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Why Does the Price of Bitcoin Keep Going Up? The Answer Might Surprise You.


Since July, when it briefly dipped below $60,000, Bitcoin (BTC -1.10%) is up a resounding 40%. That’s particularly impressive, given the spate of negative news that has hit the crypto market recently, including Congress’ failure to advance the Clarity Act.

So why, exactly, is the price of Bitcoin soaring? These four factors offer the best explanation.

Bitcoin ETF inflows

The easy answer is “ETF inflows.” Money is once again flowing into Bitcoin ETFs at a prodigious rate, and that is helping to push up the price of Bitcoin. The funds actually buy and hold coins, so there’s real substance in this argument.

Image source: Getty Images.

The reversal since July has been particularly striking. In mid-July, Bitcoin ETFs were facing net outflows of $5.8 billion for the year. Two months later, that has flipped to a net inflow of $800 million.

But I’m not entirely satisfied with this explanation, because the cause-and-effect order is unclear. Is the price of Bitcoin going up because ETF inflows are increasing? Or are ETF inflows increasing because the price of Bitcoin is going up?

Bitcoin as digital gold

Another possible explanation is the return of the “digital gold” investment thesis. Some investors view Bitcoin as a potential hedge against inflation and geopolitical instability, just like physical gold.

As a result, the correlation between Bitcoin and gold recently hit a six-year high. At a time of macroeconomic uncertainty and geopolitical tension, it makes sense that investors are looking for safe-haven assets. That could be persuading investors to embrace Bitcoin.

But, again, this explanation is not entirely satisfying. For much of the year, Bitcoin was behaving like a high-beta tech stock. How is it possible that it can behave like a risky asset for half of the year, and like gold for the other half of the year?

Bitcoin Stock Quote

Today’s Change

(-1.10%) $-928.10

Current Price

$83,810.00

Bond market feedback loop

Finally, another possible explanation involves a potential link between recent buybacks of long-term U.S. Treasury debt and the price of Bitcoin. This suggests a feedback loop between the bond market and the crypto market.

Replacing longer-term Treasury debt with shorter-term, lower-cost debt will lower interest rates and reduce the cost of borrowing for the U.S. government. These lower interest rates should also make risky assets such as Bitcoin more appealing, especially to investors seeking higher returns.

But didn’t the Federal Reserve just announce plans to hike interest rates? Aren’t bond yields rising? So again, this explanation by itself doesn’t look complete.

Bitcoin as the future of money

Based on what’s happening in the Middle East right now, the dollar-based global economic system appears to be coming apart at the seams. As a result, hedge fund managers continue to talk about a potential replacement of the dollar as the world’s reserve currency.

And that is where Bitcoin enters the conversation. Ultimately, Bitcoin is not just a digital currency. It is also a financial innovation powered by blockchain technology.

As such, Bitcoin could be the future of money, which helps explain why it continues to soar in value, even without an obvious catalyst.

When Raising Prices Is Better Than Cutting Quality


When faced with cost increases, managers may need to make tough decisions. Generally, there are three options that managers can consider in these situations. One option is to maintain current prices, meaning the firm absorbs the higher costs and settles for lower margins. A second option is to raise prices, passing increased costs to consumers to maintain profit margins. A third option involves indirectly raising prices by reducing what consumers get for the same price.



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Best High-Yield Savings Rates for September 28, 2026: Up to 4.25%


High-yield savings account rates have started to rise slightly, even at large banks, in the wake of the Federal Reserve rate increase last week.

As of September 28, 2026, some online banks are still offering interest rates up to 4.25% APY. This is still much better than the average of 0.37% APY, according to the FDIC.

Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand today — and what you should know before moving your money.

💰 Today’s Best Savings Rates At a Glance

Here are the best bank and credit union savings accounts rates today:

Bank or Credit Union

Top APY

Balance Requirement

NexBank

4.25%

$1

CIT Bank

4.10%

$2,500

Always.bank

4.10%

$0

Pibank

4.10%

$0

FVCbank

4.01%

$500

1. NexBank – NexBank is the largest privately held bank in Texas and currently is offering up to 4.25% APY in partnership with Raisin. It also currently has a rate lock for 6 months guaranteed! They’re also offering up to a $1,000 bonus for new deposits. 

