Ethereum Whales Buy the Dip: Amasses $1.12B Amid Price Drop
Ethereum Whales Buy the Dip Amid Market Crash: What This Means? The recent Ether price crash sent shockwaves through the market, but the Ethereum whales are seizing the buy-the-dip opportunity to amass more tokens. According to the latest on-chain data, Ethereum whales have accumulated a staggering 323,523 $ETH , valued at approximately $1.12 billion, over the past two days. Can this growing purchase be a positive catalyst for the token price? Ethereum Whales Buy the Dip In a recent X post, on-chain analytical platform Lookonchain shared insights on the increasing whale activity involving Ether. As per Lookonchain data, Ethereum whales have collectively purchased a total of 323,523 ETH, valued at about $1.12 billion over the past two days when the altcoin was trading below the $3,700 range.
This increase in whale moves indicates that these investors feel comfortable betting on Ethereum's potential long-term prospects, despite the fluctuations in the market. This accumulation may suggest a price recovery is forthcoming, as historically, whale activity has been correlated with price rises. Whale Activity on the Rise Significantly, many ETH investors have been making very large transactions, which indicates their confidence in the long-term prospects of the asset. In particular, Richard Heart, the founder of HEX and PulseChain, moved 27,449 tokens from one of his wallets to a new wallet and then moved those assets through Tornado Cash. Another holder, who had earlier borrowed 66,000 ETH, paid off the loan in its entirety and subsequently transferred USDC to $BNB , withdrawing 34,155 Ether (approximately $112 million) to potentially increase its holdings at what it believed to be a cheap price. In addition, a newly created wallet withdrew 10,000 tokens ($32.72 million) from Kraken, and on-chain evidence confirms that this wallet is likely associated with Bitmine. These whale activities show that they are strategically building up their Ethereum holdings during the recent price dip, possibly indicating a bullish long-term strategy. How Will This Impact the ETH Price? Significantly, the Ethereum whales’ buy-the-dip activity could positively impact the ETH price. With these large holders accumulating more than 323K tokens in just two days, this surge in activity suggests confidence in Ethereum's long-term potential. As of press time, the altcoin is valued at $3,340, marking notable downticks of 8.3% in a day, 16.6% in a week, and 26.3% in a month. The rising whale activity goes in line with the increase in the 24-hour trading volume, which is now at $81.97 billion, up 66%. This trend implies that both large-scale investors and casual investors are more often than not bullish or optimistic on Ether. Historically, when whales have accumulated, the price has also gone up, meaning a price rebound is on the horizon. If this trend continues, Ethereum's price could see an increase if the asset reclaims key resistance levels and sentiment stays positive in the market.
Binance Word of the Day Answer 04 November 2025: Full WOTD List Published:November 04, 2025
Binance Word of the Day Answers Today 04 November 2025 With All Words The Binance Word of the Day on November 04, 2025, is fish it up and then claim your BNB reward on consid-gab-gang for words of all lengths: 3-letter, 4-letter, 5-letter, 6-letter, 7-letter, and 8-letter words. About Binance Word of The Day (WOTD) The Binance Word of the Day (WOTD) is a regular daily event in which cryptocurrency fans attempt to guess a cryptocurrency-related word because you will not want to miss a chance to improve your vocabulary. The points you earn can be redeemed for prizes, such as token vouchers. Here Are Binance Word of the Day Answer 04 November 2025: Theme: Protect Your Crypto Date: 2025-11-03 To 2025-11-09 Binance 3 LETTERS WORD: Note: Please try one by one if it's incorrect. BUY Binance 4 LETTERS WORD: Note: Please try one by one if it's incorrect. COST PEAK Binance 5 LETTERS WORD: Note: Please try one by one if it's incorrect. TRADE BUYER Binance 6 LETTERS WORD: Note: Please try one by one if it's incorrect. SECURE SELLER GLOBAL ESCROW MARKET DIRECT Binance 7 LETTERS WORD: Note: Please try one by one if it's incorrect. PAYMENT SERVICE Binance 8 LETTERS WORD: Note: Please try one by one if it's incorrect. FLEXIBLE TRANSACT VARIABLE PLATFORM NOTE: It might, for some other BNB ID, some other word may work. Keep trying… For extra rewards, check out Syntax Verse Daily Quiz Answer 14 November 2025 Play and Earn $Gems and explore more thrilling tasks! How to Play the Game: Access the $BNB Mobile App and head to the menu and click on more at the bottom. Once in the “Gift and Campaign” menu click on “WOTD” to access the puzzle game. The way the game works: Each day will consist of new word puzzles associated with crypto for you to guess. You will get 6 chances to guess each word, with scoring as follows: Green letter - correct letter in the correct spot Yellow letter - letter is present in the word but in the wrong spot Black letter - letter is NOT in the word. How do I earn more chances? Your social media announcement about the BNB news could be a method to get chances for an additional play in WOTD. You earn the additional play each time a link is clicked from that post. Reward 500,000 BNB tokens in the prize pool will be distributed among all players with the highest complete points for guessing the words right during the time of the game/ activity. You will also be able to use your points to claim other prizes (mostly voucher tokens). Recent Themes and Answers: Binance WOTD is themed every week. For example, the week of Date: 2025-11-03 To 2025-11-09, had the theme of "Protect Your Crypto". Some of the words pertaining to this theme were: 3 Letter Words: PAY, VIP, BTC, KEY 4 Letter Words: EARN, BOTS, FIAT, TIER 5 Letter Words: SUITE, TRUST, GROUP, RANGE 6 Letter Words: HOLDER, WALLET, SQUARE, INVEST 7 Letter Words: SUPPORT, PRODUCT, FEATURE, ACADEMY 8 Letter Words: SECURITY, PLATFORM, EXPOSURE, ADVISORY The Word of the Day combines educational and rewarding experiences. It educates users on new specialised terms of the crypto industry while rewarding them for their efforts.
Why Is the Crypto Market Down Today? Key Factors Explained
Crypto Market Down Today: Who’s the Real Culprit? The crypto market is currently experiencing a sharp downturn, with Bitcoin, Ethereum, and other major cryptocurrencies plummeting in value. The industry has seen a notable loss of 3.21%, reaching $3.6 trillion, resulting in more than $450 million in liquidations within just 24 hours. As the market continues to fluctuate, it's essential to examine the factors driving the decline and what it might mean for the future of space. Crypto Market Down Today: A Closer Look The global digital asset industry is once again in the red zone, sparking investor caution. After a paradoxically bearish “Uptober,” the market is preparing for an uncertain “Pumpcember." The current market crash could be attributed to a combination of factors, including the ongoing US shutdown, Fed Chair’s hawkish tone, ETF outflows, and millions in liquidation.
