Crypto World News
Crypto World News
Metaplanet is expanding its Bitcoin-focused investment network with a $1 million Hong Kong subsidiary designed to cover Asian trading hours. The move supports Project Nova, while the company continues broader capital-markets expansion across Japan and the United States with 43,000 BTC in treasury.
Blockstream has refused to pay a 10% bounty after 3,400 BTC was returned following the Liquid Network exploit. About 598.5 BTC remains under the actors’ control as the company pursues recovery efforts and rejects claims of white-hat activity.
Spot Bitcoin ETFs posted $283 million in net outflows on September 10, marking three consecutive days of withdrawals, while spot Ethereum ETFs lost $29.76 million despite BlackRock's ETHA bucking the broader trend with $13.95 million in fresh daily inflows.
Bitcoin dropped sharply after the US inflation signal revived concerns that monetary policy could remain restrictive. Bull Theory reported a $1,200 decline below $77,000, alongside more than $190 million in long liquidations over 60 minutes. The move shows how macroeconomic data and leverage amplify Bitcoin volatility.
Binance founder CZ proposes national crypto reserves should track market cap: over 50% Bitcoin and 10-20% Ethereum, with the rest in top assets. He argues diversification accelerates overall innovation, ultimately strengthening Bitcoin, while offering regulators a more balanced and politically viable framework than Bitcoin-only reserves.
Bitcoin price remains near $79,000 as strong ETF inflows provide support. Traders are watching the $80,000 resistance and $76,715 support for Bitcoin’s next move.
Bitcoin sentiment barely changed after the Liquid Network exploit, despite 4,000 BTC, worth $320 million, being withdrawn from the federation wallet. Santiment’s BTC Sentiment Balance moved from +3.2 on September 5 to -2.3 on September 6, before recovering to +10.
Bitcoin is approaching a crucial resistance zone that could determine its next major move, with analysts watching $83,000 for confirmation of a breakout toward $100,000. Strong spot Bitcoin ETF inflows point to resilient institutional demand, although renewed activity from long-term holders could introduce additional volatility during the current consolidation phase.
Capital B expanded its Bitcoin reserve by nearly 12% after purchasing 376 BTC for €25.3 million. Strategic holdings reached 3,521 BTC. The purchase followed financing that included private placements backed by Adam Back and TOBAM.
Bitcoin OG spending activity has doubled since May, with its 90-day average reaching about 1,500 BTC. Bitcoin hovered near $80,000 as older coins moved on-chain. Some transfers may reflect wallet security changes, while the data does not confirm sales.