Bitcoins $85,000 sell wall is gone and traders are now betting on $100,000

Bitcoins rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins.  Related Asset Bitcoin #1 BTC · $84,501.62 24-hour change: down 0.35% Loading price history… 24H Down 0.35% 7D Up 0.51% 30D Up 9.19%  On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.  Glassnode said some of those orders were filled and the remainder withdrawn, leaving a smaller concentration of asks around $87,000 and less visible liquidity immediately above.  Bitcoin cleared $85,000 after sell orders vanished, then met new resistance near $87,000. Source: Glassnode  At the same time, bands on CryptoQuants Bitcoin Accumulation Trend chart have begun contracting, reviving a pattern seen before two sharp advances in 2025.  Related Company Glassnode On-chain analytics platform  The setup adds another bullish signal to a market that has reclaimed several key cost-basis levels, though the limited number of previous occurrences makes the pattern far from conclusive.  Past contractions offer a bullish, but limited, precedent  Per CryptoQuant, the current contraction resembles two episodes in 2025 followed by sizable gains, giving traders a bullish analog as Bitcoin enters October.  Related Company CryptoQuant Provider of on-chain and market data analytics  The Accumulation Trend

10-03انڈسٹری

Ethereum Now Lets You Pay for AI Without Revealing Who You Are

In briefThe Ethereum Foundation and the Open Anonymity Project announced zkAPI on Ethereum mainnet on October 1, letting users prepay in USDC and receive capped, short-lived API keys through zero-knowledge proofs.The design follows a February 2026 Ethereum Research proposal by Davide Crapis, who leads the foundations dAI team, and Vitalik Buterin.The projects repository labels the protocol experimental, and its documentation points to OpenRouter as the AI provider behind the keys.  The Ethereum Foundation has put zkAPI live on Ethereums main network, a system that lets people pay for AI services without tying their identity to what they ask, according to the Ethereum Foundations announcement.  “Prompts are personal. People ask AI models about their health, their finances, their doubts. Under the current model, using AI means handing a running transcript of your thinking to whoever holds the billing relationship,” the Ethereum Foundation argued.  Myriad: Where does Ethereum go next? Click to make your prediction.  “zkAPI separates payment from identity,” the Foundation continued. “You deposit credits (ETH, USDC, etc.) into a vault contract on Ethereum, one ordinary transaction. From then on, your balance exists as a private note: digital cash that only you can spend and that nobody can trace back to the deposit.”  It was built

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Anchorage Digital reportedly cuts 17% of staff amid crypto downturn

Anchorage Digital has reportedly cut 17% of its workforce after securing a $100 million Tether investment earlier this year.  The Information reported on Oct. 2, citing people familiar with the matter, that McCauley had told employees about the layoffs during the week. The report placed the reduction against a prolonged downturn in crypto markets.  Anchorage Digitals reported cuts could affect about 68 jobs  In congressional testimony in February, McCauley put Anchorages global workforce at approximately 400 employees. Applying the reported 17% reduction to that figure would amount to about 68 positions, provided the companys headcount had stayed near the same level.  The February figure covers employees globally, so the calculation represents a possible company-wide reduction rather than a confirmed number of U.S. job losses.  According to the supplied report, Anchorage received a $4.2 billion valuation earlier this year. The workforce reduction follows both that valuation and fresh investment from Tether, which already works with Anchorage through its U.S.-focused stablecoin, USAT.  The Information cited weak crypto markets as the backdrop to the cuts. The supplied account also noted that Bitcoin briefly recovered above $87,000 on Friday but remained below its $126,000 peak from October 2025.  Tether invested $100 million after USATs launch  Earlier coverage by crypto.news recorded Anchorages $100

