Newsroom
Short, verified market news summaries; every item names its source and publication date.
US Labor Day Gas Price Hits Record $4.15 a Gallon as Sanders Calls for Immediate End to War With Iran
Senior US Senator Bernie Sanders of Vermont wrote on X on Saturday, September 5, 2026 (14 Shahrivar 1405), that the national average US gasoline price had never before topped $4 a gallon on the Labor Day holiday, but reached $4.15 today. According to Mehr News Agency, he attributed the rise directly to what he called Trump's illegal and disastrous war against Iran, saying the war has not only caused thousands of casualties but is devastating the US economy. Sanders closed his post by saying the United States must end the war right now. The remarks came on the same day CENTCOM said American forces struck three Iranian oil tankers in response to an alleged Iranian missile launch at two US warships.
Mehr News Agency
Coinbase Adds Six New Tokenized Stocks, Including Tesla and SpaceX, to Its Base Network
According to Arzdigital, Coinbase added six new tokenized assets to its Base layer two network on Friday, September 4, 2026 (13 Shahrivar 1405), after recording 228 million dollars in trading volume in the first 30 days of its tokenized stock offering. The new list includes shares of Amazon, Microsoft, Tesla, SanDisk, Strategy and SpaceX, now available to eligible investors as onchain tokens; the addition brings the number of tokenized stocks on Base to 10, joining Apple, Google, Meta and Nvidia. Per the report, the assets are issued under the B20 standard by Coinbase Onchain SPV in the Abu Dhabi Global Market free zone, with Alpaca Securities, registered with the US Securities and Exchange Commission, handling brokerage and custody. Under US law, the tokens are not available to US citizens, but other eligible investors can hold them in personal wallets and use them as collateral for lending or borrowing on decentralized finance platforms.
Arzdigital
Zcash Tops $1,000 After First US Spot ETF Approval and SEC Closing Its Investigation
According to Arzdigital, the cryptocurrency Zcash topped 1,000 dollars for the first time on Friday, September 4, 2026 (13 Shahrivar 1405), reaching 1,023 dollars on Coinbase, up from under 50 dollars at the start of 2025. The jump followed the US Securities and Exchange Commission's decision in January 2026 to close a two year investigation into the Zcash Foundation without penalty, clearing the way for Grayscale to convert its fund into the first Zcash spot ETF, trading under the ticker ZCSH on NYSE Arca, which now holds more than 414 million dollars in assets under management. Per the report, the rally came alongside the liquidation of more than 34.5 million dollars in short derivatives positions, which pushed the price up about 20 percent further in a short span. Zcash, long under regulatory pressure over its privacy focused design, has now returned to the top 10 cryptocurrencies by market value; analysts cited by Arzdigital described it as hard money comparable to bitcoin, with a 21 million unit supply cap, that also allows confidential transactions.
Arzdigital
Stronger Than Expected US Jobs Report Pushes Gold and Stocks Lower; Markets Now Watch September 11 Inflation Data
According to Ecoiran, the US Labor Department said on Friday, September 4, 2026 (13 Shahrivar 1405), that US nonfarm payrolls rose by 162,000 in August, far above the 56,000 economists polled by Reuters had expected; the unemployment rate held at 4.1 percent, and June and July payrolls were revised up by a combined 55,000. The labor force participation rate rose to 61.6 percent and annual hourly wage growth was 3.1 percent. The report boosted expectations of a Federal Reserve rate hike at its September 15 to 16 meeting, pushing the two year Treasury yield to 4.37 percent and pulling the S&P 500 down 0.4 percent; spot gold fell more than 1 percent to around 4,427 dollars an ounce and silver fell about 1.1 percent to near 66.1 dollars an ounce. Fed Chair Kevin Warsh had earlier said at Jackson Hole that the US labor market is consistent with full employment and that monetary policy should focus on inflation. Ecoiran wrote that markets are now focused on the September 11 (20 Shahrivar) US consumer price index, which could decide whether a September rate hike becomes the Fed's leading option.
Ecoiran
Average US Diesel Price Hits Record High Amid Escalating Tension in West Asia
According to Ecoiran, citing ISNA, amid intensifying disruption to global energy supply following renewed fighting in West Asia and the ongoing war in Ukraine, the average US diesel price hit a record high of 5.85 dollars a gallon on Friday, September 4, 2026 (13 Shahrivar 1405), based on data from the American Automobile Association (AAA). Per the report, given a sharp decline in diesel inventories, prices could rise further in the coming days, particularly as US farm states enter their harvest and planting season and demand for diesel increases.
Ecoiran, citing ISNA
$1 coin bearing Trump's image enters US circulation, a first in a century
The US Mint announced that $1 coins bearing the image of President Donald Trump have entered circulation, a step not taken for any living US president in the past century. According to Ecoiran, citing ISNA, the coins are not made of real gold but carry a gold-colored manganese brass coating and were struck at the Philadelphia Mint; the Mint has not disclosed the total number produced but said 250,000 of them carry a special "Fourth of July" mark. The Trump administration has cited the "Redesign of Circulating Collectible Coins Act," passed in 2020, to work around the general ban on depicting living presidents on US currency. The last time a living US president's image was struck on a US coin was a century ago, marking the country's 150th anniversary of independence, with an image of Calvin Coolidge. Members of the bipartisan Citizens Coinage Advisory Committee, which advises the Treasury Department, said the coin was not submitted to them for review before production.
Ecoiran, citing ISNA
Canada's PM says unelected US officials have no standing to weigh in on Canadian policy
Canadian Prime Minister Mark Carney said on Thursday, September 3, 2026, amid a tariff war between Canada and the United States, that unelected, appointed US officials have no standing to comment on Canadian policy. According to Ecoiran, citing ISNA, the remarks came in response to comments last week by US Commerce Secretary Howard Lutnick, who claimed Canada withdrew from a trade deal with the US late last month "for political reasons." Canada and the US failed to reach a trade agreement after weeks of intensive negotiations over the summer, after which President Donald Trump's new 50% tariffs took effect on billions of dollars of Canadian goods covered by the Canada-US-Mexico trade agreement. Carney said Canada will impose retaliatory tariffs on nearly $28 billion of US goods starting September 8, 2026.
Ecoiran, citing ISNA
SEC chair: crypto clarity bill faces key Senate vote on September 15
Paul Atkins, chair of the US Securities and Exchange Commission (SEC), said in an interview with Fox Business that the digital asset market transparency bill known as the CLARITY Act faces a key procedural vote in the US Senate on September 15, 2026. According to ArzDigital, the vote is not the bill's final passage but concerns formally opening debate on it, and supporters need at least 60 votes to clear that stage. The bill, which would set a federal framework dividing oversight of the digital asset market between the SEC and the Commodity Futures Trading Commission (CFTC), passed the US House of Representatives in July 2025 by a vote of 294 to 134, and the Senate Banking Committee advanced its own version in May 2026 by 15 votes to 9. Atkins said he hopes the bill will ultimately reach President Donald Trump's desk for signature.
ArzDigital, citing Fox Business
Fed's Waller: Won't Back a Rate Hike If August Inflation Keeps Cooling
Federal Reserve Board member Christopher Waller said on Thursday, September 3, 2026 (12 Shahrivar 1405), that if August inflation data shows the cooling trend continuing, he is prepared not to back a rate hike at the Fed's September meeting and to hold policy at its current level. According to Ecoiran, Waller acknowledged inflation remains above the Fed's 2 percent target but said a 25 basis point hike at a single meeting would do little to bring inflation to target while carrying real costs for the economy. Following his remarks, the odds of a rate hike priced into the FedWatch tool fell from about 60 percent to around 50 percent. Waller cautioned the outcome is not yet settled: weekly US jobless claims rose to 206,000, slightly above forecasts, and the US nonfarm payrolls report is due tomorrow, Friday, September 4 (13 Shahrivar). Markets are also awaiting remarks from Cleveland Fed President Beth Hammack, which could push rate hike odds back above 50 percent. Arzdigital also covered Waller's comments, noting the final decision hinges on economic data released before the September meeting.
Ecoiran
US Manufacturing PMI Slips to 54.6% in August
According to Ecoiran, the Institute for Supply Management's US Manufacturing PMI fell one percentage point from the prior month to 54.6 percent in August 2026, marking an eighth straight month of manufacturing expansion and a 22nd consecutive month of overall economic growth. The S&P Global manufacturing PMI held steady at 53.9 percent. In the ISM survey, 42 percent of comments were positive and 58 percent negative; among negative comments, price volatility accounted for 57 percent, longer delivery times 46 percent, the Iran war 30 percent and tariffs 29 percent. The New Orders index fell 3 points to 53.7 percent and the Employment index fell 1.6 points to 51.2 percent, while the Prices index held at a high 71.1 percent.
Ecoiran, citing مؤسسه ISM
Dell's Record $47 Billion Quarterly Revenue Beats Forecasts on AI Server Demand; Annual Outlook Raised by $25 Billion
Dell Technologies reported record quarterly revenue of $47 billion for its second fiscal quarter on Wednesday, 2 September 2026 (11 Shahrivar 1405), beating analyst expectations of about $45 billion. According to Eco Iran, adjusted earnings per share came in at $7.04, above the roughly $4.91 the market had expected. Dell's shares rose more than 10 percent following the report. The company raised its fiscal 2027 annual revenue forecast by $25 billion to $192 billion, up from a prior forecast of $167 billion, and lifted its adjusted earnings per share guidance from $17.90 to $25.50. Revenue from AI optimized servers reached $16.4 billion in the quarter, with the company booking about $60.9 billion in new orders for the segment during the period, taking its total order backlog to roughly $95 billion. Dell now expects annual AI server revenue of $74 billion, up from a prior estimate of $60 billion. The company's PC sales also grew 20 percent, the fastest pace in five years.
Eco Iran
US Private Payrolls Growth Slows to Weakest Since January; Global Gold Rebounds Above $4,360
US payroll processor ADP said on Wednesday, 2 September 2026 (11 Shahrivar 1405), that private employers added just 38,000 jobs in August, below the roughly 47,000 analysts had expected and down from an upwardly revised 46,000 in July. According to CNBC, it was the smallest monthly job gain since January. Most of the growth came from three sectors, education and health services (45,000), leisure and hospitality (16,000) and construction (12,000), while manufacturing shed 17,000 positions and professional and business services lost 16,000. The government's official nonfarm payrolls report is due Friday, with markets expecting a gain of 53,000 and the unemployment rate holding at 4.1 percent. Following the release, global gold climbed back above $4,360 an ounce in Wednesday trading, recovering from a near one month low touched earlier in the same session, as the dollar index and US Treasury yields pulled back from recent highs. Markets are now awaiting Friday's official jobs report for further clues on the Federal Reserve's policy path, a channel that feeds through the dollar index and the global gold ounce into Iran's own dollar and gold prices.
