President Trump’s Binance pardon of CZ removed a major legal overhang for Binance. Following the Binance pardon, BNB jumped over 7% and World Liberty token WLD climbed 5%. Bitcoin rallied strongly, on track for its largest gain since April, as gold fell and demand for digital assets rose. Ethereum also posted modest gains under 1%.
Altcoins saw mixed moves. XRP slipped 2.5% after failing to breach its 50-day moving average. Memecoins Dogecoin and Shiba Inu rose 6% and 4% respectively. The Dogecoin Foundation revealed plans for a U.S. IPO backed by $175 million in private placement to boost DOGE reserves and institutional interest. Meanwhile, the Shiba Inu community issued a phishing scam warning targeting SHIB, LEASH and BONE wallets.
This combination of regulatory relief, market momentum and security alerts offers traders clear bullish catalysts for BNB and Bitcoin, while underscoring technical headwinds for XRP and scam risks in Shiba Inu tokens.
XRP has rallied 11.4% over four days following significant whale accumulation and a decisive breakout above $2.55. Open interest plunged to May lows near $550 million after October’s dip, clearing excess positions and setting the stage for a rebound. Within 24 hours, open interest climbed back to $590 million, while taker buy volume outpaced sells, reinforcing bullish momentum. XRP now faces short-term resistance at $2.64 and $2.77, with $2.80–$3.00 as a critical supply zone. A sustained break above $2.80 would confirm a bullish reversal and open targets at $3.10, $3.40, and potentially $4.50 as seen in prior rallies. Bitcoin’s strength above $112 000 further supports the uptrend. Traders should monitor volume trends, resistance breakouts, and manage risk around key support at $2.80.
Binance has announced a deposits suspension for Mantra (OM) and MultiversX (EGLD) ahead of critical network upgrades. For OM, deposits and withdrawals will be paused at 07:51 UTC on October 27, 2025, coinciding with the MANTRA protocol update at block height 9,664,888. EGLD transfers will halt at 16:00 UTC on October 30, 2025, ahead of the MultiversX upgrade at 01:00 UTC on October 31. Trading for both tokens will remain active on Binance. The network upgrades aim to enhance security, scalability and transaction speed across the Mantra DeFi ecosystem and the enterprise-focused MultiversX platform. Users are advised to complete any OM or EGLD deposits and withdrawals before the suspension windows. This temporary deposits suspension ensures all transactions process safely on the upgraded networks. Deposit and withdrawal services will resume once both networks are fully validated and stable; users should monitor official Binance announcements for the exact resumption time.
An on-chain analysis shows a major whale executed a series of WBTC purchases, underscoring renewed bullish sentiment. Over the past four days, the whale spent 30 million USDT to acquire 264.8 WBTC at an average price of $113,262. Previously, it bought 97.6 WBTC in late September at $110,039 and sold in early October at $118,748 for an $850,000 profit. Most recently, within 15 minutes, the whale deployed another 14.41 million USDT to secure 126.18 WBTC, bringing total holdings to 397.91 WBTC with an average entry of $111,608 and an unrealized gain of $780,000. This aggressive accumulation of tokenized Bitcoin highlights strong USDT flows into WBTC and may signal further upside as liquidity tightens. Traders should monitor whale activity and on-chain USDT movements for potential price momentum.
Yuga Labs will launch the Otherside Metaverse on November 12, 2025. The blockchain gaming platform extends the Bored Ape Yacht Club ecosystem. Otherside Metaverse integrates gaming and social features from Fortnite, Roblox and Minecraft. Users can join with email or crypto wallets, chat via text or voice, and trade NFT avatars and in-game items. The platform supports true NFT ownership, boosting NFT gaming and digital asset liquidity. Initial zones include The Swamp, Nexus and audio rooms called Bubbles, along with community builds like Bathroom Blitz. Yuga Labs unveiled the Boximus NFT collection with Amazon and an art partnership with Daniel Arsham. The platform is backed by a $450 million funding round. Developers can use the Unreal Engine–based ODK to build and monetize Web3 experiences. The launch aims to bridge Web2 familiarity with Web3 innovation and drive long-term community growth.
