Bitcoin traded just below $78,800 Tuesday, Sept. 8, as the cryptocurrency remained under $80,000 and investors weighed higher Treasury yields and growing expectations for another Federal Reserve rate increase. Two technical charts now point to a similar setup: Bitcoin may need to defend the $75,500-$76,000 area before a stronger recovery can challenge resistance near $82,000.
Xverse launched Bitcoin staking through sBTC on Stacks on Sept. 7, making the feature available in version 2.9 of its self-custodial wallet. In its official launch announcement, Xverse said users can put existing bitcoin to work and receive additional bitcoin through the fee-efficient sBTC representation on Stacks. The product does not lock native $BTC directly
A leather jacket sold in Paris now carries an invisible paper trail that starts on a ranch in Brazil and ends on a public blockchain. That’s the practical outcome of a new Cardano supply chain verification system built by the Cardano Foundation and Brazilian blockchain firm Blockforce, which has already anchored more than 500,000 supply
Robinhood’s tokenized $AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. IOSG researcher Mario Chow reported on Sept. 7 that the token reached $18.04 after $AMC Entertainment shares closed at $2.54 on Sept. 3.
In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements. Bitcoin climbed back above $82,000 last week, but Friday’s US employment data created significant selling pressure on the market. The data, which came in much higher than expected and showed the unemployment rate remaining stable, strengthened
Pendle Finance’s recent tweet raises questions about Robinhood’s approach to cryptocurrency, asking, “Are we doing this right, @RobinhoodCrypto?” This commentary reflects a growing scrutiny of practices in the crypto space. As the market navigates mixed signals, the implications of such public inquiries could resonate with traders and investors alike. Source What Went Down The cryptocurrency
Bitcoin has dipped below $79,000 on Tuesday as buyers struggled to push the cryptocurrency through a significant concentration of selling pressure between $80,000 and $82,850. The broader cryptocurrency market remained bullish, with the Fear and Greed Index registering 72. A reading in this range indicates elevated investor optimism, although it can also suggest that market
Visa (V) is combining its VisaNet settlement data with onchain lending infrastructure to help stablecoin-linked card programs and fintechs obtain working capital, the company said Tuesday. The move could give lenders a clear view of a payment card program’s settlement receivables, the money it is due after payments clear. With customer authorization, that data can
HashKey Cloud said on Sept. 7 that it had joined Stacks as a launch partner for self-custodial Bitcoin staking. The agreement gives the infrastructure provider two roles: participating in the inaugural Genesis Bond and joining the signer network securing sBTC. HashKey Cloud operates under HashKey Holding Limited. Stacks founder Muneeb Ali presented the collaboration during
Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 $BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Boyaa Interactive International Limited said in a Sept. 4 Hong Kong Stock Exchange announcement that the purchases were completed through a series of open-market