Browsing: Bitcoin

Bitcoin traded near $81,400 on Oct. 16 after rebounding from a weekly low of $79,800, leaving its recovery dependent on holding the 50-day moving average and breaking a pattern of lower highs. Bitcoin hovered near its 50-day moving average at $81,279 after slipping below $80,000 this week. Trader Ardi identified $84,200 as the level needed…

German multinational Deutsche Bank is just weeks away from its crypto custody service, according to reports. 

Aave’s proposed native Bitcoin lending market would keep collateral in Bitcoin while borrowing wrapped Bitcoin (WBTC) to pay outside liquidators immediately. Suppliers financing those payouts would face any settlement shortfall without funded protection.

Crypto investor Nic Carter’s worst-case quantum scenario consists of a hostile actor recovering the keys to dormant Bitcoin, then broadcasting a wave of spends across 10 blocks.

The Polygon price prediction has gained a major payments catalyst after Open Money Stack expanded to TRON. Businesses can now accept deposits, hold funds, route stablecoins across chains and pay users through bank accounts, cards, cash or wallets. Polygon is positioning itself as infrastructure connecting digital dollars with traditional rails.

The Hedera price prediction has gained an emerging AI-commerce catalyst as HBAR trades near $0.082. Hedera Agent Accounts give autonomous software controlled spending budgets, merchant allowlists and transaction limits without exposing a user’s private keys. The concept could let AI agents pay for APIs, data, invoices and services independently.

The crypto price prediction debate has become defensive as Bitcoin trades near $81,200, Ethereum falls toward $2,367 and XRP hovers around $1.30. Each remains supported by a powerful long-term narrative, but all three need to reclaim major resistance before traders can argue that October’s retreat has ended.

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…

September producer price inflation came in at 6.3% against a 5.3% forecast, while core PPI reached 5.0% where 4.4% was expected. Both missed by a wide margin, and the headline reading now sits at its second highest level since November 2022. AI predicts Bitcoin finds support between $80,660 and $74,340 rather than below it. Why?

Bitcoin’s recovery remains uncertain as new ETF outflows add to increasing selling pressures that investors want to get back into a breakeven position. Recent buying activity for Bitcoin [BTC] is now being priced at below the cost basis of some recent buyers. According to recent Glassnode data, buyers who acquired BTC six to twelve months…