Market Signal Briefing

XRP stalled under $3, pressured by large exchange reserves and bearish crowd sentiment. Long-term XRP supporters still await a breakout, while traders retain 80% long positions.

YZi Labs, a venture capital firm founded by Binance co-founder Changpeng “CZ” Zhao, is launching a $1 billion fund for founders in the BNB ecosystem amid the token skyrocketing to all-time highs.

YZi Labs announced Wednesday a $1 billion Builder Fund to double down on founders in the BNB (BNB) ecosystem, particularly on the BNB Chain.

“BNB ecosystem represents the next phase of digital infrastructure, where decentralization, on-chain scalability converges with security and real distribution,” YZi Labs head Ella Zhang said.

The fund’s launch came shortly after BNB, the native token of the Binance-backed BNB Chain, became the third-largest cryptocurrency by market cap on Tuesday, adding at least $40 billion in market value in October.

YZi Labs is a serial BNB ecosystem supporterFormerly known as Binance Labs, YZi Labs has played a crucial role in reinforcing momentum in the BNB ecosystem, funding multiple projects, including Binance-linked decentralized exchange (DEX) PancakeSwap.

YZi Labs has also backed ListaDAO, a decentralized finance (DeFi) protocol on the BNB Chain, the blockchain infrastructure project Aspecta (ASP) and Aster, a multichain DEX that was recently delisted by major crypto data aggregator DefiLlama.

BNB Ecosystem funding by YZi Labs. Source: YZi LabsAdditionally, YZi Labs has been advancing institutional BNB participation through projects like BNB Digital Asset Treasury (DAT), the RWA [real-world asset] fund by China Renaissance and the BNB Yield Fund by Hash Global.

$1 billion for multiple sectors According to YZi Labs’ Zhang, the new $1 billion fund targets supporting BNB builders across multiple sectors, including DeFi, RWA, AI and decentralized science (DeSci). The funding will also seek to support BNB Chain-based payments and wallets, the announcement noted.

As part of the funding, BNB Chain’s flagship accelerator, Most Valuable Builder (MVB), will operate under YZi Labs’ Easy Residency global incubation program as a dedicated track for BNB builders.

Together, MVB and Easy Residency will create a unified program offering up to $500,000 in funding and direct access to the YZi Labs and BNB Chain team, alongside YZi Labs’ network of investors, mentors, partners and user ecosystem.

“We look for early-stage founders building for the long term, with strong conviction, execution capability, and clear product-market alignment,” a spokesperson for YZi told Cointelegraph. The representative noted that the fund will be progressively deployed starting immediately.

Does YZi handle CZ’s BNB, estimated at $116 billion?While YZi Labs has over $10 billion in assets as a global venture capital platform, the company also reportedly manages billions in assets for Binance co-founders CZ and Yi He, according to a report by Bloomberg in January.

Although YZi denied functioning as a family office in January, Zhang had previously reportedly claimed that YZi had been turned into “purely a family office investment vehicle.”

“While the capital originates from CZ, YZi Labs’ structure and operations differ from a traditional family office,” a spokesperson from YZi told Cointelegraph, highlighting focus on progressive investments and incubation programs.

Amid BNB posting new historic highs above $1,300, CZ’s personal wealth from BNB exposure has ballooned by billions. With BNB’s market cap reaching a record-breaking $182 billion on Tuesday, CZ may hold about $116 billion in the crypto asset, as previous reports suggested that he held at least 64% of the BNB supply as of June 2024.

Source: BubblemapsCZ is far from being the only one that profited from BNB’s market surge. According to the onchain analytics platform Bubblemaps, at least 70% of BNB Chain traders are currently in profit, with 40 traders each earning $1 million.

Magazine: Hong Kong isn’t the loophole Chinese crypto firms think it is

As the TRUMP coin continues to slide, its developers are shifting focus toward long-term token accumulation.

The total market capitalization plunged below $4.3 trillion.

The cryptocurrency market, which had been booming since the start of October, took a step back over the past 24 hours.

Bitcoin (BTC) briefly tumbled under $121,000, whereas Ethereum (ETH) and other popular altcoins registered even more substantial losses.

BTC Heads South
The start of the business week offered additional gains to the primary cryptocurrency, whose price tapped a new all-time high of over $126,000 on October 6. The bulls, however, could not maintain the momentum, and the valuation has been on a downtrend since then.

A few hours ago, BTC tumbled to as low as $120,700 before rebounding to the current $121,700 (per CoinGecko’s data), representing a 2% decline on a daily scale.

BTC Price, Source: CoinGecko
We have yet to see whether that is a healthy pullback or the beginning of a bearish trend. The massive inflows into spot BTC ETFs and the shrinking amount of coins stored on crypto exchanges suggest the first scenario is more likely.

Following the latest correction, Bitcoin’s market capitalization plunged to approximately $2.42 trillion. Its dominance over the altcoins remains relatively unchanged at around 56.9%.

ETH Loses an Important Resistance Level
The majority of the leading altcoins have followed BTC’s trajectory. Ethereum (ETH) dipped by 5% over the past day and plunged below $4,500. Ripple’s XRP retraced by 4% to $2.86, whereas Solana (SOL) and Dogecoin (DOGE) are down by 2-3%.

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Bitcoin (BTC) Taps a New ATH Above $126K, These Alts Head South: Market Watch

Bitcoin (BTC) Slips Below $124K, Binance Coin (BNB) Jumps to a New ATH: Market Watch

Bitcoin Smashes Weekly Inflow Records with $3.55 Billion Surge

Plasma (XPL) is the biggest loser from the top 100 club with a daily drop of 11%. World Liberty Financial (WLFI) and Pi Network (PI) come next with dips of 9% and 8%, respectively.

However, some alts remain in green territory. Binance Coin (BNB) is up 6% for the day and trades well above $1,300. As CryptoPotato reported, it has become the third-biggest cryptocurrency after flipping Ripple’s XRP and USDT (the stablecoin issued by Tether). PancakeSwap (CAKE), Mantle (MNT), and Aster (ASTER) have also posted significant gains.

The total market capitalization of the sector has tumbled by 2% over the last 24 hours and stands at roughly $4.27 trillion.

Cryptocurrency Market Overview, Source: QuantifyCrypto

Three Indonesian international schools received bomb threats from an unknown sender, who demanded a ransom of $30,000 worth of BTC sent to the same crypto address.

