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Strait of Hormuz open for commerce amid talks of Iran deal; US denies missile shortages.

Market News
04 Aug 2026
CNBC
View Source
Neutral
Strait of Hormuz open for commerce amid talks of Iran deal; US denies missile shortages.

The U.S. Central Command confirmed the southern route of the Strait of Hormuz remains open for commercial shipping despite Iranian aggression, following U.S. Treasury Secretary Scott Bessent's statement that a deal with Iran to reopen the Strait may happen soon. Oil prices fell sharply but later stabilized after these remarks. Meanwhile, the White House and Pentagon denied reports of depleted U.S. missile stockpiles during the Iran conflict, asserting ample munitions availability. Talks involving Iran, Oman, and Pakistan, with indirect U.S. involvement, are reportedly close to finalizing an agreement to reopen the strategic waterway, which is vital for global oil shipments.

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Blockstream refuses ransom for 598.5 BTC after Liquid Network hack, vows to recover remaining funds legally.

Blockstream refuses ransom for 598.5 BTC after Liquid Network hack, vows to recover remaining funds legally.

Blockstream has declined to pay a ransom for about 598.5 BTC still held by hackers following a Liquid Network exploit that initially saw nearly 4,000 BTC stolen. After the hackers returned 3,400 BTC, Blockstream rejected their claim of white-hat acti...

Market News
Bearish
4 hours ago
Blade Resources lists on CSE; Prismo Metals holds 24% stake and expects Hot Breccia drilling soon

Blade Resources lists on CSE; Prismo Metals holds 24% stake and expects Hot Breccia drilling soon

Blade Resources has been approved to list its shares on the Canadian Securities Exchange, with trading starting around September 14, 2026. Prismo Metals owns 6,755,000 shares, representing about 24% of Blade, following a transaction involving the Hot...

Company Fundamentals
Bullish
4 hours ago
Bitcoin could hit $400,000 by 2030, says Coinbase CEO, citing market cycles and upcoming catalysts.

Bitcoin could hit $400,000 by 2030, says Coinbase CEO, citing market cycles and upcoming catalysts.

Coinbase CEO Brian Armstrong predicts Bitcoin may reach $400,000 by 2030, a 420% increase from current levels, based on its four-year cycle pattern and recent market bottom. Key upcoming events like the CLARITY Act vote and the next Bitcoin halving s...

Market News
Bullish
4 hours ago
Ripple enhances its $1B treasury platform with AI agents for smarter, human-approved financial management.

Ripple enhances its $1B treasury platform with AI agents for smarter, human-approved financial management.

Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...

Protocol Fundamentals
Bullish
4 hours ago
Gemfields' emerald auction nets $29.6M with record price per carat and full sell-through.

Gemfields' emerald auction nets $29.6M with record price per carat and full sell-through.

Gemfields Group Limited held a commercial-quality emerald auction from August 24 to September 10, 2026, generating $29.6 million in sales. The auction achieved a record average price of $9.72 per carat, up from $7.46 in the previous sale, despite sel...

Market News
Bullish
4 hours ago
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