Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high

Bitcoin (BTC) gave back early-week gains into Mondays Wall Street open as doubts compounded over a Russia-Ukraine “energy ceasefire.”  Key points:Bitcoin reached $84,250 before falling 2.2% amid market nerves over oil supplies and the Russia-Ukraine “energy ceasefire.”Analysis saw too much “risk premium” priced in to oil markets in the face of improving shipping volumes.BTC options traders positioned “defensively” while keeping $90,000 and above on the table.  Bitcoin pressured as Brent crude oil rises above $107  Data from TradingView showed BTC/USD reaching $84,254 on Bitstamp, its highest level since Wednesday, before dropping up to 2.2%.  BTC/USD one-hour chart. Source: Cointelegraph/TradingView  The retreat came as Ukraine president Volodymyr Zelenskyy accused Russia of continuing to target energy infrastructure despite US president Donald Trump announcing a moratorium on such strikes. Elsewhere, Iran reported that an oil tanker had been hit and was ablaze in the Strait of Hormuz.  Oil prices reacted sharply, with WTI crude spiking past $94 per barrel and Brent crude reaching $107.25 — its highest since Sept. 16.  CFDs on Brent crude oil four-hour chart. Source: Cointelegraph/TradingView  The increases come with markets already on edge ahead of key US inflation data in the form of Consumer Price Index (CPI) and Producer Price Index (PPI), due out on Wednesday and

2 دن پہلےانڈسٹری

Bitcoin Price Falls Below $82K as $406M in Longs Get Liquidated

Bitcoin cracked below $82,000 Monday evening, setting off another painful reckoning for leveraged crypto traders. Nearly $489 million in positions vanished over 24 hours, with bullish bets accounting for more than 83% of the damage as the broader market stumbled.  Key TakeawaysBitcoin fell below $82,000 Monday as $488.61 million in crypto liquidations hit 118,142 traders.Coinglass data shows bullish positions accounted for $406.48 million, or 83.2%, of liquidations.Ethereum, solana and XRP joined bitcoin‘s decline as investors awaited Wednesday’s CPI report.  Bitcoins Slide Wipes Out 118,000 Crypto Traders  On Monday, Oct. 12, 2026, bitcoins price slipped below the $82,000 threshold, extending a decline that had dragged the cryptocurrency down from an earlier high near $84,254. By approximately 7:30 p.m. Eastern time, Coinglass liquidation figures showed $488.61 million in leveraged crypto positions had been wiped out over 24 hours.  The damage reached 118,142 traders, with long positions accounting for $406.48 million and shorts contributing $82.14 million. Put differently, more than $83 of every $100 liquidated came from traders betting on higher prices. Ethereum led individual assets with $115.19 million in liquidations, followed by bitcoin at $106.61 million.  Coinglass Liquidation Snapshot | Oct. 12, 2026Metric24-Hour TotalTotal Liquidations$488.61MLong Liquidations$406.48M (83.2%)Short Liquidations$82.14M (16.8%)Traders Liquidated118,142Bitcoin (BTC)$106.61MEthereum (ETH)$115.19MSolana (SOL)$26.97MLargest Single Liquidation$9.65M (BTC Long)  Source:

2 دن پہلےانڈسٹری

When Will Bitcoin Price Reclaim Its All-Time High? Cycle Data Gives a Date

Bitcoin price currently trades 35% below its record peak of $126,000. When will BTC again reclaim its all-time high?   Based on market cycle patterns, popular analyst Root suggests it could be by June 2027. Heres how the analyst comes up with this timeline.  Sponsored  Sponsored  Cycle History Suggests a New All-Time High For Bitcoin in 8 Months  Root, who writes the Bitcoin Strategy newsletter, compared the current recovery with three previous cycles.  Historically, Bitcoin needed around 2 years from the bottom to enter a phase of setting new highs.  However, the last cycle broke that pattern. The spot ETF approval pushed BTC to fresh highs far earlier.  “If Bitcoin follows a similar recovery trajectory as previous cycles, instead of the historical two years, we should reach new ATHs by around the one-year mark at the latest, around June 2027.”  His chart shows the 2015, 2018, and 2022 cycles all moved above the scaled ATH level by roughly day 350.  The 2018 cycle got there first, near day 150. Therefore, Root sees a possible window roughly two to six months from now.  Sponsored  Sponsored  Bitcoin ATH cycle comparison from cycle bottom, 2015 to 2026 Source: RootWhy This Cycle Needs a Smaller Rally  The current setup also asks less of the market. Bitcoin fell roughly

