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Chamath Palihapitiya says Bitcoin lacks the privacy and fungibility required for central bank reserve assets.Bitcoin climbed above $73,000 after a 7% daily gain, reaching its highest level in about one month.A social media post promised a 0.5 BTC giveaway worth about $36,000 during the market rally.Billionaire investor Chamath Palihapitiya has renewed debate around Bitcoin’s role in global finance. His remarks came as Bitcoin traded above $73,000 after a recent price surge. Palihapitiya questioned whether Bitcoin can function as a central bank reserve asset. He pointed to concerns about privacy and fungibility within the Bitcoin network.Chamath Palihapitiya questions Bitcoin reserve roleChamath…
Bitcoin BTC$72,554.23 is surging again and is nearing a key make-or-break level, demanding attention from traders.The cryptocurrency’s spot price has jumped a full 10% to trade above $72,000 this week, briefly popping above $73,900 on Wednesday, according to CoinDesk data. This impressive bounce, backed by ETF inflows, has fueled hopes of a renewed bull run, but the rally is now confronting a monumental challenge.Prices are approaching a zone that has historically acted as a pivotal turning point, shaping the market’s direction over the past two years. It is a level where both uptrends and downtrends have previously run their course,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has remained under sustained pressure as it struggles to reclaim the $1.50 level, reflecting a broader slowdown in market participation across several major altcoins. In recent weeks, price action has lacked momentum, with rebounds proving short-lived as liquidity conditions remain fragile and investor activity continues to decline. While macro uncertainty and shifting capital flows have weighed on the wider crypto market, on-chain metrics suggest that XRP is also facing a structural contraction in trading activity. A recent CryptoQuant report highlights this trend through the XRP Binance…
The crypto market is moving fast again, and volatility is back with a bang. As U.S.–Iran tensions escalate and oil briefly surged toward $85, Bitcoin dipped to nearly $66,000 before rebounding and holding the $68,000 range. Spot investors aggressively bought the dip, while Bitcoin ETFs recorded $458 million in inflows, signalling steady accumulation despite geopolitical jitters. On-chain data also shows negative exchange netflows, particularly on Binance, where thousands of BTC have been withdrawn for longer-term holding. Even as concerns rise around the Strait of Hormuz and energy markets, crypto remains surprisingly resilient.With Bitcoin defending key support and trading within a…
Bitcoin finally got through the door.The largest cryptocurrency broke above $72,000 on Thursday, its highest level since before the Feb. 5 crash and the first clean move above the $70,000 ceiling that had rejected it three times in the past month. It was trading at $72,180 in Asian afternoon hours on Thursday, up 5.9% over the past 24 hours and 5.4% on the week, as a combination of easing war anxiety, strong ETF flows, and a broader equity rebound pulled risk appetite back into the market.The rally was broad. Ether climbed 7.5% to $2,114, reclaiming $2,000 with conviction for the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase’s chief publicly accused big banks of trying to choke off parts of a law meant to clear the rules for stablecoins and other crypto products. Brian Armstrong said banks were pushing terms that would make the law less useful to crypto firms, a charge that has widened into a political spat that now involves the White House. Banks And Crypto Firms Clash US President Donald Trump’s public comments this week stepped into that fight. He used his social feed to complain that banking interests were trying…
ASTER holds a three week consolidation range with key resistance at $0.75 and macro pivot near $0.81.Trading volume declined during ASTER’s consolidation, a pattern often linked with accumulation phases.A breakdown below range support could trigger rapid selling as leveraged positions face liquidation.ASTER is trading in its longest consolidation range on record, and traders are closely watching the $0.75 level. The asset has moved sideways for about three weeks while holding nearby support levels. Market participants are monitoring the chart structure because extended ranges often lead to sharp price movements in either direction.Extended consolidation keeps traders focusedASTER has remained within a…
SKY, the native token of DeFi platform Sky (formerly Maker), climbed nearly 10% after the protocol executed a governance proposal that slowed how quickly new tokens are created through staking rewards, expanded its lending system around the USDS stablecoin, and kept up a large buyback program that is pulling tokens out of the market.The governance proposal, which passed Feb. 27 and was executed March 2, introduced several changes across the Sky Protocol, including adjustments to staking rewards and the onboarding of new credit infrastructure designed to expand the reach of its USDS stablecoin ecosystem.One of the most closely watched changes…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean authorities and the ruling party agree on a 20% ownership ceiling for “major shareholders” in crypto and virtual assets exchanges, with a three‑year implementation delay. From A Strict Proposal To Compromise After months of friction, the Financial Services Commission (FSC) and the Democratic Party’s digital asset task force have finally converged on a 20% cap for major shareholders, the Korea Herald reports. South Korea’s 20% cap is the culmination of a long‑running push by FSC, the top financial regulator, to curb founder control at the…
X Money partners with Cross River Bank, a Ripple-integrated institution enabling real-time US–Europe cross-border payments since 2014.RealFi becomes Payment Rewards Provider for Global AI, Blockchain, and Games Shows using REAL token on the XRP Ledger.REAL token lists on BTCC exchange as RealFi links blockchain rewards to tickets for 10,000+ attendee Riyadh tech events. Elon Musk’s platform X is moving further into financial services through its upcoming payment system, X Money. The company has partnered with Cross River Bank, a financial institution known for its early adoption of Ripple technology. At the same time, RealFi is expanding the use of the XRP…