MARA Holdings appears to be selling Bitcoin (BTC) again as the market swings through October. Wallets linked to the miner sent 1,000 BTC to Binance and Gate over 5 days.
On-chain tracker Lookonchain flagged the deposits, the second large MARA transfer it has spotted this month.
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MARA Holdings Sends Bitcoin to Exchanges Again in October 2026 Lookonchain valued the latest deposits at about $82.8 million. The first transfer came on October 9, when Lookonchain flagged 996 BTC, worth about $81.13 million, moving from MARA to a Galaxy Digital address.
Neither transfer confirms a sale. On-chain data shows the coins arriving at Galaxy, Binance, and Gate, but not whether anyone sold them. Holders also move coins to exchanges and trading desks to post collateral or change custody.
MARA’s own filings show how much room it has to sell. The miner held 35,577 BTC at the end of June, according to its second-quarter letter to shareholders. That total included 9,270 BTC loaned out or pledged as collateral.
MARA sold 2,213 BTC that quarter at an average price of $73,078. It also said it expects to keep selling Bitcoin on an opportunistic basis.
The latest 1,000 BTC equals roughly 2.8% of those June holdings. Larger sales came earlier, when MARA offloaded 15,133 BTC in March to buy back convertible debt.
Heavy miner selling is not new. Public miners sold a record 32,000-plus BTC in the first quarter, BeInCrypto reported.
Large miner deposits have continued this month. On October 16, Lookonchain also flagged Hut 8 depositing 1,589 BTC, worth $130 million, across several exchanges over 2 days.
Bitcoin Catches a Lift as Oil CoolsThe new deposits hit exchanges as Bitcoin clawed back some ground on Monday. The cryptocurrency traded at $82,573 at press time, up 1.07% in 24 hours, BeInCrypto Markets data showed.
Bitcoin (BTC) Price Performance. Source: BeInCrypto MarketsThe gain lined up with a pullback in crude. Brent touched $110 on Friday for the first time since May. It then dropped over 2.2% to $107.95 a barrel at press time, while US crude dropped 2.07% to $99.2.
Equity futures also recovered from last week’s chip selloff. Nasdaq 100 contracts gained 1% earlier today. S&P 500 futures were also up 0.7%.
Still, Bitcoin is down 1.18% since October 1. It trades about 34.5% below its $126,080 all-time high from October 6, 2025. BeInCrypto flagged thin liquidity, weaker ETF demand, and war risk as October headwinds.
MARA’s third-quarter results should show how many of the deposited coins were sold.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
This article was automatically generated using Dow Jones technology. Most major cryptocurrencies were up at 10 a.m. London time, with Sui seeing the biggest move, climbing 6.3% to $ 1.01. Solana increased 4.4% to $105.55, while XRP increased 4.0% to $1.31. Avalanche climbed 4.0% to $9.75, and Dogecoin increased 3.9% to 8 cents.
Cardano climbed 3.6% to 22 cents, and Ethereum rose 3.6% to $2,432.75. Bitcoin climbed 2.3% to $82,734.50, and Tronix dropped 0.3% to 33 cents. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-19-26 0500ET Copyright (c) 2026 Dow Jones & Company, Inc.
Chainspect data shows Polkadot (DOT) is the costliest Layer-1 for 100,000 transactions over seven days, while Sui (SUI) is the cheapest at $0.27.
Polkadot ($DOT) ranks as the most expensive Layer-1 blockchain to use, according to a fee comparison from analytics platform @chainspect_app. The data indicates that processing 100,000 transactions on @Polkadot cost more than $1,000 over the past seven days.
That puts the network at the top of the Layer-1 cost ranking. Other high-performance blockchains and rollup systems clear similar transaction volumes for a fraction of a cent per transaction. Sui (@SuiNetwork, $SUI) is the cheapest Layer 1 in the comparison, with 100,000 transactions costing $0.27.
Why Polkadot's Costs Look DifferentPolkadot's fee model helps explain how the figures can diverge from the network's usual reputation. According to the project's developer documentation, transaction fees on Polkadot are built from a base fee, a length fee and a weight fee, with an optional tip to prioritise inclusion. The weight fee reflects computational complexity, while the length fee scales with transaction size.
The architecture is also different from most Layer-1 networks. CoinShares describes Polkadot as a layer-0 network that connects multiple blockchains (parachains) under a shared security umbrella. Developers can use the Polkadot SDK to build their own chains and choose the fee model that suits them. That means costs on the relay chain are not necessarily representative of costs across the wider ecosystem.
Usage on the relay chain is also light. Chainspect's Polkadot page shows just 63 transactions in a one-hour window and an average transaction fee of about $0.0096. With so little activity, per-transaction cost comparisons can swing sharply depending on the period measured and the fee methodology used.
What It Means for DOTA high cost per 100,000 transactions does not by itself show that Polkadot is expensive for typical users, and the result depends on how Chainspect calculates fees over the seven-day window. Still, the ranking highlights a gap between Polkadot's interoperability-focused design and chains built for low-cost, high-volume activity such as Sui. Investors tracking $DOT and developers choosing a base layer may want to compare fee data across several time periods before drawing conclusions.
Sui Network's year-to-date SUI buybacks have reached 915,800 tokens, funded by stablecoin yield and fees. Here is how the program works and what it means for supply.
@SuiNetwork has bought back 915,800 $SUI year-to-date, putting the program within reach of the 1 million token mark. The purchases are funded by protocol-earned stablecoin yield and execution-fee earnings, and are carried out continuously on the open market.
Onchain data shows total protocol earnings of $3.2 million so far in 2026. The earnings are driven by transaction execution density and treasury float income on the Move-based Layer-1 network.
How the Sui buyback mechanism worksThe program converts yield from dollar-based assets held in network reserves into daily spot purchases of $SUI. , according to the network's own buyback dashboard.
The yield largely comes from USDsui, the network's native stablecoin. , CoinDesk reported at launch.
The model links stablecoin growth to token demand. The network's dashboard currently lists .
Buybacks are not burnsUnlike a buyback-and-burn scheme, the program does not shrink supply.
The scale is also modest relative to the market. In an August analysis, AMBCrypto noted that . It concluded the program .
The total has grown steadily since then. by early September, so the latest figure of 915,800 $SUI marks continued accumulation. The pace depends on how much yield the reserves generate, which can vary with stablecoin float and usage.
Sui's reference gas price was also changed this year. , which shifts more of the revenue mix toward stablecoin yield.
SourcesSui Network Revenue & SUI Buybacks (Sui)
Sui's native USDsui stablecoin goes live (CoinDesk)
Sui Buybacks Return Purchased Tokens Without Cutting Total Supply (TokenPost)
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The crypto market will welcome tokens worth more than $793.6 million in the fourth week of October 2026. Major projects, including LayerZero (ZRO), Plasma (XPL), and Humanity (H), will release significant new token supplies.
These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.
1. LayerZero (ZRO) Unlock Date: October 20 Number of Tokens to be Unlocked: 23.28 million ZRO Released Supply: 607.45 million ZRO Total Supply: 1 billion ZRO LayerZero is an interoperability protocol that connects different blockchains. Its primary goal is to facilitate seamless cross-chain communication. Thus, it enables decentralized applications (dApps) to interact across multiple blockchains without relying on traditional bridging models.
The team will unlock 23.28 million tokens on October 20, representing 3.83% of the released supply. Moreover, the supply is worth approximately $43.54 million.
ZRO Crypto Token Unlock in October. Source: TokenomistLayerZero will award 10.99 million altcoins to strategic partners. Core contributors will get 10.63 million ZRO. Lastly, 1.67 million ZRO are for tokens repurchased by the team.
2. Plasma (XPL) Unlock Date: October 25 Number of Tokens to be Unlocked: 227.78 million XPL Released Supply: 4.53 billion XPL Total Supply: 10 billion XPL Plasma is a Layer 1 blockchain platform built to enhance the efficiency and scalability of stablecoin transactions. It enables zero-fee USDT transfers, supports custom gas tokens, enables confidential payments, and delivers the throughput required for global-scale adoption.
Plasma will release 227.78 million XPL on October 25. The stack is worth $17.50 million and accounts for 5.02% of the released supply.
XPL Crypto Token Unlock in October. Source: TokenomistThe team will direct 88.89 million XPL to ecosystem and growth. In addition, investors and the team will each receive 69.44 million tokens.
3. Humanity (H) Unlock Date: October 25 Number of Tokens to be Unlocked: 266.47 million H Released Supply: 3.90 billion H Total Supply: 10 billion H Humanity (H) is a decentralized identity protocol that utilizes biometric palm recognition, zero-knowledge proofs, and blockchain to verify the authenticity of real human users without exposing their personal data. It features a native Proof of Humanity (PoH) consensus mechanism.
On October 25, the protocol will unlock 266.47 million tokens. The tokens are worth $15.30 million and account for 6.84% of the released supply.
H Crypto Token Unlock in October. Source: TokenomistThe team will split the released supply six ways. Early contributors will take the largest share at 79.17 million H, while investors will receive 55.56 million altcoins.
Meanwhile, the ecosystem fund will claim 50 million H, and Humanity will direct 42.86 million tokens toward identity verification rewards.
The Human Institute Strategic Reserve will get 26.39 million H. Lastly, the foundation operations treasury will receive 12.50 million.
In addition to these, other prominent unlocks investors can look out for in the fourth week of October include SoSoValue (SOSO), Kaito (KAITO), Bedrock (BR), and more, which will contribute to the total market-wide releases.
Tokenomist has marked the LayerZero, Plasma, and Humanity unlocks as pending verification, so these figures remain projections.
Status 2.39.1 brings several fixes to make your everyday conversations smoother and more reliable:
Offline messages: Messages sent while you were offline are now properly retrieved in community chats when you reconnect, so you can pick up where you left off;@everyone mentions: @everyone mentions now work correctly in community channels and private group chats;Shared contacts: Shared contacts received in direct messages now display user names instead of chat keys.
Sam Altman’s Worldcoin: How VanEck, MrBeast, and Wall Street Capitalize on Exploited Biometrics
Ahmed Barakat
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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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On October 18, Tools for Humanity’s World network launched its “World ID for Banking and Finance” suite, with Sam Altman’s firm partnering with Wall Street banks including VanEck, Pantera Capital, and Bain Capital, to counter AI-driven deepfakes via a new integration with Zoom. But behind the glossy enterprise rollout lies a deeply interconnected corporate web designed to turn human biology into institutional liquidity.
As World ID markets itself to global financial institutions as an essential infrastructure layer, uncomfortable questions are mounting over how this biometric database was built, who financed it, and whether everyday retail participants are merely fuel for a highly lucrative financial illusion. While World pitches its “Proof of Human” cryptographic architecture as a high-minded defense against AI impersonation, critics note the network was built by offering crypto incentives to financially vulnerable people willing to submit to Orb verification.
In 2024, an employee at engineering firm Arup transferred $25.6 million after joining a video call where every other participant was a deepfake. Since then, AI has advanced significantly and is making impersonation increasingly convincing, causing challenges for financial… pic.twitter.com/J06gnULw8H
— World (@worldnetwork) October 19, 2026 The pitch sounds timely. Deepfakes threaten financial security, while autonomous AI agents are beginning to transact and communicate on people’s behalf. Yet World is selling trust through a network built partly by offering crypto incentives to people willing to submit to Orb verification.
Now, the commercial opportunity is emerging, justifying the bargain struck with those early participants.
Track WLD Market Movements: Trade Worldcoin on Bybit (New Users Eligible for Share of $1,000 USDT Airdrop)
Worldcoin Human ID Expansion Revives the Orb Exploitation DebateWorld’s latest announcement presents Proof of Human as essential infrastructure for an AI-heavy internet. Its system can establish that someone is a unique human, confirm their presence, or verify selected attributes. World says its cryptographic architecture can provide these assurances without exposing unnecessary personal information.
That is a legitimate use case. The problem is how the network was built and whether people understood what they were joining.
A 2022 investigation by MIT Technology Review documented Worldcoin recruitment practices across several countries, including Kenya and Indonesia. Participants described receiving cryptocurrency, cash, or gifts for signing up, raising fundamental questions about informed consent when financial incentives are offered to people with limited resources.
Source, MIT ReviewReddit discussions in r/degoogle and project forums highlight a related problem. A person who accepts a token incentive is not necessarily an informed, retained user who understands the product.
Anecdotes from the community suggest many of the claimed 18 million verified humans registered primarily to receive rewards, creating a vast disparity between registered biometrics and active user engagement.
Source, RedditIs Wall Street Enterprise Laundering World’s Extracted Data?This disconnect exposes a darker reality as World targets legacy finance: global banking giants are now actively attempting to buy “trust” built on a foundation of asymmetric economic warfare.
Critics argue that by integrating World ID, these initial design partners are effectively laundering an ecosystem built on the backs of unconsenting, low-income individuals.
By outsourcing their identity security to Worldcoin, institutions like Bain Capital and VanEck Funds are legitimizing a system that commodifies and exploits data from the Global South, purchasing an enterprise verification network whose foundational database was harvested by offering pocket-change crypto incentives to financially vulnerable populations.
