Binance Square
#irandemandsbtc

irandemandsbtc

8 views
2 Discussing
Crypto Sanzi
·
--
Article
⛽️ Iran Wants BTC for Hormuz Transit 💸Iran plans to introduce a crypto toll for oil tankers passing through the Strait of Hormuz — ~$1 per barrel, payable in Bitcoin. With ~20M barrels/day, that’s ≈ $7.3B yearly outside the dollar system 💵 BTC nearly touched $73K before pulling back — markets see this as a mixed signal. Bullish side: • steady demand for $BTC • stronger real-world usage in global trade Bearish side: • recipients are Iranian state-linked entities • potential regulatory backlash • could be used as an argument against crypto 🐃 Bullish for adoption narrative, but politically toxic. 🍄 #IranDemandsBTC #IranBTCDemand #IranClosesHormuzAgain {spot}(BTCUSDT)

⛽️ Iran Wants BTC for Hormuz Transit 💸

Iran plans to introduce a crypto toll for oil tankers passing through the Strait of Hormuz — ~$1 per barrel, payable in Bitcoin. With ~20M barrels/day, that’s ≈ $7.3B yearly outside the dollar system 💵

BTC nearly touched $73K before pulling back — markets see this as a mixed signal.

Bullish side:
• steady demand for $BTC
• stronger real-world usage in global trade

Bearish side:
• recipients are Iranian state-linked entities
• potential regulatory backlash
• could be used as an argument against crypto

🐃 Bullish for adoption narrative, but politically toxic. 🍄

#IranDemandsBTC #IranBTCDemand #IranClosesHormuzAgain
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number