Crypto & forex expert with 7+ years experience, MSc in Info Systems, advisor at Iktifa, and content creator with 350K+ followers in the Arabic-speaking world.
Bitcoin gained around 7% in September, outperforming both traditional assets. Meanwhile, the S&P 500 remained nearly flat, while gold dropped more than 6%, according to Santiment.
🚨 Sovereign Wealth Funds Are Selling Gold to Buy Bitcoin
Bitwise Head of Research Ryan Rasmussen says major institutions are increasingly holding Bitcoin alongside gold as a hedge against currency debasement.
🔹 Bitwise’s first institutional survey found that none of the 15 major institutions interviewed sold their crypto holdings as Bitcoin fell from around $125K to $60K.
🔹 Several institutions actually bought more during the decline.
🔹 One sovereign wealth fund revealed it was funding its crypto allocation by selling foreign exchange and gold reserves.
Bitcoin Sees Its Biggest Binance Outflow Since 2023
Binance recorded its largest single-day net Bitcoin outflow since 2023, with more than 13,800 BTC leaving the exchange, according to CryptoQuant.
🔹 Binance holds around 30% of the Bitcoin on exchanges accessible to investors.
🔹 Its reserves dropped by 20,000 BTC in just four days, from 705,000 to 685,000 BTC.
📌 The withdrawals suggest more investors are moving BTC into self-custody, a trend often associated with long-term holding and potentially lower selling pressure.
👀 Meanwhile, investors who were waiting for lower prices may now be experiencing FOMO, fearing they could miss the next move.
Wallets holding 100–1,000 BTC have added around 113,950 BTC since mid-July, bringing their total holdings to approximately 5.24 million BTC, according to Santiment.
White House crypto adviser Patrick Witt says major banks opposed the bill over concerns that stablecoins could drain their deposits. He also said Trump was willing to place his crypto assets in a blind trust to address ethics concerns.
Starting December 6, U.S. stock markets are set to trade 23 hours a day, 5 days a week, from Sunday evening through Friday evening, with a one-hour daily maintenance break.
Nasdaq and NYSE Arca are preparing for extended trading hours, while the regular 9:30 AM–4:00 PM session remains unchanged.
⚠️ Extended hours could bring thinner liquidity, wider spreads, and higher volatility, with 24/7 trading potentially coming later.
🚨 $778 BILLION flowed into stocks and commodities through crypto exchanges in August alone.
📈 August’s trading volume surpassed the entire first quarter of 2026 and was 33× higher than last November.
⚡ The reason? Some stocks are now more volatile than Bitcoin, pushing traders to use crypto platforms to trade Nvidia, Tesla, gold and oil with leverage — 24/7 and without actually owning the underlying assets.
📊 These contracts now account for nearly 25% of perpetual futures volume on major crypto exchanges, up from just 0.5% nine months ago, according to Bloomberg.