This is not a theoretical ethical debate; it is a matter of documented legal record:
Judicial Condemnation in Kenya: The High Court of Nairobi ruled in Republic v Tools for Humanity Corporation that Worldcoin’s operations violated the nation’s Data Protection Act, citing unlawful data transfers and invalid consent obtained via cryptocurrency inducement. This ultimately forced the Office of the Data Protection Commissioner (ODPC) to order the permanent deletion of biometric data harvested from over 350,000 citizens. Supreme Court Pushback in Chile: The Supreme Court of Chile similarly ruled that Worldcoin violated constitutional data protection rights, highlighting a severe lack of safeguards and insufficient mechanisms for verifying informed consent. For a banking sector bound by strict international compliance, anti-money laundering frameworks, and consumer protection laws, turning a blind eye to the toxic regulatory history of this biometric pipeline represents a profound failure of corporate due diligence.
It signals that as long as the corporate utility is polished, legacy finance has no issue consuming enterprise architecture built on data extraction that sovereign courts have explicitly ordered to be scrubbed and destroyed.
The Hidden Architecture: Is Distribution as a Financial Illusion in World?While the project frames its current push into banking as a natural evolution of identity infrastructure, market observers point to a deeply interconnected corporate web designed to scale the network through mass retail entertainment.
Connecting the dots…
Sam Altman co-founded World. $ORBS is the largest publicly disclosed institutional holder of $WLD, owns stakes in OpenAI and MrBeast’s Beast Industries, and holds $ETH$BMNR owns $ORBS, has $180M directly invested in Beast Industries and holds almost 5% of… https://t.co/pKFMJTKjMy
— Fernando Pertini | DecodeMarkets (@DecodeMarkets) October 16, 2026 This institutional roadmap exposes the cold, transactional calculus behind the project’s vision. Public market vehicles like Eightco Holdings (NASDAQ: ORBS), backed heavily by institutional investors like Bitmine Immersion (NYSE: BMNR), have accumulated significant treasuries of WLD, alongside massive private-market equity positions in Sam Altman’s OpenAI and Jimmy Donaldson’s Beast Industries (MrBeast).
By treating human identity as mere fuel for an interconnected corporate ecosystem, Worldcoin relies on institutional vehicles like $ORBS and massive distribution partners like MrBeast to passively onboard millions of everyday people into an Ethereum-based Layer-2 network.
Critics argue this model hollows out the authentic definition of “proof of humanity,” reducing it to a clever onboarding mechanism designed to inflate token utility, effectively selling exploited biometric data to Wall Street to drive liquidity upward to large financial backers.
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Sam Altman and Worldcoin Token Unlocks Leave Holders With Another Unanswered QuestionSource – TradingView, WLDUSTD)
World’s expansion also arrives as WLD struggles to sustain its price. WLD bounced to $0.547 on October 17 before falling to $0.478 the following day. Open interest declined 5.1% over 24 hours, while funding turned negative, pointing to weakening short-term market sentiment.
Token supply adds another complication. DeFiLlama lists 10 billion WLD as the maximum supply and approximately 3.819 billion as circulating on October 19, with 58.19% of tokens unlocked. Our analysts estimate 1.02 billion WLD in releases over the following 12 months, worth around $500 million at today’s price.
For sure, unlocks do not automatically mean immediate selling, but investors must weigh potential dilution against evidence of sustainable demand. A banking integration is not proof that enterprise revenue will accrue to WLD holders, nor does a growing verified-human count guarantee meaningful token utility.
That is the uncomfortable bargain at the center of Worldcoin’s expansion. Participants exchanged time, attention, and biometric verification for incentives, while token investors financed a vision whose long-term economics remain uncertain.
World may yet build useful identity infrastructure for the AI era. But if its next chapter depends on banks paying for trust, it must demonstrate more than impressive registration numbers and ambitious partnerships.
It must explain the product clearly, protect participants meaningfully, and show how the economic benefits reach beyond the companies building the network.
Otherwise, World risks turning proof of humanity into proof of a much older problem: the people who supply the raw material do not necessarily share in the value created from it. Should Sam Altman and Worldcoin give their answer?
Worldcoin [WLD] is expanding its influence deeper into the financial sector. In the latest milestone, World rolled out a World ID suite for banks and financial firms.
In recent years, AI has made great advances, making impersonation highly convincing. These advancements have posed major challenges for financial institutions, including those in the crypto sector.
Amid this growth, Worldcoin has positioned itself as a major solution provider, helping to mitigate AI-related risks in the financial sector. For that reason, World rolled out World ID for banking and finance.
The rollout includes an identity wallet app, real-time Zoom verification, and proofs for AI agents that handle transactions. The technology aims to help institutions establish trust through privacy-preserving cryptographic proofs.
According to World Network, a Zoom ID allows meeting participants to confirm that they are the same person who was verified by an orb. At the same time, the ID for agents will allow AI agents to carry proofs delegated by actual people.
In this venture, World has partnered with major institutions on the design. Some of these institutions include Bain Capital, OpenExchange, Outtake, Pantera Capital, and VanEck Funds.
Tiago Sada hailed the rollout, noting that the verification step aims to protect the global financial system against security attacks.
WLD remains stubbornly bearish Despite the announcement, WLD has barely moved on the charts. On the 19th of October, WLD opened at $0.48 and was trading around $0.49 at press time.
Worldcoin’s extended stay below $0.5 is driven by strong selling pressure, with the token facing intense bearish pressure from both the Spot and derivatives markets.
Source: CoinGlass On the Spot side, Worldcoin’s Netflow turned positive for the first time in twelve days. At press time, Spot Netflow was around 1.5 million, marking a reversal from -378k recorded the previous day.
On the derivatives side, sentiment also flipped bearish again. Over the past 24 hours, Worldcoin recorded $234 million in Futures outflows, compared to $215 million in inflows.
Source: CoinGlass With outflows outpacing inflows, Futures Netflow stood at around -$18.9 million, a clear sign of aggressive futures exits.
What’s next? The latest Worldcoin rollout doesn’t seem to have incentivized buyers to return. In fact, market momentum remains bearish.
For starters, the altcoin’s Positive Directional Indicator (+DI) formed a bearish crossover and then fell to 20.
At the same time, the Negative Directional Indicator (-DI) rose to 23. A rising -DI while +DI declines suggests that downside momentum remains strong.
Source: Tradingview The MACD further supports this trend, with the indicator falling to 0.006. Together, the two indicators suggest that bears have gained ground in the market and that the current trend could continue.
Therefore, if selling pressure persists across the market, Worldcoin could extend its stay below $0.5 and drop to $0.45.
However, if the World ID rollout for financial institutions incentivizes buyers to return, we could see a rebound above $0.5 and a move toward $0.55 in the short term.
Final summary Worldcoin rolled out World ID for banks and financial firms, including an identity wallet app, real-time Zoom verification, and proofs for AI agents. However, WLD is in danger of falling to $0.45.
Two independent infrastructure vendors reached the same architectural conclusion: agents should write code instead of calling tools. The tooling layer is standardizing on a pattern nobody has named.
Two independent infrastructure vendors arrived at the same architectural conclusion within months of each other, and the agent tooling layer is quietly standardizing on a pattern that nobody has formally named. Bifrost, the open-source AI gateway from Maxim AI, and Cloudflare, through its Agents SDK, both replaced large MCP tool catalogs with direct code generation. The convergence is not a coincidence. It is a structural signal that the tooling layer is shifting from declarative configuration to imperative execution.
The mechanism is straightforward but significant. Traditional agent architectures rely on tool catalogs – long lists of predefined functions that an LLM can call. Each tool requires a description, a schema, and sometimes a complex chain of dependencies. As agents grow more capable, these catalogs balloon. The input tokens consumed by tool descriptions alone become a significant cost center. Both Bifrost and Cloudflare independently concluded that the solution is to let the agent write code instead of calling tools.
Bifrost’s Code Mode, released in February 2025, replaces large MCP tool catalogs with four generic tools. Instead of presenting the LLM with hundreds of specific tool definitions, Bifrost exposes a Starlark sandbox where the agent writes code directly. Starlark is a Python subset designed for safe, deterministic execution. The result is a 92.8% reduction in input tokens. The agent does not need to know about every tool; it needs to know how to write code that accomplishes the task.
Cloudflare’s Code Mode, part of the open-source Agents SDK, takes a different runtime path to the same architectural conclusion. Introduced in February 2025 and updated through October 2026, Cloudflare’s approach lets LLMs write TypeScript against a typed SDK and execute in a sandboxed Worker via the Dynamic Worker Loader API. The token reduction is approximately 81%. The agent writes code that runs in a production-grade serverless environment, not a sandboxed Python interpreter.
The convergence matters because these are not incremental improvements to existing tool catalogs. They represent a fundamental shift in how agents interact with external systems. As Anthropic’s own engineering team noted in November 2025, code execution with MCP is a natural extension of the tool-use paradigm. But Bifrost and Cloudflare went further: they made code execution the primary interface, not an optional extension.
This pattern connects directly to the infrastructure bottleneck thesis that the industry is now grappling with. The TGVP report identified four layers that need to mature: memory, execution, tooling, and governance. The tooling layer is the one that determines how efficiently agents can interact with external systems. If every agent call requires loading a full tool catalog into context, the cost and latency scale linearly with the number of available tools. Code generation breaks that dependency. The agent can access any tool through code, regardless of whether it was explicitly listed in the catalog.
For builders, the practical implication is clear: the tooling layer is standardizing on code-generation-over-tool-calling. Whether you use Bifrost’s Starlark sandbox or Cloudflare’s TypeScript Workers, the architectural direction is the same. The tool catalog as the primary interface is being replaced by a more flexible, more efficient, and more scalable paradigm. The question is no longer whether agents should write code instead of calling tools. The question is which runtime will dominate the emerging pattern.
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ARK Invest founder Cathie Wood recently stated that memory chips have entered a buy zone, adding that the rapid rise in memory prices and the impact of falling electronics sales have already been partially priced into stocks. In contrast, Michael Hartnett, Chief Investment Strategist at Bank of America Global Research, pointed out that the end of market sell signals does not mark the arrival of a buying opportunity, as two key prerequisites for a return to risk assets remain unmet. The surge in memory chip prices is mainly driven by AI servers crowding out production capacity, with original manufacturers shifting more output to high-bandwidth memory (HBM) and server DDR5, resulting in tightened supply for consumer-grade memory. According to TrendForce data, DRAM contract prices are projected to rise 90%–95% quarter-on-quarter in Q1 2026 and 58%–63% in Q2 2026, while NAND Flash contract prices will increase 55%–60% and 70%–75% respectively in the same periods. Soaring memory costs have also begun to impact the consumer electronics supply chain. Citing IDC data, global smartphone shipments in Q3 2026 fell 22% year-on-year to 255.3 million units. Memory original equipment manufacturers (OEMs) benefit from the price hikes, while end-device brands face the dual challenges of rising costs and weak sales. Key areas to monitor going forward include whether DRAM/NAND contract price gains continue to narrow, whether declines in smartphone and PC shipments improve, whether memory’s share of end-device material costs has peaked, and whether memory OEMs will reallocate production capacity to consumer-grade products.
According to Reuters, AI computing firm Tenstorrent has closed a $1.5 billion Series E funding round, with a post-money valuation of $6.2 billion. The round was led by Trace Capital and Innovation X, with participation from both new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, Sandisk, T. Rowe Price, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets. Tenstorrent will use the funds to scale deployment of its Galaxy servers, continue supporting open-weight models in large language models (LLMs) and video generation, and advance its AI and CPU IP business—licensing its proprietary chip designs to clients.
Charles Hoskinson, Cardano founder, has teased a special gesture if RealFi’s USD stablecoin, sUSDrf, reaches a milestone of $1 million in deposits.
Hoskinson made the remark after Cardano-based DeFi platform Strike Finance disclosed that $70,000 had flowed into its liquidity vault through sUSDrf. Subsequently, RealFi reported that the vault held around $200,000, raising expectations that it could eventually reach the $1 million milestone.
Something Special Incoming? In response to the development, Hoskinson promised to do something special if the vault hits the $1 million target. However, he left the decision open to the community, asking users to suggest what the gesture should be.
If we reach a million, I have to do something special. What should I do? https://t.co/7mI3Y0Lrl7
— Charles Hoskinson (@IOHK_Charles) October 18, 2026
The comment followed an earlier post in which Hoskinson asked whether users would like to create a prediction market on Bodega Market to forecast when the vault would reach $1 million in deposits. Although the timeline remains uncertain, his remarks have sparked interest in what he might do if the vault achieves the target.
RealFi Integration Boosts Strike Finance Liquidity The development comes after Strike Finance integrated RealFi’s yield opportunities into its platform. At the time, Hoskinson announced that RealFi was open for business.
The integration enables users to earn RealFi yields alongside existing Strike Finance vault rewards. Additionally, with eligible collateral, users can borrow USD without interest, while deploying the funds into vaults linked to Strike Liquidity Provider.
Meanwhile, Strike Finance reported that its liquidity vault had surpassed $1 million, with $200,000 flowing into it over the preceding 72 hours through RealFi’s USD stablecoin.
