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Oil Prices Decrease following the US-Iran war after the killing of Larijani

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Crypto Breaking News

Tehran Sends Strong Signals in the Face of Escalation

According to the statements made by the Iranian authorities, the political and military organization of the country is stable enough to lose the leadership. According to Foreign Minister Abbas Araghchi, the institutions were operating normally. Besides, authorities reiterated that personal losses cannot undermine the system at large. These utterances are meant to show strength as the war spreads.

The oil prices shifted downwards with the escalation of geopolitical tensions in the Middle East. The prices of crude fell by over 3 percent and closed at around 92 in the last trade period. Nevertheless, markets responded to a stable supply situation and not to conflict risks. None of the significant disturbances in production or shipping of oil constrained price pressure.

The activity of shipping via the Strait of Hormuz was maintained at a moderate rate, which sustained a stable supply globally. Further, Iran permitted some commercial ships to pass through the important passage. Furthermore, Iraq and Kurdish leaders started again with oil exports through the Ceyhan port of Turkey. The situation created an addition to the supply chain in the international markets and lessened the apprehensions concerning scarcity.

Sanctions relief pushes in the wrong direction

The United States gave a temporary lift on sanctions imposed on the Russian oil shipments stuck at sea. This move gave it the opportunity to supply more supply to the international markets in the short run. As a result, the availability of crude was elevated, weighing on prices even though conflict risks were still there. Even a minor addition of supply, observed by analysts, could have an impact on prices in the existing circumstances.

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Geopolitical risks are still pitted against stable supply flows by energy markets. Although tensions are strong, traders are focusing on real disruption of the situation as opposed to possible threats. Also, the existent equilibrium between the supply and demand has curbed price spikes. The oil markets are still sensitive to the developments as the conflict goes on.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Ceasefire lifts bitcoin, but animal spirits may not return just yet: Crypto Daybook Americas

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BTC's daily swings in candlestick format with key simple moving averages. (TradingView)
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The crypto market is back on the front-foot after a two-week ceasefire between the U.S. and Iran removed some of the geopolitical uncertainty and sent oil prices tumbling. Still, energy market dynamics are such that it may be too early to assume the return of animal spirits to risk assets.

Bitcoin has jumped 3% to $71,600 in the past 24 hours while ether (ETH), XRP (XRP), and solana (SOL) have all gained more than 5%. The CoinDesk 20 Index has outperformed bitcoin, rising 4.2 percent, which is typical when altcoins outpace the market leader.

Oil has plunged after Iran agreed to open the Strait of Hormuz, a key route for global shipments. WTI crude futures trading on NYMEX are down nearly 16 percent to $95 a barrel. When crude drops sharply, inflation fears ease, Fed rate hike calls weaken and crypto tends to rally.

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Supporting the move is a drop in bitcoin and ether 30-day implied volatility, which measures market fear. Since the debut of spot ETFs two years ago, these numbers have evolved into VIX-like metrics, spiking during sell-offs and calming as panic fades.

The mood could get another lift later if Morgan Stanley’s bitcoin ETF debuts with strong volumes and inflows on day one. That would reinforce the story of institutional adoption.

“The recent pattern has been institutional demand showing up again through ETFs. When inflows are present, dips are bought faster and the market holds higher levels even when momentum cools,” Marex said.

Still, there are reasons to be cautious. The overnight rally was partly fueled by short positions being unwound after traders betting on a U.S.-Iran escalation got caught off guard. Shorts worth $431 million were liquidated in 24 hours, the largest since March 4, according to Coinglass. In cases like this, the market often chugs along waiting for fresh demand. Without it, gains can quickly reverse.

While oil is down to $85, it’s still $30 higher than before the conflict started on Feb. 28. Moreover, the ceasefire is temporary and not a permanent fix and for oil to drop further, hormuz tanker traffic and insurance rates need to normalize to pre-war levels.

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“This remains a pause rather than a durable settlement, with the ceasefire conditional on how Iran manages passage through Hormuz over the coming weeks,” QCP Capital said. “That caution matters because the physical damage narrative has not gone away.”

Until then, oil could stay near $100 and keep risk assets like crypto in check. Stay alert.

What’s trending

Read more: For a comprehensive list of events that would be shaping up this week, see CoinDesk’s “Crypto Week Ahead“.

Today’s signal

BTC's daily swings in candlestick format with key simple moving averages. (TradingView)

The chart shows bitcoin’s daily price swings in candlestick format since October. The yellow line represents the 50-day simple moving average (SMA) of the price, and the white line shows the 100-day average.

As shown, the spot price has decisively moved above the 50-day average, a widely watched measure of near-term trends. The move indicates a strengthening of bullish momentum and follows the recent bounce from the trendline support at the February lows.

