Bitcoin Insurance for Persian Gulf Cargo: Iran Launches Hormuz Safe, Claims $10B Revenue – Bitcoin News
Key TakeawaysIran’s Ministry of Economy reportedly launched Hormuz Safe on May 16, 2026, targeting $10B in annual revenue.Hormuz Safe will ostensibly settle maritime insurance policies in bitcoin, raising U.S. sanctions compliance concerns for cargo operators.The...
Expert Warns 2-Year Nasdaq Bubble Phase Beginning, Urges Investors to Position Now
Key TakeawaysThis week, Clem Chambers told Kitco that the Nasdaq two-year bubble will be driven by AI spending and U.S. deficit money printing.Gold at $4,700 acts as the key signal for Trump’s Beijing summit outcome and Taiwan risk. Following the interview with...
Report: SBI and Rakuten Build Crypto Trusts as 11 Japan Brokerages Eye Entry
Key TakeawaysSBI Securities and Rakuten Securities plan to sell crypto investment trusts, opening bitcoin and ethereum to retail brokerage accounts.Japan’s FSA targets 2028 for Investment Trust Act revisions, with a proposed 20% tax rate replacing the current 55%...
Peter Schiff Tells VRIC Media the US Economy Is Heading Into Its Worst Inflation Yet – Bitcoin News
Key TakeawaysPeter Schiff warns that the Fed’s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing.Schiff calls STRC a “classic centralized Ponzi,” warning retirees could lose principal on Strategy’s 11.5% preferred...Interesting 13
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