Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets. Still, some traders see this range as an opportunity to re-enter the market. Market Pullback Brings Price Near Buy Zone Bitcoin is priced around $105,000 at press time, based on CoinGecko data. Analyst Michaël van de Poppe says attention is shifting away from Bitcoin, but the current range could offer value. “In these…
Day: October 17, 2025
Stripe’s Tempo blockchain raises $500M at $5B valuation
Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit Capital and Ron Conway’s SV Angel also joined the round, while Stripe and Paradigm did not contribute additional capital, a person familiar with the deal said. The news comes less than two months after Stripe, a global payments and fintech giant, unveiled plans for its new layer-1 blockchain in partnership with Paradigm, a venture capital firm that invests in…
Is Wave 5 Still Coming or a New Bull Trend Emerging?
Wave 4 pause hints at one final leg down before a major bullish reversal for XRP. Ripple (XRP) suffered a 6% decline over the past day, and traders are now questioning whether the worst is over or if one more leg down is still on the cards. Data suggest that this pause aligns with the classic Elliott Wave Theory (EWT) pattern, where extreme moves are often followed by a Wave 4 consolidation, and set the stage for a final impulse wave. Market Ready to Reverse? Historically, markets rarely pivot…
Huobi Founder Raises $1B to Buy Ether: Report
Li Lin, the founder of cryptocurrency exchange Huobi and chair of investment company Avenir Capital, has reportedly raised about $1 billion as part of a strategy to invest in Ether. According to a Bloomberg report on Friday, Li has partnered with Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai Wensheng to launch an Ether accumulation strategy through a Nasdaq-listed shell company. The project raised $1 billion, which included $500 million from HongShan Capital Group and $200 million from Avenir. With the support of the Ether…
Longtime Ethereum Researcher and Developer Dankrad Feist Joins Tempo
Dankrad Feist, a longtime Ethereum developer and researcher at the Ethereum Foundation, announced Friday that he’s joining Tempo, a layer-1 blockchain for payments and stablecoins built by Stripe and Paradigm. Feist said he will remain as a “research adviser” at the Ethereum Foundation to provide input on scaling the layer-1 network, improving user experience (UX), and blobs, a feature of the Ethereum network that frees up blockspace by temporarily storing data. He added: “Tempo’s open-source technology can easily integrate back into Ethereum, benefiting the entire ecosystem. Ethereum and Tempo are…
ETH Sell-off Fails To Shake Ether Options Traders
Key takeaways: ETH futures premium shows traders are staying cautious and avoiding heavy leverage even as banking stocks rebound from recent credit concerns. Ether whale activity near $3,700 suggests limited bearish conviction, though confidence in a swift recovery toward $4,500 remains subdued. Ether (ETH) dropped 9.5% on Friday, retesting the $3,700 level and triggering $232 million in leveraged long liquidations within 48 hours. The unexpected correction came amid a broader risk-off move fueled by credit concerns after two US regional banks announced write-offs on bad loans. Ether derivatives data shows…
DOGE Dumps Hard, but History Suggests a Whopping $7 Target
Dogecoin trades near $0.18 after a 29% weekly drop. Analysts track repeating cycles that could push price to $5–$7 if trends hold. Dogecoin is trading around $0.18 after dropping more than 29% over the past week. The asset is down by 9% in the past day alone. Despite the decline, some analysts point to long-term price patterns that may repeat. If the structure follows past cycles, a sharp move higher could follow. Dogecoin Follows Repeating Market Cycles The chart from Bitcoinsensus shows three repeating cycles in Dogecoin’s history. Each…
Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?
Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Source link
BitMEX Co-founder’s Family Office Seeking $250M for Private Equity Fund
Maelstrom, the family office connected to BitMEX co-founder Arthur Hayes, is reportedly looking to raise $250 million for a private equity fund aimed at acquiring crypto companies. According to a Bloomberg report on Friday, the fund plans to use $40 million to $75 million for each acquisition of as many as six crypto companies, with funding expected to be completed by September 2026. Maelstrom will reportedly focus on companies offering trading infrastructure and analytics platforms. Maelstrom co-founder and managing partner Akshat Vaidya reportedly said investors in the fund “want exposure…
Bitcoin Dips Below $105K But US Banking Stress Eases
Key takeaways: Bitcoin price stabilized after US regional banks posted stronger-than-expected earnings, easing credit fears. One analyst predicted Bitcoin’s bull run could end in 10 days. Bitcoin (BTC) fell more than 5% to trade below $105,000 on Friday, extending a two-day decline as renewed US banking stress rattled risk markets and revived concerns over broader financial stability. On Friday, US banking stocks showed signs of resilience, and global market sentiment steadied pre-market. Bitcoin one-day chart. Source: Cointelegraph/TradingView However, BTC continued to struggle near $105,000, not benefiting from improved risk appetite…