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NewsDesk
The wire: crypto and markets news from other outlets, newest first.
AI summaryStories from the outlets we follow, summarised by AI and linked to the original. A story whose AI summary is not ready is held for an editor; older items may still show the outlet’s own summary, quoted and labelled. Bullish, Bearish and Neutral are an AI reading of a story’s tone, not investment advice.6 publishers845 storiesWhere AI is used
Saylor shares Strategy Bitcoin chart showing 849,327 BTC after sell-off
Michael Saylor posted a chart of Strategy's 849,327 BTC holdings, valued at $64.4bn, days after the company disclosed an 811 BTC purchase and a $208m preferred-stock buyback.
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On the Wire
Stories from our sources, newest first, each credited to the publisher and linked to the original.
Tokenmaxxing guide urges routing AI tasks to cheaper models
Decrypt reports that most AI users default to flagship models costing up to 100 times more per token than small ones, and sets out ways to cut the bill without losing quality.
Arthur Hayes says AI model firms are worthless and a bailout would lift Bitcoin
The BitMEX co-founder told the Convergence podcast that OpenAI, Anthropic and SpaceX lose money behind an implicit US government backstop, and that a bigger AI bailout would push Bitcoin higher.
Circle's Allaire says stablecoin issuer is looking to enter 40 developing markets
Circle's chief executive says the stablecoin issuer wants to enter about 40 developing markets, where demand for dollar-backed tokens is rising, Reuters reported from Bangkok.
Strategy falls 9.6% after MSCI ruling but Bitcoin holdings stay $5bn up
Strategy shares closed at $136.83 on 16 Oct, the first full session after MSCI said asset-holding companies will lose index eligibility, though its 848,250 BTC remain well above cost.
Bitget says some users will lose services in one-off exercise
The exchange says affected customers will be told by email and in-app message about deadlines and withdrawals, and that funds stay safe while the platform keeps running.
North Carolina woman wins $100,000 twice on same scratch-off game
The North Carolina Education Lottery says LuAnn Chico of Lexington won $100,000 on the $20 Ruby Red 7's game in August 2025 and again about a year later, taking home $72,016 after tax.