Bitcoin surged past $79,000 after breaking a six-week range, driven by strong spot demand and $1.92 billion inflows into U.S. spot Bitcoin ETFs over five days. This rally, supported by short-term holders reclaiming cost bases near $68,500 and a $3 billion short squeeze, suggests growing institutional confidence. While analysts see signs the bear market may be ending, key resistance levels around $80,000 to $83,000 must hold for a confirmed trend reversal. Continued ETF and spot demand will be crucial to sustain the rally.
Nidec Corporation held a press conference to discuss its ongoing corporate reforms following a report by the Executive Responsibility Investigation Committee. Key executives, including the CEO and CFO, presented updates on internal management systems...
On November 1, Binance's Bitcoin spot order book displayed $10.17 million in buy orders versus $6.89 million in sell orders, showing a net buy order surplus of about $3.28 million. This buy order depth on Binance was greater than Coinbase's, which al...
Troves, a decentralized finance platform on Starknet, suffered a loss of about 8.6 Bitcoin due to an exploit in its xWBTC/WBTC vault on October 31. The breach was linked to an outdated rebalancing contract that still had access after being replaced. ...
XRP traded 1.4% below its 200-day simple moving average on Oct. 30, shortly after Binance announced a $6.3 billion hot wallet hack on Oct. 29. At 8:57 p.m. ET on Oct. 30, XRP was priced at 1.260 USDT compared to its 200-day average of 1.278 USDT. Whi...
Ethereum's planned Glamsterdam upgrade, scheduled for October 26 on the Hoodi testnet, was halted due to concerns over how a key change proposal (EIP-8037) interacts with existing smart contracts. Developers have not set a new date for the testnet or...
