Ether breaks support before the Fed decision
Ether has broken below support ahead of the Fed decision. A reclaim of roughly $2,500 could turn the breakdown into a bear trap, but traders remain split on direction.
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- Shiller
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Ether has broken below support ahead of the Fed decision. A reclaim of roughly $2,500 could turn the breakdown into a bear trap, but traders remain split on direction.
US Ethereum ETFs lost $88.6 million on October 26, taking net outflows to about $629 million over 11 trading days. BlackRock's ETHA lost $104.7 million that day, partly offset by $16.1 million into Fidelity's FETH.
Zcash co-founder Sean Bowe proposed redirecting Community Grants’ 8% block subsidy to the Network Sustainability Mechanism, keeping those coins out of immediate circulation. The draft would leave the grants treasury untouched, which Bowe puts at roughly $125 million after commitments.
Fidelity’s Bitcoin ETF took in $24.54 million in the latest flow update. Nine other Bitcoin ETFs reported zero net flows.
A security incident at analytics vendor Amplitude affected a small subset of Coinbase customer contact data. Coinbase says it found no unauthorized access to its systems, funds were unaffected, and it is notifying customers and regulators.
NEAR remains bearish after rejecting resistance at $4.60–$4.65 and returning to its range lows. That resistance remains the level to reclaim before the recovery can resume.
Bitcoin’s hashrate reached a seven-month high, with a recent estimate putting it at 1.1 ZH/s. Miners are committing capital even as some operators shift capacity to AI infrastructure.
Bithumb detected unauthorized access and a personal data leak in its internal mobile groupware on October 27; customer data exposure remains under investigation. The exchange says the system is separate from its trading platform, preventing access to customer assets.
Robinhood's Q3 crypto revenue reached $120 million, up 20% from Q2 but down 55% year over year. Robinhood Chain contributed $26 million; excluding that contribution, crypto revenue fell 6% sequentially.
Galaxy says Bitcoin’s bear market may have ended in June after BTC reclaimed its 50-week moving average. A weekly close below roughly $76,540 without a quick recovery would undermine that call.
Injective launched SICI, a perpetual futures market tracking rental prices for five Nvidia GPUs. Traders can use USDC margin to take positions with up to 10x leverage.
IBM, Oracle, Intel and IonQ opted out of OKX-ICE's stock token plans, bringing issuer objections to 26. Written objections under the SEC exemption keep those companies' tokens off the venue.
About 98% of votes favor moving AKT from Cosmos to Solana, with voting due to close November 2. If approved, holders would get a one-way migration portal open for two years.
Bitcoin holds above its 50-week moving average near $75,700, with traders watching for another test. A weekly close above the 100-week average around $89,400 could strengthen the recovery.
Sport.fun users report sell fees of 20% to 60% and manual reputation adjustments that restrict exits. Complaints include long-term holders and a user reportedly trading less than $100.
Minotaur Man's Memento Mori open edition on Transient Curated has less than 24 hours left to mint at 0.01 ETH. The 48-hour mint opened October 26.
BlackRock signed an MOU with SBI Holdings and Startale to explore connecting tokenized money market funds with JPYSC, their yen-backed stablecoin. The agreement sets up joint work on onchain finance in Japan.
Bitcoin is trying to close above its 50-day moving average near $80,700 after slipping below it. Traders warn that losing $79,000 and failing to reclaim it could bring a retest of $77,000–$78,000.
Whale 0xdeA6 bought and deposited another 4,000 ETH into Aave, bringing its collateral to 22,504 ETH against $31 million in stablecoin debt. It sent the latest $6 million USDT loan to Binance to buy more ETH.
Moody's assigned RLUSD A2 long-term and P-1 short-term deposit ratings. The agency cited reserve coverage, liquidity and redemption arrangements, with reserves held mostly in US Treasuries and cash.
Zcash traded at $1,314, with a separate update putting its daily gain at 8%. Its daily 9/21 moving-average cross has turned bullish, but holding above roughly $1,273 over the next few days remains the test.
Robinhood expanded its team and pledged more support for Robinhood Chain builders on its Q3 earnings call. The chain's daily fees fell from about $8 million in early September to roughly $36,100 over the latest 24 hours.
Kraken parent Payward plans to deploy perpetual futures markets for US clients on Hyperliquid, subject to regulatory approval. The permissioned setup lets the deployer control which traders can access its markets.
The OCC granted final approval for Ripple National Trust Bank, completing the process begun with conditional approval last December. The bank will manage RLUSD reserves and offer enterprise crypto custody once it opens.
The Mutual Fun had 54 seats left unminted roughly two hours before its mint deadline, with unclaimed supply set to move to the team treasury. Users reported around 900 seats enrolled in funds and early TMF rewards.