Bitcoin and other cryptocurrency funds experienced a historic influx of nearly $6 billion in a single week, driven by heightened institutional interest and a search for safe-haven assets amid global economic uncertainty. This surge included $3.55 billion directed specifically towards Bitcoin investment products, marking the highest weekly total recorded to date. The inflows coincide with Bitcoin's price reaching a new all-time high above $126,000, reflecting a robust demand for regulated cryptocurrency exposure. Analysts suggest that this influx is a response to ongoing fiscal challenges and a weakening U.S.
dollar, prompting investors to diversify into digital assets as a hedge against inflation and currency debasement.
Strategy Inc. announced an impressive $3.9 billion unrealized gain from its Bitcoin holdings in Q3 2025, reflecting the cryptocurrency's price rally. The firm, known for its aggressive Bitcoin accumulation strategy, paused new purchases for the first time since April, maintaining its total holdings at 640,031 BTC, valued at approximately $79 billion. This decision to halt acquisitions comes amid significant profits, with Strategy's average purchase price around $73,983 per Bitcoin.
The firm also reported a deferred tax expense of $1.12 billion, highlighting the financial implications of its substantial digital asset exposure.
XRP has seen significant trading activity, with whales offloading over $300 million as the price fluctuated between $2.99 and $3.05. The cryptocurrency's recent rally was supported by strong institutional flows, with over 1.5 billion tokens transacted, indicating robust market interest ahead of critical ETF deadlines. Similarly, Dogecoin surged 6% to $0.27, backed by whale accumulation of 30 million tokens and speculation regarding its potential inclusion in retirement funds. The price action reflects a broader trend of institutional interest in cryptocurrencies, with both assets poised for potential breakout movements if key resistance levels are surpassed.
The recent surge in institutional investments and ETF inflows signals a growing confidence in the cryptocurrency market. With Bitcoin and Ethereum ETFs posting record inflows, the landscape is shifting towards a more regulated and institutional-friendly environment, which could further drive adoption and price appreciation. As major players like BlackRock and Galaxy Digital expand their offerings, the potential for new capital inflows remains high. This trend suggests that the current market momentum may continue, with analysts predicting further price increases across various cryptocurrencies as institutional interest solidifies.
The total crypto market cap (TOTAL) continues to post gains, even reaching its all-time high of $4.27 trillion. This was facilitated by Bitcoin (BTC) price crossing the $126,000 mark and forming a new all-time high during the intra-day rise over the last 24 hours. MYX Finance (MYX) emerged as the best performer of the day as it bounced back by 36%. BitMine Immersion Technologies expanded its Ethereum reserves by 179,251 ETH last week, now holding over 2.83 million tokens — more than 2% of ETH’s supply.
The firm also maintains $456 million in cash, 192 bitcoin, and a stake in Worldcoin-focused Eightco Holdings.
Strategy’s Bitcoin bet swelled by $3.9 billion in unrealized gains last quarter, even as Michael Saylor broke tradition by skipping a fresh BTC purchase.
Two Australian pensions confirmed their merger to form a $156 billion fund.
Shares of bitcoin mining stocks like Hive, Bitfarms, and Riot Platforms closed the day with gains in the double-digits.
Keefe, Bruyette & Woods (KBW) initiated coverage of Figure with an “outperform” rating and a 12-month price target of $48.50, suggesting 17.5% upside. Bank of America initiated coverage with a “neutral” rating and a $41 price target, citing risks around execution, regulation, and Figure’s dependence on its HELOC business.
Ondo completed the acquisition of US-regulated broker Oasis Pro. A joint report from Ripple and Boston Consulting Group projects that the tokenized asset market could exceed $18 trillion by 2033.
Bitcoin (BTC) has reached a new all-time high of $126,223, marking a significant milestone in its price trajectory. This surge has been attributed to a combination of factors, including a weakening dollar and increased institutional interest, as Bitcoin's dominance in the crypto market rose to 59%. The CoinDesk 20 Index reflects a broader market rally, with Ethereum (ETH) climbing 4% to $4,700 and other altcoins like Dogecoin (DOGE) and Binance Coin (BNB) gaining 6% each. The overall crypto market capitalization has surpassed $4.33 trillion, indicating robust investor confidence during this bullish phase known as "Uptober."
The recent surge in Bitcoin's price has also positively impacted mining stocks, with companies like HIVE Digital and Marathon Digital experiencing significant gains. The announcement of OpenAI's deal to purchase tens of billions of dollars worth of chips from AMD has further fueled interest in AI and high-performance computing (HPC) sectors, leading to an 8% rise in Bitfarms and a 12% increase in IREN, which hit all-time highs. Galaxy Digital's stock rose 5% following its launch of GalaxyOne, a new wealth management platform, indicating a strategic pivot towards AI and HPC capabilities.
