[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
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
CoinNess
Multicoin Capital says it has no plans to invest in pure AI projects - CoinNess
Multicoin Capital said it plans to stay focused on cryptocurrency rather than expand into AI projects, according to Bloomberg. Spencer Applebaum, a general part...
[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
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
CoinNess
Bitmine adds 12,535 ETH over the past week - CoinNess
Ethereum treasury company Bitmine (BMNR) 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%...
[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
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
CoinNess
Kaiko says BTC leverage down 20% since October washout, spot liquidity off 27% - CoinNess
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 cr...
[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
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
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
CoinNess
Latvia passes crypto tax overhaul to ease transfer-related tax burden - CoinNess
Latvia’s parliament has passed a bill to change how cryptocurrency is taxed and introduce a special disclosure program for previously held assets, NewsBTC rep...
[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
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
CoinNess
Whale opens $140M BTC and ETH long positions - CoinNess
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 t...
[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
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
CoinNess
Richard Byworth sees weaker BTC selling pressure, says $350K possible within a year - CoinNess
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 ...
[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
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
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
CoinNess
Jeffrey Huang’s net loss on Papertrade reaches $382K - CoinNess
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 Hyperli...
[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
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
CoinNess
Nine big tech firms oppose stock token listings on OKX-ICE platform - CoinNess
Nine major listed companies, including Broadcom, Verizon, UnitedHealth and CoreWeave, have formally exercised their right to reject stock token listings through...
[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
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
CoinNess
US stocks open mixed - CoinNess
The three major U.S. stock indices opened mixed today. - S&P 500: +0.54% - Nasdaq: +0.90% - Dow Jones: -0.05%
[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
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
CoinNess
SkyAI sells all 2M SOL, unveils $201.3M share buyback - CoinNess
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 ...
[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
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
CoinNess
Hyperliquid Policy Center urges SEC to clarify airdrop safe harbor rules - CoinNess
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 sa...
[Bitwise Chainlink ETF adds 127,241 LINK, holdings top 5.01 million]
Bitwise added 127,241 LINK, worth about $1.54 million, through its Chainlink ETF, bringing its total LINK holdings to 5.018 million tokens valued at about $60.21 million, according to on-chain analytics platform Arkham.
https://coinness.com/en/news/1172243
Bitwise added 127,241 LINK, worth about $1.54 million, through its Chainlink ETF, bringing its total LINK holdings to 5.018 million tokens valued at about $60.21 million, according to on-chain analytics platform Arkham.
https://coinness.com/en/news/1172243
CoinNess
Bitwise Chainlink ETF adds 127,241 LINK, holdings top 5.01 million - CoinNess
Bitwise added 127,241 LINK, worth about $1.54 million, through its Chainlink ETF, bringing its total LINK holdings to 5.018 million tokens valued at about $60.2...
[BTC falls below $82,000]
According to CoinNess market monitoring, BTC has fallen below $82,000. BTC is trading at $81,961.57 on the Binance USDT market.
https://coinness.com/en/news/1172244
According to CoinNess market monitoring, BTC has fallen below $82,000. BTC is trading at $81,961.57 on the Binance USDT market.
https://coinness.com/en/news/1172244
CoinNess
BTC falls below $82,000 - CoinNess
According to CoinNess market monitoring, BTC has fallen below $82,000. BTC is trading at $81,961.57 on the Binance USDT market.
[Aptos DeFi project Echo Protocol to shut down after about 2 years]
Echo Protocol, a DeFi project in the Aptos (APT) ecosystem, said via its official X account that it will shut down after about two years of operations. New deposits, borrowing and staking have been halted, leaving only repayments and withdrawals available. Borrowers must repay their loans by Nov. 14.
https://coinness.com/en/news/1172245
Echo Protocol, a DeFi project in the Aptos (APT) ecosystem, said via its official X account that it will shut down after about two years of operations. New deposits, borrowing and staking have been halted, leaving only repayments and withdrawals available. Borrowers must repay their loans by Nov. 14.
https://coinness.com/en/news/1172245
CoinNess
Aptos DeFi project Echo Protocol to shut down after about 2 years - CoinNess
Echo Protocol, a DeFi project in the Aptos (APT) ecosystem, said via its official X account that it will shut down after about two years of operations. New depo...
[Public firms' weekly BTC purchases jump to $360M, led by Strive]
Publicly listed companies worldwide, excluding mining firms, posted net Bitcoin purchases of $360 million last week, up 1,500% from two weeks earlier, according to SoSoValue.
Strive bought a total of 4,045 BTC, accounting for more than 90% of the total. Strategy purchased 267 BTC, while Metaplanet made no purchases. The Smarter Web Company bought 83 BTC, and Bitmine purchased one BTC. Global publicly listed companies now hold 1,161,643 BTC, equal to 5.8% of Bitcoin's circulating market capitalization.
https://coinness.com/en/news/1172246
Publicly listed companies worldwide, excluding mining firms, posted net Bitcoin purchases of $360 million last week, up 1,500% from two weeks earlier, according to SoSoValue.
