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Bitcoin climbed back above $83,000 on Tuesday after falling to just under $81,000 at 00:50 UTC, shaking off a selloff in Asian chip stocks and US tech futures.Ether bounced from five-day lows and XRP turned higher after touching three-week lows. Zcash, Solana and several other major tokens followed the same pattern.South Korea’s Kospi plunged more than 6% intraday, falling below 6,000 to its lowest level since late July.The Memory Selloff Has Accelerated SharplySamsung Electronics and SK Hynix each fell roughly 8%, extending their losing streaks to five sessions.That is a marked escalation from Monday, when SK Hynix fell 4.09% alongside SanDisk’s 6.74% and Micron’s 4.31%. The daily move has roughly doubled.The Kospi below 6,000 puts it about 12% under its September 30 close of 6,838.04 — adding to a third quarter that already delivered a 19.3% decline, the index’s steepest since the first quarter of 2020.Investors cited AI-related valuation concerns and rising competition from Chinese memory-chip producers.Chinese Competition Is a Different Argument From ValuationThe two reasons given are not equivalent, and the second is newer.A valuation concern says the price is wrong. A competition concern says the business is changing. The first resolves when the multiple compresses; the second requires market share to be defended.Alibaba announced what it called China’s “most powerful AI chip” on September 22, built to compete with Nvidia. If Chinese memory producers are scaling alongside that, the supply-demand tightness Micron described becomes harder to sustain.Micron guided first quarter revenue to $60–63 billion against $56.77 billion expected on October 1, with CEO Sanjay Mehrotra saying conditions would be “much tighter in fiscal 2027 and 2028 than they were in 2026.” The stock has fallen through that guidance for two weeks.The Decoupling Is the Notable PartBitcoin recovering while the Kospi falls 6% reverses a relationship that held through September.Crypto majors rose with Asian chip stocks on September 22 after Meta’s Muse agent topped the App Store, and the Kospi rose 1.2% alongside crypto on October 1 after Micron’s guidance beat.Tuesday broke that. Hang Seng slipped 0.4% and Nasdaq futures fell 0.6%, extending Monday’s 0.78% decline, while Bitcoin added more than $2,000 off its low.One session is not a trend. Bitcoin’s correlations have been unstable all quarter — its short-window link to the S&P 500 fell to 0.43 from 0.75 in a single session after the Clarity Act vote, and its gold correlation collapsed to 0.28 from 0.69.Oil Is Holding Its GainsWTI traded near $92.67, holding most of Monday’s recovery from below $90. Brent hovered around $106 after a three-day rally.Fresh attacks in Saudi Arabia and continued threats to shipping through the Strait of Hormuz have kept energy uncertainty elevated, with traders weighing supply disruption against expectations of additional Russian diesel exports.The spread between the benchmarks remains the signal. At roughly $13.33, it has barely narrowed from Monday’s $14.60 and sits far above the normal $2 to $4 range — consistent with a seaborne export constraint rather than a global demand story.Higher oil raises inflation risk and strengthens the case for Fed hikes, which is a headwind for crypto.The Dollar Is at a 19-Month HighThe Dollar Index held near 102.50, its highest since April last year.That extends a climb from the 98 and 99 handles in mid-September and 101.81 on October 1. A stronger dollar raises the opportunity cost of holding non-yielding assets and makes dollar-priced assets more expensive for non-dollar buyers.Bitcoin rising against that backdrop is the second decoupling in the session.CPI Thursday Is the CatalystTraders are positioning for Thursday’s US consumer price index report.“With US inflation data approaching, I expect institutional investors to focus on adding protection through derivatives and hedging strategies rather than materially reducing their underlying exposure,” said Paul Howard, senior director at market-making firm Wincent.“This is typically how committed institutional participants manage periods of heightened risk: maintaining their core positions while using derivatives to protect against downside and continuing to treat cryptocurrencies as an asset class capable of generating returns,” Howard added.The print lands into a split between the Fed’s own projections and market pricing. September minutes showed 16 of 18 officials projecting at least one more hike in 2026, while markets price October odds at just 19% after payrolls added only 29,000 against 90,000 expected.A hot CPI narrows that gap. A soft one widens it.

A long-dormant ancient Bitcoin whale has moved its entire holdings of 4,582 BTC after years of inactivity. According to BlockBeats On-chain Detection, the transfer was tracked on October 13, and the whale reportedly woke up before sending out all of its Bitcoin.

JPMorgan Chase reported third-quarter net income of $15.3 billion on Tuesday, up 6% from a year ago, and missed analyst estimates on both revenue and earnings per share. Noninterest expense grew 12% against 8% revenue growth. Shares fell to $321.32 immediately after the release before recovering to $336.07, up 0.53%, by late morning.Costs Outgrew Revenue by Four PointsNoninterest expense rose 12% to $27.3 billion. Net revenue rose 8% to $50.2 billion.That gap is the quarter. When costs grow faster than revenue a bank is running negative operating leverage, and the effect shows up in earnings even when both lines are growing.The revenue mix makes it starker. Net interest income rose 13% to $27.1 billion, but noninterest revenue — fees, trading, advisory — grew only 3% to $23.8 billion. Lending carried the top line while the fee businesses flattened and costs climbed.The Securities-Loss Adjustment Leaves a GapJPMorgan reported earnings of $5.57 per share against consensus of about $5.90, with providers publishing figures between $5.90 and $5.94.The bank disclosed $658 million in net investment securities losses and reported $5.75 per share excluding them. That item is $498 million after tax, or $0.18 per share, which is exactly the distance between the two figures.Adding it back still leaves roughly $0.15 to $0.19 of shortfall. The adjusted number misses as well, which means this was not a quarter undone by a single accounting mark.Equities Trading Carried the Markets DivisionTotal markets revenue rose 15% to $10.3 billion, a figure that averages two very different desks.Equities revenue rose 49% to $5.0 billion. Fixed income revenue fell 4% to $5.4 billion. Investment banking fees rose, with the filing and the slide deck giving figures between $2.96 billion and $3.1 billion.Both markets and investment banking also declined from the second quarter, which was unusually strong across Wall Street. A sequential step down was expected; the composition is the new information.Guidance Moved Up on Both Sides of the LedgerJPMorgan raised full-year net interest income guidance to about $106.2 billion from $105.5 billion. Excluding the markets business, the figure went to roughly $97.2 billion from $96.5 billion.It also raised adjusted full-year expense guidance to about $108.6 billion from $107.5 billion.The expense guide rose by $1.1 billion and the net interest income guide by $700 million. Reading the revenue raise without the cost raise overstates the improvement.A bank lifting its net interest income outlook is signalling that it expects lending margins, and therefore policy rates, to hold up. That is the part of this release with the widest read-through.Dimon’s Warning ListDimon said “large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitical conditions continue to shift under the surface,” while describing the US economy as strong on business investment and consumer spending.“These forces may be manageable, but we remain prepared for a wide range of outcomes,” he said.Credit quality gave no warning of its own. Credit costs fell to $2.7 billion from $3.4 billion a year earlier, comprising $2.2 billion of net charge-offs and a $539 million reserve build. Return on tangible common equity was 20% and the CET1 ratio 13.9%.Why Crypto Desks Watch the Rate SignalBank earnings reach digital asset markets through rate expectations rather than credit.JPMorgan guiding net interest income higher is a statement that it does not expect near-term cuts, and rate expectations have been a primary input for Bitcoin positioning this month. A data point pushing against cuts works against risk assets at the margin.Dimon named two forces that pull opposite ways for scarce assets. Rising rates compress them. Large fiscal deficits have historically supported them. Which dominates is the open question, and this release does not settle it.

