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BULLISH: 🟠 $25B Calamos Investments says Bitcoin’s journey to $1M will be driven by advisor allocations. πŸš€

"We're seeing so many more banks allowing and lending against it."

Source: https://x.com/BitcoinArchive/status/2109746700000649520
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NEW: 🟠 Bitcoin funding rates are negative for the first time in 3 months, which historically leads to positive price action.

Source: https://x.com/BitcoinMagazine/status/2109751997268176955
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JUST IN: πŸ‡¦πŸ‡ͺ Kraken has been approved to launch Bitcoin and crypto asset trading in the UAE πŸš€

Source: https://x.com/BitcoinMagazine/status/2110006855120363907
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JUST IN: 🟠 Bitcoin is currently outperforming Fed Net Liquidity πŸ‘€

"We see that Bitcoin is overperforming net liquidity here...As liquidity is entering the marketplace, Bitcoin is doing what it should do if its a healthy asset." πŸš€

Source: https://x.com/BitcoinMagazine/status/2110033449843134551
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Make sense of what is happening across Bitcoin.

πŸ“£ https://x.com/BTCTimescom
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NEW: 🟠 Bitcoin's weekly momentum has flipped positive on the MACD chart, after 44 consecutive negative weeks. πŸ‘€

This historically signals the start of a bull market πŸš€

Source: https://x.com/BitcoinMagazine/status/2109727532845076573
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BREAKING: 🟠 Researchers at Imperial College London propose framework for post-quantum private transfers on Bitcoin without a need for a soft fork πŸ‘€

Source: https://x.com/BitcoinMagazine/status/2110062127633297582
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BULLISH: 🟠 Bitcoin wallets with a non-zero balance recently hit a new all-time high above 60 million πŸš€

~3 million new wallets have been added since the bear market began πŸ‘€

Source: https://x.com/BitcoinMagazine/status/2109977242554270184
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FYI: 🟠 Strategy's Chaitanya Jain just said, "Our corporate objective is to double #Bitcoin per share over 7 years on a rolling basis, roughly 10% BPS growth every year."

"For long-term investors, BPS is the ultimate metric to measure where the company is going and how it's performing."

Source: https://x.com/BTCtreasuries/status/2109775268948984020
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NEW: 🟠 $120B Wealth Enhancement buys more Bitcoin ETFs, raising position from $22M to $33M.

Source: https://x.com/BitcoinArchive/status/2110057577296138551
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NEW: πŸ‡°πŸ‡· South Korea's Jeonbuk Bank has reportedly begun making won loans to companies against bitcoin collateral, which local press calls a first for a commercial bank there.

A third-party custodian holds the coins, and Oct. 1 enforcement-rule changes let the bank recover through court-ordered sales without taking the bitcoin itself.

Size, rate, and loan-to-value were not disclosed.

A representative told Chosun a loan has already gone out.

Source: https://x.com/BitcoinNewsCom/status/2110060479125045719
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ICYMI: πŸ‡§πŸ‡¬ Bulgaria's First Investment Bank will offer Bitcoin and crypto assets to over 1 million clients πŸš€

Source: https://x.com/BitcoinMagazine/status/2108899848166797761
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BULLISH: 🟠 Peoples Reserve Founder says Bitcoin is maturing as an asset class and could parallel real estate's growth πŸ‘€

"Pristine collateral is the killer app, the killer use case for Bitcoin... there's no other asset in the world can compare to it." πŸ‘

Source: https://x.com/BitcoinMagazine/status/2110018330086244540
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NEW: 🟠 Michel Saylor sees end to AI headwind draining capital from markets.

Says Bitcoin will gain from monetary expansion and BTC reserve stock offers.

Source: https://x.com/BitcoinArchive/status/2110053932500464014
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JUST IN: πŸ‡¦πŸ‡ͺ Standard Chartered becomes the first international bank in the UAE to offer Bitcoin trading directly through eligible clients' bank accounts πŸ‘€

Source: https://x.com/BitcoinMagazine/status/2110335326669439105
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πŸš€ Strive plans an IPO of 5 million shares of SATS, a 15% preferred stock paying daily dividends, with proceeds that can fund more Bitcoin purchases.

πŸ“° https://btctimes.com/strive-launches-sats-preferred-stock-with-a-15-annual-dividend

πŸ“£ https://x.com/BTCTimescom/status/2110399690151690339
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JUST IN: 🟠 $50 billion AUM Wellington-Altus says Bitcoin is entering a "generational super cycle". πŸ‘€

"I can't believe there are still people whipping this thing around between $83,000 and $86,000...Where does this go? God only knows but it's due north." πŸ’₯

Source: https://x.com/BitcoinMagazine/status/2110387423666409640
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JUST IN: πŸ‡§πŸ‡· Latin America's largest corporate Bitcoin holder OranjeBTC says Brazil is "quite advanced in terms of adoption of Bitcoin". πŸ‘€

"One of our main goals is to help adoption...and how Bitcoin can be a meaningful way for them to store their wealth for the long term." πŸ‘

Source: https://x.com/BitcoinMagazine/status/2110403346209362007
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