Traders add Bitcoin leverage after inflation surprise
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Bitcoin fell about 2% after US headline inflation hit 3.7%. Traders added over $1 billion in Bitcoin open interest after the CPI release, increasing derivatives exposure.
Bitcoin fell about 2% after US headline inflation hit 3.7%. Traders added over $1 billion in Bitcoin open interest after the CPI release, increasing derivatives exposure.
Bitcoin buyers have defended dips near $81,000, but traders still warn of a possible $80,000 retest. Bitcoin open interest rose by more than $1 billion after CPI, adding leverage around the support zone.
Coinbase's October 13 technical post urges Bitcoin to prepare for quantum-resistant signatures now because network upgrades and wallet migrations can take years. Its proposals include a hybrid signing period, with exposed public keys and lost keys remaining hard cases.
Turkish authorities reportedly detained Hex and PulseChain founder Richard Heart in Istanbul on a Finnish Interpol red notice over alleged aggravated tax fraud. Turkish media say authorities also seized about $4 million in cash and 64 luxury watches.
Standard’s launchpad is live on Robinhood Chain for King of the Markets, with a $1 million prize pool. Deployers can airdrop tokens to charter holders, who must burn their charters to claim those tokens.
Pump.fun is shifting callout rewards from trading volume toward followers’ profits. Bubblemaps alleges five wallets linked to Anglio bought ahead of 61% of his 534 calls over two weeks.
Strive bought another 2,822 BTC for roughly $235 million, bringing its holdings to 35,595 BTC. It also proposed a SATS preferred stock IPO with a 15% dividend to fund more Bitcoin purchases.
A ZEC four-hour close below $1,150 could bring more selling. One trader puts the downside target at September's low near $788.
Machi Big Brother's account is down to about $290,000 after repeated stops erased nearly all of its $12.3 million run-up. He still holds a 3,500 ETH long that faces liquidation near $2,393.
Michael Saylor says Bitcoin is at the beginning of a bull market.
PONS rose 16.6% over 24 hours, with its market cap later cited at $226 million. The token remains roughly 60% below its all-time high from less than a month ago.
The US lifted sanctions on Russian diesel, and Trump says supplies will go to global buyers rather than specifically to the US. US diesel futures rose 4.5% Tuesday despite the deal, leaving its expected inflation and bond-yield relief for Bitcoin uncertain.
Click launched a referral-only beta for its crypto trading terminal. Existing users can invite traders through the Rewards tab or settings, with early testers earning points and supplying feedback before public access.
Ledger asked resellers in six Southeast Asian countries and Hong Kong to pull hardware wallets from shelves during its tampering investigation. Confirmed fund losses involve devices sold by CryptoBilis in Southeast Asia; Ledger has not confirmed losses tied to purchases elsewhere.
XRP treasury company Evernorth closed its October 12 Nasdaq debut at $16.91, down 1.05%, after briefly trading above $19. Its shares trade under XRPN.
A trader puts INJ's gain at 15% since last week's call and says buyers continue to buy dips.
Crypto trader Realist said on October 13 that intruders tied him up and robbed him of about $800,000 in crypto at knifepoint in his UK home.
Traders are hitting Papertrade's BTC and ETH open-interest caps, with long limits blocking new longs but leaving shorts available. Following its pricing exploit, one trader says the new queue and delay system forced them to stop a bot.
Metaplanet completed a ¥19.3 billion buyback of roughly 5.4% of its outstanding shares and finalized terms for ¥52 billion in zero-coupon convertible bonds due 2031. The bond proceeds are earmarked for Bitcoin-backed loan repayments and share buybacks.
AdamHODL says his STONK bids filled after citing a $94 million market cap and $1.1 million in seven-day revenue. StonkFun reported $120,996 in revenue and $73,458 in buybacks for October 13, though the token remains in a downtrend.
Robinhood Chain has reached $100 billion in cumulative DEX volume about 3.5 months after launch.
The White House confirmed that Patrick Witt's assignment as Crypto Council executive director expired. He was its last remaining staffer after Harry Jung and David Sacks left.
Yield Fields deeds were quoted near 0.94 ETH on the secondary market, versus a 0.1 ETH guaranteed whitelist mint. Sellers are undercutting each other on OpenSea after the auction sellout.
PONS revenue has reportedly fallen from a peak of $11.42 million to $103,600, alongside a nearly 70% drop in the token's price.
Kraken parent Payward agreed to buy Lithuania's Saldo Bank, with closing expected in 2027 pending regulatory approval. The deal would add deposits, lending and cards to its European crypto platform.