Datavault AI shares tumble 50% after a Bitcoin withdrawal stalls.
Datavault filed a Form 8‑K on October 26 noting it received $150 million in Bitcoin from Scilex on September 25 2025.
The deal represented about 1,328 BTC, but only 1,309.04 BTC arrived after a 19.39 BTC cash‑advance deduction.
It sent back 491.431 BTC to Scilex in September 2025 and January 2026 for roughly $40.5 million cash, leaving the rest in Biconomy’s off‑chain wallet.
A withdrawal request made in June remained unfulfilled at the time of filing.
Shares fell 49.55% to $0.067 on October 28, low $0.060, market cap about $65 million; after‑hours trading rose to $0.071 and management is reviewing whether the firm can stay in business without the Bitcoin counted as cash.
Can crypto‑treasury firms reliably serve as cash substitutes for listed companies?
BTC holds near a tight range as price hovers around the 20‑SMA.
🔹 Trend Structure: Current price $81276.01 sits just below the 20‑SMA $81288.86 and marginally above the 50‑SMA $81273.1. 🔹 Momentum: RSI (14) is 43.86, indicating neutral / healthy momentum. 🔹 Key Levels: 24‑hour resistance $81446.01 and support $81138.49.
BTC is holding just above key moving averages, eyes on $81327.24 resistance.
🔹 Trend Structure: Current price $81011.68 sits above the 20‑SMA $80881.84 and 50‑SMA $80703.13, confirming bullish alignment. 🔹 Momentum: RSI (14) at 58.26, indicating neutral/healthy momentum. 🔹 Key Levels: Resistance $81327.24, Support $80472.39 for the next 24 hours.
Bitcoin sees its biggest exchange outflow in five weeks ahead of the Fed decision.
Santiment recorded a net outflow of 14,942 BTC from trading platforms, the largest daily outflow in five weeks.
The move precedes the Federal Reserve’s decision on Wednesday and the release of GDP and PCE data on Thursday.
Santiment noted that moving Bitcoin off exchanges could signal less immediate selling pressure, referencing a similar 17,755 BTC outflow on September 22 that preceded a rise above $86,600.
Spot BTC ETFs have posted over $26 million of net outflows this October after previous inflows totalling $6.2 billion in August‑September.
MARA Holdings transferred 1,000 BTC (≈$80.19 million) to BitGo, a transaction flagged by Lookonchain but not confirming a sale.
Do you see these outflows as a bullish signal or a warning of upcoming volatility?
Bitcoin heads for a second October loss as demand weakens.
Bitcoin is down 3.3% as of October 28, trading near $81,350, below September’s close of $83,570.
From 2020 to 2024 the cryptocurrency posted average October gains of about 18%, but October 2025 recorded a 3.8% loss, extending the losing streak.
CryptoQuant’s 30‑day apparent demand metric read –76,000 BTC on October 25 and has stayed negative since October 14, indicating fewer buyers than new supply.
The Coinbase Premium fell to –0.146 on October 24, its lowest since late June, with an October average of –0.093, roughly three times September’s level.
Short‑term traders’ paper profits dropped from roughly 33% in September to 8%.
CryptoQuant’s Bull Score Index slid from 90 in late September to 60 since October 19, though six of ten components remain positive.
Bitcoin now sits near key support: 365‑day moving average $77,585, short‑term cost basis $74,041, and 200‑day average $73,028.
Do you see this as a temporary dip or the start of a broader shift in Bitcoin demand?
BTC/USDT holds steady in a tight range around $81,500.
🔹 Trend Structure: Current Price $81500.01 sits just below the 20‑SMA $81510.52 while remaining above the 50‑SMA $81338.73. 🔹 Momentum: RSI (14) is 54.47, indicating neutral, healthy momentum. 🔹 Key Levels: 24‑hour Resistance at $81606.86 and Support at $81351.05.
XRP eyes $1.34 — can it reclaim the level to reignite the rally?
• On the daily chart XRP is correcting the August rally from $0.99 to the $1.70 high.
• The price sits just below the 0.5 Fibonacci retracement at $1.34, now acting as resistance.
• The key support at $1.26 (0.618 retracement) has held twice, though a reversal is not confirmed.
• A breakout above $1.34 would open the path toward the $1.40 supply zone and eventually the $1.50 overhead barrier.
• Conversely, a decisive daily close below $1.26 could push the pair toward $1.20 (0.702 retracement) and further to $1.14 (0.786 demand block).
• The 4‑hour chart shows a descending channel since the late‑September high near $1.65, with the upper boundary around $1.34 overlapping the daily 0.5 retracement.
• A clear breakout could trigger a relief rally to $1.40; a rejection would likely send price back to test $1.26 and then $1.20.
Do you think the $1.34 barrier will hold or break, and what would that mean for XRP's next move?
South Korea eyes a 2029 start for its crypto tax, delaying implementation again.
