Bitcoin’s price could be due a move upwards as the supply of the leading cryptocurrency on exchanges shrinks.
That’s according to a researcher at data firm CryptoQuant, who wrote in a Monday report that bitcoin on exchanges has dropped to 2.67 million from 2.8 million since February.
The price of bitcoin was recently $83,485, unmoved over a 24-hour period but up 8% over the past 30 days after having its best quarter in years. Its surge in August and September has led a number of analysts to declare the bear market is over.
“If buying demand continues to improve while exchange supply remains low, BTC could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend,” the report by on-chain researcher Rei Researcher read.
It added: “More importantly, in recent weeks, bitcoin has recovered from its lows while exchange reserves have continued to decline. This is a notable development, suggesting that the supply readily available for trading is decreasing even as the market recovers.”
The report further noted that it was possible investors were taking bitcoin off exchanges to put in cold storage solutions.
Bitcoin’s price was mostly trading under $65,000 for the first half of 2026. The coin spent most of this year in a bear market following the all-time high of $126,080 it hit in October 2025.
But that all changed in August. News that the U.S. Treasury would double the size of its liquidity-support buyback operations, weakening the dollar but strengthening bitcoin and other non-yield bearing assets.
Now, the so-called debasement trade — where investors throw money at an asset to hedge against a currency losing its value — is hot again. Bitcoin is benefiting from the trade, analysts say, as it did in 2024 and 2025.
Bitcoin’s price is still more than 30% below its record.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Bitcoin investors who bought in one to two years ago finally got the exit they were waiting for. As the price climbed toward $88,000, that group sold heavily, and the rally ran out of road.
Who sold, and where
The selling came mostly from long-term holders, the patient cohort that usually sits tight through volatility. On-chain data from Glassnode showed this group taking profits as prices pushed higher.
Many of these holders bought during the 2025 rally, mainly when Bitcoin traded between $89,000 and $97,000.
In October 2026, long-term holders recorded their heaviest daily selling volumes of the year as Bitcoin neared resistance around $85,000.
That ceiling showed up between $85,000 and $87,000. Heavy sell walls on Binance capped the price, and those walls are essentially stacks of limit orders waiting to unload coins at set levels.
Spot Bitcoin ETFs offered no rescue. Flows were mixed, and the funds could not fully soak up the supply hitting the market.
On October 8, 2026, Bitcoin ETFs saw $487 million in net redemptions in a single day.
The leverage flush
Bitcoin traded between $83,000 and $87,000 through September and early October 2026. Then it slipped below $85,000.
The dip came on low trading volume. More than $2.4 billion in long liquidations followed during the early October pullback. These were traders who borrowed to bet on higher prices and were forcibly closed out when the market moved against them.
The research frames this as a leverage flush rather than a systemic collapse. Overextended bets got wiped out, but the broader structure held up.
Buyers stepped in around $81,000 to $82,000, where strong bids formed a support cluster. Large buy orders have been parked at $81,000 to $81,250 since early October 2026.
Profit-taking, not panic
Market data suggests the distribution is concentrated among early-cycle investors rather than a broad capitulation. Realized profits from long-term holders and exchange supply data both point to fading downward pressure near key support.
What this means for the market
QCP Capital expects Bitcoin to trade in a range of $80,000 to $90,000 for the fourth quarter of 2026. The firm sees accumulation likely between $80,000 and $82,000, with resistance near $88,000 to $90,000.
QCP Capital says the next leg depends on macro catalysts, especially the October Consumer Price Index report and shifts in ETF demand.
The supply side is the core problem for bulls. Long-term holders sitting on coins bought between $89,000 and $97,000 may keep selling into any rally that gets them close to breakeven.
With over $2.4 billion in long positions wiped out, the market is less crowded with fragile bets. Daily ETF flows will show whether institutions are returning after redemptions like the $487 million exit on October 8. The CPI print will set the macro mood. And the order books on venues like Binance will reveal whether the walls near $85,000 to $87,000 are thinning or being restocked.
If the $81,000 to $81,250 bids give way, the low end of QCP Capital’s range comes into play quickly. If new demand arrives and chews through the overhead supply, the $88,000 to $90,000 resistance zone becomes the next test.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Strive (NASDAQ: ASST) has added 3,311 Bitcoin valued at approximately $280 million to its corporate treasury, bringing its total holdings to 32,773 BTC. This development marks a significant expansion of the company’s cryptocurrency reserves as Strive accelerates its accumulation strategy.
Strive expands reserves as Bitcoin accumulation acceleratesA regulatory filing dated October 13 details Strive’s purchase of Bitcoin between October 5 and October 9. The company acquired the assets at an average price of about $84,500 per coin, factoring in all fees and expenses.
This latest acquisition boosted Strive’s Bitcoin reserves by 11.2% over just one week. The company’s BTC holdings rose from 29,462 BTC on October 2 to 32,773 BTC on October 9, documenting the largest weekly increase since its January merger with Semler Scientific. That merger added thousands of Bitcoin to Strive’s balance sheet.
Strive has been steadily building its Bitcoin reserves throughout 2026. In September, the company purchased 1,375 BTC for about $109 million, raising its holdings to 24,531 BTC at that time.
Despite continued cryptocurrency purchases, Strive reported increased liquidity. Cash and cash equivalents climbed from $284.7 million to $310.3 million during the reporting period, underscoring the company’s balanced financial approach.
In addition to Bitcoin, Strive reported ongoing exposure to Strategy’s preferred securities. The company holds 505,000 STRC shares, valued at roughly $50.3 million.
Mini dictionary: Semler Scientific is a publicly traded healthcare technology company. Its January merger with Strive resulted in the consolidation of significant Bitcoin holdings under Strive’s balance sheet.
Recent filings also reveal key changes in Strive’s share structure. The number of effective common shares increased from 100.94 million to 110.39 million, reflecting a rise of 9.4 million shares or around 9.4% over the reporting period.
Although the company’s Bitcoin reserves expanded by 11.2%, the increase in outstanding shares means that Bitcoin per effective common share rose by only about 1.7%. This detail is crucial for investors seeking exposure to Bitcoin through company shares.
MetricBefore (Oct 2)After (Oct 9)Change (%)Bitcoin holdings (BTC)29,46232,773+11.2%Common shares outstanding100.94 million110.39 million+9.4%Bitcoin per share0.29160.2966+1.7%This phenomenon highlights a common dynamic in Bitcoin treasury firms, where larger share issuance can dilute the per-share benefit of rising cryptocurrency reserves. Bitcoin treasury stocks may not provide shareholder exposure directly proportional to the growth in reserves.
In addition to expanding its common share base, Strive increased the number of SATA preferred shares by 532,094, bringing the total to around 14.03 million. This illustrates Strive’s continued use of various financial instruments to support its capital strategy.
Strive reported that while its total Bitcoin reserves surged, the impact on Bitcoin exposure for each ASST share was tempered by a corresponding increase in the company’s outstanding shares.
Arch Lending becomes a founding private-sector supporter of the Altgeld Bitcoin Reserve, a community-owned Bitcoin reserve in Chicago's Altgeld Gardens recognized by the Illinois House
, /PRNewswire/ -- Arch Lending, the U.S.-based alternative-asset lending platform operated by ChainFi, Inc., today announced its support for the Altgeld Bitcoin Reserve (ABR), a community-owned Bitcoin reserve established in Altgeld Gardens, a Chicago Housing Authority community on the city's far South Side.
Arch Lending has committed to match the reserve's existing holdings, alongside support for ABR's community education and financial-literacy programming. The announcement comes on the eve of the first anniversary of ABR's recognition by the Illinois House.
Arch and ABR Partner
The Altgeld Bitcoin Reserve was founded in early 2025 by Tolbyus Shephard, who grew up in Altgeld Gardens, with the support of Bernadette Williams, president of the Altgeld Gardens Local Advisory Council. On October 14, 2025, the Illinois House adopted House Resolution 446, which recognized ABR as the nation's first community-run Bitcoin reserve and commended Altgeld Gardens for its leadership in financial empowerment.
Altgeld Gardens: A History of Resilience and Community Empowerment
Built in the 1940s to house Black World War II veterans, defense workers, and their families, Altgeld Gardens has a long history of community organizing and resilience.
The neighborhood later became known as the "Toxic Doughnut" because of the industrial pollution, landfills, and waste facilities surrounding it. Resident Hazel Johnson became a pioneer of the environmental justice movement, founding People for Community Recovery in 1979 to campaign for safer living conditions. In the 1980s, a young Barack Obama worked alongside Altgeld residents as a community organizer, years before becoming President of the United States.
For Tolbyus Shephard, who grew up in Altgeld Gardens, the reserve builds on that history by creating a community-owned financial asset intended to benefit future generations.
"As someone who grew up in Altgeld Gardens, I founded the Altgeld Bitcoin Reserve (ABR) with a simple belief: if nations, states, wealthy individuals, and major institutions can build long-term financial reserves to secure their futures, why can't underserved communities do the same? Our communities deserve the opportunity to build, own, and preserve wealth for generations to come," said Tolbyus Shephard, founder of the Altgeld Bitcoin Reserve.
Ownership rather than programming
ABR was built around a question that community development rarely asks: not what programs a neighborhood receives, but what it can permanently own.
The reserve operates under multisignature custody with public proof-of-reserves, allowing residents and the public to verify its holdings directly on the Bitcoin network. Its governing framework prohibits speculative trading, lending, leverage, private withdrawals, and personal enrichment. Reserve Bitcoin is not loaned, pledged as collateral, or rehypothecated under any circumstances.
Alongside the reserve, ABR runs financial-literacy and Bitcoin education programming for residents, including the ABR Bitcoin School for young people, parents, and seniors without technical or financial backgrounds. In March 2026, the organization held a community summit at the Altgeld Community Center, bringing residents together with local leaders.
"Most of what reaches a community like Altgeld arrives as a program, and programs end," said Himanshu Sahay, Co-Founder of Arch Lending. "An asset the community holds and can independently verify is a different proposition. We are supporting this as a contributor, not as a lender. The Bitcoin belongs to the reserve, and nothing about our involvement changes that."
"Altgeld has received investment before. What it has not had is something it owns outright and can pass on," said Shephard. "Private partners taking this seriously is what moves it from an idea to something residents can see."
"A year ago, the Illinois House recognized Altgeld Gardens as home to the nation's first community-run Bitcoin reserve," said Illinois State Representative John M. Cabello, Assistant Minority Leader. "This reserve has always been about education, resilience, and generational wealth for underserved neighborhoods. Private partners stepping in to support it is the kind of innovation and community-centered progress we should be encouraging across Illinois."
A model built to be repeated
ABR describes Altgeld Gardens as a proof of concept for a broader Community Bitcoin Reserve framework, with common standards for custody, transparency, education, and governance that other communities could adopt. The organization has engaged officials in Chicago and Illinois about how such a model might be supported, and related legislation remains under consideration in the Illinois General Assembly.
Arch Lending receives no ownership interest, repayment right, investment return, or governance authority in the reserve, and does not control reserve transactions.
ABR is also open to additional community and private-sector contributions as it works to grow the reserve and expand its financial-literacy and Bitcoin education initiatives.
Supporting the Altgeld Bitcoin Reserve
Individuals and organizations can donate Bitcoin directly to the reserve through communitybitcoinreserve.org. Select Altgeld Gardens using the orange marker on the map, scroll to the bottom of the page, and generate a Bitcoin address. Donations made this way go directly to the Altgeld Bitcoin Reserve.
About Arch Lending
Arch Lending is a U.S.-based lending platform that lets holders of alternative assets borrow against their holdings without selling. It supports Bitcoin, Ethereum, Solana, XRP, PAX Gold, and Tether Gold as collateral. Eligible client assets are held 1:1 in segregated custody with Anchorage Digital, a federally chartered bank and qualified custodian, and are not rehypothecated. Arch Lending is operated by ChainFi, Inc. Learn more at archlending.com.
About the Altgeld Bitcoin Reserve
The Altgeld Bitcoin Reserve is a Bitcoin-only, long-term community reserve established in Altgeld Gardens, Chicago. It was recognized by the Illinois House through House Resolution 446 in October 2025. Learn more at communitybitcoinreserve.org.
Metaplanet raises 52 billion yen, or 328 million dollars via zero-coupon bonds, to restructure its debt and buy back its own shares. A major maneuver that secures its 44,000 Bitcoins without liquidation risk.
In brief Metaplanet issues 52 billion yen of zero coupon convertible bonds due 2031. The company Metaplanet repays 23.6 billion yen of Bitcoin-backed debt. An amount of 28.3 billion yen is allocated to buy back the company’s own shares. This financial strategy protects the entire war chest of 44,000 Bitcoins held. The Japanese company listed on the Tokyo Stock Exchange (TSE: 3350) continues to make waves in the corporate world and the world of Bitcoin(BTC). Metaplanet officially announced the issuance of yen convertible bonds called “Euro-Yen” with zero coupon due 2031 for a total amount of 52 billion yen, or approximately 328 million dollars. According to the excerpt from Metaplanet’s official statement:
The issuance of these bonds aims to improve the company’s debt structure and ensure financial flexibility by replacing part of our existing interest-bearing borrowings with long-term, unsecured, interest-free funds.
Thanks to this zero rate (0%) structure, the company secures long-term capital over 5 years without burdening its income statement with monthly interest. At the end of September 2026, the company’s cash already amounted to 44,000 bitcoins, confirming its position as an Asian giant in digital asset reserves.
The net proceeds from this fundraising estimated at about 51.9 billion yen have been allocated to two clear strategic objectives:
Repayment of Bitcoin-collateralized loans (~23.6 billion ¥): Metaplanet will use about 23.6 billion (149.2 million dollars) yen starting November 2026 to repay part of its Bitcoin-backed credit line. This decision aims to bring the debt ratio back below the maximum threshold of 10% of the net asset value of Bitcoin held (BTC NAV).
Massive share buyback program (~28.3 billion ¥) Between October and December 2026, up to 28.3 billion yen (178.9 million dollars) will be allocated to buy back treasury shares. This share buyback program allows absorbing up to 8% of the shares outstanding, a powerful lever to increase the value per share for all investors.
By replacing short-term debt backed by volatility with long-term interest-free capital, Metaplanet eliminates any risk of forced sale (liquidation) of its Bitcoin reserves in case of temporary market decline. Here is a summary of the key figures of the operation:
Indicator / ParameterValue & DetailsTotal amount raised52.0 billion ¥ (~328 million $)Type of securityZero coupon convertible bonds (due 2031)Interest rate (Coupon)0.0 %
BTC debt repayment~23.6 billion ¥ (planned in Nov. 2026)Treasury share buyback~28.3 billion ¥ (up to 8% of capital)Current Bitcoin reserves44,000 BTC (as of 09/30/2026) By adopting a financial engineering inspired by Strategy, Metaplanet strengthens its balance sheet while protecting its 44,000 bitcoins. This cleanup plan eliminates liquidation risk and enhances shareholder value in the long term.
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
The leading cryptocurrency, Bitcoin, has been experiencing volatile movements in recent days. With its price fluctuating between $81,000 and $84,000, reports suggest the bear market for BTC is over.
The CEO of CryptoQuant stated that the bear market cycle in Bitcoin has ended and shared his expectation of either upward or sideways movement in the next 12 to 24 months.
Ki Young Ju, CEO of the cryptocurrency analysis platform CryptoQuant, stated today on his X account that Bitcoin’s bear market cycle has ended. Ju indicated that he expects Bitcoin’s price to either rise or remain relatively stable within the next 12 to 24 months.
“The Bitcoin bear cycle has ended, and price movement, either upward or sideways, is expected for the next 12-24 months.”
Ju’s assessment suggests that, rather than expecting a continued downturn in Bitcoin, the market may enter an uptrend or consolidation phase in the coming period.
Is a New Era Beginning for Bitcoin? This post has brought the medium and long-term price expectations for Bitcoin back into the spotlight. Ju’s statement stands out as a noteworthy assessment in terms of expectations regarding the current market cycle.
