Spot Silver Surges 6.00% Intraday, Now Trading at $93.58 per Ounce
February 27: Spot silver has surged 6% intraday, last trading at $93.58 per ounce, per Bitget market data. COMEX silver (New York) jumped 7% intraday, last at $93.72/oz.
### Notes on American English adaptation:
1. **Date format**: Uses *Month Day* (standard in US news) instead of formal "February 27th" (th optional in casual/quick contexts).
2. **Market jargon**: "Last trading at" / "last at" (common in real-time market updates, replacing "now trading" for precision).
3. **Abbreviations**: "oz" (standard for ounce in financial news), "COMEX" (uppercase, official NYMEX division abbreviation).
4. **Conciseness**: Simplifies "6.00%" to "6%" (decimal zeros omitted in US market updates), avoids redundant phrasing.
5. **Flow**: Separates data sources clearly with "per Bitget" and contrasts the two silver markets smoothly.
15 minutes ago
Coinbase Launches ROBO-PERP Perpetual Contract, Supporting Multiple Order Types
On February 27, Coinbase Markets announced that the ROBO-PERP perpetual contract market has gone live for full trading on Coinbase International Exchange and Coinbase Pro.
Currently, the market supports a range of order types including limit orders, market orders, stop orders, and stop-limit orders, further bolstering its derivatives trading features.
15 minutes ago
Barclays Explores Blockchain Payment Platform, May Include Stablecoin and Tokenized Deposits
Feb 27 — British banking giant Barclays is researching and developing a blockchain-powered payment platform, while assessing the feasibility of integrating stablecoins and tokenized deposits into the system.
Reportedly, Barclays has reached out to several tech providers and could finalize partnerships as early as April. The move marks another step by traditional banks to boost cross-border payment and settlement efficiency, and also reflects mainstream financial institutions’ ongoing interest in on-chain payment infrastructure.
15 minutes ago
Inflation Data Higher Than Expected Dampens Rate Cut Expectations, Bitcoin briefly fell to around $65,600
**February 27**
As stronger-than-expected U.S. inflation data weighed on markets, expectations for a near-term Federal Reserve rate cut cooled, risk appetite faded, and Bitcoin trended lower Friday evening—at one point dropping to nearly $65,600 before rebounding to around $66,000 as of now.
Markets have seen sharp volatility this week: Bitcoin rebounded to nearly $70,000 Wednesday, marking its first approach to that level since February 16, but later pared most of those gains. Market participants noted sticky inflation has weakened hopes for looser monetary policy, pressuring risk assets broadly, while crypto’s short-term sentiment fluctuates alongside shifts in macroeconomic outlooks.
15 minutes ago
Citibank to Launch Institutional-Grade Bitcoin Custody Service in 2026
On February 27, global financial giant Citibank announced it will launch a Bitcoin custody solution for institutional clients in 2026, integrating digital assets into its core banking system. The plan was revealed by Nisha Surendran, head of the bank’s Digital Assets Custody business, at an industry event.
The new platform will offer institutional-grade custody, key management, and wallet solutions, supporting 24/7 operations, Swift messaging integration, and API connectivity. It will also extend tax reporting, compliance management, and risk control processes to Bitcoin holdings—allowing institutional investors to manage digital assets just as they do stocks or bonds.
Citibank disclosed it currently oversees approximately $30 trillion in assets. The firm intends to initially roll out core custody functions, with plans to expand later to advanced services like asset segregation and collateral management. Industry insiders say the move could further channel traditional capital int
15 minutes ago
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