BlackRock reduced AI exposure.
Others will likely follow.
They will eventually need scarce independent assets.
Bitcoin is the answer!
Bitcoin retail traders far from desperate below $80K.
Demand for bullish leverage stayed neutral.
Funding rate healthy between 6% and 11%.
Trillion-dollar companies committed money they don’t have. Nothing to see here.
Meta Platforms holds the same $1.6 trillion market cap as Bitcoin.
Probably not for long.
Galaxy Digital: “Bitcoin bottom is in. Time to BUY and HOLD.”
• Debasement case stronger: betting against stocks and hard assets means betting on fiat.
• Sellers mostly gone: basis traders and macro tourists cut exposure by over half.
Michael Saylor’s Strategy HELD its 848,517 Bitcoin last week.
Bought back $205M of STRC preferred shares.
$5.1 billion in total cash, down from $5.3 billion.
HUUUUGE! đź‘€
$2.9B Strive acquired 6,182 Bitcoin, worth $510M
Now holds 43,000 BTC
Cash position increased to $555M from $188M
$ASST
Bitcoin ETFs bought $442M last week.
Not enough to reverse October outflows.
Month-to-date: $175M net sell.
BE AWARE: Foundation wallet email and domains have been compromised. 🚨
WAIT before taking any action.
ANNOUNCEMENT: SPAM EMAILS HAVE BEEN SENT THAT APPEAR TO HAVE COME FROM OFFICIAL FOUNDATION DOMAINS.
We have traced this back to one or more compromised API keys on Cloudflare, and have already revoked all API keys.
The malicious domain in the spam email has been taken down.
Funds stored on Passport are safe and Passport hardware is not compromised.
We are working nonstop to discover exactly what happened and will put out a report ASAP.
Someone writing gibberish into Bitcoin 40x a day for 3 weeks — Galaxy Research.
• Wallet inscribed the U.S. Constitution
• Funds from 3 tiny exchange withdrawals
• 76% of 0.0333 BTC still unspent
Bitcoin down 5% in 30 days
Peter Schiff (Oct. 24): “Bitcoin is finally breaking down.”
Gold down 7% in 30 days
Peter Schiff (Oct. 23): “Gold is selling off with the stock market.”
Bitcoin Archive retweeted
“The most obvious thing for cryptographic hacks is to break SHA-256 and Satoshi’s wallet.” — Chamath Palihapitiya
Can someone please tell him that’s not how it works?
a) If you break SHA, every bank, cloud service and government is cooked.
b) Satoshi holds 20k+ wallets.
Bitcoin buyers dropped the $80K wall and are now stacking at $79,000.
Bulls look a bit cautious after the $5K drop in two days — expected, not panic.
Grant Cardone: "If I sell the real estate, I'm back to zero assets.
But when I add the Bitcoin on top of it, I could flip the real estate off, return the capital, and still own the BTC."























