Author: driver789
Crypto is no longer just an asset class, it is also an ever-more critical part of financial infrastructure, says Steve Kurz, Galaxy Digital’s (GLXY) global head of asset management and co-head of digital assets In “The Great Convergence,” the company’s 2026 investment outlook, Kurz sets out a plan that’s pragmatic about what can be done now while staying optimistic about the big picture in the long run.The defining story of this cycle, he argues, is the asset-to-infrastructure transformation.”The convergence of traditional financial rails with crypto infrastructure represents a significant and durable market structure evolution for global financial services,” Kurz told…
Coinbase, the largest US-based crypto exchange, is backing a Federal Reserve proposal to grant non-bank financial institutions access to specialized payment accounts. The San Francisco-based exchange submitted a letter to the U.S. central bank advocating for special-purpose Reserve Bank payment accounts. It argued that these accounts are vital for modernizing the nation’s domestic financial infrastructure. Coinbase Challenges Fed Over ‘Restrictive’ Terms for Payment Rails Coinbase argues the proposal would grant fintech and crypto-native firms direct access to the Federal Reserve’s payment rails. This change would allow these entities to utilize the global economy’s core “plumbing” without the need for a…
Over the past week, the Bitcoin price kept on putting in consecutive lows, with barely any hopes in sight for a bullish reversal. However, on Friday, February 13th, the flagship cryptocurrency saw an upward momentum boost, where its value subsequently grew by 5.4%. While this may have been good for short-term traders (specifically scalpers), a troubling future seems to be lying in wait for the premier cryptocurrency. This bearish prognosis is based on a recent technical evaluation of the Bitcoin price. SuperTrend Indicator Flashes Sell Sign On BTC Monthly Timeframe In a 14 February post on social media platform X,…
Lightning Labs has released a new open-source toolkit designed to allow AI agents to operate directly on the Bitcoin Lightning Network, providing autonomous systems with a native way to make payments and access services. The company says the tools address a key gap in the emerging AI economy: enabling agents to transact without human intervention. Michael Levin, Lightning Labs’ Head of Product Growth, explained that the toolkit allows AI systems to run a Lightning node, pay for services, and host paid endpoints without needing identity verification, API keys, or traditional registration. The repository includes seven modular features, covering tasks such…
ARK Invest has returned to buying shares of Coinbase Global after trimming its position, adding roughly $15 million worth of stock across several of its actively managed exchange-traded funds (ETFs) on Friday.The Cathie Wood-led asset manager purchased 66,545 Coinbase shares through the ARK Innovation ETF (ARKK), 16,832 shares through Next Generation Internet ETF (ARKW) and 9,477 shares through Fintech Innovation ETF (ARKF), according to the firm’s daily trade disclosures.The buying activity coincided with a sharp surge in Coinbase stock. Shares closed the trading session at $164.32, up about 16.4% on the day, before edging higher in after-hours trading, according to…
APT Price Prediction: Oversold Conditions Signal Potential Recovery to $1.20 by March 2026 – BitRss – Crypto World News Blockchain News 19 minutes ago 14 Aptos (APT ($0.96 · Live)) trades at $0.96 with RSI at 28.14 indicating oversold conditions. Technical analysis suggests potential bounce to $1.20 resistance level within 4-6 weeks. (Read More) BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage Analysis APT Price Prediction: Oversold Conditions Signal Potential Recovery to $1.20 by March 2026 BitRss World Crypto News | Market BitRss | Short Urls Design By New…
Tomasz Stańczak, co-executive director of the Ethereum Foundation (EF), announced today he will step down from his leadership role at the end of February 2026, marking a notable shift in the organization’s executive team.Stańczak, who has co-led the foundation alongside Hsiao-Wei Wang since early 2025, said in a blog post that he believes the foundation and the broader Ethereum ecosystem are “in a healthy state” as he prepares to hand over the reins to Bastian Aue, who will take the co-executive director role alongside Wang.Stańczak’s tenure began at a turbulent time for the EF. He was brought aboard following the…
Ethereum spot ETFs recorded $10.26 million in net inflows on February 13, breaking a two-day outflow streak that saw $242.28 million in redemptions. Summary Ethereum ETFs added $10M as ETH price reclaimed $2,000. Bitcoin ETFs saw modest $15M inflows after prior outflows. Weekly ETH ETF flows remain negative despite rebound. Grayscale’s mini ETH trust led flows with $14.51 million, followed by VanEck’s ETHV at $3.00 million and Fidelity’s FETH at $2.04 million. Ethereum (ETH) price gained 5.8% over 24 hours to reclaim the $2,000 level, trading in a range of $1,926.66 to $2,067.44. The recovery follows sharp declines across longer…
After a dour performance throughout the week, the price of Bitcoin experienced a fair amount of bullish impetus on Friday, February 13th. Going into the weekend, the premier cryptocurrency seemed on its way to reclaim the psychologically relevant $70,000 level. Interestingly, recent on-chain data shows that this latest bullish spurt might be the start of, at least, a short-term rally for the Bitcoin price. Is Bitcoin On The Verge Of A Short Squeeze? In a Quicktake post on the CryptoQuant platform, market analyst CryptoOnchain revealed that the Bitcoin Funding Rate on Binance, the world’s largest cryptocurrency exchange by trading volume,…
Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of one million bitcoins over five years. The bill, presented by Federal Deputy Luiz Gastão (PSD/CE), outlines a comprehensive framework to integrate Bitcoin into the country’s financial strategy and diversify national reserves. The proposed legislation establishes several guidelines for RESBit. First, the plan calls for a gradual accumulation of at least 1,000,000 BTC over five years. It prohibits the sale of bitcoins seized by Brazilian judicial authorities, ensuring that these assets remain within public control. The bill also allows…