Crypto news

Investors tend to be more comfortable with riskier investments when they’re optimistic about how the economy will perform.

According to the ever-reliable (or is it?) Fars News Agency, Iran has cooked up a scheme called “Hormuz Safe,” a Bitcoin-based insurance policy for ships brazen enough to navigate those troubled tides. Walter Bloomberg, that tireless tweeter of tidbits, spilled the beans, and now the world’s abuzz with the news. Ships, it seems, can now buy peace of mind for a handful of BTC-though whether this is in addition to the rumored $2 million toll remains as clear as mud in the Mississippi.

Strategy now holds a total of 843,738 Bitcoin, bringing its total investment to around $64 billion. According to a recent filing with the Securities and Exchange Commission, the average price Strategy paid for each Bitcoin is $75,700.

In a Sunday‑light report, Geoffrey Kendrick, the bank’s head of digital assets research, dared to predict that tokenized assets on public blockchains might hit a staggering $4 trillion by the death of the world-or at least by the close of 2028. Half of that would be dear stablecoins, the other half tokenized real‑world assets such as bonds and funds, each as steady as a lecture on morality in a Nicholas Gogol novel.

Iran’s recent implementation of a toll system in the Strait of Hormuz seems to be another step in its increasing use of cryptocurrency. However, it’s not Bitcoin driving this trend – stablecoins are playing the biggest role.

This scam involves attackers sending emails that appear to be requests to update recovery contact information. These emails contain a dangerous link hidden within the details of the request.

The 4-hour chart, a weathered map of Bitcoin’s short-term journey, shows the triangle pattern twisting into a descending channel, like a river carving its way through dry earth. The price tumbled out early Saturday, and the bulls, bless their hearts, tried to shove it back in over the weekend. But the 200 simple moving average (SMA) stood firm, a stubborn gatekeeper, rejecting their efforts like a farmer shooing away crows from his corn.

Blockchain security firm Blockaid detected the exploit as it happened, and the details were quickly shared on X (formerly Twitter) by the on-chain intelligence account @coinxtreme_en.

On May 18th, Lee posted on X that the typical negative relationship between Ethereum (ETH) and oil prices was stronger than ever before. He explained that increasing crude oil prices are currently the biggest obstacle to Ethereum’s short-term growth.

California Attorney General Rob Bonta announced that General Motors (GM) will pay $12.75 million to resolve claims that it improperly collected and stored data from hundreds of thousands of California drivers who used its OnStar vehicle connectivity service.