Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $114,000 resistance level. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $119,250 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 $112,500 zone. Bitcoin Price Faces Hurdles Bitcoin price started a recovery wave above the $110,000 pivot level. BTC recovered above the $112,500 and $113,200 resistance levels. The price climbed above the 50% Fib retracement level of the main drop from the $123,750 swing high to the $100,000 low. The bulls even pushed the price above the $114,000 resistance level. However, there are many hurdles on the upside. Bitcoin is now trading below $116,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $119,250 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $116,000 level. The next resistance could be $118,150 and the 76.4% Fib retracement level of the main drop from the $123,750 swing high to the $100,000 low. A close above the $118,150 resistance might send the price further higher. In the stated case, the price could rise and test the $119,250 resistance and the trend line. Any more gains might send the price toward the $120,000 level. The next barrier for the bulls could be $122,500. Another Drop In BTC? If Bitcoin fails to rise above the $115,000 resistance zone, it could start a fresh decline. Immediate support is near the $113,600 level. The first major support is near the $112,500 level. The next support is now near the $111,200 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $110,000, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $113,500, followed by $112,500. Major Resistance Levels – $115,000 and $116,000.
An analyst has revealed the key Bitcoin charts that could be to keep an eye on while Bitcoin is slowly making recovery from its latest crash. These Bitcoin Charts Could Be Ones To Watch In a shock to the market, Bitcoin ended last week with a steep crash, falling from above $122,000 to below $110,000. The coin managed to make some recovery on Sunday, and that rebound has held so far into Monday. Related Reading: XRP Whales Are Selling: $50 Million Exiting Wallets Every Day However, while BTC appears to be rebuilding its structure, its direction remains unclear, as noted by CryptoQuant community analyst Maartunn in an X thread. Maartunn has shared a few key charts that could determine whether the recovery will hold or fade. First, the analyst has revealed a chart that points out a similarity between the recent Bitcoin price action and the November 2021 bull market top. As displayed in the above graph, BTC broke above its weekly resistance with the recent price rally, but immediately fell below the line after the crash. A similar failed breakout also took place back in November 2021. According to Maartunn, such a trend typically signals exhaustion. On-chain data also suggests the cryptocurrency is currently trapped below a notable resistance level, as the chart for the UPRD shows. The UTXO Realized Price Distribution (URPD) here is an indicator that tells us about the amount of Bitcoin that was last purchased/transferred at the various price levels that the asset has visited in its history. From the metric’s chart, it’s visible that a significant amount of supply has its cost basis between $117,500 to $120,000. The holders of these coins would naturally be underwater right now, so there is a chance that if BTC recovers to their break-even level, they might panic sell, fearing going into losses again. Given the scale of the supply involved, selling pressure of this kind could be notable on a retest of the range, potentially making it a major resistance barrier for the asset. A support level that could be key is the average cost basis or Realized Price of the short-term holders (STHs). The line has historically helped the asset find a rebound during bullish trends, with three instances of the trend occurring within the last six weeks alone. The analyst has warned, however, that conviction among the cohort is fading. Related Reading: Bitcoin Investors Pivoting To Accumulation, But Mega Whales Are Still Selling The Market Value to Realized Value (MVRV) Ratio suggests profitability among the Bitcoin STHs has been following a long-term decline, with the boundary level of 1 again being retested. “If this level breaks, expect downside. If it holds, it confirms demand — but manage risk accordingly!” noted Maartunn in the thread. BTC Price At the time of writing, Bitcoin is floating around $114,100, down over 8% in the last seven days. Featured image from Dall-E, CryptoQuant.com, charts from TradingView.com
Enflux says the $600 million plan reflects a new wave of Asian capital favoring infrastructure tokens that power transaction flow over store-of-value assets.
Shares in Canaan jumped more than 40% after unveiling a pilot project in Alberta that converts stranded natural gas into power.
Kenya's crypto regulation could boost fintech innovation and attract global investments, enhancing financial inclusion in emerging markets.
