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Claims that Bitcoin creator Satoshi Nakamoto holds around 1.1 million BTC are estimates based on patterns found in early mining activity rather than direct proof of ownership, according to Cointelegraph. Researcher Sergio Demian Lerner identified a distinctive pattern in early Bitcoin blocks in 2013 and named it the "Patoshi" pattern. The miner tied to that pattern is estimated to have mined about 1.1 million BTC, and some BTC said to have been received from Satoshi by early users are linked to the same pattern, which has fueled speculation that Patoshi may be Satoshi. Still, no direct evidence proves that connection. Blockchain analytics firm Bitquery reanalyzed 54,316 early blocks and found that, depending on the analytical criteria used, Patoshi's estimated mined holdings ranged from under 900,000 BTC to about 1.17 million BTC. That suggests the widely cited 1.1 million BTC figure is also an estimate rather than a confirmed holding. The outlet added that although 600 BTC dormant for 16 years recently moved, prompting speculation that the funds were tied to Satoshi, no clear link to Patoshi-mined coins has been confirmed. It said on-chain data alone makes it difficult to verify whether the early large-scale miner was actually Satoshi or whether the same person still controls the private keys.

The three major U.S. stock indices opened mixed today. - S&P 500: +0.09% - Nasdaq: -0.09% - Dow Jones: +0.65%

Avalanche said it is bringing institutional investment strategies on-chain through asset tokenization platform Midas, supporting offerings from Wellington Management and Fasanara Capital. The move gives users on-chain access to bond and alternative credit strategies that had previously been available through institutional investment infrastructure.

BVNK, a stablecoin payment infrastructure company acquired by Mastercard, has added Stellar (XLM) to its supported network, Crypto Briefing reported. BVNK currently provides infrastructure for moving funds between fiat currencies and blockchains, as well as for cross-border payments and corporate treasury management. Separately, BVNK is also working with Marqeta to launch a Mastercard card program using stablecoins for fintech companies in about 40 countries.

China’s central bank said in an educational notice that cryptocurrencies do not have the legal status of fiat currency and cannot, should not, be circulated or used as money in the market. The People’s Bank of China also said any virtual currency-related business activity conducted within China’s borders constitutes illegal financial activity, is strictly prohibited without exception, and will be firmly cracked down on and dismantled under the law. It added that overseas institutions and individuals cannot illegally provide virtual currency-related services in any form to entities in mainland China, and that without legal approval from relevant authorities, mainland Chinese entities and offshore entities under their control cannot issue virtual currencies overseas. The PBOC further said that without legal approval from relevant authorities, no institution or individual outside mainland China may issue yuan-pegged stablecoins overseas. It also urged the public to be wary of crypto investment products and trading platforms, avoid participating in cryptocurrency issuance, investment, mining and similar activities, and refrain from joining crypto promotional group chats or communities or downloading related apps.

BCH has risen by 3.83% in the past five minutes on the COINNESS market. Currently, BCH is trading at $319.87.

BCH has risen by 3.51% in the past five minutes on the COINNESS market. Currently, BCH is trading at $309.5.

Fundstrat Head of Digital Asset Strategy Sean Farrell said in a Yahoo Finance interview that Bitcoin’s latest breakout was a credible move and that he believes the crypto winter has ended, while adding that this does not mean prices will keep rising without a correction. Farrell had previously said in an internal document last year that BTC could fall to $60,000 in the first half of this year, ETH to $1,800-$2,000, and SOL to $50-$75.

According to CoinNess market monitoring, BTC has risen above $86,000. BTC is trading at $86,004.4 on the Binance USDT market.

UNI has risen by 4.76% in the past five minutes on the COINNESS market. Currently, UNI is trading at $9.63.

BCH has risen by 7.66% in the past five minutes on the COINNESS market. Currently, BCH is trading at $297.05.

The average investor in U.S. spot BTC ETFs has moved back into profit for the first time since January as Bitcoin rose above an estimated average cost basis of $81,722, according to Unfolded. With BTC recently trading above that level, the average investor’s unrealized profit and loss has also turned positive.

