244.38K
1.36M
2024-05-10 08:00:00 ~ 2024-05-16 11:30:00
2024-05-16 16:00:00
Total supply102.45B
Resources
Introduction
Notcoin started as a viral Telegram game that onboarded many users into Web3 through a tap-to-earn mining mechanic.
A fierce debate has broken out among macro analysts over the credibility of the ISM Manufacturing Purchasing Managers’ Index (PMI). Experts say this key economic metric is being overused to predict business cycles and Bitcoin market tops. The clash highlights a growing divide between traditional economic modeling and modern financial conditions-driven analysis, with ripple effects reaching deep into crypto market forecasting. ISM Debate Splits Macro Analysts as Crypto Traders Reassess the 2026 Bitcoin Peak CFA Julien Bittel, a macro strategist at Global Macro Investor (GMI), dismisses many of Wall Street’s go-to indicators as outdated or misinterpreted. “Delinquency rates, ISM, PMIs, job openings, retail sales — none of these are leading indicators…Everything is downstream to changes in financial conditions,” Bittel wrote. Bittel explained that GMI’s proprietary US Coincident Business Cycle Index integrates forward-moving elements within the data, including early employment signals, and that it began turning higher in mid-2022, months before ISM and other metrics rebounded. According to Bittel, the labor market’s gradual cooling is actually a positive sign, paving the way for lower rates and renewed economic expansion. However, macro strategist Henrik Zeberg presents a contrary opinion, calling for caution around treating survey-based indicators as reality. “ISM is NOT the business cycle or the economy. It is a damn survey! In July 2022, many called for a recession based on the same GMI score. We did not see one. Maybe the score needs calibration?” Zeberg wrote. Their public disagreement births a wider discussion about how much weight the ISM PMI still deserves. The index measures US manufacturing activity and has remained below the neutral 50 mark for more than seven months, signaling contraction. However, it has not coincided with a full-blown recession. US ISM Manufacturing PMI. Source: ISM-Bitcoin Correlation Suggests a Longer Bull Market Could Extend Into 2026 Historically, the ISM’s moves have also correlated with major Bitcoin cycle tops, a connection first popularized by macro investor Raoul Pal. NEW: Raoul Pal believes Bitcoin is now following a five-year market cycle, due to an extended debt maturity period and its close correlation with the ISM manufacturing index. 🤔Using an ISM-Bitcoin chart and a 5.4-year SIN curve, Pal predicts Bitcoin will likely peak around Q2… — Bitcoin News (@BitcoinNewsCom) September 27, 2025 That correlation has now captured the attention of the crypto community. Analysts like Colin Talks Crypto and Lark Davis argue that the ISM’s prolonged stagnation could mean Bitcoin’s bull market will stretch far beyond its typical four-year rhythm. “All three past Bitcoin cycle tops have broadly aligned with this index,” Colin noted. The analyst suggested that a cycle top could be mid-2026 for the Bitcoin price if the relationship holds. Entrepreneur and Bitcoin investor Davis agreed, noting that while everyone expects a Q4 2025 peak, the ISM has not shown real expansion yet, meaning this cycle could go way deeper into 2026. Everyone's expecting this cycle to peak in Q4 this year.But I think we're going way deeper into 2026.Here's why:The classic 4-year business cycle usually have 2 years of expansion and 2 years contraction. That should’ve lined up with a Q4 2025 top.But this time, the ISM… — Lark Davis (@TheCryptoLark) October 1, 2025 A weaker ISM often implies delayed economic recovery and longer market expansions. Despite current headwinds from tariffs to sluggish global demand, the extended contraction phase may lengthen the broader business cycle rather than end it. While this could translate to a more gradual, durable uptrend for the Bitcoin price, it warns against expecting an early peak as the 2025–2026 cycle debate shapes into a consequential narrative linking traditional economics and digital assets.