While Bitcoin's dominance has tightened its grip on the market, altcoins are also experiencing notable movements. XRP is trading at $2.99, reflecting a modest weekly gain, while BNB has climbed to $1,225, marking a 17% rise over the week. The layer-1 sector, which includes Solana and Avalanche, has shown strong performance with a 12.54% gain recently. Institutional interest is growing, particularly following regulatory developments such as the GENIUS Act and the SEC's Project Crypto initiative, which are expected to enhance clarity and boost adoption in the crypto space.
Fasset has secured a provisional banking license in Malaysia, enabling it to establish the world's first stablecoin-powered Islamic digital bank. This regulatory approval allows Fasset to expand its digital asset platform into full-service banking, offering Shariah-compliant financial products. The company plans to implement an Ethereum Layer 2 network built on Arbitrum to settle regulated real-world assets on-chain, enhancing its operational capabilities in the Islamic finance sector. This initiative aims to bridge the gap in financial inclusion within the $5 trillion global Islamic finance industry, particularly in Asia and Africa.
MetaMask has announced a rewards program that allocates over $30 million in Linea tokens, aiming to incentivize user engagement ahead of its anticipated token launch. This initiative is designed to create a robust ecosystem around MetaMask's wallet and its newly launched mUSD stablecoin. The program will offer various rewards, including referral bonuses and exclusive partner incentives, thereby enhancing user participation and activity on the platform.
The Russian-backed stablecoin A7A5 has reached a market capitalization of $500 million, making it the largest non-U.S. dollar stablecoin globally. This growth has raised alarms among Western regulators, as A7A5 is linked to entities under international sanctions. The token, pegged to the Russian ruble and backed by fiat deposits in Kyrgyz banks, is positioned as a tool for facilitating international trade, particularly for Russia.
The EU is considering additional sanctions against A7A5, which could further impact its operations and market presence.
Plume Network has been registered by the SEC as a transfer agent, allowing it to manage the issuance, transfer, and management of tokenized securities on-chain. Following this announcement, the native token PLUME experienced a 25% increase in value, with daily trading volume rising by 186%. This regulatory approval positions Plume to facilitate on-chain IPOs and small-cap fundraising, significantly reducing tokenization timelines through smart-contract automation, thus enhancing the operational efficiency for institutional investors.
Bee Maps has raised $32 million to expand its decentralized mapping network powered by Hivemapper. This funding will be utilized to enhance AI models for processing mapping data and to incentivize contributors through its native token, $HONEY. The project aims to improve real-time mapping capabilities by leveraging AI-enabled dash cams, ensuring that digital maps remain accurate and up-to-date. The investment reflects strong interest in decentralized physical infrastructure solutions.
Research from MIT suggests that decentralization can enhance the efficiency of blockchain networks like Ethereum and Solana. The study found that a new network layer could spread Ethereum blocks 6.5 times faster than the current Gossipsub protocol, potentially lowering transaction costs and improving overall network performance. This insight underscores the importance of decentralization not only as a design choice but as a principle that could drive operational efficiencies in blockchain technology.
Grayscale's plans for a $33 billion initial public offering are facing significant legal hurdles due to ongoing lawsuits related to the bankruptcy of Genesis Global Capital. The Genesis Litigation Oversight Committee has filed two lawsuits, one in Delaware’s Court of Chancery and another in the U.S. Bankruptcy Court for the Southern District of New York, seeking over $1.2 billion in recoveries. The accusations against Barry Silbert and Digital Currency Group (DCG) include mismanagement of Genesis and improper financial practices, which could jeopardize Grayscale's IPO ambitions.
India is set to introduce a digital currency backed by the Reserve Bank of India (RBI), aimed at facilitating faster and more secure transactions. Union Minister Piyush Goyal emphasized that this initiative will leverage blockchain technology and draw parallels with stablecoins in the U.S. under the GENIUS Act. The Indian government has been cautious about unbacked cryptocurrencies, imposing heavy taxes on them to deter usage, which has led to over 90% of crypto trading moving offshore.
Senator Cynthia Lummis has indicated that fundraising for a Strategic Bitcoin Reserve in the U.S. could commence soon, although progress has been hindered by legislative delays. This proposal aims to establish a reserve that could potentially influence the market dynamics of Bitcoin and other cryptocurrencies.
The Trump Administration's consideration of stimulus checks funded by tariff dividends has led analysts to speculate about a potential liquidity-driven bull run in the cryptocurrency market. This could inject fresh capital into the market, impacting Bitcoin and other digital assets significantly.
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