Friday, October 16

Crypto

Google Search Volume For ‘Bitcoin’ Surges Amid K Plunge

Google search volume for the term “Bitcoin” surged over the past week as the asset’s price briefly fell to the $60,000 level for the first time since October 2024.Google Trends provisional data shows worldwide searches for “Bitcoin” reached a score…

Bitcoin Traders Say K is Key as Dip-Buyers Help BTC Rebound 11%

Bitcoin (BTC) rebounded above $65,000 on Friday, up 11% from 15-month lows below $60,000, as focus shifted to institutional dip buyers.Key takeaways:Bitcoin finally sees investors who are willing to “buy the dip” as prices dropped to sub-$60,000 levels.Traders have shifted…

Trend Research Dumps Over 400K as Liquidation Risk Rises

Ethereum investment vehicle Trend Research continued to reduce its Ether exposure, as the latest market crash pushed the treasury company to sell off its assets to pay back loans. It held about 651,170 Ether (ETH) in the form of Aave…

Bitcoin Core Maintainer Gloria Zhao Quits After Six Years

Bitcoin Core developer Gloria Zhao has stepped down as a maintainer and revoked her Pretty Good Privacy (PGP) signing key, ending about six years as one of the project’s gatekeepers. On Thursday, Zhao submitted her last pull request to the Bitcoin…

PBOC Officially Bans ‘Unapproved’ Yuan-Pegged Stablecoins

The People’s Bank of China (PBOC), the country’s central bank, and seven Chinese regulatory agencies published a joint statement on Friday banning the unapproved issuance of Renminbi-pegged stablecoins and tokenized real-world assets (RWAs).The ban applies to both domestic and foreign…

Ai.Com, Founded by Kris Marszalek, Announces Upcoming AI Agents

Proponents of AI agents say the new technology will simplify crypto trading and other financial activities for the average user.AI platform ai.com, founded by Crypto.com co-founder and CEO Kris Marszalek, announced on Friday that it will be launching an autonomous…

Bitcoin Reclaims K, But How Long Will It Hold?

Key takeaways:Bitcoin’s derivatives signal caution, with the options skew hitting 20% as traders fear another wave of fund liquidations.Bitcoin price recovered some of its Thursday losses, but it still struggles to match the gains of gold or tech stocks amid…

Sell-Off Hits Treasuries, ETFs and Mining Infrastructure

Crypto’s latest sell-off isn’t just a price story. It’s showing up on balance sheets, inside spot exchange-traded funds (ETFs) and even in how infrastructure gets used when markets turn.This week, Ether’s (ETH) slide is leaving treasury-heavy companies nursing massive paper…

Bithumb Corrects Payout Error After Abnormal Bitcoin Trades

Bithumb said it identified and corrected an internal payout error after an “abnormal amount” of Bitcoin was credited to some user accounts during a promotional event, briefly causing sharp price fluctuations on the exchange.In a company announcement on Friday, the…

Bitcoin Dips to k, TRM Labs Reaches Crypto Unicorn Status

Cryptocurrency markets experienced a brutal sell-off this week as investor concerns grew over stagnating US liquidity following US President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve.Bitcoin exchange-traded funds (ETFs) recorded three consecutive days of outflows, with…

Samson Mow Breaks Down Bitcoin Market Crash

In a video interview, Samson Mow shares his views on Bitcoin’s latest bloodbath, quantum fears and the catalysts that could drive Bitcoin’s next recovery.In an exclusive Cointelegraph interview, Bitcoin OG Samson Mow shares his perspective on Bitcoin’s latest massive crash,…

Bitcoin Just Saw One of Its Fastest Crashes in History

Bitcoin (BTC) rebounding is now “highly probable” as BTC price action sets another bearish record.Key points:Bitcoin has never traded so far below its 200-day moving average, data shows.BTC price action is due “mean reversion” as a result.Analysis describes a “macro-driven”…

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