Track market-moving stories before they get noisy

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.

This site is protected by reCAPTCHA.

Miami, FL, United States, October 11th, 2026, Chainwire

EXIT HOUSE has launched on Ethereum mainnet, letting people permanently exit Ethereum NFTs and ERC-20 tokens they no longer want in return for EXIT, its new ERC-20 token. Holders exit an eligible asset from their own wallet at https://exit.house, and the EXIT reward arrives in the same transaction.

The protocol went live on Oct. 9 at 18:27 UTC, opening a 30-day Launch Month. Until Nov. 8 at 18:27 UTC (1:27 p.m. EST), each exit pays 1,000 EXIT for every $1 of the asset’s qualifying value. After that, the rate is 100 EXIT per $1. Exiting an NFT valued at $250, for example, pays 250,000 EXIT during the Launch Month.

Many NFTs and tokens sit in wallets with thin markets and little chance of recovering their past highs. EXIT HOUSE offers a way out: the asset is retired on-chain for good, and its holder receives a predictable amount of EXIT based on its market value.

Each exit follows the same steps. The holder connects any Ethereum wallet, with no account needed, and chooses an eligible NFT or an amount of an eligible token. EXIT HOUSE’s pricing service then signs a quote that fixes the asset’s value, the reward rate and the exact EXIT reward. The quote is bound to the holder’s wallet and the asset, and it expires within minutes.

The holder approves the asset and exits it, paying the exit fee in ETH. Within the exit transaction, the ExitRouter contract checks the quote and the limits, the asset is burned or sent to 0x…dEaD, an address no one controls, and the reward is paid. If any check fails, nothing happens. EXIT HOUSE never holds the asset, and an exit can’t be undone.

“Not everything is meant to be held forever,” said Anthony Anger, founder of EXIT HOUSE. “Most of us hold NFTs and tokens we gave up on long ago. EXIT HOUSE gives them a clean exit: you see the value and your exact reward before you sign, the limits are enforced on-chain, and the asset is retired for good.”

NFTs can exit from any ERC-721 or ERC-1155 collection that was live on OpenSea before Oct. 1, 2026, and has had at least five sales in the past 30 days. Each NFT follows its collection’s rules. An ERC-20 token deployed on Ethereum before that date can exit if it has a Chainlink price feed or a Uniswap market holding at least $250,000. NFTs that are financial positions, such as Uniswap liquidity positions and Lido stETH withdrawal NFTs, are excluded, as is EXIT itself.

Values come from market data. An NFT is valued at the higher of its collection’s OpenSea floor price and best collection offer, capped at twice the collection’s 30-day average sale price and converted with Chainlink’s ETH/USD feed. When no trustworthy price exists, EXIT HOUSE shows the asset as price unavailable rather than estimating one.

On-chain limits apply to every exit: a $0.10 minimum and a $5,000 cap on qualifying value per exit, $25,000 per wallet per day, $10,000 per collection or token per day, and 100 million EXIT in rewards per day across the protocol.

Each exit carries a fee of 2% of its qualifying value, paid in ETH on top of gas. Half deepens the EXIT liquidity pool and half goes to the EXIT HOUSE treasury; the fee doesn’t reduce the reward. On a $250 NFT, the fee is $5.

EXIT has a fixed supply of 10 billion tokens, all minted once at launch. The token has no mint function and rejects any upgrade that changes its cap. The supply is split 45% for exit rewards, 15% for staking rewards, 15% for the founder, 10% for liquidity, 10% for the protocol treasury and 5% for the ecosystem.

Exit rewards are paid only from released tranches of 300 million EXIT. The next tranche releases automatically when 30 million or less is left, at most once a day. The founder’s allocation unlocks 1% of supply at launch and 1% a month after that, fully vested 14 months after launch, and its schedule can never be accelerated.

Holders can stake EXIT for fixed terms of 7, 45, 75, 150, 270 or 360 days. Each term pays a fixed reward set when the position opens, from 0.7% for 7 days to 40% for 360 days, paid in EXIT at maturity. These are term yields, not annual rates. Principal stays locked until maturity, and a position opens only if its full reward is already funded.

EXIT trades on Uniswap. On Oct. 9, EXIT HOUSE opened a Uniswap v3 EXIT/WETH pool at the 1% fee tier with 600 million EXIT, at an opening price of $0.0005 per EXIT. The liquidity half of every exit fee is added to that pool as ETH.

The protocol is governed by the EXIT HOUSE multisig, a Safe, acting through a 48-hour public timelock. Upgrades and changes to limits, assets, quote signers, staking terms and treasury withdrawals all wait out that delay and appear on the Protocol page before they take effect. Pausers can stop exits or new stakes at once, but they can’t move funds.

EXIT, the ExitRouter and the staking contract are upgradeable so that defects can be repaired, and every upgrade passes through the same timelock. No admin function can withdraw staked EXIT or pause claims of matured stakes; changing that would take a public, timelocked upgrade. The quote-signing key is held in AWS Key Management Service and never leaves it. A bug bounty program is planned after launch.

EXIT HOUSE is available now at exit.house with any Ethereum wallet. The EXIT token contract on Ethereum is 0x3E28C426521Dc27e97CC3f73FAd041a10D885c19. Contract addresses, versions and governance actions are published at exit.house/protocol, and the whitepaper is at exit.house/whitepaper. Updates are posted on X at @exit__house.

About EXIT HOUSE

EXIT HOUSE lets people permanently exit eligible NFTs and ERC-20 tokens for transparent value and receive EXIT through a protocol on Ethereum. EXIT is an ERC-20 token with a fixed supply of 10 billion that holders can keep, trade or stake for fixed terms. EXIT HOUSE was founded by Anthony Anger. Learn more at exit.house.

Important information

EXIT is a utility token for use within EXIT HOUSE. It is not an investment contract or a promise of profits, and nothing in this release is financial, legal or tax advice. Exits are permanent, EXIT’s market price can change, and access may be restricted in some jurisdictions. Full disclosures are at exit.house/risk and in the Terms and Conditions.

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.

Dogecoin (DOGE) had a sharp drop in spot flows this past week as the broader crypto market pulled back.

Dogecoin registered a 7-day spot net flow percentage of -599.50%, with spot outflows exceeding inflows, data from CoinGlass showed. The last seven days' spot inflows were $480.96 million and spot outflows were $538.16 million.

A drop in spot flow, especially for exchanges, could indicate a dearth of coins being deposited on trading venues. On the other hand, an increase in spot outflows might suggest investors are withdrawing their coins into cold storage, a bullish signal.

HOT Stories

Owing to a weeklong drop in crypto prices, this might be the case as whales or large holders seek to buy at a discount.

You Might Also Like

Dogecoin fell for four days at a stretch amid a forced unwind following a leverage buildup in the broader market. Altcoins had a strong run into late September with significant leverage building up along the way.

Dogecoin sharply fell to a low of $0.081 on October 8 as investors weighed macroeconomic concerns before rebounding.

Expectations for Q4 recovery remainOn the one-year anniversary of the 10/10 flash crash, which resulted in the largest liquidation event in crypto history, Dogecoin is currently trading in the green at $0.086.

You Might Also Like

After registering a death cross on the three-hour chart, Dogecoin price returned to the green on the daily chart and brought its short-term price action back into focus.

Dogecoin was relatively flat during Q3 2026 with a small rally in August, and traders are now looking toward Q4 2026 for a possible turnaround.

Headwinds for DOGE included Bitwise's decision in September to sunset its Dogecoin ETF (BWOW) less than a year after launch, citing sub-scale institutional demand. Trading for the fund concludes in October 2026.

Dogecoin's poor performance in Q3 was further compounded by Hyperliquid overtaking DOGE in late Q2 and the wider crypto industry's tokenomics moving toward revenue-driven models.

DOGE is the world's 11th largest cryptocurrency with a market cap of $14.8 billion, just ahead of Zcash.

Cover image via depositphotos.com 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.

The official X account of Bitcoin hardware wallet manufacturer Coldcard was compromised. On October 11, 2026, attackers published a fake notice in the brand’s name claiming a “critical firmware vulnerability” affecting the Mk4, Mk5, and Q models and urging users to move their funds immediately through a phishing website.

You Might Also Like

The post appeared amid unprecedented anxiety in the crypto community. Hackers exploited the context of the brand’s recent disaster to make the scam more convincing. The post was subsequently deleted.

HOT Stories

Coldcard official statement on X regarding the October 2026 account compromise and phishing incident, Source: Coldcard via X.comWhy the fake notice was so convincingThe reason is that Coldcard experienced the biggest crisis in its history in late July 2026. Due to a linker error in the device code, wallets were generated with weak entropy (randomness). Instead of using a true random number generator (TRNG), the system relied on a vulnerable software algorithm. Hackers cracked the wallets offline through brute-force attacks and drained the addresses without any phishing.

The first wave of thefts began on July 30, 2026, with total losses estimated at around 1,600–1,800 BTC (approximately $100–130 million at the time), making it one of the year's largest self-custody incidents.

