BTC

Bitcoin

A consortium of global banks is testing blockchain-based stablecoins pegged to G7 currencies, signaling a coordinated move toward digital money under institutional control. The group includes Bank of America, Citi, Deutsche Bank, Goldman Sachs, UBS, Santander, and BNP Paribas. An...

Bitcoin has dropped below the crucial $122,000 support level, triggering renewed concerns about a potential 10% correction. This shift in price comes after weeks of strong momentum, and now puts investors on edge as volatility returns to the market. In moments like these—when attention spikes and narratives shift—timing and visibility are critical. That is why data-driven agencies like Outset PR track not only token movements but also media momentum. Through Outset Data Pulse , they provide timely highlights on the crypto media performance, thus making PR campaigns more efficient. Bitcoin's Steady Climb Sparks Hope for New Highs Source: tradingview Bitcoin is currently trading between approximately $114,810 and $128,022. Its price is on the rise, showing a 9% increase over the past month. Investors are keeping a close watch as it approaches a significant resistance level of around $133,042. With the current trend, there's potential for Bitcoin to surge even further. If it breaks past the first resistance, it may aim for a second level near $146,254. This would mean a roughly 14% jump from its current range. The 6-month change of 42.4% shows a robust growth pattern. The market sentiment appears balanced, suggesting it could keep climbing if positive trends continue. How Outset PR Optimizes PR Budgets and Delivers Tangible Results The purpose of any PR campaign is to boost brand visibility. Traditionally, this has meant securing as many publications as possible, often with unpredictable outcomes. It was difficult to know how many readers would actually see a story, leaving much of PR to guesswork. Actually, it had been guesswork until analysts of Outset PR developed Syndication Map —a proprietary tool that identifies which outlets attract the most traffic and where a story is likely to achieve the strongest syndication lift. Senior Media Analyst Maximilian Fondé explains: If a company needs a top list article, we filter the table for media that publish this format, cross-check costs and placement conditions, and know within minutes which outlets to pitch. Over time, that builds into a comprehensive database of crypto-friendly publishers – something other players in the industry don't have right now. Smarter Campaigns, Lower Costs Campaigns built with Syndication Map are not about mass reach for its own sake. They are carefully crafted to serve specific goals. By narrowing the focus to the most effective outlets, Outset PR reduces unnecessary spending on low-impact publications. Another key factor is communication. Outset PR’s dedicated Media Relations team, led by Anastasia Anisimova , has earned the trust of leading outlets through professionalism and genuine relationships. Sincerity and friendliness are our core principles, earning us the trust of numerous media outlets. Unfortunately, not all agencies in our industry prioritize friendliness in their communications. Extended Reach Through Syndication Outset PR campaigns also achieve more visibility than clients initially pay for. Articles are frequently republished across aggregators and platforms such as CoinMarketCap and Binance Square, extending exposure far beyond the original placement. Well-placed articles can achieve up to ten times the outreach of the original post. The case of StealthEX demonstrates this effect clearly: targeted tier-1 pitching led to 92 republications across outlets including CoinMarketCap, Binance Square, and Yahoo Finance, generating a total outreach of over 3 billion. Outset PR Sets a New Standard Pitching to a major outlet like Cointelegraph still has value, but syndication often delivers far greater reach at a lower cost. Outset PR has mastered this strategy, combining proprietary tools, strong media relations, and syndication opportunities to deliver results backed by numbers. Ready to make your budget work smarter? Discover how targeted campaigns deliver verifiable results. 👉 Reach out to Outset PR Conclusion As Bitcoin slips below the $120K mark, the market faces a moment of recalibration. If support fails to hold, a 10% correction is well within the realm of possibility. At the same time, this volatility creates new opportunities—for altcoins, narratives, and visibility. In these moments, when markets lose clarity, projects need more than exposure. They need strategic media presence, calibrated to market timing. That’s where Outset PR excels—by making sure projects are seen not just when times are good, but when attention is highest. You can find more information about Outset PR here: Website: outsetpr.io Telegram: t.me/outsetpr X: x.com/OutsetPR Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin exchange-traded funds (ETFs) notched their ninth straight day of inflows with $198 million, led by Blackrock’s IBIT, while Ether ETFs ended their eight-day streak with $8.5 million in outflows. Ether ETFs See $8.5 Million Exit as Bitcoin ETFs Add $198 Million After eight days of synchronized gains, the tides shifted in crypto ETF flows.

Long traders absorbed the bulk of losses at roughly $450 million, while short liquidations totaled about $40 million.

