Bitcoin weathers September storm as rate hikes and Clarity act setback test bulls
Bitcoin is down just 1.5% in its historically weakest month and remains on track for its first quarterly gain in a year, despite rising rates, surging oil and…
Live updates: HYPE leads altcoin rally as bitcoin recovers toward $78,000
Bitcoin recovered from $75,972 overnight to just below $78,000, a third straight day of gains. Source:CoinDesk
Bitcoin cycle bottom may already be in at $58K, says analyst James Check
Onchain analyst James Check says Bitcoin may have bottomed near $58,000 after two capitulations and warns against anchoring to an October low.…
Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled…
Corporate treasuries bought just 5,900 bitcoin in 3 months. Other demand signals look weak, too.
Corporate treasuries bought just 5,900 bitcoin in three months, while broader demand signals remain weak. Source:CoinDesk
US sanctions Iran’s BitBank, saying it processes ‘Hormuz Safe’ Bitcoin payments
US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of…
Bitcoin coils near $76.5K as US stocks rebound from Fed rate hike
Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve’s first interestrate hike since July 2023.…
Bitcoin could be headed for $230,000 in less than a decade. Here are seven ways to value the crypto.
John Laforge, of Ned Davis Research, said network adoption is the best way of assessing the cryptocurrency’s worth. Source:MarketWatch
State hackers drive 420% surge in onchain malware, Chainalysis finds
North Korealinked hackers used Tron, Aptos and BNB Chain to maintain malware infrastructure, while suspected Iranlinked actors embedded directions in Bitcoin…
Revolut says no direct contact after $3 million public ransom demand
Revolut says it received no direct contact despite separate ransom demands for $3 million in Monero and 10,000 Bitcoin from competing breach claimants.…
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a…
Bitcoin absorbs Fed rate hike as officials see more tightening
Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of…