Market Signal Briefing

Denelle Dixon, CEO of Stellar, reported that during the third quarter of 2025, they have experienced explosive growth. The Stellar network reported an astonishing 700% quarterly increase in smart contract invocations, accompanied by 37% growth in full-time developers.

This momentum is reinforced by the volume of real-world assets (RWA), which reached $5.4 billion in the quarter, positioning Stellar as the fourth most active blockchain. Dixon stated that the “momentum is measurable and it’s accelerating,” a sentiment backed by key integrations like the launch of PayPal USD (PYUSD) and Circle’s Cross-Chain Transfer Protocol (CCTP) V2 on the network.

The market will now watch how these metrics, driven by the recent Whisk (Protocol 23) update and the new partnership with Pantera Capital, impact the ecosystem. The challenge will be to convert this growing network activity, which surpassed 100 million smart contract transactions in August, into sustained value for the XLM token, which is trading around $0.305.

Source: https://x.com/DenelleDixon/status/1983928186292338723

Disclaimer: Crypto Economy’s Flash News is produced from official and public sources verified by our editorial team. Its purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

flash news

Large Scale Bitcoin Transfer by Strategy Sparks Debate on Treasury Strategy

Strategy, Michael Saylor’s company and the largest corporate holder of Bitcoin, transferred 22,704 BTC valued at $2.45 billion to several new wallets in recent hours,

flash news

Strategy Outlines Plan for Global Credit Expansion and International Market Focus

Strategy (MSTR), Michael Saylor’s company, reported $12 billion in operating income and $8.6 billion in net profit during the first nine months of 2025, reversing

Companies

Riot Platforms Delivers Unexpected Profit as Shares Jump on Record Breaking Revenue

TL;DR Riot Platforms reported $104.5 million in net profit and record revenue of $180.2 million in the third quarter, driven by Bitcoin appreciation and operational

Companies

Saylor Confirms Strategy Focus on Bitcoin Growth Over Rival Acquisitions

TL;DR Michael Saylor stated that Strategy has no immediate M&A plans, citing the uncertainty of such processes. The firm reported a $2.8 billion net income

CryptoCurrency News

ZEC Price Action Diverges from BTC and Nears $400 Level

TL;DR Zcash (ZEC) is trading at $365.23, showing a 24-hour gain of +1.5%, while Bitcoin (BTC) is at $109,519.54 with a -0.39% change over the

Bitcoin News

Bitcoin’s Seven Year October Streak Ends as Investors Brace for November Uncertainty

TL;DR Bitcoin closes October in negative territory for the first time in seven years, ending its well-known “Uptober” trend. Investors remain divided on whether November

Featured

Global Regulators Reassess Crypto Rules as Banks Push for Friendlier Framework

TL;DR The Basel Committee is reviewing its 2022 crypto capital rules for banks. Current standards treat public blockchain stablecoins like riskier crypto assets. New U.S.

Tron News

Tether, TRON and TRM Labs’ Joint Task Force Reports $3B in Frozen Crypto Assets

TL;DR T3 FCU froze $3 billion in illicit crypto, strengthening cross-border cooperation between Tether, TRON, TRM Labs, and enforcement agencies. Tether’s collaboration with 280 global

CryptoCurrency News

Tether Surpasses South Korea and UAE in U.S. Treasury Holdings

TL;DR: Tether’s U.S. Treasury holdings hit $98.5B, exceeding South Korea and UAE. 85% of its $116B reserves are in cash and equivalents. Reflects a growing

Companies

Tether Confirms Full Gold Backing as XAUT Market Value Tops $2.1B

TL;DR Tether reported that its gold-backed token, XAUT, has surpassed $2 billion in market value, driven by rising gold prices and the expansion of real-world

flash news

Byreal launches gold-backed XAUt0-USDT pool with 70% APY

Byreal announced this week on X the launch of its new decentralized liquidity pool pairing XAUt0, a gold-backed token, with USDT. According to the company,

CryptoCurrency News

Tether CEO: “We’re Approaching $15 Billion Profit This Year”

TL;DR: Tether forecasts around $15 billion in profit this year, nearing a $500 billion valuation. The firm is in talks with investors like SoftBank and

Tether now ranks as a top 20 global holder of U.S. debt, a sovereign-scale position that anchors its $10 billion year-to-date profit and cements its systemic role in modern finance.

Summary

Tether reported over $10 billion in year-to-date profit and $135 billion in U.S. Treasuries exposure.
The company issued $17 billion in new USDT in Q3 2025, raising its circulating supply to $174 billion.
Tether’s reserves now exceed $181 billion, with $22.8 billion in gold and Bitcoin and a $6.8 billion surplus buffer.

On Oct. 31, USDT issuer Tether announced its Q3 2025 attestation, revealing a year-to-date net profit eclipsing $10 billion. The report, assured by accounting firm BDO, detailed a record $135 billion in direct and indirect exposure to U.S. Treasuries.

Tether’s massive position places the El Salvador-based company ahead of South Korea as the 17th largest holder of U.S. government debt globally. The quarter also saw over $17 billion in new USDT issued, pushing its total circulating supply to approximately $174 billion.

“Q3 2025 results reflect the continued trust and strength behind Tether, even amid a global challenging macroeconomic environment, reinforcing Tether’s brand as the ‘Stable Company’,” Tether CEO Paolo Ardoino said. “Investors and users alike continue to turn to USD₮ as the most reliable and liquid digital dollar, proving the enduring confidence in Tether’s model.”

Inside Tether’s expanding balance sheet and strategic shifts
Beyond its colossal U.S. Treasury position, Tether has built a significant war chest in alternative assets. The company’s attestation reveals gold and Bitcoin reserves valued at $12.9 billion and $9.9 billion, respectively. Together, this $22.8 billion allocation represents approximately 13% of Tether’s total reserves.

These assets sit alongside a reserve base exceeding $181 billion, with liabilities amounting to $174.4 billion, most of which relate directly to USDT tokens in circulation. The surplus, standing at nearly $6.8 billion, reinforces Tether’s claim of maintaining one of the strongest buffers in the digital asset space.

This financial heft was recently tested and demonstrated in its handling of the Celsius litigation. In October, Tether finalized the settlement using its proprietary investment capital, a crucial distinction that meant the multi-billion-dollar payout did not draw from the reserves backing the USDT tokens in circulation.

Concurrently, Tether is leveraging its profitability to reshape its own corporate structure. The company said it has launched a share buyback initiative, a move typically associated with mature, cash-rich public companies seeking to consolidate ownership and return value.

flash news

Large Scale Bitcoin Transfer by Strategy Sparks Debate on Treasury Strategy

Strategy, Michael Saylor’s company and the largest corporate holder of Bitcoin, transferred 22,704 BTC valued at $2.45 billion to several new wallets in recent hours,

flash news

Strategy Outlines Plan for Global Credit Expansion and International Market Focus

Strategy (MSTR), Michael Saylor’s company, reported $12 billion in operating income and $8.6 billion in net profit during the first nine months of 2025, reversing

flash news

CZ Points to Market Resilience Despite Red Weekend Dips

Binance founder Changpeng “CZ” Zhao highlighted over the weekend that short-term downturns are normal in crypto markets, calling recent price drops “dips along the way,”

flash news

Aster Optimizes S3 Model With Balanced Buyback Burn and Locked Airdrop Return

Aster disclosed today on X an update to its S3 buyback and airdrop structure, introducing a 50/50 allocation split between token burns and locked airdrop

Companies

Riot Platforms Delivers Unexpected Profit as Shares Jump on Record Breaking Revenue

TL;DR Riot Platforms reported $104.5 million in net profit and record revenue of $180.2 million in the third quarter, driven by Bitcoin appreciation and operational

flash news

Ozone Testnet Milestone Achieved as Kite Foundation Unveils Token Insights

The Kite Foundation confirmed today (October 31) in Beijing the completion of its Ozone testnet and the “FLY THE KITE” NFT snapshot, marking a key

TL;DR

The altseason index climbs to 32, indicating renewed risk appetite in liquid assets.
Investors are focusing on key narratives: AI (Bittensor), Privacy (Zcash), and Governance (DeXe).
The three cryptocurrencies show double-digit gains thanks to stable liquidity and sustained demand.

The cryptocurrency market is showing signs of revival. Altcoin participation has notably recovered from last week’s lull, pushing the Altcoin Season Index to 32 points. This movement is significant as it suggests that risk appetite is returning to highly liquid assets.

According to market analysts, this shift is crucial. It indicates that the order books of certain altcoins can once again absorb large-volume purchases. With funding stabilizing and improved execution quality preventing excessive slippage, programmatic strategies are encouraged to re-engage after a period of caution.

AI, Privacy, and Governance: The Narratives Driving Liquidity
Investors are not buying indiscriminately; liquidity is concentrating in networks linked to narratives with visible activity and recurring participation. Currently, the dominant themes are artificial intelligence (AI), privacy, and governance tools.

This pattern explains why Bittensor (TAO), Zcash (ZEC), and DeXe (DEXE) are attracting consistent bids, while many smaller pairs continue to trade within narrow bands.

Bittensor (TAO): Linked to AI, Bittensor (TAO) is trading near $488, a 16% increase in 24 hours. The move aligns with strong spot volume and balanced derivatives positioning, suggesting a sustainable addition of exposure. Market depth remained functional, allowing buyers to scale positions while controlling risk.

Zcash (ZEC): On the privacy front, Zcash (ZEC) is exchanging hands around $385, up 14% on the day. Desk commentary links the advance to a specific privacy-driven bid, with stable two-way flow that has allowed for accumulation without creating disorderly price gaps.

DeXe (DEXE): Finally, DeXe (DEXE) represents the governance theme, trading near $7, up 10% over 24 hours. Trades clustered above yesterday’s range, with spreads tightening, suggesting measured accumulation linked to ongoing engagement around governance and portfolio management tools that attract recurring users.

The Dogecoin price has been experiencing severe volatility and extended periods of sideways trading in recent weeks. However, seasoned analysts suggest that there’s little reason to panic. Beneath the short-term turbulence lies a long-term structure that experts believe could set the stage for a major price breakout. They suggest that the broader technical picture paints a bullish narrative, one that could eventually drive DOGE above $1 once momentum resumes. 

Long-Term Accumulation Signal Dogecoin Price Next Bull Run
According to a technical analysis presented by crypto analyst EtherNasyonal on X social media this week, the Dogecoin price is preparing for a major bull run above $1. He explained that the DOGE’s price action remains within a powerful long-term Ascending Channel, maintaining structural integrity despite ongoing price fluctuations. His analysis of the monthly chart reveals that the meme coin has been establishing a multi-year accumulation base, similar to the patterns formed before its explosive rallies in 2017 and 2021. 

EtherNasyonal highlights that momentum is quietly building above key support levels, indicating that the next expansion phase could be forming. The chart illustrates that Dogecoin, which has been trading within a rising parallel channel since 2014, is currently consolidating around the lower boundary near $0.18. 

Source: Chart from EtherNasyonaL on X
Historically, each time Dogecoin has completed a similar descending pattern within this structure, it has initiated a parabolic move upward. The previous breakout propelled the meme coin by several thousand percent, lifting it from fractions of a cent to all-time highs above $0.70. 

Dogecoin’s current chart setup suggests a repeat of this bullish behavior. A large, rounded base pattern is visible between 2022 and 2024, reflecting steady accumulation and a potentially decreasing selling pressure. EtherNasyonal’s projection targets the upper midline of the Ascending Channel, potentially above $1, if historical patterns play out as expected. 

Dogecoin False Breakdown Hints At Potential Reversal
On shorter timeframes, crypto analyst Trader Tardigrade provides additional context to Dogecoin’s current price action. His 4-hour chart highlights a “false breakout” followed by a “false breakdown.” Dogecoin initially broke above resistance near $0.206 but failed to hold, retracing sharply to retest the lower boundary around $0.178.

This quick reversal pattern, marked by aggressive selling followed by a swift rebound, often precedes a recovery move back toward former resistance levels. Trader Tardigrade’s chart structure indicates that the breakdown beneath the horizontal support level was short-lived, with buyers likely stepping in to absorb liquidity and push prices upward. 

The chart setup suggests that DOGE could soon reclaim the $0.20 – $0.21 region as the next target zone from its current price of $0.18. If the bounce continues and momentum aligns with the broader monthly structure, this could serve as the first leg of a sustained uptrend.

DOGE trading at $0.18 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com

TL;DR

The layer‑1 blockchain token SUI is showing strength as it retests a critical support band near $2.10–$1.80 and draws renewed accumulation interest.
Recent data indicates strong inflows, signaling renewed confidence and potential for a rebound.
Meanwhile its ecosystem continues expanding into DeFi, gaming and NFTs, reinforcing its structural fundamentals for a possible move toward the $20‑mark.

The blockchain token SUI is currently trading near a key support zone and attracting attention from bullish traders who see potential for a major breakout. The token has dipped into a price band between approximately $2.10 and $1.80, a region that previously acted as a springboard for upward moves. The fact that it’s holding this area suggests that support remains intact and accumulation may be underway.

