Peter Schiff defends stablecoin issuers against JPMorgan CEO Jamie Dimon’s call for bank-like regulations, arguing they don’t engage in risky loans. Schiff’s stance aligns with ongoing discussions around the CLARITY Act. #Update #Crypto $USDC
Major cryptocurrencies, including $BTC, $ETH, and $XRP, retreated from overnight highs as rising tensions between Iran and Israel coupled with a 3% oil price surge heightened risk aversion in Asian markets. #Update #Crypto $BTC
Bitcoin price recovers above $62,500, eyeing gains if it surpasses $64,500 resistance; trading above the 100 hourly SMA. Immediate support at $62,800. #Update #Crypto $BTC
@HTX_Global delisted the Trump family’s USD1 stablecoin after World Liberty Financial froze its addresses, citing sanctions compliance. Users’ holdings will convert to $USDT at a 1:1 ratio. #Update #Crypto $USDT
BitMEX CEO highlights Oct. 10 crypto crash as a stress test for exchange resilience, emphasizing regulation’s role in market consolidation amid structural fragmentation. #Update #Crypto
Dogecoin ($DOGE) rebounds above $0.0820 but faces resistance near $0.090, with potential declines if it fails to break this level. #Update #Crypto $DOGE
Bitcoin retraced under $63K amid renewed geopolitical tensions as Israel launched strikes in Iran, despite President Trump’s call for restraint. $BTC is trading at $62,990. #Update #Crypto $BTC
Grayscale warns @MicroStrategy’s ability to buy more $BTC is limited due to weak share prices and dividend pressures, increasing market volatility. #Update #Crypto $BTC
XRP price climbs off recent lows with fresh upside momentum, reflecting renewed investor interest and potential market recovery. #Update #Crypto $XRP
1,878 BTC moved from a wallet linked to Noah Doe’s claim, weakening his $293B lawsuit as reactivated wallets challenge abandonment theory. #Breaking #Legal
Ethereum price recovers above $1,600, consolidating near $1,620. A breakout above $1,750 may trigger a rally; failure could lead to decline. #Update #Crypto $ETH
Ripple’s XRP Ledger expands beyond payments to support tokenized assets, securities, funds, and loans, enhancing its financial market utility. #Update #Crypto $XRP
Matthew Cole, CEO of Strive Asset Management, supports abolishing Bitcoin capital gains tax in the U.S., aiming to enhance Bitcoin usage for transactions. Strive recently acquired $185 million in Bitcoin. #Update #Crypto $BTC
Bitcoin stabilizes around $60,000 as analyst Ali Martinez highlights a potential bullish reversal due to the Bitcoin Supply In Loss metric crossing 10.46 million BTC. #Update #Crypto $BTC
