The IMF releases $138 million for El Salvador, with conditions regarding Bitcoin holdings
The International Monetary Fund (IMF) has approved the disbursement of $138 million to El Salvador as part of an ongoing loan program, after the country agreed to limit its activity related to Bitcoin.
The IMF conditions require that El Salvador not accumulate any more Bitcoin beyond the amounts received as documented donations. The government is also expected to fully remove the state’s remaining exposure to Chivo, the government-backed Bitcoin wallet that was launched alongside El Salvador’s 2021 legal tender law.
This funding release signals a continuation of the dialogue between the IMF and El Salvador, despite the country’s prior adoption of Bitcoin as legal tender—a policy that had complicated relations with the fund. The requirement to eliminate Chivo suggests the IMF is pushing for a clear separation between state finances and crypto infrastructure. #Binance #BinanceSquareFamily
Bitcoin reaches $86,000 as macroeconomic signals turn favorable
Bitcoin surged to $86,000 at the start of October, driven by a shift in the macroeconomic outlook. Inflation data, which came in lower than expected, and the cautious remarks from two Federal Reserve officials have tilted market expectations toward a possible pause in interest rates at the Fed’s next meeting.
This comes as investors await two key releases: the monthly jobs report and the publication of the consumer price index (CPI) expected on October 14. Both figures are likely to shape expectations for Fed policy and, by extension, market sentiment toward risk assets for the rest of the month. #bitcoin #BTC $BTC
Arkham identifies 78% of the 847,666 Bitcoin that Strategy holds
Blockchain analytics firm Arkham has identified approximately 78% of the 847,666 BTC that Strategy owns, with a value of approximately $55.78 billion, distributed across identified wallets and custody accounts.
The October 1 update distinguishes between the addresses of identified public wallets and the assets held within Fidelity Custody. This breakdown gives investors an unusually transparent view of one of the largest corporate Bitcoin reserves that exists, enabling on-chain verification of a significant portion of the holdings, without relying solely on company disclosures. #BTC $BTC
Europe sets regulatory standard for DeFi as the tokenized securities market points to $349 billion
The European Securities and Markets Authority (ESMA) has taken steps to define what is considered "truly decentralized" under EU financial regulation—a distinction that determines whether DeFi protocols must comply with MiCA and related securities rules.
Under the ESMA framework, protocols with identifiable controlling parties, admin keys, or centralized governance structures will not be considered truly decentralized and will be subject to existing regulatory obligations. Truly decentralized protocols, where no entity exercises control, may be exempt from those requirements.
This development comes at a time when tokenized securities are expected to grow from current levels to reach $349 billion over the next four years, representing a 79-fold increase. This makes regulatory clarity around DeFi infrastructure increasingly important for institutional participants that are developing blockchain-based financial products. #Binance #BinanceExplorers #BlockchainNews
$NEAR correcting after several failed attempts to break through the resistance key level, now the price is looking for support at the 50 moving average. If this zone doesn't hold, the next target could be the demand zone at $4.15 - $4.35. #Binance #Near
Solana maintains leadership in decentralized exchange trading volume for 15 consecutive months.
In September, Solana recorded $74 billion in exchange volume on decentralized platforms, maintaining its position as the leading chain in DEX activity for the 15th consecutive month.
This trend reflects sustained activity in Solana’s DeFi ecosystem, which has consistently outperformed competing networks, including Ethereum and its second-layer chains, in terms of monthly trading volume. $SOL