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Crypto News: Trump’s Tariff Threat to China Leads to Bitcoin Dip Below $120K – livebitcoinnews.com

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Bitcoin drops below $120K as Trump threatens higher tariffs on China, sparking market-wide volatility and liquidations across cryptocurrencies.
 
Bitcoin experienced a sharp decline after U.S. President Donald Trump threatened to raise tariffs on Chinese imports. This announcement sent shockwaves through the crypto market, causing Bitcoin to drop below the key $120,000 support level. 
The decline in Bitcoin’s price was part of a larger market downturn that affected other cryptocurrencies as well.
Bitcoin was trading just above $121,000 before Trump’s comments but quickly fell below $120,000 after the announcement. 
The sharp drop was linked to the threat of higher tariffs on China, which raised concerns over a new trade war. As a result, Bitcoin’s price suffered a significant drop, breaking through key support levels.
The price of Bitcoin remained volatile after the initial decline, struggling to regain support. Investors were wary of the broader implications of Trump’s comments, which sparked uncertainty in the market. 
With Bitcoin’s price under pressure, many traders chose to sell their holdings.
Bitcoin was not the only cryptocurrency affected by Trump’s tariff threat
Other major cryptocurrencies, including Ethereum, Solana, and Dogecoin, also saw losses. Ethereum dropped below $4,200, falling by more than 3% in just a few hours. Solana and Dogecoin experienced similar declines, with both dropping over 2%.
The broader crypto market reacted negatively to the news. Cryptocurrencies, which are considered riskier assets, tend to be sensitive to macroeconomic uncertainty.
As a result, the market witnessed a widespread sell-off, with investors pulling out of positions to avoid further losses.
The sudden drop in Bitcoin’s price led to a wave of liquidations in the crypto market. CoinGlass data shows that over $420 million in long positions were liquidated within an hour of Trump’s remarks.
Bitcoin and Ethereum accounted for most of these liquidations, with $73 million and $175 million, respectively.
In total, around $895 million in liquidations were recorded within 24 hours. This included both long and short positions, with long positions making up the majority. 
Despite the increased volatility and liquidations, institutional investors continued to buy Bitcoin during the dip, as evidenced by recent inflows into Bitcoin ETFs.
Moreover, Trump’s tariff threat has created renewed uncertainty in the market. While Bitcoin and other cryptocurrencies faced losses, institutional interest remains strong, showing that the crypto sector continues to attract investors. 
Hence, the ongoing volatility reflects the broader economic concerns that continue to shape market sentiment.
LiveBitcoinNews is a leading online platform dedicated to providing the latest news and insights about Bitcoin and the broader cryptocurrency market. It offers timely updates on market trends, regulatory developments, technological advancements, and expert analyses, catering to both seasoned investors and newcomers in the digital currency space. The site features a variety of content, including articles, guides, interviews, and opinion pieces, making it a comprehensive resource for anyone interested in staying informed about the rapidly evolving world of cryptocurrencies.
Contact us: support@livebitcoinnews.com
© Copyright – Livebitcoinnews.com

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Did anyone win Mega Millions last night, Oct. 10, 2025? Mega Millions winning numbers, results – Peoria Journal Star

