Bitcoin fell to $107,700 (-2.7%) on Tuesday, after failing to hold $110,000, as the total crypto market cap fell to $3.64 trillion.
Spot ETFs continue net redemptions: Ethereum ETFs −$146 million (third day of outflows) and Bitcoin ETFs −$40.47 million (fourth day of outflows).
Long-term holder (LTH) sales remain elevated; DATs and ETFs have absorbed much supply but cannot do so indefinitely with continued LTH distribution capping near-term upside.
Macro: Trump signs critical minerals/rare-earths deal with Australia, a strategic policy tailwind for mining and hardware supply chains, but trade friction with China is still a downside risk.
With Fed officials in blackout until the October 27–28 meeting, Treasury yields, oil and AI earnings will set the direction for a Bitcoin market pinned between $80,000 and $85,000.
The contracts give institutions a regulated hedge on two smaller-cap tokens, and six months of CME trading in UNI would matter for Bitwise's pending spot Uniswap ETF.
Ledger’s supply-chain attack exposes the uncomfortable trade-offs behind hardware wallets: the devices promising security can create new vulnerabilities through complexity, opaque manufacturing and misplaced trust.
The Global Money Platform is the first product to combine Mastercard's payout and card network with BVNK's stablecoin infrastructure since Mastercard acquired the startup in August.