More than half of the Bitcoin and Ethereum perpetual futures volume on Kalshi, a derivatives exchange regulated by the U.S. CFTC, appears to have come from repetitive trades by an automated algorithm targeting fixed dollar amounts, CoinDesk reported. CoinDesk said identical $5,499 Ethereum futures trades recently accounted for 57% of volume, or $7.7 million. In Bitcoin futures, paired trades worth $2,500 and $5,000 in a one-to-two ratio made up 54% of total volume. CoinDesk said the pattern matches a typical high-frequency trading algorithm that automatically adjusts contract counts based on price moves to fill fixed dollar-value clips. The ratio of Ethereum futures volume to open interest reached 61 times, pointing to severe overheating.

BCH has risen by 3.60% in the past five minutes on the COINNESS market. Currently, BCH is trading at $284.62.

CME Group, the world’s largest derivatives exchange, plans to launch Bitcoin Cash (BCH) and Uniswap (UNI) futures on Oct. 19. The new listings are expected to provide institutional investors with a regulated hedging tool, supporting broader integration of the altcoins into mainstream finance and improving confidence in the digital asset market. Analysts said the short-term price impact may be limited amid competition from spot ETFs and other assets, but added the contracts could improve market liquidity by boosting trading volumes and open interest.

Kalshi, the largest regulated prediction market platform in the United States, has formally asked the U.S. CFTC to allow margin trading and loan-funded trades on its platform, CNBC reported. If approved, Kalshi users would be able to use borrowed funds to take leveraged positions, a move expected to significantly expand liquidity and trading volumes in the prediction market. Kalshi has rapidly broadened its reach after winning a court battle with the U.S. CFTC over derivatives tied to the U.S. presidential election.

BCH has risen by 3.63% in the past five minutes on the COINNESS market. Currently, BCH is trading at $279.64.

UNI has risen by 3.60% in the past five minutes on the COINNESS market. Currently, UNI is trading at $9.08.

Reap, a fintech company under Kraken parent Payward, plans to expand the use of non-dollar stablecoins such as the Mexican peso, South Korean won and Japanese yen to build a 24-hour foreign exchange settlement network. Reap, a global payments partner of Visa, aims to move beyond the stablecoin market's current 99% dollar dominance and offer cross-border remittance and treasury settlement services using local-currency tokens outside bank operating hours. The company’s plan is to sharply reduce cross-border remittance fees, which can reach as high as 7%, as well as settlement delays. Reap holds VPIM licenses in Hong Kong and Mexico, making a peso-denominated token the first practical addition. Reap did not specify a launch schedule or preliminary issuers, but added it is also considering Hong Kong dollar, euro, won and yen stablecoins to support round-the-clock on-chain FX trading.

SoFi Bank has begun using its in-house stablecoin, SoFiUSD, to settle Mastercard debit and credit card transactions, The Block reported. SoFiUSD is redeemable one-to-one for the U.S. dollar, with reserve assets made up mostly of cash, and currently supports the Ethereum and Solana networks.

A $3.2 million BTC butterfly spread designed to profit if Bitcoin reaches around $95,000 by Oct. 30 was traded today, according to Crypto Briefing. The butterfly spread is typically used when traders have no strong directional view and expect volatility to decline. The position delivers maximum profit at $95,000, while losses are capped at the $3.2 million premium paid if the price moves significantly away from that target. Crypto Briefing said BTC $95,000 call options expiring on Oct. 30 traded more than 22,000 contracts over the past 24 hours, with notional volume of about $1.9 billion. Call option volume and open interest also increased in the $85,000-$100,000 range.

South Korean exchange Bithumb announced it will temporarily suspend ATOM deposits and withdrawals at 12:10 p.m. UTC today due to an issue on the Cosmos (ATOM) network.

South Korean exchange Upbit announced a temporary suspension of ATOM deposits and withdrawals due to a network issue on Cosmos.

A new whale address withdrew 14,373 ZEC from Binance in three transactions today at an average price of $1,510, BlockBeats reported. The withdrawals were worth about $21.7 million. Six linked addresses, including the new wallet, now hold a combined 28,286 ZEC worth $42.56 million. Exchange outflows are typically interpreted as a sign of holding intent.

Binance has bought a $100 million stake in USDC issuer Circle through a private placement and entered into a five-year partnership, according to a U.S. SEC filing. Circle issued 1.24 million shares of Class A common stock to Binance at $80.84 per share. Binance cannot sell the shares for up to two years, but it will retain voting rights and receive monthly incentive fees from Circle based on the amount of USDC held in Binance wallets.