Market news: Bitcoin reached $84181 and crypto markets climbed as Donald Trump declared a Russia-Ukraine energy ceasefire.
BTC rose 0.83% to $83809 while ETH climbed 1.35% to $2539.2. The wider crypto market gained with a median window increase of 2.51% across 50 covered coins. Outside markets including S&P 500 futures, crude oil, and gold were closed during the window.
▲ Trump claims Russia-Ukraine energy ceasefire: According to the WSJ and FT, Donald Trump declared an energy ceasefire between Russia and Ukraine. The reports note Moscow has not confirmed the truce while the US pressured Kyiv over strikes on Russian refineries.
▲ Short liquidations as Bitcoin tops $84,000: Crypto Briefing reports that Bitcoin topped $84,000, liquidating nearly $83M in short bets. BTC touched a window high of $84181 during the move.
• Middle East conflict escalates around Riyadh and Hormuz: Al Jazeera and the BBC report that Houthi attacks on Riyadh airport killed at least 12 people. In addition, CENTCOM reported that US forces disabled a vessel attempting to run a blockade.
▼ Liquid Network freezes Bitcoin redemptions: The Defiant and Crypto Briefing report that Liquid Network halted Bitcoin redemptions with reserve coverage at 85.8%. Liquid stated that redemptions require full backing and completed security reviews before restarting.
◆ Crypto ETFs record weekly outflows while XRP sees inflows: CryptoSlate reports US-listed XRP ETFs extended a 13-week inflow streak even as Bitcoin, Ethereum, and Solana funds shed $1.25B in the week ended Oct. 9. The Defiant reports US Bitcoin ETFs shed $679M in a weekly reversal.
BTC rose 0.83% to $83809 while ETH climbed 1.35% to $2539.2. The wider crypto market gained with a median window increase of 2.51% across 50 covered coins. Outside markets including S&P 500 futures, crude oil, and gold were closed during the window.
▲ Trump claims Russia-Ukraine energy ceasefire: According to the WSJ and FT, Donald Trump declared an energy ceasefire between Russia and Ukraine. The reports note Moscow has not confirmed the truce while the US pressured Kyiv over strikes on Russian refineries.
▲ Short liquidations as Bitcoin tops $84,000: Crypto Briefing reports that Bitcoin topped $84,000, liquidating nearly $83M in short bets. BTC touched a window high of $84181 during the move.
• Middle East conflict escalates around Riyadh and Hormuz: Al Jazeera and the BBC report that Houthi attacks on Riyadh airport killed at least 12 people. In addition, CENTCOM reported that US forces disabled a vessel attempting to run a blockade.
▼ Liquid Network freezes Bitcoin redemptions: The Defiant and Crypto Briefing report that Liquid Network halted Bitcoin redemptions with reserve coverage at 85.8%. Liquid stated that redemptions require full backing and completed security reviews before restarting.
◆ Crypto ETFs record weekly outflows while XRP sees inflows: CryptoSlate reports US-listed XRP ETFs extended a 13-week inflow streak even as Bitcoin, Ethereum, and Solana funds shed $1.25B in the week ended Oct. 9. The Defiant reports US Bitcoin ETFs shed $679M in a weekly reversal.
Market news: Crypto prices held steady as BTC hovered near 83714 amid Middle East tensions and talks of a Russia-Ukraine energy ceasefire.
Crypto prices remained largely flat over the window, with BTC recording a -0.09% move to 83714 and ETH moving -0.02% to 2536.9. STRK led gains with a 7.55% increase as developers weighed leaving Ethereum. Outside markets showed S&P 500 futures up 0.23% while Brent crude declined -1.02% to 103.65.
◆ Middle East tensions persist as Riyadh airport struck again: Al Jazeera and The New York Times report Riyadh airport was struck again by Houthi forces. Tehran stated that the US response to its peace terms was inadequate.
• Trump announces Russia-Ukraine energy ceasefire: CNBC reports Donald Trump declared an energy ceasefire between Russia and Ukraine. Al Jazeera reports Volodymyr Zelenskyy welcomed the announcement while awaiting further details.
▲ Starknet explores independent Layer 1 migration: CryptoSlate reports Starknet developers are considering leaving Ethereum to build an independent quantum-resistant Layer 1 blockchain. STRK recorded a 7.55% gain in the window.
▼ Singapore MAS adds Hyperliquid to investor alert list: Crypto Briefing reports Singapore's Monetary Authority of Singapore added Hyperliquid to its investor alert list.
• Equities rise as crude oil prices soften: S&P 500 futures rose 0.23% and Nasdaq 100 futures climbed 0.46%. Brent crude dropped -1.02% to 103.65 while WTI crude fell -1%.
Crypto prices remained largely flat over the window, with BTC recording a -0.09% move to 83714 and ETH moving -0.02% to 2536.9. STRK led gains with a 7.55% increase as developers weighed leaving Ethereum. Outside markets showed S&P 500 futures up 0.23% while Brent crude declined -1.02% to 103.65.
◆ Middle East tensions persist as Riyadh airport struck again: Al Jazeera and The New York Times report Riyadh airport was struck again by Houthi forces. Tehran stated that the US response to its peace terms was inadequate.
• Trump announces Russia-Ukraine energy ceasefire: CNBC reports Donald Trump declared an energy ceasefire between Russia and Ukraine. Al Jazeera reports Volodymyr Zelenskyy welcomed the announcement while awaiting further details.
▲ Starknet explores independent Layer 1 migration: CryptoSlate reports Starknet developers are considering leaving Ethereum to build an independent quantum-resistant Layer 1 blockchain. STRK recorded a 7.55% gain in the window.
▼ Singapore MAS adds Hyperliquid to investor alert list: Crypto Briefing reports Singapore's Monetary Authority of Singapore added Hyperliquid to its investor alert list.
• Equities rise as crude oil prices soften: S&P 500 futures rose 0.23% and Nasdaq 100 futures climbed 0.46%. Brent crude dropped -1.02% to 103.65 while WTI crude fell -1%.
Market news: Bitcoin traded near $83,831 and Ether gained 0.83% as markets digested an energy ceasefire deal and Middle East strikes.
BTC rose 0.12% to $83,831, while ETH gained 0.83% to $2,556.6 during the six-hour window. Across 50 tracked coins, the median window return was 0.17%, with 45 coins higher over the past day. In outside markets, Brent crude rose 0.73% to $103.92, gold fell 0.49% to $4,212.9, and the dollar index edged up 0.11% to 102.23.
▲ Oil prices drop on Russia-Ukraine energy ceasefire reports: Financial Times and CNBC report crude prices fell after Donald Trump declared an energy ceasefire between Russia and Ukraine. WSJ reports the price drop was helped by expectations that Russian diesel could ease fuel shortages, while CoinDesk noted Bitcoin held firm as oil retreated.
▼ Ledger confirms hardware wallet implant: CryptoSlate reports Ledger confirmed an unauthorized hardware implant in a customer device. Independent researchers estimate $93.2M in suspected cryptocurrency thefts linked to the issue.
◆ Houthi strikes hit Riyadh airport: Al Jazeera reports a strike on Riyadh's King Khalid International airport killed a Pakistani national and injured 11 people. Several nations, including the US and Canada, advised citizens against travel to Saudi Arabia.
▲ Solana ETF scheduled for Hong Kong debut: Crypto Briefing reports Pando Finance will debut a Solana ETF on HKEX on October 13. SOL traded at $112.33, up 0.92% in the window.
▲ DATA Network migrates to Sui with foundation backing: Cointelegraph reports DATA Network will retire its own blockchain to migrate to Sui. The transition is backed by a $30M investment from the Sui Foundation.
◆ Ethereum Foundation-linked wallets transfer ETH to Kraken: Crypto Briefing reports wallets tied to the Ethereum Foundation transferred 4,393 ETH to Kraken. investingLive reports the transfer was valued at $11M.