RealFi Could Support Cardano’s Liquidity Growth Hoskinson has positioned RealFi as a project that could attract additional capital to Cardano’s ecosystem and increase its total value locked (TVL). Through its integration with Strike Finance, the project could broaden access to yield opportunities and encourage more users to deploy capital across Cardano-based decentralized finance (DeFi) applications.
However, growth in a single liquidity vault does not necessarily translate into an equivalent increase in Cardano’s overall TVL. The broader impact depends on where the assets are deployed and how the respective platforms account for them.
At press time, Cardano’s TVL stood at $62.77 million, representing a 0.21% decline over the previous 24 hours. Nevertheless, the reported growth in Strike Finance’s vault offers an encouraging sign for the ecosystem. Whether it leads to sustained growth in Cardano’s DeFi liquidity will depend on the platform’s ability to attract and retain capital.
BabyCashCat, a spinoff of the Cash Cat memecoin on Robinhood Chain, jumped 270% in 24 hours to a reported $42 million market cap, per CoinGecko.
BabyCashCat, a spinoff of the Cash Cat memecoin, has surged 270% in 24 hours to a reported market capitalisation of $42 million, according to CoinGecko data. The token is also up 200% over seven days, making it one of the stronger performers in the memecoin market this week.
The token trades on Robinhood Chain, the network where its parent token, Cash Cat ($CASHCAT), first gained traction.
Community model and creator feesBabyCashCat uses a community-driven structure that includes creator fees. Those fees are designed to fund purchases of the parent Cash Cat token, with rewards for eligible holders.
Project details listed by MEXC and CoinMarketCap show the token launched on September 1, 2026, through the Pons launchpad on Robinhood Chain. According to MEXC, the launch carried a 1% Pons trading fee and a separate 1% creator tax, with proceeds intended for community development, marketing, token buybacks and support for the wider Cash Cat narrative. CoinMarketCap lists a fixed maximum supply of 1 billion tokens and presents the project as the baby of Cash Cat.
Price tracker data for small tokens can differ widely by platform and over time. Some aggregators report much lower market capitalisations for BabyCashCat than the $42 million figure cited by CoinGecko, so readers should check live data before drawing conclusions.
Background on the parent tokenCash Cat is a memecoin on Robinhood Chain, the Layer 2 network Robinhood launched on July 1, 2026. Fortune reported that Cash Cat reached a market capitalisation of around $150 million within days of the chain's launch, citing CoinGecko. The name is a callback to the early days of Robinhood, when co-founders Vlad Tenev and Baiju Bhatt first called their company CashCat, per Fortune's reference to a New Yorker profile.
The token is not a Robinhood product. Datawallet notes that Robinhood did not create or endorse it, and that the token later fell more than 90% from its peak as early holders sold into demand. That history is a reminder of how volatile memecoins tied to a single narrative can be.
Spinoff tokens such as BabyCashCat typically rely on the attention of the parent project and on social momentum rather than on product utility. Liquidity is often thin, and sharp gains can reverse quickly. The creator-fee mechanism may add steady buying pressure for Cash Cat, but it does not remove the risks of trading low-liquidity tokens.
This article is for information only and is not investment advice.
Sources:
Fortune: Memecoin traders flock to Robinhood blockchainDatawallet: Cash Cat ExplainedMEXC: What is Baby Cash Cat
Bitcoin infrastructure protocol Echo Protocol announces it will gradually shut down.
Bitcoin infrastructure protocol Echo Protocol announced on social media that it will gradually wind down its operations due to business adjustments. The project team thanked the community, partners, and users for their long-term trust and support in the announcement, and pledged to complete subsequent liquidation work transparently and responsibly. Currently, all core businesses of Echo Protocol have stopped accepting incremental funds. Its lending protocol has halted new deposits, new borrowings, and interest accruals, while strategy and LSD businesses have also suspended new deposits and new staking. The team has opened repayment, withdrawal, and necessary asset liquidation channels, urging users to act promptly: Borrowers must repay debts, release collateral, and withdraw assets as soon as possible; strategy and LSD users should initiate exits and claims early; users holding aBTC can still redeem via the Aptos-to-B2 cross-chain bridge. To ensure orderly liquidation, the announcement specified key deadlines: All borrowers with outstanding debts must repay by November 14, 2026. Unpaid loans after this date will trigger collateral liquidation, with proceeds used to repay lenders. The final deadline for users to complete repayment, withdrawal, and unstaking is 23:59 UTC on November 19, 2026. After this date, Echo Protocol will officially cease operations, with all remaining positions entering the final liquidation and settlement process, and only the Aptos-to-B2 cross-chain bridge redemption service will remain active. Notably, as LSD and Strategy assets depend on the timing of underlying staking/unstaking requests, users' actual claim timelines will be subject to this factor.
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Ethereum falls below $2,400
According to HTX market data, Ethereum has fallen below $2,400 and is currently trading at $2,399.
8 minutes ago
Bitcoin falls below $82,000
According to HTX market data, Bitcoin has fallen below $82,000, currently trading at $81,981.
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BlackRock ETF-associated addresses transfer $143 million worth of BTC and ETH to Coinbase.
According to monitoring by Onchain Lens, a wallet linked to BlackRock’s ETF has just transferred $143.04 million in assets to Coinbase Prime, including 883.001 BTC (worth $72.64 million) and 28,957 ETH (worth $70.4 million).
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U.S. Department of Homeland Security orders DeepSeek products excluded from civilian government agency systems.
The U.S. Department of Homeland Security (DHS) announced Monday that it is ordering the exclusion of information technology products and services developed by Chinese AI firm Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. (DeepSeek) and its affiliated entities from procurement by federal civilian executive branches, and their removal from IT systems of relevant agencies. The notice adds that the order also mandates the removal of all DeepSeek and its affiliates’ products, as well as third-party products and services implemented using DeepSeek’s technology. Issued under the 2018 Federal Acquisition Supply Chain Security Act and its relevant implementing rules, the order follows a review of recommendations and supporting evidence from the Federal Acquisition Security Council.
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US stock market opens, storage sector rallies across the board.
According to market data from BIT (bit.com), the U.S. stock market opened with the Dow Jones Industrial Average down 0.05%, the S&P 500 up 0.54%, and the Nasdaq up 0.9%. SK Hynix (SKHY.O) rose 4.5%, SanDisk (SNDK.O) gained 4.6%, Micron Technology (MU.O) rose 3.7%, Western Digital (WDC.O) gained 3.1%, and NVIDIA (NVDA.O) added 1.4%.
In its quarterly report, Hacken lists 107 incidents and $1.18 billion stolen in the third quarter of 2026 within the crypto sphere. It attributes 77% of this total to audit blind spots: a compromised crypto provider, an undeployed patch, or a component outside the latest review. Only 14% of the losses fall under the last case, and about $384 million were neither recovered nor covered.
In brief
$1.18B stolen in 107 incidents in Q3 2026, a +55% increase over Q2, with the base counting only incidents of at least $250,000, according to Hacken.
Eleven incidents out of 107 (i.e., 10%) concentrate 77% of the losses, according to our calculations based on the Hacken report.
About $384M, or 32% of the total, were neither recovered nor covered by operators, according to Hacken.
What does a crypto audit cover against the $1.18B stolen in the third quarter of 2026?
A crypto audit describes a scope at a given date that itself sells audits, Hacken recalls in its Q3 2026 report. However, three attack vectors concentrated $906.8 million. That represents 77% of the losses, in just 11 incidents (see table below).
The heaviest case is that of the crypto exchange Bitget. According to SlowMist and Mandiant, $387.5 million stolen on September 24, 2026 via a vulnerability in a third-party security product.
Attack VectorLossIncidentsShare of lossesCompromised provider or development tool$411.5M235%Undeployed public patch$324.8M428%Component outside last review$170.5M514%Source: Hacken, Q3 2026 report, October 2026.
Only the last vector targets a component outside review, accounting for $170.5 million. This represents 14% of the losses. In this context, Tectonic accounts for about 70%. According to our calculations, that equals $120 million out of $170.5 million.
Hacken lists four crypto audits there. However, the exploited risk parameters were not within the reviewed scope: $120.4 million were borrowed in a single transaction.
An audit is a piece of evidence, not a legal refuge.
What does this result change for crypto investors?
The $1.18 billion figure is a gross amount. It does not measure the final loss of crypto users in any way. According to Hacken:
about $387 million have been returned or canceled;
about $410 million covered by the operators (including $387.5 million by Bitget’s protection fund);
about $384 million were neither recovered nor covered.
On the crypto regulation side, ESMA launched on July 8, 2026, a common supervisory action on custody by providers authorized under MiCA. National authorities will verify key management, crypto incident response, and third-party dependencies. Hacken sees a model change: crypto licensing becomes the start of continuous supervision.
National controls will continue until the first half of 2027, then ESMA will consolidate their results in a report to its Supervisory Board in the second half of 2027. Until then, Hacken recommends institutional crypto players retest their systems after each update, parameter change, or security alert.
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Ariela R.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
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.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to monitoring by ai_9684xtpa, three addresses suspected to belong to the same entity or a crypto whale redeemed 18.085 million ENA tokens from Ethena and deposited them into Binance over the past hour, with a total value of roughly $3.64 million and an average deposit price of $0.2013.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to monitoring by ai_9684xtpa, three addresses suspected to belong to the same entity or a crypto whale redeemed 18.085 million ENA tokens from Ethena and deposited them into Binance in the past hour, valued at approximately $3.64 million with an average deposit price of $0.2013.
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LayerZero İçin Milyon Dolarlık Kilit Açılışı
LayerZero (ZRO) için haftanın ilk önemli token kilit açılışlarından biri 20 Ekim’de gerçekleşecek. Proje kapsamında yaklaşık 23,28 milyon ZRO tokenının dolaşıma girmesi bekleniyor. Açılacak tokenların toplam piyasa değeri yaklaşık 43,3 milyon dolar seviyesinde bulunurken bu miktar, ZRO’nun mevcut dolaşımdaki arzının yaklaşık %3,83’ünü oluşturuyor. Söz konusu gelişme, özellikle kısa vadeli fiyat hareketlerini takip eden yatırımcıların odağında yer alabilir. Dolaşıma girecek yeni tokenların satışa sunulması durumunda ZRO üzerinde olası bir satış baskısı oluşabilir. Ancak fiyatın nasıl tepki vereceği, piyasa talebi ve yatırımcıların tokenları elde tutma ya da satma tercihleri gibi faktörlere bağlı olacak.
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Plasma (XPL) için önemli token kilit açılışlarından biri 25 Ekim’de gerçekleşecek. Planlanan takvime göre yaklaşık 227 milyon XPL tokenının dolaşıma girmesi bekleniyor. Kilidi açılacak bu miktar, projenin mevcut dolaşımdaki arzının yaklaşık %5,02’sine karşılık geliyor. Tokenların toplam tahmini piyasa değeri ise 17,9 milyon dolar seviyesinde bulunuyor. Bu gelişme, XPL yatırımcılarının önümüzdeki hafta yakından takip edeceği başlıklar arasında yer alıyor. Dolaşımdaki token miktarının artması, özellikle satış yönlü işlemlerin yoğunlaşması durumunda fiyat üzerinde baskı oluşturabilir.
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Oransal açıdan değerlendirildiğinde H, bu hafta token kilidi açılacak üç altcoin arasında dolaşımdaki arza kıyasla en yüksek orana sahip proje olarak öne çıkıyor.
Bu nedenle yatırımcıların H fiyatındaki olası hareketleri ve işlem hacmindeki değişimleri yakından takip etmesi önem taşıyor. Artan token arzının satış baskısı oluşturup oluşturmayacağı ise kilidi açılan tokenların nasıl kullanılacağına, yatırımcıların satış kararlarına ve piyasadaki talep koşullarına bağlı olacak.
Token Unlock Gelişmeleri Altcoin Fiyatlarını Etkiler mi?
Token kilit açılışları, piyasaya yeni tokenların girmesi nedeniyle yatırımcılar tarafından yakından izleniyor. Ancak kilidi açılan tokenların tamamının hemen satılacağı anlamına gelmiyor. Fiyat üzerindeki olası etki; piyasa talebine, token sahiplerinin davranışlarına, genel kripto para piyasasının yönüne ve beklentilerin önceden fiyatlanıp fiyatlanmadığına bağlı olarak değişebilir. 19-25 Ekim haftasında ZRO, XPL ve H yatırımcılarının token arzındaki değişimleri takip etmesi önem taşıyor. Kilit açılışları tek başına fiyat düşüşü anlamına gelmese de piyasadaki oynaklığı etkileyebilecek gelişmeler arasında bulunuyor.
Son Dakika kripto para haberleri için hemen tıkla.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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Binance officially announced that Binance Wallet will distribute the latest Binance Alpha airdrop at 21:00 Beijing Time today. Users holding at least 255 Binance Alpha points can claim the tokens on a first-come, first-served basis, until all tokens in the allocation pool are distributed or the airdrop campaign concludes.
11 minutes ago
ESMA adds 9 new crypto asset service providers, bringing its total number to 375.