Support Zone Retests And Accumulation Signals
In the past five days, SUI has recorded net inflows totalling tens of millions of dollars, which may reflect renewed interest from institutional or high‑volume participants. The uptick in volume reinforces the idea that the market is treating this dip as an opportunity rather than a breakdown. If liquidity continues to funnel into this support zone, a bounce toward higher levels could gather momentum.

At its current trading range ($2.35 per token, with a market capitalization of $8.53 B), the risk/reward ratio appears compelling for upward movement. While broader market volatility still looms, the setup suggests a positive tilt for the token.

Ecosystem Growth Strengthens Structural Case
Beyond price action, the SUI network is gaining traction across multiple verticals: DeFi protocols, gaming projects and non‑fungible token platforms are increasingly being built on the chain. Its architecture leverages the Move programming language and an object‑centric model offering parallel transaction execution and sub‑second finality. These attributes help it stand out among layer‑1 competitors.

As adoption grows and real usage follows, the token’s utility and value proposition strengthen. For pro‑crypto investors, this combination of technical support at the price level along with ecosystem expansion creates the favorable conditions for a meaningful rally.

That said, it’s important to note that even the most promising setups aren’t immune to macroeconomic shocks or sector‑wide sentiment swings. What remains encouraging here is that SUI is demonstrating both price support and fundamental growth, which are the dual wings needed for a sustained move upward.

If the support zone holds and accumulation continues, a path toward the $20 target becomes more plausible. Traders and long‑term holders alike may be watching closely for the next push.

Bitcoin mining is entering a new era in Japan, where it’s no longer viewed as an energy drain. The transformation is being spearheaded by Canaan (CAN), a forward-thinking initiative that integrates BTC mining into Japan’s renewable energy ecosystem to balance power demand and supply.

This Is How Bitcoin Fits Into National Energy Policy
In an X post, crypto analyst TheGentleTraveler has shed light on a significant and innovative development at the intersection of Bitcoin mining and energy infrastructure. CAN (Canaan Inc.) has announced a 4.5 MW smart BTC mining deployment set to power Japan’s energy grid.

Related Reading: China’s Bitcoin Mining Isn’t Dead — It’s The World’s No. 3 Contributor

According to TheGentleTraveler, CAN has secured a 4.5 MW contract in Japan to deploy its advanced Avalon A1566HA hydro-cooled mining servers for power-grid load balancing and energy-efficiency optimization. The project, which runs in collaboration with a major Japanese utility, will use Canaan’s smart-control chip capable of dynamically adjusting frequency, hashrate, and voltage in real time. This flexibility helps to stabilize the grid amidst rising AI and residential power demand.

The GentleTraveler noted that this initiative reflects Canaan’s expanding strategic role, which combines BTC mining with renewable energy and AI infrastructure. Furthermore, it aligns seamlessly with Japan’s recent crypto-asset regulatory reforms. Canaan CEO Nangeng Zhang emphasized that this technology allows utilities to utilize BTC mining as a digital load balancer. Zhang confirmed that similar deployments have already been launched in the Netherlands, with further expansions planned for 2026.

Despite this groundbreaking news, CAN’s stock is currently down – 7% after the announcement. This short-term dip is attributed to a combination of the general weakness in the broader BTC sector and the At-The-Market (ATM) announced by Canaan last Friday.

How Bitcoin Miners Become Long-Term Investors
A key observer in the Bitcoin landscape, GoMining, has stated that every block mined secures the network and strengthens BTC’s role in the modern economy. GoMining has highlighted several standout developments from the past week that collectively underscore this accelerating trend of institutional and sovereign adoption.

The expert first draws attention to the strategic actions of mining companies in the US, exemplified by American Bitcoin Corp boosting its reserves to 3,865 BTC. According to GoMining, this is proof that miners are not just securing the network; they are becoming long-term institutional holders. Meanwhile, France’s National Assembly has advanced a bill to create a national BTC reserve, a signal that sovereign adoption is moving from concept to policy.

Furthermore, GoMining explains that the public companies now collectively hold over $117 billion in BTC, representing a substantial 38% increase in Q3 alone. Such a surge indicates a growing trend where corporate balance sheets are becoming part of BTC’s security layer. GoMining concluded that every hash is a vote for an open institutional future.

BTC trading at $109,491 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com

David Beckham-backed health science firm Prenetics is doubling down on its Bitcoin strategy with a fresh scoop of 100 BTC tokens.

Summary

Prenetics has added to its Bitcoin treasury holdings with 100 more coins.
The fresh BTC acquisition follows company’s $44 million equity offering.
Latest purchase boosts total holdings to 378 BTC worth about $46 million.

Prenetics, which joined the digital asset treasury race with an aggressive purchase of Bitcoin (BTC) in June 2025, announced the acquisition of the 100 additional BTC on Oct. 31.

The buy follows the Nasdaq-listed company’s $44 million equity raise, an oversubscribed offering that closed on October 28, 2025.

Per details Prenetics shared, the acquisition came at the cost of approximately $109,594 per bitcoin and now sees the company’s holdings increase to 378 BTC.

The cumulative value of these holdings currently sit around $41 million.

Prenetics eyes more BTC buys
The first Bitcoin treasury buy saw the publicly-traded company acquire $20 million worth of the benchmark digital asset.

And leadership says there money to double down on BTC. Together with the equity raise, Prenetics now holds boasts over $127 million in total liquidity. About $86 million of this is in cash and the other in the $41 million in BTC holdings.

Commenting on the strategic capital deployment, chief executive officer Danny Yeung said:

 “This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors. Given our successful capital raise, our balance sheet is now exceptionally strong with $127 million in total liquidity and zero debt, providing us with a substantial runway to execute our growth strategy.”

The company’s IM8 supplement brand, which has hit a growth trajectory milestone with $100 million in annual recurring revenue, remains a key segment for Prenetics. The financial year 2026 revenue guidance sees IM8 hitting revenues of $180-$200 million.

According to Yeung, the focus to expand IM8 is high on the agenda. However, the company’s Bitcoin treasury strategy is also very much part of the long-term strategy to accrue value for shareholders. 

“We now have all the capital we need to maintain IM8’s market leadership while building substantial treasury assets for the future,” Yeung said. 

The Bitcoin treasury strategy will see Prenetics continue to acquire 1 BTC a day as well as strategic larger buys targeted for favorable market conditions. Notably, market players have often used price dips for such accumulation moves.

