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Binance founder CZ has responded to community discussions about Bitcoin’s resistance to price declines, stating that the leading cryptocurrency’s performance is quite surprising given the larger drops seen in traditional financial markets today. Historically, downturns in traditional markets weigh on crypto prices as investors sell assets to hoard cash, but Bitcoin has shown remarkable resilience this time. Earlier, some community users noted that a $6 billion+ hack on the world’s largest crypto exchange would likely trigger a sharp Bitcoin price slump, yet the token only fell around 3% that day—leading many to believe the market bottom may be approaching.

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An email sent in 2009 by Bitcoin’s mysterious founder, Satoshi Nakamoto, has resurfaced. Researcher Seán Murray suggests that a Bitcoin node Satoshi said he was connected to may belong to Dustin Trammell, one of the network’s early users.

According to Murray’s assessment shared today, the connection may have originated from a Roadrunner home internet address in Austin, Texas. The claim centers around an email Satoshi sent to Nicholas Bohm on July 20, 2009.

In the correspondence, Bohm explains that the Bitcoin software is having difficulty establishing a connection. Satoshi, in turn, states that his own node is also trying to reach Bohm’s IP address but is unsuccessful.

Satoshi says in his message that he has been connected to a different IP address since the previous day. This is where the address that Murray associated with Trammell comes into play.

The email also reveals how few participants the Bitcoin network had in its early months. Bohm recounts that there were typically three to five connections previously, while Satoshi asks new users to keep their computers on so they can find someone to connect with.

Murray’s research highlights the association of the IP address with the Austin area and the fact that Trammell was working in the same region at the time. A later addition to the research revealed that another address Trammell had previously shared with Satoshi was also connected to the Roadrunner home internet service in Austin.

However, these matches do not definitively confirm that the node belongs to Trammell. The email does not specify the owner of the link by name; the Trammell connection is based on Murray’s assessment using geographical and technical traces.

Trammell’s direct communication with Satoshi is known through his own published correspondence. In his personal blog, Trammell stated that Satoshi sent him 25 BTC on January 14, 2009.

*This is not investment advice.

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MSCI’s November 11 announcement could remove Strategy from global equity indexes. The decision puts a source of demand for MSTR shares under scrutiny as the company continues using share sales to finance Bitcoin purchases.

Summary

MSCI will announce its final November constituent decisions on November 11. The new eligibility rules take effect after the November 30 close. MSCI’s potential-impact list identifies 5 possible deletions, including Strategy and Metaplanet. Strategy estimates relevant index funds hold approximately 13 million MSTR shares, or 3.1% of its basic shares. The company reported 848,517 BTC as of October 25 in its latest disclosures. Strategy’s next index test arrives on November 11, when MSCI will announce constituent changes that could remove the company from its global equity benchmarks.

The company has challenged the eligibility rules and says the effect of deletion would be limited. It estimates relevant index funds hold approximately 13 million MSTR shares, equivalent to 3.1% of its basic shares outstanding.

The decision reaches beyond whether those funds keep the stock. Strategy regularly sells new shares to finance Bitcoin purchases, and its October filings show that connection continuing even as it directs cash toward preferred-stock buybacks.

During October 12–18, the company raised approximately $22 million by selling common shares and spent $22.1 million on Bitcoin. The following week, it reported neither an at-the-market share sale nor a Bitcoin purchase.

Removal from an equity index would not require Strategy to sell its Bitcoin. It could, however, remove benchmark-linked buyers from a stock the company uses to raise fresh money, adding another consideration to future issuance decisions.

MSCI has adopted the methodology and named Strategy on a potential-impact list. The final constituent announcement is due November 11, with changes taking effect after the November 30 close.

JUST IN: Michael Saylor defends Strategy's $STRC buyback strategy

Saylor says its Digital Credit Capital Framework, launched four months ago, uses programmatic $STRC repurchases as part of its broader strategy to manage its capital structure and build long-term shareholder… pic.twitter.com/XOFztlQCoF

— crypto.news (@cryptodotnews) October 24, 2026 Strategy says its Bitcoin business is an operating business Strategy has urged MSCI to withdraw the framework, arguing that the provider has repackaged an earlier proposal directed at digital-asset treasury companies. The previous approach concerned businesses whose digital assets represented at least 50% of total assets.

In its published response, the company said the revised terminology reaches the same businesses through a different set of rules. It described the operating and non-operating classifications as having no basis in US GAAP, IFRS or a recognized legal framework.

The company said it reports its Bitcoin business as an operating segment under US GAAP, consistent with discussions with SEC staff. It argued that MSCI was introducing its own policy judgments into index construction.

Strategy’s objections extend beyond its own potential removal. The company said the framework undermines the neutrality and reliability investors expect from a broad equity index provider.

MSCI’s stated position is that additional corporate issuers with characteristics similar to investment vehicles should be assessed for eligibility. Investment funds, business development companies and other passive investment vehicles were already excluded from its equity universe.

The new methodology evaluates companies using their assets and financial characteristics. It does not identify Bitcoin holdings alone as the condition for removing a company.

As crypto.news previously reported, the adopted index eligibility rules followed a consultation launched on August 3. The feedback period closed September 30, and MSCI announced its decision before the October 16 deadline it had set.

Strategy’s public campaign against the proposal included a request for supporters to contact MSCI. Its response page continues to present the company’s objections and its estimate of the shares held by index-linked funds.

The provider has not announced that Strategy’s accounting-segment designation exempts it from the new screens. The company’s eligibility will be determined through the methodology applied in the index review.

MSCI requires companies to pass operating and financial tests Under the final October methodology, a company passes the initial screen if operating assets represent at least 50% of total assets. Companies below that threshold undergo five further financial tests.

The tests cover operating-asset intensity, expense intensity, operating cash flow, fair-value intensity and dependence on external financing. An issuer must fail at least four of those tests to meet the exclusion condition.

Existing constituents receive different thresholds from companies seeking entry. For operating-asset intensity, the relevant levels are at least 10% for an existing member and at least 20% for a non-member.

Both groups face an expense-intensity threshold of at least 5% and a requirement for positive operating cash flow. The fair-value assessment includes alternatives based on assets and sales-related measures.

For an existing constituent, the sales-related fair-value threshold is 75%, compared with 50% for a non-constituent. The financing-to-assets thresholds are 30% and 20%, respectively, with an alternative condition concerning whether capital raising financed asset accumulation.

MSCI requires existing constituents to fail the relevant screening in both of their two most recent annual filing periods before deletion. A prospective entrant can be ineligible if it fails in either period.

The first four financial tests are assessed separately for each period. Capital dependence is assessed across the periods collectively, and MSCI may consider the latest interim information where appropriate.

The methodology schedules reviews alongside the February, May, August and November index reviews. For November, it generally considers financial filings published by the last business day of September.

The publication cutoff precedes Strategy’s October 29 earnings release. MSCI’s methodology permits consideration of interim information, but the provider has not published a company-level explanation of the final inputs it will use for Strategy in November.

The rules will replace interim restrictions imposed in October 2025 on certain companies with digital assets worth at least 50% of total assets. Those restrictions had limited increases in index share counts and inclusion factors and deferred some additions and size-category changes.

The potential-impact list names Strategy and four other companies MSCI’s potential-impact list identifies five securities as potential deletions. They include Strategy, Metaplanet, Yellow Cake, Iceland’s Skel Fjarfestingafelag and Upexi.

The document uses financial information as of September 30 and market capitalizations as of October 9. It labels the actions as potential November review changes.

Strategy appears as a large-cap constituent with an issuer market capitalization of approximately $43.32 billion and a float-adjusted value of $40.29 billion in that snapshot. Metaplanet appears as a small-cap constituent, with a float-adjusted value of approximately $803.9 million.

Yellow Cake’s float-adjusted value was approximately $1.80 billion. The other two potential deletions, Skel and Upexi, were listed at approximately $102.9 million and $45.3 million, respectively.

The five float-adjusted values total approximately $43.05 billion, with Strategy accounting for roughly 93.6%. The calculation uses MSCI’s dated values and does not estimate the amount of stock held by index funds.

The document places 17 securities in its potential watchlist group. SharpLink appears alongside companies including Urbana, Stack Capital Group, Sui Group Holdings, Ton Strategy and DeFi Development Corp.

The latest list is more extensive than the earlier exercise published during the consultation. That simulation, based on May information, identified Strategy, Metaplanet and Yellow Cake as potential deletions and three companies for a watchlist.

The earlier removal proposal described the two-period requirement for existing constituents. Companies meeting the screening conditions in only their latest period could enter a watchlist before a later review.

MSCI has scheduled the final list for November 11. The potential-impact document does not replace that announcement, and its October 9 market values are not current quotations for the companies named.

Strategy says index-linked holdings amount to 13 million shares Strategy has argued that removal would not meaningfully affect its business because the relevant index-linked position is limited relative to its share base and trading activity. Its response puts the holdings at approximately 13 million MSTR shares.

The company says that amount equals 3.1% of basic shares outstanding and approximately 60% of its 30-day average daily volume. It compared that position with about two days of trading volume for companies removed from MSCI World during the May 2026 rebalance.

The figures form part of Strategy’s opposition to the rules. MSCI’s public announcement does not provide a separate estimate of the number of Strategy shares funds will sell.

Index funds follow mandates tied to their benchmarks, while the timing and method of portfolio adjustments depend on the product. Some hold every constituent, and others use representative sampling or additional instruments to track the index.

The iShares MSCI ACWI ETF’s summary prospectus describes a representative-sampling approach. The fund seeks to track its benchmark through a portfolio selected to have similar overall investment characteristics.

The SEC’s investor guidance describes both full-replication and sampling strategies among index funds. It lists trading costs and tracking error among the factors that can cause a fund’s returns to differ from those of its benchmark.

