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China’s top leadership has called for a national blockchain network as one of 19 measures in a new economic blueprint. The same document warns officials against creating bubbles and abandoning the real economy for the virtual one. A blockchain is a shared digital record kept across many computers. Beijing wants the technology, yet the plan says nothing about Bitcoin or any other cryptocurrency. What China’s Blockchain Plan Actually Says The Communist Party’s Central Committee and the State Council, China’s cabinet, issued the policy on October 9. State news agency Xinhua carried it on the government’s website the same day. The…
In brief George Washington University physicists Neil Johnson and Frank Yingjie Huo published a formula that estimates how many good tokens an AI model produces before its first bad one. In the preprint, the formula correctly predicted whether a model would tip immediately or after a delay in 15 of 16 clear-cut cases. The authors propose a parallel monitor that flags when models below a safety threshold. Physicists at George Washington University have published a formula that estimates how many good answers an AI chatbot will give before it slips into a bad one, and early tests suggest it works.The…
“People were keenly aware, like me, they were bulled up because it was ‘go’ time,” Connors said. “We were going to go to that $250,000 to $300,000, $400,000 level using previous cycles.”Instead, the market turned against them.”The movement was obviously not onchain data. I mean, it was all derivatives,” he said. “So paper bitcoin again is alive and well and governs the near term.” The lesson, he argues, is that bitcoin’s price can be driven as much by leveraged bets as by demand for the asset itself.That hasn’t changed much in the past year. Perpetual futures, which allow traders to…
Bitcoin (BTC) and ether (ETH) liquidity rebounds a year after $19 billion crypto flash crash
Altcoins left behindFor altcoins, the picture is reversed. In CoinDesk Research’s basket of altcoins, dollar depth was greatest on Jan. 1, 2025, and has been lower on each date measured since.Depth at 5% from the price is down about a third since the start of 2025, to around $2 million. Closer to the price, at 1%, it has fallen by about a sixth.Measured in tokens, alt depth looks healthier: it peaked on Jan. 1 this year and has eased only modestly since. But analysts said that token-unit recovery was mostly due to falling prices, masking a steady erosion in committed…
ADA was among the top performers earlier this week before it crashed by double digits. However, it’s back on the offensive on Saturday. Despite the major leg down at the end of the business week, on-chain data showed that the daily active addresses on the Cardano network surged to roughly 1.7 times September’s weekday average following the launch of a new token standard. At the same time, Cardano reached a substantial milestone in its bid for a .ada internet domain. On-Chain Activity Pumps Data from Santiment Intelligence shows that Cardano recorded approximately 27,500 daily active addresses on October 7 and…
Over $19 billion was wiped out a year ago and BTC is still facing the consequences. October has a very solid reputation in the cryptocurrency markets as “Uptober” – a green month that has historically led to major gains. Last year’s edition was quite historic. On the one hand, BTC skyrocketed to its latest all-time high of roughly $126,000. On the other hand, though, it experienced its worst liquidation event ever. This weekend marks the first anniversary of the latter. A Date to Remember In the days leading up to October 10, more on that date in a second, BTC…
“The big proposition is access,” co-founder Bhau Kotecha told CoinDesk in an interview. Gold lending has historically required scale and relationships unavailable to many investors, he said.Kotecha sees demand from individuals, family offices and institutions, with borrowing against PAXGy a possible next step. Lending returns are not guaranteed, and borrower defaults could erode the token’s value.Silver offers another route into that financing market. Theo’s thSLVR product passes income from institutional silver leases to holders while maintaining exposure to the metal’s price.Theo Chief Investment Officer Iggy Ioppe sees growth coming from existing commodity owners and users: institutions seeking productive collateral, refiners…
Mutsamudu, Comoros, October 9th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, and Payward, the parent company of Kraken, shared their perspectives on the convergence of crypto and traditional finance during a TOKEN2049 Singapore panel. MEXC CEO Vugar Usi Zade and Payward Co-CEO Arjun Sethi, discussed how broader market access, retail demand and collaboration between platforms could shape the future of global trading. Crypto and TradFi Move Closer Together An important theme was the shift toward more connected, always-on markets. Vugar said blockchain infrastructure is challenging traditional market structures built around fixed trading hours, while users increasingly expect…
Tallinn, Estonia, October 8th, 2026, Chainwire SaaS and eCommerce increased their combined share from 48.26% to 55.54%, while Trading moved from 14.07% to 13.15%. Businesses can build stablecoin infrastructure around the wrong problem. The mistake is treating stablecoins primarily as a coin-and-network decision. For a digital business, they may need to support a much broader set of operating workflows, including billing, checkout, settlement, payouts, and reconciliation. Which of those workflows matters most depends on the business model. New aggregated data from NOWPayments shows the industry mix shifting toward businesses that use payments as part of their day-to-day operations. Between January…
NEW YORK, NY, UNITED STATES, October 8, 2026 — Firms Directory, an online business discovery platform, is expanding its services with free promotional features designed to help businesses strengthen their online presence, share company news and improve their visibility within the directory. Available at FirmsDirectory.com, the platform organizes companies across 29 major industries and provides dedicated business profiles, company claiming and verification, free article links for verified users, and a daily homepage promotion feature. These tools are designed to give businesses additional opportunities to showcase their companies and bring attention to their latest announcements without requiring a paid promotional package.…

