While the announcement that the US and Chinese leaders will meet on October 30 has somewhat alleviated trade-related market concerns, investors in global markets are now focused on today’s US Consumer Price Index (CPI) data. The continued government shutdown in the US restricts access to critical data released by public institutions and makes it difficult
JPMorgan will allow its institutional clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral in the cryptocurrency space, Bloomberg reported. This move by JPMorgan represents a significant step in integrating cryptocurrencies into traditional financial systems. JPMorgan Takes Huge Step into Bitcoin and Ethereum! JPMorgan Chase & Co. plans to allow its institutional clients to
Bitcoin has not escaped its volatile nature and could still lose as much as half its value under certain circumstances, warns BitMine chair Tom Lee. “I’m sure there will be 50% drawdowns,” Lee said during an interview published on Thursday with crypto entrepreneur Anthony Pompliano. There has been an increasing number of market participants in
Bitcoin BTC$110,970.32 traded above $111,000 on Friday morning in Europe, supported by news of a confirmed meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The two leaders will meet on Oct. 30 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea – the first face-to-face encounter since Trump
Asset management giant VanEck described the recent Bitcoin price drop as a “liquidity-driven mid-cycle correction” in its Bitcoin ChainCheck report published in mid-October. According to the company, strong fundamentals, increasing adoption rate, and on-chain data indicate that the Bitcoin market is maturing. VanEck included the following statements in his report: Bitcoin’s October pullback is a
After months of steady rise to record high, bitcoin’s BTC$111,261.90 pulse has slowed, with BTC changing hands above $111,000 Friday afternoon, Hong Kong time, up 2% over the last week according to CoinDesk market data. The pullback from the recent peak of over $126,000 is marked by momentum faltering below key cost-basis levels, with capital
LUGANO, SWITZERLAND — Swiss digital asset bank Sygnum Bank has teamed up with bitcoin BTC$111,236.69 lending startup Debifi to launch what they say is the first bank-backed loan platform that doesn’t require borrowers to give up full control of their BTC. The offering, dubbed MultiSYG and set to open in the first half of 2026,
BlackRock’s tokenized fund, BUIDL, has completed a one-time transfer of approximately $500 million on the Polygon (MATIC) network. BlackRock’s Tokenized Fund BUIDL Makes $500 Million One-Time Investment in Polygon Network This large-scale transaction marks a new era in BlackRock’s blockchain-based asset management strategy and was officially confirmed by Polygon’s CEO. Polygon CEO stated in a
Moca Network, a decentralized digital identity initiative by Animoca Brands, has launched a verifiable loyalty platform developed with Spree Finance and SK Planet. Decentralizing Identity for Millions of Users Moca Network, the decentralized digital identity initiative by Animoca Brands, has launched AIR Shop, one of the world’s first verifiable loyalty platforms. Developed in collaboration with
In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bitcoin itself. The metal that once symbolized stability is now showing cracks, while BTC, the asset branded as volatile, has remained remarkably resilient. What It Means For Bitcoin Next Market