Connect with us

Crypto World

Bitcoin (BTC) And Gold Shed Their Shackles As Macroeconomic Tailwinds Lift Prices

Published

on

Crypto Breaking News

Bitcoin (BTC) broke out of its recent slump last week, reclaiming key levels after getting a substantial boost from the bond market and developments in Washington. Gold benefited from similar conditions, rising above $4,600 on Friday as investor interest returned.

BTC is trading around $77,184, up nearly 22% over the past seven days, while gold rose about 5% in the same period, marking a third consecutive weekly gain, and reaching a three-month high.

Bitcoin And Gold Get Major Lift

Bitcoin (BTC) broke out of its trading range last week, surging nearly 22% as a massive short squeeze, institutional interest in Bitcoin ETFs, and the US Treasury’s announcement that it would double its bond-buy operations from $2 billion to $4 billion. The short squeeze hit traders who bet against BTC, triggering a wave of liquidations that propelled the price higher. Spot Bitcoin ETFs saw renewed momentum and registered their strongest week in 10 months, recording $1.92 billion in net inflows, according to CoinGlass data. The US Treasury’s announcement lowered 30-year bond yields, which hit 5.34% prior to the decision, the highest since 2007. A renewed political push to pass the CLARITY Act has also buoyed investor sentiment.

On the other hand, gold crossed $5,300 in January but fell toward $4,000 by June as investors pivoted to interest-bearing investments thanks to rising interest rates. The bullion is back above $4,600, recording a third consecutive weekly gain, and is currently trading around $4,650, according to Investing.com.

Advertisement

Crypto Gets A Policy Boost

President Trump’s meeting with top crypto industry executives and subsequent calls on Congress to pass the CLARITY Act increased optimism about greater regulatory clarity, helping boost investor sentiment. Commodity Futures Trading Commission (CFTC) Chair Mike Selig added that he would “use every tool available” to advance President Trump’s crypto agenda. The CFTC is meeting on Thursday to explore whether it can use its existing authority to ease crypto rules. The United States Securities and Exchange Commission (SEC) has already announced the implementation of the “Regulation Crypto Assets” framework. The framework introduces tailored exemptions and a provisional safe harbor, preventing specific crypto assets from being classified as securities.

Bitcoin Short Squeeze Another Catalyst

Bitcoin (BTC) registered one of its strongest rallies in recent memory last week, reclaiming key levels after trading in the $62,000 and $67,000 range for nearly two months. Short traders seized the moment, placing bets against a rally. However, the US Treasury’s announcement fueled BTC’s surge past the $70,000 mark, triggering a wave of liquidations as traders closed their short positions. This added more fuel to the rally, with over $4 billion in short positions liquidated by Friday, according to CoinGlass data.

BTC started the previous week in positive territory, rising 2.62% on Monday and closing at $64,484. The price registered a marginal increase on Tuesday before rallying more than 7% on Wednesday and closing at $69,300. Upward momentum persisted on Thursday as BTC crossed $70,000 and settled at $73,011, up 5.36%. Bullish sentiment intensified on Friday as the price rallied more than 7%, reaching an intraday high of $79,500 before settling at $78,325. Despite the overwhelming positive sentiment, BTC could not cross $80,000 and lost momentum over the weekend.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Advertisement

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

BitMart suggests restructuring weeks after closure announcement

Published

on

BitMart suggests restructuring weeks after closure announcement

Crypto exchange BitMart might not be shutting down after all, following this weekend’s announcement of plans to explore a potential “restructuring plan.”

BitMart says the plan may involve the phased “resumption of certain operations in an orderly manner alongside distributions to creditors.”

Restructuring counsel White & Case has been hired to help BitMart assess its options, while a roadmap detailing its future will be released “no later than September 9, 2026.”

Read more: BitMart CPO resigns as insolvency speculation mounts

Just over a month ago, on July 26, BitMart announced that it would cease all of its operations by January 31, 2027. 

Advertisement

What followed was weeks of panic from users trying and failing to withdraw all of their assets from the exchange. 

BitMart’s Chief Product Officer Terence Lee resigned in a post that distanced himself from the crypto exchange’s core operations. 

Its CEO Nathan Chow was terminated prior to the closure announcement and wasn’t made aware the announcement in the first place. 

All of this led has led to speculation that the firm may be insolvent. 

Advertisement

Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on XBluesky, and Google News, or subscribe to our YouTube channel.

Advertisement

Source link

Continue Reading

Crypto World

Ripple Payment Rails Separated From FedNow Access by Volante

Published

on

Infographic showing a 6-step cross-border payment flow cycle around a central mobile payment icon.

