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Coinbase invests
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Coinbase Invests in Indian Exchange CoinDCX

by Ouess
written by Ouess

Coinbase is making a strategic move to grow its international presence. The global exchange has announced a fresh investment in CoinDCX, one of India’s largest and most trusted crypto platforms. This decision shows how seriously Coinbase invests iin the two of the world’s fastest-growing crypto markets: India and the Middle East.

Why Coinbase Invests in Emerging Markets

The decision for Coinbase invests in this region is straightforward. These areas are packed with potential. According to Coinbase CEO Brian Armstrong, over 100 million people in India and the Middle East already own digital assets. He believes these regions are crucial for shaping the future of online finance.

This isn’t the first time Coinbase invests in CoinDCX; its venture arm has supported the Indian exchange before. But this new commitment is bigger, highlighting their strong confidence in CoinDCX’s leadership and its compliant business model. The deal is still waiting for final regulatory approval.

CoinDCX: A Powerhouse in the Indian Market

CoinDCX has proven itself to be a major player. Even during tough market periods, the exchange has continued to grow. It now boasts over 20 million users and safeguards more than $1.2 billion in customer assets.

In a post on X, CoinDCX co-founder Sumit Gupta thanked Brian Armstrong for his long-term trust. He recalled how Armstrong advised him years ago to “keep building with honesty and for the long term,” a philosophy that has clearly guided CoinDCX’s success.

My Thoughts

This is a very smart move by Coinbase. Instead of trying to build everything from scratch, they’re partnering with a local champion that users already know and trust. It shows that the future of crypto is global, and big players need to understand local markets to succeed. This investment is a huge vote of confidence for the entire Indian crypto ecosystem.

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Powell speech
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Powell’s Dovish Speech Boosts Bitcoin Above $112K

by Ouess
written by Ouess

Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated October 14 speech, immediately boosting crypto market sentiment. The Powell speech at the National Association for Business Economics meeting indicated increased likelihood of additional rate cuts ahead, specifically citing concerns about the weakening job market despite stronger economic activity.

Key Powell Speech Takeaways

The Powell speech revealed several important developments for monetary policy. Powell confirmed the Fed would maintain a “meeting-by-meeting approach” toward future rate decisions, while acknowledging ongoing tension between economic data points. He specifically noted that strong consumer spending hasn’t translated into job market strength, creating uncertainty about the true economic picture.

Furthermore, the Powell speech suggested the Fed’s quantitative tightening program might be nearing its conclusion. This potential shift away from balance sheet reduction represents another form of monetary easing that could benefit risk assets. Additionally, Federal Reserve Governor Michelle Bowman reinforced the dovish message by projecting two more rate cuts in 2025, with markets currently pricing in reductions at both the October and December meetings.

Powell speech
CME Fed Watch

Crypto Market Responds Positively

Bitcoin reacted favorably to the Powell speech, bouncing strongly from the $110,000 support level to trade above $112,000. The clearer path toward easier monetary policy provides fundamental support for cryptocurrency valuations, as lower interest rates typically boost speculative assets. Veteran trader Arthur Hayes captured the optimistic sentiment, advising investors to “buy everything” now that quantitative tightening appears finished.

The speech provided much-needed clarity amid economic uncertainty created by the ongoing government shutdown. With official economic data temporarily unavailable, Powell’s insights offered crucial guidance about the Fed’s thinking ahead of the October 28-29 FOMC meeting.

My Thoughts

Powell’s clearly dovish stance removes significant uncertainty for crypto markets. The combination of potential rate cuts and QT conclusion creates a favorable liquidity environment. However, the acknowledgment of job market weakness suggests underlying economic concerns that could eventually pressure risk assets. For now, the path of least resistance appears upward for Bitcoin and other cryptocurrencies.

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ETF inflows return
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Bitcoin & Ethereum ETF Inflows Return With $339M Surge

by Ouess
written by Ouess

Institutional confidence is making a strong comeback as Bitcoin and Ethereum ETFs see substantial capital returning after several days of outflows. On October 14, combined ETF inflows return with impressive force, totaling $338.8 million across both digital assets. This dramatic reversal signals that professional investors are once again viewing the recent dip as a buying opportunity rather than a reason to exit.