2 دن پہلےانڈسٹری

Top 3 Altcoins to Watch For the Second Week of October 2026

Starknet (STRK), LayerZero (ZRO), and NEAR Protocol (NEAR) are the top 3 altcoins of the week by CoinGeckos seven-day gains. However, the biggest gainer now shows the weakest chart.  STRK rose 81.7% over seven days, ZRO added 21.7%, and NEAR gained 12.3%. Bitway (BTW) ranked second but trades on thin volume, and was recently covered by BeInCryptos weekly series.  Sponsored  Sponsored  Top 6 altcoins by seven-day gains. Source: CoinGeckoSTRK Price Faces Further Decline After 80% Weekly Rally  Last week, STRK printed a weekly candle of nearly 110%. The rally stalled near $0.12.Technical Indicators:Weekly RSI dropped from an overbought 77 to 65, showing that buying momentum is weakening. An October 15 token unlock of 127 million STRK could add selling pressure.Price Projection: If STRK falls below $0.083, the next downside target is $0.06. However, a recovery above $0.12 could push the price toward $0.151 and potentially $0.181.  STRK weekly chart. Source: TradingViewZRO Price Targets $3 as Buying Momentum Grows  ZRO trades at $2.40, up 17.8% in 24 hours. It has moved above the important $2.19 resistance level, which has repeatedly blocked rallies for more than a year.  Sponsored  SponsoredTechnical Indicators: Weekly RSI has reached 72, suggesting strong buying momentum but also a risk of overheating. Trading volume is at its

2 دن پہلےانڈسٹری

Global watchdog warns the $300 billion stablecoin market could face bank runs even with full reserves

The Financial Stability Board (FSB) warned that stablecoins could face redemption crises if, during market stress, reserves become inaccessible across borders.  Related Company Circle Global crypto finance company  In an Oct. 12 report, the global financial watchdog said stablecoin issuers operating through affiliated entities in different countries could struggle to meet concentrated withdrawal demands when their reserve assets are held elsewhere.  The warning comes ahead of an Oct. 15 meeting of G20 finance ministers and central bank governors, as regulators confront growing risks from a stablecoin market valued at approximately $300 billion in mid-2026, with 99% of its value pegged to the US dollar.  FSB Chair Andrew Bailey said international regulatory coordination remains underdeveloped, leaving authorities without mature arrangements for managing cross-border stablecoin failures.  Stablecoin reserves face cross-border stress test  The FSB identified particular vulnerabilities in stablecoins issued by multiple affiliated companies that share liability for the same token while maintaining separate reserves.  Under such arrangements, holders may be able to redeem their tokens through any participating issuer, regardless of where the stablecoins were originally issued.  That flexibility can create liquidity mismatches when redemption demand concentrates in one jurisdiction while much of the collateral backing the tokens remains in another.  Moving reserves between entities could resolve the imbalance under

2 دن پہلےانڈسٹری

US Dollar Hits 18-Month High: What It Means for Bitcoin and Stocks

The US dollar is surging, and that could spell trouble for Bitcoin and Wall Street. The US Dollar Index (DXY) reached an 18-month high near 102.56 on Monday, while Bitcoin struggled around $83,000 and the Nasdaq slipped.  Behind the dollars rally is a growing expectation that the Federal Reserve will raise interest rates again this year. Higher rates make dollar-based investments more attractive, potentially pulling money away from riskier markets.  Sponsored  Sponsored  US Dollar Index weekly chart. Source: TradingViewWhy a Stronger Dollar Could Hurt Bitcoin and Stocks  Bitcoin pays no interest. When US government bonds offer yields above 5%, investors have more reason to move money into safer assets.  A stronger dollar can also reduce demand for speculative investments, particularly cryptocurrencies and high-growth technology stocks.  The pressure is already visible. Bitcoin lost nearly 3% over the past week, while Ethereum suffered larger losses. Meanwhile, the S&P 500 and Nasdaq slipped on Monday, with higher oil prices adding pressure.  The 10-year Treasury yield touched 5.35% on October 8, its highest in 24 years. Investors also moved $166 billion into money-market funds that week.  BREAKING: ???????? The US dollar index (DXY) just hit its highest level since April 2025.  A stronger dollar means traders are still not convinced that Fed is done

2 دن پہلےانڈسٹری

Broadcom CEO Uses Cryptos Favorite Criticism on AI Investors

Broadcom makes the chips behind the AI boom. On Monday, its boss told a Singapore audience that many people funding that boom “have no clue what they are investing in.”  Some, Hock Tan said, expect so much that “its almost like they are in a casino.” Crypto has heard that line before.  Sponsored  Sponsored  Crypto Was Called a Gambling Contract First  In February 2023, the late Berkshire Hathaway vice chairman Charlie Munger urged the US to ban crypto. He called it a gambling contract with a nearly 100% edge for the house.  Regulators went further. In 2023, UK lawmakers said retail crypto trading “more closely resembles gambling than it does a financial service.”  The European Central Bank‘s Fabio Panetta called coins with no asset behind them “a gamble disguised as an investment asset.” India’s central bank chief, Shaktikanta Das, likened crypto trading to gambling.  Tan aimed at the cash pouring into AI labs that still lose money building new models. OpenAI is earning about $50 billion a year at its current pace, according to Bloomberg.  Tan said that proves the business can work, not that it will profit. That same figure sparked OpenAIs revenue gap fears last week.  Sponsored  Sponsored  Then came the arcade. Tan said companies are burning money on AI

