Bitcoin News page 2

Bitcoin trades nervously above $80,000 as traders watch whether the weekly candle closes with strength. Bitcoin was trading near $81,500 on Sunday, keeping the asset above the psychologically important $80,000 threshold heading into the weekly close.

Michael Saylor signals additional Bitcoin acquisitions could follow the company's newest buy Strategy, the business intelligence firm that has reshaped itself around a Bitcoin accumulation strategy, has added to its reserves once again. The company now holds 848,250 BTC after a $21.5 million purchase, according to reports from CoinTurk News, U.Today, and crypto.news.

The blockchain project paused operations following a drain that stripped funds from more than a thousand wallets. Qubic, a blockchain network known for its proof-of-useful-work design, has suspended mainnet activity after a wallet drain cost users an estimated $1.3 million.

A public dispute has emerged between Ledger's chief executive and the former head of collapsed exchange Mt. Gox over a $90 million wallet theft case. A public disagreement has broken out between Ledger's chief executive and the former head of Mt. Gox over a wallet theft scandal involving approximately $90 million.

Both US spot crypto ETF categories bled cash last week, but Ethereum funds reportedly saw steeper losses than Bitcoin funds. US-listed spot Bitcoin and Ethereum exchange-traded funds both registered net outflows last week.

Blockchain analysts flag transfers linked to Ledger and Bitget incidents moving into Zcash's privacy-focused network Blockchain investigators have traced a batch of stolen cryptocurrency into Zcash, according to onchain data reviewed by crypto.news and AMBCrypto. The funds are reportedly linked to prior security incidents involving hardware wallet maker Ledger and exchange Bitget.

A 60-day review of sanctions relief on Russian oil arrives alongside heightened crypto focus on upcoming Federal Reserve decisions. President Donald Trump has waived new tariffs targeting Russian oil as a deadline set for October 18 came into effect, according to CryptoSlate.

Of five stories that broke while US desks were dark, only two cleared three independent publishers, and the rest of the night is still running on two-source confidence. Of five stories that broke while US desks were dark, only two cleared three independent publishers, and the rest of the night is still running on two-source…

The bitcoin treasury firm's new share offering comes as its holdings climb to 35,595 BTC and analysts lift price targets. Strive has priced its SATS preferred stock initial public offering at $90 per share, according to CoinGape. The company is targeting approximately $630 million in gross proceeds from the sale.

Officials say police seized $7.15 million in assets and six cold wallets during the operation. Turkey's Justice Minister has publicly confirmed that Richard Heart, the founder of the HEX cryptocurrency, was arrested in Istanbul. The confirmation came after reports of the arrest first circulated among crypto news outlets.

The group aims to set shared post-quantum security standards as an estimated 6 million bitcoin remain vulnerable to future quantum attacks. A group of nine crypto firms has launched the Quantum Alliance, a coalition focused on building shared standards for post-quantum security. The announcement was reported Friday by Decrypt and CryptoBriefing.

Two legacy financial giants are expanding digital asset efforts as traditional finance warms further to Bitcoin. Deutsche Bank and Charles Schwab are stepping up their cryptocurrency efforts, according to a report from AMBCrypto. The outlet links the renewed push to Bitcoin's growing acceptance among traditional finance firms, often shorthanded as TradFi.

The asset manager's analysis finds Solana holding up structurally but points to stake, hosting, and client concentration as ongoing concerns. Fidelity has issued a report evaluating the health of the Solana network, according to Cointelegraph and CryptoBriefing. The asset manager concluded that Solana has demonstrated resilience across key operational measures.

US-listed Ether exchange-traded funds posted heavier weekly withdrawals than their Bitcoin counterparts, even as BlackRock led a separate Friday pullback from Bitcoin products. Spot Ether exchange-traded funds listed in the United States saw net outflows of about $320 million over the past week, according to CryptoBriefing.

The memecoin launchpad has partnered with Hyperliquid to let traders open leveraged positions, including on Bitcoin. Pump.fun, the platform best known for launching memecoins on Solana, has added perpetual futures to its offering. The feature went live through an integration with Hyperliquid, a decentralized exchange built specifically for derivatives trading.

The Ethereum co-founder outlined how electricity drives Bitcoin mining costs while capital spending dominates AI infrastructure. Vitalik Buterin, co-founder of Ethereum, has drawn attention to a fundamental economic difference between Bitcoin mining and AI computing. CoinGape and crypto.news both reported on his comments on October 17, 2026.

A brief rebound in Bitcoin ETF demand reversed within 24 hours as broader crypto funds shed over $600 million. Bitcoin exchange-traded funds listed in the United States recorded $5.06 million in net inflows on October 16, according to data reported by Coinfomania.

Researchers say the AI model helped explain the origin of numbers the NSA used in a decades-old cryptographic standard. Anthropic's Claude AI model has reportedly played a central role in resolving a decades-old puzzle involving the National Security Agency's cryptographic work.