Track market-moving stories before they get noisy

Banks close for the weekend. Decentralized exchanges apparently never got that memo.

USDC, the dollar-pegged stablecoin issued by Circle, traded $40.2 billion on decentralized exchanges during weekends in the third quarter, according to figures shared on X. All of that activity happened during the days when conventional bank transfers stop moving.

The weekend numbers The $40.2 billion total covers USDC trading on DEXs across Q3 weekends. These venues match trades through smart contracts instead of brokers or clearinghouses.

Weekend stablecoin transfers could reach up to $38 billion in a single day, a pace that mirrors Visa’s typical daily transaction volume.

Visa’s daily average sits at roughly $40 billion. That makes the comparison less of a flex and more of a benchmark: on-chain dollars are now moving at card-network scale on days when wire desks are dark.

Total DEX trading volume across chains reached approximately $721.7 billion in Q3 2026, with stablecoins such as USDC and USDT accounting for a significant slice of that flow.

Recent 30-day stablecoin DEX volume landed in the $161 billion range.

Where USDC actually goes Roughly 69% of USDC’s on-chain activity was tied to DEX liquidity provision.

Liquidity provision means depositing tokens into pools that other traders swap against. The depositors earn fees, and the pools keep markets functioning at 3 a.m. on a Sunday.

Another 23% of USDC activity came from flashloans on platforms like Base and Aerodrome. A flashloan lets someone borrow funds and repay them within the same transaction, with no collateral required.

If the loan cannot be repaid by the end of that transaction, the whole thing simply reverses.

USDC’s circulating supply stood at around $74.6 billion by the end of September 2026.

In certain 2026 periods, USDC held approximately 77% of adjusted transfer volume across chains.

Background: a two-horse stablecoin race The total stablecoin supply during Q3 2026 was estimated between $304 billion and $311 billion. USDT and USDC together controlled approximately 85% of that market.

What this means for traders, Circle and the banks For Circle, the numbers support the case that USDC is a preferred tool for automated trading and liquidity management. Its strong turnover relative to USDT may make it more attractive to institutional players that value deep, active markets over raw supply figures.

When around 23% of activity comes from flashloans, headline totals can look larger than the amount of new capital actually moving through the system. Bots borrowing and repaying in the same transaction generate real volume, but not necessarily real economic demand. Liquidity provision is a stronger signal, since it reflects capital parked in pools rather than recycled in seconds.

Three things are worth watching next. First, whether USDC’s weekend DEX volume keeps pace as its $74.6 billion supply grows. Second, whether its turnover edge over USDT persists. Third, whether the mix shifts away from flashloans and toward longer-term liquidity.

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

Algorand's xGov program lets block-producing accounts vote on grants for open-source builders, with funds paid onchain. Here is how voting power and approval thresholds work.

Crypto grants are usually handed out by a foundation. @Algorand's xGov program takes a different route: the people who keep the network running vote on them instead, with funds paid onchain to open-source builders.

How voting power works on Algorand xGovVoting power comes from producing blocks. Each block that an account produced over a recent 3 million-block window counts as one vote, so busier node runners carry more weight. Messari's Q3 2025 brief says voting power is assigned in proportion to blocks produced in the most recent 3 million-block observation window, which is updated every million blocks.

The model ties influence to network contribution rather than token holdings. According to the xGov Explorer, there is no minimum ALGO stake requirement. Participants must instead operate an Algorand node involved in consensus.

The biggest nodes cannot push a grant through alone. A proposal needs at least 51% yes votes plus two turnout minimums. One counts every voter equally, while the other counts voting power. Bigger requests need higher turnout. The xGov Explorer also notes that the voting mechanism varies by category depending on the amount requested.

Launch, fees and scope@AlgoFoundation took xGov live on mainnet in July 2025. Block-producing accounts enroll for a small one-time fee to vote. Messari reports that voters pay a one-time enrollment fee of 10 ALGO, while proposers must complete KYC and pay a separate 100 ALGO account creation fee.

Proposals are limited in scope. Per Messari, grants range from 2,500 to 200,000 ALGO and cover tools such as SDKs, wallets, explorers and telemetry. The Foundation set an initial 2025 xGov budget of 3 million ALGO, or 0.03% of total token supply, according to the same report. The xGov Explorer adds that only retroactive grant proposals for open-source contributions and projects are accepted.

The program sits alongside Algorand's shift away from governance rewards. The Algorand blog says staking now rewards node operators for securing the network, while xGov gives engaged community members a role in directing ecosystem development.

Sources:

Messari: Algorand Q3 2025 BriefxGov Explorer: Algorand xGov FAQAlgorand: xGov update on retroactive proposals

Robinhood's tokenised stock tokens for Apple, Nvidia and Tesla are now tradable on Hedera through the HashPack wallet, using $USDC or $HBAR.

Robinhood's tokenised stock tokens are now available to trade on the Hedera blockchain, giving users of the popular HashPack wallet access to equities such as Apple, Nvidia and Tesla.

Purchases can be made in either @Circle's $USDC or Hedera's native token, $HBAR, through the @hashpack wallet. The integration expands Hedera's push into real-world assets (RWAs), where traditional financial products are represented on a blockchain.

What HashPack users can tradeAccording to TokenPost, HashPack has added tokenised exposure to Apple, Nvidia, Tesla and the SPDR S&P 500 ETF on Hedera. Users can hold, transfer and trade the products from within the wallet. TokenPost reports that Robinhood is the issuer of the tokens, while Hedera provides the network on which they are held and traded.

The feature runs on SODAX, which TokenPost describes as the cross-network execution layer behind it. In its partnership announcement, SODAX said the system coordinates execution across blockchain networks so HashPack can focus on the wallet experience. The same post said HashPack has more than 1 million accounts, accounting for over 90% of Hedera's monthly active users.

HashPack and SODAX first announced the partnership on September 14, and Genfinity reported at the time that the feature was still in development, with no go-live date published. A later Genfinity report described how the trading flow works: users open the Swap screen and select Stocks, and can switch between Stocks and Tokens on the Assets page.

What the tokens representRobinhood's stock tokens track the price of the underlying shares. Industry explainers note that they give holders economic exposure to a stock rather than legal ownership of the shares. Dwellir's guide to Robinhood Chain says the tokens trade around the clock where eligible. Genfinity notes the tokens trace back to Robinhood's tokenised stock lineup, which first launched for European users on Arbitrum in 2025.

For Hedera, the launch moves its RWA strategy closer to a consumer-facing product, as TokenPost put it. Users who already hold $HBAR or $USDC in HashPack can reach tokenised equities without moving funds to another wallet. Availability may vary by region and eligibility, so users should check the terms set by Robinhood and HashPack before trading.

Tokenised equities carry risks, including price tracking differences and limited liquidity. This article is for information only and is not investment advice.

SourcesTokenPost: Hedera Brings Tokenized Stocks to HashPack
SODAX: Partnership with HashPack to bring Robinhood stocks and RWAs to Hedera
Genfinity: HashPack Stock Trading Goes Live Through SODAX

Taurus, a digital asset infrastructure company based in Switzerland and established in 2018 in Geneva, has expanded its service offerings by integrating Hedera Hashgraph (HBAR) technology for its institutional clients. Taurus supplies enterprise-grade digital asset solutions for banks and regulated institutions to manage the custody, issuance, tokenization, and staking of various digital assets.

Deutsche Bank and HBAR integrationDeutsche Bank, one of Europe’s leading financial institutions with assets totaling $64 billion, has started utilizing Taurus’ platform to natively stake Hedera’s HBAR coin. Additionally, the bank is now issuing tokenized shares of Real World Assets (RWAs) and private equity through the same infrastructure.

This step allows Deutsche Bank not only to stake HBAR but also to facilitate on-chain monetization of its own securities. By leveraging Taurus’ technology, the bank joins other major institutions—such as Jane Street, Lloyds Bank, Standard Bank, and Shinhan Bank—that are actively exploring the HBAR network to tokenize RWAs.

Mini dictionary: Taurus is a Swiss fintech company that provides infrastructure for banks and financial institutions to custody, trade, and manage digital assets, including services for tokenizing real-world assets and staking cryptocurrencies.

Institutional adoption and council changesHedera’s Governing Council, which supervises the network’s operations, includes industry giants such as Google, IBM, Deutsche Telekom, Accenture, and FedEx, underscoring strong institutional backing for the ecosystem. The recent participation by Deutsche Bank highlights a growing interest among large banks in integrating blockchain-based solutions into daily operations.

However, a few weeks ago, Hitachi exited the council, reducing the number of members to 33. Despite this departure, the altcoin’s price remained largely unaffected.

HBAR recent price performance and analyst outlookCurrently, HBAR’s price is consolidating in the $0.08 to $0.09 range, forming a double-bottom pattern. Historically, this technical setup may precede a trend reversal. Crypto analyst Gopal has identified a potential price target at the quarterly high of $0.22 if momentum returns. The long-term target stands at $0.35, referencing a similar technical pattern that played out in 2025 when HBAR rallied from about $0.09 to over $0.30, surpassing the $0.22 resistance in just 30 days.

Market data from TradingView indicates that whales are not providing significant support at the current levels, though bulls are managing to keep HBAR above the key $0.092 support point.

Resistance TargetsSupport LevelsRecent Price RangeQuarterly HighLong-term Target$0.11 / $0.22$0.08 / $0.09 / $0.092$0.08–$0.09$0.22$0.35Shorter-term technicals show some selling pressure among larger holders, with HBAR’s Chaikin Money Flow (CMF) indicator near -0.07. This signals a slightly negative outlook, though the $0.11 mark, matching the red-label Bollinger Band, remains a level to reclaim for further price recovery.

Taurus now enables Deutsche Bank to stake HBAR and issue tokenized shares of real world assets and private equity, allowing the bank to leverage on-chain monetization and join other major institutions engaging with the Hedera network.

NEAR Protocol’s native token climbed 16% over the weekend, according to The Motley Fool. Trading activity piled in right alongside it.

The numbers behind the run
The sharpest single burst came on October 10, 2026. NEAR gained as much as 11% that day and touched $6.00 on Binance.

It later cooled to around $5.64. Daily trading volume hit a record of approximately $3.54 billion, a 98% increase.

Over the four weeks leading into mid-October, NEAR rose by at least 83%. Some measurements put the gain far higher, in the range of 138-172%.

That rally pushed NEAR’s market capitalization to around $7.2 billion when the token traded near $5.50. The token is back inside the top 20 digital assets.

What’s driving the demand
NEAR Intents. This is NEAR’s cross-chain feature. Users describe the outcome they’re after, and the system routes it across blockchains.

NEAR Intents has recorded more than $31-33 billion in cumulative cross-chain volume across over 30 chains. September swap volume reached $4.8 billion, a 72.9% jump from the prior month.

The Bitwise ETF. Bitwise launched the first US spot NEAR ETF on September 29, 2026, trading under the ticker NRR. The fund drew nearly $58 million in inflows during its first week.

A proposed supply cut. A governance proposal would lower NEAR’s maximum annual token issuance from 2.5% to 1.6% over the next 24 months. The proposal is still underway, not finalized.

The exploit that didn’t stick
In early October, NEAR Intents was hit by a $3.8 million exploit. The funds were recovered within 24 hours. The token showed no lasting damage from the incident.

What this means for NEAR and the altcoin market
If the issuance proposal passes, the drop from 2.5% to 1.6% would phase in over 24 months. The token already slid from $6.00 to around $5.64 within the same session on October 10.

The signals worth tracking are fairly clear: whether NEAR Intents keeps posting monthly volume growth after September’s $4.8 billion, whether NRR inflows hold up past launch week, and how the governance vote on issuance resolves.

