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Crypto Sanctions Evasion: US Treasury’s Alarming Probe into Iran-Linked Exchange Infrastructure
bitcoinworld64d ago

Crypto Sanctions Evasion: US Treasury’s Alarming Probe into Iran-Linked Exchange Infrastructure

BitcoinWorldCrypto Sanctions Evasion: US Treasury’s Alarming Probe into Iran-Linked Exchange InfrastructureWASHINGTON, D.C., April 2025 – The U.S. Treasury Department has launched a significant investigation into cryptocurrency exchanges for allegedly facilitating Iranian sanctions evasion, marking a pivotal shift in regulatory strategy from targeting individual wallets to scrutinizing the very infrastructure of digital asset platforms, according to blockchain intelligence firm TRM Labs. Crypto Sanctions Evasion: A Strategic [...]This post Crypto Sanctions Evasion: US Treasury’s Alarming Probe into Iran-Linked Exchange Infrastructure first appeared on BitcoinWorld.

#COMMODITIES
This one statistic clearly shows the housing market’s post-boom recalibration
fastcompany64d ago

This one statistic clearly shows the housing market’s post-boom recalibration

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.During the Pandemic Housing Boom, housing demand surged rapidly amid ultralow interest rates, stimulus, and the remote work boom. Federal Reserve researchers estimate “new construction would have had to increase by roughly 300% to absorb the pandemic-era surge in demand.”Unlike housing demand, housing stock isn’t as elastic and can’t quickly ramp up. As a result, the heightened demand drained the market of active inventory and caused home prices to overheat, with U.S. home prices in June 2022 sitting a staggering 43.2% above March 2020 levels.Since that national boom ended in mid-2022, the housing market has been moving through a cyclical cooling phase and undergoing a period of recalibration and normalization after such a large burst.Look no further than the share of U.S. homes that sold below their original list price, by year, according to a new Redfin report:2018 —> 62%2019 —> 64%2020 —> 55%2021 —> 38%2022 —> 42%2023 —> 54%2024 —> 58%2025 —> 62%The share of homes selling below their original list price varies by region. Many Sun Belt pandemic-boom markets—particularly across Florida and Texas—are seeing the highest prevalence of homes selling below their initial ask.By contrast, many Northeast and Midwest metros remain, relatively speaking, more resilient, with fewer than half of homes selling below list in several markets. Parts of San Francisco and San Jose have regained a bit of mojo amid the AI boom.“Some sellers are recognizing the market has changed and others are not . . . I have one seller who overpaid for their home a few years ago and wants to list it at $950,000. The problem is recent comps call for a list price of $825,000,” writes Connie Durnal, a Redfin Premier real estate agent in Dallas. “I have another seller who paid $400,000 for their home but was willing to list it at $385,000, which was a great strategy. Because the home was fairly priced, it got multiple offers and sold for $10,000 over the asking price.”Redfin’s analysis is based on annual MLS data comparing original list prices with final sale prices. The firm didn’t publish data for every metro.

#STOCKS
google64d ago

J.P. Morgan revises gold price target for 2026 - thestreet.com

J.P. Morgan revises gold price target for 2026 thestreet.comJPMorgan sees gold price reaching $6,300 by year-end Mining.comJP Morgan sees gold at $6,300 an ounce by year-end on robust central‐bank, investor demand ReutersUBS raises gold price target for 2026. Here are the new forecasts Investing.comJPMorgan Chase (JPM) Tells Investors to ‘Buy Gold on Weakness’ TipRanks

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Washington Prepares Broad License to Restart Venezuelan Oil Production
oilprice64d ago

Washington Prepares Broad License to Restart Venezuelan Oil Production

Washington is preparing to take another step deeper into Venezuela’s oil sector, with plans to issue a broad license that would allow companies to pump crude in the country for the first time in years. According to people familiar with the matter who spoke to Bloomberg, the U.S. Treasury could issue the general license as soon as this week. If it happens, it would follow last week’s authorization allowing companies to buy, sell, ship, and refine Venezuelan crude—provided the activity runs through established U.S.-linked entities....

#ECONOMY