Tag: Markets

Charles Schwab-Backed EDX Markets Applies for National Trust Bank Charter With OCC  – Crypto News Bitcoin News

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EDX Markets Holding Company Files OCC Charter Application for Crypto Trust Bank The application was made public on Wednesday, April 1, and first reported on by Bloomberg. It requests full fiduciary powers under 12 U.S.C. § 92a and authorization to provide digital asset custody, asset management, and settlement services exclusively for institutional clients. The proposed main office is located at 200 W. Madison, Suite 1450, Chicago, IL 60606. EDX Markets launched in June 2023 as an institutional-only cryptocurrency exchange. Its founding backers include Citadel Securities, Fidelity Digital Assets, Charles Schwab,…

EDX Markets Applies for OCC Trust Bank to Expand Crypto Services

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EDX Markets, an institutional crypto exchange, has applied to the US Office of the Comptroller of the Currency (OCC) to establish a national trust bank that would provide crypto custody, asset management and trade-settlement services. The proposed entity, EDX Trust, would operate as a non-depository national bank, separating custody and settlement from trading while continuing to route order matching through EDX’s existing platform. In its application, the company said the model is intended to address structural risks in crypto markets, where trading, custody and brokerage are often combined within a…

Bitcoin Reclaims $69,000 as US-Iran De-escalation Hopes Spark Global Market Rally – Markets and Prices Bitcoin News

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Intraday Volatility On Wednesday, April 1, bitcoin twice breached the $69,000 threshold as global markets rallied on the strongest signals yet of a potential diplomatic resolution to the conflict between the United States and Iran. After an early session characterized by choppy consolidation between $67,500 and $68,200, bitcoin ignited a mid-morning rally, hitting an intraday peak of $69,268. The momentum proved fleeting, however, as a wave of profit-taking dragged the asset back below $68,000 by 10 a.m. EST. By 1 p.m. EST, the top cryptocurrency mounted a second offensive, momentarily…

XRP Closes Q1 2026 Down 27%, Market Capitalization Plummets $29 Billion – Markets and Prices Bitcoin News

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From Peak to Plunge XRP concluded the first quarter of 2026 with a staggering 27% retraction from its year-end 2025 valuation, cementing its position as one of the most significant laggards in the current crypto landscape. While the year opened with a flicker of optimism, the subsequent price action has been a definitive study in sustained selling pressure. The asset started the year trading at $1.85, quickly gaining momentum to reach a year-to-date zenith of $2.40 on Jan. 6. However, this rally proved to be a bull trap. The gains…

Altcoins Reclaim $1 Trillion Threshold Following Trump’s Middle East Update – Markets and Prices Bitcoin News

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Macro Tailwinds Drive Altcoin Recovery Altcoins rallied in lockstep with global markets following an update from President Donald Trump regarding the conclusion of U.S. combat operations in the Middle East. The news acted as a primary catalyst for a broad “risk-on” rotation, propelling the total altcoin market capitalization from $979 billion to $1.07 trillion within a 24-hour window. This move marked first time the altcoin sector reclaimed the $1 trillion mark for the first time since March 26. Leading the charge was ethereum ( ETH), which surged from a base…

Bitcoin Stalls in Tight Range as Momentum Weakens Beneath Resistance at $69K – Markets and Prices Bitcoin News

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Bitcoin Chart Outlook On the daily timeframe, bitcoin remains confined within a defined range, failing to establish either a breakout or breakdown. Price action continues to respect resistance near $69,135 while holding above support at $66,218, maintaining a neutral structure. The lack of directional follow-through suggests hesitation among market participants. This is a market pausing, not progressing, with neither side demonstrating enough strength to take control. BTC/USD 1-day chart via Bitstamp on April 1, 2026. The four-hour bitcoin chart reflects similar conditions, with price compressing into a narrow band and…

Bitcoin ETFs Rebound With $69 Million Inflow as Ether Ends Losing Streak – Markets and Prices Bitcoin News

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Crypto ETFs Mixed: Bitcoin, Ether Rise While Solana, XRP Fall The new week opened with a shift in tone, but not a full reversal. Pockets of strength emerged, though the broader market remains cautious. Bitcoin ETFs posted a net inflow of $69.44 million, offering a modest but meaningful rebound after last week’s heavy outflows. The gains were concentrated in a handful of funds. Ark & 21Shares’ ARKB led the way with $33.03 million, followed by Fidelity’s FBTC with $28.89 million. Blackrock’s IBIT added $7.52 million, rounding out the day’s positive…

The Countdown to Bitcoin’s Next Face Melting Rally Has Begun!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin is holding up through war, oil shocks, banking resistance, and AI-driven job losses, and that may be a bigger signal than most people realize. This episode breaks down why Bitcoin can rally before the money printer turns on, how Strategy’s relentless bid is changing market structure, and why shrinking available supply could make the next move violent. Timestamps 00:00 Crisis Signals Everywhere 00:50 War Costs and Bitcoin Strength 01:39 Bitcoin as Risk Off 05:09 Saylor Relentless Buying 06:38 Banks Declare War…

Texas Lt. Gov. Lists Crypto, Prediction Markets in Charges to Senate

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The #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions take the platforms to court. Dan Patrick, Lieutenant Governor and President of the Senate in Texas, has included a study of prediction markets and crypto and blockchain as part of legislative priorities for the state’s next legislative session, scheduled to begin in January. In a Friday announcement, the lieutenant governor’s office issued 2026 interim charges for Texas Senate committees to study in preparation for the next legislature. Patrick said that…

Global Markets Rise as Trump and Iran Signal End to Military Operations – Market Updates Bitcoin News

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Bitcoin, Stocks, and Gold Prices Jump The S&P 500 closed up approximately 2.4% near 6,496. The Nasdaq Composite gained roughly 3.3% to around 21,475. The Dow Jones Industrial Average added about 2.1% to close near 46,176, and the Russell 2000 moved higher across the same range. At one point intraday, the Nasdaq was up nearly 4%. About 77% of stocks advanced on the session. The catalyst stemmed from reporting that said President Trump signaled willingness to end U.S. military operations in Iran, even if the Strait of Hormuz stays partially…