Из жизни альткоинов

Citibank is officially joining the crypto custody race, announcing plans to launch a regulated digital asset storage platform in 2026 after more than three years of development.

The action marks one of Wall Street’s clearest commitments yet to integrating blockchain infrastructure into mainstream finance, as institutional appetite for secure crypto exposure continues to surge.

Citibank’s Institutional Crypto Custody Vision

According to Biswarup Chatterjee, Citibank’s global head of partnerships and innovation, the bank has been quietly building a hybrid crypto custody system designed to serve institutional investors, asset managers, and hedge funds.

The service will enable clients to securely store native cryptocurrencies like Bitcoin and Ethereum, combining Citi’s in-house security framework with third-party blockchain infrastructure for flexibility and scale.

Chatterjee told CNBC that the project is entering its final stages, stating: “We’re hoping that in the next few quarters, we can come to market with a credible custody solution that meets institutional standards.”

The model echoes a growing industry trend where traditional banks develop their own blockchain tools while partnering with specialized fintech providers to handle on-chain operations and custody logistics.

Stablecoins, Regulation, and Citi’s Blockchain Ambitions

Citibank’s entry comes as the U.S. regulatory climate for digital assets improves under the GENIUS Act, a landmark framework clarifying the treatment of stablecoins and tokenized assets.

This shift has reignited Wall Street’s crypto ambitions, with Citi, JPMorgan, and other global banks exploring blockchain-based payment and settlement systems.

Citi’s CEO Jane Fraser has already confirmed that the bank is testing a Citi-branded stablecoin and tokenized deposit service to support 24/7 settlements for corporate clients.

The bank’s blockchain operations currently enable cross-border transfers between New York, London, and Hong Kong using distributed ledger technology, laying the groundwork for seamless integration between custody, payments, and tokenized assets.

A Broader Institutional Pivot Toward Digital Assets

Citi’s upcoming crypto custody launch mirrors a wider institutional trend as traditional finance moves into the blockchain era. Other global banks like BNY Mellon, Deutsche Bank, and Standard Chartered have rolled out similar offerings, positioning custody as the backbone of institutional crypto adoption.

With $2.57 trillion in assets under custody, Citi’s scale gives it an advantage in bridging traditional finance and decentralized infrastructure.

Analysts say that if executed effectively, the 2026 rollout could make Citi one of the most influential players in institutional crypto, offering clients both security and regulatory assurance in a rapidly evolving digital economy.

Cover image from ChatGPT, BTCUSD chart from Tradingview

According to Department of Information and Communications Technology (DICT) Sec. Henry Aguda, the government is taking concrete steps to test whether blockchain can make the Philippine national budget more open and traceable.

He told the Malacañang Press Corps that a working prototype will be shown to senators and representatives to prove the idea can work. The move comes as lawmakers push a bill that would put budget documents and transaction records on a distributed ledger for public verification.

DICT Moves To Build Prototype

Aguda said the country has “a lot of experts on blockchain,” and that one of his tasks is to provide a minimum viable product so lawmakers can see a live demo before any full rollout.

He also mentioned that the DICT has been experimenting with stablecoin systems to trace peso transactions in banks. Reports say he will ask President Ferdinand Marcos Jr. to certify the related bill as urgent, signaling that the executive branch may press for faster action.

Senate Bill 1330, titled the “Philippine National Budget Blockchain Act,” would require the executive branch, Congress, and local governments to upload and publish their budget transactions on a blockchain.

If enacted, citizens would be able to follow allocations, bids, disbursements, and contracts on a publicly visible chain. The bill also aims to borrow features from the Full Disclosure Bill so people can compare contracts and expense reports.

On Transparency & Security

At a Senate hearing on SB1330, the Committee on Science and Technology discussed how blockchain might help expose delays or anomalies in spending. Sen. Bam Aquino told the panel that placing records on a public ledger could make budget processes “transparent, honest, and secure.”

Advocates say the visible chain would let ordinary citizens track where funds move and spot mismatches faster than current systems allow.

Legal Expert Casts Doubt On Blockchain Budget Push

Not everyone is sold on the idea. Florin Hilbay, former Solicitor General and now dean at Silliman University College of Law, asked plainly:

“Do we really need to put the budget on a blockchain?”

He warned that what starts as a promise of openness could turn into a centralized database held on a few servers run by contractors.

Hilbay also pointed to cost concerns, saying the plan allocates PhP500 million ($8.6 million) as an initial expense, and he argued that smart contracts and validator nodes add complexity and new technical risks.

Aguda said the DICT will not tap public funds for the prototype and that private groups have already offered help.

Featured image from N90, chart from TradingView

Bitcoin is once again facing critical conditions, with the price retesting the range lows near $110,000 following a volatile and uncertain weekend. After Friday’s massive crash, which wiped out billions in leveraged positions, bulls are struggling to regain control and establish a stable recovery. The broader market remains cautious, as traders weigh whether the current level can hold or if another wave of selling could push prices lower.

Despite the pressure, some analysts see potential signs of resilience if Bitcoin can maintain support in this zone. According to top analyst Maartunn, recent on-chain activity reveals an important shift in market behavior. Over the last 24 hours, Short-Term Holders (STHs) have sent 46,524 BTC to exchanges, signaling active repositioning after the latest downturn.

Such behavior often marks a short-term reset, allowing the market to absorb profit-taking and capitulation simultaneously. As Bitcoin hovers around key support, holding this range could determine whether the market is preparing for stabilization or another leg down.

Bitcoin Enters New Phase As Market Seeks Direction

According to Maartunn, the latest on-chain data reveals a critical rebalancing phase among Short-Term Holders (STHs) following the recent market crash. In the past 24 hours, these investors sent 46,524 BTC to exchanges, marking one of the largest movements in recent weeks. Of that total, 32,279 BTC were sent in profit, while 14,245 BTC were moved at a loss. This pattern reflects a market dynamic in which some investors are locking in gains after the latest recovery attempt, while others are cutting losses to reduce exposure amid uncertainty.

