According to Farside Investors’ monitoring, U.S. spot Bitcoin ETFs saw a net inflow of $175.7 million yesterday. Of that total, IBIT recorded a net inflow of $65.9 million, while FBTC posted a net inflow of $103.1 million. Ethereum ETFs logged a net inflow of $24.8 million, with FETH bringing in $8.1 million and Grayscale’s Ethereum product seeing a net inflow of $16.7 million.
Strive increases its Bitcoin holdings by another 2,822 coins at an average price of approximately $83,266.
Bitcoin treasury firm Strive filed an 8-K document today disclosing that it added 2,822 Bitcoin to its holdings between October 12 and 13, at an average price of approximately $83,266 per coin. The acquisition cost $235 million, bringing its total Bitcoin position to 35,600 coins.
2 minutes ago
Tether AI Research has unveiled its on-device speech recognition model TranscribePsy, designed for smart glasses and humanoid robots.
Tether AI Research has released an open-source multilingual automatic speech recognition (ASR) model named QVAC TranscribePsy, which has around 254 million parameters and can run fully on-device—no audio upload to the cloud required. The company noted the model can process audio from smart glasses connected via Bluetooth or Wi-Fi in near real time, and also operate on onboard processors of humanoid robots. On the Core ML version for iPhone 17 Pro Max, transcribing 10 minutes of audio takes roughly 1.65 seconds. According to its published benchmark data, TranscribePsy achieves a word error rate (WER) of 8.02% on the Open ASR Leaderboard, 6.58% on Multilingual LibriSpeech, and 21.56% on Common Voice. Among six tested smartphones, it is the fastest in speed, approximately 2.6 times faster than the second-fastest model. The model supports 25 European languages for laptops and 8 European languages for mobile phones, with model weights and builds in formats including GGUF and Core ML released under the Apache 2.0 license. Tether CEO Paolo Ardoino stated that he hopes advanced speech AI can run locally on users’ own devices, ensuring data does not leave the device.
2 minutes ago
Physical Intelligence opens its robot model API: Picking strawberries, assembling servers, new actions can be trained in just 4 days.
Beating AI News Flash: U.S.-based robotics AI firm Physical Intelligence (Pi) has launched the beta version of its Pi API, opening access to its foundational robotics model to more enterprises. Developers only need to upload robot operation data to fine-tune the model on Pi’s cloud computing power, then control their own robots via the API. There’s no need to train models from scratch or build complex training and inference infrastructure independently. Pi showcased real-world use cases from multiple partners, including AgRobotics’ strawberry-picking robots, autonomous loaders for self-driving trucks, and robots for food processing and server assembly. Among these, startup Almond used the Pi API to get its dual-arm robot to learn polishing the parts required for its own assembly after just 4 days of iterative training and testing. Pi had previously open-sourced robotics models such as π0 and π0.5, but developers still had to deploy and train them on their own. This time, the company has further packaged model fine-tuning, computing power, and inference services into an API, aiming to become a shared intelligent foundation for various robots. However, test access is still by application only, and pricing has not been announced yet.
2 minutes ago
Spark: Q3 Net Protocol Revenue Surpasses $4 Million, Stablecoin Swap Layer Hits Over $14 Billion in Trading Volume in Its First Month
DeFi lending protocol Spark has disclosed that its net protocol returns exceeded $4 million in the third quarter of 2026. In the first half of the year, DeFi lending spreads narrowed significantly, with lending capital profitability turning negative in the second quarter. After driving growth for Spark Savings USDT in Q3, related returns rebounded above capital costs. During the same period, Spark partnered with Uniswap and Sky to launch a stablecoin swap layer, which went live with $150 million in USDS liquidity, offering stablecoin swap services to banks, fintech firms and payment companies, and recorded over $14 billion in trading volume in its first month.
2 minutes ago
Morgan Stanley's Q3 net revenue hit $20.34 billion, exceeding the consensus estimate of $19.89 billion.
Morgan Stanley released its third-quarter financial results, reporting net revenue of $20.34 billion, exceeding the consensus estimate of $19.89 billion. The firm posted earnings per share of $3.03 for the quarter, while net interest income came in at $3.25 billion, beating the forecast of $2.78 billion.
2 minutes ago
Dutch central bank approves Qivalis' electronic money institution license, bringing euro stablecoin issuance a step closer.
Qivalis, an alliance backed by 37 major European banks, has secured an electronic money institution (EMI) license from De Nederlandsche Bank (DNB, the Dutch central bank), bringing it closer to issuing euro-denominated electronic money tokens (EMT), a regulated stablecoin format. The firm still needs to fulfill remaining requirements under the EU’s Markets in Crypto-Assets (MiCA) regulation, including publishing a whitepaper, and plans to distribute the tokens via banks, crypto exchanges, and payment service providers over the coming months rather than directly to consumers. Under the EU MiCA framework, EMTs must be pegged to a single fiat currency, issued by authorized credit institutions or EMIs, redeemable at par at any time, and non-interest bearing. Since its launch in September 2025, the Qivalis alliance has expanded to include 37 European banks including BBVA, BNP Paribas, ING, and DZ Bank, and has selected Fireblocks to provide digital asset infrastructure.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Standard Chartered has unveiled a new crypto trading service that lets eligible affluent clients buy and sell Bitcoin and Ethereum directly through their existing bank accounts. This marked a first for the bank and for an international lender in the UAE.
Standard Chartered Enables Direct Bitcoin and Ethereum Trading Standard Chartered launched a first-of-its-kind crypto trading solution for affluent clients, according to an official announcement on October 14. Eligible professional clients in the UAE can now buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through their existing bank accounts.
It becomes possible through a strategic collaboration between the bank’s Wealth and Retail Banking (WRB) and Corporate and Investment Banking (CIB) businesses, alongside SC Ventures-backed Zodia Markets, and regulation by Dubai’s Virtual Assets Regulatory Authority (VARA).
The crypto trading solution integrates institutional-grade custody, liquidity, and client access within a single, end-to-end digital asset ecosystem. Transactions will run within the bank’s ecosystem under a closed-loop model, reducing wallet risks.
This will enable clients to access crypto assets with their existing banking relationship while benefiting from institutional-grade custody and operational safeguards.
Samir Subberwal, Global Head of Wealth Solutions, Retail Products, Data & Analytics at Standard Chartered, described the launch as a significant milestone that brings crypto assets into the bank’s core wealth offering. He added that clients demand secure, regulated access as digital assets move into the mainstream.
“We are proud to be the first international bank in the UAE to launch a cryptocurrency trading offering,” said Rola Abu Manneh, CEO for UAE, Middle East and Pakistan at Standard Chartered.
Expanding Crypto Capabilities Across UAE Institutional and Wealth Services The launch builds on Standard Chartered’s broader crypto assets activities in the UAE and other key regions. This builds on Standard Chartered’s launch of spot crypto trading in Bitcoin and Ethereum for institutional clients in the UAE last month.
The service lets eligible institutional clients trade deliverable BTC/USD and ETH/USD through familiar electronic FX platforms, with settlement options including the bank’s own digital asset custody.
As CoinGape reported earlier, Standard Chartered launched institutional USDC minting and redemption through DIFC, becoming the first G-SIB to offer institutional access to USDC through a regulated banking channel.
Recently, Standard Chartered announced institutional custody support for Ripple’s RLUSD stablecoin on the XRP Ledger. The bank also joined Ripple and LMAX Group to enable RLUSD as eligible collateral.
Leading cryptocurrencies posted steady gains on Tuesday as investors awaited September’s consumer inflation data against a backdrop of elevated oil prices.
Crypto Market SteadyBitcoin crossed $84,000 but failed to sustain the rally, while Ethereum consolidated around the $2,500 region. XRP and Dogecoin recorded noticeable spikes.
Cryptocurrency-related stocks also dipped, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 0.33% and 1.43%, respectively.
More than $190 million was liquidated across the cryptocurrency market in the last day, largely from bearish short positions, according to Coinglass data.
Bitcoin’s open interest rose by a modest 0.34% over the last 24 hours, matching the movement in spot price. Derivatives traders were net short on BTC as the Long/Shor Ratio slipped below 1.
"Greed" sentiment persisted in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.908 trillion, following an increase of 1.20% from the previous day.
Read Next
Stock Market Feels the StrainStocks ended in the red on Tuesday. The Dow Jones Industrial Average shed 180.45 points, or 0.35%, to close at 51,670.10. The S&P 500 closed 0.02% lower at 7,805.45, while the tech-heavy Nasdaq Composite fell 0.15% to end at 27,204.38.
The United States Oil Fund (NYSE: USO), which tracks WTI crude oil, rose 1.36% to $153.09 as Iran reportedly outlined new tactics to disrupt shipping and keep global oil prices elevated.
All eyes will be on Wednesday’s Consumer Price Index report as investors look for clues on the future path of monetary policy.
Bitcoin FOMO FadesAli Martinez, a widely followed cryptocurrency analyst and trader, highlighted a setup similar to a previous bounce, in which holding the 200-Day Simple Moving Average and closing above the 50-Day Simple Moving Average triggered a rally for Bitcoin.
“The key level to watch is $84,000, where the 50 SMA currently sits. A 4-hour close above it could confirm the next leg higher to $93,000,” the analyst added.
On-chain analytics firm Santiment reported Ethereum leading in social sentiment, with 2.05 bullish comments per bearish one across X, Reddit, and Telegram, while commentary for Bitcoin turned predominantly bearish.
Russia continues the integration of cryptocurrencies in its financial system, with a growing role for traditional banks. Sberbank, the largest banking institution in the country, has just obtained authorization to trade digital assets. The bank is already preparing operations on Bitcoin, Ethereum, and USDT in its application. This advance accompanies the establishment of a market regulated by the Russian authorities, who want to organize the exchange and custody of cryptocurrencies.
In brief Sberbank obtains authorization to trade cryptocurrencies in Russia. The bank tests transactions in bitcoin, ether and USDT in its application. The launch of the first products is scheduled for December 1st. Starting next July, cryptocurrency transactions will have to go through authorized intermediaries. Sberbank gets the green light to trade cryptocurrencies The Bank of Russia has registered Sberbank in the register of authorized providers to exchange cryptocurrencies, according to the Interfax agency. This decision follows the bank’s registration as a digital custodian at the beginning of the month. It can thus prepare services covering two distinct activities: trading and custody of digital assets.
The register now includes nine organizations, including VTB and T-Invest Lab. This evolution marks a change of direction compared to the project presented by the central bank in 2022. At that time, the institution planned to ban national exchange platforms and block the operations of Russian financial intermediaries on cryptocurrencies.
However, a law that came into force on September 1st now establishes a regulated framework. It provides for the participation of banks, brokers, exchange platforms, and digital custodians. In this system, authorized traders can buy and sell cryptocurrencies with their own funds, without going through an organized platform. According to the Bank of Russia, custodians are responsible for recording asset ownership and transfers.
Bitcoin, ether and USDT: the first tests in the application Thanks to these two authorizations, Sberbank will be able to combine trading services with custody services. The bank has also been working on a cryptocurrency wallet since the beginning of the year. According to Interfax, it plans to launch its first products on December 1st, directly from the interfaces its clients already use.
