BnFastNews

Ethereum staking hit another record yesterday: validatorqueue shows 44.1 million ETH staked, or 36.1% of the total supply—roughly one out of every three coins is locked up. That Cointelegraph post sparked more than a hundred replies.

What I’m more interested in is the length of the two queues. There are 1.31 million ETH waiting to enter, with a wait of more than 23 days; on the exit side, there are only 260 ETH, and it takes just over a day to get out. Anyone willing to wait three weeks for a 2.46% annual yield probably isn’t planning to sell anytime soon.

But the price hasn’t really responded: $ETH is still hovering around 2,366, after briefly dipping to 2,282 on the 4-hour chart two days ago. Staking reduces the amount of ETH available to sell, but whether buyers show up is another matter. I’ll be watching to see whether the 1.31 million ETH entry queue keeps growing or starts to shrink—that may tell us more about the attitude of large holders than the 36% figure.

Are you planning to stake the Ethereum you hold and join the 23-day queue? Or would you rather keep it liquid and ready to move?

#以太坊质押 #Ethereum

A little after 10 a.m., I checked $BMT . In just an hour, it jumped from around 0.025 to 0.044, briefly hitting a high of 0.0514. The reason was simple: Upbit officially announced a KRW trading pair, with trading opening at noon Korea time.

The timing was pretty interesting. Just two days earlier, Bubblemaps had posted a long thread saying that the year-old rumor going around that “Kimchi made $40 million off Trump coin” simply didn’t add up. They traced the wallets and found the actual profit was around $6 million. The post got over 1.6 million views.

I’ve always thought this project was a little ironic: its product helps people see how tokens are distributed and uncover insider trading, but before its own token was listed, its circulating market cap was only around $17–18 million. Now that Korean money has come in, its trading volume has shot up to No. 12 among Binance spot markets.

The price is now hovering around 0.044, having pulled back from its high. What I’m more curious about is whether they’ll use their own tool to publish a chart showing how the tokens behind this rally are distributed.

When you research a new coin, do you actually check its holder distribution chart, or do you just look at the candlesticks?
#BMT #Upbit

The NEAR community has been arguing pretty fiercely over the past couple of days about “who this technology really belongs to.”

It started when DFINITY founder Dominic Williams posted on 10/21, relaying an assessment of NEAR Confidential Intents by one of his company’s PhD engineers. The exact words were “so bad it’s almost funny,” with the core accusation being that privacy relies entirely on a permissioned set of nodes. The next day, he published a long post saying that the threshold-signature algorithm behind Intents uses DFINITY’s proprietary technology. On 10/23, he added that the algorithm is patented.

NEAR didn’t trade insults. On 10/22, it published a technical post saying that chain signatures now run entirely inside trusted execution environments, with 11 of 17 nodes required to sign for a transaction to take effect. Operators include Bitwise, Nansen, Everstake, and others. Intents’ cumulative cross-chain volume has topped $35 billion. Interestingly, after reading the post, Dom acknowledged that there were twice as many nodes as the eight he’d assumed—but he hasn’t budged an inch on the claim that it “uses our technology.”

$NEAR 24 hours saw a drop of just over 4%, with trading volume ranking fairly high among Binance spot markets. My take is that decentralization can be verified gradually using on-chain data; the patent is the real wildcard. As long as this doesn’t become a legal case, the market will probably continue to care more about Intents’ volume.

What do you think will happen in the end: a licensing settlement, a lawsuit, or will everyone forget about it after a couple of weeks of arguing?
#NEAR #Cross-chain

The official account has locked in the date.

@Zcash confirmed yesterday: Network Upgrade 7 is scheduled to activate on mainnet at block 3,543,405, around November 5. The Zcash Foundation also released Zebra 7.0.0. Nodes must upgrade before then or they’ll fall off the consensus chain.

The most obvious change this time is that block times will drop from 75 seconds to 25 seconds (ZIP 218), while shielded transactions remain supported. There’s also a network sustainability mechanism that recycles some transaction fees into future block rewards. On the market, $ZEC ranked among the top three by spot trading volume on Binance over the past couple of days. The price has pulled back from around 1,289 near its peak to around 1,226, with considerable volatility.

