XASH spustil na Solaně veřejnou betu: uživatelé stablecoinů získávají podíly ve fondu tokenizovaného zlata PAXG na základě měsíčně získávaných XP bodů za aktivitu v DeFi.
Unchained Premium recently featured Kevin Huynh, the co-founder and CEO of XASH, to discuss the company’s new rewards platform for stablecoin holders on the Solana blockchain. The platform delivers tokenized gold, specifically Paxos Gold (PAXG), as rewards to users who participate in Solana DeFi venues. Huynh outlined how XASH pivoted from its original idea of creating a gold-backed synthetic dollar, opting instead for a rewards model that aligns with both user demand and operational feasibility.
From synthetic dollar to tokenized gold rewardsXASH originally pursued a gold-backed synthetic dollar but later dropped this plan due to the high costs and complexities of maintaining the required hedging operations. Instead, the company introduced a rewards platform where users who hold stablecoins on Solana can earn shares of a PAXG gold pool. These rewards are determined by monthly XP points, which act as a scorecard reflecting user activity across supported DeFi protocols such as Kamino and Orca.
XASH initially aimed to launch a gold-pegged synthetic dollar, but the need for a constant and expensive hedging operation led the team to shelve this approach in favor of a direct gold rewards system.
By connecting a Phantom or Solflare wallet, users can interact with DeFi protocols and earn XP points without depositing funds directly with XASH. This allows decentralized engagement and ensures security for participants. Huynh noted that the platform’s rewards are distributed in PAXG rather than stablecoins, cash back, or utility tokens, aligning with early adopter interest in gold as a store of value.
Origins of the rewards pool and business modelThe gold rewards distributed to users originate from a market development fund that is backed by venture capital investors. Huynh emphasized that the long-term vision is to serve stablecoin issuers as primary customers, helping them incentivize adoption and drive distribution of their tokens within Solana’s decentralized finance ecosystem.
As further context, Huynh referenced incentives for PayPal USD vaults on Kamino, illustrating how issuers allocate significant resources to promote new stablecoins. He stated that XASH’s model leverages these marketing efforts through their gold reward mechanism, making the process mutually beneficial for users and token issuers.
Mini dictionary: Paxos Gold (PAXG), an ERC-20 token backed by physical gold and issued by Paxos Trust Company, allows users to own fractional amounts of gold on the blockchain and redeem tokens for physical metal if desired.
Why Solana was chosen over EthereumHuynh also explained XASH’s decision to launch on Solana, citing reasons such as lower transaction costs and faster settlement compared to Ethereum. He stated that these technical advantages align well with the company’s focus on streamlined user experience and efficient reward distribution. The platform has now moved from a closed beta to a public beta, with Huynh highlighting feedback from the initial wave of users who prefer gold rewards over cash incentives.
Stablecoin issuers seeking broader market presence are the eventual customers XASH aims to serve, while the platform’s structure offers direct value to early adopters through gold-based incentives.
XASH developed its business model to remain effective regardless of upcoming regulatory developments, including legislation such as the Clarity Act. This approach ensures the platform can adapt quickly as the legal landscape around digital assets evolves.
Platform features and subscriber benefitsUnchained Premium, the subscription tier of the Unchained podcast brand hosted by Laura Shin, provides exclusive content including early access to interviews with emerging projects, full transcripts, and a private Telegram group for members. The episode featuring XASH’s innovative solution gives subscribers insight into new trends at the intersection of stablecoins, tokenized commodities, and decentralized finance on Solana.
Mezi dvěma neidentifikovanými peněženkami bylo převedeno 1 142 334 SOL v hodnotě přibližně 125,86 milionu USD, což představuje asi 0,19 % oběžné zásoby Solany.
Solana Foundation official brand assets (solana.com/branding)
A significant movement of Solana (SOL) was detected on the blockchain, involving the transfer of 1,142,334 SOL, worth approximately $125.86 million, between two unidentified wallets. This transaction represents about 0.19% of Solana’s circulating supply. The lack of identifiable exchange custody or staking activity suggests that the transaction’s immediate market impact may be limited to documenting a large on-chain movement rather than indicating a directional shift in SOL’s market behavior. The current market environment has seen Solana in the range of $110 to $112, with a market capitalization near $66 billion.
Key Takeaways The transfer of over 1 million SOL appears to capture market attention due to its volume, though it lacks immediate observable implications for exchange or staking activities. Market pricing suggests a cautious outlook on Solana’s potential to reach $190 in October, with current odds reflecting concerns over liquidity or market manipulation. Observers note that such transactions could influence participant sentiment, potentially affecting short-term price predictions. What to Watch Market participants will be closely monitoring any subsequent transactions involving these wallets, which might provide further context on the transfer’s purpose. Key actors such as Solana Labs and regulatory bodies like the SEC may play roles in shaping future market dynamics. Developments like successful mainnet activations or regulatory changes could shift market sentiment, while potential network outages or enforcement actions against major SOL issuers could drive price volatility. The ongoing performance of broader markets, including Bitcoin’s trajectory, may also influence SOL’s price action.
Term Structure
Contract Odds Δ since publish Volume 24h November 1 2026 0.9% — — View market → November 1 2026 9% — — View market → November 1 2026 11% — — View market → November 1 2026 4.7% — — View market → November 1 2026 0.5% — — View market → November 1 2026 1.4% — — View market → November 1 2026 1.7% — — View market →
DeFi Development Corp. nakoupila 22 070 SOL za zhruba 2,43 milionu USD. K začátku října 2026 její pokladna dosáhla přibližně 2,564 milionu SOL a ekvivalentů v celkové hodnotě asi 302 milionů USD.
DeFi Development Corp. went shopping again. The Nasdaq-listed company picked up 22,070 SOL, worth about $2.43 million, adding to a treasury that has become its main reason for existing.
The purchase lifted the value of its holdings to approximately $284.9 million. For a company that rebranded its entire business around one token, that is less a side bet and more a mission statement.
The latest buy, by the numbers The 22,070 SOL acquisition is the newest entry in a steady run of purchases. In the prior week, the company added 26,203 SOL, which brought the value of its holdings to roughly $284.9 million at the time.
The bigger picture is even more striking. As of early October 2026, the firm’s treasury reached approximately 2.564 million SOL and SOL equivalents, valued at about $302 million.
Since restarting active purchases in late August 2026, DeFi Development Corp. has increased its position by more than 226,000 SOL and equivalents. That growth comes from two sources: outright buying and rewards earned from staking.
How the machine works The firm runs its own Solana validators. Validators are the computers that process transactions and secure the network, and they earn rewards for doing that work. By operating its own, the company keeps more of those rewards rather than handing a cut to a third party.
DeFi Development Corp. has set up a variable rate Series C Perpetual Preferred Stock program, called CHAD, with a value of up to $300 million. The company has described it as an at-the-market program designed to fund further SOL accumulation without diluting its common stock.
Chief executive Joseph Onorati has been direct about what the company offers investors. He has said the treasury model provides
“leveraged exposure to Solana”
From pivot to treasury vehicle DeFi Development Corp. did not start life as a Solana treasury. The company pivoted its business focus in April 2025, reorienting itself around accumulating SOL as its primary treasury asset.
Since then, it has positioned itself as a way for public market investors to get exposure to Solana through a stock ticker, DFDV, rather than through a crypto exchange or wallet. That positioning has made it one of the largest companies dedicated to building a SOL treasury.
What this means For investors, the company offers a specific product: SOL exposure wrapped in equity. That appeals to institutions and individuals who cannot or will not hold tokens directly, whether because of mandates, custody concerns, or simple preference for a brokerage account.
There are clear risks to watch. The CHAD program’s ability to raise capital will shape how fast the company can keep buying. A sustained drop in SOL would test both the treasury’s value and investor patience with the “leveraged exposure” pitch.
The other thing to track is the cadence. Weekly purchases of 26,203 SOL and then 22,070 SOL suggest a deliberate rhythm rather than opportunistic one-off buys.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Zano obnoví adresy brány až po nezávislém auditu; bez nich nemůže pokročit integrace s THORChain. Vznik fondu likvidity Zano zatím nebyl oznámen a závisí na dokončení integrace.
THORChain x Zano Podcast #242 ft. Mr_Kwibs, KentonC137 & patriotsounds | October 10, 2026 | Watch the full episode on YouTube
By Raynalytics
TL;DRZano said it is restoring gateway addresses only after an additional independent audit, following an exploit that led the project to roll back to the Hard Fork 6 point and reimburse affected users.Confidential Assets are Zano’s attempt to make amounts, addresses, and asset types private by default. $fUSD is one live example, but it is currently a third-party stablecoin with a centralized mint-and-burn point.Gateway addresses are the technical bridge between Zano’s private UTXO model and the public balance checks a future THORChain integration would need. They are not active for THORChain today.A THORChain-to-Zano swap would be publicly visible on THORChain. Privacy begins only after funds leave THORChain and move within Zano.Zano’s longer roadmap includes the Zano Execution Layer and Zenith, but the guests put the recovery audit and gateway-address return ahead of any integration timeline.IntroductionThe conversation was not a launch announcement. It was a progress report on a privacy chain that is repairing a serious failure while keeping its interoperability plans intact. Zano’s team joined Kenton and Denny to explain the exploit, the recovery approach, why $fUSD matters to the project’s Confidential Assets thesis, and why gateway addresses are the prerequisite for a future THORChain route.
The key distinction throughout the episode was status. Zano’s recovery chain is operating, reimbursements were described as nearly complete, and gateway-address code has been fixed. But the team still wants an outside audit before reactivating that capability. A Zano pool on THORChain, and any later consideration of $fUSD, remain dependent on that work.
1. Recovery Comes Before IntegrationZano’s co-founder described an exploit in its gateway-address implementation, introduced after Hard Fork 6. The team said a missing cryptographic validation let attackers exploit the system first in August and then again in September. The issue was not in the chain’s core private-transaction design, but in the gateway layer that connects a private chain to systems needing visible balances.
The response was a recovery chain beginning again from the Hard Fork 6 point, rather than accepting an inflated supply. The team said it has been reimbursing affected users with support from the development fund, personal funds, and voluntary community contributions. It also said most exchanges and services had completed the recovery process by the time of the recording.
Zano has also opened donations to its development fund. Anyone wishing to contribute can send $ZANO or $fUSD using the options in that official update.
"We are making everyone whole." (Quinten)That recovery does not mean the gateway system is being rushed back. The guests said the code is fixed, but they want a further audit from a trusted external party before setting a new activation date. Their estimate was at least two to three months for the activation process once the audit and release path begin. That was an estimate, not a delivery promise.
The sequencing matters for THORChain. Gateway addresses are the feature Zano designed to make external integrations workable. Until they return, the chain-client work cannot move from an architectural discussion to a live pool.
2. Confidential Assets Put $fUSD Inside Zano’s Privacy ModelZano positions itself as a privacy-by-default layer 1. Its core claim is broader than private balances: normal transfers conceal the amount, receiver, and asset type. That same model extends to Confidential Assets, which let builders issue assets on Zano without exposing those properties on-chain.
$fUSD, or Freedom Dollar, is the example discussed most directly. It is a third-party stablecoin built on Zano, not an asset issued by the Zano team. Quinten said it was overcollateralized with $ZANO, with roughly 6.8 million $fUSD in circulation and close to $8 million of $ZANO reserves at the time of the conversation.
The guests were clear about the trade-off in its current form. The asset is private, but minting and burning are still controlled from one wallet. The planned Zano Execution Layer could eventually support programmable lending, borrowing, and a more decentralized collateral-and-minting model. Those are aspirations for future infrastructure, not features live on the private base layer today.
"The answer is like double no." (Zano co-founder, on a blacklist function)The point was not that every application built on Zano is automatically decentralized. It was that the base chain does not provide a selective freeze or blacklist mechanism for Confidential Asset transfers. That distinction became central after the hosts discussed the temporary freezing of some TRON $USDT vaults on THORChain.
3. Gateway Addresses Are the Bridge to THORChainPrivate chains are difficult to integrate because an external protocol still needs to verify what it controls. THORChain vaults continuously check balances for solvency. Zano’s regular UTXO model deliberately hides those details, so the team designed gateway addresses as a special, more transparent account-based entry point for bridges, exchanges, and decentralized systems.
For a potential Zano chain client, that means a THORChain vault could see and verify the balance in its gateway address while ordinary Zano transfers retain the chain’s privacy properties. The guests also described a way to rotate the gateway owner key without moving all assets to a newly created address, which better matches THORChain’s recurring vault churn.
StarSquid is continuing the chain-client work once gateway addresses are restored. The teams said the remaining adjustment is compatible with THORChain’s model, but it still requires implementation and testing. No mainnet date was given.
"If you swap to Zano on THORChain, you have not achieved privacy." (Denny)That is an important boundary for readers. A THORChain swap remains public like every other THORChain swap. A user seeking Zano’s privacy properties would need to take a separate action after receiving Zano, within the Zano network itself. The prospective integration would add permissionless access to the asset, not turn THORChain into a mixer.
4. The Roadmap Separates Recovery, Speed, and ProgrammabilityThe recovery work comes first, but Zano also outlined two longer-term technical tracks. Zenith is the planned move from the current hybrid proof-of-work and proof-of-stake model to a pure proof-of-stake consensus system built on Zarcanum. The guests said they are targeting roughly 15 to 20 second blocks and five to 10 confirmations, which could reduce the current roughly 10-minute re-spend wait to about one minute or a little more.
"You can be private and fast." (Quinten)The second track is the Zano Execution Layer, or ZEL. It is intended as a separate EVM-compatible environment, linked to Zano through a threshold-signature bridge. The private base layer would remain the home for confidential transfers and assets, while programmable applications such as lending and collateralized stablecoin logic could live in the execution layer.
Neither track changes the immediate priority. Gateway addresses must return after audit before a Zano-to-THORChain integration can proceed, and the guests said the execution-layer work depends on those addresses too. The roadmap is directionally clear, but its stages are not interchangeable with a launch date.
5. Why Zano Sees THORChain as a Long-Term Access RouteThe practical case for a future Zano pool was access. Quinten said Zano had lost some routes as centralized providers changed policies and several exchanges ceased operations. The point was not a recommendation to bypass any platform’s rules. It was that access dependent on a small number of centralized services can disappear when their policies or operations change.
The team sees a permissionless THORChain pool as a more durable route, particularly because Zano is already supported by wallets such as Edge Wallet and Unstoppable Wallet. If the chain client and pool are eventually live, those wallet integrations could potentially offer Zano trading through THORChain rather than relying on a single external liquidity source.
The guests said the team and major holders would be willing to bootstrap liquidity, but that is an intention rather than a funded pool announcement. They also described a possible future $fUSD integration as an option for THORChain to consider only after Zano itself is in place.
"THORChain needs you as well." (Denny)The episode’s broader thesis was that permissionless access and private assets are complementary, but they are not the same thing. THORChain can provide an open route to a native asset. Zano can provide privacy once value is on its network. The recovery work and gateway audit are what stand between that thesis and a live integration.
What to WatchWhether Zano completes its independent gateway-address audit and announces a reactivation path without sacrificing the recovery team’s stated caution.Whether StarSquid and the THORChain team can complete, test, and review the chain-client work after gateway addresses return.Whether prospective liquidity providers formalize a Zano pool plan, including sufficient depth for a useful market rather than only a symbolic listing.Whether Zenith and the Zano Execution Layer move from architecture to tested releases, especially for faster confirmations and more decentralized stablecoin logic.Whether $fUSD becomes a candidate for further interoperability only after the underlying Zano route is operating reliably.More THORChain data, check out raynalytics.net
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Güney Kore’nin önde gelen kripto para borsalarından Upbit, Reserve Rights (RSR) altcoin’ini listeleyeceğini duyurdu. RSR’nin Kore wonu (KRW) ve Tether (USDT) işlem çiftlerinde alım satıma açılacağı açıklanırken listeleme haberinin ardından altcoin fiyatında sert bir yükseliş yaşandı. CoinMarketCap verilerine göre RSR, son 24 saatte yüzde 67,77 değer kazanarak 0,002675 dolar seviyesine ulaştı. Yatırımcıların odağı ise yeni işlem çiftlerine ve borsanın açıkladığı işlem kısıtlamalarına çevrildi.
Upbit’ten Reserve Rights Listeleme Kararı! Güney Kore merkezli kripto para borsası Upbit, Reserve Rights (RSR) için yeni listeleme kararını açıkladı. Borsa tarafından yapılan duyuruya göre RSR, 12 Ekim tarihinde Türkiye saatiyle 08.05’te KRW ve USDT piyasalarında işlem görmeye başlayacak. Listeleme kapsamında RSR/KRW ve RSR/USDT işlem çiftleri kullanıma sunulacak. Böylece yatırımcılar, Reserve Rights tokenını hem Kore wonu hem de USDT üzerinden alıp satabilecek. Upbit’in listeleme kararı, RSR’ye yönelik piyasa ilgisinin artmasıyla aynı döneme denk geldi.
İlginizi Çekebilir: Balinalar Bu Altcoin’de Short Açıyor: Düşüş Kapıda mı?
Upbit’in listeleme duyurusunun ardından Reserve Rights (RSR) fiyatında dikkat çekici bir yükseliş yaşandı. CoinMarketCap verilerine göre RSR, son 24 saat içerisinde yüzde 67,77 değer kazanarak 0,002675 dolar seviyesine kadar yükseldi. Kısa sürede gerçekleşen bu güçlü fiyat hareketi, yatırımcıların altcoine yönelik ilgisinin arttığını ortaya koydu. Özellikle büyük kripto para borsalarında gerçekleşen yeni listelemeler, ilgili tokenların daha geniş yatırımcı kitlelerine ulaşmasını sağlayabiliyor.
Yatırma ve Çekme İşlemleri İçin Ethereum Uyarısı Upbit, Reserve Rights listelemesi kapsamında yatırma ve çekme işlemlerine ilişkin önemli detaylar da paylaştı. Borsanın açıklamasına göre RSR transferleri yalnızca Ethereum ağı üzerinden desteklenecek. Kullanıcıların işlem gerçekleştirmeden önce seçtikleri blockchain ağını dikkatle kontrol etmeleri gerekiyor. Desteklenmeyen ağlar üzerinden gerçekleştirilen transferler, varlıkların hesaba ulaşmaması veya kurtarma işlemlerinin mümkün olmaması gibi riskler oluşturabilir. Upbit, Reserve Rights işlemlerinin başlamasının ardından belirli sürelerle uygulanacak emir kısıtlamalarını duyurdu.
Borsanın açıkladığı kurallara göre:
İlk yaklaşık 5 dakika boyunca alım emirleri kısıtlanacak. Aynı süre içerisinde önceki gün kapanış fiyatının yüzde 10 veya daha fazla altındaki seviyelerden satış emirleri kabul edilmeyecek. İlk yaklaşık 2 saat boyunca limit emirleri dışındaki emir türleri ve belirli emir koşulları kısıtlanacak. İşlem kısıtlamalarının hesaplanmasında BTC piyasasındaki referans veriler esas alınacak. Söz konusu önlemler, yeni listelenen kripto varlıklarda oluşabilecek ani fiyat hareketlerini ve düzensiz emir akışını sınırlandırmayı amaçlıyor. RSR yatırımcılarının özellikle işlemlerin başladığı ilk saatlerde yüksek volatilite ve fiyat farklılıklarına karşı dikkatli olması önem taşıyor.
Değerlendirme Upbit’in Reserve Rights (RSR) için açıkladığı listeleme kararı, altcoin fiyatında yüzde 67,77’lik güçlü yükselişle birlikte gündeme geldi. RSR’nin KRW ve USDT işlem çiftlerinde alım satıma açılması, tokenın piyasa erişimini ve işlem hacmini artırabilecek önemli bir gelişme olarak değerlendiriliyor. Bununla birlikte borsanın ilk saatlerde uygulayacağı işlem kısıtlamaları ve sert yükselişin ardından oluşabilecek satış baskısı, yatırımcıların yakından takip etmesi gereken riskler arasında bulunuyor.
