Category: Bitcoin News

Key takeaways: BNB faces short-term correction risks but maintains a strong bullish structure above the trendline. Breakout patterns and onchain optimism point to upside targets of $1,250–$1,565 by year-end. BNB (BNB) has jumped over 10% this weekend, outpacing a largely stagnant crypto market that remained flat. BNB/USDT four-hour price chart. Source: TradingView With momentum diverging from its peers and in price discovery, the question is, can the Binance-linked token push even higher? BNB faces “overbought” risks in September BNB’s latest rally has pushed the relative strength index (RSI) on the…

The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s hashrate, the average of the total computing power securing the decentralized monetary protocol, also hit an all-time high of over 1.1 trillion hashes per second on Friday, according to CryptoQuant. The rising mining difficulty and…

Crypto custody firm BitGo has filed for a US initial public offering (IPO), aiming to capitalize on the renewed institutional demand for digital asset infrastructure under the Trump administration. The firm aims to list its Class A common stock on the New York Stock Exchange under the ticker symbol “BTGO,” according to its Form S-1 registration with the SEC dated Friday. The Palo Alto-based company reported approximately $90.3 billion in assets on its platform as of June 30, 2025. Its client base spans over 4,600 entities and more than 1.1…

Bitcoin becoming more appealing to institutional investors may come at the cost of the thrill that attracts retail investors, according to Strategy executive chairman Michael Saylor. “You want the volatility to decrease so the mega institutions feel comfortable entering the space and size,” Saylor told Natalie Brunell on the Coin Stories podcast published to YouTube on Friday. Michael Saylor says it is a “conundrum” “The conundrum is, well, if the mega institutions are going to enter, if the volatility decreases, it is going to be boring for a while, and…

The rapid growth of the Ethena stablecoin ecosystem continued on Friday as Ethena Labs announced a partnership with institutional OTC desk Flowdesk, aimed at expanding access to its two tokens — USDe and USDtb. Flowdesk, whose clients include token issuers, hedge funds and exchanges, will support trading and reward programs tied to both stablecoins, the companies said. Source: Flowdesk USDe is Ethena’s synthetic dollar, backed mainly by crypto assets and stabilized through a delta-neutral hedging strategy that keeps its value pegged to $1. USDtb is backed by real-world assets —…