Coming up
→ Pando Finance is scheduled to launch its Solana ETF on the Hong Kong Stock Exchange on October 13.
BTC rose 0.12% to $83,831, while ETH gained 0.83% to $2,556.6 during the six-hour window. Across 50 tracked coins, the median window return was 0.17%, with 45 coins higher over the past day. In outside markets, Brent crude rose 0.73% to $103.92, gold fell 0.49% to $4,212.9, and the dollar index edged up 0.11% to 102.23.
▲ Oil prices drop on Russia-Ukraine energy ceasefire reports: Financial Times and CNBC report crude prices fell after Donald Trump declared an energy ceasefire between Russia and Ukraine. WSJ reports the price drop was helped by expectations that Russian diesel could ease fuel shortages, while CoinDesk noted Bitcoin held firm as oil retreated.
▼ Ledger confirms hardware wallet implant: CryptoSlate reports Ledger confirmed an unauthorized hardware implant in a customer device. Independent researchers estimate $93.2M in suspected cryptocurrency thefts linked to the issue.
◆ Houthi strikes hit Riyadh airport: Al Jazeera reports a strike on Riyadh's King Khalid International airport killed a Pakistani national and injured 11 people. Several nations, including the US and Canada, advised citizens against travel to Saudi Arabia.
▲ Solana ETF scheduled for Hong Kong debut: Crypto Briefing reports Pando Finance will debut a Solana ETF on HKEX on October 13. SOL traded at $112.33, up 0.92% in the window.
▲ DATA Network migrates to Sui with foundation backing: Cointelegraph reports DATA Network will retire its own blockchain to migrate to Sui. The transition is backed by a $30M investment from the Sui Foundation.
◆ Ethereum Foundation-linked wallets transfer ETH to Kraken: Crypto Briefing reports wallets tied to the Ethereum Foundation transferred 4,393 ETH to Kraken. investingLive reports the transfer was valued at $11M.
Coming up
→ Pando Finance is scheduled to launch its Solana ETF on the Hong Kong Stock Exchange on October 13.
Market news: Crypto prices edged lower as crude oil rose and Middle East strikes renewed geopolitical tension.
BTC slipped 0.82% to 83301 and ETH fell 0.84% to 2542.7, while the median coin in the market dropped 2.71% over the six hours. Brent crude rose 1.55% to 105.98 USD and WTI crude gained 2.11% to 93.21 USD after new attacks in Saudi Arabia. S&P 500 futures dropped 0.17% and the Dollar index advanced 0.21% to 102.4.
▼ Houthi strikes on Riyadh airport and Ukraine energy truce breaches: BBC and CNBC report Houthi strikes hit Riyadh airport, killing 13 people as Saudi officials vowed a serious response. Al Jazeera and Financial Times report Ukrainian President Zelenskyy accused Russia of violating an energy ceasefire by striking power plants.
▼ Ledger confirms hardware wallet implant: CryptoSlate reports Ledger confirmed an unauthorized hardware implant in a customer device, with independent investigators estimating $93.2M in suspected thefts. CoinDesk reports Ledger said confirmed cases involved a Southeast Asian reseller.
▼ Crude oil prices rise on Middle East attacks: Brent crude rose 1.55% to 105.98 USD and WTI crude climbed 2.11% to 93.21 USD. WSJ reports tensions intensified as Saudi Arabia faced fresh drone and missile attacks.
◆ Strategy purchases BTC alongside $1.22B weekly ETF outflows: Crypto Briefing reports Strategy purchased 250 BTC and repurchased $192M in stock. Crypto Briefing also reports spot Bitcoin and Ethereum ETFs bled $1.22B over the prior week.
BTC slipped 0.82% to 83301 and ETH fell 0.84% to 2542.7, while the median coin in the market dropped 2.71% over the six hours. Brent crude rose 1.55% to 105.98 USD and WTI crude gained 2.11% to 93.21 USD after new attacks in Saudi Arabia. S&P 500 futures dropped 0.17% and the Dollar index advanced 0.21% to 102.4.
▼ Houthi strikes on Riyadh airport and Ukraine energy truce breaches: BBC and CNBC report Houthi strikes hit Riyadh airport, killing 13 people as Saudi officials vowed a serious response. Al Jazeera and Financial Times report Ukrainian President Zelenskyy accused Russia of violating an energy ceasefire by striking power plants.
▼ Ledger confirms hardware wallet implant: CryptoSlate reports Ledger confirmed an unauthorized hardware implant in a customer device, with independent investigators estimating $93.2M in suspected thefts. CoinDesk reports Ledger said confirmed cases involved a Southeast Asian reseller.
▼ Crude oil prices rise on Middle East attacks: Brent crude rose 1.55% to 105.98 USD and WTI crude climbed 2.11% to 93.21 USD. WSJ reports tensions intensified as Saudi Arabia faced fresh drone and missile attacks.
◆ Strategy purchases BTC alongside $1.22B weekly ETF outflows: Crypto Briefing reports Strategy purchased 250 BTC and repurchased $192M in stock. Crypto Briefing also reports spot Bitcoin and Ethereum ETFs bled $1.22B over the prior week.
Market news: Crypto prices dropped as Middle East tanker strikes lifted oil prices and Fed comments raised interest rate concerns.
BTC fell 1.05% to 82487 while ETH dropped 1.29% to 2511.9 during the window. Altcoins saw widespread declines with the 50 covered coins falling by a median of 3.76%. Nasdaq 100 futures fell 0.62% while Brent crude reached 106.89 USD amid Middle East supply tensions.
▼ Drone and missile attacks strike Saudi Arabia and oil tankers near Hormuz: According to Al Jazeera and The New York Times, drone and missile attacks struck Saudi Arabia and targeted an oil tanker off Oman. Cointelegraph reports Bitcoin dropped as Ukraine and Iran strikes pushed oil higher.
▼ Cleveland Fed President warns higher rates may be required: CNBC reports Cleveland Fed President Hammack said tighter monetary policy could be needed to bring down inflation.
▼ Ledger and Bitquery investigate hardware wallet drains: The Defiant reports Bitquery noted $10M frozen in wallet drains tied to reseller CryptoBilis. Decrypt reports Ledger stated its direct systems were unaffected and confirmed cases were tied to the reseller.
▼ SkyAI sells half of its SOL treasury: The Defiant reports SkyAI sold half its SOL treasury and planned a $201M cash buyback.
▼ Crypto open interest falls across major tokens: Market open interest fell 3.3% across covered coins as BTC open interest declined 2.9% and ETH open interest dropped 2.7%.
Coming up
→ 12:30 UTC USD Core CPI m/m: Core CPI data will show monthly inflation trends that shape Federal Reserve interest rate policy.
→ 12:30 UTC USD CPI m/m: Monthly headline CPI figures will signal broader consumer price pressures.
BTC fell 1.05% to 82487 while ETH dropped 1.29% to 2511.9 during the window. Altcoins saw widespread declines with the 50 covered coins falling by a median of 3.76%. Nasdaq 100 futures fell 0.62% while Brent crude reached 106.89 USD amid Middle East supply tensions.
▼ Drone and missile attacks strike Saudi Arabia and oil tankers near Hormuz: According to Al Jazeera and The New York Times, drone and missile attacks struck Saudi Arabia and targeted an oil tanker off Oman. Cointelegraph reports Bitcoin dropped as Ukraine and Iran strikes pushed oil higher.
▼ Cleveland Fed President warns higher rates may be required: CNBC reports Cleveland Fed President Hammack said tighter monetary policy could be needed to bring down inflation.
▼ Ledger and Bitquery investigate hardware wallet drains: The Defiant reports Bitquery noted $10M frozen in wallet drains tied to reseller CryptoBilis. Decrypt reports Ledger stated its direct systems were unaffected and confirmed cases were tied to the reseller.
