For the weekend, a tone a bit more focused on trading or on Pepe's characteristics as a volatile asset.$PEPE
"Friday is here and the fun doesn't stop at Binance! 🎉 $PEPE , the memecoin that leaves no one indifferent, wraps up another action-packed week. Whether for trading or just for the pure meme, there's always something interesting with this frog! Have a great weekend! #PepeTrading #Binance #ViernesDeCripto #CriptoMemes
Trump's cyber strategy promises to 'support the security' of cryptocurrencies and blockchain This places blockchain security in the context of national technological competition alongside AI and quantum computing. What you need to know: The new cyber strategy of the Trump administration prioritizes the security of cryptocurrencies and blockchain technology to maintain the United States' leadership in emerging technologies. This places blockchain security in the context of national technological competition alongside AI and quantum computing. The strategy aligns with the administration's ongoing support for cryptocurrencies, including previous commitments to make the U.S. the "crypto capital" and to create a Strategic Bitcoin Reserve.
What you need to know: Bitcoin dropped around 3.4 percent to approximately $68,000 on Saturday, after a midweek rally to $74,000, continuing a pattern of late-week selling within a narrow trading range. Despite the pullback, major cryptocurrencies remain modestly up for the week, even as a surging U.S. dollar and expectations of delays in interest rate cuts by the Federal Reserve weigh on risk assets. On-chain data shows that approximately 43 percent of the bitcoin supply is now at a loss, generating selling pressure on rallies, while a strong increase in stablecoin inflows suggests idle capital that could re-enter the market amid ongoing tensions in the Middle East. #btc #newscrypto $BTC
Bitcoin falls below $68,000 heading into the weekend as the dollar records its biggest weekly gain in a year Most major cryptocurrencies gave up Friday's gains, with Solana dropping 4%, Ether retreating 4.4%, and 43% of the Bitcoin supply currently at a loss according to data from Glassnode.
Bitcoin has just surpassed $73,000, but skeptical traders are already preparing for a 'bull trap' Bitcoin has exceeded $73,000 after weeks of consolidation, but traders remain divided over whether this movement represents a genuine breakout or another trap for late buyers. What you need to know: BTC surpassed $73,000, recovering a key technical level after weeks of sideways trading. Many analysts say the breakout could reflect the movement in January that briefly shot up before falling from $98,000 to $60,000 over the course of two weeks. With much of the market now expecting a reversal, some traders argue that the risk is shifting towards a short squeeze if the momentum continues.#btc $BTC
Morgan Stanley Turns to Coinbase and BNY for Custody in the Proposed Bitcoin ETF BNY will serve as the administrator, transfer agent, and cash custodian for Morgan Stanley’s proposed Bitcoin Trust. What You Need to Know: The Morgan Stanley Bitcoin Trust plans to store its bitcoins with Coinbase Custody and BNY, with BNY also acting as the administrator, transfer agent, and cash custodian. CoinDesk Price Reference: The ETF will track the price of bitcoin using the CoinDesk Bitcoin Reference Rate’s 4 p.m. New York Settlement Price, which incorporates trading activity on major spot exchanges to determine the fund’s daily valuation.
Trump urges the approval of the U.S. Clarity Act, criticizes banks for 'undermining' GENIUS U.S. President Donald Trump stated in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year What you need to know: U.S. President Donald Trump attacked banks in a post on Truth Social, claiming they were holding the legislation on market structure "hostage" due to their opposition to stablecoin yield payments. Trump urged the swift approval of the bill, noting that it was important for the United States to remain at the forefront of cryptocurrency legislation. Negotiations continue between the White House and representatives of the crypto and banking industries regarding the language of the bill.
