Bitcoin continues its volatile journey amid macroeconomic shifts and institutional interest. Here’s a roundup of recent developments.
Opened after 42 independent outlets converged within two days. 60 VictoriaPark stories collected. · Briefed by qwen2.5:7b
Ledger, a hardware wallet manufacturer, has warned buyers not to set up wallets from resellers after users reported losses. The company is investigating the issue, as detailed in an article first published on Bitcoin Magazine.
UTXO's Loren Asmus argues that the $300 trillion bond market represents Bitcoin’s next frontier, stating it isn't a trade but a portfolio staple. The original article can be found on Bitcoin Magazine.
Calamos Investments CEO John Koudounis predicts that Bitcoin will reach $1 million per coin by 2030, citing institutional bank lending and ETF access as key drivers. The statement first appeared on Bitcoin Magazine and was written by Patrick Green.
A man from Virginia has been sentenced to 40 years in prison for operating a dark web drug market and agreed to forfeit $100 million worth of Bitcoin. His partner forfeited nearly 1,600 BTC.
Sui, a layer-1 blockchain, is set to launch Hashi, an institutional protocol enabling users to utilize bitcoin as collateral without removing it from the Bitcoin network. The initiative has secured $500 million in commitments. For more details, see the original source: [Link].
Bitcoin and Ethereum exchange-traded funds (ETFs) experienced significant outflows in October, with Bitcoin ETFs losing $244 million on Thursday and Ether funds seeing a further $641 million exit over eight sessions. The total outflow approaches $1 billion.
Live updates: XRP ETFs are the only ones in green today as Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC) funds experienced outflows. Bitcoin is trading near $82,000 after a significant liquidation event worth $1 billion. The ZEC fund continues its October trend of outflows, while Bitcoin ETFs lost $244 million on Thursday. For more details, refer to the original source.
Core Lightning has released version v26.06.9 to address a regression issue from v26.06.8 that could delay channel traffic on busy nodes, while also adding protections for forwarded funds. The update addresses critical security flaws and a Bitcoin payment bug. For more details, see the original post on CryptoSlate.
Bitcoin mining revenues have surged by 78% as Bitcoin prices recover, lifting total daily industry earnings from around $27 million to up to $48 million. According to a report by CryptoQuant shared with CryptoSlate, this recovery follows Bitcoin's price increase of about 45% from $58,000 to above $83,000.
Bitcoin has rebounded to $82,000 as President Trump ruled out an Iran strike ahead of the midterms. Crypto security experts have dismissed concerns about 'bunker mode.' For more details, see the original report.
According to minutes released on October 7, artificial intelligence (AI) debt is cited as one reason for higher yields, potentially keeping Bitcoin's largest macroeconomic challenge alive even as the Federal Reserve halts interest rate hikes. The original article can be found on CryptoSlate: [Link].
Citrini Research suggests that the tokenization of stocks, bonds, and loans could create larger market opportunities than cryptocurrencies like Bitcoin and Ether. The firm believes fee-generating platforms and companies will benefit from these new trading and lending markets.
StoneX's Global Macro Director, Vincent Deluard, warns of potential contagion in the French bond market and a bearish outlook for equities post-November. He remains bullish on Bitcoin. The original article first appeared on Bitcoin Magazine and was written by Patrick Green.
Bitcoin's monthly 'new money' inflows approached $5 billion in the 30 days to October 5, according to Glassnode data, with most of the increase coming from existing holders rather than fresh capital.
Glassnode's October 7 report indicates that Bitcoin's recent breakout attempt reached a one-year high on October 4, but highlighted potential supply issues due to thin trading volumes. The analysis suggests this could signal a dangerous mix of reduced liquidity and easy profits for traders.
Vitalik Buterin has urged calm amid growing concerns about artificial intelligence (AI) potentially weakening the cryptography of Bitcoin and Ethereum, which are designed to resist quantum attacks. He recommends using unused addresses during migration when possible. The original post can be found on CryptoSlate.
Lenders report that borrowers are using Bitcoin loans for tuition and working capital, not just trading. This indicates Bitcoin-backed lending is becoming a more mainstream source of credit.
