Author: driver789

The Bitcoin price remains in a narrow but pivotal trading range near $67,000–$68,000, with the market wrestling between sustained consolidation, escalating downside risk, and thematic narratives from technical and fundamentals that frame the near term.  Current live data tracking from Bitcoin Magazine Pro shows the Bitcoin price trading below $68,000, with slight declines over the last 24 hours reflecting a lack of dominant drivers in either direction. “Macro news has been closely correlated with crypto’s risk profile the last 12 months,” said Paul Howard, senior director at market maker Wincent, according to Bloomberg.  Howard said Bitcoin may enter a consolidation…

Ethereum climbed back above $2,000 after a softer-than-expected US CPI print, and the move has traders and analysts debating whether the worst is behind the coin or if this is a temporary relief rally. Reports say futures open interest has fallen sharply over the last 30 days, funding rates have swung into deeply negative territory, and some on-chain metrics point to a clustered support zone below current prices. Open Interest Drop Raises Questions According to CryptoQuant, the headline figure showing an 80 million ETH decline in open interest across major venues grabbed attention. That number, if taken at face value,…

European Central Bank (ECB) President Christine Lagarde is considering leaving before her eight-year term ends in October 2027, the Financial Times reported, citing a person “familiar with her thinking.” Lagarde, who took office in November 2019, is said to be weighing an early exit ahead of France’s April 2027 presidential election so that outgoing President Emmanuel Macron and German Chancellor Friedrich Merz can agree on a successor, the FT reported Wednesday.An ECB spokesperson pushed back on the report, telling Cointelegraph: “President Lagarde is totally focused on her mission and has not taken any decision regarding the end of her term.”ECB navigates…

BlackRock has sharpened the staking posture for its iShares Staked Ethereum Trust ETF (ETHB), outlining a plan to keep most of the fund’s ETH staked and earning rewards rather than held in custody.In its latest amended filing, the sponsor said that under normal market circumstances, it would seek to keep 70% to 95% of the fund’s ETH staked.The remainder would sit in what it calls a Liquidity Sleeve, an unstaked buffer designed to handle day-to-day creations, redemptions, and expenses.The change clarifies the product’s intent. ETHB packages spot ETH exposure into an exchange-traded fund while also incorporating Ethereum staking within the…

Investment manager Brevan Howard’s cryptocurrency fund fell almost 30% last year as the bitcoin BTC$67,379.41 bull run faltered, the Financial Times (FT) reported on Wednesday.The BH Digital Asset fund lost 29.5% of its value, its worst performance in a calendar year since its inception in 2021, according to the report, which cited people familiar with the fund’s performance. The fund underperformed bitcoin, which lost 6% in the period.BH Digital Asset, which invests in crypto tokens and digital asset-related companies, enjoyed gains of 43% and 52% in 2023 and 2024, respectively, as the crypto market recovered from the lows of 2022…

Bitcoin remains stuck below the $70,000 mark, a level that once served as a crucial floor for the cryptocurrency but has now turned into its most significant near-term barrier.  After losing that support, the asset has struggled to regain momentum, and analysts warn that a combination of macroeconomic uncertainty and weak buying pressure could push the asset back into the $50,000 range — a level not seen since September 2024. Iran Tensions, Fed Uncertainty And ETF Withdrawals Market sentiment has noticeably deteriorated in recent weeks. “Sentiment is clearly bleak in crypto markets,” said Noelle Acheson, author of the Crypto is…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

Strategy, the bitcoin treasury company led by Executive Chairman Michael Saylor, purchased $168.4 million in bitcoin last week, continuing its long-running accumulation strategy despite ongoing volatility in the crypto market. The company disclosed that it acquired 2,486 BTC over the past week, expanding its already sizable holdings. The company’s total bitcoin reserves now stand at 717,131 BTC, making it one of the largest corporate holders of bitcoin globally. According to the company, the full position has been accumulated for $54.52 billion, representing an average purchase price of $76,027 per bitcoin.  With bitcoin currently trading around $68,000, Strategy’s holdings sit below…

Ethereum’s correction appears to be accelerating, with price sliding toward the critical $1,900 support level and futures sentiment hitting its most bearish reading in three months. Summary Ethereum price is under pressure across all major timeframes, with structure still tilted to the downside. Futures traders are increasingly defensive, as aggressive selling begins to dominate derivatives flows. The $1,900 level now stands as a pivotal support; holding it could stabilize price, while a break may accelerate losses. At press time, Ethereum was changing hands at $1,958, marking a 6.4% drop in the last 24 hours as continued selling dragged prices lower.…

The US state of Nevada has sued Kalshi after the prediction market company lost its court challenge to stop the state’s regulator from taking action over its sports prediction markets.The US Court of Appeals for the Ninth Circuit on Tuesday denied Kalshi’s bid to stop Nevada’s gaming regulator from taking action on its sports event contracts, removing a block on the regulator launching a civil suit against the company.After the decision, the Nevada Gaming Control Board promptly filed a civil enforcement action in state court against Kalshi, which it said sought to block the company “from offering unlicensed wagering in…