Live Feed

BCH has risen by 7.66% in the past five minutes on the COINNESS market. Currently, BCH is trading at $297.05.

The average investor in U.S. spot BTC ETFs has moved back into profit for the first time since January as Bitcoin rose above an estimated average cost basis of $81,722, according to Unfolded. With BTC recently trading above that level, the average investor’s unrealized profit and loss has also turned positive.

More than half of the Bitcoin and Ethereum perpetual futures volume on Kalshi, a derivatives exchange regulated by the U.S. CFTC, appears to have come from repetitive trades by an automated algorithm targeting fixed dollar amounts, CoinDesk reported. CoinDesk said identical $5,499 Ethereum futures trades recently accounted for 57% of volume, or $7.7 million. In Bitcoin futures, paired trades worth $2,500 and $5,000 in a one-to-two ratio made up 54% of total volume. CoinDesk said the pattern matches a typical high-frequency trading algorithm that automatically adjusts contract counts based on price moves to fill fixed dollar-value clips. The ratio of Ethereum futures volume to open interest reached 61 times, pointing to severe overheating.

BCH has risen by 3.60% in the past five minutes on the COINNESS market. Currently, BCH is trading at $284.62.

CME Group, the world’s largest derivatives exchange, plans to launch Bitcoin Cash (BCH) and Uniswap (UNI) futures on Oct. 19. The new listings are expected to provide institutional investors with a regulated hedging tool, supporting broader integration of the altcoins into mainstream finance and improving confidence in the digital asset market. Analysts said the short-term price impact may be limited amid competition from spot ETFs and other assets, but added the contracts could improve market liquidity by boosting trading volumes and open interest.

Kalshi, the largest regulated prediction market platform in the United States, has formally asked the U.S. CFTC to allow margin trading and loan-funded trades on its platform, CNBC reported. If approved, Kalshi users would be able to use borrowed funds to take leveraged positions, a move expected to significantly expand liquidity and trading volumes in the prediction market. Kalshi has rapidly broadened its reach after winning a court battle with the U.S. CFTC over derivatives tied to the U.S. presidential election.

BCH has risen by 3.63% in the past five minutes on the COINNESS market. Currently, BCH is trading at $279.64.

UNI has risen by 3.60% in the past five minutes on the COINNESS market. Currently, UNI is trading at $9.08.

Reap, a fintech company under Kraken parent Payward, plans to expand the use of non-dollar stablecoins such as the Mexican peso, South Korean won and Japanese yen to build a 24-hour foreign exchange settlement network. Reap, a global payments partner of Visa, aims to move beyond the stablecoin market's current 99% dollar dominance and offer cross-border remittance and treasury settlement services using local-currency tokens outside bank operating hours. The company’s plan is to sharply reduce cross-border remittance fees, which can reach as high as 7%, as well as settlement delays. Reap holds VPIM licenses in Hong Kong and Mexico, making a peso-denominated token the first practical addition. Reap did not specify a launch schedule or preliminary issuers, but added it is also considering Hong Kong dollar, euro, won and yen stablecoins to support round-the-clock on-chain FX trading.

SoFi Bank has begun using its in-house stablecoin, SoFiUSD, to settle Mastercard debit and credit card transactions, The Block reported. SoFiUSD is redeemable one-to-one for the U.S. dollar, with reserve assets made up mostly of cash, and currently supports the Ethereum and Solana networks.

A $3.2 million BTC butterfly spread designed to profit if Bitcoin reaches around $95,000 by Oct. 30 was traded today, according to Crypto Briefing. The butterfly spread is typically used when traders have no strong directional view and expect volatility to decline. The position delivers maximum profit at $95,000, while losses are capped at the $3.2 million premium paid if the price moves significantly away from that target. Crypto Briefing said BTC $95,000 call options expiring on Oct. 30 traded more than 22,000 contracts over the past 24 hours, with notional volume of about $1.9 billion. Call option volume and open interest also increased in the $85,000-$100,000 range.

South Korean exchange Bithumb announced it will temporarily suspend ATOM deposits and withdrawals at 12:10 p.m. UTC today due to an issue on the Cosmos (ATOM) network.

South Korean exchange Upbit announced a temporary suspension of ATOM deposits and withdrawals due to a network issue on Cosmos.

A new whale address withdrew 14,373 ZEC from Binance in three transactions today at an average price of $1,510, BlockBeats reported. The withdrawals were worth about $21.7 million. Six linked addresses, including the new wallet, now hold a combined 28,286 ZEC worth $42.56 million. Exchange outflows are typically interpreted as a sign of holding intent.

Binance has bought a $100 million stake in USDC issuer Circle through a private placement and entered into a five-year partnership, according to a U.S. SEC filing. Circle issued 1.24 million shares of Class A common stock to Binance at $80.84 per share. Binance cannot sell the shares for up to two years, but it will retain voting rights and receive monthly incentive fees from Circle based on the amount of USDC held in Binance wallets.