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.
Poradce projektu Shiba Eternity Mazrael varoval na sociálních sítích před falešným airdropem SHIB, který slouží k vykrádání peněženek. Uživatelé by neměli klikat na sdílené odkazy.
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Long-time Shiba Inu community member and Shiba Eternity advisor Mazrael has flagged a fake SHIB alert circulating on social media. He describes the campaign as a wallet drainer and urges users not to interact with the links shared.
An X account, obviously a fraudulent one, mentioned that the 'SHIB airdrop hype' was back and claimed to be eligible after checking his wallet while sharing a link to a fraudulent website.
In his post, Mazrael alerted the Shiba Inu community to the fake SHIB campaign, saying there is no such airdrop and that it is a wallet drainer, urging users not to interact with the links.
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care. no such airdrop. this is a drainer. they are flooding time line recommend not click and report. https://t.co/GeeImCDcYD
— Mazrael.shib (@Mazrael_shib) October 12, 2026 "care. no such airdrop. this is a drainer," Mazrael wrote, adding that several scam posts of this kind were flooding timelines and urging users to avoid clicking the links and report the accounts or posts responsible.
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A fraudulent airdrop page may request a wallet connection or ask users to approve a transaction or token permission. Depending on what the victim signs or authorizes, attackers could gain the ability to transfer assets from the connected wallet.
Crypto drainers explainedAs previously indicated, Mazrael described the tactics being utilized by the scammers to target Shiba Inu holders as a 'drainer'.
A crypto drainer is a type of malicious software or phishing tool specifically designed to steal digital assets directly from cryptocurrency wallets. Unlike traditional phishing that steals usernames and passwords, crypto drainers target the smart contract permissions and transaction approvals that govern wallets. Drainers can also operate via malicious browser extensions or compromised dApps.
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First, scammers create fake websites that mimic legitimate platforms, and in the instance flagged by Mazrael, the URL shared was a fake Shiba Inu link, as Shib.io remains Shib's official website.
The scammers promote these malicious links intended to deceive unsuspecting users, who are prompted to connect their crypto wallets to the site.
Once connected, the site shows a transaction pop-up, which is in fact an approval request or a malicious signature. By signing it, the user unknowingly grants the drainer smart contract permission to spend or transfer their tokens.
That is why crypto users are advised to always check official project channels before clicking on links shared on social media or Discord, even if they appear to be coming from verified accounts.
Výnos desetiletých amerických státních dluhopisů překročil 5,35 %, což zvyšuje tlak na Bitcoin; klíčová bude reakce výnosů na zářijové údaje o inflaci CPI zveřejněné 14. října.
Bitcoin’s next major move could depend on the US bond market. Treasury yields surged to their highest level in 24 years, making government bonds more attractive to investors and putting fresh pressure on cryptocurrencies.
According to Bitunix’s October market analysis, the benchmark 10-year US Treasury yield climbed above 5.35%. Bitcoin fell below $82,000, while selling spread across the wider crypto market.
The exchange warns that continued pressure from high bond yields could make a sustained crypto recovery difficult.
Why Rising US Bond Yields Threaten Bitcoin US Treasury bonds offer investors regular interest payments backed by the government. When their yields rise, investors can earn higher returns without taking the same risks associated with cryptocurrencies.
US LONG-TERM TREASURY YIELDS HIT A 24-YEAR HIGH
The 10-year yield briefly climbed to 5.35%, while the 30-year yield reached around 5.7% – levels not seen since 2002
The latest ISM services report added fresh pressure to the bond market, with the prices index rising to 74, its… pic.twitter.com/VHkzllH8dE
— BeInCrypto (@beincrypto) October 5, 2026 Bitcoin pays no fixed interest. As a result, higher Treasury yields can encourage investors to move capital into government bonds or hold cash.
Bitunix argues that this shift in investor preferences is creating additional pressure on Bitcoin and other speculative assets.
The risk extends beyond crypto. Higher yields also increase borrowing costs and can reduce the appeal of technology stocks. Bitunix reported weekly declines in crypto-linked equities, including Strategy and Circle.
However, the direction of bond yields remains critical. A sustained decline could improve investor appetite for risk and help Bitcoin recover.
Crypto Market Weakness Goes Beyond Bitcoin The broader crypto market suffered even heavier losses during October 3–9.
Bitcoin declined 3.80%, while Ethereum lost 8.39% and XRP fell 7.09%.
More importantly, only around 20% of the top 300 cryptocurrencies tracked by Bitunix recorded gains. Their median weekly return was -5.18%.
Decentralized finance tokens also struggled. Uniswap’s UNI declined 18.37%, while PancakeSwap’s CAKE lost 15.92%.
Yet speculative trading continues.
The Sandbox’s SAND rallied 57.71%, even as Bitunix found little evidence of improving project fundamentals. The exchange attributed the move primarily to trading sentiment and capital flows, although it could not establish the precise drivers.
Meanwhile, commodities followed a different path. Gold returned to $4,200, while Brent crude climbed above $100 per barrel.
SAND Token Price Rallied Over 80% in a Month. Source: CoinGecko October 14 Inflation Report Could Decide Bitcoin’s Direction The next major test comes on October 14, when the US releases September’s Consumer Price Index (CPI).
Bitunix cites an expected annual inflation rate of 3.6%, up from the previous 3.4%.
Higher-than-expected inflation could strengthen expectations that the Federal Reserve will keep interest rates elevated. Treasury yields could rise further, creating additional selling pressure on Bitcoin and other risk assets.
Conversely, softer inflation could ease pressure on bond yields and support a crypto recovery.
For traders, the key signal will be how Treasury yields react to the CPI data.
Bitunix’s central warning is that Bitcoin could remain vulnerable to further losses while US government bonds continue offering unusually attractive returns.
Disclaimer
BeInCrypto independently reports and controls this Feature. Quoted views belong to their speakers. This content is general and non-personalized; it does not consider your circumstances and is not investment research, financial, investment, legal or tax advice, or an offer, endorsement or recommendation to transact in any crypto-asset, product or service. Verify material information before acting. Crypto-assets are volatile and may result in total loss. BeInCrypto gives no warranty as to completeness, accuracy or timeliness, except where required by law.
Aptos spustil MCP server, který AI asistentům umožňuje pracovat s dokumentací jazyka Move, volat API a v přirozeném jazyce se dotazovat na data z blockchainu.
Aptos wants your AI coding assistant to stop guessing and start reading. The blockchain has rolled out a suite of AI tooling that lets coding assistants learn the Move programming language straight from its documentation, with no manual copy-pasting required.
That matters because Move is a niche language. AI models trained mostly on JavaScript and Python have historically treated it like a foreign film without subtitles.
What Aptos actually shipped The centerpiece is the Aptos Model Context Protocol (MCP) server, detailed on the Aptos documentation site and updated on October 9, 2026.
The server lets AI tools call Aptos APIs and query on-chain data using natural language. A developer can describe what they want in plain English, and the assistant handles the API plumbing.
The server also supports coding and project scaffolding. Installation runs through a single npx command.
According to the documentation, the MCP server works with several of the most widely used AI coding tools:
Claude Code Cursor OpenAI Codex GitHub Copilot LLMs.txt and agent skills The second piece is a set of standardized LLMs.txt feeds. These turn Aptos documentation into machine-readable text that large language models can digest cleanly. The feeds come in two flavors: a full version and a condensed one.
The third piece is Aptos Agent Skills, which were updated as of September 14, 2026. Per the documentation, the skills cover writing secure Move V2 contracts, running rigorous security audits and generating tests with 100% coverage.
Why Move needed the help Move was originally developed for the Diem project at Facebook. When that effort wound down, the language found a second life on Aptos.
The language is built around resource safety and formal verification. Resource safety means digital assets are treated like physical objects: they cannot be accidentally copied or quietly deleted. Formal verification means code can be mathematically checked to confirm it behaves as intended.
This is not Aptos’s first attempt at bridging AI and Move. In 2024, the project partnered with FLock.io to refine how AI models interact with the language. The new tooling builds on that groundwork.
What this means for builders and the ecosystem For developers, the practical change is a shorter on-ramp. Instead of feeding documentation into a chatbot by hand, a builder can point a familiar assistant at Aptos and have it query live chain data, scaffold a project and draft contracts.
Smart contract bugs are expensive and permanent once deployed. Tooling that pushes AI toward secure Move V2 patterns, audits and full test coverage targets the exact failure points that have historically burned crypto projects.
There is a reasonable caveat. AI-generated code is only as good as the review it receives, and an assistant that writes contracts faster can also write mistakes faster. Agent skills focused on audits and testing appear designed to blunt that risk, but they do not replace human scrutiny.
Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.
Cronos 17. října odemkne pro strategickou rezervu 1,17 miliardy tokenů CRO v hodnotě 70,85 milionu USD; Tokenomist tyto údaje označil za neověřené projekce.
The crypto market will welcome tokens worth $845.8 million in the third week of October 2026. Major projects, including Cronos (CRO), Arbitrum (ARB), and Starknet (STRK), will release significant new token supplies.
These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.
1. Cronos (CRO) Unlock Date: October 17 Number of Tokens to be Unlocked: 1.17 billion CRO Released Supply: 49.97 billion CRO Total Supply: 100 billion CRO Cronos is a Layer-1 blockchain ecosystem developed alongside Crypto.com. It runs an EVM-compatible chain, Cronos EVM, and a Cosmos SDK-based chain, Cronos POS. CRO is the network’s native token, used for transaction fees and staking.
On October 17, Cronos will unlock 1.17 billion CRO worth $70.85 million. The tokens account for 2.33% of the released supply.
CRO Crypto Token Unlock in October. Source: TokenomistThe entire release will go to a single allocation, the Cronos Strategic Reserve.
2. Arbitrum (ARB) Unlock Date: October 16 Number of Tokens to be Unlocked: 92.65 million ARB Released Supply: 5.95 billion ARB Total Supply: 10 billion ARB Arbitrum is a Layer-2 scaling solution built for Ethereum (ETH). It enhances transaction speed and reduces costs while maintaining the security of the Ethereum network.
The blockchain achieves this by utilizing ‘optimistic rollups,’ which process transactions off-chain and submit them to the Ethereum mainnet for validation.
On October 16, Arbitrum will unlock 92.65 million tokens into the market. The tokens are worth $18.40 million and represent 1.56% of the released supply.
ARB Crypto Token Unlock in October. Source: TokenomistArbitrum will award 56.13 million ARB from the unlocked supply to the team, future team, and advisors. Moreover, investors will gain 36.52 million tokens.
3. Starknet (STRK) Unlock Date: October 15 Number of Tokens to be Unlocked: 127 million STRK Released Supply: 3.77 billion STRK Total Supply: 10 billion STRK Starknet is an Ethereum Layer-2 scaling solution built with STARK-based zero-knowledge rollups. STRK is the network’s native utility and governance token.
On October 15, Starknet will release 127 million STRK worth $15.42 million. The supply accounts for 3.37% of the released supply.
STRK Crypto Token Unlock in October. Source: TokenomistEarly contributors will receive 66.61 million STRK from the unlock. In addition, investors will get 60.39 million tokens.
In addition to these three, Connex (CONX), Cheelee (CHEEL), and Aerodrome Finance (AERO) will also experience new supply entering the market this week. Tokenomist has marked the Cronos, Arbitrum, and Starknet unlocks as pending verification, so these figures remain projections.
Sui Foundation investuje 30 milionů USD do DATA Network, která přejde na blockchain Sui a ukončí provoz svého nezávislého blockchainu. Token DATA bude migrován v poměru 1:1.
Sui Foundation is investing $30 million in DATA Network as part of a strategic partnership that will see the AI training data protocol join the Sui stack and integrate with onchain data storage platform Walrus.
In a Monday statement shared with The Block, DATA Foundation, which supports DATA Network, said that Sui Foundation will become the network's largest institutional holder, alongside existing stakeholders PIP Labs and DATA Foundation.
Under the partnership, DATA Network is set to be upgraded to run as a protocol natively on Sui (SUI), and its independent chain will be retired. The existing DATA token will move to Sui on a one-to-one basis. The existing DATA Network will continue to operate until the transition is completed, and the foundation said it will release a detailed timeline prior to the upgrade.
Walrus, meanwhile, will become the default storage layer for applications operated by DATA Foundation, which shifted its focus from general intellectual property infrastructure to AI training data in June.
The partnership aims to scale the supply chain for AI training data. DATA Network's Trace, launched in June, tracks the origins and usage rights of AI training data while settling payment to the person who contributed it.
According to the statement, the Trace registry has recorded more than 250 million contributions since its launch and currently processes more than 3 million receipts per day on average. The foundation said that the upgrade gives AI labs a place to source real-world training data they are allowed to use.
"The AI industry has reached the point where the open internet has been read, and the next frontier is defined by access to datasets with the consent and provenance that regulators require," said Adeniyi Abiodun, co-Founder and chief product officer at Mysten Labs, the original contributor to Sui and Walrus.
"The migration of DATA Network and Trace to our stack now brings massive volumes of high-quality, rights-cleared data that is already serving the world's frontier AI labs," Abiodun added.
Bitcoin climbed roughly 30% in a matter of weeks, broke a downtrend that had been building since spring, and cleared every major moving average traders follow. Then the Federal Reserve raised interest rates for the first time since 2023, the Senate trashed a major crypto bill, and two other federal regulators moved on separate crypto rules in the same stretch of days. The rally kept going anyway.
Bitcoin traded at $84,171.48 as of September 25, 2026, up 0.26% over the previous day, with a market cap near $1.7 trillion. That number, the BTC price USD quoted on Binance, tells only part of what’s actually going on. It trails Bitcoin’s all-time high of $126,198.07 by a wide margin, but it clears a resistance zone near $82,793 that chart analysts had flagged as a critical test back in early September. Clearing that level matters, since it puts Bitcoin within range of testing $90,000 and eventually this year’s peak, according to technical analysis published in the weeks before the rally accelerated. Holding there is a separate question, shaped by decisions coming out of Washington instead of anything visible on a chart.
That price action didn’t happen in a vacuum. Bitcoin’s surge coincided with a US Treasury decision to double buyback sizes for long-duration government debt, a move that eased pressure on longer-term yields and improved conditions for risk assets broadly. Weeks later, the Federal Reserve delivered its first interest rate hike since 2023, the Senate blocked a major digital asset bill in a procedural vote, and the SEC and CFTC each advanced separate crypto rulemaking within the same 48 hours. Four distinct forces, two calming and two complicating, hit Bitcoin inside a single month.
Key Takeaways Table of Contents
Bitcoin climbed roughly 30% in weeks, clearing a downtrend since May and moving above its 21-day, 55-day, 100-day, and 200-day averages. August CPI held at 3.4% annual, 2.4% core, feeding directly into the Fed’s decision to hike. The Fed raised rates 25 basis points to 3.75%-4.00% on September 16, its first hike since 2023, with another signaled before year-end. The Senate blocked the CLARITY Act on September 15 in a 49-50 procedural vote, 11 votes short of passage. The SEC and CFTC each advanced separate crypto rulemaking that same week, even as Congress stalled. Why Did Bitcoin’s Technical Breakout Happen When It Did? Bitcoin spent from May through August 2026 carving out a pattern of lower peaks, the kind of structure technical analysts read as a sign that sellers are gradually gaining the upper hand. That pattern broke in early September, and reporting carried by Kitco News traced the change back to the US Treasury’s move to expand buybacks of long-duration debt, a technical but consequential decision that improved liquidity conditions across fixed income markets and, by extension, risk assets positioned further out on the risk curve.
The rally’s technical signature was hard to miss. Bitcoin moved above its 21-day, 55-day, 100-day, and 200-day moving averages within the same stretch, and the 21-day average crossed above the longer-term lines in what chart analysts call a golden cross formation. The move nearly erased the entire May-to-July decline in one push.
Reading the Moving Averages Correctly A moving average smooths out day-to-day price noise by averaging price over a set window, giving analysts a genuinely clear read on the underlying trend. When a shorter-term average, like the 21-day line, crosses above longer-term averages, that’s generally read as confirmation that momentum has actually changed direction instead of just bouncing within a range.
That confirmation means something, but it doesn’t guarantee anything. Technical patterns describe what price has already done. They say little for certain about what happens next, particularly when a major macro event, like a Federal Reserve decision, lands on the calendar just weeks away.
Resistance and support levels give traders a working map for the next test. Chart analysis pointed to $82,793 as a key level tied to a 61.8% Fibonacci retracement of this year’s earlier decline, with the 55-week and 100-week moving averages positioned nearby to reinforce that zone. A close above it opened the door toward $90,000 and eventually a retest of this year’s peak near $97,867. On the downside, a close below $75,674 or $71,781 would point toward a return to August’s lows and, in a worse scenario, back toward the 2026 low near $57,776. Bitcoin’s move to $84,171 already puts it above that $82,793 threshold, a development the technical picture by itself couldn’t have guaranteed given how quickly sentiment can turn on a single data release.
How Does August’s Inflation Data Change the Calculation? Technical momentum tells only half the picture for an asset as sensitive to monetary policy as Bitcoin has become. The Bureau of Labor Statistics reported that the Consumer Price Index rose 0.4% in August 2026, putting annual headline inflation at 3.4% and core inflation, which strips out food and energy, at 2.4%.
Both figures landed in line with what economists had expected heading into the release, but the report still mattered enormously for markets pricing Federal Reserve policy. It arrived as the final major inflation reading before the Fed’s September meeting, and traders responded by sharply raising the odds of a rate hike at that meeting, pushing expectations from a coin-flip toward near-certainty within days. CME FedWatch data showed hike odds climbing past 90% in the days following the CPI print, a swift repricing that left little room for the eventual decision to catch traders off guard.
Inflation running above the Fed’s 2% target changes the calculation for dollar-based investors weighing exposure to volatile assets. Higher inflation erodes the appeal of holding cash, which can theoretically support hard-asset narratives like Bitcoin’s. It also leaves a central bank less room to cut rates or hold steady, a dynamic that usually supports the dollar and pressures the exact kind of risk-on positioning that had been fueling Bitcoin’s rally in the first place. Those two effects pull in opposite directions, and which one dominates often comes down to how markets read the Fed’s next move.
What’s the Fed’s Reason for Raising Rates for the First Time Since 2023? The Federal Reserve’s Board of Governors confirmed on September 16, 2026 that the Federal Open Market Committee had voted to raise its target range for the federal funds rate to 3.75% to 4.00%, a 25 basis point increase and the central bank’s first hike since 2023. The committee’s statement described inflation as elevated and said the move would support a more timely return to its 2% goal. The vote itself came back unanimous, a detail that surprised some analysts given the mixed commentary from individual Fed officials in the weeks leading up to the meeting.
That decision preserved, and technically tightened, the restrictive liquidity backdrop Bitcoin has operated under for most of the past two years. Higher rates increase the opportunity cost of holding a non-yielding asset like Bitcoin, since idle cash suddenly earns a meaningful return in a savings account or Treasury bill after the hike. Restrictive policy also strengthens the dollar as a general rule, and the dollar has historically moved inversely with BTC/USD over extended stretches. The 10-year Treasury yield approached 5% around the same window, adding a further layer of pressure across financial markets outside crypto too.
What the Fed’s Updated Projections Signal Next The committee’s updated economic projections, released alongside the rate decision, showed most officials expecting at least one more rate increase before the end of 2026. That detail carries as much weight as the hike itself, since it tells markets the Fed views this move as one step in a longer process.
Markets had priced in a high probability of this outcome heading into the meeting, which helps explain why Bitcoin didn’t sell off sharply once the decision landed. A well-anticipated hike tends to land smoothly, absorbed into positioning that’s already in place well before the announcement. The more important signal for BTC/USD going forward may come down to the timing of that second hike, along with how the Fed characterizes inflation risk in the months between meetings.
