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A $5 million crypto scandal involving a Ukrainian official reveals major flaws in Ukraine’s anti-corruption oversight. The case underscores the urgent need for improved crypto asset monitoring to prevent future abuses.
- ZBT surged 583.6% in 24 hours to $0.268 on Oct 23, 2025, but fell 1896.14% over 1 week, 1 month, and 1 year. - The spike appears speculative, lacking fundamental support, with analysts noting unsustainable short-term gains amid prolonged bearish trends. - Technical indicators confirm a bearish trajectory, projecting continued volatility and susceptibility to sharp corrections without tangible progress. - Backtesting suggests such surges often precede extended declines, reinforcing ZBT's status as an outl
Cardano’s price has stalled even as on-chain activity and staking surge. Analysts point to whale sell-offs, but ADA’s fundamentals and retail backing remain solid, suggesting steady long-term potential.
Quick Take Summary is AI generated, newsroom reviewed. The $8.2 million acquisition was executed via GPT Pals Studio Limited. The purchase aligns with the firm's long-term digital asset and corporate value strategy focusing on Ethereum. The funding utilized external borrowings and proceeds from recent financial instruments. The company joins a growing trend of Asian listed firms incorporating crypto into their treasury.References Quantum Solutions (2338.T), a company listed on the Tokyo Stock Exchange
Quick Take Summary is AI generated, newsroom reviewed. Machi deposited 284,000 USDC to open a highly leveraged new ETH long position on Hyperliquid. The current liquidation price is at $3,680.92, indicating a high-risk 17x leverage trade. The whale's overall cumulative profit has flipped to a $13.7 million loss following the liquidation. This bold re-entry is being watched as a key sentiment indicator for short-term ETH momentum.References according to Lookonchain monitoring, Machi (Taiwanese singer Huang
- TRXJPY surged 30.55% in 24 hours on Oct 23, 2025, with a 407.86% 7-day gain amid volatile market dynamics. - Annual performance shows 1890.39% growth, contrasting with a 36.42% monthly decline, highlighting extreme short-term/long-term divergence. - Analysts attribute volatility to crypto-fiat cross pair liquidity shifts, suggesting backtesting surge events to assess post-surge market patterns.
- NEARJPY plunged 24.26% in 24 hours on Oct 23, 2025, despite a 70.4% 7-day gain. - The pair fell 1555.44% in 30 days and 5742.75% annually, showing extreme volatility. - Technical analysis highlights oversold RSI and diverging moving averages, with no clear recovery pattern. - A backtest on 10%+ drops stalled due to data symbol mismatches, hindering post-crisis behavior analysis.
- 08:07Trump Says Cryptocurrency May Solve the $35 Trillion U.S. Debt ProblemJinse Finance reported that Trump stated in a private meeting that cryptocurrency has a "great future," and hinted that the United States might be able to use cryptocurrency to solve its $35 trillion debt problem. According to a leaked video, Trump said: "I would write on a little piece of paper: $35 trillion in cryptocurrency, we have no debt, that's what I like to do." It is worth noting that this is not the first time Trump has suggested using digital assets to eliminate the ever-growing U.S. debt. He has repeatedly stated publicly that bitcoin could be used to "save America."
- 08:07USDC circulation increased by approximately 600 million in the past 7 daysAccording to official data reported by Jinse Finance, in the 7 days ending October 23, Circle issued approximately 6.2 billion USDC and redeemed about 5.6 billion USDC, resulting in a net increase of around 600 million USDC in circulation. The total USDC circulation stands at 76.4 billion, with reserves of about $76.7 billion, including approximately $9.9 billion in cash and $66.7 billion held in the Circle Reserve Fund.
- 08:00Glassnode: "Diamond hands" BTC holdings decrease, creating greater resistance to price increases; current dip-buying funds have not generated enough demand to absorb selling pressure.ChainCatcher News, Glassnode posted on social media that the illiquid supply of bitcoin has started to decline, with about 62,000 BTC moving out of long-term dormant wallets since mid-October. When illiquid supply decreases, more tokens enter the circulating market. If there is a lack of strong new demand, the upward price trend will face greater resistance. In this cycle, illiquid supply was originally an important driving force, but the recent reversal has broken this trend. Historically, similar supply inflows have often weakened market momentum—there was a larger outflow of 400,000 BTC in January 2024. Although the current change is relatively mild, the trend is worth paying attention to. Interestingly, whale wallets have continued to accumulate during this period. Over the past 30 days, whale holdings have steadily increased, and there has been no large-scale sell-off since October 15. The largest and most sustained outflows mainly come from wallets holding 0.1-10 BTC (equivalent to assets of $10,000 to $1 million). This group has maintained a net selling trend since November 2024. Momentum traders have basically exited, and bottom-fishing funds have not generated enough demand to absorb the selling pressure. As first-time buyers remain on the sidelines, this supply-demand imbalance will continue to suppress prices until stronger spot demand emerges.