Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens

Bitcoins US-session weakness is deepening as BTC prices on Coinbase trade at a $64 discount to Binance, the largest global crypto exchange  Related Asset Bitcoin #1 BTC · $82,403.61 24-hour change: down 1.10% Loading price history… 24H Down 1.10% 7D Down 1.27% 30D Up 5.20%  Bitcoin has lost a compounded 3.24% during US stock-market hours since Sept. 21, while prices outside that window advanced 6.07%, according to a CryptoSlate analysis of Binance BTC/USDT trading.  During this period, CryptoQuants Coinbase Premium Gap fell to -$64, pointing to weaker demand or heavier selling on the US-focused exchange.  Bitcoins Coinbase Premium (Source: CryptoQuant)  The pattern supports Glassnodes view that the American trading session has become a source of pressure. But the losses were heavily concentrated in two sessions, while ETF flows on those dates moved in opposite directions, complicating claims of persistent institutional selling.  Related Company Coinbase A leading digital currency company  Two sessions drove most of the decline  Across 13 Wall Street cash sessions from Sept. 21 through Oct. 7, Bitcoin fell during eight. According to CryptoSlates analysis of Binances data, the largest declines came on Sept. 30 and Oct. 2, when prices dropped 1.86% and 2.65%, respectively, during the 9:30 a.m.-to-4 p.m. New York window.  Related Company Binance Global crypto

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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

10-08انڈسٹری

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

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Wall Street's Most Bearish S&P 500 Call Hinges on One Chart Signal

Panmure Liberums head of market strategy, Joachim Klement, now expects the S&P 500 to end 2027 at 5,000 points.  He warns that unwinding the artificial intelligence (AI) trade could spark the worst crash since the global financial crisis.  Sponsored  Sponsored  Borrowing Costs Close In on the AI Build-Out  Klement‘s 5,000 target implies a roughly 36% drop from the index’s October 7 close of 7,801.77. The S&P 500 has gained 13.97% this year, but the rally has been led by AI stocks.  S&P 500 Performance in 2026. Source: Google Finance  Over the 6 months to October 6, the benchmark rose 18.3%. Goldman Sachs index excluding AI enablers gained just 6.7% in the same period.  Klements target marks a sharp shift from just weeks earlier, when he expected the index to climb to 8,300 by the end of 2027.  His reversal stems from worry that sticky inflation and higher borrowing costs could derail the AI build-out. He said that hyperscalers have largely used up their free cash flow.  Meanwhile, the cost of debt is climbing fast enough to become prohibitive for them, he added. Klement set a two-year window for the turn.  Sponsored  Sponsored  “My core conviction is that the AI bubble will either burst in 2027 or in 2028, so sometime in the next

10-08انڈسٹری

TSMC Q3 Revenue Tops Its Own Guidance and the 19-Analyst Forecast

Taiwan Semiconductor Manufacturing Co. (TSMC) said September revenue rose 54.6% from a year earlier to NT$511.86 billion ($16.03 billion). The result lifted third-quarter revenue to a record NT$1.49 trillion.  TSMCs Taiwan-listed shares closed 1.35% lower at NT$2,550 on Thursday, before the company published the figures.  Sponsored  Sponsored  How September Revenue Pushed TSMC to a Record Quarter  September revenue slipped 0.6% from August‘s NT$514.81 billion, according to TSMC’s release. However, revenue for the first nine months still climbed 41.1% to NT$3.90 trillion.  Reuters calculated third-quarter revenue at NT$1.49 trillion, a 50% rise from a year earlier. That beat the NT$1.46 trillion LSEG SmartEstimate, which draws on 19 analysts.  In July, TSMC guided $44.6 billion to $45.8 billion. At the current exchange rate, the quarter equals about $46.71 billion, above that range.  The record follows a strong second quarter, when net income jumped 77.4% to NT$706.56 billion. TSMC then raised its 2026 growth outlook to slightly above 40%.  Follow us on X to get the latest news as it happens  Sponsored  Sponsored  Why New York Gets the First Read on TSMCs Record Quarter  Thursdays decline pulled the stock back from its record close of NT$2,585. The broader TAIEX fell 1% on the same day.  Even after the dip, Taiwan-listed shares are up 60.88% this year from

10-08انڈسٹری

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

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HTX Ventures Publishes New Report on the Convergence of CeFi, DeFi, and TradFi

