Author: NBTC

The firm’s discretionary USD Cash holdings declined about 72% to $447.3 million as of Oct. 18, down from $1.61 billion on Aug. 30. The latest weekly decline of $193.2 million comprised $193.1 million in STRC repurchases and $100,000 in Bitcoin purchases. Chart Showing How Strategy’s Flexible USD Cash Shrank in the Past Weeks Strategy financed $22 million of its latest Bitcoin acquisitions through the sale of 140,872 common shares, using just $100,000 of USD Cash for the remainder. Meanwhile, its separate USD Reserve, designated primarily for dividend and debt-interest payments, stood at $4.83 billion after the company withdrew $45.5 million…

However, it was stated that these transactions were transfers for safekeeping purposes and there was no confirmation that direct sales had taken place. In another notable transaction, an anonymous major investor withdrew 774.77 $BTC worth $63.36 million from the Robinhood platform. The Bitcoins were sent to a wallet that had previously received two small test transfers. While the large-scale transfer of assets outside of an exchange is noteworthy, there is no information yet regarding the investor’s next move. Significant whale activity was also recorded on Hyperliquid’s native token, $HYPE. An investor staked 139,050 $HYPE tokens, worth $10.95 million, by delegating…

Tether’s CEO also spoke remotely at a Washington event, DC Fintech Week, and addressed the senator’s report there, as well, last Tuesday. He criticized how it was released to the media before his company could review it. “I believe it’s important for the public also to hear our side of the story,” he said. “Our aim is to push out the bad actors from $USDT,” Ardoino said. “Those bad actors are moving to other means that are outside of the control of the United States, and now outside of our control.” He added that the work “is not finished,” but…

A $175,000 transfer to a Step account, demonstrated by MrBeast. Source: Screenshot via YouTube/MrBeast However, the video’s description says that “Step is not a bank,” and that banking services are provided by Evolve Bank & Trust. Step’s Apple App Store and Google Play Store listings also state that “Step is a financial technology company, not a bank.” At the time of writing, the video had more than 93 million views. Legal Crypto Tweaks Step’s app store listings mention no crypto features. Instead, Step advertises features like credit building, at least 1% cashback, 3% on savings, FDIC insurance up to $1…

Starknet’s recent tweet has generated excitement as it hints at a significant announcement involving Bramble Finance scheduled for tomorrow. This potential collaboration could enhance community engagement within the Starknet ecosystem, suggesting a strategic move towards innovation and growth. For more details, refer to Starknet’s tweet here. The Key Development While most altcoins traded sideways today, Starknet’s announcement regarding Bramble Finance stands out. The expectation of a forthcoming event has stirred interest among community members, potentially impacting the broader ecosystem’s dynamics. This move aligns with Starknet’s ongoing efforts to emphasize productivity and privacy in the crypto space, aiming to attract institutional…

U.S. investors last week cashed out of exchange-traded funds, with speculators redeeming $228.4 million in shares from the investment vehicles managed by BlackRock, Fidelity, and Grayscale, according to data from Farside Investors. Bitcoin is often moved by investors buying shares of the U.S. ETFs. The funds give investors easy exposure to the asset via shares they can buy on their brokerage accounts. Despite the slow October so far, analysts have said that bitcoin is now in a bull market after spending most of 2026 trading under $70,000 — well below its all-time high of $126,080. Bitcoin’s price started rallying in…

Source: TradingView Sellers had more conviction than buyers in the form of higher volume throughout the entire sell-off process. Also, the current consolidation does not indicate an abundance of buying power either. A 4-hour closing below $2404 would most likely trigger additional stop-loss orders and create an opening for a breakdown to $2350, then potentially to $2320. On the flip side, if buyers are able to hold and close above $2450 with larger volume, it would be a sign of increasing demand and open up the possibility of breaking back to $2480-$2520. Ethereum ETF outflows deepen selling pressure While Ethereum…

Stablecoins have taken the lead in the Canadian dollar crypto order book, now accounting for 44% of the volume as of June 2026. This is a significant increase from 30% a year earlier, surpassing store of value assets at 29%. According to a recent tweet from @chainalysis, this trend underscores the growing acceptance and integration of stablecoins in everyday transactions within Canada, particularly as the country’s crypto economy expands. The Key Development The Canadian crypto market has shown resilience, growing by 2.3% over the year leading up to June 2026. The shift towards stablecoins indicates a broader trend among traders…

“Put the cryptography into the computer,” he wrote on X, apparently celebrating the blockchain’s growing adoption and activity. The 104% growth represents a significant increase from approximately 4.38 billion transactions recorded in the fourth quarter of 2025. Notably, Solana also recorded 7.54 billion transactions in the first quarter of 2026, followed by 7.19 billion in the second quarter. This means that transaction activity increased by approximately 24% on a quarter-over-quarter basis in Q3, reversing the decline observed during the preceding quarter. Solana activity surges Non-vote transactions are particularly important for evaluating blockchain activity because they exclude the routine voting transactions…

The Numbers As the crypto landscape evolves, regulatory clarity remains a priority for many jurisdictions, including Uruguay. The BCU’s initiative to create a regulatory sandbox reflects a broader trend towards fostering innovation while ensuring compliance and security. This approach could serve as a model for other countries looking to regulate virtual assets effectively. The mixed signals in the broader crypto market highlight the importance of such regulatory frameworks to stabilize and guide the growth of digital assets. Banco Central del Uruguay is the primary regulatory authority for financial institutions in Uruguay, overseeing monetary policy and ensuring financial stability. Given the…