Bitcoin ETF Inflows Return With Force

According to data from SoSoValue, Bitcoin spot ETFs recorded $102.6 million in net inflows, marking a decisive turnaround from the previous day’s $326.5 million outflow. Fidelity’s FBTC led the charge with $133 million in new investments, while Bitwise’s BITB and Ark & 21Shares’ ARKB contributed $8 million and $6.8 million respectively. Although BlackRock’s IBIT and Valkyrie’s BRRR saw minor outflows totaling $44.85 million, the overall sentiment clearly shifted positive.

ETF inflows return
Bitcoin ETF inflows Source : SoSoValue

Meanwhile, Ethereum ETFs demonstrated even stronger momentum with $236.2 million in net inflows. Fidelity’s FETH attracted $154.6 million alone, while Grayscale’s ETH products added $50 million. This powerful rebound followed a difficult period that saw Ethereum ETFs lose $428.5 million just one day earlier.

ETF inflows return
Ethereum ETF inflow Source : Farside Investors

Market Recovery Gains Traction

The renewed ETF inflows return alongside improving price action across major cryptocurrencies. Bitcoin has stabilized around $112,431, showing a modest 0.34% gain while recovering from lows near $105,000. Although still 11% below its $125,000 peak, the consolidation suggests selling pressure is easing.

ETF inflows return
BTC Price Source : TradingView

Ethereum has outperformed with an impressive 20% rebound from its crash lows, currently trading at $4,116. The recovery has been particularly strong, with ETH quickly reclaiming key support levels and now targeting resistance around $4,250. This technical strength complements the fundamental support from returning institutional capital.

ETF inflows return
ETH Price Source : TradingView

My Thoughts

This inflow reversal is crucial for sustaining the bull market. Institutions aren’t just dipping toes—they’re making substantial commitments during uncertainty. The especially strong Ethereum flows suggest smart money recognizes ETH’s relative undervaluation compared to Bitcoin. If this inflow trend continues, we could see a rapid recapture of recent highs.

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Elon Musk Bitcoin
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Elon Musk Bitcoin Endorsement as “Based on Energy”

by Ouess
written by Ouess

In a major development for cryptocurrency adoption, Tesla CEO Elon Musk Bitcoin Endoresment was public calling it “based on energy” and highlighting its superiority over “fake fiat currency” in a major public validation. after years of relative silence. The billionaire entrepreneur delivered a powerful statement about Bitcoin’s fundamental value proposition, creating immediate market impact and reinforcing BTC’s position as a hedge against monetary debasement.

Elon Musk Bitcoin Endorsement Highlights Energy Backing

Musk’s crucial comments came in response to a Zero Hedge post about the global AI arms race and the “debasement trade” benefiting assets like gold, silver, and Bitcoin. The Elon Musk Bitcoin endorsement specifically emphasized its physical underpinnings: “You can’t print energy,” Musk stated, adding “Bitcoin is based on energy: You can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.”

This represents Musk’s most direct Elon Musk Bitcoin validation since Tesla’s brief period accepting BTC payments in 2021. His statement immediately resonated with traders, triggering a noticeable price rebound despite Bitcoin still trading 4.14% lower at $110,198. The endorsement particularly highlights concerns about the $37 trillion U.S. national debt and unchecked fiat currency printing.

Market Impact and Historical Context

Musk’s influence on cryptocurrency markets is well-documented, though recently focused primarily on Dogecoin. His attention has repeatedly driven significant price movements in DOGE, including a 4% surge in mid-September when his Grok AI secured U.S. government approval. However, this new Elon Musk Bitcoin focus marks a strategic shift toward the cryptocurrency’s fundamental value proposition rather than meme-driven sentiment.

The timing is particularly notable given recent market weakness triggered by U.S.-China trade tensions. Musk’s return to Bitcoin advocacy provides psychological support during a period of uncertainty, reminding investors of Bitcoin’s unique characteristics as an energy-backed asset in a world of expanding fiat supply.