Summary

Three international schools in Indonesia received fake bomb threats demanding $30,000 in Bitcoin from a number traced to Nigeria.
Authorities found no explosives at any of the schools, and investigations revealed the provided Bitcoin address was invalid, with the suspect still unidentified.

Three international schools in Indonesia were targeted by criminals claiming to have planted a bomb within school grounds. The unknown number sent a broadcasted message to all three schools, demanding ransom money to be sent to them via a Bitcoin (BTC) address.

According to reports from local media, the message was sent by the bomber through WhatsApp from a telephone number which appears to have originated from Nigeria as it bears the code +234. Written in English, the message threatened school staff to pay the bomber $30,000 in BTC or they would set off bombs that they claimed were planted within the school.

“A message for EVERYONE. We have bombs in your school. The bombs are set to go off in 45 minutes if you do not agree to pay us $30,000 to our Bitcoin address,” wrote the bomber in a WhatsApp message shared to the media.

The same message was sent to three schools, one located in North Jakarta while the other two are situated around the outskirts of the city, within the South Tangerang area. The identical messages contained the same BTC address.

“If you do not send the money! We will blow up the device immediately,” wrote the attacker.

Moreover, the unknown sender also warned school officials against calling the police, as they claim that they will set off the bombs immediately if they discover authorities have gotten involved. Despite these threats, the schools called local law enforcement to take care of the bomb threat.

A missing BTC address and a police bomb search
Police officers were dispatched to the three school locations upon receiving reports of a bomb threat. After a thorough search and rescue operation, which involved the police department’s Bomb Disposal Team or Jibom, authorities confirmed that there were no explosives or bombs found anywhere within the three schools.

“We conducted a sweep and secured the area, thank God, but no explosives or bombs or anything similar were found,” said South Tangerang Police Chief AKBP Victor Inkiriwang to reporters.

Kelapa Gading Police Chief, Commissioner Seto Handoko, stated that his team had conducted similar investigations at the North Jakarta Intercultural School, which uncovered no bombs on-site.

“The sterilization results are safe, there are no bombs,” Seto said separately.

As for the attached Bitcoin address, authorities collaborated with a national crypto association and tasked them with tracking down the criminal’s wallet address. On-chain tracking results revealed that the BTC wallet address attached to the messages is invalid and could not be found on any Indonesian crypto exchanges.

At the time of writing, the police have yet to uncover the true identity of the sender and the motive behind the bomb threats. Investigations are still on-going, however no new threats have arisen among other Indonesian schools thus far.

Key NotesFight Fight Fight LLC is reportedly planning a large accumulation of TRUMP meme coin to boost the price rise.Promoter Bill Zanker is seeing renewed attention for the TRUMP token, which is currently trading 90% below its January 2025 peak.Despite market weakness, the token shows signs of renewed activity, with trading volume surging over 100% to $517 million.
The Official Trump (TRUMP) meme coin has been struggling under $10 for quite some time, and is soon to get a $200 million treasury boost. According to the latest Bloomberg report, Fight Fight Fight LLC, the startup behind the TRUMP token, is planning a $200 million fundraising to build a crypto treasury firm, which will accumulate large quantities of TRUMP coin.

Startup Behind TRUMP Meme Coin Eyes $1 Billion Raise
Bill Zanker, a close ally of Trump, is spearheading efforts to raise between $200 million and $1 billion to support the TRUMP meme coin.

Sources familiar with the matter stated that the deal remains in development at this point and may not necessarily proceed. The Official Trump meme coin has been struggling and is trading 90% lower than its all-time high in January 2025. Another Trump family project, World Liberty Financial (WLFI), has also been under selling pressure recently.

Thus, the new digital asset treasury (DAT) firm under consideration by Zanker and his team, marks the latest move to stabilize and boost the token’s price. In May, Donald Trump attended a private dinner with top holders of the token. Ahead of the event, Fight Fight Fight LLC maintained a public leaderboard of leading holders and promoted the competition across social media.

Zanker planned for a Trump-branded digital asset wallet. However, these plans were reportedly delayed after a dispute with another Trump-linked venture, World Liberty Financial (WLF).

Will TRUMP Price Pick Up from Here?
The Official Trump (TRUMP) cryptocurrency token is displaying a significant technical setup on its daily chart. As shown in the image below, the meme coin will gain upside momentum following a breakout from the descending wedge pattern.

Trump meme coin eyes breakout | Source: Bitcoin Daily

The 24-hour trading volume has surged by more than 100% to $517.09 million, representing healthy liquidity relative to the market cap. Moreover, the volume-to-market-cap ratio of 0.28 indicates active trading interest.

The supply of the Trump token remains largely restricted, with only about 35% currently unlocked, according to Messari. This portion gives the token a circulating market value of approximately $1.5 billion.

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

Meme Coin News, Cryptocurrency News, News

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X

7 minutes ago

Ethereum’s validator exit queue has surged to a record $10 billion, but institutional participants, such as Grayscale, are stepping in to replace the exodus.

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Ethereum recorded its largest validator exit on record this week, with more than 2.4 million Ether worth over $10 billion awaiting withdrawal from its proof-of-stake network, but institutional participants are stepping in with billions in the validator entry queue.

Ethereum’s exit queue surpassed 2.4 million Ether (ETH) worth over $10 billion on Wednesday. The spike in exits extends the validator queue time to more than 41 days and 21 hours, according to blockchain data from ValidatorQueue.com.

Validators are responsible for adding new blocks and verifying transactions on the Ethereum network, playing a critical role in its operation.

Ether validator queue. Source: validatorqueue.com$10 billion Ethereum exit queue raises sell pressure concernsThe surge in pending withdrawals has sparked renewed concern over potential sell pressure for Ether holders.

While this does not mean that all validators are looking to take profit, a significant amount of the $10 billion may be sold, considering that Ether’s price has risen 83% over the past year, according to Cointelegraph’s price index.

ETH/USD, one-year chart. Source: CointelegraphAdding to the concerns about selling pressure, the validator exit queue is approximately five times larger than the Ethereum entry queue, which currently holds over 490,000 Ether set to be staked, with a wait time of eight days and 12 hours.

Ethereum entry queue versus exit queue. Source: validatorqueue.comWhile short-term selling pressure concerns persist, the $10 billion withdrawal does not threaten the Ethereum network’s stability, which still boasts over one million active validators staking 35.6 million Ether, or 29.4% of the total supply.

