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Happy Monday Folks! As many of you know two Stablecoins have dominated the top 10 and now the third is rising also: BUSD now in position #7. Fidelity is beefing up it's Crypto unit by another 25% with 100 new hires, looks like they are getting serious about this Crypto stuff. SBF riled the Crypto industry by suggesting ways to confront the legal and hacking woes plaguing the ecosystem; check out today's Podcast to learn more.

Meanwhile, Bitcoin did see a bit of a bump this weekend, but can it keep going? Seems many believe it will be higher in 2023 so hang in there. There seems to be a conflict of thought, what's keeping Bitcoin from tanking? Retail investors. What will make Bitcoin rally? Retail investors. Hmmm

5 Things to know in Bitcoin this week:

• Highest weekly close since early September
• Fed, ECB in focus in run-up to rate hike decision
• “Ripping” hash rate leads to Russia questions
• Supply in loss surges
• Uptober? What Uptober?

Podcast of the Day: The Debate Around SBF’s Regulatory Ideas (The Breakdown)

READ

TRENDING

• Chinese Intelligence Allegedly Tried to Bribe U.S. Official With Bitcoin (Decrypt | TB | Coindesk | Blockworks | Cointelegraph | BM | TDH)
• FTX to give a ‘one-time’ $6M compensation to phishing victims (Cointelegraph | Bitcoinist | Coindesk | Blockworks | Bitcoinist | TDH)
• Binance USD (BUSD) Supply Surges as Stablecoin Wars Heat Up (Cointelegraph | CryptoPotato | BIC | TDH | NewsBTC | ZyCrypto)

     Gaining Traction

• Crypto-Friendly Rishi Sunak to Become UK Prime Minister Following Truss Exit (Coindesk | Blockworks | BIC | Cointelegraph | Cointelegraph)
• Israel's Main Stock Exchange to Launch Cryptocurrency Trading: Details (UToday | TB | Coindesk | Cointelegraph | BIC)

CRYPTO MARKET

• Fidelity to beef up crypto unit by another 25% with 100 new hires (Cointelegraph | BIC | TDH)
• Twitter Developing Its Own Crypto Wallet (UToday | NewsBTC)
• Fireblocks expands digital asset payments engine product after settling $1 billion with Checkout.com (TB | Cointelegraph)
• Four things to watch this week in cryptocurrencies (TB)
• Crypto Investors Optimistic Over Year-End Price Rebounds: Survey (BIC)
• Study: Professional investors keen to invest in crypto despite SEC’s ‘aggression’ (Finbold)
• New York-based forex broker Oanda launches crypto trading services in US (Cointelegraph)
• Crypto Means Absolutely Nothing Without Censorship Resistance (Coindesk)
• TOP 5 Cryptos To Watch This Week – BNB, BTC, ETH, MATIC, APT (NewsBTC)
• Crypto exchange LocalCryptos shuts down operations as bear market prevails (Finbold)
• Women remain bullish on crypto investment despite market lull: Survey (Cointelegraph)
• Fidelity Institutional president sees room for more crypto in consumer portfolios (TB)
• Crypto Is Irrelevant and No Signs of a Bottom yet, Affirms JPMorgan President (BIC)
• Volumes on crypto investment products drop to 2-year low: CoinShares (Cointelegraph)

BITCOIN

• Bitcoin correlation with gold hits 40-day high as battle for safe haven asset intensifies (Finbold | Decrypt | Cointelegraph)
• Interest in Bitcoin and NFTs surges among the super-rich in Hong Kong and Singapore (Finbold | Cointelegraph | Blockworks)
• Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week (Cointelegraph)
• How not to Bitcoin: User pays 1000X fee to send 4 BTC (Cointelegraph)
• Only five countries control 30% of all reachable Bitcoin nodes globally (Finbold | Bitcoinist)
• The Madeira Bitcoin adoption experiment takes flight (Cointelegraph)
• Bitcoin outperforms all major asset classes in Q3 2022 except US Dollar Index (Finbold)
• Cathie Wood says she owns more than $7 million in bitcoin after buying at $250 (TB | Coindesk)
• Tesla’s Bitcoin Bet Goes Terribly Wrong (UToday)
• Global Bitcoin payments market projected to reach $3.7B by 2031: Research (Cointelegraph)
• Altcoin Exchange Dominance Rises To 50%, What Does It Mean For Bitcoin? (NewsBTC)

     Price

• Bitcoin BTC Price Action Turns Green, But Holders Still Likely to Face Pain (BIC)
• Bitcoin price hits $19.5K into weekly close as trader predicts 'green week' (Cointelegraph)
• Bitcoin and Ethereum Indicator Points to Potential Accumulation, According to Crypto Analytics Firm IntoTheBlock (TDH)
• 4 Signs That Point to a Bullish Reversal in Crypto Markets (BIC)
• Bitcoin May Not Have Bottomed Yet if This Goldman Sachs Strategist Is Correct (Cryptoglobe)
• Bitcoin Puell Multiple Continues Uptrend, Here’s What History Says Might Happen Next (Bitcoinist)

     Whales

• Bitcoin Whale Wakes up After a Five-Year Restful Sleep (BIC)
• Small Bitcoin investors stop whales from crashing BTC price below $18K (Cointelegraph)
• Crypto Whales and Key Bitcoin Stakeholders Aggressively Accumulating BTC Around $20,000: Quant Analyst (TDH | Cryptoglobe)
• Data: Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong (NewsBTC)
• $1 Billion Worth Of Bitcoin Leaves Coinbase In A Day As Whales Aggressively Accumulate Bitcoin (ZyCrypto)

     Opinion

• Bitcoin will surge in 2023 — but be careful what you wish for (Cointelegraph)
• Crypto Insider Says Retail Investors Will Increase Investments in Bitcoin and Trigger Price Surge in BTC (Cryptoglobe | TDH)
• Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip (Cointelegraph)
• 'Hyperbitcoinization' Is Coming to an Emerging Market Near You, Paxful's Ray Youssef Says (Coindesk)
• Crypto Is Irrelevant and No Signs of a Bottom yet, Affirms JPMorgan President (BIC)
• Crypto Veteran Arthur Hayes Says Most Will Miss Out on Bitcoin (BTC) Opportunity – Here’s Why (TDH)
• Behnam: 'Just a matter of time' before crypto returns to conditions of spring crash (TB)

     Mining

• Bitcoin mining difficult rises by more than 3% (TB | UToday)
• Block is on a Bitcoin mining and wallet hiring spree (TB)
• Kazakhstan among top 3 Bitcoin mining destinations after US and China (Cointelegraph)
• Core Scientific Again Raises Bitcoin Mining Hosting Rates (Coindesk)
• Bitcoin Hash Price at All-Time Lows Amidst Dismal Miner Profitability (CryptoPotato)
• Canaan launches two new Bitcoin mining machines; Here are the specs (Finbold | TB)

ETHEREUM

• BitMEX Founder Arthur Hayes Reveals Ethereum, Solana and ETH Rival Predictions for Next Crypto Cycle (TDH | Cryptoglobe | EWN)
• Pigeon, Eagle, Phoenix: How Maker Will Use US Treasuries to Buy Ethereum and Boost DAI (Decrypt | Blockworks)
• Ethereum Price Breaks Shackles, Why ETH Could Rally Before Bitcoin (NewsBTC)
• Ethereum Accumulation In Top Gear As Whale Holdings Hit New ATH (Bitcoinist)
• Ethereum Is Not Under Attack: Understanding MEV-boost Relays (Blockworks)
• Ethereum Futures Hint at Bullish Outlook, But Spot ETH Price Still Looks for Respite (BIC)
• CFTC and SEC chairs may disagree over whether ether is a security (TB)

USDC

• MakerDAO Votes to Custody $1.6 Billion in USDC With Coinbase (Decrypt | CryptoPotato | Coindesk | Cointelegraph)

XRP

• XRP Trades In Red During The Market Uncertainty (NewsBTC)
• Ripple’s lead engineer to exit after nearly a decade with the firm (Cointelegraph | Coindesk)
• Ripple Celebrates Its 10th Anniversary (Cryptoglobe)
• David Schwartz Explains Why He's Not Leaving Ripple (UToday)
• Ripple Whales Aren’t Buying: Will XRP Price Drop Lower? (BIC)
• Is XRP Centralized? Ledger Co-Founder Addresses Controversial Comment (UToday)

CARDANO

• Cardano Price Prediction: ADA $0.51 in 2022 and $5.37 in 2030 (BIC)
• Cardano (ADA) Is Extremely Undervalued According to On-chain Data (UToday | TDH)
• Cardano: Community Predicts "Ethereum Moment" Bull Run, Here's How It Might Happen (UToday)
• Cardano Founder Says "Something Special" Is Coming in November (UToday)
• Cardano Creator Charles Hoskinson Says New Crypto Wallet Could Take Ecosystem to 1,000,000,000 Users (TDH)
• Cardano ($ADA) Still #1 Constituent of Grayscale Smart Contract Platform Ex-Ethereum Fund (Cryptoglobe)
• Cardano Price Prediction: FTX CEO Signals Upcoming ADA Listing (BIC | TDH)

SOLANA

• Solana (SOL) Price Prediction: Here’s Why the Bounce Will Be Successful (BIC)
• Solana Aims For Moonshots With Its Groundbreaking Smartphone — Disrupting Google and Apple (ZyCrypto)

DOGE

• Dogecoin Layer 2 Dogechain Up 228% for the Week (Decrypt | NewsBTC | Coindesk)
• Dogecoin Is Still Putting Up A Fight Despite Harsh Crypto Winter (Bitcoinist)

LEGISLATION/REGULATION

• Sam Bankman-Fried Backtracks on Crypto Regulatory Framework (Blockworks | CryptoPotato | Blockworks)
• South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering: Report (Coindesk | Cointelegraph | CryptoPotato)
• Coinbase CEO Brian Armstrong Says Decentralized Finance Should Be Protected From Regulatory Overreach (TDH)
• Ethereum at the center of centralization debate as SEC lays claim (Cointelegraph)
• Hong Kong officials announce Q1 2023 crypto bill to address rapidly expanding market (Finbold)
• Yellen doubles down on call for more crypto enforcement (TB)
• EU financial authorities increase coordination in light of MiCA, says EBA chair (TB)
• Gensler: SEC sees 'centralization' in crypto markets (TB)
• FTX not yet facing enforcement action, says Texas securities regulator (TB)
• Pro-Crypto Political Action Committees Gearing Up To Launch Ad Campaigns for Upcoming Elections: Report (TDH)
• Criminal use of crypto an ‘emerging threat’ — Australian police (Cointelegraph)

LEGAL BATTLES

• Celsius Network defaults on payments to Core Scientific, causing financial unrest (Cointelegraph)
• Ripple Vs. The SEC: Here’s What’s Next In The Lawsuit (Bitcoinist)
• Ripple’s VP of Litigation: The U.S. SEC ‘Is Wrong on Both the Facts and the Law’ (Cryptoglobe)
• Ripple v. SEC: XRP Holders' Support Felt With 3,000 Affidavits Submitted (UToday)
• FTX US Wins Bid to Acquire Bankrupt Lender Voyager’s Assets (TDH | CryptoPotato)
• Vauld seeks another four months of protection against creditors (TB)
• Judge approves Celsius' schedule for a possible sale (TB)
• Ripple vs SEC: Legal Battle Approaches Final Ruling (BIC)

ATTACKS/HACKS/SCAMS

• Mango Market exploiter brags after rug pulling Mango Inu ‘shitcoin’ (Cointelegraph)
• OlympusDAO Hacker Returns $300,000 After Reportedly Being Paid A Bounty (Bitcoinist)
• 18 Months Jail Time for Hacker Who Sold Stolen Ed Sheeran Songs for Bitcoin (CryptoPotato)
• Decentralized exchange QuickSwap exploited for $220K, plans to close lending markets (TB | Decrypt | TDH)
• Binance Reveals Getting Closer to Identify Hacker that Drained $570M (CryptoPotato | TDH)

WATCH

LISTEN

• SLP425 Johns Beharry & Ed - Bolt.fun - Legends of Lightning (Stephan Livera | TFTC)
• Bitcoin, Explained 66: The BTCD Bug That Brought Down LND Nodes (Bitcoin Explained)