▼ SkyAI sells half of its SOL treasury: The Defiant reports SkyAI sold half its SOL treasury and planned a $201M cash buyback.
▼ Crypto open interest falls across major tokens: Market open interest fell 3.3% across covered coins as BTC open interest declined 2.9% and ETH open interest dropped 2.7%.
Coming up
→ 12:30 UTC USD Core CPI m/m: Core CPI data will show monthly inflation trends that shape Federal Reserve interest rate policy.
→ 12:30 UTC USD CPI m/m: Monthly headline CPI figures will signal broader consumer price pressures.
Market news: Crypto markets slide as Bitcoin drops to $81555 amid $120M in long liquidations and escalating Middle East tensions.
BTC fell 1.12% to $81555 and ETH dropped 3.15% to $2431.6 during the window. Across the wider market, 46 of 50 covered coins fell over the day, with a median decline of 4.79% in the window. In outside markets, Brent crude traded at $105.98 while Nasdaq 100 futures slipped 0.04%.
▼ Long Liquidations Shake Crypto Markets: Crypto Briefing reported that Bitcoin fell below $82,000 as $120M in crypto longs were liquidated. Crypto Briefing also noted that bearish options accounted for 53.5% of Bitcoin options volume over the week.
▼ Houthi Missile Attacks Target Riyadh: Al Jazeera reported that Saudi Arabia intercepted a ballistic missile fired toward Riyadh for a third consecutive day. The Financial Times noted that attacks targeting Riyadh airport threaten plans to develop the kingdom into a finance hub.
▲ Institutional and Bank Adoption Developments: Bitcoin Magazine reported that South Korean lender Jeonbuk Bank will offer Bitcoin-backed loans, while Moscow Exchange is testing Bitcoin trading. Decrypt reported that Standard Chartered will hold custody of Ripple stablecoin RLUSD in Dubai.
▼ Hawkish Inflation Concerns and Rate Outlook: investingLive reported that IMF head Georgieva framed AI capital spending as a source of persistent inflation pressure, reinforcing hawkish Fed commentary that rates could stay higher for longer.
Coming up
→ 12:30 UTC USD Core CPI m/m: The US Core CPI release will show updated inflation figures that shape expectations for Federal Reserve interest rate moves.
BTC fell 1.12% to $81555 and ETH dropped 3.15% to $2431.6 during the window. Across the wider market, 46 of 50 covered coins fell over the day, with a median decline of 4.79% in the window. In outside markets, Brent crude traded at $105.98 while Nasdaq 100 futures slipped 0.04%.
▼ Long Liquidations Shake Crypto Markets: Crypto Briefing reported that Bitcoin fell below $82,000 as $120M in crypto longs were liquidated. Crypto Briefing also noted that bearish options accounted for 53.5% of Bitcoin options volume over the week.
▼ Houthi Missile Attacks Target Riyadh: Al Jazeera reported that Saudi Arabia intercepted a ballistic missile fired toward Riyadh for a third consecutive day. The Financial Times noted that attacks targeting Riyadh airport threaten plans to develop the kingdom into a finance hub.
▲ Institutional and Bank Adoption Developments: Bitcoin Magazine reported that South Korean lender Jeonbuk Bank will offer Bitcoin-backed loans, while Moscow Exchange is testing Bitcoin trading. Decrypt reported that Standard Chartered will hold custody of Ripple stablecoin RLUSD in Dubai.
▼ Hawkish Inflation Concerns and Rate Outlook: investingLive reported that IMF head Georgieva framed AI capital spending as a source of persistent inflation pressure, reinforcing hawkish Fed commentary that rates could stay higher for longer.
Coming up
→ 12:30 UTC USD Core CPI m/m: The US Core CPI release will show updated inflation figures that shape expectations for Federal Reserve interest rate moves.
Market news: Crypto prices rebounded as BTC rose to $83607 and ETH gained 3.39% while crude oil prices eased.
BTC rose 2.19% to $83607 and ETH increased 3.39% to $2528.5 during the window, while the median coin gained 2.49%. Brent crude dipped 0.42% to 105.49 USD and gold climbed 0.83% to 4216.1 USD. Nasdaq 100 futures fell 0.17% while S&P 500 futures edged up 0.08%.
▲ Oil prices ease as Saudi Arabia pledges supply stability: OilPrice and CNBC report crude prices fell as Saudi Arabia pledged to keep exports flowing despite Houthi attacks. Brent crude declined 0.42% to 105.49 USD.
◆ Heavy liquidations hit crypto positions over 24 hours: Crypto Briefing reports $694M in crypto long positions were liquidated in 24 hours. CoinDesk reports about $800M in leveraged bets were wiped out across exchanges as tech and chip markets slumped.
▼ Institutional ETF outflows hit ETH and BTC: Crypto Briefing reports BlackRock ETF clients sold $75M of ETH. BlackRock's IBIT also recorded $65.4M in Bitcoin ETF outflows on October 12, according to Crypto Briefing.
▼ South Korea restricts access to unregistered foreign exchanges: Cointelegraph and Crypto Briefing report South Korean authorities moved to block 27 overseas crypto exchange websites. The measures target platforms operating without local registration.
▼ Blur announces website shutdown after trading volume slides: CoinDesk reports NFT marketplace Blur plans to close its website on Nov. 12 after monthly volume collapsed from about $1.43B to under $7M. Upbit placed BLUR under an investment warning following the development.
Coming up
→ 12:30 UTC USD CPI m/m: US monthly CPI data will provide fresh inflation readings that affect Federal Reserve interest rate policy.
→ 12:30 UTC USD Core CPI m/m: US core CPI will indicate underlying price pressures that drive market sentiment and liquidity.
BTC rose 2.19% to $83607 and ETH increased 3.39% to $2528.5 during the window, while the median coin gained 2.49%. Brent crude dipped 0.42% to 105.49 USD and gold climbed 0.83% to 4216.1 USD. Nasdaq 100 futures fell 0.17% while S&P 500 futures edged up 0.08%.
▲ Oil prices ease as Saudi Arabia pledges supply stability: OilPrice and CNBC report crude prices fell as Saudi Arabia pledged to keep exports flowing despite Houthi attacks. Brent crude declined 0.42% to 105.49 USD.
◆ Heavy liquidations hit crypto positions over 24 hours: Crypto Briefing reports $694M in crypto long positions were liquidated in 24 hours. CoinDesk reports about $800M in leveraged bets were wiped out across exchanges as tech and chip markets slumped.
▼ Institutional ETF outflows hit ETH and BTC: Crypto Briefing reports BlackRock ETF clients sold $75M of ETH. BlackRock's IBIT also recorded $65.4M in Bitcoin ETF outflows on October 12, according to Crypto Briefing.
▼ South Korea restricts access to unregistered foreign exchanges: Cointelegraph and Crypto Briefing report South Korean authorities moved to block 27 overseas crypto exchange websites. The measures target platforms operating without local registration.
▼ Blur announces website shutdown after trading volume slides: CoinDesk reports NFT marketplace Blur plans to close its website on Nov. 12 after monthly volume collapsed from about $1.43B to under $7M. Upbit placed BLUR under an investment warning following the development.
Coming up
→ 12:30 UTC USD CPI m/m: US monthly CPI data will provide fresh inflation readings that affect Federal Reserve interest rate policy.
→ 12:30 UTC USD Core CPI m/m: US core CPI will indicate underlying price pressures that drive market sentiment and liquidity.
Market news: Bitcoin hovered near $83,294 as altcoins slid across the crypto market alongside tech equity weakness and spot Solana ETF outflows.
BTC slipped 0.41% to $83,294 in the six-hour window, while ETH declined 1.26% to $2,498.90. Across the wider market, 48 of 50 tracked coins were down over the past 24 hours, with median token prices falling 2.81% in the window. Outside markets saw S&P 500 futures dip 0.04% and Brent crude edge down 0.24% to $105.
