US-Iran Ceasefire to Last Into October? Crypto Punters Raise Odds as Qatar PM Heads to Tehran

Cryptocurrency traders are pricing in higher odds that the U.S.-Iran ceasefire will hold through October, even as lead mediator Qatar works to restart diplomacy between the two sides.‘Return to the Path of Negotiations’Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani is set to visit Tehran on Thursday to discuss the ongoing mediation efforts and other regional issues, Reuters reported.Qatar’s Foreign Ministry spokesperson said on X that the Middle Eastern country is undertaking efforts “to encourage a return to the path of negotiations” between the U.S. and Iran.The spokesperson said Qatar’s priority is “to restore normal navigation” in the Strait of Hormuz, ensure global energy and food security and maintain the safety of supply chains.Advisor to Prime Minister and Official Spokesperson for Ministry of Foreign Affairs : Qatar Continued Its Efforts to Encourage Return to Negotiations between US, IranDoha | August 25, 2026Advisor to the Prime Minister and Official Spokesperson for the Ministry… No Diplomatic Breakthrough in SightThe U.S. has accused  by attacking commercial vessels transiting the Strait of Hormuz. Washington also reimposed the naval blockade against Iranian ports.Although the fighting has ceased for nearly a month, the U.S. has turned . Treasury Secretary Scott Bessent announced a new campaign earlier this week targeting the financial networks, companies and countries that help Iran generate revenue and bypass sanctions.Iran has termed the sanctions as accusing the U.S. of “annihilating” international law. Read Also: Polymarket Bets on CeasefireMeanwhile, the betting crowd on Polygon  POL)-based Polymarket currently assigns a 90% chance of the ceasefire continuing through Sept. 15, up from 48% a month ago.Similarly, the odds that the ceasefire holds through Sept. 30 rose to 83%, while the chance it lasts through Oct. 30 climbed to 75% Read Also: Iran's Oil Stopped Moving — Its Neighbors' Barrels Are Flowing Again Image via Shutterstock/ Below the Sky