[$526.7M returns to U.S. spot Bitcoin ETFs after one-day outflow]

U.S. spot Bitcoin ETFs recorded net inflows of $526.7 million on Oct. 19, reversing back to inflows after one trading day of net outflows, according to SoSoValue.
- BlackRock IBIT: +$665.2 million
- Fidelity FBTC: -$83.6 million
- Grayscale GBTC: -$54.9 million
https://coinness.com/en/news/1172306

[U.S. spot ETH ETFs log $103.28M in net outflows]

U.S. spot ETH ETFs saw $103.28 million in net outflows on Oct. 19, extending the streak to four consecutive trading days, according to SoSoValue.
- BlackRock ETHA: -$95.4 million
- Grayscale ETHE: -$1.92 million
- Fidelity FETH: -$5.96 million
https://coinness.com/en/news/1172307

[France’s AMF adds illegal crypto service websites to warning list]

France’s financial markets regulator, the AMF, has published a new list of illegal cryptocurrency and related service websites identified in the third quarter. The list includes alphaairobot.com, bitgrokapp.com, cryptobullbear.com and investpathline.com.

The AMF said it has added 64 unlicensed crypto-related websites to the list so far in 2026. The regulator added that the list is updated regularly, but it does not include every illegal website. Investors can check the whitelist of crypto-asset service providers, or PSCA, on the AMF’s official website to verify whether a platform is authorized to operate in France.
https://coinness.com/en/news/1172308

[Altcoin leverage remains elevated, raising risk of large long liquidations]

High leverage levels in the altcoin market are persisting, increasing the risk that further price declines could trigger liquidations of long positions, Glassnode said.

The on-chain analytics firm said altcoin prices have corrected since leverage peaked earlier this month, but more than 40% of large-cap altcoins still carry leverage close to their highest levels of the year. If altcoin prices fall sharply again, liquidation pressure could intensify, particularly in leveraged long positions.
https://coinness.com/en/news/1172309

[Sh Suhyup Bank completes stablecoin-based financial services PoC]

Sh Suhyup Bank said on Oct. 20 it completed a proof of concept for stablecoin-based banking services with fintech security company Aton.

The bank said the PoC confirmed the technical feasibility of using stablecoins across a broad range of banking operations, including savings products, loans and overseas remittances.
https://coinness.com/en/news/1172310

[Japan’s FSA weighs stablecoins for restricted subsidies such as child care, food]

Japan’s Financial Services Agency is reviewing the use of stablecoins and tokenized deposits to distribute subsidies earmarked for limited purposes such as child care and food, CoinPost reported.

According to minutes from the first meeting of an on-chain finance forum for the AI era released by the agency on Oct. 19, Japan’s Digital Agency plans to examine the related technical feasibility and how such payments would be treated under existing laws and regulations. The meeting also discussed tokenizing current account deposits at the Bank of Japan, enabling on-chain use of government bonds, and building next-generation interbank payment infrastructure. Experts stressed the need for a phased approach through small-scale pilot projects to make on-chain finance practical, while also raising concerns that if Japanese financial institutions fall behind as major overseas companies advance tokenization and stablecoin use cases, payment operations by Japanese and broader Asian companies could shift overseas.
https://coinness.com/en/news/1172311

[Robinhood Chain daily gas fees plunge 99.6%, analyst says]

Robinhood Chain’s daily gas fees plunged 99.6% to $34,000 on Oct. 18 from $8.4 million on Sept. 4, according to cryptocurrency analyst The Smart Ape.

Compared with the chain’s busiest day on Oct. 14, fee revenue over the most recent 14 days fell 92% for Pons V2, 96% for GMGN and 94% for Axiom. The median drawdown for memecoins on the chain from their all-time highs reached 97%, while 72% of all memecoins were down more than 90% from their peaks. By contrast, total value locked hit a record $1.05 billion. Last week, active wallets totaled 873,000 and gas fee revenue came to about $345,000. Of total TVL, about $480 million was concentrated in two stablecoin lending markets on Morpho, which The Smart Ape analyzed as being tied mainly to leveraged arbitrage.
https://coinness.com/en/news/1172312

[Wintermute holds $69.6M in short positions on Hyperliquid]

Crypto market maker Wintermute holds $81.36 million in total positions on Hyperliquid, with 85.5% of that, or about $69.59 million, in short positions, according to Onchain Lens.

