Bitcoin | Crypto

Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks. Key points: Bitcoin circles the $120,000 mark as traders boost liquidity on either side of the spot price. Analysis sees bulls addressing the “imbalance” to take the market higher. Read more

Walmart-backed banking app OnePay reportedly plans to add Bitcoin and Ether trading and custody later this year as part of its push to become a WeChat-style US superapp. OnePay, a banking app majority-owned by Walmart, will soon roll out crypto support, according to CNBC. According to a Friday CNBC report citing anonymous sources, OnePay will soon offer cryptocurrency trading and custody to its users. The app is expected to support Bitcoin (BTC) and Ether (ETH) later this year. OnePay has positioned itself as a US version of a “superapp,” modeled after China’s WeChat. The platform already offers banking services including high-yield savings accounts, credit and debit cards, loans and wireless plans. Read more

Bitcoin surges despite US government shutdowns delay altcoin ETFs; Brazil rolls out a welcome mat for crypto miners. Bitcoin (BTC) surged into October, defying a US government shutdown that has left altcoin exchange-traded fund (ETF) applications in limbo. But while markets welcomed the arrival of “Uptober,” the headlines elsewhere were dominated by regulatory battles and policy experiments. Two defendants pleaded guilty in what UK police called the world’s largest crypto seizure, a case that has left courts wrestling with whether victims should be repaid at today’s Bitcoin value or at what they lost years ago. Read more

The stablecoin market has crossed a landmark $300 billion capitalization, reflecting its growing role as the connective tissue between traditional finance and the crypto ecosystem. This milestone reflects heightened investor demand and the diversification of stablecoin models, which range from fiat-backed giants to yield-bearing challengers. Tether’s USDT continues to dominate with a market share of […] The post Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases appeared first on CryptoSlate.

Bitcoin price is back above $120,000, and the market has clean data to read instead of just vibes. Spot pushed through the important $120,000 level on Oct. 2 with a close near $120,606 after a +5.5% climb from Sept. 29, and it’s holding the level today even with a small give-back. The spike in spot […] The post Bitcoin above $120k: Here’s 3 data points bulls must watch next appeared first on CryptoSlate.

Bitcoin futures buyers came in force for “Uptober” as buy volume outpaced sell volume by almost $2 billion near new BTC price all-time highs. Key points: Bitcoin futures buy volume indicates that traders are becoming increasingly long-term bullish on BTC this month. The $110,000 “gap” in CME Group’s Bitcoin futures remains unfilled. Read more

Bitcoin (BTC) traded at $120,367.71 as of press time, near its all-time high of $124,000, driven by expectations of a rate cut and a market structure reset. Softer US labor signals and a live government shutdown have traders leaning heavily toward another Fed cut this month, lifting risk assets across the board. At the same […] The post Why is Bitcoin near all-time highs? Everything that happened in crypto today appeared first on CryptoSlate.

Bitcoin price aims for $125,000 as the gold rally and reduced inflation risks strengthen investors’ conviction in interest rate cuts and a rally from alternative assets. Key takeaways: Over $313 million in Bitcoin bearish positions were liquidated, signaling conditions for a short squeeze. Gold’s momentum highlights investors’ search for alternatives as interest rate cut expectations gain traction. Read more

Canaan’s 50,000-rig deal, its largest in more than three years, signals a renewed US appetite for Bitcoin mining, according to the company’s CEO. Canaan Inc. shares jumped more than 26% in early trading Thursday after the crypto mining firm landed a 50,000-rig order. Canaan said that a US-based company purchased the latest-generation “Avalon A15 Pro” mining machines, an institutional-grade Bitcoin mining rig. The buyer was not disclosed, but the sale was reported as Canaan's largest in over three years. The company’s CEO, Nangeng Zhang, said the sale highlighted both companies’ “confidence in the long-term growth” of Bitcoin mining and the “demand for highly efficient, next-generation infrastructure.” Read more

Bitcoin surged past $119K, liquidating $475M in shorts, with analysts saying $130K is realistic if the momentum holds.

