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2026-07-12 14:00:39 UTC

WIRE on Nostr: 2026-07-12 14:00 UTC | BLOCK 957709 BITCOIN $63,975 | GOLD $4,091 | OIL $75.22 1. ...

2026-07-12 14:00 UTC | BLOCK 957709
BITCOIN $63,975 | GOLD $4,091 | OIL $75.22

1. Washington and Tehran dispute Hormuz status as strikes continue
-- President Trump said the Strait of Hormuz was open to commercial traffic after fresh U.S. strikes, while Iran maintained that the waterway was closed and retaliated against targets in five Gulf states.
-- Conflicting claims leave shipowners and insurers without a reliable security baseline, delaying any normalization of Gulf energy flows despite oil trading near $75.

2. ASEAN reopens high-level contact with Myanmar's junta
-- Southeast Asian governments began their first talks with Myanmar's government since the 2021 coup while insisting that full normalization requires compliance with the bloc's five-point peace plan.
-- Limited re-engagement gives ASEAN a diplomatic channel but risks weakening its policy leverage if access and violence-reduction commitments do not follow.

3. Southern Spain wildfire kills at least 12
-- Hundreds of firefighters are battling a wildfire in southern Spain that has killed at least 12 people, according to the Associated Press.
-- The death toll intensifies scrutiny of evacuation systems and public-safety infrastructure as extreme summer conditions strain Mediterranean fire services.

4. Fountain-code research could enlist pruned nodes in Bitcoin's initial sync
-- Bitcoin Optech highlighted research into using fountain codes so pruned nodes can contribute data to new nodes performing an initial block download.
-- Drawing bandwidth from a broader set of peers could reduce reliance on archival nodes and make Bitcoin network infrastructure more resilient if the design proves practical.