Lido wants lenders to stop worrying about getting stuck at the exit. Its proposed lending platform, Lido Lend, now includes a feature called Fallback Exits, which would let lenders withdraw liquidity using borrower collateral when markets turn rough.
What Fallback Exits actually do Lido contributors announced Fallback Exits on October 16, 2026. That came nine days after they first unveiled Lido Lend on October 7, 2026.
The feature targets a specific problem. In a lending market, lenders deposit an asset, and borrowers take it out against collateral. Under normal conditions, a lender who wants out simply withdraws whatever loan asset is sitting idle in the pool. The trouble starts when borrowers have taken nearly all of it.
Fallback Exits offer a second door. When primary loan-asset liquidity is lacking during market stress, lenders can access borrower collateral instead of waiting for the pool to refill.
How Lido Lend is built Lido Lend is proposed as a decentralized lending market based on a modified fork of Morpho Blue.
The platform is meant to serve two groups. One is long-term passive lenders who want yield without hidden risks. The other is professional borrowers, particularly those running leveraged positions.
Lido Lend would operate through isolated markets. Each market stands on its own, so trouble in one pairing is designed to stay in that pairing instead of spreading across the whole platform.
The markets would center on blue-chip and price-correlated assets. Examples in the proposal include wETH/wstETH, stETH/ETH and USD/Treasury RWAs, meaning tokenized real-world assets tied to US Treasuries.
The proposal also includes deposit screening to filter out tainted funds, aimed at keeping illicit or compromised assets out of the markets in the first place.
Why Lido is leaning so hard on safety Lido built its reputation in liquid staking. Its stETH product has over $25 billion staked without any significant security breaches, according to the research findings.
DeFi lending has had a rough stretch. The KelpDAO bridge exploit in April 2026 was one of several incidents that raised concerns about liquidity crunches and collateral safety across the sector.
Not a done deal yet None of this is live. The launch of Lido Lend hinges on approval from the Lido DAO, the governance body that steers the protocol.
Technical specifications and protocol details are expected in the coming weeks. The DAO is set to weigh in on both whether to accept the protocol and what its launch parameters should be, including market settings.
The project’s timeline anticipates a full launch in Q4 2026. That target is contingent on successful governance votes, so the date could move if the DAO pushes back or asks for changes.
What this means for lenders and the DeFi market A lender using a Fallback Exit would walk away with collateral, not the asset they originally deposited. In a correlated market like wstETH/wETH, that gap may be small, but it is still a different position than the one the lender signed up for.
The emphasis on isolated, blue-chip markets may also appeal to institutional investors, per the research findings. Institutions tend to prefer contained risk and familiar assets, and Treasury-linked RWA markets fit neatly into that preference.
The next checkpoints are clear. Watch for the technical specifications, the DAO votes on acceptance and launch parameters, and whether the Q4 2026 timeline holds once governance has its say.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Decentralized exchanges execute trades without any intermediaries and offer users enhanced privacy. Centralized exchanges are more regulated and are easier to navigate for new users. Decentralized exchanges provide users with complete control of their assets and are non-custodial in nature.
Here is our list of the top 9 decentralized exchanges of October 2026:
1. Raydium
Raydium is one of Solana’s most popular decentralized exchanges and liquidity protocols. It is a one-stop solution for swapping tokens, providing liquidity, launching tokens through LaunchLab, and accessing Raydium Preps. It connects with OpenBook’s main trading system, thereby helping provide more funds for trades and sharing activity across the Solana ecosystem.
Unlike traditional AMMs, which depend on liquidity pools for matching trades, Raydium’s integration with OpenBook allows access to a broader pool of liquidity and offers better pricing for users.
2. Hyperliquid
Hyperliquid aims to make finance open, credible, and transparent. It is a Layer-1 platform built for perpetual futures and spot trading and focuses on perpetual contracts. The ecosystem also supports lending, borrowing, and real-world assets.
It also has a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in the DeFi space. HYPE is the native token of the ecosystem and is used for governance, staking, and payments.
3. Uniswap
Uniswap is a decentralized protocol that uses AMM to enable peer-to-peer trading of digital assets without any intermediaries or central authority. It has a liquidity pool and a developer ecosystem that is useful for users.
The platform handles a lot of trading volume and is one of the main gateways into DeFi trading. It started out on Ethereum but is now available on other networks along with Layer-2 ecosystems.
4. Orca A decentralized exchange that lets users earn yield and provide liquidity. It has tools for swapping supported tokens, creating and managing liquidity positions, launching pools, and building with its liquidity infrastructure.
Orca is created to make on-chain trading and liquidity provision accessible through clean interfaces, open infra, and Solana-native tools. It also provides clear tools for token swaps and liquidity provision.
5. PancakeSwap
PancakeSwap is a DEX with an AMM that lets users swap cryptocurrencies without relying on centralized intermediaries. It offers token swaps, liquidity provision, yield farming, limit orders, prediction markets, and a marketplace.
It operates on more than 10 blockchains, including BNB Smart Chain, Base, Polygon, zkSync, Linea, Solana, and Arbitrum. CAKE is the native governance token of the platform and is used for staking and governance.
6. SushiSwap
Starting out as a fork of Uniswap, SushiSwap has turned into a DeFi platform that is very popular for its features. It lets users earn returns on their crypto rather than just trade it. Yield farming is also one of the most popular offerings of the platform.
Additionally, liquidity providers earn a part of the trading fees and also get extra rewards through different pools and farming programs. It also has a community-focused approach, and the SUSHI token helps users participate in decision-making.
7. Meteora
Built on Solana, Meteora is a liquidity protocol and exchange that acts as a fundamental liquidity infrastructure layer rather than just a consumer-facing decentralized exchange. The platform focuses on solving high slippage and fragmented liquidity issues through its mechanics.
The platform has a Dynamic Liquidity Market Maker or DLMM aspect that allows liquidity providers to concentrate their capital into precise categories rather than spreading it across an infinite range.
8. Osmosis
Osmosis is built on the Cosmos blockchain and was created with cross-chain activity in mind. Users can swap their assets from different Cosmos-based chains without depending on multiple platforms or any complicated workarounds.
The platform has a simple user interface and relatively low transaction costs, and offers quick swaps. Users can access liquidity and assets from over 100 ecosystems and trade up to 30X leverage on Osmosis.
9. CoinEx
Another popular option, CoinEx supports more than 1300 digital assets and gives traders a chance to access both established coins and lesser-known ones. It offers spot and margin trading along with futures markets. This makes it a viable option for traders looking to engage in multiple trading strategies.
There are many features available for users without any KYC; this can be especially great for those who value a greater degree of privacy. Trading fees start at 0.2% with discounts available for holders of the CET token.
Final word Decentralized exchanges are an essential part of the crypto ecosystem and give users more control and hold over their assets. They can manage how they trade, store, or hold their digital assets. DEXs started out as simple token swap platforms and have now evolved into much more comprehensive ecosystems of their own. With that said, users should always do their own research before committing any funds to these platforms.
Disclaimer. Readers are encouraged to do their own research. Ambcrypto is not liable for any outcomes related to the use of information, products, or services mentioned. This content may include affiliate or partner links.
Trading is no longer a solo journey, according to several key cryptocurrency opinion leaders (KOLs) who took part in an exclusive talk show hosted by Bitunix, a cryptocurrency exchange, and BeInCrypto at TOKEN2049 Singapore.
The interviews were recorded on October 7–8 at Marina Bay Sands, where Bitunix took part as a Gold Sponsor. The guests were HAMAHA, Pushpendra Singh, Alvaro Smart Money, Coach Miranda Miner, BitBull, The House of Crypto, and Crypto World. They spoke about trading tournaments, education, market analysis, AI, and futures.
HAMAHA, a trader with more than 20 years of experience, said crypto trading tournaments are on the rise. As a tournament winner who now helps organize them, he said competing alongside others makes trading more engaging and brings traders together. He also spoke about what community support means when markets turn.
Recalling the market crash in October last year, HAMAHA said the Bitunix Care Fund truly helped the community.
“The guys from Bitunix were very supportive. They set up a fund and helped the community that day. Because of them, those that were affected were able to start again from a small amount and cover their losses,” he said.
BitBull, the trader behind the TradeMania community, said traders do not have to be alone, adding that “when you’re a trader, and you’re alone, you can make many mistakes.” He also praised Bitunix’s support for the trading community and spoke about his plan to grow TradeMania internationally by combining live trading with education.
Learning Over EarningAlvaro Smart Money, a trading-focused creator, said traders should not trade for the wrong reasons and should have a clear method. Trading, he said, is not only about making money. It is also about gaining experience and learning.
Coach Miranda Miner, founder of the Global Miranda Miner Group (GMMG) and the Philippine Association of Crypto Traders, said learning works best when it has structure.
“The faster you come in, the faster you go out. Education is the foundation for understanding what trading is about,” he said,pointing to the Davao Traders Education program.
Looking Beyond the Price ChartPeter from The House of Crypto, a platform focused on market analysis, trading insights, and education, gave his view of current market conditions. He said money flow, meaning where capital is moving, can help traders understand the market, and he encourages looking beyond price movements to the wider context. According to him, it’s about understanding money flow, then understanding crypto and choosing the right projects to invest in.
In addition, Alvaro Smart Money also said context matters when making trading decisions. BitBull added that while traders do not have to be alone, they should not trust anyone blindly and should do their own research.
AI and Blockchain May Accelerate AdoptionPushpendra Singh, a Web3 creator who follows AI and blockchain, said AI could change the trading experience. He described an AI-powered tool that brings several functions together for newcomers.
“Some people don’t know anything about crypto, but they want to learn about it. We put everything into one tool with the help of AI, so they can learn, do analysis, manage their crypto portfolio, do DEX accumulation, etc.,” he said. Moreover, he also pointed to the rise of AI agents and everyday uses for tokenization.
Crypto World, a crypto content creator, shared his experience of trading futures and explained how active traders use futures in different market conditions.
About BitunixBitunix is a global cryptocurrency derivatives exchange trusted by over 5 million users across more than 150 countries. Guided by its core principle of better liquidity, better trading, the platform is built for traders who expect more, committed to providing Ultra Trust, Ultra Products, and Ultra Experience. Bitunix offers a fast registration process and a user-friendly verification system to ensure safety and compliance. With global standards of protection through Proof of Reserves (POR) and the Bitunix Care Fund, the exchange prioritizes user trust and fund security. Industry-first innovations like Fixed Risk, TradingView-powered chart suite, along with indicator alerts, cloud-synced templates, provide both beginners and advanced traders with a seamless experience. Making Bitunix one of the most dynamic platforms on the market.
Bitunix Global Accounts
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Disclaimer
This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.
Injective has rallied more than 8% on October 16, reaching $9.35 as increased trading activity and renewed interest in the network’s institutional developments have supported its recovery.
Summary
Injective price surged nearly 30% in 24 hours, reaching $9.35 as trading activity picked up and buyers pushed INJ above its recent trading range.
Gulf Labs joining Injective as an institutional validator and continued interest in proposed INJ investment products have supported market sentiment.
Daily Ichimoku Cloud and DMI readings remained bullish, while rising four hour OBV showed stronger buying participation during the rally.
The four hour CCI climbed above 200, suggesting that INJ could face some consolidation despite the positive momentum.
A sustained move above $9.50 could put $10 and $10.50 in focus, while a pullback could bring support near $8.50 into play.
According to TradingView data from Binance, INJ (INJ) was trading near $9.25 at approximately 12:33 PM IST, with daily trading volume at 2.29 million INJ. The token had recovered from an intraday low of $8.50, while the latest rally brought it above the trading range seen earlier in October.
The price movement followed several developments involving Injective’s institutional partnerships, regulatory positioning, and proposed investment products in the United States.
Gulf Labs partnership adds to Injective’s institutional expansion
One of the developments drawing attention to Injective is its partnership with Gulf Labs, a subsidiary of Thailand’s GULF Group, which has a market capitalization of approximately $27 billion.
In an October 8 announcement, Injective confirmed that Gulf Labs had begun operating an institutional validator on its blockchain, taking part in transaction validation, network security, and governance.
The partnership covers potential work involving tokenization, stablecoins, institutional financial services, and digital infrastructure in Thailand.
GULF Group operates across several industries, including energy, telecommunications, banking, and cloud infrastructure. Its energy portfolio exceeds 24 gigawatts of installed capacity, while its telecommunications businesses serve more than 46 million mobile subscribers.
Gulf Labs said its validator operations would provide a technical foundation for exploring blockchain applications with local financial institutions.
According to an October 14 analysis by AMBCrypto, INJ had gained approximately 10% as traders reacted to the partnership. Trading volume had risen 25% to $153.37 million, while derivatives open interest reached $72.45 million.
The institutional activity followed Injective’s previous efforts to establish a regulated presence in the US financial market.
As crypto.news reported in August, Injective Institutional Services secured registration with the US Securities and Exchange Commission as a transfer agent.
The registration allows the affiliate to maintain official securities ownership records, process ownership changes, and perform administrative functions involving distributions and corporate actions.
Injective had announced its application in July as part of its plans to support tokenized securities using blockchain infrastructure.
The network’s institutional strategy has included efforts to connect conventional financial recordkeeping with on-chain transactions.
Injective ETF proposals remain part of the market narrative
Interest in INJ investment products has continued alongside the network’s institutional developments.
Canary Capital filed an amended S-1 registration statement with the SEC in December 2025 for its proposed staked Injective exchange-traded fund.
The proposed product would provide exposure to INJ’s spot price while seeking additional returns through staking.
According to the filing, BitGo would serve as custodian, while U.S. Bancorp Fund Services would handle administration and cash custody.
The proposed fund would trade on the Cboe BZX Exchange, with shares created and redeemed in blocks of 10,000.
Canary had previously registered a Delaware trust in June 2025 as an initial step toward launching the investment product.
The ETF proposal remains subject to the applicable regulatory process, and the earlier filings do not establish that an approval occurred on October 16.
Meanwhile, the latest trading activity has brought attention to whether INJ can maintain its recovery after several volatile sessions.
Historical market data from CoinGecko showed INJ closing near $7.66 on October 14, following a recovery from approximately $6.93 on October 9.
The token subsequently traded above $9 on October 16, with its latest price movement accompanied by stronger buying activity on the 4-hour chart.
Injective price outlook remains bullish on the daily chart
Technical indicators on the daily INJ/USDT chart showed buyers retaining control as the token traded near $9.25.
INJ/USDT 1-day price chart. Source: crypto.news
According to TradingView data captured on October 16, INJ was trading above its Ichimoku Cloud, with both the Tenkan-sen and Kijun-sen positioned near $7.887.
The cloud’s leading boundaries stood at approximately $7.887 and $7.006, placing the price comfortably above the indicator’s main support region.
The arrangement indicates a bullish daily trend, although the distance between the current price and the conversion and base lines suggests the market has moved considerably ahead of its recent average trading levels.
The Directional Movement Index provided another positive reading.
The positive directional indicator, or +DI, stood at 21.51, compared with 14.75 for the negative directional indicator, or −DI.
With +DI above −DI, the indicator showed that buying pressure remained stronger than selling pressure.
The Average Directional Index stood at 26.25, above the commonly watched threshold of 25 that indicates an established trend.
However, ADX had fallen from readings above 40 in late September, showing that the underlying trend had lost some strength despite the latest price gains.
On the 4-hour chart, On-Balance Volume had climbed to approximately −16.74 million, its highest reading in several weeks.
INJ/USDT 4-hour price chart. Source: crypto.news
The improvement followed a period of weaker volume readings earlier in October and coincided with INJ moving above its previous consolidation range.
Meanwhile, the Commodity Channel Index stood at 209.77, substantially above the +100 level commonly associated with strong positive momentum.
The CCI signal line was near 27.38, leaving a considerable gap between the two readings.
Although the indicator remained bullish, a CCI reading above +200 suggested that the recent advance had become stretched on the shorter timeframe.
Other technical indicators were mostly bullish, with 14 buy signals, four sell signals, and four neutral readings. Moving averages showed 12 buy signals and no sell signals, although oscillators remained bearish with two buy and four sell signals.
INJ price faces resistance near $9.50 before a possible move to $10
At the moment, traders will likely keep an eye on the October 16 high near $9.35, followed by resistance around $9.50.
A sustained move above $9.50 could bring the psychological $10 level into focus, with the next potential upside target near $10.50.
If buying momentum continues beyond that region, the $11 level could become another target based on the visible price structure.
On the downside, the first support region lies between $8.50 and $8.70, near the area from which the latest rally accelerated.
A move below that range could expose the $7.85 to $8.00 region, which coincides with the daily Ichimoku conversion and base lines near $7.887.
If price continues falling it could bring the lower cloud boundary near $7.00 into consideration.
The 4-hour CCI reading will be important in assessing whether the rally is losing momentum. A drop from above +200 toward +100 could indicate that buying pressure is cooling, while a move below zero would signal a more pronounced deterioration in short-term momentum.