Searches for "Bitcoin to zero" are surging in the U.S., but the underlying signal is mixed Google Trends data shows that the term hit an all-time high in the U.S. this month, although global interest has declined since its peak in August. What you need to know: Google searches in the U.S. for "bitcoin zero" reached an all-time high in February, while BTC was falling towards $60,000 after hitting a peak in October. In the rest of the world, searches for the term peaked in August, suggesting that fear is concentrated in the U.S. rather than globally. Similar spikes in searches in the U.S. in 2021 and 2022 coincided with local lows. Because Google Trends measures relative interest on a scale of 0 to 100 amid a much broader bitcoin user base today, the recent increase in the U.S. signals high retail anxiety, but does not reliably guarantee a clean contrarian reversal.$BTC #BTC
Wall Street remains optimistic about bitcoin while offshore traders retreat The difference in the futures spread between CME and Deribit reflects a variation in risk appetite between regions. What you need to know: 👀U.S. institutional investors are maintaining their leveraged positions in bitcoin while overseas traders are reducing their exposure, according to NYDIG. The difference in the futures basis between CME and Deribit reflects a variation in risk appetite between regions. The price movement of Bitcoin aligns with actions in quantum computing, suggesting a broader market trend rather than a specific risk factor related to quantum computing. $BTC
Triumph of Takaichi: the record in Japan with a rise of 56,000 in the Nikkei drives bitcoin to $72,000, and gold above $5,000 The Japanese mandate drives the boom in stocks and safe-haven assets.
What you need to know: Japan's Nikkei 225 rose by 3.4% to surpass the 57,000 mark for the first time, driven by the "supermajority" victory of Prime Minister Sanae Takaichi. The "Takaichi Operation" reverberated in global markets, pushing the price of gold above $5,000 per ounce and bitcoin to a peak of $72,000, while sentiment in the U.S. remained bullish.$BTC
Ether and the main cryptocurrencies rise as bitcoin rebounds to $76,000, but the rally may not last The flows and on-chain data indicated a defensive position, as cryptocurrency investment products recorded weekly outflows of $1.7 billion. What you need to know: Cryptocurrency prices stabilized after sharp fluctuations early in the week, with the total market value increasing by approximately 1.7 percent to $2.65 trillion, although sentiment among short-term traders remained cautious. Bitcoin rose approximately 5 percent from Monday's lows to trade above $78,000, while most altcoins experienced modest and uneven recoveries, remaining well below early year highs. The flows and on-chain data indicated a defensive stance, as cryptocurrency investment products recorded weekly outflows of $1.7 billion and long-term bitcoin holders fell into unrealized losses, even as some institutions continued to increase their exposure.#btc $BTC
Jim Cramer questions where the bitcoin bulls are as the price of the cryptocurrency falls to $74,000 Jim Cramer sounds the alarm about the "lack of reliability" of bitcoin as a short-term currency following a sharp drop over the weekend. What you need to know: Cramer highlights $73,000 as a vital level for bitcoin, warning that the asset must recover $77,000 to establish a "launching pad" for future gains. Despite Strategy president Michael Saylor hinting at new purchases over the weekend, Cramer expressed skepticism about whether "usual defenders" can exert enough buying pressure to stop a deeper drop. The sell-off is leaking into other sectors; Cramer noted that leveraged traders in metals and speculative stocks are liquidating positions to cover losses in cryptocurrencies, which could drag down broader risk markets.#btc $BTC
Hong Kong is positioning itself as the global connector of cryptocurrencies, says legislator Johnny Ng The Hong Kong legislator and Web3 advocate stated that common law, open capital flows, and ties to southern China give the city a unique role in the global cryptocurrency markets. Johnny Ng is not interested in zero-sum crypto politics. While regulators in Washington, Beijing, and other parts of Asia chart their own paths for digital assets, the Hong Kong legislator is focused on something completely different: building connective tissue between markets, technologies, and jurisdictions that rarely move in sync. $BTC #CryptoNewss
The bets that Bitcoin will fall below $75,000 are now as intense as the bets on $100,000. This increase in demand for low-strike put options contrasts with the post-Trump election pattern of enthusiasm for high-strike call options. What you need to know: The drop in Bitcoin's price has sparked a surge towards put options as traders seek protection against further declines. The $75,000 put option, which represents a bet on BTC's price falling below that level, is now as popular as the bullish $100,000 call option. This increase in demand for low-strike put options contrasts with the post-Trump election pattern of enthusiasm for high-strike call options. #BTC $BTC
