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Project Overview
Bitcoin is a decentralized digital currency without a central bank or single administrator. It can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. Its implementation was released as open-source software in 2009 and began to be used then.
After violating Bitcoin holdings limit and receiving a waiver, IMF completes second and third reviews of El Salvador's $1.4 billion financing facility and disburses $139 million
Odaily reports: Bitcoin News posted on the X platform that the International Monetary Fund has completed the second and third reviews of El Salvador's $1.4 billion financing facility, disbursing $139 million, and granted a waiver after the country violated its Bitcoin holdings limit. The IMF now expects that, apart from documented donations, the Salvadoran government will not purchase additional Bitcoin and will enhance the transparency of its public Bitcoin holdings.
Strive added 2,000 BTC last week, bringing total holdings to 29,462 BTC
Strive CEO Matt Cole announced on X that Strive purchased 2,000 BTC last week for $169 million, at an average cost of $84,422 per coin, bringing total holdings to 29,462 BTC. 61.5% of the financing came from SATA, with warrants generating $56.7 million. The 8-K filing submitted today also disclosed key metrics and KPIs as of the third quarter of 2026.
Strive invests $169 million to purchase another 2,000 BTC, bringing total holdings to 29,462
Strive CEO Matt Cole disclosed that Strive acquired 2,000 BTC at an average price of $84,422 per coin, bringing total spending to approximately $169 million and raising the company's total Bitcoin holdings to 29,462 BTC. In this financing round, 61.5% of the funds came from SATA, while warrants generated an additional $56.7 million in proceeds.
IMF Approves $138 Million Disbursement to El Salvador, Requires Reduced State Involvement in Bitcoin Activities
Odaily reports: The International Monetary Fund (IMF) has completed the second and third reviews of El Salvador's 40-month Extended Fund Facility, approving an immediate disbursement of approximately $138 million under the $1.4 billion financing program. Despite some performance criteria not being met, the IMF granted waivers based on corrective measures and recommitments.The IMF stated that El Salvador will continue to reduce state involvement in Bitcoin-related activities, strengthen crypto asset regulation, governance, and transparency of public sector crypto asset holdings, and will not accumulate additional Bitcoin beyond already recorded donations. The majority stake and operational control of the government's Chivo Bitcoin wallet have been transferred to a private operator. (Cointelegraph)
"The Bitcoin Standard" Author: Other Bitcoin Treasury Companies Struggle to Compete With Strategy, Its Scale and Cash Reserves Provide an Advantage
According to Cointelegraph, Saifedean Ammous, author of The Bitcoin Standard, stated that other treasury companies focused on buying Bitcoin as their core business may struggle to compete with Strategy, noting there is currently no sufficient reason to choose alternative Bitcoin treasury firms over Strategy. Ammous pointed out that Strategy's larger Bitcoin holdings enable it to secure financing at a lower cost, and the company maintains approximately $5.02 billion in cash reserves, which can be used to pay preferred stock dividends and interest on its debt, providing a financial buffer even if Bitcoin experiences a sharper drawdown. However, he also emphasized that investing in Strategy still entails risks, and personally favors holding Bitcoin directly.
Michael Saylor: Digital Credit Issuers Can Jointly Expand Bitcoin Economic Opportunities
Michael Saylor posted on X platform stating that Strategy and Strive conduct business based on the shared capital foundation of Bitcoin. Although the two parties differ in securities products, decisions, and target audiences, they can compete while jointly expanding long-term opportunities. He believes that more well-managed Bitcoin-backed digital credit issuers can help enhance investor awareness, liquidity, and institutional research coverage for this category, and may improve the financing environment for eligible issuers. Saylor also mentioned that Strive disclosed the purchase of $50 million worth of STRC on March 11, 2026.
