Shiba Inu price forecast: SHIB could drop further amid the crypto ETF buzz


Shiba Inu price forecast
  • Shiba Inu price is rising amid ETF speculation and whale accumulation signs.
  • Shibarium activity has, however, plunged 82%, weakening token utility and burns.
  • Key support at $0.0000095 could decide SHIB’s short-term direction.

Shiba Inu price has bounced back following a wave of renewed institutional attention sparked by crypto ETF speculation, though its long-term outlook remains mixed.

The SHIB token has climbed 3% today, outpacing the broader crypto market’s 2.03% gain, as traders reacted to T. Rowe Price’s proposed $1.6 trillion Active Crypto ETF filing — a move that officially lists Shiba Inu among potential holdings.

Despite the short-term rebound, the broader memecoin trend still shows signs of strain, with on-chain weakness, declining network activity, and lingering security concerns tempering optimism about a sustainable recovery.

Beneath the headlines, supply and liquidity metrics paint a more cautious picture.

Exchange reserves have also fallen sharply after an 84.55 trillion token decline from September 2024 to September 2025.

Such a supply shock often foreshadows short-term spikes as available sell pressure thins, but those same withdrawals raise volatility risk and can amplify swings if whales decide to redeploy balances into markets rather than hold.

Whales, Shibarium and the possibility of dropping another ‘zero’

Technical indicators tell a nuanced story.

SHIB found support near the 61.8% Fibonacci retracement and bounced from a key area around $0.0000095–$0.0000098, with the RSI sitting near 30 and the MACD histogram recently turning positive.

Short-term projections point to $0.00001078 and higher if buyers can clear immediate resistance at the 7-day and 30-day SMAs.

However, resistance remains stiff, and the 200-day and 30-day moving averages present obstacles that could stall rallies.

Shiba Inu price analysis
Shiba Inu price chart | CoinMarketCap

At the same time, on-chain fundamentals and development metrics limit conviction.

Shibarium activity cratered in October after a reported 82% decline in daily transactions, undercutting burn mechanics and utility-driven demand.

Token burn totals collapsed from tens of millions earlier in the week to just 2.57 million SHIB on October 31.

Combined with falling whale holdings and low open interest, that deterioration makes a sustained, ETF-fueled rally less certain and raises the possibility that SHIB might slide another decimal place if market conditions sour.

Compounding the uncertainty is a security incident: multiple signer keys associated with ShibaSwap appear compromised, and estimated losses approached $2.8 million in that event.

The project’s community response and any follow-up audits will be closely watched, because governance and custody issues can quickly sap institutional appetite for memecoins despite ETF windows.

Key Shiba Inu price levels to watch

Short-term traders should focus on whether SHIB can hold the $0.0000095 support and reclaim the $0.0000102–$0.0000109 zone on stronger volume.

On the other hand, longer-term traders should watch ETF progress, on-chain activity, and governance fixes to gauge whether Shiba Inu can move past its memecoin label and attract meaningful institutional flows.

A failure to cement technical gains or to restore Shibarium utility could mean SHIB slips toward another decimal decline, even as crypto ETFs keep the narrative alive.



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GFH Financial Group picks Binance Pay for crypto services in Bahrain


GFH Financial Group picks Binance Pay for crypto services in Bahrain
  • GFH App to enable instant crypto-to-fiat payments via Binance Pay.
  • The partnership boosts Bahrain’s role in GCC digital finance innovation.
  • Central Bank of Bahrain backs the service with PSP and stablecoin rules.

Bahrain’s GFH Financial Group has become the first Islamic investment bank in the Kingdom to integrate cryptocurrency payments directly into its banking app, marking a major milestone in the nation’s digital finance journey.

The partnership with Binance Pay enables GFH clients to perform real-time crypto-to-fiat transactions, bringing blockchain technology closer to traditional banking in Bahrain.

A first for Bahrain’s banking sector

Through this collaboration, GFH customers can now use Binance Pay within the GFH app to fund investments instantly and securely.

The feature allows users to convert digital assets into local currency without leaving the bank’s ecosystem, streamlining what was once a complex process.

This innovation eliminates the need for third-party exchanges for simple conversions, bridging the gap between crypto and conventional finance.

The service is powered by Binance Pay’s infrastructure, ensuring fast and low-cost transactions.