However, the CryptoQuant CEO did not set a specific price target for Bitcoin in his post. Therefore, the assessment is not a guarantee that Bitcoin will definitely rise, but rather a prediction of the possible direction of the market.
At this point, Ju’s prediction doesn’t mean the price will rise uninterrupted. Price fluctuations are possible due to geopolitical developments, uncertainties, and macroeconomic data affecting the cryptocurrency market and prices.
*This is not investment advice.
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Wealth Enhancement Advisory Services has raised its Bitcoin ETF holdings from $22 million to $33 million, according to its latest Form 13F filing for the second quarter of 2026.
What the filing shows
Wealth Enhancement Advisory Services, LLC is a registered investment advisor and a subsidiary of Wealth Enhancement Group. An RIA is a firm that manages money for clients and owes them a fiduciary duty, meaning it is legally required to act in their best interest.
The firm’s total assets under management sit at around $120 billion. Its 13F-reported equity and ETF positions were estimated at about $59.8 billion as of June 30, 2026.
The 13F is a quarterly disclosure that large institutional managers file with the SEC, covering their stock and ETF holdings at quarter end.
A spread across several funds
The Bitcoin exposure is not concentrated in a single product. The firm holds a stake in the Fidelity Wise Origin Bitcoin Fund (FBTC), along with the ARK 21Shares Bitcoin ETF (ARKB) and the VanEck Bitcoin ETF (HODL).
The FBTC position was valued at approximately $4.2 million as of June 30, 2026, down from earlier valuations in the $11 million to $15 million range. So the overall Bitcoin ETF number rose while the Fidelity position shrank.
The roster also includes BITX, a leveraged product, and QBF, a structured product.
The broader institutional picture
13F filers collectively raised their Bitcoin ETF positions by approximately 1.3% during the second quarter of 2026, despite overall ETF outflows over the same period.
Bitcoin ETFs also accounted for 22.4% of total US spot ETF AUM in the quarter.
Wealth Enhancement Group has grown largely through acquisitions, and that expansion has brought portfolio diversification that now includes Bitcoin ETF exposure.
What this means
The shrinking FBTC stake alongside a larger total is worth flagging for anyone tracking issuer competition. Spot Bitcoin ETFs hold essentially the same underlying asset, so issuers compete on fees, liquidity and distribution relationships, and allocations can shift between them without any change in overall Bitcoin conviction.
The presence of leveraged and structured products like BITX and QBF points to varied client needs. 13F data arrives after the quarter closes, so it shows where a firm stood, not where it stands today.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Super League Enterprise has bought its first Bitcoin. Just one, for $83,041.40.
The Nasdaq-listed company (NASDAQ: SLE) made the purchase days before shareholders vote on a deal that would bring 2,100 Bitcoin onto its books.
One coin, filed with the SEC
The purchase happened on October 10, 2026. Super League disclosed it in an SEC Form 8-K filed on October 13.
The company framed the buy as a first step. It is exploring Bitcoin as a treasury asset that would sit alongside its cash. It did not announce a formal commitment.
CEO Matt Edelman described the transaction as an inaugural acquisition. He tied it to the company’s plan to combine a Bitcoin treasury strategy with its existing gaming and media operations.
The Metaplanet deal waiting in the wings
Super League signed an agreement with Metaplanet Inc. (TSE: 3350) on August 18, 2026.
Metaplanet is Japan’s third-largest corporate Bitcoin holder globally. Under the deal, it plans to contribute 2,100 Bitcoin plus $2.5 million in cash.
In exchange, Metaplanet would receive approximately 95.7% of Super League’s common stock.
The treasury contribution from Metaplanet was initially valued at around $132 million in August. By early October, that figure had risen to about $179 million.
Shareholders are scheduled to vote on the deal on October 16, 2026. If approved, closing is expected in the fourth quarter of 2026.
After closing, Super League would take a new name: Superplanet Inc.
The agreement also includes a 5-year lock-up on Metaplanet securities once the transaction closes.
Why buy one coin first
Buying a single Bitcoin before receiving 2,100 of them does serve a practical purpose. Holding even one coin forces a company to sort out custody, accounting treatment and internal controls.
Those systems need to work at scale if the Metaplanet deal closes. Starting small lets the company test the plumbing while the stakes are low.
What this means for shareholders and the market
For existing Super League shareholders, the October 16 vote is the main event. Approval would dramatically change the company’s balance sheet and ownership structure.
With Metaplanet set to own approximately 95.7% of the stock, current holders would control a small slice of a much larger, Bitcoin-heavy company.
The jump in deal value from about $132 million to roughly $179 million reflects Bitcoin price movement between signing and the vote.
For Metaplanet, the deal offers a path into US markets through a Nasdaq listing. The combined company aims for access to both US and Japanese financial markets.
Edelman’s stated intent is to run the Bitcoin treasury alongside existing operations, not instead of them.
The shareholder vote lands on October 16, 2026, and closing is targeted for the fourth quarter. Until then, Super League’s Bitcoin treasury consists of exactly one coin.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Tesla, led by CEO Elon Musk, now reports Bitcoin holdings valued at approximately $960 million, reflecting the company’s persistent position as one of the largest corporate holders of the cryptocurrency. Despite significant price fluctuations in the crypto market, Tesla’s Bitcoin portfolio has remained largely unchanged since 2022, underscoring the firm’s commitment to its digital asset strategy.
Consistent corporate Bitcoin backingThe electric vehicle giant first entered the cryptocurrency market in February 2021, purchasing $1.5 billion worth of Bitcoin in a move that captured headlines across the financial sector. Shortly after, as Bitcoin reached record prices, Tesla’s holdings temporarily exceeded $2 billion, peaking around $2.5 billion at one stage.
Throughout the crypto market’s volatility, many corporations reduced or liquidated their Bitcoin positions. Tesla, however, has largely maintained its stake, demonstrating a different approach from its peers. Only select adjustments were made, primarily in 2021 and 2022, when the company sold some of its assets during periods of market stress.
As reported by Arkham, a blockchain analytics platform, Tesla currently holds 8,430 BTC, with the last major asset movement taking place following the May 2022 market downturn, which was linked to the LUNA collapse.
Mini dictionary: Arkham is a blockchain intelligence platform that tracks and analyzes on-chain asset flows, providing data transparency for digital asset markets.
Bitcoin holdings surge despite market volatilityTesla’s crypto journey has included several high-profile transactions. After its landmark buy in early 2021, the company sold 4,670 BTC to secure liquidity and later made further adjustments during tumultuous market conditions. Nonetheless, Tesla’s remaining Bitcoin balances stayed steady at roughly 8,430 BTC throughout 2022 and beyond.
When Tesla acquired its current Bitcoin holdings, the total value stood at about $250 million, reflecting a much lower BTC price in 2021. Recent market appreciation to around $960 million marks an increase of more than $710 million over the past four years, excluding realized gains from prior sales.
This significant valuation gain places Tesla among the most prominent corporate holders of Bitcoin globally. Industry analysts see this as a demonstration of long-term confidence in the digital currency’s potential.
Tesla’s steadfast approach has resulted in a marked increase in the value of its Bitcoin holdings, ensuring it remains a leading example of large-scale corporate participation in the crypto market.
Tesla continues to maintain its position amid renewed interest and ongoing volatility in digital assets. The firm’s total paper gains from its Bitcoin investment, now estimated at over $710 million, highlight both the rewards and risks facing publicly traded companies entering the crypto sector.
YearBTC HoldingsValue at AcquisitionCurrent Value2021~8,430 BTC$250 million$960 millionTesla’s notable Bitcoin position continues to fuel conversations about corporate crypto treasury strategies and the evolving role of digital assets in mainstream finance.
Bitcoin has remained range-bound in the low-to-mid $82,000s to $83,000s into mid-October 2026, trading with limited directional conviction after failing to deliver the stronger seasonal advances historically associated with the month.
Daily closes have clustered near these levels following a brief dip toward the low $81,000s earlier in the period, while broader market capitalization stayed near $1.68 trillion and 24-hour volumes fluctuated in the tens of billions.
On-chain trackers highlighted a notable transfer of roughly 4,582 BTC, valued near $378 million, from a wallet that had been largely dormant for years. The address originally received the coins in March 2020 when they were worth about $41 million.
The funds moved to multiple recipient addresses without an immediately confirmed exchange deposit, consistent with internal reallocation rather than an outright market sale.
Similar long-dormant movements earlier in the month drew comparable attention but did not produce sustained selling pressure.
Ethereum faces a potential reduction in steady institutional demand. BitMine chairman Tom Lee stated at TOKEN2049 that the firm intends to halt further accumulation once its holdings reach 5 percent of circulating supply.
With more than 6 million ETH already held—approximately 4.9 percent of the total and valued near $15 billion—the company needs only about 100,000 additional tokens to hit the threshold.
Lee noted the pace of accumulation had exceeded internal expectations despite a challenging market backdrop.
Market observers have flagged the impending end of weekly purchases as a possible source of softer bid support for ETH, which has underperformed Bitcoin in recent sessions.
XRP traded near $1.37 as Evernorth, the newly public vehicle holding roughly 473 million tokens, began trading on Nasdaq under the ticker XRPN following its SPAC combination.
A portion of the treasury—about 84 million XRP acquired for roughly $214 million at an average near $2.54—now sits approximately 46 percent underwater at current prices.
Most of the remaining holdings originated from Ripple-linked contributions rather than open-market purchases.
The share price itself has been volatile, reflecting both the thin post-redemption float and the decline in XRP from earlier levels.
Despite elevated volatility across digital assets, the Solana ecosystem continues to post constructive on-chain metrics.
September data showed strong DEX volumes, rising stablecoin supply above $17 billion at peaks, substantial tokenized-equity activity, and sustained network throughput following capacity upgrades.
Application revenue and real-world asset issuance have remained resilient even as pure memecoin volumes moderated relative to prior peaks.
Against this backdrop, Nasdaq-listed SkyAI has recently disclosed it had sold approximately half its SOL treasury—around one million tokens—to fund a proposed cash tender offer of up to $201 million.
The company intends to repurchase as much as 95 percent of eligible shares and warrants at $3 each, conditional on sufficient participation and SOL remaining above $100 during the offer window, while also rejecting an all-stock proposal from Forward Industries.
Turning to other large-cap assets, BNB has hovered in the mid-$740s to low-$750s, testing the lower boundary of an analyst-outlined October channel near $755.
Technical commentary has been mixed: some frameworks flag a potential broadening-wedge risk toward the mid-$500s if support fails, while others still project a path toward the $800 area if the channel holds and the recent quarterly burn narrative supports sentiment.
BNB Chain has also faced competitive pressure in tokenized-stock volumes as activity shifted toward higher-throughput networks.
Cardano’s ADA has traded near $0.23–$0.25 after pulling back from recent highs, underperforming the broader market on several sessions.
Analysts point to technical breakdowns below short-term moving averages and reduced institutional flows, though longer-term support near the 200-day average and ongoing governance and partnership activity (including research initiatives) provide a floor.
Targets in the high $0.20s remain discussed if buyers defend the current zone, but open interest has softened.
Hyperliquid’s HYPE has pulled back from its September peak near $98 toward the low-to-mid $80s amid elevated selling volume and an upcoming token unlock.
The protocol continues to generate meaningful fee revenue that funds buybacks and burns, supporting the longer-term valuation case around its perpetual futures and expanding product suite.
Near-term technicals show the token below key moving averages, with $80–$85 acting as immediate support and $90-plus required to re-establish bullish momentum.
Zcash has corrected from recent multi-month highs near $1,300 toward the low $1,100s–$1,200s, reflecting profit-taking after a strong year-to-date advance that lifted it into the top-ten rankings by market capitalization (excluding stablecoins).
Privacy-focused demand and ETF-related filings have underpinned the longer-term narrative, though short-term momentum indicators have turned softer.
Tron continues to serve as a primary settlement rail for USDT, holding roughly half of circulating Tether supply and adding billions in stablecoin balances during the third quarter.
The network’s low-cost, high-throughput design for dollar transfers remains a structural advantage even as other chains compete for payment and DeFi flows.
Stablecoin market capitalization has approached or exceeded $300 billion. Tether’s USDT retains dominant share near 60–61 percent, while Circle’s USDC holds roughly 24 percent.
Combined, the two account for the large majority of supply.
Growth has been uneven across chains, with Tron and select Layer-2 and high-performance networks capturing incremental issuance while Ethereum’s share has moderated.
Regulatory developments around yield-bearing and payment-focused stables continue to shape issuance patterns and holder behavior.
Overall, Bitcoin’s tight range and selective on-chain activity set a cautious tone, while ecosystem-specific developments in Ethereum, XRP, and Solana illustrate divergent treasury and adoption dynamics. Analyst views remain split between technical support levels and the impact of reduced buying programs or unlock schedules across several large-cap tokens.
Sberbank, Russia's largest bank, has received approval to offer Bitcoin, Ethereum, and USDT transactions.
Sberbank, Russia’s largest bank, has received approval from the Central Bank of Russia to offer cryptocurrency trading services. The bank is reportedly beginning to test Bitcoin, Ethereum, and USDT transactions within its mobile application.
Sberbank reportedly plans to open cryptocurrency transactions to all its customers starting December 1st. This will allow users to access supported digital assets through the bank’s app without having to send funds to a separate cryptocurrency exchange.
In early October, Sberbank was also added to the list of digital custodians responsible for maintaining records of cryptocurrency assets and digital rights.
The bank stated that the authorizations granted will enable the provision of cryptocurrency services through the banking platforms that customers currently use.
Sberbank has announced plans to launch its first cryptocurrency products on December 1, 2026.
Besides Sberbank, eight other companies are on the list of authorized cryptocurrency trading platforms. These include VTB and T-Bank, two of Russia’s major banks, as well as T-Invest Lab, which operates within the same group.
The law on digital currencies and digital rights, which came into effect in Russia on September 1, 2026, created a comprehensive legal framework for cryptocurrency transactions in the country.
According to the new regulation, cryptocurrency transactions can be carried out through existing exchanges, brokerage firms, and custody service providers. In addition, specially authorized cryptocurrency exchanges and digital custody organizations can also operate.
While digital assets can be bought and sold through cryptocurrency exchanges, digital custody institutions ensure that the rights to these assets are registered.
*This is not investment advice.
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Russia clears Sberbank for crypto trading ahead of December launchRussia’s largest bank, Sberbank, has secured crypto exchange authorization as it prepares to offer Bitcoin, Ether and Tether USDt trading.
Sberbank, Russia’s largest lender, has secured the central bank’s approval to trade cryptocurrencies, including Bitcoin, ahead of a planned December launch.
The Bank of Russia’s updated register, dated Tuesday, lists 10 authorized crypto exchange operators and six digital custodians, up from four and five, respectively, a week earlier. The lists include major lenders Sberbank and VTB alongside nonbank companies such as T-Invest Lab and Atomyze.
Sberbank previously said it plans to launch crypto products supporting Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) on Dec. 1, 2026, through its existing SberBank Online, SberInvestments and SberBusiness platforms.
Sberbank has already begun testing crypto purchases, sales, deposits and withdrawals through its SberBank Online app, Russian business newspaper Vedomosti reported on Thursday, citing the bank’s press office. The bank said the final launch timeline depends on additional central bank regulations.
The registrations follow the Sept. 1 entry into force of Russia’s new crypto rules, which placed exchange operators and custodians under central bank oversight. The country still prohibits using cryptocurrencies to pay for goods and services.
Sberbank was among the first companies to secure digital custodian status last Tuesday.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Bitcoin (CRYPTO: BTC) continues to outperform altcoins like Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), which have dropped between 2% and 5% over the past 24 hours.
Only 11 of 66 large-cap altcoins finished last week higher, while Bitcoin dominance climbed toward 59.5%.
On the other hand, U.S. spot Bitcoin ETFs recorded $679 million in weekly outflows, their largest since late June, while Ethereum ETFs shed $542 million.
