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ETH Price Surges Past $2,600 as CPI Data Triggers Squeeze

Ethereum surged over 6.5% in less than an hour Friday to hit a multi-month high of $2,663 following a favorable U.S. consumer price index report. CPI Catalyst On Friday, Sept. 11, ether (ETH) breached $2,600 for the first time since early February, reviving hopes that the number two cryptocurrency could end the year in the […] from Bitcoin News https://ift.tt/w5rW97N
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Binance Reserves Hit 693,000 BTC as Bitcoin’s Price Faces $85K Wall

Binance’s bitcoin reserves have climbed above 693,000 BTC, their highest level in two years and about 30% of reserves held across major exchanges. The buildup arrives as bitcoin struggles below heavy long-term holder supply, making the next price move unusually important. Binance Controls 30% of Bitcoin on Exchanges Bitcoin is facing a fresh test from […] from Bitcoin News https://ift.tt/IQqzjLo

XRP Can Flip Bitcoin, Ex-Ripple CTO Schwartz Says: Here’s What He Didn’t Say

Ripple Chief Technology Officer Emeritus David Schwartz said XRP could eventually overtake bitcoin by market capitalization, a reversal that would require XRP to trade near $24.70, roughly 18 times its current price of $1.34. What Was Said Exactly During an X Spaces discussion the day before yesterday, Schwartz was asked whether he believed XRP could […] from Bitcoin News https://ift.tt/XLRsNhz

Bitcoin Price Spikes Near $80K as CPI Matches Forecasts

Bitcoin briefly spiked to $79,837 following the release of August CPI data that matched projections, but volatile intraday trading triggered over $732 million in crypto liquidations. Volatile Trading Triggers $732M in Liquidations Bitcoin briefly reclaimed $79,000 Friday after the U.S. Bureau of Labor Statistics released August Consumer Price Index (CPI) data that aligned with economists’ […] from Bitcoin News https://ift.tt/quLZERw

Pump.fun Lets Memecoins Trade Against Tokenized Stocks on Solana

Pump.fun is letting users launch tokens paired directly with tokenized stocks, crypto majors, and metals on Solana. The move brings memecoin speculation and real-world assets into the same liquidity pools, while reviving questions about how far tokenized equities can stretch before regulation catches up. Pump.fun Pushes Tokenized Stocks Into 24/7 Solana Trading Pump.fun is blurring […] from Bitcoin News https://ift.tt/2KWMkdB

163-Year-Old US Bank Just Moved Its Own Stablecoin Across Europe

The fifth-largest commercial bank in the United States, U.S. Bank, announced this week that the Minneapolis lender completed a transaction using a stablecoin it issued itself on the public Stellar blockchain. U.S. Bank Takes Its Own Stablecoin Onto a Public Blockchain The banking industry is very much involved with blockchain and stablecoins these days, and […] from Bitcoin News https://ift.tt/NPD4a1t

Bitcoin Fund Lost 36% of Its Backing, Nobody Noticed for 74 Days

Amid what seems like an endless stream of hacks, data breaches, exploits and bugs, one software flaw quietly wiped out a third of a bitcoin fund’s backing, and somehow went unnoticed for two months. Nomic Bug Leaves Alloyed BTC With a 36% Backing Hole According to the decentralized exchange (DEX) platform Osmosis, a software flaw […] from Bitcoin News https://ift.tt/hLVs3Cz