$NEAR launched a platform for managing corporate cryptocurrency assets.
NEAR Business supports more than 35 blockchains, including BTC, ETH, SOL, and NEAR. Companies can make bulk payments, swap assets across networks, and manage capital from a single interface. All transactions are confirmed using multisig, and signing via Ledger is available.
Asset $WLD has been trading within an uptrend over the past few days, with trading volumes increasing (DV 470 million), indicating the participation of large players. During the upward movement, clear resistance levels are forming, with accumulated liquidity volume beyond them. Before opening a position, I wait for activity to build near these levels, a subsequent impulse, and the potential for movement toward the resistance zone.
BNB Chain burned 1.65 million $BNB worth approximately 1 billion US dollars during its 37th quarterly auto-burn.
BNB Chain completed its 37th quarterly BNB auto-burn, removing about 1.646 million BNB worth approximately 1 billion US dollars at the current price. The auto-burn mechanism determines the amount to be burned based on the price of BNB and the number of BNB Smart Chain blocks produced during the quarter, with the long-term goal of reducing the total supply of BNB to 100 million. BNB Chain also continues to burn a portion of transaction fees through BEP-95.
HEX and PulseChain PLS founder Richard Heart has been detained in Istanbul.
According to Turkish media, his real name is Richard James Schueler. He and his wife were detained in the Beşiktaş district in an operation involving Istanbul police and the MIT intelligence agency. He is wanted under an Interpol Red Notice issued by Finland in 2024 in connection with a particularly large-scale tax fraud case.
During searches, authorities seized $600,000 in cash, weapons, jewelry, computers, and other equipment. The investigation is ongoing.
Standard Chartered launches trading of $BTC and $ETH in the UAE
High-net-worth clients will be able to buy and sell BTC and ETH directly from their bank accounts, without using separate wallets or third-party platforms. The bank will handle custody of funds and settlements.
Initially, the service will be available only to qualified (Professional Investor) clients in the UAE.
On $TRX , a pattern is forming for a retest and possible break below the horizontal support level at 0.32974. Buyers have already defended this area twice, on October 11 and 12. After each test, the price bounced, but sellers have brought it back to this level again. The latest move toward support was impulsive. The price is now holding near this level, but there has not yet been a significant bounce after the latest decline.
$SUI Foundation invests $30 million in DATA Network, a data protocol for AI training, and will become its largest institutional owner.
The DATA Network blockchain will be shut down, and the protocol will run on Sui. The DATA token will be migrated to Sui at a 1:1 ratio. The old network will continue operating until the transition is complete; the timeline will be announced later. Walrus will become the default storage solution.
The main product, the Trace registry, tracks data provenance and usage rights, and pays rewards to those who provided the data.
Since its launch in June, more than 250 million records have been registered, with an average of over 3 million transactions processed per day.
Asset $SUI began a corrective move after a significant decline. A clear resistance level formed, followed by a build-up of liquidity and a disruption in price balance. A bullish formation with rising highs may signal a reversal of the downtrend. I expect accumulation to form near the level, followed by an impulsive breakout as momentum accelerates.
$NEAR is currently continuing its recovery after a local correction and is once again approaching the key resistance zone at $5.52–5.58. The price is maintaining its upward structure, and after falling to the $4.60–4.70 area, it formed a series of higher lows, gradually approaching the previous local highs.
The $5.52–5.58 zone has acted as resistance several times, so a breakout above it followed by a decisive hold would confirm buyer strength for me. I’m considering opening a long position if activity picks up on the resistance breakout, with a near-term target around $5.85–5.86, offering roughly 5% upside.
Today the activity $SOXL shows an upward trend. Trading volumes have increased, indicating the participation of large players.
As the price rises, clear resistance levels are forming, behind which a liquidity pool has been accumulated.
Before opening a position, I plan to wait for buildup near the levels. I’m waiting for activity, further momentum, and a possible continuation of the upward move.
Targets for closing positions: 180.72, 181.66, 182.33.