Crypto_GR

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Bitcoin and Ethereum are attracting more capital while most altcoins continue to face selling pressure.

According to Wintermute’s latest market report, altcoins fell 5.69% over the past week. The firm also notes that capital is moving toward larger cryptocurrencies, leaving much of the altcoin market struggling to recover.

This creates a difficult situation for altcoin holders. If $BTC rises, many altcoins may continue moving sideways. If the wider market turns lower, they could fall even further.

France’s National Assembly has approved an amendment that would tax profits when investors exchange cryptocurrencies for certain stablecoins classified as electronic money under MiCA.

Under the proposal, converting $BTC into one of these stablecoins after its price has increased could trigger a 31.4% tax on the profit, even if the funds never reach a bank account.

The measure could take effect on January 1, 2027, if it receives final approval.

Altcoins Lose $134B in Market Cap in Just 15 Days

The altcoin market is showing signs of weakness. According to analyst Darkfost, its total market capitalization has fallen by more than $134 billion over the past 15 days.

Almost 48.4% of altcoins listed on Binance are now trading below their 200-day moving average, a key indicator of the long-term trend. At the beginning of October, this figure was below 10%.

One possible reason is that investors are taking profits quickly after the recent rally, putting additional pressure on prices.

$NEAR has bounced several times from the $4.50–$4.60 area, with the price later moving back above $5.

Personally, I’d consider buying more around $4.50–$4.30 if the price drops. The key is to see whether buyers defend this area again, as a break below it could put further pressure on the price.

Lately, I've been seeing a lot of people talking about how much money they've lost in crypto. But I think there are two important things worth remembering.

First, losing money doesn't automatically mean you've failed. Every investor makes mistakes, and losses can be valuable lessons if you understand what went wrong. What matters is whether you learn from them or keep repeating the same mistakes.

Second, many losses come from a lack of knowledge, poor risk management, and decisions driven by hype or emotions. The problem is that too many people act like experts, give advice, and make predictions without fully understanding what they're talking about. Then, when the market moves against them, they blame everything except their own decisions.

Nobody knows everything about crypto, and there's nothing wrong with being wrong. The real mistake is pretending to know it all instead of learning.

You don't need to be right all the time to become a good investor. You need to understand your mistakes, manage your risk, and keep learning.

Deutsche Bank Moves Into Crypto Custody

Deutsche Bank is preparing to launch a new service that will allow corporate and institutional clients to store their crypto assets through the bank. The launch in Germany is expected within weeks, with plans to expand into major Asian financial centers in 2027.

The service will initially support $BTC and $ETH , alongside selected stablecoins such as USDC and EURC. Deutsche Bank also plans to expand into tokenized deposits and help companies issue digital bonds using blockchain technology.

Binance bStocks Hit $1B in Just Four Months

Binance’s tokenized stock platform, bStocks, has surpassed $1 billion in assets under management just four months after launch, making it the fastest tokenized equity product to reach this milestone, according to Binance.

The platform has grown from just 5 assets to nearly 100 U.S. stocks and ETFs. Each token is backed 1:1 by the underlying security, and users can trade around the clock, even when traditional U.S. stock markets are closed.

One key detail stands out: around 62% of bStocks trading volume in July took place outside regular U.S. market hours. Since launch, the platform has also recorded over $40 billion in total trading volume.

This growth highlights the rising demand for tokenized stocks and the potential of blockchain technology to make traditional financial markets more accessible.

Solana’s New Upgrade Could Make Transactions 85x Faster

Solana is preparing to activate its Alpenglow upgrade on October 21, bringing major changes to how the network confirms transactions.

The update aims to reduce transaction finality from 12.8 seconds to just 150 milliseconds, making the process around 85 times faster.

Validators will communicate directly instead of recording their votes on the blockchain. This should reduce network workload and free up more space for user transactions.

Existing applications, transaction formats and fees are expected to remain unchanged.

$BLUR has fallen more than 35% after Blur announced it will close its website on November 12.

The marketplace's trading system will remain active on the blockchain, but users will no longer be able to trade through the usual website. Its NFT lending service, Blend, will also stop accepting new loans.

The decision comes after a major drop in NFT trading activity. Blur's monthly trading volume fell from around $1.43B at its peak in 2023 to less than $7M in March 2026.

US Reviews Binance’s $4.3B Settlement

The US Department of Justice is reviewing whether Binance has followed the terms of its $4.3 billion settlement from 2023, as authorities investigate possible violations of US sanctions against Iran.

The investigation focuses on whether Binance knowingly allowed transactions that may have breached sanctions and whether the exchange met its compliance obligations.

CZ Shares Simple Tips to Keep Your Crypto Safe

Binance founder CZ has shared some tips on how to keep your crypto safe. His main point is simple: you need to protect your funds from both hackers and losing access to them.