CNBC
US Diesel Prices Hit Highest Level Since April
The American Automobile Association (AAA) reported the US retail diesel average reached $5.688 a gallon on Tuesday, September 1, 2026 (10 Shahrivar 1405), a figure Bloomberg, cited by Donya-e-Eqtesad, said was only slightly below April's record, itself the highest level since mid-2022. Goldman Sachs analysts wrote in a note dated August 28 (6 Shahrivar) that strikes on Middle East and Russian refineries have further tightened global refining capacity that was already under strain. Earlier this week, US President Donald Trump asked domestic refiners in a closed-door meeting to boost diesel and gasoline output.
Donya-e-Eqtesad, citing Bloomberg
Bessent, Responding to Druckenmiller's Criticism of Bond Market Intervention: Treasury's Better Performance Is a Result of These Actions
US Treasury Secretary Scott Bessent, in a Monday, 9 Shahrivar 1405 (August 31, 2026) CNBC interview reported by Donya-e-Eqtesad, responded to criticism from Stanley Druckenmiller, a veteran investor and his own former mentor, over the Treasury's intervention in the bond market through an expanded buyback program, saying he had discussed the matter with Druckenmiller and that Treasury bonds' improved performance is precisely a result of those interventionist actions. Druckenmiller had earlier written in the Wall Street Journal urging policymakers to let the bond market do its job. Bessent said the 10 year Treasury yield has stayed roughly flat since Donald Trump took office, rising only about two basis points in August, compared with more than 10 basis points for German bunds and 15 for Japanese bonds over the same period. Even so, the US 10 year yield topped 4.75 percent on Monday, its highest since January 2025, a move he attributed mainly to rising oil prices and speculation over a Federal Reserve rate increase. On the sidelines of the G20 finance ministers meeting in North Carolina, Bessent also denied claims of a rift with Federal Reserve Chair Kevin Warsh.
Donya-e-Eqtesad, citing CNBC
US Weighs Reviving 18th Century "Prize Law" to Seize and Sell Iranian Oil
According to a report by Oilprice.com citing Bloomberg, published Saturday, 7 Shahrivar 1405 (August 29, 2026), the US government is exploring an unusual legal route for Iranian oil and ships captured under its naval blockade: reviving "prize law," a wartime mechanism largely dormant since World War II. Per the report, the Justice Department is working with the Pentagon to use the mechanism, which unlike the slower, more contested civil forfeiture process, would let courts transfer ownership of vessels and cargo captured during an armed conflict to the United States and channel the sale proceeds to the US Treasury. Aaron Reitz, the US Attorney whose office is working with Justice Department officials in Washington, told Bloomberg the department is "now reviving" prize courts, calling it an "ancient body of maritime law." Oilprice.com reported that Houston, with its major port and proximity to the largest concentration of US petrochemical infrastructure, is being considered as a central venue for such cases. US forces have intercepted a number of Iranian owned or Iran linked vessels since the naval blockade was imposed in Farvardin 1405 (April 2026). The report added that legal experts are uncertain whether the centuries old framework can operate under modern international law and whether there is sufficient legal basis given questions over congressional authorization for the conflict, while critics warned the move could set a precedent that rivals such as China could later invoke against US shipping.
Oilprice.com (citing Bloomberg)
Fed September Rate Hike Odds Jump to 58 Percent as Two Year Treasury Yield Hits 4.34 Percent
According to Khabaronline, published Saturday, 7 Shahrivar 1405 (August 29, 2026), data from CME FedWatch reported by Reuters showed the probability of a September Federal Reserve rate hike jumped from about 36 percent to 58 percent after Fed Chair Kevin Warsh's hawkish remarks at the Jackson Hole symposium, while the odds of a December hike rose to about 89 percent. Warsh said in the speech that the Fed still faces a monetary policy challenge until inflation moves convincingly toward its 2 percent target. At the same time, the US two year Treasury yield rose to 4.34 percent, a figure separately confirmed the same day by Tgju.org, which also reported the 10 year yield at 4.73 percent. The Wall Street Journal said the combination drove gold's biggest weekly drop since the week ending 15 Khordad (early June), since rising yields and a stronger dollar typically reduce the metal's appeal to investors.
Khabaronline, citing the Wall Street Journal and Reuters
New York Warns of AI Driven Crypto Scams as 2025 Losses Top $8 Billion
According to Arzdigital, the New York Attorney General's office warned that AI generated content and fake crypto projects have made scam advertising far more convincing. Official data from the US Federal Trade Commission (FTC) shows losses from these schemes topped 8 billion dollars in 2025, up 38 percent from the prior year; more than 144,000 consumers were victimized, with an average loss of about 10,560 dollars per person. The New York Attorney General said scammers use AI to clone voices, produce deepfake videos and impersonate celebrities to lure social media users, including on Facebook and WhatsApp, toward fake trading platforms. Officials advised investors to treat promises of guaranteed high returns, pressure for quick decisions, and a lack of transparent documentation as warning signs before transferring any funds.
Arzdigital, citing the New York Attorney General and the FTC
Bitcoin and Global Markets Slide After Fed Chair Warsh's Hawkish Jackson Hole Remarks
Bitcoin, which had climbed from under 65,000 dollars to more than 81,000 dollars in recent weeks, suffered its first serious pullback after US Federal Reserve Chair Kevin Warsh struck a hawkish tone at the Jackson Hole symposium on Friday, 6 Shahrivar 1405 (August 28, 2026), falling about 3,000 dollars within hours to below 77,000 dollars. According to Arzdigital, the selloff spread to other financial markets, including equities and precious metals. In his remarks, Warsh stressed that inflation remains well above the 2 percent target, with the PCE inflation index reaching 3.7 percent in July, and said the Fed will not hesitate to act if needed to bring inflation down, though he gave no explicit timeline for a rate increase. Following his remarks, traders raised the odds of a Fed rate hike at the September meeting from 33 percent to 60 percent, which strengthened the dollar and pushed up US Treasury yields.
Arzdigital
Solana ETF Inflows Hit Their Third Largest Daily Record
According to SoSoValue data, inflows into US spot Solana ETFs reached 60.91 million dollars on Thursday, Shahrivar 5, 1405 (August 27, 2026), the third largest daily record since the funds launched and the highest since November 2025. Total net inflows into the funds have reached 1.322 billion dollars, with about 66 percent of that day's inflow coming from Bitwise's BSOL fund. Charles Schwab has said it plans to add Solana to its crypto trading platform in the coming months. The two previous large inflow records for Solana ETFs were each followed by a price drop of more than 20 percent in subsequent weeks.
Arzdigital
US Ethereum ETFs Post Their Strongest Inflow in 10 Months
According to data from Farside Investors, US spot Ethereum ETFs recorded their strongest trading day in 10 months on Thursday, Shahrivar 5, 1405 (August 27, 2026), pulling in 225.8 million dollars and marking a ninth consecutive day of inflows. BlackRock's ETHA fund has driven the trend, attracting more than 1.02 billion dollars over the past nine sessions, or 72 percent of the category's total inflows. Ethereum was trading around 2,477 dollars during this period. Analysts say the gap between Ethereum and Bitcoin ETF inflows has narrowed to its smallest level in recent days.
Arzdigital
Alberta Premier Rejects Using Oil as Leverage Against Trump
Alberta Premier Danielle Smith on Thursday, 5 Shahrivar 1405 (August 27, 2026), rejected the idea of imposing export taxes on the Canadian province's crude oil exports to the United States in retaliation for the Trump administration's tariffs. According to Oilprice.com, citing Global News, she called the move potentially the most disastrous policy decision for Canada's economy. Smith said such a step could trigger a disproportionate US tariff response and warned Washington could in turn cut off gasoline and diesel exports to Ontario and Quebec. Alberta exports about 4 million barrels of crude oil a day to the United States, worth roughly $80 billion last year.
Oilprice.com, citing گلوبالنیوز
Financial Disclosure: Trump Sold ExxonMobil Stock the Day He Announced the Iran War Ceasefire
According to Oilprice.com's Charles Kennedy, in a report published Thursday, 5 Shahrivar 1405 (August 27, 2026) based on financial disclosures reviewed by CBS News, investment accounts belonging to US President Donald Trump sold between $500,000 and $1 million of ExxonMobil stock on April 7, 2026 (18 Farvardin 1405), the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares fell 6.5 percent. Exxon closed that day at $163.91 and opened the next morning at $153.52. The report said the trade was one of hundreds of thousands of dollars in transactions involving Exxon, Chevron and other oil and gas firms in the first half of 2026, a period in which Exxon and Chevron together earned $26.5 billion in the second quarter. The White House told CBS that Trump does not direct the trades and that his portfolio is managed by independent financial institutions. Trump has not placed his assets in a blind trust, and federal law does not require a US president to do so.
اویلپرایس (Oilprice.com, citing سیبیاس نیوز)
Fed Governor Lisa Cook Denounces Trump's Mortgage Fraud Claims; Lawyers Say There Is No Legal Cause to Remove Her
Lawyers for Federal Reserve Governor Lisa Cook issued a letter on Wednesday, 4 Shahrivar 1405 (August 26, 2026), offering a detailed rebuttal to the Trump administration's allegations, writing "for the second time in a year, we have explained why there is no legal basis for President Trump to remove Governor Cook for cause" and that "an inadvertent error is not fraud." According to Al Jazeera, the letter responded to an August 5 White House warning that had given Cook three weeks to respond to unproven mortgage-fraud allegations. Trump first raised the allegations in August 2025 (Mordad 1404). Under the Federal Reserve Act of 1913, Fed governors can only be removed "for cause," not for political reasons, and serve 14-year terms; in June 2026 (Khordad 1405), the US Supreme Court, in a 5-4 ruling, blocked Trump's earlier attempt to fire Fed governors at will. The standoff continues alongside Trump's sustained push for rapid Federal Reserve interest-rate cuts, a path experts warn could weaken the dollar's value if pursued too quickly.
Al Jazeera
Salesforce, CrowdStrike and Okta Beat Q2 Estimates as Shares Jump After Hours
Three US software companies, Salesforce, CrowdStrike and Okta, released second quarter fiscal 2027 results on Wednesday, August 26, 2026, all beating analyst estimates. According to Salesforce's official release, revenue reached $11.3 billion, up 11% year over year, with non-GAAP earnings per share of $5.90; the company raised its full year revenue guidance to $46.1 billion to $46.4 billion, and its shares jumped more than 12% after hours. According to CrowdStrike's official release, revenue reached $1.47 billion, up 26% year over year; the company raised its full year outlook, and its shares rose more than 11%. Per FXStreet, Okta also beat estimates with revenue of $805 million and adjusted EPS of $1.05, and its shares surged more than 18%.
