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The rally is approaching a two-year ‘make or break’ price zone

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Bitcoin BTC$72,554.23 is rising again and approaching an important make-or-break level and requires attention from traders. The cryptocurrency’s spot price has risen as much as 10% to trade above $72,000 this week, briefly above $73,900 on Wednesday, according to CoinDesk data. This impressive rebound, supported by ETF inflows, has fueled hopes of a renewed bull […]

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Bitcoin Tops $72,000 as ETFs Draw $155M, Extending Two-Week Inflow Streak

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Bitcoin remained bid on Thursday amid signs of continued demand for spot exchange-traded funds (ETFs). The leading cryptocurrency traded near $72,500 on Thursday, according to CoinDesk’s market data. U.S.-listed spot ETFs pulled in another $155 million in net inflows on Wednesday, extending a recent streak of institutional buying that has helped lift prices after weeks

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Quant firm proposes a bullish BTC strategy with a key funding twist

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Quant-powered trading firm TDX Strategies provides clients with a bullish bitcoin trade with an interesting funding twist that helps offset the cost of the bet while reshaping the position’s risk profile. The Hong Kong-based firm on Wednesday proposed a “bullish risk reversal” strategy, which involves selling a put option (insurance against a downtrend) and using

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SKY Jumps Nearly 10% After Governance Vote Slows New Token Creation While Buybacks Tighten Supply

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SKY, the initial token from DeFi platform Sky (formerly Maker), surged nearly 10% after the protocol executed a governance proposal that slowed the rate at which new tokens are created through stake rewards, expanded its lending system around the USDS stablecoin, and continued a large buyback program that pulls tokens from the market. The governance

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Kraken becomes the first crypto firm to secure Fed master account access

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Kraken has secured a “master account” from the Federal Reserve, giving its banking arm direct access to the Fed’s central payment systems and making it the first crypto firm to operate on a par with traditional financial institutions. The company said its unit, Kraken Financial, received approval for a Federal Reserve “master account,” the Wall

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Bitcoin (BTC) price hits $71,800 as investors rotate into safe havens amid Middle East escalation

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Bitcoin BTC$72,695.94 rose to a one-month high of $71,800, effectively negating the risk-off sentiment that has limited upside in US stocks over the past week. The largest cryptocurrency stalled just below $72,000, a level it last reached on February 8 before slipping back to $65,000. Precious metals were also up on Wednesday, with gold and

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Market Infrastructure Firms Warn Tokenized Securities Face Higher Costs, Split Liquidity Without Interoperability

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The world’s largest market infrastructure operators are warning that tokenized securities will struggle to scale unless the industry agrees on how blockchains and traditional financial systems connect. In a joint white paper, the Depository Trust and Clearing Corporation (DTCC), Euroclear and Clearstream, in collaboration with the Boston Consulting Group, argued that “interoperability is a prerequisite

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Crypto firm Tether (USDT) invests $50 million in sleep technology startup Eight Sleep

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Tether, the crypto company behind the most popular stablecoin USDT USDT$1.0001has invested $50 million in sleep technology startup Eight Sleep at a $1.5 billion valuation, according to a Wednesday press release and data from Crunchbase. With the funding, Eight Sleep plans to develop new AI health features using Tether’s QVAC architecture, a computing framework designed

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