US Government Shutdown Notably, the US government shutdown has now entered its second month with no resolution in sight. The crypto space has also been directly affected by the uncertainty regarding important economic data points due to the shutdown. Overall, the economy is experiencing strain, with 22 US states facing economic contraction. This downturn is disproportionately impacting lower- and middle-income households, who are struggling to make ends meet. This broader downturn is also seen in the digital asset industry, which continues to slide. No Possible Rate Cuts, Hints the Federal Chair Fed Chair Jerome Powell recently stoked fears when his hawkish rhetoric on monetary policy resulted in a market downturn. Despite a 25-basis-point rate reduction, Powell's remarks suggested a more cautious approach to interest rates, contributing to significant volatility. He noted, “In the committee’s discussions at this meeting, there were strongly differing views about how to proceed in December. A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it.” Bitcoin ETF Outflow Bitcoin ETFs are under significant pressure, with continued heavy outflows adding to the market's woes. According to recent data from Fairside, U.S. spot $BTC ETFs saw $1.15 billion in withdrawals last week alone. The largest outflows were also recorded across funds managed by large firms like BlackRock, $ARK Invest, and Fidelity, demonstrating that investors are reluctantly pulling back from financial products underpinning Bitcoin. Crypto Liquidations
Over the past 24 hours, about $472 million in assets were wiped off across major exchanges, including Binance, Bybit, Hyperliquid etc. While $413 million in long positions were liquidated, only $59M in short positions got liquidated. Over the past 12 hours, $366 million was wiped off, with $335m in long and $31m in short positions.
Coinbase BVNK $2B Acquisition Plan to Boost Stablecoin Payments
Coinbase BVNK $2B Acquisition Plan: What If The Deal Get Finalized? As per the recent reports, Coinbase is said to be in advanced negotiations to buy stablecoin infrastructure developer BVNK, at a valuation of approximately $2 billion, to go beyond crypto trading and consolidate its presence in the global payments market. Coinbase BVNK Acquisition Plan: What's Happening? Coinbase, the biggest cryptocurrency exchange based in the U.S., is in talks to acquire BVNK, a London-based fintech company that develops stablecoin payment systems for businesses. The possible acquisition, estimated between $1.5 and $2.5 billion, will be an indication of the move to diversify its business as it further ventures into digital and financial services.
Source: Coinbureau X Deal Status The negotiations are at the last stage, and both companies are doing due diligence before the conclusion of the terms.Assuming that all is going well, the deal may be closed by the end of this year or early 2026.At this point, it has the monopoly on bargaining with BVNK, and thus, there are no other bidders in the process.The deal is not yet sealed and may change or collapse. About BVNK BVNK was established in 2021 and has its headquarters in London. The company assists merchants to take payments in both cryptocurrencies and traditional currencies, and therefore businesses can easily run in various financial systems. It has already raised $90 million in funds with its investors including Citi Ventures, Haun Ventures, Visa, and Coinbase Ventures, which happens to be its own investment arm. Why Coinbase Wants BVNK? It has been trying to minimize its reliance on trading income by expanding other business units, after the Coinbase Q3 Report shows $433 Million Profit. Coinbase could acquire BVNK and: Grow its Business platform, which provides payment and invoicing solutions.With the technology provided by BVNK, assist companies in making and accepting payments in stablecoins rather than banks.Enhance its international presence in the financial technology sector.The relocation is in line with the mission to create an open financial system and facilitate the adoption of stablecoins by forming partnerships and real-life applications. Stablecoins Market and Regulation. One of the largest sources of revenue at Coinbase is stablecoins, cryptocurrencies linked to standard currencies such as the U.S. dollar, which contribute almost 20% of its third-quarter revenue. Circle, which also issues the $USDC , a stablecoin, earns the company a share in the interest earned on reserves and transaction fees. Earlier this year, the U.S. also enacted its first regulation of stablecoin, which gave the market legal clarity and motivated institutions such as Visa, Mastercard, and large banks to consider blockchain-based payments. Recently, CEO Brian Armstrong noted that American legislators are on the verge of creating a complete set of crypto regulations, which may further contribute to the growth of the company in the field of payments. Consequences, if the Deal gets finalized. In the event of the successful acquisition, the company might emerge as a leading digital payments provider, competing with other traditional processors, such as PayPal or Stripe. The move would: Enhance the infrastructure to support transactions with stablecoins.Provide it with access to the merchant network and compliance systems of BVNK.Become a leader in offering businesses all over the world with blockchain-based payment solutions. The negotiations, even without the deal, demonstrate a clear direction to follow, which is to create a stablecoin-based payments ecosystem that is not limited to crypto trading. Conclusion The acquisition is a significant move in the direction of transforming its business model to include stablecoins, payments, and long-term expansion beyond the traditional cryptocurrency trade.
FTX News: Ex-CEO SBF Strikes Back, Says FTX Was Never Insolvent
FTX News: SBF Defends FTX Collapse as Liquidity Crisis, Not Insolvency Did Sam Bankman-Fried really just say FTX was never broke? In his latest report titled “FTX: Where Did the Money Go?”, the former FTX CEO claims the company’s collapse wasn’t because of insolvency, but because of a short-term liquidity crunch.
Source: X (formerly Twitter) This recent FTX News update brings a surprising twist, suggesting that the exchange still holds billions even after paying off most creditors. Exchange Faced a Liquidity Crisis, Not Bankruptcy According to SBF, the organisation always had enough money to repay its customers. He says the real problem was timing too many withdrawals came in too quickly, creating a temporary liquidity crisis. The report claims that the $8B exchange owed to users when it filed for bankruptcy never actually left the exchange. SBF adds that all customers will eventually receive between 119% and 143% of their original balances. So far, about 98% of creditors have already been paid around 120% of what they were owed, making this one of the most unusual bankruptcy cases in recent history. FTX’s Massive Asset Holdings The report also reveals how large its remaining assets are. The company’s holdings on the day it filed for bankruptcy were worth an estimated $136 billion. These include $14.3 billion in Anthropic shares, $7.6 billion in Robinhood stock, $1.2B in Genesis Digital Assets, and $600 million in SpaceX. It also lists 58 million SOL tokens worth about $12.4B, 890 million SUI tokens valued at $2.9 billion, 205,000 BTC worth $2.3 billion, and $345 million in stablecoins. After paying $8 billion in customer claims and $1 billion in legal fees, FTX’s bankruptcy estate still has around $8 billion left. Creditors Receiving Strong Repayments In the latest FTX News update, the exchange confirmed a new $1.6 billion payout to creditors under its bankruptcy plan. This brings total recovery rates close to 95% far higher than the usual 20–40% that creditors receive in most bankruptcies. Large creditors who were owed over $50,000 are now recovering nearly 84% of their funds. Meanwhile, smaller claimants with less than $50,000 are being repaid an impressive 120.5% of their original claims. In other words, many small investors are actually getting back more money than they lost. However, not all groups are seeing the same results. U.S.-based account holders have so far recovered only around 40% due to legal and jurisdictional issues. Still, compared to most bankruptcy outcomes, it’s repayment progress remains remarkable. Although, not everyone agrees with SBF’s version of events. On-chain investigator ZachXBT tweet pointed out that creditors were repaid based on crypto prices from organisation’s 2022 bankruptcy, not today’s higher values meaning many users still faced huge losses on assets like SOL and BTC.
Source: X (formerly Twitter) What It Means for Crypto This News report changes how people might see the FTX collapse. If SBF’s claims are true, it suggests that the organisation didn’t go bankrupt; it just couldn’t meet withdrawals fast enough. That paints a very different picture of what happened in 2022. It also raises questions about how the bankruptcy team handled the case, and whether delays and mismanagement caused unnecessary losses. SBF’s claims may be controversial, but the repayment numbers speak for themselves. Final Thoughts While many still doubt Sam Bankman-Fried’s version of events, there’s no denying that FTX’s recovery is one of the most successful in history. Nearly all creditors are getting their money back, some even with extra. Whether it was truly a liquidity crisis or deeper mismanagement, one thing is clear: this story is far from over. And as more facts come out, this update will remain one of the most talked-about topics in crypto.