10-03انڈسٹری

Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins

In briefCircle submitted recommendations to the European Commissions MiCA review, arguing the framework has produced many regulated issuers but captured few of the biggest global tokens.It urged the EU to preserve “multi-issuance” (warning restrictions would push activity offshore) and to loosen reserve rules, siding with the ECB against the 30%-to-60% bank-deposit mandate.The push lands ahead of a broader 2027 MiCA overhaul and amid a wider U.S.-EU contest over stablecoin dominance.  Circle is pushing the European Union to rework parts of its crypto rulebook, arguing that the current rules governing stablecoins are keeping the worlds biggest tokens outside Europes regulatory perimeter.  The stablecoin issuer said Thursday it had submitted a response to the European Commissions consultation on reviewing the Markets in Crypto-Assets Regulation, or MiCA, the blocs comprehensive framework for digital assets.  Myriad: Where does Solana go next? Click to make your prediction.  Circle, which issues the dollar-pegged USDC and the euro-pegged EURC, framed its recommendations as refinements to a framework it credits with giving Europe an early lead.  The companys core argument is that MiCA has produced plenty of regulated issuers but failed to capture the largest global tokens. Of the top 25 stablecoins by market value, Circle noted, only three are MiCA-regulated.  To close that

10-03انڈسٹری

Crypto hackers exploit third-party Aave tool to steal 114 ETH

A third-party lending adapter built on Aave was exploited to steal about 114 ETH, worth over $300,000, while the protocol itself remained unaffected.  Related Asset Aave #36 AAVE · $180.12 24-hour change: up 7.55% Loading price history… 24H Up 7.55% 7D Up 16.28% 30D Up 41.84%  On Oct. 2, blockchain security firm SlowMist said the attacker compromised two Safe multisig wallets through a flaw in the FlashLoopAdapter used with Aave v3 positions. The exploit allowed the attacker to bypass the adapters authentication checks, execute arbitrary calls, and drain collateral from the affected wallets.  SlowMist estimated the direct loss at about 114.09 ETH. It said roughly 1,300 WETH of debt was also repaid during the attack to unlock collateral tied to the positions.  Related Asset Ethereum ETH · $2,670.16 24-hour change: down 1.07%  Aave founder Stani Kulechov said the incident did not involve Aave v3s core smart contracts. He said:  “This is not Aave v3 contract, its third party external adapter built on top of Aave, zero effect on Aave v3.”  The distinction is significant for Aave, the largest decentralized lending protocol, with more than $33 billion in total value locked. The exploit affected infrastructure layered on top of Aave.  Related Person Stani Kulechov Founder and CEO · Aave  Fake

10-03انڈسٹری

This AI Is Already Fooling People on Video Calls Into Thinking It's Human, Company Says

In briefTavus says 26 of 54 participants (48%) believed Griffin-Lite was a real person after a one-minute video call, versus 1 of 41 for its previous system.Griffin-Lite ranks first on Nvidias VideoFDB benchmark, scoring 3.83 out of 5 on generation against 2.80 for the next-best system and 3.92 for a human reference.The results come from Tavus own research page, participants were told they would meet another person, and Griffin-Lite is limited to select trusted testers while Tavus works on safety measures.  AI startup Tavus says its new model, Griffin, convinced 48% of the people who talked to it on a live video call that they were speaking with a real human.  The company unveiled it on October 1 and calls it the first Human Interaction Model, an AI built to understand and generate face-to-face conversation, paying attention to expressions and pauses as well as words. Its previous system scored 2.4% on the same test.  Myriad: How high will Nvidia go? Click to make your prediction.  Griffin-Lite, the version Tavus tested, faced 54 people, and 26 of them said afterward they believed their partner was a real person. The older system faced 41 people and got exactly one believer.  Tavus explains that participants were told they

