Crypto News
Crypto Markets Today: BTC’s Gain Lacks Derivative Traders’ Support; YZY Leads to Losses
As bitcoin's (BTC) price recovery looks to gather pace, on-chain data points to potential seller resurgence near $113,600. The wider altcoin market, however, is doing well, as evidenced by the 4% gain in the CoinDesk 80 Index in the past 24 hours. The CoinDesk 20 Index has gained nearly 1%. "Bitcoin is drawing its third rising daily candle, trading above $113K on Thursday morning," Alex Kuptsikevich, the chief market analyst at the FxPro, said in an email. "The growth of altcoins, coupled with the rise in stock indices, has created an environment of increased risk appetite, while BTC's decline to $110K has restored its attractiveness to buyers." Derivatives PositioningBTC's rise in price from Tuesday is characterized by a drop in...
The Play Solana PSG1 Ships in October as Web3 Gaming Hardware Gains Momentum
Play Solana announced that shipments of its PSG1 handheld gaming console will begin on October 6, 2025. The device features an Octa‑Core Rockchip RK3588S CPU, 8 GB LPDDR4X RAM, 128 GB eMMC storage, 3.92″ OLED display (1240×1080), Wi‑Fi 6.0 and Bluetooth 5.4, a capacitive rear fingerprint sensor, and an integrated hardware wallet secured by PlaySource link
Bitcoin, Ether ETF Flows Hint at Incoming Altcoin Bull Run: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise)As August draws to a close, two observations stand out. First, the month's typical surge in volatility in both traditional and cryptocurrency markets has not materialized. That's probably driven by market expectations of forthcoming Fed interest-rate cuts combined with record fiscal spending—essentially an amplified “Goldilocks” scenario. Yet, it raises the question: How much stimulus is too much?Second, institutional flows reveal a divergence between bitcoin (BTC) and ether (ETH). The U.S. ether ETFs have registered a net investment of $3.69 billion this month, extending the four-month inflows streak. Bitcoin ETFs, in contrast, have seen an outflow of over $800 million, the second-highest on record. The difference is a sign of investor rotation into...
Paris Police Probe Alleged Kidnapping and Wrench Attack of Ex-Crypto Trader
France is becoming a global hotspot for crypto "wrench attacks" targeting holders amid organized crime surge.Source link
Tornado Cash Devs Get $500K From Solana Policy Institute to Appeal Convictions
The Solana advocacy group's funds will aid efforts by Roman Storm and Alexey Pertsev, developers of Ethereum coin mixer Tornado Cash, to appeal their respective criminal convictions in the U.S. and the Netherlands.Source link