Roger Ver, the early Bitcoin promoter often called “Bitcoin Jesus,” has reached what reports describe as a tentative deal to resolve a US criminal tax case by paying about $48 million. According to prosecutors, the payment would settle alleged tax shortfalls tied to his cryptocurrency holdings from 2014 through 2017. The agreement is not yet final and must be approved by a federal court. Settlement Details And Court Review Based on reports , the deal is structured as a deferred-prosecution agreement. That means charges could be dropped if Ver meets the terms laid out by prosecutors and the court. The agreement has not been filed with the judge, and legal observers say the judge could change parts of it or reject it. Extradition and earlier arrest actions remain part of the case’s public record. Ver was arrested in Spain after the indictment was unsealed in April 2024 and US authorities later sought his transfer. According to The New York Times, Roger Ver, known as “Bitcoin Jesus,” has agreed to pay $48 million under a deferred prosecution deal with the U.S. Department of Justice to settle a tax evasion case. He reportedly paid $600,000 to Trump ally Roger Stone and hired lawyers and… — Wu Blockchain (@WuBlockchain) October 9, 2025 Allegations And Asset Valuation According to court filings and public statements by the Department of Justice, prosecutors say “Bitcoin Jesus” and companies tied to him held roughly 131,000 BTC at the time he left the US in 2014. That stash was valued at about $114 million in the filings, prosecutors say, and they applied rules about expatriation that treat assets as if they were sold the day before someone renounces citizenship. The government’s math led to an asserted tax liability of roughly $48 million for the years in question. Charges in the case include tax-related counts and mail fraud, based on accusations that Ver underreported personal holdings and downplayed distributions from firms he controlled. Those charges remain on the public docket until any court signs off on a final settlement. Bitcoin Jesus: Legal Team And Political Links Reports have disclosed that Ver hired lawyers with ties to high-profile Bitcoin and political figures. Media outlets also say he paid $600,000 to Trump ally Roger Stone as part of lobbying efforts, and those payments have drawn attention from commentators on both sides of the political aisle. Some observers are watching whether political connections affect how crypto enforcement is handled under US President Donald Trump’s administration, while others urge caution and point to the need for legal facts to guide any conclusion. Featured image from Pexels, chart from TradingView

Crypto trader predicts Dogecoin rise as Bitcoin makes strides in market

An OG crypto investor who surfaced two months ago with about $11 billion worth of Bitcoin has opened almost $900 million in short positions against Bitcoin and Ether. The whale has bet on a market correction even after optimism for the so-called Uptober. According to blockchain data platform Onchain Lens, the whale returned to trading on Thursday with a $360 million Bitcoin transfer attracting attention from other crypto investors. On Friday, the whale opened a $600 million short position on Bitcoin and a leveraged short worth over $300 million on Ether. Crypto traders join the OG whale to predict a short-term decline Here’s where it gets even wilder: the whale opened an 8x leveraged short position on Bitcoin on the decentralized exchange Hyperliquid. The massive short bets signal the whale’s confidence in an incoming correction. The #Bitcoin OG has increased his short position on $BTC and also increased the leverage from 6x to 8x. Stats: – Amount: 5,000 $BTC – Value: $604M – Entry Price: $120,761.6 – Liq Price: $133,760 https://t.co/eKDdehnqZ1 https://t.co/IRBHcqvw4N pic.twitter.com/jhGr0ysRjI — Onchain Lens (@OnchainLens) October 10, 2025 However, the thesis stands to be invalidated if Bitcoin’s price rises above $133,760, its liquidation threshold. If Bitcoin’s price falls by just a small percentage, he could make tens of millions. However, if the price rises instead, losses could come just as quickly, and the position could be liquidated, wiping out his margin instantly. The whale also opened a $330 million 12-times leveraged short position on Ether, with a liquidation price of $4,613. Currently, the position shows an unrealized profit of $2.6 million. As the crypto world attentively watches this high-stakes gamble—half genius, part madness—everyone is on edge. This is not the time for a whale to take such a risk, especially when Bitcoin has been performing well. Some analysts say he’s anticipating a market correction, a natural dip after months of gains. Others think it could be a psychological play, a move to scare smaller traders into selling, creating the drop he’s betting on. To that end, the whale’s short bets may inspire more large investors to follow suit and bet on the price decline of the leading crypto coins. In August, nine whale addresses acquired a cumulative $456 million worth of Ether, after the $11 billion Bitcoin whale rotated $5 billion of his Bitcoin into ETH. According to analyst and early Bitcoin adopter Willy Woo, large-scale selling from previously dormant Bitcoin whales was among the main factors limiting BTC’s price action in August. Still, it’s not just this one whale making moves. Most crypto traders are also positioning for a short-term decline in the crypto market. According to blockchain data from CoinAnk, over 52% of BTC holders across all exchanges are currently short, meaning that they are betting on Bitcoin’s price decline, while 47% remain long. Similarly, about 51% of Ether traders have also shorted the world’s second-largest crypto coin, expecting a decline. Analysts say the “Uptober” narrative is still intact BTC and ETH’s volatility has picked up, likely in expectation of another Fed rate cut later this month. Polymarket bettors price in a 91% chance that the Fed will reduce rates by 25 basis points at the Oct. 28-29 meeting, even as the ongoing government shutdown has delayed key data releases. It has been a challenging market to trade in, as Bitcoin’s price has been swinging sharply. Following a late Thursday drop from $123,000 to $120,000, BTC has recovered to trade around $121,943. On the other hand, Ethereum is down almost 1% over the last day and 2.7% for the week. According to on-chain data , US spot Ethereum ETFs saw $8.54 million in net outflows on Oct. 9, breaking a run of steady inflows. BlackRock’s ETHA ETF still posted $39.29 million in new inflows, but withdrawals from Fidelity of $30.26 million and Bitwise withdrawals of $8.07 million turned the total negative. The shift came as investors rotated back toward Bitcoin, which saw nearly $198 million in inflows on the same day. Even after this pause, Ethereum ETFs have seen strong institutional interest, with net inflows of over $1.3 billion during the first week of October. Claim your free seat in an exclusive crypto trading community - limited to 1,000 members.

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Roger Ver , often referred to as "Bitcoin Jesus", is close to finalizing a deal with the US government that could help him avoid a prison sentence .