Markets are chasing a violent short squeeze as traders rush to reposition. Bitcoin price today sits at $79,002.41, just under the $80,000 line that has dominated headlines. The move is less about steady accumulation and more about forced unwinds. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways Bitcoin trades at $79,002.41 on
Bitcoin ($BTC) could fall toward its long-term support levels before the 2026 U.S. midterm elections if a historical pattern identified by TradingShot plays out. Notably, ahead of the November polls, Bitcoin has staged a strong recovery over the past week, at one point climbing above the $80,000 level. As of press time, the cryptocurrency was
Zerohash submitted a second application for a U.S. national trust bank charter on Aug. 19, approximately one month after the Office of the Comptroller of the Currency returned its original filing. The OCC’s record lists the proposed institution as Zerohash National Trust Bank. It would be based in Asheville, North Carolina, and operate under a
Taking to X, Circle announced on August 26, 2026, that LuLu Financial Holdings (LFH) has reduced cross-border settlement costs by 25% to 30% as it has adopted $USDC and Circle Mint for remittance flows across the GCC, MENA and APAC regions. Circle and LuLuFin also reported a 40% rise in settlement volume and beneficiary crediting
Bitcoin’s recent price movements have brought a key threshold into focus: if the leading cryptocurrency climbs above $79,938, it could trigger approximately $798.56 million in short liquidations across major centralized exchanges, according to data from CoinGlass. Conversely, a drop below $77,589 might lead to about $748.38 million in long positions being wiped out. Understanding Liquidation
Tokenized deposits could reduce U.S. banks’ capacity to hold long-term interest-rate risk by about $700 billion if they make depositors 10% more sensitive to rates. That’s according to estimates from two Dallas Fed economists. A separate scenario found that if tokenization causes deposits to leave banks 10% sooner, banks could lose about $580 billion of
Nvidia reports second-quarter results after the US market closes on Wednesday night with Wall Street expecting a record quarter. The harder test is whether the chipmaker can clear a bar that several bullish analysts have pushed well above consensus. FactSet expects revenue of about $92.3 billion and adjusted earnings of $2.09 a share. KeyBanc analyst
BlackRock reduced the minimum value required for eligible Bitcoin holders to convert their assets into shares of its iShares Bitcoin Trust ETF, or IBIT, to $1 million in July 2026. The previous minimum was $25 million, according to an Aug. 25 Bloomberg report. The 96% reduction makes the conversion service accessible to a broader group
Anthropic is preparing to show investors a market of more than $30 trillion as the Claude maker gets closer to going public. That would put its estimate ahead of SpaceX’s $28.5 trillion figure. As per the Wall Street Journal, it is not just a target for revenue but a total addressable market, or TAM, which
Bitcoin’s $BTC$78.645,53 next move depends on three important macro events lined up for the rest of the week. The first is July’s U.S. personal consumption expenditures (PCE) reading, the Fed’s preferred inflation gauge, scheduled for release at 8:30 a.m. ET. According to FactSet’s consensus forecasts, economists expect the core reading, which excludes food and energy,