Comparing the Signals: Technical Strength vs. Macro Pressure Signal Direction What It Suggests for BTC/USD Price trend since early September Bullish Broke downtrend, cleared key moving averages Golden cross formation Bullish 21-day average crossed above longer-term lines Treasury buyback expansion Supportive Eased pressure on long-duration yields August CPI (3.4% headline, 2.4% core) Mixed Inflation elevated but in line with forecasts Fed rate hike to 3.75%-4.00% Restrictive Raises opportunity cost, typically dollar-positive CLARITY Act blocked in Senate Uncertain Stalls comprehensive federal crypto framework SEC and CFTC rulemaking advances Mixed Agency-level progress despite legislative gridlock How Should You Read BTC USD Past a Single Rally? Treating Bitcoin’s September surge as a standalone technical event misses most of what’s actually driving it. A useful framework weighs price momentum, inflation data, Treasury market conditions, and regulatory developments together instead of in isolation, since each one shapes how much conviction stands behind any given move.
Congress added its own layer of uncertainty the same week. The Senate fell short of advancing the Digital Asset Market CLARITY Act on September 15, with the procedural motion landing at 49-50, four Republican senators joining Democrats to block it and far short of the 60 votes needed to proceed. Bitcoin dipped in the immediate aftermath before recovering later that week, coverage of the vote and the wider regulatory week noted, a pattern suggesting markets treated the setback as a delay instead of a verdict. Senator Thom Tillis preserved a path for reconsideration through a procedural motion, and separately, the SEC unveiled a five-year exemption framework for tokenized US equities while the CFTC forwarded its own crypto rulemaking proposals to the White House, both landing within the same 48-hour window as the failed Senate vote.
Richard Teng, Binance’s co-CEO, addressed this same dynamic during a 2026 industry discussion at Consensus Hong Kong. “At the macro level, I think people are still uncertain about interest rate movements going forward, and there’s always the trend of geopolitics,” he said. “Those weigh on these assets such as crypto.” That uncertainty shows up directly in Bitcoin’s current price action, strength on the chart running alongside a policy backdrop that hasn’t turned friendly on either the monetary or legislative front.
Short-term trading reactions and the deeper question of supportive liquidity conditions are two different things. A single rally, however sharp, doesn’t settle that question on its own.
How Should Traders Approach Conflicting Market Signals? Pairing a dated BTC/USD quote with the relevant macro release date makes a real difference. A price checked days after a Fed decision reflects a wholly separate moment in the market from the same price checked the morning before one, and conflating the two leads to reading unearned certainty into a single number.
Scenario planning tends to serve traders well in a market pulling in two directions at once. Several structured questions can help organize that thinking:
Does the technical breakout hold above $75,674 and $71,781, or does price slip back into the prior trading range? Does core inflation cool toward the Fed’s target over the next two CPI readings, reducing the odds of that second signaled hike? Does the CLARITY Act return for another Senate vote, and does the outcome change this time? Do Treasury yields keep easing on continued buyback support, or does that tailwind fade against a nearly 5% 10-year yield? Those questions carry no settled answers yet, and that’s precisely the point. Markets that price in conflicting signals, bullish technicals against restrictive policy and legislative uncertainty, tend to stay genuinely two-sided until one force clearly overwhelms the others. Trading decisions made without acknowledging that tension tend to age poorly regardless of which direction eventually wins out.
FAQ Does Bitcoin’s technical breakout guarantee the rally continues? Not on its own. A golden cross confirms price behavior that already happened. It doesn’t function as a forecast. Fed policy, inflation data, and regulatory outcomes can all override technical momentum.
Why didn’t Bitcoin fall after the Fed’s rate hike? Markets had already baked in a solid chance of the hike, according to CME futures and the August CPI data, so the announcement itself came as little surprise.
What will change the outlook for BTC/USD from here? Easing inflation, a friendly Fed, or fresh crypto legislation news would fuel the rally. A hotter-than-expected CPI print or more regulatory troubles will make the bulls retreat instead.
Published September 25, 2026. By James Stewart, a content writer and strategist covering finance, technology, and business. He believes strong content strategy starts with genuine curiosity, and his work spans multiple industries, including crypto and traditional markets. Connect via LinkedIn.
Bitcoin (BTC), ABD’deki spot Bitcoin ETF’lerinden geçen hafta 681 milyon dolarlık çıkış yaşanmasına rağmen 84.000 dolar seviyesinin üzerinde tutunmayı başardı. Petrol fiyatlarındaki gerileme ve kripto para piyasasında artan alım ilgisi, Bitcoin’in hafta sonu elde ettiği kazanımları korumasına destek oldu. Yatırımcıların gözü şimdi 82.000 dolarlık kritik destek seviyesine ve 14 Ekim’de açıklanacak ABD enflasyon verilerine çevrildi.
Bitcoin 84.000 Doların Üzerinde: Altcoinlerde de Yükseliş Var Lider kripto para birimi Bitcoin, pazartesi günü erken saatlerde 83.500 dolar seviyesine kadar gerilemesinin ardından yeniden toparlanarak 84.050 dolar civarında işlem gördü. Bu seviye, pazar günü kaydedilen yaklaşık 84.145 dolarlık zirveye oldukça yakın bulunuyor. Bitcoin’deki toparlanma yalnızca BTC ile sınırlı kalmadı. Ethereum, XRP ve diğer büyük altcoinlerde de pozitif fiyat hareketleri dikkat çekti. BitDelta India Baş Analisti Purvang Mashru, yaptığı açıklamada şu ifadeleri kullandı:
“Toparlanma büyük dijital varlıkların geneline yayıldı ve en büyük on kripto paranın dokuzu son 24 saatte yükseldi.”
Mashru’nun paylaştığı verilere göre Avalanche (AVAX) yüzde 5,1 yükselişle 10,91 dolara ulaşırken Chainlink (LINK) yüzde 2,4 artışla 13,35 dolara çıktı. Solana (SOL) ise yüzde 1,2 değer kazandı. BNB, XRP, Dogecoin (DOGE) ve Cardano (ADA) da yükselişe katıldı.
İlginizi Çekebilir: ZEC Yatırımcıları Dikkat: Bu Seviye Kritik!
Küresel piyasalarda petrol fiyatlarının gerilemesi, kripto para yatırımcılarının yakından takip ettiği gelişmeler arasında yer aldı. ABD ham petrol göstergesi WTI vadeli işlemleri, yeni haftaya yüzde 1,8 düşüşle başlayarak 90,28 dolar seviyesine geriledi. Petrol fiyatlarındaki düşüş, ABD Başkanı Donald Trump’ın Rusya’nın uluslararası ve iç piyasalara 300.000 metrik ton dizel yakıt tedarik etmesine yönelik anlaşma açıklamasının ardından geldi. Söz konusu gelişme, Rus petrolüne yönelik ABD yaptırımlarında kısmi bir gevşeme olarak değerlendirildi.
Bitcoin ETF’lerinden Milyon Dolarlık Çıkış Bitcoin fiyatındaki toparlanmaya rağmen ABD’de işlem gören spot Bitcoin ETF’lerinde dikkat çekici sermaye çıkışları yaşandı. SoSoValue verilerine göre fonlardan geçen hafta toplam 681 milyon dolar çıkış gerçekleşti. Bu rakam, haziran ayından bu yana kaydedilen en yüksek haftalık çıkış oldu. Çıkışların büyük bölümü 7 ve 8 Ekim tarihlerinde yoğunlaşırken kurumsal yatırımcıların risk iştahına ilişkin soru işaretleri arttı.
Giottus Exchange CEO’su Vikram Subburaj, yaptığı değerlendirmede ETF akışlarının dalgalı seyrini sürdürdüğünü belirterek 7-8 Ekim tarihlerindeki güçlü çıkışların kurumsal yatırımcılar arasında temkinli bir yaklaşımı yansıttığını ifade etti.
Kripto para analistleri, Bitcoin’in yükselişini sürdürebilmesi açısından 82.000 dolar seviyesinin korunmasını önemli görüyor. BitDelta India ve Giottus Exchange uzmanları, bu seviyenin kaybedilmesi durumunda BTC fiyatında daha derin geri çekilmeler yaşanabileceğine dikkat çekiyor. Piyasaların bir sonraki önemli gündem maddesi ise 14 Ekim’de açıklanması beklenen ABD enflasyon verileri olacak. Verilerin beklentilerden farklı gelmesi, ABD Merkez Bankası’nın (Fed) faiz politikasına yönelik beklentileri değiştirebilir. Özellikle enflasyonun beklentilerin altında kalması, riskli varlıklara yönelik ilgiyi destekleyebilir.
Değerlendirme Bitcoin, spot ETF’lerden yaşanan 681 milyon dolarlık çıkışa rağmen 84.000 doların üzerinde kalmayı başararak kısa vadeli toparlanma sinyalleri verdi. Petrol fiyatlarındaki gerileme ve altcoin piyasasındaki yükselişler olumlu görünümü desteklerken kurumsal fon çıkışları ve makroekonomik belirsizlikler risk oluşturmaya devam ediyor. Yatırımcılar açısından 82.000 dolarlık destek seviyesi ve 14 Ekim ABD enflasyon verileri, Bitcoin’in bir sonraki fiyat hareketini belirleyebilecek kritik gelişmeler arasında bulunuyor.
Son Dakika kripto para haberleri için hemen tıkla.
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Celestia za posledních 24 hodin posílila o 23 % na 0,633 USD, což je nejvyšší cena v roce 2026. Otevřený zájem vzrostl o 45 % a denní objem obchodů o 213 %.
Celestia [TIA] has rallied 23% in the past 24 hours and is up 62% over the past month. The price correction toward $0.43 at the end of September has ended, and the altcoin was challenging the $0.625 swing high from January.
In doing so, TIA has reached the highest price in 2026 at $0.633. The Open Interest in the past 24 hours has jumped by 45%, and CoinMarketCap data showed a 213% increase in daily trading volume.
Why is Celestia rallying? Earlier this month, there was an announcement that the Celestia Fibre throughput reached 3.07 Tb/s. This is enough for 2 billion transactions per second, noted the Celestia blog post.
The ability to handle such high throughput will be useful in a world where agentic payments and global finance move onchain, the team wrote.
In other news, the Celestia Sustainable Blob Economy proposal helped nudge TIA prices higher in the second half of September.
Source: Joao Wedson on X The architectural and economic upgrades helped the TIA momentum, but the altcoin season might already be over. Crypto analyst Joao Wedson warned market participants that it was no longer an ideal time for altcoins.
The altcoin season index has dipped from altseason territory alongside the Bitcoin [BTC] correction toward $80k. This could have an impact on Celestia price trends in the coming days and weeks.
Celestia maintains a bullish outlook, with ONE KEY level to overcome Source: TIA/USDT on TradingView Earlier this year, Celestia prices dropped from $0.625 to $0.269, a 57% drawdown completed in just over three weeks. Since then, the $0.50 resistance zone had been tested twice, in May and September.
In October, while the rest of the market faced a correction due to profit-taking and macro uncertainties, TIA rallied back toward the swing structure highs.
The technical indicators were bullish, and a daily session close above $0.625 will confirm a structural reset. Long-term investors can wait for this structure break and a retracement toward $0.45-$0.50 to buy the altcoin.
Final Summary Celestia has rallied over 20% in a day, a notable sign of relative strength while the rest of the crypto market remained quiet after the recent correction. Celestia Fibre’s 3.07Tb/s throughput and the Sustainable Blob Economy proposal were architectural and economic upgrades that helped fuel the TIA run.
Ethena, issuer of the $USDe synthetic dollar, has passed $1 billion in cumulative fees since late 2023, according to DefiLlama data.
Ethena, the issuer of the $USDe synthetic dollar, has generated more than $1 billion in cumulative fees, according to DefiLlama data highlighted by @BSCNews. The tracker puts the total at $1.061 billion since the protocol began generating fees.
The milestone came quickly. DefiLlama's quarterly income statement shows Ethena recorded just $84,309 in fees in the fourth quarter of 2023, before climbing to $24.28 million in the first quarter of 2024. That puts the $1 billion mark less than three years after fee generation began.
What drives Ethena's fees$USDe is a synthetic dollar rather than a conventional stablecoin. According to Upshift, it aims to hold $1 through a mix of liquid stablecoins and crypto such as $BTC and $ETH paired with short futures positions of the same size, so price moves cancel out. Ethena launched USDe on Ethereum on February 19, 2024, per Eco's explainer citing Ethena's docs.
DefiLlama's methodology counts staking rewards, yield distribution, mint fees and extra fees as fees. Most of that flows through to holders of staked USDe (sUSDe) rather than to the protocol. DefiLlama data shows Ethena generated about $17.93 million in fees over a recent 30-day period, of which only $20,551 was protocol revenue.
Supply has fallen from its peakThe cumulative figure sits alongside a smaller USDe supply. Upshift, citing DefiLlama, reports about $4.9 billion in circulation on September 23, 2026, down from a peak of $14.8 billion in October 2025. Fees depend on supply and on funding rates in perpetual futures markets, so they tend to track market conditions.
The supply level also matters for the $ENA token. Coincub reports that a governance-approved fee switch only starts routing revenue into $ENA buybacks once USDe supply reaches $7.5 billion.
SourcesDefiLlama: Ethena fees and income statement
Upshift: What is Ethena USDe
Coincub: Ethena (ENA) price prediction and fee switch
Adam Weitsman said he bought 117 Pudgy Penguins NFTs over the weekend to support collectors. Weitsman described Pudgy Penguins as a favorite collection and expressed confidence in its existing community. Pudgy Penguins recorded $1.50 million in weekly NFT sales through October 10, CryptoSlam data showed. Weekly Pudgy Penguins sales rose 125.66%, with 196 recorded transactions and 94 buyer addresses overall. In August 2025, Weitsman announced buying more than 5,000 NFTs directly connected to Yuga Labs. American billionaire and NFT collector Adam Weitsman has announced the purchase of 117 Pudgy Penguins NFTs over the October 10–11 weekend, saying the acquisition was intended to support the collection and restore confidence among its community during a difficult period.
According to Weitsman, who announced the purchases on X, the 117 digital collectibles were acquired through blockchain transactions as part of his continued support for established NFT projects. He described Pudgy Penguins as one of his favorite collections and expressed confidence in its community despite recent difficulties.
This weekend I wanted to support one of my favorite collections during a difficult time. Decided to buy 117 Pudgy Penguins on chain to spread confidence for the community I have grown to love.
Wanted to support this OG project that’s bringing happiness to many. The Huddle will… pic.twitter.com/2FSxuqzO2c
— Adam Weitsman (@AdamWeitsman) October 11, 2026 The announcement followed a week in which Pudgy Penguins recorded a 125.66% increase in NFT sales, according to CryptoSlam data collected through October 10. The timing places the reported acquisition alongside a recovery in the collection’s trading activity, although the available figures do not establish how much Weitsman’s purchases contributed to that performance.
Weitsman, an American businessman known for his metal recycling operations and digital collectibles, said he purchased 117 Pudgy Penguins NFTs to demonstrate support for a community he has followed for some time. The acquisition was announced on October 12, following a weekend of buying activity.
In his original statement, Weitsman explained that he wanted to support one of his favorite collections during a challenging period. He described the project as a long-established part of the NFT industry and credited it with bringing enjoyment to its supporters. The investor wrote: “This weekend I wanted to support one of my favorite collections during a difficult time.”
He added that the decision was intended to “spread confidence” among the project’s supporters. Referring to the Pudgy Penguins community, which commonly calls itself the Huddle, Weitsman said: “The Huddle will stay strong.” His message ended with the phrase “Return to Pudgy Penguins,” encouraging renewed attention toward the collection.
Weitsman did not disclose the total amount spent acquiring the 117 NFTs or provide a complete breakdown of individual purchase prices in the supplied announcement. The statement did not specify whether the purchases were completed through one marketplace or several trading venues.
Although he described the purchases as on-chain transactions, the original post did not include a complete list of transaction hashes that would allow every reported acquisition to be independently reconciled. The purchase count therefore remains attributed to his public statement. The investor did not announce a specific resale target, investment timeframe or additional commitment to purchase Pudgy Penguins assets.
Pudgy Penguins NFT sales jump 125% in one week The acquisition came after a strong increase in reported trading activity for the Pudgy Penguins collection.
According to CryptoSlam figures examined on October 10, Pudgy Penguins generated approximately $1.50 million in NFT sales during the preceding seven days. The result represented an increase of 125.66% compared with the previous weekly period.
As covered in the latest NFT market sales report, Pudgy Penguins ranked third among NFT collections by weekly sales, behind Courtyard and CryptoPunks. The collection recorded 196 transactions, an increase of 151.28%, while buyer addresses rose 54.10% to 94.
Seller participation increased during the same period, with 123 seller addresses recorded, up 101.64% from the previous week.
The figures show that the collection experienced increased trading activity before Weitsman’s October 12 announcement. The publicly available weekly report does not establish a direct connection between his purchases and the recorded sales increase.
Across the NFT market, CryptoSlam recorded approximately $39.85 million in weekly sales, representing a 0.90% increase. Ethereum led blockchain networks with $17.60 million, followed by Polygon with $8.62 million and Bitcoin with $3.55 million.
Despite the modest rise in total sales value, the number of participating NFT buyer addresses fell sharply during the reporting period. CryptoSlam recorded 30,332 buyers across tracked networks, down 85.33%, while total NFT transactions declined 6.92% to 778,055.
For Pudgy Penguins specifically, the collection’s higher sales volume accompanied increases in transactions, buyers and sellers, according to the October 10 figures.
No independently verified purchase total or transaction-by-transaction valuation for Weitsman’s latest acquisition was established in the reviewed primary material.
Weitsman previously acquired over 5,000 Yuga Labs NFTs The purchase follows another large NFT acquisition by Weitsman in August 2025, when he announced buying more than 5,000 digital collectibles associated with Yuga Labs.
The earlier transaction involved assets from the Otherside ecosystem, including Otherdeeds, Mega Kodas and Weapon Kodas. The collectibles were acquired directly from Yuga Labs as part of his stated intention to support the company’s metaverse project.
Weitsman described the August transaction as a long-term investment and expressed interest in further purchases through the secondary NFT market. The acquisition expanded his collection of blockchain-based assets connected to virtual land, characters and digital gaming experiences.
Otherside is a metaverse project developed by Yuga Labs, the company associated with the Bored Ape Yacht Club NFT collection. Its ecosystem includes Otherdeeds, which represent digital land within the project, and Koda characters connected to its virtual world.
The August transaction did not involve Pudgy Penguins, which operates as a separate NFT brand. However, both purchases were accompanied by public statements in which Weitsman expressed support for the projects and their communities.
His latest announcement did not specify whether the 117 Pudgy Penguins NFTs were intended for permanent holding, future trading or participation in any particular project activity.
The collection’s established history includes its original launch in July 2021, when 8,888 penguin-themed NFTs were introduced on Ethereum. Following a change in leadership in 2022, the project expanded into physical merchandise, gaming and licensing.
As previously documented in the history of Pudgy Penguins, entrepreneur Luca Netz acquired control of the brand in 2022, after the original leadership faced criticism from holders over its development progress.
Pudgy Penguins continues expanding beyond NFT trading While its original Ethereum collection remains a central part of the brand, Pudgy Penguins has expanded into consumer products and entertainment. The company introduced physical toys, collectible figures, trading cards and digital experiences designed around its penguin characters.
In June 2026, Pudgy Penguins brought its Vibes trading card products to Target stores across the United States. The cards feature characters associated with Pudgy Penguins and related collections, with gameplay built around collecting and trading.
The Target trading card rollout followed earlier efforts to make the project’s characters available to customers outside cryptocurrency marketplaces.
An official July business update described further retail activity involving plush toys, collectibles and licensing partnerships. Pudgy Penguins said its products were available through Target stores and reported launches tied to San Diego Comic-Con and a collaboration with collectible card company KAKAWOW.
The company identified its Little Treats Blind Boxes as a leading seller during Comic-Con and said it was preparing further retail distribution before 2027. The update described plans to expand the availability of its physical products, including additional collectible releases.
At the same time, the wider Pudgy Penguins ecosystem has faced operational challenges. Abstract, the consumer blockchain associated with Pudgy Penguins, announced plans to discontinue its network on December 15, 2026, after its operator reported that maintaining the platform was financially unsustainable.