House Financial Services Committee Chair: Hopes CLARITY Act Will Pass During Lame-Duck Session After Midterm Elections
Odaily News: French Hill, Chairman of the U.S. House Financial Services Committee, said he hopes to push for the approval of the CLARITY Act during Congress's lame-duck session after next month's midterm elections. He believes that permanent legislation is needed to ensure the United States maintains its lead in digital assets and blockchain technology.French Hill previously pushed for the FIT21 Act, and stated that the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are defining digital assets and digital commodities under existing regulatory authority, but such policies are still insufficient to replace a legislative solution.Last month, the CLARITY Act failed to secure the required votes in the Senate's vote to end debate, with a tally of 49 in favor and 50 against.Analysts pointed out that agency regulatory rules are more easily modified or revoked by a new administration, making it difficult to provide the certainty that congressional legislation can offer. Law firm Troutman Pepper Locke said that future administrations could adjust rule interpretations and enforcement priorities. (Bitcoin.com News)
UK Tax Authority May Gain Direct Access to Customer Data from Crypto Service Providers as Information-Gathering Powers Set to Expand
HM Revenue & Customs (HMRC) is pushing to expand its investigation powers over crypto asset information, proposing to allow tax authorities to directly obtain customer data from crypto asset service providers and to update rules for inspecting software and electronic records. UK crypto tax software company Recap has warned that the proposed regulations' definition of service providers is too broad and could encompass non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Since Bitcoin transaction records are publicly transparent, once investors' names, addresses, and tax identities are linked to on-chain wallet addresses, their long-term asset activity records could be exposed, increasing the risk of data leaks, extortion, and physical attacks.
After violating Bitcoin holdings limit and receiving a waiver, IMF completes second and third reviews of El Salvador's $1.4 billion financing facility and disburses $139 million
Odaily reports: Bitcoin News posted on the X platform that the International Monetary Fund has completed the second and third reviews of El Salvador's $1.4 billion financing facility, disbursing $139 million, and granted a waiver after the country violated its Bitcoin holdings limit. The IMF now expects that, apart from documented donations, the Salvadoran government will not purchase additional Bitcoin and will enhance the transparency of its public Bitcoin holdings.
Capital Group's Growth ETF Increases Strategy Holdings by 535,300 Shares, Position Rises to 2.19 Million Shares
Odaily News: Capital Group's Growth ETF has increased its Strategy holdings by 535,300 shares, bringing its total position to 2.19 million shares, valued at approximately $336 million. Capital Group, which manages $3.3 trillion in assets, had previously further increased its position through ANCFX, which purchased 4.32 million Strategy shares in April 2026 for approximately $747 million. ANCFX currently holds 10.33 million shares, valued at approximately $1.78 billion. For traditional asset allocation institutions, MSTR remains a leveraged Bitcoin exposure that can pass compliance reviews through stock exchange channels.
Europol: Crypto Wallets Are the Primary Exposure Point for Quantum Attacks
Odaily reports: Europol released two reports on Wednesday, urging organizations, policymakers, and the cryptocurrency industry to immediately prepare for the threat of quantum computing. Its European Cybercrime Centre noted that cryptocurrency wallet keys are the primary exposure point for quantum attacks, while the hash functions used to secure blockchains currently remain largely quantum-resistant.The reports state that a sufficiently capable quantum computer could derive private keys from exposed public keys, enabling attackers to transfer assets without authorization. Wallets whose public keys have already been exposed on-chain cannot be protected retroactively; holders need to migrate their assets to new wallets before an attack occurs.Glassnode estimated in May that 6.04 million BTC, representing 30.2% of the issued supply, have exposed public keys. The reports note that NIST-standardized post-quantum signatures are 10 to 120 times larger than the ECDSA signatures currently used by Bitcoin, and migrating all Bitcoin unspent transaction outputs would require at least 76 cumulative days of downtime.A second report published by Europol points out that commonly used protocols such as TLS, SSH, and OpenPGP face "harvest now, decrypt later" risks, but there is currently no clear evidence that this approach has been exploited at scale. The report argues that for payments, immediate interception within the brief window before transaction confirmation poses a more direct quantum risk than post-hoc decryption. (Decrypt)
