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A new white paper published by Capital.com and APCO.
#BTCVSGOLD $ETH
The Middle East and North Africa region stands out as one of the most dynamic markets in the world for retail derivatives trading, according to a new white paper published by Capital.com and APCO.
The report, titled "A New Horizon for Trading: How Access, Innovation, and Ambition Fuel the Growth of Electronic Trading in the Middle East and North Africa", reveals that in the first half of 2025, the Middle East and North Africa region achieved a trading volume of $804.1 billion on the Capital.com platform, of which $576.5 billion came from the United Arab Emirates alone.
The Middle East and North Africa region stands out as one of the most dynamic markets in the world for retail derivatives trading, according to a new white paper published by Capital.com and APCO.
The report, titled "A New Horizon for Trading: How Access, Innovation, and Ambition Fuel the Growth of Electronic Trading in the Middle East and North Africa", reveals that in the first half of 2025, the Middle East and North Africa region achieved a trading volume of $804.1 billion on the Capital.com platform, of which $576.5 billion came from the United Arab Emirates alone.
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Drop before the U.S. interest rate decision announcement
#USJobsData #FOMCWatch $BTC
$BNB $ETH
Cryptocurrency prices fell during trading on Wednesday, with caution dominating investor transactions, ahead of the announcement of the U.S. Federal Reserve's decision on interest rates today.
The Federal Reserve's Open Market Committee meeting is scheduled to end today, amid expectations of a 25 basis point rate cut.
$BNB $ETH
Cryptocurrency prices fell during trading on Wednesday, with caution dominating investor transactions, ahead of the announcement of the U.S. Federal Reserve's decision on interest rates today.
The Federal Reserve's Open Market Committee meeting is scheduled to end today, amid expectations of a 25 basis point rate cut.
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Japan Turns the Crypto Regulatory Equation Upside Down
Japan has unveiled an unprecedented regulatory approach in the cryptocurrency market, after the Financial Services Agency (FSA) issued a report suggesting the transfer of oversight of digital currencies from the Payment Services Act to the Financial Instruments and Exchange Act, placing crypto under a regulatory framework dedicated to securities and investment products. The new shift aims to enhance user protection by tightening disclosure rules, especially in initial exchange offerings (IEOs), amid the increasing use of digital assets as local and global investment tools.
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Saylor denies that stable digital currencies constitute a path for Bitcoin to reach $1.2 million
#BitcoinSPACDeal $BTC
Founders of Strategy suggest that stablecoins pose a competitive threat to the long-term price trajectory of Bitcoin, challenging Cathie Wood's adjustment of her view on Bitcoin's target price for 2030, reducing her forecast from $1.5 million to $1.2 million.
Founders of Strategy suggest that stablecoins pose a competitive threat to the long-term price trajectory of Bitcoin, challenging Cathie Wood's adjustment of her view on Bitcoin's target price for 2030, reducing her forecast from $1.5 million to $1.2 million.
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Eric Trump calls to buy Bitcoin now from these levels
#BTCVolatility #BTCHashratePeak $BTC
The recent decline in the price of Bitcoin presents a great opportunity, as Eric described this moment as a "great time to buy Bitcoin" and classified the asset as "the greatest of our era." This opinion comes at a time when Bitcoin is facing volatility, retreating below $100,000. This recent movement for Eric is just part of a cycle, noting that Bitcoin stood near $16,000 three years ago and around $36,500 two years ago. The asset rose above $120,000 earlier this year before prices fell. He clarified that the current value still reflects long-term expansion. He also noted ETF inflows and broader institutional participation as signs of deepening adoption.
The recent decline in the price of Bitcoin presents a great opportunity, as Eric described this moment as a "great time to buy Bitcoin" and classified the asset as "the greatest of our era." This opinion comes at a time when Bitcoin is facing volatility, retreating below $100,000. This recent movement for Eric is just part of a cycle, noting that Bitcoin stood near $16,000 three years ago and around $36,500 two years ago. The asset rose above $120,000 earlier this year before prices fell. He clarified that the current value still reflects long-term expansion. He also noted ETF inflows and broader institutional participation as signs of deepening adoption.
