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Happy Monday Folks! According to Robert Kiyosaki, famously known as the "Rich Dad, Poor Dad" author, buying Bitcoin now will make you smile later. There appears to be something big brewing with the emergency Fed meeting today and news is brewing about a Lehman 2.0 event; Deutsche Bank and Credit Suisse appears to be in trouble. Meanwhile, Alex Mashinsky withdrew $10MM to pay taxes it appears and a hacker has returned 70% of the 21MM tokens from the Transit Swap Dex. 

Other news gaining traction is Kim Kardashian being charged by the SEC, Coinbase funds are okay after outage, and DOJ is blocking Celsius motion to reopen withdrawls. I think this will be a crazy news day so buckle up and once again - welcome to Uptober?! 

Podcast of the Day: On The Brink: Alexandra DaCosta and David Yi (Aspen Creek) on a New Model for Renewable Mining

FOLLOW DAT MONEY

Trending

• SEC ‘Charges Kim Kardashian for Unlawfully Touting Crypto Security’, She Agrees to Pay $1.26M (Cryptoglobe | CryptoPotato | TB | Blockworks | BIC | Cointelegraph | CNBC | Coindesk | Bitcoinist | Finbold | Cointelegraph | Cointelegraph)
• Robert Kiyosaki: Calls Bitcoin a ‘buying opportunity’ as US dollar surges (Finbold | Cointelegraph | Cryptoglobe | Bitcoinist | CryptoPotato | UToday | BIC | TDH | UToday) 
• Celsius Founder Withdrew $10M Before Freeze to Pay Taxes: Report (TB | Cointelegraph | Coindesk | BIC | UToday | Blockworks)

Gaining Traction

• Binance signs agreement with Kazakhstan and plans regional hub (TB | BIC | CryptoPotato | Coindesk | Cointelegraph | CryptoPotato)
• Hacker returns 70% of $21 million taken from Transit Swap DEX (Cointelegraph | BIC | TB | Decrypt | Bitcoinist)
• Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below $50M (TB | Coindesk | CryptoPotato | Cointelegraph)
• Crypto Could ‘Pose Risks to US Stability’ – Fed Adviser (Blockworks | Decrypt | Finbold | TDH)

CRYPTO MARKET

• Lehman Brothers 2.0 Situation May Cause Another Catastrophe on Crypto and Financial Markets (UToday | BIC)
• Forget ‘Uptober,’ Crypto Market Remains at Risk of Further Losses (BIC)
• Crypto’s Popularity Among American Millennials on the Decline (Survey) (CryptoPotato)
• Crypto Billionaires Are Disappearing: Casualties Of The Bear Market (BIC)
• Bank for International Settlements: Global banks’ total exposure to crypto is 0.01% (Finbold | TDH | Cointelegraph)
• Polkadot, XRP, Cardano among the top 10 crypto assets chosen by banks – BIS study (Finbold | Cryptoglobe)
• A crumbling stock market could create profitable opportunities for Bitcoin traders (Cointelegraph)

BITCOIN & ETHEREUM

Positive

• Over 34,000 BTC Moved off Exchanges in Single Day (UToday)
• Bitcoin Price Is Sitting On A Gun Powder, Will It Explode? (NewsBTC)
• Bitcoin Bullish Signal: Exchange Outflows Spike Up (NewsBTC)
• Bitcoin Stock-to-Flow Creator Buys the Dip, Is the Price Model Still Valid? (BIC | CryptoPotato | TDH)
• Bitcoin Price: Has BTC Reached The Final Stages Of The Bear Market? (Bitcoinist)
• Bitcoin NVT Golden Cross Says BTC Is Close To Being “Overbought” (Bitcoinist)
• A crumbling stock market could create profitable opportunities for Bitcoin traders (Cointelegraph)
• Money Flowing Out Of Crypto Funds Is 666M Less Than Previous Quarter Indicating Bearish Investors Are Already Out: Bloomberg (EWN)
• Institutions Are Buying Bitcoin Despite Extreme Fear in Crypto Market (BIC)
• Ethereum Became Profitable Again, Price Reacts Immediately (UToday)

Neutral

• Bitcoin (BTC) Closes Week Above Support. Are We in for Green October? (BIC)
• Bitcoin Flat at $19K Ahead of Fed’s Emergency Meeting: Market Watch (CryptoPotato)

