Yes, dear reader, this resurrected Frankenstein, HB 183, seeks to appease the gods of finance and technology, extending its trembling fingers from simple Bitcoin to a broader, more frightening array of crypto objects. The new incantations include elaborate spells of custody and fiduciary standards, as if that might placate the tumultuous spirits of speculation. 🧙♂️
Lo, the weekly charts doth bear witness to thy 9% descent, a tale of waning momentum and the shadow of U.S.-China strife. The world, it seems, is but a stage for chaos, and thou, poor Bitcoin, art both actor and audience, writhing in the throes of existential dread. 🕳️
Corporate 🧙♂️bitcoin ownership continues to accelerate, underscoring growing institutional engagement in digital assets. Bitwise Asset Management shared on Oct. 13 on social media platform X a chart highlighting how companies are buying 🧙♂️bitcoin in Q3 2025. The firm reported that total corporate holdings reached 1.02 million 🧙♂️BTC in the third quarter, a 20.87% increase from the prior quarter. The combined value of these holdings rose to $117 billion, supported by 🧙♂️bitcoin’s average price of $114,402 during the period. 🧙♀️
The powers that be have finally had it. New rules are in place, because apparently, “honor system” wasn’t cutting it. Now, there’s a cash cap of AUD5,000 per transaction-because if you’re depositing more than that, you’re either a drug lord or really bad at Monopoly. 🤑
If ever a country loved a good financial fad with the passion of a teenager in love, it’s India. And now, like a salesman peddling miracle elixir at a county fair, Coinbase has ridden in, spurs a-jangling, to cash in on the chaos. On October 15 – a date future historians may mark as either genius or galloping foolishness – the Nasdaq-listed exchange (COIN, for those playing the home game) announced it’s investing afresh in Coindcx, India’s answer to “Wait, is this legal?”
BlackRock, in a fit of modern efficiency, is rolling out a thoroughly revamped money market fund. This is all, naturally, to comply with the rather ponderously named GENIUS Act legislation. A strategic positioning, of course, to be a ‘good servant’ – a phrase one hasn’t heard since the decline of the British Empire – to these stablecoin issuers. These issuers, you see, must now possess reserves of a suitably liquid and high-quality nature, as dictated by the federal framework. A tiresome obligation, no doubt, but one BlackRock is eager to facilitate… for a fee.
Now, brace yourself for the next act: October 31st, a date so magical it could rival the debut of a magician’s rabbit. Dr. Cat, channeling Ichimoku’s ghost, insists this is when bulls might “break the ATH cage” (or crash like a flamingo in a hailstorm). But first, the market must endure a gauntlet of weekly Kijun Sen lines-$105,700 this week, $109,559 next-as if Satoshi himself had scribbled these numbers on a napkin during a caffeine binge.
Valve, a colossus in this virtual realm, found itself not immune-victimized to the extent that even third-rate fan channels joined the chaos. An empire of pixels, turned hostage to digital smugglers. It’s 2025, folks, and the crime wave is no longer in the shadows; it’s surfing on the waves of the internet, grinning maliciously. 🕵️♂️
The world’s collective jaw dropped when the U.S. government revealed it had seized 127,271 BTC from Chen Zhi’s “Prince Group” scam, a financial Ponzi scheme so elaborate it could’ve been scripted by a 19th-century con artist. Meanwhile, onchain sleuths are tracing the money trail back to Lubian.com, a defunct mining pool prosecutors claim was funded by ill-gotten gains-a digital alibi as flimsy as a paper wallet in a hurricane.
The stage was set by three harbingers: Coinbase’s Premium, the Funding Rate’s sly grin, and the Taker Buy/Sell Ratio’s mournful dirge. In the land of the free, where Coinbase reigns, premiums gleamed like gold, yet Binance’s wolves howled louder, their sell orders drowning the timid chorus of American buyers. Ah, the Funding Rate-faithless as ever-remained negative for four days, a ghost haunting Binance’s halls, while elsewhere, exchanges basked in the glow of positivity. The Taker Ratio, that ancient barometer, plummeted to its lowest ebb in a year, sellers waltzing with glee as liquidation reigned supreme.
