Are we really in a bear market for #Bitcoin... or does the global context suggest a different story⁉️
📉Look at this signal from central banks and what it could imply for risk assets like $BTC 👇
🔹+80% OF CENTRAL BANKS ARE IN EXPANSIVE MODE ▪️It is one of the largest RATE CUT cycles in HISTORY. It even surpasses that of 2009 ▪️They are cutting rates or taking more relaxed stances ▪️And it usually anticipates increases in global liquidity
🔸At the same time, global money supply (M2) has already surpassed $125 TRILLION, at historic highs
📍Historically, when liquidity rises, risk assets tend to recover 📍And Bitcoin has shown a high correlation with liquidity with a reaction that typically has a lag of 2 to 4 months
NEW: 📊 According to VanEck, more than 50% of the price movements of #Bitcoin since 2014 are driven by global M2 liquidity cycles, mainly led by the euro area's money supply.
This is what you need to know before going to sleep 😴
1- The president of Kyrgyzstan, Sadyr Japarov, announced that Changpeng Zhao, founder of Binance, proposed the creation of a private digital asset bank.
2- The founder of Binance, CZ, tweeted that he used personal funds to buy ASTER tokens, clarifying that he is not an investor, but a long-term investor.
3- The National Office for Gambling in Romania (ONJN) blacklisted the prediction market platform Polymarket.
4- Sunil, representative of FTX creditors, stated that the actual recovery rate in cryptocurrencies for those creditors ranges between 9% and 46%.
5- Ripio, the Latin American cryptocurrency exchange platform with over 25 million users, has launched wARS, a stablecoin linked to the Argentine peso.
6- According to data from CoinGecko, the total market capitalization of privacy-focused cryptocurrencies has increased by more than 80% in the last seven days. 🌛
▪️A ROTATION of 0.2% of these traditional assets towards BTC is equivalent to $93.800 MILLION ▪️With a conservative liquidity multiplier of 10x to 12x, that could expand the market cap of #Bitcoin by $1 TRILLION ▪️It implies a potential rise of 44%, pushing the price above $160,000
👉This is explained as follows: -The conservative liquidity multiplier of 10x to 12x refers to a factor that amplifies the impact of an incoming capital flow on the price of Bitcoin, due to its lower liquidity compared to traditional markets -That same amount can generate a multiplier effect of 10 to 12 times, expanding its market capitalization by $1T, which would equate to a 44% increase in price
📍If gold added $7T in just 4 weeks… could something SIMILAR happen with $BTC⁉️
YESTERDAY THE FED LOANED URGENTLY $50B TO ONE OR MORE FINANCIAL INSTITUTIONS, POSSIBLY BANKS
🎯Logan from the FED claims that if this continues, QE could come SOONER THAN EXPECTED...
👉THE LIQUIDITY PROBLEMS continue... We haven't seen anything like this since 2020
What is happening⁉️
🔸The demand for overnight repos surged to $50 billion, the highest daily level in nearly five years. 🔸Repos are short-term loans that the FED extends to banks when they need immediate liquidity.
This is what you need to know before going to bed 😴
1- Tether's third quarter certification report for 2025 confirms a cumulative profit of over 10,000 million dollars so far this year.
2- According to Bloomberg, Coinbase is in advanced negotiations to acquire the stablecoin infrastructure startup BVNK.
3- The T3 Financial Crimes Unit (T3 FCU), a collaboration between Tether, TRON, and TRM Labs, has frozen over 300 million dollars in illicit crypto assets worldwide since its launch in 2024.
4- International regulators are reviewing banking regulations on cryptocurrencies, especially stablecoins, which will come into effect next year.
5- Conexus, a Venezuelan payment company managing nearly 40% of the country's electronic transfers, is developing an integration of Bitcoin and stablecoins.
6- SBF: FTX was never insolvent. The 8 billion dollars in customer assets owed when FTX declared bankruptcy never left the platform.
7- Zach Pandl, head of research at Grayscale, predicted that a possible Solana ETF in the U.S. could replicate the success of Bitcoin and Ethereum products.
This is what you need to know before going to sleep 😴
1- According to Axios, Consensys, the parent company of MetaMask, has selected JPMorgan and Goldman Sachs as lead underwriters for its IPO.
2- According to Fortune, Mastercard is in talks to acquire the cryptocurrency infrastructure startup Zerohash for between 1.500 and 2.000 million dollars.
3- The Federal Reserve reduced the upper limit of the federal funds rate to 4.00%, 25 basis points lower than the previous 4.25%, in line with expectations.
4- At Blockchain Life 2025, Pavel Durov announced Cocoon, an open and confidential computing network built on the TON and Telegram ecosystems.
5- Ondo Finance has launched its global platform, Ondo Global Markets, on BNB Chain.
6- Grayscale has announced the launch of the Solana Trust ETF (ticker: GSOL), which offers investors exposure to Solana along with staking rewards.
7- According to researcher ZachXBT, the true co-founder of BlockDAG would be Gurhan Kiziloz, accused of diverting millions of dollars from presale funds through Middle Eastern OTC brokers.
8- Visa's CEO, Ryan McInerney, stated during the fourth quarter earnings presentation that the company plans to add compatibility with four stablecoins.
9- South Korea agrees to pay 350 billion dollars to the United States to reduce tariffs.