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

Solana treasury company SkyAI has sold approximately 1 million SOL, or half of its cryptocurrency reserves, as it prepares a cash tender offer worth up to $201 million to repurchase most of its outstanding shares and warrants.

Summary

SkyAI has confirmed selling approximately 1 million SOL, representing half of its cryptocurrency reserves, to help fund a planned $201 million share buyback.
Blockchain analyst Ember reported another 211,623 SOL transfer to Coinbase Prime, estimating total disposals at roughly $138 million over five days.
SkyAI plans to repurchase up to 95% of its outstanding shares and warrants at $3 each, with the tender offer expected to begin around October 15.
The company rejected an unsolicited acquisition proposal from Forward Industries after its board concluded that the offer undervalued SkyAI.

According to an October 11 company announcement, the Nasdaq-listed firm plans to use existing cash and proceeds from Solana sales to purchase up to 95% of its common stock and three classes of warrants at $3 each.

SkyAI, which trades under the ticker SKYA, confirmed that it had recently sold roughly 1 million SOL and still held approximately 1 million tokens when the announcement was issued. The company said it was monitoring Solana’s market price and could sell more tokens depending on market conditions.

Blockchain analyst Ember reported on October 12 that another 211,623 SOL had been transferred from a wallet associated with SkyAI to Coinbase Prime.

The analyst estimated that approximately 1.25 million SOL, worth $138 million, had been sold or moved toward trading venues over five days. However, the latest exchange transfer does not independently establish that the tokens were sold.

SkyAI’s Solana sales follow several large exchange transfers
The latest activity follows a series of transactions identified by blockchain analysts over the preceding days.

In an October 10 post on X, Ember reported that wallets linked to SkyAI had transferred 468,000 SOL, valued at approximately $51.1 million, within 24 hours.

Of that amount, 218,000 SOL went to multiple centralized exchanges, while another 250,000 SOL was transferred to BitGo, an institutional digital asset custody and services provider.

On the same day, Lookonchain identified 568,000 SOL worth approximately $63.87 million moving to exchanges over a three-day period.

The analytics platform estimated that SkyAI had acquired its SOL at an average price of around $194 per token. Based on the market value of the transferred assets, Lookonchain calculated that selling the reported 568,000 SOL could result in losses of approximately $46 million.

The estimate was conditional on the tokens being sold and did not represent a company-confirmed realized loss.

SkyAI had previously disclosed holdings exceeding 2 million SOL in September, before the recent transactions reduced its reported treasury balance.

Large movements involving corporate Solana holdings have attracted attention in previous months. In June, crypto.news reported that Forward Industries transferred 455,784 SOL, worth approximately $31.9 million, to Coinbase Prime after around a month of wallet inactivity.

The transaction prompted questions about possible treasury sales, although the transfer itself did not establish that Forward had liquidated those assets.

SkyAI plans to repurchase 95% of its shares and warrants
SkyAI’s proposed tender offer is expected to begin around October 15 and remain open for 10 business days, unless the company extends or terminates it earlier.

The offer covers up to 46.37 million common shares and approximately 20.72 million securities across its cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants.

At $3 per security, the maximum purchase price would reach approximately $201 million.

SkyAI said the proposed price represented a 65% premium to its October 9 closing share price and more than double its 60-day volume-weighted average trading price.

The company intends to finance the repurchases without additional borrowing. Its board said the combined value of available cash and digital assets exceeded the maximum amount required for the transaction.

Completion will depend on several conditions, including at least 50% of each eligible securities class being tendered and not withdrawn before the deadline.

Solana’s closing price must remain above $100 throughout the offer period, although SkyAI reserved the right to waive certain conditions.

The tender offer must not cause SkyAI to lose its Nasdaq listing or become subject to deregistration under the Securities Exchange Act of 1934.

Shareholders and warrant holders will receive instructions in formal tender offer materials that SkyAI expects to file with the U.S. Securities and Exchange Commission by October 15.

If participation exceeds the 95% purchase limit for any class, the company expects to accept securities on a proportional basis.

SkyAI has suspended purchases under its existing share repurchase program and will not resume separate repurchases until at least 10 business days after the tender offer expires.

SkyAI rejects Forward Industries’ acquisition proposal
The planned buyback follows SkyAI’s decision to reject another unsolicited acquisition proposal from fellow Solana treasury company Forward Industries.

Under the latest proposal, Forward offered 0.306 shares of its common stock for each SkyAI share.

SkyAI said its special committee, working with independent advisers, reviewed the proposed exchange ratio, the value and timing of the consideration, its financial position and its standalone business prospects.

After the review, the committee unanimously recommended rejecting the transaction. The full board agreed, concluding that Forward’s proposal undervalued SkyAI and was not in shareholders’ best interests.

Forward has pursued a different approach to managing its Solana reserves. In July, the company reported buying more than 500,000 SOL during its fiscal third quarter, taking its holdings to 7.55 million tokens as of June 30.

The company disclosed an average purchase price of approximately $79 for those acquisitions and said its Solana holdings per fully diluted share had risen during the quarter.

Forward subsequently completed a $25 million registered direct offering in September to support its Solana treasury strategy.

Other publicly traded Solana holders have reported losses tied to cryptocurrency valuations. Upexi, for example, disclosed a $109.3 million fiscal third-quarter net loss in May, including a $92.3 million unrealized loss on its digital assets.

SkyAI said shareholders whose ownership exceeds 15% solely because of securities purchased through the tender offer would not trigger its shareholder rights plan. Any subsequent acquisition by those holders after the offer expires would trigger the plan.

Following the proposed transaction, the company intends to continue developing the AI financial platform outlined in its May 2026 strategic transformation announcement.

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At the end of July 2026, the audit firm Cyfrin classified several high severity defects in 1inch clear signing. Thus, certain fields, including the contract receiving the funds committed by the user, do not appear on the wallet screen. As of October 12, these display rules still appear in the public registry. They cover the 1inch V6 router on 13 networks, including Ethereum.

In brief

13 networks: that’s how many blockchains, Ethereum included, the audited 1inch V6 router descriptor covers.
2 high-severity findings: Cyfrin flagged both in this descriptor, including a field that identifies the contract receiving your funds.
No attestation: none of the V6 router descriptors has received an audit sign-off in the registry.
May 12, 2026: the day Ledger handed clear signing over to the Ethereum Foundation.

Clear signing, a response to the Bybit hack
In February 2025, the record Bybit hack cost the platform about 1.5 billion dollars, according to the FBI. The FBI also attributes this theft to North Korea. According to CertiK’s analysis, the Safe{Wallet} interface displayed a legitimate transaction. However, the data sent to the Ledger for signing was different. The CEO of Bybit even admitted to not verifying them on the device screen. CertiK calls this blind signing.

Clear signing addresses this problem. It translates transaction data into clear language on the screen of your crypto wallet. Ledger launched it in 2023 and then formalized it in the ERC-7730 standard proposal. Then, on May 12, 2026, the company entrusted its management to the Ethereum Foundation. MetaMask, Trezor, WalletConnect, and Cyfrin participate in the working group.

The system relies on public files called descriptors. Each indicates which transaction fields the wallet should display and under which label. A field marked “never” never appears on the screen.

The contract receiving your funds can remain invisible
1inch is a decentralized exchange aggregator. Cyfrin audited several of its descriptors. The ticket no. 2688 concerns the main descriptor of the V6 router. It indeed has two high severity findings and three medium severity findings, according to the auditor’s classification.

The first finding concerns the clipperExchange parameter, hidden on the screen. Yet it designates the contract receiving the user’s funds. The caller of the function provides this parameter. According to Cyfrin, the wallet thus displays a normal exchange screen without showing the contract receiving the funds.

The second high finding targets the args field, also hidden. In certain order execution modes, it can contain the address receiving the purchased asset. The user may see exact amounts while the asset goes to an unseen address, according to the auditor.

Two medium findings also concern the display. First, an order amount always appears as a “to sell” amount. Yet one router mode treats it as a “to buy” amount. Second, the permitAndCall function masks a spending authorization that may specify the token, the authorized spender’s address, the amount, and expiry. Finally, the last medium finding relates to deployments Sourcify had not yet verified.

1inch clear signing unchanged on 13 networks
A related ticket, no. 2690, concerned the zkSync version of the router. This nine-line descriptor pointed to the same common file as the main version. The maintainers removed it from the registry on September 22. The reason is verification. Sourcify, the code verification tool used by the registry, cannot yet verify the compiled code for zkSync. This removal thus does not fix the display rules.

Yet the main branch of the registry, consulted on October 12, still contains these rules. The common file and main descriptor currently date from April 10, 2026. They apply to the V6 router on 13 networks, including Ethereum, Arbitrum, Base, BNB Chain, and Polygon. The descriptor of the previous version, V5, also masks clipperExchange on six networks.

A third audit, no. 2689, concerns off-chain signed orders in EIP-712 format. The descriptor hides the makerTraits field. It can contain the order’s expiration date and a restriction on the authorized address to execute it. Cyfrin also classifies this finding as high severity.

An attestation does not guarantee displayed meaning
The registry provides a safeguard, the attestation. The ERC-8176 standard proposal defines this mechanism. It allows an auditor to sign a descriptor they have reviewed. On August 17, the registry incorporated attestations from Cyfrin for 181 descriptors.

In the 1inch folder, only older V3 and V4 router versions have one. In contrast, V6 descriptors do not. In audit no. 2689, Cyfrin notes missing code verification on five networks: “the attestation condition is not met” (editor’s translation). ERC-8176 then leaves each wallet the choice of auditors it trusts.

However, even attested, a descriptor can mislead. The ERC-8176 project states this in its section on limitations of the mechanism.

Signature verification does not validate semantic accuracy.

Another limitation relates to upgradeable contracts or proxies. A proxy keeps its address but its code can change. An analysis published in September listed 80 proxy-related descriptors out of 382 as of September 5. The maintainers then chose to keep them and address the issue within the standard itself.

What clear signing displays and what it omits
The registry also fixes defects. On September 25, a patch targeted another 1inch descriptor for Limit Order Protocol v2 limit orders. According to its message, wallets that recognize descriptors by signed type could not apply it. Users thus signed these orders “blindly”.

For the user, a readable screen only shows fields retained by the descriptor. Thus, the absence of a recipient or expiration date is not visible. Cyfrin recommends displaying these fields or removing the description. In the latter case, the wallet falls back to raw signing, giving no impression of clarity. None of the consulted tickets mention user loss related to these descriptors. Our guide on the most secure crypto wallet details other available protections.

As of October 12, the two audited V6 descriptors still in the registry remain unchanged. The third, for zkSync, left the registry without correction. For the makerTraits field, Cyfrin’s proposed fix modifies a single file line to make the field visible. [TO BE COMPLETED: response dated from 1inch, Cyfrin, or registry maintainers, or mention of unanswered requests] Regarding proxies, the proposal no. 1738 is not yet integrated into the standard. Kaan Uzdoğan, ERC-7730 co-author, indicated on GitHub awaiting further reviews before approval.

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Ering N.

Independent author, specialized in decentralized artificial intelligence and crypto ecosystems. I analyze projects by what they actually do, not by the noise around them. Openly a supporter of the Qubic project: my articles about Qubic and its direct competitors carry a disclosure.

FUNToken has announced the addition of ENA to its growing list of supported tokens, further strengthening its commitment to improving token accessibility and simplifying participation across its ecosystem.

With this latest integration, users holding ENA can now deposit their tokens directly into the FUNToken platform, where they are automatically converted into $FUN with 0% conversion fees. The process eliminates the need for manual token swaps, offering users a straightforward way to access $FUN and explore its expanding range of utilities.

