🔍Bitcoin Weakens Below 80000 Amid Macro Caution and Security Risks

Bitcoin has pulled back by roughly 4.1% over the past 24 hours to trade around 78,018, reflecting pronounced short-term selling pressure and defensive positioning. The inability to maintain levels above 80,000 indicates that buyers remain hesitant and momentum is weak, with market participants adopting a cautious stance ahead of the Federal Reserve rate decision and broader macro uncertainty. The news flow highlights a divergence between long-term institutional expansion and immediate operational headwinds. While structural developments like Ripple securing national bank approval from the OCC, Google Cloud introducing custody security, and spot ETF inflows offer underlying support, near-term risks are mounting. Rising corporate pushback against tokenized stocks, acute hardware wallet and exchange breaches, and treasury access issues at Datavault AI are amplifying perceived counterparty risks. The fact that price is declining despite significant regulatory banking wins confirms that macro caution and risk aversion are currently overriding structural milestones. - Short-term selling pressure and the decline below 80,000 point to defensive positioning ahead of the Fed rate decision. - Medium-term institutional and banking progress is currently overshadowed by operational security breaches and tokenization hurdles. - Market conviction is mixed, requiring portfolio discipline until post-FOMC direction and price stability are confirmed.

Polymarket suspended trading amid reports of user funds being drained

Polymarket suspended trading amid reports of user funds being drained

Prediction markets company Polymarket reported its Predictions Trading API had experienced a “major outage,” resulting in the platform temporarily halting trading.In a Thursday update to its status page, Polymarket said that the platform was in “cancel-only” mode after it had identified and fixed an…

Grayscale Says US Accounts for 15%-20% of Global Crypto Activity

Grayscale Says US Accounts for 15%-20% of Global Crypto Activity

The US accounts for about 15% to 20% of global cryptocurrency activity, according to an analysis. Its share of Bitcoin hash rate and Ethereum full nodes was estimated at 36% and 31%, respectively.Cointelegraph reported on October 29 that crypto asset manager Grayscale estimates the US makes up about…

Polymarket Links Trading Suspension to Third-Party Security Incident

Polymarket Links Trading Suspension to Third-Party Security Incident

Polymarket temporarily halted trading on its international platform after a third-party provider was compromised. The company said it had identified and fixed the issue, referred the incident to law enforcement and would compensate affected users. Trading was expected to resume around 3 p.m. ET on T…

Bitcoin Could Repeat Its SpaceX IPO Dump Ahead of Anthropic IPO, Analyst Warns

Bitcoin Could Repeat Its SpaceX IPO Dump Ahead of Anthropic IPO, Analyst Warns

Bitcoin is stalling for the same reason it did before the SpaceX IPO, analyst Benjamin Cowen says, pointing to capital rotating out of crypto ahead of Anthropic’s listing.Why Bitcoin Looks Like It’s Repeating the SpaceX PlaybookCowen said on the NFA Live podcast that Bitcoin’s current price action l…

Crypto markets slide as Bitcoin dips under $80K and Solana touches $95

Crypto markets slide as Bitcoin dips under $80K and Solana touches $95

Crypto had a rough hour. Amid unconfirmed suspicions of a Binance hack, the market dropped hard, and $590 million in long positions were wiped out in just sixty minutes.Bitcoin slipped beneath the $80,000 line, while Solana dipped to intraday lows near $95. Rumors moved prices first, and the facts a…

FalconX Backs $250M Credit Facility for Ibis as Crypto Lending Infrastructure Evolves

FalconX Backs $250M Credit Facility for Ibis as Crypto Lending Infrastructure Evolves

TL;DR: Onchain credit company Ibis emerged from stealth on October 28, announcing a $250 million credit facility with FalconX and a pre-seed funding round. For a crypto market accustomed to cycles of unsecured or poorly understood lending, the phrase institutional credit needs to be earned.Onchain c…

Stellar: MetaMask adds Stellar as a default network - 29 Oct 2026

Stellar: MetaMask adds Stellar as a default network - 29 Oct 2026

MetaMask adds Stellar as a default network on 29 Oct 2026. The wallet's 30 million users receive a Stellar address and native access to the Stellar ecosystem as part of the integration.The addition expands XLM's reach to everyday wallet users through MetaMask's existing user base. Stellar access bec…

Api3: Primary Proposal opens for voting on emissions cap and governance move - 29 Oct 2026

Api3: Primary Proposal opens for voting on emissions cap and governance move - 29 Oct 2026

Api3's Primary Proposal opens for voting on 29 Oct 2026, asking voters to end emissions at a supply cap of 200,000,000 API3. The proposal also calls for retiring the Aragon DAO and moving governance to Snapshot.A passing vote would permanently stop new token issuance. That would change API3's supply…

Sui: Mercado Bitcoin adds SUI trading - 29 Oct 2026

Sui: Mercado Bitcoin adds SUI trading - 29 Oct 2026

Mercado Bitcoin adds SUI trading on 29 October 2026, allowing its clients to buy and sell the token. The announced support also lets clients send and receive SUI through the exchange.The listing expands SUI's accessibility across Brazil through Mercado Bitcoin's existing base of 4.5 million clients.…

Crypto Liquidations Top $628 Million in an Hour as Binance Hack Fears Sink Bitcoin

Crypto Liquidations Top $628 Million in an Hour as Binance Hack Fears Sink Bitcoin

Crypto liquidations reached $627.7 million in a single hour late Thursday, $606.6 million of it on bets that prices would rise, Coinglass data shows. Bitcoin fell below $79,000 and Ethereum under $2,240 as traders reacted to an unexplained $2 billion outflow from Binance hot wallets.Binance says it …

Circle CEO says Closely Tracking Reports Of A Potential Exploit Involving Binance

Circle CEO says Closely Tracking Reports Of A Potential Exploit Involving Binance

CIRCLE : CLOSELY TRACKING REPORTS OF A POTENTIAL EXPLOIT INVOLVING BINANCECIRCLE CEO : WE HAVE FROZEN MORE THAN 800M USDC ASSOCIATED WITH THE INCIDENT AND WILL CONTINUE SUPPORTING THE INVESTIGATION

Live Updates: Binance says $2.54 billion frozen after hack

Live Updates: Binance says $2.54 billion frozen after hack

What we know about the Binance hack: Binance says the verified total frozen is $2.54 billion and could increase as investigators trace additional assets.An Arkham Intelligence tracker showed about $5.84 billion in assets across wallets linked to the hack. The final loss remains undetermined.Circle, …