Crypto News Today (Live) Updates October 9 : Bitcoin Price,FED News,Zcash Price,Pi Network

Crypto’s mainstream moment is here. S&P Global has unveiled the S&P Digital Markets 50 Index, offering investors diversified exposure to leading digital assets. BlackRock’s Bitcoin ETF is approaching a record $100B AUM, becoming the firm’s top-earning fund among more than 1,000 ETFs. Meanwhile, Tether (USDT) is reportedly raising funds at a $500B valuation, making it the second most valuable “bank” after JPMorgan—with just 200 employees. The future of finance is being rewritten in code.

Bitcoin ($BTC) has once again formed a higher low in its long-term uptrend, signaling continued bullish strength from the demand zone. After testing the $124.5K supply zone and facing brief rejection, analysts note that a sustained move above this level could mark the start of a parabolic expansion phase. With higher lows and higher highs defining the current structure, Bitcoin’s trend momentum remains firmly upward.

Luxembourg’s Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its holdings to Bitcoin ETFs, marking it as the first state-level fund in the Eurozone to embrace crypto. Following a revised investment framework, FSIL is now permitted to dedicate up to 15% of its assets to alternative investments, including digital assets. This move signals growing institutional adoption of cryptocurrencies at the sovereign level in Europe.

Binance Wallet has unveiled Meme Rush, an exclusive platform allowing non-custodial wallet users to discover and join meme token projects easily. Developed in collaboration with Four Meme, the platform uses a Bonding Curve model for fair and transparent launches and offers real-time performance rankings. Verified users get early access, top projects may list on Binance Alpha, and trades during the event earn 4× Alpha Points, incentivizing active participation in the meme token ecosystem.

Over the past 30 days, Long-Term Holders have sold 295K BTC (~9.8K BTC/day). While this is higher than average, it remains well below peak levels seen in May and December 2024 (~800K BTC). Analysts note that such distribution is compatible with a bullish trend, provided market demand continues to absorb the selling pressure—a condition that is currently being met, supporting sustained upward momentum for Bitcoin.

Animoca Brands, via a limited partnership fund by Hong Kong-based DL Holdings and supported by Ripple, plans to tokenize special purpose vehicles (SPVs) primarily on the XRP Ledger (XRPL). The initiative will include ByteDance, Kraken, eSelf AI, a commercial tower in Hong Kong’s Central district, and select Animoca IP. The project aims to bridge TradFi with DeFi for private equity and real estate markets globally, while Hong Kong’s Securities and Futures Commission (SFC) reviews the regulatory framework.

Bitcoin rebounded sharply after dipping just below $121K, avoiding a full drop into the supply zone. Analysts expect further consolidation before the next major leg up, with momentum likely to favor a strong upward trend. This bullish phase could also drive altcoins to outperform, as investors rotate into broader crypto markets following Bitcoin’s recovery. Market watchers are keeping an eye on support levels and accumulation patterns for the next surge.

Binance Japan has entered a capital and business partnership with Japan’s top cashless payment provider, PayPay, which will acquire a 40% stake in the exchange. The collaboration aims to integrate crypto and digital payments, allowing users to buy crypto using PayPay balances and withdraw proceeds directly to PayPay accounts. The partnership also plans to develop new financial services, marking a significant step in bridging crypto with mainstream digital payments in Japan.

Bitcoin has smashed through the $114K–$117K supply zone, reaching fresh highs near $126K in a powerful “Uptober” breakout. The surge is being fueled by robust ETF inflows and strong mid-tier investor accumulation, signaling sustained institutional demand. While on-chain metrics remain solid, analysts caution that rising leverage levels could introduce short-term volatility in the days ahead.

Despite ongoing retail skepticism, over $1.1 billion worth of XRP has been accumulated by large holders, signaling renewed whale confidence. With XRP ETF optimism heating up, analysts suggest that a break above the $3.30 level could trigger a powerful rally, potentially sending XRP soaring by 60–85%. The growing institutional interest points to mounting momentum in anticipation of a possible XRP ETF approval.

Ripple is expanding its footprint in the Middle East, announcing a new partnership with FinTech Bay to strengthen blockchain adoption and education in the Kingdom of Bahrain . The collaboration will also support pilot projects within Bahrain’s growing digital asset ecosystem, paving the way for Ripple to offer its products to financial institutions in the country. This strategic move highlights Ripple’s continued global expansion and its commitment to advancing blockchain innovation in the region.

The latest FOMC Minutes reveal that most Federal Reserve officials believe it will be appropriate to ease monetary policy further later this year. However, a few members suggested they could have supported holding rates steady in September. Notably, some participants questioned whether the current policy stance is truly restrictive, hinting at growing internal debate over how much further rate adjustments may be needed to support economic stability.

Solana-based data company Helius has revealed plans to acquire at least 5% of Solana’s total supply, signaling strong confidence in the blockchain’s growth. The firm also hinted at expanding globally, stating that once market capitalization and regulatory conditions are favorable, its second listing will be in Hong Kong potentially within the next six months. This move underscores rising institutional interest in Solana’s rapidly evolving ecosystem.