Bitcoin continues to hover below $78K, but the absence of meaningful upside progress is becoming increasingly important. After the initial breakout impulse, repeated failures to challenge the $80K-$82K supply area suggest demand is losing strength, raising the probability of a deeper corrective move. Bitcoin Price Analysis: The Daily Chart The daily chart shows BTC transitioning…
OKX may restrict account functions and funds for 15 days or longer when cryptocurrency deposits trigger enhanced anti-money laundering reviews, CEO Star Xu said on Sept. 2. Summary OKX may restrict accounts for 15 days or longer while reviewing flagged high risk deposits. Star Xu said confirmed illegal activity could lead OKX to terminate customer…
Investment advisors held $120.9 million of the reported XRP ETF exposure, far ahead of banks, brokerages, and hedge fund managers. Goldman Sachs, Jane Street Group, and Millennium Management were the three largest reported holders of spot XRP ETFs in second-quarter 13F filings, according to Bloomberg Intelligence data shared by James Seyffart on August 31….
Two Thai businessmen sued Tether on Aug. 31 in the U.S. District Court for the Southern District of New York, challenging the issuer’s authority to freeze approximately 42.4 million USDT before authorities secured a seizure warrant. Summary Tether faces a New York lawsuit over 42.4 million USDT frozen after an HSI request. Plaintiffs allege no…
Solana was trading near $102 on Tuesday, down more than 7% from its recent seven-month high of nearly $110. The recent price weakness has not stopped signs of stronger demand from building across the network. According to Ali Martinez, Solana recorded an average of 9.5 million new addresses per day over the past week, a…
X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to…
September has historically been predominantly weak month for the meme coin. July and August have been quite successful for the self-proclaimed Dogecoin killer, with its price closing both months in the green. Nonetheless, certain important elements suggest that September may not be as beneficial and could deliver a move south. The Worrying Signals The…
Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate…
As AI improves blockchain address labelling, Grayscale sees Zcash becoming more valuable for users. Artificial intelligence could usher in a new wave of concern over financial privacy, according to a Grayscale research report. The firm’s Head of Research, Zach Pandl, expects AI to create new privacy threats and drive demand for new solutions. He…
Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled…