▼ Spot Solana ETFs end 14-week inflow streak: investingLive reported that Solana underperformed after US spot Solana ETFs posted net outflows, ending a 14-week inflow streak. SOL dropped 2.05% during the window to $106.19.
▼ South Korea blocks 27 offshore exchanges: CoinDesk reported that South Korean regulators blocked 27 unregistered crypto exchanges, including Bitmart and Kucoin. Regulators expanded restrictions from mobile apps to websites to prevent investor losses.
• Ledger reports spy chip implants in reseller devices: Ledger reported that rogue LTE hardware implants in devices sold by reseller CryptoBilis transmitted wallet seed phrases over mobile networks. CryptoBilis halted sales while hardware wallet makers Trezor and OneKey cut ties with the vendor.
▲ Sberbank approved to offer crypto trading in Russia: According to CoinDesk, Russia's largest bank Sberbank secured approval to launch crypto trading for clients on Dec. 1. The bank is currently testing trading in BTC, ETH and USDT within its app.
• Strategy buys 250 Bitcoin alongside share buybacks: CryptoSlate reported Strategy purchased 250 Bitcoin for $21.5M last week. The firm also spent $192.4M repurchasing its preferred shares.
Coming up
→ 12:30 UTC USD CPI m/m: The release of US headline CPI data will signal the path of inflation and influence expectations for Federal Reserve interest rate decisions.
BTC slipped 0.41% to $83,294 in the six-hour window, while ETH declined 1.26% to $2,498.90. Across the wider market, 48 of 50 tracked coins were down over the past 24 hours, with median token prices falling 2.81% in the window. Outside markets saw S&P 500 futures dip 0.04% and Brent crude edge down 0.24% to $105.
▼ Spot Solana ETFs end 14-week inflow streak: investingLive reported that Solana underperformed after US spot Solana ETFs posted net outflows, ending a 14-week inflow streak. SOL dropped 2.05% during the window to $106.19.
▼ South Korea blocks 27 offshore exchanges: CoinDesk reported that South Korean regulators blocked 27 unregistered crypto exchanges, including Bitmart and Kucoin. Regulators expanded restrictions from mobile apps to websites to prevent investor losses.
• Ledger reports spy chip implants in reseller devices: Ledger reported that rogue LTE hardware implants in devices sold by reseller CryptoBilis transmitted wallet seed phrases over mobile networks. CryptoBilis halted sales while hardware wallet makers Trezor and OneKey cut ties with the vendor.
▲ Sberbank approved to offer crypto trading in Russia: According to CoinDesk, Russia's largest bank Sberbank secured approval to launch crypto trading for clients on Dec. 1. The bank is currently testing trading in BTC, ETH and USDT within its app.
• Strategy buys 250 Bitcoin alongside share buybacks: CryptoSlate reported Strategy purchased 250 Bitcoin for $21.5M last week. The firm also spent $192.4M repurchasing its preferred shares.
Coming up
→ 12:30 UTC USD CPI m/m: The release of US headline CPI data will signal the path of inflation and influence expectations for Federal Reserve interest rate decisions.
Market news: Bitcoin holds above $83,000 after an $800M liquidation flush as Strive prepares a $500M buy.
BTC rose 0.38% to $83385 and ETH gained 0.22% to $2505.5 over the six-hour window, while the median coin tracked gained 0.7%. Outside markets were steady ahead of inflation data, with Brent crude rising 0.62% to $106.35 and S&P 500 futures dipping 0.03% to 7850.
▲ Strive targets $500M raise for Bitcoin purchases: According to CoinDesk, Strive is raising $500M to purchase additional bitcoin through a new preferred share class with a fixed 15% dividend yield.
▲ Bitcoin recovers after $800M liquidation wipeout: CryptoSlate reports Bitcoin rebounded above $83000 after slipping below $81000 during a market slide that saw cryptocurrency liquidations exceed $800M.
▼ Saudi coalition strikes Yemen fuel depot: The BBC and Financial Times report Saudi-led strikes hit a fuel depot near Sanaa, prompting Houthi threats to target Riyadh and Dammam.
▲ Mastercard issues Open USD stablecoin on Solana: Crypto Briefing reports Mastercard launched the Open USD stablecoin on Solana for cross-border payments.
Coming up
→ 12:30 UTC USD CPI m/m: The US Consumer Price Index report will reveal whether inflation is cooling or spreading, shaping Federal Reserve interest rate decisions.
BTC rose 0.38% to $83385 and ETH gained 0.22% to $2505.5 over the six-hour window, while the median coin tracked gained 0.7%. Outside markets were steady ahead of inflation data, with Brent crude rising 0.62% to $106.35 and S&P 500 futures dipping 0.03% to 7850.
▲ Strive targets $500M raise for Bitcoin purchases: According to CoinDesk, Strive is raising $500M to purchase additional bitcoin through a new preferred share class with a fixed 15% dividend yield.
▲ Bitcoin recovers after $800M liquidation wipeout: CryptoSlate reports Bitcoin rebounded above $83000 after slipping below $81000 during a market slide that saw cryptocurrency liquidations exceed $800M.
▼ Saudi coalition strikes Yemen fuel depot: The BBC and Financial Times report Saudi-led strikes hit a fuel depot near Sanaa, prompting Houthi threats to target Riyadh and Dammam.
▲ Mastercard issues Open USD stablecoin on Solana: Crypto Briefing reports Mastercard launched the Open USD stablecoin on Solana for cross-border payments.
Coming up
→ 12:30 UTC USD CPI m/m: The US Consumer Price Index report will reveal whether inflation is cooling or spreading, shaping Federal Reserve interest rate decisions.
Market news: Crypto markets steadied as BTC traded near $81,765, following hotter US inflation data and rising Federal Reserve rate hike bets.
BTC rose 0.26% to $81,765 during the window, while ETH dipped 0.23% to $2,424.7. Across the broader market, 44 of 50 tracked coins were down over the day, though the median window move gained 0.3%. In outside markets, Nasdaq 100 futures slid 0.67% and S&P 500 futures fell 0.06%, while the US 10-year yield held at 5.19%.
▼ US inflation report fuels Fed rate hike expectations: CryptoSlate reports that September US inflation reached 3.7%, lifting bond yields as bets increased on another rate hike before the October 27–28 Fed meeting. WSJ reports that the hot inflation reading reset expectations for an October increase and pressured equity markets.
▲ Russian bank Sberbank authorized for crypto exchange: Decrypt reports that Sberbank gained custody and exchange status under Russia's crypto framework. The institution plans to bring BTC, ETH, and USDT access to 110M retail clients.
▲ Solana sets date for Alpenglow upgrade: Decrypt reports that Solana scheduled its Alpenglow upgrade for October 21. The change replaces the TowerBFT voting mechanism and aims to cut transaction finality from 12.8 seconds to 150ms.
• VanEck withdraws registration for staked ETH fund: Crypto Briefing and The Defiant report that VanEck withdrew its SEC registration for a Lido Staked Ethereum ETF. The Defiant reports the planned fund was designed to hold stETH directly but never became effective.
▼ Middle East shipping attacks and Aramco strike escalate tensions: OilPrice reports that a vessel sank in the Strait of Hormuz amid escalating maritime strikes. OilPrice also reports that Houthis promised additional strikes following a missile attack on Saudi Aramco's office complex.
Coming up
→ 12:30 UTC USD Core PPI m/m: US Core PPI data will show wholesale price trends and influence interest rate forecasts across risk assets.
→ 12:30 UTC USD Retail Sales m/m: US Retail Sales figures will indicate consumer spending strength and general macroeconomic momentum.
BTC rose 0.26% to $81,765 during the window, while ETH dipped 0.23% to $2,424.7. Across the broader market, 44 of 50 tracked coins were down over the day, though the median window move gained 0.3%. In outside markets, Nasdaq 100 futures slid 0.67% and S&P 500 futures fell 0.06%, while the US 10-year yield held at 5.19%.
