Saturday, October 17

Crypto

Bitcoin Trips On K As CPI Shows Cooling US Inflation

Bitcoin (BTC) moved closer to reclaiming $90,000 after US inflation cooled more than expected, with the November CPI coming in at 2.7% year-over-year versus forecasts of 3.1%. The softer print narrows the gap to the Federal Reserve’s 2% target, easing…

Bitcoin Hashrate Rebounds After Xinjiang Mining Fears

Recent claims of a major Bitcoin mining crackdown in China’s Xinjiang region rippled through the digital asset industry this week, but data by TheMinerMag suggests the actual impact was far smaller than early narratives implied.According to the latest Miner Weekly…

ETH Rally Toward K Possibly Halted By Rising ETF Outflows

Key takeaways:US-listed Ether ETFs saw heavy outflows, signaling fading institutional interest as network fees, staking and leverage demand declined.ETH futures premiums and open interest declined, indicating cautious positioning and limited confidence, without a clear shift to outright bearishness.Ether (ETH) plunged…

Tether CEO Predicts AI Bubble Could Shake Bitcoin In 2026

Paolo Ardoino, CEO of Tether, the issuer of the world’s largest stablecoin, has raised concerns about how a potential AI bubble could affect Bitcoin by 2026.Ardoino shared his outlook on Bitcoin (BTC) and the broader crypto industry on Thursday during…

Bitcoin Gyrates on Shock US CPI Data as 24-hour Liquidations Hit 0M

Bitcoin (BTC) ramped up volatility into Thursday’s Wall Street open as markets reacted to surprise US inflation data.Key points:Bitcoin traders weather more snap BTC price volatility as CPI surprises to the downside.US inflation unexpectedly drops to multiyear lows, fueling bets…

Coinbase Expands Crypto Payments In Poland With Blik System

Major US cryptocurrency exchange Coinbase is expanding payment options in Poland by integrating with one of the country’s most widely used mobile payment systems.Coinbase has partnered with European payment processor PPro to enable payments via Blik, a popular Polish mobile…

Spot Bitcoin ETFs See 7M Inflows in Early Positioning Push

Spot Bitcoin exchange-traded funds (ETFs) recorded $457 million in net inflows on Wednesday, marking their strongest single-day intake in more than a month as institutional demand showed signs of re-acceleration.Fidelity’s Wise Origin Bitcoin Fund (FBTC) led the inflows, recording the…

The Top Announcements at Coinbase System Update

Coinbase’s year-end “System Update” conference on Wednesday saw the company announce a slew of new offerings as it branches out from its crypto exchange roots.In addition to introducing stock trading and prediction markets to its platform, Coinbase announced plans to…

Crypto Treasuries Face Billions In Outflows With MSCI Exclusion

Crypto treasury companies could be forced to sell as much as $15 billion in crypto if the Morgan Stanley Capital International Index (MSCI) goes ahead and excludes them from its indexes. BitcoinForCorporations, a group campaigning against MSCI’s proposal, projected outflows of…

Simplifying Ethereum Key to True Trustlessness, Says Buterin

The Ethereum blockchain needs to better explain its features to users in order to achieve true trustlessness, a challenge common across blockchain protocols, says its co-founder Vitalik Buterin.Trustlessness would see a protocol work without the oversight of developers, as it…

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