From now, you can win weekly bonus by streaming on Bitget Live and share the link to your social media. All bonuses are real cash! If you have never livestreamed on Bitget, Sign Up Now >>> Event Period: October 27th - Nov 9th (UTC+8) Rewards Details: 1. If you are a Bitget Affiliate: According to your daily trading volume OR number of social media followers , you will get these weekly bonuses: Average daily trading volume Or: Social media followers (X+YouTube) Live sessions per week Weekly bonus (USDT) ≥ 10,000,000 ≥ 200,000 1 time 300 ≥ 3 times 600 ≥ 5,000,000 ≥ 100,000 1 time 200 ≥ 3 times 400 ≥ 1,000,000 ≥ 50,000 1 time 100 ≥ 3 times 200 ≥ 500,000 ≥ 10,000 1 time 50 ≥ 3 times 100 ≥ 10,000 ≥ 5,000 ≥ 5 times 100 Please Submit Your Social Media Link so that we can allocate your bonus. 2. If You are NOT a Bitget Affiliate: Depending on your number of social media followers, you will get the following weekly bonuses: Social media followers (X+YouTube) Live sessions per week Weekly bonus (USDT) ≥ 10,000 5 times 100 ≥ 5,000 5 times 80 100-5,000 5 times 50 Also, Please Submit Your Social Media Link so that we can allocate your bonus. 3. For All the Streamers: 10% Extra Commission We provide an additional 10% commission on the trading fees generated from live trading volume, up to 500 USDT per week. ** Definition of live trading volume** An audience enters the live room, clicks any tag under the Trading pairs / Strategies / Signal / Elite trades page, then complete the trade in 1 hour. This will be counted as live trading volume. Go Live on Bitget: Join Bitget Live Live Stream Mining Guide(Stream to Earn) How to Use the Bitget Live Streaming Feature? OBS Streaming Guide Join Our Streamers' Group Event Rules & Notes To win the weekly bonus, your livestream should meet the following requirements: Live viewers: ≥ 30 viewers per session (subject to Bitget back-end system) Live Duration: ≥ 90 min per session Live Platform: Streamers should do Bitget-only livestreams to win the bonus, but at other times it's free to stream on other platforms. Live Content: Should be crypto-related. Users attempting to manipulate watch time or engaging in negative streaming behavior will be disqualified. Should include trading-pair tags (important!) , relevant trading volume must be triggered via these tags. Should save the replay, so that Bitget team can check the livestream content. Should share your livestream/replay link to your social media. Others: should set up the nickname, profile picture, and livestream cover image. Final Interpretation: Bitget Live reserves the right of final adjustment and interpretation. Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
From now, you can win weekly bonus by streaming on Bitget Live and share the link to your social media. All bonuses are real cash! If you have never livestreamed on Bitget, Sign Up Now >>> Event Period: October 27th - Nov 9th (UTC+8) Rewards Details: 1. If you are a Bitget Affiliate: According to your daily trading volume & number of social media followers , you will get these weekly bonuses: Average daily trading volume Social media followers (X+YouTube) Live sessions per week Weekly bonus (USDT) ≥ 10,000,000 ≥ 200,000 1 time 300 ≥ 3 times 600 ≥ 5,000,000 ≥ 100,000 1 time 200 ≥ 3 times 400 ≥ 1,000,000 ≥ 50,000 1 time 100 ≥ 3 times 200 ≥ 500,000 ≥ 10,000 1 time 50 ≥ 3 times 100 ≥ 10,000 ≥ 5,000 ≥ 5 times 100 Please Submit Your Social Media Link so that we can allocate your bonus. 2. If You are NOT a Bitget Affiliate: Depending on your number of social media followers, you will get the following weekly bonuses: Social media followers (X+YouTube) Live sessions per week Weekly bonus (USDT) ≥ 10,000 5 times 100 ≥ 5,000 5 times 80 100-5,000 5 times 50 Also, Please Submit Your Social Media Link so that we can allocate your bonus. 