Bitcoin trades at $83.6K against an average long-term holder cost basis of $48.6K, leaving that cohort roughly 72% in profit.The last time price traded below that level was January 13, 2023. Its closest approach since came in March 2023.The cost basis peaked at $49.5K on July 30 and has declined 1.7% since.The Cushion Narrowed on Price AloneBetween October 6 and October 13, Bitcoin fell from $85.8K to $83.6K while the cost basis held essentially unchanged at $48.6K.That moved the cushion from roughly 76% to 72% — a narrowing of about four percentage points in a week, caused entirely by price.The distinction matters. A cushion that shrinks because holders are selling at lower prices signals distribution. A cushion that shrinks because the market fell while holders did nothing signals only that the market fell.Last week was the second kind.A 42% Drop Would Reach the Cost LineBitcoin would need to fall from $83.6K to $48.6K before the average long-term holder moved into loss — a decline of roughly 42%.That is what the cushion measures. It does not forecast price; it indicates how far the market could fall before the cohort that historically holds through volatility starts facing average losses.Nearly four years have passed since that last happened.Why a Falling Cost Basis Means Expensive Coins Are LeavingThe gradual decline since early August runs against what should happen mechanically.Long-term holder status is earned when coins sit unmoved for more than 155 days. Coins crossing that line now were bought around mid-May, when Bitcoin traded in the high $70,000s.Adding coins with a cost near $79K to a pool averaging $48.6K should pull the average up.It is falling instead, which means higher-cost coins are leaving the cohort faster than they join — long-term holders who bought at elevated prices are selling.That matches what Adler reported in September, when long-term holdings declined for five consecutive weeks and LTH SOPR showed most of the prior week’s 47,800 BTC was sold at a loss.The Cohort Is Growing While Its Average Cost FallsTwo readings from different sources fit together.Glassnode put long-term holders at 80% of total supply at the start of October, an all-time high, up from 65% a year earlier.The average cost basis has fallen over the same period.Together those describe old, cheap coins staying put while newer, more expensive ones are distributed — a cohort expanding in size while getting cheaper in average cost.The Decline Is Steady but ShallowSince August 1, the weekly change has been negative on 60 of 74 days, or about 81% of the period.The largest weekly decline was 0.34% on August 25. The current reading is −0.06%, near flat.Weekly changes have not fallen below −0.34% since August. That describes gradual distribution rather than a rush for the exit.More negative readings would indicate accelerating selling. A return above zero would indicate the cohort is accumulating again.Context Around the ReadingBitcoin recovered above $83,000 on Tuesday after dipping below $81,000, decoupling from a 6% fall in South Korea’s Kospi.CryptoQuant estimated spot demand shrank by about 170,000 BTC over the 30 days to late September, while US spot ETFs drew $6.34 billion across the third quarter — Bitcoin’s best quarter since the first quarter of 2024 at 42.7%.Wednesday’s US inflation report is the next scheduled catalyst, with economists expecting overall inflation at 3.6% and core at 2.4%.

Solana core developer Anza said the network's new consensus protocol, Alpenglow, is scheduled to go live on Mainnet-beta at around 10:50 PM on October 21. According to Foresight News, the upgrade was developed by Anza over 18 months and will replace TowerBFT, the consensus protocol Solana has used since genesis.
Alpenglow will remove the Proof of History mechanism, reduce transaction finality from several seconds to about 150 milliseconds, and move voting off-chain to free up block space for user transactions. The migration is expected to be completed within one slot.
Anza said Alpenglow has already completed migrations on testnet and devnet, and the protocol was tested in simulations involving 1,500 nodes. The bug bounty for the upgrade has exceeded 25,000 SOL.

French lawmakers advanced a proposal that would require holders to declare self-custody crypto assets worth at least €100,000, prompting criticism over personal security concerns. According to NS3.AI, the measure would also impose fines of up to €10,000 for noncompliance.
The proposal is not law and remains subject to change. The Finance Committee later rejected the budget's entire revenue section by 31 votes to 3, and the full National Assembly will resume debate on Monday using the government's original text, which excludes the crypto amendments. Lawmakers would need to table the amendments again to restore them.