The European Securities and Markets Authority (ESMA) has added nine crypto asset service providers (CASPs) to its register under the Markets in Crypto-Assets (MiCA) framework. The new additions include BingX’s Austrian entity MEGE zweite, YouHodler’s Italian subsidiary, and Santander’s Openbank Deutschland, bringing the total number of registered CASPs to 375.
11 minutes ago
QCP: Bitcoin demonstrates resilience against price declines; a drop below the $80,000 to $88,000 range could trigger a sharp repricing.
QCP Capital’s daily market report today noted that Bitcoin traded in a range of $80,000 to $83,000 last week, with strong support near the $80,000 level and showing resilience amid ongoing pressure on tech stocks. AI financing risks continue to simmer: CoreWeave’s 5-year credit default swap (CDS) spread widened to over 1,100 basis points, reflecting market concerns over debt-driven AI investments. On the macro front, higher-than-expected U.S. CPI once pushed 2-year U.S. Treasury yields to 4.9% and 10-year yields above 5.3%; yields later pulled back on defensive demand. Fed Chair nominee Warsh’s comments on Friday also lowered market expectations for an October rate hike to 15%, down from nearly 30% earlier this week. The pullback in U.S. Treasury yields has supported Bitcoin’s rebound.
QCP pointed out that funds are shifting from the semiconductor sector to healthcare and bank stocks, with markets likely reducing exposure to crowded AI trades, though there is no clear evidence of direct inflows into crypto markets so far. Meanwhile, Bitcoin’s implied volatility remains below its one-year average, and market makers’ positive Gamma positions may temporarily cap price swings. However, this stability could weaken as options expire and positions roll over; if Bitcoin breaks sustainably above the $80,000 to $88,000 range, the market may face more sharp price revaluations. This week’s tech giant earnings reports will be a key watchpoint.
11 minutes ago
Placeholder Partner: The current market resembles early bull market opportunities, advising long-term investors to systematically accumulate tokens.
Placeholder co-founder Chris Burniske wrote in a post that long-term crypto investors should not repeatedly agonize over entry or exit points, but instead accumulate tokens in a planned, consistent manner, and must not confuse long-term investing with short-term trading. He advises investors to use their most successful investment as a benchmark to calculate target holdings based on the proportion of each network’s total token supply. For instance, Ethereum (ETH) has a total supply of around 120 million tokens. If an investor once held 10 ETH, applying the network proportion rule would mean holding roughly 53 Solana (SOL) (total supply ~636 million) or 97 Celestia (TIA) (total supply ~1.16 billion). To hold a TIA network share 10 times that of their original ETH holding, they would need approximately 970 TIA. For Zcash (ZEC), whose supply is similar to Bitcoin (BTC), investors can also use their ideal BTC holding amount as a reference to set ZEC accumulation goals. Regarding the current market, Burniske notes that many crypto assets have fallen 20% to over 40% from their peaks, while BTC’s decline is less than 10%. He argues that BTC’s relative resilience so far has already triggered significant adjustments in assets with lower market risk appetite, making the current situation more of an opportunity in the early stages of a bull market rather than a warning sign of a bull trap. Still, he reminds investors to account for the possibility of further price drops, advising them to deploy remaining cash in batches and allocate investment amounts based on the likelihood that different price levels will form local bottoms. It is acceptable even if some preset price levels are never reached, leaving cash reserves. During market downturns or early bull market pullbacks, consistently accumulating target assets with a high-confidence strategy is more important than repeatedly trying to time market fluctuations.
11 minutes ago
BNB Foundation completes its 37th quarterly burn, destroying 1.6462 million BNB.
According to official announcements, the BNB Foundation has completed its 37th quarterly token burn, with a total of 1,646,200 BNB tokens burned in this round, valued at approximately $1.197 billion. Post-burn, BNB’s total circulating supply has fallen to around 131.5 million tokens.
OpenAI is reportedly testing its next-generation image model: three codenamed "Aurora" have emerged, with red and green variants exposed.
Beating AI News Flash: On October 18, developers discovered three mysterious codenames briefly appearing on OpenAI’s API model list: aurora-red-alpha, aurora-green-alpha, and aurora-blue-alpha. All three models are named after Aurora (the Northern Lights). Initially, some netizens speculated they were follow-up experimental builds of GPT-6. But AI model evaluation account Lumina later tested the red and green versions in an Arena image generation blind trial, sharing cat images generated by both. The red version produces images faster, while the green version delivers higher quality. No public samples of the blue version have been made available yet. The community therefore suspects these may be different test iterations of OpenAI’s next-generation image model.
11 minutes ago
Binance: Users with at least 255 points can claim the Alpha airdrop at 21:00 today.
Binance officially announced that Binance Wallet will distribute the latest Binance Alpha airdrop at 21:00 Beijing Time today. Users holding at least 255 Binance Alpha points can claim the tokens on a first-come, first-served basis, until all tokens in the allocation pool are distributed or the airdrop campaign concludes.
11 minutes ago
ESMA adds 9 new crypto asset service providers, bringing its total number to 375.
The European Securities and Markets Authority (ESMA) has added nine crypto asset service providers (CASPs) to its register under the Markets in Crypto-Assets (MiCA) framework. The new additions include BingX’s Austrian entity MEGE zweite, YouHodler’s Italian subsidiary, and Santander’s Openbank Deutschland, bringing the total number of registered CASPs to 375.
11 minutes ago
QCP: Bitcoin demonstrates resilience against price declines; a drop below the $80,000 to $88,000 range could trigger a sharp repricing.
QCP Capital’s daily market report today noted that Bitcoin traded in a range of $80,000 to $83,000 last week, with strong support near the $80,000 level and showing resilience amid ongoing pressure on tech stocks. AI financing risks continue to simmer: CoreWeave’s 5-year credit default swap (CDS) spread widened to over 1,100 basis points, reflecting market concerns over debt-driven AI investments. On the macro front, higher-than-expected U.S. CPI once pushed 2-year U.S. Treasury yields to 4.9% and 10-year yields above 5.3%; yields later pulled back on defensive demand. Fed Chair nominee Warsh’s comments on Friday also lowered market expectations for an October rate hike to 15%, down from nearly 30% earlier this week. The pullback in U.S. Treasury yields has supported Bitcoin’s rebound. QCP pointed out that funds are shifting from the semiconductor sector to healthcare and bank stocks, with markets likely reducing exposure to crowded AI trades, though there is no clear evidence of direct inflows into crypto markets so far. Meanwhile, Bitcoin’s implied volatility remains below its one-year average, and market makers’ positive Gamma positions may temporarily cap price swings. However, this stability could weaken as options expire and positions roll over; if Bitcoin breaks sustainably above the $80,000 to $88,000 range, the market may face more sharp price revaluations. This week’s tech giant earnings reports will be a key watchpoint.
11 minutes ago
Placeholder Partner: The current market resembles early bull market opportunities, advising long-term investors to systematically accumulate tokens.
Placeholder co-founder Chris Burniske wrote in a post that long-term crypto investors should not repeatedly agonize over entry or exit points, but instead accumulate tokens in a planned, consistent manner, and must not confuse long-term investing with short-term trading. He advises investors to use their most successful investment as a benchmark to calculate target holdings based on the proportion of each network’s total token supply. For instance, Ethereum (ETH) has a total supply of around 120 million tokens. If an investor once held 10 ETH, applying the network proportion rule would mean holding roughly 53 Solana (SOL) (total supply ~636 million) or 97 Celestia (TIA) (total supply ~1.16 billion). To hold a TIA network share 10 times that of their original ETH holding, they would need approximately 970 TIA. For Zcash (ZEC), whose supply is similar to Bitcoin (BTC), investors can also use their ideal BTC holding amount as a reference to set ZEC accumulation goals. Regarding the current market, Burniske notes that many crypto assets have fallen 20% to over 40% from their peaks, while BTC’s decline is less than 10%. He argues that BTC’s relative resilience so far has already triggered significant adjustments in assets with lower market risk appetite, making the current situation more of an opportunity in the early stages of a bull market rather than a warning sign of a bull trap. Still, he reminds investors to account for the possibility of further price drops, advising them to deploy remaining cash in batches and allocate investment amounts based on the likelihood that different price levels will form local bottoms. It is acceptable even if some preset price levels are never reached, leaving cash reserves. During market downturns or early bull market pullbacks, consistently accumulating target assets with a high-confidence strategy is more important than repeatedly trying to time market fluctuations.
11 minutes ago
BNB Foundation completes its 37th quarterly burn, destroying 1.6462 million BNB.
According to official announcements, the BNB Foundation has completed its 37th quarterly token burn, with a total of 1,646,200 BNB tokens burned in this round, valued at approximately $1.197 billion. Post-burn, BNB’s total circulating supply has fallen to around 131.5 million tokens.
Aster officials announced in a statement that from 00:00 UTC on October 5, 2026 to 00:00 UTC on October 19, 2026, 99% of the platform’s daily fees were used for token buybacks, totaling 2,721,732.41 ASTER tokens for stakers. An equivalent amount of ASTER tokens allocated to the team has also been burned. Since the project adopted an upgraded token economic model on June 17, 2026, cumulative ASTER burns have reached 32,307,874.94, bringing the project’s total historical cumulative burn to 210,088,876.51. As of October 19, Aster’s estimated annualized staking yields are 4.53% for a 26-week lock-up and 24.8% for a 208-week lock-up; actual yields may differ.
Nasdaq 100 futures climbed nearly 1% early Monday, challenging social media predictions that markets would open into a "Black Monday" crash.
Crypto analyst Sykodelic posted on X early Monday that Bitcoin’s daily chart shows a breakout and retest of its previous high and its 50 EMA, a moving-average trend line, and told jittery traders to relax.
The post lands as “Black Monday” crash calls circulate online while US stock futures point higher.
Bitcoin Chart Breakout Meets Black Monday Fears
In the October 19 post, Sykodelic wrote that “the timeline has been in the depths of despair” even as Bitcoin’s daily chart appeared to show “a breakout and retest of the previous high, and 50 EMA.”
The trader called the bearish mood “emotional and irrational” and added:
“There are definitely times to be cautious of price action. But at this time, with this move, this is not one of them.”
Ash Crypto struck a similar note around the same time:
“If people are calling for a Black Monday, it probably won’t happen.”
Markets rarely move the way everyone expects, the account added, pointing out that fear is a poor basis for decisions. Hours into the supposed crash, the Kobeissi Letter pointed to Nasdaq 100 futures up nearly 1% and an S&P 500 set to add $350 billion in market cap at the open. “This aged well,” it wrote.
Meanwhile, at the time of writing, Bitcoin was recovering toward $83,000 after also gaining 1% in 24 hours, although it was down by the same percentage across seven days, with its share of the total crypto market value at over 58% in a market worth about $2.83 trillion, per CoinGecko.
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BTC, ETH, AI Stock Perpetuals Suddenly Dump as ‘Black Monday’ Fears Surge
Ethereum, around $2,400, is down 4.6% since last Monday, and other large altcoins have fared worse, including XRP, which, at $1.31, has lost almost 7% in seven days, while Solana, near $106, has dropped by more than 5% in the last week. Monero stands out with an 11% gain in the same period.
Recent Losses Explain the Nervous Mood
Sykodelic’s optimism comes after a difficult week for crypto. As CryptoPotato reported yesterday, Bitcoin briefly fell from around $81,600 to $80,750 during a weekend flash crash before recovering, while ETH and AI-linked stock perpetuals also dropped and rebounded.
Inflation data had already weighed on prices, with September consumer inflation coming in slightly above expectations, and producer prices posted their largest monthly increase in more than four years. Bitcoin briefly slipped below $80,000, its first dip under that level in about a month, before recovering.
The Kobeissi Letter, in an October 15 analysis, described a “stealth” bear market beneath the S&P 500’s headline performance, claiming 84% of its constituents were at least 10% below their highs and that just 10 stocks accounted for 70% of the index’s gain since March 30.
Bitcoin mining offshoot loses Microsoft AI deal as power delay stretches into 2030s. (Winston Chen/Unsplash)Summary
Microsoft abandoned a planned Nscale AI data center in the U.K. after the local grid operator said sufficient power might not be available until the early-to-mid 2030s.The facility was expected to supply 50 megawatts of computing capacity to Microsoft’s Azure cloud by early 2027, using 23,040 Nvidia chips.The setback highlights the power and financing challenges facing bitcoin miners expanding into AI infrastructure, as U.K. data center grid-connection requests total about 73 gigawatts.Technology giant Microsoft MSFT walked away from a planned U.K. AI data center run by Nscale, a company spun out of bitcoin BTC$82,180.68 mining, after the local grid operator said it may not be able to power the site for a decade.
The site in Loughton, Essex, about 6 miles northeast of London, was meant to house 23,040 Nvidia chips and supply 50 megawatts of computing to Microsoft’s Azure cloud by early 2027, according to the Guardian, which followed initial reporting by the Financial Times. UK Power Networks, which runs the local grid, told Nscale there may not be enough capacity until the early-to-mid 2030s.
