Nexo is now onshore in Australia. Borrow against your crypto without selling it – our Credit Lines join our newly rebranded Growth product and Exchange, giving local investors more to do with what they already hold. Featuring ASIC-regulated lending. Aussie clients only.

Right where you belong, @XRP. Time to drive the next generation of wealth together.

We’re heading to @LuganoPlanB to connect with the global community advancing Bitcoin adoption and digital wealth. Two days of exploring the future of global finance and the ideas driving it forward. Heading to Palazzo dei Congressi? Say hi if you spot us between sessions.

The Fed goes quiet ahead of its October 27–28 meeting, and that hands the week to everyone else. Netflix, Tesla, and Meta report with ad demand and AI spending in focus, while Friday’s Michigan survey gauges how households are reading prices after last week’s inflation data. Here’s what’s ahead: 🇪🇺 ZEW Economic Sentiment (Oct) – Tue, Oct 20, 09:00 UTC 🇺🇸 ADP Employment Change Weekly – Tue, Oct 20, 12:15 UTC 🇺🇸 Atlanta Fed GDPNow (Q3) projections – Tue, Oct 20, 14:00 UTC 🇪🇺 ECB President Lagarde Speaks – Wed, Oct 21, 16:00 UTC 🇺🇸 Initial & Continuing Jobless Claims – Thu, Oct 22, 12:30 UTC 🇺🇸 S&P Global Manufacturing & Services PMI (Oct) projections – Fri, Oct 23, 13:45 UTC 🇺🇸 Michigan 1-Year Inflation Expectations & Consumer Sentiment (Oct) – Fri, Oct 23, 14:00 UTC

Argentina: highest crypto ownership we surveyed (74.3%), lowest integration score (4.62/10). At 80%+ inflation, crypto is a shield, not a strategy. In the US, 41.3% of reallocators pulled from equities. In Argentina, 45.8% pulled from cash. Same asset. Different logic.

▪️ 46% – Bitcoin’s annualized volatility this year, down from 84% in 2018, though large daily moves have been more frequent. ▪️ 200 milliseconds – Solana’s target block time since October 9, when its final upgrade step went live, half the original 400 milliseconds. ▪️ $57.6 billion – Cumulative net inflows into U.S. spot Bitcoin ETFs since launch, with $100.6 billion in assets, even after October’s outflows. ▪️ $2 trillion – Standard Chartered’s forecast for the stablecoin market cap expected by 2030 as supply holds near $309 billion. ▪️ 20,338 – Bitcoin wallets holding 10 to 10,000 BTC, a record high, per Santiment.

Bitcoin closed near $86,500 on September 21 and October 4, and a week later was more than 3% lower each time. Both times, short-term holders sent unusually large volumes to exchanges at a profit, including 30,100 BTC on September 21, the largest in a year. Two cases are a small sample, and transfers don't confirm sales. Still, the $86,000 area has twice drawn supply from recent buyers.

Bitcoin slipped below $80,000 for about two hours Thursday, and buyers defended the level for the third time in a week. Price is holding. ETF flows have yet to follow. A second straight day of inflows would be the first sign demand is returning. Read all in our blog post.

Yields hover near multi-decade highs, yet crypto absorbed $50B in YTD inflows. With 3.7% CPI and rate paths shifting, how are you positioning your balance sheet for the next phase of the cycle?

How gracefully you can dodge selling your crypto when you need cash.

Finish the sentence: ____________ is completely overrated in crypto.

Two back-to-back inflation surprises and a sharp selloff in global tech have put risk assets on the defensive. While equities retreated, crypto’s internal market structure is telling a very different story beneath the surface. Read the full analysis on the Nexo blog. 🔗