Coinkite, the wallet manufacturer, responded by urgently releasing patched firmware versions: 4.2.0 for Mk3, 5.6.0 for Mk4/Mk5, and 1.5.0Q for Q. However, the software update did not automatically fix existing wallets. Users had to manually generate new seed phrases and migrate their assets.

This painful procedure was precisely what the scammers mimicked on October 11. They listed exactly the same “patched” firmware versions in their phishing post to trigger panic and encourage users to transfer their funds to the attackers’ addresses.

You Might Also Like

The intrigue surrounding the latest incident is that Coldcard representatives found absolutely no evidence of a breach in their own systems. The company stated that its logs contained no records of unauthorized logins or sessions, and that its own credentials and offline two-factor authentication (2FA) method, which has been used since 2017, remained secure.

The Coldcard team officially contacted X support, demanding an urgent investigation. According to the company, the post bypassed its security measures through unauthorized access at the social network level or via its administrative panel.

@Support — urgent escalation requested. A phishing post appeared on our account, yet we can find no corresponding login, session, or access record. Our credentials and offline 2FA remain secure. This raises concern about unauthorized platform-level or administrative access. We are also aware of reports that access to X administrative accounts is being sold on darknet markets, although we cannot independently verify a connection. Please preserve all relevant logs and have your security team investigate immediately. This appears to be a targeted, highly specific attack.

— COLDCARD (@COLDCARDwallet) October 11, 2026 The developers also cited reports of access to X's internal tools being sold on dark markets, although no independent evidence has yet confirmed a connection. The risk of losing funds likely applies only to users who panicked and manually entered their 24-word seed phrases on the phishing page.

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.

This site is protected by reCAPTCHA.

Altcoins

11 October 2026 | 11:32 Most perpetuals trades end with a simple result: the trader wins or loses. Papertrade adds a second outcome by issuing PAPER after eligible losses, tying its token model directly to the way its market settles trades.

Key Takeaways Eligible trading losses may trigger PAPER issuance under the protocol’s emission rules. PAPER does not replace the USDC that was lost on the trade. The same loss-funded pool is responsible for paying traders who win. The model needs both reliable winner payouts and a sustainable reason to hold PAPER. A perpetuals market built around one shared pool Papertrade is a perpetuals venue built on Hyperliquid infrastructure. Traders take leveraged positions on crypto prices without buying the underlying asset, while the platform’s settlement model relies on a shared USDC reserve called the Martingaler LP.

Like other leveraged perpetuals, the product can magnify a small price move, accumulate funding costs and liquidate an underfunded position. These are the mechanics involved in trading crypto with leverage. Papertrade adds a separate token outcome: an eligible loss may trigger the issuance of PAPER.

The USDC loss remains real. PAPER gives the trader a separate asset whose eventual value depends on the protocol’s activity, token supply, demand and the terms available to holders.

What a $100 loss leaves behind

If a trader loses $100, the USDC loss can help replenish the shared Martingaler LP. PAPER may then be issued according to the protocol’s live emission rules. The token does not restore the $100; it gives the trader a separate asset with an uncertain future value.

What PAPER leaves behind after a loss That difference is important because a token reward can be mistaken for compensation. It is better understood as a new position created after the trade has already closed. Its price may rise, fall or remain illiquid, and a trader who sells it immediately could receive far less than the USDC lost.

Papertrade’s materials describe PAPER staking as a route through which holders may participate in protocol revenue. Whether that creates durable value depends on activity, fees, token issuance, market demand and the live terms of the staking system. Traders should check the current documentation and contracts for reward formulas, transferability and restrictions before relying on any promotional description.

The model therefore places two questions in front of a losing trader. First, how much USDC could be lost through leverage? Second, does holding the PAPER received afterward make economic sense once dilution, liquidity and the protocol’s revenue are considered?

The same pool must pay the traders who win PAPER’s story cannot be separated from the pool behind the market. The USDC that enters after losses helps support the liquidity needed to settle winning positions, connecting the token mechanism to the platform’s ability to pay traders.

Papertrade’s whitepaper describes a queue for situations in which the pool does not have enough immediately available USDC to cover every profitable withdrawal. In that scenario, a winning trader may need to wait for the pool to receive further liquidity. Bankless described the same mechanism at launch as a first-in, first-out payout process.

Such a queue is a disclosed part of the proposed design, not proof that payouts will fail. It does mean that the market should be judged by its settlement record as well as its trading interface. A perpetuals venue is only as useful as its ability to deliver gains when traders are entitled to withdraw them.

A loss token can influence risk-taking The token may change how some traders approach a risky position. A person considering a highly leveraged trade could view PAPER as a possible residual benefit after a loss, particularly if they expect the protocol to grow and the token to gain demand.

That expectation can be dangerous if it becomes a reason to take a position that would otherwise be too large. PAPER is not a hedge with a defined payout, and it cannot reduce the USDC loss at the moment a liquidation or losing close occurs. Its future value must be weighed against the immediate, known cost of the trade.

There is also a supply question. Issuing more tokens after more losses may broaden participation, yet it can also dilute existing holders if protocol revenue and demand do not expand at a comparable pace. The model needs a credible connection between trading activity, settlement liquidity and value for PAPER holders; issuing tokens alone cannot create that connection.

Four places where Papertrade has to deliver First test

Can winners withdraw USDC?

The shared pool needs enough liquidity to meet profitable traders’ withdrawal claims without a prolonged queue.

Second test

Does PAPER have a reason to be held?

Its supply needs to stay connected to real demand, staking participation and protocol revenue rather than issuance alone.

Third test

How does the pool behave under pressure?

A market with more winning positions than losses could expose whether the payout mechanism works during an unfavourable trading period.

Fourth test

What do losing traders do with PAPER?

Consistent holding or staking would show a different kind of demand from immediate selling after each loss.

These measures offer a more useful view of Papertrade than token price alone. A rising PAPER price would not prove that the payout mechanism is robust, while a short period of smooth withdrawals would not settle the longer-term question of token supply and demand.

The model has two promises to meet Papertrade is trying to turn a familiar frustration in leveraged trading into part of its economic design. Instead of leaving every losing trader with only a reduced balance, it gives eligible participants a token that may have value if the venue builds lasting activity and revenue.

The approach can only prove itself if two outcomes hold together over time: profitable traders can access their USDC when due, and PAPER develops an economic role that does not rely on an ever-expanding flow of new losing trades. Until that evidence exists, PAPER should be treated as a speculative token received after a loss, rather than a recovery guarantee.

This article is provided for informational purposes only and does not constitute financial or investment advice. Perpetual futures and leveraged trading carry a high risk of loss. Product terms, token mechanics and eligibility rules may change.

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.

Table of contents

Zcash developers plan to add post-quantum signature support to the privacy-focused network in January, according to an engineering post from Zakura, one of the teams that builds and operates the Zcash node software. The change would introduce hash-based signature opcodes designed to resist quantum computers, though no network activation date has been confirmed.

“Our team plans for post-quantum signature opcodes to land in Zcash in January,” Zakura engineer Roman Akhtariev wrote in the engineering post. The timeline follows a warning from Ethereum researcher Justin Drake, who urged holders to prepare a “bunker mode” because AI-assisted advances could theoretically break today’s wallet signatures “in months, not years” in a worst-case scenario.

What the January Plan Adds The opcodes would let Zcash verify hash-based signatures built on the WOTS scheme, a way to prove permission to spend without relying on the elliptic-curve keys most blockchains use today. That matters because a powerful quantum computer could, in principle, break today’s elliptic-curve signatures. A spender publishes a signature the network checks with hashes, digital fingerprints derived from secret data, so a future breakthrough against current keys would not automatically defeat the replacement.

The first version covers Zcash’s transparent payments, which work much like bitcoin. Roughly seven in 10 coins, about 11.96 million of the 16.98 million ZEC issued, sat in the transparent pool on Thursday, Oct. 8, according to ZecStats data compiled by CoinDesk. The plan also arrives alongside address rotation and a private lookup tool designed to stop wallets from revealing which addresses belong to the same user.

Why the ‘Bunker Mode’ Warning Moved the Timeline The work gained urgency after Drake’s viral warning that AI could find a shortcut through the mathematics protecting bitcoin and ether wallets. ZEC closed around $1,185 that day, down about 11% over the week, leading a drop among major cryptocurrencies after the post spread on X.

What the Plan Still Doesn’t Protect The January target does not yet cover shielded payments, the privacy feature that defines Zcash and conceals senders, recipients and amounts. Zcash’s own quantum-recovery design warns that an attacker who obtains a recipient’s address could save encrypted payment records now and try to decrypt them after a future mathematical breakthrough, a “harvest now, decrypt later” risk. Shielded transactions still require separate safeguards that have not been specified, leaving the network’s most distinctive use case waiting longest for protection.

What to Watch Next No network activation date has been set, and January is a development target rather than a confirmed upgrade. The transparent-side tooling is further along: an experimental “Private queries” setting is already available in the Vizor wallet, with a broader rollout expected in the near term. Zcash’s timeline sits well ahead of Ethereum’s own December 2029 quantum-resistance target, but the shielded pool remains the part of the network most exposed to a future breakthrough.