The institution is currently testing transactions on several digital assets in its application. The trials focus notably on Bitcoin, Ethereum, USDT, and other major tokens. However, the Bank of Russia still needs to define the final list of authorized cryptocurrencies, as indicated by Sberbank to the media Vedomosti. This decision will therefore determine the assets accessible to future users of banking services.
This openness remains subject to precise restrictions. National payments in cryptocurrencies remain prohibited in Russia. In addition, the central bank plans that from next July, transactions will have to go through authorized intermediaries. This rule would effectively exclude peer-to-peer exchanges settled by means of Russian bank accounts.
In the short term, Sberbank must finalize its services while respecting regulatory requirements. The launch announced for December 1st will mark a new stage in crypto regulation in Russia. The final list of authorized assets and the access modalities will then specify the scope of this offer. The evolution of the system will depend notably on the rules set by the central bank and their application to client operations.
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Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Physical Intelligence opens its robot model API: Picking strawberries, assembling servers, new actions can be trained in just 4 days.
Beating AI News Flash: U.S.-based robotics AI firm Physical Intelligence (Pi) has launched the beta version of its Pi API, opening access to its foundational robotics model to more enterprises. Developers only need to upload robot operation data to fine-tune the model on Pi’s cloud computing power, then control their own robots via the API. There’s no need to train models from scratch or build complex training and inference infrastructure independently. Pi showcased real-world use cases from multiple partners, including AgRobotics’ strawberry-picking robots, autonomous loaders for self-driving trucks, and robots for food processing and server assembly. Among these, startup Almond used the Pi API to get its dual-arm robot to learn polishing the parts required for its own assembly after just 4 days of iterative training and testing. Pi had previously open-sourced robotics models such as π0 and π0.5, but developers still had to deploy and train them on their own. This time, the company has further packaged model fine-tuning, computing power, and inference services into an API, aiming to become a shared intelligent foundation for various robots. However, test access is still by application only, and pricing has not been announced yet.
7 minutes ago
Spark: Q3 Net Protocol Revenue Surpasses $4 Million, Stablecoin Swap Layer Hits Over $14 Billion in Trading Volume in Its First Month
DeFi lending protocol Spark has disclosed that its net protocol returns exceeded $4 million in the third quarter of 2026. In the first half of the year, DeFi lending spreads narrowed significantly, with lending capital profitability turning negative in the second quarter. After driving growth for Spark Savings USDT in Q3, related returns rebounded above capital costs. During the same period, Spark partnered with Uniswap and Sky to launch a stablecoin swap layer, which went live with $150 million in USDS liquidity, offering stablecoin swap services to banks, fintech firms and payment companies, and recorded over $14 billion in trading volume in its first month.
7 minutes ago
Morgan Stanley's Q3 net revenue hit $20.34 billion, exceeding the consensus estimate of $19.89 billion.
Morgan Stanley released its third-quarter financial results, reporting net revenue of $20.34 billion, exceeding the consensus estimate of $19.89 billion. The firm posted earnings per share of $3.03 for the quarter, while net interest income came in at $3.25 billion, beating the forecast of $2.78 billion.
7 minutes ago
Dutch central bank approves Qivalis' electronic money institution license, bringing euro stablecoin issuance a step closer.
Qivalis, an alliance backed by 37 major European banks, has secured an electronic money institution (EMI) license from De Nederlandsche Bank (DNB, the Dutch central bank), bringing it closer to issuing euro-denominated electronic money tokens (EMT), a regulated stablecoin format. The firm still needs to fulfill remaining requirements under the EU’s Markets in Crypto-Assets (MiCA) regulation, including publishing a whitepaper, and plans to distribute the tokens via banks, crypto exchanges, and payment service providers over the coming months rather than directly to consumers. Under the EU MiCA framework, EMTs must be pegged to a single fiat currency, issued by authorized credit institutions or EMIs, redeemable at par at any time, and non-interest bearing. Since its launch in September 2025, the Qivalis alliance has expanded to include 37 European banks including BBVA, BNP Paribas, ING, and DZ Bank, and has selected Fireblocks to provide digital asset infrastructure.
7 minutes ago
DigUp Overhauls Mac Search With Google’s New Model: Locate a Specific Shot in a Video Even If You Forget the Filename
Dongcha Beating AI News Flash: Finding files on Mac typically requires remembering names or keywords. If you only recall a zebra appearing in a video segment, or a podcast episode discussing sleep, traditional file search tools are of little help. Independent developer Abdur Rahim’s open-source tool DigUp solves this by enabling direct content-based file searches. Type in "zebra in video" and it will jump to the exact frame where the zebra appears; search for "segment discussing sleep" and it will pinpoint the relevant timestamp in the podcast. It can also search photos, PDFs, and even open the exact page of a specific clause in a contract. DigUp leverages Google DeepMind’s EmbeddingGemma 2 model, released on October 6. This model converts text, images, audio, and video into comparable numerical features, allowing users to find corresponding visuals or audio based on a text description. DigUp pre-indexes selected folders, and during searches, it can also precisely match details like invoice numbers and error codes. All indexing and search processes run locally on Mac, eliminating the need to upload private files to the cloud. Free and open-source, DigUp has earned over 3,000 GitHub stars in less than a week since its launch. It currently only supports Macs with Apple’s custom silicon, requiring macOS 14 or later. First-time use requires downloading an approximately 865 MB model and spending time building the index.
7 minutes ago
During the afternoon US trading session ahead of the CPI release, new positions are heavily concentrated in the storage sector, with bulls dominating.
According to TradingBeats' monitoring, at least 14 accounts (with positions exceeding $100,000) opened new U.S. stock positions in the afternoon session. Among these, 12 accounts opened long positions totaling approximately $3.2081 million, while the other 2 accounts opened short positions totaling around $725,500. The new long positions are concentrated in the storage sector. Micron Technology (MU), SanDisk (SNDK), and SK Hynix (SKHY) accounted for about $2.6695 million in new long positions, making up roughly 83.2% of the total long position volume in this round. Specifically, Micron attracted 5 accounts to open new long positions, totaling approximately $1.384 million, with a volume-weighted average price of $947.99. SanDisk saw 2 accounts opening long positions totaling around $678,200, at a weighted average price of $1,455.36. SK Hynix had 1 new long account buying about $607,300. Short positions also centered on semiconductors and storage: one account opened a new short position of roughly $379,000 in SOXL in the afternoon, then closed it entirely; another account opened short positions of approximately $181,100 in SanDisk and $165,300 in Micron respectively. The remaining new long positions are distributed across Applied Materials (AMAT), Microsoft (MSFT), Nebius (NBIS), Broadcom (AVGO), and the Korean stock leverage ETF (KORU), with total position amounts of about $118,700, $103,900, $102,600, $103,300, and $110,100 respectively. Positions in Broadcom and KORU have since been exited.
DigUp Overhauls Mac Search With Google’s New Model: Locate a Specific Shot in a Video Even If You Forget the Filename
Dongcha Beating AI News Flash: Finding files on Mac typically requires remembering names or keywords. If you only recall a zebra appearing in a video segment, or a podcast episode discussing sleep, traditional file search tools are of little help. Independent developer Abdur Rahim’s open-source tool DigUp solves this by enabling direct content-based file searches. Type in "zebra in video" and it will jump to the exact frame where the zebra appears; search for "segment discussing sleep" and it will pinpoint the relevant timestamp in the podcast. It can also search photos, PDFs, and even open the exact page of a specific clause in a contract. DigUp leverages Google DeepMind’s EmbeddingGemma 2 model, released on October 6. This model converts text, images, audio, and video into comparable numerical features, allowing users to find corresponding visuals or audio based on a text description. DigUp pre-indexes selected folders, and during searches, it can also precisely match details like invoice numbers and error codes. All indexing and search processes run locally on Mac, eliminating the need to upload private files to the cloud. Free and open-source, DigUp has earned over 3,000 GitHub stars in less than a week since its launch. It currently only supports Macs with Apple’s custom silicon, requiring macOS 14 or later. First-time use requires downloading an approximately 865 MB model and spending time building the index.
8 minutes ago
During the afternoon US trading session ahead of the CPI release, new positions are heavily concentrated in the storage sector, with bulls dominating.
According to TradingBeats' monitoring, at least 14 accounts (with positions exceeding $100,000) opened new U.S. stock positions in the afternoon session. Among these, 12 accounts opened long positions totaling approximately $3.2081 million, while the other 2 accounts opened short positions totaling around $725,500. The new long positions are concentrated in the storage sector. Micron Technology (MU), SanDisk (SNDK), and SK Hynix (SKHY) accounted for about $2.6695 million in new long positions, making up roughly 83.2% of the total long position volume in this round. Specifically, Micron attracted 5 accounts to open new long positions, totaling approximately $1.384 million, with a volume-weighted average price of $947.99. SanDisk saw 2 accounts opening long positions totaling around $678,200, at a weighted average price of $1,455.36. SK Hynix had 1 new long account buying about $607,300. Short positions also centered on semiconductors and storage: one account opened a new short position of roughly $379,000 in SOXL in the afternoon, then closed it entirely; another account opened short positions of approximately $181,100 in SanDisk and $165,300 in Micron respectively. The remaining new long positions are distributed across Applied Materials (AMAT), Microsoft (MSFT), Nebius (NBIS), Broadcom (AVGO), and the Korean stock leverage ETF (KORU), with total position amounts of about $118,700, $103,900, $102,600, $103,300, and $110,100 respectively. Positions in Broadcom and KORU have since been exited.
8 minutes ago
Data: More than half of Bitcoin's supply remains unaccounted for, with the majority likely held in personal self-custody.
Galaxy Research Head of Research Alex Thorn noted in a recent post that despite the growth of institutional and centralized Bitcoin holdings in recent years, more than half of the cryptocurrency’s supply remains in addresses with unknown ownership. He argues that a significant portion, possibly even the majority, of Bitcoin is still held by individuals via self-custody. Per Galaxy Research’s supply attribution map, based on block height 971,382 and an unspent Bitcoin supply of roughly 20.098 million BTC, "unattributed" addresses account for 55.1% (about 11.1 million BTC). Among attributed holdings, exchanges make up 17.9%, ETFs and funds 6.0%, Patoshi (linked to Satoshi Nakamoto’s early mining patterns) 5.6%, followed by custodial institutions, miners, and corporations, among others. Top attributed holders include Coinbase, BlackRock’s IBIT, Binance, Fidelity Custody, and Strategy.
8 minutes ago
Shipping risks resurface in the Strait of Hormuz, with WTI crude oil's daily trading volume rising 16% month-on-month.
According to TradingBeats' monitoring, Houthi forces have recently carried out continuous attacks on key Saudi facilities. This morning, Saudi Aramco's headquarters complex in Dhahran was hit by a missile, triggering a limited fire in an administrative building, with no casualties reported. The complex hosts a critical operations center responsible for coordinating Saudi oil fields, pipelines, refineries, and export facilities. Meanwhile, transportation risks in the Strait of Hormuz have been escalating recently. The UK Maritime Trade Operations (UKMTO) confirmed that an oil tanker and a container ship were each struck by unidentified projectiles; the incidents remain under investigation, and market concerns over tightening crude oil supplies have intensified. Per TradingBeats' data, as of 18:00 Beijing time, WTIOIL on Hyperliquid traded at approximately $94.24, rising around 1.2% following the news release and about 3.4% higher than the same time the previous day. Its 24-hour trading volume reached roughly $136 million, with a day-over-day increase of around 16.2%.
