The US-Iran war continues to linger with the two countries yet to reach a 
deal, and US President Donald Trump is threatening new strikes against Iran. 
Amid this, Iran has moved to launch a Bitcoin-backed service as it looks to 
assert control over the Strait of Hormuz. U.S.-Iran War In Focus Amid Trump’s 
Threat and New Bitcoin Service According to a Reuters report, US President 
Donald Trump has threatened that a new US attack on Iran could happen in the 
coming days if both sides fail to reach a deal. This came amid his revelation 
that he was close to ordering a strike against Iran earlier this week before 
postponing following pleas from leaders of the UAE, Qatar, and Saudi Arabia. 
Notably, the US-Iran war is now approaching the three-month mark, with a peace 
deal yet to be reached. Related Reading: Donald Trump Abandons Meme Coins In 
Favor Of These Indirect Bitcoin Exposure Vehicles The major contention remains 
Iran’s nuclear program, which the country has so far refused to give. 
Meanwhile, Iran had sent a revised proposal earlier in the week, which the US 
rejected. The proposal focused on a long-term truce in the US-Iran war and the 
gradual reopening of the Strait of Hormuz. The closure of this major oil 
chokepoint continues to impact the markets, with oil holding above $100 per 
barrel while Bitcoin and the broader crypto market decline. Meanwhile, amid 
the closure of the Strait of Hormuz, Iran has launched a Bitcoin-backed 
insurance service for shipping in this oil chokepoint. The service called 
“Hormuz Safe” aims to provide insurance policies for cargo moving through the 
Persian Gulf, the Strait of Hormuz, and surrounding waterways, with payments 
made in Bitcoin. Iran has adopted Bitcoin to evade US financial sanctions, 
which have heightened amid the US-Iran war. War Sending Inflation To Multi- 
Year Highs The US-Iran war is also driving US inflation to multi-year highs, 
which is putting downside pressure on Bitcoin and the broader crypto market. 
US PPI inflation rose by 6% year-over-year (YoY) in April, its highest 
increase since December 2022. At the same time, US CPI rose by 3.8% in April, 
its highest increase since May 2023. Related Reading: Why The $65,000 Region 
Is Important As Bitcoin Gears Up To Face Massive Resistance At These Levels 
With inflation rising due to the US-Iran war, the market continues to price in 
a rate hike over a cut as the Fed’s next likely move. Polymarket data shows a 
28% chance of a Fed rate hike this year. Meanwhile, further data from 
Polymarket shows a 70% chance that the Fed will make zero rate cuts this year 
amid inflation concerns. A potential rate hike is bearish for Bitcoin, as it 
could constrain liquidity with higher interest rates. At the time of writing, 
the Bitcoin price is trading at around $77,000, up in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Getty Images, chart 
from Tradingview.com

The US-Iran war continues to linger with the two countries yet to reach a deal, and US President Donald Trump is threatening new strikes against Iran. Amid this, Iran has moved to launch a Bitcoin-backed service as it looks to assert control over the Strait of Hormuz. U.S.-Iran War In Focus Amid Trump’s Threat and &#8230;

What’s The Latest With The US-Iran War And How Does It Affect Bitcoin?

Six months ago, the first spot Dogecoin ETF started trading on a major US 
exchange. The flows have been tiny, the price has gone almost nowhere, and the 
whole experiment has played out in near-silence. That silence is the story.…

Six months ago, the first spot Dogecoin ETF started trading on a major US exchange. The flows have been tiny, the price has gone almost nowhere, and the whole experiment has played out in near-silence. That silence is the story.…

Dogecoin grew up. Almost nobody noticed.

Ethereum is flashing a warning of a familiar bearish pattern that preceded a 
41% drop in January, raising risks of a fresh breakdown.

Ethereum is flashing a warning of a familiar bearish pattern that preceded a 41% drop in January, raising risks of a fresh breakdown.

Ethereum traders warn of a ‘nasty’ ETH price drop if $2K support breaks

EU opens MiCA review as consultation probes stablecoin interest rules, DeFi 
risks and classification gaps ahead of July&#8217;s crypto authorization deadline.

EU opens MiCA review as consultation probes stablecoin interest rules, DeFi risks and classification gaps ahead of July&#8217;s crypto authorization deadline.

