Cryptocurrency
Bitcoin Price Cracks $84K as $188 Million in Crypto Shorts Get Wiped Out
Key TakeawaysBitcoin reclaimed $84,000 on Oct. 21, briefly approaching $84,739 as bearish positions unraveled.Coinglass recorded $243.04 million in crypto liquidations, including $188.14 million in shorts.Binance accounted for approximately 44% of liquidations as bitcoin approached familiar resistance. Bitcoin’s Rally Leaves...
Cryptocurrency
OCC Issues Final Stablecoin Rule Under GENIUS Act
The US Office of the Comptroller of the Currency finalized rules Wednesday for payment stablecoin reserves, redemptions and related custody activities, implementing the GENIUS Act for entities under its jurisdiction.The final rule states issuers must maintain reserves worth at...
Cryptocurrency
Musk Backs Tesla–SpaceX Merger Idea as AI Revenue Soars
Elon Musk said he likes the idea of merging Tesla with SpaceX in a potential move that would create a roughly $3.5 trillion technology giant combining AI, space exploration and electric vehicle manufacturing. “Do I think it would be a...
Cryptocurrency
Qubic Restarts Blockchain After $1.4M Wallet Hack
Layer-1 blockchain Qubic has restarted its network and launched a recovery process after a wallet seed vulnerability allowed an attacker to drain roughly $1.4 million in QU tokens from 1,404 accounts, according to the project’s latest update.Qubic’s blockchain explorer...
Cryptocurrency
U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance
The potential effects of artificial intelligence in the derivatives markets will be in focus at the U.S. Commodity Futures Trading Commission's first in a new series of meetings hosted by its Innovation Task Force on October 28.Using President Donald...
Cryptocurrency
Crypto Shutdowns Surge as Funding and Revenue Dry Up
Crypto researcher Stacy Muur has identified 82 digital asset projects and protocols that have reportedly shut down in 2026, raising questions about the financial sustainability of businesses across decentralized finance, blockchain infrastructure and Web3 gaming.The list, published on X...
Cryptocurrency
Bitcoin Briefly Passes $83,000 as Stocks Rise on US Q3 Earnings Beats
Bitcoin (BTC) returned to $83,000 after Tuesday’s Wall Street open as US stocks gained on strong earnings reports.Key points:Bitcoin gained up to 1.5%, joining upside in US stocks on the back of some higher-than-expected Q3 earnings results.Oil prices hit...
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French police clash with some protesters again as demonstrations continue in nation’s cities
French police fired tear gas and clashed with some protesters on Saturday as thousands marched...