Ripple's first partnership with a Korean securities firm extends its institutional footprint across Korea's banking, insurance and capital markets
Seoul, October, 14, 2026 - Ripple, the leading provider of blockchain solutions across traditional and digital finance, today announced a strategic partnership with Meritz Securities, one of Korea's leading securities firms. Together, the two companies will explore how to bring Ripple Custody and Ripple's tokenisation infrastructure into Korea's capital markets. Ripple Custody is a bank-grade digital asset custody platform built for regulated financial institutions. It supports the secure storage, transfer and settlement of digital assets.
For any financial institution dealing with digital assets, institutional-grade custody is essential. Building it from scratch is costly, complex and slow. Ripple's infrastructure gives institutions a proven route to market instead, with the security and control that regulated firms need. The two companies will start within the scope of Meritz's existing securities business and current regulation. They will then widen their cooperation in stages as Korea's digital asset framework develops.
Meritz Securities is currently exploring a range of digital asset-related business opportunities in preparation for the integration of digital assets into the regulated financial system, including spot ETFs, fractional investment and security tokens, trading platforms, and KRW-denominated stablecoins. The partnership with Ripple was formed as part of these broader efforts.
“Korea is one of the most dynamic digital asset markets in the world and its institutions are preparing to move from exploration to real-world utility,” said Fiona Murray, Managing Director, Asia Pacific at Ripple. “Ripple brings the full infrastructure stack across payments, custody and tokenization, backed by more than 85 licenses and a network spanning more than 60 markets globally. We’re excited to work with Meritz Securities, and we look forward to supporting more Korean institutions as the market grows.”
Byungha Kang, Managing Director of the Strategic Planning Unit, Meritz Securities said, "This partnership lays the foundation for combining Ripple's global digital asset infrastructure with our capital markets capabilities. As Korea's regulatory framework evolves, we will prepare safe and trusted digital asset financial services in stages."
Meritz is Ripple's fourth institutional partnership in Korea this year and its first with a securities firm. Kyobo Life Insurance is using Ripple Custody to pioneer Korea's first tokenized government bond settlement on blockchain. Kbank, Korea's first internet-only bank, is deploying digital asset wallet infrastructure through Ripple Custody. Jeonbuk Bank became the first Korean regional bank to adopt Ripple Payments for cross-border remittance. With Meritz, Ripple now works with Korean institutions across banking, insurance and capital markets, which reflects its long-term commitment to the country's institutional digital asset market.
Clearpool has rolled out a redesigned version of its decentralized application. The new interface includes a dedicated swap tool that lets holders convert their CPOOL tokens into a new token called CLEAR at a 1:1 ratio.
The tool went live on October 5, 2026, at clearpool.finance/swap. It arrives three days after the protocol’s community voted to approve a broader strategic shift.
What changed and what holders get The migration follows a Snapshot governance vote held on October 2, 2026. According to the research findings, 97.16% of participants backed both the expansion to the XRP Ledger (XRPL) and the token migration.
The token economics are shifting along with the ticker. CLEAR will launch with a supply of 1.125 billion tokens, up from the 1 billion CPOOL tokens that existed before.
Of that new supply, 70% is set to go to existing CPOOL holders through the 1:1 conversion.
There is also a new value-return mechanism. Clearpool plans to direct 50% of protocol fees toward buying CLEAR on the open market and burning it.
Implementation of the broader plan is scheduled for the fourth quarter of 2026. The research findings note that comprehensive details are expected to be disclosed later.
The XRP Ledger pivot The token swap is the visible piece of a larger strategic move. Clearpool is pivoting toward institutional lending products on the XRP Ledger.
Those loans are set to be settled in RLUSD, the stablecoin issued by Ripple.
Clearpool is executing the initiative alongside several partners. Ripple is involved, as is Cicada Partners, while Hex Trust is handling custody services.
The protocol is not a newcomer. Clearpool launched on Ethereum in 2021 and has originated nearly $1 billion in loans since then.
Why the rebrand and migration matter For existing holders, the immediate question is practical. The 1:1 swap preserves their token count, but the supply increase to 1.125 billion means each token represents a slightly smaller share of the total than before.
Holders and observers should watch a few things over the coming months. The first is the remaining 30% of CLEAR supply, since how those tokens are allocated and released will shape the token’s dilution profile.
The second is the timeline. The plan is scheduled for Q4 2026, and further details are expected, so the specifics of the XRPL lending launch will clarify how quickly the new business can generate fees.
The third is participation in the swap itself. Migrations depend on holders actually showing up to convert, and a new dApp design with a dedicated swap page is clearly meant to make that step as frictionless as possible.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Crypto traders are suddenly cheering for Ethereum, even as Wall Street investors continue pulling millions from its ETFs.
Meanwhile, Bitcoin and XRP are facing growing pessimism, which analysts say could actually help their recovery.
According to Santiment, Ethereum now receives 2.05 bullish social media comments for every bearish one. Yet US Ethereum ETFs have suffered 10 consecutive trading days of withdrawals.
Why Are Bitcoin and XRP Traders So Fearful?Santiment tracks positive and negative comments across X, Reddit, and Telegram. A score above 1 means bullish comments outnumber bearish ones.
Bitcoin’s score has fallen to 0.82 after repeated failures to break $87,000 and a decline toward $81,000. Meanwhile, leveraged bullish traders lost $688.56 million in a single day.
Ethereum FOMO vs Bitcoin and XRP social sentiment chart, Source: SantimentXRP looks equally unpopular. Its sentiment score sits at 0.92 after a weekly decline exceeding 9%. The token has also struggled to break above $1.40.
The reversal happened quickly. Earlier this month, Ethereum and XRP were deeply unpopular, while Bitcoin enjoyed stronger optimism.
“Ethereum is suddenly the crowd favorite…Bitcoin is seeing the opposite setup…XRP is also deep in FUD,” Santiment analysts noted.
Ethereum’s $780 Million Warning SignWhile Ethereum dominates bullish conversations, ETF investors are withdrawing money.
According to SoSoValue, Ethereum ETFs lost another $85.4 million on October 12, bringing withdrawals since September 29 above $780 million.
Spot Ethereum ETF Flows. Source: SoSoValueBitcoin ETFs also lost $65.4 million that day. XRP ETFs recorded zero net flows, with total assets at $1.55 billion.
Santiment believes this difference in sentiment could matter for the next market recovery.
“From a contrarian perspective, BTC and XRP’s fear is healthier than ETH’s crowd excitement if prices begin recovering,” the analysts wrote.
The argument is simple. When traders become overwhelmingly bullish, much of the buying enthusiasm may already be reflected in prices. Widespread fear can leave more room for sentiment to improve.
For now, Ethereum’s popularity faces a serious test: whether actual investment demand can catch up with the excitement.
Tom Lee, one of Ethereum’s most well-known advocates, foresees a difficult short-term period for ETH. His warning does not question his long-term bullish thesis: it concerns a possible contagion effect coming from the South Korean stock market.
In brief
Tom Lee issues a rare warning on Ethereum. He fears a short-term drop in ETH.
The Kospi drop worries markets. Stock losses in South Korea could spread to cryptos.
Margin calls represent a risk. Some investors might be forced to sell their ETH to cover losses.
Ethereum already shows signs of weakness. The pullback against bitcoin and ETF capital outflows increase pressure.
Tom Lee remains optimistic long-term. Despite his warning, he continues to believe in Ethereum’s potential.
The Kospi slump threatens to spread to cryptos
The Kospi index fell more than 6% during trading on October 13, under pressure from technology stocks and semiconductor manufacturers. Samsung Electronics and SK Hynix recorded losses close to or exceeding 8%.
The extent of the movement pushed Korea Exchange to activate a “sidecar” seller. This mechanism temporarily suspends certain automated orders when futures experience excessive variation. The Kospi 200 futures had then lost more than 5%.
Tom Lee fears that these stock market losses will transmit to the crypto market. He wrote on X :
This significant drop in Korean stocks is likely spreading to cryptocurrencies.
The Fundstrat co-founder identifies two risk factors: margin liquidations in South Korean brokerage firms and the strong participation of the country’s investors in the digital asset market.
His message ends with an explicit warning regarding Ethereum: “short-term pain for ETH”. Lee however did not announce a precise bearish target nor a duration for this possible correction.
Margin calls can force ETH sales
Many investors buy stocks with money borrowed from their broker. When the value of their portfolio drops, they must provide additional collateral or reduce their debt.
If they don’t have immediate liquidity, they may sell other assets, including bitcoins or ethers. The Kospi decline could thus create pressure on Ethereum even if no network-specific event justifies this drop.
Brokers can also automatically sell margin-funded positions when collateral becomes insufficient. This mechanism then transforms a local stock market correction into an urgent cash need.
Tom Lee has however provided no data demonstrating that Korean investors are already massively selling their ETH to meet margin calls. His scenario describes a plausible contagion channel, but not yet quantified.
Ethereum touched an intraday low near 2411 dollars before recovering around 2515 dollars. The asset remains down about 6% over a week and trades near a technical level watched between 2500 and 2550 dollars.
Ethereum already accumulates several signs of weakness
Pressure from Korea comes in a less favorable context for ETH. The ETH/BTC ratio, which measures Ethereum’s performance against bitcoin, has fallen about 4.7% in a week to near 0.030.
This trend shows bitcoin resists better than ether during uncertainty. It contradicts, at least short-term, Lee’s hypothesis of an imminent Ethereum catch-up.
US spot Ethereum ETFs also recorded several sessions of net outflows. The weakness of these flows reduces an important institutional support just as investors seek to lower their exposure to risky assets.
A liquidity indicator followed on Binance has also fallen to its lowest level in nearly seven months. Such a drop does not automatically mean sellers dominate. It can also reflect a withdrawal of ETH to private wallets, thus reducing immediately available supply.
These signals describe a fragile market but do not prove that a new lasting downtrend has started.
Tom Lee maintains his long-term bullish conviction
The warning is surprising because Tom Lee chairs BitMine Immersion Technologies, the largest treasury company dedicated to Ethereum. The group purchased 12,532 additional ETH during the week ended October 11.
BitMine now holds 6,028,946 ETH, about 4.9% of the estimated total supply of 122.1 million tokens. This reserve is worth over 15 billion dollars at the current price.
However, the buying pace has slowed as the company approaches its target of 5% of the supply. BitMine would have only about 77,000 ETH left before reaching that threshold.
Lee continues to support Ethereum through the development of tokenization, stablecoins, and artificial intelligence agents. He believes these uses could end several years of underperformance against bitcoin.
His October 13 warning remains tactical. He anticipates forced sales related to the Korean stock market crisis without abandoning his long-term growth scenario. The strength of 2500 dollars and the Kospi’s evolution will determine if this “pain” remains temporary.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Interactive Brokers, which reports more than $903 billion in client assets, has launched Ethereum staking through Zerohash, adding rewards on crypto holdings to a platform that supports trading in 20 digital assets.
Summary
Ethereum staking is available to eligible Interactive Brokers LLC clients through the broker’s Client Portal. Zerohash provides staking services, with earned rewards credited as additional staked cryptocurrency. IBKR’s existing crypto services include wallet transfers, stablecoin funding and Coinbase Derivatives futures. The broker also offers access to Kalshi, CME Group and ForecastEx prediction markets. Interactive Brokers announced on Oct. 13 that eligible customers can stake Ethereum while managing their holdings alongside stocks, options and futures. Under the arrangement, Zerohash provides the staking service, while clients submit requests and track activity through IBKR’s platform.
For the initial rollout, the company said customers can use the Staking Dashboard within its Client Portal to request staking or unstaking and monitor pending activity. When earned, rewards are added to the staked crypto balance and can compound while the position remains staked, according to the announcement.
Ethereum staking adds rewards to existing holdings In explaining the launch, chief executive Milan Galik compared staking with IBKR’s Stock Yield Enhancement Program, which allows participating clients to receive additional income on shares they own.
