WTI crude oil drops to $89 as reports suggest Iran could reopen the Strait of Hormuz within seven days. www.coindesk.com
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Hormuz
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Markets
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
by shayaanby shayaanThe U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards …
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Bitcoin held near the $78,000 area as geopolitical tension around the Strait of Hormuz pushed Brent crude above $90, giving traders another …
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In brief OFAC sanctioned two Iranian firms behind a scheme requiring vessels to buy IRGC-approved “insurance” to transit the Strait of Hormuz. …
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Iran’s top joint military command announced it would close the Strait of Hormuz to shipping for violating the ceasefire agreement with the …
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Markets
Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks
by shayaanby shayaanCrypto firmed over the weekend after Friday’s sell-off, with bitcoin recovering toward $64,000. Permanent ceasefire talks open in Switzerland, but Iran’s order …
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Markets
Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open
by shayaanby shayaanThe price of crude oil is tumbling, and U.S. stock futures are moving higher. www.coindesk.com
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Mining
CENTCOM reports US strikes defensive against Iranian missile sites, vessels in Strait of Hormuz
by shayaanby shayaanThree US Navy guided-missile destroyers came under attack from Iranian forces while transiting the Strait of Hormuz on May 7, with CENTCOM …
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OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do …
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Finance
Iran Announced It Has Collected Its First Toll from the Strait of Hormuz – It Was Reported That It Would Be Paid in Bitcoin
by shayaanby shayaanIran has made a noteworthy statement regarding transit fees through the Strait of Hormuz. The country’s central bank announced that the initial …
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