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
Binance co-founder Changpeng Zhao (CZ) completed a two-day visit to Kyrgyzstan to support blockchain adoption and strengthen crypto regulation, with a focus on a Kyrgyzstan stablecoin initiative. He met President Sadyr Japarov and joined the National Council for developing virtual assets and blockchain, praising recent amendments to the Virtual Assets law. CZ announced plans to launch the Kyrgyzstan stablecoin on BNB Chain and deploy a ready-to-use CBDC for government payments. He also unveiled a National Cryptocurrency Reserve that includes BNB as a pillar asset. To foster local talent and security, Binance launched a Kyrgyz-language app, trained law enforcement, and partnered with 10 universities via Binance Academy. A community meetup in Bishkek attracted over 1,000 participants, while collaborations with EthSign and Yzi Labs were highlighted. CZ said, “We like to add real value,” positioning Kyrgyzstan as Central Asia’s next blockchain hub.
Meteora airdrop on Solana unlocked 480 million MET tokens (48% of supply) on October 23. On-chain data shows four whales captured 28.5% of the airdrop, while over 60,000 retail addresses shared just 7%. This aggressive token distribution caused MET price to drop from $0.90 to $0.51 within hours.
The Meteora airdrop’s aggressive distribution model links top claimants to Jupiter (JUP) staking, past M3M3 memecoin distributions, and possible insiders. Controversial recipients tied to the Trump token and the Libra scandal have fueled community distrust. The uneven token distribution and potential legal fallout highlight risks for MET volatility.
Traders should monitor continued selling pressure and legal developments as key indicators of short-term and long-term market trends in Solana’s DeFi sector.
Google’s quantum computing team achieved a 13,000× speed-up on its Willow processor using the Quantum Echoes algorithm to simulate molecular models, marking a practical quantum advantage. This breakthrough advances quantum computing research but does not yet threaten Bitcoin security as current hardware cannot run error-corrected Shor’s algorithm to break 2,048–4,096-bit ECDSA or Schnorr signatures.
Nonetheless, Naoris Protocol’s CEO warns that about 6.65 million BTC in reused addresses could be vulnerable once large-scale quantum computers arrive. Dormant wallets like Satoshi Nakamoto’s may be targeted first. Industry groups and NIST are preparing post-quantum cryptography standards. Traders should adopt new-address practices and monitor quantum-resistant upgrades to safeguard funds ahead of network-wide PQC adoption.
El Salvador has expanded its Bitcoin reserves with two successive weekly purchases of 8 BTC each, raising total holdings from 6,354.18 BTC (worth $678.7M) to 6,361.18 BTC (approximately $710M). Since adopting Bitcoin as legal tender in 2021, the government has consistently built its Bitcoin reserves to diversify national assets and bolster the local crypto ecosystem. President Nayib Bukele’s administration views Bitcoin as a long-term store of value, signaling sustained institutional confidence.
Bullish
El SalvadorBitcoin ReservesBTC AccumulationGovernment Crypto PolicyDigital Asset Strategy
Shiba Inu (SHIB) has plunged about 52% year-to-date to around $0.00001019, far from its $0.0001 target. With a circulating supply near 589.24 trillion tokens, hitting $0.0001 would require a market cap of about $58.9 billion. Analysts say burning tokens or off-exchange accumulation to cut supply to 100 trillion could lower this to $10 billion. Meanwhile, Shibarium’s total value locked remains under $1 million since early October, and daily transactions have fallen below 20,000. Reduced transparency from lead developer Shytoshi Kusama has added uncertainty. New meme coins like Official Trump token are siphoning retail funds from SHIB. Experts agree that only a coordinated mix of sustained token burn programs, clear developer communication, renewed community engagement and real ecosystem usage can revive momentum. Without these catalysts, the chance of Shiba Inu reaching $0.0001 in the near term remains low.
Valthos, a New York–based bio-defense startup founded in November 2024, has secured $30 million in Series A funding led by the OpenAI Startup Fund, with participation from Lux Capital and Founders Fund. Its AI bio-defense platform uses advanced machine learning to continuously update medical countermeasures against evolving biological threats, enabling researchers and government agencies to quickly identify and neutralize pathogens. Co-founders Kathleen McMahon (former Palantir life-sciences lead), Tess van Stekelenburg (ex-Oxford computational neuroscientist) and Victor Mao (former Google DeepMind engineer) spearhead R&D. The new capital will fuel product development, expand the AI platform and cement Valthos’s role in pandemic preparedness. This Series A funding round underscores growing venture interest in AI-driven health security and biothreat detection solutions.