Why BTC Dominance Rises As Altcoins StruggleProminent crypto analyst Benjamin Cowen warned that Bitcoin dominance (BTC.D) may continue climbing as monetary policy moves toward a more restrictive stance. It could eventually revisit its 2025 highs before a sustained decline.
Unlike the previous cycle, he does not expect BTC.D to rise indefinitely.
Cowen pointed to rising interest rates and strengthening U.S. dollar as major headwinds for altcoins, suggesting that capital could increasingly favor Bitcoin.
He believes eventual interest rate cuts and a weaker dollar could trigger renewed strength in altcoin-to-Bitcoin trading pairs, potentially pushing BTC.D towards the low-50% or even upper-40% range.
Cowen expects altcoins to continue losing ground against Bitcoin until monetary conditions become more accommodative, potentially a year or two away.
Will Support Hold Before The Next Rally?Heavily followed analyst Kevin warned that Bitcoin faces a deeper correction ahead of CPI data, with $77,000 to $83,000 as critical support.
Holding this range could trigger a rally toward $93,000 to $100,000, while a breakdown risks a decline to $67,000 to $76,000.
He favors a pullback to establish a bullish higher low before a more sustainable rally in late 2026 or 2027, with altcoins potentially facing steeper losses.
What’s Next?Wintermute’s Oct.13 report identified two major catalysts needed for a sustainable crypto recovery:
A breakout in 30-year Treasury yields above 5.64% or BTC’s repeated failure to hold $82,500 would strengthen the bearish outlook. Wednesday’s CPI report could reveal whether higher energy costs are fueling broader inflation, potentially strengthening expectations for further Fed rate hikes. The research firm remains constructive on Bitcoin’s longer-term outlook but cautioned against chasing altcoin rallies until liquidity conditions improve.
The days following the one-year anniversary of the “10/10” crypto crash have seen significantly volatile price action. Bitcoin climbed back above $83,000 on October 13 after briefly falling below $81,000 late Monday night. This decline followed a period when Bitcoin hit the $87,000 level several times in late September and early October. $BTC now trades around $83,100, although it remains down 3.2% over the past 7 days.
Altcoins have suffered steeper declines. $SOL fell 11% over the past week, while $HYPE dropped 13%, $DOGE lost 12%, $XRP declined 10%, and $ETH fell 8%.
$SOL briefly slipped below $102, reaching its lowest level in almost a month before recovering to around $107. Despite the rebound, $SOL remains down 3.2% over the past 24 hours and 11% over the week.
$812M in Liquidations Deepen the Sell-Off Crypto markets recorded $811.79 million in liquidations over the past 24 hours, according to CoinGlass. A total of 169,779 traders were liquidated.
Long positions accounted for $689.11 million, representing approximately 84.5% of total liquidations. Short positions contributed $126.12 million.
The largest individual liquidation order reached $9.65 million on Binance's BTCUSDT market. Binance accounted for 50.4% of the liquidation volume shown on the dashboard.
Crypto Sentiment Slides Toward Neutral Investor sentiment has weakened alongside prices. CoinMarketCap’s Crypto Fear & Greed Index fell to 55, placing the market in neutral territory. The index stood at 67 a week ago and reached 82 in August, its highest reading of the year.
The decline signals a cooling in risk appetite after the market's earlier period of extreme greed.
Solana ETFs Record First Weekly Outflows Since June U.S. spot Solana ETFs have experienced 6 consecutive days of net outflows. Last week, the funds recorded $24.8 million in net outflows, marking their first negative week since June.
The slowdown follows a strong period of demand. During the week ended September 25, the funds attracted more than $188 million in net inflows, their strongest weekly performance since launching in 2025.
Solana's ETF outflows form part of a wider retreat from U.S. spot crypto investment products. Last week, spot Bitcoin ETFs recorded $681.1 million in net outflows, their largest weekly outflow since June, while Ethereum ETFs lost $542 million, their biggest weekly outflow since January.
The selling continued into this week. Yesterday, October 12, U.S. spot Bitcoin ETFs recorded $65.4 million in net outflows. Meanwhile, spot Ethereum ETFs recorded $85.4 million in outflows on October 12, extending their losing streak to 10 consecutive sessions.
Against this backdrop, Solana ETFs' 6 consecutive days of outflows and last week's $24.81 million in net redemptions reflect a broader pullback in demand for crypto investment products rather than an isolated shift away from $SOL.
Solana Treasury Companies Take Different Paths SkyAI confirmed on October 12 that it had recently sold approximately 1 million $SOL, worth more than $106 million at current prices. The sale represents nearly half of its holdings, as the company plans to repurchase up to $201 million in shares and warrants. The confirmation followed $114.87 million in $SOL transfers to exchanges over the weekend.
DeFi Development Corp took the opposite approach, purchasing 22,070 $SOL worth approximately $2.43 million over the past week. The acquisition brought its holdings to 2,586,282 $SOL, valued at around $284.9 million, representing a 12% increase since August 12.
Strategy Adds Bitcoin as Saylor Signals More Purchases Michael Saylor's Strategy acquired about 250 BTC, worth $21 million, last week and repurchased $192 million in its STRC preferred shares.
The company now holds approximately 848,250 BTC, acquired at an average price of $75,444. Its holdings represent more than 4% of Bitcoin's 21 million supply cap and imply approximately $6.6 billion in unrealized gains at current prices.
Saylor frontran the announcement by posting another Bitcoin acquisition tracker on X on Sunday with the caption, "There's always room for more orange."
As crypto markets enter a consolidation phase after the August and September rally, market participants will do well to monitor upcoming catalysts such as Wednesday’s U.S. inflation data and the midterm elections.
Read More on SolanaFloor Solana Reclaims Weekly Dominance in Tokenized Equity Trading
Pando Launches Hong Kong’s 2nd Solana ETF as U.S. Funds Record $24.8M in Outflows
Just recently, Binance has made an announcement that it will close Binance Pool mining service operations by November 10, 2026, at 07:00 UTC. As a result, affected miners will have to join other companies. The company tweeted:
As part of our ongoing review of products and services, Binance will discontinue Binance Pool and related services on 2026-11-10 at 07:00 UTC. This includes Pool Savings, Cloud Mining, Transaction Accelerator, and related features.
In accordance with the news, the termination will stop all mining connectivity and mining share submissions after the specified date. The other services like Pool Savings, Cloud Hashrate, Transaction Acceleration and mining pool API services provided by Binance will also be terminated.
Even though Binance Pool is going to close down, it does not mean that the mining of bitcoin will cease. This is mainly because Miners can contribute mining computing power in other competing pools.
Will Binance Pool’s Closure Affect BTC Prices? The immediate impact on Bitcoin (BTC) prices could remain limited if miners migrate successfully and maintain their operations. Since the announcement, BTC miners’ activity has not changed as such.
Bitcoin miner outflows have just slightly increased but there is no notable landslide move or behavioural change. The distribution is still conforming to normality. However, the analysis is based on the recent data, just hours after the announcement.
Source: CryptoQuant As per the announcements, miners can join mining pools to pool their computational power and get more reliable payouts. In this regard, the shutdown of Binance Pool will likely lead to a redistribution of the hashrate between competing pools rather than its total elimination.
Nevertheless, some delays during switching to another pool can cause idle time of the mining hardware and decrease profits of the corresponding miners. In case of increased pressure on miners financially, some may be forced to sell their Bitcoins, which will result in additional selling pressure.
Either way, the above-mentioned situation cannot be considered confirmed by the announced news. Time will tell.
As it stands, Binance’s announcement has not resulted to any significance change on either BTC or its native token, BNB. At the time of writing BTC has just booked a 0.05% drop while BNB has dropped by 1.48%.
Bitcoin briefly climbed back above $84,000 on October 13 before retreating as a broad Asian equity rout deepened across major markets and dragged global risk appetite lower.
The move shows how closely crypto still tracks equities, while on-chain data paints a more constructive picture.
Bitcoin (BTC) Price Performance. Source: CoinGeckoMarket Forces Behind Bitcoin’s MoveRisk-off sentiment is the mood that takes hold when investors move money from volatile assets into cash or bonds. Bitcoin often trades in step with stocks during such periods, so traders watch its reaction closely.
The selling started in Asia. South Korea’s Kospi fell by as much as 7%, while chip giants Samsung and SK Hynix tumbled 7% to 10%.
Japan’s Nikkei 225 slipped about 2%, while Taiwan and other regional indices also declined sharply. Asian equities lost more than $800 billion as the sell-off intensified.
Renewed doubt about the artificial intelligence boom triggered the sell-off. Reports of progress by China’s ChangXin Memory Technologies on higher-density memory chips raised fears for established rivals.
Bitcoin has held up better than equities, yet it remains closely tied to risk assets. Earlier this month, it slipped below $84,000 after reaching the $86,000-$87,000 range.
Forced sales of long positions added pressure as leveraged traders unwound bets. According to CoinGlass data, crypto liquidations totaled $812.26 million over the past 24 hours, affecting 169,570 traders.
Long positions made up about 84.3% of that total, or roughly $685.12 million. Bitcoin accounted for the largest share, with about $193.24 million in liquidations, nearly 74% of which were long positions.
Crypto Market Liquidation Heatmap. Source: CoinglassWhat Are the Key Levels to Watch for Bitcoin?Bitcoin price has support between $80,000-$82,000. A decisive break below that zone could trigger further liquidations. Bitcoin faces resistance between $84,000-$87,000. A sustained move above that band could open a path toward $100,000.
Macro events will likely dominate sentiment in the weeks ahead. U.S. inflation data, corporate earnings from technology firms, and shifts in Federal Reserve expectations could all move markets. Elevated Treasury yields and oil prices above $100 a barrel continue to weigh on speculative assets.
On-chain data offers a more constructive view. Exchange supply of Bitcoin continues to shrink, a trend that could support a rebound if buying demand improves. Spot ETF flows have turned positive on some days, providing a degree of institutional support.
Bitcoin: Exchange Reserve – All Exchanges. Source: CryptoQuantFor investors following the market, the key question is whether the equity sell-off fades quickly. If it does, Bitcoin could regain momentum; if not, the support zone near $80,000 will face a test.
For now, Bitcoin is navigating a classic risk-asset environment. Traders will watch whether $84,000 becomes a reliable floor or another rejection zone.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Cleveland Fed President Beth Hammack said that restrictive monetary policy is appropriate to return inflation to 2%. She also favors making smaller rate adjustments quickly rather than waiting and risking a larger correction later.
Rate futures now point to a hike in December, and the US dollar sits near an 18-month high. Meanwhile, Bitcoin (BTC) has slipped in October, historically one of its strongest months.
Why Hammack Wants the Fed to Move Early and in Small StepsHammack, a voting member of the Federal Open Market Committee (FOMC), spoke at the National Association for Business Economics annual meeting. She said the breadth of current price pressures means inflation will take some time to reach 2%.
August data shows the size of that gap. The personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge, rose 3.4% annually. Core PCE, which excludes food and energy, came in at 3%.
Inflation has now run above target for more than five years. Hammack said long-run inflation expectations have stayed anchored through that stretch, but she warned against taking that for granted.
“With each passing month, persistently elevated inflation raises the risks of an inflationary mindset becoming entrenched in the economy,” Hammack said.
The Fed has already started tightening. It raised rates in September for the first time in 3 years, and minutes from that meeting signaled another hike without a timeline. Hammack also raised the prospect of hikes in July, linking artificial intelligence (AI) demand to price pressure.
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Rate Bets and a Stronger Dollar Test Bitcoin’s UptoberTraders expect that next hike to come in December. CME FedWatch data shows an 84.7% chance of a move at the December 9 meeting.
Most of that probability, 69%, sits on a 25 basis point hike. For October 28, traders see a 79.5% chance of a hold, up from 51% a month earlier.
Target Rate Probabilities for the December 9, 2026 Fed Meeting. Source: CME FedWatchThose hike bets have lifted the US Dollar Index (DXY) to an 18-month high. Higher rates make dollar assets more attractive, which can draw money away from riskier markets such as crypto.
Bitcoin trades at $81,661, down 2.56% over the past 24 hours, according to BeInCrypto Markets. That leaves BTC about 35% below its all-time high of $126,080, set on October 6, 2025.
Bitcoin Price Performance, 24-Hour Chart. Source: BeInCrypto MarketsCoinGlass data shows BTC is down 1.89% so far in October. The month has historically been one of Bitcoin’s strongest, with only 3 red Octobers since 2013: 2014, 2018 and 2025.
October also opens Q4, which has averaged a 71.43% gain since 2013, the highest of any quarter. Wednesday’s September Consumer Price Index (CPI) data gives traders a fresh read before the Fed meets on October 28.
Futures also assign a 15.7% chance to a larger 50 basis point hike in December. Whether that tail grows or fades could decide if Bitcoin salvages its October.
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Stacks, Babylon and Core are among the best Bitcoin staking platforms in 2026 for holders who want to earn rewards while keeping native BTC on Bitcoin Layer 1, although their reward structures and risks differ considerably.
Summary
Stacks targets approximately 3% annualized BTC rewards through Proof of Transfer, although direct staking requires a separate STX commitment and remains restricted during PoX-5. Babylon and Core allow holders to stake native BTC without wrapping or bridging, but rewards are paid in BABY and CORE tokens, with additional staking needed for higher rates. Starknet and Stacking DAO use tokenized Bitcoin positions, offering access to DeFi applications while introducing additional smart contract and liquidity risks. Lockup conditions vary across platforms, with Stacks requiring a six month bond, Babylon using a longer native staking term and Core allowing users to select their commitment period. Advertised yields are not guaranteed, and actual returns depend on reward token prices, protocol participation, withdrawal conditions and staking requirements. For long term Bitcoin holders prioritizing self custody and rewards paid in BTC, Stacks currently offers the strongest combination of those features. Its direct Bitcoin Staking model targets roughly 3% annualized yield, with rewards funded by BTC committed by Stacks miners through Proof of Transfer.
Babylon and Core provide similar native Bitcoin custody arrangements but pay rewards in their respective protocol tokens. Starknet and Stacking DAO use tokenized Bitcoin positions, offering greater flexibility for holders who want to access decentralized finance applications.
Choosing between them requires more than comparing the advertised annual percentage yield. Custody arrangements, reward assets, withdrawal conditions and additional token requirements can make a lower yielding option more suitable for certain BTC holders.
Best Bitcoin staking platforms: Quick comparison PlatformBTC positionRewardsYield sourceCurrent or target yieldSecond tokenMain tradeoffStacksNative BTC on Bitcoin L1BTCBTC committed by miners through PoX~3% target APYSTX worth ~5% of BTC positionSTX exposure and six month bondBabylonNative BTC on Bitcoin L1BABYBABY token emissions~0.04% base APR, up to ~0.60% with co stakingBABY optional for higher yieldSlashing and BABY price exposureCoreNative BTC on Bitcoin L1CORECORE emissions and network feesBelow 0.1% for BTC only; indicative ~2% to 3% with Dual StakingCORE optional for higher yieldCORE exposure for higher rewardsStarknetTokenized BTC on StarknetSTRKNewly minted STRK~4% indicative, variableNone required for stakingTokenized BTC and STRK exposureStacking DAOsBTC based liquid positionBTC denominatedStacks PoX miner BTC bids2.18% displayed APY; earlier ~2.6% net targetNo STX contribution required from usersBTC and smart contract exposure Yields are indicative or targeted and may change. APR and APY are not directly interchangeable. Returns depend on protocol parameters, token prices and participation conditions.
Headline APY alone cannot establish which platform offers the better return for a particular holder. The reward asset, source of yield, withdrawal conditions and risks attached to the Bitcoin position can be just as important.
Which Bitcoin staking platforms keep BTC self custodial on Bitcoin L1? Stacks, Babylon and Core allow BTC to remain native on Bitcoin under the holder’s keys. Starknet and Stacking DAO use tokenized Bitcoin positions that introduce additional infrastructure and different custody arrangements.
Stacks Stacks keeps BTC on Bitcoin Layer 1 through native timelocks, allowing holders to retain control of their Bitcoin keys without using a bridge, wrapped token or third party custodian.
