
PPE Firm's $32M Bitcoin Plan Expires With No Coins Purchased
A PPE company's 45-day standby facility ended Oct. 9 without any Bitcoin bought.
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A PPE company's 45-day standby facility ended Oct. 9 without any Bitcoin bought.

A 45-day standby facility set up to buy Bitcoin ended on its deadline with no shares settled or coin purchased.

Bitcoin fell under $65,000 as Brent crude topped $100 and Treasury yields climbed amid geopolitical tensions.
Social chatter around Bitcoin and Ethereum has dropped to levels last seen in 2020, even as institutional interest reaches new highs.
A Russian national was abducted in Bali and held for 30 hours until he surrendered access to his cryptocurrency account.
Bitcoin's fixed supply of 21 million coins will eventually be fully mined, but the network will keep operating with miners earning transaction fees.

Matt Fisher says the next wave of institutional DeFi users could interact via familiar apps without ever seeing on-chain operations.

Bitcoin briefly topped $67,000 following news of a US-Iran peace deal, though derivatives data shows traders remain cautious.

Glassnode reports Bitcoin's recent rally from $60,000 appears defensive, with inflows and trading volumes still subdued.

Bitcoin and altcoins retreated as a 3% oil jump fueled by Middle East tensions dampened risk appetite.