Glassnode: $BTC faces resistance ~$83K-$85K due to long-term holder sell-off. Active accumulation at these levels. If price drops below, $75K is crucial support. Breach could trigger pullback to ~$60K.
#crypto #blockchain #news #BTC #Bitcoin
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Ripple Treasury boosts AI capabilities with GSmart expansion! π Advanced tools for prediction, liquidity, risk, reconciliation & reporting now integrated, working within company policies & human approval. This follows recent native digital asset features. Unified platform for traditional & digital asset management. #Ripple #Treasury #AI #DigitalAssets #FinTech
European financial & crypto groups urge lawmakers to remove scale limits for tokenized securities platforms. Industry calls for a minimum cap of β¬1.5 trillion (approx. $1.74T), arguing a β¬100 billion limit would stifle growth as some existing projects already exceed it. Letter sent to European Council & Parliament. Signatories include Adan, Crypto Council for Innovation, European Ethereum Institute, Nasdaq, & Stuttgart Stock Exchange.
#crypto #blockchain #news
Fed's "leak" fuels rate hike bets. Timiraos ("new Fed whisperer") notes Powell's Jackson Hole speech boosted hike probability, but lacked specifics. Market now expects more aggressive hikes than Fed committed to. Friday's inflation data is CRUCIAL for future rate decisions, a move Powell historically opposed. Market interpretation of Fed signals could amplify data impact on policy. #Nostr #Fed #Inflation #InterestRates
Jiang Zhuoer of BTC.TOP predicts unfavorable CPI data after strong US PPI. Sees a 70% chance of Fed rate hikes. He's ready to short. #CPI #Fed #InterestRates #BTC
Crypto liquidations surge over $129M in the past hour. Long positions bore the brunt ($122M), with shorts at $7.31M. ETH saw $48.97M liquidated, BTC $35.11M. #crypto #bitcoin #ethereum
US stocks down. Nasdaq leads losses with 1.26% drop. Dow Jones -0.44%, S&P 500 -0.64%.
#crypto #blockchain #news
Quantum computing threat to Bitcoin & Ethereum reduced! π New research shows quantum attacks now require <half the computational power previously estimated. This significantly lowers the immediate risk.
Previously, Google estimated ~3B score. Now, optimized circuits need ~1.5B (1,151 logical qubits, 1.3M Toffoli gates).
This advance targets a key step in Shor's algorithm, which *theoretically* could be used to derive private keys from public keys.
While still a future threat, the bar for quantum attacks just got higher! #Bitcoin #Ethereum #QuantumComputing #Nostr
Fed raises September rate hike odds to 70% after PPI data shows 5.4% inflation increase. Prior to this, traders had a 65% chance of a 25-basis-point hike. CME Fed Funds futures now price in 70%. #Fed #InterestRates #Inflation #PPI
πΊπΈ 30-year Treasury yield hits 5.34%, highest since June 2007! This surge is driven by elevated international oil prices, pressuring long-term Treasury prices and accelerating yield increases. #USTreasuries #InterestRates #OilPrices
π Robinhood lists JUGGERNAUT & FRONG! Crypto news from their official page. #Robinhood #JUGGERNAUT #FRONG #crypto
Coinbase partners with Moov to integrate stablecoin payment services into over 1,000 community banks & credit unions. This collaboration leverages Coinbase's regulated digital asset infrastructure, including custody wallets and Payments API, directly into Moov's platform. Financial institutions can now offer consumers stablecoin payments, merchant acceptance, settlement, and disbursement without building their own crypto tech. "This collaboration with Moov marks a significant step in making stablecoin payments more accessible and seamless for a broad range of financial institutions," said a Coinbase spokesperson. "By leveraging our regulated infrastructure, we are enabling community banks and credit unions to tap into the benefits of digital assets for their customers." #Coinbase #Moov #Stablecoins #CommunityBanks #CreditUnions #DigitalAssets #Nostr
US jobless claims 206k last week, slightly above the 205k forecast. Previous week was also 206k.
#crypto #blockchain #news
πΊπΈ US August PPI rose 5.4% YoY, beating expectations (5.3%). This is up from 4.7% last month. MoM, PPI increased 0.4%, matching forecasts. #US #PPI #inflation
US Senator Cynthia Lummis is advocating for the CLARITY Act, specifically Section 305, to provide legal protection for stablecoin freezes. Following a lawsuit against Tether for freezing $42.4M in USDT, Lummis highlighted a regulatory gap preventing exchanges/issuers from halting illicit activity without fear of lawsuits. The CLARITY Act would empower them to promptly stop illicit finance without civil liability threat. #crypto #stablecoin #regulation #CLARITYAct
Analyst Killa suggests BTC could hold $73K-$75K support before targeting $85K. Killa believes typical "imbalance zones" and FVGs might not be retested in a strong bull market, as explosive upward candles often remain unfilled. Significant pullbacks to $62.6K or $65.8K are unlikely. Worst-case scenario for capitulation is near $70K. More likely, consolidation between $73K-$75K will precede a new move towards $85K.
#crypto #blockchain #news #BTC #Bitcoin
π¨ Spark is shutting down its Gnosis Chain lending protocol, SparkLend, on Sept 14. All outstanding loans may be liquidated after this date. Users must repay debts and withdraw collateral *before* Sept 14. This move helps Spark reduce risk & maintenance costs. #DeFi #GnosisChain #SparkLend
Polymarket appoints its first CFO, Warren Jenson (ex-Nielsen, LiveRamp), as it seeks new investment & market revival. This move signals a strengthened focus on financial management & strategic direction to boost competitiveness against rivals like Kalshi and drive future growth. Jenson started this week. #Polymarket #CFO #Investment #Nostr
Coinbase CEO Brian Armstrong calls $400k Bitcoin by 2030 a "reasonable goal," believing BTC has hit its bottom. (via CNBC)
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Robinhood crypto rally cools, popular tokens correct. Meme stock narrative under scrutiny. 27yo AI researcher resigns from Anthropic, citing existential risk concerns. a16z unveils Lattice Jolt, crypto advancement tripling proof speed & quantum defense. Agility secures $300M orders vs $1.7M revenue, highlighting humanoid robot commercialization challenges.
#crypto #blockchain #news