BTC traded at $81,824, down 1.84% over 24 hours, while ETH stood at $2,404.04, down 2.15%. Gold was at $4,101.70 and silver at $55.985; the S&P 500 and Nasdaq 100 rose 0.58% and 1.13%, respectively, while WTI and Brent rose 2.64% and 3.32%.
1. Bitcoin Treasury Accumulation Below 10% of Peak
Glassnode's latest weekly report shows the average cost basis of tracked bitcoin treasury companies was about $80,200 as of October 19. Bitcoin's daily close has stayed above that level since September 18, but corporate buying has not recovered with the price rebound; monthly accumulation since June has stayed below 10% of the November 2024 peak.
Assets to watch: BTC
2. Nikkei Drops 2.65%, KOSPI 3.52%
South Korea's KOSPI closed down 201.9 points, or 3.52%, at 5,533.76 on October 22, with SK Hynix down 5.48% and Samsung Electronics down 4.02%. Japan's Nikkei 225 closed down 1,713.40 points, or 2.65%, at 62,907.84.
Assets to watch: SAMSUNG, SKHYNIX
3. Nvidia Brings Vera Rubin Platform into Production
Nvidia CEO Jensen Huang announced at a Berlin developer conference that the Vera Rubin platform has entered full production, alongside the DSX POD modular AI factory reference design, which cuts AI factory on-site deployment time from six months to 14 days. Nvidia also plans to invest nearly $10 billion into the European technology ecosystem.
Assets to watch: NVDA
4. SpaceX Eyes Over 10 GW Compute Next Year
Investor Brad Gerstner said SpaceX plans to deploy about 25% of new U.S. compute capacity next year, with total new U.S. compute estimated at 43 GW and roughly $400 billion in infrastructure funding potentially required. Musk responded that SpaceX aims to deploy over 10 GW of compute next year.
Assets to watch: SPCX
5. Meta Grants Zuckerberg Non-Voting Shares
Meta announced an agreement with CEO Mark Zuckerberg to issue sellable non-voting shares to cover potential taxes if a California wealth-tax proposal passes. In exchange, Zuckerberg committed to reside in California or near Meta's headquarters for eight years. Meta will issue new non-voting Class C common stock in January 2027.
Assets to watch: META
6. Whale Sells 246 BTC, Rotating into Ether
According to Lookonchain, a whale sold another 246.25 BTC worth about 20.64 million dollars and then bought 8,286 ETH. Over the past 11 days, the whale has sold a cumulative 1,917.7 BTC worth about $159 million and bought 64,545 ETH worth about $155 million.
Assets to watch: BTC, ETH
7. Ether ETFs Flip to $14.96M Net Inflows
According to SoSoValue, U.S. spot ether ETFs saw total net inflows of $14.96 million on October 21, flipping to inflows after five consecutive days of outflows. Grayscale's Ethereum Mini Trust ETF (ETH) led with $28.07 million, taking its cumulative net inflows to $2.04 billion.
Assets to watch: ETH
8. Zcash, NEAR ETFs See $16M Combined Inflows
According to SoSoValue, U.S. spot ZEC and NEAR ETFs saw combined net inflows of $16.01 million on October 21, with $15.18 million into ZEC and $830,700 into NEAR. For ZEC, only the Zcash ETF recorded inflows, bringing its cumulative net inflows to $169 million.
Assets to watch: ZEC, NEAR
9. Whale Buys $7.22M in Tokens in 24 Hours
According to Lookonchain, a whale address bought roughly $7.22 million worth of tokens over the past 24 hours, led by 378,129 LIT ($1.4 million), 6.61 million ENA ($1.34 million) and 3 million ONDO ($1.34 million).
Assets to watch: LIT, ENA, ONDO
10. Starknet Votes to Study Move to Layer 1
According to The Block, Starknet (STRK) holders with over 93.5% of voting weight supported a research proposal to explore transitioning Starknet from a Layer 2 network into an independent, quantum-resistant Layer 1 network. StarkWare plans to release a whitepaper draft in November; the vote only supports studying the transition, not approval of the plan.
