Markets news
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Zcash Drops 21% From Recent High—Here’s Why the Rally May Not Be Over
ZEC is 21% off its $1,698 peak after ETF outflows and a suspected North Korean heist routed money through its shielded pool. Is the run over, or will traders buy the dip?
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Darius Dale: Will Global Liquidity Send Bitcoin Higher in 2027?
Bitcoin Magazine Darius Dale: Will Global Liquidity Send Bitcoin Higher in 2027? Are we headed for a period of chop before a bigger move in Bitcoin? Darius Dale, founder of 42 Macro, says a decline in funding liquidity could mean near-term volatility, but that if liquidity comes back in 2027, which...
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Evernorth clears shareholder vote ahead of Nasdaq debut with 473M XRP treasury
Evernorth expects to begin trading on Nasdaq under the ticker XRPN after its SPAC merger closes, with an XRP treasury worth roughly $710 million at current prices.
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The 'Largest Pure-Play' XRP Treasury Is About to Go Public
Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.
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US Sanctions A7 Network, Proposes Ban on Sub-Agent Payments
The U.S. Treasury sanctioned the Russia-linked A7 Network as a significant transnational criminal organization on Oct. 1, saying it helped Iran evade sanctions. Alongside the designation, its Financial Crimes Enforcement Network (FinCEN) proposed barring U.S. financial institutions from handling......
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Strategy has burned through 64% of its STRC rescue fund
Strategy, Michael Saylor’s BTC treasury company, has expended 64% of its once-$2 billion fund to repurchase STRC. After 10 weeks of trying to force its price higher, the company has already spent $1.28 billion and, as of Monday’s filing, had less than $724 million left. STRC was supposed to sustain...
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Stablecoin Treasury Growth Partly Offsets China’s Retreat, SF Fed Study Finds
Read the full story at The Defiant
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It's the Start of Uptober. Will Bitcoin Live Up to It?
Bitcoin enters its historically strongest month after a record-pace September, but a Fed hike and 5.3% Treasury yields are testing the bulls.
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Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.
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Evernorth shareholders approve $1 billion XRP treasury deal, clearing path to Nasdaq debut
Armada Acquisition Corp. II shareholders approved the Evernorth merger. The XRP treasury company expects to hold ~473M XRP.
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LATAM stablecoin liquidity may depend on few providers, investor says
Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit.
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Bitcoin ETFs’ 9-day, $3 billion inflow streak comes to an end as $149 million exits the funds
Meanwhile, U.S. spot Ethereum ETFs saw $59.6 million in net outflows on Wednesday, led by $26.6 million exiting Fidelity's FETH fund.
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Bitcoin kicks off new quarter in the old $82,000-$85,000 price range
Prices briefly topped $85,000 on Wednesday after weaker-than-expected U.S. inflation cooled bets on Fed rate hikes, But bulls couldn’t hold the move and spot ETFs didn’t help.
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Bitcoin holds above $83K as rally on lower US inflation data fades
Bitcoin erased its post-PCE gains as analysts cautioned that methodology changes complicated the lower-than-expected inflation reading.
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Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citi also raised its 12-month target for ether from from $2,240 to $3,028.
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Bitcoin ETFs draw $6.3B in Q3 as BTC price rises nearly 43%
Bitcoin gained 42.71% in Q3, its best third-quarter performance since 2017, as US spot ETFs attracted $6.34 billion in net inflows.
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Bitcoin think tank questions MSCI’s ‘invisible committee’ over Strategy, Metaplanet rule
A Bitcoin Policy Institute paper says MSCI’s proposed “non-operating company” rule could remove Strategy and Metaplanet from its indexes and may have roots in an earlier crypto treasury review.
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Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall
A cooler-than-expected PCE report sent bitcoin briefly above $85,000 on Wednesday. Treasury yields held near their highest since 2002 and the gains drained away.
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Sentora’s Morpho Vaults See Sharp Outflows Amid MetaMask Staking Incident
Read the full story at The Defiant
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CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.
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Mark Moss: The Bitcoin Endgame – BTC to $1 Million by 2030
Bitcoin Magazine Mark Moss: The Bitcoin Endgame – BTC to $1 Million by 2030 The Fed just raised rates, yet Bitcoin keeps climbing. Mark Moss, host of the Market Disruptors podcast, explains why he thinks most people are misreading why long-term rates are rising, how a booming economy could be part...
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Bitcoin Surges 40% in Its Best Quarter Since Late 2024
Bitcoin Magazine Bitcoin Surges 40% in Its Best Quarter Since Late 2024 Bitcoin is having one of its best quarters ever — another indication that the biggest cryptocurrency is in a bull market. As noted by the The Kobeissi Letter this week, the price of bitcoin is now up close to 30% since August...
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CFTC Sends White House New Rules to Cement Its Grip on Prediction Markets
The two proposals would define event contracts as "swaps" while excluding "casino-style gambling products"—a bid to cement the agency's exclusive jurisdiction as states sue prediction-market operators over gambling claims.
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PIMCO US Treasury bond ETF hits all-time low
ZROZ, a PIMCO ETF allocated to US Treasury bond repayments guaranteed by the US government, has lost 16% of its share price this year. It also lost 21% over the past 12 months, 63% over the past five years, and is down 73% from its March 2020 peak. The terrible results for investors are...
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White House weighs new CFTC event contract rules in growing prediction market power struggle
The White House is weighing two proposed rules from the CFTC tied to prediction markets as the agency seeks to assert its jurisdiction.
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Bitcoin ETFs Extend Win Streak to 9 Days, Matching August Rally
Bitcoin ETFs added $66 million Tuesday, matching August's nine-day run and topping it in dollars. How long will the streak stay alive?
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Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal
In the first half of this year, the sector poured millions into lobbying, with most of it tied to pushing the U.S. market structure bill to a goal it never reached.
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Bitcoin’s Price Jumps Above $85,000 on Lighter-Than-Expected Inflation Data
Bitcoin Magazine Bitcoin’s Price Jumps Above $85,000 on Lighter-Than-Expected Inflation Data Bitcoin’s price rose — albeit slightly — on data Wednesday showing that inflation had risen slower than expected. The Fed’s main inflation gauge, the personal consumption expenditures price index, increased...
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Bitcoin steadies as soft PCE cools October Fed rate hike bets
Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains.
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Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator
Hyperliquid (HYPE) Co-founder Jeff Yan said at Korea Blockchain Week that around-the-clock trading is not what sets onchain venues apart from traditional exchanges. Speaking in a fireside chat at Korea Blockchain Week 2026, Yan pointed out that crypto never needed conventional market hours because...