Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high

US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued to decline.  Related Asset Bitcoin #1 BTC · $81,023.44 24-hour change: down 2.67% Loading price history… 24H Down 2.67% 7D Down 3.35% 30D Up 3.13%  Data from SoSoValue shows that the 12 listed US Bitcoin ETFs lost $484.9 million on Oct. 7, their largest single-day outflow since June 25. BlackRocks iShares Bitcoin Trust (IBIT) led the withdrawals with $207.7 million, followed by Fidelitys FBTC at $105.1 million and ARK 21Shares ARKB at $101.7 million.  Meanwhile, Ethereum ETFs recorded $160.9 million in withdrawals, bringing their five-session losses to $506.3 million, the largest since January.  Related Asset Ethereum ETH · $2,446.10 24-hour change: down 4.66%  BlackRocks ETHA accounted for $116.1 million of Wednesdays redemptions, while Grayscales ETHE lost $25.8 million. The funds have now experienced seven consecutive trading sessions of outflows, totaling approximately $569 million.  Together, the two ETF categories lost about $646 million on Wednesday as Bitcoin fell to its lowest daily close in the last 20 days, below $83,000, while Ethereum retreated toward $2,500 during the reporting period.  Related Company BlackRock American global investment management corporation  Notably, the price action coincided with rising US Treasury yields, a stronger dollar, and

2 دن پہلےانڈسٹری

Why Brent Oil Just Snapped Back Above $105

Brent oil jumped nearly 5% to about $105 per barrel on Thursday, its highest level in almost a month. Reports that Washington is preparing renewed strikes on Iran drove the rally.  The move reverses a slide that briefly pushed Brent below $100 earlier this week. West Texas Intermediate (WTI) also climbed above $91, according to Trading Economics.  Sponsored  Sponsored  Pentagon Strike Preparations Revive the War Premium  According to Axios, the Pentagon ordered US Central Command to finalize preparations for renewed large-scale combat operations against Iran. Possible targets include nuclear, energy, and infrastructure sites.  President Donald Trump has not made a final decision. However, US and Israeli sources suggested strikes could come before Israels Oct. 27 election and the Nov. 3 US midterms.  The report followed an article in The Atlantic saying the White House had asked the Pentagon for pre-midterm strike options. Officials reportedly warned such strikes could send oil prices sharply higher.  ???? REPORT: US & Israel Preparing for Potential Major War with Iran ????????⚔️????????  According to Axios and US officials, the Pentagon has ordered US Central Command to finalize preparations for renewed, large-scale combat operations against Iran.  Here are the key details:  • The Timeline:… pic.twitter.com/vKivlaAy49  — Commentary Donald J. Trump Truth Social Posts On X (@TrumpTruthOnX) October 8, 2026  Attacks

2 دن پہلےانڈسٹری

A $1,000 MetaMask incident could turn Ethereums staking queue into a $5 billion traffic jam

MetaMasks precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereums staking capacity. Lido expects its affected ETH to return gradually to Ethereum staking; the entry backlog was worth about $3.59 billion in the Oct. 7 snapshot.  Related Asset Ethereum #2 ETH · $2,529.47 24-hour change: down 1.23% Loading price history… 24H Down 1.23% 7D Down 5.87% 30D Up 1.77%  Lido had expected its final affected validators to exit by the end of October 7. The deadline covers exits, with full withdrawals and re-entry taking longer. The protocol estimates that the complete cycle could take up to about 45 days.  Bitquery measured 0.36 ETH in diverted block tips across 18 blocks on September 30. At the October 7 ETH price used below, that amounts to about $923.  Related Product MetaMask A crypto wallet s two Lido groups held 252,288 ETH, already included in the wider total. Lido expects that portion to return to its protocol; its statement does not establish what every other MetaMask client will do.  Related Company Lido Liquidity for staked assets  An October 5 contributor proposal would stop new deposit allocations to MetaMask operators in Lidos two curated modules. The forum describes calls intended for the next on-chain