Strive bought a total of 4,045 BTC, accounting for more than 90% of the total. Strategy purchased 267 BTC, while Metaplanet made no purchases. The Smarter Web Company bought 83 BTC, and Bitmine purchased one BTC. Global publicly listed companies now hold 1,161,643 BTC, equal to 5.8% of Bitcoin's circulating market capitalization.
https://coinness.com/en/news/1172246
CoinNess
Public firms' weekly BTC purchases jump to $360M, led by Strive - CoinNess
Publicly listed companies worldwide, excluding mining firms, posted net Bitcoin purchases of $360 million last week, up 1,500% from two weeks earlier, according...
[German savings bank group Sparkasse launches crypto trading service]
Sparkasse, Germany’s savings bank group, launched a cryptocurrency trading service on Oct. 19, local outlet Blocktrainer reported. The service is operated by major German bank DekaBank and allows users to trade five cryptocurrencies in the bank app: BTC, ETH, XRP, SOL and POL. More than 230 local savings banks have expressed interest in adopting the service.
https://coinness.com/en/news/1172247
Sparkasse, Germany’s savings bank group, launched a cryptocurrency trading service on Oct. 19, local outlet Blocktrainer reported. The service is operated by major German bank DekaBank and allows users to trade five cryptocurrencies in the bank app: BTC, ETH, XRP, SOL and POL. More than 230 local savings banks have expressed interest in adopting the service.
https://coinness.com/en/news/1172247
CoinNess
German savings bank group Sparkasse launches crypto trading service - CoinNess
Sparkasse, Germany’s savings bank group, launched a cryptocurrency trading service on Oct. 19, local outlet Blocktrainer reported. The service is operated by ...
[Tether invests in AI chip designer Tenstorrent]
USDT issuer Tether invested in AI chip designer Tenstorrent, Reuters reported. The investment helped Tenstorrent close its $1.5 billion Series E round at a $6.2 billion valuation.
The round was led by Trace Capital and Innovation X. Participants included ARK Invest, Fidelity, Morgan Stanley, SanDisk, Tether and Virtu Financial. Tenstorrent plans to use the proceeds for mass semiconductor production and business expansion.
https://coinness.com/en/news/1172248
USDT issuer Tether invested in AI chip designer Tenstorrent, Reuters reported. The investment helped Tenstorrent close its $1.5 billion Series E round at a $6.2 billion valuation.
The round was led by Trace Capital and Innovation X. Participants included ARK Invest, Fidelity, Morgan Stanley, SanDisk, Tether and Virtu Financial. Tenstorrent plans to use the proceeds for mass semiconductor production and business expansion.
https://coinness.com/en/news/1172248
CoinNess
Tether invests in AI chip designer Tenstorrent - CoinNess
USDT issuer Tether invested in AI chip designer Tenstorrent, Reuters reported. The investment helped Tenstorrent close its $1.5 billion Series E round at a $6.2...
[Zerohash launches AUTH transfer tool without wallet address copying]
Crypto infrastructure firm Zerohash has launched AUTH, a transfer service that does not require users to copy wallet addresses. AUTH supports multiple cryptocurrencies and tokenized stocks and integrates with more than 600 wallets and exchanges, The Block reported.
https://coinness.com/en/news/1172249
Crypto infrastructure firm Zerohash has launched AUTH, a transfer service that does not require users to copy wallet addresses. AUTH supports multiple cryptocurrencies and tokenized stocks and integrates with more than 600 wallets and exchanges, The Block reported.
https://coinness.com/en/news/1172249
CoinNess
Zerohash launches AUTH transfer tool without wallet address copying - CoinNess
Crypto infrastructure firm Zerohash has launched AUTH, a transfer service that does not require users to copy wallet addresses. AUTH supports multiple cryptocur...
[AnchorWatch launches insured BTC custody service with up to $370M coverage]
Nevada-based Bitcoin custodian AnchorWatch has launched an insured Bitcoin custody service with coverage of up to $370 million per client, The Block reported. Monthly custody fees are capped at $10,000, and the service is offered with approval from Nevada authorities. The coverage includes losses tied to kidnapping, physical harm and corporate fraud.
https://coinness.com/en/news/1172250
Nevada-based Bitcoin custodian AnchorWatch has launched an insured Bitcoin custody service with coverage of up to $370 million per client, The Block reported. Monthly custody fees are capped at $10,000, and the service is offered with approval from Nevada authorities. The coverage includes losses tied to kidnapping, physical harm and corporate fraud.
https://coinness.com/en/news/1172250
CoinNess
AnchorWatch launches insured BTC custody service with up to $370M coverage - CoinNess
Nevada-based Bitcoin custodian AnchorWatch has launched an insured Bitcoin custody service with coverage of up to $370 million per client, The Block reported. M...