by Michael
Key TakeawaysBitcoin briefly surged to $83,250 on Oct. 20 after recovering from volatile swings below $81,200.Data shows short sellers bore about 60% ($45.7 million) of total single-day bitcoin liquidations.Analysts warn a drop below $79,821 could push bitcoin to... 
by Michael
Key TakeawaysThe proposed purchase targets GMO-Z.com Cryptonomics in Bangkok.Thai regulators must approve the transaction’s change of control.Bitget intends to introduce its trading platform after completion. Planned Acquisition Targets Licensed Thai Operations Thai... 
by Michael
Key TakeawaysStrive raised $630 million through its SATS preferred stock offering, priced at $90 per share.SATS carries a 15% annual dividend rate, with Strive planning daily business-day cash payments.Strive holds 36,818 BTC, while its SATA preferred stock ranks... 
by Michael
Key TakeawaysCircle made $1.4B in H1 2026 but kept just 7% as profit after distribution and infrastructure costs.USDC processed $36T+ onchain as Circle expanded free, near-real-time redemptions 24/7/365.Stablecoin competition is shifting toward who can scale... 
by Michael
Key TakeawaysFINMA approved Switzerland’s first retail spot bitcoin ETF on Oct. 20, 2026.FINMA exempted the bitcoin fund from standard diversification rules while requiring custody safeguards.Switzerland’s new ETF offers regulated bitcoin exposure, but its issuer and... 
by Michael
Key TakeawaysTom Lee says some VCs regret not holding bitcoin, which rose about 80x from below $1,000.He favors maximum exposure to bitcoin, ethereum, and solana as Layer 1s capture more value.The debate now shifts from chasing startups to whether major networks can... 
by Michael
Key TakeawaysArrington XRP Capital Fund reported 4.7 million Evernorth Class A shares in an Oct. 19 SEC Form 3.Rippleworks can steer votes on 30.2 million of the fund’s Evernorth shares under an Oct. 2025 letter deal.Evernorth stock closed at $15.23 on Oct. 19, down... 
by Michael
Key takeaways NEAR fell 7% on Tuesday to around $4.70, extending Monday’s decline. Bitwise’s NEAR ETF attracted $5.42 million on Monday after three consecutive weeks of inflows. Resistance near $5.02 must be reclaimed to strengthen the recovery outlook. NEAR retreats... 
by Michael
Key TakeawaysRipple and the XRPL Foundation’s @XRP account topped 111,000 followers on Oct. 20, a day after its debut.The account’s first post drew 3.2 million views as XRP held near $1.30 and an $82 billion market cap.Ripple’s Swell 2026 runs Oct. 27-29 in New York,... 
by Michael
Key TakeawaysJ.P. Morgan’s 2027 LTCMA, released Oct. 19, projects a 10% compound annual return for bitcoin.The bank pegs bitcoin’s volatility at 55% versus 17.2% for gold, which it expects to return 5.5%.Bitwise CIO Matt Hougan says the forecast likely overstates... 
by Michael
Key TakeawaysJensen Huang says Gen Alpha skipping multiplication tables isn’t a crisis.He argues AI frees kids for systems thinking and creativity.Educators warn weak fundamentals could make AI errors harder to spot. When Jensen Huang sat down with New York Times... 
by Michael
Key TakeawaysElectric motors consumed 13,462 TWh in 2023, or 53% of global electricity, according to the IEA. Motor-driven demand grew 26% between 2015 and 2023, outpacing total electricity growth of 24%.Motors account for 72% of industrial power use, 87% in... Translate »
