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Bitcoin price taps $117K as traders brace for Fed rate cuts

Bitcoin rose above $117,000 as investors braced for Jerome Powell’s post-FOMC speech that could see volatile swings toward key BTC price levels.

Bitcoin whale awakens after 12 years, transfers 1,000 BTC before US Fed meeting

A dormant Bitcoin whale moved $116 million of the cryptocurrency ahead of the Fed’s key interest rate decision as crypto traders braced for volatility in global markets.

Crypto needs a better story: Influencer thinks it starts with saving children

Social media influencer Carl Runefelt, also known as Carl Moon, wants to help rewrite crypto’s narrative, and he’s started with the operating table.

Fintech firm LMAX launches BTC, ETH perps for institutional traders

LMAX Group entered the crypto derivatives arena with 100x leveraged perpetual futures for institutional investors, citing increased demand for these tools.

ARK Invest’s Bullish holdings near $130M with latest $8.2M scoop

Cathie Wood’s ARK Invest now holds nearly $130 million worth of Bullish shares across its ETFs after its latest multimillion-dollar acquisition on Tuesday.

Fed ‘third mandate’ may devalue dollar, drive Bitcoin higher

Donald Trump’s latest Fed pick cited a “third mandate” for the bank to moderate long-term rates, potentially justifying yield curve control policies, which could boost Bitcoin.

Bitcoin stuck at $116K resistance until ‘decisively reclaimed,’ says Bitfinex

There’s division among crypto analysts over how Bitcoin will react to the Fed’s decision on Wednesday, whether or not a rate cut is announced.

Nasdaq-listed GD Culture plunges on $875M Bitcoin acquisition deal

Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital.

SEC listing rules to boost crypto ETFs, but no guarantee of inflows: Bitwise

Bitwise’s Matt Hougan says a more straightforward SEC listing process could lead to more crypto ETFs, but that doesn’t mean they’ll all attract money.

UK to strengthen ties with US on crypto matters: Report

The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain.

Bitwise files for stablecoin, tokenization ETF with US SEC

Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules.

Ethereum’s new AI lead says ecosystem demand is driving AI push: Interview

Davide Crapis says the Ethereum Foundation’s new AI team wasn’t part of the roadmap but grew out of grassroots demand.

US House to consider retroactive CBDC ban in market structure bill

The House Rules Committee could add the CBDC bill to the final version of the market structure bill, but it may not impact the Senate’s own version of the legislation.

Bitcoin may hit $120K on Wednesday: Here is why

Bitcoin’s price strength is supported by centralized exchange withdrawals, spot ETF inflows and BTC’s increasing use as a financial hedge.

Binance seeks DOJ deal that could end 2023 compliance monitor: Report

The DOJ is reportedly considering lifting a three-year compliance monitor imposed under Binance’s $4.3 billion settlement.

Circle responds to Hyperliquid’s stablecoin with investment, native USDC rollout

Circle is now a HYPE holder, has introduced native USDC to Hyperliquid and is considering becoming a network validator.

Bitcoin mining stocks outperform BTC as investors bet on AI pivots

Cipher, Terawulf, Iris Energy, Hive and Bitfarms rallied sharply in September, outpacing Bitcoin despite tightening mining economics and weaker onchain activity.

Coinbase asks US DOJ to take steps to prevent state enforcement cases

The company’s chief legal officer urged federal officials to push Congress for certain provisions in a pending market structure bill to prevent what it called “state blue-sky laws.”

Santander’s Openbank launches crypto trading in Germany, eyes Spain

Santander’s digital bank has launched crypto trading in Germany, with a rollout to Spain planned as Europe’s largest lenders accelerate crypto services.

Bitcoin analyst predicts 35% rally after 9th bullish RSI signal fires

Bitcoin eyes a 35% breakout as analysts point to a bullish RSI signal and the upcoming FOMC interest rate decision.

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