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Bitcoin Falls Again Beneath $85Ok As Treasury Yields Bounce Above 5%
TL;DR Bitcoin fell below $85,000 after stronger U.S. business data pushed Treasury yields higher. S&P Global’s flash U.S. Composite PMI rose to 58.4 in September, the strongest reading since July 2021. The move shows how quickly Bitcoin’s recent rebound can be challenged when markets price in tighter monetary policy. Bitcoin’s rebound has run into a…
Circle Mints 250M USDC On Solana In Recent Treasury Issuance
TL;DR An onchain transaction shows 250 million USDC minted on Solana by the stablecoin’s authorized minting infrastructure. The mint created new USDC supply but does not by itself prove that a buyer purchased the entire amount. The transaction adds another large block of liquidity to one of USDC’s most active blockchain markets. Circle’s Solana minting…
Ethereum (ETH) Worth Prediction: Bulls and Bears Face Off as $3,000 Rally Meets Liquidation...
Ethereum price is entering a volatile phase after its latest recovery, with buyers trying to defend the recent breakout while sellers look for signs the rally is losing momentum. According to a Brave New Coin snapshot from September 24, ETH is trading near $2,675, down about 3.80% over the past 24 hours, with trading volume…
Hut Eight Wins $140M Bid For Poolin’s Texas Knowledge Facilities
TL;DR Hut 8 has been named the winning bidder for two Poolin data-center sites in Texas with a $140 million offer. The bid is nearly three times the combined $52 million stalking-horse offer that opened the auction process. The transaction is not final: bankruptcy-court approval is still required at a hearing scheduled for September 29.…
Senate Democrats Demand Public Listening to On Prediction Markets
TL;DR All 11 Democrats on the U.S. Senate Banking Committee have called for a public hearing on prediction markets. The request followed a private meeting between Republican committee members and Kalshi CEO Tarek Mansour. The lawmakers say securities-linked prediction products could raise issues that fall within the Banking Committee’s oversight responsibilities. Prediction markets are becoming…