2 دن پہلےانڈسٹری

Bitcoin ETFs Lose $487M in Heaviest Daily Outflow Since June

Bitcoin ETFs posted $487.07 million in net outflows on Wednesday, their heaviest daily loss since June 25, while ether funds shed another $160.77 million. Together, the two largest crypto ETF categories lost $647.84 million as trading activity accelerated sharply.  Key TakeawaysBitcoin and ether ETFs collectively lost $647.84M on Wednesday, as institutional selling broadened.Blackrock led major redemptions, while solana and zcash funds also saw outflows.NEAR remained the only inflow source, as wider crypto ETF demand weakens.  Bitcoin, Ether ETFs Shed $648M as Selling Widens  The most striking feature of Wednesdays ETF tape was the breadth of the selling.  Bitcoin funds swung decisively back into redemptions, with seven products recording outflows and no meaningful inflow to soften the decline. Blackrock‘s IBIT led with a $207.67 million exit, followed by Fidelity’s FBTC at $105.15 million and Ark and 21Shares ARKB at $101.71 million.  Grayscale‘s GBTC lost $39.29 million, while Bitwise’s BITB shed $27.59 million. Vaneck‘s HODL and Valkyrie’s BRRR posted smaller withdrawals of $3.54 million and $2.11 million, respectively. Trading value climbed to $2.80 billion, roughly $1 billion above the previous session, while net assets fell to $107.40 billion.  That combination matters. Higher turnover alongside broad redemptions points to more active repositioning rather than a quiet drift in sentiment.

2 دن پہلےانڈسٹری

Elon Musk Praises Jeff Bezos After $28 Billion Blue Origin Reveal

Elon Musk publicly applauded Jeff Bezos after the Amazon founder revealed a $28 billion personal bet on Blue Origin, his private rocket company. Bezos also floated a future Blue Origin IPO.  The praise stands out because the two billionaires have competed for launch contracts and satellite internet customers for years. Musks own rocket company, SpaceX, went public in June.  Sponsored  Sponsored  Why Did Bezos Finally Let Outside Investors In?  Bezos founded Blue Origin in 2000. The company builds reusable rockets and lunar landers, and it competes with SpaceX for NASA and military launch work.  Bezos shared the figures with Fox News anchor Bret Baier. The two spoke on the Blue Origin factory floor in Cape Canaveral, Florida.  He said the company recently raised $10 billion from outside backers. It marked the first external round in the companys 26-year history.  Baier added that demand for the round exceeded the shares on offer.  Moreover, Bezos explained why he waited so long to let others in.  Sponsored  Sponsored  “I didnt really want to take outside investors until I was sure that it would be a good investment for them.”  Jeff Bezos told Fox  The same interview also touched on a possible Blue Origin IPO.  A conservative account on X then shared the clip as a defense of billionaires.

2 دن پہلےانڈسٹری

Why Is Amazon Blocking AI Shopping Agents? What Paul Graham Sees in It

Amazon blocking AI agents gives startups their best opening since 1994, Paul Graham argues. Tesla CEO Elon Musk appeared to agree, quote-posting the claim with one word, “Seriously.”  Graham, who co-founded startup accelerator Y Combinator, sees the ban as a sign that shoppers want AI agents. However, Amazon says unauthorized agents put customer data and accounts at risk.  Sponsored  Sponsored  Why Amazon Blocking AI Agents Could Create a Rival  Graham argues that shoppers will increasingly let AI agents make purchases for them. In his view, they will not want Amazon picking the AI agents that do that job.  Amazon banning agents is the first opportunity Ive seen since Amazon was founded for a startup to create an Amazon competitor. People will want agents to buy stuff for them. It will be one of the main use cases. And they wont want to use some Amazon-supplied agent to do it.  — Paul Graham (@paulg) October 8, 2026  He then widened the point. Any company that bans agents proves people want them, he wrote, because otherwise a ban would serve no purpose. That demand, in his view, opens room for a rival that welcomes agents.  Your usage restrictions are my opportunity.  Graham  Graham added that agent-reliant shoppers will gradually grow to include most

2 دن پہلےانڈسٹری

EU lawmakers push crypto onto anti-corruption agenda

Lawmakers are urging the European Commission to address corruption risks linked to crypto assets, opaque ownership structures and digital tools in its upcoming anti-corruption strategy.  Members of the European Parliament (MEPs) on Thursday also called for stronger efforts to trace, freeze, confiscate and recover criminal proceeds.  Parliament adopted a nonbinding resolution Thursday outlining its priorities for the ECs anti-corruption strategy.  That strategy is intended to complement the European Unions anti-corruption directive, which entered into force in May. The directive harmonizes definitions of corruption offenses and minimum penalties across the bloc.  Beyond asset recovery, MEPs called for stricter rules on public procurement and grants, more harmonized standards for conflicts of interest, clearer lobbying rules and common rules for political financing. They also urged stronger protections for whistleblowers and investigative journalists.  The Commission plans to adopt its anti-corruption strategy by the end of 2026.

