🇺🇸 The US banking regulator announced that banks can now hold cryptocurrency specifically to pay network fees on blockchains.

This is not about investments, but a technical necessity — so that banks can work with transactions in digital networks.

This is the first step towards traditional financial institutions being able to integrate with crypto infrastructure at a basic level.

👻 Vitalik Buterin at the Devconnect conference warned that quantum computers could break modern cryptography even before the 2028 US presidential election — he urged the Ethereum community to transition to quantum-resistant protection methods within the next four years.

Buterin also noted that further innovations should be moved to second-layer solutions (L2), as well as to wallets and privacy tools, instead of complicating the base Ethereum protocol.

⚖️ Co-founder of Samourai Wallet, 67-year-old William Lonergan Hill, was sentenced to 4 years in prison for participating in the operation of an unlicensed money transfer service — through the Samourai wallet and the Whirlpool mixer, according to the investigation, more than $237,000,000 of criminal funds were laundered.

🔪 Cryptos are "catching falling knives" by opening too many long positions expecting a quick rebound, says K33 Research.

Due to high funding rates and accumulated leverage, the market becomes vulnerable to volatility spikes and mass liquidations.

At the same time, institutional players remain cautious — in 86% of such situations in the past, the BTC price fell on average by 16% over a month.

Bitcoin falls below $88,000 for the first time since April 22nd.

Bitcoin is officially down more than -30% since October 6th.

This is among the fastest-moving crypto bear markets on record:

On October 6, the total cryptocurrency market capitalization reached an all-time high of $4.27 trillion.

As of today, the market cap has fallen back below $3 trillion — a decline of $1.3 trillion in just 45 days.

All eyes on MicroStrategy:

MicroStrategy ($MSTR) has dropped -40% over the past month and is now -68% below its record high.

The company currently holds 649,870 Bitcoin, purchased at an average price of $74,433.

Put simply, if Bitcoin declines by another 15%, MicroStrategy’s overall position will move into the red.

The question remains: Can Saylor keep buying?