[ENS DAO starts vote to activate ENSv2 on Ethereum mainnet]

Ethereum Name Service’s ENS DAO has begun an on-chain governance vote to activate ENSv2 on the Ethereum mainnet. The proposal consists of 15 actions to be executed in a batch through DAO-managed smart contracts, and if any one of them fails, none of the changes will be applied. If the proposal passes and is executed, renewed legacy domains that have not migrated to ENSv2 will also be subject to the new fee structure.
https://coinness.com/en/news/1172221

[Strategy buys 267 BTC]

Strategy said it bought 267 BTC.
https://coinness.com/en/news/1172222

[Strive buys 1,223 more BTC, bringing total holdings to 36,818 BTC]

Strive announced it bought an additional 1,223 BTC at an average price of $81,734 between Oct. 14 and Oct. 16 last week, bringing its total Bitcoin holdings to 36,818 BTC. The company also said settlement for its SATS preferred stock IPO, aimed at fundraising, is scheduled to be completed on Oct. 20, and it will maintain its existing Dividend Reserve policy covering 18 months of dividend accruals to protect preferred shareholders.
https://coinness.com/en/news/1172223

[Super League shareholders approve Metaplanet’s 2,100 BTC contribution plan]

Nasdaq-listed Super League shareholders have approved Metaplanet’s planned 2,100 BTC contribution and the creation of Superplanet, a U.S. Bitcoin treasury platform, Solid Intel reported.

Metaplanet, described in the source as a Japan-listed Bitcoin strategy accumulation company, had previously said it invested 2,100 BTC in Super League to launch Superplanet. Once the third-party allotment capital increase is completed, Super League will change its name to Superplanet, Inc., and Metaplanet will hold about 95.7% of Superplanet’s outstanding shares, making it a consolidated subsidiary.
https://coinness.com/en/news/1172224

[WLFI stablecoin USD1 market cap drops $400M in two weeks on large redemptions]

World Liberty Financial’s stablecoin USD1 saw its market capitalization shrink by more than $400 million over the past two weeks to $4.02 billion as of Oct. 19, down 9.1%, as large-scale redemptions hit the token.

On-chain data showed that between Oct. 6 and Oct. 15, redemptions and token burns totaled $184.6 million on Ethereum and $200.43 million on BNB Chain. Most of the redeemed supply on BNB Chain was traced to a single unidentified whale address. Over the same period, supply on the Solana network remained unchanged at $1.42 billion.
https://coinness.com/en/news/1172225

[DeFi Development bought 3,983 SOL over the past week]

Solana treasury company DeFi Development announced it bought 3,983 SOL over the past week, bringing its total holdings to about 2,590,266 SOL.
https://coinness.com/en/news/1172226

[Cardano founder develops new blockchain programming language]

Cardano founder Charles Hoskinson said he is developing a new blockchain programming language that combines users’ transaction intent with cryptographic proof functions, Cointelegraph reported. Hoskinson said he is working on the project with Lucas Rosa, a co-developer of Aiken, Cardano’s main smart contract language. He said the language would be the first to combine transaction intent with cryptographic proofs that verify compliance with rules. The new language is set to support three core features: Transaction Intents, Proof-Carrying Data, and Groth16 proofs.
https://coinness.com/en/news/1172227

[Circle drops overage fees for USDC, EURC redemptions on Circle Mint]

Circle has eliminated overage fees for USDC and EURC redemptions on its institutional platform Circle Mint, effective with the settlement cycle starting Oct. 19.

Under the change, institutional clients can choose between Standard redemptions, which carry no fee and take two business days, and Express redemptions, which are processed in real time with a 0.05% fee. Circle also said Express users will receive redemption-fee credits of up to 100% for transactions of $100 million or more when net minting during the settlement period exceeds redemption volume.
https://coinness.com/en/news/1172228

[Multicoin Capital says it has no plans to invest in pure AI projects]

Multicoin Capital said it plans to stay focused on cryptocurrency rather than expand into AI projects, according to Bloomberg. Spencer Applebaum, a general partner at Multicoin and co-head of its venture capital unit, said some crypto investment firms including Paradigm, Framework Ventures and Haun Ventures are broadening their investment scope into areas such as AI, but Multicoin plans to maintain its existing specialization.

Applebaum also said HYPE remains the largest position in Multicoin’s hedge fund. The firm currently has $2.7 billion in assets under management.

Bloomberg reported that Multicoin’s $422 million venture capital fund, raised in 2022, has deployed capital slowly after the FTX collapse drove down startup valuations.
https://coinness.com/en/news/1172229

[Bitmine buys 12,535 more ETH over the past week]

Bitmine said it bought an additional 12,535 ETH over the past week, bringing its total holdings to 6,041,500 ETH, or about 4.9% of total ETH supply. The Ethereum treasury strategy company said it has roughly 60,000 ETH left to buy before reaching its 5% target.

Bitmine Chairman Tom Lee had previously said the company would stop making additional purchases after reaching its goal of holding 5% of total ETH supply. The company also holds 215 BTC.
https://coinness.com/en/news/1172230

[Kaiko says BTC leverage down 20% since October washout, spot liquidity off 27%]

Bitcoin market leverage has declined since the $19 billion crypto liquidation event in October last year, but spot liquidity has yet to recover, according to crypto market data firm Kaiko.

