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The days of spending crypto with a card are numbered: Cardano Card will be discontinued on October 31. Its partner Wirex is exiting the custodial business and moving to a non-custodial model, bringing the partnership to an end on the same day. The card only launched in November 2025 and supported more than 685 cryptocurrencies, drawing on Wirex’s user base of over 6 million across 130 countries. Yet it’s shutting down in less than a year. Cardholders must transfer their coins back to their own wallets before October 31, and no replacement plan has been announced so far. $ADA As of October 24, ADA was trading at around $0.2159, down about 1.3% for the day. The chain, meanwhile, was still busy: Epoch 660 (October 6–11) recorded 1.78 million transactions and 337,700 ADA in fees. The card may be going away, but the chain keeps running. Still, the idea that “spending crypto is as easy as swiping a card” has truly hit a dead end this time. #Cardano #ADA

The broader market is falling across the board, and meme coins are taking the first hit: $WIF dropped over 8% in a single day, plunging straight to around $0.19—right on its 200-day moving average. The 7-, 20-, and 50-day moving averages are all stacked overhead between $0.20 and $0.22, and bears still have the upper hand in trading volume. This 200-day line is the last moving-average support; if it fails, there’s not much meaningful support at the next level down. Those who were just saying yesterday that “the dog hat is making a comeback” should check their own positions before they speak today. Meme coin rebounds have never been driven by faith—they’re driven by volume. Until volume returns, any attempt to buy the dip is just handing ammo to the bears. #WIF #Meme coin

The story of Robinhood’s Dubai license is much less dramatic than it looks on trending topics. The DFSA approval announced on October 22 had actually been obtained on July 20, a full three months before it was made public. And getting the license doesn’t mean trading can start right away: its Middle East business isn’t expected to launch until 2027. Headquartered in the Dubai International Financial Centre, it will cover 10 asset classes, including stocks, ETFs, and crypto. The more sobering reality is that Robinhood has over 1 million customers outside the US, but crypto revenue fell 38% year over year in the second quarter to just $100 million, marking its third consecutive quarterly decline. The license is part of a long-term plan, not a short-term catalyst—those treating “approval” as “opening for business right away” will probably be disappointed. $BTC #Robinhood #Middle East

When the broader market is getting hit across the board, there are always one or two that defy reason. $IN is that exception today: its current price is just over $0.03, up around 20% in 24 hours and nearly 20% over 7 days, while $BTC is still hovering below $81,000 and the Fear and Greed Index is stuck at a neutral 51. Even more striking is the volume: figures vary by source, but they all point in the same direction—trading volume has surged well above normal, with $IN 's volume on Binance Futures briefly multiplying several dozen times, a classic sign of speculative money lighting the fuse. A reminder: so far, there’s no clear fundamental catalyst behind this rally; it’s purely a capital-driven spike. Chasing the price higher means holding the door open for early buyers to cash out. Before acting on impulse, ask yourself whether you’ll be the last one in. #INFINIT #ContrarianCoin

BTC finally broke below the line it had held for 66 days last night. It closed at $81,093 on October 23, falling below the 50-day moving average (around $81,800) for the first time—the last close below it was on August 17, exactly 66 trading days ago. Note that this wasn’t a sudden plunge: on October 5, the price was still $7,465 above the moving average; by October 17, the gap had narrowed to just $270, and by October 18, to just $83. The moving average rose steadily to “catch” the price, rather than the price crashing down. On the same day, $318 million in long positions were liquidated, and spot ETFs saw another $137.9 million in outflows (the second consecutive day), with BlackRock’s IBIT alone accounting for $110.3 million. Looking down, $80,000 is a psychological threshold, followed by the 100-day moving average at $77,532 and the 200-day moving average at $76,226. To the upside, BTC first needs to reclaim the 20-day moving average near $82,300. Breaking the 66-day trend line doesn’t mean a bear market is here, but the comfortable “buy the dip” zone is indeed over. $BTC #Bitcoin

New York’s attorney general is really cracking down this time: On October 22, she asked a court to recover $1.37 billion from NovaTech founders Cynthia and Eddy Petion—$1.135 billion in ill-gotten gains, plus $232 million in prejudgment interest. The couple were held liable by default in August 2025, then fled without even turning over the investor records the court demanded. The most damning figures are in those records: Investors sent $1.16 billion to NovaTech’s CoinPayments account, but only $26 million actually made it onto the trading platform—just over 2%. The rest went toward “returns” for earlier investors and promotional commissions. More than 11,000 New Yorkers were caught up in it, many of them Haitian immigrants and members of church communities. The four promoters who settled paid a combined total of only about $6 million to compensate victims—not even a drop in the bucket. The court has yet to rule on whether the $1.37 billion can be collected, but the figure itself is a monument to every scheme promising “guaranteed returns of 2%–4% a week”: the more certain the promised returns, the uglier the getaway. #NovaTech #CryptoScam

