IRGC vows vengeance against US and Israel for Khamenei’s killing, escalating fears of wider Middle East conflict

The post What’s keeping Gold under pressure despite geopolitical risks? appeared on BitcoinEthereumNews.com. Gold (XAU/USD) trades on the back foot on Friday, struggling to build on the previous day’s gains and heading for a weekly loss as renewed hostilities in the Middle East have revived fears of energy-driven inflation and Federal Reserve (Fed) interest rate hikes. At the time of writing, XAU/USD is trading around $4,098, down 0.60% on the day. The metal, however, lacks follow-through selling as traders reassess US-Iran tensions following reports that technical talks are continuing despite the military clashes, prompting a pullback in crude Oil prices. Can Gold stage a sustained recovery? While Gold has staged a modest rebound from $3,941, its lowest level since November 2025, the metal is struggling to attract meaningful buying interest. Since the US-Iran war broke out in February, Gold has behaved less like a traditional safe-haven asset and more like a rate-sensitive instrument,

US prosecutors charged Rossen Iossifov over the alleged laundering of $290,000 in forfeited crypto from a Kraken account.

Coinbase CLO Paul Grewal and Grayscale CFO Edward McGee have both resigned, with internal successors named as new US crypto rules take shape. The post Coinbase CLO and Grayscale CFO Both Exit as Crypto Regulation Era Begins appeared first on 99Bitcoins.

Circle announces it received final OCC approval for a national trust bank that will initially serve the company and affiliates, with possible future custody services for institutional clients.

The post US Dollar: Geopolitics faded as markets eye rates – ING appeared on BitcoinEthereumNews.com. ING’s Francesco Pesole notes the US Dollar (USD) has been broadly unchanged despite renewed Middle East tensions, as Oil has retraced and risk sentiment improved. He highlights that fading geopolitical risk keeps focus on front-end rate differentials, which have moved against the Dollar in some cases. ING sees upside risks for the Dollar but expects only limited DXY reaction if Oil stays contained. Dollar sidelined by rate focus “Markets are taking a decisively optimistic stance on fresh US-Iran tensions. Multiple reports indicate traffic in Hormuz has dropped to almost zero in the past couple of days, and we have seen effectively no intent of de-escalation from either party.” “The 2-year USD swap rate has erased roughly half of the 10bp jump after the re-escalation – 35bp of tightening is currently priced in for December.” “The dollar is seeing no benefits from this situation. Fading

The post Why are Oil prices taking a breather after rallying earlier this week? appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI) Oil futures on NYMEX trade slightly lower to near $71.50 during the European trading session on Friday. The Oil price extends its correction after posting a fresh over two-week high at $75.73 on Wednesday. The black gold has come under pressure amid signs of de-escalation in the restart of the war between the United States (US) and Iran. Earlier in the day, a US official confirmed that technical talks with Iran continued, despite President Donald Trump declaring that the memorandum of understanding (MoU) with Tehran is over. US President Trump also said late Wednesday that he had a conversation with Iran, adding that the nation wants the deal badly. However, he doesn’t believe that Iran would honor the deal, CNBC reported. Meanwhile, the downside in oil prices will likely remain limited, as the exchange of attacks between the US and Iran are

The post Oil: Brent retraces gains on fragile ceasefire – Rabobank appeared on BitcoinEthereumNews.com. Rabobank strategist Molly Schwartz notes that Brent Oil traffic through the Strait of Hormuz remains constrained despite a nominal ceasefire between the US and Iran. War insurance costs have risen sharply and shipowners are being advised to pause Hormuz voyages. Brent crude briefly traded above $80/bbl before retracing to around $76/bbl as markets stayed optimistic. Hormuz risks and Brent price swings “According to Bloomberg, the Joint Maritime Information Center said that traffic through the Strait remains at “reduced levels,” (around 24% of pre-war transit) even though US-assisted vessel transits have been largely uninhibited.” “Reuters reports that “some war insurers advise shipowners to pause Hormuz voyages after attacks,” adding that “war insurance for ships inside the Gulf has already ticked higher towards 3% of a vessel’s value, up from 2% at the end of last week.” Meanwhile,

The post United States Dollar Index extends losses as US and Iran attempt to resume talks appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY) is trading lower for the third consecutive day on Friday. A tense calm in Iran and news that mediating countries are working to bring Washington and Tehran back to the negotiating table are allowing a mild appetite for risk and weighing on the safe-haven US Dollar (USD). The Dollar Index, which measures the value of the Greenback against a basket of six peers, is trading at 100.75 at the time of writing after bouncing from levels a few pips shy of the last three weeks’ low of 100.56.  US and Iranian forces have paused the tit-for-tat strikes launched over the previous two days while Qatar and Pakistan work to resume the peace process. A US official cited by CNN affirmed earlier on Friday that the US has been striking and then pausing deliberately to avoid escalation and let diplomacy work. The rebound in oil prices benefits the USD Tra