Bitcoin Rebounds Toward $86,000 as Oil Slides Below $90
Bitcoin recovered from Asian-session lows and traded near $86,000 as WTI crude fell below $90. Strong stock markets also supported risk appetite, CoinDesk reported.
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Bitcoin recovered from Asian-session lows and traded near $86,000 as WTI crude fell below $90. Strong stock markets also supported risk appetite, CoinDesk reported.
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Australia’s Treasury included AI among five forces expected to reshape the economy over 40 years, but left out crypto. Coinbase said the outlook overlooks digital financial infrastructure that future AI agents may need.
Bitmine bought another $74 million in Ethereum, bringing its holdings to nearly 5.99 million ETH, or 4.9% of supply. Chairman Tom Lee said Ethereum’s outperformance supports his view that a crypto bull market is underway.
Bitmine bought $75 million of ether as chairman Tom Lee said institutions remain underweight in crypto. Lee said ether’s strong third quarter could encourage investors to increase their digital-asset exposure.
Hyperliquid has debuted BVIV perpetual futures, allowing traders to take long or short positions on 30-day bitcoin volatility through Kinetiq’s Markets frontend. The launch was led by Volmex CEO Cole Kennelly, CoinDesk reported.
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JPMorgan and Citi have processed billions in tokenized deposits within their own branch networks, while a U.K. challenger bank is preparing a move beyond the model used by both Wall Street firms, CoinDesk reports.
A former Hong Kong banking official received a four-year prison sentence over $1.6 billion in false letters of credit and $470,000 in cryptocurrency bribes, according to a Cointelegraph report.
A former Hong Kong banking official received a four-year prison sentence over $1.6 billion in false letters of credit and $470,000 in cryptocurrency bribes, according to Cointelegraph.
The CFTC has sent a prerule covering crypto asset transactions and markets to the White House for review, signaling plans to pursue a derivatives framework under its own authority after the Clarity Act collapsed.
SALT Lending CRO Hunter Albright outlines how Bitcoin-backed loans and stablecoins could develop over the next three to five years, potentially giving long-term BTC holders additional ways to access liquidity while retaining their holdings.