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Bitcoin sell-side risk returns to rare lows as $80K sellers fade from view
Bitcoin held most of its August gains as data showed little panic selling and sell-side risk at rare lows. Cointelegraph also reported that sellers around the $80,000 level had faded from view.
Cointelegraph
India’s Arya.ag to record grain ownership data on Avalanche
Arya.ag plans to use Avalanche for grain ownership records in India. The system would combine farmer, warehouse, insurance and loan data for lenders, but no launch date or initial deployment size was disclosed.
Cointelegraph
Unicoin challenges Uniswap’s UNI trademark registration ahead of launch
Unicoin is suing Uniswap Labs and seeking cancellation of the UNI registration, while also requesting declarations on marks and domains. The complaint says Uniswap’s counsel sent three letters before Unicoin’s planned Sept. 28 launch.
Cointelegraph
Bitcoin Slumps as ECB Hikes Rates and U.S. Core PPI Eases but Remains Hot
Bitcoin declined as the ECB raised rates and U.S. core PPI eased but stayed elevated. Treasury yields and oil prices also extended their rises, reaching new cycle highs on Thursday.
CoinDesk
Bitcoin Holds Near $78,000 as Brent Tops $102 and Gold Falls Below $4,400
Bitcoin traded near $78,000 while Brent crude rose above $102 and gold fell below $4,400. Treasury yields climbed further, and technology futures weakened, according to CoinDesk.
CoinDesk
Bitcoin ETFs see second consecutive outflow as Ether, XRP and Solana funds attract inflows
Bitcoin ETFs posted a second straight day of outflows on Wednesday, losing $120 million—more than double Tuesday’s loss. Ether, XRP and Solana funds moved in the opposite direction, recording inflows.
CoinDesk
SGX Opens Bitcoin and Ether Perpetual Futures to U.S. Institutions
SGX has opened its bitcoin and ether perpetual futures to U.S. institutions, according to CoinDesk, linking American trading desks with crypto derivatives liquidity in Singapore and broader Asian market hours.
CoinDesk
LAPTOP memecoin plunges 98% as team blames bots for distorted launch
LAPTOP plunged 98% after its debut as the team blamed thin liquidity and automated traders for distorting the launch. Nansen data showed some early buyers facing six-figure losses after the memecoin’s sharp decline.
CoinDesk
Treasury’s $6 Billion Bond Operation Sets a Key Test for Bitcoin
The Treasury’s September 10 bond operation raises its limit to $6 billion, triple the prior level. For Bitcoin, accepted purchases and funding conditions may matter more than the intervention’s headline capacity.
CryptoSlate
Dogecoin leads major crypto losses as bitcoin holds $78,000
Dogecoin fell 5% to lead losses among major cryptocurrencies, while BNB dropped about 4% and XRP 3%. Bitcoin held the $78,000 level as oil prices pushed Treasury yields to their highest since late 2023.
CoinDesk
Dogecoin Leads Crypto Declines as Bitcoin Holds Near $78,000
Dogecoin fell 5% to lead losses among major cryptocurrencies, while BNB declined about 4% and XRP lost 3%. Bitcoin held the $78,000 level as higher oil prices pushed Treasury yields to their highest since late 2023.
CoinDesk
US sanctions Xinbi marketplace and restrains $52 million in crypto
The US sanctioned Xinbi and restrained $52 million in cryptocurrency, while the Justice Department seized its Telegram channels and two wallets. Investigators are pursuing 47 additional wallets tied to the alleged laundering network.
Cointelegraph