Greek Soldiers Among Alleged Leaders of $8M Crypto Pyramid Scheme

In briefNine suspects, including two servicemen accused of leadership roles, were due before an investigating magistrate in northern Greece on Monday.Police put the alleged proceeds at about $8 million from around 10,000 investors.Entry started at €800, with so-called VIP investors asked for €5,000 on a promise their money would double.  Two Greek servicemen are among nine suspects accused of running a cryptocurrency pyramid scheme that took in about $8 million from roughly 10,000 investors, the Athens daily To Vima reported.  The nine were due to give statements to an investigating magistrate on Monday. Police have arrested 17 people over the alleged organization, which prosecutors say operated as a pyramid scheme and pushed investors into cryptocurrencies through a platform it controlled. None of the allegations has been tested in court, and the figures come from police sources rather than a charging document.  Myriad: How high will Bitcoin go? Click to make your prediction.  The recruiting vehicle, on the papers account, was a local civic group. A 44-year-old who led the Association of Artificial Intelligence Friends in Katerini was remanded in custody after the magistrate and prosecutor were unconvinced by his account. Six others from the first group of seven arrested were released under restrictive conditions

3 days agoIndustry

US jobs revision turns Julys 21,000 gain into a 10,000 loss

The US Bureau of Labor Statistics (BLS) revised July and August payroll gains down by 60,000 on Oct. 2, weakening the labor-based case for another Federal Reserve hike and potentially easing one policy pressure on Bitcoin.  Related Asset Bitcoin #1 BTC · $85,547.30 24-hour change: up 0.26% Loading price history… 24H Up 0.26% 7D Up 3.28% 30D Up 7.35%  The September employment report put payroll growth at 29,000. July‘s estimate flipped from 21,000 jobs added to 10,000 lost; August’s fell from 162,000 to 133,000. The 60,000 adjustment revises earlier estimates, rather than identifying new September job losses.  Average hourly earnings for all employees on private nonfarm payrolls rose 0.1% monthly and 3.0% annually, below the 0.3% and 3.1% originally reported for August.  The numbers arrive after the Fed‘s Sept. 16 quarter-point hike to a 3.75%–4% target range. Its statement said job gains had kept pace with the workforce and inflation remained elevated. Friday’s release gives policymakers a softer payroll picture than the earlier estimates suggested.  Weak hiring and slower reported wage growth provide less support for tightening policy to restrain labor demand.  Inflation still gives the Fed a reason to consider further tightening. August personal consumption expenditures (PCE) inflation, released Sept. 30, ran at 3.4% annually,

3 days agoIndustry

Starknet Crypto Hits $0.06: Can Buyers Break the May High?

Starknet crypto token trades near $0.0576, up about 8.7% over 24 hours. It briefly touched $0.0607, its highest level since May. The rally builds on a sharp breakout above $0.05 over the weekend. The next test is whether buyers can defend that level, now the key support behind the breakout.  STRK spent more than a week stuck near $0.041–$0.044 before breaking out on October 3. Since then, it has gained about 48% over seven days and nearly doubled over the past month. It remains about 62% lower than a year ago.  Market Intelligence: Crypto Analyst Predicts Best Low-Cap Crypto  Starknet Crypto: Can STRK Hold $0.05 After Its Breakout?  STRKUSDT Chart 1D TradingView  Trading activity has surged. Daily volume stands near $155 million, and STRKs market cap is about $428 million, putting it back among the top 100 tokens.  Momentum indicators back the move. On the daily chart, the MACD line sits at 0.0057, above its signal line at 0.0042, with a positive histogram. On the weekly chart, RSI has also turned higher after months of bullish divergence.  Still, price matters more than indicators. The daily chart shows two clear levels for Starknet crypto:Resistance: $0.065, the May highSupport: $0.05, then $0.041 and $0.037Bull case: STRK holds above $0.05

