--- canonical: "https://whycoinmoves.com/en/" language: en --- # Crypto news today: why the crypto market is up or down Source coverage is not truth probability. Observed returns do not establish causation. Last collection: 23/10/2026, 14:47 UTC. Events: 185. ## Market snapshots - [BTC](): $81,764.40; 24h -0.03%; Gate · USDT; 23/10/2026, 14:47 UTC. - [ZEC](): $1,240.34; 24h -0.26%; Gate · USDT; 23/10/2026, 14:47 UTC. - [SHIB](): $0.000005; 24h +1.88%; Gate · USDT; 23/10/2026, 14:47 UTC. - [SUI](): $0.9923; 24h +0.96%; Gate · USDT; 23/10/2026, 14:47 UTC. - [ADA](): $0.21668; 24h +0.46%; Gate · USDT; 23/10/2026, 14:47 UTC. - [BNB](): $749.60; 24h +2.13%; Gate · USDT; 23/10/2026, 14:47 UTC. - [DOGE](): $0.07996; 24h +0.71%; Gate · USDT; 23/10/2026, 14:47 UTC. - [ETH](): $2,408.85; 24h -0.07%; Gate · USDT; 23/10/2026, 14:47 UTC. - [HBAR](): $0.07968; 24h -0.84%; Gate · USDT; 23/10/2026, 14:47 UTC. - [HYPE](): $78.28; 24h +0.16%; Gate · USDT; 23/10/2026, 14:47 UTC. - [LINK](): $12.05; 24h +0.10%; Gate · USDT; 23/10/2026, 14:47 UTC. - [LTC](): $58.69; 24h -0.69%; Gate · USDT; 23/10/2026, 14:47 UTC. - [SOL](): $104.64; 24h +0.13%; Gate · USDT; 23/10/2026, 14:47 UTC. - [TRX](): $0.33; 24h -0.21%; Gate · USDT; 23/10/2026, 14:47 UTC. - [XLM](): $0.17714; 24h +0.22%; Gate · USDT; 23/10/2026, 14:47 UTC. - [XRP](): $1.32; 24h -0.53%; Gate · USDT; 23/10/2026, 14:47 UTC. - [UHI](): $0.034519; 24h +17.26%; CoinGecko · USD; 23/10/2026, 14:20 UTC. - [DACITY](): $0.019374; 24h +175.17%; CoinGecko · USD; 23/10/2026, 14:20 UTC. - [PEARL](): $2.00; 24h -7.04%; Gate · USDT; 23/10/2026, 14:47 UTC. - [PUMP](): $0.004596; 24h -3.04%; Gate · USDT; 23/10/2026, 14:47 UTC. - [AXIS](): $0.266647; 24h -11.25%; CoinGecko · USD; 23/10/2026, 14:20 UTC. - [PONS](): $0.2583; 24h +0.27%; Gate · USDT; 23/10/2026, 14:47 UTC. ## Latest events ### [Bitcoin Magazine reports 219 verified Bitcoin-accepting merchants in Arizona]() Bitcoin Magazine described a first-time Lightning payment experiment in Scottsdale and said a growing directory lists over 219 verified Bitcoin-accepting merchants across Arizona. The article also said the state government passed a Strategic Arizona Bitcoin Reserve in 2025 but that, as far as the author understands, the state has not bought any coins. ### [Bitcoin rally may revive treasury buying but not easy capital raising, Bitfinex executive says]() Cointelegraph reported that Bitfinex head of derivatives Jag Kooner said a Bitcoin rally could bring back treasury buying, while calling a return to last year's broad capital raising unlikely. The published comment came as Bitcoin traded near the period covered by market data from the OKX USDT pair. ### [AnchorWatch opens Nevada trust company for bitcoin custody with fees capped at $10,000 a month]() AnchorWatch said its Nevada state-chartered trust company opened for business, offering qualified bitcoin custody to public companies, fiduciaries, trusts and high-net-worth individuals, Bitcoin Magazine reported. AnchorWatch said fees are fixed in dollars and capped at $10,000 per month rather than charged as a percentage of assets, and that it can write up to $370 million in insurance limits per client through Lloyd's of London syndicates. ### [Strive buys 4,045 BTC for about $335 million as warrant exercises bring in $369 million]() Strive, a Nasdaq-listed Bitcoin treasury company, bought 4,045 BTC between October 12 and 16 at an average price of about $82,803 per coin, lifting its holdings to 36,818 BTC from 32,773 a week earlier, Decrypt reported, citing a regulatory filing. The purchase was worth about $335 million. Decrypt reported that investors exercised 273,493,909 warrants for 13,674,703 new Class A shares, raising about $369.2 million, and that Strive plans a $630 million sale of 15% preferred stock. ### [SkyAI sells entire Solana treasury and launches $201 million buyback]() SkyAI, a former medical device maker that had built a Solana treasury, sold all of its SOL holdings and launched a $201 million buyback of shares and warrants, The Block and Cointelegraph reported. Both outlets said the company holds $223.8 million in cash after the sale, and The Block reported the $3 buyback runs through October 29. ### [XRP Ledger sets bug-fix patch to activate while lending feature awaits validator votes]() The XRP Ledger has a bug-fix package, fixCleanup3\_4\_0, on course to activate around 09:34 UTC on October 23 after reaching exactly 29 of the 35 trusted validators' votes, CoinDesk reported, citing the XRPL Dashboard. The same package patches parts of the still-unauthorized lending system, which CoinDesk said had 19 votes; Decrypt reported developers published a second amendment, LendingProtocolV1\_1, to repair the lending code before it launches. ### [Bitcoin Magazine features artistic project mapping finance and bitcoin's role]() Bitcoin Magazine published an interview with artist Carlijn Kingma, journalist Thomas Bollen and researcher Martijn Jeroen van der Linden about The Waterworks of Money, a project that visualizes the financial system. According to the magazine, the project drew on two years of