AUTHOR

Blockchain analyst specializing in the regulatory impact of government policies on the crypto industry. Known for his thorough research and clear, engaging writing, Emmanuel provides insightful analysis on the latest trends, market shifts, and emerging crypto innovations. His work aims to educate and inform both novice and experienced readers, offering expert perspectives on the fast-evolving world of digital assets. With a passion for staying ahead of the curve, Ogwu is a trusted voice in the cryptocurrency and blockchain space.

At the latest mining pace, annualized additions from vesting and block rewards would fall from about 89 million FIL to 21 million. Storage-provider rewards continue.

Free newsletters

Good reporting. Delivered.Choose your coverage: crypto and DeFi, the future of finance, or both.

Free. Unsubscribe anytime.

Filecoin is set to conclude its six-year genesis token vesting plan, ending the regular annual release of around 68.3 million FIL, with block rewards becoming the primary ongoing source of its new token supply. Calculations based on Lotus supply accounting code and the latest mining data from Filfox show the total annual new token supply from vesting releases and block rewards is projected to drop by roughly 77%, from 88.9 million FIL per year to 20.6 million FIL. The post-vesting data is annualized from the past 24 hours of output, intended solely to compare current annualized supply rates and not a forecast of next year’s block rewards. Per Filecoin’s published token allocation plan, Protocol Labs (including its team and contributors) was allocated 300 million FIL, while the Filecoin Foundation received 100 million FIL. The combined six-year allocation plan releases around 66.7 million FIL annually. Lotus’ supply accounting code also includes an additional 9.8 million FIL in the same six-year vesting category, bringing the annual planned release to roughly 68.3 million FIL. The relevant code calculates the vesting plan starting from the network’s liftoff epoch, divided into six cycles of 365 days each. Thus, based on Filecoin mainnet parameters and recorded genesis block data, the plan is set to conclude on October 14, 2026.

Relevant content

List of High-Risk Ledger Resellers Disclosed, Regional Supply Chain Risks Draw Attention After CryptoBilis Incident

After hardware wallet manufacturer Ledger confirmed that devices sold by its Southeast Asian distributor CryptoBilis contained unauthorized hardware implants, analyst Darkfost has compiled a "Ledger Dealers to Watch" list, identifying nearby merchants whose supply chains may also be impacted, including Lazada, Shopee, Tokopedia, Bhinnekon, and Metapod. The list marks CryptoBilis as suspended, while the risk exposure of other dealers remains unknown. Darkfost stressed this is speculative, not confirmed, but advised users who purchased Ledger devices from these dealers in the past six months to transfer their assets to secure locations before the issue is resolved. Ledger previously stated the incident appears limited to this single distributor and its local market, adding its own infrastructure, systems, and services were not breached, and investigations are ongoing. Darkfost also recommended users willing to inspect their devices themselves refer to disassembly guides to verify if the hardware has been tampered with.

13 minutes ago

Ledger Confirms Over $86 Million in Crypto Assets Lost in Hardware Supply Chain Attack Incident

Hardware wallet manufacturer Ledger confirmed today that unauthorized hardware implant attacks may have caused affected users to lose more than $86 million in crypto assets. Earlier, Ledger verified that affected user devices contained unauthorized hardware implants, prompting distributor CryptoBilis to suspend sales of its inventory.

13 minutes ago

Next Week's Macro Outlook: CPI Data Tests Fed’s Stance on Pausing Rate Hikes, IMF’s Walsh Speech Takes Center Stage

Next week, global markets will focus on the U.S. September CPI data to assess whether the Federal Reserve maintains its "discontinuous rate hike" stance. While most Fed officials believe another rate hike may be possible this year, recent comments indicate no urgency to act at consecutive meetings. Market pricing for a rate hike on October 28 has fallen to around 19%, while a December rate hike is fully priced in. Geopolitically, the stalemate between the U.S. and Iran and escalating tensions in Yemen continue to support oil risk premiums, with the U.S.-Russia diesel supply deal having limited short-term impact. Below is a key event calendar: Tuesday: Speech by Cleveland Fed President Patrick Harker; Fed Governor Christopher Waller speaks at the India Bloomberg New Economy Forum; U.S. September NFIB Small Business Confidence Index, ADP employment change for the week ending September 26, September existing home sales annualized total; OPEC releases its monthly oil market report. Wednesday: U.S. September CPI and core CPI; Fed officials’ pre-Brown Book comments; Boston Fed President Susan Collins and Fed Governor Michelle Bowman deliver speeches; IEA releases its monthly oil market report. Thursday: U.S. API crude oil inventories for the week ending October 9; U.S. initial jobless claims for the week ending October 10, September retail sales, September PPI and core PPI, October New York Fed and Philadelphia Fed manufacturing indexes; G20 Finance Ministers and Central Bank Governors Meeting. Friday: Fed Chair Jerome Powell attends the IMF Annual Meeting in Bangkok and holds a fireside chat with IMF Managing Director Kristalina Georgieva; Cleveland Fed President Patrick Harker speaks again; U.S. September Import Price Index, industrial production; U.S. EIA crude oil inventories for the week ending October 9.

13 minutes ago

A crypto whale takes a long position on BTC, with unrealized profit exceeding $10 million.

According to TradingBeats monitoring, Hyperliquid whale address 0x8ea8…edbc holds 1,000 BTC long positions, with the position valued at approximately $83.04 million. The address uses 3x full leverage, with an average entry price of around $72,771, current unrealized profit of roughly $10.27 million, and a position return rate of about 37.1%. The address already held around 800 BTC long positions as early as May 11, with an unrealized profit of approximately $5.3 million at that time, before increasing the position size to 1,000 BTC. As of press time, the BTC contract mark price is approximately $83,037, some 14.1% higher than the address’s average entry price. The estimated liquidation price for the position is around $50,382, roughly 39.3% lower than the mark price.

13 minutes ago

A crypto whale traded with 1000x leverage on Papertrade, racking up cumulative losses of roughly $1 million.

According to TradingBeats’ monitoring, address 0x6f25...4acc has recorded a cumulative trading volume of roughly $10.301 billion on Papertrade, with historical trading losses of around $933,200 and currently holds no open positions. All 1,058 settled positions of the address utilized 1000x leverage; 37 were liquidated, leading to total margin losses of approximately 361,000 USDC, involving BTC and ETH. Separately, the address has staked about 84.98 million PAPER tokens, making up roughly 1.59% of the platform’s total staked amount, and has cumulatively claimed around 223,900 USDC in rewards.

13 minutes ago

On Hyperliquid, Ethereum (ETH) trading volume over the past 24 hours surpassed Bitcoin (BTC), hitting approximately $1.1 billion.

On the Hyperliquid platform, ETH’s 24-hour trading volume exceeded BTC’s $805 million, reaching approximately $1.1 billion. Market analysts link the surge in ETH’s trading volume to suspected exploitation of PaperTrade’s mechanisms. Earlier today, reports indicated PaperTrade was targeted for price manipulation by two wallet addresses, with clear vulnerabilities in the protocol. The two addresses conducted trades on Hyperliquid at individual sizes of around $20 million, driving ETH’s price to fluctuate by 10 to 20 basis points, while establishing long positions worth hundreds of millions of nominal dollars on PaperTrade.

13 minutes ago

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.

This site is protected by reCAPTCHA.

Solana token holders recorded a net income above $400,000 for two straight weeks, marking a significant shift after three weeks of negative results. Data from SolanaFloor attributed the improvement to stronger aggregate net income, benefiting both stakers and non-stakers on the network.

Solana net income turns positiveSolanaFloor reported that aggregate net income for token holders stayed above $400,000 for the past two weeks. Previously, the network had endured three consecutive weeks of negative net income. This latest turnaround suggests that Solana’s overall economic performance is showing early signs of stabilization across its user base.

Net income for token holders tracks the value created by network activity, beyond associated operating costs. Consistent positive results in this metric can be interpreted as a sign of improved network economics, especially after a prolonged downturn.

The change follows a difficult period for the Solana ecosystem. If positive net income persists, some market participants believe it could signal that the network’s economic health is beginning to recover.

SolanaFloor observed that, “Aggregate token holder net income has exceeded $400,000 for two straight weeks, indicating early improvement after a run of negative results.”

SOL price at a critical junctureSOL currently trades near $109 after experiencing a steep selloff. According to crypto analyst BitGuru, the $107 level serves as an immediate support zone and will likely influence the short-term direction of the token.

Market watchers are analyzing whether buyers can keep SOL above this support, which could open a path to higher resistance levels at $113 and $118. Alternatively, renewed selling pressure below $107 may intensify the recent decline.

BitGuru identified $113 as the next potential resistance if bulls take control, but cautioned that a fall below $107 would be an invitation for more sellers. As a result, the $107 mark remains a major focus in the current technical outlook.

