Today's Crypto and Bitcoin News

CoinMarketCap reports:IT Home, October 22 — At today's afternoon event for the iFlytek Global 1024 Developer Festival, the iFlytek Spark X2.6 end-cloud integrated large model was officially launched.iFlytek Spark X2.6 claims to be the first to achieve breakthroughs in code and agent capabilities usi

Corporate holders of bitcoin are back above their average cost basis, though new buying appears to have slowed.Bitcoin's price has moved back above $80,000, returning many corporate treasury holders to profitability on their holdings. CryptoBriefing and CoinGape both reported the shift on October 22

ChainCatcher report: Cryptocurrency analyst Axel Adler Jr. stated that, as of October 21, the proportion of new investor capital in the Bitcoin network had risen from the yearly low of 6.6% on July 5 to 11.2%, indicating a gradual return of new funds—though still below the levels exceeding 20% seen

According to the Guardian, the Sovereign AI Leadership (SAIL) working group, comprising companies such as Nvidia, Microsoft, and Cisco, has advised the UK government that it has approximately 12 months to address public opposition to data centers; otherwise, a protest movement similar to that in the

Bitcoin recovered above $80,000 after its October 15 decline as buyers replenished bids, though support liquidity remains below its previous peak.U.S. spot Bitcoin ETFs recorded $653 million in inflows on October 19, despite trading volume remaining below its typical annual level.Glassnode identifie

Gene Munster of Deepwater Asset Management described Tesla's Full Self-Driving (FSD) technology as being at an "inflection point" following Tesla's Q3 earnings call on Wednesday. Munster said Tesla added about 250,000 FSD subscriptions during Q3. Munster said miles driven using FSD rose 190% year ov

Huo Xing Finance reports that on October 22, global market risk sentiment weakened amid escalating tensions in the Middle East and mixed earnings results from tech stocks. The KOSPI fell over 4%, SK Hynix dropped more than 5%, and Samsung Electronics slid over 4%. The Nikkei 225 declined approximate

ME News reports that on October 22 (UTC+8), the restaking protocol Swell tweeted that it has become aware of reports regarding suspicious activity involving the swETH and rswETH contracts. Swell is currently investigating in collaboration with its security partners and implementing necessary precaut

Meta Platforms CEO Mark Zuckerberg told analysts on Wednesday's third-quarter earnings call that Meta can achieve superintelligence by increasing the scale of its models. Zuckerberg described Meta's progress as methodical. Meta is already training larger models beyond its frontier model, Muse Wonder

Authorities in Beijing are pursuing a court order in the United Kingdom to confiscate a massive Bitcoin holding tied to an alleged fraud scheme.Chinese authorities have moved to seize 61,800 Bitcoin held in the United Kingdom. The holding is tied to an alleged fraud scheme valued at $5.7 billion, ac

ChainCatcher report: According to Ramp’s tracking of payment data from over 70,000 U.S. enterprises, approximately 80% of Anthropic and OpenAI’s enterprise revenue comes from the top 1% of customers. Enterprise token spending remained nearly flat for two consecutive months in August and September; a

SideSwap, a Liquid Network swap provider, resumed conversions of the synthetic Bitcoin token L-BTC into Bitcoin on October 20. Direct withdrawals through the Liquid Federation, the manager of the network's Bitcoin reserves, remain restricted. SideSwap's October 21 update said users had initiated abo

According to the Zhitong Finance app, J.P. Morgan’s latest research report noted that Micron Technology (MU.US) provided a detailed overview of its latest technological innovations and long-term strategies for its three core product lines—DRAM, HBM, and NAND—at its investor technology webinar on Oct

Elon Musk gave the strongest indication so far that Musk is seriously considering merging rocket company SpaceX with carmaker Tesla. Musk said on Tuesday that both companies had established special committees to discuss combining the businesses. Musk described a merger as a "good idea". A potential

SideSwap, a Liquid Network swap provider, resumed conversions of the synthetic Bitcoin token L-BTC into Bitcoin on October 20. Direct withdrawals through the Liquid Federation, the manager of the network's Bitcoin reserves, remain restricted. SideSwap's October 21 update said users had initiated abo