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Ethereum is showing early signs of recovery after a dramatic sell-off on Friday that sent prices plunging to $3,450. The drop came amid what analysts describe as the largest liquidation event in crypto market history, wiping out billions in leveraged positions across major exchanges. While bulls briefly lost control during the panic, ETH has since begun to stabilize, with renewed buying interest emerging near key demand zones. Related Reading: Bitmine Receives 23,823 Ethereum From BitGo As Institutional Accumulation Continues Onchain analyst Maartunn highlighted that leverage is once again building up on Ethereum, signaling that traders are returning to the market following the reset. According to his data, open interest on ETH surged significantly over the past 24 hours — a sign that speculative activity is resuming as volatility cools. This renewed leverage could set the stage for another decisive move, either fueling a short-term relief rally or inviting further liquidations if momentum fades. The coming days will be crucial for Ethereum, as bulls attempt to reclaim the $4,000 level to confirm a sustainable recovery. Market sentiment remains cautious but optimistic, with onchain data showing large holders and institutions continuing to accumulate ETH despite recent turbulence — a potential signal of long-term confidence in the asset’s resilience. Leverage Returns to Ethereum: A Risky Revival In Market Activity According to Maartunn, Ethereum’s Open Interest has surged by +8.2% within the past 24 hours — a clear sign that leverage is flowing back into the market. This rapid rise comes just days after the largest liquidation event in crypto history, where overleveraged traders were wiped out during the sudden crash. Now, it seems many are trying to “trade their money back,” reigniting short-term volatility and speculation across exchanges. Maartunn notes that while these so-called “revenge pumps” often create strong intraday rallies, they rarely sustain long-term momentum. Historically, around 75% of similar leverage-driven recoveries tend to revert, leading to renewed pullbacks once liquidity and funding rates normalize. Only about 25% manage to extend into lasting uptrends, typically when supported by fresh spot buying or renewed institutional inflows. This data underscores the precarious balance Ethereum currently faces. The jump in Open Interest signals revived market participation, but also introduces the risk of another wave of forced liquidations if traders overextend their positions. For now, ETH’s short-term recovery remains largely fueled by derivatives activity rather than spot demand. The next few days will be pivotal in determining Ethereum’s direction. If price holds above the $4,000 region with sustained volume, it could confirm that bulls are regaining control. However, a sudden drop in Open Interest or sharp funding spikes could signal that the rally is overextended — setting the stage for another correction. Related Reading: From $254M To $78.5B: Tron USDT Growth Drives Network Valuation Ethereum Rebounds, But Resistance Looms Ahead Ethereum is showing a solid recovery after last week’s dramatic sell-off that drove prices down to the $3,450 level. The daily chart shows that ETH quickly rebounded from the 200-day moving average (red line), confirming it as a major area of demand. Price is now consolidating near $4,150, attempting to build momentum after a strong bullish candle on high volume — a potential sign that buyers are regaining control. However, ETH faces immediate resistance near the $4,250–$4,300 zone, which coincides with the 50-day moving average (blue line). This area previously acted as strong support, and reclaiming it would be essential for confirming a shift back into bullish structure. The 100-day moving average (green line) is now flattening, reflecting the market’s cautious sentiment following the massive liquidation event. Related Reading: Solana Network Activity Drops 50%: Is The Rally Built On Weak Fundamentals? If bulls manage to sustain price action above $4,000, the next targets lie near $4,500 and eventually $4,750. Conversely, failure to hold the 200-day MA could open the door to a deeper retest of $3,600 or lower. For now, Ethereum’s recovery remains technically constructive, but it must overcome these resistance levels to confirm that the recent rebound is more than just a short-term reaction to oversold conditions. Featured image from ChatGPT, chart from TradingView.com
The Kingdom of Bhutan has tapped Ethereum to store the national identities of its roughly 800,000 citizens, leveraging the network’s immutability and decentralization.