Strategy’s 13-million-share estimate concerns the position the company attributes to relevant trackers. It is not a published commitment by all those funds to execute the same quantity at one price or in one transaction.

The final constituent announcement will precede implementation by almost three weeks. MSCI has specified the November 30 close as the effective point for the review changes.

Strategy has not published an estimate of its future share price under either outcome. Its argument is that the disclosed position is small enough relative to trading activity that a deletion should be manageable for the business.

Recent Bitcoin purchases relied on new common shares Strategy’s recent filings show it buying Bitcoin while committing larger sums to its STRC preferred shares. Between October 5 and October 11, it acquired 250 BTC for approximately $21.5 million and spent $192.4 million repurchasing STRC.

The company said $21 million of the Bitcoin purchase was financed through net proceeds from MSTR share sales. Another $500,000 came from existing USD Cash.

The Bitcoin and STRC transactions lifted its Bitcoin balance to 848,250 BTC. The company’s aggregate acquisition cost at that point was approximately $64 billion, including fees and expenses.

The following week, Strategy bought another 267 BTC for $22.1 million, bringing its holdings to 848,517 BTC. Its October 19 filing showed sales of 140,872 common shares generating approximately $22 million in net proceeds.

The company spent $193.1 million of USD Cash on STRC repurchases during that period. It reported preferred dividends of $45.5 million paid from its designated reserve.

During October 19–25, Strategy made no Bitcoin purchases or sales and sold no shares through its at-the-market programs. It instead used $204.9 million of USD Cash to repurchase 2,068,459 STRC shares.

The October 26 disclosure left its Bitcoin holdings unchanged at 848,517 BTC, with a reported purchase cost of $64.02 billion. The company reported no repurchases of MSTR or its other listed preferred series during that week.

Strategy’s separate cash categories had changed as the repurchases continued. Its USD Cash balance fell from $447.3 million a week earlier to $242.4 million, while the designated USD Reserve stood at $4.83 billion.

The company says the reserve supports preferred dividends and interest on debt. USD Cash can be used for Bitcoin purchases, reserve contributions and other capital-management activities.

CEO Phong Le previously said Strategy intended to buy STRC below its $100 stated amount, with purchases dependent on market prices and liquidity. Management has described discounted repurchases as a way to reduce future preferred dividend obligations.

The company has an existing policy for Bitcoin sales Strategy’s board authorized a Bitcoin monetization program in June as part of a wider capital framework. The policy allows the company to sell Bitcoin for specified reserve, dividend, interest and repurchase purposes.

The capital framework includes authority to generate up to $1.25 billion through Bitcoin sales to fund the USD Reserve. It permits further monetization for preferred dividends, debt interest and authorized repurchases under the stated conditions.

The company said sales outside those purposes or authorizations would require further board approval. The program has no fixed expiration and does not oblige Strategy to sell Bitcoin.

The same June announcement established a policy of maintaining at least 12 months of expected preferred-dividend and debt-interest coverage in the USD Reserve. A reduction below that level requires board authorization.

Strategy said the reserve could be used only for preferred dividends and debt interest without additional board approval. Repurchases of common or preferred shares were assigned other funding sources, including the permitted Bitcoin monetization program.

The company’s October results reported approximately $431.8 million of Bitcoin sales during 2026 to fund part of its preferred dividends and STRC buybacks. Its weekly filings separately record periods in which it bought coins, sold coins or did neither.

An index exit would affect investors’ shares before company cash MSCI decides which companies qualify for its benchmarks, while investment managers decide how to track them under their fund mandates. A deletion removes a company from the reference portfolio those products seek to follow.

Funds that hold MSTR to replicate the affected index would need to adjust their portfolios to the revised benchmark. Managers using representative sampling have discretion over holdings within their investment policies, so the public constituent list is not an order for every tracker to make an identical trade.

Strategy’s published estimate of 13 million shares gives the company’s view of the relevant position. It does not identify every manager’s intended execution date or the buyers who might take the other side.

The company argues that the amount is manageable because it is below 1 average day’s trading volume. That comparison describes turnover across the market, where each completed sale has a buyer; it does not establish the price at which an additional block could be absorbed.

MSCI’s potential-impact spreadsheet assigns Strategy a float-adjusted market value of approximately $40.29 billion. That figure measures the company’s index-eligible equity value in the dated snapshot, rather than the dollar amount trackers must sell.

The index provider has not published a forecast for MSTR’s price following the November decision. Strategy’s opposition page argues that deletion would not meaningfully affect the company, while its own filings continue to make new issuance dependent on market conditions.

An investor selling an existing share receives the sale proceeds. Strategy receives cash when it issues new shares, as it did in the October purchase weeks.

The distinction puts the funding question after the portfolio adjustment. A change in demand or the stock’s trading value could alter the terms available for a later company offering, but the index sale itself does not take cash out of Strategy’s bank accounts.

Retention would preserve Strategy’s eligibility under this review. It would not commit funds to buying a fixed quantity of new shares directly from the company or guarantee that management continues issuing at its previous pace.

The November announcement will settle the constituent question before the November 30 implementation. Subsequent company disclosures will show whether Strategy continues to raise capital and acquire Bitcoin during that interval.

The funding question concerns the next purchase Strategy has built its Bitcoin holdings through capital raising on a scale far above its software revenue. Investors buy securities issued by the company, which then allocates proceeds under its treasury and capital-management policies.

Its October 29 results reported $21.23 billion of capital raised and $14.33 billion of Bitcoin purchases during the year to date. The release reported $125.4 million of revenue for the third quarter.

The company reported $5.41 billion in net proceeds from its at-the-market programs during the quarter. A further $58.7 million came in between October 1 and October 23.

The quarterly and October figures cover different periods, but the weekly disclosures identify how particular purchases were funded. They show common-share proceeds covering almost all of the 250 BTC purchase reported October 12 and the 267 BTC purchase reported October 19.

The 267 BTC acquisition followed sales of 140,872 MSTR shares. That transaction increased the company’s reported holdings to 848,517 BTC.

The next disclosure kept the Bitcoin balance unchanged. Strategy’s October 26 statement reported no at-the-market issuance and no Bitcoin purchases or sales during October 19–25.

The company continued buying back STRC during that week. Its disclosure assigned the $204.9 million purchase to USD Cash, leaving a $242.4 million cash balance alongside its designated reserve.

Those transactions show management choosing among uses of available capital. The company can acquire Bitcoin, support reserve coverage or repurchase securities under its authorizations, and each activity appears separately in its disclosures.

The reserve is earmarked for preferred dividends and debt interest under the company’s policy. Treating its entire balance as money immediately available for additional Bitcoin purchases would overlook those restrictions.

The company’s capital framework leaves future issuance subject to market conditions and management’s assessment of shareholder value. Strategy has said it will exercise discipline when MSTR trades close to its measure of net Bitcoin value per share.

A lower share price would mean issuing more shares to raise the same gross amount, before costs. Whether Strategy would accept those terms, use another permitted funding source or postpone a purchase remains a management decision.

MSCI’s announcement will not determine Bitcoin’s market price, investor demand for every Strategy security or the company’s total access to capital. It will determine whether the affected equity benchmarks continue to include MSTR.

Bitcoin sales remain a separate board-authorized decision An index fund has no right to redeem its MSTR shares for part of the Bitcoin treasury. Strategy’s securities disclosures state that shareholders have no ownership interest in, or redemption right to, the company’s coins.

The company’s year-to-date Bitcoin sales therefore cannot be described as index redemptions. They are corporate disposals under its own capital-management program.

Strategy has not announced a disposal triggered by the November review. Its latest weekly filing reported no Bitcoin sale during October 19–25.

LATEST: Strategy reported record $21B operating income in Q3 2026

The company has raised $21B year-to-date and now holds 848,517 $BTC, up 26% this year, while reporting that its $STRC preferred stock has returned to “health.” pic.twitter.com/270aPxU2AD

— crypto.news (@cryptodotnews) October 30, 2026 The company has funding obligations that continue under either index outcome, including preferred dividends and debt interest. Its designated reserve provides money for those payments under the policy management has adopted.

Future filings can show whether management uses issuance, existing cash or permitted Bitcoin sales as those obligations come due. The index announcement alone will not establish which of those sources it chooses.

MSCI’s final list is scheduled for November 11. Any deletion under the November review will take effect after the November 30 close, leaving Strategy’s next reported share sales and Bitcoin transactions to show how it funds the treasury through implementation.

What to watch November 11 decision: MSCI will publish its final November constituent changes.

November 30 implementation: Any changes under the adopted rules take effect after the close.

Fund holdings: Updated portfolios will show how relevant trackers adjust their MSTR positions.

Company transactions: Strategy’s weekly filings record actual Bitcoin purchases, sales, issuance and repurchases.

Financing: Common-share proceeds and the stated funding source for each Bitcoin purchase will show whether issuance continues through the review.

FAQ Has MSCI already removed Strategy? MSCI has adopted the eligibility rules and identified Strategy on a potential-impact list. The final November constituent decisions are scheduled for November 11.

When would a deletion take effect? MSCI specifies the November 30 close for implementation. The constituent announcement and the effective date are separate parts of the review timetable.

What does Strategy object to? The company says its Bitcoin business qualifies as an operating segment and argues that MSCI’s framework unfairly targets digital-asset treasuries. It estimates relevant trackers hold approximately 13 million MSTR shares.

How does MSCI assess eligibility? Companies below the 50% operating-assets core threshold face five financial tests. At least four flagged tests are required, and existing constituents must meet the failure conditions across both assessed annual periods.

Which companies appear on the potential deletion list? The list identifies Strategy, Metaplanet, Yellow Cake, Skel Fjarfestingafelag and Upexi. It uses financial information as of September 30 and market values as of October 9.

