Bitcoin is showing the highest selling pressure on record by on-chain metrics, indicating the market is forming a solid bottom. Financial expert Richard Byers suggests the current phase is consolidation before another upward move, supported by large institutional purchases. He also highlights macroeconomic factors like U.S. debt growth and inflation as key influences, and discusses innovative Bitcoin-related financial products competing with traditional bonds. Investors are advised to consider diversified hedge-fund strategies for steady Bitcoin returns while avoiding risky call option sales.
Bitcoin seller exhaustion is at a record high, providing context for this market consolidation phase. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 17, 2026 23:41 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable movers include ZIL (Zilliqa) down 11.04% with 0% sell orders and 100% buy orders, BAT (Basic Attention Token) down 10.25% with 75% sell activity, and EOS (EOS.IO) up 8.13%.
Chery Auto will showcase its purpose-built Level 4 (L4) Robotaxi at the 2026 Chery International User Summit and sign a strategic cooperation agreement with UAE-based K2. The Robotaxi offers a fully driverless passenger experience from booking to rid...
AiMOGA Robotics, a Chery brand, unveiled Mobo, its first consumer-grade humanoid robot designed for home companionship, at the 2026 Chery International User Summit. Powered by AiMOGA's proprietary AI system MoAgent, Mobo can interpret complex command...
AiMOGA Robotics, a Chery brand, unveiled Mobo, its first consumer humanoid robot designed for home companionship, at the 2026 Chery International User Summit. Mobo uses advanced AI to understand complex commands, navigate home environments, and remem...
AiMOGA Robotics, a Chery brand, will debut Mobo, its first consumer-grade humanoid robot designed as a home companion, at the 2026 Chery International User Summit in Wuhu, China. Mobo features advanced AI for understanding complex commands, spatial a...
AiMOGA Robotics, a brand under Chery, introduced Mobo, its first consumer-grade humanoid robot designed as a family companion, at the 2026 Chery International User Summit. Mobo operates with AiMOGA's proprietary MoAgent AI, enabling it to understand ...