BTC open interest in perpetual futures was down about 16% in BTC terms from before the Oct. 10, 2025 liquidation event. The leverage-to-market-depth ratio fell to around 55x from an average of 73.5x before the event, remaining about 20% lower. Kaiko said lower leverage reduces the risk of short-term cascading liquidations, while thinner liquidity has also reduced the market’s capacity to absorb large orders, leaving prices still vulnerable to volatility.
https://coinness.com/en/news/1172231

[ETH options show rising demand for downside protection]

Demand for protection against price declines in the ETH options market is rising, pushing up put-option premiums and implied volatility, Crypto Briefing reported. Over the weekend, implied volatility for seven-day ETH put options was as much as 8 percentage points higher than for call options, while seven-day ETH implied volatility rose by around 10 percentage points. By contrast, BTC implied volatility edged up to 33% from under 30% since Friday.

Price action also diverged. ETH fell about 8% over the past 30 days, while BTC rose 1.5%. In that context, Block Scholes research analyst Tabib Rahman said both assets have seen wider short-term put-call skew since early October, signaling growing investor demand to hedge downside risk.
https://coinness.com/en/news/1172232

[Latvia passes crypto tax overhaul to ease transfer-related tax burden]

Latvia’s parliament has passed a bill to change how cryptocurrency is taxed and introduce a special disclosure program for previously held assets, NewsBTC reported.

Under the new tax framework, transfers between cryptocurrencies within an account will not automatically trigger taxation, and tax will apply only when withdrawals from the account exceed cumulative deposits. Investors, however, must keep records that can verify deposit and withdrawal histories. The bill also creates a one-time disclosure program for investors who have difficulty confirming the acquisition cost of cryptocurrencies bought in the past. Eligible holders can formally declare existing assets by paying 10% of the value of holdings as of the end of this year.
https://coinness.com/en/news/1172234

[Whale opens $140M BTC and ETH long positions]

A whale investor opened a 12x long position in 1,236 BTC worth about $102.2 million and a 6x long position in 15,928 ETH worth about $38.67 million, according to Lookonchain.
https://coinness.com/en/news/1172235

[Richard Byworth sees weaker BTC selling pressure, says $350K possible within a year]

Hedge fund structuring specialist Richard Byworth said Bitcoin’s selling pressure has eased sharply and could help the asset reach a new all-time high before year-end, with a potential move to $350,000 within about a year, according to an interview with Bitcoin Magazine.

Byworth said the current level of BTC sell-side exhaustion had reached an all-time high. While the market has not shown extreme bearish sentiment, Byworth said multiple on-chain indicators point to a clear bottoming signal. With BTC trading slightly above $80,000 in recent weeks, Byworth said a bottom had formed at $58,000. Byworth also said Strive bought an amount of BTC in a single transaction over the past week equal to three times the weekly volume of newly issued BTC, adding the next rally was only a matter of time.
https://coinness.com/en/news/1172236

[THORChain to restart Rujira service after v3.21 security upgrade]

THORChain (RUNE) will restart its Rujira service through a v3.21 upgrade aimed at addressing security vulnerabilities, The Defiant reported. The upgrade is scheduled for around Oct. 23 at block height 28,366,100. Ahead of the service resumption, Rujira plans to request a conditional 24-hour liquidation grace period for borrowers.
https://coinness.com/en/news/1172237

[Jeffrey Huang’s net loss on Papertrade reaches $382K]

Jeffrey Huang, the Taiwanese singer known as Machi Big Brother, lost most of the $261,000 deposited yesterday while continuing to post trading losses on Hyperliquid-based perpetual futures DEX Papertrade, according to Lookonchain. The account balance now stands at $5,682, and cumulative trading losses have reached $779,000. Still, after receiving $394,000 in rewards through USDC staking, Huang’s net loss was estimated at about $382,000.
https://coinness.com/en/news/1172238

[Nine big tech firms oppose stock token listings on OKX-ICE platform]

Nine major listed companies, including Broadcom, Verizon, UnitedHealth and CoreWeave, have formally exercised their right to reject stock token listings through OKXICE, a joint platform formed by OKX and Intercontinental Exchange, the parent of the New York Stock Exchange.

Under the U.S. SEC’s innovation exemption framework dated Sept. 17, third-party platforms must notify issuers in advance before tokenizing and listing shares, and issuers have 30 days to object to the listing. The specific reasons for the objections were not disclosed, though the move was seen as reflecting concerns over shareholder protection and distribution control. Despite on-chain RWA and stablecoin assets surging to $320 billion, tensions over leadership in tokenized stocks between major traditional financial firms and listed companies are expected to persist for the time being.
https://coinness.com/en/news/1172239

[US stocks open mixed]

The three major U.S. stock indices opened mixed today.
- S&P 500: +0.54%
- Nasdaq: +0.90%
- Dow Jones: -0.05%
https://coinness.com/en/news/1172240

[SkyAI sells all 2M SOL, unveils $201.3M share buyback]

Nasdaq-listed SkyAI, formerly SHOPS Technology, has sold all of its Solana holdings over several days, reducing its SOL position from more than 2 million as of September to zero by Oct. 16, The Block reported. The asset sale secured $223.8 million in cash, and the company announced a share buyback program of up to $201.3 million at $3 per share or warrant using the proceeds.
https://coinness.com/en/news/1172241

[Hyperliquid Policy Center urges SEC to clarify airdrop safe harbor rules]

Hyperliquid’s think tank, the Hyperliquid Policy Center, urged the U.S. SEC to introduce a new Regulation Crypto Assets framework and provide more specific safe harbor rules for airdrops. The group argued current safe harbor conditions are overly stringent, leaving many decentralized projects unable to qualify.

It also said the SEC should correct what it described as a mistaken interpretation that administrative steps investors take to receive airdrops, including wallet linking and claims procedures, constitute monetary consideration, which then serves as a basis for determining whether a token is a security.
https://coinness.com/en/news/1172242