Bitcoin Could Be Entering a New Bull Market Despite Latest Sell-Off

Despite the market dip and liquidations over the past week, Bitcoin has seemingly entered a bull market, as the analysis of its 50-week moving average shows.   BloFin Research argues that Bitcoins traditional four-year boom-and-bust cycle is gradually losing strength. Future rallies could deliver smaller gains, followed by shorter and less severe downturns.  Why Bitcoins Bear Market May Already Be Over  The strongest evidence comes from Bitcoins recovery above its 50-week moving average, a technical indicator that previously signaled bull-market transitions in 2015, 2019 and 2023.  Bitcoin reclaimed this level near $78,800 in September. It subsequently traded above $86,000 in early October.  Meanwhile, Bitcoins MVRV ratio, which compares its current market value with the average price investors paid for their coins, moved above its annual average.  As of October 11, MVRV stood near 1.54, above its 365-day average of 1.44. This suggests the longer-term recovery remains intact despite recent selling.  It means Bitcoins market strength is improving, a signal that has previously appeared during the early stages of bull markets.   Bitcoin MVRV Ratio. Source: GlassnodeBitcoins Historic Crashes Are Getting Smaller  BloFins most significant finding concerns the declining severity of Bitcoins market cycles.  Bitcoin fell approximately 53% from its October 2025 peak of $124,824 to $58,525 in June 2026.  Previous bear

Yesterday 03:22Industry

XRP’s next Wall Street expansion comes with an unexpected complication from Ripple

Evernorth is preparing to begin trading on Nasdaq on Monday, bringing approximately 473 million XRP into a publicly traded treasury company.  Related Asset XRP #5 XRP · $1.41 24-hour change: up 0.26% Loading price history… 24H Up 0.26% 7D Down 6.40% 30D Up 4.11%  The company completed its merger with Armada Acquisition Corp. II on Oct. 9 and expects its shares to trade under the ticker XRPN on Oct. 12. It also reported approximately $300 million in gross cash proceeds before transaction expenses, backed by investors including Ripple, SBI Group, Pantera Capital, Kraken, and GSR.  The listing gives stock-market investors access to one of the largest corporate XRP treasuries while establishing a new source of capital for the XRP Ledgers expanding financial ecosystem.  Related Company Nasdaq An American stock exchange  Evernorth targets XRP liquidity and institutional finance  Evernorth intends to distinguish itself from traditional crypto treasury companies that primarily accumulate digital assets and rely on price appreciation to generate shareholder returns.  Related Company Ripple Financial technology and enterprise blockchain company  Instead, Chief Executive Officer Asheesh Birla said the company would actively deploy capital across the XRP ecosystem, supporting infrastructure and financial applications while pursuing strategies designed to increase XRP holdings per share.  The strategy includes institutional and decentralized finance

Yesterday 03:00Industry

Lightning apps using unpatched LDK risk Bitcoin theft from a reconnect lie

Lightning Development Kit (LDK), a library for building Bitcoin Lightning wallets and payment applications, has patched a flaw that could let a malicious channel peer steal the value of a forwarded payment by lying after reconnecting. Affected application developers need to incorporate the fix into the software they deploy.  Related Asset Bitcoin #1 BTC · $83,594.83 24-hour change: up 0.78% Loading price history… 24H Up 0.78% 7D Down 2.05% 30D Up 8.54%  The October 1-dated v0.2.7 and v0.1.13 security releases address the LDK reconnect vulnerability on the 0.2 and 0.1 branches, respectively. Bitcoin Optech described the fixes in its Oct. 9 newsletter.  How the LDK reconnect flaw could cost Bitcoin  The attack starts with a channel peer acknowledging an update, then reconnecting and pretending it never received it. Before the fix, that false claim could cause LDK to sign a conflicting commitment transaction.  A commitment transaction represents a channels agreed state and can be used to settle it on Bitcoins blockchain. In the scenario described in PR 5057, the newly signed transaction was not recorded by LDKs channel monitor, the component tracking the channels on-chain claims.  That gap could turn a forwarded payment into a loss. The malicious sender could confirm the transaction on-chain and let