Nscale announced the project last year alongside Microsoft, Nvidia NVDA and OpenAI. When the Guardian visited in February, the site was still a working scaffolding yard. Nscale has since cleared the location and is looking at other ways to bring in power. It said its other Microsoft contracts remain in place.
Nscale grew out of Arkon Energy, which built sites for bitcoin mining. Its founder, Josh Payne, took that experience in locking down land and power and turned it into a business selling computing to AI companies. Much of the listed mining industry is now running that playbook.
When CoinDesk looked at the industry shift in March, public miners had announced more than $70 billion in AI and high-performance computing contracts. They had also cut their combined bitcoin holdings by more than 15,000 BTC from their peaks, partly by selling coins to pay for the buildout.
Mining was already getting squeezed then. The report put the average listed miner’s cash cost to produce one bitcoin near $80,000 in the fourth quarter of 2025, and bitcoin was trading around $70,000 by March.
AI contracts pay steadily for years, but the sites are far more expensive to build. Estimates suggest an AI-ready facility runs $8 million to $15 million per megawatt, compared with roughly $700,000 to $1 million for bitcoin mining, and AI customers expect the servers to stay up around the clock.
The money also takes time to show up. In its latest mining report, fund manager CoinShares counted more than 4 gigawatts of AI capacity under contract across the miners it tracks, with only about 550 megawatts actually billing customers. Contract backlogs topped $100 billion, while annualized AI revenue stood at just over $1 billion.
Unless Nscale finds its own power or gets the grid to move a lot faster, the site it just cleared could sit idle for years.
Mt. Gox has moved its creditor repayment deadline from Oct. 31, 2026, to Oct. 31, 2027, after receiving court approval.
Trustee Nobuaki Kobayashi said many creditors remain unpaid due to incomplete procedures or problems during processing.
Base, Early Lump-Sum and Intermediate Repayments are largely complete for creditors who met all requirements.
The notice did not share how many creditors are unpaid or how much Bitcoin is left to distribute.
Mt. Gox held more than 34,500 BTC in June 2026, after moving 10,422 BTC worth about $739 million.
Mt. Gox has moved its creditor repayment deadline back by one year. The new deadline is Oct. 31, 2027, after a court approved the change.
The deadline had been set for Oct. 31, 2026. The extension gives creditors more time to finish the steps needed to receive their funds.
The change was announced in an Oct. 16 notice from rehabilitation trustee Nobuaki Kobayashi. He said many creditors still have not been paid.
Why Mt. Gox Extended the Bitcoin Repayment Deadline
Kobayashi said some creditors have not completed the required procedures. Others finished the steps but ran into problems while their payments were being processed.
According to the trustee, Base Repayment, Early Lump-Sum Repayment and Intermediate Repayment are largely complete. This applies to creditors who submitted the right information and had no issues.
The court-approved extension gives the trustee 12 more months to keep making payments. Distributions will continue where repayment remains reasonably practicable.
The notice did not add a new repayment category. It also did not change the amounts creditors are entitled to receive.
The announcement did not give an updated count of unpaid creditors. It also did not say how much Bitcoin or other assets are left, or give a timetable for individual payments.
A Long History of Delays
The original repayment target was October 2023. Since then, the deadline has been pushed back several times.
In October 2024, the trustee moved the deadline to October 2025. In October 2025, it was moved again to Oct. 31, 2026. At that time, about 19,500 creditors had received payments.
Mt. Gox was a Tokyo-based exchange that once handled about 70% of global Bitcoin trading. It filed for bankruptcy in 2014 after losing about 850,000 BTC.
The exchange later entered civil rehabilitation. Repayments in Bitcoin and Bitcoin Cash began in July 2024 through exchanges including Kraken and Bitstamp. Custodian BitGo also received Bitcoin as part of the process.
Kraken confirmed it received creditor funds on July 16, 2024. It then began crediting eligible users, some of whom had waited more than a decade.
Mt. Gox still held large Bitcoin reserves this year. On June 2, it moved 10,422 BTC worth about $739 million, according to blockchain data cited by Arkham Intelligence.
At the time of that June report, Mt. Gox held more than 34,500 BTC. Those figures are historical and do not show the current balance.
The Oct. 16 notice did not disclose a new wallet balance or confirm further transfers. It also did not name any exchange set to receive another distribution.
Creditors can also use a separate inquiry form without logging in. However, the trustee said identity verification may be harder in those cases.
Creditors can send questions through the online rehabilitation claims system. The trustee warned that responses may be delayed because of the high volume of inquiries.
ARB and RAY has rocketed the most over the past day, while TIA and STRK have posted the biggest losses.
After dipping to $80,500 once again on Sunday, bitcoin has rebounded swiftly and tapped $83,000 earlier today for the first time since the CPI-induced nosedive in the middle of the previous week.
Most altcoins are also up in the green today, defying expectations for a Black Monday as markets opened earlier. At least for now.
No Black Monday? The CPI and PPI announcements on October 14 and 15 last week brought a new wave of concern in the markets that inflation is not going down, as both metrics exceeded expectations. Naturally, risk-on assets such as bitcoin felt the pressure. BTC dumped from over $84,000 to a monthly low of just under $80,000 in about 24 hours.
It reacted well to this major leg down and jumped to $82,800. However, it was rejected again on Friday alongside most financial markets and dipped below $81,000 again. The weekend was somewhat strange in terms of price action. Instead of the usual dull movement, there was a flash crash on Saturday evening, which intensified the calls for a Black Monday, as it happened 39 years ago.
Analysts were predicting another massive black swan event as markets started to open on Monday morning, but that hasn’t been the case so far. Just the opposite: the US futures markets are in the green, and so is BTC. The leading cryptocurrency is up by over 1% today and sits around $83,000.
Its market cap has climbed to $1.660 trillion, while its dominance over the alts is well above 60%.
BTCUSD October 19. Source: TradingView Alts in Green Too Ethereum has defended the $2,400 support after a mild increase since yesterday. XRP is also above a key support level, currently trading close to $1.32. SOL, HYPE, XMR, LINK, NEAR, and BCH have marked similar increases, while ZEC is up by 2.6% to $1,170.
The biggest gains today come from ARB (9%) and RAY (7%), while TIA, STRK, and BTW have posted the most substantial losses.
The cumulative market cap of all crypto assets has increased by over 1% on a 24-hour scale, and now sits at $2.760 trillion on CMC.
Cryptocurrency Market Overview October 19. Source: QuantifyCrypto Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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Is MARA Selling Bitcoin? Wallets linked to MARA Holdings sent 1,000 BTC, worth about $82.8 million, to Binance and Gate over five days, renewing speculation that the miner may sell part of its Bitcoin treasury. Lookonchain flagged the transfers as the second large MARA-linked movement it had identified in October.
Blockchain records show Bitcoin arriving at addresses associated with Galaxy Digital, Binance and Gate. The earlier October transfer involved 996 BTC, valued at about $81.13 million, moving to a Galaxy Digital address. Lookonchain flagged that movement on October 9, like the latest exchange deposits.
That uncertainty fits a market question about how investors interpret activity around MARA’s crypto-market exposure. The wallet attribution is linked to addresses associated with the company.
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Has MARA Ever Sold Its Bitcoin? The 1,000 BTC is a Fraction of Disclosed HoldingsMARA reported holding 35,577 BTC at the end of June, including 9,270 BTC that had been loaned out or pledged as collateral. Against that reported total, the latest 1,000 BTC represents roughly 2.8% of holdings, a meaningful flow to monitor but not a measure of realized selling pressure.
The company had already demonstrated that it will sell Bitcoin when it sees a reason to do so. MARA was selling 2,213 Bitcoin during the second quarter at an average price of $73,078, and separately sold 15,133 BTC in March to fund convertible-debt buybacks.
MARA also said it expected to continue selling Bitcoin opportunistically. That policy makes a sale a plausible interpretation of the exchange deposits, but it does not establish that these particular coins were sold; the distinction is central to assessing the potential supply impact.
For a market already tracking fund flows, persistent Bitcoin ETF outflows provide a separate supply-and-demand consideration.
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Bitcoin Price Context and The Next Verification PointBitcoin just breached $83,000, up 1.5% over 24 hours but still down since October 1. The market also shows thin liquidity, weaker ETF demand, and geopolitical risk as October headwinds, conditions that can amplify concern about a potential large seller.
The wider risk backdrop was mixed: Brent crude had fallen more than 2.2% to $107.95 after touching $110, while Nasdaq 100 futures were up 1% and S&P 500 futures had gained 0.7%. Bitcoin’s rebound from lower levels therefore did not remove the near-term question of whether additional miner supply would meet sufficient demand.
MARA’s third-quarter results are the next company reporting checkpoint for how many of the deposited coins, if any, were sold. Until those disclosures or other evidence establish a disposal, the accurate description is an exchange inflow that has stirred fresh Bitcoin selling speculation.
OpenAI is reportedly testing its next-generation image model: three codenamed "Aurora" have emerged, with red and green variants exposed.
Beating AI News Flash: On October 18, developers discovered three mysterious codenames briefly appearing on OpenAI’s API model list: aurora-red-alpha, aurora-green-alpha, and aurora-blue-alpha. All three models are named after Aurora (the Northern Lights). Initially, some netizens speculated they were follow-up experimental builds of GPT-6. But AI model evaluation account Lumina later tested the red and green versions in an Arena image generation blind trial, sharing cat images generated by both. The red version produces images faster, while the green version delivers higher quality. No public samples of the blue version have been made available yet. The community therefore suspects these may be different test iterations of OpenAI’s next-generation image model.
3 minutes ago
Binance: Users with at least 255 points can claim the Alpha airdrop at 21:00 today.
Binance officially announced that Binance Wallet will distribute the latest Binance Alpha airdrop at 21:00 Beijing Time today. Users holding at least 255 Binance Alpha points can claim the tokens on a first-come, first-served basis, until all tokens in the allocation pool are distributed or the airdrop campaign concludes.
3 minutes ago
ESMA adds 9 new crypto asset service providers, bringing its total number to 375.
The European Securities and Markets Authority (ESMA) has added nine crypto asset service providers (CASPs) to its register under the Markets in Crypto-Assets (MiCA) framework. The new additions include BingX’s Austrian entity MEGE zweite, YouHodler’s Italian subsidiary, and Santander’s Openbank Deutschland, bringing the total number of registered CASPs to 375.
3 minutes ago
QCP: Bitcoin demonstrates resilience against price declines; a drop below the $80,000 to $88,000 range could trigger a sharp repricing.
QCP Capital’s daily market report today noted that Bitcoin traded in a range of $80,000 to $83,000 last week, with strong support near the $80,000 level and showing resilience amid ongoing pressure on tech stocks. AI financing risks continue to simmer: CoreWeave’s 5-year credit default swap (CDS) spread widened to over 1,100 basis points, reflecting market concerns over debt-driven AI investments. On the macro front, higher-than-expected U.S. CPI once pushed 2-year U.S. Treasury yields to 4.9% and 10-year yields above 5.3%; yields later pulled back on defensive demand. Fed Chair nominee Warsh’s comments on Friday also lowered market expectations for an October rate hike to 15%, down from nearly 30% earlier this week. The pullback in U.S. Treasury yields has supported Bitcoin’s rebound. QCP pointed out that funds are shifting from the semiconductor sector to healthcare and bank stocks, with markets likely reducing exposure to crowded AI trades, though there is no clear evidence of direct inflows into crypto markets so far. Meanwhile, Bitcoin’s implied volatility remains below its one-year average, and market makers’ positive Gamma positions may temporarily cap price swings. However, this stability could weaken as options expire and positions roll over; if Bitcoin breaks sustainably above the $80,000 to $88,000 range, the market may face more sharp price revaluations. This week’s tech giant earnings reports will be a key watchpoint.
3 minutes ago
Placeholder Partner: The current market resembles early bull market opportunities, advising long-term investors to systematically accumulate tokens.
Placeholder co-founder Chris Burniske wrote in a post that long-term crypto investors should not repeatedly agonize over entry or exit points, but instead accumulate tokens in a planned, consistent manner, and must not confuse long-term investing with short-term trading. He advises investors to use their most successful investment as a benchmark to calculate target holdings based on the proportion of each network’s total token supply. For instance, Ethereum (ETH) has a total supply of around 120 million tokens. If an investor once held 10 ETH, applying the network proportion rule would mean holding roughly 53 Solana (SOL) (total supply ~636 million) or 97 Celestia (TIA) (total supply ~1.16 billion). To hold a TIA network share 10 times that of their original ETH holding, they would need approximately 970 TIA. For Zcash (ZEC), whose supply is similar to Bitcoin (BTC), investors can also use their ideal BTC holding amount as a reference to set ZEC accumulation goals. Regarding the current market, Burniske notes that many crypto assets have fallen 20% to over 40% from their peaks, while BTC’s decline is less than 10%. He argues that BTC’s relative resilience so far has already triggered significant adjustments in assets with lower market risk appetite, making the current situation more of an opportunity in the early stages of a bull market rather than a warning sign of a bull trap. Still, he reminds investors to account for the possibility of further price drops, advising them to deploy remaining cash in batches and allocate investment amounts based on the likelihood that different price levels will form local bottoms. It is acceptable even if some preset price levels are never reached, leaving cash reserves. During market downturns or early bull market pullbacks, consistently accumulating target assets with a high-confidence strategy is more important than repeatedly trying to time market fluctuations.