Injective [INJ] has rallied 25% in 24 hours, is up 30% in a week, and is up just over 70% over the past month. AI and big data tokens have seen a strong performance in the past 24 hours, CoinMarketData showed, with the entire sector up 8.87% in a day.
Source: Injective on X The Injective crypto revenue/fully diluted value ratio was 20% above Arbitrum [ARB] and also led Solana [SOL], the Layer 1 blockchain, as shown in a post on X.
It was over 8x higher than Ethereum [ETH], too. Revenue/FDV is “one of the clearest measures of whether a network’s valuation is backed by real usage,” the post read.
This on-chain revenue flows into the INJ community buyback program, removing INJ supply each month and aiding token scarcity.
News of the Gulf Labs partnership helped boost Injective crypto token prices, and bullish derivatives trading data solidified the short-term sentiment as bullish.
Injective crypto challenges long-term bearish order block Source: INJ/USDT on TradingView Technically a bearish breaker block, the $6.93-$9.17 area was an area of supply that stretched back to November. It briefly served as a demand zone during the October sell-off, but Injective crypto prices fell to new lows early in 2026.
At the time of writing, this breaker block on the weekly timeframe was being tested. Additionally, the swing move down from $16.55 to $2.65 has its 50% level at $9.6. The other retracement levels overhead at $11.24 and $13.57 are the next swing resistances to watch.
Is Injective crypto on track for a bullish breakout? Source: INJ/USDT on TradingView A weekly session close above $9.60 would be a good sign of a bullish continuation. In the lower timeframes, such as the H4 above, the breakout past $8.50 was also a sign of bullish intent.
Notably, the OBV continued its uptrend that began in early September, and the trading volume in recent sessions was well above the 20-period Moving Average. Additionally, at press time, the RSI was at 72, indicating strong bullish momentum.
Swing traders can wait for a pullback toward $8.50 to buy. Long-term investors will want to see prices climb past $13.575 comfortably before looking for signs of a long-term trend shift.
Final Summary Injective crypto has rallied 25% in a day on the back of strong spot and derivatives demand for the altcoin. The high revenue/FDV ratio and the Gulf Labs partnership exploring tokenization have helped set up the bullish breakout.
Celestia (TIA) is up about 32% on the week and 28% on the day, ahead of Starknet ($STRK) and Injective ($INJ), with no major announcement behind the move.
@celestia's native token $TIA is surging, up 32% on the week and 28% on the day at the time of writing. The move outpaces gains in @Starknet $STRK and @injective $INJ, which have also posted strong moves.
The rally has no obvious single trigger. No significant announcements have been made by the project in the past week.
TIA leads the altcoin fieldMarket data points to a broader altcoin bid that Celestia is leading. Celestia (TIA), the modular data-availability network token, rose 16% to around $0.68, the biggest gain in the CD100 and a 2026 high , according to CoinDesk. The same report noted that injective INJ rose 7.7% and layerzero ZRO added 7.3% . The CoinMarketCap Altcoin Season Index rose to 60 from 50 , per Phemex's summary of the session.
Price tracker Coinfomania put TIA at $0.693914 on October 16, with a 24-hour price change of up 32.25% and a market cap of about $671 million . CoinDesk said the token has advanced about 59% over four weeks .
What may be behind the moveSeveral developments earlier this month may have helped sentiment, though none explains the latest jump on its own. According to CoinMarketCap, Celestia's Fibre system showed massive throughput potential in an experimental test, but mainnet usage remains minimal . The same source reported that Fibre sustained an average of 3.07 terabits per second in a 143-second benchmark across 120 validators .
CoinMarketCap also noted that . It described the impact on token demand as dependent on how much data Derive ultimately publishes.
Celestia has also pointed out that the Fibre result was , according to CoinStats. Separately, an analysis from Bitcoin Foundation cited L2BEAT data showing that as of September.
For traders, that leaves a gap between price action and network usage. Rallies that arrive without a clear catalyst can reverse quickly, and Traders Union has previously described a similar unexplained TIA move as . Readers should treat the current surge with caution and watch whether usage and fee revenue begin to follow price.
Sources
CoinDesk: Celestia and Injective lead altcoin gains as bitcoin holds near $82,000CoinMarketCap: Latest Celestia (TIA) newsCoinStats: Celestia (TIA) news today
TLDR: INJ has gained more than 30% from its breakout point after clearing a cup-and-handle pattern. The cup-and-handle formation projects a price target near $14 for the Injective token. Injective leads all major blockchains in revenue to fully diluted market cap, ahead of Solana. Onchain revenue feeds the INJ Community BuyBack, which permanently removes tokens from supply monthly. Injective has climbed more than 30% from its breakout point after the INJ token cleared a cup-and-handle pattern. Analysts note that the formation points to a target near $14.
At the same time, the network now leads major blockchains in revenue relative to fully diluted market capitalization.
Onchain revenue also feeds a monthly community buyback that removes tokens from supply. These developments place the asset in focus as traders track the next phase of the move.
Cup-and-Handle Pattern Points to $14 Target Ali Charts, a market analyst, shared the technical outlook in a post on X. The analyst stated that the rally has only just begun.
The analyst carried a clear message: INJ may still have room to rise. According to the post, INJ has already moved well beyond the level where the pattern broke.
The post explains that INJ broke out of a cup-and-handle pattern before the recent advance. Since that breakout, the price has gained more than 30%. Notably, the analyst expects the formation to support further upside from the current level.
INJECTIVE: THE RALLY HAS JUST BEGUN
After breaking out of a cup-and-handle pattern, $INJ has already surged more than 30% from the breakout point.
But this technical formation suggests there could still be more upside ahead.
The pattern projects a target near $14, meaning… https://t.co/ci8F8ofCw7 pic.twitter.com/o0NEgtvCqx
— Ali Charts (@alicharts) October 16, 2026
The pattern is a common bullish formation in technical analysis. It typically forms a rounded base followed by a brief pullback.
Traders often measure the depth of the cup to estimate a price target. This structure is widely followed by traders who watch for continuation after a breakout.
Based on that measurement, the projection sits near $14. Therefore, the token could extend its gains before the pattern completes.
The analyst described this level as the projected target for the formation. The token would need to continue its advance to reach it.
Revenue to FDV Ratio Places Injective Ahead Injective also shared data on its revenue relative to fully diluted valuation in a separate post on X. The network said it leads all major blockchains on this measure. The post followed the recent price advance in the INJ token.
The comparison shows Injective ahead of Solana and more than 20% ahead of Arbitrum. It also stands over 8x higher than Ethereum.
Injective now leads all major blockchains by revenue to fully diluted market cap.
→ Ahead of Solana
→ Over 20% ahead of Arbitrum
→ Over 8x Ethereum
→ Over 10x Sui and Avalanche
Revenue / FDV is one of the clearest measures of whether a network’s valuation is backed by real… pic.twitter.com/MLLzOCzqJP
— Injective 🥷 (@injective) October 15, 2026
Moreover, the ratio exceeds that of Sui and Avalanche by more than 10x. The ratio compares network revenue with the total value of all tokens at full supply.
The network described revenue to FDV as a clear measure of whether a valuation is backed by real usage. In addition, onchain revenue flows into the INJ Community BuyBack. The measure ties valuation to the income that a network actually generates.
This program permanently removes INJ from supply every month. Consequently, the supply of the token declines each month.
Meanwhile, Injective expects revenue to accelerate as it onboards new tokenization initiatives. The network also plans to launch new products in the coming months. Both developments arrived within the same period of price strength.
Injective is approaching $9.36 after a strong weekly advance. Its tokenization pipeline, development activity and revenue-linked token burns give the move a wider context than the price chart alone, but those plans still need to translate into sustained network activity.
INJ traded at $9.16 on Binance’s INJ/USDT daily chart at 10:02 UTC on October 16, up 7.22% on the open daily candle. The session reached $9.36 before pulling back slightly, leaving that new high as the immediate breakout test.
Key Takeaways
CoinMarketCap ranked INJ sixth among weekly gainers in its top-200 universe.
Injective’s tokenization pipeline includes Pentiv’s planned mortgage-record migration.
INJ is testing $9.36, with $8.09 and $7.30 as the first levels below.
Daily RSI is near 65.5, while the October 16 candle remains open.
INJ’s weekly performance puts the latest rise in context
CoinMarketCap’s October 16 weekly gainers table placed Injective sixth among the top 200 cryptocurrencies by market capitalisation. It showed a seven-day gain of 29.65%, a price of $9.24 and a market value of approximately $923.7 million.
The ranking shows that the move extends beyond the current daily candle. CoinMarketCap’s weekly figures and the Binance chart are separate observations: the seven-day return comes from the published table, while the technical levels below are based on the supplied daily chart.
The rally now depends on whether Injective can turn its expanding financial infrastructure into recurring activity and revenue. Its recent announcements point to work in that direction, although announced portfolio values and development rankings are not, by themselves, measures of demand for INJ.
What gives the move context: a growing tokenization pipeline, continued protocol development and a mechanism designed to connect ecosystem revenue with INJ token burns. None of those elements guarantees near-term usage or revenue growth on its own.
Tokenization plans connect expansion to Injective’s revenue model
In an October 15 announcement, Injective said Pentiv plans to tokenize its $10 billion real-estate portfolio and bring agentic operations onchain. Pentiv is the new operating brand of Pineapple Financial, whose mortgage-record migration was already underway before this week.
Pentiv marks a major milestone for institutional adoption on Injective.
Pentiv is set to tokenize its entire $10 Billion real estate portfolio on Injective while also bringing its agentic operations onchain with $INJ
We’re excited for the team’s next chapter.
— Injective 🥷 (@injective) October 15, 2026
Injective’s September update reported more than $1 billion in residential mortgage records on the network. It described digital records linked to underlying loan files, rather than mortgages repackaged into new securities for investors.
The $10 billion figure therefore describes the broader migration ambition, not $10 billion of newly deposited trading liquidity. The commercial opportunity lies in making financial records and related operations usable onchain. Any effect on INJ depends on the activity those services eventually generate.
Injective is also drawing attention to the connection between usage and token economics. Its revenue-to-fully-diluted-valuation comparison, citing Artemis data, placed it first among the platforms displayed. That is a valuation-relative comparison, rather than evidence that Injective generates the highest revenue in absolute dollar terms.
Injective tops the displayed revenue-to-FDV comparison
The ratio can improve through higher revenue, a lower token valuation or a combination of both, so the underlying revenue trend remains important. Its relevance to holders comes through the Community BuyBack mechanism: eligible participants commit INJ, receive a proportional share of an event’s ecosystem-revenue basket, and have their committed tokens permanently burned.
This creates a defined route between ecosystem revenue and token removal. The strength of that route should be judged through reported revenue, participation and completed burns—not the headline value of future tokenization plans.
Development work and policy engagement add context, not proof of adoption
Santiment’s table ranked Injective ninth among the AI and big-data projects shown, with a 30-day development-activity reading of 43.33. The measure tracks notable GitHub activity; it is not a sentiment ranking, developer headcount or count of completed product launches.
Injective ranks ninth in development activity
It nevertheless provides evidence of ongoing repository work alongside the commercial announcements. Taken together, these sources give a more specific picture of Injective’s progress than describing the rally as purely speculative or treating every announcement as delivered adoption.
The project has also appeared in policy discussions. AshCrypto reported meetings involving CEO Eric Chen and officials from the White House, SEC and CFTC. An SEC memorandum independently confirms an October 14 meeting involving Chen, other Injective Labs representatives and the Blockchain Association to discuss an innovation-exemption order.
The memorandum records engagement with regulators. It does not disclose a new approval for Injective products or an outcome from the discussion.
The current advance began at the August low near $3.98
The current recovery leg began from a later low near $3.98 in August, which now anchors the Fibonacci levels used on the chart.
INJ tests $9.36 after weekly rally – Source: TradingView
From there, INJ developed a steep rising structure, with advances interrupted by pullbacks toward its lower boundary. The latest recovery has carried price through the nearer Fibonacci references and back toward the upper part of that structure.
The October 16 daily candle opened near $8.54, dipped to approximately $8.51 and reached $9.36 before trading at $9.16. INJ has therefore moved well above $8.09, although the open candle has not yet produced a daily close above the session high.
The earlier mid-October pullback reached the area around $6.67 before INJ recovered. That zone combines the 50% Fibonacci retracement, the rising 50-day average near $6.77 and the lower boundary of the drawn rising structure.
The moving averages remain positively ordered: the 50-day SMA near $6.77 is above the 100-day SMA near $5.82, which is above the 200-day SMA near $5.13. Their upward slopes reflect the preceding advance. Because moving averages lag the price, they offer trend context and potential pullback references rather than confirmation that every nearby support will hold.
$8.09 is the first level below the breakout attempt
The Fibonacci grid runs from approximately $3.98 to $9.36. Its upper anchor is the latest session high, so these retracements describe the current measured advance rather than an established historical range with a long-tested ceiling.
Price reference
Technical basis
Role in the current structure
$9.36
Session high and upper Fibonacci anchor
Immediate breakout test
$8.09
23.6% retracement
First potential support after the latest recovery
$7.30
38.2% retracement
Intermediate level crossed repeatedly during consolidation
$6.67–$6.77
50% retracement and 50-day SMA
Recent rebound area near the rising lower boundary
$5.82
100-day SMA
Separate moving-average reference below $6.03
$5.13
78.6% retracement and 200-day SMA
Closely aligned deeper support references
The $8.09 area has been crossed several times during recent trading. Holding above it during a pullback would provide evidence that the latest move has begun to establish support, rather than simply trading through another level.
Below it, $7.30 separates a relatively shallow retreat from a move back toward the recent rebound area. Losing $7.30 would weaken the latest recovery, while the $6.67–$6.77 region would become more relevant if selling continued.
Further down, the 100-day average near $5.82 and the cluster near $5.13 should remain separate references. Their distance is too large to treat the entire interval as one tightly defined support zone. The moving averages and channel boundaries will also shift as new sessions develop.
Momentum supports the rise, but volume cannot identify the buyers
The open daily candle showed approximately 2.63 million INJ in Binance trading volume. Participation has increased compared with much of the quieter August base, although the chart also contains earlier and larger volume bars. The latest reading still represents an incomplete session.
That activity supports describing the rise as actively traded. It does not identify institutional buyers, distinguish new positions from short covering or establish that the advance will continue.
Daily relative strength index, or RSI, stood near 65.5, above its neutral midpoint of 50 and its smoothing line near 57.1. Momentum has strengthened with the rebound while remaining below the conventional overbought threshold of 70.
Trading below 70 does not measure how much upside remains. RSI can move into overbought territory during a sustained advance, and price can reverse before the indicator reaches that level.
A close above $9.36 would extend the move beyond its latest high
A daily close above $9.36, followed by trading that holds the breakout area, would strengthen the extension scenario. Sustaining the move beyond the upper guide would still require follow-through, because a brief move outside a channel can reverse.
The round $10 level would then become the next obvious psychological reference, followed by $10.50 as a higher scenario level. Neither is a calculated Fibonacci extension from the supplied chart, and a break above $9.36 would not establish all-time price discovery or prove that no historical resistance exists overhead.
If INJ rejects the latest high, $8.09 is the first pullback reference. Holding that area would keep price above a recently contested level. A deeper retreat toward $7.30 would test more of the recovery, with the rising boundary and the $6.67-$6.77 region below.
Bottom line: Injective has a tokenization pipeline, ongoing development work and a revenue-linked burn mechanism behind its broader narrative. The immediate technical test is whether INJ can close above $9.36 and then defend the recovered $8.09 area if the market pulls back.
The chart shows a sharp repricing alongside those developments. Whether the current move becomes a sustained breakout depends on INJ holding its recovered levels while Injective converts announced plans into measurable network activity, revenue and completed buyback events.
This article is provided for informational purposes only and does not constitute financial or investment advice. Technical levels reflect the supplied October 16 chart and can change as trading continues.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP.
Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem.
To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem.
His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Injective’s INJ token had the kind of day most layer-1 networks only see in their pitch decks. On October 16, 2026, INJ climbed between 23% and 28% over 24 hours, pushing intraday prices above $9.10.
That move put it well ahead of the broader layer-1 pack, including NEAR, Sei and Cosmos Hub. Trading volume also jumped above normal levels, which suggests this was more than a few wallets nudging a thin order book.
The ETF pipeline behind the rally
The most important catalyst appears to be 21Shares. Around September 18, 2026, the asset manager amended its filing for an Injective ETF.
The proposed product would hold INJ directly rather than track it through derivatives. It would also allow discretionary staking, and 21Shares is aiming for a Nasdaq listing under the ticker TINJ.
21Shares is not the only firm in line. Canary Capital and REX-Osprey have advanced their own filings for staked versions of an INJ ETF.
Those structures could potentially stake 90% of their holdings.
A month of momentum, not just a day
The 24-hour jump sits on top of a much larger run. INJ has gained roughly 67% to 70% over the past 30 days.
