Bitcoin bulls have reasons to eye new all-time highs as analysis shows a BTC price breakout and ongoing resistance showdown. Key points: Bitcoin has not peaked for this bull market, analysis argues after BTC revisits $114,000. History suggests that the bull market would be too short if $124,000 was the top. Read more
Bitcoin surged past $114,000 as softer-than-expected US PPI data reinforced Federal Reserve interest rate cut expectations. Key takeaways: Bitcoin broke $114,000 as data showed PPI inflation cooled sharply in August. Traders believe the data could push the Federal Reserve to cut rates in September. Read more
Asset Entities shares rose over 50% after-hours as its shareholders approved a merger with Strive to build a $1.5 billion Bitcoin treasury. Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC). The new company will be renamed to Strive, Inc. and continue trading under the ticker ASST. Asset Entities shares closed trading on Tuesday up 17.8% at $6.28 and rallied over 52% after-hours to $9.55 on the company’s merger announcement. Read more
US macroeconomic conditions mirror the 1990s, when Federal Reserve interest rate cuts drove a 30% stock rebound, a backdrop that could now set the stage for Bitcoin price to go higher. Key takeaways: Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally. BTC holds key support and eyes $129,000 after rebounding from its wedge pattern. Read more
A cooling phase for Bitcoin under $113,000 could be laying the groundwork for a breakout toward $120,000. Key takeaways: Bitcoin lost the $113,000 level as leverage use cooled and speculative bets, creating room for upside volatility. A breakout above would $113,650 confirm an inverse head-and-shoulders pattern, potentially driving BTC toward $120,000. Read more
A record-breaking US jobs revision set the stage for the Federal Reserve to cut rates, a move which could supercharge the next Bitcoin price breakout. Key takeaways: The US Labor Department revised payrolls down by 911,000 jobs, the largest cut in history, signaling deep labor market weakness. The revision strengthens expectations of a Federal Reserve rate cut even though inflation is still elevated. Read more
The first university graduate course on Bitcoin has ended. Here’s the assigned reading, grading structure and lessons learned — from the lecturer himself. Bitcoin (BTC) has leapt from chat rooms and code repos into graduate syllabi. At the University of the Cumberlands (UC), students recently completed the eight-week course “Bitcoin: Fundamentals, Technology, and Applications.” This graduate course grappled with Rothbard’s monetary theory, Mises’ critiques and technology overviews from classic Bitcoin works. It asked not whether Bitcoin matters but how much it matters — and how it reshapes money, markets and management. The idea for the course was imagined at the end of 2024, as Bitcoin was approaching new all-time highs (ATH). UC, which has degrees featuring blockchain technology, saw an opportunity to expand its electives beyond these specialized programs. Working with the course development team, the administration approved the offering with a clear mission: to promote financial literacy and ground student...
BTC price strength starts to convince traders that new highs are back on the table, but Bitcoin still needs spot-market support. Key points: Bitcoin revisits $113,000 before Tuesday’s Wall Street open amid talk of a new gold copycat move. That level becomes a recommendation for long entries, but not everyone is bullish. Read more
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks. Ripple, the US blockchain firm behind the XRP cryptocurrency, will provide crypto custody services to Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA). According to a Tuesday announcement, Ripple’s agreement to provide crypto custody services to BBVA follows the bank’s recent announcement of its Bitcoin (BTC) and Ether (ETH) retail trading and custody service. BBVA will rely on Ripple’s institutional custody service to power services to its customers. BBVA’s head of digital assets, Francisco Maroto, said that Ripple’s custody service allows it to meet the necessary standards to “directly provide an end-to-end custody service.” Read more
Bitcoin derivatives markets showed persistent caution, with sentiment influenced by BTC spot ETF outflows and Strategy not being included in the S&P 500 index. Key takeaways: Bitcoin options skew and futures funding rates highlight persistent caution, despite BTC defending the $110,000 support level. spot Bitcoin ETF outflows and Strategy’s S&P 500 index negative decision continue weighing on trader sentiment. Read more
Strategy’s latest 1,955 Bitcoin acquisition brought its total BTC holdings to 638,460 BTC, purchased at an average price of $73,880 per coin. Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week. Strategy acquired 1,955 Bitcoin (BTC) for $217.4 million between Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing. The purchase was made at an average price of $111,196 per coin as the cryptocurrency briefly surged above $113,000 last Friday before slipping to around $110,000, according to CoinGecko. Read more
XRP price has painted a classic bullish reversal pattern against Bitcoin, eyeing gains of over 100% in the coming months. Key takeaways: XRP/BTC is up around 300% since Trump’s election victory. The pair could rally by another 100%-250% due to multiple bullish setups aligning. Read more
Selling by Bitcoin long-term holders, reduced buying by treasury companies and a weakening technical structure could push BTC’s price toward $95K. Key takeaways: Long-term Bitcoin holders sold 241,000 BTC over the past 30 days. BTC price bear flag targets $95,500. Read more