My Thoughts

This endorsement could mark a turning point in institutional narrative around Bitcoin. By focusing on energy backing rather than price speculation, Musk elevates the discussion to Bitcoin’s fundamental value proposition. If Tesla reconsidered Bitcoin adoption following this philosophical alignment, it could trigger substantial institutional reevaluation of BTC as a treasury asset.

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Solana leads blockchain revenue
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Solana Leads Blockchain Revenue in ARK Report

by Ouess
written by Ouess

A new report from Cathie Wood’s ARK Invest reveals a clear standout in blockchain performance. According to their third-quarter analysis, Solana leads blockchain revenue generation with an impressive $223 million in economic value. This figure substantially outpaces all competing networks and demonstrates Solana’s growing dominance in capturing real economic activity.

Solana Leads Blockchain Revenue

The comprehensive report examined key DeFi metrics across major networks, including on-chain activity and decentralized exchange volume. Solana leads blockchain revenue by a significant margin, with Tron network placing a distant second at $160 million. This performance is particularly notable given the broader industry context.

Overall blockchain economic value has declined dramatically from its peak. Total Real Economic Value (REV) across all networks has fallen 83% since Q4 2021, dropping from $4.9 billion to just $655 million in Q3 2025. ARK attributes this decline to reduced “uninformed flow” and lower transaction costs as chains optimize for efficiency.

ARK’s Substantial Solana Investments

ARK Invest has consistently backed its analysis with significant capital allocations. The firm recently purchased $162 million worth of shares in Solana-focused company BREA during a $300 million funding round. Additionally, ARK moved its validator operations for its Digital Asset Revolutions Fund to SOL Strategies, a Toronto-based Solana specialist.

Most notably, ARK made history in April 2025 by becoming the first U.S.-listed ETF provider to add direct Solana exposure through the Canadian SOLQ ETF. This groundbreaking move demonstrated institutional confidence in Solana’s long-term potential beyond mere trading speculation.

My Thoughts

Solana’s revenue dominance validates its architectural advantages for high-frequency applications. While overall blockchain revenue has declined, Solana continues capturing disproportionate value. ARK’s substantial investments demonstrate conviction beyond mere analysis. As institutional adoption accelerates, Solana’s revenue leadership could establish a sustainable competitive moat.

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ETH holdings
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BitMine ETH Holdings at 3M, Aims for 5% of Supply

by Ouess
written by Ouess

A stunning new whale has emerged in the Ethereum ecosystem. BitMine Immersion Technologies now commands a massive 2.5% of all circulating Ether after aggressively accumulating during recent market weakness. The company’s unprecedented ETH holdings have reached 3.03 million tokens, transforming it into a fundamental pillar of the entire Ethereum network.

BitMine’s Massive ETH Holdings Strategy

According to an October 13 press release, BitMine added 202,037 ETH during the recent market downturn. Chairman Thomas “Tom” Lee explained these strategic acquisitions targeted what he called a “substantial discount to the future.” He specifically noted that “volatility creates deleveraging,” allowing disciplined investors to acquire assets below their fundamental value.

The company’s current ETH holdings represent just the beginning of an incredibly ambitious strategy. BitMine publicly targets controlling 5% of Ethereum’s entire circulating supply. Achieving this goal would require doubling its current position to approximately 6 million ETH. This audacious accumulation is backed by a powerful consortium including ARK Invest, Founders Fund, Pantera Capital, and Galaxy Digital.

Beyond Ethereum: A Diversified Crypto Powerhouse

Beyond its monumental Ethereum position, BitMine maintains significant other assets. The company holds 192 Bitcoin, $104 million in cash, and a $135 million “moonshot” investment in Eightco Holdings. Combined with its ETH holdings, these assets create a total liquidity and crypto valuation between $12.9 and $13.4 billion.

ETH holdings
Ethereum Treasury Holdings Source : Coingecko

The market is clearly recognizing BitMine’s growing influence. The company’s stock (BMNR) has become one of America’s most heavily traded equities. Recent data from Fundstrat shows average daily trading volume reaching $3.5 billion, ranking it #22 among all U.S.-listed companies.

