Bitcoin (BTC) Faces Downward Pressure Amid Long-Term Holder Distribution

Bitcoin’s (BTC) Recent Market Activity Signals a Challenging Phase

Bitcoin is currently facing a difficult period as it struggles to hold key cost-basis levels, according to data from Glassnode. Persistent selling pressure from long-term holders is impacting the cryptocurrency’s ability to sustain upward momentum, raising concerns about its near-term outlook.

### Market Struggles with Key Levels

Bitcoin’s price has been unable to maintain levels above the short-term holders’ cost basis of approximately $113,000. This threshold is critical as it often represents the balance between bullish and bearish momentum. The failure to reclaim and hold this level increases the risk of a deeper retracement towards the Active Investors’ Realized Price, which is around $88,000.

This struggle is further compounded by ongoing distribution from long-term holders, who are offloading roughly 104,000 BTC each month. This selling pattern echoes previous market cycles where significant long-term holder selling marked phases of demand exhaustion.

### Volatility and Options Market Dynamics

Following October’s market crash, implied volatility has cooled off, but the options market remains in a delicate position. Upcoming decisions from the Federal Reserve are expected to play a significant role in shaping market dynamics. A hawkish surprise from the Fed could spark renewed volatility, while a dovish stance might help sustain the current stability.

Implied volatility has eased, and skew has reset lower, signifying a shift away from extreme demand for downside protection toward a more balanced outlook. Traders appear cautiously optimistic: selective upside positioning at certain strike prices suggests expectations of a moderate rally rather than an aggressive breakout.

### Long-Term Holders and Market Sentiment

The continued distribution by long-term holders highlights a phase of demand exhaustion. The net position change for these holders has reached significant levels, reflecting widespread profit-taking amid weakening demand.

Historically, strong market expansions have followed when long-term holders transition from distribution to accumulation. Currently, the volume of Bitcoin transferring from long-term holders to exchanges has surged, indicating persistent sell-side pressure. This elevated activity mirrors past periods where heavy long-term holder spending suppressed price momentum.

### Outlook and Federal Reserve’s Influence

As Bitcoin navigates this period of recalibration, focus shifts to the Federal Reserve’s upcoming actions. Their decisions could substantially influence market volatility in the near term.

For now, the market’s relative calm remains conditional. Renewed volatility is possible depending on external economic developments and the behavior of long-term holders. Until these holders shift back toward accumulation, Bitcoin’s upside potential may remain constrained.

*Image source: Shutterstock*
https://Blockchain.News/news/bitcoin-btc-faces-downward-pressure-amid-long-term-holder-distribution

Big layoffs at Amazon, big implications for Seattle’s economy

**Amazon Announces Major Corporate Layoffs Amid Industry-Wide Cutbacks**

*Posted by algore*

Seattle-based retail giant Amazon has confirmed it will cut approximately 14,000 corporate jobs, with employees beginning to receive layoff notices starting Tuesday. The exact number of positions affected in Washington state remains unclear.

Nick Pasion, a reporter for the Puget Sound Business Journal who covers big tech, shared insights from Amazon employees who say their managers are remaining tight-lipped. However, “there is a palpable sense of fear within the company,” as many are concerned about the possibility of being impacted personally or seeing friends lose their jobs.

Amazon employs about 350,000 corporate workers globally, making the potential reduction of up to 14,000 jobs a substantial cut. Todd Bishop, co-founder of GeekWire, highlighted the magnitude: “If you’re talking about up to 30,000 cuts globally, that’s a pretty significant portion.”

While Amazon has yet to confirm the layoffs publicly or provide an official reason, some analysts suggest the moves may be part of post-pandemic downsizing efforts. According to Pasion, “Amazon notoriously overhired during the pandemic, increasing headcount by tens of thousands.” The company has already taken steps to correct this, laying off 27,000 employees across 2022 and 2023.

An emerging theory is that Amazon is shifting focus to reinvest in artificial intelligence (AI) infrastructure. “Data centers, chips, power — these are incredibly expensive to build and maintain,” said Pasion. “Many companies are diverting free cash flow into AI infrastructure and hiring high-paid AI scientists to develop internal models.”