Personally, I’m more interested in whether nodes can keep up before and after activation, and whether activity in the shielded pool picks up along with the faster block times. A price rise alone isn’t enough—it has to be used.

Which matters more to you: faster block times, or whether privacy-focused funds will flow back in as a result?

#ZEC #PrivacyCoins

I only connected the dots from the past couple of days when I saw the BNB Standard (Nasdaq: BNC) official account’s bell-ringing announcement: on Monday, October 26, at 9:30 a.m. Eastern time (9:30 p.m. Shanghai time), they’ll ring the Opening Bell at Nasdaq MarketSite in Times Square, with the livestream starting at 9:15. They’re celebrating the new name and new CEO: Alex Odagiu officially took over on October 19, and the company also announced that it will run its own BNB Chain validator, while keeping its treasury coins in qualified custody.

This is a completely different story from last week’s 37th burn. A burn reduces supply; this time, it’s about the TradFi image: a publicly listed company that calls itself the world’s largest corporate BNB treasury is bringing the bell-ringing ceremony in front of Nasdaq’s cameras, while also putting a validator to work on-chain as part of its business operations. If institutions really start copying the playbook, this is where the narrative begins.

The market has pulled back today from around 751 and is hovering near 733, down about 2% over 24 hours, with roughly 88.5 million U in volume. I’d put my watch position in the 728–734 range; if it drops further, I’d watch 705–710 (the area of the October 15 and 19 lows). If the daily candle closes below 698, I’ll admit I’m wrong and exit for now. I’d first watch 742 / 752 for a move back up, then 765 further out.

I’m not telling you to go all in. Just a reminder: the countdown to the bell-ringing ceremony is in its final few days. If you want to follow along, open the $BNB trading widget below and make your own decision based on the live market.

I just came across @opentensor’s Novelty Search announcement, and it finally connected the dots for me—eTAO on $TAO isn’t just a slide-deck idea; the mainnet transition is already complete.

Until now, every subnet followed fixed rules: 18% to the owner, 41% to validators, and 41% to miners. Starting 10/20 (runtime v480→v481), subnet owners can adjust the allocation themselves: 0–33% for the owner, up to 50% for validators, and at least 33% for miners. They can change it only about once a week. The baseline share for staking on the root network is recalculated on-chain every block and deducted from the validator bucket first, so owners can’t change it with their allocation settings—the official example still puts it at roughly 5.4% of emissions. Total emissions stay the same; what changes is who gets them. For anyone making a market-cap story, that’s a lot more tangible than another round of “AI narrative” hype.

Even more interesting is how quickly this is being put into practice. In publicly verified examples, Vanta (SN8) set the owner share to 0 and split the rest 50/50 between validators and miners; Almanac (SN41) lowered the owner share to 10% and raised the miner share to 50%. That shows some subnets are willing to cut their own share to give miners a boost. Tonight at 21:00 UTC (around 05:00 tomorrow morning Shanghai time), Novelty Search is also holding a dedicated discussion on this, livestreamed on Discord and hosted by @const_reborn.

On the market, price has pulled back from around 281 today and is hovering near 260—news momentum and price don’t always move in sync; that’s pretty common. My own watch position is around 256–261; if it drops further, I’ll watch 250–254. If the daily candle closes below 246, I’ll admit this narrative didn’t play out and step aside for now. For a potential move back up, I’m watching 272 / 278 first, then 285 further out.

I’m not telling you to go all in. Just a reminder: the incentive allocation dial has finally been handed over to the subnets themselves. If you want to follow along, open the $TAO trading widget below and make your own call based on the live market.

Yesterday, Uniswap introduced another pretty technical standard: the URC-5 Token Venue Policy. This isn’t just another empty proposal—it’s already been merged into the Uniswap/URCs repository. The governance forum only officially opened discussion on 10/21, so the community discussion came after the merge.