My Thoughts

BitMine is executing a corporate treasury strategy that makes even MicroStrategy look conservative. Controlling 2.5% of Ethereum’s supply creates incredible market influence and price stability. If they achieve their 5% target, BitMine would become inseparable from Ethereum’s ecosystem success. This represents a fundamental shift in how institutions approach crypto allocation.

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JupUSD stablecoin
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Ethena & Jupiter Partner to Launch JupUSD Stablecoin

by Ouess
written by Ouess

Major news just hit the stablecoin space! Indeed, Ethena Labs has strategically partnered with Jupiter Exchange to create the new JupUSD stablecoin. This innovative asset will soon become the native stablecoin for Solana’s largest DEX ecosystem. Furthermore, it builds directly on Ethena’s powerful Stablecoin-as-a-Service framework.

JupUSD Stablecoin Set to Power Jupiter’s Ecosystem

The JupUSD stablecoin will integrate across Jupiter’s entire product suite. Initially, it will replace a massive $750 million in existing stablecoins within Jupiter’s core liquidity pool. Subsequently, it will also become the primary lending asset on Jupiter Lend. Consequently, this move solidifies JupUSD as a cornerstone decentralized stablecoin for the entire Solana network.

The stablecoin’s backing features institutional-grade quality. For starters, it will utilize USDTb, which BlackRock’s BUIDL fund nearly fully supports. Meanwhile, Ethena plans to gradually diversify this backing with its own USDe synthetic dollar. The team expects the official launch to occur within the next few months.

Ethena’s Rapidly Expanding Stablecoin Empire

This significant partnership dramatically expands Ethena’s whitelabel stablecoin program. Essentially, this service enables other protocols to launch their own institutionally-backed stablecoins easily. Therefore, Jupiter now joins a growing list of major protocols adopting this innovative model.

JupUSD stablecoin
Source : X

This collaboration highlights a crucial industry trend toward protocol-specific stablecoins. Moreover, it effectively bridges the gap between traditional finance and DeFi. By directly connecting BlackRock’s BUIDL fund with Solana, it brings strongly regulated assets on-chain in a transparent way.

Ethena founder Guy Swann recently discussed their ambitious growth trajectory. Currently, their stablecoin ecosystem holds about 5% of the total stablecoin supply. However, they project absolutely massive growth ahead. Specifically, Swann confidently expects their supply to exceed $50 billion within just two years.


My Thoughts

This partnership represents a strategic power move for both protocols. Since Jupiter already dominates Solana trading volume, creating its own native stablecoin generates incredible ecosystem lock-in. Additionally, the BlackRock backing adds serious institutional credibility that could attract traditional capital. Ultimately, this development might significantly accelerate Solana DeFi adoption across the board.

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MetaMask perpetuals
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MetaMask Perpetuals Trading & Confirms Token

by Ouess
written by Ouess

Massive news from the Web3 world! MetaMask just supercharged its platform with major new features. The popular crypto wallet officially launched MetaMask perpetuals trading. This groundbreaking move lets users trade perpetual futures directly within their wallet. The feature is powered by the Hyperliquid protocol.

MetaMask Perpetuals and Upcoming Token

This integration allows funding from any EVM chain. It marks MetaMask’s entry into decentralized derivatives trading. The wallet follows Phantom’s lead in adding perpetuals. This comes during a historic surge in DEX volume. The space recently passed $1 trillion in monthly volume for the first time.

Even more exciting, MetaMask confirmed its native token is coming. The team also announced a rewards program launching this month. Users will earn points for on-chain activities like swapping and bridging. These rewards will likely connect to the upcoming token airdrop. The program will also distribute over $30 million in LINEA tokens.

Polymarket Integration Coming Soon

But wait, there’s more! MetaMask revealed plans to integrate Polymarket. This will bring prediction markets directly into the wallet interface. Users will soon bet on real-world events on-chain. The timing is perfect. Polymarket just secured a massive $2 billion investment from ICE.

