Bitcoin Clears Its $85,000 Sell Wall as Payrolls Miss at 29,000
The $85,000 asks came off the book on Friday and bitcoin traded as high as $87,000. US September payrolls came in at 29,000 against forecasts near 90,000.
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Uptober Opens With Bitcoin Near $85,000 and Sentiment Running Hot
CoinMarketCap greeted the new month by telling followers that September spending returns 100x in October. Bitcoin traded near $84,800 on Thursday after a green September. The seasonal record behind the slogan is strong, uneven and one year out of date.
Kalshi Ends Volume Rewards as $5B of Ether Perp Trades Draw Scrutiny
Kalshi filed to close its Volume Incentive Program from 13 October. It follows reports that the CFTC examined about $5 billion of near-identical ether perp trades.
Bitcoin's Bull Score Hits 90 While Spot Demand Falls 170,000 BTC
CryptoQuant's trend gauge reads 90 out of 100. Its own demand series shows about 170,000 BTC of buying gone in 30 days, and futures growth has nearly stopped.
Robinhood Sets 10x Leverage on Bitcoin Perps for US Traders
Robinhood is bringing eight perpetual futures contracts to eligible US customers, with up to 10x leverage on bitcoin and ether and 3x on the rest.
Bitget Traces Its $388M Theft to a Zero-Day in a Vendor's Tool
Bitget's chief executive said the attacker used a flaw in a third-party security product to obtain admin credentials, then tested the risk system with 0.184 ETH.
Bitcoin Gives Up $84,000 and Three Monday Readings Disagree
Three outlets read Monday's tape at three different hours and got $84,466, $83,244 and $82,742. One of them contradicts itself inside a single report.
Hyperliquid Will Cut Its Funding Cap From 4% an Hour to 0.5%
Jeff Yan says the next network upgrade lowers the perpetual funding ceiling eightfold and doubles both HIP-4 deployment quotas. No date was given for it.
Bitget Sets a 28 September Restart After Raising the Tally to $387.5M
Withdrawals reopen in four stages from Monday, starting with bitcoin. The revised total is a recount, not fresh theft, and equals about 84% of the protection fund.
Bitcoin's Quarterly Expiry Settles With Totals From $14B to $16B
Deribit settled one of its largest expiries of the year at 08:00 UTC with bitcoin just above $84,000. Five outlets read the notional differently.
Bitget Says $351.6M Left Its Hot Wallets as Withdrawals Stay Shut
The exchange says its $464 million protection fund covers the loss and that private keys were not taken. Withdrawals are still paused, with no timeline given.
Bitcoin Slips Under $84,000 as the 10-Year Yield Hits a 2007 High
The 10-year Treasury yield ran past 5.1% on Wednesday and bitcoin gave up $87,000. Outlets do not agree on how much of the long side was liquidated.