Bullish
Otherside MetaverseBored Ape Yacht ClubNFT GamingBlockchain GamingWeb3 Development
India has claimed first place in TRM Labs’ 2025 Country Crypto Adoption Index for the third consecutive year. Crypto adoption in India continues to outpace other major markets, driven by its young population, rising crypto literacy, a growing developer community, and expanding retail and institutional participation.
The United States ranks second but achieved record transaction volume. Between January and July 2025, US crypto activity rose 50% year-on-year, surpassing $1 trillion. This surge coincided with regulatory developments such as the GENIUS Act and a White House digital asset report, plus a 30% increase in web traffic to virtual asset service providers after the 2024 presidential election.
Stablecoins accounted for 30% of global crypto transaction volume in the same period. Trading volumes jumped 83% year-on-year to over $4 trillion, with Tether (USDT) and Circle’s USDC holding 93% of market capitalization. While 99% of stablecoin transactions are legitimate, 60% of illicit crypto transfers in Q1 2025 involved stablecoins due to their low fees and speed.
Traders should note these adoption trends and record stablecoin flows as indicators of rising market liquidity and mainstream use.
Cardano (ADA) has formed a rare MACD golden cross below zero on its daily chart, a bullish indicator historically leading to over 60% price gains. After a brief 4% pullback, the MACD golden cross is confirmed as the histogram stands at -0.0073 and the RSI nears oversold at 39.4. Key resistance lies at $0.74–$0.77 and the 50-day SMA around $0.80; clearing these levels could trigger a rally toward $1.02–$1.04. On the downside, a drop below $0.60 may open a retest of $0.50. Meanwhile, Emurgo and Gero Wallet are launching ADA payment cards, and investors await the SEC’s decision on the Grayscale Cardano Trust ETF (GADA).
Bullish
CardanoMACD Golden CrossADA RallyADA Payment CardsCardano ETF
AI browsers such as OpenAI Atlas and Perplexity Comet face critical AI browser security flaws that expose them to prompt injection risks. Hackers can embed hidden instructions in webpages or images. When processed by the AI agent, these prompts execute unauthorized tasks, allowing access to emails, social media sessions, and banking details. Attackers can even move funds without user knowledge. These prompt injection exploits stem from large language models failing to distinguish malicious data from genuine input. Both OpenAI and Perplexity have rolled out multi-layer defenses, including real-time threat detection, guardrail prompts, and mandatory user confirmations for sensitive actions. Security experts recommend disabling automated actions and avoiding logins to personal accounts until full AI browser security updates are in place. Traders should monitor these developments closely, as flaws in automated tools could impact market confidence and trading stability. Maintaining robust AI browser security is essential to preserve market confidence in automated trading.
Bearish
AI browser securityprompt injectionOpenAI AtlasPerplexity Cometautomated trading
The Bitcoin Stock-to-Flow Model forecasts a $222,000 peak based on halvings but overlooks demand-side factors. Institutional demand from ETPs and corporate treasury holdings now exceeds the latest halving’s annual supply cut by over seven times, creating a support floor above $100,000. Traders should monitor ETP inflows, on-chain whale accumulation and global liquidity trends such as M2 money supply growth. While some analysts project BTC to hit $200,000 by end-2025 or even $500,000 in 2026, skeptics argue that such targets require extreme catalysts. Incorporating demand indicators alongside supply metrics can yield more accurate Bitcoin price forecasts and better reflect evolving market dynamics.
Apple will equip the 2027 iPad Pro with the iPhone 17 Pro’s fanless vapor chamber cooling system and a next-generation M6 chip built on TSMC’s 2nm process to eliminate thermal throttling during GPU-intensive tasks and on-device AI. Exclusive to the Pro line, this upgrade maintains the iPad Pro’s slim, fanless design and long battery life while distinguishing it from the 2026 iPad Air. Apple also plans to launch paid search ads in Apple Maps next year, and the long-rumoured 18-inch foldable iPad has been delayed to 2029 due to durability and weight challenges.
