Morning Minute is a daily newsletter written by Tyler Warner.
The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt
And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: – Crypto majors dip then rebound on Iran progress; BTC at $76.9k – BTC ETFs shed $1.25B in outflows; HYPE ETFs see $68M in inflows – SEC reverses course on tokenized stocks, shelves plans for allowance – Vitalik says EF will get smaller, sell less ETH and focus on CROPS – Hyperliquid launches new outcome markets tied to offchain events 📈 Trump Hints That Iran Deal May Be Close, Markets Rebound U.S.
President Donald Trump declared a U.S.-Iran deal “largely negotiated” Saturday, and the oil market did what it’s done every time a credible peace signal lands: it sold off hard. Brent crude fell 7% Monday to $96, WTI shed more than 6% to $90, and at least 33 ships passed through Hormuz with Iran’s permission over the weekend. JPMorgan is now modeling Brent at $60 long-term if tensions fully ease.