Belfort, a cryptographic computing development company, has secured $6 million in seed funding led by Vsquared Ventures.

The post Analyst Predicts ‘Uptober’ Rally for BTC Regardless of FOMC Decision appeared on BitcoinEthereumNews.com. Bitcoin traded at $116,236 as of 14:04 UTC on Sept. 17, up about 1% in the past 24 hours, holding above a key level as markets await the Federal Reserve’s policy announcement. Analysts’ comments Dean Crypto Trades noted on X that bitcoin is only about 7% above its post-election local peak, while the S&P 500 has risen 9% and gold has surged 36% during the same period. He said bitcoin has compressed more than those assets, making it likely to lead the next larger move, though it could form a “lower high” before extending further. He added that ether could join in once it breaks $5,000 and enters price discovery. Lark Davis pointed to bitcoin’s history around September FOMC meetings, saying every September decision since 2020 — except during the 2022 bear market — has preceded a strong rally. He stressed that the pattern is less about the Fed’s rate choice itself and more about seasonal dynamics, arguing that bitcoin tends to thrive in this period heading into “Uptober.” CoinDesk Research’s technical analysis According to CoinDesk Research’s technical analysis data model, bitcoin rose about 0.9% during the Sept. 16–17 analysis window, climbing from $115,461 to $116,520. BTC reached a session high of $117,317 at 07:00 UTC on Sept. 17 before consolidating. Following that peak, bitcoin tested the $116,400–$116,600 range multiple times, confirming it as a short-term support zone. In the final hour of the session, between 11:39 and 12:38 UTC, BTC attempted a breakout: prices moved narrowly between $116,351 and $116,376 before spiking to $116,551 at 12:34 on higher volume. This confirmed a consolidation-breakout pattern, though the gains were modest. Overall, bitcoin remains firm above $116,000, with support around $116,400 and resistance near $117,300. Latest 24-hour and one-month chart analysis The latest 24-hour CoinDesk Data chart, ending 14:04 UTC on…

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/

The post New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together appeared on BitcoinEthereumNews.com. Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, arrives for a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Sept. 4, 2025. The Senate Banking Committee’s examination of Stephen Miran’s appointment will provide the first extended look at how prominent Republican senators balance their long-standing support of an independent central bank against loyalty to their party leader. Photographer: Daniel Heuer/Bloomberg via Getty Images Daniel Heuer | Bloomberg | Getty Images Newly-confirmed Federal Reserve Governor Stephen Miran dissented from the central bank’s decision to lower the federal funds rate by a quarter percentage point on Wednesday, choosing instead to call for a half-point cut. Miran, who was confirmed by the Senate to the Fed Board of Governors on Monday, was the sole dissenter in the Federal Open Market Committee’s statement. Governors Michelle Bowman and Christopher Waller, who had dissented at the Fed’s prior meeting in favor of a quarter-point move, were aligned with Fed Chair Jerome Powell and the others besides Miran this time. Miran was selected by Trump back in August to fill the seat that was vacated by former Governor Adriana Kugler after she suddenly announced her resignation without stating a reason for doing so. He has said that he will take an unpaid leave of absence as chair of the White House’s Council of Economic Advisors rather than fully resign from the position. Miran’s place on the board, which will last until Jan. 31, 2026 when Kugler’s term was due to end, has been viewed by critics as a threat from Trump to the Fed’s independence, as the president has nominated three of the seven members. Trump also said in August that he had fired Federal Reserve Board Governor…