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Saylor’s disparaging remarks about self-custody provoke Bitcoin community’s ire

Bitcoin advocates said Saylor's new stance is "spooky."

CryptoSlate

Oct 23

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Happy Wednesday!

The global crypto market cap is $2.26 trillion, with a 24-hour volume of $69.65 billion. The price of Bitcoin is $65,803.23, and BTC market dominance is 57.6%. The price of Ethereum is $2,492.85, and ETH market dominance is 13.3%. The best-performing sector is eCommerce, which gained 53%. The Crypto Fear & Greed Index is currently Greed (71).

Tensions are rising in the Bitcoin community as Michael Saylor's recent comments on self-custody spark backlash, with advocates labeling his stance as "spooky." Meanwhile, Peter Todd has gone into hiding after being wrongly identified as Bitcoin's creator in an HBO documentary, raising serious concerns for his safety. On the institutional front, interest in Bitcoin remains robust, with investors now holding 20% of US-traded spot Bitcoin ETFs. As the market navigates these controversies and developments, stay tuned for more insights and updates in today’s newsletter!