The development comes a day after Grayscale staked $150 million in Ether on Tuesday, following the crypto-focused asset manager’s introduction of staking for its Ether exchange-traded products, making it the first US-based crypto fund issuer to offer staking-based passive income for its funds.

On Wednesday, Grayscale deposited another 272,000 Ether worth $1.21 billion into the staking queue, meaning that the company accounts for “the majority of coins currently awaiting staking activation,” according to onchain analyst EmberCN.

Source: EmberCNDespite the ballooning validator exits, Ether’s momentum continues to be driven by institutional inflows via exchange-traded funds (ETFs) and corporate treasuries, Iliya Kalchev, dispatch analyst at digital asset platform Nexo, told Cointelegraph:

“Institutional and corporate treasuries now hold over 10% of ETH’s total supply, while October ETF inflows have already exceeded $620 million.”“The data reflect Ethereum’s evolution into a yield-bearing, institutionally recognized asset used both for infrastructure and collateral purposes,” he added.

Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’

TLDR:

CleanCore Dogecoin Treasury now holds over 710M DOGE with $20M in unrealized gains since its September launch.
The firm raised $175M in private placement to accelerate its one-billion Dogecoin accumulation plan.
Bitstamp by Robinhood powers CleanCore’s Dogecoin Treasury trades under a new strategic alliance.
House of Doge is driving new Dogecoin utility programs for long-term ecosystem stability and adoption.

CleanCore Solutions has strengthened its Dogecoin Treasury after a month of steady accumulation. The company said its current holdings exceed 710 million DOGE, putting it closer to its target of one billion coins. 

Backed by the Dogecoin Foundation and its corporate partner House of Doge, the Treasury has already recorded more than $20 million in unrealized gains. The update reflects growing institutional involvement around Dogecoin’s expanding role as a utility-driven digital asset.

CleanCore Expands Dogecoin Holdings with Bitstamp Partnership
According to CleanCore’s latest press release, the Treasury’s buildup follows a $175 million private placement completed on September 5, 2025.

The company explained that proceeds were used to fund the disciplined purchase of Dogecoin, with Bitstamp by Robinhood serving as its official trading venue. This alliance was formed to ensure transparency and compliance while securing the Treasury’s growing asset base.

CleanCore CEO Clayton Adams said the accumulation process aligns with the long-term strategy of the House of Doge, which seeks to position DOGE as both a transactional and reserve asset. 

The company stated that its focus extends beyond short-term valuation, targeting sustainable market capitalization growth relative to net asset value.

The Treasury program, launched just a month ago, continues to build momentum. Insiders and House of Doge affiliates hold most of the registered shares, which remain restricted or locked up as the firm works with regulators to process registrations.

Dogecoin Price Trends as Treasury Grows
At press time, Dogecoin traded at $0.2478 with a 24-hour volume of $3.76 billion, according to data from CoinGecko. Prices declined 4.85% in the last day but gained 3.17% across the past week.

Dogecoin price on CoinGecko
Market watchers such as @BullRunnner77 noted DOGE’s current technical setup, mentioning a possible bullish triangle and a nearing two-day golden cross. Historical patterns show such formations often precede large price surges, but analysts caution that retail sentiment remains uncertain.

CleanCore’s ongoing accumulation comes as Dogecoin’s ecosystem looks to unlock new use cases through the House of Doge initiative. The firm said it aims to develop yield-bearing opportunities through professional treasury governance while maintaining transparency in its operations.

Key NotesAnalysts expect a strong bull run for Sei, similar to Sui in 2024.Sei is still down by 75% from its ATH of $1.14.The asset’s price chart shows a double-bottom formation.
Sei

SEI
$0.28

24h volatility:
5.3%

Market cap:
$1.73 B

Vol. 24h:
$177.44 M

, the native token of the purpose-built layer-1 blockchain built for trading applications, is seeing expectations of a strong bull run.

Ali Martinez, a well-known crypto analyst, pointed out the similarities between SEI and Sui

SUI
$3.48

24h volatility:
3.2%

Market cap:
$12.61 B

Vol. 24h:
$1.25 B

price charts in an X post on Oct. 8.

$SEI is starting to look like $SUI in 2024! Get ready for a massive bull run. pic.twitter.com/Qpi1zdDWXO

— Ali (@ali_charts) October 8, 2025

Martinez says that SEI’s chart pattern looks very similar to SUI’s 2024 momentum, when SUI recorded a massive rally from around $0.75 in January 2024 to an all-time high of $5.35 on Jan. 6, 2025.

Another analyst, who goes by Mister Crypto, showed the double-bottom formation on the SEI s price chart between May 2024 and June 2025.

Textbook double-bottom on $SEI.

A breakout is imminent! pic.twitter.com/pwGpUrSOLl

— Mister Crypto (@misterrcrypto) October 7, 2025

Historically, this formation is similar to what pushed the SUI price.

Two Different Stories
Sui brought huge attention to the layer-1 space as it offered a highly scalable development platform. In simple terms, it is a low-cost blockchain designed to make it easy for anyone to create and use apps, games, and digital assets that run smoothly and securely.

On the other hand, Sei’s application is more niche. The blockchain is built to power trading-focused apps, which give users faster transactions and lower fees for decentralized finance and exchange activity.

Last month, Sei joined forces with Crypto.com exchange and Chainlink for institutional-grade custody and to bring the US government economic data on-chain.

SEI is currently trading at $0.28 with a market capitalization of $1.72 billion. The altcoin would need to reach a market cap of at least $12 billion to match the SUI price rally.

While the technical and fundamental patterns look bullish for SEI, it’s also very important to keep an eye on the macro scene due to its high impact on financial markets.

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

Cryptocurrency News, News

Wahid has been analyzing and reporting on the latest trends in the decentralized ecosystem since 2019. He has over 4,000 articles to his name and his work has been featured on some of the leading outlets including Yahoo Finance, Investing.com, Cointelegraph, and Benzinga. Other than reporting, Wahid likes to connect the dots between DeFi and macro on his newsletter, On-chain Monk.

Wahid Pessarlay on X

Bitcoin ETFs are still holding strong, continuing their trend of inflows despite the recent dip in the asset’s price.

Summary

Bitcoin price has dipped to $122,200, retreating from a $126,198 high amid fresh selling pressure.
U.S.-listed Bitcoin ETFs are still recording inflows, pulling a total of $875.6 million on Oct. 7.
Despite the pullback in price, BTC remains bullish, with support at $120,000 and RSI cooling to 63.35 after nearing overbought levels.

