Author: CryptoPress
Bitcoin fell below $81,000, trading near $80,764 as of late Asian hours on October 15.
Nearly $1 billion in leveraged positions were liquidated, with ether accounting for the majority of losses.
U.S. CPI rose 3.7% year-over-year in September, hotter than expected, reviving rate hike concerns.
Asian equities tumbled, with South Korea’s Kospi dropping over 7% and triggering circuit breakers.
Bitcoin slid below the $81,000 level during Asian...
France Proposes Strict Tax Reporting Obligations for Self-Custody Crypto Users
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France’s Ministry of Economy has introduced a new regulatory proposal targeting crypto self-custody and foreign accounts.
The measure aims to strengthen compliance by obligating digital asset users to declare all transactions executed via self-hosted wallets.
Industry advocates argue that the broad scope of the reporting framework could stifle innovation and prompt capital flight.
France is moving to tighten its regulatory grip on the...
Strive Acquires 3,311 Bitcoin Valued at $280 Million in Major Corporate Treasury Expansion
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Strive has significantly bolstered its corporate balance sheet by acquiring 3,311 Bitcoin for approximately $280 million.
The multi-million dollar purchase highlights the growing trend of corporate entities utilizing digital assets as a long-term treasury reserve.
Market observers note that this latest transaction places Strive among a select group of publicly traded and private firms holding substantial BTC reserves.
Asset management firm...
Ethereum Drops Below $2500 Amid Broader Crypto Market Liquidation
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Ethereum fell sharply below the key psychological support level of $2500 during a widespread crypto market sell-off.
The sharp downward movement triggered tens of millions of dollars in leveraged long position liquidations across major derivatives platforms.
Broader macroeconomic pressures and risk-off sentiment in traditional markets continue to weigh heavily on digital asset valuations.
Ethereum slipped below the crucial $2500 threshold on...
Ripple Partners with Stripe-Owned Privy to Bring Embedded Wallets to XRP Ledger
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Ripple and Stripe-owned Privy announced a partnership on October 13 to add XRP Ledger support to Privy’s wallet infrastructure.
Developers can create embedded and server-side wallets for XRP, RLUSD and other assets without requiring users to manage private keys.
The integration supports AI agent payments through the x402 protocol as XRPL reports more than 13 million agent transactions representing roughly 25% of network activity.
Ripple and...

