Tag: Hormuz

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BTC eyes sustained breakout above $76,000 on Strait of Hormuz opening

The price of bitcoin BTC$77,345.21 has again pushed above $76,000 alongside about a 10% plunge in the price of crude oil on an apparent...

Bitcoin, Altcoins Soar After Iran Opens Strait of Hormuz

Key points:Bitcoin soared above $76,000, opening the doors for a further rally toward $84,000.Several major altcoins are showing strength, signaling broad-based buying by the...

Why Iran Wants Bitcoin For Safe Passage Though The Strait Of Hormuz

Iran’s grip over the Strait of Hormuz, one of the most important oil maritime transit choke points, remains firm. FT reported last...

Bitcoin Surfs $70,000 as Markets Weather New Hormuz Oil Route Blockade

Bitcoin (BTC) held $70,000 at the weekly close as markets reacted to a breakdown in US-Iran negotiations and escalating tensions around the Strait of...

Bitcoin Down, Oil Up Amid US Strait of Hormuz Blockade

US President Donald Trump said Iran did not want to compromise its nuclear weapons program, stating it was the only issue that “really mattered.”Cointelegraph...

Oil jumps 7% after Trump orders naval blockade of Hormuz; bitcoin (BTC) extends losses

Oil futures surged on Hyperliquid after President Donald Trump ordered a naval blockade of the Strait of Hormuz, a major global supply chokepoint. The...

Bitcoin Community Weighs Reports of Hormuz Oil Tanker Fees Payable in BTC

The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the...

Iran To Accept Bitcoin For Strait Of Hormuz Transit

Iran plans to require shipping companies to pay transit tolls in Bitcoin for vessels passing through the Strait of Hormuz, according to...

Iran is Weighing Crypto Tolls for Ships using Strait of Hormuz: Report

Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait...

BTC climbs off of worst levels on Strait of Hormuz hopes

The Nasdaq mostly erased an early 2% loss Thursday after reports that Iran is drafting a protocol with Oman to manage traffic through the...