Circle Issues $500 Million USDC in New Minting.

The total volume of cryptocurrency transactions in Europe hit $234 billion in December 2024, remaining at that level through the first half of 2025 after a mid-2024 market correction. From July 2024 to June 2025, Russia accounted for $376.3 billion in trading volume, outpacing the UK’s $273.2 billion. The disparity between Russia and the UK, traditionally Europe’s leading markets, has widened compared to prior years.

The total cryptocurrency transaction volume in Europe reached $234 billion in December 2024, following a market correction in mid-2024, and sustained that level through mid-2025. From July 2024 to June 2025, Russia accounted for $376.3 billion in trading activity, outpacing the UK, which recorded $273.2 billion. The divergence between Russia and the UK, traditionally the leading markets in the region, has widened significantly compared to previous years.

Huobi founder Li Lin plans to establish a $1 billion Ethereum treasury firm, Bloomberg reports.

Tempo, a blockchain startup backed by Stripe, has raised $500 million.

The wallet linked to the co-founder of BTC-e and WEX has transferred all 6,500 BTC ($694 million) to new addresses after three years of holding, following allegations of laundering stolen funds from Mt. Gox.

Former President Trump suggested the possibility of postponing the deadline for implementing full tariffs on China, which is scheduled for November 1.

Astra Nova, a company developing web entertainment and AI infrastructure, has raised $48.3 million in funding.

Today's Summary and Weekend Events - https://t.me/bingx1/2147483647

The Bitcoin (BTC) fear and greed index stands at 29, signaling a state of fear.

The Bitcoin (BTC) Fear and Greed Index stands at 29, signaling a state of fear.

AI Founder nof1 announced the launch of the "AI Trading Showdown" test, featuring six leading AI models—including Grok4, Deepseek, GPT, and Claude—trading cryptocurrency assets with real capital. Currently, Grok4 is leading, having effectively shorted and then gone long, accurately timing the market bottom and achieving over a 500% increase in a single day.

AI Founder nof1 announced the launch of the "AI Trading Showdown" test, involving six leading AI models such as Grok4, Deepseek, GPT, and Claude, executing cryptocurrency trades with real capital. Grok4 currently leads, having accurately timed market movements by shorting and then going long, achieving more than a 500% gain in a single day.

Projects scheduled to launch this week.

Bitcoin contracts worth approximately $523 million were liquidated over the past 24 hours, with longs totaling $182 million and shorts approximately $340 million.

Bitcoin contracts worth approximately $523 million were liquidated in the past 24 hours, with longs totaling around $182 million and shorts approximately $340 million.

A total of 30 new wallets have withdrawn 6,256,893 LINK (approximately $116.7 million) from Binance after the market decline on October 10.

Binance Futures to Launch USDⓈ-Margined Binance Life USDT Perpetual Contract on October 20, 2025. More information here. #Binance #Futures

Coinbase, Signal, McDonald's, and Disney websites experiencing disruptions amid AWS outage.

Amazon, Snapchat, Zoom, and other services face global downtime.

The BlackRock UK Bitcoin ETP has begun trading in London after the regulator eased restrictions on cryptocurrencies.

CQ: Over the past week, funding rates have remained negative on six of seven days, averaging approximately -0.004%. The recent market decline has sustained bearish sentiment among investors. Extended pessimism could set the stage for a significant upward correction. An accumulation of short positions opposing the upward trend may serve as a catalyst for a breakout, potentially propelling prices toward key liquidity levels near $113,000 and up to $126,000, where substantial short liquidations are anticipated.