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From Uptober to Hacktober: Are Bitcoin’s seasonal patterns becoming obsolete?

Bitcoin lost 7.3% in October 2026 after another decline the previous year, despite the month’s historically strong returns, as analysts reassess seasonal signals. Bitcoin’s back-to-back October losses have put its “Uptober” reputation under the microscope as analysts weigh seasonal trends against institutional demand and economic conditions. Bitcoin fell 7.3% in October 2026, following a roughly 4% decline a year earlier, according to CoinGlass data. The losses defied October’s historically bullish reputation, which earned it the nickname “Uptober.” This year, industry figures turned to darker labels, including “Black October” and “Hacktober,” amid a wave of crypto security incidents, including Binance’s record-breaking $6.3 billion hack.

Read at Cointelegraph.com

Trezor lifts password ceiling after Coldcard’s $100M wallet thefts

Trezor cited July’s Coldcard attacks, in which strong passphrases helped protect some users whose wallet recovery information was compromised. Hardware wallet maker Trezor has increased the maximum length of optional wallet passphrases from 50 to 128 characters. On Sunday, Trezor said the change is available in its Trezor Suite with updated device firmware. Older firmware still limits passphrases to 50 characters. According to Trezor, a passphrase acts like an additional password that users set alongside their wallet’s recovery phrase. An attacker who obtains the recovery phrase would still need the correct passphrase to access funds in that wallet.

Read at Cointelegraph.com

Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials

The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users. Hong Kong has expanded its Project Ensemble pilot to allow round-the-clock settlement of tokenized transactions, as the city’s monetary regulator prepares to bring regulated stablecoins into trials involving tokenized government debt. On Monday, the Hong Kong Monetary Authority (HKMA) said that it had advanced its EnsembleTX project to a new stage allowing 24/7 real-value transactions. The HKMA said the update would help banks and their clients move funds globally, manage tokenized investments and handle treasury operations outside conventional settlement hours. Participating banks initially settled payments through Hong Kong’s existing dolla…

Read at Cointelegraph.com

BTC heads into US midterm showdown: Three things to know in Bitcoin this week

Bitcoin price action held its 100-day moving average into the monthly close as crypto markets braced for US midterm election and tech earnings volatility. Bitcoin (BTC) held above its 100-day moving average on Monday ahead of US midterm elections, jobs data and earnings from Apple and Palantir. Key points: Tuesday’s US midterm elections will determine control of Congress, with prediction market traders heavily favoring a Democratic victory in the House of Representatives.

Read at Cointelegraph.com

OKX draws $445M in net inflows as Binance outflows exceed $7B

OKX led cryptocurrency exchanges with $445 million in daily inflows, while Binance processed about $7 billion in net outflows. OKX recorded about $445 million in 24-hour net inflows, the largest among tracked crypto exchanges, while Binance continued to register outflows after reopening withdrawals following its $6.3 billion hack. Crypto exchange Bybit was in second place with $112 million in net inflows, followed by Gate with $91 million and Bitget with $54 million in 24-hour net inflows, according to DefiLlama. Binance recorded the biggest net outflows among tracked exchanges, with more than $7 billion, up from $5.8 billion earlier Monday. Binance said it began restoring withdrawals in phases at 6:00 a.m. UTC on Sunday.

Read at Cointelegraph.com

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