▼ US inflation report fuels Fed rate hike expectations: CryptoSlate reports that September US inflation reached 3.7%, lifting bond yields as bets increased on another rate hike before the October 27–28 Fed meeting. WSJ reports that the hot inflation reading reset expectations for an October increase and pressured equity markets.
▲ Russian bank Sberbank authorized for crypto exchange: Decrypt reports that Sberbank gained custody and exchange status under Russia's crypto framework. The institution plans to bring BTC, ETH, and USDT access to 110M retail clients.
▲ Solana sets date for Alpenglow upgrade: Decrypt reports that Solana scheduled its Alpenglow upgrade for October 21. The change replaces the TowerBFT voting mechanism and aims to cut transaction finality from 12.8 seconds to 150ms.
• VanEck withdraws registration for staked ETH fund: Crypto Briefing and The Defiant report that VanEck withdrew its SEC registration for a Lido Staked Ethereum ETF. The Defiant reports the planned fund was designed to hold stETH directly but never became effective.
▼ Middle East shipping attacks and Aramco strike escalate tensions: OilPrice reports that a vessel sank in the Strait of Hormuz amid escalating maritime strikes. OilPrice also reports that Houthis promised additional strikes following a missile attack on Saudi Aramco's office complex.
Coming up
→ 12:30 UTC USD Core PPI m/m: US Core PPI data will show wholesale price trends and influence interest rate forecasts across risk assets.
→ 12:30 UTC USD Retail Sales m/m: US Retail Sales figures will indicate consumer spending strength and general macroeconomic momentum.
Market news: Crypto markets slide as Bitcoin drops below $81,000 and heavy derivatives liquidations hit traders.
BTC fell -1.11% to $80747, while ETH declined -2.8% to $2352.7. Across the crypto market, 47 of 50 tracked coins dropped over the day with PUMP losing -10.39% in the window. In outside markets, Nasdaq 100 futures slipped -0.17% and Brent crude fell -0.54% to $104.47.
▼ Crypto liquidations mount: Crypto Briefing reports over $876M in long positions were liquidated from the crypto market in 24 hours. CoinDesk reports nearly $1B in crypto bets were liquidated as BTC, ETH, and XRP slid, with ETH accounting for nearly 60% of forced closures across the two largest coins.
▼ Fed rate hike uncertainty: CoinDesk reports Bitcoin fell back below $81,000 as uncertainty around Federal Reserve interest rates weighed on sentiment. Bets on an October Fed rate hike briefly spiked to nearly 50% following inflation data.
▼ Hormuz shipping tensions: CNBC reports tensions in the Strait of Hormuz escalated after a Singapore-registered ship was sunk in the waterway. Al Jazeera reports Iran vowed to fight until the US accepts its demands as ships sink in Hormuz.
▼ Ledger wallet tampering drain: Crypto Briefing and The Defiant report Ledger warned CryptoBilis buyers to stop using tampered hardware wallets after a drain of $86M to $93M.
▼ US Bitcoin ETF outflows: Crypto Briefing reports US Bitcoin ETFs shed $261M while Bitwise's BITB drew $2.2M.
Coming up
→ 12:30 UTC USD PPI m/m: US PPI data will show whether wholesale inflation pressures continue to challenge the interest rate outlook.
→ 12:30 UTC USD Retail Sales m/m: US retail sales figures will indicate consumer spending strength and influence Federal Reserve policy expectations.
→ 03:30 UTC USD Fed Chairman Warsh Speaks: Fed Chairman Warsh speaks, offering potential clues about the future path of monetary policy.
BTC fell -1.11% to $80747, while ETH declined -2.8% to $2352.7. Across the crypto market, 47 of 50 tracked coins dropped over the day with PUMP losing -10.39% in the window. In outside markets, Nasdaq 100 futures slipped -0.17% and Brent crude fell -0.54% to $104.47.
▼ Crypto liquidations mount: Crypto Briefing reports over $876M in long positions were liquidated from the crypto market in 24 hours. CoinDesk reports nearly $1B in crypto bets were liquidated as BTC, ETH, and XRP slid, with ETH accounting for nearly 60% of forced closures across the two largest coins.
▼ Fed rate hike uncertainty: CoinDesk reports Bitcoin fell back below $81,000 as uncertainty around Federal Reserve interest rates weighed on sentiment. Bets on an October Fed rate hike briefly spiked to nearly 50% following inflation data.
▼ Hormuz shipping tensions: CNBC reports tensions in the Strait of Hormuz escalated after a Singapore-registered ship was sunk in the waterway. Al Jazeera reports Iran vowed to fight until the US accepts its demands as ships sink in Hormuz.
▼ Ledger wallet tampering drain: Crypto Briefing and The Defiant report Ledger warned CryptoBilis buyers to stop using tampered hardware wallets after a drain of $86M to $93M.
▼ US Bitcoin ETF outflows: Crypto Briefing reports US Bitcoin ETFs shed $261M while Bitwise's BITB drew $2.2M.
Coming up
→ 12:30 UTC USD PPI m/m: US PPI data will show whether wholesale inflation pressures continue to challenge the interest rate outlook.
→ 12:30 UTC USD Retail Sales m/m: US retail sales figures will indicate consumer spending strength and influence Federal Reserve policy expectations.
→ 03:30 UTC USD Fed Chairman Warsh Speaks: Fed Chairman Warsh speaks, offering potential clues about the future path of monetary policy.
Market news: Crypto stabilized in the 6-hour window with BTC at $80843 as markets weighed Middle East tensions and inflation worries.
BTC rose 0.36% to $80843 and ETH gained 0.5% to $2360.1 during the window, though both remained down 3.53% and 6.21% over the past 24 hours. The broader crypto market posted a median window rise of 0.3%, with 45 of 50 covered coins down over the day. In outside markets, S&P 500 futures rose 0.14%, gold traded at $4167.2, and Brent crude stood at $104.67.
▼ Middle East and Ukraine tensions escalate: CNBC reports the U.S. military is considering strikes on Iran with one of its largest non-nuclear bombs. CNBC also reports Ukraine plans to resume strikes on Russian oil refineries.
▼ Inflation shock and rate hike fears weigh on sentiment: CoinDesk and Decrypt report that hotter-than-expected inflation pushed odds of an October Fed rate hike to 29%. This kept pressure on crypto assets, dragging BTC back toward last week's low.
▲ Starknet considers transition to standalone layer 1: Cointelegraph and Crypto Briefing report that Starknet opened a vote on whether to become a standalone layer-1 blockchain over quantum-security timelines. STRK rose 6.87% during the window.
• Hyperliquid founder seeks regulatory focus on applications: CoinDesk reports that founder Jeff Yan told Bloomberg U.S. regulatory oversight should apply to firms using the blockchain rather than the underlying network.
▼ Tech sell-off and Asian market rout pressure digital assets: CoinDesk reports South Korea's Kospi plunged 8%, dragging altcoins lower as broader concerns over technology spending persisted.
Coming up
→ 12:30 UTC USD PPI m/m: U.S. PPI data will show wholesale inflation pressures and could alter interest rate expectations.
→ 12:30 UTC USD Retail Sales m/m: U.S. Retail Sales figures will indicate consumer spending strength and general economic momentum.
→ 03:30 UTC USD Fed Chairman Warsh Speaks: Fed Chairman Warsh is scheduled to speak, offering potential signals on monetary policy direction.
BTC rose 0.36% to $80843 and ETH gained 0.5% to $2360.1 during the window, though both remained down 3.53% and 6.21% over the past 24 hours. The broader crypto market posted a median window rise of 0.3%, with 45 of 50 covered coins down over the day. In outside markets, S&P 500 futures rose 0.14%, gold traded at $4167.2, and Brent crude stood at $104.67.
