Category: Bitcoin News

Wormhole Token Soars Following Tokenomics Overhaul, W Reserve Launch

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Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates. According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks. “The goal…

Will the Fed’s Big Rate Decision Ignite the Next Leg of the Crypto Rally?

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The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (bps) cut and a boost to risk asset prices in the long term. Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.   “The main risk is that the move is already priced in, Puckrin said, adding, “hope is…

Fed Third Mandate Could Boost Crypto As Dollar Weakens

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A “third mandate” from the US Federal Reserve could change long-term monetary policy if actioned, which could be bad news for the dollar but good news for crypto. The Fed has long been considered to have a dual mandate —  price stability and maximum employment — but President Donald Trump’s pick for Fed governor, Stephen Miran, cited a “third mandate” earlier this month, sparking speculation on the future of central bank monetary policy.  The third mandate is a statutory requirement buried in the Fed’s founding documents, which states that the…

GD Culture Falls 28% on $875M Bitcoin Acquisition Deal

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Shares in the livestreaming and e-commerce company GD Culture Group fell 28% on Tuesday after announcing a share deal to acquire all the assets from Pallas Capital Holding, including 7,500 Bitcoin. GD Culture will issue nearly 39.2 million shares of its common stock in exchange for all Pallas Capital’s assets, including $875.4 million worth of Bitcoin (BTC), the firm said on Tuesday. The deal was made last Wednesday. GD Culture’s CEO and chairman, Xiaojian Wang, said the deal would “directly support” its plan to build a “strong and diversified crypto…

Spot Bitcoin ETF 6-day Inflow Streak Hits $2B: Will BTC price follow?

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Key takeaways: Bitcoin’s failure to rise beyond $118,000 points to strong resistance around this area. Bitcoin ETFs recorded six days of consecutive inflows totaling $2 billion.  BTC strategic reserves and ETF holdings have jumped by 30% in 2025, signaling steady institutional demand. Bitcoin (BTC) exchange-traded funds (ETFs) recorded six days of consecutive inflows, leading traders to say that its price could rise to $118,000 ahead of the FOMC. Bitcoin’s “crucial resistance” sits at $118,000 Bitcoin’s 9% rally from its Sept. 1 low of $107,270 stalled around $118,000, suggesting that suppliers…

How High Can Ethereum Price Go Right After Fed Rate Cut?

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Ethereum’s native token, Ether (ETH), has fallen 5.73% from its weekend high near $4,766, retreating as traders trim risk ahead of Wednesday’s Federal Reserve interest rate decision. ETH/USD daily price chart. Source: TradingView The pullback reflects caution in the market, but the bigger question is whether the Fed’s potential dovish shift could reignite Ethereum’s rally and how far its next move might extend. ETH price can rally 45% in a breakout scenario Ether bulls are defending the 20-day exponential moving average (20-day EMA; the green wave) near $4,450, showing resilience…

Saylor And Lee Among 18 To Meet Lawmakers About Bitcoin Reserve

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US lawmakers are set to meet with 18 crypto industry executives, including Strategy chairman Michael Saylor, on Tuesday to discuss how Congress can move forward with President Donald Trump’s Strategic Bitcoin Reserve. Those in attendance will also include Fundstrat CEO Tom Lee, who is also the chairman of BitMine and MARA CEO Fred Thiel, according to crypto advocacy group The Digital Chambers, which shared the full list with Cointelegraph on Monday.  The industry executives are looking to build momentum behind the BITCOIN Act — introduced by US Senator Cynthia Lummis…

Digital Asset Treasuries Face mNAV Collapse, Standard Chartered Warns

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The boom in digital asset treasury (DAT) companies — fueled by the success of Strategy’s Bitcoin-buying — has shone a spotlight on cryptocurrencies such as Bitcoin, Ether and Solana. However, that spotlight has dimmed in recent weeks as the market net asset values (mNAVs) of many DATs collapsed, exposing smaller firms to growing risks, Standard Chartered warned Monday. In the world of DATs, mNAV measures the ratio of a company’s enterprise value to the value of its cryptocurrency holdings. An mNAV above 1 allows a firm to issue new shares…

Bitcoin Core Slashes Def Relay Fee by 90%: Update Rolls Out

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Bitcoin’s core software has lowered the default minimum relay fee for transactions, marking one of the most significant changes in years to how cheap it is to move funds across the network. Bitcoin Core 29.1, released on Sept. 4, sets the default minimum relay fee rate to 100 satoshis per thousand virtual bytes (0.1 sats/vB), a 90% reduction from the previous default rate of 1 sat/vB. Users pay their fees in satoshis (the smallest unit of Bitcoin) multiplied by the size of their transaction. While every individual node operator can…

SEC Chair Promises Preliminary Notice Before Enforcement Actions

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The US Securities and Exchange Commission (SEC) chair continued steering the regulatory agency in a different direction than its previous enforcement-first policy toward the crypto industry. In an interview with the Financial Times published Monday, SEC Chair Paul Atkins said the agency is departing from the aggressive enforcement actions common during the administration of former President Joe Biden and former SEC Chair Gary Gensler. US cryptocurrency businesses can now expect preliminary notices of technical violations before any agency enforcement actions, Atkins told the FT. “You can’t just suddenly come and…