3 days agoIndustry

Metaplanet caps Bitcoin borrowing as BTC holdings reach 44,000

Metaplanet has revised its capital allocation policy to keep 85% to 90% of its assets in Bitcoin while setting aside up to 15% for investments that can generate recurring income.  SummaryMetaplanet plans to keep approximately 85% to 90% of its total assets in Bitcoin, while allocating the remaining 10% to 15% to acquisitions and income generating investments.Bitcoin related borrowing will generally remain below roughly 10% of BTC NAV, with permanent equity expected to fund most future Bitcoin purchases.Metaplanet held 44,000 BTC as of Sept. 30 after a third quarter sale and repurchase exercise ultimately increased its holdings by 1,000 BTC.A new Net Interest Income Strategy will use financing from preferred stock, bonds and Bitcoin backed credit facilities to invest in assets capable of generating recurring cash flow.Project Nova will build businesses around Metaplanets Bitcoin reserves through Metaplanet Securities and its proposed investment in U.S. based Super League Enterprise.  According to an Oct. 5 disclosure, the Tokyo listed company plans to fund most Bitcoin purchases with permanent equity capital, while Bitcoin related borrowing through its collateralized credit facility will generally be kept below roughly 10% of the net asset value of its BTC holdings.  Metaplanet held 44,000 BTC as of Sept. 30, compared with

3 days agoIndustry

What happened to Kelsiers $300M crypto stash?

LIBRA-linked wallets tied to Kelsier Ventures have fallen from nearly $300 million in tracked holdings in February 2025 to about $2 million, according to blockchain analytics firm Arkham.  Arkham said on Oct. 5 that it had identified more than 1,000 addresses belonging to Kelsier Ventures and Hayden Davis when it first published the wallet cluster in February 2025.  At the time, the addresses held close to $300 million, with most of the value coming from LIBRA tokens. Arkham now puts the remaining value across the tracked cluster at approximately $2 million.  ARKHAM FOUND 1,000 KELSIER VENTURES ADDRESSES  In February 2025 we identified over 1,000 addresses belonging to Kelsier Ventures (Hayden Davis). We were the first to publish the full set.  The change in wallet value does not by itself show where the difference went. Token prices, transfers between addresses, sales, liquidity movements and changes in Arkham‘s tracked holdings can all affect an entity balance. Arkham’s Oct. 5 post did not provide a transaction-by-transaction breakdown explaining the decline.  Kelsiers LIBRA wallets once held nearly $300 million  Arkham first reported the Kelsier wallet cluster on Feb. 19, 2025, five days after LIBRA launched.  Its original analysis divided the identified addresses between a LIBRA entity containing wallets tied to the token

3 days agoIndustry

OKX and NYSE Owner ICE Plan 24/7 Tokenized Stock Trading Under SEC Exemption

In briefOKXICE, the joint venture between OKX and NYSE owner Intercontinental Exchange, has filed notice to run a 24/7 tokenized stock venue under the SECs new Innovation Exemption.Its notice lists tokenized versions of more than 60 U.S.-listed stocks, each trading against USDC, USDG or Tethers USDT.Chipmaker Cerebras Systems has already lodged an objection with the venue, which does not name the firm issuing its tokens.  OKXICE, the joint venture between crypto exchange OKX and New York Stock Exchange owner Intercontinental Exchange (ICE), has notified the SEC that it plans to launch a round-the-clock trading venue for tokenized U.S. stocks, co-chair Andrew Cuomo said in a tweet Monday.  The venture published a notice dated October 4 under the SECs “Innovation Exemption,” which since September 17 has allowed qualifying venues to trade tokenized stocks without registering as exchanges. OKXICE will operate 24 hours a day, seven days a week, the notice says.  Today we are announcing a major step forward for OKXICE, the joint venture between @okx and Intercontinental Exchange, parent company of @NYSE:  OKXICE has notified the SEC that we intend to launch our Tokenized Securities Venue (TSV) under the SECs new Innovation Exemption.…  — Andrew Cuomo (@andrewcuomo) October 5, 2026  The SEC does not approve venues

3 days agoIndustry

Ten tokens held 62% of altcoin futures exposure, but shared collateral can put other positions at risk

Ten tokens accounted for 62% of outstanding altcoin futures exposure, known as open interest, in Taloss weekly market report covering September 24–30, 2026. That concentrated exposure came with different financing burdens: the report put SOL funding below zero while PUMP funding reached +21.8% annualized.  Published October 1, the market report also put altcoin open interest relative to market capitalization at 5.6%, a record in Taloss series. For investors entering the October trading week, those numbers identify a concentrated derivatives footprint, while later Binance settlements show how quickly the cost of holding a particular contract can change.  Funding pressure can change within hours  Perpetual futures use funding payments to help keep the contract price aligned with the underlying market. As Hyperliquid‘s funding mechanics explain, positive rates transfer money from long holders to short holders. Negative rates reverse that direction. A trader’s financing burden therefore depends on the contract, side and funding interval, even when two tokens both have substantial open interest.  Related Company Binance Global crypto exchange  The October 5 refresh covers two Binance contracts, rather than a matching update to Taloss altcoin aggregate. Their settled payment records, retrieved shortly after 04:20 UTC, show positive SOL funding and a PUMP rate that changed sign within four

3 days agoIndustry

Bitcoin price: Did BTCs 47% rebound confirm the bottom?

