Bitcoin News

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.

Bitcoin Surges Above $114K as Traders Look Ahead to 'Uptober'
Following last week's big swoon, crypto markets returned to tracking gains in stocks and gold.

Strategy Buys 196 Bitcoin for $22.1M
Last week's bitcoin purchase was funded through common stock sales and perpetual preferred stock issuance.

IBIT’s Options Market Fuels Bitcoin ETF Dominance, Report Suggests
Unchained and analyst Checkmate highlight how iShares Bitcoin Trust leveraged ETF options have reshaped flows and bitcoin’s volatility profile.

