“Discipline buys what panic discounts.”
QUESTION OF THE DAY
When the market feels shaky, what’s one habit you can practice today that future-you will thank you for—planning your actions in advance, reducing noise, or doubling down on learning?
MARKET ANALYSIS
- Bitcoin’s Profit Supply Shrinks as Price Fails to Breach 2-Week Downtrend (BeInCrypto)
- Bitcoin Falls Below $108K Amid $320M Liquidations as Excess Leverage Gets Flushed Out and Battles Key Technical Levels as Uptober Momentum Fades (CoinDesk)
- Bitcoin Hits Key Support; Analysts Warn of Deeper Correction (BeInCrypto)
- Bitcoin eyes CME gap below as BTC price dips 2.5%, risks $100K collapse (Cointelegraph)
BITCOIN MINING
- Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test (CoinDesk)
- British Columbia to Permanently Ban New Crypto Mining Projects From Grid (CoinDesk, The Block)
ADOPTION
- Institutional Investors Pour $434,900,000 Into Ethereum, Solana and XRP in One Week – While Selling $946,000,000 in Bitcoin (The Daily Hodl)
TREASURY, STRATEGIC RESERVE and DATs
- SpaceX moves $257M in Bitcoin, reigniting questions over its crypto play (Cointelegraph, The Block)
- SharpLink adds 19,000 ETH, lifting holdings to $3.5B as companies buy the dip (Cointelegraph) (E)
- German MicroStrategy Aims to Buy 10,000 Bitcoins Fast (BeInCrypto)
ETHEREUM
- Ethereum fails again above $4K as traders grow frustrated with shakeouts (Cointelegraph)
STABLECOINS
- OCC Chief Plays Down Stablecoin 'Bank Run' Fears (Decrypt)
- U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets (CoinDesk)
ETFs
- Spot bitcoin ETFs extend negative streak to four days with $40 million in outflows (The Block)
VOICES
- Peter Brandt Hints at Possible Bitcoin Top (UToday)
- Willy Woo: Crypto’s next bear market will have a brand-new trigger Business Market Downturn (Cointelegraph)
- JUST IN: 🇺🇸 Fed Governor Waller: "Bitcoin is "like electronic gold."
WHAT TO WATCH
LISTEN TO THIS!
Bitcoin's Crisis of Stagnation, Upgrades, & Control | Paul Sztorc | Supply Shock
