Bitcoin remains near $80K as profit-taking grows: Can bulls hold on?

Bitcoins [BTC] rally to $80,000 represents an upward trend rather than a short-term breakout.  Since mid-June, buyers have consistently increased the markets floor with each downward swing. The initial swing was at the bottom of the $60,000 level, then the second swing was above the $77,000 mark later in August.  As of late, sellers attempted to push prices down into the $75,000-$77,000 zone multiple times. However, at each attempt, buyers were able to absorb selling pressure and push the price back up.  That response has gradually shifted support higher, reducing the markets reliance on the earlier $60,000–$65,000 range.  Source: TradingView  BTC peaked at $80,402 on the 20th of September, or approximately 25.6% greater than ninety days prior. Therefore, this is more than just price appreciation.  It also demonstrates that buyers are becoming increasingly strong after each pullback while support continues to increase as well. Holding these levels could help Bitcoin maintain its broader upward structure.  Bitcoin supply moves into profit  That stronger price floor is also changing Bitcoins holder profitability. With the increase in price since June lows, the percentage of supply in profit increased from approximately 45% to 71%.  Therefore, this implies that there is more opportunity for holders to realize their profits, especially after Bitcoin reached the

09-21انڈسٹری

Michael Saylor Says Crypto Should Move Beyond CLARITY: Heres His Alternative

Crypto may be better served by spending the next few years building products and attracting millions of users rather than accepting restrictive compromises for the sake of passing CLARITY, said Saylor.  The co-founder and former CEO of the worlds 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 digital assets than a compromised piece of legislation.  Dont Wait for Congress  The Strategy executive chairman said the industry should use the next couple of years to deploy compliant products with support from existing regulators, rather than just accept restrictions attached to the latest version of the bill just so that it can pass.  His proposals include building products that lower costs, expand access, and give customers greater control over their money. The most ambitious part of the proposal is to attract 50 million satisfied US users benefiting from various crypto financial products.  Such a user base would make future policy reversals considerably more difficult because millions of Americans would have a direct interest in preserving those services.  “Adoption raises the

09-21انڈسٹری

House Panel Advances US Bitcoin Reserve Bill With 20-Year Hold

Key TakeawaysThe House Financial Services Committee advanced H.R. 8957 by 28-21.Trumps executive order already established the federal crypto stockpiles.The bill would codify the programs and impose a 20-year BTC hold.  House Panel Advances the Bitcoin Reserve Bill  Bitcoin legally owned by the federal government and not required by law for another purpose would be subject to a statutory 20-year holding period under legislation advanced by a key House committee. The House Financial Services Committee approved the American Reserve Modernization Act by a 28-21 vote on Sept. 16 after adopting a substitute amendment offered by Representative Bryan Steil (R-WI).  The vote represents a committee-level advance rather than passage by the full House. The latest congressional action on H.R. 8957 sends the amended measure forward for further consideration, while enactment would still require House passage, Senate approval, and President Donald Trumps signature.  The introduced bill stated:  “The Secretary shall hold all bitcoin acquired by the United States and deposited in the Strategic Bitcoin Reserve, regardless of acquisition method, for not less than 20 years from the date of enactment of this act; after the date of enactment of this Act …”  The clause that followed applied the same requirement to bitcoin deposited later, starting a separate 20-year clock

09-21انڈسٹری

Aave Proposes Institutional Custodied Lending

Aave has submitted a governance proposal to introduce Custodied Collateral Lending built on Aave V4, letting institutions borrow stablecoins using assets held in custody at Anchorage. Announced in an official post on X, the design keeps the underlying collateral in Anchorages custody for the full loan term, while the custodian manages collateral, records balances and loan lifecycle events, and handles over-the-counter sales in the event of liquidation.  How Custodied Collateral Lending Works  The system uses Chainlink CustodySync to sync custodied balances on-chain in the form of non-transferable receipt tokens, while Chainlink Price Feeds provide consistent pricing data to Aave and the custodian to keep loan-to-value ratios synchronized. Borrowed stablecoins can be delivered directly to the borrowers address in a single transaction, streamlining the flow for institutional users. Receipt tokens let participants track exposure without moving the underlying assets, a structure aimed at satisfying the segregation and audit requirements that regulated institutions demand.  A Standalone Liquidity Hub  The new facility would operate within a standalone Liquidity Hub on Aave V4, isolated from the protocol‘s existing markets. That separation is intended to contain risk from the institutional product while letting it tap the same underlying infrastructure. Aave has been expanding its institutional footprint, joining a broader

09-21انڈسٹری

One Vanguard ETF Is Betting Big on SpaceX, But Is 20% Too Big a Bet?

