Author: John Smith
Bitcoin price fell back below $80,000 after stronger-than-expected US employment data lifted Federal Reserve rate-hike expectations, while technical charts showed the rally had already met resistance near $82,500. Summary Bitcoin price traded near $79,600 after retreating from an intraday high around $81,370. US employers added 162,000 jobs in August, while unemployment remained unchanged at 4.1%. Daily resistance stands near $82,500, with 4-hour Supertrend support around $78,190. Liquidation clusters near $80,000 and $82,000 could shape Bitcoin’s next short-term move. Bitcoin price falls below $80,000 According to data from crypto.news, Bitcoin (BTC) price traded near $79,600 at the time of writing, down…
Bitcoin holders whose coins have remained dormant for more than five years have doubled their spending activity since May, pushing the cohort’s 90-day average to about 1,500 BTC. Summary Five-year Bitcoin holders’ 90-day spent-output average has climbed to approximately 1,500 BTC. Activity has doubled from its May level as Bitcoin continues to trade within a tight range. Spent UTXOs show that old coins moved, but they do not confirm sales. Coldcard-related security concerns may account for part of the increased wallet activity. Bitcoin OG activity doubles from May levels CryptoQuant analyst Darkfost reported that activity among Bitcoin’s oldest holders has…
Starknet lending protocol Vesu has reported that a faulty Pragma price feed triggered the abnormal liquidation of 47 positions holding $3 million in collateral on Sept. 4. Summary 47 Vesu positions were liquidated across several pools during a two-minute oracle failure. $3 million in collateral was affected before the Pragma price feed corrected itself. Vesu said its contracts worked as programmed and contained no protocol vulnerability. Vesu and other Starknet organizations are trying to recover funds for affected users. Vesu traces $3M liquidation to Pragma price feed Vesu said in a Sept. 5 incident disclosure that the liquidations occurred between…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. With the continuous development of artificial intelligence and digital asset technology, more and more XRP holders are paying attention to automated trading and intelligent asset services. Rather than waiting for market price changes, some users hope to leverage AI data analysis and automated systems to understand and manage their digital assets more efficiently. Summary XRPPower offers automated yield contracts supporting XRP, BTC,…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. Since the start of September, the cryptocurrency market has once again been influenced by macroeconomic news from the Federal Reserve. Summary XRP rebounded to about $1.45 after Fed rate-hike concerns eased. The token gained roughly 5% weekly and 37% over the past month. Traders are monitoring $1.35–$1.38 support and resistance near $1.70. EX DeFi advertises cloud-mining contracts and support for several digital…
Router Protocol has announced that it will end more than four years of cross-chain development, close all operations by Sept. 30, 2026, and permanently burn 303,333,198 ROUTE tokens held in its treasury. Summary Router Protocol will wind down its remaining operations before Sept. 30, 2026. The project will permanently burn 303,333,198 ROUTE tokens held in its treasury. Centralized exchanges will publish separate ROUTE delisting and withdrawal schedules. ROUTE fell about 50% after the announcement and reached a new all-time low. Router Protocol shutdown follows two years of financial pressure According to Router Protocol’s announcement on X, weak revenue and limited…
Poland’s Sejm has fallen 25 votes short of overriding President Karol Nawrocki’s third veto of a crypto regulation bill, with 241 lawmakers supporting the measure against the 266 required. Summary The Sejm voted 241–198 to override Nawrocki’s veto, while three lawmakers abstained. Passing the bill again required a three-fifths majority, or 266 of the 442 lawmakers present. The legislation would have placed Poland’s crypto market under the supervision of the KNF. Donald Tusk cited testimony from the Zondacrypto investigation while urging lawmakers to support the bill. Polish Radio reported on Sept. 4 that Poland’s lower house failed to pass the…
In this week’s edition of the weekly recap, Polymarket pursued a $1 billion funding round at a proposed $21 billion valuation, while Cronos reversed its blockchain after a $75 million exploit. U.S. spot Bitcoin ETFs also posted their strongest daily inflow since January as BTC briefly crossed $82,000. Summary Polymarket’s planned $1 billion round would value the prediction market platform at $21 billion. Cronos validators reversed the blockchain after a Tectonic exploit affected about $75 million in assets. U.S. spot Bitcoin ETFs recorded $730.8 million in net inflows on Sept. 3. FinCEN linked $12.7 billion in transactions to Southeast Asian…
Robinhood has rejected AMC Entertainment’s demand to halt an AMC-linked token, turning a dispute over one of its 189 stock products into a test of how US rules may treat third-party tokenized equities. Summary Robinhood’s legal chief told AMC to send its lawyers after the theater chain demanded a trading halt. AMC token holders receive economic exposure but do not own shares or acquire shareholder rights. RedStone says issuer consent and securities registration will determine which tokenization models survive. SEC advisers have sought clear ownership disclosures and oversight for third-party tokenized securities. Robinhood chief legal officer Dan Gallagher refused AMC…
Strategy Executive Chairman Michael Saylor has defended Americans’ ability to advocate for Bitcoin without a license, while separating public recommendations from fraud and market manipulation. Summary Saylor said Americans do not need a license to discuss or publicly recommend Bitcoin. The Strategy chairman described Bitcoin as a commodity rather than a security. The CLARITY Act faces a 60-vote procedural test in the Senate on Sept. 15. Strategy recently bought 4,603 BTC for $369.7 million after pausing purchases for about 10 weeks. According to a Sept. 4 X post, Saylor argued that discussing Bitcoin, advocating for its adoption, and recommending ownership…