Crypto Pulse

Fairshake is expanding its political campaign ahead of the 2026 U.S. midterm elections, announcing support for 32 House candidates from both major parties. The move comes weeks after the CLARITY Act, a major crypto market-structure bill, failed to advance in the Senate, pushing the digital asset industry to focus more heavily on the next Congress. 1.Fairshake Builds a Bipartisan House SlateFairshake, one of the largest political organizations backed by the U.S. crypto industry, plans to support

Overview Bitcoin reclaimed the $86,000 level on October 5. According to Yahoo Finance's price report that day, BTC traded near $86,121, up 2.4% on the week and 8.6% over the month, yet still 29.3% lower year over year. The same report confirms bitcoin's record high of $126,198.07, set on October 6, 2025. The price has rebounded hard from its 2026 low and remains roughly a third below its peak. That combination is exactly when the question shifts from where the next target sits to how much downsi

Overview The September services data published by the Institute for Supply Management on October 5 put an uncomfortable combination in front of traders: growth is intact, inflation is hotter, and hiring has nearly stalled. According to the September 2026 ISM Services PMI Report, the headline index came in at 54.9, down from 55.4 in August but still in expansion for a 27th consecutive month. The number forcing a rethink is the Prices Index at 74.0, the highest since July 2022, when it stood at 74

Overview The way markets price the AI supply chain is quietly changing. For two years, the binding constraint was silicon: GPU allocation, advanced packaging capacity, HBM yields. The question now being asked on sell-side desks is narrower and more physical. When does the substation come online, and when does the interconnection permit clear? According to Benzinga, a Morgan Stanley research note published on October 5 estimates that US data centers face a net power shortfall of roughly 32 gigawa

Overview PTC shares jumped more than 33% on October 5 to close at $192.26, and the catalyst had nothing to do with earnings or a product cycle. Schneider Electric, the French energy management and automation group, agreed to buy the Boston-based industrial software maker for $205 a share in cash, an equity value of roughly $22.6 billion. According to Schneider Electric's deal announcement, the offer implies an enterprise value of about $23.7 billion, a 42.3% premium to PTC's last closing price a

Overview The U.S. Securities and Exchange Commission approved a Cboe BZX listing rule change on October 2, clearing the path for the first triple-leveraged crypto exchange-traded products in the United States. According to SEC Release No. 34-106577, six funds were covered, including a 3x Bitcoin ETF and a 3x Ether ETF, alongside triple-leveraged gold, silver, crude oil and natural gas products. It is the first time U.S. regulators have cleared triple leverage on a crypto asset ETF, after years i

Overview Roughly twenty-nine months after the April 2024 halving, Bitcoin has not followed the script that a decade of cycle analysis taught traders to expect. Bitcoin trades near $86,700 according to CoinGecko market data, about 31% below the $126,080 all-time high set in October 2025, with a market capitalization around $1.74 trillion. What has forced a rethink is not the price level but the shape of the move: the top arrived eighteen months after the halving, almost exactly on schedule, yet t

Overview More than two years after US spot bitcoin ETFs began trading, a question that once belonged inside crypto circles has become an ordinary allocation decision: buy the coin, or buy the fund. The two track almost the same price, but what you end up owning is not the same thing at all. The differences concentrate in four places: what it costs to hold, who holds the keys, when you can trade, and what ownership actually entitles you to. BlackRock's iShares Bitcoin Trust charges a 0.25% annual

Overview The Federal Reserve lifted its federal funds target range to 3.75% to 4% on September 16, its first increase since July 2023, and the move revived a question that sits awkwardly at the center of crypto markets. Bitcoin has no cash flows, no issuer and no central bank. So why does a single committee meeting in Washington move it at all? The answer is not in the protocol. It is in how dollars are priced. The federal funds rate sets the cost of short-term dollar money, and that cost travel

Overview Markets gave the same question two opposite answers in 2026. Early in the year Bitcoin traded like a high-beta technology stock, breathing in time with the Nasdaq. By late summer its price path had started to track gold instead. The numbers Grayscale head of research Zach Pandl published on August 27 were blunt: Bitcoin's 90-day correlation with gold had climbed above 50% while its correlation with the Nasdaq 100 fell from above 60% to roughly 33%. Six months earlier the same firm had a