Mantle (MNT) has reignited its bullish momentum, surging 30% in the past 24 hours to reclaim the $2.20 level after dipping as low as $1.50 over the weekend. The swift rebound underscores renewed buyer confidence following last week’s sharp correction from record highs. Related Reading: Solana (SOL) Pushes Higher Again – Has It Finally Found Its Short-Term Bottom? While MNT remains below its $2.84–$2.86 all-time high, the strong recovery suggests bulls are regaining control, potentially setting the stage for another push toward the upper range if momentum holds. Spot activity exploded, with daily trading volume up more than 60% to about $1.2 billion, while futures open interest climbed 9% to $269.7 million, a signal that speculative demand is accelerating alongside spot buying. MNT's price bounces back following major losses on the daily chart. Source: MNTUSD on Tradingview Fundamental Tailwinds: RWAs, Stablecoin Liquidity, and Exchange Distribution Beyond the chart, Mantle’s rally is grounded in clear catalysts. The network’s Tokenization-as-a-Service (TaaS)stack is pulling real-world asset issuers on-chain, while the launch of USD1, a new stablecoin building on Mantle, is injecting fresh liquidity and utility into its DeFi rails. Distribution is another edge: Mantle’s deepening Bybit integration (treasury programs, listings, and roadmap alignment) is funneling sustained order flow, not just one-off hype. Analysts also highlight Mantle’s modular design (execution on Mantle with EigenDA for data availability and OP-stack upgrades) that lowers costs and improves throughput, important for tokenization, trading, and payments use cases. Can Mantle (MNT) Bulls Clear $3? The Levels and Scenarios Momentum favors further upside as a decisive close above $2.87 could open the door to $3.00, with extended targets near $3.60 if volume and open interest continue to rise. On the downside, $2.50–$2.55 is initial intraday support, followed by the must-hold $1.90–$2.00 zone; losing that would risk a deeper retrace toward $1.60–$1.75 where buyers last reloaded. For now, breadth (spot + derivatives), rising participation, and a tight, orderly trend argue for trend continuation rather than a blow-off top. Related Reading: Bitcoin Fear & Greed Index Crashes To Lowest Level In 6 Months, Is A Market Rebound Coming? Technically, MNT’s clean breakout above $2.00 was followed by strong follow-through and a steady series of higher lows. As long as price holds the $1.90–$2.00 demand zone, the bull structure remains intact, with traders eyeing $2.87 (recent high) and the psychological $3.00 mark next. Cover image from ChatGPT, MNTUSD chart from Tradingview
Crypto markets absorbed approximately $19 billion to $20 billion in forced liquidations within 24 hours on Oct. 10, marking the largest single-day deleveraging event on record. Hyperliquid processed more than $10 billion, while Binance accounted for roughly $2.4 billion. Altcoins bore the brunt of selling pressure while Bitcoin’s drawdown remained comparatively contained. Bitwise portfolio manager […]
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The two platforms combined for a record-setting $1.44 billion in volume during September, reflecting surging mainstream interest.
Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing a major obstacle in the company’s effort to repay users after last year’s large theft. Related Reading: ‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt According to reports, the court’s approval on October 13 allows the exchange to move ahead with a court-supervised recovery process tied to the $234 million hack that hit the platform in July 2024. Creditor Vote And Numbers Based on reports from the company, the revised plan won broad backing from affected account holders. In an August revote, 95.7% of participating scheme creditors voted in favor, and those votes came from 143,190 participating creditors representing about $196 million in approved claims. The strong turnout and result were used by WazirX to press its case to the Singapore court. Thank you to everyone who supported this difficult phase of WazirX. The Singapore High Court has approved the scheme. Its your support and love that has made this possible ❤️ Now we set out on the next phase to work hard and create value for everyone. We’re here because of YOU… — Nischal (Shardeum) ???? (@NischalShetty) October 13, 2025 The hack itself exploited a Safe Multisig wallet in mid-July 2024 and drained a large pool of user funds. Investigations and media accounts linked the breach to advanced cyber operators, and the theft forced WazirX to freeze both crypto and rupee withdrawals while legal options were explored. What Users Will Receive According to several outlets, users may recover a substantial portion of lost funds under the approved plan. Reports have said recoveries could reach up to 55% of the losses, delivered as a mix of immediate liquid payments and so-called Recovery Tokens that represent remaining claims to be fulfilled over time. WazirX has said the first wave of payouts — in stablecoin or USDT equivalent — would follow once the scheme takes effect. That mix means some users will get cash-equivalent payments quickly while others will hold tokens that the company intends to redeem as it regains assets or generates revenue. The plan shifts part of the repayment responsibility to entities inside India to comply with local rules, a change that was highlighted during court rounds. The road to approval was not straight. The Singapore court had earlier rejected a first version of the scheme after judges raised questions over the plan’s structure and oversight. That decision forced WazirX and its advisers to rework the proposal and secure a fresh vote from creditors before returning to court. Related Reading: XRP Traders Face Fresh Selling Pressure As Large Holders Move Out Next Steps And Timeline If the scheme becomes effective under the court’s timetable, WazirX says distributions of available liquid assets will begin within 10 business days. That window is expected to trigger the initial USDT transfers while RTs are recorded for the remainder of approved claims. The exchange will still need to finish legal formalities and coordinate with payment processors and regulators. Featured image from Pixabay, chart from TradingView
The wider crypto market has signaled bullish sentiment akin to Gold and Silver, which hit their new respective all-time highs on Monday. The total crypto market cap was up nearly 2% to hover about $4.05 trillion during the mid North American trading session. Bitcoin (BTC) price traded about $115,916 at press time after rebounding from …
Friday’s flash crash reduced short-term risk appetite but did not affect Bitcoin’s long-term potential, possibly delaying a new all-time high by weeks or even months.
The BNB price has staged a powerful recovery, surging over 16% to trade past $1,350, outpacing Bitcoin and Ethereum as optimism builds around an imminent spot ETF approval and renewed confidence in the Binance ecosystem. Related Reading: ‘BNB Isn’t Crumbling’: CZ Slams Critics Stirring Fear And Doubt The rally comes after a sharp sell-off triggered by geopolitical tensions earlier this month, followed by an aggressive rebound fueled by whale accumulation and institutional inflows. According to CoinGlass, daily trading volume jumped 55% to $10.7 billion, while open interest rose 25%, signaling fresh leveraged positions betting on continued upside momentum. BNB’s sharp turnaround mirrors broader market stabilization but with stronger conviction. Traders are now eyeing a move toward $1,450–$1,500, a region that would mark a new all-time high for the fourth-largest cryptocurrency by market capitalization. BNB's price trends to the upside on the daily chart. Source: BNBUSD on Tradingview CZ Attributes BNB Price Rally to Genuine Market Demand Binance founder Changpeng Zhao (CZ) weighed in on the rally, emphasizing that BNB’s recent strength comes from organic market demand, not artificial liquidity support. “BNB has no market makers,” he stated, adding that the price recovery reflects the community’s belief, builder activity, and deflationary mechanisms that continue to burn tokens. CZ also praised BNB Chain ecosystem contributors such as Venus and Binance, who “took hundreds of millions out of their own pockets to protect users” during the recent volatility, a move he described as a demonstration of “different value systems.” His comments helped solidify investor sentiment, with analysts noting that CZ’s transparency about internal market structure has reassured traders that BNB’s rally is fundamentally driven rather than speculative. The token’s deflationary model and sustained ecosystem utility continue to underpin long-term confidence. Can BNB Break $1,500 Next? From a technical standpoint, BNB’s breakout above $1,236 resistance has activated bullish momentum, with the RSI hovering near 65, showing strong but not overbought conditions. MACD crossover and robust volume spikes point to further upside potential. A close above $1,349 (the October 7 high) could propel the token toward $1,400–$1,452, with the next key psychological milestone at $1,500. Related Reading: Bitcoin Fear & Greed Index Crashes To Lowest Level In 6 Months, Is A Market Rebound Coming? Support remains firm at $1,192–$1,220, providing a cushion against short-term volatility. Analysts caution that while BNB’s momentum is strong, profit-taking around the $1,350–$1,400 zone could lead to brief consolidation before the next leg higher. Cover image from ChatGPT, BNBUSD chart from Tradingview
A massive Bitcoin short placed minutes before US President Donald Trump announced tariffs with China on Friday has raised questions about insider trading.
