Key Takeaways Glassnode says a historic spike in short liquidations on Aug. 19, ignited bitcoin’s rally past $80,000. Bears lost $1.74B on Aug. 19 as U.S. spot Bitcoin ETFs later absorbed over $2.2B in weekly net inflows. Analysts expect 1.05M BTC held between $83,000 and $86,000 to present a major supply test for bitcoin. Record
Key Takeaways BTCB2 had a pretty wild run, moving from around $80 to a $176 ask, with Neoxa Exchange’s thin order books making the price swings even sharper. BTCB2/USDC volume on Neoxa Exchange reached roughly $94,100, although some users have been questioning how much trust to put in the platform and its pricing. BitcoinBIP110.org cautioned
Key Takeaways Twenty One Capital says bitcoin entered its first hashrate bear market after peaking near 1.3 ZH/s. AI demand is pulling power from bitcoin mining, potentially boosting economics for miners that stay. Recent bitcoin miners’ transition to AI suggests the shift may deepen as miners favor long-term AI contracts over BTC. Twenty One CEO
Key Takeaways The SEC’s Sept. 17 roundtable will look at what 24/7 trading could mean for U.S. stocks. Of the 27 TradFi firms joining the roundtable, 18 already have ties to crypto. Paul Atkins says any move toward 24/7 markets needs to expand access while still protecting investors. Digital currencies have always traded 24/7/365 since
Key Takeaways Bitcoin’s price managed to hold the $76,000 foundation level on Sept. 2, even after sliding 2.2% on the 1-hour chart. Zooming out, bitcoin was still up a solid 17.8% over the daily window, despite pulling back from its $81,455 high. For now, $75,000 is the big level to watch, while 11 moving averages
Key Takeaways Kiyosaki says $1.2 billion in debt backs roughly 1,500 apartment units and several hotels. The debt is shared among a group of investors; Kiyosaki’s personal share is far smaller. Kiyosaki remains a vocal bitcoin holder, calling it a hedge against inflation and dollar risk. Kiyosaki Doesn’t Care Robert Kiyosaki, the 79-year-old author of
Key Takeaways Wallets with 100+ BTC added about 60,000 BTC between Aug. 1 and Aug. 30, Cryptoquant says. Mid-size wallets (1-100 BTC) sold roughly 33,000 BTC over the same stretch. Whale buying accelerated after bitcoin’s price broke $62,000-$65,000 on Aug. 19. The Chart Behind the Bitcoin Price Rally Cryptoquant analyst Woo Minkyu laid out the
Key Takeaways The SEC will host a 24-hour trading roundtable on Sept. 17 with 17-plus major panelists. Panelists include Blackrock, Citadel Securities, NYSE, Nasdaq, Robinhood and Interactive Brokers. Nasdaq already plans a near-23-hour trading day launching Dec. 6, ahead of final SEC sign-off. A Roundtable With Wall Street’s Biggest Names The SEC announced this week
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Anonymous social media accounts in the Philippines may soon be a thing of the past if the government gets its way. The Department of Information and Communications Technology (DICT) is formally pushing Meta to integrate
Key Takeaways Kent County woman won $1 million on Michigan Lottery’s $1,000,000 Bonus Scratch Multiplier. She took a lump sum of about $693,000, or 69% of face value, rather than annuity payments. The $10 game has paid more than $16 million since February, with two top prizes remaining. A $10 Ticket and a 31% Discount