BTC reclaimed support at $110,000 and trades near $111,200 after a modest intraday lift; ETH edged toward $4,000.
Spot flows mixed: Bitcoin ETFs recorded a $20.33 million net inflow (BlackRock IBIT led with $108 million). On the other hand, Ethereum ETFs saw another day of outflows worth $128 million.
Long-term holders are still distributing, however, the Dolphin cohort (100–1,000 BTC) now holds ~26% of supply and remains the marginal buyer.
Elevated open interest can amplify volatility with key liquidation clusters sitting above $114,000.
Macro shock: U.S. government shutdown enters day 24; ADP suspended data sharing to the Fed, with policymakers facing an unprecedented information vacuum ahead of the October FOMC.
Bhutan has hired 3iQ to earn yield on part of its Bitcoin and given Gelephu a central bank that can hold crypto, while disclosing less and less about the coins themselves.
A royal decree turns the Gelephu Financial Services Office into the Gelephu Central Bank, with monetary policy, reserve and payments powers and a path to a city currency. The timetable and its relationship with Bhutan's national central bank are unclear
Withdrawals reopened Sunday with a $3.6 billion net outflow and a proof-of-reserves snapshot is out, but Binance has not published its technical post-mortem or said how attackers got in beyond a compromised laptop
The bank says Hong Kong is the first market in its group to get the product for corporate clients, which settles between banks in central bank money around the clock. Blockhead reported a Singapore launch with Ant International in December