Making $FUN More Accessible Through Token Integration Table of Contents

As the digital asset landscape continues to evolve, users increasingly hold multiple tokens across different networks. FUNToken aims to simplify the experience of accessing its ecosystem by supporting a growing selection of tokens that can be converted into $FUN.

The addition of ENA (ERC-20) introduces another option for users looking to put their existing digital assets to use without navigating multiple conversion platforms.

Through FUNToken’s automatic conversion system, ENA holders can deposit their tokens and receive $FUN without incurring additional conversion fees.

This streamlined approach is part of FUNToken’s broader effort to reduce unnecessary steps, improve accessibility, and create a more connected experience for its users.

Expanding Utility Beyond Token Conversion The integration of ENA goes beyond simply adding another supported asset. It creates an additional entry point into FUNToken’s growing ecosystem of gaming experiences, staking opportunities, and token-based rewards.

Once ENA is converted into $FUN, users can explore the different utilities available within the ecosystem.

FUNToken’s expanding Android gaming portfolio features nine titles designed around accessible, engaging gameplay, with no ads, no paywalls, and real $FUN rewards. The ecosystem also includes browser-based gaming experiences, staking features, and referral reward opportunities.

By connecting these experiences through a common token, FUNToken continues to build an environment where $FUN serves multiple purposes across different products and activities.

A Growing List of Supported Tokens The addition of ENA reflects FUNToken’s ongoing strategy to expand the range of digital assets supported by its automatic conversion system.

Recent integrations have included ONDO, TRUMP, FARTCOIN, and JTO, alongside previously supported tokens such as USDT, USDC, SOL, LINK, UNI, AAVE, and others.

Each new integration provides users with additional flexibility in accessing $FUN while supporting the platform’s objective of making token conversion more convenient.

With 0% conversion fees remaining a central feature of the supported token system, FUNToken continues to focus on simplifying the transition from existing token holdings into its connected gaming and rewards ecosystem.

Continuing to Build a More Connected $FUN Ecosystem The ENA integration represents another step in FUNToken’s ongoing ecosystem expansion.

Alongside its growing supported token list, FUNToken continues to develop new gaming experiences, expand token utility, and introduce additional opportunities for users to participate.

By combining accessible token conversion with an expanding range of products, FUNToken is working toward an ecosystem where users have greater flexibility in how they access, earn, hold, and use $FUN.

As further integrations and platform developments are introduced, the project remains focused on making participation simpler and creating more practical uses for $FUN.

About FUNToken FUNToken is a blockchain-powered ecosystem built around $FUN, combining gaming, rewards, staking, and growing token utility within a connected experience.

With an expanding portfolio of Android and browser-based games, supported token integrations, multi-chain accessibility, and reward opportunities, FUNToken is focused on creating more ways for users to access, earn, hold, and use $FUN.

The ecosystem emphasizes accessible gaming experiences, including a growing selection of Android titles featuring no ads, no paywalls, and $FUN rewards.

Through continued product development and ecosystem expansion, FUNToken aims to strengthen the role of $FUN as a common token connecting its growing range of digital experiences.

Website: https://funtoken.io

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

ARK Invest holds its 5-year Bitcoin thesis despite a flat year. Lorenzo Valente breaks down its Big Ideas report, digital gold, and institutional adoption.

Bitcoin has been flat to down this year, but ARK Invest isn’t changing its view. Lorenzo Valente, Director of Research for Digital Assets at ARK Invest, explains why the firm looks at Bitcoin on a five-year horizon and still believes it’s very early in the Bitcoin journey. He discusses ARK’s Big Ideas report, Bitcoin’s role as digital gold and permissionless money, and what still keeps institutional money on the sidelines.

Chapters:
0:00 – ARK Invest’s Lorenzo Valente on How Wall Street Sees Bitcoin Now
1:36 – ARK’s Big Ideas Bitcoin Price Target for 2030
2:51 – How Stablecoins Changed ARK’s Emerging Market Bitcoin Thesis
4:53 – The Rise of Tokenized Stocks and Real-World Assets
7:13 – What Tokenized Stocks Can Do That Brokerage Accounts Can’t
9:35 – Higher Rates, Inflation, AI and Bitcoin’s Macro Outlook
12:49 – Which Tokenization Business Models Will Win?
15:41 – Exporting U.S. Assets Offshore Through Tokenization
17:34 – ARK’s Bitcoin Outlook for the Next 12 to 18 Months
18:29 – The Four-Year Cycle and What to Watch Next

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Patrick Green

Patrick Green is an Assistant Producer and Channel Manager on the multimedia team at Bitcoin Magazine, focusing on production, content distribution, and channel strategy across the network.

After surpassing $84,000 during the day, Bitcoin retreated back to $82,000, and the recent recovery has shifted attention to critical resistance levels.

At this point, the analysis firm QCP Capital states that Bitcoin has found strong support around $80,000 and the most critical resistance ahead is $87,000. The analyst also notes that if BTC experiences a sustained breakout above $87,000, the price could test $94,000.

Selling Pressure on Bitcoin is Decreasing! In its latest assessment, QCP Capital noted that a year has passed since the historic liquidation wave in the cryptocurrency market on October 11 last year, and that Bitcoin has shown a more stable appearance in recent months.

At this point, the analytics firm noted that although recent news of the US government’s large-scale Bitcoin transfers and attacks on Ledger hardware wallets has created concern in the market, a sell-off on the expected scale has not materialized.

According to the company, although Bitcoin has struggled to break above the $87,000 level in recent days, it is holding onto its support around $80,000.

Bullish Expectations Dominate the Options Market! The analysis firm also examined the options market and stated that options indicators suggest a decrease in investor demand for hedging against downside risks.

At this point, QCP Capital noted that there is significant open interest in bullish butterfly spreads expiring at the end of October, with strike prices of $90,000, $95,000, and $100,000. This suggests that expectations for Bitcoin reaching higher levels are prominent in the options market.

However, the company noted that implied volatility remains high, adding that uncertainty in price movements persists.

US Inflation Data Could Be Decisive! The analysis company recently stated that there are significant developments this week that could also affect Bitcoin. According to QCP, the US Consumer Price Index (CPI) and Producer Price Index (PPI) data to be released this week, along with statements from Federal Reserve officials, are crucial for determining Bitcoin’s direction.

The renewed strengthening of interest rate hike expectations following the CPI and PPI data could put pressure on risky assets. Conversely, positive data and market conditions, along with sustained price action above $87,000, could bring the $94,000 target into focus.

*This is not investment advice.

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12 October 2026 | 12:48 LayerZero’s ZRO token rose more than 15% on October 12, bringing price back to a historical resistance area near $2.45-$2.60 after a sharp recovery from its summer lows.

Key Takeaways ZRO has moved into a $2.45-$2.60 multi-month resistance range. The range’s upper edge stopped many earlier rallies. $2.09-$2.15 is the first Fibonacci area beneath the advance. RSI above 75 shows strong but extended momentum. Testing a resistance range that has held since May ZRO traded near $2.44 after reaching about $2.48 on the daily chart. That brought it into the lower edge of the $2.45-$2.60 range, where price has encountered selling pressure before.

ZRO approaches channel resistance. The shorter-term structure has improved since mid-September. ZRO has broadly moved within a rising channel, with each meaningful pullback ending above the previous one. Several wicks have crossed its boundaries during volatile sessions, but the direction remains upward while that sequence of higher lows holds.

The wider chart places the current move in a more demanding context. ZRO reached the $2.58-$2.60 area three times since May 2025 and failed to hold above it on each occasion. Buyers have therefore pushed price back to a familiar supply area, but they have not yet shown that it can become support.

ZRO revisits multi-month resistance. Chart source: TradingView, ZRO/USD, October 12, 2026. Support levels show how much room the rally has A move deeper into the range would be progress, but a close through its upper boundary and a later retest would offer a more convincing breakout signal. If sellers take control first, the Fibonacci structure identifies the areas where the September recovery could try to stabilise.

ZRO’s price map

$2.45-$2.60: The current multi-month resistance range. A close above the upper edge would change the larger setup.

$2.09-$2.15: The 0.236 Fibonacci area and the first band that needs to absorb a pullback.

$1.85-$1.90: The 0.382 Fibonacci level and an early-October reaction area. Holding it would preserve the broader recovery after a deeper retracement.

$1.67-$1.70, then $1.50-$1.52: The 0.50 and 0.618 Fibonacci areas if selling extends further.

Momentum supports the advance, while volume still needs a close ZRO remains well above its 50-, 100- and 200-day moving averages, which form a deeper support cluster around $1.10-$1.40. That alignment supports the medium-term recovery, although those averages sit too far below price to decide whether the present move can hold over the next few sessions.

Daily RSI stood above 75 and remained above its smoothing line. The reading reflects the force of the rally, while also showing that price has advanced quickly into a difficult area. RSI can remain elevated during a strong trend, so the response at resistance carries more weight than the indicator alone.

Trading activity has increased during the recovery. The latest daily volume bar was still developing, however, meaning it cannot yet confirm broad participation in a sustained breakout. A completed close near the top of the range with firm volume would carry more weight than an intraday push.

Buybacks provide a separate backdrop for ZRO demand The chart sets the immediate decision, while LayerZero’s token economics offer a separate perspective on longer-term demand. The LayerZero Foundation’s buyback dashboard lists Stargate revenue-funded purchases as active, with about 2.54 million ZRO acquired at a cumulative reported cost basis of roughly $3.68 million.

The dashboard records 162,433 ZRO purchased in September. Those purchases show that part of Stargate’s revenue has been directed toward ZRO, but they cannot establish why the token rose on a particular day. Token unlocks and holder sales can still outweigh buyback demand, while LayerZero’s separate protocol fee switch remains inactive.

LayerZero is also developing financial-market infrastructure, including ATLAS. Our earlier look at LayerZero’s Anchorage connection and ATLAS plans explains how those products could broaden the network’s use cases. Their effect on ZRO will depend on adoption and fee generation rather than product announcements alone.

The close will show how far the rally has progressed ZRO has reached the lower edge of a range that contained several earlier advances. A sustained move above the range would give the rally a stronger foundation, while a retreat that holds $2.09-$2.15 would still leave the September uptrend in place. Losing that first band would shift attention toward the deeper Fibonacci zones.

This article is for informational purposes only and does not constitute investment or trading advice. Technical levels are approximate and do not guarantee future price movements.

Author

Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.

TLDR: Hyperliquid matches orders block by block and prioritizes cancellations within each block, says Xu. Xu links Hyperliquid’s order book depth to its market maker friendly design versus many exchanges. Xu says the design offers another approach for long-tail assets that have limited liquidity. Xu blames the October 10 liquidations partly on USDe being treated like a stablecoin as collateral.  Star Xu says the Hyperliquid matching engine is more market maker friendly than the systems used by centralized exchanges. The OKX founder shared the view on the New Era Finance Podcast with host Michael.

He said Hyperliquid matches orders block by block and gives cancellations priority within each block. Market makers can therefore cancel orders ahead of takers. Xu also covered MiCA, customer protection, and the October 10 market turmoil during the discussion.

How the Hyperliquid Matching Engine Works Xu said the Hyperliquid matching engine differs fundamentally from centralized order book exchanges in its technical design. Centralized exchanges process orders individually. Hyperliquid, by contrast, matches orders in blocks.

Within each block, the system prioritizes cancellations. Under the Hyperliquid matching engine, market makers can therefore cancel orders ahead of takers. Xu called this design market maker friendly.

Xu believes this design explains why Hyperliquid’s order book depth appears better than that of many centralized exchanges. He added that the Hyperliquid matching engine offers another approach for long-tail assets with limited liquidity.

Xu made the comments while discussing crypto’s evolution. He said repeated crises, from early Bitcoin attacks and Mt. Gox to FTX, tested the sector.