Volante Technologies offers U.S. banks and financial institutions a unified solution for the Federal Reserve’s FedNow Service and The Clearing House’s RTP real-time payments network. Separately, Volante’s cross-border payment materials list Ripple and digital currencies among the services its platform processes.

The available materials describe separate capabilities, while the Federal Reserve’s FedNow participants and service providers page does not mention XRP or Ripple.

Volante says its cloud-native cross-border payments platform processes SWIFT gpi, Ripple, Visa B2B, Mastercard Send, digital currencies, alternative payments, and other services from a single platform. The company also describes connectivity to SWIFT, blockchain networks, major card networks, and alternative payment rails.

Infographic showing a 6-step cross-border payment flow cycle around a central mobile payment icon.

This architecture presents multiple payment and messaging options through one provider. Volante’s cross-border materials identify Ripple alongside other rails, while its FedNow announcement describes a separate unified offering for FedNow and TCH RTP.

Discover: The Best Token Presales

Advertisement

Volante’s FedNow Offering Ripple Payment

In an announcement, Volante said it was offering U.S. banks and financial institutions a single unified solution for the FedNow Service and TCH RTP real-time payments. The company said adopters could begin with TCH RTP and add the FedNow Service when the network was ready.

The announcement said Volante had joined the FedNow Pilot Program in early 2021 and was a prospective participant in the Federal Reserve’s FedNow Service Provider Showcase. It described capabilities for real-time and instant payments and said Volante’s FedNow offering would be extensible to wire, ACH, and SWIFT. However, the announcement does not refer to Ripple or XRP.

The Federal Reserve’s FedNow participants and service providers page describes the FedNow Service as instant-payments infrastructure through which participating banks and credit unions can send and receive transactions within seconds on behalf of customers, 24 hours a day, seven days a week.

Advertisement
Illustration of a clock integrated with dollar bills and the text defining FedNow as an instant-payment platform.
Infographic explaining the FedNow instant-payment platform from Investopedia.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Keeping the Distinction Clear

Volante’s materials support two separate points: the company offers a FedNow and TCH RTP solution for U.S. financial institutions, and its cross-border platform processes Ripple among a broader set of payment services. The supplied materials do not describe a shared settlement mechanism between FedNow and Ripple.

Xrp (XRP)
24h7d30d1yAll time

A direct statement from FedNow connecting the service to XRP or Ripple would be needed to establish such a link. Based on the materials reviewed, Volante’s FedNow offering and its Ripple-related cross-border capability should be treated as separate parts of the vendor’s platform.

Discover: The Best Crypto to Diversify Your Portfolio

Advertisement

The post Ripple Payment Rails Separated From FedNow Access by Volante appeared first on Cryptonews.

Source link

Continue Reading

Crypto World

Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk

Published

on

Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk

Kalshi’s contract on a federal government shutdown on October 1, 2026 priced YES at 15-16 cents, an implied odds near 10% and down sharply from 35% just three weeks earlier.

Polymarket’s parallel market, which resolves on a different trigger and a later cutoff, still showed 16.5 cents as of August 14, per Polymarket Trader’s snapshot. The gap between those two numbers says less about Washington than about how differently the two venues define a shutdown.

The Goverment Shutdown Odds In 2026 Aren’t Pricing the Same Bet

Kalshi’s contract resolves YES only if part of the government is shut down at 10:00 a.m. ET on October 1 specifically. Polymarket runs two separate contracts on the same date: one requiring an actual shutdown, agencies suspending non-excepted operations, typically with furloughs, by 11:59 p.m. ET, and a second, broader “any-duration lapse” contract that pays out even on a brief technical gap with zero operational impact.

Advertisement

On August 14, Polymarket priced the shutdown version at 16.5 cents and the lapse version at 13.5 cents.

Source: Kalshi

A third Polymarket market bundles “another shutdown by January 31, 2027” with the 2026 House winner. Its no-shutdown legs had already settled at zero cents by the August 14 check, while the shutdown-plus-Democratic-House leg traded at 87.3 cents.

That is the market telling traders something specific: a lapse somewhere in the current funding cycle is priced as close to certain, even while an October 1 lapse specifically sits in the mid-teens.

A Five-Week Repricing, Told Through Three Snapshots

Kalshi’s own market commentary put the shutdown contract at 35% on July 31, with Senate negotiators reportedly nearing a stopgap that would fund the government to December 4 while capping a disputed OMB rule on appropriated spending.

Advertisement

By August 3, the cross-venue average had fallen to 28%, with Kalshi at 25% and PredictIt at 31%. Two weeks later, Kalshi had drifted down again to the 12-13% range on roughly $193,000 in contract volume.

That trajectory, 35%, then 28%, then roughly 12-13%, is a repricing toward “Congress avoids the specific date,” not toward “shutdown risk is gone.”

