The post Bitcoin Price Holds Above $108K Despite Sharp Drop in Futures Open Interest—What’s Next? appeared first on Coinpedia Fintech News

After weeks of sharp swings, the broader crypto market appears to be entering a phase of cautious stability. Bitcoin price continues to trade resiliently above the $100,000 mark, while Ethereum and major altcoins remain range-bound amid cooling market momentum.

Investor sentiment has shifted from extreme optimism to measured consolidation as traders reassess their positions following months of aggressive leverage and speculation. On-chain data shows steady accumulation among long-term holders, even as speculative activity in derivatives markets begins to unwind.

Against this backdrop, one key metric—Bitcoin Futures Open Interest (OI)—has caught analysts’ attention, signaling a potential leverage flush that could influence BTC’s next move.

Bitcoin Futures Open Interest Plunges 20%

Throughout 2025, Bitcoin’s open interest has shown a strong correlation with price action — expanding during rallies and contracting during corrections. Earlier peaks in January and July saw similar patterns: when OI crossed the $45–47 billion range, leverage-driven rallies eventually cooled off, leading to minor pullbacks before the next breakout.

According to the latest Glassnode data, Bitcoin’s futures open interest across major exchanges has dropped from nearly $45 billion to $35 billion, marking a significant 20% decline in just a few weeks.
This contraction comes even as Bitcoin’s spot price remains stable, suggesting traders are reducing leverage rather than exiting the market entirely. Historically, such declines in OI have occurred during periods of profit-taking or liquidations. 

Healthy Market Cooling, Not Panic

Despite reduced futures activity, Bitcoin’s spot price structure remains strong. The asset has maintained a support zone between $95,000 and $100,000, suggesting that long-term holders and institutions continue to accumulate during periods of leverage flush.

This is a healthy sign for the market—rather than a panic-driven sell-off, this phase reflects risk reduction and profit realization, key ingredients for sustainable growth. If open interest stabilizes near $30–35 billion, it could mark the beginning of a base-building phase before Bitcoin targets $115,000–$120,000 once again.

On-Chain & Derivatives Data Confirm Consolidation

Additional metrics support this consolidation narrative:

• Futures Open Interest: Down ~20%, confirming reduced speculative leverage.

• Funding Rates: Returning to neutral levels, signaling balance between long and short positions.

• Volatility Index: Flattening after recent spikes, showing early signs of market stabilization.

• Exchange Balances: Bitcoin reserves remain low, reflecting long-term holder confidence.

Together, these trends highlight a cooling but fundamentally strong market environment—the kind that often precedes large directional moves.

Price Outlook: Short-Term Caution, Long-Term Strength

In the short term, Bitcoin is expected to consolidate between $95,000 and $110,000, with occasional volatility driven by futures repositioning. A breakout above $112,000–$115,000 could ignite the next bullish wave toward $120,000–$125,000, while a drop below $95,000 would likely invite strong spot buying interest. Long-term outlook remains bullish, supported by ETF inflows, institutional accumulation, and declining exchange supply—all pointing toward growing structural demand for Bitcoin.

The post Coinbase Acquires Investment Platform Echo for $375 Million in Cash-and-Stock Deal appeared first on Coinpedia Fintech News

Coinbase, one of the world’s largest crypto exchanges, has announced its plan to acquire Echo, a leading onchain investment platform, in a deal valued at approximately $375 million, marking its eighth major acquisition of 2025. 

The agreement, completed through a mix of cash and Coinbase stock, strengthens the exchange’s push into blockchain-native capital markets and early-stage token offerings.​

Coinbase Signs Deal With Echo for $375 Million

According to a statement published Tuesday, Coinbase plans to integrate Echo’s flagship tool, Sonar, a platform for self-hosted public token sales, into its ecosystem. 

Meanwhile, Sonar lets blockchain startups raise funds directly from investors, making the process more transparent and accessible.

By integrating Echo, Coinbase aims to make fundraising more inclusive, efficient, and community-driven. Founders will gain easier access to capital, while investors can join private or public token sales directly through blockchain, reducing barriers and middlemen.

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Echo’s Founder Confirms Acquisition

Echo’s founder and popular crypto trader Jordan “Cobie” Fish confirmed the acquisition on X, saying, “I definitely didn’t expect Echo to be sold to Coinbase, but here we are. The brand will stay independent for now.”

Since its launch, Echo has helped raise over $200 million across more than 300 projects, providing tools that make it easier for startups and communities to invest and grow together.

Coinbase plans to use Echo’s technology to expand beyond traditional token sales, venturing into areas like tokenized securities and real-world asset offerings in the near future. 

