Celsius Estate Sues BitMEX for 6,360 Bitcoin Days Before It Closes
The administrator of Celsius's bankruptcy estate filed in New York on 12 September over March 2020 liquidations, eleven days before BitMEX stops trading.
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Willy Woo's Table Puts India First With 68 Million Bitcoin Owners
An on-chain table published on 1 September puts India ahead of every other country on bitcoin ownership, with 68 million holders and 4.6% of the population. The United States is second at about 50 million. By ownership rate India sits twelfth.
Bitcoin at $1.6T Is 1% of Global Money, a Conference Slide Says
A pie chart from a Bitcoin conference account splits $157 trillion of global money into eight wedges and gives Bitcoin 1% of it. The dollar wedge matches the Fed's July M2 print exactly. The gold wedge does not match the tracker this desk checked.
Bitcoin Holds Near $78,000 as an AI Warning Hits Chip Stocks
Nasdaq 100 futures fell more than 1.5% after a weekend essay argued for slower AI development. Bitcoin traded around $78,200 and 94 of the CoinDesk 100 rose.
Satsuma Leaves London and Returns £30.7M From Its Bitcoin Sale
The UK-listed treasury firm sold all 669.4867 BTC in July for £31.9 million. A court fixed the payout at £30,718,881 and the London listing was cancelled on Monday.
Bitcoin ETFs Post a Fourth Day of Outflows Before the Fed Meets
Four sessions of net redemptions drained the US spot bitcoin funds while ether funds took in $216 million. The weekly totals published since do not agree.
Bitcoin Suisse Cuts Up to Half Its Swiss Staff and Closes Copenhagen
Up to 60 of about 120 Swiss jobs go as software and back-office work moves to Bratislava and a new hub in Vietnam. Consultation closes on 20 September.
Revolut Handed KYC Files and Bitcoin Histories to a Forged Request
An email from a real government domain asked Revolut for customer data and the bank complied. Passports, selfies and full bitcoin transaction histories went out.
Coinbase's Armstrong Calls the Cycle Bottom With Bitcoin Near $78,000
Brian Armstrong told Bloomberg Television on 10 September that bitcoin's cycle low is already in, with the price near $78,000. A viral Instagram post builds a 2022 parallel on top of the call, and its central figure does not hold up.
Metaplanet Cancels 131 Million Shares From Its Executive Option Pool
The Series 10 pool falls from 319.5 million potential shares to 188.2 million, lifting bitcoin per diluted share about 8.8%. Shareholders had asked for more.
Bitcoin at $1.2M Would Match Dollar M2, a Viral Slide Deck Says
An Instagram deck prices the flippening at $214,000 per BTC for the pound and $2.8 million for the yuan. Checked against July and August M2 data and ECB reference rates, four of its six figures come close. The yen slide is the one that does not reconcile.
Bitcoin Rallied After CPI While Fed Hike Odds Climbed Past 85%
US stocks and bitcoin both finished higher on 11 September, the day August CPI landed. Odds of a Fed hike at the following week's meeting climbed past 85% as the rally ran. A viral market post read the session the other way.