TL;DR:

Hoskinson proposes Dogecoin 2.0 upgrade to improve scalability and speed.
Integration with X aims to enable microtransactions and broader social media use.
Community collaboration is key to enhancing Dogecoin’s utility and adoption.

Charles Hoskinson, founder of Cardano, has proposed a major upgrade for Dogecoin aimed at integrating the meme cryptocurrency with Elon Musk’s X platform. The overhaul, often referred to as Dogecoin 2.0, seeks to improve network efficiency, scalability, and interoperability while maintaining the coin’s core identity. Hoskinson’s plan highlights a strategic push to align Dogecoin with broader blockchain ecosystems and enhance its potential use in social media transactions.

I'd love to build it. It would be a ton of fun

— Charles Hoskinson (@IOHK_Charles) October 30, 2025

Transforming Dogecoin for the Digital Age
Hoskinson emphasizes enhanced scalability and speed. The proposed upgrade would modernize Dogecoin’s infrastructure, allowing for faster transaction processing and higher throughput. By addressing current limitations, Dogecoin could handle a significantly larger volume of transactions, paving the way for broader adoption across platforms like X. This move also reflects growing interest in utilizing meme coins for functional digital payments rather than purely speculative investments.

Integration with X represents a new frontier. With Elon Musk envisioning Dogecoin as a potential native currency for tipping, microtransactions, and other social media activities, the upgrade aims to seamlessly connect the blockchain with the platform. Hoskinson’s proposal includes improved smart contract compatibility and interoperability with other cryptocurrencies, providing a flexible infrastructure that could attract developers and institutional support.

Community engagement and developer support are central. Hoskinson has called on the Dogecoin developer community to collaborate on coding improvements and refine the network’s protocols. By fostering collective input, the initiative hopes to maintain Dogecoin’s decentralized ethos while achieving technical advancements necessary for integration with high-traffic platforms. Early discussions suggest that developer buy-in will be crucial to the project’s success and long-term sustainability.

Potential implications for adoption and market value are significant. If implemented successfully, Dogecoin 2.0 could enhance the coin’s utility, credibility, and transactional relevance, potentially attracting more mainstream users and investors. Hoskinson’s vision underscores the evolving role of meme cryptocurrencies as functional digital assets and highlights the importance of strategic upgrades in ensuring relevance within the rapidly changing blockchain landscape.

Key NotesPeter Schiff slammed Strategy for releasing a Q3 earnings report that is Bitcoin-dependent.Strategy currently holds 640,808 Bitcoin, purchased at $47.44 billion.Saylor recently clarified that Strategy is not buying or merging with any Bitcoin treasury firm.
From speaking directly against flagship cryptocurrency Bitcoin

BTC
$110 472

24h volatility:
2.7%

Market cap:
$2.20 T

Vol. 24h:
$65.23 B

, Peter Schiff has now shifted his focus to the companies that hold the coin.

The top gold advocate was seen on X, speaking against Strategy’s reliance on Bitcoin price breakout. This comes shortly after Strategy released its Q3 earnings report, which showed that its stock spiked by 6.7%.

Strategy’s Q3 Earnings Report Is “Fraud”
Peter Schiff has labelled Strategy’s Q3 earnings report as “fraud,” claiming that the $2.8 billion in net income and diluted earnings per share of $8.42 quoted by the firm reflects unrealized profits from Bitcoin.

In other words, Schiff accused the Michael Saylor-led firm of not genuinely stating its earnings.

$MSTR is up 6.7% because the company reported better-than-expected "earnings." But the entire report is a fraud. The so-called earnings merely reflect Bitcoin appreciation. Saylor's 2025 full-year guidance merely reflects his claim that Bitcoin will soar between now and year-end.

— Peter Schiff (@PeterSchiff) October 31, 2025

It is no longer news that Strategy, formerly called MicroStrategy Inc., has expanded its scope from being a business intelligence and software firm to now holding the largest corporate Bitcoin bag.

After acquiring 390 BTC for approximately $43.4 million between October 20 and October 26, 2025, its entire holdings have increased to a total of 640,808 BTC.

The aggregate purchase price for this massive stash is $47.44 billion, with its average cost basis across all holdings standing at $74,032 per Bitcoin.

The company’s chairman, Michael Saylor, confirmed that Strategy has achieved a BTC yield of 26.0% Year-to-date (YTD).

However, Schiff thinks that “Saylor’s 2025 full-year guidance merely reflects his claim that Bitcoin will soar between now and year-end.”

Strategy Pushes for Solo Global Dominance
Amid this projection, Peter Schiff chooses to view Strategy’s reliance on the flagship cryptocurrency, the Bitcoin treasury firm, remains unaffected.

It is rather focused on acquiring more Bitcoin and establishing itself as the largest corporate holder in the world.

During its third-quarter earnings call, Strategy’s Chairman clarified that the company has no interest in purchasing other Bitcoin treasury firms.

He pointed out how Mergers and Acquisitions (M&A) are usually slow, in addition to the uncertainty and hidden risks that come with them. Ultimately, it argued that these features make such an idea unattractive for Strategy.

Saylor noted that the firm’s focus is currently on issuing digital credit, strengthening its balance sheet, and buying more Bitcoin.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

Bitcoin Cash price has staged a significant rebound over the past few days, pushing the BCH token back into a short-term uptrend. The recovery comes after the Bitcoin Cash price plunged to a low of around $455 on October 17, a level that marked the end of a month-long consolidation phase.

Filecoin Rises Over 4%, Rebounding From Thursday's DropFIL has support at the $1.48 level and resistance at $1.52. Oct 31, 2025, 3:42 p.m.

FIL$1.4990 posted a 4.3% gain over the last 24 hours, amidst a rally in wider crypto markets, bouncing from yesterday's big declines.

The broader market gauge, the CoinDesk 20 index, was 2.5% higher at publication time.

The decentralized storage token traded from a low of $1.40 to highs near $1.52, as traders tested critical support and resistance levels within an ascending channel structure, according to CoinDesk Research's technical analysis model.

The model showed a key development hit at Oct. 30 17:00 when volume spiked to 5.46 million tokens. This was 98% above the 24-hour moving average.

The surge coincided with a decisive low at $1.41, according to the model. Critical support held firm on subsequent retests. Each recovery wave showed increasing buying interest on declining volume. This suggests institutional accumulation above the $1.41 zone.

Technical Analysis:

Critical support established at $1.41 with secondary support at $1.48; resistance emerging near $1.52 with potential extension to previous highsHigh-volume accumulation pattern at $1.41 support with 98% surge above average; declining volume on subsequent rallies suggested controlled institutional buyingAscending channel structure intact with higher lows pattern; $1.516 ceiling test successful with measured retreatUpside target at $1.52 resistance zone; risk management below $1.41 support with stop-loss considerations around $1.38 for aggressive positionsDisclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

OwlTing: Stablecoin Infrastructure for the Future

Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.

