JPMorgan says Bitcoin could see stronger ETF demand than gold if investors unwind heavy hedges. Gold ETFs have recovered all their 2026 outflows, while Bitcoin ETFs have recovered around half. IBIT has high short interest and a higher put-to-call ratio than GLD, pointing to heavier defensive positioning. US Bitcoin ETFs saw US$159.5 million in net […]
OFAC designated Tehran-based crypto exchange BitBank on 17 September, alleging financier Babak Zanjani used it to move hundreds of millions of dollars in Bitcoin to the IRGC between June and July. Software developer Pishtaz Simorgh Electronic Trade Company and three Zanjani associates were designated alongside the exchange under Executive Order 13902, which carries secondary sanctions […]
New BIS research finds that estimates of Bitcoin’s onchain transfer value can vary by up to sixfold depending on the methodology used. The discrepancy arises because Bitcoin’s UTXO system generates “change” outputs that are difficult to distinguish from genuine payments to third parties. Researchers must rely on heuristics to identify change, and these assumptions can […]
Strive purchased 469 Bitcoin between 8 September and 11 September at an average of about US$77,954 each, lifting its treasury to 25,000 BTC, chief executive Matt Cole said on 14 September. Cole said the US$36.6 million purchase was funded entirely through sales of SATA, the company’s perpetual preferred stock, which now has more than US$1 […]
Bitcoin fell to US$76,452 before recovering to around US$77,526, leaving it down 2.6% over the week. Senate Republicans have released a revised 630-page Clarity Act ahead of a 15 September procedural vote. CryptoQuant says Bitcoin remains in a constructive trend, but must break US$81,700 for a bull market to be confirmed. US spot Bitcoin ETFs […]
Metaplanet has cancelled 41% of shares linked to its Series 10 warrants, removing more than US$220 million in potential warrant value. The conversion ratio has been reduced from 1:696 to 1:410, increasing Bitcoin held per fully diluted share by approximately 8.8%. Unvested warrants will now vest in three groups in 2029, 2030 and 2031, while […]
Short-term-holder whales’ unrealised profit reached a record US$9.07 billion (AU$12.61 billion) on September 4, according to CryptoQuant, the highest since its tracking began in 2016. The reading eased to US$7.51 billion (AU$10.44 billion) by September 5 but still ranked among the five highest on record, all set in the past two weeks. CryptoQuant said the […]
Bitcoin fell 1.64% for the week, trading at US$78,649 after a high of US$82,103. Strive bought another 1,375 BTC for US$109 million, taking its total holdings to 24,531 coins. Strategy paused its Bitcoin purchases, instead spending US$176 million buying back STRC preferred shares. Peter Schiff questioned whether genuine demand exists for STRC, sparking debate over […]
Bitcoin fell below US$80,000 after stronger-than-expected US jobs data increased expectations for tighter Federal Reserve policy. The resilient labour market pushed Treasury yields higher, putting further pressure on riskier assets such as Bitcoin. Markets are now watching US inflation data for clues about the Fed’s next move. Despite the price weakness, US spot Bitcoin ETFs […]
Purported white-hat hackers withdrew roughly 4,000 BTC, worth about US$320 million, from Liquid Network’s federation wallet on September 6, around 95% of its reported reserves. Blockstream, which operates the Bitcoin sidechain, paused the network and is trying to reach the parties through an on-chain message, but has not identified them or explained the vulnerability. Ledger […]