News

1. Goldman Sachs stated in its latest report that it has set the real-time risk premium for crude oil prices at $18 per barrel. This assessment corresponds to the bank’s calculation of the impact if oil tanker traffic through the Strait of Hormuz were completely interrupted for six weeks. This risk premium is equivalent to the market pricing in a global supply disruption of 2.3 million barrels per day for a year.2. Goldman Sachs’ premium assessment is based on a 15% surge in IG Group’s WTI retail prices over the weekend. The report points out that although current risk forecasts are trending upward, history shows that price spikes driven by geopolitical shocks or temporary supply interruptions may be short-lived.3. The Strait of Hormuz is one of the world’s most important oil transportation corridors. The current US-Iran conflict has led to heightened tensions in the region, with more than 200 vessels stranded and war risk insurance rates facing significant increases. Goldman Sachs’ analysis provides a quantitative reference for the market to assess the potential impact of geopolitical risks on oil prices.

Jinse Finance reported that a US-listed Bitcoin treasury company, which holds 3,723 bitcoins, is currently embroiled in an intense shareholder dispute. The third largest shareholder, Tice P. Brown, who holds a 10.3% stake, has publicly demanded the resignation of the company's Co-CEO Ryan Lane and the board of directors, and has advocated for the sale of all Bitcoin assets with the cash to be returned to shareholders. Brown accused the management of poor governance, alleging that employees were allowed to conduct large-scale "intraday trading" of Bitcoin derivatives. The company, however, denied these allegations, stating that selling all Bitcoin would harm its long-term strategic value.

Jinse Finance reported that Slovak Bitcoin developer and Rust Bitcoin library maintainer Martin Habovštiak has released a proof of concept, directly writing a 66kB TIFF image file into the Bitcoin blockchain through a single transaction without using OP_RETURN, Taproot, or OP_IF. This transaction can be publicly verified on-chain and decoded into a complete image file. This experiment is seen as a direct challenge to Luke Dashjr's proposed "anti-spam" soft fork BIP-110. The proposal (formerly BIP-444) aims to limit the size of on-chain data writes, with supporters arguing that such data storage behavior deviates from Bitcoin's core positioning as "currency."