Bitcoin awaits critical US CPI data for jump over $120,000 or decline to $100,000
Bitcoin is bracing for the release of the September US Consumer Price Index (CPI) on Oct. 24, the first major data point since the federal shutdown began. Analysts at The Kobeissi Letter emphasized the importance of this update, noting that it
How today’s AWS glitch took down Coinbase, ETH L2s, and half the internet
When Amazon Web Services (AWS) faltered this morning, much of the internet went dark, and crypto was no exception. Several major blockchains and trading platforms, including Coinbase, Robinhood, and some Ethereum layer-2 networks, reported disruptions after AWS suffered an operational failure
$1.2B exits US Bitcoin ETFs just as London makes crypto comeback
The 12 spot Bitcoin exchange-traded products (ETFs) in the United States reversed sharply last week, recording $1.2 billion in net outflows. According to SoSoValue data, this was their second-largest weekly setback since launching in January 2024. The pullback snapped a two-week run
Debanked to rebanked? Redefining financial access in the age of executive orders
When the annals of 21st-century finance are written, there will be a special chapter (messy, political, and deeply consequential) dedicated to the saga of “debanking.” For much of the last three years, anyone working in crypto, from lean web3 startups to
Why the price of gold is rising while Bitcoin is struggling
For years, Bitcoin has been hailed as “digital gold,” a hedge against inflation and policy excess. Yet, as geopolitical tensions rise and trade disputes return to the headlines, the original store of value, gold, is stealing the spotlight. According to TradingView data,
Trade wars and Bitcoin blues: déjà vu as U.S.–China tensions weigh on crypto
Bitcoin is once again caught in the crossfire of a high-stakes geopolitical standoff. This time, the knock-on effects are being felt across every corner of the crypto market. The script is familiar: The return of U.S.–China trade tensions has triggered
Grayscale calls Solana ‘crypto’s financial bazaar’: Does the data back it up?
Grayscale, one of crypto’s largest institutional asset managers, published a research note on Oct. 10 calling Solana (SOL) “crypto’s financial bazaar.” This characterization goes well beyond the usual speed-and-throughput pitch. The report positions SOL as the category leader in users, transactions,
Mt. Gox repayments due Oct. 31: Will a supply wave hit BTC?
Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock ticks down. The Tokyo court extended the
How Ripple’s new $1 billion XRP treasury plans to reshape the token’s future
Ripple appears to be preparing one of its most ambitious experiments through a $1 billion digital-asset treasury (DAT) designed to accumulate and manage XRP as a long-term reserve. According to a Bloomberg report, the initiative would be financed through a Special
Can Bitcoin hold the line as $1.8B in realized profits hits the market?
Bitcoin is showing the kind of fatigue that typically precedes larger directional moves. On Oct. 15, traders locked in $1.8 billion in profit, one of the heaviest cash-out days since the beginning of the summer. Another $430 million in realized losses hit
Bitcoin risks falling under $100,000 as Trump confirms US-China tradewar
The trade war that once rattled global markets has returned, and Bitcoin is part of the battlefield this time. On Oct. 15, President Donald Trump declared that the United States was now in a trade war with China, saying: “We’re in a
Elon Musk: ‘You can’t fake energy.’ Has Bitcoin finally gone green enough for Tesla?
Elon Musk recently revived the “51 % renewables” benchmark, stating that the energy backing Bitcoin “can’t be faked.” The reference is to his earlier promise that Tesla would resume accepting Bitcoin payments once at least half of mining energy came from
Hodl or take profits? Bitcoin bear market cycle started at $126k
No one has a crystal ball, but if Bitcoin continues to behave according to its past cycles, then we’ve most likely already reached the peak. Bitcoin printed an all-time high on Oct. 6, but it failed to extend the move as
Ethereum to onboard 1.4B new users as Chinese AliPay megacorp launches own L2
Ant Group is betting that the next leap in digital finance will not happen in a bank but on Ethereum. On Oct. 14, the Chinese fintech giant behind Alipay’s 1.4 billion-user payment network launched Jovay, a new Layer-2 (L2) blockchain built
US to add $14 billion BTC to Strategic Bitcoin Reserve seized from Chinese scammer
The US government is moving to seize 127,271 Bitcoin worth about $14.2 billion, which investigators say was generated through a cross-border “pig butchering” scam operated by Chinese national Chen Zhi. If completed, the Bitcoin should be added to the U.S.’s Strategic
Is BlackRock’s IBIT flows keeping Bitcoin above $100k?
Bitcoin’s weekend was a classic macro hit-and-run. On Friday, tariff threats toward China knifed through risk assets and shoved BTC through $110,000, with roughly $7 billion in crypto positions liquidated as leverage unwound into a thin tape. By Sunday night and
Can Ethereum secure a nation’s identity? Bhutan is betting on it
Bhutan is rebuilding the core of its digital identity framework on Ethereum. The initiative, confirmed by Ethereum Foundation’s Aya Miyaguchi, is part of the Himalayan kingdom’s wider experiment with emerging technologies. It signals that blockchain, once confined to trading and tokens,
Trump’s tariff on China spurs record $10 billion volume for Bitcoin funds
Crypto-based funds attracted $3.17 billion in new capital, even as markets reeled from tariff-related tensions between the United States and China, according to CoinShares weekly report. On Oct. 10, President Donald Trump announced that the US could raise tariffs in response