Bitcoin Price Hovers Near $81K as Analysts See Potential Market Bottom
Bitcoin slipped below $81,000 on Oct. 16 amid heightened market volatility, but analysts remained cautiously optimistic, suggesting a potential local bottom.
The Binance funding rate flashed a bearish bias, but is that all?
Bitcoin Magazine BFFS26 Denver: Joseph Kelly on Bitcoin Custody and Credit; Alan Lane on Banking Lessons CPAs, wealth advisors, and lenders gather in Denver for BFFS26, featuring Patrick Lowry on public-company Bitcoin treasury reserves and Wyoming Deputy Secretary of State Colin Crossman on regulatory outlook.
October 16, 2026, 7:44 pmBitcoin Magazine Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares Bitcoin is still reacting to weekly data but long-term investors shouldn’t be worried, according to the European asset manager.
October 16, 2026, 6:30 pmBitcoin slipped below $81,000 on Oct. 16 amid heightened market volatility, but analysts remained cautiously optimistic, suggesting a potential local bottom.
Michael Saylor’s bitcoin treasury company Strategy has announced plans to begin paying daily cash dividends on its STRC preferred shares starting Nov. 2, pending shareholder approval of changes to its dividend structure. The company also intends to maintain STRC’s 12% annual dividend rate as it seeks to keep the stock trading near $100 per share.
Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report The German lender is moving fast with its crypto custody service.
The banking giant stressed that this move is part of a strategy to achieve an 8% compound annual growth rate in its corporate banking services by 2028. Deutsche Bank co-head Gerald Podobnik said these services will complement the bank’s traditional offerings.
MSCI approved rules threatening Strategy's index membership as its shares trade nearly 69% below their peak. On Oct. 15, the global index provider announced that it would adopt a new methodology excluding companies classified as non-operating businesses from its Global Investable Market Indexes. The changes take effect after the Nov.
Technical indicators suggest the bullish trend remains intact, but prediction market traders are sending mix signals.
Bitcoin held above $80,000 as South Korean tech stocks recovered from a sell-off and traders lowered their expectations for a Federal Reserve interest-rate hike.
Bitwise CIO Matt Hougan argues that bitcoin could benefit across radically different AI-driven economic outcomes, from a productivity boom to a recessionary crash. His thesis rests on one idea: Whether the world gets more abundance, more money creation, or simply more adoption, scarcity still favors bitcoin.
Standard Chartered is introducing a cryptocurrency trading solution that lets its wealthy UAE clients buy and sell Bitcoin and Ethereum directly through their existing bank accounts in a closed-loop system with institutional custody.