[24-hour crypto futures liquidations]

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $58.86 million liquidated (82.44% shorts)
- ETH: $91.24 million liquidated (68.28% shorts)
- ZEC: $14.52 million liquidated (83.91% shorts)
https://coinness.com/en/news/1172452

[HTX analyst sees BTC rangebound at $80K-$84K before Fed rate decision]

Bitcoin is likely to trade sideways in the $80,000-$84,000 range until the Federal Open Market Committee rate decision, HTX chief analyst Cloud said, according to BlockBeats.

Cloud said BTC spot ETFs have seen net outflows over the past two weeks, but exchange-held BTC has continued to decline and long-term holders have not sold in large size, leaving selling and buying pressure balanced. Cloud added the market is struggling to pick a direction ahead of the rate decision.

Cloud said near-term downside risk is somewhat higher as funding rates remain elevated and put option demand persists. Even so, any drop below $80,000 would likely be temporary after Bitcoin found support there several times over the past month.

Cloud identified three signals for confirming an upside breakout:
- A daily BTC close above $84,200
- More than $500 million in cumulative net ETF inflows over three days
- Funding rates at 15% or lower

For a downside breakout, Cloud pointed to:
- A drop below $79,800
- More than $500 million in weekly net ETF outflows
- A shift to net BTC inflows to exchanges
https://coinness.com/en/news/1172453

[Santiment says XRP, DOGE show buying opportunities in on-chain data]

XRP and DOGE are in relatively favorable buying zones based on on-chain indicators, according to on-chain analytics firm Santiment.

Santiment said DOGE’s latest 365-day MVRV (Market Value to Realized Value), an on-chain indicator that shows the market’s aggregate unrealized profit and loss, stood at around 0.74, highlighting notable average unrealized losses among investors versus major cryptocurrencies. XRP also posted 0.92, indicating recent buyers were on average sitting on losses. By contrast, the 365-day MVRV for BTC, ETH, and LINK ranged from 0.97 to 1.04, suggesting neutral conditions. With investors’ average profit and loss near break-even, no clear signal pointed to profit-taking pressure or the risk of large-scale capitulation. Santiment added that higher MVRV levels can coincide with increased profit-taking supply, while lower levels may indicate selling pressure is being exhausted.
https://coinness.com/en/news/1172454

[BTC spot ETFs log $23.2M in net inflows for second straight trading day]

U.S. spot BTC ETFs recorded $23.2 million in net inflows on Oct. 20, marking a second straight trading day of net inflows, according to Farside Investors.
- BlackRock IBIT: +$29.9 million
- Fidelity FBTC: +$3.6 million
- Bitwise BITB: -$10.3 million
https://coinness.com/en/news/1172455

[Animoca Brands says AI agents can directly manage blockchain-based digital assets]

Blockchain gaming developer and investor Animoca Brands highlighted the potential of blockchain technology to support digital asset ownership and trading by AI agents. The company said it is integrating identity verification and permission management through its Moca Network so AI agents can securely manage and trade digital assets. The technology is designed to let AI agents operate wallets under pre-set permissions and record transaction histories on-chain. Animoca Brands said the approach moves beyond existing human-centered digital asset management methods.
https://coinness.com/en/news/1172456

[Real Vision analyst says crypto is evolving into core global financial infrastructure]

Jamie Coutts, a crypto market analyst at Real Vision, said the cryptocurrency industry is developing into global financial infrastructure as data transparency improves and real-world services expand.

Coutts said the $2 trillion-$3 trillion crypto market has long been difficult to analyze because of opaque project information, inconsistent data, and limited oversight by regulators. He added that data quality has recently improved, while some projects have also made progress in token value accrual structures and supply management. Coutts said the sharp rise in projects launching actual products was particularly encouraging, with some already attracting users. Over the next several years, he said, millions of users and billions of AI agents could flow into blockchain networks. He added that as traditional financial institutions expand blockchain adoption and the AI agent economy enters its early growth phase, the crypto industry is emerging as new infrastructure connecting global finance and commerce.
https://coinness.com/en/news/1172457

[U.S. spot ETH ETFs see $26.1M outflow for fifth straight trading day]

U.S. spot Ethereum ETFs recorded net outflows of $26.1 million on Oct. 20, extending the streak to a fifth consecutive trading day, according to Farside Investors.
- BlackRock ETHA: -$33 million
- Fidelity FETH: +$3.6 million
- Grayscale ETH: +$3.3 million
https://coinness.com/en/news/1172458

[Dragonfly partner says report on Polymarket CEO spending distorts facts]

Dragonfly Capital Managing Partner Haseeb Qureshi pushed back on allegations that Polymarket CEO Shane Coplan misused company funds, saying on X that reports claiming Coplan was caught using company money improperly seriously distorted the facts.