Clients can top up fiat e-wallets, custody both fiat and cryptocurrencies, and complete investment subscriptions within seconds.

For GFH Financial Group, the partnership is a defining step in its digital transformation strategy, designed to enhance accessibility and efficiency for customers managing digital and traditional assets alike.

Regulatory backing strengthens the launch

The Central Bank of Bahrain (CBB) has played a crucial role in supporting this advancement.

Earlier this year, it granted BPay Global B.S.C.(c) — a Binance Group company — a Payment Service Provider (PSP) license to operate in the Kingdom.

The license enables BPay Global to facilitate fiat and crypto custody, manage e-wallets, and process payments securely under the CBB’s supervision.

In parallel, the CBB introduced a stablecoin framework allowing both USD-backed and Bahraini dinar-pegged stablecoins to circulate in the local market.

This regulatory clarity provides a strong foundation for integrating crypto within the financial system, offering stability and ensuring compliance with international standards.

Financial experts say these policies strengthen Bahrain’s position as a crypto-friendly jurisdiction within the Gulf Cooperation Council (GCC).

Bridging traditional banking with blockchain

Osama Nasr, Chief Digital Banking Officer at GFH Financial Group, described the initiative as a transformative step that bridges traditional banking with blockchain technology.

“By bridging traditional banking with blockchain technology, we are introducing a new era of convenience, security, and accessibility for our customers,” Nasr said.

Nasr emphasised that this integration aligns with GFH’s broader goal of delivering smarter and more connected financial experiences.

From Binance’s side, Tameem Al Moosawi, General Manager of Binance Bahrain, highlighted the partnership’s alignment with Bahrain’s economic vision. “

We are contributing to a more competitive and sustainable digital economy. This partnership not only enhances financial innovation but also fosters digital literacy and positions the Kingdom as a leader in the future of finance,” he noted.

Regional momentum in crypto integration

The GFH–Binance partnership reflects a growing trend across the GCC, where financial institutions are increasingly adopting blockchain-based solutions.

In the UAE, Liv Bank, a subsidiary of Emirates NBD, has teamed up with Aqua Now for fiat-crypto settlements, while RAKBANK has partnered with BitPanda to offer similar services.

Together, these developments illustrate how Gulf countries are moving toward harmonising digital assets with established banking systems.

In Bahrain, the combination of regulatory foresight, Islamic finance principles, and fintech innovation has created fertile ground for crypto adoption.

GFH Financial Group’s integration of Binance Pay not only enhances the local banking experience but also signals Bahrain’s readiness to compete as a regional hub for digital finance.



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Uphold relaunches XRP rewards debit card in the US with up to 10% back for users


A Card Labelled Uphold
  • The Uphold XRP rewards Debit Card is now available across the US.
  • Users can spend anywhere Visa is accepted, online or in-store.
  • Uphold offers up to 6% in $XRP on everyday purchases.

Uphold, a leading digital asset platform, has officially relaunched its highly anticipated debit card for customers in the United States, featuring generous rewards paid exclusively in XRP.

Ripple’s XRP is one of the most popular cryptocurrencies in the market, and continues to attract attention as the US becomes increasingly crypto-friendly.

In recent months, the return of the American market has seen several companies, including Robinhood and Bullish, make forays.

Crypto.com, Gemini, and Coinbase are among the exchanges to launch crypto rewards credit cards in the US.

Uphold brings XRP rewards via debit card

Announced on Thursday, October 30, the relaunch revives a service discontinued in March 2023 due to regulatory hurdles.

The Uphold crypto rewards card is issued by Cross River Bank as a Visa debit card.

It enables US residents in eligible states to spend fiat, over 300 cryptocurrencies, stablecoins, or metals anywhere Visa is accepted, including via Apple Pay and Google Pay.

Per details, the premium Uphold Elite Card offers up to 6% XRP back on purchases, zero ATM or foreign transaction fees, and a metal physical card.

The no-fee Uphold Essential Card provides 4% XRP rewards with modest fees. Users activating before January 1, 2026, lock in these promotional rates for three months.

Direct deposit of paychecks unlocks an additional 4% in XRP, potentially totaling 10% back and up to $800 monthly in rewards.

What does this mean for the XRP market?

This relaunch arrives at an important moment for XRP, and could help enhance the Ripple token’s real-world utility.

