Bitcoin

BTC rejected around $86,570 and stayed capped below the $87,000–$87,570 resistance cluster as long-dated yields moved back toward 24-year highs.

The firm also widened its strategic bucket to 10%–15% of assets as its stock trades at a 0.80x Bitcoin-NAV discount in Tokyo.

The last trigger is the 100-day SMA crossing above the 200-day, with the 50-day hold the near-term test.

Waivers covered missed performance criteria, but the fund said any added BTC should come only from documented donations.

The market added more than $1B in under 72 hours, but key implementation details remain unconfirmed.

Disclosures put execution and third-party LLM data-use risk on customers and say Robinhood does not supervise or audit agents.

The reduction implies about 68 roles if headcount stayed near the ~400 level cited in February testimony.

The mNAV squeeze lands as Kalshi and Blockchain.com pursue large late-2026 financings at sharply different valuation levels.

BTC tagged $86,857 on Bitstamp before slipping under $86,000 as liquidation exposure clustered above $87,000.

He argues data-center debt losses could force a policy backstop that turns into a liquidity bid for BTC.

Traders are focused on liquidity magnets at $84,500 and $82,900 and a potentially “messy” $82,500 support retest.

August delivered $3.52B of the quarter’s inflows, but September cooled and ended with a $149M outflow day that broke a streak.

He points to stablecoins, wallets, smart contracts and identity, as TradFi tests crypto-adjacent settlement via Lynq and derivatives licensing.

The bank’s thesis leans on a governance-approved fee switch that routes 95% of net revenue into ENA buybacks once USDe hits supply milestones.

He said a late-June slide to around $58,000 may have been the cycle low and flagged early October as a possible shakeout window.

A Friday SEC filing said the miner ended the line without early termination fees or penalties.

The framework targets issuance, custody choice, transferability, and borrowing as core freedoms in an AI-era economy.

The amendments would start in Nov. 2026 for STRC and Jan. 2027 for the other preferreds if shareholders approve.

MSCI’s consultation runs through end-September, with a mid-October decision and a potential November rebalance if adopted.

The Crypto.com spin-out joins a Sept. 18 wave of similar filings from Coinbase, Kalshi, and Payward’s Bitnomial.