US Senate Investigation Points to USDT as a Key Liquidity Channel for Iran's Shadow Banking, Gulf VASPs Face Heightened Sanctions Risk
Odaily News: A report by the U.S. Senate Permanent Subcommittee on Investigations (PSI) has identified stablecoins, particularly USDT, as a key liquidity channel supporting Iran's shadow banking system. Licensed Virtual Asset Service Providers (VASPs) in the Gulf Cooperation Council (GCC) region face heightened sanctions compliance pressure and need to strengthen wallet attribution identification and counterparty assessment.Soham Jethani, a partner at law firm Septten, stated that merchants settling crypto assets into local fiat currency does not mean they can circumvent sanctions risk. Liability may arise from providing designated persons, funds, or economic resources, as well as handling assets within the transaction chain, and may materialize before the bank completes final settlement.Jethani noted that the name of a stablecoin or its denomination currency does not determine legal ownership; specific rights depend on contractual arrangements and the actual payment process. Globally circulating stablecoins may also bring secondary sanctions risk. Indirect or historical wallet associations do not automatically constitute a violation; determination requires consideration of the applicable regime, transaction participants, and specific facts.In regulated markets such as the UAE, licensed exchange wallets are continuously monitored, and relevant funds can be frozen before consumer settlement, while merchants must also complete KYC. Regulated VASPs handling deposits and withdrawals bear responsibility for counterparty and sanctions risk assessment and corresponding controls. (Bitcoin.com News)
Analysis: Bitcoin Miners Have Stopped Mass Selling, Selling Pressure Sources Have Notably Weakened
Odaily reports: CryptoQuant posted on X platform that Bitcoin miners have recently stopped large-scale selling. Since Bitcoin hit a low of $76,000 on August 21 and miner status shifted from "extremely underpaid" to "fairly paid," no extreme miner fund outflows have occurred.CryptoQuant stated that miner selling pressure was once a significant supply source continuously affecting Bitcoin's price during the 2026 bear market, and the current disappearance of this steady selling pressure may help alleviate market supply pressure.
Analyst: Bitcoin Short-Term Holders Panic Rises, Loss-Selling Pressure Hits Nearly 4-Month High
Odaily reports: Analyst Darkfost posted on X platform that Bitcoin short-term holders (STH) are showing clear signs of panic. Over the past 24 hours, short-term holders transferred more than 50,000 BTC to exchanges at the daily peak.Of this, more than 29,500 BTC was transferred to exchanges at a loss, accounting for approximately 59% of total BTC inflows — the largest realized loss by short-term holders in nearly 4 months.Darkfost noted that despite the large-scale loss-selling pressure from short-term holders, Bitcoin's price has not shown significant volatility. BTC is currently trading at around $82,000 and is retesting the previous high area formed in May of this year.
Today, US Bitcoin ETFs saw a net outflow of 5,461 BTC, and Ethereum ETFs saw a net outflow of 47,511 ETH
according to Lookonchain monitoring, today US Bitcoin ETFs saw a net outflow of 5,461 BTC, and Ethereum ETFs saw a net outflow of 47,511 ETH.
Trader Killa: Traders who shorted BTC all the way from $67,000 have not learned their lesson
Odaily News: Trader Killa posted on X that the same group of traders who previously shorted Bitcoin all the way from $67,000 down to $87,000 are now celebrating due to a minor price pullback.Killa stated that these traders believe they are simply waiting for a "bullish retest" of the uptrend by the market, but in reality, they are just hoping to recoup their previous losses with a single trade, and their inability to control greed is precisely what caused their earlier failures. He believes that if traders do not change their mindset and strategy, similar situations may occur again in the future.
After losing $37.6 million, rollover trader @AguilaTrades goes long on 100 BTC on Hyperliquid after a 14-month hiatus
Odaily News: According to monitoring by on-chain analyst Ember, rollover trader @AguilaTrades (0x1f25...f925) frequently used large positions to roll over long positions on Hyperliquid from June to August last year, losing $37.6 million within 2 months, and had not opened any positions on Hyperliquid for 14 consecutive months since then. 20 minutes ago, they withdrew 500,000 USDC from Bybit to Hyperliquid, then went long on 100 BTC worth $8.29 million, with an entry price of $82,962 and a liquidation price of $78,997.
