Australia moves to close crypto derivatives loophole after retail traders lose A$458 million
BTC falls below $83,000, down 0.53% intraday
Circle burns approximately 135 million USDC on the Ethereum network
134,607,973 $USDC (134,659,124 USD) burned at USDC Treasury...
UK Court Determines Chinese Law Applies to Bitcoin Claims
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167,937,731 $USDC (168,106,508 USD) minted at USDC Treasury...
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6/ A working drivechain ecosystem on eCash would make a strong case for activating drivechains on
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Sui Adds Quantum-Resistant Signature Support to Devnet
134,607,973 $USDC (134,743,254 USD) transferred from USDC Treasury to unknown...
5/ Seven drivechains are set to go live with mainnet, targeted for Oct 31:Truthcoin: prediction
Polkadot (DOT) History and Launch Date: From the 2017 ICO…
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U.S. SEC Revises Quorum Rules, Impacting Cryptocurrency Regulation
100,000,000 $USDC (100,034,000 USD) minted at unknown wallet...
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USDC Achieves $81.2 Billion in Decentralized Exchange Trading Volume
4/ drivechain design carries real risks while network is still young.Anyone with a hashrate
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30,021 $ETH (75,575,184 USD) transferred from Coinbase Institutional to unknown new...
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3/ eCash activates BIP 300 and BIP 301, drivechain design first proposed in 2015.Drivechains
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22,277 $ETH (56,105,861 USD) transferred from unknown wallet to Coinbase Institutional...
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2/ Bitcoin’s base layer has effectively ossified.Its last soft fork activated in late 2021, and any
Trezor Slashes Reseller Network After $93M Ledger Security Scare
Crypto Spot Trading Volume Reaches $696.7 Billion in September 2026
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250,000,000 $USDC (250,150,750 USD) minted at USDC Treasury...
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113,200,000 $USDT (113,172,096 USD) transferred from unknown wallet to #Bitfinex...
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Bitcoin Price Stabilizes Near $88,000 Amid Reduced Selling Pressure
Bitcoin's price has recently stabilized near $88,000 as selling pressure from long-term holders appears to be diminishing. Investors who purchased Bitcoin one to two years ago took the opportunity to cash out as prices approached this level, contributing to a significant sell-off. On-chain data from Glassnode indicates that these long-term holders, who typically endure market volatility, recorded their highest daily selling volumes of the year in early October 2026 as Bitcoin neared resistance levels between $85,000 and $87,000.
The market experienced a notable dip, with Bitcoin trading between $83,000 and $87,000 before slipping below $85,000. This decline was accompanied by over $2.4 billion in long liquidations, affecting traders who had borrowed funds to speculate on rising prices. Despite this leverage flush, analysts suggest that the broader market structure remains intact, with buyers stepping in around $81,000 to $82,000, creating a support cluster in that range.
Looking ahead, QCP Capital forecasts that Bitcoin will likely trade within a range of $80,000 to $90,000 for the fourth quarter of 2026. They anticipate accumulation around $80,000 to $82,000, while resistance is expected near $88,000 to $90,000. The future trajectory of Bitcoin's price will depend on macroeconomic factors, including the upcoming Consumer Price Index report and shifts in demand for Bitcoin exchange-traded funds (ETFs).
Source: KLEA News