This acquisition marks Coinbase’s eighth major deal of 2025, following earlier takeovers of Deribit, LiquiFi, and an NFT asset connected to the UpOnly podcast brand.

FAQs

The post AWS Outage Disrupts Reddit, Hulu, Coinbase, and More appeared first on Coinpedia Fintech News

Today, Amazon Web Services (AWS) faced a major outage impacting many popular platforms like Reddit, Hulu, EA, Max, Xbox Network, and Coinbase. The outage caused login and access problems for users worldwide. Amazon’s engineers are actively working to fix the “operational issue” in its US-East-1 region. Several other services including Fortnite, Snapchat, and Venmo were also affected. Companies assured users their data and funds remain safe while efforts continue to restore full service.

The post Chainlink Price Jumps 13.6% as Bulls Eye $20 Breakout After Key Rebound appeared first on Coinpedia Fintech News

After a volatile start to October, Chainlink has finally caught a strong bid. The token price surged 13.6% in the past 24 hours to trade around $18.82, marking one of its sharpest daily gains this month. This rally comes on the back of renewed optimism in the crypto market, fueled by a mix of regulatory progress, whale activity, and improving technical signals.

The first catalyst came from Washington, where Chainlink’s co-founder participated in a U.S. Senate discussion on blockchain policy. The move sparked optimism that clearer crypto regulations could benefit established networks like Chainlink. Meanwhile, on-chain data shows whale wallets have withdrawn more than $15 million worth of LINK from exchanges in just a week. Add to that a clean technical rebound, and the current rally starts to make sense.

LINK Price Analysis

On the chart, Chainlink price has broken out of a bearish head-and-shoulders pattern that had dominated since early October. The price bounced from the $14 crash low on October 10 to $18.76, reclaiming key moving averages. The 20-day Bollinger midline at $18.38 is now acting as short-term support, while the 50-day EMA at $20.16 stands out as the next major resistance.

Momentum indicators are showing steady improvement. The RSI at 67.9 has recovered from an oversold 37.5 last week, suggesting fresh buying pressure. The MACD remains negative at -1.41, but the fading red histogram shows weakening bearish momentum. In other words, buyers are slowly regaining control.

A decisive close above $20.16 could confirm a trend reversal, opening the door toward $23.31 and $25.58 targets. However, if LINK fails to sustain above $18.50, a short-term pullback toward $17.06 or $15.75 remains possible. Trading volume above $1.09 billion in the last 24 hours gives this breakout some weight, signaling real conviction behind the move.

FAQs

The post Breaking: BlackRock Launches Bitcoin ETP For UK Investors appeared first on Coinpedia Fintech News

BlackRock, the world’s largest asset manager with over $13 trillion in assets, has officially launched its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange on October 20, 2025

The new product, trading under the ticker IB1T, gives UK retail investors their first-ever opportunity to gain direct exposure to Bitcoin through a regulated exchange-listed fund.

BlackRock Brings Bitcoin to UK Investors

Unlike derivative-based products, the iShares Bitcoin ETP directly tracks Bitcoin’s spot price, giving investors a simple and transparent way to invest in the world’s largest cryptocurrency, without having to buy or store it themselves.

According to BlackRock, the iShares Bitcoin ETP is 100% physically backed by Bitcoin held in custody through Coinbase, ensuring security via multiparty computation and cold storage systems. 

The product’s introduction represents not only a regulatory milestone but also the rising institutional embrace of digital assets.​

Strong Regulatory Support from the UK FCA

The launch comes shortly after the UK Financial Conduct Authority (FCA) lifted its restrictions on crypto-linked ETPs. For the first time since 2021, UK retail investors can now legally access regulated Bitcoin products.

By taking this step, the UK joins other European markets like Germany and France, which have already embraced Bitcoin ETPs, signaling a more open stance toward digital asset innovation.

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Institutional Momentum and UK Market Growth

Globally, BlackRock’s crypto arm has seen huge success with its U.S.-based iShares Bitcoin Trust (IBIT), which holds over $85.5 billion in assets. With the UK launch, the firm aims to tap into rising demand from both retail and institutional investors amid renewed optimism in the crypto market.

Recent research cited by BlackRock projects a 21% rise in UK adults investing in crypto for the first time within the next 12 months, positioning the UK as Europe’s third-fastest-growing crypto market.​

As of now, Bitcoin is trading around $110,900, ​reflecting a jump of 3.3% seen in the last 24 hours with a market cap hitting $2.21 trillion.

