📰 Strive CEO Matt Cole put the company’s strategy plainly: consistently short the dollar and go long on Bitcoin. He believes that to outperform BTC, the key is how high the company can push its “amplification ratio.”
🔥 His reasoning is based on data comparing scarce assets with money supply growth. Since 1970, gold has grown at an annualized rate of 9.0%, while M2 grew by 6.7%; since the financial crisis, the figures are 9.5% and 6.3%, respectively; and since the start of COVID, they are 18.3% and 6.5%.
💡 Cole sees BTC as “digital gold” and believes it could surpass gold as the market matures. Strive’s approach is to maintain high liquidity while keeping its amplification ratio as high as possible.
To be honest, the strategy is pretty clear-cut: rather than simply holding BTC, the company wants to use its corporate structure to amplify its bet on BTC. But the higher the amplification ratio, the greater the demands on funding and risk management—you can’t focus solely on the goal of “outperforming.”
🤔 Do you think a company using a high amplification ratio to go long on BTC will have an advantage over simply holding BTC in the long run?
📰 Good morning, October 19. BTC is currently at 82116.00 USDT, up 0.77% over the past 24 hours. The broader market’s gains aren’t particularly dramatic, but smaller coins have already started to diverge noticeably.
🔥 PNT is up 45.23% over the past 24 hours, KDA is up 17.65%, and CLV is up 13.97%. Honestly, gains like these are eye-catching, but the faster a coin climbs, the more carefully you should manage your position if you’re chasing it.
⚠️ On the other side, things are even more brutal: NFP is down 65.85%, and BETA is down 64.00%. Losing more than 60% in a day puts significant pressure on holders. This kind of short-term volatility is more than just a simple pullback.
💡 The clearest takeaway from today’s market is that in the same market, some people are making a killing while others are watching their accounts shrink. Either way, when I see moves of 40 or 50 points, my first instinct is still not to get carried away.
🤔 Would you rather wait for BTC to show direction today, or take a chance on strong performers like PNT and KDA?
📰 Trader Killa has an interesting take: Last week, BTC fell from above $87,000 to the $80,000 range. After rebounding and recovering about half of its losses, it was rejected at weekly resistance this week and ended up back near the previous week’s low.
🔥 Longs are the main group being liquidated right now. Killa thinks shorts could get squeezed next week, too, but the key is whether BTC breaks below this week’s low of $79,800 again. If it sweeps that low once more, he sees it as a level to watch for a potential long entry.
💡 If BTC doesn’t make a new low, the next thing to watch is whether it can reclaim $83,600 convincingly. If it can’t, Killa thinks the market may remain range-bound, with further capitulation selling still possible.
👀 A worse-case scenario would be a return to the $76,000–$78,000 range, though Killa thinks a drop to $74,000 is unlikely. Honestly, the key to this outlook is those two levels—the low and $83,600—not simply assuming there’ll be a short squeeze.
🤔 Do you think BTC will sweep below $79,800 first next week, or head straight for $83,600?
📰 “Bitcoin Jesus” Roger Ver has reached a deferred prosecution agreement with the U.S. Department of Justice. The case has taken a new turn, but this does not mean he has been pardoned by the president.
🔥 Under the agreement, as long as Ver complies with its terms, the indictment against him will be dismissed in a month. The IRS can still seek to collect taxes, civil penalties, and interest from him. That’s no small sum, and the agreement doesn’t mean the matter is unconditionally settled.
👀 The DOJ previously accused Ver of owing at least $48 million in taxes after he renounced his U.S. citizenship and obtained citizenship in Saint Kitts and Nevis in 2014. He was arrested in Spain in April 2024.
🤔 Earlier this year, Ver publicly asked Trump to help end the legal action. In the end, he didn’t get a presidential pardon; instead, the case was handled through an agreement. Honestly, this outcome is a far cry from being “pardoned”: the indictment may be dismissed, but tax collection efforts remain.
💬 Do you think this kind of agreement wraps up the case, or does it ultimately depend on how the tax collection plays out?
📰 Institutions are split on whether Bitcoin can reach $100,000 by year-end. Bitwise’s Ryan Rasmussen believes continued buying by ETFs and companies, concerns about inflation and government debt, and a clearer regulatory environment could all help push Bitcoin above $100,000 by the end of 2026.
🔥 But another camp is less optimistic. LO:TECH’s Adam Morgan McCarthy expects Bitcoin is more likely to trade between $85,000 and $95,000 before year-end; inflationary pressures and Fed policy remain obstacles that are hard to ignore.
💡 Honestly, it’s not just about whether there’s buying pressure—it also depends on how interest-rate expectations change. The article notes that Bitcoin will have a better chance of climbing back above $100,000 if markets scale back expectations of a Fed rate hike in December. Falling oil prices and easing inflation could help.