The network’s shutdown plan was examined in an October report on the financial pressures facing Ethereum layer-2 blockchains, which identified Abstract and Blast as projects preparing to close operations.
The reported shutdown concerns Abstract’s blockchain operations and does not establish that the original Pudgy Penguins NFT collection is being discontinued.
In its April 2026 business update, Pudgy Penguins described the launch of Pudgy World, a browser-based multiplayer experience connected to the brand’s physical toys. Customers can use QR codes included with certain toys to access associated digital features.
The company said the platform was designed to connect its merchandise with interactive experiences and reported continued development of retail products, entertainment content and community activities.
Its official October product catalog continues to list plush toys, card games, character accessories and collectible merchandise, including items associated with Pengu, Pax and Polly.
President Donald Trump declared an “energy ceasefire” between Russia and Ukraine on Sunday, sending bitcoin higher before oil markets could reopen to price the development. The announcement, posted to Trump’s Truth Social account, initially drew no reaction from either crypto or energy markets, according to CoinDesk’s market report. Bitcoin began rising only after Ukrainian President Volodymyr Zelensky signaled conditional support, gaining more than 1% to roughly $83,900.
The sequence matters more than the headline. Trump wrote that the ceasefire took effect immediately and that both parties had agreed, warning: “Do not break it!” Kyiv’s first response, however, was caution rather than confirmation.
What Trump Announced and How Kyiv Responded Trump’s Truth Social post declared the energy ceasefire effective immediately but offered no terms, no start time and no mechanism to verify compliance. Asked about it by Axios reporter Barak Ravid, Zelensky said the announcement “was news for me,” adding that Ukraine would agree to an energy ceasefire if Russia did. Minutes later, on X, he struck a more supportive tone, saying Ukraine supports the ceasefire and is awaiting details from the American side.
Bitcoin Moved Only After Zelensky’s Reply The market’s reaction tracks that sequence. Oil and crypto both held near Friday’s levels after Trump’s post and only started moving once Zelensky’s X message arrived. That traders waited for a second source of confirmation shows how heavily geopolitical risk is being priced into bitcoin. The move also echoes bitcoin’s reaction to Trump’s earlier signal on Iran, when markets repriced geopolitical risk within minutes of a single announcement. Still, the size of the reaction is telling: a roughly 1% gain is modest compared with the swings bitcoin has posted on geopolitical headlines this year, consistent with traders pricing a positive but unconfirmed signal rather than a settled outcome.
A Real De-escalation or a Pre-Election Headline? This is the second time Trump has announced a Russia-Ukraine ceasefire, as Bloomberg’s Javier Blas noted. The first declaration was followed by continued strikes on energy infrastructure, a reminder that an announcement without confirmed compliance can unwind quickly. The U.S. midterm elections are less than a month away, and Polymarket currently prices a Democratic sweep of both chambers at 62%, leaving some traders to read the timing as political. Oil markets, closed since Friday, get their first chance to weigh in when trading reopens Sunday evening — a test that could either confirm or unwind bitcoin’s war-driven move.
For now, the bitcoin gain is a conditional repricing, not a verdict. Until Moscow formally confirms and oil reopens, the move remains vulnerable to reversal.
AUTHOR
Blockchain analyst specializing in the regulatory impact of government policies on the crypto industry. Known for his thorough research and clear, engaging writing, Emmanuel provides insightful analysis on the latest trends, market shifts, and emerging crypto innovations. His work aims to educate and inform both novice and experienced readers, offering expert perspectives on the fast-evolving world of digital assets. With a passion for staying ahead of the curve, Ogwu is a trusted voice in the cryptocurrency and blockchain space.
Jeonbuk Bank jako první v Jižní Koreji spustila pro firemní klienty úvěry v jihokorejských wonech zajištěné bitcoinem. Bitcoin zůstává v úschově licencovaných poskytovatelů.
A regional South Korean lender has just done something none of the country’s banks had done before. Jeonbuk Bank now lets corporate clients borrow Korean won using Bitcoin as collateral.
The product launched on October 12, 2026, and is described as the first won-denominated loan in South Korea secured by Bitcoin.
Jeonbuk Bank, a subsidiary of JB Financial Group, says it plans to expand the offering depending on market demand and how regulations develop. For now, the door is open only to businesses.
How the loans actually work Jeonbuk Bank does not take custody of the Bitcoin pledged against these loans. Instead, it works with qualified virtual asset service providers that meet South Korea’s custody standards.
Those custodians must comply with local rules, including ISMS certification and the Virtual Asset User Protection Act. ISMS is South Korea’s information security management certification, essentially a government-backed stamp saying a firm’s data and systems meet a defined security bar.
The bank’s role is narrower. It handles valuation and lending, and it does not own or manage the Bitcoin sitting in custody.
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The loans are restricted to corporate clients. The money is meant for business operating funds, which covers payroll, suppliers, and keeping the lights on.
Only Bitcoin qualifies as collateral. The bank chose Bitcoin because of its superior liquidity and higher trading volume compared with other digital assets.
Pricing a volatile asset without losing sleep Jeonbuk Bank’s answer is a layered valuation process. It prices the collateral using weighted average prices drawn from multiple global exchanges rather than relying on a single venue.
The model also factors in volatility medians and runs stress tests.
Recovery in a default runs through court-ordered auctions under revised Civil Execution Rules, which took effect on October 1, 2026. The Bitcoin does not simply transfer to the bank when a borrower misses payments.
The timing is hard to ignore. The rule change landed less than two weeks before the product launched, giving the bank a legal path to recover value from seized digital assets.
A bank that wants to be a crypto bank The bank’s president has expressed a desire for Jeonbuk Bank to evolve into a “crypto bank.”
The product has been framed as paralleling offerings from global institutions such as JPMorgan Chase.
By outsourcing custody to licensed providers and routing defaults through the courts, the bank keeps a clear line between lending money and holding crypto directly.
What this means for Korean banking and crypto The most immediate impact falls on Korean companies that already hold Bitcoin. Until now, getting cash out of those holdings usually meant selling them.
Jeonbuk Bank has indicated it might eventually open the product to a wider range of clients and potentially accept other digital assets, depending on demand and the regulatory framework.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
XRP Ledger je na RWA.xyz šestý s tokenizovanými aktivy v hodnotě 5,046 miliardy USD bez stablecoinů, ale jako distribuovaných je označeno pouze 9,8 % této hodnoty.
12 October 2026 | 07:41 XRP Ledger sits sixth in a major tokenized-asset ranking, where its RWA total exceeds $5 billion and raises a closer question about distribution.
The RWA.xyz network table lists XRP Ledger at number six, with $5.046 billion under RWA Total Value (Excl. Stablecoins), $4.550 billion in represented value, and 9.8% marked as distributed.
XRP Ledger is listed sixth on RWA.xyz, with $5.05 billion in tokenized assets excluding stablecoins. Read the whole XRPL row, not only the ranking The dashboard displayed three figures for XRP Ledger: $5.046 billion in “RWA Total Value (Excl. Stablecoins),” $4.550 billion in “RWA Value (Represented),” and 9.8% under “% Distributed.” Each label describes a different part of the tracker’s view of the network.
The key detail is the 9.8% distributed figure.
RWA.xyz separates the network’s total and represented values from the portion it labels as distributed. The table does not identify the holders, the relevant investor restrictions or the terms for transferring and redeeming every asset.
That leaves an important distinction between the size of financial products associated with a blockchain and the portion measured as distributed through it. A high placement in the ranking can show that major tokenized products have reached the network. It cannot, by itself, show how widely their units are held, how often they move or how easily they can be redeemed.
#6
XRPL’s listed position
The position shown in RWA.xyz’s network table at the time of checking.
$5.046B
RWA total value excluding stablecoins
The headline value displayed for the network in the ranking.
$4.550B
Represented RWA value
A separate field displayed by the tracker alongside the total.
9.8%
Share labelled “% Distributed”
The part of the row that prevents the total-value figure from being read as a simple measure of broad investor distribution.
Why Treasury and money-market products matter here XRPL’s tokenization story has grown around familiar institutional products: short-term U.S. Treasuries and money-market funds. These instruments give eligible investors a way to hold a regulated claim on cash-like assets while using blockchain infrastructure for recordkeeping, settlement or transfer processes.
Ondo Finance deployed OUSG on XRPL, bringing its tokenized short-term U.S. Treasury fund to the network for institutional investors. The product uses eligibility and compliance controls, so its availability depends on the investor and the applicable terms rather than the existence of a wallet alone.
The next part of the model is distribution through regulated market infrastructure. Archax provided access to abrdn’s U.S. dollar liquidity fund in tokenized form on XRPL. Its product page identifies the fund as available to professional and institutional investors, with investment minimums and specified dealing arrangements.
OpenEden’s partnership with Doppler Finance points to a third use: connecting Treasury-backed assets with XRPL-native liquidity. Together, these examples show how a network can carry tokenized products for cash management, fund access and settlement without turning every asset into an unrestricted retail token.
The ranking leaves out the terms that decide usefulness A tokenized fund unit can be valuable while still carrying important limits. The issuer may restrict who can subscribe, require investor verification, control transfers, set redemption windows or use an external legal register as the authoritative ownership record. Those conditions are part of the product, even when its representation appears on a public blockchain.
This is why a tokenized-asset total should be read beside the offering terms. A large represented value can signal institutional interest and a meaningful distribution partnership. It says less about secondary-market liquidity, holder concentration or how quickly a participant can enter and exit the product.
The same distinction applies across the wider onchain-finance market. Digital dollars can connect payments, treasury management and tokenized investments, but each layer has its own issuer, access rules and redemption process.
Stablecoins are deliberately outside this comparison RWA.xyz’s total shown in the XRPL row excludes stablecoins. That choice helps keep two separate financial functions visible. A stablecoin generally serves as a settlement balance, while a tokenized Treasury or money-market fund gives its holder an investment claim that may generate yield from underlying assets.
Both products can work together. An institution may use a stablecoin to settle a payment or subscribe to a fund, then hold the fund token as part of its cash-management strategy. Treating them as one measure of adoption would hide the difference between payment liquidity and investment exposure.
The ranking does not establish a fixed XRP-demand effect More tokenized assets can broaden XRPL’s role in fund distribution, asset administration and settlement. The ranking offers no fixed equation between that activity and XRP demand.
Each product has its own mechanics. Some flows may use XRP, RLUSD or another digital asset. Other arrangements may centre on issuer permissions, custodians and tokenized fund records. The $5.046 billion figure therefore provides evidence of financial products associated with XRPL; it does not provide a price target or a direct demand forecast for XRP.
The number to watch next Sixth place shows that XRPL has become a meaningful venue in the tokenized-asset landscape. The data point the headline misses is the distance between the network’s large total and the 9.8% share RWA.xyz labels as distributed.
That gap makes the next evidence easy to identify: a larger distributed share, more eligible holders, recurring subscriptions and redemptions, and tokenized assets being used repeatedly in settlement or collateral workflows. Those developments would show whether XRPL’s tokenized value is turning into a deeper and more active financial market.
This article is provided for informational purposes only and does not constitute financial or investment advice. RWA.xyz rankings and asset values may change as products are issued, redeemed, revalued or reclassified.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Útočníci na Liquid Network vytěžili přibližně 4 000 nezajištěných L-BTC a odčerpali bitcoin v hodnotě zhruba 319 milionů USD; po vrácení 85 % zůstalo nezajištěno přibližně 47 milionů USD.
Adam Back, the longtime Bitcoin cryptographer whose early work was referenced by Satoshi Nakamoto and who has repeatedly denied speculation that he is Bitcoin’s creator, recently sharpened his critique of Ethereum’s foundational design.
In response to warnings from Ethereum researchers that artificial intelligence could potentially undermine the cryptographic signatures protecting both Bitcoin and Ethereum wallets far sooner than quantum computing threats—possibly in months rather than years—Back highlighted Bitcoin’s Unspent Transaction Output (UTXO) model.
He suggested that Satoshi’s choice reflected a sophisticated grasp of distributed systems and peer-to-peer programming, noting that the UTXO approach treats discrete outputs much like physical cash that is spent and recreated.
In contrast, he described early Ethereum developers as inexperienced and said they rebuilt around what he viewed as a flawed account-based architecture despite prior cautions.
Ethereum’s account model tracks persistent balances and contract state more like a traditional ledger, and researchers have explored optional UTXO-style features in proposals such as EIP-8141, but Back’s comments framed Bitcoin’s design as better suited to avoid certain concurrency and state issues in decentralized networks.
These remarks arrive amid mounting operational and legal pressures on ventures associated with Back, as detailed in a late-September report.
Blockstream, the infrastructure firm he co-founded and where he serves as CEO, was hit by what has been described as 2026’s largest crypto theft. On September 6, attackers exploited a caching flaw in Elements, the software underlying the Liquid Network—a federated Bitcoin sidechain developed by Blockstream for faster, more private transfers of bitcoin.
By minting roughly 4,000 unbacked L-BTC tokens and then redeeming them through an authorized peg-out, the attackers extracted about $319 million in real bitcoin from the federation’s reserves.
They identified themselves via on-chain messages as white-hat researchers, negotiated after a software patch was deployed, and returned approximately 85 percent of the funds, or roughly 3,400 BTC worth about $272 million.
Roughly $47 million remained outstanding, which the attackers treated as a bounty; Blockstream rejected demands for further payment, characterizing the retention as unauthorized withholding rather than responsible disclosure.
The network was temporarily paused, peg operations disrupted, and L-BTC trading suspended at exchanges while recovery continued, leaving a temporary shortfall in backing.
Separately, a high-profile effort to list a Bitcoin treasury vehicle collapsed.
BSTR Holdings, a project promoted by Back that aimed to bring a substantial bitcoin position—originally structured around more than 30,000 BTC plus additional financing—public through a merger with a Cantor Fitzgerald-sponsored SPAC, saw the deal terminated in August 2026.
The unwind triggered a $15 million termination obligation, with staged payments due in September and December.
Market conditions and renegotiation attempts contributed to the failure of the original terms.
A Bitcoin mining operation that Back helped establish and in which he held a minority interest after its spin-off from Blockstream has also faced multiple civil disputes.
Partner entity Exacore, which operates multiple mining sites, has been named in lawsuits alleging unpaid electricity, equipment, and related obligations totaling in the low millions, following significant capital raised through notes and other instruments tied to expected production.
Blockstream has stated it maintains no operational affiliation with Exacore. These developments coincide with the industry’s broader post-boom adjustments, underscoring liquidity, counterparty, and technical risks even for long-established Bitcoin infrastructure players.
Ethereum se po odrazu na 2 519 USD zastavilo u 2 500 USD; týdenní odlivy ze spotových ETF dosahují téměř 542 milionů USD, což signalizuje slabou poptávku.
After holding the key support near $2250 for two days, Ethereum [ETH] sellers regained the market control, accelerating further downward. The level was the last support holding the structure after the altcoin fell outside the range it had been trading in since the last week of September.
The altcoin’s downward momentum continued before halting near the $2400 support. Bulls then regained momentum, igniting a rebound back above $2500 at $2519. Since then, the upside momentum has stalled near the $2500 mark.
Source: TradingView Meanwhile, the spot volume has been declining dramatically, as weekly ETF outflows still remain high near $542 million, suggesting demand remains weak. Heavy liquidations, dominated by leveraged longs, further accelerated the decline.
Therefore, looking ahead, $2,408 remains critical, as another breakdown below that support could expose $2,350–$2,400.
Conversely, reclaiming $2,560 would signal improving demand and open a recovery toward $2,625, potentially restoring confidence and reducing downside pressure.
ETH Open Interest signals liquidation risk Elsewhere, Ethereum’s price recovery now faces another hurdle. According to Alphractal’s derivatives positioning data, major traders’ confidence is declining.
The 30-day and 180-day open interest deltas are both negative, which represents that long-term open interest for leveraged positions will continue to decrease.
Moreover, the whale-versus-retail delta also remains negative. Therefore, it simply implies that whales are supporting less bearish trading compared to retail buyers.
Source: Alphractal This shift matters because ETH still carries approximately 10.58 million ETH, worth roughly $12.9 billion in total open interest. As such, this represents a significant amount of potential volatility should the price suddenly move.
That aside, the latest reading shows a negative delta near 940,000 ETH according to Alphractal data, reinforcing the scale of positioning pressure.
Consequently, another decline may lead to new liquidation and increased selling. On the other hand, less exposure to sell-offs may reduce volatility when Ethereum becomes stable and traders build their position cautiously.
Bitfinex ETH longs surge Ethereum’s recent sell-off has not stopped every trader from betting on a rebound. However, Bitfinex’ long positions have risen to almost $283,405 with an extreme rise in positive bets for ETH as it tries to bounce back.
The concentration of such positioning indicates that some traders believe the loss will be seen as a buy signal rather than the beginning of larger declines. Still, the bets carry a significant risk since both RSI readings have climbed above 82, indicating extremely stretched momentum.
Source: TradingView If ETH fails to sustain its recovery, these leveraged longs could face pressure to exit, potentially adding fresh selling. Conversely, continued price strength could reward early buyers and encourage further bullish positioning.
The key question is whether actual demand can support this aggressive bet before profit-taking or a reversal undermines it.
Final Summary Ethereum risks further losses below $2,430, with $2,560 key to recovery.
ETH faces liquidation risk as Bitfinex longs surge toward $283,405.
Two wallets linked to the Ethereum Foundation moved 4,393 ETH to Kraken on October 12, 2026. At the time of the transfer, that stack was worth approximately $11.13 million.
The move was flagged by on-chain tracker EmberCN and picked up by outlets including TechFlow and BlockBeats. Neither the foundation nor Kraken has said anything publicly about it.
Following the coins The two sending addresses were identified as 0x4c4…2b94 and 0x999…0229. Together, they accounted for the full 4,393 ETH that landed on Kraken.
One of those wallets has a long history. In 2016, it received 59,751 ETH from an Ethereum Foundation address. Over the following ten years, that same wallet has routed 49,751 ETH to Kraken.
The research ties that ETH to an average price of approximately $658 per coin.
The gap between what the wallet received and what it has sent to Kraken works out to 10,000 ETH. The available on-chain data does not specify where that remainder sits today.
This transfer also does not stand alone. EmberCN-style monitoring has caught similar flows from foundation-linked addresses to Kraken in May and August of 2026, as well as in late 2025. Those earlier movements included both larger transfers and smaller test transactions.
Why the Ethereum Foundation keeps showing up at Kraken The Ethereum Foundation is the nonprofit that has supported Ethereum’s development since its early days. Historically, the foundation has sent funds to centralized exchanges such as Kraken for various operational purposes.
Without a statement from the foundation, the exact purpose of this batch remains unclear. The research describes these flows as potential operational activity, possibly connected to future projects or liquidity needs.
What this means for ETH holders and the market Prior transfers of this kind have drawn attention from the analytics community without typically producing immediate market impact.
Transfers in late 2025, May 2026, August 2026, and now October 2026 suggest a steady cadence of treasury activity. Observers will look for any public explanation from the foundation, any follow-up transfers from the same two addresses, and whether the 10,000 ETH gap from the 2016 allocation shows up anywhere.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Příliv kapitálu do amerických spotových ETF na bitcoin po dvoudenním přírůstku 1,7 miliardy USD výrazně zpomalil; během 13 seancí fondy získaly jen asi 232 milionů USD.
US spot Bitcoin (BTC) exchange-traded funds (ETFs) have added only about $232 million over 13 sessions. Bitcoin ETF inflows totaled $1.7 billion across September 21 and 22, then went quiet.
Bitcoin’s price recovered to above $83,000 overnight while US-listed funds were not trading, so ETF buyers have not confirmed the move. Monday’s flow data will show whether they follow.
What Happened to Bitcoin ETF Inflows After September 22?Data tracker SoSoValue shows the funds drew $999 million on September 21 and $714.8 million on September 22. Cumulative inflows hit $56.87 billion by the end of that second day.