Would index-fund selling automatically sell Strategy’s Bitcoin? No. Fund transactions concern MSTR shares, while the company’s reported 848,517 BTC is held in its treasury. Strategy has a separate board-authorized Bitcoin monetization policy.

Has Strategy already sold Bitcoin this year? Yes. Its October 29 results reported approximately $431.8 million in year-to-date sales to support preferred dividends and STRC repurchases. It reported no Bitcoin purchases or sales during October 19–25.

What would show whether the decision affects Bitcoin buying? Strategy’s filings disclose new share sales, cash use and Bitcoin purchases. Those transactions will show whether and how the company continues funding acquisitions after the review. This is educational analysis, not investment advice.

Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. Figures reflect regulatory filings and reporting available at the time of writing and change with each disclosure. Nothing here is a recommendation to buy, sell, or hold any security or asset. Always do your own research. Information is accurate as of October 30, 2026. Legal questions should be discussed with qualified counsel.

At 8:15 a.m. Eastern Time today, the market price for a single Bitcoin (BTC) is $77,380.93. That’s a $2,655.67 drop from where it was trading yesterday morning and about $30,941 lower than it was one year ago.

Bitcoin price% ChangePrice of Bitcoin yesterday$80,036.60-3.31%Price of Bitcoin 1 month ago$83,419.82-7.23%Price of Bitcoin 1 year ago$108,321.57-28.56%Price of Bitcoin yesterdayBitcoin price$80,036.60% Change-3.31%Price of Bitcoin 1 month agoBitcoin price$83,419.82% Change-7.23%Price of Bitcoin 1 year agoBitcoin price$108,321.57% Change-28.56%

What is Bitcoin?
Bitcoin is widely recognized as the pioneering cryptocurrency and continues to hold the top spot in terms of name recognition and market size. Its market capitalization is roughly $1.33 trillion, putting it far ahead of second-place Ethereum with about $233 billion in market cap.

At a basic level, Bitcoin functions as a decentralized digital currency. Instead of relying on a central authority like a bank or government, it runs on a peer-to-peer network of computers. This design lets people transfer value straight to others without using a traditional financial intermediary.

Many investors turn to Bitcoin as a potential hedge against inflation in the U.S. dollar or as a way to branch out beyond conventional investments. Over the past decade, it has posted stunning gains, often outperforming major stock indexes, which has played a big role in its popularity.

At the same time, Bitcoin shares a key trait with other cryptocurrencies—it can be extremely volatile, with frequent and sometimes dramatic price changes.

Bitcoin price history
Since it was introduced in 2009, Bitcoin has been highly volatile and often headline-grabbing. One early milestone in its history involves developer Laszlo Hanyecz, who famously spent 10,000 Bitcoins on pizza. Today, those coins would be valued at more than 668 million dollars.

Over the last decade or so, Bitcoin’s price has climbed more than 15,000%. This tremendous growth comes with a trade-off, as cryptocurrencies are known for their unpredictability. Bitcoin has undergone severe pullbacks—sometimes dropping tens of thousands of dollars within months—as well as dramatic recoveries. At the close of 2025, it was trading roughly 30% below the all-time high it hit that very October.

What affects Bitcoin’s price?
Several different dynamics can move Bitcoin’s price up or down, including:

Investor speculation: Like many speculative assets, Bitcoin’s short-term price is heavily driven by trader psychology and buzz. In the near term, prices usually reflect investor beliefs and trading activity more than anything else.
Adoption by major companies: When large corporations embrace Bitcoin or broader crypto technology, it can help support further growth. For example, Bitcoin’s price rose after companies such as Tesla and Ferrari announced plans to accept Bitcoin as a payment option.
Economy: Bitcoin doesn’t track inflation figures or central bank decisions in the same way many traditional investments do. Still, it often benefits when the U.S. economy is strong, because people who feel financially secure may be more willing to allocate money to alternative assets that are a bit riskier—like crypto.
Regulatory developments: As a relatively young asset class, cryptocurrency is still in the process of being fully regulated. New rules or enforcement actions can either instill confidence or create fear. Both cases can significantly affect Bitcoin’s price.

How to buy and invest in Bitcoin
If you’ve decided to invest in Bitcoin, there are multiple ways to do it. Here are some of the main options.

Buy Bitcoin on a cryptocurrency exchange
The most straightforward route is to buy Bitcoin directly. You set up an account with a crypto exchange, connect it to your bank, and then use your deposited cash to buy Bitcoin.

Invest in Bitcoin ETFs
For those who prefer a more traditional investment vehicle, Bitcoin exchange-traded funds are an alternative. A Bitcoin ETF holds Bitcoin on behalf of its shareholders, and its shares trade on standard stock exchanges. This option lets you skip the process of managing your own crypto wallet and can reduce the risk of losing access to your funds because of a password mistake or wallet issue.

Buy crypto stocks
Investors who don’t want to buy Bitcoin directly can also consider stocks of companies in the crypto space. These might include tech companies that support blockchain technology, public crypto exchanges, even payment processors. Because these companies may earn revenue from Bitcoin-related activity, their share prices can offer indirect exposure to Bitcoin’s performance.

Open a Bitcoin IRA
For retirement-focused investing, a Bitcoin IRA is another great option. Like a standard IRA, it’s a tax-advantaged account with similar contribution limits and tax rules, but it lets you allocate some of your retirement savings to Bitcoin and other cryptocurrencies as alternative investments.

Bitcoin vs. other cryptocurrencies
Bitcoin might be the best-known name in crypto, but it is not your only choice. When weighing where to put your money, you may want to compare it with a few other major coins.

CryptocurrencyPrice per coin as of 8:15 a.m. on Oct. 30, 2026Bitcoin$77,380.93Ethereum$2,232.62Tether (USDT)$0.99XRP$1.24BitcoinPrice per coin as of 8:15 a.m. on Oct. 30, 2026$77,380.93EthereumPrice per coin as of 8:15 a.m. on Oct. 30, 2026$2,232.62Tether (USDT)Price per coin as of 8:15 a.m. on Oct. 30, 2026$0.99XRPPrice per coin as of 8:15 a.m. on Oct. 30, 2026$1.24

Ethereum: Ethereum is currently the second-largest cryptocurrency by market cap. Unlike Bitcoin, which was designed mainly as a form of money, Ethereum was built as a decentralized computing platform and is widely used for running applications and smart contracts.
Tether: Tether is a stablecoin, meaning that its value is directly tied to another asset—in this instance, the U.S. dollar. Its peg typically keeps price movements smaller than Bitcoin’s, but that also means there’s less opportunity for outsized growth.
XRP: XRP is a digital asset created to make sending money across borders faster and cheaper, focusing specifically on international transfers with low transaction costs.

Crypto coverage from Fortune
See our newsroom’s recent coverage of what’s been happening on the cryptocurrency scene:

The $6.3 billion Binance hack: What we know so far about the biggest crypto heist in history
Polymarket launches 15-minute ‘Up or Down’ contracts for the price of gold
Bitget CEO aims to enter the U.S. market in 2027, with or without the CLARITY Act

Is it a good time to invest in Bitcoin?
When compared with long-standing blue-chip names such as Procter & Gamble or Walmart, Bitcoin is still a newcomer. That makes predicting its long-term behavior challenging. But its recent history has been impressive. As more companies start accepting Bitcoin as a payment method, its price may get a further boost, and as the asset matures, it might eventually see somewhat smoother price movements.

However, Bitcoin should not be treated as a sure bet. It’s wise to invest only money you can afford to have tied up and to ensure your broader portfolio is diversified, so other investments can help offset Bitcoin’s volatility.

For most people, Bitcoin is better viewed as a long-term, higher-risk holding than as a quick trade. It is not ideal for investors who are uncomfortable watching large price swings. But if you plan to hold it for years and keep it as a piece of a balanced portfolio, investing in Bitcoin could make sense for a portion of your overall strategy.

Frequently asked questions
How much will Bitcoin be worth in 2030?
While the answer is obviously unknowable, crypto experts are generally optimistic about the short-term success of Bitcoin. Some models price it at more than $700,000 by 2030, with conservative estimates closer to $300,000.

What is Bitcoin’s all-time high price?
As of this writing, Bitcoin reached its highest price ever on Oct. 6, 2025, pricing at a whopping $126,198.07.

Can you buy a fraction of a Bitcoin?
Yes, you can buy a fraction of a Bitcoin. Most cryptocurrency exchanges offer fractional investing, meaning you can buy portions of crypto coins. Thanks to fractional investing, you can invest in Bitcoin with as little as a few dollars.

How do I start investing in Bitcoin as a beginner?
If you want to invest directly in Bitcoin by owning the currency, you’ll typically open an account with a cryptocurrency exchange. Once the account is created, you can transfer money to your crypto account from your bank and place an order for Bitcoin and other tokens or coins. You can also indirectly invest in Bitcoin via an ETF or a business that uses Bitcoin.

What can you buy with Bitcoin?
You can use your Bitcoin holdings in several ways, from selling for cash to trading it for other coins. In some cases, you can also pay for purchases, such as with Tesla and Microsoft.

Does Bitcoin outperform the stock market?
Bitcoin has well outperformed the stock market since its launch, but its extreme volatility makes it far less than a guarantee to be a better investment than stocks.

Binance Hacker Accidentally Sends $3.32M in Altcoins to $NEWT Contract, Funds Lost

The Binance hacker sent ~$3.32M worth of altcoins to the $NEWT token contract address by mistake.
The funds are now unrecoverable.

2 minutes ago

A newly created wallet withdrew 68,773 SOL from a centralized exchange (CEX), valued at approximately $6.65 million.

