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Bitcoin Insurance for Persian Gulf Cargo: Iran Launches Hormuz Safe, Claims $10B Revenue

Iran’s Ministry of Economic Affairs and Finance has allegedly launched a bitcoin-powered maritime insurance platform called Hormuz Safe, ostensibly targeting cargo owners transiting the Strait of Hormuz and projecting over…

Continue ReadingBitcoin Insurance for Persian Gulf Cargo: Iran Launches Hormuz Safe, Claims $10B Revenue

Trump Dismisses Inflation Pressure on Americans While April PPI Tops 6% Year-Over-Year

U.S. wholesale prices climbed 6% year-over-year in April 2026, the largest annual gain in more than three years, as energy costs tied to the ongoing U.S.-Israel-Iran war pushed producer inflation…

Continue ReadingTrump Dismisses Inflation Pressure on Americans While April PPI Tops 6% Year-Over-Year

UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock

The United Arab Emirates officially withdrew from OPEC and the broader OPEC+ alliance on April 28, 2026, and bitcoin fell below $76,000 within hours of the announcement. Key Takeaways: The…

Continue ReadingUAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock