Wall Street has been struggling to find its footing on Tuesday, Oct. 13, 2026, as disappointing JPMorgan Chase earnings collided with another semiconductor selloff. Goldman Sachs delivered a blockbuster quarter, but chip stocks continued losing ground amid mounting concerns over artificial intelligence (AI) spending and Chinese competition.
Wealth Enhancement's increased Bitcoin ETF holdings highlight growing institutional interest and diversification in cryptocurrency investments. Wealth Enhancement boosts Bitcoin ETF position from $22M to $33M.
Exchange-held Bitcoin has declined from 2.8 million since February, while BTC recently traded at $83,485, unchanged over 24 hours and up 8% in 30 days.
The Japanese company Metaplanet takes a new step in its financial strategy. By issuing 52 billion yen (~$328 million) of zero-coupon convertible bonds, the company aims to restructure its debt and buy back its own shares without selling its Bitcoins.
Bitcoin's stalled rally highlights the market's vulnerability to long-term holder sell-offs, impacting future price stability and investor sentiment. Bitcoin price stalls near $88K as selling pressure slows.
One- to two-year holders sold into Bitcoin's rebound, while the six- to 12-month group's breakeven level sits near $89,000.
The Nasdaq-listed company added 3,311 BTC between Oct. 5 and Oct. 9, lifting its holdings to 32,773 BTC.
Bitcoin dipped below $81,000 before buyers stepped in, but the Fear and Greed Index says traders aren't convinced yet.
Tesla, an electric vehicle manufacturing firm led by world-renowned billionaire entrepreneur Elon Musk, has retained its strong Bitcoin position as one of Bitcoin's major corporate holders over the years.
"Initial sell-off is possible and that alone wouldn't establish a bear market," ChatGPT said.
Strive buys 3,311 Bitcoin for roughly $280M, reaching 32,773 BTC. ASST investors weigh treasury growth against new share issuance.
Coinbase is working with developers and researchers to prepare Bitcoin's security for potential threats from quantum computers. The exchange proposes introducing quantum-resistant signatures and developing a gradual transition to protect funds without disrupting the network.