Bitcoin Daily Chart Records a Golden Cross
CoinDesk reports that Bitcoin’s daily chart has triggered a golden cross, a technical signal indicating the potential for a longer-term bullish trend in the cryptocurrency.
See the market, related assets, source and summary before opening a story so you can focus on what matters.
396 stories in this section
CoinDesk reports that Bitcoin’s daily chart has triggered a golden cross, a technical signal indicating the potential for a longer-term bullish trend in the cryptocurrency.
A Tether-backed crypto exchange has frozen withdrawals after reporting that more than $7 million moved from custody to outside wallets. The exchange said recovery efforts are still at an early stage, according to CryptoSlate.
Metaplanet CEO Simon Gerovich addressed shareholder concerns, acknowledging that the company had not adequately explained its structure. He also denied involvement in MMXX Ventures’ trading decisions, but shareholders say key questions remain unanswered.
A self-described white-hat party returned 3,400 BTC to Liquid Network’s federation wallet after bridge nodes were patched, while roughly 598.5 BTC—near $47 million—remains at the holder address.
The UK’s FCA is reportedly weighing whether to lift its ban on prediction markets and binary options for retail investors. Companies have been prohibited from selling, marketing or distributing the products in the UK since 2019.
Ethereum’s proposed Frames change would allow extra validation work at individual nodes, but privacy proofs studied so far exceed the shared 100,000-gas allowance. One proof reportedly requires nearly twice the proposed budget.
A CryptoSlate model indicates that one default could leave XRP lending-vault depositors bearing 90% of a 90,000-token loss, while ten smaller loans would produce a modeled loss of 4,500 tokens under the same coverage rates.
CryptoSlate highlighted operator-failure risks in a Solana AI payments system associated with a million-payments-per-second benchmark, including whether merchants can recover funds after delivering goods or services.
CryptoSlate reports that a reduced RowDAS design shared reconstruction duties in 1,000-node tests, potentially easing Ethereum’s rollup-related computing load while retaining reliance on high-custody nodes.
Researchers say an alleged flaw in Liquid’s transaction-validation cache may explain how unbacked tokens were created and redeemed for real Bitcoin in an incident involving roughly $320 million. Deployment timing has also drawn scrutiny.
Hyperliquid is testing HIP-3, a feature that lets operators restrict access to their own markets through venue-specific allowlists. The proposal leaves existing permissionless markets unchanged, according to CryptoSlate.
Vitalik Buterin estimates a 60% chance of a cryptography breakthrough involving three primitives. At least one, probably SNARKs, could arrive by decade-end and potentially weaken traditional Wall Street intermediaries.
CZ praised Kyrgyzstan’s KGST on September 5, while separate USDKG reporting points to institution-only direct redemption and UK sanctions against its issuer since May. The developments spotlight stablecoin exit-access risks.
A Coinbase-backed cross-chain project is shutting down after saying bridge fees cannot support always-on infrastructure. A planned burn of 303.3 million ROUTE tokens remains pending, CryptoSlate reported.
A whitehat hacker is holding roughly $320 million in drained Bitcoin until developers show that SideSwap’s critical flaw is patched. The bridge-created L-BTC reportedly passed valid authorization while nodes were paused.
Bitcoin fell and Treasury yields rose after Friday’s jobs report, but CoinDesk said expectations for a Federal Reserve rate hike remained largely steady, making the market’s hawkish reaction appear overstated.