▼ Middle East and Ukraine tensions escalate: CNBC reports the U.S. military is considering strikes on Iran with one of its largest non-nuclear bombs. CNBC also reports Ukraine plans to resume strikes on Russian oil refineries.
▼ Inflation shock and rate hike fears weigh on sentiment: CoinDesk and Decrypt report that hotter-than-expected inflation pushed odds of an October Fed rate hike to 29%. This kept pressure on crypto assets, dragging BTC back toward last week's low.
▲ Starknet considers transition to standalone layer 1: Cointelegraph and Crypto Briefing report that Starknet opened a vote on whether to become a standalone layer-1 blockchain over quantum-security timelines. STRK rose 6.87% during the window.
• Hyperliquid founder seeks regulatory focus on applications: CoinDesk reports that founder Jeff Yan told Bloomberg U.S. regulatory oversight should apply to firms using the blockchain rather than the underlying network.
▼ Tech sell-off and Asian market rout pressure digital assets: CoinDesk reports South Korea's Kospi plunged 8%, dragging altcoins lower as broader concerns over technology spending persisted.
Coming up
→ 12:30 UTC USD PPI m/m: U.S. PPI data will show wholesale inflation pressures and could alter interest rate expectations.
→ 12:30 UTC USD Retail Sales m/m: U.S. Retail Sales figures will indicate consumer spending strength and general economic momentum.
→ 03:30 UTC USD Fed Chairman Warsh Speaks: Fed Chairman Warsh is scheduled to speak, offering potential signals on monetary policy direction.
Market news: Crypto recovered toward $82,000 as markets absorbed hot US wholesale inflation that triggered nearly $1B in liquidations.
BTC gained 1.52% to $82,175 after falling to a low of $79,732, while ETH rose 3.2% to $2,437.8. Across the wider market, the median token gained 7.29% over the window with 40 tracked assets up on the day. In outside markets, S&P 500 futures rose 0.44% and the US 10-year yield fell 9.7 basis points to 5.093%.
◆ Hot US wholesale inflation sparks liquidations before rebound: CNBC reports US wholesale prices jumped 6.3% annually in September, outpacing the 5.5% consensus estimate. Decrypt and Cointelegraph report the data briefly pushed Bitcoin below $80,000 and contributed to nearly $1B in crypto liquidations before prices recovered.
▲ Mastercard and Visa advance stablecoin settlement integrations: Decrypt and Cointelegraph report Mastercard rolled out its Global Money Platform with BVNK after an earlier $1.8B acquisition to connect fiat and stablecoins. The Defiant reports Visa Direct launched live USDC prefunding with Inyo Global for cross-border payments.
▲ Schwab finishes retail Bitcoin and Ether rollout: The Defiant reports Charles Schwab completed its retail Bitcoin and Ether launch and started crypto transfers. Chief Executive Rick Wurster highlighted crypto trading as a driver of transaction fees, with Solana support planned by year-end.
▼ Russia bans self-custody transfers from regulated accounts: The Defiant reports Russia barred self-custody withdrawals from regulated crypto accounts. Crypto Briefing notes the Bank of Russia restricted these transfers as Sberbank received approval for crypto services, ahead of a planned July 1, 2027 peer-to-peer trading ban.
▼ Hardware wallet supply chain exploit leads to $90M theft: Crypto Briefing reports criminals stole an estimated $90M using tampered hardware devices. Bitcoin Magazine reports Ledger acknowledged an organized crime group targeted device users in a supply chain attack.
Coming up
BTC gained 1.52% to $82,175 after falling to a low of $79,732, while ETH rose 3.2% to $2,437.8. Across the wider market, the median token gained 7.29% over the window with 40 tracked assets up on the day. In outside markets, S&P 500 futures rose 0.44% and the US 10-year yield fell 9.7 basis points to 5.093%.
◆ Hot US wholesale inflation sparks liquidations before rebound: CNBC reports US wholesale prices jumped 6.3% annually in September, outpacing the 5.5% consensus estimate. Decrypt and Cointelegraph report the data briefly pushed Bitcoin below $80,000 and contributed to nearly $1B in crypto liquidations before prices recovered.
▲ Mastercard and Visa advance stablecoin settlement integrations: Decrypt and Cointelegraph report Mastercard rolled out its Global Money Platform with BVNK after an earlier $1.8B acquisition to connect fiat and stablecoins. The Defiant reports Visa Direct launched live USDC prefunding with Inyo Global for cross-border payments.
▲ Schwab finishes retail Bitcoin and Ether rollout: The Defiant reports Charles Schwab completed its retail Bitcoin and Ether launch and started crypto transfers. Chief Executive Rick Wurster highlighted crypto trading as a driver of transaction fees, with Solana support planned by year-end.
▼ Russia bans self-custody transfers from regulated accounts: The Defiant reports Russia barred self-custody withdrawals from regulated crypto accounts. Crypto Briefing notes the Bank of Russia restricted these transfers as Sberbank received approval for crypto services, ahead of a planned July 1, 2027 peer-to-peer trading ban.
▼ Hardware wallet supply chain exploit leads to $90M theft: Crypto Briefing reports criminals stole an estimated $90M using tampered hardware devices. Bitcoin Magazine reports Ledger acknowledged an organized crime group targeted device users in a supply chain attack.
Coming up
Market news: Crypto held steady as BTC hovered near $82,031 while Asian stocks rebounded and the dollar softened after remarks from Fed Chair Warsh.
Bitcoin slipped 0.22% over the window to $82,031, while ETH traded flat at $2441.7. Across the wider crypto market, 49 of 50 tracked coins gained over the last 24 hours with a median rise of 6.81%. Outside markets saw S&P 500 futures gain 0.19%, Nasdaq 100 futures advance 0.5%, and the dollar index decline to 101.92.
▲ Fed Chair Warsh declines to hint at October rate rise: According to the Financial Times, the US dollar weakened after Fed Chairman Warsh declined to hint at an October interest rate rise during IMF meetings. The New York Times reported that Warsh vowed price stability while noting that technological shocks complicate the inflation outlook.
▲ Asian stocks and Bitcoin rebound from early dips: CoinDesk reported that Bitcoin rebounded toward $82,500 after buyers snapped up a brief drop below $80,000. According to the Wall Street Journal, Asian stocks recovered ground as investor concerns over the artificial intelligence trade eased.
◆ Shipping attacks in the Strait of Hormuz reach record levels: BBC reported that UK maritime data showed 12 vessels were struck in a week as Hormuz ship attack reports reached a record high. OilPrice reported that ongoing Iranian strikes on tankers kept crude oil on course for a weekly gain.
▼ Solana Shanghai event halted by police: The Defiant reported that a Solana event in Shanghai was halted with officers present. The interruption occurred during the foundation's four-city China tour.
▼ MSCI exclusion rules threaten Strategy index membership: According to Cointelegraph and The Defiant, MSCI adopted index exclusion rules that put Strategy and Metaplanet at risk of deletion. MSCI is scheduled to announce its final list on Nov. 11.
Bitcoin slipped 0.22% over the window to $82,031, while ETH traded flat at $2441.7. Across the wider crypto market, 49 of 50 tracked coins gained over the last 24 hours with a median rise of 6.81%. Outside markets saw S&P 500 futures gain 0.19%, Nasdaq 100 futures advance 0.5%, and the dollar index decline to 101.92.
▲ Fed Chair Warsh declines to hint at October rate rise: According to the Financial Times, the US dollar weakened after Fed Chairman Warsh declined to hint at an October interest rate rise during IMF meetings. The New York Times reported that Warsh vowed price stability while noting that technological shocks complicate the inflation outlook.
▲ Asian stocks and Bitcoin rebound from early dips: CoinDesk reported that Bitcoin rebounded toward $82,500 after buyers snapped up a brief drop below $80,000. According to the Wall Street Journal, Asian stocks recovered ground as investor concerns over the artificial intelligence trade eased.
