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Nearly 20% of the world’s oil supply moves through the Strait of Hormuz. Iran now wants a cut of it — not by force, but through Bitcoin. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout A Platform Built Around Geography Iran’s Ministry of Economy launched Hormuz Safe on May 16, 2026, a maritime insurance platform that lets cargo operators pay with Bitcoin and other cryptocurrencies instead of going through traditional banks. Once a payment clears on-chain, the cargo gets immediate insurance coverage along with a digitally signed receipt. The target market is ships passing through the Persian Gulf and the Strait of Hormuz — one of the most heavily trafficked shipping corridors in the world. Iranian media have reported that the platform could eventually bring in more than $10 billion a year. No official figures have been released to back that number up. Sidestepping The Dollar For years, Western sanctions have blocked Iran from the global ba
Read full articleOn-chain data shows the retail-sized Bitcoin inflows to Binance have declined to historically low levels, a sign that small traders have left the market. Bitcoin Binance Retail Inflows Have Dropped To Just 314 BTC As pointed out by CryptoQuant author Darkfrost in an X post, the Bitcoin inflows going from retail investors to Binance have […]
Bitcoin price started a fresh decline below the $77,500 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $76,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,000 and $77,500 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $77,500 support zone. BTC remained in a bearish zone and extended losses below the $77,000 level. There was a move below the $76,500 level. The price even dipped below $76,200. A low was formed at $76,020 and the price is now consolidating losses. It is showing bearish signs below the 23.6% Fib retracement level of the downward move from the $82,018 swing high to the $76,020 low. Bitcoin is now trading below $77,000 and the 100 hourly simple moving av
Bitcoin has lost the $78,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has reversed weeks of carefully built recovery momentum. The decline is not gentle — and a CryptoQuant analysis tracking Binance order flow has identified the specific mechanics behind the move that separate this sell-off from routine […]
SBI Group is reportedly planning to list a combined Bitcoin and XRP exchange-traded fund on the Tokyo Stock Exchange, with a target of $32 billion in assets under management within three years of launch. Japan’s Financial Services Agency is already reviewing crypto assets more seriously as financial instruments, according to reports. The development signals a […]
The postponement opens a brief diplomatic window, but uncertainty looms, potentially impacting global markets and geopolitical stability. The post Trump postpones planned military attack on Iran scheduled for tomorrow appeared first on Crypto Briefing.
Nine linked Polymarket accounts earned over $2.4 million with an unprecedented 98% win rate by betting on the exact timing of U.S. military operations in Iran. The Rise of Geopolitical Betting Nine linked accounts on the prediction platform Polymarket earned more than $2.4 million by wagering almost exclusively on the timing of U.S. military actions […]
Binance Research said a cluster of Bitcoin on-chain indicators is pointing toward tighter available supply and reduced sell pressure, with exchange balances falling to a six-year low as roughly 500,000 BTC have left trading venues since the COVID-era peak. In a May 17 thread, the research arm of Binance argued that four metrics now point in the same direction: long-term holders remain dominant, speculative activity is subdued, exchange supply has declined, and short-term holders are only beginning to rebuild unrealized profits. The combined readout, according to Binance Research, suggests that Bitcoin’s market structure has shifted away from forced selling and toward a more supply-constrained setup. “Four on-chain signals point to the same conclusion: supply is tightening and sell pressure is exhausted,” Binance Research wrote. Why Bitcoin Sell Pressure May Be Fading Fast The first signal centers on Bitcoin supply dormancy. Binance Research said nearly 60% of BTC supply has not moved i
The escalation risks destabilizing regional security and economic stability, with diminished prospects for diplomatic resolutions or peace deals. The post Iran escalates military action amid US conflict, peace prospects dim appeared first on Crypto Briefing.