Neutral
Bio-defenseAI-poweredSeries A fundingOpenAI Startup FundPandemic preparedness
Amid President Javier Milei’s tighter forex controls and a 4% peso drop since October, Argentines are increasingly using “rulo” stablecoin arbitrage to hedge against devaluation. They buy dollars at the official rate, convert them into USD-pegged stablecoins, then sell these for pesos at the parallel market rate, earning up to 3–4% per trade. Following the central bank’s 90-day ban on dollar resales, local exchanges like Ripio, Lemon Cash and Bitso reported a 40–50% surge in stablecoin trading volumes. While this strategy offers a hedge against high inflation—lowered to roughly 30% from nearly 300%—traders face a 15% crypto profit tax and increased banking scrutiny on large transfers. Analysts expect stablecoin arbitrage to grow as economic uncertainty persists, boosting local crypto adoption and trading activity.
XRP staking products like mXRP and FXRP on XRPL protocols, Flare Network’s DeFi and Midas’s EVM sidechain offer yields of 6%–10% and aim to lock up 14.8% of the 60 billion XRP supply. Analysts project that staking adoption could reach 80% (48 billion tokens) by 2030, reducing liquid supply to 12 billion XRP.
Under a steady market cap of $122 billion, this supply lock-up could lift XRP price to $10.17, while a market cap expansion to $500 billion–$1 trillion could drive prices toward $41.67–$83.33. This staking-driven token lock-up may tighten liquidity, influence trader behaviour and attract institutional and DeFi integration, making XRP staking a key market driver. These forecasts are speculative and not financial advice.
Analyst Javon Marks identifies a repeating bull cycle in XRP’s long-term price chart. He highlights the same collapse, recovery and higher-lows sequence seen in the 2014–2018 and 2020–2025 rallies. Using a 1.618 Fibonacci extension, Marks sets an XRP price target at $9.90, a 290% gain from current levels. He also notes further targets at 2.0 and 2.618 extensions—$26.24 and $127 respectively. On the 8-hour chart, DustyBC spots a descending wedge. A breakout could push XRP toward $3.60 in the near term. Traders should watch for volume confirmation and macro triggers. This XRP price outlook offers both short-term and long-term bullish setups for crypto traders.
Solana traders are eyeing a pivotal $196 resistance as a whale address piled up 44,000 SOL ($8.37M), driving SOL price to around $192. This accumulation brings the whale’s total holdings to 844,000 SOL since April 2025, underlining strong network confidence. On-chain data from Lookonchain shows reduced circulating supply as whales HODL tokens. Despite the price lift, trading volume dropped 22% to $5.1 billion, raising caution around the $196 barrier, which has historically prompted pullbacks. Technically, SOL broke a descending trendline with an ADX of 31 signaling robust momentum, while the Supertrend indicator remains bearish. A decisive break above $196 resistance could spark a 10% rally toward $218; failure may see SOL retreat to $180 support. Derivative insights from CoinGlass reveal $84.5 million in shorts outweighing $65 million in longs, with key liquidation thresholds at $195.8 and $189.8. Traders should watch volume shifts and on-chain metrics to confirm any breakout.
Kyrgyzstan, in partnership with Binance, has launched a national stablecoin on BNB Chain and activated a government-focused central bank digital currency (CBDC). The BNB Chain stablecoin is pegged to the som, ensuring price stability for everyday transactions across public and private sectors. Alongside, the government has added BNB tokens to its National Cryptocurrency Reserve to support the broader blockchain ecosystem.
The BNB Chain stablecoin offers fast, low-cost transfers, while the CBDC streamlines salary, pension, tax and cross-border payments. Binance supports the initiative with blockchain forensics training for law enforcement, university programs via Binance Academy, and localization of its app into Kyrgyz. EthSign integration adds Web3 identity and smart contract capabilities. This dual digital currency strategy aims to boost Kyrgyzstan’s digital economy and position it as a regional digital finance hub, potentially inspiring other emerging markets to issue national stablecoins.