Bitcoin ETFs have posted another day of inflows, recording a total of $876.5 million during the latest trading session on October 7. This marks the seventh consecutive day of gains for the funds, adding to the $4.43 billion attracted over the past six days amid Bitcoin’s recent rally.

Data from SoSoValue shows that BlackRock’s IBIT made up the lion’s share with $899.4 million, followed by Valkyrie’s BRRR with a far more modest $4.8 million. Grayscale’s GBTC offset the positive figures with roughly $28.6 million in outflows, marking the only fund with withdrawals.

Meanwhile, the rest of the eight funds, including Fidelity, Invesco, and Bitwise, posted no net activity. The latest performance suggests that profit-taking is already picking up among institutional investors, along with broader cooling as the asset’s price retreats from the month’s peak.

Bitcoin price drops on daily chart
At the time of writing, the flagship cryptocurrency trades at $122,392, down 1.5% over the past 24 hours, per crypto.news data. The decline follows a near two-week rally that began from the $108,000 region. Today’s bearish candle reflects hesitation around the $124,000 resistance level, where BTC (BTC) faced rejection before sliding lower.

Despite the retreat, indicators suggest the correction is healthy. The RSI, which recently peaked above 70, has now cooled to 63.35, showing that momentum is resetting. Volume has also declined, indicating the sell-off lacks strong conviction.

Bitcoin price chart | Source: crypto.news
Meanwhile, the MACD remains in bullish territory, with the histogram still widening and the MACD line comfortably above the signal line. So long as Bitcoin holds above $120,000, the broader structure stays bullish, and the market may simply be consolidating before another move up.

However, if the price breaks below $119,500, a deeper pullback toward $116,000–$117,000 could unfold, which served as a base during the last consolidation. On the upside, reclaiming $124,000 could reignite bullish momentum toward $126,000–$128,000.

21Shares reported that Solana generated more than $2.8B in annual revenue, surpassing Ethereum's.

Journalist

Posted: October 8, 2025

Key Takeaways
Why are analysts bullish on BTC in Q4 2025 and early 2026?
U.S. fiscal debt and policy concerns could fuel BTC and other safe havens. 

What’s the most conservative BTC price target? 
There was a 77% chance of hitting $130K this year. 

Bitcoin [BTC] printed another ATH (all-time high) above $126K on the 6th of October. The cryptocurrency had cooled off to $122K as of the time of writing.

Still, the market was pricing a 77% chance of rallying to $130K. 

Source: Polymarket

According to analysts, the ongoing investor interest in gold, silver, and Bitcoin, the so-called ‘debasement trade,’ could boost the crypto asset.  

The ‘debasement trade’ effect
The term was first introduced by JPMorgan analysts, who noted that investors were growing increasingly concerned about U.S. fiscal policy and rising debt levels. 

In response, many began turning to traditional safe-haven assets to hedge against exposure to the U.S. dollar.

Gold, in particular, has surged since August, jumping 11% in September following a 25 basis point rate cut by the Federal Reserve. It has since added another 3% and is now approaching the $4,000 mark. 

This rally highlights deepening investor anxiety over the state of the U.S. economy and its fiscal outlook.

In a recent Bloomberg interview, Ken Griffin, founder of hedge fund Citadel, called it the ‘de-dollarizing’ from U.S. risk. 

“We’re seeing substantial asset inflation away from the dollar as people are looking for ways to effectively de-dollarize, or de-risk their portfolios vis-a-vis U.S. sovereign risk.”

In most cases, BTC always lags behind gold rallies, but tends to play catch-up later on. 

Another macro data set that supported a potential BTC surge was the rising bond yields.

These are interest rates paid by the U.S. government on its borrowed loans. A rate spike always flags investor uneasiness with the government’s overall policy direction. 

Source: Streno Research

That said, some analysts believe that President Donald Trump will replace Fed chair Jerome Powell in early 2026 to help manage the bond yields. But a potential investor flight from such a move could lift BTC and gold higher. 

In fact, Galaxy’s Mike Novogratz projected that the crypto asset could explode to $200K if Powell is replaced with a more dovish nominee in early 2026. 

In the near-term, however, the Swissblock analysts forecast a likely BTC consolidation above $117K-$120K, before extending the rally. 

“What is the key this week? Hold structure, cool momentum, and build the base for Q4 expansion.”

Source: Swissblock

Key points:

Bitcoin price action stays lower after falling over 4% in hours.

Liquidity is already recovering, with short-term volatility increasingly likely as a result.

BTC price predictions see a local bottom forming as low as $114,000.

Bitcoin (BTC) struggled to reclaim $122,000 on Wednesday as exchange users bet on fresh BTC price volatility.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Bitcoin tracks sideways after all-time high tumbleData from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after a snap 4.2% correction the previous day.

This had been broadly expected given successive all-time highs without serious upward momentum.

As Cointelegraph reported, rapidly increasing open interest (OI) on derivatives markets had added to suspicions that Bitcoin could retrace a chunk of its recent upside.

Exchange Bitcoin futures OI (screenshot). Source: CoinGlass“Very efficient price action tbh hence the low volatility thus far,” trader Skew commented in an X post Tuesday as the correction took shape.

Skew subsequently noted “predatory” behavior by large-volume traders on exchange order books.

Clear PvP -> Predatory price action on-going here via binance market on $BTC

spoofing on the ask aka above price on spot
spoofing on the bid aka below price on perps

How the predatory strategy works?
Aim is to temporarily hold or lift price via perps & then push market lower by…

— Skew Δ (@52kskew) October 7, 2025
Overnight, however, liquidity began to flow back into the market, with data from CoinGlass showing thickening bid-side and ask-side liquidity at the time of writing.

BTC liquidation heatmap. Source: CoinGlassSkew suggested that a “consolidation range” may result.

BTC price support puts $114,000 back in focusOthers considered where BTC/USD could put in a reliable local floor, warning that this may be significantly below the current spot price.

“Between $121K–$120K there isn’t much support, which means price can cut through quickly if selling picks up,” trader ZYN reported on X

“But just below, around $117K, nearly 190K BTC were last bought. That’s a heavy cluster of recent buyers.”Bitcoin cost basis distribution heatmap. Source: ZYN/XZYN used the cost basis of recent buyers to predict where demand should shore up the price. 