According to Lookonchain's monitoring, a newly created wallet (2VXozU) withdrew 68,773 SOL tokens from Kraken, Bybit, and OKX, valued at approximately $6.65 million.

2 minutes ago

Binance attacker suspected of mistakenly transferring $3.5 million worth of tokens to NEWT contract address, assets have been permanently locked

The Newton Foundation announced in a post that the attacker behind the Binance hack incident apparently made an accidental error earlier today, transferring approximately 8 million NEWT tokens and 17 other tokens directly to the NEWT token contract address. The combined value of these tokens at current prices is around $3.5 million, including tokens such as ANIME, ANKR, ARPA, BARD, FTT, LQTY, SIGN, and WOO.
The foundation emphasized that the NEWT token contract itself was not hacked. Inspections confirm the contract is immutable, has no owner or administrator, all management permissions were abandoned on-chain in 2025, and its upgrade function is permanently disabled. As a result, no party, including the foundation, can retrieve tokens directly transferred to the contract.
The foundation added that these tokens are now permanently locked, out of the attacker’s control, and cannot be sold on the market anymore. The relevant investigation findings have been shared with Binance, and the foundation will continue to provide assistance.

2 minutes ago

Keystone suspends all shipments, quarantines affected devices, and shortens the logistics data retention period to 90 days.

Crypto hardware wallet manufacturer Keystone announced in a post that it has shortened its logistics data retention period from 180 days to 90 days, effective immediately. After users receive their goods, they can also contact the support team to request early deletion of relevant data, and the team will process the request promptly. Keystone has suspended all shipments and begun isolating affected devices in all partner warehouses, including Amazon warehouses. The company stated it has sent emails to all affected users and is improving the security of the affected user inquiry page based on feedback. Keystone reminds users that relevant incident emails are only sent from [email protected], and users should verify the sender address. The company will never request mnemonic phrases via email, direct message, or phone; if users receive messages urging immediate action, they should pause operations and confirm with the official first. Keystone will announce its follow-up arrangements in the coming days.

2 minutes ago

The U.S. Treasury Department raised $839 billion through its Treasury bond auctions this week, hitting a new all-time high.

This week, the U.S. government raised $839 billion through Treasury bill and bond issuances, hitting an all-time high. The move is aimed both at repaying maturing debt and securing additional funds needed for federal deficit financing. Auctions held this week for Treasury bills, floating-rate notes, and 2-year, 5-year, and 7-year Treasury securities exceeded the $834 billion record set in the same period last year. The $839 billion total covers 11 auctions, most of which go toward repaying principal to holders of maturing Treasury bills. Only $106 billion of this sum constitutes the U.S. government’s "new borrowing", far from historical highs. The previous peak occurred in March and April 2020, when Treasury auctions surged to raise funds for pandemic response, with weekly net new cash reaching a near $362 billion high. Tony Farren, head of interest rate sales and trading at Mischler Financial Group, said: "The Treasury’s weekly total debt issuance hitting an all-time high is by no means a good thing. The biggest risk is that investors may demand higher yields."

2 minutes ago

New Wallet Withdraws 68,773 $SOL ($6.65M) From Kraken, Bybit and OKX

A newly created wallet (2VXozU) withdrew 68,773 $SOL($6.65M) from #Kraken, #Bybit and #OKX.

2 minutes ago

FORBES: 'Please Stop'—Binance Founder Begs Elon Musk After Massive Hack Triggers Bitcoin And Crypto Price Crash Fears

Strategy Inc. (NASDAQ:MSTR) shares are down about 7% on Friday premarket after the company reported third-quarter results Thursday after the market closed, with sales below Wall Street estimates, and disclosed a chief financial officer transition. Bitcoin and other cryptocurrencies also fell after Binance disclosed the largest crypto hack on record. Strategy is the world’s largest corporate holder of Bitcoin.

Strategy stock is taking a hit today. What’s behind MSTR decline? Strategy Misses on Revenue, Reports EPS of $44.75, Announces CFO TransitionStrategy reported third-quarter revenue of $125.4 million, missing the consensus estimate of $127.17 million and down from $128.69 million a year earlier. Earnings per share were $44.75, which included a $20.91 billion gain on digital assets in the quarter. As of Oct. 25, Strategy held 848,517 bitcoin, up 26% so far this year, after buying $14.33 billion of bitcoin year to date. CFO Andrew Kang will step down on Nov. 5. Reza Virasteh has been appointed CFO and will take over on Jan. 1, 2027, with CEO Phong Le covering in the interim.

"We’re at the beginning of the next Bitcoin bull market," said Michael Saylor, Strategy’s founder and executive chairman. He added that Strategy’s digital credit business, a group of ten publicly listed securities, has $16 billion in notional value and an 84% market share.

Binance Discloses Record $6.3 Billion Hack, and Crypto Prices FallBinance said about $6.3 billion in funds were stolen in a security incident, the largest crypto theft on record, topping the $1.5 billion taken from Bybit in February 2025. Binance suspended deposits and withdrawals and said about $3 billion has been frozen. An initial investigation suggests the attacker gained access through an engineer’s compromised laptop, Binance told Al Jazeera.

Blockchain analysis firms TRM Labs and Chainalysis said North Korean hackers were behind it, and Binance has said it will cover users’ losses. Early estimates put the stolen funds at about $5.6 billion, including $1.45 billion in bitcoin, $875 million in ether and $1.57 billion in Tether. Crypto prices fell on the news. Bitcoin is Strategy’s core asset, so a drop in confidence in the crypto market affects its holdings.

Read Next

Strategy Shares FallMSTR Price Action: At the time of publication, Strategy shares are trading 6.24% lower at $132.78, according to data from Benzinga Pro.

Image via Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The cryptocurrency market faced intense selling pressure following the approximately $6.3 billion security breach targeting Binance. Major cryptocurrencies, particularly Bitcoin and Ethereum, lost value.

Sharp Drop in Bitcoin and Ethereum!
Following the hack news, sell-offs accelerated in the cryptocurrency market. Bitcoin fell by over 3%, dropping to around $76,000, while Ethereum also fell below $2,200.

According to the data, approximately $1.5 billion worth of leveraged positions were liquidated in the market within 24 hours, with the majority of these liquidations consisting of long positions opened with the expectation of an upward trend.

Standard Chartered: The Decline May Continue!
While the decline has unnerved the market, banking giant Standard Chartered warned that the market downturn may not be over yet.

Speaking to Coindesk, Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, stated that selling pressure following the Binance attack could continue for some time.

According to Kendrick, for a new balance to be established in the market, the status of the frozen assets must be clarified and the details of the attack must be revealed.

Kendrick also noted that the attack could accelerate investors’ shift towards decentralized trading platforms, a development that could support Uniswap’s long-term growth potential. He added that the bank maintains its UNI price target of $100 for 2030.

Kendrick also stated that the Binance attack was a new development that strengthened the possibility of exceeding their previously predicted price forecast.

*This is not investment advice.

Follow our Telegram and X account now for exclusive news, analytics and on-chain data!

France is at 120% debt to GDP, and Alexandre Laizet says the problem isn’t the debt, it’s that the proceeds are spent and not invested. The Capital B executive explains why Europe’s debt crisis and monetary debasement make the case for Bitcoin, and why France’s capital markets are suited to a Bitcoin treasury strategy.

Chapters:
00:00 Capital B: Europe’s First Bitcoin Treasury Company
00:33 Why Europe Needs Bitcoin and France’s Capital Markets
02:35 France’s Debt, Moody’s Rating and Spent vs. Invested
04:49 Capital B’s Goal to Become Europe’s Most Capitalized Company
06:39 Strategy’s Dividends and Digital Credit in Europe
10:13 Perpetual Credit and Regulation in France and Europe
12:05 MSCI’s New Rules for Bitcoin Treasury Companies
14:07 How Capital B Grew Its Bitcoin Through the Bear Market
17:32 Why Credit Investors Are Looking at Bitcoin-Backed Credit
19:54 French Debt Pressure, Tax Advantages and Bitcoin Adoption

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

Patrick Green

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

Litecoin (LTC) traded at $56.07 on October 30, 2026, according to CoinGecko data, marking a 43.63% decrease over the past twelve months. The cryptocurrency currently sits about 86% below its all-time high of $410.26, which was set on May 9, 2021.

Market performance and sentimentRecent market action shows limited momentum for LTC. In the 24 hours leading up to October 30, the price fluctuated between $53.15 and $58.81, with a one-month loss nearing 16%. The current market capitalization stands at $4.36 billion, placing Litecoin 25th by value, and the 24-hour trading volume reached $336.9 million. Active circulation now totals 77.77 million coins out of a maximum supply of 84 million.

Sentiment across the crypto market remains subdued. The Crypto Fear & Greed Index stood at 30 (“Fear”) on October 30, signaling continued general caution among participants.

ETF inflows and institutional interestSpot Litecoin exchange-traded funds (ETFs) in the United States held $13.02 million in net assets as of October 26. While recent inflows briefly doubled assets to approximately $14 million, activity has slowed, with CoinTurk reporting fund inflows on only four days between late September and late October. Grayscale submitted an application on September 11 to convert its Litecoin Trust into a spot ETF; no new approvals had been granted by mid-October. Broader ETF participation and regulatory clarity are seen as potential catalysts for increased institutional access.

For readers watching developments in Litecoin ETF inflows, tools like CryptoAppsy can streamline tracking by allowing users to set real-time price alerts specifically for $LTC and monitor coin-specific news in one dashboard. As ETF announcements and asset movements can swiftly influence LTC’s price, these features support timely reactions to institutional market shifts.

