☕️ Bitcoin Stabilizes Near $82,500 as Equities Rebound Global risk assets rebounded ahead of major technology earnings, stabilizing digital asset markets after last week's technology-led sell-off.
1. Bitcoin Stabilizes Near $82,500 Amid Macro Rebound — $BTC hovered near $82,500 after China reported third-quarter economic growth of 4.5% and lower oil prices spurred a broader market rally [9]. Traders are scaling back hedging, with an 85% probability that the Federal Reserve will pause rate hikes on Oct. 28 [1 2. Stablecoin Payment Volume Jumps 45% to $482 Billion — Third-quarter stablecoin payment transactions reached $482 billion through September, according to Allium [5]. Overall supply remained flat at $305 billion, while the number of transactions climbed 71% to 1.04 billion [5]. 3. Missouri Attorney General Issues Cease-and-Desist to Prediction Markets — Missouri ordered Polymarket, Kalshi, Robinhood, and three other platforms to stop offering unlicensed sports event contracts [6]. The state rejected arguments that the contracts qualify as federally regulated swaps [6]. 4. Crypto Traders Face $52 Million Liquidations on Weekend Equity Perpetuals — Approximately $51.6 million in leveraged semiconductor contracts liquidated across Binance and Hyperliquid during a 10-minute window on Saturday [4]. The cascade occurred while traditional equity markets were closed [4]. 5. Qubic Pauses Network After $1.4 Million Wallet Exploit — The Qubic layer-1 blockchain halted operations after an attacker drained $1.4 million worth of tokens across 1,400 user wallets [3]. The vulnerability was linked to weak pseudo-random seed generation on Apple devices [3]. 6. CME Group Schedules Bitcoin Cash and Uniswap Futures — CME Group plans to introduce standard and micro futures contracts for $BCH and $UNI on Oct. 19, pending regulatory approval [8]. The exchange continues expanding its regulated derivatives suite for institutional traders [8].
📊 Bitcoin trades at $82,317 with total market capitalization at $2.73 trillion, as Ethereum gas fees remain at zero gwei.