BitGuru stated that SOL’s trajectory depends on its ability to hold $107, with buyers needing to sustain momentum for a push toward the $113-$118 range.

Still, technical analysis should be viewed as conditional, with price action depending on the level of buying interest and broader market sentiment. The interplay of support and resistance levels will remain relevant for traders as they monitor potential reversals or deeper declines.

Network data and meme token trendsEncouraging signs in Solana’s net income provide fundamental support for ongoing consolidation in SOL, supplementing technical indicators. The next weeks will indicate whether token holders can maintain positive results and whether network activity strengthens further.

In the context of market monitoring and trend analysis, attention has also turned toward the meme token sector. A single internet trend can quickly drive millions of dollars of activity. Data from Fomo App highlighted a recent trade in the “Niu Lai” meme token, where an initial investment of $99 grew to roughly $370,000. The evolution of such trades demonstrates the value of tracking not just prices but also investor timing and token selection. Fomo App integrates real-time token discovery and trading, featuring social feeds, investor rankings, and trade notifications, offering insight into the rapidly changing world of meme tokens and enabling users to monitor investor activity closely.

For now, all eyes remain on Solana’s ability to sustain positive net income and defend short-term support. If both technical and fundamental conditions improve, further gains toward $113 and $118 remain possible. A break below $107 would undermine this scenario and shift focus to renewed downside risks.

9h05 ▪ 4 min read ▪ by Fenelon L.

Summarize this article with:

Spot ETFs backed by ether recorded $542.1 million in net outflows last week. This is their worst weekly performance since January. The trend is also continuing on Solana, whose ETFs have just ended fourteen consecutive weeks of net inflows.

In brief Ether ETFs lost $542.1 million in one week, a record since the week ended January 23. Withdrawals extend over nine sessions and reach $697.2 million since September 29. BlackRock’s ETHA fund accounts for 88% of outflows. Solana ETFs lost $24.8 million, while Bitcoin funds also ended their inflow streak. Nine consecutive sessions of outflows The reversal occurred at the end of September. On the 28th, Ether ETFs were still attracting $17.1 million. The very next day, investors changed course. This shift coincides with the end of the nine-day inflow streak of Bitcoin funds.

Since September 29, withdrawals have reached $697.2 million over nine sessions. Last week alone concentrated $542.1 million in net outflows. You have to go back to the week ended January 23, marked by $611.2 million in withdrawals, to find such a negative record (SoSoValue data). Tuesday was particularly heavy in this result, with $201.9 million in outflows.

This series is now among the longest since the launch of spot Ether ETFs. It ties the one observed from June 17 to 30. The record remains seventeen consecutive sessions, between May 11 and June 3, totaling $900.1 million withdrawn.

BlackRock concentrates the bulk of withdrawals Not all funds are under the same pressure. ETHA, BlackRock’s product, recorded $477 million in outflows over the week, about 88% of the total. This is its worst weekly performance since mid-December 2025 and the third worst since its launch in July 2024.

The fund lost capital in five sessions. On Tuesday, withdrawals reached $201.9 million, its worst daily result since January 21. For comparison, Grayscale’s ETHE fund recorded $31.9 million in outflows.

ETHA now manages $8.64 billion in net assets, compared to $12.79 billion cumulative inflows since its creation. Thus, the gap reaches $4.15 billion. Meanwhile, the total assets under management of all Ether ETFs declined by 10% over the week to $15.71 billion. Cumulative net inflows since January also dropped to $931.8 million, versus $1.47 billion a week earlier.

Trading volume, however, rose to $5.18 billion. This pressure on Ether ETFs is part of a larger move, as Bitcoin funds also recorded significant outflows.

Solana ETFs lose their momentum Solana is not exempt from this trend. Its ETFs recorded outflows during all five sessions of the week, a first streak of this length since their launch. In total, they lost $24.8 million, nearly three times their previous weekly outflow record, set at $8.9 million in early February (SoSoValue data).

Bitwise’s BSOL fund accounts for the bulk of these withdrawals, with $20.9 million, or 84% of the total. This development also ends fourteen consecutive weeks of net inflows, the longest streak since these products arrived in October 2025.

The reversal comes two weeks after a peak of $188.2 million of weekly inflows. At the same time, assets under management fell back to $1.73 billion, compared to a record of $1.96 billion reached on September 25. In total, the Bitcoin, Ether, and Solana ETFs lost about $1.25 billion last week.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

Join the program

A

A

Lien copié

Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.

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.

Perspective: Bitcoin has entered a phase of intensified potential selling pressure, with whether subsequent demand can absorb this pressure being the key.

Crypto analyst Darkfost posted on X that Bitcoin has entered a phase of sharply intensifying selling pressure. Notably, this refers to potential selling pressure, not actual realized selling activity. The “Seller Exhaustion Indicator” combines profitable supply and volatility (returns) to distinguish between market risk and stable phases, serving as a valuable metric for short-term market analysis. As the recent rally pushed Bitcoin’s price above $85,000, the indicator signals the market is entering a stage where selling pressure could escalate. The indicator’s shift has been quite sudden, especially evident among short-term holders. Since volatility tends to weaken over time, excessive focus on specific numerical values is unwarranted, though the overall trend is clear. Currently, the indicator has hit a critical level matching the one that signaled a local top in this cycle. Moving forward, it remains to be seen whether market demand can improve to limit potential pullbacks; if volatility contracts accordingly, that would also help the indicator return to normal.

47 minutes ago

Analysis: Papertrade did not adopt Hyperliquid’s official oracle pricing mechanism, enabling a trader to manipulate the system and earn $1.28 million in profits.

According to Butler’s monitoring, Papertrade was exploited by an address to earn around $1.28 million in profits just roughly 8 hours after its launch. The same trader has accumulated over $13 million in historical profits on Hyperliquid, with a trading volume of $14 billion. Since Papertrade prices its trades based on Hyperliquid’s real-time ETH price, the attacker repeatedly opened large long and short positions on Papertrade while trading ETH on Hyperliquid, briefly pushing prices up or down before closing positions for gains. Data shows the trader executed a total of 305 trades, 296 of which were profitable, giving a win rate of approximately 97%. The average holding time was just 98 seconds, with cumulative trading profits peaking at $1.73 million. However, the attacker later opened 30 short positions on Papertrade at $2507.35, with a notional value of around $297 million, and sold roughly 6,600 ETH on Hyperliquid to drive the price down to $2504.4, but this attempt to close the positions failed. Afterward, ETH’s price rose to $2509.95, triggering full liquidation of the 30 short positions, resulting in a loss of roughly $450,000. The attacker ultimately netted approximately $1.28 million in profits. The Papertrade team may have curbed the attack by blocking the attacker’s position closures, but this is only speculation and has not been confirmed. Analysts noted that if the platform continues to directly use Hyperliquid’s BBO (Best Bid Offer) as its pricing basis, underlying manipulation risks will remain. They recommend adopting Hyperliquid’s official oracle price, which aggregates quotes from multiple trading platforms, to reduce risks from manipulation of a single order book.

47 minutes ago

Aggressive inflows into Papertrade’s 1000x leverage trading: Over 75% of traders have been liquidated, with total liquidation volume exceeding $20 million.

According to TradingBeats' monitoring, since Papertrade opened trading at 22:00 on October 10, a total of 7,962 addresses have opened positions, with 5,836 of them having used 1000x leverage, accounting for roughly 73.3%. These addresses cumulatively opened 61,222 1000x leveraged positions, and the high leverage risk has materialized rapidly. Of these, 4,395 addresses have experienced at least one liquidation of a 1000x position, making up 75.3% of all addresses that used 1000x leverage; a total of 12,657 1000x leveraged positions were liquidated, resulting in isolated margin losses of approximately $20.0771 million, including around $8.0006 million in BTC positions and $12.0764 million in ETH positions. Over the same period, 4,861 addresses across the entire platform had positions liquidated, with a total of 14,158 liquidated positions and isolated margin losses of about $23.1162 million. 1000x positions accounted for roughly 89.4% of total liquidation counts and 86.9% of total liquidation margin losses. The median holding time of liquidated 1000x positions from opening to liquidation was just 7 minutes and 35 seconds. The official noted that a 1000x leveraged position may trigger liquidation and lead to the loss of the entire isolated margin if a reverse price movement of approximately 0.052% occurs.

47 minutes ago

A trader went long on STRK yesterday, currently holding an unrealized profit of $850,000.

According to YuEmber monitoring, a new wallet spent 440,000 USDC to go long on STRK on Hyperliquid yesterday morning. STRK subsequently rose more than 50%, generating an unrealized profit of $850,000 for the wallet within a day.

47 minutes ago

Viewpoint: Papertrade Suspected of Being Exploited for Price Manipulation by Two Addresses, Protocol Has Obvious Vulnerabilities

A user named Boblob on X has posted that two wallet addresses are actively exploiting the Papertrade protocol. These addresses, which execute trades on Hyperliquid with each transaction totaling approximately $20 million, have caused ETH price swings of around 10 to 20 basis points and built long positions on Papertrade with a nominal value of hundreds of millions of dollars. The user argues this exposes a critical vulnerability in the current Papertrade protocol that requires urgent fixing, as failure to do so would undermine its long-term sustainability. The claim remains a unilateral allegation from the user at this stage.

