How Far Can 12 Straight Wins Take a Trader Who Is Still Down $22.8 Million?

Machi Big Brother has won 12 consecutive trades over the past week, earning $2.14 million, according to Lookonchain. The gains all trace back to one token.  Behind the streak sits a Hyperliquid account with a long losing record and about $151 million in open longs.  Sponsored  Sponsored  Inside the Week That Paid Machi Big Brother $2.14 Million  Every win in the streak came on Pump.fun (PUMP). Lookonchain first flagged the run on October 2, after 10 straight PUMP wins over 5 days. Those trades had made $1.34 million, so the 2 latest wins brought the total to $2.14 million.  Hyperbot shows 4 open perpetual positions on his account, all of them long. The largest is 33,800 Ethereum (ETH) at 25x leverage, worth $91.98 million.  Follow us on X to get the latest news as it happens  Machi Big Brother Open Positions. Source: Hyperbot  Bitcoin (BTC) follows at $39.26 million across 455 BTC, with 40x leverage. He also holds 164,500 Hyperliquid (HYPE) at 10x, worth $15.36 million.  His PUMP long has grown to 700 million tokens, worth $4.48 million. Lookonchains post put that position at 425 million tokens. The PUMP long is also the only one in the red, down about $50,557.  The 3 larger longs, meanwhile, carry about $2.3 million in

3 days agoIndustry

Oil Slips After G7 Agrees to Release 100 Million Barrels From Emergency Reserves

Oil prices slipped on Monday after the Group of Seven (G7) agreed to release 100 million barrels from emergency reserves. Rising crude exports from the Middle East added to the supply relief.  Brent crude traded at $101.69, down 0.55%, while West Texas Intermediate (WTI) fell 1.04% to $90.16, Trading Economics data showed.  Sponsored  Sponsored  Oil Prices on October 5. Source: Trading Economics  Follow us on X to get the latest news as it happens  Reserve Barrels and Returning Tankers Ease the Squeeze  G7 leaders agreed Friday to a 4-month release coordinated by the International Energy Agency (IEA). A statement from French President Emmanuel Macrons office said diesel releases would be front-loaded into the first 20 days. The deal came after pressure from US President Donald Trump.  “Facing unprecedented volatility in oil markets–with surging prices threatening economic stability and the well-being of our citizens–we have agreed on decisive, coordinated measures to stabilise immediate energy supplies, shield households and businesses from price shocks, and strengthen the long-term resilience of global energy systems,” the statement said.  Gulf tanker flows have also recovered. Crude transits through the Strait of Hormuz hit a 7-day average of 13.5 million barrels per day in late September, CNBC reported, citing Kpler data.  Shipments from the wider region, including

3 days agoIndustry

Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens

Bitmine Immersion Technologies has raised its Ethereum treasury to 6,016,414 ETH after buying another 15,112 tokens over the past week, leaving the company just short of its target to own 5% of Ethereums supply.  SummaryBitmine bought another 15,112 ETH over the past week, raising its holdings to 6,016,414 ETH worth roughly $16.4 billion.The company now owns 4.9% of Ethereums 122.1 million token supply, putting it close to its stated target of holding 5%.Bitmine has staked 5,067,309 ETH worth $13.8 billion, representing 84% of its total Ethereum holdings.Current staking operations are projected to generate $363 million annually, rising to $431 million if Bitmine fully stakes its ETH holdings.Tom Lee said Bitmine has purchased ETH every week since launching its Ethereum treasury strategy on June 30, 2025.  According to Bitmine‘s Oct. 5 holdings update, the ETH position was valued at roughly $16.4 billion using a reference price of $2,726 per token. The company said its holdings represented 4.9% of Ethereum’s stated 122.1 million token supply.  Bitmine has continued buying ETH every week since launching its Ethereum treasury strategy on June 30, 2025, Chairman Tom Lee said. Its latest purchase followed a 17,362 ETH acquisition that took the company past the 6 million ETH level in

