Author: driver789

Bitcoin price jumped past $75,000 on Wednesday as traders recalibrated what the asset represents in the wake of the Iran conflict and an unusually stretched derivatives market. Price action, positioning data, and a real-world test of bitcoin as a settlement rail now point to a market that values the token as more than a volatile wager on tech risk. Bitcoin price traded around $74,000 to $75,000 on April 15, extending a rebound that began after a February low near $60,000. The move leaves the asset up roughly 23% from that trough and about 3% on the week, even as broader…

Key takeaways:Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery.Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally.Ether (ETH) price managed to sustain above $2,300 on Wednesday, distancing itself from the $1,940 lows seen on March 29. The recent rally has caused ETH futures open interest to reach $25.4 billion, indicating increased demand for leveraged positions. The movement suggests a potential turn in momentum for ETH bulls after 10 weeks of failed attempts to reclaim the $2,400 level.ETH futures aggregate open interest, USD. Source: CoinGlassTo determine…

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…

The crypto’s industry emerging political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in backing, and it’s so far booked $3 million in ad services through a company co-founded by Tether US CEO Bo Hines.The super PAC is focusing its support on Republican politicians in races for Congress and a governorship, and it so far gathered $10 million from Cantor Fitzgerald and $1 million from crypto bank Anchorage Digital, according to Federal Election Commission filings released Wednesday. Its initial $3 million spent toward political advertising for its favored candidates has gone to Nxum Group,…

The ETH/BTC ratio climbed to 0.0313 on Wednesday, its strongest reading since January, as record Ethereum network activity and a $180 billion stablecoin milestone signal a potential shift in market momentum. Summary The ETH/BTC ratio reached 0.0313, recovering from a 2026 floor of 0.028 in February, though it remains well below the January 18 peak of 0.038. Ethereum added 284,000 new users in Q1 2026, an 82% quarterly jump, while stablecoin supply on the network hit a record $180 billion. Analysts say a weekly close above 0.035 is required to confirm durable rotation into ETH rather than a short-term bounce.…

Bitcoin is consolidating around the $74,000 level after a stretch of bullish price action that has brought buyers back into the market and renewed optimism around a broader recovery. While price momentum remains the focus for most traders, an important structural development is quietly unfolding on the supply side — one that could play a meaningful role in determining whether the current strength holds or fades. Related Reading According to an Arab Chain report, the Miners’ Position Index has moved into negative territory, recording a reading of approximately -0.83. That reading reflects a clear shift in miner behavior: rather than…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BlackRock, the world’s largest asset manager, is accumulating Bitcoin (BTC) and Ethereum (ETH) once again, as institutional demand for crypto-based Exchange-Traded Funds (ETFs) ramps up. The move comes despite ongoing market volatility and heightened bearish sentiment, highlighting how institutional appetite for crypto exposure remains firm even as fear and uncertainty spread across the market. BlackRock Ramps Up Bitcoin And Ethereum Buying From April 6 to 10, BlackRock recorded a strong wave of inflows into its spot crypto ETFs, highlighting sustained institutional demand for digital assets. The recent…

Tether, issuer of the world’s largest stablecoin USDT, moved 951 bitcoin valued at $70.5 million into a reserve wallet linked to its treasury operations, according to on-chain data from blockchain analytics firms including Arkham Intelligence. The transfer originated from a Bitfinex hot wallet and landed in an address labeled as a Bitcoin reserve account tied to the company. The transaction aligns with a profit allocation policy introduced in 2023 in which Tether assigns 15% of net realized profits toward Bitcoin purchases each quarter. The approach converts revenue from stablecoin issuance into a growing Bitcoin position held on the company balance…

Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election.In a Wednesday notice, Sentinel Action Fund, a group that claims to be the “only conservative Super PAC advancing pro-crypto candidates and supporting pro-crypto innovation,” said it would be supporting Republican Jon Husted in this year’s race to represent Ohio in the US Senate. Husted was appointed by Ohio Governor Mike DeWine in January 2025 to replace JD Vance, who was elected vice president alongside US President Donald Trump in his 2024…

Sponsored ContentSandwich attacks cost Ethereum users an estimated $60 million per year. Transactions broadcast to the public mempool are publicly visible before inclusion, which gives MEV bots the ability to affect the order of transactions and insert their own for profit. This problem has persisted on some level in spite of years of discussion and various out-of-protocol mitigation attempts.Encrypting mempool transactions would be one of the most compelling solutions to prevent MEV. While this idea has been actively discussed for years, it has not yet been implemented at the protocol level. In our earlier research, we examined several proposals based…