In 2025, there has been an average of 720,000 unique stablecoin senders on Ethereum per week.
Senators may be dragging their feet when it comes to passing crypto legislation, said TD Cowen in a note on Monday.
A crypto analyst has sparked fresh discussions on X social media after pointing out an eerie similarity between the current XRP price structure and its 2017 setup. Back then, the cryptocurrency experienced a sudden flash crash on Binance, dropping from $0.36 to $0.001 before soaring tens of thousands of percent to its all-time highs just weeks later. XRP Mirrors Flash Crash Setup From 2017 A new technical analysis by a crypto market expert known as ‘Guy on the Earth’ on X recalls December 2017, when XRP faced an alleged rug pull moment from Binance, which sent its price into a sharp, temporary collapse before igniting one of the most powerful bull runs in its history. His chart shows a dramatic flash crash that saw the XRP price drop more than 99% from $0.36 to $0.001 before experiencing an explosive breakout that took it to record levels above $3.00 in early 2018. Related Reading: Can XRP Replicate The BNB Price Rise To $1,300 ATH? Analyst Shows The Odds The analyst notes that this same structure appears to be forming once again on the XRP chart. The setup comes at a time when XRP faced one of its most drastic price declines in years, falling from $0.24 to $0.80 last week during a widespread market liquidation that saw almost all major cryptocurrencies in the red. Following the crash, reports from crypto members revealed that exchanges had allegedly refused retail investors from buying during the dip. Although XRP has since recovered from the severe crash, back up to $2.5 at the time of writing, the overall market sentiment remains cautious, echoing the uncertainty of late 2017 before the broader market entered its euphoric phase. Notably, the analyst acknowledged that the main difference between the current market and that of 2017 is the prevailing market sentiment following recent corrections—a disposition that could be described as post-crash fatigue. However, the XRP price chart still shows striking parallels to the earlier cycle. The analyst notes that his short-term bias is for a slight recovery, followed by another major flush, before a possible repeat of XRP’s parabolic move eight years ago. XRP Macro Outlook Still Bullish In a separate analysis, crypto market expert XForceGlobal presented a long-term outlook for XRP, showing an extended Elliott Wave count that suggests the cryptocurrency remains bullish on the macro timeframe. His chart shows that XRP had formed a multi-year consolidation triangle between 2021 and 2024. Related Reading: XRP Could Mirror 2017 Style Surge: Here’s How High The Price Will Go If It Happens According to him, XRP is following a unique pattern called the “Flat route.” XForceGlobal noted that the cryptocurrency appears to have completed its second corrected leg and is now within the confirmation stage of a renewed uptrend. He highlights that, from a timing standpoint, XRP is in a favorable position for a continuation, predicting an initial surge to $3.30, followed by a powerful breakout toward $24 in Wave 3 and a potential peak around $34 in Wave 5. Still, he cautions that any sustained drop below $0.6 could invalidate this bullish setup. Featured image from Getty Images, chart from Tradingview.com
Ripple is partnering with Immunefi to host a $200,000 "attackathon" that searches for bugs in the XRP Ledger lending protocol.
The laws will likely impact social media companies and websites offering services to California residents, including minors, using AI tools.
Gloria launches new terminal feed tracking Digital Asset Treasuries, covering corporate on-chain reserves, RWA flows, and liquidity trends.
