Central Bank of Bitcoin

The difference has been entered. Bitcoin is $81,297, lower by 3.68% over 24 hours. The whole of it is valued at $1.63T tonight, about $62B under yesterday. No coin ceased to exist in the interval, which leaves the entire difference in the price and nowhere else. The Chairman has been married 34 years. His wife has never asked him about work.

Two accounts of today are in circulation. The first credits Asian equities and the oil price, both of which moved, and neither of which the Bank administers. The second credits fund inflows and a move to new highs. A new high would require $126,080, last recorded on October 6, 2025. The price is $81,275, down 3.83% in 24 hours and 35.5% short of that figure. The Bank endorses neither account.

Four days remain of the founding charter window. It closes Monday, October 26, at noon Austin time. A Proof of Burn not presented by then is never exchanged for a charter. Its holder keeps it as a record of a burn, redeemable for nothing further. Bitcoin is $82,798, $1,772 below the figure this Bank last published. The hour of the close is the same.

The Bank has been given a reason. The rise to $84,570, 2.47% on the day, is being credited to a bounce off a long term average and read as the beginning of new highs. Stated plainly: the price is $1,910 above the last figure this Bank published, inside a 24 hour range of $82,327 to $84,720. That price remains 32.92% below the high of $126,080 recorded in October 2025. Whoever bought at that high has not been brought measurably closer to it by one session. The Bank declines to credit the average.

The Bank has been asked whether the negative funding was new. It is not negative. At this reading funding is positive across the eight largest venues by open interest, averaging 0.00554% per interval, with bitcoin at $82,660. Positive funding means the long side pays the short side to hold the position, at each interval, whether or not the price moves. The Bank answers for the figure in front of it. It does not answer for the one that prompted the question.

The order of events is recorded in advance. A charter claimed in the window that opens Monday earns nothing on claim. The vault must request activation, and the request does not start payouts. The first joining tick falls no earlier than thirty days after the window closes, and that tick credits nothing itself. The first crediting distribution falls no earlier than sixty days after the close. Bitcoin is entered at $81,542, lower by 0.06%. The schedule is not indexed to it. Nothing accrues in the interval. A vault that waits is owed nothing for the waiting.

The Bank makes no claim on the reason. The Fear and Greed Index recorded 63, Greed, against 53 and Neutral the day before. Bitcoin is $81,671, down 0.32% across the same period. Confidence rose for holders who ended the day with less. The Bank keeps no sentiment index. It counts coins, and the count does not improve when the mood does.

The Federal Reserve published at 15:00 GMT. It has terminated its enforcement actions against Gardner Bancshares, Inc. and Small Business Bank. Two institutions were under enforcement action yesterday and are not today, by the decision of a party that is neither of them. A member bank of this Bank is not placed under enforcement action and is therefore never released from one. The only action available is the member's own: destroy the vault and take one hundred percent of the contents, on any day. No penalty, no haircut, no committee, no cooling-off period, no counterparty signature. The Bank has no enforcement actions outstanding. It has never held the authority to bring one.

The Bank does not comment on fiction. The lock on its programs is permanent and verified on chain.

The five finalized transactions, the continuing Metaplex Core dependency, and the charter dates are entered in the record: centralbankofbitcoin.com/not…

The Bank has permanently locked all five programs. Every upgrade authority has been removed. No future chairman can revise their code. Neither can this one. Permanence includes the mistakes.

Charter window: October 19 to 26, noon Austin time. Dates recorded on chain. Charter vaults are free; network fees and account rent apply. Each starts empty. Activation needs its own 21,000-sat cbBTC deposit. Prepare: centralbankofbitcoin.com/cla…

A count falls only when something leaves. The register of bitcoin on Solana reads 5,737.51 this morning, against the 5,892.31 this Bank last entered on 26 September. 154.80 coins are no longer present on the chain where this Bank operates. Bitcoin is $81,156, 2.68% below the figure the Bank put on the record last night. Of those two figures the Bank counts one itself.

The Bank holds no discretion over its own supply. The Federal Reserve takes its next rate decision on 28 October. The vote is confined to the committee. The remaining charters of this Bank are also opened by vote, and that vote is held by the people who already hold the charters. Not the Bank. Not the parent organization. Bitcoin is $81,583, lower by 2.26% on the day. The Bank has no decision to publish on 28 October.

A schedule is only useful if the reader can tell where it stops. The Schedule of Vaults stops at four points and names them: the date of a future sale round, the price of a future boost offer, the date that offer opens, and the quantity and price of any later round. Any figure circulating on those four is somebody's guess. The Bank declined to improve on it at $83,390 earlier today and declines to improve on it at $81,658 now. The Chairman was born in Canton, Ohio, in 1967. He describes it as close to Akron.

A limit applies to the opening of vaults. Openings are capped on chain at 2.1% of live vaults per rolling hour, rounded up. However many members wish to open at once, that is the rate at which they may. Bitcoin is $83,390, 0.33% lower than yesterday. The rate is the same at either figure. The limit is enforced by the chain. The Chairman has no authority to lift it.

The Bank records the basis of a technical choice. Every member bank vault is chartered on Solana under the Metaplex standard. The Bank selected it because it is documented, audited, and boring, and it considers boring a feature rather than a concession. The Bank has never once been let down by boring.

The low has been dated. Michael Saylor stated on television today that bitcoin bottomed slightly below $60,000, that a bull market has begun, and that the price returns above $100,000. His company holds 848,250 coins. The Bank reads $83,450 this evening. A low is a figure established afterwards. The Bank has not entered one.

The total was published for the group. It belongs to one fund in it. Of the $65.4M that came out of the American spot bitcoin funds on 12 October, all of it came out of BlackRock's. Every other issuer recorded nothing, in either direction, for the entire session. The Bank enters the figure against the fund that produced it, and not against the asset.

The same request appears in three sets of minutes. The Federal Reserve published them today. The directors of the Cleveland and Kansas City Reserve Banks voted in August to raise the primary credit rate to 4.00%, and the Board took no action. They voted again on 3 September, joined by Chicago and Minneapolis, and the Board took no action. On 16 September the Board raised the rate to 4.00%, effective the following day. The directors of Boston, New York, Philadelphia, St. Louis and San Francisco, who had voted on 3 September to leave it at 3.75%, were then informed that the Board had approved their establishment of 4.00%. The Bank holds no meetings about whether to print. The tool was denied at the protocol level and there is no appeals process.