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Big crypto week ahead? What to watch for in the ‘Uptober’ homestretch

The post Big crypto week ahead? What to watch for in the ‘Uptober’ homestretch appeared com. This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. As we detail what to watch on this week’s crypto/macro front, let’s first look back to some telling economic data. Friday’s CPI report showed overall and core inflation increased 3% over the 12 months ending in September. This impacted risk assets, with S&P 500 futures rising to a new record and bitcoin reclaiming the $111,000 level. BTC continued to climb early Monday, hovering 6% higher than a week ago by midday. The “softer-than-expected” CPI print “reinforced the Fed’s dovish pivot,” according to 21apo Bank’s Gadi Chait said in a statement. BTC’s return for October was barely in the green just after Noon ET. If it holds throughout the week, the “Uptober” narrative would be satisfied for a seventh-straight year: The latest BTC bounce came two weeks after a historic wave of liquidations rocked crypto markets. This event “dramatically reduced excess positioning across major centralized venues,” Hernandez noted. “With positioning cleaned up and macro easing now confirmed rather than speculated, the foundation for upside looks materially stronger,” he added. Not everyone is bullish about BTC’s near-term outlook. Ledn CIO John Glover noted Friday that, according to his Elliott Wave.

business economy Technology

iPhone 18 Pro Rumored To Feature 48MP Telephoto Camera With A Larger Aperture On Top Of Variable Aperture Technology; Base Model To Launch In Early 2027

Apple has been reported to introduce variable aperture technology to the iPhone 18 Pro and iPhone 18 Pro Max on a few occasions, and is working with various suppliers for the necessary parts. The Cupertino firm brought a telephoto zoom lens for the first time when it launched the iPhone 15 Pro Max and has slowly been adopting exclusive upgrades for its top-tier models. Fortunately, a new rumor claims that in addition to variable aperture technology, the 48MP telephoto unit will be treated to a larger aperture. Base iPhone 18 will be delayed to 2027, likely to make way for Apple’s [.].

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