Crypto News

Let’s toddle over to the daily chart, shall we, where old Bitcoin (BTC) has pranced from $110,000 to a near $124,000 as if it owned the blooming place-which, in a manner of speaking, it jolly well does. That 12.6% leap came with a spot of volume vim, suggesting the bulls were in earnest. Yet, with the relative strength index (RSI) lounging at 69 and the Stochastic at a dizzy 91, overbought territory seems the coziest of armchairs. Sarcastic, isn’t it? 😂

On Oct. 4, WLFI confirmed that they directly transferred the tokens from their treasury to Hut 8. And no, they’re not “just tokens,” they’re part of Hut 8’s master plan for long-term crypto reserves. Because, obviously, that’s what everyone wants: more crypto reserves. 🏦

Enter the wonder that is Best Wallet Token ($BEST). It’s not just another crypto hype train; it’s the real deal, positioning itself as the clean, community-focused alternative to all the garbage floating around. And trust me, it’s exactly the kind of project you want in your portfolio.

This week, the crypto industry juggled more balls than a circus clown-dog that bit someone on the ankle, anyone? We had delays in Washington, bold moves in Asia, and fresh regulation squabbles that were juicier than grandma’s holiday fruitcake. Let’s dive into the chaos, shall we?

Draped in polished manners and holding a delicate teacup, Coinbase emphatically assures us-they have “no intention of becoming a bank,” utterly serious in their claim, as serious as a man wearing his grandmother’s bonnet on a Sunday stroll.

But wait, the real showstopper? The BlackRock iShares Bitcoin Trust (IBIT). It came, it saw, it conquered-$791.55 million of the day’s inflows! Talk about crypto dominance, folks. The entire ETF landscape could scarcely breathe without IBIT’s unrelenting march. 🤑

The Wallet app is poised to stir the frozen lake of stock trading into a cacophony of activity. With tokenized US stocks and ETFs riding the digital carriage, it’s like bringing the Stock Exchange to your Telegram channels-one for each stock enthusiast.

Naturally, a good number of investors – eager souls, I presume – have abandoned ship, whispering accusations of… shall we say, *imprudence*. But a few remain, clinging to the possibility of a resurgence in 2026. One can admire their tenacity, even if one privately suspects they’ve misplaced their sense of proportion.

The scrolls of ChartNerd, circulated heavily on the arcane realm of X, delineate a labyrinthine pattern that has been manifesting since the halcyon days of 2018. After ascending to an altitude of $3.84, akin to the peak of Holy Olympus, these digital riches were bound in chains within a geometrical snare, their wings clipped for nearly seven winters. But behold! The chains are shattered, and from mere $0.5 to a lofty $3.6, it surged as if driven by the spirit of a thousand rebellious waves this annum alone.

Glassnode, those learned gentlemen of the blockchain, have deigned to share their observations on X – a platform for fleeting thoughts and self-promotion, naturally. They speak of this so-called “Accumulation Trend Score,” a metric as prone to misinterpretation as the pronouncements of an oracle. It seems to measure who’s hoarding and who’s unloading, weighting the opinions of the wealthy, because, you know, money talks. 🙄