Intercontinental Exchange will take a board seat at OKX and plans to bring NYSE-listed tokenized stocks and derivatives to the crypto exchange’s users in 2026. Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has invested in crypto exchange OKX at a $25 billion valuation and will take a seat on the company’s board, according to a Thursday announcement. ICE has invested an undisclosed amount in OKX as part of its push into blockchain technology and tokenized stocks, the announcement said. OKX will provide ICE with a…
Category: Other Crypto News
Analyst Says Bitcoin Price Bottom Hasn’t Happened Yet, Gives Timeline To Expect Reversal
A crypto market analyst has shared a new technical analysis, outlining reasons why the Bitcoin price has not yet reached a cycle bottom. Using a charting framework called the Bear Bands alongside the Halving Cycles Theory, the analyst argues that while a short-term bounce is currently playing out, the broader bear market still has significant time and more downsides ahead before reaching a final price floor. Why The Bitcoin Price Has Not Hit A Bottom Yet According to market expert Crypto Con on X, the recent bounce that saw Bitcoin…
Bitcoin Price Shakes Iran Fear as ETF Inflows Drive Short Squeeze Into The Vital $70K Level
Bitcoin’s price recovered to around $73,000 in early March, after having fallen to the mid-$60,000 range from late January due to geopolitical unrest. What The Data Says Bitcoin’s price notable instability during the first trimester of the year seems to have a direct geopolitical correlation, CryptoQuant reports. Bitcoin dropped to around $63,000 on February 29, following the U.S.-Israel military strike on Iran on February 28 and the Iran heightened tensions in the Middle East. BTC had recovered near $70,000 by March 2, and by March 4 and 5 the price…
UAE Central Bank Says Banks Operating Normally Amid Tensions
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…
Dogecoin Morning Doji Star Shows Bullish Reversal That Will Send Price To $0.8
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…
Stablecoin Inflows Rebound as Yield Debate Stalls US Market Structure Bill
Weekly net stablecoin inflows rebounded last week as onchain activity picked up even while US lawmakers and banking groups sparred over whether third parties should be allowed to pay stablecoin yield, according to a new report from Messari. Weekly net stablecoin inflows accelerated to $1.7 billion, a 414.5% increase week-on-week, according to the report published on Wednesday. The recovery also flipped the 30-day average to a positive $162.5 million in daily inflows. Transaction volumes also rose 6.3%, while average transaction size continued to decline, reflecting renewed stablecoin issuance demand and…
Bitcoin Historically Bottoms Between These MVRV Levels—Where Are They Now?
An analyst has highlighted how Bitcoin has consistently bottomed out between the 1.0 and 0.8 MVRV pricing bands during the past decade. Bitcoin Still Hasn’t Breached Below 1.0 MVRV Band In This Cycle In a new post on X, analyst Ali Martinez has talked about historical Bitcoin bottoms from the perspective of the MVRV Pricing Bands. This is an on-chain pricing model for BTC that’s based on the popular Market Value to Realized Value (MVRV) Ratio. Related Reading The MVRV Ratio measures how the market cap of BTC, a representation…
US Bitcoin ETFs Post $462 Million Inflows as BTC Tops $73K
US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across the vast majority of 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 weekly inflows to $1.1 billion, according to Farside data. The new gains bring year-to-date flows to around $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…
Bitcoin Price ‘Too Fragile’ Despite $73,000 Reclaim, Expert Warns
As the crypto markets rebounded on Wednesday, Bitcoin (BTC) bounced back from the recent selloff triggered by the escalating Middle East conflict, targeting a surge toward high levels. While some market observers see this as a sign of strength and potential bottoming, others warn that the rally could be short-lived. Related Reading Bitcoin Shows Strength Despite Growing Geopolitical Fears On Wednesday, Bitcoin surged 8.3% to trade above the $72,000 barrier for the first time in a month. The cryptocurrency has been trading between the $63,000-$73,000 price range since early February,…
Anthropic Reopens Pentagon Talks as Trump Weighs Supply Chain Risk Label
Anthropic CEO Dario Amodei has reportedly reopened negotiations with the US Department of Defense in a last-minute effort to secure continued access to Pentagon contracts as the company faces the possibility of being labeled a supply chain risk by the Trump administration. Amodei has been holding discussions with Emil Michael, the US undersecretary of defense for research and engineering, to finalize terms governing the military’s use of Anthropic’s artificial intelligence models, the Financial Times reported, citing people familiar with the matter. A new agreement would allow the Pentagon to keep…