Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is the largest BTC holder in the world at the time of this writing, and the wallets controlled by Satoshi took an unrealized loss of over $20 billion since the all-time high price of over $126,000 reached in early October. Nakamoto’s Bitcoin stash contains over 1 million BTC, valued at over $117.5 billion at the time of this writing, according to data from Arkham Intelligence. The portfolio swelled to over $136 billion during Bitcoin’s rally to new all-time highs of over $126,000…
Day: October 18, 2025
Hyperliquid Crushes Competition with 46% of All Token Buybacks in 2025
Hyperliquid spent $644 million repurchasing HYPE, which accounted for 46% of all 2025 buybacks. Hyperliquid is leading the token buyback in 2025, according to CoinGecko. The platform has allocated over $644.64 million in revenue to repurchase its HYPE tokens through its Assistance Fund, which represents 46% of all token buyback spending this year. In fact, Hyperliquid’s buyback efforts are equivalent to the combined spending of the next nine largest buybacks. HYPE Buybacks Overshadow Market To date, at least 21.36 million HYPE tokens have been repurchased. This figure accounted for…
Tornado Cash Dev Roman Storm Warns Community About Retroactive Prosecution
Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) platforms. Storm asked DeFi developers: “How can you be so sure you won’t be charged by the DOJ as a money service business for building a non-custodial protocol?” The DOJ could prosecute a case, arguing that any decentralized, non-custodial service should have been developed as a custodial service, as it did in the case against…
Crypto Market Blossomed in 2025, But Search Trends Show Adoption Still Early
Despite a $4 trillion crypto market capitalization, Google searches for “buy Bitcoin” remain near multi-year lows. Even though the global crypto market recently hit a valuation of more than $4 trillion, online searches for “buy Bitcoin” are still near multi-year lows. Analysts now suggest that the contrast could mean that while markets are expanding rapidly, mainstream participation may still be in its infancy. Social Media Debates Whether the Bull Market Has Truly Begun Debate erupted on X after the official account of the crypto polling platform Kalshi noted that…
Stablecoins Are Just CBDCs in Privately-Issued Wrapper: VC
Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability, and controls as CBDCs. He told Cointelegraph: “Central business digital currency is really not necessarily that different. So, if JP Morgan issued a dollar stablecoin and controlled it through the Patriot Act, or whatever else…
Reopens PEPE Long, Faces Another Brutal Liquidation
After a total liquidation, James Wynn reopened a 10x PEPE long, only to face another wipeout just hours later. Pseudonymous high-leverage crypto trader James Wynn has gained widespread notoriety for his volatile fortune, repeatedly making and losing hundreds of millions through leveraged bets on crypto perpetual futures markets. Market chaos appears to have struck him again as Wynn’s fresh PEPE bet collapses within hours, extending a brutal streak of crypto liquidations. Risky PEPE Bet Ends in More Liquidations In its latest tweet, on-chain analytics platform Lookonchain reported that Wynn…
First Bearish Signs Appear as BTC Falls by $20K From ATH
Bitcoin has continued its corrective move this week, dropping from all-time highs and testing key trendline and support levels. While the broader macro structure remains bullish, the short-term outlook suggests consolidation or even deeper downside if buyer momentum fails to step in soon. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC has broken below the 100-day moving average, located around $115K, but is currently sitting right on the lower trendline of the large ascending channel and the critical 200-day moving average. This area also aligns with…
Is $91K Next for Bitcoin’s Price If it Fails to Reclaim This Crucial Resistance?
BTC has settled around $107,000 as of now after the recent wild swings. A lot can change in the cryptocurrency markets in the span of ten days or so, which has been evident since October 10. At the time, BTC traded confidently above $120,000, coming on the heels of yet another all-time high at $126,000. The overall sentiment was evidently bullish since Uptober had just started, and massive price predictions were going left and right. Then all hell broke loose on October 10 when BTC plunged by up to…
Can Bitcoin Recover as Gold Price Pulls Back From Record Highs?
Key takeaways: Gold’s ongoing pullback could trigger Bitcoin’s rebound, according to multiple analysts. Rallying to $150,000–$165,000 by year’s end is still possible, based on technical analysis. Bitcoin (BTC) is showing signs of bottoming out as the rally by its analog rival, gold (XAU), is starting to look increasingly overextended. Bitcoin hints at “generational bottom” as gold dips Gold’s rally appears to have stalled after hitting an all-time high of around $4,380 per ounce on Friday, given it has dropped 2.90% ever since. Still, the precious metal was up by over…
Find Out What Happened This Week in Crypto and Web3
After surging to a record high above $126,000, Bitcoin and the broader crypto market have been shaken by unprecedented volatility — literally. On Friday, crypto markets saw their largest-ever liquidation event, totaling roughly $19 billion. The wipeout surpassed even the worst days of the FTX collapse in 2022, underscoring both how much the market has grown since then and how fragile it remains. The sell-off began in classic crypto fashion. Reports suggest US President Donald Trump may have misinterpreted China’s export controls, sparking a sweeping tariff threat that sent risk assets…