Crypto News

As traditional markets stumbled, crypto stole the spotlight into the close. Gold suffered its steepest single day slide in over a decade, shedding an eye-popping $1.75 trillion in market cap, while Bitcoin (BTC) found a bid and extended gains. The move sharpened a growing narrative: when yellow metal wobbles, digital gold tends to catch some of the spillover. It was not all smooth sailing for crypto, though. Spot ETF flows for both Bitcoin (BTC) and Ethereum (ETH) swung negative again as volatility picked up, a reminder that the institutional money tap can turn off as quickly as it turns on. Chatter around first principles kept humming in the background. Tucker Carlson questioned Bitcoin’s origins with a CIA-tinged theory, while a new quantum computing milestone from Google sparked fresh debates about long-term cryptography, even if most engineers say the sky is not falling today. If there was a clear winner on the day, it was Solana. Ken Griffin’s Citadel disclosed a 4.5 percent sta...

Markets wobbled into the evening, but meme mania still found a spark. Floki Inu (FLOKI) ripped as much as 30 percent after Elon Musk posted a photo of his dog as the CEO of X, briefly igniting trading activity before giving back gains alongside a broader pullback in Bitcoin (BTC). The whipsaw underscored the mood of the day: high volume, thin conviction, and a crowd still eager to chase headlines. Under the surface, institutional plumbing kept tightening. Bitcoin’s largest holders continued shifting exposure into exchange-traded funds like BlackRock’s vehicle, a migration that folds BTC into the traditional financial system and lets investors tap collateral and lending rails without immediate tax events. The ETF pipeline swelled too, with total U.S. crypto ETP filings rising to 155 across 35 digital assets and T. Rowe Price stepping in with an actively managed fund proposal, as the industry waits on key SEC calls stretching into late 2025. Asia delivered a split-screen view. Hong Kon...

Markets limped into the evening but found a few bright spots. Bitcoin (BTC) flirted with a potential short squeeze as spot inflows steadied and the Coinbase premium ticked higher ahead of Friday’s CPI print. A sharp drop in gold added fuel to the rotation narrative, with some analysts arguing even a modest reallocation could push Bitcoin past 160,000, though it remains about 11 percent below its all time high. Elon Musk’s SpaceX moved 2,495 BTC between wallets without selling, its first major on chain activity since July, a reminder that large holders can still jolt sentiment even in a choppy tape. Ethereum’s (ETH) day was dominated by governance drama and big balance sheets. Senior builders vented frustration with the Ethereum Foundation’s process and pace, with Polygon’s Sandeep Nailwal weighing in on how layer 2 contributors like Polygon (MATIC) and its new POL token (POL) feel underappreciated. Vitalik Buterin responded, but the rift underscored the growing pains of a maturing eco...

Good evening. Crypto will have a seat at the table in Washington next week as top Senate Democrats convene a private roundtable on October 22 with major industry leaders, including Coinbase’s CEO, to revive market structure legislation. Closer to home, New York politics just got a tech twist: Andrew Cuomo is floating a City Hall comeback built on making the city a global hub for crypto, AI, and biotech, with a Chief Innovation Officer to power the agenda. Institutions still like Bitcoin (BTC). A Coinbase survey shows 67 percent of professional investors expect gains over the next six months, citing better liquidity, incremental regulatory progress, and a friendlier macro setup. The tape, however, is still testing nerves. On-chain signals point to long-term holders selling into strength and price action struggling below key resistance, even as Michael Saylor’s firm Strategy scooped another 168 Bitcoin (BTC), extending its roughly 69 billion dollar stack. Across the Atlantic, BlackRock ...

As the sun sets on a bruising day for crypto, the market is still catching its breath. A sharp selloff erased roughly 110 billion dollars in market cap within 24 hours, with Bitcoin and Ethereum sliding and a wave of liquidations rippling across majors and mid caps alike. Macro jitters did not help. Fresh headlines around US China trade tensions and tariff uncertainty weighed on risk assets, and even as President Trump signaled potential reversals, the damage was done. Whales added fuel to the fire, offloading positions in Solana, Aave, and Aster (SOL, AAVE, ASTER), triggering wider de-risking. Technicals reinforced the mood. Many large caps are pinned below key moving averages, momentum indicators point south, and buyers are struggling to reclaim control. Dogecoin (DOGE) is now firmly in a technical bear market, down more than a third since September and hovering near 0.18 dollars. The narrative tug of war around Bitcoin intensified. Economist Peter Schiff resurfaced the gold versus ...

As the sun sets on a bruising day for crypto, the market is still catching its breath. A sharp selloff erased roughly 110 billion dollars in market cap within 24 hours, with Bitcoin and Ethereum sliding and a wave of liquidations rippling across majors and mid caps alike. Macro jitters did not help. Fresh headlines around US China trade tensions and tariff uncertainty weighed on risk assets, and even as President Trump signaled potential reversals, the damage was done. Whales added fuel to the fire, offloading positions in Solana, Aave, and Aster (SOL, AAVE, ASTER), triggering wider de-risking. Technicals reinforced the mood. Many large caps are pinned below key moving averages, momentum indicators point south, and buyers are struggling to reclaim control. Dogecoin (DOGE) is now firmly in a technical bear market, down more than a third since September and hovering near 0.18 dollars. The narrative tug of war around Bitcoin intensified. Economist Peter Schiff resurfaced the gold versus ...

As the sun sets on a bruising day for crypto, the market is still catching its breath. A sharp selloff erased roughly 110 billion dollars in market cap within 24 hours, with Bitcoin and Ethereum sliding and a wave of liquidations rippling across majors and mid caps alike. Macro jitters did not help. Fresh headlines around US China trade tensions and tariff uncertainty weighed on risk assets, and even as President Trump signaled potential reversals, the damage was done. Whales added fuel to the fire, offloading positions in Solana, Aave, and Aster (SOL, AAVE, ASTER), triggering wider de-risking. Technicals reinforced the mood. Many large caps are pinned below key moving averages, momentum indicators point south, and buyers are struggling to reclaim control. Dogecoin (DOGE) is now firmly in a technical bear market, down more than a third since September and hovering near 0.18 dollars. The narrative tug of war around Bitcoin intensified. Economist Peter Schiff resurfaced the gold versus ...