Bitcoin retook $81k as Asian chip stocks bounced

1 Bitcoin retook $81k as an Asian chip rally spilled into crypto, with Pepe up about 9%.

If Bitcoin holds above $80k through the Fed decision, that would support demand returning. A drop back under $80k would show this was a relief bounce.

2 US spot Bitcoin ETFs pulled in $176M in a day, making it $286M over two days.

One green day does not fix the month, but two in a row starts to matter. October net outflows narrowed to about $26M, so the hole is almost filled. The inflow tells us how much money arrived. It does not tell us who bought, and a holder breakdown would help answer that.

If ETFs post a third straight day of inflows, that would support steady demand behind the $81k bounce. If flows turn red again, treat the bounce as thin.

3 The CFTC sued Utah over prediction market rules.

Washington is fighting states for control of event contracts. The lawsuit tests whether federal regulators or state courts set the rules for prediction markets. Think of it as a jurisdiction tug-of-war with real money on the line.

If the Utah court backs federal oversight, that would support fewer state blocks on prediction markets. If Utah wins early motions, expect more states to file their own cases.

4 Coinbase said an analytics vendor incident exposed contact data for a small subset of customers, with funds not impacted.

No system breach is good, but contact lists are what phishing crews want. Coinbase blamed vendor Amplitude and said its own systems show no unauthorized access. For users, the risk is not missing coins today. It is fake support emails tomorrow.

If Coinbase publishes how many accounts were affected, that would show the phishing pool size. Until then, treat any urgent crypto email as suspect.

5 BNY added XRP and RLUSD to custody with direct mint plans as Moodys gave RLUSD investment grade ratings.

This is plumbing, not hype. The bank that already holds RLUSD reserves now custodies the coin itself, which lets big clients hold and settle in one place. A rating does not mean people will use it. It does lower the excuse for funds that need a checkbox to touch it.

If BNY opens direct RLUSD minting with Ripple, that would support faster institutional flows. If minting stays manual, treat this as branding for now.