FXStreet
Nvidia's Fiscal Q2 Revenue Hits $96.2 Billion as Third Quarter Outlook Also Rises
Nvidia (Nasdaq: NVDA) reported revenue of $96.2 billion for its second quarter of fiscal 2027, the period ended July 26, 2026, up 18% from the prior quarter and 106% year over year. Gross margin was 75%, and non-GAAP earnings per share came in at $2.22. Data Center revenue rose 117% year over year to $89 billion. In the results, published Wednesday, August 26, 2026, CEO Jensen Huang said AI has reached an inflection point and demand for AI infrastructure is accelerating. Nvidia guided third-quarter fiscal 2027 revenue to about $108 billion, above prior market expectations. The company returned roughly $26 billion to shareholders during the quarter through share buybacks and cash dividends.
NVIDIA Newsroom
US Fed-Preferred PCE Inflation Holds at 3.7% in July as Income and Spending Both Rise
The US Bureau of Economic Analysis (BEA) released its Personal Income and Outlays report for July on Wednesday, 4 Shahrivar 1405 (August 26, 2026). Personal income rose $115.1 billion (0.4 percent from the prior month) and personal consumption expenditures (PCE) rose $36.3 billion (0.2 percent). The PCE price index, the Federal Reserve's preferred inflation gauge, rose 0.2 percent month over month and 3.7 percent year over year in July, unchanged from June's annual reading; the core index, excluding food and energy, rose 0.2 percent monthly and 3.3 percent year over year. The personal saving rate stood at 3.0 percent in July. The PCE index is the Fed's primary reference for interest rate decisions, and its path feeds into the dollar index (DXY), global gold prices, and through them Iran's coin and currency markets.
U.S. Bureau of Economic Analysis (BEA)
Meta to Pay Up to $17.1 Billion in Landmark Child Safety Settlement With US States
Meta, the owner of Instagram and Facebook, agreed on Wednesday, 4 Shahrivar 1405 (August 26, 2026), to pay up to $17.1 billion to a coalition of state attorneys general led by New York. According to the New York Attorney General's office, the 51 state coalition settlement is the largest ever reached by that office with a single company, ending a case dating to 2023 over Meta's allegedly addictive platform design for children and teens. Under the deal, Meta must cap teen daily use at two hours, silence notifications during school hours and at night, block overnight access, and strengthen age verification tools. According to the Associated Press, the settlement covers 48 states, Washington D.C. and some U.S. territories, excluding only New Mexico, which had already won its own trial against Meta, and Florida. AP put the total figure, including a separate roughly $1 billion settlement Meta reached with Texas, at about $18 billion. Meta shares rose about 1.5 percent after the announcement.
Associated Press
Goldman Sachs Raises Coinbase Price Target to $196, Turns Bullish on Robinhood
Investment bank Goldman Sachs backed shares of crypto exchange Coinbase and trading platform Robinhood in its latest report, carried by Arzdigital on Wednesday, August 26, 2026 (4 Shahrivar 1405), despite a recent decline in crypto trading volumes. Analyst James Yaro raised Goldman's price target on Coinbase shares from $173 to $196. The bank's report said crypto trading volumes fell 30 percent in July and 21 percent in August, but a 21 percent recovery in total crypto market value to $2.8 trillion has revived hopes the slump is ending. Goldman cited Coinbase's and Robinhood's expansion into newer businesses such as prediction markets, asset tokenization and perpetual futures as reasons for its optimism; Coinbase's prediction market unit, for example, reached a $100 million annualized revenue run rate just two months after launch.
Arzdigital
JPMorgan Keeps $240 Price Target on SpaceX Stock, Implying 80 Percent Upside on Its Grok AI Push
JPMorgan kept a $240 price target on SpaceX stock in its latest report, carried by Arzdigital on Wednesday, August 26, 2026 (4 Shahrivar 1405), implying roughly 80 percent upside from the current $135 price. Analyst Doug Anmuth wrote that the main driver is not the rocket business but SpaceX's Grok AI model and its recent acquisition of the Cursor coding platform, which generates about $4 billion in annual revenue. If the forecast plays out, SpaceX's market value would cross $3 trillion. JPMorgan also flagged risks: the company's AI unit posted a $1.26 billion loss last quarter and accounted for 86 percent of capital spending; separately, on September 9 and 10 about 370 million SpaceX shares are due to unlock, which could increase the float by up to 20 percent.
Arzdigital
Nvidia Set to Report Quarterly Earnings Today; Shares Rose 2.19 Percent Ahead of the Report
Nvidia is due to report its second quarter fiscal 2027 earnings after the US market close today, Wednesday, August 26, 2026 (4 Shahrivar 1405). According to MarketBeat, Nvidia shares closed up 2.19 percent ($4.57) at $213.05 on Tuesday. In its fiscal first quarter, reported May 20, the company beat expectations with EPS of $1.87 against a consensus of $1.76 and revenue of $81.62 billion against an estimate of $78.42 billion. According to Ecoiran, Wall Street expects second quarter revenue of about $92.2 billion and adjusted EPS of about $2.09, though the outlet said the market will likely weigh Nvidia's guidance for the next quarter as heavily as this quarter's results.
MarketBeat
US Crude Inventories Post Surprise Build as Brent Slides 4% Below $88.50
The American Petroleum Institute (API) reported on Tuesday, 25 August 2026, that US crude oil inventories rose by 4.2 million barrels in the week ending August 21, well above the 1.9 million-barrel build analysts had forecast. The same week saw another 3.7 million barrels drawn from the Strategic Petroleum Reserve (SPR), bringing total SPR inventory to 289.7 million barrels, a level close to the 250 to 300 million-barrel operational minimum below which efficient pumping and processing becomes difficult. Gasoline inventories fell by 3.2 million barrels over the same period. Brent crude dropped 4.11% on Tuesday to $88.38 a barrel, nearly $3 lower on the week, while WTI fell 3.39% to $82.13. US crude production hit a record 13.83 million barrels per day in the week ending August 14.
Oilprice.com (API data)
Trump raises tariffs on Canadian autos and steel to 50 percent
According to Arzdigital, U.S. President Donald Trump announced on Monday, Shahrivar 2, 1405 (August 24, 2026), that tariffs on all Canadian cars, trucks, auto parts and steel will rise to 50 percent starting January 1, 2027. He described the move as a response to what he called Canada's unfair trade practices and its tariffs on U.S. agricultural products, claiming the U.S. runs a 60 billion dollar annual trade deficit with Canada. Trump said companies that relocate production to the United States would be exempt from the tariffs. Canada is one of the largest U.S. trading partners in autos, parts and steel, and the higher tariffs could affect North American auto supply chains and production costs.
Arzdigital
Fed's Kashkari Says Treasury Market Still Functioning Properly, but Iran War Keeps Inflation Risk Alive
According to Ecoiran, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis and one of three Fed officials who had called for a rate hike at the central bank's previous meeting, said on Monday, August 24, 2026 (2 Shahrivar 1405) that the US Treasury market is still functioning properly. He added, however, that he remains unsure inflation will return to the Fed's 2 percent target in the near term. Kashkari pointed to the Iran war and persistently high energy prices, saying these factors could intensify inflationary pressure in the US economy. The remarks came as the 10-year US Treasury yield has recently traded near its highest level in several months.
Ecoiran
US 10-Year Treasury Yield Nears Multi-Month High Despite Bessent's Buyback Plan
According to Donya-e-Eqtesad, citing Bloomberg, US Treasury Secretary Scott Bessent announced on Thursday, August 20, 2026 (29 Mordad 1405) a plan to buy back a large portion of long-term US debt, funded by increased short-term bill issuance, which he called a "Treasury twist." Long-term bond yields fell for only a single day after the announcement before resuming their climb; the 10-year yield ended that week, on Friday, August 21, at 4.73 percent, near its highest level since Bessent took office. The same report noted that one measure of US debt crossed the $40 trillion mark during the same week, while uncertainty over Federal Reserve Chair Kevin Warsh's strategy has added to investor concern. JPMorgan's rates strategy desk reported on Thursday that bond market functioning had improved so far this year.
Donya-e-Eqtesad, citing Bloomberg
Bank of America: US Oil Reserves Hit 40-50 Year Low as Strategic Reserve Coverage Falls to 40 Days
Bank of America Global Research said total US crude oil inventories, including the Strategic Petroleum Reserve (SPR), have fallen to their lowest level in 40 to 50 years, according to a Mehr News Agency report published Monday, Shahrivar 2, 1405 (August 24, 2026). Per the report, the coverage provided by US strategic reserves has dropped sharply to near a critical 40 day threshold, compared with a historical average of about 65 days. Bank of America analysts said the rapid drawdown of US strategic reserves in recent years has largely stemmed from Washington's efforts to temporarily contain energy prices and offset the effects of its energy policies. They warned that in the event of an unexpected shock to global oil supply or escalating tension in strategic energy producing regions, the United States' ability to manage the consequences would be severely limited.
Mehr News Agency, citing Bank of America Global Research
Global Markets Await Fed Chair Warsh's First Jackson Hole Address and the US PCE Inflation Data
According to Ecoiran, this week's Jackson Hole symposium will host Federal Reserve Chair Kevin Warsh for the first time since he took the role. His remarks come as long term US Treasury yields have climbed to elevated levels, prompting the Treasury Department under Secretary Scott Bessent to intervene. Investors are also awaiting the release of the US PCE inflation index, one of two key events for global markets this week. The outcome of both could influence the path of interest rates, the dollar index and global gold prices.
Ecoiran
Carney Announces Canada's Retaliatory Tariffs on the US, Effective September 8
Canadian Prime Minister Mark Carney announced in Ottawa on Saturday, August 22, 2026 (31 Mordad 1405) that Canada will impose dollar for dollar retaliatory tariffs on US steel, dairy and electronics, taking effect September 8. According to Al Jazeera, the move came after talks between the two countries broke down late Friday; the Trump administration had earlier imposed 50 percent tariffs on about 20 billion dollars of Canadian goods, including wine, furniture, dairy, cement, clothing, fishing rods and hockey equipment, equal to about 5.5 percent of Canada's total exports to the US. Carney said the United States had proposed terms during talks that were "uneconomic and unfair," and that Quebec's culture and the French language had even been "threatened." He said Canada would unveil support measures for affected industries next week, expected to last years. US Trade Representative Jamieson Greer told Fox News no new talks with Canada are planned. Al Jazeera cited a Leger poll showing 56 percent of Canadians favor a tougher approach toward the US.
Al Jazeera
US 30-Year Treasury Yield Climbs to Its Highest in Two Decades
According to an ecoiran report published Saturday (August 22), the yield on US 30-year Treasury bonds has climbed above 5.32%, a level rarely seen in more than two decades. The rise comes even as some US economic data has softened and the odds of further policy rate hikes have fallen. The report points to two main drivers: first, a wider US budget deficit and heavier bond issuance, which is pushing investors to demand higher compensation for holding long-dated debt; the term premium on 10-year US Treasuries has risen to about 0.83%, near its highest in several years. Second, large technology companies have been issuing debt at scale to fund AI-related investment, even as corporate bond spreads remain low. Ecoiran notes that the rise in yields does not necessarily signal a jump in inflation expectations, and partly reflects higher real yields and a bigger risk premium.
