Crypto News

Blockchain security firm Salus says Tether has blacklisted nine addresses linked to the CoinDCX incident, freezing 2,212,850.30 USDT, worth about $2.21 million. The freeze took effect on 22 October at 22:45:39 UTC. Salus said its investigators had traced an unusual transfer of about 15.99 million USDT, including funds split and sent to exchange deposit addresses. The firm also cited questions about transfers involving proof-of-reserves addresses and TRX distribution patterns. Salus said the on-chain evidence supported Tether’s decision and that it would continue helping with the investigation and recovery of funds.

Five G10 central banks are due to meet this week, with the Reserve Bank of New Zealand (RBNZ) and Bank of Canada (BoC) seen as the most likely to raise interest rates. The decisions could influence currency markets and expectations for global monetary policy. Last week, the US dollar generally weakened against G10 currencies, while the euro lost about 0.35% amid rising bond-market tensions. Changes in the euro have shown a rolling 30-day correlation of around -0.45 with changes in US-German two-year and 10-year yield differentials. China’s CSI 300 index is down nearly 10% this year. Reports in mid-October said Beijing was encouraging insurers and state funds to support equities. In Australia, interest-rate swap markets raised the implied odds of a rate hike from roughly 35% on October 16 to 80% before the weekend. Australia and Norway have the highest policy rates in the G10 and their currencies are the group’s strongest performers this year.

Four.Meme’s OpenFour has launched Binance Agent ID Exclusive, a token-launch mode for AI agents in the BNB Chain ecosystem, with Binance Wallet support. The Four.Meme mode uses BNB for fundraising and allows creators to set an optional trading tax. During the bonding-curve phase, only Binance Agentic Wallets holding an Agent ID can trade, and each wallet is limited to 1% of the token supply. Tokens cannot be transferred during this phase. Trading opens to all users after a token graduates. Binance Wallet users can participate without enabling Developer Mode. Any wallet can create a token through the mode. Developers may buy up to 1.5% of the fundraising amount before launch and sell during the bonding-curve phase, but cannot buy more after launch. Tokens issued through the program will carry a “.ai” label on Four.Meme.

Bitcoin rebounded above $80,000 after falling to a five-week low near $79,000, defying Peter Schiff’s prediction that BTC would drop to $75,000 over the weekend. The cryptocurrency briefly touched $81,000 before easing, and was still about $5,500 above Schiff’s target on Sunday morning. Schiff had described Bitcoin as “breaking down” and warned that ETF investors would be unable to sell during the weekend. Bitcoin’s quick recovery shows that the forecast did not immediately play out, though prices remained volatile. Analyst Willy Woo called Schiff a useful contrarian signal. The article also notes Schiff’s earlier bearish predictions, including claims that Bitcoin would not reach $50,000 and that spot ETF demand would disappoint. It contrasts those calls with more than $55 billion in reported inflows to Bitcoin ETFs. The rebound does not settle Bitcoin’s direction, but traders may watch whether BTC holds above $80,000 and how ETF flows and broader market sentiment develop.

Papertrade generated $8.5 million in revenue over the past seven days, ranking fifth among protocols by revenue. It trailed Tether, Circle, Pump.fun and Hyperliquid. The report provides no further details on the source of Papertrade’s revenue or how the ranking was calculated.

This crypto market brief highlights mixed signals for traders. Bitcoin (BTC) analysts identify $80,000–$81,000 as a potential long-term accumulation zone, with a possible target of $94,000. Bitcoin critic Peter Schiff, meanwhile, says the next support could be $75,000, underscoring uncertainty around BTC’s near-term direction. A wallet linked to the Worldcoin project deposited 10.5 million WLD, worth about $4.857 million, to exchanges over 11 hours. Such transfers can raise expectations of potential selling, although deposits alone do not confirm that tokens will be sold. Trader Frank also clarified that major perpetual-futures wallets are not yet profitable overall. Other developments include Elon Musk’s plan for a feature allowing users to send $1 through X Money by holding the like button, and a FOMO co-founder’s view that the market already has too many tokens and the team does not plan to launch another token platform. Robinhood Chain analysis found that nearly 60% of its stock-token trading takes place outside regular US market hours, highlighting the potential appeal of round-the-clock, on-chain trading. Separately, South Korean retail investors have net bought $3.548 billion of SOXL since October, nearly 74% of their net US stock purchases over the period.

