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JUST IN: US February core PCE inflation rose 0.4% month over month and 3.0% year over year, matching estimates.
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JUST IN: 🇺🇸 Treasury Secretary Bessent says crypto is a "technology the world is adopting."
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JUST IN: Traders placed $950,000,000 in bets on oil prices falling just hours before President Trump announced ceasefire with Iran.
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ADAM BACK: I'm not satoshi, but I was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash, hence my ~1992 onwards active interest in applied research on ecash, privacy tech on cypherpunks list which led to hashcash and other ideas.
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BREAKING: New York Times article, published today, concludes that Adam Back, a 55-year-old British computer scientist and cryptographer, is Satoshi Nakamoto.
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JUST IN: 🇮🇷 Iranian Foreign Minister Araghchi officially announces "safe passage through the Strait of Hormuz" will be granted for 2 weeks.
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BREAKING: US oil prices extend losses to $97.50/barrel, now down -20% in 8 hours, after President Trump announces a 2-week ceasefire with Iran.
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IRAN ACCEPTED PAKISTAN'S TWO-WEEK CEASE-FIRE PROPOSAL FOLLOWING FRANTIC DIPLOMATIC EFFORTS BY PAKISTAN AND LAST-MINUTE INTERVENTION BY CHINA: NYT
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TRUMP: WE ARE VERY FAR ALONG WITH A DEFINITIVE AGREEMENT CONCERNING LONGTERM PEACE WITH IRAN
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TRUMP: ALMOST ALL OF VARIOUS POINTS OF PAST CONTENTION HAVE BEEN AGREED TO BETWEEN UNITED STATES AND IRAN
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TRUMP: WE RECEIVED A 10 POINT PROPOSAL FROM IRAN, AND BELIEVE IT IS A WORKABLE BASIS ON WHICH TO NEGOTIATE
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*TRUMP TO SUSPEND BOMBING, ATTACK OF IRAN FOR TWO WEEKS
*TRUMP: SUSPENSION SUBJECT TO IRAN OPENING STRAIT OF HORMUZ
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Trump: Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks. This will be a double sided CEASEFIRE! The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East. We received a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate. Almost all of the various points of past contention have been agreed to between the United States and Iran, but a two week period will allow the Agreement to be finalized and consummated. On behalf of the United States of America, as President, and also representing the Countries of the Middle East, it is an Honor to have this Longterm problem close to resolution. Thank you for your attention to this matter! President DONALD