The post Gloria expands coverage to Digital Asset Treasury market with dedicated feed appeared first on Crypto Briefing.
Canaan's pilot in Alberta will use stranded natural gas to power new high-density computing operations for bitcoin mining and AI.
The compensation plan marks Binance ecosystem’s biggest user relief effort yet following the crypto market wipeout of about $20 billion.
SEAL's Verifiable Phishing Reporter uses a cryptographic scheme designed by the team that proves whitehat hackers see what victims see.
A long-dormant Bitcoin stash moved into an exchange this week, renewing worries about old coins re-entering the market and the effect that could have on prices. Related Reading: XRP Traders Face Fresh Selling Pressure As Large Holders Move Out Mt. Gox Origins And Staggering Returns According to blockchain tracker Lookonchain, a cluster of addresses tied to coins pulled from Mt. Gox more than 13 years ago sent 300 BTC to Binance in a single transaction. Those coins were reportedly bought at about $11 each, meaning the original outlay was roughly $8,151. The transfer is now worth about $33.47 million, a mark-up of roughly 410,624%. Reports have disclosed that about 590 BTC still remain in the same group of addresses. The market crash just woke up a sleeping Bitcoin OG, who deposited 300 #BTC($33.47M) to #Binance 2 hours ago. He originally withdrew 749 $BTC($8,151 at the time) from #MtGox 13 years ago, when $BTC was just $11. He moved 159 $BTC to a new wallet a year ago but didn’t sell —… pic.twitter.com/tSxgO0Mw5E — Lookonchain (@lookonchain) October 12, 2025 Wallet Activity And What Changed Last year, the same owner moved 159 BTC into a new wallet and then left it untouched. This recent move is different because the coins arrived in an exchange hot wallet, where they can be sold quickly. Traders and market watchers noted the difference: one action kept coins on the chain, the other put them within reach of an order book. Whether the owner chooses to sell some or all of the 300 BTC is not known, but the presence of those funds on Binance makes rapid selling possible. Market Moves And Flows Bitcoin’s price recovered to about $115,000 on Monday, after dipping to $102,000 on Friday. That drop triggered billions in liquidations and left traders on edge. Based on figures, ETFs recorded $2.7 billion in inflows over the last week, and institutional demand showed resilience despite the volatility. Still, the market’s calm is fragile; a large sell order from an old holder could change short-term supply dynamics quickly. The move was flagged by on-chain analysts and then amplified across social platforms. Exchange inflows from wallets tied to early-era miners or Mt. Gox addresses tend to draw attention because they signal supply that was previously dormant coming back into circulation. In this case, the numbers are large enough to get traders’ attention. Possible Scenarios And Risks If some of the 300 BTC is sold, price pressure may increase, particularly during thin trading windows. Alternatively, the transfer could be part of estate consolidation or a decision to move funds to cold storage, in which case selling may not follow. Related Reading: A 5% Bitcoin Drop In October? History Shows That’s Rare Market participants will watch wallet behavior closely: rapid withdrawals to multiple exchange addresses, for example, would likely be interpreted as a selling sign. Featured image from Gemini, chart from TradingView
Seamless Protocol launches leverage tokens on Ethereum, offering automated ERC-20 token strategies for leveraged DeFi positions.
The post Seamless Protocol to introduce leveraged tokens on Ethereum mainnet this week appeared first on Crypto Briefing.
Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.
The bank’s digital asset head says Citi is aiming for a "credible custody solution" in the coming quarters to serve asset managers and other clients.
Jin allegedly profited more than $150 million by shorting the crypto prices ahead of President Trump's announced new tariffs on China.
Bitcoin Core, the dominant software powering roughly 80% of all BTC nodes, has rolled out its long-awaited v30.0 update. The update, published on Oct. 11, brings optional encrypted node connections, performance and fee optimizations, and several bug fixes. Yet the change to OP_RETURN, Bitcoin’s built-in “data graffiti wall,” has triggered the loudest response. What Changed […]
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