Analysis: Bitcoin spot demand improves significantly, price falls but market demand is gradually recovering
analyst Darkfost stated that Bitcoin market demand has improved noticeably recently, especially with spot demand continuing to recover. Currently, total Bitcoin demand has returned to positive territory, exceeding 14,000 BTC, while futures demand remains relatively stable, recently averaging around 32,000 BTC.Spot demand currently stands at approximately negative 17,000 BTC. Although it remains in negative territory, it has improved significantly from negative 207,000 BTC on September 20. Darkfost believes that while Bitcoin's price is currently declining, market demand is gradually recovering, which is a positive market signal.
"Bunker Mode" Sparks Crypto Security Debate: Institutional Quantum Risk Response Far Harder Than for Individual Users
Odaily News: As the crypto industry discusses whether users need to enter "bunker mode" before AI or quantum computing technologies expose wallet private keys, custody institutions face a more complex challenge: how to upgrade key management, approval, and audit systems before an emergency migration occurs.Project Eleven CEO Alex Pruden stated that institutions have already begun preparing for post-quantum migration outside of blockchain, and different blockchains may adopt different quantum-resistant signature schemes and migration paths in the future. Institutions holding multiple types of assets will face the challenge of simultaneously adapting to multiple cryptographic systems.Quantus co-founder and CEO Christopher Smith stated that AI is accelerating the development of quantum hardware and software, and the tail risk of quantum attacks should be incorporated into portfolio decisions — this is an institutional fiduciary duty.Currently, the timeline for quantum computers to crack Bitcoin and Ethereum's existing public-key cryptographic systems remains uncertain, but the industry is gradually viewing the coming years as a window for establishing migration plans, rather than waiting for an attack to occur before responding reactively. (CoinDesk)
Second hacked, loses 0.75 BTC, user funds unaffected
Odaily reports: Second, a project built on Ark Protocol, disclosed that its server was exploited in an attack on Monday, resulting in the loss of 0.75 BTC of its own funds, worth approximately $62,300. The team stated that user funds were not affected and that the issue was fixed within hours.The attacker subsequently continued attempting to withdraw more funds from the project and launched a denial-of-service attack. On Tuesday, Second said the attack may have degraded the ability of Bark-based wallets to receive Lightning Network transfers.Second stated that the vulnerability was in the Ark server's boarding process, where an attacker could register and exit the relevant boards using only their own signature, while simultaneously spending the same batch of VTXOs in the node via the Lightning Network. The attacker also attempted to use bitcoin linked to the Blink Wallet security breach on September 19, but was unsuccessful. (Bitcoin.com News)
UK Tax Authority May Gain Direct Access to Customer Data from Crypto Service Providers as Information-Gathering Powers Set to Expand
HM Revenue & Customs (HMRC) is pushing to expand its investigation powers over crypto asset information, proposing to allow tax authorities to directly obtain customer data from crypto asset service providers and to update rules for inspecting software and electronic records. UK crypto tax software company Recap has warned that the proposed regulations' definition of service providers is too broad and could encompass non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Since Bitcoin transaction records are publicly transparent, once investors' names, addresses, and tax identities are linked to on-chain wallet addresses, their long-term asset activity records could be exposed, increasing the risk of data leaks, extortion, and physical attacks.