Bitcoin World Disrupt 2025 runs October 27–29 at Moscone West in San Francisco, uniting over 10,000 founders, investors and innovators for a premier crypto conference. The event features 200+ sessions and 300+ startup showcases, including live demos and the Startup Battlefield 200 competition with a $100,000 prize. More than 250 speakers from Google Cloud, Netflix, Microsoft, a16z and ElevenLabs will discuss AI strategies, funding tactics and IPO pathways. Attendees can book 1:1 meetings, join Braindate financing discussions, network in Deal Flow Cafés, and attend side events like pitch nights, the AI Stage and private dinners. Early bird offers include up to $444 off individual passes, 40% off plus-one tickets, and 15–30% group discounts. Disrupt 2025 presents unparalleled deal-flow and partnership opportunities in blockchain and deep tech.
Bullish
Bitcoin World Disrupt 2025Crypto ConferenceStartup PitchBlockchain InnovationAI Strategies
Bitcoin treasury firms have slipped to deep NAV discounts amid flat BTC prices and weak market sentiment. Since mid-2024, companies such as Semler Scientific, Strive and KindlyMD trade at just 0.5–0.8× market-to-NAV (mNAV) due to debt burdens, SPAC declines and stagnant bitcoin prices. Strive’s share price plunged 90% in one month, while other treasury holdings—including Capital B, Smarter Web Company and H100 Group—face similar discounts. Share buyback programs have largely failed to restore premiums: Empery Digital’s $100 million debt-financed repurchase lost 60% in value, and Sequans Communications’ 10% ADS buyback underperformed. Only MicroStrategy retains a NAV premium at 1.39×, though this has halved from early 2024 highs. Some firms are now deploying small bitcoin allocations into low-yield trading strategies, echoing MicroStrategy’s 2022 playbook. Traders should monitor NAV discounts, share buyback announcements and bitcoin price stability for potential entry points in bitcoin treasury firms.
Crypto M&A activity reached a record $10B in Q3 2025 as 312 rate cuts over 24 months drove capital toward risk assets. Firms pursued deals to bridge traditional finance with digital markets, boost compliance and build scalable payment networks. At the same time, central banks added gold at record rates while institutional inflows to Bitcoin rose. Long-term Bitcoin holders now hold near-record supply and exchange balances have fallen. Traders increasingly see Bitcoin as digital gold under easy-money policies. Analysts say the crypto winter is over as disciplined projects clear due diligence and win funding. Strong institutional demand, cheap financing and rising risk appetite should fuel further Crypto M&A and support market liquidity.
Michael Selig has been confirmed as the 16th CFTC chair, marking a pro-crypto shift in U.S. regulation. Backed by Cardano founder Charles Hoskinson, CFTC chair Michael Selig will champion clearer rules and digital assets innovation. His appointment coincides with the GENIUS Act and CLARITY Act, which allocate oversight between the CFTC and SEC. Seventy percent of industry experts view this move as positive for digital assets growth. The Blockchain Association estimates that regulatory clarity could unlock $2 trillion in institutional investment by 2026. Selig’s close work with SEC chair Paul Atkins promises streamlined regulation and reduced enforcement overlaps. With U.S. firms accounting for 40% of global crypto trading volume, coordinated CFTC regulation is expected to boost domestic listings, improve market stability, and trigger short-term bullish momentum. Traders should watch for upcoming CFTC guidance on spot markets, stablecoins, and DeFi to adjust their strategies under a more transparent crypto regulation framework.
Since January 2024, North Korean crypto theft has reached $2.83 billion, with $1.64 billion stolen in the first nine months of 2025, according to a Multilateral Sanctions Monitoring Team (MSMT) report. This surge in North Korean crypto theft comes amid growing reliance on international laundering channels. The largest incident occurred in February 2025 when the TraderTraitor group exploited Bybit’s SafeWallet multi-signature system via phishing and malware.
