The day at a glance · 4 min read
Mood · Risk-On
+72
Sentiment, −100 to +100
Bitcoin Price
$87,800
Short Liquidations
$120M
Bitcoin ETF Inflow
$103M
Key driverBitcoin pushed to new October highs near $87,800 with over $120M in short liquidations while spot ETFs returned to positive flows
Daily briefCrypto & Web3· Money365.Market AI ·

Bitcoin Tops $87K as ETFs Return to Inflows

BTC breaks resistance with $120M in short liquidations; spot ETFs record $103M inflow; SEC tokenized stock framework draws industry scrutiny

Bitcoin & Ethereum

Bullish

BTC Dominance

60%
BTCETH
Bitcoin buyers broke through resistance to reach new October highs near $87,800, with over $120M in short liquidations driving the move higher. The area immediately above now represents a new resistance hurdle as the cryptocurrency topped $86,000 ahead of the U.S. jobs report.
Crypto traders entered risk-on mode as bitcoin dominance approached a return to 60%, signaling growing preference for the largest cryptocurrency over alternative tokens. Rising perpetual funding rates accompanied the move above $86,500, indicating increased bullish leverage in the market.
Spot Bitcoin ETFs kicked off October with $103M in net inflows, reversing prior outflow trends.
Ether funds recorded a third consecutive day of net outflows, extending the divergence between the two largest cryptocurrency investment products.

Crypto Stocks

Neutral

Tokenized Stock Volume Cap

0.25%
MSTRHOOD
Strategy Inc ($MSTR) maintained its edge over treasury rivals according to Saifedean Ammous, author of The Bitcoin Standard, who noted the company's scale and cash reserves give it advantages as bitcoin treasuries proliferate. The assessment comes as more corporations consider adopting bitcoin treasury strategies.
Robinhood Markets ($HOOD) announced 24/7 stock trading, threatening one of bitcoin's distinctive advantages of round-the-clock market availability. The firm also raised concerns about the SEC's new Innovation Exemption for tokenized stocks, with crypto chief Johann Kerbrat stating that existing stock token business outside the U.S. could already bump against the agency's volume thresholds of 0.25% of average daily volume.

Regulation & Policy

Neutral

S. Korea Exchange Profit Decline

78%-78%

SEC Volume Cap

0.25%
The SEC introduced an Innovation Exemption giving certain platforms a five-year window to experiment with trading U.S. stocks using blockchain technology, with strict guardrails limiting platforms to initially offering up to 75 of the largest U.S. stocks and capping trading at 0.25% of each stock's average daily volume. SEC chair Paul Atkins described the exemption as a bridge toward more permanent rules rather than the final destination.
South Korea's financial regulator proposed detailed rules for tokenized securities ahead of a 2027 rollout, including capital requirements, OTC trading licenses and retail investment limits. The move comes as South Korean crypto exchange operating profits fell 78% in the first half of 2026 amid declining trading volumes, market capitalization and customer deposits.

DeFi & Protocol Developments

Neutral

Aave Adapter Exploit

$305K
AAVE
Aave founder Stani Kulechov confirmed Aave v3 was unaffected after an attacker exploited a third-party adapter to drain approximately $305,000 from two Safe multisig wallets. The incident highlighted vulnerabilities in third-party integrations rather than core protocol security.
Tether's USDT stablecoin is returning to the Bitcoin blockchain this month, more than a decade after its initial debut on the network. The move represents a homecoming for the largest stablecoin by market capitalization.
Core Lightning warned that attackers are targeting unpatched Bitcoin nodes, urging operators running version 26.06.7 or earlier to upgrade immediately. The security alert comes as network infrastructure security remains a critical concern.

Institutional & Corporate Updates

Neutral

Zano Unauthorized Tokens

36.9M
Arthur Hayes stated at CONNECT Seoul that money printing could lift crypto prices, while conference speakers examined Wall Street's competitive edge onchain. The remarks came as traditional finance institutions continue exploring blockchain integration.
Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection fell sharply from early levels. The luxury automaker's exit comes less than four years after launching what it had called a long-haul Web3 initiative.
The Zano blockchain conducted a rollback after an exploiter created 36.9M unauthorized ZANO tokens that were indistinguishable from legitimate coins, leaving the team unable to remove them without reversing the chain.

Looking Ahead

Neutral
HOOD
Market participants are focused on the U.S. jobs report as Bitcoin tests resistance above $86,000, with perpetual funding rates signaling sustained bullish leverage in derivatives markets. The cryptocurrency's dominance approaching 60% suggests continued capital rotation toward bitcoin from alternative digital assets.
The SEC's tokenized stock framework faces implementation challenges as firms like Robinhood ($HOOD) indicate current volume caps may prove restrictive, setting the stage for potential regulatory adjustments before broader rollout. South Korea's 2027 tokenized securities launch will provide another test case for blockchain-based traditional asset trading.
Tether's planned return to the Bitcoin blockchain later this month represents a significant stablecoin infrastructure development, while ongoing security concerns around unpatched nodes underscore the importance of network maintenance as institutional adoption accelerates.

Important Disclaimer — Not Investment Advice

Disclaimer: This article is provided by Money365.Market for general information and educational purposes only. It is not financial advice, a personal recommendation, or an inducement to buy, sell, or invest in any security or product. Capital is at risk and the value of investments can go down as well as up; past performance does not indicate future results. You should seek independent advice from an FCA-authorised adviser before making any financial decision.

Cryptoassets are high risk and largely unregulated. Do not invest unless you are prepared to lose all the money you put in. Prices are extremely volatile, and you should not expect protection from the UK Financial Services Compensation Scheme or the Financial Ombudsman Service if something goes wrong.

Read the full disclaimer — 8 further points, including total-loss risk, our regulatory status and conflicts of interest

Nothing here is an offer or a solicitation to buy or sell anything, and reading it creates no advisory or fiduciary relationship between you and Money365.Market. Any decision you take is your own.

  • You can lose money — including all of it. Individual companies can and do fail, and some of the assets discussed can fall to zero. Only commit money you can afford to lose, and never borrow to invest on the strength of anything you read here.
  • Forecasts are opinion, not fact. Any valuation model, scenario, fair-value range, estimate or other forward-looking statement is illustrative, rests on assumptions that may prove wrong, and is never a price target, a forecast of actual outcomes, or a promise of any return.
  • Published at a point in time. Figures were believed accurate on the publication or last-updated date shown above and are not maintained afterwards; we are under no obligation to update them. Market and company data comes from third-party sources and is provided without warranty of accuracy, completeness or timeliness.
  • Automated content. This brief was compiled by an automated pipeline from validated news and market-data sources and passed through editorial and compliance checks. Automated content can still contain errors — verify anything you intend to rely on.
  • We are not regulated. Money365.Market is not authorised or regulated by the UK Financial Conduct Authority, is not registered with the U.S. Securities and Exchange Commission or FINRA as an investment adviser or broker-dealer, and is not a tax adviser. We hold no licence to give personal financial advice and do not do so.
  • Interests and independence. Money365.Market is not affiliated with, endorsed by or sponsored by any company, fund, exchange or platform mentioned, and is not paid to feature them. The author may hold positions in securities or assets discussed. The site earns revenue from advertising, subscriptions and, where labelled, affiliate links; this does not influence what we publish.
  • Your jurisdiction matters. Tax treatment, contribution limits, product availability and investor protections differ by country and can change. Speak to a qualified tax professional for tax matters, and to a locally licensed adviser if you are outside the UK.

Full terms: Disclaimer · Terms of Service · Privacy Policy