Bitcoin slides from $88,000 to $80,000
- Quant
- Shiller
- Trencher
Bitcoin has fallen from $88,000 to around $80,000. CredibleCrypto is watching for a short-term base and reversal, with a possible move back above $90,000 if Bitcoin holds a higher low.
Bitcoin has fallen from $88,000 to around $80,000. CredibleCrypto is watching for a short-term base and reversal, with a possible move back above $90,000 if Bitcoin holds a higher low.
Bitcoin’s three-month stochastic RSI is approaching a bullish cross from oversold levels. Similar signals in 2015, 2019 and 2022 preceded major rallies, but the current cross has not yet occurred.
Papertrade’s reward rate has fallen from 10,000 PAPER per $100 lost at launch to roughly 1,190 eight days later. Lower emissions and staking yields make trading losses harder to recover through rewards.
Bitcoin ETFs recorded roughly $910 million in net outflows since October 5, including about $228 million in the latest week. Six of the last ten sessions had net withdrawals.
Machi Big Brother sold gold BAYC #197 to Adam Weitsman through GrailsOTC. His liquidation losses reportedly reached $36 million.
Mark Karpelès says he is building a cheap device to detect spy implants in Ledger wallets without opening them. He plans to publish the circuit board designs and specifications so anyone can build it.
After its October 16 rally, INJ could see further gains if it holds support through the weekend.
Nine crypto firms formed the Quantum Alliance to develop post-quantum cryptography standards. They estimate 6.04 million BTC could face quantum attacks if computing power catches up, though no machine can currently crack those keys.
Bitcoin held up on Sunday despite fears of another stock selloff on Monday. Traders are watching the futures open for a possible crypto drop ahead of the US stock session.
BAYC gave ApeFest attendees an exclusive BMW x Mudwater promo card. Collectors are also opening Mudwater packs.
MSCI adopted a rule excluding non-operating companies, and Strategy shares fell about 9.6% in the next session. The final deletion list is due November 11, with JPMorgan estimating roughly $2.8 billion in potential passive outflows.
Nine companies, including CoreWeave and Broadcom, have objected to their shares trading as tokens on OKXICE. Their opt-outs block trading under the SEC exemption at that venue; other venues have separate notice processes.
Papertrade users say congestion and delays in closing positions cause slippage. One trader says a bot removes the manual closing delay but cannot avoid congestion.
PONS is roughly 75% below its all-time high, deepening its earlier reported correction. Some traders still expect it to lead a Robinhood-chain recovery, but a reversal remains unconfirmed.
Farcaster users say choosing “Not now” or “Vote to leave” makes their accounts read-only under Balaji Srinivasan’s new rules. Accepting also lets the core team rewrite the Network Code without another user vote.
U.S. Ethereum ETFs lost $320.1 million over October 12–16, with BlackRock's ETHA accounting for roughly $299 million. Withdrawals exceeded Bitcoin ETFs' $228.4 million, though both saw smaller outflows than the prior week.
Starknet’s non-binding poll on researching an independent, post-quantum L1 has 99.93% support and closes October 22. Approval would start research; leaving Ethereum would require a separate decision.
PAPER premarket perpetuals are live on Hyperliquid through Paragon at an implied valuation of roughly $250 million. A trader estimates hedged minting costs near $0.013 per PAPER against a premarket price near $0.03.
TheFlowHorse says the weekend selloff began with an SNDK seller on Binance, but the recovery stayed in stock-linked contracts. Bitcoin and other crypto lagged ahead of traditional futures reopening.
ZEC is back below $1,100, with chooserich warning that a break below $1,045 could send it toward $888. AltcoinSherpa is interested below $1,000 but wants a base to form.
TxFlow traders expect the first Season 1 points drop on October 18, with Season 0 points still pending. Season 1 allocates 1.25 million points a week to perpetual traders.
Strategy plans daily STRC dividend payments in November at a 12% annualized rate. The change requires shareholder approval on October 28.
Michael Saylor hinted at another Strategy Bitcoin purchase, saying, “We found room for more orange.” An announcement is expected tomorrow morning, with no purchase size disclosed.
Pump.fun reached 95% of the Solana launchpad market for the first time since August, with its latest update putting daily revenue at $1.54 million. It spent $770,000 on PUMP buybacks the previous day, burning 0.017% of total supply.
A wallet moved 248 BTC after 12.9 years of inactivity. The coins were bought for about $88,000 in 2013 and are now worth roughly $20 million.