Galik described staking as an opportunity to “earn rewards on the cryptocurrency they own.”
“We want clients to earn more from the assets they hold,” he said.
The announcement identifies eligible Interactive Brokers LLC clients as the initial users of the Ethereum service. For American investors using that entity, the company said staking requests and pending activity can be managed through the same Client Portal used for their brokerage relationship.
Alongside the launch, IBKR’s announcement lists 20 supported digital assets for trading, including Bitcoin, Ethereum, Solana, XRP, Chainlink, Aave and Dogecoin. The company also lists stablecoin funding and transfers to external crypto wallets among its available services.
According to the brokerage’s website, Interactive Brokers holds more than $903 billion in client assets and serves over 5 million clients worldwide. The Nasdaq-listed company is also a member of the S&P 500, giving U.S. equity investors exposure to its business through both individual shares and funds tracking the index.
Wallet transfers and stablecoins extend IBKR’s crypto access Before introducing staking, Interactive Brokers added a way for customers to move existing crypto positions onto its platform. As crypto.news reported on March 25, eligible clients could transfer supported assets from external wallets into IBKR-linked crypto accounts without selling their holdings first.
According to that report, the transfer feature covered clients of Interactive Brokers LLC and Interactive Brokers U.K. Limited, with supported holdings placed in accounts at Paxos or Zerohash. Bitcoin, Ethereum and Solana were among the assets available for transfer.
For crypto trading, the brokerage stated that commissions ranged from 0.12% to 0.18% of trade value, subject to a $1.75 minimum per order. Its published pricing also excluded added spreads and markups.
Earlier, a Jan. 16 report covered IBKR’s 24/7 stablecoin account funding. Under the service announced the previous day, Zerohash processed USDC deposits across Ethereum, Solana and Base, converted the tokens into dollars and credited the proceeds to brokerage accounts.
At that launch, the company scheduled RLUSD and PayPal USD support for the week of Jan. 19. The report stated that IBKR charged no deposit fee, while Zerohash applied a 0.30% conversion fee with a minimum charge of $1.
In a July 14 announcement, the broker introduced withdrawals through automatic conversion of dollars into USDC, PYUSD or RLUSD. Customers could then send the stablecoins to external destinations, including personal wallets, according to the company.
The July release also added nine tokens through Zerohash and three through Paxos. IBKR said availability depended on the relevant affiliate and the customer’s country of residence; bidirectional stablecoin funding was unavailable to clients of its U.K. and Ireland entities.
Zerohash has pursued a U.S. national trust bank charter The infrastructure provider behind IBKR’s staking service has separately sought federal banking authorization. An Aug. 26 report detailed Zerohash’s second trust bank application, recorded by the Office of the Comptroller of the Currency on Aug. 19.
According to the report, the proposed Zerohash National Trust Bank would be based in Asheville, North Carolina, and operate under a holding company structure if approved. The filing requested trust powers from the regulator.
The OCC’s records showed that the agency received the first application on March 2 and returned it on July 17, the report stated. For the second filing, the regulator opened a public comment period with a Sep. 17 deadline.
At the time of the August report, the public record listed the application as received. Zerohash’s existing regulatory arrangements included a North Carolina-chartered nondepository trust company, money transmitter licenses and a New York BitLicense, according to company documentation cited in the coverage.
Crypto futures and prediction markets add trading options On Feb. 10, Interactive Brokers introduced Coinbase Derivatives nano Bitcoin and nano Ether futures, with monthly expirations and perpetual-style contracts available to eligible clients.
The brokerage said the smaller contracts represented 0.01 Bitcoin and 0.10 Ether, allowing customers to size positions in smaller increments. Its announcement described perpetual-style futures as long-dated contracts designed to track crypto spot prices while reducing how frequently traders need to replace expiring contracts.
According to IBKR, the contracts trade around the clock except for scheduled exchange maintenance on Fridays between 5 p.m. and 6 p.m. Eastern time. Eligibility varies by jurisdiction.
Separately, the company launched its combined prediction-market interface on May 14, connecting Kalshi, CME Group and ForecastEx. IBKR said customers could search similar contracts across the three venues, compare prices and fees, and trade without opening or funding separate accounts at each exchange.
Within the order interface, the company said its system selects the venue offering the best available net price. The platform also provides consolidated reporting and real-time tracking of prediction-market positions alongside customers’ other holdings.
At launch, IBKR said the offering would focus on election outcomes, climate events and economic indicators, with Kalshi and CME contracts added on a rolling basis. The company’s disclosure restricts forecast contracts on U.S. election results to eligible U.S. residents.
13 October 2026 | 23:53 Ethereum is drawing a much more optimistic crowd response than Bitcoin after its rebound. CryptoQuant’s Binance data, however, points to a different contrast beneath the discussion: ETH’s leverage ratio has stayed elevated, while Bitcoin’s has eased from earlier 2026 readings.
Key Takeaways Santiment recorded 2.05 bullish ETH comments for every bearish comment, compared with 0.82 for Bitcoin. CryptoQuant found ETH’s Binance Estimated Leverage Ratio near 0.69, above its 100-period moving average. Bitcoin’s ratio was near 0.19 and had moderated from higher readings earlier in 2026. ETH and BTC are sending opposite messages Santiment’s latest social-data update found 2.05 bullish Ethereum comments for every bearish one across X, Reddit and Telegram. The firm characterised the discussion around ETH as FOMO-driven, following its rebound and renewed attention on staking and future network upgrades.
Ethereum sentiment turns strongly bullish. Bitcoin produced the opposite reading: 0.82 bullish comments for every bearish comment. Santiment linked the weaker mood to Bitcoin’s rejection near $87,000, its slide toward $81,000 and the wider pressure on risk assets during the sell-off.
Neither figure says where either asset goes next. Social data measures the balance of public discussion, not the amount of capital committed to a trade. Its value here is that it shows where confidence has concentrated: ETH traders are discussing a rebound, while BTC traders remain more defensive.
Signal Ethereum Bitcoin Social mood 2.05 bullish comments for every bearish comment 0.82 bullish comments for every bearish comment Binance leverage trend Ratio near 0.69 and still above its 100-period moving average Ratio near 0.19 after moderating from earlier 2026 readings What this does not show Whether traders are mainly long or short, how deep order-book liquidity is, or the direction of the next price move. Leverage ratio is a sensitivity measure, not a long-or-short signal The difference becomes more useful when placed beside derivatives positioning. CryptoQuant’s Estimated Leverage Ratio compares open interest with the amount of an asset held in an exchange’s reserves. It offers a way to track how large the derivatives market has become relative to the coins available on that exchange.
A higher ratio can result from rising open interest, falling exchange reserves, or both. It does not reveal whether the market is positioned for a long squeeze or a short squeeze, and it cannot measure actual order-book depth. It should therefore be read as a sign of potential derivatives sensitivity rather than a stand-alone trading signal.
The metric is also most useful against each asset’s own history. ETH and BTC have different reserve patterns, derivatives markets and custody flows, so a 0.69 ETH reading is not a simple numerical verdict over a 0.19 BTC reading. The meaningful comparison is the recent direction of each ratio.
How to read the two datasets together
Sentiment shows where conviction is building; leverage shows whether derivatives exposure is remaining elevated around that conviction. A stronger risk warning would require further evidence, such as rising open interest and increasingly positive funding – not social optimism alone.
Ethereum’s leverage ratio has rebuilt after earlier resets CryptoQuant analyst MorenoDV_ placed Ethereum’s Estimated Leverage Ratio on Binance near 0.69 while ETH traded around $2,400. The analysis compared that with readings near 0.53–0.55 before the October 10, 2025 liquidation event.
Ethereum chart showing Binance estimated leverage ratio near 0.69. More important than the single reading is what followed. CryptoQuant’s chart showed the ratio rebuilding after sharp resets and remaining above its 100-period moving average. In other words, ETH’s derivatives exposure relative to Binance reserves has stayed in a higher range even after prior bouts of deleveraging.
That does not prove that ETH is about to decline, and it does not establish that leveraged longs dominate the market. It does mean that a fresh rise in open interest and positive funding would deserve closer attention: traders would be adding exposure while the ratio is already elevated against ETH’s recent trend.
Bitcoin’s crowd is cautious while its leverage trend has cooled Bitcoin’s social reading is weaker, but CryptoQuant’s Binance data shows a less persistent leverage setup. Its Estimated Leverage Ratio stood near 0.19—around the level seen before the October 2025 liquidation event cited in the analysis—and had fallen from higher readings earlier in 2026.
Bitcoin leverage remains relatively restrained. The ratio was also below a declining moving average in CryptoQuant’s chart. That suggests that derivatives exposure relative to Binance reserves has been easing rather than rebuilding in the same way described for ETH.
This does not make Bitcoin automatically bullish or safer. A lower ratio can reflect healthier deleveraging, but it can also occur in a weak market with little appetite to add new futures positions. Bitcoin still needs price stability and renewed spot demand before a lower leverage reading can support a stronger recovery case.
What would confirm or weaken the current divergence? Asset Current mix What would strengthen the reading What would weaken it ETH Bullish social discussion and an elevated Binance leverage trend Open interest rises, funding stays strongly positive and the leverage ratio remains elevated Open interest and the ratio decline while ETH holds or extends its recovery BTC Fearful social reading and a cooling Binance leverage trend Price stabilises and spot demand improves without a sharp return in leverage A weak bounce attracts a fast rebuild in open interest and leverage The supplied sentiment and leverage datasets do not include live funding-rate or open-interest changes. Those are the next figures that would test whether ETH’s social optimism is becoming a crowded derivatives trade, or whether Bitcoin’s lower leverage is accompanied by genuine buying demand.
ETH and BTC need different confirmation before the next move Ethereum currently has the stronger narrative, but its Binance leverage ratio has not reset as fully as Bitcoin’s. That makes the next derivatives data important: rising open interest and positive funding would make ETH’s rebound more vulnerable to a rapid reversal, while a calmer build in exposure would weaken that concern.
Bitcoin’s cautious sentiment should not be read as a bullish signal on its own. Its leverage trend has improved, but the market still needs spot demand and price stability to show that the sell-off has produced a durable base rather than simply reduced speculative participation.
This article is provided for informational purposes only and does not constitute financial or investment advice. Social sentiment and derivatives metrics are interpretive tools, not guarantees of future price movement.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Coinbase’s Ethereum Layer-2 network, Base, has introduced “Earn & Borrow,” an integration layer allowing applications to provide features such as variable-rate stablecoin yield and crypto-collateralized loans. This new system utilizes third-party protocols like Morpho and Aave. The update aims to enhance in-app access to credit and yield markets built on Base, rather than introducing a native lending protocol. Recent data indicates an average stablecoin yield of 4.45% in these markets, excluding incentives. This development could indicate a significant increase in Ethereum’s utility, potentially influencing market perceptions of its future price potential.
Key Takeaways Introduction of “Earn & Borrow” on Base suggests increased utility for Ethereum, potentially enhancing its market perception. Current market pricing for Ethereum reaching $10,000 by December 2026 remains low, with a 0.9% YES probability. The development is consistent with scenarios where Ethereum’s growing functionality supports higher future valuations. What to Watch Watch for any significant shifts in Ethereum’s price movement following the integration announcement. Observers will be keen to see if this development leads to increased adoption and use of Ethereum-based financial services. Additionally, monitoring any changes in stablecoin yields and loan demand on Base could provide further insights into the network’s impact on the Ethereum ecosystem.
Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 0.9% — — View market → December 31, 2026 0.9% — — View market → December 31, 2026 2.4% — — View market → December 31, 2026 3.1% — — View market → December 31, 2026 5% — — View market → January 1 2027 18.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 1.1% — — View market → January 1 2027 1.1% — — View market → January 1 2027 2.5% — — View market → January 1 2027 4% — — View market → January 1 2027 8.5% — — View market → January 1 2027 8.6% — — View market → January 1 2027 2.6% — — View market → January 1 2027 1.6% — — View market → January 1 2027 5.5% — — View market → January 1 2027 42.5% — — View market → January 1 2027 15.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 24.5% — — View market → January 1 2027 48.5% — — View market →
Telcoin (TEL) has added a built-in swap to its TELx liquidity platform, routing trades through the 0x Swap API across Ethereum, Polygon and Base, with eUSD conversion supported.
@TelcoinTAO has added a swap feature to TELx, its liquidity dashboard, allowing users to trade tokens without leaving the platform. Previously, liquidity providers had to use an external exchange first, then return to TELx to join a pool and earn rewards.
Trades are routed through the 0x Swap API, which charges a 0.15% fee on some pairs. TELx adds no fee of its own. The tool can also convert directly into the eUSD stablecoin and works across Ethereum, Polygon and Base.
What changed for TELx usersAccording to the project's public code repository, the only swap previously available on TELx was the eUSD vault, which handled native USDC to and from eUSD at a 1:1 rate through the Peg Stability Vault. A development ticket notes that liquidity providers holding other assets, such as ETH, had to swap elsewhere before adding liquidity or using the vault. The ticket cites liquidity provider feedback asking for swap support for other assets.
The new feature closes that gap. Telcoin's code notes that the integration uses the 0x Swap API v2, and that TELx sends no fee parameters of its own with each quote. The interface also offers a link to make the same swap on Uniswap for users who prefer it, according to the project's pull request on fee disclosure.
How the 0x fee works0x says on its pricing page that, on its standard plan, it charges a 0.15% fee on swaps involving select token pairs. The company states that the list of eligible tokens changes over time and that any fee is detailed in each API response when it applies. This explains why the cost varies by trading pair on TELx.
For users, the practical effect is fewer steps. Swapping, pooling and reward collection can now happen in one place, which reduces the need to move funds between venues before providing liquidity. The 0x Swap API covers 16 EVM networks, according to 0x, so TELx's three-chain support is a subset of what the API can reach.
Sberbank, Russia’s largest lender, has been added to the Bank of Russia’s register of crypto exchange operators, clearing it to buy and sell digital currencies in its own name and to quote prices directly to its own customers. The entry, dated October 12 in the central bank’s register, gives Sberbank both of the licences created under Russia’s new digital-currency framework, after it joined the digital depository register earlier in the month.
The state-controlled bank now plans to launch its first retail crypto products on December 1 through SberBank Online, SberInvestments and SberBusiness, with Bitcoin, Ethereum and Tether’s USDT expected to be the first supported assets. It builds on Sberbank’s earlier plan to run an off-chain crypto trading system in December, now backed by a formal exchange-operator licence rather than a roadmap announcement.
What the Approval Actually Changes Russia’s digital-currency law, in force since September 1, created two new licensed roles alongside the exchanges, brokers and trustees that already handled digital assets. An exchange operator may buy and sell digital currencies on its own behalf and at its own expense outside organised trading, while a digital depository records who owns what and grants clients access to the address identifiers where their assets are held.
Sberbank was among the first five digital depositories admitted on October 6. Its addition to the exchange register a week later lets it trade as well as hold, a combined position that only VTB previously held among current market participants. The bank said the status lets it organise the circulation of digital currency on interfaces clients already use, rather than steering customers to a separate service. Holding both roles also lets Sberbank bundle trading and custody for clients in one place, removing a step customers would otherwise face at separate venues.
Which Coins, What Limits and When Sberbank has said its first products will support Bitcoin, Ethereum and USDT, though the Bank of Russia will set the final list of permitted coins. Non-qualified retail investors may buy up to 300,000 rubles — roughly $3,500 — of eligible cryptocurrencies a year through each intermediary after passing a mandatory test, while qualified investors face no annual purchase cap.
Cryptocurrency still cannot be used to pay for goods and services inside Russia, though the framework does permit its use for cross-border settlements without an amount limit, a carve-out aimed at trade payments. Sberbank has cautioned that the December 1 timing depends on further central-bank regulations, leaving room for the schedule to slip as the Bank of Russia finalises its operating rules.
Russia’s Ten Registered Crypto Exchangers The exchange-operator register has grown from four names to ten in a single week. As of October 13 it lists VTB and T-Invest Lab — part of the T-Technologies group behind T-Bank — along with Zefir and Sistema-Crypto from the first batch admitted October 6; RNKO Finpilot and Professional Bank, added October 8; Moy Bitkoin and Khlynov Bank, added October 9; and Sberbank and Paradise Technology, both entered October 12.
That pace reflects a simplified, notification-based route that lets established financial institutions be admitted within a single day. What regulators called a first step on October 6 has quickly become a crowded list of licensed venues, with Sberbank by far the largest name on it.
What Happens Before December 1 Institutions already on the registers must comply with transaction and recordkeeping rules from the date of inclusion and have until September 1, 2027 to bring the rest of their operations into full compliance. Moscow Exchange has separately said it plans to enable crypto trading from December 1 and is testing operations with professional participants, pointing to a December window in which several venues go live at once.
Sberbank executives have projected that Russia’s regulated crypto trading could reach about $46 billion in its first year, a figure that explains why the country’s largest bank is moving first. For now, the next concrete signals are the Bank of Russia’s final list of permitted coins and any further product guidance before the stated December 1 target.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
14 October 2026 | 00:55 Interactive Brokers has added Ethereum staking to Client Portal for eligible Interactive Brokers LLC clients. Clients can now submit staking requests alongside their usual brokerage activity, though the ETH is held and staked through Zero Hash rather than by Interactive Brokers itself.
Key Takeaways Eligible Interactive Brokers LLC clients can stake ETH through Client Portal. Ethereum is the only staking asset at launch, with availability varying by affiliate and country. Zero Hash provides the staking service and custody arrangement. Rewards can compound, but they are variable and not guaranteed. Staked ETH may not be ready to sell or transfer immediately after an unstake request. ETH staking moves into Interactive Brokers’ Client Portal Interactive Brokers introduced Ethereum staking on October 13. Eligible Interactive Brokers LLC clients can use the Staking Dashboard in Client Portal to request staking or unstaking and monitor pending activity.
Ethereum is the sole supported asset at launch. The broker says access depends on the Interactive Brokers affiliate, country of residence and client eligibility, so crypto trading access does not automatically mean a client can use the staking feature.
The launch simplifies the front end of the process for existing Interactive Brokers customers. Instead of managing a separate staking account, the client can initiate and track the request from the same portal used for other account activity.
What changes for the client—and what does not Part of the experience What Interactive Brokers adds What still depends on others Submitting a request Stake, unstake and pending-activity tools inside Client Portal. Zero Hash processes the service request. Custody A familiar brokerage interface for viewing the position. The crypto position is held with Zero Hash, outside Interactive Brokers. Rewards Rewards are credited as additional staked ETH when earned. Ethereum network rewards, applicable fees and validator performance affect the outcome. Leaving staking Clients submit the unstake request from Client Portal. Ethereum’s withdrawal process and provider handling determine when ETH becomes available. Zero Hash provides the staking service. Interactive Brokers’ crypto disclosures state that digital assets are held with Paxos or Zero Hash, depending on the account arrangement, rather than being custodied by Interactive Brokers.
That makes this a custodial staking product, not self-custody. A client does not hold the private keys or select validators directly. The trade-off is operational simplicity: the client can use a familiar brokerage portal while Zero Hash handles the underlying staking arrangement.
Rewards may compound, but the rate is not fixed Interactive Brokers says rewards, when earned, are credited as additional staked cryptocurrency. They can therefore compound while the ETH remains in staking.
That does not turn ETH staking into a fixed-interest product. The underlying Ethereum reward level can change, while the amount passed to a customer depends on fees and the terms of the service. Any displayed estimate should be treated as a current indication, not a promised annual return.
Interactive Brokers’ public staking page explains that rewards can compound, but it does not publish one fixed reward rate or universal staking-fee figure. Clients need to check the current terms in Client Portal before opting in.
The key liquidity warning
Staked ETH should not be treated as immediately tradeable ETH. An unstake request may take from hours to weeks, depending on the asset, Ethereum’s processing and the provider’s handling of the request.
The crucial decision is how much ETH to leave liquid The main issue for a client is not submitting the staking request; it is what happens later if they want to sell, transfer or rebalance the position during a fast market move.
Zero Hash’s terms say unstaking can take from hours to weeks. There may also be a delay before a new staking request is fully processed and begins earning rewards, since instructions can be handled in batches.
For an ETH holder, this creates a straightforward portfolio question: which part of the position is intended for longer-term staking, and which part may be needed quickly? ETH awaiting release from staking may not be available when the client wants to trade it.
Staking risk does not end with the Ethereum price ETH’s market price remains the largest risk for many holders, but staking introduces additional operational risks. These include validator downtime, missed rewards and slashing penalties if validator activity breaches network rules.
Zero Hash says it may replace assets affected by certain slashing events. However, the terms also identify exceptions, including protocol failures, third-party failures, malicious attacks and events outside the provider’s reasonable control. The arrangement should therefore not be read as complete protection against staking losses.
Clients also remain dependent on the availability of the broker’s interface, Zero Hash’s systems and the Ethereum network when they need to monitor or change their position.
Before you stake ETH through Interactive Brokers Four checks worth making first
Confirm availability: Staking is limited to eligible Interactive Brokers LLC clients and varies by residence and affiliate. Check the net reward: Review the currently displayed reward information and fees, not a generic Ethereum staking estimate. Keep trading ETH separate: Do not stake ETH that may be needed for a near-term sale or transfer. Read the service terms: Understand the custody model, unstaking process and limits of any slashing-related replacement policy. Interactive Brokers has made ETH staking easier to access for clients already using its platform. The important limits remain unchanged: rewards vary, the ETH is held through a third-party provider, and exiting staking can take longer than an ordinary crypto trade.
This article is provided for informational purposes only and does not constitute investment, legal or tax advice. Crypto assets are volatile, staking rewards are variable, and eligibility, fees and service terms can change.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Interactive Brokers (Nasdaq: IBKR) has launched cryptocurrency staking for eligible clients, letting them earn rewards on Ethereum while managing crypto alongside stocks, options, futures and other assets on its unified platform. Staking services are provided by digital-asset infrastructure firm ZeroHash, and rewards, when earned, are credited as additional staked ETH that can compound while the position remains staked, according to the company’s announcement.
At launch, eligible Interactive Brokers LLC clients can stake Ethereum through a Staking Dashboard in the broker’s Client Portal, where they can submit stake and unstake requests and monitor pending activity. Chief Executive Officer Milan Galik framed the product as the crypto equivalent of the firm’s existing Stock Yield Enhancement Program, which lets clients earn extra income on shares they hold.
“Similar to how our Stock Yield Enhancement Program allows clients to earn additional income on shares they own, staking gives clients an opportunity to earn rewards on the cryptocurrency they own,” Galik said. “We want clients to earn more from the assets they hold.”
Ethereum First, With Availability Varying by Jurisdiction The initial rollout is limited to Ethereum. Interactive Brokers said product availability varies by affiliate and country of residence, so eligibility depends on the entity holding the account and where the client lives. The announcement did not specify when staking might extend to other proof-of-stake assets.
The launch adds staking to a crypto service that already offers trading in 20 digital assets: Aave, Aptos, Avalanche, Bitcoin, Bitcoin Cash, Canton, Cardano, Chainlink, Dogecoin, Ethereum, Lido DAO, Litecoin, Monad, NEAR Protocol, Pax Gold, Plasma, Ripple, Solana, Sui and Uniswap.
Brokers Keep Expanding Into Crypto Yield The move extends a multi-year build-out of Interactive Brokers’ crypto services, which already include stablecoin funding through USDC, RLUSD and PYUSD and transfers to external wallets. Institutional staking has also been spreading through 2026, with Lido and Stakely launching public and institutional ETH staking vaults in September.