CryptoQuant founder Ki Young Ju joined Binance Square’s Blockchain 100 to argue that a new bull cycle is already running, that Bitcoin whales are accumulating rather than distributing, and that the market has not fully priced it in. He also explained the mechanic behind one of the most common complaints in crypto — billions flowing in while the chart sits still — and set out the test he applies to other analysts, including the one he failed himself last year.Nothing below is investment advice, a point he returned to several times unprompted.The Call: Bear Cycle Over, Early in the BullJu said he has already made the public call. “I recently said that I believe the bear cycle is over and new bull cycle has been started,” he told host Jenny, adding that “it is bull right now” while acknowledging the market is working through a correction.Asked directly whether whales are accumulating or distributing, he chose accumulation without hedging: “I think we’re early in bull market and I’m buying with the intention of holding for at least a year.”His own positioning is spot rather than leveraged. He said he traded futures heavily when he was younger, sometimes putting everything into margin, and has since narrowed to accumulating spot Bitcoin and selling near cycle highs. “Trading is a game of probabilities. The more I think about the odds, the more I come back to a simple approach.”Supply Met Demand, So the Price StalledThe clearest market-mechanics section came from a deliberately simple question: how can billions enter Bitcoin without the price moving?“Because there’s just as much selling on the other side,” Ju said. “Ultimately, it comes down to supply and demand.”He described the period when Bitcoin traded in the low $100,000s as one of enormous demand that was fully absorbed. Long-term holders — what he called OG whales — were selling large volumes into it, which is why record trading volume coincided with a price that would not keep rising. He named the same dynamic as the reason sustained corporate accumulation did not translate into higher prices, and added that hedging by institutional trading desks played a key role.The takeaway is that inflow headlines describe one side of a transaction. Without the matching sell-side figure they say little about direction.Bitcoin and Altcoin Transfers Carry Different MeaningsJu was direct that the frameworks he is known for do not transfer cleanly between assets, and that he now reads them “completely differently.”Bitcoin has no significant DeFi ecosystem, so moving Bitcoin is most likely a trading action. Exceptions exist, such as depositing to an exchange to post collateral for a leveraged position, but he described those as a smaller share than on other chains.Ethereum and altcoins are the opposite case. A transfer there might be staking, posting collateral, or entering a DeFi position, none of which signal an intent to sell. Interpretation has to establish purpose before it can establish anything about supply.He extended the point to tokenized equities, saying BNB Chain has been effective at adopting real-world assets. Because trading tokenized stocks on a decentralized exchange is simply buying and selling, he said the Bitcoin methodology does apply — he has calculated a realized price, the aggregate cost basis of all holders, for tokenized Tesla shares, which gives a read on how much capital has entered through onchain channels.The Manipulation Pattern He Watches ForAsked what onchain data reveals that looks wrong, Ju declined to name any token and described the shape instead.The sequence he flagged begins with an unusually large exchange deposit from a founder, foundation or market maker. Price rises sharply shortly after, daily trading volume reaches hundreds of millions or billions, the entity sells gradually into that strength, and then price stops moving and stays capped.He said the pattern is straightforward to spot once the abnormal deposit is identified, and that he uses AI tools against CryptoQuant’s own metrics to surface the activity.His Three Tests for an Analyst, and the Call He Got WrongJu said the single most important quality in an analyst is the willingness to be wrong in public. He called the end of the bull cycle in 2025, Bitcoin went on to make new highs, and he posted the correction himself.“You can be brilliant at analysis, but if your ego stops you from acknowledging mistakes, you won’t get better,” he said, drawing a line between a wrong interpretation and bad data. “A wrong call doesn’t mean that data is wrong or the data has no value.” He described the episode as gaining views at the expense of reputation, and said he would make another public call regardless.His other two criteria: the ratio of evidence to argument, since a claim without data is “not even prediction, it’s just gambling”; and what he calls a clown score, the balance between posts written for attention and posts that inform. He allowed that influence requires some of both.He was candid about the cost of an audience of roughly half a million. Some followers trade on his posts despite the disclaimers, and he described receiving messages from people who said they had put everything in because they believed him. “That’s where the ethical dilemma comes in.”The Analyst Consensus IndexJu’s current project reads sentiment rather than chains. It aggregates posts from X and Stocktwits, uses a language model to classify each as bullish or bearish, and scores each analyst’s current stance into a single index. He said he is considering adding Binance Square as a source.The filter is the design choice. The index covers only analysts he grades A-tier and S-tier, with the seed list assembled from his own judgment while he works on an algorithm to replace it. He said shifts in that aggregated sentiment have tended to precede price declines.Principles Over PredictionsAsked what he would tell someone who wants to be right more than popular, Ju gave an answer about discipline rather than analysis: decide your principles, then live by them. He said generating principles is easy for anyone intelligent, and that almost nobody follows them consistently. His own method is writing them down, sharing them publicly, and being held to what he said.He cited CZ as his model on this point and recommended the Binance founder’s blog post on principles, pointing to his decision to stop playing poker and to avoid trading while running an exchange as examples of a rule kept rather than stated.His closing question for the Binance Square community went to traders directly: do you calculate the odds of making money before you open a position? “If you don’t, I would suggest stepping back from trading and dollar-cost averaging instead.”

According to the announcement from Binance, the company will discontinue Binance Pool and related services on 2026-11-10 as part of its ongoing review of products and services. The closure covers Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, and other Binance Pool-related features, including Telegram hashrate alerts, email notifications, and mining pool API services. At 2026-11-10 07:00 (UTC), all Binance Pool-related services will be discontinued. Binance Pool will begin disconnecting mining connections, and Binance Mining Pool Stratum URLs and mining endpoints will be disabled. Hashrate submissions and mining shares submitted after that time will no longer be accepted, processed, or credited. Product entry points will be closed, and no new rewards, yield, or service benefits will accrue after the cutoff. Eligible outstanding rewards, balances, refunds, or settlements, where applicable, will be processed after 2026-11-10 07:00 (UTC), subject to applicable product rules, account status, risk controls, compliance checks, and applicable laws. Eligibility will be determined in accordance with the applicable Mining Pool Product Terms.
Users are being asked to take action before the discontinuation time. Binance said users should disconnect from Binance Pool before the cutoff and reconfigure miners to point to a different pool before 2026-11-10 07:00 (UTC) to avoid interruptions. Users with active Pool Savings positions should unsubscribe and/or redeem them before the service ends. Binance also said users should ensure their accounts can receive any eligible remaining rewards, refunds, or settlements, including completing any required identity verification steps where applicable, by 2026-11-10 23:59 (UTC) to help facilitate timely processing. Eligible mining shares submitted before 2026-11-10 07:00 (UTC) will be included in the final reward calculation under applicable Binance Pool rules. On 2026-11-10, all links to Binance Pool on the Binance homepage will be removed. The Binance Pool pages will remain accessible for 14 days, until 2026-11-24 07:00 (UTC), for viewing historical data, account records, and payout status where available, after which they will be permanently inaccessible.