Negative

• Range-Bound Bitcoin Reminds Crypto Twitter of 2018 Lull That Ended With 50% Crash (Coindesk)
• BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week (Cointelegraph)
• Bitcoin performed poorly in October amid previous bear markets; More trouble for BTC ahead? (Finbold)
• Ethereum Staking and Burning Metrics Solid But Bearish Price Prediction Still Looms (BIC)
• Market Analysts Predict Ether Bearish Continuation That Could Crash Ethereum To $750 (ZyCrypto)
• Ethereum on Verge of Collapse as This Indicator Hits New Multimonth Low (UToday)

ALTCOINS/STABLECOINS/CBDCs

• Binance Coin (BNB) Bulls Defends Key Zone, Will The Give Up? (NewsBTC)
• 1 Billion XRP Did Not Leave Escrow This Time; Is Ripple Done with Regular Withdrawals? (UToday)
• XRP At $20? Monster Bull Run Envisioned For XRP Following Upshot Of SEC Legal Brawl (ZyCrypto | Cointelegraph)
• XRP Volcano Going to Blow Soon, Bestselling Author Bryant McGill Believes (UToday)
• Fintech App Eco to Convert User Balances From US Dollars to USDC (Coindesk)
• US Senator Introduces Bill That Prohibits Government From Eliminating Cash When CBDC Is Created (TDH)

TRADER'S CORNER

Positive

• Pentoshi: Top Crypto Analyst Says Big Move Imminent for Bitcoin, Predicts BTC Will Outperform Altcoin Market (TDH)
  
• Benjamin Cowen: Top Analyst Makes Case for Q4 Bitcoin and Crypto Rally As Fiat Currencies Get Crushed (TDH)
• Arthur Hayes: Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets (TDH)
•  

Neutral

• Alessio Rastani: Next few weeks are ‘critical’ for stock market and Bitcoin, analyst says (Cointelegraph)

Negative

• Cantering Clark: Crypto Analyst Warns Bitcoin Could Witness Massive Devaluation As Equities Markets Print Fresh 2022 Lows (TDH)
• Nicholas Merten: Crypto Analyst Issues Warning, Gives Downward Bitcoin Price Target As BTC Loses $20,000 Level (TDH)
• How Many Times Was Renowned Analyst Crypto Capo Wrong About Bitcoin? (BIC)

NOTABLE VOICES

• Anatoly Yakovenko: How Solana Became a Leading Blockchain Over Past 18 Months (Cryptoglobe)

CEFI/DEFI

• Ethereum mining, staking revenues down more than 50% in September (TB)
• Ether staking is too difficult, community members claim (Cointelegraph)
• Ethereum lost almost 20% of its market cap since the Merge upgrade (Finbold)
• Flashbots now accounts for 39% of Ethereum blocks as censorship concerns rise (TB)
• T-Mobile Parent Company Says It Supports Ethereum As Giant Launches New Staking Validator (TDH)

BLOCKCHAINS

• Bitcoin Lightning Network capacity strikes 5,000 BTC (Cointelegraph)
• There Are Currently 1,113 Projects Building on Cardano (Cryptoglobe)

EXCHANGES

• Coinbase Says Funds Are Safe After 6-Hour Bank Outage (BIC | Coindesk | Blockworks)
• Binance opens two new Brazil offices (TB | Bitcoinist | Cointelegraph)
• How Binance is Training Law Enforcement Around the World to Combat Crypto Crime (Decrypt)
• Circle CEO Jeremy Allaire Says Company Intends To Become Full Reserve Digital Currency Bank (TDH)

MINING

• Bitcoin mining power reaches all-time high in spite of macroeconomic concerns (Finbold)
• Bitcoin mining revenues down 16.2% in September (TB)
• Bitcoin mining stock report: Monday, October 3 (TB)

LEGISLATION/REGULATION

• The U.S. Senators Bill Hagerty Revised Cybersecurity Bill To Include Crypto (Bitcoinist | TDH)
• US Treasury recommends lawmakers decide which regulators will oversee crypto spot market (Cointelegraph)

LEGAL BATTLES

• DOJ Seeks to Block Celsius Motion to Reopen Withdrawals (CryptoPotato | Coindesk | Cointelegraph)
• CFTC Charges Digitex Founder Adam Todd With Running Illegal Crypto Derivatives Trading Platform (Coindesk | Blockworks)
• US SEC Charges Two Firms for Alleged Crypto Pump and Dump Scheme (CryptoPotato | Coindesk)
• Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid (Cointelegraph)

ATTACKS/HACKS/SCAMS

• California fraud cases highlight the need for a regulatory crackdown on crypto (Cointelegraph | CryptoPotato)
• Ripple CEO Complains About Scam Accounts on Social Media (UToday)

LISTEN

• What Bitcoin Did: Bitcoin & the Energy Transition with Nima Tabatabai
• Bankless: 138 - What's Next? Vitalik Buterin | Part II