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…
While still in early stages, the effort could expand to seek as much as $1 billion in funding. The team behind Donald Trump’s meme coin is reportedly seeking to raise at least $200 million to establish a digital-asset treasury firm aimed at stabilizing the struggling token, Bloomberg reported Wednesday. The initiative is being led by…
Analysts Highlight $1,000 Potential as Solana Prepares for Major Network Upgrade Solana Holds above $200 as Market Anticipates Real-Time Upgrade Solana (SOL) has held firm above the $200 level this week, supported by lower interest rates and a weaker U.S. dollar. These macro trends have helped sustain bullish sentiment and renewed investor focus on Solana’s…
RIPPLE (XRP)—KEY TECHNICAL HIGHLIGHTS After a sharp pullback from the $3.43–$3.66 range, Ripple (XRP) has found stability around a key value area, showing signs of renewed buying interest and accumulation. In the past, XRP has displayed similar consolidation patterns before launching new upward moves. The 200-day moving average (MA)—shown by the red line on the…
Ethereum is still climbing, regaining an important price level as its upward momentum continues. Ethereum’s strong performance continues as the world’s second-largest cryptocurrency pushes higher alongside the broader crypto market. The coin’s recent rally began at the start of “Uptober,” a term traders use to describe October’s traditionally bullish trend in the crypto space. This…