Each episode also prompted improvements, in his view. He sees blockchain as a base for more efficient finance through self-custody, stablecoins, and tokenized assets.

Trust, Risk Controls, and the October 10 Turmoil Xu described MiCA as an important step toward consistent crypto regulation across Europe. He noted the compliance challenges OKX faced while entering the market.

He said international growth depends on earning customer and regulator trust through transparent operations and stronger governance.

He pointed to board oversight, compliance and risk functions, monthly proof-of-reserves reports, and external auditing. OKX also plans to pursue a public listing. Xu said these steps increase accountability.

Xu said safeguarding customer funds matters more than aggressive growth. Exchanges, he added, should follow financial rules and earn money from technology and services.

He recommends self-custody for users who can manage keys securely, though wallets can be vulnerable. He also warns against unusually high yields and demands to “just trust” an exchange.

Xu attributed the cascading October 10 liquidations partly to USDe being treated like a stablecoin and accepted as derivatives collateral. He described USDe as a higher-risk, hedge-fund-like product.

Leveraged borrowing against it could magnify returns but also amplify losses when prices moved. Xu argued that tighter risk controls and regulated derivatives venues could help prevent such episodes.

Looking ahead, Xu expects crypto to expand beyond trading into everyday financial services. These include wallets for holding money, blockchain payments, and tokenized equities.

He also expects on-chain asset-management tools that let users keep control of their funds. He is optimistic these technologies could become widely used financial infrastructure.

Bitcoin dropped below $83,000, and the traders betting on higher prices paid for it. Nearly $42 million in long positions were liquidated before US stock markets even opened.

That early-morning wipeout was reportedly part of a bigger purge. Close to $696 million in positions were cleared out across a 24-hour window, mostly from longs.

What actually happened The move came on October 8, 2026, according to research compiled on the event. Intraday lows were reported in a range between $82,880 and $83,500, depending on the venue and the data source.

The dip did not last long. Bitcoin recovered to around $83,100 shortly afterward, putting it back above the line it had just fallen through.

A liquidation, for the uninitiated, is what happens when a trader borrows money to amplify a bet and the market moves the wrong way. Once losses eat through the trader’s collateral, the exchange closes the position automatically. Nobody asks for permission.

Those forced closures are sell orders in a long-heavy market. Sell orders push the price lower, which triggers more liquidations, which push the price lower still.

The research describes this particular episode as a leverage flush rather than a response to some big new piece of news. Trading volumes were relatively quiet, and analysts tracking the move did not tie it to any meaningful change in market fundamentals.

The backdrop: oil, outflows, and a familiar price zone Oil prices were rising on geopolitical tensions in the Middle East, adding a layer of macro anxiety to risk assets in general.

Bitcoin exchange-traded funds were also seeing ongoing outflows. When the institutional on-ramp is running in reverse, it removes a steady source of buying that might otherwise cushion a dip.

Meanwhile, open interest in Bitcoin derivatives had been climbing. Open interest measures the total value of outstanding futures and perpetual contracts, so a high reading means lots of positions waiting to be either rewarded or punished.

Liquidation trackers such as Coinglass were central to measuring the damage. On-chain activity on platforms like Hyperliquid, where perpetual futures trade transparently, also showed sizable leveraged positions stacked up in the market.

Bitcoin had recently traded at highs between $85,000 and $87,000, and profit-taking after that run appears to have contributed to the pullback. Traders who bought near the top and leveraged up were the most exposed when the price slid back toward the low $83,000s.

Why $83,000 keeps showing up Throughout 2026, the $83,000 to $84,000 band has acted as a critical inflection point for Bitcoin, according to the research. Breaks through this area have repeatedly set off liquidation cascades, with totals often running into the hundreds of millions of dollars.

What this means for traders and investors Bitcoin did not keep falling after breaking below $83,000, and it reclaimed that level quickly. The research characterizes the move as mechanical unwinding, not a sustained wave of selling.

The nearly $42 million in pre-market liquidations and the roughly $696 million cleared over 24 hours are a reminder that leverage cuts both ways, and usually faster on the way down.

For longer-term investors, elevated open interest and crowded positioning near a well-known price zone are conditions that tend to produce these flushes. Watching derivatives data from trackers like Coinglass and on-chain leverage on venues like Hyperliquid can offer early clues about when the market is getting top-heavy.

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

Bitcoin‘in ayı piyasasının sona yaklaşıyor olabileceği iddiası yeniden gündemde. Coin Bureau’nun paylaştığı Glassnode grafiğine göre Bitcoin’in MVRV oranı 1,54’e ulaştı ve 365 günlük ortalaması olan 1,44’ün üzerine çıktı. Bu görünüm, 2019 ve 2023’teki piyasa toparlanmalarında görülen sinyale benziyor.

Grafikteki benzerlik, Bitcoin’de yükseliş beklentilerini güçlendirebilir. Ancak göstergenin pozitif bölgeye geçmesi, yeni bir boğa piyasasının başladığını veya mevcut düşüş döneminin kesin olarak sona erdiğini kanıtlamıyor. Asıl önemli nokta, Bitcoin’in değerleme göstergesindeki iyileşmeyi kalıcı fiyat hareketleriyle destekleyip destekleyemeyeceği.

Bitcoin MVRV Oranı 1,54 Ne Anlama Geliyor?
MVRV, Bitcoin’in piyasa değerini gerçekleşmiş değeriyle karşılaştıran bir zincir üstü göstergedir. Gerçekleşmiş değer, Bitcoin’lerin blokzincirde en son hareket ettiği fiyatları esas alır ve yatırımcıların toplam maliyet tabanını tahmin etmeye yardımcı olur.

MVRV oranının 1,54 olması, Bitcoin’in piyasa değerinin gerçekleşmiş değerinin yaklaşık 1,54 katına ulaştığını gösteriyor. Glassnode grafiğinde daha önemli ayrıntı ise bu oranın 365 günlük ortalamasını aşması.

Güncel grafikte MVRV 1,54 seviyesinde bulunurken yıllık ortalama 1,44 olarak gösteriliyor. Aradaki 0,10 puanlık fark, göstergenin uzun vadeli ortalamasının üzerine çıktığını ortaya koyuyor. Bu nedenle MVRV momentumu pozitif bölgeye geçmiş durumda.

Ancak MVRV tek başına bir fiyat tahmin aracı değil. Gösterge, piyasa değerlemesindeki değişimi izlemeye yardımcı oluyor; Bitcoin’in bundan sonra hangi yönde hareket edeceğini kesin olarak söylemiyor.

2019 ve 2023’te Aynı Sinyal Ne Zaman Görüldü?
Glassnode grafiği, MVRV momentumunun 2019 ve 2023 dönemlerinde de yıllık ortalamanın üzerine çıktığını gösteriyor. Her iki dönem, BTC‘nin önceki düşüşlerin ardından toparlanma sürecine girdiği zamanlarla örtüşüyor.

2019’daki geçiş, 2018 ayı piyasasının ardından geldi. 2023’teki benzer hareket ise 2022’deki sert düşüşün sonrasına denk geldi. Her iki örnekte de MVRV’nin yıllık ortalamasını yeniden aşması, piyasa koşullarının iyileştiğine işaret eden göstergelerden biri oldu.

Coin Bureau’nun dikkat çektiği nokta, mevcut grafikte de benzer bir geçişin görülmesi. Bununla birlikte grafik, geçmiş dönemlerdeki sinyal ile daha sonraki fiyat performansı arasında kesin bir neden-sonuç ilişkisi kurmuyor.

Bitcoin’de Ayı Piyasası Bitti mi?
MVRV momentumunun pozitif kalması, Bitcoin’in uzun vadeli görünümü açısından olumlu bir işaret olabilir. Ancak ayı piyasasının sona erdiğini söylemek için tek bir göstergenin yeterli olması beklenemez.

2019 ve 2023 örnekleri, benzer sinyallerin geçmişte toparlanma dönemleriyle çakıştığını gösteriyor. Buna rağmen her piyasa döngüsü farklı koşullarda ilerliyor. Geçmişte işe yarayan bir gösterge, gelecekte aynı sonucu garanti etmiyor.

Üstelik MVRV oranının yıllık ortalamanın üzerine çıkması, Bitcoin fiyatının bundan sonra kesintisiz yükseleceği anlamına da gelmiyor. Piyasanın bu sinyali kalıcı bir toparlanmaya dönüştürüp dönüştüremeyeceğini zaman içindeki fiyat hareketleri gösterecek.

Şimdilik Glassnode grafiğinin verdiği mesaj, Bitcoin’in değerleme momentumunun iyileştiği yönünde. Ayı piyasasının gerçekten sona erip ermediğini ise bu sinyalin devamlılığı ve fiyatın sonraki hareketleri belirleyecek.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

Bitcoin geçen haftaki sert düşüşün ardından toparlanmaya çalışırken Bitfinex, yatırımcıların yakından izlemesi gereken seviyeyi açıkladı: 74.400 dolar. Bu seviye, kısa vadeli Bitcoin yatırımcılarının ortalama maliyetini gösteriyor ve ağustos ayından bu yana önemli bir eşik olarak öne çıkıyor.

Bitfinex’e göre Bitcoin’in geçen haftaki düşüşte bu seviyenin yaklaşık %8 üzerinde tutunması, son alıcıların ortalama maliyetinin üzerinde kaldığını gösteriyor. Ancak 7 ve 8 Ekim’de ETF’lerden çıkan 729 milyon dolar, toparlanmanın önündeki riskleri artırıyor.

Bitcoin İçin 74.400 Dolar Neden Önemli?
74.400 dolar, Bitcoin’in kısa vadeli yatırımcılar için gerçekleşmiş fiyatı (Short-Term Holder Realized Price) olarak öne çıkıyor. Bu gösterge, yakın dönemde Bitcoin alan yatırımcıların coinlerini en son hareket ettirdikleri fiyatlara dayanarak ortalama maliyetlerini tahmin ediyor.

BTC bu seviyenin üzerinde kaldığında son dönemde alım yapan yatırımcıların ortalama maliyetlerinin üzerinde işlem görüyor. Fiyatın bu eşiğin altına gerilemesi ise daha fazla yatırımcının zarar bölgesine geçmesine yol açabilir ve satış baskısını artırabilir.

Bitfinex, söz konusu seviyenin ağustos ayından beri korunduğuna dikkat çekiyor. Şirketin değerlendirmesine göre Bitcoin’in geçen haftaki düşüşü de bu seviyenin yaklaşık %8 üzerinde kaldı. Bu görünüm, kısa vadeli yatırımcıların maliyet tabanının henüz kaybedilmediğini gösteriyor.

Bitcoin ETF’lerinden 729 Milyon Dolar Neden Çıktı?
Bitfinex’in dikkat çektiği diğer risk, ETF akışlarındaki zayıflama. Bitcoin piyasası için önemli bir talep göstergesi olan ETF’lerden 7 ve 8 Ekim’de toplam 729 milyon dolar çıkış yaşandı.

ETF çıkışlarının sürmesi, kurumsal yatırımcı talebinin zayıfladığına işaret edebilir. Bu durum, Bitcoin’in toparlanmasını destekleyecek yeni para girişlerinin önemini artırıyor.

Fiyatın kısa vadeli yatırımcıların ortalama maliyetinin üzerinde kalması tek başına yeterli olmayabilir. ETF çıkışları devam ederken Bitcoin bu seviyeye doğru gerilerse piyasanın toparlanması daha kırılgan hale gelebilir.