EcoIran
US Oil and Gas Rig Count Falls Even as Oil Prices Rise
According to Oilprice.com, citing Baker Hughes data published Friday, 30 Mordad 1405 (August 21, 2026), the total number of active US oil and gas drilling rigs for the week fell to 588, up 50 from the same period last year but down from the prior week. The number of oil rigs fell by 3 to 452, 41 more than a year earlier, while the number of gas rigs fell by 1 to 127, 5 more than a year earlier. The weekly decline came even as global oil prices have trended higher amid Strait of Hormuz constraints and escalating US sanctions on Iran, data suggesting that higher prices alone have not yet translated into more US drilling activity.
Oilprice.com
US National Debt Passes $40 Trillion for the First Time
The United States' total federal debt has passed 40 trillion dollars for the first time, deepening concerns about a fiscal crisis as government spending continues to outpace revenue. According to Al Jazeera, published Thursday, August 20, 2026 (29 Mordad 1405), the debt stood at 19.95 trillion dollars in January 2017, when Donald Trump was sworn in for his first term, and has more than doubled since then. According to the report, heavy borrowing, increased spending, and tax cuts under both Democratic and Republican administrations have long raised concerns about US fiscal sustainability. The debt milestone comes as long term US Treasury yields have been rising and US Iran tensions intensify, factors that market analysts say have helped support demand for gold as a safe haven asset.
Al Jazeera
US CFTC Chair Warns Agency Will Write Its Own Crypto Rules If Congress Stays Deadlocked
Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), told the agency's Innovation Advisory Committee that if the legislative deadlock in the US Senate over the so called Clarity Act continues, the CFTC will use its existing authority to build an independent framework for digital asset markets. According to Arzdigital, Selig said on Thursday, August 20, 2026 (29 Mordad 1405) that he has directed CFTC staff to begin drafting rules for the digital asset market structure, including registering new exchanges and overseeing existing platforms. He added that while legislation through Congress would be more durable, the Commission cannot wait, and said a clear framework would help avoid repeating the confrontational approach seen at the SEC under former chair Gary Gensler. The Clarity Act remains stalled in the Senate due to insufficient support from Democratic senators.
Arzdigital
EPA Authorizes Early Switch to Cheaper Winter Gasoline as US Pump Prices Stay Above $4 a Gallon
The US Environmental Protection Agency authorized an early switch to cheaper winter grade gasoline on Thursday, August 20, 2026 (29 Mordad 1405), Oilprice.com reported, allowing sales of 10 percent ethanol blended winter gasoline to begin September 1 rather than the usual mid September seasonal transition. The administration said ending summer blend requirements early could add hundreds of thousands of barrels per day to domestic gasoline supply and provide some relief at the pump. According to AAA data cited by Oilprice.com, average US gasoline prices have stayed above 4 dollars a gallon since mid July, about 1 dollar higher than when the Iran war began and the highest Americans have paid this late in the year. The waiver came the same day Treasury Secretary Scott Bessent announced new sanctions against Iran. The US Energy Department has said it expects elevated fuel prices to persist through year end, as Washington and Tehran have failed to reach an agreement reopening the Strait of Hormuz.
Oilprice.com
Walmart Sales Slow as US Consumers Retreat From $4-a-Gallon Fuel
US retail giant Walmart reported slowing US sales growth in its second-quarter earnings released Thursday, August 20, 2026 (29 Mordad 1405). US same-store sales rose 2.6 percent, short of the 3.8 percent forecast by analysts at LSEG, marking the slowest quarterly increase in six years. According to Al Jazeera, CFO John David Rainey told analysts that once fuel prices climb above 4 dollars there is a psychological impact on consumers, who then make trade-offs in spending. Per data from the American Automobile Association, the average price for a gallon of gasoline rose to 4.10 dollars on Thursday, up from 4.07 dollars a week earlier and 2.98 dollars when the US and Israel first struck Iran.\n\nWalmart said it now expects 2 billion dollars in incremental fuel-related costs above its original guidance. Overall quarterly revenue rose 3.4 percent, the slowest pace since the first quarter of fiscal 2023. In-store foot traffic rose 1.5 percent, down from 3 percent the previous quarter, while US e-commerce sales jumped 24 percent. Walmart cut prices on 11,000 items on Wednesday, funded in part by 2.9 billion dollars in tariff refunds it received. Per Al Jazeera, citing Reuters, Walmart shares fell as much as 9.6 percent after the report; rivals Target (net sales up 5.3 percent) and TJX (sales up 1 percent, down from 6 percent the prior quarter) reported milder pullbacks. US Commerce Department data showed retail sales fell 0.6 percent in July, the largest drop since May 2025.
Al Jazeera
US Treasury at Least Doubles Size of Long Term Bond Buybacks
The US Treasury Department said on Wednesday (US time), just two weeks after publishing its planned quarterly bond buyback calendar, that it is at least doubling the size of its liquidity support buyback operations for securities maturing in 10 to 30 years. According to Boursenews, citing Bloomberg, the change takes effect from September 9; the Treasury's earlier tentative calendar for September 9 through November 4 had shown up to 14 billion dollars in buybacks of 10 to 30 year bonds, a figure that is now at least doubling. The announcement pulled the yield on the 30 year US Treasury bond, which had risen this week to its highest level since 2007, down about 10 basis points to 5.185 percent. Treasury Secretary Scott Bessent had previously described the buyback program as one of the tools the department could use to address dysfunction in the Treasury bond market. The move came as long term bond yields rose globally this week and traders prepared for a 16 billion dollar auction of new 20 year bonds.
Boursenews, citing Bloomberg
After a Year on the Run in Fiji, Suspect in $165 Million Crypto Fraud Extradited to the US
The US Department of Justice said Edward Zimbardi, the alleged mastermind of a $165 million crypto Ponzi scheme, was extradited to the United States on August 14 (23 Mordad) after more than a year on the run in Fiji, with the cooperation of Fijian authorities, the FBI and the US State Department. According to Arzdigital, per the indictment, the 59 year old Zimbardi ran a scheme called The Crypto Program between June 2022 and August 2023, promising investors 25 percent monthly returns and deceiving thousands of them into depositing funds into wallets he secretly controlled. Prosecutors say Zimbardi lost more than $34 million of the funds in high risk foreign currency trading, used new investors' money to pay returns to earlier ones, a hallmark of Ponzi schemes, and spent at least $10 million on personal expenses including luxury cars and housing for his family. He now faces federal charges including bank fraud and money laundering.
Arzdigital, citing the US Department of Justice
US Administration Signals It Is Weighing Bitcoin Purchases at White House Crypto Summit, Progress on Hyperliquid's US Entry
The administration of US President Donald Trump, at a White House crypto summit attended by senior executives from Coinbase, Ripple, Kraken and Chainlink on the evening of Wednesday, August 19, 2026 (28 Mordad 1405), said it is examining the best structure for expanding the US strategic Bitcoin reserve beyond simply holding seized assets. According to Arzdigital, the US government currently holds about 323,693 bitcoins worth roughly $21.2 billion. At the same meeting, Trump called on Congress to pass a fair version of the CLARITY Act, which would set the regulatory framework for the crypto market; the bill's final Senate vote is scheduled for September 15 and requires 60 votes to pass. Trump also said the Commodity Futures Trading Commission (CFTC) is preparing a path for exchange Hyperliquid to enter the US market, an announcement that sent the HYPE token up 15 percent to about $69.
Arzdigital
Wells Fargo Cuts Its 2026 Gold Price Forecast for the Third Time
Investment firm Wells Fargo has cut its gold price forecast for the third time in 2026. According to Arzdigital, the firm now expects gold to trade between $4,900 and $5,100 an ounce by year end, down from its previous forecast of $5,300 to $5,500. Its 2027 target was also cut, to $5,400 to $5,600 from $5,800 to $6,000. In February 2026, Wells Fargo had set a 2026 target of $6,100 to $6,300, expecting Federal Reserve rate cuts and continued central bank buying to support gold, but the Fed did not cut rates and central bank gold purchases slowed. Gold, which hit a record near $5,594 in January, has corrected in the months since, trading around $4,397 on August 18 (27 Mordad). Wells Fargo cited rising US Treasury yields, a stronger dollar, profit taking after the earlier sharp rally, outflows from gold ETFs, expectations of tighter Fed policy, and temporary selling by some central banks as the main drivers of the correction. Even so, the firm's new target remains above gold's current global market price.
Arzdigital
White House Hosts Coinbase, Ripple and Kraken Executives Tonight
According to Arzdigital, US President Donald Trump is hosting senior executives from Coinbase, Ripple, Kraken, Chainlink and several other major crypto firms on the evening of Wednesday, August 19, 2026 (28 Mordad 1405) at the Eisenhower Executive Office Building within the White House complex. Official details of the meeting's outcome are expected after 2:30 pm Eastern time (about 10:00 pm Tehran time). The meeting comes as the CLARITY Act, which would define regulatory jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over digital assets, remains stalled in the US Senate. Polymarket data shows the probability of the bill passing by the end of 2026 has fallen to about 20 percent, while Congress remains on its August recess and a key procedural vote is not expected until mid September. The meeting precedes the first session of the CFTC's Innovation Advisory Committee on Thursday, August 20, from 1 pm to 5 pm Eastern time, a 35 member panel that includes Coinbase, Ripple, Chainlink, Kalshi, CME Group and Intercontinental Exchange, with its main agenda titled Crypto Regulatory Transformation: From Ambiguity to Clarity.
Arzdigital
Fed: Rate Hike on the Table if Inflation Fails to Cool
According to the minutes of the US Federal Reserve's July meeting, released on Wednesday, August 19, 2026 (28 Mordad 1405), most Fed officials supported raising interest rates if inflation fails to cool. According to Arzdigital, three members of the Federal Open Market Committee, Beth Hammack, Neel Kashkari and Lorie Logan, dissented against holding rates steady at that meeting and called for an immediate quarter point hike. Fed Chair Kevin Warsh said the September rate decision will depend on developments in the Middle East and two more inflation reports. Markets now expect one to two rate hikes by the end of 2026, the report said, reversing earlier expectations of rate cuts. The main driver of the shift is described as the energy price shock stemming from tensions with Iran, which has changed the market's outlook from rate cuts to hikes.
