Crypto liquidations hit $550M as Bitcoin price dips below $84K
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid.
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Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid.
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed tokens.
CoinDesk · Oct 7, 2026
Bitcoin ETFs returned to net inflows with $119 million on Tuesday despite falling prices, while Ether funds reached a six-session outflow streak totaling $408 million.
Unveiled at TOKEN2049 Singapore, the Morpho-powered Crypto Loan feature lets users borrow stablecoins against wrapped Bitcoin while keeping private keys and final approval on their hardware device.
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting Block Wednesday.
Tom Lee said BitMine will not accumulate Ether past 5% of the supply, turning the company’s target into a ceiling.
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.
Cointelegraph · Oct 7, 2026
Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.
Prosecutors say a recent Bitcoin Fog appeals court ruling supports their argument that Tornado Cash activity in Manhattan was enough to establish venue for parts of Roman Storm’s case in New York.
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham.
Gold recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million, though Bitcoin remained far ahead.
The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into the asset itself.
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.
Trading on the platform has largely been suspended since June as its operator awaited MiCA authorization, with the company now looking to regulated partners to restart services.
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.
Cointelegraph · Oct 7, 2026
Google's new image model, Nano Banana 2.1, is live. It costs about half as much as its predecessor, but the performance claims come from Google's own tests.
Decrypt · Oct 6, 2026
Nothing in Circle's posts announces a sponsorship, but replies dug up Khaled's 2018 SEC settlement over a crypto fraud he promoted. The internet never forgets.
Decrypt · Oct 6, 2026