3. For All the Streamers: 10% Extra Commission We provide an additional 10% commission on the trading fees generated from live trading volume, up to 500 USDT per week. ** Definition of live trading volume** An audience enters the live room, clicks any tag under the Trading pairs / Strategies / Signal / Elite trades page, then complete the trade in 1 hour. This will be counted as live trading volume. Go Live on Bitget: Join Bitget Live Live Stream Mining Guide(Stream to Earn) How to Use the Bitget Live Streaming Feature? OBS Streaming Guide Join Our Streamers' Group Event Rules & Notes To win the weekly bonus, your livestream should meet the following requirements: Live viewers: ≥ 30 viewers per session (subject to Bitget back-end system) Live Duration: ≥ 90 min per session Live Platform: Streamers should do Bitget-only livestreams to win the bonus, but at other times it's free to stream on other platforms. Live Content: Should be crypto-related. Users attempting to manipulate watch time or engaging in negative streaming behavior will be disqualified. Should include trading-pair tags (important!) , relevant trading volume must be triggered via these tags. Should save the replay, so that Bitget team can check the livestream content. Should share your livestream/replay link to your social media. Others: should set up the nickname, profile picture, and livestream cover image. Final Interpretation: Bitget Live reserves the right of final adjustment and interpretation. Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Tom Lee, co-founder of Fundstrat, has warned that Bitcoin (BTC) could still face a major crash, even with strong backing from Wall Street. As Coin Bureau reports, Lee said the cryptocurrency might drop as much as 50%, highlighting the risks investors should be aware of. ⚡️TOM LEE: BITCOIN NOT IMMUNE TO A 50% CRASH He warns that even with Wall Street backing, $BTC could still face deep drawdowns, just like the stock market. pic.twitter.com/xOgzIb6YY0 — Coin Bureau (@coinbureau) October 24, 2025 Institutional Support Doesn’t Remove Risk Lee noted that institutional investors, including big banks and funds, are getting more involved in Bitcoin. However, he emphasized that this support does not make the digital asset immune to market swings. “Even with Wall Street in the game, Bitcoin can still fall sharply if market conditions worsen,” Lee said. He reminded investors that all assets, no matter how popular or supported, can experience sudden drops. Tom Lee’s Bitcoin warning comes at a time when many see institutional participation as a safety net. Lee argued that depending on this alone could create a false sense of security. Lessons From Market History Lee pointed to historical trends in both stock and crypto markets to explain his caution. He said markets naturally go through cycles of growth and correction. “In the past, even strong assets have lost half their value during corrections,” he said. Lee suggested that Bitcoin could behave the same way because it still reacts to market sentiment and economic pressures. He also mentioned that fast gains often lead to equally fast losses if investors do not plan for risk. These lessons from history are important for anyone investing in cryptocurrencies today. How Investors Can Protect Themselves Lee advised Bitcoin holders to prepare for potential downturns. He encouraged investors to diversify their portfolios instead of putting all their funds into just one asset. He also suggested setting clear strategies to manage risk. For example, deciding in advance how much to sell if the market drops can help limit losses. Additionally, Lee recommended keeping track of economic indicators and market trends. These signals can help investors anticipate possible crashes and act quickly. “Being proactive and having a plan is better than reacting after a big loss,” he said. Bitcoin Volatility Warning Tom Lee’s Bitcoin warning highlights an important truth, how Bitcoin’s price can rise fast but also fall just like that too. Institutional involvement adds credibility, but it can’t prevent market corrections. Investors should remain careful and avoid being overconfident. Using risk management tools, diversifying holdings, and staying informed are key steps to navigating crypto markets safely. Even though Bitcoin has become popular and got support from Wall Street, its volatility means that planning and caution remain key. Lee’s advice serves as a reminder that the crypto market rewards careful strategy, not just optimism.
