MORNING BULLETIN 21/4
1/ The EU is preparing to expand sanctions related to Hormuz → tensions escalate.
2/ According to Reuters, the flow of ships through Hormuz is almost paralyzed (only 3 trips/12h), with insurance costs rising sharply.
3/ Oil dropped ~2% at the start of the Asian session → the market is temporarily waiting for signals from the US – Iran.
4/ Canada’s CPI rose 2.4% YoY (0.9% MoM, the highest in 14 months) → pressure from energy prices.
5/ Kevin Warsh enters Fed testimony → the market is watching interest rate direction.
6/ Bitcoin spot ETF attracts ~1 billion USD/week → institutional money still supports prices.
7/ Michael Saylor's MicroStrategy buys an additional 34,164 BTC → total >815,000 BTC.
8/ Bitmine accumulates 101,627 ETH → holding ~4.98M ETH (~4.12% supply).
9/ Polymarket negotiates to raise ~400M USD, valuing at ~15B USD.
⚠️ Quick summary:
Geopolitics: tense → directly impacting oil & inflation
Macroeconomics: Fed remains the biggest variable
Crypto: institutional money has not withdrawn, whales still accumulate
1/ The EU is preparing to expand sanctions related to Hormuz → tensions escalate.
2/ According to Reuters, the flow of ships through Hormuz is almost paralyzed (only 3 trips/12h), with insurance costs rising sharply.
3/ Oil dropped ~2% at the start of the Asian session → the market is temporarily waiting for signals from the US – Iran.
4/ Canada’s CPI rose 2.4% YoY (0.9% MoM, the highest in 14 months) → pressure from energy prices.
5/ Kevin Warsh enters Fed testimony → the market is watching interest rate direction.
6/ Bitcoin spot ETF attracts ~1 billion USD/week → institutional money still supports prices.
7/ Michael Saylor's MicroStrategy buys an additional 34,164 BTC → total >815,000 BTC.
8/ Bitmine accumulates 101,627 ETH → holding ~4.98M ETH (~4.12% supply).
9/ Polymarket negotiates to raise ~400M USD, valuing at ~15B USD.
⚠️ Quick summary:
Geopolitics: tense → directly impacting oil & inflation
Macroeconomics: Fed remains the biggest variable
Crypto: institutional money has not withdrawn, whales still accumulate