Bitcoin price stabilized above $76,000 after buyers defended the $75,000 area, while improving 4-hour momentum and nearby liquidity at $77,000 pointed to a possible short-term rebound. Summary Bitcoin recovered to $76,362 after falling toward $75,000 during the latest sell-off. The daily price remains below the Bollinger Band midpoint at $78,028. 4-hour MACD momentum improved, but
France’s Council of State has rejected an emergency request from Bull Bitcoin and Paymium to suspend the French decree implementing the European Union’s DAC8 crypto tax reporting rules while a separate challenge seeking to annul the measure remains before the court. Summary France’s Council of State rejected Bull Bitcoin and Paymium’s emergency request to suspend
Hyundai Card has moved its Avalanche-based stablecoin payment experiment toward a new scale-testing phase after completing a live $20,000 corporate transfer between Hyundai Motor entities in the U.S. and Mexico. Summary Hyundai Card says its Avalanche pilot settled a $20,000 intercompany transfer in roughly seven minutes. Hyundai Motor America converted dollars into USDT before sending
Bitcoin’s post-quantum migration debate has moved toward wallet security and dormant-coin handling after Ledger CTO Charles Guillemet argued that choosing a new signature scheme may prove easier than moving Bitcoin users and existing funds safely. Summary Ledger CTO Charles Guillemet says Bitcoin faces a migration challenge, not an immediate quantum crisis. SHRINCS combines stateful signatures
The U.S. House Financial Services Committee has advanced legislation to place the federal Strategic Bitcoin Reserve into law, voting 28-21 on Sept. 16 to report the amended H.R. 8957 favorably. Summary 28 committee members backed H.R. 8957, while 21 opposed the amended Bitcoin reserve legislation Wednesday. 20 years is the minimum holding period for Bitcoin
South Korean police have booked 26 Polymarket users over alleged illegal gambling involving 17.6 billion won, roughly $12.7 million, with 18 cases referred to prosecutors by Sept. 15. Summary 26 South Korean Polymarket users were booked, with 18 already referred to prosecutors over gambling. 17.6 billion won in cumulative wagers was linked to suspects identified
Hackers behind the Revolut customer data breach have demanded 6,000 Monero, worth about $3 million, while threatening to sell the stolen records unless the bank pays within 24 hours. Summary Hackers have demanded 6,000 XMR, valued at about $3 million, from Revolut. At least 680 customer accounts were affected after fraudulent government requests passed company
Celsius Network’s bankruptcy estate has sued BitMEX for the return of 6,360.17 Bitcoin, worth about $495 million, over forced liquidations carried out during the March 2020 COVID market crash. Summary Celsius and JST lost a combined 6,360.17 BTC through BitMEX liquidations in March 2020. The estate alleges BitMEX designed its system to profit from liquidated
Bitcoin price traded near $76,200 after a volatile week as the failed CLARITY Act vote and the Federal Reserve’s rate increase kept pressure on the market. Technical indicators now point to resistance near $78,600, while liquidation data places the main downside liquidity cluster around $74,600. Summary Bitcoin price fell roughly 4% over seven days after
The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 for a regulatory regime taking effect in October 2027. Summary FCA applications open Sep. 30, while the new crypto regime takes effect on Oct. 25, 2027. Existing registrations and permissions will not automatically
