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Absa has become Africa’s first bank to offer Bitcoin custody, with BTC making up the largest share of assets held through its institutional service. Bloomberg reported on Oct. 2 that the Johannesburg-based lender is providing digital asset custody to institutional…
Markets
Bitcoin price has retreated toward $84,000 after reaching $87,220, while Bitfinex analysts have identified sustained buying above $86,500 as a condition for further gains. Bitfinex’s Analyst Team, in comments provided directly to crypto.news, said renewed U.S. spot Bitcoin ETF inflows…
News
Utexo has outlined an October launch for USDT on Bitcoin, with three planned services covering private transfers, direct BTC swaps, and Bitcoin-backed loans. Utexo has secured a commercial license to issue USDT on Bitcoin and use its trademark for distribution…
Markets
Bitcoin price has climbed roughly 3% and briefly crossed $87,000 on Oct. 2 as weak U.S. jobs data reinforced expectations for an October Federal Reserve pause while a wave of short liquidations added fuel to the move. According to CoinGecko…
News
Bitcoin could get more room to recover after U.S. nonfarm payrolls rose by just 29,000 in September, well below forecasts, adding to expectations that the Federal Reserve may hold interest rates steady at its October meeting. According to Reuters, payrolls…
Feature
Bitcoin reclaimed $85,000 on October 2 before the United States released its September employment report. The rally arrived with reports of short positions closing and a softer dollar, but a trader buying back a losing short is not the same…
News
Fideuram lost millions after a fake CEO message and AI-cloned voice triggered €95M in transfers, with funds traced into Bitcoin wallets.
News
BlockSec traced Bitget’s $387.5M theft into Bitcoin, THORChain and CoinJoin, while only about $840,000 has been publicly frozen.
News
Federal Reserve Vice Chair Philip Jefferson has signaled that policymakers may need more time before raising interest rates again, lowering expectations for an October hike as Bitcoin tries to recover while U.S. Treasury yields remain above 5%. Federal Reserve Vice…
News
Bitcoin whale stablecoin inflows to Binance climbed 40% to $30.5B over 30 days, while BTC trades near $86,000 and exchange liquidity rises.
News
Core Lightning has warned Bitcoin Lightning Network node operators to upgrade immediately after receiving reports that attackers are targeting systems still running version 26.06.7 or earlier. According to the Core Lightning team, operators using affected older releases should move to…
News
IMF approved about $138M for El Salvador after waiving a Bitcoin accumulation breach and urged the government to reduce its crypto role.
News
Bitcoin has surrendered a post-inflation rally above $85,500 to trade around $83,500, according to ViaBTC’s Jeff Ko, as analysts have identified $82,000 as the key support level entering October. Jeff Ko, chief analyst at ViaBTC, and Lacie Zhang, research lead…
News
The Netherlands has moved closer to taxing unrealized cryptocurrency gains from 2028 as part of an overhaul of its Box 3 system, although a new government proposal could eventually move crypto to taxation at the point of sale. According to…
News
Citigroup has raised its 12 month Bitcoin forecast to $113,000 and its Ether target to $3,028 as ETF inflows return and crypto markets recover from their midyear slump. According to Reuters, Citi lifted its Bitcoin estimate from $82,000 and raised…
News
The Japanese yen has fallen past 158 against the dollar after traders cut expectations for another Bank of Japan rate hike this month, keeping yen funded carry trades attractive for now while raising the risk of another abrupt reversal that…
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