47 minutes ago

Filecoin's genesis token vesting program is ending, cutting annual unlocked FIL supply by 68 million tokens.

Filecoin is set to conclude its six-year genesis token vesting plan, ending the regular annual release of around 68.3 million FIL, with block rewards becoming the primary ongoing source of its new token supply. Calculations based on Lotus supply accounting code and the latest mining data from Filfox show the total annual new token supply from vesting releases and block rewards is projected to drop by roughly 77%, from 88.9 million FIL per year to 20.6 million FIL. The post-vesting data is annualized from the past 24 hours of output, intended solely to compare current annualized supply rates and not a forecast of next year’s block rewards. Per Filecoin’s published token allocation plan, Protocol Labs (including its team and contributors) was allocated 300 million FIL, while the Filecoin Foundation received 100 million FIL. The combined six-year allocation plan releases around 66.7 million FIL annually. Lotus’ supply accounting code also includes an additional 9.8 million FIL in the same six-year vesting category, bringing the annual planned release to roughly 68.3 million FIL. The relevant code calculates the vesting plan starting from the network’s liftoff epoch, divided into six cycles of 365 days each. Thus, based on Filecoin mainnet parameters and recorded genesis block data, the plan is set to conclude on October 14, 2026.

47 minutes ago

Share

Blockchain

11 October 2026 | 02:57 A crypto payment can expose more than its amount. On a public blockchain, the wallet receiving it may be able to inspect the sender’s balance and follow earlier transfers.

COTI is trying to reduce that exposure by treating privacy as part of the payment flow. Its products are built around a simple idea: a transfer can be verifiable without making every part of a user’s financial activity public.

Key Takeaways COTI is packaging privacy for payments. Interphase targets private cross-chain settlement. COTI Global targets consumer crypto spending. Private transfers can still reveal data. Usability will determine whether it matters. Payment privacy starts with a familiar problem Public ledgers make it easy to confirm that a transaction happened. The same visibility can be uncomfortable when someone is paying for a service, receiving a salary or settling an invoice. A customer may not want a merchant to see their wider wallet history, while a business may not want suppliers or competitors to inspect its treasury movements.

That does not mean every public-chain payment is automatically linked to a real identity. It does mean that once an address is associated with a person or company, its visible history can become useful to anyone examining the chain.

COTI’s product direction responds to that gap. Its public materials describe a mix of documented COTI V2 privacy tools, product demonstrations and broader rollout plans. Readers therefore need to separate what is available now from what COTI is aiming to deliver across more chains and consumer payment flows.

Interphase and COTI Global have different jobs COTI presents Interphase as a privacy layer for multi-chain settlement. Its product page says Interphase is designed to handle confidential, unlinked transfers across more than 30 major blockchains, with compliance screening built into transfer requests.

COTI Global sits at the consumer end of that idea. COTI describes it as an app for spending crypto privately in everyday settings, with payment information kept confidential while the user interacts through a single interface.

Interphase
COTI’s proposed settlement layer for confidential transfers between supported chains.

COTI Global
The consumer-facing payment experience COTI says could bring those controls into everyday spending.

These claims describe the intended product model. Their practical value depends on which chains, assets, wallets and merchant flows are available in production, rather than on a product page alone.

The current privacy tooling shows how COTI approaches the problem COTI’s Privacy Portal documentation describes a related COTI V2 flow. Supported ERC-20 assets can be converted into private tokens, while balances and transfer amounts remain encrypted on-chain. Users decrypt their own information locally through their wallet setup.

The documentation should not be read as proof that every Interphase or COTI Global feature is already live across every network. It does, however, show the technical direction: the system aims to process encrypted payment data instead of publishing balances and amounts in plain view.

COTI also says its compliance checks can operate on encrypted transaction data. If that model works as described, a transfer could be screened without publicly disclosing the amount or the parties involved. That remains different from a system with no controls at all.

A private transfer can still leave an identity trail Encrypting data on-chain does not create complete financial anonymity. The privacy of a payment can weaken when it connects to an identified exchange account, a merchant profile or a wallet address that has already been publicly associated with its owner.

We recently examined the same boundary in a different setting, asking whether Bitcoin could gain stronger payment privacy without changing its base layer. The conclusion was similar: hiding transaction details can improve confidentiality, but exchange records, public entry and exit points, and separate service providers may still reconnect activity to an identity.

That connection can happen at several points in the payment journey:

buying or selling crypto through a KYC exchange; reusing an address already associated with a person or business; sending funds to a merchant that keeps customer and invoice records; moving assets from a private balance into a public blockchain environment; or using a service whose availability depends on local rules or compliance requirements. COTI’s roadmap lists leak-protection tools intended to warn users when a withdrawal or reused address could reconnect a private payment with a known public identity. Since the feature appears on the roadmap, it should be treated as planned functionality rather than a safeguard users can assume is already active.

The real test happens at checkout Private transfers are technically interesting, but payments become useful only when the rest of the transaction works. A merchant needs evidence that it has been paid. A customer may need a receipt. Both sides need a path for refunds, disputes and accounting without exposing information that has nothing to do with the purchase.

That is where COTI’s approach could become more relevant than a standard privacy tool. A company paying suppliers may want confirmation that an invoice was settled without exposing its full treasury balance. A customer may want to prove payment without handing over their wallet history. A payment product has to serve both needs at once.

COTI has not yet demonstrated that this model can achieve sustained merchant or consumer use. Its wider case depends on straightforward wallet support, reliable settlement, clear data permissions and payment flows that feel familiar to people who are not using crypto specifically for privacy.

What would make the product case stronger? First, the supported payment flow needs to be clear. Users should be able to see which assets and networks are live, how long a transfer takes and what happens if a payment needs to be reversed or disputed.

Second, every party needs to understand what they can see. A customer, merchant and compliance provider may each need different information. The product is only credible if those permissions are explained before a transfer takes place, rather than discovered after funds have moved.

Finally, users need to know how privacy changes when funds enter or leave the protected environment. That boundary is often where wallet history, exchange records or a reused address can reconnect an otherwise confidential transfer to a public identity.

COTI is testing a more practical definition of privacy COTI is asking whether a crypto payment can remain verifiable while revealing less by default. Its technology may shield selected data on-chain, but the payment experience also has to work for merchants, users and compliance processes that still need specific records.

That makes the success test straightforward. COTI will need to show that private payments are easy to use, clear about their limits and useful in ordinary transactions, not only in a product demonstration.

This article is provided for informational purposes only and does not constitute financial, legal or investment advice. Product availability, supported networks and privacy features may change.

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.

Pump.fun co-founder: Will adjust the Callout Rewards program, reducing the weight of low-market-cap tokens and de-emphasizing trading volume assessments.

Pump.fun co-founder Alon announced in a post that several major adjustments will be made to the Callout Rewards program in the coming days, with some changes set to take effect starting from today’s reward distribution. The adjustments include reducing the reward weight for callouts on low-market-cap tokens; trading volume will no longer be the primary factor determining rewards, as the focus shifts to the actual profits of followers. Going forward, if relevant participants fail to consistently help followers generate profits, their chances of earning rewards will be significantly reduced.

5 minutes ago

The XRP Ledger has patched a payment engine vulnerability that persisted for over a decade, preventing XRP from being overissued.

RippleX Engineering Lead J. Ayo Akinyele stated in a post that securing the XRP Ledger (XRPL) network is the top priority for preserving user trust. Following the earlier disclosure of a critical payment engine vulnerability by Veria AI, the bug had lingered in the codebase for over a decade, with theoretical risks of allowing XRP’s supply to breach its fixed cap. Thankfully, the vulnerability was uncovered through a bug bounty program and remediated before it could be exploited. The XRPL team swiftly developed and comprehensively tested a fix, collaborated with validator node operators to facilitate the network upgrade, and finalized network protections ahead of the vulnerability’s public disclosure.

5 minutes ago

Patricio Worthalter deposits 4,000 $ETH ($10.02M) to Gemini

Patricio Worthalter(@worthalter) deposited another 4,000 $ETH($10.02M) into #Gemini 8 hours ago.

5 minutes ago

The once red-hot AI investment boom has cooled, and South Korea's stock market is facing a shortage of buying interest.

For most of this year, South Korea has been a standout in the global AI boom. Now, by nearly every metric, South Korean stocks are quickly losing investor attention. Market turnover has plummeted 70% from its late-May peak, foreign investors are fleeing rapidly, and local South Korean retail investors are also exiting. Behind this reversal is South Korea’s stock market’s over-reliance on Samsung Electronics and SK Hynix. Phillip Wool, head of portfolio management at Rayliant Global Advisors, said: “I think for most investors, especially those who recently entered the South Korean market via memory chip trades, the biggest challenge is that the easy money from this theme has already been taken off the table.” He added that his fund has been taking profits on South Korean AI stocks and is currently underweight SK Hynix and Samsung Electronics. Richard Tang of Julius Baer said: “We have observed that capital is increasingly flowing back to U.S. stocks, which has led to sustained foreign outflows from South Korean equities.” Chun-Lai Wu of UBS Global Wealth Management said: “Currently, we prefer to access AI-related investment opportunities through Taiwan stocks; Taiwan has a more mature tech hardware ecosystem and benefits from strong spending plans of major tech companies.”