Susbarium identifies phishing domain mimicking official Shiba Inu platforms closely. Fraudulent site automatically drains wallets once users connect to the interface. Security team advises verifying URLs and using revoke.cash for token approvals. The Shiba Inu security alert channel Susbarium has issued a warning about a phishing attack targeting community members. The scam involves a fake website designed to steal funds from token holders who connect their wallets. Susbarium , also known as Shibarium Trustwatch, identified the malicious domain as . The fraudulent site has been created to closely resemble official Shiba Inu platforms, including ShibaSwap and Shib.io. Users who connect their wallets to this domain risk having their assets drained without additional authorization. 🚨 SHIBARMY SECURITY ALERT: ANOTHER FAKE SITE DRAINING WALLETS 🚨 A malicious website impersonating Shiba Inu’s official platform is actively draining wallets. Do NOT connect to ``. ### 🔥 ALERT DETAILS Scammers have cloned the look and… pic.twitter.com/HKGk4gRRdQ — Susbarium | Shibarium Trustwatch () October 22, 2025 Official platform remains only verified hub The security team stressed that Shib.io serves as the sole legitimate platform for the Shiba Inu ecosystem. Community members and ecosystem developers have verified this portal as the official hub for all related activities. The Shib.io platform provides access to ecosystem tokens such as SHIB, BONE, LEASH, and TREAT. It also hosts ShibaSwap and other authorized initiatives connected to the project. Users should only interact with this verified platform when conducting transactions or engaging with ecosystem features. Susbarium has reported multiple scam attempts targeting the Shiba Inu community over recent years. Fraudsters have impersonated official administrators and moderators across various social media channels. In 2023, scammers promoted a fake token giveaway using an account that mimicked lead developer Shytoshi Kusama on X. Security team outlines protection measures The alert channel warned about fake accounts impersonating developers on Telegram in June 2024. Earlier this year, Susbarium also identified multiple counterfeit ShibaSwap websites created to drain user assets through similar wallet connection schemes. The security team has provided specific recommendations to protect against these attacks. Users should avoid connecting wallets to unverified or suspicious platforms. Scammers frequently deploy lookalike domain names, making it critical to examine URLs carefully before clicking any links. Community members who have already interacted with suspicious sites should use revoke.cash to immediately cancel token approvals and permissions. This tool allows users to revoke access granted to potentially malicious contracts. Susbarium advises reporting phishing websites to wallet providers and browser security teams. The security team continues to monitor for new threats and will issue alerts as additional scams are identified. The ongoing phishing attempts highlight the need for vigilance when interacting with cryptocurrency platforms. Verifying website authenticity before connecting wallets remains the primary defense against these attacks.
Despite planning a pivot to crypto, Wise is continuing to maintain draconian Web3 policies. Earlier today, it banned an educator’s account despite a lack of actual token transfers. Users have been complaining that the company is heavy-handed throughout the year, comparing its policy to Operation Choke Point. This dismal reputation might impair its ability to compete in Web3. Can Wise Adopt Crypto? A few days ago, Wise, a leading fintech firm specializing in international money transfers, announced that it’s looking for crypto specialists. The firm put out a job posting for a Product Lead for digital assets, hoping to “build the future of finance at Wise.” However, despite the ostensible pivot towards crypto, the firm is still very hostile. Earlier today, a Web3 education firm posted that its Wise account was closed for violating the company’s acceptable use policy, even though this educator didn’t have anything to do with trading digital assets: My @Wise account was closed today in the UK.In 2025, you can still get debanked just for making crypto‑education content. pic.twitter.com/4utX3LpjgK — Finematics (@finematics) October 22, 2025 In other words, old habits die hard. Wise clearly states on its website that its customers cannot purchase, accept, or trade crypto in any fashion. This includes even indirect contact like sending or receiving funds “on behalf of” crypto traders, and the firm even claims that it might close accounts for other reasons that “exceed [its] risk tolerance.” A Toxic Reputation Wise claims that there are possible exceptions, like receiving a fiat salary from a Web3 business. As the above example shows, however, that doesn’t always apply. Throughout the year, community members have been complaining that Wise would abruptly freeze their accounts, comparing it to Operation Choke Point and state-led debanking. Do NOT rely on @Wise if you work in crypto – Operation Choke Point 2.0 is still ongoing!I have been using Wise for everything (where I couldn't use @gnosispay or @monerium) both personally and for my LLC for many monthsThey asked me for a bank statement of my corporate… pic.twitter.com/aTAcDwP7dV — Sebastian Bürgel (@SCBuergel) January 3, 2025 In other words, this spurned educator is particularly valuable for two reasons. It highlights that Wise is very hostile to crypto, and that this hostility isn’t letting up. Even though the firm is actively trying to “explore how customers can hold digital assets within their Wise account,” the crackdown continues unabated. For a company that’s involved in cross-border payments, Web3 seems like a logical expansion. These transactions are a major driver of global crypto use, powering grassroots adoption on several continents. However, Wise hasn’t conducted a crypto pivot yet. As long as the firm’s crypto crackdown continues, it’s hard to imagine how it could enter the space successfully. Rapid Web3 growth requires community hype, and a toxic reputation won’t do Wise any favors.