Aptos said the genesis token unlock plan for core contributors and investors ended on October 12. According to Foresight News, the schedule followed the timeline announced at mainnet launch and ran for four years, leaving no remaining genesis tokens for core contributors or investors to unlock.
According to Aptos' tokenomics model, the community and foundation allocation will continue to unlock monthly until the 10th year after mainnet launch.

On October 11, on-chain analyst Murphy said Bitcoin first buyers in this cycle had increased holdings to 4.27 million BTC, returning to mid-August 2023 levels. According to ChainCatcher, new buyers accumulated about 400,000 BTC over the past two months before the rally that began in August, equal to about 2% of total circulating supply and an average monthly increase of about 200,000 BTC.
Murphy compared that with the 340,000 BTC accumulated by new buyers from January to August 2023, a period of about seven months. He said Bitcoin's price is now about 2.6 times higher than in the same period last year, implying that the capital required for this cycle's new buyer accumulation is significantly larger and reflects stronger new demand.
Murphy also said momentum buyers reappeared in September for the first time since January, referring to investors who continue adding to positions above their cost basis. He said their return could help strengthen market confidence and support the uptrend, while such buyers typically do not grow sharply during bear-market rebounds.

According to Jin10, U.S. President Donald Trump said the United States will soon make a decision on Iran, called Iran a failed country, said the Houthis' behavior was very bad, and said he had spoken with the Saudi crown prince and may ask Turkey to participate in action against Yemen's Houthis.

Liquid Capital founder Yi Lihua places Bitcoin’s support at the 400-day moving average around $81,000 and resistance at the 20-day moving average around $84,000.Above that, he identifies $86,500 as strong resistance — the level he describes as the $86,000 pullback point he has watched repeatedly.Bitcoin dipped below $81,000 at 00:50 UTC on Tuesday before recovering above $83,000, placing it between his two levels and closer to resistance.The Support Level Was Tested Hours Before the CallYi says Bitcoin has rebounded quickly every time it has pulled back to the 400-day moving average.Tuesday’s session offers one data point consistent with that. Bitcoin fell to just under $81,000 in early trading, then recovered more than $2,000 within hours, decoupling from a 6% fall in South Korea’s Kospi and weakness in Nasdaq futures.The broader claim is harder to assess. Yi does not state how many times the level has been touched or over what period, and the 400-day moving average is an unusual reference — most technical analysts work from the 200-day, which means his track record cannot be compared against a familiar benchmark.Two Timeframes Doing Different JobsThe two moving averages Yi cites measure different things, which is why they sit $3,000 apart.The 400-day average smooths more than a year of price action and moves slowly. It describes where the long-term trend sits, which is why he treats it as structural support.The 20-day average tracks the past month and moves quickly. It describes recent momentum, which is why a break above it would signal a shift in the near term rather than in the trend.A price between the two is a price inside a correction rather than a reversal — which is how Yi reads the current setup.His $86,500 Level Overlaps With Onchain DataYi’s upper resistance sits inside a zone other methods have flagged independently.Glassnode identified a dense concentration of long-term holder supply between $83,000 and $86,000 — coins bought in that range whose holders can exit at breakeven. Bitcoin was rejected at that zone twice during 2026, and its September 21 breakout attempt failed at $87,300.Two different approaches pointing at the same area is more informative than either alone. Yi’s levels come from price history; Glassnode’s come from the cost basis of coins that have not moved in more than 155 days.Bearish in Outlook, Not ShortYi describes his position as bearish but not shorting, which is worth unpacking because the phrasing sounds contradictory.He expects the current phase to be a pullback — a period of weakness — while maintaining that the longer trend is upward. He says Bitcoin is in a bull market uptrend and is optimistic about what he calls a super bull market next year.The practical consequence is that he will not bet against the price. Shorting a correction within an uptrend means being positioned against the dominant trend, and a sharp rebound from support is exactly the move that damages a short position.“An upward trend is not a straight line, nor is a downward trend,” he said.These are Yi’s own views, not confirmed outcomes, and he provides no timeframe for the super bull market call.Where the Levels Sit Against Recent Price ActionBitcoin closed the third quarter 42.7% higher, its best since the first quarter of 2024, before pulling back through October.LevelYi’s readingRecent relevance$86,500Strong resistanceBelow the $87,300 September 21 high$84,00020-day MA resistanceInside Glassnode’s LTH supply zone$81,000400-day MA supportTested and held TuesdayThe macro backdrop has been working against the upside. The 10-year Treasury yield reached 5.33% and the 30-year 5.71% last week, with the Dollar Index at 102.50, its highest since April last year.Wednesday’s US inflation report is the next scheduled catalyst, with economists expecting overall inflation at 3.6% and core at 2.4%.

