Lyn Alden explains why Bitcoin makes more sense to people outside America than within it.

NEW: CZ snaps back at Senator Warren for incorrectly saying he was convicted of money laundering 👀

Zurich-based is one of the first Bitcoin-only apps to obtain the MiCA license from the French regulatory body, the AMF. https://bitcoinnews.com/press-release/relai-acquires-mica-license-in-france/

Bitcoin and Gold with a 188-day lag. If this trend holds, Bitcoin will roar into the new year, and 4-year cycle believers will be in shambles.

JUST IN: When asked about the pardon, Trump referred to CZ as “the crypto person,” saying what he did “is not even a crime.” Trump said he granted the pardon, even though he’s never met CZ, “at the request of a lot of good people.”

BREAKING: Garrett Jin, the same whale who placed tens of millions in BTC shorts minutes before Trump’s tariff announcement on October 10th, was also behind the massive Polymarket bet on a CZ pardon. He appears to be trading on Trump admin insider info.

The public beta of Arkade by introduces “Virtual Transaction Outputs” (VTXOs), enabling off-chain, instant lending and trading on Bitcoin without sacrificing on-chain security. https://bitcoinnews.com/adoption/ark-labs-arkade-public-beta-layer-2/

NEW: Google’s Quantum AI team achieved the first verified quantum advantage with its “Willow” processor, running a physics simulation faster than any supercomputer. This a major step toward practical quantum computing. What does it mean for Bitcoin?

In the middle of 2025, Bitcoin’s correlation to the Nasdaq broke. BTC is now trading at a 31% discount relative to its Nasdaq-implied fair value. Based on its historical relationship to the Nasdaq 100, Bitcoin’s fair value sits around $156K. A similar 31% discount hasn’t been seen since 2023. Via ecoinometrics

🐳 Whales Trade Cold Wallets for Wall Street Convenience Some of Bitcoin’s biggest holders are moving billions into ETFs after July’s rule change allowing tax-free, in-kind transfers. BlackRock alone has converted over $3B of physical Bitcoin into $IBIT shares, while Bitwise and Galaxy see growing demand. These “portfolio trades” let investors swap their Bitcoin for ETF shares, retaining exposure while gaining TradFi perks like collateral use, loans, and easier estate planning. It marks a major shift: whales once financially off-grid are now embracing Wall Street’s convenience, security, and legitimacy.

NEW: 🇺🇸 US retail chain Bealls Inc., operating more than 660 stores, now accepts Bitcoin for in-store purchases.

The talk of the global financial world right now is gold. The yellow metal has gone parabolic, up more than 60% year to date. For two straight months, it has been on an absolute tear. Prices have ripped through $4K/oz like butter as lines form outside gold dealers from London to Tokyo to New Delhi. People are literally standing in the streets for hours to buy coins, bars, anything they can get their hands on. It is a mix of fear and FOMO along with the creeping realization that fiat currency itself is being debased. Gold now makes up 6% of all global investable assets, its highest share since 1986. Back in 1980, during the last true gold bubble, that number hit 22%. Two decades later, at the peak of Pax Americana, it fell to just one. Now it is climbing again. What is odd is that the dollar is relatively steady. Oil is falling. Long-term Treasury yields are slipping. This is not what you would expect in a typical inflation-hedge rally. Gold does not surge like this unless something underneath the surface is radically shifting. These kinds of moves appear before monetary regime changes. Late 1979, when confidence in the dollar first cracked. 2008, when the credit system collapsed. Early 2020, when the world went into a virus-induced panic. Each time, gold was the first to see it coming. And yet, Bitcoin is still asleep. If this is really the debasement trade, why is Bitcoin not moving? Because behind the scenes, this is about nations getting their ducks in a row for a new order. China is hoarding physical supply, including gold, silver, and rare earths, anything tangible that cannot be sanctioned or defaulted on. India is buying too. And they are buying gold because, to them, the geopolitical risk is the United States. Over the last decade, we have seen this play out before. Gold runs first as the system quietly shifts into crisis-prevention mode before the event hits. Then, when policymakers lose control and are forced to print, Bitcoin takes the lead. There have only been four times in history when Bitcoin was this undervalued relative to gold. Each one marked a generational bottom. We just hit that level again. In the summer of 2020, gold topped and Bitcoin launched from $10K to $50K. Gold is showing us that faith among sovereigns in the dollar standard is eroding. And when the next policy pivot arrives, Bitcoin will be the cleanest, hardest escape vehicle there is. Because despite one being physical and the other digital, Bitcoin still has one absolute advantage over gold: absolute scarcity. Approximately 67% of the world’s gold supply has been mined since 1950, with total gold holdings increasing from 72,000 tonnes to 216,000 tonnes in the last seventy-five years. There will only ever be 21 million Bitcoin. Gold is telling you the storm is coming. Bitcoin is still whispering. But soon, it will not be whispering anymore. And by then, you will be upset if you didn’t take advantage of this opportunity.

You might get fewer fake Coinbase texts soon. Europol just busted a SIM farm-for-hire that powered 49M fake accounts used for global fraud. This enabled smishing text scams that trick victims into clicking malicious links or sharing personal data.

Tether now holds 86,000 BTC, 7 tons of gold, and over 100 billion dollars worth of U.S. Treasuries in its coffers. https://bitcoinnews.com/markets/tether-buys-bitcoin-8888-btc/

U.S. investigators might have quietly cracked Lubian’s weak wallet code, turning a flaw in Bitcoin key generation into a $15B takedown of Chen Zhi’s empire. https://bitcoinnews.com/legal/us-seized-127k-btc-lubian-prince-group/

NEW: The BULL Wallet is now available worldwide on iOS and Android, including the USA. BULL is Bitcoin-only, self-custodial, open-source, and requires no KYC. Transact seamlessly across the Bitcoin, Lightning, and Liquid Networks using non-custodial atomic swaps for confidential, secure transfers. Connect your Coldcard Q to spend from cold storage via air gapped signing without SD cards or cables. Small Liquid payments can auto-swap to Bitcoin once you reach a customizable threshold, preventing small UTXOs.

NEW: Powell is asked about the surge in gold and Bitcoin, with the moderator noting Greenspan once viewed gold as a gauge of inflation risk. He dodges, saying he “won’t comment on a particular asset price” and that “inflation is driven by supply and demand.”