
Bitcoin Falls 34% From Year-Old All-Time High
Bitcoin is down 34% from its record peak reached a year ago, according to CNBC.
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Bitcoin is down 34% from its record peak reached a year ago, according to CNBC.

The total US rig count reached its highest level in over two years as oil drilling activity climbed.

GRAM has climbed 9% to $1.56 as Telegram rolls out broader access to Money, its non-custodial wallet for transfers and collectible purchases.

Bitcoin bounces back as oil prices retreat, while market participants eye upcoming November catalysts according to StreetInsider.

The Commodity Futures Trading Commission has published an interim final rule explicitly excluding casino-style gambling products from its swap definition.

The National Credit Union Administration has proposed 26 stablecoin account codes, extending GENIUS Act reporting to credit unions.

OKX has introduced crypto-backed flexible USDC loans in Europe, offering up to 250,000 USDC for regular clients and 3.25 million USDC for VIPs.

Technical co-founder Chad Barraford reported that Tether blacklisted several THORChain vaults before unfreezing them hours later.

NEAR has recorded an 83% price increase over a four-week span, outperforming both Bitcoin and Ether during the same timeframe, according to The Defiant.

Tanker attacks in the Strait of Hormuz have surged to a wartime high as Iran attempts to choke off oil exports, according to CNBC.

Offshore oil and gas operators in the US Gulf of Mexico have cut production by 63% as a hurricane approaches the region.

Cosmos Hub led broader digital asset gains with an 18.13% increase, alongside upward price movements for Bitcoin and Ether, according to Pluang.

Proposed safety checks on Ethereum could still permit certain bad trades to pass through, according to CryptoSlate.

A recent CoinShares report indicates that hedge funds reduced their Bitcoin holdings during the second quarter.

Daily pivot levels for ETH calculated from yesterday's high, low and close, with price at $2,485.

Traders are exploring Falcon Finance's high-yield stablecoin as an alternative to USDT and USDF.

According to StreetInsider, the XRP-associated company has entered into leveraged stock financing while Remittix focuses on direct payments.

A co-founder of mining pool F2Pool has placed a $19 million bet on Ether, according to Bitcoin News.

Iran and Houthi allies attacked Persian Gulf energy interests, injecting volatility into global crude and LNG prices.

HSBC and Ant Digital Technologies have tested a system enabling AI agents to make micropayments using tokenized bank deposits.

Ethereum liquidations hit $356 million, outpacing Bitcoin in a broader $1.19 billion cryptocurrency market selloff.

Hardware wallet maker Ledger is investigating reports that more than $86 million in cryptocurrency was stolen from wallets linked to devices sold by a Southeast Asian reseller.

Monthly spending through stablecoin-backed payment cards has reached $1 billion, according to data published by Visual Capitalist.

The Thailand Securities and Exchange Commission has cleared the way for local spot Bitcoin and Ether exchange-traded funds.