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read.xyz crypto briefing cover art, October 24, 2026 · Evening edition

Saturday, October 24, 2026

Evening edition Crypto & Bitcoin briefing

0:00 / 2:48

Listen · 2 min 48 s

  1. Bitcoin price drops below $80,000 amid heavy selling and liquidations

    Bitcoin fell below $80,000 as sellers dominated shorter time frames and large liquidations occurred. Ethereum and other cryptocurrencies also declined in value.

    Why it matters: The drop highlights increased market pressure and potential shifts in investor sentiment.

    Sources: Bitcoin.com News · CryptoPotato · CoinDesk · BeInCrypto · The Block

  2. Arthur Hayes sells $22 million in crypto and exits trading positions

    Arthur Hayes sold about $22 million in crypto from Maelstrom’s directional book and plans to sit out the market. He confirmed the exit on X and stated he has closed Maelstrom’s entire directional book.

    Why it matters: His move signals potential market uncertainty and may influence investor sentiment in the crypto space.

    Sources: Bitcoin.com News · BeInCrypto · CryptoSlate

  3. Argentine judge dismisses criminal case against Milei over LIBRA

    An Argentine judge dismissed the criminal case against President Javier Milei and 10 others, finding no evidence of fraud in their promotion of the LIBRA token. Milei has accused five journalists of damaging his reputation through their coverage of the case.

    Why it matters: The ruling clears Milei of criminal liability related to his support for the memecoin, which had drawn significant public and media attention.

    Sources: Crypto.news · CoinDesk · The Block

  4. Bitcoin Core updates security disclosure policy

    Bitcoin Core has updated its security disclosure policy to allow faster fixes for vulnerabilities that can be easily rediscovered. A survey found that nearly half of the nodes are running outdated versions of the software.

    Why it matters: Updating software is important for maintaining network security, and this change aims to make it easier for developers to address vulnerabilities quickly.

    Sources: Crypto.news · CryptoSlate

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