“First they ignore you, then they laugh at you, then they fight you, then you win.”
— Mahatma Gandhi
QUESTION OF THE DAY
If more countries follow Kazakhstan and El Salvador in building strategic Bitcoin reserves, will this fundamentally change Bitcoin’s role from a speculative asset to a sovereign reserve currency?
BITCOIN PRICES
- Bitcoin (BTC) Breaks Past Major Liquidity Zone, $115,000 Imminent? (UToday)
- Bitcoin long-term holders offload 241,000 BTC: Is sub-$100K BTC next? (Cointelegraph)
- Bitcoin May Need an 8% Dip to $101,000 Before a New All-Time High, History Suggests (BeInCrypto)
- Bitcoin whales dump 115,000 BTC in biggest sell-off since mid-2022 (Cointelegraph)
BITCOIN ANALYSIS
- BTC Eyes $120K With Bullish H&S Pattern: Technical Analysis (CoinDesk)
- Bitcoin Faces $112.5K Wall (CryptoPotato)
- Bitcoin’s gold correlation implies a potential rally toward $167K–$185K in the months ahead. – Tephra Digital 📈 (E)
BITCOIN ADOPTION
- Wall Street Giant Cantor Debuts Bitcoin Fund With Gold Insurance (Decrypt) (E)
BITCOIN MININIG
- Solo Bitcoin Miner Gets Lucky, Scores $347K in BTC (Decrypt)
BITCOIN STRATEGIC RESERVE
- 🚨BREAKING: 🇰🇿 Kazakhstan’s President has ordered the creation of a strategic Bitcoin reserve. This is huge. 🔥
- Bukele says El Salvador purchased $2.3 million in BTC to mark bitcoin law anniversary (The Block, Decrypt, BeInCrypto, Cointelegraph)
CORPORATE TREASURY
- Strategy buys another 1,955 bitcoin for $217 million amid S&P 500 snub as holdings reach 638,460 BTC (The Block, Cointelegraph, Decrypt)
- Metaplanet Acquires 136 More Bitcoin as It Races Toward 2026 Target (Decrypt, Cointelegraph, The Block)
- BTC Treasury Demand Is Weakening, CryptoQuant Cautions (CoinDesk)
- Galaxy, Jump and Multicoin lead $1.65 billion private placement for Solana treasury strategy (The Block, CoinDesk)
- BitMine Widens Ethereum Treasury Lead as ETH Stash Hits $9 Billion With Latest Buy (Decrypt, CoinDesk)
- How Hong Kong Firms Are Redefining Corporate Treasury with ETH, BNB, and SOL (BeInCrypto)
- JUST IN: 🇿🇦 South Africa’s Altvest Capital plans to raise $210M to buy Bitcoin for its treasury. 🟧 (E)
- JUST IN: 🇭🇰 Hong Kong's HashKey to launch a $500M Digital Asset Treasury fund, backing companies that accumulate Bitcoin. 🟧 (E)
- CleanCore Solutions Jumps 38% After $68M Dogecoin Purchase (CoinDesk, The Block) (E)
- Tether’s Bitcoin Holdings Actually Up, CEO Debunks BTC Dumping Claims (CryptoPotato) (E)
ETHEREUM
- ETH Jumps 7% to $4,200, Highest Since December 2021; $200 Million Liquidated, (Coindesk, BeInCrypto, CryptoPotato)
ALTCOINS
- XRP Whales Scoop Up $630 Million, But One Risk Remains (BeInCrypto)
- DOGE Surges 7% Daily as Analysts See Signs of Explosive Rally (CryptoPotato)
- DOGE Hits 23-Cents on Whale Buying, Supply Zone Stalls Breakout (CoinDesk) (E)
ETFs
- BlackRock Says No To XRP ETF (BeInCrypto)
- BlackRock launching a SOL ETF in first wave would be 'messed up' — Analyst (Cointelegraph)
- Ethereum ETFs Shed $788M Over Four Days in Institutional Exodus (Decrypt)
- Grayscale seeks SEC approval to launch spot Chainlink ETF in the US (The Block)
REGULATION
- JUST IN: 🇺🇸 SEC to host public Bitcoin and crypto roundtable on October 17. (E)
POLITICS
- 🇺🇸 BREAKING: A new bill requires the U.S. Treasury to report on how a Strategic Bitcoin Reserve would appear on the federal balance sheet.
America moving closer to officially holding Bitcoin. 🔥 (E)
VOICES
- Peter Schiff: Lambasts Permabull Tom Lee's $200K Bitcoin (BTC) Prediction (UToday)
- Cathie Wood: says institutions will bring TRILLIONS into Bitcoin. "It's barely started." 🚀
- Ricardo Salinas: Billionaire says Bitcoin will 8x to over $1 million “very shortly.” 🚀
- Tom Lee: Fundstrat says Bitcoin can EASILY reach $200,000 by year end. That's a 2x by Christmas. 🎄(Decrypt)
- Michael Saylor: Analysts expect Bitcoin above $150,000 by Christmas. 🎄(E)
- Putin advisor: Claims U.S. may tap crypto to ease debt projected to hit 150% of GDP (The Street, Decrypt) (E)
- Jack Dorsey: Bitcoin is irrelevant if it’s just a store of value and not used for everyday payments. (E)
- 🇺🇸 ERIC TRUMP: "Bitcoin is the greatest asset of our time." (E)
- JULIAN ASSANGE: "Bitcoin can defend itself against the full might of a superpower.” (E)
VIDEO OF THE DAY
PODCAST OF THE DAY
Stripe's Trillion-Dollar Bet: How Stablecoins Eat Global Payments | Founder of Bridge Zach Adams | Bankless
