The Sygnum Bank report states how payment processing giants like Visa have been integrating Solana for USD Coin (USDC) settlement citing its “low costs” and “high throughput”.

Ripple has announced the opening of its high-speed payment solution, Ripple Payments, in Brazil.

Peter Schiff, a well-known critic of Bitcoin, is once again sounding the alarm, claiming that the digital asset is in a bear market. Schiff notes that Bitcoin has underperformed dramatically when compared to gold, noting that since its peak almost three years ago, the price of the cryptocurrency has dropped by roughly 40%.

AAVE, APT, and BEAM are the top performers from the largest 100 alts today.

Bitcoin holds steady around $61,000 as global developments unfold, including Ripple's expansion in Brazil, IMF's warnings to El Salvador, and JPMorgan's bullish outlook amid geopolitical tensions and upcoming US elections.

Bitcoin ETFs experienced a staggering outflow of $52.9 million, while Ethereum ETFs enjoyed a notable inflow of $19.8 million. This sharp contrast reflects evolving investor sentiments and could signal broader shifts in the market.

Bitcoin has been experiencing some interesting developments in its market indicators, and a recent analysis points to the NVT (Network Value to Transactions) Golden Cross signaling a potential short-term local top. According to a CryptoQuant analyst known as Darkfost, the NVT Golden Cross—a key metric used to determine market valuation relative to transaction volume—has reached a major level.

On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset's price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, miners have gradually been reducing their exchange inflows recently.

SOL may be getting ready for a decline-rally cycle.

The IMF said it seeks to reach an agreement with Salvadoran authorities on an IMF-supported program to help with macroeconomic stabilization.

BlackRock's US Head of Thematics and Active ETFs, Jay Jacobs, said there is plenty of room for Bitcoin adoption. Jay still estimates a market of Brazilian Real 30 trillion ( ~ $5.4 trillion) in the coming years.

Ethereum (ETH) is currently navigating a challenging market landscape, showing signs that it could drop to $2,200 in the near future. As geopolitical tensions escalate, particularly the ongoing conflict between Iran and Israel, the sentiment surrounding ETH has turned decidedly bearish.

Geopolitical tensions can have far-reaching effects beyond the borders of the nations involved. The latest conflict involving Iran, Lebanon, and Israel has not only heightened military and diplomatic concerns but has also sent ripples through financial markets worldwide, with cryptocurrencies experiencing significant volatility.

Crypto options expiry day has come around again, and it is the first event of the fourth quarter, but will it impact spot markets?

Ethereum (ETH) price has shed 14% in the past five days and trades today at $2,346. This downtrend has knocked ETH down to a key support zone that could trigger a reversal.

London-listed crypto-miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) reported that it produced 37 Bitcoins (BTC) in the month of September. The average daily production was 1.2 BTC, as noted.

A widely followed cryptocurrency trader and analyst is leaning bearish on Bitcoin (BTC) and Ethereum (ETH) amid a market downturn. The trader pseudonymously known as Capo tells his 866,300 followers on the social media platform X that Bitcoin and Ethereum could fall by up to 21% and 23%, respectively, from the current levels.

Bitcoin may face a potential correction amid market volatility and geopolitical tensions.

October started slowly for Bitcoin, but experts are optimistic about a potential bullish surge later in the month.

BTC's implied volatility curve shows a noticeable kink on Oct. 5, signaling expectations for an unusually volatile Saturday.

Bitcoin miner Terawulf has sold its 25% stake to partner firm Talen Energy in a transaction valued at $92 million. The proceeds will be reinvested in enhancing AI and Bitcoin mining operations, the official release said.

According to Lookonchain, a platform that tracks blockchain transactions, this whale had been inactive for over two years before resurfacing last week. The investor received 150,000 ETH during Ethereum's 2014 ICO and deposited 12,010 ETH worth $31.6 million into Kraken in late September.

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Spot Bitcoin exchange-traded funds experienced a third consecutive day of outflows on Oct. 3, pushing the total withdrawals over the period to $361.2 million. According to data from SoSoValue, the 12 U.S.-listed spot Bitcoin ETFs saw net outflows of $54.