“If we get a pullback into that range, it’s the kind of zone where demand usually shows up strong buyers defending their entries, new capital stepping in. In short: weak cushion at $121K, but a very real floor forming at $117K,” he concluded.

Using its proprietary trading signals, trading resource Material Indicators also flagged $120,000 support, but said that a stronger foundation for a bounce lay at $114,000, near Bitcoin’s 50-day simple moving average (SMA).

BTC/USD one-day chart. Source: Material Indicators/XFor crypto trader, analyst and entrepreneur Michaël van de Poppe, the next buy zone extended down to $118,000.

“Bitcoin made a new all-time high, which is often a reference for people to be taking profits,” he reasoned. 

“Slight pullback and we're approaching my personal area of interest for potential dip buying.”BTC/USDT one-day chart with trading volume, RSI data. Source: Michaël van de Poppe/XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

In Brief

YZi Labs unveils $1B Builder Fund to accelerate innovation across the BNB ecosystem.

EASY Residency Season 2 expands globally, offering $500K funding and mentorship access.

BNB Chain hits 26M daily transactions as network upgrades boost speed and adoption.

YZi Labs has launched a $1 billion Builder Fund to accelerate innovation and support long-term founders within the BNB ecosystem. The initiative focuses on sectors such as DeFi, AI, DeSci, payments, and real-world assets, leveraging BNB Chain’s scalable and low-cost infrastructure.

The fund aims to provide developers with enhanced tools, funding, and integrations across BNB’s 460 million user network. It also reinforces YZi Labs’ mission to integrate Web3, AI, and biotech advancements into practical solutions that drive global digital transformation.

YZi Labs (formerly Binance Labs) announced a $1B Builder Fund to double down on founders in the BNB Ecosystem, especially on BNB Chain. The fund will support BNB-based innovation through capital, tools, integrations, and its 460 million-user ecosystem, focusing on areas such as…

— Wu Blockchain (@WuBlockchain) October 8, 2025

BNB Chain continues to reach new milestones, recording 26 million daily transactions and ranking first in decentralised exchange trading volume. The network’s Maxwell Hardfork improved block speeds to 0.75 seconds and reduced transaction fees to 0.05 Gwei, boosting adoption.

EASY Residency Expands Global Reach and Builder Support
The Builder Fund coincides with the launch of EASY Residency Season 2, designed to expand programs in New York, San Francisco, Dubai, and Singapore. It incorporates the Most Valuable Builder (MVB) initiative, offering up to $500,000 in funding and direct access to YZi Labs’ global network.

Ella Zhang, Head of YZi Labs, said the BNB ecosystem represents the next phase of digital infrastructure, combining decentralization and scalability. She emphasised that the $1 billion fund will empower founders building open, secure, and human-centred technological systems.

Applications for the EASY Residency and MVB Track are now open on a rolling basis for global innovators. The joint program aims to strengthen collaboration between builders, investors, and mentors, supporting the next wave of products in the BNB ecosystem.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

10h05 ▪
5
min read ▪ by
Fenelon L.

Summarize this article with:

Despite a correction of more than 4% after a historic peak at $126,219, bitcoin maintains a solid bullish momentum, supported by robust institutional fundamentals. Massive flows to ETFs and renewed Wall Street confidence paint the picture of a maturing market. From Citibank to JPMorgan, the giants of American finance now anticipate a rise to $150,000 by December.

In brief

Bitcoin lost 4.2% on Tuesday after its historic peak of $126,219, a normal technical consolidation after a weekly gain of 12.5%.
Bitcoin ETFs recorded record weekly inflows of $3.55 billion, bringing assets under management to $195.2 billion.
BTC reserves on exchange platforms have dropped to their lowest level in five years, signaling continued investor accumulation.
Citibank and JPMorgan respectively project $181,000 and $165,000 for Bitcoin in the next 12 months.

Strong decline in Bitcoin despite solid bullish signals
The bitcoin price recorded a 4.2% correction on Tuesday, after reaching a new historic high the day before. This decline occurs amid growing global economic uncertainty.

However, far from reflecting weakness, the derivatives data reveal a surprisingly healthy market structure. Professional traders are not rushing into excessively leveraged positions, which paradoxically is a positive sign.

Monthly futures contracts on bitcoin hold an annualized premium of 8% compared to spot markets. This range, between 5% and 10%, corresponds to a balanced market. 

During periods of excessive euphoria, this spread climbs above 20%. Conversely, bearish phases push it below 5%, even into negative territory. The current moderation suggests that the recent rise is not based on runaway speculation.

This caution in derivative markets provides a valuable safety cushion. It limits the risk of cascading liquidations if prices continue to fall. More importantly, analysts believe that the rebound since testing $109,000 at the end of September relies on real capital flows rather than speculative leverage.

Open interest on futures contracts currently reaches $72 billion. Despite a slight 2% decline since Monday, this volume remains solid. A deep and liquid derivative market is a crucial prerequisite to attract hedge funds and institutional asset managers to bitcoin.

Institutions accumulate while available supply evaporates
Institutional adoption of bitcoin is reaching new milestones. Spot exchange-traded products (ETFs) recorded weekly net inflows of $3.55 billion, pushing assets under management to $195.2 billion. 

Weekly net flows of ETFs and ETPs by asset, expressed in millions of dollars. Source: CoinShares
For comparison, all investment products indexed to silver — notably ETFs like iShares Silver Trust — represent about $40 billion in assets under management. A contrast that highlights the scale shift between traditional precious metals and bitcoin.

Major American banks have radically changed their stance. Citibank forecasts $181,000 in its base scenario for the next 12 months, with an optimistic scenario at $231,000. 

JPMorgan considers bitcoin undervalued and believes it should already trade around $165,000 if compared to gold. These forecasts rely on the “Debasement Trade” strategy, a bet on the depreciation of national currencies amid growing public debt accumulation.

Companies continue their strategic accumulation. Firms like Strategy and Metaplanet keep buying BTC as a reserve asset. These moves strengthen bitcoin’s status as an independent asset class.

Moreover, bitcoin reserves on exchange platforms have dwindled to their lowest level in five years. Glassnode estimates these balances at 2.38 million BTC, down from 2.99 million one month ago. 

This decline of about 600,000 BTC indicates massive accumulation. Less bitcoin available for immediate sale mechanically means increased upward pressure on prices.

Evolution of Bitcoin balance held on exchange platforms. Source: Glassnode
A high-tension end of the year
 Trading volumes remain at exceptionally high levels, proof of sustained interest. American ETFs daily trade about $7 billion, a 200% increase year over year. 

