Bitcoin Climbs Above $81,000 on Iran De-Escalation Hopes Amid Ongoing Global Conflicts
Digital asset gains roughly 5% after earlier drop below $77,000 as traders react to signals of reduced Middle East escalation risks under the Trump administration
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Latest updates, press releases, and insights from the volatile world of digital assets.
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FBI Seizes Over $560,000 in Crypto Donations Bound for Hamas Network
U.S. authorities disrupt years-long virtual currency fundraising by the group's military wing, seize platforms and gather data on potential donors
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US Treasury Expands Iran Sanctions to Digital Assets Over Alleged $100 Million Oil Payments
The Office of Foreign Assets Control added Iran’s crypto sector to its sanctions authority on August 24, targeting brokers and intermediaries while designating nearly 60 entities in a broader economic pressure campaign
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Trump-Linked World Liberty Ties USD1 to Hong Kong AI Platform Offering Restricted Chinese Models
World Liberty Financial connects its stablecoin to WorldClaw, which routes access to dozens of Chinese AI systems under U.S. scrutiny alongside American models
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Oil Prices Plunge as Trump Confirms Monday Talks with Iran on Hormuz
Brent crude fell as much as 9% and U.S. crude dropped below $79 after the president paused planned strikes and set negotiations aimed at reopening the key waterway
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Dubai Crypto Hub and Iranian Gambling Network Moved $4 Billion to Dodge Sanctions
An unlicensed exchange processed billions in digital assets linked to illegal betting sites, the central bank and entities tied to the Revolutionary Guards
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Myanmar Parliament Approves Death Penalty for Forced Scam Labor and Life Terms for Crypto Fraud
Military-backed lawmakers cleared the Anti-Online Scam Bill on July 28, retaining capital punishment for violent coercion in online fraud centers and life sentences for digital currency scams
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EU Imposes Sweeping 21st Sanctions Package Targeting Russian Banks and Crypto Operators
The European Union has approved its largest set of new sanctions against Russia in four years, hitting over 100 banks and crypto platforms while freezing the oil price cap to further restrict funding for the war in Ukraine
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White House Crypto Adviser Patrick Witt Begins Military Leave as CLARITY Act Reaches Senate Deadline
Patrick Witt, the top White House official handling digital asset policy, will step away for military training just as Senate talks on the CLARITY Act enter a decisive phase before the August recess
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Trump Ends Iran Ceasefire: Bitcoin Drops Below $62,000 as Oil Surges
President Trump declared the US-Iran ceasefire over during the NATO summit, triggering immediate market moves. Bitcoin fell sharply below $62,000 while oil prices climbed above $75 on supply disruption concerns tied to the Strait of Hormuz
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