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MFI prepares $500 million for digital asset treasury strategy
#BTC90kBreakingPoint $BTC
MFI announced a special offering of $500 million with accredited institutional investors to fund a digital asset treasury strategy. The Hong Kong-based company plans to sell 50 million Class A common shares and pre-funded warrants at a price of $10.0000 per share.
The private investment in public equity transaction is expected to close around 01/12/2025. MFI intends to use the net proceeds primarily to acquire Bitcoin and establish digital asset treasury operations, as well as for working capital and general corporate purposes.
MFI announced a special offering of $500 million with accredited institutional investors to fund a digital asset treasury strategy. The Hong Kong-based company plans to sell 50 million Class A common shares and pre-funded warrants at a price of $10.0000 per share.
The private investment in public equity transaction is expected to close around 01/12/2025. MFI intends to use the net proceeds primarily to acquire Bitcoin and establish digital asset treasury operations, as well as for working capital and general corporate purposes.
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Bitcoin plunges below $84,000 in the most intense downturn this year
#USJobsData$BTC
The price of the cryptocurrency Bitcoin fell sharply during trading on Friday, experiencing one of the most intense downturns since the beginning of this year.
Bitcoin dropped from its all-time high of $126,000, recorded last October, to trade this morning at less than $84,000.
This sharp decline came amid investors' aversion to high-risk assets and a decrease in the likelihood of the U.S. Federal Reserve cutting interest rates next month.
The price of the cryptocurrency Bitcoin fell sharply during trading on Friday, experiencing one of the most intense downturns since the beginning of this year.
Bitcoin dropped from its all-time high of $126,000, recorded last October, to trade this morning at less than $84,000.
This sharp decline came amid investors' aversion to high-risk assets and a decrease in the likelihood of the U.S. Federal Reserve cutting interest rates next month.
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#injective $INJ @Injective
Injective is a first-layer blockchain specialized in decentralized finance (DeFi) applications. It is designed to serve as the foundation for building decentralized and innovative financial applications, such as decentralized exchanges (DEXs), derivatives markets, lending platforms, and more.
The main features of the Injective network:
Decentralized Finance (DeFi): The primary focus of the network is to provide a robust and censorship-resistant infrastructure for decentralized finance applications.
Interoperability: Injective boasts high compatibility with other blockchain networks like Ethereum and Solana, as well as chains compatible with the Inter-Blockchain Communication (IBC) protocol, enabling asset trading across various ecosystems.
Built on Cosmos: The protocol is built using the Cosmos SDK development toolkit and leverages the Tendermint consensus mechanism to ensure fast and secure transactions.
MEV Resistant: Injective provides an infrastructure resistant to maximal extractable value (MEV), helping to create a fairer trading environment.
INJ Token:
Native Token: INJ is the native cryptocurrency of the Injective protocol.
Governance: INJ token holders can participate in the governance of the protocol and vote on important decisions regarding its future.
Staking: The token is used in a Proof of Stake (PoS) mechanism to support network security, and users can earn rewards.
Injective is a first-layer blockchain specialized in decentralized finance (DeFi) applications. It is designed to serve as the foundation for building decentralized and innovative financial applications, such as decentralized exchanges (DEXs), derivatives markets, lending platforms, and more.
The main features of the Injective network:
Decentralized Finance (DeFi): The primary focus of the network is to provide a robust and censorship-resistant infrastructure for decentralized finance applications.
Interoperability: Injective boasts high compatibility with other blockchain networks like Ethereum and Solana, as well as chains compatible with the Inter-Blockchain Communication (IBC) protocol, enabling asset trading across various ecosystems.
Built on Cosmos: The protocol is built using the Cosmos SDK development toolkit and leverages the Tendermint consensus mechanism to ensure fast and secure transactions.
MEV Resistant: Injective provides an infrastructure resistant to maximal extractable value (MEV), helping to create a fairer trading environment.
INJ Token:
Native Token: INJ is the native cryptocurrency of the Injective protocol.
Governance: INJ token holders can participate in the governance of the protocol and vote on important decisions regarding its future.