A Blue House official confirmed on October 25 that “taxation of virtual assets is being discussed with a view to delaying implementation,” marking a fourth postponement. The most likely new start date is January 2029, when the United States is set to join the OECD’s Crypto‑Asset Reporting Framework (CARF) for data sharing.
The proposed levy is 22 % of gains above 2.5 million won (about $1,886) after acquisition costs are deducted. Lawmakers will amend the Income Tax Act during the tax‑law reform debate beginning in November, with a final decision expected between late November and early December.
A petition to postpone the tax for two years reached 50,000 signatures, warning that most crypto investors are facing heavy losses and that the tax could drive users to offshore platforms. Regulators have recently blocked 27 overseas exchanges, including KuCoin and MEXC.
Will further delays protect investors or weaken future tax compliance?
BTC/USDT holds steady in a tight range as buyers eye the 20‑SMA.
🔹 Trend Structure: Current Price $80905.74 sits just below the 20 SMA $80947.57 and above the 50 SMA $80816.17, indicating consolidation. 🔹 Momentum: RSI (14) 43.96 (Neutral / Healthy). 🔹 Key Levels: 24‑hour Resistance $81300, Support $80652.
Ripple taps the XRP Ledger for instant supplier payments.
On October 27 Ripple and C2FO announced C2FO Instant Pay, using the XRP Ledger and RLUSD to settle business payments in seconds, cutting the days‑long wait of traditional bank transfers.
Suppliers receive funds instantly while invoice terms and due dates remain unchanged; capital providers fund the payments and the XRPL handles settlement.
RLUSD, Ripple’s US‑dollar‑backed stablecoin, now has a market capitalization of more than $2.5 billion with over $1 billion issued on the XRP Ledger, expanding its use into supply‑chain finance.
How will faster, deterministic settlement on the XRP Ledger reshape supplier financing?
BTC eyes a tight range as price hovers near key SMAs.
🔹 Trend Structure: Current $80624.00 sits just below the 20-SMA $80627.69 and above the 50-SMA $80577.97, indicating a flat bias. 🔹 Momentum: RSI (14) at 62.16, suggesting neutral but healthy momentum. 🔹 Key Levels: Resistance $80836.01, Support $80443.85.
What’s your next bias on BTC—still range-bound or gearing up for a breakout?
Arthur Hayes proposes futures contracts for AI compute.
On October 27 he published an essay outlining futures and perpetual swaps tied to Flop Network’s proposed compute market, where AI agents would pay for computing power using FLOP.
The Flop Reference Compute Rate (FRCR) would be calculated hourly using a volume‑weighted FLOP price per GigaFLOP of computing capacity.
Quarterly futures would settle on the last Friday of March, June, September and December, with contracts using US dollars for margin and profits, creating a quanto derivative because the underlying is priced in FLOP.
The perpetual swap would use an eight‑hour time‑weighted average of the difference between its trading price and the FRCR to calculate funding payments, mirroring crypto perpetuals where traders on the expensive side pay those on the cheaper side.
Market makers could recreate futures exposure by buying or supplying Flop Compute Units (FCUs), and suppliers would post FLOP bonds that they could lose if they fail to deliver the promised computing work.
The design relies on Flop Network first establishing a functional spot market; network blocks would record inference tasks, completed work, and fees paid to miners, providing the exchange rate between FLOP and computing capacity.
Do you think a dollar‑denominated compute futures market can attract enough liquidity, or will the need for a reliable spot market be the limiting factor?
Ripple scores final OCC approval for its National Trust Bank
The Office of the Comptroller of the Currency granted final approval, creating a federally supervised platform for Ripple’s RLUSD stablecoin and enterprise digital‑asset custody.
The charter follows conditional OCC approval in December 2025 and mirrors moves by Circle, BitGo, Fidelity and Paxos to shift trust companies to the federal system.
The bank will manage reserves backing RLUSD and act as collateral trustee, bringing federal banking oversight to the infrastructure institutions already use.
Do you think federal charters will become the new standard for stablecoin issuers?
ZEC surged to near $1,700 in September, then shed more than 20% in the last month.
Grayscale’s ZEC ETF recorded $41.09 million of inflows last week, ending three weeks of outflows.
Monday saw $10.45 million exit, Tuesday $1.61 million entered, Wednesday $15.18 million, Thursday $14.23 million, and Friday $20.52 million, putting the fund back in positive territory for the first time in four weeks.
Network Upgrade 7, slated for mainnet activation on November 5 2026, shortens block time from 75 seconds to 25 seconds.
Developers also plan post‑quantum signature opcodes in January 2027 to protect wallets from future quantum attacks.
Analysts cite $834 as critical support; a break could push ZEC toward $480, $300, $200, or $74.
Cameron Winklevoss forecasts potential price above $5,000, calls Zcash an “AI hedge” and a “quantum hedge,” and notes a market value around $25 billion—about 2 % of Bitcoin’s market cap.
Do you think Zcash can rebound, or is a deeper correction inevitable?