Key takeaways: The Bitcoin options skew and stablecoin activity show fear remains contained, pointing to limited downside pressure. Spot BTC ETF flows and top trader positioning confirm liquidity and resilience, signaling recovery potential above $120K. Bitcoin (BTC) fell to an 11-day low of $114,755 on Monday, igniting debate over whether Thursday’s record high signaled the…
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The US Treasury Department has issued a call for comments related to the passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law by President Donald Trump in July. In a Monday notice, the Treasury said “interested individuals and organizations” could provide feedback to the government department on “innovative…
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Former Ohio Senator Sherrod Brown, who lost his US Senate seat in 2024 to Republican Bernie Moreno amid more than $40 million in spending backed by the crypto industry, has launched an election bid for 2026. In a Saturday notice, Brown said he will run for Republican Senator Jon Husted’s seat in the 2026 US…
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Key points: Bitcoin is showing a negative divergence on the charts, signaling a weakening in bullish momentum. Buyers need to maintain Ether above $4,094 to retain the upper hand. Bitcoin (BTC) extended its pullback on Monday, suggesting profit booking by short-term traders. Analyst Captain Faibik said in a post on X that BTC could drop…
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Key takeaways: Bond market stress has historically aligned with Bitcoin cycle bottoms and could signal new buy opportunities. US debt surpassing $37 trillion and elevated 10-year yields point to macroeconomic pressures that may favor Bitcoin in Q4. A buying opportunity in Bitcoin (BTC) may emerge before a strong rally in Q4, and the bond markets…
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Key points: Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins. Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group. Crypto traders could be de-risking ahead of the US Federal Reserve’s Jackson Hole symposium. Bitcoin (BTC) returned to $116,000 after Monday’s…
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CMB International Securities Limited, a subsidiary of the China Merchants Bank (CMB) — one of China’s top banks — launched a cryptocurrency exchange in Hong Kong. According to a Monday CMB WeChat announcement, the bank has started offering virtual asset trading services. The launch comes after the Hong Kong Securities and Futures Commission approved the…
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A solo miner successfully mined a Bitcoin block on Sunday, collecting a 3.137 BTC payout, worth about $371,000 at the time. The miner operated through the Solo CK pool, a service for solo miners. They mined block 910,440 and collected the standard 3.125 BTC and about 0.012 BTC in transaction fees. The block included 4,913…
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A cryptocurrency investor turned a $125,000 stake into a multimillion-dollar profit trading Ether on a decentralized exchange, even as whales began locking in gains after the recent rally. The savvy trader turned an initial investment of $125,000 into over $43 million at its peak in just four months before the latest market downturn hit his…
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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, has added more BTC to its balance as the price swung to new all-time highs before retreating last week. Strategy acquired 430 Bitcoin (BTC) for $51.4 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. The new Bitcoin…
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