According to the announcement from Binance, Binance Futures will update the leverage and margin tiers of several USDⓈ-M Perpetual Contracts on 2026-10-16 06:30 (UTC), with the change expected to be completed within approximately one hour. The update will affect existing positions opened before the adjustment, and users with Futures running grid strategies may see those positions expire because of the revised leverage and margin tiers. The contracts covered by the change include BLURUSDT, VELODROMEUSDT, MOVRUSDT, COOKIEUSDT, CVCUSDT, BICOUSDT, ARKUSDT, RAREUSDT, STXUSDT, JASMYUSDT, WIFUSDT, LSKUSDT, PTBUSDT, and LYNUSDT. The announcement states that the leverage limits and maintenance margin rates will be adjusted across multiple position ranges for each contract, with some pairs seeing lower maximum leverage and revised notional value brackets. For example, BLURUSDT, VELODROMEUSDT, MOVRUSDT, COOKIEUSDT, BICOUSDT, ARKUSDT, RAREUSDT, LSKUSDT, and PTBUSDT will move to new tier structures, while STXUSDT and JASMYUSDT will also shift to updated leverage bands. WIFUSDT and LYNUSDT will likewise receive revised tiers, including changes to the lower-position leverage ranges and maintenance margin requirements.
The announcement also notes that collateral ratio changes will affect the Unified Maintenance Margin Ratio, or uniMMR, and users are advised to monitor uniMMR closely to reduce the risk of liquidation or losses linked to the collateral ratio adjustment. Binance did not provide additional operational details beyond the tier updates and the affected contracts. The notice is presented as a general announcement and states that the products and services mentioned may not be available in every region. The update applies only to the listed USDⓈ-M Perpetual Contracts and is scheduled to take effect at the stated UTC time.

The Financial Stability Board warned that the $300 billion stablecoin market could still face redemption runs even if reserves are fully backed, if those reserves become inaccessible across borders. According to NS3.AI, the market was valued at approximately $300 billion in mid-2026, with 99% of its value pegged to the US dollar.
FSB Chair Andrew Bailey said authorities do not yet have mature arrangements for handling cross-border stablecoin failures. The FSB is seeking stronger monitoring, information sharing and crisis coordination, but it has not set a timetable for common procedures to manage failures across jurisdictions.
G20 finance ministers and central bank governors are due to discuss the findings at the Oct. 15 meeting.

Tom Lee said the sharp decline in South Korea's stock market could spill over into the crypto market. According to NS3.AI, Lee pointed to broker margin liquidations and South Koreans' large holdings of crypto assets as reasons the weakness could spread. He said the market will face pressure in the short term.

Bitcoin bounced from $81,000 to above $83,000 Tuesday while South Korea’s KOSPI plunged 6% below 6,000 and Nasdaq futures fell 0.6% — the clearest decoupling from AI chip stocks since the rally began. 90% of altcoins failed to recover their overnight drop while Bitcoin clawed back the full decline; BTC dominance rebounded to 60.28%. Long-term holders sit 72% above their $48,600 average cost basis with Bitcoin needing to fall 42% before that cohort faces average losses. Tesla’s 8,430 BTC has been untouched since 2022. Wednesday’s CPI (consensus: headline +0.5% MoM, 3.6% YoY; core +0.2% MoM, 2.4% YoY) is the immediate test — hot headline driven by energy, potentially soft core, a split that has defined every inflation read since summer.Bitcoin Reclaims $83,000 as Kospi Crashes 6% and Chip Stocks Fall 8%Bitcoin fell below $81,000 at 00:50 UTC Tuesday before recovering above $83,000, decoupling from Samsung and SK Hynix each falling ~8% (extending a five-session losing streak), KOSPI below 6,000 for the first time since late July, and Nasdaq futures down 0.6%. Investors cited AI valuation concerns and Chinese memory competition — a valuation concern compresses when multiples adjust; a competition concern requires defending market share. Alibaba unveiled China’s “most powerful AI chip” September 22; Micron’s Q1 guidance of $60-63B was delivered October 1 and the stock has fallen through it for two weeks. Bitcoin’s recovery against that backdrop is the second decoupling in two weeks: it gained 1% while semiconductors fell 5.9% on October 6, and now recovers $2,000+ while KOSPI loses 6%. Oil held gains: WTI near $92.67, Brent near $106, the $13+ spread between them far above the normal $2-4 range — consistent with a seaborne export constraint. DXY at 102.50, an 18-month high. CPI Thursday (Wednesday UTC) is the next test.US Inflation Report Arrives Wednesday. Here Is What Economists ExpectSeptember CPI publishes Wednesday October 14 at 8:30am EDT. Consensus: headline +0.5% MoM (vs +0.4% August) and 3.6% YoY (vs 3.4%); core +0.2% MoM (vs +0.3% August) and 2.4% YoY (unchanged). The two numbers are moving in opposite directions: energy (Brent ~$106, Saudi East-West pipeline still shut, Hormuz constrained) drives headline higher while underlying price pressure cools. The 1.2 percentage point expected gap between them is entirely energy. The important context: CPI is not the Fed’s preferred measure. Warsh built his Jackson Hole case on PCE — August core PCE came in at 3% against 3.3% expected. Core CPI at 2.4% sitting below core PCE at 3% would invert their usual relationship (CPI normally runs above PCE on housing weights) — either the forecast is off or the two indices have genuinely diverged. The Fed-market split remains wide: 16 of 18 officials projected at least one more 2026 hike; markets price October at 19%. A core read at or below 2.4% widens that gap; a surprise above it narrows it. Wincent’s Paul Howard expects institutional investors to hedge with derivatives rather than reduce exposure into the print.Tesla Still Holds 8,430 Bitcoin and Has Not Sold Since 2022Tesla’s 8,430 BTC position — worth ~$700M at current prices — has been unchanged for more than four years. The company bought $1.5B in February 2021 (~43,200 BTC at ~$34,700 average), sold roughly three-quarters across two reductions in 2021-2022, and has been inactive since. A circulating $960M valuation implies ~$113,900/BTC — a stale figure from when Bitcoin was near its $126,080 record; the actual current value is ~$700M. Tesla’s remaining position is up ~139% from its cost basis of ~$293M. Critically, Tesla held through the FTX collapse — one of the worst liquidity events in crypto history — without reducing. That makes it a different kind of corporate holder from Strategy (845,050 BTC with a capital structure built around accumulation) or Bitmine (5.93M ETH representing ~4.9% of supply). Tesla bought once, trimmed in the first 15 months, and has sat still — placing it squarely in the long-term holder cohort that now controls 80% of supply.Bitcoin Long-Term Holders Hold a 72% Cushion Above $48,600LTH average cost basis: $48,600 vs Bitcoin’s $83,600 — a 72% cushion, down from 76% a week ago as Bitcoin fell from $85,800 while holders held still. Bitcoin would need to fall 42% from current levels before the average LTH moves into loss territory. The cost basis has been declining since August 1 (negative 60 of 74 days, ~81% of the period) despite the long-term holder cohort growing to an all-time 80% of supply — the two readings fit together: old cheap coins stay put while newer expensive ones are distributed, expanding the cohort in size while pulling its average cost lower. Last week’s selling (47,800 BTC, most at a loss per LTH SOPR) is gradual distribution rather than a rush for the exit — the largest weekly cost basis decline was 0.34% on August 25; current reading is -0.06%, near flat. More negative readings signal acceleration; a return above zero signals accumulation resuming.BTC Dominance Back at 60% as 90% of Altcoins Fail to RecoverBitcoin dominance rebounded to 60.28% — above the 59.2% it started September’s altcoin rotation at and well above the ~57% it reached on September 22 when the altcoin season index held above 60 for five consecutive days. During Tuesday’s overnight drop and recovery: Bitcoin fell 2.71% then rebounded 2.84% (recovering the full decline); the median altcoin recovered only 54% of its drop; 153 of 169 tracked assets (90.5%) remained below pre-drop prices after Bitcoin’s bounce. The math: a 2.84% rebound from a lower base returns Bitcoin to its starting point — altcoins recovering 54% of a steeper decline remain considerably further behind than the number suggests. Dominance shifts because capital rotates or because assets move at different speeds — Tuesday was the second kind. Altcoins carrying higher downside beta (falling further, recovering less) is characteristic of both the later speculative phase of a rotation and any risk-off session — one session doesn’t distinguish between them. The relevant test is cumulative altcoin performance since August’s rotation started versus the last two weeks’ momentum.

