Browsing: Ethereum

Bitget has announced plans to close selected cryptocurrency accounts following an October 16 update to its terms of use that lists Russia, Belarus and Kazakhstan among countries where customers cannot access its services. Bitget announced account closures for selected customers following changes to its October 16 terms of use. Russia and Belarus now appear alongside…

TradingKeyOct 17, 2026 12:35 AM View all comments(0)  • Ethereum declined due to hawkish Federal Reserve policies and higher U.S. Treasury yields. • Spot Ethereum exchange-traded funds experienced consecutive net outflows, weakening institutional demand. • Technical indicators like MACD and Williams %R currently suggest a sell condition.

Bitcoin has fallen 3.6% over the past 24 hours to around $81,500 as stronger-than-expected U.S. producer inflation has renewed concerns about another Federal Reserve interest rate increase. U.S. producer prices rose 1.3% in September, the largest monthly increase since March 2022. Annual wholesale inflation reached 6.3%, following Wednesday’s 3.7% consumer inflation reading. Bitcoin traded near…

Episode Six has launched Verified Backing for bank-issued stablecoins and tokenized deposits, adding real-time checks before tokens are created and before cash is released at redemption. Verified Backing checks recorded backing at issuance and confirms tokens remain outstanding before redemption. Episode Six says the checks run inside its Token Control Ledger on the issuing bank’s…

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…