However, an inflow streak ended on September 30 with a $148.7 million outflow, and ETF demand has faded since.
September 21 saw the largest inflows since Bitcoin’s latest rally started. Source: SoSoValueBrief relief followed, with $102.7 million entering on October 1 and $189.8 million on October 2.
Then the two largest outflows of the past 13 sessions hit on October 7 and 8, totaling $731.2 million.
Total net assets fell from $110.77 billion on October 5 to $105.84 billion on October 9. Net outflows over that span totaled $591 million, so lower prices likely drove most of the drop.
Can One Fund Carry the Recovery?Friday’s $21.13 million inflow ended a two-day outflow run. BlackRock’s iShares Bitcoin Trust (IBIT) took in $22.38 million, more than the day’s net total.
In contrast, Fidelity’s Wise Origin Bitcoin Fund (FBTC) lost $3.58 million. Nine of the 12 funds posted zero flows.
Spot Bitcoin ETFs Saw $681 Million in Net Outflows Last Week; Spot Ethereum ETFs Recorded $542 Million in Net Outflows
From October 5 to October 9 (ET), spot Bitcoin ETFs posted net outflows of $681 million, ending a three-week streak of net inflows. Spot Ethereum ETFs recorded… pic.twitter.com/GoEWFIpBlv
— Wu Blockchain (@WuBlockchain) October 12, 2026 IBIT alone holds $66.3 billion of the $105.84 billion in total net assets, about 63%. Grayscale Bitcoin Trust (GBTC), meanwhile, has recorded $27.94 billion in cumulative net outflows.
Friday’s $1.44 billion in total value traded was the lowest of the 13 sessions. October 8 had marked the highest, at $3.18 billion.
A Fear and Greed sentiment reading of 39 sits in the fear zone, according to CoinGecko.
US spot Bitcoin ETFs hold 6.38% of Bitcoin’s market value, according to SoSoValue, so their flows gauge institutional demand. A rally without them would need other buyers. Earlier this month, Glassnode data tied a pullback to weak trading volume.
Americké spotové ETF navázané na Solanu zaznamenaly v týdnu končícím 9. října odliv 24,8 milionu USD, což je nejvyšší hodnota od spuštění těchto fondů. Tím ukončily 14týdenní sérii přílivů.
US spot Solana (SOL) exchange-traded funds (ETFs) lost $24.8 million in the week ending October 9. It was their largest weekly outflow since launch in October 2025 and ended 14 straight inflow weeks.
Just 2 weeks earlier, the funds drew $188.2 million, their second-biggest week on record. Inflows then slowed to $2.4 million in the week ending October 2.
Solana’s Record Exit Lands in a Red Week for Crypto ETFsAccording to SoSoValue data, the previous weekly record was an $8.9 million outflow in the week ending February 6. Last week’s exit was almost 3 times that size.
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Solana ETF Weekly Flows. Source: SoSoValueBitcoin (BTC) ETFs shed $681.1 million in the same week, while Ethereum (ETH) ETFs lost $542.1 million. Ethereum funds closed the week on a ninth straight outflow day, BeInCrypto reported.
Zcash (ZEC) and Hyperliquid (HYPE) ETFs also posted outflows of $30.7 million and $9.4 million, respectively.
SOL Sees Modest Rise After a 10% SlideNet assets in the Solana funds fell 8.9% over the week, from $1.90 billion to $1.73 billion. The outflow accounts for only about $25 million of that $170 million decline. The rest largely reflects SOL’s price slide over the same period.
SOL fell 10.25% during the trading week before recording modest gains over the weekend. The altcoin traded at $111.53 at press time, up 1.45% over the past 24 hours, according to BeInCrypto Markets data.
Solana (SOL) Price Performance. Source: BeInCrypto MarketsThe next weekly print, covering trading through October 16, will show whether fund buyers returned after the price drop.
XRP ETFs Keep Drawing Money as Other Crypto Funds BleedMeanwhile, spot XRP (XRP) ETFs moved in the opposite direction, drawing $11.3 million over the same week. The inflow extended their streak to 13 consecutive weeks.
Their last outflow week ended July 10. In contrast, other major ETFs all posted net outflows last week.
The buying held up even as XRP fell 8.2% during the week. Cumulative net inflows into XRP ETFs reached a record $1.80 billion. Net assets, however, stood lower at $1.57 billion.
Even so, Solana and XRP ETFs have each drawn more net money in 2026 than spot Bitcoin ETFs. Since January 1, Solana funds have attracted $816.8 million and XRP funds $635.5 million, against $494.1 million for Bitcoin.
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Chainlink uspořádá 29. října 2026 v New Yorku konferenci Link, na níž vystoupí více než 35 lídrů finančního sektoru včetně zástupců DTCC, CFTC, Swift a Citi.
Chainlink will assemble more than 35 senior finance executives in New York City for its Link conference on October 29, 2026, placing a spotlight on the convergence of digital assets, blockchain infrastructure, and artificial intelligence within the global financial sector.
Top Institutions to Discuss Blockchain and Digital FinanceThe event is expected to feature speakers from major organizations such as the Depository Trust & Clearing Corporation (DTCC), the Commodity Futures Trading Commission (CFTC), Swift, Intercontinental Exchange (ICE), Fidelity, Citi, Morgan Stanley, Bank of America, Wells Fargo, Deutsche Börse, Robinhood, and Apex Group.
This assembly highlights the growing momentum behind institutional engagement with blockchain technology and onchain markets. Discussions are set to address tokenization of assets, digital settlement systems, and the broader future of financial infrastructure in an AI-driven, always-on economy.
Participants will explore how legacy institutions are positioning themselves in a rapidly evolving ecosystem. However, organizers advised that the presence of industry leaders at the event should not be interpreted as confirmation of new partnerships or imminent business agreements.
Chainlink’s Expanding Role in Institutional Blockchain AdoptionChainlink offers infrastructure that enables blockchain applications to interact with real-world data and external networks, primarily through oracle services and interoperability solutions. These features allow for secure smart contract automation, reliable access to market data, and cross-chain interoperability.
Financial institutions monitoring the shift toward blockchain-driven systems are seeking dependable data connections and integration tools. Chainlink’s technology is designed to address these needs, supporting functions such as tokenized asset management and automated financial operations.
Link’s significance lies not just in its speaker roster, but in whether new integrations or adoption by these leading institutions emerge following the discussions.
As digital assets and onchain activity accelerate, many market participants are seeking tools to streamline their trading and analysis workflow. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, switching between multiple apps for charts, news, and portfolio management often leads to lost opportunities. Smart traders are now utilizing privacy-first platforms like CryptoAppsy, which allow users to consolidate real-time charts, price alerts, coin-specific news, and macroeconomic data without the need for an account, all on a single dashboard.
LINK Price Eyes Recovery: Key Technical LevelsMarket attention is turning to LINK’s price trajectory, as technical analyst Giannis Andreou has outlined a potential recovery scenario. According to Andreou, the $12.40–$12.70 range represents key support for LINK, and holding this level is critical for further bullish momentum.
If LINK maintains this support and then reclaims resistance at $13.80, a path toward higher resistance zones at $14.20–$14.70 and possibly to former highs between $15.30 and $15.80 could open. Andreou has also identified the upper boundary near $18.40 as a potential target if bullish momentum continues.
Andreou’s technical setup becomes invalid if the LINK price moves below $12, making confirmation by price action essential as downside risks remain significant.
Traders are advised to watch for price confirmations at each resistance level, as breaking above $14.20 and $15.80 could trigger further upside. On the contrary, a failure to defend the $12 support would suggest renewed bearish pressure for LINK.
The upcoming Link conference will provide insights into the priorities of major financial institutions and the future of digital finance, though its direct influence on LINK’s price will depend on concrete developments such as institutional adoption and integrations.
PLabs navrhuje soukromý stablecoin pUSDC na síti Ethereum, krytý $USDC, jehož kontrakty mají udržovat rezervy alespoň ve výši objemu v oběhu. Jde pouze o návrh, nikoli o nasazený stablecoin.
At 10:00 UTC on October 9, 2026, PLabs committed an English technical paper describing a private stablecoin issuance protocol for Ethereum. The proposed system separates unbacked protocol inventory from circulating private notes and requires a reserve deposit equal to each note that enters circulation. Its running example uses $USDC reserves and calls the resulting instance pUSDC.
The paper presents a design and does not report a deployed stablecoin. It describes two immutable contracts, ReserveVault and NotePool, plus zero-knowledge circuits and off-chain roles. Anyone could deploy a pair backed by a chosen reserve ERC-20. PLabs says the contracts would enforce reserve balance greater than or equal to circulating supply.
ReserveVault would custody the selected reserve asset and provide the public purchase and redemption entry points. NotePool would maintain the note commitment tree, spent-note nullifiers, and the compliance freeze root. PLabs recommends a commitment tree with depth 32. Once more than half of its leaves are used, the pool would enter an exit-only mode that rejects new activity while preserving redemption for every unspent note.
Inventory becomes money only after payment The accounting split is the paper’s central mechanism. Protocol notes belong to a public protocol address and serve as inventory. Minting increases total supply and uncirculated inventory without moving $USDC. Those notes cannot be transferred or redeemed. A user note becomes circulating only through a purchase that deposits the same amount of reserve tokens in the same transaction.
The pool calculates circulating supply as total supply minus uncirculated inventory. A purchase decreases inventory by the amount sold while the ReserveVault pulls an equal amount of $USDC from the payer. The paper’s target-output circuit binds that payment to the named private note, preventing the receiving commitment or amount from being substituted after authorization.
This separation lets an operator prepare inventory without creating a redeemable claim. The paper argues that excessive inventory minting does not threaten reserves because inventory cannot enter transfers. If the protocol’s inventory spending key leaks, an attacker could disrupt sales by rewriting inventory ciphertexts, but could not convert those notes into circulating claims without depositing $USDC. PLabs recommends threshold signing for that key.
A buyer does not need to receive public $USDC before entering the private pool. The user gives a private payment address to an on-ramp. The ramp creates the output note, returns its plaintext to the user, and signs an EIP-712 authorization covering the payer, amount, commitment, nonce, and deadline. The operator then spends inventory, and a relayer submits the bundle. The Vault verifies the authorization, pulls $USDC, and calls the pool atomically.
At note level, each action spends one old note and creates one new note. Multiple actions can form a bundle. A public valueBalance records the difference between the face value spent and created. Purchases, redemptions, and transfers require that balance to be zero. Every signature covers the bundle’s nullifiers, commitments, ciphertexts, valueBalance, recipient metadata, and executor. If the executor field names an address, only that address can submit the bundle.
The chain sees the payer, amount, output commitment, and nullifiers during a purchase. It does not see the user’s private address or externally owned account. During a private transfer, the chain sees nullifiers, output commitments, and the relayer, while both addresses and amounts remain hidden. Redemption makes the recipient and amount public because reserve tokens leave the pool.
Redemption does not require the operator A note holder signs the redemption destination and amount into the bundle. The ReserveVault recomputes that digest before transferring reserves, so a relayer cannot replace the recipient or amount without invalidating verification. The holder or any relayer may call the public redemption entry point. The design requires no operator signature or submitter allow-list.
The contracts track slack as reserve balance minus circulating claims and accrued fees. Each valid entry point must leave that value unchanged and assert that it has not declined. A purchase is the only operation that increases circulating supply, and it deposits equal reserves atomically. Redemption remains available during an existing reserve shortfall as long as the transaction does not deepen it.
The operator does retain viewing keys for read-only audits. A compliance administrator can update a Merkle root representing frozen notes. Every spend must prove its note is absent from that set. A freeze leaves the note counted in circulating supply and does not let the administrator move reserves. A malformed root could halt all spending, which puts availability under the administrator’s control even though reserve custody remains in the contracts.
Underlying reserve risk also remains. The paper states that the $USDC issuer could freeze the Vault address. Fiat delivery and inventory sales have no on-chain escrow, so users still trust their chosen ramp to deliver a note at purchase and fiat after an off-ramp redemption. Immutability removes an upgrade key, but any contract defect would require migration to a new pool.
DeFi composition requires an atomic exit Private notes are not ordinary ERC-20 balances, so existing public protocols cannot accept them directly. The paper proposes bundling redemption, a public action, and a return to privacy into one transaction. A non-reentrant coordinator would route the public leg through whitelisted adapters, bind execution to a signed plan, send leftovers only to a public address, and apply slippage limits.
PLabs also describes a private exchange prototype called PEX. Its current pair is P20 against sUSDC, where sUSDC is public $USDC shielded into a privacy pool. That prototype uses a non-custodial central limit order book and is separate from the proposed pUSDC issuance path. The paper presents it as a settlement model that could be adapted to trade a private stablecoin against a public asset in one transaction.
PLabs lists adapter allow-lists, freeze governance, and entry and exit specifications for other privacy pools as open questions.
Avalanche’s native token has had a very good month. AVAX climbed 49.7% over four weeks, according to The Defiant, leaving both Bitcoin and Ether behind over the same stretch.
From the low sevens to nearly eleven In mid-September 2026, AVAX was trading in a range of roughly $7.20 to $7.50. By the October 3 to 11 window, it had moved to a range of around $10.80 to $11.00.
As of October 11, the token sat between $10.85 and $10.95. That price puts Avalanche’s market capitalization at close to $4.8 billion.
Helicon and the RWA land grab The first catalyst arrived on September 22, 2026, when the Helicon upgrade went live on Avalanche’s mainnet. The update was pitched as a meaningful performance boost, with claims of block verification running up to 100x faster.
Helicon did more than tune the engine. It also shortened staking periods, which means people locking up AVAX to help secure the network do not have to commit their tokens for as long.
The upgrade also included changes aimed at reducing AVAX issuance over time.
The second catalyst came from real-world assets, or RWAs. These are traditional financial instruments, such as stocks or funds, represented as tokens on a blockchain so they can be traded and settled onchain.
In the 30 days through September 29, Avalanche added $266 million in RWA market capitalization. That was the largest 30-day gain among tracked chains, and more than the combined growth of its closest competitors.
Tokenized equities played a big role in that jump. In the week before the RWA growth figures were reported, inflows into tokenized stocks on the network reached $131.2 million.
The institutional angle Recent institutional developments include integrations involving Goldman Sachs and testing tied to ICE and the New York Stock Exchange for tokenized assets.
There has also been discussion around exchange-traded fund inflows into AVAX products.
A long way from the top Even after a nearly 50% climb, AVAX remains approximately 92% below its all-time high of around $145, set in November 2021.
What to watch What to watch next: whether RWA inflows sustain their late-September pace, whether Helicon’s speed claims hold up under real-world load, and whether ETF-related demand for AVAX products turns from discussion into measurable flows.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Solana has emerged as a significant player in the tokenized equities market, capturing 65% of the volume in this sector yesterday. This substantial share is 85% more than the combined volume handled by all other blockchain networks, according to data from @SolanaFloor. This development underscores Solana’s growing dominance in the on-chain equities space, which saw a total volume of approximately $15.6 billion globally last month. Solana’s one-day performance reflects its increasing foothold, following a trend where it has regularly captured a significant portion of the market.
Key Takeaways Solana appears to have strengthened its position in the tokenized equities market, achieving a 65% share of volume. This performance suggests that market participants may view Solana as increasingly integral to the on-chain equities ecosystem. The recent data is consistent with scenarios where Solana’s market influence continues to grow, potentially impacting its price predictions. What to Watch Observers should monitor further developments in Solana’s integration with financial institutions and any regulatory changes that may affect its market operations. Key indicators include announcements from the SEC regarding spot-SOL ETFs, as well as updates from major partners like Fiserv and Samsung. These factors could influence the likelihood of Solana reaching specific price thresholds in October, such as the $190 mark.
Term Structure
Contract Odds Δ since publish Volume 24h November 1 2026 0.9% — — View market → November 1 2026 11.5% — — View market → November 1 2026 11% — — View market → November 1 2026 5.1% — — View market → November 1 2026 0.5% — — View market → November 1 2026 0.5% — — View market → November 1 2026 2.1% — — View market →
Tether po zhruba tříhodinovém zmrazení odblokoval čtyři trezory THORChain na blockchainu TRON a obnovil přístup k USDT v hodnotě přibližně 1,45 milionu USD.
Tether has reversed restrictions on four THORChain vaults on TRON, restoring access to approximately $1.45 million in USDT for users after a freeze that lasted around three hours.
The brief restriction took place on October 9 and temporarily blocked access to USDT within affected vaults on the THORChain network, disrupting a cross-chain trading route relied upon by some traders and liquidity providers. The block did not result in any loss of funds, as vault balances remained fully intact after the freeze was lifted.
THORChain, a decentralized protocol enabling cross-chain swaps, had to pause TRON trading, deposit operations, and transaction signing due to the freeze. These activities resumed soon after Tether removed the relevant addresses from its blacklist, while 19 additional addresses targeted by the same restriction remain blocked.
Chad Barraford, technical co-founder of THORChain, explained that the team received no prior communication or explanation for the freeze. Barraford stated that the protocol directly reached out to Tether during the incident, seeking clarification and expressing hope that the situation was a misunderstanding.
Chad Barraford, technical co-founder of THORChain, said the project did not receive advance warning about the USDT freeze and immediately contacted Tether for clarity, describing the resolution as a return to normal operations without broader implications for the protocol’s liquidity.
The restored access applies to only those four THORChain vaults. Other addresses blacklisted in the same operation, which remain constrained, do not benefit from this reversal. Thus, the underlying mechanism enabling centrally issued stablecoins to restrict wallet use persists for the affected wallets.
For users, the primary impact was the short-term suspension of trading and liquidity services on the THORChain protocol. The restored balances once again became accessible, ensuring platform functionality for those utilizing the unfrozen vaults.
Mini dictionary: THORChain is a decentralized liquidity protocol that facilitates cross-chain exchanges of digital assets without intermediaries, allowing users to swap cryptocurrencies directly between different blockchains such as Bitcoin, Ethereum, and TRON.
Regulatory context and Tether’s wallet controlsTether, the issuer of the largest US dollar-pegged stablecoin in circulation, maintains control over USDT at the smart contract level. The company can freeze or unfreeze specific wallet addresses, typically in response to law enforcement requests or security incidents. In December 2023, Tether announced expanded freezing policies targeting wallets linked to sanctioned individuals or suspicious activity.
The operational pause on THORChain highlighted the dependency that even decentralized projects have on actions by entities controlling major stablecoin infrastructure. Decentralized exchanges or protocols must still account for the centralized authority embedded in these tokens, which can impact continuous access to liquidity or transactional capability if an address is blacklisted.
TRON’s rising USDT supply and market impactThe interruption and restoration of $1.45 million in USDT needs to be viewed within the broader context of the expanding USDT supply on the TRON network. According to data from research firm Lookonchain, the annual increase for USDT supply on TRON amounts to $18.67 billion, bringing the total to $94.25 billion—a growth rate of roughly 24.7%.
MetricValueUSDT released (THORChain vaults)$1.45 millionTotal USDT on TRON$94.25 billionAnnual USDT supply growth on TRON$18.67 billion (24.7%)Proportion of release vs. network supply0.0015%While the vault unfreeze helped restore protocol-specific activity, the sum involved represents only a fraction—around 0.0015%—of the overall USDT liquidity on TRON. Existing tokens held in the vaults did not constitute new issuance or net inflow to the stablecoin’s total supply. The event’s significance was largely operational for platform users.
The reopening of THORChain vaults did not indicate fresh capital entering the crypto market, but simply allowed already-issued USDT to become accessible for routine trading and liquidity provision.
The dominance of USDT compared to the broader cryptocurrency market temporarily retreated from a resistance zone noted in September. Still, market observers cautioned that this metric does not reliably predict flows into other cryptocurrencies, as total supply changes can result from a variety of user behaviors including transfers, collateralization, or platform migration.
At the time of the update, the remaining 19 addresses subject to the original restriction remained frozen, and neither Tether nor THORChain publicly disclosed further details regarding the criteria or communication behind the freeze.
INJ lze nyní obchodovat prostřednictvím funkce Cashtag na platformě X, která uživatele v USA přesměrovává na partnerské platformy včetně Coinbase, Kraken a Gemini.
