Author: driver789

Shares of Strategy, Inc. (MSTR) jumped 12.3% to $148.94 on Wednesday, marking a sharp rebound for the Bitcoin proxy after months of losses.  Coinbase Global (COIN) rose 16.2% to $211.84, extending its recent rally, while Robinhood Markets (HOOD) gained 8.5% to $82.50.  The moves comes as Bitcoin surged past $73,000 this morning, hitting a one-month high after recovering from six straight weekly losses and five months of declines. The rebound came as traders covered bearish bets and adjusted positions, following heavy shorting amid fears of an escalating conflict in Iran. Bitcoin mining and crypto services stocks also advanced. Galaxy Digital…

Fintech company Revolut filed a new application for a US national bank charter as it renews its push into the North American market, marking the company’s second attempt to secure a US banking license.The London-based company said Thursday that it submitted an application to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation to establish “Revolut Bank US, N.A.”The company also appointed fintech veteran Cetin Duransoy as the company’s new US CEO. Duransoy brings more than two decades of experience in banking, payments and technology. He previously served as US CEO of fintech marketplace Raisin.…

Global trading giant Intercontinental Exchange (ICE) has begun a strategic partnership with cryptocurrency trading firm OKX to launch new products.The deal will see the New York Stock Exchange owner license OKX’s spot crypto prices for crypto futures products, and OKX offer ICE futures and tokenized equities, the companies said on Thursday.ICE also made a strategic investment in OKX, reflecting a valuation of $25 billion, according to a press release. The terms of the investment were not disclosed.Alongside the investment, ICE will have a board seat on OKX’s board of directors and establish a broad collaboration to leverage OKX’s blockchain infrastructure…

The United Arab Emirates’ banking system remains fully operational despite escalating regional conflict between the US, Israel and Iran, the country’s central bank said, as authorities moved to reassure markets following missile and drone attacks on the country this week.In a statement, Central Bank of the UAE Governor Khaled Mohamed Balama said banks, financial institutions and insurers “continue to operate with full efficiency and stability,” adding that the sector is showing “the highest levels of resilience and stability.”The statement comes as the UAE’s role as a regional financial center and a growing hub for digital asset companies draws added attention…

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from…

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…

Standard Chartered has been appointed as the digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, deepening the collaboration first announced in October 2024.  The move supports TP ICAP as it expands matched-principal trading in spot crypto assets, marking a major operational step for both firms. Fusion Digital Assets, operated by TP ICAP E&C Limited and registered with the Financial Conduct Authority for crypto-asset activities, allows institutional clients to trade digital assets on a UK-regulated exchange.  Through the new arrangement, shared clients can access Standard Chartered’s regulated digital asset custody services alongside Fusion Digital Assets’ trading…

Ethereum bulls pushed its price to nearly $2,200 on Thursday amid a market-wide recovery. Summary Ethereum price rebounded to a 4-week high on Friday amid increased demand from institutional traders and a surge in short liquidations. ETH has formed a double bottom pattern on the daily chart. According to data from crypto.news, Ethereum (ETH) price rallied over 11% to a 4-week high of $2,192. Ethereum price rallied amid a broader market recovery led by Bitcoin. The bellwether reclaimed the $73,000 mark for the first time since early February as reports emerged that the U.S. and Iran could be negotiating a…

US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across most issuers, as BTC briefly surged past $73,000.Spot Bitcoin (BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing the weekly total to $1.1 billion, according to Farside data.The new gains bring year-to-date flows to about $700 million, a modest amount after the ETFs shed $3.8 billion during a five-week outflow streak.Ether (ETH) funds shared the sentiment, drawing $169 million in inflows after seeing minor outflows of $11 million on Tuesday.The flows highlight a potential market reversal, with analysts observing…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is attempting to regain the $2,000 level as the broader crypto market shows early signs of relief after weeks of persistent volatility. The recent stabilization in price action has helped ease short-term selling pressure, allowing ETH to approach a key psychological and technical threshold that could influence market sentiment in the coming weeks. While the recovery remains tentative, on-chain data suggests that structural changes in supply dynamics may be developing beneath the surface. According to data from CryptoQuant, the total amount of Ethereum withdrawn from exchanges…