Put simply, tokens with hooks (like INDEX, STANDARD, and FWA) will be able to use IVenuePolicy to declare which Uniswap v4 pool is the “canonical” one. Preferred means recommended; Enforced means mandatory. Routers and aggregators can follow these declarations, making it harder for “vampire pools” that siphon fees and rewards from hook pools to operate. The proposal is from The Standard Reserve (Mercek), and @0xBeans started the community discussion on gov.uniswap.org.

On Binance spot, $UNI has pulled back today from around 7.79 to the 7.22 area, down about 5% over 24 hours, with trading volume still hovering around 47 million U. I’m not chasing a bounce here: 7.15–7.25 is the range that’s been consolidating during the day, so I’ll scale in if it comes back there. If sentiment takes another leg down, 6.90–7.05 is a dense zone near the 10/18 low, where I’ll place my second order. If the daily candle closes below 6.80, that would mean the long lower wick from 10/18 has been broken too, and I’ll admit I’m wrong and exit. On the upside, I’ll first look for a reclaim of yesterday’s close at 7.45; if it holds, then I’ll watch 7.60 and 7.90.

It takes time for a standard to gain traction, but how an “official pool” should be recognized is a real pain point for projects using hooks, and it also makes trading-volume attribution cleaner. If you want to follow along, just place a limit order for $UNI below—don’t wait until it surges back to 7.5 to chase it.

A little after 7 tonight, I came across some Dogecoin news—and for once, it wasn’t a pump call: Dogecoin Labs has officially launched. In partnership with the Dogecoin Foundation and led by Jordan Jefferson, founder of MyDoge and DogeOS, the company brings together three pieces: the MyDoge wallet, the DogeOS application layer, and merchant payments through Such App.

I think it’s worth taking a closer look. In the past, Dogecoin’s ups and downs were mostly driven by sentiment and Elon Musk, and there were precious few usable products. Now the roadmap is clear: developers build apps on DogeOS, MyDoge’s 500,000+ users can access them right in their wallets, and merchants can create invoices and accept QR-code payments with Such App. But DogeOS is still only on a public testnet that launched on 9/30, and quite a few apps are still marked “coming soon,” so don’t expect things to move too fast.

On the chart, $DOGE is hovering around 0.0820, up roughly 3.6% over 24 hours. Last night’s 8 p.m. four-hour candle climbed from 0.079 to 0.082, then price moved sideways between 0.0812 and 0.0823 for almost a day. The news landed right around then.

My plan: start buying a little on a pullback to 0.0808–0.0814; if it drops further to 0.0785–0.0795, add more. If the daily candle closes below 0.0760, I’ll admit I’m wrong and exit. First upside target is 0.0853, then 0.0880 and 0.092 if it breaks through.

Good news can trigger a quick spike and reversal the same night, so don’t go all in. If you want to follow along, check the live chart in the $DOGE trading widget below—is this the moment Dogecoin can shed its “just a meme” label?

Just came across something: Nasdaq-listed Evernorth (ticker: XRPN) describes itself on its official account as “the largest publicly traded XRP treasury company.” On 10/19, it also filed an SEC Form 424B3, registering up to approximately 11,499,992 shares of Class A common stock, tied to public warrants with an exercise price of $11.50. Doing the math, if all the warrants are exercised for cash, the company could theoretically receive about $132 million. But a prospectus isn’t approval to buy crypto, and the money won’t come in unless the warrants are actually exercised for cash—don’t mistake “could raise funds” for “has already added to its holdings.”

As for the market, $XRP is hovering around 1.357, up about 4.8% over 24 hours, with trading volume topping $100 million. It’s climbed steadily from today’s low of 1.290. I’d watch 1.335–1.345 as a pullback zone, with 1.300–1.320 as a deeper one. If the daily close falls below 1.275, I’d abandon the rebound thesis for now. On the upside, I’d watch 1.37 first; if it holds above that, then 1.40 / 1.45.

The official account also lit up Seoul’s N Seoul Tower with its branding on 10/20, so the buzz is still there. But the price has already bounced quite a bit from its lows. If you want to follow along, check the chart yourself using the $XRP trading widget below—don’t chase a short-term spike.

