Draper Associates, the venture firm founded by Tim Draper, has led a strategic funding round in Xverse, the self-custodial Bitcoin wallet, the company said. Trust Machines and Draper Dragon also took part. Terms were not disclosed. Xverse is trying to put lending and yield products around a wallet without taking custody of the coins, the
Bitcoin ($BTC) fluctuated around $86,000 after Monday’s Wall Street open as US bond yields continued to rise. Key points: Bitcoin rejected near its weekly close of $86,570 after the start of the US trading session. US bond yields staged a rebounBitcoin price action continued with smaller moves, with the 2026 yearly open at $87,570 lingering
Chainlink’s co-founder Sergey Nazarov participated in the Sibos 2026 conference alongside BNP Paribas and Deutsche Bank to discuss the rapid adoption of tokenized assets. This involvement underscores Chainlink’s increasing significance in the evolving digital finance landscape, particularly in fostering new use cases that leverage blockchain technology. Such discussions could pave the way for broader institutional
Bitcoin’s price picture on Oct. 5 presents an intriguing contradiction: Price remains above nearly every important medium- and long-term moving average, yet the market keeps running into trouble as it approaches $87,000. At roughly $86,084 on Bitstamp at 8:45 a.m., bulls still command the larger structure after bitcoin’s recovery from $74,913, but softer momentum readings
The G7’s emergency diesel plan has created a near-term test of whether cheaper energy can ease pressure on Bitcoin. Leaders on Oct. 2 agreed to accelerate releases from emergency fuel reserves, including a substantial amount of diesel within 20 days, as governments try to contain shortages and elevated prices that have added to inflation pressures.
The euro fell to its weakest level since May 2025, lifting the dollar while Bitcoin stayed near late-September resistance. EUR/USD DXY $BTC PRICE US 10-YEAR $1.1161 102.37 $86,463 5.26% France Fiscal Stress and Spain Politics Weigh on Euro France remains the larger fiscal concern, with investors increasingly focused on its heavy debt burden and continued
Gold and Bitcoin enter Q4 2026 with different sources of strength. Bitcoin’s rebound has drawn fresh ETF money, while reserve buying supports bullion. High bond yields and the Federal Reserve’s rate path remain the main tests for both assets. Bitcoin gained almost 43% during the third quarter, recovering from a weak first half. Gold’s momentum
Base has announced the launch of 26 new tokenized stocks, allowing users to trade shares of prominent companies directly on its platform. This initiative, highlighted in a tweet by @base, signals a significant step in enhancing user engagement and investment options. As interest in tokenization grows, this move could lead to increased trading activity and
Bitcoin has rebounded nearly 47% from its July low to trade near $86,000, but Binance Research says historical data still does not confirm that the current cycle bottom is in. Binance Research said in its Oct. 5 weekly report that Bitcoin closed at $84,880 on Oct. 1, 46.9% above the $57,800 low recorded on July
Stablecoin interest has moved well ahead of actual use across Asia Pacific, with 46% of surveyed consumers saying they are likely to use the tokens within five years compared with 16% who used them during the past year. Visa said on Oct. 5 that its Consumer 360 study surveyed 14,250 people aged 18 to 65