Bitcoin Edges Toward Record Highs with Bullish October Outlook

Bitcoin (BTC) has recently surpassed the $120,000 mark, climbing to $122,068 and moving closer to its all-time high. Market optimism is building for October, with analysts from Bull Theory projecting that prices could reach as high as $143,000 this month. This would represent a potential 20% gain, supported by historical performance and current technical signals … Read more

US Federal Court Rules BAYC NFTs and ApeCoin Are Not Securities

A US federal court has ruled that the Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not qualify as securities, providing long-awaited legal clarity for the digital asset industry. The decision, delivered by Judge Fernando M. Olguin in California, dismissed a 2022 lawsuit against Yuga Labs that accused the company of conducting unauthorized securities … Read more

Bitcoin ETFs See Nearly $1 Billion in Inflows as Prices Approach Record Highs

On October 3, U.S. spot Bitcoin ETFs recorded massive inflows totaling $985 million, according to data from SoSoValue. The majority came from BlackRock’s IBIT, which alone attracted $791.5 million. Other funds also contributed, including FBTC with $69.6 million, ARKB with $35.5 million, HODL with $26 million, BITB with $24 million, Grayscale BTC with $20.1 million, … Read more

Coinbase Seeks Federal Trust Charter to Strengthen Regulatory Strategy and Institutional Confidence

Coinbase, the largest U.S. cryptocurrency exchange, announced on October 3 that it has formally applied to the Office of the Comptroller of the Currency (OCC) for recognition as a national trust company. This move aims to place the company under a single federal framework, streamlining oversight of new products and creating a clearer bridge between … Read more

Samsung Expands Galaxy Users’ Access to Cryptocurrency Through Coinbase Partnership

Cryptocurrencies continue to gain global recognition as Bitcoin once again surged past the $120,000 mark, reinforcing their growing influence in the financial landscape. In this dynamic scenario, Samsung has announced a major step forward, bringing cryptocurrency accessibility to Galaxy users in the United States through a new partnership with Coinbase One. Galaxy owners using Samsung … Read more

Bitcoin Breaks Resistance as Altcoins Gain Momentum

Bitcoin ($123,665) has surged past the critical $120,000 resistance level, aiming for new all-time highs. While some traders have increased short positions, the setup could trigger a short squeeze that pushes prices even higher. Alongside Bitcoin’s rally, altcoins are showing steady gains with limited volatility. In the derivatives market, open interest in Bitcoin futures reached … Read more