🔔 Bitcoin price nears Fidelity’s power law support: Accumulation zone or missing catalyst?

📌 On his power law model, a logarithmic chart that bounds Bitcoin’s entire price history between an upper resistance curve, a middle trendline, and a lower support curve, the floor currently sits near 58,000 dollars. That lower line has caught every major Bitcoin bottom since 2015. Timmer’s label for the zone the market has now entered is unambiguous: accumulation. His caveat is just as unambiguous: he sees no catalyst for a reversal, and he is not calling a bottom.

⚠️ That combination, a historically reliable floor approaching and a strategist refusing to ring the bell, is the most honest summary of the Bitcoin market in July 2026. The asset is coming off its worst quarter since the 2022 bear market, spot ETFs just recorded their largest quarterly outflow since launch, the speculative premium that carried the price past 120,000 dollars last year has evaporated, and the fast money has visibly rotated elsewhere, first into gold, then into semiconductor stocks. And yet the two quantitative measures Timmer trusts most, the deviation from the power law trendline and the Bitcoin-to-gold ratio, have both sunk to depths recorded at exactly two prior moments: the 2018 low and the 2022 low. Both of those moments were generational buying opportunities. Both also felt like the end of the world at the time.

🔖 This feature takes the model seriously in both directions: what the power law actually says, why its track record earns attention, and why the missing-catalyst objection is not a hedge but the core of the analysis.

🔔 Ethereum price faces $2,000 test as oil surge revives rate fears

⚡️ Ethereum price has remained trapped below $2,000 as rising oil prices, renewed interest-rate concerns and BitMEX’s planned shutdown have tempered bullish sentiment despite continued spot ETF inflows. According to data from cryptonews, Ethereum price traded near $1,927 on July 23 after reaching an intraday high of $1,941. The token has recovered more than 27% from its June low near $1,514, but repeated failures around $1,955 have kept the psychological $2,000 level beyond buyers’ reach.

🔗 Rate traders have already adjusted their positions. The probability of a September Fed hike rose to 79% from 68% per data from the CME FedWatch tool. Expectations for the July meeting remain centered on no change, but another oil-led inflation increase could lift Treasury yields and pressure risk assets such as Ethereum.

🔖 U.S. equities also weakened after Alphabet raised its 2026 capital-spending forecast to between $195 billion and $205 billion. The company recorded negative free cash flow of $5.9 billion as quarterly expenditure doubled to $44.9 billion, while its shares fell in premarket trading.

📣 Brazil stablecoins face IMF scrutiny as crypto flows outpace capital

🌐 IMF has called for closer oversight of Brazil’s stablecoin market as cross-border crypto flows outpace traditional capital movements. The report says cross-border crypto transactions have increased faster than conventional capital flows and now require closer regulatory attention because of their growing links with the country’s financial system. The assessment says stablecoin purchases respond much more strongly to global financial shocks than traditional portfolio investment or foreign direct investment.

🔔 Based on the IMF’s analysis, purchases of dollar-backed stablecoins are two to three times more sensitive to external market events, raising concerns over how quickly international volatility could spread through crypto markets. Brazil has emerged as one of the world’s more active crypto markets, with stablecoins accounting for a significant share of digital asset activity. The IMF said the country’s crypto ecosystem has become increasingly connected with the traditional financial sector, making regulatory oversight more important as adoption continues to rise.

⚠️ The report acknowledges that Banco Central do Brasil (BCB) has already introduced measures to regulate crypto asset service providers. Even so, the IMF said several areas still need stronger rules, including customer asset protection, stablecoin issuance requirements, and compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) standards.

📣 EU to revise MiCA rules in 2027 amid US stablecoin push

⚠️ European Union officials are preparing to revise the bloc’s MiCA crypto framework in 2027 as foreign stablecoin restrictions and faster U.S. rulemaking expose gaps in the existing regime. The planned revision would examine how MiCA treats stablecoins issued outside the European Union. Current requirements have prevented several foreign issuers from receiving authorization, limiting their access to regulated exchanges across the bloc.

💬 “Reopening the file seems unavoidable at this stage,” an unidentified European diplomat told Euronews.

🔗 The diplomat cited positions taken by European institutions, including the European Central Bank, along with changes in global regulation and digital-asset technology. No final proposal has been published. Any amendment would need to pass through the EU’s legislative process before taking effect. The consultation covers developments that have occurred since MiCA entered into application. Its deadline has been extended to Sept. 30, with crypto issuers, service providers, regulators, central banks and finance ministries invited to respond.