Galaxy Research: Some BTC Transferred by US Government to Coinbase Prime Came from Unlabeled Addresses, LuBian and Bitfinex Assets Account for 71% of Holdings
Odaily News: Galaxy Research on-chain tracking shows that the US government transferred approximately 9,261 BTC, worth about $770 million, to Coinbase Prime over two days. Since the deposit address was first activated in December 2025, it has cumulatively received 11,567 BTC, of which 6,406 came from wallets already labeled as belonging to the US government, and 5,160 came from previously unlabeled wallets.Of the 9,261 BTC transferred this time, nearly half can be traced back to Bitfinex hacker funds recovered by the US government, with some coming from previously known Binance-related seized assets; among them, 2,456 BTC previously had no clear government attribution label, but because they entered this address through the same path as government funds, they are currently regarded as US government seized assets. The US government currently holds approximately 319,100 BTC, of which about 71% comes from LuBian-related BTC and Bitfinex recovered funds.In January 2025, a US federal court approved the return in kind of seized Bitfinex hacker funds to Bitfinex, and the main address holding approximately 94,600 BTC has still not moved. In October 2025, the US Department of Justice filed a civil forfeiture lawsuit against Chen Zhi and related assets, involving approximately 127,300 BTC; this batch of LuBian BTC entered addresses attributed to the US government between June and July 2024. Since 2013, US government-related addresses have received a total of approximately 555,300 BTC, worth about $16.1 billion at prices at the time; during the same period, approximately 236,200 BTC flowed out, worth about $3.8 billion at prices at the time. After excluding internal transfers between the government's own addresses, this transfer, based on labeled government addresses, ranks 9th among the largest single-day BTC outflows in US government history, and is also the largest since December 2, 2024. BTC being transferred to Coinbase Prime does not mean the US government has already sold it, and on-chain transfers alone cannot confirm the specific purpose of the funds.
After 16 years of dormancy, a Satoshi-era address moved 100.02 BTC
According to Odaily, a Satoshi-era address moved 100.02 BTC worth $8.55 million after 16 years of dormancy. Bankless co-founder David Hoffman suggested that the transfer may be intended as preparation against quantum attacks.
$470 Million in Seized Crypto Assets Moved, US Government-Linked Wallets Involve 4,695 BTC, WBTC, and USDT
Odaily News: According to Bitcoin News monitoring, Arkham reports that US government-linked wallets transferred approximately 4,695 BTC, along with WBTC and USDT, through a series of transactions today, involving total assets worth approximately $470 million. On-chain analyst @TimechainIndex independently flagged the same batch of approximately 4,695 BTC, distributed across 4 transactions. The assets are related to seizures tied to the Bitfinex hack and FTX/Alameda, with some assets already sent to Coinbase Prime deposit addresses. This transfer follows the US government's additional transfer to Coinbase Prime yesterday.
US Prosecutors Cite Bitcoin Fog Precedent to Support Trying Tornado Cash Defendant Roman Storm in New York
Odaily News: Bitcoin News posted on X platform that U.S. federal prosecutors informed Judge Katherine Polk Failla that the U.S. Court of Appeals for the D.C. Circuit upheld the conviction of Bitcoin Fog founder Roman Sterlingov on September 25, supporting the trial of Tornado Cash defendant Roman Storm in New York. The appellate court determined that Washington, D.C. has trial jurisdiction, reasoning that law enforcement officers had deposited approximately $250 worth of Bitcoin into Bitcoin Fog from Washington, D.C. Prosecutors argued that since user Shakeeb Ahmed accessed Tornado Cash from his apartment in Manhattan, the same logic applies. Roman Storm released this letter and noted that FinCEN withdrew its 2023 mixer reporting requirement on the same day, citing concerns that the proposal could suppress legitimate activity.