Bitcoin (BTC) recently appeared poised for significant upside momentum and has experienced a notable price correction. Following a two-month high of $66,500 last Friday, the cryptocurrency retraced approximately 6% in the past week to around $60,000 by Thursday.

Cryptocurrency Prices Today: The cryptocurrency market fell by 2.12% in the past 24 hours, with its market cap now at $2.11 trillion. Additionally, trading volume decreased by 18.94%, indicating a careful attitude among investors in light of the geopolitical uncertainty.

Bitcoin price has shown mixed performance amid recent geopolitical developments and regulatory scrutiny.

The third quarter of 2024 was a real whirlwind for the crypto market. While some assets shone, others are struggling to keep up.

The trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio may point towards a top being yet to occur in the current cycle.

Lekker Capital chief investment officer Quinn Thomspon says this week's Bitcoin dip shows a “clear invalidation” when compared to previous price stumbles.

Bitcoin is currently trading above the $61k level and a small recovery could be on the horizon.

El Salvador President Nayib Bukele discussed the country's Bitcoin (CRYPTO: BTC)-centric policy with Argentina Vice President Victoria Villaruel during a recent official visit. What happened: A video reposted by the vice president on X showed the two leaders sitting on the opposite side of a table, with Villaruel greeting Bukele on his visit to Argentina.

Ethereum has already faced strong selling pressure slipping nearly 10% on the weekly chart with the ETH price dropping to $2,366 levels currently. Some market analysts believe that the ETH market rout has just begun with the possibility of another 50% drop as per the log regression model.

Solana trimmed gains and tested the $132 support. SOL price is consolidating and might aim for a fresh increase above the $140 resistance zone.

Mike Novogratz, the billionaire CEO of Galaxy Digital, shared his perspective on a significant potential catalyst that could propel Bitcoin (BTC) to new heights. Speaking on CNBC's Squawk Box, Novogratz emphasized the upcoming options trading for Bitcoin exchange-traded funds (ETFs) as a transformative factor that could a surge in demand and investor interest.

Ethereum (ETH) co-founder Vitalik Buterin advocates reducing the ETH solo staking requirement to lower the entry barrier and promote greater network decentralization. Buterin Sees 32 ETH Requirement As A Barrier Responding to Ethereum educator Anthony Sassano on X regarding solo staking, Buterin expressed concern that the current 32 ETH requirement presents a bigger obstacle than bandwidth limitations.

Key Points:

Cryptocurrency prices on October 4: The broader market witnessed heightened volatility on Friday, embarking upon turbulent price trajectories. Bitcoin (BTC) price fought market volatility to rest at the $60K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices slipped 1%-4%.

The International Monetary Fund (IMF) has again urged El Salvador to scale back its Bitcoin policies and overhaul its cryptocurrency regulatory framework.

Thursday's outflows were led by Ark Invest and 21Shares' ARKB, which recorded $57.97 million in net outflows.

Terawulf stakes in Bitcoin mine will be sold to Talen Energy for $92 million.

Bitcoin has seen its demand stagnate in recent months, mirroring trends from past successful periods in 2016 and 2020. Since July, interest in the leading cryptocurrency has plateaued, leaving market watchers wondering if a recovery is on the horizon.

The Fed easing cycle will devalue USD but not BTC or gold, cautions Jack Mallers.

Renowned economist Peter Schiff scoffed at Bitcoin (CRYPTO: BTC) HODLers for being oblivious to the impending bear market. What Happened: On Thursday, the staunch Bitcoin critic took to X to highlight the leading cryptocurrency's decline against gold—an asset Schiff vehemently advocates for.

Ethereum is down when writing, mirroring the general performance across the board. The nearly 2% drop in the crypto scene is due to the contraction of Bitcoin, Ethereum, and top altcoins.

Bitcoin sees downward momentum, dipping below $60K as economic factors weigh heavily. Market awaits US jobs data, which could alter BTC's trajectory.

Ethereum price extended its decline below the $2,350 level. ETH is now recovering from losses and faces a major hurdle near the $2,300 zone.