Staking: The token is used in a Proof of Stake (PoS) mechanism to support network security, and users can earn rewards.
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#morpho $MORPHO
Morph Protocol was established in 2021 and is a company based in France under the name Morph Lab. It has raised a total of $70 million in funding from Ribbit Capital, a16z Crypto, Coinbase Ventures, Variant, Brevan Howard, Pantera, Blocktower, and more than 100 others to support its mission of making financial infrastructure a public good. The CEO and founder of Morph is Paul Frambois, while the co-founder is Merlin Egalite.
Mechanism of Morpho Protocol
To borrow assets, a user must provide collateral as a crypto asset backed by the Morpho Protocol.
The protocol defines the minimum collateral value required relative to the borrowed assets. For example, if this ratio is 90%, the value of the borrowed assets must not exceed 90% of the collateral value, or the position is eligible for liquidation.
The user initiates the borrowing process by interacting with the Morpho Protocol. They specify the amount of assets they wish to borrow and provide the required collateral.
Borrowers pay interest on the borrowed amount. The amount of interest paid depends on the interest rate model used by the protocol. Interest accrues over time and must be paid when the borrower repays the loan.
Borrowers can repay the loan at any time by returning the borrowed assets plus the accrued interest. Once the blockchain confirms the repayment of the debt, the borrower can retrieve their collateral from the smart contract.
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Morph Protocol was established in 2021 and is a company based in France under the name Morph Lab. It has raised a total of $70 million in funding from Ribbit Capital, a16z Crypto, Coinbase Ventures, Variant, Brevan Howard, Pantera, Blocktower, and more than 100 others to support its mission of making financial infrastructure a public good. The CEO and founder of Morph is Paul Frambois, while the co-founder is Merlin Egalite.
Mechanism of Morpho Protocol
To borrow assets, a user must provide collateral as a crypto asset backed by the Morpho Protocol.
The protocol defines the minimum collateral value required relative to the borrowed assets. For example, if this ratio is 90%, the value of the borrowed assets must not exceed 90% of the collateral value, or the position is eligible for liquidation.
The user initiates the borrowing process by interacting with the Morpho Protocol. They specify the amount of assets they wish to borrow and provide the required collateral.
Borrowers pay interest on the borrowed amount. The amount of interest paid depends on the interest rate model used by the protocol. Interest accrues over time and must be paid when the borrower repays the loan.
Borrowers can repay the loan at any time by returning the borrowed assets plus the accrued interest. Once the blockchain confirms the repayment of the debt, the borrower can retrieve their collateral from the smart contract.
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Morpho Protocol
#Moropho #moropho
Morph Protocol was established in 2021 and is a company based in France under the name Morph Lab. It has raised a total of $70 million in funding from Ribbit Capital, a16z Crypto, Coinbase Ventures, Variant, Brevan Howard, Pantera, Blocktower, and more than 100 others to support its mission of making financial infrastructure a public good. The CEO and founder of Morph is Paul Frambot, while the co-founder is Merlin Egalite.
Morph Protocol was established in 2021 and is a company based in France under the name Morph Lab. It has raised a total of $70 million in funding from Ribbit Capital, a16z Crypto, Coinbase Ventures, Variant, Brevan Howard, Pantera, Blocktower, and more than 100 others to support its mission of making financial infrastructure a public good. The CEO and founder of Morph is Paul Frambot, while the co-founder is Merlin Egalite.
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#linea $LINEA
Innovations in the cryptocurrency market are accelerating, and the LINEA coin stands out as one of the most prominent projects poised to bring a transformative change to the Ethereum infrastructure. Linea represents a Layer 2 network that relies on zkEVM technology, combining high security, fast execution, and low transaction costs, with full compatibility with Ethereum tools.
With the announcement of the listing of LINEA on the Binance platform on September 10, 2025, along with the launch of a massive free airdrop for BNB holders, interest in the project is increasing as it represents a strategic step towards the future of decentralized finance and unprecedented support for the Ethereum ecosystem.
Innovations in the cryptocurrency market are accelerating, and the LINEA coin stands out as one of the most prominent projects poised to bring a transformative change to the Ethereum infrastructure. Linea represents a Layer 2 network that relies on zkEVM technology, combining high security, fast execution, and low transaction costs, with full compatibility with Ethereum tools.
