Bitcoin ETFs said “see ya!” to $101.3 million on October 22, after a $477 million “hello” the day before. Trading volume? Down to $6.58 billion from $7.4 billion. Looks like the dance floor’s clearing. 💃🚪 According to SoSoValue, investors are doing the withdrawal waltz. 🕺💸
WazirX, once India’s largest cryptocurrency exchange by volume, will resume operations on October 24, per an email sent to creditors. 📧💥
Meanwhile, the Federal Reserve, that venerable arbiter of Stone Age wisdom, has apparently misplaced access to crucial private employment data from ADP, which covers a hearty 20% of private workers. Reporting from the esteemed WSJ and Kobeissi Letter suggests that the Fed is feeling quite dovish-possibly more than usual-urging rate cuts while the government’s shutdown drags on, like a bad soap opera.
This scoop is courtesy of Theminermag, your go-to source for the bitcoin mining industry’s latest high-stakes soap opera, packed with all the essential details like institutional bitcoin mining gossip.
– With the flair of understatement from @EricBalchunas, the stalwart seer of securities, October 21, 2025
Oh, the drama! Bitcoin slipped below the $109,500 level like a banana peel on a rainy day. It tested the $106,750 zone and is now sulking in a corner, consolidating its losses. A low of $106,717 was hit before it decided to dust itself off and recover a bit. 🍌
Bitcoin is trading around $108,164, up slightly from Monday but still down 2% on the week, while Ether is changing hands near $3,815. It’s like a horse race where the winner is still deciding if they want to run. 🐴
With a flourish of social media wizardry, Ardoino declared this the “biggest financial inclusion achievement in history,” an achievement as certain as the sun setting behind the smog of the global economy-if only we knew who truly counts as a ‘user’ in this digital carnival. The number’s as solid as a mirage, perhaps a little more shimmering, and the details of how these ‘users’ are counted are as mysterious as the depths of the Mariana Trench, or perhaps just a well-kept secret. 🤔
There’s a fever in the air, a kind of madness that only comes with the scent of profit. The digital asset sector is awash with optimism, as crypto exchange-traded product (ETP) filings surge to heights once thought impossible. Bloomberg’s own Eric Balchunas, a man who’s seen his fair share of market frenzies, declared on October 21 that a record 155 ETP filings have been made since 2024, spanning 35 different cryptocurrencies. It’s a land rush, he says, and he’s not wrong. 🏇🔥
In a legal drama fit for any courtroom thriller, the Financial Conduct Authority (FCA) slapped a lawsuit against HTX, the artist formerly known as Huobi, in London’s High Court on October 22. Accused of promoting crypto services to unsuspecting UK residents without so much as a “by your leave,” HTX has been a thorn in the FCA’s side since 2023. And, naturally, they’ve been added to the official warning list of the ever-watchful regulator.