On platforms like Coinbase and Binance, volumes reach $70 billion per day, up 130%. Even the Bitcoin network records $22 billion in direct daily exchanges, with approximately 500,000 transactions.

Geographical adoption is expanding rapidly. Spanish bank BBVA, managing $900 billion in assets, has integrated bitcoin trading into its mobile app. In Russia, the Moscow exchange advocates lifting restrictions to open BTC purchasing to individuals, as part of a strategy to develop alternatives to the SWIFT network.

The current technical consolidation does not undermine the underlying bullish momentum. On the contrary, it helps clean the market by eliminating fragile positions. The longer bitcoin holds sustainably above $120,000, the stronger investor conviction becomes. Fundamentals remain intact: record institutional adoption, tightening supply, stable derivative market, and big bank support.

In short, the $150,000 milestone is no longer a fantasy. It is now a credible target that bulls actively aim for by the end of the year. The question is no longer “if” but “when.”

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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.

BNB surged to $1,287 as the “Super Cycle” narrative exploded across crypto media, fueling massive BSC activity and meme coin mania.Analysts warn BNB’s rise mirrors FTT’s 2022 bubble, citing unregulated growth, weak fundamentals, and speculation-driven capital rotation across chains.On-chain sentiment shows declining confidence and shorter holding periods, suggesting hype, not conviction, fuels Binance’s latest rally phase.Binance’s BNB token is establishing new highs daily, forging into price discovery with steady prospects for more gains. However, not everyone is buying the story.

The so-called “BNB Super Cycle” has sent prices and meme-fueled hype soaring, yet a growing number of analysts and traders are calling it the next bubble waiting to burst.

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BNB Moonshot Fuels a Backlash: Traders Warn of ‘Supercycle Hype’The BNB price recently hit fresh highs, trading for $1,287 as of this writing, up by almost 3% in the last 24 hours.

BNB Price Performance. Source: BeInCryptoThe surge has pushed the Binance Smart Chain (BSC) ecosystem into overdrive. Data shows the BSC chain led decentralized exchange (DEX) volumes with over $6 billion in 24 hours.

Meanwhile, the BNB Supercycle movement gained viral momentum after Binance founder Changpeng “CZ” Zhao tweeted, “BSC stands for?” to which the community replied, “BNB Super Cycle.”

The frenzy ignited a full-blown rally. Within hours, meme token BSC launched on PancakeSwap and rocketed from under $1 million to over $32 million in market cap as top influencers piled in.

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BSC Market Cap. Source: PancakeSwap DEXCrypto analyst Stitch broke down the phenomenon, noting the importance of the timing. The analyst cited CZ’s tweet, official endorsement, influencer amplification, and community hunger for a comeback narrative as all converging.

“This was the moment the BNB community woke up — BNB is back, CZ is back, and the BNB Super Cycle begins,” they wrote.

However, beneath the euphoria, seasoned traders see troubling signs. Marty Party, a vocal market commentator, drew sharp parallels to the 2022 FTX/FTT collapse.

“Binance’s personal blockchain asset BNB surpasses BlackRock in market capitalization and is unregulated, with no USD-backed stablecoin on it. This is the next FTT, yet nothing from regulators,” he warned.

He accused Binance of operating “away from jurisdictional reach” while “manipulating all other network assets.”

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In the same tone, Seg, a pseudonymous analyst, questioned the fundamentals of the colloquial BNB Super Cycle.  

“What structural advantages does BSC have over Solana right now that have led to its uptick in degeneracy? Is it just pure vibes?” Seg stated.

Speculation Over Substance: The “Super Cycle” or Just Another Rotation?Meanwhile, Ansem, a renowned trader and popular account on X, agreed, arguing that BSC’s renewed activity is driven less by technology and more by liquidity rotation.

“BSC has zero tech advantage over Solana. Uptick in degeneracy is happening because there was previously very little capital on BSC, so there is an influx of new capital from other chains buying coins + there are not thousands of coins to buy daily + direct wealth effect from BNB all-time highs & CZ + Binance cartel bid on Aster,” Ansem explained.

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Elsewhere, trader Thomas Nguyen claims the BNB Super Cycle movement could go parabolic when the BSC meme coin’s market cap hits $1 billion.

Yet, even as price charts flash green, on-chain sentiment tells a different story. Data shows declining trader confidence, muted stablecoin flows, and shorter holding periods.

This suggests speculation, not conviction, may be driving this rally. Perhaps, it is the same speculation that is already hinting at a Binance IPO. Still, some say public listing may not be necessary because BNB already has a public market with CEA Industries among the biggest BNB whales.

BNB, CAKE & Binance meme szn?

Here’s what just happened 👇

A firm called CEA Industries (traded on NASDAQ: $BNC) now holds 480K $BNB, making it the biggest institutional BNB whale.

So now $BNB have their own public market proxy, like $MSTR for Bitcoin.

No need for a Binance… pic.twitter.com/npM6kGmfVY

— RDeni (@rostikdeni) October 7, 2025
Analysts caution that the “super cycle” narrative risks repeating the same pattern of euphoric peaks that end in steep corrections.

Amidst BNB flying high and the louder the chants of “Super Cycle,” investors should conduct their own research.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

The Pi Network price has crashed this week, continuing a downtrend that started on May 12 when it peaked at $1.6690. It plunged to a low of $0.2400, its lowest point since September 22, down by 85% from its highest point this year.

XRP trades near $2.85, testing key $2.72 support. Analysts warn of breakdown if it closes below $2.69, with $2.22 as next target.

XRP is under pressure as it nears a key support level at $2.72. The token is trading around $2.85 after a drop of nearly 5% in the past 24 hours.

Consequently, the move follows a clear rejection from overhead resistance, which has capped recent rallies.

Traders Watching the $2.72 Support Level
Crypto analyst Ali Martinez shared a chart showing XRP moving within a descending triangle. This pattern is defined by flat support at the bottom and lower highs pressing down from the top. It often signals a squeeze in price and a possible breakout once the structure is completed.

Price is now sitting just above support. A move down to $2.72 would mark another test of this level. If buyers step in, XRP could bounce toward $3. If not, a breakdown below $2.72 could open the door to lower prices. The $2.72 level has held since July, making it a point of focus for traders.