An account with more than $30,000 in cumulative losses bought $360,000 worth of Polymarket shares predicting that the Federal Reserve will hold interest rates in October. The position was opened at an average price of 85.5 cents per share, for a total of 377,658.3 shares. The Fed October rate-hold position reflects one trader’s prediction-market view, not a confirmed policy decision. The trade alone does not establish a broader market consensus.

Bitcoin creator Satoshi Nakamoto may hold about 1.1 million BTC mined in Bitcoin’s earliest days, according to long-standing estimates. At prices near $80,000, the stash would be worth roughly $88 billion, although the exact amount and ownership cannot be confirmed. No confirmed outgoing transaction from wallets attributed to Satoshi has shown that the coins were spent or sold. Their apparent dormancy makes the Bitcoin holdings significant to traders: a confirmed movement could prompt questions about circulating supply and whether the creator has returned. So far, movements in other old wallets have not been linked conclusively to Satoshi.

Lookonchain reported that trader 0xe813 opened a long position of 26,974 ETH after the market fell. The ETH position is valued at about $63.88 million and is showing an unrealised profit of $842,000. Lookonchain describes the trader as having a 100% win rate and says they previously made $3.3 million trading NEAR. The large ETH long position may draw attention from traders, but it represents one trader’s activity and does not by itself confirm a broader market reversal.

Coinbase co-founder Brian Armstrong gained 52.2% of the exchange’s voting power in May 2021 without buying additional shares. Coinbase’s dual-class share structure gave Class B shares 20 votes each, compared with one vote for public Class A shares. When some Class B shareholders sold or transferred shares, those shares converted into Class A, reducing their voting weight and increasing Armstrong’s relative influence. Coinbase’s April 2026 proxy statement reported that Armstrong held 49.6% of total voting power as of March 31, 2026. A further 18.9% was held by entities and trusts he established but that are administered by an independent trustee. Coinbase said Armstrong and the trustee could collectively exercise majority voting rights. The arrangement gives the founder substantial influence over board elections and other corporate decisions, while limiting ordinary shareholders’ say. The governance structure is relevant to Coinbase investors, but the article reports no direct impact on crypto prices.

Robinhood Chain recorded $3.68 billion in decentralised exchange trading volume for tokenised stocks between 24 September and 23 October, according to crypto researcher Tom Wan. Some 59% of that activity took place outside regular US stock-market hours. Regular-session trading accounted for $1.5 billion, or 41% of the total. The remaining activity included $677 million in pre-market trading, $608 million overnight, $532 million at weekends and $363 million after hours. The figures highlight Robinhood Chain’s role in offering access to tokenised stocks beyond conventional market schedules. Nasdaq and NYSE Arca plan to introduce trading five days a week for 23 hours a day from 6 December. That change could address some demand for overnight access, but would not provide weekend trading. Wan said weekend availability remains a distinctive advantage for on-chain markets.

Bitcoin critic and gold advocate Peter Schiff says Bitcoin has weakened after falling below $80,000, and identifies $75,000 as a possible next support level. Schiff warned that if Bitcoin fails to hold that level, holders could face a difficult weekend. He singled out spot Bitcoin ETF investors, who cannot trade until markets reopen on Monday. His comments are a market opinion, not confirmation that Bitcoin will reach $75,000.

Trader Frank has clarified that his main perpetuals wallet is still not profitable overall, despite community praise calling him “the best trader.” The DeGods founder said most of the money he has earned came from on-chain trading across previous market cycles, not from his main perpetuals wallet. Frank’s cumulative PnL ranking on the Fomo platform briefly moved ahead of Bonk Guy’s to take first place, but Bonk Guy has since overtaken him. The remarks offer context on Frank’s trading performance but do not point to a change in market direction.

FOMO co-founder Se Yong Park said the crypto market already has too many tokens and the team has no plans to launch a new token platform. Park denied speculation that FOMO would build a Solana-based launchpad to compete with Pump.fun. Instead, the team wants to help strong communities grow over time. The comments signal no immediate new FOMO launchpad or token supply, but do not announce a specific product or market change.

The article is a Seeking Alpha political discussion page, not a substantive markets report. It contains forum rules and investment disclaimers but provides no specific political developments, market data, company news or cryptocurrency updates. It therefore offers no actionable information for traders.

