Bitcoin is approaching a decisive technical point after failing to sustain its September advance above $82,000. The token has since pulled back to around $76,900 as sellers regained control following the latest rejection. Source: TradingView That retreat has brought Bitcoin back toward a crucial area on the daily chart. The advance had followed roughly 32
The Federal Reserve looks increasingly likely to raise rates next week after the hot core CPI reading Friday. Markets have had plenty of time to prepare, which now raises the question of whether a hike will have much bite. Core CPI rose 0.3% in August, above the 0.2% economists expected. Headline inflation rose 0.4% on
Bitcoin’s price rose on Friday — despite data revealing that U.S. inflation had risen. The biggest cryptocurrency by market cap was recently trading for close to $78,749 after jumping 2% over a 24-hour period. At one point on Friday morning in New York, bitcoin rose as high as $79,607. Bitcoin’s price spike came after news
Frgmnt has partnered with Anchorage Digital to give institutional clients access to its fUSD stablecoin and sfUSD staking product through Anchorage’s existing custody infrastructure. In a press release shared with crypto.news, Frgmnt said institutions will be able to hold, mint, stake, unstake and redeem fUSD through Anchorage Digital, allowing clients to use the stablecoin without
Bitcoin fell into Deribit’s Sept. 11 options expiry, rebounded during the first hour after settlement, then surrendered the move before a two-hour post-expiry window ended. The sequence resembled only part of a pattern documented in a recent peer-reviewed study. Friday’s price path did not complete the reversal, while the study’s high at-the-money open-interest condition could
Polymath Research Inc., a provider of enterprise-grade infrastructure for regulated digital securities, said on Sept. 11 that it has partnered with High Ridge Trust, a regulated U.S. trust company focused on institutional digital assets. The collaboration is designed to connect Polymath’s tokenization technology with High Ridge Trust’s custody and trading capabilities, giving institutions a more
The Indian state of Maharashtra is developing a policy to bring its own assets onto blockchain, including a potential tokenization of electricity transmission infrastructure, with proceeds used to fund new power lines and energy storage. “Maharashtra is working on a policy, so that we can create a policy which is conducive to government of Maharashtra
Bitcoin has rebounded above $78,000 after U.S. consumer inflation met forecasts in August, although prediction-market traders have raised the chance of a Federal Reserve rate hike to 81%. US CPI has held at 3.4% in August The U.S. Bureau of Labor Statistics reported Friday that the Consumer Price Index rose by a seasonally adjusted 0.4%
The digital equivalent of a fly’s brain is now capable of trading $BTC, $ETH, $USDC, and $SOL on Coinbase. Coinbase software engineer Alex Wormuth has created a simulation of a fly’s working brain and linked it to Coinbase’s AI agentic software, allow the “brain” to buy, sell, or hold crypto in response to live prices.
The U.S. Treasury bought $5.187 billion of long-dated government bonds on Sept. 10, completing the first operation under its expanded program as Bitcoin investors watched for evidence of easier liquidity. The immediate cross-market readout moved the other way. Treasury’s daily nominal yield curve showed the 10-year yield rising 12 basis points from 4.83% to 4.95%.