Bitcoin has rebounded above $83,000, according to ViaBTC’s Jeff Ko, as analysts have identified a drop below $80,000 or a recovery toward $86,000 as possible outcomes of this week’s U.S. inflation report. Jeff Mei, chief operating officer at BTSE, told crypto.news that ETF withdrawals and uncertainty over Wednesday’s U.S. Consumer Price Index report could bring
The Bank of Korea has ruled out directly operating stablecoin businesses, with Governor Hyun Song Shin telling lawmakers on October 12 that private companies should handle their issuance and operations while the central bank continues developing its institutional digital currency system. During a parliamentary audit held at the Bank of Korea headquarters in Seoul, Shin
Anseta’s recent integration into the Cosmos Partner Network signifies a major step toward enhancing digital asset initiatives. The partnership, highlighted by a tweet from @cosmos, supports financial institutions in accelerating their tokenization strategies. This move underlines the growing importance of collaboration in the crypto space as institutions seek to innovate. The Latest In the past
Bitcoin recovered above $84,000 on Monday, rebounding from a sharp correction that briefly pushed its price below $81,000 last week. Ethereum and $XRP also regained ground, reclaiming $2,500 and $1.40. The recovery lifted the three major cryptocurrencies, although Bitcoin’s momentum indicators suggest the rebound has yet to develop into a decisive breakout. However, substantial withdrawals
Bitcoin ($BTC) remains in a mixed technical position below $84,000, with improving short-term buying interest meeting resistance as institutional demand and macroeconomic uncertainty weigh on sentiment. Recent withdrawals from US spot Bitcoin exchange-traded funds have reduced buying support from those products. Higher Treasury yields and tensions in the Middle East are also influencing investors’ appetite
What Actually Got Liquidated? Nearly $140 million in shorts were liquidated as bitcoin confirmed a weekly close above $83,000. Hours earlier, a heatmap shared by Kook Capital showed about $95 million in shorts wiped out as $BTC knocked on $84,000. That chart put bitcoin liquidations at $26.34 million, with 93.3% of them shorts. Ether shorts
Bitcoin price prediction for October 13 stays bullish above $83,476, the level $BTC needs to hold after rebounding from last week’s drop to $80,335. Bitcoin Price Analysis: Can $BTC Reclaim $84,217 After Rebounding From $80,335? Bitcoin Price Analysis (Source: TradingView) $BTC trades near $84,127, up 0.73% over the past four hours, recovering after a sharp
Gold bull and ardent Bitcoin critic Peter Schiff has once again slammed Michael Saylor, noting that 2026 has been a disappointment for his company’s Bitcoin-buying strategy if we go by their own data metrics. In his recent X post, responding to Saylor’s most recent Bitcoin buy announcement, Schiff referred to the company’s Bitcoin yield, which
Cryptocurrency analytics company Glassnode, in its new report evaluating the current state of the Bitcoin ($BTC) market, explained the key factors behind last week’s decline. According to the company, futures traders and spot Bitcoin ETF investors led the selling pressure, while on-chain data shows that new capital continues to flow into the market. According to