After the catastrophe of the Ukraine war, the world is once again shocked by the Israel war, with even the mainstream media now reporting more and more often about the even greater danger of a third world war. Added to this is China, which now has its chance against its biggest competitor, which could be hit particularly hard by BRICS, separation from the US dollar, excessive debt, internal conflicts and a nation that is increasingly being taken less seriously as a world power. Could the recent revival of “Arab NATO” revive the spirit of the Ottoman Empire and further escalate the conflict? What role do cryptocurrencies play in this scenario? Are they the big winners or losers? Don’t miss it!
The military situation of the Israeli war
After initial conflicts for countless years and dissatisfied Palestinians, on October 7, 2023, according to Orbs from Israel, thousands of Hamas terrorists carried out cruel rapes, tortures, burnings, mutilations and beheadings at a hippie festival and in many towns in Israel.
This was the case Thousands of people were brutally murdered, thousands more injured and hundreds kidnapped. The majority of victims are believed to have been innocent civilians, including women, children and infants. The atrocities have shocked nations as well as the crypto market.
The crisis in the Middle East is currently worsening, and Israel is on the verge of one major ground offensive in Gaza, which is riddled with tunnels and terrorists. This comes against a backdrop of a growing humanitarian crisis and intense international interference.
Recent Israeli military strikes in Gaza and attacks on militant groups in Lebanon underscore this The country’s determination to defend its territories.
The situation has that attracted the attention of the international communityincluding the US President Joe Biden. He emphasized his confidence in the Israeli approach and raised the possibility of international summits to resolve the Palestinian issue.
Also the US Secretary of State Antony Blinken is in talks with Egypt and Saudi Arabia to find a way to de-escalate.
Discover the meme battle coin now!
Türkiye positions itself against America and for Palestine
Erdoğan is clearly on the side of Palestine and is increasingly dissatisfied with US support for Israel.
After US Secretary of State Anthony Blinken emphasized his Jewish identity and support for Israel, Erdoğan countered by emphasizing his Muslim identity and support for Palestine.
The Turkish navy has been deployed to the eastern Mediterranean region to conduct military exercises around American aircraft carriers and warships.
The Turkish commitment should be understood as a clear message to the USA. Interestingly, the Turkish Republic of Northern Cyprus is also taking part in these exercises US plans to evacuate US citizens from Israel via southern Cyprus complicated.
Erdoğan also held talks with Iranian President Ibrahim Raisi and made it clear that concrete steps are needed to resolve tensions in the region.
It is suggested that if Iran were to intervene directly in the conflict, it would have the support of Turkey.
One of Europe’s largest military powers appears to not only reject a neutral position in this conflict, but is also prepared to take active military and diplomatic steps to impose its own view under Erdogan.
Invest in revolutionary crypto mining now!
Iran continues to apply pressure and threaten to escalate while ignoring Hamas atrocities
Iran’s foreign minister warned Israel of escalation if it does not end its “aggressions against the Palestinians.” He made it clear that other actors in the region are ready to intervene if Israel does not give in.
Iranian leader Ali Khamenei said: “If the crimes of the Zionist regime continue, no one can stop the Muslims and the resistance forces.”
Relations between Iran and Israel are extremely tense and ideologically charged. Since the Islamic Revolution in 1979, Iran has positioned itself as anti-Israel and anti-Western.
Israel is viewed as a close friend and ally of the United States and therefore an enemy of Iran. Iran has in the past expanded its power and influence in the region through various proxies, such as Hezbollah in Lebanon.
In the current conflict, Iran is threatening to activate these proxies such as Hezbollah or other militias in the region to bind Israel on multiple fronts.
The Iranian Foreign Minister’s statements leave no doubt that Iran is ready to actively intervene in the conflict if Israel does not stop its military operations.
This would be a dramatic step that could further escalate not only the conflict between Israel and the Palestinians, but also geopolitical tensions around the world.
But China could also see its easier chance with Taiwan and Russia its with Ukraine. There are also protests all over the world glorifying violence and even terrorist attacks in order to intimidate the West into not helping Israel.
Get statistical investment advantages with AI now!
The “Arab Defense Treaty”: A long-ignored instrument that could reignite the conflict in the Middle East
JUST IN: The Iraqi Parliament: has called for the activation of the Arab Defense Treaty in response to the ongoing Israeli actions in Gaza.