2. CIT Bank – CIT Platinum Savings a two-tiered savings account. 

Open an account with promo code CITBoost and you’ll earn 4.10% APY* on balances of $5,000 or more for the first six months*.

After 6 months, you’ll return to the regular rate of 3.75% APY* with a $5,000 minimum balance. Otherwise you’ll earn 0.25% APY. See website for full details. Read our full CIT Bank review.

3. Always.bank – Always.bank is the digital banking arm of 22nd State Banking Company, they’re currently offering a competitive 4.10% APY with no minimum balance requirements.

4. PiBank – PiBank is the online brand of Intercredit Bank, N.A and offers 4.10% APY with no monthly maintenance fees and no minimum balance requirements. However, lots of consumers complain about only being allow to withdraw via wire transfer. Read our full Pibank review.

5. FVCbank Advantage Direct Savings – FVCbank offers the Advantage Direct Savings Account and currently pays 4.01% APY with no monthly maintenance fees and just $500 minimum balance to open, and you must maintain a balance of $0.01 to earn stated APY. Read our full FVCbank review.

You can find a full list of the best high yield savings accounts here >>

How High Yield Savings Accounts Work And Why Rates Matter?

High-yield savings accounts function just like traditional savings accounts, but they pay a much higher annual percentage yield (APY) — often 10 to 15 times more. You can see how these rates compare to the savings rates at the 10 largest banks in America – and these rates put them to shame.

“We’re starting to see more and more major banks raise their savings rates.” – Robert Farrington

The banks and credit unions on this list typically always have above-average rates, so even if the Federal Reserve lowers rates and these accounts lower their rates, you’ll still be head. 

For example, a $10,000 balance earning 4.00% APY will generate about $400 in interest per year, compared with less than $20 at a big-bank rate of 0.20%. That gap makes it worth tracking rate changes regularly and switching institutions if your current bank stops staying competitive.

However, we expect more rates to dip below that 4.00% level in the coming weeks.

What To Know Before Opening An Account

Before opening a new account, review the key details that determine how much you’ll earn — and how easily you can access your funds.

  • Watch For Intro Or Promo Rates: APYs can rise or fall at any time. But a strong introductory rate doesn’t guarantee long-term performance. None of the rates listed here are introductory, but some referral codes may only be temporary rates.
  • Transfer Limits: Federal rules no longer cap savings withdrawals at six per month, but many banks still impose limits.
  • Safety: Confirm that the institution is FDIC- or NCUA-insured, which protects up to $250,000 per depositor, per bank or credit union.
  • Access: Many top-yield accounts are online-only. Make sure you can deposit via mobile app and link external accounts for easy transfers.

These details help you separate truly high-performing savings options from accounts that look appealing but may include hidden limitations or slower rate adjustments.

How We Track And Verify Rates

At The College Investor, our goal is to help you make smart, confident decisions about your money. To create this list, our editorial team reviews savings account rates daily across more than 50 banks, credit unions, and fintechs. We verify data using each institution’s official website, rate disclosures, and regulatory filings.

Only accounts available to U.S. consumers and insured by the FDIC or NCUA are included.

Our coverage is independent and editorially driven – we never rank accounts based on compensation. While we may earn a referral fee when you open an account through certain links, this does not influence our recommendations or reviews. Our opinions are our own, based on a consistent evaluation of usability, fees, yields, and customer experience.

FAQs

How often do savings account rates change?

Banks can adjust rates daily or weekly based on market conditions.

Are online banks safe?

Yes — as long as they’re FDIC-insured. Verify coverage on the FDIC’s BankFind site.

Is interest on savings accounts taxable?

Yes. You’ll receive a 1099-INT if you earn $10 or more in interest.

Should I move my money if rates drop?

It depends on the difference in APY and your transfer limits, and frequent rate chasing can reduce returns if transfers take time.

Disclosures

CIT Bank

For complete list of account details and fees, see our
Personal Account disclosures.

* Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.

* Platinum Savings APY Boost Promotion Terms and Conditions

This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria.

Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate.

The Promotion begins on February 13, 2026, and ends October 31, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions.

The promotion can end at any time without notice. 

Editor: Colin Graves

Reviewed by: Richelle Hawley

The post Best High-Yield Savings Rates for September 28, 2026: Up to 4.25% appeared first on The College Investor.