3 days agoIndustry

Agentic AI is becoming part of the crypto security workforce: Certik

Agentic AI has started taking over work once handled directly by human analysts across cybersecurity, anti money laundering and compliance, with autonomous systems now investigating threats, tracing funds and acting on security incidents with limited human intervention.  According to a new CertiK Intel3D report, the change goes beyond using artificial intelligence to flag suspicious activity or summarize information for analysts. Agentic systems can reason through multiple steps, call external tools and APIs, collect evidence, take actions in live environments and assess the results before deciding what to do next.  CertiK describes the emerging model as an AI security workforce, where autonomous systems operate within defined roles while human experts move toward supervision, quality control and accountability.  Agentic AI is moving from security assistant to operator  For much of the past decade, AI used in cybersecurity and compliance played a supporting role. Machine learning systems could identify anomalies, while natural language tools helped summarize alerts or prepare reports that were ultimately reviewed and acted upon by people.  Agentic AI changes how much of that process can happen without direct human involvement.  In a security operations center, CertiK said an autonomous system could investigate an unusual login, retrieve the device fingerprint and location history, compare the information against

3 days agoIndustry

Top 3 Altcoins to Watch for the Second Week of October

The top 3 altcoins of the second week of October, Midnight (NIGHT), Pump.fun (PUMP), and Stacks (STX), gained between 21% and 69% over seven days.  However, all three rallies have now reached major resistance zones on the daily chart. Whether those zones break or hold may decide the next leg.  Sponsored  Sponsored  Midnight (NIGHT) Price Rejected Below $0.055  NIGHT rose 68.5% over the past week and roughly 200% from its July low. The move came weeks after Midnights pivot from developers to builders.  The rally tagged the $0.052 to $0.055 supply zone, which capped price in March. Sellers stepped in immediately, and NIGHT now trades at $0.0451, down 7.6% in 24 hours.  NIGHT daily chart Source: Tradingview  The Relative Strength Index (RSI) cooled from above 85 but remains overbought near 75. Meanwhile, breakout volume stayed well below March levels, suggesting limited conviction.  A daily close above $0.0466, the 0.786 Fibonacci level, could reopen the path to $0.055. In contrast, losing $0.040 support may send NIGHT toward $0.035 and then $0.030.  Sponsored  Sponsored  Pump.fun (PUMP) Price Holds Above $0.0060  PUMP gained 27.3% this week, extending a rally of roughly 457% from its mid-2026 low. The projects ongoing token buybacks have kept it in focus.  Price broke above the $0.0050 to $0.0054 zone, which rejected PUMP

3 days agoIndustry

Europeans Could Face Spending Caps Under a Digital Euro, Cardano's Hoskinson Warns

Cardano founder Charles Hoskinson told a United Nations audience he does not trust the European Union with a digital euro. He predicted it would enable “asset and transaction discrimination” within a decade.  On paper, the EUs draft law already rules out programmable spending rules. However, that text is still under negotiation, and Hoskinson argues only a binding law would prove his fears wrong.  Sponsored  Sponsored  UPDATE: Charles Hoskinson slams the EU, says “why I dont trust you Europeans with your Digital Euro, is we all know what youre gonna do with it—asset and transaction discrimination. Dont believe it? Well then put it in some sort of law that youre not gonna do it.” pic.twitter.com/Yv8ONo8p7l  — Angry Crypto Show (@angrycryptoshow) October 4, 2026  Why Hoskinson Wants Digital Euro Limits Written Into Law  Hoskinson spoke on October 2 at the Future of Money, Governance & the Law Summit in New York. The Government Blockchain Association (GBA) hosted it at UN headquarters.  He warned that a central bank digital currency (CBDC) risks becoming a “financial panopticon” that watches and blocks payments.  “You‘re going to go to buy some fuel and even though you have €2,000 in your bank account, it’s going to decline your card and say, ‘Well, I’m sorry. You‘ve already

3 days agoIndustry

Bitcoin gets a 20-day window to see whether energy relief can move the Fed

The G7s emergency diesel plan has created a near-term test of whether cheaper energy can ease pressure on Bitcoin.  Related Asset Bitcoin #1 BTC · $85,547.30 24-hour change: up 0.26% Loading price history… 24H Up 0.26% 7D Up 3.28% 30D Up 7.35%  Leaders on Oct. 2 agreed to accelerate releases from emergency fuel reserves, including a substantial amount of diesel within 20 days, as governments try to contain shortages and elevated prices that have added to inflation pressures.  The group said the International Energy Agency would make 100 million barrels available over four months, beginning immediately. It did not specify how much of the initial release would be diesel or how supplies would be divided among countries.  For crypto markets, the significance lies less in the barrels themselves than in whether they can push refined-fuel prices low enough to shift inflation and interest-rate expectations. Bitcoin remains sensitive to changes in Treasury yields, the dollar and broader liquidity conditions after the Federal Reserve raised rates last month.  The Sept. 16 increase lifted the Feds target range by 25 basis points to 3.75% to 4%, with policymakers again citing elevated inflation. A sustained decline in energy costs could weaken one source of price pressure, though the G7