Bitcoin 74.400 Doların Altına Düşerse Ne Olur?
Bitfinex’in uyarısı, Bitcoin’in mutlaka 74.400 dolara düşeceği anlamına gelmiyor. Asıl risk, fiyatın bu seviyeyi kaybetmesi ve ETF çıkışlarının aynı dönemde sürmesi.

Böyle bir senaryoda kısa vadeli yatırımcıların bir bölümü zarar bölgesine geçebilir. Bu durum satış baskısını artırarak mevcut toparlanmayı zorlayabilir.

Bitcoin’in 74.400 doların üzerinde kalması ise kısa vadeli yatırımcıların maliyet tabanının korunduğuna işaret eder. Ancak bu seviyenin korunması da tek başına yeni bir yükselişi garanti etmez.

Bu nedenle Bitcoin için takip edilmesi gereken iki gelişme var: Fiyatın 74.400 dolar eşiğine karşı nasıl hareket edeceği ve ETF çıkışlarının devam edip etmeyeceği. Bitfinex’in değerlendirmesine göre bu iki unsur, mevcut toparlanmanın gücünü belirleyecek başlıca göstergeler arasında.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

Russia’s largest stock exchange is about to let ordinary people buy actual Bitcoin. The Moscow Exchange, better known as MOEX, is set to launch spot trading in a short list of digital assets starting December 1, 2026.

There is a catch, naturally. Retail investors will face an annual purchase limit of 300,000 rubles, or approximately $3,600, and they will need to pass a knowledge test before they can buy anything.

What MOEX is actually launching The rollout covers three assets for everyday investors: Bitcoin, Ether, and Tether’s USDT stablecoin. That’s the whole menu for anyone who doesn’t hold qualified investor status.

The bigger shift is the product itself. Until now, MOEX offered crypto exposure through derivatives, contracts that track a price without handing over the underlying asset. Spot trading means investors will own the coins rather than a bet on where they’re headed.

Qualified investors play by looser rules. They face no purchase limits and get access to a wider range of digital assets beyond the three-coin starter pack.

The legal plumbing behind the launch The trading framework rests on Federal Law No. 282-FZ, which took effect on September 1, 2026. The exchange started testing the system with professional market participants on October 1, 2026, giving itself two months of dress rehearsals before opening day.

MOEX is also taking a practical route on infrastructure. Rather than spinning up a standalone crypto venue, it will run digital asset trading through its existing systems and licenses. The exchange won’t need any new licenses beyond its current authorization as a trading organizer.

Settlement is getting outside help. MOEX is partnering with digital depositories to handle the back-end work of moving assets between buyers and sellers.

Banks are lining up too MOEX isn’t making this move alone. Sberbank and VTB, two of Russia’s major banks, are preparing digital asset services for their clients ahead of the December launch.

What this means for Russian crypto investors The three-asset limit is telling. Bitcoin and Ether are the two largest and most established crypto assets, while USDT gives investors a dollar-linked stablecoin option. Anyone hoping to trade obscure altcoins through the national exchange will need qualified investor status first.

Market analysts predict that approximately 80% of digital asset trading volume will remain in unregulated channels, highlighting the challenges of repatriating offshore crypto activity. Russians who already trade crypto through unregulated platforms have no purchase limits, no tests, and access to thousands of tokens.

For regulators, the framework creates visibility into a market that has largely operated out of view. Every trade on MOEX will be tracked, settled through approved depositories, and subject to central bank oversight.

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

Standard Chartered, which has recently attracted attention with its analyses of various altcoins beyond Bitcoin and Ethereum, has made a move regarding Ripple.

According to The Block, Standard Chartered has launched institutional custody services for Ripple’s stablecoin RLUSD through its Dubai International Financial Centre branch.

Institutional Custody Service for RLUSD Launched! At this point, Standard Chartered announced that it was expanding its XRP Ledger-based stablecoin infrastructure by launching institutional custody services for RLUSD.

According to the statement, the service is provided through the bank’s Dubai International Financial Centre (DIFC) branch. DIFC allows eligible corporate clients to hold their digital assets in the bank’s custody infrastructure.

The bank also added that it is working with Ripple and LMAX Group to make RLUSD acceptable as collateral under its Collateral Mirroring model. According to the bank, another aspect of this work involves extending Standard Chartered’s existing Collateral Mirroring model to LMAX Group.

This model aims to allow assets to be held in a custodian institution while the corresponding balances can be used as collateral on the trading platform. This enables institutions to access liquidity and reduce counterparty risk without transferring their assets to trading platforms.

What Does This Mean for the Institutional Cryptocurrency Market? This development has the potential to expand RLUSD’s use in institutional custody, collateral, and transaction processes. The previously announced partnership between Ripple and LMAX Group also aims to increase the stablecoin’s use in institutional markets.

Jack McDonald, Senior Vice President of Stablecoins at Ripple, stated: “RLUSD was developed specifically for these types of institutional use cases. Our clients want the efficiency of a regulated stablecoin without sacrificing the custody standards they already trust. Combining RLUSD on the XRP Ledger with Standard Chartered’s custody capabilities and LMAX Group’s institutional transaction infrastructure creates a practical way for institutions to use stablecoins in global markets.”

*This is not investment advice.

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Crypto analyst Darkfost posted that despite Ethereum (ETH) recently pulling back from $2,775 to roughly $2,500, a nearly 10% drop, the notional value of Binance’s ETH futures open interest fell by about $600 million over the same period. However, when measured in ETH quantity, its open interest has rebounded to the level at the end of September, standing at around 2.46 million ETH. Between October 8 and 9, the market liquidated approximately $345 million worth of ETH long positions in a 24-hour window. Even so, Binance’s share of total ETH futures open interest across major centralized exchanges has climbed to nearly 49%, a new high since 2023. Darkfost noted that this means that despite ETH’s price correction and some leveraged positions being liquidated, the amount of ETH traders have deployed to Binance’s futures market has not decreased notably, further strengthening Binance’s dominance in the ETH derivatives market.

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According to BIT (Bit.com) market data, Microsoft’s stock price hit a near one-year high, rising 0.8% intraday. On the news front, Microsoft plans to gradually increase the use of its self-developed AI chips in data centers to reduce reliance on NVIDIA GPUs. Microsoft stated that it will mainly rely on its self-developed Maia chip architecture to handle AI model requests in the future, and plans to deploy several gigawatts of computing power on the Maia series chips. Microsoft unveiled its third-generation AI accelerator chip, the Maia 300, on Monday, which is expected to enter production in 2027. Each data center rack can hold 96 Maia 300 chips, double the number of the previous-generation Maia 200; compared with GPUs, its AI token processing capacity per rack can reach up to 7 times higher, and the number of tokens processed per megawatt increases by approximately 40%. Microsoft said the Maia 300 is expected to boost AI service performance and lower data center operating costs. Evercore ISI analysts forecast that by the first quarter of 2027, Maia chips will account for around 10% of Microsoft’s AI chip spending.

3 minutes ago

Is ETH ready to rebound after its recent price pullback?

The second-largest cryptocurrency has retraced 6% over the past week, yet an important development suggests the bullish setup remains intact.

Many market observers believe ETH could soon reach a new all-time high, while one mysterious trader spent millions to open an extremely risky long position in the asset.

The Bullish Perspective
Popular X user Ash Crypto revealed that ETH closed its fourth consecutive week above the 50-week moving average (MA) after bouncing off multi-month support at $2,405. This is considered a major long-term trend indicator and suggests momentum remains on the bulls’ side (despite recent volatility).

“Four consecutive weekly closes above the 50-week MA is an encouraging signal for ETH. Holding this level could strengthen the bullish outlook, but confirmation on the next few candles will be key,” one X user commented on the post.

Many analysts think the asset could be on the verge of an imminent surge. Ali Martinez recently noted that ETH has formed an “Adam and Eve” bottoming pattern, outlining the neckline at $2,520 as the key zone.

“A sustained close above this level could confirm a bullish breakout and open the door for ETH to rally toward $2,640.”

For his part, Ted said ETH is currently facing resistance around the $2,560-$2,570 range. He believes that reclaiming this zone could set the stage for a pump to $2,700. X user BLADE noted the recent price correction but reminded that the asset has historically rallied after such dips.

“It’s a simple dynamic that keeps repeating. Same base as the 2025 bottom, so naturally I’d expect the same run over the months ahead. My target: $5K,” they said.

Meanwhile, investors have become increasingly aggressive on ETH. X user Gerla disclosed that Ethereum longs on Bitfinex have spiked by 266% in just a few weeks, reaching their highest level since 2022. Ash Crypto revealed that an anonymous whale opened a $50 million long position on ETH with 25x leverage and is currently less than $50 away from liquidation.

The Bearish Signals
Despite analysts’ predominant optimism, two key developments suggest the asset could underperform in the near future. The first is the recent performance of the spot ETH ETFs.

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As CryptoPotato reported, the investment vehicles recorded total outflows of more than $540 million last week, signaling that pension funds, hedge funds, and other conservative investors have reduced their exposure to the cryptocurrency. More concerning, spot ETH ETFs have posted nine consecutive red days, with September 28 as the last day inflows exceeded outflows.

Next is the rising amount of coins stored on crypto exchanges. According to CryptoQuant, the figure has risen to a one-month high of about 14.9 million units, which doesn’t guarantee a price collapse but increases immediate selling pressure.

ETH Exchange Reserve, Source: CryptoQuant

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According to official sources, Ontology announced that following the conclusion of its investigation into a security incident affecting its ecosystem projects, its mainnet has resumed block production and returned to normal operation. Ontology’s core network infrastructure remains secure, with no funds lost on the network. The earlier suspension of block production was a preventive measure jointly implemented by Ontology and its consensus nodes, designed to support the investigation and mitigate potential risks.

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AMD unveils Helion AI agent rack solution, with each rack supporting up to 32,768 CPU cores.

Beating AI News (from Dongcha) – AMD today announced the launch of the AMD Helion Agent AI Rack Solution. Built on an open infrastructure design compliant with Open Compute Project (OCP) specifications, the solution is engineered to meet the computing power demands of large-scale AI agent tasks, supporting flexible combinations of CPUs and GPUs.
It offers two primary configurations: The first is a CPU-only rack powered by 6th Gen AMD EPYC processors, supporting up to 32,768 CPU cores, designed for hyperscale deployments, providing dedicated computing power for agent tasks and connecting to separate model inference infrastructure. The second is an integrated rack combining AMD EPYC CPUs, AMD Instinct MI350P GPUs, and general-purpose compute nodes, targeted at enterprise-grade agent AI applications.
AMD states that Helion supports both liquid and air cooling configurations, allowing customers to adjust CPU and GPU resources based on their workload, performance, power consumption, and cost needs. The solution also integrates open-source software and hardware plus a built-in token router, enabling the distribution of agent model calls to both frontier and open-source models.
AMD plans to submit the Helion specifications to the OCP for further community development and adoption. Currently, the solution is being developed in collaboration with ecosystem partners, with a launch scheduled for November 2026.

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Head of Microsoft’s AI Agents Bets on 2027: AI Will No Longer Wait for Queries, Delivering Work Results Directly via Information Streams

Beating AI News: Nicolas Bustamante, head of Microsoft’s proactive AI Agent team, predicts AI streams will become the mainstream interaction method by 2027. Chat-based models leave too much work to users—requiring them to figure out AI’s capabilities, write prompts, provide context, and repeatedly direct agents. For billions to use agents daily, not everyone can be expected to master these tasks. Bustamante’s envisioned AI stream works like an auto-updated to-do list: AI drafts emails needing responses; when sales data refreshes, team reports are prepped. Users browse it like social media, approving, editing, or ignoring items, only turning to chat for complex issues. Meta’s Muse already proactively suggests and executes tasks. The model also has commercial logic: as users open the stream daily, AI recommends restaurants, goods or services based on their plans, with clearly labeled ads covering the agent’s operational costs.

