🟠 Michael Saylor's Bitcoin Treasury Secures Nearly $1 Billion in Profit

The world's largest Bitcoin treasury firm, chaired by Michael Saylor, Strategy is winning on its consistent Bitcoin bets even at a time when the broader crypto market continues to struggle amid prolonged volatility.

While the firm had just added another 811 BTC worth about $65.5 million to its fast-expanding Bitcoin stash during a market dip in the final week of October, it has further tilted its holdings a little higher.

🔸 Saylor's Bitcoin bet is paying off

Latest data from Arkham Intelligence shows that Strategy's unrealized profits are rapidly approaching a $1 billion milestone, especially after its latest $65 million Bitcoin purchase during the last week.

While the recent purchase has brought the company's total holdings to 849,327 BTC, worth about $65.9 billion, up from the 848,516 BTC it held the previous week, Strategy's Bitcoin holdings are rapidly expanding.

As such, the world's largest Bitcoin corporate holding firm has continued to sit on massive unrealized gains despite Bitcoin's mixed price action.

Although Bitcoin's price action has remained weak, it is still trading above the average purchase price of each Bitcoin owned by Strategy at over $77,000. As such, the company has been able to generate substantial unrealized profits of over $919 million as of November 3.

🔸 What happens if Bitcoin moons in November?

While Strategy has continued to win on its relentless Bitcoin bets even at a time when the market is facing extreme volatility, market watchers are already asking the bigger question about how much gain the company could secure if Bitcoin eventually recovers this month.

With Strategy already sitting on over $919 million in profit when Bitcoin is trading around $77,000, the firm is poised to hit multi-billion profits later this month if Bitcoin reclaims support around $80,000.

#MichaelSaylor | #BTC | #Bitcoin | $BTC

🔵 If you had started saving $10 per month in BTC back in 2011, the $1,820 you would have invested would now be worth $2.5 million.

But instead, in 2011, we probably replayed GTA San Andreas for the hundredth time 😁

#BTC | #Bitcoin | $BTC

💸 Here's how big bitcoin traders responded after the Binance hack hit

A day ago, we noted how bitcoin $BTC$77,330.58 investors were buying insurance against potential price drops in the largest cryptocurrency. That bias strengthened after a hacker walked away with more than $6 billion in crypto assets from Binance, the largest crypto exchange.

The insurance in question is a put option, which gives the buyer the right to sell bitcoin at a predetermined price. The option pays off if the $BTC price falls below the agreed sale price, or strike.

The scramble to buy these hedges in privately negotiated deals took off on Paradigm, a liquidity network where large traders negotiate bets in block trades.

The first big trade hit at 20:38 UTC, about 15 minutes after the first outflows from Binance’s wallet and before the news was public, Nicolas Quatravaux, head of EMEA at Paradigm, the leading institutional liquidity network in crypto derivatives.

The trade involved buying 250 lots (each representing one $BTC) of $78,000 puts expiring Oct. 31, worth about $20 million in notional terms. Notional value is the dollar value of the bitcoin the contracts cover. Three minutes later, another 250 clip of the same put traded, and the buyer paid about 35% more.

Altiorix Trades, which tracks market flows on X, said purchases looked especially telling. “The contracts were purchased with $BTC around $80.15K, and by the night price was trading right at that strike. Selling the 80K calls at the same time capped any participation in further upside,” it said.

In the eight hours since the hack, Paradigm traded around $590 million in notional $BTC options blocks. That is about half of the total $BTC options block volume on Deribit, the largest crypto options exchange, over the same period.

The flow was lopsidedly bearish, with most of the amount in puts. The busiest hour came before Binance had said anything and included two 1,000 $BTC blocks of mid-November $74,000 puts, totaling about $155 million in notional value.

Most of the buying occurred in puts just below, but still near, the spot price, not at far lower strikes. That suggests this is not deep-tail hedging, or lottery-ticket bets on a potential crash, but rather conviction hedging against a deeper near-term pullback.

“The buying sits close to the current price, at strikes of $74,000 to $78,000, mostly expiring this week and in mid-November,” Quatravaux noted.

Deribit, too, saw increased activity in put options. The biggest bet involved a multi-leg put strategy across November and December expiries worth around $190 million. Another trade involved 500 $BTC blocks in November $64,000 puts and some flow in March calls. “So not everyone was playing defense,” Quatravaux noted.

#BTC | #Bitcoin | $BTC | #Binance

Liquidations on the crypto market following the Binance hack exceeded $1.5 billion ⬇️

The exchange stated that it managed to freeze approximately $3 billion, while the rest of the stolen $6.3 billion flowed into the order book.

Binance promised to compensate for all user losses. It is not reported who will compensate for the losses of token holders due to the sell-off 🕓

#Binance | #Crypto | $BNB

🔥 The Fed’s Preliminary Inflation Data Has Been Released! Here’s Bitcoin’s Initial Reaction!

Bitcoin, the leading cryptocurrency, continues to trade around the critical $80,000 level following yesterday’s Federal Reserve interest rate decision, while data on Personal Consumption Expenditures (PCE), closely monitored by the Fed when making interest rate decisions and considered a leading indicator of inflation, was released.

As is known, the Fed kept its policy interest rate stable at 3.75-4 percent in October, while two members expressed their opinion in favor of a 25 basis point interest rate increase. Following the decision, Fed Chairman Kevin Warsh stated that inflation is still running above the 2 percent target level.

Accordingly, the personal consumption expenditure data for September were as follows:

🔸 Core Personal Consumption Expenditures Price Index (Annual) Announced 3.1% – Expected 3.1% – Previous 3.0%

🔸 Core Personal Consumption Expenditures Price Index (Monthly) Announced 0.3% – Expected 0.3% – Previous 0.3%

🔸 Personal Consumption Expenditures Price Index (Annual) Announced 3.6% – Expected 3.6% – Previous 3.4%

🔸 Personal Consumption Expenditures Price Index (Monthly) Announced 0.5% – Expected 0.5% – Previous 0.3%

According to The Kobeissi Letter, US September PCE inflation, the Fed’s preferred measure of inflation, rose to 3.6%. Core PCE inflation also increased to 3.1%, a 0.3% increase compared to the previous month. This officially confirms that CPI, PPI, and PCE inflations are all rising again. The report suggests that, based on these data, a rate hike is imminent in December.

#BTC | #Bitcoin | $BTC

How long will it take for Bitcoin to return to $126k? 🤔️️️️️️

It has been almost a year since the all-time high (ATH). Currently, the price is 34% below the peak, but it is already 43% above the July low of $58k. If we analyze the infographic above, which shows the relationship between the depth of the decline and the duration of the recovery, we can see the following:

🔘 Historically, after a drop of 50-55%, it has taken 60-230 days from the bottom to return to the previous ATH.

🔘 Approximately 114 days have passed since the July low.

🔘 If $58k was indeed the bottom, the historical recovery window falls between December 2026 and February 2027.

What are the possible scenarios?

🟢 Optimistic: A breakout above $95-$100k in November would accelerate the recovery, and BTC could reach a new ATH before the end of the year.

🟠 Moderate: Consolidation in the $85-$90k range, with a return to $126k in early 2027.

💭 For now, Bitcoin is close to the median line of the historical recovery model. The next few months will show whether the market can maintain this pace.

#BTC | #Bitcoin | $BTC

🟢 Can Near Protocol (NEAR) Recover? Main Resistance Threshold Is Clear Now

NEAR Protocol trades around $4.97 after a sharp pullback from its latest high. The token climbed from approximately $1.60 in August to nearly $6.00 in mid-October, one of the most powerful runs among large altcoins this year. Since then, the price has moved sideways, and investors are now asking whether NEAR can recover and push higher.

🔸 Next major barrier established

The main resistance now sits between $5.40 and $5.60. NEAR has failed to close above this area several times in recent weeks. Each attempt ended with a long upper shadow on the daily candle, which indicates that sellers step in quickly when the price gets close. Above that zone, the $6.00 peak is the next major barrier.

Support is easier to identify. The short-term moving average near $4.83 has held the price up in recent sessions, and buyers continue to defend the $4.80 level. If that fails, the next area to watch is around $4.30, where the price bounced earlier in October. That level also lines up with the 50-day moving average at approximately $4.27, which makes it a strong floor.

🔸 The trend remains healthy

The bigger trend still looks healthy. All the major moving averages point up, and the price remains well above each of them. The 200-day average near $2.80 is far below the current price, which shows how far NEAR has moved in a short time. A drop toward the middle averages would be a normal cooldown and would not damage the larger uptrend.

Momentum has cooled. The RSI fell from extreme overbought levels above 85 in late September to approximately 50 today. This is a reset, not a warning signal. It means the market has had time to rest, and there is room for a new push if buyers return. Trading volume has declined during the consolidation. Lower volume in a tight range often comes before a bigger move, but it also indicates that investors are not fully convinced yet.

#NEAR | $NEAR

🔘 Arbitrum Active Addresses Hit 30-Day High, Then Retreat

Arbitrum One recorded 571,767 daily active addresses on Oct. 21, its highest count in 30 days and nearly five times the preceding week's median, according to growthepie's daily series. The burst had faded by the following morning.

The Ethereum Layer 2's address count rose from 201,145 on Oct. 20, while transactions increased much less sharply—from 1,505,085 to 1,660,573, according to growthepie's transaction series. That divergence matters for readers tracking network adoption: more active addresses did not translate into a comparable expansion in transactions.

Hourly data show the surge was short-lived. Arbitrum exceeded 104,000 active addresses in each of the three hours beginning at 14:00 UTC on Oct. 21. In the first nine hourly observations on Oct. 22, counts were back below 10,000. These are addresses, not a count of individual people, and the data do not establish whether bots or an incentive campaign drove the increase.

🔸 Arbitrum's Address Burst Fades

The daily count was about 393% above the median of 116,048 for Oct. 14–20, The Defiant calculated from growthepie's seven daily observations. It also surpassed the previous high within the 30-day window, 353,177 on Oct. 6. All daily comparisons use complete UTC days.

The jump was not confined to Arbitrum. Base rose from 344,705 active addresses on Oct. 20 to 629,142 on Oct. 21, remaining above Arbitrum. OP Mainnet increased from 12,740 to 15,844 over the same dates. Those same-provider comparisons establish simultaneous increases, not a shared cause.

Growthepie's metric documentation describes active addresses as an address-level activity proxy, not exact unique users. The daily totals alone cannot distinguish broad participation from activity spread across multiple wallets.

#ARB | #Arbitrum | $ARB

🔵 Cardano Price Prediction: ADA Risks Falling to $0.19 After Resistance Rejection

Widely followed crypto analyst Tony has predicted that Cardano could decline toward $0.19 after failing to break above a key resistance level.

In his latest update, Tony warned that Cardano could be gearing up for a move toward $0.19 following $ADA’s rejection above the $0.23 resistance zone. His chart suggests that the token has struggled to sustain its recovery, raising the possibility of another decline.

At the time of the projection, ADA had fallen below $0.22 as the broader cryptocurrency market faced renewed selling pressure.

🔸 ADA Chart Highlights Potential Retest of $0.19 Support

The accompanying daily ADA/USDT chart on Bybit shows that Cardano rallied from around $0.14 in late June to $0.28 in early October. However, the recovery lost momentum after ADA encountered resistance near the $0.28 region.

The token subsequently reversed lower, breaking below $0.23 and extending its decline toward $0.2174 in the hours leading up to press time. Consequently, the $0.23 zone has become a key resistance level that ADA must reclaim to strengthen its recovery prospects.

Against this backdrop, Tony’s projection points to a potential decline toward horizontal support around $0.19 before another recovery attempt. The white arrows on his chart illustrate a possible move below this support area, followed by a rebound toward $0.22.

Nevertheless, the chart outlines a potential scenario rather than a confirmed price movement. If selling pressure pushes ADA decisively below $0.19, the token could face further downside. Conversely, a rebound would depend on renewed buying pressure and the market’s ability to sustain a recovery.

#ADA | #Cardano | $ADA

🔥 US-Iran War Deal Expected This Week, Can Bitcoin Price Reclaim $90K?

A US-Iran war deal could be announced this week as mediators seek an agreement between Washington and Tehran, according to Al-Araby Al-Jadeed. The breakthrough comes as Bitcoin trades near $82,500, with investors watching whether easing tensions could support a recovery toward $90,000.

#BTC | #Bitcoin | $BTC