@WatcherGuru BitMine is aggressively buying $ETH, mirroring how Michael Saylor accumulates Bitcoin for Strategy.
And you’ll be surprised to know who’s holding $BMNR.
🇺🇸 US Navy has now started the blockade of Strait of Hormuz.
Every ship trying to enter or leave Hormuz gets stopped. Any vessel that paid Iran a toll gets intercepted in international waters. Mine clearing operations begin in full force.
230 loaded oil tankers are currently trapped inside the Gulf waiting to exit. Those tankers hold some of the world's most valuable cargo right now.
Iran Calls US Blockade "ILLEGAL"
Rabobank: "The US blockade isn’t aimed at stopping GCC energy and goods flowing, which they aren’t anyway, but will stop Iran exporting energy, or importing food, industrial parts, or weaponry by sea. The economic impact will be enormous, and in around 13 days, Iranian oil storage will be full, forcing well shut-ins and risking permanent supply-side damage"
Bitcoin is moving in a range base on Media Headlines.
Supports are at $67,000 and $65,000.
Resistance: $74,000 and $78,000
Something good for Swing trader.
This is best 6 months to accumulate Bitcoin for 2+ years View.
IRGC Ground Forces Commander, Mohammad Karami: The ground units of the Iranian Armed Forces have established a multi-layered security belt.
https://t.co/rgsN2GnFoa
Key Points from Trump’s statement after Islamabad talks failed:
1. Most points agreed in Islamabad. But Iran refused to commit on nuclear weapons. That was the only point that mattered.
2. US Navy begins blockading Hormuz immediately. All ships entering or leaving will be intercepted.
3. Any ship that paid a toll to Iran will be hunted in international waters. No safe passage guaranteed.
4. US Navy destroying all Iranian mines in the strait right now.
5. Any Iranian vessel that fires at US or civilian ships will be destroyed immediately.
6. Other countries will join the blockade. This is not a US only operation.
7. US military is locked and loaded to finish what remains of Iran's military.
8. Trump called Iran's toll system world extortion and said America will never be extorted.
9. Iran's navy, air force, anti aircraft and radar are described as completely gone.
10. Trump praised Pakistan's Field Marshal Asim Munir and PM Sharif. Also claimed Pakistan thanked him for saving 30 to 50 million lives in what would have been a war with India.
Two scenarios. Two very different oil prices.
1. Blockade succeeds and Hormuz opens fully → Oil drops hard (war premium collapses).
2. Blockade fails or Iran retaliates → Oil spikes violently toward $110–$130.
WTI closed Friday at $95.62. Markets had no idea about this when they closed.
First real reaction comes Sunday night at 6PM ET when futures open.
Eye on Hormuz.
Follow @NeelMacro to connect dots before market. Rest. #DYOR
President Donald Trump warned that he will impose 50% tariffs on Chinese goods if China supplies military aid to Iran.
In an interview with Fox News, Trump said the potential tariffs would be "staggering."
This statement comes ahead of Trump's planned summit with Chinese President Xi Jinping in Beijing next month, which was postponed due to the war with Iran.
Gold reserves just hit $3.87 trillion. Dollar reserves sit at $3.73 trillion. The gap is $140 billion and growing every single day.
Source: KobeissiLetter