Injective (INJ) is now tradable through X's Cashtag Partner Program, which routes US users to Coinbase, Kraken and other partners. Here is how it works.
Injective's native token, $INJ, can now be traded through X, according to reports from @MSBIntel and the official @injective account. The service relies on integrations with @Coinbase, @Kraken and several other centralised exchanges (CEXs).
How INJ trading on X worksThe feature runs through X's Cashtag Partner Program. TechJuice reports that users tap a Cashtag, a dollar-prefixed ticker such as $BTC, to see price data and related posts. A new "Trade" button then routes them to their chosen partner platform.
The mechanism matters. According to Parameter, X acts only as a connector and does not facilitate trades or store user funds. All transactions are processed by the third-party brokerages and exchanges. In practice, $INJ is tradable from within X's interface, but orders are executed on partner platforms.
Crypto Briefing notes that the program's launch partners for crypto are Coinbase, Gemini and Kraken, with Interactive Brokers and Moomoo covering equities. Coingabbar's review of the Injective announcement says $INJ trading on X now routes to Coinbase, Kraken, Gemini, Moomoo and Webull. It stresses that this is a link program rather than five new exchange listings.
Limits and contextThe rollout is currently restricted to the United States. Blockonomi reports that no timeline has been announced for international expansion. Users who tap through can sign in to an existing account or open a new one on the partner platform.
For Injective, the move adds a distribution channel inside a large social network. Injective is a layer-one blockchain built for decentralised finance (DeFi) applications, including decentralised exchanges, prediction markets and lending protocols, according to Coinbase. Access through X does not change the token's underlying market structure, but it shortens the path from discussion to trade for US users.
The original post described the Injective ecosystem as being on an "absolute tear". That is a characterisation from the source, and the integration itself does not prove it. Readers should check live INJ prices and volumes on a reputable data provider before drawing conclusions.
SourcesTechJuice: X Launches Cashtag Trading With Major Brokerage Partners
Coingabbar: Injective News, INJ Adds 5 Exchanges
Blockonomi: X Adds Crypto and Stock Trading Links to Cashtags for US Users
Upgrade Meridian Mainnet posílil infrastrukturu sítě Injective pro regulovanou tokenizaci reálných aktiv a mechanismy dodržování předpisů v řetězci pro finanční instituce.
Injective has advanced its institutional-grade tokenization offerings following the recent Meridian Mainnet Upgrade, aiming to boost its infrastructure for regulated real-world asset (RWA) issuance. The latest improvements position Injective to serve financial institutions and asset issuers interested in blockchain-based products with on-chain compliance controls.
Institutional Infrastructure EnhancedThe Meridian Mainnet Upgrade equips Injective with enhanced tools for tokenizing real-world assets in a regulated manner. This expanded infrastructure provides on-chain compliance mechanisms, which can aid developers and issuers in constructing financial products that meet regulatory standards.
Tokenizing real-world assets entails bringing traditional instruments—such as equities and bonds—onto blockchain networks. By strengthening these capabilities, Injective seeks to facilitate entry for asset issuers considering blockchain technologies and expand its reach within digital capital markets.
Mini dictionary: Real-world asset (RWA) tokenization, the process of representing physical or traditional financial assets like stocks, bonds, or real estate on a blockchain in the form of digital tokens, allowing for fractional ownership, enhanced liquidity, and transparent trading.
Despite the improved capabilities, Injective’s long-term impact will rest largely on whether new institutional partnerships, asset launches, and broader on-chain activity materialize over time.
Tokenomics and Network Growth in FocusInjective’s approach integrates a community-driven token burn mechanism, removing INJ tokens from circulation regularly. Sustained token burns, when combined with growing demand and increased network activity, could reinforce a bullish outlook for INJ’s market performance.
However, price appreciation cannot be guaranteed by token burns alone. Broader factors—including issuance rates, staking dynamics, liquidity, and prevailing market trends—are also in play for investors monitoring Injective’s development trajectory.
Injective’s tokenization upgrades and deflationary model offer a positive framework for future asset adoption, but actual demand from institutions and users will ultimately shape the impact on the INJ ecosystem.
Analyst Targets Highlight Recovery ScenariosCrypto analyst Crypto Patel recently presented a bullish long-term thesis for INJ, outlining several key price targets and market zones. According to Patel, accumulation zones for INJ currently sit between $3.10 and $2.30, while re-accumulation could occur from $5.30 to $3.90.
Price projections identified by Patel span milestones at $8.50, $13 to $18, $31, $53, and ultimately $100. The analysis links Injective’s deflationary tokenomics and recent infrastructure expansion to these optimistic targets, though these projections remain highly speculative.
Zone/TargetPrice RangeAccumulation Zone$3.10 – $2.30Re-accumulation Zone$5.30 – $3.90First Target$8.50Mid Targets$13 – $18, $31, $53Ultimate Target$100Whether these levels are reached will depend mostly on demand, adoption metrics, technical confirmation, and the broader direction of cryptocurrency markets.
Projections suggest that as network adoption grows and on-chain demand increases, INJ could potentially reach targets far above its current levels, yet each milestone will require sustained momentum and favorable market conditions.
Technical Barriers Remain AheadINJ’s next phase depends on navigating technical resistance points and generating significant trading volume to support upward moves. The analyst’s noted accumulation ranges provide references but do not guarantee strong support or immediate reversals.
Technical indicators such as RSI and MACD, alongside price action and volume data, are needed to confirm any trend shifts. A decisive breakout above resistance at $8.50, for example, would be key to unlocking the next milestones in Crypto Patel’s recovery framework.
Moving forward, Injective’s ability to translate its updated tokenization infrastructure into new institutional partnerships, regulated asset launches, and heightened network participation will serve as important evidence for lasting demand and momentum.
While the Meridian upgrade strengthens Injective’s position in the RWA sector, the outlook for INJ will remain closely linked to ongoing market sentiment, token supply dynamics, and the pace of real-world adoption by financial institutions and asset issuers.
Aptos dokončil čtyřleté období odemykání tokenů pro insidery, čímž měsíční emise tokenů APT klesla z 11,31 milionu na 4,54 milionu, tedy přibližně o 60 %.
Aptos formally closed out its four-year insider token schedule on October 12, the fourth anniversary of the network’s October 2022 mainnet launch, cutting scheduled APT issuance by roughly 60%. The Foundation’s tokenomics update flagged the milestone ahead of time, noting that the four-year unlock cycle for initial investors and core contributors concludes in October 2026 and reduces annualized supply unlocks by about 60%.
The change removes the network’s two largest scheduled seller cohorts from its supply schedule. At genesis, core contributors were allocated 190 million APT and early backers 134.78 million APT, a combined 324.78 million tokens equal to 32.48% of the 1 billion APT minted at launch. Each grant carried a 12-month cliff followed by monthly vesting through month 48, and the two groups received their final tranche on September 12, 2026.
What the Vesting Cut Changes After October 12, only the Community and Aptos Foundation pools remain on the unlock schedule. Together they release 4.54 million APT a month, down from 11.31 million, with annualized releases falling from about 135.7 million APT to 54.5 million. Each pool disburses one 120th of its remaining balance monthly through 2032, and roughly 331.69 million APT of the genesis supply stays locked across the two pools.
A Wider Tokenomics Overhaul Runs Alongside The 60% reduction is the front edge of a broader supply overhaul approved through on-chain governance as Proposal #183. The Foundation locked and permanently staked 210 million APT, about 37% of its mainnet holdings and nearly 18% of circulating supply, and committed never to sell or distribute it. A 2.1 billion APT hard cap now bounds issuance, annual staking rewards were cut from 5.19% to 2.6%, and gas fees were raised tenfold with all fees burned.
What the Change Does and Does Not Fix Removing the 6.77 million APT monthly insider tranche lowers scheduled supply, but it does not stop new issuance. About 763 million APT, roughly 63% of all tokens, remains staked, and at a 2.6% reward rate that position still mints around 19.8 million APT a year. Unlock calendars also tend to be priced in ahead of time, and the change leaves the 1.196 billion APT already in circulation untouched. The Foundation is betting that rising burns, including those from the on-chain Decibel perpetuals exchange, projected to burn more than 32 million APT annually as it scales, will eventually outpace emissions.
What to Watch Next The first release under the smaller schedule lands within days, giving an early read on how the reduced drip interacts with staking and burns. On the demand side, the Foundation is concentrating resources on high-throughput trading and institutional finance, building on efforts such as its $50 million push into AI agents and on-chain finance. Whether APT’s supply pressure eases will depend on whether activity-driven burns and the smaller drip outpace the roughly 19.8 million APT that staking still mints each year.
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
Sui’s decentralized finance (DeFi) ecosystem is drawing increased attention as Haedal, a liquid staking protocol operating on the network, has surpassed 10 million WAL tokens staked in its haWAL product. According to industry intelligence platform MSB Intel, this milestone highlights growing participation within Sui’s ecosystem. Meanwhile, total value locked (TVL) on Sui has reached $523.5 million, marking a significant achievement for the network.
Haedal’s liquid staking milestoneHaedal, known for its liquid staking solution on Sui, has achieved a major milestone with more than 10 million WAL tokens staked in haWAL. Liquid staking enables users to stake assets while retaining a liquid derivative token, allowing them to participate in other DeFi opportunities without relinquishing staking rewards.
Mini dictionary: Haedal is a decentralized protocol on Sui that allows users to stake the network’s native WAL tokens and receive haWAL, a liquid representative token. haWAL can be used within supported DeFi applications, enhancing flexibility for stakers.
The current haWAL staking total reflects engagement with Haedal specifically, while Sui’s broader TVL tracks value deposited across multiple protocols on the network.
Sui’s network now holds $523.5 million in total value locked, while Haedal’s 10 million WAL staked underscores rising activity within Sui’s DeFi landscape.
Sui’s current DeFi landscapeSui’s TVL at $523.5 million places it among the more active DeFi networks, indicating steady capital inflows and user participation. Total value locked represents the combined value of digital assets held in various decentralized finance protocols, serving as an important metric for ecosystem health and adoption.
While Haedal’s milestone showcases specialized protocol engagement, the overall TVL trend provides a broader view of Sui’s DeFi sector growth. However, these figures reflect network activity and do not in themselves guarantee future price performance for SUI, the network’s native token.
Price analysis and key support levelsCrypto analyst Giannis Andreou is closely watching SUI as it retests a previous consolidation zone. According to Andreou, SUI is currently trading around $1.07 and remains within a key support region between $1.00 and $1.08. This zone may prove pivotal for its short-term trend, especially following the breakout in September.
Andreou highlights that holding this range could allow SUI to build a higher low and potentially resume upward momentum. If support holds, initial upside targets include $1.18 and $1.30, with the previous swing high at $1.41 serving as a more ambitious objective. Conversely, a drop below $0.99 would invalidate this scenario and signal potential weakness.
LevelPriceSignificanceSupport Zone$1.00–$1.08Key area for buyers to defendUpside Targets$1.18 / $1.30 / $1.41Potential resistance on an uptrendInvalidationBelow $0.99Would nullify the bullish outlookThe analyst’s projection outlines a possible 32% climb if SUI moves from its present price toward $1.41, provided support remains firm. However, broader cryptocurrency market trends, liquidity, and trading demand play a large role in whether the token achieves this outcome.
SUI’s ability to remain above $1.00–$1.08 support is critical for near-term price prospects, with $1.18 and $1.30 as intermediate resistance levels before targeting the $1.41 swing high.
Market outlook and ecosystem contextAlthough recent staking and TVL milestones point to strong activity on Sui, they are not independent indicators of bullish price action for SUI. The technical setup, as outlined by Andreou, requires SUI to maintain its support zone while also navigating external factors.
Should SUI successfully defend its current consolidation range and surpass intermediate resistance at $1.18 and $1.30, a move toward $1.41 would come into focus. A breakdown below $0.99, however, would undermine the current market setup and potentially stall recovery efforts.
The combined effect of Haedal’s milestone and Sui’s overall TVL growth highlights ecosystem momentum, but whether this translates into sustained token demand remains to be seen. Both technical confirmation and broader market sentiment will continue to shape SUI’s near-term direction.
Nová peněženka otevřela na Hyperliquid dlouhou pozici s 3× pákou v hodnotě 24,42 milionu STRK a za méně než den vykázala nerealizovaný zisk 1,056 milionu USD.
Kripto piyasasında yeni oluşturulan bir cüzdan, Starknet (STRK) işlemiyle dikkat çekti. Cüzdan sahibi, dün 24,42 milyon STRK için 3x kaldıraçlı long pozisyon açtı. Yaklaşık 2,9 milyon dolar değerindeki işlem, kısa sürede 1 milyon doların üzerinde gerçekleşmemiş kâra ulaştı.
Zincir üstü verileri paylaşan Lookonchain’e göre pozisyonun kârı 1,056 milyon dolar seviyesinde. Ancak bu tutar henüz kesinleşmiş kazanç değil; işlem açık kaldığı sürece STRK fiyatına bağlı olarak değişebilir.
STRK İşleminde 1 Milyon Doları Nasıl Kazandı? Paylaşılan işlem verilerine göre cüzdan, Hyperliquid üzerinde STRK için 3x kaldıraçlı long pozisyon açtı. İşlemde toplam 24,42 milyon STRK bulunuyor ve pozisyonun güncel değeri yaklaşık 2,91 milyon dolar.
Pozisyonun giriş fiyatı 0,07603 dolar olarak görünürken Starknet fiyatı 0,11929 dolara yükseldi. Token fiyatındaki bu hareket, kaldıraçlı pozisyondaki kârı da büyüttü.
Ekrandaki verilere göre işlem şu anda yaklaşık 1.056.440 dolar gerçekleşmemiş kâr taşıyor. Böylece yeni cüzdan, bir günden kısa sürede 1 milyon doları aşan bir kâra ulaşmış oldu.
Starknet Fiyatı Düşerse Ne Olur? Pozisyonun büyüklüğü kadar tasfiye seviyesi de dikkat çekiyor. İşlem ekranında STRK long pozisyonu için tasfiye fiyatı 0,064481 dolar olarak gösteriliyor.
3x kaldıraç, STRK yükseldiğinde getiriyi artırırken fiyat ters yönde hareket ettiğinde zararı da büyütebilir. Tasfiye fiyatına yaklaşılması halinde pozisyon zorunlu olarak kapatılma riskiyle karşılaşır.
Burada önemli ayrım, 1 milyon doları aşan tutarın gerçekleşmiş kâr değil, açık pozisyondaki kazanç olması. Cüzdan sahibi pozisyonu kapatmadığı sürece fiyat hareketleri bu tutarı değiştirebilir.
STRK işlemi, kısa sürede büyük kazanç sağlayan kaldıraçlı pozisyonların ne kadar hızlı büyüyebildiğini gösteriyor. Ancak pozisyonun açık kalması, mevcut kârın korunacağını garanti etmiyor.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
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Singapurský měnový úřad (MAS) zařadil Hyperliquid na seznam upozornění pro investory, protože decentralizovaná struktura platformy podle regulátora spadá mimo jeho dohled. Provozovatel platformy, Hyperliquid Labs, potvrdil, že je registrován v Singapuru a nemá licenci MAS.
Singapore has built a reputation as one of the friendlier places on earth for digital assets. That friendliness, it turns out, has limits.
The Monetary Authority of Singapore (MAS) has voiced serious concerns about decentralized crypto products. It is paying particular attention to highly leveraged perpetual futures platforms, and it has now named one of the biggest of them.
On June 26, 2026, MAS added Hyperliquid to its Investor Alert List. The platform is operated by Hyperliquid Labs, which is registered in Singapore.
What MAS actually flagged MAS uses its Investor Alert List to flag entities to the public. Hyperliquid landed there because of its decentralized structure, which the regulator considers to sit outside its oversight.
The regulator also pointed out that Hyperliquid is not regulated in any major jurisdiction.
Hyperliquid Labs has confirmed it is registered in Singapore. It has also stated that it is not licensed by MAS.
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Why perpetual futures are the pressure point Perpetual futures, or “perps,” are derivatives that let traders bet on an asset’s price without ever holding it. Unlike traditional futures, they have no expiry date, so positions can stay open indefinitely.
Consumer advocates have described leveraged perps platforms as “the most dangerous product in crypto.”
MAS has been careful to draw a line here. It distinguishes the institutional perpetual futures offered on SGX, Singapore’s exchange, from what Hyperliquid offers. The regulator’s message is that the product type alone is not the issue. Who is trading it, under what rules, and with what protections is what counts.
MAS has also stressed that crypto trading carries high risks for the general public.
The “techno-anarchism” problem A Bloomberg opinion piece captured the broader mood among regulators. It described growing apprehension about the “techno-anarchism” of recent crypto products.
The Hyperliquid case shows how awkward this gets in practice. A company is registered in Singapore, yet the product it is associated with operates in a way MAS says falls beyond its reach.
Singapore’s balancing act MAS continues to champion tokenization and institutional activity in the sector while focusing on curbing the risks that come from retail speculation.
Singapore’s framework requires digital token service providers serving overseas clients to obtain a license. Approvals under the 2025 regulations have been limited.
MAS Managing Director Chia Der Jiun has emphasized trust and risk management in recent remarks. He has highlighted the intersection of AI and digital asset trading as an area needing attention.
What this means for traders and platforms The most immediate effect is reputational. An investor alert from a respected regulator is not a ban, but it is the kind of label that compliance teams, banks and institutional partners tend to notice.
The research findings suggest MAS’s stance could signal a more cautious posture among global regulators. If so, similar decentralized perps platforms may face increased scrutiny elsewhere.
By separating SGX’s institutional perps from Hyperliquid’s offerings, MAS is effectively endorsing one model of leveraged trading while warning against another.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Společnost Strategy Inc. drží 848 000 BTC v hodnotě 70,48 miliardy USD a podle Michaela Saylora se připravuje na další nákup prostřednictvím alternativních zdrojů financování.
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Michael Saylor is back in action ahead of the new trading week in financial markets. On October 11, 2026, the head of Strategy Inc. posted a fresh treasury chart featuring 117 purchase dots and his favorite phrase: "There's always room for more orange."
The company officially controls 848,000 BTC worth a staggering $70.48 billion, accounting for 4.04% of all Bitcoin in existence. But the most interesting part remained behind the scenes: the post appeared just as the treasury was restructuring its financing strategy ahead of another purchase.
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The reason is that during the week of October 5–9, Saylor's main fundraising instrument, STRC preferred shares, fell below their $100 par value and remained stuck in the $99.43–$99.66 range.
There’s always room for more orange. https://t.co/hndZf0Acp7
— Michael Saylor (@saylor) October 11, 2026 At that point, the company's strict internal algorithm kicked in. When the security trades below par, the system automatically activates the "Buyback Zone."
Issuing new shares to purchase cryptocurrency is prohibited. Instead, the company must spend money buying back its own discounted securities to support their price. The result for the week through this channel was exactly 0.00 BTC.
Where Saylor gets the money to buy BitcoinSaylor does not say there is always room for more Bitcoin for no reason. The message is clear: a technical pause in one instrument will not stop the entire buying machine. The treasury has already learned to work around its own restrictions by relying on other credit lines, with the overall system totaling $12.69 billion.
While STRC was on the defensive, another class of securities, STRF, traded firmly above par at $103.98 and served as a source of liquidity. The latest targeted purchase of 334 BTC at $85,838 per coin demonstrated this clearly: the company has money even without STRC.
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The average purchase price across the company's entire portfolio currently stands at $75,436 per Bitcoin. With the current price above $83,000, Saylor is sitting on a solid profit. The market values the company's net assets at a slight discount, with mNAV Basic at 0.92x, but forced share buybacks offset this.
Saylor's latest post signals that alternative channels are operational, funds have been accumulated, and the company is theoretically fully prepared for the next wave of purchases.
Liquid Network obnovila provoz, ale výběry L-BTC za BTC zůstávají pozastavené, dokud rezerva nebude plně krýt všechny L-BTC v oběhu a nebudou dokončeny bezpečnostní kontroly.