👀 CoinShares’ James Butterfill also pointed to a somewhat tricky scenario: persistent inflation alongside a weakening labor market. Inflation needs to come down before the Fed has room to address weakness in employment; if inflation heats up again, policy could remain restrictive.
🤔 What do you think is more likely by year-end: a breakout driven by buying pressure, or continued pressure on the market from inflation and Fed policy?
📰 Michael Saylor has posted another update related to the Bitcoin Tracker. Based on the pattern so far, Strategy typically discloses changes to its Bitcoin holdings the day after he posts this kind of update.
🔥 So this time, people are wondering whether another holdings update will be announced next week. But the only thing we can confirm for now is that the Tracker update has appeared again; the post doesn't tell us whether they bought more or not.
Honestly, this kind of regular pattern makes it easy to jump to conclusions, but “might disclose” doesn't mean it has already happened. We’ll have to wait for Strategy to make an announcement themselves—we can’t treat a Tracker post alone as proof of a change in holdings.
🤔 If they do make an announcement next week, do you think Strategy will keep adding to its holdings this time?
📰 Strive CEO Matt Cole posted another chart on X showing the company’s Bitcoin holdings, with a more direct caption: “Now, double the horsepower for stacking sats.”
Taken on its own, the line sounds like a signal. But paired with another holdings chart, it’s natural for the market to wonder: Is Strive preparing to disclose new BTC purchases next week?
🔥 Honestly, posting a chart first and then leaving a hint does feel like a way to build anticipation for upcoming news. But so far, there’s no public information about the amount of any additional purchases, so the hint shouldn’t be treated as confirmation that a buy has already been completed.
💡 This is also seen as a possible imitation of Strategy founder Michael Saylor’s approach: keeping the company’s Bitcoin holdings in the market’s view. For Strive, what really matters is the data it discloses next week—not the slogan itself.
🤔 If Strive really does announce additional BTC holdings next week, do you think it’s a long-term allocation or a move to capitalize on the moment and raise its profile?
🔥 Tonight’s market is split: BTC is currently at 82073.84 USDT, up 0.61% over the past 24 hours—a modest gain, while altcoins are seeing much bigger moves on both sides.
📊 PNT is up 45.23%, AVA is up 25.51%, and KDA is up 17.65%. These coins have surged, but looking at the gainers alone doesn’t mean the whole market is recovering.
⚠️ On the other hand, NFP is down 65.85% and BETA is down 64%. Honestly, when some coins soar and others nearly get cut in half on the same night, make sure you understand what you’re buying before jumping in. Don’t just follow the rankings.
🤔 Tonight, are you more focused on BTC’s modest gain, or on coins like PNT and AVA that suddenly took off?
📰 Trader Killa says he’s still holding a BTC long position and doesn’t plan to close it until the price reaches $126,000.
🔥 His reasoning is pretty counterintuitive: Bitcoin doesn’t necessarily rise because the price action makes sense. Sometimes, it keeps climbing precisely because the market isn’t behaving as expected.
💡 Killa also says that if every market move could be explained rationally, everyone would make money. But that’s clearly not how the BTC market works. Honestly, this is more like a reminder that the market won’t automatically stop just because it looks “irrational.”
🤔 Still, this is only Killa’s personal view and position plan—it doesn’t guarantee that the price target will be reached. Do you think BTC’s unpredictable price action can keep you holding a long position?
📰 Darkfost pointed out an unusual situation: Since late August, the market cap of small- and mid-cap crypto assets has grown more strongly than BTC and large-cap assets.
🔥 Looking at the gap between monthly and yearly averages, the ratio for small- and mid-cap assets has reached 41%, compared with 7% for BTC and just 3.5% for large-cap assets. The contrast is striking—the market’s recent strength didn’t start with BTC.
💡 Usually, BTC leads the way, as it did in the rally after the bear market ended in 2023. This time, the order has been reversed, which is why it’s worth paying closer attention.
🤔 But small- and mid-cap assets are also more sensitive to market changes. A rapid rise doesn’t mean the trend is stable, and a reversal could come just as quickly. Do you think this outperformance can continue?
📰 There’s been a pretty scary claim going around the community lately: if U.S. stocks correct by 20%, BTC will plunge all the way to 10,000 USDT.
Darkfost’s take is that this prediction is too extreme and lacks sufficient historical evidence. From current levels, a drop to 10,000 USDT would mean a drawdown of around 87%; based on historical data, the drawdown would be closer to 92%.
🔥 The only time BTC has ever experienced a drawdown greater than 92% was in 2011. The maximum drawdowns in 2015 and 2019 were 82.5% and 82.6%, respectively; in 2022, it was 74.4%; and the largest drawdown recorded so far in 2026 is 54.2%.