Mysten Labs said Sui has completed its first native quantum-resistant Devnet transaction. According to ChainCatcher, the Devnet update added ML-DSA-65 account signatures, allowing accounts to authorize transactions directly with the post-quantum scheme.
Sui also plans to introduce hash-based SLH-DSA-SHA2-128s for high-value vaults in Move smart contracts. The two schemes are based on lattice and hash mathematical problems, and a weakness in one would not affect the other.
Because Sui keys are deterministically derived from a seed, users can migrate to quantum-resistant keys with existing seed phrases. Address aliases already live on the network also allow accounts to update authorization keys without moving assets.
The quantum-resistant account rollout will be optional and incremental, following the launch path used for zkLogin and passkeys. Sui said quantum-resistant vaults are targeted to go live on mainnet this year, native ML-DSA-65 accounts are targeted for testnet by year-end, and native account authentication on mainnet is targeted for Q1 2027, subject to independent audits and testnet feedback.

The US dollar held near an 18-month high on Monday, supported by weakening risk appetite and comments from Cleveland Fed President Beth Hammack backing further rate increases, according to Danske Bank analyst Cillie Bue.Markets await Wednesday’s US inflation data for guidance on the Fed’s path.“The market is currently pricing in only 5 to 6 basis points for an October rate hike, so even if the CPI data confirms that the Fed may only raise rates once per quarter, we do not believe this would deal a significant blow to the dollar,” Bue said.Almost Nothing Is Priced, Which Limits the DownsideThe 5 to 6 basis point figure is the core of the argument, and it needs translating.A standard Fed move is 25 basis points. Markets pricing 5 to 6 basis points means they see roughly a 20% to 24% chance of that move happening — close to the 19% reading from CME FedWatch.That matters for how the dollar responds to Wednesday’s data.If markets had priced a hike as likely, a soft inflation print would force a repricing and the dollar would fall as rate expectations came out. With almost nothing priced, there is little left to remove.The asymmetry runs the other way too. A hot print would have more room to move the dollar higher, because the market would be pricing in something it currently treats as improbable.Hammack Is the Third Fed Voice This Month, and the Hawkish OneHammack backing further increases puts a visible split on public display.New York Fed President John Williams downplayed the urgency of raising rates in late September, cutting October odds from about 71% to 50%. Vice Chair Philip Jefferson said on October 1 that the committee “will need to come to our own judgment, which may take more time,” taking odds to 30%.Hammack argues the other way.That is consistent with the September minutes, which showed 16 of 18 officials projecting at least one more hike in 2026 while markets price October at 19%. The committee’s own projections and the market’s expectations point in opposite directions, and the public commentary now reflects that.The Dollar Has Climbed Three Points in a MonthThe Dollar Index reached 102.50, its highest since April last year.It traded in the 98 and 99 handles through mid-September, crossed 100 around September 11, and sat at 101.81 on October 1.Two things have driven it. Long yields have set multi-decade extremes, with the 10-year at 5.33% and the 30-year at 5.71% last week. And the yen has weakened to around 158.62 despite the Bank of Japan raising its benchmark to a 31-year high, keeping carry trade funding cheap.Weakening risk appetite adds a third leg. South Korea’s Kospi fell more than 6% on Tuesday to below 6,000, with Samsung Electronics and SK Hynix each down roughly 8%.What Wednesday Actually DeliversEconomists expect overall US inflation at 3.6% year over year, up from 3.4%, with core inflation holding at 2.4%.The monthly figures are expected at 0.5% for the overall index and 0.2% for core — the two moving in opposite directions, with energy driving the headline.Bue’s point is that a result confirming a slower hiking pace would not be new information. Markets already assume it.The Fed’s own preferred gauge complicates the read further. Chair Kevin Warsh built his Jackson Hole case around personal consumption expenditures rather than CPI, and August core PCE came in at 3% against 3.3% expected.The Crypto ChannelA stronger dollar raises the opportunity cost of holding assets that pay no yield and makes dollar-priced assets more expensive for buyers outside the dollar bloc.Bitcoin has absorbed that pressure unevenly. It recovered above $83,000 on Tuesday after dipping below $81,000, decoupling from the Kospi selloff and weakness in Nasdaq futures.Gold has fared worse, falling to around $4,175 near a two-month low. It carries roughly twice Bitcoin’s sensitivity to the 10-year Treasury yield, at −0.41 against −0.17.Bitcoin futures open interest sat near 653,000 BTC with funding at 10% earlier this month, leaving leveraged positions exposed to a move in either direction.