📣 Nigel Farage faces renewed probe over $6.7m crypto-linked gift

➡️ Nigel Farage has returned to the UK Parliament with 63.34% of the Clacton by-election vote, restarting an investigation into a $6.7 million gift and other support from two crypto-linked figures. The UK Parliament’s Parliamentary Commissioner for Standards listed Farage on Friday as the subject of an investigation into a possible “failure to register an interest,” with the case reopening after his return as Clacton’s Member of Parliament.

🔔 Parliamentary officials are examining a £5 million about $6.7 million personal payment that Farage received from Christopher Harborne, a billionaire investor who holds a stake in stablecoin issuer Tether. Based on the exchange rate used in earlier reports, the payment was worth about $6.7 million.

🔖 Harborne gave Farage the money before the Reform UK leader entered Parliament following the July 2024 general election. Farage initially described it as a “reward” for his work campaigning for Brexit before later calling it an unconditional personal gift.

📌 What is RSI? The overbought/oversold indicator explained

🔖 The relative strength index is one of the most widely used momentum oscillators in crypto trading, but most traders misread what it actually measures. This guide breaks down the RSI formula, explains how overbought and oversold signals work in practice, and covers the mistakes that turn a useful indicator into a losing strategy. Most traders learn RSI backwards. They start with the idea that 70 means “sell” and 30 means “buy,” treating the indicator like a traffic light for entries and exits. That mental model sounds logical, but it ignores what RSI actually calculates. The relative strength index does not measure whether an asset is expensive or cheap.

🌐 It measures how aggressively price has been moving in one direction compared to the other. Understanding that distinction is the difference between using RSI as a crutch and using it as a genuine analytical tool. RSI quantifies momentum by comparing the average size of recent up moves to the average size of recent down moves over a defined lookback period. The default period is 14, meaning the calculation considers the last 14 candles on whatever timeframe you are viewing.

📊 Average gain is the sum of all positive price changes over the lookback period divided by N. Average loss is the sum of all negative price changes (expressed as positive numbers) divided by N. Periods with no change count as zero for both. What this produces is a bounded oscillator. When gains completely dominate losses, RS becomes very large and RSI approaches 100. When losses dominate, RS approaches zero and RSI drops toward 0. A perfect balance between gains and losses produces an RS of 1 and an RSI of 50.

📌 Beyond the rally: 4 Trends to watch this cycle

🔔 Robinhood’s Chain launch highlights four crypto trends reshaping ownership, finance, money and AI-driven markets. When digital asset prices surge, market commentary tends to fixate on green candles and central bank policy. Yet, looking beyond the immediate rally reveals a deeper structural shift taking place on-chain.

⚠️ Robinhood’s CEO, Vlad Tenev, skilfully drew global attention to this shift with the launch of the Robinhood Chain, joining a broader movement of major platforms bringing mainstream retail equity investors directly onto native on-chain execution. Macroeconomic stress provides background fuel, but technological innovation provides the spark. Beneath the price action, four key trends are defining this cycle and reshaping how global wealth is owned, accessed, and stored.

📊 At a recent White House summit, Vlad Tenev summarised his platform’s mission in a single word: ownership. Broad asset ownership is essential to a free and prosperous society, and the Robinhood Chain is putting that principle into practice. Consider novel mechanics like The Index. Holding this single token automatically drops fractional tokenised equities directly into a user’s wallet. In a few clicks, crypto-native traders gain organic exposure to traditional stock portfolios, opening up meaningful diversification beyond crypto alone.

🌐 Coldcard hacker uses THORChain to swap stolen BTC

📣 A hacker associated with the third wave of Coldcard wallet thefts began converting stolen Bitcoin into Ether through THORChain on Sept. 3, according to Galaxy Research’s Alex Thorn. The transactions moved approximately 10% of the Bitcoin controlled by that attacker. Roughly 90% remained at its original addresses when he published the update.

🔖 Researchers traced the swaps through THORChain to a newly identified Ethereum address. Thorn said he shared the address with law enforcement, crypto companies and other organizations monitoring the stolen assets. However, not every transaction succeeded. Thorn said the hacker appeared to be experiencing technical problems while attempting to process the swaps.

🔔 The cause of the refunds was not immediately confirmed. Possible explanations include liquidity limitations, transaction settings or protocol safeguards, but no verified technical assessment had established the reason. The movement represented the first detected onchain transfer from the original addresses associated with the first three attack waves, according to Thorn. Analysts will now monitor whether the resulting ETH moves to centralized exchanges, bridges or privacy services.

