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PropMarketCapFRESHCrypto market

Bitcoin at $80,000: Strategy's margin of safety has shrunk to 6%

BTC has lost almost 2% and is holding around $80,150, briefly dipping below $80,000. For Strategy (Michael Saylor's company, the largest corporate holder of Bitcoin), this means its coins are worth only 6% more than it paid for them.

PropMarketCapFRESHCurrencies, commodities and indices

Microsoft earned $10 billion from OpenAI in a single quarter

In its 10-Q filing (a mandatory quarterly document for the US market regulator, the SEC), Microsoft disclosed for the first time how much its deal with OpenAI brings in: $10 billion for July-September. That is about 11% of the corporation's total revenue.

PropMarketCapFRESHCurrencies, commodities and indices

Alphabet shares on Nasdaq -10% after earnings: AI expenses ate cash flow

Alphabet (Google's parent company) reported for Q3 on the evening of October 28 at 23:00 Moscow time and lost 10% in the evening session. It wasn't revenue that let it down, but profit and cash: free cash flow went negative for the second quarter in a row.

PropMarketCapFRESHCurrencies, commodities and indices

Oracle gains 10% after confirming its fiscal 2027 guidance

On the evening of October 28, Oracle (an American corporation, one of the largest providers of cloud infrastructure and enterprise software) confirmed its financial targets for fiscal 2027. ORCL shares responded with a gain of about 10%.

PropMarketCapFRESHInstitutional players and funds

Hedge funds and banks withdrew 68,000 BTC from spot Bitcoin ETFs: arbitrage stopped paying

Galaxy Research analyzed the filings of major managers: nine hedge funds and banks cut their positions in U.S. spot Bitcoin ETFs by 68,000 BTC - about $5.4 billion. The reason is not a bet against the market, but that the arbitrage scheme has almost stopped generating income.

PropMarketCapFRESHInstitutional players and funds

Strive bought 6,182 BTC for $511 million - holdings rose to 43,000 BTC

Vivek Ramaswamy's American Strive increased its Bitcoin holdings by 16.8% in a week - to 43,000 BTC. The deal was closed with money from a $630 million preferred stock offering.

PropMarketCapFRESHInstitutional players and funds

Spot BTC funds saw record daily outflow in several months

On October 22, spot Bitcoin exchange-traded funds showed the largest daily outflow in several months, according to data from the analytics service SoSoValue. The data was published on the morning of October 23 at 07:42 Moscow time.

PropMarketCapFRESHCurrencies, commodities and indices

Cyberattack on GMO: 26,739 servers at risk, OANDA Japan pauses withdrawals

GMO Internet's cloud hosting, where traders keep MetaTrader terminals and trading robots, was hacked. Broker OANDA Securities Japan postponed client payouts on October 22 to check applications for fraudulent transfers.

PropMarketCapFRESHRegulation

First rules under the US crypto law: stablecoins under supervision from January 18, 2027

The OCC (Office of the Comptroller of the Currency, a division of the Treasury that oversees national banks) has issued a final rule under the GENIUS Act. It is the first of several federal regulators to bring its rules to completion.

PropMarketCapFRESHExchanges and infrastructure

MSCI approved rules under which Strategy could be dropped from the indices

Index provider MSCI has adopted a new methodology for selecting companies: businesses that are essentially a cryptocurrency vault rather than an operating company will undergo a separate review. Strategy (MSTR) is under threat - the largest public holder of Bitcoin in the world.

PropMarketCapFRESHInstitutional players and funds

Strategy bought only 250 BTC: purchase volume fell 84% in two weeks

Strategy added 250 BTC for $21.5 million in a week, whereas two weeks ago it acquired 1,665 BTC. At the same time, the company allocated $192 million to buy back STRC preferred shares, almost nine times more than for Bitcoin.

PropMarketCapFRESHRegulation

The US did not tighten cryptocurrency regulation: reporting on withdrawals from $10,000 has been withdrawn

FinCEN has withdrawn from consideration two major draft rules for cryptocurrencies: reporting on transfers to personal wallets from $10,000 and a separate control regime for crypto mixers. Both proposals had been under consideration for years but never came into force.

PropMarketCapFRESHCurrencies, commodities and indices

Tesla reported deliveries: 486,532 vehicles for the quarter versus expectations of 456,896

Tesla delivered 486,532 vehicles in the third quarter versus expected 456,896. The result came in about 6.5% above the forecast, but at the same time 2% lower than a year earlier.