View Full Report

More For You

Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat

Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.

What to know:

Coinbase beat third-quarter estimates with strong transaction and subscription revenue, but analysts are split on whether that momentum can be sustained.Bulls point to growth in B2B crypto payments, key partnerships and regulatory tailwinds, while bears worry about rising costs and margin pressure.Analyst price targets range from $266 to $510, reflecting sharp disagreement over Coinbase’s ability to turn short-term gains into long-term profitability.Read full story

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Buyers are more powerful than sellers on the last day of the month, according to CoinStats.

Top coins by CoinStatsBTC/USDBitcoin (BTC) is one of the biggest gainers today, rising by 2%.

Image by TradingViewOn the hourly chart, the rate of BTC has broken the local resistance of $110,463. If buyers can hold the initiative and the daily bar closes above that mark, the upward move is likely to continue to the $112,000 zone.

Image by TradingViewOn the longer time frame, the price of the main crypto is far from the key levels. The volume is low, which means traders are unlikely to witness sharp moves soon. 

You Might Also Like

In this case, sideways trading in the zone of $110,000-$112,000 is the most likely scenario.

Image by TradingViewFrom the midterm point of view, the situation is similar. The rate is in the middle of a wide channel against the declining volume. In this regard, ongoing consolidation around the current prices is the most likely scenario.

Bitcoin is trading at $110,642 at press time.

The company also holds nearly $13 billion in precious metals and $10 billion in Bitcoin as exposure to US Treasuries hit $135 billion.

Smart money and MFI metrics show retail traders still bullish on the HBAR price.Whales have exited 110 million HBAR, worth at least $20.9 million, in less than two weeks.Hidden bearish divergence suggests a deeper dip if $0.168 fails to hold as support.Hedera (HBAR) has gained more than 14% this week, recovering from its recent slump. Yet, despite this short-term bounce, the HBAR price remains down nearly 9% for the month, a clear downtrend.

The mixed signals across indicators are now raising a bigger question: Are whales hinting at a hidden crash that smart money and retail traders are ignoring?

Sponsored

Smart Money and Retail Stay Bullish Despite Warning SignsThe Smart Money Index (SMI), which tracks the moves of experienced HBAR traders, has been climbing since October 26, making higher highs and moving above its signal line. This typically indicates that informed traders expect a rebound or believe the worst is behind them. Even after a brief pullback, the SMI remains near 1.08, maintaining a cautiously bullish short-term outlook.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Smart Money Still Leans Bullish: TradingViewIf the index stays above that mark, the bias remains positive. A drop below 1.08, however, could flip the sentiment quickly.

Retail traders also seem optimistic. Maybe a bit more than Smart Money. The Money Flow Index (MFI) — a measure of buying and selling pressure using both price and volume — has surged from near 35 to 69.4 over two weeks. This sharp rise signals fresh inflows and rising retail interest, a typical sign that smaller traders are buying dips in anticipation of a rebound.

Sponsored

HBAR Retail Is Continuing To Move Money: TradingViewIn short, smart money and retail still see potential upside in the HBAR price. But that confidence might not have the legs, because whales are quietly exiting.

Whales Are Exiting While Smart Money Bets on a ReboundWhile smaller HBAR traders and institutional signals appear bullish, large wallet holders tell a different story. Data shows that 100 million+ HBAR accounts have dropped from 41.75% of the total supply to 40.65% since October 21 — meaning roughly 1.1% of holdings among these whales have exited in less than two weeks.

Sponsored

Hedera Whales Dumping: Hedera WatchThat’s a minimum of 110 million HBAR moving out of large wallets. At the current price, this represents at least $20.9 million in value that’s left whales’ hands. This is a notable shift during a period when smaller traders are turning bullish.

It’s a classic split: smart money and retail think the bottom is in, but whales seem to be preparing for another leg down. If whales are indeed front-running a correction, the charts should start showing early signs — and they already do.

Sponsored

On the daily chart, the HBAR price has been trading inside a tight range between $0.219 and $0.154 since October 11, showing indecision between buyers and sellers. Possibly the traders and whales.

Between October 6 and October 29, the price made a lower high, while the Relative Strength Index (RSI) — which tracks price momentum — made a higher high. This pattern is hidden bearish divergence. A setup that often signals the continuation of an existing downtrend. In HBAR’s case, that could lead to a correction if key levels break.

Currently, the HBAR price holds above $0.189, but losing that support could trigger a slide toward $0.168. If selling continues, the next major support lies near $0.154, and below that, the token could fall to $0.119.

HBAR Price Analysis: TradingViewA move below $0.168 would confirm a bearish continuation. Holding above it might allow short-term consolidation. For now, the odds lean toward a deeper HBAR price pullback. That could happen unless new buying volume comes in to offset the ongoing whale exits.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Altcoin participation has widened from last week's lull, with the Altcoin Season Index rising to 32, and that shift matters because it suggests risk is re-entering liquid names where order books can absorb size, funding is stabilizing, and execution quality allows larger tickets without excessive slippage, which together encourage programmatic re-engagement after a cautious stretch.

Set against recurring billion-dollar ETF inflows, Asia’s mid-caps are starting to look like the next structural bid for bitcoin’s free float.

Japan’s Metaplanet has surpassed 30,00 BTC on its balance sheet, and Korea’s Bitplanet initiated a supervised, rules-based accumulation program.

What began as isolated treasury experiments, such as Nexon’s 2021 purchase and Meitu’s short-lived holdings, has shifted into programmatic accumulation.

Metaplanet transformed from a hotel operator into a Bitcoin treasury company, publishing monthly purchase notices and raising capital explicitly to buy more BTC.

Bitplanet rebranded from SGA Solutions and launched Korea’s first regulated corporate bitcoin buy program, targeting 10,000 BTC through daily purchases.

In parallel, smaller public companies are attempting to elevate their place into the mid-cap space. Thailand’s DV8 completed its first step in a crypto-treasury pivot with a 99.9 % warrant execution, raising CA$7.4 million.

Meanwhile, companies such as AsiaStrategy and HK Asia Holdings have repositioned themselves as listed vehicles for corporate Bitcoin exposure in Hong Kong.

AsiaStrategy, formerly a luxury retailer known as Top Win International, now allocates a portion of its treasury to Bitcoin and accepts BTC for product sales. It currently holds approximately 30 BTC on its balance sheet and aims to reach $1 billion in Bitcoin.

