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Cardano unlocks $1.3T Bitcoin liquidity with BitcoinOS bridge integration Cardano taps BitcoinOS to integrate Bitcoin liquidity into its DeFi ecosystem using zero-knowledge cryptography for secure cross-chain functionality. image *Chart depicting Bitcoin’s market capitalization, currently around $1.3 trillion. Source: CoinMarketCap*
Ex-CEO Charged in Australia With Stealing $1.47M From Customer in Failed Bitcoin Deal. Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing $1.47 million intended for bitcoin purchases. image
BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue. Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. image
Tesla reveals it didn’t sell any Bitcoin holdings in Q3 According to Tesla's Q3 financial filings, the company's automotive sales declined slightly since Q2 2024, while leases increased slightly. image *Tesla Q3 2024 balance sheet. Source: Tesla.*
Crypto academics slam controversial ECB paper blasting Bitcoin The rebuttal critiques several arguments made by an ECB paper earlier this month that argued Bitcoin should be regulated or even banned. image *Decline in US dollar purchasing power since 2000. Source: Federal Reserve Bank of St. Louis*
Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin Michael Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, Vitalik Buterin said. image
Peter Todd forced into hiding after HBO doc claims he invented Bitcoin Documentary filmmaker Cullen Hoback stands by his allegation Todd is Satoshi Nakamoto despite his denial. image
BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio. image
BlackRock's IBIT investors throw $329M into ETF as Bitcoin dips 3% BlackRock's Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21. image *Flows for the US spot Bitcoin ETFs on Oct. 21 (Green). Source: Farside Investors*
Ex-CEO of Mine Digital stole $1.5M from Bitcoiner, regulator alleges The transaction happened just two months before the firm went bust in September 2022, the Australian financial regulator said. image
Bitcoiners slam Saylor for throwing weight behind ‘too big to fail’ banks Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse. image
Trump Takes Commanding Lead Over Harris on Prediction Markets After McDonald's Appearance. Former President Donald Trump reached a new high on the predictions market Polymarket on Monday rising to 62.6% while his competitor Vice President Kamala Harris now stands with a 37.5% lead. image
Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings. Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. image
Bitcoin hashrate hits all-time high, boosting network security The increasing Bitcoin hashrate and block reward reduction from the Bitcoin halving may lead to miner consolidation among smaller firms. image *Bitcoin network hashrate, all-time chart. Source: BitInfoCharts*
European investors pour record $105B into US Bitcoin ETFs Despite record European inflows, Bitcoin has been unable to recover above the $70,000 psychological level since July. image *International ETF flows to the US. Source: Eric Balchunas*
Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits. image *The central bank used a lot of complicated math to propose a Bitcoin tax. Source: Minneapolis Fed*
Bitcoin open interest exceeds $40B amid brush near $70K High open interest signals more leverage, which could induce another flush-out if positions are liquidated. image *Exchange BTC Futures Open Interest (USD). Source: Coinglass*
Bitcoin ETFs a Bane for Crypto Startups as VC Deals Drop 20%. Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. image
Bitcoin ETF Holdings Push Steadily Toward the 1 Million BTC Threshold. Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. image
ECB paper claims older Bitcoin holders are exploiting new holders. Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation. image *First page of ECB paper. Source: European Central Bank, SSRN.*