Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, Bitcoin surged above $76,000 as oil futures fell 10% after Iran’s foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the US, Israel and Iran, the Ethereum Foundation shared details of the Ketman Project that it funded, which identified 100 North Korean operatives working in the crypto space, and US CFTC Chair Michael Selig said the vacancies of four other commissioners at the agency won’t slow the regulator’s rulemaking.

Iran’s foreign minister said Friday that the Strait of Hormuz is open to commercial vessel traffic for the remainder of the current ceasefire, prompting quick market reactions.

“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed Abbas Araghchi in a Friday X post.

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