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Bitcoin slips under $122K after a 16% surge fueled by ETFs and futures. Profit-taking triggers a short-term dip, pulling major altcoins down 4–7%. Analysts eye a potential rebound, with Bitcoin aiming past $130K and altcoins poised for recovery. Bitcoin took a bit of a breather on Tuesday, slipping below the $122,000 mark after a blistering rally that had traders buzzing with excitement. For the traders following the crypto rollercoaster, this pullback probably didn’t come as a huge surprise. The market had been running pretty hot, and sometimes you just need to catch your breath before the next big move. Bitcoin…

Is ETH gearing up for a rally to $7,500 and even $10,000? The second-largest cryptocurrency experienced a 12% price surge over the past week, reaching around $4,700. The question now is whether it can continue its positive performance throughout the ongoing month and tap a new record valuation. The Odds are Looking Good Many analysts are confident that Ethereum could break past its previous all-time high of almost $5,000 as early as this October.  To add an interesting twist to the discussion, we consulted three leading AI-powered chatbots for their forecasts and interpretations. ChatGPT claimed ETH has a realistic…

Euler price has dipped about 3% in the past 24 hours but holds above the key $10 mark as the decentralized finance protocol hits a milestone with over $2 billion in total borrows. Summary Euler price dropped 3% as top altcoins pared gains amid Bitcoin’s dip after hitting the all-time high abov $126,000. Despite the decline, the token looked poised to hold above $10. Bulls’ show of resilience at the psychological level comes as Euler Labs hit over $2 billion in DeFi borrows. Euler, a non-custodial lending protocol on Ethereum, saw its native token’s price jump to highs of $11…

S&P Global plans to launch a new benchmark index that tracks a wide range of digital assets and blockchain-related companies, signaling growing recognition of the crypto sector within traditional finance.The S&P Digital Markets 50 Index, created in partnership with tokenization company Dinari, includes 15 cryptocurrencies with a market capitalization of at least $300 million and 35 publicly traded companies in the sector with a market cap of at least $100 million, S&P announced Tuesday. Constituents have not yet been published, but no single component will exceed 5% of the index. Some of the sector’s biggest companies include Bitcoin treasury company…

XRP is catching retail skepticism again in a gauge that has historically proven profitable for contrarian bets.Data from Santiment shows the token’s bullish-to-bearish commentary ratio slipped under 1.0 twice in the past three days — October 4th (0.74) and October 6th (0.86) — levels that historically line up with fear-driven selling pressure.😮 XRP is seeing it’s highest level of retail FUD since Trump’s tariffs were announced 6 months ago. There have been more bearish comments than bullish for 2 of the past 3 days, which is generally a promising buy signal. Markets move opposite to small trader expectations. pic.twitter.com/flO7jjlo9m— Santiment…

Investment bank KBW initiated coverage of Gemini Space Station (GEMI) with a market perform rating and a $27 price target, describing the crypto exchange as a well-rounded digital asset platform poised for long-term growth.Nevertheless, wrote analyst Bill Papanastasiou, Gemini for now remains unprofitable and discounted valuation to competitor Coinbase is warranted “as the impact fromexecution and market risk is elevated.”KBW said Gemini’s ecosystem, spanning trading, custody, credit cards, staking, stablecoins, and tokenized equities, offers cross-selling potential as the crypto market expands.The bank highlighted Gemini’s credit card business as a key growth driver, noting that it has more than 100,000 users…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Bitcoin’s exchange withdrawals have climbed to their highest sustained level since 2022, even as the asset trades near record highs.While current outflows remain below the 2023 accumulation peak, the renewed withdrawal trend highlights a behavioral shift in how investors gain exposure to Bitcoin.Institutional demand increasingly flows through spot exchange-traded funds (ETFs) rather than direct purchases, leaving retail holders as the main force behind on-chain accumulation.Bitcoin netflows at multi-year lowsData from CryptoQuant shows that the 14-day Simple Moving Average (SMA) of Bitcoin exchange netflows has moved past neutral territory, with 7,500 BTC withdrawn over the past two weeks.That figure represents a…

IREN (IREN) shares continued to rally after announcing new multi-year AI cloud service contracts with leading AI companies for NVIDIA Blackwell GPU deployments. The company remains on track to surpass $500 million in annualized run-rate revenue (ARR) by the end of Q1 2026 from 23,000 GPUs in operation or on order.Contracts covering 11,000 GPUs have already been signed, representing around $225 million in ARR expected to come online by the end of 2025. With average two-year contract terms and revenue payback periods, IREN is scaling across its British Columbia campuses and Horizon 1 and 2 data centers in Texas, which…

Digital asset infrastructure company BitGo said it had secured regulatory approval to offer specific services in Dubai amid the agency’s announcement of several enforcement actions.In a Tuesday notice, BitGo said its Middle East and North Africa (MENA) arm had secured a broker-dealer license from the Virtual Assets Regulatory Authority (VARA) in Dubai, allowing the company to provide “regulated digital asset trading and intermediation services to institutional clients.” The move came just a few weeks after BitGo said its European subsidiary could offer crypto services to local investors under a license from Germany’s Federal Financial Supervisory Authority.“This approval allows us to…