DEGEN Crypto Club

DEGEN Crypto Club979,611 members

₿ Bitcoin ETFs bleed $409M in a week as BTC slides under $81K U.S. spot Bitcoin ETFs posted $409.2 million in net outflows between Oct. 12–16, with the most recent daily figure at $82.39 million. BTC touched a low near $80,250 and is struggling to reclaim $84,000. Outflows have eased week-over-week, but selling pressure remains. Escalating U.S.-Iran tensions added macro headwinds on top of the institutional repositioning already weighing on price. Until ETF flows turn net positive again, the $84K level looks like the near-term ceiling to watch. Source Trade on Binance

DEGEN Crypto Club979,611 members

⚖️ Prime Trust wins $9M default judgment against Poloniex The Prime Trust bankruptcy estate has secured a $9M default judgment against Justin Sun-owned Poloniex — after the exchange failed to respond to a clawback lawsuit. Default judgments are typically granted when a defendant simply doesn't show up. Poloniex's silence in court hands Prime Trust's creditors a legal win, though collecting on it is a separate battle entirely. Source Trade on Binance

DEGEN Crypto Club979,611 members

📊 Deutsche Bank launching BTC and ETH custody within weeks Germany's largest bank is days away from its first live institutional crypto product. Deutsche Bank's rollout starts with Bitcoin and Ethereum custody, with its own product materials already listing three stablecoins alongside the two majors. The broader roadmap includes stablecoin transfers, tokenized deposits, and expansion into Asian financial hubs by 2027. The bank is building this out through its digital asset division, targeting institutional clients from day one. Major TradFi names moving into custody is a structural tailwind for institutional flows — and Deutsche Bank entering the space adds serious weight to that trend. Source Trade on Binance

DEGEN Crypto Club979,611 members

₿ Bitcoin buyers defend $80K — price snaps back to $82,500 BTC briefly dipped under $80,000 before buyers stepped in hard, pushing the price back to $82,500 within two hours. The move tracked a broader risk-on recovery across Asian markets, where Seoul chipmakers bounced after their worst close since April. The speed of the recovery suggests strong bid interest at the $80K level — a zone the market is clearly treating as support for now. Source Trade on Binance

DEGEN Crypto Club979,611 members

₿ Hot CPI Data Sparks ~$1B Crypto Liquidation Wave Hotter-than-expected inflation data brought Fed rate-hike bets roaring back, and leveraged crypto longs took the hit — nearly $1 billion in positions were liquidated as Bitcoin whipsawed on the news. When macro turns hawkish, overleveraged bulls are always first in line. Rate-sensitive assets don't forgive crowded trades. Source Trade on Binance

DEGEN Crypto Club979,611 members

💲 Mastercard opens its network to stablecoin spending at retail Mastercard and BVNK have launched the Mastercard Global Money Platform — a single API that connects fiat and stablecoin accounts, letting customers spend digital dollar balances at hundreds of millions of merchant locations worldwide. Banks, fintechs and enterprises can use it to build branded payment products without stitching together separate providers for each money-movement step. Card issuing is available across 130+ countries, with bank payouts included in the same integration. Stablecoins just got a direct line into mainstream retail infrastructure — no crypto-native checkout required. Source Trade on Binance

DEGEN Crypto Club979,611 members

₿ Bitcoin slides below $81K as inflation data sparks $483M liquidation Hot U.S. CPI data rattled risk assets Wednesday, sending Bitcoin below $81,000 and triggering $483M in BTC and ETH futures liquidations. The $80K level is now the line in the sand — a clean break below could open the door to deeper losses. At least one analyst is flagging $65K as the next major support if $80K gives way. Macro pressure remains the dominant driver, with traders watching whether the Fed's rate path hardens further after the inflation print. Source Trade on Binance

DEGEN Crypto Club979,611 members

💲 Ukraine Drone Strike Knocks Out Russian Sanctions-Evading Stablecoin A Ukrainian drone attack on a Yandex data center in Sasovo on the night of Oct. 7–8 disrupted transactions involving A7A5, a stablecoin built to circumvent Western sanctions against Russia. The strike — part of what Elliptic is calling "kinetic sanctions" — sent shockwaves through the infrastructure supporting the token. A7A5 was designed specifically to help Russia sidestep financial restrictions imposed after its invasion of Ukraine. The Yandex facility, often dubbed "Russia's Google," served as critical backend infrastructure, and its disruption caused transaction activity on the stablecoin to collapse. The incident underscores a new dynamic in sanctions enforcement: physical infrastructure attacks achieving what