Arzdigital
Citibank Formally Enters Crypto Market With Launch of Custody+ Platform
Citibank unveiled its new Custody+ platform on Tuesday, August 18, 2026 (27 Mordad 1405), according to Arzdigital, confirming plans to launch digital asset custody services for institutional clients by the end of 2026. The service will initially support only bitcoin and will run on the bank's shared digital asset architecture, allowing clients to manage traditional securities and cryptocurrency within a single framework. Chris Cox, Citibank's head of investor services, said in a press statement that Custody+ is part of the bank's roughly $2 billion in annual investment in its platform strategy. Arzdigital also reported that Citibank is developing tokenization of traditional assets and projects the tokenized securities market could reach $5.5 trillion by 2030.
Arzdigital
US SEC Proposes New Regulatory Framework for the Crypto Market
According to Arzdigital, published Tuesday, August 18, 2026 (27 Mordad 1405) at 23:12 Tehran time, the US Securities and Exchange Commission formally put forward a new set of proposed rules aimed at creating a clear regulatory framework for the digital asset market. The proposal is designed to define the legal status of digital assets, clarify requirements for token offerings, and create clearer legal pathways for companies and crypto projects to operate. Per the report, the proposed rules could redefine registration, fundraising, custody and trading requirements for digital assets and reduce some of the multi year regulatory ambiguity facing the industry. The rules are not yet final, however, and must go through a public comment period, further review and a final commission vote before taking effect.
Arzdigital
White House Accuses More Than 40 Countries, Including China, the EU and Japan, of Helping Dodge US Tariffs
According to Al Jazeera, reported on Tuesday, 18 August 2026 (27 Mordad 1405), the White House's Office of Trade and Manufacturing Policy said in a report published Thursday, 13 August (22 Mordad) that more than 40 countries have taken part in a shadow logistics network that funnels Chinese goods into the United States under false labeling, costing the US government tens of billions of dollars in annual revenue. The report named the European Union, Mexico, Canada, India, Japan and South Korea as China's biggest enablers, and said Indonesia, Thailand, Malaysia and Cambodia also play an important role. Per the report, the electrical equipment, integrated circuit, aluminum product and motor component sectors have been hit hardest by the transshipments. The trade policy office, headed by Peter Navarro, warned that countries involved in the network are being put on notice, and said US border authorities are using artificial intelligence to strengthen enforcement. China's embassy in Washington had not responded to the report as of this writing.
Al Jazeera
Cost of Insuring US Tech Giants' Debt Rises Amid the AI Infrastructure Race
According to a report carried by Ecoiran on Tuesday, 18 August 2026 (27 Mordad 1405), citing Bloomberg data and research from Bank of America, the credit default swap (CDS) spread on debt issued by US hyperscaler companies, including Amazon, Microsoft, Alphabet, Meta and Oracle, has risen noticeably since the start of this calendar year to about 70 basis points, above the average for US companies rated Investment Grade. The report said the companies' massive spending on data centers and AI chips has strained their free cash flow, prompting debt markets to demand higher returns for taking on that credit risk. Bank of America projects the forward 12 month free cash flow of major chipmakers could reach about 430 billion dollars, while the hyperscalers' combined free cash flow has moved toward zero.
Ecoiran, citing Bloomberg and Bank of America
Three US Economic Data Points Strengthen the Case for a Fed Rate Hold in September
According to Ecoiran, three major US economic data points released over the past three days have given a fresh picture of the Federal Reserve's policy path, currently reinforcing the case for holding rates steady at the September meeting. July consumer inflation came in below market expectations, with core inflation up 0.2 percent month on month, taking annual core inflation to 2.5 percent and headline inflation to 3.4 percent. A day later, the producer price index was unchanged month on month in July, with the annual rate easing to 4.7 percent from 5.5 percent in June. By contrast, July retail sales fell 0.6 percent, against a market expectation of 0.1 percent growth. Based on the same three data points, Goldman Sachs, in a note reported by Arzdigital, said its base case is now for the Fed to hold rates steady in September. Jan Hatzius, Goldman Sachs's chief economist, cited weak retail sales and employment data alongside easing inflation as the main reasons behind the forecast. Per CME FedWatch data, traders now price just a 30.6 percent probability of a 25 basis point Fed rate hike in September.
Ecoiran
JPMorgan Quietly Cut Banking Ties With Polymarket Since Last October; US DOJ Probes Crypto Client Debanking
According to ArzDigital, citing the Financial Times, JPMorgan cut its banking relationship with prediction market platform Polymarket last October, a move now referred to as debanking that has only recently come to light. The decision followed the CFTC's earlier enforcement action against Polymarket for operating without a license. Polymarket, however, still maintains ties to some of the bank's units for operations and client fund flow management, and JPMorgan could in the future act as an underwriter for the platform's IPO, at a possible valuation of $15 billion. The disclosure comes as the US Department of Justice investigates nine major banks, including JPMorgan, over allegations they unfairly closed customer accounts in sectors such as crypto for political or regulatory reasons.
ArzDigital, citing Financial Times
Trump to Host Ripple, Coinbase and Kraken Executives at the White House on August 19
According to ArzDigital, US President Donald Trump will host senior executives from major crypto firms including Coinbase, Ripple and Kraken at the White House's Eisenhower Executive Office Building on Wednesday, August 19, 2026 (28 Mordad 1405). The meeting opens a packed week of regulatory talks in Washington. SEC Chair Paul Atkins and CFTC's Mike Selig are also expected to attend, alongside representatives from the New York Stock Exchange, Nasdaq, Chainlink and Robinhood. The gathering serves as a prelude to the CFTC's first Crypto Innovation Advisory Committee session, titled Evolving Crypto Oversight. The fate of the CLARITY Act, which would set the US regulatory framework for digital assets, remains undecided, with a vote now expected in September.
ArzDigital
US and Canada Near Tariff Deal Ahead of Wednesday Deadline
According to Iran's official news agency IRNA, carried by Donya-e-Eqtesad on Saturday, August 15, 2026 (24 Mordad 1405), the United States and Canada are trying to reach a deal before the Wednesday morning deadline that would avert 50 percent tariffs from Donald Trump's administration on some Canadian goods, including hockey sticks and cement. According to the Washington Post, cited in the same report, details have not been finalized, but the two sides have moved close to a general framework that could include Canadian tariff concessions along with commitments on energy, defense cooperation and critical minerals supply. The report said that in exchange, the US would halt new tariffs known as "Section 338" and reduce existing tariffs on Canadian steel and aluminum; the Section 338 tariffs were set to apply to about 5 percent of Canada's 382 billion dollars in exports to the US. Canadian Prime Minister Mark Carney had previously said that if the new tariffs took effect, all retaliatory options would be on the table.
Donya-e-Eqtesad, citing IRNA and The Washington Post
Tokenization Stocks Fall After US SEC Again Delays Crypto Securities Exemption
Shares of tokenization focused companies including Bullish, Coinbase and Circle fell on Friday, August 14, 2026 (23 Mordad 1405), after the US Securities and Exchange Commission again delayed its planned "innovation exemption" for tokenized securities and canceled a scheduled meeting on proposed crypto offering rules. According to CoinDesk, Bullish shares fell about 8 percent and Circle dropped nearly 4 percent, while Uniswap's UNI token fell 7 percent, the biggest loser on the CoinDesk 20 index. Owen Lau, managing director and senior analyst at Clear Street, called the delay a temporary "speed bump" for tokenization rather than the end of the trend, noting that traditional exchanges including Nasdaq and the New York Stock Exchange are still building infrastructure for round the clock trading.
CoinDesk
US Bank Regulator Grants Trump Linked World Liberty a Conditional Bank Charter
The US Office of the Comptroller of the Currency (OCC) said on Friday, August 14, 2026 (23 Mordad 1405), that it has granted World Liberty Trust Company, a venture tied to the Trump family, "preliminary conditional approval" to operate as a national trust bank. According to CoinDesk, the OCC's letter said World Liberty Trust will take over issuance of the dollar backed USD1 stablecoin from BitGo and provide digital asset custody services to institutional clients. Final approval is contingent on the company meeting additional preopening requirements. World Liberty filed its charter application in January this year and faced opposition from Democratic lawmakers, including Senator Elizabeth Warren, over its ties to President Donald Trump, who appoints the regulators overseeing agencies such as the OCC. After the approval was announced, Warren and several other senators said they would introduce a bill to bar senior government officials from owning or controlling a bank.
CoinDesk
Fitch Forecasts US Government Debt to Exceed 120% of GDP by 2028
According to Bourse News, credit rating agency Fitch said in a report that the US government's debt burden continues to rise and will reach 123 percent of GDP by the end of 2028, up from about 117 percent at the end of 2025. Fitch said this level is more than double the average for countries rated "AA" and that the US government has not taken meaningful action to address its large fiscal deficits. The report said the US general government deficit is projected to reach 7.4 percent of GDP in 2026 and remain there in 2027, the highest among "AA"-rated sovereigns. Fitch estimated the US will hit its statutory debt ceiling of $41.1 trillion by mid-2027, but affirmed the country's long-term foreign-currency issuer rating at "AA+" with a stable outlook.
Bourse News, citing Fitch Ratings
US Budget Deficit Jumped 48 Percent in July to a Five Year High
The US Treasury Department said on Wednesday, August 12, 2026 (21 Mordad 1405), according to Bourse News, that the federal budget deficit reached 432.3 billion dollars in July, about 48 percent higher than a year earlier and the largest monthly shortfall since March 2021. The report said a sharp rise in Medicare program costs and continued pressure from federal debt interest payments were the main drivers; Medicare spending reached 174 billion dollars in July, up from 103 billion dollars in June. The cumulative deficit for the first ten months of the current fiscal year reached nearly 1.8 trillion dollars, exceeding the total for the same period in 2025. Net interest costs on US debt over the same period reached 931 billion dollars, compared with 1.01 trillion dollars a year earlier. Refunds of tariffs the US Supreme Court had ruled unlawful added another 33 billion dollars to July's budget pressure.
Bourse News
US Customs Has Refunded $100 Billion in Tariffs Struck Down by the Supreme Court
According to Al Jazeera, in a report published Friday, August 14, 2026 (23 Mordad 1405), the US Customs and Border Protection agency (CBP) disclosed in a Tuesday court filing with the US Court of International Trade that it has refunded more than three quarters of the $128.68 billion in tariff revenue identified as certified and potential refunds, a figure of nearly $100 billion. Brandon Lord, CBP's executive director of trade policy and programs, said in the filing that the agency's accounting system regularly receives updates from the Treasury showing the certified refunds are being distributed. The refunds began after the US Supreme Court ruled 6 to 3 in February 2026 that President Trump exceeded his authority by invoking the 1977 International Emergency Economic Powers Act (IEEPA) to impose tariffs on Canada, Mexico, China and more than 90 other countries. The ruling did not strike down tariffs imposed under the 1962 Trade Expansion Act, including those on steel, automobiles and copper. The US Court of International Trade separately ruled in March that companies affected by the invalidated tariffs should be reimbursed.
