➖ Mt. Gox creditors will have to wait longer after the trustee pushed the repayment deadline to 2027, with $2.8 billion worth of Bitcoin still undistributed because many creditors have yet to complete the required procedures.
➖ France’s parliament approved a vote to impose a 31% capital gains tax on stablecoin trading, sparking concerns about new regulations in Europe.
➖ Bitcoin fell to $81,400 amid a plunge in Asian chip stocks, while options traders rushed to seek downside protection in anticipation of further volatility.
➖ Nasdaq-listed Bitcoin treasury company Strive bought $335 million worth of Bitcoin after investors poured in $369 million, and is now planning a $630 million preferred stock offering.
$NEAR fell 6.0% in 24 hours to $4.67, with selling pressure erasing the session’s early gains.
Blockchain News noted that the price was below the 7-day SMA of $4.96, the 20-day SMA of $5.02, and the 12-period EMA of $4.97. All three are acting as resistance.
24-hour volume reached $701 million, while the 7-day decline was 8.4%. The moving-average area is a level to watch.
➖ The spot Bitcoin ETF market lost nearly $1 billion over two consecutive weeks, with a further $228.6 million in net outflows following $681.1 million the previous week, pushing October into the red.
➖ Sam Altman’s World project is bringing Proof-of-Human identity verification to the banking sector in partnership with Bain Capital and VanEck, aiming to curb potential $40 billion losses from AI fraud.
➖ France is tightening its regulatory grip by advancing a draft stablecoin tax and targeting new rules for self-custodial wallets and an exit tax.
➖ Zcash developer Zakura has submitted an emergency proposal to patch a quantum computing vulnerability that could threaten the privacy of shielded swaps in the future.
$SUI rose 3.3% to $1.005 in 24 hours and remains down 9.9% for the week. Robinhood’s Learn campaign offering $5 in SUI has drawn attention.
Mysten Labs appointed Kevin Boon as CEO. The USDsui buyback has purchased 900,000 SUI since June 22.
24-hour volume was $545 million, the volume-to-market-cap ratio was 13%, and the market ranking was 28th. Daily momentum remains at odds with the weekly trend.
➖ The Cysic crypto bridge was forced to suspend operations after an incident involving the unauthorized minting of 10 million CYS tokens.
➖ Crypto Super PAC Defend American Jobs poured an additional approximately $7 million into unseating Ohio Democratic politician Sherrod Brown, bringing its total spending to over $46 million.
➖ Nine crypto companies formed a quantum alliance to test cryptographic resilience standards following a potential vulnerability that threatens 6 million Bitcoin.
➖ Bets on chip stocks lost $52 million in just 10 minutes as Wall Street markets closed.
$PUMP down 4.1% to $0.00431112 in 24 hours and 20.7% in 7 days. Pump.fun has now activated perpetuals.
Hyperliquid-powered perps cover crypto and RWAs, including the S&P 500 and oil, with leverage of up to 50x. The feature has not yet been officially announced.
24-hour volume is $116 million, with a volume-to-market-cap ratio of 6%. The market’s response to the new feature should be monitored.
$SUI rose 6.5% to $1,049 in 24 hours, though it is still down 1.9% for the week. Sentiment was supported by KuCoin highlighting Sui's prospects.
KuCoin sees Sui as a fast Layer 1, with potential stemming from its relatively small valuation and growing adoption.
24-hour volume was $633 million, the volume-to-market-cap ratio was 15%, and its market capitalization ranked 28th. The weekly correction is being monitored.
$ZRO rose 21.4% to $2.21 after holding above $2, driven by renewed interest in derivatives as the altcoin market strengthened.
Open Interest rose 31% to $275 million, while derivatives volume surged 63% to $336 million. A long/short ratio above 1 indicates that long positions are dominant.
24-hour volume was $178 million; post-rally profit-taking remains a short-term risk.
$AERO up 11.4% to $0.94257 in 24 hours, extending its 7-day gain to 17.7% as Bitcoin climbed back above $80,000.
The Crypto Basic included Aerodrome in its October 16 analysis of support, resistance, and technical signals.
24-hour volume was $96 million, equivalent to 10% of its market cap. It ranked 81st by market capitalization; momentum needs to be tested at technical levels.