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Key takeaways:BTC price may drop to the $118,000-$120,000 range before resuming its uptrend, analysts say.Bitcoin futures open interest fell by $4.1 billion from its peak, potentially indicating a “healthy” reset. Bitcoin (BTC) was down 3.7% from its $126,000 all-time high and may revisit the $118,000 level over the next few days, but data suggested that prolonged trading below that level could be short-lived.Bitcoin could drop to $118,000 firstBitcoin price was trading at $121,300 on Friday, after posting moderate losses over the past 24 hours, data from Cointelegraph Markets Pro and TradingView showed.While the macro setup remains bullish, analysts agree that…
Decentralized exchanges (DEX) registered $1.43 trillion in spot volume during the third quarter, marking the strongest quarterly performance on record and signaling a structural shift in how crypto markets establish prices.The figure represents a 43.6% increase from the $1 trillion registered in the second quarter, and surpasses the previous record of nearly $1.2 trillion set between January and March.August and September delivered the second- and third-largest monthly volumes in history, at $510.5 billion and $499.1 billion, respectively, trailing only January 2025’s $560.3 billion.Additionally, DEXs captured 17.7% of the total crypto spot volume traded by their centralized counterparts, according to data…
Hackers attempted to infiltrate the account of Binance co-founder Changpeng “CZ” Zhao, signaling potential attacks from state-backed hacker groups, such as the North Korean Lazarus Group.“Government-backed attackers” were attempting to steal Zhao’s Google password, according to a Google warning shared by CZ, who suggested that it may be another attempt by North Korea’s Lazarus Group.“I get this warning from Google once in a while. Does anyone know what this is? North Korea Lazarus? Not that I have anything important on my account,” said Zhao in a Friday X post.The infamous North Korean Lazarus Group is the main suspect behind some…
Key takeawaysSWIFT powers most of the world’s bank transfers through its messaging network, while Ripple uses XRP to make cross-border payments faster and cheaper.Beyond payments, XRP is also used for remittances and is being explored for tokenized loyalty and DeFi applications, with institutions like SBI Holdings testing integrations.SWIFT is developing a blockchain-based ledger for real-time payments, interoperable with major networks and supporting tokenized assets.SWIFT still faces challenges like outdated systems, regulatory hurdles, institutional inertia and competition from Ripple’s expanding network.Cross-border payments move trillions of dollars each year, and two names dominate: the long-established SWIFT (Society for Worldwide Interbank Financial Telecommunication)…
HANGZHOU, China, Oct. 8, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”) today announced the implementation details of its previously disclosed US$1 billion capital plan. The Company intends to raise funds through market investors and execute the plan via an ongoing purchase program, capped at US$1 billion. Following the initial announcement, the Company further clarified that the capital structure will take a diversified form. Jiuzi has held extensive discussions with institutional investors, long-term value investors, and strategic partners, and has received positive investment intentions. The funding sources are expected to include market financing, additional commitments from existing shareholders, revenue…
Bitcoin’s latest pullback has little to do with crypto-native flows and everything to do with the dollar, according to chief crypto analyst at Real Vision Jamie Coutts. Sharing two charts on X, Coutts argued that a rebound in the US Dollar Index (DXY) is briefly tightening global liquidity and pressuring risk assets across the board. “Bitcoin’s dip isn’t mysterious — it’s macro,” he wrote. Why Is Bitcoin Down? “The dollar’s rebound is tightening global liquidity. DXY is retesting 100–101 — a key resistance and natural mean-reversion zone after one of the sharpest declines in decades in 1H25. Positioning had become…
ZEC is the top gainer in the past week, while BNB flipped XRP. It was another eventful week in the cryptocurrency markets, as two of the leaders managed to break into uncharted territory before staging a minor pullback. But first, let’s rewind the clocks to the previous week, which marked the beginning of October, often referred to as Uptober in the digital asset community. BTC had already recovered some of the mid-September losses, but only doubled down and surged to $120,000 for the first time since August. On Friday alone, it went from $120,000 to $124,000 but failed to…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.Grab a coffee because, as global markets watch the US government shutdown in disbelief, Bitcoin is doing the opposite. To longtime Bitcoin advocate Max Keiser, this moment isn’t random. It’s destiny.Sponsored Crypto News of the Day: Max Keiser Addresses the Shutdown, the Bitcoin Price Surge, and the Sound of Fiat CrumblingAs the US government remains shut down amid another budget deadlock, Bitcoin surged to a fresh all-time high, as reported in a recent US Crypto News publication. After topping out…
Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a report by the New York Times on Friday.The company will now allow users in over 140 countries to place bets, marking its first major international expansion, the article said.Kalshi projects $50 billion in annualized trading volume this year, up from $300 million last year, and now holds more than 60% of global market share, surpassing rival Polymarket.The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG, and Coinbase Ventures,…
Miami, Florida, October 8th, 2025, Chainwire FLOKI, the community-driven cryptocurrency, has partnered with Water Wells for Africa (WWFA) to fund two new clean water wells in Malawi, a landlocked country in southeastern Africa where many rural communities still lack access to safe drinking water. The initiative reflects FLOKI’s commitment to philanthropy, a core pillar of its project and demonstrates how digital assets can be used for direct, real-world impact. Notably, both wells were fully funded in FLOKI tokens, showing how crypto donations can fuel meaningful development efforts. “At its core, charity is a fundamental pillar for FLOKI,” the team said. “Everyone…