The Liquid Network is running again, but nobody can cash out. Peg-outs, the process of turning Liquid Bitcoin (L-BTC) back into real Bitcoin, remain suspended while the sidechain’s reserve sits about 603 BTC short, according to The Defiant.
Liquid says redemptions will not return until the reserve fully backs every L-BTC in circulation and its security reviews are complete.
How a software bug drained the reserve The trouble began on September 6, 2026. A bug in Elements, the software that powers Liquid, allowed someone to create and redeem L-BTC without authorization.
Approximately 3,996 to 4,000 BTC left the federation reserve. That haul was valued at around $320 million at the time.
The federation reserve had held roughly 4,205 BTC before the exploit. At the worst point of the crisis, it was down to just 197 BTC.
White-hat actors returned roughly 3,400 BTC by September 7, about a day after the drain.
That recovery still left between 598 and 603 BTC unreturned. Around mid-September, the reserve was reportedly covering about 86% of outstanding L-BTC supply.
The signing keys held by federation members were not compromised. Neither was SideSwap’s Peg-out Authorization Key.
What is working and what is not Liquid restarted normal block production and user transactions on September 10, 2026. People can send and receive L-BTC inside the network again.
As of October 11, 2026, peg-outs remain on hold. Liquid has tied a restart to several conditions.
Full restoration of 1:1 BTC backing for L-BTC Upgrades to the Elements software Completed security audits Changes to key management, notably a move to cold storage Blockstream CEO Adam Back has assured stakeholders that the 1:1 peg will ultimately be covered. No specific date for resuming redemptions appears in the available reporting.
Other assets issued on Liquid escaped the damage. USDT and tokenized real-world assets on the network were not disrupted and have returned to normal operations.
Background: what a federated sidechain actually is Liquid is a Bitcoin sidechain managed by Blockstream. Users lock BTC with a federation, a group of members who jointly control the reserve through multisig. In return, they receive L-BTC, which is meant to be redeemable one-for-one for the Bitcoin held in that reserve.
The arrangement is called a two-way peg. Bitcoin goes in, L-BTC comes out, and the reverse should work just as smoothly.
That design depends on two things holding firm: the integrity of the multisig reserve and the reliability of the software enforcing the peg. In September, the second one failed.
What this means for L-BTC holders and the sidechain model For anyone holding L-BTC, the immediate issue is liquidity. A token that cannot be redeemed for its underlying asset behaves differently from one that can, even if the issuer promises full repayment.
The 86% coverage figure frames the risk. Most of the backing is there, but the gap is real, and closing it depends on the shortfall being filled through means the reporting does not specify.
Liquid’s insistence on full backing before reopening redemptions is the cautious path. Restarting peg-outs at 86% coverage could invite a rush for the exits, leaving the last redeemers with nothing to claim.
The planned move toward cold storage also signals a shift in operational priorities.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
BTC traded close to $83,000 on October 11, experiencing significant swings during the previous week after falling back from above $87,000. Although Bitcoin has rebounded from lows near $80,000, analysts continue to highlight considerable resistance ahead.
Sell Walls Emerge, Restraining Price GrowthCrypto trader BATMAN stated on October 10 that Bitcoin is facing over $35 million in sell orders situated between $85,000 and $89,000. He marked $85,000 as the first major barrier for the cryptocurrency, noting that buyers would need to absorb this volume for any sustained move higher.
BATMAN pointed to $85,000 as the primary obstacle, citing the large cluster of sell orders above current levels and warning that these needed to be broken down before further gains.
A sell wall forms when several large limit sell orders accumulate above the current price, presenting pronounced resistance in the market. However, such orders may be canceled or shifted, so the presence of $35 million in sell orders does not guarantee that the entire amount will come to market.
Bitcoin has repeatedly struggled to build momentum above $85,000. Research firm QCP Capital, known for its institutional market analysis, earlier identified $87,400 as a key breakout level, suggesting that a decisive move above it could set the stage for an advance toward $90,000.
Mini dictionary: QCP Capital, a Singapore-based digital asset trading and research firm that provides market analysis and manages institutional flows in cryptocurrencies.
Price LevelSell Orders/ResistanceBreakout Target$85,000First major sell wallNone$87,000-$89,000$35 million in clustered orders$90,000 if brokenGlassnode Flags Weak Trading ActivityGlassnode, a leading blockchain analytics provider, issued a report on October 7 underlining concerns with Bitcoin’s current price structure. The firm observed that trading volumes have been notably low despite the latest price rebound, indicating insufficient new capital entering the market.
The analysis also detected renewed selling activity just above $85,000, along with substantial buying near $81,000. Together, these levels suggest Bitcoin is caught within a defined trading range, with sellers at the top and buyers stepping in at the lower end.
Glassnode noted unusually weak spot volumes during the rally, as well as heavy selling on moves above $85,000, signaling limited conviction among buyers.
Institutional flows have also displayed inconsistency. On October 8, U.S. spot Bitcoin exchange-traded funds saw outflows totaling about $244 million, reflecting heightened caution or profit-taking by fund investors.
Given the current resistance and subdued demand, breaking through the upper range may remain challenging until institutional buying or spot demand increases meaningfully.
XRP Ledger může 23. října 2026 aktivovat balíček oprav fixCleanup3_4_0, pokud podpora ze strany validátorů zůstane nad 80 %. V současnosti jej podporuje 26 z 32 validátorů.
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The XRP Ledger eyes crucial fixes and improvements over the next few days. According to XRPScan data, fixCleanup3_4_0 began its two-week activation window on October 5, 2026, with the earliest activation date being 9:34 AM UTC on October 23, 2026.
Validator support for the fixCleanup3_4_0 amendment must stay above 80% for it to launch. If it slips to 80% or lower even once, the amendment is rejected and the 14-day timer starts over.
This fixCleanup3_4_0 amendment is a collection of fixes for Single Asset Vaults, the Lending Protocol, Automated Market Makers, the permissioned DEX, trust lines, NFTs, MPTs, Escrow, Sponsorship, transaction signing, and permission delegation.
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FixCleanup3_4_0, which bundles amendment-gated fixes, was shipped in Version 3.4.0 of xrpld, the reference server implementation of the XRP Ledger protocol, and entered voting on September 17, 2026. The amendment has 81.25% consensus, with 26 out of 32 validators having voted for it.
The Permission Delegation and Batch amendments went live as a key milestone in the past week. The fixCleanup3_4_0 amendment is essential for Permission Delegation, as until it is enabled, users would not be able to delegate the PaymentBurn granular permission. Before the fix, a delegate with the PaymentBurn granular permission could also mint new fungible tokens (trust line tokens or MPTs) in certain circumstances. Other granular permissions are unaffected.
Wide-ranging protocol fixes anticipatedThis fixCleanup3_4_0 amendment is a collection of fixes: it excludes deleted domain offers from the Permissioned DEX invariant, so replacing an offer in one domain with an offer in another no longer triggers a violation.
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The fix prevents 'AMMClawback' from silently recovering zero when integer MPT rounding floors the amount, instead of burning the holder's LP tokens for nothing, and allows AMMClawback to bypass the owner-reserve check when it must auto-create the paired asset holding, so a compliance clawback is not blocked or vetoed by reserve requirements.
The fix rejects fake-XRP NFT offer amounts, exempts an IOU issuer from their own global freeze when creating an NFToken offer denominated in their own currency, and tightens permissioned DEX domain checks. It also recycles the escrow owner reserve in EscrowCancel and EscrowFinish, so returning IOUs to an owner at the reserve boundary no longer fails. It adds precision and rounding fixes across VaultDeposit, VaultWithdraw, and VaultClawback, so a vault's tracked total assets, available assets, and share supply stay consistent.
The fix refines freeze, authorization, credential, and destination handling for Single Asset Vaults and the Lending Protocol; for example, exempting loan defaults from asset freeze, refusing pseudo-accounts where they cannot participate, and validating permissioned-domain withdrawal destinations and rejecting 'PaymentBurn' payments that cross a zero balance.
Starknet's native token $STRK surged over 100% on the week after the Ethereum Layer 2 announced it is actively considering a move to become an independent Layer 1 blockchain, with a 2027 quantum-resistance target.
@Starknet's native token $STRK has surged more than 107% over the past week, making it one of the standout performers in the crypto market. The catalyst: a statement from the @Starknet team saying it is actively weighing a transition from an Ethereum Layer 2 network into a fully independent Layer 1 blockchain.
The Announcement That Moved Markets The announcement came on October 8, 2026, when Starknet said on its official account: The statement was enough to send $STRK to its highest level in nine months.
It is worth noting that no final decision has been made.
What It Could Mean for the Broader L2 Ecosystem The market reaction has been striking enough to raise a broader question: could other @Ethereum L2 projects follow suit? The momentum around $STRK suggests investor appetite for L2 networks that signal a path toward greater protocol independence.
Traders should also keep an eye on near-term supply dynamics. Whether strong trading volumes can absorb that additional supply will be a key test of whether the rally has real staying power.
Sources:
STRK Token Outperforms Bitcoin to Hit 9-Month High, Yahoo Finance
STRK rallies as Starknet weighs a move from Ethereum layer 2 to its own layer 1, Crypto Briefing
STRK Price Rises as Starknet Targets Quantum-Resistant L1 by 2027, Crypto Times
Evernorth očekává zahájení obchodování na burze Nasdaq pod tickerem XRPN; drží přibližně 473 milionů XRP a před náklady získala zhruba 300 milionů USD v hotovosti.
XRP price hovered near $1.40 on Sunday, with a potential bullish move in focus before Evernorth’s expected Nasdaq debut.
Bitcoin traded above $83,000, while Ethereum price held near $2,500 and cryptocurrency market capitalization totaled $2.81 trillion. Evernorth expects its shares to start trading Monday under XRPN, following an earlier administrative delay.
XRPN Set to Bring Evernorth’s XRP Treasury to Public Markets The XRP treasury company Evernorth expects to begin Nasdaq trading Monday, October 12, under the ticker XRPN. The company confirmed its merger with Armada Acquisition Corp. II closed on October 9.
Evernorth reported holdings of approximately 473 million XRP and roughly $300 million in gross cash proceeds before transaction expenses. The listing offers investors exposure to XRP through company shares available in brokerage accounts.
🚨 TOMORROW IS A HUGE DAY FOR AS $XRP HITS THE NASDAQ!
Evernorth will officially begin trading on the Nasdaq under $XRPN, bringing a massive treasury of 473 MILLION $XRP and $300 MILLION in cash to public markets!
The largest publicly traded XRP treasury is arriving on Wall Street. Institutional adoption is accelerating! 🔥
— ALLINCRYPTO (@RealAllinCrypto) October 11, 2026
Chief executive Asheesh Birla said Evernorth plans to fund infrastructure and applications supporting wider XRP use. The company also aims to increase XRP holdings per share through its treasury strategies.
Its investors include Ripple, SBI Group, Pantera Capital, Kraken and GSR, which participated in the financing. Evernorth expects to ring Nasdaq’s closing bell on October 14.
XRP Price Eyes $1.50 as MACD Signals Early Momentum Recovery The XRP price traded at $1.4160 on October 11, with its latest four-hour candle down 0.66%. The XRP price remained above the $1.40 support after recovering from the sharp decline recorded earlier this week.
The price of XRP faced initial resistance at $1.45, where a sustained four-hour close above that level could support further gains. A successful breakout would bring $1.50 into focus, matching another resistance level marked in the source
If XRP price reclaimed $1.50 and maintained momentum, the next potential target would be the previous trading region near $1.60.
Source: XRP/USDT 4-hour chart: TradingView The MACD line stood at -0.0089, above its -0.0146 signal line, while the histogram remained positive at 0.0057. The Chaikin Money Flow measured 0.03, slightly above zero, suggesting modest accumulation during the indicator’s 20-period window.
On the downside, a sustained move below $1.40 would weaken the recovery and expose the recent lows.
XRP ETFs See No Net Inflows as Trading Hits $26.33 Million The five XRP spot ETFs reported zero net flows on October 9, according to SoSoValue data. Total net assets stood at $1.57 billion, equivalent to 1.80% of XRP’s market capitalization.
Source: Sosovalue data Trading volume totaled $26.33 million, while net inflows since launch stood at $1.80 billion. Bitwise led with $581.33 million in assets, followed by Franklin’s $413.96 million and Canary’s $339.78 million.
XRP Options Volume Surges as Derivatives Activity Picks Up The XRP derivatives market experienced more trading, with a volume of 3.71% to $1.51 billion. There was a 0.37% decline in open interest to $3.08 billion with only a little less exposure in open positions of the derivatives.
Source: Coinglass data There was a significant rise in options trading, with options volume up 302.85% to $6.90 million. The available interest increased 2.35%. to 66.04 million, and this is on top of the substantial growth in volume of options.
Na ověřeném účtu Coldcard na síti X se objevil phishingový odkaz; firma vyšetřuje prolomení účtu. S útokem na uživatele Coldcard souvisí krádež bitcoinů v hodnotě nejméně 100 milionů USD ze 7 300 peněženek.
Coldcard, a company specializing in Bitcoin-only hardware wallets, reported that a phishing link appeared on its official X account on Sunday. The incident raised concerns given Coldcard’s longtime emphasis on security, including its use of offline two-factor authentication and tightly controlled account access procedures since 2017.
Account breach under investigationColdcard stated that it is currently investigating how the phishing link was posted from its verified X account. The post has now been removed. While the investigation is ongoing, the company emphasized that its only official website remains coldcard.com and warned users not to visit or engage with any other links that may appear to be from the company.
In response to the breach, Coldcard has reached out to X support and is conducting a comprehensive review of all account access records. The company has committed to sharing any further verified updates as they become available.
Users should avoid interacting with unauthorized links, and Coldcard’s only official online presence is at their website. The company is in contact with X and is auditing account access to ensure enhanced security.
The apparent compromise of a high-profile account with advanced authentication measures highlighted the ongoing vulnerability even among security-focused entities within the cryptocurrency sector. Coldcard reiterated that user vigilance is essential, particularly as cyber threats become increasingly sophisticated.
Impact of July exploits and market responseJuly 2026 became the second-worst month for cryptocurrency thefts this year, primarily due to a significant exploit targeting Coldcard users. According to data from DefiLlama, hackers made off with $247.4 million in digital assets during the month, behind only the $644 million stolen in April.
Galaxy Digital reported that the Coldcard-related attack accounted for the largest share, with at least $100 million in Bitcoin stolen from 7,300 wallets across three confirmed waves of attack. The company has also pointed to a suspected fourth wave of activity that could increase total losses to approximately $130 million.
DefiLlama’s hack tracker estimated the amount tied specifically to the Coldcard exploit at $115 million. The discrepancy in reported totals reflects ongoing efforts by security firms and blockchain analytics groups to precisely determine the scope of the theft.
The recurring losses underscore the persistent risk of phishing and account breaches, even for companies prioritizing robust security measures. As investigations continue, Coldcard pledged transparency with its community and ongoing audits to prevent further incidents.
Meme token market trends and risk monitoringAmid heightened security concerns, experts have noted the importance of carefully monitoring both technical transactions and market trends, especially as meme tokens attract massive attention. In the meme token market, an internet trend can transform into millions of dollars of interest within days. According to data shared by Fomo App, a trade involving “Niu Lai”—which turned an initial $99 investment into approximately $370,000, stands out as a striking example of this activity. In this market, tracking not only prices but also the timing and token choices of investors is crucial. Fomo App brings token discovery and trading together on a single platform, featuring social feeds, investor rankings, and trade notifications. Discover Fomo App to follow the world of meme tokens alongside investor activity.
The ongoing investigation and recent losses have spurred renewed calls for heightened awareness among crypto investors and service providers alike.
Spot Chainlink ETFs pulled in a record $9.48 million on October 9, their single best inflow day ever, pushing collective holdings to 2.35% of the total LINK supply.
Record Single-Day Inflow for Spot LINK ETFsSpot @Chainlink ETFs logged their biggest single day of investor inflows on record on October 9, absorbing $9.48 million in fresh capital.
That rapid jump in a single session underlines the growing appetite among institutional investors for regulated exposure to $LINK.
ETFs Now Hold 2.35% of LINK's Total SupplyThe record inflow adds to a broader trend of steady accumulation by spot ETF products since they launched. Collectively, the funds now hold 2.35% of $LINK's entire circulating supply, according to @BSCNews.
The context matters too.
That fixed cap means continued ETF accumulation steadily tightens the available float, a dynamic that institutional flow watchers have begun to flag.
The October 9 inflow stands as the clearest single-day signal yet that demand for regulated $LINK exposure is picking up pace, even as broader crypto markets remain unsettled.
Sources:
CryptoTicker: Chainlink Fund Inflow Analysis, October 2026
CoinGape: First Chainlink ETF Sees $41M in Inflows on Launch
CoinMarketCap: Chainlink (LINK) Price and Supply Data
Velký investor po 34% poklesu v posledních dnech během dvou dnů nakoupil Zcash za 32 mil. USD a zdvojnásobil svou držbu na 54 400 ZEC v hodnotě 66,75 mil. USD.
A whale investor has doubled Zcash holdings in the past two days to $66.75M. According to Arkham data, the large investor (address t1ZLg) bought $21.8M and $10.2M ZEC across Binance and Kraken, respectively, over the weekend.
This effectively doubled the investor’s ZEC holdings from 24K to 54.4K (worth $66.75M) in two days. On-chain data revealed that the address began aggressive ZEC accumulation in mid-September.
Source: Arkham The whale activity slowed for a while around 22nd-26th September but picked up aggressively at the end of the month. The activity slowdown coincided with the ZEC price peak near $1700.
But the whale’s subsequent steady bids throughout October showed he was grabbing the ZEC’s discounted window as the price dropped by 34% in the past few days. This raises the question: Is there broader whale bidding to trigger ZEC price recovery?
Zcash: Are other whales also buying the ZEC dip? Surprisingly, most whales were not bullish on ZEC, at least as of press time. According to CryptoQuant, the recent pullback was attracting ‘normal’ spot order sizes (grey bubble maps).
Source: CryptoQuant In most cases, big whale orders (denoted by green bubble maps) tend to coincide with easing pullbacks or triggering strong rebounds. This happened in March, August, and September.
However, during the recent pullback, the indicator didn’t flag many big whale orders. As such, this could reduce the chances of a strong rebound or ZEC defending the $1000 support level.
A similar picture was painted across the Futures market. According to Nansen, whale interest dropped by 14% in the past seven days across Hyperliquid’s derivatives market. However, smart money traders were up 134%.
This indicates that some sophisticated players still view the recent discount window as a buying opportunity, like the whale that bought ZEC across Binance and Kraken.
Source: Nansen But the Net Position Change was not green to underscore an overall bullish leaning. In other words, broader whale positioning was still somewhat cautious across the spot and derivatives market.
Spot ZEC ETF extends weekly outflows And this cautious positioning is understandable ahead of this week’s U.S. inflation data (CPI), which could trigger another macro volatility and increase liquidation risks.
In fact, even institutional investors have been in a risk-off mode since late September, as illustrated by two consecutive weeks of outflows from U.S. ZEC ETFs ($124M net outflows).
Source: SoSo Value As such, the $1,100 and $1000 support levels could be retested or cracked if the bearish pressure deepens in the coming days.
Overall, the recent 34% pullback seems like a great buying opportunity. However, the upcoming macro volatility still has whales and institutional investors on edge.
Source: ZEC/USDT, TradingView Final Summary Zcash whale doubled its ZEC holdings to $66.75M after buying the recent dip Broader whale activity was weak, and spot ZEC ETF outflows hit $123M amid macro uncertainty
SushiSwap nasadil token $HYPE od Hyperliquid na Robinhood Chain prostřednictvím LayerZero. Aktivum je na této síti poprvé dostupné k obchodování a poskytování likvidity.
SushiSwap has deployed Hyperliquid's $HYPE token on Robinhood Chain for the first time, using LayerZero for cross-chain bridging as part of its broader multichain expansion strategy.
