The Bureau of Economic Analysis reported September Personal Consumption Expenditures inflation at 2.8% year-over-year, matching forecasts. Core PCE declined to 2.8% from 2.9%, beating expectations of 2.9%. Bitcoin maintained levels around $92,000 following the release, with markets pricing an 86% probability of a Federal Reserve rate cut at the December 9-10 meeting.

The European Commission has proposed granting the European Securities and Markets Authority direct oversight of all crypto asset service providers in the bloc. The proposal would replace the current passporting system with centralized licensing, similar to the U.S. Securities and Exchange Commission's model. Officials say the shift addresses regulatory fragmentation and inconsistent standards across member states.

BlackRock CEO Larry Fink said multiple sovereign wealth funds have been acquiring Bitcoin at price levels including $120,000, $100,000, and the $80,000 range. The purchases represent long-term strategic positions rather than short-term trades, according to Fink. Technical analysis shows Bitcoin remains within an ascending channel with potential upside toward $100,000 if key support levels hold.

Solana Mobile will launch its SKR governance token in January 2026 with a total supply of 10 billion units, allocating 30% to airdrops for Seeker and Saga device holders. The announcement came hours after Ledger researchers disclosed a hardware vulnerability in the MediaTek Dimensity 7300 chip used in Seeker smartphones that could enable private key extraction through physical access. The token will implement 10% initial inflation declining to a 2% terminal rate, with distribution including 25% for growth initiatives and 15% for Solana Mobile.

Ian Krotinsky and Aashiq Dheeraj, former Citadel employees, have raised $17 million for Fin, a stablecoin-based payments platform targeting large-value cross-border transactions. Pantera Capital led the funding round, with participation from Sequoia and Samsung Next, according to Fortune. The startup plans to pilot with import-export businesses next month.

Bitcoin's Bollinger Bandwidth indicator has dropped below 100 for the first time since November 2023, according to macro strategist Gert van Lagen. The previous occurrence preceded a four-month rally in which the cryptocurrency doubled in value. Bitcoin is currently testing resistance near $93,000 as traders monitor for potential breakout momentum.

Gary Gensler, who recently stepped down as SEC Chairman, distinguished Bitcoin from thousands of alternative cryptocurrencies that lack fundamental value. His remarks came as Vanguard reversed its crypto ban, enabling 50 million clients to access spot ETFs and generating $1 billion in trading volume within the first 30 minutes.

Bitcoin traded around $93,000 following the release of September import and export price indexes by the U.S. Bureau of Labor Statistics at 8:30 AM ET. Import and export prices both showed no change for the month, with nonfuel imports up 0.8% year-over-year while fuel imports declined 4.0%. Markets are currently pricing in 88% odds of a Federal Reserve rate cut at the December 9-10 meeting, with subdued inflation pressures potentially supporting dovish policy expectations.

Bitcoin rose 6% to surpass $91,000 after Vanguard restored spot Bitcoin ETF access to its client base of over 50 million accounts. U.S. markets opened with more than $150 million in BTC bids, marking the strongest intraday surge since May 2025, data show. Bloomberg ETF analyst Eric Balchunas suggested the policy reversal could push Bitcoin toward $100,000 as 2026 approaches.