Maartunn notes that such activity is typical in the aftermath of sharp corrections. It often signals the process of cleansing excess leverage and emotional trading — an essential step toward restoring equilibrium in the market. This type of rebalancing phase usually precedes the formation of a short-term or mid-term bottom, as selling pressure from both profit-takers and panic sellers gets absorbed by stronger hands.

The coming days will be decisive in determining whether Bitcoin can stabilize near the $110,000–$112,000 range and build the foundation for a recovery. If the price holds, it could indicate that the market has found a sustainable floor, paving the way for renewed accumulation and confidence among investors. However, a breakdown below this zone could reignite fear and lead to another round of liquidations.

Bitcoin Tests Key Support as Momentum Weakens

Bitcoin is currently trading near $110,800, testing a crucial support zone after failing to hold above the $115,000–$116,000 resistance range. The 12-hour chart shows that BTC continues to struggle with downward pressure following last week’s crash, as market sentiment remains fragile and volatility persists.

The rejection from the $117,500 level — a major supply zone that has capped rallies since early September — triggered renewed selling, pushing the price back below the 50-day (blue) and 100-day (green) moving averages. This breakdown highlights weakening short-term momentum, with the 200-day MA (red) now positioned near $111,000, acting as the last significant line of defense for bulls.

If Bitcoin closes decisively below this level, it could signal a deeper correction toward $107,000–$108,000, an area of previous accumulation. On the other hand, maintaining support here could set the stage for a rebound attempt toward $114,000–$115,000, where the next resistance cluster sits.

The chart reflects a neutral-to-bearish structure, with bulls needing a strong push to reclaim lost ground. The coming sessions will be crucial, as sustained weakness below moving averages could extend the consolidation phase — while a bounce from current levels might confirm short-term stabilization before any broader recovery.

Featured image from ChatGPT, chart from TradingView.com

The crypto market suffered a devastating $19 billion wipeout as XRP and Bitcoin (BTC) were caught in a brutal sell-off that shocked traders worldwide. Within minutes, XRP wiped out over 50% of its value, dropping down to $0.77 before partially rebounding, marking one of its steepest intraday losses in history. While early reports blamed political tensions following US President Donald Trump’s sudden tariff on Chinese imports, data now suggests that the crash was amplified by a major glitch in Binance’s internal pricing system, and other contributing technical factors. 

Catalysts Behind The XRP Price Crash And Crypto And Bitcoin Meltdown

Between October 10 and 11, XRP experienced a violent flash crash on Binance, plunging over 54% in a single 30-minute candle. In less than 24 hours, over a million traders were also liquidated. This unprecedented drop came during what analysts are now calling “the worst crypto liquidation event in crypto history,” with nearly $19.3 billion in open positions wiped out in a single day.

At first, much of the blame was directed at Trump’s announcement of 100% tariffs on Chinese tech imports, which triggered a wave of panic across global risk assets. However, the XRP and broader market collapse went far beyond normal macro-driven volatility. On-chain analysts traced the sequence to a $60 million spot market dump on Binance, which set off an internal pricing malfunction. Binance’s oracle system, which marks collateral values such as wBETH, BNSOL, and USDe, momentarily failed, possibly leading to forced liquidations across XRP and other major crypto assets. 

This oracle mispricing allegedly turned a $60 million order into a $19 billion loss. XRP, being one of Binance’s most heavily leveraged assets, absorbed a significant amount of the impact as margin calls liquidated thousands of positions within minutes. A whale had reportedly opened $1 billion in short positions just before the Trump tariff announcement, adding more suspicion and fuel to the collapse. Binance later confirmed abnormal pricing and paid $283 million in restitution, but the damage to XRP and the broader market was already done. 

A Deeper Dive Into The Market-Wide Crash

Analysts say that the root cause of the $19 billion crypto market crash was Binance’s “Unified Account” system, which priced collateral using internal data instead of decentralized oracles. Between October 6 and 14, Binance was transitioning to oracle-based pricing, creating an exploitable 8-day gap. During that period, coordinated actors reportedly dumped $60 million to $90 million in USDe exclusively on Binance, driving its price to $0.65 while it stayed near $1 on other exchanges.

This artificial depeg within Binance’s system triggered widespread panic, as attackers were said to hold $1.1 billion in Bitcoin and Ethereum shorts on decentralized exchanges, profiting about $192 million as prices plunged. Analysts noted that Ethena’s USDe remained fully collateralized on all other exchanges, proving that the issue allegedly stemmed from Binance’s infrastructure, not the stablecoin. 

The combination of technical flaws, alleged manipulation, and tariff-driven fear transformed a contained exploit into a market-wide catastrophe. Despite the chaos, analysts remain cautiously optimistic about XRP’s recovery, predicting a strong rally to new ATHs soon.

At TOKEN2049 Singapore, Capriole Investments founder Charles Edwards set aside his well-known Bitcoin bullishness to deliver an unambiguous warning: a quantum “Q-Day” could arrive far sooner than most of the industry expects, with potentially existential consequences if Bitcoin’s core cryptography is not upgraded in time. “Within two to eight years, a quantum machine will break Bitcoin’s current encryption,” he told the audience, urging developers, companies and holders to treat the issue as urgent engineering, not distant theory.

Edwards framed Q-Day as the moment a sufficiently powerful quantum computer can break widely-used classical cryptography such as RSA—and, by extension, the elliptic-curve cryptography (ECC) underpinning Bitcoin’s public-private key model. “Q-day is the day in which a quantum machine will break classic encryption,” he said, adding that once that threshold is crossed, anything protected by those primitives—from financial networks to “sensitive data” and “of course Bitcoin”—is at risk. He asserted that Bitcoin’s ECC would likely fall sooner than RSA when the industry approaches that breakpoint.

Quantum Computing Could Break Bitcoin Within 8 Years

Pushing back on the common refrain that practical quantum attacks are decades away, Edwards argued the timeline has materially compressed, citing both rapid technical progress and a collective incentive among states and large firms to accelerate. “Even quantum years away. If you ask ChatGPT or Grok, it’ll tell you 10, 20, 30 years away. It’s rubbish,” he said. He pointed to quantum computer access already available via major cloud providers—AWS, Google and Azure—and its use cases in “drug discovery, defense, [and] optimizing bond yields,” presenting these as markers of real-world traction rather than laboratory demos.

