Crypto News
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Crypto
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Nigel Farage-backed Stack BTC plans $16 million gold dealer acquisition
Stack BTC, backed by Nigel Farage, plans to acquire a gold dealer for $16 million. The proposed deal would use cash flow from precious-metals sales to increase the company’s bitcoin holdings, CoinDesk reports.
Bitcoin Short-Term Holders Near a Month of Partial Profit as Bullish Odds Improve
Bitcoin short-term holders have stayed in partial profit for nearly 30 days, with CryptoQuant analysis pointing to improving odds of a lasting bullish BTC reversal, Cointelegraph reported.
Strive’s Bitcoin Holdings Reach 25,000 BTC After $36.6M Purchase
Strive’s Bitcoin holdings have reached 25,000 BTC after a $36.6 million purchase funded entirely through preferred stock. The transaction pushed SATA’s notional value above $1 billion for the first time, Decrypt reported.
Bitcoin Retreats to $77,800 as Clarity Act Vote Approaches
Bitcoin fell back to $77,800 from $79,000 as the Senate prepared to vote on the Clarity Act. CoinDesk also noted rising oil prices, with Brent and WTI among the related market assets.
Swiss Bitcoin Pay Temporarily Shuts Servers After Data Breach
Swiss Bitcoin Pay temporarily shut down its servers after a reported data breach. The company said funds were safe, while customer emails, bitcoin addresses, IBANs, transaction history and hashed passwords may have been exposed.
Bitcoin Nears $80,000 as Trump Signals Possible End to US-Iran War
Bitcoin rose above $79,000 and moved toward $80,000 after Donald Trump suggested the US-Iran war could end. Oil prices fell, with Brent and WTI among the markets affected by the geopolitical developments.
Bitcoin Rises as Calls to Slow AI Progress Pressure Chip Stocks
Bitcoin advanced as calls by AI executives to slow capability gains pressured Nvidia, Intel, AMD and other chip stocks, according to Decrypt. The cryptocurrency moved higher despite the negative reaction in AI-related equities.
Bitcoin Faces Fresh Liquidity Test Ahead of US Tax Deadline
US tax payments due September 15 could draw on bank reserves before the Federal Reserve’s decision, creating another liquidity test for Bitcoin. Treasury spending and Fed tools may help cushion any pressure, CryptoSlate reports.
Hedge funds expanded positions by $400 billion ahead of Bitcoin’s September rate test
Federal Reserve data showed hedge funds added $400 billion to gross exposure in Q2. Crypto spillover remains uncertain, with Bitcoin’s September reaction depending largely on funding stress after the FOMC decision.
Orange Juice Presents a Berkshire Hathaway-Inspired Bitcoin Playbook
Bitcoin Magazine introduces Orange Juice as a new corporate Bitcoin playbook modeled on Berkshire Hathaway. The report provides no details on holdings, performance, transactions, valuation, or investment outlook.
Bitcoin Holds Near $78,000 as Nasdaq Futures Point to Weak Wall Street Open
Bitcoin remained near $78,000 while Nasdaq futures pointed to early losses before Monday’s cash session. Software shares rose in premarket trading, leaving investors to assess whether equity selling would broaden.
Leveraged Funds Increase Bitcoin Futures Shorts Ahead of Fed
CFTC data cited by CryptoSlate showed leveraged funds rebuilding 1,669 BTC in Bitcoin futures shorts before the Fed, taking their net short near 39,877 BTC, while rising longs complicated the bearish signal.