THORChain has rejected Bitget's request to block stolen funds following a massive $387.5 million hack, defending its permissionless design and stating that emergency network halts cannot be used to freeze specific wallets.
Cryptocurrency exchange Bitget suffered a $351.6 million hack affecting hot and warm wallets, though CEO Gracy Chen confirmed private keys remained safe and the User Protection Fund will cover all losses.
Bitcoin price pulled back toward $84,700 following a retreat from highs above $87,000, driven by slowing spot Bitcoin ETF inflows, rising Treasury yields, and a security breach at the Bitget exchange.
XRP maintains its price around $1.50 as large-scale whale withdrawals and derivatives open interest rise across Binance and Hyperliquid. Analysts highlight potential breakout targets up to $31.87.
U.S. spot Bitcoin exchange-traded funds experienced a sharp flow reversal with daily outflows as October commenced, even as BTC price held resiliently above $85,000 following a strong third-quarter recovery.
The U.S. Treasury prepares for a long-end debt buyback targeting up to $4 billion or higher, as long-term bond yields remain above 5% and exert ongoing pressure on risk assets like Bitcoin.
A golden cross pattern has emerged on the XRP price chart alongside surging spot ETF inflows exceeding $121 million in September. Technical indicators and growing Ripple USD supply point to potential recovery ahead.
Bitcoin closed Q3 2026 with a 43% gain, marking its strongest third quarter since 2017, driven by institutional ETF inflows, corporate accumulation, and falling Federal Reserve rate hike odds.