Network activity and technical innovationLitecoin’s hashrate registered 2,604 terahashes per second (TH/s) in September 2026, up nearly threefold from January 2024’s 864 TH/s, though still below the November 2025 peak of 3,379 TH/s. Daily active addresses in September 2026, however, dropped to their lowest point since October 2023, indicating weaker on-chain participation despite rising network security.

The ecosystem continues to push technical upgrades. The number of LTC coins held in MimbleWimble Extension Block (MWEB) privacy addresses reached approximately 519,000 by October, compared to less than 100,000 for much of 2024. Developers are also building LitVM, a zero-knowledge rollup that aims to introduce smart contract functionality compatible with Ethereum’s EVM. A separate initiative involves a Litecoin-linked asset proposal for deployment on the Canton Network by Greywick Digital and the Litecoin Foundation.

Ongoing risks for LTC holdersDespite improvements in hashrate, several risk factors persist. The decline in daily active addresses points to waning network usage. In March 2026, a software flaw in MWEB led to the payout of 85,034 LTC on an input of roughly 1.2 LTC, a problem later addressed in Litecoin Core 0.21.5.5. Charlie Lee, Litecoin’s creator, personally covered the remaining shortfall. The incident highlights the risks inherent in network upgrades.

Low ETF flows and continued delays in regulatory review may limit institutional engagement. Meanwhile, LTC’s price volatility and potential for large-scale losses remain significant risks for investors, particularly in the event of exchange or custody issues.

At its current price, Litecoin trades at about 14% of its historical peak, making a full recovery to previous highs dependent on both improved ETF flows and a clear resurgence in network activity.

Long-term scenarios and outlookForecasts for Litecoin’s 2030 price demonstrate exceptional uncertainty. Published predictions stretch from $31 to $1,200, reflecting the difficulty of long-term valuation in a volatile, evolving sector. The Bit Journal’s modeled scenarios offer a base case range of $55 to $130 for 2030, while bearish and bullish cases include $31 to $50 and $150 to $250, respectively. These ranges are not price targets, but estimates based on current network metrics, ETF adoption trends, and on-chain activity.

No forecast for Litecoin over a five-year horizon can be considered reliable. Future price action will depend heavily on wider crypto market trends, potential regulatory changes, and Litecoin’s ongoing technical development.

Mason Versluis, a well-known cryptocurrency analyst, shared renewed optimism for $XRP after viewing a video of Ripple CEO Brad Garlinghouse addressing the relationship between Ripple’s upcoming RLUSD stablecoin and the XRP token.

Ripple clarifies position on XRP and RLUSD stablecoinIn his remarks, Garlinghouse explained that Ripple remains fully committed to the long-term success of XRP, even as it expands into stablecoins. He responded to concerns that Ripple’s focus on launching RLUSD could undermine XRP’s role or reduce its importance within the company’s ecosystem.

During the video, Garlinghouse made it clear that Ripple sees XRP as its guiding focus. He stated, “We won’t do things, we only want to do things that are good for XRP.”

The CEO added that RLUSD is being built to serve complementary functions, not to replace or diminish the significance of XRP. This is aimed at assuaging worries among token holders regarding the impact of RLUSD adoption on XRP’s value proposition.

Garlinghouse emphasized that Ripple’s RLUSD project is aligned with the company’s commitment to XRP and intends to ensure both assets work in tandem within the Ripple ecosystem.

Versluis, who shared his reaction on X, commented, “this video made me 5.89X more bullish on $XRP specifically,” highlighting a surge in bullish sentiment following Garlinghouse’s updates.

RLUSD increases liquidity on the XRP LedgerGarlinghouse provided an update on RLUSD’s distribution, reporting that about half of the stablecoin’s supply has already been issued on the XRP Ledger (XRPL), Ripple’s decentralized public blockchain.

“Now about half of all RLUSD is just issued on the XRP Ledger, bringing more liquidity on ledger,” Garlinghouse stated, underlining the positive impact on network activity.

RLUSD facilitates dollar-denominated transactions and contributes fresh liquidity to XRPL. In contrast, XRP continues to be used primarily for transaction fees and cross-border value transfers within the network.

Whether the growth of RLUSD will directly boost XRP prices remains uncertain and depends on broader user adoption and the resulting demand for XRP in network operations.

Mini dictionary: XRP Ledger (XRPL) is Ripple’s public, decentralized blockchain network designed for fast, low-cost asset transfers and settlements, and serves as the foundational infrastructure for both XRP and tokenized stablecoins like RLUSD.

Institutions back RLUSD expansionMajor financial institutions and leading digital asset platforms have begun to support RLUSD. BNY Mellon, one of the world’s largest asset custody banks, now lists RLUSD and XRP on its custody services, offering institutional clients new digital asset management solutions.

Coinbase, a prominent cryptocurrency exchange and service provider, has also introduced RLUSD across several blockchain environments. This move expands access for retail and institutional users, further integrating the stablecoin within the crypto financial system.

These partnerships could drive additional RLUSD adoption, enhance its liquidity, and strengthen infrastructure surrounding XRPL and XRP.

InstitutionAsset SupportedService ProvidedBNY MellonRLUSD, XRPCustodyCoinbaseRLUSDExchange, TradingWhile Versluis has expressed increased enthusiasm, some XRP holders remain skeptical about whether RLUSD adoption will translate into gains for XRP itself.

Community member Hugh Damnright openly questioned the actual value XRP derives from transaction fees, suggesting that RLUSD has diminished some of the use cases originally envisioned for XRP. Another observer, Wex Gunworks, voiced frustration with XRP’s price performance, noting the lack of sustained upward movement in recent years.

These differing views highlight an ongoing debate within the XRP community about the interplay between Ripple’s business expansion and XRP’s market outlook. The effect of RLUSD’s growth on XRP will depend on factors such as network demand, on-chain activity, and the ability to generate tangible utility for the token through expanded stablecoin operations.

XRP has been trading below a descending resistance line since late September, with technical signals now hinting at a potential breakout. Cryptocurrency analyst Steph Is Crypto, known for his technical analysis shared on social media, stated that the current price action is the first meaningful attempt to push above this key trend line since its formation.

Analyst identifies critical levels for confirmationIn a recent video to his audience, Steph Is Crypto emphasized the importance of examining the daily candlestick close rather than focusing on intraday wicks. He explained that a daily close above $1.31, with a preference for $1.32, would provide early confirmation of a trend reversal and suggest the start of a sustained move upward.

Most market players might not notice the significance of this moment, but a daily close above $1.31 or $1.32 could signal a major change for $XRP.

The use of a candlestick close chart, instead of the more commonly viewed wick-heavy chart, was cited as a clearer method to identify genuine breakout signals for XRP. Steph Is Crypto argued that this distinction helps remove noise and gives a more accurate picture of bullish momentum.

Technical momentum: MACD cross points to a possible rallyAdding to the technical setup, a bullish MACD cross appears to be developing on the daily timeframe. The analyst noted that the blue MACD line is close to crossing above the orange signal line, with confirmation potentially arriving within the next 24 hours.

Steph Is Crypto drew a parallel to the chart pattern from August 18, when a similar MACD cross preceded a sharp rally in XRP’s price. He stated that if a daily close above $1.31 is achieved, a comparable upside move could play out.

Mini dictionary: MACD (Moving Average Convergence Divergence) is a technical indicator used to identify trend direction and momentum, as well as potential buy or sell signals, by comparing two moving averages of a security’s price.

Short-term targets and conditions for continuationLooking ahead, Steph Is Crypto identified $1.40 as the first significant price target if confirmation is achieved. Surpassing this level could open the path to $1.44 and $1.50 in the near term, provided the breakout maintains strength. Despite current bullish signals, the analyst maintained that without a daily candle close above resistance, the pattern remains unconfirmed.

Breakout Confirmation LevelFirst TargetSecondary Targets$1.31 – $1.32 daily close$1.40$1.44, $1.50
Bullish momentum appears to be building, but it all depends on a decisive daily close above $1.31 for the setup to be validated.

While some traders are closely monitoring short-term breakout conditions, others in the XRP community advocate for a more patient approach. X user Crypto4Life commented that the main focus should be on reclaiming and sustaining XRP’s all-time high of $3.84 before considering major price predictions relevant.

Crypto4Life suggested that holders look for accumulation opportunities during deep corrections and recommended storing assets securely, away from centralized exchanges. This sentiment highlights a portion of the community that sees ultimate relevance only in surpassing historical highs and targets such as $5.00 after a clear move above $3.84.

This perspective underscores a division within the XRP investor base between short-term technical traders and long-term holders who prioritize wider price milestones.

Outlook for XRPXRP’s technical setup is attracting increased attention from traders and analysts. With a critical resistance test underway and momentum indicators turning bullish, sentiment could quickly change if the outlined breakout levels are achieved.

According to Steph Is Crypto, many in the market remain cautious or bearish. Should XRP achieve the necessary confirmation above resistance, the analyst expects a notable shift in market outlook driven by renewed bullish confidence.

10h17 ▪
5
min read ▪ by
Evans S.

Summarize this article with:

The crypto XRP is going through a difficult period, but American crypto ETF investors do not seem in a hurry to reduce their exposure. On October 29, the token was trading around $1.29, nearly 25% below the funds’ estimated average acquisition price. Yet, their monitored holdings decreased by only 0.26% between October 23 and 28. Six spot ETFs still held approximately 1.17 billion XRP.

In brief

XRP is trading roughly 25% below the ETFs’ estimated acquisition price.
The monitored funds’ holdings fell only 0.26% over three sessions.
Bitwise concentrates most withdrawals, but its positions rose on October 29.

XRP ETFs Maintain 1.17 Billion Tokens
The latest figures from XRP Insights reveal unusual resistance. Between October 26 and 28, the crypto funds monitored by the platform recorded a net decrease of 2.96 million XRP, about 3.9 million dollars.

