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In brief Bitcoin hit a new all-time high on Monday; gold broke records on Tuesday. BTC was down over 3% a day after setting its latest record, while other major cryptos were largely in the red. Analysts think both gold and Bitcoin still have room to increase. After setting record highs over the past two days, Bitcoin retreated on Tuesday, even as its analog form extended its recent surge to top $4,000 for the first time ever, but analysts who spoke with Decrypt remain upbeat about the digital coin. Bitcoin was recently trading at $122,071, down 3.1% from its record high…
Bitcoin slipped today, retreating from a record high as the U.S. government shutdown entered its seventh day. Bitcoin edged down to the $121,000 range, and remains below Monday’s all-time peak of $126,296, per Bitbio data. Despite the minor pullback, Bitcoin has surged roughly 30% since the start of the year and is up about 9% over the past week. Gold, meanwhile, continued its historic rally, briefly topping $4,000 per ounce overnight, with futures trading at $3,980 early Tuesday, reflecting a 50% gain for the year. At the time of writing, bitcoin is trading at $122,096. Markets appear largely unfazed by…
Institutional capital is increasingly steering the direction of the crypto market, executives from Bitwise Asset Management and Aspen Digital told Decrypt in separate interviews during the Token2049 conference in Singapore last week. Hong Kim, Chief Technology Officer and co-founder of Bitwise, said the investor base for Bitcoin has shifted from retail traders to long-term allocators. “The first year of Bitcoin ETFs saw about $30 billion of inflows; this year we’ve already added another $20 billion,” he said. “Every quarter, we’ve had steady inflows of $5 to $10 billion. It’s not stopping.”Kim described the launch of spot Bitcoin exchange-traded funds as “the IPO…
Wall Street bank JPMorgan (JPM) said the second quarter and summer of 2025 were transformative for bitcoin BTC$121,423.43 miners, marked by record cash operating profits and a pivot toward high-performance computing (HPC). Cipher Mining’s (CIFR) 244 megawatt (MW) colocation deal with Fluidstack and IREN’s (IREN) expansion to more than 23,000 GPUs underscored that shift, the bank said in the Tuesday report. Despite surging hashrates, the bank’s analysts noted that miners’ gross profits rose quarter-over-quarter, buoyed by higher bitcoin prices and more efficient fleets.Production costs rose modestly as competition intensified and high-performance computing (HPC) investments expanded, the analysts said. IREN and…
In brief SEC Chair Paul Atkins says a formal “innovation exemption” could be finalized by year-end. The proposal follows years of regulatory uncertainty that pushed crypto development overseas. Industry leaders say a structured framework could bring compliant innovation back to U.S. markets. The U.S. Securities and Exchange Commission is preparing to codify an “innovation exemption” that could give crypto and fintech startups room to operate under formal regulatory supervision, according to remarks from Chair Paul Atkins made Tuesday.Chair Atkins recounted how the crypto industry had faced “four years, at least” of “repression” that had resulted in “pushing things abroad, rather…
BlackRock, celebrated for its diverse suite of exchange-traded funds spanning decades of market trends, has a new crown jewel: its Bitcoin ETF. The iShares Bitcoin Trust ETF (IBIT), launched just 21 months ago, is on the verge of reaching $100 billion in assets under management, making it BlackRock’s most profitable fund — outranking even products that have been in circulation for more than two decades. According to Bloomberg Intelligence analyst Eric Balchunas, IBIT currently generates roughly $244.5 million in annual revenue. “Check out the ages of the rest of the Top 10. Absurd,” Balchunas noted on X, highlighting the speed…
CEA Industries (BNC) has revealed it now holds 480,000 BNB tokens, a 15% increase from a previous disclosure, as the price of the BNB Chain’s native token rises to a new all-time high.The company spent about $412.8 million to acquire the additional BNB at an average price of $860 per token, according to a Tuesday press release. BNB is currently trading at $1,303, down just a bit from a record high hit earlier in the session.Combined with $77.5 million in cash, the firm’s total treasury is now near the $700 million mark.The price of BNB has increased as activity on…
Strategy’s near-$80 billion Bitcoin treasury is catching up to the massive cash positions of tech giants such as Microsoft, whose shareholders rejected a proposal in December to explore adding Bitcoin to its books.Strategy posted to X on Tuesday that its 640,031 Bitcoin (BTC) stash briefly topped $80 billion in value on Monday as Bitcoin hit a record high of $126,080, boosting the value of its corporate treasury close to Amazon, Google, and Microsoft, which each hold between $97 billion and $95 billion in cash or cash equivalents. Strategy’s routine Bitcoin buys, combined with Bitcoin’s rise in value, have already pushed its…
The first week of October kicked off on a bullish note, with Bitcoin surging to a new all-time high and setting a positive tone for the market. As optimism spreads across the cryptocurrency market, traders and investors are focusing on altcoins that could benefit from improving market sentiment. Here are three notable made-in-USA cryptocurrencies poised for significant gains this week.Sponsored SponsoredALEO Aleo Network is a privacy-focused Layer-1 (L1) blockchain platform designed to enable developers to build scalable decentralized applications with enhanced privacy using zero-knowledge technology. Its native token, ALEO, is one to watch this week as the project gains traction amid significant ecosystem…
ADA jumps nearly 10% as Cardano sees steady usage; $0.90 has been flagged as an important level for traders eyeing $1.10. Cardano (ADA) slipped from 9th to 10th in terms of circulating market cap by the end of Q3, underperforming its Layer 1 peers. However, the blockchain has maintained stable usage, as engagement from users and developers alike continued to grow. In a significant milestone, the Cardano network has processed over 1 million transactions in the past 30 days alone. $0.90 Break Could Trigger New Rally The steady on-chain activity comes as ADA gained almost 10% in the past…

