Bitcoin holds near $78,300 as markets await US midterms and jobs data
Investors face a busy week of political and economic events, including all 435 US House seats up for election and central bank decisions in the UK and Europe.
Investors face a busy week of political and economic events, including all 435 US House seats up for election and central bank decisions in the UK and Europe.
Wallet 0x9EcA spent 37.96 million USDC to acquire over 16,600 ETH in a two‑hour window, according to Lookonchain.
The prediction platform launched short-term contracts for precious metals on 30 October. The move follows a $2.65 million security breach that occurred earlier in the week.
Cantor Fitzgerald and TD Cowen say the market recovery remains intact despite a security breach that saw $6.3bn taken from the world's largest exchange.
The company spent $2.04bn on share buybacks through late October while paying out $419.6m in preferred dividends.
Exchanges closed out more than $600 million in long positions as Bitcoin, Ethereum, Solana and XRP broke key price levels in a rapid market pullback.
Boss Bot News reported Bitcoin touching $79,000 on Thursday. YourKhabri market data recorded the asset at $79,086 as 24-hour prices dipped 2.4 percent.
Onchain data from Glassnode shows roughly 4 million Bitcoin bought above $85,000 could limit price gains, even as exchange outflows continue through October.
Onchain data shows 864,520 Bitcoin moved in the $84,000 to $85,000 range last November, creating heavy overhead resistance as long-term investors hold coins at an aggregate loss.
The Federal Open Market Committee concludes its meeting today with a 93.4 per cent probability of rates staying between 3.75 per cent and 4.00 per cent.
The quarterly total topped Wall Street analyst forecasts of $114.1 million despite total crypto trading volume falling 38 percent across the platform.
The new prediction markets cover Bitcoin, Ether, Solana, and XRP using pricing data from CF Benchmarks.
The federal agency is challenging Utah's actions against prediction market platform Kalshi, escalating a wider dispute over state and federal regulatory authority.
The callable debt deal, confirmed by Musk on X, comes as he predicts over 200 newer AI computing power providers will consolidate, with only a few surviving.