Day: March 11, 2026

Bitcoin holds above $70K as Iran warns oil could reach $200 amid escalating war

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Bitcoin held above $70K on Wednesday evening as oil markets swung sharply amid the escalating conflict between the United States, Israel, and Iran, which has triggered one of the most severe energy shocks since the 1970s. Iranian officials warned the world should prepare for oil reaching $200 per barrel if the conflict intensifies, according to a Reuters report. Iranian forces reportedly struck merchant vessels in Gulf waters on Wednesday and warned ships in the region to follow military instructions as the conflict expanded into key shipping routes. The war, sparked…

SEC and CFTC sign agreement to coordinate crypto and market oversight

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The SEC and the CFTC announced a new Memorandum of Understanding aimed at strengthening coordination between the two agencies and improving regulatory clarity for financial markets, including digital assets. The agreement outlines how the agencies will collaborate on policymaking, oversight, examinations, and enforcement while sharing information and aligning regulatory definitions. Officials said the move is designed to reduce duplicative rules and provide clearer guidance to market participants. “For decades, regulatory turf wars, duplicative agency registrations, and different sets of regulations between the SEC and CFTC have stifled innovation and pushed…

Analyst Maps Out XRP’s Exact Path For 2026, Here’s The Roadmap

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XRP has had a rough start to 2026, with the first two months of the year closing in the red. Right now, XRP enthusiasts are hungry for a bullish direction. Interestingly, one analyst thinks he has the full picture. Not just a target, but a turn-by-turn roadmap of exactly how the next months will play out for XRP.  CryptoBull, a closely followed crypto analyst on X, has laid out a detailed five-wave projection for XRP that begins right where the market currently stands, and the destination is unlike anything most…

Ripple to Buy Back $750M in Shares through April: Report

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Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation. According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion,…

Mastercard Launches Crypto Partner Program with 85+ Industry firms

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Mastercard has launched a global crypto partner program that initially brings together more than 85 companies across the digital asset and payments industries to collaborate on blockchain-based payment and settlement systems. The initiative is designed to connect crypto companies, financial institutions and payments providers as digital assets begin playing a larger role in cross-border transfers, payouts and other financial services. Participants include crypto exchanges, blockchain networks and infrastructure providers including Binance, Circle, Gemini, Paxos, Ripple, PayPal, Polygon, Solana, Crypto.com, MoonPay, Fireblocks and the Canton Network. They will work with Mastercard…

Revolut Granted Banking License in the United Kingdom

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Financial technology company Revolut announced on Wednesday that it has launched a bank in the United Kingdom after receiving regulatory approval from the Prudential Regulation Authority (PRA), a banking and financial services regulator. Revolut Bank UK will begin offering deposit accounts for individuals and businesses, with eligible deposits up to 120,000 British pounds ($160,958) protected by the Financial Services Compensation Scheme (FSCS), according to the company’s announcement.  The FSCS offers a safety net for customer deposits at banks and other financial institutions, similar to the Federal Deposit Insurance Corporation (FDIC)…

Pro Traders Anticipate Low Odds of a Bitcoin Rally Toward $78,000

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Key takeaways: Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows. US and Israel-Iran war and soft US labor data offset momentum in Bitcoin ETFs. Bitcoin options: 17% chance of breaking $78,000 Bitcoin (BTC) reclaimed the $70,000 mark again on Wednesday. However, repeated failed attempts to break above $74,000 over the last five weeks have fueled skepticism. The ongoing US and Israel-Iran war, coupled with disappointing US labor numbers, has only added to the cautious outlook. Traders are now evaluating whether recent…

FDIC Chair Says no Deposit Insurance for Stablecoins under GENIUS Act

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Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in July would not give the agency the authority to guarantee stablecoin deposits.  In remarks prepared for the American Bankers Association (ABA) Washington Summit on Wednesday, Hill said that under rules for the stablecoin payments bill, the GENIUS Act, the FDIC would not allow the government to guarantee deposits once the law was fully implemented. Similarly, stablecoin issuers would be prohibited from representing that the digital assets were FDIC insured, and…

Foundry to Launch Institutional-Grade Zcash Mining Pool in April 2026

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Digital asset infrastructure company Foundry Digital plans to launch a mining pool for Zcash in April 2026, expanding beyond Bitcoin mining infrastructure. The company said the pool will be designed for institutional and publicly traded miners seeking compliance-focused mining services. The new pool will be based in the United States and built on the same infrastructure used by Foundry USA Pool, which is operated by the company. Foundry said the service will include reporting tools and payout systems intended to meet the operational requirements of institutional miners. Zcash is a…

Ripple Labs launches $750M share buyback, valuing firm at $50B

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Ripple Labs has launched a share buyback program that would value the company at roughly $50 billion, reinforcing its position as one of the most valuable firms in the digital asset industry. According to a Bloomberg report, the company plans to repurchase up to $750 million in shares from early investors and employees through a tender offer expected to run until April. Ripple raised $500 million in November at a $40 billion valuation from investors including Citadel Securities and Fortress Investment Group. The company has also pursued acquisitions to expand…