Much of that has been attributed to the token’s supply mechanics. In January 2026, the Injective community passed IIP-617, a governance proposal that enables ongoing supply contraction for INJ.
Injective’s revenue-to-fully diluted valuation ratio is reported at approximately 0.95, the highest among layer-1 networks, reportedly ranking ahead of names like Solana and Arbitrum.
There is a real-world asset angle too. A Canadian mortgage firm has plans to move a large real estate portfolio onto the Injective chain.
What this means for investors and the market
If regulators approve a staked INJ ETF, the 21Shares, Canary Capital and REX-Osprey products could open the token to investors who would never touch a crypto exchange.
The staking question is especially worth watching. A fund that stakes as much as 90% of its holdings would lock up a meaningful chunk of tokens. Combined with the supply contraction from IIP-617, that could tighten available supply further.
For now, the things to track are straightforward. Watch for regulatory responses to the 21Shares TINJ filing and the competing staked ETF applications, whether trading volume holds up after the initial spike, and whether on-chain activity grows into the valuation the market has just assigned.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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.
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DAC Head of Innovation Davide Costa joins discussions on quantum computing and blockchain security at the Digital Innovation Forum 2026, ahead of a major milestone in Italy’s quantum technology ambitions.
DAC, a quantum-resistant Layer-1 blockchain project, has highlighted the growing need for post-quantum security as Italy prepares to inaugurate its first Quantum Supercomputer and industrial quantum annealer, Volta B1, today, October 16, at the Digital Innovation Forum 2026.
Today’s inaugurations mark a significant milestone for Italy’s quantum computing ambitions, with Volta B1 set to become one of Europe’s most advanced quantum infrastructures. Developed under the technical and scientific supervision of Q-Alliance, this project also brings renewed attention to the long-term security of digital systems as quantum technologies continue to advance.
Davide Costa, Head of Innovation at DAC, participated in the Forum’s panel, “Frontier Technologies: Quantum Computing, HPC for Quantum Computing, Supercomputers and Blockchain,” alongside representatives from academia, research, and technology institutions.
The discussion explored advances in computing technologies and the infrastructure needed to support future innovation. For blockchain networks, which rely on cryptographic mechanisms to secure transactions and digital assets, preparing for future quantum computing capabilities is becoming an increasingly important priority.
“The inauguration of Italy’s first Quantum Supercomputer and industrial quantum annealer marks a major milestone in quantum technology. While these advances unlock new possibilities, they also reinforce the need to prepare for future threats to the cryptographic systems securing blockchain networks. At DAC, we’re addressing this challenge by embedding quantum resistance into blockchain infrastructure from the outset,” said Davide Costa, Head of Innovation at DAC.
DAC is developing an EVM-compatible Layer-1 blockchain with quantum resistance as a core architectural priority. DAC Blockchain technology incorporates Proof of Quantum Work (PoQW) and quantum entropy, with a focus on long-term cryptographic resilience and predictable transaction costs for businesses.
The DAC team also attended the Digital Innovation Forum 2026, engaging with industry leaders and technology experts as Europe advances its quantum computing capabilities and strengthens its focus on future-ready digital infrastructure.
About DACDAC Blockchain is a quantum-resistant EVM-compatible Layer-1 blockchain, developed by DAC Labs. Its architecture incorporates Proof of Quantum Work (PoQW) and quantum entropy to support secure, scalable blockchain infrastructure with predictable transaction costs. Designed for businesses and developers, DAC supports smart contracts, decentralized applications, and digital asset transactions while prioritizing long-term resilience against emerging quantum computing threats.
For more information, visit www.dachain.tech
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This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.
A suspected scammer who lost roughly $4.8 million in a Ledger wallet drain has become the unlikely face of the wider $100 million Ledger theft.
The twist is that the stolen money was itself stolen, turning a scam story into a lesson in custody.
How a Scam’s Proceeds Ended Up DrainedA task scam dangles easy money for simple online jobs, then demands deposits before any payout arrives. The pitch is always the same: do a little work, get paid, and deposit a little more to unlock the cash. Here, the workers were the first victims, and the scheme ran on their willingness to keep paying in.
According to Chainalysis, they were paid to fabricate sales and reviews for real products. Then their balances turned negative, and they were told to deposit their own money to unlock payouts.
The operator moved the proceeds into three separate Ledger addresses on September 22, where the money sat until it was taken.
On October 9, those addresses were emptied in single transfers into one wallet already flagged for holding stolen funds. The scammer’s haul was swept out from under them, and the money ended up in the hands of the very kind of actor the scheme preyed on.
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The Thief Gets Robbed: A $4.8M Crypto Scam Stash Vanishes in Ledger Drain. Source: X/@chainalysisThat detail is what makes the story more than a footnote. Chainalysis revealed it while tracing the wider Ledger drain, showing how stolen money often moves through addresses that already show a history of theft.
Who Really Loses When Stolen Money Gets Stolen?The scammer’s loss is only part of the story. Ledger’s wider drain has affected devices sold through CryptoBilis, a reseller operating in Malaysia, Indonesia and the Philippines.
Ordinary buyers paid the real price. Starting around October 9, users who bought devices from the shop reported drained wallets. Early estimates topped $86 million across Ethereum, TRON and Bitcoin.
Bitquery later put the total near $102 million, with about $79.3 million on TRON, mostly in USDT. Bitcoin accounted for roughly $16.8 million, or 203.8 BTC.
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Chart showing how Ledger wallet funds were distributed across blockchains. Source: Bitquery Ledger warned anyone who bought from CryptoBilis in the prior 90 days not to set up their devices. Buyers who had already set up were told to move funds to a new seed. The lesson for users is that the supply chain matters as much as the code.
Ledger says confirmed losses remain limited to Southeast Asia, and European spot-checks, including those in Germany, found no tampered stock.
Meanwhile, Tether has frozen roughly $10 million in USDT, while Chainalysis maps laundering through Tornado Cash, Zcash, bridges, and stablecoin conversions.
Arbitrum ($ARB) has launched a Stablecoin Growth Program that rewards projects for adopting Global Dollar (USDG) as their primary stablecoin, with a 2 million ARB prize pool.
Arbitrum (@arbitrum) $ARB has launched the Arbitrum Stablecoin Growth Program to boost adoption of Global Dollar ($USDG) across its ecosystem. The scheme offers token rewards and support to applications that make USDG their main stablecoin on the network.
How the Arbitrum Stablecoin Growth Program worksThe program targets applications that use USDG as their primary stablecoin, collateral or on-ramp asset. According to Arbitrum's announcement, it is open to protocols with at least $1 million in stablecoin balances.
The first 10 teams to reach $10 million in USDG total value locked (TVL) will each receive 200,000 ARB from a 2 million ARB prize pool. Crypto Economy reported that the $10 million threshold is measured as a 30-day average.
Other eligibility details have been reported. Applicants must have a live product and audited smart contracts, and the $1 million stablecoin balance is verified on DefiLlama at the time of application, according to details published by Alexa Blockchain. Teams are also expected to commit to building on Arbitrum.
Beyond the ARB rewards, Arbitrum says the program offers performance-based incentives, marketing support, technical assistance and introductions across the ecosystem. The Arbitrum Foundation is the source of the performance-based incentives.
Arbitrum framed the pitch around cost and complexity. Protocols that integrate USDG can focus on their core product rather than issuing and maintaining their own stablecoin, it said.
What is USDG?USDG is a US dollar stablecoin issued by Paxos. According to Paxos documentation, it is issued by Paxos Digital Singapore, a Major Payments Institution supervised by the Monetary Authority of Singapore, and reserve assets are held in segregated accounts.
Paxos also issues a version in the European Union. In a July 2025 announcement, Paxos said USDG is compliant with the EU's Markets in Crypto-Assets (MiCA) regulation and supervised by Finland's financial regulator.
USDG is the core asset of the Global Dollar Network, a group of exchanges and fintech firms. Paxos named Anchorage Digital, Kraken, Mastercard, Robinhood and Worldpay among its partners.
The program arrives as stablecoin issuers and blockchains compete for liquidity and usage. Arbitrum is using its own token to steer developer demand toward a single regulated dollar asset. Whether the incentives translate into lasting USDG balances will depend on how many teams meet the $10 million TVL threshold.
Sources:
Introducing the Arbitrum Stablecoin Growth Program (Arbitrum)
USDG Overview (Paxos Documentation)
Global Dollar (USDG) Launches in the EU (Paxos)
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.
Firelight’s first major exchange integration brings programmatic onchain cover to a Kraken USDC vault.
Firelight, an onchain cover-enablement protocol for DeFi, today announced its integration with Kraken Protected Strategies USDC on Kraken DeFi Earn, bringing built-in protection to one of the largest onchain earn programmes in the industry. The integration is Firelight’s first with a major crypto platform and comes as Kraken Earn passes $800 million in deposits, with USDC accounting for close to half of the capital in curated DeFi vaults across the market. The vault is enabled with cover against defined failures, including smart contract exploits, oracle failures and redemption failures, under terms registered onchain before cover is effectuated.
Onchain yield strategies can involve multiple interconnected protocols, introducing risks that extend beyond any individual platform or vault. As these strategies become more sophisticated, additional safeguards are increasingly important. Firelight is designed to address these risks by providing an added layer of protection against defined failure events, with transparent coverage terms and independent validation.
Firelight cover enablement is now live on Kraken Protected Strategies USDC (formerly Boosted USDC) on Kraken DeFi Earn, which runs on Veda‘s infrastructure and is curated by Sentora across established DeFi venues such as Tydro. Rather than leaving the vault exposed to every protocol it touches, Firelight enables cover of the vault itself, with validated payouts released directly to it. The terms of that cover are registered onchain, where anyone can verify them.
The fundamentals of the vault cover rest on three core principles:
Adaptive Terms: Coverage scope, capacity, and risk pricing are registered onchain and reset with each 30-day epoch (i.e., coverage period) against the vault’s live composition and risk profile. Defined Scope: Protection applies strictly to pre-defined technical and economic failure events published transparently onchain prior to coverage activation. Active Risk Management: Continuous monitoring through Hypernative and Sentora’s institutional risk infrastructure tracks risk exposure in real time. “Every mature financial system has a way to absorb failure, and onchain yield has reached a point where protection needs to be built into the product, not treated as an afterthought. Audits reduce risk, but they don’t make users whole when something breaks. Since going live on October 6, Firelight has shown that cover with clear terms and independent review can sit underneath a product without changing how it operates. Bringing that to Kraken, one of the industry’s largest platforms, is the natural next step,” said Connor Sullivan, Chief Strategy Officer at Firelight.
“Since the launch of Kraken vaults in January, depositors have allocated more than $800 million. We appreciate Sentora’s continuing efforts to enhance the vaults they curate, including enrolling this USDC vault with Firelight. It’s a step toward giving DeFi users clearer options around onchain risk, an area that’s increasingly top of mind across the space,” said Marcel Ohngemach, Product Lead, DeFi at Kraken.
The capital supporting Firelight’s cover sits outside the protocols it protects, so a failure in one of them doesn’t hit the money meant to pay out. Firelight also doesn’t decide its own claims. When an exploit happens, ZeroShadow, Firelight’s security partner, publishes a report on what went wrong. The Firelight Risk Consortium, five independent security and risk firms made up of GFX Labs, Hypernative, Credora, Native and Cyfrin, then checks the event against the published terms, confirms the existence of a loss and records the result onchain. The same process has protected Sentora’s USD Protected Vault and Protected RWA Vaults since October 6, and Kraken now brings it to one of the largest onchain earn programs in the industry.
With today’s integration, Kraken Protected Strategies USDC vault is enabled with protection that is clear, verifiable and independently reviewed, setting a template for how platforms can handle onchain risk. And because the cover enablement runs through Veda’s infrastructure, other exchanges, fintechs and vault operators building on Veda can switch on protection for their own products.
About FirelightFirelight is an onchain cover protocol that establishes a protection layer for the infrastructure behind digital asset products. Platforms enable cover on transparent, verifiable terms registered onchain, while stakers back that cover through non-custodial vaults using bonded XRP on the Flare Network to earn protocol emissions generated by the protocol’s operations and the coverage fees it captures.
Every cover event is validated by the Firelight Risk Consortium, an independent panel of security and risk firms. Firelight’s contracts are audited by OpenZeppelin, Coinspect, and 0xMacro, with a competitive audit hosted on Immunefi. Firelight was incubated by Sentora and receives technical support services from Sentinel Labs, which just raised an $8 million seed round led by Gumi Cryptos Capital. Learn more.
About Kraken
Founded in 2011, Kraken is one of the world’s longest-standing and most secure crypto platforms globally. Kraken clients trade more than 600 digital assets, traditional assets such as U.S. futures and U.S.-listed stocks and ETFs, and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Trusted by millions of institutions, professional traders and consumers, Kraken is one of the fastest, most liquid and performant trading platforms available.
Kraken’s suite of products and services includes the Kraken App, Kraken Pro, the Krak App, Kraken Institutional, Kraken’s onchain offerings and the Ninja Trader retail trading platform. Across these offerings, clients can buy, sell, stake, earn rewards, send and receive assets, custody holdings, and access advanced trading, derivatives, and portfolio management tools.
Kraken has set the industry standard for transparency and client trust, and it was the first crypto platform to conduct Proof of Reserves. It complies with regulations and laws applicable to its business, while actively protecting client privacy and maintaining the highest security standards.
For more information about Kraken, please visit www.kraken.com.
About SentoraSentora is the platform fintechs, neobanks, and exchanges use to build onchain products, providing the infrastructure enablingto make every app to earn. Its Earn OS combines onchain yield strategies, risk management, protection, and distribution in one platform, powering solutions from embedded earn features to stablecoin and tokenized asset growth programs. Sentora’s solutions deploy billions in capital across leading onchain venues, supporting enterprise clients, asset managers and protocols with the infrastructure and expertise to manage it at scale. It curates the vaults behind the Kraken Protected Strategies USDC program, which passed $800 million in deposits within 9 months, and its strategies support platforms including PayPal, EtherFi, Ripple and Aave.
AdvertorialAdvertorial is the universal author name for all sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not reflect the views or opinions of BeInCrypto. Although we make efforts to verify the credibility of the projects presented, this content is for advertising purposes and should not be considered as financial advice. Readers are advised to do their own research (DYOR) and act with caution. Decisions based on this content are the responsibility of the reader.
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Disclaimer
This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.
Injective gains 25% as Bitcoin rebounds above $80,000. October 16 analysis maps support, resistance, and key signals for BTC, ETH, INJ, AERO, and Zcash today.
Aerodrome Finance (AERO)
$0.919539
+7.53%
$83.37 million
83
Zcash (ZEC)
$1,204.87
+9.41%
$1.25 billion
10
Bitcoin Recovers From a Lower Low as Volume Improves
Bitcoin closed October 15 at $82,133.70 on Kraken, up 0.68%, after falling to $79,709. The session undercut the October 8 low at $80,328.60 but recovered above it before the daily close. That leaves a lower intraday low without a confirmed closing breakdown of the earlier support.
BTC/USD daily candles and on-balance volume show a recovery above $80,000 after a lower intraday low, with five-session OBV rising by 2,161 BTC.
On-balance volume increased by a net 2,161 BTC over five completed sessions. Thursday’s turnover reached 3,384 BTC, approximately 1.45 times the preceding 20-session average.
Those readings show improving short-term participation, although OBV remained below its late-September peak and does not yet confirm a sustained reversal.
The completed 00:00–04:00 UTC candle closed at $82,015.90. CoinGecko’s $81,965 quote was 1.42% above Thursday’s report snapshot of $80,821, a separate comparison from its rolling 24-hour change.
A daily close above $82,538, Thursday’s high, would strengthen the recovery toward $84,049–$84,250. Failure to hold $81,333–$81,576 would bring $80,329 back into focus.
A close below the new $79,709 low would invalidate the rebound and establish a fresh closing breakdown.
Ethereum Remains Below Its 20-Day and 50-Day EMAs
Ethereum closed October 15 at $2,439.39, gaining 0.86% after trading between $2,313.42 and $2,464.54.
ETH/USD daily candles with 20-day and 50-day EMAs show Ethereum recovering from $2,313.42 while remaining below both daily averages.
The long lower wick records a recovery from the session low, but price still ended beneath the 50-day exponential moving average at $2,494.63 and the 20-day EMA at $2,549.55.
Both averages declined from their previous readings. The faster average remained above the slower one, so there was no new bearish moving-average crossover. Instead, price remains below two falling daily trend references.
The latest completed four-hour candle closed at $2,436.93. The aggregate quote of $2,435.07 was up over 24 hours but still 3.11% below the $2,513.36 snapshot in the October 14 report.
Initial resistance is $2,464.54, followed by the 50-day EMA near $2,495. A daily close above that average would improve the rebound toward $2,527–$2,550.