HK Asia Holdings has similarly transitioned toward a Bitcoin-denominated treasury model, disclosing purchases totaling about 28.9 BTC earlier this year as part of a broader digital-asset strategy aligned with Sora Ventures’ “MicroStrategy for Asia” framework.

The question isn’t whether corporates will add Bitcoin, but whether Asia’s mid-caps can absorb enough new supply to tighten float alongside ETF demand meaningfully.

If this cohort maintains this year’s pace, their net purchases can match or exceed meaningful chunks of miner issuance, layering another structural bid on top of spot ETF flows.

The Asia cohort: who’s buyingJapan dominates the Asian cohort. Metaplanet transitioned from hotels to a Bitcoin treasury in December 2024 and continued to accelerate through 2025, with frequent announcements of purchases. By Feb. 20, the company held around 2,100 BTC. By Sept. 30, that figure reached 30,823 BTC, placing Metaplanet fourth globally among corporate holders, according to Bitcoin Treasuries data.

The company’s “Phase II: Bitcoin Platform” deck outlines a multi-year capital-raising strategy geared to continued accumulation.

Metaplanet’s US income subsidiary and monthly purchase notices demonstrate programmatic execution rather than opportunistic buys.

Nexon, the Tokyo-listed gaming giant, acquired 1,717 BTC on Apr. 28, 2021, at an average cost of $58,226 per BTC. Coverage at the time established the purchase as treasury diversification.

Nexon has maintained this position since, providing a steady baseline in Japan’s corporate sector.

Korea entered the picture in late 2025. Bitplanet, formerly SGA Solutions, announced the first regulated corporate Bitcoin buy of approximately 93 BTC on Oct. 26-27, under Korea’s supervised infrastructure.

The company publicly targets 10,000 BTC through a rules-based daily purchase program. While awaiting a DART filing for Tier A confidence, company-aligned press and wire coverage establish the program’s existence and scale.

Hong Kong’s Meitu serves as the counterexample. The beauty-app company bought BTC and ETH in 2021 but fully disposed of both by Dec. 4, 2024, according to company announcements.

Meitu’s exit stresses the difference between early experiments and sustained treasury programs.

Liquidity math: supply absorptionMetaplanet’s 2025 net additions alone total 28,723 BTC, which is the difference between 30,823 BTC in September and 2,100 BTC in February. At the post-halving issuance rate of about 450 BTC per day, that single company absorbed approximately 64 days of new supply.

Through Oct. 30, Metaplanet’s adds represent roughly 20% of year-to-date issuance, which sits around 136,000 BTC for the period. That’s before counting Bitplanet’s ramp toward 10,000 BTC or any other Asia mid-caps that may announce programs.

Exchange-traded funds (ETFs) demand provides the comparative context. CoinShares’ weekly ETP flow reports show $3.55 billion in inflows for the week ending Oct. 4, and $921 million for the week ending Oct. 27.

At Bitcoin prices during those periods, weekly inflows converted to tens of thousands of BTC. The week ending Oct. 4 alone could represent roughly 29,600 BTC, depending on execution prices.

Metaplanet’s 28,700 BTC year-to-date sits in the same order of magnitude as a single strong ETF week, but with one critical difference: corporate treasury programs are persistent and rules-based, not sentiment-driven.

The float-tightening effect compounds when layered with corporate buys on top of ETF demand. Issuance of 450 BTC per day equals 13,500 BTC per month.

If Metaplanet’s pace of roughly 3,500 BTC per month on average over the February-September window holds, and Bitplanet scales toward its 10,000 BTC target over 12-18 months, the Asia cohort could absorb 20-30% of the monthly issuance before accounting for any US mid-caps that follow post-policy clarity.

That doesn’t remove coins from circulation permanently, but it does shift them from miners’ operational wallets to corporate treasuries with multi-year hold horizons.

The share of circulating supply held by Asian corporates grew from near zero in early 2023 to roughly 0.2% by late 2025, trailing ETFs and miner inventories.Risks: accounting, custody, and governanceAccounting and audit verification vary widely. Metaplanet publishes frequent notices but doesn’t fully disclose cost basis or custody arrangements in public filings.

Nexon’s 2021 purchase came with a disclosed average cost, but subsequent updates are sparse.

Bitplanet’s program operates under Korea’s supervised framework, but complete DART filings haven’t yet surfaced publicly.

Investors relying on these disclosures face information asymmetry regarding wallet attestation, custody counterparties, and the exact execution of purchases.

Governance concentration is real. Metaplanet’s pivot to a bitcoin treasury represents a founder-led strategic bet, not a consensus of the board.

If leadership changes or shareholder pressure intensifies, the program could be reversed.

Meitu’s 2024 disposal demonstrates that corporate holders can exit as quickly as they entered, particularly when crypto becomes a governance liability rather than an asset.

Custody risk differs by jurisdiction. Japan’s regulatory framework for digital asset custody is maturing, but it remains less established than that of US qualified custodians.

Korea’s supervised infrastructure for Bitplanet adds oversight but also introduces regulatory dependency. If Korea’s crypto policy shifts, Bitplanet’s program could face interruption.

Policy shocks remain the wildcard. A US regulatory crackdown on corporate Bitcoin holdings, although unlikely, could have a ripple effect across Asia-listed companies with US investor bases.

Changes in tax treatment in Japan or Korea could alter the economics of treasury accumulation. Accounting standard shifts that force mark-to-market treatment rather than impairment-only could deter CFOs from adding volatile assets to balance sheets.

Going into 2026, tracking Metaplanet’s capital-raising execution against its “Phase II” targets will be something analysts will likely keep an eye on.

The company’s model depends on continuous access to equity or debt markets to fund purchases.If capital becomes expensive or markets close, the pace of accumulation slows. Monthly “additional purchase” notices provide a real-time read on program momentum.

Bitplanet’s DART filings will confirm whether the 10,000 BTC target is board-approved and funded, or aspirational.

Watching for disclosure of actual daily buy volumes and any changes to the rules-based program structure will also be a key topic to observe. Korea’s supervised framework means regulatory updates could accelerate or constrain the program.

Comparing the cohort’s monthly net adds to ETF inflows and the 450 BTC per day issuance band comes next.

If Asia mid-caps collectively add 5,000-10,000 BTC per month in 2026, that’s 11-22% of new supply, which would have a material tightening effect when stacked against ETF demand.

If the pace slows or other corporates exit, as seen with Meitu, the thesis weakens.

