FxPro’s Alex Kuptsikevich said companies that helped give bitcoin institutional cover are now chasing AI data centers, putting BTC’s flat 50-day moving average in focus.
The U.K.’s Crypto and Digital Assets All-Party Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital asset businesses.
The project said it will pay 10% of recovered funds, up to 3 BTC, after attackers stole LND credentials and drained merchant Lightning wallets last week.
Elite wallets holding over 10,000 BTC has hit a six-month high of 90, building on earlier accumulation by mid-sized whales amid Coldcard fallout and Clarity Act delays.
Strategy is holding billions in cash after learning that traditional investors don’t necessarily view its massive bitcoin reserves as a substitute for dollars.
The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter’s router can send enough swap flow to the new vaults.
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.