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Asia's weekly TOP10 crypto news (Oct 9 to Oct 15)

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Author:0xMingyue Editor:Colin Wu 1. Israel’s War Spurs Crypto Companies like Fireblocks and MarketAcross to Launch Aid Funds link On October 10th, Israel’s crypto and web3 community announced the establishment of the “Crypto Aid Israel” relief fund to raise funds for Israeli citizens who have been displaced and require humanitarian aid due to the conflict with Hamas. This organization will host a multisignature wallet jointly controlled by multiple parties to collect donations denominated in various cryptocurrencies, including BTC, ETH, USDT, and USDC. As of now, the alliance’s members include Fireblocks, MarketAcross, Collider Ventures, CryptoJungle, and the Israel Blockchain Association, with crypto custody platform Fireblocks responsible for managing these assets. 2. Hamas-Related Wallets Once Received Around $41 Million in Cryptocurrency link On October 11th, according to The Wall Street Journal, the Israeli government’s seizure orders and blockchain Analysis reports indicate that...

Bitcoin eyes $25K as BTC price nears best weekly close in 5 months

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Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin's best January in ten years. Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on Bitcoin: $25,000 "in sight" Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight. The move, although short lived, marked the pair's third such attempt to take sell-side liquidity above $23,400 in recent days. In each instance, bulls appeared to lack momentum to reclaim new support levels, and at the time of writing, the status quo remained the same, with Bitcoin trading just below liquidity at $23,250. BTC/USD order book data (Binance). Source: Material Indicators/ Twitter Previous order book data from Binance uploaded to Twitter by monitoring resource Material Indicators demonstrated the firepower n...