Bitcoin holders who need cash do not necessarily have to sell their $BTC. They can borrow against it instead, keeping exposure to Bitcoin while using its value as collateral for a loan. The complication is that the loan they want may exist on another network. Many blockchain lending applications run on Ethereum, which keeps its
Silvergate’s former chief executive, Alan Lane, says the crypto-focused bank survived withdrawals of roughly 70% of its demand deposits before political pressure drove it to choose liquidation. His account raises a question for the crypto companies obtaining federal bank charters: how much protection does becoming a bank actually provide? In his Sept. 8 account, Lane
Among the biggest cryptocurrency assets, $XRP has had the best daily ETF flow result. It is now the only significant spot cryptocurrency ETF category to draw in new investment, while Bitcoin, Ethereum, Solana, and Hyperliquid products all saw withdrawals. $XRP reaches breakthrough threshold According to the most recent spot ETF data from September 8, the
Bitcoin traded near $79,200 on Sept. 9 after recovering sharply from its June low, supporting Wintermute’s broader argument that the current downturn has been shallower than the bear markets of 2018 and 2022. The market maker said Bitcoin was about 50% below its peak roughly 340 days after the cycle high. It compared that decline
With its medium-term moving averages quickly converging following its spectacular August recovery, Bitcoin is getting close to one of the most recognizable bullish technical signals. However, what transpires in the vicinity of the $80,000–$82,000 resistance zone will determine how significant the possible golden cross is. Bitcoin’s 200-day recovery possibility After rising from the June low
Bitcoin held near $78,500 on Sept. 8 as the Japanese yen touched its strongest level since February, leaving $BTC inside its recent trading range while investors cut bets against Japan’s currency. The yen reached 152.89 per dollar during Asian trading before retreating to 154.14, easing part of the currency pressure ahead of the Bank of
Tether has tested its decentralized peer-to-peer search technology by storing the full Wikipedia archive across 100 distributed nodes, as the $USDT issuer works on a system designed to remain available without relying on centralized search infrastructure. According to Tether CEO Paolo Ardoino, the company’s P2P team is developing what he called the “Unstoppable Search Engine,”
Despite Bitcoin’s ($BTC) powerful late August rally and ability to remain only slightly below $80,00 in the weeks since, Claude’s advanced artificial intelligence (AI) estimates the cryptocurrency will fall short of reclaiming $100,000 before the end of 2026. Specifically, Anthropic’s flagship platform identified the Fed’s imminent interest rate decision and oil supply disruptions as critical
Bitcoin staged another sharp intraday recovery on Wednesday, rebounding more than $1,500 after sliding towards $77,600 as investors digested surging oil prices and uncertainty over US interest rates. $BTC traded as low as roughly $77,638 before recovering above $79,000 during the Asian session. Brent crude was approaching $100 a barrel, while markets were also preparing