👀 U.S. stocks and BTC are indeed correlated, but they don’t always follow the same script. In 2018, when the S&P 500 corrected by about 19.53%, BTC fell around 80%. But in April 2025, when the S&P 500 also corrected by more than 19%, BTC fell only around 22%.
Honestly, equating “a 20% correction in U.S. stocks” directly with “BTC falling to 10,000 USDT” feels more like forcing the most extreme historical case onto the present. Whether the market will remain under pressure is up for discussion, but the evidence currently doesn’t support a move of that magnitude.
🤔 If U.S. stocks really do correct by 20%, do you think BTC is more likely to repeat 2018 or behave more like it did in April 2025?
📰 Ansem recently pointed out an interesting shift: this altcoin cycle can’t be approached using the same playbook as before. Focusing only on the direction of BTC and ETH could mean missing projects that are truly making independent moves.
🔥 He cited HYPE and ZEC as examples. Even when the broader market was weak, these assets have at times moved differently from BTC and ETH. Honestly, this divergence is already a reminder that major coins may no longer determine how all altcoins perform.
💡 Ansem believes the market is shifting toward placing greater importance on individual projects’ fundamentals, capital inflows, and real-world business performance. In other words, whether a coin continues to attract capital increasingly depends on what the project itself delivers, rather than waiting for BTC to give it a boost.
👀 This actually raises the bar for choosing coins. Identifying which assets are mispriced and which teams are genuinely making progress will matter more than betting on the broader market’s direction. Either way, it may become increasingly difficult to make money by buying based only on a coin’s name and hype.
🤔 If major coins and altcoins continue to diverge, would you prioritize researching assets like HYPE and ZEC that are showing independent strength, or keep focusing only on BTC and ETH?
📰 Analyst Michaël van de Poppe believes BTC’s price range is narrowing, with volatility declining as well. The market is getting increasingly compressed, which could lead to a sharp move.
🔥 But he warns that a major move may not start with an immediate rally. Instead, there could first be a “fake-out,” with BTC revisiting the blue zone on the chart—below $80,000. BTC has already reached that level once, so another retest wouldn’t be surprising.
Honestly, this kind of price action can be unnerving: just when you think the direction is clear, the market sweeps the other way first. In his view, below $80,000 could be an ideal entry zone, but that’s only a chart-based analysis, not a guarantee that things will play out that way.
💡 The key level is resistance at $82,000. If BTC can break through decisively, the move could start to accelerate and push toward $90,000. On the other hand, if it keeps failing to break above that level, the range could continue to tighten.
🤔 If BTC drops below $80,000 before rebounding, would you consider entering, or wait for a break above $82,000?
📰 Bitcoin’s MVRV historical percentile has fallen below 30% again, and currently stands at 25.7%. Analyst Darkfost believes that after a wave of capitulation selling, the market has entered another transitional accumulation phase.
🔥 This isn’t simply looking at “market cap divided by realized cap.” Instead, it compares the current MVRV with its historical distribution. In other words, it’s not asking whether Bitcoin is expensive or cheap, but where its current valuation sits relative to the past.
💡 At 25.7%, Bitcoin is in a range it has occupied for only about 25% of its history. To be honest, this range isn’t common and does show some characteristics of an accumulation zone.
However, it has already moved out of the “extreme undervaluation” zone typically associated with market bottoms, so this can’t be taken as confirmation of a bottom. It may simply mean that the most intense selling has passed, but the market still needs time to absorb the supply—and this transitional phase could be volatile.
🤔 Would you treat MVRV falling to 25.7% as a signal to build a position gradually, or wait for it to re-enter the extreme undervaluation zone before making a move?
📰 MSCI’s new index rules could exclude MSTR. Michael Saylor’s response was direct: it wouldn’t matter much to Strategy because the funds involved are relatively small, but he is very disappointed with MSCI’s current position.
🔥 What he’s really unhappy about is how the rules define “capital.” Oil, natural gas, land, and machinery all count, but Bitcoin doesn’t. In Saylor’s view, this isn’t just an ordinary difference in classification—it’s a value judgment that discriminates against digital assets and could set a bad precedent for the entire industry.
💡 As for whether Strategy has actual operating businesses, he compared it to banks and insurance companies: banks sell credit, insurance companies sell policies, and Strategy uses Bitcoin to back digital credit products. So it should also be treated as an operating company.
Honestly, this controversy is no longer just about whether MSTR can remain in the index; it’s about who gets to define a company that holds a large amount of Bitcoin. Saylor hopes MSCI will reconsider and believes that dropping the proposal to exclude Strategy would be better for the industry.
🤔 If index providers insist on not treating Bitcoin as capital, do you think Strategy should keep pushing to be recognized as a traditional financial company, or accept a separate classification from the market?
📰 The Salvadoran government’s Bitcoin holdings have surpassed 7,800 BTC.