This makes MetaMask the first wallet to natively integrate prediction markets. Global Product Lead Gal Eldar called it a step toward becoming an “on-chain platform for personal finance.” The goal is clear: create reasons users never want to leave the ecosystem.

Key Takeaways

  • MetaMask perpetuals trading is now live via Hyperliquid
  • Native token confirmed with rewards program launching soon
  • Polymarket prediction markets integration coming
  • Over $30M in LINEA tokens to be distributed to users

My Thoughts

This is a game-changing move for MetaMask. The wallet is evolving into a comprehensive DeFi hub. Adding MetaMask perpetuals and prediction markets creates massive stickiness. This could significantly boost user engagement and lock-in. The token announcement will likely drive major airdrop farming activity.

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RBI digital currency
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 RBI Digital Currency: India’s CBDC Revolution Begins

by Ouess
written by Ouess

The wait is over! India is launching a game-changing digital asset that will redefine its financial landscape. This isn’t a volatile altcoin; it’s the official RBI digital currency, a Central Bank Digital Currency (CBDC) backed by the full faith of the Reserve Bank of India. Get ready for sovereign-backed digital cash on the blockchain!

A New Era for the RBI Digital Currency

Announced by Union Minister Piyush Goyal, this initiative aims to make transactions blazing fast, ultra-secure, and fully transparent. Imagine a government-backed stablecoin where every transaction is verifiable on-chain, slashing the potential for illicit activities. This move provides the technological benefits of crypto but with the stability and trust of the Indian Rupee, directly addressing the RBI’s longstanding concerns about private, unregulated assets.

Navigating India’s Crypto Digital Climate

This launch highlights India’s nuanced stance. Despite having one of the world’s most vibrant crypto communities, the government remains deeply cautious of decentralized currencies like Bitcoin. The regulatory environment has been tough, featuring a heavy 30% tax on crypto profits and a 1% TDS. Furthermore, recent bank account freezes linked to P2P trading underscore the intense scrutiny. The clear message? The future lies in sovereign digital assets, not private cryptocurrencies.

Key Takeaways

  • India is launching its own CBDC, a digital rupee backed by the Reserve Bank.
  • The government is promoting this as a safer, regulated alternative to private crypto.
  • The existing crypto market faces a stringent tax regime and increased regulatory pressure.
  • This validates blockchain technology while challenging decentralized assets.

My Thoughts / Market Impact

This is a monumental validation for blockchain technology from a global economic powerhouse. While it may cool retail hype for DeFi in India short-term, it paves the way for massive institutional and mainstream adoption of digital assets. The success of India’s RBI digital currency could become a blueprint for other nations, fundamentally changing the global financial system.

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BitMine Ethereum treasury
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BitMine Ethereum Treasury to add $13B with New Purchase

by Ouess
written by Ouess

BitMine Immersion Technologies, the world’s leading publicly-traded Ethereum treasury firm, has significantly expanded its holdings. The company announced a massive new purchase, boosting its BitMine Ethereum treasury to a total value of $13 billion.

Details of the Massive Purchase

The firm acquired 179,251 ETH last week, worth approximately $823 million. Consequently, the total BitMine Ethereum treasury now stands at a colossal 2.83 million ETH.

Notably, the company’s average purchase price sits at $4,535, which is below Ethereum’s current price. Therefore, the entire position is already in a state of unrealized profit.

The World’s Largest Ethereum Treasury

This acquisition solidifies the BitMine Ethereum treasury as the largest corporate holding of Ethereum globally. It dwarfs the second-largest holder, SharpLink Gaming, which holds about $3.85 billion in ETH.

Overall, BitMine is now the second-largest crypto treasury of any kind, trailing only MicroStrategy’s enormous Bitcoin reserve. The market reacted positively, with BMNR stock rising 5% on the news.

Strategic Focus and Future Outlook

According to Chairman Tom Lee, the expansion of the BitMine Ethereum treasury is a strategic decision. Following meetings at TOKEN2049, the company is confident that Ethereum is the foundational layer for Wall Street and AI.

Prediction markets reflect this optimism, with an 86% likelihood that BitMine will hold 3 million ETH before the end of October.

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