XRP has fallen nearly 30% in 2026, trading around $1.29 on October 24, despite Ripple expanding its institutional partnerships. Ripple Prime joined a DTCC working group of more than 50 companies, including BlackRock and JPMorgan, exploring tokenized securities. However, DTCC has not committed to using XRP or the XRP Ledger for settlement, and its initial tokenization trades used other blockchain infrastructure. Ripple has also announced partnerships with South Korea’s Meritz Securities and brokerage platform DriveWealth. In Brazil, CSD BR is using the XRP Ledger to mirror investment fund ownership records, though regulated systems remain authoritative. These developments show growing institutional use of Ripple’s services and blockchain infrastructure, but do not confirm significant new demand for XRP. That distinction matters because Ripple can earn revenue from custody, brokerage and payments without customers buying large amounts of XRP. Market headwinds include about 6.05 billion XRP transferred to exchanges over a recent 30-day period—though deposits do not necessarily mean sales—and the end of a 13-week streak of inflows into XRP exchange-traded funds. Traders will be watching for evidence that Ripple’s partnerships translate into measurable XRP usage and buying demand.

US GDP, PCE inflation and major technology earnings are the key market catalysts next week. On Thursday, the US will release its preliminary third-quarter GDP estimate and September PCE inflation data, alongside personal spending and weekly jobless claims. The Federal Reserve is also scheduled to announce its rate decision early Thursday, followed by a news conference with Chair Jerome Powell, according to the article. Microsoft and Alphabet report after Wednesday’s US market close, with Amazon due after Thursday’s close. Chipmakers Intel, SK Hynix and Samsung Electronics are also among the companies reporting. The data and earnings could influence expectations for interest rates, AI investment returns and risk appetite across technology markets. For crypto traders, these events may add volatility to Bitcoin and other digital assets through shifts in macroeconomic expectations and broader market sentiment.

Solana Company has been recognised as a strategic enterprise by Hong Kong’s Office for Attracting Strategic Enterprises (OASES), joining the government’s seventh batch of selected companies. It is the only blockchain infrastructure company brought in by OASES in 2026. Solana Company has established an office in Hong Kong that will serve as its Asia-Pacific headquarters and regional operations base. The company also plans to operate validator nodes in Hong Kong through its Pacific Backbone initiative. The move expands Solana Company’s regional presence, but the announcement does not specify investment amounts, timelines or operational scale.

Trader Doctor Profit says he continues to hold his BTC spot positions opened near $60,000 and keeps a price target of $94,000. He plans to add to his long position if BTC returns to around $80,000. He has viewed the $80,000–$81,000 range as a long-term BTC accumulation zone for several weeks, emphasizing that the strategy is based on the broader trend rather than a short-term $4,000 move. The comments reflect one trader’s outlook and do not confirm a broader market consensus.

W Group, the ecosystem behind crypto exchange WhiteBIT, has invested in derivatives provider SwapGlobal as it develops institutional pre-IPO products. The October 23 announcement did not disclose the investment amount and said SwapGlobal was preparing its first pre-IPO transactions. WhiteBIT also named Dutch investor Marcel Boekhoorn and Amsterdam-based Kenzoll Capital as backers. SwapGlobal plans to offer hedge funds and asset managers contractual exposure to private companies, without giving clients direct share ownership or shareholder rights. The provider says it will hedge client positions and use qualified custodians for collateral. Its over-the-counter offering includes swaps, forwards and options, with margin requirements that can create changing liquidity needs. The funding is intended to support trading and working capital as SwapGlobal expands beyond crypto. Its longer-term ambitions include exposure to foreign equities, computing power and digital assets. The announcement did not provide detailed transaction terms, so valuation, maturity and settlement arrangements remain important questions for prospective clients.

South Korean retail investors bought about $4.8 billion of US stocks net from 1 to 22 October, according to the Korea Securities Depository. They directed $3.548 billion to SOXL, the three-times leveraged semiconductor ETF, equal to 73.9% of their net US stock purchases during the period. The buying came as South Korea’s KOSPI fell 18.83% in October. From 1 to 23 October, individual investors also recorded net purchases of 315.4 billion won in leveraged products tied to Samsung Electronics and SK Hynix shares, the first monthly net buying since regulators tightened rules in late July. The figures show concentrated retail demand for leveraged semiconductor exposure despite a sharp decline in the domestic equity market.

Circle CEO Jeremy Allaire says the GENIUS Act is unlikely to be repealed if Democrats take control of the House, pointing to bipartisan support for the stablecoin law. It passed the Senate 68–30 and the House 308–122, with 102 House Democrats and 18 Senate Democrats voting in favour. The Office of the Comptroller of the Currency released final rules for implementing the GENIUS Act on October 21, 2026. The rules require payment stablecoins to be backed by 1:1 reserves and set standards for redemptions, custody and capital. They are due to take effect on January 18, 2027, when the law is scheduled to become fully effective. Allaire argues the framework gives USDC and Circle greater regulatory certainty. USDC circulation reached $73.3 billion in Q2 2026, up 19% year on year. A change in House control could still lead to amendments or tougher oversight, even if repeal is unlikely. For stablecoin issuers, the immediate focus is preparing to meet the new compliance requirements.