Edwards anchored his 2–8 year forecast to a convergence of views he described as independent and sober. He referenced security specialist Jameson Lopp as assigning “50% risk in four to nine years,” a “math PhD doctor specializing in quantum” at “2 to six years for Bitcoin,” and McKinsey’s estimate for RSA-level Q-Day in “2 to 10 years,” reiterating his belief that “Bitcoin breaks years earlier than that.”

He also drew attention to a 2017 “Bitcoin quantum paper” that, in his reading, suggests “you only need 2,300 qubits—logical qubits—to break Bitcoin’s ECC,” noting its authorship by researchers affiliated with Microsoft, IonQ and Meta. While those numbers and affiliations were presented as evidence, his central message was less about any single study and more about the overall direction of travel: a multilateral “quantum arms race” that he said has already attracted “$55 billion” in commitments, with China “spending double the US.”

In Edwards’ telling, technological trendlines are compounding that investment wave. He described qubit growth as “basically a straight line in a log chart,” claiming it is “progressing faster than Moore’s law,” and likened today’s skepticism to the disbelief many held about AI adoption in 2021—right before chatbots went mainstream.

“Imagine 2021 and thinking about AI… You thought it was years away. So ChatGPT happened. I think we’re in a similar moment with quantum. It’s ignored today, but it’s coming.” He also highlighted a perceived shift in sentiment from Nvidia’s Jensen Huang, saying that after downplaying quantum timelines early in the year, Huang later called quantum at “an inflection point” and has been “spending billions buying quantum companies.” For Edwards, the takeaway is simple: “As always, follow the money.”

The operational risks Edwards outlined for Bitcoin were concrete and immediate. If adversaries can derive private keys from public keys exposed on-chain, coins sitting at addresses that have previously revealed public keys become vulnerable to theft. That set includes long-dormant “lost” coins and, potentially, some portion of Satoshi-era holdings.

“Satoshi’s coins will probably be market dumped,” he said starkly, not because their owner would necessarily act, but because the associated keys could be computed and the UTXOs swept once Q-Day arrives.

He contrasted dormant addresses with actively maintained wallets, arguing that modern key management and timely migration would reduce exposure: “We want to keep active wallets… it’s good to maintain security upgrades and relevancy of the tech through time.” He referenced Michael Saylor’s recent remark about doing “something ethically proper and burn[ing] his coins,” using it to underscore an inversion in perceived safety: “Actually burnt—the lost coins—the highest risk because no one has maintained that infrastructure.”

Beyond the cryptographic break itself, Edwards emphasized the logistical constraints of any industry-wide upgrade. Bitcoin can only process so many transactions per day, meaning a migration to quantum-safe addresses cannot be done overnight. “We have long lead times to upgrade Bitcoin,” he said.

“For Bitcoin itself it takes at least a month if you ignore all other transactions on the network to simply move everyone across to new wallets… so we’re looking at at least basically 6 to 12 months to fix this.” On that basis, he argued work on a concrete migration path cannot wait: “We need to be solving this really next year—2026—in order to get a solution before 2027.”

Edwards pointed to ongoing technical efforts as a starting point rather than a finished plan. “There’s solutions to protect crypto… There’s a few BIPs for example like this one… by Jameson Lopp. So there are solutions. We can solve this but there is an urgency to it.”

Quantum will break Bitcoin and Satoshi’s coins will market dump.

We must act in 2026.

Watch this video to understand why.https://t.co/46Cqlv5RSH

— Charles Edwards (@caprioleio) October 13, 2025

He called on developers to evaluate proposals for quantum-resistant schemes and on the broader community to “get talking to [the] community, your social media, get involved in the Bitcoin improvement proposals. Review them, give feedback, just get talking.” The subtext was that governance friction—social consensus, client implementation, wallet support, exchange coordination—becomes the gating factor once a candidate scheme is chosen, and that delay is itself a security risk if adversaries are on a clock of their own.

At press time, Bitcoin traded at $111,161.

Altcoins continue to face heavy pressure across the board after the historic crash that shook the crypto market on Friday. The sudden sell-off triggered the largest liquidation event in crypto history, wiping out billions in leveraged positions within minutes. Even established blue chips such as Chainlink (LINK) and Avalanche (AVAX) saw their prices plunge more than 60% before partially recovering over the weekend.

While prices have since stabilized at slightly higher levels, investor confidence remains fragile. The market is still reeling from the shock, and traders are cautious as volatility persists. According to top analyst Darkfost, the current market structure reflects deep disinterest and capitulation. He shared data showing that only 10% of altcoins listed on Binance are trading above their 200-day moving average — meaning that 90% of the altcoin market is below its long-term trend.

This extreme reading highlights the magnitude of the sell-off and the lack of strong recovery momentum so far. Historically, such setups often precede accumulation phases, as smart money begins to position for the next cycle. However, with sentiment still fragile, the coming days will determine whether this is a true bottoming zone or simply a pause before another leg down.

Market Exhaustion Could Signal the Next Rebound

Darkfost explains that the current state of the altcoin market has historically marked moments of capitulation and opportunity. Throughout this cycle, similar configurations have occurred three times, each followed by a notable short-term rebound across major altcoins. These periods of extreme selling exhaustion often represent points where downside momentum fades, and patient investors begin accumulating high-quality assets at deep discounts.

Darkfost emphasizes that these setups rarely last long. Once market sentiment stabilizes and traders recognize the excessive fear priced into altcoins, capital tends to flow back quickly, driving strong relief rallies. However, he warns that this is not a time for indiscriminate buying. The key, he says, lies in focusing on projects that have maintained liquidity, developer activity, and on-chain usage even amid the broader downturn. These factors often separate long-term survivors from speculative tokens that will struggle to recover.

For investors who missed previous market cycles, this type of configuration could present one of the most favorable risk-reward setups in months. Yet timing remains crucial. As Darkfost notes, once the market realizes it has overcorrected, re-entry opportunities disappear quickly, often replaced by aggressive upward moves that reward those who acted decisively during peak fear.

