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CoinMarketCap’s Altcoin Season Index stood at 57, up three points from yesterday. The index, published by the cryptocurrency data platform, is calculated by comparing the price performance of Bitcoin and the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. A CoinNess analysis shows the market is considered to be in altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, while the opposite is classified as Bitcoin season. The closer the index is to 100, the more firmly the market is seen as being in altcoin season.

South Korean cryptocurrency exchange Bithumb is analyzing the exact scope of a personal data leak following a hack into its internal mobile system, including whether user information was affected, Yonhap News Agency reported. Bithumb said it recognized yesterday that personal data had been exposed through abnormal access by an unauthorized outside party to its internal mobile groupware system.

U.S. spot Bitcoin ETF third-quarter holdings filings are coming in faster than in the previous quarter, Alex Thorn, head of research at Galaxy Digital, said on X. According to data Thorn shared, 773 institutional investors had filed third-quarter holdings disclosures with the U.S. SEC as of Oct. 27, local time, up about 12% from 690 at the same point in the second-quarter filing period. Reported holdings so far amount to about 23,300 BTC, equal to 7.6% of the roughly 307,300 BTC disclosed by the end of the second-quarter reporting period. At the same point in that quarter, filings had accounted for 9% of the final reported total. Thorn said there are also early signs of rising spot BTC ETF holdings among long-term investors. Investment adviser SigFig Wealth Management disclosed spot BTC ETF holdings for the first time this quarter, with about $73 million in new client positions. He added, however, that the top 50 institutions by second-quarter holdings, including the top 20 that accounted for about 50% of total BTC-equivalent holdings in the period, have yet to file third-quarter disclosures. Most large asset managers and investment advisers tend to file shortly before the Nov. 16 deadline, Thorn said, adding that about 97% of all filings are expected by that date.

Whale Alert reported that 3,395 BTC has been transferred from an unknown wallet to Coinbase Institutional. The transaction is valued at about $274 million.

CoinMarketCap’s in-house Crypto Fear and Greed Index rose two points from yesterday to 45, remaining in neutral territory. A reading closer to zero signals extreme fear in the market, while a reading closer to 100 indicates extreme optimism. CoinMarketCap calculates the index based on price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section represents cumulative volume delta, or CVD. - The upper volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels. - The lower CVD indicator reflects buy and sell orders by order size. As buy orders increase, the line in the corresponding color rises. The yellow line is based on orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.

Nasdaq-listed DataVault AI (DVLT) has been unable to withdraw Bitcoin held at crypto exchange Biconomy for four months, while the company’s stock has plunged, Bitcoin Core developer and Casa co-founder Jameson Lopp said on X. Lopp said all of DataVault AI’s treasury funds are being held at Biconomy, and the company has requested a BTC transfer for four months without completing the withdrawal. DataVault AI said in a U.S. SEC filing on Oct. 26 that it plans to revise past financial statements over the withdrawal issue and errors in its Bitcoin accounting treatment. DVLT closed at $0.0670 on Oct. 27, down 49.55%, according to Yahoo Finance.

South Korea’s Democratic Party and the government discussed whether to further delay the planned January implementation of virtual asset taxation next year, but decided to conduct additional party-level review because of internal differences, News1 reported. Oh Gi-hyung, the ruling party’s senior member on the National Assembly’s planning and finance committee, said after a party-government meeting at the National Assembly today that some favored moving ahead with taxation after three previous delays, while others wanted further refinements on several outstanding questions, and the party would review the matter further.

Staking reward payments on Solana wallet Solflare have been suspended after a private key-related security incident at an external staking service provider, Crypto Briefing reported. The incident means Solflare validators can no longer earn new rewards or distribute them to users who delegated stake. User assets were not affected, according to the report. Solflare said delegated SOL remains in each user’s staking account and users still retain control of their assets. The incident occurred in the external provider’s key management process, not in user wallets.

Base plans to increase block production speed tenfold through its Denim upgrade in November. The goal is to cut the current block interval to 0.2 seconds from two seconds, allowing the network to produce five blocks per second.

South Korea’s Deputy Prime Minister and Finance and Economy Minister Lee Hyoung-il said the government will listen carefully to public opinion conveyed by the Democratic Party and review it fully in consultations on taxation of virtual assets, or digital assets, Digital Asset reported. Speaking at a ruling party-government policy meeting on digital asset taxation held at the National Assembly Members' Office Building in Seoul on today, Lee described it as an issue drawing significant public attention. Lee added the government has been gathering on-the-ground views from the industry and experts while reviewing concerns raised and calls for improvements to the system.

Bitcoin is once again posting stronger returns than the S&P 500, according to on-chain analytics firm Glassnode. Glassnode said Bitcoin has outperformed the S&P 500 on more trading days than it has lagged over the past few weeks. In June, Bitcoin beat the index on just one of five trading days, marking its weakest showing in more than five years. Glassnode added Bitcoin’s gains could strengthen further as investors rotate into the asset classes showing the strongest momentum.

