India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
The Mumbaibased exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.…
Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting
Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%. Source:CoinDesk
Elon Musk issues a warning for 'AI neoclouds' as SpaceX borrows $40 billion for chips
SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers. Source:CoinDesk
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations
Bitcoin has sunk to its weakest level in more than one month. Source:CoinDesk
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
Two subscriptions on Thursday nearly quadrupled the fund’s tokens on the network. The receiving wallet shares its authorized signers with the issuer.…
Oil markets are on edge ahead of the weekend, as midterm elections near and fresh U.S. strikes on Iran are predicted
Oil has climbed back to an Iranwar high and may soon go higher, if the U.S. and Israel strike Iran after their respective voters go to the polls in the coming…
Bitcoin seeks support above $81K as Brent crude oil hits highest level since March
Bitcoin dipped below $81,000 as stocks fell and Brent crude hit its highest level since March, leaving the 50day moving average in focus. Source:Cointelegraph
Robinhood sees surge in Bitcoin, Gold prediction markets as traders move beyond sports
The company's head of futures and prediction markets said bitcoin, gold and oil contracts are among its fastestgrowing prediction markets. Source:CoinDesk
Bitcoin consolidates after 3% loss as AI fears stoke fresh stock-market weakness
Bitcoin price volatility cooled as stock markets battled another day of resurgent AI fears during Friday’s Asia trading session. Source:Cointelegraph
Live updates: Bitcoin holds above $81,000 as the AI rout fades and oil climbs
Bitcoin went quiet after a week of big swings, with tech futures steadying and Brent hitting its highest level since early May. The Fed meets next week.…
Bitcoin steadies near $81,700 as altcoins rebound, pepe climbs 13%
Bitcoin rose 0.5% to around $81,700 since midnight UTC while the CoinDesk 80 gained 1.4% and memecoins climbed 2.9%. Source:CoinDesk
Bitcoin appears to have decoupled from midterm cycle bottom history
Previous bitcoin bearmarket lows followed U.S. midterms, but this year’s recovery raises the possibility that the bottom arrived months earlier. Source:CoinDesk