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Bitcoin’s first weekly close above the 50-week moving average in 45 weeks triggered a $300 million short squeeze, lifting MSTR 7%.

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On September 8, Canaan Inc. (NASDAQ:CAN) announced its second quarter FY26 results, which did not inspire confidence. The computing and energy infrastructure innovator posted total revenue of $31.9 million during the quarter. The topline figure went down compared to $100.2 million in Q2 FY25 and $62.7 million posted during the first quarter of 2026. Canaan…

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Cryptocurrency prices and crypto-related stocks fell on Sept. 15 after the US Senate voted 49-50 against advancing the CLARITY Act on a procedural cloture motion. Equities tied to the crypto sector recorded steeper percentage losses than digital assets themselves, with several closing down more than 10%.

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The CLARITY Act failed to advance in the US Senate on Tuesday, September 15, dealing a major setback to the crypto industry’s biggest regulatory push in years.