Bitcoin Drops as Oil Shock Hits Markets, but Holds Up Better Than Equities

Stablecoins are becoming a powerful tool in both developed and emerging markets, with potential impacts on financial stability. Standard Chartered warns of a $1 trillion deposit shift from emerging market banks to stablecoins by 2028, affecting traditional banking systems and monetary policy tools.

Trump Media & Technology reported a $54.8 million net loss in the third quarter of 2025, despite investing billions in Bitcoin. The company's stock (Nasdaq: DJT) fell over 4% to $12.76, hitting its lowest point in over a year.

My First Bitcoin, founded in 2021, has grown rapidly, teaching over 27,000 students and creating the world’s first Bitcoin Diploma. The organization is transitioning to a global movement, empowering educators and fostering connections worldwide.

Ark Invest, led by Cathie Wood, purchased $9.2 million worth of BitMine Immersion Technologies shares, totaling $260 million across its ETFs. Wood lowered her 2030 Bitcoin price target to $1.2 million due to stablecoin popularity.

Strategy's new Perpetual Stream Preferred Stock (STRE) is set to raise $715 million by being listed on the Euro MTF Luxembourg exchange, targeting international investors. The stock offers a fixed 10% dividend and will fund Bitcoin acquisitions, with Strategy holding over 641,000 Bitcoin.

U.S. Bitcoin ETFs saw a turnaround with $240 million in net inflows after a week of heavy outflows, led by BlackRock, Fidelity, and Ark 21Shares. The inflows provided a brief reprieve following a week of significant redemptions, signaling renewed institutional interest.

Japan's financial regulator has approved a stablecoin pilot involving the country's three largest banks: MUFG Bank, Sumitomo Mitsui Banking Corp., and Mizuho Bank. The banks plan to issue yen-pegged stablecoins for intracompany and intercompany payments, with a potential dollar-pegged stablecoin in the future.

Kazakhstan plans to build a national crypto reserve of between $500 million and $1 billion, funded using assets seized and repatriated from abroad. The Kazakh central bank's governor Timur Suleimenov said that the fund would also include ETFs and shares of digital asset firms.

Tether recently purchased 961 BTC worth $97.18 million during a market dip, following its policy of allocating 15% of net profits to Bitcoin. With a portfolio of 87,296 BTC valued at $8.84 billion, Tether remains bullish on Bitcoin's long-term fundamentals.

A joint operation involving authorities from the US, Germany, and Brazil utilized blockchain intelligence to arrest the alleged administrator of a major child sexual abuse material network in Brazil. The operation led to the seizure of dark web platforms serving over 350,000 users worldwide.