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Financial News

Bitcoin (BTC) price drops toward $70,000 as Iran war sends oil price higher

Bitcoin (BTC) price drops toward $70,000 as Iran war sends oil price higher

2 months ago by Crypto InsightsCrypto

Bitcoin is on the cusp of falling below $70,000 for the first time since Wednesday, after climbing as high as $74,000 earlier this week. The decline reflects a broader risk-off shift in markets as investors position ahead of key U.S. macroeconomic data and the developing… Read More

OKX is building a social network directly into its trading app after a massive $25 billion valuation

OKX is building a social network directly into its trading app after a massive $25 billion valuation

2 months ago by Crypto InsightsCrypto

Crypto exchange OKX, which was just valued at $25 billion after a strategic investment from New York Stock Exchange (NYSE) parent Intercontinental Exchange (ICE), is launching a social network built directly into its trading app, the latest example of social media and digital asset platforms… Read More

Ripple adds Coinbase’s BTC, ETH, XRP, SOL futures to its $3 trillion prime brokerage

Ripple adds Coinbase’s BTC, ETH, XRP, SOL futures to its $3 trillion prime brokerage

2 months ago by Crypto InsightsCrypto

Ripple, the blockchain firm closely associated with the XRP Ledger (XRP) network, said Thursday that clients on its Ripple Prime platform can now trade the full range of crypto futures listed on Coinbase Derivatives. The move gives institutions a new way to access regulated crypto… Read More

Crypto-friendly fintech giant Revolut files for U.S. banking license

Crypto-friendly fintech giant Revolut files for U.S. banking license

2 months ago by Crypto InsightsCrypto

Revolut, the U.K. fintech giant that offers crypto trading, filed an application for a U.S. banking license with the Office of the Comptroller of the Currency (OCC), a key step in its push to expand in the American financial system. If approved, the license would… Read More

Cryptos jump 8% as bitcoin breaks $72,000

Cryptos jump 8% as bitcoin breaks $72,000

2 months ago by Crypto InsightsCrypto

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… Read More

Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight

Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight

2 months ago by Crypto InsightsCrypto

Eric Trump, one of the sons of U.S. President Donald Trump and a co-founder of crypto firm World Liberty Financial, went after the banking industry Tuesday over their opposition to allowing stablecoin yield in crypto market structure legislation. “Big Banks (think JPMorgan Chase, Bank of… Read More

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