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Rising tensions with Iran threaten to shut the Strait of Hormuz, sparking fears of $150 oil, inflation spikes, and market turmoil as Bitcoin and Solana plunge amid investor anxiety.

Walmart and Amazon eye dollar-pegged stablecoins to cut payment costs: report

Crypto NewsFriday, June 13, 2025 at 11:35:13 AM
Walmart and Amazon eye dollar-pegged stablecoins to cut payment costs: report
Walmart and Amazon, two of the biggest retail giants in the U.S., are reportedly considering creating their own stablecoins—digital currencies tied to the value of the dollar. According to a Wall Street Journal report, they’re looking into how these stablecoins could make payments faster and cheaper, potentially shaking up how transactions work in their massive ecosystems.
Editor’s Note: If Walmart and Amazon jump into stablecoins, it could be a game-changer for everyday payments. These companies handle billions in transactions, and cutting out middlemen (like credit card processors) could save them—and maybe even customers—a ton of money. It’s also another sign that big corporations are taking crypto seriously, not just as an investment but as a practical tool. But whether this actually leads to lower prices or just corporate savings? That’s the real question.
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$150 Oil on the Table: Goldman Analysts Warn as Iran Threatens Strait Shutdown
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Goldman Sachs analysts are sounding the alarm that oil prices could skyrocket to $150 a barrel if Iran follows through on threats to shut down the Strait of Hormuz—a critical shipping lane for global oil supplies. The warning comes amid escalating tensions in the region, raising fears of a major energy crisis.
Editor’s Note: If Iran blocks the Strait, it’s not just about higher gas prices—it could send shockwaves through the global economy. Nearly a third of the world’s seaborne oil passes through this narrow channel, so any disruption would hit everything from shipping costs to inflation. This isn’t just a market scare; it’s a real risk that could leave wallets feeling a lot lighter.
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‘You Have No Idea What You Own’: Bitcoiners Slam Sellers as BTC Wobbles Amid Middle East Conflict
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Traders watch XRP, ETH, SOL and HYPE now that Bitcoin trades below $100K
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Bitcoin just dipped below the $100,000 mark, dragging other major cryptocurrencies like Ethereum (ETH), XRP, Solana (SOL), and the up-and-coming HYPE down with it. But traders aren’t hitting the panic button just yet—some are betting on a rebound soon.
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Texas just made a big move in the crypto world—it’s now the third U.S. state to officially create a Bitcoin reserve fund. The new law, signed under the pro-crypto Trump administration, adds Bitcoin to the state’s financial strategy, signaling a growing embrace of digital assets at the government level.
Editor’s Note: This isn’t just about Texas stocking up on Bitcoin—it’s a sign that major institutions are starting to treat crypto as a legitimate part of financial planning. With more states jumping in, it could push wider adoption or even influence federal policy down the line. Whether you’re a crypto fan or skeptic, this is a story worth watching.

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