Qureshi said Coplan ran the company without taking a salary at the time and disclosed all expenses. Air travel was entirely for business purposes, Qureshi said, adding that on an annualized basis, the total spending was roughly equal to a software engineer's salary. Qureshi also said the bookkeeping cleanup and reimbursement process was initiated voluntarily by Coplan, not after anyone caught the issue. After fully repaying the company, Coplan began receiving a normal salary, Qureshi said, adding the matter was an accounting issue rather than one of integrity and that, as an investor, Qureshi fully trusts Coplan.

Earlier, Bloomberg reported Coplan spent company funds on personal expenses and that Founders Fund identified the issue during its 2025 investment review process and demanded repayment.
https://coinness.com/en/news/1172459

[Solana transaction failure rate falls to 30.6%, analyst says]

Solana’s transaction failure rate fell from 44.5% to 30.6% alongside a reduction in target slot time, Blockworks Research analyst Sam Schubert said in an analysis posted on X.

According to Blockworks Research data comparing periods when Solana’s target slot time was 400 milliseconds and 200 milliseconds, the share of failed transactions among those included in blocks, excluding validator consensus vote transactions, declined from 44.5% to 30.6%. The share of failed transactions in total compute usage, excluding vote transactions, also dropped from 29.8% to 20.9%. Schubert said this meant a larger share of compute resources was being used for transactions that actually succeeded. Blockworks Research added it could not conclude the shorter slot time was the cause of the lower failure rate.
https://coinness.com/en/news/1172460

[Strive raises $630M through preferred stock offering]

Bitcoin treasury company Strive has raised $630 million through a preferred stock offering, The Block reported. Strive completed an IPO of 7 million SATS preferred shares carrying a 15% dividend rate, with the deal size increased from the original plan. The company had previously said it could use the proceeds to buy additional BTC and invest in yield-generating assets.
https://coinness.com/en/news/1172461

[PPP says it will seek deal with DP on digital asset taxation]

South Korea’s People Power Party said it will try to reach an agreement with the ruling Democratic Party on taxation of virtual assets, according to Digital Asset.

Speaking to reporters after a press conference at the National Assembly Communication Hall in Yeouido, Seoul on Oct. 21, Park Soo-young, deputy head of policy at the People Power Party, said the party would naturally seek consultations between the rival parties’ floor-level policy officials on the tax issue, but it was difficult to predict the outcome. Park said that was because the Democratic Party had not yet unified its position as party policy.

No agreement has been reached with the Democratic Party on digital asset taxation, the report said. Park added that although a bill to delay digital asset taxation had also been proposed within the Democratic Party, it had not become official party policy, making it unclear what conclusion lawmakers would reach during the bill review process in November.
https://coinness.com/en/news/1172462
See more: https://www.digitalasset.works/news/articleView.html?idxno=43727

[Upbit to temporarily suspend GRAM deposits and withdrawals]

South Korean crypto exchange Upbit announced a temporary suspension of deposits and withdrawals for GRAM due to wallet maintenance.
https://coinness.com/en/news/1172463

[BNB Standard to ring Nasdaq opening bell on Oct. 26]

Nasdaq-listed BNB Standard Corporation (BNC) said it will ring the opening bell at Nasdaq in New York’s Times Square at 9:30 a.m. on Oct. 26. The company was previously named CEA Industries, a Nasdaq-listed firm focused on BNB investments.
https://coinness.com/en/news/1172464

[BTC perp long/short ratios on top exchanges by open interest]

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest:
Overall: 51.99% long, 48.01% short
- Binance: 50.98% long, 49.02% short
- OKX: 50.43% long, 49.57% short
- Bybit: 52% long, 48% short
https://coinness.com/en/news/1172465

[BTC spot CVD chart at 3:00 p.m. UTC on Oct. 21]

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section represents cumulative volume delta, or CVD.

