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Source-backed coverage

CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  1. BITCOINCoinDesk

    Bitcoin's $16 billion quarterly options settlement arrives with a 'call-heavy' book

    According to CoinDesk, Bitcoin's upcoming $16 billion quarterly options expiry could lead to increased volatility and the removal of some buying pressures, particularly dealer hedging that previously contributed to upward movement. Over half of the $9.4 billion in expiring call options are currently in the money, especially around the $70,000 strike price, with a concentration of open interest at the $85,000, $90,000, $95,000, and $100,000 calls. The maximum pain point for option buyers is at $75,000, which is below the current spot price of approximately $85,500. The expiry is expected to reset the trading range for Bitcoin's spot price and potentially increase short-term volatility as dealer hedging effects diminish post-settlement.

  2. BITCOINCoinDesk

    Live updates: Bitcoin pulls back to $84,000 as bond yields fly higher

    Bitcoin Cash experienced a significant 28% increase to nearly $349 following CME Group's announcement that it will list Bitcoin Cash futures starting October 19, providing institutional investors a new hedging venue. Bitcoin itself is trading around $85,800, down slightly over 24 hours after reaching a high of nearly $87,300, while other altcoins such as ZEC and XRP have risen 9% and 3%, respectively. An analyst from FxPro noted that optimism in the altcoin market suggests a temporary shift of speculative capital from Bitcoin into altcoins, although previous pullbacks in Bitcoin have attracted new buyers. Bitcoin Cash's price has only recovered to levels last seen in late May, after a reversal near $660 in January and a decline to $190 earlier this year, with the potential for further gains if buying interest continues.

  3. ALLCointelegraph

    Raiffeisen to offer crypto trading across 11 European markets via Bitpanda

    Raiffeisen Bank International (RBI), an Austrian banking group, is expanding its cryptocurrency services through a partnership with Bitpanda, which will provide digital asset infrastructure across RBI’s network of banks in Central and Eastern Europe. The collaboration aims to potentially serve around 18 million customers, with individual banks determining their offerings based on local market and regulatory requirements, according to the joint announcement. Bitpanda’s co-CEO mentioned that the rollout remains at an early stage and will proceed gradually. The partnership builds on a prior crypto integration launched with Raiffeisenlandesbank Niederösterreich-Wien in 2024, and Bitpanda is authorized under the EU’s Markets in Crypto-Assets Regulation (MiCA).

  4. BITCOINCoinDesk

    Coinbase users can now borrow USDC against bitcoin at a fixed rate

    Coinbase has introduced fixed-rate loans allowing users to borrow USDC against their bitcoin holdings, with the interest rate and repayment date established at the start of the loan, according to CoinDesk. The loans are processed on Morpho Midnight, a non-custodial decentralized lending protocol, and settle on Coinbase’s Ethereum layer 2 network, Base. This development expands Coinbase's lending options beyond its existing variable-rate loans, which are backed by nearly $3 billion in collateral and over $1.4 billion in active loans. Fixed-rate bitcoin-backed loans are not new in the market, but Coinbase’s implementation is notable for operating on-chain through a DeFi application within a mainstream platform.

  5. ALTCOINSCoinDesk

    Solana starts testing upgrade that could cut finality from 12.8 seconds to 150 milliseconds

    Solana has begun testing its Alpenglow upgrade on its public test network, which aims to reduce transaction finality from approximately 13 seconds to 150 milliseconds, according to CoinDesk. The upgrade replaces Solana's current TowerBFT consensus system with a new voting protocol called Votor that allows validators to finalize blocks after one or two rounds of voting, without requiring users to change how they send funds. The testnet migration requires the use of Agave 4.3 software and temporarily does not support Firedancer or Frankendancer, two alternative validator programs. A mainnet update, tentatively scheduled for September 28, is not yet confirmed as the official launch date.

  6. ALLCointelegraph

    AI Could Drive Crypto Demand, Black

    BlackRock says AI agents could drive demand for stablecoins and programmable payment rails, while tokenized computing capacity could create another opportunity for digital assets.