3 minutes ago
BNB Foundation completes its 37th quarterly burn, destroying 1.6462 million BNB.
According to official announcements, the BNB Foundation has completed its 37th quarterly token burn, with a total of 1,646,200 BNB tokens burned in this round, valued at approximately $1.197 billion. Post-burn, BNB’s total circulating supply has fallen to around 131.5 million tokens.
Bitcoin has climbed above $82,000 despite growing warnings of a possible Black Monday sell-off, as crypto investors weigh rising social media concerns against recent ETF withdrawals and signs of recovery in the broeder market.
Summary
Bitcoin recovered above $82,000 as social media warnings of another Black Monday attracted widespread attention online. Santiment reported 176 Black Monday mentions on October 18, far exceeding the previous daily average recorded. US spot Bitcoin ETFs lost roughly $229 million last week, with BlackRock leading withdrawals among funds. Analysts identified $81,000 as important support, while stronger recovery signals require Bitcoin to reclaim higher resistance. A Bitcoin wallet inactive since 2013 moved approximately 411 BTC worth $34 million to another address. According to CoinGecko, Bitcoin traded near $82,795 at press time, gaining 1.13% over the previous 24 hours while remaining 1.37% lower over seven days. The cryptocurrency recorded approximately $25.4 billion in daily trading volume, with its market capitalization standing near $1.66 trillion.
The recovery followed a difficult week for financial markets, during which Bitcoin briefly fell below $80,000. Technology stocks faced selling pressure, oil prices remained elevated, and investors continued assessing the possibility of tighter monetary policy.
However, Bitcoin finished October 18 near $82,000 despite predictions that October 19 could bring another major market decline. The warnings coincided with the 39th anniversary of the October 19, 1987, stock market crash.
Bitcoin’s Black Monday fears push social activity higher Blockchain analytics firm Santiment reported a substantial rise in discussions about a potential Black Monday across cryptocurrency social media.
Mentions of the phrase reached 176 on October 18, compared with fewer than two mentions per day on average during the preceding 60 days. The figures showed how quickly expectations of a major sell-off had spread among market participants ahead of Monday’s trading session.
The busiest six-hour period occurred between 18:00 and 24:00 UTC, when Santiment counted 82 mentions. That period coincided with the reopening of US stock index futures, when traders began reacting to developments from the weekend.
“Black Monday” was crypto social media’s call for Oct 19, the 39th anniversary of the 1987 crash. Bitcoin ended the Sunday before it higher.
📊 Mentions of “black monday” reached 176 on Oct 18, against fewer than 2 a day on average over the previous 60 days.
🧭 The busiest 6h… pic.twitter.com/J6SMoibEzi
— Santiment Intelligence (@SantimentData) October 19, 2026 General references to a market crash reached 105 mentions, which Santiment described as unusually high for a Sunday. However, the figure remained within the range recorded over the preceding 90 days, suggesting that broader crash discussions had not reached an unprecedented level.
Santiment compared the latest readings with a smaller rise in negative sentiment on September 14. Bitcoin declined approximately 3% the following day, although the firm cautioned that similar sentiment signals had previously preceded different market outcomes.
The data measures discussions about a possible crash, not the probability that one will occur. Social media activity can rise in response to warnings, bearish forecasts and traders debating potential market movements.
The current price recovery provides one example of that distinction, with Bitcoin trading higher on Monday despite the unusually large number of negative predictions.
Bitcoin ETFs lose $229 million as institutional demand weakens Institutional investment activity presented a different picture during the week ending October 16, when US spot Bitcoin ETFs recorded approximately $228.6 million in net withdrawals.
According to the October 12–16 fund-flow figures, BlackRock’s iShares Bitcoin Trust, IBIT, experienced approximately $165 million in outflows. Fidelity’s FBTC recorded around $60 million in withdrawals during the same period.
The selling was concentrated in several trading sessions, including Wednesday, October 14, when Bitcoin ETFs lost approximately $261 million. Tuesday’s $176 million inflow was insufficient to offset withdrawals recorded during the remaining sessions.
As crypto.news reported in its weekly review, Ethereum ETFs recorded approximately $320.1 million in withdrawals, exceeding Bitcoin fund outflows by nearly $92 million. Across five tracked cryptocurrency ETF categories, the combined withdrawals reached $610.7 million.
The figures describe net changes in investor subscriptions and redemptions, not the trading losses experienced by all investors holding ETF shares. Fund assets can fall because market prices decline even when investors do not withdraw their holdings.
The latest Bitcoin ETF losses followed approximately $679 million in withdrawals during the preceding week. Although the October 12–16 figure was smaller, the two consecutive negative weeks indicated that institutional demand remained uneven.
Market conditions improved somewhat on Monday, supported by stronger-than-expected Chinese economic growth and lower oil prices. China’s economy expanded 4.5% year over year in the third quarter, while oil prices declined after developments involving US restrictions on Russian energy.
Analysts watch $81,000 as Bitcoin attempts to recover Despite the daily recovery, several analysts continued watching technical levels that could determine whether Bitcoin can sustain its move higher.
Crypto analyst Ted noted that Bitcoin had managed another weekly close above $82,000 despite weakness in technology shares, oil trading above $100 and elevated market volatility.
He identified $84,500 as a level Bitcoin would need to reclaim to demonstrate stronger upward momentum. Without that recovery, he warned that another move below $80,000 remained possible.
Worst week for Nasdaq in 18 months.
Oil > $100.
VIX above 22.
And still, $BTC managed another weekly close above $82,000.
But that doesn't mean it's completely in a safe zone.
For strong momentum, Bitcoin needs to reclaim $84,500, or else we could see another correction below… pic.twitter.com/BXRYCdJIaS
— Ted (@TedPillows) October 19, 2026 Analyst Ali Martinez identified $81,000 as the lower boundary of a rising price channel on Bitcoin’s daily chart. He suggested that continued buying around that area could support a recovery toward $84,000, followed by $86,500.
A sustained decline below $81,000 would weaken that chart pattern, according to Martinez, who identified $76,000 as a lower level to watch. His analysis describes conditional scenarios based on technical indicators, not confirmed future price movements.
A separate assessment from Crypto Patel outlined a longer-term bullish chart structure, identifying $89,000 as resistance and $75,600 as support. The analyst placed another possible retest level near $66,700, with the bullish pattern considered invalid below approximately $59,800.
Patel’s upside projections included 90,000–100,000, with $125,000 as an extended target if the bullish structure continues developing. Those forecasts depend on future price movements and do not establish that Bitcoin has completed its correction.
BITCOIN BULLISH STRUCTURE CONFIRMED BUT THE $66.6K RETEST IS KEY!$BTC has confirmed a bullish CHoCH on the 2D timeframe, reclaiming market structure after months of downside pressure.
— Crypto Patel (@CryptoPatel) October 19, 2026 CoinGecko’s reported seven-day range of 79,806–84,074 shows that Bitcoin has recently traded within the levels highlighted by several analysts. The token remained approximately 34.4% below its $126,080 all-time high at the reporting snapshot.
Bitcoin’s $1 million prediction contrasts with current price action While short-term traders monitored the $80,000 region, analyst Michaël van de Poppe discussed a much larger potential move during the current market cycle.
In an October 17 post, van de Poppe shared a long-term Bitcoin chart drawing comparisons with previous market cycles and the technology boom of the late 1990s.
His analysis suggested that Bitcoin could experience a powerful speculative rally before eventually undergoing another major correction. The discussion included a possible $1 million price during the cycle, although no timetable or guaranteed outcome was established.
The chart referenced by van de Poppe placed a conservative long-term projection near $197,000 by 2030, using a trendline connecting five earlier Bitcoin cycle lows. Historical trendlines provide one method of examining price behavior, but previous cycles do not reliably determine future valuations.
Bitwise Chief Investment Officer Matt Hougan has separately argued that Bitcoin could eventually reach $1 million by capturing more demand from investors seeking stores of value. His framework compares Bitcoin with established assets used for long-term wealth preservation.
A rise from the reported $82,795 price to $1 million would require Bitcoin to appreciate approximately 1,108%. At its maximum supply of 21 million coins, a $1 million Bitcoin price would imply a fully diluted value of $21 trillion.
The calculation illustrates the scale of the forecast without establishing whether such demand will develop. Bitcoin’s current market value remains substantially below that theoretical figure.
Dormant Bitcoin whale moves $34 million after 13 years Blockchain activity provided another development over the weekend as a long-inactive Bitcoin wallet transferred approximately 411.45 BTC to a new address.
According to Arkham Intelligence wallet records, the original address had held most of the coins since September 2013. Bitcoin traded near $131 when the wallet received approximately 411 BTC, placing the historical value of that balance near $54,000.
The transfer occurred on October 18 at approximately 18:23 UTC, moving the coins to a newer SegWit address. At a Bitcoin price near $82,795, the 411.45 BTC balance would be worth approximately $34.1 million.
The original address can be examined through Arkham’s wallet records, while the receiving address is listed on the Bitcoin explorer.
The destination was not identified as an exchange in the supplied blockchain analysis, and no subsequent outgoing transaction was reported at that checkpoint. A transfer between wallets does not establish that the owner has sold the Bitcoin.
The movement follows other large transfers involving long-dormant holders. Earlier in October, another Bitcoin whale transferred 4,582 BTC worth approximately $377.6 million after remaining inactive for more than six years.
A separate August dormant-wallet movement involved more than 1,300 BTC transferred from older addresses, with blockchain analysis finding no confirmed exchange destination for the main group of transactions.
The October 18 receiving wallet uses a newer SegWit address format, which can provide lower transaction fees than older transaction formats. The original wallet’s history included small unsolicited deposits, some associated with address-poisoning attempts, according to the supplied blockchain analysis.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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Did the last 24 hours signal Bitcoin’s next bullish November rally?
Historically, November has been the most bullish month for Bitcoin, with average returns of more than 40%. This year, however, it might not be so simple.
With the U.S. midterm elections looming in early November, risky assets could see increased volatility. Moreover, Bitcoin has been range-bound around $80k for more than four weeks, and rising leverage could lead to sudden liquidations and a sharp liquidity crunch.
However, history does provide a bullish scenario. In November 2024, BTC rallied more than 30% after the U.S. presidential election, fueled by optimism about U.S. President Donald Trump’s pro-crypto policies.
Bitcoin’s resilience could lead to another November rally, but rising leverage and the uncertainty of the election could create a bull trap.
Source: X
According to AMBCrypto, this is where the last 24 hours begin to make sense.
The “Black Monday” narrative started circulating on social media as fears of an AI bubble and a possible US stock market crash mounted. With October 19 falling on the anniversary of the 1987 crash, fears of history repeating itself added to the panic.
Dow Jones fell 22.6% in a single day back then, causing the global markets to take a beating, with the Federal Reserve stepping in to shore up liquidity.
Bitcoin [BTC], however, held up. With BTC trading near a key support zone, fresh bearish pressure could have prompted a breakdown and a wave of liquidations.
Instead, BTC gained over 0.8% intraday and continued to consolidate. This relative strength puts Bitcoin dominance (BTC.D) in focus, with the latest price action raising the possibility of another November rally.
Bitcoin defies market fear as investor greed returns
In risky markets, capital tends to flow into altcoins in search of quick profits.
This trend is particularly intriguing in the context of Bitcoin’s resistance, as uncertainty can lead to a rotation into altcoins. However, at the moment, there is little evidence of this taking place.
In fact, investors seem to be betting on BTC as the long-term macro-hedge, rather than taking profits in short-dated altcoins. Bitcoin dominance (BTC.D) is a useful metric for understanding this dynamic.
Technically, BTC.D is in the green intraday, pushing towards the 60.8% area. A clean break above 61% would mark its first move above this level since early May.
Meanwhile, Bitcoin’s Fear and Greed Index has recovered by over 11% in the past 24 hours, staying in the greed zone despite the Black Monday FUD.
Source: alternative.me
Given that BTC.D is testing resistance, and sentiment is recovering; a breakout above 61% is highly likely.
In this context, Bitcoin’s resilience in the face of macro FUD may be an early sign of investors buying into a bullish November. If this trend continues, BTC could see a repeat of the November 2024-style post-election rally, with increasing BTC.D adding fuel to the bullish scenario.
Final Summary
Bitcoin held firm despite Black Monday fears, while market sentiment returned to greed.
BTC.D is nearing 61% resistance, with a breakout potentially setting up a November rally.
Bitcoin, the leading cryptocurrency, has recovered after falling below $80,000 last week and is trading around $82,700 at the start of the new week.
While expectations for Bitcoin’s price at the end of 2026 remain high, they are declining due to uncertainties surrounding the trajectory of inflation in the US and the Federal Reserve’s interest rate policy.
At this point, Bitwise predicts that Bitcoin could rise above $100,000 with the support of institutional investor demand and regulatory developments, while LOTECH expects a more limited increase.
Is it Possible for Bitcoin to Surpass $100,000? Speaking to CoinDesk, Bitwise Research Director Ryan Rasmussen stated that Bitcoin could end the year at higher levels, potentially above $100,000.