Yesterday, China’s A-share market taught everyone a lesson in how it always strikes when you’re at your breaking point. The Shanghai Composite plunged to 3,574.27 in the morning session, hitting a nearly one-year low. The ChiNext Index briefly fell more than 3.2%, and over 5,000 stocks were in the red. Those who sold at a loss that morning must have had trembling hands. Then, just minutes into the afternoon session, everything changed: ChiNext surged straight up and turned positive, closing 4.16% higher at 2,684. The Shanghai Composite also clawed its way back to 3,690.48, up 0.89%, while the Shenzhen Component Index gained 2.79%. Behind the rebound were 60 billion yuan in turnover in state-backed ETFs in a single day, providing support, along with a wave of news about orders for leading tech companies and share buybacks. The most gut-wrenching part isn’t the drop—it’s watching the market bounce back right after you’ve sold. The market’s cruelest trick has never been volatility; it’s taking your chips the moment you break. #A股 #ChiNext

Korean traders are sending money into the market again today. Upbit officially listed Bubblemaps against the Korean won at 12 p.m. today (Korea time) $BMT , and the news immediately lit a fire under the token: BMT surged more than 50% in 24 hours, climbing from around $0.024 to an intraday high of $0.052. It’s still trading above $0.04, with 24-hour trading volume reaching $219 million and a market cap of around $31 million. That’s the immediate impact of a listing on a Korean exchange—yesterday it was hovering near $0.02, and today it’s doubled. But don’t get carried away: it has already pulled back from its high, and selling pressure is evident around $0.027–$0.03. Chasing the rally means becoming exit liquidity for early buyers. These Korean-won-driven rallies have always come and gone fast, so locking in profits is the real skill. #BMT #Upbit

The more you dig into the Initia incident, the crazier it gets: the hacker minted the tokens in just 7 minutes, but the chain wasn’t halted until 42 minutes later—and by then, the funds had already been bridged out.

As of today, October 24, the chain still hasn’t restarted, there’s still no official postmortem, and assets on the bridge remain stuck. The team has only said one thing: the vulnerability wasn’t in native INIT itself; the tokens minted were cross-chain AUSD, ETH, and USDC.

Yesterday’s exploit alone amounted to $2.7 million. Upbit, Bithumb, and Coinone immediately suspended INIT deposits and withdrawals.

Bottom line: halting the chain protects the money that’s left, not the money that’s already gone. Don’t leave much money on bridges for young blockchains.
#Initia #Hacker

From last night through today, the whole market got ground into the dirt again: $BTC fell to $80,654, down 1% in 24 hours; $ETH 2374 fell 0.7%, SOL at $102.11 fell 1.6%, and XRP at $1.29 fell 2.2%. Only BNB at $737 and TRX at $0.3295 managed to hold steady.

Long traders had it worst: $466.78 million in liquidations across the market over 24 hours, with 179,599 people liquidated. Long positions accounted for 68.68%—they missed out on the gains when prices rose, then got carried out first when they fell.

Total market cap: $2.81 trillion. 24-hour trading volume: $64.91 billion. The money hasn’t left; it’s just changed hands.

Before the Fed meeting on October 27–28, chasing longs at these levels is like licking blood off a knife’s edge.
#比特币 #Liquidations

Fund flows have poured cold water on the bulls again: U.S. spot Bitcoin ETFs saw net outflows of $137.9 million on October 23, marking a second consecutive day of heavy losses—the previous day had just set the largest single-day outflow since June 25, at $635 million. Breaking it down, BlackRock’s IBIT alone saw $110.3 million flow out, while Fidelity’s FBTC lost $31.8 million. Only Morgan Stanley’s MSBT bucked the trend, with inflows of $4.2 million. By contrast, spot Ethereum ETFs saw net inflows of $4.4 million that same day, as funds began seesawing between BTC and ETH. Prices, however, held up: Bitcoin stayed above $80,700, down just 0.85% over 24 hours. With institutions heading for the exits but prices holding firm, is this level a bottoming-out process—or the calm before the storm? #比特币 #ETF $BTC $ETH

On a day when the broader market is flashing red, there’s always a rebel: $AKE is one of the few in the top 100 in the green today. Across market data sources, its 24-hour gain ranges from 6% to 10%, with a current price of 3.1–4.0 cents and a market cap of $700–880 million. The backdrop: yesterday it weathered a wave of $62 million in token unlock selling pressure—the market absorbed the unlock, which amounted to just 9% of the circulating supply, and the bears failed to push it down. With Bitcoin at $80,700 and Ethereum around $2,370, both drifting lower, funds are taking shelter in GameFi. Is this rally against the trend a sign of real strength, or is it the next one due for a catch-up drop? #GameFi

Canada is getting serious about stablecoin regulation: consultations on the new rules open October 24, with a 60-day comment period ending December 23. The rules are expected to take effect in fall 2027 alongside the Stablecoin Act. The framework has three core requirements: non-bank issuers must first register with the Bank of Canada, maintain high-quality liquid reserves of at least 1:1, and redeem stablecoins at par. Stablecoins also cannot be marketed as deposits or government-insured products. The U.S. OCC’s GENIUS rules take effect on January 18, 2027, so Canada’s move fills in the other half of North America’s regulatory picture. The requirements for compliant issuers are becoming clearer, while there will be less and less room for unregulated stablecoins. Don’t wait until the registration window closes to start thinking about compliance.#稳定币 #Canada