Its main positions include a $22.61 million 15x short on ETH, a $12.65 million 20x short on SOL, and a $4.2 million 10x short on XRP.
https://coinness.com/en/news/1172313

[U.S. SEC ends comment period on crypto asset rule, receives about 140 submissions]

The U.S. SEC has ended its public comment period for the new 'Regulation Crypto Assets' proposal, with about 140 submissions received during the 60-day window, Cointelegraph reported.
https://coinness.com/en/news/1172314

[South Korea vice finance minister calls for crypto tax infrastructure, market rules]

South Korea’s First Vice Finance Minister Kwon Dae-young said the principle of taxing income where it arises should be respected, adding that tax infrastructure and a market discipline framework need to be in place for that principle to take hold properly in the virtual asset market, Chosun Biz reported.

Speaking at a closed-door meeting with virtual asset industry participants and experts held at the Seoul Regional Procurement Service on today, Kwon said virtual assets are seeing new transactions and services emerge rapidly as technology develops, while cross-border trading is also becoming more active. Kwon added that the tax system also needs to be carefully designed and operated in a way that fully reflects both taxation principles and changing market conditions, as well as the characteristics of such transactions.
https://coinness.com/en/news/1172315
See more: https://biz.chosun.com/policy/policy_sub/2026/10/20/I24PLGRQDZDBFCJ5P737GCYULI/?utm_source=naver&utm_medium=original&utm_campaign=biz

[MrBeast-linked Beast Holdings cleared for US trademark registration in crypto finance]

MrBeast-linked Beast Holdings, LLC has received notices of allowance from the U.S. Patent and Trademark Office for two financial service trademarks covering cryptocurrency trading and payment services, Odaily reported. The company had previously filed trademark applications for "MRBEAST FINANCIAL" and "BEAST FINANCIAL" on Oct. 13 last year.
https://coinness.com/en/news/1172316

[Ethereum Institutional hires ex-Coinbase research head for U.S. business role]

Ethereum Institutional has hired David Duong, Coinbase’s former global head of institutional research, as head of its U.S. business, The Block reported. Duong led global investment research at Coinbase and previously worked in sell-side macro strategy roles at HSBC, Santander and Deutsche Bank.
https://coinness.com/en/news/1172317

[Bithumb to suspend deposits, withdrawals for 48 Solana-based tokens]

South Korean exchange Bithumb announced it will temporarily suspend deposits and withdrawals for 48 Solana-based tokens starting at 9:00 a.m. UTC on Oct. 21 to support a Solana network upgrade.

The affected assets are as follows:
- DoubleZero (2Z)
- Access Protocol (ACS)
- Arcium (ARX)
- Moonbird (BIRB)
- Bubblemaps (BMT)
- BONK (BONK)
- CUDIS (CUDIS)
- deBridge (DBR)
- Doodles (DOOD)
- GEODNET (GEOD)
- Grass (GRASS)
- Helium (HNT)
- HoloWorld AI (HOLO)
- Huma Finance (HUMA)
- io.net (IO)
- Jito (JTO)
- Jupiter (JUP)
- Kamino Finance (KMNO)
- Solayer (LAYER)
- Mayflower (MAY)
- Magic Eden (ME)
- Meteora (MET)
- MetaDAO (META2)
- cat in a dogs world (MEW)
- MOODENG (MOODENG)
- Metaplex (MPLX)
- Orca (ORCA)
- Pudgy Penguins (PENGU)
- PONKE (PONKE)
- Popcat (POPCAT)
- Pearl (PRL)
- Pump.fun (PUMP)
- Pyth Network (PYTH)
- Raydium (RAY)
- Render Token (RENDER)
- ROA Core (ROA)
- Seeker (SKR)
- Solstice (SLX)
- SNS (SNS)
- Solana (SOL)
- Sonic SVM (SONIC)
- SOON (SOON)
- Official Trump (TRUMP)
- Global Dollar (USDG)
- USELESS (USELESS)
- Wormhole (W)
- Humidifi (WET)
- dogwifhat (WIF)
https://coinness.com/en/news/1172318

[Upbit to temporarily suspend BABY deposits, withdrawals on Oct. 22]

South Korean exchange Upbit announced it will temporarily suspend BABY deposits and withdrawals from 9:00 a.m. UTC on Oct. 22 due to the Babylon network upgrade.
https://coinness.com/en/news/1172319

