Australian Pension Fund Eyes Bitcoin Access for Members

Evidence suggests that the U.S.-China tariff wounds are healing, providing relief for Bitcoin traders after a flash crash on Oct. 10. Standard Chartered's Geoff Kendrick hopes for improved ETF flows, with Bitcoin gaining 1.2% in the past day.

The U.S. and China have reportedly made substantial progress towards a new trade framework, potentially leading to a tariff rollback in phases. This news has caused a positive reaction in the markets, with risk assets seeing significant gains over the weekend.

Bitcoin treasury company Strategy has added a further 390 BTC to its corporate holdings, at a cost of approximately $43.4 million at around $111,053 per Bitcoin. The firm now holds 640,808 BTC, achieving a claimed BTC Yield of 26.0% YTD 2025.

Mt. Gox has extended its creditor repayment deadline to October 2026, citing the need to make repayments to rehabilitation creditors. The trustee has completed main repayments for creditors who followed the process without issues.

Zcash has surged past its 2021 peak with a 30-day triple-digit rally, reaching around $372, positioning it as a top performer. The rise is attributed to various catalysts like the upcoming November halving and renewed interest in privacy coins.

In India, the Madras High Court ruled that cryptocurrencies are considered property under law, protecting a user's 3,532 XRP holdings from being used to offset losses from a hack. This decision establishes legal standing for crypto assets and client property protection under Indian law.

Bitcoin surged over the weekend due to potential easing of U.S.-China trade tensions, reaching $115,400 before a slight pullback. The rally reflects macro sentiment influencing digital assets, not direct trade fundamentals.

Bitplanet, a publicly listed company in South Korea, has begun its daily Bitcoin accumulation plan, purchasing 93 BTC as part of a larger effort to reach a 10,000 BTC target. The company, backed by Metaplanet CEO Simon Gerovich, aims to build a substantial Bitcoin treasury through regulated means.

SpaceX recently transferred over $133 million in Bitcoin to new wallets, totaling 1,215 Bitcoin, following a similar move just days prior. The company previously held 8,285 BTC, making it the fourth-largest private company with Bitcoin treasuries.

Michael Selig, current SEC chief counsel for the crypto task force, has been nominated by President Trump to lead the CFTC. This move signals a close collaboration between the CFTC and SEC in developing a pro-crypto regulatory framework. The Winklevoss twins played a significant role in influencing Trump's decision by lobbying against the previous nominee.