Trump Linked American Bitcoin Boosts Bitcoin Holdings to $445M
Trump Linked American Bitcoin Expands Mining and Treasury Holdings Is the Trump-linked Bitcoin mining firm rush marking the next big wave of corporate accumulation? Major BTC Purchase Trump Linked American Bitcoin has taken another big step in its crypto journey. They bought 1,414 BTC, worth nearly $163 million, pushing its total Bitcoin holdings to around 3,865 BTC, valued at about $445 million. The organisation, co-founded by Eric Trump and Donald $TRUMP Jr., has been expanding fast since it began operations earlier this year. It aims to become one of the largest mining and accumulation firms for the largest cryptocurrency in the United States. How the Company Was Formed The company was created in March after mining giant Hut 8 exchanged its mining hardware for a major stake in the new company. This helped the firm combine large-scale mining power with direct $BTC ownership. In September, American Bitcoin went public on Nasdaq under the ticker “ABTC”, following its merger with Gryphon Digital Mining. Its launch registered high demand, with stocks rising more than 16% on the initial day, indicative of increasing enthusiasm about the Trump-associated initiative. Focus on "Bitcoin Per Share" Something that distinguishes this firm is that it is transparent. The company has come up with a new measurement known as "Satoshis per Share", which indicates the amount of the cryptocurrency that backs every share of its stock. According to Eric Trump, who serves as the company’s Chief Strategy Officer, this measure is key to understanding the real value behind each investor’s share. “We believe one of the most important signs of success is how much BTC supports every share,” he said. By sharing these updates regularly, the company hopes to attract long-term investors who believe in crypto’s growth and want to hold shares in a firm directly tied to it. The Advantage of Mining and Accumulation Unlike companies that only buy this digital asset from the market, it also mines its own coins. This gives it a cost advantage, allowing it to acquire BTC at lower prices while keeping more control over its production. The combined model helps the company grow its reserves steadily, even when the Bitcoin price becomes volatile. Executive Chair Asher Genoot explained that this approach allows them to keep a better average cost per BTC than their competitors. Market Impact and Future Plans The company’s recent purchase places it among the top 25 public holders of this digital asset worldwide. With the prices of this cryptocurrency gaining strength again, many see this as a confident bet on the asset’s long-term future. Trump Linked American Bitcoin plans to continue expanding its operations and will share regular updates on its Satoshis per Share to maintain transparency with shareholders.
Source: Google Finance American Bitcoin Corp (NASDAQ: ABTC) closed at $5.96, up 6.05% on October 27. The stock reached a high of $6.48 and a low of $5.71, with a market cap of $541.52 million. Final Thoughts As the firm continues to grow, it’s becoming a symbol of how traditional business and political names are stepping deeper into the crypto world. Whether this model becomes the next big trend in corporate BTC investment remains to be seen but for now, it’s clear that Trump Linked crypto firm is just getting started.
Fed Interest Rate Decision This Week Could Boost Crypto Prices?
Breaking Up Fed Interest Rate Decision & US-China Trade Deal This Week This is a week that may change the markets. The announcement of Fed Interest Rate Decision, tech profits, and the US-China negotiations will require investors to monitor major macro and crypto trends. Key Events This Week
Source: The Kobeissi Letter On Wednesday, October 30: Federal Reserve announces Fed interest rate decisionFederal Reserve Chair Jerome Powell gives a press conference, with a paucity of new US inflation data. Earnings reports by major tech giants, including Microsoft, Alphabet (Google), and Meta, affect more than $15 trillion of market capitalization. On Thursday, October 31: Apple and Amazon publish Earning reportsUS President Trump meets with the President of China Xi only 48 hours before a 100% tariff is to become effective. Apart from this, 20% of the S&P 500 corporations are expected to announce earnings this week. Also, US GDP, core PCE, and rate decisions of the ECB/BOJ will affect the global liquidity and market sentiment. Why This Week is Important The week is very crucial to investors in both the traditional and cryptocurrency markets. There is the uncertainty of the government shutdown that is nearing the 30th day, and Fed decisions will affect the cost of borrowing and liquidity. The earnings of Tec and the US-China trade talks can cause volatility in the market. The impact of rate cuts on on-chain lending, stablecoin yields, and $ETH staking patterns is of particular interest to crypto investors, and they are determining how they will approach the next few months. Last Week's Data and Overview Last week, US inflation data indicated that September CPI was at 3% which was lower than the expected 3.1%. The Core CPI was also at 3, which indicated moderate inflation. Traders are now pricing two further 25-basis-point Fed rate cuts in 2010. The University of Michigan Consumer Confidence Index dropped to 53.6, which indicated wary consumer confidence.
Source: Wu Blockchain X China increased its Q3 GDP by 4.8%, a little higher than the expectations of 4.7%. Fed showed interest in tokenized products and payment innovation, which means that it is becoming interested in the crypto ecosystem. This mix of data preconditions a shaky week both in the conventional markets and in decentralized finance $DEFI services. The Fed Rate Cut Impact on Crypto Market Investors Cuts in the Federal rate do not have the same impact on crypto as they do on the traditional markets. The headlines tend to imply that lower rates = crypto boom, but the truth is more subtle. Fed rate cut probability 2025 impacts: Short-term impacts: Reduced Fed rates reduce the appeal of traditional yields, which leads capital to move to DeFi applications such as Aave and Morpho. $USDC lending rates on Aave have already been more actively used, pushing the on-chain rates to the limit temporarily.Long-term impacts: Low-cost borrowing decreases the interest rates in the economy, which slowly decreases the on-chain lending rates. APYs are declining across markets as Pendle and other platforms that track forward DeFi yields are indicating a downward trend in the yield. Other effects are adjustments to the supply of stablecoins and higher staking of ETH since reduced returns on traditional assets will push investors to staking and other yield-generating crypto-plans. The knowledge of such dynamics enables investors to predict the short-term yield spikes and long-term cost cuts and inform lending, borrowing, and staking behaviors in crypto markets. Conclusion This is a critical macro week, tech earnings, and geopolitical week, which is crucial in the market and crypto investment. The most important thing to avoid volatility and opportunities is to stay informed.
Giggle Fund Binance Listing: Price Soars Ahead of Binance Launch
Giggle Fund Binance Listing Gains Momentum as Traders Bet on New Highs Binance is welcoming GiggleFund (GIGGLE) to its spot market as the token continues gaining rapid traction across the $BNB Chain ecosystem. The listing marks a major step for the community-driven project that connects memecoin culture with global education support and its effects are also clear from its almost double price rally after the news. Giggle Fund Binance Listing Details: Trading Starts: Oct 25, 2025 at 6:00 UTCPairs: $USDT , USDC, TRYDeposits: Open nowWithdrawals: Oct 26, 2025 at 6:00 UTCNetwork: BNB Smart Chain GIGGLE-Coin has already been trading on other major platforms like HTX, Gate, MEXC, KuCoin, PancakeSwap, and more, steadily building momentum into this global launch. Hype in Price: Reaction of Binance Action Ahead of the listing announcement, $GIGGLE -Token saw a sharp surge. An explosive market rally pushed the token to a fresh all time high of $281.15 the same day. It gained more than 1669% over the last month and over 12.5M% since September lows. For now it’s hovering around $255.87 with a market cap of $277.8M, backed by strong liquidity and soaring daily volume up 500%, surpassing $168M in the past 24 hours. At this point, will it be possible for the coin to reach $500 or more, hit a new record after the launch or will it fade away as a short-term hype?
