updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Iran has announced that it will completely reopen the Strait of Hormuz to commercial vessels after Israel and Lebanon agreed to a 10-day ceasefire, further cementing the ceasefire between the U.S. and Iran. Bitcoin rallied on the back of this development, rising above the psychological $76,000 level. Ad Ad Iran To Reopen The Strait Of
The post Bitcoin Rallies as Iran Reopens Strait of Hormuz After Israel-Lebanon Ceasefire appeared first on CoinGape.
]]>US President Donald Trump took to Truth Social to announce that the Strait of Hormuz is now fully open for passage — a declaration that came hours after Iran’s Foreign Minister, Abbas Araghchi, confirmed the waterway would be unblocked for all commercial vessels during the remaining period of the US-Iran ceasefire.
Bitcoin reacted fast. The leading cryptocurrency jumped sharply after Araghchi’s announcement and rose above $76,000 — its highest mark since February. At the time of reporting, it was trading around $76,612, up more than 2% on the day, according to TradingView data.
Trump had expressed optimism the previous day that the war with Iran would soon end. His Truth Social post citing Iran’s announcement added weight to what was already a significant shift in the region’s security posture.
“The Strait will be open for the period of the remaining US-Iran ceasefire, which expires on April 22,” Foreign Minister Abbas Araghchi said.
The ceasefire between the US and Iran has a hard deadline — April 22. The Strait reopening is tied to that window, and Iran’s Ports and Maritime Organization has already announced a coordinated route that vessels will be required to follow.
The decision to reopen the Strait did not happen in isolation. Iran had long maintained that Lebanon was part of the conditions it agreed to in its ceasefire with the US.
When Israel and Lebanon struck a 10-day ceasefire deal, it cleared a key condition for Iran to act. The Lebanon agreement, in effect, opened the door for the Hormuz announcement.
That chain of events — Lebanon deal, then Hormuz reopening, then Bitcoin rally — unfolded within a compressed period, catching markets mid-session. The crypto market responded across the board, with broader sentiment lifted by reduced tensions in the Middle East.
The Strait of Hormuz is one of the world’s most critical shipping lanes. A significant share of global oil exports passes through it. Any closure or threat of closure tends to rattle energy markets and risk assets alike. Its reopening, even on a temporary basis, removes one source of uncertainty for traders.
The current arrangement has a short shelf life. The ceasefire between the US and Iran expires in five days. Whether it gets extended — and whether the Strait remains open past that point — depends on negotiations that are still ongoing.
Reports indicate that Iran views the Lebanon ceasefire as validation of its broader position in the talks. A resolution to the wider conflict, if reached, would likely be seen as a positive signal for Bitcoin and the broader crypto market. For now, the price reaction suggests traders are pricing in a degree of cautious optimism.
No formal extension to the US-Iran ceasefire has been announced.
Featured image from SeaTradeMaritimeNews, chart from TradingView
Bitcoin (BTC) price pushed to $74,425 on 16 March, marking its strongest level since early February as a shift in the Middle East conflict improved risk appetite across markets. The move came after Iran’s new supreme leader, Mojtaba Khamenei, confirmed the Strait of Hormuz would remain open to all nations except the United States and
The post PrimeXBT: Bitcoin tests February highs as Iran partially reopens the Strait of Hormuz; key levels to watch appeared first on CoinGape.
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Webull Corp has reintroduced cryptocurrency trading services to its US customers, starting August 25, 2025.
Notably, the platform supported crypto trading until 2023.
However, regulatory uncertainty and IPO plans forced Webull Pay to become an independent entity.
According to today’s press release, the platform has relaunched trading services.
US users can now buy, sell, and trade digital coins like Bitcoin, Solana, and Ethereum.
JUST IN:
Webull to allow U.S. customers to buy Bitcoin and crypto again.
They previously dropped the service due to regulatory concerns in 2023. pic.twitter.com/fr5YgsxzmG
— Bitcoin Archive (@BTC_Archive) August 25, 2025
For users, the crypto trading resumption feels like a homecoming and a new feature.
Webull CEO Anthony Denier commented on the crypto relaunch, stating:
Our Mission has always been to deliver a streamlined, user-centric investing experience. By integrating crypto trading into the Webull app, we are making it easier for customers to access and manage their entire portfolio, whether they’re trading stocks, options, or digital assets.
