@Sygnum and @Debifi launched MultiSYG, a $BTC-backed loan secured by 3-of-5 multisig wallets, reportedly a first for a regulated bank. Sygnum advertises it, but loans are not yet available. #Update #Lending $BTC
@FidelityDigitalAssets says preferred shares could channel income investors’ capital into $BTC. @Strive closed a $630 million offering that may fund purchases, but no new buys were announced. #Update #Bitcoin $BTC
Chinese prosecutors seek 61,896 $BTC held by British authorities, while a British court says Chinese law governs fraud victims’ ownership claims. No final decision has transferred the assets. #Update #Legal $BTC
U.S. $BTC ETFs drew $528.40 million Wednesday, lifting three-day inflows above $1 billion as eight funds gained capital. $ETH ETFs also returned to net inflows. #Update #Crypto $BTC
@Coinbase and @BitGo report no exposure to PHP flaws; @Binance says it has safeguards in place. @Cloudflare reports millions of exploit attempts. No crypto losses have been reported. #Update #Cybersecurity
@Nexo says $BTC’s recovery faces a test from Federal Reserve rate decisions, inflation data and ETF flows. #Update #Crypto $BTC
@Strategy shares rose over 7% and @Strive gained more than 13% Wednesday as $BTC rebounded near $85,000; both recently disclosed multimillion-dollar bitcoin purchases. #Update #Crypto $BTC (+3) ↗
A Bank for International Settlements paper argues $BTC lacks the credit system and public support needed for everyday payments. @saylor agrees credit matters but favors private products built on $BTC. #Update #Bitcoin $BTC
@Grayscale now accepts direct crypto contributions for shares in 10 investment products, letting eligible investors skip a cash conversion. Minimums start near $80,300; an authorized participant or approved intermediary is required. #Update #ETF
@Tesla and @SpaceX independent directors are exploring a merger, Elon Musk confirmed. Shareholder approval remains a hurdle; the companies already hold 30,221 $BTC worth about $2.54 billion. #Update #Crypto $BTC
$BTC reclaimed $84,000 on Oct. 21 as $188.14 million in crypto shorts were liquidated, including roughly $73.7 million in $BTC shorts. #Update #Crypto $BTC (+5) ↗
$BTC ETFs added $23.16M Tuesday, bringing two-day inflows near $550M, while $ETH ETFs lost $26.13M and $SOL funds extended their outflow streak to 12 sessions. #Update #Crypto $BTC
Three new wallets received 1,090 $BTC worth $90.38M from @Wintermute on Oct. 20–21, according to @lookonchain. The buyer is unknown. #Breaking #Crypto $BTC (+8) ↗
At roughly IDR 18,000 per dollar, 0.7 $BTC is worth about IDR 1.04 billion in Indonesia, making a holder a rupiah billionaire. #Update #Crypto $BTC
