Author: Saanjana Nikita

The cryptocurrency market has faced another wave of selling pressure over the past 24 hours, dragging Bitcoin, Ethereum, and several altcoins lower. The pullback has fueled uncertainty among investors, with bearish sentiment growing as traders try to determine whether the market is preparing for another decline or a potential rebound. Despite the recent volatility, some market watchers remain optimistic. Attention is now turning to Bitcoin’s next move and whether a recovery could help lift the wider crypto market. Bitcoin and Ethereum Show Signs of a Possible Rebound Bitcoin has experienced several price swings, moving between the $79,000 and $81,000 levels…

Uniswap (UNI) is showing signs of renewed network activity despite continued pressure on its token price. UNI has fallen 25.75% over the past month to around $6.93, while on-chain data points to a sharp increase in new wallet activity. According to Santiment, 2,295 new addresses interacted with UNI for the first time in a single day. That is the highest daily reading since November 2022 and could signal growing interest in the Uniswap ecosystem. Whether this activity translates into a price recovery will depend on whether new users continue to arrive and buyers regain control of the market. Uniswap v4…

Solana (SOL) faced renewed selling pressure ahead of its scheduled Alpenglow upgrade on October 21, with the token declining 1.44% over 24 hours to $103.96. Traders are watching whether the network upgrade can support a recovery or whether further weakness could push SOL toward $90. The broader crypto market also moved lower, shedding 1.77% to reach a total valuation of approximately $2.72 trillion. A wave of long-position liquidations and broad-based selling contributed to the downturn. Bitcoin traded near $81,400, while Ethereum changed hands around $2,380. XRP also remained under pressure, trading below $1.30 as investors navigated the latest market correction.…

Michael Saylor’s Strategy has expanded its Bitcoin reserves by acquiring another 267 BTC while continuing to repurchase shares of its STRC preferred stock. The company spent approximately $22.1 million on Bitcoin during the latest reporting period and allocated another $193.1 million to STRC share repurchases. Strategy also received board approval to increase the maximum aggregate purchase amount under its STRC buyback program from $2 billion to $3 billion.  Strategy’s Bitcoin Holdings Climb to 848,517 BTC According to a filing with the U.S. Securities and Exchange Commission (SEC), Strategy purchased 267 Bitcoin between October 12 and October 18. The acquisition cost…

Cardano (ADA) remains under pressure after recording further losses, but progress on its Ouroboros Leios upgrade has drawn attention to the network’s long-term potential. With a mainnet-ready release candidate targeted for the end of 2026, traders are watching whether ADA can regain momentum and move toward the $0.30 mark. ADA dropped 2.04% over 24 hours to approximately $0.219, bringing its weekly decline to around 11%. Meanwhile, the wider crypto market remained relatively stable, with total market capitalization near $2.73 trillion. Bitcoin traded around $81,650, while Ethereum and XRP hovered near $2,400 and $1.30, respectively. Despite the ongoing development of Leios,…

Gold prices came under pressure this week as stronger-than-expected US inflation data raised expectations that the Federal Reserve could keep interest rates higher for longer. However, economist Peter Schiff sees the decline differently. With gold trading near $4,145, he described the price as a potential gift for buyers. The reaction has raised an important question: why is gold falling when inflation remains stubbornly high?  Strong Inflation Data Puts Pressure on Gold Three separate inflation reports delivered hotter readings than markets had anticipated. September’s Consumer Price Index (CPI) showed annual inflation at 3.7%, exceeding the 3.6% forecast. Producer prices then recorded…

The SEC has approved a new type of binary options contract linked to key performance indicators (KPIs) of 23 publicly traded U.S. companies, opening up another way for traders to speculate on company performance. For crypto-related companies, the contracts will focus on metrics such as: – Coinbase: Trading volume on its crypto exchange – Robinhood: Customer numbers and revenue – MARA Holdings: Bitcoin mining production Instead of betting directly on Bitcoin’s price, traders will be able to take a simple yes-or-no position on whether a company reaches a specific target by a set date. NEW: The SEC approves binary options…

Chainlink (LINK) has pulled back after briefly moving above $15 in late September, returning to the $13 range. Despite the recent weakness, its broader price structure remains constructive, with higher lows forming since August. Traders are now watching whether LINK can overcome resistance near $15, while a longer-term chart pattern has raised the possibility of a much larger move. LINK Buyers Defend Support as $15 Remains the Key Level On October 6, LINK traded around $13.86, reaching an intraday high of approximately $13.92. Although short-term momentum has slowed, the recovery from around $8 in August has changed the chart’s overall…

Cardano is drawing attention on two fronts following developments shared at TOKEN2049. Network activity has picked up after the introduction of a new token standard, while the project’s proposed .ada internet domain has moved forward in ICANN’s application process. The developments come as ADA attempts to recover from a sharp price decline earlier in the week. New Token Standard Coincides With Higher Activity Cardano recorded around 27,500 daily active addresses on October 7, according to Santiment Intelligence. Activity remained elevated the following day, reaching roughly 1.7 times the network’s average weekday level in September. The increase stands out because Bitcoin…

Binance’s latest proof-of-reserves figures show an interesting shift in customer holdings. During September 2026, users’ Bitcoin balances increased by nearly $537 million, while Ethereum holdings dropped by around $499 million. That raises a simple question: are some traders moving from ETH into BTC? The numbers come from Binance’s proof-of-reserves data, which compares the crypto held in the exchange’s wallets with the assets deposited by its customers. Exchanges began publishing these reports more widely after the collapse of FTX in 2022. Bitcoin was the only major asset to gain According to Binance, customer Bitcoin holdings increased 0.91% during September, reaching roughly…