Quantum threat to Bitcoin still years away, says Borderless Capital partner

Historically, October has been a great month for Bitcoin, often referred to as 'Uptober' due to its consistent price surges. However, as October 2025 comes to a close, Bitcoin is currently about 4% down, breaking its seven-year streak of closing the month in profit. This shift is significant for investors and enthusiasts who rely on past trends to predict future performance, raising concerns about the stability of the cryptocurrency market.

Vineet Budki warns that Bitcoin's four-year cycle remains intact, predicting a significant 70% drop in the next market downturn. He emphasizes that many investors lack a solid understanding of Bitcoin's economic properties, which could lead to panic selling at the first signs of trouble. This insight is crucial as it highlights the volatility of cryptocurrencies and the importance of informed investing, especially in uncertain market conditions.

Zcash has made headlines by surging to $388, marking a seven-year high and surpassing Monero in the privacy coin rankings. This significant increase highlights growing investor confidence in privacy-focused cryptocurrencies, which are becoming increasingly relevant in today's digital economy. As more individuals seek secure and anonymous transactions, Zcash's rise could signal a shift in market dynamics, potentially attracting more users and investors to the privacy coin sector.

Bitcoin is showing signs of recovery as Bessent confirms that a US-China trade deal will be signed next week. This news is significant because it could stabilize markets and boost investor confidence, potentially leading to a more favorable environment for cryptocurrencies like Bitcoin.

Bitcoin's price has bounced back to $109,000 after a disappointing October, often referred to as 'Uptober.' This recovery is significant as traders are now looking forward to potential gains in November. The rebound indicates resilience in the cryptocurrency market, suggesting that investors remain optimistic despite previous setbacks. This shift could influence trading strategies and market sentiment in the coming weeks.

Bitcoin bulls are currently defending the $107,000 level, but there's a growing concern as net outflows from spot Bitcoin ETFs could signal a potential breakdown soon. This situation is crucial for investors as it highlights the volatility and risks associated with cryptocurrency investments, particularly in the face of changing market dynamics.

Citi and Western Union are taking the lead in the corporate stablecoin race, marking a significant shift in the financial landscape as Bitcoin miners and lenders adapt to the post-halving environment. This development is crucial as it highlights the growing acceptance of digital currencies by traditional financial institutions, potentially paving the way for broader adoption and innovation in the crypto space.

U.S. President Donald Trump announced a trade deal with China's President Xi Jinping, which typically would be seen as a positive development. However, the news was overshadowed by a significant drop in Bitcoin and Ethereum prices, raising alarms about a potential bear market in cryptocurrencies. This situation highlights the volatility of the crypto market and how external factors, like international trade agreements, can impact digital currencies, leaving investors concerned about their investments.

A recent discussion on X sparked by crypto analyst Scott Melker has brought attention to the XRP Ledger and its utility. Melker's question about the current pitch for XRP, separate from Ripple, engaged his million followers, leading to a vibrant exchange of ideas. This conversation is significant as it highlights the evolving narrative around XRP and its role in the cryptocurrency landscape, encouraging both supporters and skeptics to share their insights.

The New Hampshire Senate has decided to stall a bill aimed at deregulating crypto mining after a split vote, reflecting growing public concern over the proposal. Lawmakers believe further study is necessary before making any changes to local controls on crypto mining. This decision is significant as it highlights the ongoing debate about the balance between technological advancement and community impact, especially in a state where crypto mining has become a contentious issue.

Historically, October has been a great month for Bitcoin, often referred to as 'Uptober' due to its consistent price surges. However, as October 2025 comes to a close, Bitcoin is currently about 4% down, breaking its seven-year streak of closing the month in profit. This shift is significant for investors and enthusiasts who rely on past trends to predict future performance, raising concerns about the stability of the cryptocurrency market.

Vineet Budki warns that Bitcoin's four-year cycle remains intact, predicting a significant 70% drop in the next market downturn. He emphasizes that many investors lack a solid understanding of Bitcoin's economic properties, which could lead to panic selling at the first signs of trouble. This insight is crucial as it highlights the volatility of cryptocurrencies and the importance of informed investing, especially in uncertain market conditions.

MEXC has issued an apology to the 'White Whale' trader after freezing $3 million in funds, a move that has garnered praise from many in the crypto community. While the apology is a step in the right direction, it also highlights ongoing concerns about exchanges freezing user funds, which can undermine trust in the platform. This incident is significant as it reflects the growing scrutiny on crypto exchanges and their practices, emphasizing the need for transparency and accountability in the industry.

Despite recent price declines, Cardano's network activity has surged, showcasing a significant increase in adjusted on-chain volume. This growth highlights the resilience and ongoing interest in the Cardano blockchain, indicating that users are still actively engaging with the platform. Such developments are crucial as they suggest a strong foundation for future growth and adoption, even in volatile market conditions.