This week in crypto, Pump.fun introduced a new trading model pairing memecoins with tokenized stocks on Solana, expanding crypto's reach. Hunter Biden's LAPTOP memecoin crashed 98% shortly after launch, highlighting market volatility. The Liquid network resumed operations after a 4,000 BTC exploit, while a cybercrime gang admitted to stealing over $245 million in cryptocurrency. Additionally, Iran increasingly uses Bitcoin and USDT for trade settlements to bypass financial sanctions, showing crypto's growing role in global finance and security risks.
Bitcoin investment inflows have slowed after a surge of $11.1 billion since mid-July, as rising US Treasury yields—10-year above 5.3% and 30-year near 5.7%—reflect growing concerns about government debt. CoinShares suggests that if bond yields rise d...
Bitcoin briefly fell to around $80,900 before rebounding near $82,000, influenced by rising oil prices, high US bond yields, and geopolitical easing. Meanwhile, OpenAI reported a revised annualized revenue of about $50 billion for September, down fro...
Bitcoin has dropped 7% from recent highs, trading around $82,529 after a 3.96% weekly decline. The sell-off is linked to U.S. government Bitcoin transfers totaling 17,468 BTC since October 6, valued at about $1.44 billion, and elevated unrealized pro...
On October 9, Pyth Network (PYTH) surged 13.44%, leading gains among the top 90 cryptocurrencies despite most assets declining. PYTH rose to $0.0850 after breaking above $0.086 the previous day. Other notable gainers included Cosmos Hub (11.57%), Bit...
Bitcoin remains relatively stable at $82,555 despite a 0.5% daily and 4.0% weekly decline, while Ethereum falls sharply by 8.2% over the week to $2,502.22. This divergence highlights ongoing volatility in the crypto market, with Bitcoin maintaining d...