The combined Polymarket market’s zeroed-out no-shutdown legs for January 31 make that distinction explicit: traders are separating the October 1 deadline from the broader fiscal-year window, and pricing them very differently.

Advertisement

Both books remain thin relative to 2025, when related shutdown contracts on Polymarket cleared roughly $157 million in cumulative volume on the start-date market alone – a reminder that current liquidity of a few thousand to a few hundred thousand dollars leaves these prices more exposed to spread and single-trade repricing than last year’s deeper markets.

The Percentage Is Only Half the Trade. Kalshi Lets You Trade the Exact Question.

The shutdown market shows why prediction trading is more than glancing at a headline probability. A 15% contract can mean something very different from another market showing 16% if the resolution rules, timing, and trigger are not identical.

That precision is part of Kalshi’s appeal.

Advertisement

Users can trade directly on defined real-world outcomes across politics, economic data, Fed decisions, crypto, and other major events, with every contract spelling out exactly what must happen for YES or NO to settle.

For traders following Washington into October, that creates a cleaner way to express a view than trying to guess how stocks, bonds, Bitcoin, or the dollar might react to the same event.

The government may avoid a shutdown at 10:00 a.m. on October 1 and still face another funding crisis weeks later. Kalshi lets traders separate those questions rather than treat them as a single macro bet.

Eligible new users who join through CryptoNews can also receive $25 through our referral link.

Make Your Prediction Count With $25 For Free on Kalshi

Advertisement

The post Goverment Shutdown 2026 Odds Fall as Markets Split the October 1 Risk appeared first on Cryptonews.

Source link

Continue Reading

Crypto World

Gemini strikes Apex deal to widen prediction markets reach

Published

on

U.S. CFTC files request to erase Gemini settlement that it no longer considers fair


The planned tie-up would make Gemini the exclusive CFTC-regulated venue for crypto event contracts offered through Apex’s futures commission merchant.

Source link

Continue Reading

Crypto World

New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation

Published

on

New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation


Two of the three proposals would reduce SOL supply growth by speeding up Solana’s inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.

Source link

Continue Reading

Crypto World

XRP Price Prediction: $1.5B ETF Inflows and Institutional Backing

Published

on

XRP price is in the news after a 50% rally, but overbought signals and heavy leverage raise fresh profit-taking risks for investors.

XRP is changing hands at $1.47, down 1.25% over the last 24 hours, a pullback that looks minor against the backdrop of what’s happening in the ETF complex. Cumulative net inflows into U.S. spot XRP ETFs hit roughly $1.51 billion, with total net assets sitting between $940 million.

The Friday’s flow data shows inflows of about $18 million, led by Bitwise, Grayscale, and Franklin, a rebound from a rougher stretch where weekly inflows collapsed roughly 93% to just $1.01 million earlier in August. Markets seem to be pricing that optimism in real time.

XRP price is in the news after a 50% rally, but overbought signals and heavy leverage raise fresh profit-taking risks for investors.
XRP ETF Flows, Coinglass

The bigger question: does $1.5 billion in cumulative inflows represent durable institutional conviction, or is it a headline number masking week-to-week fatigue?

Discover: The Best Crypto to Diversify Your Portfolio

XRP Price Prediction: Hit $2 This Week?

Advertisement

At $1.47, XRP has already cleared levels that recent coverage framed as resistance. Our reports from earlier in the month had the token oscillating between $0.98 and $1.01 after briefly losing the psychological $1 handle.

XRP is at a meaningful structural shift. The $1.20 resistance zone that bulls were watching has been taken out entirely, and the token is now trading well above the consolidation range that defined most of August.

Xrp (XRP)
24h7d30d1yAll time

If ETF inflows continue their rebound, regulatory clarity headlines keep landing, and XRP grinds toward new multi-month highs with $1 acting as freshly minted support, XRP could catapult towards its $2 high. If price consolidates in the $1.40–$1.55 band, traders will digest the recent move and wait for the next flow update.

However, a sharp reversal of ETF sentiment or a broader risk-off macro shift, as the $40 trillion federal debt overhang isn’t going away, drags XRP back toward $1.20 support. Watching the next ETF flow print will likely settle which scenario plays out.

Advertisement

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

Anyone who bought XRP price near $1 in early August is sitting on a solid move. But here’s the catch: at XRP’s current market cap, a repeat of that percentage gain requires billions more in fresh capital rotation.

Institutional flows help, but they move slowly. Traders chasing the next multiple often look further down the risk curve, toward assets still in price discovery.

Advertisement

That’s the pitch behind LiquidChain ($LIQUID), a Layer 3 infrastructure project fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment.

