Bitcoin price is struggling to settle above $113,500 and $114,000. BTC is now consolidating and might start another decline below $110,000. Bitcoin started a fresh decline after it failed to clear the $114,000 resistance level. The price is trading below $113,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $112,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $110,200 zone. Bitcoin Price Faces Hurdles Bitcoin…
Category: Analysis
Crypto Whale Behind $19B Liquidation Event Moves $129M Into Binance Ahead of Key Macro Events
Key Notes The Hyperunit entity previously profited from shorting Bitcoin during Trump’s tariff announcement that triggered $19B in liquidations. Bitcoin futures volume plunged 32.77% to $96.56B while open interest fell to $72.62B as traders cut leverage exposure. Long-to-short ratio turned bearish at 0.99, signaling deleveraging as markets brace for Fed decision and government shutdown impacts. On Oct. 15, blockchain trackers detected a $129 million transfer from a wallet cluster tied to the “Hyperunit” trading entity into Binance. The entity, which manages over $10 billion in crypto assets, gained attention after…
Aptos Partners with India’s Largest Telecom Jio to Launch Blockchain Rewards for 500M Users
Key Notes India’s largest telecom operator integrates Aptos layer-1 blockchain to deliver practical rewards rather than speculative assets to subscribers. The beta program represents one of the largest real-world Web3 deployments by any telecom company in history globally. Aptos token declined 5% despite the announcement, following broader crypto market trends and showing muted investor reaction to the news. Aptos Foundation and Aptos Labs have entered a partnership with Reliance Jio, India’s largest telecom operator, to launch a blockchain-based rewards platform tailored for Jio’s subscriber base of over 500 million users.…
Crypto Whales Buy $30M of Tokenized Gold Amid New All-Time Highs
Key Notes Two major whales accumulated $30M in Tether’s gold-backed tokens as the precious metal surged past $4,200 per ounce. Gold’s market cap of $29.27 trillion dwarfs all other assets, including Nvidia’s $4.5 trillion and Bitcoin’s $2.21 trillion valuations. The shift to tokenized gold follows a historic crypto crash that wiped out $19 billion in liquidations across digital asset markets. Gold has made a new all-time high on October 15, following previously achieved, subsequent record highs this week on October 13 and 14. As the leading commodity rallies, some crypto…
Tether-backed Firm Launches Tokenized Gold (XAUT0) on Solana Blockchain
Key Notes Tether’s XAUT0 launch provides access to $170 billion in unified liquidity across 12 chains during gold’s rally to record highs. Solana faces downward pressure from a suspected $17.6 million Alameda Research transfer to Coinbase despite RWA momentum. Technical indicators show SOL must reclaim $213 support to target $244, or risk falling toward $181 if selling intensifies. USDT0, a liquidity unification protocol backed by stablecoin issuer Tether, has launched a tokenized gold asset, XAUT0, on the Solana blockchain. The move comes as gold prices hit a new all-time high…
US Regulator Approves Peter Thiel-Backed Erebor Bank for National Charter
Key Notes Palmer Luckey and Joe Lonsdale founded Erebor with Founders Fund backing to create a regulated crypto banking solution. The bank plans to hold digital assets on its balance sheet and handle stablecoin operations as core business functions. Final approval requires FDIC insurance and maintaining a 12% Tier 1 Leverage ratio for three years. A new crypto-focused bank backed by some of Silicon Valley’s most influential figures has received preliminary conditional approval for a national charter from a top US regulator, a move to reshape the banking landscape for…
KAIO Launches Tokenized Version of Hamilton Lane’s Senior Credit Opportunities Fund on Sei
Key Notes Hamilton Lane’s evergreen private credit fund becomes accessible through blockchain tokenization via KAIO’s feeder fund structure. The tokenized assets can serve as collateral in DeFi applications, expanding utility beyond traditional investment vehicles. Analysts predict significant price momentum for SEI following similar institutional adoption patterns seen with competing networks. KAIO, a decentralized finance (DeFi) protocol, has announced the tokenization and launch of Hamilton Lane’s Senior Credit Opportunities fund on the Sei blockchain network. Hamilton Lane is a leading investments market firm based in the US. According to an Oct.…
Dogecoin Price Prediction: Hidden Chart Pattern Points to 1,000% Surge to $2 – Most Traders Missing What’s Coming
In the past 24 hours, DOGE is up almost 3% despite a 36% decline in trading volume, as per CoinMarketcap data. According to analysts, the meme coin’s long-term structure still completes the handle of a massive cup-and-handle formation, a bullish continuation pattern that has been developing since 2021 and potentially targets $2 in the coming years. $DOGE feeling bullish. After breaking out of both major and minor downtrend lines, Dogecoin retested these areas. This area also coincides with the resistance line of the cup and handle formation. The fluctuations seen…
Starknet, Alpen Labs Build Bitcoin DeFi Bridge
Key Notes The Starknet Foundation has awarded a grant to Alpen Labs to accelerate the development of a shared verifier for the broader Bitcoin ecosystem. Glock technology uses garbled circuits and claims up to a 1000x reduction in on-chain verification costs compared to previous models like BitVM. The initiative aims to unlock BTCFi use cases, such as native staking and borrowing, without relying on less secure wrapped assets or multisig setups. Starknet is collaborating with Bitcoin BTC $110 904 24h volatility: 0.4% Market cap: $2.21 T Vol. 24h: $77.65 B…
BNB Rally May End — Could Drop Under $1,000 Ahead
Key Notes BNB price close below the $1,100 neckline support could validate the bearish pattern, potentially pushing BNB toward $835, a roughly 30% drop from current levels. Technical indicators suggest waning bullish momentum, with the daily RSI entering a correction phase and the MACD showing a bearish crossover. Binance has seen record outflows, totaling $21.75 billion in a week, including $4.1 billion in a single day. Binance Coin BNB $1 173 24h volatility: 1.8% Market cap: $164.04 B Vol. 24h: $6.04 B , the native cryptocurrency of the Binance Chain,…