FCA Secures Money Back For Victims Of Crypto Fraud


At a hearing at Southwark Crown Court on 28 September 2026, Raymondip Bedi was ordered to pay £603,404.28 and Patrick Mavanga £247,997.99.

Between February 2017 and June 2019, Bedi and Mavanga operated a fraudulent investment scheme, cold-calling consumers and persuading them to invest in fake cryptoasset opportunities through companies including CCX Capital and Astaria Group LLP. At least 65 investors were defrauded and lost £1,541,799.

The FCA has identified and contacted victims of the fraud and will ensure that funds recovered through the confiscation process are returned to victims.

In July 2025, following an FCA prosecution, Raymondip Bedi was sentenced to 5 years and 4 months’ imprisonment and Patrick Mavanga was sentenced to 6 years and 6 months’ imprisonment for their roles in the scheme.

Steve Smart, joint executive director of enforcement and market oversight at the FCA, said:

‘Bedi and Mavanga defrauded investors and left them out of pocket. These orders bring victims a step closer to getting money back.

‘We’ll keep coming after fraudsters and holding them to account.’

Notes to editors

  1. Raymondip Bedi’s date of birth is 9 October 1989.
  2. Patrick Mavanga’s date of birth is 24 November 1984.
  3. FCA secures convictions against two individuals for £1.5m fraud.
  4. Two individuals sentenced to a combined 12 years for £1.5m crypto fraud.
  5. Confiscation orders are made under the Proceeds of Crime Act 2002 and require offenders to repay the benefit they gained from criminal conduct or the value of their available assets, whichever is lower.
  6. If the defendants fail to pay the confiscation orders within 3 months, Bedi will face up to an additional 5 years in prison and Mavanga could face up to 2 years.
  7. The FCA has previously sought to contact affected investors. Anyone who believes they may have been affected and has not heard from the FCA should contact the FCA’s Consumer Helpline.
  8. Fighting financial crime is a priority in the FCA’s 5 year strategy.
  9. The FCA enables a fair and thriving financial services market for the good of consumers and the economy. Find out more information about the FCA.



The Best Way to Sell a Product Is to Make It Easy to Understand


Opinions expressed by Entrepreneur contributors are their own.

Key Takeaways

  • Education is not separate from selling, especially in a specialized industry. It is a necessary part of helping customers make a useful comparison and decide on a product.
  • Businesses naturally want to emphasize what their products can do. The harder, and often more important, conversation is explaining what they cannot do.
  • Customer education can’t belong only to the marketing department or sales team. It’s everyone’s responsibility to make sure customers can see the company’s expertise in action.

Some businesses sell products that customers already understand. Others have to explain the category before they can explain why their company is the right choice.

I operate in one of those industries. Most people have seen window film, but many do not know how solar control window film differs from decorative film, privacy film or security window film. They may also associate window tinting only with cars, rather than home window tinting or commercial window film for buildings. Before customers can evaluate a proposal, they first need to understand what the product can do and can’t do and which option fits the problem they are trying to solve.

This challenge is not unique to the window film business. Technology companies, financial services firms, healthcare providers, specialty contractors and many other businesses offer products or services that are difficult to evaluate from the outside. In these industries, customers are often being asked to make a significant decision without having the technical knowledge that the seller uses every day.

That knowledge gap can create hesitation. It can also tempt a business to sell more aggressively. In my experience, pressure does not resolve confusion — clear education does.

Confusion changes how customers evaluate value

When customers do not understand the differences between their options, price often becomes the easiest way to compare them. Two proposals may appear similar even when the products, installation requirements or expected outcomes are very different. If no one explains those differences clearly, the customer may reasonably assume that the lowest price represents the best value.

This is why education is not separate from selling in a specialized industry. It is a necessary part of helping customers make a useful comparison.

The conversation should begin with the customer’s problem, not the company’s product catalog. A homeowner may be dealing with rooms that become uncomfortably hot in the afternoon. A property manager may want to reduce glare in an office, improve privacy in a conference room or add another layer of protection to existing glass. Those customers are not initially looking for a lesson on film construction. They want to know whether their problem can be solved.

Once the goal is clear, the business can explain the available options in terms that connect directly to that outcome. Technical knowledge still matters, but it becomes valuable to the customer only when it is translated into relevance.

