Adam Forsyth
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South Korean ship hit in Strait of Hormuz amid rising tensions
## Market Snapshot Warships Through Strait of Hormuz by May 31: Currently priced at 21% YES, up from 12% in the last 24 hours. Strait
Strategy could sell 1 BTC to buy 10 more
Michael Saylor has moved to clarify Strategy’s position after recent comments raised questions about whether the company could sell part of its Bitcoin holdings. Summary
Putin claims Ukraine conflict is ‘coming to an end’ after Victory Day parade
Vladimir Putin told the world on May 9, 2026, that he believes the war in Ukraine is winding down. The statement came during Russia’s annual
Trump Media posts $406M loss after Bitcoin, CRO markdowns
Trump Media & Technology Group reported a $405.9 million net loss for the first quarter of 2026, as its Bitcoin and Cronos holdings lost value
Iran strikes tanker off Doha as tensions rise in Strait of Hormuz
## Market Snapshot Iranian Demands Trump Will Agree To market is observing a potential decrease in YES pricing. Strait of Hormuz Traffic by May 15
US court rules AI ads make Meta liable for fraud
A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities
US and Iran announce framework to ease tensions, reopen Strait of Hormuz
## Market Snapshot Iranian Demands Trump Will Agree To: Pricing suggests increased likelihood of US concessions. WTI Crude Oil Prices in May 2026: 3% YES
Virginia redistricting vote struck down 4-3
Virginia redistricting referendum was struck down 4-3 by the state Supreme Court on May 8, with Democrats immediately filing to appeal to SCOTUS Summary The
Putin offers to store Iran’s enriched uranium amid US-Iran tensions
## Market Snapshot Iran’s Enriched Uranium Surrender market is priced at 46.5% YES for the December 31, 2026 deadline, up from 42% 24 hours ago.
Morgan Stanley launches ETrade crypto at 0.5% fee
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Summary Morgan