Key takeaways: Deep liquidity bids now cluster around $105,000-$100,000, signaling market stabilization. Over 90% of BTC supply remains profitable, confirming a leverage-driven, not panic, sell-off. A reclaim of $117,500 could flip the correction into a breakout rally. Bitcoin (BTC) is entering what analysts describe as a “clean-up phase,” as deep buy orders begin to cluster below the $105,000 level following a major deleveraging event. Trading resource Material Indicators said that order book data showed “strong sell pressure on BTC,” with limited technical support around $107,000. While that level might briefly hold, analysts observed that there might not be sufficient bid liquidity to sustain current levels.

Solmate Infrastructure (Nasdaq: SLMT) disclosed in a press release issued earlier today that it had purchased $50 million of SOL directly from the Solana Foundation at a 15% discount to market. The company said the tokens will be used to power bare-metal validators in Abu Dhabi, UAE as part of the Foundation’s “Solana By Design” program, and that the Foundation negotiated the right to nominate up to two directors to Solmate’s board. Solmate described the timing as a purchase “at market lows” during a major liquidation and framed the move as aligning its treasury with its infrastructure build-out.

JPMorgan Chase raised its full-year forecast for net interest income on Tuesday, after strong performance in its trading and investment banking businesses helped it beat expectations for third-quarter profit. Economic resilience despite tariff war risks and hopes of U.S. interest rate cuts have prompted companies to strike big deals and consider stock offerings, lifting investment banking business across Wall Street. Dealmakers expect an even stronger 2026. "While there have been some signs of a softening, particularly in job growth, the U.S. economy generally remained resilient," CEO Jamie Dimon said in a statement.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ostium Labs’ Market Outlook #55 argues that Bitcoin’s higher-timeframe bull structure survived last week’s volatility and now points “back to the highs,” provided spot holds above $107,000. “Whilst we trade above $107k, I think the next move is back to the highs, with $112k likely to act as local support,” the note states, adding that the firm still expects price to trade into “that confluence of overhead resistance at $133k by month-end.”

Deepak Ajwani of Economic Times asks IMF Economic Counsellor to explain Managing Director Kristalina Georgieva statement where she has urged nations to “buckle up”. As the global economy faces multiple shocks, Pierre Olivier Gourinchas explains the shocks further referring to COVID-19 impacts, rising living costs, trade tensions, and military conflicts. He emphasised the need for fiscal buffers, strong institutions, deeper trade partnerships, and private sector-led growth through technology adoption, workforce skilling, and innovation to strengthen economic resilience. Show more Show less Source link

UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be reproduced with just $800 of consumer hardware. Per WIRED, the team captured telco backhaul, industrial control traffic, and law-enforcement communications, and reported fixes to affected providers where possible. UCSD’s Systems and Networking group lists the paper “Don’t Look Up” for CCS 2025 in Taipei, reinforcing that this is not a lab curiosity but a documented, peer-reviewed disclosure pipeline. The method targets legacy satellite backhaul rather than any single application layer.

For almost as long as Bitcoin has been trading, Korea’s “kimchi premium” has been one of the market’s favorite ghost signals. When spot prices in South Korea climb faster than those in the US, traders interpret this as a sign of retail demand surging, capital trapped, and liquidity tilting East. When the spread collapses, the story flips: global appetite cooling, arbitrage exhausted, sentiment souring. Every few cycles, someone proclaims the premium dead. Then it flares up again. The kimchi premium (the difference between Bitcoin’s price on US and South Korean exchanges) has climbed to about 4%, while…

Wall Street's main indexes opened lower on Tuesday with renewed trade tensions between U.S. and China souring sentiment, while investors also parsed results from big U.S. banks that kicked off the third-quarter earnings season.The Dow Jones slipped 447.27 points or 0.97% to 45,620.31, the S&P 500 fell 81.28 points or 1.22% to 6,573.41, while the Nasdaq dropped 408.56 points or 1.80% to 22,286.04. Source link

Even as Donald Trump’s new wave of tariffs redraws the world’s trade map and clouds the global outlook, India remains one of the few bright spots in an otherwise slowing global economy. The IMF’s October 2025 World Economic Outlook (WEO) projects India’s growth at 6.6% in 2025, up from 6.5% in 2024, before moderating slightly to 6.2% in 2026, signalling continued domestic momentum despite rising trade barriers. By contrast, global output is expected to ease from 3.3% in 2024 to 3.2% in 2025 and 3.1% in 2026, as higher US tariffs slow trade and investment.

