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UAE’s MGX links with Nvidia and Sequoia to fuel AI infrastructure expansion
MGX, backed by Abu Dhabi’s sovereign wealth, joined Nvidia, Microsoft, and others in a $40 billion deal to acquire Aligned Data Centers.
Cryptopolitan
Thu, Oct 16
Bitcoin Bull Run Coming To An End: Cycle Peak Countdown Signals 99.3% Completion
After a turbulent few days, Bitcoin (BTC) has resumed its downtrend, currently retracing toward $111,000. This marks a 12% decline from its recent peak of $126,000, which raises concerns among market experts who suggest that the bull run may be closer to its end than many investors believe. End Of B...
NewsBTC
Thu, Oct 16
Australia’s labor market loses steam as unemployment hits 4.5%
Australia’s jobless rate climbed to 4.5% in September, the highest since 2021.
Cryptopolitan
Thu, Oct 16
Bessent believes the current U.S. shutdown will cost the economy as much as $15 billion per week
CEA revealed that the government plans to keep funding the military and the Special Supplemental Nutrition Program for Women, Infants, and Children.
Cryptopolitan
Thu, Oct 16
President Trump welcomed nearly 130 wealthy donors and allies to a dinner at the White House
President Donald Trump welcomed nearly 130 wealthy donors and allies to a dinner at the White House, thanking them for their pledged contributions in a state ballroom.
Cryptopolitan
Thu, Oct 16
U.S. Government Transfers Trigger Panic — Crypto Market Sees Broad Sell-Off Again
Test transfers from U.S. government crypto wallets spark fears of liquidation, leading to widespread declines across digital assets.
Bitcoin
TRON
TradingKey
Thu, Oct 16
Ethereum Beware — Analyst Says XRP’s Next Bull Run Could Be Deadly
According to market charts and comments from well-known traders, XRP’s price action is drawing fresh attention as some investors say it could challenge Ethereum’s spot in the rankings. Related Reading: Bitcoin Whale Breaks 13-Year Silence, Moves $33 Million To Exchange A decade-long chart was shared...
NewsBTC
Thu, Oct 16
SEC Chair Paul Atkins is focusing on supporting innovation in the cryptocurrency sector
SEC Chair Paul Atkins is focusing on supporting innovation in the cryptocurrency sector.
Cryptopolitan
Thu, Oct 16
Tron Price Forecast: TRX steadies as on-chain metrics signal recovery potential
Tron (TRX) price trades in the green by nearly 1% at the time of writing on Thursday, extending the 0.76% gains from the previous day, while the broader cryptocurrency market remains volatile.
TRON
Fxstreet
Thu, Oct 16
Hyperliquid Price Forecast: HYPE under pressure as bearish sentiment persists
Hyperliquid (HYPE) price hovers around $37 on Thursday, having corrected 6% so far this week. The selling pressure continues to weigh on the HYPE price as bearish sentiment builds across the derivatives market. Falling open interest and negative funding rates point to weakening trader confidence.
Fxstreet
Thu, Oct 16
Shiba Inu Reopens Shibarium Bridge After 1-Month Freeze
Shiba Inu has restored BONE transfers on Shibarium’s Plasma bridge, re-enabling deposits and withdrawals between Ethereum and the layer-2 network following a security incident that forced a month-long pause. In an October 14 post, core contributor Kaal Dhairya wrote that the “Plasma Bridge is back o...
Bitcoinist
Thu, Oct 16
Dogecoin (DOGE) Bears Dominate — Price Action Suggests More Downside Ahead
Dogecoin struggled to rise above $0.2180 and corrected some gains against the US Dollar. DOGE is now consolidating and might decline below $0.1920. DOGE price started a fresh downside correction below $0.2050. The price is trading below the $0.240 level and the 100-hourly simple moving average. Ther...
NewsBTC
Thu, Oct 16
Cardano (ADA) Rebounds 2.2% to $0.70 as Whales Accumulate 200M Tokens Ahead of Berlin Summit
Cardano (ADA) edged higher to $0.70 (+2.2%) on Wednesday as on-chain data showed large holders buying the dip. Related Reading: Why This Resistance Could Trigger Another XRP Price Crash Soon Whale and mid-tier wallets snapped up roughly 200 million ADA over 48 hours, about $140 million at recent pri...
NewsBTC
Thu, Oct 16
US Treasury’s Bessent says yen will stabilize if BOJ sticks to its path
Bessent said the yen will stabilize if the Bank of Japan maintains the right monetary policy.
Cryptopolitan
Thu, Oct 16
Sam Bankman-Fried Blames Politics: Says Biden Team Targeted Him For GOP Support
Sam Bankman-Fried has gone on the offensive, accusing the administration of former US President Joe Biden of singling him out after he said he shifted large donations toward Republican causes. Related Reading: Blockchain Could Clean Up Government Spending, Philippines Official Says In a post on micr...
Bitcoinist
Thu, Oct 16
XRP Price Coils Below Resistance — Bulls Prepare For Possible Upside Explosion
XRP price started a consolidation phase below $2.60. The price is now showing positive signs but faces a major resistance near $2.50 and $2.60. XRP price is attempting a recovery wave above the $2.420 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is a key...
NewsBTC
Thu, Oct 16
Ethereum High Timeframe Open Interest Breakdown Confirms Market Reset Phase — What This Means
Ethereum’s high-timeframe structure exposes the fallout from the leverage massacre. Open Interest has cratered, reflecting widespread liquidation across futures markets. With leverage drained and traders shaken out, the path forward depends on whether spot demand can fill the vacuum left by the OI c...
NewsBTC
Thu, Oct 16
Top Crypto Losers: Aster, PancakeSwap, and Immutable extend losses as Bitcoin revisits $110,000
Aster (ASTER), PancakeSwap (CAKE), and Immutable (IMX) are among the worst-performing tokens over the last 24 hours at press time on Thursday, as the broader cryptocurrency market faces a second wave of supply dump.
Bitcoin
Fxstreet
Thu, Oct 16
Ethereum Price Consolidates Below Resistance — Breakout Or Breakdown Next?
Ethereum price is still struggling to settle above $4,220. ETH is now consolidating in a range and might decline sharply if there is a move below $3,880. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading below $4,050 and the 100-hourly Simple Moving Average. T...
NewsBTC
Thu, Oct 16
Fidelity Buys $154.6M in Ethereum as Analysts Predict Move Toward New Highs Despite Outflows
Ethereum (ETH) is back in the spotlight after Fidelity clients purchased roughly 36,460 ETH ($154.6 million), signaling renewed institutional demand even as spot ETH ETFs logged heavy redemptions. Related Reading: Why This Resistance Could Trigger Another XRP Price Crash Soon Before stabilizing arou...
NewsBTC
Thu, Oct 16
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