“No tweaks at the margins. Britain needs a new architecture of investment for a new age of risk” - BTC launches new inquiry on financing the real economy - UK Parliament

Skip to main contentCrypto NewsOct 22, 2026, 2:24 a.m. EDT2 min readSummaryChinese prosecutors are seeking to confiscate more than 61,800 BTC and other assets linked to an alleged $5.7 billion fraud that affected more than 102,000 investors. Prosecutors say Qian Zhimin’s company sold unlicensed wealth-management products, used investors’ money to repay earlier participants and buy assets, and left victims with nearly 20 billion yuan in losses. A British court ruled that Chinese law should govern victims’ claims to the Bitcoin seized in Britain, while a Chinese court has opened a six-month period for interested parties to join the confiscation case. Chinese prosecutors have moved to seize more than 61,800 Bitcoin linked to a massive fraud case worth over 40 billion yuan, roughly $5.7 billion, according to reporting by Chinese outlet The Paper. The case centers on Qian Zhimin, the alleged controller of Tianjin Lantian Gree Electronic Technology. Prosecutors say that from 2014 to 2017, the company sold unlicensed wealth-management products across China, promising guaranteed principal and high returns.

Bitcoin (BTC) investors sitting on unrealized losses are capping price gains at $87,700, while ETF inflows strengthen support at $80,000, analysis reveals. Key points:Bitcoin investors who bought BTC in the latter stages of 2025 have an aggregate cost basis of around $87,700, which now functions as resistance per Glassnode analysis. The area immediately above $87,000 hosts several resistance levels including the 2026 open at $87,490 and the 20-month moving average at $87,165. Bitcoin price support at $80,000 strengthens as bid liquidity focuses on this psychological level. Bitcoin 2025 buyers add to $87,000 resistance zoneNew research from onchain analytics platform Glassnode reveals that the breakeven point for a cohort of new Bitcoin holders is currently acting as resistance. Since the start of the year, two groups of holders have kept BTC/USD from moving higher once it challenges their acquisition cost basis. In November 2025, price lost the cost basis of investors with entries between six and 12 months prior, which sat at $94,000 at the time.

Shareholders of Super League, a Nasdaq-listed gaming and digital media company, approved a deal that would give Japanese Bitcoin treasury firm Metaplanet a 93.7% ownership stake, paving the way for its expansion into US capital markets through a publicly traded Bitcoin treasury company. According to a Monday announcement and filing with the US Securities and Exchange Commission (SEC), shareholders approved the issuance of as many as 435.9 million common shares under agreements involving Metaplanet and Evo Fund. Metaplanet will contribute 2,100 Bitcoin (BTC) and $2.5 million in cash in exchange for 44.86 million common shares, 100 shares of convertible perpetual preferred stock carrying governance rights and 10-year warrants for additional common stock. The transaction would give Metaplanet control over the company, including the ability to designate a majority of its board and approve major corporate decisions. Metaplanet’s common shares will be subject to a five-year lock-up. As part of the deal, Super League plans to rebrand as Superplanet and adopt the Nasdaq ticker SUPA, with a strategy focused on increasing its Bitcoin holdings per share.

Bitcoin treasury company Strive purchased 4,045 Bitcoin for approximately $335 million last week, bringing its total holdings to 36,818 BTC as it continues to expand its cryptocurrency reserves through equity financing. The company acquired the Bitcoin (BTC) between Oct. 12-16 at an average price of $82,803 per coin, including fees and expenses, according to a Monday filing with the US Securities and Exchange Commission. Strive is now the fourth-largest publicly traded corporate BTC holder, ahead of MARA Holdings, with reserves valued at approximately $3 billion, according to data from BitcoinTreasuries.net. MARA was reported to be selling some of its holdings, as Arkham tracked wallets linked to the miner depositing about $82 million worth of the crypto into Binance and Gate in recent days. Strive’s Bitcoin holdings reached 36,818 BTC. Source: BitcoinTreasuries. NETStrive also reported approximately $369 million in proceeds from warrant exercises on Oct. 12 and 13, resulting in the issuance of 13.7 million common shares. Its effective share count rose 12.4%, roughly matching the 12.3% increase in Bitcoin holdings and leaving BTC per share largely unchanged.

Updated Oct 19, 2026, 9:30 a.m. EDTPublished Oct 19, 2026, 2:23 a.m. EDT2 min readLong-dormant BTC whale wakes up. (Arkham)SummaryA Bitcoin wallet dormant since 2013 transferred all 411.45 of its coins, now worth about $34 million, to a new address on Sunday. The owner acquired most of the Bitcoin when it was worth about $54,000 and held it through major market swings as its value increased more than 600-fold. The funds have not moved to an exchange, and the transfer to a modern SegWit address suggests a security upgrade rather than an imminent sale. A bitcoin BTC$81,522.53 wallet, dormant since 2013, has come back to life. On Sunday, the wallet moved all 411.45 of its BTC to a new address, according to blockchain data from Arkham Intelligence. At today’s price of about $82,600 per coin, that stash is worth roughly $34 million. When the owner first acquired those coins, the entire balance was worth just $54,000. This awakening is part of a broader trend of historic supply shifting wallets this month.

A proposed class-action lawsuit has been filed against Toronto-based crypto wallet maker Coinkite Inc., alleging that negligence by the company and its co-founders allowed hackers to steal more than US$140-million worth of bitcoin from users. The lawsuit, filed in Ontario Superior Court last month, also asserts that the company breached its contract with users, failed to warn them about a critical vulnerability and violated Ontario’s Consumer Protection Act. In addition to naming the company, it also lists Coinkite co-founders Rodolfo Novak and Peter Gray as defendants. The allegations have not been proven in court and the class action has not yet been certified. The company declined to comment on the proposed litigation, but said it is preparing to publish a “full postmortem” on the security incident in the coming days.