🔔 Zcash price holds above $1,200 as sell signal appears

➡️ Zcash price traded near $1,216 on Sep. 10 after a seven-day rally of more than 50%, but overbought momentum, a three-day sell signal and nearby liquidation clusters raised the risk of a pullback. According to data from cryptonews, Zcash price was trading at $1,216.15 at the time of writing, down 2.26% for the session after opening at $1,244.18. The token traded between an intraday low of $1,204.93 and a high of $1,256.80.

📊 Despite the daily decline, ZEC remained one of the strongest large-cap crypto performers over the past week. Its price rose more than 50% from around $814 on Sep. 4 and briefly entered the $1,249–$1,257 area before buyers lost momentum. The breakout also placed Zcash above $1,000 for the first time in years. Price continued to hold more than $200 above the psychological level at the time of writing, even as Bitcoin and Ethereum faced broader selling pressure.

⚡️ Derivatives liquidations contributed to the initial acceleration. More than $34.5 million in ZEC short positions were reportedly closed during a 24-hour period as bearish traders were forced to buy back the asset. Short liquidations accounted for about 94% of the total cited liquidations. Forced buying helped ZEC clear resistance quickly, but the same leverage that drove the advance could increase volatility if traders begin taking profits.

🌐 Bitcoin price targets $72.5K as Aroon favors sellers

🔖 Bitcoin price fell toward $75,500 after the U.S. Senate rejected the CLARITY Act, while bearish momentum and nearby liquidation clusters raised the risk of another decline before the Federal Reserve’s rate decision. Bitcoin price fell toward $75,500 after the U.S. Senate rejected the CLARITY Act, while bearish momentum and nearby liquidation clusters raised the risk of another decline before the Federal Reserve’s rate decision.

❗️ The procedural vote ended 49-50, leaving the proposed crypto market structure legislation 11 votes short of the 60 required to move forward. The setback weighed on digital assets and U.S.-listed crypto companies as traders reassessed the outlook for federal market rules. Derivatives amplified the initial decline. Approximately $771 million in leveraged crypto positions were liquidated over 24 hours, including about $568 million in long positions, according to market data cited after the vote. The imbalance showed that traders positioned for higher prices were caught by Bitcoin’s move below $76,000.

🔗 BTC also briefly fell through the lower Bollinger Band, which stood near $75,244, before returning inside the indicator. A move outside the lower band can signal heavy selling, but re-entry alone does not confirm that the correction has ended. The 4-hour relative strength index stood at 37.23, below its signal average of 45.70. RSI remains above the conventional oversold boundary of 30, leaving room for further weakness if buyers fail to defend the $75,000 region.

🔔 South Korea targets November review for second stage crypto legislation

🌐 South Korea’s Financial Services Commission has set November for a National Assembly subcommittee review of the Digital Asset Framework Act, rejecting claims that work on the country’s second stage crypto legislation has been delayed. According to Seo Na yoon, head of the FSC’s virtual asset division, the regulator and lawmakers are moving in the same direction on legislation covering digital asset issuance and distribution, including stablecoins. Speaking at a National Assembly seminar in Seoul on Sept. 22, Seo said differences remain over when the government will submit its draft, but the November review remains part of the planned timetable.

⚡️ “The FSC is not dragging its feet at all. We share the same view,” Seo said, responding to criticism over the pace of the legislation. “The direction has already been set, and while detailed discussions may be necessary in the process, there is certainly no intention on the FSC’s part to delay.”

🔗 Seo said the regulator wants the legislation passed quickly and expects discussions to proceed using bills that lawmakers have already introduced alongside the government’s proposal. Ten digital asset and stablecoin bills are currently pending in the National Assembly, giving lawmakers existing proposals to work from before the government completes its version.

📣 Japan arrests two suspect over 81M yen crypto police scam

🔖 Japanese police have arrested two people suspected of helping a fake police fraud group steal cryptocurrency worth approximately 81 million yen from a woman in her 40s. The victim was allegedly told that her bank card had been connected to a large money laundering investigation. According to police information cited by FNN, the group claimed a fraud case had caused 600 billion yen in losses and that around 400 accounts had been used to launder funds.

⚠️ FNN reported that the caller told the woman her card appeared among accounts connected with the supposed money laundering investigation. The caller then claimed she was close to being arrested and needed to “prove her innocence.” Police allege that the false accusation eventually led the victim to transfer cryptocurrency worth around 81 million yen. The assets were valued at approximately $515,000 using the conversion cited in reports on the case.

‼️ Investigators have not publicly identified the cryptocurrencies involved or disclosed the wallet addresses that received the assets. Available reporting therefore does not establish how the cryptocurrency was subsequently moved, converted or withdrawn. The Tokyo Metropolitan Police Department believes Okayama and Minamisawa participated in a larger organization. Known losses from fraud cases involving the two suspects have reached approximately 240 million yen, according to FNN.

