Bitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data from CryptoSlate shows the largest cryptocurrency dropped to as low as $76,909 before recovering to $77,712 as of press time, down about 4% over the previous 24 hours. The retreat accelerated a broader crypto
XRP has come under renewed selling pressure after Federal Reserve Chair Kevin Warsh delivered a notably hawkish message on inflation during his first Jackson Hole speech. The cryptocurrency dropped to around $1.38 on Friday. The cryptocurrency is down roughly 5% over the past 24 hours, according to CoinGecko data. The Ripple-linked cryptocurrency had been trading
Stablecoin issuer Circle has launched native $USDC and $EURC on Plasma alongside Cross-Chain Transfer Protocol, or CCTP, and Bridge Kit, giving the stablecoin-focused Layer 1 first-party access to Circle-issued dollar and euro tokens and its crosschain transfer stack. Circle published mainnet contract addresses for both tokens on Aug. 28. When checked, the linked Plasmascan pages
Strive’s SATA preferred stock has generated an estimated amount of funding sufficient to purchase 1,192 Bitcoin this week, according to live market monitoring. SATA has reopened Strive’s Bitcoin funding channel BitcoinTreasuries.NET estimated on Aug. 28 that trading in Strive’s Variable Rate Series A Perpetual Preferred Stock, known by its ticker SATA, had generated enough funds
In brief Bitcoin dropped as low as $76,877 on Friday after Fed Chair Kevin Warsh’s hawkish Jackson Hole keynote, confirming the resistance zone flagged earlier this week. September rate-hike odds jumped to roughly 56% from about 35% a day earlier after Warsh said the Fed still has “work to do” on inflation. Myriad traders are
Bitcoin Loses Steam Ahead of Fed Chair Speech Bitcoin lost momentum soon after breaching $81,000, as markets awaited Federal Reserve Chair Kevin Warsh’s inaugural Jackson Hole speech. The price slid shortly after hitting this key resistance level for the second time this week, echoing the Aug. 25 pullback when the cryptocurrency topped $80,000 for the
MIAX, the U.S. options exchange group, restored Monday and Wednesday short-term expiries for options on BlackRock’s iShares Bitcoin Trust ETF after dropping IBIT from its third-quarter roster. A MIAX listing alert said the exchange group would begin listing IBIT under a new, lower-threshold Tier 2 framework on Aug. 18, 2026. It named IBIT expirations for
August has produced an unexpected leader in global equities. While AI and semiconductor stocks remain among the market’s most closely watched trades, gold miners have delivered the stronger monthly performance. The MSCI global gold miners index has climbed roughly 43% in August, helped by a sharp rise in bullion and renewed demand for hard-asset exposure.
The floods in Nepal have caused immense damage, wiping out roads, bridges, homes, and key facilities, thus creating a pressing need for aid that’s fast and easy to track. The IFRC (International Federation of Red Cross and Red Crescent Societies) says about 93,000 people may have been affected and has put out an emergency appeal