◆ Shipping attacks in the Strait of Hormuz reach record levels: BBC reported that UK maritime data showed 12 vessels were struck in a week as Hormuz ship attack reports reached a record high. OilPrice reported that ongoing Iranian strikes on tankers kept crude oil on course for a weekly gain.
▼ Solana Shanghai event halted by police: The Defiant reported that a Solana event in Shanghai was halted with officers present. The interruption occurred during the foundation's four-city China tour.
▼ MSCI exclusion rules threaten Strategy index membership: According to Cointelegraph and The Defiant, MSCI adopted index exclusion rules that put Strategy and Metaplanet at risk of deletion. MSCI is scheduled to announce its final list on Nov. 11.
Market news: Crypto prices ticked higher over six hours as BTC held near $81564 while crude oil remained elevated near $110.
BTC rose 0.48% to $81564 and ETH gained 0.41% to $2420.4 in the six-hour window, while median coin prices moved up 0.76%. Outside markets saw Brent crude trade at $109.69 after rising 4.08% over the day, while S&P 500 futures declined 1.08%. Crypto market sentiment scored 55 in Greed, retreating from 63 the prior day.
▼ Crude oil rises amid Middle East tensions: Financial Times and CNBC report Brent touched $110 as Iran escalated attacks in the Strait of Hormuz and Saudi-led forces intercepted missiles aimed at energy hubs. Brent crude traded at $109.69, up 4.08% over the day.
▲ Celestia launches Eden upgrade: Crypto Briefing reports that the launch of Eden sent TIA up about 16% in a day. TIA recorded a 24-hour gain of 16.89%.
▼ Inflation data pressures Bitcoin: According to Bitcoin Magazine, CoinShares stated that hot inflation data put Bitcoin under pressure. BTC was down 0.94% over 24 hours.
▲ Cross River Bank integrates RLUSD: CryptoSlate reports Cross River Bank linked the $2.4B RLUSD stablecoin to its core banking system. The integration allows dollar and RLUSD payments through a single API in select US states.
▼ Wall Street tech stocks slide: The Wall Street Journal reports that cracks in the AI trade pushed Wall Street to its worst week since June as credit concerns mounted for tech firms. S&P 500 futures fell 1.08% and Nasdaq 100 futures fell 2.16% over the day.
BTC rose 0.48% to $81564 and ETH gained 0.41% to $2420.4 in the six-hour window, while median coin prices moved up 0.76%. Outside markets saw Brent crude trade at $109.69 after rising 4.08% over the day, while S&P 500 futures declined 1.08%. Crypto market sentiment scored 55 in Greed, retreating from 63 the prior day.
▼ Crude oil rises amid Middle East tensions: Financial Times and CNBC report Brent touched $110 as Iran escalated attacks in the Strait of Hormuz and Saudi-led forces intercepted missiles aimed at energy hubs. Brent crude traded at $109.69, up 4.08% over the day.
▲ Celestia launches Eden upgrade: Crypto Briefing reports that the launch of Eden sent TIA up about 16% in a day. TIA recorded a 24-hour gain of 16.89%.
▼ Inflation data pressures Bitcoin: According to Bitcoin Magazine, CoinShares stated that hot inflation data put Bitcoin under pressure. BTC was down 0.94% over 24 hours.
▲ Cross River Bank integrates RLUSD: CryptoSlate reports Cross River Bank linked the $2.4B RLUSD stablecoin to its core banking system. The integration allows dollar and RLUSD payments through a single API in select US states.
▼ Wall Street tech stocks slide: The Wall Street Journal reports that cracks in the AI trade pushed Wall Street to its worst week since June as credit concerns mounted for tech firms. S&P 500 futures fell 1.08% and Nasdaq 100 futures fell 2.16% over the day.
Market news: Crypto holds steady with BTC near $81546 as markets weigh ETF outflows and geopolitical developments
Bitcoin slipped 0.05% to $81546 while ETH rose 0.26% to $2428.6 in the six-hour window. The broader crypto market posted a median window gain of 0.29%, although 40 of 50 covered coins were down over 24 hours. Outside markets stayed closed after Brent crude rose 4.33% to $109.86 and Nasdaq 100 futures fell 2.52% over the day.
▼ Crypto ETFs post net redemptions: Crypto Briefing reports Bitcoin ETFs recorded $82.39M in net outflows as BlackRock sold $71.78M in Bitcoin. The outlet adds that Ethereum funds shed $69.68M.
◆ US waives Russian sanctions to ease energy pressure: Al Jazeera and the BBC report President Donald Trump waived additional sanctions on Russia in an effort to curb energy prices.
▼ Middle East tensions persist over intelligence sharing: The Wall Street Journal reports Iran is providing intelligence and targeting assistance to Houthis for strikes on Saudi Arabia.
▲ Visa and Mastercard expand stablecoin payouts: CryptoSlate reports Visa and Mastercard have adopted USDC payouts across 200 countries through partner platforms.
▲ Celestia transaction fees rise amid TIA gains: The Defiant reports daily transaction fees on Celestia reached $158 as TIA rose 8.05% during the window.
Bitcoin slipped 0.05% to $81546 while ETH rose 0.26% to $2428.6 in the six-hour window. The broader crypto market posted a median window gain of 0.29%, although 40 of 50 covered coins were down over 24 hours. Outside markets stayed closed after Brent crude rose 4.33% to $109.86 and Nasdaq 100 futures fell 2.52% over the day.
▼ Crypto ETFs post net redemptions: Crypto Briefing reports Bitcoin ETFs recorded $82.39M in net outflows as BlackRock sold $71.78M in Bitcoin. The outlet adds that Ethereum funds shed $69.68M.
◆ US waives Russian sanctions to ease energy pressure: Al Jazeera and the BBC report President Donald Trump waived additional sanctions on Russia in an effort to curb energy prices.
▼ Middle East tensions persist over intelligence sharing: The Wall Street Journal reports Iran is providing intelligence and targeting assistance to Houthis for strikes on Saudi Arabia.
▲ Visa and Mastercard expand stablecoin payouts: CryptoSlate reports Visa and Mastercard have adopted USDC payouts across 200 countries through partner platforms.
▲ Celestia transaction fees rise amid TIA gains: The Defiant reports daily transaction fees on Celestia reached $158 as TIA rose 8.05% during the window.
Market news: Crypto markets stay subdued as BTC holds at $81,550, while the US waives Russia sanctions and weekly Ether ETF outflows reach $320M.
BTC was unchanged at $81,550 over the window, while ETH gained 0.16% to $2,431.6. The broader market softened, with the median coin declining 1.28% in the window and 46 of 50 tracked coins falling over the day. Outside markets were closed, with Brent crude at $109.86 and Nasdaq 100 futures down 2.25% over the day.
▼ Ether ETFs shed $320M over the week: Crypto Briefing and The Defiant report that Ether ETFs lost $320M in a week, outpacing Bitcoin fund withdrawals. Five crypto ETF groups tracked by Farside lost $610.7M between Oct. 12 and Oct. 16.
• US waives Russia sanctions under Graham Act: CNBC reports that Donald Trump waived broad new Russia sanctions and tariffs under the Graham Act, citing national interest. According to Al Jazeera, analysts say Russia will benefit most from the waiver.
▲ Coinbase crypto-backed loans hit $2.3B: Crypto Briefing reports that Coinbase crypto-backed loans reached $2.3B as banks develop tokenized deposits.
• ECB's Lagarde says bond selloff will slow inflation: CNBC reports that ECB President Lagarde said surging bond yields around the world will slow inflation, with France among the hardest hit.
BTC was unchanged at $81,550 over the window, while ETH gained 0.16% to $2,431.6. The broader market softened, with the median coin declining 1.28% in the window and 46 of 50 tracked coins falling over the day. Outside markets were closed, with Brent crude at $109.86 and Nasdaq 100 futures down 2.25% over the day.
