Bitcoin is trading around $109,000, holding in what analysts at QCP Capital call a “narrow-range equilibrium” ahead of Friday’s U.S. Consumer Price Index (CPI) release — one of the few data points unaffected by the ongoing U.S. government shutdown.

QCP described the CPI as a “singular anchor” for policy expectations, with a soft 0.2% increase potentially boosting risk assets and improving liquidity sentiment. Until then, markets remain frozen in place, caught between cautious optimism and profit-taking.

Bitcoin has drifted lower since hitting a record high above $126,000 on Oct. 6, shedding momentum as traders digest mixed macro signals. 

“The bull run is over,” warned…

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Bitcoin Magazine

Ledger Nano Gen5 Debuts Affordable Hardware Security for AI-Driven Digital Identities

Ledger, the most popular cryptocurrency hardware wallet company and one of the oldest in the industry, just announced its latest, most advanced security device, the Ledger Nano Gen5. Taking the capabilities of previous Ledger devices to the next level, the Gen5 also reaches a surprisingly low price compared to its predecessors. 

Ledger has sold over “8 million devices in 165 countries, across over 10 languages, more than 100 financial institutions and commercial brands,” according to a press release shared with Bitcoin Magazine. The company claims “over 20% of the world’s…

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After nearly seven years since the Lightning Network brought faster payments to Bitcoin, a new technology is pushing the world’s strongest digital asset into its next phase.

Ark Labs has launched the public beta of Arkade, a much-anticipated Layer 2 protocol built directly on Bitcoin.

The project makes Bitcoin faster, programmable and capable of supporting complex financial tools like lending, trading and even stablecoins – all without changing Bitcoin’s core, or sacrificing its security.

Bitcoin is the most secure blockchain in the world with a hashrate that no other network matches, but it was never built for programmable finance.

Its base layer…

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Hyperliquid Strategies has filed an S-1 with the U.S. Securities and Exchange Commission to raise up to $1 billion through a public offering of 160 million shares. The company, advised by Chardan Capital Markets, plans to use the funds to strengthen its crypto treasury and expand its holdings of HYPE tokens within the Hyperliquid ecosystem.

Formed through a pending merger between Sonnet BioTherapeutics and Rorschach I LLC, the new entity aims to operate as a crypto-focused treasury company. The merger, announced in July, is expected to close later this year, with the combined firm set to trade on Nasdaq under a new ticker. Leadership includes Bob Diamond, former Barclays CEO, as Chairman, and David Schamis as CEO.

Proceeds will support staking of HYPE tokens and other DeFi-related activities. Hyperliquid, a decentralized perpetual futures exchange, has already processed over $1.5 trillion in trading volume since 2023, with HYPE tokens rising 11.53% to $38.98 in the last 24 hours.

Filing

Moon Inc. (HKEX: 1723) has raised about US$8.8 million to launch a Bitcoin prepaid card in Thailand and South Korea, with plans to expand across Asia. The company, a leader in prepaid connectivity and digital asset solutions, confirmed the successful HK$65.5 million fundraising earlier today.

The round was supported by a consortium of Bitcoin miners and investors through the issuance of new shares and convertible notes, according to a note shared with Bitcoin Magazine. 

“The successful completion of this private placement marks another critical milestone in Moon Inc.’s growth, and we are grateful for the confidence our new and existing investors have shown in our long-term…

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Bitcoin price is hovering in the mid $107,000’s range as analysts from both VanEck and Standard Chartered see more upside.

Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, sees a near-term dip in bitcoin price below $100,000 as “inevitable” due to factors like renewed U.S.–China trade tensions. 

However, Kenrick views any bitcoin price pullback as likely short-lived and a buying opportunity. 

Kendrick highlights gold-to-Bitcoin flows as a key indicator, noting that recent rotations — selling gold to buy Bitcoin — could signal stabilization and mark a bottom. 

Despite the volatility, Kendrick remains bullish, maintaining his…

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Wall Street has unequivocally arrived. The long awaited phase shift is here. We have discussed for years what this time period and shift will be like, many cheering it on in anticipation of the economic implications and shockwave it would cause in terms of liquidity and price movement. 

In the last few years it has undeniably come to dominate the narrative, shaping dialogue and focus across the entire ecosystem. Where before large communities of people would spring up around technological innovations, or philosophical schools of thought on how Bitcoin can positively shape the direction of the world in a time of tumultuous change and metaphorical ground shifting out from under us,…

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One month ago, Harshvardhan (“Hash”), an alumni of the MIT Bitcoin Club and an organizer for the MIT Freedom Tech Expo, told me in an interview about how a friend of his who is a social worker in Nepal and who was on the ground during the recent protests in the country doesn’t like Bitcoin.

“There’s a lot of people with left-leaning ideology who still think bitcoin is a capitalistic tool, and they’re not very comfortable with it yet,” explained Hash.

I’ve been thinking a lot about this point he made since we spoke.

As someone who was formerly more politically Liberal, I still have a lot of friends and acquaintances who seemingly shudder at the mere…

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T. Rowe Price, the 87-year-old investment giant managing over $1.8 trillion, has officially stepped into the world of digital assets. The firm filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch the T. Rowe Price Active Crypto ETF, marking a major shift for a company traditionally known for its conservative mutual funds.

The new ETF aims to give investors active exposure to cryptocurrencies, offering a managed alternative to direct coin ownership. Industry experts see this as a pivotal move, with Bloomberg’s Eric Balchunas noting that a “land rush” into crypto ETFs is now underway.

T. Rowe Price has hinted at crypto interest before. Earlier this year, technology ETF manager Dominic Rizzo suggested bitcoin’s value resembles a commodity, tied closely to mining costs. If approved, the ETF could position T. Rowe Price among leading traditional firms embracing digital finance’s next frontier.

S-1 form