Altcoins Face Critical Support Test

The total crypto market cap excluding the top 10 assets — a key indicator of broader altcoin performance — is currently hovering around $263 billion, reflecting a 2.3% decline over the week. This chart paints a clear picture of stress across the altcoin sector following last week’s market-wide crash, with prices retracing sharply from the $285 billion area after being rejected near multi-month resistance.

Technically, the market cap remains above the 200-week moving average (red line), which has acted as a reliable support level throughout previous cycles. However, the recent volatility and long downside wick highlight strong selling pressure, suggesting that many investors have been forced to de-risk amid uncertainty. The 50-week MA (blue) and 100-week MA (green) are currently flattening, signaling the potential for a prolonged consolidation phase before any sustainable recovery begins.

Historically, this structure — a deep correction into major moving averages — often precedes accumulation phases that mark macro bottoms. As long as the $250 billion level holds, the broader altcoin market could stabilize and gradually rebuild momentum. A weekly close below this support, however, would likely trigger another wave of liquidations, potentially retesting the $200 billion region — a level associated with previous cycle lows.

Featured image from ChatGPT, chart from TradingView.com

The biggest crypto market crash of the year sent shockwaves through the industry over the weekend, wiping out more than $19 billion in liquidations and pushing Bitcoin as low as $101,000. Now, as the market attempts to recover, famous economist and longtime Bitcoin critic Peter Schiff has reopened conversations on the sustainability of Bitcoin’s rebound.

According to him, the ongoing price recovery is nothing more than a “dead cat bounce,” and his comments come at a time when Gold and Silver prices are reaching new all-time highs.

Peter Schiff Says Gold Is Winning The Battle Against Bitcoin

In a series of posts on X, Schiff contrasted the performance of Bitcoin with that of Gold and Silver, highlighting how the metals have held their value even through market turbulence. He noted that while Bitcoin was merely reclaiming part of its losses from Friday’s crash, gold was trading above $4,050 without any previous loss to recover.

Silver, he added, was also close to a record high at just under $51. Schiff described gold’s performance as proof that it remains a more reliable store of value. At the same time, he noted that the crypto market’s recent bounce does not represent genuine strength but a short-term recovery due to traders trying to capitalize on volatility.

He further observed that as of Monday morning, Gold had surpassed $4,080 while Silver broke $51.60, both achieving new highs. Bitcoin, in contrast, “managed a dead cat bounce,” he said, adding that it remains down about 25% when priced in gold since its August peak. 

The economist concluded by declaring that the Bitcoin blockchain letter has run out of chain, meaning that the cryptocurrency’s momentum has reached its end. However, many Bitcoin proponents would argue otherwise, considering the leading cryptocurrency only just broke above $126,000 for the first time eight days ago.

The Flash Crash Wasn’t A Buying Opportunity But A Warning

Schiff doubled down on his bearish view in another post, warning that investors should not view Bitcoin’s latest dip as a buying opportunity. He referred to the dramatic price drop on Friday as a warning rather than a signal to accumulate more BTC. 

He also took aim at the political dimension of BTC’s price movements, alluding to the influence of US President Donald Trump’s statements on social media. The recent crypto market crash was mostly a reaction to sudden US tariff announcements on China. 

The rebound can also be attributed to later posts by Trump about these tariffs and global trade tensions with China. However, Peter Schiff warned that the next time Bitcoin crashes, Trump may not be able to save it with a social media post.

In another post, the economist continued his criticism by saying that gold and silver are experiencing what he called a melt-up, while Bitcoin and Ethereum continue to melt down. “Crypto buyers are in for a rude awakening,” Schiff said.

At the time of writing, Gold is trading at $4,120, having reached a new all-time high of $4,179 in the past 24 hours. Silver is trading at $52, having also reached a new all-time high of $53.51 in the past 24 hours. Bitcoin, on the other hand, is trading around $112,050, up from its weekend low of $101,000 but down about 11% from its October 6 high of $126,080.

The race for crypto ETFs, especially the Solana Spot Exchange-Traded Funds (ETFs), remains a significant and crucial discussion among crypto enthusiasts in the sector. While many analysts believe that approval of the funds could spark a new wave of bullish action in the market, the products continue to face several regulatory roadblocks.

Crypto And Solana ETFs Face Regulatory Freeze

As the crypto market awaits approval of the Solana and crypto Spot ETFs, the funds have experienced yet another roadblock, which is likely to impact their approval process. Specifically, this new setback on one of the most closely watched developments in the digital asset space was triggered by the ongoing United States government shutdown.

According to the report from SolanaFloor on the social media platform X, the US government shutdown has effectively halted the SEC’s progress on reviewing Solana and other spot crypto ETF applications. With federal operations slowing down, the US SEC’s capacity to process and accept new applications has been disrupted. 

SolanaFloor highlighted that the US SEC has currently paused its review of the S-1 filings, which is vital in the approval process of the funds. Such a development will ultimately delay crucial decisions regarding the Solana and other impending crypto spot ETFs, including Dogecoin and XRP. 

Sharing an update on the filings, Greg Xethalis, the General Counsel (GC) at Multicoin Capital, stated that the funds still require registration under the 1933 and 1934 Acts, even if 19b-4 approvals were managed under the Generic Listing Standards (GLS). Xethalis highlighted in his latest post on X that the 19b4 is not the only process, but the one that was used to block these products by previous commissioners.

In the meantime, issuers such as Bitwise Invest and Grayscale have pulled back the delayed amendments. This move implies that the delayed amendments might technically take effect after 20 days.

However, listings also need exchange clearance and Form 8-A filings. When the government reopens or exchanges proceed on their own, a number of SOL and Litecoin ETPs will be prepared for launch, but this does not guarantee that the funds will be approved.

SOL At The Top Of ETF Expectations

Given the notable success of the Bitcoin and Ethereum spot ETFs, large asset management firms are heavily exploring other major crypto assets. While the US government is set to reopen in the next week, more than 90 crypto ETFs are currently awaiting approval from the US SEC. 

Data from Erving shows that Solana and XRP are at the top of the list for the next spot ETFs. This demonstrates their position as a leader in the sector and underscores the heightened conviction of retail and institutional investors toward the tokens. When these tokens secure an approval for a spot ETF, it is likely to shape the next phase of institutional adoption in the crypto markets.

