π Michael Saylor predicts that the value of BTC will soon no longer be measured in fiat currencies.
π¨ Oil inventory update: According to the API report, crude oil stocks increased by 2.780 million barrels, surpassing expectations of a 2.250 million barrel rise and a prior decrease of 3.674 million barrels.
π David Marcus, CEO of Lightspark and former PayPal president, stated that Bitcoin (BTC) is still "seriously undervalued" compared to gold. He believes it is only a matter of time before its price exceeds seven figures, aligning with the gold market size.
Matthew Sigel, head of digital asset research at VanEck, predicts that after the next halving in 2028, BTC's market capitalization will reach half the size of the gold market, equating to approximately $644,000 per BTC at current prices. Sigel estimates that about half of gold's value is tied to its savings function.
Matthew Sigel, head of digital asset research at VanEck, predicts that after the next halving in 2028, BTC's market capitalization will reach half the size of the gold market, equating to approximately $644,000 per BTC at current prices. Sigel estimates that about half of gold's value is tied to its savings function.
π Todayβs Calendar β October 8, 2025
China observes a trade halt for the Mid-Autumn Festival. New Zealand's central bank announces its interest rate at 04:00 MSK. Germany releases industrial production data for August at 09:00 MSK. The Bank of England will publish minutes from its last meeting at 12:30 MSK. U.S. EIA oil inventory data is set for 17:30 MSK. ECB President Lagarde speaks at 19:00 MSK, while Russia releases CPI data. The FOMC minutes follow at 22:00 MSK.
Major events include the second day of the St. Petersburg International Gas Forum, E-Retail Week 2025, and the first day of Finopolis 2025. Additionally, the SPB Exchange will present its futures market at the Finopolis forum, while Aeroflot discusses its group development strategy. The Russian Ministry of Finance will conduct auctions for OFZ 26249 and 26247.
China observes a trade halt for the Mid-Autumn Festival. New Zealand's central bank announces its interest rate at 04:00 MSK. Germany releases industrial production data for August at 09:00 MSK. The Bank of England will publish minutes from its last meeting at 12:30 MSK. U.S. EIA oil inventory data is set for 17:30 MSK. ECB President Lagarde speaks at 19:00 MSK, while Russia releases CPI data. The FOMC minutes follow at 22:00 MSK.
Major events include the second day of the St. Petersburg International Gas Forum, E-Retail Week 2025, and the first day of Finopolis 2025. Additionally, the SPB Exchange will present its futures market at the Finopolis forum, while Aeroflot discusses its group development strategy. The Russian Ministry of Finance will conduct auctions for OFZ 26249 and 26247.
π¨ New Zealand - The Central Bank's interest rate remains at 2.5%, lower than the expected 2.75% and down from the previous 3%. The Reserve Bank of New Zealand notes that economic activity has slowed, and inflation is projected to reach the target of 2% by the first half of 2026.
π₯ Spot inflows into BTC and ETH ETFs are continuing to strengthen, particularly the inflows into BTC ETFs, according to data from SoSoValue. Inflows into spot BTC ETFs are considered one of the main bullish drivers in the market.
β οΈπΊπ¦ The decision to supply Ukraine with Tomahawk cruise missiles, if approved by Washington, appears to pave the way for an unlimited war against Russia, stated Alexei Pushkov, chairman of the Federation Council's Information Policy Committee.
β οΈπΊπ¦ Experts predict that former President Trump will approve the sale of Tomahawk missiles to Ukraine, while Europe is expected to stage a major provocation on its territory to further involve the U.S. in the conflict against Russia. Concerns are growing about the rapid approach of a Third World War. Some analysts note that geopolitical tensions against Russia have escalated during Trump's previous administration. Additionally, a recent agreement on military cooperation with Cuba by the Russian Duma raises fears of a "Cuban Crisis 2.0." Serbian President Vucic has also issued warnings about an imminent war. The only good news would be if none of these predictions come true.
π«π·πΊ The Central Bank of Russia will allow financial institutions to refrain from disclosing individual information starting in 2026, according to a recent resolution.
β οΈπ’πΊπΈπͺπΊπ·πΈ Sanctions imposed by the United States against the Serbian energy company NIS, a subsidiary of Gazprom Neft, come into effect today. Yesterday, President Vucic announced that the European Union will also join the U.S. sanctions against the "Oil Industry of Serbia."