Losing $2,401.68 on a daily close would weaken the recovery and refocus attention on $2,313.42. A close beneath that low would invalidate the latest rebound structure.
Injective Confirms a Daily MACD Crossover
Injective closed October 15 at $8.532, advancing 11.41% from $7.658. The candle finished above the previous session’s $8.376 high, while Kraken turnover reached 817,413 INJ, or 3.06 times the preceding 20-session average.
INJ/USD daily MACD (12,26,9) confirms a bullish crossover as price closes above the previous session’s high on elevated Kraken volume.
Daily MACD, using 12- and 26-period exponential averages and a nine-period signal EMA, confirmed a bullish line-signal crossover.
The MACD line rose to 0.2990 above its 0.2926 signal. The histogram moved from negative 0.0513 to positive 0.0064. The separation is small, but the crossover occurred on a completed daily candle.
The next completed four-hour candle extended to $9.320 and closed at $9.244. CoinGecko’s $9.17 quote was 11.69% above the $8.21 snapshot in Wednesday’s report.
It also exceeded Wednesday’s $8.764 Fibonacci reference intraday, although a daily close above that level remains unconfirmed.
A daily close above $8.695 would clear Thursday’s high and strengthen the approach to the October 13 peak at $9.490. Holding $8.097–$8.376 would preserve the immediate recovery.
A close below $8.097 would weaken it and expose $7.658; losing $7.057 would invalidate Thursday’s rebound. The MACD crossover alone does not confirm a breakout above $9.490.
Aerodrome RSI Strengthens Below Recent Resistance
Aerodrome closed October 15 at $0.9365, up 4.09%, after recovering from $0.8300. The close remained below the $0.9413 session high and the October 10 high at $0.9599, leaving a nearby resistance zone intact.
AERO/USD daily RSI (14) rises to 64.56 as price approaches $0.9413–$0.9599 resistance following a rebound from $0.8300.
The 14-day RSI, using Wilder smoothing, rose to 64.56 from 61.60. Momentum strengthened while remaining below the conventional 70 overbought threshold.
This supports the recovery but does not establish that resistance has been cleared.
The subsequent four-hour candle pulled back to $0.9205 at its close, with four-hour RSI at 55.89. CoinGecko’s $0.919539 quote likewise sat below the completed daily close, despite its positive rolling 24-hour performance.
A daily close above $0.9413–$0.9599 would strengthen the case for a test of the October 11 high at $0.9919.
The first support references are the recent $0.8997–$0.9043 closes, followed by $0.8530–$0.8568. Losing $0.8300 on a daily close would invalidate Thursday’s recovery and reopen the $0.7916–$0.7996 area.
Caption: AERO/USD daily RSI (14) rises to 64.56 as price approaches $0.9413–$0.9599 resistance following a rebound from $0.8300.
Zcash Retests the Midpoint of Its Latest Decline
Zcash closed October 15 at $1,220.32, gaining 6.46% after touching $1,073.55. The recovery followed a decline from the October 12 swing high at $1,348.03.
ZEC/USD daily Fibonacci levels track the recovery of the October 12–15 decline; the completed close reclaimed 50% before a four-hour pullback.
Fibonacci retracements measure an upward recovery of that specific $1,348.03-to-$1,073.55 downswing.
The 38.2% level is $1,178.40, the 50% midpoint is $1,210.79 and the 61.8% level is $1,243.18. Thursday’s daily close reclaimed the midpoint but ended below 61.8%.
The completed four-hour candle subsequently closed at $1,208.26, while the aggregate quote was $1,204.87. Both were back below the midpoint, making the initial recovery less secure.
This was a short-term loss of the reference level rather than a completed daily failure.
A daily close above $1,243.18–$1,251.86 would clear the 61.8% retracement and Thursday’s high, opening $1,284.78–$1,289.29, where the prior session high meets the 78.6% retracement.
A close below $1,178.40 would weaken the rebound toward $1,123.59 and $1,100.01. A new low below $1,073.55 would invalidate these recovery anchors and require the retracement to be recalculated.
This article was automatically generated using Dow Jones technology. All major cryptocurrencies were up at 10 a.m. London time, with Avalanche seeing the biggest change, climbing 2.3% to $10.20. Sui rose 1.6% to $1.05, while Dogecoin increased 1.2% to 8 cents. Solana rose 1.1% to $106.64, and Cardano rose 0.9% to 23 cents.
Tronix climbed 0.9% to 33 cents, and XRP climbed 0.2% to $1.34. Bitcoin climbed 0.1% to $82,116.50, and Ethereum climbed 0.1% to $2,454.10. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-16-26 0501ET Copyright (c) 2026 Dow Jones & Company, Inc.
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.
Ronin officials announced that the migration of Ronin Waypoint has entered its final "grace period", running until 23:00 Beijing Time on October 31, 2026. Once the grace period concludes, Ronin Waypoint will be permanently shut down, marking the completion of the migration. Earlier, Ronin required users to transfer assets from their Waypoint wallets to Ronin Stash or mnemonic wallets by October 16, warning that untransferred assets may become inaccessible.
The selloff in AI infrastructure debt has put a harder question to Bitcoin miners building data centers for artificial-intelligence customers: how much of the build is already funded, and how much still depends on favourable markets?
Key Takeaways
CoreWeave’s market yield neared 15%; its 9.625% coupon did not change.
Core Scientific swapped a short-term loan for fixed-rate secured notes.
IREN disclosed customer-backed funding for much of its GPU equipment spend.
Contracts and guarantees reduce specific risks; they do not fund every construction cost.
CoinDesk’s October 15 market coverage tracked losses across AI infrastructure and mining shares as yields on CoreWeave’s 2032 dollar notes moved toward 15%. The move does not automatically make existing debt more expensive, but it raises the hurdle for companies and customers that need fresh capital to build more capacity.
Why this matters
AI contracts can support a project on paper. They do not eliminate the cost of power connections, equipment, construction and the time between spending money and receiving customer payments.
CoreWeave’s bond yield is a warning about new money
CoreWeave’s dollar notes due in 2032 were issued with a 9.625% fixed coupon. Their yield rose toward 15% after investors marked down the price of the existing bonds; later Thursday reporting put the yield near 14.6%.
A bond yield is the return demanded by someone buying the debt at its current market price. It does not reset the coupon CoreWeave already owes on those notes.
What changed:
Existing fixed-rate debt kept the same contractual interest cost. The warning is for future borrowing, refinancing and expansion plans that now face investors demanding a higher return.
That pressure can reach miners through their AI customers as well as their own balance sheets. A customer facing higher funding costs may reconsider an expansion timetable. A developer raising capital after its shares fall may need to issue more stock for the same proceeds. And a partly built facility may still need substantial funding before it can generate revenue.
What to check before treating an AI contract as protection
The important distinction is not simply whether a miner has announced an AI customer. It is whether its funding structure covers the work required before the contract starts producing cash.
Protection
What it can reduce
What it does not remove
Fixed-rate debt
Interest-cost uncertainty on debt already issued
The cost of future borrowing, refinancing or unfinished builds
Customer prepayment
Part of the upfront equipment spending
Uncovered development costs and delivery obligations
Third-party payment support
Specified tenant or customer payment obligations
Construction overruns, operating costs and risks outside that agreement
For scale, a three-percentage-point increase in the rate on $1 billion of newly borrowed money would add $30 million in annual interest before fees. That is an illustration, not a forecast for any company discussed below.
Core Scientific has removed one near-term funding risk
Core Scientific is directly exposed to AI infrastructure demand through colocation agreements with CoreWeave, under which it provides data-center capacity. Its debt structure has changed since the Morgan Stanley facility announced in March.
Its June-quarter filing says the company repaid and terminated that $1 billion facility on May 6. A subsidiary then issued $3.3 billion of secured notes with a 7.75% coupon, due in 2031. Core Scientific reported no variable-rate debt outstanding at June 30.
That means a rise in market yields does not immediately increase the interest cost on those secured notes. But the same filing describes an uncapped completion guarantee for specified projects, leaving execution and construction costs central to the investment case.
Core Scientific is also broadening its future customer pipeline. Its July agreement with AMD secured more than 500 megawatts of capacity for end-customer deployments beginning in 2027, with room to expand. The agreement adds potential future revenue; it does not mean that all construction spending has already become cash flow.
IREN shows why customer backing changes the picture
IREN’s August financial update sets out two different financing arrangements. Its Microsoft-related GPU financing of approximately $3.6 billion carried a weighted-average interest rate of 6%, excluding fees, while a separate $2.4 billion financing for the Mackenzie expansion carried a 9% fixed rate.
The company said Microsoft-related financing and customer prepayments covered about 96% of the associated GPU capital expenditure. This is meaningful protection for the equipment budget, but it is not a claim that 96% of every cost involved in building and operating IREN’s wider platform has been covered.
The comparison with CoreWeave’s market yield is not a like-for-like pricing exercise. Customer credit, collateral, maturity, guarantees and the date a transaction closes all affect the cost of debt. It does show why broad claims about “AI financing costs” conceal the project-specific details that matter most.
Customer support does not guarantee project delivery
Cipher Digital provides another example of limited but valuable protection. Its filings describe Google backing certain Fluidstack lease obligations tied to the Barber Lake facility.
Such an arrangement can strengthen the payment support behind a project. Its scope still matters: backing specified tenant obligations does not automatically pay for construction overruns, every operating expense or unrelated developments owned by the same company.
Before colocation revenue begins, power connections, equipment installation and commissioning all have to be completed on schedule. A strong customer agreement improves the path to payment; it cannot turn unfinished capacity into operating capacity.
Bitcoin can fund the transition once; construction spends repeatedly
Several miners have used Bitcoin treasury sales during their AI transition. Those proceeds can help pay for development, reduce debt or strengthen liquidity.
But an asset sale is a one-time source of cash, while construction requires successive payments before customers start paying. Lower Bitcoin prices reduce the dollars available from any remaining holdings, while weaker equity markets can make a new share sale more dilutive.
The central test for miners moving into AI: not the headline value of a contract, but the gap between money still needed to finish the facility and cash the customer has begun to pay.
CoreWeave’s debt selloff does not place every AI-expanding miner in the same position. Companies with fixed debt, customer-backed equipment funding or tightly defined payment support have more protection than those still dependent on new capital. In every case, the remaining spending, contract conditions and delivery timetable determine how much protection those structures actually provide.
This article is provided for informational purposes only and does not constitute financial or investment advice. Financing figures reflect the dates of the cited disclosures; market yields can change rapidly.
Author
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets.
His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream.
He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets.
Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines.
During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
TRV stock slides 4.02% in pre-market trading despite a strong third quarter.
Travelers posts $1.917 billion in Q3 net income, rising 2% from a year ago.
Core earnings rise 4% to $1.947 billion as investment income supports results.
Catastrophe losses reach $538 million, up from $402 million a year earlier.
Travelers buys back $1.508 billion in shares and declares a $1.25 dividend.
The Travelers Companies (TRV) stock fell 4.02% to $368.72 in Friday’s pre-market trading despite its stronger third-quarter earnings. Shares closed Thursday at $383.89, up 1.61%, before the decline erased those gains. The insurer reported $1.917 billion in net income alongside higher catastrophe costs.
The Travelers Companies, Inc., TRV
Earnings Rise Despite Higher Catastrophe Costs
Travelers reported $9.04 in diluted earnings per share, versus $8.24 a year earlier. Net income increased 2% from $1.888 billion, while core income rose 4% to $1.947 billion. Core earnings reached $9.18 per diluted share, compared with $8.14 last year.
Higher favorable reserve development and investment income supported results, although storms increased catastrophe losses. The company recorded $538 million in catastrophe losses, up from $402 million a year earlier. Meanwhile, favorable prior-year reserve development rose to $234 million from $22 million.
Underwriting gains reached $1.432 billion, increasing $54 million from the previous year. The combined ratio improved to 86.8% from 87.3%, reflecting stronger underwriting profitability. However, the underlying combined ratio edged up to 84.1% from 83.9%, indicating slightly higher underlying costs.
Premium Growth Varies Across Insurance Segments
Quarterly net written premiums totaled $11.480 billion, nearly unchanged from the previous year’s $11.473 billion. Excluding Canadian businesses sold this year, premiums grew 2%. Business Insurance premiums increased 3% to $5.868 billion, supported by renewals and new business.
Bond and Specialty Insurance generated $1.209 billion in written premiums, up 12%. The segment benefited from increased surety activity, while new business rose 18% annually. Conversely, Personal Insurance premiums declined 7% to $4.403 billion during the quarter.
Investment income rose as yields and average invested assets increased. Pre-tax net investment income rose 6% to $1.098 billion, while after-tax income reached $908 million. However, realized investment losses totaled $30 million after taxes, compared with $21 million in gains previously.
Share Repurchases Continue As Book Value Declines
Travelers returned approximately $1.8 billion to shareholders through repurchases and other capital distributions. It repurchased four million shares for $1.508 billion, averaging $376 per share. Travelers retained $2.415 billion under repurchase authorizations at September’s end.
Shareholders’ equity fell 12% from year-end 2025 to $28.995 billion as unrealized losses increased. Higher interest rates pressured the investment portfolio, reducing book value per share 6% to $141.48. Nevertheless, adjusted book value per share rose 9% to $172.47 over the same period.
For the first nine months, net income climbed 54% to $5.836 billion. The board declared a $1.25 quarterly dividend, payable December 31 to shareholders of record on December 10. Its nine-month combined ratio improved 6.9 points to 86.3%, reflecting lower catastrophe costs.
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.
Datadog trained its operations and maintenance (O&M) AI using Zhipu AI’s GLM model: The AI resolved 80 out of 90 fault evaluation cases, tying with GPT-6 Astra in score.
Insight Beating AI Flash News: U.S. monitoring software firm Datadog has launched its first dedicated operations and maintenance (O&M) model, Scout 1.0, built on Zhipu AI’s open-source GLM-5.3 Flash. Designed specifically for troubleshooting online system failures, Scout can query logs, monitoring metrics, and service call traces to gradually identify root causes of issues. Datadog built a simulation environment using real incident and monitoring data, then trained the model via reinforcement learning to eliminate false clues and support diagnostic conclusions with evidence. In 90 fault-troubleshooting tasks from public benchmark SREGym, Datadog’s self-test of Scout’s highest inference tier completed 80 diagnostic and repair tasks, tying with GPT-6 Astra xhigh and only 2 tasks fewer than GPT-6.1 Sol xhigh. The original GLM-5.3 Flash finished 66 tasks. In Datadog’s internal AlertEval evaluation, Scout’s mid-tier diagnostic quality is close to GPT-6.1 Sol high and Claude Opus 5.5 high, with an estimated inference cost 3 to 8 times lower. Compared to GPT-6 Astra medium, the cost is roughly 19 times lower. Scout has been integrated into Datadog’s Bits Investigation and is currently available in a closed preview to a small number of customers. At this stage, it mainly focuses on identifying fault causes and proposing recovery suggestions; automatic repair remains a future R&D goal.
9 minutes ago
NVIDIA is reportedly in talks to acquire Reflection's open-source Beam: Ranks second among U.S. open-source entities, trailing Meta by 9 points.
Beating AI Insight News Brief: US AI firm Reflection has uploaded the weights of its first large language model Beam 1.0 to Hugging Face, fulfilling its October 5 announcement. The model uses a Mixture-of-Experts (MoE) architecture, has a total of 501 billion parameters, with around 23 billion activated per inference, and supports a 1 million-token context window. Three versions—BF16, FP8, and NVFP4—are released simultaneously under the Apache 2.0 license, allowing commercial use and secondary development. Reflection also open-sourced its accompanying programming agent framework Mirror CLI, which supports tool calling, parallel task execution by multiple agents, and custom model interfaces. The company additionally launched DFlash2, a model accelerator that generates multiple candidate tokens in advance for validation by the main model. The vLLM team optimized Beam’s underlying code using the programming agent: on 8 GB200 GPUs, the per-step computation time for single-request decoding dropped from 8.95 milliseconds to 3.30 milliseconds, reaching 2.71 times the speed of the initial version. The release is backed by over 40 partners including AWS, Google Cloud, and NVIDIA. A recent independent evaluation by Artificial Analysis scored it 30 points, ranking second among open-weight models in the US, trailing only Meta’s Muse Spark Open (39 points). However, it falls behind Chinese models such as DeepSeek V4 Flash (39 points) and Zhipu GLM-5.3 (45 points). Reflection is valued at approximately $25 billion. On October 10, the Financial Times reported that NVIDIA, which has already invested around $800 million, is discussing further capital injection or an acquisition of Reflection.
9 minutes ago
Cantor Fitzgerald raised its price target for MSTR to $208, and forecasts Bitcoin will climb to $112,000 over the next 12 months.