The 35% drop in silver surpasses bitcoin in a rare liquidation in the crypto market Tokenized silver futures recorded the largest liquidations in the cryptocurrency markets over the last 24 hours, surpassing bitcoin and ether, as a sharp decline in metals combined with highly leveraged trading on crypto platforms. What you need to know: Tokenized silver futures led the liquidations in the crypto market over the last 24 hours, with approximately $142 million eliminated, surpassing bitcoin and ether as a drop in metals affected commodity-based crypto products. The liquidation followed a sharp reversal in silver prices, a drastic reduction in the bullish bets of hedge funds on silver, and CME Group's decision to raise margin requirements on gold and silver futures by up to 50 percent. The episode highlights how crypto spaces are increasingly serving as macro trading avenues, with traders using tokenized instruments to express opinions on commodities instead of focusing solely on fundamental digital assets like bitcoin and ether.#bitcoin $BTC
Bitcoin falls below $80,000 as geopolitical risks intensify amid tensions between the U.S. and Iran Bitcoin fell below $80,000 on Saturday due to low weekend liquidity amplifying selling pressure, with traders noting tensions in the Middle East, political risks in the U.S., and ongoing uncertainty specific to the crypto space. What you need to know: Bitcoin fell below $80,000 on reduced trading volume over the weekend, extending a period of weakness as risk appetite diminished. Geopolitical tensions, including an explosion at the port of Bandar Abbas in Iran and a brief U.S. government shutdown, drove investors away from riskier assets like cryptocurrencies. Specific pressures in the crypto market, from negative flows of spot bitcoin ETFs to ongoing deleveraging and internal industry conflicts, have kept bitcoin in a range between $80,000 and $82,000, leaving it vulnerable to further declines. $BTC
Binance pins crypto's worst-ever liquidation day on macro risks, not exchange failure Binance says October 10’s crypto flash crash was driven by a macro risk-off shock, cascading liquidations and thin liquidity, while acknowledging two platform-specific issues that occurred after most losses had already hit. What to know: Binance attributed the Oct. 10 flash crash to a macro-driven selloff colliding with heavy leverage and vanishing liquidity, rejecting claims of a core trading-system failure.The exchange said more than $100 billion in bitcoin derivatives open interest and rapidly thinning order books fueled cascading liquidations, while blockchain congestion and spiking Ethereum gas fees worsened fragmentation across venues.Binance acknowledged two platform-specific issues, compensated users with over $328 million, and said about 75 percent of liquidations occurred before its index deviations, underscoring the broader market shock as the main cause. #Binance $ETH
Bitcoin trader warns of downside as gold rally continues to pull focus from BTC Crypto prices stabilized after an early-week dip, but bitcoin continued to trail gold and silver as macro trades dominated after the Fed’s policy hold. What to know: Bitcoin hovered around $88,000 after the Federal Reserve left interest rates unchanged, with trading subdued despite modest gains in ether, solana, BNB and dogecoin.A sharp rebound in the U.S. dollar and continued strength in commodities, especially record-high gold and elevated silver and copper, have overshadowed crypto markets.Analysts say bitcoin is trading more like a high-beta risk asset than a macro hedge, stuck in a bearish consolidation about 30 percent below its October peak and struggling to break above key resistance near $89,000.#BTC走势分析 $BTC
Tether is buying up to $1 billion of gold per month and storing it in a 'James Bond' bunker The company's gold purchases are mostly for its own reserves, but also support its XAUT stablecoin. What to know: Tether is buying up to two tons of gold weekly and has amassed a 140-ton stockpile worth about $24 billion, becoming one of the largest non-governmental holders.The company's gold purchases are mostly for its own reserves, but also support its XAUT stablecoin.Gold prices have surged by more than 90% year-over-year, with Tether's buying potentially influencing the market alongside central bank purchases.$BTC
Zerohash is in talks to raise $250 million at $1.5 billion valuation after walking away from Mastercard takeover The company recently walked away from multi-billion dollar acquisition talks with Mastercard, instead opting to remain independent. What to know: Zerohash is in talks to raise $250 million at a $1.5 billion valuation, according to a source.The crypto firm recently pulled out of acquisition talks with Mastercard after it decided to remain independent.The credit card giant is said to be considering a strategic investment in Zerohash. #Mastercard $XRP