Bitcoin (BTC) has slipped below a key technical indicator as the global financial market reacts to declining U.S. bond yields. The world’s largest cryptocurrency is now trading around $108,500, marking a 1.8% decline in the past 24 hours. Traders are keeping a close eye on the 200-day simple moving average (SMA)—a level widely seen as…
As of October 17, 2025, at 00:10 AM (UTC), according to Binance market data, Ethereum (ETH) is trading at $3,901, holding above the $3,900 mark despite a 2.01% decline in the past 24 hours. The small correction comes after ETH displayed strong momentum earlier this week, briefly testing higher resistance levels. Analysts say the pullback…
Binance has launched a $400 million rescue plan to help stabilize the crypto market and rebuild investor confidence. The initiative includes a strong relief and liquidity campaign aimed at supporting both retail and institutional investors after recent heavy sell-offs. Through this move, Binance hopes to restore trust and bring much-needed stability to the digital asset…
After one of the biggest liquidation waves in recent times, triggered by last week’s sharp deleveraging across crypto derivatives, research firm K33 says the market is now moving into a healthier phase. In its latest report, Vetle Lunde, Head of Research at K33, said that while investors should remain patient, the recent reset is actually…
The sell-off began quietly, with Bitcoin hovering around $122,000 late on October 9. Within hours, sudden sell pressure hit major exchanges, triggering a cascade of automatic liquidations on overleveraged futures positions. As long positions started closing, prices fell faster, forcing more liquidations in a classic domino effect. By early October 10, the move had spread…
Bitcoin was trading around $111,925 at press time, down approximately 1.3% over the past 24 hours, as escalating tensions between the U.S. and China dampened investor sentiment and prompted traders to reduce their leverage. Despite the price dip, trading activity has increased. According to CoinGlass, Bitcoin’s 24-hour spot trading volume jumped 35% to $90 billion,…
A new legal defense initiative, supported by the Ethereum Foundation and the Keyring network, is raising funds for Tornado Cash developers Roman Storm and Alexey Pertsev. The effort aims to “pioneer open-source legal defense funding,” ensuring privacy-focused developers receive fair legal representation. Launched on Thursday, the initiative had already raised over $22,000 by Friday morning,…
The total value of Bitcoin held by U.S. corporations has reached an estimated $115.2 billion, according to data from BitcoinTreasuries. This milestone highlights the growing influence of corporate treasuries in the Bitcoin market, with these firms collectively controlling a significant share of the cryptocurrency’s circulating supply. Leading the charge is MicroStrategy, with holdings valued at…
Abu Dhabi Airports is stepping into the future of digital finance. On Friday, October 10, the company announced a strategic partnership with Al Hail Holding and leading fintech firm Xare to launch a digital wallet pilot program at Zayed International Airport, the main gateway to the UAE capital. This innovative initiative will allow inbound travelers…
Record 2.44M ETH Worth $10B in Validator Exit Queue with 42-Day Wait as Institutional Holdings Hit 12.47M ETH, and ETF Inflows Reach $621.4 in October A record $10 billion worth of Ethereum (2.44 million ETH) is currently stuck in the validator exit queue, as stakers rush to withdraw their funds—raising concerns about a possible ETH…