8 minutes ago

A crypto whale reallocated its UBTC holdings into 16,700 ETH, worth $42.46 million.

According to monitoring by AI Aunt, a crypto whale address swapped its UBTC holdings for 16,704.47 ETH over the past 22 hours, worth approximately $42.46 million, at an average purchase price of around $2,541.89.

8 minutes ago

Microsoft's stock price has hit a nearly one-year high, and the company announced plans to massively deploy its in-house developed AI chips.

According to BIT (Bit.com) market data, Microsoft’s stock price hit a near one-year high, rising 0.8% intraday. On the news front, Microsoft plans to gradually increase the use of its self-developed AI chips in data centers to reduce reliance on NVIDIA GPUs. Microsoft stated that it will mainly rely on its self-developed Maia chip architecture to handle AI model requests in the future, and plans to deploy several gigawatts of computing power on the Maia series chips. Microsoft unveiled its third-generation AI accelerator chip, the Maia 300, on Monday, which is expected to enter production in 2027. Each data center rack can hold 96 Maia 300 chips, double the number of the previous-generation Maia 200; compared with GPUs, its AI token processing capacity per rack can reach up to 7 times higher, and the number of tokens processed per megawatt increases by approximately 40%. Microsoft said the Maia 300 is expected to boost AI service performance and lower data center operating costs. Evercore ISI analysts forecast that by the first quarter of 2027, Maia chips will account for around 10% of Microsoft’s AI chip spending.

8 minutes ago

GTC has surged 272% over the past 30 days, lifting its market cap to $28.9 million.

According to HTX market data, Gitcoin (GTC) has surged an additional 57% in the past 24 hours, currently trading at $0.2871, with its market capitalization climbing to $28.9 million. The token has rallied 136% over the past seven days and 272% over the past 30 days. Upbit officially announced today that it has listed Gitcoin (GTC), supporting trading pairs for the South Korean won (KRW) and Tether (USDT).

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Goldman Sachs upgrades its short-term global equity rating to "Overweight", forecasting the S&P 500’s third-quarter earnings growth rate will reach 27%.

Goldman Sachs has upgraded its global stock rating from "neutral" to "overweight" for the next three months, while retaining its bullish stance over the coming 12 months. The bank noted that sustained corporate earnings growth, stock valuations pulling back from summer highs, and reduced investor positioning have improved stocks’ risk-reward ratio. FactSet data shows the S&P 500’s 12-month forward price-to-earnings ratio has fallen from 21.1x in early June to 19.1x, compared to roughly 22x at the start of the year. Goldman Sachs projects S&P 500 constituents will post 27% year-over-year earnings growth in the third quarter, marking the third consecutive quarter of earnings gains exceeding 25%, with AI infrastructure investment remaining a key driver. On regional allocation, the bank maintained "overweight" ratings for U.S. and Asian stocks, and an "underweight" rating for European equities. Meanwhile, Goldman Sachs upgraded its 12-month government bond rating to "overweight", recommending a "barbell strategy": allocate to tech stocks on one end, and stocks with bond-like characteristics on the other, while favoring shorter-duration bonds and cash assets. The bank also warned that rising U.S. Treasury yields, higher energy prices, and uncertainty around the U.S. midterm elections could still exacerbate market volatility. Its bullish outlook remains contingent on sustained delivery of corporate earnings and no further deterioration in financial conditions.

8 minutes ago

Samsung plans to add USDC transfers to its Wallet app during the last week of October. The company says 82 million U.S. Galaxy devices are compatible, but access will depend on age, residence, operating system, identity checks and supported destinations. A phone that can run the feature is not the same as a person who has opened and funded a stablecoin account.

Summary

Samsung Wallet plans USDC support in the last week of October for eligible U.S. Galaxy users, with 82 million compatible devices cited as reach rather than active customers. Users must be at least 18, hold a Samsung account, have a compatible device running Android 13 or later, complete identity checks and set up biometric authorization. Transfers to compatible crypto wallets may carry no Samsung fee, while transfers to eligible bank accounts in more than 60 countries carry destination dependent fees. Bastion will operate custody, account and compliance services with Coinbase Prime Vault as subcustodian; Solana and Sui are named blockchain infrastructure partners. Samsung has described future online and in store payments as possible additions, not services promised for the first rollout. Samsung’s October 7 announcement says eligible Galaxy owners in the United States will be able to send USDC to compatible external wallets and bank accounts abroad. The built in interface removes the need to install a separate crypto app or manage private keys personally. That convenience rests on regulated partners running the account and transfer infrastructure behind the screen. Samsung itself says it will not be the bank, custodian or money transmitter holding customer funds.

JUST IN: Samsung taps Solana for $USDC payments for its Galaxy users in the U.S.

The rollout will let Samsung Wallet users move money internationally through Solana, with the feature expected to reach 82M Galaxy devices starting in the final week of October. pic.twitter.com/Hd1FYVqFqK

— crypto.news (@cryptodotnews) October 8, 2026 The full eligibility and fee notes sharply narrow the headline device count. Applicants must be U.S. residents aged 18 or older with a Samsung account and compatible Galaxy hardware running Android 13 or later. They must complete identity verification and biometric setup. A qualifying sender still needs an allowed destination and recipient. The rollout is scheduled for the last week of October and has not begun as of October 12.

82 million devices are an addressable base Samsung says 82 million Galaxy devices in the United States are compatible with the stablecoin functionality. The footnote explicitly defines the figure as compatible devices, not unique adults, verified customers or active senders. Some people own more than one device. Others will not want a stablecoin account, fail onboarding, live outside the applicable residence test or use a phone without the required system version.

Even among eligible owners, payment utility depends on funding and a reason to send. Someone who never purchases USDC does not add to transfer volume. A person who moves funds once to test the app contributes differently from a household that sends remittances every month. Samsung has not published forecasts for enrollment, balances, monthly active users, transfer value or cross border corridors. Converting 82 million directly into a user count would be an error.

The age and residence terms restrict access at launch. A Galaxy user overseas may own the same model but cannot infer eligibility from hardware. Samsung says future international expansion will depend on regulatory conditions in each country. Recipients outside the United States may be able to receive into supported wallets or bank accounts, but that does not make the full Samsung Wallet account service available to them.

Identity verification makes onboarding different from sending an ordinary contact or picture from a phone. Bastion will screen users and transactions under its regulated infrastructure, according to its partner announcement. A registered Galaxy device and biometric confirmation are intended to authorize each transfer. Neither measure removes fraud risk if a user is tricked into sending to an attacker controlled address or a recipient supplies the wrong wallet network.

Samsung says access appears inside the Wallet interface used for payment cards and other credentials. A familiar button may lower setup friction, but bank account funding, purchase limits, identity decisions and recipient availability still determine whether it becomes a routinely used money service. The first post launch metric should be successfully onboarded senders, not the number of phones on which an icon can appear.

Two routes leave the Wallet app The first route sends USDC to an external wallet or exchange account that accepts USDC on a blockchain supported by Samsung Wallet. Samsung says eligible transfers can complete in seconds and that it does not charge a transfer fee for this route. Its footnotes caution that a receiving provider may charge its own fee and that timing depends on network conditions. A sender must check the token, chain and destination address before confirming.

The second route sends value to a qualifying bank account in one of more than 60 destination countries, with a recipient potentially receiving local currency rather than a crypto token. Bastion says it converts USDC and routes payouts through local regulated partners. Samsung states that bank transfer fees vary by destination and amount and that the app will display them with an estimated delivery time before confirmation. Bank eligibility and local operating conditions can delay or prevent payment.

JUST IN: Apple and Samsung signal potential stablecoin support for Apple Pay

Apple has posted a job listing seeking stablecoin expertise with compensation of up to $280,000, while Samsung is also reportedly planning stablecoin support for Samsung Wallet; together, the two… pic.twitter.com/UFkIcFdj9m

— crypto.news (@cryptodotnews) September 21, 2026 These routes solve different customer problems. A wallet to wallet transfer leaves the recipient with a digital dollar that they may hold, spend or convert themselves. A bank payout is a remittance service that includes foreign exchange, local payment rails and account validation. “No transfer fee” in Samsung’s crypto wallet route should not be pasted onto the bank payout route. The exchange rate and local currency amount matter alongside the stated fee.

For a household comparing providers, the relevant number is what reaches the recipient after all charges and conversion. A low displayed transfer fee can be outweighed by a worse currency rate or a recipient bank charge. Samsung has not published a complete country list or fixed corridor price table in the release. A launch day comparison will require an actual quoted amount, a destination, a timestamp and confirmation that the recipient account type qualifies.

Samsung’s announcement describes future online and tap to pay stablecoin purchases as possibilities. The launch product is a transfer service. A merchant cannot assume that every Galaxy user will pay with USDC at checkout in the last week of October, and an analyst cannot count retail payment transactions before the function exists.

Who holds the USDC? Bastion is the licensed infrastructure provider handling stablecoin accounts, custody operations, identity controls and remittance functions, according to Samsung and Bastion. Coinbase acts as its subcustodian through Coinbase Prime Vault. Bastion says it maintains a ledger for user balances and executes transfers on supported blockchains. Samsung supplies the user facing Wallet environment and device authentication but says it does not hold the customer’s funds.

This division matters when something goes wrong. A missing balance could involve a user interface, a partner ledger, a custody account, an onchain transfer or a payout institution. The parties’ public releases identify broad roles but not every dispute process, insurance limitation or allocation of responsibility for an erroneous destination. Customers need the service terms and a transaction reference to determine who can correct a particular problem.

Private keys are not managed directly by the user in this design. That can reduce the risk of losing a recovery phrase while introducing reliance on account access and the providers’ controls. An owner whose registered phone is lost, stolen or replaced would need an account recovery process that preserves security without trapping legitimate balances. Samsung emphasizes biometric authorization on registered hardware, but the product announcement does not detail every recovery and dispute scenario.

Custody at a regulated partner should not be confused with a bank deposit at Samsung. USDC is a stablecoin and carries issuer, custody and operational exposure, while an outbound bank transfer includes additional intermediaries. Samsung’s service footnote says accounts, custody and money movement come from partners. A user should know which entity owes them a balance before treating an in app number as equivalent to cash in a checking account.

The separation may help Samsung scale without becoming a direct custodian in each country. It also means availability depends on partner licenses and sanctions screening. Bastion says it checks addresses and monitors transactions for fraud and money laundering risks. A transfer might be refused or held while a provider checks it; the announcements do not promise unrestricted transfers to every compatible address.

Solana and Sui are both in the plan Samsung names Solana and Sui among blockchain infrastructure partners. Solana’s announcement emphasizes USDC remittances on its network from late October. Sui’s account describes access to USDC on Sui and gasless transfers. Samsung’s own release names both as partners, without publishing a definitive menu of which network and destination combinations will be available to each customer on the first day.

An external recipient must be compatible with the network selected in Samsung Wallet. A USDC token on one chain is not automatically deliverable to an address expecting another chain’s asset. An app that abstracts chain selection could help, but a sender should still review the destination and any network label. The wallet’s actual validation prompts and supported route list should be checked when the service goes live.

The promise that a user does not manage private keys does not mean blockchains vanish. Bastion will execute transfers and record balances while network partners supply transfer rails. If a blockchain is congested or experiences an interruption, the customer may see a pending transfer even though the Samsung interface is working. A bank payout can also be delayed after the onchain part completes because local payment systems have their own processing windows.

Network fees and customer fees are separate accounting items. Samsung says it charges no transfer fee for external wallet sends; a partner could cover an underlying chain cost, or network design could reduce it. An infrastructure claim about gasless transfers on Sui does not imply every bank payout is free. Samsung’s fee notes specify that charges for recipient bank transfers depend on the corridor and amount.

