ZEC led losses among major tokens as Brent pushed toward $108 and traders added to bets on another Fed rate increase ahead of this week's inflation and jobs data.
By Shaurya MalwaMake preferred on Share this article21 minutes ago· 8:15 a.m. EDTJames Van StratenShare this postStrategy purchased 1,665 bitcoin for $142.7 million
StrategyMSTR$157.38· bought 1,665 bitcoin for $142.7 million between Sept. 21 and 27, at an average price of $85,681. It now holds 847,666 BTC, acquired for a total of $63.95 billion.
The company also repurchased 1.53 million STRC preferred shares for $151.7 million, funded with proceeds from selling MSTR shares and existing cash.
In total, Strategy raised $246.2 million by selling 1.47 million MSTR shares during the week. As of Sept. 27, the company held $6.02 billion.
Oil gives back some gains, bitcoin edges higher on Iran headlines
Oil remains sharply higher after President Trump continued banging the war drums over the weekend, but it’s giving back some gains after some headlines hit the tape moments ago.
According to a Reuters source, mediators expect to hold separate talks with the U.S and Iran early this week. Said talks will focus on an amended version of the seven-day ceasefire proposal that Iran presented at the UN last week.
WTI crude oil has trimmed a 4% gain to about 3%, trading at $95.15 per barrel. Bitcoin has edged up from its lows, now at $83,300, down 1.8% over the past 24 hours.
21 minutes ago· 8:15 a.m. EDTJames Van StratenShare this postStrive acquired 1,107 bitcoin for $94.5 million
Strive ASST$29.17· acquired 1,107 bitcoin for $94.5 million at an average price of $85,396 per coin, lifting its holdings to 27,462 BTC. Warrant exercises generated another $12.4 million. Including those proceeds, the company’s perpetual preferred SATA accounted for 85% of the capital Strive raised.
ASST is down 1% pre-market on Monday as bitcoin trades above $83,000
Bitget hack launderers are taking orders in public Discord channels, ZachXBT says
Money launderers handling funds from the roughly $388 million Bitget exploit are coordinating in the open, according to onchain investigator ZachXBT.
In a post on X, he said Chinese laundering groups working for the alleged North Korean attackers were "openly asking for support with orders in public Discord servers and Telegram channels" belonging to the services they use. He published handles and transaction records for five of the accounts.
The stolen funds are being hopped across blockchains through bridges, which move assets from one network to another, and deposited into mixers such as Wasabi, a bitcoin wallet that pools users' coins together to hide where they came from, he said.
ZachXBT said he has watched this laundering pattern after several exploits attributed to TraderTraitor, the name U.S. authorities use for a North Korea-linked hacking group. One of the five accounts also laundered funds from the $292 million Kelp DAO exploit earlier this year, he said, and he plans to publish more of his data on the groups in the coming weeks.
CoinDesk separately found that a wallet linked to the attacker swapped about $6.3 million of ether into bitcoin through THORChain on Monday.
47 minutes ago· 7:49 a.m. EDTJames Van StratenShare this postNvidia announces record $150 billion share buyback expansion
Nvidia NVDA$229.19·, the world’s most valuable company with a market cap of nearly $5.5 trillion, has announced a $150 billion increase to its share buyback program, bringing its total remaining authorization to $235 billion, according toa Monday morning press release.
The firm expects to complete the buybacks by the end of its fiscal 2028.
The increase is the largest ever announced by a US company, surpassing Apple’s $110 billion buyback authorization in 2024.
“NVIDIA’s growth is being driven by a once-in-a-generation platform shift to AI and accelerated computing,” said CEO Jensen Huang. “Our cash generation gives us the capacity to invest in the technologies that advance this transformation and return capital to shareholders. This authorization reflects our confidence in the long-term opportunity ahead.”
Nvidia shares were up about 1% in premarket trading as Nasdaq 100 futures sink 1%.
2 hours ago· 6:31 a.m. EDTJames Van StratenShare this postU.S. jobs report looms as Treasury yields climb and the dollar strengthens
A packed week of U.S. economic data comes as Treasury yields push to new highs. The 10-year yield is at 5.230%, while the DXY dollar index is around 101. The releases will test whether the U.S. economy remains strong enough to keep upward pressure on yields.
Friday’s September jobs report is the main event. Nonfarm payrolls are expected to rise by 84,000, down from 162,000 in August, while the unemployment rate is forecast to hold at 4.1%.
Before then, Tuesday’s JOLTS report is expected to show 7.24 million job openings. Wednesday brings August core PCE inflation, forecast to rise 0.3% month over month, alongside the final estimate of second-quarter GDP growth, currently at an annualised 1.5%. On Thursday, the ISM manufacturing PMI is expected at 54.9 and the final S&P Global manufacturing PMI at 57.
2 hours ago· 6:02 a.m. EDTShaurya MalwaShare this postZEC and DOGE lead crypto losses as oil nears $108
Bitcoin traded near $82,600 on Monday, down 2% over 24 hours, CoinDesk data show. ZEC fell 7% to just above $1,540 and DOGE 5% to about 9 cents, while SOL and HYPE each lost more than 4%. Ether, BNB and XRP dropped between 2% and 4%. TRX held flat.
Brent climbed toward $108 a barrel after Tehran refused to soften its demands for reopening the Strait of Hormuz and President Donald Trump sent mixed signals on further talks.
Treasuries fell across the curve, with the five-year yield up seven basis points to 5.06%, as traders added to bets on U.S. rate hikes ahead of Wednesday's reading of PCE, the inflation gauge the Federal Reserve watches most closely. Nasdaq 100 futures dropped 1%, chipmakers led declines in Asia and gold fell by the most in a month.
"Bitcoin's pullback from last week's highs is more likely a risk-off squeeze following a sharp four-day rally, profit-taking, and a $500 million-plus liquidation wave. This clashed with 10-year Treasury yields at their highest since 2007 and still-elevated oil prices, which together keep inflation sticky and another Fed hike in play," Dan Khus, chief analyst at LVRG Research, said in an email to CoinDesk.
"Key events traders are watching this week include Wednesday's PCE and Friday's payrolls, which can push BTC to reclaim the mid-$80,000s or determine whether yields and energy keep risk assets on the backfoot," he added.