The decline remains limited. In early October, XRP ETFs had already experienced 3.28 million dollars in withdrawals concentrated in Bitwise. The total value of their assets then dropped by 37 million dollars, mainly due to price effects.

The current situation shows similarities. As of October 28, the six American spot XRP ETFs held about 1.17 billion tokens, representing 1.56 billion dollars in assets. Adding the XRP held in the diversified Bitwise 10 Crypto Index Fund (BITW), exposure reached 1.19 billion tokens.

That represents nearly 1.2% of the 100 billion XRP created. However, flow data require clarification. The calculation of 2.96 million XRP includes BITW but excludes Grayscale GXRP due to a historical interruption in data collection.

Grayscale’s holdings are nevertheless counted in the total tokens held. These movements therefore do not allow us to affirm that all crypto ETF holders refuse to sell. They simply indicate that observed aggregate positions have decreased very little.

Bitwise Concentrates Crypto Fund Withdrawals
Most of the movement comes from Bitwise. Its XRP ETF held about 416.61 million tokens on October 23. Three days later, this total had dropped to 413.82 million.

Nearly 2.79 million XRP thus disappeared from its holdings. Franklin Templeton and 21Shares, on the other hand, recorded no changes over the three sessions studied. On October 28, the monitored funds even added about 174,140 XRP, breaking two consecutive days of net withdrawals.

The movement remains modest, but more recent data deserve attention. According to holdings published by issuers, Bitwise held 416.05 million XRP on October 29, about 2.23 million tokens more than its previous report.

The fund therefore recovered much of the tokens withdrawn a few days earlier. However, the complete data for all crypto ETFs for this session were not yet consolidated.

Flows remain irregular. On October 8, XRP ETFs were already attracting capital despite weak prices. However, weekly inflows had significantly slowed.

Another caution: fluctuations in a crypto ETF’s reserves do not automatically correspond to buys or sells made by investors on the stock market. Creations and redemptions of shares, fees, or certain rebalancings can also change holdings.

XRP Remains Far From the ETFs’ Average Price
Holdings’ resistance does not protect funds against the crypto market decline. XRP Insights estimates their average acquisition price at about $1.71 per token. This calculation is based on the funds’ initial positions and daily holdings changes since December 2025.

With XRP close to $1.29 on October 29, the gap was about 24.6%. This is not a 25% loss recorded by each investor. Crypto ETF shares are bought and sold on different dates, sometimes at prices very distant from this theoretical average cost.

The XRP decline continued. On October 30, around 8:32 UTC, the token was trading around $1.255 on Binance. Compared to the estimated average cost of $1.71, the gap now reached about 26.5%.

Price pressure thus remains. At the end of August, XRP ETFs had nonetheless attracted $110.49 million in one week, their best weekly performance of the year at that time. The amounts observed today are significantly lower. To measure a true buyers’ return, upcoming data will need to show net share creations over several sessions. Reserve stability remains encouraging for holders but is insufficient to announce an XRP rebound.

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Evans S.

Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

XRP Ledger developers propose four fixes to close restricted token loopholes

Ripple has enabled Water.org, a nonprofit co-founded by Matt Damon and Gary White, to reduce cross-border payment fees by as much as 66%, providing new evidence of how blockchain technology is extending beyond cryptocurrency speculation into global humanitarian finance.

Ripple Payments drives efficiency in cross-border philanthropyIn its latest financial operations, Water.org moved more than $3.2 million across four markets using Ripple Payments, the company’s blockchain-based payment solution.

Through this system, settlement times for transfers to Mexico and Brazil have improved significantly, falling from the typical two or three-day timeframe to same-day processing. This enables Water.org to deliver funding to its local lending partners without the delays imposed by traditional banking cutoffs.

The organizations said these improvements help Water.org’s financial partners distribute affordable loans faster for household water and sanitation upgrades, in place of relying solely on donations to support families in need.

Ripple’s October announcement cited up to 66% lower transaction costs and round-the-clock payment processing, with $3.2 million successfully sent through four markets in Latin America.

Ripple’s infrastructure is used to enable instant international transfers, thereby minimizing the friction and cost associated with sending funds through multiple intermediaries.

The collaboration has also directly helped more than one million people gain access to safe water or sanitation financing across the region.

For relief organizations facing challenges moving money across borders, rapid payment tracking is essential as exchange rates and costs fluctuate. To address this, CryptoAppsy users can leverage real-time charts and automatic price alerts to monitor transaction fees, settlement times, and asset values as they respond to updates in Ripple’s cross-border payment network.

Expansion into stablecoin-based fundingWater.org is now expanding its stablecoin-backed operations. The organization has received a $1.25 million grant in RLUSD, Ripple’s US dollar-pegged stablecoin, through the Stablecoin Impact Fund.

This funding will support WaterCredit programs in Indonesia, the Philippines, and Uganda, broadening Water.org’s stablecoin-enabled microfinance initiative beyond Latin America.

The $1.25 million RLUSD grant will help deliver affordable financing in three new countries and is part of a broader $6 million Ripple commitment to financial inclusion over three years.

Ripple and Water.org also plan to implement Wallet-as-a-Service technology to manage digital assets for future projects. Additional distribution channels for RLUSD are in development, including impending Robinhood access and potential invoice settlement integration with C2FO.

Impact for Ripple, RLUSD, and XRPThe recent developments illustrate broader adoption of Ripple’s global payment infrastructure, but they do not necessarily translate into direct demand for XRP, Ripple’s digital asset.

Ripple Payments, RLUSD, and XRP each serve distinct functions within Ripple’s ecosystem. Many transactions, especially those using stablecoins like RLUSD, rely on Ripple’s technology without requiring XRP as the settlement asset.

As institutional use of Ripple’s payment tools and stablecoins grows, observers continue to differentiate between financial activity that uses these instruments and blockchain transaction volume that directly involves XRP.

Leading asset managers Franklin Templeton and Bitwise have increased their holdings in XRP, responding to renewed activity in the XRP ETF sector after several days of subdued trading.

Franklin Templeton emerges as top buyerRecent data from SosoValue revealed that XRP ETFs saw combined inflows surpassing $8 million during their latest trading session. Only two institutional participants, Franklin Templeton and Bitwise, contributed to this inflow, with Franklin Templeton taking a clear lead in total purchases.

Franklin Templeton acquired approximately 4.34 million XRP, valued at about $5.57 million, making it the largest investor in XRP ETFs for the day. This significant purchase follows a period of reduced activity, as the fund had not recorded new inflows for five consecutive days before this latest move.

Bitwise, which also returned to buying following a lull, accumulated roughly 2.23 million XRP, amounting to $2.86 million. This purchase also came after five days marked by minimal inflows and withdrawals.

Market dynamics shift as net inflows riseThe total net inflows into XRP ETFs have now climbed to about $1.81 billion, a figure reflecting growing institutional interest despite the cautious approach observed recently. Combined net assets across these funds have reached $1.47 billion according to the latest available figures.

Until this latest activity, both Franklin Templeton and Bitwise had maintained low profiles, with limited exposure to additional XRP investments. The sudden increase in participation from both firms indicates a shift in sentiment and potentially signals momentum returning to the XRP ETF market.

Franklin Templeton contributed the largest share of inflows by purchasing 4.34 million XRP worth $5.57 million, leading all institutional participants during the latest trading session.

Bitwise’s contribution also reinforced this trend, with the company adding 2.23 million XRP to its holdings and demonstrating a renewed appetite for XRP after a quiet period.

Institutional behavior and investor outlookThe participation of major asset managers like Franklin Templeton and Bitwise is closely watched by market observers, as their decisions often influence broader investor sentiment within the crypto industry. The most recent inflows suggest that institutional players may be regaining confidence in XRP ETFs following the earlier slowdown.

Investors seeking to track rapid institutional movements in assets like XRP may benefit from robust real-time monitoring tools. CryptoAppsy’s live news and market data features enable users to stay updated on large inflows and holdings by major institutions, providing an efficient way to follow these high-impact moves as they unfold.

Both Franklin Templeton and Bitwise have now re-established their positions as key participants in the XRP ETF space, and their renewed activity will likely be a focal point for analysts evaluating institutional demand in the coming weeks.

59 minutes ago

According to Binance CEO He Yi’s disclosure, Binance is acquiring altcoins that exactly match its stolen assets via over-the-counter (OTC) and on-exchange trading to complete its Proof of Reserves (PoR) process, and will update on progress once purchases are finalized. Combined with this statement and the already disclosed stolen asset records, these include 233.46 million XRP (valued at ~$296 million), 970,500 SOL (~$96 million), and 46.4 million TRX (~$16 million). Additionally, the hacker has dumped seven tokens—UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD—converting them into 70,480 ETH for a total transaction value of ~$158.25 million. The dump amounts for UNI, ENA, PEPE, and LINK stand at ~$39.63 million, ~$33.93 million, ~$31.66 million, and ~$26.05 million respectively. Other stolen assets also include 74.56 million ARB (~$11.54 million), 714.911 million FUN (~$6.29 million), 87.853 million ZAMA (~$6.02 million), 3.602 million ZRO (~$5.69 million), and 3.382 billion RSR (~$5.02 million).

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30.10.2026 14:16

Ropa +1,78 % na 103,82 USD za barel.
Zemní plyn -2,95 % na 2,865 USD za mbtu.

Zlato -1,76 % na 3960,5 USD za unci.
Stříbro -4,4 % na 50,075 USD za unci.
Měď -1,14 % na 6,527 USD za libru.

Kukuřice -0,44 % na 4,4925 USD za bušl.
Pšenice -0,12 % na 6,03 USD za bušl.

