US energy secretary floats faster direct grid access for AI and crypto miners

Crypto analyst CrediBULL Crypto has expressed a positive outlook on Bitcoin's current market structure, likening the ability to interpret high-timeframe setups to having a superpower. This perspective comes amid recent volatility in Bitcoin's price, which has ranged between $106,000 and $111,000. His insights are particularly valuable for investors who may be anxious about short-term fluctuations, suggesting that a deeper understanding of market dynamics can lead to more informed decisions.

A Bitcoin whale, holding 4,000 BTC, has emerged from a 14.3-year dormancy, recently spending 150 tokens. This significant event is noteworthy as it highlights the potential for dormant assets to re-enter the market, which could influence Bitcoin's price and trading dynamics. The awakening of such a large holder may signal renewed interest in Bitcoin and could impact investor sentiment.

Shares of Bitcoin mining companies have seen a significant rise following Jane Street's recent disclosure of its holdings. This development is noteworthy as it highlights growing institutional interest in the cryptocurrency sector, which could lead to further investment and stability in the market. The rally in publicly traded mining stocks reflects a broader trend of increasing confidence in Bitcoin's future.

Shares of Bitcoin mining companies have seen a significant rise following Jane Street's recent disclosure of new holdings. This development is noteworthy as it not only reflects growing investor confidence in the Bitcoin mining sector but also contributes to a months-long rally in publicly traded mining stocks. As more institutional investors like Jane Street enter the market, it could signal a positive trend for the cryptocurrency industry as a whole.

Today's crypto news highlights the latest trends and events affecting Bitcoin prices and the broader blockchain ecosystem. With ongoing developments in DeFi, NFTs, and Web3, it's crucial for investors and enthusiasts to stay informed about regulatory changes and market movements. This information is vital as it helps individuals navigate the rapidly evolving landscape of cryptocurrency.

Bitcoin's price is currently experiencing compression around $112,000, but experts believe this could lead to a significant expansion soon. With favorable technical indicators and the upcoming US macroeconomic events at the end of October, many are speculating that Bitcoin could surge towards $120,000. This potential price movement is crucial as it could attract more investors and further legitimize Bitcoin in the financial market.

Sygnum Bank is making a significant move in the cryptocurrency space by introducing a Bitcoin lending product that utilizes a multisignature custody model. Set to launch in the first half of 2026, this innovative service will allow clients to borrow fiat currency using their Bitcoin as collateral, stored securely in multisignature wallets. This development is important as it not only enhances the utility of Bitcoin but also provides a new avenue for clients to leverage their digital assets, reflecting growing confidence in the cryptocurrency market.

Sygnum Bank is making a significant move in the cryptocurrency space by introducing a Bitcoin lending product that utilizes a multisignature custody model. Set to launch in the first half of 2026, this innovative service will allow clients to borrow fiat currency against their Bitcoin holdings secured in multisignature wallets. This development is important as it not only enhances the accessibility of Bitcoin for everyday transactions but also underscores the growing acceptance of cryptocurrencies in traditional finance.

XRP is currently showing signs of stability, fluctuating between $2.30 and $2.50, which is a positive indicator for investors. A recent analysis by the crypto expert ChartNerd suggests that XRP might be on the verge of a significant breakout, potentially soaring to over $27 in the long term. This insight is crucial as it highlights the potential for substantial gains in the crypto market, especially for those holding XRP, amidst a generally steady market environment.

Shares of Bitcoin mining companies have seen a significant rise following Jane Street's recent disclosure of its holdings. This development is noteworthy as it highlights growing institutional interest in the cryptocurrency sector, which could lead to further investment and stability in the market. The rally in publicly traded mining stocks reflects a broader trend of increasing confidence in Bitcoin's future.

JPMorgan has made a bold prediction that gold prices could potentially double within the next three years, driven by a surge in its use as a hedge against equity market volatility. This insight is significant as it highlights a growing trend among investors looking for stability in uncertain economic times. With gold traditionally seen as a safe haven, this forecast could influence investment strategies and market dynamics, making it a crucial topic for both investors and financial analysts.

Today's crypto news highlights the latest trends and events affecting Bitcoin prices and the broader blockchain ecosystem. With ongoing developments in DeFi, NFTs, and Web3, it's crucial for investors and enthusiasts to stay informed about regulatory changes and market movements. This information is vital as it helps individuals navigate the rapidly evolving landscape of cryptocurrency.

Former President Trump is reportedly set to nominate Michael Selig, known for his pro-crypto stance, as the new chair of the Commodity Futures Trading Commission (CFTC). This nomination comes after a delay in the CFTC process when Brian Quintenz stepped down. Selig's appointment could signal a more favorable regulatory environment for cryptocurrencies, which is significant for investors and the industry as a whole.

In a surprising development, US President Donald Trump has granted a full pardon to Changpeng 'CZ' Zhao, the founder of Binance, which is the largest cryptocurrency exchange globally. This pardon comes after Zhao's guilty plea regarding anti-money laundering regulations, leading to his resignation as CEO. This significant move not only clears Zhao's name but also signals a potential new chapter for Binance, paving the way for its expansion in Asia and strengthening its position in the stablecoin market.