BTC Drops 3%, Still on Track for Best September Since 2013

September is historically the worst month for the bitcoin price, but it may be about to close its best yet. BTC ended September in the red in eight of the past 11 years. This year, it looks set to close the month up by at least 7%, even with today’s swoon. The bullish month puts bitcoin on a strong footing going into October, which, by contrast, is one of its strongest. Where September has seen an average loss of 3.6% since 2013, October has seen average gains of 23%. Some traders are targeting a run to as high as $70,000 in the coming weeks. A green September has always resulted in bitcoin closing higher in October, November and December.

SEC Chair Gary Gensler Won’t Reveal His View on Trump’s Bitcoin Reserve, Reiterates Bitcoin Isn’t a Security

“Look at the leading lights in this field, in the crypto field just two years ago. A number of them are in jail right now, and I’m not just talking about SBF… there’s been tens of billions of dollars of losses and bankruptcies and so forth,” Gensler said on Thursday. “What innovative field in America survives without having building trust in that field and protecting investors or consumers?”

How a Harris ‘Opportunity Economy’ Will Benefit the Crypto Industry

Harris’s holistic and pragmatic approach to economic reform driven by data and inclusive tent of varied and various viewpoints, will lead to broader national benefits. A thriving middle class is key to sustainable growth, and her plan emphasizes redistributing opportunity by supporting those historically left behind. Her focus on education, workforce training, small business innovation, and the rule of law creates an economy that serves everyone, not just the wealthy elite — a core value of the crypto community. Her commitment to regulatory transparency enhances market stability, crucial for long-term growth. This balanced approach will ensure all Americans benefit from economic prosperity.

The Next Wave of AI Is Mobile

By processing data locally on mobile devices, the industry stands to achieve far lower latency, enhanced privacy, and reduced bandwidth usage. This approach is particularly crucial for real-time applications like autonomous vehicles, augmented reality and personalized AI assistants. The edge is where new AI use cases will take off, especially those for personal usage. Not only will powering these programs become more affordable on the edge, but it will also become more reactive and customizable, a win-win for consumers and researchers alike.

When Trump Bought Red-Meat Bitcoin Burgers, He Called It ‘Crypto’

So it was fortuitous timing for Trump that his campaign scheduled a stop, later in the week, at the Bitcoin-friendly New York City bar, PubKey. According to the bar’s official X account, Trump bought 50 smash burgers and Diet Cokes for people in attendance, at a total cost of $998.77 including tax and tip, and then paid for it all in bitcoin. Fox News posted a video of the entire scene, leading a sharp-eyed reporter from CryptoSlate to quickly point out that Trump’s role mainly consisted of standing by at the counter while handlers actually performed the transaction, passing smartphones back and forth between them. Whatever. The bar crowd cheered. “Crypto burgers!” Trump said as he handed them out. A voice from behind the camera corrected him, “Bitcoin burgers!”

The Galois Capital Settlement Signals a New Era for Digital Asset Custody

In September 2024, Galois Capital, a now defunct crypto hedge fund, settled with the SEC for $225,000 over “custody failures” related to safeguarding clients’ crypto assets. While the amount may seem small, the implications for the Registered Investment Advisor (RIA) community, digital asset industry and custodians are significant.

Former Government Employees, Compliance Officers Rally for Detained Binance Executive

Gary Weinstein, the founder of Infinity Advisory LLC and former state assistant attorney general, said all of the attendees present were in favor of consumer protections and “high-integrity” markets, including Gambaryan. He noted that Gambaryan had been invited by the Nigerian government when he visited in February and was given a “false assurance of safe passage.”

Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO

“The real volume of crypto is tied to countries like the U.S. and others,” Gronager said. “The story we are trying to tell you is more like saying crypto users per capita. So basically, how many people using [crypto] within the country. The adoption is, like, who’s holding crypto for the average people in countries. In the U.S., that’s less than it is, for example, in India.”