Under the direct Bitcoin Staking model, participants lock BTC on Bitcoin and commit STX separately on Stacks. The two positions form a protocol bond, while the underlying BTC remains under the holder’s keys.
Stacks outlines the direct, pooled and liquid routes on its Bitcoin Staking options page. Direct staking currently requires approval during PoX-5, while the planned PoX-6 upgrade is intended to remove that restriction and allow permissionless participation.
Babylon Babylon similarly lets BTC holders stake native Bitcoin without using a bridge or wrapped token.
Its Bitcoin staking architecture uses Bitcoin scripts to lock BTC while delegating economic security to finality providers and connected networks.
The holder maintains control of their Bitcoin, but the protocol introduces slashing. A portion of the staked BTC can be forfeited if the delegated finality provider violates the relevant security rules.
Core Core’s self custodial Bitcoin staking relies on native Bitcoin timelocks, allowing holders to delegate their stake to Core validators without wrapping or bridging BTC.
The holder chooses a lockup period and specifies a validator and reward address in the staking transaction. BTC becomes available again after the timelock expires.
Starknet Starknet uses tokenized Bitcoin on its own network rather than locking native BTC directly on Bitcoin Layer 1.
Its Bitcoin staking guide identifies supported assets including WBTC, LBTC, SolvBTC and tBTC. Holders delegate those assets to validators and receive STRK rewards.
Users can stake directly through supported wallets or access liquid staking positions that remain usable in decentralized applications.
Stacking DAO Stacking DAO uses sBTC, a Bitcoin backed asset on Stacks, rather than keeping the user’s deposited position as native BTC under a Bitcoin Layer 1 timelock.
Users deposit BTC or sBTC and receive stBTC through its liquid Bitcoin staking product. The token represents an underlying Bitcoin Staking position and remains transferable while rewards accumulate.
The underlying sBTC participates in Stacks Bitcoin Staking through protocol contracts, while Stacking DAO handles the STX pairing required for the bond.
What rewards do bitcoin staking platforms pay? Bitcoin staking rewards can come from miner contributions or newly issued protocol tokens. The five platforms differ in what they pay and how those returns are generated.
Stacks Stacks targets approximately 3% annualized yield paid in BTC, with rewards funded through Proof of Transfer. Stacks miners commit BTC to compete for block production and earn STX rewards, while their Bitcoin commitments provide the funds distributed to eligible stakers.
According to the Bitcoin Staking resource hub, PoX has distributed more than 4,200 BTC since January 2021. Direct Bitcoin Staking participants receive weekly BTC payouts, with protocol bonds receiving priority in the reward distribution process.
The 3% annualized rate is a target rather than a guaranteed return, with actual payouts dependent on the BTC available through the system.
Babylon Babylon pays Bitcoin stakers in BABY, its native protocol token, with rewards funded through new BABY issuance.
The official staking dashboard has displayed base BTC staking APR around 0.04%, with higher rates reaching approximately 0.60% for participants who stake BABY alongside their Bitcoin.
Babylon’s co staking model rewards users who commit both assets, with the boost determined by the amount of BABY staked relative to BTC.
Since rewards are paid in BABY, the BTC value of the return changes with BABY’s market price. A positive BABY reward rate does not necessarily translate into an equivalent increase in the holder’s Bitcoin balance.
Core Core pays Bitcoin stakers in CORE tokens from network block rewards and a portion of transaction fees.
The protocol allows BTC only staking without holding CORE, although the base yield has been below 0.1% in the comparison figures.
Higher returns are available through Core Dual Staking, which requires holders to stake CORE alongside Bitcoin.
The model divides participants into reward tiers according to the CORE to BTC ratio. Users staking more CORE relative to their Bitcoin positions qualify for higher reward multipliers.
Dual Staking returns have been commonly described in the 2% to 3% range, but the actual rate depends on the selected tier, validator performance and changing market conditions. Core does not offer a single fixed APY across every BTC position.
Starknet Starknet distributes rewards in STRK to users who stake supported tokenized Bitcoin assets.
According to its Bitcoin staking documentation, newly minted STRK provides the rewards, with the distribution depending on the amount of Bitcoin staked and the validator’s participation.
Approximately 4% has been used as an indicative Bitcoin staking yield, although the realized rate can differ because STRK issuance, BTC staking participation and the STRK to BTC exchange rate all affect returns.
Users do not need to stake STRK alongside their Bitcoin to participate as delegators. They may, however, need STRK to cover network fees depending on the wallet used.
Stacking DAO Stacking DAO provides BTC denominated yield through stBTC, with rewards sourced from the same PoX miner commitments that support Stacks Bitcoin Staking.
Its initial product documentation targeted approximately 2.6% net annualized yield. The Stacking DAO website displayed approximately 2.18% BTC APY during the October review, illustrating why the live rate should be checked before staking.
Unlike a direct BTC payout, rewards accumulate through the stBTC to sBTC exchange rate. As rewards are collected and reinvested, each stBTC is designed to represent an increasing amount of sBTC.
Stacking DAO supplies the underlying STX requirement through its staking infrastructure. Users are not required to contribute the roughly 5% STX pairing themselves.
What are the main risks and tradeoffs? PlatformMain tradeoffLiquidity and exitAdditional exposureStacksSTX pairing and bond durationEarly BTC withdrawal available; STX remains locked for the bond termSTX price and variable miner revenueBabylonBTC slashingUnbonding process appliesFinality provider behavior and BABY priceCoreHigher yield requires COREBTC unlocks after the selected staking period expiresCORE price and validator performanceStarknetRequires tokenized BTCDelegation withdrawals or liquid staking optionsWrapper, smart contract and STRK price risksStacking DAOAdditional staking infrastructurestBTC transferable; redemptions depend on liquidity or cooldownsBTC signer and smart contract risks Stacks Direct Bitcoin Staking requires participants to commit STX worth approximately 5% of their BTC position for the full six month bonding period. Changes in the STX price can affect the value of that commitment.
BTC can be withdrawn before the bond expires, but doing so forfeits future staking rewards. The associated STX remains locked until the original term ends. Direct bonds do not introduce BTC slashing, although the targeted yield depends on miner BTC commitments.
Participation is currently restricted to approved holders during PoX-5, with the institutional onboarding program directed at holders with at least 50 BTC. Stacks plans to open direct staking to all Bitcoin holders under PoX-6, but the upgrade does not yet have a confirmed activation date.
Babylon Babylon does not require holders to acquire BABY for basic native BTC staking.
Its main risk comes from the slashing mechanism. A delegated finality provider that violates security conditions can cause part of the associated Bitcoin stake to be forfeited.
Staked BTC remains on Bitcoin, but self custody should not be confused with protection against protocol penalties.
Babylon’s staking FAQ identifies a current native staking term of 64,000 Bitcoin blocks, roughly 15 months, although users can request early unbonding under the protocol’s withdrawal rules.
Unbonding involves additional waiting time, and a position cannot be partially unbonded. Holders must withdraw the entire stake through the applicable process.
Core Core allows holders to choose their BTC lockup period when staking, with withdrawals available once that period expires. The official staking interface requires a minimum commitment of five days, although shorter periods are possible through direct Bitcoin scripting.
However, the base reward rate is low. Holders seeking substantially higher returns generally need to purchase or stake CORE alongside their BTC.
Changes in the CORE price can offset the value of rewards earned, and the amount required for boosted staking tiers can change through protocol governance.
Core’s benefit is flexible native custody, while the tradeoff is reliance on CORE exposure for competitive rewards.
Starknet Starknet users must first obtain a supported tokenized version of Bitcoin.
The wrapper’s backing arrangements, bridging process and smart contracts introduce risks not present when BTC remains locked directly on Bitcoin Layer 1.
Rewards paid in STRK add price exposure to the underlying Bitcoin position. Holders seeking liquidity can use liquid staking products, but those introduce additional token and contract dependencies.
Starknet’s strength is access to DeFi applications rather than the simplicity of native BTC custody.
Stacking DAO Stacking DAO allows holders to retain a liquid stBTC position while earning Bitcoin denominated yield.
The token can be transferred, traded or used in supported DeFi applications. It can also be redeemed into sBTC through the protocol’s withdrawal mechanism.
According to the Stacking DAO withdrawal information, instant redemption depends on available reserve liquidity and involves a fee. Standard stBTC withdrawals have a cooldown of approximately 4,200 Bitcoin blocks, or four weeks.
Users do not need to supply STX themselves, but the underlying Bitcoin position depends on sBTC infrastructure and staking smart contracts. Liquidity in stBTC markets can also vary, particularly when holders need to exit quickly.
Which Bitcoin staking platform is best? The best option depends on whether a holder prioritizes native custody, BTC rewards, shorter lockups or the ability to use a staked position elsewhere.
Stacks is best for native BTC custody and BTC rewards Stacks offers the strongest combination for eligible long term BTC holders who want to retain native Bitcoin custody while earning BTC rewards. Its approximately 3% annualized yield target comes with a separate STX requirement and restricted access to direct staking during PoX-5.
Babylon suits holders who want native BTC staking without another token Babylon allows holders to stake native BTC without acquiring BABY. The tradeoffs are relatively low base rewards paid in BABY and the possibility of BTC slashing.
Core is best for flexible native Bitcoin lockups Core suits holders who want more control over their BTC lockup period. Basic staking does not require CORE, although earning higher rewards through Dual Staking involves committing the token alongside Bitcoin.
Starknet is best for Bitcoin DeFi access Starknet suits holders who want their tokenized Bitcoin positions to remain usable across decentralized applications. Its staking model pays rewards in STRK and introduces additional tokenization and smart contract risks.
Stacking DAO is best for liquid Bitcoin staking on Stacks Stacking DAO suits holders who want BTC denominated yield through Stacks without providing STX themselves. Users receive stBTC, which can remain liquid and be used in supported applications, subject to sBTC and smart contract risks.
Conclusion The best Bitcoin staking platform depends on where the BTC is held, what asset participants earn and how those rewards are generated. Stacks, Babylon and Core allow holders to keep native Bitcoin on Layer 1, while Starknet and Stacking DAO use tokenized Bitcoin positions that introduce additional custody and protocol considerations.
Among the platforms compared, Stacks currently offers the strongest overall combination for eligible long term BTC holders prioritizing native self custody and BTC denominated rewards. Its yield comes from miner commitments through Proof of Transfer, without BTC slashing, although holders must accept the approximately 5% STX requirement, six month bonding period and current restrictions on direct participation.
FAQ 1. What is the best Bitcoin staking platform in 2026? Stacks offers the strongest overall option for eligible long term holders seeking native Bitcoin self custody and BTC denominated yield. Babylon and Core provide alternatives for users prioritizing different token requirements or lockup flexibility, while Starknet and Stacking DAO focus more on tokenized Bitcoin and liquidity.
2. Which Bitcoin staking platforms keep BTC on Bitcoin L1? Stacks, Babylon and Core allow BTC to remain on Bitcoin Layer 1 under the holder’s keys. Starknet and Stacking DAO use tokenized Bitcoin positions and additional infrastructure.
3. Which Bitcoin staking platforms pay rewards in BTC? Direct Stacks Bitcoin Staking pays rewards in native BTC, while Stacking DAO provides BTC denominated yield through stBTC. Babylon pays BABY, Core pays CORE and Starknet pays STRK.
4. Where does Bitcoin staking yield come from? Stacks distributes BTC committed by miners through Proof of Transfer. Babylon pays rewards through newly issued BABY tokens, Core distributes CORE block rewards and network fees, and Starknet pays newly minted STRK. Stacking DAO draws BTC denominated yield from the underlying Stacks Bitcoin Staking mechanism.
5. Is Bitcoin staking safe? Risks vary by platform. Native BTC staking avoids certain bridge and wrapper risks, but participants may face slashing, lockups or additional token exposure. Tokenized alternatives can introduce smart contract, custody and liquidity risks, while advertised yields are not guaranteed.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bitcoin’s latest pullback has rattled many investors, but Matt Crosby is not one of them. The director of research and analytics at LookIntoBitcoin says on-chain data shows the bear market low is “essentially in.” He also thinks the next rally could move far faster than most people expect.
Crosby’s main evidence is a metric called realised cap HODL waves. It tracks how much of Bitcoin’s average purchase price is shaped by investors who have held their coins for at least three months. When that share climbs above 80%, it shows long-term holders are firmly in control and short-term speculation has dried up. According to Crosby, that reading “has always marked a Bitcoin bear market low,” and it has done so again.
Sellers Ran Out of Steam
Crosby described the recent market as “a true dictionary definition of seller exhaustion.” Bitcoin faced a string of bad news:
the Coldcard exploitthe CLARITY Act being delayed and then rejected in the Senateminers selling Bitcoin to pivot toward AItreasury companies selling their holdingsYet the price kept rising. Long-term holder supply has also started to fall, which Crosby reads as new capital stepping in to buy.
He sees no signs of an overheated market. Instead, he described a “healthy, very spot-driven rotation” of money out of stocks, bonds and commodities into Bitcoin.
Why Bitcoin Can Move So Fast
Crosby pointed to how quickly Bitcoin recently climbed from $64,000 to $84,000. Because long-term holders own so much of the supply and rarely sell, each new dollar entering the market lifts Bitcoin’s market value by about $6.20, by his estimate. That means even a small shift of money out of an AI bubble or the bond market could send prices sharply higher.
Bitcoin as a Share of Global Capital
At around $87,000, Bitcoin made up roughly 0.32% of all invested global capital, below its peak of just under 0.5%. Because global capital keeps growing, Crosby said:
Matching its previous peak share would take Bitcoin to about $134,000, above its $126,000 record.1% of global capital would mean about $281,000 per coin today, and over $500,000 in 10 years.3% of global capital could mean around $1.75 million within a decade.Silver Comparison: $400,000
Crosby’s boldest scenario compares Bitcoin with silver. When silver bottomed in 2022, its market value was about $1 trillion. Bitcoin’s recent low was about $1.1 trillion.
Silver then rose about 593% over 3.4 years. Bitcoin usually moves faster because it trades around the clock, so Crosby adjusted that timeline to about 2.3 years. If Bitcoin repeats silver’s run over that period, it would reach about $400,000.
He said Bitcoin has tracked silver’s path with about 90% correlation so far. He admitted the target is “potentially” optimistic and declined to commit to an exact top, but said a global capital model lands close by at about $390,000.
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At the start of October, the primary cryptocurrency briefly exceeded $87,000, prompting many analysts to suggest that a new bull cycle had begun. Instead of a massive rally, though, the asset has seen increased volatility and has retraced to the current $83,500 (per CoinGecko).
However, this doesn’t necessarily mean that the bull run scenario is completely out of the question. Here’s what Ali Martinez thinks could trigger the next big move north.
The Key Level The popular analyst paid close attention to $84,000, saying it marks the 50 SMA and could unlock the next rally. He noted that the last time BTC bounced from the bottom of its recent price channel, the 200 SMA held and a 4-hour close above the 50 SMA confirmed the uptrend.
“A 4-hour close above it could confirm the next leg higher to $93,000,” he projected.
Martinez’s take on Bitcoin follows another observation that supports a potential short-term price increase. Earlier this week, he said whales bought more than 16,000 BTC in about five days, raising their total holdings to about 5.26 million units.
“That buying puts a rebound in focus, but Bitcoin has a hurdle to clear first. On-chain data shows nearly 800,000 BTC were previously traded around $84,569. A break above this supply zone would strengthen the case for a move higher,” he added.
Other market observers who have recently weighed in on the asset include Scient and Toz. The former claimed BTC has formed “the cleanest cup and handle pattern you will ever see,” targeting $105,000. For their part, Toz assumed the cryptocurrency may mimic its late-2022 performance, which consisted of a substantial dip followed by a major ascent.
Golden Cross? The well-known X user Crypto Rover shared an intriguing chart showing that BTC’s 50-day moving average has climbed above the 100-day MA.
“The last time Bitcoin flashed this Golden Cross, it marked the END of the bear market. BTC went on to rally over 500%.”