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A new Dogecoin price analysis by crypto analyst Javon Marks shows that Dogecoin is still moving upward. The coin continues to make higher lows, which means each dip in price is not falling as low as before. This pattern is often a strong sign that an uptrend is still in place. Marks explains that even though Dogecoin has seen some pullbacks, the overall trend remains positive. If this pattern continues, Dogecoin could see a significant move upward and triple in price from current levels. 

Javon Marks Highlights Dogecoin Price Strong Uptrend

In his new analysis, Javon Marks says the Dogecoin price is still showing strong technical signs of growth. The Dogecoin price has been forming a series of higher lows on the chart, meaning buyers are still supporting the coin at stronger price levels each time. This kind of movement shows that the market is not losing interest and that the uptrend is still healthy.

Now, the price pattern looks stronger and more stable. According to the analysis, the Dogecoin price has broken out of a long-term trendline that once acted as strong resistance. The chart shows the coin has now moved beyond a point that previously limited its climb.

Even with some short-term pullbacks, Marks believes the Dogecoin market structure supports more upward momentum. He says the current setup is similar to the early stages of a larger move that can take Dogecoin much higher. Traders who have been following Dogecoin for a long time are starting to notice this pattern again. 

Marks adds that Dogecoin’s chart appears to be building strength slowly. Each higher low helps build pressure for the next possible breakout. As long as this trend continues, Dogecoin’s path stays bullish.

Why A 200% Price Move Remains On The Table

Javon Marks believes Dogecoin could still see a 200% rise from its current price. His chart shows a main target near $0.6533, and possibly even higher, around $1.25, if the coin keeps moving in this pattern. Marks says these goals remain possible as long as Dogecoin keeps holding its higher-low levels.

The uptrend, which has been forming for a while, is the key reason why such a big move is still realistic. As long as prices do not fall below critical support zones, the bullish structure stays in place. Based on this, Marks says the Dogecoin price could continue rising in the coming months if buyers remain active.

The analyst is seeing this as a positive sign that Dogecoin’s next big run may still be ahead. The current price action shows stability, and the trend is still pointing upward. As long as the higher lows keep forming and support stays strong, the chance for a 200% price jump remains open.

Institutional investors bought more Bitcoin, Ethereum, and XRP last week, with crypto funds recording another week of net inflows. This provides a bullish outlook for these crypto assets, especially as they look to bounce from last week’s crash.

Institutional Investors Accumulate Bitcoin, Ethereum, and XRP

CoinShares’ report revealed that Bitcoin, Ethereum, and XRP saw net inflows of $2.67 billion, $338 million, and $61.6 million, respectively. This came as crypto funds recorded $3.17 billion in inflows last week, bringing their year-to-date (YTD) inflows to $48.7 billion. Specifically, BTC, ETH, and XRP now have YTD inflows of $30.2 billion, $13.9 billion, and $1.8 billion, respectively. 

Meanwhile, the increased inflows into Bitcoin and Ethereum over XRP last week mark a turnaround, as these institutions at some point accumulated more XRP than the top two cryptos by market cap. This was the case two weeks ago when XRP saw a net inflow of $93.1 million while BTC and ETH recorded outflows of $719 million and $409.4 million, respectively. 

The net inflows into Bitcoin, Ethereum, and XRP last week came despite the crypto market crash triggered by Donald Trump’s announcement of 100% tariffs on China. CoinShares revealed that there was little reaction to the development, as crypto funds saw about $159 million in outflows on Friday when Trump announced it. 

CoinShares also noted that, despite the hype around upcoming XRP ETF launches, inflows into XRP funds have slowed, as institutional investors pay more attention to Bitcoin and Ethereum. Notably, BTC and ETH have seen more inflows since the U.S. government shutdown began. Institutional investors are believed to be moving into Bitcoin, especially as a safety net amid macro uncertainty, a trade which has been described as the ‘debasement trade.’ 

The increased inflows into the Bitcoin funds were one of the factors that contributed to a rally to a new all-time high (ATH) above $126,000 earlier this month. However, BTC has since lost all these gains thanks to the tariff announcement last week. 

BTC and ETH Start This Week With Outflows

SoSoValue data shows that the Bitcoin and Ethereum ETFs have started this week with outflows, possibly stemming from last week’s tariff announcement. The BTC ETFs recorded $326.52 million in daily net outflows on October 13. BlackRock was the only fund issuer that recorded inflows on the day, taking in $60.36 million. 

Meanwhile, the ETH ETFs recorded daily net outflows of $428.52 million. BlackRock’s ETH fund recorded the largest outflows, with $310.13 million flowing out of the fund. Other funds also recorded outflows or zero flows. If the trend sustains, it could present a setback for these crypto assets as they look to bounce from last week’s market crash.

The US Department of Justice (DOJ) has announced its largest cryptocurrency seizure to date, confiscating approximately $15 billion worth of Bitcoin (BTC) from cryptocurrency wallets linked to a man overseeing a large-scale “pig butchering” fraud operation based in Cambodia. 

This significant operation was detailed in an indictment unsealed in federal court in Brooklyn, New York, on Tuesday, charging the alleged fraudster, Chen Zhi, also known as “Vincent.”

Prince Group’s Alleged Fraud Schemes

Chen Zhi is the founder and chairman of the Prince Holding Group, a multinational conglomerate based in Cambodia. Prosecutors allege that under his leadership, the group evolved “in secret” into one of Asia’s most extensive transnational criminal organizations. 

US Attorney Joseph Nocella characterized Zhi’s efforts as directing “one of the largest investment fraud schemes in history,” contributing to what the Attorney calls as an “illicit industry” that has reached “epidemic levels.”

According to Nocella, “Prince Group’s investment scams have caused billions of dollars in losses and untold misery to victims around the world, including here in New York, on the backs of individuals who have been trafficked and forced to work against their will.” 

Hundreds Trafficked For Bitcoin Fraud 

The US Attorney’s Office revealed that individuals held in these compounds were coerced into participating in cryptocurrency investment fraud schemes, commonly referred to as “pig butchering” scams. 

