Bitcoin News page 14

The bank's forecast jumped 38% as analysts point to roughly $5 billion in expected inflows. Bitcoin changed hands near $85,000 on Wednesday as Citi revised its price target upward to $113,000. The new figure marks a 38% increase from the bank's previous projection, according to reporting from Cryptonews.com and The Cryptonomist.

Community governance vote funds past bug-fix work while the privacy coin's price stays steady near the $1,400 mark. Zcash holders have approved retroactive grants totaling approximately $8.39 million, according to reports from crypto.news and The Cryptonomist. The funding is tied to compensation for work related to a bug fix within the network's ecosystem.

Spot Bitcoin exchange-traded funds saw strong inflows over the third quarter, coinciding with a sharp rise in the token's price. Spot Bitcoin exchange-traded funds recorded substantial net inflows during the third quarter, with figures reported at either $6 billion or $6.3 billion depending on the source.

A brief bounce tied to softer inflation data lost steam when bond yields failed to retreat. Bitcoin touched $85,500 in the wake of a softer inflation print, according to CoinDesk, before the move reversed. The initial pop came after data pointed to easing price pressures, a reading traders typically interpret as supportive for riskier assets…

A new policy paper argues an opaque MSCI review process could force index funds to dump shares of bitcoin treasury companies. The Bitcoin Policy Institute, a Washington-based research group focused on digital asset policy, has released a paper examining a rule under review at MSCI.

The exchange reports growing Bitcoin and Ethereum holdings even as USDT reserves fall 11%. Bybit has released its 40th proof-of-reserves report, marking another milestone in the exchange's ongoing transparency effort. The report shows total covered assets reaching $19.6 billion, according to figures disclosed by the exchange.

The bank's research division becomes one of the first major traditional finance institutions to publish a long-term price target on the Ethena token. Standard Chartered has started research coverage of Ethena, according to reports from CryptoBriefing and crypto.news.

Reports point to a long-idle Bitcoin address stirring, alongside broader wallet movements exceeding $100 million after years of silence. A Bitcoin wallet that had sat untouched for around 15 years has reportedly sprung back into activity, according to industry news coverage published this week.

The crypto exchange is reportedly building a feature that lets app users open virtual Pokémon packs tied to real, physically held cards. Coinbase is reportedly preparing a new feature that would let users pull digital Pokémon cards through its app, with each pull tied to a real, physically stored card.

Large ZEC holders appear to be absorbing sell-side flow, according to a new market report from AMBCrypto. Zcash, the privacy-focused cryptocurrency known by its ticker ZEC, is drawing renewed attention from market watchers. AMBCrypto reported on September 30 that whale accumulation appears to be countering selling pressure on the asset.

A bullish indicator hit 90 out of 100 even as traders showed signs of pulling back and analysts flagged a key support level near $80,000. Bitcoin's recent upward move appears to be losing steam, according to market data cited this week.

What circulated instead were a reported funding round, a payments integration and a securities-depository partnership, each resting on a different weight of sourcing than the day's rhetoric suggests. What circulated instead were a reported funding round, a payments integration and a securities-depository partnership, each resting on a different weight of sourcing than the day's rhetoric…

The new fund includes staking rewards and comes with a long-term 2030 price projection from Bitwise. Bitwise has introduced the first U.S. spot exchange-traded fund built around NEAR Protocol's native token, according to reporting from TronWeekly, BeInCrypto, and Crypto News Australia.

CryptoBriefing and crypto.news agree on the product's structure but disagree on whether Robinhood's 10x leveraged crypto perpetuals have actually launched for US users. CryptoBriefing and crypto.news agree on the product's structure but disagree on whether Robinhood's 10x leveraged crypto perpetuals have actually launched for US users.

State regulators outline how digital asset trades, decentralized finance activity, and stablecoin transfers would be treated under tax law. Illinois officials have drafted rules intended to bring cryptocurrency transactions under the state’s tax framework. CryptoBriefing reported the development, describing it as an effort to formalize how digital asset activity should be taxed within the state.

The deal ties blockchain infrastructure to a national asset registry valued at roughly BRL 22 trillion. Ripple has entered into a partnership with CSD BR, a central securities depository in Brazil, according to reporting from Bitcoin.com News and CryptoBriefing. The agreement will see securities records mirrored on the XRP Ledger, Ripple's public blockchain network.

BitMEX co-founder's bullish call contrasts with more cautious near-term price discussion elsewhere in crypto media. Arthur Hayes, the former chief executive of derivatives exchange BitMEX and a well-known commentator on macro and crypto markets, has said Ethereum's price could rally to $5,000. The comment was reported by crypto.news on September 28.

The Central American nation partners with Coinbase's payment infrastructure to move money home for a flat $2 fee. El Salvador has introduced a remittance application that settles transactions in stablecoins for a flat fee of $2, according to reporting from Unchained.