The presale token sits at $0.01493, with closer to $950K raised so far. The pitch centers on a deploy-once architecture, so developers build once and access liquidity across all three ecosystems, rather than fragmenting deployments chain by chain.

Verifiable settlement and single-step execution round out the technical case.

Advertisement

Research LiquidChain directly before committing capital.

Discover: The Best Token Presales

The post XRP Price Prediction: $1.5B ETF Inflows and Institutional Backing appeared first on Cryptonews.

Advertisement

Source link

Continue Reading

Crypto World

Backlash After Hakeem Jeffries Holds Private Meeting With Jared Kushner Ahead of Midterms

Published

on

Backlash After Hakeem Jeffries Holds Private Meeting With Jared Kushner Ahead of Midterms

Tommy Vietor, a former aide to President Barack Obama and now a co-host of the podcast Pod Save America, was far less diplomatic.

“Jared Kushner has no actual government job, he just uses his family connections to get money from Gulf autocrats and fund corrupt deals. The only way Jeffries should work with him is with demands for documents and subpoenas,” Vietor said.

House Speaker Mike Johnson said Sunday that he first learned of the meeting that same day, when reports began circulating in the media.

“I don’t know what that’s about,” Johnson said on Fox News. “I know Jared has interests and lots of other things going on. He’s not really directly involved in the admin, at least in the day-to-day in the White House.”

Advertisement

Johnson, however, remained confident that Republicans could retain control of the House.

“I’m telling you what, you better not bet against the House Republicans,” he said.

Source link

Advertisement
Continue Reading

Crypto World

Cathie Wood’s ARK Goes On $27 Million SpaceX Shopping Spree

Published

on

Cathie Wood's ARK Goes On $27 Million SpaceX Shopping Spree

Cathie Wood continued betting big on SpaceX on Friday. Her ARK Invest firm purchased over 200,000 shares of Elon Musk’s space company across multiple ETFs worth almost $27 million, according to company logs. Wood has long placed high value on Musk’s companies, pumping hundreds of millions into investments in SpaceX (SPCX) and Tesla (TSLA) over the years. ARK Invest Buys…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link

Continue Reading

Crypto World

BitMine Nears Massive Ethereum Milestone as ETH Holdings Reach 5.85 Million

Published

on

The Tom Lee-chaired Ethereum accumulator has ramped up its ETH acquisitions amid the asset’s major price revival experienced last week.

The company has acquired 32,447 tokens over the past week, and its total has skyrocketed to 5,847,611 ETH as of August 23. With Ethereum’s price jumping to $2,440 yesterday, this put the firm’s position at $14.3 billion – or about $3 billion higher than the previous week.

97% of the Way

Taking into consideration the latest purchase announced earlier on August 24, the company’s total stash of almost 5.85 million ETH represents approximately 4.8% of Ethereum’s entire 120.7 million token supply. This means that the firm has completed 97% of its so-called “Alchemy of 5%” strategy. The ultimate goal is to control 5% of the altcoin’s supply, an ambitious move it started in late June last year.

BitMine hasn’t been deterred by the recent price moves in the crypto industry. Recall that ETH traded at around $1,900 by last Wednesday and has shot up by 30%, topping $2,500 briefly before it calmed just below that level today. This became its largest weekly surge since May 2025.

Advertisement

Tom Lee highlighted that the previous two comparable weekly rallies, in July 2021 and May 2025, were subsequently followed by gains of 167% and 170%, respectively. Although this sounds quite impressive, it’s worth noting (again) that historical performance provides no guarantees that the asset will repeat either move.

Bitmine’s latest purchase was also a lot higher than most of its previous ones, which dropped to around 10,000 ETH on several occasions. As reported last week, the company bought 10,270 tokens after acquiring 9,926 ETH the week before.

Keep Staking

The other major development highlighted in the most recent announcement was the continuous staking effort from the company. It has now staked over 5,067,300 tokens, worth approximately $12.4 billion at current prices. This represents 87% of Bitmine’s entire Ethereum treasury.

The current estimates show that the company could generate approximately $330 million in annualized revenue based on a seven-day annualized yield of 2.67%. If it stakes its entire portfolio through its own institutional platform called MAVAN, the projected numbers could rise to $381 million.

Advertisement

The post BitMine Nears Massive Ethereum Milestone as ETH Holdings Reach 5.85 Million appeared first on CryptoPotato.

Source link

Continue Reading

Crypto World

Japan’s SBI leads $68M Fasset round at $1B valuation

Published

on

Japan’s SBI leads $68M Fasset round at $1B valuation

Japan’s SBI leads $68M Fasset round at $1B valuation

Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.

Source link

Continue Reading

Trending

Copyright © 2025