Bitcoin Heads Higher on Macro Moves: Where Does BTC Go Next?

Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower

Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data

Bitcoin nears highest level since January as $85,000 sell wall clears, US jobs data disappoints

'Uptober' Off With a Bang as Bitcoin Surges to $86K

Bitcoin treasuries may struggle to match Strategy, says Ammous

The article quotes Saifedean Ammous, author of “The Bitcoin Standard,” who asserts that MicroStrategy, referred to as "Strategy," possesses a significant competitive advantage in the realm of Bitcoin treasuries. Ammous argues that the company's substantial scale and considerable cash reserves equip it with a unique edge over other entities or "treasury rivals" attempting to build or manage their own Bitcoin holdings. This suggests that while more corporations might consider integrating Bitcoin into their treasury strategy, MicroStrategy's existing financial depth and operational size create a high barrier to entry for competitors looking to match its position in the corporate Bitcoin adoption space.

BOOK on BOOKS: "Bitcoin: Separation of Money and State," by Josef Tětek

Bitcoin reaches for $87K as short liquidations top $120M

Bitcoin experienced a significant price surge, with buyers successfully breaking through substantial ask liquidity to establish new October highs approaching $87,800. This upward momentum led to over $120 million in short liquidations across the market. Following this rapid ascent, the price zone immediately above the $87,800 mark is now observed as a critical new resistance hurdle for Bitcoin's price action.

Foreign aid disbursements are correlated with onchain bitcoin activity

New 'Bitcoin Ecology' series from Dhruv Bansal: Bitcoin Is All You Need

It's the Start of Uptober. Will Bitcoin Live Up to It?

Book Review: Broken Money and the Way Out, PART 1: MONEY (the Invity Team)

Bitcoin kicks off new quarter in the old $82,000-$85,000 price range

Bitcoin trapped below $86K as PCE changes cloud inflation reading

Bitcoin ETFs draw $6.3B in Q3 as BTC price rises nearly 43%

Bitcoin demonstrated a robust performance in the third quarter, achieving a 42.71% price increase. This marks its most successful third-quarter showing since 2017. A significant factor contributing to this growth was the strong institutional demand, as US spot Bitcoin Exchange-Traded Funds (ETFs) collectively attracted $6.34 billion in net inflows during the quarter.

Why SoV -> MoE -> UoA for bitcoin

A stronger dollar is a weaker threat to bitcoin than traders think

Bank Runs are Good, Actually: Death to the Central Banks (FT, Toby Nangle)

Collector’s Guide: The Bitcoin Standard

Bitcoin ETF inflows leave institutional demand unclear: CoinShares

CoinShares research indicates that while the iShares Bitcoin ETF (IBIT) provides insights into institutional engagement with Bitcoin, the significant inflows into these spot Bitcoin ETFs do not necessarily equate to direct institutional bets on an appreciating Bitcoin price. The article points out that these inflows could be substantially driven by "basis trades," where institutions leverage arbitrage opportunities between the spot ETF price and Bitcoin futures contracts. This suggests that a portion of the institutional capital flowing into Bitcoin ETFs is part of sophisticated hedging or arbitrage strategies rather than straightforward directional long positions on Bitcoin. Consequently, interpreting ETF inflow data as a direct measure of institutional conviction in Bitcoin's future price growth needs careful consideration, as it can be influenced by market structure and trading strategies.

Bitcoin bounces to $84K after US 30-year bond yield sets 24-year high

Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666

A significant entity, referred to as "Strategy" (likely MicroStrategy), has announced a substantial acquisition of 1,665 Bitcoin, valued at $143 million. This latest purchase has pushed the entity's total Bitcoin holdings to an impressive 847,666 BTC. The funds for these Bitcoin purchases, as well as for repurchasing STRC preferred stock, were generated through the sale of 1.47 million MSTR shares, which raised $246.2 million. This move underscores the ongoing commitment to accumulating Bitcoin as a primary treasury reserve asset.

BTC price eyes best Q3 in nine years: Three things to know in Bitcoin this week

Sat & Nah (Satoshi Nakamoto): The Economic Engine of Hyperbitcoinization