Author: Jose Oramas

Bitcoin reached $69,892 during Wednesday’s session and held near $68,995 early Thursday, a 7.38% gain over 24 hours, as long-dated Treasury yields fell and Treasury doubled its long-end buybacks. The post Bitcoin Surges Past $69K as Traders Flip From Bearish to 50/50 appeared first on Crypto News Australia…

VanEck says eight of the 12 signals in its Bitcoin capitulation dashboard were firing on 12 August, with the drawdown from October’s peak now in its 10th month and a shallower trough expected. The post VanEck Says Bitcoin May Be Nearing the End of Its 11-Month Correction appeared first on Crypto News Australia…

The US Treasury has proposed the first rules under the GENIUS Act, a 77-page plan governing who may issue, offer and sell payment stablecoins in the US. The post Treasury Opens Comment Period on GENIUS Act Stablecoin Rules appeared first on Crypto News Australia…

Bitcoin sat at $63,680 early Wednesday with US inflation data due that night, while Strategy sold another 1,690 BTC and Swyftx’s Pav Hundal flagged a labour market cooling under the surface. The post Bitcoin Stalls at $65K as Inflation Data Puts the Next Move in Focus appeared first on Crypto News Australia…

Bitcoin’s BIP-110 branch has produced two blocks since splitting off on Saturday and now sits 169 blocks behind the main chain, with no block in about a day and zero signalling this period. The post Bitcoin’s BIP-110 Chain Stalls as Fork Gap Widens to 88 Blocks appeared first on Crypto News Australia…