After years of decentralization debates, governance has emerged as the defining test of credibility for new crypto ecosystems. The collapse of loosely structured DAOs and the regulatory demand for verified accountability have pushed projects to design governance as code, not as a slogan. XRP Tundra’s glacial governance model answers that shift with precision — combining the transparency of the XRP Ledger with a dedicated Layer-2 execution network called GlacierChain. Built as a dual-chain DeFi ecosystem, XRP Tundra divides responsibility between two tokens: TUNDRA-S on Solana for yield and operations, and TUNDRA-X on the XRP Ledger for governance and reserves.

By Francisco Rodrigues (All times ET unless indicated otherwise) The crypto market staged a fragile recovery after a violent flash crash on Friday erased more than $500 billion in value and forced nearly $20 billion in liquidations across derivatives platforms. Bitcoin fell as much as 13% in an hour, bottoming near $102,000 before rebounding to now trade above $111,800. The broader market, as measured by the CoinDesk 20 (CD20) Index, climbed 11.8% from this week’s bottom, but dropped 3.5% in the last 24 hours to 3,727 points. It’s underperforming BTC, which dropped 2.8% in the same period.

The rupee depreciated 12 paise to revisit its all-time low of 88.80 (provisional) against the US dollar on Tuesday, weighed down by negative domestic equities and overnight gains in the American currency. Forex traders said foreign fund outflows amid a risk-off mode globally further dented investor sentiment. However, a decline in crude oil prices and reports of RBI intervention supported the local unit and restricted the slide. At the interbank foreign exchange, the rupee opened at 88.73 against the greenback and fell to an intraday low of 88.81 and a high of 88.73.

Friday’s record $19 billion crypto market liquidation event has left traders divided, with some accusing market makers of a coordinated sell-off while analysts pointed to a more natural deleveraging cycle. Friday’s flash crash saw open interest for perpetual futures on decentralized exchanges (DEXs) fall from $26 billion to below $14 billion, according to DefiLlama. Crypto lending protocol fees surged past $20 million on Friday, the highest daily total on record, while weekly DEX volumes climbed to more than $177 billion. The total borrowed across lending platforms also dropped below $60 billion for the first time since August.

U.S. spot bitcoin exchange-traded funds (ETFs) recorded their largest combined daily outflow since Sept. 26 on Monday, with $326.4 million exiting the market, according to Farside data. However, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF by assets on the market, bucked the broader trend by continuing to see inflows. Over the past two trading sessions, IBIT has recorded $134 million in new inflows, even as bitcoin’s price fell from $122,000 to $107,000. The fund has now logged 10 consecutive trading days of inflows. However, net inflows over the past two trading days were significantly smaller compared with the previous eight sessions, each of which saw at least $200 million in inflows.

Sri Lanka and New Zealand will meet in a Women’s ODI World Cup 2025 league stage match on Tuesday at the R. Premadasa Stadium in Colombo. The game is crucial for both sides as they aim to strengthen their position in the group stage. The Lankans have yet to win a match, while New Zealand come into this fixture on the back of their first win of the tournament. SL W vs NZ W prediction Sri Lanka still looking for first win: The Sri Lankan women’s team has yet to secure a win in the tournament.

Bitcoin fell below $112,000 during trading Tuesday afternoon Hong Kong time as China’s retaliatory trade measures sent a fresh wave of risk-off sentiment across global markets. Bloomberg reported earlier Tuesday that China sanctioned U.S. units of South Korean shipbuilder Hanwha Ocean in a move that reignited fears that the trade conflict with Washington could spiral, just days after both sides signaled restraint. Stocks in Asia tumbled, equity futures in the U.S. and Europe followed, and crypto traders were again forced to de-risk after a brief weekend bounce. Contracts tied to the S&P 500 dropped 0.7%, Nasdaq 100 futures lost 1%, and Japan’s Nikkei fell more than 3%, marking its worst session in nearly two months.

Listed realty developer Anant Raj has raised Rs 1,100 crore via qualified institutional placement (QIP) for expansion and development of projects, as per a filing with the stock exchanges. The company set the floor price at Rs 695.83 per share and issued shares at Rs 662.00 per share, reflecting a 4.86% discount. The top institutional investors participating in the QIP include Société Générale – ODI, BNP Paribas Financial Markets – ODI, Morgan Stanley Asia (Singapore) Pte., Jupiter India Fund, and Kotak Mahindra Life Insurance Company Ltd…

BNB is back near $1,300 after a sharp rebound, but the asset may not be done yet as one analyst thinks a run all the way to $2,400 is possible. BNB Has Been Rising Since Parallel Channel Breakout Much like the rest of the cryptocurrency sector, BNB suffered a price crash on Friday, but while the rest of the market has been unable to make a full recovery, the altcoin has already retraced to the pre-crash level, and surpassed it. Earlier on Monday, the coin even managed to set a new all-time high (ATH) above $1,370.