Here are his main tips:

• Use a separate device for crypto and avoid installing unnecessary apps.

• Keep backup copies of your recovery phrase in different safe places. If you lose your device, you should still be able to access your funds.

• Use a different email and a strong password for each exchange. Enable 2FA with a security key if possible, and avoid SMS verification.

• Set up a list of approved withdrawal addresses. Never share your API keys with untrusted services, and turn off withdrawals through API keys.

• Hardware wallets are not 100% safe. Fake devices, software problems and phishing attacks can still put your crypto at risk.

• Plan how your family could access your crypto if something happens to you, without sharing your keys too early.

The key lesson: keeping your crypto safe is not just about stopping hackers. You also need to make sure you never lose access to your funds.

Why is $AERO up more than 13% today?

$AERO has gained around 75% in the last 30 days, with the upcoming Aerodrome and Velodrome merger being one of the main catalysts behind the move.

The new platform, called Aero, is scheduled to launch on October 21. Existing $AERO tokens will convert 1:1, while VELO holders will receive around 0.044 AERO per token. Trading activity has also increased, with daily volume rising above $130M.

Crypto Hacker Stole $53M and Spent It on Pokémon Cards

A crypto hacker stole around $53.3 million from Uranium Finance in 2021 by exploiting a flaw in its smart contract. The attack left the platform without enough funds to continue operating.

Part of the stolen money was used to buy rare collectibles, including a Pokémon card set for $750,000, a Black Lotus card from Magic: The Gathering for $500,000, and an ancient Roman coin worth around $601,545.

The purchases also included 18 sealed Magic card packs worth about $1.51 million and a sealed first-edition Pokémon box for $257,500. Authorities seized some of the collectibles and around $31 million in cryptocurrency in February 2025.

In October 2026, a US jury found the hacker guilty of computer fraud and money laundering. He faces a maximum of 30 years in prison, although the final sentence will be decided by a judge.

Why is $STRK moving while most of the market is falling?

$STRK has risen more than 25% today. There hasn't been much major news behind the move, but the Starknet team said it is seriously considering becoming a Layer 1.

The main goal would be to make Starknet resistant to future quantum computers. The team is targeting 2027 for this.

Starknet is already working on technology that could protect the network from quantum computers, so becoming an L1 would be a major step for the project.

Greece is preparing a new tax framework for crypto.

A draft bill proposes a 10% tax on capital gains from crypto assets. The tax would apply to profits from selling crypto, rather than the full amount of the transaction.

The first €500 of annual crypto gains would be tax-free. Crypto-to-crypto swaps would also not create a taxable gain on their own.

The proposal is currently in public consultation and is expected to be submitted to the Greek Parliament in November.

S&P 500 hits a new all-time high

The S&P 500 has reached a new record above 7,835, pushing the total market value of its companies above $71 trillion for the first time.

The rise is mainly being led by technology and AI stocks, while investors are also expecting strong results from major US companies. Lower oil prices and lower Treasury yields have also helped improve market sentiment.

Elon Musk is a trillionaire again.

Musk's net worth reached $1 trillion on Monday as SpaceX $SPCX shares jumped more than 5%. The stock has continued moving higher and is now trading around $175.

One of the main reasons was a positive report from Morgan Stanley, which kept its $300 price target for SpaceX and said the stock could have more room to grow compared with major AI companies.

Investors are also watching the next Starship test flight, expected later this month or in early November.

SpaceX has also seen strong business growth. Its revenue nearly doubled from a year earlier, mainly helped by Starlink and its growing AI business.

Could $BTC reach $500,000 this cycle?

Matthew Sigel from VanEck believes $BTC may have already reached its bottom, while more investors are buying when prices fall.

VanEck’s long-term model sees Bitcoin reaching $3M by 2050 if it becomes widely used in global trade. Sigel also believes miners could benefit from the AI boom, as their access to electricity becomes more valuable.

Quantum computing remains a risk for Bitcoin, and Sigel believes the crypto industry needs to find a solution in the coming years.

$ZRO has risen from around $1 to above $2 in less than three weeks.

One of the main reasons is growing interest in LayerZero's cross-chain infrastructure. CEO Bryan Pellegrino recently highlighted around $10B–$15B in monthly cross-chain volume, with LayerZero handling a large share of this activity.

Another important factor is ATLAS, LayerZero's new trading infrastructure. The system is designed to create more demand for $ZRO , while part of the fees can be used to buy and burn the token.

LayerZero is also continuing its $ZRO buyback strategy, adding another potential source of demand.

The main risk is supply. More $ZRO tokens are still being unlocked, which could create selling pressure if demand does not keep growing.