What Remains Unclear Interactive Brokers did not disclose the staking reward rate, any fee ZeroHash takes from gross rewards, or a timeline for expanding beyond Ethereum. Rewards are not guaranteed, since staking returns depend on network activity, and terms vary by client location. For now, the launch matters mainly as another signal that mainstream brokerages see on-platform crypto yield as a way to keep client assets from migrating to dedicated exchanges.
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
Patricio Worthalter Deposits 10,000 $ETH ($25.05M) to Gemini, Continues Dumping
Patricio Worthalter (@worthalter) continues to dump $ETH, depositing another 10,000 $ETH ($25.05M) into #Gemini 40 mins ago.
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Malicious counterfeit of 200,000-star REA: Fake installation package flagged as malware, downloaded 172 times.
Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.
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According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The SEC has filed a Form 25 for the Bitwise Dogecoin ETF, referenced under DOGE. That is the paperwork tied to pulling a fund off an exchange listing, and it is the formal step that follows Bitwise’s decision to shut the product down.
From launch to liquidation in under a year
Bitwise Investment Advisers launched its spot Dogecoin ETF, which trades under the ticker BWOW, on November 26, 2025. It started life with $2.5 million in seed funding.
Early signs looked respectable. Trading volume reached approximately $3 million during the fund’s first week, which suggested some curiosity from the market.
That curiosity did not last. Assets under management fell to approximately $688,000 by early September 2026, and stood at $725,870 by October 7, 2026.
Investors did not simply ignore it. They actively pulled cash out, with total net outflows surpassing $1.3 million since launch.
Activity dried up too. Trading volume for BWOW in September 2026 came to $51,480, a fraction of that busy opening week.
The fund charged an expense ratio of 0.34%. On a fund this small, that fee generates very little revenue for the issuer, which helps explain why keeping it alive stopped making sense.
The timeline for shutting down
Bitwise announced the liquidation through an 8-K filing on September 10, 2026. The Form 25 is the next piece of the delisting process.
The final trading day for BWOW is set for October 14, 2026. After that, investors are expected to receive cash distributions on or around October 22, 2026.
At the time of the wind-down, the ETF held about 8.2 million DOGE. That stash was valued at under $700,000.
Why Dogecoin did not click with ETF buyers
Bitwise CEO Hunter Horsley expressed disappointment over how the product performed. His explanation centered on a mismatch between audiences.
According to Horsley, people who buy traditional ETFs were hesitant to put money into Dogecoin. The people who actually like Dogecoin, meanwhile, are not necessarily the ones shopping for exchange-traded funds in a brokerage account.
Horsley also noted that he personally holds DOGE. So the closure does not reflect a verdict on the coin from the top of the company, just on whether a regulated fund was the right way to sell it.
The contrast with the rest of Bitwise’s lineup is notable. The firm has seen stronger demand for more established products, including its Solana staking ETF.
What this means for single-asset crypto funds
There is also a practical lesson about economics. A fund charging 0.34% on less than $1 million in assets brings in only a small amount in annual fees, which is unlikely to cover the cost of running a listed product. Seed money can launch a fund, but it cannot keep one alive without follow-on demand.
For current BWOW holders, the key dates are October 14, 2026, for the last day of trading, and on or around October 22, 2026, for cash distributions. Anyone still in the fund should expect cash back rather than DOGE.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
According to reports from The Paper, the Qian Zhimin case — involving over 40 billion yuan in illegal fundraising and more than 60,000 Bitcoin — has seen new progress in China’s judicial process. On October 13, the Tianjin No.2 Intermediate People’s Court announced that it had accepted on September 28 the application by the Second Branch of the Tianjin Municipal People’s Procuratorate to confiscate illegal gains from suspect Qian Zhimin. Per the court’s released property confiscation list, in addition to Bitcoin, the virtual currencies involved include 72,745.79502 Bitcoin Cash, 72,745.78555 Bitcoin Gold, 72,745.7845 Bitcoin Satoshi Vision, 3,605,989.9995 Ripple, and 70,081,208.62553222 Dogecoin (converted by UK authorities and deposited in an interest-bearing account). Other properties targeted for confiscation include US dollar, euro, and British pound cash, jewelry, bank balances, investment portfolios, and more. The Second Branch of the Tianjin Municipal People’s Procuratorate stated that Qian Zhimin is suspected of illegal fundraising fraud, was placed on a wanted list after fleeing, and has failed to appear in court for over a year. Evidence confirms that more than 61,800 Bitcoin and other assets seized in the UK are illegal gains and their proceeds. The procuratorate requests that these illegal gains, as well as their converted, transformed, and derived properties and proceeds, be recovered and confiscated, with the exception of those legally returned to defrauded fundraising participants.
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Billionaire Paul says he will short U.S. stocks for the full year and holds long positions in oil.
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Cardano [ADA] is currently caught in a tug of war.
From a technical perspective, ADA posted three months of consecutive gains, pushing ADA close to the $0.30 level. However, the altcoin started October down over 3%.
Analysts are now flagging $0.24, which has become a key level for Cardano to watch out for the potential change in the token’s movement. The main question is whether the pullback is a short-term correction or the beginning of a more profound decline.
On a fundamental level, Cardano launched the second week of October with fireworks. As we can see from the chart below, Cardano just broke a five-year-old record.
In Epoch 660, 1,780,896 transactions were processed, compared to the previous record of 1,566,974 in November 2021. This means a new record, with an average of 83.83 transactions per block.
Source: X Normally, this sort of technical-fundamental divergence would indicate that ADA is undervalued, as increased activity suggests that fundamentals are improving despite its recent price weakness.
In addition to this, Chainspect added that Cardano posted over $100k in monthly revenue for the first time, reaching $136.6k over the last month.
This means that another chapter of Cardano’s expansion narrative is being added, signifying that even though ADA is facing pressure, the network’s activity keeps rising.
Naturally, the key question is whether these improving fundamentals can support Cardano’s valuation and eventually translate into strong price action.
Is ADA overvalued despite Cardano’s growing network activity? Typically, signs of undervaluation tend to be among the first things that smart money looks at when assessing a market opportunity.
In other words, if Cardano’s transaction activity and network revenue continue to climb, while ADA faces short-term selling pressure, it could draw in investors that see a discrepancy between the asset’s current valuation and its fundamentals.
However, looking at the current scenario, this may not be true.
As the post below highlights, Cardano whales have been selling their coins. During the last five days, 110 million ADA were dumped by big holders in the market, putting extra selling pressure on the price as it nears the key support area.
The most worrying sign, however, is the decrease in network activity. The number of daily active addresses fell by 41.36% to 15,977, compared to 27,248 during the same time last week.
Source: X Together, these trends constitute a potentially overvalued scenario for Cardano.
While transaction activity hit a record high and network revenue is climbing, accumulation or increased engagement by users is not in sight.
This means that the market does not see ADA’s correction as an obvious buying opportunity at the moment, contrary to signs of undervaluation.
Instead, whale selling, a decrease in active addresses, and ongoing price weakness indicate that investors are cautious about ADA’s near-term prospects, potentially causing the $0.24 support level to break and exposing the altcoin to a deeper correction.
Final Summary Cardano hit a five-year transaction record, while monthly revenue rose to $136.6k. Whales sold over 110 million ADA in five days, putting the $0.24 support level at risk.
Cardano has adopted the Open Wallet Standard (OWS), a framework designed to streamline wallet management across multiple blockchains. This move comes as Cardano’s native token ADA hovers at the critical $0.22 to $0.24 support zone.
New unified wallet standard aims to boost interoperabilityThe Cardano community backed the integration of OWS, describing it as a significant step for multi-chain interoperability. OWS enables applications and artificial intelligence agents to manage wallets on different blockchains through a single interface, offering flexibility in transaction authorization.
WingRiders, IOG, and the Midnight Foundation led the development of the OWS. These entities are recognized for their work on blockchain scalability and privacy solutions.
Developers working on cross-chain apps and AI tools are expected to benefit from the new standard. With OWS, there is no longer a need to build custom wallet management systems for each blockchain, potentially accelerating the rollout of decentralized applications.
OWS delivers a unified wallet management interface, enabling apps and AI agents to operate across several blockchains with configurable transaction-signing rules, according to project representatives.
The actual impact of the OWS integration will depend on its adoption by applications and the broader ecosystem.
Mini dictionary: WingRiders is a decentralized exchange built on Cardano, while IOG (Input Output Global) is the technology company behind Cardano’s core development. The Midnight Foundation is focused on blockchain privacy and data protection solutions.
ADA price tests key support, analyst outlines next levelsWhile Cardano enhances its infrastructure, ADA’s price remains at a crucial technical juncture. Chart analyst Giannis Andreou identified the $0.22 to $0.24 range as pivotal for ADA’s short-term trend after its recent rebound from summer lows.
Andreou’s analysis aligns the current support with ADA’s upward trendline. Should ADA maintain this support, the recovery may continue, providing a chance for renewed tests of resistance. However, a move below this range could shift attention toward the next support at $0.19 to $0.20.
Volume, open interest, and on-chain data remain key for gauging market momentum, but technicals offer the clearest guide for now.
The analyst highlighted $0.2712 as ADA’s initial upside target, followed by resistance at $0.2910. If ADA can surpass $0.2910 and confirm this breakout, subsequent resistance levels to watch include $0.3117, $0.3522, and $0.4277.
Andreou projects a potential extension to $0.4834, nearly doubling the value from the $0.2419 reference level. This upside remains dependent on ADA holding above key supports.
Key LevelsPrice ($)TypeSupport0.22 – 0.24PrimarySupport0.19 – 0.20SecondaryResistance0.2712InitialResistance0.2910CriticalResistance0.3117NextResistance0.3522NextResistance0.4277NextUpside Target0.4834ExtendedThe analyst noted that breaking below $0.22-$0.24 could invalidate the higher lows pattern, putting $0.19-$0.20 as the primary area to watch.
The outlined price levels serve as reference points rather than guarantees, with confirmation needed before higher targets are considered achievable.
Outlook for Cardano ecosystem and ADA priceCardano’s immediate trajectory will depend on the adoption of OWS across wallets and applications, as well as ADA’s ability to sustain its key support range. Successful integration of the standard could support new use cases for Cardano and encourage cross-chain development.
For traders, ADA’s near-term direction will be determined by its response to $0.22-$0.24 support, with potential upside targets of $0.2712 and $0.2910, or a possible move down to $0.19-$0.20 if support cracks.
The overall effect of these developments on ADA demand remains uncertain, with further clarity expected as OWS adoption and price action evolve.
The Cardano Foundation has spun out digital identity firm Veridian and tokenised its shares on Cardano ($ADA) using the CIP-0113 programmable token standard.
The Cardano Foundation has launched Veridian, its digital identity spin-out, and tokenised shares in the new company on Cardano ($ADA). The announcement, made by @Cardano_CF on October 8, makes Veridian an independent commercial business and the first to use the network's programmable token standard, CIP-0113.
What Veridian does, according to crypto.news. The project had been in development for three years before the spin-out. , CoinDesk reported.
The company's mobile wallet is already live. CoinDesk reported that Veridian develops credentials that help people, businesses and AI agents verify identities and authority. According to crypto.news, the company says it has mapped all 142 requirements in Utah's state-endorsed digital identity implementation guide, and it plans to seek strategic partners and investors in 2027, including for expansion in the United States.
How the shares were tokenisedVeridian's shares have been issued as ledger-based securities under Switzerland's DLT Act, crypto.news reported. The Foundation describes them as the first asset deployed on Cardano using CIP-0113.
Frederik Gregaard, the Cardano Foundation's CEO and Veridian's chair, told CoinDesk that most of the company's 1 million shares have been tokenised. CoinDesk noted that the tokenised shares are not being offered to the public.