Bitcoin Core v30.0, released on October 10, 2025, addresses four low-severity security vulnerabilities that could compromise full node performance. The update patches CPU denial-of-service from crafted unconfirmed transactions (CVE-2025-46598), rare crashes on 32-bit systems (CVE-2025-46597), and disk-filling attacks via spoofed self-connections (CVE-2025-54604) and invalid blocks (CVE-2025-54605). These security vulnerabilities were fixed in Bitcoin Core v30.0 without changing consensus rules.
Bitcoin Core v29.2 and v28.3 also include backported fixes, while support for v27 has ended. Node operators should upgrade to v30.0 to maintain network stability and guard against resource exhaustion. Regular updates and log monitoring help mitigate denial-of-service risks. This proactive disclosure underscores the project’s commitment to resilience and transparency.
Fundstrat research director Tom Lee predicts a strong crypto rally by the end of 2025, driven by record-low open interest and recent market deleveraging. After the October 10 unwind—the largest in five years—Bitcoin fell just 3–4%, highlighting its resilience, while Ethereum’s on-chain activity surged with Layer 1 and Layer 2 stablecoin integrations.
Technical indicators now show oversold conditions and rising relative strength, creating favorable entry points for traders. Lee also cites growing institutional adoption, including JPMorgan’s acceptance of crypto as collateral and BlackRock’s planned digital asset fund, as catalysts for renewed demand. Coupled with anticipated Fed rate cuts, these factors set the stage for a sustained crypto rally into late 2025.
Traders should watch technical rebounds, low leverage ratios, and institutional flows for opportunities ahead.
This week’s M&A activity saw entities affiliated with Makarora Management and Ares Alternative Credit funds agree to acquire all outstanding shares of Plymouth Industrial REIT (NYSE: PLYM) in an all-cash acquisition. The Plymouth Industrial REIT acquisition underscores consolidation in real estate credit markets. Other notable M&A transactions include United States Antimony’s merger, Grindr’s acquisition, Eli Lilly’s asset purchase, and Hologic’s medical equipment deal, reflecting broad consolidation across mining, technology, pharmaceuticals and medical device sectors. Crypto traders should monitor sector valuations, credit spreads and liquidity changes, as cross-market flows may influence cryptocurrency market dynamics.
Since May 2023, Ripple has completed five major acquisitions totaling over $1.65 billion to build an integrated XRP-centered ecosystem. Deals include Swiss custody provider Metaco ($250 m), regulated asset manager Standard Custody & Trust, fiat and stablecoin rails platform Rail ($200 m), corporate treasury software firm GTreasury ($1 b), and multi-asset prime broker Hidden Road, now Ripple Prime. With approximately 100 billion XRP held in escrow, Ripple’s incentives align closely with XRP price appreciation. The launch of its US dollar stablecoin RLUSD, alongside products like Ripple Prime and GTreasury, embeds XRP as a bridge asset for cross-border payments, liquidity sourcing and institutional settlement. Traders should watch how these solutions affect transaction volumes and position XRP as a core liquidity pool for payments and DeFi.
Data from CryptoQuant shows over 270,000 dormant Bitcoin with seven-plus years of inactivity moved on-chain in 2025, surpassing 2024’s 255,000 and 2023’s 59,000. On-chain analytics reveal this record dormant Bitcoin movement reflects early adopters taking profits, miners repositioning reserves into new cold wallets, and partial liquidations amid prices breaching $100,000 and peaking at $120,000 in July. The long-term holder Spent Output Profit Ratio (SOPR) peaked at 4.08 before easing to 1.7 in October, signaling diminishing profit margins. Lookonchain spotted a 14-year-dormant miner wallet moving 150 BTC, while wallets dormant over a decade shifted 400 BTC in September and 20,000 BTC in July to exchanges and custodians like Galaxy Digital. Bitcoin has gained 2.1% in the last day, trading around $111,200. Traders should monitor if over 300,000 dormant coins move by year-end and how renewed liquidity may impact price volatility and market trends.
