Markets
Bitcoin's price dipped following the release of higher-than-anticipated US Producer Price Index data and a fresh surge in 30-year bond yields, signaling persistent inflationary pressures impacting risk assets.
Markets
Bitcoin bulls struggled to maintain momentum over the US Labor Day weekend, as the asset dipped 2% and slipped below the critical $80,000 mark amidst notably low trading volumes.
Regulation
Polish lawmakers have failed to override a presidential veto of crucial cryptocurrency legislation, a decision heavily influenced by the escalating Zondacrypto scandal and the bankruptcy of its Estonian operator. This leaves Poland's digital asset sector in a state of regulatory limbo.
Markets
Hardware wallet giant Trezor has confirmed an additional data breach affecting 67,000 US customers, stemming from a third-party shipping provider. The incident exposes personal data, heightening risks of phishing and social engineering attacks for affected users.
Markets
U.S. spot Bitcoin ETFs recorded their strongest inflow day since January, pulling in $731 million as Bitcoin surged past the $80,000 mark. However, analytics firm CryptoQuant flags underlying weak fresh demand and highlights a critical $83,000 resistance level.
Regulation
Coinbase has launched regulated crypto derivatives for eligible Canadian traders, offering perpetual and dated futures with up to 10x leverage, signaling a significant expansion into the country's evolving digital asset market.
Infrastructure
Hyperscale Data is ceasing its Bitcoin mining operations in Michigan, reallocating significant capital towards an AI data center, a move that has seen its BTC holdings plummet by 79% to just 215 BTC since late July.
Markets
Crypto recovery specialists recently cracked a wallet believed to hold $1 billion, only to find a mere $10 inside, highlighting the complexities and often disappointing realities of lost crypto recovery.
Markets
A key on-chain indicator for Bitcoin's apparent demand has dipped back into negative territory, signaling potential headwinds for BTC price action as it struggles to maintain momentum below the $77,000 mark amidst broader market sell-offs.
Regulation
The UK House of Lords has voted to compel the Treasury to develop a mandatory, wide-ranging strategy for digital assets, signaling a significant shift towards structured crypto regulation.
Markets
Bitwise is discontinuing its Dogecoin exchange-traded fund (ETF), BWOW, less than a year after its launch, citing low asset under management (AUM) and investor interest. The fund held just $688,000 as of early September.