bitcoin is up 1.13% and trading around $84,012, holding above key moving averages and remaining in a zone where the next move could determine a breakout from the $82,602–$85,422 range. What Is Supporting Bitcoin’s Growth One of the notable factors for the market has been Strategy’s activity. The company bought 334 Bitcoin between September 28…
Bitcoin recovered above the $84,000 mark after a volatile past week. The move was supported by the closing of short positions and a small inflow of funds into US spot bitcoin ETFs on October 9. However, over the past 7 days, the coin was still down by about 3.3%, so the current rise looks more…
American spot bitcoin ETFs have attracted only $232 million over the last 13 trading sessions, even though on September 21 and 22 these funds saw inflows of $1.7 billion. After a surge in interest, inflows sharply decreased, and some days ended with outflows. Bitcoin recovered above $83,000 overnight, but this happened during a period when…
bitcoin has appreciated over the past 24 hours and reached $83,510.94, while the overall sentiment in the cryptocurrency market has also shifted toward growth for most major assets. According to CoinMarketCap, Bitcoin gained 0.87% in 24 hours. However, this short-term recovery does not yet offset the recent decline: over the past 7 days, the cryptocurrency…
MemeCore is falling under seller pressure: the M token is trading around $0.9334 after a daily drop of 7.05% and remains below key moving averages, confirming the weakness of the short-term outlook. Main Signals for M/USD M/USD remains below important moving averages, so bearish pressure persists across several timeframes. Momentum indicators and oscillators show strong…
This weekly digest compiles the key events of the week in cryptocurrencies, blockchain, and artificial intelligence: Samsung is preparing USDC support in Wallet, ZachXBT uncovered a scheme allegedly laundering over $1 billion, Tether is exploring projects in Kazakhstan, Elon Musk’s net worth once again exceeded $1 trillion, and the Ethereum Foundation discussed cryptography risks due…
The threat of AI to post-quantum cryptography has become the subject of a public dispute between Ethereum co-founder Vitalik Buterin and Cardano founder Charles Hoskinson. Buterin warned that artificial intelligence could find weaknesses in lattice-based cryptography, while Hoskinson called such concerns panic and accused his opponent of bias. Why Buterin Fears Not Only Quantum Computers…
Trump’s Iran commitment — Donald Trump's statement that the US will not strike Iran until the midterm elections — helped Bitcoin hold around $82,600 and recover from Thursday's low of about $80,400. After Trump's words, market pressure shifted toward traders betting against Bitcoin. The largest cryptocurrency recovered from a sharp drop, and sellers found themselves…
Quantum threats to cryptocurrencies and encrypted information already require preparation: On October 7, Europol released two reports, where the main weak point of digital assets is named as the cryptographic keys used to access wallets and confirm transactions. According to the agency, waiting for the appearance of practically applicable quantum attacks is dangerous: the transition…
The US government is transferring BTC and BNB worth over $100 million: wallets associated with it conducted large cryptocurrency transactions on Tuesday, but there is no confirmation of the sale of these assets yet. Main Points Wallets linked to the US government transferred more than $100 million in cryptocurrency, including about $71.6 million in Bitcoin…
Small altcoins have become more noticeable in the market again: while Bitcoin, Ether, and other major cryptocurrencies are moving in a volatile range, certain lower-cap tokens are showing double-digit growth. The main leader was BTW, the native token of Bitway—a Bitcoin-compatible layer 1 blockchain operating on proof-of-stake and focused on decentralized finance infrastructure. In 24…
Chinese crypto transactions in mainland China from July last year to June this year totaled at least $176 billion, even though the country has a complete ban on crypto exchanges and other crypto services. According to Chainalysis, 59.1% of all activity was direct transfers between users. Analysts note that over the year, the share of…
