Bitcoin News

Crypto's Value Lies in Trillion-Dollar Markets, Bitwise Says
The value of crypto comes from the massive markets it aims to disrupt, not small, niche plays, the report said.

Bitcoin Kicks Off 'Uptober' With Break Above $116K as Crypto Equities Surge Pre-Market
Bitcoin and ether rally on the first day of October alongside record gold prices, boosting pre-market gains for U.S. crypto stocks.

Metaplanet Acquires 5,288 BTC, Lifts Total Holdings to 30,823 BTC
Stronger Bitcoin strategy drives revised forecasts of $46M revenue and $32M operating profit, though shares fall sharply.

Traders Eye September Jobs Report for Cues on Bitcoin Breakout Above $120K
The Fed’s most recent rate cut initially provided a modest boost to Bitcoin, but investors say the path forward depends less on past easing than on Powell’s Tuesday speech and upcoming jobs data that is scheduled to be released on Friday.

Swiss Bank Sygnum Unveils Bitcoin Yield Fund as BTC DeFi Demand Grows
The BTC Alpha Fund aims for 8%-10% annual returns through arbitrage while keeping full Bitcoin exposure.

Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms
Most altcoins including ETH, SOL, AVAX, UNI posted declines Tuesday but bitcoin was flat after a late rally.

Tether Adds $1B in Bitcoin to Reserves as USDT Supply Nears $175B, Blockchain Data Shows
The crypto firm behind the largest stablecoin has been accumulating bitcoin alongside gold over the past few years.

Bitcoin DeFi Project BOB, LayerZero Enable BTC Transfers Across 11 Major Blockchains
New gateway gives nearly 15,000 decentralized apps access to native BTC liquidity via wBTC.OFT.

Bitcoin Options Tied to BlackRock’s IBIT Are Now Wall Street’s Favorite
Open interest in IBIT contracts hit nearly $38 billion after Friday’s expiry, versus $32 billion on Deribit, which had dominated the market since 2016.

Leveraged Bitcoin Longs are Back in Force, Trading Firm Says
BTC's perpetual open interest and funding rates are rising again, QCP Capital noted.
