The Indian rupee (INR) has hit a two-month high after $136.4 billion in foreign currency inflows pushed reserves to a record $729.3 billion, while the Reserve Bank of India’s (RBI) short dollar position reached a record $137 billion. The rupee’s strength is changing the Bitcoin ($BTC) trade for Indian investors, as a stronger INR can […]
Last week, Federal Reserve Chair Kevin Warsh’s hawkish speech at the Jackson Hole event led to a Bitcoin [$BTC] price drop to $77k. The Fed was not yet done fighting inflation, and this news raised the odds of a rate hike to 57%. On Thursday, the 3rd of September, Bitcoin rallied 5% in a day […]
XRP could be on track for a major breakout if it clears a key technical resistance level that has capped gains for years. According to cryptocurrency analyst Ali Martinez in an X post on September 5, XRP has been forming a massive ascending triangle pattern on the monthly chart for nearly a decade, with the […]
For years, a British man watched bitcoin’s price rise while believing his investment in the cryptocurrency had been lost, beyond his reach. He bought his first bitcoin back in December 2011 through Britcoin, a U.K. exchange that later became Intersango. The exchange stopped trading in late 2012, before going offline by early 2014. “The worst […]
Spot Bitcoin ETFs traded in the US recorded strong capital inflows on Thursday, September 3rd. Market data showed a net daily inflow of approximately $730.8 million, with some market sources estimating total inflows at around $740 million. This figure represents the highest daily net inflow for spot Bitcoin ETFs in the past nine months. According […]
Why Strategy Published the Bitcoin Floor Chart Strategy Inc. (Nasdaq: MSTR) used the Sept. 1 chart to address a central risk created by its capital structure: how far bitcoin could decline before the reserve’s modeled value matched the obligations counted for each security. The company stated: “$BTC would have to fall 83% from current levels […]
APX Lending, Canada’s first regulated digital-asset-backed lender, launched a five-year revolving line of credit on September 3 that lets clients borrow against Bitcoin, Ethereum, or both, according to the company’s announcement. The facility carries no origination, prepayment, or liquidation fees and includes up to $250 million in collateral insurance coverage. How the Line of Credit […]
Bitcoin’s push above $80,000 lost an important policy cushion on Sept. 4, when the August jobs report came in far stronger than the recent hiring trend. The result made it harder for the Fed to justify holding rates steady on labor-market weakness alone. Bitcoin registered an intraday low of $78,660, but recovered to stay close […]
Crypto analyst Rekt Capital stated that Bitcoin has successfully retested its long-term macro downtrend line, beginning to confirm this area as support. According to the analyst, this trend line largely coincides with Bitcoin’s peak region in April-May 2026. A resurgence above this level for $BTC indicates that the recent breakout remains technically valid. Rekt Capital […]
In an 18-month counterterrorism operation, Federal Bureau of Investigation (FBI) agents confiscated more than $560,000 in crypto and dismantled the primary online network used by Hamas, a Palestinian political and military organization that is designated as a terrorist group by the United States, Israel, and the European Union. Federal investigators executed three cryptocurrency seizure warrants […]