Bitcoin cleared the $120,000 level for the first time since August as long-term selling cools and short-term holders stabilize, hinting at a fresh accumulation phase. Key takeaways: Bitcoin clears the $120,000 hurdle as long-term holder selling pressure eases. Short-term holders are absorbing losses, signaling market stabilization. Read more

Coinbase has surpassed $1 billion in on-chain Bitcoin-backed loan originations eight months after launching the product in January 2025, and CEO Brian Armstrong has set a $100 billion lifetime originations target.. The run rate implied by the first eight months is roughly $125 million per month, which frames the pace required to reach the new […] The post Coinbase’s Bitcoin loans could hit $100B target by 2030 appeared first on CryptoSlate.

Michael Saylor’s $73-billion Bitcoin bet: Inside Strategy’s playbook, bold $1-million thesis and the risks that could shape corporate finance. Michael Saylor’s goal is to redefine corporate treasuries. Since August 2020, Michael Saylor’s company (once known as MicroStrategy and now rebranded as Strategy) has become one of the largest public holders of Bitcoin (BTC). Read more

BTC price action gained another 1% as bulls took on the $120,000 mark for the first time since mid-August, adding to hopes of new all-time highs. Key points: Bitcoin aims for a $120,000 reclaim as bullish momentum continues at the Wall Street open. Traders are eager for price discovery, seeing this as increasingly likely. Read more

Will the UK sell 61,000 BTC, or pay victims the gains? The United Kingdom is holding 61,000 Bitcoin worth roughly $7.2 billion after pleading guilty to fraud, and a January High Court test will determine who will capture the upside from assets seized in 2018. Zhimin Qian, also known as Yadi Zhang, pleaded guilty on […] The post Will the UK sell newly seized $7.2B BTC, create Bitcoin treasury or pay victims? appeared first on CryptoSlate.

Bitcoin price consolidation after a powerful rally to record highs is normal, and the next leg up could push BTC toward $145,000, new analysis suggests. Key takeaways: Another Bitcoin price pullback to $117,000 is possible before the uptrend resumes. A classic chart pattern puts BTC price on course for $145,000 in the next few months. Read more

Hoarding Bitcoin kills adoption. Real monetary revolution requires spending it like money, not treating it as digital gold to never touch. Opinion by: Carel van Wyk, CEO of MoneyBadger  “Hodl” is the rallying cry for many in the typical Bitcoin community because they believe they should spend “bad money” (fiat) and hoard “good money” (Bitcoin) as it may appreciate in value. But they misunderstand Gresham’s Law, which says, “Bad money drives out good,” because today, there is no reason to have bad money at all. There is a fundamental problem with the hodl approach, particularly in countries where the local fiat is under siege, like South Africa. Read more

"South Park" is back to roasting crypto in its recent episode, but digital assets like Bitcoin have been a pop culture punchline for a long time. “South Park” extended its running gag on cryptocurrency in a recent episode, taking aim at prediction markets, trading apps, US regulators and politicians tied to the industry. Now in its 27th season, the animated series has built its reputation on unhinged satire of global events. Crypto has repeatedly taken some hits. Not everyone enjoys being lampooned on TV shows — the White House recently condemned its depiction of President Donald Trump in a relationship with Satan — but earlier crypto references were often embraced within the industry as proof of mainstream recognition. Read more

Bitcoin price traded near $118,500 on Thursday as a U.S. government shutdown boosted rate-cut odds, the dollar eased, and a visible short squeeze accelerated across derivatives venues. Gold printed fresh record highs around $3,895 per ounce as rate-cut pricing firmed and the dollar index hovered near 97.6. These conditions historically align with stronger performance in […] The post Bitcoin hits $118.5k: All-time high could be next as rate-cut bets crush shorts appeared first on CryptoSlate.

Bitcoin may be positioned for a steep rally in the final quarter of 2025, with prices potentially climbing as high as $200,000 if demand momentum continues, according to onchain analytics firm CryptoQuant. The firm stated that spot demand has been rising sharply since midsummer, averaging more than 62,000 BTC in net inflows per month. It […] The post Bitcoin rally looms with projections hinting at $200,000 surge appeared first on CryptoSlate.