Source: CoinMarketCap What is Giggle Fund: A Memecoin With a Mission Its working is simple yet standout, a memecoin that funds free education for children worldwide through a 5% tax on every trade, automatically converted to BNB and sent directly to Giggle Academy, the global learning initiative started by the former Binance CEO CZ (Changpeng Zhao).
Source: GiggleFund Although Giggle Fund is not officially associated with Giggle Academy, it voluntarily donates funds raised through trading activity towards its mission of free global education. Over $11M+ in contributions have already been routed to support this mission, all fully traceable on-chain. Tokenomics Design and Ecosystem With no team allocation and a fixed supply of just 1M tokens, GIGGLE-positions itself as a purely community-owned project. Every investor helps push real-world impact, scholarships, curriculum development, and gamified learning tools for underserved kids. GIGGLE-operates as: A memecoin for social goodA transparent donation infrastructure using blockchain verifiabilityA gateway for crypto users to participate in charity without intermediaries This model ensures continuous support for education programs, but also depends heavily on sustained trading volume to keep donations flowing. Can Impact Tokens Define Crypto’s Next Culture Shift? GIGGLE’s Binance entry arrives at a pivotal moment. Crypto world is searching for renewed purpose beyond speculation, and social-impact tokenomics offer a compelling story, but long-term success must be proven, not promised. If the project maintains momentum and shows that donations can scale regardless of market cycle, it could evolve from a trend-driven meme into a reference point for ImpactFi, a sector where profit and purpose reinforce one another.
Satoshi Whale Transactions Stir Market After 14 Years Silence
Bitcoin Wallet Move: Satoshi Whale Transactions After 14 Years Silence What happens when a silent giant stirs after more than a decade? The crypto world just witnessed it. A Satoshi Whale Transactions—one of the oldest addresses dating back to 2009—has come to life after 14 years of dormancy, transferring 150 BTC this week.
Source: X The address reportedly mined around 4,000 $BTC between April and June 2009, when Bitcoin’s creator Satoshi Nakamoto was still active online. The coins, worth just $67,724 when last touched, are now valued at approximately $16 million—a testament to Bitcoin’s incredible journey. Rare Movement from Bitcoin’s Genesis Era On-chain data reveals the wallet consolidated its holdings into a single address in June 2011, remaining untouched since then. Such Satoshi whale transactions are exceedingly rare—Glassnode data suggests only a handful of pre-2011 wallets move funds annually. Historically, these awakenings give birth to short-term chaos. Market players like to bet that early investors will be short-selling soon, inducing a temporary panic. But most earlier transfers were security overhauls, estate planning, or restructuring within a company, and not liquidation drills. Why the Timing Raises Eyebrows? The rally follows Bitcoin's consolidation into a region of approximately $111,090.17 after a sharp drop from all-time high above $126,000 last month. The market is realizing its largest ever liquidation episode where $19 billion was wiped out in leveraged positions. While its market cap stands at $2.21 trillion and 24-hour volume was $53.72 billion, this 150 BTC transaction is but a fraction of worldwide activity. Psychologically, though, it rekindles curiosity in early Bitcoin miners and what they will be doing next. BTC stands at $111,046.64 at writing, registering an intraday gain of 2.05%, indicating lukewarm recovery. What's Next for Bitcoin? Technical Outlook Bitcoin (BTC) is standing at a price of $111,254, having regained from a low price of $110,016. A neutral momentum is signified by RSI of 47.09, while MACD histogram levels of about -1,808 indicate consistent bear pressure.
Source: CoinMarketCap In case it goes past $112,000, BTC will move up to $115,500–$118,000. If it goes below $110,000, it could push BTC to $106,000. The chart indicates sideways consolidation within the range of $108,000–$118,000 with reducing volume, reflecting indecision. If bullish momentum intensifies and RSI crosses above 50, it may retest $120,000 resistance; otherwise, consolidation is in the cards ahead of the next big move. The Bigger Picture: Sentiment and Symbolism In addition to numbers, bringing a Satoshi-era wallet to life is symbolic confirmation of Bitcoin's decentralized origin and strength. These idle fortunes are reminders of the extent to which Bitcoin supply is tied up, something that only serves to contribute to scarcity—a foundation of its value. Conclusion The latest Satoshi whale trade is so much of an antique that it is less a threat than a curiosity. As it briefly sets people's tongues in motion, the trade appears to be mere electronic housekeeping rather than selling tactics. In the meantime, Bitcoin's price settles in—its next move will depend on momentum above the $112,000 mark. Disclaimer: This article is for informational purposes only, not to be considered as financial advice. Do your own research before investing.
Govt Shutdown, Data Blackout Raise Concerns, But Fed Rate Cut Likely As the government shutdown enters the 22nd day, the Federal Reserve is navigating uncharted territory, with a critical meeting looming and economic data shrouded in uncertainty. In this environment, one thing is clear: the central bank’s next move will be crucial. Notably, the central bank is likely to adopt a more dovish stance amid the ongoing government shutdown, with the Fed rate cut becoming increasingly probable. The likelihood of a 50-basis-point rate reduction by year-end is gaining traction. Given the labor market's rapid decline, the bank is under pressure to act swiftly to avoid falling further behind the curve. Govt Shutdown Continues: Is a Fed Rate Cut Possible? In a recent X post, The Kobeissi Letter shed light on the prevailing US govt shutdown and its possible implications for the Fed rate cut decision. Significantly, the ongoing govt shutdown, which is now in its 22nd day, has halted key economic data, including the jobs report. Without the September jobs report, policymakers are operating in the dark, facing a dilemma between addressing sluggish hiring and combating persistent inflation. In addition, the worsening economic conditions have also ignited caution. Reportedly, the US national debt has accelerated to a staggering $38 trillion, further escalated by the government closure. While the central bank is heading into its next policy meeting with a clouded view of the economy, the community is eagerly awaiting the central bank's next move. Amidst this uncertainty, The Kobeissi Letter has provided a clear picture, sparking widespread optimism. Although the bank is facing a challenging decision-making process, the Fed rate cut is highly likely, said the commentator. They wrote, “On top of this, the Fed has lost access to key private jobs data from ADP, covering 20% of private workers. So, what does it all mean?...MUST lean even more dovish as the government shutdown continues, and they MUST cut rates. In fact, odds of a 50 basis point…by year-end are surging. As the labor market rapidly deteriorates…simply cannot afford falling behind the 8-ball.” According to a Reuters report, Nomura’s chief economist, David Seiff, posited that the officials and economists are “just flying blind.” He added, “The big question mark right now is what is going on in the labor market, and we cannot know that until we see the report.” Fed Rate Cut Odds Surge Despite this ambiguity, the Fed rate cut odds on Polymarket are increasing. "Particularly, the chances of a reduction by 75 basis points have reached 80%, while 25 and 50 basis point cuts are lagging behind.