CIP-0113 went live on Cardano mainnet on October 7, one day before the spin-out. CoinMarketCap Academy reported that the Foundation said the standard went live after multiple independent security audits. It lets issuers of stablecoins, tokenised funds and bonds build compliance controls into tokens, including KYC checks, sanctions screening, transfer limits and freeze-and-seize functions. CoinDesk said these features are designed to help issuers meet regulatory requirements.
Mainnet availability does not by itself show adoption. As TradingView News noted, the standard's relevance to $ADA depends on issuers choosing to build with it. Veridian is the first live example, but it is a Foundation-linked company, and its shares are not publicly tradable.
Sources:
CoinDesk: Cardano Foundation spins out Veridian, tokenizes its shares on new standard
crypto.news: Cardano Foundation spins out digital identity firm Veridian
CoinMarketCap Academy: Cardano rolls out token standard letting issuers freeze, seize assets
TRON settled $2.21 trillion in stablecoins in the third quarter.
The figure comes from TRON DAO’s State of TRON Q3 2026 report, published on October 12, 2026. It covers the July to September quarter.
The numbers behind the quarter
The report puts the exact stablecoin settlement figure at $2.2126 trillion. That is a 5.1% quarter-over-quarter increase from $2.106 trillion in Q2.
Spread across the quarter, average daily settlement reached $24.05 billion, up 3.9% from the prior period.
Supply grew too. The combined supply of USDT and USDD on TRON reached $93.88 billion, up 5.5% quarter-over-quarter and 14.9% year-over-year.
By mid-October, stablecoin supply on TRON had climbed to around $95.3 billion.
There was also a milestone along the way. Cumulative transaction volume on TRON passed $30 trillion as of September 23, 2026.
More users, more transactions, slightly lower fees
TRON processed approximately 1.1 billion transactions in Q3, a 33.7% jump year-over-year.
Average monthly active addresses rose 9.8% to 18 million.
Total value locked across the TRON ecosystem, including staking, stood at $28.21 billion.
Network fees for the quarter totaled $701.4 million. That marks a 4% decline from Q2.
TRON leads stablecoin card spending
TRON processed around $998 million in stablecoin card transaction volume during Q3. That works out to 23.2% of the $4.31 billion total across all networks, the largest share of any chain according to the report.
The ETF piece
On September 9, Canary Capital launched the Canary Staked TRX ETF, referenced in the research as the TRXS ETF. The product gives investors exposure to staked TRX through an exchange-traded wrapper.
The TRON DAO report pointed to new integrations and services, including the ETF launch, as part of the network’s continued growth during the quarter.
Background: TRON’s role in the stablecoin economy
TRON has long been one of the main homes for USDT, the largest dollar stablecoin. USDD, the other stablecoin counted in the report’s supply figure, is part of the TRON ecosystem. Combined with USDT, it brought supply to the $93.88 billion level at quarter end.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The new crypto Pepeto has announced it passed 44,000 holders, and most of them bought while the crypto market was low and people were afraid. Why? Because the big players who control crypto follow one rule they never say out loud: buy a coin before it lists, and buy when the crowd is scared. Then they tell everyone else to buy big coins. This article shows the game live: a crypto presale whales are quietly filling, fresh Trump news lifting the market, and a BNB price prediction that explains the timing.
BNB is here for one reason. This new crypto and BNB are both exchange tokens, the model that made BNB's first buyers millionaires. First the BNB price chart, then why it matters now.
New Crypto Pepeto Leads Every Presale as the BNB Price Prediction Reaches for $3,000
The announcement puts Pepeto ahead of every crypto presale in 2026, 44,000 holders and rising. It is an exchange token: a trading platform runs on the coin, so every trade needs it. BNB proves the model works. The BNB price today is $748.53 per TokenPost, up from $583 in August, with another boost on October 9 when President Trump said the U.S. would not attack Iran before the midterms. The market calmed, Bitcoin climbed back to $82,600, and traders betting on a drop got wiped out per CoinDesk.
Our BNB price prediction for this cycle is $3,000. The BNB price just cleared its summer range, and only two big levels remain, $857.96 and $1,000.73 per CoinGabbar. One trader on X called BNB "one breakout away from a parabolic move" with $3,000 as the target, and we agree, because once the BNB price passes $1,000, far more people buy.
But what does $3,000 mean for a normal investor? From $748, that is about 4x. Put in $5,000, get $20,000. Good, not life-changing. And that is the trick. Big players need millions of buyers to push big coins up, so the news keeps telling you BNB is the move, while 4x is all it can pay you.
Now look at how the first BNB buyers really got rich. They bought in 2017 at about $0.10, and by 2021 the BNB price hit $793, so $1,000 grew to nearly $8 million. BNB is worth about $100 billion today, so a price that small can never return, whatever any BNB price prediction says. The lesson is simple: insiders got rich buying early, and the crowd got the 4x later.
Inside the New Crypto Pepeto Presale as the BNB Price Prediction Builds the Case
So where is the next BNB at $0.10? Ask anyone in crypto and one name comes up: Pepeto. Pepeto is a new crypto still waiting for its first listing, and it sits here because it works like BNB, a coin with its own exchange, with one big extra: it is also a meme coin, still cheap enough to buy before any exchange carries it. That is why the excitement is so loud. More than 41,000 people have bought in, most while the market was down, and on-chain data shows whales among them, the same big players who tell the public to buy BNB. They know the biggest wins come from presales, and they are not waiting.
The meme coin part is the exciting one. Meme coins are the only crypto that keeps giving 100x returns, and PEPE is the newest proof: it launched in April 2023 with no product, and within weeks early buyers were up over 100x as it hit an $11 billion market cap, carried by nothing but a crowd that kept talking. Pepeto already has that crowd: crypto news sites cover it weekly, Telegram, X, and Reddit talk about it daily, and copy tokens steal its name.
The numbers show how big this new crypto gets. Pepeto's supply is 420 trillion tokens, and presale buyers get 30%. A $300 million market cap alone means close to 50x from today, and a run to PEPE's peak takes Pepeto far past 100x.
Final Word o
The answer is clear. The big players want you in big coins because your money pushes their price up, and even a bold $3,000 BNB price prediction pays you only 4x for the favor. Meanwhile they buy early, like those who made real money on BNB at $0.10. Big money in crypto was never made by buying what the news tells you to buy. It was made by buying what the whales buy, before the crowd hears about it.
Finding that early buy before the listing was always the hard part in crypto, and few presales give this much proof so early. A new crypto presale right before a Binance listing is the setup most investors hunt for all cycle and never find. That new crypto chance is still open on the official Pepeto website, but the space between presale and listing price shrinks daily.
For more information about Pepeto (PEPETO): Website: Official Pepeto Website
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Institutions apparently wanted to borrow against their Bitcoin without selling it. They wanted it badly enough to drain nearly every spare dollar from the pool built for the job.
About 97.4% of the USDC supplied to the main cirBTC/USDC market on Morpho is now borrowed. When Circle Mint opened access on Sept. 21, that figure was 8.1%. Three weeks later, the room is almost full.
From quiet launch to near capacity As of Oct. 13, 2026, the flagship cirBTC/USDC market on Circle’s Arc Layer-1 held $195 million in supplied USDC. Of that, $190 million had been borrowed.
Circle launched cirBTC on Sept. 21 as a token backed 1:1 by Bitcoin. It is built for a product Circle calls Digital Asset-Backed Borrowing, or DABB.
Eligible institutional Circle Mint customers can post cirBTC as collateral. They can then borrow USDC that lands directly in their Mint balances. The lending runs through Morpho markets on both Arc and Ethereum.
Collateral is not the constraint. More than $304 million in cirBTC currently backs these borrowing operations. The bottleneck is the dollars on the other side of the table.
The squeeze is not limited to the headline market either. Smaller individual cirBTC/USDC markets on Arc have also reported utilization close to 100%.
Who does what in this arrangement Circle has been careful to keep itself out of the lending business. It does not underwrite loans and does not lend in this structure.
Its role is custodial, handled through Circle National Trust. Proof of reserves is published onchain using Chainlink, so anyone can check that the Bitcoin behind cirBTC actually exists.
Morpho sets and manages the market parameters. That includes a liquidation loan-to-value ratio, or LLTV, of 86%.
Borrowing costs have stayed modest. Variable rates in the market sit at roughly 2.8% to 2.9% APY, with the current borrow rate near 2.89%.
Circle also widened the menu in early October. An integration with Aave gave institutional clients a second venue for borrowing against cirBTC.
Why the 8.1% to 97.4% jump matters Utilization measures how much of a lending pool is actually out the door. The move from 8.1% to 97.4% in about three weeks tells you demand ran far ahead of supply. Borrowers showed up faster than lenders did.
For borrowers, the product works, the rate is cheap, and the plumbing into Circle Mint seems to function as advertised. But with roughly $5 million of headroom in the main market, the next large borrower may find the cupboard nearly bare.
What this means for institutional Bitcoin and DeFi These are institutional Circle Mint clients, not anonymous wallets. They are tapping a DeFi protocol to do it.
Circle stays a custodian and stablecoin issuer. Morpho runs the risk engine. Chainlink verifies the reserves.
For Circle, the product gives Bitcoin holders a reason to bring assets into its ecosystem and creates fresh demand for USDC itself. Every dollar borrowed in these markets is a dollar of USDC in circulation.
It also gives Arc, Circle’s own Layer-1, a concrete use case early in its life. The main market and the smaller near-full markets are all on Arc.
The risks are the usual ones, magnified by concentration. An 86% LLTV leaves room, but a sharp Bitcoin drawdown could push some positions toward liquidation. In a market where almost all the cash is already lent out, liquidations and withdrawals arriving together would stress the system in ways a half-empty pool would not feel.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Billionaire Paul says he will short U.S. stocks for the full year and holds long positions in oil.
Billionaire and legendary hedge fund manager Paul Tudor Jones told CNBC that 2027 could be a highly challenging year for U.S. stocks, with the market facing its most unfavorable capital flow environment since 2002. He noted that the corporate buyback and M&A trends that have supported U.S. equity gains in recent years may reverse, while AI giants’ IPOs and subsequent secondary offerings will further expand stock supply. Jones highlighted that potential listings of AI firms like OpenAI and Anthropic, plus financing needs for AI infrastructure development, could drive more corporate stock issuances. Comparing the current market to the eve of the dot-com bubble burst, he argued that a flurry of IPOs and stock lock-up expirations may exert sustained pressure on the market. Additionally, Jones warned that the U.S.’s widening fiscal deficit could eventually force the government to adjust fiscal policies amid market pressure; a $20–$25 oil price surge after the U.S. midterm elections would also likely hit stocks sharply. He said he holds long oil positions and bluntly stated: “I will be shorting the whole year.”
7 minutes ago
Binance will support the IoTeX (IOTX) network upgrade and hard fork.
Per an official announcement, Binance plans to suspend IoTeX (IOTX) token deposit and withdrawal services at 09:00 UTC+8 (China Standard Time) on October 19, 2026, to facilitate the network upgrade and hard fork. The measure is designed to deliver a seamless experience for users. The project team will execute the network upgrade and hard fork at block height 53,533,081, scheduled for approximately 10:00 UTC+8 on October 19, 2026.
7 minutes ago
Metric will launch a decentralized exchange (DEX) for tokenized real-world assets (RWA) on the Robinhood Chain.
Metric announced it will launch a decentralized exchange on Robinhood Chain, utilizing Active Pools and propAMM infrastructure, targeting tokenized real-world assets (RWA) with established market pricing.
7 minutes ago
A low-cost HYPE whale has cumulatively sold off tokens worth $22.49 million at a high point, generating returns exceeding 2119%.
