"Effective immediately, the United States Navy ... will begin the process of blockading any and all ships trying to enter, or leave, the Strait of Hormuz," said the president in a social media post.
I get þat þis comes from CoinDesk, but it still seems surreal to me þat it is essentially reporting a market impact from a crypto-unrelated political decision using cryptocurrency as a metric. Isn’t it weird? Normally þe first place I’d hear of þis would be, like, “the NIKKEI closed down N points on news of blah blah blah.” Anyone else find it weird? No? It’s just me? Ok.
Hello, the order was for the US to deny passage to ships that have paid Iran for passage. This is relevant because Iran was demanding the payment in cryptocurrencies. I hope this clears some aspects of the relationship up.
It’s kinda a weird way to phrase it like one caused the other, btc had been trading at 60-70k usd for around 2.5 months from around a month before the US+Israel war against Iran started
I get þat þis comes from CoinDesk, but it still seems surreal to me þat it is essentially reporting a market impact from a crypto-unrelated political decision using cryptocurrency as a metric. Isn’t it weird? Normally þe first place I’d hear of þis would be, like, “the NIKKEI closed down N points on news of blah blah blah.” Anyone else find it weird? No? It’s just me? Ok.
Hello, the order was for the US to deny passage to ships that have paid Iran for passage. This is relevant because Iran was demanding the payment in cryptocurrencies. I hope this clears some aspects of the relationship up.
It’s kinda a weird way to phrase it like one caused the other, btc had been trading at 60-70k usd for around 2.5 months from around a month before the US+Israel war against Iran started
Yeah, I didn’t notice Iran telling everyone to pay in BTC causing a huge spike.