| |
|
Bitcoin
|
|
Affairs
|
|
|
|
No. 112 Β· 16 Sept 2026
|
|
|
|
MARKET SNAPSHOT
|
BTC / USD
$75,697
|
|
24H CHANGE
-0.7%
|
|
| |
ALL-TIME HIGH
$124,749
|
|
FROM ATH
-39.3%
|
|
|
|
Coinbase premium turns deeper negative as U.S. Bitcoin demand softens
|
|
Bitcoin's Coinbase premium fell to around -0.07%, its deepest discount in four weeks, signaling softer U.S. spot demand relative to offshore markets. The move came as bitcoin slid toward $75,000 and as yields, oil and regulatory uncertainty kept pressure on risk assets.
|
| On-chain Macro |
|
|
|
CoinShares says AI economics will keep listed miners leaving Bitcoin
|
|
CoinShares said a bitcoin price rebound is unlikely to reverse the shift of listed miners toward AI and high-performance computing. At least 35 EH/s of hashrate is already slated to leave the public-miner cohort, reinforcing that the mining industry's supply side is changing structurally.
|
| Mining |
|
|
|
β‘
|
COMMENTARY
VOICE FROM THE NETWORK
|
|
200 Ways To Make Money With AI
Ready to transform artificial intelligence from a buzzword into your personal revenue generator?
A curated collection of 200+ profitable opportunities spanning content creation, e-commerce, gaming, and emerging digital markets, each vetted for real-world potential
Step-by-step implementation guides designed for beginners, making AI accessible regardless of your technical background
Cutting-edge strategies aligned with current market trends, ensuring your ventures stay ahead of the curve
Download your guide today and unlock a future where artificial intelligence powers your success. Your next income stream is waiting.
π¨BREAKING: The CLARITY Act has FAILED its Senate procedural vote, short of the 60 votes needed to advance.
The setback stalls the crypto market structure bill but leaves open the possibility of another vote.
309 reposts 206 replies 1.5K likes
|
|
BREAKING: Bitcoin drops below $77,000 as the odds of the CLARITY Act passing are quickly falling. https://t.co/KjHdSY3ZSJ
71 reposts 107 replies 789 likes
|
|
ποΈ Senate rejects Clarity Act, triggering the month's biggest STH capitulation
Yesterday, the Clarity Act failed to pass the Senate, with the vote ending 49 in favor and 50 against, short of the 60 votes needed to advance.
All Democrats voted against it, joined by three dissenting Republicans (Collins, Hawley, and Moran), while Thom Tillis, who voted yes, changed to no at the end as part of a procedural motion intended to allow the text to be reconsidered later.
Elizabeth Warren, one of the bill's leading opponents, had urged her colleagues to vote against it just minutes before the vote.
This setback, coming as senators leave Washington in early October until after the midterms, likely pushes any regulatory clarity for the U.S. crypto market back to 2027.
This uncertainty triggered a wave of panic across the markets.
On Bitcoin, this shock particularly triggered panic among STHs.
Their inflows to exchanges rose from 19 400 BTC to 33 100 BTC, with more than 10 000 on Binance alone, still favored for its market depth.
However, it was on Kraken that inflows surged the most, jumping from a normal day of around 2 000 to 3 000 BTC to more than 6 000 yesterday.
On the institutional side, Coinbase Advanced recorded 7 300 BTC, a typical level suggesting the sell-off wave did not reach large institutional wallets.
But what stands out most is that the majority of these BTC were held at a loss.
With 23 200 BTC sent to exchanges at a loss, this STH capitulation event is the largest recorded over the past month.
This regulatory shock highlighted the structural nervousness among STHs, who are capable of deploying large amounts of BTC in a short span of time.
2 reposts 3 replies 39 likes
|
|
It's officially Fed day.
Markets now see a 93% chance that the Fed will announce its first rate hike since July 2023 today.
In data going back to 2008, whenever expectations of a hike have been this high, the Fed has invariably delivered one.
If the Fed decided to leave interest rates unchanged today, it would mark the biggest dovish surprise at a scheduled policy meeting since 1994.
However, it's a particularly unusual time right now.
Fed Chair Warsh was appointed by President Trump just months ago with the expectation that he would CUT rates.
Now, markets expect Warsh's first change to the Fed Funds Rate to be a hike.
We expect a highly eventful day.
Turn on our post notifications at @KobeissiLetter for real time analysis as the Fed decision is announced.
210 reposts 122 replies 2.6K likes
|
|
Last time the Fed did a rate hike, $BTC dropped 18%.
Today, the Fed is expected to hike again.
What'll happen this time? https://t.co/2ai4JJjcMz
45 reposts 154 replies 797 likes
|
|
πΊπΈ TODAY: US House committees are scheduled to take up two crypto bills:
β’ Digital Asset Tax Certainty Act β exempts small transactions from capital gains tax
β’ American Reserve Modernization Act β locks roughly $25 billion in government-held Bitcoin for at least 20 years https://t.co/ntMeayBvHH
123 reposts 62 replies 735 likes
|
|