According to on-chain analyst Ai Yi (@ai_9684xtpa), smart money holding HYPE with a cost base as low as $3.87 has been selling the token from $93 to $81, locking in an estimated profit of $21.48 million. Two hours ago, the entity deposited another 100,276 HYPE tokens (valued at approximately $8.17 million) to Kraken. Since September 28, the total amount of HYPE it has transferred to centralized exchanges (CEXs) now stands at 261,926.4 tokens, with a total value of $22.49 million. The average deposit price is $85.87, delivering a return of over 2119%.
7 minutes ago
U.S. overall inflation in September likely to see its largest increase in five months, putting October's interest rate hike expectations to the test.
Latest market projections show U.S. September headline CPI is expected to rise 0.6% month-over-month, up from August’s 0.4% and potentially marking its largest monthly gain in five months. The year-over-year CPI increase is forecast to climb from 3.4% to 3.6%. Driven by Middle East tensions and oil prices, rising energy costs are likely the main catalyst for accelerating inflation. For core CPI, markets expect a 0.2% month-over-month rise and 2.5% year-over-year gain, with the monthly pace slowing from the prior period. Goldman Sachs projects September energy prices to rise around 5% month-over-month, while housing inflation continues to cool. The divergence between headline and core inflation trends may complicate the Federal Reserve’s policy judgments. Fed officials remain divided on their next policy move. Cleveland Fed President Loretta Mester believes inflationary pressures are spreading to more sectors and is open to a rate hike at the end of October; Governor Christopher Waller, however, has said there is no need for consecutive rate hikes at two back-to-back meetings. Markets will closely watch whether this data will shift expectations for the interest rate path in October and December. U.S. September CPI will be released at 20:30 tonight, September PPI will be released on Thursday, and Fed Chair Jerome Powell is scheduled to speak on Friday. If CPI comes in higher than expected, it may reinforce expectations of further policy tightening; if core inflation slows, it may support the Fed pausing rate hikes.
7 minutes ago
Whale Rotates $89.5M from $BTC to $ETH Over 3 Days
This mysterious whale continues to rotate from $BTC into $ETH.
Over the past 3 days, the whale has sold 1,074.36 $BTC ($89.5M) and bought 36,159 $ETH ($90.6M).
According to EmberCN’s monitoring, over the past 24 hours, a whale or institutional entity that has been consistently selling BTC and buying ETH recently sold an additional 236.6 BTC, converting the proceeds into 19.71 million USDC to purchase 7,845 ETH. Over the past three days, this address has sold a total of 1,074.3 BTC, converting it to 89.39 million USDC, then used the funds to acquire 35,346 ETH at an average purchase price of roughly $2,529.
Billionaire Paul says he will short U.S. stocks for the full year and holds long positions in oil.
Billionaire and legendary hedge fund manager Paul Tudor Jones told CNBC that 2027 could be a highly challenging year for U.S. stocks, with the market facing its most unfavorable capital flow environment since 2002. He noted that the corporate buyback and M&A trends that have supported U.S. equity gains in recent years may reverse, while AI giants’ IPOs and subsequent secondary offerings will further expand stock supply. Jones highlighted that potential listings of AI firms like OpenAI and Anthropic, plus financing needs for AI infrastructure development, could drive more corporate stock issuances. Comparing the current market to the eve of the dot-com bubble burst, he argued that a flurry of IPOs and stock lock-up expirations may exert sustained pressure on the market. Additionally, Jones warned that the U.S.’s widening fiscal deficit could eventually force the government to adjust fiscal policies amid market pressure; a $20–$25 oil price surge after the U.S. midterm elections would also likely hit stocks sharply. He said he holds long oil positions and bluntly stated: “I will be shorting the whole year.”
7 minutes ago
Binance will support the IoTeX (IOTX) network upgrade and hard fork.
Per an official announcement, Binance plans to suspend IoTeX (IOTX) token deposit and withdrawal services at 09:00 UTC+8 (China Standard Time) on October 19, 2026, to facilitate the network upgrade and hard fork. The measure is designed to deliver a seamless experience for users. The project team will execute the network upgrade and hard fork at block height 53,533,081, scheduled for approximately 10:00 UTC+8 on October 19, 2026.
7 minutes ago
Metric will launch a decentralized exchange (DEX) for tokenized real-world assets (RWA) on the Robinhood Chain.
Metric announced it will launch a decentralized exchange on Robinhood Chain, utilizing Active Pools and propAMM infrastructure, targeting tokenized real-world assets (RWA) with established market pricing.
7 minutes ago
A low-cost HYPE whale has cumulatively sold off tokens worth $22.49 million at a high point, generating returns exceeding 2119%.
According to on-chain analyst Ai Yi (@ai_9684xtpa), smart money holding HYPE with a cost base as low as $3.87 has been selling the token from $93 to $81, locking in an estimated profit of $21.48 million. Two hours ago, the entity deposited another 100,276 HYPE tokens (valued at approximately $8.17 million) to Kraken. Since September 28, the total amount of HYPE it has transferred to centralized exchanges (CEXs) now stands at 261,926.4 tokens, with a total value of $22.49 million. The average deposit price is $85.87, delivering a return of over 2119%.
7 minutes ago
U.S. overall inflation in September likely to see its largest increase in five months, putting October's interest rate hike expectations to the test.
Latest market projections show U.S. September headline CPI is expected to rise 0.6% month-over-month, up from August’s 0.4% and potentially marking its largest monthly gain in five months. The year-over-year CPI increase is forecast to climb from 3.4% to 3.6%. Driven by Middle East tensions and oil prices, rising energy costs are likely the main catalyst for accelerating inflation. For core CPI, markets expect a 0.2% month-over-month rise and 2.5% year-over-year gain, with the monthly pace slowing from the prior period. Goldman Sachs projects September energy prices to rise around 5% month-over-month, while housing inflation continues to cool. The divergence between headline and core inflation trends may complicate the Federal Reserve’s policy judgments. Fed officials remain divided on their next policy move. Cleveland Fed President Loretta Mester believes inflationary pressures are spreading to more sectors and is open to a rate hike at the end of October; Governor Christopher Waller, however, has said there is no need for consecutive rate hikes at two back-to-back meetings. Markets will closely watch whether this data will shift expectations for the interest rate path in October and December. U.S. September CPI will be released at 20:30 tonight, September PPI will be released on Thursday, and Fed Chair Jerome Powell is scheduled to speak on Friday. If CPI comes in higher than expected, it may reinforce expectations of further policy tightening; if core inflation slows, it may support the Fed pausing rate hikes.
7 minutes ago
Whale Rotates $89.5M from $BTC to $ETH Over 3 Days
This mysterious whale continues to rotate from $BTC into $ETH.
Over the past 3 days, the whale has sold 1,074.36 $BTC ($89.5M) and bought 36,159 $ETH ($90.6M).
OpenAI is in talks to acquire cybersecurity firm Trail of Bits.
According to a report by The Information, sources familiar with the matter have revealed that OpenAI is in early-stage acquisition negotiations with New York-based crypto cybersecurity firm Trail of Bits to expand its cybersecurity operations. The deal’s value has not been disclosed, and neither party has publicly confirmed the discussions. Founded in 2012, Trail of Bits has around 40 employees, specializing in open-source software vulnerability discovery and remediation. The firm has provided security audits for prominent crypto projects including Uniswap, Aave, and Worldcoin. In June 2026, OpenAI partnered with Trail of Bits to launch the "Patch the Planet" open-source security initiative, which combines OpenAI’s models with Trail of Bits’ expertise to identify hundreds of vulnerabilities and merge dozens of patches. The development remains in early stages, with further updates pending confirmation.
4 minutes ago
Michael Saylor says a new bull market has started, and predicts Bitcoin will return above $100,000.
Strategy co-founder and executive chairman Michael Saylor stated in an interview that Bitcoin has bottomed out and rebounded, and is projected to retake the $100,000 mark. He noted Bitcoin previously hit a low just below $60,000, has now climbed back to the $80,000 range, and is on track for further gains. Saylor attributed the market’s momentum to an improved regulatory landscape and accelerating Bitcoin adoption by banks, which are driving a new bull run. He forecast Bitcoin’s long-term annual return will reach 20% to 30% over the next several years, adding that Strategy may increase its Bitcoin purchases during the bull market and issue more securities to fund these acquisitions. Separately, on MSCI’s consideration of adjusting index rules that could exclude companies whose primary business is asset accumulation from global stock indices, Saylor expressed opposition, warning the move could set an unfavorable precedent for the digital asset sector. MSCI is scheduled to announce its decision this Friday. Last November, JPMorgan estimated that Strategy could face up to $2.8 billion in capital outflows if it were excluded from the indices.
4 minutes ago
OTC whale 0x8c58 exits final 9,996 $ETH for $25M, banking $24.48M profit on 52,001 $ETH position
OTC whale 0x8c58 sold his remaining 9,996 $ETH ($25M) 7 hours ago. This whale bought a total of 52,001 $ETH ($112.4M) at an average price of $2,162 and sold them at an average price of $2,632, making a profit of $24.48M.
4 minutes ago
Binance will adjust the minimum price increment for multiple USDT-margined perpetual contracts tomorrow.
Binance announced that it will adjust the minimum price movement unit (Tick Size) for select USD?-M perpetual contracts at 14:30 Beijing time on October 15. The affected trading pairs include APRUSDT, XPINUSDT, ROBOUSDT, BEATUSDT, RUMUSDT, FLNCUSDT, and CSOPSAMSUNG2LUSDT. The adjustment aims to enhance market liquidity and trading experience. It will not affect normal trading of USDT-margined contracts or existing orders. After the adjustment is completed, the Tick Size returned via API will be updated synchronously; users can check the latest parameters via the /fapi/v1/exchangeInfo endpoint.
4 minutes ago
Rain has launched an embedded stablecoin wallet that supports 12 blockchains and integrates with 175 million merchants worldwide.
Stablecoin payment platform Rain has announced the launch of an embedded stablecoin wallet, allowing partners to integrate the wallet directly into their own applications, with a single integration to access Rain’s services including debit cards, virtual accounts, rewards, fiat on-ramps/off-ramps, and global payments. Rain’s wallet supports 12 blockchains: Arbitrum, Avalanche, Base, BNB Chain, Celo, Ethereum, Monad, Plasma, Optimism, Polygon, Solana, and ZKsync, and can hold stablecoins like USDC and USDT as well as other crypto assets. Users can receive, save, spend, and transfer funds via the same stablecoin balance, and use Rain-issued debit cards to make purchases at 175 million merchant locations worldwide. Currently, non-custodial wallets are available to Rain partners, with users holding their own private keys; custodial wallets and stablecoin balance yield features are expected to launch by the end of 2026. Rain stated that its platform aims to integrate stablecoin holding, payments, and money transfers into a unified application experience.
4 minutes ago
Cerebras CEO pushes back against AI doomsday narratives: The industry should not only focus on risks, but also showcase the technology's potential to the public.
AI chip firm Cerebras Co-founder and CEO Andrew Feldman told attendees at TechCrunch Disrupt 2026 that discussions about technological risks in the AI industry are currently overly pessimistic, and some industry leaders may not need to make such remarks publicly. He argued that the public is overly fixated on the risk of AI going rogue and potentially destroying humanity, while overlooking AI’s transformative potential in sectors like healthcare—for example, it could drastically reduce cancer deaths in the future. Feldman also stressed that powerful technology inevitably carries a risk of misuse by bad actors, so the industry must advance prudently and embrace reasonable regulation. He added that negative public sentiment surrounding AI data center construction stems partly from the industry’s failure to adequately communicate with local communities over the past few years, particularly in the U.S., where companies should prioritize community engagement. When asked whether gains in AI model efficiency would dampen chip demand, Feldman expressed no concern. He noted that hardware vendors boosting computing efficiency and model developers optimizing models can progress in tandem, ultimately fueling further advancement of AI technology. Cerebras’ clients include OpenAI, Block, Figma, GlaxoSmithKline (GSK), and Lovable.
Apps can embed variable-rate stablecoin lending and crypto-backed loans, while borrowers remain subject to the underlying protocols’ liquidation rules.
