Bitcoin surged to an eight-month high near $86,000 after a short squeeze, $750 million in bearish liquidations, and a sharp flip back to ETF inflows. Bulls have momentum, but rising leverage means the next move could get ugly fast if spot demand fades.
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Diamond prices are sliding as buyers favor Bitcoin’s transparent, verifiable scarcity over legacy luxury signaling. But the comparison is bigger than price: it’s a reminder that rarity only matters when people still believe the asset is worth paying for.
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Sherrod Brown is reportedly in the crypto industry’s crosshairs after the CLARITY Act stalled, with a $30 million spending push said to be taking shape. The move underscores how crypto is turning policy fights into full-blown political warfare.
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Agora has won preliminary OCC approval to organize as a national trust bank, a key step toward a federal banking framework built around custody and trust services. It’s not final permission yet, but it signals crypto infrastructure is moving deeper into regulated finance.
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Strategy is back in the Bitcoin market, buying 950 BTC for $75.7 million as BTC pushed higher. The move lifts its stack to 846,000 BTC and reinforces Michael Saylor’s company as the market’s loudest corporate Bitcoin bull — for better or worse.
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Strategy is back buying Bitcoin, adding 950 BTC for $75.7 million, but its bigger move was a $174 million STRC preferred-stock buyback. The filing shows a company still stacking sats while actively managing a more complicated capital structure.
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Bitcoin Core 32.0 has entered final testing ahead of a targeted Oct. 10 release, bringing faster block validation, PSBT v2 defaults, and security fixes without changing Bitcoin’s consensus rules. It’s the kind of boring-but-important upgrade that makes the network stronger.
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Fairshake is gearing up to spend at least $30 million against Sherrod Brown after the CLARITY Act’s collapse, escalating crypto’s fight with Washington into full-blown election warfare. The move signals a shift from lobbying to punishing lawmakers seen as hostile to digital assets.
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A Yoink MEV bot reportedly front-ran a suspected exploit against Kelp DAO’s rsETH vault, intercepting about $7.7 million on Ethereum before the drain completed. Kelp paused smart contracts and froze the funds as it assessed the damage.
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MultiversX is under pressure after an attempted VM-level exploit caused invalid state changes on mainnet, triggering exchange restrictions on EGLD. Upbit, Kraken, Bithumb, and Coinbase moved fast as the team tests a fix, with no firm restart timeline yet.
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