Yesterday 02:00Industry

Saylor teases Strategy Bitcoin buying after ending September with STRC buybacks

Strategy chair Michael Saylor teased investors watching Sunday for a signal of the company‘s recent Bitcoin purchases with the message “There’s always room for more orange,” in a post on X.  However, any official notification via a filing with the US Securities and Exchange Commission wont likely come before Tuesday, as federal offices will be closed on Monday for the Columbus Day holiday.  Strategy ended September by spending more than six times its weekly Bitcoin (BTC) buying budget on its repurchases of one of its preferred stocks. Strategy bought 334 Bitcoin (BTC) for $28.7 million between Sept. 28 and Oct. 4, bringing its holdings to exactly 848,000 BTC, according to an Oct. 5 8-K form SEC.  Over the same period, Strategy repurchased about 1.77 million shares of its STRC preferred stock for $176.3 million.  Raise cash now, buy Bitcoin later  To be sure, Strategys recent moves could be read as an indication that management can build up cash now and spend it on BTC later.  Independent analyst Shanaka Anslem Perera on Saturday noted that Strategy raised $5.41 billion from new common shares in the third quarter and ended the period with 1,666 more BTC than it held at the end of June.  In his monthly newsletter on

Yesterday 01:38Industry

Bitcoin Price Eyes $85K, but Momentum Has Yet to Show Up

Bitcoins price is holding near $83,770 on Oct. 11, 2026, after recovering from a recent low of $80,308, but the climb toward $84,000 is proving difficult. Short-term moving averages paint a mixed picture, while longer-term indicators remain largely positive. Oscillators suggest momentum has yet to catch up with the recovery, leaving bitcoin caught between improving technical conditions and resistance that continues to frustrate bullish ambitions.  Key TakeawaysBitcoins price trades near $83,770, with resistance between $83,900 and $84,200 limiting its latest recovery.Bitcoins RSI sits at 52, while negative momentum signals suggest the rebound still lacks confirmation.Bitcoin remains above its longer-term averages, but losing $82,500 could expose the $80,308 low.  Bitcoin‘s price is knocking on the door of $84,000, but the technical picture suggests the bulls haven’t quite found the key. Trading at $83,771.70, the leading cryptocurrency has advanced 0.9% over the past 24 hours, with its $1.683 trillion market capitalization reflecting a market that has recovered some ground without establishing a convincing breakout.  The latest readings reveal an interesting contradiction, as bitcoin trades above several important short-term exponential averages while remaining beneath comparable simple averages, creating a technical tug-of-war that could determine whether the recovery gathers momentum or runs out of steam.  Bitcoins Hourly Chart

Yesterday 01:20Industry

Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds

In briefThe IMFs latest Global Financial Stability Report found that more than 50% of tokenized stock trading occurs outside regular U.S. market hours, and about 80% of trades are for less than one share.Traditional stocks absorbed 87% to 99% of overnight tokenized price moves at the open, but tokenized equities were about 1.5 times more volatile and less liquid.The IMF said systemic risks remain limited for now and urged regulators to consider circuit breakers for 24/7 trading.  Tokenized stocks may be a small market, but their traders arent keeping Wall Street hours.  More than half of tokenized equity trading happens outside regular U.S. market hours, according to the International Monetary Funds latest Global Financial Stability Report. About 80% of trades involve less than a full share, a sign of strong demand for fractional ownership among retail investors.  Myriad: How low will Bitcoin go? Click to make your prediction.  Tokenized stocks are blockchain-based tokens that track the shares of publicly traded companies. The IMF studied the five most liquid tokenized U.S. equities, including tokens tracking Tesla, Nvidia, and the S&P 500, across 11 trading venues over 365 days.  The data suggest onchain prices carry real information. When markets reopened, traditional shares absorbed 87% to 99% of

Yesterday 01:11Industry

Some Kraken futures limit orders can still fill after a successful cancel

Some Kraken futures limit orders can still execute after a successful cancellation if the cancel arrives during the Maker Protection hold window. Kraken expanded the system on Oct. 8, bringing that order-handling rule to more contracts.  Related Company Kraken San Francisco based digital asset exchange  Kraken completed Phase 2 after announcing 61 additional perpetual contracts. Maker Protection applies to selected futures markets; Krakens documentation describes an initial 20-millisecond hold.  What a Kraken futures cancellation changes  Maker Protection holds orders that can take liquidity before they reach the matching engine, giving traders with resting orders time to react. A limit order without a post-only instruction is held on a covered market even if it would otherwise have rested on the book.  A cancel inside that window changes what the order may leave behind. Kraken converts the held placement to immediate-or-cancel, meaning it can trade when released but cannot leave an unfilled remainder on the book. The original hold expiry stays the same.  For example, a trader submits a non-post-only limit order and cancels before the hold expires. The cancel request bypasses the delay and converts the held placement to immediate-or-cancel. At the original release time it can still fill; any unfilled amount is discarded.  Kraken reports those instructions