The US reopening comes after Webull relaunched cryptocurrency trading services to users in Brazil in June.
The company used the Brazil comeback to highlight its intent to rejoin the fast-moving crypto industry.
Denier termed it an initial phase of a global push plan to offer clients advanced tools for long-term growth and investment management.
Webull’s return to the United States’ cryptocurrency scene isn’t an accident.
The regulatory atmosphere in America has changed since Donald Trump’s victory.
Digital asset entities faced intensified scrutiny under the Biden administration.
Even Webull’s CEO declared that legal uncertainty surrounding crypto at the time partly delayed the firm’s IPO efforts.
However, everything changed since Trump’s inauguration in January.
He promised to make America the hub for digital currency undertakings.
Trump appointed Paul Atkins to replace anti-crypto Gary Gensler, who limited the sector’s growth with unclear policies.
Also, the latest GENIUS law made the US a lucrative nation for crypto activities.
Webull users in the United States will access over 50 assets, including BTC, ETH, and SOL, at launch.
The platform plans to add more digital tokens and markets in the coming months.
For now, Webull’s over 24 million international customers can enjoy a one-stop venue for managing crypto holdings and traditional investments.
With that, individuals no longer have to depend on many platforms for their digital investments.
That aligns with Webull’s vision of becoming a one-stop shop, allowing investors to manage traditional and crypto assets.
For investors, the timing remains crucial.
Besides the softening regulatory climate in the US, Webull has relaunched amid bullish markets.
Cryptocurrencies have gained popularity in recent months, with most tokens outshining the financial landscape with significant rallies.
Webull Pay CEO Stephen Yip stated that rising crypto popularity fueled their service relaunch.
He said:
Cryptocurrencies have become an essential part of today’s diversified investment strategy. We are excited to again offer crypto trading through Webull to deliver a more unified and convenient experience that reflects how modern investors want to manage their portfolios.
Bitcoin trades at $112,000 after an over 75% increase in the past year. Analysts expect it to close 2025 above $150,000.
Also, Webull’s comeback coincides with the community bracing for a potential altcoin season, which could translate to significant gains for investors.
In the second quarter of 2021, Virgin Galactic reported a net loss of $94 million compared to $72 million reported during the second quarter of 2020.
Virgin Galactic Holdings Inc (NYSE: SPCE) announced Q2 2021 financial results on August 5. After suffering notable headwinds in the past few months, the company was finally successful in taking its space flight. After closing yesterday trading at $31.53, up 2.44%, SPCE stock had added approximately 3.39% during the pre-market trading session to trade around $32.60.
Having successfully launched its flights to space, Virgin Galactic announced the reopening of ticket sales, whereby one will be starting at $450,000.
“In the second quarter, we made meaningful progress towards commencing commercial service in 2022. We successfully completed two spaceflights from New Mexico — the latest carrying a full crew of mission specialists in the cabin and garnering an extraordinary global media and consumer response. In addition, we received FAA approval to expand our existing launch license, marking the first time the FAA has licensed a Spaceline to fly customers to space,” said Michael Colglazier, Chief Executive Officer of Virgin Galactic. “Leveraging the surge in consumer interest following the Unity 22 flight, we are excited to announce the reopening of sales effective today, beginning with our Spacefarer community. As we endeavor to bring the wonder of space to a broad global population, we are delighted to open the door to an entirely new industry and consumer experience.”
In the Q2 of 2021, Virgin Galactic reported a net loss of $94 million compared to $72 million reported during the second quarter of 2020. Additionally, the total amount of cash paid for capital expenditure came in at $1 million compared to the same quarter last year when the company reported $6 million.
Notably, the GAAP research and development expenses came in at $36 million, $1 million less to the same quarter last year. On the other hand, the non-GAAP research and development expenses for the second quarter came in at $31 million compared to $34 million in Q2 2020.
Worth noting, as of June 30, 2021, the company has a cash equivalent of $552 million. However, the company remains under Covid-19 constraints and is operating under strict protocols provided by the CDC.
Forward, the company is optimistic the core operations will grow further in the third quarter. Moreover, there is a notable demand in the private sector seeking to travel to space and experience the breathtaking view from above.
SPCE stock has added approximately 72.77%, 32.87%, and 60.79% in the past year, seven months, and three months respectively through Thursday according to metrics provided by MarketWatch.
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