Lookonchain APP

App Store

Trump: Strikes on Iran Will Push Oil Prices Slightly Higher, With the Increase Limited to $2

1 hours ago

According to Al Jazeera, Donald Trump said oil prices will rise "slightly" due to the attacks targeting Iran. When asked about the impact of the US's recent strikes on Iran over the past day, Trump stated: "Every time we strike [Iran], oil prices rise slightly, by about $2." When a reporter asked whether a new round of conflict between the US and Iran could push oil prices higher, he agreed, insisting the increase would be limited to $2.

Relevant content

A whale has aggregated approximately $5.85 million worth of HYPE and LIT assets into the same wallet.

According to monitoring by Onchain Lens, a crypto whale has transferred approximately $5.85 million worth of HYPE and LIT assets into a single wallet, with the funds likely accumulated through Galaxy Digital. The transferred assets consist of 78,100 HYPE tokens (valued at around $5.25 million) and 263,700 LIT tokens (worth approximately $601,000).

11 minutes ago

Senior Iranian official: We have unused options at our disposal, including blocking the Strait of Mandeb.

According to Iranian media outlet Fars News, Rezaei, spokesperson for Iran's Parliamentary National Security Commission, stated: "In future confrontations, the enemy will face a comprehensive and sudden strike from Iran. Iran has numerous options that have not been deployed during the 40-day war, including withdrawing from the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), revising its 'nuclear strategic doctrine', and blocking the Bab el-Mandeb Strait outside the Strait of Hormuz. The proposal to withdraw from the NPT is already pending review in parliament; should Iran face an existential threat, revising the 'nuclear strategic doctrine' can also be put on the agenda."

11 minutes ago

Trump family-owned crypto firm AI Financial plans to sell its core business for up to $15 million.

According to a Wall Street Journal report, a year ago, a cryptocurrency project linked to the Trump family acquired control of a small payments company for $750 million. Today, the deal has left nearly all participants in the red, except the Trump family. The Nasdaq-listed firm, formerly named Alt5 Sigma and recently rebranded as AI Financial (stock ticker: AIFC), is currently in talks with blockchain technology firm Perpetuals over the sale of its core business, per company filings. Per a source familiar with the transaction and the company’s documents, the proposed deal is valued at up to around $15 million. The terms have not been finalized; as negotiations progress, specific conditions may change, or the transaction may ultimately fail to materialize.

11 minutes ago

EU plans to expand MiCA’s regulatory scope to cover tokenized assets and non-EU stablecoin issuers.

The European Union is considering revising its Markets in Crypto-Assets (MiCA) regulation, just about a week after the comprehensive crypto regulatory framework fully took effect. The European Commission is soliciting feedback from relevant stakeholders, with a deadline of September 30. According to multiple anonymous sources familiar with the matter, the Commission is evaluating whether to expand MiCA’s regulatory scope to cover emerging areas including tokenization and non-EU stablecoin issuers. MiCA is the EU’s comprehensive regulatory framework for crypto assets, designed to establish unified rules for crypto asset issuance, trading, custody and other related services across the bloc. The regulation officially entered into force in December 2024, though most service providers were granted a transition period to complete compliance adjustments, which ran through July 1 this year.

11 minutes ago

Expectations of another interest rate hike by the European Central Bank are heating up again.

Market pricing indicates that the European Central Bank is projected to raise interest rates twice before the end of the year, with each increase amounting to 25 basis points.

11 minutes ago

Prediction market platform World announced it will migrate from Solana to Robinhood Chain.

According to official announcements, prediction market platform World has announced it will migrate from Solana to the Robinhood Chain. As previously reported, World officially launched on July 1.

11 minutes ago