Peter Brandt Flags Breakdown Trigger
Market veteran Peter Brandt posted a side-by-side chart showing XRP’s current setup next to a similar pattern from 1946. The historical chart, showing Revere Copper & Brass, broke down after several failed attempts to move higher. Brandt compared the structure and noted,

“ONLY IF it closes below 2.69 (then I’ll be a hater), then it should drop to 2.22.”

In XRP’s case, the same setup appears to be forming. The trigger level Brandt points to is $2.68743. If price closes below that line, it would confirm a breakdown and could lead to a fall toward $2.22.

Source: Peter Brandt/X
On the 4-hour chart, XRP remains near the lower Bollinger Band, showing continued selling pressure. The middle band, near $2.96, now acts as resistance. Price has failed to recover above that point.

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The MACD is also trending lower. The MACD line is still below the signal line, and the histogram remains in red. There is no sign of a reversal at the moment.

Source: TradingView
Sentiment and Market News
As recently reported by CryptoPotato, XRP is seeing its “highest level of retail FUD” since U.S. trade tariff news six months ago. This spike in fear could be weighing on short-term demand.

Meanwhile, GraniteShares has filed for an XRP-based ETF in the U.S. The filing includes both 3x long and 3x short products, allowing traders to bet on either side of the price. The application comes as XRP tests a key support area.

Gold’s climb past $4,000 has Schiff declaring Bitcoin’s rally a “bear market bounce” that could be poised for reversal.

Peter Schiff, a long-time critic of Bitcoin (BTC) and advocate for gold, has predicted that the cryptocurrency will crash.

This comes as the precious metal achieves new highs, with its price soaring past the $4,000 mark.

Schiff Says Gold Could Rug BTC
The economist said on X that Wall Street’s enthusiasm for crypto had climbed to unsustainable levels. He suggested that with sentiment becoming excessively bullish, digital assets might find it hard to push higher.

“It’s very likely that Bitcoin and everything crypto are about to be rugged by gold,” read the post.

He added that as the metal tops $4,000, it’s likely that BTC will sell off, taking the rest of crypto with it.

The warning comes as Bitcoin’s price fell to around $121,600 on October 8, marking a decline of more than 3% from its recent all-time high above $126,000 reached at the start of the week. Schiff maintains that the leading cryptocurrency’s current surge is merely a “bear market rally,” asserting that it won’t escape that label until it reaches a new record when measured against gold. So far this year, the traditional safe-haven asset has outperformed its digital counterpart by nearly 17%.

The Bitcoin critic has previously claimed that the cryptocurrency is “not living up to its hype” as digital gold. He explained that this is because it has fallen 20% against the metal since its August peak, a drop he said puts it in bear market territory.

Crypto Community Pushes Back Against Remarks
However, the X crypto community is not in agreement with Schiff’s latest remarks. Tech entrepreneur Brian Shuster challenged Schiff’s argument, asking if it was “opposite day.” He suggested that it was actually gold, not crypto, that could be outperformed, questioning how Wall Street could be so bullish on the former when the latter’s smaller market cap gives it far more room to grow.

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The gold advocate countered that only a small percentage of investors are buying it, adding that Bitcoin and other crypto investments remain far more common.

Elsewhere, Schiff predicted that the metal’s price would skyrocket to $100,000 per ounce in the future. In an interview with The Lead-Lag Report, he stated, “If gold can go from $20 an ounce to $2,600 an ounce, it can go from $2,600 to $26,000, or to $100,000.” The economist further explained that this forecast is based on historical price movements and the declining value of the U.S. dollar.

The American financial analysis company S&P Global has partnered with DinariGlobal to launch the S&P Digital Markets 50 Index. This is S&P’s first hybrid index combining crypto and traditional stocks, designed to track both companies and digital assets in the cryptocurrency ecosystem.

Launch of S&P Digital Markets 50 IndexThe index includes 35 publicly traded firms and 15 leading cryptocurrencies. So far, only 10 of the 15 cryptocurrencies have been revealed, while S&P has not yet disclosed the names of the included companies.

Bitcoin (BTC)

Ethereum (ETH)

XRP (XRP)

Binance Coin (BNB)

Solana (SOL)

Tron (TRX)

Cardano (ADA)

Chainlink (LINK)

Avalanche (AVAX)

HYPE (HYPE)

The requirement for inclusion in the index is to have a minimum $300 million market cap for cryptocurrencies and $100 million market cap for stocks. S&P Global said that the official launch will take place in a few weeks. 

Why is the S&P Launching a Crypto Index? In a blog post, S&P revealed that the index comes as a demand for broader and more diversified exposure to decentralized financial markets. This index offers market participants consistent, rule-based tools to evaluate and gain exposure. 

Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices, said, “As with traditional financial markets, independent benchmarks can help bring transparency and accessibility to the digital asset ecosystem. With this latest expansion, S&P DJI reinforces its role as a trusted provider of benchmarks across traditional and alternative asset classes – offering market participants clarity and confidence as new markets like cryptocurrency emerge.”

Meanwhile, CEO of Dinari, Gabe Otte, revealed Dinari’s goal for the collaboration. He said Dinari’s mission is to set a standard for tokenized equities to safely enhance traditional finance. Now for the first time, investors will be able to access US equities and digital assets together in a single benchmark. 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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TLDR:

YZi Labs commits $1B to boost BNB Chain founders building in DeFi, AI, RWA, and payments sectors worldwide.
The BNB Chain ecosystem now supports 26M daily transactions and ranks first in DEX trading volume globally.
EASY Residency Season 2 expands to four global hubs, providing a network and funding access for BNB builders.
YZi Labs strengthens ties with BNB Chain after backing projects like PancakeSwap and ListaDAO through its programs.

BNB Chain has gained a massive boost. YZi Labs has unveiled a $1 billion Builder Fund, marking one of the largest capital moves aimed at supporting blockchain founders in 2025. 

The fund centers on the BNB ecosystem, offering developers deep financial support, access to tools, and connections across YZi’s global network. It signals growing conviction in the chain’s scalability and the builders driving its next growth phase. 

The announcement positions YZi Labs as a key player in shaping the next era of decentralized innovation.

BNB Chain Growth Drives New Funding Ambitions
According to YZi Labs, the fund targets founders developing in areas like trading, RWA, DeFi, AI, and decentralized payments. 

