);)
Iran's possibility of blocking the Hormuz Strait, one of the world's most important maritime trade routes, is rapidly increasing. According to Polymarket, the possibility of blocking the Hormuz Strait rose to 47% as of the previous day, nearly doubling from 24% on the 11th.
This increase in possibility is directly related to Israel's recent attack on Iran's nuclear facilities. If the Hormuz Strait is blocked, Brent crude oil prices could surge to over $120 per barrel, which is expected to have a serious impact on the international energy market.
2. Trump Earns 7.85 Billion Won from Digital Asset Business
Donald Trump reported earning millions of dollars from real estate, media, publishing, and digital asset-related businesses in his 2025 financial disclosure. In particular, he recorded approximately $57.4 million (7.85 billion won) in cryptocurrency-related revenue through Non-Fungible Token license contracts and World Liberty Financial (WLF), and earned $33.8 million from selling the lease rights of the old Washington D.C. post office building.
3. Circle CEO Says Stablecoin Market is Still Far Off
Jeremy Allaire, co-founder and CEO of Circle, the issuer of stablecoin USDC, stated on X this morning that while stablecoins could be the most practical form of money in history, the industry's "iPhone era" has not yet arrived. However, he predicted that when the stablecoin market enters its iPhone era, developers will be able to use programmable digital dollars like unlocking programmable mobile devices, creating new power and opportunities on the internet. Allaire added that such an era could arrive soon.
4. El Salvador's Cryptocurrency Remittances Decrease by 45% in Q1
El Salvador's cryptocurrency remittances decreased by 45% year-on-year in the first quarter, recording $16 million (21.9 billion won). This is primarily due to the high volatility of virtual assets and reduced national support.
5. Japan Discusses Potential Trade Agreement with US
Japan's Minister for Economic Revitalization, Akasaka Ryomasa, announced that he held an in-depth meeting with US Secretary of Commerce Gina Raimondo. The meeting discussed the possibility of a trade agreement between the two countries.
6. Today's Fear and Greed Index at 52, Neutral
Today's Fear and Greed Index is at 52, indicating a neutral level.
Choi Joo-hoon joohoon@blockstreet.co.kr