Bitcoin has fallen below $83,000 as oil prices rose above $102 per barrel following reports of potential Iranian strikes. Treasury yields have climbed towards their highest levels since 2002. For more details, refer to the original report from FxPro.
The U.S. government has moved approximately $470 million in seized cryptocurrency to likely Coinbase Prime addresses, according to blockchain analytics firm Arkham Intelligence. This development has raised questions about potential asset sales. The transfers, which included Bitcoin, wrapped Bitcoin, and USDT, are linked to the 2016 Bitfinex hack and other seizures. For more details, see the original report on CryptoSlate.
Ethereum researcher Justin Drake has warned the blockchain industry to prepare for an 'unexpected AI threat' following recent advancements in mathematics by OpenAI. On October 7, Drake advised a 'bunker mode,' suggesting a controlled migration of digital assets into new addresses as a precautionary measure. For more details, read the full post on CryptoSlate.
An engineer named Daniel Rhyne was sentenced to 32 months in prison for plotting to extort his own employer using Bitcoin. He locked the company's IT administrators out of its network and demanded 20 BTC, valued at $750,000 at the time, to halt the shutdowns. The case highlights the risks of insider threats in cybersecurity.
Bitcoin's recovery has stalled just short of rescuing its last underwater cohort, according to analysis of yearly buyer cohorts and U.S. spot ETF investors. The cryptocurrency is currently trading below $84,000, marking potential support and resistance levels for future movements.
The U.S. Department of Justice (DOJ) is invoking a recent Bitcoin Fog appeals court ruling to bolster its case against Roman Storm, potentially undermining his acquittal bid in New York. Prosecutors argue that Tornado Cash activity in Manhattan was sufficient to establish venue for parts of Storm’s trial.
Bitcoin fell to approximately $84,200 on Wednesday but remained within its recent trading range, preserving its overall bullish 'stair-step' trend.
Bitcoin has dipped below $84,000, falling to a level where analysts predict sellers will dominate. Meanwhile, oil prices have risen following attacks on Iranian tankers. For more details, refer to the original reports.
Kalshi's 15-minute gold markets surpassed Ethereum's trading volume just weeks after launch, with gold recording 542 million contracts and estimated $5 million in fees in September. Ether saw 318 million contracts and $2.6 million in fees during the same period. Bitcoin still dominated the market.
Strategy reported a $4.1 billion tax benefit due to the recent Bitcoin rally, according to its October filing. This outcome is linked to ETF cost estimates and redemption activities post-rally.
Bitcoin.de trading continues to be halted after Germany's financial regulator rejected the company's application for MiCA authorization. The platform has been largely suspended since June, pending regulatory approval. Bitcoin.de is now exploring partnerships with regulated entities to resume operations.
StoneX's Mark Palmer explains a $435 million target price for MSTR, linking it to Strategy's consolidation outlook. The strategy involves buying STRC over Bitcoin and emphasizes the importance of preferred stock for fundraising and reserve cash driving the stock to par value. For more details, see the original post on Bitcoin Magazine.
The real estate market in Spain is experiencing significant challenges with a 2% rent ceiling set against 4.9% September inflation, leading to compulsory five- and seven-year lease renewals that rewrite signed agreements. Despite these measures, the Bank of Spain reports a housing deficit near 750,000 homes. The article first appeared on Bitcoin Magazine and was written by Kristyna Mazankova.
BlackRock has stated that artificial intelligence (AI) agents could become a significant driver of demand for cryptocurrencies, according to an article on Bitcoin Magazine. The asset manager notes the convergence of AI and digital assets, suggesting that AI adoption may be an underappreciated source of crypto demand. For more details, see the original post on Bitcoin Magazine: [Link].
Bitcoin is down 'just' 32% a year after reaching its record high of $126,000. This shallower decline isn't limited to the one-year mark; past downturns have seen prices fall by as much as 77% to 85%. For more details, refer to the original source.
