In the past 24 hours, the cryptocurrency market saw a total liquidation of $405 million in contracts, with long positions accounting for $246 million and short positions for $159 million.
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Over $405 Million Liquidated in Crypto Contracts in the Past 24 Hours, Long Positions Dominate
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Iranian Parliament Speaker Mocks: U.S. Economic Pressure on Iran Will Backfire
Iranian Parliament Speaker Mohammad Baqer Qalibaf shared an image on social media platform X, outlining the economic pressures against Iran and the impact of changes in the energy market on the U.S. economy. Referring to recent measures taken by Trump to control U.S. commodity prices, he wrote: 'Importing frozen meat to control meat prices? Well, maybe effective. But what is the U.S. plan for national debt? Want to import “frozen yields”? For the housing market, are you going to introduce “frozen buyers”? To address wage issues, are you going to issue “frozen payrolls”? A rigid and uninnovative foreign policy will lead to a frozen and stagnant economy. What is the only thing still functioning? It is the boomerang of imposing “devastating economic pressure” on Iran, which will ultimately come back to the U.S. itself.' (Jinshi) -
US Military Casualties in Iran War Rise to 774
According to the Washington Post, the casualty statistics system of the U.S. Department of Defense shows that the number of U.S. military casualties in the Iran war has risen to 774, including 18 deaths and 756 injuries. Even during periods without large-scale combat, the Department of Defense has quietly added about 60 new injury records recently. A significant number of the injured were affected by traumatic brain injuries caused by explosions when U.S. bases in Jordan, Kuwait, Iraq, and Saudi Arabia were attacked. -
US Military Casualties in Iran War Rise to 774
According to the Washington Post, the casualty statistics system of the U.S. Department of Defense shows that U.S. military casualties in the Iran war have risen to 774, including 18 deaths and 756 injuries. Even during periods without large-scale combat, the Department of Defense has quietly added about 60 new injury records recently. A significant number of the injured were affected by traumatic brain injuries caused by explosions during attacks on U.S. bases located in Jordan, Kuwait, Iraq, and Saudi Arabia. -
Fed's Kashkari: U.S. Treasury Market is Operating Normally
On August 23, Federal Reserve's Kashkari downplayed market concerns over rising U.S. Treasury yields, stating that the market is functioning well and that the recent surge is unlikely to impact discussions on monetary policy. Kashkari said on Sunday, "All signs indicate that the U.S. Treasury market is operating normally, trading is proceeding smoothly, and market liquidity is ample, so we can use the federal funds rate as the primary tool to reduce inflation." Last week, yields on U.S. Treasuries across various maturities rose, with the benchmark 10-year Treasury yield closing around 4.73%. The 30-year Treasury yield remained near its highest level since 2007. Kashkari noted that while current Treasury yields are relatively high compared to recent historical levels, they are much lower than those in the 1990s. "We need more data, but I don't want to prejudge the outcome of the next meeting," he said, "However, I do not currently believe that inflation will fall back to target levels in the short term." (Jin Shi) -
Fed's Kashkari: U.S. Treasury Market Operating Normally
On August 23, Federal Reserve's Kashkari downplayed market concerns regarding rising U.S. Treasury yields, stating that the market is functioning well and that the recent surge is unlikely to affect discussions on monetary policy. Kashkari said on Sunday, "All signs indicate that the U.S. Treasury market is operating normally, trading is proceeding smoothly, and market liquidity is sufficient, allowing us to use the federal funds rate as the primary tool for reducing inflation." Last week, yields on U.S. Treasuries across various maturities rose, with the benchmark 10-year Treasury yield closing at around 4.73%. The 30-year Treasury yield remained near its highest level since 2007. Kashkari noted that while current Treasury yields are relatively high compared to recent historical levels, they are much lower than those in the 1990s. "We need more data, but I don't want to prejudge the outcome of the next meeting," he said. "However, I do not currently believe inflation will fall back to target levels in the short term." (Jin Shi) -
Iranian Parliament Approves Service Fees for Vessels Passing Through the Strait of Hormuz
On August 24, the Iranian Mehr News Agency reported that Hassan Kashkavi, spokesman for the National Security and Foreign Policy Committee of the Iranian Parliament, announced on Sunday that the committee has approved Article 3 of the 'Strategic Action Plan for Ensuring the Security and Development of the Strait of Hormuz.' He stated, 'According to this provision, we will charge fees for maritime services, environmental services, fuel supply in special circumstances, insurance, security, and other services provided.' These fees will be charged to vessels from relevant countries authorized to pass through the Strait of Hormuz, payable in rials or other currencies designated by the Islamic Republic of Iran. He emphasized the importance of respecting the rights of coastal countries of the Strait of Hormuz and stated, 'We must not forget that international laws and regulations not only recognize freedom of navigation but also emphasize the respect for the security and sovereignty of coastal states and prevent violations of these rights.' (Jinshi) -
Iranian Parliament Approves Service Fees for Vessels Passing Through the Strait of Hormuz
On August 24, the Iranian Mehr News Agency reported that Hassan Kashkavi, spokesperson for the National Security and Foreign Policy Committee of the Iranian Parliament, announced on Sunday that the committee has approved Article 3 of the 'Strategic Action Plan for Ensuring the Security and Development of the Strait of Hormuz.' He stated, 'According to this article, we will charge fees for maritime services, environmental services, fuel supply in special circumstances, insurance, security, and other services provided.' These fees will be charged to vessels from relevant countries authorized to pass through the Strait of Hormuz, payable in rials or other currencies designated by the Islamic Republic of Iran. He emphasized the importance of respecting the rights of coastal countries of the Strait of Hormuz and stated, 'We must not forget that international laws and regulations, in addition to recognizing the freedom of navigation, also emphasize the respect for the security and sovereignty of coastal states and the prevention of violations of these rights.' (Jinshi) -
Over $405 Million in Liquidations in the Last 24 Hours, Long Positions Dominate
In the past 24 hours, the cryptocurrency market experienced a total of $405 million in liquidations across all contracts, with long positions accounting for $246 million and short positions for $159 million. -
Tehran Gold Prices Hit Record Highs
On the first day of the Iranian calendar New Year (August 23), the gold market in Tehran, Iran, set new price records. The price of the new full gold coin reached 217.5 million rials, while the price of the old full gold coin increased by 11.2 million rials to 216.5 million rials. The price of the half gold coin rose by 6.2 million rials, reaching 112 million rials; the quarter gold coin increased by 4.1 million rials, selling for 60.5 million rials. The price of smaller gold coin products rose by 1 million rials, reaching 31 million rials. -
Tehran Gold Prices Reach Record Highs
The gold market in Tehran, Iran, set new price records on the first day of the Iranian calendar New Year (August 23). The price of the new full gold coin reached 217.5 million rials, while the price of the old full gold coin increased by 11.2 million rials to 216.5 million rials. The price of the half gold coin rose by 6.2 million rials, reaching 112 million rials; the quarter gold coin increased by 4.1 million rials, priced at 60.5 million rials. The price of smaller gold coin products went up by 1 million rials, reaching 31 million rials.
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