Bitcoin is trading near the $80,000 mark, supported by significant new purchases from MicroStrategy and increasing anticipation of a key U.S. Senate vote on cryptocurrency regulation.
The cryptocurrency EOS recorded its largest single-day percentage gain in nearly a year, climbing over 14% on Saturday, though the token remains significantly below its 2018 peak.
The price of Bitcoin fell after a surprisingly strong U.S. jobs report increased the likelihood of a Federal Reserve interest rate hike, overshadowing strong inflows into spot ETFs.
The EOS token fell more than 10%, marking its most significant single-day percentage loss since November 2022. The sharp decline pushed the cryptocurrency's market capitalization down to approximately $667 million amid a wider downturn in the digital asset market.
Crypto asset management firm CoinRabbit has been named the "Best Crypto Lending Platform 2026" by International Business Magazine, recognizing its issuance of over $1.45 billion in loans and its focus on collateral security.
ACQUA1, a subsidiary of Liquid Mercury, completed the first closing of its private offering for accredited investors, permanently removing 563.23 million MERC tokens from circulation in exchange for units in its real-world asset tokenization venture.
U.S. spot Bitcoin ETFs recorded their largest monthly net inflow in over a year, pulling in $3.5 billion in August and fueling a 25% price rally. The cryptocurrency now faces a critical test at the $80,000 resistance level, a key price point for many ETF investors.
The world's largest cryptocurrency rallied to a near four-month high, buoyed by comments from a Federal Reserve official that tempered rate hike expectations and signs of progress on U.S. crypto legislation.
DeFi collateral platform Symbiotic has hired Mahendran Nathan, former Asia-Pacific CEO of Société Générale Asset Management, as its Global Head of On-chain Solutions to attract institutional capital.
