On the 7th of October, Bitcoin [$BTC] slipped below $85,000 as $BTC’s attempts to break past $87,000 were rejected by unwavering sellers. At the time of writing, Bitcoin had retreated to approximately $84,128. Despite this recent decline in price, Bitcoin is still trading within the main range that has held the price since the last
US spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Tuesday as Ether ETFs extended their outflow streak to six trading sessions. Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing Monday’s $90 million loss, according to SoSoValue data. Bitcoin fell from above $86,600 on Tuesday to below $84,000. At publishing time,
Japanese banks, trust banks, and securities firms are advancing their tokenization strategies through a new partnership with NexBridge. This collaboration aims to provide a robust infrastructure for issuance, settlement, and governance of tokenized assets. As reported by @zksync, this move could significantly streamline processes in Japan’s financial sector, paving the way for future innovations in
GDN announced a partnership with Arbitrum, aiming to enhance the programmable economy. This collaboration could lead to significant advancements in the digital asset landscape. The news was highlighted in a tweet that emphasized the commitment to building innovative solutions in this sector. What Went Down Traders scanning the order books got a surprise when GDN
On-chain data highlights the increasing holdings of large investors in the Bitcoin ($BTC) market. According to the shared data, wallets holding between 10 and 10,000 $BTC have purchased a total of 86,702 more $BTC in the last three weeks. Following this accumulation, the total Bitcoin holdings in these wallets reached their highest level since April
At the OKX Now event, Vitalik Buterin emphasized the transformative role of AI in blockchain technology. His insights shed light on how these advancements are reshaping our relationship with money and security in the digital age. This discussion signals a pivotal moment for the blockchain community, as it pushes for a re-evaluation of existing privacy
Bitcoin $BTC$84,074.46 is on the back foot Wednesday. Its bigger bullish pattern is still holding. The cryptocurrency fell to $84,200 early Wednesday, down over 2% from near $86,500 on Tuesday, according to CoinDesk data. But it’s still trading inside the range it has held for the past two weeks, and that keeps a months-long bullish
Stacks founder Muneeb Ali said he plans to assign intellectual property to the Stacks Endowment and explain how Bitcoin bonds drive value to $STX, outlining priorities for his first 30 days as Stacks Labs CEO. “We’ll assign all IP to the endowment, which has no shareholders,” Ali wrote in an Oct. 6 post, saying the
Bitcoin fell below $84,000 Tuesday night after losing about $1,767, or 2.1%, in roughly 20 minutes on Coinbase. The exchange’s BTC-USD candles recorded a low of $83,551 in the minute beginning at 10:06 p.m. ET on Oct. 6, compared with an opening trade of $85,317.95 at 9:46 p.m. CoinGecko’s composite price stood at about $84,054
Bitcoin’s whale position has recently transitioned from an extended period of deposits at exchanges to withdrawals from exchanges. The trend shifted around the end of August, after nearly three months of overall deposits. This trend lasted about twice as long as any other period of deposits since 2023. Since then, the 30-day moving average has