A record 48 teams are set to compete in the 2026 FIFA World Cup, which will be co-hosted by the United States, Mexico, and Canada. The tournament continues to take shape as more nations secure their places on football’s biggest stage. Cape Verde became the sixth African team to qualify - and a first-time participant in the World Cup. They join Algeria, Egypt, Ghana, Morocco, and Tunisia among the confirmed African representatives. In total, 43 nations will qualify through their respective continental tournaments, while two more spots will be decided in an intercontinental playoff involving six teams in March.

Aggressive selling near $2.66 resistance and a major Binance inflow signal short-term distribution while volume data show institutional dip-buying defending $2.55. News Background XRP’s rebound from Friday’s sub-$1.58 liquidation lows lost steam overnight as fresh whale activity hit exchanges. A single 23.9 M XRP transfer (≈ $63 M) to Binance coincided with selling pressure that erased early gains. The move came as open interest jumped 2.4 % to $1.36 B, suggesting leveraged positioning remains elevated even after the $32 B market-cap recovery that followed Trump’s tariff-driven crypto rout. Broader risk markets stabilized as trade-war rhetoric softened, but derivatives desks flagged renewed short build-ups near $2.65–$2.66.

Indian states will aim to raise an aggregate of 128 billion rupees ($1.44 billion) on Tuesday through the sale bonds maturing in four years to 30 years. The Reserve Bank of India will likely set cutoff yields for the 8-9 year bonds in the 7.12%-7.17% band, according to a Reuters poll of 11 traders. Note Quantum (in bln Median Min Max rupees) 4-year 10 6.61%-6.63% 6.54% 6.71% 8-9 years 35 7.12%-7.17% 7.05% 7.20% Live Events 11-year 10 7.20%-7.23% 7.17% 7.26% 16-30 years 73 7.29%-7.35% 7.25% 7.45% ($1 = 88.7700 Indian rupees).

Geosynchronous (GEO) satellites, which send internet and phone data to places where regular cables can’t reach, are broadcasting sensitive data that anyone with about $600 worth of equipment can intercept, a team of researchers has found.  A team of six academics from the University of Maryland and the University of California stated in a paper published on Monday that a “shockingly large amount of sensitive traffic” is being broadcast unencrypted across the satellite network in plaintext.  This includes cellular communication encryption keys, citizens’ SMS and even traffic for military systems and critical infrastructure. 

Australia wicketkeeper Josh Inglis and leg-spinner Adam Zampa will miss the first ODI against India to be played in Perth on Sunday due to injury and family reasons respectively, according to a report. India will play a three-match ODI series against Australia, to be followed by a five-match T20I contest. The next two ODIs are scheduled in Adelaide (October 23) and Sydney (October 25). The 30-year-old Inglis will continue his recovery from a calf injury which saw him miss the T20 tour against Trans-Tasman rivals New Zealand earlier this month.

In a market shaken by liquidations and fear, one chart pattern on Dogecoin’s higher time frame continues to whisper a story most traders seem to be missing. According to crypto analyst Cantonese Cat, the monthly DOGE structure still forms the handle of a larger cup-and-handle formation that has been developing since 2021. Dogecoin Cup and Handle Still Targets $2 Despite Friday’s sharp crash across altcoins, the analyst argues there’s “no technical damage.” His chart shows that the handle wick retraced as far as the 0.382 logarithmic Fibonacci level before rebounding to hold the 0.618 retracement as support, preserving the symmetry of the broader bullish setup that points toward the long-discussed $2 extension zone.

Crypto markets absorbed approximately $19 billion to $20 billion in forced liquidations within 24 hours on Oct. 10, marking the largest single-day deleveraging event on record. Hyperliquid processed more than $10 billion, while Binance accounted for roughly $2.4 billion. Altcoins bore the brunt of selling pressure while Bitcoin’s drawdown remained comparatively contained. Bitwise portfolio manager Jonathan Man calculated that about $65 billion of futures open interest (OI) disappeared across venues during the cascade, resetting positioning to levels last observed in July. The washout concentrated offshore, as Hyperliquid and Bybit…