Hedera’s price recovery (HBAR) faces a significant hurdle, as revealed by recent data from the derivatives market. Investor interest in HBAR futures has dropped dramatically, suggesting a lack of confidence in the asset’s short-term growth potential.
Author: chloe
The cryptocurrency market is closely watching the recent behavior of its main asset. Bitcoin’s price has undergone a significant correction in recent hours, bringing its price to critical levels. Currently, the Bitcoin price tests key support near $105,000, a move that has cooled optimism. According to industry analysis, this drop wiped out approximately $500 billion from the total market capitalization, sowing caution among participants.
California has taken the lead with Senate Bill 243, becoming the first U.S. state to regulate AI “companion” chatbots designed to emulate friendship or intimacy. The law requires these systems to clearly disclose their artificial nature and restrict sensitive conversations, particularly with minors. Its enactment reflects an attempt to tread carefully between technological innovation and user safety.
Smarter Web, a company whose shares trade on the London market, bought bitcoin worth twelve point one million dollars and now lists two thousand six hundred fifty bitcoin on its balance sheet. The move matters because a public company now holds more of a famously jumpy asset, potentially prompting big investors to rethink their views and the ease of trading it. Beyond those facts, details remain thin and the market is left waiting for clarity.
Kazakhstan has just launched a state-backed crypto fund—and its first purchase was not Bitcoin. Instead, it went for a token with utility, signaling a shift in how governments might manage digital reserves.
A recent technical analysis of XRP’s price action suggests that the asset is at a decisive point. According to chart data, the cryptocurrency is forming an XRP symmetrical triangle pattern, a formation that historically precedes a significant price movement. Analysts are closely watching for a potential bullish breakout that could boost the asset’s value by 35%.
Following a record-breaking liquidation, the crypto market is now closely watching Ethereum, BNB, and Zcash, three altcoins facing a high altcoins liquidation risk for the third week of October. Data from Coinglass shows that as traders become more cautious, these assets are exhibiting divergent trends that could trigger multimillion-dollar losses in leveraged positions. Market sentiment is currently divided between fear and optimism.
Cryptocurrency markets are showing initial signs of stabilization after a violent downturn that erased $500 billion in capitalization. According to analyst reports, this emerging movement is shaping expectations for a potential crypto market recovery in Q4, capturing the attention of the entire financial ecosystem. The rebound, although tentative, is already influencing investment strategies heading into the end of the year.
An influential quantitative trading firm announced the purchase of an additional 466 bitcoins, valued at $27.2 million. This acquisition strengthens its consistent Bitcoin accumulation strategy, bringing its total holdings to the impressive figure of 640,250 BTC. The news was confirmed by the firm itself through its official social media channels, detailing the operation.
Following a market crash that led to $19 billion in liquidations, the Ethereum layer-2 ecosystem has shown superior resilience. In this context, the native Mantle (MNT) token posted an impressive 31% rebound, positioning itself as one of the top performers among the 100 largest cryptocurrencies. This behavior, according to Jake Kennis, a senior analyst at the intelligence platform Nansen, is due to the momentum the project has gained, especially from its growing utility within the Bybit exchange ecosystem.