After a rough stretch last week, the crypto market is bouncing back, with major coins leading a broad recovery. Summary The crypto market is rebounding, with Bitcoin back above $111,000 and Ethereum near $4,100 as Solana leads altcoins higher. Growing “Uptober” optimism is fueling the rally after last week’s heavy liquidations and market downturn. Anticipation…
CME gap keeps Bitcoin’s bounce fragile even as on-chain metrics show holder conviction. Summary CME Bitcoin futures opened a gap that could trigger a quick Bitcoin price pullback if it closes. On-chain MVRV and long-term holder behavior point to limited selling pressure. Key levels to watch include support around $109k–$111k and resistance close to $115k–$118k…
Hyperliquid price gained 5% as Hypurr NFTs launched, with rising trading activity and key resistance at $50 now in focus. Summary HYPE trades near $47, up 5% in 24 hours. Hypurr NFTs debut, floor price hits $68K. $50 resistance is key, $44 remains strong support. Hyperliquid is trading at $47.23 at press time, up 5%…
After weeks of sluggish performance, the XRP price has broken a key level as traders gear up for an “Uptober” rally and the SEC’s decision on multiple Ripple ETF filings. Summary XRP price trades at $2.85 after bouncing from $2.70 support last week. Technical indicators hint at more upward movement with $3.20–$3.50 being a potential…
Qatar National Bank has recently adopted JP Morgan’s Kinexys blockchain technology to process its USD payments, providing faster transactions and around-the-clock services for fiat currency. Summary Qatar National Bank has become the first bank in Qatar to adopt JPMorgan’s Kinexys blockchain platform to process USD payments on-chain. The move expands on QNB’s broader Web3 strategy,…
A wallet allegedly linked to the world’s largest YouTuber, MrBeast, has accumulated over $1 million worth of BNB Chain-based decentralized exchange token ASTER over the past few days. Summary A wallet allegedly tied to MrBeast accumulated over $1 million worth of ASTER, according to Lookonchain. ASTER has surged more than 1,800% since launch. According to…
Babylon has proposed cutting BABY inflation and launching BTC-BABY co-staking, a system designed to align Bitcoin and BABY holders while reducing supply growth. Summary The proposal aims to cut inflation from 8% to 5.5%. BTC-BABY co-staking aligns Bitcoin and BABY holders. Testnet in September, mainnet launch in October. Babylon has put forward a governance proposal…
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins recently told Fox Business that the agency will pursue crypto rulemaking and seek an innovation exemption to maintain the U.S.’s leadership in digital finance. Summary In an interview with Maria Bartiromo, Paul Atkins clarified that the SEC is preparing an innovation exemption for the end of…
On September 23, Ian Calderon joined the Gubernatorial Elections in California. He vowed to ensure that Bitcoin would be on the state’s balance sheet if he were elected. However, many in the Bitcoin community are skeptical. Summary Calderon has a multi-year track record of advocating for crypto and Bitcoin in the California legislature. Calderon is…
Jan3 founder Samson Mow believes global Bitcoin adoption by nation-states is approaching a tipping point where the pace could accelerate quickly from gradual to sudden. Summary Samson Mow says nation-states near sudden Bitcoin adoption tipping point U.S. Bitcoin reserve plans spark global pressure for faster crypto moves Market cycle delays surprise Mow, who sees next…
