US Sanctions Iranian BitBank Over Alleged Bitcoin Transfers to IRGC
US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz. The...
Month : October 2026
Taliban Pitches Afghanistan’s $1 Trillion Mineral Wealth to Trump Administration
Afghanistan's rulers are dangling $1 trillion in lithium and rare earth deposits to lure Washington back to the table Afghanistan’s Taliban government is making a...
Amazon (AMZN) Stock: Company Pauses 21 Air Operations After Fatal Miami Cargo Crash
TLDR Amazon has paused operations with 21 Air, the cargo carrier that operated Prime Air Flight 7598, which crashed at Miami International Airport on Sept....
US House Committee Advances Bill to Establish Strategic Bitcoin Reserve
US lawmakers took a step on Wednesday to put US President Donald Trump’s executive order to establish a strategic Bitcoin reserve into law. The American...
Jackson Hole Remarks Lift Market Odds of a September Fed Rate Hike
The Federal Reserve’s annual Jackson Hole conference concluded with a strong focus on inflation control and potential near-term interest rate hikes. Central banks from other...
ARK Invest Rotates Portfolio, Buying Rocket Lab and Intellia While Selling Meta and Biotech Stocks
TLDR ARK sold 46,015 shares of Twist Bioscience worth $5.8 million through its ARKK ETF ARK also sold shares in 10X Genomics, Bullish, Tempus AI,...
House Panel Moves Crypto Tax Bill Forward in Bipartisan 38–5 Vote
The US House Ways and Means Committee passed the Digital Asset Tax Certainty Act with bipartisan support on Wednesday, advancing legislation aimed at reshaping the...
Oil Prices Rise as US-Iran Tensions Escalate Near Strait of Hormuz
Oil prices have surged following a U.S. military action against an Iranian island in the strategic Strait of Hormuz, heightening tensions in the region. The...
Bessent Calls Recent Yen Volatility ‘Contained’ After US-Japan Intervention
Bessent's calm tone on the yen comes just weeks after the first US-backed currency intervention in nearly three decades Treasury Secretary Scott Bessent wants everyone...
Tesla’s U.S. EV Share Rises to 52% as Rivals Scale Back
TLDR Tesla captured 52% of U.S. EV sales through August 2026, up from 43% a year earlier Tesla’s U.S. sales fell 16%, but total U.S....