Rasmussen cited purchases through ETFs and companies, a shift towards alternative assets in the face of rising public debt, and reduced regulatory uncertainty in the cryptocurrency market as key factors supporting the rise.
However, the analyst added that market volatility could occur ahead of a potential Fed interest rate hike and the US midterm elections.
There Are More Cautious Predictions Too! Cryptocurrency company LO:TECH, however, takes a more cautious view. LO analyst Adam Morgan McCarthy states that he expects Bitcoin to trade between $85,000 and $95,000 by the end of the year.
McCarthy stated that the 0.6% monthly increase in US consumer prices in September and the 0.3% rise in core inflation increased uncertainty regarding interest rate policy, and that markets were pricing in a probability of approximately 75% for an additional rate hike in December following the Fed’s September increase, indicating continued pressure on monetary policy.
At this point, according to McCarthy, for the $100,000 level to be surpassed, inflation and oil prices need to decline, and expectations of interest rate increases need to give way to a more cautious policy.
Corporate Funding Inflows Will Be Decisive! Finally, CoinShares Research Director James Butterfill noted that despite $11.1 billion in inflows into cryptocurrency investment products since mid-July, purchases have slowed. According to Butterfill, institutional investors need to continue injecting capital for a sustained rise.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
OpenAI is reportedly testing its next-generation image model: three codenamed "Aurora" have emerged, with red and green variants exposed.
Beating AI News Flash: On October 18, developers discovered three mysterious codenames briefly appearing on OpenAI’s API model list: aurora-red-alpha, aurora-green-alpha, and aurora-blue-alpha. All three models are named after Aurora (the Northern Lights). Initially, some netizens speculated they were follow-up experimental builds of GPT-6. But AI model evaluation account Lumina later tested the red and green versions in an Arena image generation blind trial, sharing cat images generated by both. The red version produces images faster, while the green version delivers higher quality. No public samples of the blue version have been made available yet. The community therefore suspects these may be different test iterations of OpenAI’s next-generation image model.
3 minutes ago
Binance: Users with at least 255 points can claim the Alpha airdrop at 21:00 today.
Binance officially announced that Binance Wallet will distribute the latest Binance Alpha airdrop at 21:00 Beijing Time today. Users holding at least 255 Binance Alpha points can claim the tokens on a first-come, first-served basis, until all tokens in the allocation pool are distributed or the airdrop campaign concludes.
3 minutes ago
ESMA adds 9 new crypto asset service providers, bringing its total number to 375.
The European Securities and Markets Authority (ESMA) has added nine crypto asset service providers (CASPs) to its register under the Markets in Crypto-Assets (MiCA) framework. The new additions include BingX’s Austrian entity MEGE zweite, YouHodler’s Italian subsidiary, and Santander’s Openbank Deutschland, bringing the total number of registered CASPs to 375.
3 minutes ago
QCP: Bitcoin demonstrates resilience against price declines; a drop below the $80,000 to $88,000 range could trigger a sharp repricing.
QCP Capital’s daily market report today noted that Bitcoin traded in a range of $80,000 to $83,000 last week, with strong support near the $80,000 level and showing resilience amid ongoing pressure on tech stocks. AI financing risks continue to simmer: CoreWeave’s 5-year credit default swap (CDS) spread widened to over 1,100 basis points, reflecting market concerns over debt-driven AI investments. On the macro front, higher-than-expected U.S. CPI once pushed 2-year U.S. Treasury yields to 4.9% and 10-year yields above 5.3%; yields later pulled back on defensive demand. Fed Chair nominee Warsh’s comments on Friday also lowered market expectations for an October rate hike to 15%, down from nearly 30% earlier this week. The pullback in U.S. Treasury yields has supported Bitcoin’s rebound.
QCP pointed out that funds are shifting from the semiconductor sector to healthcare and bank stocks, with markets likely reducing exposure to crowded AI trades, though there is no clear evidence of direct inflows into crypto markets so far. Meanwhile, Bitcoin’s implied volatility remains below its one-year average, and market makers’ positive Gamma positions may temporarily cap price swings. However, this stability could weaken as options expire and positions roll over; if Bitcoin breaks sustainably above the $80,000 to $88,000 range, the market may face more sharp price revaluations. This week’s tech giant earnings reports will be a key watchpoint.
3 minutes ago
Placeholder Partner: The current market resembles early bull market opportunities, advising long-term investors to systematically accumulate tokens.
Placeholder co-founder Chris Burniske wrote in a post that long-term crypto investors should not repeatedly agonize over entry or exit points, but instead accumulate tokens in a planned, consistent manner, and must not confuse long-term investing with short-term trading. He advises investors to use their most successful investment as a benchmark to calculate target holdings based on the proportion of each network’s total token supply. For instance, Ethereum (ETH) has a total supply of around 120 million tokens. If an investor once held 10 ETH, applying the network proportion rule would mean holding roughly 53 Solana (SOL) (total supply ~636 million) or 97 Celestia (TIA) (total supply ~1.16 billion). To hold a TIA network share 10 times that of their original ETH holding, they would need approximately 970 TIA. For Zcash (ZEC), whose supply is similar to Bitcoin (BTC), investors can also use their ideal BTC holding amount as a reference to set ZEC accumulation goals. Regarding the current market, Burniske notes that many crypto assets have fallen 20% to over 40% from their peaks, while BTC’s decline is less than 10%. He argues that BTC’s relative resilience so far has already triggered significant adjustments in assets with lower market risk appetite, making the current situation more of an opportunity in the early stages of a bull market rather than a warning sign of a bull trap. Still, he reminds investors to account for the possibility of further price drops, advising them to deploy remaining cash in batches and allocate investment amounts based on the likelihood that different price levels will form local bottoms. It is acceptable even if some preset price levels are never reached, leaving cash reserves. During market downturns or early bull market pullbacks, consistently accumulating target assets with a high-confidence strategy is more important than repeatedly trying to time market fluctuations.
3 minutes ago
BNB Foundation completes its 37th quarterly burn, destroying 1.6462 million BNB.
According to official announcements, the BNB Foundation has completed its 37th quarterly token burn, with a total of 1,646,200 BNB tokens burned in this round, valued at approximately $1.197 billion. Post-burn, BNB’s total circulating supply has fallen to around 131.5 million tokens.
Bitcoin (BTC) starts the third week of October at $82,000 as crypto and stock markets begin a tentative rebound.
Key points:
South Korea’s KOSPI Composite Index gained nearly 1.8% on Monday after last week’s tech-driven losses.Markets have priced out two further interest-rate hikes by the Federal Reserve in 2026, seeing 75% odds of only one 25-basis-point hike by the end of the year.Bitcoin delivered a weekly close below key local support after the Coinbase Premium Index hit -0.14, its lowest level since late June.Asia leads equities bounce ahead of tech earningsA lighter week of US macro data prints will shift the market’s attention to corporate earnings as stocks rebound from last week’s sell-off. Some 15% of S&P 500 companies are due to report third-quarter earnings figures this week, including SpaceX on Tuesday and Tesla and Meta on Wednesday.
Tech-stock performance remains in focus after a major drawdown last week that began with South Korean markets. The KOSPI Composite Index lost 2.8% on Oct. 12 before dropping to the week’s low of 5,455 on Thursday, bringing the week-to-date losses temporarily to 17%.
KOSPI Composite Index one-day chart. Source: Cointelegraph/TradingView
Contagion spread to neighboring Asian markets before US equities began to weaken later in the week. The S&P 500 index finished Friday down 2% for the week.
As in early August, tech stocks saw considerable sell-side pressure amid concerns over AI expenditure plans and the associated debt obligations. In Korea, the threat of competition in semiconductor manufacturing from China exacerbated the downturn.
Warnings of a “Black Monday” event on global stock markets spread through social media over the weekend. The panic, which coincided with the 39th anniversary of the 1987 Black Monday crash, appeared misplaced, with KOSPI gaining 1.8% on Monday and S&P 500 futures 0.7% higher at the time of writing.
Commenting on the disconnect between public sentiment and market performance, market commentator The Kobeissi Letter suggested that stocks should outperform based on investor demand. Persistent high US inflation and a global energy crisis have positioned equities for a surge on any potential signs of conditions improving.
“All while the AI Revolution continues to accelerate and many large-cap technology stocks become cheaper on a forward earnings basis, even as their stock prices rise. And in the background, the demand for asset ownership is historically robust,” it summarized in analysis last week.
Kobeissi noted that while tech giants led S&P 500 strength, 80% of index stocks are trading at least 10% below all-time highs.
Fed rate-hike bets cool despite inflation data overshootAhead of the Federal Reserve’s next decision on interest-rate changes on Oct. 28, markets have tempered their expectations on policy tightening.
Data from CME Group’s FedWatch Tool shows 85% odds of rates staying within their current 3.75-4.00% range in October. The Fed’s December meeting, meanwhile, carries just 11% odds of a further pause. Instead, markets see a 75% chance of a 25-basis-point hike, with a 50-basis-point move attracting 13% odds.
Fed target-rate probabilities (screenshot). Source: CME Group
In a discussion with International Monetary Fund Managing Director Kristalina Georgieva last week, Fed chair Kevin Warsh avoided any hints of forward guidance on policy, reinforcing a pledge made at the Jackson Hole economic symposium in August.
“I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” he said.
Markets, however, interpreted the lack of information as a dovish signal, doubling down on the Fed hiking rates just once more before 2027.
Adopting a cautionary tone, meanwhile, market commentator Mosaic Asset Company saw inflation trends forcing the Fed to avoid easing off, keeping a crypto and risk-asset headwind in place.
“While investors expect the Federal Reserve to hold rates steady at its next meeting later this month, a growing inflation problem will keep favoring tighter monetary policy,” it wrote in analysis on Sunday.
The September print of the US Producer Price Index (PPI) released last week showed the ongoing impact of the Middle East crisis on fuel prices. PPI delivered its largest month-on-month increase since March 2022 at 1.7%.
“Half of the September increase in the index for final demand goods can be traced to prices for gasoline, which jumped 20.3%,” the Bureau of Labor Statistics reported.
Fuel also accounted for more than half of the September increase in the Consumer Price Index (CPI), which beat expectations by 0.1% to hit 3.7% year-on-year.
BTC price analysis sees more $80,000 support retestsBitcoin price action completed a weekly candle close below a key support zone of interest between $82,500 and $82,800.
The weekly close came in at $82,000, a move that crypto trader and analyst Rekt Capital warned could spark further retests of the $80,000 mark in the future.
“Such a Weekly Close would position Bitcoin for a potential bearish retest of ~$82500 into new resistance. And if that bearish retest occurs successfully then it could set price up for a drop below $80k within the next few weeks,” he wrote in analysis on X.
Previously, Cointelegraph reported on September’s local high near $87,000 now hosting multiple resistance components, including the 2026 yearly open and its 20-month simple moving average (SMA).
In its latest market overview, onchain analytics platform CryptoQuant flagged declining US investor demand as a reemerging BTC price headwind this month. The Coinbase Premium Index, which measures the difference in price between Coinbase’s and Binance’s BTC/USDT pairs, fell to -0.141 on Oct. 18, its lowest levels since June 30.
“This reading is particularly significant. If the index remains in negative territory, it could indicate insufficient demand to absorb selling pressure, potentially increasing the likelihood of a continued price correction in the short term,” CryptoQuant commented.
Coinbase Premium Index. Source: CryptoQuant
The lack of demand contrasts with BTC/USD holding gains made since the end of June, having bounced from new multiyear lows under $58,000 on July 1.
Magazine: Can the SEC and CFTC’s pro-crypto rules be overturned? Legal opinion
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
Bitcoin traded around $82,500, up about 0.4% since midnight UTC, extending a rebound from Sunday’s dip to roughly $80,700.The CoinDesk 80 gained 0.9%, triple the CoinDesk 5’s 0.e5% rise, with all six members of the DeFi index higher and arbitrum adding 6.7%.Nasdaq 100 futures rose more than 1% and Asian stocks advanced after China’s third-quarter GDP growth beat expectations and oil prices eased.Bitcoin BTC$82,170.89 is trading around $82,500, up around 0.5% since midnight UTC, extending a bounce from Sunday’s dip to roughly $80,700 and comfortably above Thursday’s brief break below $80,000.
Altcoins outpaced the largest cryptocurrency, with ether ETH$2,416.22 adding 0.75% to near $2,430 and the CoinDesk 80 (CD80) gaining 0.9%, triple the 0.35% rise in the bitcoin-heavy CoinDesk 5 (CD5). DeFi led the CoinDesk benchmarks with a 0.81% gain, with all six members of the DFX sector index higher.
The rebound follows a rough week for U.S. tech. The Nasdaq fell 4.5% in its worst weekly decline since June as worries over AI spending and debt hit stocks such as CoreWeave (CRWV), which fell 25%. On Monday, Nasdaq 100 futures advanced more than 1% alongside gains in Asian stocks after China’s third-quarter GDP growth of 4.5% beat expectations and oil prices eased, with earnings from Meta Platforms META and Tesla TSLA due this week.
