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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…

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,…

On October 10, President Donald Trump said he would impose a “massive increase” in tariffs on Chinese imports. The announcement came after Beijing introduced new restrictions on exports of rare-earth materials critical to technology and defense manufacturing. Summary Trump vowed a “massive” tariff hike on China, reviving trade-war fears; markets flipped risk-off. BTC slid under $117K; ETH broke $4,000; SOL nears $200. Crypto stocks fell 5–10%. SEC actions slowed amid a 10-day shutdown, delaying crypto filings. Trump’s statement reminded the market of April 2 when his “Liberation Day” tariffs announcment spooked markets. On Friday, he renewed these concerns and hinted…

Institutional investors are deepening their involvement in digital assets and emerging technologies such as blockchain and AI, according to a new State Street report — though many remain split on whether decentralized finance can ever fully blend with traditional markets.The study found that digital assets currently make up about 7% of institutional portfolios, a figure expected to climb to 16% by 2028. Most holdings are concentrated in digital cash (stablecoins) and tokenized versions of listed equities or fixed income, with respondents allocating about 1% of their portfolios to each and asset managers maintaining greater exposure.Source: State StreetWhile stablecoins and tokenized…

Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs.The investment, from the undisclosed firm, is split between 9,027,778 new Class A shares issued by Galaxy and 3,750,000 shares sold by certain executives, including founder and CEO Mike Novogratz, at $36 per share, according to the press release. That’s an 8.5% discount from Friday’s closing price.”Strengthening our balance sheet is essential to scaling Galaxy’s data center business efficiently…

Norwegian officials launched an investigation on Oct. 10 into a suspected leak of confidential information after online wagers on this year’s Nobel Peace Prize winner surged just hours before the official announcement.Authorities said the spike in betting activity on Polymarket appeared to indicate insider knowledge of the Nobel Committee’s decision.Venezuelan opposition leader María Corina Machado was awarded the 2025 Peace Prize for her pro-democracy efforts, a result that sparked a sudden surge in bets in her favor overnight.According to reports first published by Bloomberg and local Norwegian media, multiple large wagers were placed on Machado shortly after midnight Norwegian time.Data reviewed…

Bitcoin plunged below $110,000 after Trump announced sweeping tariffs on China on Friday, reigniting fears of a broader trade and market sell-off. News COINTELEGRAPH IN YOUR SOCIAL FEEDUS President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin (BTC) reeling below $110,000 at this writing.The US president said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social:“It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely…

Binance data shows that Bitcoin’s emotional index is climbing sharply. Bitcoin (BTC) pulled back on Friday as traders locked in profits following its surge to fresh record highs earlier this week. Despite this, market fear appears to be fading fast, as evidenced by Binance’s data, which shows Bitcoin’s emotional strength turning positive. This could also mean that investors may be gearing up for another rally. BTC Emotional Strength Hits Positive Territory Investor sentiment toward BTC is showing a decisive turnaround, according to fresh data from Binance, the world’s largest and most liquid cryptocurrency exchange. Since the start of October,…

This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$111,480.33 bounced back to around $121,500 after dipping below $120,000 late Thursday. Further gains may be difficult to achieve or could prove short-lived for two reasons.First, momentum indicators on short-term charts have turned bearish. On the hourly chart, the 50-, 100-, and 200-candle simple moving averages (SMAs) have aligned bearishly, now stacked one below the other – a classic bearish configuration. Additionally, the pattern of consecutive lower highs points to weakening buying pressure.BTC’s hourly candlestick chart. (TradingView) Second, key ETFs are signaling a risk-off sentiment. The…

Joerg Hiller Oct 10, 2025 18:10 Gala Games introduces the Dracula Mansion, a gothic addition to VEXI Villages, featuring varying rarity levels and special pricing for Halloween enthusiasts. Gala Games has announced the launch of a new gothic-themed addition to its VEXI Villages, the Dracula Mansion, just in time for the Halloween season. This latest offering adds a touch of eerie charm and dark elegance to players’ collections, according to news.gala.com. Dracula Mansion Mystery Box The Dracula Mansion is available through a Mystery Box, which includes one mansion of random rarity. The chances…