2 دن پہلےانڈسٹری

4 Big Bank Earnings to Watch This Week as Wall Street Turns Bullish

Goldman Sachs just told its clients to buy more stocks. Tomorrow morning, Goldman and three rival banks worth $1.6 trillion open their books, and that bet faces its first test.  The banks report before Tuesdays opening bell. Goldman is one of them. So the firm making the call is also one of the companies that has to back it up.  Sponsored  Sponsored  Why Is Goldman Suddenly So Confident?  Strategist Christian Mueller-Glissmanns team raised stocks to overweight, meaning own more than usual, for the next three months, Bloomberg reported. Bonds got the same upgrade over 12 months.  The logic is that stocks got cheaper as oil and bond yields climbed. Profits did not. Analysts expect S&P 500 earnings to jump 25% this quarter, per Bloomberg Intelligence, and Goldman expects companies to beat that.  What Do the Banks Have to Prove?  Citigroup and JPMorgan carry the highest expectations, with analysts forecasting profit per share to rise 19% and 17% from a year earlier.  Wells Fargo and Goldman Sachs face lower bars of 7% and 5%, according to Nasdaq consensus estimates.  Bank earnings consensus EPS for JPMorgan, Goldman Sachs, Citigroup and Wells Fargo. Source: Nasdaq  Sponsored  Sponsored  All four banks report before Tuesday‘s opening bell, so Goldman’s own results will be out the morning after it

2 دن پہلےانڈسٹری

The Largest XRP Treasury Goes Public, but Its Nasdaq Debut Ends in Red

Wall Streets newest bet on XRP got off to a shaky start on Monday. Evernorth, a Ripple-backed company holding hundreds of millions of XRP, saw its Nasdaq stock surge before investors quickly sold the rally.  Evernorth Holdings (XRPN) climbed to $19.38 before falling to $16.39. Shares eventually closed at $16.91, down 1.05%, with nearly 1.29 million shares traded.  Sponsored  Sponsored  The stock recovered slightly after the closing bell.  Evernorth Holdings (XRPN) Price Performance. Source: Nasdaq  The long-awaited listing followed a merger with Armada Acquisition Corp. II, completed on October 9. SEC filings reveal that holders of 80.3% of the SPACs redeemable shares had already chosen to cash out before the merger.  Will Evernorths Nasdaq Listing Push XRP Price Higher?  Evernorth entered Nasdaq holding approximately 473 million XRP, worth around $648 million at Mondays token price of $1.37. The company also reported roughly $300 million in gross cash proceeds before expenses.  However, the listing does not automatically create fresh buying pressure for XRP.  Sponsored  Sponsored  According to SEC filings, much of Evernorths treasury came from investors contributing existing XRP in exchange for equity. Buying XRPN shares on Nasdaq does not directly trigger purchases of the cryptocurrency.  Meanwhile, XRP itself fell 3.03% over 24 hours, showing that the Wall Street debut failed to reverse the

2 دن پہلےانڈسٹری

BitMines Tom Lee Drops a Bull Market Bombshell

BitMine increased its Ethereum treasury to 6,028,946 ETH last week, lifting its stake to roughly $15.3 billion at current prices.  Chairman Tom Lee says the firms Ethereum strategy could help drive the next crypto bull cycle.  Sponsored  Sponsored  BitMine Holds 4.9% of Ethereums Total Supply  The company now holds 6,028,946 ETH, or 4.9% of Ethereums 122.1 million token supply, according to its latest statement.  Of that total, 5,067,309 ETH, or 84% of its balance, is staked through its MAVAN platform and partners. The company projects $336 million in annualized staking revenue, based on a 2.61% seven-day yield.  That figure could reach $400 million once all holdings are staked.  ????  1/  BitMine provided its latest holdings update for October 12, 2026  $16.2 billion in total crypto + “moonshots”:  – 6,028,946 ETH at $2,544 per ETH (per @coinbase)  – 214 Bitcoin (BTC)  – $180 million stake in Beast Industries @MrBeast  – $85 million stake in Eightco Holdings…  — Bitmine (NYSE-BMNR) $ETH $BMNP (@BitMNR) October 12, 2026  Beyond Ethereum, the company reports 214 Bitcoin. It also holds a $180 million stake in Beast Industries.  Sponsored  Sponsored  The buying program has a defined endpoint. Tom Lee said on October 7 that BitMine will halt ETH purchases once it holds 5% of circulating supply.  Lee described the target as a stopping point for the program, which

2 دن پہلےانڈسٹری
1
...
1820
...
1000