SUI and SOL holders should avoid translating the 82 million device figure into token demand. Even if transfers use a chain, the gas cost per payment may be small or paid by a partner. The relevant figures are actual transfer counts by chain, fees paid in native tokens and operating balances held by service providers. None has been reported for Samsung Wallet’s forthcoming service.

Remittances depend on the last mile Bank account payouts require a local institution or payment provider to receive instructions and deliver domestic money. Bastion says its network of local regulated partners handles that part. Availability in more than 60 countries does not guarantee support for every bank, account type, recipient or transfer amount in a country. Samsung’s own terms say recipient eligibility varies.

A successful sender experience has several checkpoints: purchase or receipt of USDC, authorization on a registered device, partner screening, conversion, local payout and a recipient confirmation. A failure at one checkpoint should produce an intelligible status and a route to refund or resolve the transfer. Samsung has not published corridor level completion rates, refund times or dispute statistics ahead of launch.

Exchange rates can change between initiation and completion if a quote is not locked under the applicable terms. The exact policy needs examination in the product’s live disclosure. A sender may see an estimate before final confirmation, and the recipient may care more about the final local currency than the USDC amount debited. A fair comparison with conventional remittance apps requires the same sending amount and destination at the same time.

For a recipient with an external crypto wallet, the last mile may be a local exchange or merchant willing to accept USDC. No Samsung fee on the onchain send cannot remove those conversion or cash out costs. If the recipient instead receives a bank deposit, Bastion and its partners handle conversion but may charge for that convenience. Neither route is universally cheaper without a specific corridor quote.

Coverage of the product announcement pointed out that Samsung had not published a full destination list or detailed bank transfer fee schedule. The lack of a table prevents a rigorous numerical claim about savings today. A feature can establish the service architecture and identify what to test in the app when it opens.

How adoption could be judged after launch The rollout is scheduled for the last week of October, so October 12 is too early for performance statistics. Samsung’s first announcement gives potential reach, eligibility, partner structure and planned destinations. Verification begins when a real eligible user can enroll, fund an account and complete a transfer to a supported recipient. Screenshots or a press demo are not substitutes for repeated settlement across corridors.

Useful measures include verified users, first successful sends, repeat monthly senders, median transfer size, share of bank payouts versus wallet transfers and completion time by route. Net recipient amounts and total costs would allow comparison with bank wires and other remittance providers. A country count alone may hide a concentration in a handful of heavily used destinations.

Fraud and service interruptions need equal attention. Biometric approval can confirm that a phone owner authorized an action but cannot establish that a recipient is trustworthy. Recovery time after a stolen device and support for mistaken addresses matter. A product with rapid settlement should make recipient verification and transfer status clear before a sender commits funds.

Commercially, Samsung may benefit from more frequent Wallet use even if it never issues a token. Bastion, Coinbase and payout partners may earn fees or other revenue under undisclosed contracts. Solana and Sui may process transfers. Circle’s USDC could gain distribution. The initial releases do not disclose revenue shares, customer acquisition targets or the number of stablecoin dollars Samsung expects to move.

The distinction between compatible hardware and service users will persist after release. Reporting 82 million devices is a useful distribution fact. Reporting actual account activations and successful payments will be a use fact. Both belong in coverage, but only the latter can establish whether the rollout changes cross border payment behavior.

What the transfer screen cannot settle Samsung’s announcement leaves several consumer protections to the partners’ service documents. A transfer may be authorized by a registered device yet later placed on hold by screening. A sender may dispute a payout that a local bank rejects. An onchain transfer to a valid but wrong address can be difficult or impossible to reverse after settlement. Each event has a different responsible party, and a polished app interface alone does not tell the customer whom to contact.

Account recovery is particularly important for a phone centered wallet. If a user loses their Galaxy device, biometric verification on that phone can no longer approve a transfer. The recovery procedure must establish the person’s identity, revoke the old device where appropriate and secure access on a replacement. A criminal who takes over a Samsung account may attempt to add hardware or reroute money. Samsung and Bastion say they use identity and device controls, but the public release does not describe recovery waiting periods, transaction limits or reimbursement rules.

Custody arrangements have a similar boundary. Coinbase Prime Vault may safeguard pooled USDC under Bastion’s instructions, while Bastion’s customer ledger records each user’s share. An onchain explorer can display a pooled address without revealing the legal entitlement of each app customer. An audit of assets should be compared with liabilities on Bastion’s ledger and the terms of the subcustody arrangement. Samsung has not published a service specific proof of reserves or individual account statements ahead of launch.

Sending to a bank account requires a separate identity match and local payout acceptance. The recipient may need a name and account number that pass screening, and a local bank may reject or return an incoming transfer. A refund could take a different path from the original send because USDC was converted to local currency. Questions about exchange rate changes and fees on a returned payment cannot be answered from the rollout announcement; the live terms should disclose them.

JUST IN: PayPal launches PYUSDx, a stablecoin infrastructure allowing companies to build branded stablecoins on top of PYUSD

The infrastructure layer is already live with Saturn, Concrete and Cap, processing more than $100M in volume and shifting PayPal’s focus from owning the… pic.twitter.com/BKg6IX5mVF

— crypto.news (@cryptodotnews) September 12, 2026 Funds entering the service raise another cost question. Samsung says a “Buy Stablecoin” option will show USDC as the default dollar token. The release does not give a universal price for purchasing USDC with a card or bank transfer or describe every funding method. The customer may pay for an onramp even when Samsung does not charge for the later onchain send. A comparison that starts only at the transfer button would omit part of the total remittance cost.

The network a sender chooses affects the recipient too. Some exchange deposit addresses support USDC only on a selected chain. A deposit sent on another network may not be credited automatically even if the token name is the same. Samsung’s footnote limits compatible wallets to those supporting USDC on a network the Wallet service supports. Launch day testing should inspect whether the interface checks the receiving chain and how prominently it warns about an incompatible destination.

Stablecoin value is another distinction from payment certainty. USDC is intended to track a dollar, but the app user still depends on the issuer’s redemption arrangements and the price available during conversion. For an eligible bank recipient, Bastion’s payout partners need enough local currency liquidity to deliver the quoted amount. A chain settlement in seconds does not guarantee a bank deposit in seconds. Samsung itself states that bank delivery times vary.

None of these unanswered items means the service cannot work. They identify what turns compatible hardware into an actual financial product. A reporter can enroll under the published terms when access opens, quote a transfer to a real supported corridor without sending sensitive account details, and compare the confirmed fee and rate with an alternative on the same day. Later reporting can use completed transfers and recipient outcomes instead of treating the initial device count as adoption.

What to watch Launch date: Check whether the service becomes available during the last week of October as Samsung plans. Eligibility: Test the U.S. residence, age, Android version, Samsung account, identity verification and biometric requirements. Destination list: Confirm supported wallet networks and eligible bank accounts in each advertised country. Actual cost: Compare recipient local currency after fees and exchange conversion, not only Samsung’s no fee wallet transfer claim. Custody and support: Read Bastion and Coinbase service terms for balance ownership, device recovery, errors and disputes. Adoption: Seek verified active senders, repeat transfers, corridor specific delivery times and chain level transaction figures. FAQ Is the Samsung USDC service live today? No. Samsung scheduled the Wallet rollout for the last week of October 2026. Availability may depend on eligibility and device rollout.

Who can sign up in the United States? Eligible U.S. residents aged 18 or older need a Samsung account, a compatible Galaxy device on Android 13 or later, identity verification and biometric setup.

Are all 82 million compatible phones active users? No. Samsung describes 82 million as the number of compatible U.S. devices. It is not an enrollment or usage statistic.

Is sending USDC free? Samsung says it does not charge a fee for eligible transfers to compatible external wallets, though recipients’ providers may charge. Bank account remittances have fees that vary by destination and amount.

Does Samsung custody the stablecoins? Samsung says partners provide stablecoin accounts, custody and money movement. Bastion operates those services with Coinbase Prime as subcustodian.

Which blockchains are supported? Samsung names Solana and Sui as infrastructure partners. The full first day route and network menu should be confirmed in the live app.

Can recipients receive local currency in a bank? Eligible bank accounts in more than 60 countries are in the planned service. The specific banks, fees and delivery times depend on the destination.

Can users pay at shops with USDC in Samsung Wallet? Samsung described online and in store stablecoin payments as potential future features. The initial announcement concerns transfers.

Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. Figures reflect regulatory filings and reporting available at the time of writing and change with each disclosure. Nothing here is a recommendation to buy, sell, or hold any security or asset. Always do your own research. Information is accurate as of October 12, 2026.

Zcash (ZEC) has climbed 8.34% in the past 24 hours to approximately $1,325 on October 12, with trading volume rising 175.80% as traders assess whether the cryptocurrency can overcome resistance near $1,330 and extend its recovery toward $1,400.

Summary

Zcash gained 8.34% over 24 hours, trading around $1,325 as investors watched nearby resistance levels. ZEC trading volume climbed 175.80% from the previous day, according to CoinGecko market data figures. Analyst Austin Barack identified $1,330 as an important trendline level following Zcash’s recent price recovery. Eric Van Tassel warned that a possible head and shoulders pattern still needs neckline confirmation. Zakura expects postquantum signature instructions in January, while its privacy focused wallet development continues separately. According to CoinGecko, which recorded ZEC trading near $1,325.39, the cryptocurrency posted a modest 0.92% gain over seven days despite its strong daily performance. Trading volume reached approximately $971.8 million, while its market capitalization stood near $22.51 billion, placing Zcash tenth among tracked cryptocurrencies. 

The latest advance followed a correction from September highs near $1,700, with technical indicators offering different readings on whether buying momentum can continue.

Zcash price recovers as trading volume jumps 175% Zcash has attracted increased trading activity following several weeks of price fluctuations. CoinGecko reported that daily volume rose from the previous day’s level by approximately 175.80%, reaching nearly $972 million during the October 12 market snapshot. The increase accompanied an 8.34% price advance, although the figures alone do not establish whether the activity came primarily from new purchases, existing holders selling or short-term traders adjusting their positions.

With roughly 17 million ZEC circulating, the cryptocurrency’s market capitalization reached approximately $22.5 billion. CoinGecko’s historical data placed the token’s record high at $3,191.93 and its lowest recorded price at $16.08. At the reported October 12 price, ZEC remained approximately 58.30% below its historical peak despite recovering substantially from earlier lows.

Recent trading has taken place after Zcash reached approximately $1,700 during its September rally. The subsequent correction brought the cryptocurrency toward $1,200 before buyers returned. Although ZEC has recovered above $1,300, the October 12 reading remains below the price reached during September’s strongest advance.

A previous Zcash price assessment on October 9 examined the token’s recovery above $1,200 and identified easing selling pressure on shorter trading intervals. The analysis found that ZEC remained above its 50-day exponential moving average, although the 20-day average continued to present resistance at that earlier snapshot.

Zcash price faces resistance near $1,330 and $1,400 Crypto analyst Austin Barack has identified the $1,330 area as a level to watch following Zcash’s rebound from its recent correction. In an October 12 assessment, Barack said ZEC had defended its 50-day moving average and was approaching a descending trendline that could influence its next move. He placed that trendline near $1,330 and described a sustained recovery above it as a possible signal of renewed upward momentum.

Great signal that $ZEC held support at the 50 day moving average so well. 2nd signal for me of it regaining momentum would be to regain the blue trend line which today sits at around $1330. A hold above there and imo there's a very strong setup to quickly make new ATHs,… https://t.co/QB8mbhWmRs pic.twitter.com/2FMxznrPBV

— Austin Barack (@AustinBarack) October 11, 2026 Barack stated that holding above the trendline could create a favorable setup for another attempt at Zcash’s historical highs. However, the prediction depends on the cryptocurrency maintaining that level and attracting sufficient buying interest. The analyst further pointed to a reduction in leveraged market positioning, saying open interest had returned toward a lower range of approximately 1.1 million ZEC after the recent correction.

