Swissblock Crypto News

✨ @SwissblockNews Bitcoin Highlight Bitcoin Cleared One Macro Test, but More Are Coming 🎯 Read more on CoinDesk

👉 Goldman Sachs Makes $2.25B Bitcoin ETF Power Play and more 🔹 Goldman Sachs to Acquire NEOS Investments in $2.25B Deal, Adding Bitcoin Income ETFs to Lineup The deal gives the bank a ready-made foothold in Bitcoin-income ETFs space. CLARITY Act Failure Could Let Trump’s SEC Fast-Track Crypto, Says Expert The SEC could see an unanticipated benefit from the crypto industry’s failure to pass the CLARITY Act, said ETF expert Nate Geraci: increased ability to expedite regulations via existing legislation under President Donald Trump. However, Congress has yet to act on it, and the SEC seems to be taking steps to implement its own crypto plan, regardless. Ethereum staking climbs to 34% as proposal targets validator rewards and ETH treasury firm yields | The Block Researchers recently filed EIP-8361, a “tapered issuance burn” that destroys a growing share of validator rewards as the staking ratio rises.

👉 Solana Nears Network Freeze After Staking Outage—and More 🔹 Bitcoin Price May Be Battered, but Structural Adoption Story Still Intact: Grayscale Grayscale has said there are three reasons Bitcoin adoption is set to continue growing — regardless of price. BIP-110 failure shows Bitcoin would be 'almost impossible to reproduce,' Plan B Network director says | The Block Zucco argued that BIP-110 bundled legitimate technical and governance disputes with a “moral panic” that helped drive the fork. He criticized Luke Dashjr’s removal as a BIP editor, saying the move risked fueling claims of Bitcoin centralization. Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says A routing glitch at a major data center provider knocked nearly 29% of Solana’s staked tokens offline, bringing the network within striking distance of a full freeze, while Foundation executives stressed that blocks and transactions never stopped.

✨ @SwissblockNews Bitcoin Highlight Bitcoin’s Bottoming Signals Are Bringing Back the Digital Gold Narrative 🥇 Read more on Bitcoin Magazine

👉 Bitcoin Targets $63K on CPI Relief – and more 🔹 BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options The fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates. Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60% Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support. As retail crypto trades collapse 73%, eToro drops $231 million to capture active US stock traders July crypto trades fell to 1.4 million and average ticket size halved, while quarterly profit rose and eToro agreed a deal to add active US stock trading.

✨ @SwissblockNews Regulatory Highlight September May Be Crypto Reform’s Last Real Window ⏳ Read more on The Block

✨ @SwissblockNews Crypto & Companies Highlight Strategy Is Buying Time With a $4.6 Billion Cash Buffer 💵 Read more on CryptoSlate

👉 Russia Greenlights Retail Bitcoin Trading — and more 🔹 Bank Of Russia Approves Bitcoin Trading For Retail Investors Russia is moving ahead with regulating the Bitcoin and wider digital asset space. MoneyGram expands on Solana with global crypto-to-cash service Wallets and apps on Solana can now tap MoneyGram's global network to move between digital assets and local currencies. JAN3 Bitcoin index: Why the UK ranked third JAN3's 2025 B20 combines policy advances with enforcement custody, while dated Treasury records separate the coins from national reserves.

👉 Crypto Bank Erebor Chases $1.5B Raise and More 🔹 Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay A vote on the Clarity Act last week stalled. Still, pro-crypto regulators have now said they aim to unveil plans to help the digital asset space. Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT Total deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI and defense. Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire The price-dependent scenario is not a forecast, but the filing creates equity capacity twice Tydal’s remaining build bill.

✨ @SwissblockNews Bitcoin Highlight Bitcoin’s Calm Is Becoming a Setup for Volatility ⚡ Read more on CoinDesk

👉 Bitcoin Sell Pressure Nearing Exhaustion After Tether Drop and more 🔹 Bitcoin drops to one-week low as retail buys gold at highest prices since June Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks. Dogecoin and BNB lead majors higher as bitcoin slips near $63,700 DOGE gained almost 3% to 7 cents and BNB 2% to $614, while bitcoin was the only major in the red on both the day and the week. Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60-day period.

✨ @SwissblockNews Ethereum Highlight Ethereum’s Next Era Is About Resilience, Not Just Scale ⚙️ Read more on The Block

✨ @SwissblockNews Bitcoin Highlight Bitcoin’s Strongest Hands Are Quietly Rebuilding Conviction 🐋 Read more on CoinDesk