What is the Arab Defense Treaty?
The Arab Defense Treaty was established in 1950, bringing together several Arab nations with the… pic.twitter.com/dUM5toCtCU
— Mario Nawfal (@MarioNawfal) October 15, 2023
The Iraqi Parliament’s recent vote on… Activation of the “Arab Defense Treaty” could mark a frightening turn in the ongoing clashes between Israel and Hamas, which are reminiscent of the the old Ottoman Empire, which, according to Wikipedia, is said to have kidnapped people as slaves in the 16th, 17th and 18th centuries even from Ireland, Iceland and the Faroe Islands.
The Arab Defense Treaty was established in 1950 and aims to unite several Arab nations in a kind of collective security system, which recently even put aside the former differences between Sunnis and Shiites.
The main premise of the Treaty is to pursue a common defense strategy against aggression against a Member State.
In theory this could lead to one joint military action by the contracting states, similar to the mechanisms of NATO. Member States could Contribute troops, equipment and logistical supportto defend a threatened partner.
Although the treaty has been little used in the past and has remained largely untested, its activation could dramatically escalate the conflict in the region.
He has his Roots in a Pan-Arab ideology, which was far more influential in the 1950s than it is today. In 1961, the treaty underwent further development with the proposal of the “Joint Arab Command” (JAC), a kind of unified military command for the Arab League.
However, Iraq’s engagement and activation of the treaty could be a sign that Arab nations are ready to expand their influence in the region and play a more active role in the Israeli-Palestinian disputes.
For Israel and its allies, this could represent a new and complicated challenge that goes beyond previous bilateral tensions.
The question arises as to whether activation of the Arab Defense Treaty could open the door to broader Arab involvement in the conflict, and what price the region would have to pay for this.
Invest in a unique Web3 AI portal now!
What Israel’s threatened ground offensive in Gaza means for the crypto market
Ideally, all religious and political differences should be resolved, but this will be very difficult given the many previous wars in the Middle East.
Nevertheless, geopolitical instability in the Middle East, particularly growing tensions between Israel and Gaza, could have far-reaching effects on the global economy. For crypto investors, the Middle East crisis could have a double impact.
On the one hand, geopolitical tensions could lead to Investors are turning away from risky assets such as stocks and cryptocurrencies, as was the market’s initial reaction to the war, as was the case in the Ukraine war.
There is also the stock market wisdom on the markets that political stock exchanges have short legs. However, a gradual escalation of the war could cause multiple shocks to the financial markets and the global economy.
On the other hand, the political responses to the crisis, particularly with regard to the financing of militant groups through cryptocurrencies, could Significantly change the regulatory landscape. On the other hand, it will probably be a kind of cat-and-mouse game other cryptocurrencies are used or created.
Growing international concern about the use of cryptocurrencies to finance military conflicts could result in increased regulatory efforts. This, in turn, could put pressure on the crypto market and lead to volatility that worries investors.
Discover “Amazon of AIs” early now!
Certain crypto projects can provide temporary protection in bear markets
Pre-sales are a special option during a bear market. They allow the… Risks of possible price losses are temporarily avoided while at the same time usually benefiting from other returns-increasing effects. Some of them offer staking returns during the presale and profits through gradual price increases in the presale. Some of the most exciting of them currently are Bitcoin Minetrix, TG.Casino and Meme Kombat.
Investing is speculative. Your capital is at risk when investing. This website is not intended for use in any jurisdiction where the trading or investing described is prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence. Therefore, do your own due diligence. This site is free to use, but we may receive commissions from the companies we feature on this site. In addition, the author may have investments in the assets himself, which may create a conflict of interest.
About the author: Simon Feldhusen came into contact with the stock market for the first time 17 years ago and has been intensively involved in the topics of trading, cryptoassets, stocks, P2P, corporate finance, finance and entrepreneurship on a daily basis for more than 8 years. He has also been working as a copywriter and ghostwriter in the financial sector for several years. During this time he has acquired a diversified knowledge through various training courses on the financial markets and following daily news. Since then, not a day goes by without him dealing with the markets. He publishes, among others, for Finanz.net, ETF-Nachrichten.de, Coincierge.de and P2E News.com.