Encouraging spending and other activities will drive demand, with Uphold’s more than 10 million global users, a key market.

Notably, the card incentivizes holding and accumulation. This potentially means reduced sell pressure and is another XRP-focused campaign that could boost transaction volume on the XRP Ledger.

Furthermore, the relaunch positions XRP competitively against rivals like Coinbase, Gemini, and Crypto.com.

Coinbase’s Bitcoin-back card  and Gemini’s Solana rewards have notable traction and Uphold’s reentry signals focus amid the broader trend of crypto rewards cards. 

Ripple’s growth

XRP adoption in cross-border payments is among the targets for the cryptocurrency.

But as Ripple looks to get flying following the hurdle it faced with the US Securities and Exchange Commission lawsuit, other initiatives are up and running.

The company launched Ripple USD (RLUSD), its flagship stablecoin in 2024. Integrations across the market are on the rise, including Uphold.

The firm is taking payments, lending, and remittances to more people, with acquisitions such as stablecoin platform Rail key.

Recently, it finalized its acquisition of Hidden Road, thereby becoming the first crypto company to own a global multi-asset prime broker.





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How a Bangkok arrest cracked open the $31 million FINTOCH crypto fraud


Thai police arrest a Chinese national in Bangkok for a $31 million FINTOCH crypto scam, exposing cross-border DeFi fraud challenges.
  • The FINTOCH platform falsely claimed ties to Morgan Stanley and promised 1% daily returns.
  • Investigators found $31.6 million in USDT moved across Binance Smart Chain, Tron, and Ethereum.
  • Liang lived alone in a luxury Bangkok home, where police found an illegal firearm.

Thai and Chinese authorities have arrested a Chinese national in Bangkok linked to one of the largest decentralised finance scams of 2023.

The suspect, identified as Liang Ai-Bing, was detained over his alleged role in a cryptocurrency Ponzi scheme that defrauded nearly 100 investors of more than $31 million.

The case, involving the FINTOCH platform, as per a BeInCrypto report, exposes how cross-border coordination and blockchain analysis are reshaping global efforts to combat crypto-related crimes.

Inside the FINTOCH scam

Liang Ai-Bing was arrested on Wednesday in an upscale Bangkok neighbourhood after a coordinated intelligence operation between Thai and Chinese authorities.

The FINTOCH platform, also known as Morgan DF Fintoch, operated between December 2022 and May 2023, falsely marketing itself as a legitimate decentralised finance project.

It claimed to be affiliated with global investment bank Morgan Stanley — an association that Morgan Stanley publicly denied in 2023.

The fraudulent platform promised investors daily returns of 1% and presented a fictional chief executive named Bob Lambert, whose photo turned out to be that of an American actor, Mike Provenzano.

The Monetary Authority of Singapore had already issued a warning about the platform in early May 2023, weeks before it vanished with millions in investor funds.

Investigators later revealed the scam was orchestrated by five individuals, including Liang.

The other suspects were identified as Ai Qing-Hua, Wu Jiang-Yan, Tang Zhen-Que, and Zuo Lai-Jun.

While Zuo was detained in China and later released on bail, the remaining suspects fled across borders after the exit scam in May 2023.

Blockchain trail and digital evidence

On-chain investigator ZachXBT first exposed the scam in May 2023, tracking suspicious fund movements across multiple blockchains.

His research found that the FINTOCH team withdrew $31.6 million in USDT from Binance Smart Chain and later transferred it through the Tron and Ethereum networks.

Victims soon discovered they could no longer access their accounts or withdraw funds.

Data from Immunefi, a crypto bug bounty platform, showed that the FINTOCH case contributed to a 63% rise in cryptocurrency-related losses in the second quarter of 2023 compared to the same period the previous year.

When Liang was arrested, authorities found he had been living alone in a rented three-storey property in Bangkok’s Wang Thonglang district since late 2023.

The monthly rent for the residence was approximately $4,645.

During the search, police also seized an illegal firearm, leading to additional charges for unlawful entry and possession of a weapon.

Cross-border enforcement and extradition

The FINTOCH investigation has highlighted the growing complexity of prosecuting cryptocurrency crimes that transcend national borders.

Thai police worked closely with Chinese authorities to trace Liang’s movements after he fled mainland China, frequently shifting locations to avoid capture.

