Bitcoin and ether prices fell modestly after a $114 million hack of the Coldcard hardware wallet raised concerns about the security of self-custody in crypto holdings. Despite the significant theft, Bitcoin's price dropped only about 1.5% to around $62,595, and ether declined nearly 2% to $1,842, indicating a relatively restrained market reaction. The hack has led some holders to move coins back to exchanges, reversing the trend toward self-custody. Meanwhile, derivatives markets show mixed signals with increased Bitcoin futures open interest but a bearish skew, and options trading dominated by bullish call bets. Separately, NEAR Protocol announced over $24 billion in lifetime volume for its Intents system and introduced advanced features like quantum-safe cryptography and AI compute staking, highlighting ongoing innovation in the crypto space.
Bitcoin's price has dipped to just under $83,000, testing the bottom of its current trading range. Technical indicators suggest the price is oversold and a bounce is likely, but a breakdown below support could lead to a deeper correction. The key sup...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
The Conference Board will release the September Consumer Confidence Index (CCI) on September 29, with a forecast of a slight rise to 90.0 from August's 89.4. The CCI reflects consumer optimism about the economy and influences spending and economic ac...
Bitcoin's price fell about 1.5% to near $83,000 following an unexpected Oval Office announcement by President Trump, whose topic remains unknown but is speculated to involve Iran. This announcement kicks off a critical week for Bitcoin, which also in...
In March 2025, President Trump signed an executive order establishing Bitcoin as a strategic reserve asset for the US government, consolidating about 328,000 BTC mainly from seizures and forfeitures. However, the order did not allocate taxpayer funds...
