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Bitcoin Rockets to Nearly $124K, But Falls Short of Breaking Record

Bitcoin surged on October 3, 2025, nearing its all-time high of $124,128 set in mid-August. The price climbed from around $120,000 to a peak of $123,855 before retreating slightly, remaining up 1.3% on the day and more than 11% over the past week. This movement coincided with the U.S. government shutdown, which increased interest in cryptocurrencies and hard assets like Bitcoin. Traders betting against Bitcoin faced significant losses, as approximately $153 million worth of shorts were liquidated in a single day. The surge in Bitcoin's price reflects broader market trends where low interest rates may stimulate demand for cryptocurrencies, traditionally viewed as stores of value. Analysts believe that Bitcoin could potentially reach new heights soon, with speculations of prices going up to $135,000. The optimism in the crypto market is further supported by the correlation of Bitcoin and gold prices rising amidst economic uncertainties. Overall, Bitcoin's performance is shaping up to be promising as it gains popularity and resilience against traditional market fluctuations.

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USDT Issuer Tether to Launch Tokenized Gold Treasury Firm With Antalpha

Tether, the issuer of the USDT stablecoin, plans to collaborate with the crypto miner financing firm Antalpha to launch a digital asset treasury focused on tokenized gold. The project aims to raise at least $200 million to create a treasury that will hold Tether Gold (XAUT), the largest gold-backed token

Judge tosses lawsuit against Yuga Labs over failure to satisfy Howey test

A U.S. judge has dismissed a lawsuit against Yuga Labs, asserting that the investor plaintiffs failed to prove that the company's non-fungible tokens (NFTs), specifically the Bored Ape Yacht Club (BAYC) collection, classify as securities under the SEC's Howey Test. Judge Fernando M. Olguin determined

Nothing Illegal: Creator of ICE Tracking App Plans Legal Action After Apple Removal

Joshua Aaron, creator of the ICE tracking app ICEBlock, plans to take legal action following its removal from the Apple App Store. The app, which allowed users to report U.S. Immigration and Customs Enforcement (ICE) activity, was taken down after pressure from the federal government, particularly from the U.

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