This is considered a bullish development, but one should keep in mind that a classic golden cross forms when the 50-day MA crosses above the 200-day MA. In September last year, BTC printed that signal while trading just south of $110,000. About a month later, the cryptocurrency hit a new historical peak above $126,000.
You may also like: BitMine’s Tom Lee Warns KOSPI Slump Could Hit Crypto Bitcoin’s Price Volatility Explodes as Liquidations Surge Past $800 Million Bitcoin Bull Market Signal Emerges Even as BTC Struggles to Break $84K Tags:
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Die Sicherheit bestimmter Bitcoin-Bestände hängt langfristig von einer rechtzeitigen Umstellung auf quantensichere Verfahren ab.Reuters
Quantencomputer könnten eines Tages den Schutz mancher Bitcoin-Bestände gefährden. Wer Bitcoin langfristig hält oder vererben will, sollte den nötigen Zugang sichern.
With Bitcoin falling below $82,000, liquidations in the cryptocurrency market reached $771 million in the last 24 hours. The majority of forcibly closed positions were bullish.
The acceleration of sell-offs in the cryptocurrency market led to widespread liquidations of positions by investors using high leverage. Bitcoin fell below the $82,000 level on Monday evening, while significant losses were seen across all major crypto assets.
Bitcoin fell from approximately $84,200 to $81,382 during the day, losing 2.8% of its value in the 24-hour period. Ethereum dropped 4.6% to around $2,425, while Solana fell 7.5%, XRP 6.4%, and Zcash 10.4%.
According to our data, approximately $389 million worth of positions were forcibly closed in the crypto derivatives markets within 24 hours. Of this amount, $311 million consisted of long positions opened with the expectation of rising prices. The fact that liquidations reached $304 million in the last 12 hours alone indicates that selling pressure intensified in a short period of time.
Liquidation refers to the automatic closure of a trade by the exchange when an investor’s margin falls below the required level. Even small price movements can result in the loss of all margin when using high leverage.
There isn’t a single factor behind the sell-off. Risk aversion ahead of US inflation data, rising Treasury yields, a strengthening dollar, and capital outflows from ETFs all put pressure on the market. Spot Bitcoin ETFs recorded net outflows of $681.1 million the previous week, while Ethereum ETFs saw net outflows of $542 million.
The fact that the Kospi index in South Korea fell by more than 6% also led to comments that the weakness in global risk appetite has spread to the crypto market.
It is important to remember that liquidation figures are based on publicly available stock exchange data and may not reflect the true total. Furthermore, a short-term price drop alone does not prove a change in the longer-term market direction.
*This is not investment advice.
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A Bitcoin whale has transferred 4,582 BTC worth approximately $377.6 million to five addresses after holding the coins for more than six years, as Bitcoin faces renewed selling pressure near $83,000.
Summary
A Bitcoin whale transferred 4,582 BTC worth approximately $377.6 million across five separate receiving addresses. Four receiving addresses obtained 1,000 BTC each, while the fifth received approximately 582 BTC separately. The original wallet received its Bitcoin in March 2020, when holdings were worth $40.8 million. Another dormant Bitcoin wallet transferred 4,500 BTC worth $375.7 million after four years of inactivity. CryptoQuant analyst Darkfost reported negative Coinbase premiums, suggesting relatively stronger selling pressure among U.S. participants. Blockchain analytics platform Lookonchain reported the transfer on October 12, identifying the sender as wallet 18VmXvkF4cgLi35RtMiHHDpvMjUCyVpQ9x. The coins were divided among five receiving addresses, with four obtaining 1,000 BTC each and the fifth receiving approximately 582 BTC. The recipient wallets had not moved their funds at the time of the initial analysis.
Bitcoin whale moves $378 million after years of holding According to Arkham’s blockchain records, the sending wallet originally received 4,582 BTC on March 3, 2020. The holdings were valued at approximately $40.8 million at the time, when Bitcoin was trading near $8,900. At the valuation reported for Monday’s transfer, the same balance was worth roughly 9.3 times its original value.
The funds originally came from Bitcoin address 17VX1BEjYVyBMi2vw6nXDrpwMvCSweHZot. Blockchain records indicate that the wallet retained nearly its entire balance through the market crash of March 2020, when Bitcoin briefly dropped below $4,000 following the outbreak of the COVID-19 pandemic.
Although the wallet is being described as dormant for six years, its transaction history shows a small outgoing payment in August 2024. The transfer involved 0.009 BTC, with the remaining funds returned to the same wallet. Monday’s movement was therefore its first major transfer since receiving the coins in March 2020, not its first outgoing transaction of any size.
At the time of reporting, the five recipient addresses had not been identified as exchange deposit wallets. Lookonchain did not establish whether the addresses belonged to different owners or were controlled by the original holder. No confirmed sale accompanied the transfer, leaving its purpose unknown.
The movement adds to a series of large transfers from dormant Bitcoin wallets recorded during 2026. In July, another wallet that had remained inactive for more than eight years transferred 5,908 BTC worth approximately $383 million. Onchain records in that case did not establish that the coins had been sold.
Another dormant Bitcoin whale transfers 4,500 BTC The latest transaction follows another large Bitcoin transfer involving a long-inactive wallet. Last week, address bc1q4hm96naa2ydcqlxpwlvljvrnt5svm8ejcqnhj0 moved approximately 4,500 BTC worth $375.7 million after more than four years of inactivity.
The transaction was separately identified through blockchain monitoring, with the funds transferred to another Bitcoin address. Available records did not establish whether the owner intended to sell, move assets into custody or reorganize holdings across wallets.
Combined, the two reported movements involved approximately 9,082 BTC valued at $753.3 million using their respective transaction-time prices. The transfers occurred on different dates and came from separate wallets, with no established connection between their owners.
Similar activity has been recorded throughout the year. In July, Arkham identified a wallet that transferred 2,931 BTC worth approximately $188 million after seven years without major activity. The holder had acquired the coins when Bitcoin traded near $6,500, leaving the wallet with substantial unrealized gains before the transfer.
Onchain monitoring firms track long-held coins through measures including Coin Days Destroyed and Spent Output Age Bands. CryptoQuant uses such indicators to examine when older Bitcoin holdings become active. Movements involving long-held coins can accompany selling activity, although wallet transfers alone do not establish whether the owner has liquidated any assets.
CryptoQuant warns of stronger Bitcoin selling pressure in U.S. Meanwhile, CryptoQuant analyst Darkfost has reported growing selling pressure among U.S. market participants during October. His assessment focuses on the Coinbase Premium Index, which compares Bitcoin prices on Coinbase with those on Binance.
Bitcoin Coinbase premium index, source: CryptoQuant According to the analyst, the volume-weighted version of the indicator has remained deeply negative for several days, suggesting weaker demand or stronger selling activity on Coinbase. The methodology gives more weight to larger transactions, reducing the influence of smaller trades on the reported price difference.
Darkfost interpreted the negative readings as evidence that institutional and professional market participants using Coinbase were selling more aggressively than traders on Binance. The comparison does not directly identify individual sellers, and a negative premium cannot independently establish the volume of institutional Bitcoin sales.
His assessment follows a period of weaker U.S. demand. On October 12, CoinGlass data showed the Coinbase Bitcoin Premium Index had remained negative for 19 consecutive days, reaching approximately -0.12%. The measure compares Bitcoin’s trading price on Coinbase with prices elsewhere in the market.
CryptoQuant has previously examined institutional demand through the Coinbase Premium Index, using the indicator to track relative buying pressure from U.S.-based market participants. Persistent negative readings indicate a price discount on Coinbase, although the indicator covers activity from different categories of investors.
Darkfost attributed the latest weakness partly to macroeconomic conditions, including rising government bond yields, persistent inflation concerns and a stronger U.S. dollar. He pointed to the Dollar Index climbing above 102, its highest level since April 2025, as financial markets responded to geopolitical and economic uncertainty.
The analyst argued that higher borrowing costs and reduced liquidity were discouraging professional investors from taking additional exposure to Bitcoin. His interpretation remains a market assessment and does not establish a direct connection between the Coinbase premium and the 4,582 BTC whale transfer.
Bitcoin price struggles as large wallet movements continue Bitcoin traded near $83,500 at press time, down approximately 1% over 24 hours, after falling to around $81,220 earlier in the session. The movement followed several days of price weakness as traders monitored exchange activity, macroeconomic developments and large onchain transfers.
During the same period, QCP Capital maintained a fourth-quarter base-case trading range of $80,000 to $90,000 for Bitcoin. The firm’s assessment identified $80,000 as an important support area and suggested that a sustained move above $87,000 could bring $94,000 into focus. The levels represent QCP’s market outlook, not confirmed future prices.
U.S. government-linked Bitcoin transfers have attracted attention during the recent market decline. Between October 7 and 8, government-associated wallets moved approximately 9,261 BTC worth $770 million to Coinbase Prime. The transactions involved several groups of seized assets, including Bitcoin linked to the Bitfinex hack.
Blockchain records documenting the U.S. government’s $770 million Bitcoin transfers did not confirm that the coins had been sold. Coinbase Prime provides both custody and trading services, meaning a transfer to the platform cannot independently establish liquidation.
Separately, publicly listed Bitcoin mining company MARA Holdings transferred approximately 996.105 BTC worth $81.13 million to Galaxy Digital and another associated address on October 9. Lookonchain identified the transactions, although the available blockchain records did not establish that MARA had completed a sale.
The MARA Holdings Bitcoin transfers occurred as Bitcoin traded near $82,300, with market data showing continued weakness in short-term technical indicators. The mining company’s reported transactions did not include a publicly confirmed sale price or completed disposal agreement.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bitcoin fell below 82000 dollars on October 12th, triggering a cascade of liquidations across the entire crypto market. Contrary to what the main figure might suggest, the 406 million dollars do not only concern BTC, but all long positions recorded in 24 hours.
In brief
Bitcoin fell below 82000 dollars on October 12th, after a drop of nearly 4%.
More than 118000 traders were liquidated in 24 hours, for a total of 488.61 million dollars.
Long positions accounted for 406.48 million dollars of liquidations, or 83.2% of the total.
Leverage and Bitcoin ETF outflows increased pressure on the market.
Investors now monitor US inflation and the 81000 and 85000 dollar levels.
More than 118000 traders liquidated in one day
Bitcoin dropped from a daily high near 84254 dollars to a low around 81000 dollars. This drop of nearly 4% was enough to automatically close many positions funded with leverage.
According to data collected on the evening of October 12th, liquidations reached 488.61 million dollars across the entire crypto market. They affected 118142 traders in 24 hours.
Long positions, which bet on rising prices, represented 406.48 million dollars, or 83.2% of the total. Short positions recorded 82.14 million dollars in liquidations.
Ethereum suffered the highest amount per asset, with 115.19 million dollars. Bitcoin follows with 106.61 million, ahead of Solana at 26.97 million. Zcash and NEAR each approached 20 million dollars.
The largest individual liquidation concerned a long position on bitcoin of 9.65 million dollars. It was executed on Binance when BTC was trading around 81772 dollars. The platform accounted for 52.3% of the recorded liquidations.
Leverage amplified bitcoin’s drop
A liquidation occurs when the losses of a leveraged position reduce the available margin below the level required by the platform. The exchange then automatically closes the position to prevent the loss from exceeding the deposited collateral.
This closure often involves an immediate sale of the asset. When many long positions are clustered around the same levels, an initial drop can trigger several forced sales. These operations push the price further down and trigger new liquidations.
The 406 million dollars therefore do not necessarily represent capital entirely lost by traders. The amount corresponds to the notional value of the closed contracts, which can far exceed the margin actually committed.
The concentration of losses on the buyers’ side nevertheless shows that the market was positioned too optimistically. Bitcoin had tried several times to exceed the 84000 to 85000 dollar zone, without obtaining enough demand to continue its rebound.
Its drop below 82000 dollars then transformed an ordinary pullback into a more brutal move. BTC has since recovered around 82800 dollars but remains below its October 12th high.
ETF outflows weigh on demand
The correction comes after a negative week for US spot bitcoin ETFs. From October 5 to 9, these funds recorded approximately 679 million dollars in net outflows.
The session of October 7 concentrated 484.9 million dollars of withdrawals. It was followed by 244.1 million in outflows the next day. A limited return of 21.1 million dollars on October 9 did not offset this pressure.
These figures indicate a temporary weakening of institutional demand accessible through US markets. However, they are not sufficient to prove that ETFs directly caused the October 12 decline.
The drop results rather from a combination of factors: failure below a technical resistance, too many long positions, less dynamic spot demand, and caution before upcoming US economic statistics.
Altcoins followed the movement, as their lower liquidity generally makes them more sensitive to bitcoin fluctuations and forced closures on derivative markets.
US inflation becomes the next test
Investors are now waiting for the release of the US consumer price index, scheduled for October 14. Inflation higher than expected could strengthen expectations of high rates and weigh on risky assets.
In the short term, the 81000 to 82000 dollar zone serves as the first support for bitcoin. Its break would expose the market to a new downward acceleration, especially if other clusters of long positions lie below this threshold.
A sustained return above 84000 dollars would instead neutralize part of the pressure. BTC should then break 85000 dollars to restart a more convincing momentum.
The wave of liquidations has already removed some of the excess leverage. However, it does not guarantee that the correction is over: the next direction will depend more on actual demand than on bets accumulated on derivative contracts.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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Bitcoin is back trading at $83,700 after buyers absorbed a sharp move lower and drove a fast rebound. The recovery is constructive, but it has not yet cleared the resistance that would confirm a stronger breakout. The key question is whether spot demand can carry Bitcoin through $84,000–$85,000 while ETF flows drag its price prediction.
Earlier this morning, BTC fell toward $81,000 as South Korea’s KOSPI dropped 7%, briefly breaking below 6,000 and spreading risk-off pressure into crypto. Buying near the $81,500 weekly pivot helped trigger a V-shaped reversal, bringing Bitcoin back above $83,000.
BTC USD, TradingviewThe market conditions remain mixed: ETF outflows, high yields, and uncertainty around liquidity could cap upside. Traders now need confirmation from price and flows, not just a dramatic intraday recovery. A recent Bitcoin rebound analysis likewise centers on the levels and catalysts shaping this move.
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Bitcoin Price Prediction: Can BTC Break $85,000 This Week?BTC’s latest quote is $83,700, with a 24-hour movement of less than 1%; the rebound has brought the price close to the day’s high of $83,800. A sustained push through $84,000–$85,000 would provide the first meaningful confirmation. Our analysts also identify this zone as a key test, with $86,500 a level to watch if momentum builds.
Support sits around $82,000–$82,500, with the lower $80,300–$81,410 area next if buyers retreat. The $81,500 pivot is especially relevant after it held during the sell-off.
BTC USD, Tradingview Bull case: BTC clears $85,000 and sustains the move, opening a path toward $86,000–$87,000. Base case: Price consolidates between roughly $80,300 and $84,126 as traders wait for flow confirmation. Bear case: A loss of $82,000 exposes lower support; a break below $81,500 would weaken the current rebound thesis. ETF flows and upcoming US inflation data matter because renewed outflows or hotter inflation could reinforce tighter financial conditions, pressuring risk assets. For additional context on demand, see the reporting on Bitcoin ETF outflows and demand. Traders can track the $84,000–$85,000 reclaim and support response before treating this reversal as a trend change.
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Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key LevelsBitcoin’s rebound has restored some confidence, but BTC still needs to prove it can hold gains against resistance and macro headwinds. That leaves a familiar trade-off: established-market exposure has clearer liquidity, while early-stage infrastructure carries execution risk and can be harder to value.
For traders looking beyond the immediate BTC setup, Bitcoin Hyper is a Bitcoin Layer 2 project that combines the Solana Virtual Machine (SVM) with Bitcoin-focused infrastructure.
The project is the first Bitcoin Layer 2 with SVM integration, designed to bring smart contracts and faster, lower-cost execution to the Bitcoin ecosystem. Its features include a decentralized canonical bridge for BTC transfers and low-latency Layer 2 processing.
