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, […]
Tag: POTUS
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 […]
By Jordan Lyanchev Bitcoin failed at over $71,000 once again yesterday after the latest volatile session prompted by the developments in the Middle East, and now struggles below $70,000. Most larger-cap alts have posted minor gains on a daily scale. ETH has managed to defend the $2,000 level, while HYPE has jumped to $37 after […]