Discussions are underway to extradite him to China, where he will face fraud charges.

The case has also renewed attention on regulatory gaps surrounding decentralised finance platforms.

Unlike traditional financial institutions, DeFi projects often operate across multiple jurisdictions without clear oversight.

This enables bad actors to exploit legal loopholes and evade accountability.

Authorities in other countries are also cracking down on similar scams.

In October 2025, US officials announced they were seeking to seize 127,271 BTC — valued at over $14.2 billion — from Chen Zhi, founder of Cambodia-based Prince Holding Group.

The case involved “pig butchering” scams, where victims were coerced into fraudulent crypto investments under threat or manipulation.

The FINTOCH case underscores both the potential and the limitations of blockchain transparency.

While transaction records helped investigators track stolen assets, the speed of execution and lack of immediate regulation continue to make recovery difficult.

The nearly two-year gap between the May 2023 scam and Liang’s October 2025 arrest illustrates how international cooperation and forensic blockchain analysis are becoming essential in tackling DeFi-related crimes.



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Hong Kong’s SFC reviews digital asset treasuries as investor losses mount


Hong Kong’s SFC reviews digital asset treasuries as investor losses mount
  • Chairman Kelvin Wong warns of inflated DAT share prices.
  • Boyaa Interactive and Ourgame International among affected firms.
  • India and Australia also move to curb crypto-heavy listings.

Hong Kong’s Securities and Futures Commission (SFC) has intensified its scrutiny of listed firms with digital asset treasuries (DATs) after findings suggested retail investors may have lost billions trading these stocks.

The regulator is concerned that share prices of some companies may be trading well above the value of their crypto holdings, raising questions about investor protection and market transparency.

The move comes amid growing global unease over corporate exposure to digital assets, with regulators in Hong Kong, India, and Australia tightening oversight of firms integrating crypto into their balance sheets.

SFC flags risk of inflated share valuations

SFC chairman Kelvin Wong Tin-yau said the regulator is closely monitoring how listed firms manage their crypto assets, as some share prices may not reflect the true value of their holdings.

Wong pointed to examples from the United States where companies with digital asset exposure saw valuations soar to more than double the cost of their crypto portfolios.

Findings from Singapore-based 10X Research earlier this month indicated that retail investors may have collectively lost around $17 billion trading digital asset treasury firms.

Many of these losses stemmed from investors purchasing shares at a premium far above the company’s net asset value.

Some of Hong Kong’s most active DAT firms, including Boyaa Interactive and Ourgame International, have seen their stock performance weaken amid the crypto market’s volatility.

The SFC’s growing concern reflects a broader effort to assess whether such firms pose risks to financial stability, particularly when share prices are driven more by speculative demand than by operational performance.

Regulators move against rebranding attempts

Authorities in Hong Kong have already taken measures against companies attempting to rebrand themselves as crypto-holding entities without substantial business operations.

The SFC cited listing rules that limit firms from maintaining excessive liquid assets, including cryptocurrencies, on their balance sheets without demonstrating a clear operational rationale.

Wong stated that investors should “fully understand the underlying risks of DAT,” adding that the commission plans to expand its public education campaigns to help retail traders understand how digital asset treasuries function and the market volatility they may face.

Once its review is complete, the SFC will determine whether specific guidelines are required for DATs, as Hong Kong currently lacks a framework governing listed companies investing directly in cryptocurrencies.

Global caution spreads across markets

Regulatory caution is not limited to Hong Kong. Earlier this month, similar developments emerged in India and Australia, where exchanges raised concerns about listed firms shifting large portions of their capital into crypto holdings.

In Australia, the Australian Securities Exchange (ASX) restricts listed firms from holding more than 50% of their assets in cash or cash-like instruments, a rule that complicates attempts to build crypto-heavy balance sheets.

In India, the Bombay Stock Exchange recently rejected a listing proposal from Jetking Infotrain due to its plans to allocate funds toward digital assets.

Across jurisdictions, regulators are increasingly aligning on the need for clearer oversight of corporate crypto exposure.

Industry concerns over unsustainable models

Experts within the crypto industry have expressed concern that many DAT companies operate without robust governance structures or defined risk controls.

Without clear strategies for managing asset volatility or liquidity shocks, retail investors could face sharp losses during market downturns.