Investment bank Cantor Fitzgerald today raised its price target for Strategy (Nasdaq: MSTR) from $186 to $208, while maintaining an Overweight rating. Analyst Ramsey El-Assal upgraded his 12-month Bitcoin price forecast from $98,000 to $112,000 in the latest report. The report also updated the company’s latest Bitcoin holdings data (approximately 848,000 coins) and lifted its enterprise value valuation from around $97 billion to roughly $110 billion. The adjustment reflects the analyst’s more optimistic assessment of the value of Strategy’s Bitcoin reserves, though the market remains focused on related risks such as whether the company may be removed from some MSCI indices.
9 minutes ago
TSLA dipped at the open, with a whale’s short position turning from unrealized loss to profit.
After the U.S. stock market opened, the TSLA contract on Hyperliquid dipped to $364.8, down around 1.3%. It briefly fell below the ~$365.3 level recorded at the start of the Roadster launch, erasing all gains made after the event. A whale address 0x0242…ffa1 holds TSLA short positions worth approximately $10.5 million; the short once had an unrealized loss of ~$310,000, and now has an unrealized profit of ~$66,000, with the position still open. Another whale address 0x7d04…9e7b’s TSLA long positions were partially liquidated: around 2,093 contracts were force-liquidated, worth ~$764,000, resulting in a realized loss of ~$27,800. The address still holds ~6,697 TSLA long positions, using 20x full leverage, valued at ~$2.45 million, currently with an unrealized loss of ~$84,000, and the liquidation price for its remaining positions is ~$361.8.
9 minutes ago
Bitcoin ETFs See $15.86M Inflow, Ethereum ETFs Lose $60.84M in Single Day
Cobo Wallet App announces it will shut down its services on December 1, and users must withdraw their assets in advance.
Cobo Wallet announced in a statement that its app services will officially shut down on December 1, 2026. Users are required to withdraw all assets and update Cobo Wallet receiving addresses previously set on other platforms by 23:59 on November 30. The notice warns that users who fail to withdraw assets within the deadline will incur account maintenance fees. This adjustment will directly impact users who still use the Cobo Wallet App for asset storage and receiving, and affected users should promptly confirm their on-chain assets, receiving addresses, and withdrawal whitelist settings on associated platforms. After the app shuts down, Cobo will charge a monthly account maintenance fee for any remaining assets in users’ accounts. The fee is calculated on a coin basis, equal to 2% of the remaining assets, with a minimum monthly charge equivalent to 100 U.S. dollars. Users who fail to complete asset withdrawals before the app shutdown will be deemed to have agreed to this fee arrangement. The statement did not specify the specific reason for the service shutdown, nor did it disclose whether other products or institutional businesses under Cobo will be affected.
Worldcoin (WLD) gained 6.60% to $0.5394 on Coinbase during the October 16 session.
South Korean trading interest intensified, with WLD’s reported domestic trading share reaching 26.5 times its global share.
Derivatives open interest climbed 23.51% to $322.4 million, an increase of approximately $61.4 million in outstanding positions.
WLD faces an immediate test near $0.54, while the rising channel and October 16 low define the downside risk.
Worldcoin (WLD) rallied on October 16 as unusually concentrated South Korean trading activity coincided with a sharp expansion in global derivatives positioning.
At the time of writing WLD trades at $0.5394, gaining 6.60% during the session. The token opened at $0.5058, fell to $0.4925 and subsequently reached an intraday high of $0.5459.
The recovery followed several volatile sessions. Historical market data show that WLD fell approximately 11% on October 12 before recovering part of those losses later in the week.
The latest advance is notable for the scale of the accompanying derivatives expansion. Rather than declining as traders close existing contracts, outstanding positions have increased sharply, suggesting that new speculative exposure is being established during the rebound.
South Korean Trading Interest Accelerates
Worldcoin led South Korea’s domestic cryptocurrency interest index on October 16 with a reported score of 85.6 points, according to TokenPost.
Domestic trading volume reached 89.87 billion won, approximately $65 million, while WLD’s share of Korean cryptocurrency trading was reportedly 26.5 times its corresponding global share.
The concentration points to unusually strong local participation.
A geographical imbalance of this magnitude can influence short-term trading conditions, particularly when local demand is strong enough to attract arbitrage activity between exchanges.
However, the reported ratio compares market shares, not net purchases. High turnover can result from repeated buying and selling of the same tokens.
WLD’s global 24-hour trading volume also increased 36.55% to approximately $399.5 million, indicating that activity expanded beyond the Korean market.
The combination of concentrated domestic interest and rising global turnover provides a credible explanation for the increased attention surrounding WLD, although neither measure independently establishes the direction of net capital flows.
WLD Open Interest Expands by $61 Million
Derivatives data from Coinalyze provides a more direct measure of changing market participation.
The supplied market snapshot shows total WLD open interest increasing 23.51% over 24 hours to $322.4 million.
That implies approximately $261 million in outstanding positions a day earlier, meaning the reported dollar value of open interest expanded by roughly $61.4 million.
The exchange breakdown reveals a highly concentrated derivatives market.
Binance accounts for $111.9 million, followed by Bybit at $90.9 million, Hyperliquid at $79.1 million and OKX at $37.2 million. Together, those four venues represent approximately 99% of reported open interest.
WLD / Derivatives Monitor
Where Traders Hold WLD Exposure
Exchange-level open interest · October 16, 2026
Total Open Interest
$322.4M
24H Change
+23.51%
Market Share Distribution
% of reported OI
Binance, Bybit and Hyperliquid account for approximately 87.4% of reported positions.
Binance
34.7%
$111.9M
Bybit
28.2%
$90.9M
Hyperliquid
24.5%
$79.1M
OKX
11.5%
$37.2M
Values calculated from the supplied derivatives snapshot. Exchange shares are rounded; remaining venues account for approximately 1.1%.
The increase contrasts with WLD’s October 10 advance, when Binance futures open interest declined 9.33% as prices rose. That earlier combination was consistent with traders closing existing positions, including potential short covering.
The latest expansion suggests a different trading environment.
Rising prices alongside higher open interest indicate growing participation, but they do not establish that bullish positions dominate. Every new derivatives contract involves both a buyer and a seller.
Funding rates would help clarify which side is paying to maintain exposure. Without synchronized funding data across the leading exchanges, the increase in open interest is best interpreted as expanding speculative activity rather than proof of an overcrowded long trade.
The practical consequence is greater sensitivity to sudden price changes if leveraged positions become concentrated.
WLD Tests Fibonacci Resistance Near $0.54
Worldcoin’s daily chart shows an ascending channel that has guided the recovery since September.
The latest rebound developed near the channel’s lower boundary, bringing WLD back toward the 23.6% Fibonacci retracement at $0.5431.
Worldcoin trades near $0.54 within an ascending channel, with RSI and MACD signaling mixed momentum. Source: TradingView, Chart by Alexander Zdravkov
That level is calculated from the broader swing between $0.2933 and $0.6203.
WLD briefly exceeded the retracement during the October 16 session, but the quoted price remained slightly below it at the chart’s timestamp.
Two technical scenarios now define the near-term setup.
Bullish continuation: A sustained daily close above the $0.5431–$0.5459 resistance area would strengthen the recovery and bring the upper portion of the ascending channel back into focus. The previous swing high at $0.6203 remains the broader upside reference.
Bearish breakdown: A daily close below the October 16 low of $0.4925, accompanied by a break of the rising channel boundary, would undermine the current stabilization attempt. The 50% Fibonacci retracement at $0.4568 would then become a relevant lower reference.
The $0.50 region is particularly important because recent price action has repeatedly tested that area and the channel’s rising support line passes nearby.
Momentum indicators remain mixed.
The relative strength index stands at 55.10, slightly below its moving average of 55.92. Meanwhile, the MACD line at 0.0160 remains below its signal line at 0.0230, producing a negative histogram of approximately -0.0069.
The RSI reading shows that WLD has recovered above the neutral midpoint, while MACD indicates that upside momentum has not yet regained its earlier strength.
That divergence makes the current resistance test more significant than the percentage gain alone.
Worldcoin’s Unlock Schedule Adds a Supply Consideration
Worldcoin’s derivatives expansion is occurring alongside continued scheduled token releases.
According to World’s official tokenomics announcement, the daily WLD unlock rate decreased approximately 43% on July 24, 2026, from 5.1 million to 2.9 million tokens.
The reduction included community allocations falling from 3.2 million to 1.6 million WLD per day, while investor and team allocations declined from 1.9 million to 1.3 million.
The project uses continuous daily unlocks rather than a single monthly release event.
At the October 16 quoted price, the current scheduled rate represents approximately $1.56 million in notional token value per day, or $46.9 million over 30 days.
These figures measure the value of tokens becoming unlocked, not confirmed exchange sales. The distinction is especially relevant because World’s tokenomics whitepaper separates unlocked supply from circulating supply, with some unlocked tokens remaining outside active circulation.
The slower unlock schedule reduces the pace at which restrictions expire, but existing circulating tokens and future releases remain part of WLD’s supply outlook.
For traders, the immediate assessment is more narrowly defined.
WLD has recovered toward $0.54 while South Korean activity remains concentrated and global derivatives exposure expands. A confirmed break above the latest intraday high would strengthen the bullish price structure, while a loss of $0.4925 alongside the ascending channel would favor renewed downside pressure.
Alexander Zdravkov is a crypto journalist and market analyst specializing in digital assets, blockchain technology, and the rapidly evolving cryptocurrency market. He entered the industry more than four years ago, drawn to the speed of innovation in crypto and the potential of blockchain-based financial systems to reshape traditional markets.
His work focuses on understanding the forces behind crypto market movements, from Bitcoin and altcoin cycles to institutional adoption, regulation, exchange-traded products, stablecoins, DeFi, and emerging blockchain ecosystems. Rather than simply following price action, Alexander looks at liquidity, investor positioning, market structure, and macroeconomic conditions to identify developing trends and explain what they could mean for digital assets.
With a degree in International Relations, he brings a broader perspective to cryptocurrency coverage by connecting developments in the sector with monetary policy, geopolitics, regulation, and global capital flows. This allows him to examine crypto not as an isolated market, but as an increasingly interconnected part of the global financial system.
Over the course of more than five years in financial journalism, Alexander has written over 5,000 articles covering cryptocurrencies, blockchain, traditional markets, and the global economy. His reporting spans Bitcoin, Ethereum and altcoins, DeFi protocols, institutional crypto adoption, regulation, market infrastructure, security incidents, and major developments shaping the wider digital asset industry.
His approach is centered on giving readers context behind the numbers and headlines, explaining not only what is happening in crypto markets, but why it matters and what could come next.
New York City Comptroller Calls on Anthropic to Delay Large-Scale IPO Until AI Security and Governance Risks Are Addressed.
According to Bloomberg, New York City Comptroller Mark Levine has urged Anthropic to delay its planned IPO until the company addresses AI safety and governance risks. Anthropic has since engaged in discussions with Levine. Levine oversees public pension funds holding over $325 billion in assets, warning that a major AI safety incident post-IPO could severely harm investor interests. Reports indicate Anthropic aims to conduct its IPO as early as November, with its quarterly revenue previously totaling $16.8 billion.
1 seconds ago
Lighter posted a notice announcing it will launch options trading services.
Lighter's official account took to social media to post "Options season. Coming soon", teasing the upcoming launch of its options trading service, with specific details still unannounced.
1 seconds ago
DeepSeek integrates four teams to launch a new product department, helmed by former Jane Street engineer Cui Tianyi.
Beating AI News Flash: DeepSeek has restructured its organization, integrating the Agent Harness, Web, App, and Platform teams into a Product Department that will oversee product, design, and related R&D work. On October 16, newly appointed head Cui Tianyi confirmed the news to The Paper. Cui, a computer science graduate from Zhejiang University, has won six ACM Asia Regional Contest gold medals and spent nine years at quantitative trading firm Jane Street. He joined DeepSeek in March this year and was tasked with building the Agent Harness team. The team’s developed DeepSeek Harness was open-sourced in August, with Windows and macOS desktop preview versions launched in September. The latest restructuring merges the team in charge of the Agent runtime framework with the web, App, and open platform teams. DeepSeek will no longer separate underlying agent capabilities from user product development, instead unifying oversight under the same department. The new department has also started recruiting product managers and designers.
1 seconds ago
Likely impacted by the warning of being removed from the MSCI index, MSTR opened more than 4% lower.
According to market data from BIT (bit.com), MSTR opened more than 4% lower and is currently trading at $145.1, likely impacted by MSCI's warning that Strategy may be removed from its global index.
1 seconds ago
Changxin projects net profit of RMB 131 billion to RMB 132.5 billion for the first three quarters of 2026, and plans to repurchase shares worth RMB 1 billion to RMB 2 billion via centralized bidding transactions.
Changxin Technology announced that it expects its operating revenue for the first three quarters of 2026 to range from RMB 265 billion to RMB 270 billion, a year-on-year increase of RMB 232.916 billion to RMB 237.916 billion. The company also projects net profit attributable to its listed shareholders to be between RMB 131 billion and RMB 132.5 billion, compared with a net loss of RMB 5.28 billion in the same period last year, marking a year-on-year turnaround from loss to profit.
The company attributed the results to factors including growing demand for AI computing power and improving prosperity in the DRAM sector, which have led to tight product supply and sharp price hikes. Changxin is advancing capacity construction, product R&D, process technology upgrades, optimizing operational management, and expanding its market presence.
Additionally, the company’s board of directors received a letter on October 16, 2026, from Chairman Zhu Yiming proposing a share repurchase plan. The repurchase will be carried out via centralized bidding transactions, with total funds ranging from no less than RMB 1 billion (inclusive) to no more than RMB 2 billion (inclusive), and the repurchase price will not exceed 150% of the average trading price of the company’s stock over the 30 trading days prior to the board’s resolution approving the repurchase plan. The repurchased shares are intended for employee equity incentives, employee stock ownership plans, or reducing the company’s registered capital; the relevant plan still requires approval from the board of directors or the general meeting of shareholders.
(Source: Jinshi)
1 seconds ago
US stock market opens with mixed performance across its three major indices, while the storage sector sees broad declines.
According to BIT (bit.com market data), the US stock market opened as follows: the Dow Jones rose 0.35%, the S&P 500 gained 0.1%, and the Nasdaq declined 0.23%. Tesla (TSLA.O) climbed 1.6% as its "flying" Roadster was officially unveiled. Apple (AAPL.O) rose 1%, with its iPhone Duo pre-orders selling out immediately. The storage sector opened lower across all five trading days this week; SK Hynix (SKHY.O) fell 3.8%, and SanDisk (SNDK.O) dropped 3.4%.
CoreWeave (NASDAQ: CRWV) shares fell 4.75% to $66.38 in premarket trading Friday amid continuing concerns over the company’s debt-funded AI infrastructure expansion, despite Cathie Wood’s ARK Invest buying 381,231 shares over the previous two trading sessions.
CoreWeave’s 9.625% unsecured notes due in 2032 traded below 80 cents on the dollar on Wednesday, pushing their secondary-market yield above 15%. The bonds recovered to about 81 cents on Thursday, with yields around 14.6%, but remained well below face value.
The higher secondary-market yields reflect the bonds’ lower trading prices, not a change in their fixed 9.625% coupon. The bond market pressure comes as CoreWeave relies heavily on external capital to buy advanced Nvidia processors and expand its data centers.
ARK purchased an additional 192,566 CoreWeave shares on Thursday, including 148,950 through its ARK Innovation ETF (ARKK) and 43,616 through the ARK Next Generation Internet ETF (ARKW), according to the investment firm’s daily trade disclosures. The latest purchase was worth approximately $13.4 million at Thursday’s closing price of $69.69.
The transaction followed Wednesday’s purchase of 188,665 shares across the same two funds, valued at approximately $12.4 million using that day’s closing price of $65.78. Based on the respective closing prices, the combined purchases totaled an estimated $25.8 million. The calculation does not reflect the actual prices ARK paid for the shares.
CoreWeave Shares Swing as Nvidia Addresses Financing Concerns The purchases came during a sharp selloff in CoreWeave shares. The stock dropped 15.46% on Wednesday before staging a volatile recovery Thursday, when it touched a new 52-week low of $59.51 and then rebounded 5.94% to close at $69.69.
During Thursday’s session, Nvidia CEO Jensen Huang told Bloomberg that CoreWeave’s financial strength was improving and its cost of capital was declining. He also said he saw no need for Nvidia to provide a financial backstop to the company, an assessment that contrasted with the recent rise in yields on CoreWeave’s unsecured bonds.
Nvidia already has a separate commercial agreement with CoreWeave, initially valued at $6.3 billion, that requires it to purchase residual unsold cloud-computing capacity through April 2032, subject to contractual conditions. The arrangement, disclosed in a September 2025 SEC filing, is a commercial purchase commitment rather than a debt guarantee.
Friday’s premarket decline wiped out about 85% of Thursday’s $3.91-per-share gain, leaving the stock slightly above its Wednesday closing price.