Apps can embed variable-rate stablecoin lending and crypto-backed loans, while borrowers remain subject to the underlying protocols’ liquidation rules.
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Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
PancakeSwap (CAKE) burned 529K CAKE ($1.28M) last week against roughly 150K in new emissions, cutting net supply by 379K tokens. Here is where the burns came from.
@PancakeSwap destroyed 529K $CAKE (about $1.28M) over the past week, while new emissions came to roughly 150K tokens. That left the supply of PancakeSwap's native token down by a net 379K CAKE, worth about $912K.
Where the burns came fromThe v2 trading pools drove the biggest share at 270K CAKE, up 24% on the week. Burns from v3 pools fell 24% to 192K CAKE, while the newer Infinity pools added 41.3K CAKE.
The weekly figure is in line with recent readings.
Why CAKE burns more than it mintsThe pattern reflects a deliberate redesign of the token's economics.
Supply limits have since tightened further.
Burns are funded by product usage rather than by treasury sales. That link to trading activity helps explain why burn totals move with volume across the v2, v3 and Infinity pools.
The track record is also long. Weekly numbers still vary, so a single week of net burns says little on its own about the longer trend.
Sources:
Cryptowisser: PancakeSwap burns $1.28M in CAKE as weekly deflation continuesAMBCrypto: PancakeSwap tightens CAKE supply ceiling following tokenomics overhaulTokenomics.com: PancakeSwap tokenomics and CAKE burns
KSD’s platform is being built to connect with Avalanche, Hyperledger Besu and Hyperledger Fabric, with Samsung SDS targeting completion in February 2027.
KSD’s platform is being built to connect with Avalanche, Hyperledger Besu and Hyperledger Fabric, with Samsung SDS targeting completion in February 2027.
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The Korea Securities Depository is building a token platform that connects with Avalanche, Hyperledger Besu and Hyperledger Fabric ahead of South Korea's February 2027 tokenized securities rules.
The Korea Securities Depository (KSD), which keeps official ownership records for Korean stocks and bonds, is building a token platform designed to connect with @avax, Hyperledger Besu and Hyperledger Fabric. A KSD official said Avalanche ($AVAX) was added after requests from several companies, according to Seoul Economic Daily.
Why Avalanche made the listSeoul Economic Daily's report, as summarised by crypto.news, said the KSD official told the publication that several companies had asked for Avalanche support through industry consultations and existing projects. The depository's published distributed-ledger requirements cover all three networks.
Access to the connected ledgers will stay limited to approved institutions such as securities companies and the depository itself. The KSD would take part in the networks directly to oversee total issuance and electronic registration information, crypto.news reported. For securities firms, the multi-network approach means they can choose between several blockchain options when building systems for the new framework.
Hanwha Investment & Securities, part of @Hanwha_Official, has already built a token platform that can run on Avalanche. According to the same report, the brokerage began developing the system with blockchain firm FairSquare Lab in 2025, and it was built to operate across several networks, including Avalanche and Hyperledger Besu, an Ethereum-compatible enterprise blockchain.
Rules take effect February 4, 2027South Korea's tokenized securities rules take effect on February 4, 2027. Amendments to the Electronic Securities Act and the Capital Markets Act will recognise distributed ledgers as infrastructure for issuing and circulating securities.
The Financial Services Commission (FSC) has laid out a phased rollout. The Elec reported that the first phase, starting in February 2027, covers privately placed money market funds and bonds for institutional investors, unlisted shares issued through a trust structure, and publicly offered fractional investment securities. Blockonomi reported that the FSC proposed detailed rules on October 1, 2026, with a public comment period running to November 11.
Inclusion in the KSD's guidelines does not make Avalanche the sole infrastructure for Korea's securities market. The depository is planning support for several ledger technologies, and reports so far do not say that Hanwha's platform has been integrated into the KSD's system.
Sources:
crypto.news: Hanwha taps Avalanche for tokenized securities platform in South KoreaThe Elec: South Korea to Begin Tokenizing Unlisted Stocks, Bonds and Funds in FebruaryBlockonomi: South Korea Proposes Rules for Tokenized Stocks and Bonds Starting 2027
Large-scale accumulation of Uniswap’s UNI token continues despite the broader decline across cryptocurrency markets. Whale wallet 0x1389 increased its UNI holdings by 1.29 million tokens, with purchases valued at about $9.6 million over three days, according to on-chain monitoring service Lookonchain.
Whale Accumulation Intensifies Amid Market WeaknessThe wallet’s activity has drawn attention as UNI’s price trades near $7.40 following a reported breakout above a long-term descending triangle. Rather than reducing exposure in challenging market conditions, this whale continued to buy, including a single transaction for 600,005 UNI worth $4.28 million.
Analysts observed that the purchases coincide with key technical developments. The $7.00 level is considered a support zone, with traders watching if UNI can hold this area and target higher resistance points. While whale accumulation highlights confidence from at least one large holder, it does not confirm broader institutional interest or guarantee UNI’s price will rise.
Activity from this address stands out during a period when other traders have reduced exposure. However, a single wallet’s moves do not ensure price appreciation or indicate overall market sentiment.
Prominent crypto analyst Crypto With Gopal reported that UNI had broken through a descending triangle pattern after months of consolidation. Holding above $7.00 is viewed as critical to validate the breakout. If the momentum holds, price targets of $10 and potentially $14 are being discussed by traders.
A decline below $7.00 could undermine the technical formation and reintroduce the risk of extended consolidation. Trading volume and exchange flows remain important metrics for confirming bullish momentum.
IndicatorCurrent ValueTargets / SupportUNI Price$7.40$7.00 (support) / $10–$14 (targets)Whale Accumulation1.29 million UNIN/AAnalysts emphasize that bullish charts alone are not sufficient; confirmation through rising demand and active participation is crucial for sustained upward movement in UNI. Only a combination of technical and volume-based evidence will strengthen the case for recovery.
Avalanche Payment Volumes Surge with AxiymAvalanche, a leading blockchain platform focused on fast and scalable transactions, reported significantly increased stablecoin payment activity. Payment provider Axiym processed a quarterly record of $529 million in Q3, pushing lifetime stablecoin transactions on Avalanche beyond $2 billion. The past year saw Axiym’s volume climb 4.4 times as businesses adopt stablecoin solutions for settlements and remittances.
Network revenue also increased, crossing $97,348 over seven days as measured by blockchain analytics firm Chainspect, surpassing the $95,000 weekly mark for the first time. This weekly revenue, if sustained, would suggest $5 million in annual network earnings. However, shifting market activity may impact future results.
Stablecoin infrastructure via Axiym has helped Avalanche demonstrate the practical use cases of blockchain technology for corporate payments, but the long-term impact on AVAX price relies on broader adoption and sustained network growth.
Mini dictionary: Axiym is a payment processor specializing in stablecoin transactions, enabling businesses to send and receive blockchain-based payments pegged to fiat currencies such as the US dollar.
MetricCurrent ValuePrevious ValueAxiym Q3 Payments$529 million4.4x less (prior year)Total Avalanche Stablecoin Volume$2 billionN/ANetwork Revenue (weekly)$97,348<$95,000AVAX Price$10.31N/AAVAX Faces Technical Test at $11 ResistanceTechnical analysis by Crypto With Gopal identified a possible double bottom pattern for AVAX, which is trading near $10.31. The $9.70–$9.90 band provides key support, with a move above $11.00 seen as pivotal for a bullish reversal and a target of $12.50.
A double bottom occurs when an asset finds support at the same level twice, forming a “W” shape, and then rises above its resistance to signal a potential trend reversal. If AVAX does not hold above $9.70, however, the likelihood of a bullish move diminishes.
Analysts stress that price targets are projections based on current trends rather than certainties. Continuation of strong payment flows and elevated network revenue will be factors to watch in the coming weeks. Sustained demand and broader network activity will be needed to support higher price levels.
Key technical levels remain in focus for both UNI and AVAX. For UNI, holding the $7.00 support is vital for a potential move toward $10 and beyond. For AVAX, maintaining support above $9.70 and clearing $11.00 are central to any bullish outlook.
Alpenglow, a consensus upgrade first unveiled in May 2025, finally has an activation date, with Solana’s biggest network improvement in history set to go live on October 21st at approximately 14:50 UTC.
What is Alpenglow? What does it change for Solana, and what do I need to do if I hold or stake $SOL?
What is Alpenglow?
Architected by Anza, Alpenglow is a network upgrade designed to replace TowerBFT, the system through which Solana has reached consensus since the chain launched in March 2020. Having completed rehearsal migrations on a community cluster, testnet, and devnet, Alpenglow is scheduled to activate on the Solana mainnet on October 21st.
Alpenglow reimagines how the votes that bring Solana to consensus are processed. Without digging too deep into the technicalities, Alpenglow implementation brings a wealth of critical improvements to the Solana mainnet:
Transaction finality drops from 12.8 seconds to 12ms, an 85x improvement
Voting transactions move off-chain, freeing up block space and reducing validator operating costs
Failure tolerance rises from 33% to 40%, making Solana more resilient against malicious attacks
Perhaps the most eagerly-awaited upgrade history, Solana’s builders and wider community have celebrated the upcoming activation.
While improved transaction finality is a remarkable achievement on its own, Solana’s validator community is thrilled at the prospect of reduced operational costs. Under TowerBFT, validators are required to pay 0.000005 SOL per transaction, or around 1.1 $SOL per day to help the network reach consensus.
Under Alpenglow, these votes are taken off chain. Instead of a per-transaction fee, validators pay 0.8 $SOL per epoch, marking a slight improvement for operators.
I Hold $SOL, What Do You Need to Do?
With Alpenglow expected to go live on mainnet, certain tasks may be required of network contributors like developers and validator operators to ensure a smooth migration.
$SOL Holders and Stakers - No action is required. You do not need to do anything, so ignore any messages from impersonators encouraging you to sign any transactions.
Developers - Alpenglow changes how blocks are produced, streamed, and finalized. For more details, and to confirm whether this may affect your applications, please refer to the migration checklist.
Validator operators - Before epoch 1064, ensure you’re running an agave-based client, on a release built on Agave 4.3. Hold at least 0.8 $SOL in your vote account to pay Alpenglow’s per-epoch fee.
For the 376 validators running Jito BAM, Jito has already communicated that BAM nodes will be temporarily placed into maintenance mode. Jito recommends upgrading to v4.3.0-jito.0 ahead of the migration, but operators should refer to official communications in the lead up to the activation date.
What’s Next for Alpenglow?
Alpenglow activation marks a critical step in a path first laid out publicly in May 2025. After the initial rollout, Anza will continue to work towards future iterations of Alpenglow, which includes replacing Turbine’s multi-layer tree with a single relay hop.
Other future improvements are also slated to reduce the transition time between leaders by starting block production before finalization, and reducing the geographic distance between leaders.
Disclaimer: SolanaFloor is a subsidiary of the Jito Network
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The Alpenglow mainnet upgrade of the Solana blockchain is scheduled for activation on October 21, according to a report by SolanaFloor. This upgrade is expected to significantly improve transaction finality on the network, reducing the time from approximately 12.8 seconds to about 150 milliseconds. The upgrade aims to enhance the system’s resilience and cost efficiency, although it will not alter the existing transaction execution or fee structures. As of October 13, Solana’s market value was observed to be in the range of $107 to $108, reflecting a decline of about 4-5% over the previous 24 hours.
Key Takeaways
The Solana network’s Alpenglow mainnet upgrade is reportedly set for activation on October 21, aiming to enhance transaction speed and network resilience.
Market pricing suggests participants are cautiously optimistic about the upgrade, with potential implications for investor confidence and SOL’s market performance.
Current market probabilities indicate limited expectation for Solana reaching $190 in October, suggesting some market uncertainty ahead of the upgrade.
