Author: driver789
Bitcoin’s rise from an obscure digital asset to a global financial instrument is again in focus this St. Patrick’s Day. On March 17, 2012, Bitcoin traded near $5. Thirteen years later, it has reached roughly $75,000. This is a massive expansion driven by increasing demand and a fixed supply model. Bitcoin’s early years were defined by sharp price swings and thin liquidity. In 2013, the asset surged from under $50 to more than $600 before retracing below $300 by 2015. These cycles repeated over time, with each rally followed by a correction. In 2017, Bitcoin crossed $1,000 and later accelerated…
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…
In one of its first actions since signing a memorandum of understanding with the Commodity Futures Trading Commission (CFTC), the US Securities and Exchange Commission (SEC) said it would interpret how “non-security crypto assets” fall under federal securities laws.In a Tuesday notice, the SEC said its interpretation of how to address crypto assets would serve as an “important bridge” as lawmakers in the US Congress consider market structure legislation which will codify how financial regulators oversee digital assets. The commission said the interpretation would provide a “coherent token taxonomy for digital commodities, digital collectibles, digital tools, stablecoins, and digital securities,” address…
Ethereum’s derivatives market is trapped between billion‑dollar long and short liquidation clusters, leaving ETH just one sharp move away from a forced‑flow volatility spike. Summary Coinglass data show a dense ETH long liquidation band just below spot, with roughly 1.389 billion dollars in leveraged longs at risk if price breaks under 2,210 dollars. Above 2,441 dollars, shorts face around 1.061 billion dollars in potential liquidations, creating a two‑sided “pain trade” corridor for Ethereum derivatives. With leverage stacked on both sides, even modest spot moves can trigger cascading forced flows, reducing the odds of quiet sideways trading in the near term.…
WASHINGTON, D.C. — The Senate’s stalled crypto market structure bill is making progress behind-the-scenes, the chairman of the body’s Banking Committee said Tuesday. Senator Tim Scott, who heads the banking panel overseeing the market structure bill, said at the Digital Chamber’s DC Blockchain Summit that lawmakers may see a new draft of at least stablecoin language as soon as this week. Stablecoin yield has been the most publicly debated issue in the market structure bill, but lawmakers have remained engaged, Scott said. “I believe that this week we will have the first proposal in my hands to take a look…
Strategy has once again strengthened its aggressive digital asset vault, adding another billion-dollar allocation of Bitcoin to its growing treasury. The move reinforces the company’s long-standing belief that BTC represents the most reliable store of value in the digital era, positioning Strategy even further ahead as the largest corporate holder of the cryptocurrency. What Strategy’s Latest Purchase Means For The Capital Market According to analyst Adam Livingston’s post on X, Bitcoin advocate and Executive Chairman Michael Saylor of Strategy (MSTR) has released its latest Form 8-K, confirming another massive expansion of its BTC standard. Meanwhile, the BTC bears are currently…
VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform, allowing users to convert between US and Canadian dollars within a blockchain-based system.Announced Tuesday, the upgrade enables real-time, 24/7 currency conversion using Real Bank Tokenized Deposits (RBTDs), that is, digital representations of fiat deposits issued and backed by the Ontario-based institution. The feature is designed to improve cross-border transactions by reducing reliance on traditional foreign exchange rails, which are often slower and limited by banking hours.The update marks an incremental step toward commercialization rather than a full product launch. VersaBank…
Bitcoin price traded near $75,000 on Tuesday, after extending an eight-day streak that has pushed the asset close to a key psychological level. The move marks a sharp recovery from February lows near $60,000 and has renewed debate over whether the market has found a bottom. The world’s largest cryptocurrency broke above $75,000 yesterday during U.S. trading hours after weeks of tight consolidation. The rebound has lifted prices close to early February levels and placed focus on whether bitcoin price can hold its ground. Analysts at Bitfinex said the recent strength reflects relative outperformance but warned against calling it a…
Justin Sun-owned Poloniex has announced fee-free trading for any user who enrols in its “Poloniex Super” membership, which currently offers 30 days’ worth of fee-free “spot, margin, and futures trading.” Poloniex has yet to announce what this membership will cost once the 30-day period has elapsed, though it does mention that “[a]fter the trial period ends, you will be automatically enrolled in the basic Super plan by default.” This product announcement has led users to ask how Poloniex will make money without fees. Sun quickly explained that Poloniex has no need to make more money because “we already made enough…
Arizona Attorney General Kris Mayes announced that her office filed gambling and related criminal charges against the companies behind prediction markets platform Kalshi.In a Tuesday notice, Mayes said that the charges alleged that Kalshi operated an “illegal gambling business in Arizona without a license” and offered election wagering, in violation of state laws. Arizona authorities alleged that Kalshi’s prediction markets platform allowed state residents to bet on event contracts related to sports and state and federal elections. “Kalshi may brand itself as a ‘prediction market,’ but what it’s actually doing is running an illegal gambling operation and taking bets on Arizona…