The founder said an earlier $100,000 target reflected a 2021 prediction and pointed to Bitcoin's limited supply.
The planned relaunch will add remittances, lending, debit cards and digital-asset payments while the government keeps a minority stake.
Long positions made up about $1.05 billion of the forced closures as Bitcoin recovered toward $82,500 after reaching $80,350.
Bitcoin fell to $80,350 before recovering toward $82,500 as nearly $1.1 billion in liquidations hit over 24 hours, according to CoinGlass data. Long positions accounted for roughly $1.05 billion of the total, making leveraged buyers the main casualties of the market-wide liquidation wave.
According to Lionguard Labs, the new Chivo wallet will offer Salvadorans a comprehensive suite of services, including wallet-activity-supported microloans, cash advances, free remittances, and crypto card payments.
Thailand will allow local asset managers to launch Bitcoin and Ether ETFs on its stock exchange starting October 16. The funds must maintain at least 80% of their net asset value in exposure to a single cryptocurrency and use regulated custodians.
Bitcoin held for at least six months has barely moved to exchanges, while nearly all recent inflows involved coins transferred within the past week.
MARA Holdings transferred 996 BTC worth approximately $81.13 million on October 9, according to Lookonchain's on-chain tracking. The movement involved a Galaxy Digital-linked destination as the miner continues evolving its broader infrastructure strategy, while the transfer represents a sizeable movement of Bitcoin but does not by itself confirm a sale.
U.S. spot bitcoin ETFs recorded $244.13 million in net outflows on Oct. 8, extending withdrawals to a second trading day. Cumulative net inflows stood at $57.09 billion.
The transaction used existing Bitcoin scripts without a soft fork, new opcode or consensus change, but the system remains an emergency research solution.
The United States puts 215 million dollars on the table to accelerate the development of fault-tolerant quantum computers. The Department of Energy's goal is to demonstrate machines with hundreds of logical qubits by 2028.
Antoine Poinsot discussed Justin Drake's viral post, potential quantum theft, proposed protocol changes and multisignature safeguards.