Bitcoin News Update: Disruptions and System Failures Challenge Crypto’s Durability While Institutions and DeFi Continue to Advance

ChainCatcher, a leading Web3 platform, has become a central hub for significant cryptocurrency happenings during a period of market turbulence. The latest updates reveal both hurdles and prospects in the industry, with decentralized exchanges (DEXs), institutional

accumulation, and optimistic price predictions taking center stage.

The

community is preparing to vote on a $462,000 compensation proposal for traders impacted by an eight-hour outage on October 10, according to a . The disruption, triggered by a coding sequence error and delayed validator restarts, resulted in faulty trades and liquidations. Although no onchain assets were lost, traders experienced liquidity losses. This incident followed a major market downturn in October that wiped out $19 billion in crypto positions—the largest liquidation event ever recorded. Binance responded with a $728 million relief package, offering token vouchers and ecosystem support, but stated it was not responsible for trader losses, as noted by Cointelegraph.

Interest from institutions in Bitcoin remains strong, with several companies increasing their holdings. ZOOZ Strategy Ltd. (Nasdaq: ZOOZ) added 94 more Bitcoins, bringing its total to 1,036, according to

. Bitplanet, based in South Korea, acquired 9 BTC, raising its total to 110.67, as reported in another update. Hyperscale Data also boosted its Bitcoin reserves to $68.8 million, now holding 194.5 BTC, per a separate announcement. These actions reflect a growing pattern of corporate Bitcoin accumulation, fueled by global economic uncertainty and evolving regulations.

Industry experts continue to project strong price growth. Michael Saylor of MicroStrategy expects Bitcoin to hit $150,000 by the end of the year, citing regulatory advancements and increased institutional interest, according to

. Robert Kiyosaki, author of Rich Dad Poor Dad, is even more bullish, predicting a $200,000 price by December, as reported by . Their positive outlook comes after a mid-October dip, with Bitcoin trading around $111,000 in late October. Saylor’s MicroStrategy has kept buying, now holding 640,808 BTC, Cointelegraph adds.

DeFi developments are also transforming the landscape. Blaqclouds has introduced ZEUSx.io, a multi-chain DEX that supports cross-chain swaps and integrated DeFi features, according to

. Meanwhile, Solana’s HumidiFi DEX will launch its WET token through Jupiter’s DTF platform, as reported by , representing a new approach to token launches. These innovations demonstrate the sector’s ongoing evolution, with onchain fees projected to reach $20 billion in 2025, according to .

The market’s durability is further reinforced by improving US-China trade relations, with a "substantial" agreement framework announced in late October, as reported by Cointelegraph. Analysts interpret the October downturn as a mid-cycle adjustment rather than a bearish reversal, pointing to increased onchain activity and reduced exchange balances as evidence of accumulation, according to a Yahoo Finance summary.

As ChainCatcher continues to organize major Web3 gatherings, the sector remains focused on managing short-term volatility while pursuing long-term expansion. Ongoing institutional adoption, clearer regulations, and technological progress are key forces shaping the future of the crypto market.