HTX Ventures, the global investment arm of HTX, has published a new report titled The Convergence of CeFi, DeFi, and TradFi in 2026: How Institutional-Grade Hybrid Architecture Is Taking Shape.  The report examines how CeFi, DeFi, and TradFi are converging to form a new institutional digital-asset architecture. As custody, collateral, execution, yield, and risk management are unbundled from the traditional all-in-one platform model, each layer is increasingly being occupied by specialized market leaders: TradFi provides regulated, yield-bearing assets; centralized platforms and custodians manage institutional access, compliance, and execution; while DeFi protocols and risk curators supply programmable backend infrastructure.  Sponsored  Sponsored  The report argues that this hybrid structure could offer institutions a more controlled path to adopt and test digital-asset products. It also signals a broader reallocation of revenue and market power toward the players that control asset issuance, custody, distribution, risk management, and client relationships.  The full report is available at: https://square.htx.com/the-convergence-of-cefi-defi-and-tradfi-in-2026-how-institutional-grade-hybrid-architecture-is-taking-shape  About HTX Ventures  HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem,

10-08انڈسٹری

THORChain made 63% of its record $3 million September income during the Bitget hack-linked trading surge

THORChain‘s September income surged as Bitget-linked flows drove the protocol’s busiest stretch in more than a year.  Related Asset THORChain #131 RUNE · $0.71 24-hour change: down 1.75% Loading price history… 24H Down 1.75% 7D Down 10.66% 30D Up 46.17%  The cross-chain exchange generated $3.01 million in system income last month, its highest since March 2025, while swap volume climbed to $2.40 billion, the most since June 2025.  Much of that activity was compressed into five days following the Bitget hack. About $1.37 billion, or 57% of Septembers swap volume, crossed THORChain between Sept. 25 and Sept. 29, while the network generated roughly $1.9 million of income during the same period, equivalent to about 63% of the monthly total.  THORChain said the surge coincided with funds linked to the Bitget exploit moving through the network. It explained:  Related Company Bitget Trading platform for crypto products  “Between September 25 and 29, daily volume ran between roughly $190M and $460M as funds linked to the Bitget exploit moved through the network.”  The concentration nevertheless highlights the economic consequences of a position THORChain defended as Bitget sought to limit the movement of stolen funds.  After the exchange was hacked, THORChain rejected calls for selective intervention, arguing that the protocol is decentralized

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Ethereum News: BitMine To Halt Buying at 5% ETH Supply Cap

In Ethereum news this week, BitMine Immersion Technologies reported holding 6,016,414 ETH as of October 4, about 4.9% of Ethereums supply. Chairman Tom Lee said the company will stop buying once it reaches its self-imposed 5% ceiling, and estimated that roughly 100,000 ETH remain to get there.  BitMines weekly purchasing cadence has been a defining feature of its Ethereum treasury strategy. The company says it has bought ETH every week since the strategy began on June 30, 2025; its stated stopping point makes that pattern finite, although the company has not announced a date for reaching the ceiling.  Its weekly ETH accumulation has therefore become relevant not just as a measure of treasury growth, but as a source of recurring demand.  This rounds up… to x% https://t.co/UCdtpn1qL4  — Bitmine (NYSE-BMNR) $ETH $BMNP (@BitMNR) October 5, 2026  Join Coinspeaker‘s $1,000 Prize Drop on BybitBitMine’s ETH Supply Target: Holdings and Remaining Gap  Bitmine BMNR  The October 4 holdings figure comes from BitMines company disclosure, which puts the relevant ETH supply at approximately 122.1 million. Against that denominator, its 6,016,414 ETH position represents about 4.9%, leaving the company close to its stated threshold.  Lees estimate of roughly 100,000 ETH remaining should not be read as an exact calculation. Using 5% of

10-08انڈسٹری

Morning Minute: AI Could Break Crypto Encryption Before Quantum, Says Ethereum Researcher

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show FOMO HOUR covering all of the top stories and market action.  Top News:Crypto majors fall another 2-3% along with stocks; BTC at $82.6kETH Researcher Justin Drake warns of AI hacking, calls for “Bunker Mode”BTC ETFs see biggest day of outflows since late JuneTom Lee says he‘ll stop buying ETH at 5%, which he’ll reach soonNear Intents announced Confidential Intents on DarkSwap on Solana (Dark +169%)BitcoinBTC · USD  $82,588−1.74%  24H7D1M1YYTD  Oct 1Oct 3Oct 5Oct 6Oct 8  $86.8k$85.3k$83.7k$82.2k  24h HighHigh$83,616  24h LowLow$81,792  VolVol$1.4B  Market projectionsOdds by Myriad  Today$82,000 to $84,000$82k–$84k80% chanceThis weekAbove $82,000Above $82k61% chance  →  Buy Bitcoin with USDT  Powered by Jupiter  $50$100$500  Buy  Price data by CoinGeckoCoinGeckoMore Bitcoin news and projections →  ???? Ethereum Researcher Says AI May Break Crypto Encryption Before Quantum  Justin Drake has spent years warning that quantum computers could eventually break the math protecting crypto wallets. On Wednesday, he said something more alarming: AI might get there first, and possibly within months.  Drake, a researcher at the Ethereum Foundation, called on the industry to start planning for what he called bunker mode. His advice is to move coins to fresh addresses that

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