Europe’s largest asset manager, Amundi, is preparing to step into the Bitcoin ETN market, according to French crypto media outlet The Big Whale. With €2.3 trillion in assets under management, the move marks a significant step toward mainstream adoption of digital assets within Europe’s financial sector.

Amundi has recently highlighted Bitcoin’s role as a potential store of value and a macro-hedging tool against persistent inflation. The firm has also been actively expanding its ETF offerings, including leveraged products that qualify for European tax-advantaged accounts, signaling a stronger commitment to diversified investment strategies.

Momentum is building across Europe as institutional players explore regulated Bitcoin exposure. Sovereign fund activities in the Eurozone are further boosting acceptance of cryptocurrencies, paving the way for greater integration of digital assets into traditional finance. Amundi’s entry could mark a turning point, reinforcing Bitcoin’s position in the portfolios of major institutional investors.

In a move that blends energy innovation with digital infrastructure, Canaan Inc. announced the launch of a pilot project in Calgary, Alberta, designed to turn stranded or flared natural gas into power for Bitcoin mining and high-performance computing.

The initiative, developed in partnership with Aurora AZ Energy, marks a step for Canaan as it explores how waste gas — often burned off at remote wells — can instead fuel computing power directly at the source.

The pilot will install over $2 million worth of Avalon A15 Pro miners and modular data centers at wellheads, delivering roughly 2.5 megawatts of computing capacity with a guaranteed 90% uptime.

Canaan’s stock…

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American fast-food chain Steak ‘n Shake has abandoned plans to accept Ethereum payments following criticism from Bitcoin supporters.

The 90-year-old chain, which began accepting Bitcoin (BTC) in May, ran a poll on X over the weekend asking its 468,800 followers whether it should expand its crypto options to include Ethereum.

Nearly 49,000 votes were cast, with 53% in favor.

However, just four hours later, the company suspended the poll, declaring its allegiance to Bitcoiners. “Poll suspended. Our allegiance is with Bitcoiners. You have spoken,” Steak ‘n Shake posted.

Vitalik Buterin, Ethereum co-founder, defended Steak ‘n Shake’s decision. He suggested that…

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OranjeBTC has acquired an additional 16 BTC for roughly $1.94 million at an average price of $121,058 per Bitcoin, bringing its year-to-date Bitcoin yield to 1.5% in 2025.

As of October 13, the OranjeBTC now holds 3,691 BTC, accumulated for approximately $389.07 million — an average cost basis of $105,412 per coin.

Brazil’s First Pure-Bitcoin Public Company

OranjeBTC began trading last week on B3, the São Paulo–based exchange that anchors Latin America’s capital markets.

Backed by some of the biggest names in global crypto, OranjeBTC entered public markets holding 3,675 BTC — now 3,691 — instantly becoming the region’s largest corporate Bitcoin… Read more on BitcoinMagazine

Publicly traded firm Strategy has strengthened its crypto portfolio by acquiring 220 Bitcoin worth $27.2 million between October 6 and 12, at an average price of $123,561 per BTC. The move reinforces the company’s long-term commitment to Bitcoin as part of its treasury management strategy.

Formerly known as MicroStrategy, the company has shifted its focus toward Bitcoin treasury solutions and institutional adoption, steadily increasing its holdings over time. This latest purchase highlights Strategy’s position as a leading corporate holder of digital assets and signals growing confidence in Bitcoin’s role as a store of value.

The company’s continued investment mirrors a broader trend among institutions reallocating reserves into crypto amid changing economic conditions. Support from major investment firms for similar strategies further reflects rising mainstream acceptance, positioning Bitcoin as a key asset in corporate treasury portfolios.

The bitcoin market had its biggest one-day crash in history on Friday after U.S. President Donald Trump announced 100% tariffs on all Chinese imports.

The sudden escalation in trade tensions wiped out over $5.3 billion in leveraged positions in the bitcoin market, and over $19 billion in the broader digital assets market.

Over $5 billion in leveraged bitcoin positions were liquidated — CoinGlass

The sell-off started early Friday after Trump posted on his Truth Social that he would introduce “massive new trade tariffs” and export controls on software in response to China’s restrictions on rare earth minerals.

Markets around the world went spiraling down —…

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