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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…
Crypto analyst EtherNasyonaL has predicted that the Dogecoin price is well-primed for a parabolic rally. This came as he alluded to the meme coin’s historical performance, while declaring it was “parabolic coded.” Dogecoin Price Eyes Rally To $1 As Analyst Says Meme Coin Is ‘Parabolic Coded’ In an X post, EtherNasyonaL predicted that the Dogecoin price could rally to the psychological $1 level, hinting that the meme coin was well-positioned for a parabolic rally. The analyst highlighted DOGE’s historical performance in the fourth quarter of 2023 and 2024, when it recorded gains of 246% and 373%, respectively. Based on this,…
Friday brought carnage onto crypto markets as U.S.-China trade tensions ratcheted up with Trump threatening a massive increase in tariffs against Chinese goods.Worst-hit among the crypto benchmark CoinDesk 20 Index constituents was Ethereum’s native token ether ETH$4,017.77, nosediving 7% from Friday’s session high and hitting its weakest price since late September below $4,100. Its decline far outpaced bitcoin’s BTC$117,002.54 3.5% drop below $118,000 and the index’s 5% plunge.The broad-market downturn spurred a liquidation cascade across crypto derivatives markets, wiping out over $600 million of leveraged trading positions among all assets, CoinGlass data shows.ETH also led in liquidations with over $235…
Bitcoin’s steady climb to a new all-time high this October has revived the familiar question of whether the next breakout could mark the first sustained run to $150,000.The optimism follows a surge in derivatives positioning and ETF inflows, suggesting that institutional momentum may be reshaping the cycle’s upper bound rather than simply fueling another speculative rally.Derivatives market lit the fuseOn Derive.xyz, options traders have already made up their minds and believe the flagship digital asset is trending upwards.According to data shared with CryptoSlate, contracts priced for expiry before the end of October show an aggressive skew toward the upside, implying…
Paul Atkins wants to cement his vision for the crypto markets before political tides shift again in Washington. As the new chair of the US Securities and Exchange Commission, he’s moving quickly to “future-proof” SEC policies, a push that could define how much freedom the crypto industry enjoys after President Donald Trump leaves office.In a conference hosted by the Managed Funds Association in New York on Tuesday, Atkins said the SEC would work quickly to adopt rules that could “future-proof” his agenda. He specifically referred to removing or weakening regulations on public and private markets, both of which could impact…
Canary files updated XRP and Solana ETF registrations, cutting fees to 0.50%. SEC’s crypto-friendly shift speeds up ETF approvals under new listing standards. Pending crypto ETFs may see faster approvals once the US government reopens. Canary Capital is moving closer to securing approval from the US Securities and Exchange Commission (SEC) for its proposed exchange-traded funds (ETFs) tracking XRP and Solana (SOL). The firm recently updated two of its registration statements, signaling that it may be nearing the final stages of the approval process as regulatory sentiment toward digital assets shifts under the current administration. Canary updates XRP and Solana…
Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash piles. The surge comes as Bitcoin hit a new all-time high above $126,000 this week, driven by investor demand for hard assets seen as hedges against US dollar debasement — a narrative increasingly likened to gold.However, Bitcoin isn’t the only corner of crypto attracting major institutional money. The Intercontinental Exchange (ICE) has invested $2 billion in Polymarket, a decentralized prediction platform, valuing the firm at…