A little bird has taken over Upbit’s top gainers today: $BIRB shot to the top in a single day, surging 92% against the Korean won to 198 won, with 2997 billion won in daily trading volume. On OKX, its 24-hour gain is also above 93%. Even more striking is the backdrop: 146 of the 298 coins on Upbit are down, while $BTC is flat. This isn’t a broad-based rally—the money is rotating into small-cap Solana meme coins. There’s no new project-specific catalyst; it’s purely funds and sentiment driving the move. If you got in near the lows yesterday, you’d be sitting on nearly double today—but you could just as easily give it all back in a day. Before chasing the price, ask yourself: at 198 won, are you here to take profits or to be the last one holding the bag? #BIRB #Solana

$WLD was still riding its banking identity narrative three days ago, but today it gave back all its gains: it fell about 14% in 24 hours, sliding from around $0.55 to below $0.48. It briefly reclaimed the $0.50 mark, then lost it again. The key question now is simple: can it get back above $0.50? If not, the next level to watch is around $0.46; only a recovery above $0.50 would suggest the decline is stabilizing. $BTC is still hovering around $80,800, while the drops are concentrated in high-volatility coins that had already rallied. The one thing to avoid when chasing these coins is the idea that a big drop means a bargain: $WLD fell from $11.79 to $0.48, and a big drop has never meant a bottom. #Worldcoin #CryptoMarket

While the broader market is deep in the red, MemeCore ($M ) is climbing against the trend: it’s up about 10% in 24 hours, with its price nearing $0.96 and market cap at around $2.2 billion, keeping it firmly in the top 50 by market cap. On the same day, $BTC is still hovering around $80,800, the Fear & Greed Index is stuck at a neutral 51, and most coins are falling—so naturally, money is flowing into this kind of countertrend play. $M is up about 20% over the past 7 days, just a breath away from $1. Before chasing the rally, though, be clear about the risks: volatility is extreme at this level. It gained 10% yesterday, but could give it all back tomorrow. Don’t gamble with a position size you can’t afford to hold. #MemeCore #CryptoMarket

Tim Pan folded the iPhone Duo 10,000 times, and one review may have sealed its fate.

The hinge held up; the crease didn’t. After 10,000 folds at room temperature and another 1,000 at -20°C, the hinge was still as smooth as ever. But the crease down the middle got deeper with every fold, and strands of hair and grains of sand could still slip through the gap and into the hinge.

Starting at $1,999, it was hyped for months at the launch event—but one blogger saying “don’t buy it” says more. Those who ordered the first batch basically paid Apple $2,000 to be its quality-control inspectors. #iPhoneDuo #foldable phone

IRYS absolutely crushed the shorts today.

Spot price shot up to $0.32 in a single spike, gaining over 280% in 24 hours. Perpetual futures were even more insane: up 780% in just 4 hours, hitting $0.50. On October 23 alone, shorts were liquidated for $21.4 million—the short sellers were left with nothing.

But don’t rush into FOMO: after peaking, the price has already pulled back to around $0.09. Its market cap is $266 million, and the RSI has hit 96.8—deeply overbought. Anyone who held yesterday woke up to a much fatter account this morning; anyone who chased at $0.32 has already lost more than half.

This isn’t price discovery—it’s a meat grinder. #空头绞杀 #ShortSqueeze

$BNB The 37th quarterly burn is complete: 1,646,196 BNB were sent directly to a burn address, worth approximately $1.197 billion at the time of execution—making this the largest BNB burn ever in terms of dollar value.

After the burn, the total supply fell to 131,512,085 BNB, leaving about 31.5 million to go to reach the long-term target of 100 million. The previous burn in July was worth about $931.7 million. This round burned 1.9% more BNB and had a 28.5% higher dollar value, purely because the price went up.

Quarterly burns are based only on the price of BNB and the number of blocks produced on BSC. They have nothing to do with trading volume on the Binance exchange, and happen on a fixed schedule. A reminder: burns aren’t dividends, and the price won’t automatically rise just because BNB was “burned”—but the circulating supply really did shrink by 1.64 million BNB.

#BNB #Deflation

Today's biggest loser across the market: $ALT , down 39% in a single day to $0.0079.

What hurts even more is the trading volume: only about $69 million in 24 hours, down 69% from the day before. This is a classic liquidity-drought sell-off—there's no one stepping in to buy, so even a slightly larger sell order can send the price crashing through support.

Since its all-time high of $0.6845, $ALT is down 98.8%. If you had put $100,000 in back then and held until now, you'd have just $1,200 left.

There’s no clear negative catalyst on the charts; altcoins are simply bleeding across the board. Bitcoin dominance is nearing 60%, with funds concentrating in BTC. If you're looking to buy the dip, wait until it gets back above $0.0080. If it breaks below $0.0070, the next level to watch is $0.0065.

#山寨季 #BuyTheDip