FAQs

The post Crypto News Today (Live) Updates October 20 : Bitcoin Price,AWS Outrge,Cyber Attack,Reddit appeared first on Coinpedia Fintech News

The post China’s Cyberattack Claim, AWS Outage Rock the Internet – Coinbase Among Platforms Hit appeared first on Coinpedia Fintech News

It’s been a chaotic start to the week for the global internet and crypto wasn’t spared. Within a few hours, China accused the U.S. of launching a major cyberattack, and Amazon Web Services (AWS) – the world’s biggest cloud provider – suffered a massive outage that took down hundreds of popular apps, including Coinbase, Venmo, and Robinhood.

The timing of the two events has sparked plenty of online chatter. While there’s no confirmed link, the back-to-back disruptions have once again exposed how dependent even the crypto industry is on centralized web infrastructure.

China Points Fingers at the U.S.

On Sunday, China’s Ministry of State Security (MSS) claimed it had “obtained irrefutable evidence” that the U.S. National Security Agency (NSA) hacked into its National Time Service Center, a key government facility that keeps Beijing Time synced across the country’s finance, defense, and transport sectors.

According to the MSS, the U.S. began the covert operation in March 2022, using 42 different cyber tools to infiltrate systems and steal state data. The agency accused Washington of “aggressively pursuing cyber-hegemony” and “trampling on international norms.”

China said the attack could have disrupted power, communication, and financial operations.

AWS Outage Brings Down Half the Internet

Barely a day later, early Monday morning, Amazon Web Services experienced a large-scale outage centered in its North Virginia (US-EAST-1) region. The issue affected core services like DynamoDB and EC2, which thousands of companies rely on for computing and data storage.

As a result, apps and websites across industries went offline – from Snapchat and Roblox to Venmo, Robinhood, and Coinbase. Even Amazon’s own services like Alexa, Ring, and Prime Video were hit.

AWS confirmed “increased error rates” and said engineers were working to restore services. By late morning, some platforms began showing signs of recovery.

Coinbase Confirms All Funds Are Safe

Crypto exchange Coinbase, which runs on AWS, was among the hardest hit. Users faced login issues and transaction delays before the company confirmed that “all funds are safe.” Coinbase later said systems were stabilizing and services were coming back online.

The brief outage reminded traders just how connected the crypto ecosystem still is to centralized systems.

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A Wake-Up Call for the Digital World?

Two back-to-back incidents – a cyberattack accusation and a major cloud failure – have proved one thing: the internet, and by extension crypto, isn’t as resilient as we’d like to believe.

For now, AWS is recovering, Coinbase is back online, and both governments are silent. 

FAQs

The post XRP Ledger Stays Strong as Major AWS Outage Highlights Internet Fragility appeared first on Coinpedia Fintech News

Early Monday, a major AWS outage in the US-EAST-1 region caused service disruptions across the internet. Popular platforms like ChatGPT, Reddit, Fortnite, Coinbase, and even Amazon itself faced downtime. 

Yet, the XRP Ledger (XRPL) kept closing blocks as usual and the crypto community is noticing.

Millions Disrupted as AWS Goes Down

AWS reported “increased error rates and latencies for multiple AWS Services” starting at 3:11 a.m. ET. The problem, linked to DNS resolution issues with the DynamoDB API, spread to other services. By 5:27 a.m. ET, AWS had begun recovery, though backlogs meant some services would take longer to stabilize.

For companies relying on cloud infrastructure, the incident is a stark reminder that a single outage can affect millions of users and thousands of services. Convenience comes at a cost.

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Crypto exchange Coinbase, which runs on AWS, was also briefly hit. Users faced login issues and transaction delays before the company confirmed that “all funds are safe.” Coinbase later said systems were stabilizing and services were coming back online.

XRPL: A Network That Doesn’t Stop

Amid the disruption, XRPL’s performance stood out. As crypto commentator @Vet_X0 tweeted:

“Despite AWS having issues, the XRP Ledger is closing blocks normally. That’s the hard work of decentralization, especially geographical and hosting wise. Though I believe we can do much better and increase resilience – XLS 50 is important for this transparency to drive action.”

Unlike other platforms tied closely to AWS, XRPL validators are spread across multiple cloud providers and physical locations. This distribution protects the network from outages at any single provider. 

Historical data backs this up: even a February 2025 temporary halt was resolved quickly.

How XRPL Stays Strong When Others Stall

The outage highlights why XRPL’s validator network is built this way. Too many validators on one cloud provider can risk halting consensus. XLS 50 encourages transparency and better practices: validators now consider physical location, network (ASN), and cloud provider diversity.

XRPL moved forward while much of the internet paused.

What the Crypto Industry Can Learn

For crypto platforms and investors, XRPL is a lesson in resilience. Centralized cloud services are convenient but fragile. XRPL’s structure proves that careful network design and distribution can protect against large-scale outages.

