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 […]
Crypto markets are falling this Monday morning in Asia as investors react to the breakdown in negotiations between Iran and the US. “All eyes are on the oil and stock market’s reaction to this weekend’s events,” said the Kobeissi Letter. President Trump is looking at resuming “limited military strikes” in Iran in addition to the […]
US Vice President JD Vance said after the prolonged meeting that both parties have not reached an agreement as Iran chose “not to accept our terms.” Bitcoin’s price reacted with an immediate drop, tanking from the new three-week high of over $73,500 to under $71,500. The cryptocurrency exploded on Tuesday morning when US President Donald […]
The cryptocurrency market, which had its glory days in 2025, has been struggling over the past several months with numerous leading digital assets experiencing sharp price declines from their peak levels. The war between the United States and Iran has only intensified the overall uncertainty, while the two-week ceasefire, which was recently announced, finally gave […]
A Federal Reserve meeting minutes event and two key inflation reports are due this week as tension in the Middle East remains at a boiling point. Crypto markets are up on Monday morning following President Trump’s extended deadline for Iran to open the Strait of Hormuz. He told Fox News on Sunday that he will […]
Following a highly uneventful weekend with little to no price action, bitcoin’s volatility returned on Monday morning after the numerous threats, and the asset jumped to $69,600 to mark a multi-day peak. Perhaps the most evident reason behind this sudden increase came after an Axios report, cited by The Kobeissi Letter, which claimed that the […]