The Mega Millions lottery jackpot continues to grow after no one matched all six numbers from Tuesday’s Mega Millions jackpot.
Here are the winning numbers for the Friday, Oct. 10, lottery drawing jackpot worth $575 million with a cash option of $264.6 million.
Grab your tickets and see if you’re the game’s newest millionaire.
Friday night’s drawing will take place at 10 p.m. CT. Winning numbers will be posted here. Tuesday night’s winning numbers were 17, 26, 33, 45, 56, and the Mega Ball was 19.
Results are pending.
You only need to match one number in Mega Millions to win a prize. However, that number must be the Mega Ball, worth either $10, $15, $20, $25 or $50.
Matching two numbers won’t win anything in Mega Millions unless one of the numbers is the Mega Ball. A ticket matching one of the five numbers and the Mega Ball is worth either $14, $21, $28, $35 or $70. Visit www.megamillions.com for a complete list of payout information.
The Mega Millions jackpot for Friday night’s drawing continues to grow to an estimated $575 million with a cash option of $264.6 million, according to megamillions.com.
Drawings are held twice a week at approximately 10 p.m. CT every Tuesday and Friday. You can watch drawings via YouTube.
A Mega Millions ticket costs $5 per play. The Multiplier is included in the price of a single $5 wager, according to megamillions.com.
Here’s how to play Mega Millions:
The winning numbers for Wednesday night’s drawing were 8, 10, 44, 48, 54, and the Powerball is 14. The Power Play was 2X.
The current Powerball jackpot continues to grow at an estimated $244 million with a cash option of $114.2 million, after no one matched all six numbers from Wednesday night’s drawing.
Here is the list of 2025 Mega Millions jackpot wins, according to megamillions.com:
Here are the all-time top 10 Mega Millions jackpots, according to megamillions.com:
Here are the nation’s all-time top 10 Powerball and Mega Millions jackpots, according to powerball.com:
Chris Sims is a digital content producer for Midwest Connect Gannett. Follow him on Twitter: @ChrisFSims.

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Breaking $3.20 key for Ripple’s Q4 run – Will XRP whales follow? – AMBCrypto

XRP whales are offloading: Sell pressure mounts around Q4 target.
XRP whales and STHs are taking profits, driving consistent outflows and reinforcing the $3.20 resistance, while smart money chases upside elsewhere.
Whale flow (30DMA) hitting $50 million/day signals mounting selling pressure. Meanwhile, persistent capitulation by STHs and whales suggests near-term downside risk is elevated.
Ripple [XRP] whales are running out of patience.
Technically, it’s the only large-cap in the red for October, down 1.09% from a $2.80 open. Another 7% drop and all of September’s 2.56% gains get flushed. Moreover, XRP’s been printing lower highs since July.
Put simply, the bulls are losing steam, and September’s $3.20 peak just reinforced the ongoing downtrend bias. Consequently, that level is now a key resistance.
XRP will need to break it to keep bullish Q4 hopes alive.
Source: TradingView (XRP/USDT)
However, short-term holder NUPL has dipped into the “capitulation” zone twice in under a month, signaling fading confidence among recent buyers (holding >155 days) who are still sitting on net gains of roughly 27%.
This reinforces AMBCrypto thesis: Patience among XRP HODLers is wearing thin, and Q4 bullish expectations are cracking, forcing STHs to take profits before a deeper dip eats into gains.
The question now: Are these holders seeing something the market hasn’t priced in, or just playing it safe? With XRP whales making moves, this could be STHs front-running a bigger slide toward a breakdown.
XRP whales are following STHs’ lead.
Notably, smart money is trimming positions as net gains are realized. With XRP’s NRPL (Net Realized Profit/Loss) in the green, STHs are taking profits, and whales cutting back adds fuel to fears of a deeper correction.
The chart shows XRP whale flow (30DMA) hitting $50 million/day for the first time since August. Back then, XRP dropped 8.16% for the month while other alts stayed green, showing bid support was fading.
Source: CryptoQuant
In short, XRP’s relative weakness vs. other large-caps isn’t random.
Big money is chasing upside, and it’s clearly skipping Ripple. With STHs and whales offloading, the $3.20 level is acting as strong resistance. Thus, October could mark XRP’s third straight lower high since July.
Disclaimer:
AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
© 2025 AMBCrypto

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Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist – TradingView

Bitcoin’s price may recover up to 21% over the coming seven days if October’s historical trends hold, an economist suggests.
“Drops of more than 5% in October are exceedingly rare. This has happened only 4 times in the past 10 years,” economist Timothy Peterson said in an X post on Friday.’
He said those instances occurred in October 2017, 2018, 2019, and 2021. In the week following each drop, Bitcoin (BTC) rebounded by 16% in 2017, 4% in 2018, and 21% in 2019. The only exception was 2021, when the crypto asset fell a further 3%.
October is often dubbed “Uptober” for its historically strong returns.

