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In brief Strive bought 2,000 Bitcoin between Sept. 28 and Oct. 2 at an average of about $84,422 per coin, its largest purchase since 2,500 BTC bought May 23–June 1. Holdings reached 29,462 BTC as of Oct. 2, up 48% since July 2, with $284.7 million in cash and no debt. Strive’s average cost was $90,170 per Bitcoin at the end of September, above the roughly $86,000 where BTC traded Monday. Strive bought 2,000 Bitcoin last week—its biggest haul in four months.The publicly traded company paid an average of about $84,422 per coin between Sept. 28 and Oct. 2, according…

In brief A 4chan post dated December 12, 2023, predicted Bitcoin would top on October 6, 2025, and BTC hit an all-time high on that exact date. The same 364-day pattern puts the cycle bottom on October 5, 2026, but Bitcoin trades near $86,000, about 32% below its peak. Bitcoin already fell to roughly $57,000 around mid-year, and analyst Benjamin Cowen flags a possible fourth-quarter floor near $44,000. On December 12, 2023, 4chan user SBC7H7La posted a screenshot with a pretty interesting pattern and a bold prediction Bitcoin’s next market top would land on October 6, 2025.Bitcoin did exactly that,…

In brief The SEC approved Cboe’s request on October 2 to list six 3x funds from Volatility Shares tracking Bitcoin, Ethereum, gold, silver, crude oil and natural gas. Each fund targets three times the daily performance of futures contracts on its asset, and the order sets no launch date. The approval follows SEC warning letters on leverage above 2x in December 2025 and a March 2026 request to avoid 5x products. The SEC approved a rule change on October 2 that lets the Cboe exchange list six funds built to deliver three times the daily price moves of Bitcoin, Ethereum,…

In brief The CFTC published an advance notice outlining Regulation CTX and Regulation CAM, which would let crypto exchanges register as a new type of federally regulated “crypto asset market.” Under the agency’s preliminary reading, merely offering leverage could bring even fully paid trades under CFTC oversight unless customers take actual delivery of their crypto. The public has 60 days to comment. Exchanges that don’t offer leverage could keep operating under state licenses. The CFTC wants to give crypto exchanges a federal home, and leverage is the key that unlocks the door.The agency is moving forward with further rulemaking proposals…

In brief Bitmine bought another 15,112 ETH (~$41 million), raising its holdings to 6,016,414 ETH (about $16.4 billion), or 4.9% of supply—99% of the way to its “Alchemy of 5%” target—extending a weekly buying streak. Chairman Tom Lee said a crypto bull market is “underway,” touting ETH’s outperformance of the S&P 500 by 6,832 basis points this quarter despite macro headwinds. Total holdings, including cash and “moonshots,” hit $17.4 billion. Bitmine Immersion Technologies extended its unbroken buying streak this week, scooping up another 15,112 Ethereum, worth about $41 million, as chairman Tom Lee insisted a crypto bull market is “underway.”The…