At the same time, a Reuters poll indicates the Federal Reserve will lower its key interest by 25 basis points next week and again in December. This forecast reflects a shift from a month ago, when economists anticipated only one reduction, as policymakers have signaled that further reductions are likely. Economists remain divided on the rate's trajectory by year-end.
BitcoinOS Funding Raises $10M to Transform Institutional BTCFi
BitcoinOS Funding Accelerates BTCFi Growth and Institutional Protocols BitcoinOS (BOS), a project building programmable and scalable financial tools on bitcoin, has raised $10 million in fresh funding. The round aims BOS’s mission to extend-Bitcoin for developers and institutions, enabling contracts, cross-chain integration, and driving the next phase of bitcoin-powered finance (BTCFi).
Source: Press Release The latest BitcoinOS funding round was led by Greenfield Capital, joined by FalconX, Bitcoin-Frontier Fund, DNA Fund, Trust Machines, and other top crypto investors. Angle investors also joined in, including Anchorage Digital CEO Nathan McCauley, ex-Blackrock Private Equity Paul Taylor, and Spartan Group’s Leeor Groen. This shows strong confidence from some of the biggest names in crypto that the network is ready for its next chapter – becoming more than just “digital gold.” Edan Yago, CEO and Co-founder of BitcoinOS, added that the raise will “help accelerate Bitcoin’s evolution into a global financial system, while keeping it decentralized and secure.” What BitcoinOS Is Building? BitcoinOS calls itself a "unifying operating system for Bitcoin.” Launched in 2024, it makes history by verifying first-ever zero-knowledge (ZK) proof on Bitcoin’s mainchain, proving complex transactions can run natively on Bitcoin-network without sidechains or forks. This advancement allows $BTC to connect seamlessly with other networks like Ethereum, Cardano, and Litecoin, unlocking more than $2.2 trillion in potential Bitcoin-liquidity. Jascha Samadi, Founding Partner at Greenfield Capital, said BOS’s zero-knowledge proof technology “marks a true breakthrough, giving Bitcoin-programmability without changing its core code, something the industry has sought for over a decade.” What’s Next? The Bigger Picture! BOS is now scaling Grailing Pro, an institutional-grade protocol that allows Bitcoin-holders to earn yield while keeping full self-custody. Alongside this, the platform has launched Charms, programmable Bitcoin-tokens that enables decentralized applications to run natively on Bitcoin-network. Together, these innovations showcase how the network can move beyond simple transactions to the real finance activity platform. Building the Future of Bitcoin-Finance As BTC approaches new heights frequently and institutions continue adding BTC to their balance sheets, BOS’s plan represents a turning point. With the new funding, zero-knowledge-powered infrastructure, the platform is building the foundation for a broader BTCFi ecosystem. Its roadmap focuses on expanding institutional and developer tools while keeping Bitcoin’s core principles of transparency and decentralization intact. This clearly signals a shift toward a future where the network operates as the programmable backbone of the global digital economy.
Robert Kiyosaki Warns of Fiat Risks; Urges Bitcoin, Gold Investments
Why Robert Kiyosaki Calls the Dollar ‘Fake Money?’ Robert Kiyosaki, a financial educator and author of the renowned book “Rich Dad Poor Dad,” has once again issued a stark warning on what he calls a “broken and corrupt monetary system.” Highlighting accelerating inflation and widening wealth inequality, he argues that traditional government-issued money is rapidly losing credibility. He added that the surging prices of gold, silver, and Bitcoin could lead to deeper inflation. Robert Kiyosaki Predicts Impending Inflation Robert Kiyosaki has long been a vocal critic of the current monetary system, consistently warning about the weaknesses of the US dollar while championing alternative assets like Bitcoin $BTC , gold, and silver as real stores of value. In his latest X post, Kiyosaki has reiterated his stance on the traditional monetary system, which he believes makes the poor and middle class miserable. He wrote, “Please do your best to not be a victim of a broken and corrupt monetary system. Government money is fake money. Government money makes the rich richer….unfortunately the poor…poorer.” Reinforcing his stance, he urged individuals to protect themselves from the current financial structure, which he thinks is flawed. He posits that the rise in prices of safe haven assets like gold, silver, and Bitcoin could be indicative of imminent inflation. He added, “While I am personally happy gold, silver, Bitcoin, Ethereum $ETH are going up…. My concern is the price of life…. AKA…inflation….makes life harder on the poor and middle class.” Further, he urged investors to shift focus to the real safe haven assets to save themselves from being destroyed by inflation. The takeaway from his warning is simple: preserving wealth isn’t about making more, but about breaking free from a monetary framework that steadily devalues what you earn. In Kiyosaki’s view, this is less of an investment choice and more of a survival strategy. Robert Kiyosaki Backs Silver Among the three safe-haven assets, the economist appears to favor silver the most, largely due to its rising demand, increasing price momentum, and greater affordability compared to gold and Bitcoin. In a previous post, he wrote, “IF I HAD $100 WHAT WOULD I INVEST IN? I WOULD BUY MORE SILVER COINS…[it] has been manipulated for years.” 2025 Inflation In addition, he has often referred to those who save in U.S. dollars as “losers.” Having long predicted that the biggest inflation event in history would hit in 2025, he believes the recent crypto market crash is a wake-up call that confirms his warning. On October 12, he shared a post, writing, I predicted the biggest crash in world history was coming in my book Rich Dad’s Prophecy. That crash will happen this year…warning anyone who would listen not to save printed assets. Invest in real assets…For years I have saying “SAVERS are LOSERS” Inflation turners savers cash into trash. For years I have been saying save gold, silver, Butcoin, and recently Ethereum.”
Bitcoin Drop, Stock Crash, and Gold ATH: US Recession 2025 Near?
Drop, Stock Crash and Gold Rally: Signs of a Global Recession? Could America’s record debt be the spark for the next global financial reset? In a week where Bitcoin drop headlines dominate and gold reaches historic highs, market signals are flashing red for investors worldwide. US Credit Card Debt Signals Rising Economic Pressure In August, US household credit card debt surged to a record $1.33 trillion, setting off alarm bells across financial markets. Revolving credit fell at a 5.5% annualized pace, pointing to consumers pulling back amid mounting pressure. Even more concerning, 12.3% of card balances are now 90+ days delinquent, the highest since 2011.
Source: The Spectator Index Average household credit card balances have ballooned to $10,668, with states like Hawaii ($15,100), California ($13,800), and Alaska ($13,600) leading the debt charts. New York, Texas, and Florida follow closely. This debt buildup, combined with a government shutdown and tariff wars, is squeezing consumer sentiment. Seventeen percent of Americans have delayed major purchases, while 7% have canceled plans entirely. Job security fears are rising, with 37% of workers more worried than at the start of the year. The mood echoes historic collapses: Poland in 1989, Russia in the early 1990s, and America in 2008. Each time, massive collapses created opportunities for a few and wiped out the middle class. As the US faces what some call a “manufactured collapse,” markets are reacting sharply. Bitcoin Drop Amid Market Panic, Altcoins Crash Harder The crypto market has felt the full force of the fear. In the last 24 hours alone, total crypto market capitalization fell 2.18% to $3.7 trillion. $BTC recorded an intraday crash of 2% and a weekly drop of around 10%, sliding from $121,410 to $107,804 before stabilizing at $108,851. Its market cap stands at $2.17 trillion with $87.26 billion in daily trading volume.
