Bitcoin extended its selloff on Oct. 8, falling through the $82,180 support level to an intraday low near $80,800, CryptoSlate reported. The next cluster of liquidations that Glassnode models below that low sits near $75,000, about 7% further down.
Perspective Coverage
3 publishers
- Builder
- Builder 5%
- Operator
- Operator 17%
- Investor
- Investor 78%
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence64
Bitcoin fell below $83,000 as Brent crude reached $102 a barrel and US Treasury yields climbed to their highest since 2002. Oil set the timing, but the fall landed on a futures market that had shed $2.8 billion of open interest since September 22, CryptoQuant data show.
Reality
- Evidence66
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence60
Robinhood has added $25 million of bitcoin to its balance sheet, crypto chief Johann Kerbrat said, a stake worth about 0.025% of its market value. The company's larger tie to the asset runs through trading, where August crypto volume reached $17.5 billion.
Perspective Coverage
5 publishers
- Builder
- Builder 25%
- Operator
- Operator 22%
- Investor
- Investor 53%
Reality
- Evidence60
- Adoption25
- Hype gap+15
- Incentives60
- Confidence65
Bitcoin nears $87,177 high as weekly ETF inflows shrink 96%
Bitcoin came within $650 of its $87,177 Friday high on Sunday while weekly US spot ETF inflows fell to about $83 million from $2.39 billion. October's seasonal record now has to carry a rally that fund money is backing at a fraction of September's pace.
Reality
- Evidence40
- Adoption45
- Hype gap+35
- Incentives
- Not scored
- Confidence45
US spot Bitcoin ETFs took in $102.7 million on October 1, a tenth of September 21's $999 million, as Bitcoin neared $87,000. That leaves the Fed's October 27-28 meeting, more than the seasonal record, to decide whether fund buyers return in size.
Reality
- Evidence68
- Adoption45
- Hype gap+20
- Incentives
- Not scored
- Confidence64
Robinhood is seeking approval to let customers trade a curated list of US stocks and ETFs on weekends, the 48 hours a week its 24 Hour Market is shut. Weekend prices will depend on whether dealers quote through those hours and on how the trades clear and settle.
Perspective Coverage
4 publishers
- Builder
- Builder 23%
- Operator
- Operator 35%
- Investor
- Investor 42%
Reality
- Evidence58
- Adoption10
- Hype gap+40
- Incentives72
- Confidence60
Robinhood hands its retail traders AI agents that run strategies in separate accounts
Robinhood says more than 150,000 customers have opened AI agent trading accounts that generate roughly 30 million automated actions a day. The agents' guardrail is a manual-approval default that customers can adjust. Robinhood is setting that default as the company pushes toward trading that never stops.
Reality
- Evidence35
- Adoption40
- Hype gap+30
- Incentives75
- Confidence40
Robinhood plans to sell US retail traders crypto perpetuals with up to 10x leverage
Robinhood said eligible US customers will trade eight crypto perpetual futures in its app within months, with up to 10x leverage on bitcoin and ether. The product brings leverage US retail traders mostly found on offshore exchanges into a mainstream American brokerage.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+35
- Incentives65
- Confidence40
Robinhood's crypto notional rose to $17.5 billion in August, still 38% under the same month a year earlier, and 58% of it now clears through Bitstamp. Event contract counts fell 23% in the same month.
Reality
- Evidence70
- Adoption68
- Hype gap+12
- Incentives62
- Confidence72
The average that capped the 2022 bear market is overhead again near $63.2k, and this week's Fed minutes and Japan data decide whether the level holds any authority.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+20
- Incentives60
- Confidence48