Bitcoin Bulls Get a Lift Toward $113,000 Ahead of Fed Rates Decision

Key points: Bitcoin brings upside volatility into the weekly close with a charge through $112,000 resistance. Traders hope for new local highs next as the BTC price recovery continues. The US Federal Reserve is tipped to cut interest rates again next week. Bitcoin (BTC) challenged $112,000 into Sunday’s weekly close as traders hoped for new…

CZ’s pardon came after an expensive lobbying campaign

Today in crypto, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists and $290,000 to former SEC chair contender Teresa Goody Guillén, Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. Meanwhile, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground…

CZ’s pardon came after an expensive lobbying campaign

Today in crypto, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists and $290,000 to former SEC chair contender Teresa Goody Guillén, Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. Meanwhile, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground…

Kyrgyzstan Launches Stablecoin And Confirming Future CBDC

Kyrgyzstan has rolled out a new stablecoin pegged 1:1 to the Kyrgyzstani som, while confirming plans to issue a central bank digital currency and explore a digital asset reserve. The KGST stablecoin will run on the BNB Chain, and BNB (BNB) would be included in the crypto reserve if launched, according to former Binance CEO…

REX-Osprey XRP ETF (XRPR) Surpasses $100M in Assets Under Management

The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management (AUM) in just five weeks after its launch, according to issuer REX-Osprey. The ETF has experienced rapid growth since its launch on Sept. 18. It offers investors exposure to the price of XRP, currently the fourth-largest cryptocurrency by market capitalization. Loading… With…

How One Trader Turned Panic Into $192M Profit

How an anonymous wallet profited from the crypto chaos An anonymous wallet (0xb317) on the Hyperliquid derivatives exchange reportedly earned a $192-million profit within just a few hours during a period of sharp market volatility. As Bitcoin (BTC) and Ether (ETH) prices fell sharply, many traders were hit with liquidations that erased more than $1…

CZ’s Pardon Followed Costly Binance Lobbying in Washington

Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump came after an extensive and expensive lobbying campaign in Washington. Zhao, who served a four-month prison sentence last year for violating US Anti-Money Laundering (AML) laws, benefited from a months-long effort by Binance and its legal team to win over key figures in…

Bitcoin Due $100,000 Next as $107,400 CME Gap Battle Begins

Key points: Bitcoin attempts to fill the latest weekend Bitcoin futures gap after giving up its rebound. Overall BTC price weakness comes amid low volume, traders warn. Price forecasts increasingly see a return to test $100,000 next. Bitcoin (BTC) fell back to weekly lows on Tuesday with all eyes on an open “gap” in Bitcoin…

Entire Startup Lifecycle to Move Onchain

Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startup’s journey, from incorporation to fundraising and public trading, onto the blockchain. Speaking on the TBPN podcast, Armstrong described his vision for an onchain lifecycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC (USDC)…

Kyrgyzstan launches stablecoin, confirms CBDC plans

Today in crypto, Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. Competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate, while Ferrari is deepening its crypto push with a new digital token for its top clients. Kyrgyzstan rolls…