▼ Ether ETFs shed $320M over the week: Crypto Briefing and The Defiant report that Ether ETFs lost $320M in a week, outpacing Bitcoin fund withdrawals. Five crypto ETF groups tracked by Farside lost $610.7M between Oct. 12 and Oct. 16.
• US waives Russia sanctions under Graham Act: CNBC reports that Donald Trump waived broad new Russia sanctions and tariffs under the Graham Act, citing national interest. According to Al Jazeera, analysts say Russia will benefit most from the waiver.
▲ Coinbase crypto-backed loans hit $2.3B: Crypto Briefing reports that Coinbase crypto-backed loans reached $2.3B as banks develop tokenized deposits.
• ECB's Lagarde says bond selloff will slow inflation: CNBC reports that ECB President Lagarde said surging bond yields around the world will slow inflation, with France among the hardest hit.
Market news: Crypto fell broadly led by altcoin drops as Middle East tensions escalated around the Strait of Hormuz.
BTC fell 0.1% to 81461 and ETH declined 0.73% to 2415.3 during the window. The wider market was predominantly down, with a median coin decline of 2.09% across 50 covered coins. Outside markets were closed, with Brent crude at 109.86 and S&P 500 futures at 7704.25.
▼ US and Iran claim control of Strait of Hormuz amid vessel strikes: Al Jazeera reports the US and Iran both claim control of the Strait of Hormuz after two vessels were struck with naval mines. New York Times reports fighting rages in Yemen as Houthi clashes pressure Taiz.
• CFTC moves forward with crypto regulation plan: Crypto Briefing reports the CFTC is advancing a crypto regulation plan following the defeat of the CLARITY Act in the Senate. The report notes ongoing legislative uncertainty could hinder comprehensive oversight.
▲ Polygon enters payments sector through Coinme acquisition: CoinDesk reports Polygon views its acquisition of Coinme as an entry into the payments sector. Chief executive Marc Boiron said the deal will help capture revenue that previously went to payment intermediaries.
▲ Wall Street banks view tokenization as growth opportunity: CoinDesk reports Goldman Sachs, Wells Fargo, and Morgan Stanley view tokenization as a growth play rather than a threat. The banks are eyeing trading opportunities and faster payments as tokenization expands.
▼ STRK open interest falls alongside price drop: STRK fell 6.21% during the window while its open interest dropped 13%.
BTC fell 0.1% to 81461 and ETH declined 0.73% to 2415.3 during the window. The wider market was predominantly down, with a median coin decline of 2.09% across 50 covered coins. Outside markets were closed, with Brent crude at 109.86 and S&P 500 futures at 7704.25.
▼ US and Iran claim control of Strait of Hormuz amid vessel strikes: Al Jazeera reports the US and Iran both claim control of the Strait of Hormuz after two vessels were struck with naval mines. New York Times reports fighting rages in Yemen as Houthi clashes pressure Taiz.
• CFTC moves forward with crypto regulation plan: Crypto Briefing reports the CFTC is advancing a crypto regulation plan following the defeat of the CLARITY Act in the Senate. The report notes ongoing legislative uncertainty could hinder comprehensive oversight.
▲ Polygon enters payments sector through Coinme acquisition: CoinDesk reports Polygon views its acquisition of Coinme as an entry into the payments sector. Chief executive Marc Boiron said the deal will help capture revenue that previously went to payment intermediaries.
▲ Wall Street banks view tokenization as growth opportunity: CoinDesk reports Goldman Sachs, Wells Fargo, and Morgan Stanley view tokenization as a growth play rather than a threat. The banks are eyeing trading opportunities and faster payments as tokenization expands.
▼ STRK open interest falls alongside price drop: STRK fell 6.21% during the window while its open interest dropped 13%.
Market news: Crypto prices stay subdued amid ongoing geopolitical tension in the Strait of Hormuz and continued outflows from US Bitcoin ETFs.
BTC edged up 0.01% to $81,365 during the window, while ETH fell 0.56% to $2,397.2. Across the wider market, 48 of 50 tracked coins were down over the day, with a median window decline of 0.48%. Outside markets were closed, with Brent crude holding at $109.86 and the US 10-year yield at 5.098%.
▼ Tanker incidents reported in the Strait of Hormuz: Al Jazeera reports fires on three tankers in the Strait of Hormuz, while Iranian state TV aired footage claiming a tanker exploded after striking a naval mine. Al Jazeera also reports masked settlers attacked European politicians in the occupied West Bank.
▼ Bitcoin ETFs log $228M in weekly outflows: Crypto Briefing reports that Bitcoin ETFs recorded $228M in weekly sales, pushing monthly outflows near $618M. The report cited institutional reallocations and market volatility.
▼ French Assembly backs tax on crypto-to-stablecoin swaps: The Defiant reports that the French Assembly backed a 2027 budget amendment by one vote to remove tax deferral on swaps into single-currency stablecoins. The measure is proposed for January 1 but is not yet law.
• US administration waives Russia sanctions: The New York Times reports the Trump administration is waiving new Russia sanctions amid concerns over high energy prices.
BTC edged up 0.01% to $81,365 during the window, while ETH fell 0.56% to $2,397.2. Across the wider market, 48 of 50 tracked coins were down over the day, with a median window decline of 0.48%. Outside markets were closed, with Brent crude holding at $109.86 and the US 10-year yield at 5.098%.
▼ Tanker incidents reported in the Strait of Hormuz: Al Jazeera reports fires on three tankers in the Strait of Hormuz, while Iranian state TV aired footage claiming a tanker exploded after striking a naval mine. Al Jazeera also reports masked settlers attacked European politicians in the occupied West Bank.
▼ Bitcoin ETFs log $228M in weekly outflows: Crypto Briefing reports that Bitcoin ETFs recorded $228M in weekly sales, pushing monthly outflows near $618M. The report cited institutional reallocations and market volatility.
▼ French Assembly backs tax on crypto-to-stablecoin swaps: The Defiant reports that the French Assembly backed a 2027 budget amendment by one vote to remove tax deferral on swaps into single-currency stablecoins. The measure is proposed for January 1 but is not yet law.
• US administration waives Russia sanctions: The New York Times reports the Trump administration is waiving new Russia sanctions amid concerns over high energy prices.
Market news: Crypto prices ticked higher in quiet trading while traditional markets stayed closed and Iran reported tanker fires in the Strait of Hormuz.
BTC rose 0.35% to 81735 and ETH gained 0.46% to 2412.8 over the window. The broader crypto market saw a median increase of 0.16%. Outside markets were closed, with Brent crude at 109.86 and gold at 4181.1.
• Tankers hit mines in Strait of Hormuz: Al Jazeera reports Iran stated tankers caught fire after hitting mines in the Strait of Hormuz. The report noted the vessels used an unauthorised route.
• Outside markets closed: Traditional markets were closed throughout the window. Brent crude stood at 109.86 and gold was at 4181.1.
Coming up
→ 12:30 UTC CAD CPI m/m: Canada releases monthly CPI data, providing an update on inflation that can shape global rate expectations and risk sentiment.
BTC rose 0.35% to 81735 and ETH gained 0.46% to 2412.8 over the window. The broader crypto market saw a median increase of 0.16%. Outside markets were closed, with Brent crude at 109.86 and gold at 4181.1.
• Tankers hit mines in Strait of Hormuz: Al Jazeera reports Iran stated tankers caught fire after hitting mines in the Strait of Hormuz. The report noted the vessels used an unauthorised route.
• Outside markets closed: Traditional markets were closed throughout the window. Brent crude stood at 109.86 and gold was at 4181.1.
Coming up
→ 12:30 UTC CAD CPI m/m: Canada releases monthly CPI data, providing an update on inflation that can shape global rate expectations and risk sentiment.