Al Jazeera
Wall Street Journal Seeks Dismissal of Binance Defamation Suit Over Iran Sanctions Reporting
According to Arzdigital, in a report published Friday, August 14, 2026 (23 Mordad 1405), lawyers for the Wall Street Journal asked federal Judge Paul Engelmayer to dismiss a defamation lawsuit filed against the newspaper by crypto exchange Binance. The case stems from Wall Street Journal reports alleging that Binance undermined its own internal compliance efforts and allowed more than one billion dollars in transactions tied to Iran sanctioned entities. Katherine Bolger, the newspaper's attorney, told the court that Binance has not disputed the underlying facts of the reporting and objects only to how it was framed. Christopher Lavigne, Binance's attorney, countered that the Wall Street Journal presented a misleading account that falsely suggested the exchange had halted its internal investigation. Binance has said the investigation continued after the employees in question left and that suspicious accounts were frozen. Judge Engelmayer, after hearing arguments from both sides, deferred a final ruling on whether to dismiss the case. Binance previously settled a separate case with US authorities in 2023 over anti money laundering and sanctions violations, paying a 4.3 billion dollar penalty.
Arzdigital
US Imposes 100% Tariff on Larger Drone Imports, Mainly Targeting China
According to Khabaronline, citing Tasnim News Agency, the United States government said President Donald Trump has signed an order imposing tariffs on drone imports and their components. Under the order, announced Thursday, August 13, 2026 (22 Mordad 1405), drones above a certain size or with specific safety capabilities will face a 100 percent tariff on their value, while smaller models without those features will face a 25 percent tariff. The US government said the aim is to boost domestic drone production and reduce dependence on foreign supply chains. Most of the tariffs take effect September 3, 2026, and mainly target China; Chinese company DJI, founded in 2006, controls nearly two thirds of the global drone market. Drone imports and components from the European Union, Japan, Liechtenstein, South Korea, Switzerland and Taiwan will face a 15 percent tariff, and imports from the United Kingdom a 10 percent tariff, taking effect 21 days after the related agreements are signed. Less security sensitive components are given a 180 day grace period. Ahead of the decision, US Commerce Secretary Howard Lutnick had conducted an investigation into national security risks from drone imports from certain foreign companies.
Khabaronline, citing Tasnim
US Vice President: Keeping Gasoline Cheap Amid Iran War Is the Administration's Top Priority
US Vice President JD Vance said in a Fox News interview aired Thursday evening, August 13, 2026 (22 Mordad 1405), that keeping gasoline and gas prices cheap for American citizens amid the war with Iran is the administration's top priority. According to Oilprice.com, he said: "I know that oil is down today and it's way down from the highs in the early days of the conflict... That's goal number one, keep oil and gas cheap for Americans all over our country," naming preventing Iran from obtaining a nuclear weapon as the second goal. The remarks came hours before the United States said it could keep its naval blockade of Iranian oil exports in place "indefinitely." According to the report, the US national average gasoline price remains above $4 a gallon, and Patrick De Haan, head of petroleum analysis at GasBuddy, said this is the most expensive August for the US national gasoline average since 2008.
Oilprice.com
Goldman Sachs Vice Chairman Backs Fed's Decision to Hold Rates Steady in July
Robert Kaplan, Goldman Sachs vice chairman and former president of the Dallas Federal Reserve, said in a Bloomberg Television interview broadcast Wednesday, August 12, 2026 (21 Mordad 1405), that he backed the Federal Reserve's decision to hold interest rates at 3.50 to 3.75 percent in July, a decision made on a 9 to 3 vote of the Federal Open Market Committee. He said policymakers should review fresh inflation and labor market data without a predetermined stance ahead of the September 15 and 16 meeting. According to Arzdigital, Kaplan pointed to softer US inflation data, with the July consumer price index up 0.1 percent month on month, bringing annual inflation down to 3.4 percent from 3.5 percent. He added that tariffs, labor market constraints, elevated oil prices and AI related investment could keep inflationary pressure elevated in the near term. Prediction market data showed traders pricing in about a 67 percent chance the Fed holds rates steady at the September meeting.
Arzdigital
S&P 500 Crosses 7,800 for the First Time
The S&P 500 closed at a fresh record of 7,798.99 on Thursday, August 13, 2026 (22 Mordad 1405), up 0.65 percent, crossing the 7,800 mark for the first time in its history. The Nasdaq Composite rose 0.81 percent to 26,803.03, while the Dow Jones Industrial Average added 0.13 percent, or 69.72 points, to close at 53,839.99. According to CNBC, the rally followed a softer than expected US producer price index (PPI) reading for July, which, alongside Wednesday's consumer price index (CPI) report, reduced the odds of another Federal Reserve rate hike at the September meeting. A simultaneous decline in global oil prices also helped lift trader sentiment.
CNBC
US SEC Postpones Meeting on New Crypto Rule 'Reg Crypto' Without Setting a New Date
The US Securities and Exchange Commission (SEC) said in an end of day statement on Thursday, August 13, 2026 (22 Mordad 1405), that it is postponing this week's Friday meeting, at which it had planned to unveil its first major digital assets rulemaking, known as Reg Crypto, to a later, unspecified date, citing an unforeseen scheduling issue. According to CoinDesk, the rule was expected to create a limited framework for issuing crypto securities without triggering full SEC registration requirements. SEC Chairman Paul Atkins had previously described the rulemaking as a central piece of his digital assets regulatory plan. CoinDesk reported that a parallel effort, the innovation exemption for tokenizing securities, is also likely to be delayed. The US crypto industry is meanwhile watching the fate of the Digital Asset Market Clarity Act in the Senate, whose progress also remains uncertain; the upshot of the delays is continued regulatory ambiguity for crypto market participants, including traders of the USDT stablecoin in non-US markets such as Iran.
CoinDesk
US Energy Department Boosts Funding for X-Energy Nuclear Reactor to $2.15 Billion
According to Oilprice.com, in a report published Thursday, 22 Mordad 1405 (August 13, 2026), the US Department of Energy said it is allocating another $1 billion to X-energy for its joint nuclear reactor project with Dow in Texas, bringing total federal funding available for the project since 2021 to as much as $2.15 billion. X-energy CEO Clay Sell said Thursday the DOE informed the company of the additional funding through the Advanced Reactor Demonstration Program, and that, like the original award, it carries a 50/50 cost share requirement with private funding. According to the report, X-energy and Dow plan to deploy the technology at Dow's Seadrift petrochemical complex in Texas, where the reactors would replace existing energy and steam units to provide electricity and industrial steam. Sell said the project is expected to become the first grid scale advanced nuclear reactor deployed to serve an industrial site in North America, with operation targeted for the early 2030s.
Oilprice.com
Richmond Fed President Barkin: Whether a Rate Hike Is Needed for the Inflation Target Remains an Open Question
Tom Barkin, president of the Federal Reserve Bank of Richmond, said on Thursday, August 13, 2026 (22 Mordad 1405), in remarks in Greenville, South Carolina, reported by Reuters, that it remains unclear whether the US Federal Reserve will need to raise interest rates to bring inflation back to its 2 percent target. He cited several reasons to think price pressures could ease on their own. The comments came a day after US producer price index data showed annual producer inflation eased to 4.7 percent in July, down from 5.5 percent in June. The Fed's policy rate is a key variable driving the dollar and global gold, both of which anchor domestic dollar and gold pricing in Iran's market.
Reuters, citing Reuters, via Kitco News
US Producer Inflation Eases to 4.7 Percent in July; Wall Street Gains, Gold and Silver Retreat
The US Bureau of Labor Statistics said on Thursday, August 13, 2026 (22 Mordad 1405), that producer price inflation (PPI) rose 4.7 percent year on year in July, down from 5.5 percent in June and below market expectations, with no increase on a monthly basis. Core producer inflation, which excludes food and energy, rose 4.2 percent annually and 0.2 percent monthly. The report followed encouraging US consumer inflation data released a day earlier and renewed investor hopes that price pressures are easing. The S&P 500 rose 0.5 percent to 7,788 and the Nasdaq gained 0.8 percent to 29,990, while the two year Treasury yield fell 36 basis points to 4.140 percent. Sahmino's own pricing data showed spot gold slipping nearly 1 percent to about 4,369 dollars an ounce and silver easing a similar amount to about 64.7 dollars an ounce.
Ecoiran
Trump Administration Has Refunded About $100 Billion in Tariffs Struck Down by Supreme Court
US Customs and Border Protection (CBP) disclosed in a court filing submitted Tuesday, 20 Mordad 1405 (August 11, 2026), to the US Court of International Trade that it has refunded about $100 billion in tariffs to importers since the Supreme Court ruled against the Trump administration's use of emergency powers to impose the duties. Brandon Lord, CBP's executive director of trade policy and programs, said in the filing that more than three quarters of $128.68 billion in tariff revenue earmarked as "certified or potential refunds" has now been disbursed. The US Supreme Court ruled 6-3 in February 2026 that Trump exceeded his authority by invoking the 1977 International Emergency Economic Powers Act to impose fentanyl-related tariffs on Canada, Mexico and China and broader "reciprocal" tariffs on more than 90 countries. The government had collected about $166 billion from importers before the ruling. The decision left intact tariffs imposed under the 1962 Trade Expansion Act on goods including steel, automobiles and copper. The administration has continued imposing new tariffs since the ruling, announcing 10 to 12.5 percent levies on imports from dozens of countries last month, a move that 25 US states including New York and California challenged in court on Monday.
Al Jazeera
Fed September Rate Hike Odds Ease as US Core Inflation Cools to 2.5% in July
According to a Bloomberg report carried by Ecoiran on Wednesday, August 12, 2026 (21 Mordad 1405), the US consumer price index excluding food and energy (core inflation) rose 0.2% month on month and 2.5% year on year in July. The headline consumer price index rose 0.1% month on month and 3.4% year on year in the same month, a figure also confirmed by Trading Economics citing the US Bureau of Labor Statistics. Following the report, US stocks rose at the open and Treasury yields fell, as traders priced in a lower probability of a rate hike at the Federal Reserve's September 15 to 16 meeting. Bloomberg said the energy price shock from the Iran war is also easing, with energy prices falling for a second straight month, though prices for computer software and equipment are still rising fast. Ahead of the September meeting, the Fed will also weigh fresh inflation and labor market data, along with remarks by Fed Chair Kevin Warsh at the Jackson Hole symposium.