EU opens consultation on MiCA stablecoin rules and DeFi gaps

South Carolina Gov. Henry McMaster signed S.163 into law this week, enacting 
one of the most wide-ranging state-level crypto protection bills in the 
country. South Carolina Lawmakers Back Crypto Bill 110-1, McMaster Signs It 
Into Law The legislation, formally designated R131 and adding Chapter 47 to 
Title 34 of the South Carolina Code of Laws, […]

South Carolina Gov. Henry McMaster signed S.163 into law this week, enacting one of the most wide-ranging state-level crypto protection bills in the country. South Carolina Lawmakers Back Crypto Bill 110-1, McMaster Signs It Into Law The legislation, formally designated R131 and adding Chapter 47 to Title 34 of the South Carolina Code of Laws, &#8230;

South Carolina Gov. McMaster Signs Anti-CBDC Crypto Law, Protects Self-Custody Rights

A widely circulated analysis has claimed that structural changes inside the 
global financial system could trigger a dramatic market repricing for XRP. 
According to crypto analyst Pumpius, a pattern of institutional alignment 
involving Ripple technology, central banks, and emerging digital 
infrastructure could set the stage for what he describes as a historic price 
discovery phase. XRP Catalysts Emerging From Global Financial Infrastructure 
The analyst’s thesis begins with developments inside the Bank for 
International Settlements. On May 12, several influential BIS leadership roles 
were assigned to central bank governors from Italy, Brazil, Australia, and 
Japan. Related Reading: Analyst Says Roadmap For Bitcoin To Reach $500,000 Is 
Complete, Here’s Why Those appointments include Fabio Panetta of the Bank of 
Italy, Gabriel Galípolo of the Central Bank of Brazil, Michele Bullock of the 
Reserve Bank of Australia, and Kazuo Ueda of the Bank of Japan. According to 
the analyst, the significance lies not only in their new roles but in how 
their respective regions already intersect with Ripple’s technology. For 
instance, Italian banking giant Intesa Sanpaolo has deployed Ripple custody 
infrastructure, while financial institutions in Brazil have explored Ripple- 
powered payment services as the country advances digital asset licensing 
frameworks. Japan has long maintained close ties with Ripple through the 
partnership between SBI Holdings and Ripple, which has supported payment 
pilots and helped classify XRP as a financial asset within the Japanese 
market. Australia is also involved through digital asset research programs 
such as Project Acacia, while Ripple continues pursuing licenses across 
multiple jurisdictions. He further pointed to BIS-led cross-border 
interoperability initiatives that include both SWIFT and Ripple, as well as 
experiments such as Project Nexus and the multi-CBDC initiative known as 
mBridge. In the analyst’s view, these developments collectively form the 
structural catalysts that could boost XRP’s role in global payment 
infrastructure and subsequently, its price. Price Discovery Narrative Gains 
Momentum Beyond institutional positioning, the analyst argues that the next 
phase of XRP adoption could be driven by new technological layers forming 
around the XRP Ledger. Among the developments highlighted is Ripple’s work on 
zero-knowledge proof capabilities designed to support tokenization and 
privacy-focused financial infrastructure. One emerging project within this 
ecosystem is DNA Protocol, which has conducted zero-knowledge proof 
transactions on the XRP Ledger. The initiative aims to anchor sensitive 
biological or genomic data onto blockchain networks, potentially creating a 
compliance and identity layer for financial systems. Related Reading: Why 
Ethereum Is About To Break The Bear Cycle And Rally To $8,000 The analyst 
suggests that this type of infrastructure could enable institutions to verify 
identity and regulatory requirements without exposing private data, 
effectively linking payments, digital identity, and compliance within a single 
blockchain framework. He also referenced remarks from Japanese commentator 
Yuto Kanzaki, who indicated that a close associate had recently assumed a 
highly influential role at the Bank for International Settlements. Together, 
the analyst outlines a pattern: Ripple built banking partnerships, central 
banks began testing the technology, and global financial bodies started 
involving blockchain firms in policy discussions. If these trends lead to real 
cross-border payment flows on XRPL infrastructure, XRP could become the 
liquidity layer linking financial institutions, potentially triggering the 
price discovery he predicts. Featured image created with Dall.E, chart from 
Tradingview.com

A widely circulated analysis has claimed that structural changes inside the global financial system could trigger a dramatic market repricing for XRP. According to crypto analyst Pumpius, a pattern of institutional alignment involving Ripple technology, central banks, and emerging digital infrastructure could set the stage for what he describes as a historic price discovery phase. &#8230;

What’s The Latest With The US-Iran War And How Does It Affect Bitcoin?

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