🔍Bitcoin Navigates Macro Headwinds and Hawkish Fed Odds Near 78000

Bitcoin is currently trading at 77568, representing a 1.48% decline over the past 24 hours. This slight downward move suggests a phase of short-term consolidation and caution among market participants, who are defending key support levels near the 78000 threshold while reassessing the broader macroe

Bitcoin Down as 'Rektember' Gets Underway — Market Talk

Bitcoin Down as 'Rektember' Gets Underway — Market Talk

Bitcoin is down 0.6% to $76,987, under pressure after Fed Chair Warsh's recent speech that pushed overall market sentiment toward a quarter-point rate hike later this month. Alternative store-of-value assets like gold and bitcoin have been hit by higher Treasury yields, which come at a time known to

Sality Takedown Isolates 15,000 Machines Used in Crypto Theft

Sality Takedown Isolates 15,000 Machines Used in Crypto Theft

CrowdStrike and the U.S. Department of Justice disrupted the Sality botnet, isolating more than 15,000 infected machines that had been used to distribute malicious payloads. Active since 2003, Sality spent the past eight years primarily delivering EggJagger, a tool that monitored copied cryptocurren

Cryptos Hesitant Despite Easing In Bond Yields

Cryptos Hesitant Despite Easing In Bond Yields

WASHINGTON (dpa-AFX) - A weaker-than-expected update from the U.S. job market that triggered an easing in bond yields and the toning down of Fed rate hike bets failed to lift cryptocurrencies to the overnight green zone. Anxiety ahead of the monthly payrolls data due on Friday weighed on sentiment.

Oil Hovers Close to $95 as Middle East Conflict Further Pressures Bonds

Oil Hovers Close to $95 as Middle East Conflict Further Pressures Bonds

By Joe StonorOil hovered around $95 a barrel as the U.S. and Iran exchanged fresh strikes, putting further pressure on bond yields as a rout in sovereign debt extended in early European trade.Brent crude extended its gains following the latest round of fighting in the Middle East before President Tr

A Bitcoin Hard Fork Went Live September 1. Miners, Exchanges, and Traders Ignored It

A Bitcoin Hard Fork Went Live September 1. Miners, Exchanges, and Traders Ignored It

Luke Dashjr’s Bitcoin hard fork went live on September 1, and it arrived almost empty. The new BLAKE2b chain drew little hashrate, while Blockstream CEO Adam Back reduced the whole episode to one line.Dashjr broke away from Bitcoin by swapping its mining algorithm, a change meant to let ordinary co

Strategy CEO says selling bitcoin at $60,000 before buying at $80,000 was the ‘right trade’

Strategy CEO says selling bitcoin at $60,000 before buying at $80,000 was the ‘right trade’

Strategy CEO Phong Le brushed aside concerns over the company’s sale of roughly 7,000 bitcoin at $60,000-$65,000 before it resumed buying around $80,000, saying the trades were driven by capital costs rather than bitcoin’s price."It was the right trade at the time to sell bitcoin to fund some of our

Ethereum slips toward $2,400: key ETH levels to watch if support breaks

Ethereum slips toward $2,400: key ETH levels to watch if support breaks

Ethereum has fallen 2.3% over the past 24 hours to roughly $2,414, putting the $2,400 level under pressure as geopolitical tensions, higher Treasury yields and large whale transfers weigh on ETH.CoinGecko puts ETH at $2,414 at the time of writing, after the token fell from the $2,480 area and briefl

Bitcoin Rises as Investors Seek Diversification — Market Talk

Bitcoin Rises as Investors Seek Diversification — Market Talk

Bitcoin edges higher, but stays below the 80,000 key level, as investors look to diversify their investments. Markets face high uncertainty due to the Middle East conflict as well as elevated borrowing by corporates and governments, causing traders to seek diversification in alternative assets. Bitc

Tether Sued Over $42.4M USDT Freeze: Two Thai Brothers Challenge Government-Requested Blacklist

Tether Sued Over $42.4M USDT Freeze: Two Thai Brothers Challenge Government-Requested Blacklist

Tether, the issuer of the USDT stablecoin, is being sued in New York for over $42.4 million in USDT after two Thai businessmen accused the government of freezing their wallets without a warrant or court order.The case now raises a bigger question, can Tether legally block, burn, or reissue privately

Wall Street Turns Defensive As CNBC Committee Refuses To Sell

Wall Street Turns Defensive As CNBC Committee Refuses To Sell

Wall Street desks turned defensive as September began, while CNBC’s Investment Committee said none of its four members plans to sell. According to BeInCrypto, the split comes after 27 record closes this year and ahead of September, historically the weakest month for stocks. Scott Rubner of Citadel S

ETH Falls Below $2,400 as Whale’s 45,000-Token Long Position Loses $4.1 Million

ETH Falls Below $2,400 as Whale’s 45,000-Token Long Position Loses $4.1 Million

ETH fell below $2,400, and a whale holding a long position of 45,000 ETH is down $4.1 million. According to Odaily, the whale added 28,300 ETH on August 31 after ETH dropped below $2,500, bringing the position to more than $107 million and making it the second-largest ETH position on Hyperliquid. Th