BingX Crypto & Financial News
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🌐 Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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Greenlane Holdings has announced a $110 million private placement to support Berachain's treasury strategy. Additionally, the company intends to become one of the largest public holders of BERA.
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BitMine (BMNR) acquired 203,800 ETH last week.
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The U.S. government shutdown could potentially end within the week, according to Elizabeth Hassett.
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Solana's Gemini launches branded credit card with automatic SOL rewards.
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BingX Crypto & Financial News
Nillion Announces Community-Driven NIL Token Buyback and Burn Program
NIL surged nearly 10% following news of a buyback initiative, which spurred active buying activity. Conversely, BERA declined 6% after Greenlane Holdings announced a $110 million funding round to acquire the token. Despite some buying pressure driven by the announcement, significant sell-offs occurred on Bybit.
#Careport πŸ“Š Chart
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BingX Crypto & Financial News
Nillion Announces Community-Driven NIL Token Buyback and Burn Program
NIL surged nearly 10% following news of a buyback launch, which spurred active trading. Conversely, BERA declined 6% amid reports that Greenlane Holdings secured $110 million to acquire the token. Despite some buying activity driven by the announcement, significant sell-offs occurred on Bybit.
#Careport πŸ“Š Chart
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BingX Crypto & Financial News
Blockchain data shows that long-term Bitcoin holders have been steadily distributing their assets since July. ETF inflows declined by 2,300 BTC this week, indicating a waning institutional demand. Meanwhile, spot markets saw a substantial but controlled sell…
According to a Glassnode report: Activity across spot, futures, options, and ETF markets is decreasing, with multiple indicators reaching historically low levels. While Bitcoin's recent rebound offers a glimmer of optimism, market structure remains fragile. Until investor confidence is restored, caution is expected to dominate market movements.
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BingX Crypto & Financial News
Blockchain data shows that long-term Bitcoin holders have been steadily distributing their assets since July. ETF inflows declined by 2,300 BTC this week, indicating a waning institutional demand. Meanwhile, spot markets saw a substantial but controlled sell…
According to a Glassnode report, activity across spot, futures, options, and ETFs is declining, with many indicators reaching historically low levels. Despite a recent rebound in Bitcoin, market structure remains fragile. Until confidence is restored, market movements are expected to be driven more by caution than optimism.
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Limitless Exchange, a prediction marketplace on Base, has secured $10 million in seed funding ahead of the launch of its #LMTS token. The round attracted investments from 1confirmation, DCG, Coinbase Ventures, Arrington Capital, and others. Read more.
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Near Protocol is set to upgrade its main network on October 28, reducing the maximum inflation rate from 5% to 2.5%, aiming to improve decentralization and increase returns for veNEAR holders.

Earlier DWF indicated that if Near Protocol successfully cuts inflation to 2.5%, it will purchase an additional 10 million NEAR.
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BingX Crypto & Financial News
South Korea enforces new regulations on cryptocurrency services involving borrowed funds to strengthen oversight and protect investors. cointelegraph #regulation
South Korea's Financial Services Commission (FSC) is moving to transition virtual asset exchange regulation from self-regulation to government oversight, aiming to bolster oversight of platforms such as Upbit and Bithumb. The regulator also plans to introduce a licensing system for stablecoin issuers and establish reserve asset management rules, mandating that at least 100% of reserves be held in highly liquid assets.
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Ethena is set to announce the launch of two new products in the next three months.
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Solana Co-founder: Prototype Code Created with AI was an Experiment

The co-founder of Solana revealed that the recent code sample was merely a prototype generated using artificial intelligence. The project involved testing Claude, Anthropic's AI platform, to determine its ability to produce functional prototypes. The code was subsequently examined using surfpool as part of the testing process.
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BingX Crypto & Financial News
Former President Trump suggested the possibility of postponing the deadline for implementing full tariffs on China, which is scheduled for November 1.
Former President Donald Trump announced plans to pursue a "strong trade agreement with China" and indicated intentions to visit the country early next year. He also reaffirmed a positive relationship with Chinese President Xi Jinping.
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BingX Crypto & Financial News
The Dogecoin Foundation’s corporate arm, House of Doge, is planning to go public through a merger with Brag House Holdings.
The House of Doge, the corporate arm of the Dogecoin Foundation, has taken the largest stake in US Triestina Calcio 1918, a Serie C football club in Italy currently ranked at the bottom of the division.
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The Bitcoin MVRV ratio has declined below the 365-day simple moving average, a signal historically associated with buying opportunities and the identification of local market bottoms.
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