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US to launch biggest financial sanctions on Iran amid Strait of Hormuz tensions

Market News
23 Aug 2026
CNBC
View Source
Bearish
pluang ai news

The US will introduce its most extensive financial sanctions ever against Iran, targeting its banking, energy, aviation, and cryptocurrency sectors. This move follows the failure to reach a ceasefire in the Middle East conflict and aims to isolate Iran economically. Iran has responded by threatening to seize vessels violating transit rules in the Strait of Hormuz and warning Gulf neighbors against joining US sanctions. The situation raises risks for global oil supply, as the strait is a critical chokepoint for seaborne oil shipments.

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Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

Most Volksbanken offer limited crypto trading via DZ Bank's meinKrypto platform, with varied availability and fees.

As of August 2026, only a few Volksbanken publicly offer crypto trading through the DZ Bank-operated meinKrypto platform, accessible via the VR Banking App. The service is licensed under EU regulations and allows trading of Bitcoin, Ethereum, Litecoi...

Market News
Neutral
4 hours ago
Pendle's USDC vault on Morpho hits $50M deposits in under two weeks with up to 14% APY.

Pendle's USDC vault on Morpho hits $50M deposits in under two weeks with up to 14% APY.

Pendle's USDC vault on the Morpho lending protocol has attracted $50 million from 230 depositors in just about ten days since its launch on August 4, 2026. The vault, curated by Wintermute's Armitage arm, offers depositors a mix of base yield and PEN...

Protocol Fundamentals
Bullish
4 hours ago
Alibaba raises $10.2B via share sale to fund AI investments amid profit drop.

Alibaba raises $10.2B via share sale to fund AI investments amid profit drop.

Alibaba announced an $10.2 billion share placement to non-U.S. investors, pricing 710 million new shares at HK$112.70 each, below the previous close. The company will use all proceeds to boost its AI infrastructure and capabilities, following a 75% p...

Market News
Bearish
4 hours ago
Bitcoin holds above $77K after strong rally fueled by ETF inflows and improved US market liquidity.

Bitcoin holds above $77K after strong rally fueled by ETF inflows and improved US market liquidity.

Bitcoin surged from around $64,000 to nearly $79,500 last week, supported by $2.6 billion in inflows to US spot bitcoin and ether ETFs, the strongest since October 2025. Improved liquidity from US Treasury bond purchases and clearer crypto regulation...

Market News
Bullish
4 hours ago
BTC.TOP founder bets Ethereum will outperform Bitcoin, sees crypto bear market ending.

BTC.TOP founder bets Ethereum will outperform Bitcoin, sees crypto bear market ending.

Jiang Zhuoer, founder of BTC.TOP, has shifted from a bearish to a bullish outlook on Ethereum, predicting it could outperform Bitcoin in the current market cycle. After closing short positions on ETH at a loss due to its rapid recovery, he now holds ...

Market News
Bullish
4 hours ago
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