By Jordan Lyanchev Bitcoin’s price jumped from $76,000 to almost $79,000 on Friday after the latest reports on the US-Iran war front, but retraced slightly and calmed at around $78,000. Most altcoins have posted minor gains over the past 24 hours, including ETH, which has climbed to $2,300, and HYPE, which has neared $42. BTC […]
Tag: POTUS
By Jordan Lyanchev With almost seven weeks into the war in the Middle East, the two main sides, the US and Iran, announced some major de-escalation news on Friday, which included the reopening of the Strait of Hormuz and some progress on the peace talk front. This resulted in immediate volatility in all financial markets, […]
By Jordan Lyanchev A new report from the Financial Times says that the Iranian officials would require bitcoin and crypto payments for ships passing through the Strait of Hormuz. A spokesperson for Iran’s Oil, Gas, and Petrochemical Products Exporters’ Union, Hamid Hoisseini, noted that the toll must be paid in crypto after tankers submit details […]