Ecoiran, citing Bloomberg
Third Gulf of Mexico Lease Sale Held as Trump Administration Puts 81 Million Acres Up for Auction
The US Interior Department put more than 81 million acres of Gulf of Mexico oil and gas blocks up for auction on Wednesday, August 12, 2026 (21 Mordad 1405), the third of 30 Gulf lease sales mandated under the Trump administration's 2025 tax and spending law. According to Oilprice.com, it is the second Gulf sale since the US Israeli war with Iran began in February 2026, which disrupted Middle East crude supplies and pushed oil prices to four year highs; Brent crude was trading above $89 a barrel on Wednesday. Despite the large area on offer, only 12 companies submitted 69 bids covering about 330,000 acres, roughly 0.4% of the total acreage offered. The previous auction in March drew $46.98 million in high bids for 25 blocks, down from $300.4 million in bids at the first sale in December. The Gulf accounts for roughly 15% of US oil production, but Oilprice.com noted the auction will do little to immediately offset the supply disruption from the Iran war, since offshore projects require heavy upfront capital and long lead times.
Oilprice.com
US Crude Inventories Rise by 9 Million Barrels Against Forecasts as Brent Nears $89
The American Petroleum Institute (API) said in a report published Tuesday, August 11, 2026 (20 Mordad 1405), that US crude oil inventories rose by 9.072 million barrels in the week ending August 7 (16 Mordad), against analyst expectations for a 500,000 barrel draw. Strategic Petroleum Reserve stocks fell a further 6.1 million barrels the same week to 298.7 million barrels. US crude production for the week ending July 31 (9 Mordad) rose to 13.804 million barrels a day, up about 600,000 barrels a day from a year earlier. According to the report, at 3:57pm US Eastern time on Tuesday, Brent crude was trading up 1.55 percent at $89.08 a barrel and WTI up 1.42 percent at $84.22, with Brent up nearly $10 a barrel from a week earlier.
Oilprice.com, citing موسسه نفت آمریکا
BlackRock Calls Asset Tokenization the Next Generation of Financial Markets
According to a report by Arzdigital published Tuesday, August 11, 2026 (20 Mordad 1405), asset manager BlackRock, which oversees more than $15 trillion in assets, described asset tokenization as the "next generation" of financial markets. The firm said blockchain technology could transform how traditional assets such as stocks and bonds are traded, settled and owned. BlackRock executives have said tokenization can increase market liquidity and lower transaction costs. The comments follow the firm's active push into digital assets in recent years, including the launch of its Bitcoin exchange traded funds.
Arzdigital
Strategy's CEO Says Company Will Resume Bitcoin Purchases After a Seven Week Pause
According to a report by Arzdigital published Tuesday, August 11, 2026 (20 Mordad 1405), Strategy CEO Phong Le said the company plans to resume Bitcoin purchases later this calendar year after a seven week pause. Strategy, one of the world's largest corporate holders of Bitcoin, has made large scale purchases of the cryptocurrency a central part of its financial strategy in recent years. The seven week halt had drawn attention from market participants, but the CEO said the pause was temporary. No details on the exact timing or size of the company's next purchases have been released yet.
Arzdigital
Bitcoin ETFs See $144.7 Million in Single-Day Outflows, Ending a Five-Day Inflow Streak
According to Arzdigital, US spot Bitcoin exchange-traded funds saw a net outflow of $144.67 million on Monday, August 10, 2026 (19 Mordad 1405), the first trading day of the new week, ending a five-day streak of net inflows into the funds. The report said BlackRock's IBIT fund led outflows with $53.56 million, followed by Grayscale's GBTC fund with $52.02 million. Ether ETFs also began the day with $14.59 million in outflows, most of it from BlackRock's ETHA fund at $23.77 million in outflows, though total Ether ETF net assets held at $10.50 billion. By contrast, Solana ETFs drew $8.83 million in new capital and Hyperliquid-linked funds drew $2.74 million, the best performers among altcoin products.
ArzDigital
Goldman Sachs: Fed to Hold Rates Steady This Year, Against Markets' Over 80 Percent Pricing for a Hike
According to Ecoiran, Goldman Sachs chief US economist David Mericle said in an analysis published by Tuesday, August 11, 2026 (20 Mordad 1405) that the bank continues to believe the US Federal Reserve will hold interest rates steady for the rest of this calendar year, even as the FedWatch tool shows markets now pricing an over 80 percent probability of at least one rate hike by year end. Mericle said June inflation data showed a marked easing in price pressures, and if core inflation continues its downward trend, another rate increase will not be needed. He added that Fed Chair Kevin Warsh's tone after the central bank's latest meeting was milder than expected. The analysis comes as the recent jump in oil prices has left part of the market concerned about a revival of inflationary pressure and the need for a rate increase.
Ecoiran
Wall Street Journal: Trump Tells Advisers He Prefers Not to Order More Strikes on Iran
According to Donya e Eqtesad, citing a Wall Street Journal report published Tuesday, August 11, 2026 (20 Mordad 1405), US President Donald Trump has told his advisers he prefers not to order further military strikes on Iran for now. The report said Trump's advisers have presented him with data on the impact of existing sanctions on Iran's economy to encourage a strategy of intensifying sanctions pressure rather than additional military action. The report comes amid continued uncertainty over the fate of US Iran negotiations and the future of the Strait of Hormuz, and could weigh on the short term outlook for Iranian markets, including currency, gold and equities.
Donya-e-Eqtesad, citing The Wall Street Journal
Strategy's dollar reserves hit record $4.65bn, a five fold jump in 2.5 months
Strategy, formerly MicroStrategy, said its US dollar reserves have jumped five fold over the past 2.5 months to a record $4.65 billion. According to Arzdigital, the reserve rose from $871 million in late May, adding $3.8 billion to reach its current level. Over the same period, Strategy sold 1,690 bitcoin worth $108.6 million, with the proceeds used to repurchase more than 1.1 million shares of its common stock, ticker STRC. Strategy CEO Phong Le said in a post on X that the company's dollar reserves and cash runway are now at an all time high. Under the firm's digital credit capital framework, Strategy is required to hold at least 12 months of interest expenses and preferred dividends in cash.
Arzdigital
Trump Media reports $238.1m Q2 net loss as bitcoin treasury reaches 14,139 BTC
Trump Media and Technology Group, operator of Truth Social, reported a net loss of $238.1 million for the second quarter of 2026 in a filing submitted to the US Securities and Exchange Commission on Monday, August 10, 2026 (19 Mordad 1405), against revenue of just $1.7 million. According to Al Jazeera and Arzdigital, most of the loss came from $190.4 million in unrealized losses on digital assets and equity securities. Quarterly revenue rose 89 percent year over year. As of July 31, TMTG held about 14,139 bitcoin in its treasury, worth approximately $890.5 million. Shares of the company, which trade under the Nasdaq ticker DJT, closed down 8 percent on Monday.
Al Jazeera
Trump: We are negotiating with Iran; Iranians are very cunning, shrewd negotiators
US President Donald Trump said in an interview with Real America's Voice on Monday, August 10, 2026 (19 Mordad 1405), that he was in the process of negotiating with Iran, describing Iranian negotiators as very cunning and shrewd. He added that Iranians sometimes agree to something and then tell the media they never did. According to Mehr News Agency, the remarks came as disrupted shipping through the Strait of Hormuz and rising global prices continue to keep public pressure on the US administration high. A day earlier, Trump had claimed the Strait of Hormuz was currently open and that a large number of vessels were passing through it.
EcoIran, citing Mehr News Agency
Grayscale Withdraws Its Cardano, Polkadot and Hedera ETF Filings From SEC Review
According to Arzdigital, published Monday, 10 August 2026 (19 Mordad 1405), asset manager Grayscale has formally withdrawn its applications to list exchange traded funds (ETFs) based on the cryptocurrencies Cardano (ADA), Polkadot (DOT) and Hedera (HBAR) from the US Securities and Exchange Commission's review process. The unexpected move comes after considerable speculation that the funds could be approved. With the filings withdrawn, the direct route for these three assets into the US ETF market is halted for now. Analysts say the SEC's strict regulatory environment may be among the main reasons behind Grayscale's strategic decision.
Arzdigital
Spot Bitcoin ETFs Post Best Week Since April With Over $853 Million in Inflows
According to CoinDesk, published Sunday, 9 August 2026 (18 Mordad 1405) and corroborated the next day by Arzdigital, spot Bitcoin ETFs recorded net inflows of more than $853 million in the week through that date, their strongest week since mid April. BlackRock's IBIT fund took the largest share of the inflows. The rebound ended an outflow streak that had begun in June and early July. Ether ETFs also drew $244 million in net inflows, a figure that outpaces Bitcoin's relative to each asset's market size. The main driver was a weaker than expected US jobs report for July (a loss of 23,000 jobs against expectations of 80,000 new jobs), which strengthened the odds of a Federal Reserve rate cut at its September meeting. Analyst Tyler Warner said the return of inflows is an important signal for identifying a bottom in the recent bear market, even though bitcoin and ether prices rose only about 2 percent over the same week.
Arzdigital, citing CoinDesk
S&P 500 Tops 7,700 for the First Time as Hormuz Deal Hopes and Corporate Earnings Lift Wall Street to Record Highs
The S&P 500, the benchmark US stock index, rose 1.8 percent on Monday, 19 Mordad 1405 (August 10, 2026), to top 7,700 points for the first time, surpassing its previous record of 7,620.90, according to Al Jazeera. The Dow Jones Industrial Average set a record for a second straight session, climbing 1.7 percent to 54,085.88. Palantir Technologies shares jumped 29.5 percent after forecast beating second quarter revenue of 1.94 billion dollars, leading the gains. Al Jazeera attributed the rally to growing hopes for a deal to reopen the Strait of Hormuz and a wave of strong corporate earnings. US Secretary of State Marco Rubio said no agreement had yet been reached but that he expected one very shortly. US Treasury Secretary Scott Bessent said a deal could come within days. Iranian Foreign Ministry spokesperson Esmaeil Baghaei described talks with Oman on safe shipping routes through the strait as positive. Brent crude, which had earlier fallen about 5 percent, edged back up on Monday.
Al Jazeera
Strategy Sells Another 1,638 Bitcoin Worth $104.7 Million, SEC Filing Shows
A filing by Strategy Inc (formerly MicroStrategy) with the US Securities and Exchange Commission shows the company sold about 1,638 bitcoin worth roughly $104.7 million between July 27 and August 2, 2026. According to CoinDesk and Arzdigital, this was Strategy's fourth bitcoin sale since June, a period in which the company, long known for continuous bitcoin buying, has recorded no new purchases. Strategy's average bitcoin purchase price is estimated at about $75,419, which leaves part of its holdings at an unrealized loss at current market prices. Strategy chairman Michael Saylor posted a chart of the company's bitcoin holdings on X on Sunday with only the words "Doing Business," fueling speculation over whether the selling trend will continue.
Arzdigital
Coinbase Halts Trading of Five Tokens; Withdrawals Remain Available
US exchange Coinbase halted trading support for five tokens, IDEX, Loopring (LRC), Omni Network (OMNI), Pirate Chain (PIRATE) and Stafi (FIS), across all its platforms, including Advanced Trade, effective August 8, 2026 (17 Mordad 1405). The move follows a one-month notice period for users. Coinbase said user access to holdings will not be cut off, and users can still withdraw balances of these tokens to external wallets. The exchange did not cite a specific reason for delisting any single token but said in an official statement that it regularly reviews listed assets to ensure continued compliance with its listing standards.