3 days agoIndustry

BeInCrypto Wins Best Organization at the Government Blockchain Association's 2026 Awards

Public voting decided the category, with the winner announced at the Future of Money, Governance, and the Law summit at the United Nations.  BeInCrypto has won the Government Blockchain Associations (GBA) 2026 Annual Achievement Award for Best Organization. The winner was announced on October 2 at the Future of Money, Governance, and the Law (FoMGL) summit at the United Nations Headquarters in New York, following a public vote. Brian McGleenon, our Global Head of News, received the award on behalf of BeInCrypto.  The GBA presents five awards inspired by historical changemakers, covering Leadership, Innovation, Social Impact, Courage, and Organizational Excellence. The Organization category honors groups that use blockchain technology to solve challenges, promote justice, improve results, and change paradigms. According to the GBA, winning organizations create environments where people and ideas can thrive.  Why This Recognition Matters to Us  Since launching in 2018, BeInCrypto has covered digital assets, blockchain, and Web3 infrastructure, publishing news and market analysis in 26 languages. We are now expanding beyond daily coverage into a broader reference point that combines journalism, expert-led insights, research, and industry initiatives, connecting readers with the institutions, experts, and developments shaping the industry.  Our focus is making blockchain technology understandable. Our newsroom works to cut through

3 days agoIndustry

Bitcoin Price Grinds at $86K as Resistance Refuses to Give Way

Bitcoin‘s price held between $85,800 to $86,000 per unit on Oct. 5 at 8:45 a.m. Eastern time, with its larger trend still favoring bulls, yet the market was pressing directly into resistance rather than breaking free. Every tracked daily exponential moving average and simple moving average from 10 through 200 periods remained bullish, while momentum and moving average convergence divergence leaned bearish. With $86,949-$87,400 overhead, the charts leave bitcoin’s price strong but facing a decisive test.  Key TakeawaysBitcoins price held near $85,800 and $86,000 as resistance crowded the upper $86,000s.Daily moving averages posted 13 bullish readings, 1 neutral and 1 bearish signal.Bitcoin bulls face $87,400 next, while losing $85,000 would favor sellers.  Bitcoins price picture on Oct. 5 presents an intriguing contradiction: Price remains above nearly every important medium- and long-term moving average, yet the market keeps running into trouble as it approaches $87,000.  At roughly $86,084 on Bitstamp at 8:45 a.m., bulls still command the larger structure after bitcoins recovery from $74,913, but softer momentum readings and repeated resistance between the upper $86,000s and $87,400 suggest this is no clean runaway move, leaving the next break increasingly important for both sides of the tape.  1H and 4H Charts: $86,000 Becomes the Short-Term Battleground  On

3 days agoIndustry

Strategy Posts $21B Q3 Gain, Buys $29M in BTC, Repurchases $176M in STRC

In briefStrategy acquired 334 BTC for $28.7 million between October 1 and 4, taking holdings to 848,000.Over the same stretch it repurchased $176.3 million of its Stretch preferred stock.It estimates a $20.91 billion gain on digital assets for the third quarter, against $1.88 billion of deferred tax expense.  Strategy bought 334 BTC last week and spent more than six times as much buying back its own preferred stock, according to a filing that also put the companys third-quarter gain on digital assets at $20.91 billion.  The Bitcoin was bought between October 1 and 4 at an aggregate $28.7 million, an average of $85,838.80 a coin, taking Strategys holdings to 848,000 BTC. That marks a fresh record for the Bitcoin treasury company, a week after the company passed its June high. It bought nothing in the final three days of September.  Against that, Strategy repurchased 1,033,168 Stretch (STRC) shares for $102.6 million in the last days of September and a further 740,634 for $73.7 million in the first four days of October, $176.3 million in all. Of that, $154.1 million came from its USD Cash balance and $22.2 million from interest earned on cash and short-term investments. The preferred buyback program has $547.2 million

3 days agoIndustry
1
...
2325
...
1000