Bitcoin slips under $111,500 as $280 million in leverage long positions are liquidated, but key support levels may decide if BTC rebounds or risks a deeper breakdown.
US steps in with a lifeline as Argentina battles peso turmoil, investor flight and President Javier Milei’s waning credibility. Crypto adoption surges.
Bitcoin’s sharp fall resulted in the biggest long liquidation in a 24-hour period, and the sell-off pulled many altcoins below their immediate support levels.
CZ’s $10 billion fund, YZi Labs, is exploring external capital amid increasing investor demand and a more open regulatory stance under the Trump administration.
Sygnia CEO Magda Wierzycka says her firm calls investors if they allocate too much into their Life Bitcoin Plus ETF, which launched in June.
After its best quarter to date, CleanSpark is scaling up operations with another $100 million worth of financing from Coinbase.
Bitcoin dropped to 12-day lows on Monday despite analysts hyping “Uptober” rally potential, though not all are confident that next month will be up only.
Song accused BTC Core developers of defecting and failing to address widespread community concerns about non-monetary data on the ledger.
Bitcoin market participants saw the area at $117,200 and above as particularly important heading into the weekly close and fresh US macro data.
Liquidity is set to flow into private financial markets once the United States Treasury fills its General Account with $850 billion.