Crypto markets have gained marginally over the weekend, hitting a weekly high on Monday morning trading in Asia. But this week’s inflation reports could put a dampener on things. Meanwhile, US stock market futures fell on Monday as Iran War peace talks stalled and President Trump said he does not like Iran’s response to the […]
Bitcoin, Ripple’s token, Solana’s SOL, and several other altcoins made impressive moves over the past few hours, which was rather unexpected given the Sunday market sentiment and lack of major developments. Interestingly, these recent gains coincided with Donald Trump’s latest message on Iran. The statement on Truth Social from the POTUS reads that Iran has […]
US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the first time the Treasury has named digital assets so explicitly in the context of the Iran pressure campaign, and it […]
Bitcoin’s price sluggishness that began on Friday was interrupted by a quick but unsustainable surge to just over $79,000 on Sunday morning after the latest developments on the Iran-US front. This time, reports claimed that Iran had sent its latest peace proposal to the US, which was the reason behind the quick uptick. However, US […]
Bitcoin broke out of the weekend slumber, surging to a 12-week peak of just under $80,000 before it was brutally rejected and driven south by roughly two grand in an hour or so. The most obvious reason behind this rather unexpected Monday morning pump came after reports emerged that Iran and the US could be […]
Greek maritime risk management firm MARISKS has warned shipping companies about fraudulent messages targeting vessels stranded west of the Strait of Hormuz. In fact, scammers are demanding cryptocurrency payments for “safe passage.” Strait of Hormuz Crisis Unknown actors posing as Iranian authorities have contacted shipowners, requesting transit fees in Bitcoin (BTC) or Tether (USDT) in […]
It was another eventful weekend in which the two warring parties exchanged contrasting and confusing statements on what is happening with their ceasefire, whether any peace talks are scheduled, and what’s next. Perhaps the most worrisome part came just hours ago when both nations resumed the strikes against each other. Strikes Resumed At first, US […]
Bitcoin’s price was halted at its multi-month peak at over $78,000 on Friday, and the subsequent conflicting actions and statements from Iran and the US have led to another retracement to under $75,000 as of press time. The latest set of blame-throwing came minutes ago, as reports emerged that Iran believes they are “facing deception” […]
US President Trump, alongside Iran’s foreign minister, announced a major de-escalation yesterday on the war front, indicating that the Strait of Hormuz will finally be reopened. The statement had a major impact on almost all financial markets, especially oil, given the Strait’s significance. USOIL, for example, plunged by over 11%. It traded at $90 per […]
Bitcoin’s price recovered impressively yesterday by surging to a 10-week peak of over $78,000 after US President Donald Trump said the Strait of Hormuz was opened. However, this rally could be in jeopardy now, as Iran’s Speaker of Parliament, Ghalibaf, denied many of the POTUS’s positive statements. All Were False Recall that Trump took to […]