Bitcoin Rejection Near $87K Triggers Intraday Volatility Bitcoin wiped out early gains on Monday as the cryptocurrency again appeared to face rejection near $87,000 amid unusual volatility for a single 24-hour period. The topsy-turvy price action tempered market excitement sparked by the belief that October, historically a bullish month for bitcoin, will deliver even greater
While Bitcoin maintained its strong position around $86,000 despite the US dollar reaching its highest levels in 18 months, leading macroeconomic figures assessed the possible scenarios for the cryptocurrency market. The program, featuring Michael Howell, Dave Weisberger, and Bloomberg Intelligence senior commodities strategist Mike McGlone, highlighted global liquidity, the monetization of government debt, and Bitcoin’s
During a Legislative Council briefing, Hong Kong’s finance chief laid out a long list of measures to grow the city’s offshore yuan business. Meanwhile, two banks already hold stablecoin issuer permits, and the finance chief made a promise for a virtual asset licensing bill to come later this year. Will Hong Kong lawmakers introduce a
$NEAR co-founder Illia Polosukhin said the network wants to connect tokenized equities directly with liquidity from traditional markets, positioning $NEAR Intents as an aggregation layer between crypto and venues such as Nasdaq. Speaking with Ashton Addison on the Crypto Coin Show, Polosukhin said liquidity remains one of the biggest limitations facing tokenized equities as more
Bitcoin (BTC) is coming off its best third quarter since 2017, but extending the rally may prove more difficult as Treasury yields above 5% offer investors an increasingly attractive alternative to risk assets, according to Delphi Digital. In its latest weekly newsletter, Delphi highlighted Bitcoin’s 43% gain in the third quarter, followed by a third
Coinbase (NASDAQ: COIN) stock price is up today, October 5, after the Bank of America (BofA) raised its target on the shares based on a bullish outlook on the exchange’s stablecoin revenue. Know when yourcoins moveAlerts, real-time prices, and market news — all in one app 4.8 based on 40K reviews in the App Store
Backpack Securities has launched a tokenized version of the iShares MSCI Brazil ETF on Solana through Sunrise, bringing one of the main vehicles for trading Brazilian equities onto crypto rails as investors react sharply to Brazil’s first-round election result. Issued by Backpack Securities, $EWZ is now listed on @Solana with @Sunrise. ▸ Redeemable 1:1 for
The US stock market could face a correction from mid-October through the midterm elections, but crypto and technology stocks may benefit afterwards if Democrats become more supportive of the CLARITY Act and>said. “I think the AI stocks are going to benefit post-midterms because the change in Congress is actually going to sort of greenlight some
Nvidia, Tesla, Apple and Microsoft are among dozens of U.S. stocks that could soon be available to trade 24 hours a day, seven days a week on a new blockchain-based market from crypto exchange OKX and the owner of the New York Stock Exchange. A regulatory filing from OKXICE, a joint venture between OKX and