Bitcoin price has recovered from a five-week low, but several major altcoins have suffered double-digit weekly losses as the cryptocurrency market struggles to regain momentum. Summary Bitcoin price recovered above $80,000 after falling to a five-week low near $79,100 on Saturday. Bitway led weekly altcoin losses with a 29.31% decline, followed by Rain and Hedera.
US spot Bitcoin ETFs finished the week ending October 23 with $301.2 million in net inflows. BlackRock IBIT inflows of $565.7 million carried the entire gain, per Farside Investors. Fidelity’s FBTC and ARK 21Shares’ ARKB posted net weekly outflows, so demand stayed in one fund. That is the stake: the complex turned positive again only
CoinDCX has confirmed losing 15.99 million USDT through compromised wallet infrastructure after initially rejecting claims that nearly $16 million had been stolen from the Indian cryptocurrency exchange. Summary CoinDCX confirmed losing 15.99 million USDT after initially dismissing reports of suspicious wallet transfers. A failed automated sweeping service allowed deposits to accumulate in wallets compromised during
What the data confirmed In last week’s Bitfinex Alpha Intelligence Update, The Floor That Broke, we highlighted the ‘air gap’ present below $72,000, a thin band of realised-price distribution that offered no historical support, and which has become the key market feature behind BTC’s current velocity. That gap has now closed in full. As BTC
XRP price has recovered to $1.30 on October 25, gaining approximately 1.56% over 24 hours, although falling whale-wallet counts and higher exchange balances have raised concerns about another sell-off. Summary XRP price recovered to $1.30 on October 25 but remained nearly 17% lower over the past month. Wallets holding 10 million to 100 million XRP
Zcash price has rebounded approximately 2.6% to $1,184 on October 25, recovering from recent losses as traders prepare for the network’s November upgrade despite continued liquidations and weak technical momentum. Summary Zcash price rose approximately 2.6% to $1,184 on October 25, despite remaining lower for the month. CoinGlass data showed $14.02 million in ZEC futures
U.S. spot Bitcoin ETFs took in $524.8 million on Wednesday, October 21, their third big day in a row, turning October’s flows positive after a rough start as buyers came back into BTC USD. ETH ETFs went the other way. They have lost about $1 billion this month. The BTC USD price hasn’t followed the
Hyperliquid’s HYPE token has struggled to recover above $75 on October 25 as declining trading activity, bearish technical indicators and heavy derivatives positioning keep investors watching for another sell-off. Summary HYPE traded near $75.47 on October 25, down nearly 19% over the past month. Futures open interest stood around $3.07 billion, while trading volume declined
For now, Dessa remains a research preview rather than a publicly available product. Shock and awe Dessa’s demo quickly drew attention on social media, with some users praising how natural the interactions sounded. X user Alexander Hoff said he had never “heard anything artificial that sounded so… human,” while user Hesamation described it as “straight
South Korea’s presidential office has backed another postponement of the country’s planned 22% cryptocurrency gains tax, with lawmakers considering moving its January 2027 start date to 2029. Summary South Korea’s presidential office has backed another delay to its planned 22% cryptocurrency gains tax. The tax remains scheduled for January 2027, but ruling-party lawmakers have proposed
