Bitcoin Surges Past $85,000 as BTC Price Nears Eight-Month High

Bitcoin (BTC) starts a new week at its highest levels in nearly eight months as bulls propel the market to $85,000. Key points: Bitcoin hit $85,248 on Monday, marking its highest levels since Jan. 29. BTC price action is approaching the breakeven point for US spot Bitcoin ETF investors near $86,000. Markets eyed oil prices…

ZetaChain Holders Approve L1 Shutdown Plan, Solana Migration

ZetaChain tokenholders have approved a plan to wind down the project’s layer-1 blockchain and migrate its native ZETA token to Solana.  Governance proposal 68 passed Sunday with 99.4% support and 58% participation, exceeding the network’s 40% quorum requirement. Under the proposal, ZETA will become an SPL token on Solana through a 1:1 conversion, with the…

BTC, ETH price news: Bitcoin above $81,000 as NEAR jumps 23% on ZEC swap traffic

Bitcoin traded just above $81,000 as of Monday Asian morning hours, up less than 1% over 24 hours and adding to the ground it has taken since the U.S. Securities and Exchange Commission cleared a path for onchain trading of tokenized U.S. stocks on Thursday, CoinDesk data show. NEAR was the standout among the major…

SEC grants temporary exemption for tokenized US stock trading

The SEC’s Innovation Exemption allows limited tokenized US stock trading on onchain venues with trading caps and transparency requirements. Source link

Bitcoin Reclaims 50-Week Average: Is Bear Market Over?

Bitcoin has closed above its 50-week moving average for the first time in more than 10 months, a development some analysts said could signal the end of Bitcoin’s bear market.  Bitcoin closed the week at $81,159 on Coinbase on Sunday, above its 50-week moving average of $78,788, according to TradingView. The last weekly close above…

Who Needs CLARITY Anyway? ARB Could See 70X Increase: Hodler’s Digest

CLARITY vote fails, long live CLARITY After a year’s buildup, the US Senate failed to pass a cloture motion on the Digital Asset Market Clarity (CLARITY) Act. The motion received just 49 votes in favor and 50 against, well short of the 60 votes required. However, Republican Senator Thom Tillis’s “no” vote was not all…

Gemini’s exchange business is shrinking. Its regulatory licenses may be the real prize

Gemini Space Station (GEMI), a crypto platform, has seen its price drop roughly 80% since its public debut, reviving questions about whether the platform founded by the billionaire Winklevoss twins could eventually become an acquisition target. Lorenzo Valente, director of digital assets research at ARK Invest, argued in a post on X last month that…

Trump says US will form AI Force

US President Donald Trump said that he plans to create an “AI Force” and appoint an artificial intelligence czar. Trump posted on Truth Social on Saturday that his new project would manage the fast-growing sector without adding regulations that could slow innovation, according to Newsweek and other media. “For this purpose, I am forming the…

Anthropic picks Accenture as embeded evaluator

  Anthropic said it has chosen Accenture as its first embedded evaluator to help slow the pace of AI development as proposed last week by CEO Dario Amodei. Amodei published a three-step proposal on Sept. 12 to slow the development of AI and allow safeguards to be put in place amid warnings of a potential…

Ripple says asset managers are preparing for XRP Ledger’s next payments upgrade

The upcoming Batch V1.1 can make linked asset and payment transfers succeed together or fail together, and Ripple says commercial projects are already being built around the feature after an extensive security review. Source link