Source: CoinMarketCap Ethereum $ETH , Solana, and $XRP followed suit with 2–3% daily declines, deepening the sense of “Extreme Fear.” This Bitcoin price news comes as the S&P 500 trades just 2% below its all-time high of $6771, currently at $6629, creating an unusual divergence. The Russell 2000 is down over 2% on the day, while the Dow Jones hovers 2.5% below its peak of $47,135, currently at $45,952. Additionally, around 44,000 BTC options contracts worth approximately $4.8 billion are set to expire today, Oct. 17. While this expiry is slightly larger than last week’s, analysts expect minimal impact on spot prices, which have been trending lower throughout the week. The key question now — will markets continue their downward slide? Gold Surges to $30 Trillion, Outshines Bitcoin Despite these crashes, Gold officially became the first asset in history to hit a $30 trillion market cap, with prices reaching an all-time high of $4,367. Analysts expect $4,400 could be tested tonight after a 10% surge in just over a week. Veteran investor Peter Schiff declared, “Gold is more likely to hit $1 million than Bitcoin.”
Source: TradingView This rapid climb has sparked intense debate over gold vs Bitcoin as the preferred safe-haven asset. As Bitcoin falters, gold is “eating Bitcoin’s lunch.” The market’s rush into gold mirrors previous crises, where investors abandoned riskier assets for tangible stores of value. For many, this looks like the first signs of a US recession 2.0. US Recession 2.0 Incoming: What Investors Should Do? Despite the panic, there are critical macro triggers ahead. The Federal Reserve recently cut interest rates by 25 bps to a range of 400–425 bps. Markets expect another cut in the October 29 meeting, a move that could inject fresh liquidity and temporarily support crypto and stocks. However, with household debt at record highs and Bitcoin drop headlines intensifying, investors should tread carefully. Historically, recessions have created both destruction and opportunity. Defensive positioning, diversification between risk and safe-haven assets, and close attention to macro signals will be key in navigating the weeks ahead. Conclusion The convergence of record US debt, a sharp Bitcoin crash, and gold’s historic surge paints a clear picture: markets are entering a new, volatile phase. Whether this marks the start of a 2025 recession or a temporary panic, investors who stay informed and balanced will be best placed to ride the storm. Disclaimer: This is for educational purposes only. Always do your own research before any crypto investment.
Reliance Jio Partners with Aptos to Drive India’s Web3 Future
Reliance Jio Partners with Aptos to Power Blockchain Rewards for 500M In a move that could reshape how millions of Indians interact with digital services, Reliance Jio partners with Aptos to launch a blockchain-based rewards platform for its massive 500 million user base.
Source: Bitinning This Aptos Jio partnership marks one of the largest real-world Web3 integrations ever attempted by a telecom company, signaling India’s growing role in private blockchain adoption at scale after governmental pushes. So, let’s get through the system, how will it work? A Real-World Blockchain Use Case in Action The partnership between Aptos Foundation, Aptos Labs, and Reliance Jio was officially announced during the Aptos-Experience event. The collaboration aims to build a digital rewards system that runs on Aptos’s layer-1 blockchain, known for its speed, low fees, and scalability. Instead of speculative tokens or meme coins, Jio’s rewards will focus on real-world utility, allowing users to earn benefits tied to their telecom and digital activity. The new system is currently in beta testing, already engaging around 9.4 million users across India. Aptos-Labs is testing the system’s capacity for Jio’s massive user base and will keep supporting its smooth full-scale rollout. Aptos' Price Reaction Remains Muted Despite the groundbreaking announcement, Aptos $APT saw a 5% price drop (currently at $3.48) in the last 24 hours, according to CoinMarketCap. But, the token’s decline can be seen as a result of broader crypto market weakness, not the project’s fundamentals.
It is expected to renew interest once the beta phase expands nationwide and more users begin interacting with the reward system. Why This Matters for India’s Digital Future Reliance Jio, which is controlled by Reliance Industries, is the biggest telecom operator in India and the third-biggest in the world. The firm has led India's technology story, be it in cheap 4G or its blockchain-experiments, including JioCoin launched on the Polygon Network in early 2025. It provides muscle to blockchain into real-time digital offerings in telecom, payments, and entertainment. This move is likely to further accelerate the pace of India's becoming the #1 country in the world in terms of cryptocurrency adoption for 2025, as per Chainalysis Global Crypto Adoption Index, by taking-blockchain practicality directly into the hands of millions of regular users. A Step Toward Web3 for the Masses This Aptos-Jio collaboration could be the blueprint for Web3 adoption through established consumer systems. With this action, Reliance Jio and Aptos are bridging the gap between conventional digital consumers and decentralized technology, making Web3 feel seamless, fast, and rewarding. This vision aligns with India's digital governance aspirations, integrating AI, blockchain, and IoT to enhance transparency, efficiency of service, and trust. While the government avoids full legalisation of cryptocurrencies to protect systems like UPI and reduce risks of stablecoins and criminal crypto flows, it keeps exploring regulated distributed infrastructure for transparency and protection of data. If executed correctly, it won't just incentivize users, it could redefine the interplay between governments, telecoms, and blockchain in the world's fastest-digitizing democracy.
Powell Signals Policy Shift — Rate Cuts Could Boost Crypto!
The #crypto market reacts as Fed Chair Jerome Powell signals a pivot from strict inflation control toward supporting the economy amid labor market concerns. Market Snapshot: Bitcoin (BTC): $112,870 (▼2.15%) | Volume: $92.46B Ethereum (ETH): $4,132 (▼2.63%) | Volume: $67.28B Fear & Greed Index: 37 (“Fear”) Key Insights: Powell confirmed the Fed is ready for rate cuts, with futures showing a 97% chance of a 25bps reduction in October. The end of Quantitative Tightening (QT) could increase liquidity, creating favorable conditions for risk assets like $BTC and $ETH . Technical Outlook: BTC: Support $110,000 | Resistance $116K–$117K | Upside Target $119,500 ETH: Support $4,120 | Resistance $4,310–$4,360 | Potential Move $5,000 Outlook: A dovish Fed stance may inject fresh momentum into crypto markets. Traders should stay cautious yet optimistic, focusing on low-leverage setups as macro liquidity expands. 📈 Liquidity meets opportunity — keep an eye on BTC & ETH this week on Binance $BNB
China Confirms Working-Level Talks as Trump Tariffs Impact Market
Stock Futures Jump After China Confirms Discussions on Trump Tariffs According to the recent news, Stock futures surged sharply after China confirmed “working-level talks” with the US concerning Trump Tariffs and export controls. Investors are keeping a close eye on the developments, and most investors are seeing some signs of improvement in the trade talks that may stabilize global markets and may open the path to a new US-China trade agreement.