Amazon is not alone in facing tech industry layoffs. Microsoft, another Puget Sound-area giant, has cut 15,000 positions globally this year.

**Microsoft Faces Political Backlash Over Visa Program Amid Layoffs**

Vice President J.D. Vance publicly criticized Microsoft for recent job cuts juxtaposed with continued applications for H-1B work visas. “I don’t want companies to fire 9,000 American workers and then say they can’t find workers in America,” Vance declared.

Former White House advisor Steve Bannon echoed these concerns, calling for a halt to all visa programs during widespread layoffs.

Social media users have amplified the controversy by noting reports that Microsoft filed over 14,000 H-1B visa requests in 2025, fueling outrage over perceived exploitation of the visa system despite significant workforce reductions.

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https://freerepublic.com/focus/f-news/4349323/posts

OpenAI non-profit org restructures with majority stake in for-profit business

OpenAI has completed a significant restructuring, dividing the company into two distinct entities: a non-profit called the OpenAI Foundation and a for-profit called OpenAI Group PBC.

Microsoft, which has made AI a key focus across its products and services, currently owns 27 percent of OpenAI’s for-profit business. This corporate restructuring was announced in a recent blog post by OpenAI.

The non-profit OpenAI Foundation has committed $25 billion toward advancements in health and minimizing the risks associated with AI. Additionally, the non-profit holds approximately $130 billion in equity stakes in OpenAI’s for-profit arm. As Bret Taylor, Chair of the OpenAI Board of Directors, explains, “The more OpenAI succeeds as a company, the more the non-profit’s equity stake will be worth, which the non-profit will use to fund its philanthropic work.”

In a separate update, OpenAI detailed its ongoing relationship with Microsoft, which began in 2019. Microsoft supported the creation of OpenAI’s for-profit division, and its $135 billion stake represents 27% ownership of the company’s shares.

This restructuring aligns with OpenAI’s mission to balance innovative AI development with responsible stewardship and philanthropic goals.
https://www.shacknews.com/article/146547/open-ai-corporate-restructure-non-profit

Baylor football offensive line coach no longer with team after 4-4 start

After Baylor’s 41-20 loss to Cincinnati, a change has been made to the Bears’ coaching staff. ESPN’s Pete Thamel initially reported this morning that Baylor offensive line coach Mason Miller “is no longer with the program.” Bears head coach Dave Aranda confirmed Thamel’s report, describing the departure as a “personal matter.”

Mason Miller was hired by Aranda before last season. Prior to joining Baylor, Miller served as the offensive coordinator and tight ends coach at FCS Tarleton State in 2023, following three years as the offensive line coach at Mississippi State. Miller worked under the late Mike Leach for five years at Washington State and Mississippi State. Notably, Aranda himself was a graduate assistant under Leach in the early 2000s.

Aranda brought Miller to Baylor to succeed Eric Mateos, who had attracted interest from Georgia two years before eventually becoming the Arkansas offensive line coach. Since Aranda was hired by Baylor in 2020, Miller was the third offensive line coach to serve under him. Joe Wickline, who was a Baylor assistant for Dave Roberts in 1997 and 1998, returned to Waco as Aranda’s first O-line coach in his inaugural season as Bears head coach.

Including Saturday’s loss, Aranda’s overall record at Baylor stands at 35-34 with a 23-27 mark in Big 12 conference play. His crowning achievement remains his second season, which featured a 12-2 record, a Big 12 title, and a Sugar Bowl victory. Since that standout campaign, however, Aranda’s record has slipped to 21-25 overall and 14-18 in conference games.

The Bears rebounded from back-to-back losing seasons with an 8-5 record in 2024, which helped secure Aranda’s job. They currently hold a 4-4 record heading into the final month of the regular season.

Baylor’s remaining schedule includes one road game and three home matchups. After a trip to Tucson for the November 22 contest against Arizona, the Bears will host UCF on Saturday, followed by Utah after the bye week. The regular season will conclude at McLane Stadium with a game against Houston.

