Bitcoin has fallen nearly 5% this week as weak trading volume and profit-taking blunt attempts to reclaim $85,000. The largest cryptocurrency traded around $83,100 as of press time, extending a retreat that followed Sunday’s brief close above the key level. Bitcoin has since failed to sustain that breakout, slipping beneath newly placed sell orders before
About 100 bitcoin $BTC$82,594.87 mined when the cryptocurrency traded for pennies moved late Wednesday after sitting untouched for more than 16 years, carrying a value of roughly $8.5 million at current prices. The 100.02 $BTC arrived at an address on July 30, 2010, and remained there until a transaction confirmed at 18:52 UTC Wednesday, according
Ethereum researcher Justin Drake has told the crypto industry to start preparing for “bunker mode,” warning that artificial intelligence could find a way to break the mathematics protecting bitcoin and ether wallets in the worst case “in months, not years.” “Today I call upon the blockchain industry to calmly start planning for ‘bunker mode,’” Drake
Bitcoin, the leading cryptocurrency, had been trading sideways for some time, but recent market developments increased selling pressure. The price of $BTC fell to levels around $82,000. At this point, activity in US government-linked wallets and tensions around the Strait of Hormuz pushed oil prices above $100, putting pressure on global risk appetite and increasing
An Aster trader holds a 20x $XRP short worth about $2.52 million alongside leveraged $BTC, $ETH, $SOL and $DOGE shorts, with all trades reportedly in profit. A large trader on Aster has built leveraged short positions across $XRP, Bitcoin, Ethereum, Solana and Dogecoin, with all five trades reportedly sitting in profit. The $XRP position alone
The IMF has launched a new Global Financial Stability Report (GFSR) analysis on the tokenization of financial assets. This report, presented live from the Bank of Korea, examines the requirements for scaling tokenization and the potential benefits and risks involved. The implications of this analysis could significantly shape regulatory approaches to digital assets in the
Franklin Templeton CEO Jenny Johnson has criticized rival tokenized fund models at TOKEN2049 Singapore, arguing that many remain “digital twins” of traditional products instead of using blockchain as the primary recordkeeping layer. Crypto Briefing reported from the Oct. 8 conference that Johnson contrasted Franklin Templeton’s BENJI products with tokenized funds whose ownership records remain in
Kyrgyzstan has officially shut down its USDKG, a state-backed gold stablecoin project worth $50 million. The government has ordered the liquidation of the issuer, EVA, and the country’s first state-owned crypto exchange, Coin Nomad. This closure follows UK sanctions imposed on EVA in May 2026, which alleged its support for Russia, raising concerns about the
Chainlink’s co-founder Sergey Nazarov participated in the Aladdin Client Forum hosted by BlackRock, emphasizing the importance of blockchain and stablecoins in enabling AI transactions. The discussion highlighted that for agentic transactions to function effectively, they require trusted data, guardrails, and verifiable execution. This forum marks a significant step in bridging traditional finance with emerging technologies,
AIR and Minds by Animoca Brands are teaming up with stablecoin card company Reap and commerce-infrastructure firm Pivota to let AI agents make purchases for users while proving what those users are entitled to, all without exposing personal details. The first step is a controlled demonstration with a single merchant. The release doesn’t name the