South Korean exchange Bithumb announced it will temporarily suspend deposits and withdrawals for G at 1:30 a.m. UTC on Sept. 23 as Gravity undergoes a network transition.

DeFi protocol Beefy Finance has launched a concentrated liquidity manager, or CLM, on the Ethereum mainnet. Initial support covers four Uniswap V3 liquidity pools: WBTC/USDC, WBTC/WETH, WETH/USDT and USDC/WETH. The CLM automatically manages liquidity provision price ranges without requiring users to sell tokens, rebalances positions every six hours, and compounds trading fees daily.

The European Central Bank and EU central banks have expressed opposition to a key provision in the Markets in Crypto-Assets framework, or MiCA, that would require major stablecoin issuers to hold 60% of reserves as bank deposits. The ECB warned the rule could channel volatile stablecoin funds into the banking sector, raising the risk of outflows from highly liquid deposits and instability in the banking system. It instead recommended requiring issuers to hold a mandated share of highly liquid ultra-short-term assets maturing within one to five days.

Luno, a cryptocurrency exchange backed by Digital Currency Group, said on X it has acquired GTXN Global to strengthen its cross-border payments business. GTXN operates licensed payout and collection infrastructure, and Luno plans to combine that infrastructure with its own regulatory licenses and liquidity network to support more efficient fund transfers for corporate clients between developed and emerging markets.

World Liberty Financial, the crypto project co-founded by the Trump family, has generated substantial business revenue, but many of the partnerships and business plans it previously announced have yet to materialize, Bloomberg reported. Bloomberg said WLFI bought tokens tied to multiple projects, including AAVE, ENA, ONDO, LINK and MOVE, to build what it described as a strategic token reserve. After WLFI’s purchases were confirmed on-chain, those token prices generally rose 10% to 26% within a day, but later gave back much of those gains amid broader weakness in the crypto market. Bloomberg added that previously announced initiatives, including an AAVE-based lending service, the use of Ethena’s ENA stablecoin as collateral, and the introduction of Ondo’s tokenized Treasuries and stocks, have still not been implemented as planned. WLFI later transferred or disposed of most of the LINK, AAVE, ENA and MOVE included in the reserve, with some moved to accounts at centralized exchanges, although it has not been confirmed whether the tokens sent to exchanges were actually sold. Bloomberg also said criticism has emerged over potential conflicts of interest as WLFI’s business ties with the crypto industry intersect with related policies under the Trump administration.

Around 1.6 billion XRP flowed from whale addresses into Binance over the past 30 days, the highest level since March, according to CryptoQuant contributor Arab Chain. Arab Chain said Binance’s XRP holdings stood at about 2.63063 billion XRP, up just 0.22% from the quarterly benchmark and 0.34% from a week earlier. The limited increase in exchange reserves despite large inflows suggests active fund transfers and position adjustments may be taking place, Arab Chain said, while adding that exchange deposit and withdrawal data alone make it difficult to determine whether actual buying or selling occurred.

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The top panel shows the volume heatmap, while the bottom panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for a longer period or moves sharply. Brighter zones may act as support or resistance levels. - The cumulative volume delta indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color moves higher. The yellow line reflects orders between $100 and $1,000, while the brown line is based on large orders between $1 million and $10 million.

Web3 investor Animoca Brands has ended reverse merger talks with Singapore-based Currenc Group (CURR) for a Nasdaq listing, CoinDesk reported. The two companies had been discussing a merger since late last year, and Animoca Brands was originally set to own 95% of the merged entity once the deal closed. The companies decided to halt negotiations after concluding the expected timeline to complete the transaction did not align with their respective goals. Co-founder Yat Siu said Animoca Brands would continue exploring the best option for an initial public offering.

Decentralized futures exchange Hyperliquid bought back and burned an additional 39,980 HYPE, worth about $3.76 million, over the past 24 hours. The volume-weighted average purchase price for the latest buyback was $94.18. According to Onchain Lens, Hyperliquid’s cumulative token burn has reached 48.84 million HYPE, equal to 4.88% of the maximum total supply and worth about $4.64 billion at current prices. The platform allocates 100% of its fee revenue to token burns, and its cumulative revenue has now exceeded $1.27 billion.

21Shares has launched physically backed ETPs in Europe tied to Zcash (ZEC) and ether.fi (ETHFI), The Block reported. The products are listed on Euronext Amsterdam and Euronext Paris, allowing investors to gain direct exposure to ZEC and ETHFI through existing brokerage accounts. Both ETPs are operated by holding the underlying cryptocurrencies directly, with a 2.5% fee for each product.