8 minutes ago
A $15 million ETH long position exited at break-even, and a certain account fully liquidated all positions ahead of the CPI announcement.
According to TradingBeats' monitoring, a whale address starting with 0x4ff9 closed out 6,000 ETH long positions in the past hour, worth approximately $14.979 million, exiting nearly at break-even. All positions in the account have now been cleared. The long position was opened on October 9, held for nearly five days, with an average entry price of around $2,491.34 and an average exit price of roughly $2,496.51. The trade generated a gross profit of about $31,100; after deducting bilateral trading fees and funding fees, the net profit stood at only approximately $9,753.
8 minutes ago
In September, DEX spot trading volume was approximately 26% of CEX spot trading volume, while 86% of RWA perpetual contracts were traded on-chain.
According to Unfolded data, DEX spot trading volume in September reached approximately 26% of CEX trading volume, a sharp rise from around 18% a year ago. In September 2026, DEX spot trading volume hit roughly 26% of CEX volume (compared to about 18% a year prior), with a significant rebound since June. Meanwhile, 86% of RWA perpetual contracts are traded on-chain.
Bitcoin (BTC), ABD Merkez Bankası (Fed) yetkilisi John Williams’ın faiz politikasına ilişkin açıklamalarının ardından yükselişe geçti. Lider kripto para birimi yüzde 1,5 değer kazanarak 84.000 dolar seviyesine yaklaşırken, Zcash (ZEC) başta olmak üzere birçok altcoin piyasadaki toparlanmaya eşlik etti. Williams’ın 2027 yılında ek faiz artırımlarına ihtiyaç görmediğini belirtmesi, küresel piyasalarda risk iştahını destekledi. Kripto para yatırımcılarının odağında ise perşembe günü açıklanacak ABD enflasyon verileri bulunuyor. Söz konusu verilerin Bitcoin’in 85.000 dolar seviyesine yönelik olası hareketinde belirleyici olması bekleniyor.
Bitcoin, çarşamba günü Asya işlem saatlerinde yüzde 1,5 yükselerek 83.900 dolar seviyesine yaklaştı. New York Fed Başkanı John Williams’ın 2027 yılında ek faiz artırımlarına ihtiyaç görmediğini belirtmesi, doların zayıflamasına ve Asya borsalarında alımların güçlenmesine katkı sağladı. Williams, bu yıl bir faiz artırımının daha uygun olabileceğini de ifade etti. Buna rağmen açıklamalar, ABD hisse senedi piyasalarındaki kayıpların sınırlanmasına yardımcı olurken kripto para piyasasında da olumlu bir hava oluşturdu. Fed’in gelecek dönemde izleyeceği para politikasına ilişkin beklentiler, Bitcoin başta olmak üzere riskli varlıkların fiyat hareketleri açısından önemini koruyor.
İlginizi Çekebilir: Bu 3 Altcoin İçin Kritik Saatler: Yön Belli Olacak mı?
Kripto para piyasasındaki toparlanmaya Zcash (ZEC) öncülük etti. ZEC, yaklaşık yüzde 7 değer kazanarak 1.270 dolar seviyesine ulaşırken günün en dikkat çeken yükselişlerinden birini gerçekleştirdi. Solana (SOL) ve Dogecoin (DOGE) yüzde 2,5 yükselirken Ethereum (ETH), yüzde 2 artışla 2.520 dolar seviyesine yaklaştı. XRP, BNB ve HYPE yüzde 1 ila yüzde 2 arasında kazanç kaydederken TRX yüzde 1’in altında yükseliş gösterdi. Piyasadaki geniş çaplı toparlanma, yatırımcıların riskli varlıklara yönelik ilgisinin yeniden güçlendiğine işaret ederken Bitcoin’deki pozitif fiyat hareketinin altcoin piyasasını da desteklediği görüldü.
Fed Yetkilisi Williams’tan Faiz Açıklaması New York Fed Başkanı John Williams, 2027 yılında ilave faiz artırımlarına ihtiyaç görmediğini belirterek para politikasının geleceğine ilişkin beklentileri etkiledi.
Williams’ın açıklamalarında öne çıkan değerlendirme şu oldu:
2027 yılında daha fazla faiz artırımına ihtiyaç görmüyorum. Ancak bu yıl bir faiz artırımı daha uygun olabilir.
Bu ifade, kaynak metindeki açıklamanın Türkçe anlam aktarımıdır; birebir doğrulanmış alıntı değildir. Açıklamaların ardından S&P 500 vadeli işlemleri yüzde 0,2 yükselirken Asya-Pasifik hisse senetlerini takip eden MSCI endeksi yüzde 0,7 değer kazandı. Samsung Electronics ve SK Hynix hisseleri de beş günlük düşüş serisini sonlandırdı.
Perşembe günü açıklanacak ABD enflasyon verileri, Bitcoin’in kısa vadeli yönü açısından belirleyici olabilir. Enflasyonun beklentilerden düşük gelmesi, Fed’in ilave faiz artırımı ihtimalini zayıflatabilir. Böyle bir senaryoda Bitcoin’in 85.000 dolar seviyesini yeniden test etmesi mümkün görülüyor. Öte yandan Orta Doğu’daki gerilim nedeniyle Brent petrolün 106 dolar seviyesine yükselmesi, enflasyon üzerindeki risklerin sürdüğüne işaret ediyor.
Değerlendirme Bitcoin fiyatındaki toparlanma, Fed’in faiz politikasına ilişkin beklentiler ve küresel piyasalardaki olumlu görünümle destekleniyor. Lider kripto para biriminin 84.000 dolar seviyesine yaklaşması, yatırımcıların yükseliş beklentilerini güçlendirirken 85.000 dolar seviyesi kısa vadede kritik bir direnç noktası olarak öne çıkıyor. Ancak yükselişin sürdürülebilirliği, ABD enflasyon verilerine ve küresel piyasalardaki risk iştahına bağlı olacak. Beklentilerin altında açıklanacak enflasyon verileri Bitcoin’in yukarı yönlü hareketini destekleyebilirken, olası olumsuz veriler kripto para piyasasında satış baskısını yeniden artırabilir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
PANews, October 14 — Bitcoin treasury company Strive announced plans to issue a new type of perpetual preferred stock, SATS, offering 5 million shares at $100 per share to raise $500 million, according to CoinDesk. The proceeds will be used to increase its Bitcoin holdings, acquire yield-generating assets, or repurchase company stock.
SATS will offer a fixed annual dividend yield of 15%, paid daily, with liquidation and dividend priority below Strive's existing perpetual preferred stock SATA, which currently carries a 13% yield. In addition, Strive plans to establish a dividend reserve at the completion of the offering to cover SATS dividend payments for the next 18 months.
In terms of Bitcoin holdings, Strive added 3,311 BTC last week, bringing its total holdings to 32,773 BTC, worth approximately $2.7 billion at current prices. Just three months ago, the company held fewer than 20,000 BTC.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The US government’s Bitcoin pile is a little lighter this year. Government holdings have reportedly fallen by approximately 1,635 BTC in 2026, leaving an estimated 328,372 BTC on the books as of early October, according to tracking from sources including BitcoinTreasuries.
Where the coins are, and where some of them went
The estimated balance stands at 328,372 BTC. Tracked holdings as of October 7, 2026, ranged from 319,000 to 328,000 BTC depending on the tracker, a spread that reflects a decline over the course of the year.
Why the range? Government wallets are not labeled with a tidy nameplate. Different trackers attribute different addresses to federal agencies, so the final tally depends on who is counting.
The more eye-catching activity came in the first week of October. Wallets connected to the US government moved around 17,733 BTC, with the transfers primarily flowing to Coinbase Prime, the exchange’s institutional custody and trading arm.
No sales have been confirmed. The activity is consistent with custody consolidation, which means moving coins between storage arrangements rather than dumping them on the open market.
A treasury built from crime scenes
None of these coins were bought. The government’s entire Bitcoin position comes from law enforcement seizures and forfeitures. Two cases account for the bulk of it. Roughly 94,643 BTC traces back to the 2016 Bitfinex hack, and about 127,271 BTC comes from Silk Road recoveries.
Executive Order 14233, signed in March 2025, created the Strategic Bitcoin Reserve and prohibited sales of seized assets. The order was designed to stop the long-standing practice of auctioning off forfeited Bitcoin.
The valuation rollercoaster
Based on a prevailing Bitcoin price of $82,000 to $83,000, early October estimates put the total value of the government’s holdings between $26 billion and $28 billion.
The valuation of US government crypto holdings has declined by approximately $16 billion from a peak near $40.7 billion in late October 2025. The bigger driver is price movement on every remaining coin, not coins leaving wallets.
What this means for the market
With sales of seized assets prohibited under Executive Order 14233, large transfers to Coinbase Prime look more like a reorganization of custody than a liquidation pipeline, which could mean less supply overhang from forfeited coins than markets historically worried about.
Holdings have reportedly declined by approximately 1,635 BTC this year despite the prohibition on sales. The source data does not specify why. Possible explanations range from court-ordered returns to victims to wallet attribution changes by trackers, but none has been confirmed. The difference between tracker estimates (319,000 versus 328,000 BTC) is far larger than the reported decline itself.
Key things to watch from here: whether further large transfers to Coinbase Prime follow the October activity, whether any official accounting clarifies the 1,635 BTC decline, and how the reserve’s dollar value tracks Bitcoin’s price. At $82,000 to $83,000 per coin, the reserve sits well below its late-2025 peak.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Bitcoin [BTC], which recently rallied above the long-standing $85,000 resistance level, is now showing signs of forming a potential October bottom.
Though this might be a short-term market noise, the timing is what is making the situation tense.
With the U.S. midterm elections approaching, market participants are watching whether the latest correction could mark a turning point for the largest cryptocurrency.
Remarking on the same, XWIN Japan and DeFi Asset Management said,
These developments suggest conditions for a bottom are improving. Confirmation requires sustained ETF inflows, stronger U.S. spot buying and continued demand recovery.
Source: CryptoQuant
Market analysts paint a concerning picture for Bitcoin
In fact, according to Benjamin Cowen, founder & CEO of ITC, Bitcoin’s percentage of supply in profit and loss is actually highlighting the changing state of market profitability.
Source: X
The above chart shows that approximately 71.04% of Bitcoin supply was in profit, while 28.96% remained in loss. Although most holders were still profitable, the significant share of supply at a loss suggests that market stress remains elevated.
Meanwhile, a crypto data analyst, Maartunn, highlighted growing weakness in U.S. institutional demand, pointing to the Coinbase Premium Gap plunging to approximately -$107.
Source: CryptoQuant
For those unaware, a deeply negative premium generally indicates that Bitcoin is trading at a discount on Coinbase relative to other exchanges.
Is Bitcoin’s October bottom actually nearing?
At the same time, Glassnode confirmed the bearish pressure surrounding Bitcoin in their weekly market update.
They showed how declining Spot, Futures, and ETF indicators, with moderate risk signals across spot and ETF markets, are adding pressure on the recent rally.
Source: Glassnode
Well, the consideration is not limited here, as CoinGlass data added further fuel to the fire, as they shed light on 169,781 traders being liquidated over the past 24 hours, resulting in total liquidations of $811.79 million.