What to Watch
Observers will be closely monitoring the activation of the Alpenglow upgrade on October 21. A successful implementation without technical issues could bolster confidence in the Solana network, potentially influencing its market value. Market participants will also be attentive to how external factors, such as regulatory developments or broader crypto market movements, might impact Solana’s price trajectory. The probabilities for Solana reaching various price thresholds in October remain a key indicator of market sentiment.
The Solana crypto is once again on investors’ radar as the SOL price has continued to stay near the flatline at around the $108 mark. However, the latest buzz around the crypto is not due to its price movements, but the upcoming Alpenglow upgrade, which is scheduled for October 21.
Blockchain market enthusiasts are eagerly waiting for the upgrade, as it is expected to bring a massive change to the network. So, here we explore the development in detail and see why it matters the most now for Solana crypto.
Solana Alpenglow Upgrade Targets 150ms Finality Solana developer Anza has confirmed that the Alpenglow upgrade will reach mainnet-beta on October 21 at approximately 14:50 UTC. The announcement marks the culmination of 18 months of development focused on improving the blockchain’s consensus mechanism.
Meanwhile, Anza said that the upgrade aims to reduce transaction finality from seconds to approximately 150 milliseconds. SolanaFloor has also highlighted the expected improvement, describing Alpenglow as the network’s most significant consensus upgrade to date.
The targeted finality time represents a major departure from Solana’s existing performance. Current finality reportedly takes around 12.8 seconds, making the proposed improvement approximately 85 times faster.
Source: Anza, X Meanwhile, Alpenglow replaces TowerBFT, the consensus protocol that Solana has used since its launch. Its design combines advances in consensus research with erasure-coded data distribution to accelerate agreement across a geographically distributed network.
The upgrade also introduces Votor, a voting protocol that changes how validators communicate their agreement. Instead of submitting votes as on-chain transactions, validators will exchange messages directly and combine them into certificates.
This approach allows blocks to become final after one or two voting rounds. It also removes voting transactions from the blockchain, potentially freeing valuable blockspace for regular users.
SOL Price in Focus Amid Massive Dump Amid the Solana crypto Alpenglow upgrade buzz, market participants are also keeping close track of the SOL price movements. As of writing, the SOL price was up around 0.3% and exchanged hands at $107.8, while its 24-hour volume rose 52% to $4.07 billion.
However, it’s worth noting that the crypto has lost more than 10.5% over the past seven days amid a broader crypto market selloff. Besides, a Solana treasury firm has sold half of its SOL holdings, weighing on investors’ sentiment.
For context, Lookonchain reported that SkyAI has offloaded 1 million SOL tokens, worth $107 million, recently. On the other hand, the firm still holds another 1 million Solana, which has further sparked discussions about whether the selling pressure will continue to impact the price.
However, a successful rollout of the Alpenglow upgrade could strengthen confidence among developers, application operators, and investors who prioritize network performance. Faster finality may also support new use cases that require near-instant transaction settlement.
Nevertheless, technological progress does not guarantee an immediate SOL price rally. Broader crypto market sentiment, liquidity conditions, Bitcoin’s direction, and actual adoption will continue to influence the token’s performance.
Jupiter’s JUP token has climbed about 51% over the past four weeks. The protocol’s fee revenue has been heading the other way.
That split is the interesting part. The explanation appears to sit in lending, a business Jupiter barely registered in until recently.
The numbers behind the rally Research findings put JUP’s 30-day gain somewhere between 48% and 55%, depending on the measurement window. That leaves the token trading in a range of roughly $0.33 to $0.38 as of October 2026.
The broader crypto market has been soft, with some protocols posting a pullback of around 6% on the week. JUP mostly ignored the weather.
It also ignored Solana. The research describes JUP’s price action as decoupled from SOL, the native token of the blockchain Jupiter runs on.
Jupiter Lend has now passed Kamino Finance to become the largest lending market on Solana. Its active loans and total value locked (TVL) sit between $1.21 billion and $1.41 billion, according to the research. TVL is the total value of assets users have deposited into a protocol, a rough gauge of how much money trusts the platform.
Active loans grew by 14% to 28% over the past month.
Fees tell a different story On the revenue side, the picture is more modest. Jupiter’s recent 30-day protocol fees have been running around $5.5 million.
Compare that with $580 million in fees during 2025, the protocol’s peak. The current monthly pace is a small fraction of last year’s haul.
Jupiter remains the clear leader in aggregation. It holds approximately 95% of the Solana aggregator market, according to the research. Its cumulative aggregator volume has topped $1.2 trillion.
Background: from swaps to loans For most of its life, Jupiter has been known as the place Solana traders go to swap tokens. Its aggregator volume made it one of the most heavily used applications on the chain.
Kamino Finance had held the top spot in Solana lending before Jupiter Lend overtook it. Kamino is still a major player. But losing the top position to a newcomer from the swap business signals how quickly users can migrate when a trusted brand offers a competing product.
What this means For JUP holders, the rally rests on a growth story rather than current earnings. With 30-day fees at around $5.5 million versus $580 million in fees during 2025, the gap between price momentum and fee generation is worth watching.
The key question is whether Jupiter Lend’s rising loan book translates into meaningful protocol revenue. A lending market with over a billion dollars in TVL can generate steady income from borrowing activity.
On the competitive front, Jupiter can promote its lending product to the traders already routing nearly all Solana aggregator volume through its interface. That distribution advantage is difficult for standalone lending protocols to match.
Concentration risk is the flip side. Jupiter already dominates aggregation, and it now leads lending too. More of the Solana DeFi ecosystem now runs through a single team’s products, which raises the stakes if anything goes wrong on the technical or governance side.
Traders should keep an eye on a few signals in the coming weeks. Watch whether Jupiter Lend’s TVL keeps growing or plateaus near the $1.21 billion to $1.41 billion range. Watch whether monthly fees stabilize or keep sliding. And watch whether JUP stays independent of SOL if the broader market weakens further.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Most trading in tokenized stocks on major blockchains now takes place outside regular US market hours, offering an early indication that around-the-clock trading could be one of the biggest advantages of putting equities onchain.
According to Blockworks data cited by The Kobeissi Letter, more than 70% of tokenized stock trading volume on BNB Chain occurs outside the traditional 9:30 am to 4 pm Eastern trading session. The figure is 63% on Solana and nearly 60% on Base.
Meanwhile, Jupiter, a major Solana-based trading platform, reported a 50% month-over-month increase in tokenized asset trading volume.
Source: The Kobeissi Letter
The figures suggest investors use tokenized stocks to trade when traditional US exchanges are closed, rather than simply replicating activity during regular market hours.
The growth comes as tokenized stock values have increased by 15% over the past 30 days to nearly $3.3 billion, according to RWA.xyz data. A significant portion of that value is concentrated among issuers such as Ondo Global Markets, xStocks and bStocks, whose tokens are issued and traded across different blockchains.
Wall Street moves toward onchain stock tradingThe growth in round-the-clock trading comes as US regulators begin opening the door to tokenized equities in traditional markets. Last month, the Securities and Exchange Commission (SEC) introduced an “innovation exemption” allowing qualifying venues to trade tokenized US-listed stocks on public blockchains.
SEC Commissioner Mark Uyeda said participating venues must publish transaction data in US dollars, including trade prices, sizes, timestamps and daily trading volumes. They must also disclose liquidity pool addresses and balances.
Unlike existing tokenized stock products such as xStocks and Ondo Global Markets, which are generally unavailable to US investors, the SEC exemption allows qualifying venues to offer tokenized US equities domestically, provided they preserve shareholder rights and meet trading and disclosure requirements.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Most trading in tokenized stocks on major blockchains now takes place outside regular US market hours, offering an early indication that around-the-clock trading could be one of the biggest advantages of putting equities onchain.
According to Blockworks data cited by The Kobeissi Letter, more than 70% of tokenized stock trading volume on BNB Chain occurs outside the traditional 9:30 am to 4 pm Eastern trading session. The figure is 63% on Solana and nearly 60% on Base.
Meanwhile, Jupiter, a major Solana-based trading platform, reported a 50% month-over-month increase in tokenized asset trading volume.
Source: The Kobeissi Letter
The figures suggest investors use tokenized stocks to trade when traditional US exchanges are closed, rather than simply replicating activity during regular market hours.
The growth comes as tokenized stock values have increased by 15% over the past 30 days to nearly $3.3 billion, according to RWA.xyz data. A significant portion of that value is concentrated among issuers such as Ondo Global Markets, xStocks and bStocks, whose tokens are issued and traded across different blockchains.
Wall Street moves toward onchain stock tradingThe growth in round-the-clock trading comes as US regulators begin opening the door to tokenized equities in traditional markets. Last month, the Securities and Exchange Commission (SEC) introduced an “innovation exemption” allowing qualifying venues to trade tokenized US-listed stocks on public blockchains.
SEC Commissioner Mark Uyeda said participating venues must publish transaction data in US dollars, including trade prices, sizes, timestamps and daily trading volumes. They must also disclose liquidity pool addresses and balances.
Unlike existing tokenized stock products such as xStocks and Ondo Global Markets, which are generally unavailable to US investors, the SEC exemption allows qualifying venues to offer tokenized US equities domestically, provided they preserve shareholder rights and meet trading and disclosure requirements.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Shiba Inu burn activity has slowed significantly over the past 24 hours, with data from Shibburn indicating that just $1 worth of SHIB was removed from circulation. The burn tracker reported that 192,678 SHIB tokens were destroyed during this period, reflecting a subdued burn effort compared to previous days.
Technical interruption and daily burn figuresA brief disruption on the Shibburn tracker temporarily obscured real-time visibility into the burn count, which led users to see a zero-value for the 24-hour burn total. After the issue was resolved, the tracker showed that 192,335 SHIB had been burned in the latest reporting period. Despite data availability returning, the number remained modest, especially when compared to higher-volume burns that have occasionally fueled conversations within the Shiba Inu community.
Following a technical glitch, the Shibburn page resumed operations and revealed a daily burn of 192,335 SHIB, reflecting the ongoing trend of moderate burn activity in the ecosystem.
The latest update also revealed a 14.22% decline in daily burn rates. This further underscores the muted momentum seen in recent days.
Weekly, monthly totals and broader market trendsAcross the past seven days, Shiba Inu saw a cumulative burn of 176.35 million tokens. Looking at the past 30 days, total burns reached 709.44 million SHIB. While these figures demonstrate that burn efforts continue, current daily numbers are relatively small compared to the project’s broader supply reduction targets.
TimeframeTotal SHIB BurnedLast 24 hours192,678Last 7 days176,350,000Last 30 days709,440,000The Shibburn platform, an independent tracker dedicated to recording token burns within the Shiba Inu ecosystem, plays a key role in providing stakeholders with visibility into these activities.
Mini dictionary: Shibburn, a third-party monitoring site, aggregates and reports on all Shiba Inu burn transactions to increase transparency for the SHIB community.
Meanwhile, the broader cryptocurrency market has experienced increased volatility. Liquidations spiked by 143% over the last 24 hours, hitting $759 million in value. Analysts point to intense trading activity, a decrease in open interest, and a series of forced closures as indications that leveraged positions are rapidly unwinding.
SHIB price movement and macroeconomic outlookSHIB experienced a 3.64% drop in value over the last 24 hours, with its price sliding to $0.00000522 following a sharp move lower. The token briefly touched a low of $0.00000502 before staging a minor rebound.
Market participants are now watching for key economic announcements. This week, attention turns to new US inflation data and other economic indicators likely to impact overall crypto sentiment.
September’s annual inflation rate, set for release on Wednesday, is projected at 3.7%, up from 3.4% in August. Core consumer prices, excluding food and energy, are expected to rise to 2.5% from 2.4%. On Thursday, additional figures for September’s producer price index and retail sales will be published.
As traders weigh the latest SHIB developments, shifts in economic data are set to shape broader market dynamics for the remainder of the week.
