Why Is Crypto Market Crashing on Oct. 8?
The major cryptocurrencies have slipped into the red zone. What else is happening in the crypto market on Oct. 8?
Stay ahead of the crypto curve with in‑depth coverage of the digital‑asset ecosystem. Here you’ll find the latest on new coin launches, regulatory shifts, wallet innovations and market movements across major chains. Whether you’re a seasoned trader or just exploring the space, our timely updates offer clarity on the crypto universe’s fast‑evolving landscape.
The major cryptocurrencies have slipped into the red zone. What else is happening in the crypto market on Oct. 8?
Bitcoin pulled back 4% to $120,000 after hitting $126,192, as long-term holders moved $3.9 billion in dormant BTC—the largest transfer this year.
CruTrade debuts a secondary wine marketplace on Avalanche blockchain, allowing collectors to trade tokenized bottles while returning 25% of fees to producers.
CEA Industries disclosed holdings of 480,000 BNB tokens valued at $585.5M, alongside $77.5M in cash, bringing total assets to $663M as it pursues aggressive expansion.
S&P Global unveils Digital Markets 50 Index merging cryptocurrencies with crypto-related equities, partnering with Dinari for potential token launch by year-end.
CleanCore Solutions reports over 710 million DOGE holdings with $20M+ unrealized gains since September 2025, though its stock fell 7% post-announcement.
Bitcoin life insurance firm Meanwhile secures $82 million in new funding from Bain Capital and Haun Ventures, totaling $122 million raised in 2025.
Binance Coin (BNB) surged 7% today to above $1,300, pushing its market cap to $183 billion and surpassing XRP and USDT.
Polymarket is on the verge of a landmark $2 billion investment from NYSE parent ICE, potentially valuing the crypto-powered prediction platform up to $10 billion
BNY Mellon is exploring the launch of tokenized deposits to allow its clients to make complete payments through blockchain technology.
Dogecoin debuted the Cardinals Index Node as speculations of Tesla running a node potentially accelerate DOGE adoption.
Fasset has become the world’s first stablecoin-powered Islamic digital bank after securing approval from Malaysia to offer full-service digital banking.
The Smarter Web Company announced the purchase of an additional 25 BTC, further expanding its Bitcoin chest to 2,550 BTC.
Citadel CEO Ken Griffin highlighted that investors are increasingly moving capital into Bitcoin, gold, and silver as the US dollar loses value.
India is set to launch an RBI-backed digital currency that will function like regular money on blockchain.