North Korean hackers typically target third-party providers rather than exchanges directly, as demonstrated by CryptoCore and Citrine Sleet’s $63 million Munchables Web3 supply-chain hack. Stolen funds are processed through a nine-step laundering network: assets convert to ETH on decentralized exchanges, pass through mixers like Tornado Cash and Wasabi Wallet, shift to BTC across bridging platforms, undergo further mixing, then convert to TRX and finally to USDT for OTC sales. MSMT identifies key facilitators, including Shenzhen Chain Element employees, Russian intermediaries, and Cambodia’s Huione Pay.
The report warns that North Korean crypto theft undermines sanctions and calls on UN member states to bolster cybersecurity measures and revive oversight panels.
Bearish
North Korean crypto theftBybit SafeWallet exploitCryptocurrency launderingSanctions monitoringCrypto security
XRP experienced two notable short squeezes in October. On October 17, easing US–China trade tensions triggered $1.13 million in total derivatives liquidations, with $1.02 million in XRP short positions wiped out—a 1,000% imbalance—and a sharp price rise from $2.19 to $2.29. On October 26, another squeeze forced $4.77 million of XRP shorts to liquidate. Total liquidations hit $5.95 million, a 404% short imbalance, lifting XRP/USDT from $2.57 to $2.64 on Binance. Meanwhile, Bitcoin and Ethereum saw combined liquidations of over $100 million. Traders should monitor XRP open interest, funding rates and support levels. The events underscore the risks of leveraged shorts and the volatility driven by macroeconomic headlines in the derivatives market.
Bitcoin’s 90-day volatility index has plunged to record lows in 2025, reducing the value of embedded call options in MicroStrategy’s convertible debt and forcing the company to offer less favorable terms for BTC purchases. With MicroStrategy’s mNAV at 1.1X, further equity offerings may face hurdles if the ratio falls below 1, stalling its leveraged accumulation since July’s price overhaul near $21K. Institutional factors, including ETF inflows and corporate treasury allocations, have stabilized Bitcoin prices but curbed volatility-driven trading opportunities. Meanwhile, digital asset treasury (DAT) companies have largely paused buying—after significant August purchases, bids waned in September and dropped to near zero in October—contributing to an estimated $17 billion in retail losses. This dwindling DAT demand and low volatility pose short-term risks for Bitcoin, suggesting traders maintain caution ahead of key macro events like the Fed rate decision and U.S.–China tariff talks. BTC was trading around $111.6K at press time. Traders should monitor Bitcoin volatility trends and institutional flows to identify potential market shifts.
BNB has outperformed Ethereum year-to-date on the back of robust on-chain metrics and solid technical trends. Active addresses on the BNB Chain rebounded from a low of 800,000 to pre-deleveraging levels, indicating improved network health. Transfer volume and large transactions have surged, maintaining high liquidity even after the recent memecoin season. Technical indicators show BNB trading at its 45-day moving average around $1,138, well above the 90-day average of $941. Short-term moving averages (7 to 30 days) have turned upward alongside rising volume. Historically, rebound above the 45-day MA often precedes strong rallies. The upward-sloping 60- and 90-day trends and repeated retests of the mid-term base point to accumulation and compressed volatility, common precursors to breakout phases. Stable volume during recoveries reflects buyer confidence. Together, these factors suggest a bullish outlook for BNB with potential for both short-term gains and sustained momentum.
Canada’s Finance Minister Mark Carney responded to President Trump’s new 10% tariff on Canadian goods by emphasizing Canada’s readiness to resume Canada-US trade talks at any time, favoring substantive negotiation over public disputes. Speaking at the ASEAN summit in Malaysia, Carney highlighted plans to diversify exports beyond the US, targeting Asian markets and aiming to double non-US shipments over the next decade, while promoting Pacific-coast LNG terminals as reliable energy supply.
Despite US base tariffs on Canadian products reaching 35% with USMCA exemptions and sector levies on steel and aluminum, Canada maintains a diplomatic approach focused on Canada-US trade talks and structured dialogue. This measured stance contrasts with recent tariff theatrics and could sway USD/CAD rates and crypto market sentiment amid ongoing global trade tensions.