Veteran analyst Jay Goldberg remains the lone Wall Street bear with a Nvidia sell rating, warning that surging AI spending mirrors a dot-com telecom bubble. He sets a $100 price target—well below the $220 Street average and the current $186 valuation—and cautions that $400 billion in hyperscaler AI capital expenditures may fail to yield sustainable returns. Goldberg highlights risks including GPU supply constraints, data-center electricity shortages and project execution challenges. Nvidia sell rating signals rising bubble risk amid a 3 000% stock surge since 2020. Crypto traders should note that GPU supply and price volatility could affect mining profitability. Investors are advised to monitor upcoming earnings from major AI spenders and reassess Nvidia sell rating catalysts ahead of a potential market reset.
In a nod to 19th-century U.S. railroads, Kong co-founder Augusto Marietti says AI infrastructure investment is crucial despite bubble risks. The IMF warns of a possible dot-com-style AI bubble but sees limited systemic danger thanks to backing from cash-rich tech firms. Marietti and OpenAI leaders highlight that capital expenditures on GPUs and data centers, now rivaling national GDP shares, are vital to meet surging GPU demand. Energy shortages are poised to constrain GPU deployment in 2025, potentially triggering short-term corrections. Meanwhile, Kong advances the agent economy by open-sourcing its Volcano toolkit and supporting the Model Context Protocol. Traders should track energy constraints and infrastructure capex trends as indicators of short-term volatility and long-term growth in the AI infrastructure sector.
Neutral
AI infrastructureAI bubbleGPU demandAgent economyEnergy constraints
The UN Cybercrime Treaty, signed by nearly 60 countries in Hanoi, aims to curb crypto scams and bolster cross-border cooperation against phishing, ransomware and investment fraud. With major losses—$6.5 billion in fake crypto exchange scams and $16.6 billion in US cybercrime damages reported in 2024—the agreement includes rapid information sharing, human rights safeguards for ethical hacking and freedom of expression. Observers caution its broad cybercrime definitions may risk stifling blockchain research. In Southeast Asia, where crypto scams cost $23.6 billion last year, the treaty enhances regional asset recovery and tracking of illicit transactions. Pending ratification by 40 states, the UN Cybercrime Treaty promises stronger defenses and clearer regulatory frameworks. Crypto traders should strengthen security measures such as multi-factor authentication and stay informed on the treaty’s implementation, as this development could influence market stability and compliance standards.
Neutral
UN Cybercrime Treatycrypto scamscross-border cooperationblockchain researchasset recovery
On October 25, 2025, President Donald Trump appointed Mike Selig as Chair of the Commodity Futures Trading Commission (CFTC). The move signals a market-friendly shift and highlights the CFTC’s expanding role in U.S. crypto regulation.
Selig, a former Chief Counsel for the SEC’s Crypto Task Force and a CFTC veteran under Chris Giancarlo, is known for supportive policies. After Trump’s 2024 election win, he withdrew major anti-crypto proposals, including the dealer rule and SAG121. His dual-agency background is expected to bolster U.S. crypto regulation by fostering SEC-CFTC harmonization and clear rules for spot cryptocurrency commodities.
According to CFTC data, crypto derivatives trading exceeded $2.5 trillion in 2025, underlining the need for streamlined oversight. Industry surveys show 78% of crypto executives welcome Selig’s appointment, citing innovation, regulatory clarity and liquidity boosts. Selig may also work with the President’s Working Group on Digital Assets to align custody, trading and token classification standards.
Traders can anticipate clearer CFTC guidance on digital assets and spot markets. This development could boost liquidity and cement the U.S. as a leading crypto hub, reshaping the regulatory landscape for digital assets in the coming months.
Porsche posted a record €1.1B operating loss in Q3, driven by a strategic shift in its EV roadmap and €500M in tariffs. The Q3 loss pushed sales revenue down 6% to €26.9B in the first nine months and collapsed operating profit by 99% to €40M (0.2% ROS). The company cut full-year revenue guidance to €37–38B with 0–2% ROS, citing €3.2B in one-off costs (including €1.8B for EV platform revisions and €700M in cumulative tariffs). It has extended ICE production into the 2030s. CEO Oliver Blume will hand over to Michael Leiters on January 1, 2026. Crypto traders should monitor tariff developments and EV incentive changes as potential catalysts for risk sentiment in digital asset markets. The Porsche Q3 loss underscores the financial strain in the EV transition.