While digital asset treasuries offer firms a new way to diversify holdings, regulators argue that such moves must be backed by sound business fundamentals rather than speculative enthusiasm.

The SFC’s review marks an important step in defining how listed companies can responsibly integrate crypto into their financial strategies without endangering shareholders.



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Crypto update: Bitcoin tumbles below $111K as Powell dashes December rate cut hopes


Crypto update: Bitcoin tumbles below $111K as Powell dashes December rate cut hopes
  • Bitcoin fell below $111,000 after Fed Chair Powell’s hawkish comments.
  • Powell said a December interest rate cut is “not a foregone conclusion.”
  • Major cryptocurrencies like Ethereum, XRP, and Solana also posted losses.

Bitcoin and the wider cryptocurrency market took a sharp downturn after US Federal Reserve Chair Jerome Powell signaled that a highly anticipated December interest rate cut was not guaranteed, reversing market sentiment that had priced in further easing.

The hawkish remarks immediately spooked investors, sending Bitcoin below a key support level and triggering a broad sell-off across digital assets.

While the Fed did deliver an expected quarter-point rate cut, Powell’s commentary on the future path of monetary policy became the dominant driver of the market’s negative reaction.

Powell pours cold water on December rate cut hopes

At the conclusion of the Federal Open Market Committee (FOMC) meeting, Powell announced a 0.25% point reduction in the policy rate to a range of 3.75-4.00%.

However, he quickly tempered market optimism by adopting a cautious stance on future moves, stating a December cut “is not a foregone conclusion.”

Powell explained that the central bank needs more economic data, particularly after the recent government shutdown obscured key indicators.

“We may need to slow the pace of policy (rate) adjustments. I hope to obtain more data by December,” he said at the press conference.

He also revealed a growing divide within the committee.

“More and more Fed members want to delay rate cuts,” Powell continued, adding, “After two consecutive rate cuts, some members are taking a wait-and-see stance.

The view that we should wait at least one cycle is spreading.”

Bitcoin leads broad market plunge

The market’s reaction to Powell’s unexpected caution was swift and decisive.

Bitcoin, which had been trading steadily around the $113,000 level before the press conference, broke below its $110,000 support moments after his remarks, hitting an intraday low in the $109,000 range.

As of Thursday, the token was still struggling around $110,000, down roughly 2% from the previous day.

The weakness was felt across the entire crypto ecosystem.

According to CoinMarketCap, other major cryptocurrencies also posted significant losses:

  • Ethereum (ETH) fell 1.93% to $3,899.87.

  • XRP dropped 2.74% to $2.53.

  • Solana (SOL) declined 1.04% to $192.37.

A silver lining? Fed to end quantitative tightening

However, Powell’s press conference was not entirely hawkish. He also formally announced the end of the Fed’s asset reduction program, known as Quantitative Tightening (QT), which could increase liquidity in the financial system.

“We have decided to end QT as of December 1,” Powell stated. He explained that the Fed’s balance sheet had shrunk by $2.2 trillion over three and a half years.

“We now believe we are close to sufficient reserves,” he said, signaling a shift toward balance sheet normalization.

With Fed in rearview, all eyes turn to US-China summit

With the Fed’s immediate policy path now clarified, investors are pivoting their attention to the next major potential catalyst: the US-China summit.

Following the crypto market plunge, traders are looking to the meeting between US President Donald Trump and Chinese President Xi Jinping as a possible source of positive news that could trigger a rebound.

The high-stakes meeting is scheduled for Thursday morning at the ‘Naraemaru’ facility at Gimhae Airport Air Force base.



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Ondo Global Markets expands to BNB Chain


Ondo Global Markets Expands To BNB Chain
  • Ondo Global Markets launches on BNB Chain, enabling 24/7 access to over 100 tokenized US stocks and ETFs.
  • Integration of BNB Chain is part of Ondo’s expansion and boosts tokenized equities.
  • The platform is live on Ethereum and will expand to other chains.

Decentralized finance platform and tokenized real-world asset issuer Ondo Finance is expanding its tokenized securities platform to BNB Chain.

According to the press release, the move is a key milestone for both Ondo Finance and BNB Chain.

For the latter, an increasingly huge player in the decentralized finance and real-world assets tokenization space, it means growth into a sector currently seeing great traction. 

