🔥 A roundup of the week’s top financial news from October 12–18 with Trading Insight — the key developments!
1. Bitcoin plunged below $80,000 after failing to break through the support zone around 85.000$ four times in a row.
2. Strive bought an additional 2,822 BTC for approximately $235 million, bringing its total holdings to 35,595 BTC, according to an update on October 14. This follows the previously announced purchase of 3,311 BTC.
3. Ledger tightened its distribution procedures after discovering that genuine devices had been fitted with additional components to steal recovery phrases during setup. The company said its chips, operating system, and servers were not compromised in the incident.
4. MSCI approved a new filter for companies that function as passive investment vehicles, effective after the November 30 market close. Strategy and Metaplanet face the risk of being excluded, but their removal from the index has not yet been finalized.
5. Payward, Kraken’s parent company, announced an agreement to acquire Lithuania’s Saldo Bank to expand its lending and card-issuing operations in Europe. The deal is expected to close in 2027, pending approval.
6. Deutsche Bank is preparing to launch digital asset custody services, initially targeting institutional clients in Germany and supporting assets such as Bitcoin and Ethereum. According to information published on October 16, the service is expected to launch within the next few weeks.
7. The VN-Index closed below 1,700 points on October 15 for the first time since late July. The index fell 6.52 points, or 0.38%, to 1,698.35, with oil and gas stocks facing strong selling pressure.
This is a summary of the main news. The information is for reference only and is not investment guidance or trading advice.
1. Bitcoin plunged below $80,000 after failing to break through the support zone around 85.000$ four times in a row.
2. Strive bought an additional 2,822 BTC for approximately $235 million, bringing its total holdings to 35,595 BTC, according to an update on October 14. This follows the previously announced purchase of 3,311 BTC.
3. Ledger tightened its distribution procedures after discovering that genuine devices had been fitted with additional components to steal recovery phrases during setup. The company said its chips, operating system, and servers were not compromised in the incident.
4. MSCI approved a new filter for companies that function as passive investment vehicles, effective after the November 30 market close. Strategy and Metaplanet face the risk of being excluded, but their removal from the index has not yet been finalized.
5. Payward, Kraken’s parent company, announced an agreement to acquire Lithuania’s Saldo Bank to expand its lending and card-issuing operations in Europe. The deal is expected to close in 2027, pending approval.
6. Deutsche Bank is preparing to launch digital asset custody services, initially targeting institutional clients in Germany and supporting assets such as Bitcoin and Ethereum. According to information published on October 16, the service is expected to launch within the next few weeks.
7. The VN-Index closed below 1,700 points on October 15 for the first time since late July. The index fell 6.52 points, or 0.38%, to 1,698.35, with oil and gas stocks facing strong selling pressure.
This is a summary of the main news. The information is for reference only and is not investment guidance or trading advice.