Key takeaways: The stablecoin SSR RSI signals “buy,” indicating high buying power. Long-term Bitcoin holders have accumulated 298,000 BTC. Bitcoin’s green September close historically precedes Q4 rallies, averaging 78% gains. Bitcoin (BTC) whipsawed through September, but managed to close the month 5% higher at $114,000 on Tuesday. Several key indicators now suggest that the recent…
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European crypto asset manager CoinShares is set to make another strategic acquisition as the company prepares to go public in the United States. CoinShares announced Wednesday that it will acquire London-based crypto investment manager Bastion Asset Management as part of its strategy to expand crypto investment products in the US. The deal, pending approval from…
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Japanese investment company Metaplanet has acquired an additional 5,268 Bitcoin, worth roughly $600 million at current market prices. Metaplanet announced on Wednesday that its latest purchase has brought its total Bitcoin (BTC) holdings to 30,823 BTC. The move catapulted the Tokyo-listed company to the fourth spot among corporate Bitcoin holders, overtaking the Bitcoin Standard Treasury…
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Key points: Bitcoin sees a fresh uptick ahead of the Wall Street open with $117,000 in sight. Liquidity below price thickens, leading to concerns that price may still “take out” longs. Gold repeats all-time highs, with Bitcoin finally attempting to follow its trajectory. Bitcoin (BTC) neared $117,000 on Wednesday as bulls continued to avoid a…
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The ballooning financial deficit of France’s central bank may spur a new wave of money printing, potentially unlocking billions in new capital for Bitcoin. France’s central bank, the Banque de France (BdF), reported a net loss of 7.7 billion euros ($8 billion) in fiscal year 2024, mainly driven by negative net interest income due to…
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Crypto will be necessary for artificial intelligence-powered agents to operate effectively in the financial market, as the infrastructure for the traditional finance system is outdated, says John D’Agostino, the head of institutional strategy at Coinbase. If AI agents are going to operate on behalf of people, then they need to operate on “true sources of…
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US House Republicans have told Securities and Exchange Commission Chair Paul Atkins that they are investigating the loss of text messages from former SEC Chair Gary Gensler from when he led the agency. The SEC’s Office of Inspector General’s findings in early September cast doubt on whether the Gensler-led SEC acted with transparency and integrity…
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Messaging app Telegram founder and CEO Pavel Durov says he invested in Bitcoin when the cryptocurrency was in its infancy and has since used his holdings to fund his lifestyle. “I was a big believer in Bitcoin since more or less the start of it. I got to buy my first few thousand Bitcoin in…
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The US Securities and Exchange Commission staff has opened up to allowing investment advisers to use state trust companies to custody cryptocurrency assets. In a rare no-action letter, the SEC’s Division of Investment Management said on Tuesday that it wouldn’t recommend that the SEC take enforcement action if advisers used state trust companies as a…
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The White House has withdrawn Brian Quintenz as Donald Trump’s pick to chair the commodities regulator, Politico reports. News COINTELEGRAPH IN YOUR SOCIAL FEED The Trump administration has reportedly pulled Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission. Politico reported on Tuesday, citing two people who knew of the decision ahead of its…
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