Zdroj: Reuters

Jan Prokeš
Fio banka, a.s.
Prohlášení

Binance Hacker Accidentally Sends $3.32M in Altcoins to $NEWT Contract, Funds Lost

The Binance hacker sent ~$3.32M worth of altcoins to the $NEWT token contract address by mistake.
The funds are now unrecoverable.

1 minutes ago

A newly created wallet withdrew 68,773 SOL from a centralized exchange (CEX), valued at approximately $6.65 million.

According to Lookonchain's monitoring, a newly created wallet (2VXozU) withdrew 68,773 SOL tokens from Kraken, Bybit, and OKX, valued at approximately $6.65 million.

1 minutes ago

Binance attacker suspected of mistakenly transferring $3.5 million worth of tokens to NEWT contract address, assets have been permanently locked

The Newton Foundation announced in a post that the attacker behind the Binance hack incident apparently made an accidental error earlier today, transferring approximately 8 million NEWT tokens and 17 other tokens directly to the NEWT token contract address. The combined value of these tokens at current prices is around $3.5 million, including tokens such as ANIME, ANKR, ARPA, BARD, FTT, LQTY, SIGN, and WOO.
The foundation emphasized that the NEWT token contract itself was not hacked. Inspections confirm the contract is immutable, has no owner or administrator, all management permissions were abandoned on-chain in 2025, and its upgrade function is permanently disabled. As a result, no party, including the foundation, can retrieve tokens directly transferred to the contract.
The foundation added that these tokens are now permanently locked, out of the attacker’s control, and cannot be sold on the market anymore. The relevant investigation findings have been shared with Binance, and the foundation will continue to provide assistance.

1 minutes ago

Keystone suspends all shipments, quarantines affected devices, and shortens the logistics data retention period to 90 days.

Crypto hardware wallet manufacturer Keystone announced in a post that it has shortened its logistics data retention period from 180 days to 90 days, effective immediately. After users receive their goods, they can also contact the support team to request early deletion of relevant data, and the team will process the request promptly. Keystone has suspended all shipments and begun isolating affected devices in all partner warehouses, including Amazon warehouses. The company stated it has sent emails to all affected users and is improving the security of the affected user inquiry page based on feedback. Keystone reminds users that relevant incident emails are only sent from [email protected], and users should verify the sender address. The company will never request mnemonic phrases via email, direct message, or phone; if users receive messages urging immediate action, they should pause operations and confirm with the official first. Keystone will announce its follow-up arrangements in the coming days.

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The U.S. Treasury Department raised $839 billion through its Treasury bond auctions this week, hitting a new all-time high.

This week, the U.S. government raised $839 billion through Treasury bill and bond issuances, hitting an all-time high. The move is aimed both at repaying maturing debt and securing additional funds needed for federal deficit financing. Auctions held this week for Treasury bills, floating-rate notes, and 2-year, 5-year, and 7-year Treasury securities exceeded the $834 billion record set in the same period last year. The $839 billion total covers 11 auctions, most of which go toward repaying principal to holders of maturing Treasury bills. Only $106 billion of this sum constitutes the U.S. government’s "new borrowing", far from historical highs. The previous peak occurred in March and April 2020, when Treasury auctions surged to raise funds for pandemic response, with weekly net new cash reaching a near $362 billion high. Tony Farren, head of interest rate sales and trading at Mischler Financial Group, said: "The Treasury’s weekly total debt issuance hitting an all-time high is by no means a good thing. The biggest risk is that investors may demand higher yields."

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New Wallet Withdraws 68,773 $SOL ($6.65M) From Kraken, Bybit and OKX

A newly created wallet (2VXozU) withdrew 68,773 $SOL($6.65M) from #Kraken, #Bybit and #OKX.

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Americké futures kontrakty v červených číslech, Nasdaq 100 futures -2,71 %

Bitcoin Price Faces Another Test as $10.9B Deribit Options Expire Today

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) face renewed selling pressure as crypto markets extend their October losses.  Total crypto market cap is down by 2.17% to $2.61T on Friday, ahead of November’s U.S. midterm elections.

Following the latest Federal Reserve interest rate announcement, investor sentiment continues to decline. Bitcoin’s Fear and Greed Index has hit a new low of 38, indicating Fear among market participants.

CMC
The three biggest cryptocurrencies are also nearing key technical levels of support. Bitcoin price is making its way toward the $77,000 level, while ETH remains under $2,300. The price of XRP fell to USD 1.25, which led to further worries of dropping.

2026 U.S. Midterm Elections: November 3 Could Become a Major Crypto Catalyst
The U.S. midterm elections in 2026 will be held on Tuesday, Nov. 3. American voters will determine who is in control of both houses of Congress.

All 435 seats in the House of Representatives will be up for grabs. Meanwhile, 35 Senate seats will be up for grabs, including 33 regular elections and two special elections.

There are also a number of gubernatorial and state legislative offices that will be on the ballot. These elections may turn things upside down in Washington’s political priorities the remainder of the congressional session.

The fact that Congress is controlling it has significant consequences for cryptocurrency investors. Parliamentarians affect the laws on digital assets, the regulatory framework, and financial market policies.

In the event that cryptocurrencies are backed by Congress, the discussion on more transparent market regulations may be warmed up. This may stimulate institutional involvement and boost confidence throughout digital asset markets.

However, with political maneuvering, these types of bills could keep getting further delayed, and uncertainty around regulation will persist. Such moves could deter investment in an already tough market.

BTC, ETH, and XRP Price Prediction: Key Levels to Watch
Bitcoin is under immediate pressure at the support level of about 77,000. BTC might face more selling pressure as a result of a decisive breakdown. The recovery of more than $80,000 would increase its short-term prospects. 

The MACD line is still below the signal line and zero level. This implies that the sellers have retained gains, which further worsens the risk of negative gains.

Source: TradingView
Ethereum is still fighting under the significant level of psychological barrier of $2,300. A sustained breakdown could expose ETH to further declines.

However, reclaiming $2,300 could encourage buyers to return. If the bullish trend resumes, the future ETH outlook could rally back to $2,500.

The selling pressure is increasing with XRP approaching $1.25. Failure may subject the cryptocurrency to further downside risks.

The Relative Strength Index (RSI) stands at 39, which implies neutral ground and might be appealing to short-term buyers.

XRP/USDT 4-Hour chart: TradingView
Crypto Liquidations Reach $1.5 Billion Amid Market Selloff
The latest cryptocurrency selloff has reportedly wiped out approximately $1.5 billion in leveraged positions.

Coinglass data
These closures, which are not voluntary, can drive down prices even further. Further selling may come in the wake of the $6.3 billion Binance hack when its major cryptocurrencies such as Bitcoin, Ethereum and XRP test their respective support levels.

Bitcoin ETFs Attract $17.07 Million While Ethereum ETFs Record $105 Million in Outflows
On October 29 (ET), spot bitcoin ETFs saw $17.0719 million in net inflows. This was the fourth consecutive day they were in positive inflows.

BTC ETF
In comparison, spot ETFs saw a total of $105 million in net outflows. This represented their fourth consecutive day of withdrawals.

Ethereum declined below $2,200 on Friday, sliding nearly 3% as investors digested persistently high US inflation data and renewed concerns over potential interest rate hikes from the Federal Reserve.

US inflation data and Fed outlookSeptember’s Personal Consumption Expenditures Price Index, which the Federal Reserve closely monitors, rose 0.5% month-over-month and 3.6% compared to the previous year. Core PCE, a measure that excludes the volatile food and energy segments, increased 0.3% on the month and 3.1% year-over-year, aligning with analysts’ expectations.

Market participants responded to the report by increasing bets that the Federal Reserve could implement another rate hike before the year ends. CME FedWatch data indicated an 80% probability of an increase at the Fed’s December policy meeting.

This shift in sentiment followed the Federal Reserve’s decision earlier in the week to leave interest rates unchanged at 3.75% to 4%, even as most officials continued to voice concerns that inflation remains above target levels.

Investors face ongoing uncertainty as the prospect of restrictive monetary policy continues, despite the October pause in rate hikes.

Futures market shows ongoing sell-side pressureData from blockchain analytics firm CryptoQuant showed persistent selling pressure in the Ethereum Binance perpetual futures market. The 30-day moving average of ETH Net Taker Volume fell to roughly negative $166.6 million on October 16, its lowest level in four months, before recovering to negative $117.3 million several days later.

This indicator measures the difference between aggressive buy and sell orders in the derivatives market. Its continued negative reading indicates that sellers remain dominant, although the imbalance has narrowed recently.

Despite this, funding rates for Ethereum perpetual futures held in positive territory, meaning traders with long positions continued to pay shorts. This reflects ongoing demand for leveraged bullish exposure even as the overall market trend remains subdued.

Open interest has stabilized at around 12.7 million ETH throughout October, following declines in September. This suggests that the total number of outstanding Ethereum futures contracts has steadied.

Spot Ethereum ETFs in the US recorded $21.4 million of net outflows on Wednesday, with another $105.48 million withdrawn on Thursday. This marked the fourth consecutive session of outflows, implying muted demand among institutional buyers.

MetricValueTrendETH priceBelow $2,200FallingETF outflows (Wed)$21.4 millionRisingETF outflows (Thu)$105.48 millionRisingETH Net Taker Volume (Oct 16)−$166.6 million4-month lowLiquidations (24h)$360.5 millionHighForced liquidations in ETH derivatives markets increased sharply, totaling $360.5 million over the previous 24 hours. Long positions accounted for $305 million, or nearly 85% of total liquidations, indicating that most losses occurred among traders who expected a rebound.

Additional selling pressure emerged after hackers siphoned approximately $6 billion from Binance, the world’s largest cryptocurrency exchange by trading volume.

Mini dictionary: CryptoQuant is an on-chain data analytics platform that provides insights into cryptocurrency market activity, including metrics for spot and derivatives trading.

