Author: James Wilson

U.S. spot Bitcoin ETFs have recorded $643.2 million in net outflows on Oct. 30, their largest daily withdrawal since June, wiping out four consecutive sessions of inflows and leaving the week in the red. Summary BlackRock’s IBIT led Friday’s withdrawals with $233.7 million, followed by Fidelity and ARK 21Shares. Bitcoin ETFs finished Oct. 26–30 with $202.4 million in net outflows after four positive sessions. Ether funds lost $155.7 million on Friday, bringing their October withdrawals to approximately $1.61 billion. Cumulative net inflows into U.S. Bitcoin ETFs remained above $57 billion despite the latest selling. According to Farside Investors, Fidelity’s FBTC…

Bitcoin has fallen toward $77,000 heading into October’s final session, as a selloff in U.S. technology stocks and gold has deepened losses during a month traders usually associate with gains. Summary Bitcoin is approaching a second consecutive October loss after falling 3.95% in October 2025. The Nasdaq closed Friday down 2.9%, sitting 7.8% below its October 6 record closing high. Gold fell below $3,900 an ounce while Brent crude settled above $117 a barrel. Weak U.S. spot demand has weighed on Bitcoin, although some researchers maintain their bullish views. According to Reuters, Bitcoin touched $77,646 on Oct. 30 after Binance…

Crypto and crypto-linked companies announced at least $1.24 billion across 10 disclosed financings during Oct. 24–30, led by Kalshi’s $1 billion Series G, while Ibis unveiled a separate $250 million institutional lending facility. Summary Ten disclosed financings totaled approximately $1.24 billion, with Ibis announcing separate institutional lending capacity. Kalshi secured $1 billion at a $40 billion valuation from Wellington, Sequoia, and other investors. HIVE’s BUZZ subsidiary arranged approximately $129 million in debt for Canadian AI infrastructure. PhotonPay raised $40 million to expand its stablecoin payments and financial services platform. Smaller rounds backed compliance software, tokenized credit, cross-chain trading and brokerage…

Bitcoin mining pool Ocean has faced a transaction censorship allegation after developer Kruw accused an individual miner of excluding his transaction from block 973,817 and leaving transaction fees 7.68% below an expected template. Summary Kruw accused Ocean miner Powre of excluding his consolidation transaction from Bitcoin block 973,817. A comparison he shared showed transaction fees 7.68% below the expected block template. Coinjoined Chris defended miners’ control over transaction selection through Ocean’s DATUM setup. Kruw argued the pool should reject work that deliberately sacrifices participants’ fee income. Kruw raised the complaint in an Oct. 30 exchange on X, sharing a block…

Tether has reported $1.5 billion in third-quarter net operating profit while rebuilding its excess reserves to nearly $8 billion, almost twice the cushion it held three months earlier. Summary Excess reserves reached $7.95 billion against $183.50 billion in total liabilities at September’s end. Direct and indirect U.S. Treasury bill holdings totaled $132.4 billion, according to Tether. Reserves included $19.08 billion in physical gold and $8.37 billion in Bitcoin. Nine-month operating profit reached $4.5 billion, with Treasury bills and reverse repos providing most income. Tether’s Oct. 30 announcement put total reserve assets at $191.45 billion as of Sep. 30. BDO prepared…

U.S. spot Bitcoin ETFs have attracted $440.8 million over four consecutive trading sessions through Oct. 29, with BlackRock taking most of the inflows before Friday’s sell-off following Binance’s $6.3 billion hack. Summary BlackRock’s IBIT accounted for $410.6 million of the four-session total, leading other U.S. Bitcoin funds. Thursday’s net inflows slowed to $17.2 million as withdrawals from two products offset purchases elsewhere. The four-day intake recovered approximately 57% of the money withdrawn during the previous two losing sessions. The reporting period ended Oct. 29, leaving Friday’s response to the Binance breach outside the total. According to Farside Investors, the funds…

A Bitcoin options trader known as Crash has claimed to have turned $250,000 into roughly $3.4 million this week, sharing an account screenshot alongside a separate claim of a 150x return on a BTC put. Summary Crash described the $250,000-to-$3.4 million result as a weekly gain across his trading. A separate options trade allegedly turned $130 into $25,000 within six hours. The attached screenshot displayed total account assets of $3,387,187.14. His post emphasized closing positions after favorable moves, particularly when trading less liquid contracts. Crash’s post described several trading results during the market decline, including the weekly account growth, a…

Uber has tested a blockchain-based investment with HSBC and Franklin Templeton that earned an extra 1.5 days of yield by keeping corporate cash invested through part of the weekend. Summary Uber bought a tokenized money market fund on Thursday and sold the investment on Sunday. HSBC supplied tokenized bank deposits, while Canton supported liquidity and settlement for the pilot. U.S. corporate customers are among those HSBC plans to bring into the investment service. Fireblocks CEO Michael Shaulov expects hundreds of companies to adopt similar models within 18 months. According to Bloomberg, Uber used HSBC’s tokenized deposits to buy a Franklin…

Cardano founder Charles Hoskinson has warned about “seriously dangerous code” while sharing an analysis that blames Ethereum’s EIP-7702 delegation feature for helping attackers rapidly empty a Binance hot wallet. Summary Hoskinson shared a technical breakdown alleging the sweeper was built specifically for Binance’s wallet infrastructure. CyberSatoshi claimed 50 signed authorizations helped the attacker target the hot wallet’s changing transaction nonce. The analysis acknowledged that private-key control or unrestricted signing access was needed to authorize delegation. Ethereum’s specification warns that delegated code receives unrestricted account access and requires careful security checks. In his X post, Hoskinson wrote, “Careful, there is some…

Polymarket has launched 15-minute gold and silver prediction markets through an expanded Chainlink partnership, taking its short-duration price bets beyond cryptocurrencies. Summary Gold and silver markets are live, with more commodities, equities, and foreign exchange planned. Chainlink reports over $11 billion in combined five- and 15-minute crypto-market trading volume. Market makers can access the same Chainlink Data Streams used to power the markets. Polymarket’s documentation separates Chainlink up/down settlement from its UMA-based prediction-market resolution process. Chainlink announced the expansion in an Oct. 29 release, naming itself Polymarket’s official oracle for high-speed up/down markets. The launch brings precious metals into a…