Source: The Kobeissi Letter X Futures Extend Gains on Trade Talks S&P 500 futures climbed by 160 points from their Friday low following China’s confirmation of discussions with the US. The market rally shows the hope that the current negotiations are likely to calm tensions caused by tariff actions. Investors and traders are increasingly using historical patterns from past trade disputes to anticipate market movements. The recent surge mirrors earlier market responses during US-China tariff confrontations, suggesting that futures are reacting to the hope of progress rather than finalized agreements. China Confirms Working-Level Talks China formally recognized the current negotiations, terming them as working-level talks about tariffs and export controls. The development shows that both parties are actively seeking solutions to the trade friction that has been experienced in the global markets.
Source: X Analysts observe that this is the sixth step in a playbook that many investors have been following in order to maneuver between the US and China tariff tensions. Traders have been traditionally led to the playbook since they first enter the market during a downturn, only to later rise when negotiations are making progress. Trump Tariffs on China During the last 10 months, analysts have followed all the key tariff developments and discovered a certain predictable market trend: The first cryptic messages regarding future tariffs led to crashes in the market.High tariffs (usually 50% or higher) announcements result in severe falls.Dip buyers come in, and this will bring a short-term recovery, and new lows may be seen.Further urging by the US leadership statements throughout the weekend increases volatility.The targeted nation reacts, and more adjustments to the market are made.By Sunday, there are clues of a possible solution, which preconditions a futures rally.Monday starts with the momentum that can be slowly eroded.U.S. Treasury officials give assurance to investors.Within 2-4 weeks, there are indications of a trade agreement.Formalization of a deal usually propels markets to new heights. The US is currently in step number 6, and futures are already showing an upward trend in the hope of good things. China's Strong Response Even with the current negotiations, China also gave a strong warning about the 100% tariff of President Trump. The quote highlighted the necessity to rectify the wrongs and promised to struggle to the last. This reflects on the words of April 2025, implying that China remained the same.
Source: X Observers take this statement to be an indication that the negotiations are complicated but still on track to step #9, where allusions to a trade deal are usually seen. Investor Sentiment and Market Outlook. Shareholders are optimistically cautious. The historical playbook shows that the volatility of the industry is usually followed by future gains after trade deals are announced. Analysts recommend following future utterances by both the US and Chinese officials because a minor event may have a huge impact on futures and the general industry trend. Conclusion Although China is making strong assertions that highlight the future, the trends of the past indicate that a systematic way to an agreement could be taking shape. Shareholders are on the alert, and there are more trends to be experienced in the next few weeks.
Ethereum Price Prediction: $5K on the Horizon, Bulls Hold Strong
Ethereum Price Prediction: Weekly Close Above $4.1K, Next Target $5K The Ethereum price has delivered one of the most ironic plot twists in crypto history. During the recent crypto market crash on Saturday, hackers panic-sold 8,638 $ETH for $32.5 million at $3,764, taking a $5.5 million loss. Their repurchase of the token coincided with the price surge, which closed above the $4100 support. Analysts and experts are closely watching the altcoin’s movements to provide a clear Ethereum price prediction. Considering its current trajectory, analysts believe that ETH’s next target is a new all-time high of $5,000. Ethereum Price Prediction: Is $5K in Sight? Following the recent market crash that followed US President Donald Trump’s 100% tariff on China, the ETH price has rebounded. After falling to a low of $3,900 from $4,700, the altcoin has surged back to $4,180, marking a daily hike of 10%. However, the cryptocurrency has seen severe downturns of 8% and 12% over the past week and month, respectively. In an X post, Ash Crypto highlighted ETH’s weekly candle close above $4,100, which marks a critical support level. This significant breakthrough has sparked speculations of the altcoin’s sustained rally, with the next target at $5,000.
Driven by this bullish trend, the community is showing increasing interest in the token. This is visible in the notable 20% rise in the 24-hour trading volume, which is at $60.53 billion. This growing investor interest indeed could positively impact the altcoin’s potential uptrend. Hacker Liquidation One of the most striking on-chain events during Saturday’s crash came from a group of hackers who made a costly mistake driven by fear. In a rush to exit their position, they panic-sold 8,638 ETH for $32.5 million at a price of $3,764, locking in a $5.5 million loss. As the market rebounds, according to a Lookonchain post, the group repurchased 7,816million, worth $32.5M at a higher price of $4,159. This massive accumulation has, in turn, contributed to the positive sentiment, with experts putting forward a bullish Ethereum price prediction.
During the Saturday market crash, about $20 billion in digital assets were liquidated across major exchanges like Hyperliquid, Bybit, and Binance $BNB , with Bitcoin $BTC and Ethereum facing significant losses. Though the figure has significantly dropped, ETH tokens are still facing liquidation. Over the past 24 hours, around $220 million has been wiped off, with $61.50M in long positions and $158.83M in short positions. Despite this liquidation event, the Ethereum price prediction remains promising, with the community anticipating its move to $5k. In a post, Trader PA noted that the token is also expected to hit a more ambitious point of $6,500 in early 2026.
Australia ANZ Halt $520M Buyback, Keep Dividend Amid 3,500 Job Cut
Australia ANZ Shares Rise After Halting $520M Buyback and Cutting Jobs The fourth-largest bank in the country, Australia ANZ (Australia and New Zealand Banking Group), has declared a significant strategic change and will stop its remaining share buyback valued at A$800 million ($520 million) in a bid to concentrate on simplifying its operations and core lending. The relocation is in the context of cost-cutting initiatives, regulatory problems, and market share rebuilding. Australia ANZ Halts $520M BuyBack and Retains Dividends. In May 2024, it announced a A$2 billion ($1.3 billion) share buyback following the release of good first-half cash profits. So far, the bank has completed $1.3 billion of the program. On October 13, the banking group confirmed it would halt the remaining A$800 million ($520 million) buyback to preserve cash for its new strategy.
Source: Reuters Business X Despite this, it will maintain its dividend, signaling confidence in its financial position. Shares initially fell but later rose 0.3%, outperforming the S&P/ASX 200 index, which was down 0.6% at the same time. Analysts viewed this as a positive step for shareholders, as the bank avoids cutting dividends despite halting buybacks. Cost Savings and Job Cuts As part of its strategy overhaul, ANZ plans to achieve A$800 million in pre-tax cost savings this financial year. This will come from: Job cuts totaling 3,500 positions, mostly in the retail banking and technology divisions.Restructuring teams to improve efficiency.Exiting non-core businesses such as the online cashback platform Cashrewards. The former HSBC executive, CEO Nuno Matos, stressed that the banking group was too complicated and sometimes lost touch with customers. The core of the new focus is to simplify the operations and enhance risk management. Focus on Mortgage and Business Lending A key part of Matos’ plan is to strengthen ANZ’s core lending business, which has lagged behind rivals like Commonwealth Bank, National Australia Bank, and Westpac. It plans to: Increase mortgage and business banker numbers by up to 50% in each division.Reduce reliance on mortgage brokers and write more loans directly to customers.Rebuild market share lost to competitors in the home lending sector.Matos has performed almost 20% better than its primary competitors, as ANZ shares have increased by up to 24% since he joined the company as CEO on June 1. Addressing Past Scandals Australia ANZ still has reputational and regulatory issues. Recently, the bank settled on a 2023 bond trading scandal and was fined $156 million. It also participated in a larger fine of $156 million for imposing fees on dead customers and inaccurate bonus interest payments. The overhaul conducted by Matos is supposed to enhance the risk culture and transparency in the operations of ANZ so that the bank is able to win the confidence of both investors and regulators. Conclusion Australia and New Zealand Banking Group is making long-term stability rather than short-term returns to shareholders by continuing with dividends and stopping the remaining buyback. It is looking to streamline operations, improve customer relationships, and recover market share in a competitive and highly regulated banking sector with cost-cutting measures, job cuts, and a renewed focus on mortgage and business lending.
