Day: October 17, 2025

Bitcoin Price Shows Signs That $126K Was The Peak

admin

Key takeaways: Market analysts believe the Bitcoin bull run could soon come to an end.   BTC price risks a 50% correction to $52,200 if key support levels fail, according to technical analysis. Bitcoin (BTC) fell to $103,500 on Friday, resulting in over $916 million in liquidations of leveraged long positions and dampening sentiment in BTC markets. Investors appear to be losing confidence after two straight weeks of failing to hold prices above $110,000. But does this mean the bull run is over? Bitcoin bull run “ends in 10 days” Bitcoin…

Russia Leads Europe In Crypto Adoption With $376B Tracked

admin

Crypto adoption in European countries like the United Kingdom and Germany is lagging behind Russia, according to the latest report from US blockchain analytics firm Chainalysis. Russia emerged as the leading crypto market in Chainalysis’ latest European Crypto Adoption report, receiving $376.3 billion in crypto between July 2024 and June 2025. Published Thursday, the report combines analyses of regions previously examined separately, covering Central, Northern, and Western Europe, as well as Eastern Europe as a whole. “For this year’s analysis, we’ve reorganized our regional classifications to better reflect both current…

Is $3.5K Next for ETH After 13% Weekly Drop?

admin

Ethereum continues its correction phase after failing to maintain momentum above $4,200. The market’s sentiment remains cautious as ETH trades around $3,700, showing weakness both technically and sentiment-wise. Buyers are seemingly losing control, and the focus now shifts to key support zones below. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH has broken below the long-term ascending channel structure and the 100-day moving average, located around the $4,100 mark. The price is currently moving toward the 0.5 Fibonacci retracement level at $3,530. This zone is a…

The Ghost of MT. Gox Will Stop Haunting Bitcoin This Halloween

admin

Mt. Gox, the defunct Tokyo-based cryptocurrency exchange, still holds around 34,689 Bitcoin (BTC) ahead of its Oct. 31 repayment deadline. The exchange lost around 650,000 BTC in thefts that went undetected from 2011 until its 2014 collapse, while about 200,000 BTC was later found in an old-format wallet. Those coins became the foundation for creditor repayments overseen by court-appointed trustee Nobuaki Kobayashi. In 2017 and 2018, Kobayashi earned the nickname “Tokyo Whale” for selling Mt. Gox Bitcoin to fund fiat repayments. In mid-2024, wallet activity surged again as roughly 100,000…

Arthur Hayes’ Maelstrom seeks $250M for private equity fund targeting small-medium crypto companies: Bloomberg

admin

Key Takeaways Arthur Hayes, BitMEX co-founder, is raising $250 million for a new private equity fund. The fund will focus on medium-sized crypto infrastructure and analytics companies, investing $40M–$75M per deal across up to six acquisitions. Share this article Arthur Hayes’s Maelstrom is seeking to raise $250 million for a debut private equity fund aimed at acquiring small- to medium-sized crypto infrastructure and service companies, according to Bloomberg. Maelstrom will take equity stakes in off-chain service providers like trading and data platforms, structuring each deal through SPVs it anchors. Co-founder…

Hacker panic-sells 9,240 Ether during market crash, incurring $4.56M loss

admin

Key Takeaways A hacker sold 9,240 Ether amidst a market crash. The move resulted in a $4.56 million loss. Share this article A hacker panic-sold 9,240 Ether during today’s market crash, resulting in a $4.56 million loss on the transaction. The perpetrator, believed to have illicitly obtained crypto assets through recent exploits, executed the large-scale sale amid broader market volatility affecting Ethereum and other digital assets. Hackers linked to major exchange thefts have demonstrated reactive trading patterns during recent market downturns, with some observed rebuying Ethereum after initial panic sales…

Japan’s Mega Banks to Jointly Issue Yen-Pegged Stablecoin

admin

Three of Japan’s largest banks are reportedly planning to jointly issue a yen-pegged stablecoin, contributing to the region’s growing adoption of crypto technology in its financial infrastructure.  Nikkei reported on Friday that Mitsubishi UFJ Financial Group (MUFG), Bank Sumitomo Mitsui Banking Corp. (SMBC) and Mizuho Bank plan to modernize corporate settlements and reduce transaction costs using a yen-based stablecoin project built on MUFG’s stablecoin issuance platform Progmat. The banks, which collectively serve more than 300,000 corporate clients, aim to standardize the token to make it interoperable for payments within and…

2 Bullish and 1 Bearish Cardano Signals as ADA’s Price Collapses

admin

A more painful decline or a resurgence: what is next for ADA? Cardano’s ADA has been on a substantial downfall lately, with its price trading far below the local tops witnessed during the summer. In the following lines, we will touch upon three important factors that may give investors a clue as to what’s coming next. The Bullish Elements As of this writing, ADA is worth around $0.62 (per CoinGecko’s data), or a 24% decline on a weekly scale. Its market capitalization has plunged to roughly $22.5 billion, meaning…

How to Detect Market Manipulation in Altcoins Before They Crash

admin

Key takeaways Unlike Bitcoin, many altcoins have low liquidity and limited oversight, making them prone to price manipulation and insider exploitation. Sudden spikes in trading volume, large whale transfers to exchanges, token unlocks or social media hype often precede sharp declines. Platforms such as Nansen, DEXTools and LunarCrush help detect abnormal wallet activity, fake liquidity and sentiment manipulation. Researching fundamentals, diversifying portfolios, setting stop-losses and avoiding hype-driven channels are key to protecting your funds. The altcoin market offers immense opportunities for those looking to invest in cryptocurrencies beyond Bitcoin (BTC).…

Japan’s megabanks to issue stablecoins for business use: Nikkei

admin

Key Takeaways Japan’s major banks (MUFG, SMBC, and Mizuho) plan to issue stablecoins for business transactions. MUFG is collaborating with Nomura, SBI, SoftBank, and Ripple Japan on digital asset and stablecoin initiatives under its Web3 strategy. Share this article Major Japanese banks are preparing to issue stablecoins designed for business transactions, according to a Nikkei report today. The initiative involves Japan’s megabanks, including MUFG, SMBC, and Mizuho, as they develop blockchain-based payment solutions for commercial use. MUFG has collaborated with Nomura, SBI, SoftBank, and Ripple Japan to advance its Web3…