Prices, therefore, could see more upside ahead, with $76,100, the 100-day average, as the next level to watch. On the downside, the late March lows near $65,000 are expected to act as a demand zone, supporting pullbacks. If that level fails, prices could fall to $60,000.

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Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today

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Trump Weighs NATO Troop Shakeup as Punishment: Could Tariffs Be Next?

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President Trump is weighing a plan to relocate US troops away from NATO countries he considers “unhelpful” in the Iran conflict, according to the Wall Street Journal.

The proposal, still in early stages, is one of several White House options to pressure allies over limited support for US-led operations.

NATO Rift Over Iran Widens

The plan would shift portions of roughly 84,000 American troops stationed across Europe. Trump and his team have expressed frustration at allies who denied the US logistical help, airspace access, or base use during strikes against Iran.

Secretary of State Marco Rubio said the administration would need to reexamine NATO’s value.

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Trump himself has called some allies “cowards” and labeled the alliance a “paper tiger.”

Countries viewed as supportive, including Poland, Romania, Lithuania, and Greece, could receive additional forces. Those nations have aligned more closely with Washington’s eastern flank priorities.

Trade Threats Already in Motion

Trump threatened to cut off all trade with Spain after it refused to allow US military bases to be used in strikes against Iran.

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He directed Treasury Secretary Scott Bessent to end all dealings with Madrid.

Meanwhile, Trump announced immediate 50% tariffs on goods from any country supplying weapons to Iran, with no exclusions or exemptions.

Russia and China are Iran’s most significant weapons suppliers.

No tariff package specifically targeting “unhelpful” NATO members has been formally announced.

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However, the Spain episode and Trump’s pattern of mixing military pressure with economic punishment suggest trade measures could follow.

“The proposal would involve moving US troops from ‘unhelpful’ countries and into countries that were ‘more supportive’ of the Iran War 2. The plan is early in conception and one of several that the White House is discussing to punish NATO,” the Kobeissi Letter indicated, citing the WSJ.

Whether tariffs become the matching stick for resisters may depend on how NATO responds as ceasefire talks with Iran continue.

The post Trump Weighs NATO Troop Shakeup as Punishment: Could Tariffs Be Next? appeared first on BeInCrypto.

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US Treasury Moves Forward with GENIUS Act, Focusing on Illicit Finance

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Law, Government, United States, Stablecoin

Payment stablecoin issuers in the United States will be required to implement a regime targeting illicit finance under the proposed framework for the GENIUS Act.

In a Wednesday notice, the US Treasury Department said its Financial Crimes Enforcement Network and Office of Foreign Assets Control (OFAC) had issued a joint proposed rule to implement provisions of the GENIUS Act, signed into law in July 2025. 

The proposal would direct payment stablecoin issuers to establish and maintain an anti-money laundering (AML) and countering the financing of terrorism (CFT) program, maintain a sanctions compliance program, and have the ability to “block, freeze and reject” certain stablecoin transactions. Issuers would be treated as financial institutions for purposes of the Bank Secrecy Act (BSA).

“Bringing stablecoin issuers into full BSA/OFAC compliance effectively turns them into bank-like gatekeepers,” Snir Levi, CEO of blockchain intelligence firm Nominis, told Cointelegraph. “That means significantly more wallet freezes, transaction blocking and asset seizures at scale,” he said.

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Law, Government, United States, Stablecoin
Source: Financial Crimes Enforcement Network

Treasury’s notice was part of the implementation of the GENIUS Act, the stablecoin payments bill signed into law by US President Donald Trump last year. The legislation provides a framework for stablecoin issuers and is expected to be a boon for crypto markets. It will be effective 18 months after it was signed in July or 120 days after federal authorities issue related regulations.

Related: NYT revives Adam Back theory in latest bid to identify Bitcoin creator

On Tuesday, the US Federal Deposit Insurance Corporation (FDIC) issued its own proposed rule as part of the agency’s GENIUS Act implementation. The FDIC said stablecoin holders would not be insured under the bill, though reserve deposits for issuers would receive protection.

Stablecoin yield fight rages between US lawmakers and banking and crypto industries

While federal agencies work on implementation of the GENIUS Act, Congress has effectively been stalled on progress for a bill to establish a digital asset market framework, called the CLARITY Act when it passed the House of Representatives last year.

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With the Senate Banking Committee yet to schedule a markup on the bill — a necessary step before a full floor vote in the chamber — crypto and banking representatives have been meeting with White House officials to discuss issues related to stablecoin yield, tokenized equities and ethics.

The White House’s Council of Economic Advisers said on Wednesday that a ban on stablecoin yield in the bill “would do very little to protect bank lending,” claiming that it would impose costs on users.

As of Wednesday, the banking committee had not rescheduled a markup on the CLARITY Act.

Magazine: Your guide to surviving this mini-crypto winter

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