Bitwise CEO Hunter Horsley argued that the long-running downturn in the cryptocurrency market has come to an end. Horsley predicted that Bitcoin (BTC) could reach a new all-time high in 2027. In an interview with CNBC, Horsley assessed the current state of the cryptocurrency market, noting that many investors who wanted to sell during the […]
As of October 8, SpaceX (NASDAQ: SPCX) holds 18,712 Bitcoin (BTC) on-chain, custodied through Coinbase Prime and worth $1.55 billion. According to Arkham Intelligence, which was the first to identify the relevant addresses, SpaceX held the exact same number of BTC following its initial public offering (IPO), although the position was then valued at significantly […]
Bitcoin [$BTC] has been in a strong uptrend over the past month or so, but that seems to be taking a break. The bears who formed a sell wall between $87,000 and $91,000 appear to have won the contest in this zone. That said, leveraged short orders, ETF outflows, long liquidations, and US government potential […]
Bitcoin-backed finance is maturing beyond trading and increasingly resembles traditional lending. Loans taken by locking up bitcoin $BTC$82,848.71 as collateral are increasingly used to fund real-world expenses such as tuition fees, slow months, and business cash, according to two long-standing lenders. “What I am seeing, both in the conversations I’m having and in the data, […]
Bitcoin fell 1.6% to just under $82,800 as of Thursday Asian morning hours. Oil jumped on a report that the White House asked the Pentagon for strike options against Iran, pushing Treasury yields back toward their highest since 2002. XRP led the losses among the majors, down nearly 4% to about $1.42. DOGE slid 3% […]
Even though the cryptocurrency market saw choppy consolidation during the first week of October 2026, BlackRock Inc.’s (NYSE: BLK) crypto portfolio added more than $291 million. BlackRock’s crypto portfolio surged by $291.7 million during the past four exchange-trading days through October 6, according to data Finbold analyzed from SoSoValue on October 7. BlackRock’s iShares Bitcoin […]
Bitcoin $BTC fell nearly 3% over the past 24 hours as investors reduced exposure ahead of the release of the Federal Reserve’s latest meeting minutes. The top cryptocurrency was trading at $82,947, slipping below the $83,000 level. The pullback followed another rejection near $87,000, shifting attention toward lower technical support despite continued ETF inflows and […]
Late on October 6, the cryptocurrency market suffered a sudden bloodbath that dropped the total valuation of digital assets from $2.88 trillion to $2.82 trillion within a single hour, a $60 billion wipeout. Zooming out, the losses grow even larger with the drop between the Tuesday $2.92 trillion high and press time on Wednesday, October […]
Ethereum researcher Justin Drake argues that AI-powered mathematical advancements could pose risks to current cryptographic systems sooner than expected, urging the cryptocurrency sector to begin planning for what he calls a “shelter mode” defense mechanism. Drake said that large and institutional investors, in particular, should consider moving their assets in a controlled manner to new […]
Although United States spot XRP exchange-traded funds (ETFs) recorded an inflow of $3.14 million on October 6, 2026, this crypto asset fell by nearly 5% over the past 24 hours. On October 7, XRP price declined to approximately $1.42 at the time of writing, down 4.77% over the last 24 hours. As a result, the […]