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Bearish bets on bitcoin, ether, oil shorts lead $427 million wipeout on US-Iran ceasefire

Days of bearish positioning unraveled in about two hours on Tuesday night as bitcoin surged past $72,700 after Trump confirmed a two-week ceasefire with Iran via Truth Social just before his 8 p.m. ET deadline. The move triggered $595 million in total crypto liquidations across 118,489 traders, according to CoinGlass data. Short positions accounted for…

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Bengal poll battle heats up: EC and TMC exchange ‘straight talk’ | India News

War of words: ECI assures free elections, TMC cries foul over voter deletions (ANI photo) The Election Commission of India (ECI) on Wednesday asserted that the 2026 West Bengal Assembly elections will be conducted in a “fear-free, violence-free and intimidation-free” manner, issuing a firm message to the ruling Trinamool Congress (TMC).In a post on X,…

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First in 7 years! India to get Iran crude oil on US sanctions waiver; supply relief amid Strait of Hormuz disruptions

Tracking data from LSEG showed that the vessel had earlier moved into Southeast Asian waters. (AI image) Amid the Middle East conflict, India is all set to get its first shipment of Iran crude oil in over seven years. The decision to buy comes as the Donald Trump administration has waived off sanctions on Iran…

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Iran-US ceasefire impact: Oil prices drop, Hormuz to see ‘controlled’ movement; global markets surge

Representative image (AI-generated) As the Iran-US ceasefire kicks in, global markets are witnessing a sharp shift across multiple sectors.US President Donald Trump announced a temporary two-week suspension of planned military strikes on Iran, linking the move to Iran’s willingness to reopen the Strait of Hormuz and engage in negotiations.Crude prices, which had surged above $100…

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