Last season, Baylor lost to Utah, defeated Houston, and did not face UCF or Arizona.

UCF, coming off a bye week, recently blew out West Virginia 45-13. Saturday’s game between the Knights and Bears is scheduled to kick off at approximately 11 a.m. CT.
https://clutchpoints.com/ncaa-football/baylor-football-news-offensive-line-coach-no-longer-team-start

Trump warns New Jersey faces hotbed of crime, skyrocketing energy prices if Mikie Sherrill elected

President Trump issued a strong warning to New Jersey voters early Monday, cautioning that Democratic gubernatorial candidate Rep. Mikie Sherrill would transform the Garden State into a hotspot of crime, soaring energy prices—and “HEARTACHE!”

In an early morning post on Truth Social, the former president criticized both Sherrill and Virginia’s Democratic gubernatorial candidate, Abigail Spanberger, urging voters to swing right this election season.

“Why would anyone vote for New Jersey and Virginia gubernatorial candidates, Mikie Sherrill and Abigail Spanberger, when they want transgender for everybody, men playing in women’s sports, high crime, and the most expensive energy prices almost anywhere in the world?” Trump questioned.

He continued, “VOTE REPUBLICAN for massive energy cost reductions, large-scale tax cuts, and basic common sense!”

Highlighting his administration’s energy policies, Trump claimed, “Under President Trump, ME, gasoline will come down to approximately $2 a gallon, very soon! With the Democrats, you’ll be paying $4, $5, and $6 a gallon, and your electric and other energy costs will, likewise, SOAR.”

The former commander-in-chief emphasized that voters in New Jersey and beyond would enjoy “a great and very affordable life” if Republican candidates prevail in the upcoming election.

“All you’ll get from voting Democrat is unrelentingly high crime, energy prices through the roof, men playing in women’s sports, and HEARTACHE!” he added.

This latest salvo follows prior attacks by Trump against Sherrill throughout her campaign. Over the weekend, as early in-person voting began in New Jersey, he labeled her a “corrupt radical left Democrat,” declaring, “She’ll be a travesty as the governor of New Jersey.”

Despite Trump’s criticisms, Sherrill currently holds a five-point lead over Republican gubernatorial candidate Jack Ciattarelli, standing at 50% to 45% in the latest Rutgers-Eagleton poll of likely voters.
https://nypost.com/2025/10/27/us-news/trump-warns-new-jersey-faces-hotbed-of-crime-skyrocketing-energy-prices-if-mikie-sherrill-elected/

1991 Ford F-250 XL 4×4 5-Speed at No Reserve

This 1991 Ford F-250 XL pickup has remained registered in Oregon since new and was purchased by the seller from the reported original owner’s family in 2024. Finished in white (YY), this classic bricknose F-250 XL is powered by a 5.8-liter Windsor V8 engine paired with a five-speed manual transmission, a dual-range transfer case, and a limited-slip rear differential.

The truck’s exterior features a chrome grille and bumpers, a sliding rear window, a bed cap, a drop-in bedliner, and a receiver hitch. While the red pinstriping shows some fading, and there are a few dents and scratches on the body, the overall condition remains solid. The seller notes evidence of prior paintwork. Mounted on 15″ steel wheels are 235/85 Toyo Open Country A/T II tires, and the truck is equipped with power steering and manually locking front hubs.

Braking is managed by power-assisted front disc brakes and rear drums, ensuring reliable stopping power. Inside, the bench seat is covered with a patterned gray fabric, complemented by woodgrain trim. Amenities include cruise control, an AM/FM stereo, and air conditioning—which has been recently repaired. The ignition switch was also replaced under current ownership.

The truck’s two-spoke steering wheel frames an 85-mph speedometer, a 6,000-rpm tachometer, and gauges for voltage, coolant temperature, oil pressure, and fuel level. The five-digit odometer reads just 87,000 miles, with approximately 2,200 miles added by the current owner. Additionally, the EGR valve and front fuel pump control module have been replaced recently.