With the announcement of the listing of LINEA on the Binance platform on September 10, 2025, along with the launch of a massive free airdrop for BNB holders, interest in the project is increasing as it represents a strategic step towards the future of decentralized finance and unprecedented support for the Ethereum ecosystem.
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#plasma $XPL
Plasma is a Layer-1 blockchain designed specifically to facilitate stablecoin transactions quickly and at low cost, while maintaining decentralized scalability. It is compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy Ethereum-based applications. It aims to be a dedicated infrastructure for "digital dollars" and supports features such as fee-less transfers (for currencies like USDT) and custom gas tokens.
Key Features of Plasma
Focus on Stablecoins: Unlike public blockchains, Plasma focuses entirely on stablecoins, making it fast, secure, and reliable for payments and daily financial use.
EVM Compatibility: It allows developers to use existing tools and projects within the Ethereum ecosystem, such as MetaMask and Solidity, without the need to start from scratch.
Fast and Low-Cost Transfers: It aims to process transactions much faster and at lower costs compared to traditional networks.
Native Bitcoin Bridge: It allows for the direct linking of Bitcoin value to the network.
Consensus Mechanism (Proof-of-Stake): It relies on a Proof-of-Stake (PoS) system, where validators stake XPL tokens to secure the network and verify transactions.
Plasma is a Layer-1 blockchain designed specifically to facilitate stablecoin transactions quickly and at low cost, while maintaining decentralized scalability. It is compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily deploy Ethereum-based applications. It aims to be a dedicated infrastructure for "digital dollars" and supports features such as fee-less transfers (for currencies like USDT) and custom gas tokens.
Key Features of Plasma
Focus on Stablecoins: Unlike public blockchains, Plasma focuses entirely on stablecoins, making it fast, secure, and reliable for payments and daily financial use.
EVM Compatibility: It allows developers to use existing tools and projects within the Ethereum ecosystem, such as MetaMask and Solidity, without the need to start from scratch.
Fast and Low-Cost Transfers: It aims to process transactions much faster and at lower costs compared to traditional networks.
Native Bitcoin Bridge: It allows for the direct linking of Bitcoin value to the network.
Consensus Mechanism (Proof-of-Stake): It relies on a Proof-of-Stake (PoS) system, where validators stake XPL tokens to secure the network and verify transactions.
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#CryptoMarketAnalysis $BNB
$ETH $BTC
Coinbase (NASDAQ:COIN) announced on Tuesday evening that it has invested in the cryptocurrency platform CoinDCX, stating that the goal is to expand its presence in India and the Middle East.
Coinbase clarified in a blog post that India and the Middle East are expected to "play a significant role in the future of cryptocurrency," and that its investment in CoinDCX, which is a key player in both regions, aims to capitalize on this boom.
Coinbase did not disclose the amount of its investment.
Reports earlier this year indicated that Coinbase was in advanced talks to acquire CoinDCX, especially after the latter suffered a hack worth $44 million. CoinDCX was expected to be valued at less than $1 billion.
Coinbase received approval to offer cryptocurrency trading services in India earlier in 2025. However, the platform has largely lagged behind competitors like Binance in capitalizing on the large cryptocurrency market in India, following a failed launch in early 2022.
India leads the world in cryptocurrency adoption, with data from CoinLedger showing that the country had nearly 119 million cryptocurrency users as of 2024.
$ETH $BTC
Coinbase (NASDAQ:COIN) announced on Tuesday evening that it has invested in the cryptocurrency platform CoinDCX, stating that the goal is to expand its presence in India and the Middle East.
Coinbase clarified in a blog post that India and the Middle East are expected to "play a significant role in the future of cryptocurrency," and that its investment in CoinDCX, which is a key player in both regions, aims to capitalize on this boom.
Coinbase did not disclose the amount of its investment.
Reports earlier this year indicated that Coinbase was in advanced talks to acquire CoinDCX, especially after the latter suffered a hack worth $44 million. CoinDCX was expected to be valued at less than $1 billion.