Leaders in any industry can apply the same approach. Listen for what the customer wants to change or improve, then explain the solution through that lens. A buyer does not need to understand every technical detail, but they should understand why a recommendation makes sense for their situation.

Honest limitations are part of good education

Businesses naturally want to emphasize what their products can do. The harder, and often more important, conversation is explaining what they cannot do.

In specialized industries, broad terminology can create expectations that a product or service was never designed to meet. For example, customers exploring safety and security window film need a clear explanation of how the system is intended to perform and why no responsible company should make guarantees that the product can’t support. 

Every technical business has its own version of this issue. Software has implementation limits. Financial products involve risk. Construction projects can reveal hidden conditions. Healthcare services do not produce identical outcomes for every person. Avoiding these realities may make an early sales conversation easier, but it often creates disappointment later.

Trust grows when a company is willing to say that a solution is not right for a particular situation. That honesty may cost a transaction, but it protects the customer relationship and the company’s reputation. It also helps the right customers move forward with realistic expectations.

Education should therefore include tradeoffs, not just benefits. Customers should understand why one option costs more, what they gain from it and when the added expense may not be necessary. Recommending the right solution instead of the most expensive one shows that the company is focused on the outcome, not simply the size of the sale.

The people delivering the work complete the lesson

Customer education cannot belong only to the marketing department or sales team. In a service business, the employees performing the work often have the greatest credibility because customers can see their expertise in action.

Our installers are the final and most important impression customers receive from our company. They may answer questions about care, appearance, and what to expect after installation. Their technical ability is critical, but so is their ability to communicate clearly and without unnecessary jargon. A strong installation paired with a dismissive interaction can still weaken the customer’s overall experience.

This is true well beyond the window film industry. Technicians, consultants, healthcare professionals, delivery teams and other frontline employees frequently become the most trusted representatives of a company. Their communication can either reinforce what the customer was promised or create doubt at the moment the business should be building confidence.

Leaders should teach employees the reasoning behind common questions and know when to involve an expert instead of relying on scripts. Frontline employees also know where customers get confused, so their feedback should guide training materials. 

Clarity creates confidence

Some entrepreneurs worry that educating customers will make the sales process longer. Poor education can certainly overwhelm buyers with information they don’t need. However, good education does the opposite. It answers the questions preventing a decision and helps customers understand whether the solution is right for them.

The goal is not to turn every buyer into an expert. It is to replace uncertainty with enough clarity for the customer to make a confident choice.

In technical service businesses, that confidence depends on both the product and the people delivering it. A customer may begin by searching for residential window tinting, commercial window film or a way to reduce heat, but what they ultimately need is confidence that they understand the recommendation and can trust the team carrying it out.

When customers are confused, clarity is the answer. The companies that teach well do more than close sales. They create stronger relationships with customers and a reputation that competitors can’t copy. 

Key Takeaways

  • Education is not separate from selling, especially in a specialized industry. It is a necessary part of helping customers make a useful comparison and decide on a product.
  • Businesses naturally want to emphasize what their products can do. The harder, and often more important, conversation is explaining what they cannot do.
  • Customer education can’t belong only to the marketing department or sales team. It’s everyone’s responsibility to make sure customers can see the company’s expertise in action.

Some businesses sell products that customers already understand. Others have to explain the category before they can explain why their company is the right choice.

I operate in one of those industries. Most people have seen window film, but many do not know how solar control window film differs from decorative film, privacy film or security window film. They may also associate window tinting only with cars, rather than home window tinting or commercial window film for buildings. Before customers can evaluate a proposal, they first need to understand what the product can do and can’t do and which option fits the problem they are trying to solve.

This challenge is not unique to the window film business. Technology companies, financial services firms, healthcare providers, specialty contractors and many other businesses offer products or services that are difficult to evaluate from the outside. In these industries, customers are often being asked to make a significant decision without having the technical knowledge that the seller uses every day.

How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia



Hi, it’s Preston Fore, in for Allie. Earlier this month, defense tech firm Mach Industries raised $600 million in a Series C extension at a $3.7 billion valuation.

That’s more than double the $1.8 billion valuation Mach reached just three months earlier when it raised its initial $300 million Series C led by Ribbit Capital, Infinite Capital, Bedrock Capital, and Sequoia Capital. But perhaps more striking than the pace of the raises is who’s leading them: Mach, which builds autonomous defense systems, is run by a 22-year-old.