Integration comes as top asset managers and other financial markets providers tap into the blockchain for fresh traction of their products, including tokenized stocks, private credit and US Treasuries.

What Ondo Global Markets’ launch on BNB Chain means

Ondo Finance announced its expansion on Wednesday, Oct. 29.

The move sees the RWA market platform bring its institutional-grade tokenized equities and exchange-traded funds (ETFs) to millions of users worldwide via BNB Chain. 

Nathan Allman, founder and CEO of Ondo Finance, commented:

“BNB Chain is home to one of the largest and most engaged global user bases in Web3. Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies, in an environment that is fast, cost-efficient, and highly interoperable. This is a major step toward making US markets globally accessible through blockchain technology.”

In particular, Ondo is helping to unlock 24/7 access to over 100 tokenized US stocks and ETFs for over 3.4 million daily active users, with BNB Chain having a notably strong presence in Asia and Latin America.  

“The integration provides BNB Chain — with its 3.4 million daily active users and expansive DeFi ecosystem — access to over 100 tokenized US stocks and ETFs, supported by leading ecosystem projects such as PancakeSwap,” Ondo wrote in its blog post.

Launched on Ethereum in September 2025, Ondo Global Markets has rapidly scaled to $350 million in total value locked (TVL).

The platform has so far generated over $669 million in onchain volume.

The platform enables non-US investors to gain seamless exposure to blue-chip assets like Apple, Tesla, Nvidia, and S&P 500 ETFs, backed by securities held at US-registered broker-dealers.

For BNB Chain users

Key features include blockchain-based settlement, fractional ownership for affordability, and deep liquidity sourced directly from traditional exchanges.

Users can redeem tokens up to $1 million per transaction with near-real-time pricing via Chainlink oracles.

Integration with BNB Chain ecosystem projects like PancakeSwap enhances accessibility, allowing seamless trading via familiar wallets without KYC hurdles for many users.

BNB Chain’s head of business development, Sarah Song, also commented on the deployment. 

“Real-world assets are one of the fastest-growing segments on BNB Chain, and having Ondo Finance join our ecosystem is another strong validation of that momentum,” Song noted. “Together, we’re expanding access to high-quality financial assets and driving the next wave of adoption that connects traditional markets with blockchain technology.”



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Bitcoin, altcoins slip as the Fed lowers interest rates by 25 basis points


Bitcoin, altcoins slip as the Fed lowers interest rates by 25 basis points
  • The US Fed has cut rates by 25 bps, signaling a softer monetary stance.
  • Bitcoin price is down 3% to $111,400 as traders digest the policy move.
  • Fed to end the quantitative tightening on December 1.

The cryptocurrency market has seen renewed volatility after the US Federal Reserve announced a widely expected 25-basis-point interest rate cut.

Bitcoin (BTC), Ethereum (ETH), and other altcoins have reacted with mild declines as traders digested the central bank’s decision and its implications for the broader economy and digital asset markets.

Fed delivers another cut amid economic uncertainty

The Federal Reserve reduced its benchmark federal funds rate by a quarter of a percentage point, bringing it down to a target range of 3.75%-4%.

This marks the second consecutive rate cut as policymakers move to support a cooling economy.

The decision, anticipated by nearly all market participants, came amid ongoing concerns over a weakening labor market, a persistent government shutdown, and the scarcity of fresh economic data.

At the post-meeting press conference, Fed Chair Jerome Powell noted that while some key federal data releases have been delayed by the government shutdown, the available public and private sector information suggests that the outlook for employment and inflation has changed little since the September meeting.

Powell also cautioned that another rate cut in December is “not a foregone conclusion.”

While projections released in September had indicated potential reductions in both October and December, Powell emphasized that the December move is not assured, signaling a more data-dependent approach by the central bank.

The Fed also announced it would end its quantitative tightening program on December 1, signaling a gradual shift toward a less restrictive policy stance.

However, not all members of the Federal Open Market Committee agree on how quickly to ease policy.

Some, like Stephen Miran, have argued for a steeper 50-basis-point reduction to accelerate growth, while others — including Cleveland Fed President Beth Hammack and Dallas Fed President Lorie Logan — advocated caution.

This internal split underscores growing uncertainty over how the Fed will navigate the coming months.

