Crypto ends the day on a cautious note, still shaking off October’s historic whiplash. Bitcoin (BTC) is chopping between 110,000 and 115,000 after a large short bet and renewed whale selling dented confidence, and options desks report a tilt toward puts as traders hedge for more downside. That follows the October 10 flash crash that erased 20 percent from BTC and 50 to 80 percent from many altcoins in minutes, liquidating 19 billion in leverage and testing Bitcoin’s digital gold narrative. Analysts warn of short term fragility, with 110,000 seen as key support. Even so, big money is not stepping away. Corporate Bitcoin treasuries surged 38 percent in the third quarter, with 172 companies now sitting on more than 1 million BTC combined. On the Ethereum (ETH) side, BitMine snapped up 104,336 ETH for 417 million during the dip, while SharpLink raised 75.6 million through a share offering to bulk up an ETH treasury it already stakes for rewards. That accumulation theme extended to Cardano...
Welcome to Daily Crypto Talkies News, your ultimate source for latest and most relevant news, insights, and updates from the world of cryptocurrency. Our blog aims to provide valuable information to crypto enthusiasts for only learning purpose.
Join with us !
Download App Now