Why Is Crypto Crashing Today: Trump China Tariff News Hit Market?
Why Is Crypto Crashing Today and Will the Market Recover? Top Reasons Why Is Crypto Crashing Today and will it recover? The global crypto market has just witnessed its largest single-day wipeout in history, plunging by 9.5% in 24 hours to a market cap of $3.83 trillion. More than $9 billion in leveraged positions were liquidated, erasing over $300 billion in total market value in one brutal trading session. Trump Tariff Turned Uptober Into Downtober The immediate trigger behind today’s sharp sell-off was President Trump’s sudden 100% tariff announcement on China, effective November 1, 2025. The move came after Beijing tightened rare-earth export controls, which the U.S. president called a “hostile act.” He posted the escalation on Truth Social, declaring new export restrictions on “any and all critical software.”
Source: Truth Social Within minutes, S&P 500 futures nosedived by -3.5%, erasing $2.5 trillion in market value in just six hours. The S&P 500 closed -2.7% lower, its biggest one-day drop since April. Traders had been expecting a pullback for weeks as leverage soared and no major correction had occurred for six months. Trump’s post became the spark that set off the powder keg.
Source: X Crypto, being a high-beta asset class, reacted violently. Bitcoin $BTC crashed 7%, falling from $121.42K to $104,953 before stabilizing at $112,627.28. Ethereum plunged 12%, now at $3,819.82. Solana tumbled 16% to $186.50, while XRP slid 14% to $2.42, as markets priced in geopolitical uncertainty and risk-off sentiment spread.
Source: CoinMarketCap This is the clearest example yet of how “why is crypto crashing today” often has roots in traditional macro shocks like Trump China tariff news. Powell’s Silence Adds Fuel to the Fire Adding to the chaos was Federal Reserve Chair Jerome Powell’s silence on the upcoming October 29 FOMC meeting. Markets had hoped for clarity on possible rate cuts. Powell offered none, increasing speculation that no rate cut will be announced. This unexpected silence poured gasoline on the already burning markets, reinforcing the narrative of “why is crypto market down today.” Meanwhile, the Fear and Greed Index collapsed from 64 (Greed) yesterday to 27 (Fear) today. Such extreme fear levels often signal panic selling — but for contrarian investors, they can hint at potential buying opportunities if the macro environment stabilizes.
Source: Alternative.me Ongoing Hacks Deepen Market Anxiety Market sentiment was further weakened by recent high-profile security breaches, including a BNB Chain hack, PancakeSwap account compromise, and a CZ hack alert. These incidents have shaken confidence in $DEFI platforms and centralized services alike, intensifying the risk-off wave. Will the Crypto Market Recover Again? Despite the intense sell-off, not everything points to a long bear phase. Several upcoming events could shift sentiment again, hinting towards “buy the dip” opportunity. The Solana ETF approval and $XRP ETF decision by the SEC are pending and could inject renewed optimism. The October 29 FOMC meeting remains a critical date — if Powell hints at policy support, it could reverse the “why is crypto crashing and will it recover” narrative. Historically, such sharp corrections often pave the way for powerful rebounds, especially if macro panic fades and institutional flows return. Conclusion Today’s crash answers the question “why is crypto crashing today” in one word: Tariffs. Trump’s China move collided with excessive leverage, Powell’s silence, and hacker fears to produce a record $300B wipeout. While panic dominates now, upcoming ETF approvals and Fed signals could turn this Downtober back into an Uptober. For long-term investors, fear often plants the seeds of future rallies. Disclaimer: This is for educational purposes only. Always do your own research before any investment.
FOMC Minutes Report Released: What It Means for Crypto Market
FOMC Minutes Report: What It Signals for the Next Crypto Rally Could the latest FOMC minutes report set the tone for the next crypto rally—or signal a cautious phase ahead? The Federal Reserve’s policy stance, revealed through its meeting minutes, is once again at the center of both Wall Street and Web3 attention. Key Highlights from the FOMC Minutes Report The FOMC minutes report, released three weeks after the last discussion, provides deeper insight into the Federal Reserve’s monetary thinking: Most officials believe it would likely be appropriate to ease policy further in 2025, indicating that rate cuts are not off the table.A few members said they could have supported keeping rates on hold in September, raising eyebrows about internal divisions.Some officials noted that current policy may not be as restrictive as previously thought, leaving room for more flexibility ahead. These statements came just weeks after Fed Chair Jerome Powell cut rates by 25 bps in September, lowering the federal funds rate to 4.00%–4.25%. But the meeting reveal some disagreement over that decision—hinting that Powell may have been under political pressure. No October Rate Cut? Trump’s Shadow Looms Large Speculation is growing that the October 2025 FOMC meeting may see no further rate cut. Several board members hinted that the September cut may have been influenced by pressure from President Donald Trump, echoing his past confrontations with regulatory heads like Gary Gensler. Powell’s caution on inflation and the minutes’ tone suggest that the October 29 meeting could maintain current rates. Market probabilities reflect this:
Source: FedWatch 50 bps cut probability: 92.5%25 bps cut probability: 7.5% For now, the Fed seems to be walking a tightrope between easing to support growth and holding steady to fight inflation. Crypto Market Reaction Remains Subdued Interestingly, the crypto market’s reaction to the FOMC minutes report was muted. The global crypto market cap rose slightly by 0.56% to $4.17 trillion, showing resilience despite the policy ambiguity. Bitcoin $BTC hovered around $122,151.44, up 0.25% intraday, with a $2.43T market cap and $62.07B in 24-hour trading volume. Solana $SOL surged 3.21%, trading at $227.41, supported by a $124.21B market cap and $7.02B in volume. This measured response suggests traders had largely priced in the Fed’s stance and are waiting for more concrete signals from the next meeting. What’s Next for the Crypto Market? The upcoming FOMC meeting, combined with developments around the U.S. government shutdown and potential reopening, could be the next catalysts for a stronger move. If the Fed sticks to its easing path, liquidity could boost risk assets—including crypto. Furthermore, Powell’s speech today is a big event everyone is waiting for. Maybe he speaks on the upcoming rate cuts or something good for the landscape. However, if political dynamics overshadow monetary policy, volatility could rise, especially in Bitcoin and macro-sensitive altcoins like Solana and Ethereum $ETH . Conclusion The FOMC minutes report confirms a cautious but divided Fed, with political pressure whispers adding intrigue. While it haven’t reacted dramatically yet, the real test will come at the October 29 meeting. Traders should keep a close eye on Fed language, political narratives, and macro triggers to navigate the weeks ahead. Disclaimer: This is for educational purposes only. Always do your own research before any crypto investment.