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October got off to a hot start, but the historically strong month for Bitcoin and crypto prices—called “Uptober” by many investors—hit a roadblock Friday thanks to President Trump’s trade war. And now prices are falling fast as liquidations pile up.More than $1 billion worth of crypto positions have been liquidated over the last 24 hours, per data from CoinGlass, as crypto prices plunge alongside stocks following Trump’s Friday morning declaration that “massive” tariffs against China are in the works.Bitcoin plunged from a price above $122,000 Friday morning to about $116,200 recently, down 4% on the day, while Ethereum has fallen…

Key takeaways:Derivatives data show limited confidence among Bitcoin traders despite strong ETF inflows, keeping downside risks on the table.Gold’s surge and falling Treasury yields highlight growing investor fear as fiscal stress and trade disputes weigh on traders’ sentiment.Bitcoin (BTC) has struggled to regain bullish momentum since reaching its $126,219 all-time high on Monday. Strong spot Bitcoin exchange-traded fund (ETF) inflows point to solid institutional demand, but weakness in BTC derivatives metrics suggests traders remain uncertain about whether the $117,000 level will hold.Bitcoin 60-day futures annualized premium. Source: laevitas.chMonthly Bitcoin futures are trading at a 7% premium compared to spot markets,…

Bitcoin trades near $121.6K, testing major resistance at $126K. Analysts watch for a breakout or correction as futures open interest stays high. Bitcoin is trading near $121,600 after reaching a new all-time high above $126,000 earlier this week. The asset has slowed and is now moving sideways just below a major diagonal resistance that has capped the price for several months. Analysts are watching to see whether Bitcoin can break through or if it will be rejected once again. Meanwhile, the market is holding near a key level while open interest remains high in the futures market. Bitcoin Struggles…

In brief BlackRock’s Bitcoin ETF (IBIT) has become the asset manager’s most profitable fund by annualized fee revenue, with $97 billion in assets after just 21 months. S&P Global launched its first hybrid “Digital Markets 50” index combining 35 blockchain-related stocks with 15 major cryptocurrencies. Coinbase secured approval to offer staking services in New York for Ethereum, Solana, and Cosmos, becoming the first major exchange to do so. Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week BlackRock mints a new most-profitable ETF, S&P Global gets in the mix, and Coinbase…

China stepped up rare earth export controls on Thursday in a rare move that could have widespread implications for global supply chains and both traditional and crypto market sentiment.China’s Ministry of Commerce announced sweeping new export restrictions on rare earth materials, processing technologies and derivative products used in semiconductors, AI systems and defence.The new rules, set to take effect on Dec. 1, will require foreign companies exporting products containing Chinese-origin rare earth elements or related technologies – including those outside China – to obtain a dual-use license from the Ministry of Commerce (MOFCOM).This is a major escalation as China dominates…

Bitcoin (BTC) dropped 7% amid a broader market rout after President Donald Trump announced that the US is considering escalating tariffs against China in response to newly imposed rare-earth export controls.Total liquidations reached $9 billion over the past 24 hours, as BTC fell to as low as $105k in the drop.On a lengthy statement on Oct. 10 via Truth Social, Trump accused China of attempting to monopolize rare-earth elements and announced plans for “a massive increase of tariffs on Chinese products coming into the United States of America.”Bitcoin traded as low as  as of press time, down 2.8% and briefly losing the…

Changpeng Zhao (CZ) detailed the accidental rise of Chinese memecoins on BNB Chain and explained why Aster’s hidden orders provide a structural advantage over Hyperliquid.During his Oct. 10 interview with CounterParty TV, the former Binance CEO attributed BNB’s recent meme explosion to an unplanned Mid-Autumn Festival post and outlined his investment thesis, favoring privacy-focused perpetual DEXs over transparent alternatives.BNB Chain’s Chinese ticker surge started when Zhao posted “Happy Mid-Autumn Festival, post your best memes” during the traditional holiday.The community responded with moon-themed content and Chinese-language tickers, including Zhao Chang’e, a wordplay on Zhao’s name that referenced a female deity from…

Swan Bitcoin CEO Cory Klippsten said Bitcoin’s price volatility may not be over after the cryptocurrency briefly fell to $102,000 on Friday, following US President Donald Trump’s announcement of a 100% tariff on Chinese imports.“If the broader risk-off mood holds, Bitcoin can get dragged around a bit before it finds support and starts to decouple again,” Klippsten told Cointelegraph on Friday.Klippsten said that Bitcoiners should expect some turbulence over the coming days. “Macro-driven dips like this usually wash out leveraged traders and weak hands, then reset positioning for the next leg up,” Klippsten said. $8 billion wiped out in crypto marketOver…

Join Our Telegram channel to stay up to date on breaking news coverage Tom Lee’s BitMine Immersion Technologies has added to its Ethereum stockpile with another $103.68 million purchase as Fundstrat says the altcoin is poised to surge to $5.5k. BitMine received the 23,823 ETH from BitGo earlier today via the wallet address “”0xF8c … 338E7,” according to an X post by on-chain analytics platform Lookonchain. The purchase brings BitMine’s total ETH treasury to 2,853,974 tokens worth about $12.35 billion, consolidating its position as the largest corporate ETH holder globally. The firm also holds 192 BTC, $113 million in Nasdaq-listed…

Tron (TRX) is at a decisive moment after retracing to key demand levels that could determine its next major move. Bulls, who have been in control since late March, are now working to defend support and prepare for a possible breakout. However, to confirm a bullish continuation, Tron must overcome the current supply zone and regain strong upward momentum — a challenge that will test the strength of the recent rally. Related Reading Adding context to Tron’s long-term growth, top analyst Maartunn shared striking on-chain data revealing that TRON’s USDT supply has surged 309x in just six years. What began…