Crypto News
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Bitcoin Rally Faces a Historical Test After Strong Monthly Gain
Bitcoin has delivered one of its best monthly performances in years, but Decrypt says historical chart patterns create a potential obstacle. The rally has challenged the crypto winter trend while leaving the outlook technically complex.
Decrypt
Kalshi Permanently Bans George Santos Over Insider Betting Investigation
Kalshi permanently banned former Republican politician George Santos after an insider-betting investigation and suspended Laurie Buckhout for three years. Cointelegraph described the Santos action as the platform’s first lifetime ban involving a politician.
Cointelegraph
Bitcoin Faces September Pressure as Rate-Hike Risk Meets Weak Seasonality
Bitcoin begins September facing two potential headwinds: historically weak seasonal performance and renewed rate-hike risk. CoinDesk said the combination could threaten the cryptocurrency’s rally, without providing a price target or market forecast.
CoinDesk
BlackRock drives $217M Bitcoin ETF rebound as altcoin funds extend inflow streaks
Bitcoin ETFs posted a $217 million rebound led by BlackRock, while Ether ETFs reached 11 consecutive inflow sessions. XRP and Solana funds each recorded a 10th straight positive session, Cointelegraph reported.
Cointelegraph
Ontology pauses mainnet transactions during security review
Ontology has paused mainnet transactions while its technical team examines a potential security issue. No incident or asset loss has been confirmed, and the project has not disclosed when transactions will resume.
CryptoSlate
Corporate Bitcoin Holdings May Create Hidden Conditional Supply
CryptoSlate examines how PowerCompute and USBC use collars, options and secured loans around Bitcoin holdings. Such arrangements can turn apparently passive corporate BTC treasuries into assets subject to contractual conditions and potential future supply.
CryptoSlate
Bitcoin Holds Above $78,000 as Iran Strikes Pressure Stocks and Support Oil
Bitcoin remains above $78,000 and is on track for its best month since 2017, even as a hawkish Fed, US strikes on Iran and renewed Middle East conflict weigh on stocks and lift crude oil.
Decrypt
Bitcoin swings as US bond yields approach a potential 20-year high
Bitcoin made sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields. Yields were approaching a new 20-year high during the volatile monthly close, Cointelegraph reported.
Cointelegraph
Bitmine reaches 4.9% of Ethereum supply after adding 53.5K ETH
Bitmine now controls 4.9% of Ethereum’s supply after adding 53,500 ETH, Cointelegraph reported. The purchase marks 65 consecutive weeks of accumulation despite a prolonged crypto downturn and $5.1 billion in paper losses.
Cointelegraph
Robinhood Chain Surpasses Ethereum in Daily Revenue on Memecoin Activity
Robinhood Chain recorded $2.66 million in revenue and 5.52 million transactions on Aug. 30, surpassing Ethereum’s daily revenue as memecoin tools drove most activity and users launched 22,600 tokens.
CoinDesk
Bitcoin Holds Steady as U.S. Strikes on Iran Send Oil Higher and Stocks Lower
Bitcoin held steady after U.S. strikes on Iran pushed oil prices higher and stocks lower. The cryptocurrency has gained 24% in August and is on track for its best month since November 2024.
CoinDesk