2 دن پہلےانڈسٹری

David Schwartz vs. Flare CEO: How Big Can XRP Ledger Lending Get?

A debate over XRP lending has opened between Ripple CTO Emeritus David Schwartz and Flare CEO Hugo Philion, who differ on how big the XRP Ledger opportunity could be.  The exchange stays friendly, yet it shows a race to build XRP lending before the native tools even launch.  Sponsored  Sponsored  What XRP Ledger Lending Is and Why It Matters  XRP Ledger lending is a native feature that lets users lend and borrow assets directly on the blockchain. Validators are still voting on XLS-66, the proposal for this feature. XRPL Commons said lending is about to go live. It also promoted a New York hackathon with lending and borrowing tracks.  Schwartz said that no one has built anything with the feature yet, so early developers still have plenty of room. Extending credit on the XRP Ledger has appealed to him from the start.  “I guess it depends whether you mean more innovation at the protocol level or using what‘s already in the protocol. For using what’s already in the protocol, the issued asset scheme is definitely the most interesting to me. But I think also lending, just because it‘s new and there’s just, you know, nobodys done anything with it yet,” Schwartz said.  Follow us on X to get

2 دن پہلےانڈسٹری

Bitcoin Price Holds Above $82K Despite Mounting Bearish Pressure

Bitcoin‘s price is struggling to find its footing on Oct. 8, 2026, after a sharp selloff knocked prices from the mid-$85,000s into the low $82,000s. Trading near $82,500, the cryptocurrency faces mounting pressure across its hourly and four-hour charts, although daily technical indicators remain neutral. The $82,180 level has become the market’s immediate line of defense, while a recovery above $83,500 would offer the first indication that buyers are regaining control.  Key TakeawaysBitcoin‘s price fell to $82,179.86 on Oct. 8 as sellers extended Wednesday’s decline.The daily views technicals remain neutral despite bearish short-term charts.Bitstamps BTC/USD chart puts $81,000 and $80,000 in focus if $82,180 breaks.  Bitcoin Technical Analysis: Bears Press $82,000 as Recovery Stalls  Bitcoin‘s price is having a rough go of it this Thursday, Oct. 8, 2026, with the cryptocurrency hovering near $82,500 after surrendering more than $3,000 during the previous day’s selloff.  The curious part is that despite the damage, the daily technical summary remains neutral, with nine bullish readings, seven bearish readings, and ten neutral signals, suggesting the broader trend hasnt entirely capitulated even as shorter time frames tell a considerably less encouraging story.  Hourly Chart Reveals a Fragile Recovery  The one-hour Bitstamp chart shows bitcoin struggling to recover after sliding to $82,179.86

2 دن پہلےانڈسٹری

U.S. government sends $770M BTC to Coinbase, why now?

The U.S. government has moved roughly 9,261 Bitcoin worth $770 million to Coinbase Prime over two days, including thousands of coins linked to criminal seizures and 2,456 BTC from wallets not previously identified as government holdings.  Summary9,261 Bitcoin moved to Coinbase Prime across two days, totaling roughly $770 million in transferred value.Nearly half came from Bitfinex hack recoveries, while 2,456 Bitcoin lacked prior government attribution labels.Coinbase Prime provides custody and trading, so transfers alone do not prove government selling activity.Trumps reserve order bars sales of reserve Bitcoin but legally allows court-ordered and victim-related transfers.Galaxy estimates U.S. government-linked wallets now hold roughly 319,086 Bitcoin across seizure-related addresses on chain.  Galaxy Research reported in its Oct. 8 on-chain analysis that almost half of the transferred Bitcoin came from funds recovered from the 2016 Bitfinex hack. Another portion was traced to previously known Binance-related seizures, while the source of 2,456 BTC had not appeared in the research firms earlier government-wallet labels.  The U.S. government sent ~8428 BTC to Coinbase Prime today, plus 834 BTC yesterday for a total of 9,261 BTC ($770m)  Almost half was recovered from the Bitfinex hackers, while another portion came from known seizures from Binance.  But 2,456 BTC came from previously unknown… pic.twitter.com/tEaA8XiTrf  — Galaxy

2 دن پہلےانڈسٹری
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