"Voters don't decide issues, they decide who will decide issues."
 – George Will

Powered by Forward - Finally, a doctor dedicated to your long-term health

FOLLOW DAT MONEY! $553MM

Happy Monday Folks! There is drama in the exchange world. It appears CZ is no longer excited about FTX and is looking to unload $2B worth of FTT; will there be contagion and broader market fallout from this situation? CPI data is coming out later this week along with the US Mid-Term election tomorrow; those events will also have some impact on the market. USDC adds Solana but it's not doing so well. 

Meanwhile, Bitcoin remains above $20K and the question is for how long? 

Podcast of the Week: Kevin O'Leary & Ben Samaroo: How To Bring A Billion People Into Crypto (The Wolf of All Streets)

Three big Crypto news stories to watch for:

• Watch for news from Breakpoint
• Crypto Earnings
• U.S. inflation data for October drops on Thursday

Five top things to know in Bitcoin this week:

• FTX worries disrupt weekly close
• CPI and U.S. midterms in focus
• Funding rates run hot
• Miners miss out on difficulty readjustment
• Sentiment gauge hits three-month high

READ

TRENDING

• U.S. Government Seizes $3.4 Billion Worth of Bitcoin from Silk Road Scammer (UToday | TB | Finbold | Decrypt | Cointelegraph | TB | Blockworks | BIC | TDH | CNBC | Coindesk)
• Binance to sell FTX token holdings, Alameda CEO says leaked balance sheet is incomplete (TB | Coindesk | Cointelegraph | BIC | Bitcoinist | EWN | TB | Cointelegraph | Blockworks)
• Solana Token Down Double-Digits as NFT Growth Plummets (Decrypt | NewsBTC | Cointelegraph)

CRYPTO MARKETS

• Crypto no more in top 10 most-cited potential risks: US central bank report (Cointelegraph)
• Here are the three biggest stories in crypto to look out for this coming week (TB)
• Cryptos Crashed After the Last US Midterms – So What Can We Expect from the 2022 Elections? (BIC)

BITCOIN

     Price

• Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week (Cointelegraph | NewsBTC)
• Recent Moving Average Crossover May Signal Higher Bitcoin Prices This Month (Coindesk)
• Bitcoin (Magic Internet Money!) Again Proves Less Volatile Than Stocks (Coindesk)
• Bitcoin bulls in price battle with bears as BTC loses $21,000 support (Finbold)

     Analyst/Strategist/Trader

• Here’s the Most Bullish Signal Now Flashing for Bitcoin and Crypto Markets, According to Analyst Justin Bennett (TDH)
• Is Bitcoin Still Hedge Against Inflation? BTC Markets Correlation (BIC)

     Mining

• Iris Energy receives default notice on $103 million (TB | Cointelegraph | Coindesk)
• $BTC: You Can Now Buy Bitcoin Mining Hardware at American Retail Giant Walmart (Cryptoglobe)
• Why banking uses at least 56 times more energy than Bitcoin (Cointelegraph)
• Bitcoin Miner Hive Blockchain Holds $68M of BTC, Has no Debt Costs on Equipment (Coindesk)

     Acceptance

• One of South Africa’s Largest Supermarket Chains Now Supports Bitcoin Payments (Cryptoglobe)

ETHEREUM

• Vitalik reveals a new phase in the Ethereum roadmap: The Scourge (Cointelegraph | Decrypt)
• Ethereum Open Interest Drops, Will ETH Price Follow? (BIC)
• Macro Guru Raoul Pal Says Ethereum (ETH) Forming Massive and ‘Very Bullish’ Technical Pattern (TDH)

BNB

• $BNB’s Recent 15% Weekly Price Surge Might Be Due For a Correction (EWN)
• BNB Could Jump to $443, Here's What Should Happen First: Analyst (UToday)

USDC

• USDC Issuer Circle Adds Solana Support, But SOL Price Falls 10% (BIC | Coindesk | CryptoPotato)
• Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase (Coindesk)

XRP

• XRP Army Hero John Deaton on Use of XRP Ledger for Micropayments (Cryptoglobe)

CARDANO

• $ADA: How to Make Plutus V2 Smart Contract Transactions With Your Ledger Device (Cryptoglobe)

DOGE

• Twitter Wants You To Pay $8 For Verified Account – Total BS? Is There A DOGE In Plan? (Bitcoinist)
• Dogecoin Trading in Turkey Surpasses Bitcoin and Ethereum Volume in the Past Month (BIC)

CARDANO

• Cardano Faces Its Final Test After Reaching Fundamental Resistance Level (UToday)
• Cardano (ADA) Price Could Confirm Bottom by Reclaiming This Area (BIC)

SOLANA

• Solana’s co-founder addresses the blockchain’s reliability at Breakpoint (Cointelegraph)
• Solana scaling protocol Layer N comes out of stealth mode (TB)
• Co-Founder Of Solana Speaks On Blockchain Outage And Reliability Issues (Bitcoinist)

LEGAL BATTLES

• Ripple: SEC’s Summary Judgment Motion Unlikely To Be Granted, Says Lawyer (Bitcoinist)
• Breaking: Ripple Ally Loses Against SEC (UToday)

ATTACKS/HACKS/SCAMS

• Hacktober Finished With $657 Million Losses From Crypto Exploits (CryptoPotato)
• Deribit Hacker Has Started Moving the Stolen $28M to Tornado Cash (CryptoPotato)

WATCH

LISTEN

• The Industry Coalesces Around Ripple’s Battle Against the SEC (The Breakdown)
• Bitcoin Can’t Lose with Parker Lewis (What Bitcoin Did)
• Read_671 - Greenpeace Attacks Only Galvanize Bitcoiners [Daniel Batten] (Bitcoin Audible)
• eGirl Capital and Larry Cermak on the dynamics shaping the crypto bear market (The Scoop)
• Bitcoin Magazine Pro w/ Dylan Leclair and Greg Foss (Bitcoin Magazine)
• TIP491: Macro and the Energy Market w/ Lyn Alden (Bitcoin Fundamentals)