Express News | Jack Yi: Over the past two weeks, Bitcoin has experienced sideways consolidation and even false breakouts to lure bulls, but we have consistently maintained our pullback outlook.

On October 8, Jack Yi, founder of Liquid Capital, posted on Twitter stating that over the past month, they had consistently issued six tweets repeatedly warning in advance that Bitcoin reaching $86,000 would mark a pullback level. In the last two weeks, Bitcoin has traded sideways with volatility, even exhibiting false breakouts to lure bulls, yet they have maintained their pullback outlook. Their analytical rigor has once again been validated, following their accurate prediction in May that the rebound had ended and their repeated advice in July and August to buy the dip. Investment and trading are disciplines highly susceptible to falsification; however, in the crypto sector, if one does not operate projects or exchanges, the only path to returns lies in continuous improvement and excellence in investment and trading practices.

Latest3minutes ago

Bitcoin Falls Along With U.S. Stocks as Treasury Yields, Oil Prices Rise -- Market Talk

0653 GMT - Bitcoin falls to a two-and-a-half-week low following declines in U.S. stocks overnight as Treasury yields rise and oil prices rally amid ongoing conflict in the Middle East. Bitcoin's

WSJ35minutes ago

Express News | Forbes: UK's HMRC Plans to Expand Access to Crypto Asset Information, Sparking Privacy Concerns

On October 8, Forbes reported that Her Majesty's Revenue and Customs (HMRC) is pushing to expand its investigative powers over crypto asset information. The proposal would allow tax authorities to directly request customer data from crypto asset service providers and update inspection rules for software and electronic records. Recap, a UK-based crypto tax software company, warned that the proposed regulations define "service providers" too broadly, potentially covering non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Given the transparent nature of Bitcoin transaction records, linking investors' names, addresses, and tax identities to on-chain wallet addresses could expose their long-term asset activity histories, increasing the risks of data breaches, extortion, and even physical attacks.

Latest47minutes ago

Bitcoin Loans Are Paying for Tuition and Working Capital, Not Just Trades, Lenders Say

Bitcoin-backed lending is evolving into a mainstream source of credit, with borrowers using BTC to access liquidity without selling.

CoinDesk13:40

AI Prices Drop 90% and Chain Shutdowns: A New Crypto Landscape Amid Cost Restructuring

Anthropic and OpenAI are reshaping the AI entry point through drastic price cuts, while Microsoft and NVIDIA are advancing the local agent ecosystem. Abstract's shutdown serves as a warning of the

Zhitong Finance13:00

$470 Million in Crypto Assets Transferred to Coinbase; Trump’s Reserve Order Faces Scrutiny

The U.S. government has seized $470 million in crypto assets and transferred them to an address suspected to belong to Coinbase, sparking controversy over whether this violates Trump's strategic

Zhitong Finance12:59