Asia Morning Briefing: Bitcoin Holds Steady as Market Resets After Leverage Flush
Glassnode says last week’s selloff “cleared out excess without breaking structure,” while Enflux points to renewed institutional layering from Blockchain.com’s SPAC and Bitmine’s $800 million ETH buildout as signs of deeper market resilience....
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Senate Republicans Call for Own Meeting With Crypto CEOs After Democrats’ Sitdown
GOP lawmakers are scheduling a followup meeting with crypto CEOs after they meet this week with Senate Democrats on the market structure bill, sources say....
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Japan to Ease Crypto Rules, Banks Could Soon Trade or Store Bitcoin Under FSA Proposal
Japan’s Financial Services Agency (FSA) is weighing a landmark reform that would let domestic banks buy, hold, trade, and custody Bitcoin and crypto, treating them more like stocks or government bonds under a unified, prudential framework. The plan, set for discussion at an upcoming Financial Services Council meeting, would...
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BitMine’s Lee says Ether’s ‘price dislocation’ is a signal to buy
BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase....
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Amazon Outage Rocks The Internet: Can Crypto Breakthrough as Web3 Stands Strong?
A single glitch in Amazon’s cloud sent shock waves across the internet and reignited questions about whether decentralized Web3 systems could hold up better. Amazon Web Services (AWS) suffered a major outage on Monday, knocking offline a wide range of apps and websites around the world. The disruption hit...
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BERA Crypto Treasuries Are Coming: BERA Price Prediction Amid $110m Berachain TradFi Treasury Move
TradFi just put a $110M bet on Berachain putting BERA crypto squarely on institutional radar. Greenlane Holdings (Nasdaq: GNLN) has announced a $110M private placement to launch “BeraStrategy,” a new digital-asset treasury that will make BERA the native token of the Berachain network its main reserve asset. The PIPE...
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Grayscale Crowns Solana As Crypto’s New Powerhouse
Grayscale’s research team has delivered one of its most bullish assessments yet of Solana’s fundamentals, framing the network as the dominant venue for on-chain activity and a rare combination of scale, speed, and breadth. In a 17-minute read, the firm characterizes Solana as “crypto’s financial bazaar,” arguing that its...
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Analyst: Bitcoin Drop Near $101,700 Could Confirm a New Bear Market
Bitcoin (BTC) took a big bearish shift this past weekend, with its price dipping below $104,000 on Friday October 17th, after days of zigzagging between $116,000 and $108,000. This drop put the market in “extreme fear” for the first time since April, leading many observers to speculate on how...
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Bitcoin Bounces Back Over $110K After Massive ETF Outflows, Is the Next Bull Run Starting?
Bitcoin (BTC) jumped back above $110,000 on Monday, erasing part of last week’s slide even as U.S. spot bitcoin ETFs posted their second-largest weekly net outflows on record ($1.2 billion). The swift rebound, from lows near $103,700, has traders asking whether the market just completed a “controlled deleveraging” and...
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This is the Critical Level to Watch for Bitcoin’s Price This Week
Amidst recovery attempts, Bitcoin (BTC) has made a modest surge of 4% over the past 24 hours as it trades just around $111,000. Despite last week’s market volatility and the subsequent devastating losses, long-term holders are relaxed and profitable. The same cannot be said for short-term traders who are...
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