research, including interviews with more than 100 experts, and Kingma spent more than 2,200 hours on the drawing. One scenario examines bitcoin's place in a future monetary system. ### [Super League stockholders approve Metaplanet's 2,100 BTC investment and Nasdaq rename]() Bitcoin Magazine reports that Super League stockholders approved all proposals tied to Metaplanet's 2,100 BTC investment, clearing the way for the Nasdaq-listed firm to be renamed Superplanet as Metaplanet's U.S. Bitcoin treasury vehicle. Metaplanet will contribute 2,100 Bitcoin and $2.5 million in cash through a U.S. subsidiary for 44,859,400 shares at $3.00 per share, plus preferred stock and warrants. Closing is expected in the fourth quarter of 2026. ### [JPMorgan deploys JPM Coin deposit token on Ethereum mainnet]() JPMorgan said it deployed its JPM Coin deposit token on the Ethereum mainnet for institutional clients, expanding beyond Base, according to CoinDesk. Emma Landriault of the bank's Kinexys Labs told Bloomberg the bank chose Ethereum for its greater liquidity. CoinDesk reported Kinexys handles over $7 billion a day and cited DeFiLlama data showing almost $50 billion locked in Ethereum-based applications. The Block reported the dollar-denominated token also supports transfers within the Ethereum Virtual Machine ecosystem, including Base. ### [Bittensor releases subtensor v481]() Bittensor's subtensor project announced the release of version 481, according to the project's own release notice. The announcement gave no details on the changes included in the release. ### [Bitcoin wallet dormant since 2013 moves 411 BTC]() A Bitcoin wallet dormant since September 2013 moved 411.45 BTC on Sunday, according to blockchain data from Arkham Intelligence cited by CoinDesk and Galaxy Research cited by Decrypt. CoinDesk put the value at about $34 million at a price of roughly $82,600 per coin; Decrypt reported about $33.4 million. The coins went to a new address and have not been sent to an exchange, CoinDesk reported. ### [Metaplanet plans 93.7% Super League stake via 2,100 BTC deal]() Cointelegraph reports that Metaplanet would take a 93.7% stake in Super League through a transaction involving 2,100 BTC, giving it access to US capital markets, where it plans to use preferred stock offerings to fund further Bitcoin purchases. The report is a media account, not an official disclosure. ### [Bitcoin down 2% in October as ETF redemptions reach $228.4 million]() Bitcoin Magazine reports bitcoin traded near $82,393, up about 2% over the past day but down over the seven-day period and down 2% since the start of October. The outlet attributes last week's U.S. ETF outflows to speculative selling, citing Farside Investors data showing $228.4 million redeemed from BlackRock, Fidelity and Grayscale products. The report calls the October move a slow start to a historically strong month. ### [El Salvador's National Bitcoin Office schedules five November events]() Bitcoin Magazine reports that El Salvador's National Bitcoin Office, led by Stacy Herbert and Max Keiser, has scheduled five Bitcoin-focused events in November, including the Bitcoin Capital Summit, Bitcoin Histórico, the Renaissance Rodeo, EmTech AI LATAM, and the Global Bitcoin Circular Economies Summit. Bitcoin Histórico tickets are sold only in Bitcoin, with tiers priced at $350, $21 for locals with Salvadorian ID, and $2,100. ### [Bitcoin held below $83,000 as US bond yields turned higher]() Cointelegraph reported that Bitcoin failed to gain even as equities improved, with a sell wall at $83,000 keeping the price in a tight range while US bond yields reversed higher. The report attributes the capped price action to selling pressure around that level rather than to any project announcement. ### [Bitcoin retests support as oil and yield pressures weigh on markets]() Decrypt reports that bitcoin keeps returning to the same support floor while oil at $108 and yields at 5% weigh on risk assets, describing the chart as a coiled spring rather than a trend. The report is a market commentary piece, not an official statement, and offers no on-chain or exchange data to confirm the support level. ### [Bitmine adds 12,535 ETH, reaching 6.04 million tokens in treasury]() Bitmine Immersion Technologies bought 12,535 ETH, worth about $30 million, lifting its holdings to 6,041,481 ETH, Decrypt reported, citing the NYSE-listed company. The firm said that is 4.9% of Ethereum's 122.1 million token supply and 99% of the way to its 5% target, and The Block reported the treasury and total investment holdings of $15.1 billion. ### [Strive adds 1,223 bitcoin for $100 million, holdings reach 36,818 BTC]() The Block reported that Strive bought another 1,223 bitcoin for about $100 million, paying approximately $81,734 per bitcoin on average, following the 2,822 BTC it acquired earlier in the week. The report puts total holdings at 36,818 BTC. The figures come from the outlet's reporting rather than an official company statement. - [Security]() - [Regulation]() - [Exchanges]() - [Project updates]() - [Market watch]() - [General news]() [Full reading list]()