Crypto markets unimpressed as Bitcoin price slips

In the hours following the Fed announcement, Bitcoin price slipped roughly 3% to trade near $111,400, while Ethereum hovered around $4,000, down a similar margin.

The broader crypto market cap stood at $3.86 trillion, after a modest 2.4% drop, with many top assets in the red.

Liquidations across derivatives platforms totaled approximately $560 million, reflecting a brief wave of volatility.

The muted reaction suggests the rate cut had been largely priced in, with traders anticipating the move weeks in advance.

Bitcoin’s weakness, in particular, follows a broader retreat from the all-time high it reached earlier this month.

Despite optimism surrounding lower rates and renewed liquidity, the market remains cautious.

Ethereum and other leading altcoins, including Solana (SOL), XRP, and Binance Coin (BNB), have also registered small daily losses.

Economic backdrop weighs on investor sentiment

Recent data from the Chicago Fed shows unemployment holding near 4.3%, its highest level in four years, while inflation continues to hover around 3%, above the central bank’s 2% target.

The Conference Board’s Expectations Index also remains below levels typically associated with economic optimism, fueling fears of a potential recession.

These signals paint a picture of an economy losing momentum.

With inflation still elevated and job growth softening, the Fed faces a delicate balancing act — supporting growth without reigniting price pressures.

Analysts suggest that if the economy slows further, additional rate cuts could follow before the end of the year.

Markets now await Powell’s next move

Traders will closely watch Powell’s comments for hints about how long the current easing cycle might continue.

Many expect the Fed to maintain a cautious tone while emphasizing flexibility, given the lack of up-to-date economic data due to the government shutdown.

Crypto analysts believe that a sustained move toward lower rates and an eventual halt to balance-sheet tightening could support digital assets in the medium term.

Easier financial conditions tend to encourage risk-taking, and historically, Bitcoin and other cryptocurrencies have benefited when liquidity expands.

Still, near-term volatility is likely.

The Bitcoin price remains sensitive to macroeconomic shifts, and with uncertainty over both monetary policy and the global economic outlook, traders may see further swings before the market finds its next direction.

In the short term, crypto investors are bracing for Powell’s remarks and any signals of further easing.

While lower interest rates can provide relief for risk assets, the path forward remains uncertain — and for now, Bitcoin and altcoins appear content to wait for clearer signs from the Fed’s next move.



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Ethereum Foundation launches institutional portal to boost enterprise adoption


Ethereum Foundation launches institutional portal to boost enterprise adoption
  • “Ethereum for Institutions” helps businesses integrate with the Ether ecosystem.
  • The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs.
  • ETH eyes rebounds as whales accumulate.

The Ethereum Foundation has announced a new website, Ethereum for Institutions, designed to guide businesses on how to operate on-chain.

Unveiled today, October 29, the site aims to supercharge Ethereum adoption among top companies.

The official announcement reads:

Ethereum is the neutral, secure base layer where the world’s financial value is coming on-chain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global movement.

The foundations Enterprise Acceleration team created the new website to present a clear framework for firms interested in building and investing in the second-largest cryptocurrency.

Ethereum for Institutions offers case studies, resources, and access to industry leaders shaping the next phase of DeFi.

Scaling Ethereum for enterprise utility

Scalability has been among the primary challenges in Ethereum’s push for institutional-grade adoption.

Meanwhile, its L2 ecosystem, comprising projects like Arbitrum, zkSync, Base, and Optimism, is addressing that.

The foundation revealed that Layer2s secure more than $50 billion in value. The team said:

With $50B+ in total value secured, L2s provide the high-throughput, low-cost execution needed for global-scale applications – from payments to tokenization.

These platforms have gained traction for offering low costs and high throughput essential for enterprise-level utility, including real-world assets tokenization, trading, and payments.

Notably, the new website features a comprehensive L2 segment showcasing how these solutions are enabling cheaper and faster transactions while leveraging Ethereum’s robust security.

Layer 2 platforms offer the infrastructure for businesses navigating decentralized finance, stablecoins, or tokenization.

Ethereum transforms the on-chain economy

Ethereum’s new institutional website is beyond a documentation hub. It welcomes the next phase of digital finance.

It lowers entry barriers for traditional institutional navigating on-chain finance by organizing data around key sectors like DeFi, staking, restaking networks, RWAs, and DeFi.