Financing Costs Draw Fresh Analyst Scrutiny Morningstar lowered its CoreWeave valuation to $108 from $115, according to a Friday report. The research firm cited financing risks, noting that lower rates on the company’s delayed-draw term loans did not guarantee additional investment-grade financing. It also flagged competition for capital from larger hyperscalers with stronger credit profiles.
On Thursday, Mizuho analyst Gregg Moskowitz lowered his price target on CoreWeave to $88 from $115, a reduction of approximately 23.5%, while maintaining a Neutral rating.
During the second quarter, CoreWeave reported $9.4 billion in capital expenditures against revenue of $2.58 billion, illustrating the scale of its ongoing infrastructure expansion.
As of June 30, CoreWeave carried approximately $35.1 billion in borrowings and another $16.5 billion in operating and finance lease liabilities, according to its second-quarter SEC filing. Its second-quarter net interest expense reached $640 million.
According to Reuters, CoreWeave CEO Mike Intrator told employees in a Wednesday memo that the company’s contracted backlog was large enough to cover its debt obligations with room to spare.
The company reported approximately $104.2 billion in revenue backlog as of June 30, excluding more than $25 billion in additional customer commitments secured early in the third quarter. That backlog represents expected future revenue under committed contracts, subject to service delivery requirements, rather than cash immediately available to fund operations.
At the indicated Friday premarket price, CoreWeave shares were approximately 19% below their October 9 close of $82.08.
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.
Upbit official announcement: Due to BitMEX terminating access to the travel rule solution VerifyVASP, Upbit will suspend digital asset deposits and withdrawals of 1 million KRW or more between the two exchanges starting October 16. Deposits under 1 million KRW will remain supported as normal. Manual deposits of 1 million KRW or more from BitMEX to Upbit will be discontinued from 14:00 on December 18. Any such assets received after that will enter a refund process, and users must retrieve them in accordance with the refund procedure.
DeepSeek integrates four teams to launch a new product department, helmed by former Jane Street engineer Cui Tianyi.
Beating AI News Flash: DeepSeek has restructured its organization, integrating the Agent Harness, Web, App, and Platform teams into a Product Department that will oversee product, design, and related R&D work. On October 16, newly appointed head Cui Tianyi confirmed the news to The Paper. Cui, a computer science graduate from Zhejiang University, has won six ACM Asia Regional Contest gold medals and spent nine years at quantitative trading firm Jane Street. He joined DeepSeek in March this year and was tasked with building the Agent Harness team. The team’s developed DeepSeek Harness was open-sourced in August, with Windows and macOS desktop preview versions launched in September. The latest restructuring merges the team in charge of the Agent runtime framework with the web, App, and open platform teams. DeepSeek will no longer separate underlying agent capabilities from user product development, instead unifying oversight under the same department. The new department has also started recruiting product managers and designers.
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Likely impacted by the warning of being removed from the MSCI index, MSTR opened more than 4% lower.
According to market data from BIT (bit.com), MSTR opened more than 4% lower and is currently trading at $145.1, likely impacted by MSCI's warning that Strategy may be removed from its global index.
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Changxin projects net profit of RMB 131 billion to RMB 132.5 billion for the first three quarters of 2026, and plans to repurchase shares worth RMB 1 billion to RMB 2 billion via centralized bidding transactions.
Changxin Technology announced that it expects its operating revenue for the first three quarters of 2026 to range from RMB 265 billion to RMB 270 billion, a year-on-year increase of RMB 232.916 billion to RMB 237.916 billion. The company also projects net profit attributable to its listed shareholders to be between RMB 131 billion and RMB 132.5 billion, compared with a net loss of RMB 5.28 billion in the same period last year, marking a year-on-year turnaround from loss to profit. The company attributed the results to factors including growing demand for AI computing power and improving prosperity in the DRAM sector, which have led to tight product supply and sharp price hikes. Changxin is advancing capacity construction, product R&D, process technology upgrades, optimizing operational management, and expanding its market presence. Additionally, the company’s board of directors received a letter on October 16, 2026, from Chairman Zhu Yiming proposing a share repurchase plan. The repurchase will be carried out via centralized bidding transactions, with total funds ranging from no less than RMB 1 billion (inclusive) to no more than RMB 2 billion (inclusive), and the repurchase price will not exceed 150% of the average trading price of the company’s stock over the 30 trading days prior to the board’s resolution approving the repurchase plan. The repurchased shares are intended for employee equity incentives, employee stock ownership plans, or reducing the company’s registered capital; the relevant plan still requires approval from the board of directors or the general meeting of shareholders. (Source: Jinshi)
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US stock market opens with mixed performance across its three major indices, while the storage sector sees broad declines.
According to BIT (bit.com market data), the US stock market opened as follows: the Dow Jones rose 0.35%, the S&P 500 gained 0.1%, and the Nasdaq declined 0.23%. Tesla (TSLA.O) climbed 1.6% as its "flying" Roadster was officially unveiled. Apple (AAPL.O) rose 1%, with its iPhone Duo pre-orders selling out immediately. The storage sector opened lower across all five trading days this week; SK Hynix (SKHY.O) fell 3.8%, and SanDisk (SNDK.O) dropped 3.4%.
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AI-related stocks in the US stock market came under renewed pressure at the opening, while crypto-related stocks posted synchronized broad declines.
According to BIT (bit.com) market data, U.S. stocks opened with the Dow Jones up 0.35%, S&P 500 up 0.1%, and Nasdaq down 0.23%. Individual stock moves: SPCX down 2.49%, ORCL down 1.76%, NVDA down 0.46%. Optical module stocks: COHR down 2.47%, LITE down 0.79%, AAOI down 2.84%, NOK down 0.21%, MRVL down 2.29%; storage stocks: SKHY down 4.23%, STX down 2.17%, WDC down 3.07%, SNDK down 3.02%, MU down 3.03%; crypto-related stocks: SBET down 3.42%, BMNR down 2.83%, GEMI down 2.68%, BLSH down 0.96%, CRCL down 1.16%, MSTR down 4.33%, COIN down 2.05%, ASST down 2.11%.
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NeoSoul (DNA) briefly broke through $0.3.
According to GMGN market data, NeoSoul (DNA) briefly broke through $0.3, and is now trading at $0.28, with a fully diluted valuation (FDV) of $280 million and a 24-hour trading volume of $37 million.
XRP is testing its 200-day SMA zone as its 2023 rebound offers a historical comparison that would map a recovery toward roughly $3.20.
XRP has returned to the same long-term moving-average area that helped establish a recovery base in 2023.
With XRP now trading near $1.31 and its 200-day simple moving average around $1.37, the immediate test is whether buyers can reclaim the trend line and repeat part of the earlier rebound.
XRP 200 Day SMA Rebound Scenario
XRP is currently about 4% below the 200-day SMA. That makes the present setup slightly weaker than a clean support test from above: price first needs to recover the average before it can attempt to turn it back into support.
XRP Defended the $0.40 Area in 2023
In March 2023, XRP pushed above its 200-day SMA, which stood near $0.40 at the time. Price later returned toward the same broader moving-average area in May, briefly slipping below it before recovering.
Historical data places XRP’s May low near $0.4217, while contemporary analysis highlighted $0.40 as the main support zone.
That defense eventually preceded a much larger move. XRP reached approximately $0.938 on July 13, representing an increase of roughly 134.5% from $0.40.
The strongest leg of that rally followed the court ruling in the SEC’s case against Ripple, so the 200-day average was not the only driver. It acted as a technical foundation before a separate catalyst accelerated the move.
What a Similar XRP Bounce Would Mean in 2026
The current 200-day SMA is near $1.3665. Applying the same 134.5% increase recorded from the 2023 support area would produce an XRP price of approximately $3.20.
That is a historical-repeat calculation rather than a fixed forecast.
From the current price near $1.31, reaching $3.20 would require an advance of about 145%.
The resulting level would still sit below XRP’s 2025 peak near $3.66, meaning the scenario would represent a substantial recovery without necessarily producing a new record.
XRP Must First Reclaim the 200-Day SMA
The 2023 comparison only becomes useful if XRP recovers above the 200-day SMA and holds it.
A move back above roughly $1.37, followed by a successful retest, would show that buyers are again defending the longer-term trend measure. That would give XRP a base from which to attempt a broader recovery.
Continued trading below the average would weaken the comparison. Instead of acting as support, the 200-day SMA would become overhead resistance, leaving XRP vulnerable to further downside before any larger bounce develops.
The current setup is therefore not yet at the projected stage. XRP first needs to reclaim its 200-day SMA. If it then reproduced the scale of its 2023 recovery from that moving-average zone, the proportional target would sit near $3.20.
GIBRALTAR, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Aurora Intents, the cross-chain execution solution built by Aurora Labs, now powers deposits intoElara Finance directly from Solana. Solana users can now deposit into Elara, a treasury product from the Brila ecosystem, with one signature from their Solana wallet. Staked as sELUSD, Elara's stablecoin elUSD earns yield from stablecoin market making, giving Solana users a way to put idle stablecoins to work without leaving their wallet.
Moving tokens across chains is only half the problem. The harder part is doing something with them once they arrive: minting, staking, depositing. Intents Connect handles that last step, so an app can let users act on another chain from the wallet they already use.
Funds move to Ethereum, where Elara mints elUSD. From there, the user stakes it into sELUSD with a second signature from the same Solana wallet. Both tokens stay on Ethereum in an account controlled by the user’s Solana wallet. Aurora Intents never holds the funds.
"Every extra step between a user and a product costs that product deposits," said Declan Hannon, CEO of Aurora Labs. "Bridging and buying gas are two steps most Solana users would rather skip. Elara can now accept those users as they are, and Aurora Intents handles everything in between."
The return trip works the same way. Users unstake sELUSD, redeem ELUSD for stablecoins, and Aurora Intents returns the funds to their Solana wallet.
“Our job is to make idle stablecoins productive, and a lot of that capital is held on Solana,” said Sebastien Davies, Head of Strategy, Elara. “Aurora Intents gives those holders a direct route into Elara without bridging or managing a second wallet. It brings our yield to them, wherever their funds are.”
Today’s launch connects Solana wallets to Elara, with deposits and withdrawals handled from the same wallet. The Solana route is live now at app.elara.fi.
Aurora Intents powers that connection through NEAR Intents, a solver network that has processed more than $34 billion in transactions.
About Aurora Intents
Aurora Intents is the cross-chain execution layer for on-chain applications. It enables users and systems to move assets, execute actions, and access liquidity across chains - without bridging screens, wallet switching, or per-chain gas management. Aurora Intents is built on top of NEAR Intents, the underlying solver network developed by NEAR Protocol.
About Elara Finance
Elara Finance is a treasury management product from the Brila ecosystem. Users deposit stablecoins to mint elUSD, a dollar-referenced treasury asset, and stake it as sELUSD to earn yield from stablecoin market making.
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This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, Binance will support the Velodrome Finance (VELODROME) token merge to Aerodrome (AERO) and the AERO contract swap. General TradingAt 2026-11-03 03:00 (UTC), Binance will remove all existing VELODROME spot trading pairs (i.e., VELODROME/USDT) and cancel all pending VELODROME spot trading orders.Trading on existing AERO spot trading pairs will not be affected.Deposits and WithdrawalsVELODROME:At 2026-11-03 03:30 (UTC), deposits and withdrawals of VELODROME tokens will be suspended. Users should ensure they leave sufficient time for their VELODROME token deposits to be fully processed prior to this time. After the event is complete, deposits and withdrawals of VELODROME tokens will no longer be supported.AERO:At 2026-11-03 03:30 (UTC), deposits and withdrawals of AERO tokens will be suspended. Users should ensure they leave sufficient time for their AERO token deposits to be fully processed prior to this time. After the event is complete, Binance will make a separate announcement to inform users when deposits and withdrawals of AERO tokens have opened.Binance will handle all technical requirements for users who are involved in these events.Users may refer to the announcement from the project team for more information. Please take note of these key tokenomics changes after this event: The total supply of AERO will increase from 2 billion to 2.12 billion.The circulating supply of AERO will increase from 1 billion to 1.07 billion.Risk warning banner and pop-up notification will be displayed on the Binance trading page.More information can be found here. Token Merge All VELODROME tokens will be swapped to AERO at a ratio of 1 VELODROME = 0.044 AERO. Contract Swap All old AERO tokens will be swapped to new AERO at a ratio of 1 old AERO = 1 new AERO. Spot At 2026-11-02 03:00 (UTC),Binance Spot Copy Trading will remove the aforementioned spot trading pairs. After this time, any outstanding spot trading pairs will be moved to the Spot Account. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to this time to avoid potential losses.At 2026-11-03 03:00 (UTC), Binance will remove and cease trading on all spot trading pair(s) for VELODROME. The exact trading pair being removed is VELODROME/USDT. All trade orders will be automatically removed after trading ceases in each respective trading pair.Binance will remove Trading Bots services for the aforementioned spot trading pair(s) where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.Trading on existing AERO spot trading pairs will not be affected. Futures Starting from 2026-10-28 08:30 (UTC), users are not allowed to open new positions for the aforementioned contract(s). At 2026-10-28 09:00 (UTC),Binance Futures will close all positions and conduct an automatic settlement on the aforementioned contract(s). The aforementioned contract(s) will be removed after the settlement is complete. Users are advised to close any open positions prior to the settlement time to avoid automatic settlement. Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the VELODROMEUSDT symbol(s).During the final hour proceeding the scheduled settlement time of a futures contract, the Futures Insurance Fund will not be utilised to support the liquidation process in respect of that futures contract. Any such liquidation triggered during the final hour will be executed as a single Immediate or Cancel order (“IOCO”), which will be offloaded into the market in one attempt. If, following the execution of the IOCO, the assets remaining available in the user's account are sufficient to meet the required Maintenance Margin (after accounting for realized losses and any applicable Liquidation Clearance Fee), the liquidation will cease. If the IOCO fails to fully reduce the position to a level that satisfies the Margin Maintenance requirements, any unfilled portion of the position will be resolved through the Auto-Deleveraging (ADL) process. Users are strongly advised to actively monitor and manage open positions during the final hour, as this period may be subject to heightened volatility and reduced liquidity.In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the aforementioned contract(s) without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Margin At 2026-10-20 06:00 (UTC),Binance Margin will suspend Cross Margin and Isolated Margin borrowings on the aforementioned pair(s).At 2026-10-28 10:00 (UTC) (Margin Scheduled Removal Time),Binance Margin will remove VELODROME from Cross and Isolated Margin. The VELODROME/USDT Cross Margin pair, and VELODROME/USDT Isolated Margin pair will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said token(s), these users may only manually transfer up to the amount of liabilities of that token(s) into their Margin Accounts, less any collateral already available.At the Margin Scheduled Removal Time, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned Isolated Margin pair(s), which will then be removed from Isolated Margin.At the Margin Scheduled Removal Time, if users hold both collateral and liabilities of the aforementioned token(s) on Cross Margin, the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: The aforementioned tokens will be sold to USDT or USDC, and the proceeds will be added to the user's Margin balance accordingly. Binance is not liable for any losses incurred.If users only hold the aforementioned token(s) in the form of liabilities: All pending orders in their Cross Margin Accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the aforementioned token(s)’ liabilities.Please note that users will not be able to update their positions during the removal process, which may take approximately 3 hours. Users are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading at Margin Scheduled Removal Time Binance will not be responsible for any potential losses.Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balances before Margin Scheduled Removal Time where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. All VELODROME balances in the Cross Margin Account under the Portfolio Margin Account will be automatically converted to USDT or USDC from Margin Scheduled Removal Time. The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. Refer to this FAQ for more information. Loans At 2026-10-28 03:00 (UTC), Binance Loans (Flexible Rates) and VIP Loan will close all outstanding loan positions for VELODROME (both loanable tokens and collateral tokens will be closed). Users are strongly advised to repay their outstanding VELODROME loans before this time to avoid any potential losses. Please refer to the Binance Loans (Flexible Rates) and VIP Loan FAQs for more information. More details are also available in the Binance Loans and VIP Loan Terms and Conditions. Simple Earn From 2026-11-02 07:00 (UTC), Binance Simple Earn will cease support for VELODROME Simple Earn Flexible Products. Subscriptions will no longer be available. All remaining VELODROME Flexible Products positions, together with any accrued rewards, will be automatically redeemed to users’ Spot Accounts. Users can choose to redeem their assets from VELODROME Simple Earn Flexible anytime beforehand without deduction of any accrued rewards. After 2026-11-06 08:00 (UTC), Binance Simple Earn will resubscribe the converted AERO assets for Flexible Products for impacted users. Binance Pay At 2026-10-30 07:00 (UTC), Binance will remove VELODROME from the list of supported cryptocurrencies on Binance Pay. Gift Card Binance Gift Card will remove VELODROME at 2026-11-03 03:00 (UTC). Users are encouraged to manage Gift Cards containing these token(s) in advance to avoid any inconveniences. Convert Binance Convert will remove VELODROME and all associated pairs at 2026-11-03 02:00 (UTC). Convert Low-Value Assets Convert Low-Value Assets will remove VELODROME at 2026-11-02 02:00 (UTC). Users may choose to convert the low-value assets beforehand. Buy & Sell Crypto At 2026-11-02 02:00 (UTC), Buy & Sell Crypto will remove VELODROME and all associated pairs. Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-10-16 Disclaimers: USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
SpaceX will release its Q3 financial and operational results after U.S. stock market hours on October 20.
