1. Popular CEX currencies

Top 10 CEX trading volume and 24-hour price changes:

• BTC: -1.19%
• ETH: -3.32%
• BNB: -3.57%
• SOL: -2.97%
• DOGE: -2.16%
• ASTER: -10.02%
• FORM：-12.02%
• XPL: -14.38%
• PEPE: -2.83%
• TRX: -1.58%

24-hour price increase list (data source: OKX):

• SNX: +15.78%
• RDNT: +11.85%
• BAT: +10.44%
• SLP: +7.92%
• YGG: +6.93%
• Litecoin (LTC): +6.56%
• METIS: +6%
• GHST: +5.94%
• AXS: +5.39%
• OM: +5.16%

24-hour cryptocurrency stock price increase list (data source: MyStonks ):

• RGTI: +10.53%
• IONQ: +5.38%
• DFDV: +3.63%
• ALTS: +3.23%
• QUBT: +3.23%
• ORCL: +3.01%
• COST：+2.87%
• BTDR: +2.71%
• CRWV: +2.28%
• META: +2.15%

2. Top 5 popular memes on the chain (data source: GMGN ):

• 8
• SOLHolder
• ICM
• PEPECOIN
• BURGER

Headlines

A bill to end the US government shutdown failed to gain enough votes in the Senate, and voting continues

A bill proposed by the Democratic Party to end the US government shutdown failed to get enough votes to pass in the Senate, and voting is still continuing.

Citigroup: Core inflation is expected to cool down in September

Citi economists expect the core CPI to rise 0.28% in September, down from 0.35% in August. While tariffs are likely to keep commodity prices firm, slower housing inflation should moderate overall services inflation. The government shutdown could delay the release of data, but Citi said a softening labor market and cooling house prices reduce the risk of persistent inflation.

Cryptocurrency hearings expected to continue during US government shutdown: Source

Sources familiar with the matter revealed that the leadership of the U.S. Senate Banking Committee hopes to finalize a revised version of the Responsible Financial Innovation Act by the end of this month. Following the House of Representatives' passage of the Financial Transparency Act in July, the Senate Banking and Agriculture Committees developed separate bills, which will be merged later. Banking Committee Republicans released a revised version last month, while Democrats outlined a list of principles they hope the legislation will include. The Agriculture Committee's draft has not yet been released, and its completion may take even longer.

Bitcoin mining company IREN announced the completion of the pricing of $875 million convertible senior notes

According to Globenewswire, Bitcoin mining company IREN (NASDAQ: IREN) announced the pricing of $875 million of convertible senior notes with a coupon rate of 0.00% and due in 2031. The offering was conducted in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

Industry News

Data: Global listed companies increased their holdings of over 190,000 Bitcoins in the third quarter

Data shows that global listed companies increased their holdings of a total of 190,611 bitcoins in the third quarter of 2025, worth US$23.36 billion.

Strategy plans to release its third-quarter earnings report on October 30.

Bitcoin treasury company Strategy (formerly MicroStrategy) announced that it will release its third quarter 2025 financial results report after the close of U.S. financial markets on Thursday, October 30, 2025.

Project News

Bisheng Capital announced the establishment of a $100 million BNB Ecosystem Fund to support high-quality projects and infrastructure on the BNB Chain.

Bitrise Capital has officially established a $100 million BNB Ecosystem Fund, dedicated to supporting high-quality projects and infrastructure built on the BNB Chain. The fund has received a subscription letter and strategic support from Nasdaq-listed Nano Labs (NASDAQ: NA), the world's first publicly listed company to establish a BNB strategic reserve.

Binance Wallet announced that a certain token’s price was maliciously manipulated to increase points, and this behavior will not be counted towards Alpha Points.

Binance Wallet stated in a post on the X platform: "Following community reports, the token (CA: 0 x 444******************ffdfe) has been maliciously manipulated to increase points. Trading volume points for this token will not be counted towards Alpha Points. We will continue to monitor and ensure the fairness of the points system, and we reserve the right to take further action."

DeFi Development will distribute dividends in the form of warrants and seek to raise $73.5 million to support the acquisition of SOL

Nasdaq-listed company DeFi Development (DFDV) announced that it will pay a special dividend in the form of warrants to common stock holders as of October 23, 2025. Based on the shares of common stock and convertible senior notes currently issued, the company expects to distribute up to approximately 3.3 million warrants. Each warrant will give the holder the right to subscribe for one share of common stock at an exercise price of US$22.50. Assuming that shareholders exercise all warrants, the company will receive US$73.5 million in funds to be used for the acquisition of SOL and working capital.