Coinbase received approval to offer cryptocurrency trading services in India earlier in 2025. However, the platform has largely lagged behind competitors like Binance in capitalizing on the large cryptocurrency market in India, following a failed launch in early 2022.
India leads the world in cryptocurrency adoption, with data from CoinLedger showing that the country had nearly 119 million cryptocurrency users as of 2024.
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#CryptoMarketAnalysis $BTC
The prices of digital currencies rose during trading on Wednesday, supported by statements from American billionaire "Elon Musk" that support bitcoin, after years of criticizing it for environmental reasons.
Musk posted on the social media platform "X" yesterday, Tuesday: "Bitcoin is based on energy; it is possible to issue a fake paper currency, but it is impossible to counterfeit energy."
Digital currencies compensated for part of the losses they incurred in the previous session, as investors shunned high-risk assets due to renewed fears regarding trade tensions between the two largest economies in the world.
In today’s trading, the price of bitcoin rose by 0.3% to be traded at a level of $113204.31, after losing about 3.5% of its value in the previous session.
The world's most famous digital currency and the largest in terms of market capitalization accounted for about 58.5% of the total value of the cryptocurrency market.
As for the prices of other digital currencies, the price of Ethereum, the second largest digital currency by market capitalization, rose by 1% to reach $4150.39, after it dropped by about 7% yesterday.
The price of Ripple increased by about 1.3% to be traded at a level of $2.526, after it recorded wide losses yesterday that exceeded 7%.
The global market capitalization of digital currencies reached $3.84 trillion.
The prices of digital currencies rose during trading on Wednesday, supported by statements from American billionaire "Elon Musk" that support bitcoin, after years of criticizing it for environmental reasons.
Musk posted on the social media platform "X" yesterday, Tuesday: "Bitcoin is based on energy; it is possible to issue a fake paper currency, but it is impossible to counterfeit energy."
Digital currencies compensated for part of the losses they incurred in the previous session, as investors shunned high-risk assets due to renewed fears regarding trade tensions between the two largest economies in the world.
In today’s trading, the price of bitcoin rose by 0.3% to be traded at a level of $113204.31, after losing about 3.5% of its value in the previous session.
The world's most famous digital currency and the largest in terms of market capitalization accounted for about 58.5% of the total value of the cryptocurrency market.
As for the prices of other digital currencies, the price of Ethereum, the second largest digital currency by market capitalization, rose by 1% to reach $4150.39, after it dropped by about 7% yesterday.
The price of Ripple increased by about 1.3% to be traded at a level of $2.526, after it recorded wide losses yesterday that exceeded 7%.
The global market capitalization of digital currencies reached $3.84 trillion.
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#BinanceHODLerENSO $ETH
Investors' eyes are turning to Ethereum (ETH) after technical analyses on the weekly chart showed the formation of a "bull flag" pattern, indicating the possibility of a strong upward wave that could reach 76% if the bullish breakout is confirmed.
According to data from crypto.news, Ethereum is trading at $4,120 on Wednesday morning (Asia time), down about 6% from its peak of $4,382 recorded on Friday, and 16.7% from its all-time high of $4,946 achieved in late August.
During the weekend, Ethereum fell to $3,574 due to heavy selling that swept through the markets following U.S. President Donald Trump's announcement of new tariffs on Chinese goods, which included rare metals and critical software used in artificial intelligence technologies and tech infrastructure.
Although negotiations between Washington and Beijing are still ongoing ahead of the tariffs' implementation on November 1, a sense of anxiety prevails in the markets, as the Fear and Greed Index for cryptocurrencies shows a reading indicating continued caution and a decline in risk appetite among investors.
Investors' eyes are turning to Ethereum (ETH) after technical analyses on the weekly chart showed the formation of a "bull flag" pattern, indicating the possibility of a strong upward wave that could reach 76% if the bullish breakout is confirmed.
According to data from crypto.news, Ethereum is trading at $4,120 on Wednesday morning (Asia time), down about 6% from its peak of $4,382 recorded on Friday, and 16.7% from its all-time high of $4,946 achieved in late August.