A little after 4 a.m., SpaceX posted its third-quarter results, and I woke right up when I saw the revenue: $14.6 billion, up 161% year over year. One item in the official highlights was pretty impressive: for the first time, Starship made a profitable commercial launch, sending up 26 third-generation Starlink satellites in one go. The company says the added downlink capacity is about 10 times what it had before. Starlink’s individual subscribers have also reached 13.6 million.

Even more explosive was what Musk posted at 6 a.m.: “As crazy as it sounds, reaching $1 trillion in revenue by 2028 is no longer impossible.” Back in June, he was saying 2030—now that’s two years earlier, and the post has more than 20,000 likes.

The market reaction was immediate. On Binance, $SPCXB had been hovering around 146–148 ahead of the results. The 4 a.m. one-hour candle saw nearly $9 million in volume and pushed it to 154. At 6 a.m. it surged again to 160.39; it’s now around 159.5, up 7.6% in 24 hours, with trading volume putting it in Binance Spot’s top 20.

But stay level-headed: this is a tokenized stock. The real test is the U.S. market open tonight at 21:30. We’ll know within the first hour whether the overnight sentiment-driven price can hold up against the actual stock. I’m not chasing it at 160.

My plan: start buying in at 154.5–156.5, the upper half of the high-volume bullish candle from 4 a.m.; if it drops further, I’ll wait for 148–150, the pre-earnings range. If the daily candle closes below 146, I’ll admit I’m wrong. On the upside, I’m watching 164 first, where it moved sideways in mid-October, then the 169–172 area, near the early-October highs.

If you’re watching for tonight’s open, tap $SPCXB to see the live chart. Do you think it’ll open high and then sell off, or head straight for 170?

At 8:30 p.m., ether.fi’s official account published a long post explaining why it’s launching its own stablecoin: more than $300 million in stablecoins on the platform has been sitting idle, and going forward, cards, vaults, lending, trading, and transfers will all use a single native dollar. The key line: Powered by Ethena Whitelabel. Ethena will manage everything end to end—reserves, minting, redemptions, and compliance—with ether.fi only choosing the reserve mix. Ethena’s official account promptly reposted it.

What matters to me isn’t that there’s yet another stablecoin, but that major clients are starting to back the whitelabel model. Research account Glasscade’s figures today: about $74 million in partner stablecoins held in whitelabel custody. Based on a synthetic dollar supply of over $7.5 billion and fees being switched on, the baseline whitelabel scenario could generate about $16 million a year in buybacks. It’s still an “if,” but the path from revenue to buybacks is much clearer now.

The market reacted. Volume picked up after 9 p.m.; the 10 p.m. hourly candle reached 0.2028. Up about 8.5% over 24 hours, with $26 million in trading volume, ranking 12th among spot assets. I’m not chasing a big green candle. I’d scale in on a pullback to 0.193–0.197 (the top of the range from the past two days), and add more at 0.185–0.188 if it drops further. If the daily candle closes below 0.180, I’ll admit I’m wrong. First, I’m watching 0.208 above, then 0.215 and 0.224.

If you want to follow this whitelabel narrative, tap the trading widget below, $ENA , to check the chart. Place your orders, then get some sleep.

I just came across a post from the official House of Stake account: voting on HSP-029 is now open. It proposes gradually lowering annual issuance from 2.5% to 1.6% over 24 months, while keeping the staking and treasury split at 90/10. The proposal model estimates that roughly 11.8 million fewer tokens would be issued over two years, and around 66.1 million fewer over six. The forum at gov.near.org shows the status as “Voting,” and you can also visit houseofstake.org/proposals/29. For someone like me who keeps an eye on supply, voting being open today is more useful than just talking about cutting issuance.

Spot price just plunged to around 4.64, down about 6.3% over 24 hours, with trading volume above 100 million U. The intraday high briefly touched 5.043. I’d be willing to buy in batches if it pulls back to 4.64–4.72, and add more if it dips further to 4.50–4.60. If the daily candle closes below 4.45, I’ll admit I was wrong and step aside for now. Above that, I’m first watching for a move back to 4.85, then 5.00 and 5.14.

If you want to follow the supply narrative, check the chart in the trading widget below $NEAR —don’t just wait for the vote result before making a move.

