Golden Finance reported that on October 19, Galaxy Research's head of research, Alex Thorn, pointed out that Bitcoin's weakness in October is related to weak corporate Bitcoin reserve accumulation and net outflows from spot ETFs. He used the "institutional absorption relative to long-term holding address distribution" indicator for analysis, which adds net inflows of spot ETFs and net increases in corporate reserves, then subtracts the amount of Bitcoin reactivated on-chain after being dormant f

21:00-7:00 Keywords: AI, OpenAI, JPMorgan Chase 1. Vitalik launches AI Paranoia Mode, hiding chat and payment traces 2. Binance announces closure of mining pool on November 10, miners have only a few weeks left to migrate 3. French Parliament passes stablecoin tax amendment by one vote, plans to cancel deferred redemption 4. Circle reveals USDC earns only 7 cents net profit per dollar, responds to zero-fee competition 5. Stablecoin supply stagnates but payment volume rises to $482 billion; Maste

Golden Finance reports that on October 19, according to CoinDesk, analysis firm Allium's report shows that although the circulating supply of stablecoins will see almost no growth by 2026, their payment usage is accelerating. In the first nine months of 2026, stablecoin payment volume reached $482 billion, a year-on-year increase of 45%; the number of payment transactions increased by 71% to over 1 billion. On-chain stablecoin card spending reached $3.9 billion, ten times that of the same period

Golden Finance reported that on October 19, according to Bitcoin News on platform X, former Mt. Gox CEO Mark Karpelès stated that he is developing a low-cost device capable of detecting hidden LTE antennas (spy components) implanted in hardware wallet supply chain attacks without opening the device casing. This device identifies potential implants by emitting weak radio waves and measuring resonance frequencies. Karpelès plans to make the circuit board design and specifications public so that an

Golden Finance reported on October 19, according to Decrypt, that a working paper from the Bank for International Settlements (BIS) pointed out that when U.S. banks raise deposit rates, the growth rate of stablecoins slows down, with Circle's USDC being the most sensitive. The paper, based on weekly U.S. data from January 2019 to June 2025, authored by Iñaki Aldasoro and Rashad Ahmed, found that the typical 10-week increase in stablecoin market value within the sample is about 15%, but for every

Golden Finance reported that on October 19, according to NewsBTC, the US spot XRP ETF recorded a net outflow of approximately $1.84 million during the trading week from October 12 to 16, ending a continuous 13-week net inflow streak that began in July. On Monday and Tuesday, funds remained flat; on Wednesday, there was a net inflow of about $740,400; on Thursday, a net outflow of about $104,500; and on Friday, a net outflow of $2.47 million, mainly from Canary Capital's XRPC product. As of Octob

Golden Finance reported that on October 19, according to Crypto Briefing, USDC issuer Circle disclosed that in the first half of 2026, it retained only 7 cents of net profit per dollar of revenue. This data was revealed by Chief Business Officer Kash Razzaghi in a blog post on October 16. Circle's revenue and reserve income in the first half of the year was about $1.4 billion, of which $819 million (approximately 59 cents per dollar) was allocated to distribution partners and transaction costs.

Golden Finance reports that on October 19, according to Bitcoinist, the French National Assembly narrowly passed an amendment (No. 3898) to the 2027 budget with 38 votes in favor, 37 against, and 25 abstentions, proposing to cancel the existing tax deferral on exchanging crypto assets for stablecoins. The amendment was proposed by Deputy Nicolas Sansu, who argues that converting volatile crypto assets into fiat-pegged stablecoins should not be treated differently from exchanging into fiat curren

Golden Finance reported that on October 19, according to Crypto Briefing, Solana led all chains in September with a record 557 million stablecoin transfers, exceeding BNB Chain by 14 million transfers. The number of transfers increased by 33% compared to August, indicating a rise in activity on the chain. The report pointed out that the data counts the number of transactions, not the dollar amount transferred. The original text stated that this indicates growing market confidence in Solana's net

Golden Finance reported that on October 19, according to NewsBTC, data from Farside Investors showed that during the week of October 12 to 16, the US spot Ethereum ETF had a net outflow of $320.1 million, while Bitcoin ETFs had a net outflow of $228.4 million during the same period. The outflow scale of Ethereum ETFs was larger than that of Bitcoin, mainly because the redemption speed of Bitcoin slowed down, placing Ethereum at the forefront of outflow rankings. The report pointed out that this