Bitcoin briefly rallied from $108,000 to $113,500 on the 4-hour chart but gave it back with an intraday whipsaw, underscoring fragile liquidity.
Spot ETF demand reappeared with BTC ETFs adding $477 million and ETH ETFs adding $142 million (Oct. 21), yet flows are meeting sustained LTH distribution.
Long-term holder supply has declined by ~28,000 BTC since October 15; 30-day SMA of LTH outflows rose to ~22.5k BTC/day, as continued distribution remains a supply headwind.
Expect range trading with elevated volatility; favor low leverage and staggered entries into support bands.
The industry's biggest lobbying group backs Custodia Bank's petition arguing the Federal Reserve has no discretion to deny master accounts to eligible state-chartered banks — a question Kraken's own path around the same wall already shows has more than one answer
The regulator dismantled Australia's largest cash-to-Bitcoin network using powers it already had; the AML/CTF bill now before Parliament would let it do the same to the whole sector without waiting for a company to fail first.
Jeong Sang-ho gets the same sentence as Do Kwon, but on a fraction of the alleged victim count — after a court threw out evidence tied to the case's largest fraud allegation
The Aug. 19 gathering lands a day before a CFTC advisory panel takes up the same state-versus-federal jurisdiction fight now playing out in courtrooms in at least a dozen states.
