While Ledger has not confirmed an official loss, third-party on-chain researchers have estimated the loss at between $86 million and $93 million from more than 300 wallets across multiple blockchains, including Bitcoin, Ethereum, and Tron. The company reiterated that it there is no indicattion that its own internal security infrastructure, systems, or services were compromised. […]
Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls
The latest decline in fuel prices follows President Donald Trump’s Friday announcement that his administration reached an agreement for Russia to supply 300,000 metric tons of diesel fuel to international and domestic markets. This move marks a partial easing of U.S. sanctions on Russian oil imports. While Trump also claimed that Russia and Ukraine had […]
Bitcoin’s volatility has plunged, but extreme price swings are more frequent than in 2018
In a normal bell-shaped distribution, about 95% of moves fall within 2-sigma, and 99.7% within three. That makes a 3-sigma move rare, which is why traders use it to flag outsized swings. A high count indicates an asset remains prone to sudden jolts, even if its overall volatility is cooling. The findings suggest bitcoin has […]
New tech to power bitcoin lending is set to debut with $500 million in commitments
The primary target for this capital is a massive pool of dormant wealth. Sui estimates that roughly $1 trillion worth of Bitcoin is currently sitting idle. Until now, institutional and corporate balance-sheet holders have lacked a compliant, transparent ecosystem to safely deploy their native Bitcoin in decentralized finance (DeFi). This launch comes amid a broader […]
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Axios reported on Oct. 7 that the Pentagon had instructed U.S. Central Command to prepare for resuming major combat operations in Iran. The report lifted crude prices: futures tied to WTI crude rose from $89 to $93.20 before falling sharply after Trump’s Truth Social post. At the time of writing, crude futures traded at $90.69. […]
Bitcoin ETF investors head for the exit, and it’s the biggest rush in months
For now, bitcoin is trading around $83,000, flirting with the price floor that has held since the rally stalled on Sept. 21. Analysts have said that a sustained break lower would expose $80,000 and violate the steady bullish stair-step pattern on the daily chart. “The $80.5K–$81.5K range encompasses last month’s local highs and the 50-day […]
Bitcoin loans are paying for tuition and working capital, not just trades, lenders say
SALT, which began offering bitcoin-backed loans in 2016, initially catered to bitcoin miners—the entities that verify transactions on the blockchain in return for BTC rewards. More recently, however, the lender has seen an influx of institutional borrowers, alongside “Gen Xers and baby boomers who own bitcoin and want help understanding the loan process.” While SALT […]
Here’s what bitcoin needs to break above $87,000
“I read the current move as evidence that the ETF bid that carried September has not yet returned strongly enough to offset renewed macro pressure. ETF inflows above roughly $300 million a session for several sessions (my threshold rather than a market one) would be an important signal that institutional demand is returning,” Oliver Carding, […]
Robinhood adds $25 million of bitcoin to its balance sheet
The move puts Robinhood among a growing cohort of public companies holding BTC as a treasury asset. Nasdaq-listed Strategy MSTR$154.09 started this trend in 2020 and now its followed by more than 170 firms worldwide. Current corporate holders include names such as Tesla, Block, MARA Holdings, CleanSpark, and Riot Platforms, which together account for well […]
Down but not out. Bitcoin’s stair-step bullish trajectory is still intact
Bitcoin BTC$83,790.66 is on the back foot Wednesday. Its bigger bullish pattern is still holding. The cryptocurrency fell to $84,200 early Wednesday, down over 2% from near $86,500 on Tuesday, according to CoinDesk data. But it’s still trading inside the range it has held for the past two weeks, and that keeps a months-long bullish […]
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