The initiative aligns with BNB Chain’s rapid expansion, now hosting over 26 million daily transactions and ranking first in decentralized exchange trading volumes. The network’s latest upgrade, Maxwell Hardfork, shortened block times to 0.75 seconds while lowering transaction fees to just 0.05 Gwei.

That improvement has attracted builders and investors looking for performance and affordability. Ella Zhang, Head of YZi Labs, said the fund reflects a continued commitment to developing “on-chain systems that connect technology back to human progress.” 

Builders who join the program gain access to up to $500,000 in direct support and mentorship from the BNB and YZi Labs core teams.

The EASY Residency, entering its second season in October, extends to New York, San Francisco, Dubai, and Singapore. Each hub offers founders the environment to collaborate, build, and scale products within BNB’s expanding global ecosystem. Applications for the MVB track under the Residency are already open.

YZi Labs Deepens Commitment to the BNB Ecosystem
Over recent years, YZi Labs has built an extensive footprint within the BNB network. The team has backed projects like PancakeSwap, ListaDAO, and Aster, while facilitating major institutional participation through the BNB Digital Asset Treasury and other partnerships. 

The new Builder Fund doubles down on that foundation, giving developers the structure and capital to grow sustainable products on-chain.

BNB Chain itself continues to rise in both user activity and market strength. It now ranks as the third-largest digital asset by market capitalization, with BNB recently surpassing $1,330. The ecosystem’s fast transactions and low fees have drawn a new wave of builders focused on scalability and real-world utility.

The announcement coincides with renewed market optimism around BNB’s ecosystem. Binance founder CZ even commented on social platform X, saying, 

“#BNB meme szn! I didn’t expect this at all… Keep building!” 

That message mirrors the current sentiment: momentum is back, and YZi Labs intends to keep it that way.

In brief
PancakeSwap's Chinese X account was hacked to promote a scam meme coin token.
CAKE token's price remains largely unaffected.
Security experts noted weak user security awareness and phishing as key reasons.
The official Chinese X account of decentralized exchange PancakeSwap was hacked on Tuesday, used to promote a fraudulent meme coin named "Mr. Pancake."

Despite the security breach, the platform's native token, CAKE, remains up 6.4% over the past 24 hours after reaching an intraday high of $4.50. It has since cooled to $4.30 according to CoinGecko data.

The official account posted an update stating that they are “actively working with the X team to resolve the issue,” while their earlier tweet warned users not to click any links from the compromised account. 

The incident highlights a persistent vulnerability for major crypto projects and their social media accounts, with Binance-related projects becoming a target. 

Last week, BNB Chain’s X account was compromised, Decrypt previously reported, prompting Binance co-founder CZ to warn users. 

"The BNB meme coin market is very hot these days," Shān Zhang, chief information security officer at blockchain security firm Slowmist, told Decrypt, making the ecosystem a lucrative target for scammers seeking to exploit its user base.

A key reason these attacks are so frequent is that "social media accounts are easily hacked because many controllers have weak security awareness and are susceptible to phishing attacks," Zhang explained.

This human vulnerability is the critical weakness. Alex Katz, CEO of cybersecurity firm Kerberus, told Decrypt

"People are easy to target. This is why so many of them get compromised regularly, from an employee managing a company's social media to a SAFE developer," he added.

The tactics used by attackers are also becoming more sophisticated. “We have, over the last year, seen a 60% increase in incidents where this sort of AI-related phishing or scams where AI deepfake technology has been used," Slava Demchuk, a cybersecurity expert and CEO of blockchain analytics firm AMLBot, told Decrypt.

He warned that technology is becoming widely accessible. “Fraudsters are actively marketing real-time AI deepfake face spoofing, which is peddled in Telegram rooms and dark markets,” he added, warning that “this kind of tech is already within reach for even beginner scammers."

To prevent future incidents, experts advise a disciplined, multi-layered approach. 

Zhang's key recommendations included strengthening security by enabling two-factor authentication and using strong, unique passwords, while simultaneously improving user awareness to avoid sharing credentials or reusing passwords across platforms.

Katz, however, emphasized that the onus is on companies to enforce these protocols.

"Companies should ensure that basic security measures are the norm," he stated, specifically recommending 2FA without a linked phone number to prevent SIM-swapping attacks.

Decrypt reached out to PancakeSwap and Binance for official comment and will update the story accordingly.

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The cryptocurrency market has been rallying over the past few days, but the buying pressure has eased in the last few hours. Bitcoin, the world's leading cryptocurrency by market cap, hit an all-time high of $126k on Monday but dropped to the $120k region on Wednesday.

Chainlink [LINK] is facing growing downward pressure after being rejected at the $23.1 level, sending the token into a four-day decline. At the time of writing, LINK was trading at $22.1, down 3.74% on daily charts.

On October 7, US spot Bitcoin ETFs saw an outflow of $23.81 million, seeing a sharp drop from their second-highest inflows of $1.19 billion the previous day. Ethereum ETFs, on the other hand, surged to $420.87 million in inflows, as per SoSoValue data. 

Bitcoin ETF BreakdownUnlike the previous day, only two ETFs in Bitcoin posted action. It recorded a total outflow of  $23.81 million, led by Grayscale’s GBTC of $28.62 million. Valkyrie BRRR is the only ETF to record inflows for the day of $4.81 million. 

Despite the decline in ETF inflows, the total trading value reached $7.78 billion, marking a sharp surge. Total net assets attracted $167.36 billion, representing 6.78% of the Bitcoin market cap. 

Ethereum ETF BreakdownEthereum ETFs saw a total inflow of $420.87 million, with BlackRock ETHA leading at $437.51 million. Additional gains were made by Grayscale ETH of $5.48 million and 21Shares TETH of $3.58 million. Fidelity FETH became the only ETF to record an outflow for the day of $25.70 million.

Four out of nine Ethereum ETFs posted investment activity, as the total trading value reached $4.05 billion. This marks the highest trading value in October. Net assets came in at $30.86 billion, representing 5.67% of total Ethereum market capitalization. 

Market Context Bitcoin is currently trading at around $121,215, just 3.7% short of its all-time high. Its market capitalization has reached $2.420 trillion, supported by a 24-hour trading volume of $79.323 billion. 

Meanwhile, Ethereum is priced at $4,436.12 with a market cap of $535.252 billion and a daily trading volume of 52.25 billion.

Both assets continue to benefit from growing interest in the ETFs. Apart from that, political uncertainties, like the U.S. government shutdown, have also favored the price by driving investors towards crypto as a safe-haven asset. 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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