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Crypto Breaking News

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Bloomberg

MacCarley: Iran's Strait of Hormuz Control Throttling

The US and Iran have agreed to a two-week ceasefire, in a move that could pause the conflict after six weeks of fighting. But while the deal is expected to halt attacks for now, key issues remain unresolved -- from the opening up of the Strait of Hormuz to broader tensions over Iran's nuclear and missile programs. Mark MacCarley, Retired US Army Major General and Managing Attorney at MacCarley & Rosen spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the next steps for the two countries.

Read more: MacCarley: Iran's Strait of Hormuz Control Throttling
Bloomberg

Sustained Rally Hinges on Hormuz Reopening, BNP's Huynh Says

Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, reacts to the two-week US-Iran ceasefire announcement and whether the relief rally in markets can be sustained. "How long it's going to take for oil to reach those countries as the Strait of Hormuz potentially opens is, I think, a key question," Huynh tells Bloomberg Television.

Read more: Sustained Rally Hinges on Hormuz Reopening, BNP's Huynh Says
Bloomberg

Fahmy: Iran Emerged as Global Power Player from War

The US and Iran have agreed to a two-week ceasefire in exchange for the reopening of the Strait of Hormuz. The deal buys time for the two sides to reach a longer agreement to end the six-week-old war which has sparked a global energy crisis. Dalia Fahmy, Long Island University's Director of International Relations and Diplomacy & Associate Professor of Political Science spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the ceasefire.

Read more: Fahmy: Iran Emerged as Global Power Player from War
Grafa
Insights

Why Wall Street just pulled the plug on crypto

For a fleeting moment last autumn, it appeared that the long-running friction between the frantic world of cryptocurrency and the buttoned-down halls of global finance had finally reached a grand synthesis. 

With the debut of spot exchange-traded funds (ETFs) and Bitcoin scaling heights near $126,000, the industry’s boosters declared that "digital gold" had finally arrived as a permanent fixture of the modern portfolio.

Read more: Why Wall Street just pulled the plug on crypto
Bloomberg

Trump Recognized Iran War 'Unwinnable': Analyst

Quincy Institute Executive VP Trita Parsi says the US decision to negotiate an opening of the Strait of Hormuz on the basis of Iran's 15-point framework shows a changing of dynamics in the conflict. Parsi notes that by successfully threatening the global oil supply, Tehran has successfully shifted the conflict's dynamics by retaining leverage.

Read more: Trump Recognized Iran War 'Unwinnable': Analyst
Bloomberg

Ecuador President: US Troops Could Help Confront Drug Gangs

Ecuador's President Daniel Noboa says he would welcome US troops to help address his country's "security crisis," as long as they follow the lead of local armed forces. In an interview with Bloomberg's Annmarie Hordern in Guayaquil, Noboa says the US is already offering support and that he is open to deeper involvement from President Donald Trump's administration.

Read more: Ecuador President: US Troops Could Help Confront Drug Gangs
Bloomberg

CSIS: US-Iran Ceasefire is Welcome Reprieve

Mona Yacoubian, Director and Senior Adviser of the Middle East Program at the Center for Strategic and International Studies, discusses the two-week ceasefire between the US and Iran that's expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. She speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Read more: CSIS: US-Iran Ceasefire is Welcome Reprieve