Bitcoin and several major altcoins have started a strong recovery, but the relief rally is expected to face significant headwinds near major overhead resistance levels.
Ledn has facilitated $2.8 billion in cumulative crypto-backed loans as holders leverage market gains amid the bull market.
Strategy posted few BTC buys in October, with only 778 BTC purchased, down 78% from 3,526 BTC in September.
Trump-linked Bitcoin miner and treasury company American Bitcoin added 1,414 BTC to its holdings, bringing its total stash to 3,865 BTC.
A growing demand for stablecoin payments and tokenized real-world assets is creating more institutional interest in blockchain-based services, according to IBM.
As investors exit gold for digital assets, Bitcoin could be the next big winner — possibly crossing the $200,000 barrier.
Venezuela’s reliance on stablecoins could deepen if the Trump administration acts on its war threat, further destabilizing the South American nation.
US Representative Ro Khanna is looking to introduce a bill to restrict all elected officials from trading stocks and crypto, citing conflicts of interest.
Crypto treasury companies tightened their purse strings after the Oct. 10 market crash, with one exception, said Coinbase’s David Duong.
S&P Global Ratings said Strategy’s high Bitcoin concentration and low US dollar liquidity, among other factors, are weaknesses for the firm.