During the weekend, Ethereum fell to $3,574 due to heavy selling that swept through the markets following U.S. President Donald Trump's announcement of new tariffs on Chinese goods, which included rare metals and critical software used in artificial intelligence technologies and tech infrastructure.
Although negotiations between Washington and Beijing are still ongoing ahead of the tariffs' implementation on November 1, a sense of anxiety prevails in the markets, as the Fear and Greed Index for cryptocurrencies shows a reading indicating continued caution and a decline in risk appetite among investors.
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October 14, 2025
Understanding the Fed’s Balance Sheet
Chair Jerome H. Powell
At the 67th Annual Meeting of the National Association for Business Economics, Philadelphia, Pennsylvania
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Thank you, Emily. And thank you to the National Association for Business Economics for the Adam Smith Award. It is an honor just to be mentioned alongside past recipients, including my predecessors Janet Yellen and Ben Bernanke. Thank you for this recognition and for the opportunity to speak with you today.
Monetary policy is more effective when the public understands what the Federal Reserve does and why. With that in mind, I hope to enhance understanding of one of the more arcane and technical aspects of monetary policy: the Federal Reserve's balance sheet. A colleague recently compared this topic to a trip to the dentist, but that comparison may be unfair—to dentists.1
Today, I will discuss the essential role our balance sheet played during the pandemic, along with some lessons learned. I will then review our ample reserves implementation framework and the progress we have made toward normalizing the size of our balance sheet. I will conclude with some brief remarks on the economic outlook.
Background on the Fed's Balance Sheet
One of the primary purposes of a central bank is to provide the monetary foundation for the financial system and the broader economy. This foundation is made of central bank liabilities. On the Fed's balance sheet, the liability side of the ledger totaled $6.5 trillion as of October 8, and three categories account for roughly 95 percent of that total.2 First, Federal Reserve notes—that is, physical currency—totaled $2.4 trillion. Second, reserves—funds held by depository institutions at the Federal Reserve Banks—totaled $3.0 trillion. These deposits allow commercial banks to make and receive payments and meet regulatory requirements. Reserves are the safest and most liquid asset in the financial system,
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Speeches
Speech
October 14, 2025
Understanding the Fed’s Balance Sheet
Chair Jerome H. Powell
At the 67th Annual Meeting of the National Association for Business Economics, Philadelphia, Pennsylvania
Share
Thank you, Emily. And thank you to the National Association for Business Economics for the Adam Smith Award. It is an honor just to be mentioned alongside past recipients, including my predecessors Janet Yellen and Ben Bernanke. Thank you for this recognition and for the opportunity to speak with you today.
Monetary policy is more effective when the public understands what the Federal Reserve does and why. With that in mind, I hope to enhance understanding of one of the more arcane and technical aspects of monetary policy: the Federal Reserve's balance sheet. A colleague recently compared this topic to a trip to the dentist, but that comparison may be unfair—to dentists.1
Today, I will discuss the essential role our balance sheet played during the pandemic, along with some lessons learned. I will then review our ample reserves implementation framework and the progress we have made toward normalizing the size of our balance sheet. I will conclude with some brief remarks on the economic outlook.
Background on the Fed's Balance Sheet
One of the primary purposes of a central bank is to provide the monetary foundation for the financial system and the broader economy. This foundation is made of central bank liabilities. On the Fed's balance sheet, the liability side of the ledger totaled $6.5 trillion as of October 8, and three categories account for roughly 95 percent of that total.2 First, Federal Reserve notes—that is, physical currency—totaled $2.4 trillion. Second, reserves—funds held by depository institutions at the Federal Reserve Banks—totaled $3.0 trillion. These deposits allow commercial banks to make and receive payments and meet regulatory requirements. Reserves are the safest and most liquid asset in the financial system,
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#CryptoMarketAnalysis $BTC
After a wave of losses, the cryptocurrency market has regained its momentum with a strong return of institutional investors, as Bitcoin and Ethereum ETFs saw record inflows on October 14.