Avantis Launches AVNT Systematic Buyback Program

Avantis announced the launch of an AVNT buyback program based on a transparent milestone mechanism. When the platform's average daily revenue reaches $200,000, 30% of the fees will be used for buybacks, with an annualized scale exceeding $22 million. When average daily revenue exceeds $500,000, the buyback ratio will increase to 50%, with an annualized buyback amount exceeding $90 million, representing approximately 11.4% of the token supply. At this point, AVNT will enter a deflationary phase, fully offsetting the Q3 airdrop. The team stated that this mechanism is designed to balance protocol growth with token value accumulation. Since the September TGE, the platform's TVL and holdings have increased sixfold.

Investment and Financing

Stablecoin payment infrastructure Rhuna completes $2 million seed round of financing, led by Aptos Labs

Stablecoin payment infrastructure Rhuna announced the completion of a $2 million seed round of financing, led by Aptos Labs, with participation from Acc Ventures, X Ventures, NewTribe Capital, Keyrock, CoinMarketCap Labs, FunFair, Lémanique, etc. Rhuna can provide a single programmable layer that supports real-time stablecoin settlement in scenarios such as wallet-native checkout and POS systems.

Decentralized AI studio Yuma launches asset management division and secures $10 million in investment from DCG

Bittensor, the development studio and accelerator for the decentralized artificial intelligence (deAI) network Bittensor, founded by Digital Currency Group's Barry Silbert, has launched Yuman Asset Management, an asset management arm providing institutional and accredited investors with convenient access to the deAI ecosystem. Yuman Asset Management has also reportedly received a $10 million anchor investment from DCG and launched two fund strategies investing in sub-network tokens.

Falcon Finance Completes $10 Million Strategic Round of Financing, Led by M2 Capital

Falcon Finance has completed a US$10 million strategic round of financing, led by UAE venture capital firm M2 Capital and participated by Cypher Capital. It is reported that Falcon will accelerate its global roadmap, focusing on expanding fiat currency channels, ecosystem partnerships and enhancing the resilience of its universal mortgage model.

Crypto compliance startup CipherOwl completes $15 million seed round of financing, led by General Catalyst and others

Crypto compliance startup CipherOwl announced the completion of a $15 million seed round of financing, led by General Catalyst and Flourish Ventures, with participation from Coinbase Ventures and Enlight Capital. The company's co-founder and CEO Leo Liang declined to disclose the valuation of this round of financing.

Regulatory trends

Bybit receives a virtual asset platform operator license from the UAE Securities and Commodities Authority

Bybit announced that it has been granted a Virtual Asset Platform Operator license by the Securities and Commodities Authority (SCA) of the United Arab Emirates. With this license, Bybit will provide regulated virtual asset trading, brokerage, custody, and fiat currency conversion services to retail and institutional clients across the UAE.

Bank of America to Provide Reserve Custody Services for Anchorage’s Payment Stablecoin

Anchorage Digital Bank, a crypto-friendly digital bank, announced that Bank of America has become the reserve custody service institution for the institution's payment stablecoin. It is reported that Anchorage Digital Bank is a crypto-native bank that currently holds a U.S. federal charter and operates under the direct supervision of the U.S. Office of the Comptroller of the Currency (OCC).

Character Voice

CZ: The market sentiment of meme coins may fluctuate rapidly, but the ecosystem will not change in one day

CZ responded to the market volatility in a post on the X platform, stating that the market decline appeared to be driven by false information (FUD) about Alpha not listing certain tokens in the future. Although this was subsequently disproven, it had already impacted the market. This demonstrates that when enough people are misled by false information, FUD can still have a devastating impact on the market. He also emphasized that he was not involved in the incident.

CZ added that market sentiment can fluctuate quickly (especially in meme coins), but the ecosystem doesn’t change in a day.

State Street: Most institutional investors expect digital asset exposure to double by 2028

The 2025 Digital Asset Outlook report released by State Street shows that more than half of the institutional investors surveyed expect their digital asset exposure to double in the next three years, and 60% of institutional investors plan to increase their digital asset allocation within a year.

The survey shows that tokenized private markets are seen as the first major wave of blockchain adoption, with private equity and fixed income being the most likely starting points. By 2030, the majority of respondents expect 10% to 24% of their total portfolio to be tokenized.

JPMorgan Chase: Solana ETF inflows may remain moderate and lower than Ethereum

Despite the high likelihood of SEC approval, JPMorgan still expects inflows into the Solana ETF to remain modest and estimates that inflows into the Solana exchange-traded fund (ETF) could reach around $1.5 billion in the first year, lower than Ethereum.