Cryptocurrencies, Bitcoin Price


Since 2013, October has been Bitcoin’s second-best performing month on average, delivering an average return of 20.10%, trailing only November, which has had an average gain of 46.02%, according to data from CoinGlass.
If history repeats, Bitcoin may skyrocket to $124,000
Peterson’s comments came after Bitcoin plunged to $102,000 on Friday following US President Donald Trump’s announcement of a 100% tariff on China.
At the time of publication, Bitcoin has already slightly recovered to $112,468, after only reaching a new all-time high of $125,100 on Monday, according to CoinMarketCap.

Cryptocurrencies, Bitcoin Price


If history repeats and Bitcoin mirrors its strongest October rebound — the 21% surge in 2019 — a similar move from Friday’s low of $102,000 would place the cryptocurrency just below its latest all-time high, around $124,000, within a week.
Bitcoiners emphasize that it is still early in October
Several other Bitcoin advocates remain confident that the uptrend will continue.
In an X post on Friday, Jan3 founder Samson Mow said, “There are still 21 days left in Uptober.” MN Trading Capital founder Michael van de Poppe said, “This is the bottom of the current cycle.”
“The biggest liquidation crash in history. COVID-19 was the bottom of the previous cycle,” he said.
Some analysts took a longer-term view. The Bitcoin Libertarian said, “In a few years, Bitcoin will crash from $1M to $0.8M in a few hours, and we’ll all be talking about a new record high amount of liquidations.”
“Let history repeat,” he said.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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The Bitcoin Core v30.0 Update: What's New and Why It Matters – OneSafe

Bitcoin Core v30.0 has just been released in test form, and it’s one of the more significant updates in the protocol’s history. Most notably, it introduces an increased limit to the OP_RETURN data field, from 80 bytes to 100,000 bytes. This change enables a greater array of on-chain possibilities, which could stretch far beyond financial uses. But this bold move has split the Bitcoin community; some worry it will compromise the network’s integrity.
Historically, OP_RETURN has been used to include small data snippets into Bitcoin transactions, with the aim of allowing various applications (like timestamping documents) without impacting the network. The removal of the 80-byte limit opens the door for a much broader applications of the feature, including identity management and smart contracts. However, this comes at a cost; the concern about blockchain bloat looms large.
New Capabilities: With a limit increase, the potential use cases for OP_RETURN expand dramatically. Businesses could implement decentralized identity systems and other distributed applications requiring significant on-chain data.
More Transparency: On-chain data could provide more transparency about the transactions, increasing trust among participants. It would facilitate immutable records of employee payment transactions, for instance.
Decentralized Payroll Opportunities: The possibility of decentralized payroll platforms becomes more tangible with the ability to store detailed salary records on-chain.
Bloat: Larger transaction sizes may lead to more significant network bloat, making it more complicated for individual nodes to keep their operations efficient.
Spam Risks: Larger limits could expose the network to spam attacks, acting as a burden when transaction volumes are high.
Community Friction: The reaction from the Bitcoin community has been deeply polarized; some members fear it opens the door to a slippery slope, whilst others see it as a necessary evolution.
This will undoubtedly lead to a plethora of new developments, from decentralized finance solutions to potentially useful integrations with emerging technologies. The capabilities may also extend to the realms of regulatory compliance, enabling fully on-chain records that adhere to legal standards.
In conclusion, Bitcoin Core v30.0 depicts a critical juncture in the cryptocurrency landscape. Although offering new avenues for innovation, it does not come without risks. The balance between embracing growth and preserving the fundamentals of the Bitcoin network will be crucial moving forward.

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