OpenAI's Sora 2 produced realistic videos spreading false claims 80% of the time when researchers asked it to, according to a NewsGuard analysis published this week. Sixteen out of twenty prompts successfully generated misinformation, including five narratives that originated with Russian disinformation operations. The app created fake footage of a Moldovan election official destroying pro-Russian ballots, a toddler detained by U.S. immigration officers, and a Coca-Cola spokesperson announcing the company wouldn't sponsor the Super Bowl. None of it happened. All of it looked real enough to fool someone scrolling quickly. <span></span> NewsGuard's researchers found that generating the videos took minutes and required no technical expertise. They even revealed that Sora’s watermark can be easily removed, making it even easier to pass a fake video for real. The level of realism also makes misinformation easier to spread. “Some Sora-generated videos were more convincing than the original post that fueled the viral false claim,” Newsguard explained. “For example, the Sora-created video of a toddler being detained by ICE appears more realistic than a blurry, cropped image of the supposed toddler that originally accompanied the false claim.” That video can be watched here. The findings arrive as OpenAI faces a different but related crisis involving deepfakes of Martin Luther King Jr. and other historical figures—a mess that's forced the company into multiple policy reversals in the three weeks since Sora launched, going from allowing deep fakes to an opt-in model for rights holders, blocking specific figures and then a celebrity consent and voice protection after working with SAG-AFTRA. The MLK situation exploded after users created hyper-realistic videos showing the civil rights leader stealing from grocery stores, fleeing police, and perpetuating racial stereotypes. His daughter Bernice King called the content "demeaning" and "disjointed" on social media. OpenAI and the King estate announced Thursday they're blocking AI videos of King while the company "strengthens guardrails for historical figures." The pattern repeats across dozens of public figures. Robin Williams' daughter Zelda wrote on Instagram: "Please, just stop sending me AI videos of Dad. It's NOT what he'd want." George Carlin's daughter, Kelly Carlin-McCall, says she gets daily emails about AI videos using her father's likeness. The Washington Post reported fabricated clips of Malcolm X making crude jokes and wrestling with King. Kristelia García, an intellectual property law professor at Georgetown Law, told NPR that OpenAI's reactive approach fits the company's "asking forgiveness, not permission" pattern. The legal gray zone doesn't help families much. Traditional defamation laws typically don't apply to deceased individuals, leaving estate representatives with limited options beyond requesting takedowns. The misinformation angle makes all this worse. OpenAI acknowledged the risk in documentation accompanying Sora's release, stating that "Sora 2's advanced capabilities require consideration of new potential risks, including nonconsensual use of likeness or misleading generations." Altman defended OpenAI's "build in public" strategy in a blog post, writing that the company needs to avoid competitive disadvantage. "Please expect a very high rate of change from us; it reminds me of the early days of ChatGPT. We will make some good decisions and some missteps, but we will take feedback and try to fix the missteps very quickly." For families like the Kings, those missteps carry consequences beyond product iteration cycles. The King estate and OpenAI issued a joint statement saying they're working together "to address how Dr. Martin Luther King Jr.'s likeness is represented in Sora generations." OpenAI thanked Bernice King for her outreach and credited John Hope Bryant and an AI Ethics Council for facilitating discussions. Meanwhile, the app continues hosting videos of SpongeBob, South Park, Pokémon, and other copyrighted characters. Disney sent a letter stating it never authorized OpenAI to copy, distribute, or display its works and doesn't have an obligation to "opt-out" to preserve copyright rights. The controversy mirrors OpenAI's earlier approach with ChatGPT, which trained on copyrighted content before eventually striking licensing deals with publishers. That strategy already led to multiple lawsuits. The Sora situation could add more.