Technical outlook and key support levelsEthereum’s daily chart maintains a bearish tone, with price trading below its 20-day, 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs). Currently, the 200-day EMA near $2,310 represents the first significant resistance that bulls need to surpass. Additional resistance levels lie at $2,355 and $2,360—aligned with the 100-day EMA—and at $2,409 and $2,443, corresponding to the 20-day and 50-day EMAs.

Support has been established near $2,200, which briefly broke down before ETH quickly rebounded above it. If this zone fails to hold on a daily close, the market could shift focus toward lower levels at $2,107, $1,972, and $1,854.

The Relative Strength Index for Ethereum has dropped to 29, falling beneath the commonly referenced oversold threshold of 30, while the Stochastic Oscillator gives a reading of 14, placing it firmly in oversold territory. These conditions suggest that selling pressure is stretched, but do not yet confirm the start of a reversal.

Recovery would require ETH to maintain support at $2,205 and reclaim the 200-day EMA to build any evidence of stabilization. Until these signals emerge, persistent negative futures flows and ETF redemptions support a cautious outlook for Ethereum.

Ethereum transaction fees soared to their highest levels since April, with network activity intensifying following the record $6.3 billion Binance hack. This event pushed decentralized protocols to the forefront, as traders and MEV bots accelerated on-chain operations, resulting in a surge in fee revenues for block builders and validators.

Fees spike as Binance hack triggers on-chain rushEthereum’s ecosystem witnessed a sharp increase in activity as funds moved from the compromised Binance wallet. The chaos created new trading and arbitrage opportunities on decentralized exchanges, driving up demand for blockchain services as market participants rushed to capitalize on shifting conditions.

Decentralized trading volumes and MEV (Maximal Extractable Value) bot operations were notable contributors to the spike in transaction fees. Stablecoin transactions and swaps of the stolen assets, especially when the hacker exchanged tokens for ETH, generated substantial revenue for those facilitating priority transactions.

MEV bots, competing for block space with higher transaction fees, provided significant earnings to block builders, who then shared a portion with validators.

X analyst @0xNairolf stated that block builders captured high revenues from these volatile market conditions, underscoring the significance of MEV bot participation during the aftermath of the hack.

Record earnings for block builders and validatorsDaily transaction fees on Ethereum reached $44.25 million on the day of the hack, surging to $56.4 million within 24 hours. As of October 30, the network continued to see elevated fee levels, exceeding $10 million a day.

Titan Builder, which has emerged in 2026 as a leading Ethereum block builder, stood out by absorbing $24.65 million in fees in a single day. This figure highlights the lucrative environment for validators partnering with top block builders during peak activity.

Uniswap, a major decentralized exchange, also saw daily fees exceed $10 million amid the market turmoil. KyberSwap, an on-chain routing aggregator, burned 92.58 ETH in the same period, reflecting shifting trading patterns across Ethereum’s applications and protocols.

EntityDaily Fees (USD)ETH BurnedEthereum (Total)$56.4 millionN/ATitan Builder$24.65 millionN/AUniswap$10 millionN/AKyberSwapN/A92.58 ETHWhile gas fees remained below $0.01 for most small users, trading activity was dominated by specialized traders and large holders executing urgent transactions and swaps.

Spike in demand for “blob” space—Ethereum’s data storage segments used by layer-2 scaling solutions—reached a one-month high amid efforts to move stolen funds across networks, including Arbitrum.

Mini dictionary: Titan Builder is a leading Ethereum block builder, responsible for assembling and proposing blocks using MEV-boost strategies and earning significant fees, particularly during periods of heightened blockchain activity.

ETH price volatility as arbitrage opportunities riseAfter the Binance hack, ETH became the main asset for both exits and arbitrage on decentralized venues. As market players scrambled to swap tokens, ETH prices displayed notable discrepancies. On Uniswap, ETH traded as high as $2,700, while some on-chain pricing peaked at $3,300—a level not observed on centralized platforms. In comparison, ETH spot prices on other exchanges hovered near $2,223.25, further straining derivative markets.

A significant swing in ETH prices also elevated liquidation risks for large holders who had previously adopted bullish positions. ETH lost 17.2% of its value in October to date, on track for its weakest October monthly close since the blockchain began in 2016.

The ETH crash pushed the fear and greed index down to 28 points, a level associated with market fear, while investors closely monitored the $2,200 support.

Ethereum’s market participants now look to see if the $2,200 level will hold, with a breach seen as a possible trigger for prices sliding below $2,000.

Binance has begun buying back cryptocurrencies stolen in its $6.3 billion security breach, using company reserves and market purchases to replace affected assets in matching token amounts as investigators continue tracing the stolen funds.

Summary

Binance says it has reserved more than $6.34 billion to cover losses from the October 29 security breach.
The exchange already holds $5 billion in the affected tokens and is buying the remaining assets through exchanges and OTC desks.
Co-founder Yi He says Binance is using its SAFU fund and company holdings, including BTC and ETH, to replace stolen altcoins.
Chainalysis has linked the attack to North Korea’s TraderTraitor group and identified unusual automated laundering activity.
Binance’s Thai partner Gulf has offered liquidity assistance, although CZ says the exchange can cover its losses independently.

As per of an October 30 company update, the exchange has reserved more than $6.34 billion to cover the incident, including $5 billion already held in the same cryptocurrencies that attackers transferred from its wallets.

Binance is purchasing the remaining tokens through cryptocurrency exchanges and over-the-counter (OTC) trading desks. The company said some purchases could take longer because certain assets have limited liquidity, while privately negotiated OTC transactions require settlement.

Binance buys stolen altcoins using company reserves
Binance co-founder Yi He confirmed that the exchange was using its Secure Asset Fund for Users (SAFU) and existing cryptocurrency holdings to rebuild the affected balances.

“Binance’s SAFU fund and Binance’s holdings include a large amount of assets such as BTC and ETH,” she wrote.

The company intends to purchase the stolen altcoins in fully matching quantities, with another update planned after the transactions finish.

Although Yi He identified BTC and ETH among available reserves, Binance has not disclosed how much of either cryptocurrency it will sell to fund the purchases.

Binance’s SAFU fund and Binance’s holdings include a large amount of assets such as BTC and ETH. We are currently buying, through OTC and on-exchange, all the stolen altcoins in fully matching amounts. We will update everyone again once the purchases are complete.… https://t.co/TTUV5nS0ec

— Yi He (@heyibinance) October 30, 2026

The distinction matters for the reported recovery figures. The $6.34 billion represents funds Binance says it has reserved, while the $5 billion represents affected token assets already available within those reserves. Neither figure establishes the amount of new buying that must occur on the open market.

Binance said its purchase calculations exclude frozen or protected assets, which remain subject to recovery checks. The company reported $3 billion frozen through cooperation with token issuers, investigators and law enforcement.

UNI, PEPE and LINK among stolen assets sold by hacker
The repurchases follow large sales of stolen altcoins by the attacker, who exchanged several cryptocurrencies for Ethereum shortly after the breach.

As reported earlier today, on-chain tracker Lookonchain identified the sale of 7.02 million UNI worth $39.63 million.

The attacker reportedly sold 7.77 trillion PEPE for $31.66 million, alongside 217.5 million ENA worth $33.93 million and 2.57 million LINK valued at $26.05 million.

AAVE, ONDO and WLD were among the other affected tokens. The seven reported sales generated 70,480 ETH worth $158.25 million at the time.

The PEPE sell-off coincided with heavy volatility, although a well-known holder subsequently purchased another 45.08 billion tokens worth $206,500.

Binance’s decision to replace stolen assets in their original denominations could create demand for individual tokens. However, OTC transactions may match buyers with sellers without placing equivalent orders on public exchanges.

The company has not published individual repurchase amounts, execution prices or a breakdown of purchases completed.

Chainalysis identifies unusual laundering activity
While Binance works to restore customer balances, blockchain investigators continue tracking cryptocurrency that escaped the initial freezing efforts.

In an October 30 investigation, Chainalysis attributed the attack to TraderTraitor, a North Korean cybercrime group previously associated with major cryptocurrency thefts.

The firm identified a direct connection between funds stolen from Binance and assets taken during September’s Bitget exploit. Investigators said the two groups of funds entered shared wallets, strengthening their assessment of North Korean involvement.

According to the report, attackers initially moved $500 million in stablecoins into a wallet intended to exchange assets that issuers could freeze.

Over nearly 20 minutes, they converted $325 million in stablecoins into $285 million in ETH. The remaining $175 million was subsequently transferred to intermediary wallets.

Investigators have since observed thousands of transactions involving repeated transfers between addresses. Some wallets receive exactly 1 TRX before processing additional funds, a pattern the firm believes suggests automated laundering.

Gulf offers Binance liquidity support after hack
Binance founder Changpeng Zhao (CZ) said the exchange’s Thai partner, Gulf, had offered financial assistance during the crisis.

In his statement, Zhao recalled a similar offer following Binance’s $4 billion settlement with U.S. authorities in 2023.

“Know you can cover, but we are here if needed,” he quoted the latest message as saying.

Binance TH separately said its customer assets remained safe because the Thai business maintains independent custody arrangements and segregated cold wallets.

In 2023, after news of the $4 billion fine, Gulf, our partner in Thailand, asked: “do you need help with cash liquidity?” We didn’t, but I appreciated the gesture.

Today: “know you can cover, but we are here if needed.”

Strong partners show in tough times. 🙏 https://t.co/0GzOIMBwyK

— CZ 🔶 BNB (@cz_binance) October 30, 2026

The local exchange temporarily suspended deposits and withdrawals for security checks, while other services continued operating.

Binance said it would publish additional recovery updates as purchases progress and eventually verify customer holdings through its Proof of Reserves reporting.