The funds transferred by victims were stolen and laundered to benefit the fraudsters. The perpetrators allegedly cultivated relationships with their victims over time, earning their trust before taking their money. Prosecutors highlighted that “hundreds of individuals” were trafficked and compelled to work in these scam operations.

Furthermore, Zhi and a network of senior executives within the Prince Group are accused of leveraging political connections across multiple countries to safeguard their criminal activities. They allegedly paid bribes to public officials, effectively evading law enforcement scrutiny.

When writing, Bitcoin trades at $112,340, resuming its downtrend after a brief recovery above $115,000 on Monday. As of now, Bitcoin trades nearly 11% from all-time high levels. 

Featured image from DALL-E, chart from TradingView.com

Quick Facts: 1️⃣ Citigroup is getting set to launch its very own crypto custody service next year. 2️⃣ The Web3 initiative comes after more TradFi institutions turn to DeFi following recent crypto-friendly US regulations. 3️⃣ Given that Citigroup serves over 200M customer accounts, it could significantly boost crypto adoption, possibly making now a good time to check out top presales.

Banking titan Citigroup is preparing to launch its crypto custody service next year.

After about three years of development, Citigroup clients will soon be able to directly hold and manage crypto through the bank’s digital asset platform platform.

Given that Citigroup serves over 200M customer accounts across 160+ countries, this is fantastic news for crypto adoption.

It’s bound to bring in a new wave of mainstream investors, making now an opportune time to explore the best crypto presales to watch.

TradFi Joins DeFi as US Regulations Turn Pro-Crypto

Citigroup’s crypto initiative comes on the heels of a much more friendly crypto climate in the US.

It follows the passage of new regulations, such as the GENIUS Act and CLARITY Act. They each provide clearer rules for stablecoins, exchange operations, and digital asset classification.

By encouraging institutional participation while ensuring customer compliance and protection, they set the stage for banks like Citigroup to confidently enter the crypto market without hurdles.

In turn, Citi isn’t the only TradFi firm noticing DeFi’s perks. JPMorgan, for instance, plans to enable clients to trade $BTC among other cryptos in the future.

In other news, Mastercard is reportedly vying against Coinbase to acquire the stablecoin company BNBK, for a head-turning $1.5B–$2.5B.

All of this bodes well for crypto, particularly presales like Snorter Token ($SNORT), Pudgy Pandas ($PANDA), and Best Wallet Token ($BEST).

The reason is not only their innovation but also their prices, which are at their current lowest post-exchange listings.

1. Snorter Token ($SNORT) – Nearly Raises $5M Before Presale Ends & Bot Launches

Snorter Token ($SNORT) is making waves early on, as evidenced by its nearly $5M raise before its presale ends next week on October 20, 2025.

It’s gaining significant traction as the launchpad for Snorter Bot, a Telegram trading bot set to launch on Solana this quarter.

It’ll leverage Solana’s ultra-fast speeds (the chain can facilitate 97.94% more transactions per second than Ethereum) and promises fees at just 0.85%.

Nevertheless, after its Solana debut, it’ll expand to multi-chain support across Ethereum and other EVM-compliant chains. This way, you’re not limited to investing in the best Solana meme coins.

Regardless of your go-to network, the bot will be extremely helpful in sniping new tokens immediately, copying top trading wallets to boost your gains, and trading directly within the #4 messaging app worldwide (Telegram).

Buying $SNORT also opens additional perks, spanning lower trading fees, exclusive premium bot tools, and 108% APY staking rewards.

$SNORT is available on presale for just $0.1079. However, our Snorter Token price prediction foresees it breaking $0.94 this year, making now a great time to join with a 771% discount.

Invest in $SNORT now for a possible 771% ROI.

2. Pudgy Pandas ($PANDA) – Turns Token Profits Into Real-World Panda Conservation Efforts

Despite looking like yet another animal-inspired meme coin at first glance, there’s much more to Pudgy Pandas ($PANDA) than initially meets the eye.

$PANDA is a crypto conservation movement that strives to help protect and repopulate the global panda population. And such an initiative is increasingly important. As of September data, only around 1.9K pandas exist in the wild worldwide.

The Pudgy Panda project aims to help Pandas by locking 10% of its total token supply into panda charities, plus burning tokens every time a new cub is born.

Reducing the overall token supply of $PANDA creates a deflationary effect, making the token scarcer and potentially more valuable over time.

Already, $PANDA has raised over $5.4K on presale. One coin currently costs just $0.06055, highlighting that it’s attracting the attention of bear lovers early on.

Want to know more? Read the Pudgy Panda whitepaper.

3. Best Wallet Token ($BEST) – Cheap Gas Fees & 80% APY Staking Rewards in Crypto Wallet

Best Wallet Token ($BEST) has rapidly raised over $ 16.5M in presales, serving as the foundation of the Best Wallet app.

Simply put, Best Wallet is a mobile-first non-custodial crypto wallet that makes Web3 access easier for everyday users. It achieves this through various features, including cross-chain token swaps, portfolio tracking, and direct dApp integration.

It’s a great way to expand your crypto portfolio hassle-free, thanks to its support of 1K+ digital assets, soon across 60 blockchains.

And the network support isn’t all it has up its sleeve. Best Wallet has much more to look forward to, including the debut of its own crypto debit card (Best Card), an NFT gallery, and market intelligence analytics.

And it’ll achieve all this without exposing you to unnecessary risks. As a non-custodial wallet with two-factor authentication (2FA) and advanced encryption protocols, it makes it tricky for anyone but you to access your digital riches.

You can also boost your Best Wallet experience by purchasing $BEST on presale. It’s currently available for just $0.025785 and is anticipated to reach $0.72 this year (check out our Best Wallet Token price prediction for more information).

$BEST holders are granted several benefits, including governance rights, lower transaction fees, exclusive access to top presales, and staking rewards currently at an 80% APY.

Buy $BEST for less than a cent, reap the perks.

Disclaimer: This isn’t investment advice. Crypto can be highly volatile, so always do your own research and don’t invest more than you can afford to lose. 