10-03انڈسٹری

Zano exploiter minted more than a quadrillion fUSD before blockchain rollback

Update (Oct. 2 at 6:53 am UTC): This article has been updated to include a comment from Zano head of marketing and growth, Quinten van Welzen.  Zano revealed that the attacker who exploited its Gateway Address vulnerability over the last month used it to create 36.9 million Zano (ZANO), along with 1.8 quadrillion Freedom Dollar (fUSD) tokens, before the decision was made to roll the blockchain back by a month.  In a post-mortem published Thursday, Zano said the attacker first exploited the vulnerability on Aug. 29, creating approximately 18.4 million ZANO in a single transaction. The attacker repeated the exploit on Sept. 25, minting another 18.4 million ZANO, before using the same method to create approximately 1.8 quadrillion fUSD.  “These coins functioned as authentic ZANO and could be spent normally,” the team wrote in its post-mortem. Zano spokesperson Quinten van Welzen told Cointelegraph only a small fraction reached the market as it was limited by liquidity available on exchanges.  The figures shed light on why the Zano team called for a rollback of about a month of blockchain history, including legitimate transactions. The team acknowledged that the rollback would hurt trust but argued it was necessary to remove unauthorized supply as it could not

10-03انڈسٹری

Porsche‘s ’long haul Web3 project ends in less than four years

Porsche is ending its Web3 project and Pioneers Circle community nearly four years after launching its 911 nonfungible token (NFT) collection.  “Today, we are announcing the conclusion of the Porsche Web3 project and Pioneers Circle,” the company said in a post on X. Porsche said the project had expanded beyond its initial technology focus to include community events and other online and offline activities.  The automaker said the Porsche 911 NFTs will remain with their holders and continue to exist onchain. Porsche will turn the community‘s Discord server into a read-only archive and stop actively updating the project’s X account.  Porsches NFT collection launched in January 2023 with a planned supply of 7,500 tokens, but the company halted minting after complaints over pricing and lack of utility, leaving the supply at 2,363.  When Porsche unveiled its Web3 plans in 2022, Lutz Meschke, its deputy chairman at the time, said the automaker had made its commitment “for the long haul” and cited potential uses in the metaverse, purchasing experiences and supply chains.  Trading activity has since slowed. According to OpenSea, the collection had roughly $20 million in all-time trading volume, but only about $38,000 over the past year and around $2,900 over the past month.  Related: Magic

10-03انڈسٹری

$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report

Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, suggesting that the prolonged crypto market downturn is weighing on the company even as it expands its institutional footprint.  Citing people familiar with the matter, The Information reported Friday that CEO Nathan McCauley informed employees of the cuts this week. Anchorage had about 400 employees globally as of February, according to McCauleys congressional testimony at the time, meaning a 17% reduction would amount to roughly 68 jobs if its headcount remained around that level.  Cointelegraph reached out to a public relations contact representing Anchorage for confirmation but did not receive an immediate response.  Crypto markets have struggled over the past year, which The Information cited as the backdrop for Anchorages workforce reduction. Bitcoin (BTC) briefly recovered above $87,000 on Friday but remains well below its $126,000 peak reached last October.  The layoffs come as Anchorage has expanded its role in the regulated US crypto industry. The company became the first crypto company to receive a national trust charter from the Office of the Comptroller of the Currency in 2021 and has since grown into a major crypto custodian.  More recently, Anchorage has

10-03انڈسٹری

Delayed AI access could push Europes future tech jobs abroad, Brickken CEO warns

Brickken CEO Edwin Mata has warned that uneven access to three AI products, Dots, Muse, and Siri AI, could steer European companies future hiring and investment abroad.  Edwin Mata, CEO and co-founder of Barcelona-based tokenization company Brickken, told crypto.news that Europe could retain companies founded in the region while losing the jobs, investment and business expansion they generate later.  In his assessment, founders do not need to move an entire company for Europe to lose future growth. Hiring engineers overseas, opening a sales operation near investors or choosing another country for a product launch could gradually draw more activity outside the region.  Delayed AI access could influence where founders hire  For founders deciding where to expand, Mata said access to leading AI tools increasingly sits alongside funding, taxation, customers and recruitment conditions.  A team able to test products earlier and automate more work in another market could direct its next investment there, he explained. Investors then support businesses with credible growth prospects, while skilled workers follow companies with the resources to develop ambitious products.  “Europe can therefore retain the original company while losing much of its future hiring, investment and value creation,” he said.  Rather than treating access as the sole reason for an overseas expansion, the

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