Source: Coinglass
Signs of hope for BTC?
All this came on the heels of Bitcoin trading at $83,220.70 at press time. Meanwhile, BTC ETFs recorded $65.40 million outflows on the 12th of October.
Source: SoSo Value
Now, amidst all these mixed and concerning pictures of Bitcoin, AMBCrypto also highlighted that Bitcoin is in an accumulation-to-neutral phase rather than a confirmed bull run, suggesting that a more sustainable rally may still be ahead.
Final Summary
Bitcoin faces a tough time, but 71.04% of its supply in profit, and 28.96% in loss, suggests things could get better.
However, with total liquidations shooting to $811.79 million in the past 24 hours, FUD remains.
The 10-year US Treasury yield topped 5.3% this month, its highest since 2002, so Bitcoin (BTC), which pays no yield, now competes with a government-backed return above 5%.
The catch is that yields are rising on inflation and debt worries rather than weakening growth, which could make the move harder for risk assets to shrug off.
Why Does a Safer Payout Make Bitcoin Harder to Justify?Bitcoin offers no interest or dividends, so investors profit only if its price rises. Meanwhile, a Treasury note now pays more than 5% with almost no default risk, so buyers need a bigger expected gain to hold Bitcoin instead.
Valuation math adds a second layer. Higher yields raise the rate used to discount future gains, so those gains are worth less today, and assets without cash flows, such as crypto, can be sensitive to that logic.
Money is already flowing into bonds. Bond ETFs have drawn a record $469 billion so far this year through September.
How High Can Yields Climb Before Risk Assets Crack?The 10-year yield has climbed about 1.2 percentage points in 2026 and touched 5.34% earlier this month.
10-year yields sit comfortably over 5%. Source: CNBC Dan Ivascyn, chief investment officer at bond manager Pimco, told the Financial Times the yield could reach 6%, and that readings of 5.5% or more would probably produce
“some decent weakness in risk markets, both credit and equity”
Bitcoin’s direction increasingly hinges on the US bond market, though liquidity and fund flows can offset rate pressure.
Still, the squeeze may outlast this month’s moves. A Bloomberg video explainer notes that AI companies’ debt sales now compete with Treasury borrowing for investor cash. Investors are already rethinking the 60/40 portfolio, and any asset that pays nothing must keep beating a 5% Treasury.
Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
5 minutes ago
Whale Purchases 1,162 $BTC ($96.77M) Through Wintermute
It appears a whale bought 1,162 $BTC ($96.77M) via Wintermute.
Over the past 12 hours, 5 newly created wallets received 1,162 $BTC ($96.77M) from Wintermute.
5 minutes ago
A crypto whale purchased 1,162 Bitcoin via Wintermute, valued at $96.77 million.
According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
5 minutes ago
Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
5 minutes ago
Bitget launches CFD demo account feature, with new users receiving 10,000 USDT in virtual funds for simulated live trading upon account opening.
Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.
5 minutes ago
The POAP founder has transferred another 10,000 ETH to Gemini, and currently holds 41,468 ETH.
According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
Researchers at the Center for Cryptocurrency Research and Engineering (IC3E) from Imperial College London have published major research on post-quantum Bitcoin security. The paper proposes a model that would make Bitcoin transfers private and quantum-proof, all without the need for a soft fork.
Bitcoin’s quantum resistance proposals Back in 2018-2020, the group’s research dubbed “Commit-Delay-Reveal” proposed a similar quantum-secure Bitcoin framework.
While clever, it required a network soft fork and thereafter asset migration from vulnerable ECDSA addresses to the quantum-resistant chain using a multi-step time delay. The method would also have demanded network-wide protocol upgrades and triggered heated debates among developers.
An alternative was the traditional way of transitioning from ECDSA to lattice-based or hash-based alternatives. However, this would still demand a soft fork, which is socially and technologically difficult to coordinate. The model would also likely cause deployment delays, consensus realignment issues, and network congestion due to larger signature sizes/Zero-Knowledge (ZK) proofs.
What the latest research showsThe group’s newest “Compact Shielded Client-Side Validation (CSV)” framework is a grand breakthrough that eliminates the soft fork challenge.
Rather than enforcing changes at the consensus layer, it layers advanced post-quantum cryptographic technology on top of current transaction architectures.
This means that all bulky post-quantum keys, transaction histories, and algorithmic proofs would get verified at the peer-to-peer level. The underlying Bitcoin blockchain becomes an immutable ledger rather than a computational engine.
Note that using this quantum-safe layer requires clients to download compatible client software to conduct transactions over the Bitcoin network.
Recent events in the quantum spaceMore recently, Ethereum’s co-founder Vitalik Buterin and Cardano’s founder Charles Hoskinson had a disagreement surrounding quantum security mechanisms. Vitalik supported hashes while Hoskinson bet on lattices.
Despite the debate, the crypto community is encouraged to conduct any migrations to quantum-proof addresses in a meticulous manner to prevent loss of funds.
Story Ends Here
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MONACO, Oct. 13, 2026 (GLOBE NEWSWIRE) -- New crypto AlphaPepe has crossed 12,500 holders before its first public exchange chart, turning community growth into the clearest signal behind the presale. More than 100 new holders are joining daily, while the project has now raised over $2.98 million.
The milestone lands one day before AlphaPepe’s fifth CEX partnership reveal on Wednesday, October 14. Four exchange partnerships are already been announced, and online communities are debating whether Binance could be the next major name linked to $ALPE. Bitcoin, meanwhile, is trading around $83,000 after another volatile session, keeping the $100,000 target firmly in retail focus.
AlphaPepe Crosses 12,500 Holders Before Exchange Trading
AlphaPepe has now crossed 12,500 holders while $ALPE remains in presale. That matters because the crowd is forming before public price discovery begins, rather than arriving after the first exchange rally has already happened.
More than 100 new holders are reportedly joining each day, giving the milestone momentum rather than making it a static number. The presale has also moved beyond $2.98 million raised, showing that the growing holder base is being matched by continued buying activity.
For retail searching for a new crypto, that is the simple attraction. Thousands of buyers are already positioned while the first public exchange chart is still ahead.
Wednesday’s CEX Reveal Adds Fuel to the Holder Growth
The 12,500-holder milestone arrives at the same time as AlphaPepe’s biggest near-term exchange catalyst. The fifth CEX partnership reveal lands Wednesday, October 14, following four exchange partnerships already announced.
That countdown has pushed Binance into the center of online discussion, with communities asking whether the world’s largest crypto exchange could be next. The exchange identity is still waiting to be revealed, which is exactly what is keeping attention on Wednesday.
The timing gives existing holder growth more weight. AlphaPepe is not trying to build a community after listings begin. It already has more than 12,500 holders waiting before the next exchange name is even known.
AlphaSwap Gives the Crowd a Product to Use
The holder story is also backed by a product that is already accessible. AlphaSwap, AlphaPepe’s AI DEX, is live in Early Access, and Auto-Trade registration is open while $ALPE remains pre-listing.
The ecosystem is being built by an ex-Shibarium developer, adding a stronger technical background than a typical meme presale selling only a future roadmap. That gives new holders a reason to look beyond the meme branding and exchange countdown.
$ALPE is currently priced at $0.03335, with a listing price from $0.08. The gap gives retail a clear pre-listing repricing story while AlphaPepe continues adding holders before the first public-market cycle.
Bitcoin Price Prediction Eyes $100,000
Bitcoin is trading around $83,000 after falling as low as roughly $81,000 on Tuesday, with a global technology selloff weighing on risk appetite. AI stocks have been under pressure, while oil above $100 and fresh inflation concerns are keeping traders cautious ahead of new U.S. CPI data.
For bulls, $100,000 is now a much easier target to visualize than the more extreme forecasts seen earlier in the cycle. From around $83,000, Bitcoin needs roughly another 20% move to reach six figures, and Fidelity’s Jurrien Timmer recently pointed to $100,000 as the next major target if BTC holds the $80,000 area and clears resistance around $86,000.
That makes the next breakout important. Bitcoin already has the institutions, ETFs and mature public market behind it. AlphaPepe sits much earlier, with 12,500 holders building before its first exchange chart and another CEX reveal arriving Wednesday.
AlphaPepe Turns 12,500 Holders Into a Pre-Listing Signal
AlphaPepe crossing 12,500 holders is more than another dashboard milestone. It shows that a sizable crowd has formed before $ALPE reaches open-market trading, while more than 100 buyers continue joining each day.
Now that crowd is heading into Wednesday’s fifth CEX reveal with four partnerships already announced and Binance dominating the online conversation. AlphaSwap is already live in Early Access, and the project’s ex-Shibarium developer gives the product story more weight behind the momentum.
Bitcoin traders are watching whether BTC can break from the low-$80,000s toward $100,000. AlphaPepe buyers are watching a different kind of setup: 12,500 holders are already onboard before the first public chart even starts.
VISIT ALPHAPEPE OFFICIAL WEBSITE
FAQs
What is the Bitcoin price prediction?
Bitcoin price prediction eyes $100,000 if BTC holds the 80,000area*,* clearsresistancearoundthemid − 80,000s and broader risk appetite improves.
How many AlphaPepe holders are there?
AlphaPepe has crossed 12,500 holders, with more than 100 new holders reportedly joining each day while $ALPE remains in presale.
When is AlphaPepe’s fifth CEX reveal?
AlphaPepe’s fifth CEX partnership reveal is set for Wednesday, October 14. Four CEX partnerships are already announced, while online communities are discussing whether Binance could be next.
Contact:
Jack Duffy
[email protected]
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Elon Musk has outlined an extraordinary long-term scenario for SpaceX (NASDAQ: SPCX), suggesting the company could eventually command a valuation far exceeding the scale of the entire present-day global economy.
In a post on X, the SpaceX and Tesla chief executive stated that he perceives a viable route toward the firm achieving a worth measured in orders of magnitude greater than Earth’s current economic output, framing the idea as one that might initially appear outlandish.
This projection builds on Musk’s longstanding emphasis on expanding human presence and economic activity beyond Earth.
By developing fully reusable heavy-lift vehicles such as Starship, along with satellite networks and potential off-world industries, SpaceX aims to enable activities including asteroid resource extraction, orbital manufacturing, lunar and Martian energy production, and large-scale passenger and cargo transport between planets.
Such capabilities, if realized, could unlock markets that currently do not exist in any meaningful form, potentially generating economic value on a scale that dwarfs terrestrial GDP.
For context, International Monetary Fund projections place global nominal economic output near $126 trillion for 2026.
SpaceX, which completed its initial public offering earlier in the year and now trades publicly, carried a market capitalization of roughly $2.2 trillion around the time of Musk’s statement.
An increase by even two orders of magnitude would imply a valuation well into the quadrillions of dollars—an immense leap that would require sustained breakthroughs in launch cadence, in-space infrastructure, and entirely new commercial domains.
This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy
— Elon Musk (@elonmusk) October 8, 2026
Musk has previously advanced related ideas, including remarks to investors that SpaceX might one day surpass the value of the rest of Earth combined if its core objectives are met.
He later clarified that identifying a possible pathway does not equate to high confidence in the outcome, only that the probability is greater than zero.
The statement quickly drew attention across social media.
