A new political action committee (PAC) focused on backing “pro-innovation, pro-crypto candidates” in the United States has launched with $100 million. In a Monday X post, the Fellowship PAC said it had launched “with over $100 million” from unnamed sources as part of efforts to support the Trump administration’s digital asset strategy. The PAC said…
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Key takeaways: Bitcoin could retest the $111,000–$113,000 zone, mirroring the breakout structure seen in Q2. The URPD metric shows 5.5% of BTC supply clustered between $110,000–$113,000. Fresh mid-sized holders absorbed whale distribution of 715,000 BTC. Bitcoin (BTC) has rallied nearly 6% in September, defying its bearish seasonality. After a strong weekly performance, the asset topped…
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Key points: Bitcoin is facing significant resistance at $117,500, but the bulls remain on top as long as the price stays above $113,400. Several altcoins are showing signs of profit booking in the near term, but lower levels are likely to attract buyers. Bitcoin’s (BTC) failure to cross above the $117,500 resistance on Monday attracted…
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Strategy, the business intelligence company co-founded by Michael Saylor, has increased its Bitcoin holdings to more than $73 billion after a reported purchase as part of its treasury strategy. In a Monday notice, Saylor said the company had acquired 525 Bitcoin (BTC) for about $60 million, given an average price of $114,562 per coin. The…
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Key points: Bitcoin diverges from stocks and gold to see daily losses of 2% to start the week. Analysis hopes that the upcoming Federal Reserve interest-rate decision will provide a BTC price boost. Hidden bullish divergences strengthen the case for BTC price gains. Bitcoin (BTC) struggled at $115,000 into Monday’s Wall Street open as analysis…
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Bitcoin’s core software lowered the default minimum relay fee for transactions, marking one of the most significant changes in years for economically moving funds across the network. Bitcoin Core 29.1, released on Sept. 4, sets the default minimum relay fee rate to 100 satoshis per thousand virtual bytes (0.1 sats/vB), a 90% reduction from the…
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Opinion by: Reeve Collins, co-founder of Tether and chairman of STBL Stablecoins have become the universal backbone of digital markets. Every month, trillions of dollars flow through them. Globally, they clear trades, settle remittances and provide a safe harbor for cash onchain. Yet despite their broad adoption, the original design has barely changed since 2014.…
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Crypto investment products reversed their recent outflow trends last week, with Bitcoin, Ether and Solana exchange-traded products (ETPs) recording significant inflows. Global crypto ETPs saw $3.3 billion in inflows last week, lifting overall assets under management (AUM) to $239 million, near the record high in August. Last month, crypto ETPs saw an all-time high AUM…
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France warned it may try to block cryptocurrency companies operating locally under licenses obtained in other European countries, raising enforcement gap concerns regarding the European Union’s crypto regulatory framework. France’s securities regulator, the Autorité des Marchés Financiers (AMF), told Reuters Monday that it is concerned about potential regulatory enforcement gaps related to Europe’s Markets in…
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Key takeaways: Bitcoin’s weekly close above $115,000 signals bullish strength. BTC’s bull flag breakout could trigger a rally to $120,000. Bitcoin (BTC) may see further upside over the next few days after BTC/USD ended the second week in the green above $115,000, according to analysts. Why Bitcoin is bullish above $115,000 Bitcoin price completed its…
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