The current presale price is $0.0136875, with $33.1 million raised. Staking is offered too, with a high 30% APY, only for early buyers.
Research Bitcoin Hyper before the presale ends in 40 days.
Bitcoin için 94 bin dolarlık yeni bir yükseliş hedefi gündeme geldi. Kripto analisti Doctor Profit, son düzeltmenin ardından BTC’nin yeniden yükselişe geçebileceğini düşünüyor. Ancak bu senaryonun gerçekleşmesi için Bitcoin’in önce 86 bin ile 89 bin dolar arasındaki kritik fiyat bölgesini geri kazanması gerekiyor. ETF’lerden yaşanan güçlü çıkışlar ise toparlanmanın önündeki risklerden biri olmaya devam ediyor.
Bitcoin 94 Bin Dolara Nasıl Ulaşabilir?
Doctor Profit, pazar günü yayımladığı raporda son piyasa düzeltmesinin boğa piyasasının yeni bir yükseliş ayağına zemin hazırlayabileceğini savundu. Analiste göre Bitcoin düzeltme aşamasını geride bırakmış olabilir ve yeni bir yükselişe hazırlanıyor.
Analist daha önce BTC’nin 82.500 doların üzerine çıkmasının ardından 88 bin dolara ulaşmasını bekliyordu. Bitcoin bu hedefe ulaştıktan sonra yeniden gerileyerek yaklaşık 80.300 doları gördü. Doctor Profit şimdi ise 94 bin doları yeni hedef olarak gösteriyor.
Ancak analistin senaryosunda önce aşılması gereken bir eşik var. Bitcoin’in 86 bin ile 89 bin dolar aralığını yeniden kazanması gerekiyor. Doctor Profit, özellikle 86 bin dolar civarında alım talebinin güçlenmesini bekliyor. Bu bölgenin direnç olmaktan çıkıp desteğe dönüşmesi, yeni bir yükseliş hareketini destekleyebilir.
Bitcoin İçin 100 Bin Dolar Senaryosu da Var
Kripto analisti Crypto Patel de Bitcoin için yükseliş beklentisini koruyor. Analist, BTC‘nin 100 bin dolara doğru ilerleyebileceği bir senaryo ortaya koydu.
Crypto Patel’e göre Bitcoin, 67 bin dolardaki direncin üzerine çıktıktan sonra bu seviyeyi yeniden test edebilir. Alıcılar bu bölgeyi korursa BTC daha yüksek bir dip oluşturabilir ve yükseliş ivmesi kazanabilir. Analist ayrıca 82.800 doları yakın vadeli yapısal destek, 59.809 doları ise önemli bir aşağı yönlü seviye olarak işaretledi.
Bu tahminler farklı fiyat senaryoları sunuyor; ancak hiçbiri Bitcoin’in söz konusu hedeflere kesin olarak ulaşacağını göstermiyor.
Bitcoin ETF Çıkışları Yükselişi Tehdit Ediyor
Yükseliş beklentilerine rağmen kurumsal yatırımcı talebindeki zayıflık önemli bir risk oluşturuyor. ABD merkezli spot Bitcoin ETF’leri, haziran sonundan bu yana en kötü haftalık net çıkış dönemini yaşadı.
Fonlardan pazartesi günü yaklaşık 90 milyon dolar çıktı. Salı günü 118,86 milyon dolarlık giriş yaşansa da çarşamba ve perşembe günlerinde toplam çıkış 731 milyon doları aştı. Cuma günü kaydedilen 21,13 milyon dolarlık giriş, önceki kayıpları telafi etmeye yetmedi. Haftalık net çıkış toplamı 681,1 milyon dolara ulaştı.
Öte yandan xWIN’in yeni analizi, Bitcoin’in ekim ayında dip oluşturuyor olabileceğine ilişkin işaretlere dikkat çekti. Yüksek ABD tahvil getirileri, artan petrol maliyetleri ve yatırımcıların kâr satışları fiyat üzerinde baskı yaratmıştı. Ancak analiz, piyasa koşullarının iyileşmeye başlayabileceğini öne sürüyor.
Bitcoin’in 94 bin dolara yükselme senaryosu, önce 86–89 bin dolar bölgesini geri kazanmasına bağlı. ETF çıkışlarının sürmesi ise bu toparlanmayı zorlaştırabilir. Dolayısıyla yatırımcıların takip etmesi gereken iki temel gösterge, kritik fiyat bölgesindeki hareketler ve fonlara yönelen net sermaye akışı.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Upbit, Bithumb, and Coinone, three of South Korea’s leading cryptocurrency exchanges, have added the BLUR token to their list of assets at risk of delisting. The exchanges stated that the decision was made to protect investors.
According to statements from three exchanges, BLUR was evaluated under best practice guidelines for supporting the trading of virtual assets. The reviews identified several shortcomings regarding the commercial viability of the project and the sustainability of its operations.
Exchanges concluded that these shortcomings could pose a potential risk of harm to users. Therefore, it was decided to add the BLUR token to a watchlist as part of measures to protect investors.
Cryptocurrency exchanges operating in South Korea can evaluate the digital assets they list according to certain criteria. These reviews consider the projects’ ability to continue operating, their business models, and the risks they may pose to users.
Being placed on a delisting watchlist for a crypto asset doesn’t mean the token is immediately delisted from exchanges. However, such decisions indicate that the possibility of ending trading support for the asset in the future is being considered.
In announcements made by Upbit, Bithumb, and Coinone, shortcomings regarding BLUR’s commercial viability and sustainability were highlighted, while the potential for user harm was cited as a primary reason for the decision.
However, no delisting date has been announced for BLUR. Nor has a final decision been shared regarding whether or not trading support for the token will be terminated.
The simultaneous monitoring decision by three exchanges has increased uncertainty regarding the future of BLUR’s trading support in the South Korean cryptocurrency market. The exchanges’ assessments will be decisive going forward.
*This is not investment advice.
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Morgan Stanley: Storage stocks appear to have the lowest valuations at the cycle peak, but are actually in the most dangerous situation.
Morgan Stanley’s latest report notes that Samsung and SK Hynix currently have a forward price-to-earnings (P/E) ratio of just 3 to 4 times—seemingly cheap but potentially masking a valuation trap at the cycle’s peak. Historically, storage stocks have tended to top out ahead of earnings peaks: leading by roughly 4 months in 2008 and 2012, and about 8 months in 2018. While the AI-fueled storage supercycle remains intact, tight supply-demand, rising prices, and improving earnings still offer support. But with sharp stock price gains and concentrated upward revisions to earnings forecasts, bullish expectations are already fully priced in, leaving further upside under pressure. Morgan Stanley argues that the stronger the storage sector’s fundamentals, the more easily cycle-top risks are underestimated—high growth may not translate to sustained excess returns. The report warns that high profits will eventually draw new production capacity, with supply set to gradually hit the market from the second half of 2027, potentially triggering a new cycle inflection point. Asian storage stocks have rallied roughly 9 times cumulatively since their September 2025 rally, with average consensus earnings per share (EPS) forecasts revised up by 432%. Samsung and SK Hynix’s low P/E ratios may be a classic trap for cyclical stocks near earnings peaks. To justify the upside implied by current share prices, DRAM contract prices would need to rise around 70% quarter-on-quarter—a tall order. Separately, evolving data center architectures could reshape industry chain benefit distribution: in NVIDIA’s NVL72, storage makes up ~29% of a single rack, falling to 19% when expanded to 8 interconnected racks, while network equipment’s share jumps from 10% to 20%—meaning storage makers may not proportionally benefit from AI infrastructure investment growth.
12 minutes ago
Gemini 4 Argon embedded in the new Antigravity version: three inference tiers are ready but still non-functional.
Beating AI News Flash: Google’s AI coding tool Antigravity’s 2.23.0 update has uncovered the full model identifier for Gemini 4 Argon, including three inference configurations: Low, Medium, and High. The previous 2.22.0 version lacked these elements, while the new update added 4 model IDs and 3 model selection menu names. However, these configurations are currently hidden in the program code, so regular users cannot directly select Gemini 4 Argon yet. Antigravity has also removed multiple old models simultaneously. Gemini 3.1 Pro, 3.6 Flash, and 3.7 Flash were marked for retirement on October 12; the next day, users noticed that only Gemini 3.8 Flash remained in the model list. Another developer found that the three Argon tiers are already ranked among the top three in the client’s recommended model order, but requests to their corresponding interfaces still return 404 errors. Google released Argon as early as September 30, but it is currently mainly available to vetted cybersecurity partners, with plans to later expand access to paid API and Google AI Ultra users.
12 minutes ago
Fed Governor Waller: Trump’s threat to the Federal Reserve’s independence has not yet succeeded.
Fed Governor Christopher Waller: Trump’s threat to the independence of the Federal Reserve has not yet succeeded.
12 minutes ago
Semiconductor and storage sectors were broadly lower in U.S. pre-market trading, with SanDisk and Micron down more than 3% each, and SK Hynix ADR dropping 5%.
According to market data from BIT (bit.com), semiconductor and storage sectors are broadly lower in pre-market US trading: Seagate Technology (STX) down 3.4%; Western Digital (WDC) down 3.8%; SanDisk (SNDK) down 3.3%; Micron Technology (MU) down 3.03%; SK Hynix ADR down 5%; NVIDIA (NVDA) down 0.8%; Intel (INTC) down 0.95%; Advanced Micro Devices (AMD) down 1.84%.
12 minutes ago
A crypto whale transferred 5,170 ETH to Tornado Cash, valued at $12.82 million.
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that accumulated 5,147 ETH at an average price of $1,886.7 between August 12 and 13 transferred 5,170 ETH (valued at $12.82 million) to Tornado Cash five hours ago. The batch of tokens has an unrealized profit of $3.056 million, and the purpose of the transfer remains unknown.
12 minutes ago
Analysis: Bitcoin long-term holders have been generating consistent profits since 2023, with their current unrealized profit buffer reaching 72%.
Crypto market analyst Axel Adler Jr says on-chain data shows the average cost basis of Bitcoin long-term holders (LTHs) stands at $48,600, with the current price roughly 72% above that level. This group has remained in profit since January 2023, with its closest approach to the cost line coming in March 2023. The LTH average cost basis has fallen 1.7% since hitting a peak of $49,500 on July 30. Since August 1, 60 out of 74 days have recorded negative weekly changes, with the largest single-week drop hitting 0.34% on August 25, and the current reading standing at -0.06%. The analyst notes this decline remains moderate; a further drop would signal accelerating selling pressure, while a return to positive territory would mean long-term holders are resuming accumulation.
Crypto market analyst Axel Adler Jr says on-chain data shows the average cost basis of Bitcoin long-term holders (LTHs) stands at $48,600, with the current price roughly 72% above that level. This group has remained in profit since January 2023, with its closest approach to the cost line coming in March 2023. The LTH average cost basis has fallen 1.7% since hitting a peak of $49,500 on July 30. Since August 1, 60 out of 74 days have recorded negative weekly changes, with the largest single-week drop hitting 0.34% on August 25, and the current reading standing at -0.06%. The analyst notes this decline remains moderate; a further drop would signal accelerating selling pressure, while a return to positive territory would mean long-term holders are resuming accumulation.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Another early Bitcoin holder has become active after years of silence. A wallet that sat untouched for approximately six years just moved its entire balance of 4,582 BTC, worth around $377.58 million. Blockchain data shows the transfer happened approximately seven hours ago. The coins left the address beginning with 18VmXvk and were sent to a new address beginning with bc1q295, plus four other addresses.
Securing the bagSplitting the funds across several wallets is not uncommon when large holders reorganize their coins. The wallet acquired the same 4,582 BTC six years ago. At that time, the coins were worth approximately $40.81 million. Today they are worth roughly $377.58 million. That is a gain of more than nine times, or approximately $337 million, for the holder. The data also shows a small move from years ago.
BTC/USDT Chart by TradingViewThe wallet sent 0.009 BTC, approximately $495, to an address labeled Cumberland DRW. Cumberland is a known trading firm. The amount was tiny, so it reveals very little about the purpose of this latest transfer.
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At this point, no one knows why the holder moved the coins. There are some possibilities. The owner may be preparing to sell, moving to a safer wallet, or simply reorganizing funds. A move from an old address format to newer bc1 addresses may also be a simple upgrade. Until the coins reach an exchange or a trading desk, it is not safe to assume selling pressure.
Why it's importantEven so, large wallet movements like this often attract attention. Old coins that suddenly move can make traders nervous, because long-term holders have a history of selling into strong prices. But history is not a guarantee. Many dormant wallets wake up, shuffle their funds, and go quiet again.
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If the coins flow to exchanges, it may point to a sale. If they stay in private wallets, the move is probably just housekeeping. This is the latest in a series of old Bitcoin wallets waking up in recent months.
Each one raises the same question about whether early holders are taking profits at current prices. For now, the only clear fact is that 4,582 BTC that had been still for six years is moving again.
Bitcoin rebounded on Tuesday as U.S. Treasury yields and the dollar eased slightly, giving risk assets including cryptocurrencies some breathing room.
The flagship cryptocurrency was 1% higher on the day at $83,813, bouncing back after slipping as low as $81,222 overnight.
Stocks related to artificial intelligence are caught in a global selloff, while crypto assets are holding up better. Bitcoin is increasingly decoupling from its strong correlation with tech stocks over 2026. Asian chipmakers saw heavy losses Tuesday on valuation concerns, rising Chinese competition, and persistent geopolitical conflicts, making investors increasingly cautious.
Bitcoin's next big test is Wednesday's Consumer Price Index report, analysts at Bitfinex said in a note. U.S. inflation data will offer some clues on future interest-rate decisions by the Federal Reserve and could set the tone for crypto assets this week.
"The question for this week is whether Wednesday's U.S. Consumer Price Index (CPI) report changes the rate and yield outlook enough to give bitcoin room to move, and whether spot demand is there to carry it," the firm said. An upward movement in prices would potentially demonstrate improved spot demand, as would an improvement in net inflows into bitcoin ETFs, the analysts added.
Meanwhile, bitcoin treasury firm Strategy Inc., which holds the largest bitcoin reserve of any public company in the world, announced a new purchase on Monday. The firm bought 250 bitcoins, bringing its total ownership to 848,250 coins, at an average buying price of $75,444 across its treasury. This is the second purchase the bitcoin treasury company made since the start of the month, according to Strategy's data. Its purchases are often a catalyst for how bitcoin moves in a given trading day. Strategy shares fell 1.1% on Monday.
A recently resurfaced video from 2013 has highlighted Ripple‘s early efforts to streamline Bitcoin payments through its network, sparking renewed discussion in the cryptocurrency community about interoperability between digital assets.
Chris Larsen’s demonstration of cross-currency paymentThe video features Chris Larsen, Ripple’s co-founder and executive chairman, demonstrating how the Ripple platform could process a Bitcoin transaction without requiring users to wait for the typical Bitcoin block confirmation period. Larsen begins by displaying a Ripple wallet that holds several currencies, including Bitcoin, and describes Ripple’s capability to support and interconnect multiple digital assets.
During the demonstration, Larsen initiates a small Bitcoin transaction. He selects Bitcoin on the platform and uses Ripple’s system to find available payment paths for the transfer. The transaction then proceeds through Ripple’s consensus mechanism, which finalizes the payment without waiting for the Bitcoin network’s confirmation times.
Larsen emphasizes the core advantage of this process, stating that the transaction was sent “off the Bitcoin blockchain” and completed instantly, unlike standard Bitcoin transactions that typically require users to wait for block confirmations.
Larsen demonstrates that through Ripple’s network, a Bitcoin payment can be completed instantly, bypassing the conventional block confirmation delay on the Bitcoin blockchain.
Ripple’s advancements in digital currency interoperabilityCrypto analyst Steph Is Crypto drew attention to the video, pointing out that Ripple had developed interoperability solutions for different digital currencies as early as 2013. The analyst specifically highlighted Ripple’s pathfinding technology, which played a key role in determining cross-currency payment routes within the network.
