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Bitcoin Nears Golden Cross as USDT Adds Support to Bullish Signal
Bitcoin is nearing a golden cross, but the technical signal has a mixed record in crypto markets. CoinDesk reports that support from Tether’s USDT could make the current bullish setup more meaningful.
Hyperscale Data Ends Michigan Bitcoin Mining as Holdings Fall 79%
Hyperscale Data has ended Bitcoin mining in Michigan and is redirecting capital to its AI data center. Its Bitcoin holdings have fallen about 79% since late July to 215 BTC, Cointelegraph reported.
Bitcoin Reclaims $77,500 as XRP Leads Major Tokens and Fed Hike Odds Fall to 62%
Bitcoin rose back above $77,500 as XRP led major tokens. All major cryptocurrencies gained over 24 hours, while only zcash and hyperliquid remained higher on the week. Fed hike odds fell to 62%.
SEC Chair Expects Clarity Act to Pass This Month as Crypto Regulation Advances
SEC Chair Paul Atkins expects the Clarity Act to pass this month, Bitcoin Magazine reports. The projection comes despite a delayed vote as the SEC continues advancing its cryptocurrency regulatory agenda.
Cornell University Survey Examines Bitcoin’s Use When Banking Fails
Cornell University surveyed 25,880 people about Bitcoin use. Bitcoin Magazine reports that, despite limited technical understanding among many users, the asset is proving useful for some when traditional banking services fail.
Capital B Secures €7.6 Million From Adam Back for Another Bitcoin Purchase
French company Capital B raised €7.6 million from Adam Back to fund another bitcoin purchase, following a bitcoin fundraiser conducted by the company last month, Bitcoin Magazine reported.
Bitcoin Magazine Examines Quantum Computing Risks to Bitcoin
Bitcoin Magazine’s “The Quantum Issue” reviews quantum computing’s potential risk to Bitcoin, the network’s exposure, and the current state of solutions designed to improve protection, in an editorial by Shinobi.
Bitcoin’s apparent demand turns negative as price struggles with $77K
Bitcoin’s apparent demand indicator turned negative again after a brief August recovery, while BTC fell below $77,000 amid a wider sell-off in bond and equity markets, Cointelegraph reported.
North Korea-Linked Wallets Sold More Than $30 Million in Bitcoin Through Hyperliquid
Wallets linked to North Korea’s Lazarus Group sold more than $30 million in Bitcoin through Hyperliquid over three weeks, intensifying concerns about sanctions enforcement and the U.S. expansion of DeFi markets.