Authored by Leah Waters, Bitcoinist – https://bitcoinist.com/best-presales-amid-citigroup-crypto-custody

Выпускаемый компанией Circle стейблкоин USDC может стать крупнейшим по капитализации среди стейблкоинов, а его предложение за два года может утроиться, предположили аналитики брокерской компании Bernstein.

RippleX has put a sharp point on its “institutional DeFi” roadmap by inviting the security community to actively break the XRP Ledger’s forthcoming lending stack—before it ships. In a coordinated program with Immunefi, the company unveiled a $200,000 “Attackathon” aimed at hardening the proposed XRPL Lending Protocol, a ledger-native system for fixed-term, uncollateralized credit governed by the emerging XLS-66 standard.

“We are collaborating with @immunefi to prepare a $200K Attackathon to test and strengthen the proposed XRP Ledger Lending Protocol,” RippleX wrote on X on October 13, adding that the competition focuses on “more than 35K lines of C++ code” and is paired with an educational track to onboard researchers to XRPL specifics.

Immunefi posted via X: “We’ve partnered with RippleX to launch a $200,000 Attackathon helping secure the proposed XRPL Lending Protocol. This is a time-boxed, adversarial competition to identify vulnerabilities before the protocol reaches production.”

Ripple Invites Hackers to Test the XRP Ledger

The Attackathon is preceded by an “XRPL Attackathon Academy” that Immunefi says provides ledger-specific walkthroughs, Devnet guides, test environments and a C++ curriculum, plus direct access to Ripple engineers during the education window.

The program’s core pool totals $200,000, with flat distribution rules and performance bonuses. The most consequential result is binary: if even one valid critical vulnerability is found, the full pool unlocks; if not, a $30,000 fallback is split among researchers who nonetheless submit valid insights.

Immunefi’s public brief also names the primary, in-scope components targeted by researchers, including XLS-66 (Lending Protocol), XLS-65 (Single-Asset Vaults), XLS-33 (Multi-Purpose Tokens), XLS-70 (Credentials), XLS-77 (Deepfreeze), and XLS-80 (Permissioned Domains)—a window into how Ripple envisions lending, liquidity, identity/permissions, and asset controls interlocking at the base layer.

Immunefi’s launch blog lists the education period as October 13–27 and the Attackathon as October 27–November 29, 2025. The Academy page further specifies rewards paid in RLUSD, Ripple’s dollar-pegged stablecoin, and confirms that Immunefi will triage reports and require KYC.

Ripple has been telegraphing this architecture throughout September, positioning XLS-65 and XLS-66 as the nucleus of an institutional credit market built into the ledger, rather than stitched on via external smart contracts. The company’s own technical brief describes pooled lending, on-chain enforcement and underwritten, off-chain credit evaluation, while adjacent standards—Permissioned Domains, Deepfreeze and Credentials—are designed to map compliance, recoverability and identity controls to ledger-native primitives.

The security-first rollout reflects a broader industry shift toward pre-production “offense testing” on non-EVM codebases and at-protocol designs, where conventional smart-contract bug classes don’t always apply. Immunefi’s brief makes clear what matters most for the XRPL stack: anything that compromises fund security or vault solvency, misrepresents interest accrual or debt, subverts clawback/freeze semantics, manipulates administrative records, or bypasses permissioned access controls.

Those priorities map directly to the design’s claim to avoid wrapped assets and third-party contracts, meaning the bounty effectively challenges researchers to find ledger-level logic flaws rather than Solidity-style pitfalls. “This program is a time-boxed, adversarial competition, where security researchers dive into the code to ensure the protocol has the strongest possible security posture, surfacing vulnerabilities before they reach production,” Immunefi wrote.

At press time, XRP traded at $2.46.

Глава службы нацбезопасности Польши Славомир Ценцкевич заявил, что Россия использует криптовалюту для финансирования саботажа и кибератак в Европе, и именно это привело к ужесточению законов, регулирующих цифровые активы.

Wall Street hasn’t always been friendly toward crypto. For years, big lenders treated it like a passing fad or a risky playground for retail traders. But that attitude is shifting fast. JPMorgan’s plan to let clients trade digital assets marks a turning point — a signal that the most traditional corners of finance are finally warming up to crypto. What was once dismissed as speculation is now being folded into mainstream banking strategy.

JPMorgan Chase is building services that would let its clients trade cryptocurrencies directly through the bank, senior executives told journalists this week.

According to comments made on CNBC, the bank’s global head of markets and digital assets, Scott Lucas, said trading is being developed while custody — holding crypto directly for clients — is “not on the horizon near-term.”

JPMorgan’s Public Push Into Tokens And Trading

The bank has moved quietly but clearly. It ran a pilot of a deposit token called JPMD on Coinbase’s Base blockchain in June, a step that aims to make bank deposits usable on public chains for institutional clients.

At the same time, JPMorgan has widened cooperation with Coinbase so Chase customers can link bank accounts to Coinbase wallets, a link between big banking rails and consumer crypto platforms. Those moves were mentioned by bank executives as part of an “and” approach — keeping traditional services while adding digital options.

Risk Appetite Will Shape The Rollout

Executives say risk rules and regulatory checks will shape how far the bank goes. Lucas said the firm is looking at what “the right custodians” would look like rather than taking custody itself for now.

That suggests JPMorgan would rely on third parties if and when it offers custody services, keeping its balance sheet and compliance teams at arm’s length from the security and legal complexities of holding private keys.

JPMorgan Also Considering Loans Backed By Crypto

Beyond trading, there are signs JPMorgan is exploring other services tied to crypto. Reports say the bank is weighing offering loans backed by cryptocurrency holdings — a move that could arrive as early as next year if approved internally and cleared by regulators.

That would mark a notable shift for a bank whose CEO long warned about crypto risks but has recently allowed client access to Bitcoin trading in statements to investors.

Timelines And Custody Partners

For customers and market watchers, the key questions remain: which clients will get access first, which coins will be tradable, and who will custody assets if custody is outsourced.

The bank’s statements point to a careful, staged approach — trading first, custody later — and regulators in the US will likely follow closely.

