Trump Restores Strait of Hormuz Blockade, Waller Says Inflation Will Support Rate Hikes
Trump has reinstated the blockade of Iranian vessels in the Strait of Hormuz, proposing a 20% fee on transit goods. Waller has indicated the significance of Tuesday's CPI, stating that rising inflation will support recent interest rate hikes. International oil prices have seen the largest single-day increase in six years. The core domain name of Telegram, t.me, has been set to serverHold by the .me registry, temporarily making the t.me link inaccessible. A U.S. government-associated wallet deposited 140 BTC into Coinbase Prime. Hayden Adams noted the strong start of Robinhood Chain and the competitive edge of Uniswap Chain. Mentions of Bitcoin and Ethereum on platform X have dropped to a 12-month low, with retail investor interest reverting to 2020 levels. Morgan Stanley has increased its holdings by nearly 1,000 BTC in the past two weeks, surpassing a total holding of 5,700 BTC.
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