NewsFeeds: Bitcoin
Bitcoin news as it breaks: BTC price moves, ETF flows, treasury buying and network updates, rewritten by AI in our own words, credited and linked.
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Mon 2 Nov
Axel Adler Jr says Bitcoin fell again in October but market reaction stayed restrained
CryptoQuant analyst Axel Adler Jr says Bitcoin fell 7.2% in October, its second straight losing October, after the theft of about $6.3bn from Binance's hot wallet on 29 Oct. He says Bitcoin is still near its yearly moving average, unlike the 23% weekly drop after FTX's 2022 collapse.
Previous related news
- Elliptic says no evidence North Korean hackers used AI in Binance theft
- Elliptic says about $3.24bn of stolen Binance assets remains in linked addresses
- Elliptic says Binance hacker laundered first funds, $2.2m in BTC, via CoinJoin
Metaplanet repays ¥8bn bonds early and shifts proceeds to Bitcoin purchases
Metaplanet said it fully repaid its 20th series of ordinary bonds to EVO FUND ahead of schedule; the ¥8bn principal was due in April 2027. It is reallocating ¥8bn from its 27th stock acquisition rights, originally for bond repayment, to Bitcoin purchases, raising that planned amount to ¥33.4bn from ¥25.4bn.
Previous related news
- Metaplanet buys back $37.8m in shares to lift Bitcoin per share
- Metaplanet issues ¥52bn zero-coupon convertible bonds to repay debt and buy back shares
- Metaplanet ends $481m share buyback facility without repurchasing any stock
Ohio teachers pension holds $16.8m in Strategy shares, Bitcoin historian says
The Ohio State Teachers Retirement System held $16.8m of Strategy (MSTR) stock at the end of the third quarter, a Bitcoin historian said, citing a 13F filing with the US SEC. The position rose about 83% from the previous quarter.
Coinbase treasury holdings reach 18,000 Bitcoin, Armstrong says
Brian Armstrong marked Bitcoin's 18th birthday on X and said Coinbase has recently added its 18,000th Bitcoin to its treasury investment holdings.
Dormant address moves 999.953 Bitcoin worth $78.1m after six years
An address that had been inactive for more than six years moved all 999.953 Bitcoin it holds, worth $78.1m, according to Lookonchain. The coins were received over six years ago, when Bitcoin traded at $10,727.
DefiLlama data shows Binance net outflows of $4.91bn in 24 hours
DefiLlama data shows Binance saw about $4.91bn in net outflows over 24 hours and $13.7bn over seven days, with assets near $128bn. Its BTC wallet fell by about 20,300 coins in a day to about 647,800 coins.
Axel Adler Jr. says Bitcoin active addresses fall 43% from peak as transfer volume slips 5.4%
Axel Adler Jr. says Bitcoin's 30-day average active addresses were about 629,000 on 1 November, down 43% from a local peak of about 1.1m in December 2024. The 30-day average daily transfer volume fell about 5.4% to about 819,000 BTC since 10 December 2024.
Previous related news
- Axel Adler Jr. says Bitcoin long-term holders' 30-day distribution fell 22%
- Axel Adler Jr. says Bitcoin's 30-day range has narrowed to 6% as it holds $80,000-$86,000
- Axel Adler Jr. says Bitcoin risks deeper decline if $80,400 fails
Binance Bitcoin wallet balance falls for fourth day, down over 23,000 BTC since hack
CoinGlass data shows Binance's Bitcoin wallet balance at about 652,300 BTC, down roughly 23,200 BTC from about 675,500 BTC on 30 October, when the exchange was hacked. The balance fell about 15,894 BTC in the past 24 hours, possibly as withdrawals opened.
Previous related news
- China's Mao Ning says she has no information on Binance attack or Trump's North Korea remarks
- RUNE falls 20% as hackers are said to have routed Binance hack funds through Thorchain
- Address linked to Binance attacker moves 40m XRP
10x Research's Markus Thielen says Bitcoin may rebound to $90,000 by year-end
Markus Thielen, founder of 10x Research, said Bitcoin could slip into the mid-$70,000s before recovering to $90,000 by year-end. He expects the Federal Reserve to sound cautious in early December and sees Bitcoin outpacing ether.
Murphy says Bitcoin seller exhaustion metric hits second-lowest reading of cycle
Crypto analyst Murphy said Bitcoin's Seller Exhaustion Constant has fallen to its second-lowest reading of this cycle, after a low in August when BTC dropped to $77,000. Murphy said such extremes have previously appeared only near cycle bottoms, and a buy signal at a second low is usually more reliable.
Bitcoin Core 32.1 ships with privacy fixes and relay changes
Bitcoin Core 32.1 has been released, fixing a possible IP address exposure issue in some conditions and changing transaction relay behaviour and interface compatibility. The update does not alter Bitcoin's supply or transaction types, and holders who do not run nodes need not move their coins.
Coin Bureau says past Bitcoin cycle bottoms came soon after US midterms
Coin Bureau analysis says Bitcoin's last three cycle bottoms came 71, 39 and 13 days after the 2014, 2018 and 2022 US midterm elections. With the next midterms on 3 November, it flags late 2026 to early 2027 as a possible bottom window if the pattern repeats.
Bitcoin and ether post their steepest October declines in years
Bitcoin fell 7.32% in October, its biggest October drop since 2014, while ether fell 16.06%, its steepest October decline since 2016, according to CoinGlass. Bitcoin declined for a second straight October and ether for a third.
Galaxy research head says Bitcoin holds technical structure with seventh weekly close above 50-week…
Galaxy's head of research says Bitcoin closed above its 50-week moving average for a seventh straight week despite a hack of more than $6bn at the largest crypto exchange, showing resilience and keeping its technical market structure intact.
Sun 1 Nov
BTCPay Server urges operators to shut down instances after hot wallet attack
BTCPay Server said it has received reports of an attacker moving funds from a hot wallet and is investigating the security incident. It urged operators running instances to shut them down immediately using ./btcpay-down.sh; the cause and scope are unclear.
Darkfost rejects Zeberg's call for Bitcoin to fall below $16,000
On-chain analyst Darkfost disputed macroeconomics expert Henrik Zeberg's bearish Bitcoin outlook, which projected a rebound to $115,000 as a temporary "Fool's Rally" before a severe crash. Darkfost said the view implies Bitcoin falling below $16,000 and criticised the Elliott Wave analysis behind it.
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