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
Bitcoin has held a dense $85,000–$86,500 buyer cost range after reaching $87,392, but Bitfinex analysts have said continued ETF and corporate purchases are needed to confirm a new bull market. Bitfinex Alpha said in its Sep. 23 report that Bitcoin’s advance from its July 1 low of $57,803 has reached a test that separated lasting
Bitcoin’s price slid on Wednesday, just as U.S. Treasuries surged, with the 10-year yield climbing above 5% and reaching — its highest level since 2007. The price of the leading cryptocurrency was down 2% over a 24-hour period Wednesday afternoon in New York, and was trading hands for $84,357. Bitcoin’s price had surged earlier in
Polygon has made a significant move by launching its token, $BRS, specifically designed for Brazil. This announcement, highlighted by a tweet from the account @0xPolygon, emphasizes a focus on global outreach and expanding Polygon’s ecosystem. As the crypto market sentiment shifts, this launch could attract new users to the platform and enhance its competitive positioning
The Superintendencia de Banca, Seguros y AFP (SBSPerú) has revised its regulations to permit contributions to the Sistema Privado de Pensiones (SPP) via digital wallets and other digital payment methods. This significant change aims to streamline the contribution process for affiliates, enhancing user convenience. For more details, see the full announcement on their official Twitter