South Korea’s government is weighing another delay to virtual asset taxation that had been scheduled for January next year, and the ruling Democratic Party also moved toward postponement at a general meeting of lawmakers on Oct. 27, according to Dong-A Ilbo. Kim Han-kyu, the Democratic Party’s senior deputy floor leader for policy, told reporters after the meeting that no one opposed delaying the tax and that personal views instead favored a postponement. Kim added the overall mood appeared to be coalescing around a delay. The party is set to hold a policy consultation with the government today and convey that position.

Coinbase CEO Brian Armstrong said the shift of stocks, fiat currencies and other assets onto the blockchain is accelerating. Armstrong said tokenized stocks and stablecoins are posting particularly rapid growth, with more assets expected to move into the blockchain-based financial ecosystem. Armstrong added Coinbase will continue pushing innovation in the traditional financial system.

Strategy’s daily stock trading volume has surpassed Morgan Stanley’s, according to BitcoinTreasuries. MSTR is also posting trading volume above that of multiple mega-cap companies with trillion-dollar market capitalizations.

According to CoinNess market monitoring, BTC has risen above $81,000. BTC is trading at $81,099.99 on the Binance USDT market.

U.S. Treasury Secretary Scott Bessent said cryptocurrencies could help reinforce the U.S. dollar’s global dominance, according to CoinDesk. Speaking alongside Ripple CEO Brad Garlinghouse at the Swell conference, Bessent said the power of the world’s reserve currency has historically stemmed from military strength, but is now increasingly shifting toward technological leadership. Companies around the world, Bessent said, are being forced to choose between U.S. and Chinese AI systems and semiconductor technologies, and crypto is part of that competition. Bessent added, "We will win in crypto, and it will strengthen the U.S. dollar even more." Bessent also said he was disappointed by the recent failure of the Clarity Act, adding that the Treasury Department could work with regulators such as the SEC and CFTC to take institutional steps and strengthen oversight.

Polymarket has added five-minute crypto contracts to its U.S. app, according to the Watcher.Guru X account. The feature supports BTC, ETH, SOL and XRP. Contract pricing is based on data from CF Benchmarks, a unit of Payward, Kraken’s parent company. Under the rules, tied outcomes are settled as up moves. Taker fees are charged separately from the bid-ask spread.

Layer-1 blockchain DIAM announced a security breach tied to unauthorized activity by a malicious actor in the Diamante ecosystem. The team said it activated emergency security protocols immediately after detecting the incident and is working with exchanges, market makers, and liquidity providers to halt affected withdrawals and transfers and restrict unauthorized asset movements. DIAM said it has identified a person believed to be responsible for the attack and is pursuing legal action and asset recovery in coordination with law enforcement and government agencies in multiple countries. The project added that it is conducting a full investigation into the scope of the damage and plans to make affected participants whole.

Robinhood disclosed in its third-quarter earnings report that cryptocurrency trading revenue fell 55% from a year earlier to $120 million. That amounted to 8.4% of total revenue, down sharply from 21% in the same period last year, according to Crypto Briefing. The figure still topped market expectations of $114 million. Robinhood shares fell about 5% in after-hours trading after the earnings release.

Anchorage Digital announced an expanded custody and listing partnership with Latin American cryptocurrency exchange Bitso. According to Decrypt, Anchorage Digital will provide custody for MXNB, a Mexican peso-denominated stablecoin issued by Bitso. The token will be supported on six blockchain networks: Arbitrum, Base, Ethereum, Polygon, Avalanche and Arc. The partnership targets the remittance market between the U.S. and Mexico.

The three major U.S. stock indices closed higher today. - S&P 500: +0.60% - Nasdaq: +1.18% - Dow Jones: +0.03%

A whale wallet bought 123,000 HYPE through Wintermute after 27 days of dormancy, according to Onchain Lens. The purchase was worth about $10.02 million.

DeFi protocol Balancer (BAL) said most Balancer pools will shift to withdrawal-only mode starting Oct. 30 under governance proposals BIP-928 and BIP-936. Withdrawals will remain available after the change, and users will retain control of their funds.

Investors are moving Bitcoin off exchanges ahead of economic data releases including the Federal Reserve’s benchmark rate decision, GDP and PCE inflation figures, according to blockchain analytics platform Santiment. The data showed net Bitcoin outflows from exchanges reached 14,900 BTC, marking the largest daily net outflow in five weeks. Santiment said heavier Bitcoin outflows than inflows to exchanges suggest relatively less positioning for immediate selling. It identified $80,000 as a support level and said if BTC holds that level and exchange reserves keep falling, the price could rebound to $82,500-$84,000. If BTC falls under $79,000, however, the bullish outlook could weaken. Santiment added the market should also watch whether BTC regains $82,500 after the macroeconomic data releases.