Bitcoin spot funds recorded net inflows of $102.6 million, led by Fidelity FBTC investments of $133 million, followed by Bitwise BITB with $8 million, and Ark & 21Shares ARKB with $6.8 million. Meanwhile, BlackRock IBIT and Valkyrie BRRR experienced combined withdrawals totaling $44.85 million.
As for Ethereum funds, they attracted record net inflows of $236.2 million, led by Fidelity FETH which attracted $154.6 million, and Grayscale ETH & ETHE with $50 million, while BlackRock ETHA, 21Shares, and Invesco remained without any new movement.
This recovery comes after days of significant withdrawals on October 13, as Bitcoin funds saw an outflow of $326.5 million, and Ethereum funds lost $428.5 million, following sharp market volatility.
In terms of prices, Bitcoin rose by 0.34% to $112,431, while Ethereum surged more than 20% from its lows to reach $4,116, with a rapid recovery of key support levels.
After a wave of losses, the cryptocurrency market has regained its momentum with a strong return of institutional investors, as Bitcoin and Ethereum ETFs saw record inflows on October 14.
Bitcoin spot funds recorded net inflows of $102.6 million, led by Fidelity FBTC investments of $133 million, followed by Bitwise BITB with $8 million, and Ark & 21Shares ARKB with $6.8 million. Meanwhile, BlackRock IBIT and Valkyrie BRRR experienced combined withdrawals totaling $44.85 million.
As for Ethereum funds, they attracted record net inflows of $236.2 million, led by Fidelity FETH which attracted $154.6 million, and Grayscale ETH & ETHE with $50 million, while BlackRock ETHA, 21Shares, and Invesco remained without any new movement.
This recovery comes after days of significant withdrawals on October 13, as Bitcoin funds saw an outflow of $326.5 million, and Ethereum funds lost $428.5 million, following sharp market volatility.
In terms of prices, Bitcoin rose by 0.34% to $112,431, while Ethereum surged more than 20% from its lows to reach $4,116, with a rapid recovery of key support levels.
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#WhaleAlert $BTC
The cryptocurrency market is witnessing a day full of major developments, with unprecedented legal actions in the U.S., new institutional investments, and forecasts for record highs for the world's second-largest digital currency.
The U.S. Department of Justice announced a legal action to seize more than 127,000 Bitcoin, valued at approximately $14.4 billion, in one of the largest fraud cases in the history of the digital sector.
The case targets Cambodian businessman Chen Chi, founder of the Prince Holding Group, who is accused of leading an investment fraud network known as "pig butchering." The department confirmed that the seized Bitcoin is "currently in the possession of the U.S. government," noting that the operation may represent the largest addition to the U.S. national cryptocurrency reserve since its establishment by a decision from President Donald Trump last March.
At the same time, Coinbase Ventures, the investment arm of the U.S. Coinbase platform, announced a new investment in the Indian platform CoinDCX, based on a valuation of $2.45 billion, in a move that confirms Coinbase's efforts to expand its presence in the markets of India and the Middle East.
According to the company, CoinDCX serves over 20 million users in India and the UAE, with annual revenues of $141 million and an annual trading volume of $165 billion.
The cryptocurrency market is witnessing a day full of major developments, with unprecedented legal actions in the U.S., new institutional investments, and forecasts for record highs for the world's second-largest digital currency.
The U.S. Department of Justice announced a legal action to seize more than 127,000 Bitcoin, valued at approximately $14.4 billion, in one of the largest fraud cases in the history of the digital sector.
The case targets Cambodian businessman Chen Chi, founder of the Prince Holding Group, who is accused of leading an investment fraud network known as "pig butchering." The department confirmed that the seized Bitcoin is "currently in the possession of the U.S. government," noting that the operation may represent the largest addition to the U.S. national cryptocurrency reserve since its establishment by a decision from President Donald Trump last March.
At the same time, Coinbase Ventures, the investment arm of the U.S. Coinbase platform, announced a new investment in the Indian platform CoinDCX, based on a valuation of $2.45 billion, in a move that confirms Coinbase's efforts to expand its presence in the markets of India and the Middle East.
According to the company, CoinDCX serves over 20 million users in India and the UAE, with annual revenues of $141 million and an annual trading volume of $165 billion.
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