XRP price has rebounded from a low of $2.35 and is now consolidating around $2.66. Trading volume is up 15–20% on-chain, indicating renewed institutional accumulation. XRP price has climbed above its 200-day moving average and is testing the 50-day EMA near $2.77. Immediate resistance lies between $2.77 and $2.90; a decisive close above this range could trigger short liquidations exceeding $50 million and spark a rally toward the $3.00–$3.10 zone. The RSI sits at a neutral 53, leaving room for further upside without overbought pressure. On-chain data from Glassnode and CryptoQuant show rising whale transactions, while Santiment reports a 25% spike in social volume. Key support levels are $2.55 and $2.45; holding these floor prices may set the stage for 20–30% gains, as seen in past recoveries. Failure to breach $2.90 could lead to extended consolidation, offering traders another accumulation window before the next bullish impulse.
Crypto rally gained momentum after US September CPI data showed cooler inflation, boosting Fed rate-cut expectations. Bitcoin climbed from $111,300 to $112,866, marking a 5% weekly rise, while total market cap jumped 14% to $3.73 trillion.
Leading altcoins outperformed, with ZEC up 17.7%, HYPE up 16.1%, AERO up 11% and VIRTUAL up 6%. The slowdown in headline CPI to 0.3% month-on-month and core CPI hitting a three-month low of 0.2% increased the odds of a December rate cut and end of quantitative tightening, according to ING Bank.
This crypto rally was further supported by President Trump’s Asia tour and the upcoming Trump-Xi meeting at the APEC summit, which could ease US-China trade tensions and reduce market risks.
However, analysts warn the rally could be a dead-cat bounce as Bitcoin faces resistance at its 100-day moving average. Traders will monitor the Fed decision, the APEC summit outcomes and major tech earnings for clues on the rally’s sustainability.
An on-chain analysis reveals a single crypto whale, boasting a 100% win rate since October 14, has amassed total profits of $20.04 million. After Bitcoin broke above the $113,000 resistance level, the whale’s combined BTC and ETH long positions now show $7.67 million in unrealized profits. This significant unrealized PnL highlights strong bullish momentum among major holders and elevated on-chain liquidity shifts. Traders tracking whale activity and key support levels may gain valuable trading signals and better time entries and exits in volatile markets.
US EV investments dropped 30% to $8.1 billion in Q3 2025 after the Trump administration removed tax credits and rolled back emissions rules. This slump in US EV investments led to the cancellation of $7 billion in planned projects amid policy uncertainty.
Automakers felt the impact: GM expects a $1.6 billion EV-related loss this quarter, while Ford pivots to partial electrification. Volvo’s CEO warns that regulatory shifts could let China widen its lead in the EV market.
China delivered a record 2.1 million electric vehicles in September, accounting for two-thirds of global EV sales. AlixPartners cut its US EV sales forecast to just 7% of national car sales by 2026—half its prior estimate.
In Europe, manufacturers are lobbying to ease the 2035 ban on internal combustion engines. Observers say stable policies are crucial to attract funding, maintain competitiveness and secure market share.
Neutral
US EV InvestmentsEV MarketChina EV SalesPolicy UncertaintyAutomotive Losses
Pendle launched Boros in August 2025, the first on-chain platform to tokenize perpetual swap funding rates into standardized YU derivatives. Traders can go long or short on funding rate derivatives with 8-hour settlements on Binance and 1-hour on Hyperliquid, using up to 3× leverage. In two months, Boros recorded $950 M in volume, $61 M open interest, over 11,000 users and $730 K in annualized revenue. Liquidity providers earn swap fees, PENDLE rewards and vault APYs up to 60%. All protocol fees flow back to PENDLE and vePENDLE holders, contributing to a 40% spike in PENDLE price. With a $2.5 T daily funding rates market and only 0.03% captured, Boros plans to add SOL and BNB, integrate Bybit and OKX, raise leverage caps, expand vaults and launch a referral program—targeting 3% market share and up to 100× growth.
