Inside the Strategic Bitcoin Reserve: promise vs reality
Trump's Bitcoin Reserve was meant to be "digital Fort Knox." 14 months in, here's what's actually happening, what isn't, and what the May announcement could change.
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Geopolitical tensions heighten market volatility, impacting global oil supply stability and complicating diplomatic efforts for resolution. The post Oil prices rise amid US-Iran tensions despite Trump’s negotiation signals appeared first on Crypto Briefing.
Read full articleTrump's Bitcoin Reserve was meant to be "digital Fort Knox." 14 months in, here's what's actually happening, what isn't, and what the May announcement could change.
Growing political violence and disillusionment among Republicans highlight the urgent need for systemic change. The post Megyn Kelly: Disillusionment among Republicans is rising, assassination attempts on Trump are serious, and political violence is becoming normalized | Shawn Ryan Show appeared first on Crypto Briefing.
Rising borrowing costs could strain the economy, influencing voter sentiment and potentially reshaping fiscal strategies and crypto market dynamics. The post Trump faces pressure from rising US borrowing costs ahead of midterms appeared first on Crypto Briefing.
The post Brent: Volatile swings on Iran headlines – Deutsche Bank appeared on BitcoinEthereumNews.com. Deutsche Bank analysts highlight that Brent Oil has seen sharp moves as markets react to prospects for a US-Iran deal. Brent crude fell 19.3% in May, its biggest drop since March 2020, and declined 11.1% last week as ceasefire hopes grew. However, Brent is up 2.4% this morning, with traders watching whether negotiations satisfy President Trump’s demands. Oil swings with US-Iran deal hopes “It was another eventful month, as hopes for a US-Iran deal meant Brent crude (-19.3%) saw its biggest decline since March 2020 when the pandemic lockdowns began. So stagflation fears eased dramatically, and the S&P 500 hit fresh records.” “Whether June continues the positivity of May will surely depend on whether the hopes of a US-Iran deal turn into reality. It’s been 93 days now since the strikes began and 54 since the truce that later became a ceasefire started.” “For now, it seems Mr Trump is st
The post Canadian Dollar: Recession and jobs data weigh against US Dollar – BBH appeared on BitcoinEthereumNews.com. Brown Brothers Harriman (BBH) strategist Elias Haddad highlights that the Canadian Dollar (CAD) underperformed as weaker Oil and an unexpected technical recession hit sentiment. With Q1 Gross Domestic Product (GDP) contracting and labor data showing rising slack, Haddad argues that current Bank of Canada (BoC) hike pricing looks too aggressive and sees scope for USD/CAD to overshoot toward resistance at 1.3930, the January high, as rate expectations adjust lower. Weak growth challenges BoC pricing “CAD underperformed most major currencies last week undermined by a decline in crude oil prices and Canada’s economy unexpected entry into technical recession.” “Canada real GDP fell at an annualized pace of -0.1% in Q1 (consensus and Bank of Canada projection: 1.5%) and the contraction in Q4 was revised 0.4ppt higher to -1.0%. The decline in Q1 GDP may be exaggerated by a surg
Bitcoin price headed below $72,000 on Iran woes as US president Donald Trump told observes to "sit back and relax" with the ceasefire still absent.
The post Canadian Dollar weakens on risk-off mood, dovish BoC’s tone appeared on BitcoinEthereumNews.com. USD/CAD extends its gains for the second successive day, trading around 1.3810 during the early European hours on Monday. The pair appreciates as the US Dollar (USD) holds ground on increased safe-haven demand amid US-Iran peace uncertainty. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday. The geopolitical landscape remains fluid as diplomatic channels between Washington and Tehran experience ongoing activity. Iranian Foreign Minister Abbas Araghchi confirmed that talks and message exchanges with the United States are currently underway. However, Araghchi maintained a cautious stance, emphasizing that it remains impossible to properly evaluate the trajectory of these negotiations until a definitive and clear outcome is officially reached. Adding momentum to these diplomatic efforts, US President Donald Trump has requested specific r
The post Oil: Hormuz disruption keeps market strained – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Michael Haigh and Jeremy Sellem argue that the proposed U.S–Iran ceasefire framework would only gradually restore flows through the Strait of Hormuz, keeping Oil markets tight. They see physical supply normalization pushed into late 2026, with end-user relief in Asia delayed to late October and prices staying above $200/bbl, while backwardation persists through 2027. Tight summer balances and delayed Hormuz normalization “If the 60-day MoU runs its course and the mines are then cleared within 30 days, meaningful flow through the Strait could resume, at best, by late August 2026, but end-user markets, especially in Asia, would only see relief by late October at best, leaving the market tight through peak summer and keeping prices elevated (>$200/bbl) with inventory rebuilding pushed into late 2027. Crude backwardation will be strong and persist through 2027.”