On Oct 13, 2026, 00:07 AM(UTC). According to Binance Market Data, BNB has dropped below 730 USDT and is now trading at 729 USDT, with a narrowed 3.37% decrease in 24 hours.

Vitalik Buterin’s Balvi science fund and the Gates Foundation put $20 million into PopVax’s COVID-19 vaccine program, with Balvi’s money traced to Shiba Inu (SHIB) tokens sent to Buterin without his consent. According to BeInCrypto, PopVax dosed its first two volunteers in Melbourne on August 31 and plans to make the vaccine open-source after Phase I ends. SHIB fell 4.33% in 24 hours and 9.64% over seven days, even as the Shiba Inu team said it is showing early breakout signs.

Evernorth Holdings (XRPN), a Ripple-backed company holding about 473 million XRP, closed its Nasdaq debut down 1.05% after briefly surging to $19.38 and then falling to $16.39. According to BeInCrypto, the listing followed a merger with Armada Acquisition Corp. II on October 9, while SEC filings showed 80.3% of redeemable SPAC shares were redeemed before the deal.
Evernorth entered Nasdaq with roughly $648 million of XRP and about $300 million in gross cash proceeds, but the listing does not automatically create fresh XRP buying pressure. XRP fell 3.03% over 24 hours as CEO Asheesh Birla said the company aims to grow XRP per share over time.

Sushi Chief Executive Officer Alex McCurry reposted a tweet saying Blur will deprecate its front end on November 12 and asked whether Sushi should acquire Blur. According to Foresight News, McCurry said he would be glad to communicate with any team member who wants to reach out.

Strive bought 3,311 bitcoin for $280 million over the past week, its largest acquisition since January. According to NS3.AI, a Tuesday 8-K filing with the Securities and Exchange Commission showed the company held 32,773 BTC as of October 9.
The filing said Strive paid about $84,500 per bitcoin, including fees and expenses. CEO Matt Cole previously said the company aims to end 2026 as the world's second-largest public bitcoin holder, but Strive still trails Metaplanet by 11,227 BTC.
Strive also reported that cash and cash equivalents rose to $310.3 million from $284.7 million over the last week, even after the bitcoin purchase.

Samsung Electronics and SK Hynix shares extended their recent selloff Tuesday, with SK Hynix dropping 7.1% and Samsung 5.99% as concerns about Chinese rivals and the stretched AI stock rally intensified, according to Bloomberg. Both stocks are headed for a fifth straight session of losses, dragging Korea's Kospi down as much as 4.8%, while US chipmakers slumped overnight, with fellow memory firm Micron Technology retreating 3.9%. Investors reacted to a report that China's CXMT Corp. has made progress on a new memory architecture that Samsung and SK Hynix are also working on; meanwhile, comments from Broadcom's chief executive about the gambling-like qualities of AI stock investment fueled further worry.
"Uncertainty over whether the upcycle can last into 2028 and beyond appears to be weighing on valuations and share prices" of Korean chipmakers, said Ha SeokKeun, chief investment officer at Eugene Asset Management. This year's big Korean stock rally has sharply pared as its reliance on the two chip giants has come back to bite: record earnings from Samsung last week failed to give the stock a boost as investors worry that growth will slow. The Kospi is now down a third from the record high it reached in June and has fallen below its 200-day moving average, and foreigners have accelerated their exit, selling more than $6 billion worth of Kospi shares on a net basis in October.
"Samsung's strong earnings have been overshadowed by concerns about future competition from CXMT and the sustainability of AI spending," said Jung In Yun, chief executive officer at Fibonacci Asset Management Global. "These concerns may weigh on sentiment, but CXMT still needs to translate technological progress into commercially competitive production at scale."

Polygon announced on October 12 that its Open Money Stack, or OMS, has launched automated stablecoin payment runs. According to ChainCatcher, teams can set recipient ranges, payment budgets, and execution windows in advance, and the product sends payment requests when each cycle begins without requiring a new signature for every transfer.
The preconfigured settings include approved payment actions and recipient ranges, project spending limits, execution windows and expiration times, as well as the ability to disable active rules. Wallets verify recipient ranges, spending limits, and expiration times on-chain, and teams can also close rules early to block the next payment request.
The terms are recorded in the wallet's on-chain Sessions Module and enforced at the contract level. Once approved, the backend cannot expand recipient ranges, raise spending limits, or extend expiration times, and any request that exceeds the agreed terms will be rejected. The process is part of the same system used for deposits, stablecoin balances, and subsequent settlement routing.

Santiment ranked Cap first among crypto projects for recent network growth, with an 800% week-over-week increase. According to NS3.AI, Santiment measures network growth by counting newly created wallets. Grass ranked second with 699% week-over-week network growth, while Starknet placed third with 469%.

South Korea has established procedures allowing courts to seize and sell debtors' cryptocurrency to satisfy civil claims. According to NS3.AI, the Supreme Court promulgated Rule 3280 on Oct. 12, and the regulations take effect on Nov. 1 for exchange-held assets and private wallets.
The rules allow enforcement officers to receive cryptocurrency held directly before debtors receive formal notice of an attachment order. However, enforcement against self-custodied assets may remain difficult when debtors control the private keys. Debtors can appeal decisions authorizing transfers or sales, and those decisions take effect only after becoming final. The new procedures also apply to proceedings already before the courts.

Trezor said it is actively investigating the matter after responding to user concerns on X. According to Odaily, the company said it has not received reports that Trezor devices sold by CryptoBilis were tampered with and that there are no signs Trezor devices have been affected.
As a precaution, Trezor removed CryptoBilis from its dealer list and stopped selling products through the reseller. Trezor also warned users not to force open device casings, saying the Safe 7 has a built-in battery that makes disassembly a safety risk, and advised anyone with concerns to contact official support.