- The volume heatmap in the upper section tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels.
- The cumulative volume delta indicator in the lower section reflects buy and sell orders by order size. As buy orders increase, the line for the corresponding color rises. The yellow line tracks orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.
https://coinness.com/en/news/1172466

[SquidSquad linked to laundering $2.84M in stolen crypto, analyst says]

North Korean-linked hacking group SquidSquad appears to have laundered $2.84 million in cryptocurrency stolen from an institution, on-chain analyst ZachXBT said on Telegram. ZachXBT said SquidSquad stole the institution’s funds on BNB Smart Chain on Oct. 8, then deposited 1,111.2 ETH into crypto mixing protocol Tornado Cash on Oct. 20 and withdrew the funds across three addresses. The funds later moved to two addresses linked to North Korean-associated wallets. ZachXBT added the group appears to have used an OTC desk with Chinese roots to avoid a Tether freeze.
https://coinness.com/en/news/1172468

[Blockchain.com, Binance.US apply to enter U.S. prediction market business]

Crypto platforms Blockchain.com and Binance.US have each submitted applications to offer prediction market services in the U.S., The Block reported, citing the Financial Times. The move is part of efforts to diversify their businesses and secure new revenue streams as the cryptocurrency market remains in a prolonged slump.
https://coinness.com/en/news/1172469

[Ulsan police chief says KOK token case probe will continue]

Ulsan Metropolitan Police Agency Commissioner Choi Bohyeon said the investigation into the KOK Coin, or KOK token, multilevel fraud case is ongoing and will continue beyond the previously recognized 404.4 billion won ($292.0 million) in damages, according to Edaily.

During a National Assembly audit by the Public Administration and Security Committee on Oct. 21, Democratic Party lawmaker Yang Bu-nam urged a swift and active investigation into the case. Choi responded the probe is continuing and would proceed further in addition to the 404.4 billion won tied to a pre-indictment court-approved asset forfeiture and preservation order. After Yang stressed that the case had left many victims devastated, Choi said he would proceed accordingly.

Prosecutors estimate the KOK token case was a multilevel virtual asset fraud scheme that affected 570,707 people in South Korea and overseas and caused total losses of 2.5759 trillion won ($1.86 billion).
https://coinness.com/en/news/1172470
See more: https://www.edaily.co.kr/News/Read?newsId=04067206645615216&mediaCodeNo=257&utm_source=naver&utm_medium=referral&utm_campaign=news_syndication&utm_content=original_article

[MEXC to halt services in Russia and Belarus]

MEXC announced it will halt services in Russia and Belarus to comply with global regulations. The move is seen as tied to the risk of secondary sanctions in the European Economic Area, or EEA. Bitget had previously designated Russia, Belarus and Kazakhstan as restricted jurisdictions.
https://coinness.com/en/news/1172471

[Cardano plans up to 15x increase in transaction capacity in next upgrade]

Cardano plans to integrate the new Leios consensus technology into its next Dijkstra upgrade, gradually expanding transaction processing capacity by as much as 15 times from current levels, CoinPost reported. The Dijkstra upgrade is expected to roll out between December 2026 and January 2027 or between February and March 2027, according to the report. It is also set to include governance changes and improvements to the convenience of withdrawing staking rewards.
https://coinness.com/en/news/1172472

[SlowMist urges crypto firms to patch critical PHP flaws promptly]

Blockchain security firm SlowMist urged cryptocurrency exchanges, DeFi projects and wallet service providers to review PHP security vulnerabilities and apply official patches promptly once they are released.

In a post on X, SlowMist said two critical PHP vulnerabilities were recently identified that could allow external attackers to execute malicious code on servers. The flaws, CVE-2026-109618 and CVE-2026-109619, each carry a CVSS v4.0 severity score of 9.2, while the affected PHP versions and real-world exploitation conditions have not yet been officially confirmed. An official security update is scheduled for release at 2:00 p.m. UTC today.
https://coinness.com/en/news/1172473