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🇺🇸 Is The US Government causing crypto's collapse?

Over the last 3-4 days, US Government wallets have sent a staggering $1.48B worth of $BTC to Coinbase Prime.

Another $62M worth of $wBTC was also sent to the exchange.

The transfers seem to line up pretty closely with $BTC and crypto's poor price performance this week...

Data: Lookonchain

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Vivek Ramaswamy's Strive acquires $275M in Bitcoin

The latest purchase adds 3,311 $BTC to the company's Bitcoin treasury.

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🇫🇷 France has proposed a 31.4% tax on swapping crypto into stablecoins, even when nothing is cashed out.

For example, an investor buys $10,000 of Bitcoin and it rises to $20,000.

If they swap it into a stablecoin, they owe $3,140 in tax, even though they never cashed out.

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Uptober, they said.

The market isn't convinced.
Bitcoin outperforming gold and the S&P 500 in 2026: 19.5%.
The S&P: 66.5%.
China unbanning Bitcoin by 2027: 2.4%.

So, bull or bear on that 19.5%? 📈

🔮 We track these prediction markets in our Telegram: which numbers are moving, which ones look wrong, and where the crowd is split.
Come argue with the odds
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🇨🇳 China moves to confiscate Bitcoin, XRP, and Dogecoin tied to convicted money launderer

The case involves 61,896 $BTC, plus millions of dollars in $XRP and $DOGE; prosecutors say the scheme defrauded over 102,000 investors of roughly $6B between 2014 and 2017

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🕸 Google's Willow chip advances quantum computing, raising fresh questions about Bitcoin's security

A new technique called "magic state cultivation" cuts quantum errors roughly 40x with 99.99% accuracy, but scaling it up remains a challenge before quantum computers could threaten Bitcoin's cryptography.

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🇹🇭 Thailand set to allow Bitcoin and Ethereum ETFs to list on its main stock exchange

From Oct. 16, new rules will let Thai investors access Bitcoin and Ethereum through the stock market, with funds required to keep at least 80% of their assets exposed to one crypto asset and to use SEC-regulated custodians.

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MyDoge, DogeOS and Such App consolidate to form Dogecoin Labs

In partnership with the Dogecoin Foundation, the new initiative aims to expand $DOGE utility by building a broader ecosystem for payments and applications

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🇨🇳 China targets 2030 to complete a nationwide blockchain network

The country's 15th Five-Year Plan calls for blockchain adoption across trade, finance, manufacturing and agriculture, even as its ban on cryptocurrency trading and related activities remains in place

📰 @Cryptoz » Web3 Crypto Media & Agency
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