Could October Be The Month Crypto Takes Off Again?

What we’ll cover today:

📈 Crypto might take off in October.

💸 AFP Just Seized $9.3 Million in Cryptocurrency.

🪙 What if You Paid $700,000 in Fees… For a $0 Transaction?

1. Crypto Might Take Off in October.

History says yes! 

Bitcoin tends to shine in October, and the setup looks even better this year.

Here’s what’s lining up, according to JPMorgan and other top analysts:

• Interest rates: The US Federal Reserve is considering cuts, which JPMorgan suggests could inject fresh momentum into the market.

• Bitcoin ETFs: With approvals likely around the corner, experts predict this will bring new institutional investors and liquidity. BlackRock and Fidelity are among the giants eyeing these ETFs.

• Ethereum’s Pectra update: Ethereum is preparing a major update with over 30 network improvements. While JPMorgan notes it won’t trigger an immediate price surge, it’s a powerful long-term play for Ethereum’s efficiency.

With these factors in place, October could mark the beginning of something big for crypto.

Here’s the whole article

2. AFP Just Seized $9.3 Million in Cryptocurrency.

Your crypto is not safe.

Australian Federal Police (AFP) just seized $9.3 million in cryptocurrency.

They took down "Ghost," an encrypted platform used by organised crime.

Here’s what went down:

• Mastermind arrested: The key figure behind Ghost was caught.

• Crypto cracked: AFP used advanced forensics to break into the suspect's crypto accounts.

• $9.3 million seized: The funds were taken under the Proceeds of Crime Act.

• Operation Kraken impact: 46 arrests, $2.37 million in cash, and weapons confiscated.

This is part of a larger mission.

Since 2019, the AFP’s Criminal Assets Confiscation Taskforce (CACT) has seized over $1.1 billion in criminal assets.

Their message is clear:
No place to hide—not in crypto, not in cash.

Here’s the whole article.

3. What if You Paid $700,000 in Fees… For a $0 Transaction?

Sounds crazy, but that’s exactly what happened on Ethereum.

A user dropped 288 ETH in gas fees for sending nothing.

This isn’t a glitch—it’s part of Ethereum’s unpredictable fee system.

So, should you worry about paying sky-high fees, too?

Luckily, no.

Here’s why:

• Fee spikes are rare: While hefty fees like this can happen, they’re not familiar.

• Ethereum’s Dencun upgrade: It cut Layer-2 gas fees by 50%, making transactions more affordable.

• Ongoing improvements: Vitalik Buterin’s team is always working on reducing fees and making them more predictable.

Stick to Layer-2 networks, and you’ll keep your fees low and your crypto safe.

Here’s the whole article