10- 300 million dollars have been liquidated from the cryptocurrency market in the last 15 minutes while the Federal Reserve Chairman, Jerome Powell, was giving his speech before the FOMC.
THE PRESS WHEEL TO POWELL LEAVES US WITH A LOT MORE UNCERTAINTY
💥The FED is going to BUY SHORT-TERM BONDS... But it is NOT a QE...
What were the most relevant statements⁉️
🔹He states that a CUT in December is not guaranteed... 🔹As a result, the probabilities of another cut in December FELL from 90% to 66%... 🔹For that reason, the markets, including #Bitcoin, also fell slightly... 🔹He mentions that the DATA missing due to the SHUTDOWN is KEY... If the employment data comes out bad when the shutdown ends, the probabilities of another cut will INCREASE again 🔹In fact, several data points that anticipate the official data indicate that the labor market is weakening... Many LAYOFFS were even announced in recent days 🔹"AI is DIFFERENT from 2001, now there are CORPORATE PROFITS, in 2001 the bubble was obvious"
What is the situation with the PURCHASE of BONDS⁉️
▫️The FED has some private mortgage bonds called MBS ▫️Today the FED mentioned that in addition to ENDING the QT, they will REINVEST the earnings from those mortgage bonds into T-Bills (short-term bonds) ▫️It is not a QE per se, because in a QE the FED issues money to buy bonds... ▫️In any case, these PURCHASES do not increase the size of the FED's balance sheet... ▫️But Powell stated "WE WILL ADD RESERVES AT SOME POINT to the balance"
📍In other words, at some point the QE will resume, which would be VERY positive for the financial markets... The question is, when⁉️
This is what you need to know before going to sleep 😴
1- Trump could announce his nomination for the presidency of the Federal Reserve by the end of the year, before Jerome Powell's term ends in May 2026.
2- According to cryptocurrency reporter Eleanor Terrett, the spot LTC and HBAR ETFs from Canary will start trading on Nasdaq tomorrow.
3- According to Bloomberg, Citigroup has partnered with Coinbase to explore cross-border payments based on stablecoins.
4- On October 27, 2025, NYSE Arca notified the U.S. SEC of its approval for the inclusion and registration of the Bitwise Solana Staking ETF.
5- IBM has announced the launch of its enterprise cryptocurrency services platform, Digital Asset Haven, which will begin operations by the end of 2025.
6- Strategy has acquired 390 BTC for $43.4 million at $111,053 per bitcoin and has achieved a BTC return of 26.0% so far in 2025.
7- The BNB Foundation completed its 33rd quarterly burn of BNB, destroying 1,441,281.413 BNB.
8- According to CoinShares, investment products in digital assets recorded net inflows of $921 million last week.
9- JPYC Inc. announced the official launch of its yen-denominated stablecoin, JPYC.
10- Western Union revealed in its third-quarter earnings report that it will launch a pilot program for stablecoin settlement to reduce dependence on banks. 🌛
This is what you need to know before going to sleep 😴
1- The U.S. president, Trump, has begun his first Asian tour of his second term, with the United States and China reaching a trade agreement prior to the meeting between Trump and Xi.
2- According to Bloomberg, Trump's pardon could pave the way for CZ's return and the integration of Binance US with Binance.
3- Ethereum co-founder Vitalik Buterin warned that the main security property of a blockchain is that not even a 51% attack can validate an invalid block.
4- Kraken reported revenues of $648 million in the third quarter, a year-over-year increase of 114%, marking a historic high. 🌛
This is what you need to know before going to sleep 😴
1- CZ shared details of his visit to Kyrgyzstan, noting that the country will issue a national stablecoin on the BNB Chain and launch a CBDC for government payments.
2- On October 24, Ethereum spot ETFs recorded a total net outflow of $93.6 million.
3- Bitcoin spot ETFs saw a net inflow of $90.6 million.
4- JPMorgan's latest report indicates that Coinbase's potential Base token could reach $34 billion.
5- Rumble has partnered with Tether to launch Bitcoin tips for creators. 🌛
THE PMI DATA HAS BEEN RELEASED AND THERE IS A VERY IMPORTANT RELATIONSHIP WITH #CRYPTOCURRENCIES
What will be the point at which ALTCOINS will start to soar and WHEN will we have this KEY information⁉️
-The manufacturing PMI rose from 52 to 52.2, while it was expected to drop to 51.9 -The services PMI rose from 54.2 to 55.2, while it was expected to drop to 53.5
▪️This means that the U.S. economy remains stronger than the market expected, as both manufacturing and services activity accelerated. ▪️Two POSITIVE data points for the FINANCIAL MARKETS.
👉But there is one KEY data point for ALTCOINS
▫️EVERY TIME the manufacturing PMI measured by ISM (Institute for Supply Management) exceeded 52 points, we had an #ALTCOINSEASON. ▫️Currently, it is at 49.1... Throughout the year it was below 50...
-In the altseason of 2016-2017, when it exceeded 52 points, the market capitalization of ALTCOINS SOARED by 368,000%. -In the altseason of 2020-2021, when it exceeded 52 points, the market capitalization of ALTCOINS SOARED by 1870%.
📍The graph shows the line of 50 points, but it is more accurate to measure it from 52. 📍The next ISM PMI data will be known on November 3. KEY for altcoins to rise. 📍And with the RATE CUTS and the END of QT, it is very likely that this will be the case.