US Labor Data Beat Sends Bitcoin Lower Amid Fed Rate Uncertainty

[ad_1] Key points: The US economy added 162,000 nonfarm payroll jobs in August, nearly triple economists’ consensus estimate of 56,000.Bitcoin sold off from $81,300 to local lows of $78,600 following the data,... Read more »

Deribit ends daily proof of reserves amid Coinbase custody shift

[ad_1] Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings.... Read more »

Galaxy Bitcoin ETF Returns to Inflows Amid Coldcard Hack

[ad_1] US-listed spot Bitcoin exchange-traded funds (ETFs) are attracting fresh capital as a high-profile cryptocurrency custody incident puts renewed focus on digital asset security. Spot Bitcoin ETFs recorded $211.5 million in net... Read more »

Coldcard Mk3 Warning Amid Unexplained 594 BTC Sweep

[ad_1] Canadian Bitcoin hardware maker Coinkite has warned users of its Coldcard Mk3 signing device to move funds from wallets whose seed phrases were generated on affected firmware.  On Thursday, Coinkite said... Read more »

Yen Carry Trade At Risk Amid New 40-Year Highs Against US Dollar

[ad_1] Japan’s central bank is in focus this week as its next interest-rate meeting comes amid new 40-year yen lows against the US dollar. Key points:  The Japanese yen is approaching new... Read more »

Bitcoin Holds $65K Amid Tech Sell-Off. Cautious Bulls Eye $70K Rally.

[ad_1] Key takeaways: Bitcoin futures and options show whales still prefer hedging downside risks as socio-economic risks mount.Rising Treasury yields and declines in AI stocks fuel risk aversion, yet BTC’s strength signals... Read more »

Bitcoin Struggles At $65,000 Amid US-Iran War, Tech-Stock Selling Hurdles

[ad_1] Traders balked on Bitcoin (BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure. Key points: Bitcoin staged several unsuccessful attempts to break and hold $65,000.US stocks face pressure... Read more »

Bitcoin Sweeps Liquidity ‘Pockets’ Amid Doubts Over $67,000 Holding

[ad_1] Bitcoin (BTC) neared $67,000 at Monday’s Wall Street open as the US-Iran peace deal kept risk assets surging. Key points: Bitcoin adds to gains as US-Iran peace cues trigger broader risk-asset... Read more »

Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes

[ad_1] Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled. ... Read more »

Bitcoin Risk Index Climbs Amid ETF Outflows, Iran Fears

[ad_1] Bitcoin is sliding into a high-risk environment due to continued institutional selling, primarily from US spot exchange-traded funds, according to crypto analytics platform Swissblock. Swissblock said on Tuesday that its Bitcoin... Read more »