Mining policy, sanctions impact, and regulatory developments shaping Iran’s crypto landscape.
Kagan’s warning links Iran’s Hormuz leverage to oil, rates, and a new Bitcoin macro risk.
Liam 'Akiba' Wright 9 min read 
Oil tanker shot at after crew followed bogus crypto clearance to cross Strait of Hormuz, exposing new twist in maritime scams.
Iran just turned “digital oil” into a wartime target, and crypto’s role in global markets looks different now.
Only 8 tankers got through before Hormuz tightened again. Bitcoin now waits for the next count.
Bitcoin’s post-Hormuz rally faces a weekend test as Iran disputes Trump’s deal claims and shipping, oil, and bond risks remain unresolved.
BTC's rally triggered heavy short liquidations across the crypto market and strengthened bullish positioning in options and prediction markets.
Vessel traffic through Hormuz fell into single digits in early March as the conflict spread into shipping, fuel, and trade flows with knock-on risks for the macro backdrop behind Bitcoin.
Bitcoin is still holding gains, but fading Iran optimism and soft on-chain signals leave the rebound on uncertain footing.
The move would push Bitcoin into a live trade chokepoint where sanctions, shipping delays, and market risk collide.
