Bitcoin Surges to $117K as Fed Rate Cuts Loom
Bitcoin surged past $117,000 as traders prepared for Jerome Powell’s upcoming post-FOMC speech, which may trigger significant price volatility. #Update #Crypto $BTC
Bitcoin surged past $117,000 as traders prepared for Jerome Powell’s upcoming post-FOMC speech, which may trigger significant price volatility. #Update #Crypto $BTC
@Metaplanet announces new subsidiaries in the U.S. and Japan to expand its Bitcoin income business, despite a 1.16% stock drop to 594 JPY. Total Bitcoin holdings reach 20,136 BTC. #Update #Crypto $BTC
Quantexa launches a cloud-based AML solution for U.S. mid-size banks to combat crypto crime, following stablecoin legislation expected to boost competition. #Update #Crypto
Keyrock launches Asset & Wealth Management division after acquiring Turing Capital, enhancing crypto services for institutional and private investors. #Update #Crypto
The potential implementation of a “third mandate” by the US Federal Reserve could lead to aggressive monetary policies, benefiting cryptocurrencies like $BTC as lower long-term interest rates may drive capital towards them. #Update #Crypto $BTC
BlackRock’s Bitcoin ETF, IBIT, acquired 1,810 Bitcoin worth $209.2 million on September 16, demonstrating significant institutional investment in digital assets. #Breaking #Crypto $BTC
@GD_Culture will issue 39.2M shares for Pallas Capital’s assets, including $875.4M in $BTC, aiming to strengthen its crypto asset reserve. Stock reactions may be negative due to dilution. #Update #Crypto $BTC
Bitcoin ETPs saw a net inflow of 20,685 BTC last week, driven by U.S. ETFs, with $BTC demand outpacing supply. #Update #Crypto $BTC
Federal Reserve expected to cut interest rates; $BTC rises 5% this week but may not surge post-announcement. Traders eye Jerome Powell’s comments for further market direction. #Update #Crypto $BTC
Ethereum rallies as institutional demand and $730M ETF inflows boost $ETH, with analysts eyeing $8,500 if conditions remain favorable. Current price: $4,503. #Update #Crypto $ETH
President Trump proposes allowing 401(k) investments in private equity and cryptocurrencies, facing legal challenges as current regulations limit options to stocks and bonds. #Update #Legal
Bitcoin’s supply tightened with 44,000 BTC withdrawn in September, while US-listed ETFs saw $2.2 billion inflows, boosting demand ahead of the Fed’s rate decision. $BTC #Update #Crypto $BTC
Santander’s digital subsidiary Openbank launches crypto trading in Germany, integrating major tokens with EU-regulated security. #Update #Crypto
The SEC has delayed its decision on Truth Social’s spot Bitcoin ETF application, extending the review period to assess market risks and compliance concerns. #Update #Crypto $BTC