5 minutes ago

OpenAI 28-Day Sprint Day 6: No New Features, Direct Global Quota Reset

Beating AI News reports that Thibault Sottiaux, OpenAI’s Head of Products and Platforms, announced Day 6 of the company’s 28-day product sprint. Instead of unveiling new features, he revealed a global usage quota reset, stating the reset would be completed by the end of the day. Per OpenAI’s earlier commitment, the company pledged to either roll out an update daily over the 28-day period that delivers noticeable improvements to most Codex and ChatGPT Work users, or reset usage quotas. Unlike the banked reset (a reserve quota reset opportunity) offered on Day 3, this global reset automatically refreshes usage quotas for eligible accounts, requiring no manual action from users and cannot be saved for later use.

5 minutes ago

Elon Musk’s ‘de-AI’ initiative continues, with the SpaceX AI account renamed to SpaceX SI.

Beating AI News Flash: Following Tesla, Elon Musk’s official X account for SpaceXAI has been renamed. The account’s display name is now SpaceX Super Intelligence, and its handle has changed from @SpaceXAI to @SpaceXSI. Musk himself shared a screenshot of the updated account. On October 4, Musk publicly stated, “It’s better to call it SI instead of AI.” He later promised netizens he would rename SpaceXAI to SpaceXSI. Now, just six days after that statement, the account has officially been changed. Previously, U.S. President Donald Trump signed an executive order requiring federal agencies to use “superintelligence” (SI) in place of “artificial intelligence” (AI). Though the mandate does not apply to private companies, the official accounts of Tesla and SpaceXAI have both followed suit.

5 minutes ago

Pump.fun is changing how it pays people to recommend tokens. Starting with the October 10 payout, callouts on low-cap tokens will earn less, according to co-founder Alon.

The bigger change is in what gets measured. Rewards will now track whether followers actually benefited from a recommendation, not how much trading volume the call generated.

What changed in Callout Rewards Alon announced the update in a post on X. Under the revised model, callers who steer followers into profitable trades are the ones who get rewarded.

Until now, the program favored callouts that drove trading activity. That approach has a familiar flaw. Volume rewards the person making the call whether the trade goes well or badly for the people who followed it.

Alon framed the goal as spreading the gains more widely. The idea is to create broader “wealth effects” instead of letting most profits flow to a small group of skilled traders. Under the new structure, creators earn by guiding their followers into successful trades.

Advertisement

Low-cap tokens take the most direct hit. Recommendations on smaller tokens will be rewarded at a reduced rate. These are the assets where thin liquidity can leave late followers holding the bag.

A program still finding its footing Callout Rewards launched around August 2026 with an approximate budget of $15 million set aside for payouts.

The October 10 change is the second adjustment in under a week. On October 4, Pump.fun scaled back rewards for users who post callouts at high frequency. The aim was to cut spam and improve the quality of what shows up in people’s feeds.

The program’s design is meant to be open to everyone. High-profile accounts and accounts with only a handful of followers can both earn rewards, including accounts with fewer than 10 followers. Pump.fun says no account gets preferential treatment.

Eligible participants are paid daily in USDC, a dollar-pegged stablecoin. The amount each person receives comes from a methodology the company has not disclosed. Pump.fun also reserves the right to change that methodology without notice.

One practical wrinkle: historical leaderboard data does not reflect the most recent algorithm updates. Anyone comparing past rankings to future ones should keep that in mind, since the scoring rules underneath have shifted.

What this means for callers and followers For callers, the incentive math has flipped. Under a volume model, the best strategy was to post often and push tokens that would move a lot of money quickly. Under a profit model, the best strategy is to post less and pick better.

The cut to low-cap token rewards matters too. Smaller tokens are often where coordinated pumps do the most damage. A caller can promote a thinly traded token, followers rush in, and the price swings sharply before early buyers exit. Reducing payouts for those calls removes some of the financial fuel behind that pattern.

There are open questions. Measuring whether followers “benefited” is harder than measuring volume. Profit depends on when someone buys and when they sell, and followers do not all act at the same moment. Pump.fun has not published its exact methodology, so outsiders cannot yet judge how it defines a successful callout.

The undisclosed formula cuts both ways. Keeping the details private makes the system harder to game, since callers cannot easily reverse-engineer the scoring. It also makes it harder for participants to know what they are being paid for, and the methodology can change without warning.

Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.

US spot Bitcoin ETFs took in approximately $3 billion in net inflows between September 17 and September 25, 2026. That stretch ranks among the strongest buying periods since the funds launched in January 2024.

The burst did something months of grinding could not. It pushed the year’s flow tally out of the red.

Hedge funds, often cast as the fast money behind ETF surges, appear to have played only a minor role this time. The buying looks more like a broad institutional return than a trading desk making a short-term bet.

The numbers behind the rally The peak week alone delivered $2.4 billion in net inflows. That was the largest weekly haul since October 2025.

BlackRock’s IBIT led the pack with around $1.2 billion during that peak week. Fidelity’s FBTC added roughly $702 million, while ARK 21Shares’ ARKB brought in about $295 million.

The biggest single day came on September 21, 2026, when inflows hit nearly $999 million.

The rebound matters most against where flows stood earlier in the year. By mid-July, the funds were sitting on a year-to-date deficit of about $5.8 billion.

Advertisement

By late September, that hole had become a modest net positive of about $934 million.

The flows lined up with Bitcoin’s price recovery. During the period, Bitcoin traded between $82,000 and $87,000.

A record quarter, then a cooldown Zoom out and the third quarter looks even stronger. Q3 2026 recorded $6.34 billion in Bitcoin ETF inflows, the highest of any quarter this year.

Cumulative net inflows since launch reached approximately $57-58 billion by early October 2026. Total assets under management sat around $105-110 billion over the same window.

The party did not last. Net outflows resumed in early October 2026, including a $244 million outflow on October 8.

Why the source of the money matters When the spot ETFs debuted in January 2024, they offered something new. Traditional investors could get Bitcoin exposure through a brokerage account, no crypto exchange or private keys required.

Who is buying shapes how durable a rally might be. Hedge fund flows often tie to basis trades, where funds buy ETF shares and short futures to capture a price gap. That kind of buying can unwind quickly once the spread closes.

Broader institutional demand tends to be stickier. If allocators are adding Bitcoin as a portfolio slice rather than a trade, the money is less likely to sprint for the exit at the first wobble.

The late-September data leans toward the second scenario.

What this means for investors For investors, the clearest signal is a shift in sentiment. Wiping out a deficit of about $5.8 billion suggests institutions still see Bitcoin as a legitimate portfolio holding, not just a speculative side bet.

The concentration in BlackRock’s IBIT also stands out. With around $1.2 billion of the peak-week inflows, the largest issuer kept widening its lead over Fidelity and ARK 21Shares.

Still, the October outflows serve as a reminder against reading too much into any single week. A $244 million exit on October 8 shows that sentiment can flip as fast as it arrived.

Bitcoin’s price range also deserves attention. Inflows clustered while Bitcoin recovered into the $82,000 to $87,000 band.

What to watch next is whether early October outflows prove to be a pause or a turn. If the year-to-date total of about $934 million slips back toward negative territory, the September surge will look more like a relief rally than a trend.

If inflows resume and cumulative totals push past the approximately $57-58 billion mark, the case for steady institutional adoption gets stronger.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

BTC's price recovery from the early July lows have dramatically improved conditions for miners. The impact has started to show.

CryptoQuant’s latest weekly report, shared with CryptoPotato, said that bitcoin miners’ revenues have jumped 78% from the July lows, profitability has improved, and the extreme miner outflows have disappeared.

After concluding that these major network participants have emerged from their toughest period of the year, CQ added that BTC’s price could further benefit due to the removal of this consistent selling pressure.

Selling Pressure From Miners Is Fading The report highlighted no extreme miner outflow events since August 21, when roughly 29,000 left wallets associated with them as the cryptocurrency’s price rallied from under $65,000 to $76,000. The largest daily outflows were approximately 12,000 BTC, within what the analytics company considers a normal range.

Older miners are also selling substantially fewer units. Excluding Patoshi-associated BTC, Satoshi-era miners moved approximately 600 units out of their wallets in September, around 70% below January’s 2,000 BTC. At the same time, their combined holdings remain close to 590,000 bitcoins.

The trend extends to larger modern miners as addresses holding between 100 and 1,000 units saw their collective balance drop by about 20%, from roughly 64,000 BTC in December 2025 to 51,000 BTC by early September. However, the figure has since stabilized rather than continuing to decline.

