Bitcoin’s price is closing in on $87,000 following an explosive rally, which triggered over $1 billion in liquidations across the crypto derivatives market. The cryptocurrency reached an intraday high at exactly $87,000 (at the time of this writing), with its total market cap climbing toward $1.8 trillion. Source: TradingView The move extends Bitcoin’s impressive recovery […]
The US Treasury Department has sanctioned cryptocurrency exchange BitBank as part of a wider crackdown on Iran’s financial networks. The Office of Foreign Assets Control (OFAC) said BitBank is controlled by Iranian financier Babak Zanjani, who is already under US sanctions. The agency accused the exchange of helping move funds linked to Iran. BitBank Targeted […]
Two Robinhood engineers have been charged in the US over an alleged crypto trading scheme involving confidential company information. The US Department of Justice said Hefu Chai and Huaisong Xiang allegedly used non-public information from Robinhood to trade crypto perpetual futures on Hyperliquid. Trading on Confidential Data According to complaints unsealed by the Southern District […]
The co-founder and former CEO of the world’s largest corporate holder of bitcoin is the latest to weigh in on the failed advancement vote of the CLARITY Act in the US Senate on September 15. He outlined an alternative path for the US crypto industry, arguing that widespread adoption could ultimately provide stronger protection for […]
After ending one of its most important weeks of 2026 on a high note, bitcoin and the crypto market are now entering a new potentially impactful week, although the actual economic calendar is notably lighter. The Kobeissi Letter highlighted several events that could shape broader financial markets over the coming days, and for crypto, three […]
Bloomberg ETF analyst Eric Balchunas said this week that Bitcoin ETFs could eventually reach three times the assets of gold ETFs, pointing to younger investors, falling volatility and stronger sales activity around BTC funds. His view rests on a long-term shift in who owns Bitcoin and how institutions use it, rather than a claim that […]
The latest SEC filing from the XRP-focused treasury company reveals that the funds will come through convertible senior notes tied directly to the closing of the business combination with Armada Acquisition Corp. II. It also reads that Evernorth has entered into a note purchase agreement on September 11 with NH Investment & Securities, acting as […]
South Korean police have opened criminal cases against 26 users of the prediction market platform Polymarket and referred 18 of them to prosecutors over roughly 17.6 billion won, about $12.7 million, in bets tied to political, economic, and social outcomes. The case, disclosed on September 17 through data from Democratic Party lawmaker Yoon Geon-young’s office, […]
Despite the overall macro calamity experienced last week, bitcoin’s price surged from $75,000 to almost $82,000 within days, hitting its highest level since the start of the month. However, the breakout attempt was halted at $82,000 due to more worrisome news from the Middle East. There’s also a technical aspect that helped prevent another leg […]
Arguably the most well-known investor of our (and the previous) generation, Warren Buffett, has formally stepped down as chairman of Berkshire Hathaway after more than 60 years at the company. He has now become Chairman Emeritus and remains on the board. His son, Howard G. Buffett, will succeed him as chairman, while Greg Abel continues […]