The Vanguard Communication Services ETF (VOX) has increased its stake in Space Exploration Technologies (SpaceX) by 85.2% in two months. That stake could eventually grow to as much as one-fifth (20%) of the fund once SpaceXs shares fully unlock.  VOX held 632,077 SpaceX (SPCX) shares on June 30, a total that reached 1,170,398 by Aug. 31. That makes SpaceX the funds eighth-largest holding, though Vanguard has not disclosed the exact share of VOX it now represents.  Is This SpaceX Concentration a Problem Hiding in Plain Sight?  SpaceX debuted on the Nasdaq on June 12, 2026, with only about 5% of its shares available to trade. Each new share unlock since then has expanded that float and, with it, SpaceXs weight inside float-based indexes.  The Nasdaq-100 weights SpaceX using a multiple of its float, not its full market cap. That formula applies until the float grows large enough. As more shares unlock, the float grows, and so does SpaceXs index weight.  SpaceXs performance has been far from impressive in its entire lifetime. Image Source: Trading View  VOX has ridden that mechanic more aggressively than its Vanguard peers. Other Vanguard funds have barely touched SpaceX by comparison.  A Payoff Has to be Coming?  SpaceX has not cracked the top 50

09-21انڈسٹری

Strategists Say Market's Wall of Worry' Is Healthy, Not a Warning Sign

Wall Street just climbed what strategists are calling a wall of worry, absorbing a month of surging oil prices and rising Treasury yields without cracking. That resilience should not be mistaken for calm.  Oil is up roughly 30% and the 10 year Treasury yield has climbed about 40 basis points in a month. Stocks have barely budged despite it.  The Wall Of Worry Behind Flat Stock Markets  The 10 year yield pushed above 5% after the Federal Reserves September rate hike. Fed Chair Kevin Warsh has flagged persistent inflation risks since.  Discover more  Digital Currencies  Distributed & Cloud Computing  Ethereum market analysis  CNBCs Mike Santoli noted the S&P 500 is hovering near the roughly 6,720 level it hit in June. The index is essentially unchanged despite the pressure.  Amy Raskin, chief investment officer at Chevy Chase Trust, called that steadiness a sign of underlying strength.  She said momentum has slowed considerably. She expects stocks to churn until uncertainty around AI spending, the Fed, and geopolitical conflicts resolves.  A Broadening Rally Masks A Bigger Bet  Jim Lebenthal, a partner at Cerity Partners, said the flat headline number hides a healthier rotation underneath it.  As AI momentum names cool, healthcare, energy, and financials have picked up the slack.  “I think thats healthy, quite frankly, the broadening

09-21انڈسٹری

Robinhood CEO Says Crypto Event-Contracts Will Overtake Sports Markets

Robinhood (HOOD) Chairman and CEO Vlad Tenev told CNBC‘s Jim Cramer that crypto event-contracts are already grabbing an outsized share of the platform’s prediction markets business, and he expects sports wagers to fall into the minority within just a few years.  Prediction markets have become one of the fastest-growing corners of US trading over the past year, with CME, Kalshi, Coinbase, and decentralized platforms all competing for a share of the event-contract boom. Crypto-linked contracts have grown alongside them, largely outside the sports-betting battles now working through the courts, giving Robinhoods newest product line room to expand fast.  Why Sports Contracts Are Losing Ground  Speaking on “Mad Money,” Tenev pushed back on the idea that event contracts, yes-or-no trades on the outcome of a future event, are just a rebrand of sports betting.  Discover more  Compare Exchange Rates  Crypto tax software  Financial technology news  “Were already seeing other categories like crypto taking a disproportionate share. And I think within a few years, sports will actually be in the minority.”  Vlad Tenev, CNBC  Sports-linked event contracts have become prediction markets most contested corner. New York sued Kalshi in July, seeking more than $36 billion in damages and a nationwide ban on its event contracts, while Baltimore separately sued Kalshi and Polymarket

