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PANews reported on October 10 that the OKX market showed that BTC had just fallen below $120,000 and was currently trading at $119,929.50 per coin, down 1.02% on the day.
Coinbase has introduced decentralized trading to nearly all its U.S. customers, broadening access to one of its most ambitious products yet.The company confirmed on Oct. 8 that its decentralized exchange (DEX) service is now live inside the main Coinbase app for users across the country, except those based in New York, where state regulations still restrict the offering.Through the new interface, traders can swap tokens the moment they launch, giving them early exposure to emerging assets long before centralized listings appear. The feature is powered entirely by Base, Coinbase’s Ethereum layer-2 network, and will gradually expand to support additional chains…
The governance token of the prominent decentralized lending protocol Aave AAVE$271.85 has faced substantial selling pressure through the past 24 hours, dipping briefly below the $270 level.The DeFi bluechip plunged 5% in the early Thursday session, sliding nearly 10% lower since this week’s high. It has modestly recovered later in the day U.S. hours, changing hands at around $272.The price action occurred amid a weak session for cryptocurrencies with bitcoin on the verge of breaking below $120,000. The broad market CoinDesk 20 Index was down more than 4% during the day.The technical picture shows bearish momentum for the DeFi major,…
Fed Chair Jerome Powell avoided discussing monetary policy during his Oct. 9 Community Bank Conference remarks, supporting Bitcoin’s continued advance toward $150,000.Matt Mena, Crypto Research Strategist at 21Shares, stated in a note that this was a “strategic omission” by Powell.He characterized the narrow focus as “effectively a green light for risk assets” because the US data blackout mutes the macro shocks that typically pressure Bitcoin and nudges policy expectations dovish.With the federal shutdown halting major releases, such as jobs and CPI, traders and the Fed have less hard information to justify new hikes.Additionally, Bitcoin captured over $2.5 billion in inflows…
Bitcoin (BTC) state, following its new all-time high of $126,000, is facing tests from profit-taking and elevated leverage.As Glassnode reported on Oct. 8, mid-tier holders that have accumulated between 10 and 1,000 BTC have driven demand over recent weeks, while whale distribution has eased since earlier this year.The Trend Accumulation Score shows that this alignment among smaller entities adds structural depth to the advance. Nearly all circulating supply now sits in profit, though limited support exists between $120,000 and $121,000.A stronger cluster near $117,000 holds roughly 190,000 BTC, marking a zone where buyers may defend positions if prices retreat.The Sell-Side Risk Ratio rebounded…
Hedera Hashgraph’s HBAR token fell nearly 5% from $0.22 to $0.21 between Oct. 8 and 9 as institutional caution deepened amid ongoing regulatory uncertainty. Volatility surged to 5.4%, with heavy selling between 01:00 and 08:00 on Oct. 9 pushing volumes above 100 million units per hour. Analysts cited strong resistance at $0.22 and institutional support near $0.21 as key technical levels.The final hour saw accelerated losses, with HBAR slipping another 0.85% to $0.212. A brief recovery attempt at $0.215 quickly failed, and trading volume collapsed to zero in the closing minutes—signaling either technical issues or a complete institutional retreat.The selloff…
A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months.In a Tuesday hearing of the Massachusetts legislature’s Joint Committee on Revenue, state Senator Peter Durant testified regarding the bill he sponsored, “an Act relative to a Bitcoin strategic reserve.” The lawmaker largely went over the logistical details of the bill, including having the state treasury use up to 10% of the Commonwealth Stabilization Fund to invest in crypto and allowing any Bitcoin (BTC) or digital assets seized by state authorities to be added…
Key takeaways:Strong ETF inflows and accumulation across all BTC investor groups suggest the rally is just getting started.Spot Bitcoin ETFs saw $2.2 billion in net inflows over one week — the second-largest ever.A rare “cylinder” chart pattern suggests $450,000-$500,000 is in play this cycle.Bitcoin (BTC) traded with high volatility on Thursday as uncertainty gripped the market ahead of Fed Chair Jerome Powell’s speech at the 2025 Community Banking Research Conference in Kansas City.Macro triggers aside, however, onchain and technical metrics suggest that Bitcoin’s “supercycle” is just beginning, according to analysts.Spot Bitcoin ETF inflows provide “durable tailwinds”Bitcoin has displayed exceptional bullish…
XPL drops 14% in 24h, returning to key support at $0.75 as RSI hits oversold and Open Interest stays above $1B. Plasma (XPL) has recorded a sharp decline after its recent rally. The token is now priced around $0.75, reflecting a 14% drop in the last 24 hours and 23% over the past week. The move follows a brief push that took the price as high as $1.07 in the past seven days. Price Back at Support Area Meanwhile, the price has returned to a support range between $0.74 and $0.78, where previous consolidation and a rising trendline converge.…
Stellar’s XLM token extended its downturn over the past day, sliding 5% from $0.39 to $0.38 between October 8 at 15:00 and October 9 at 14:00. The selloff came amid heavy institutional activity, with volumes reaching 35.51 million — well above average levels — confirming strong distribution pressure.The breakdown below the key $0.38 support level marked a clear shift in sentiment as trading intensified within a narrow $0.019 range. Market structure analysis showed a descending channel pattern forming, with repeated rejections near $0.38 suggesting sustained bearish control.During the final hour of trading, from 13:13 to 14:12 on October 9, XLM…