Assets to watch: STRK
Market snapshot
BTC: $81,824 (24h -1.84%) | ETH: $2,404.04 (24h -2.15%)
Gold: $4,101.70 (-1.16%) | Silver: $55.985 (-2.99%)
WTI: $99.71 (+2.64%) | Brent: $112.43 (+3.32%)
S&P 500: 7,757.17 (+0.58%) | Nasdaq 100: 29,822.52 (+1.13%)
1. Bitcoin Treasury Accumulation Below 10% of Peak
Glassnode's latest weekly report shows the average cost basis of tracked bitcoin treasury companies was about $80,200 as of October 19. Bitcoin's daily close has stayed above that level since September 18, but corporate buying has not recovered with the price rebound; monthly accumulation since June has stayed below 10% of the November 2024 peak.
Assets to watch: BTC
2. Nikkei Drops 2.65%, KOSPI 3.52%
South Korea's KOSPI closed down 201.9 points, or 3.52%, at 5,533.76 on October 22, with SK Hynix down 5.48% and Samsung Electronics down 4.02%. Japan's Nikkei 225 closed down 1,713.40 points, or 2.65%, at 62,907.84.
Assets to watch: SAMSUNG, SKHYNIX
3. Nvidia Brings Vera Rubin Platform into Production
Nvidia CEO Jensen Huang announced at a Berlin developer conference that the Vera Rubin platform has entered full production, alongside the DSX POD modular AI factory reference design, which cuts AI factory on-site deployment time from six months to 14 days. Nvidia also plans to invest nearly $10 billion into the European technology ecosystem.
Assets to watch: NVDA
4. SpaceX Eyes Over 10 GW Compute Next Year
Investor Brad Gerstner said SpaceX plans to deploy about 25% of new U.S. compute capacity next year, with total new U.S. compute estimated at 43 GW and roughly $400 billion in infrastructure funding potentially required. Musk responded that SpaceX aims to deploy over 10 GW of compute next year.
Assets to watch: SPCX
5. Meta Grants Zuckerberg Non-Voting Shares
Meta announced an agreement with CEO Mark Zuckerberg to issue sellable non-voting shares to cover potential taxes if a California wealth-tax proposal passes. In exchange, Zuckerberg committed to reside in California or near Meta's headquarters for eight years. Meta will issue new non-voting Class C common stock in January 2027.
Assets to watch: META
6. Whale Sells 246 BTC, Rotating into Ether
According to Lookonchain, a whale sold another 246.25 BTC worth about 20.64 million dollars and then bought 8,286 ETH. Over the past 11 days, the whale has sold a cumulative 1,917.7 BTC worth about $159 million and bought 64,545 ETH worth about $155 million.
Assets to watch: BTC, ETH
7. Ether ETFs Flip to $14.96M Net Inflows
According to SoSoValue, U.S. spot ether ETFs saw total net inflows of $14.96 million on October 21, flipping to inflows after five consecutive days of outflows. Grayscale's Ethereum Mini Trust ETF (ETH) led with $28.07 million, taking its cumulative net inflows to $2.04 billion.
Assets to watch: ETH
8. Zcash, NEAR ETFs See $16M Combined Inflows
According to SoSoValue, U.S. spot ZEC and NEAR ETFs saw combined net inflows of $16.01 million on October 21, with $15.18 million into ZEC and $830,700 into NEAR. For ZEC, only the Zcash ETF recorded inflows, bringing its cumulative net inflows to $169 million.
Assets to watch: ZEC, NEAR
9. Whale Buys $7.22M in Tokens in 24 Hours
According to Lookonchain, a whale address bought roughly $7.22 million worth of tokens over the past 24 hours, led by 378,129 LIT ($1.4 million), 6.61 million ENA ($1.34 million) and 3 million ONDO ($1.34 million).
Assets to watch: LIT, ENA, ONDO
10. Starknet Votes to Study Move to Layer 1
According to The Block, Starknet (STRK) holders with over 93.5% of voting weight supported a research proposal to explore transitioning Starknet from a Layer 2 network into an independent, quantum-resistant Layer 1 network. StarkWare plans to release a whitepaper draft in November; the vote only supports studying the transition, not approval of the plan.
Assets to watch: STRK
Market snapshot
BTC: $81,824 (24h -1.84%) | ETH: $2,404.04 (24h -2.15%)
Gold: $4,101.70 (-1.16%) | Silver: $55.985 (-2.99%)
WTI: $99.71 (+2.64%) | Brent: $112.43 (+3.32%)
S&P 500: 7,757.17 (+0.58%) | Nasdaq 100: 29,822.52 (+1.13%)