TradingView daily chart showed ZEC near $1,329.35, with the 20-day exponential moving average at $1,321.64. The 50-day average stood at $1,194.97, followed by the 100-day average at $981.82 and the 200-day average at $755.99. Since the price remained above all four averages, the chart maintained a positive longer-term moving-average structure, although ZEC had only a narrow margin above the shortest of those indicators.

Zcash (ZEC) price chart, source: TradingView For a stronger recovery, the technical assessment identified $1,350 as the first resistance area, followed by $1,400. A sustained move beyond both levels could bring $1,500 into focus, with further resistance between $1,550 and $1,700. Those figures represent conditional technical reference points, not confirmed future prices.

The earlier October Zcash outlook identified resistance around 1,420–1,500 after the token’s pullback from its September peak. That assessment examined a possible recovery but acknowledged the risk of another decline if buyers failed to maintain nearby support.

Analysts disagree on whether ZEC’s recovery will last Although Zcash has recovered above $1,300, crypto analyst Eric Van Tassel has raised concerns about a possible head-and-shoulders chart pattern. In an October 12 post, Van Tassel said the cryptocurrency had reached approximately $1,298 during the formation of a potential right shoulder before facing selling pressure. He compared that level with the left shoulder’s high near $1,297, identifying a close match between the two price areas.

Let's take a look at this potential H&S pattern developing for $ZEC. The price just hit $1,298 on the right shoulder and rejected. The left shoulder high was $1,297 so there's confluence between the two shoulders at that price level.

Now we watch to see how price action plays… pic.twitter.com/AYN9kNjJ1b

— Eric Van Tassel (Not a Financial Advisor!) (@XRPathologist) October 11, 2026 A head-and-shoulders pattern typically consists of three price peaks, with the middle peak higher than those on either side. Technical traders often watch for a move below a connecting support line, known as the neckline, before treating the pattern as a possible bearish signal. Van Tassel stressed that the formation remained incomplete and that a temporary move below the neckline would not provide sufficient confirmation.

The analyst explained that the setup would require ZEC to remain below the head of the pattern before breaking beneath its neckline and holding below that level. He cautioned that there was “no guarantee this pattern plays out”, describing it as a risk-management observation rather than a prediction. The supplied October 12 price readings above $1,300 show why the pattern should not be presented as an already confirmed reversal.

The daily MACD indicator offered another cautious signal. Its MACD line stood at -0.21, below the signal line at 29.27, while the histogram remained negative at -29.48. According to the chart interpretation, the negative reading suggested that upward momentum had weakened despite the latest daily price increase.

If selling resumes, the technical assessment identified initial support between $1,300 and $1,322, followed by the 50-day exponential moving average near $1,195. A sustained decline below that longer-term support could bring the $1,000 area into focus, with the 100-day moving average near $982. Alternatively, continued trading between $1,200 and $1,400 would fit the consolidation scenario described in the supplied analysis.

Zcash developers target January for quantum-resistant signatures Away from market trading, Zcash infrastructure developer Zakura has outlined plans to introduce additional protections against future quantum-computing threats. In an engineering update, developer Roman Akhtariev said the team expects post-quantum signature instructions to become available in January 2027. The proposed technology would allow transparent Zcash transactions to use hash-based signatures as an alternative security mechanism.

Here's our plan for quantum-safe, unlinkable, rotating taddrs. Possible with Zcash, today.

While others are worrying about the viability of rotating transparent addresses, we're already solving linkability.https://t.co/LE0OOKUKgA

— Zakura (@ZakuraZcash) October 8, 2026 Zcash supports transparent transactions, which reveal payment information publicly, and shielded transactions, which protect transaction details through privacy technology. Zakura’s proposal focuses on transparent wallets, where public keys can become visible when users spend funds. The team recommends moving remaining funds to fresh addresses and using hash-based signature techniques to reduce exposure to future attacks against existing cryptographic systems.

According to Akhtariev, the design combines rotating addresses with a technology called private information retrieval, or PIR. The system allows wallet software to search transaction records without revealing every address being checked to the server handling the request. Zakura said the approach could help users track balances across multiple transparent addresses while reducing the amount of wallet information disclosed during synchronization.

The developer identified Winternitz One-Time Signatures, commonly called WOTS, as a possible hash-based backup signature method. Unlike conventional elliptic-curve signatures, hash-based approaches rely on cryptographic hash functions. Zakura described its proposed implementation as part of an effort to prepare transparent transactions for advances in computing capabilities, although the January schedule remains a development target and does not establish that a mainnet upgrade has been approved.

Separately, Zcash developers have continued work on the NU7 network upgrade. The project’s official protocol repository records a testnet activation height of 4,465,026, while the mainnet activation schedule remains subject to the required development decisions.

The Zcash Foundation’s Zebra release documentation identifies November 5 as a tentative mainnet target for NU7, with a network upgrade intended to reduce the target block interval from 75 seconds to 25 seconds. Developers have instructed affected node operators to prepare compatible software ahead of the proposed activation, while the final rollout remains dependent on testing and release readiness.

Zakura’s engineering update states that experimental private queries are already available through Vizor wallet settings. The team plans to expand the feature while continuing development of the proposed January signature support, with the experimental option accessible through a setting labeled Private queries.

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Uniswap's UNI burn on Robinhood Chain has almost dried up. Over the past few days, the chain has burned only approximately 4,000 UNI per day. That is the lowest level since the burn mechanism launched on Robinhood Chain. The slowdown is not confined to one chain. Across all chains, daily UNI burns have recently sat between 12,000 and 14,000 tokens. That is an all-time low for the UNI burn.

Robinhood's activity goes downRobinhood Chain's own data shows how quickly things changed. Burns started in late July at roughly 20,000 to 60,000 UNI per day. They cooled to around 20,000 in mid-August, then climbed again from late August. In early September, daily burns exceeded 150,000 UNI, the highest single-day total on the chain. 

That peak did not last. Burns fell through September and stayed mostly below 20,000 UNI per day by the end of the month. In the past few days, they dropped to only a few thousand. The chart shows a steady slide, not a sudden crash.

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Source: DefiOasisThe wider picture is similar. Earlier this year, Ethereum made up most of the burn. Base added a large share in the spring, and Arbitrum and Robinhood Chain added more through the summer. At the busiest points, total daily burns came close to 190,000 UNI. Today's 12,000 to 14,000 is a small fraction of that.

Trading activity reflects the trendThe burn appears to follow trading activity on Uniswap. When fewer people trade tokens, less is burned. The drop on Robinhood Chain indicates that activity there has cooled considerably since its September peak. The data does not show why, so any cause is speculation for now.

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This matters for UNI holders because burning reduces the token supply. A weaker burn means less supply is removed every day. It does not say anything about price by itself, and the market has many other factors. For now, the key number to watch is the multi-chain daily total. If it remains near 12,000 to 14,000 UNI, the burn will continue running at its lowest pace on record. A pickup in Robinhood Chain trading could be the clearest signal of a turnaround.

Solana is transitioning to an era of producing five blocks per second, reducing the target block time on the network to 200 milliseconds; however, this speed increase will also raise the workload for validators.

The Solana network has reached the final stage of a seven-week update process aimed at improving network performance. The update, codenamed SIMD-0525, aims to reduce the target block time from 250 milliseconds to 200 milliseconds.

In Solana, the target block time was 400 milliseconds until August. The network switched to 350 milliseconds on August 21st, 300 milliseconds on August 28th, and 250 milliseconds on September 18th. With the final phase, the initial target time will be halved.

The new structure theoretically creates the opportunity to produce five blocks per second. Thanks to shorter timeframes, wallets, decentralized exchanges, and other applications will be able to access up-to-date information on the chain more quickly. The time it takes for transactions submitted by users to be included in a block may also be reduced.

However, the change doesn’t automatically double Solana’s total theoretical processing capacity. The computational limit per block will be reduced from 37.5 million units to 30 million units. Blocks will be generated more frequently, but each block will carry less computational work.

Faster blocks may make some latency-driven transactions, which exploit price fluctuations across different exchanges, more difficult. Conversely, this could increase operating costs and strain network connectivity as validators will need to submit votes more frequently.

The validity period of the current block references used in transactions will also be shortened. This could create timing issues, especially for transactions requiring hardware wallets, manual confirmation, or offline signatures.

The previous target of 250 milliseconds resulted in an actual average of around 266-269 milliseconds, indicating a possible discrepancy between the target and actual performance. Therefore, how the 200 millisecond setting performs under real network conditions, how many block opportunities validators miss, and whether transaction failures increase will be closely monitored.

*This is not investment advice.

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A Hong Kong fund that tries to earn yield without betting on crypto prices now lives on Solana.

2WA has tokenized its USDGO Plus SP fund on the Solana blockchain. OSL Group (HKEX: 863) is handling custody and announced the move on October 8, 2026. 2WA describes the product as the first market-neutral fund built on a US dollar-backed stablecoin.

What 2WA and OSL actually launched The fund’s formal name is PrimePlus SPC’s USDGO Plus SP. 2WA developed it and launched it in August 2026. It runs on USDGO, a stablecoin backed by the US dollar.

Access is not open to everyone. Only eligible professional investors in Hong Kong can buy in.

Investors reach the fund through the OSL HK app. The app shows real-time net asset value (NAV) updates, so holders can see what their units are worth at any moment.

Subscriptions and redemptions happen daily. A T+0 express redemption feature is planned for late October 2026.

OSL holds the fund’s assets, including the underlying USDGO. Its Hong Kong custody operation carries over $1 billion in digital asset insurance coverage.

How a market-neutral crypto fund makes money The strategy centers on funding-rate arbitrage across crypto derivatives markets. The fund deliberately steers clear of directional positions.

In perpetual futures markets, traders on one side usually pay traders on the other side a periodic fee. That fee is called the funding rate. It exists to keep the contract’s price anchored near the price of the underlying asset.

The early numbers look healthy. As of October 7, 2026, the fund reported a 16.67% return since inception. Its annualized return over the prior 30 days was 17.05% before fees.

For context, the fund launched in August 2026. So the 16.67% figure covers only a short window. Thirty-day annualized figures can also swing quite a bit, since they extrapolate one month into a full year.

Why tokenizing a traditional fund matters The key structural point is that the tokenized units sit inside a traditional fund vehicle. The blockchain layer does not replace the regulated wrapper. It runs on top of it.

OSL frames the launch as a step toward merging traditional finance with digital asset technology. The firm is positioning itself as the regulated plumbing for these products: custody, compliance and distribution through its app.

What this means for investors and the tokenization race The most immediate audience is Hong Kong’s professional investor pool. For them, the pitch is straightforward. They get crypto-native yield without needing a view on where Bitcoin or any other token is headed next.

Funding-rate strategies depend on traders continuing to pay those fees. When markets cool or positioning flips, funding can shrink or even turn negative. A 17.05% annualized figure from a single 30-day stretch is a snapshot, not a guarantee.

Investors should also note the before-fees qualifier on that figure. Net returns will land lower once costs come out.

The custody setup is a meaningful selling point. Over $1 billion in insurance coverage and a listed custodian give cautious investors something familiar to hold onto.

The T+0 redemption plan is worth watching closely. Same-day liquidity is one of the clearest advantages tokenized funds can offer over legacy structures. If OSL delivers it in late October 2026 as planned, it becomes a concrete feature competitors will need to match.

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