SushiSwap Bridges $HYPE to Robinhood Chain via LayerZero@SushiSwap has deployed @HyperliquidX's $HYPE token on @RobinhoodCrypto Chain, marking the first time the asset has been available for trading on the network. The integration was made possible through @LayerZero_Core, which serves as the cross-chain bridging layer connecting $HYPE to the growing Robinhood Chain ecosystem.
The partnership with @LayerZero_Core allows users to buy, trade, provide liquidity, and launch tokens using $HYPE directly on the chain. The move adds a notable DeFi-native asset to a network that has quickly become one of the more closely watched Layer 2 launches of 2026.
What Is Robinhood Chain? Robinhood Chain is an Ethereum L2 for tokenized stocks and real-world assets, built on Arbitrum Orbit. It launched a public testnet on February 10, 2026, and went live on mainnet on July 1, 2026. Tokens that track stocks like NVDA and AAPL trade 24/7 on-chain as Stock Tokens, settle in seconds, and plug directly into DeFi.
SushiSwap's presence on the chain is already well established. All new token launches on Robinhood Chain via RevShare now route exclusively to SushiSwap V3. The addition of $HYPE signals that $SUSHI intends to go further, bringing established DeFi-native assets onto the platform rather than limiting its role to new token issuance.
The launch forms part of SushiSwap's broader multichain strategy , and the team is expected to bring additional assets to Robinhood Chain in the coming months. For $HYPE, the listing represents its first footprint on the L2, opening up a new venue for traders and liquidity providers who are active on the network.
The LayerZero ecosystem includes DeFi projects such as SushiSwap, and these projects use LayerZero to overcome multichain challenges such as liquidity fragmentation. That infrastructure is central to this integration, enabling $HYPE to move across chains without requiring a new native deployment from scratch.
Sources:
TokenPost: SushiSwap Launches HYPE Trading and Liquidity on Robinhood Chain
Coinfomania: $HYPE Goes Live on Robinhood Chain
Dwellir: What Is Robinhood Chain?
Uniswap has surpassed $6 billion in cumulative protocol fees, with nearly $147 million generated in the past 30 days alone, underscoring its dominance as the leading decentralized exchange.
@Uniswap has crossed a significant milestone, surpassing $6 billion in cumulative protocol fees. According to on-chain data, the decentralized exchange has now generated $6.07 billion in total fees since its launch, cementing its position as the dominant force in decentralized trading.
Fee Surge Fuelled by Multi-Chain Expansion The milestone has been driven in large part by a sharp rise in recent activity. $UNI generated close to $147 million in fees over the past 30 days alone, reflecting a period of sustained trading momentum across the protocol.
Much of that surge can be tied to Uniswap's expanding multi-chain footprint. More recently, Robinhood Chain has become a notable driver of volume.
Fee Switch Adds a New Economic Layer for $UNI Holders Beyond the raw fee figures, a structural shift is underway in how those fees flow.
For a protocol that has quietly processed trillions of dollars in trading volume, the $6 billion fee milestone is less a finishing line than a marker of how deeply embedded @Uniswap has become in on-chain finance.
Sources:
DefiLlama: Uniswap TVL, Fees, Revenue and Volume
CoinLaw: Uniswap Statistics 2026
Crypto Briefing: Uniswap Generates Nearly $23M in Protocol Revenue After Fee Switch Activation
Securitize spustila na Solaně tokeny navázané na 12 amerických akcií, kryté v poměru 1:1. Držitelé mají nárok na podkladový cenný papír, nikoli automaticky na přímý zápis do seznamu akcionářů.
11 October 2026 | 16:57 A token in a wallet can track Apple or Nvidia one-for-one while the company’s official shareholder register carries a different name. Securitize’s new stock tokens place both parts of that arrangement in view.
Key Takeaways Securitize launched tokenized security entitlements for 12 U.S. stocks on Solana. The company says each token is backed 1:1 by an underlying share. Holders own a security entitlement through Securitize Markets. Dividends and applicable voting rights are designed to pass through that structure. Direct registration depends on a later issuer and transfer-agent process. The words behind Securitize’s new stock tokens On October 8, Securitize launched Securitize Stocks, a Solana-based offering tied to 12 U.S. equities, including Apple, Microsoft, Nvidia, Alphabet, Tesla, Amazon and Netflix. Trading begins through the company’s registered broker-dealer platform for eligible users in permitted jurisdictions, with settlement in USDC.
The significant detail sits in the product’s legal description. Securitize Stocks are security entitlements backed one-for-one by the relevant underlying shares. The company’s disclosure says that holders are not registered shareholders of Apple, Nvidia or the other issuers unless they complete a supported conversion process.
That does not reduce the token to a simple price bet. Securitize says the entitlement is structured to preserve the applicable economic benefits of the underlying security, including dividends and, where the share class carries them, voting rights. It does, however, define the route through which those benefits reach the investor.
Layer one
The token in the wallet
The investor controls a blockchain-issued instrument, subject to the product’s transfer, eligibility and compliance terms.
Layer two
The security entitlement
Securitize Markets maintains the legal claim linking the holder to the underlying stock position and its stated rights.
Layer three
The issuer’s share record
The underlying company’s transfer agent does not automatically record the token holder as a shareholder in the investor’s own name.
The entitlement links the wallet to the share A security entitlement is a familiar part of the U.S. securities system. Many conventional investors also hold shares through a broker or custodian instead of appearing directly on a company’s register. Their economic position depends on a recognised claim maintained through that intermediary.
Securitize applies that model to a blockchain token. The token can move through an onchain environment, while the broker-dealer and related market infrastructure maintain the link to the supporting share. The product therefore combines a wallet-based instrument with the legal framework that normally sits behind a brokerage position.
That arrangement gives the holder more than exposure to a price chart, but it also means the investor should read the entitlement terms as closely as the token’s backing claim. A one-for-one reserve answers one question: whether a corresponding share supports the token. It does not answer every question about corporate actions, transfer restrictions or the investor’s status on the issuer’s books.
Dividends and votes travel through the same structure Securitize says its stock tokens carry applicable economic benefits, including dividends and voting rights where the underlying share class provides them. Those benefits pass through the entitlement structure rather than arising from a wallet address appearing directly on an issuer’s shareholder list.
That becomes relevant whenever the underlying company takes an action beyond ordinary trading. Stock splits, cash or stock dividends, tender offers, mergers, delistings and trading halts all require an operational process. The token holder needs to know who receives the corporate-action notice, how instructions are collected, and how the resulting cash, shares or voting rights are delivered.
These are not unusual concerns created by blockchain. They exist across conventional broker-held securities as well. Tokenization adds another record—the token on the blockchain—which makes it easier for buyers to assume that wallet control alone settles every ownership question.
A wallet key controls the token, not the whole system Private-key control and shareholder registration describe different parts of the same investment. A private key can establish control over a token where the product permits wallet transfers. It cannot, on its own, replace the broker-dealer, custodian, clearing arrangements or transfer agent that support the underlying security.
Securitize’s release places those institutions inside the product’s design. Trading remains subject to onboarding, KYC and AML checks, securities laws and jurisdictional eligibility. The offering is therefore built for regulated securities markets, even though the investor-facing position can sit on Solana.
The company also describes future venues connected to the New York Stock Exchange and OKXICE, where wider trading hours and self-custody are among the intended features. Those venues have not launched, and their operation remains subject to regulatory and operational conditions. They should be treated as part of Securitize’s wider plan rather than as features available to every holder today.
Conversion is possible only under specific conditions Securitize calls its design a convertible entitlement token, or CET. The term matters because it describes a possible route from an intermediary-held entitlement to direct ownership recorded on an issuer’s transfer-agent books.
That route requires the underlying company to adopt issuer-sponsored tokenization and make the relevant transfer-agent process available. Until then, the investor holds the security entitlement described in Securitize’s documentation. Buying a token linked to Apple or Tesla does not create an automatic right to demand direct registration immediately.
Two products carrying the same ticker can therefore give their holders very different rights. A token may track a share price through a derivative, represent a certificate backed by stock, provide a security entitlement, or be issued directly by the company as its own share record. The ticker tells readers which company the token references; the legal terms explain what the investor owns.
That is why disclosure has become central to tokenized securities. The developing U.S. debate is increasingly focused on whether a blockchain balance represents direct ownership, a security entitlement or a separate contractual claim, as seen in the discussion around tokenized-stock investor rights and ownership disclosures.
Before buying a tokenized stock, check this The ticker is only the start of the due diligence.
Read the legal description. Confirm whether the token is a direct share, an entitlement, a certificate or a derivative. Identify the institutions behind it. The broker-dealer, custodian and transfer agent determine how the underlying position is maintained. Check corporate-action procedures. Product terms should explain how dividends, votes, mergers and stock splits reach the holder. Confirm conversion rights today. A future pathway to direct registration differs from a currently available conversion process. Review failure and transfer risks. Read the provisions on custody, insolvency, redemption, smart contracts, liquidity and restricted transfers. The token tells only part of the ownership story Securitize’s launch gives tokenized equities a stronger legal structure than a product designed only to mimic a stock price. One-for-one backing and a defined security entitlement can connect an onchain position to dividends, voting rights and established securities-market infrastructure.
The investor’s wallet still represents only one link in that chain. Before treating a tokenized stock as equivalent to a conventional share, buyers should identify the claim behind it, the institutions responsible for honouring it, and whether direct registration is available under the product’s current terms.
This article is provided for informational purposes only and does not constitute investment, legal or tax advice. Tokenized securities may involve market, liquidity, custody, counterparty, smart-contract and regulatory risks. Investors should review the applicable product disclosures before investing.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded significant outflows this month, marking a notable shift in sentiment among crypto investors. Data from Decrypt’s ETF tracker shows these funds faced back-to-back redemptions, including a $484.9 million exit on Wednesday, their steepest daily withdrawal since June.
Bitcoin ETFs reverse course in OctoberDespite a brief recovery with $21.1 million in inflows on Friday, U.S. spot Bitcoin ETFs finished the first seven trading days of October with a net outflow of $386.3 million. The modest gain failed to compensate for large withdrawals earlier in the week, particularly following Wednesday’s sizable exit and an additional $244.1 million lost on Thursday.
Bitcoin ETFs provide a way for investors to participate in the digital asset market without directly holding cryptocurrencies or managing private wallets. The products mirror the price of Bitcoin and are traded on regular brokerage platforms, attracting both institutional and retail investors since their debut.
October began on a positive note, as the ETFs attracted a combined $292.6 million on the first two days. Another $118.8 million flowed in on October 6. However, these early inflows were overshadowed by the subsequent downturn, erasing previous gains for the month.
ETFOctober Net FlowsLargest Single-Day OutflowCumulative Net InflowsTotal Net AssetsBitcoin-$386.3 million-$484.9 million (Wed.)$57.6 billion$100.6 billionEthereum-$635 million-$201.9 million (Oct. 6)$13.2 billion$14.5 billionSolana-$24.8 million-$3.8 million (Fri.)$137.9 millionNot disclosedETF flows reflect shifting investor sentimentAfter a strong September, the landscape changed abruptly. In mid-September, following the U.S. Senate’s failed cloture vote on the Clarity Act, Bitcoin ETFs experienced a series of outflows. However, they quickly rebounded with nine straight sessions of inflows totaling roughly $3 billion, which returned year-to-date figures into positive territory for 2026.
Flows in and out of crypto ETFs have become a reliable gauge of market sentiment, as they reflect the willingness of investors to take on or shed digital asset exposure through regulated investment vehicles.
However, the reversal so far in October suggests caution and profit-taking may be returning to the market as uncertainty persists around regulatory and macroeconomic developments.
Ethereum and Solana ETFs deepen lossesEthereum ETFs have recorded a more severe downturn. The funds posted a $56.1 million outflow on Friday, extending their loss streak to nine consecutive trading days in October. During this period, cumulative withdrawals reached nearly $700 million, with the largest single-day loss of $201.9 million taking place on October 6. Despite these losses, Ethereum ETFs still hold $14.5 billion in total net assets and have attracted $13.2 billion in net inflows since their introduction.
Solana ETFs also faced negative flows this month, though on a much smaller scale compared to Bitcoin and Ethereum. Outflows for Solana ETFs totaled $3.8 million on Friday, the fifth straight day of net redemptions. The funds’ only inflow for October, $1.3 million, occurred on October 2. Overall, Solana ETFs have lost $24.8 million so far this month, while cumulative net inflows since launch stand at $137.9 million.
Solana, a blockchain known for its fast transaction speeds and lower fees compared to some other networks, continues to attract investor attention through ETF products, but recent flow data suggests more caution among holders.
Bitcoin ETFs, despite recent negative momentum, remain the largest by net inflow at $57.6 billion since launch and currently manage $100.6 billion in assets.
Mini dictionary: Cloture vote — A cloture vote is a procedure used in the U.S. Senate to end debate on a legislative issue and bring it to a final vote. Reaching cloture usually requires a supermajority, which can be a significant hurdle for passing contentious bills.
Shiba Inu's $SHIB memecoin is closing in on the 1.7 million Ethereum holder milestone, with its real-world holder base likely far larger once multichain addresses on Solana and Shibarium are included.
@Shibtoken's $SHIB memecoin is on the cusp of a significant community milestone. According to @etherscan, the token currently counts 1,698,001 holder addresses on Ethereum, putting it fewer than 2,000 wallets away from the 1.7 million mark.
Steady Growth Through September and October The climb to this level has been methodical rather than explosive. That pace continued into October, with
The steady accumulation is notable because it has come against a backdrop of subdued price action. For many observers, the persistence of wallet growth during quieter price periods is itself a signal of durable community interest.
It is worth noting a caveat on the numbers.
The Multichain Picture Makes 1.7M Look Conservative The Etherscan figure captures only Ethereum-native holdings. When other networks are factored in, $SHIB's true reach is considerably broader.
The token's footprint expanded further still in early October.
Taken together, the Ethereum count approaching 1.7 million is as much a floor as a ceiling. Once Shibarium and @Solana addresses are included, $SHIB's combined holder base already sits well above that figure, illustrating just how far the memecoin's reach now extends beyond its original chain.
Sources:
U.Today: 1,693,365 SHIB On-Chain Holders Reached
CoinTurk: Shiba Inu Surpasses 1.8 Million Holders Across Ethereum and Shibarium
CryptoNews: Shiba Inu Trading Volume Soars 171% After Launch on Solana
Injective [INJ] gained 10% in the early hours of the 10th of October as bullish trading activity picked up.
Perpetual buying pressure and spot exchange outflows supported the outlook, with traders showing renewed interest in the asset.
Alongside those moves, Injective’s updated white paper and ongoing exchange-traded fund (ETF) applications offered potential catalysts.
Are INJ buyers taking the lead? Across exchanges, INJ’s Taker Buy/Sell Ratio reached 1.14 over the preceding four hours. A reading above 1 indicates that taker buying volume exceeded taker selling volume, pointing to stronger aggressive buying.
However, the ratio measures executed trading volume rather than the number of outstanding long and short positions.
Source: CoinGlass The exchange breakdown showed buying accounted for more than half of recorded volume on several major venues. These included Binance, Bybit, Gate, BingX, Bitunix, and Hyperliquid.
Source: CoinGlass That supported the bullish reading across multiple platforms. The next question is how much exposure traders added alongside those purchases.
Is INJ’s rising exposure supporting the rally? INJ’s OI-Weighted Funding Rate stood at a positive 0.0160%, indicating that longs were paying shorts. That reading supported a bullish positioning bias, without establishing that long positions outnumbered shorts.
Meanwhile, Open Interest increased by $34.88 million to $164.24 million over 24 hours, showing a larger pool of outstanding contracts.
Source: CoinGlass Spot exchange flows offered another supportive signal. Cumulative Spot Netflow reached approximately -$1.6 million over five days. At press time on the 11th of October, Spot Netflow stood at -$311,000, the largest net outflow since the 9th.
Source: CoinGlass Negative Netflows meant more INJ left exchanges than entered them. Those withdrawals could suggest holders were moving tokens into custody, potentially reducing readily available exchange supply.
Still, exchange withdrawals alone cannot confirm fresh purchases. Together, the readings supported the bullish outlook while leaving buyers’ intentions partly open.
Can Injective’s developments sustain investor interest? Beyond trading activity, Injective published an updated white paper outlining its finance-focused development plans. Its regulatory work included publication of an INJ white paper under Europe’s Markets in Crypto-Assets Regulation (MiCA).
That process was separate from U.S. Securities and Exchange Commission (SEC) oversight, rather than a regulatory channel between the two.
Meanwhile, 21Shares and Canary pursued INJ ETF applications, offering another potential source of investor interest.
Injective CEO Eric Chen had suggested a launch could come before 2027, although that remained his expectation. Overall, these developments could help sustain interest. Further upside would still depend on demand holding beyond the initial rally.
Final Summary INJ gained 10%, while stronger taker buying, positive Funding Rates, and rising Open Interest supported bullish positioning. Exchange outflows and ongoing ETF applications added support, although withdrawals alone did not confirm fresh buying.
Conflux (CFX) vzrostl přibližně o 28 % poté, co Čína oznámila plán na vybudování celostátní blockchainové sítě. Dokument nezmiňuje žádnou změnu omezení obchodování s kryptoměnami.
Following the Chinese government’s announcement of plans to establish a new blockchain network nationwide, Conflux (CFX), a Chinese-linked cryptocurrency project, experienced a sharp rise. The altcoin’s price increased by approximately 28%, and the volatility in trading volume was also noteworthy.
A policy document released on October 9 by the Central Committee of the Communist Party of China and the State Council outlines the goals of establishing a national blockchain network and a nationwide integrated computing power network.
Under the new plan, China aims to more comprehensively integrate blockchain technology into its national digital infrastructure. Data sharing, coordination of computing resources, and the development of the digital economy are among the government’s top priorities.
A document jointly released by the Central Committee of the Communist Party of China and the State Council of China explicitly states that establishing a national blockchain network is among the government’s goals.
The document, published under the title “Views on the Development of New Qualified Productive Forces,” states that the real economy and the digital economy need to be integrated more comprehensively. In this context, it is planned that the state will improve data infrastructure, accelerate digital transformation in the manufacturing sector, and support industrial internet projects.
The document also states that China will advance its “Processing Eastern Data in the West” project, establishing an integrated computing power network that connects data centers and computing resources across the country. The planned national blockchain network is expected to be one of the components of this vast digital infrastructure.
The statement did not mention Bitcoin, Ethereum, or any other cryptocurrency. Nor did it provide any information regarding whether the planned infrastructure would be a permissionless, publicly accessible blockchain with its own token.
Has China Lifted Its Cryptocurrency Ban? Therefore, the decision does not mean that China is changing its current approach to cryptocurrency trading or lifting its cryptocurrency bans. China has long restricted cryptocurrency transactions while supporting the development of permissioned blockchain technologies for government agencies, companies, and industrial applications.
The new network is likely to be used in areas such as sharing public data, digital identity, supply chain tracking, financial reconciliation, and verification of industry data. However, the document does not specify the network’s technical architecture, launch date, budget, or which institution will operate it.
The National Development and Reform Commission of China’s plan for the period 2026-2030 also envisioned the implementation of a “national blockchain network construction project.” The latest document confirms that this goal has been included in China’s economic transformation plan by the country’s top political and administrative institutions.
The Chinese government’s announcement has increased user interest in Conflux (CFX), which is being promoted as a public blockchain compliant with regulations in the country.
Market participants viewed Conflux as one of the projects that could benefit from China’s plan to expand its blockchain infrastructure, resulting in an approximately 28% increase in the CFX price.
According to shared market data, Conflux’s trading volume in the last 24 hours reached approximately $204 million, while its total market capitalization stands at $357 million. The fact that trading volume accounts for approximately 57% of market capitalization indicates significant buying and selling activity for the altcoin.
On the other hand, CFX’s Relative Strength Index (RSI) rose to 63. This value indicates that the upward momentum is strengthening, but shows that the price has not yet reached the overbought region, traditionally considered to be above 70.
*This is not investment advice.
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