Friday, October 16

Crypto

BTC Slips to Yearly Low as Leverage Unwinds Below K

Bitcoin’s (BTC) strong start to the year has been fully erased, with its price slipping to a new yearly low below $84,000. Analysts viewed this move as part of a broader corrective phase rather than a structural market breakdown, driven…

Bitcoin Drops Under ,000 as Macro Assets Fall Worldwide

Bitcoin (BTC) fell to two-month lows Thursday as crypto joined stocks and precious metals in a snap sell-off.Key points:Bitcoin dives below $85,000 as macro assets suddenly tumble from record highs.Gold and silver shock market watchers as nerves over global financial…

SEC, CFTC Strike Conciliatory Tone Ahead of CLARITY Act Talks

SEC Chair Paul Atkins and CFTC Chair Mike Selig spoke on CNBC on Thursday as debate continues over stablecoin yield in the CLARITY Act.US Securities and Exchange Commission Chair Paul Atkins and Commodity Futures Trading Commission Chair Mike Selig appeared…

Dakota Launches Stablecoin Platform for Enterprise Payments and Treasury

Financial technology company Dakota launched a stablecoin infrastructure platform as more enterprises look to adopt digital dollars without taking on the operational and regulatory burden of custody and compliance.Dakota will handle custody, compliance and settlement on behalf of its clients.…

Messari Calls DePIN a B Sector with Resilient Revenues

Decentralized physical infrastructure networks (DePINs) have been written off as dead by many investors, but a new “State of DePIN 2025” report from Messari and Escape Velocity argues the sector has steadily grown into a $10 billion market generating $72…

Citrea Bitcoin Rollup Launches Mainnet, ctUSD Stablecoin

Founders Fund and Galaxy Ventures-backed Bitcoin zero-knowledge rollup (ZK-rollup) Citrea launched its mainnet on Tuesday with BTC collateral lending, BTC-structured products and a new US dollar stablecoin, ctUSD. The launch is aimed at turning what Citrea calls “economically idle” Bitcoin (BTC)…

Analysts Say This Must Happen for Bitcoin to Take Out K Resistance

Bitcoin’s (BTC) pre-FOMC rally on Wednesday stalled at $90,000 amid stiff overhead resistance and weak ETF demand. Still, several data points suggested that upward momentum may increase once the BTC/USD pair breaks above $93,000.Key takeaways:BTC bulls must flip the $90,000-$93,000…

Metaplanet Greenlights 7M Overseas Capital Raise

Tokyo-listed Bitcoin-focused company Metaplanet approved an overseas capital raise of up to $137 million, combining new common shares and stock acquisition rights as it looks to expand its Bitcoin holdings and reduce debt. In a Thursday filing, Metaplanet said it plans…

Bybit Launches Retail Bank Accounts With Personal IBANs

Bybit, one of the world’s biggest crypto exchanges by trading volume, plans to launch retail banking services on its platform starting in February, the company said Thursday.Bybit unveiled the product, “My Bank powered by Bybit,” during a live online keynote…

Gold Almost Adds Bitcoin’s Market Cap in a Day

Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single day. Gold breached $5,500, bringing it to a new all-time high, while its total market cap rose…

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