Power is delivered to the rear wheels or all four wheels via the five-speed manual transmission, supported by the dual-range transfer case and limited-slip rear differential. There is some corrosion visible on the undercarriage; additional photos are provided in the gallery below for reference.

This 1991 Ford F-250 XL is offered at no reserve and comes with a clean Carfax report, free from accidents or other damage, along with a clean Oregon title in the seller’s name. Don’t miss the opportunity to own this well-maintained classic truck with solid mechanicals and character.
https://bringatrailer.com/listing/1991-ford-f-250-23/

Cardano News: ADA Shows Strong Fundamentals As Staking Hits Record Levels, Could $3 Be On The Horizon?

Recent news about Cardano has brought renewed hope to the market. The level of ADA stakes is at an all-time high, reflecting strong confidence in the network despite the fluctuating market conditions. Analysts believe that Cardano’s fundamentals continue to improve, even as investors explore new opportunities like Remittix, a PayFi project that has already raised over $27.6 million by selling 679 million tokens at $0.1166 each.

With its rapid growth and real-world payment utility, many view Remittix as the next big altcoin in 2025 alongside Cardano’s resurgence. The most recent emphasis, however, remains on Cardano’s staking ecosystem. Over 59% of ADA tokens are staked — a record that underscores investor confidence in Cardano’s long-term prospects.

Market analyst Dan Gambardello noted that ADA has formed a “W” double bottom structure, a pattern that often precedes major uptrends. He explained that Cardano must reclaim the $0.75 Bollinger baseline to confirm a breakout, which could push prices toward $3 in the next major rally.

Despite this optimistic outlook, derivatives data reveal a cautious mood, with Open Interest dropping to yearly lows as short bets rise. While short-term corrections may test the $0.60 level, Cardano’s solid fundamentals and strong staking engagement keep investors bullish. Many Cardano news outlets now predict that ADA could be one of the best DeFi projects in 2025, provided it maintains momentum and expands its real-world use cases.

### Remittix: The PayFi Token Stealing the Spotlight

As ADA consolidates, Remittix continues to surge as one of the most promising PayFi projects in the crypto space. It combines decentralized finance with practical payments, allowing users to send crypto to bank accounts across more than 30 countries. Analysts say this kind of utility could make Remittix the next 100x crypto as investors rotate from traditional DeFi into projects addressing real-world problems.

Here’s why Remittix is catching investor attention:

– Allows users to send crypto directly to bank accounts quickly and securely.
– Beta wallet launched with multi-asset PayFi transfers.
– Offers a 15% USDT referral program, claimable daily through the dashboard.
– Ranked #1 on CertiK’s Pre-Launch leaderboard.
– Plans for global expansion with Bitmart and Lbank, alongside major centralized exchange (CEX) listings.

### Why Remittix Could Be The Next Big Crypto Win

While Cardano news remains positive, Remittix stands out as a token with unmatched growth potential. Its mix of security, utility, and innovation positions it as a low gas fee cryptocurrency built for real adoption.

As investors seek the best crypto projects for 2025, Remittix’s rise suggests the next generation of payment tokens is already here. Early buyers could potentially hold the next big altcoin poised for 50x returns.

Discover the future of PayFi with Remittix by visiting their official project channels:

– Website: [Insert Website Link]
– Socials: [Insert Social Links]
– $250K Giveaway: [Insert Giveaway Details]

*This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related activities. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned.*

*Always do your own research.*

**About the Author**
Krasimir Rusev is a seasoned journalist at Coindoo with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise makes him a valuable source of information for investors, traders, and crypto enthusiasts alike.
https://coindoo.com/cardano-news-ada-shows-strong-fundamentals-as-staking-hits-record-levels-could-3-be-on-the-horizon/

GOOD NEWS FROM ISRAEL FROM MICHAEL ORDMAN

**Good News from Israel – Latest Highlights**

### Israel and Hamas Sign First Phase of Gaza War Resolution Plan

Israel and Hamas have signed the initial phase of a plan aimed at ending the war in Gaza. Following this significant development, the Israeli stock market experienced a surge, with indices TA-35, TA-90, and TA-125 closing at record highs. The construction index soared, and risk levels dropped sharply, reflecting investor optimism.