According to official announcements, SpaceX will release its third-quarter 2026 financial and operational results on October 20, 2026. A live audio-only webcast will be held at 3:30 PM Central Time that day.
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Circle: First-half revenue hits $1.4 billion, with nearly 60% going toward partner and transaction costs.
On October 16, Circle released an announcement stating that in the first half of 2026, USDC on-chain settlement volume exceeded $36 trillion, with Circle minting and redeeming over $315 billion worth of USDC during the same period, averaging around $1.7 billion per day. The company said that as of June, USDC accounted for approximately 77% of global stablecoin trading volume, up from 60% a year prior. What drew more market attention was USDC’s revenue allocation. Circle disclosed that the company generated roughly $1.4 billion in revenue in the first half, of which about $819 million went to USDC distribution partners and transaction costs, accounting for around 59% of total revenue; another $473 million was allocated to licenses, banking partnerships, settlement liquidity, compliance frameworks, product development, and multi-chain deployments, making up roughly 34%. Per the announcement’s metrics, Circle retains only about 7 cents in net profit for every $1 of revenue it earns. The announcement appears to be a response to market skepticism over “stablecoin issuers hoarding reserve profits”. Circle stated that partners can share corresponding reserve earnings by holding and growing USDC balances on their platforms; more than 150 exchanges, wallets, banks, fintech firms, payment platforms, and enterprises have now formed economic ties tied to USDC’s growth. Circle also noted that Binance signed a five-year commercial agreement with it in September and invested $100 million in the company. On the product front, Circle announced an expansion of its free redemption mechanism: all Circle customers can still redeem USDC for free via traditional banking channels, with funds typically arriving in no more than two business days; eligible customers making payments through the Circle Payments Network or using products like Arc, Circle Mint, and Circle Wallets will gain access to free, near-real-time redemption capabilities.
8 minutes ago
Bank of America warns: AI investment boom is showing signs of classic capital cycle risks.
A US bank warns that the AI investment boom is exhibiting signs of classic capital cycle risks: surging spending, intensifying competition, and falling prices. Capital expenditure expectations for large-scale cloud providers have jumped from $330 billion to $1 trillion, roughly equivalent to 3% of U.S. GDP. Meanwhile, AI token prices have dropped approximately 50% since summer, and growth in usage may not translate to sufficient revenue. The key risk is that AI technology could succeed, yet investors will be harmed by overinvestment and declining returns.
8 minutes ago
Circle mints an additional 250 million USDC on the Solana network.
According to monitoring by Whale Alert, Circle minted an additional 250 million USDC on Solana at 20:21 Beijing Time today.
8 minutes ago
Strategy plans to switch STRC to daily dividend payouts, with its annualized dividend rate remaining at 12% in November.
Strategy announced that its variable-rate Series A perpetual preferred stock (STRC) has conditionally declared daily dividends for the period November 1 to November 30, 2026, with the annualized regular dividend rate remaining at 12.00%. The arrangement is contingent on Strategy shareholders’ approval of the daily dividend amendment at its special general meeting on October 28, as well as the completion and entry into force of the relevant preferred stock term revisions. If the conditions are met, STRC will use calendar days as dividend record dates starting November 1, including weekends and U.S. public holidays; corresponding dividends will be paid on the next business day following the applicable record date. This adjustment will change STRC’s cash flow rhythm. The product currently operates on a twice-monthly dividend distribution mechanism; going forward, holders will receive more frequent, smaller individual dividend payments. Strategy stressed that the adjustment will not alter the annualized dividend rate or total annual dividend amount. Should the amendment fail to pass, STRC will continue its existing semi-monthly dividend distribution schedule. Per the proposed terms, the 12% rate will apply to the entire month of November; thereafter, STRC’s applicable dividend rate will be determined monthly, with the company required to announce the next month’s rate by the 15th day of the preceding month.
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Bank of Japan Governor: Will continue to raise interest rates as underlying inflation approaches 2%
Bank of Japan Governor Kazuo Ueda said the central bank will continue raising interest rates, as underlying inflation is near 2% and financial conditions remain accommodative.
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.
Circle: First-half revenue hits $1.4 billion, with nearly 60% going toward partner and transaction costs.
On October 16, Circle released an announcement stating that in the first half of 2026, USDC on-chain settlement volume exceeded $36 trillion, with Circle minting and redeeming over $315 billion worth of USDC during the same period, averaging around $1.7 billion per day. The company said that as of June, USDC accounted for approximately 77% of global stablecoin trading volume, up from 60% a year prior.
What drew more market attention was USDC’s revenue allocation. Circle disclosed that the company generated roughly $1.4 billion in revenue in the first half, of which about $819 million went to USDC distribution partners and transaction costs, accounting for around 59% of total revenue; another $473 million was allocated to licenses, banking partnerships, settlement liquidity, compliance frameworks, product development, and multi-chain deployments, making up roughly 34%. Per the announcement’s metrics, Circle retains only about 7 cents in net profit for every $1 of revenue it earns.
The announcement appears to be a response to market skepticism over “stablecoin issuers hoarding reserve profits”. Circle stated that partners can share corresponding reserve earnings by holding and growing USDC balances on their platforms; more than 150 exchanges, wallets, banks, fintech firms, payment platforms, and enterprises have now formed economic ties tied to USDC’s growth. Circle also noted that Binance signed a five-year commercial agreement with it in September and invested $100 million in the company.
On the product front, Circle announced an expansion of its free redemption mechanism: all Circle customers can still redeem USDC for free via traditional banking channels, with funds typically arriving in no more than two business days; eligible customers making payments through the Circle Payments Network or using products like Arc, Circle Mint, and Circle Wallets will gain access to free, near-real-time redemption capabilities.
4 minutes ago
Bank of America warns: AI investment boom is showing signs of classic capital cycle risks.
A US bank warns that the AI investment boom is exhibiting signs of classic capital cycle risks: surging spending, intensifying competition, and falling prices. Capital expenditure expectations for large-scale cloud providers have jumped from $330 billion to $1 trillion, roughly equivalent to 3% of U.S. GDP. Meanwhile, AI token prices have dropped approximately 50% since summer, and growth in usage may not translate to sufficient revenue. The key risk is that AI technology could succeed, yet investors will be harmed by overinvestment and declining returns.
4 minutes ago
Circle mints an additional 250 million USDC on the Solana network.
According to monitoring by Whale Alert, Circle minted an additional 250 million USDC on Solana at 20:21 Beijing Time today.
4 minutes ago
Strategy plans to switch STRC to daily dividend payouts, with its annualized dividend rate remaining at 12% in November.
Strategy announced that its variable-rate Series A perpetual preferred stock (STRC) has conditionally declared daily dividends for the period November 1 to November 30, 2026, with the annualized regular dividend rate remaining at 12.00%. The arrangement is contingent on Strategy shareholders’ approval of the daily dividend amendment at its special general meeting on October 28, as well as the completion and entry into force of the relevant preferred stock term revisions. If the conditions are met, STRC will use calendar days as dividend record dates starting November 1, including weekends and U.S. public holidays; corresponding dividends will be paid on the next business day following the applicable record date. This adjustment will change STRC’s cash flow rhythm. The product currently operates on a twice-monthly dividend distribution mechanism; going forward, holders will receive more frequent, smaller individual dividend payments. Strategy stressed that the adjustment will not alter the annualized dividend rate or total annual dividend amount. Should the amendment fail to pass, STRC will continue its existing semi-monthly dividend distribution schedule. Per the proposed terms, the 12% rate will apply to the entire month of November; thereafter, STRC’s applicable dividend rate will be determined monthly, with the company required to announce the next month’s rate by the 15th day of the preceding month.
4 minutes ago
Bank of Japan Governor: Will continue to raise interest rates as underlying inflation approaches 2%
Bank of Japan Governor Kazuo Ueda said the central bank will continue raising interest rates, as underlying inflation is near 2% and financial conditions remain accommodative.
4 minutes ago
Glassnode: Crypto market sellers have surrendered again, potentially signaling a stage bottom for the market.
Glassnode shared data on social media that during yesterday’s BTC price decline, seller capitulation reemerged. Each wave of loss-driven sell-offs aligned perfectly with local bottoms: early August, mid-August, and mid-September. Profit-taking has slowed since the September peak. If this pattern holds, the sell-off that occurred slightly above $80,000 yesterday would signal the bottom.
As the market rebounds, Bonk Guy(@theunipcs)'s portfolio has grown by $1M+ in the past 24 hours.
He remains No. 1 on both #FOMO's 24H and All-Time leaderboards.
https://fomo.family/profile/unipcs
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Bank of America: US stocks attracted $39 billion in capital in a single week, but its strategist team remains "risk-averse".
A new Bank of America report shows U.S. stock funds recorded another $39 billion in weekly inflows, putting the annualized inflow on track to reach $636 billion this year, a record high. U.S. Treasuries have logged inflows for 16 consecutive weeks, the longest stretch since August 2024. However, Bank of America’s strategy team led by Michael Hartnett remains "risk-averse", citing rising real yields, price movements in AI and bank stocks, and potential volatility from the midterm elections. EPFR data indicates global stock funds drew around $64.5 billion in inflows in the week ended October 14. U.S. large-cap stocks saw $32.5 billion in inflows, while growth, value, and small-cap stocks posted inflows of $1.6 billion, $1.2 billion, and $1.1 billion respectively. Tech stocks led with $10.7 billion in inflows, while financial and consumer stocks saw outflows of $1.4 billion and $0.6 billion respectively. Emerging markets recorded $17.7 billion in inflows, Japan drew $0.4 billion, and Europe saw outflows of $1.5 billion. Safe-haven assets were also popular: U.S. Treasuries drew $3.6 billion in inflows, investment-grade bonds $3.5 billion, municipal bonds $4.5 billion, and emerging market bonds $0.8 billion. High-yield bonds saw outflows of $0.9 billion for the third straight week. Cash funds saw outflows of $53.1 billion, gold drew only $0.1 billion in inflows, cryptocurrencies saw outflows of around $0.6 billion, and bond funds as a whole posted $11.8 billion in inflows. The fund flows stand in contrast to the cautious stance of Bank of America’s strategists.
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Viewpoint: Analysts Unconcerned About MSCI, Bullish Consensus for MSTR Remains Solid
CryptoQuant founder Ki Young Ju took to X to share his views on MicroStrategy (MSTR)'s market outlook, noting that analysts are not concerned about potential exclusion from the MSCI index, and MSTR's market consensus remains strongly bullish. Ju cited Wall Street target price estimates for MSTR: Citi at $240, Barclays at $175, and B. Riley at $195, adding that these targets are trending upward rather than downward. He argued that MSCI status is merely a capital flow narrative that has already been priced into the market. According to Ju, the key metrics to watch now are: mNAV of approximately 1.0x, STRC at par value, and $3.75 billion in reserves sufficient to cover dividends. Supported by Wall Street target price hikes and solid financial metrics, MSTR's bullish thesis has not been undermined by the MSCI factor.
10 minutes ago
Celestia launches Eden, a high-performance EVM chain to test AI Agents' autonomous trading and payment capabilities.
Modular blockchain project Celestia has announced the launch of Eden, a high-performance EVM chain built on Celestia. Celestia says Eden will act as an experimental sandbox for "Agentic Commerce", used to test the behavior and infrastructure needs of AI agents when conducting on-chain autonomous payments, transactions, and model calls.
Celestia notes that as AI agents start engaging in more frequent on-chain transactions, market demand for block space, real-time settlement, and low-friction payments will continue to rise. Eden will help teams observe what transaction environment agents need, how they manage funds, and how their on-chain activities will impact network design.
Eden’s first experimental project is Botfun, which is currently in closed beta. Per Celestia, participating agents can issue their own tokens and trade around narratives generated by other agents; each model inference call is paid on-chain via x402. Celestia states this experiment briefly pushed Eden to become one of the largest x402 networks by transaction volume.
Technically, Eden is an EVM-compatible chain supporting atomic batch transactions, application-sponsored gas payments, and larger smart contract deployments, with its native gas token being TIA. These designs will reduce signature and fee friction when agents execute consecutive payments, swaps, and interactions.
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Analysis: Ethereum’s structure has improved following the leverage wash on the Binance platform, though it lacks bullish catalysts.
Crypto analytics account CryptoOnchain noted in its latest report that Ethereum’s market structure has improved following Binance’s leverage liquidation, but no clear bullish catalyst has emerged. ETH is currently trading around $2,439, down 6.5% over seven days and 5.2% over 30 days, with an overall on-chain score of roughly zero, indicating a neutral stance.
Positive factors cited in the report include: Binance’s open interest fell 4.7% over 30 days to around $6.1 billion, with long liquidations rising 47%, showing fragile leverage is being cleared out; funding rates are also near zero. Additionally, Binance’s ETH reserves dropped 2.4%, reducing its supply share and easing selling pressure; its staking rate stands at 36.1%, in the 98.6th percentile.
However, negative factors are also prominent: Binance’s USDT reserves fell 2.3%, with stablecoin net outflows of around $175 million, indicating insufficient new buying funds; Coinbase’s premium is -0.11, signaling weak institutional demand. On the network activity front, transaction volume dropped 4%, and burn fees fell 58%.
CryptoOnchain concluded that Binance’s leverage has been largely cleared, making the market structure healthier, but no bullish catalyst is yet present. If USDT flows back to Binance and Coinbase’s premium turns positive in the future, Ethereum’s outlook could shift to bullish.
10 minutes ago
The tokenized assets alliance initiated by Coinbase, Circle and other members has launched GAP, a framework for DeFi composability of tokenized securities.
The Tokenized Asset Coalition (TAC) has launched the Global Access Protocol (GAP), a framework designed to enable the composability of tokenized securities within decentralized finance (DeFi). TAC stated that the protocol was jointly developed with the Digital Securities Initiative over a period of one year, during which multiple discussions were held with the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and U.S. Department of the Treasury. Further details will be unveiled next week. Additionally, TAC announced 12 new members, including Ascend, Control, Cryptio, Digital Securities Initiative, Enterprise Ethereum Alliance, Euler, Lava, OpenZeppelin, Overmatch Capital, Protocol Wealth, Reserve, and T-RIZE.
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Nine crypto firms established a quantum alliance today, with the core dispute being whether to freeze vulnerable assets.
The Quantum Alliance, a consortium of nine crypto firms, was launched today. Publicly disclosed members include security company Hacken, Charles Hoskinson’s Midnight Foundation, quantum-resistant Layer 1 blockchain Quantus, and Postquant Labs; additional members have not yet been individually named. The alliance will develop common security standards for blockchains such as Bitcoin and Ethereum.
It is estimated that roughly 6.4 million Bitcoin—representing 30.2% of the total supply—have exposed public keys, including around 1.1 million linked to Satoshi Nakamoto. Existing quantum computers are not yet capable of stealing these assets. However, the Quantum Alliance has significant internal divisions over the quantum threat timeline and response strategies. Bryn Bennett, chief revenue officer at The Vault, stated no one knows the exact date, but estimates of when quantum threats will become actionable are constantly advancing. Richard Carback, CTO of Postquant Labs, believes 2028 is a realistic timeline.
The core debate centers on whether to freeze vulnerable assets. Carback advocates for transferring rather than freezing, while Bennett points out that freezing is a governance decision for the Bitcoin network, and any freeze would set a precedent that trades property rights and network neutrality for quantum risk. Previously, CZ suggested freezing Satoshi’s Bitcoin, and developer Jameson Lopp also proposed restricting vulnerable tokens, though critics argue this violates Bitcoin’s fundamental promise of non-seizure. Moving forward, the alliance plans to publish joint security testing and migration guidelines.
Zoomex, the global cryptocurrency trading platform focused on derivatives, has added a fresh set of event contracts to Predict World, giving users new ways to express a view on the macro and political stories shaping global markets.
The new lineup spans central bank decisions, a presidential election, and several geopolitical questions, all available to Zoomex users through a single, familiar interface. Each market works on a simple Yes or No structure, so traders can see the implied odds, pick a side, and manage their position without needing to learn a complicated product.
Easy to Use: Macro Views in Two TapsZoomex built Predict World around a straightforward idea. If you have an opinion on what happens next, you should be able to act on it quickly. That is what makes the platform Easy to Use. Every contract shows a clear question, a clear deadline, a live percentage, and Yes and No buttons. Contracts with several outcomes or dates, such as the Fed rate markets, list each option on its own line with its own live odds.
For traders who already use Zoomex for derivatives, the new events extend the same experience into macro and politics. Users can follow crypto price action in one tab and take a position on the next Fed decision in another, all within one account.