Among the responses was a concise reply from Michael Saylor, executive chairman of Strategy.
Saylor responded with the single term “₿ullish,” substituting the Bitcoin symbol for the initial letter.
The stylized endorsement explicitly links his positive view of Musk’s SpaceX outlook to the leading cryptocurrency.
Saylor has long advocated corporate Bitcoin holdings as a treasury strategy, and both SpaceX and Tesla maintain Bitcoin on their balance sheets.
SpaceX has reported holdings of more than 18,000 BTC in regulatory filings, while Tesla holds over 11,000.
Saylor’s reaction appears to position the ambitious space-economy vision as supportive of broader digital-asset narratives, consistent with his history of publicly encouraging technology leaders to consider Bitcoin allocations.
The exchange underscores the intersection of ambitious aerospace development, extreme valuation scenarios, and cryptocurrency advocacy.
Whether SpaceX can expand human economic activity sufficiently to approach such valuations remains highly speculative and dependent on technological, regulatory, and market developments that are still in early stages. Nonetheless, the comments highlight the expansive scope of the multiplanetary vision Musk continues to promote.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
London’s High Court has ruled that Chinese law, rather than English law, will decide whether thousands of fraud victims hold property rights over more than 61,000 Bitcoin seized by the Metropolitan Police, a haul worth about $5 billion at current prices. The judgment, handed down by Mr Justice Mark Turner on October 12, resolves only the choice-of-law question, not who ultimately keeps the coins.
The ruling arises from civil recovery proceedings brought by the Director of Public Prosecutions against Zhimin Qian, who pleaded guilty to money laundering and was sentenced to 11 years and eight months in November 2025. Qian ran Ponzi schemes between 2014 and 2017 through Tianjin Lantian Gerui Electronic Technology and a second purported entity, collecting roughly RMB 40.2 billion (about £4.1 billion) through at least 128,409 investment contracts before converting part of the proceeds into Bitcoin and moving to London.
What the ruling decides and does not decide
Thousands of victims have applied under section 281 of the Proceeds of Crime Act 2002, which lets a person ask the court to declare that seized property belongs to them. Turner found that the fraud, the payments and the contracts all took place in China, and that the Bitcoin itself was bought there through the Huobi exchange and over-the-counter trades. “The relevant damage occurred in China. The applicants parted with their money in China,” he wrote, concluding that “the applicable law is Chinese law.”
The decision is a threshold ruling, not a merits decision. The judge left open the content of Chinese law, how it must be proved and how it applies to each individual claim. Victims must now show that Chinese law recognises the ownership rights they assert, and that those rights attach to the specific coins seized in England.
Why the choice of law matters for the victims
The stakes turn on what each legal system would give the claimants. Under English law, victims argued they could trace their money into the Bitcoin and claim the coins themselves, capturing their appreciation — the difference between the roughly £4.1 billion lost in principal and the roughly $5 billion the coins are worth today. Under Chinese law, claims are expected to be limited to the original principal and accrued interest, which would leave UK authorities holding much of the appreciation. Bitcoin has traded near $83,000 this week, which is what pushes the seized coins’ value to about $5 billion.
What happens next
The case will remain in the High Court, where the next stage involves expert evidence on Chinese law and each applicant’s individual claim. The law firm Fieldfisher, which represents the claimants, has indicated it will appeal the choice-of-law ruling. The dispute also fits a wider pattern of courts and authorities recovering digital assets from fraud schemes, including the CFTC’s $31 million default judgment against Fundsz in a digital-asset fraud this month. Even if the ruling stands, the court has not decided that the victims recover nothing — it has narrowed the legal route available to them, and the question of ownership remains open.
AUTHOR
Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.
Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
5 minutes ago
Whale Purchases 1,162 $BTC ($96.77M) Through Wintermute
It appears a whale bought 1,162 $BTC ($96.77M) via Wintermute. Over the past 12 hours, 5 newly created wallets received 1,162 $BTC ($96.77M) from Wintermute.
5 minutes ago
A crypto whale purchased 1,162 Bitcoin via Wintermute, valued at $96.77 million.
According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
5 minutes ago
Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
5 minutes ago
Bitget launches CFD demo account feature, with new users receiving 10,000 USDT in virtual funds for simulated live trading upon account opening.
Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.
5 minutes ago
The POAP founder has transferred another 10,000 ETH to Gemini, and currently holds 41,468 ETH.
According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
South Korea’s digital asset sector is seeing two contrasting developments in quick succession. On one side, a regulated bank has launched the country’s first won-denominated loans secured by bitcoin for corporate borrowers.
On the other, financial authorities have expanded restrictions on unregistered virtual asset service providers, moving beyond mobile apps to block domestic access to the websites of 27 platforms, among them major offshore exchanges such as KuCoin and MEXC.
Jeonbuk Bank, a subsidiary of JB Financial Group, has started offering loans in Korean won collateralized by bitcoin.
The product is available only to corporate clients and is limited to funding ordinary business operating expenses such as payroll and supplier payments. Bitcoin is the sole asset accepted as collateral for the time being.
A specialized, registered virtual asset service provider holds the pledged coins under its custody framework; the bank itself does not take ownership or direct control of the bitcoin.
This structure keeps the lender within the bounds of existing banking rules.
In the event of default, recovery does not involve the bank seizing the coins. Instead, it proceeds through court-ordered sale procedures established under revised Civil Enforcement Rules that took effect on 1 October 2026.
Those rules set out steps for attaching and liquidating rights linked to virtual assets.
The bank selected bitcoin after conducting internal stress tests, citing its dominant market capitalization, deep liquidity, and reliable price discovery relative to other digital assets.
Valuation draws on a weighted-average index from multiple global exchanges rather than a single venue, and the bank has set internal standards for loan limits and collateral management to address price volatility.
At least one loan has already been executed, though the borrower has not been named.
Bank president Park Chun-won had earlier indicated interest in pioneering virtual-asset-backed lending as part of a broader “crypto bank” vision.
The institution also remains the only regional bank providing real-name deposit and withdrawal accounts to virtual asset exchanges.
Separately, the Financial Intelligence Unit (FIU) under the Financial Services Commission announced on 13 October that the Korea Communications Standards Commission had approved measures against 27 websites operated by unregistered virtual asset businesses.
Reviews took place on 6 and 7 October. Sites with domestic servers or operators face service termination, while overseas-hosted sites face domestic access blocks.
The list includes KuCoin, MEXC, Phemex, XT.com, Bitrue, BingX, BitMart, and others.
This expands earlier restrictions that already prevented new installations and updates of related mobile apps on Google Play and Apple’s App Store.
Under the Act on Reporting and Using Specified Financial Transaction Information, any virtual asset service provider targeting Korean users—whether through Korean-language interfaces, local marketing, or won-payment support—must obtain Information Security Management System certification and register with the FIU.
Operating without registration is a criminal offense punishable by up to five years in prison or a fine of up to 50 million won.
Authorities have emphasized preventive action, noting that unregistered operators fall outside the oversight regime of the Virtual Asset User Protection Act and related anti-money-laundering rules.
Risks cited include weaker user protections, potential data breaches or hacking, and possible use as channels for concealing criminal proceeds.
A survey by the Digital Asset Exchange Alliance previously found markedly higher average trading fees at some flagged unregistered platforms compared with the five major registered Korean won-based exchanges.
To date, 44 unregistered operators have been referred to investigative authorities.
Currently, 28 virtual asset businesses are lawfully registered with the FIU.
Users of affected platforms have been advised to withdraw assets promptly. The Digital Asset Exchange Alliance is available to guide those facing withdrawal difficulties.
Authorities plan to continue monitoring for alternative URLs and to apply similar reviews as new unregistered activity is identified.
The developments illustrate South Korea’s seemingly progressive approach: exploring controlled integration of bitcoin into conventional bank credit for businesses under existing law, while tightening barriers against platforms that have not completed the required domestic registration process.
According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
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Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
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Whale Purchases 1,162 $BTC ($96.77M) Through Wintermute
It appears a whale bought 1,162 $BTC ($96.77M) via Wintermute.
Over the past 12 hours, 5 newly created wallets received 1,162 $BTC ($96.77M) from Wintermute.
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Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
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Bitget launches CFD demo account feature, with new users receiving 10,000 USDT in virtual funds for simulated live trading upon account opening.
Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.
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The POAP founder has transferred another 10,000 ETH to Gemini, and currently holds 41,468 ETH.
According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
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Binance’s bStocks AUM Surpasses $888 Million, Collateral Feature Further Opened to All Users
Binance announced that the assets under management (AUM) of its bStocks platform has exceeded $888 million. Eligible bStocks stock tokens can now be used in cross-margin leverage accounts and unified margin accounts, expanding collateral options and enhancing capital utilization flexibility. To date, bStocks supports 95 stock tokens as collateral. bStocks is expanding the use cases of its stock tokens beyond asset holding to include collateralization and leveraged trading, helping users and institutions improve capital efficiency and further bridge traditional equity assets with the crypto financial ecosystem. Additionally, starting September 21, bStocks’ collateral and related leveraged trading functions are being extended to regular, VIP 1, and VIP 2 accounts. Previously, these features were only available to VIP 3 and higher-tier users. This adjustment means more users can participate in bStocks’ collateral and leveraged trading activities after meeting requirements such as appropriateness assessments. To enhance asset protection, Binance has introduced additional risk control measures for regular, VIP 1, and VIP 2 accounts. These users must complete an appropriateness assessment questionnaire before using bStocks as collateral or engaging in related leveraged trading.
13 October 2026 | 23:53 Ethereum is drawing a much more optimistic crowd response than Bitcoin after its rebound. CryptoQuant’s Binance data, however, points to a different contrast beneath the discussion: ETH’s leverage ratio has stayed elevated, while Bitcoin’s has eased from earlier 2026 readings.
Key Takeaways Santiment recorded 2.05 bullish ETH comments for every bearish comment, compared with 0.82 for Bitcoin. CryptoQuant found ETH’s Binance Estimated Leverage Ratio near 0.69, above its 100-period moving average. Bitcoin’s ratio was near 0.19 and had moderated from higher readings earlier in 2026. ETH and BTC are sending opposite messages Santiment’s latest social-data update found 2.05 bullish Ethereum comments for every bearish one across X, Reddit and Telegram. The firm characterised the discussion around ETH as FOMO-driven, following its rebound and renewed attention on staking and future network upgrades.
Ethereum sentiment turns strongly bullish. Bitcoin produced the opposite reading: 0.82 bullish comments for every bearish comment. Santiment linked the weaker mood to Bitcoin’s rejection near $87,000, its slide toward $81,000 and the wider pressure on risk assets during the sell-off.
Neither figure says where either asset goes next. Social data measures the balance of public discussion, not the amount of capital committed to a trade. Its value here is that it shows where confidence has concentrated: ETH traders are discussing a rebound, while BTC traders remain more defensive.
Signal Ethereum Bitcoin Social mood 2.05 bullish comments for every bearish comment 0.82 bullish comments for every bearish comment Binance leverage trend Ratio near 0.69 and still above its 100-period moving average Ratio near 0.19 after moderating from earlier 2026 readings What this does not show Whether traders are mainly long or short, how deep order-book liquidity is, or the direction of the next price move. Leverage ratio is a sensitivity measure, not a long-or-short signal The difference becomes more useful when placed beside derivatives positioning. CryptoQuant’s Estimated Leverage Ratio compares open interest with the amount of an asset held in an exchange’s reserves. It offers a way to track how large the derivatives market has become relative to the coins available on that exchange.
