MARA Holdings has transferred nearly 1,000 Bitcoin worth approximately $81.13 million to Galaxy Digital, according to blockchain transaction data flagged by onchain analytics platform Lookonchain. In an October 9 post on X, Lookonchain identified a transfer of 996.
Bitcoin price rebounds above $82,000 after Trump's Iran comments, but ETF outflows and weak technical indicators raise questions about the recovery.
Michael Saylor said Strategy has no fixed Bitcoin portfolio target and will continue accumulating as it raises capital.
Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.
Thailand will allow passive spot Bitcoin and Ethereum funds on the SET under new custody and investor protection rules.
Thailand's SEC will permit locally established crypto ETFs under passive-management, custody and investor-disclosure requirements, but no fund has been approved to trade on that date.
Thailand has finalized rules for Bitcoin and Ether ETFs starting October 16, allowing trading on its main stock exchange with new investor safeguards.
The funds recorded their second consecutive trading day of withdrawals on Oct. 8, following $484.9 million in net outflows on the previous trading day.
Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%. According to CryptoQuant's weekly report shared with CryptoSlate, total daily mining revenue climbed from approximately $27 million at July's lows to as much as $48 million, following Bitcoin's roughly 45% recovery from $58,000 to above $83,000.
About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether's market value being less than a fifth as large.
Bitcoin recovered from roughly $80,300 as oil prices also retreated after Trump said the United States would not attack Iran before the Nov. 3 midterm elections.
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “bunker mode” fears.