Bitcoin rebounds after falling below $81,000
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Bitcoin bounced after a drop below $81,000 cleared leveraged longs, with Brent crude near $105 a barrel. Traders now mark $83,000 as the level bulls need to reclaim.
Bitcoin bounced after a drop below $81,000 cleared leveraged longs, with Brent crude near $105 a barrel. Traders now mark $83,000 as the level bulls need to reclaim.
ZEC lost a key support zone and kept falling, leaving traders watching the next support area. One buyer is adding to a position down toward $1,000.
Bitcoin regained $81,000 after Trump ruled out attacks on Iran before the November 3 midterms, though it remained down 1.9% over 24 hours. CENTCOM says the Strait of Hormuz remains open.
U.S.-linked wallets reportedly moved over $1 billion in Bitfinex-seized Bitcoin to an unknown wallet, with other transfers going toward Coinbase Prime. Coinbase also holds government coins, so deposits do not confirm sales.
ENA, ZEC and UNI have struggled to attract bids when Bitcoin rises, according to one market analyst. Other traders say altcoin pairs against Bitcoin still hold their uptrends, leaving the weakness uneven.
Solana's Mert says AI's math gains do not mean wallet cryptography is about to break. He says leading chains have ways to respond if such a threat emerges.
OpenAI's September-end annualized revenue was roughly $50 billion, below a $70 billion baseline built by investors and media that the company had not confirmed. The gap added pressure to Bitcoin, though traders dispute whether the figures were new.
Cambria's Founding Charters sold out, adding a reported $570,000 to the Crown Treasury for the Genesis economy.
Hunter Biden says a forensic report found two market makers extracted about $2.87 million during LAPTOP’s September launch crash, when the token fell about 98%. He denies a rug pull and says the team sold no tokens.
NEAR is up 134% in a month and has passed XLM into the top 20 cryptocurrencies by market cap. Traders still see an uptrend, but one flags a possible failed breakout.
MOO is scheduled to launch on Pons at 16:00 UTC on October 8, paired with cbBTC, Coinbase's wrapped Bitcoin. A casino game and cartoon series are also planned.
TxFlow announced Points Season 1 and says it will reward traders who used the platform before the season. Points are expected to go live within about a week.
An attacker drained two Frogmanhaha wallets of roughly $4 million and swapped the stolen assets for ETH, BNB and SOL. Funds moved through Privacy Cash, and the cause of the compromise remains unknown.
Bitcoin fell below $81,000 on Oct. 8 despite expectations of an October Fed hold. Jobless claims came in at 197,000 versus 200,000 expected, reinforcing the year-end hike risk flagged in September's Fed minutes.
OKX unveiled a tokenized stock trading venue with ICE, the NYSE's parent company. The proposed venue would run on X Layer under the SEC's five-year innovation exemption.
Tom Lee says BitMine will stop buying ETH at 5% of circulating supply. It holds 6,016,414 ETH, roughly 4.9%, and needs about 100,000 more ETH to reach the cap.
The Cardano Foundation says it spun out identity firm Veridian with its shares tokenized on Cardano using CIP-0113. The live framework lets issuers enforce transfer restrictions, freezes and forced transfers onchain.
PUMP is nearing its 2025 all-time high, with traders flagging relative strength during the broader pullback. A break above that high would put it into price discovery.
Pump.fun now lets new tokens pair with any eligible coin launched on the platform. Buys route through the paired coin, adding demand for it without stacking swap fees.
ThinkingBitmex says Machi's ETH longs were liquidated, wiping out about $10 million he had recovered. Another tracker put his remaining account equity at roughly $800,000 after an $11 million loss over three days.
Citrini put Derive first in its crypto investment basket tied to agentic AI. DRV rose despite the broader market selloff.
Securitize launched 12 tokenized U.S. stocks on Solana with USDC settlement for eligible investors. Tokens are backed one-for-one by shares and preserve dividends and applicable voting rights; trading starts with extended hours, with 24/7 access planned.
A PONS trader says declining volume on Robinhood is weakening the trade and needs a catalyst. Robinhood Chain's DEX activity has cooled from September's peak.
Glassnode says existing holders are driving Bitcoin’s rally as new money from ETFs, stablecoins and treasuries declines. Bitcoin’s realized cap keeps rising despite those weaker inflows.
Papertrade predeposits reached $5 million after opening on October 8. Trading is scheduled to start on October 10.