Bitcoin jumped after President Donald Trump said he had instructed the Department of War to postpone planned military strikes on Iranian power plants and energy infrastructure for five days. The order was... Read more »
Two things that markets absolutely hate showed up at the same time this week: sticky inflation and military conflict near the world’s most important oil chokepoint. The result has been predictably ugly... Read more »
Japan will begin releasing crude oil from its strategic reserves as early as next Monday to curb potential spikes in gasoline and petroleum prices caused by Middle East conflicts and disruptions to... Read more »
Here’s the thing about oil: when tankers start disappearing from tracking systems in one of the world’s most important shipping lanes, it tends to make investors nervous about everything — including crypto.... Read more »
For nearly a decade, the prevailing wisdom has been that crypto trades in lockstep with risk assets. Stocks go down, Bitcoin goes down. Simple enough. Monday’s session just threw a wrench into... Read more »
President Donald Trump said that Iran has “apologized and surrendered” to its Middle East neighbors and pledged to cease military attacks against them, while simultaneously warning that additional strikes against Iranian targets... Read more »
Markets took a double hit on Thursday. Oil spiked to $88 on geopolitical drama. Then a brutal jobs report kicked risk assets while they were already on the floor. Bitcoin dropped 3.7%... Read more »
Iran has threatened a fierce response to any US military strike, signaling a shift in its defensive posture as tensions escalate between Tehran and Washington, according to a Financial Times report. Iranian... Read more »
Key Takeaways Bitcoin price dropped as Iran’s Parliament approved the closure of the Strait of Hormuz, heightening fears of oil supply shocks and global inflation. A prolonged closure of the strait could... Read more »