CoinShares said U.S. spot Bitcoin ETFs recorded net outflows of $679 million last week, including $485 million on Wednesday alone, the largest single-day outflow since June. According to Odaily, ETH ETFs posted net outflows of $542 million last week, bringing nearly $700 million in cumulative outflows over nine trading days.
Bitcoin briefly approached $87,000 on October 5 before falling to about $80,300 and later rebounding to around $83,500. CoinShares said Bitcoin's correlation with the Nasdaq has returned to its long-term average of about 40%, while its correlation with inflation-linked bonds has continued to strengthen.
The firm said this week's U.S. CPI data will be an important variable. It added that if core CPI rises 0.3% month over month, market expectations for a Federal Reserve rate hike in October could increase, leaving Bitcoin at risk of retesting $80,000.

A smart money address linked to VVV reduced its holdings again after about two weeks, according to on-chain monitoring. According to BlockBeats On-chain Detection, the address deposited 100,908 VVV into a CEX, a centralized exchange, three hours earlier.
Over the past four months, the address has cumulatively deposited 562,000 VVV at an average price of $21.26. The total value of those deposits was $11.97 million, and the estimated profit on a per-token basis exceeds $9.84 million.

According to Jin10, gold and silver fell on Tuesday, likely dragged down by the sharp drop in the KOSPI, while the Kazakhstan central bank's announcement that it plans to sell gold and buy bonds had little impact on the market.

Solana's proposed replacement for durable nonces would keep cold-key approvals executable even after failed transactions. According to NS3.AI, the Solana Foundation's October plan would shift asset control to program-derived addresses while preserving the original key's authority to approve actions.
Operators would need to migrate assets or permissions and verify that applications work with the new signing path. Durable nonces would remain usable, and the Foundation has not set a removal date or chosen between Anza's Programmatic Signer and Blueshift's Vector.
The migration window is expected to last roughly six months, depending on a replacement being ready, audited, and live on mainnet.

Hedera has launched Agent Accounts, a programmable, non-custodial spending account designed to let AI agents transact autonomously within user-defined rules enforced on-chain. According to ChainCatcher, the feature allows agents to pay APIs, fetch data, settle invoices, and make purchases on behalf of users without private keys leaving the user’s wallet.
The account is funded from a user’s existing Hedera wallet and created separately for each designated agent, rather than handing over full account control. Users connect a wallet through a web app, assign an agent, and set spending limits, including total caps, daily limits, per-transaction limits, and whitelists for merchants and recipients. The rules are written into Hedera smart contracts, not stored on company servers, and cannot be changed by anyone other than the user. Funds remain in the user’s account until a purchase is made, while the agent only submits a spending request to the smart contract for validation and execution. Users can pause or revoke agent spending from the wallet with one click.
The feature is supported by Agentic Payment Services, including an MCP server, REST API, and relayer. Hedera said any agent that can use MCP or REST can connect, and payments can be made with HBAR, USDC, or other Hedera tokens, with x402 compatibility. Each policy, transaction, and agent action is recorded on the Hedera Consensus Service. The rollout plan calls for a limited-partner testnet release in the fourth quarter of 2026, a public testnet in the first quarter of 2027, and a mainnet launch targeted for the second quarter of 2027, subject to security review and legal sign-off.

The RWA Foundation values tokenized real-world assets at about $39 billion as of October 9, up roughly 81% this year. According to NS3.AI, the figures measure comparable distributed asset value and exclude stablecoins.
Stellar accounted for approximately 38% of the increase, while BNB Chain contributed another 24%. Growth in tokenized assets on Stellar does not automatically mean XLM appreciates. Token Terminal said decentralized-exchange trading volume for tokenized assets fell roughly 50% over the past 30 days, and RWA.xyz's dashboard showed BlackRock's BUIDL Institutional Digital Dollar Liquidity Fund had over $600 million in outflows over the same period.

Bank of England Deputy Governor Sarah Breeden said the U.K. is not in a hurry to launch a retail central bank digital currency, known as the digital pound or "Britcoin." According to Odaily, she made the remarks during the International Monetary Fund annual meeting and said any decision on the digital pound project will depend on whether other innovative payment options, including commercial stablecoins and tokenized bank deposits, can deliver the benefits of tokenization.
Breeden also said she wants U.K. businesses to develop successful pound stablecoins, so that U.K. residents and companies do not have to rely only on dollar stablecoins to use innovative payment services.

Data from Coinglass shows that whales on the Hyperliquid platform currently hold $8.35 billion in positions, with $3.892 billion in long positions accounting for 46.61% and $4.458 billion in short positions accounting for 53.39%. According to ChainCatcher, long positions are showing $247 million in profit and loss, while short positions are showing a loss of $218 million.
One whale address, 0x5b5d..60, is currently holding a 5x cross-margin short on ETH at an entry price of $2,322.64. According to ChainCatcher, the position is currently showing an unrealized loss of $15.4991 million.

CFTC analysts flagged unusually well-timed trading before a March 23 Truth Social post in which US President Donald Trump postponed planned U.S. strikes on Iranian energy facilities, according to Bloomberg.
Billions of dollars in contracts changed hands in the 15 minutes before the announcement. Sources said analysts identified traders and referred their findings to the CFTC’s enforcement division, but a senior official intervened and asked them to retract the referral.

Blur said the blur.io frontend will be retired on November 12, 2026. According to NS3.AI, the marketplace protocol will continue operating on-chain, and BLUR will retain control of the protocol's fee switch.
Blur also said its NFT lending protocol, Blend, will stop matching new loans on the same day. Borrowers must repay loans before that date or allow the loans to default. Blur said frontend tools will then help users withdraw assets from Blend.

A wallet linked to TechnoRevenant lost $1.7 million on Papertrade and ended up with 136 million PAPER, making it the platform's second-largest PAPER holder. According to BlockBeats On-chain Detection, the address borrowed 3 million USDC on Hypercore by staking 744,000 HYPE, worth about $61.3 million, before taking the losses on Papertrade.
The trading losses also made the wallet the largest realized perpetual futures loser on the platform. So far, it has earned back 1.051 million USDC through staking rewards, leaving a net loss of about $650,000. Before staking rewards were counted, its average cost was about $0.0125 per PAPER, the highest among the top five holders.