Bitcoin is holding the $113,000 support band as the market braces for today’s FOMC meeting.
ETF activity remains constructive: Bitcoin ETFs added $202 million on Oct. 28, marking four consecutive days of inflows while Ethereum ETFs added $246 million.
Macro tailwinds (cooling labor signals, US–China potential agreement) support risk assets, but flows are below the intensity of cycle-leading rallies.
Derivatives and cost-basis maps show heavy supply near $117,000, a decisive resistance level while downside support sits at $111,000–$112,000.
Tactical posture: range trade with event risk; err on the side of capital preservation ahead of FOMC.
The Singapore-to-New York transfer settled in minutes rather than the usual two business days, adding a concrete use case to banks' broader push toward always-on tokenized settlement rails.
The federation's peg-out authorization key needed just 11 of 15 signatures to move nearly 4,000 BTC out of the sidechain, exposing a validation bug that Blockstream says had gone unpatched in its Elements codebase for more than two years.
Bitcoin looks calm on the surface, but ETF inflows, thin liquidity, leverage and geopolitical risk are building a market primed for a sharp move in either direction.
The prediction market built its name calling elections. Two days after closing a funding round above a $21 billion valuation, it turned itself into a leveraged trading venue with a real order book.
