‍Bitcoin's October "Golden Week" Performance Falls Short, but Outlook Remains Bullish Bitcoin (BTC) is currently facing a critical juncture as its traditional "golden week" in October concludes, challenging its historical pattern of significant gains. Despite a brief surge, BTC has struggled to maintain the expected 7% increase, putting its established seasonality into question. Historically, October has delivered 7% upside during specific seven-day periods since 2015. This year's October "golden week" saw BTC/USD briefly hit $116,000 but has since retreated. Network economist Timothy Peterson noted that for gains to be sealed, Bitcoin needed to reclaim $116,000 by Wednesday's close. Current "golden week" gains stand at approximately 4.5%, a disappointment for bulls. Despite this shortfall, Peterson's broader research suggests a more optimistic outlook, with projections of new all-time highs above $160,000 by December, aligning with the 30th percentile of Bitcoin seasonality. Macroeconomic factors, including anticipated US Federal Reserve rate cuts and potential US-China trade deal finalization, could provide significant tailwinds for crypto. Technical indicators also offer promising short-term signals.
‍Accountable Secures $7.5M for Real-Time Crypto Financial Verification Accountable has closed a $7.5 million funding round led by Pantera Capital, with participation from OKX Ventures, Onigiri Capital, KPK, and Auros. The investment aims to enhance real-time financial verification for digital assets and address solvency challenges in onchain lending. The company's Proof of Reserves framework provides continuous, real-time verification of assets and liabilities without compromising private strategies. The funds will support team expansion, DVN development, and new institutional products like Vault-as-a-Service. Accountable has already verified over $1 billion in assets, with plans to integrate into structured credit, stablecoins, and treasuries.
‍Thopen Explores Bitcoin Mining to Utilize Brazil's Renewable Energy Surplus Brazilian solar power producer Thopen is considering Bitcoin mining to absorb the country's growing renewable energy surplus. This reflects a global trend of energy companies using digital asset mining to convert excess power into capital, addressing oversupply challenges. Brazil faces significant electricity oversupply from its booming solar and wind sectors, outpacing transmission infrastructure development. This leads to substantial energy curtailment for solar suppliers. To mitigate this, Thopen is evaluating solutions like data centers and Bitcoin mining to absorb locally generated energy. This strategy aligns with other crypto mining firms negotiating with Brazilian providers to capitalize on renewable power surplus. Companies like Renova Energia and Tether are already investing in similar initiatives in Brazil. The trend is also evident globally, with UK's Union Jack Oil and Canada's AgriFORCE Growing Systems exploring crypto mining for energy monetization.
‍OpenAI Faces Legal Setback in Copyright Battle A federal judge has denied OpenAI's attempt to dismiss claims that the company unlawfully downloaded authors' copyrighted books for AI training. This ruling intensifies the debate over intellectual property in the age of generative AI and has implications for digital content, including Web3 and crypto. The court affirmed that authors can pursue allegations of unlawful reproduction, focusing on models GPT-3 through GPT-4o Mini. OpenAI is ordered to produce evidence related to book datasets. This case is part of a larger litigation involving copyright infringement lawsuits against OpenAI and Microsoft.
‍BitcoinOS ($BOS) Token Launches, Aiming to Advance Institutional BTCFi The $BOS token from BitcoinOS has officially launched, targeting a Fully Diluted Valuation (FDV) of $200 million. The token is now trading on major exchanges including Binance Alpha, Kucoin, Gate, Kraken US, Bitget, and MEXC, as well as PancakeSwap DEX. $BOS is available as an ERC-20 token on EVM-compatible chains and a CNT token on Cardano, facilitating cross-chain interactions. The token acts as an incentive layer for the BitcoinOS network, powering a specialized node network for computational and verification tasks on Bitcoin. A buy-and-burn mechanism is employed to increase value accrual, creating a BTC-native economy where holders can earn BTC-denominated returns. BitcoinOS has integrated with Cardano, Litecoin, Arbitrum, and others, and features innovations like bridgeless cross-chain asset transfers and Charms, a protocol for programmable tokens on Bitcoin. These advancements aim to unlock an estimated $2.2 trillion in Bitcoin liquidity. The platform leverages zero-knowledge proof technology to enable smart contracts and DeFi applications directly on Bitcoin, transforming it into a programmable digital asset economy.
‍Avalanche Network Sees Growing Gov & TradFi Adoption, AVAX Remains 86% Below Peak Avalanche is gaining traction with governments and institutional investors, evidenced by Wyoming issuing a stablecoin on the network and SkyBridge Capital tokenizing $300 million in hedge fund capital. The blockchain is now the third-largest for tokenized US Treasurys. Despite this adoption, AVAX trades 86% below its all-time high, recently declining 33% amid broader market corrections. Robust on-chain activity with over one million daily transactions hasn't yet translated to AVAX price appreciation, highlighting a potential disconnect between network utility and speculative value.
‍Dollar Strength vs. Institutional Inflow: Bitcoin's Next Move? The historical inverse correlation between U.S. dollar strength and Bitcoin's market peaks is under scrutiny. While some analysts point to the DXY as a predictor of Bitcoin's cycle tops, others argue that the influx of institutional capital, particularly via spot ETFs, is reshaping market dynamics. The introduction of $150-$170 billion in spot ETF assets has created a new class of "price-insensitive long-term holders," leading to a 57% decline in Bitcoin's daily volatility. Furthermore, the Federal Reserve's current easing cycle contrasts with past interest rate hikes, potentially mitigating dollar pressure. While a DXY rally could trigger a correction, analysts foresee continued ETF accumulation and dollar weakness supporting a bullish outlook for Bitcoin through 2025.
‍The True Trade to Showcase User-Friendly DeFi at Blockchain Life 2025 The True Trade, a decentralized perpetual futures exchange, will participate in Blockchain Life 2025 in Dubai, UAE, on October 28-29. The platform aims to simplify DeFi trading access with a streamlined onboarding process using Web3 wallets, Google accounts, or Telegram IDs. It offers direct wallet trading or gasless internal balances, self-custody, over 30 perpetual markets with up to 1001x leverage, and fast execution times.
‍CoinShares Launches Staked Toncoin ETP Amidst Market Dip CoinShares, a leading European crypto asset manager, has introduced a new Toncoin (TON) exchange-traded product (ETP) trading under the ticker CTON on Switzerland's SIX exchange. This product offers investors exposure to TON, the native cryptocurrency of The Open Network (TON), known for its integration with Telegram. The CTON ETP provides a 2% staking yield and leverages TON's high-performance capabilities, processing over 104,000 transactions per second, alongside Telegram's 900+ million active users. Despite a year-to-date market cap decline of 59%, TON saw a modest positive reaction to the news, increasing by 5%. This launch highlights growing institutional interest in digital assets and regulated investment avenues.
‍MEXC Loans Now Accepts BTC as Collateral for USDT/USDC Borrowing MEXC has integrated Bitcoin (BTC) as a collateral option for its MEXC Loans product. Effective October 27, 2025, users can pledge BTC to borrow USDT or USDC stablecoins, with rates starting at 5% APR. This feature allows users to access liquidity without selling their BTC, enabling them to pursue market opportunities or manage financial needs while maintaining exposure to BTC's price movements. Borrowed funds can be utilized for trading, earn products, or withdrawals within the MEXC ecosystem. Users must complete Primary KYC verification to access the service. This enhancement underscores MEXC's commitment to providing versatile financial instruments to its over 40 million users globally.