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News & Articles By Sterling Ashworth
04/27/2026
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By Sterling Ashworth
U.S. Authorities Freeze $344M in Crypto Linked to Iran
U.S. Treasury Secretary Scott Bessent announced on Friday that the department’s Office of Foreign Assets Control (OFAC) has frozen $344 million in cryptocurrency linked to Iran. The move, announced via a post on X, is part of ongoing U.S. efforts to disrupt Tehran’s ability to generate, move, and repatriate funds, according to Bessent. “We will […]
04/25/2026
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By Sterling Ashworth
Report Shows U.S. Land Prices Rose Nearly 80% Since 2019 Amid Shrinking Supply
A new analysis shows the average price of agricultural land in the United States has increased by nearly 80% since 2019, according to a report published April 22, 2026. The report, produced by an independent research firm, attributes the sharp rise primarily to a significant contraction in the amount of land available for sale and […]
04/24/2026
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By Sterling Ashworth
U.S. Admiral Highlights Bitcoin’s Cybersecurity Applications in Senate Testimony
WASHINGTON — U.S. Navy Admiral Samuel Paparo called Bitcoin a “valuable computer science tool” for U.S. “power projection,” stating its proof-of-work technology has “really important” applications for cybersecurity, according to testimony delivered during a Senate Armed Services Committee hearing on April 22, 2026. The hearing examined the strategic posture of U.S. forces concerning threats from […]
04/23/2026
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By Sterling Ashworth
U.S. Treasury Secretary Acknowledges Gulf Ally Currency Swap Requests Amid Iran Conflict
Introduction U.S. Treasury Secretary Scott Bessent confirmed on Wednesday, April 22, that multiple American allies in the Persian Gulf have requested currency swap lines from Washington as economic turbulence from the ongoing war with Iran intensifies. Bessent made the comments during a Wednesday hearing before the Senate Appropriations Subcommittee on Financial Services and General Government. […]
04/22/2026
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By Sterling Ashworth
Scammers Target Stranded Ships in Strait of Hormuz with Crypto Demands, Risking Sanctions
Introduction Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage, according to a maritime risk firm [1]. On Monday, April 20, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners […]
04/21/2026
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By Sterling Ashworth
U.S. Treasury Extends Russian Crude Oil Sanctions Waiver Through May
The U.S. Department of the Treasury (USDT) has extended a sanctions waiver permitting transactions involving Russian crude oil through mid-May 2026, according to an official document issued on Friday, April 17. The extension, designated as General License 86E, allows for the delivery and sale of Russian crude and petroleum products loaded onto vessels as of that […]
04/20/2026
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By Sterling Ashworth
Bitcoin Price Tops $77,000 Amid Strait of Hormuz Reopening Announcement
The price of Bitcoin surpassed $77,000 early Thursday following announcements from Iran and former U.S. President Donald Trump regarding the reopening of the Strait of Hormuz. The cryptocurrency’s rally was attributed to a reduction in geopolitical risk after Iran declared the critical waterway fully open under a new ceasefire framework. The surge pushed Bitcoin back […]
04/16/2026
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By Sterling Ashworth
Bitcoin Passes Midpoint in Current Halving Cycle, 2028 Supply Reduction Looms
The Bitcoin network has moved past the halfway point of its current four-year halving cycle, with the next programmed reduction in miner block rewards scheduled for mid-2028, according to data from Bitcoin Magazine Pro [2]. The network is currently within epoch five, which began after the halving event of April 2024. Miners currently receive 3.125 […]
04/15/2026
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By Sterling Ashworth
IMF Report Warns of Global Economic Slowdown, Inflationary Risks Following Regional Conflict
IMF Forecast Revises Global Growth Downward Amid Regional Conflict The International Monetary Fund (IMF) has revised its global economic growth forecast downward, citing a regional military conflict as a primary contributing factor to instability. Its latest World Economic Outlook, released in April 2026, projects that global growth could fall below 2% this year, which would […]
04/14/2026
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By Sterling Ashworth
IMF Reports Major Energy Supply Shock, Growth Downgrade Following Middle East Conflict
The International Monetary Fund (IMF) has warned that the war in the Middle East has delivered a ‘major global energy supply shock’ that will push up prices and force a downgrade to world economic growth, according to a statement by Managing Director Kristalina Georgieva. [2] The turmoil amounts to a negative supply shock that is […]
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