U S Treasury

The U.S. Treasury has sanctioned Tehran-based crypto exchange BitBank and its software developer over alleged Bitcoin transfers linked to Iran’s Revolutionary Guard Corps. Officials said the exchange also processed some payments connected to safe-passage fees charged to tankers crossing the Strait of Hormuz.

Bitcoin is outperforming gold even as both assets rise on concerns that heavily indebted governments may rely on currency debasement to manage fiscal pressure. The bitcoin-to-gold ratio has climbed to 18.17, its highest level since January, meaning one BTC now buys a little more than 18 ounces of gold.

Bitcoin is outperforming gold, the Nasdaq 100 and the S&P 500 in a pivotal month for macro markets. Its rising correlation with gold and inverse relationship with the Dollar Index are sharpening the debate over BTC as a store of value.

USD/ZAR is hovering near the psychologically important 16.00 level after a sharp move lower driven by broad US dollar weakness. Traders are watching 16.03400 resistance, 16.00010 support, and the Jackson Hole Symposium for the next major catalyst.

Ethereum has surged after major regulatory and liquidity developments lifted sentiment across digital assets. Technical traders are now watching on-chain valuation and volume signals that could confirm whether ETH is entering a new bullish cycle.

USD/MXN is trading near territory last seen in June of 2024 as broad U.S. dollar weakness continues to shape short-term sentiment. Traders are watching whether the pair can hold below 16.95000 and whether a move toward 16.90000 attracts fresh volatility before the Fed’s Jackson Hole Symposium.

Ray Dalio says investors should hold a bit of Bitcoin and allocate about 10% to 15% of a portfolio to gold as protection against rising government debt and potential currency devaluation. The Bridgewater Associates founder warns that weaker demand for U.S. debt could lift interest rates or push the Federal Reserve toward money creation and bond buying.

AUD/USD advanced to its highest level since early June as improving risk appetite supported the growth-sensitive Australian dollar. Traders are watching whether momentum can carry the pair toward 0.7165 or whether support near 0.7130 and 0.7095 to 0.7090 comes back into focus.

Ethereum has jumped sharply after supportive U.S. regulatory and liquidity developments helped trigger a major short squeeze across crypto markets. Technical traders are now watching the 200-day EMA breakout, MVRV behavior, and volume trends for confirmation that a new ETH bull cycle is taking shape.

The U.S. dollar remains under pressure after expanded Treasury buybacks helped pull longer-term yields lower, reducing a key source of support for the greenback. EUR/USD and GBP/USD are holding firmer as traders weigh ECB rate expectations, UK inflation, and mixed central bank signals.

Bitcoin climbed about 25 percent after expanded U.S. Treasury buybacks helped cool long-term yields and forced bearish crypto traders to unwind positions. The move drew fresh attention to how bond-market pressure, ETF demand and key technical levels are shaping the next phase of the rally.

AUD/USD climbed to its highest level since early June in early Friday trade, supported by stronger risk appetite and renewed pressure on the U.S. dollar. Traders are watching whether momentum can extend toward 0.7165 or whether the pair retreats toward nearby support zones.

Gold pushed toward $4,540 as Treasury buyback signals helped ease pressure on longer-term yields and strengthened demand for precious metals. Silver remains supported after its breakout above $64, with traders focused on the $72 resistance zone as the next major trigger.

The U.S. dollar came under broad pressure after the U.S. Treasury said it would increase buybacks of longer-dated government debt. EUR/USD and GBP/USD advanced, while USD/CAD and USD/JPY moved lower as traders reassessed yield momentum and cross-market catalysts.

Russia has imposed a long-running ban on crypto mining and mining pool participation in Moscow, the Moscow Region and parts of Kursk. The restrictions are aimed at reducing power-capacity risks as energy-intensive mining operations put pressure on regional grids.

Gold is trading at $4,381.70, holding firm despite restrictive U.S. financial conditions and elevated borrowing costs. Fiscal deterioration, rising interest expenses and a weakening dollar backdrop are putting the debasement trade back at the center of market attention.

Tether reported $1.5 billion in net operating profit for the second quarter of 2026, supported by returns from U.S. Treasury and repurchase agreement holdings. The USDT issuer also expanded its gold and bitcoin reserves, even as the value of those holdings declined alongside weaker gold and bitcoin prices used in its attestation.