Founder and CEO Ethan Thornton launched Mach in 2023 at 19, after developing an interest in defense as a teenager. Since then, he’s built the company around a willingness to move quickly, take risks, and adapt as its technology and the broader defense industry evolve.

“You’re never going to know everything, especially when you’re starting young, and you shouldn’t expect to,” Thornton told Fortune. “If you wait until you have all the answers, you’ll probably never start.”

By 2024, Mach landed a deal with the Army Applications Laboratory to develop a vertical-takeoff precision cruise missile—and the company’s momentum has only accelerated since.

Today, the Gen Zer is running a company with six weapons programs, a 115,000-square-foot headquarters and manufacturing facility in Huntington Beach, California, and ambitions to build everything from airframes and jet engines to solid rocket motors, energetic systems, and autonomous technologies.

The company’s rapid growth comes amid a broader boom in defense tech. Allie reported earlier this year that a record $19.8 billion was deployed into the sector in the first quarter of 2026 alone. Thornton, however, is betting that Mach can do more than simply ride that wave. After several years spent developing and testing its technology, the company is now shifting its focus toward production. 

“For a company like Mach, private capital lets us take risk earlier. We can build before there’s a massive program behind something, test it, learn from it and change it quickly,” Thornton told Fortune. “And because we think about manufacturing from the beginning, we’re not designing something and figuring out how to produce it years later. We’re building the product and the production capability at the same time.”

Turning teenage military interests into a defense tech unicorn

Thornton’s interest in defense started well before Mach—and before he was old enough to drive a car.

Growing up in a military family in Texas, Thornton increasingly became concerned about China’s rise and what he described as an “impending great power conflict.” By 16, he was already prototyping defense applications on his parents’ property, experimenting with hydrogen-powered weapons using materials sourced from Home Depot and Amazon.

He took that interest to MIT, where he studied aerospace (and even made the football roster) while working with the school’s federally funded defense research center, Lincoln Laboratory. Before finishing his first year, Thornton received a Thiel Fellowship and left MIT to focus full-time on his company.

Mach quickly caught the attention of Silicon Valley. In June 2023, Sequoia Capital led a $5.7 million funding round in Mach—the VC’s first investment in a hardware defense technology company. Stephanie Zhan, a Sequoia partner who led the investment, summed up Thornton’s ambitions at the time:

“Ethan is a force of nature: from his technical depth and genuine obsession with the problem to his bias for action and maturity beyond his years,” Zhan said. “Defense technology is central to our safety and security, and Mach is a step-function advancement to the state of the industry.”

For Thornton, however, the lessons from building Mach so young have been less about having all the answers than about knowing who to surround himself with.

“Find people who are better than you at the things you don’t know, who will challenge you and who believe in what you’re trying to build,” he said.

Thornton’s core advice for other young people with ambitious ideas is similarly straightforward: Don’t be afraid to fail.

“You have to be willing to learn as you go, make mistakes and keep moving. Have conviction in the problem you’re trying to solve, and then surround yourself with people who can help you solve it.”

Preston Fore
X:
@forepreston
Email: preston.fore@fortune.com

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This story was originally featured on Fortune.com

U.S. 30-year yield hits highest since 2004 as bond selloff deepens




Yields on the U.S.’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens.

Affair Exposed On Financial Audit



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Overview of Stock and Bond Returns


Section 1 introduces the core premise of Exponential Wealth: Long-term wealth is created through total return, reinvestment, compounding, and time. It explains why stock and bond returns must be measured as total returns, including dividends, coupons, capital gains, and losses, not as price changes alone.

The section also explains why investors often fail to capture market returns. Inflation, taxes, fees, poor timing, insufficient savings, and behavior can reduce realized outcomes. By linking the Stocks, Bonds, Bills, and Inflation (SBBI) legacy to the new Ibbotson Equity and Bond Indices, Section 1 establishes the foundation for the book’s historical evidence and future return analysis. In short, Section 1 of Exponential Wealth: Centuries of Stock and Bond Returnsteaches readers how to read the rest of the book — not as a celebration of past returns but as a disciplined framework for understanding how wealth is created, measured, and sometimes lost.