US mid-caps post-policy clarity represent the next frontier.If the SEC provides clearer accounting treatment or custody guidance, a cohort of $500 million to $5 billion market-cap US companies could follow Metaplanet’s playbook.

That would shift the narrative from “Asia’s mid-caps” to “global corporate treasuries 2.0,” with implications for float tightness that dwarf current levels.

The strategic question is whether corporate treasury programs become a permanent structural bid or a cycle-specific phenomenon.

Metaplanet and Bitplanet are testing whether mid-caps can execute MicroStrategy’s model at a smaller scale with board discipline and transparent disclosure.

If they succeed, the next halving in 2028 will face not just ETF demand and reduced issuance, but a global cohort of corporate treasuries that will programmatically absorb new supply.

If they stumble in process, such as governance reversals, custody failures, or policy shocks, the thesis that corporates can meaningfully tighten float dissolves, and bitcoin’s price discovery reverts to ETF flows and retail speculation.

What’s at stake is whether corporate balance sheets become a third pillar of bitcoin demand structure, or remain a niche strategy confined to a handful of conviction-driven management teams.

Mentioned in this article

XRP is set to print a crucially watched signal on the BTC chart in the coming days that might determine whether short term-price action might be favorable for bulls or bears.

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

XRP is set to print a watched signal on the Bitcoin chart as the moving averages are expected to make a convergence in a matter of days.

The 50-day MA and the 200-day MA on the XRP/BTC pair are drawing closer and might converge in the days ahead.  If the 50-day MA crosses above the 200-day MA, a golden cross might occur, and a death cross might occur otherwise.

XRP/BTC Daily Chart, Courtesy: TradingViewThe 50-day MA looks turned down on the XRP/Bitcoin chart, raising the chances of a death cross, which is a bearish indication.

XRP has remained in consolidation in its Bitcoin pairing since Oct. 10's flash crash, currently at 0.00002275. A death cross or golden cross might hint at direction in the short term. A death cross might precede a bottom in the XRP/BTC chart, while a golden cross might kickstart bullish momentum.

XRP newsAccording to crypto reporter Eleanor Terrett, Canary Funds has filed an updated S-1 for its $XRP spot ETF, removing the "delaying amendment" that stops a registration from being auto-effective and gives the SEC control over timing. This sets Canary’s XRP ETF up for a launch date of Nov. 13, assuming the Nasdaq greenlights the 8-A filing.

Webull, an online investment platform, has announced the expansion of its crypto futures offering through an ongoing partnership with Coinbase Derivatives. Through the move, Webull users in the U.S. will be able to trade futures contracts for Nano XRP and XRP, among other cryptocurrencies.

In other news, XRP enthusiast Bill Morgan stated that a recent filing with the SEC reveals the newest XRP corporate holder, which is Virtu Financial. In addition to Bitcoin and Ethereum, Virtu Financial holds a substantial amount of XRP on its balance sheet.

Related articles

The Birth of Bitcoin: A Revolution Written in Nine PagesOn October 31, 2008, an anonymous individual — or group — known as Satoshi Nakamoto released a nine-page paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This whitepaper was sent to a small cryptography mailing list, outlining the foundations of what would become the world’s first decentralized digital currency.

The document proposed a radical idea: a trustless, borderless currency that removes the need for intermediaries like banks. By combining proof-of-work, public key cryptography, and distributed ledger technology, Satoshi solved the long-standing “double-spending problem” — ensuring that digital money could not be duplicated or counterfeited.

Within months, the first $Bitcoin block — the Genesis Block — was mined on January 3, 2009. Embedded in it was a message referencing a Times headline:

“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”

It was a symbolic statement — Bitcoin wasn’t just technology; it was a protest against financial centralization.

Bitcoin Every Halloween: From $0.20 to $110,000Seventeen years later, Bitcoin has become a financial giant — adopted by institutions, countries, and millions of investors worldwide. Each Halloween tells a chapter of Bitcoin’s extraordinary journey from obscurity to global dominance.

YearHalloween Price (USD)2010$0.202011$3.272012$112013$2012014$3372015$3122016$6992017$6,3692018$6,3322019$9,1722020$13,5372021$61,8372022$20,6242023$34,4942024$72,2502025$110,000From less than the price of a candy bar in 2010 to six figures in 2025, Bitcoin’s Halloween history shows the staggering growth of a once-dismissed experiment. Despite volatility, crashes, and global skepticism, Bitcoin has remained the best-performing asset of the decade.

BTC/USD price since creation - TradingView

The Legacy of Satoshi NakamotoSatoshi’s identity remains one of the greatest mysteries in modern history. Yet their creation has reshaped finance, politics, and technology — birthing the trillion-dollar crypto economy we know today. The whitepaper didn’t just describe a system; it sparked a movement for monetary freedom.

On this Halloween, as the world celebrates costumes and candy, crypto enthusiasts celebrate the anniversary of a revolution — one that began with an email, a PDF, and a dream of financial independence.

Journalist

Posted: October 31, 2025

Key Takeaways
Why hasn’t Chainlink’s price dropped despite large whale inflows to Coinbase?
Because accumulation continues within the $16.40–$18.77 range, showing buyers absorbing whale-driven selling pressure.

What do falling Exchange Reserves and bullish futures positioning indicate for LINK’s trend?
They reveal growing investor confidence and potential for an upside breakout as supply tightens.

Chainlink’s [LINK]  market activity presents an interesting divergence; large whale inflows to exchanges, typically viewed as bearish, have not weakened its price structure. 

The recent $25.6 million transfer to Coinbase sparked fears of potential sell pressure. Yet, LINK continues to hold firm within its consolidation channel, defending the $16.40 support level with notable resilience. 

This ability to absorb whale-driven selling pressure demonstrates underlying strength in the market and reinforces growing investor confidence.

Chainlink’s consolidation reflects quiet accumulation, not distribution
Chainlink’s consolidation phase between $16.40 and $18.77 shows a maturing structure rather than weakness. 

Despite recent whale inflows to Coinbase, LINK has maintained consistent price stability, demonstrating that selling pressure is being absorbed by accumulation. 

At press time, the RSI was hovering near 42. This reinforces that the token is neither in oversold nor overbought territory, signaling balance in market momentum. 

Moreover, repeated rebounds from the lower boundary confirm that traders are actively defending support. 

This type of price action, where volatility contracts after heavy selling, often precedes a breakout. Hence, LINK’s sideways range signals steady accumulation and strong confidence among holders.

Source: TradingView

Exchange Reserves fall 6.38% as outflows offset whale transfers
Chainlink’s Exchange Reserves have declined by 6.38% to $2.52 billion, at press time, suggesting fewer tokens remain available for immediate selling. 

