Cryptocurrency News

The cryptocurrency rally followed the Federal Reserve’s 25-basis-point rate hike to 3.75%-4%, its first rate increase since July 2023.

The Zcash token was the only gainer among the top ten cryptocurrencies on Wednesday.

Fidelity’s FBTC led with $214.8 million outflows, followed by BlackRock’s IBIT with $161.7 million.

The last time the Federal Reserve hiked rates, Bitcoin’s price remained steady – but that was over three years ago.

Cathie Wood’s ARK Invest sold over 1.5 million shares of the ARK 21Shares Bitcoin ETF across ARKW and ARKF on Monday.

Standard Chartered initiated coverage of Arbitrum with a $10 target for ARB by the end of 2030, implying roughly 70 times upside from current levels.

Bitcoin's latest rebound is flashing a familiar long-term cycle signal even as spot buyers remain largely absent.

Chuck Schumer, the Senate minority leader, has also called a caucus meeting for Democrats on Sunday night to discuss the bill, as per Politico.

Jordi Visser grouped Bitcoin, SpaceX, Anthropic, and OpenAI as future-defining assets that do not rely on profits.

Ethereum is up about 58% in the third quarter, putting it on track to snap its first-ever three-quarter losing streak.

The U.S. House Ways and Means Committee is set to vote on a package of crypto tax bills on September 16.

Grayscale's Zcash ETP attracted $179 million in 11 trading days with its total asset under management reaching nearly $700 million, supporting Zcash's surge.

Tom Lee said inflation may be less severe than economists think while he remained bullish on Ethereum.

Fundstrat Tom Lee said in a recent interview that the crypto 4-year cycle may be weak from the bottom and that he is bullish on Ethereum because AI is set to transform financial services

Bitcoin sentiment hit its strongest level since March 2024 even as the token stayed below $80,000 and spot momentum weakened.

Zcash remained the exception among cryptocurrency majors, with the token still higher on the week despite Friday’s pullback.

StoneX analyst Mark Palmer upgraded Block to ‘Buy’ from ‘Hold’ and set a $105 price target, citing progress from the company’s AI-focused reorganization.

Glassnode said Bitcoin's spot momentum fell 30% over the past week, with spot volume flat at $5.3 billion.

The company repurchased around 1.8 million STRC shares for $176.3 million during the week, without buying back its other preferred securities or common stock.

Ethereum outperformed Bitcoin over the past 24 hours, helping shares of ETH treasury company BitMine Immersion Technologies edge higher in premarket trading.

Hayes expects the Fed to accommodate fiscal spending. He argues that, regardless of who leads the central bank, political pressure to support the economy could eventually mean more liquidity.

Bitcoin's correlation with gold is at a six-year high, according to Bitwise, suggesting investors are using it as a hedge against U.S. fiscal threats.

Van de Poppe said he wouldn’t be surprised to see NEAR hit $4.50-$5.00 in the next few weeks, suggesting an over 100% price increase

Yusko said he sold 90% of his Solana holdings after getting back about 1,000 times what he put in.

DefiLlama showed that Robinhood Chain collected $2.9 million in fees in 24 hours, compared to $12,238 on Arbitrum’s own chain.

SoSoValue data show that three U.S. spot HYPE ETFs have net inflows of $356.58 million since launch and net assets of $480.86 million

Bitwise said that Bitcoin is increasingly trading like gold rather than a tech asset, strengthening its long-running “digital gold” case.

ZEC’s 14-day RSI reached over 82, well into the ‘overbought’ territory, and the token traded more than 2 times its 200-day moving average.

Veteran Wall Street investor Jordi Visser said a 0% weighting in Bitcoin was a directional bet, and argued the position was no longer defensible for a diversified portfolio.

The NSA is no longer formally opposing the CLARITY Act, as Congress and the administration continues working through the bill’s legal, regulatory, and enforcement issues.

Bitwise CIO envisions tokenization spreading beyond crypto into a possible $500 trillion asset market.

Economist James Thorne said his risk capital was in Bitcoin, though he flagged that a socialist-aligned Congress after the 2026 midterms could change his bullish thesis.

Bank of America flagged September 11 CPI as the more decisive signal for the Fed rate path, Bitunix analysts said.

The breach of the $1,000 threshold triggered $34.5 million in ZEC shorts liquidated, part of a larger total of about $36.6 million liquidated within 24 hours.

The rally in cryptocurrencies came after Fed Governor Christopher Waller said he would support holding rates steady if inflation continues to ease.

Morningstar called Nio’s 2027 growth target “too optimistic” as subsidies fade and costs rise.

Jackson said the pattern is statistically real but too noisy to provide a reliable trading edge over simply buying and holding stocks.

The SEC proposed updating decades-old transfer agent rules to reflect electronic communications and blockchain-based securities systems.

Bitcoin ranked as the most decentralized of the three networks studied, although the report also highlighted concentration risks in its mining sector.

The rally in altcoins comes as September rate hike odds sit at about 62% after Kevin Warsh’s Jackson Hole speech.

Bitcoin logged its strongest August in years as ETF demand surged, though analysts warned September could still bring fresh volatility.

Grayscale said Zcash’s shielded transactions could be beneficial, as users seek stronger privacy protections.

XMR open interest jumped to $339.5 million, up 23.40% in 24 hours, signaling a sharp rise in trader positioning.

Over the past week, Strategy bought around 4,600 BTC for roughly $370 million.

ASST stock has nearly doubled so far this month, while MSTR shares have gained around 30%.

Tether CEO called the firm a "stable company," built on tangible assets rather than any single currency or system.

Bitcoin showed recovery in August, but weak trading activity means the rally still needs confirmation.

Eric Trump said that the U.S. must be "number one" in crypto and AI, citing the CLARITY Act.

Paolo Ardoino questioned why depositors would prefer fractional-reserve products to fully-reserved stablecoins and warned of repercussions if they moved their savings.

CryptoQuant analyst Darkfost said rising profits among recent buyers could increase the chances of profit-taking.