### Nobel Prize in Economics Awarded to Israeli-born Professor Joel Mokyr

Dutch-born, Israeli-raised US Professor Joel Mokyr has been awarded the Nobel Prize in Economics alongside two other economists. Their work demonstrated how useful knowledge, mechanical competence, and institutions supportive of technological progress have driven sustained economic growth.

### $500 Million Raised for Israeli Startups

Israel’s Glilot Capital Partners successfully raised $500 million to invest in Israeli cyber and AI software startups. Most of the capital came from large financial institutions based in the US and Europe. Glilot emphasizes its strong belief in the Israeli tech ecosystem.

### New Gas Pipeline to Egypt by 2028

A gas pipeline under construction is expected to be completed by 2028, delivering 600 million cubic feet of natural gas per day to Egypt, strengthening regional energy ties.

### El Al Ranks Among Top 25 Airlines Globally

El Al has earned a five-star APEX rating for the fifth consecutive year and, for the first time, entered the global top 25 airlines for in-flight passenger experience. Based on millions of traveler reviews, fewer than 7% of around 40 airlines received a five-star rating.

### Swiss and Delta Airlines Resume Flights to Israel

Swiss International Air Lines resumed daily nonstop flights between Zurich and Tel Aviv’s Ben-Gurion International Airport. Similarly, Delta Airlines restarted daily flights from JFK Airport in New York to Tel Aviv on September 1st.

### $1.2 Billion Aero Engine Parts Deal for Bet Shemesh Engines

Israel’s Bet Shemesh Engines secured a $1.2 billion, 15-year contract to supply critical jet engine components to one of the world’s leading aircraft engine manufacturers. This deal follows Norway’s sovereign wealth fund divesting its 2% stake in the company just weeks earlier.

### Botanical-Enhanced Functional Soft Drinks by SolvEat

Israeli company SolvEat has partnered with Central Bottling Company’s subsidiary, Gat Foods, to develop functional beverages infused with SolvEat’s patented natural herbal formulations. These drinks will target metabolic support, blood sugar control, and other health benefits.

### Using AI to Revolutionize Industrial Machinery Sales

Israeli startup Corbel is leveraging AI to replace manual quoting and PDF-based workflows in the manufacturing sector—a trillion-dollar industry. Corbel aims to solve one of manufacturing’s persistent bottlenecks by modernizing outdated sales and quoting systems.

### Recent Exits, Takeovers, and Mergers (Up to October 19, 2025)

– CropX acquired Israeli Crop Supply Intelligence company Acclym.
– US insurance giant Penn-America Group (part of Global Indemnity Group) is acquiring Israeli insurance agency Sayata.
– LevelBlue (formerly AT&T Cybersecurity) acquired Israel’s Cybereason.
– Israel’s Pentera purchased DevOcean for $30 million.
– Amazon’s Annapurna Labs acquired the entire core engineering team of Israel’s NeuroBlade.

### Startup Investment Highlights to October 19, 2025

– Deel raised $300 million, now valued at $17.3 billion.
– Sensi.ai raised $45 million.
– Sola Security raised $35 million.
– Prisma Photonics raised $30 million.
– OneLayer raised $28 million.
– Omnix Medical raised $25 million.
– Second Nature raised $22 million.
– Siddhi Capital invested $9–12 million in Israel’s Fresh Start foodtech incubator.
– Corbel raised $6.7 million.
– ARGU AI raised $2 million.

### Culture, Entertainment & Sport

**An Ethiopian Israeli Restaurant in Harlem**
Beejhy Barhany, born in Ethiopia and raised in Israel, has opened Tsion Cafe, a kosher vegan restaurant in Harlem, New York. She describes it as a place of Pan-African love and Black Israeli pride.

