SpaceX Earnings Rise; Bitcoin Holdings Steady
@SpaceX reported $14.6 billion in third-quarter revenue, up 161%, and $1.573 billion in digital assets. Its previously disclosed 18,712 $BTC holdings appear unchanged. #Update #Crypto $BTC
@SpaceX reported $14.6 billion in third-quarter revenue, up 161%, and $1.573 billion in digital assets. Its previously disclosed 18,712 $BTC holdings appear unchanged. #Update #Crypto $BTC
@NIPGroup is acquiring 4.47 EH/s of operational $BTC mining capacity in a share-funded deal valued at up to $27.3 million, raising its installed hashrate to about 13.85 EH/s. #Update #Mining $BTC
A wallet dormant since 2016 sent 500 $BTC worth $41.33 million to @Coinbase on Tuesday; 23 dormant wallets have moved funds this month. #Update #Crypto $BTC (-3) ↘
$BTC briefly hit $83,335 on Oct. 20 after dipping below $81,200; short sellers accounted for $45.7 million of the day’s liquidations. #Update #Crypto $BTC (+2) ↗
The Swiss Financial Market Supervisory Authority approved Switzerland’s first retail fund holding $BTC directly, waiving standard diversification rules but requiring custody safeguards. The issuer and launch date remain undisclosed. #Update #ETF $BTC
$BTC trades near $81,392, with $81,100 support under pressure as U.S. spot bitcoin ETFs record $228 million in weekly outflows. #Update #Crypto $BTC
Tom Lee says some crypto VCs wish they had held $BTC instead of backing startups; he favors major networks over venture bets. #Update #Crypto $BTC
$BTC ETFs drew $526.60M on Monday, led by $665.16M into @BlackRock’s IBIT, more than reversing last week’s $229M outflow. #Breaking #Crypto $BTC (+8) ↗
@JPMorganAM’s new outlook projects a 10% annual return for $BTC, the highest among assets it assessed, but assumes 55% volatility and excludes it from model portfolios. #Update #Crypto $BTC
@BlackRock filed for a $BTC-linked ETF that uses options to cushion losses while capping gains. Its initial loss threshold is not guaranteed for shareholders. #Update #ETF $BTC
@Quantinuum reports 99.9995% accuracy in error-corrected quantum operations, a tenfold improvement. The result advances its fault-tolerant computing plans but does not threaten $BTC security today. #Update #QuantumComputing $BTC
@MtGox’s trustee says a Japanese court extended creditor repayments to October 2027 for the fourth straight year. Most eligible creditors have been paid, but processing problems remain. #Update #Crypto $BTC
$BTC briefly topped $83,000 before slipping below $82,000. Crypto liquidations reached $334 million, while U.S. bitcoin ETFs saw $228.6 million in outflows last week. #Update #Crypto $BTC
@Strive bought 1,223 $BTC for about $100 million, lifting its holdings to 36,818 $BTC. Its $630 million preferred-stock offering is set to settle Oct. 20. #Breaking #Crypto $BTC (+8) ↗