Author: John Smith

Executives from World Liberty Financial (WLFI) laid out plans to extend USD1 stablecoin payments to major online businesses during a panel at Token2049 in Singapore on Wednesday. The discussion brought together WLFI CEO Zach Witkoff, co-founder Zak Folkman, and Bam Azizi, co-founder and CEO of payment infrastructure provider Mesh. During the panel, Azizi revealed a new partnership between Mesh and WLFI that would let holders of USD1 spend the stablecoin directly across Mesh’s merchant network. The companies are targeting a rollout sometime this quarter. Folkman described the partnership as just one piece of a larger push. “Beyond the use of…

Bitcoin has reclaimed $81,000 after U.S. President Donald Trump ruled out attacks on Iran before the Nov. 3 midterm elections, while oil prices have retreated following his statement. Summary Bitcoin recovered above $81,000 following Trump’s statement, according to TradingView data cited in the report. Trump said discussions with Iran were productive, while maintaining the U.S. blockade. Polymarket traders assigned a 60% chance to the ceasefire lasting through Nov. 15. Iran’s foreign minister said Tehran would respond to Washington’s proposal within the next few days. President Donald Trump said in an Oct. 8 Truth Social post that Washington was holding productive…

DOT price has fallen toward $1 as Polkadot launches its native dotUSD stablecoin, with daily support under pressure and a rounded top forming on the 4-hour chart. Summary DOT price traded near $1.03, with Binance’s daily chart showing a decline of roughly 7.6%. Daily Fibonacci support sits at $1.017, followed by $0.949 if selling continues. The 4-hour chart shows a rounded top above a horizontal floor near $0.936. dotUSD starts with USDT backing, while DOT-backed borrowing remains part of a later rollout. TradingView’s Binance DOT/USDT daily chart showed Polkadot trading at $1.032 on Oct. 8, after reaching a session high…

Pi Network price has slipped below $0.0800 as negative daily momentum puts the lower edge of a proposed double-bottom formation under pressure. Summary Pi Network price is near $0.0785, with the weekly chart showing a decline of roughly 10%. Daily Supertrend resistance stood at $0.09267, while MACD remained below zero. Weekly Bollinger Bands placed the midpoint at $0.10151 and the lower band at $0.06030. An analyst’s potential double-bottom setup depends on support holding between $0.075 and $0.080. TradingView’s OKX PI/USDT daily chart showed Pi Network trading at $0.07856 on Oct. 8, down 2.96% for the session. The token touched a…

Jupiter price has gained more than 50% over the past month, but resistance near $0.38–$0.40 stands between its recent recovery and a further October advance. Summary Jupiter price gained roughly 51% over the month, trading near $0.37 on Oct. 8. Daily price held above the 20-day, 50-day, 100-day and 200-day moving averages. Weekly ADX reached 29.43, while daily RSI approached the overbought threshold at 68.88. Analyst Nehal identified $0.69 as a conditional breakout target, without setting an October deadline. MetaMask’s Oct. 8 market data put Jupiter at $0.3673, up approximately 51.37% from $0.2427 a month earlier. The same snapshot recorded…

The U.S. government has moved roughly 9,261 Bitcoin worth $770 million to Coinbase Prime over two days, including thousands of coins linked to criminal seizures and 2,456 BTC from wallets not previously identified as government holdings. Summary 9,261 Bitcoin moved to Coinbase Prime across two days, totaling roughly $770 million in transferred value. Nearly half came from Bitfinex hack recoveries, while 2,456 Bitcoin lacked prior government attribution labels. Coinbase Prime provides custody and trading, so transfers alone do not prove government selling activity. Trump’s reserve order bars sales of reserve Bitcoin but legally allows court-ordered and victim-related transfers. Galaxy estimates…

BitMine bought Ether every week for more than 15 months, building a treasury of about 6.02 million ETH. Chairman Tom Lee now says the company is close to its target of holding 5% of the network’s supply and will stop accumulating beyond it. A major recurring buyer may leave the spot market, while its large staked position continues to earn rewards. Neither event, by itself, establishes where Ether’s price will go. Summary BitMine held 6,016,414 ETH as of October 4, approximately 4.9% of the 122.1 million supply it used in its company update. The company bought 15,112 ETH in the…

Ethereum Foundation researcher Justin Drake has urged crypto holders to prepare for a possible AI-assisted break of ECDSA, warning on Oct. 7 that a worst-case failure could arrive “in months not years” before quantum computers pose the expected threat. Summary Justin Drake urged crypto holders to plan moves toward fresh addresses with unexposed public keys. Vitalik Buterin backed taking AI cryptography risks seriously but warned users against rushing wallet migrations. Ethereum already has a dedicated post-quantum team targeting core quantum-resistant infrastructure around 2029 for completion. NIST standardized hash-based SLH-DSA in 2024, providing an established post-quantum signature option for digital systems.…

Hyperliquid Labs has completed the seven-day unstaking of 3.75 million HYPE worth roughly $330 million, allowing tokens tied to a private institutional deal to begin moving across wallets. Summary Hyperliquid Labs completed unstaking 3.75 million HYPE earmarked for an institutional over-the-counter transaction this week. Onchain Lens tracked 1.875 million HYPE moving through five wallets, each receiving 375,000 tokens initially. Newer on-chain tracking shows 1.25 million HYPE was restaked after the distribution began on Wednesday. HYPE trades at $87.07, down 4.32% daily and 2.10% over seven days, CoinGecko data shows. Hyperliquid Strategies CEO David Schamis denied his company bought the 3.75-million-HYPE…

Samsung Electronics has announced plans to introduce USDC stablecoin transfers through Samsung Wallet in late October, allowing eligible Galaxy users in the United States to send money to crypto wallets and bank accounts overseas. Summary Samsung Wallet will introduce USDC transfers in late October, with the service available across 82 million US Galaxy devices. Eligible users will be able to send USDC to compatible crypto wallets without Samsung transfer fees and to qualifying bank accounts in more than 60 countries. Coinbase Prime will custody the USDC through Bastion, while Solana and Sui will provide blockchain infrastructure support. Samsung is considering…