Unlike demonstrations focused solely on Ripple’s own asset XRP, Larsen’s example showed how users could initiate and settle payments in Bitcoin while leveraging Ripple’s multi-currency network. This capability underlined Ripple’s ambition to enable seamless transactions across various digital assets, not just its native token.
The demonstration provides a glimpse into Ripple’s foundational focus on facilitating cross-currency payments, a capability that remains relevant as financial institutions seek faster and more flexible settlement options.
Mini dictionary: Pathfinding technology in Ripple refers to the algorithm that identifies optimal routes for payments between different assets within the network, helping users send value from one currency or token to another efficiently across a decentralized ledger.
Debate over implications of the 2013 demonstrationThe renewed attention to the demonstration prompted further discussion online. User donSilverHaze questioned whether the example should be interpreted as evidence that Ripple had already solved Bitcoin’s transaction speed limitations at the time. The commenter noted that network conditions on Bitcoin in 2013 were different from what would be observed in later years, making it difficult to draw broad conclusions from the demo alone.
While acknowledging that Ripple’s pathfinding enabled Bitcoin payments without waiting for block confirmations, donSilverHaze cautioned that the demonstration should not necessarily be seen as proof that Ripple always provided a full solution to Bitcoin’s slower transaction speeds.
The 2013 demo showed Ripple’s potential to accelerate Bitcoin payments, but some observers noted that changing network conditions and broader adoption challenges meant the system was not a definitive fix to Bitcoin’s confirmation times.
The resurfaced video and subsequent discussions have highlighted Ripple’s early foray into creating interoperability across digital assets. The example shared by Larsen continues to resonate as the sector explores new methods to bridge the gap between different blockchain networks.
Bitcoin, salı sabahı 80.850 dolara düştükten sonra birkaç saat içinde 83.500 dolara yaklaştı. Bu sert dönüş, kripto piyasasında 810 milyon doları aşan tasfiyeye eşlik etti. Kayıpların yaklaşık yüzde 85’i yükseliş bekleyen long pozisyonlardan geldi.
Bitcoin 80.850 Dolardan Hızla Toparlandı Bitcoin, önceki iş haftasının sonunda 80.400 dolara gerileyerek 18 günlük en düşük seviyesini görmüştü. Alıcılar hafta sonunda devreye girdi ve BTC’yi 83 bin dolara taşıdı.
Ardından hedef 84 bin dolardı. Ancak pazartesi günü gelen satışlar yükselişi durdurdu. Salı sabahı yeni bir düşüş dalgası başladı ve Bitcoin, Bitstamp verilerine göre 80.850 dolara kadar indi.
Sonrasında yön yeniden değişti. BTC birkaç saat içinde 83.500 dolara yaklaştı. Fakat bu toparlanma, 84 bin dolar direncinin aşıldığı anlamına gelmiyor.
Altcoinlerde de Sert Hareketler Yaşandı Bitcoin’deki dalgalanma altcoinlere de yansıdı. Bazı büyük kripto varlıklar dip seviyelerinden toparlansa da son 24 saatlik performansları farklılaştı:
Ethereum (ETH): 2.410 dolara düştükten sonra yaklaşık 100 dolar toparlandı. XRP: 1,31 dolardan 1,36 dolara yükseldi. Buna rağmen 1,40 dolarda satışla karşılaştığı için son 24 saatte yüzde 3’ten fazla değer kaybetti.
Kripto Tasfiyeleri 810 Milyon Doları Aştı CoinGlass verilerine göre son 24 saatte yaklaşık 810 milyon dolar değerindeki long ve short pozisyon tasfiye edildi. Tasfiyelerin yaklaşık yüzde 85’ini long pozisyonlar oluşturdu. Bu dağılım, yükseliş beklentisiyle kaldıraçlı işlem açan yatırımcıların daha ağır kayıp yaşadığını gösteriyor.
Tasfiye edilen yatırımcı sayısı 173.611’e ulaştı. Binance’te gerçekleşen en büyük tekil tasfiyenin değeri ise 9,6 milyon doları aştı.
Bitcoin’in birkaç saat içinde önce 80.850 dolara gerileyip ardından 83.500 dolara yaklaşması, kaldıraçlı piyasalardaki riskin boyutunu ortaya koyuyor. Yine de fiyatın toparlanması tek başına düşüş baskısının sona erdiğini kanıtlamıyor. Piyasada 84 bin dolar seviyesi önemini koruyor.
Bitcoin Neden Düştü? Jeopolitik Gerilim ve Tahvil Baskısı Kripto piyasasındaki satış baskısı, Orta Doğu’daki çatışmanın tırmanmasıyla aynı döneme denk geldi. CBS’nin haberine göre Husilerin Suudi Arabistan’daki havalimanlarına yönelik saldırıları bir hafta içinde en az 20 kişinin ölümüne yol açtı. ABD Başkanı Donald Trump da Washington’un Yemen’deki Husilere karşı Suudi Arabistan’ın operasyonlarına katılabileceğini söyledi.
Enflasyon endişeleri de piyasalar üzerinde baskı oluşturdu. ABD Hazine tahvili getirilerinin 24 yılın en yüksek seviyelerine yakın seyretmesi, faiz getirisi sunmayan kripto varlıklara kıyasla tahvilleri daha cazip hâle getirebilir.
Asya piyasalarındaki satışlar da risk iştahını zayıflattı. Güney Kore’nin KOSPI endeksi salı günü yaklaşık yüzde 5 gerilerken Samsung Electronics ve SK Hynix hisseleri de düştü. Ethereum hazinesi şirketi BitMine’ın yönetim kurulu başkanı Tom Lee, Güney Kore piyasasındaki düşüşü kripto varlıkların kayıplarıyla ilişkilendirdi.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Bitcoin, salı sabahı 80.850 dolara düştükten sonra birkaç saat içinde 83.500 dolara yaklaştı. Bu sert dönüş, kripto piyasasında 810 milyon doları aşan tasfiyeye eşlik etti. Kayıpların yaklaşık yüzde 85’i yükseliş bekleyen long pozisyonlardan geldi.
Bitcoin 80.850 Dolardan Hızla Toparlandı
Bitcoin, önceki iş haftasının sonunda 80.400 dolara gerileyerek 18 günlük en düşük seviyesini görmüştü. Alıcılar hafta sonunda devreye girdi ve BTC’yi 83 bin dolara taşıdı.
Ardından hedef 84 bin dolardı. Ancak pazartesi günü gelen satışlar yükselişi durdurdu. Salı sabahı yeni bir düşüş dalgası başladı ve Bitcoin, Bitstamp verilerine göre 80.850 dolara kadar indi.
Sonrasında yön yeniden değişti. BTC birkaç saat içinde 83.500 dolara yaklaştı. Fakat bu toparlanma, 84 bin dolar direncinin aşıldığı anlamına gelmiyor.
Altcoinlerde de Sert Hareketler Yaşandı
Bitcoin’deki dalgalanma altcoinlere de yansıdı. Bazı büyük kripto varlıklar dip seviyelerinden toparlansa da son 24 saatlik performansları farklılaştı:
Ethereum (ETH): 2.410 dolara düştükten sonra yaklaşık 100 dolar toparlandı.
XRP: 1,31 dolardan 1,36 dolara yükseldi. Buna rağmen 1,40 dolarda satışla karşılaştığı için son 24 saatte yüzde 3’ten fazla değer kaybetti.
Kripto Tasfiyeleri 810 Milyon Doları Aştı
CoinGlass verilerine göre son 24 saatte yaklaşık 810 milyon dolar değerindeki long ve short pozisyon tasfiye edildi. Tasfiyelerin yaklaşık yüzde 85’ini long pozisyonlar oluşturdu. Bu dağılım, yükseliş beklentisiyle kaldıraçlı işlem açan yatırımcıların daha ağır kayıp yaşadığını gösteriyor.
Tasfiye edilen yatırımcı sayısı 173.611’e ulaştı. Binance’te gerçekleşen en büyük tekil tasfiyenin değeri ise 9,6 milyon doları aştı.
Bitcoin’in birkaç saat içinde önce 80.850 dolara gerileyip ardından 83.500 dolara yaklaşması, kaldıraçlı piyasalardaki riskin boyutunu ortaya koyuyor. Yine de fiyatın toparlanması tek başına düşüş baskısının sona erdiğini kanıtlamıyor. Piyasada 84 bin dolar seviyesi önemini koruyor.
Bitcoin Neden Düştü? Jeopolitik Gerilim ve Tahvil Baskısı
Kripto piyasasındaki satış baskısı, Orta Doğu’daki çatışmanın tırmanmasıyla aynı döneme denk geldi. CBS’nin haberine göre Husilerin Suudi Arabistan’daki havalimanlarına yönelik saldırıları bir hafta içinde en az 20 kişinin ölümüne yol açtı. ABD Başkanı Donald Trump da Washington’un Yemen’deki Husilere karşı Suudi Arabistan’ın operasyonlarına katılabileceğini söyledi.
Enflasyon endişeleri de piyasalar üzerinde baskı oluşturdu. ABD Hazine tahvili getirilerinin 24 yılın en yüksek seviyelerine yakın seyretmesi, faiz getirisi sunmayan kripto varlıklara kıyasla tahvilleri daha cazip hâle getirebilir.
Asya piyasalarındaki satışlar da risk iştahını zayıflattı. Güney Kore’nin KOSPI endeksi salı günü yaklaşık yüzde 5 gerilerken Samsung Electronics ve SK Hynix hisseleri de düştü. Ethereum hazinesi şirketi BitMine’ın yönetim kurulu başkanı Tom Lee, Güney Kore piyasasındaki düşüşü kripto varlıkların kayıplarıyla ilişkilendirdi.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Raoul Pal expects the cryptocurrency market to reach $10 trillion within the next 18 to 24 months and potentially $100 trillion by 2035. The Real Vision CEO believes rising global liquidity, AI investment, stablecoins and tokenized assets will support long-term crypto growth.
Speaking at Suie Base Camp in Singapore on October 7, Pal said crypto prices remain below their long-term trend but warned that financial conditions have not yet signaled a sustained recovery.
The outlook comes after more than $1 billion in leveraged crypto positions were liquidated over 24 hours on October 8–9, with most losses affecting traders who had bet on rising prices.
Bitcoin Is UndervaluedPal said Bitcoin is trading below its long-term trend and remains undervalued compared with technology stocks. However, he does not expect an immediate rally because global liquidity conditions remain weak.
He identified long-term interest rates, oil prices and the US dollar as key factors affecting financial markets. A weaker dollar and improving liquidity would provide a stronger signal for crypto prices.
“Crypto is far too cheap where it should be anyway,” Pal said, adding that investors should consider the long-term trend rather than focus only on short-term price movements.
Pal also advised investors who cannot tolerate sharp market declines to reduce their exposure and keep funds available for potential buying opportunities.
AI Investment Could Extend the Crypto CyclePal rejected the view that rising AI investment will necessarily lead to a major debt crisis. He argued that large technology companies have relatively low debt compared with their market valuations and cash-generating capacity.
He acknowledged that some AI infrastructure companies could face financial problems if revenues fail to meet expectations. However, he believes a failure involving a company such as OpenAI would not automatically end the broader AI investment cycle, as other companies could acquire its computing infrastructure.
Pal compared the current AI investment boom with the telecommunications expansion of the late 1990s. Although several telecom companies collapsed after investing heavily in internet infrastructure, their networks later supported wider internet adoption.
He also expects AI to increase productivity by reducing the cost of computing and generating intelligence. In his view, stronger productivity growth could help economies expand without requiring debt to rise at the same rate.
Pal said investors should not assume Bitcoin’s traditional four-year cycle will determine the timing of the next market peak, as broader economic and technology trends could extend the cycle.
Stablecoins and Tokenized Stocks Could Drive Crypto GrowthPal identified stablecoins and tokenized real-world assets as important sources of future demand for blockchain networks.
Stablecoins can support payments and trading, while tokenization allows traditional financial assets such as stocks, bonds and investment funds to be represented on blockchains.
He expects financial institutions to bring more assets on-chain, increasing the use of blockchain infrastructure beyond cryptocurrency trading. Pal also sees potential demand from AI agents that use digital financial services.
Discussing the scale of this opportunity, Pal said, “We’ll get to a trillion dollars of stable coins in by in the next four years, three years.”
His estimate reflects his expectation of continued stablecoin adoption rather than a guaranteed market outcome.
Raoul Pal’s $10 Trillion and $100 Trillion Crypto Market TargetsPal expects the total cryptocurrency market to reach approximately $10 trillion within 18 to 24 months and potentially $100 trillion by 2035.
These are market-wide projections, not specific price targets for Bitcoin or Ethereum. Pal did not provide individual coin prices in the cited remarks.
Reaching these valuations would depend on continued crypto adoption, improving liquidity and increased use of blockchain networks for financial transactions. The results would also depend on how market value is distributed across Bitcoin, Ethereum and other digital assets.
Pal said the financial system is beginning to move toward blockchain-based infrastructure, with stablecoins and tokenized securities among the developments he expects to support growth.
What Could Affect Crypto Prices Next?Pal said the market still lacks a clear signal for a sustained recovery. Investors should watch global liquidity, US dollar movements, oil prices and interest rates to assess whether financial conditions are improving.
Stablecoin supply is another indicator to monitor because it provides a measure of the dollar-linked assets available within crypto markets.
Although Pal remains bullish over the long term, further tightening in financial conditions could prolong market volatility. His projections depend on liquidity improving and adoption continuing; neither outcome guarantees that crypto prices will rise on a particular timeline.
Story Ends Here
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Leading cryptocurrencies plunged on Monday as geopolitical uncertainty and upcoming inflation data kept investors on edge.
Crypto Market PlungesBitcoin nearly slipped below the $81,000 mark before staging a late-evening rebound. Ethereum dipped to the $2,400 level and is now down nearly 10% over the last week. XRP and Dogecoin also recorded steep drops.
Cryptocurrency-related stocks also fell, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 1.08% and 0.83%, respectively.
More than $775 million in cryptocurrency positions were liquidated over the past 24 hours, including $493 million in just the last four hours, according to Coinglass data. Long position traders bore the brunt of the losses.
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Bitcoin’s open interest slipped 1.64% over the last 24 hours. Retail and whale derivatives traders on Binance, meanwhile, flipped “Bullish” on BTC, increasing their long exposure.
Top Gainers (24 Hours)
Dow Rallies, S&P Near FlatlineStocks had a mixed day on Monday. The Dow Jones Industrial Average rose 195.60 points, or 0.38%, to close at 51,850.55. The S&P 500, in contrast, fell 0.06% to end at 7,807.24, while the tech-heavy Nasdaq Composite shed 0.44% to close at 27,245.90.
Russian strikes on Ukrainian energy facilities continued even after President Donald Trump announced an “energy ceasefire” between the two countries.
The United States Oil Fund (NYSE:USO), which tracks WTI crude oil, sharply rebounded, closing up 1.91% at $151.03 on Monday.
‘Pullback Isn’t the End of Anything’Ali Martinez, a widely followed cryptocurrency analyst and trader, noted that whales have increased accumulation as Bitcoin fell from $87,000 toward $80,000. However, they believe the asset still needs to clear a key “hurdle” first.
“On-chain data shows nearly 800,000 BTC were previously traded around $84,569. A break above this supply zone would strengthen the case for a move higher,” the analyst predicted.
Technical analyst Kevin said that a year-end pullback was inevitable, although their “plan” remains unchanged: $77,000-$83,000 keeps $93,000-$100,000 in play, while a close below $77,000 opens $67,000-$76,000
“CPI Wednesday is the catalyst. A pullback isn’t the end of anything. It’s the next opportunity for the sidelined and should result in a higher low,” Kevin added.
Semiconductor and storage sectors were broadly lower in U.S. pre-market trading, with SanDisk and Micron down more than 3% each, and SK Hynix ADR dropping 5%.
