Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny

Bitcoin rose 0.8% to around $82,700 as China’s GDP beat estimates and Nasdaq futures rebounded, while the CoinDesk 80 gained 1.3% and DeFi led gains.

Since mid-summer portfolio managers have been emphasizing free cash flow, profitability, high margins, strong balance sheets and stable earnings when stockpicking.

French lawmakers narrowly approved a new crypto tax amendment on Friday that could make crypto-to-stablecoin swaps taxable events starting in 2027. France’s National Assembly adopted Amendment I-3898 on Friday, with 38 votes in favor, 37 against and 25 abstentions. The measure was initially introduced as committee amendment I-CF1826 by French MP Nicolas Sansu and adopted on Oct. 7. The Assembly is scheduled to vote on the first part of the 2027 Finance Bill on Tuesday, according to its official schedule. Other crypto-related proposals remain under consideration, although it is unclear whether each will be debated or voted on that day. If enacted, the stablecoin amendment would tax certain crypto-to-stablecoin swaps and change how the country calculates crypto capital gains tax. French National Assembly advances Amendment I-3898 on crypto-to-stablecoin tax swaps. Source: assemblee-nationale.frUnder the proposal, investors converting their Bitcoin (BTC) or other cryptocurrencies into stablecoins would trigger a tax on the gains, even without converting gains into fiat. The calculation would use the acquisition cost of the sold crypto asset and the weighted average purchasing price.

Bitcoin (BTC) starts the third week of October at $82,000 as crypto and stock markets begin a tentative rebound. Key points:South Korea’s KOSPI Composite Index gained nearly 1.8% on Monday after last week’s tech-driven losses. Markets have priced out two further interest-rate hikes by the Federal Reserve in 2026, seeing 75% odds of only one 25-basis-point hike by the end of the year. Bitcoin delivered a weekly close below key local support after the Coinbase Premium Index hit -0.14, its lowest level since late June. Asia leads equities bounce ahead of tech earningsA lighter week of US macro data prints will shift the market’s attention to corporate earnings as stocks rebound from last week’s sell-off. Some 15% of S&P 500 companies are due to report third-quarter earnings figures this week, including SpaceX on Tuesday and Tesla and Meta on Wednesday. Tech-stock performance remains in focus after a major drawdown last week that began with South Korean markets. The KOSPI Composite Index lost 2.8% on Oct. 12 before dropping to the week’s low of 5,455 on Thursday, bringing the week-to-date losses temporarily to 17%. KOSPI Composite Index one-day chart.