In a world where one cloud failure can ripple across millions of users, XRP Ledger is setting the bar: decentralized networks can, and do, work better.

FAQs

The post Solo Bitcoin Miner Hits the Jackpot Wins $347,000 Block Reward appeared first on Coinpedia Fintech News

A solo Bitcoin miner just hit the ultimate crypto jackpot, earning $347,000 from a single block. Against 1-in-7-million odds, the solo miner managed to beat the giants of the industry and take home the full Bitcoin reward. 

The win comes as Bitcoin surges past $111,000, up over 3% in the last 24 hours, with a market cap of $2.21 trillion.

Solo Bitcoin Miner Hits the Jackpot

According to on-chain data, a solo Bitcoin miner struck gold this week by successfully solving block 919,923 on Monday around 10:30 UTC, earning 3.1 BTC worth about $347,000. 

The block included 182 transactions, adding a small bonus of 0.001 BTC in fees. The mining was done through Solo CKPool, a platform that allows individuals to mine Bitcoin without operating their own node.

This rare success story once again shows that Bitcoin’s decentralized proof-of-work system still gives small miners a fair shot at winning big.

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Beating a 1-in-7-Million Chance

Data shows the miner’s hardware produced around 200 terahashes per second (TH/s) similar to a modern Antminer S21, which accounts for just 0.00002% of Bitcoin’s total network hashrate.

With the global hashrate now above 600 exahashes per second, the odds of a solo miner discovering a block are about 1 in 7 million. Most individuals rely on small rigs, while large pools like F2Pool and AntPool dominate the network’s computing power.

It’s a rare event, only about eight solo mining successes have been recorded so far in 2025, highlighting how competitive and random Bitcoin’s proof-of-work system truly is.

The miner’s success comes amid strong bullish sentiment in the Bitcoin market. As of today, BTC trades around $111,000, climbing 4% in the last 24 hours.​

The post Stablecoin Supply Hits Record $304.5 Billion—Is a Massive DeFi and Bitcoin Rally Next? appeared first on Coinpedia Fintech News

The crypto market is regaining momentum as Bitcoin (BTC) price trades near $107,000, while top altcoins like Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) show steady recovery after recent pullbacks. Market sentiment is turning optimistic, supported by renewed institutional interest and rising on-chain activity.

At the same time, the total stablecoin supply has surged to a record, signaling a massive pool of sidelined liquidity waiting for deployment. Historically, such growth in stablecoin reserves has preceded major rallies in Bitcoin, DeFi tokens, and the broader altcoin market, suggesting that the next big crypto uptrend could be approaching.

Stablecoin Supply Hits Record $304.5 Billion

The total stablecoin supply has soared to an all-time high of $304.5 billion, signaling a major liquidity buildup in the crypto ecosystem. This massive amount of idle capital indicates growing investor confidence and readiness to redeploy funds into high-yield crypto opportunities. Stablecoins, pegged to the U.S. dollar, continue to serve as the backbone of the crypto economy, offering stability, seamless transfers, and access to decentralized markets.

A rising stablecoin market cap often precedes major market moves. It suggests investors are accumulating dry powder, waiting for the right moment to enter Bitcoin (BTC), Ethereum (ETH), and altcoin markets. Analysts note that such large reserves typically trigger bullish momentum across the broader digital asset sector once reinvested into risk assets or yield-generating protocols.

DeFi and Tokenization: The Next Big Destinations

Experts believe the next major liquidity wave could flow into Decentralized Finance (DeFi) and tokenized real-world assets (RWAs).

• DeFi Growth: Lending platforms, decentralized exchanges, and yield farms continue to attract stablecoin inflows seeking real yield opportunities. Improved security and institutional-grade protocols are further legitimizing DeFi as a core financial layer.

• Tokenization Surge: Real-world assets like bonds, treasuries, and real estate are being brought on-chain. Financial giants such as BlackRock and Standard Chartered are already experimenting with blockchain-based settlements using stablecoins as the primary medium.

A Bullish Signal for Bitcoin and DeFi

Several catalysts could ignite this massive liquidity pool—including regulatory clarity, institutional adoption, and macroeconomic shifts pushing capital on-chain. A favorable policy move or a major financial institution integrating stablecoin payments could trigger the next crypto liquidity supercycle.

The record-breaking $304.5 billion in stablecoins isn’t just sidelined cash—it’s fuel for the next major crypto expansion. With DeFi, RWAs, and blockchain adoption accelerating, this liquidity could soon flow back into the market, potentially driving Bitcoin, Ethereum, and DeFi tokens to new highs.