Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: admin
The end of another week has come around, which means another batch of Bitcoin and Ether options contracts are expiring as spot markets remain sluggish. Around 47,000 Bitcoin options contracts will expire on Friday, Oct. 24, and they have a notional value of roughly $5.1 billion. This expiry event is a little larger than last week’s, but there is unlikely to be any impact on spot markets, which have been mostly sideways in the past several days. The US government remains in a shutdown, and a delayed September CPI inflation report is due today, which could induce volatility, especially…
Bitcoin and Ether rose 1.5% on Thursday as the S&P 500 and Nasdaq approached their all-time highs.Crypto markets rose slightly Thursday morning, with Bitcoin holding around $110,000 and the total market cap at $3.78 trillion, as the 10-year Treasury yield climbed above 3.98%.Bitcoin (BTC) has gained 1.6%, pushing the price to $110,000 and keeping it firmly within the $108,000-$112,000 range.In a commentary for The Defiant, Farzam Ehsani, CEO and co-founder of VALR, suggested that Bitcoin’s path higher “is not guaranteed” as the same macro volatility that triggered gold’s rally due to its general perception as a defensive asset “could cap…
XLM traded lower through Tuesday’s session, slipping from $0.3137 to $0.3123 over 24 hours ending Oct. 23 at 14:00 UTC. The token moved within a narrow $0.0132 range (4.2%), reflecting volatile but range-bound behavior. A sharp 62.1 million volume spike—180% above average—at 21:00 on Oct. 22 triggered a selloff from $0.3081 to critical support at $0.3027, establishing the lower boundary of the current trading range.Despite briefly recovering, Stellar faced persistent technical resistance. Prices rebounded toward $0.3160, consolidating above $0.3120 before a double-top pattern formed at $0.3147, signaling exhaustion. The final hour saw renewed selling pressure, with a breakdown below $0.3131…
In brief KuCoin is expanding its ecosystem with KuPool, a new mining pool service which provides access to PoW and merge mining assets. KuPool will open with assets like Dogecoin (DOGE) and Litecoin (LTC), with Bitcoin (BTC) support to follow soon. The service is designed to cater to mining professionals and newcomers alike, with a focus on simplicity and security. Crypto exchange KuCoin is rolling out a new mining pool service called KuPool, with support for assets like Dogecoin (DOGE), Litecoin (LTC) and eventually Bitcoin (BTC), the firm announced on Thursday. KuPool will align the firm’s existing crypto exchange and its…
There have been different ways that market analysts have tried to predict the direction that the Bitcoin price could be headed next. Many have turned to technical analysis, reading chart formations and patterns in a bid to pinpoint the next move. Others turn to market sentiment, using social commentary in a bid to determine what might happen next. However, one lesser-known route some analysts have taken is astrology, which is a study of how the movement of celestial bodies affects human behaviour, and ultimately, the Bitcoin and crypto market. Using The Moon Cycles To Predict Bitcoin Movements Crypto analyst Draz is one…
In brief Decentralized exchange Bunni announced its permanent shutdown Wednesday, saying it lacks the capital for a secure relaunch requiring six to seven figures in audit expenses alone. The September 2 hack drained $8.4 million through flash loan manipulation and rounding errors, with stolen funds remaining unmoved in Tornado Cash-funded wallets. Users can still withdraw assets, and Bunni pledged to distribute remaining treasury to token holders while relicensing its v2 contracts from BUSL to MIT. Decentralized exchange Bunni has announced it is permanently shutting down following an $8.4 million hack last month, with founders saying they lack the capital needed…
In brief An Ethereum whale has bought $32 million in ETH, signaling institutional interest amid corporate accumulation. A Solana whale sold $93 million, indicating “waning whale confidence” in the asset. A Bitcoin whale netted $835,000 profit, closing a short position as the market hints at a potential bottom. With Bitcoin trading in a tight range, the crypto market continues to remain on the sidelines, leading to an uptick in speculation from large investors.A newly created wallet purchased $32 million worth of Ethereum on crypto exchange OKX at an average price of $3,824, per Arkham data.The whale’s purchase comes after SharpLink…
This week, the Ethereum ecosystem has been rocked by a $654 million ETH transfer by the Ethereum Foundation. This triggered intense scrutiny over developer compensation, transparency, and leadership, culminating in the public resignation of core developer Péter Szilágyi and renewed criticism of governance practices.Simultaneously, Polygon’s AggLayer upgrade has faced launch delays and network instability, intensifying debate about Layer-2 alignment, fragmentation, and the Foundation’s support for external L2s.These developments, alongside POL token migration volatility, ongoing struggles to balance mainnet centralization with L2 sovereignty, and reaction to the Foundation’s earlier executive restructuring, have added fresh urgency to the disputes over Ethereum’s future…
AMINA Bank, a FINMA-regulated crypto bank based in Switzerland, has partnered with Tokeny, a blockchain platform owned by Apex Group, to create a regulated infrastructure for institutional tokenization, the companies said on Thursday.The deal is designed to provide financial institutions with “a regulated banking bridge” to issue and manage tokenized assets, such as government bonds, corporate securities, and treasury bills.Under the arrangement, AMINA (formerly known as SEBA Bank) will handle the banking, custody and regulatory oversight for traditional assets, while Tokeny will provide the technology for turning those assets into tokens. The setup enables clients to transfer funds seamlessly between…
In brief Indian crypto exchange WazirX will resume operations on October 24 with zero trading fees across all markets. Trading and withdrawals will resume the same day, with full functionality by Monday. The platform has partnered with BitGo for institutional-grade custody solutions. Indian crypto exchange WazirX will restart operations on October 24 with zero trading fees across all markets, more than a year after hackers stole $234 million in one of the largest cyberattacks in crypto history.Backed by 95.7% of creditors, WazirX’s Singapore court–approved restructuring plan allows the exchange to reopen for 6.6 million users locked out since the July…