Crypto Update: Big Money Bets $37.5M on Bitcoin, and Pepeto's 1000x Setup Is Pulling Buyers In

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October 9, 2026 · 7:40 PM

Crypto Update: Big Money Bets $37.5M on Bitcoin, and Pepeto's 1000x Setup Is Pulling Buyers In

Most people read a crypto update to learn one thing: are the big players still buying? This week said yes, but prices hid it. On October 9, a bitcoin life insurer called Meanwhile raised $37.5 million in a round led by Bain Capital Crypto, CoinDesk reported. A day earlier, bitcoin had dropped near $...

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