A higher ratio can result from rising open interest, falling exchange reserves, or both. It does not reveal whether the market is positioned for a long squeeze or a short squeeze, and it cannot measure actual order-book depth. It should therefore be read as a sign of potential derivatives sensitivity rather than a stand-alone trading signal.
The metric is also most useful against each asset’s own history. ETH and BTC have different reserve patterns, derivatives markets and custody flows, so a 0.69 ETH reading is not a simple numerical verdict over a 0.19 BTC reading. The meaningful comparison is the recent direction of each ratio.
How to read the two datasets together
Sentiment shows where conviction is building; leverage shows whether derivatives exposure is remaining elevated around that conviction. A stronger risk warning would require further evidence, such as rising open interest and increasingly positive funding – not social optimism alone.
Ethereum’s leverage ratio has rebuilt after earlier resets CryptoQuant analyst MorenoDV_ placed Ethereum’s Estimated Leverage Ratio on Binance near 0.69 while ETH traded around $2,400. The analysis compared that with readings near 0.53–0.55 before the October 10, 2025 liquidation event.
Ethereum chart showing Binance estimated leverage ratio near 0.69. More important than the single reading is what followed. CryptoQuant’s chart showed the ratio rebuilding after sharp resets and remaining above its 100-period moving average. In other words, ETH’s derivatives exposure relative to Binance reserves has stayed in a higher range even after prior bouts of deleveraging.
That does not prove that ETH is about to decline, and it does not establish that leveraged longs dominate the market. It does mean that a fresh rise in open interest and positive funding would deserve closer attention: traders would be adding exposure while the ratio is already elevated against ETH’s recent trend.
Bitcoin’s crowd is cautious while its leverage trend has cooled Bitcoin’s social reading is weaker, but CryptoQuant’s Binance data shows a less persistent leverage setup. Its Estimated Leverage Ratio stood near 0.19—around the level seen before the October 2025 liquidation event cited in the analysis—and had fallen from higher readings earlier in 2026.
Bitcoin leverage remains relatively restrained. The ratio was also below a declining moving average in CryptoQuant’s chart. That suggests that derivatives exposure relative to Binance reserves has been easing rather than rebuilding in the same way described for ETH.
This does not make Bitcoin automatically bullish or safer. A lower ratio can reflect healthier deleveraging, but it can also occur in a weak market with little appetite to add new futures positions. Bitcoin still needs price stability and renewed spot demand before a lower leverage reading can support a stronger recovery case.
What would confirm or weaken the current divergence? Asset Current mix What would strengthen the reading What would weaken it ETH Bullish social discussion and an elevated Binance leverage trend Open interest rises, funding stays strongly positive and the leverage ratio remains elevated Open interest and the ratio decline while ETH holds or extends its recovery BTC Fearful social reading and a cooling Binance leverage trend Price stabilises and spot demand improves without a sharp return in leverage A weak bounce attracts a fast rebuild in open interest and leverage The supplied sentiment and leverage datasets do not include live funding-rate or open-interest changes. Those are the next figures that would test whether ETH’s social optimism is becoming a crowded derivatives trade, or whether Bitcoin’s lower leverage is accompanied by genuine buying demand.
ETH and BTC need different confirmation before the next move Ethereum currently has the stronger narrative, but its Binance leverage ratio has not reset as fully as Bitcoin’s. That makes the next derivatives data important: rising open interest and positive funding would make ETH’s rebound more vulnerable to a rapid reversal, while a calmer build in exposure would weaken that concern.
Bitcoin’s cautious sentiment should not be read as a bullish signal on its own. Its leverage trend has improved, but the market still needs spot demand and price stability to show that the sell-off has produced a durable base rather than simply reduced speculative participation.
This article is provided for informational purposes only and does not constitute financial or investment advice. Social sentiment and derivatives metrics are interpretive tools, not guarantees of future price movement.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Sberbank, Russia’s largest lender, has been added to the Bank of Russia’s register of crypto exchange operators, clearing it to buy and sell digital currencies in its own name and to quote prices directly to its own customers. The entry, dated October 12 in the central bank’s register, gives Sberbank both of the licences created under Russia’s new digital-currency framework, after it joined the digital depository register earlier in the month.
The state-controlled bank now plans to launch its first retail crypto products on December 1 through SberBank Online, SberInvestments and SberBusiness, with Bitcoin, Ethereum and Tether’s USDT expected to be the first supported assets. It builds on Sberbank’s earlier plan to run an off-chain crypto trading system in December, now backed by a formal exchange-operator licence rather than a roadmap announcement.
What the Approval Actually Changes Russia’s digital-currency law, in force since September 1, created two new licensed roles alongside the exchanges, brokers and trustees that already handled digital assets. An exchange operator may buy and sell digital currencies on its own behalf and at its own expense outside organised trading, while a digital depository records who owns what and grants clients access to the address identifiers where their assets are held.
Sberbank was among the first five digital depositories admitted on October 6. Its addition to the exchange register a week later lets it trade as well as hold, a combined position that only VTB previously held among current market participants. The bank said the status lets it organise the circulation of digital currency on interfaces clients already use, rather than steering customers to a separate service. Holding both roles also lets Sberbank bundle trading and custody for clients in one place, removing a step customers would otherwise face at separate venues.
Which Coins, What Limits and When Sberbank has said its first products will support Bitcoin, Ethereum and USDT, though the Bank of Russia will set the final list of permitted coins. Non-qualified retail investors may buy up to 300,000 rubles — roughly $3,500 — of eligible cryptocurrencies a year through each intermediary after passing a mandatory test, while qualified investors face no annual purchase cap.
Cryptocurrency still cannot be used to pay for goods and services inside Russia, though the framework does permit its use for cross-border settlements without an amount limit, a carve-out aimed at trade payments. Sberbank has cautioned that the December 1 timing depends on further central-bank regulations, leaving room for the schedule to slip as the Bank of Russia finalises its operating rules.
Russia’s Ten Registered Crypto Exchangers The exchange-operator register has grown from four names to ten in a single week. As of October 13 it lists VTB and T-Invest Lab — part of the T-Technologies group behind T-Bank — along with Zefir and Sistema-Crypto from the first batch admitted October 6; RNKO Finpilot and Professional Bank, added October 8; Moy Bitkoin and Khlynov Bank, added October 9; and Sberbank and Paradise Technology, both entered October 12.
That pace reflects a simplified, notification-based route that lets established financial institutions be admitted within a single day. What regulators called a first step on October 6 has quickly become a crowded list of licensed venues, with Sberbank by far the largest name on it.
What Happens Before December 1 Institutions already on the registers must comply with transaction and recordkeeping rules from the date of inclusion and have until September 1, 2027 to bring the rest of their operations into full compliance. Moscow Exchange has separately said it plans to enable crypto trading from December 1 and is testing operations with professional participants, pointing to a December window in which several venues go live at once.
Sberbank executives have projected that Russia’s regulated crypto trading could reach about $46 billion in its first year, a figure that explains why the country’s largest bank is moving first. For now, the next concrete signals are the Bank of Russia’s final list of permitted coins and any further product guidance before the stated December 1 target.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to reports from The Paper, the Qian Zhimin case — involving over 40 billion yuan in illegal fundraising and more than 60,000 Bitcoin — has seen new progress in China’s judicial process. On October 13, the Tianjin No.2 Intermediate People’s Court announced that it had accepted on September 28 the application by the Second Branch of the Tianjin Municipal People’s Procuratorate to confiscate illegal gains from suspect Qian Zhimin. Per the court’s released property confiscation list, in addition to Bitcoin, the virtual currencies involved include 72,745.79502 Bitcoin Cash, 72,745.78555 Bitcoin Gold, 72,745.7845 Bitcoin Satoshi Vision, 3,605,989.9995 Ripple, and 70,081,208.62553222 Dogecoin (converted by UK authorities and deposited in an interest-bearing account). Other properties targeted for confiscation include US dollar, euro, and British pound cash, jewelry, bank balances, investment portfolios, and more. The Second Branch of the Tianjin Municipal People’s Procuratorate stated that Qian Zhimin is suspected of illegal fundraising fraud, was placed on a wanted list after fleeing, and has failed to appear in court for over a year. Evidence confirms that more than 61,800 Bitcoin and other assets seized in the UK are illegal gains and their proceeds. The procuratorate requests that these illegal gains, as well as their converted, transformed, and derived properties and proceeds, be recovered and confiscated, with the exception of those legally returned to defrauded fundraising participants.
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According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.
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Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
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Bitget launches CFD demo account feature, with new users receiving 10,000 USDT in virtual funds for simulated live trading upon account opening.
Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.
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The POAP founder has transferred another 10,000 ETH to Gemini, and currently holds 41,468 ETH.
According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
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Binance’s bStocks AUM Surpasses $888 Million, Collateral Feature Further Opened to All Users
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Billionaire Paul says he will short U.S. stocks for the full year and holds long positions in oil.
Billionaire and legendary hedge fund manager Paul Tudor Jones told CNBC that 2027 could be a highly challenging year for U.S. stocks, with the market facing its most unfavorable capital flow environment since 2002. He noted that the corporate buyback and M&A trends that have supported U.S. equity gains in recent years may reverse, while AI giants’ IPOs and subsequent secondary offerings will further expand stock supply. Jones highlighted that potential listings of AI firms like OpenAI and Anthropic, plus financing needs for AI infrastructure development, could drive more corporate stock issuances. Comparing the current market to the eve of the dot-com bubble burst, he argued that a flurry of IPOs and stock lock-up expirations may exert sustained pressure on the market. Additionally, Jones warned that the U.S.’s widening fiscal deficit could eventually force the government to adjust fiscal policies amid market pressure; a $20–$25 oil price surge after the U.S. midterm elections would also likely hit stocks sharply. He said he holds long oil positions and bluntly stated: “I will be shorting the whole year.”
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
OpenAI is in talks to acquire cybersecurity firm Trail of Bits.
According to a report by The Information, sources familiar with the matter have revealed that OpenAI is in early-stage acquisition negotiations with New York-based crypto cybersecurity firm Trail of Bits to expand its cybersecurity operations. The deal’s value has not been disclosed, and neither party has publicly confirmed the discussions. Founded in 2012, Trail of Bits has around 40 employees, specializing in open-source software vulnerability discovery and remediation. The firm has provided security audits for prominent crypto projects including Uniswap, Aave, and Worldcoin. In June 2026, OpenAI partnered with Trail of Bits to launch the "Patch the Planet" open-source security initiative, which combines OpenAI’s models with Trail of Bits’ expertise to identify hundreds of vulnerabilities and merge dozens of patches. The development remains in early stages, with further updates pending confirmation.
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Rain has launched an embedded stablecoin wallet that supports 12 blockchains and integrates with 175 million merchants worldwide.
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Cerebras CEO pushes back against AI doomsday narratives: The industry should not only focus on risks, but also showcase the technology's potential to the public.
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Stacks token [STX] was trading around the $0.4182 price area on October 13 after a slight touch of $0.4502. Separately, Stacks Labs had reported second Bitcoin staking round, which was full with 500+ BTC and joined by over 6.7M STX.