Expect more detail from JPMorgan as pilot programs like JPMD and partnerships with exchanges produce results and as the bank outlines compliance safeguards.

Featured image from Unsplash, chart from TradingView

Снижение аппетита инвесторов к риску и отток средств из спотовых биткоин-ETF не позволяют первой криптовалюте выйти из медвежьего тренда, считают опрошенные изданием The Block эксперты рынка.

Основатель Black Swan Capitalist Версан Альджарра (Versan Aljarrah) назвал главный фактор, который может заставить выпускаемую компанией Ripple криптовалюту XRP начать расти.

Cardano founder Charles Hoskinson used an October 13 livestream to sketch an expansive, two-track future for the web, arguing that accelerating AI automation will force a structural split between a bot-dominated “slop land” and an invitation-only “human internet” whose trust rails run on decentralized identity, NFTs and on-chain incentive systems. In that architecture, he said, Cardano’s stack—spanning DIDs, the Midnight data-protection network, and a planned decentralized social platform—would serve as foundational infrastructure.

Opening with a diagnosis that “the internet is dying,” Hoskinson framed the problem as a runaway rise in automated accounts and AI-generated media that he believes has already tipped major platforms away from authentic human interaction. “The majority of internet users today are bots,” he claimed, citing “credible 2025 research” that allegedly pegs the share of botlike X accounts at 45%–64%.

“Over the next five years, the slop will get so bad that there’s going to be a better than 75% chance that what you see is a bot.” His contention is that this trajectory effectively nullifies social discourse: “We are no longer interacting with humans… The probability that it’s actually Bob and not Robo Bob is going to approach zero by 2030.”

Cardano’s Role In Rebuilding The Human Internet

Hoskinson’s proposed remedy centers on cryptographic identity and attestations. He placed decentralized identifiers (DIDs) at the core, coupled with “proof-of-humanity” methods that bind a persistent identifier to a verified person without leaking private data. “What [DIDs] allow you to do is assign to a person an ID and then you can prove properties about that person,” he said, adding that humanity checks could draw on a variety of approaches—from existing “Proof of Humanity”-style mechanisms to more novel biometric signals. He even referenced experiments related to his Quantum Hosky gaming venture, suggesting “your brain actually has a unique fingerprint… and you can use your brain for proof of human.”

Once identity is anchored, the Cardano founder argued, content itself must carry provenance. He envisions authenticity NFTs attached to media artifacts, cryptographically signed by a DID that has passed a humanity test. “When you look at content you will have a marketplace for non-slop… ‘Verified made by human,’ a proof of humanity,” he said. That, in turn, would allow clients to filter feeds to human-originated material and restore high-signal social spaces.

The architectural consequence, in Hoskinson’s view, is a bifurcated web: one substrate optimized for autonomous agents and AI-to-AI commerce, and a separate, admission-controlled human layer. “We’re basically going to create an invitation-only second internet… the only place humans are allowed to go,” he said. Agents would still traverse the open web to execute tasks on a user’s behalf—shopping, research, negotiations—while the human layer preserves identity, privacy and discourse.

Blockchains, he argued, are indispensable to both halves. For the human layer, the chain becomes “the ledger for humanity… the place where the DIDs live… where the NFT[s] verifying [genuine] content are.” For the agentic layer, it provides coordination of model licensing, personalization data, and payments among swarms of bots. He described a coming marketplace of pre-parameterized, task-specific agents—“Uncle Bob’s magic hatbot” as a toy example—bought, tuned and composed much like today’s app economy, but transacted as digital goods on an “AI ledger.” “What if that marketplace lives on an AI ledger?” he asked. “This will be the next-gen browser as the interface.”

Privacy-preserving data sharing, Hoskinson said, is where Cardano’s Midnight fits. Framing it as a way to “share without sharing,” he positioned Midnight as a substrate that lets users lend the semantic value of their personal data to agents (for example, preferences that improve recommendations) while keeping raw information shielded. “That’s why we got Midnight,” he said.

Hoskinson Plans A Decentralized Social Platform

Beyond identity and provenance, the Cardano founder called for new truth-seeking primitives built into social applications: prediction markets, “veracity bonds” and what he termed an “epistemic funnel.” In his telling, users and institutions that assert facts could post economic stakes that are slashed if claims later prove false, while consumers would run claims through layered tests—automated AI checks, authenticity NFTs, reputational vouching—before conferring belief. “I think all the media has to be here,” he said, arguing that economic consequences would curb low-quality publishing. “There are lots of money to be made in building these applications that enforce epistemic hygiene.”

On the business side, he forecast an AdTech realignment as human attention slips and agents transact directly with paywalled content on a micro-licensing basis. “Humans aren’t there to watch [ads]… a whole multi-trillion-dollar industry is going to be disrupted,” he said, predicting protocols where agents “check out” articles or datasets for cents and negotiate usage and summarization rights through machine-readable contracts. He referenced emergent “402/ATA”-style access standards and “X.42”-type protocols in that context, while stressing the need for a neutral settlement layer.

Bots Bots Bots, AI Slop, and the Death of the Internet https://t.co/VBsLOOGXGQ

— Charles Hoskinson (@IOHK_Charles) October 13, 2025

While much of the AMA surveyed the broader industry, Hoskinson repeatedly returned to Cardano’s roadmap and adjacent efforts. He suggested the ecosystem would move “after we get done with Midnight and get that out by RealFi and Quantum Hosky” to “some form of decentralized social network,” integrating proof-of-humanity credentials, authenticated content, and truth-market mechanisms. He also highlighted Lace as the prospective on-ramp: “We have the perfect interface for it… Lace is a great on and off ramp because it has the money there. It’s built right into the browser… and Lace is just about to go into mobile.”

The normative thread running through the session was a rejection of price fixation and a call to re-center crypto on coordination and civilizational resilience. “If you think it’s just token go up, token go down… you’re a useless person,” he said bluntly. He portrayed the industry’s purpose as “to liberate humanity’s economic, political, and social systems,” adding that blockchains “create a shared space for a synthetic objective reality… immutable, timestamped and auditable,” that lets societies bind rights and rules to accelerating technologies.

At press time, Cardano (ADA) traded at $0.69.