A wallet linked to the Worldcoin project deposited 10.5 million WLD, worth about $4.857 million, to exchanges over 11 hours, according to on-chain analyst Ai Yi. The WLD reportedly came from tokens transferred by the project three years ago. Three days earlier, another related wallet moved tokens worth $1.61 million to exchanges. Exchange deposits do not confirm that tokens have been sold, but the transfers may raise short-term selling-pressure concerns for WLD traders.

Aave Labs says its proposed V3.8 security upgrade will preserve flash-loan liquidations. The reentrancy guard would exclude the flashLoan() and flashLoanSimple() entry points, allowing callback contracts to continue interacting with the Aave Pool before repayment is checked. This is important for liquidation integrations, which may need to borrow assets and complete several protocol actions in one transaction. The proposal, published on October 21, uses Ethereum’s EIP-1153 transient storage to track temporary lock state. Aave Labs clarified the design on October 23. The upgrade still requires community feedback, a Snapshot vote, security reviews—including work expected from Certora—and an on-chain governance proposal. The final implementation must be reviewed to confirm that the guard protects Pool operations without disrupting integrations.

Serbia’s student-backed “Students Win” list is running neck and neck with the ruling Serbian Progressive Party (SNS) ahead of the 2026 parliamentary election, according to a Reuters report. SNS has governed since 2012. The student movement gained momentum after protests over the 2024 Novi Sad incident, which raised allegations of corruption and institutional failures. A prediction market puts the chance of the student list winning at least 50% of the vote at 13.9% YES, reflecting uncertainty despite the competitive race. Polling, youth turnout and participation in protest centers could shift expectations. The Serbian student movement’s challenge marks a significant political test for SNS, but the article gives no direct indication of an effect on cryptocurrency prices or trading.

Bloom Energy (BE) reported third-quarter results that exceeded expectations for both revenue and profitability, and raised its full-year guidance for the third consecutive quarter. However, the positive results have not eased concerns about the company’s outlook. The article’s author points to negative free cash flow, expected near-term margin pressure and worsening sentiment around AI infrastructure spending. Bloom Energy also disclosed risks related to project delays and the availability of financing, signalling potential headwinds for AI infrastructure suppliers. Concerns about customer CoreWeave’s debt could add further uncertainty. The author argues these risks may outweigh strong quarterly performance and reiterates a Sell rating on Bloom Energy shares. For traders, the key factors to watch are future cash flow, margins, project execution and customer financing risks.

IRYS fell more than 70% in 24 hours to 0.031 USDT, according to OKX market data. The token had reached a high of 0.32 USDT on 24 October. The sharp IRYS price drop points to extreme short-term volatility, though the report did not specify a cause.

The crypto market brief for 25 October highlights token flows, security risks and leveraged trading. Arthur Hayes transferred another 14 million ENA tokens to Cumberland, a move traders may monitor for potential selling pressure, though a transfer alone does not confirm a sale. Keystone said unauthorised access to its website exposed customers’ names and delivery addresses. Electrum disclosed a high-risk vulnerability and urged users to update to version 4.8.3. Strategy, Strive and other firms reportedly used preferred-stock financing to support purchases of 135,979 BTC—more than 0.5% of Bitcoin’s maximum supply. Separately, a large trader holding $397 million in BTC and ETH long positions added $9.21 million in margin to lower the ETH liquidation price. Bonk Guy said overtrading after the 10 October market crash cost him millions, underscoring the risks of chasing volatile moves. US market breadth also improved, with 61% of S&P 500 constituents above their 50-day moving average.

An analysis of the Dan Ives Wedbush AI Revolution ETF (IVES) maintains a buy outlook, citing a roughly 20% year-to-date return and performance ahead of the S&P 500. The ETF offers concentrated exposure to leading artificial intelligence and technology companies. The analysis points to a price/earnings-to-growth ratio of 0.77 and a corrected price-to-earnings ratio below 21 as signs of appealing valuation. It also notes that momentum has cooled and volatility remains elevated. Technical indicators, technology-sector seasonality, market leadership and potential earnings catalysts are presented as factors supporting the bullish outlook into year-end. These are the author’s views, and past performance does not guarantee future results.