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Donald Trump said the Strait of Hormuz was fully opened and that all related agreements had been signed. The US-Iran framework extends a ceasefire for 60 days and leaves enrichment unresolved. Iranian oil tankers and cargo ships resumed passage less than 24 hours after the memorandum was signed. A formal signing is planned in Geneva. A US official said no money moves until compliance (reported 13 hours ago).

Traders tied Bitcoin’s recovery to the US-Iran peace deal and the planned June 19 signing in Switzerland. Trump said the deal would reopen the Strait of Hormuz, but much of the agreement remains unknown. Bitcoin rose above $67,000 and about $150 million in crypto short positions were liquidated as the price advanced. Swissblock said declining volume, weak momentum, and stagnant on-chain metrics kept conviction fragile. Bitcoin dropped back below $66,000 in early trading on Tuesday after Monday’s intraday high (reported 4 hours ago).

Strategy bought 1,587 BTC for about $100 million between June 8 and June 14. Strategy funded the purchase by selling about 1.73 million MSTR shares and raising about $209 million. Strategy increased its USD reserve to $1.1 billion. Strategy now holds 846,842 BTC bought at an average price of $75,656. Some coverage said BTC held per share fell from 13.0% on June 1 to 12.5% on June 15 after the new shares were issued. Benchmark and TD Cowen said the cash reserve and preferred structure reduce near-term forced-sale risk (reported 11 hours ago).

Market Trends

The Bank of Japan voted 7–1 to raise the target for the uncollateralized overnight call rate to around 1.0%, effective June 17. The Bank of Japan said monthly JGB purchases will be maintained at around 2 trillion yen starting from April 2027 (reported 5 hours ago).

Bitcoin climbed above $66,500 after the Bank of Japan raised interest rates to a 31-year high, and total 24-hour crypto trading volume jumped 51% to $207 billion. Open interest rose 2.4% to $113.41 billion (reported 30 min ago).

The U.S. military said its blockade on Iranian ports will remain in effect until the scheduled June 19 agreement, and affected vessels were told not to attempt passage without clear instructions. Iranian authorities also indicated that the Strait of Hormuz remained closed to all vessels until further notice (reported 20 hours ago).

Regulation & Policy

The Bangko Sentral ng Pilipinas issued listing guidelines that require licensed VASPs to vet digital assets before offering them, and the rules ban anonymity-enhancing cryptocurrencies such as Monero and Zcash. Platforms must also build due diligence, accreditation, and delisting thresholds.

Nigeria’s Senate passed the second reading of a cryptocurrency regulation bill that would require exchanges to obtain licenses if enacted. The bill was referred to the Capital Markets Committee, which is expected to submit its report within four weeks.

Dubai’s Virtual Assets Regulatory Authority issued new risk management guidelines that require crypto firms to use data-driven daily risk scoring models. The guidelines also require FATF high-risk and blacklisted country assessments to be updated at least every three months.

Institutional Updates

BitMine acquired 76,881 ETH over the past week, lifting holdings to 5,620,754 ETH, or about 4.66% of Ether’s circulating supply. BitMine has staked more than 4.1 million ETH.

Kraken launched CFTC-regulated perpetual futures for eligible US clients through Bitnomial on Kraken Pro, with BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX available at launch. Kraken said it intends to expand the contract set and collateral options over time.

Binance, Bybit, and Bitget canceled tokenized SpaceX campaigns after xStocks could not deliver the underlying shares, and 27,689 wallets that pledged $557 million received no shares. Customers who missed allocations received refunds and, in many cases, some type of sweetener.

What to Watch

When the Geneva signing happens, the US-Iran framework reaches its next stated step. Adding risk exposure after confirmation is a potential entry signal. This signal depends on navigation staying open.

If markets absorb the expected BOJ rate hike without renewed currency stress, then adding risk exposure after volatility stabilizes can capture a calmer macro backdrop. Follow-up communication that points to faster tightening would weaken that setup.