What Is New on Predict WorldThe latest additions cover three themes: central bank policy, elections, and geopolitics. The percentages below reflect the odds shown on the Zoomex Predict World event cards at the time of listing. They move as users trade and are not forecasts from Zoomex.
Source: ZoomexCentral Bank MarketsMonetary policy is one of the most closely watched drivers of risk assets, including crypto, which makes these contracts a natural fit for Zoomex users. The most active market in this group is Fed Decision in October, which has $32M in listed volume and currently prices “No change” at 84% and a 25 bps increase at 16%.
Traders looking further ahead can turn to the Fed Rate Cut By… contract, where the December 2026 meeting is priced at 2% and the January 2027 meeting at 6%, backed by $4M in volume. A third market, What Will the Fed Rate Be at the End of 2026?, lists the 3.5% outcome at 2% and the 3.75% outcome at 1%, with $7M in volume. Together, these contracts let users build a view across several meetings rather than a single date.
A trader who expects policy to stay steady through year end, for example, can compare how the market prices October against the later meetings.
Transparent by Design: Know the Rules Before You TradeEvent contracts only work when users understand exactly what they are trading. Zoomex is Transparent by Design, and that applies to Predict World as much as to its derivatives products. Each market displays its question, its outcome options, its deadline, and its current odds up front. Trading volume is shown on every card, so users can judge how much liquidity and participation sits behind a market before they commit.
This matters most for markets with multiple dates. When a user looks at the Fed rate cut contract, the December 2026 and January 2027 options are separate lines with separate prices. There is no ambiguity about which outcome a position refers to, and no hidden mechanics to decode.
Fair Access & Rule-Based ExecutionPredict World follows the same principles that guide the rest of Zoomex. Fair Access & Rule-Based Execution means every user trades under the same published rules, with the same visibility into odds and volume.
Outcomes are determined by the conditions stated in each event, and positions are handled according to those conditions rather than discretion. For users who care about knowing how a platform behaves when it matters, this rule-based approach is a core part of the Zoomex experience.
Focused on Derivatives, Built for Active TradersZoomex is Focused on Derivatives, and event contracts are a natural complement to that focus. Derivatives traders already think in terms of probabilities, scenarios, and risk management. Prediction markets apply the same mindset to questions beyond price charts.
Here are a few ways active traders may use Predict World alongside their existing Zoomex activity:
Macro awareness: Use the live odds on Fed contracts as a gauge of how the market currently prices upcoming policy decisions, then factor that into crypto positioning. Event driven thinking: Compare short deadline contracts, such as October 15 versus October 31, to see how expectations shift as dates approach. Diversified exposure: Take a view on a political or geopolitical development without needing to hold a related asset. Event contracts carry risk, and users should only trade with funds they can afford to lose. Zoomex encourages every trader to review each contract’s terms before taking a position.
A Refined Brand & Trading ExperienceThe expansion of Predict World reflects the Refined Brand & Trading Experience that Zoomex is building across its platform. Clean design, clear information, and fast execution are the common thread, whether a user is trading perpetual contracts, exploring Stock Perpetuals, testing strategies in Demo Trading, or now, trading the odds on a Fed decision or a presidential election.
Predict World also includes Long-Term event contracts, an established part of the platform for users who prefer to hold a view over a longer horizon. The new additions sit alongside them, giving users a broader menu of timeframes and themes in one place.
How to Get Started on Zoomex Predict WorldGetting started takes only a few steps:
Sign up or log in to your Zoomex account. Open Predict World and browse the new events by category, including Trump, Fed Interest Rate, Macro Indicators, and Inflation. Review the contract, including the question, deadline, current odds, and trading volume. Choose Yes or No and place your position. New users can create an account in minutes and begin exploring the full range of Zoomex products, from derivatives to event contracts, in one place.
About Zoomex
Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 700+ trading pairs. Built around easy to use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide.
Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken. The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.
Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.
At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.
Frequently Asked Questions
What is Zoomex? Zoomex is a global crypto derivatives platform founded in 2021, serving over 3 million users across more than 35 countries and regions with 700+ trading pairs. How does Zoomex work? Zoomex operates through a high-performance matching engine with transparent asset and order displays, allowing users to execute trades and track outcomes with full visibility into their balances and results. What can you trade on Zoomex? Zoomex offers 700+ trading pairs spanning cryptocurrencies such as BTC, ETH, and SOL, as well as stock-linked contracts like NVDA and AAPL and gold exposure through XAUT. How does Zoomex compare to other exchanges? Zoomex differentiates itself by not issuing a platform token, avoiding venture capital or incubation deals, and holding security certifications from Hacken alongside regulatory licenses in multiple jurisdictions, positioning the platform around transparency and fund safety rather than token incentives. Where is Zoomex headquartered? Zoomex operates as a global cryptocurrency exchange with regulatory registrations including Canada MSB, U.S. MSB, U.S. NFA, and Australia AUSTRAC, reflecting its multi-jurisdictional compliance approach. Is Zoomex available in my country? Zoomex serves users across more than 35 countries and regions. Availability can vary by local regulation, so traders should check the official Zoomex website for country-specific access and requirements. Disclaimer
This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.
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Created by industry experts and meticulously reviewed
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Mutsamudu, Comoros, October 16, 2026 — MEXC, a global cryptocurrency exchange, released its AI Trading Report, based on a survey of 3,708 crypto traders. The report examines how respondents use AI, how much trading authority they would delegate, and what protective measures they expect from platforms. Blockchain security firm Hacken contributed technical analysis of risks associated with AI agent trading and the controls designed to address them.
Key takeaways:
84.8% of surveyed crypto users have used AI for research or trading. While 58.3% report improved market research, 46% also report better trade execution, though 54% have yet to see improvement at the execution stage. Interest in AI agents is already significant: half of respondents are interested in AI agents but have not tried them. 65.9% of AI users act on its advice at least sometimes; only 20% have tried execution without approving each trade. 54% would let AI trade with some funds, but no more than 20% of their account; only 6.5% would authorize more than half. Half of users with automated execution experience worry they could fail to detect or stop problems in time. Willingness to use automated trading grows from 55% under the baseline scenario to 71.8% when limits on funds, positions, leverage and losses are added. 95.5% support at least one mandatory protective measure, even as many want control over their own settings. The report found that 84.8% of respondents had used AI to analyze or trade digital assets in the previous six months, with 53.1% using it at least weekly. Adoption was higher among younger participants: 88.5% of respondents aged 18–34 had used AI, compared with 69.9% of those aged 45 and older. Among respondents who reported not using AI, difficulty getting started or high entry barriers was a more common obstacle than AI mistrust, cited by 46.7% and 32.7%, respectively.
AI’s biggest role remained preparation before a trade. Summarizing news was among the most frequent tasks for 54.3% of AI users, ahead of market analysis at 48.6% and finding trading opportunities at 38%. Only 7.6% selected direct execution as one of their most-used tasks. Looking at their most recent AI-assisted trade, 68.9% said AI contributed most before execution, compared with 22.7% during trading.
Users were also more positive about research than execution. While 58.3% reported better market research, 46% reported improved execution. Another 30.9% saw no change in execution, and 23.1% said it had worsened. These assessments reflect respondents’ experiences rather than independently measured trading performance.
AI advice nevertheless influenced trading activity. Among AI users, 65.9% said they placed orders or adjusted positions based on its recommendations at least sometimes. These groups could overlap.
Risk limits changed respondents’ willingness to automate. In a scenario offering notifications, pausing and permission revocation, 55% were willing to let AI trade automatically. Adding limits on funds, assets, positions, leverage and losses, with automatic stopping at the loss threshold, brought willingness to 71.8% — an increase of 16.8 percentage points.
That willingness did not extend to most of an account’s funds. In a separate scenario prohibiting transfers and withdrawals and allowing users to stop trading at any time, 54% would authorize no more than 20% of their account assets and only 6.5% would authorize more than half.
Hacken’s contribution examines why withdrawal restrictions alone cannot prevent losses. An agent with trading access could still be manipulated into buying an asset at an inflated price or taking on excessive exposure. Its analysis outlines protective measures set independently of the agent, including limits on orders, total positions and permissions, alongside security testing to ensure unwanted actions are blocked before execution.
On oversight, 46.2% of respondents preferred exchanges to offer safety settings users could choose to enable, about 1.8 times the share who preferred uniform minimum requirements set by the platform (25.7%). Support for user choice did not mean rejecting industry standards: among those who preferred optional settings and answered the separate standards question, 97.8% backed at least one mandatory measure.
Across all 3,464 valid responses to the standards question, a risk assessment or knowledge test before first use received the most support at 55.3%. Independent audits and limits on capital and loss that cannot be disabled followed at 38.8% each.
“As AI becomes more integrated into trading, our findings show that users don’t want less control. They want clearer boundaries,” said Vugar Usi Zade, CEO of MEXC. “For traders, that means clear risk limits, the ability to intervene when needed, and confidence that the platform has done its part before automation begins.”
The full AI Trading Report, including Hacken’s security contribution, is available here.
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
For media inquiries, please contact the MEXC PR team: [email protected]
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
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Mutsamudu, Comoros, October 16, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has released its October 2026 Proof of Reserves (PoR) report. Independently audited by Hacken, the report confirms that the platform’s reserves continue to fully cover user holdings across all major reserve assets. As part of its commitment to putting users first, MEXC publishes monthly reserve data that users can independently verify, reinforcing user trust through transparency.
According to the audit report, MEXC’s reserve ratios stand at 294% for BTC, 122% for USDT, 115% for USDC and 111% for ETH. All four reserve ratios exceed the 100% benchmark, with BTC showing the largest margin above the benchmark.
MEXC’s PoR framework combines user-level verification, on-chain transparency, and independent third-party audits. Through Merkle Tree technology, users can independently verify that their account balances are included in the platform’s reported liabilities while preserving the privacy and confidentiality of user account information. MEXC also publicly discloses its custodial wallet addresses, enabling independent verification of its on-chain holdings. To further strengthen transparency and external oversight, MEXC partners with Hacken, an independent blockchain security and auditing firm, to conduct monthly Proof of Reserves audits covering Proof of Liabilities, Proof of Ownership, Reserves Calculation, and a Merkle-tree verification.
Beyond regular PoR reporting, MEXC continues to strengthen its multi-layered security framework to protect user assets. The platform employs cold and hot wallet management, supported by multi-signature authorization and layered risk controls. The MEXC Futures Insurance Fund helps cover losses that exceed a user’s margin following liquidation, providing a risk buffer during extreme market conditions. The Guardian Fund is designed to protect users facing serious security incidents, including large-scale exploits, targeted attacks, and unforeseen system vulnerabilities. Recent attacks across the digital asset industry have again demonstrated that security threats are not static. Against this backdrop, MEXC continues to invest in capital reserves, technology, and risk-management infrastructure to strengthen user protection. In September, MEXC added another 1,000 BTC to the fund, marking its second major BTC allocation this year following the initial allocation in May. The fund now holds over 100 million USDT and 2,000 BTC, and MEXC aims to expand it to $500 million within two years.
To view the latest Proof of Reserves snapshot and audit report, please visit the MEXC Proof of Reserves page.
About MEXC
Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.
With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.
The Quantum Alliance, a consortium of nine crypto firms, was launched today. Publicly disclosed members include security company Hacken, Charles Hoskinson’s Midnight Foundation, quantum-resistant Layer 1 blockchain Quantus, and Postquant Labs; additional members have not yet been individually named. The alliance will develop common security standards for blockchains such as Bitcoin and Ethereum. It is estimated that roughly 6.4 million Bitcoin—representing 30.2% of the total supply—have exposed public keys, including around 1.1 million linked to Satoshi Nakamoto. Existing quantum computers are not yet capable of stealing these assets. However, the Quantum Alliance has significant internal divisions over the quantum threat timeline and response strategies. Bryn Bennett, chief revenue officer at The Vault, stated no one knows the exact date, but estimates of when quantum threats will become actionable are constantly advancing. Richard Carback, CTO of Postquant Labs, believes 2028 is a realistic timeline. The core debate centers on whether to freeze vulnerable assets. Carback advocates for transferring rather than freezing, while Bennett points out that freezing is a governance decision for the Bitcoin network, and any freeze would set a precedent that trades property rights and network neutrality for quantum risk. Previously, CZ suggested freezing Satoshi’s Bitcoin, and developer Jameson Lopp also proposed restricting vulnerable tokens, though critics argue this violates Bitcoin’s fundamental promise of non-seizure. Moving forward, the alliance plans to publish joint security testing and migration guidelines.
Jupiter introduced YOLO at 12:24 UTC on October 15 as a live beta for leveraged $SOL, $BTC, and $ETH price trades. The product interface was live the following day with leverage settings from 500 to 1,000 times and a default payment amount of $10.00.
The product is an unaudited Jupiter Labs experiment. Its structure differs from an order book or a conventional perpetual futures venue because each trader faces a house pool rather than another trader. Trader losses add money to that pool. Winning traders receive profit from the same pool.
How a YOLO position works YOLO supports three markets: $SOL, $BTC, and $ETH. The interface accepts market orders only. It does not offer take-profit or stop-loss orders. A liquidation consumes the collateral assigned to the position.
Leverage starts at 500 times and reaches 1,000 times. Jupiter warns that small price moves at those settings can wipe out the entire position. The collateral placed on a trade therefore defines the amount immediately at risk, while the selected leverage determines the position’s exposure to price movement.
The interface separates collateral from position size. Its stated limits apply to position size, not to the collateral paid by the trader. Long and short capacity are also separate. Available capacity can change before a submitted trade executes. A user who sees room on one side of a market is not guaranteed the same capacity on the other side or at execution.
Pricing has two references. Jupiter displays Pyth prices as indicative data, but says orders execute at the on-chain DOVES price. The displayed Pyth price is therefore not the execution commitment. A trader must use the executed DOVES price when checking the entry or exit recorded for a position.
The fee schedule depends on the result. A winning move of 0.2 basis points or less produces no profit. Larger winning moves receive a profit adjustment, followed by a 2% fee on adjusted profit. Jupiter says losing trades have no trading fee, while wallet network fees still apply.
The house pool controls profit payment The house takes the opposite side of every position. Trader losses fund it, and trader profits are claims on its available funds. That makes pool liquidity part of the settlement path for a winning trade.
Closing a position returns the trader’s remaining collateral immediately in $JupUSD. Profit follows a different path. If the house can cover the profit, it can pay from the pool. If the house cannot cover it, the unpaid amount enters a queue. Earlier winning claims receive payment first when new trader losses replenish the pool.
Jupiter gives no fixed waiting time for queued profit. Its rules state that queued profit may never be paid. A closed position therefore fixes the trading result without guaranteeing that all profit has reached the wallet. The distinction matters when a trader evaluates available funds after closing. Returned collateral and unpaid profit do not have the same liquidity.
Position history also has a short finalization period. Jupiter says closed positions finalize on chain in about 15 seconds. Until finality, the history view labels the close as finalizing. Users checking a recent close need to distinguish this brief on-chain state from the separate profit queue, which has no guaranteed payment time.
What changes for traders and operators For traders, the full stake can disappear after a small adverse move because the available leverage begins at 500 times. There is no stop-loss order to cap that process from within the product. Risk control therefore happens through the collateral committed before execution and through a manual close while the position remains open.
A profitable close creates a second risk to track. The trade can finish in profit while some or all of that profit remains unpaid. Jupiter says queued claims are paid automatically to the wallet as the pool receives funds, but the queue is first in, first out and has no deadline. Traders cannot treat a displayed profit and spendable wallet balance as interchangeable.
For wallet interfaces, portfolio trackers, and accounting systems, a closed position can have three distinct states: collateral returned, close awaiting on-chain finality, and profit queued for payment. Systems that record only open or closed status can miss whether a winning claim is still outstanding. The product’s history label covers finalization, while the house queue determines payment.
Operators also need to account for capacity changing before execution. Long and short limits are separate, and the displayed Pyth price is indicative rather than the fill price. A trade preview can change in both available size and execution price by the time the order reaches the on-chain DOVES system.
The fee rules create another reconciliation step. A small favorable move can close without profit when it is at or below the stated threshold. A larger win is adjusted before the profit fee is charged. The resulting wallet payment can then differ from the raw price move shown on the chart, even before any profit enters the house queue. Network fees remain separate from that calculation.
The queue also separates trading performance from counterparty liquidity. Earlier unpaid wins have priority over later ones, and fresh trader losses replenish the pool used for payment. A later winner may therefore wait behind claims created before that trade closed. The rules promise automatic wallet payment when funds become available, but they do not promise when that replenishment will occur.
The unresolved issue is the durability of the house pool under one-sided winning flow. Jupiter’s rules explain the queue and payment order, but they do not give a maximum delay or a guaranteed backstop. The next observable milestone is whether queued profit appears and how quickly subsequent trader losses replenish the pool.
