Bitcoin price corrected losses and traded above the $114,000 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $113,500 resistance level. The price is trading below $116,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at
Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank digital currency (CBDC), backed by treasury bonds and accessible via mobile devices. Built on GSN’s blockchain, the project will digitize key sectors like agriculture, mining, and energy,
A huge crypto derivatives speculator that recently made $192 million betting on the crypto market with a curiously timed short has opened up more bearish positions. The whale trader (0xb317) on the Hyperliquid decentralized derivatives exchange has opened a $163 million leveraged perpetual contract to short Bitcoin (BTC) on Sunday. The 10x leveraged position is
The Bitcoin price has climbed 2.87% in the past 24 hours to $115,063, signaling an early rebound from the recent crash triggered by the US–China tariff shock. Analyst Ted Pillows compared the current correction to March 2020, suggesting such deep drawdowns typically occur before a strong reversal, not at market tops. Meanwhile, the broader market
Cryptocurrency investment products held steady amid last Friday’s massive flash crash, recording strong inflows over the past week. Crypto exchange-traded products (ETPs) recorded $3.17 billion in inflows last week despite the market correction caused by fresh China tariff threats from US President Donald Trump, CoinShares reported on Monday. “Friday saw little reaction with a paltry
America’s federal government has entered its third week of shutdown, leaving as many as 16 exchange-traded funds (ETF) awaiting approval should the shutdown continue into November. Most of the US government came to a standstill on Oct. 1 when the Republicans and Democrats failed to reach a funding agreement. This has caused agencies, including the
Larry Fink, the CEO of BlackRock, the largest asset manager in the world with assets under management (AUM) of 12 trillion, illustrated in a televised interview on 60 Minutes on October 12, 2025 (U.S. time) that he described Bitcoin as being good at diversification. The initial publication of the statement happened at 07:12 UTC on
BlackRock Bitcoin ETF (IBIT) has once again proven its dominance in the crypto investment space. According to data from SoSoValue, IBIT recorded a massive $2.63 billion in net inflows between October 6 and October 10. This marks the highest inflow among all spot Bitcoin ETFs for the week. 吴说获悉，根据 SoSoValue 数据，上周交易日（美东时间 10 月 6 日至
In a recent 60 Minutes interview BlackRock CEO Larry Fink shared his thoughts on cryptocurrency. He said crypto has a role similar to gold, acting as an alternative asset for investors, reports Ash Crypto via X. Fink stressed that crypto is not meant to replace money but can serve as a store of value outside
As per one of the reports made by the RBC, the Central Bank of Russia is evaluating a project of tokenising shares of local firms so that foreign investors could purchase them via foreign digital marketplaces. 吴说获悉，据 RBC，俄罗斯央行正在评估将本国公司股票进行代币化，以便外国投资者可在海外市场购买。央行第一副行长 Chistyukhin 表示该方案“具有可行性”，但执行需依赖外国合作方提供代币化与交易平台支持。https://t.co/OB7bCpE49b — 吴说区块链 (@wublockchain12) October 13, 2025 Russia’s Central Bank Evaluates Stock Tokenization Plan The program