Bitcoin rebounds above $114K after key support hold, with analysts watching $117K and $120K as targets for the next bullish move. Bitcoin (BTC) is showing signs of strength after bouncing from key support levels and closing back above a historically important resistance line. The current recovery follows a sharp move down at the end of the previous week, with traders now watching whether BTC can reclaim higher levels and extend the move toward $117,000. Recent price action shows the market reacting at well-established technical zones. Analysts are tracking these…
Day: October 14, 2025
JPMorgan To Offer Crypto Trading But Won’t Custody Assets Directly
JPMorgan is looking to scale up its blockchain and crypto exposure and is now developing plans to offer cryptocurrency trading services, according to a company executive. Custodying crypto directly is currently off the table, however. Speaking on CNBC’s Squawk Box Europe on Monday, JPMorgan’s global head of markets and digital assets, Scott Lucas, was asked if the banking giant would follow competitors such as Citibank into custodying crypto for its clients. In response, Lucas explained that it’s not on the “horizon near-term” for the bank, but emphasized that it is…
FUD and Politics Are Driving Bitcoin in 2025
“Smart traders” picked up more Bitcoin and altcoins last week as retail investors overreacted to US President Trump’s 100% tariff against China, according to onchain analytics platform Santiment. “Retail’s emotions often dictate that Bitcoin’s and altcoins’ prices are about to do the opposite,” Santiment analyst Brian Q said in a blog post on Monday. The crypto markets crashed on Friday as US President Donald Trump announced stiff tariffs against China. Brian Q said the event was one of four dates in particular this year that drove peak crowd fear. Other…
BitMEX Launches Uptober Carnival Featuring a $1,000,000 Prize Pool
[PRESS RELEASE – Mahe, Seychelles, October 13th, 2025] BitMEX, one of the safest crypto exchanges, announced today the launch of its Uptober Carnival, allowing traders to compete for their share of a 1,000,000 USDT prize pool, iPhone 17 Pros, and up to $100,000 worth of BMEX tokens. The competition will run from 10 October 2025 at 12:00 AM (UTC) to 9 November 2025 at 11:59 PM (UTC). Users can participate in the competition anytime during the campaign period. Rewards will be distributed across 3 categories: 50% Off BTC, ETH, and…
Kenya passes bill to regulate Bitcoin and cryptocurrencies
Key Takeaways Kenya has officially enacted legislation regulating Bitcoin and other cryptocurrencies. The Virtual Asset Service Providers Bill assigns regulatory authority over Kenya’s crypto sector to the Central Bank and Capital Markets Authority. Share this article Kenya’s parliament has approved a landmark bill to regulate Bitcoin and other crypto assets, a move that would position the East African nation as a leader in Africa’s fintech landscape. The Virtual Asset Service Providers Bill designates the Central Bank of Kenya to license issuers of stablecoins and virtual assets, while the Capital Markets…
ETH Chart Flashes Classic Rally Pattern, $4.8K or $7K Next?
Ethereum reclaims $3,650 support after a false breakdown; charts and demand point to a possible rally toward $4,800 or $7,000 by 2026. Ethereum (ETH) has moved back above key support after a brief breakdown, with the asset recovering toward $4,150. The move comes after a 24-hour gain of over 8%, though ETH remains down more than 8% over the past week. Pattern Repeats After False Breakdown A chart shared by Trader Tardigrade outlines a recurring price pattern: a false breakdown, followed by a reclaim of support, and then a…
Bhutan Integrates National ID System on Ethereum
The South Asian nation of Bhutan is migrating its self-sovereign ID system to Ethereum from Polygon, allowing its nearly 800,000 residents to verify their identities and access government services. The integration with Ethereum has been completed, while the migration of all resident credentials is expected to finish by the first quarter of 2026, according to Ethereum Foundation President Aya Miyaguchi, who joined Ethereum co-founder Vitalik Buterin at the launch ceremony with Bhutan’s prime minister, Tshering Tobgay, and crown prince, Jigme Namgyel Wangchuk. Source: Aya Miyaguchi “It’s deeply inspiring to see…