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Crypto

Bitcoin holds $80,000 as stablecoin payments spread

Over the past week, the global crypto market’s key theme was resilience. Bitcoin held $80,000 despite a CPI shock, while XRP defended $1.30 even as public interest faded. Investors are watching U.S. PMI data and the Oct. 27-28 FOMC, as well as Ripple’s Swell event. Stablecoins and tokenisation are spreading into mainstream payment rails. In South Korea, tax deferral bills and a forthcoming digital assets framework are emerging variables.

Crypto

Bitcoin holds $80,000 despite higher U.S. inflation data; focus on FOMC pause

Bitcoin held the $80,000 level even after the United States\' September consumer and producer price indexes both came in above market expectations. CoinPost reported that Bitbank analyst Yuya Hasegawa expects bitcoin to keep consolidating around $80,000 next week. He noted short-term U.S. rates did not keep rising and fed funds futures still price an October FOMC pause at about 70 percent. Options positioning around $80,000 is seen as a key support factor.

Crypto

Ethereum researcher warns AI may break ECDSA before quantum computers, urges \'bunker mode\' planning

Justin Drake of the Ethereum Foundation warned that the ECDSA signature system used by Bitcoin and Ethereum could be broken by AI before quantum computers reach “Q-day”. He urged the blockchain industry to plan for “bunker mode” and recommended a controlled mass migration of assets to fresh addresses whose public keys remain hidden behind a hash. He said holders should not rush or panic and urged major firms to harden cold storage.