Bitcoin briefly pushed toward $74,000 this week, supported by a series of bullish developments that have increasingly linked the crypto industry to traditional finance. Some market watchers have started calling this a bull rally, with one analyst even saying the new trend “has legs.” But the rally did not last. By the end of the […]
AI is infiltrating all layers of society, including finance. What started as asking ChatGPT about your deepest financial worries quickly evolved into agents capable of reasoning, executing, and coordinating across markets with minimal human intervention. The pace of change at the intersection of AI and finance is daily, not weekly. Goldman Sachs warned of AI-fueled
Financial AI Agent Management Is the Only Skill You’ll Need to Survive AI Layoffs Read More »
Strike received a BitLicense and money transmitter license from the New York State Department of Financial Services, paving the way for Bitcoin. BTC$68,366.50 financial services company to operate in the state. “Receiving our BitLicense is a milestone for Strike,” said Jack Mallers, Founder and CEO of Strike. “Thanks to our BitLicense, we can now bring
Cracks in the global private credit market are rattling investors, raising fears the tensions could spill over to crypto markets. Bloomberg reported Friday that BlackRock’s $26 billion private credit fund had begun limiting withdrawals amid rising redemption requests. The move follows similar tensions at Blue Owl, which sold $1.4 billion in loans last month to
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1991.98, down 2.1% (-41.93) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: ICP (-0.2%) and APT (-0.4%). Lagging behind: AAVE (-4.3%)
Aave falls 4.3% as all index components trade lower Read More »
Binance, through its lawyers, told a U.S. Senate investigation that it found no evidence that its platform accounts transacted directly with Iranian entities, refuting allegations that $1.7 billion in cryptocurrencies flowed through the exchange to Iran-linked groups. In a March 6 letter responding to requests from Sen. Richard Blumenthal’s (D-CT) Permanent Subcommittee on Investigations, the
Crypto exchange Binance tells US Senate inquiry no account sent crypto directly to Iran Read More »
Bitcoin’s surge to a one-month high of $74,000 this week sparked a wave of profit-taking from short-term traders, according to data from CryptoQuant. The largest cryptocurrency is trading around $69,000 after losing momentum since Wednesday’s breakout above $70,000. CryptoQuant analyst Darkfost says short-term holders moved more than 27,000 BTC ($1.8 billion) to exchanges at a
Short-Term Bitcoin Holders Send $1.8 Billion in BTC to Exchanges After Rally to $74,000 Read More »
The US labor market weakened significantly in February, perhaps putting the possibility of a Federal Reserve rate cut in the first half of 2026 into play. The country lost 92,000 jobs last month, according to the report released Friday by the Bureau of Labor Statistics. Economists forecast the creation of 59,000 new jobs, compared to
BTC maintains losses and trades near $70,000, after weak US jobs data Read More »
Kazakhstan’s central bank has revealed plans to allocate up to $350 million of its gold and foreign exchange reserves to investments related to cryptocurrencies and digital assets. The bank’s governor, Timur Suleimanov, said the institution was developing a list of acceptable investments, which would extend beyond direct holdings of cryptocurrencies, according to a Reuters report
By Francisco Rodrigues (All times ET unless otherwise noted) Cryptocurrency prices are falling as some holders look to take advantage of the midweek rebound to $74,000, while others prefer less risky assets as the war in the Middle East intensifies. Bitcoin BTC$70 109.57 has lost 3.7% in the past 24 hours, holding just above $70,000,
