Strategy CEO Phong Le expects the next 12 months to bring the largest increase in Bitcoin banking adoption in history, driven by institutional demand and growing financial integration. The Bitcoin Banking Adoption Index reportedly reached 34% among the world's 30 largest banks in Q3 2026, with US institutions leading the expansion.
Last week, I warned that Bitcoin was approaching the $87,000 area, but that there was a high probability of a correction toward $80,000 before another attempt to break through higher resistance levels. For that reason, after the previous bullish move, I decided to position myself in the opposite direction, opening a short position around $86,000 with a clear target at $80,000.
Bitcoin price has fallen below $82,000 following a hotter-than-expected U.S. inflation report, while its daily chart still places the Supertrend support line below the market near $79,664. TradingView's Binance BTC/USDT daily chart showed Bitcoin at $81,830.60 on Oct.
A British software engineer wants 324.8 BTC back from Bitmex, claiming the cryptocurrency exchange had no legal authority to offer him derivatives trading in the United Kingdom. His demand, worth approximately $26 million using today's exchange rates, targets more than 1,000 losing trades.
Consumer prices in the US came in higher than expected in September, pushing Bitcoin down by roughly $1,000 to $82,800 and stoking fears that the Federal Reserve may consider hiking interest rates once again at its upcoming monetary policy meeting in late October.
MARA's average mining cost was $59,774, below Bitcoin's market price. Hashrate rose for two months after nine consecutive months of declines.
Coinbase, which says it safeguards roughly 5% of all bitcoin, has laid out the technical and operational hurdles bitcoin must clear before quantum-resistant security can become practical. Its message is clear: swapping in a new signature algorithm will not be enough.
Bitcoin was trading at $82,041 on Binance spot at 2:02 a.m. ET (06:02 UTC) on Oct. 15.
Bitcoin (BTC) is increasingly tied to the stock market. Mike McGlone, Bloomberg Intelligence's senior commodity strategist, believes Bitcoin has increasingly become a “stock-market puppet,” citing its strong correlation with U.S. equities and its tendency to swing more sharply.
Saifedean Ammous argues that holding Bitcoin already counts as monetary use, even if BTC is not yet widely used for everyday retail payments. He expects Bitcoin's volatility to decline as its market grows and predicts it could eventually surpass gold in total market capitalization.
Bitcoin is becoming part of mainstream finance but may face deeper political polarization. Troy Cross says brand confusion and insider culture are limiting broader adoption.
Bitwise CIO Matt Hougan believes Bitcoin could mirror gold's dramatic growth after its first ETF launch, potentially reaching a $30 trillion market value.