X filed on September 17 before the High Court of London a complaint against two Britons and several unidentified operators. The platform accuses them of artificially inflating the engagement of six Bitcoin-focused accounts to receive at least 207,384 pounds sterling through its former creator payment program.
Strategy resumes its bitcoin purchases after a two-week pause, acquiring 950 BTC for 75.7 million dollars. The company also repurchases 174 million dollars of its STRC shares. At the same time, Strive buys BTC at almost the same price. And Bitcoin remains tenth in the global asset ranking.
Ethereum rises back above $2,700 with two big buyers leading the way. In five days, two whales have engaged about $106.4 million in ETH. The largest sold 1,107 BTC before buying 34,422 ETH and staking the entire amount. The move comes as Ethereum ETFs recorded about $140 million in outflows for the week ending September 18. In the crypto market, large wallets appear much more aggressive than funds this week.
This Monday, the price of the main crypto approached 86000 dollars, its highest level since the end of January. However, this recovery remains imperfect, as US spot demand has not yet shown strength comparable to that of the price.
The crypto NEAR jumps 78.2% in one week, driven by the rise of NEAR Intents, privacy and cross-chain volumes now close to 30 billion dollars.
BitMine has just acquired 27562 additional Ethers for nearly 75.2 million dollars, bringing its treasury to about 6 million ETH. Thus, the company is approaching its goal of owning 5% of the total supply of the world's second largest crypto.
The crypto market regains height after a week marked by a correction. On Monday, September 21, bitcoin reached $87,374, its best level since the end of January, while billions of dollars flowed back to cryptocurrencies. The total sector capitalization now approaches $3 trillion. After moving from $75,000 to $76,000, the market finds a firmer momentum, with the $90,000 threshold at the center of discussions.
The European Central Bank is preparing its first direct investments in tokenized securities. A small portion of its own funds will be placed in bonds and other euro-denominated securities, mainly issued by eurozone states, public agencies, and European institutions. The amounts and date of the first purchases are not yet fixed. Settlements will go through Pontes, the new infrastructure launched by the Eurosystem on September 21. For institutional crypto finance, the ECB no longer just observes tokenization: it now wants to use it itself.
Binance opened bStocks collateral to all its margin accounts on September 21, lifting the restriction that reserved it for VIP 3 clients and above. The range exceeded 30 billion dollars in cumulative volume in less than 90 days. However, the announcement adds a questionnaire and automatic restrictions for ordinary accounts.
Bitcoin nearly reached $87000 before falling back to around $85000, after a rise largely amplified by the liquidation of short positions. About one billion dollars of leveraged bets were immediately closed in the crypto market.