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⚑️ JUST IN: Strategy purchased another 267 BTC and now holds 848,517 BTC.

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⚑️ JUST IN: Super League shareholders approve Metaplanet’s plan to invest 2,100 BTC and establish a US Bitcoin treasury platform.

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⚑️ JUST IN: Strive purchased another 1,223 $BTC at an average price of $81,734 last week, raising holdings to 36,818 BTC.

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⚑️ JUST IN: PaperTrade will keep $PAPER non-transferable for now, citing perp attack risks.

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🚩 Echo Protocol Shuts Down

Echo Protocol (ECHO), a platform for using BTC in DeFi, announced its closure after failing to recover from an $80 million hack. New deposits and loans are no longer accepted, and interest accrual has stopped.

Borrowers must repay debts by mid-November, or their collateral will be liquidated to repay lenders. Users can still repay debts, withdraw assets and exit positions. The Aptos-to-BΒ² bridge will remain open for aBTC withdrawals.

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⚑️ JUST IN: In its 2027 outlook, JPMorgan Asset Management projects Bitcoin will outperform stocks, bonds and gold over the next decade at 10% annualized returns.

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In India, the USDT buying premium reached 6.4%, with buyers paying nearly 101 rupees per token instead of the usual 95 rupees per dollar.

The premium reflected high local demand, limited USDT supply, and exchange costs, with a 6,000-rupee overpayment on a 100,000-rupee purchase.

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⚑️ JUST IN: Bitget plans Thai crypto exchange acquisition weeks after $388M hack.

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⚑️ JUST IN: French lawmakers approve a proposal to tax crypto-to-stablecoin conversions at 31.4% starting in 2027.

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πŸ˜› SkyAI Exits SOL

SkyAI, formerly Sharps Technology, sold all its SOL after ranking among the top five public holders in September, with over 2 million SOL. As of October 16, it held $223.8 million in cash.

It plans to buy back up to 95% of shares and warrants at $3 each, spending about $201 million. If fully accepted, about $22.5 million would remain. The SOL price condition above $100 was removed.

SkyAI still wants to build a Solana stablecoin and AI financial platform, but gave no timeline or details.

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⚑️ JUST IN: Arkham will stop providing full transaction histories and filtering to non-enterprise users.

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πŸ˜† Tesla Roadster Deposit Terms

Tesla is accepting deposits of up to $250,000 for its new Roadster, recently shown performing aerial stunts. The company does not guarantee delivery timing, or even that the car will be delivered.

The agreement says the money only secures an approximate place in the order queue. The final price is unknown, but the deposit is fully refundable if canceled before configuration. A quarter-million for β€œwe’ll let you know.” πŸ˜‚

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⚑️ JUST IN: YouTube bans Bitcoin media channel Simply Bitcoin.

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⚑️ JUST IN: Fidelity Digital Assets says Bitcoin is a compelling investment amid currency debasement and inflation.

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One casino was not enough.

PumpFun launched trading in PreStocks, tokens tied to shares of major private companies not yet listed on an exchange. Speculation now extends to assets unavailable on regular stock markets.

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⚑️ JUST IN: Solana's Alpenglow upgrade launches today, aiming to cut transaction finality from 12.8 seconds to 150 milliseconds.

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⚑️ JUST IN: US banking regulator finalizes first rules under Trump’s GENIUS Act for stablecoins and crypto rewards ahead of January 2027 implementation.

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