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Crypto Exchanges Almost Out of Bitcoin: VanEck's Matthew Sigel
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Crypto Exchanges Almost Out of Bitcoin: VanEck’s Matthew Sigel

by admin October 4, 2025


Bitcoin is on a bullish comeback move as the coin has gained 11.61% in the last seven days, as it inches closer to its all-time high (ATH) of $124,457. Amid this positive move, Matthew Sigel, VanEck’s head of Digital Asset Research, has dropped another bullish update.

Bitcoin self-custody moves tighten liquidity

According to Sigel, crypto exchanges appear to be experiencing declining reserves. In his post on X, Sigel stated that if the trend continues, at the start of business on Oct. 6, there might be a shortage of Bitcoin across the various exchanges.

He opined that it might be good thinking to acquire some Bitcoin before a shortage hits. However, a user immediately countered VanEck’s executive by noting that such a scarcity narrative has been making the rounds in the past four years.

Sigel’s reply is instructive as he insists that a scarcity was in play. “Well, I only got the calls from the exchanges today. I told them we aren’t selling,” he wrote.

Well I only got the calls from the exchanges today. I told them we aren’t selling 🤷‍♂️

— matthew sigel, recovering CFA (@matthew_sigel) October 4, 2025

This comment suggests that large holders and institutions like VanEck are being contacted to supply exchanges with Bitcoin. If this is true, it implies that there could be a supply shock with demand staying higher than supply.

It indicates that many Bitcoin holders have moved their coins off exchanges into self-custody, typically reducing liquidity. Such a scenario is a perfect condition to further drive Bitcoin prices higher.

As of this writing, Bitcoin is changing hands at $122,179.35, which represents a 1.52% increase in the last 24 hours. The flagship coin, which earlier hit an intraday peak of $123,944.70, is currently just 1.89% away from flipping its ATH.

The price surge has kept trading volume up by 1.12% at $73.51 billion within the same time frame. The uptick in activity suggests that the “Uptober” momentum is gaining ground.

Institutional bets signal new Bitcoin price peak

Worth mentioning is that the Bitcoin market looks ready to push the coin to a new ATH as investors have committed $45.3 billion in open interest on the asset. This extreme leverage move indicates that market participants are anticipating further highs from the leading cryptocurrency.

Meanwhile, Geoff Kendrick, Standard Chartered analyst, believes the coin has potential to hit $200,000 by the end of 2025. Kendrick drew a positive correlation between Bitcoin and U.S. Treasury term premiums, which are on the rise as a result of the government shutdown.





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Matthew McConaughey Talks More About Shooting That Iconic One-Take 'Interstellar' Moment
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Matthew McConaughey Talks More About Shooting That Iconic One-Take ‘Interstellar’ Moment

by admin October 3, 2025



Matthew McConaughey looked back on filming that pivotal crying scene in Interstellar, where a drastic time jump occurs to his space-traveler lead role in Christopher Nolan’s powerful sci-fi epic. 

In a career retrospective video with Vanity Fair, McConaughey reacted to his emotional reaction as Cooper, an astronaut who, after a nearly failed mission on a water planet experiencing extreme time dilation (an hour there is seven years on Earth), ends up losing 23 years of his young children’s lives in a matter of a few hours.

The actor talked about his prep for the heartbreaking moment: “It was the first scene up. I had gotten good rest that weekend, and I had had a pretty humble, good weekend. I was with my family,” McConaughey explained, touching on the fact that ultimately, the key scene was a one-and-done moment: the first take is what audiences eventually saw in the film.

“We got in, and Nolan was going to set up, they were about to play the tape. ‘Let’s rehearse the tape.’ I went, ‘Ah, ah.’ I remember, I think I had a note. I’d written, ‘See you first,’” McConaughey continued. “I handed it to Chris. All of a sudden, things came over, and cameras were there, and we played the tape. And again, this is that first take; that’s what we used.”

Of course, that moment would go on to be one of Interstellar‘s most memorable, not just for its dramatic connection in the film, but also for how it spun off into its own life as a viral internet reaction meme, used to convey everything from somber experiences to overblown fictional tragedy striking any given fandom.

“I didn’t have to go to a place. I did think about, and I did try to understand, what if one day you go to work, and [then] you were gone for 10 years. When Casey Affleck and Chastain come on [playing Cooper’s grown up children], the dread of having to miss that in my own life with my own kids, I just reacted.” McConaughey elaborated. “Which is what I’ve learned I like to do… there’s things like that. Because I’ve consistently tried to [be like], ‘Let’s just do the first take.’ Because everything after take one is acting, for real. We can improve stuff in take two, but everything after take one, if you’re fully relaxed and just reacting—everything after take one is acting. I didn’t want to know what was coming.

“I wanted to just… that’s all about relaxing, then. That’s just me relaxing, then what happens, happened.”

And what happened was one of the most iconic moments in McConaughey’s career—memery or otherwise.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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October 3, 2025 0 comments
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