According to market data from BIT (bit.com), semiconductor and storage sectors are broadly lower in pre-market US trading: Seagate Technology (STX) down 3.4%; Western Digital (WDC) down 3.8%; SanDisk (SNDK) down 3.3%; Micron Technology (MU) down 3.03%; SK Hynix ADR down 5%; NVIDIA (NVDA) down 0.8%; Intel (INTC) down 0.95%; Advanced Micro Devices (AMD) down 1.84%.
16 minutes ago
A crypto whale transferred 5,170 ETH to Tornado Cash, valued at $12.82 million.
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that accumulated 5,147 ETH at an average price of $1,886.7 between August 12 and 13 transferred 5,170 ETH (valued at $12.82 million) to Tornado Cash five hours ago. The batch of tokens has an unrealized profit of $3.056 million, and the purpose of the transfer remains unknown.
16 minutes ago
Analysis: Bitcoin long-term holders have been generating consistent profits since 2023, with their current unrealized profit buffer reaching 72%.
Crypto market analyst Axel Adler Jr says on-chain data shows the average cost basis of Bitcoin long-term holders (LTHs) stands at $48,600, with the current price roughly 72% above that level. This group has remained in profit since January 2023, with its closest approach to the cost line coming in March 2023. The LTH average cost basis has fallen 1.7% since hitting a peak of $49,500 on July 30. Since August 1, 60 out of 74 days have recorded negative weekly changes, with the largest single-week drop hitting 0.34% on August 25, and the current reading standing at -0.06%. The analyst notes this decline remains moderate; a further drop would signal accelerating selling pressure, while a return to positive territory would mean long-term holders are resuming accumulation.
16 minutes ago
Binance will adjust leverage and margin tiers for multiple USDT-margined perpetual contracts.
Binance will update the leverage and margin tiers for U.S. dollar-margined perpetual contracts including BLURUSDT, VELODROMEUSDT, MOVRUSDT, COOKIEUSDT, CVCUSDT, BICOUSDT, ARKUSDT, RAREUSDT, STXUSDT, JASMYUSDT, WIFUSDT, LSKUSDT, PTBUSDT and LYNUSDT at 14:30 (GMT+8) on October 16, 2026. The update is scheduled to be completed within one hour.
16 minutes ago
Bybit CEO Announces Plans to Launch Tokenized Stocks mStocks, Supporting 24/7 Two-Way Conversion and DEX Trading
Bybit CEO Ben Zhou announced during the "Make Your Move" global keynote speech that Bybit will partner with Mantle to launch the tokenized stock product mStocks. The product is fully backed by real assets at a 1:1 ratio, supports 24/7 round-the-clock two-way conversion, and will enable all AMM liquidity pools in the Mantle ecosystem for users to trade via decentralized exchanges.
16 minutes ago
Bybit CEO: Bybit's stock trading will subsequently support collateral, lending, and broker position transfers.
Bybit CEO Ben Zhou announced the launch of Bybit Direct Stock during his "Make Your Move" global keynote speech. Users can directly hold and trade real stocks via Bybit, gaining access to over 1,000 trading pairs and assets from the US market, as well as full ownership of the underlying stocks. Ben Zhou noted that these stock assets will be held in the Unified Trading Account (UTA). Going forward, Bybit plans to further support stocks as trading collateral and roll out a stock lending service. Additionally, the platform will facilitate broker transfers, enabling users to move stocks held at brokers such as Futu and Moomoo to their Bybit accounts for custody.
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Semiconductor and storage sectors were broadly lower in U.S. pre-market trading, with SanDisk and Micron down more than 3% each, and SK Hynix ADR dropping 5%.
According to market data from BIT (bit.com), semiconductor and storage sectors are broadly lower in pre-market US trading: Seagate Technology (STX) down 3.4%; Western Digital (WDC) down 3.8%; SanDisk (SNDK) down 3.3%; Micron Technology (MU) down 3.03%; SK Hynix ADR down 5%; NVIDIA (NVDA) down 0.8%; Intel (INTC) down 0.95%; Advanced Micro Devices (AMD) down 1.84%.
11 minutes ago
A crypto whale transferred 5,170 ETH to Tornado Cash, valued at $12.82 million.
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that accumulated 5,147 ETH at an average price of $1,886.7 between August 12 and 13 transferred 5,170 ETH (valued at $12.82 million) to Tornado Cash five hours ago. The batch of tokens has an unrealized profit of $3.056 million, and the purpose of the transfer remains unknown.
11 minutes ago
Analysis: Bitcoin long-term holders have been generating consistent profits since 2023, with their current unrealized profit buffer reaching 72%.
Crypto market analyst Axel Adler Jr says on-chain data shows the average cost basis of Bitcoin long-term holders (LTHs) stands at $48,600, with the current price roughly 72% above that level. This group has remained in profit since January 2023, with its closest approach to the cost line coming in March 2023. The LTH average cost basis has fallen 1.7% since hitting a peak of $49,500 on July 30. Since August 1, 60 out of 74 days have recorded negative weekly changes, with the largest single-week drop hitting 0.34% on August 25, and the current reading standing at -0.06%. The analyst notes this decline remains moderate; a further drop would signal accelerating selling pressure, while a return to positive territory would mean long-term holders are resuming accumulation.
11 minutes ago
Binance will adjust leverage and margin tiers for multiple USDT-margined perpetual contracts.
Binance will update the leverage and margin tiers for U.S. dollar-margined perpetual contracts including BLURUSDT, VELODROMEUSDT, MOVRUSDT, COOKIEUSDT, CVCUSDT, BICOUSDT, ARKUSDT, RAREUSDT, STXUSDT, JASMYUSDT, WIFUSDT, LSKUSDT, PTBUSDT and LYNUSDT at 14:30 (GMT+8) on October 16, 2026. The update is scheduled to be completed within one hour.
11 minutes ago
Bybit CEO Announces Plans to Launch Tokenized Stocks mStocks, Supporting 24/7 Two-Way Conversion and DEX Trading
Bybit CEO Ben Zhou announced during the "Make Your Move" global keynote speech that Bybit will partner with Mantle to launch the tokenized stock product mStocks. The product is fully backed by real assets at a 1:1 ratio, supports 24/7 round-the-clock two-way conversion, and will enable all AMM liquidity pools in the Mantle ecosystem for users to trade via decentralized exchanges.
11 minutes ago
Bybit CEO: Bybit's stock trading will subsequently support collateral, lending, and broker position transfers.
Bybit CEO Ben Zhou announced the launch of Bybit Direct Stock during his "Make Your Move" global keynote speech. Users can directly hold and trade real stocks via Bybit, gaining access to over 1,000 trading pairs and assets from the US market, as well as full ownership of the underlying stocks. Ben Zhou noted that these stock assets will be held in the Unified Trading Account (UTA). Going forward, Bybit plans to further support stocks as trading collateral and roll out a stock lending service. Additionally, the platform will facilitate broker transfers, enabling users to move stocks held at brokers such as Futu and Moomoo to their Bybit accounts for custody.
According to monitoring by Onchain Lens, a Bitcoin whale deposited 138 million USDC into Binance. The whale currently holds 200 million USDC and 61.68 million USDT, with a combined value of approximately $262 million.
Kripto para piyasası, küresel piyasalardaki satış baskısının etkisiyle geriledi. Toplam piyasa değeri yüzde 0,94 azalarak 2,81 trilyon dolara inerken Bitcoin ve Ethereum da değer kaybetti. 13 Ekim saat 09.27 TSİ itibarıyla Bitcoin yüzde 0,40 düşüşle 83.492 dolardan, Ethereum ise yüzde 1,25 kayıpla 2.522 dolardan işlem gördü. Asya teknoloji hisselerindeki sert satışlar, Orta Doğu’daki gerilim ve ABD enflasyon verilerine yönelik beklentiler yatırımcıların risk iştahını zayıflattı.
Altcoin piyasasında kayıplar daha belirgin oldu. XRP yüzde 2,88 gerileyerek 1,36 dolara, Solana ise yüzde 3,97 düşerek 108,02 dolara indi. Son 24 saatte Stacks (STX) yüzde 11,65 yükselişle en iyi performansı gösterirken Starknet (STRK) yüzde 18,30 düşüşle en fazla değer kaybeden varlık oldu.
Asya Teknoloji Hisseleri Kripto Paraları Nasıl Etkiledi?
Kripto varlıklardaki düşüşün arkasında, Asya’daki çip üreticilerinin hisselerinde ve ABD teknoloji vadeli işlemlerinde görülen satışlar bulunuyor. Teknoloji sektörüne ilişkin endişeler, yatırımcıların riskli varlıklara olan talebini azalttı.
Güney Kore’nin KOSPI endeksi gün içinde yüzde 6’dan fazla gerileyerek 6.000 puanın altına indi. Böylece endeks, temmuz sonundan bu yana en düşük seviyesini gördü. Sabah işlemlerinde de yaklaşık yüzde 6’lık düşüş yaşandı.
Samsung Electronics ve SK Hynix hisseleri yaklaşık yüzde 8 değer kaybetti. İki şirketin hisselerinde düşüş serisi beş işlem gününe ulaştı. Yapay zeka sektöründeki yüksek değerlemelere yönelik kaygılar ve Çinli bellek çipi üreticilerinin artan rekabeti satış baskısını güçlendirdi.
Diğer piyasalarda da benzer bir zayıflık görüldü. Hong Kong Hang Seng endeksi yüzde 0,4 gerilerken Nasdaq vadeli işlemleri yüzde 0,6 düştü. Bu hareket, Nasdaq’ın pazartesi günü kaydettiği yüzde 0,78’lik kaybın ardından teknoloji hisselerindeki baskının sürdüğünü gösterdi.
Orta Doğu’daki Gerilim Piyasaları Neden Tedirgin Ediyor?
Suudi Arabistan’a yönelik yeni saldırılar ve Hürmüz Boğazı’ndan geçen gemilere yönelik tehditler, enerji piyasalarındaki belirsizliği artırıyor. Bölgedeki gelişmelerin petrol fiyatları ve enflasyon üzerindeki olası etkileri, küresel yatırımcıların gündeminde yer alıyor.
Enerji maliyetlerinde yaşanabilecek artış, enflasyon baskısını güçlendirerek merkez bankalarının faiz politikasını etkileyebilir. Böyle bir senaryo, riskli varlıklar üzerinde ek baskı yaratabilir. Bu nedenle kripto para piyasasındaki hareketleri değerlendirirken jeopolitik gelişmeleri de hesaba katmak gerekiyor.
ABD Enflasyon Verileri Bitcoin İçin Neden Önemli?
Bu haftanın önemli gündem maddeleri arasında ABD Tüketici Fiyat Endeksi (TÜFE) ve Üretici Fiyat Endeksi (ÜFE) bulunuyor. TÜFE çarşamba, ÜFE ise perşembe günü açıklanacak. Her iki veri de enflasyonun yönü ve ABD Merkez Bankasının (Fed) faiz politikası hakkındaki beklentileri etkileyebilir.
Enflasyonun beklentileri aşması, Fed’in daha sıkı para politikası uygulama ihtimalini artırarak riskli varlıklara yönelik baskıyı güçlendirebilir. Verilerin beklentilerin altında kalması ise faiz görünümünün yeniden değerlendirilmesine ve piyasalarda farklı bir fiyatlamaya yol açabilir.
Kripto ETF’lerinde Hangi Varlıklardan Para Çıktı?
12 Ekim’de spot Bitcoin ETF’lerinden 65,40 milyon dolar, spot Ethereum ETF’lerinden ise 85,40 milyon dolar net çıkış yaşandı. Altcoin fonlarında ise para akışları farklı yönlere ilerledi.
SOL ETF’lerinden 699,83 bin dolar, ZEC ETF’lerinden 1,66 milyon dolar, HYPE ETF’lerinden 2,35 milyon dolar ve DOGE ETF’lerinden 399,46 bin dolar net çıkış gerçekleşti. Buna karşılık LINK ETF’leri 1,18 milyon dolar, NEAR ETF’leri 3,98 milyon dolar ve DOT ETF’leri 727,70 bin dolar net giriş kaydetti. BNB, XRP, TRX, LTC, AVAX ve HBAR ETF’lerinde ise net para akışı görülmedi.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Binance will discontinue its Bitcoin mining pool and related services on November 10, 2026, the exchange said in an official announcement published October 13. The shutdown covers Binance Pool, Pool Savings, Cloud Mining, and the Transaction Accelerator, and it requires miners to move their hardware to another pool before the cutoff.
Binance described the decision as part of an ongoing review of its products and services and did not cite a specific reason for the exit.
What Binance Is Shutting Down
The discontinuation covers the core mining pool alongside a cluster of adjacent products, including Pool Savings, Cloud Mining, and the Transaction Accelerator. Telegram hashrate alerts, email notifications, and the mining pool API services will also be retired.
At 07:00 UTC on November 10, Binance will disconnect mining connections and disable its Stratum URLs and mining endpoints. Hashrate submissions and mining shares received after that time will no longer be accepted, processed, or credited.
Binance Pool is expected to keep operating under normal conditions until the cutoff, and eligible mining shares submitted before 07:00 UTC will be included in the final reward calculation. On November 10, Binance will also remove all links to Binance Pool from its homepage.
What Miners Must Do Before the Cutoff
Binance is directing users to disconnect from the pool and reconfigure their miners to a different pool before November 10 to avoid interruptions. Anyone holding active Pool Savings positions should redeem them before the service ends, and miners should complete any required identity verification by 23:59 UTC on November 10 to help ensure eligible rewards are processed.
Outstanding rewards, balances, and settlements will be processed after the cutoff, subject to product rules, account status, and compliance checks. Binance Pool pages will remain viewable for 14 days, until November 24, for historical data and payout records.
An Exchange Steps Back From Mining
The retreat reverses years of mining expansion by the exchange, which had built out cloud mining products and added new coins to its pool. It also lands amid turbulence in the mining sector, where once-leading pool Poolin filed for Chapter 11 bankruptcy.
For affected miners, the practical consequence is a forced migration: those who do not switch pools before the cutoff will see their hardware stop earning until it is reconnected elsewhere.
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Binance on Tuesday said it plans to discontinue its crypto mining pool and related services on November 10. The world’s largest crypto exchange is closing services, including Binance Pool, Pool Savings, Cloud Mining, and the Transaction Accelerator, along with related features such as Telegram hashrate alerts, email notifications, and mining pool APIs.
Binance Pool will begin closing crypto mining connections, with disabling mining pool Stratum URLs and mining endpoints first. Hashrate submissions and mining shares submitted after 7:00 UTC on November 10 will no longer get accepted, processed, or credited.
No new rewards, yield, or service benefits will accrue after this time. Binance will process outstanding rewards, balances, refunds, or settlements after 7:00 UTC on November 11.
These are “subject to applicable product rules, account status, risk controls, compliance checks, and applicable laws. Eligibility is determined in accordance with the applicable mining pool product terms,” the leading crypto exchange added.
Binance Pool pages will remain accessible for viewing historical data, account records, and payout status until 07:00 UTC on November 24. After this, all access will be permanently unavailable.
Users are advised to disconnect from Binance Pool and reconfigure miners to point to a different crypto mining pool before the discontinuation. Unsubscribe or redeem active Pool Savings positions. They need to ensure that accounts can receive rewards, refunds, or settlements, including completing required identity verification.
Why Is Binance Discontinuing its Crypto Mining Pool?
Binance cited an ongoing review of its products and services as the reason for discontinuing its Binance Pool mining services and related offerings. The crypto exchange has one of the best Bitcoin mining pools.
Binance has framed the decision as a routine evaluation of its portfolio rather than tying it to external factors such as profitability, regulatory pressure, or market conditions.
The crypto assets impacted based on active workers, include Bitcoin, Zcash, Litecoin, Ethereum Classic, Bitcoin Cash, and Kaspa. Notably, there are 1.35 million Bitcoin active workers and 1,509 Zcash active workers.
As per the latest data, Binance Pool accounts for almost 65 EH/s of the global Bitcoin hashrate. This corresponds to 7% to 8% of the current Bitcoin hashrate of 968 EH/s. Binance Pool’s exit will not impact the network or BTC price.
