Geopolitics

Gate News update. On April 13, Iranian Islamic Consultative Assembly lawmaker Seyed Mahmoud Nabaviyan, who took part in negotiations between the United States and Iran, posted on social media on April 12 listing three demands put forward by the United States, and then deleted them. The three demands are: The U.S. demanded that the benefits from the Strait of Hormuz be jointly shared with Iran; the U.S. demanded that all highly enriched uranium with a concentration of 60% be shipped out of Iran; and the U.S. demanded that Iran not carry out uranium enrichment activities during the next 20 years.

U.S. Central Command confirms that, starting April 13, it will impose a maritime blockade on Iranian ports, while international shipping through the Strait of Hormuz is not affected. WTI crude oil prices break above $105, and Bitcoin falls back to around $71,000, with global energy and crypto asset markets responding in sync.

The Hungarian opposition Tisza Party beat Viktor Orbán in the parliamentary election, ending his 16 years in power. It is expected to roll back the tough cryptocurrency regulatory measures imposed under the Orbán government and restore relations with the European Union. The new government taking office may also allow global financial platforms such as Revolut to return to the market, and it will further accelerate the EU’s process of unifying digital assets.

Gate News message, on April 13, U.S. President Trump said that he is building the "greatest stock market in history."

The U.S. Central Command announced it will implement a maritime traffic blockade for all vessels entering and leaving Iranian ports at 22:00 Beijing time on April 13, covering all countries’ ships in the Arabian Gulf and the Gulf of Oman, but it will not affect ships traveling to and from non-Iranian ports via the Strait of Hormuz.

The U.S. imposes a naval blockade on Iran, causing the U.S.-Iran nuclear talks to fall apart. Market risk sentiment intensifies, and Bitcoin drops to $71,000, with a 24-hour decline of 3.1%. Traditional market capital flows into safe-haven assets, and analysts are divided on Bitcoin’s future trend, with $70,000 support acting as a key level.

The UK has decided not to participate in the U.S.’s blockade operation in the Strait of Hormuz, stressing the importance of supporting freedom of navigation and keeping the strait open, and is working with countries such as France to form a protection alliance.

The U.S. announces a blockade of the Strait of Hormuz to respond to the collapse of U.S.-Iran peace talks, triggering a sharp surge in oil prices. Oil prices rebound to above $100, and U.S. stock index futures fall. Gold and cryptocurrencies also slip; Bitcoin falls back to above 70K, and the total market value drops to $2.41 trillion.

Gate News message. On April 13, following a marathon-style peace negotiation in Islamabad that failed to reach an agreement, countries across the Middle East are rushing to push the United States and Iran back onto the negotiating table. Despite strong statements from both the U.S. and Iran, the door to diplomacy remains open, and the second round of talks could take place within the next few days. Regional countries are consulting with the United States to ensure they can extend the two-week, highly fragile ceasefire period announced on Tuesday evening. Iranian officials have put forward alternative proposals, including continuing symbolic uranium enrichment activities or reducing its stockpile of enriched uranium, but the two sides were unable to reach a compromise.

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Argentinian banks start a JPM Coin-based interbank settlement pilot, TRM Labs underscores compliance advances, and Milei backpedals on dollarization. Key Takeaways:

Trump posted on Truth Social that many large tankers are delivering low-sulfur, high-quality crude oil to the United States, reflecting that geopolitical tensions between the U.S. and Iran have led to rising demand in the market for alternative supplies. The United States has currently become the world’s largest crude oil producer, and its sweet crude oil has advantages in refining costs and efficiency. This kind of situation could reduce reliance on Middle Eastern oil, stabilize oil prices, and affect global risk assets, including the Bitcoin market.

On April 11, the U.S. and Iran began 20 hours of negotiations in Pakistan. The core issue was freedom of passage through the Strait of Hormuz. After Bitcoin briefly rose to $73,800, it quickly fell back to $71,557. The U.S. side took a hardline stance, demanding that Iran open the strait, while Iran insisted that easing restrictions must wait until a comprehensive agreement is reached. The two sides have not yet reached a consensus.

U.S. President Trump blockaded the Strait of Hormuz because Iran refused to give up its nuclear weapons program, causing crude oil futures prices on the decentralized platform Hyperliquid to surge by 7%. The market saw intense fluctuations due to concerns about a supply disruption, making it an important venue for price discovery. Strategic petroleum reserves are about to run out, supply risks in the oil market are intensifying, and this could trigger even more severe inflation pressure.

Gate News message: April 12, Iranian President Pezeshkian, on the day he spoke with Russian President Putin, said that Iran is fully prepared to reach an agreement that can safeguard lasting regional peace and security, while being balanced and fair.

Gate News update, on April 12, U.S. President Trump said that once the situation calms down, oil and natural gas prices will ultimately fall. He noted that oil and natural gas prices could be lower before the midterm election, or they could be slightly higher.

Gate News message: On April 12, U.S. President Trump issued a statement on the Iran issue. Trump said that his posts on social media about wiping out Iranian civilization prompted Iran to sit down at the negotiating table. Trump said that on Saturday, two U.S. warships that passed through the Strait of Hormuz encountered no interference. Trump also noted that if the Strait of Hormuz were blockaded, he would take measures similar to the sanctions imposed on Venezuela.

Gate News report: On April 12, local time, the Iranian Islamic Revolutionary Guard Corps Navy released drone surveillance footage, emphasizing that all ship activity in the Strait of Hormuz is currently under the close monitoring and complete control of its armed forces. The IRGC Navy issued a warning stating that any mistaken action will plunge the enemy into a deadly vortex within the strait.

Gate News message: On April 12, U.S. President Trump said today that Iran has not yet left the negotiating table. It is expected that they will return to negotiate and provide everything the U.S. side needs.

Gate News message, April 12, according to Xinhua News Agency, U.S. President Trump issued new threatening remarks to Iran. Trump said: "At the appropriate time, we will be fully 'ready,' and our military will put an end to Iran's remaining forces."