Financial Times editor and columnist Ed Luce warned President Donald Trump's being forced to confront the consequences of his actions in Iran and he's responding poorly, Luce added. When oil prices surged above $120 per barrel after the Gulf of Hormuz closed, Trump panicked and began reassuring markets the war would end soon, effectively revealing his negotiating position to Iranian leadership.
Luce characterized this as a "big reveal," explaining Iran now understands Trump expected a quick 12-day conflict and is unprepared for prolonged engagement. The analyst argued that Iran likely has greater pain tolerance than Trump and now possesses a strategic advantage without needing advanced military capabilities. Trump's public messaging about ending the war quickly undermined his negotiating strength and provided Iran crucial intelligence about his willingness to exit the conflict.
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Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash. Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more
