Category: Bitcoin News

Circle and Crossmint Expand Stablecoin Rails for Humans and AI

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Stablecoin company Circle’s venture capital arm has partnered with crypto infrastructure firm Crossmint to expand the USDC stablecoin across more blockchain rails as part of its aim to reach billions of users, including AI agents. “By combining Crossmint Wallets and APIs for stablecoin onramps, orchestration, and agentic payments with USDC […] we’re laying the foundation for a new era of finance: one where money moves near-instantly, access is global, and systems are built for both humans and machines,” Crossmint said on Wednesday when it announced the partnership with Circle Ventures.…

BTC Bulls Lead $22.6B Monthly Options Expiry, Is $120K Next?

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Key takeaways: Bullish bets dominate the September Bitcoin options expiry, assuming BTC price holds the $110,000 support level. Despite higher demand for bullish bets, macroeconomic uncertainty keeps downside risks on the table. A total of $22.6 billion in Bitcoin (BTC) options are scheduled to expire on Friday, creating a decisive moment after the sharp rejection at $117,000. Currently, bullish strategies remain better positioned heading into the expiry as long as the $112,000 level holds. Bitcoin options aggregate open interest by expiration, USD. Source: laevitas.ch Deribit continues to dominate the market,…

ASTER’s $9M Whale Rotation From HYPE Sparks 480% Rally Narrative

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Key takeaways: Aster (ASTER), the decentralized exchange (DEX) token tied to Binance founder Changpeng “CZ“ Zhao, may flip its rival Hyperliquid’s (HYPE) by market capitalization and rally 480%, multiple analyses show. ASTER price can grow 480%: analyst Market analyst Marcell says ASTER could absorb much of HYPE’s market cap, pointing to a straightforward comparative valuation. At its peak earlier this year, HYPE’s market cap climbed above $18 billion, nearly 4.8 times higher than ASTER’s current $3.74 billion. Source: Marcell/X If ASTER were to simply match that same valuation, its token…

Ether vs. Bitcoin treasuries: Which strategy is winning

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The treasury model: Why corporations and nations hold crypto In recent years, companies and countries have increasingly included cryptocurrencies in their treasury strategies. Traditionally, corporate treasuries relied on cash, gold or government bonds to maintain value, ensure liquidity and provide financial stability. Governments had gold reserves to back their currencies. However, cash loses purchasing power. Bonds carry rate and duration risk. Foreign exchange shocks hit balance sheets without warning. Ideally, you want a reserve that holds value, moves fast across borders and plugs into digital rails. That is why Bitcoin…

Saylor Predicts Year-End Bitcoin Rally Due to Demand Squeeze

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Bitcoin will start to gain again toward the end of the year, after facing upward pressure from growing corporate and institutional interest, says Strategy executive chairman Michael Saylor. Saylor told CNBC’s Closing Bell Overtime on Tuesday that corporate adoption of Bitcoin (BTC), along with the consistent acquisition of Bitcoin by large exchange-traded fund (ETF) funds on behalf of institutional investors, is taking up all the natural supply. Saylor added that “companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” which…

SOL Leverage Longs Jump Ship, Is $200 Next?

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Key takeaways: SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains. Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals remain supportive. Solana’s native token, SOL (SOL), dropped to a two-week low of $213 on Tuesday, reflecting heightened risk aversion across the cryptocurrency market. The initial optimism that followed the US interest rate cut on Wednesday quickly dissipated as concerns about the labor market and mounting inflationary pressures resurfaced. Over a 48-hour span, SOL’s price declined 12%, triggering $112 million in…

FTX Trust Seeks to Claw Back $1B from Genesis Digital

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The entity responsible for handling cryptocurrency exchange FTX’s bankruptcy filed a lawsuit seeking to recover more than $1 billion in funds sent by its former CEO, Sam “SBF” Bankman-Fried. In a Monday filing in the US Bankruptcy Court for the District of Delaware, the FTX Recovery Trust filed a complaint against crypto mining company Genesis Digital Assets (GDA), its affiliates and two of its co-founders as part of its efforts to recover $1.15 billion of “commingled and misappropriated funds.” According to the filing, the funds were directly tied to Bankman-Fried’s “fraud…

Bitcoin Analysis Warns of a $108,000 Breakdown Next

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Key points: Bitcoin faces problems recovering from its dip to $112,000 as traders agree on the odds of a fresh dip. Nasdaq Performance is on the radar as overheated RSI conditions raise concerns over a crypto knock-on effect. A senior Federal Reserve official puts faster interest-rate cuts on the table. Bitcoin (BTC) attempted to flip $113,000 to support on Wednesday as traders buckled up for BTC price weakness into Q4. BTC/USD one-hour chart. Source: Cointelegraph/TradingView New BTC price bottom targets include $108,000 Data from Cointelegraph Markets Pro and TradingView showed…

Lamina1 Partners with Linea to Bring Creator-Owned Media to Ethereum

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Lamina1, the blockchain content platform founded by sci-fi author Neal Stephenson, has partnered with Consensys’ layer-2 network Linea to bring creator-owned media to Ethereum. The collaboration aims to change digital storytelling by giving creators control over their intellectual property and a direct channel to their communities, according to an announcement shared with Cointelegraph. The partnership includes investments from Joe Lubin, co-founder of Ethereum and CEO of Consensys, as well as Systemic Ventures. “Neal Stephenson is one of the leading figures in cyberpunk,” Lubin said. “Lamina1 is now perfectly positioned to…

Kazakhstan Taps Solana, Mastercard for Tenge Stablecoin

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Kazakhstan’s central bank is launching a pilot project to issue a new stablecoin pegged to the local fiat currency in collaboration with Solana and Mastercard. The National Bank of Kazakhstan announced the launch of a stablecoin project within the framework of its Digital Assets Regulatory Sandbox, according to a statement shared with Cointelegraph on Tuesday. The new Evo (KZTE) stablecoin is pegged to the Kazakhstani tenge currency and is issued by sandbox participant Intebix crypto exchange and local lender Eurasian Bank, with assistance from Solana and Mastercard. Based on the…