[BTC risks deeper decline if it fails to hold $80.4K: Adler]

The key support level for assessing whether Bitcoin faces further losses is $80,400, on-chain analyst Axel Adler Jr. said. Adler said BTC fell about 6% from $86,700 on Oct. 2 to $81,600 today, while the BTC market structure indicator dropped to -0.32 from +0.37 a week earlier but remained above the bearish reversal threshold of -0.5. Adler said the move can still be seen as a normal correction if BTC holds $80,400, the lower end of its range over the past three weeks. If that support breaks and the indicator falls below -0.5, however, BTC could shift into a broader downtrend.

Adler added selling pressure also remains dominant in the futures market. The buy/sell strength indicator has stayed below its 50 baseline since Oct. 17 and fell to 46 after failing to break back above 50 during a rebound attempt yesterday, Adler said. A clear recovery above 50 in the futures market indicator would be an early sign of buying interest returning, Adler said.
https://coinness.com/en/news/1172320

[Hanwha Asset Management books $114M valuation loss on Bitmine investment]

South Korea’s Hanwha Asset Management recorded an unrealized loss of about 157.5 billion won ($114 million) on its investment in Ethereum treasury company Bitmine, The Views reported on Oct. 20.

According to the report, Hanwha Asset Management acquired 3 million Bitmine shares for about 219.1 billion won on Oct. 16 last year. As Bitmine’s share price fell, the carrying value of the stake dropped to 116.9 billion won at the end of last year and then to 61.6 billion won in June this year, down about 71.9% from the initial purchase price.

Two days before the investment, Hanwha Asset Management had raised its risk exposure limit to 143 billion won from 107 billion won, the outlet said. About two months later, on Dec. 17, parent company Hanwha Life is said to have granted ex post approval.
https://coinness.com/en/news/1172321
See more: https://theviewers.co.kr/View.aspx?No=4269723

[XRP whale Binance withdrawals fall to lowest level in about 5 years]

Crypto analyst Darkfost said XRP whale withdrawals from Binance have fallen to their lowest level in about five years. Darkfost said the 90-day moving average of XRP whale withdrawals from Binance stood at $49.7 million, the lowest since October 2021.

Asset transfers from exchanges to external wallets are typically seen as accumulation, he said, adding that the slowdown in such withdrawal activity may signal weakening interest in XRP among large investors. Darkfost also said whale behavior shifted significantly after XRP rose to around $3.3, with current withdrawal volumes at roughly one-70th of that earlier level.
https://coinness.com/en/news/1172322

[CySync temporarily halts Cosmos explorer after $720K hack]

CySync said access to its Cosmos explorer has been temporarily suspended and recovery work is under way after a $720,000 hack over the weekend. The company said mainnet operations were not affected.

CySync also said its cross-chain bridge service, which was suspended following the recent security incident, remains offline. Funds tied to pending bridge transactions are being safely held in a smart contract, and the company plans to process the outstanding transactions once the bridge service is safely restored. It did not disclose a specific timeline for resuming the service.
https://coinness.com/en/news/1172323

[Revolut works to restore multiple services after outage]

UK fintech company Revolut said multiple services were disrupted and restoration work is underway. In a post on its official X account, the company said, "currently several services are experiencing issues," and added all customer funds and data remain secure.
https://coinness.com/en/news/1172324

[CoinNess restricts posts and comments by new users for first 24 hours]

We are restricting posts and comments by newly registered users for 24 hours after sign-up to strengthen platform and user data security following a series of attempted hacking attacks on CoinNess.

We ask for users’ understanding and cooperation. We will continue working to foster a healthy community culture and provide stable service.
https://coinness.com/en/news/1172325

[Analyst sees BTC sliding to $75K if $80K support breaks]

Cryptocurrency analyst Michaël van de Poppe identified $80,000 as a key support level for Bitcoin and said a break below that level could accelerate losses toward $75,000.

Van de Poppe said Bitcoin had recently risen to $87,000 before pulling back to around $81,600, adding that the current correction is not a major cause for concern. Van de Poppe said selling pressure could expand sharply if BTC falls below the key $80,000 support, while a hold above $80,000 followed by a break through $83,000 resistance could allow the uptrend to continue through much of the fourth quarter.
https://coinness.com/en/news/1172326