Last week in Bitcoin:
→ Bitcoin fell to roughly $79,978, its weakest level since September 18, as markets de-risked ahe | Hanami
Last week in Bitcoin:
→ Bitcoin fell to roughly $79,978, its weakest level since September 18, as markets de-risked ahead of Wednesday's FOMC decision.
→ US spot Bitcoin ETFs logged roughly $301 million of net inflows for the week then shed about $773 million across October 23 and 24.
→ JPMorgan Asset Management projects a 10% annualized return on Bitcoin over 10 to 15 years, above its 7.5% for US large-caps and 5.5% for gold.
→ Strategy paused Bitcoin buys to repurchase $205 Million of its preferred stock STRC between October 19 and 25.
→ Strive bought 6,182 BTC for about $511 million to reach 43,000 and fourth place among public holders.
→ Metaplanet chose a $122.4 million stock buyback over new BTC and won shareholder approval for its 2,100 BTC Super League takeover.
→ Franklin Templeton's two Bitcoin "DRIP" ETFs (FBEQ and FIBT), which reinvest stock dividends into BTC, cleared a Nasdaq listing registration step.
→ BlackRock filed for a buffered "Managed Protection" Bitcoin ETF (PBIT) that caps upside to limit downside.
→ Arkadiko, a Stacks-based lending protocol, was drained of about $1.09 million in a governance attack that minted 1.5 billion USDA and broke the stablecoin's peg.
→ Bitcoin Core maintainers rewrote the security disclosure policy on October 22, fast-tracking fixes and advisories for "easily discoverable" bugs.