Author: driver789

Bitcoin price pushed back toward the top of its recent range after a burst of geopolitical headlines tied to Donald Trump and tensions around the Strait of Hormuz. The Bitcoin price touched $70,271 before easing to about $69,300, extending a move that triggered large liquidations across derivatives markets. Data from Bitcoin Magazine Pro and CoinGlass shows about $255 million in positions were wiped out over a 24-hour period, with short sellers accounting for the bulk of losses. The move followed a series of conflicting statements from Trump, who threatened strikes on Iranian infrastructure while also signaling that negotiations could produce…

Michael Saylor’s Strategy, the world’s largest publicly listed holder of Bitcoin, resumed buying BTC last week after reporting no purchases in the final week of March.Strategy acquired 4,871 Bitcoin (BTC) for $329.9 million last week, according to an 8-K filing with the US Securities and Exchange Commission on Monday.The purchases were made at an average price of $67,718 per coin, below the company’s overall average acquisition price of $75,644. The new acquisitions bring Strategy’s holdings to 766,970 BTC, acquired for a total cost of around $58 billion.Source: SECIn addition to the purchase update, Strategy also reported its first-quarter financial results,…

Michael Saylor’s Strategy (MSTR) added 4,871 bitcoin to its treasury over the past week at an average price of roughly $67,718 per coin, spending approximately $329.9 million, according to a Monday filing.The purchase brings total holdings to 766,970 BTC acquired for $58.02 billion at an all-in average cost basis of $75,644. At bitcoin’s current price near $69,120, the entire position is underwater by roughly 8%, or about $5 billion in unrealized losses on paper.Last week’s purchases were mostly funded through $227.3 million in sales of the company’s STRC preferred stock. The remainder was funded with $72 million of sales of…

Onchain perpetual futures trading has cooled for five straight months since peaking in October 2025.Perp volume on decentralized exchanges (DEXs) fell to $699 billion in March 2026 from October’s $1.36 trillion, according to DefiLlama data.The decline has been steady across the period, with volumes slipping through November and December before losses extended through the first quarter of 2026. Daily activity also shows signs of softening. On April 4, perp DEX volume fell to $8.4 billion, the first time it dropped below $10 billion since Sept. 6, 2025. This also marks the lowest level since July 5, 2025, according to DefiLlama. The trend…

With Bitcoin trading near $69,000, Strategy is sitting on an unrealized loss on its large cryptocurrency holdings, yet the company’s founder shows no sign of pulling back. Related Reading Saylor’s Orange Dot Returns Michael Saylor posted what followers recognized immediately: the orange dot chart his company uses to signal a fresh round of Bitcoin buying. The post, shared on X over the weekend, came with a simple caption — “back to work” — after Strategy sat out the previous week without making a single purchase. The company is expected to confirm the exact amount acquired when it releases its weekly…

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…

China’s tax and financial regulators on Monday urged banks and local authorities to use blockchain and privacy computing to upgrade the “bank-tax interaction” model and expand financing for small businesses.The State Administration of Taxation and National Financial Regulatory Administration said in a joint policy notice that banks and taxpayers should standardize data sharing and reduce information asymmetry between tax authorities, banks and enterprises.The report also urged banks to improve credit models, enhance credit approval efficiency and increase the supply of financing services to “honest, tax-paying enterprises.”The directive aligns with China’s broader effort to integrate blockchain into data infrastructure, following a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst, who publishes technical analysis to his audience on X, has released a zoomed-out weekly Ethereum chart that interprets the current price weakness as the final stage of a multi-year accumulation cycle. As it stands, the Ethereum price is trading around $2,100 and 57% below its peak. Therefore, the technical analysis is suggesting that the cryptocurrency is in an accumulation zone, one that is setting up a price move to as high as $20,000. The Accumulation Blueprint Playing Out On ETH’s Weekly Chart The weekly ETH/USDT…

Tokenization, the representation of real-life assets on a blockchain, could reshape both crypto markets and traditional finance, while introducing new risks that regulators are not yet equipped to manage, according to the International Monetary Fund (IMF). In a new report, the IMF described tokenization as more than a technical upgrade to markets. By moving assets like money, bonds and funds onto shared blockchains, transactions can settle instantly, cutting out intermediaries and reducing delays that define today’s markets.The IMF says the “atomic settlement” that tokenization brings to the financial world could lower counterparty risk and force firms to manage liquidity in…

Bitcoin and Ethereum prices are still trending low coming out of the weekend, and there is the possibility that this could continue this new week. A number of developments have hit the crypto market recently that could deepen the already negative sentiment surrounding the crypto industry. Thus, with Bitcoin and Ethereum being the foremost digital assets in the space, they could be hit first by the wave of negative news coming out of the market. US-Iran War Is Far From Over: Bitcoin, Ethereum Prices Could Crash Back in February 2026, the United States had attacked Iranian military forces, leading to…