This drop indicates that, despite visible whale inflows, a larger portion of LINK continues to move off exchanges into private wallets. 

Such withdrawals reflect conviction among investors anticipating higher future prices rather than short-term trading gains. 

Historically, declining reserves correlate with reduced market supply, cushioning prices against potential dumps. 

The fact that reserves are falling amid inflow activity implies deeper accumulation taking place in the background. 

This trend highlights that LINK’s investor base remains fundamentally confident despite temporary volatility.

Derivatives traders position for upside as bullish sentiment strengthens
Chainlink’s derivatives market behavior offers a contrasting perspective to spot trends. The Futures Taker CVD shows a clear buy-side dominance, signaling that leveraged traders are building long positions in anticipation of a breakout. 

This development suggests that institutional traders and experienced participants are expecting LINK’s consolidation to transition into a bullish expansion. 

The increasing Open Interest in Futures further indicates speculative conviction toward upside potential. 

Moreover, reduced short liquidations hint that bearish traders are retreating. This combination of factors reinforces the view that derivatives traders foresee a reversal, positioning early for potential gains as LINK regains momentum.

Are whales losing control as Chainlink builds momentum?
Chainlink’s recent performance suggests that the broader market is neutralizing whale-led volatility through accumulation and strategic positioning. 

The steady defense of $16.40 support, combined with falling reserves and bullish futures activity, signals emerging strength. 

While large transfers to Coinbase often trigger fear, LINK’s stability implies a market growing increasingly resistant to sell pressure. 

If momentum continues building above $17, a clean breakout beyond $18.77 could confirm the beginning of a new bullish phase for Chainlink.

The deal marks Marathon Digital’s strategic expansion into AI and data services, raising debate about French technology and energy sovereignty.

Key Takeaways

Investigative journalists uncovered a hidden clause in the sale agreement between Électricité de France and MARA.
The deal would restrict the state energy giant's ability to engage in any high-performance computing activity for two years.

Bitcoin mining giant MARA Holdings announced in August it had acquired a 64% stake in Exaion, a subsidiary of Electricité de France (EDF), in a deal valued at approximately $168 million. The deal is part of MARA’s strategy to expand into artificial intelligence (AI) and high-performance computing (HPC) infrastructure.

According to an investigation by The Big Whale’s Gregory Raymond and Raphaël Bloch issued on Friday, if the deal goes through, EDF will be barred from engaging in any HPC activity for two years.

The restriction reportedly covers not only Bitcoin mining but also AI computing, cloud services, and even the supply of energy or support for HPC companies, potentially including France’s own AI flagship, Mistral AI.

Disclaimer

Jessie A Ellis
Oct 31, 2025 15:11

Ethereum's price is under pressure after failing to surpass the $4,200 resistance level, indicating potential bearish trends as it approaches key support levels.

Ethereum (ETH) is currently experiencing significant bearish pressure following a rejection from the crucial $4,200 resistance level. This key technical barrier has historically served as a pivot point for bullish momentum, according to CoinMarketCap. However, the recent failure to reclaim this zone has shifted market sentiment towards a more bearish outlook.

Key Support Levels in Focus
With Ethereum unable to overcome the $4,200 mark, the cryptocurrency is now trending towards critical support levels. Analysts have identified the $3,437 support level as a significant target amid ongoing liquidity sweeps. The current market dynamics suggest that Ethereum might establish a trading range between $3,437 and $4,200 before any potential price expansion occurs.

Market Dynamics and Sentiment
The market's reaction to Ethereum's price movement reflects a weakening technical structure. The rejection from the resistance level indicates a short-term bearish trend, which could potentially lead to further declines if the support levels fail to hold. The broader sentiment in the crypto market remains cautious as traders watch for signs of either a rebound or continued downward pressure.

Implications for Traders
Traders and investors are advised to closely monitor Ethereum's price action in the coming days. The establishment of a stable trading range could provide opportunities for strategic entry and exit points. However, the potential for further declines remains a risk, particularly if the broader market sentiment continues to deteriorate.

For more detailed analysis, visit the original article on CoinMarketCap.

Image source: Shutterstock

ethereum
cryptocurrency
price analysis

Published
22 minutes ago on
October 31, 2025

Binance.US has denied claims that its USD1 listing was a form of payback for President Trump’s pardon of Binance founder and former CEO Changpeng Zhao. 

The platform stated that the stablecoin, issued by the Trump family-linked World Liberty Financial, was approved through its ordinary course of business. 

Binance.US Denies US Senator’s Claims Binance.US has pushed back against a US Senator’s claims, defending its decision to list the Trump family-linked USD1 stablecoin. Democratic Senator Chris Murphy alleged in a social media post that the USD1 listing was a form of payback following President Trump’s pardon of Binance founder Changpeng Zhao. Senator Murphy stated in a post on X, 

“One week after Trump pardoned Binance’s owner (for a stunning array of crimes related to terrorist and sex predator financing), Binance starts promoting Trump crypto. The White House is a full-time, 24/7 corruption machine.”

Binance Issues Denial Binance.US vehemently denied the allegations, stating that the USD1 stablecoin and WLFI token are listed on over 20 cryptocurrency exchanges in the US, including Kraken, Coinbase, and Robinhood. The exchange added that USD1 and WLFI had been approved by the platform’s listing committee through regular listing procedures. The exchange stated in its denial, 

“We conduct comprehensive due diligence and legal review before listing any asset on Binance.US, whether it’s a stablecoin, a new ecosystem project, or a meme token. Not only are USD1 and WLFI already listed on 20+ major exchanges, but these assets have both been approved for some time by our listing committee in its ordinary course of business. To be clear, this was a business decision and nothing more. It’s unfortunate that even routine business decisions are now unfairly politicized by our elected officials.”

President Trump’s Crypto Connections Under Scrutiny Political opponents and critics have condemned US President Donald Trump and his family’s connections with cryptocurrency through World Liberty Financial, citing ethical and financial conflicts of interest as Trump actively promoted crypto projects linked to him and the company. Zhao’s pardon was also heavily criticized, with Representative Maxine Waters calling it a result of months of lobbying and funneling billions into World Liberty Financial. 

“Trump is doing massive favors for crypto criminals who have helped line his pockets.”

Zhao was found guilty of failing to implement an effective anti-money laundering program and reaching a settlement with the US government. Binance itself pleaded guilty to criminal charges and paid $4.3 billion in fines. Meanwhile, Zhao personally paid $50 million in fines and was sentenced to four months in prison. Zhao thanked President Trump following his pardon, stating, 

“Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice. Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice