Bitcoin reached a new all-time high of $125,506 before a mild pullback to begin the week at $123,600, confirming the “Uptober” trend with over 10% weekly gains.
BTC supply on exchanges hit a six-year low, underscoring tightening supply amid rising institutional demand.
ETH treasuries now hold 3.9% of supply, overtaking BTC treasuries at 3.5%, while SOL treasuries hold 0.07%.
BNB Chain hit a new all-time high in daily perpetuals volume of $944 million, signaling renewed derivatives appetite.
Morgan Stanley and U.K. regulators are opening new institutional doors for crypto exposure.
For the first time since it began accumulating Bitcoin in 2020, Michael Saylor signalled the company may sell part of its holdings — a shift in the buy-and-hold model that has defined Strategy's identity and underpinned its equity premium.
The exchange's third major headcount reduction in three years tracks closely with the crypto market cycle, even as Armstrong points to AI as a structural reason to operate with fewer people.
The SEC this week delayed the launch of more than two dozen prediction market ETFs, citing concerns about product mechanics and disclosures. A Bloomberg analysis published last week suggests the retail-friendly pitch underpinning these products doesn't quite hold up to scrutiny.
A wave of exchange-traded funds designed to give investors exposure to prediction market outcomes was expected to begin trading as early as Thursday — until U.S. regulators intervened.
