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crypto.news

Bitcoin risks another leverage shakeout if US CPI runs hot, analysts warn

Bitcoin has remained exposed to another inflation-driven selloff, analysts have warned, after an $811 million crypto liquidation wave left market-wide open interest down only about 2% at $140.9 billion in their pre-CPI assessment. Ryan Lee, chief analyst at Bitget Research,…

crypto.news

Stablecoin cards win users on FX savings, not rewards: Wirex CEO

Wirex CEO Pavel Matveev has identified currency conversion savings of up to 2% as a stronger reason for using stablecoin cards than cashback, citing average purchases of about $95 and roughly 12 monthly transactions per active user. Pavel Matveev, Wirex’s…

crypto.news

Bitcoin price loses $82,000 after hot CPI: Can $80,000 support hold?

Bitcoin price has fallen below $82,000 following a hotter-than-expected U.S. inflation report, while its daily chart still places the Supertrend support line below the market near $79,664. TradingView’s Binance BTC/USDT daily chart showed Bitcoin at $81,830.60 on Oct. 14, down…

crypto.news

Ripple partners with DriveWealth for RLUSD settlement and global payments

Ripple has partnered with DriveWealth to introduce RLUSD settlement and cross-border payments across a brokerage network serving more than 100 global partners, with European settlement integration preceding a planned U.S. expansion. Ripple announced the agreement on Oct. 14, describing a…