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BTC price eyes record monthly close: 5 things to know in Bitcoin this week

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Javier Milei’s crypto-friendly party wins Argentine midterm

Argentine President Javier Milei’s crypto-friendly party has won the midterm election, positioning him as a leading contender for the October 2027 presidential race and bolstering his continued push for free-market policies.
Milei’s La Libertad Avanza party obtained 40.68% of nearly 99% of votes co
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Mt. Gox’s security flaws costed millions. Could AI have spotted them?

Former Mt. Gox CEO Mark Karpelès probably wishes he had access to today’s artificial intelligence when he bought Mt. Gox from its founder, Jed McCaleb, in 2011
That’s because Karpelès has just fed an early version of Mt. Gox’s codebase into Anthropic’s Claude AI. What he got back was an analysis t
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Major Iranian private bank goes bankrupt, roiling 42M customers

One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli.
Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5.1 billion in losses and nearly $3 billion in debt,
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Money giant Western Union to pilot stablecoin-powered transfers

Financial services company Western Union is set to pilot a stablecoin-based settlement system to modernize its remittance operations for its more than its 150 million customers.
During Western Union’s third-quarter earnings call on Thursday, CEO Devin McGranahan said the pilot is “focused on
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Investors should be 'cautious' when using BTC stock-to-flow model: Analyst

Bitcoin’s (BTC) Stock-to-Flow (S2F) model, one of the most widely cited BTC valuation frameworks, forecasts a peak price of $222,000 during this market cycle, but investors should exercise caution when using the model, according to André Dragosch, the European head of research at investment firm Bit
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Bitcoin price starts $112K breakout as Fed rate-cut odds pass 98%

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ISM Manufacturing PMI suggests Bitcoin cycle may extend beyond historical norm

The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.
The correlation between the ISM PMI and Bitcoin’s (B
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