U.S. inflation is due at 8:30 a.m. ET. Economists surveyed by Dow Jones estimated September’s consumer price index rose 0.6% month-on-month and 3.6% year-on-year. Core CPI, which excludes volatile food and energy prices, is forecast to increase 0.2% from August and 2.5% annually. The numbers are widely watched for cues on how the Federal Reserve
Bitcoin recovered to $84,000 after briefly falling to $81,000, as buyers defended support ahead of today’s US Consumer Price Index (CPI) report. In the previous 15 CPI releases, Bitcoin traded higher 24 hours later in 12 cases. When inflation came in below expectations, $BTC closed higher the next day in eight out of nine cases.
Whether or not quantum computers will break Bitcoin one day is a hot topic. But what about second-layer solutions like Lightning? Well, researchers from East Texas A&M University, North American University, Florida Gulf Coast University, and Florida Institute of Technology have been working on that. Know when yourcoins moveAlerts, real-time prices, and market news —
Glassnode Flags $77.5K if Bitcoin Loses ETF Cost Basis Bitcoin is testing whether institutional ownership has permanently changed the character of its market. The cryptocurrency has bounced twice from roughly $81,500, a level Glassnode identifies as the aggregate cost basis for U.S. spot bitcoin ETF investors. That matters because $BTC spent much of this year
A whale has reportedly acquired 1,162 Bitcoin valued at approximately $96.77 million through Wintermute. This transaction, highlighted by CryptoTwitter commentator @lookonchain, reflects a significant shift in accumulation behavior among large holders. As Bitcoin’s supply dynamics continue to evolve, such movements could influence market sentiment and future price action. What Happened In the past 12 hours,
Lending platforms are witnessing a significant surge in loans over $10 million against Bitcoin, as highlighted by crypto commentator Ki Young Ju. According to his tweet, $USDT borrowing by users posting more than $10 million in $BTC jumped 83% last month. This trend signals increased market activity and suggests that whales are not anticipating a
Researchers at the Center for Cryptocurrency Research and Engineering (IC3E) from Imperial College London have published major research on post-quantum Bitcoin security. The paper proposes a model that would make Bitcoin transfers private and quantum-proof, all without the need for a soft fork. Bitcoin’s quantum resistance proposals Back in 2018-2020, the group’s research dubbed “Commit-Delay-Reveal”
Bitcoin [$BTC], which recently rallied above the long-standing $85,000 resistance level, is now showing signs of forming a potential October bottom. Though this might be a short-term market noise, the timing is what is making the situation tense. With the U.S. midterm elections approaching, market participants are watching whether the latest correction could mark a
Bitcoin’s six-figure price ambitions are getting a cold reception from prediction markets, where traders are putting real money behind decidedly modest expectations. On Oct. 13, Polymarket participants assigned just a 27% probability to bitcoin reaching $100,000 before 2027, while the odds of touching that milestone before November stood at a paltry 2%. Meanwhile, Kalshi’s October