It builds on the Ethereum vision, serving as a neutral, composable, and public infrastructure that supports financial innovation.

The blockchain continues to merge TradFi and DeFi, leveraging an ecosystem of thriving developers, high-end privacy tools, and scalability through L2 platforms.

With more institutions embracing blockchain through ETFs and digital assets strategies, Ethereum’s institutional portal offers a lucrative entry point.

The website connects global businesses with the foundation blocks of the digital economy.

ETH price outlook: whales are buying

The largest altcoin by market value is trading at $3,971 following an over 3% decline in the past 24 hours.

Its bearish trajectory mirrors the broader sector.

CoinMarketcap data shows the value of all digital currencies declined by 3% the previous 24 hours to $3.76 trillion.

Nevertheless, Lookonchain data shows large-scale investors are buying the dip.

Bitime’s new wallets have received 33,948 ETH tokens, worth approximately $135 million, from Falcon X today.

That reveals conviction in Ethereum’s possible rebounds in the coming sessions.





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Deutsche Digital Assets and Safello launch staked Bittensor ETP


Bittensor TAO Token
  • Deutsche Digital Assets has teamed up with Safello to list a new Bittensor exchange traded product.
  • The Safello Bittensor Staked TAO ETP offers regulated exposure to Bittensor’s TAO token with staking rewards.
  • Safello’s crypto ETP goes live on SIX Swiss Exchange, one of Europe’s top crypto ETP venues.

German crypto and digital asset manager Deutsche Digital Assets (DDA) and Nordic cryptocurrency exchange Safello have announced the launch of the Safello Bittensor Staked TAO ETP.

The launch comes as the crypto industry welcomes a growing number of digital asset-related products across the market, including the Bitcoin ETP by BlackRock. 

Meanwhile, Bittensor continues to attract attention as a top decentralized artificial intelligence (AI) project.

Developments around AI, including from Big Tech giants Nvidia, Microsoft and Meta, have often pushed TAO and other AI tokens into the limelight.

Staked Bittensor ETP lists on SIX Swiss exchange

Frankfurt-based DDA, a pioneer in crypto exchange-traded products since 2017, announced the new product on October 29, 2025.

The ETP is a collaboration with Safello and brings a physically backed Bittensor ETP to the expanding market.

The product tracks the Kaiko Safello Staked Bittensor Index (KSSTAO) and is domiciled in Liechtenstein.

Trading under ticker STAO (ISIN: DE000A4APQY4) on SIX is slated to commence to enhance seamless buying and selling during standard market hours.

Moreover, the ETP is fully secured in cold storage by regulated custodian BitGo Europe GmbH and holds 100% physical TAO reserves.

What it means for investors

Investors are to benefit from total returns encompassing TAO’s price appreciation plus staking yields, automatically reinvested into the net asset value (NAV).

With a competitive total expense ratio (TER) of 1.49%, it provides an accumulating income structure, ideal for portfolio diversification amid rising interest in AI-driven blockchain assets.

Maximilian Lautenschläger, CEO and founder of DDA, emphasized the strategic fit:

“We are excited to announce the launch of Safello Bittensor Staked TAO ETP through our collaboration with Safello. By leveraging DDA’s white-label ETP platform, we enable our partner to bring their innovative crypto investment strategies to market, while ensuring compliance with regulatory standards.”

Unlocking decentralized AI

Bittensor (TAO) is currently trading at $425 and powers a groundbreaking peer-to-peer network, incentivizing collaborative machine learning.

Participants contribute data, models, and compute power for tasks like image recognition, fraud detection, and protein structure prediction, earning TAO rewards in a proof-of-stake ecosystem.

With a market cap exceeding $4.3 billion, Bittensor exemplifies the fusion of blockchain and AI, positioning it as a high-growth asset in the evolving digital economy.

Safello CEO Emelie Moritz commented,

“The launch of Safello Bittensor Staked TAO ETP underlines Safello’s conviction in decentralised AI. Bittensor is a prime example of how decentralized technology and AI are converging to reshape the future of value creation. Together with DDA, we’re making it possible for investors to easily access this innovation through a regulated and transparent investment vehicle.”

Bittensor price reached highs of $457 on Oct. 29, but its all-time high is $767, which it hit back in April 2024.



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