Jane Street Capital disclosed passive investments in three Bitcoin mining companies through SEC 13G filings, including approximately 19.68 million shares representing 5% of Cipher Mining. Mining stocks surged following the disclosure, with Cipher Mining advancing nearly 20%, Bitfarms rising 10.68%, and Hut 8 gaining 17.27%. The investments signal growing institutional interest in the sector following Google's 5.4% stake acquisition in Cipher Mining in late September.

Swiss digital asset bank Sygnum has unveiled a Bitcoin-backed lending solution that allows borrowers to retain custody of their private keys while accessing fiat credit. The product, developed in partnership with blockchain platform Debifi, uses a three-of-five multisignature custody model to prevent third-party collateral reuse. The platform, branded MultiSYG, is scheduled for early 2026 release and targets institutional clients seeking liquidity without surrendering asset control.

President Donald Trump has nominated Michael Selig to chair the Commodity Futures Trading Commission. Selig currently serves as Chief Counsel of the SEC's Crypto Task Force and Senior Adviser to SEC Chair Paul Atkins. The nomination follows the withdrawal of a previous candidate in September and reflects a shift toward structured digital asset oversight.

Bitcoin rose 1.28% to cross $110,000 on October 12, the first breach of that level since the same date. The advance follows a 0.87% monthly expansion in China's M2 money supply and $20 million in net inflows to U.S. spot Bitcoin ETFs this week, according to market data. Hong Kong's approval of a Solana ETF reflects growing regional demand for digital asset products.

JPMorgan is preparing to allow institutional clients to use Bitcoin and Ethereum as collateral for loans, with the program expected to launch by year-end. The crypto assets would be held with a third-party custodian while the bank extends credit against them. The move marks a shift toward integrating digital assets into traditional banking credit frameworks.

JPMorgan is developing a program to allow institutional clients to use Bitcoin and Ethereum as collateral for loans, with a target launch by the end of 2025, Bloomberg reports. Separately, Fidelity has added Solana trading to its brokerage platform for eligible U.S. clients. The developments bring digital assets deeper into traditional financial infrastructure, potentially influencing liquidity flows during market shifts.

Bitcoin's bull market structure remains fundamentally sound, though the $100,000 price level now represents a critical threshold, according to Galaxy Digital's head of research Alex Thorn. He warned that losing this support could create substantial market anxiety capable of jeopardizing the overall bullish structure. Despite short-term volatility concerns, growing institutional participation provides a stabilizing force as the market develops a stronger foundation.

Tom Lee of Fundstrat Global Advisors and veteran trader Peter Brandt have warned that Bitcoin could face a 50% correction despite record inflows into BTC exchange-traded funds. Lee characterized Bitcoin as a high-beta asset that amplifies broader market moves during periods of weakness. Brandt drew parallels between Bitcoin's current price structure and the 1977 soybean crash, which saw prices plunge more than 50%.