Bitcoin is making waves in the market as over 75% of its supply is now in profit, a crucial threshold that influences trader sentiment. This insight was shared by the crypto commentator @bitfinex, indicating that the current rally is an important signal for the market. If the upcoming correction maintains this profit level for most
Coinbase CEO Brian Armstrong recently stated that banks should not lend out customer deposits without obtaining the depositors’ explicit consent. His comments, made in an interview, critique traditional banking practices as remnants of the fractional reserve system and signal a call for increased transparency in financial dealings. This perspective raises important questions about customer rights
Neo SPCC has launched a publicly hosted S3-compatible gateway for NeoFS on MainNet, providing developers with access to decentralized object storage through standard Amazon S3 API tooling. The service was announced on Sept. 22. The public S3 gateway is a hosted instance of the open-source NeoFS S3 Gateway software, operated by Neo SPCC and accessible
BlackRock’s spot Bitcoin exchange-traded fund saw over $1 billion in four consecutive trading sessions as investors continued to get exposure to Bitcoin through the ETF. The inflows continued even as Bitcoin later fell from above the $87,000 price level, which suggests that demand through regulated funds remains strong despite the short-term profit-taking that was seen.
Bitcoin ($BTC) has shed 2.06% in value in the day, missing the $87,000 resistance line and pulling back to $84,425 at press time. Other than rising speculations of increased aggressiveness in the Middle East conflict, the drop is also a short-term consequence of the recent hike in US government bond yields. Bitcoin drops amid spike
Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs. The reversal broke the momentum behind a rebound that had accelerated as Bitcoin pushed through a large concentration of short positions earlier this week. Selling intensified after S&P Global released its September flash purchasing managers’
Why Draper Says His Team Is Growing Workers worried about AI replacing them received a different message from venture capitalist Tim Draper on Sept. 22: His team is growing as it uses the technology, rather than downsizing and replacing workers. In a post on X, the founding partner of Draper Associates argued that AI users
The Accounts Sold, Then Changed Direction The sequence appears in federal financial disclosures covering accounts in which President Donald Trump is named as the beneficiary. An Office of Government Ethics Periodic Transaction Report posted Sept. 22 runs 37 pages and contains 1,156 securities trades from July alone. Buried among them are three Strategy (Nasdaq: MSTR)
ZKsync is set to participate in the upcoming Sibos conference, where the team will lead conversations on institutional digital asset infrastructure and tokenized deposits. This engagement signals ZKsync’s commitment to advancing discussions around crypto’s role in traditional finance. The event presents a valuable opportunity for networking and collaboration on emerging technologies in the financial sector.
Coinbase has begun designing a post-quantum custody system intended to protect about $250 billion in institutional assets while supporting any new signature scheme adopted by Bitcoin or another blockchain. Coinbase prepares custody for several signature schemes MARA Foundation TV hosted Coinbase Chief Cryptographer Yehuda Lindell, who said the exchange wants its custody platform to remain