The filled round shows participation in a program that pairs Bitcoin with locked STX, but it does not show why its price rose.
What the filled staking round means In its October 12 update, Stacks Labs said most of Bond 2 filled through Stacking DAO, with the Xverse pool also participating. The program hopes to give a return to users of 3% on their bitcoin, paid in BTC, with no guarantees on return.
Through Stacking DAO, users receive stBTC [representing the share of their position], and they can use it in financial apps in Stacks [for example, as collateral to borrow USDCx], and they continue to receive staking rewards.
The distinction between participation routes matters because:
Approved direct participants keep their Bitcoin locked under their own custody. Open pools use sBTC, Bitcoin-backed asset on Stacks, and are not fully self-custodial Bonding STX limits its availability during the lock period, but those tokens are not permanently removed.
STX retreats from $0.45 The daily chart showed STX up 1.83% from its previous daily close at the time of this writing. It remained about 7.1% below the session high, with the trading still going on.
The latest two candles actually topped out at a higher price but quickly came back down. Hence, the $0.45 and $0.46 area stands out as an obvious hurdle.
Source: TradingView Its trading prices have hovered above the key averages after this rise, supporting the rally. Holding above $0.40 will give another opportunity to attempt the resistance.
If that level gives way, traders could start looking at the $0.37–$0.38 price areas. If it trades steadily above $0.46, the outlook for recovery looks good
Another staking round is approaching Bond 3 is expected to launch around November 10, according to Stacks Labs. Anyone wanting to take part directly must hold at least 50 BTC and be approved, but it can also be done through partner pools according to the requirements set by them.
The next round will show how the level of participation has increased or decreased. For STX’s immediate outlook, it remains to be seen whether buyers can defend the $0.40 price area.
Final Summary Bond 2 filled about 500 BTC of capacity, with more than 6.7 million STX bonded alongside it. STX remained above the $0.40 price level, but its pullback from $0.45 means nearby resistance remained unchallenged.
ARK Invest has graded its own crypto homework from Big Ideas 2026. The verdict: a rough year for prices, but no change to the long-term thesis.
The firm still projects that the digital asset market will reach $28 trillion by 2030. It still sees Bitcoin taking approximately 70% of it, and its 2030 price target remains around $1 million per coin.
What ARK is standing behind The review, which also looks ahead to ARK’s outlook for 2027, is led by Digital Assets Director Lorenzo Valente and CEO Cathie Wood. Their core argument rests on two jobs they believe Bitcoin performs.
The first is digital gold: a scarce asset people hold to preserve wealth. The second is permissionless money: value that can move without a bank or government signing off.
As of mid-October 2026, ARK says it is judging Bitcoin’s performance over a five-year horizon centered on those two roles.
Wood reinforced that framing in September 2026. She reaffirmed that Bitcoin’s primary functions remain intact, even as stablecoins expand what they can be used for.
The numbers ARK adjusted, and the one it didn’t ARK’s model has not stood still. Two adjustments pull in opposite directions, and the net effect is roughly a wash on the headline target.
On the upside, the firm says the total addressable market for digital gold grew by 37%. That expansion followed a 64.5% rise in gold’s market capitalization in 2025.
On the downside, ARK cut its estimate of Bitcoin’s safe-haven penetration in emerging markets by 80%. The reason: stablecoins are spreading rapidly in those regions.
ARK acknowledged that shift in its model. It just did not let it move the 2030 Bitcoin target, which stays at $1 million.
Stablecoins as on-ramp, not replacement ARK expects stablecoin adoption to accelerate the move toward digital money broadly, without fully displacing Bitcoin.
The review also points to other forces shaping the market. Those include the institutionalization of Bitcoin, continued work in decentralized finance (DeFi), and the tokenization of real-world assets such as bonds or property.
Background: a forecast built for the long haul ARK’s Big Ideas report is the firm’s annual roadmap for the technologies it believes will define the coming years. The 2026 edition set out the $28 trillion digital asset market forecast for 2030. It placed Bitcoin at approximately 70% of that total.
ARK has framed its adjustments, including the stablecoin factor in emerging markets, as refinements rather than reversals. The firm says the structural growth of crypto and blockchain technology remains central to how it sees future financial markets developing.
What this means for investors The 80% cut to emerging market safe-haven penetration is a real concession. It shows ARK recognizes that stablecoins are winning a use case once claimed for Bitcoin.
The digital gold half of the thesis leans heavily on gold itself. A 37% bigger addressable market is helpful only if Bitcoin actually captures it, and only if gold’s 2025 surge holds rather than reverses.
Reaching $1 million by 2030 requires the digital asset market to grow into ARK’s $28 trillion projection and Bitcoin to hold its expected dominance. Both are forecasts, not facts, and ARK’s own model shows how individual assumptions can swing sharply.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Bitcoin rebounded from the $81,000 area after the latest pullback, keeping the correction contained for now. The more difficult part of the move may come higher up the chart, where the earlier decline began.
After reaching a recent high near $87,370, Bitcoin fell into the $81,100-$81,400 range. The decline slowed there because the area brought together the 23.6% Fibonacci retracement at $81,420, the rising 50-day simple moving average near $81,115 and the lower side of the ascending structure on the daily chart.
Those overlapping references made the zone more important than a single horizontal price level. Bitcoin traded near $83,550 at the time of writing after falling as low as $80,950, showing that buyers responded before the pullback reached the next Fibonacci level.
The defence keeps the broader daily structure intact, but it has not yet returned Bitcoin to the part of the chart lost during the decline. That task begins around $85,000.
Bitcoin daily BTC/USD chart/ Source: TradingView.
$85,000-$86,000 is the first test for the rebound
The latest bounce needs to move through the $85,000-$86,000 area, where Bitcoin previously stalled after its initial advance. Recovering that range would bring price back into the middle of the recent consolidation and show that the response from $81,000 is developing beyond a short-term relief move.
Only then would the recent high near $87,370 return as the next major reference. Until Bitcoin regains the $85,000-$86,000 range, the chart still shows a market trading between a defended support area and the resistance that capped its earlier recovery.
The wider trend remains constructive, though momentum is less decisive
Bitcoin’s 50-day SMA remains above the 100-day and 200-day averages, while price is still trading above all three. Technical analysts generally view that ordering as constructive because the shorter-term trend remains stronger than the longer-term baseline. The latest pullback tested the 50-day average instead of breaking into the deeper moving-average layer.
Momentum gives a more reserved reading. Daily RSI has returned above its 50 midpoint to around 53, but remains below its signal average near 58. Selling pressure has eased since the drop from $87,000, while the indicator has yet to recover the stronger momentum visible near the recent high.
If $81,000 fails, the chart opens into a lower support sequence
A renewed move below $81,100-$81,400 would bring the 38.2% Fibonacci retracement near $77,740 into focus. That would mark the next support area beneath the range that held during the latest decline.
Below it, Bitcoin’s 50% retracement near $74,760 meets the rising 100-day SMA near $73,280. The 200-day average sits lower, near $72,130. Together, those references form a broader $72,100-$74,800 support region, relevant only if the current defence gives way.
The bounce has held; the recovery still needs confirmation
Bitcoin has preserved the area that kept the pullback shallow, leaving the daily uptrend in place for now. The next meaningful evidence would come from a return through $85,000-$86,000, where the previous advance ran out of momentum.
Until that happens, the chart describes a recovery attempt. The $81,100-$81,400 area remains the line that keeps the correction contained for now.
This article is provided for informational purposes only and does not constitute financial or investment advice. Technical levels and indicators are interpretive tools, not guarantees of future price movement.
Author
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets.
His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream.
He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets.
Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines.
During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
Hardware manufacturer Trezor has said it has reduced the number of resellers it works with following supply-chain incidents related to its competitor Ledger.
The Prague, Czech Republic-based company added in a Tuesday post on X that it was in the process of checking which vendors it works with.
It added that there were no reports of any issues with Trezor devices. “Let us be very clear: there is not a single piece of evidence that Trezor devices have been compromised,” the company wrote.
“This is a preventive step, taken out of an abundance of caution.”
Signing device manufacturer Ledger last week said it had started an investigation after customers in South East Asia reported they’d lost funds after buying from Malaysia-based reseller, CryptoBilis.
Following recent supply-chain incidents, we decided to reduce the number of resellers so we can more effectively check those we work with.
Let us be very clear: there is not a single piece of evidence that Trezor devices have been compromised.
This is a preventive step, taken… https://t.co/pKF4tCHo5c
— Trezor (@Trezor) October 13, 2026 Ledger then said that one of the impacted users’ devices contained an unauthorized hardware implant.
More reports of what appear to be tampered devices have since surfaced on social media but Ledger said Tuesday that only devices sold through CryptoBilis have been linked to lost funds.
It added that it had only confirmed an unauthorized hardware implant in one affected user’s device. The implant, according to Ledger, was able to read a seedphrase when it appeared on the device.
Ledger did not reveal how much money had been lost but blockchain investigator Specter said $86 million had been drained from devices.
“We have not confirmed the total number of affected users or the total value lost,” Ledger added on X. “Figures circulating online come from third parties and Ledger has not fully verified them.”
Ledger did not respond to Bitcoin Magazine’s questions.
CryptoBilis has also stopped selling devices, Ledger added, and advised customers who bought from CryptoBilis to not set up their devices and contact the Ledger support team.
Criminals have been targeting hardware wallets this year. Hackers in July were able to steal close to $120 million in bitcoin from Coldcard users due to a firmware bug in the devices.
Canadian company Coinkite, which makes the popular products, said that the bug led to faulty seed generation, allowing hackers to guess investor seedphrases.
In a separate incident, hardware wallet manufacturer Trezor last month reported that close to 81,000 customers had their details leaked after its third-party fulfillment partner had data stolen.
Scammers earlier this year were able to get hold of customer information via crypto wallet Ledger’s payment processor Global-e to send phishing emails.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Strive, a Nasdaq-listed company based in Dallas, Texas, has expanded its bitcoin holdings by acquiring 3,311 BTC over the past week, increasing its total to 32,773 coins. This purchase brings Strive’s bitcoin reserves to approximately $2.7 billion at current market prices, placing the firm as the fifth largest publicly traded bitcoin holder.
Bolstering Corporate Bitcoin HoldingsAccording to a recent regulatory filing published Tuesday, Strive’s latest acquisition cements its position among the top corporate holders of the cryptocurrency. The company now trails only Strategy, Twenty One, Metaplanet, and MARA in terms of publicly disclosed bitcoin holdings, based on data provided by Bitcoin Treasuries.
Unlike companies such as Strategy, which have employed debt-financed purchases to accumulate bitcoin, Strive has maintained a zero-debt strategy. CEO Matt Cole has underscored that Strive carries no margin requirements and that its bitcoin holdings remain entirely unencumbered.
Despite headwinds for major bitcoin treasuries this year, Strive’s debt-free approach and focus on shareholder value have distinguished it from peers, as evidenced by the company’s significant stock gains in 2026.
Corporate peers have endured pressure in 2026 as the value of bitcoin fluctuated. Several major treasuries saw their stock values decline, with some being forced to liquidate tokens or overhaul their business models in response to bearish market conditions.