ArzDigital
US Crypto Clarity Act Stalls in Senate Despite $225 Million Industry Lobbying Push
US senators will leave Washington without a vote on the Digital Asset Market Clarity Act, the first comprehensive US regulatory framework for cryptocurrencies, Donya-e-Eqtesad reported, citing the Financial Times. The crypto industry has spent more than $225 million to influence Washington since the start of Donald Trump's second term, comprising over $185 million in political contributions plus more than $40 million in direct lobbying, based on Federal Election Commission filings cited by the Financial Times. CoinDesk reported the same day that Senate Majority Leader John Thune has said a vote will now take place in September. Some Republican senators oppose the bill over bank concerns that customers could shift deposits into crypto accounts for higher yields, while Democratic senators have used it as leverage to press Trump to divest his personal crypto ventures; Trump earned more than $1 billion from crypto companies, including his own memecoin, in 2025.
Donya-e-Eqtesad, citing Financial Times
US CFTC Warns Prediction Markets Against Displaying Prices in Gambling Style Odds
The US Commodity Futures Trading Commission (CFTC), in an official release numbered 9278-26 on Friday, 16 Mordad 1405 (7 August 2026), reminded entities it regulates in the event contract market of their obligation to display clear and accurate pricing information and avoid misleading consumers. The Commission's Division of Market Oversight and Market Participants Division warned that displaying prices in the American odds format used by casino style bookmakers risks misleading users about the true nature of the transaction. Arzdigital, citing Bloomberg, reported that the warning comes amid a legal dispute between the CFTC and US state regulators; New York has separately sued the prediction market platform Kalshi seeking a 36 billion dollar penalty, alleging it operates as an unlicensed gambling business, a claim Kalshi rejects, saying it operates under direct CFTC oversight.
CFTC
US Senate Passes Sweeping Russia Energy Sanctions Bill, the "Graham Act," 86 to 11
The US Senate passed a sweeping sanctions package targeting Russia's energy revenues by a vote of 86 to 11 on Friday, August 7, 2026 (16 Mordad 1405). According to Al Jazeera, the bill, dubbed the "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," sets 100 percent tariffs on major importers of Russian oil and gas and targets clandestine maritime networks used to evade Western embargoes. It now heads to the House of Representatives, which is not expected to vote before early September due to the congressional summer recess. The bill is named for Republican Senator Lindsey Graham, who died on July 11 after announcing, a day earlier, that the White House had agreed to advance new sanctions on Russian hydrocarbons. Ukrainian President Volodymyr Zelenskyy welcomed the vote, while some House members raised concerns over the unrestrained tariff authority the bill grants President Trump.
Al Jazeera
Trump Renews Effort to Fire Federal Reserve Governor Lisa Cook
The White House on Friday, August 7, 2026 (16 Mordad 1405), revived its effort to remove Lisa Cook, the first Black woman to serve as a Federal Reserve governor. According to Al Jazeera, White House Deputy Chief of Staff Dan Scavino sent Cook a letter dated August 5 stating that the president is considering removing her from her position, giving her three weeks to respond to unproven mortgage-fraud allegations. Trump first raised the allegations in August 2025. Under US law, Federal Reserve governors can only be removed "for cause" and serve 14-year terms; in June 2026 the US Supreme Court blocked Trump's earlier attempt to fire Cook. The move comes as Trump has pushed for rapid interest-rate cuts, which new Fed Chair Kevin Warsh has yet to deliver. Cook's lawyer, Abbe Lowell, said there is no valid cause for her removal.
Al Jazeera
MARA Holdings Sold Over 91 Percent of Its Mined Bitcoin in Q2 to Fund AI Buildout at the Long Ridge Power Plant
US listed MARA Holdings said it sold more than 91 percent of the bitcoin it mined in the second quarter of 2026. According to a report by Arzdigital on Friday, August 7, 2026 (16 Mordad 1405), based on the company's disclosed filings, MARA also pledged 18,750 bitcoin as collateral for new loans to fund its purchase of the Long Ridge power plant and its conversion into an AI computing hub. Per the filings, MARA Holdings raised about $750 million in liquidity, largely through Coinbase and Two Prime. The company now has roughly 52 percent of its total bitcoin reserves pledged as collateral, after reporting a net loss of $611.3 million in its second quarter results. Analysts note MARA has not disclosed precise margin call thresholds or collateral maintenance ratios for the loans.
Arzdigital
US Senate Postpones Vote on Crypto Market Structure CLARITY Act to September
The US Senate postponed final action on the crypto market structure bill known as the CLARITY Act until after Congress's month long August recess, moving the vote to September. Arzdigital reported that the office of Senate Majority Leader John Thune confirmed on Friday, August 7, 2026 (16 Mordad 1405) that Senate Democrats had refused to hold a vote before the August recess. The bill needs 60 votes to advance in the Senate, meaning it cannot pass without support from some Democrats, who are seeking stronger safeguards against potential financial benefit to Donald Trump from the crypto sector. Some Republicans, including Senator Josh Hawley, have also set conditions for their support. Thune wrote on social platform X that the bill would be an immediate priority once Congress returns. Matt Hougan, chief investment officer at Bitwise, said the delay does not necessarily deal a fatal blow to the industry, though the regulatory uncertainty has made institutional investors more cautious.
Arzdigital
US State of Wyoming Discloses Indirect Investment in Hyperliquid's HYPE Token
The US state of Wyoming disclosed an indirect investment in the HYPE token through its holding in Hyperliquid Strategies in its latest quarterly 13F filing. Arzdigital reported, citing Blockworks analyst Shaunda Devens, that the disclosure shows Wyoming gained exposure to the Hyperliquid ecosystem through public investment vehicles rather than a direct token purchase. Wyoming previously became the first US state with an official state backed stablecoin after launching its "Frontier" (FRNT) token, backed by dollar reserves and bonds managed by Franklin Templeton, with proceeds directed to Wyoming's public school funding. Governor Mark Gordon separately signed an executive order directing state agencies to facilitate the development of AI data centers with priority given to energy and water use.
Arzdigital
US Appeals Court Upholds Sam Bankman-Fried's 25-Year Sentence and $11 Billion Asset Forfeiture
The US federal appeals court formally upheld the conviction of FTX founder Sam Bankman-Fried on Friday, August 7, 2026 (16 Mordad 1405). His 25-year prison sentence and the previously ordered forfeiture of $11 billion in assets remain in effect. Arzdigital reported that the court rejected Bankman-Fried's appeal and returned the case to the district court for enforcement proceedings. Appeals court judges, including Judge Barrington Parker, said they found no legal error in the trial or in the November 2023 jury instructions that found Bankman-Fried guilty on seven counts of fraud and conspiracy tied to the collapse of FTX and its trading affiliate Alameda Research. Bankman-Fried can still seek review from the US Supreme Court, though that would not automatically halt enforcement of his sentence. The US Senate unanimously passed a non-binding resolution in July opposing any pardon or sentence reduction for him.
Arzdigital
US workers' share of GDP falls to a record low in the second quarter
According to a report from the US Bureau of Labor Statistics (BLS) published Thursday, August 6, 2026 (15 Mordad 1405), the labor share of nominal US gross domestic product fell to 52.9 percent in the second quarter of 2026, down from 53.7 percent in the first quarter. That was the lowest level since the series began in 1947. The BLS reported stronger-than-expected productivity growth for the quarter, meaning a larger share of productivity gains accrued to business owners and shareholders rather than to workers' wages. Real weekly earnings, adjusted for inflation, were essentially unchanged during the first half of 2026, though June's reading snapped three straight months of declines and was the strongest in six years.
Daily Sabah
US diesel exports hit a record 1.9 million barrels a day, pushing domestic inventories to their lowest since 1996
According to Oilprice.com, citing the US Energy Information Administration, US diesel fuel exports hit a record high of 1.9 million barrels a day in the week to August 6, 2026 (15 Mordad 1405), breaking the previous record set earlier this spring. Most of the surge in exports has gone to Europe, driven by fuel shortages elsewhere in the world stemming from the West Asia energy crisis. EIA data also showed domestic diesel production fell in the same week, with inventories now 12 percent below the five year average. Bloomberg separately reported that US diesel exports had held at around 1.5 million barrels a day for five consecutive weeks before jumping to the record, and that diesel stockpiles have now fallen to their lowest level since 1996. Analysts warn that with refinery maintenance season running from August through October and winter approaching, potential shortages of diesel and heating oil could worsen.
Oilprice.com
US job openings fell 178,000 in June to 7.359 million
According to Reuters, published Tuesday, August 4, 2026, and carried by Donya-e-Eqtesad on Thursday, August 6, 2026 (15 Mordad 1405), the US Labor Department's Job Openings and Labor Turnover Survey showed job openings fell by 178,000 at the end of June to 7.359 million, below the 7.4 million economists polled by Reuters had forecast. The job openings rate slipped to 4.4 percent in June from 4.5 percent in May. The healthcare and social assistance sector posted the largest decline, down 147,000, its biggest drop since July 2025. Hiring rose by 96,000 to 5.348 million. Carl Weinberg, chief economist at High Frequency Economics, said the overall picture remained a stable labor market. The Federal Reserve held its benchmark interest rate range at 3.50 to 3.75 percent last week, a decision three policy committee members opposed, calling instead for a 0.25 percentage point increase.
Donya-e-Eqtesad, citing Reuters and وزارت کار آمریکا
Trump administration refunds nearly $100bn in tariffs struck down by US Supreme Court
US Customs and Border Protection (CBP) disclosed in a court filing submitted to the US Court of International Trade on Tuesday, August 4, 2026, that it has refunded close to $100bn in tariffs collected from US importers, more than three quarters of $128.68bn in refunds certified as owed. According to Al Jazeera, which reported the filing on Thursday, August 6, 2026, the US Supreme Court ruled 6-3 in February 2026 that the Trump administration exceeded its legal authority by invoking the 1977 International Emergency Economic Powers Act (IEEPA) to impose broad "reciprocal" tariffs on more than 90 countries and fentanyl-related duties on Canada, Mexico and China. Total tariffs collected from US importers before the ruling stood at about $166bn. Brandon Lord, CBP's executive director for trade policy and programs, said in the filing that the agency's financial accounting system regularly receives and disperses certified refunds. The ruling left intact sector-specific tariffs on goods such as steel, automobiles and copper, imposed under the 1962 Trade Expansion Act, and the administration has since rolled out new tariffs, including 10 to 12.5 percent levies announced last month on dozens of countries over forced labor concerns, which 25 US states challenged in a lawsuit filed Monday, August 3.
Al Jazeera