"Bunker Mode" Sparks Crypto Security Debate: Institutional Quantum Risk Response Far Harder Than for Individual Users
Odaily News: As the crypto industry discusses whether users need to enter "bunker mode" before AI or quantum computing technologies expose wallet private keys, custody institutions face a more complex challenge: how to upgrade key management, approval, and audit systems before an emergency migration occurs.Project Eleven CEO Alex Pruden stated that institutions have already begun preparing for post-quantum migration outside of blockchain, and different blockchains may adopt different quantum-resistant signature schemes and migration paths in the future. Institutions holding multiple types of assets will face the challenge of simultaneously adapting to multiple cryptographic systems.Quantus co-founder and CEO Christopher Smith stated that AI is accelerating the development of quantum hardware and software, and the tail risk of quantum attacks should be incorporated into portfolio decisions — this is an institutional fiduciary duty.Currently, the timeline for quantum computers to crack Bitcoin and Ethereum's existing public-key cryptographic systems remains uncertain, but the industry is gradually viewing the coming years as a window for establishing migration plans, rather than waiting for an attack to occur before responding reactively. (CoinDesk)
UK Tax Authority May Gain Direct Access to Customer Data from Crypto Service Providers as Information-Gathering Powers Set to Expand
HM Revenue & Customs (HMRC) is pushing to expand its investigation powers over crypto asset information, proposing to allow tax authorities to directly obtain customer data from crypto asset service providers and to update rules for inspecting software and electronic records. UK crypto tax software company Recap has warned that the proposed regulations' definition of service providers is too broad and could encompass non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Since Bitcoin transaction records are publicly transparent, once investors' names, addresses, and tax identities are linked to on-chain wallet addresses, their long-term asset activity records could be exposed, increasing the risk of data leaks, extortion, and physical attacks.
Lightspark launches dotMoney prototype, testing funds that can be sent via shareable links or .money files
Odaily reports: Bitcoin News posted on X platform that Lightspark has released a dotMoney prototype, allowing users to send test funds by sharing links, .money files, or directly between nearby iPhones. The files can be sent via AirDrop, messaging apps, or stored on a USB drive; the underlying funds are transferred between wallets via Spark. Each file can only be claimed once, and copying or forwarding will not generate duplicate funds. The sender can also cancel unclaimed payments. Currently, the prototype uses test funds with no monetary value, and Lightspark is also testing bank, Cash App, and Lightning withdrawal functionality through Grid.
Holdings valued at approximately $141 billion: Strategy and BlackRock IBIT together hold 1.653 million BTC
Odaily reports: Bitcoin News posted on X that Strategy currently holds 848,000 BTC, while BlackRock's IBIT holds 805,222 BTC, bringing their combined holdings to 1.653 million BTC, approximately 7.9% of the 21 million total supply cap. Based on Monday's price of $85,179, these BTC are worth approximately $141 billion. Some of this is held on corporate balance sheets, while the rest backs ETF issuance and redemption shares.
Solana's x402 Launches USDC Batch Payments, BlockRunAI Says It Can Save Over $20,000 Per Month
Odaily Report: Blockchain platform Solana has launched x402 batch payment functionality through PayAI Network and BlockRunAI, enabling AI agents to initiate multiple USDC payments and settle them all through a single on-chain transaction.BlockRunAI has already applied this technology to its AI model routing service. The company states that by consolidating multiple model calls into a single USDC settlement, it can save over $20,000 per month in network fees and reduce latency by approximately 10x; its service provides access to over 113 AI models through a single endpoint.Solana development organization Anza stated that the upgrade to ultimately reduce Solana's block time to 200 milliseconds is expected to go live around 15:00 UTC on October 9, having previously been gradually reduced from 400 milliseconds to 350, 300, and 250 milliseconds. (Bitcoin.com News)
Related news
US Prosecutors Cite Bitcoin Fog Precedent to Support Trying Tornado Cash Defendant Roman Storm in New York
Odaily News: Bitcoin News posted on X platform that U.S. federal prosecutors informed Judge Katherine Polk Failla that the U.S. Court of Appeals for the D.C. Circuit upheld the conviction of Bitcoin Fog founder Roman Sterlingov on September 25, supporting the trial of Tornado Cash defendant Roman Storm in New York. The appellate court determined that Washington, D.C. has trial jurisdiction, reasoning that law enforcement officers had deposited approximately $250 worth of Bitcoin into Bitcoin Fog from Washington, D.C. Prosecutors argued that since user Shakeeb Ahmed accessed Tornado Cash from his apartment in Manhattan, the same logic applies. Roman Storm released this letter and noted that FinCEN withdrew its 2023 mixer reporting requirement on the same day, citing concerns that the proposal could suppress legitimate activity.