Derivatives positioningVolume jumps, positioning doesn't: Total 24-hour crypto futures volume rose 51% to $146 billion, while open interest (OI) edged up just 1.25% to $141 billion as traders churned through more contracts without adding much net exposure. Liquidations were $329 million, little changed from a day earlier, and the taker long-short volume ratio is balanced, so neither side is forcing the other out.Majors rally with more leverage than spot buying: BTC, ETH, SOL and XRP all gained, and their notional OI grew faster than their prices in a sign that fresh capital is entering the contracts. Annualized perpetual funding is positive on all four, so longs are paying to hold. The 24-hour OI-adjusted cumulative volume delta (CVD) is flat to negative, though, meaning aggressive selling at least matched aggressive buying. The gains look position-led, and that makes them more fragile.DOGE, UNI and crude oil perps see positions unwind: OI fell in all three despite flat-to-negative price action. Traders are closing positions and pulling capital out, not adding to bets on the downside.ADA's bounce meets bearish positioning: ADA rose almost 1% in 24 hours, yet its annualized perp funding is -8%, the only negative print among the majors. Shorts are paying to stay short, and CVD is negative too. If the bounce continues, that crowded short side could become a source of buying.Crypto volatility gauges stay calm as the VIX spikes: Bitcoin's and ether's 30-day implied volatility indexes, BVIV and EVIV, still signal calm, even as Wall Street's equivalent, VIX, surged on Friday. VIX history points to a likely normalization on Monday.Bitcoin put-buyers dominate Deribit: The five most traded options on Deribit over the past 24 hours were all bitcoin puts at strikes below the current market price. Traders use puts to hedge long exposure against spot declines, so some are insuring gains. Ether flows look mixed.Token talkArbitrum ARB$0.1951, an Ethereum layer-2 token, rose 6.7% to about $0.20, with the rally stemming from the Arbitrum Foundation’s Stablecoin Growth Program, announced on Thursday. The program sets aside 2 million ARB for the first 10 teams to hold $10 million in USDG, a dollar-pegged stablecoin issued by Paxos Digital Singapore. ARB has risen by 16.45% since the announcement.Pump.fun PUMP$0.004419, the token of the Solana memecoin launchpad, jumped 7.6%, recouping part of a weekend slide that took it to about $0.0039 on Sunday. While there was no news catalyst for the move, 24-hour trading volume doubled to $215 million.DeFi tokens advanced across the board, with uniswap (UNI) up 3.2% to around $7.42, while lido LDO$0.3964 and ethena (ENA) rose by 2.5% and 1.6% respectively as the sector recovers from last month’s Clarity Act delay and shrinking yields.Celestia (TIA) gave back 3.9% to about 61 cents after Friday’s 16% jump, while starknet STRK$0.05847 slipped 1.0% to 6 cents. STRK’s market value has fallen about a quarter since Friday morning, according to CoinDesk data.The larger cryptocurrencies were mostly higher, with solana (SOL) rising 1.6% to about $106, XRP gaining 0.6% and BNB adding 0.36%. Cardano ADA$0.2178 slipped 0.15% and hedera HBAR$0.08309 fell 0.83%.The “Altcoin Season” index is at 56/100, tumbling from last week’s high of 63/100, the 2026 record.Related Assets
The bounce follows a week of hot U.S. inflation data and $228.6 million in spot bitcoin ETF outflows.
Bitcoin returns above $82K
Posted October 19, 2026 at 6:45 am ET.
A pullback in oil and a firmer start for U.S. stock futures are giving bitcoin room to climb past $82,000 on Monday.
BTC changed hands near $83,007 as of 09:38 UTC, up about 1.1% over 24 hours, according to CoinGecko data. Over that 24-hour window it traded between $80,672 and $83,035, while ether rose about 0.8% and Solana about 1.7%, CoinGecko data showed.
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Levels Analysts Flagged Monday’s price leaves bitcoin above the average price U.S. spot ETFs paid for their coins, which onchain analytics firm Glassnode put at about $81,500 in its Oct. 14 weekly report. Glassnode’s Frederik Theissen wrote in that report that “a return to steady ETF inflows would be the clearest sign that demand is back.”
Nexo analyst Iliya Kalchev set out a similar test in the firm’s Oct. 16 market note, written before Monday’s bounce: “For Bitcoin, a move back above $84,000 and a second day of ETF inflows are the signs buyers are returning, with the $80,000 area, defended three times in a week, the level to hold.”
ETF Flows and Oil Fund flows haven’t turned yet. U.S. spot bitcoin ETFs shed $681 million in the week ended Oct. 9 and another $228.6 million in the week ended Oct. 16, according to SoSoValue.
Front-month Brent futures were at $108.47 a barrel as of 09:29 UTC, down 1.3% from Friday’s $109.86 close, according to Yahoo Finance data. Friday’s close was the highest since May 19. Nasdaq 100 futures rose 1.1% and S&P 500 futures gained 0.5% as of 09:29 UTC, according to Yahoo Finance data.
A Rough Week Behind It Bitcoin ended last week about 2% lower, CoinGecko data show, after hotter-than-expected September inflation data on Oct. 14 pushed it toward $80,500 the next day.
James Butterfill, head of research at CoinShares, wrote in an Oct. 16 market update that the slide was “a reminder of how sensitive Bitcoin remains to monetary policy over short horizons.”
Related Listen: Bitcoin Reclaims Its Bear-Market Ceiling. Is the Rally Real?
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
OpenAI is reportedly testing its next-generation image model: three codenamed "Aurora" have emerged, with red and green variants exposed.
Beating AI News Flash: On October 18, developers discovered three mysterious codenames briefly appearing on OpenAI’s API model list: aurora-red-alpha, aurora-green-alpha, and aurora-blue-alpha. All three models are named after Aurora (the Northern Lights). Initially, some netizens speculated they were follow-up experimental builds of GPT-6. But AI model evaluation account Lumina later tested the red and green versions in an Arena image generation blind trial, sharing cat images generated by both. The red version produces images faster, while the green version delivers higher quality. No public samples of the blue version have been made available yet. The community therefore suspects these may be different test iterations of OpenAI’s next-generation image model.
3 minutes ago
Binance: Users with at least 255 points can claim the Alpha airdrop at 21:00 today.
Binance officially announced that Binance Wallet will distribute the latest Binance Alpha airdrop at 21:00 Beijing Time today. Users holding at least 255 Binance Alpha points can claim the tokens on a first-come, first-served basis, until all tokens in the allocation pool are distributed or the airdrop campaign concludes.
3 minutes ago
ESMA adds 9 new crypto asset service providers, bringing its total number to 375.
The European Securities and Markets Authority (ESMA) has added nine crypto asset service providers (CASPs) to its register under the Markets in Crypto-Assets (MiCA) framework. The new additions include BingX’s Austrian entity MEGE zweite, YouHodler’s Italian subsidiary, and Santander’s Openbank Deutschland, bringing the total number of registered CASPs to 375.
3 minutes ago
Placeholder Partner: The current market resembles early bull market opportunities, advising long-term investors to systematically accumulate tokens.
Placeholder co-founder Chris Burniske wrote in a post that long-term crypto investors should not repeatedly agonize over entry or exit points, but instead accumulate tokens in a planned, consistent manner, and must not confuse long-term investing with short-term trading. He advises investors to use their most successful investment as a benchmark to calculate target holdings based on the proportion of each network’s total token supply. For instance, Ethereum (ETH) has a total supply of around 120 million tokens. If an investor once held 10 ETH, applying the network proportion rule would mean holding roughly 53 Solana (SOL) (total supply ~636 million) or 97 Celestia (TIA) (total supply ~1.16 billion). To hold a TIA network share 10 times that of their original ETH holding, they would need approximately 970 TIA. For Zcash (ZEC), whose supply is similar to Bitcoin (BTC), investors can also use their ideal BTC holding amount as a reference to set ZEC accumulation goals. Regarding the current market, Burniske notes that many crypto assets have fallen 20% to over 40% from their peaks, while BTC’s decline is less than 10%. He argues that BTC’s relative resilience so far has already triggered significant adjustments in assets with lower market risk appetite, making the current situation more of an opportunity in the early stages of a bull market rather than a warning sign of a bull trap. Still, he reminds investors to account for the possibility of further price drops, advising them to deploy remaining cash in batches and allocate investment amounts based on the likelihood that different price levels will form local bottoms. It is acceptable even if some preset price levels are never reached, leaving cash reserves. During market downturns or early bull market pullbacks, consistently accumulating target assets with a high-confidence strategy is more important than repeatedly trying to time market fluctuations.
3 minutes ago
BNB Foundation completes its 37th quarterly burn, destroying 1.6462 million BNB.
According to official announcements, the BNB Foundation has completed its 37th quarterly token burn, with a total of 1,646,200 BNB tokens burned in this round, valued at approximately $1.197 billion. Post-burn, BNB’s total circulating supply has fallen to around 131.5 million tokens.
3 minutes ago
A new wallet has been liquidated of 8,163 ETH in total over the past 10 hours, worth $19.78 million.
According to Lookonchain's monitoring, the newly created wallet 0xb15b has been liquidated multiple times over the past 10 hours, with a total of 8,163 ETH liquidated, valued at approximately $19.78 million.
David Schwartz, the CTO Emeritus of Ripple, who helped develop the XRP Ledger (XRPL) from scratch, has teased some big changes coming to the decentralized finance (DeFi) space, as it appears that a retail-friendly breakthrough is just around the corner.
David is excited about what retail DeFi is going to look like in 2027 and we're "really close" to finding out. 1) I believe retail DeFi on the XRP Ledger will be very exciting in 2027. We have a lot of tailwind building up. It's the year institutions and retail meet on the DEX. This will be no doubt the most interesting catalyst not many have on their radar imo. 2) Ripple's acquisition and customers coming on chain is a flip of the switch moment. We have heard from Monica in Korea about goals to drive more Ripple customer activity on the XRP Ledger. Think of the groundwork done so far with crucial XRPL amendments for on chain compliance (PDEX/PDomain) and soon privacy, as well stablecoin issuers and regulated trading venues. Great interview Tony, as per usual :)
— Vet (@Vet_X0) October 18, 2026 During his recent interview, Schwartz expressed his optimism regarding DeFi's future in 2027.
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"But generally, in the industry, tokenization is really kicking off, and the regulatory hurdles are really starting to fall," noted Schwartz.
The Ripple veteran then also talked about how a whole new market can be formed around blockchain finance applications.
"What does the, like, blockchain user, like, look like? What is the product that…" Schwartz asked, noting that the potential formation of the market was akin to the enormous user base that app developers have for Android or iOS.
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"That's the world that's gonna be super exciting. And we're really close," he emphasized.
Schwartz appeared to imply that the next chapter in blockchain adoption could potentially bring decentralized finance products to the general masses and not just crypto enthusiasts.
However, he refrained from mentioning any product or announcing any definitive date.
AI agents could reshape DeFiDuring the conversation, Schwartz also touched upon his idea of using AI agents for handling finance-related work for the general masses.
"And so you can imagine the world where, like, everyone's money is managed by agents. Which solves all those problems for them," he said.
The Ripple veteran then went on to wonder how DeFi would adapt to this change.
"What are you going to want from DeFi in that world? I think that's the problem that we're coming up with," noted Schwartz.
Upbit, South Korea's largest crypto exchange, posted 8.35 trillion won in weekly volume, down 15.5%, as XRP led trading ahead of Bitcoin and USDT.
Upbit (@Official_Upbit), South Korea's largest crypto exchange, recorded weekly trading volume of 8.35 trillion won (about $6.28 billion) for the week ending October 18, . $XRP was the most actively traded asset on the platform, .
XRP stays on top as volume coolsEven as overall activity slowed, Korean traders kept concentrating on XRP. According to Crypto Briefing, . The report also noted that .
The lead was also visible on a daily basis earlier in the week. According to Bitcoin(.)com News, . The following day, .
The latest weekly figure is also soft relative to recent weeks. Citing MarsBit, KuCoin's news desk said .
A wider slowdown across Korean exchangesThe drop is not limited to Upbit. Crypto Briefing said . That figure refers to the week to October 2, when, according to data from Digital Asset, the combined weekly trading volume of South Korea's top five crypto exchanges was 20.5 trillion won, down 19.56% from the previous week. Measured against that, Upbit's latest 15.5% decline looks somewhat milder.
In that earlier period, Upbit remained firmly in first place with a 64.04% share, down 3.3 percentage points from the previous week, while Bithumb's share rose 1.893 percentage points to 26.66%, according to PANews. The slowdown also follows a weak first half of the year: the Korea Financial Intelligence Unit reported that average daily exchange volume fell 44% in the first half of 2026 versus the prior six months, per Cointelegraph.
For traders, lower volume has practical effects. Crypto Briefing said .
Sources:
Crypto Briefing: Upbit weekly trading volume falls 15.5% to 8.35 trillion won as XRP leads activityBitcoin(.)com News: XRP Is Outtrading Bitcoin and Ether on South Korea's Biggest ExchangePANews: South Korea's Top 5 Crypto Exchanges See Weekly Trading Volume Fall 19.56%