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At the start of the week, Bitcoin reached $121,603 before a correction on October 7 pushed it below $120,000. It is currently trading near $121,000, about 4% below its recent high of $126,220, showing resilience despite short-term volatility. Analysts such as Justin d’Anethan from Arctic Digital and Vincent Liu from Kronos Research note that this … Read more
The cryptocurrency market faced renewed turbulence as Bitcoin fell sharply to around 121,000 dollars following the opening of U.S. markets. This decline, driven by persistent macroeconomic uncertainty and concerns over a potential government shutdown, triggered wider losses among altcoins, with tokens like XRP, XPL, and NEAR suffering sharper drops. Within the first hour of trading, … Read more
The September FOMC minutes from the U.S. Federal Reserve hinted at potential additional rate cuts before the end of the year, prompting Bitcoin to stabilize between $121,000 and $124,000. Policymakers foresee up to two more rate reductions, with futures markets already pricing in looser financial conditions in the fourth quarter. Tim Misir, head of research … Read more
DeFi Development, in partnership with Superteam Japan, has unveiled Japan’s first Solana-based treasury, DFDV JP, valued at $222 million. Following the announcement, Solana’s native token, SOL, saw a positive price reaction, standing out among altcoins by returning to the green zone. This initiative marks DeFi Development’s second expansion in Asia and aims to provide institutional … Read more
The Ethereum Foundation is stepping up its commitment to privacy innovation through a new initiative that brings multiple research projects under one unified structure. Since 2018, Ethereum’s Privacy and Scaling Explorations (PSE) team has driven advancements such as anonymous signaling with Semaphore and private voting with MACI both serving as key prototypes for privacy-focused blockchain … Read more
On October 8, XRP attempted to break above the $2.90 level but quickly retraced due to profit-taking, closing the day near $2.85. A fresh supply zone has formed between $2.92 and $2.93, keeping the token confined within a narrow 3% range. While XRP’s mid-term institutional outlook remains intact, short-term momentum has weakened amid macroeconomic headwinds … Read more