Bitcoin has rebounded nearly 47% from its July low to trade near $86,000, but Binance Research says historical data still does not confirm that the current cycle bottom is in.  Binance Research said in its Oct. 5 weekly report that Bitcoin closed at $84,880 on Oct. 1, 46.9% above the $57,800 low recorded on July 1. Its historical study found that rebounds of this size have often failed when they began before Bitcoin completed a deeper drawdown.  Current market data show BTC has since moved higher. CoinGecko showed Bitcoin near $85,988, up roughly 1.3% over 24 hours, with an intraday range between $85,098 and $86,949. The asset remains nearly 32% below CoinGeckos $126,080 all-time high.  Why a 47% Bitcoin rebound may not confirm the bottom  Binance Research tested seven historical cases between 2011 and 2023 in which Bitcoin closed at least 40% above its cycle low while still sitting at least 25% below its previous all-time high.  The researchers then separated the cases by how far Bitcoin had already fallen before the rebound began. When the preceding drawdown was deep, the rebound proved more durable. Signals triggered after shallower declines had a much weaker record.  Five of the seven signals occurred when Bitcoin was only 30%

3 days agoIndustry

XRP Price Forecast: XRP Asia Launch and Key Levels

XRP trades near $1.51 on October 5, up about 0.7% over 24 hours. Ripple and the XRP Ledger Foundation have added a new regional push to the list of catalysts, but XRP remains stuck in a tight range. For the near-term XRP price forecast, the key question is whether Asia-focused development can drive real demand, or whether price needs a technical break first.  XRP Asia launched at XRP Seoul 2026 on October 3. The Singapore-based group is led by Sabrina Tachdjian, a former Hedera Foundation executive. Its plans include developer education, regional hubs, and support to help projects secure funding and reach commercial launch.  The effort builds on existing XRP communities in Korea and Japan. Regional moves such as XRP Ledger access for Singapore users add context to the adoption story.  The market reaction has been muted. XRP is up about 2% over the past week and 7.4% over 30 days, but still roughly 50% lower than a year ago. That fits a long-term adoption story better than an immediate demand shock.  Strong accumulation of $XRP has continued for seven days.  The accumulation phase is not yet over. The next move will begin once this signal concludes.  MACD and EMA trends are building bullish momentum. pic.twitter.com/BRrhgLiLwf  —

3 days agoIndustry

Bitcoin Price Forecast: SEC Catalyst and Key BTC Levels

Bitcoin trades near $86,044 on October 5, up about 1.1% over 24 hours. BTC briefly touched $86,999 before easing back. The short-term Bitcoin price forecast now centers on one question: can buyers push through resistance and reach the liquidation cluster waiting near $90,000?  Glassnode data shows Bitcoins largest overhead liquidation cluster sits near $90,000. If the price reaches that level, leveraged short positions would be forced to close. That forced buying could speed up a rally.  The risk runs both ways. Glassnode also flags smaller clusters near $83,000 and $75,000. A drop into either zone could trigger long liquidations and accelerate a decline.  Bitcoins market cap stands near $1.72 trillion. Daily volume rose about 81% to $22.2 billion, while BTC gained roughly 2.9% over the past week.  bitcoin:natives largest overhead liquidation cluster sits near $90k.  If price touches this level, leveraged shorts will be forced to closes their positions.  Zoom into the last two months and smaller clusters can be seen around $83k and $75k.  Either side could speed up the… pic.twitter.com/v5c1PTZGHa  — glassnode (@glassnode) October 4, 2026  Market Intelligence: Crypto Analyst Reveals Upcoming Coinbase Listings  Bitcoin Price Forecast: Can Bitcoin Break $87,400 This Week?  BTCUSDT Price Chart 1D TradingView  The four-hour chart shows Bitcoin stuck in a range since its September

3 days agoIndustry
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