Bitcoin futures fell by $1.4 billion this week, according to Glassnode's weekly snapshot. However, spot market buying has provided a counterbalance. For more details, see the original post on CryptoSlate.
Bringin has opened euro business accounts for Bitcoin companies across 30 European countries, using MiCA-authorized infrastructure from Lightspark Payments Europe AS. The accounts feature hardware security modules with funds accessible only to designated owners. For more details, see the original post on Bitcoin Magazine.
Bitcoin (BTC) fell back to around $85,600 after failing to break above $87,000 for the third time since September 23, while stocks on the Nasdaq closed at a record high and Treasury yields continued to rise.
Strive, a Nasdaq-listed bitcoin treasury company co-founded by Vivek Ramaswamy, purchased approximately $169 million worth of Bitcoin for 2,000 coins last week. This is its largest buy in four months and brings its total holdings to 29,462 BTC.
CryptoQuant's Ki Young Ju has announced that a 'Bull Run Has Started' for Bitcoin, with an expected gain of 3 to 5 times from current lows as ETF inflows reduce market volatility. This outlook signals the end of the bear market. For more details, see the original post on Bitcoin Magazine: [Link](https://bitcoinmagazine.com/cryptocquant-bull-run-has-started-3x-to-5x-cycle-outlook/).
Bitcoin ETFs have brought in $241 million to kick start 'Uptober,' a historically good month for bitcoin investors, according to a report from Bitcoin Magazine. The article, authored by Mathew Di Salvo, highlights how ETF buyers are contributing to the legendary month's positive momentum.
Bitcoin Magazine has released a list of top blockchain visualizers for personal use, including OmPool, which sonifies live Bitcoin mempool flow in the terminal. The post also features Bitlisten, Proof of Sound, and self-hosted mempool.space as alternatives for home display rather than trading terminals. For more details, see the original article on Bitcoin Magazine.
Metaplanet sold 10,000 Bitcoin and later bought back 11,000 BTC at a higher price to strengthen its credit profile during the third quarter. The Tokyo-listed company converted enough Bitcoin into cash to exceed its outstanding debt and subsequently rebuilt its position.
Japanese firm Metaplanet added 1,000 net bitcoins in the third quarter, bringing its holdings to 44,000 BTC after selling 10,000 and buying 11,000. The move shows liquidity as the company seeks recurring income from preferred securities. [Source: Company statement]
Bitcoin ETFs experienced a third consecutive week of inflows, while Ether ETFs saw outflows of $138 million and Zcash funds recorded their first weekly outflow. For more details, refer to the original report.
Bitcoin nearly reached its late-September peak at around $87,000 but reversed and fell below $86,000. This is the second significant rally in a week that stalled before sellers pushed prices back down.
Former Securities and Exchange Commission (SEC) head Jay Clayton has been appointed as the new U.S. AI Czar, according to reports. Meanwhile, Peter Brandt, a prominent Bitcoin advocate, has turned bullish again, predicting that Bitcoin could reach $600K by 2029. The XRP community, led by Roman Storm and others, is reportedly unhappy with Clayton's appointment in this role.
Bitcoin Core's latest update addresses a vulnerability where missing-output SIGHASH_SINGLE requests could leave recipients unbound, potentially allowing funds to be redirected without key theft. The fix is part of the merged PSBT repair feature but has not yet reached a confirmed release destination. For more details, see the original post on CryptoSlate.
Bitcoin ETFs saw inflows of $134.4 million in the first two trading days of October, reversing a September 30 outflow. This rebound follows a weak jobs report that reduced bets on Federal Reserve interest rate hikes.
A Federal Reserve interest rate hike can benefit dollar-backed stablecoins by rewarding those earning interest on their assets, while hurting Bitcoin borrowers who must find additional funds to pay their lenders. The same Fed action impacts crypto businesses differently due to their distinct financial structures. For more details, see the original post on CryptoSlate.
El Salvador has received $138 million from the IMF following the granting of waivers related to its use of Bitcoin. The IMF stated that efforts will continue to reduce state involvement in Bitcoin activities and strengthen crypto-asset regulation and governance.
