Bitcoin, Ethereum, and digital asset news covering market movements, blockchain technology, regulatory developments, and cryptocurrency industry trends.
Bitcoin and Ethereum reached multi-month highs on Friday, with Bitcoin opening at $81,271.92, up 5.1%, after massive ETF inflows and Fed Governor Chris Waller's signal of a possible rate hold. Traders assign only about a 30% chance of record levels in 2026.
Coinbase Global filed a registration notice with the SEC to introduce single-stock perpetual futures in the United States. Chief Policy Officer Faryar Shirzad noted the product requires subsequent approval from the Commodity Futures Trading Commission, following earlier CFTC clearance for crypto perpetuals.
Cryptocurrency funds recorded their largest five-week inflow since October 2025, reaching $101 billion according to Bank of America. This surge marks a sharp acceleration from subdued flow levels in 2023, highlighting renewed institutional and retail investment interest.
Bitcoin fell 0.8% to trade at $80,848 after peaking at $82,164 overnight. The cryptocurrency rallied earlier after Federal Reserve member Chris Waller indicated he would vote to keep rates on hold if inflation improves.
Binance co-founder Changpeng Zhao stated that investment capital is moving from artificial intelligence equities back into the cryptocurrency market. He attributed the recent Bitcoin rally, which reached $78,500 on Thursday, to renewed institutional interest and inflows into spot crypto ETFs.
The article argues that the traditional inverse correlation between rising bond yields and Bitcoin is breaking down. It contends that foreign exchange markets now interpret higher yields as signs of fiscal strain rather than strength, potentially making hard assets like Bitcoin more attractive to investors seeking protection against currency debasement.
Bitcoin rose above $81,000 on Friday as traders reduced bets on a September Federal Reserve rate hike. U.S. spot bitcoin ETFs recorded approximately $277 million in provisional inflows on Thursday, while Zcash led major cryptocurrencies with a nearly 15% daily gain.
CEO Phong Le justified the firm's strategy of selling Bitcoin near $62,200 and repurchasing at $80,318 as balance sheet management. The company used proceeds to eliminate debt and fund dividends, then financed new acquisitions by selling MicroStrategy shares, bringing total holdings to over 845,000 BTC.
VanEck’s Matthew Sigel contends that a Democratic victory in the U.S. midterm elections would not necessarily harm Bitcoin investors, citing President Biden’s administration approval of spot Bitcoin ETFs. The commentary suggests that while other cryptocurrencies might face regulatory headwinds under Democrats, Bitcoin has already achieved institutional legitimacy regardless of party control.
Analysts rank Bitcoin above Tesla in a new growth asset list, citing Bitcoin's higher growth potential despite its larger market capitalization. The commentary explains that the ranking reflects expectations of future expansion rather than current valuation, challenging conventional comparisons between cryptocurrency and traditional tech equities.