“Discipline buys what panic discounts.”
QUESTION OF THE DAY
BTC is oscillating between $105K and $115K while gold prints new highs and stablecoin rails institutionalize. Where do you add first—BTC on a $115–120K reclaim, ETH on a clean $4.8K break, or picks-and-shovels that monetize the rails? Why?
MARKET ANALYSIS
- Bitcoin's Plunge Below $105,000 Sends Crypto Market Cap to Lowest Level Since July (Decrypt)
- Fear returns to the crypto market as $230B vanishes overnight; how low will Bitcoin go? Regional US ‘bank stress’ pushes BTC toward $100K (Cointelegraph)
- Bitcoin’s October Slowdown Masks Strength, Analysts Predict Catch-Up With Gold (CoinDesk)
- A Bitcoin Documentary Featuring Michael Saylor Is Coming Out On Prime and Apple TV (BeInCrypto)
- Alien discovery more likely than Bitcoin hitting $200K (The Street)
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JUST IN: 67% of institutions expect Bitcoin to hit $130,000 in the next 3–6 months — Coinbase survey. Don’t get shaken out 🙏
BITCOIN MINING
- Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan (CoinDesk)
- Bitcoin miner Bitfarms upsizes convertible notes offering to $500 million 9The Block)
ADOPTION
- 🇺🇸 $5 BILLION ACI Worldwide partners with BitPay to expand Bitcoin and crypto payment solutions. Bitcoin adoption growing every day 🟧🔥
- 🇺🇸 U.S. Bancorp to form a new unit focused on Bitcoin and crypto. Big banks are embracing Bitcoin 🔥
- Tether donates $250,000 to OpenSats to support Bitcoin development and open-source freedom tech. “Bitcoin and free, open software are indispensable to a freer future.” – Paolo Ardoino 🟧
- Charles Schwab to offer spot Bitcoin and crypto trading in 2026 Schwab manages $10 TRILLION 👀
- Florida proposal puts bitcoin and ETFs on the menu for state and pension funds (The Block, BeInCrypto)
- Jack Dorsey wants WhatsApp rival to use Bitcoin (The Street)
TREASURY, STRATEGIC RESERVE and DATs
- Bitcoin Treasury Firms Aren’t Soaking Up BTC Supply Anymore (CoinDesk)
- ZOOZ Expands Bitcoin Treasury With $10 Million Purchase of 88 BTC (Cryptoprowl)
- Cardone Capital buys another 200 Bitcoin worth $21.6 MILLION 🔥
- Public companies hold $110B BTC (Cointelegraph)
ETHEREUM
- Ethereum Foundation deploys fresh 2,400 ETH using DeFi lender Morpho (The Block)
- Ethereum Price’s Rise To $5,000 Could Be Blocked By These Holders Selling (BeInCrypto)
- Citizens Sees Ether Primed for $10K as Supply Tightens and Institutional Demand Surges (CoinDesk)
- Ethereum attracted more than 16K new devs over 9 months (Cointelegraph)
- ETH bulls unmoved by surprise sell-off below $3.7K (Cointelegraph)
ALTCOINS
- Ripple Raising $1 Billion for XRP Treasury (UToday)
STABLECOINS
- BlackRock takes a piece of booming stablecoin market with redesigned fund (Cointelegraph, BeInCrypto)
- Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market (Decrypt)
ETFs
- Cathie Wood's Ark Invest files for 4 new Bitcoin ETFs. Wall Street can’t get enough Bitcoin 🏦🟧
- Bitcoin ETFs See $536 Million in Outflows as BTC Wilts Below $110K (CoinDesk)
EXCHANGES
- Coinbase Rolls Out the 'Blue Carpet' for Binance’s BNB Token (CoinDesk, The Block, Decrypt)
POLITICS
- 🇺🇸 California passes law to allow state government to custody Bitcoin and crypto. The 4th largest economy in the world can now hold Bitcoin 🚀
- Adam Draper Endorses Pro-Bitcoin California Governor Candidate (UToday)
VOICES
- Samson Mow: The Bitcoin bull market is behind schedule and may push into next year, with multiple countries considering a Strategic Bitcoin Reserve "It's a matter of time before we see a massive run-up and a massive nation-state FOMO panic."
- Henrik Zeberg: Bitcoin is in an ‘extreme bubble’, to ‘crash horrendously’, top macroeconomist says (Finbold)
- Kikvadze: CNBC guest says Bitcoin is going to $1 million, then to $10 million 🚀 "It is of scarce value, it is digital gold, and it has all the properties to be anti-inflationary."
- Ricardo Salinas: 🇲🇽 Billionaire just said Bitcoin will go up at least 14x to $1.5 MILLION to catch up with gold "And then it will continue to outperform." 🔥
- Tom Lee: ‘Ethereum could flip Bitcoin’ like Wall Street flipped gold
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Charles Schwab: $11 TRILLION Money Manager says interest in Bitcoin is exploding, up +90% over the past year
Schwab will offer Bitcoin and crypto trading in H1 2026
WHAT TO WATCH
LISTEN TO THIS!
Why Bitcoin's Biggest Threat - and Opportunity Might - Come from Quantum Physics | The Charlie Shrem Show