09-21انڈسٹری

Nvidia's Jensen Huang Beats Zuckerberg, Bezos for Trump's AI Favor as Stock Climbs

Nvidia (NVDA) CEO Jensen Huang has emerged as President Donald Trump‘s most trusted voice on artificial intelligence policy, edging out rivals like Meta’s Mark Zuckerberg and Amazon‘s Jeff Bezos for the president’s favor.  Trump publicly backed Huang during a live phone call at the All-In Summit, a Los Angeles tech and venture capital conference, dismissing warnings that artificial intelligence poses existential risks. Trump has separately called mounting AI safety concerns a hoax, a stance that lines up with Huangs own dismissal of the warnings.  Trumps Widening Circle of Tech Allies  Zuckerberg and Bezos have also courted Trump this term. Experts say Huang wields more influence, since Nvidia sits atop the AI supply chain. He is expected to join Trumps state dinner for Xi Jinping this week.  Huang has appeared alongside Trump at least six times since the second term began. Their joint trips have included Saudi Arabia, the U.K. and China.  “Trump just likes winners, and Jensens very good at speaking his language.”  Said Samuel Hammond, director of AI policy at the think tank Foundation for American Innovation  Treasury Secretary Scott Bessent told lawmakers last week that Trump‘s stance on artificial intelligence is closely aligned with Huang’s.  A Split Over AI Safety  Huangs dismissal of safety warnings puts him

09-21انڈسٹری

North Korean fake recruiters infect 30K devices, steal $10.7M in crypto

North Korean hacking group WaterPlum stole at least $10.7 million by posing as recruiters for legitimate crypto and AI companies, attacking unsuspecting job seekers with malware.  The group, also known as Contagious Interview, targets software developers and IT professionals worldwide, according to a joint advisory from Japan, Germany, Australia and the US. Authorities said the fake recruiters impersonated legitimate AI, cryptocurrency or non-fungible token (NFT) companies and also used recruiting services.  “The primary targets were individual web designers, engineers, and specialists in cryptocurrency, blockchain, and Web3 technologies,” they added.  The advisory also links WaterPlum to North Korea‘s broader campaign of placing IT workers inside foreign companies, with Japanese and US authorities assessing that WaterPlum actors and some North Korean IT workers operate under North Korea’s Munitions Industry Department.  According to the advisory, WaterPlum lured job seekers through social media platforms, online job platforms, gig work platforms or freelance marketplaces. During the recruitment process, victims were instructed to download and execute malicious files disguised as coding assignments or fixes for video-conferencing errors.  Related: North Korea using foreign talent to help infiltrate US companies: Report  Once the cyber actors obtained backdoor access to a victims computer, they used remote-access trojans and infostealing malware to exfiltrate sensitive data and

09-21انڈسٹری

Massive French Data Leaks Spark Surge in Fake Crypto Support Calls

Key TakeawaysMassive data leaks in France enabled scammers to impersonate crypto exchanges and steal from panicked users.Scammers falsely warn users their accounts are compromised, tricking them into sending crypto to thieves.An August tax agency breach exposed 678K citizens, escalating a broader rise in violent French crypto crimes.  Crypto Call Scams Rise in France, Says Crypto Entrepreneur  The recent data leaks in France seem to have prompted a rise in the number of crypto scam attempts targeting customers of legit crypto exchanges.  Owen “Hasheur” Simonin, founder and CEO of Meria, a French crypto platform, has recently warned about the rise of these attacks on social media, stressing that he had personally heard about fraudulent calls where scammers impersonate customer service staff from legit platforms like Binance or even Meria.  “We‘re going through a phase where data leaks are piling up in private companies as well as in the public sector: all these leaks intersect. That’s how we identify crypto holders and the platforms they use,”he declared, linking the surge of these scams with the recent data leaks that have affected millions of French citizens.  Discover more  Daily crypto news  Bitcoin mining hardware  Public Finance  The threat actors executing these scam calls use the same playbook: they alert users that their

09-21انڈسٹری
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