Yesterday 01:00Industry

Google Gemini AI Predicts Bitcoin Could Hit $1M in 2026

Google Gemini AI predicts that by January 1, 2027, Bitcoin could trade over $500,000, potentially reaching $1,000,000, with an extended target of $1.5M, assuming a full-blown crypto bull market returns and a landmark catalyst turbocharges it.  As of October 11, 2026, Bitcoin (BTC) is trading between $83,000 and $84,000. This forecast is intentionally extreme and goes beyond mainstream predictions. It assumes a strong bull market in late 2026 and a transformative event: a major sovereign nation, potentially the United States or another G7 economy, formally adopts Bitcoin as a strategic reserve asset on a large scale. This could mean directing a significant portion of their reserves to BTC or creating a new sovereign wealth vehicle focused on it.  (SOURCE: Google Gemini AI Predicts $1M+ Price for BTC)  Coupled with rising corporate treasury adoption and a growing “hyperbitcoinization” narrative amid ongoing fiscal challenges, this situation could trigger an unprecedented surge in demand from institutions and nation-states. In this highly speculative scenario, Bitcoin could rise from its current price of around $83,000.  This would surpass its previous all-time high of nearly $126,000 and enter a rapid price-discovery phase. This could push prices into the $500,000 to $1,000,000 range, with the most aggressive estimates reaching $1.5 million

Yesterday 00:11Industry

'Always Room for More Orange': Saylor Teases Next Bitcoin Buy at $70 Billion Milestone

Michael Saylor is back in action ahead of the new trading week in financial markets. On October 11, 2026, the head of Strategy Inc. posted a fresh treasury chart featuring 117 purchase dots and his favorite phrase: “Theres always room for more orange.”  The company officially controls 848,000 BTC worth a staggering $70.48 billion, accounting for 4.04% of all Bitcoin in existence. But the most interesting part remained behind the scenes: the post appeared just as the treasury was restructuring its financing strategy ahead of another purchase.  The reason is that during the week of October 5–9, Saylors main fundraising instrument, STRC preferred shares, fell below their $100 par value and remained stuck in the $99.43–$99.66 range.  Theres always room for more orange. https://t.co/hndZf0Acp7  — Michael Saylor (@saylor) October 11, 2026  At that point, the companys strict internal algorithm kicked in. When the security trades below par, the system automatically activates the “Buyback Zone.”  Issuing new shares to purchase cryptocurrency is prohibited. Instead, the company must spend money buying back its own discounted securities to support their price. The result for the week through this channel was exactly 0.00 BTC.  Where Saylor gets the money to buy Bitcoin  Saylor does not say there is always room for more

Yesterday 00:07Industry

Bitcoin, Ethereum and Solana ETFs All in the Red for October

In briefU.S. spot Bitcoin ETFs are down a net $386.3 million for October after Wednesdays $484.9 million exit, their worst day since June, despite a $21.1 million inflow on Friday.Ethereum ETFs extended their outflow streak to nine days, losing $635 million in October and nearly $700 million over the full streak.Solana ETFs are also negative for the month, at a loss of $24.8 million after five straight days of outflows  “Uptober” isnt living up to its name for crypto ETFs.  U.S. spot Bitcoin ETFs took in $21.1 million on Friday, according to Decrypt‘s ETF tracker. That’s a modest bounce after back-to-back outflows of $484.9 million on Wednesday and $244.1 million on Thursday. Even so, the funds are down a net $386.3 million through the first seven trading days of October.  Myriad: How low will Bitcoin go? Click to make your prediction.  Bitcoin and other crypto asset ETFs allow investors to gain exposure to digital currencies without using crypto exchanges or wallets. These funds track the price of the asset and trade like stocks on a brokerage app. Theyve been very successful since their launch, and flows in and out of the funds have become a reliable measure of current market sentiment.  The month started strong,

Yesterday 00:01Industry
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