It added 8 BTC over the past 7 days and 31 BTC over the past 30 days, bringing its current holdings to 7,808.37 BTC, worth approximately $638 million. This isn’t a one-off purchase—it’s a steady increase in holdings.
🔥 Honestly, El Salvador’s Bitcoin strategy has become more than just talk. Buying a little each week and continuing to buy each month, gradually building up its holdings—that’s real consistency.
Markets are more likely to be driven by a single large purchase, but this steady buying pattern offers a clearer view of the government’s long-term stance on Bitcoin. It’s surprising to see how much its holdings have grown over the past few years.
🤔 If you were the Salvadoran government, would you keep buying at this pace, or wait for a better time to buy?
📰 Kraken parent company Payward has signed an agreement to acquire Saldo Finance Oy, the Finnish parent company of Lithuania’s Saldo Bank. The price has not been disclosed, and the deal is expected to close in 2027, subject to regulatory approval. 🔥 The bank isn’t particularly large, but its EU banking license is exactly the kind of asset Payward is after. Saldo Bank currently operates in Lithuania, Finland, Sweden, and Germany, and is also qualified to enter the Dutch market.
💡 Once the acquisition is complete, Payward plans to bring bank deposits and loans, payments, credit cards, and digital asset services together in one financial ecosystem. Customers may eventually be able to manage cash, cryptocurrencies, tokenized stocks, and credit products without constantly switching platforms.
To be honest, this is no longer just about expanding exchange operations. Payward has previously acquired a derivatives platform and a payments company, and now it’s moving into banking. Kraken clearly wants to cover a broader range of financial services. 👀 Behind this strategy is co-CEO Arjun Sethi. He went from being a social gaming entrepreneur to a venture capital partner, later joined Kraken’s board, and became co-CEO in October 2024. It’s hard to imagine that someone who once threw away a computer containing bitcoin would eventually become a driving force behind the expansion of crypto finance.
🤔 Do you think Kraken’s move into banking will make it more like a financial infrastructure company, or bring more complex regulatory challenges?
📊 The midday market is showing a sharp contrast. BTC is currently at 81960.01 USDT, up 0.47% over the past 24 hours. Volatility isn’t too dramatic, but some smaller coins are moving to a completely different beat.
🔥 PNT is up 45.23%, AVA is up 42.16%, and EPIC is up 24.42%. Those are all hefty gains, with short-term capital clearly concentrating in just a handful of coins.
⚠️ On the other side, things are even rougher: NFP is down 65.85%, and BETA is down 64.00%. Honestly, losing over 60% in a day makes both chasing the rally and buying the dip a real test of timing. Holding a larger position must feel pretty nerve-racking.
💬 BTC is slightly up, while altcoins are surging and plunging at the same time. In a market this divided, people can have completely different experiences with their portfolios. Did you catch PNT or AVA today, or get caught in NFP or BETA?
📰 Good morning! BTC is currently at 81491.04 USDT, down slightly by 0.15% over the past 24 hours. The broader market hasn’t moved dramatically, but the real eye-catcher is the growing divide between altcoins.
🔥 On the top gainers list, PNT is up 45.23%, AVA is up 28.61%, and GTC is up 21.72%. These names that suddenly surged are today’s strongest performers this morning.
⚠️ The other side looks a little alarming: NFP is down 65.85%, and BETA is down 64.00%. At the same time, some coins are up 40% while others are down 60%—short-term volatility is intense.
To be honest, BTC hasn’t made any major moves yet, but the altcoin market is already showing a clear split. Chasing rallies can get you carried away, and if you’re buying the dip, don’t focus only on how far a coin has fallen—manage your position size first.
🤔 Today, would you look at strong performers like PNT and AVA, or keep waiting for BTC’s direction to become clearer?
📰 In less than half an hour, Claude solved a mystery that had puzzled the cryptography community for nearly 25 years: how the NSA generated the five elliptic-curve seeds it gave NIST in the late 1990s.
🔥 Those numbers had long been suspected of hiding a backdoor. After investigating, Anthropic’s internal research model found that they actually came from the random number generator lrand48 in an old C library, combined with timestamps from 1997 and 1998.
💡 More importantly, the model successfully reproduced the widely used P-256 curve sequence and matched the public seed exactly at the 1,842nd candidate. Based on this, Anthropic believes the likelihood of a hidden backdoor has fallen substantially, and that users of NIST curves don’t need to take any action.
Still, not everything has been explained: why the program skipped some valid candidates back then remains a mystery. Bitcoin uses the simpler secp256k1 curve, which isn’t involved in this discovery, but sufficiently powerful quantum computers remain a separate threat.
🤔 Honestly, it’s pretty wild that AI dug through decades-old cryptographic mysteries in half an hour—things the cryptography community had been investigating for years. Which cryptographic cold case do you think it’ll crack next?