**US Ambassadors Rock Jerusalem**
US Ambassadors Mike Huckabee and Daniel Friedman performed at the United Hatzalah Sukkot concert, playing the song “Sweet Home Yerushalayim” with new lyrics, energizing the crowd.

**Acrobatic Dolphins Near Haifa**
Scientists from Haifa University witnessed an hour-long acrobatic display by around 15 dolphins, including mothers and calves, approximately 10 miles off the coast near Haifa—the most exciting display the team has seen.

**Golden Gymnast**
Israel’s Artem Dolgopyat won gold in the floor exercise at the Challenge Cup in Paris. Holding one Olympic gold, one silver, and a World Championship title, Dolgopyat is Israel’s most decorated Olympian.

**First NHL Goal by an Israeli**
Israeli-American defenseman Zeev Buium scored his first NHL goal for the Minnesota Wild against the Columbus Blue Jackets. He is believed to be the first Israeli player to score in the US National Hockey League.

**Gold Paralympic Swimmer**
Paralympic swimming champion Ami Dadaon won his first world title in the 50m breaststroke SB3 in Singapore, setting a new Israeli record of 48.17 seconds. At the 2024 World Championships in Paris, Ami won four gold medals.

### The Jewish State

**Ancient Jewish Synagogue Unearthed in the Golan**
Excavations at the Yahudiya Nature Reserve revealed the lintels and basalt columns of a 1,500-year-old synagogue, the 26th discovered in the Golan Heights, which Israel recaptured during the 1967 Six-Day War.

**A Home in Israel**
Marina Shear, wife of newsletter subscriber Glen, offers assistance to readers wishing to make Aliyah or purchase property in Israel. She provides access to English-speaking lawyers, brokers, builders, property managers, inspectors, and designers. For more information, read her guide or visit her website.

**Passengers Sing After Flight Delay**
Following a four-hour delay on a Delta flight from New York to Tel Aviv, two musicians led passengers in singing “Adon HaSelichot” and “Am Yisrael Chai,” creating a memorable and uplifting atmosphere.

### Exciting Times in Jerusalem & Beyond

During Sukkot, Jerusalem was filled with hope for the release of hostages. With schools on vacation, families enjoyed numerous holiday activities throughout the city.

**50,000 Jews Celebrate Sukkot in Hebron**
Attendance at the Cave of the Patriarchs during the first days of Tabernacles increased by 50% compared to last year. This site, purchased by Abraham over 3,000 years ago, is the burial place of the patriarchs Abraham, Isaac, Jacob, and the matriarchs Sarah, Rebecca, and Leah.

**Dancing on Simchat Torah**
Israelis remained determined to dance and celebrate, overcoming both physical and spiritual barriers. Marking the second anniversary of the Hamas invasion, Israeli Defense Forces danced at the Nova Festival site, symbolizing resilience and hope.

*Comments are closed.*
http://www.ruthfullyyours.com/2025/10/19/good-news-from-israel-from-michael-ordman-9/

Suspect arrested in connection with 2 teens found dead by gunshot wounds off SR 87

**Suspect Arrested in Connection to Deaths of Two Teens Found Near State Route 87**

PHOENIX – Authorities announced Thursday that a suspect has been arrested in connection with the deaths of two teenagers found earlier this year off State Route 87.

Thomas Brown, 31, was taken into custody by the Maricopa County Sheriff’s Office (MCSO) in connection with the homicides, which occurred in May.

Authorities have identified one of the victims as 18-year-old Pandora Kjolsrud. According to ABC15, the other victim was 17-year-old Evan Clark.

Deputies with MCSO responded to a call for service in the early hours of May 27. Upon arrival, they discovered the bodies of Kjolsrud and Clark at a campsite near Mount Ord in the Tonto National Forest. The location is approximately halfway between Mesa and Payson.

Investigations into the circumstances surrounding the shootings are ongoing. Authorities have not released further details at this time.
https://ktar.com/arizona-news/suspect-teens-found-dead-sr-87/5757271/

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