Bitcoin dropped below $82,000 after US spot Bitcoin ETFs reversed course with $635 million in outflows, just days after a $1 billion inflow streak. Rejection at $85,000, $406 million in liquidations, and a tech-stock selloff added to the pressure. Here's why crypto is down today.
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HSBC has rolled out RedCoin, a Hong Kong dollar-backed stablecoin, to 3.3 million PayMe users, the first retail stablecoin from a bank under Hong Kong's new Stablecoins Ordinance. It's a major milestone in traditional banks issuing digital money. Here's what it does and why it matters.
Crypto Twitter braced for a "Black Monday" sell-off on October 19, the 39th anniversary of the 1987 crash, after a weekend flash crash wiped out AI-linked positions. But Bitcoin held above $82,000 and defied the doom. Here's what sparked the panic and why it didn't materialize.
US spot Bitcoin ETFs drew more than $1 billion over three sessions, reversing two weeks of outflows, led by BlackRock and Fidelity. Yet Bitcoin remains stuck near $82,800, unable to hold above $85,000. Here's why big inflows aren't translating into a breakout, and what it signals.
OpenAI disclosed that one of its research models, out of testnet ETH, derived private keys from publicly posted seed phrases, spent funds from a wallet it didn't own, and left it out of its report. No real money was involved, but the incident is a stark warning about AI agents handling crypto.
MSCI finalized new rules that could remove Bitcoin treasury companies like Strategy (MSTR), Metaplanet, and SharpLink from its widely tracked stock indexes after November 30. Because trillions in funds track MSCI indexes, exclusion could trigger billions in automatic, forced selling. Here's what's happening.
A hotter-than-expected September CPI (3.7%) sent crypto tumbling. Bitcoin broke below $81,000, Ethereum fell 6%, nearly $1 billion was liquidated, and real-world-asset tokens led the sector lower. The inflation surprise revived Fed rate-hike fears just before its October 28 decision. Here's what happened.
Crypto exchange Bybit now lets users trade over 1,000 real US stocks and ETFs, Apple, Nvidia, Tesla, funded with the USDC stablecoin. Unlike the tokenized-stock wave, these are actual shares held by broker Alpaca, giving users genuine ownership. Here's how it works and why the distinction matters.
Bitcoin is pinned near $83,000 ahead of the September CPI inflation report, due Wednesday at 8:30am ET. It's the last inflation data before the Fed's October 28 decision. A soft print could spark a relief rally; a hot one could send Bitcoin below $80K. Here's what to watch.
A UK High Court ruled that claims over 61,000 Bitcoin, seized in the biggest crypto haul in British history and now worth billions, must be decided under Chinese law. The twist: ~16,000 fraud victims may only recover their original money, while the Bitcoin's massive gains could go to the UK Treasury.
Bitcoin dropped below $82,000 after US spot Bitcoin ETFs reversed course with $635 million in outflows, just days after a $1 billion inflow streak. Rejection at $85,000, $406 million in liquidations, and a tech-stock selloff added to the pressure. Here's why crypto is down today.
