BTC slid under $110K for the first time in 47 days, triggering ~$895 million liquidations in 24h with over 92% of the liquidations long positions. ETH dropped ~7% from its ATH $4,955 to $4,415, wiping ~$266 million in long/short positions.
Despite weakness, corporate/treasury bids remain active. Strategy added 3,081 BTC worth $343 million, Goldman Sachs made a $194 million purchase of BTC, Remixpoint acquired 41.5 BTC, Metaplanet added 103 BTC, and ETHZilla purchased 7,562 ETH worth $35 million. These treasury inflows highlight selective accumulation into stress.
BTC RSI at 43.6, edging toward oversold, along with Net Unrealized Profit/Loss falling to 5.1% from 8.8%, flags fading profitability. The key risk is a break of the 200-day EMA at $103.7K or the 200-day SMA at $100.8K which would jeopardize the bull cycle market structure.
Chainalysis data shows U.S. wallets account for almost all agent spending on AI model inference, while Chinese-linked wallets dominate payments for security and code analysis services.
The deal would give Payward a full EU banking license on top of its Irish e-money license, letting it pay interest on deposits and lend across five European markets.
An implant that read recovery phrases off the screen and sent them out over LTE has been linked to more than $86 million in suspected thefts, and a second tampered device has now surfaced in Singapore.
Headline and core CPI both came in a tenth above forecasts, and Bitcoin slipped below $82,000 as traders raised the odds of a second consecutive rate increase at the Fed's Oct. 27–28 meeting.