Becomes the world's largest tokenized stock, Strategy's STRCx circulating market cap reaches $158 million
Bitcoin Treasuries posted on X that Strategy's tokenized stock Stretch (STRCx) has reached a circulating market cap of $158 million, making it the world's largest tokenized stock, surpassing the tokenized equity of Elon Musk's SpaceX.
House Financial Services Committee Chair: Hopes CLARITY Act Will Pass During Lame-Duck Session After Midterm Elections
Odaily News: French Hill, Chairman of the U.S. House Financial Services Committee, said he hopes to push for the approval of the CLARITY Act during Congress's lame-duck session after next month's midterm elections. He believes that permanent legislation is needed to ensure the United States maintains its lead in digital assets and blockchain technology.French Hill previously pushed for the FIT21 Act, and stated that the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are defining digital assets and digital commodities under existing regulatory authority, but such policies are still insufficient to replace a legislative solution.Last month, the CLARITY Act failed to secure the required votes in the Senate's vote to end debate, with a tally of 49 in favor and 50 against.Analysts pointed out that agency regulatory rules are more easily modified or revoked by a new administration, making it difficult to provide the certainty that congressional legislation can offer. Law firm Troutman Pepper Locke said that future administrations could adjust rule interpretations and enforcement priorities. (Bitcoin.com News)
El Salvador Continues Daily Bitcoin Purchases, Holdings Reach 7,798 BTC Worth Over $643 Million
Odaily News: El Salvador's National Bitcoin Office has disclosed that the country added 7 BTC over the past 7 days, bringing its national reserves to 7,798 BTC, valued at over $643 million at the time. The country is still executing its strategy of purchasing 1 BTC per day.The International Monetary Fund (IMF) recently stated that El Salvador has not met the relevant standards for public sector holdings of crypto assets, but approved a waiver based on corrective measures and new commitments. The IMF had previously required El Salvador to gradually stop directly purchasing Bitcoin in order to secure a $1.4 billion credit facility.IMF First Deputy Managing Director Dan Katz said that aside from documented donations, El Salvador is not expected to continue increasing its Bitcoin holdings. El Salvador's recent additional holdings are reportedly funded by unidentified private donors. (Bitcoin.com News)
Analysis: Bitcoin Miners Have Stopped Mass Selling, Selling Pressure Sources Have Notably Weakened
Odaily reports: CryptoQuant posted on X platform that Bitcoin miners have recently stopped large-scale selling. Since Bitcoin hit a low of $76,000 on August 21 and miner status shifted from "extremely underpaid" to "fairly paid," no extreme miner fund outflows have occurred.CryptoQuant stated that miner selling pressure was once a significant supply source continuously affecting Bitcoin's price during the 2026 bear market, and the current disappearance of this steady selling pressure may help alleviate market supply pressure.
"Bunker Mode" Sparks Crypto Security Debate: Institutional Quantum Risk Response Far Harder Than for Individual Users
Odaily News: As the crypto industry discusses whether users need to enter "bunker mode" before AI or quantum computing technologies expose wallet private keys, custody institutions face a more complex challenge: how to upgrade key management, approval, and audit systems before an emergency migration occurs.Project Eleven CEO Alex Pruden stated that institutions have already begun preparing for post-quantum migration outside of blockchain, and different blockchains may adopt different quantum-resistant signature schemes and migration paths in the future. Institutions holding multiple types of assets will face the challenge of simultaneously adapting to multiple cryptographic systems.Quantus co-founder and CEO Christopher Smith stated that AI is accelerating the development of quantum hardware and software, and the tail risk of quantum attacks should be incorporated into portfolio decisions — this is an institutional fiduciary duty.Currently, the timeline for quantum computers to crack Bitcoin and Ethereum's existing public-key cryptographic systems remains uncertain, but the industry is gradually viewing the coming years as a window for establishing migration plans, rather than waiting for an attack to occur before responding reactively. (CoinDesk)