Medici Expert will showcase its AI Web3 compliance solutions at Blockchain Life 2025 in Dubai on October 28–29. The firm’s main forum presentation will demonstrate how AI Web3 compliance automates due diligence, real-time transaction monitoring and risk detection, helping projects navigate complex global regulations. A private side event, “Bridging Innovation in Web3,” will gather founders, investors and policymakers to explore data-driven frameworks and scalable, automated solutions that reduce costs and accelerate market entry. Medici Expert offers full-stack services—from whitepaper development and tokenomics to licensing, regulatory compliance and company formation across VARA, ADGM, BVI, Singapore, Panama and Estonia. Supported by expertise in MiCA, VARA, MSB, FINTRAC, VASP and offshore regimes, and serving clients such as KuCoin, Fireblocks, Seedify, MEXC and Binance, the consultancy signals a shift toward smarter, AI-powered governance in digital finance.
Bullish
Web3 complianceAI complianceBlockchain Life 2025Medici ExpertDigital finance regulation
President Trump announced new Canada tariffs of 10% on all imports. These Canada tariffs add to existing USMCA duties of 35% on most goods and 50% on steel and aluminum. Trump linked the rise to an Ontario ad that misused a 1987 Reagan trade speech during the World Series.
The $75 million ad campaign was paused after bipartisan criticism. The fresh duties escalate U.S.-Canada trade tensions and threaten supply-chain stability. They also coincide with a Supreme Court review of presidential tariff authority.
Crypto traders should monitor volatility from potential supply-chain disruptions and hedging flows. Heightened trade tensions and legal uncertainty could shift capital into crypto as a risk asset or disrupt commodity-linked tokens.
JUP token surged 8% in 24 hours and 14% over the week after its Total Value Locked (TVL) climbed by $189 million to $3.36 billion, according to DeFiLlama. Weekly perpetual volume on decentralized exchanges hit $3.34 billion, signaling rebounding demand and higher liquidity. Technical indicators support the bullish case: the Money Flow Index (MFI) stands at 76.52, while the Average Directional Index (ADX) shows a strengthening trend at 21.54. JUP token is now testing the key $0.40 resistance level, which previously sparked a 21% pullback. A successful breakout above $0.40 could propel JUP toward the next target range of $0.45–$0.47. Traders should monitor on-chain metrics, key resistance levels, and risk-management signals for potential entry points.
Jane Street disclosed passive stakes of about 5% in major miners Bitfarms, Cipher Mining and Hut 8 via SEC Schedule 13G filings on Oct. 23–24. This institutional investment drove Bitcoin mining stocks sharply higher, with Cipher Mining jumping up to 20%, Bitfarms gaining 11% and Hut 8 rising 17%. Jane Street, which handled roughly $110 billion in crypto trading last year and serves as an authorized participant in spot Bitcoin ETFs, signals strong market confidence. The move highlights mining stocks’ sensitivity to institutional flows and a favorable regulatory backdrop, including U.S. Energy Department proposals to ease grid approvals for crypto and AI facilities. Over the past 12 months, Bitcoin has risen 73%, boosting miner revenues as firms upgrade to energy-efficient rigs and secure low-cost power deals. While mining profitability remains tied to Bitcoin price fluctuations, energy costs and policy shifts, large passive positions by quantitative investors often spark short-term rallies. Historical ETF manager entries similarly lifted mining equities, supporting a bullish outlook for Bitcoin mining stocks.
The REX Osprey XRP ETF (XRPR), the first U.S. spot XRP ETF, launched in September 2025 and has surpassed $100 million in assets under management (AUM) by October 23, 2025. SEC delays on six other spot XRP ETF applications amid a government shutdown positioned XRPR as the sole U.S. reference for spot XRP exposure. Brazil’s Hashed Nasdaq XRP ETF (XRPH11) manages about $52 million in AUM. Institutional demand is rising: CME Group’s XRP futures, introduced in May, have traded over 567,000 contracts (equivalent to $26.9 billion in notional volume) and the exchange recently added XRP options. Treasury manager Evernorth plans a Nasdaq listing and will hold XRP as a core reserve asset. These developments signal growing institutional adoption of XRP as a strategic asset beyond its role as a payment token.
Bullish
Spot XRP ETFXRPInstitutional AdoptionSEC DelaysCME Group