By Alex Lawler, Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – Oil prices, which hit a six-month high on Friday, are expected to rise on Monday after Iran’s attack on Israel over the weekend, analysts said, but further gains may depend on how Israel chooses to respond. Iran launched explosive drones and missiles at Israel
After Iran’s April 13 drone attack on Israel, the crypto market reacted; Bitcoin (BTC) dropped more than 8% from its value to trade at $61,514. The latest correction marked the continuation of a trend that started on April 12 and worsened the next day. Analysts estimate the crypto market liquidated more than $860 million in
(Bloomberg) — Bitcoin recovered from the steepest selloff in more than a year, an early indication of impending volatility across asset markets as investors digest the prospects of a military escalation in the Middle East. Most Read from Bloomberg The largest cryptocurrency rose as much as 5.9% and traded around $64,600 as of 11:40 a.m.
TEL AVIV, Israel (AP) — Israel on Sunday hailed its successful air defenses in the face of an unprecedented attack by Iran, saying it and its allies thwarted 99% of the more than 300 drones and missiles launched toward its territory. But regional tensions remain high, amid fears of further escalation in the event of
(Bloomberg) — Bitcoin struggled for traction after sinking the most in more than a year, part of a wider tumble in cryptocurrency markets as escalating geopolitical tension in the Middle East spurred risk aversion. Most Read from Bloomberg The largest cryptocurrency slid 7.7% on Saturday, the biggest such retreat since March 2023. The token pared
Cryptocurrency prices fell Saturday evening after Iran launched a wave of drones at Israel, marking an early indication of the turmoil that could hit markets as investors start to price in the threat of a broader Middle East war. Bitcoin was down 5% from its price on Friday, while ether sank more than 7%, and
(Bloomberg) — The financial world was roiled by a flare-up in geopolitical risks that sent stocks sliding — while spurring a flight to the safest corners of the market such as bonds and the dollar. Oil rose. Most Read from Bloomberg Equities saw their worst day since January after a news report that Israel was
(Bloomberg) — Israel is bracing for a direct and unprecedented attack by Iran on government targets as soon as Saturday, according to people familiar with western intelligence assessments, a move that has the potential to trigger an all-out regional war. Most Read from Bloomberg An assault from Iranian soil has emerged as one of the
US lawmakers moved Thursday toward prohibiting any further funding for the UN’s embattled agency for Palestinians, which Israel has sought to link to Hamas. President Joe Biden’s administration has already suspended funding for UNRWA — despite saying its work in war-ravaged Gaza was invaluable — after Israel alleged that several of its employees participated in
The Enforcement Directorate has filed a chargesheet under anti-money laundering laws against 299 entities, including 10 individuals of Chinese origin. This action follows an investigation into allegations of defrauding investors through schemes involving mining cryptocurrencies like Bitcoins, stated the ED. The ED stated that a special court in Dimapur, Nagaland, has acknowledged the prosecution complaint filed