I just came across this on TokenPost: Arbitrum is positioning Global Dollar (USDG) as the ecosystem’s main stablecoin, with the temperature check closing on October 22. The proposal’s core idea: add another 100 million $ARB to DRIP, raising the budget from roughly 65 million to about 165 million, and dedicate Seasons 2–4 to USDG. Most AEP fees would be converted to USDG and sent to the treasury. The Foundation has already voiced its support. This comes on top of the official account’s Stablecoin Growth Program announced on 10/15: the first 10 teams to reach 10 million USDG in TVL each get 200,000 ARB, from a 2 million ARB prize pool. To me, incentives, the treasury, and compliant dollars are all tied together here, and the voting window is just around the corner.

Spot is hovering around 0.191, down about 4.5% over 24 hours, with roughly 24 million U in trading volume. It hit 0.2041 this morning before dropping back to 0.1904. I’d be willing to buy in gradually on a pullback to 0.188–0.192, and add another tranche if it falls further to 0.175–0.180. If the daily candle closes below 0.174, I’ll admit I was wrong and step aside for now. On the upside, I’m watching for a move back to 0.197, then 0.204 and 0.215.

If you want to follow along, open the trading widget below at $ARB and check the chart yourself—don’t just wait around for the vote results.

I watched last night’s official announcement twice—the @Enter_Elysium team made the date crystal clear: Elysium mainnet launches on November 9. This isn’t just another empty promise of an L2; it’s the first general-purpose, high-performance L2 built for the Hyperliquid ecosystem, settling back to HyperEVM and using $HYPE for gas (bridged over at a 1:1 ratio). Alchemy and Quicknode have both confirmed they’ll provide RPC access from day one. To me, the narrative has taken another step beyond “perpetuals territory” toward “applications need room to grow, too.” The real upside this time is gas being tied to the native token.

Spot has been hovering around 78.6, down about 1.8% over 24 hours, with roughly 24 million U in trading volume. Yesterday’s high touched 80.43, and the October 18 wick plunged to 76.15 before bouncing back. I’d be willing to scale in around 77.5–78.3, then add another tranche if it drops further to 76.0–76.5. If the daily candle closes below 75.5, I’ll admit I’m wrong and exit for now. On the upside, I’m watching for a move back to 80.4, followed by the previous highs at 82.5 and 86.7.

If you want to follow along, open the $HYPE trading widget below and check the chart for yourself—don’t just echo the trending hashtags.

Last night, Owocki tweeted himself: the Gitcoin relaunch narrative suddenly caught fire, but he was pouring cold water on it—is this surge of attention actually “earned”? Could fundamentals still be lagging, with sentiment getting ahead of itself? Add the official announcement a few days ago that the relaunch would be called Techne, with a target launch in December, plus the lingering buzz from Upbit opening KRW and USDT markets in mid-October, and the price shot up overnight from around 0.28 to 0.376. It has now pulled back to 0.333, still up around ten percent in 24 hours, with trading volume ranking twentieth among non-stablecoin tokens on Binance Spot.

One reminder: according to the governance proposal, Techne will be a separate nonprofit initiative. GTC holders have no economic rights in Techne; the token remains for Gitcoin governance. My plan: buy on a pullback to 0.318–0.328; if it drops further, watch 0.277–0.290 (near last night’s low, where it recovered); if the daily candle closes below 0.270, I’ll consider this structure broken. First, watch 0.360 overhead; if it holds, the next test is the 0.376 high, then 0.400. The narrative is hot, but the founder is urging caution—don’t treat the “relaunch” as an immediate bullish catalyst.

Do you think real demand is coming back, or is sentiment getting ahead of itself? Tap $GTC to see the live chart, and share your limit order levels in the comments.

Tomorrow is a big day for $ZEC —the development team is set to decide on the NU7 mainnet activation height. The testnet switched to 25-second block times on October 6 (down from 75 seconds), and November 5 is the target date. Whether it goes live on schedule all comes down to tomorrow’s decision.

Yesterday, the official @Zcash account also shared an update on its post-quantum plans: one-time viewing keys and unlinkable private swaps, summed up with the slogan “Private now, private in the future.” The upgrade window and privacy narrative are lining up, but the market action looks a little mixed.

At 3 a.m. this morning, the hourly candle spiked straight to 1049.01. During the day, it climbed all the way to 1191.76, and now it’s pulled back to around 1126. Binance spot 24-hour trading volume is still near the top of the rankings, and nobody can call this low volatility.

My plan: start with a small entry around 1110–1135; if it drops back to this morning’s low, I’ll wait for 1049–1075. If the daily close falls below 1040, I’m out—the structure is broken, and I won’t hold on. For a rebound, I’m watching 1170 first; if it holds above that, then today’s high of 1192, with 1280 as the next level beyond that. Decision days can bring fake-outs, so don’t go all in at once.

Are you betting on an activation height tomorrow, or a delay? Tap $ZEC to check the live market, and tell us in the comments where you’ve set your orders.

That morning wick nearly shook me out of my position—$SUI . Around 3 a.m., it followed the broader market down from around 0.96 to 0.937, then bounced back within two hours. Now it’s back above $1, currently around 1.006, with roughly 360 million U in 24-hour trading volume, ranking among the top ten spot assets.

Why I’m watching it now: this isn’t just a technical bounce. DATA Network / Trace just announced it’s joining the Sui ecosystem. The Sui Foundation has made a strategic investment of around $30 million, becoming its largest holder. Trace registers over 3 million receipts a day for data with clear rights—addressing the critical need for AI training data provenance. Also, Hashi (Bitcoin-collateralized finance) is set to launch on mainnet in stages this month. The alliance has pledged over $500 million in funding, with more than 20 top-tier partners including Anchorage. Bitcoin stays on the main chain, while hBTC is minted on Sui for use as collateral. The narrative is “AI data layer + Bitcoin finance on the verge of launch,” but the price is still hovering around $1. The information gap is still there.

For now, I’m watching these levels: 0.980–0.995 as a potential pullback entry zone, with a deeper zone around the overnight low at 0.940–0.960. If it decisively breaks below 0.920 on the daily chart, I’ll admit I’m wrong and exit. Above, I’d look for another test of 1.04–1.05; if it holds, then I’d eye 1.08 and the previous highs around 1.13.

Do you think Hashi’s launch could spark a rally on liquidity expectations first? Open the $SUI trading card below and take a look at the chart for yourself.

What’s happened with Pump.fun over the past few days would’ve been enough to spark a big rally in a bull market: on the evening of October 16, the app integrated Hyperliquid perpetuals, with up to 40x leverage on BTC and 25x on ETH. Then at 1:54 a.m. today, the official account dropped a “return to… animals?” A few hours later, it had more than 1,200 replies, and the whole meme scene was speculating that animal-themed coins might be back.

But what about $PUMP ? It’s been drifting down ever since October 4, from 0.0068 to around 0.0042—a drawdown of nearly 40%. Even after the perpetuals announcement, it only popped to 0.00475 before getting pushed back down.

What I’m more focused on is the wick from early this morning. Starting at 3:15, the whole market sold off together, with BTC dipping to 80684. PUMP plunged 7% in half an hour, from 0.00412 to 0.00383. But before dawn, it climbed back up in a series of small green candles, reclaiming 0.00416 shortly after 7. The entire wick was bought back. When good news fails to lift the price, yet a panic-driven wick fails to break lower, I’m more inclined to read that as selling pressure running out than as someone still dumping at any cost.

So here’s my plan: place my first bids at 0.00400–0.00412, the range where it traded sideways before the early-morning sell-off. If it drops further, I’ll watch 0.00375–0.00385, where both last night’s wick low and the September 24 low sit. If the daily candle closes below 0.00340—the mid-September bottom—I’ll admit I’m wrong. On the upside, I’m watching 0.00455–0.00475 first, then 0.0050 if it breaks through.

Put simply, I’m betting that “animal season” and perpetuals fees can get Pump’s revenue curve rising again. Keep your position size modest. If you want to follow along, check $PUMP for the live chart. Do you think the official account’s animal-themed hint can kick off a rally this time?