Although CQ admitted that miners are not accumulating yet, the report determined that the persistent selling pressure has stopped. This is a notable change from early August, when we reported that major miners, including MARA and Riot Platforms, were continuing to move BTC to NYDIG amid difficult industry and market conditions.

Why Such a Change? The report explained that miners are not obligated to sell right now because BTC has rallied 45% from under $58,000 at the start of July to over $83,000 this week. This lifted the total daily miner revenue from $27 million to around $48 million, which shows a 78% increase. Transaction fees also recovered from a seven-day average of $195,000 to $275,000, although they remain far below the peaks seen in 2025.

You may also like: These 5 Bitcoin Indicators Have Turned Bullish for the First Time Since 2025: Report Bitcoin Sees Second-Biggest Profit-Taking Day of 2026 After Climbing Past $87K Liquidations Hit $480M In an Hour as Bitcoin Plunges Below $81K CryptoQuant’s Miner Profit/Loss Sustainability Indicator shifted from “extremely underpaid” between May and August to “fairly paid” after August 21. This means miners earning enough to cover operating costs need less to liquidate BTC just to stay afloat.

Bitcoin’s hash rate has recovered as well, going from under 900 EH/s in late July to over 960 EH/s, while its drawdown from the previous peak narrowed from 18% to 13%. CQ interprets this as mining capacity returning rather than operators capitulating.

However, the report outlined a missing piece. Miners have stopped selling, but they have not yet started rebuilding their BTC balances. CQ believes a sustained return to accumulation would provide an even stronger signal that the backbone of the Bitcoin network has shifted decisively from a source of market supply to long-term holders.

Tags:

Meanwhile, a Bermuda-based life insurance company operating entirely on Bitcoin, has secured $37.5 million from existing investors, bringing its total funding to over $180 million. The most recent investment round was led by Bain Capital Crypto, with additional participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital.

Bitcoin-denominated life insurance modelThe company positions itself as the first licensed life insurer to run its balance sheet, reserves, and audited financials exclusively in Bitcoin. After two years in the Bermuda Monetary Authority’s regulatory sandbox, Meanwhile received its full operating license in July 2024. All policyholder Bitcoin is held with regulated institutional custodians.

Among its prominent backers is OpenAI CEO Sam Altman, reflecting continued institutional interest in Bitcoin-focused insurance solutions.

Meanwhile’s international approach comes in response to rising demand for Bitcoin-based wealth management among affluent families abroad. The company highlighted a record year of growth, propelled largely by its BTC Life 1-Pay policy introduced in early 2026.

BTC Life 1-Pay policy and international reachBTC Life 1-Pay is a single-premium whole life insurance policy designed for high-net-worth clients outside the United States. Under this offering, the client pays a one-time premium in Bitcoin and receives a guaranteed death benefit, denominated in Bitcoin, for the life of the policy. The value of the policy grows in Bitcoin, and after the first year, policyholders can borrow up to 90% of the policy’s value with no set repayment schedule or risk of margin calls.

Meanwhile has signed 15 brokers since launching this product, with representation in major insurance markets such as Singapore, Hong Kong, the UAE, and Switzerland. The company reported that its net long-term underwriting income has already surpassed last year’s total.

Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on, observed Zac Townsend, co-founder and CEO of Meanwhile.

The company’s earlier 10-payment policy was aimed at American taxpayers, further diversifying its client base.

Institutional trends and broader adoptionThis latest funding round highlights a broader movement to incorporate Bitcoin into mainstream financial planning. In one example of this trend, Delaware Life collaborated with BlackRock last year to offer access to Bitcoin through a fixed indexed annuity. Such alliances indicate rising insurer interest in linking digital assets with longstanding financial instruments.

Mini dictionary: Meanwhile is a Bermuda-registered life insurance provider that bases its entire business model on Bitcoin, holding all reserves and issuing all policies denominated in BTC, and claims to be the first insurer licensed to operate in this way under supervision from the Bermuda Monetary Authority.

Policy NameTarget MarketPremium PaymentBenefitBTC Life 1-PayHigh-net-worth foreign clientsSingle premium, BitcoinGuaranteed death benefit in Bitcoin10-Payment PolicyU.S. taxpayersTen annual payments, BitcoinGuaranteed death benefit in Bitcoin

Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying demand may be fading. BTC is attempting to stabilize, but buyers need to reclaim nearby resistance to improve the outlook.

Bitcoin Price Analysis: The Daily Chart Bitcoin’s daily chart shows a substantial recovery from the June lows near $58K to the recent highs around $86K. However, the rally has encountered strong resistance, and the latest price action suggests that sellers are regaining control in the short term.

BTC has been rejected at the $86K to $90K resistance zone, with the lower end of that zone, around $86K, acting as the immediate barrier to a renewed advance. A broader resistance area appears around $95K, which would matter if Bitcoin reclaims the nearer supply zone and resumes its recovery.

Still, the price is above the 100-day and 200-day moving averages, both currently near $72K, after a bullish crossover. Although BTC remains comfortably above these averages, their recent crossover and upturn reflect improved medium-term structure following the summer recovery. The moving averages could become important dynamic support if the correction deepens, but they are not immediate downside targets while the market remains above the nearer support zones.

The first key downside area to watch is the $77K demand zone created by the bullish order block that initiated the final leg of the recent rally. If this area is lost and the price closes below $75K, it would weaken the recovery structure and expose the mentioned moving averages around $72K.

Yet, for now, the daily structure remains in a recovery phase, but the rejection from resistance and a potential loss of short-term support could suggest that Bitcoin may need to undergo a deeper correction before attempting another advance.

BTC/USDT 4-Hour Chart On the 4-hour chart, the asset has broken below a rising wedge after getting rejected from the $86K region. The breakdown below the pattern’s lower trendline indicates the pattern has resolved bearishly, at least in the short term.

Following the breakdown, BTC declined toward the $80K area before staging a modest rebound toward $83K. This recovery suggests that buyers are attempting to stabilize the price, but the bounce remains limited as a bearish order block has formed near $85K that could push the asset lower once more.

On the downside, the $80K low represents the nearest area where buyers have recently attempted to step in. If BTC loses this zone, the next major support is the same $75K to $78K demand area visible on the daily chart.

The 4-hour RSI has also recovered from the oversold territory and is now in the mid-40s, suggesting that selling momentum has eased somewhat. However, it remains below the neutral 50 level, meaning the rebound has not yet established convincing bullish momentum.

The short-term outlook therefore remains cautious. Bitcoin could continue consolidating around $82K to $84K if buyers manage to defend the recent lows. However, another rejection below $86K followed by a break under $80K would increase the likelihood of a deeper move toward the $75K to $78K demand zone.

Sentiment Analysis The Coinbase Premium Index chart shows that the metric has turned sharply negative in the latest reading, falling to approximately -0.1 while Bitcoin trades near $82.7K. The index measures the price difference between Bitcoin on Coinbase and a comparable market price, with a negative reading generally indicating that BTC is trading at a discount on Coinbase relative to the reference market.

A persistently positive premium can indicate stronger buying pressure on Coinbase, often associated with US-based spot demand. Conversely, a negative premium suggests weaker relative demand or stronger selling pressure on the platform. However, the metric is not a direct measure of total US investor flows, and it can also be affected by differences in liquidity and market conditions across exchanges.

The latest deterioration is notable because it coincides with Bitcoin’s rejection from the $86K resistance region and its subsequent breakdown from the four-hour rising wedge. The alignment between weakening price structure and a negative Coinbase Premium suggests that spot demand may not currently be strong enough to support an immediate continuation of the rally.

The index has displayed repeated swings between positive and negative territory throughout the chart, so the latest decline should not be interpreted as definitive evidence of sustained distribution. Still, a continued negative premium alongside further price weakness would reinforce the bearish case, particularly if BTC loses the $80K support area.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Tags:

Sui’s DeFi liquidity also expanded, but more slowly than its token price, while a recent pullback interrupted the rally.

Free newsletters

Good reporting. Delivered.Choose your coverage: crypto and DeFi, the future of finance, or both.

Free. Unsubscribe anytime.

SUI, the native token of the Sui Network, climbed approximately 54% over a 30-day stretch ending in early October 2026. That pace left both Bitcoin and Ether behind during a broader market recovery.

The rally didn’t happen in a vacuum. It landed alongside a run of ecosystem news, including a new institutional yield product from Bitwise and a record throughput figure unveiled at Sui’s own developer conference.

The numbers behind the move Over the past four weeks, the dollar value of assets deposited in Sui’s decentralized finance apps grew 15.5%. That metric is known as total value locked, or TVL.

The four-week gain came even after a 5.2% decline over the most recent week. The pullback lined up with SUI’s price cooling off, which matters because a chunk of that locked value is denominated in the token itself.

Sui’s DeFi TVL peaked at roughly $1.21 billion on September 22, 2026. Contributions from NAVI Protocol, a lending platform on the network, helped push the figure to that high.

Advertisement

On the trading side, SUI moved between $1.15 and $1.27 during the period. By early October it was changing hands at approximately $1.12 to $1.15.