🌐 Crypto gainers and losers: Quant jumps 158%, Lighter sinks

📊 Bitcoin traded near $84,600 on Oct. 3 as Quant and Midnight led the week’s top crypto gainers, rising 158.3% and 96.5%, respectively. Lighter fell 28.7%, while MemeCore, Ethena and Zcash posted double-digit losses. CoinGecko’s seven-day top-100 rankings for Oct. 3 placed Bitway and Pumpfun behind Quant and Midnight among the leading gainers. Its separate Bitcoin data showed BTC up about 0.6% over seven days, against a 0.3% decline across the broader crypto market.

➡️ The payments operator said the network would connect with existing U.S. infrastructure, including RTP and CHIPS. Availability for participating financial institutions is expected in the first half of 2027. Gold analyst Jan Nieuwenhuijs posted on X on Sep. 26 that buying one QNT carried the risk of losing $120 against the potential to earn $10,000.

‼️ His post did not set a date for that outcome. The comment came before the Oct. 3 price of $261.42 and represents a speculative upside view rather than a forecast for the next few days. The Clearing House announcement concerns infrastructure for bank deposits. Its planned first-half 2027 launch is the next dated milestone in the payments operator’s release. Midnight also reported wallet improvements, including Gero Wallet’s support for shielded balances and sponsored transaction fees.

📣 Cardano’s Hoskinson challenges Vitalik over AI threats to crypto

⚠️ Cardano founder Charles Hoskinson has challenged Ethereum co-founder Vitalik Buterin over his warning that advances in artificial intelligence could weaken quantum-resistant cryptography, arguing that existing security standards already account for decades of mathematical attacks. Hoskinson responded on October 9 to Buterin’s concerns about lattice-based cryptography, which is used in several modern security systems. He argued that the Ethereum founder had not identified a credible new attack that would justify abandoning those methods or substantially increasing cryptographic key sizes. The disagreement follows Buterin’s warning that AI could uncover mathematical shortcuts that researchers have not discovered through conventional methods.

🔔 He identified lattice-based cryptography as a particular concern, arguing that increasingly capable AI systems might discover more efficient ways to solve mathematical problems used to protect digital information. In his view, advances in automated mathematical research could compress decades of discoveries into a much shorter period. Such progress could force developers to reconsider the security of existing algorithms.

📊 Buterin compared the possible development to advances in integer factorization, where researchers discovered methods that made certain calculations much easier than earlier estimates suggested. The Ethereum co-founder argued that lattice-based security could experience a similar breakthrough, making some current parameter choices insufficient.

🔖 Australia proposes new crypto exchange rules for 2027

📣 Australia has proposed new rules for cryptocurrency trading and custody platforms on October 15, 2026, with financial regulator ASIC seeking public feedback by November 27 before the country’s digital asset licensing framework takes effect in April 2027.

📊 The Australian Securities and Investments Commission (ASIC) announced the consultation alongside Consultation Paper 392, which outlines planned requirements for customer asset protection, trading practices and financial resources. The regulator expects to publish final guidance in March 2027, giving businesses time to prepare for the new licensing requirements. Australia’s upcoming rules will bring more cryptocurrency businesses under the country’s existing financial services licensing framework.

⚡️ The Corporations Amendment (Digital Assets Framework) Act 2026 creates two regulated categories: digital asset platforms and tokenized custody platforms. Digital asset platforms hold digital tokens for customers and provide related services, while tokenized custody platforms use digital tokens to record customers’ rights to underlying assets.

⚠️ Tether leads $15M funding for Mural to power AI agent payments

👀 Tether has led a $15 million Series A funding round for New York-based Mural, supporting the financial technology company’s development of payment infrastructure for businesses and artificial intelligence agents. Mural plans to use the investment to expand internationally and develop the banking, payment and compliance services needed for software agents to conduct financial transactions.

🔔 Founded in 2022 by former Palantir engineers Sinclair Toffa and Chris Fernandes, the company provides infrastructure that businesses use to manage accounts, payment instructions, identity verification and regulatory requirements across banking networks and blockchains. Its customers include global payroll provider Deel, browser developer Opera and financial technology platform Axexo. Through Mural’s system, businesses can offer accounts holding dollars, local currencies and stablecoins without managing separate financial infrastructure for each payment method.

📌 The company reported processing $2.1 billion in payments for users across 128 countries since introducing its application programming interface in 2025. Payment volume recorded so far in 2026 is nearly six times its total for 2025. Mural has not disclosed the valuation attached to the latest funding round. Fortune reported that the company previously raised $5 million in seed financing in 2022, followed by additional capital from existing backers.