Tag: Strait

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Iran Launches Bitcoin-Settled Insurance Platform for Hormuz Strait Shipping

Iran has unveiled Hormuz Safe, a Bitcoin-backed insurance service enabling shipping companies to obtain coverage for transiting the Strait of Hormuz.Iran has launched Hormuz...

Iran Launches Bitcoin-Backed Insurance Service For Strait Of Hormuz Shipping, Eyes $10B In Revenue

Iran is reportedly launching a bitcoin-settled maritime insurance platform called Hormuz Safe, targeting cargo owners and shipping companies that transit the Strait...

Iran Launches Bitcoin Payment Platform For Strait Of Hormuz

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Iran has launched a new maritime insurance platform for cargo moving through...

Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say

State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.

Crypto Prices Drop On The Weekend As Iran Shuts Strait Of Hormuz Again

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market suffered a slight dip on Saturday, April 18th, after...

Bitcoin Price Charges Past $77,000, Iran Says Strait Open

Bitcoin price soared above $77,000 this morning after Iran declared the Strait of Hormuz completely open under a new ceasefire framework and...

Bitcoin Tops $77K as Iran Declares Strait of Hormuz Open

Update (4.17.26 6:43 PM UTC): This article has been updated to reflect updated BTC prices and rally data.Iran’s foreign minister said Friday that the...

Bitcoin Touches $78,000 As Iran Declares Strait of Hormuz ‘Completely Open’

A geopolitical breakthrough and strong ETF inflows converged to lift crypto markets on Friday.Bitcoin climbed back above $77,000 on Friday after Iran declared the...

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 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...