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🛠️⚡ Hacks, Headwinds, And A Bigger Shift

Hello there you embodiment of curiosity;

Welcome to today's edition of Osiris News, if you’re staring at the charts and feeling like the week started with a Monday that feels like a Tuesday after a very long Sunday, you are not alone. The air carries a low-grade anxiety, not from one loud crash but from a series of unsettling floorboard creaks. November was supposed to be Bitcoin’s strongest month. Instead, it has stumbled out of the gate, tired and uncertain.

The story today is two kinds of fear. One is immediate and sharp: nine-figure hacks, red candles, creative tax grabs. The other is deeper and stranger: a technological wave powerful enough to rewrite the economy. The market sits between the pain of a bad day and the vertigo of a new era. A developer in Europe is patching a hole where $129 million leaked out.

🔍 Quick Overview

• Bitcoin’s Red October: First red October in 7 years. Sub-$108K after Powell chills cut hopes.

• Coinbase Blows Out Q3: $1.9B revenue. Base profitable. Cash machine in a cold market.

• MicroStrategy’s BTC Machine: Big income, S&P 500 in sight, growing a BTC-backed finance stack.

• RWAs Break Through: Tokenized assets hit $35B. JPMorgan and peers push value on-chain.

• SBF’s Spin: Claims FTX was solvent. Blames lawyers. Credibility near zero.

Trending News

🟠📊 Bitcoin ETFs Top $62 Billion Inflows Amid Mainstream Acceptance

U.S. spot Bitcoin ETFs have accumulated over $62 billion in net inflows, pushing total assets past $150 billion. This financialization, backed by figures like Trump and Fink, marks Bitcoin's transition into a significant financial asset. The surge in ETF investments solidifies Bitcoin's role in traditional finance, despite concerns from early adopters about its original ethos.

🌐📉 Crypto Funds See $360M Outflows Amid Powell's Rate Cut Uncertainty

Global crypto investment products experienced $360 million in net outflows last week, reversing a prior inflow trend. This shift is attributed to Federal Reserve Chair Jerome Powell's cautious remarks on future interest rate cuts. Bitcoin and Ethereum prices fell significantly, highlighting crypto's sensitivity to macroeconomic policy and investor selectivity.

💵📈 Ethereum Stablecoin Volume Reaches Record $2.82 Trillion in October

Ethereum's monthly stablecoin volume surged to a record $2.82 trillion in October, a 45% increase from the previous month. This activity occurred despite a broader crypto market downturn, with USDC and USDT leading the volume. The record volume indicates stablecoins are increasingly used for hedging, yield farming, and non-speculative purposes, signaling market maturation.

🏦🚀 Ripple Launches Institutional Prime Brokerage Platform in U.S.

Ripple introduced Ripple Prime, a digital asset spot prime brokerage platform for institutional clients in the United States. This expansion, built on its Hidden Road acquisition, offers OTC trading for major cryptocurrencies including XRP. The platform aims to bridge traditional financial markets with crypto under a single operational umbrella, attracting more institutional capital.

This tiny pause brought to you by “please let this help pay the bills” 👀

Beyond the Noise

The day’s sharpest blow was Balancer. The DeFi veteran was hit by a $129 million exploit across seven chains, from Ethereum to newly launched Berachain. A faulty access check in “manageUserBalance” was the key under the mat. Berachain halted to coordinate a hard fork. Polymarket’s question on another $100M+ hack ripped from 25% to 99% odds. Confidence snapped.

That pain spread to an already fragile tape. Bitcoin slipped from $110,000 toward $106,000, pulling alts with it. BTC ETF outflows hit $946 million last week. Traders muttered about whale fakeouts around data prints to shake leverage. The Fear & Greed Index slid back to “Fear.” The quiet moral lens: that $129 million is not just a number. It is savings and working capital that trusted code.

Meanwhile, a bigger macro story is gathering force. AI is no longer forecast; it is impact. UPS, Intel, Amazon are cutting tens of thousands of jobs, citing automation. Since ChatGPT, S&P 500 productivity is up 5.5%. That reads great in earnings, terrifying on payrolls. The result could be deflation. When tech slashes production costs, prices fall. In a debt-heavy system, persistent deflation is poison. The classic response is rates toward zero and massive QE. Paradoxically, the same AI that displaces workers could drive the liquidity wave that favors hard assets like Bitcoin.

The revolution now measures itself in watts. AI demand for compute implies the equivalent of 90 new nuclear plants by 2030. Data centers chase cheap power. China is optimizing its grid. States like Ohio are booming on data center builds. White House memos are reading like infrastructure plans. The new currency of power is power.

Policy reactions are splitting. France passed a new 1% wealth tax that treats large, unrealized Bitcoin holdings as “unproductive wealth.” Germany’s AfD filed a motion to recognize Bitcoin as a strategic asset with tax exemptions and self-custody. One nation sees a hoard to tax. Another sees a future to cultivate. Regulatory schizophrenia is the norm.

Under the surface, foundations keep pouring. While Bitcoin ETFs see outflows, new spot Solana ETFs added another $200 million last week, pushing AUM past $500 million. Institutional SOL demand is real. Stablecoin giants are printing money the old-fashioned way: yield. Tether reported over $10 billion profit for the first three quarters of 2025, driven by returns on $135 billion in Treasuries. With a 99% margin, it is a quiet engine beneath the noise.

This Caught My Eye:

Here’s a breakdown of the chart:

• Tokenized Treasurys are now being used as collateral, not just held for yield, which means they are entering the core plumbing of markets.

• The bridge between banks, exchanges, and blockchains is becoming operational, showing this is moving from concept to real financial infrastructure.

Looking Ahead

Near term, fear and fragility dominate. Charts look weak. A flagship DeFi protocol just cracked. Regulators are sharpening knives. It feels safer to stand still.

Zoom out and the picture flips. AI is reshaping labor, prices, and energy. That may force monetary responses ideal for scarce, decentralized assets. The question is whether crypto can stomach the short-term storms to ride the long-term wind. The future is being written in electricity, regulation, and code. Can the industry mature fast enough to survive its mistakes and meet the moment forming on the horizon?

Until tomorrow,
- Dr.P