Despite sharing similar treasury models with other digital asset companies, Strive has outperformed much of its competition. Its shares, trading under the ASST ticker, have advanced by nearly 60% year-to-date, even though they slipped slightly during Tuesday’s session. This move is in contrast to significant stock declines reported by other large bitcoin-holding firms throughout the year.
Strive officially launched as a bitcoin treasury institution last year, drawing inspiration from Strategy, currently the largest corporate bitcoin holder. However, by refusing to employ leverage or take on debt, Strive has maintained a more conservative posture toward digital asset management.
The goal for investors remains clear: produce amplified returns through Strive’s equity performance, closely linked to the value of its bitcoin reserves.
With sudden shifts in the market, including events such as unexpected altcoin listings or monetary policy decisions from the Federal Reserve, investors often find themselves moving quickly between applications for charts, news, or portfolio management. To streamline this process and enhance efficiency, some traders are utilizing privacy-focused platforms like CryptoAppsy, which consolidate real-time price alerts, macroeconomic data, and individualized news feeds in a single interface—without needing to create an account.
Acquisition Activity and LeadershipEarlier this year, Strive completed the all-stock acquisition of Semler Scientific, a move that marks the first time a publicly traded bitcoin treasury company has acquired another such entity. This acquisition is viewed as a sign of consolidation within the corporate bitcoin sector and signals further institutional interest in strategic mergers in the industry.
Strive was established by tech entrepreneur and former Ohio gubernatorial candidate Vivek Ramaswamy, who envisioned the firm playing a central role in merging digital assets with public equity markets.
As of now, Strive continues to set itself apart in the landscape of corporate bitcoin treasuries, both through its growing balance sheet and by maintaining a debt-free strategy aimed at maximizing shareholder returns.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tesla, an electric vehicle manufacturing firm led by world-renowned billionaire entrepreneur Elon Musk, has retained its strong Bitcoin position as one of Bitcoin's major corporate holders over the years.
While frequent market volatility has driven many large holders off their positions, Tesla remains committed to its Bitcoin fortune, which has barely moved over the last four years.
Tesla holds 8,430 BTCAlthough Tesla had earlier sold parts of its initial Bitcoin investment when it ventured into the crypto space around 2021, the latest data from the Arkham intelligence firm shows that the company still holds up to 8,430 BTC as of October 13.
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Per Bitcoin's current market price, the company's current Bitcoin holdings are now worth about $960 million after surviving multiple periods of extreme volatility.
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While the holdings have survived several months of market turmoil, the firm still boasts substantial paper gains, considering that Bitcoin was a lot cheaper when it initially bought in 2021. With its current holdings, Tesla remains one of Bitcoin's largest corporate holders.
Tesla's secured over $710 million in Bitcoin gains At the time of its initial venture, Tesla made headlines in February 2021 when it joined the Bitcoin bandwagon after disclosing a Bitcoin purchase worth $1.5 billion.
Its Bitcoin purchase at that time delivered large gains as Bitcoin's price climbed massively some weeks later, causing Tesla's Bitcoin holdings to reportedly be worth more than $2 billion, and around $2.5 billion at one point.
Nonetheless, Tesla later reduced its exposure after it sold 4,670 BTC in 2021, and subsequently made other major moves during the May 2022 market turmoil associated with the LUNA crash.
After several occasions of dumping and buying more BTC tokens, Tesla's Bitcoin stash has remained around 8,430 BTC since 2022.
The stash, which was worth about $250 million at the time, is now worth about $960 million per Bitcoin's recent price, marking a gain of over $710 million in four years.
In brief
Bitcoin is up 2.24% at $83,591.79 after dipping to $80,953.41, a higher low than the $80,365.12 swing that started its latest bounce.
The Crypto Fear and Greed Index sits at a neutral 55, down from an "extreme greed" peak of 82 in August.
Myriad traders give 54% odds that Bitcoin touches $80,000 in October and 45% odds it reaches $87,500.
Bitcoin is bouncing today following a week that had traders swapping "Uptober" memes for "spooky szn" ones after BTC cut its September gains in half.
The price of Bitcoin today slid to $80,953.41 early Tuesday, extending a Monday sell-off, then reversed to $83,591.79, up 2.24% on the day.
Myriad: How high will Bitcoin go? Click to make your prediction.The Crypto Fear and Greed Index, a 0-to-100 sentiment gauge built from momentum, volatility, options positioning and social data, fell to 53 from an "extreme greed" reading of 82 on Aug. 26. It reads 56 today, a neutral score. What it boils down to is this: The August euphoria is gone, but traders aren’t panicking either.
Bitcoin ETFs are down a net $386.3 million in October, and outflows force funds to sell actual Bitcoin. Wednesday's Consumer Price Index report, expected to show annual inflation rising to 3.6% from 3.4%, is the next test: a hotter print would boost rate-hike bets and likely pressure Bitcoin. The Federal Reserve meets Oct. 27-28.
Traders on Myriad, a prediction market developed by Decrypt's parent company Dastan, give 54% odds that Bitcoin falls to $80,000 this month, down from 56% on Monday. The BTC highs in October market holds at 45% for $87,500. So, overall, sentiment has improved today, even if slightly.
Bitcoin price: Bulls defend the golden zoneToday's low stopped about $588 above $80,365.12, the swing low where the bounce began. That higher low is what traders want in an uptrend. Bitcoin also reclaimed the Fibonacci "golden zone" between $81,847.57 and $82,305.50, an area where pullbacks within uptrends often draw buyers.
Bitcoin price data. Image: TradingviewThe Average Directional Index, or ADX, measures trend strength, and readings above 25 confirm a trend. It reads 29.9 with buyers in control, but it was 42.8 on Oct. 7, so the uptrend is coasting rather than accelerating. The 50-day exponential moving average stayed above the 200-day, a golden cross traders read as an intact long-term uptrend.
The Relative Strength Index, a 0-to-100 momentum gauge, sits at 53.4, just above the 50 line that separates bullish from bearish momentum. The Squeeze Momentum Indicator has been on for seven sessions, meaning volatility is compressed like a coiled spring, and its -0.52 reading leans slightly bearish.
A daily close above $84,245.88 would open $86,644.19, then the $87,422.70 high, about $77 shy of Myriad's $87,500 line. Losing $81,603.02 would bring the daily trend band's upper edge into play just above $80,000. A close below it would expose $77,500.
Until Wednesday's CPI print, the active squeeze points to a market that is winding up rather than picking a direction. Oil and Iran headlines, Treasury yields, and daily ETF flows remain the short-term catalysts to track.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief
Bitcoin is up 2.24% at $83,591.79 after dipping to $80,953.41, a higher low than the $80,365.12 swing that started its latest bounce.
The Crypto Fear and Greed Index sits at a neutral 55, down from an "extreme greed" peak of 82 in August.
Myriad traders give 54% odds that Bitcoin touches $80,000 in October and 45% odds it reaches $87,500.
Bitcoin is bouncing today following a week that had traders swapping "Uptober" memes for "spooky szn" ones after BTC cut its September gains in half.
The price of Bitcoin today slid to $80,953.41 early Tuesday, extending a Monday sell-off, then reversed to $83,591.79, up 2.24% on the day.
Myriad: How high will Bitcoin go? Click to make your prediction.The Crypto Fear and Greed Index, a 0-to-100 sentiment gauge built from momentum, volatility, options positioning and social data, fell to 53 from an "extreme greed" reading of 82 on Aug. 26. It reads 56 today, a neutral score. What it boils down to is this: The August euphoria is gone, but traders aren’t panicking either.
Bitcoin ETFs are down a net $386.3 million in October, and outflows force funds to sell actual Bitcoin. Wednesday's Consumer Price Index report, expected to show annual inflation rising to 3.6% from 3.4%, is the next test: a hotter print would boost rate-hike bets and likely pressure Bitcoin. The Federal Reserve meets Oct. 27-28.
Traders on Myriad, a prediction market developed by Decrypt's parent company Dastan, give 54% odds that Bitcoin falls to $80,000 this month, down from 56% on Monday. The BTC highs in October market holds at 45% for $87,500. So, overall, sentiment has improved today, even if slightly.
Bitcoin price: Bulls defend the golden zoneToday's low stopped about $588 above $80,365.12, the swing low where the bounce began. That higher low is what traders want in an uptrend. Bitcoin also reclaimed the Fibonacci "golden zone" between $81,847.57 and $82,305.50, an area where pullbacks within uptrends often draw buyers.
Bitcoin price data. Image: TradingviewThe Average Directional Index, or ADX, measures trend strength, and readings above 25 confirm a trend. It reads 29.9 with buyers in control, but it was 42.8 on Oct. 7, so the uptrend is coasting rather than accelerating. The 50-day exponential moving average stayed above the 200-day, a golden cross traders read as an intact long-term uptrend.
The Relative Strength Index, a 0-to-100 momentum gauge, sits at 53.4, just above the 50 line that separates bullish from bearish momentum. The Squeeze Momentum Indicator has been on for seven sessions, meaning volatility is compressed like a coiled spring, and its -0.52 reading leans slightly bearish.
A daily close above $84,245.88 would open $86,644.19, then the $87,422.70 high, about $77 shy of Myriad's $87,500 line. Losing $81,603.02 would bring the daily trend band's upper edge into play just above $80,000. A close below it would expose $77,500.
Until Wednesday's CPI print, the active squeeze points to a market that is winding up rather than picking a direction. Oil and Iran headlines, Treasury yields, and daily ETF flows remain the short-term catalysts to track.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Glassnode stated that the cost basis of investors who purchased Bitcoin at high levels continues to cap its upside potential. Following Bitcoin’s rebound to around $88,000, investors with 1 to 2-year holding periods sold off heavily, and this price level is also near the break-even point for investors who have held Bitcoin for 6 to 12 months. Bitcoin’s price subsequently faced resistance below this level, and this selling pressure has now eased significantly.
Bitcoin’s price could be due a move upwards as the supply of the leading cryptocurrency on exchanges shrinks.
That’s according to a researcher at data firm CryptoQuant, who wrote in a Monday report that bitcoin on exchanges has dropped to 2.67 million from 2.8 million since February.
The price of bitcoin was recently $83,485, unmoved over a 24-hour period but up 8% over the past 30 days after having its best quarter in years. Its surge in August and September has led a number of analysts to declare the bear market is over.
“If buying demand continues to improve while exchange supply remains low, BTC could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend,” the report by on-chain researcher Rei Researcher read.
It added: “More importantly, in recent weeks, bitcoin has recovered from its lows while exchange reserves have continued to decline. This is a notable development, suggesting that the supply readily available for trading is decreasing even as the market recovers.”
The report further noted that it was possible investors were taking bitcoin off exchanges to put in cold storage solutions.
Bitcoin’s price was mostly trading under $65,000 for the first half of 2026. The coin spent most of this year in a bear market following the all-time high of $126,080 it hit in October 2025.
But that all changed in August. News that the U.S. Treasury would double the size of its liquidity-support buyback operations, weakening the dollar but strengthening bitcoin and other non-yield bearing assets.
Now, the so-called debasement trade — where investors throw money at an asset to hedge against a currency losing its value — is hot again. Bitcoin is benefiting from the trade, analysts say, as it did in 2024 and 2025.
Bitcoin’s price is still more than 30% below its record.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