At those levels, SUI’s market capitalization sat around $4.6 billion. Roughly 4.1 billion tokens were in circulation, out of a maximum supply of 10 billion, meaning about 41% of the eventual supply was on the market.

What fueled the rally Several ecosystem developments arrived in close succession.

First, Bitwise launched its PPLUS Premium+ RWA Vault on Sui. RWA stands for real-world assets, the industry term for bringing traditional financial instruments like credit or treasuries onto a blockchain. The vault targets a net yield of more than 10% and is aimed at institutional assets.

Second, Sui posted a record of 40.6 million transactions per second during a stress test at its Basecamp conference, held October 7-8. The test was conducted off-chain.

That caveat deserves a moment. An off-chain stress test shows what the underlying technology can handle under controlled conditions, which is different from sustained real-world usage on the live network.

Third, Samsung announced USDC support for its Galaxy devices, with Sui capabilities integrated into the setup. USDC is a dollar-pegged stablecoin, and putting it in front of Galaxy users potentially exposes millions of people to Sui-powered features.

The long road back SUI hit an all-time high of around $5.35 in January 2025. At its early October 2026 price, the token remained roughly 78% below that peak.

Put differently, a holder who bought at the top would need the token to roughly quadruple from here just to break even.

What this means for investors and the Sui ecosystem With only about 41% of the maximum supply circulating, the remaining tokens represent future supply that could enter the market over time. Investors evaluating SUI’s market cap should keep the fully diluted picture in view.

The recent 5.2% weekly TVL drop is another reminder of how tightly Sui’s DeFi metrics track its token. When price falls, the ecosystem’s headline numbers shrink with it.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Is the XRP Correction Over or Are There Deeper Declines Ahead?

The XRP Ledger (XRPL) has surpassed 13 million agentic transactions, significantly expanding the role of autonomous AI agents in processing real-world payments. J. Ayo Akinyele, Head of Engineering at RippleX, reported this milestone and noted the network now supports 166 x402 merchants, with agentic payments constituting approximately 25% of total ledger activity.

Rapid growth in autonomous transactionsEarlier this year, Akinyele had anticipated that XRPL would quickly exceed 10 million agentic transactions, a benchmark achieved and surpassed in a short span. He indicated that the pace of adoption continues to accelerate, suggesting that 100 million transactions might be reached sooner than initially expected.

These AI-powered agents autonomously pay for APIs, computing resources, and data without needing human intervention for each transaction. The underlying system must offer fast, predictable, and stable-cost infrastructure to support this level of automation.

XRPL delivers transactions in 3 to 5 seconds, with costs set in advance, and eliminates the uncertainty of gas auctions or fluctuating fees. This predictability allows agents to function within predefined budgets, as the ledger was designed with these capabilities in mind.

Tools empower developer adoptionTo help developers build agentic solutions, Ripple introduced the XRPL AI Starter Kit. This toolkit includes an XRPL Docs MCP Server for direct integration with compatible clients such as Claude and Cursor, streamlining access to essential documentation.

Additional resources in the kit feature XRPL Agent Wallet Skill and XRPL Payment Skill designed for Claude, enabling easy wallet creation, balance checks, payments, and transaction monitoring. A guided tutorial allows developers to make a confirmed testnet payment in under 30 minutes.

Mini dictionary: XRPL Docs MCP Server, an integration tool that connects multiple clients or AI agents to access XRP Ledger documentation through a standardized protocol, simplifying developer onboarding and support.

x402 protocol expands merchant capabilitiesIntegration of the x402 payment protocol into XRPL enables AI agents to pay for API usage and AI inference services with either XRP or RLUSD, Ripple’s USD-backed stablecoin. The ecosystem features 166 active x402 merchants, supporting a robust commercial infrastructure for agentic payments.

RLUSD provides price stability for workflows that require predictable transaction values. This digital asset supports use cases including invoice settlements, payroll, and commerce between agents, leveraging the same core features that move XRP. RLUSD can also be exchanged effortlessly for other assets via XRPL’s decentralized exchange (DEX), without depending on outside bridges.

AssetTypeMain UseExchange OptionXRPNative CoinSettlement, Transaction FeesNative DEXRLUSDStablecoin (USD-backed)Price Stability for PaymentsNative DEXEvery AI agent transaction on XRPL boosts network activity, driving demand for XRP as a settlement asset. The ledger has operated nonstop since 2012 with no transaction rollbacks, offering institutions a stable platform for deploying capital-efficient agents.

Outlook for XRPL and ecosystem growthAkinyele emphasized the present momentum, encouraging developers to take advantage of the expanding merchant base and transaction volumes. Newcomers to the space have an opportunity to engage with a flourishing community of agents and merchants driving usage on the XRPL.

Crypto markets reversed course during the week, with Bitcoin falling from the $87,000 area toward $80,000 as selling pressure intensified. By Oct. 10, BTC had recovered to around $83,000, but the broader market remained under pressure.

Ripple and the XRP Ledger delivered several important infrastructure updates, including a new account-delegation feature and developments in institutional adoption. Shiba Inu, meanwhile, struggled to maintain its early-October gains as technical indicators weakened.

Ripple-backed Evernorth scheduled for Nasdaq listing on October 12Evernorth, the Ripple-backed company building an XRP-focused digital asset treasury, has completed its merger with Armada Acquisition Corp. II, according to a regulatory filing. 

HOT Stories

The company expects to begin trading on Nasdaq under the ticker XRPN on Monday, Oct. 12. The transaction brings together Evernorth, Pathfinder Digital Assets, Ripple, Armada and two merger subsidiaries. Under the deal structure, Pathfinder and the former Armada entity became wholly owned subsidiaries of Evernorth. 

The transaction is associated with approximately 473 million XRP and $300 million in cash proceeds, providing Evernorth with resources to pursue its digital asset treasury strategy.

The merger represents a step toward bringing XRP-focused treasury exposure to public-market investors.

Bitcoin slides to October Low Bitcoin fell to an October low of $80,420 on Oct. 9 before recovering toward $83,000. U.S. authorities transferred 17,733 BTC, worth about $1.484 billion, to Coinbase Prime as market pressure mounted.

The move coincided with a sharp derivatives-market correction. Forced closures wiped out approximately $859 million in long positions, accounting for 86% of total liquidations reported in the article. U.S. spot Bitcoin ETFs also recorded $244.13 million in net outflows during Thursday's session, adding to concerns about institutional demand.

By Oct. 10, Bitcoin had bounced from around $80,300 and was trading near $82,949. The $80,000 level remained an important support area, while $87,000 continued to act as resistance. 

Ripple activates new XRP Ledger feature The XRP Ledger introduced PermissionDelegationV1_1, a feature designed to let businesses delegate specific account permissions to third-party applications without exposing their master keys.

The upgrade allows firms to assign up to 10 roles to external applications, potentially simplifying institutional account management while preserving control over sensitive credentials. Its activation on Oct. 8 came amid other developments involving Ripple's institutional strategy and the broader adoption of tokenization infrastructure.

Ripple also moved 200 million XRP between its own addresses before sending 20 million XRP to a new address. The transfers attracted attention as the network's technical upgrades continued, although the transactions alone did not establish a change in Ripple's market strategy.

Market updateAltcoinsXRP showed relative resilience during the sell-off. On Oct. 9, the token held around $1.39 to $1.40, while many other large-cap altcoins suffered steeper losses. Part of the market's attention can be attributed to XRP's institutional developments and the approaching Nasdaq debut of Evernorth, an XRP treasury company. 

By Oct. 10, XRP had fallen from the $1.50 area and was trading near $1.38, around its 200-day moving average. The $1.33 to $1.40 range became an important area to watch, with a move above $1.46 needed to demonstrate stronger short-term momentum. 

Shiba Inu also weakened. SHIB fell below its 200-day moving average after failing to hold above $0.00000600. The token rebounded from around $0.00000510, but weak volume suggested that buyers had not yet regained control. Its 100-day moving average near $0.00000529 emerged as immediate support. 

Market dataBitcoin: $82,949 on Oct. 10

XRP: $1.38 on Oct. 10

Shiba Inu: $0.00000536 on Oct. 10

Total liquidations: $859.17 million on Oct. 9, including approximately $740 million in long positions

U.S. spot Bitcoin ETF flows: -$244.13 million on Oct. 8

Regulation newsEU crypto firms face deadline for noncompliant stablecoinsThe European Securities and Markets Authority (ESMA) is requiring crypto firms operating in the EU to close positions in stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA) by Jan. 8, 2027.

The deadline adds pressure on exchanges and other crypto service providers to review their supported stablecoins and adjust their offerings. The issue is particularly relevant for platforms serving European customers, where compliance requirements increasingly shape which digital assets can be offered.

OpinionsHYPE has pulled back from its September record near $98, but the token remains one of the strongest large-cap crypto assets, supported by rising Hyperliquid activity.

Will HYPE price rally in October?

Important datesOct. 12Evernorth's planned Nasdaq listing under the XRPN ticker.