☀️ Crypto Morning Brief 2026-10-25
**Market**
- BTC around $80,400–80,900, down about 1% over 24h
- ETH around $2,340–2,360, down about 2.3% over 24h
- SOL around $101, down about 2.5% over 24h
- BNB around $735, down about 1% to 2% over 24h
- XRP around $1.28, down about 3% over 24h
- Total crypto market cap around $2.7 trillion
**Major developments**
- BTC briefly fell below $80,000 on Saturday; liquidations topped $200 million in one hour and were around $837 million over 24h, mostly among long positions
- U.S. spot BTC ETFs saw net outflows of around $635 million on Thursday and around $138 million on Friday
- The FOMC meets October 27–28, a key factor to watch next week
**Policy**
- The U.S. CLARITY Act did not pass in September, and the SEC and CFTC have each proposed rules. Apex warned that businesses could move to Asia, the Middle East, or Bermuda, and said MiCA is overly strict. Saudi Arabia was named as a tokenization hub
**Trending topics**
- Macroeconomic factors, oil prices, and a pullback in tech stocks are weighing on risk assets; ETF outflows continue
- Activation of the Hoodi testnet for Ethereum’s Glamsterdam upgrade has been delayed pending security fixes
**New developments** (for information only; not a recommendation to participate)
- Mastercard x402 + USDC for agent payments on Base
- Hyperliquid Strategies’ buyback cap raised to $100 million (reportedly)
- Initia pauses its L1 and rollups following a security incident
- Hot DEX narratives: Solana cat-themed memes, and AI and DeFi on BNB/Base/Ethereum
- Grass Stage 2 claims remain open (deadline: 2027-01-22; only bandwidth contributed before June 8 is eligible). Reminder: Hyperliquid Season 2 has not been officially confirmed; 38.88% refers to future emissions
For informational purposes only; this is not investment advice. #BinacePick
**Market**
- BTC around $80,400–80,900, down about 1% over 24h
- ETH around $2,340–2,360, down about 2.3% over 24h
- SOL around $101, down about 2.5% over 24h
- BNB around $735, down about 1% to 2% over 24h
- XRP around $1.28, down about 3% over 24h
- Total crypto market cap around $2.7 trillion
**Major developments**
- BTC briefly fell below $80,000 on Saturday; liquidations topped $200 million in one hour and were around $837 million over 24h, mostly among long positions
- U.S. spot BTC ETFs saw net outflows of around $635 million on Thursday and around $138 million on Friday
- The FOMC meets October 27–28, a key factor to watch next week
**Policy**
- The U.S. CLARITY Act did not pass in September, and the SEC and CFTC have each proposed rules. Apex warned that businesses could move to Asia, the Middle East, or Bermuda, and said MiCA is overly strict. Saudi Arabia was named as a tokenization hub
**Trending topics**
- Macroeconomic factors, oil prices, and a pullback in tech stocks are weighing on risk assets; ETF outflows continue
- Activation of the Hoodi testnet for Ethereum’s Glamsterdam upgrade has been delayed pending security fixes
**New developments** (for information only; not a recommendation to participate)
- Mastercard x402 + USDC for agent payments on Base
- Hyperliquid Strategies’ buyback cap raised to $100 million (reportedly)
- Initia pauses its L1 and rollups following a security incident
- Hot DEX narratives: Solana cat-themed memes, and AI and DeFi on BNB/Base/Ethereum
- Grass Stage 2 claims remain open (deadline: 2027-01-22; only bandwidth contributed before June 8 is eligible). Reminder: Hyperliquid Season 2 has not been officially confirmed; 38.88% refers to future emissions
For informational purposes only; this is not investment advice. #BinacePick