A fresh wave of speculation hit the crypto market today. After rumors spread about a massive $500 million short position belonging to an unnamed whale. Many traders quickly pointed fingers at well-known crypto whale James Wynn, suggesting he was behind the trade. But Wynn was quick to set the record straight. He is denying any involvement in the high-risk bet. Market Buzz Over a Massive Short Earlier today, several crypto accounts shared screenshots of what appeared to be a large trading position. It shows an unrealized profit and loss (PnL) of -$39 million . The post described a whale holding over $500 million in short positions, mostly in Bitcoin (BTC) and Ethereum (ETH). The crypto community immediately began speculating on the identity of the trader. Some analysts saw it as a sign of mounting bearish sentiment in the market. While others believed it could lead to a short squeeze if prices continued to rise. Comments poured in, with traders debating whether this whale was preparing to “flip long” or double down on their bearish bets. Wynn Steps In to Deny the Rumors As chatter grew, James Wynn addressed the speculation directly. In a post on X, he wrote, “For everyone that keeps asking, this is NOT me. I’m not touching perps until the market stabilises.” His statement came after multiple influencers and analysts hinted he might be the whale behind the trades. Wynn’s clarification was firm and straightforward. It is putting distance between himself and the rumored short positions. For everyone that keeps asking, this is NOT me. I’am not touching perps until market stabilises. – Wynn pic.twitter.com/Cute54swKv — James Wynn (@JamesWynnReal) October 18, 2025 Crypto commentators quickly reacted to James Wynn’s post. Some users joked that even with denials, “media farmers” would keep pushing the story. While others applauded Wynn’s transparency. One notable response came from Nasu Capital, which commented, “When whales start denying trades, that’s when you know the ocean’s getting rough. Smart move — survival over bravado.” Understanding the Whale Speculation The viral screenshot that triggered the debate appeared to show a trader sitting on a $39 million unrealized loss across multiple short positions. The largest exposure was in ETH ($295M) and BTC ($186M), showing heavy drawdowns. Market watchers noted the irony. While traders were assuming James Wynn was behind the play. The data actually showed the position was struggling, not thriving. The situation also raised questions about leverage, risk management and the growing visibility of large players in decentralized trading platforms. Wynn’s Lighthearted Follow-Up After addressing the rumors, James Wynn shifted the tone with a humorous post. About his friend YazanXBT, joking about missing out on creator rewards and hair transplant costs paid in SOL. The post reminded followers of Wynn’s characteristic humor and ability to brush off market drama. As the market digests both the rumor and James Wynn’s denial. One thing is clear: in crypto, even a single screenshot can spark chaos. But for now, Wynn insists he’s staying on the sidelines until the market finds its footing.
Steak ‘n Shake now accepts Bitcoin payments globally. The move cuts transaction fees by 50% for the fast food giant. A strong signal of growing institutional crypto adoption. Bitcoin Cuts Fees for Steak ‘n Shake Steak ‘n Shake, the iconic American fast-food chain, is now accepting Bitcoin payments globally—slashing their transaction fees by a massive 50%. This bold move isn’t just about saving costs; it’s a significant signal that mainstream businesses are beginning to truly embrace crypto. Transaction fees are a major pain point in the food and beverage industry, especially for chains operating across borders. Traditional payment systems charge hefty percentages and processing delays, eating into profits. By switching to Bitcoin, Steak ‘n Shake is avoiding those high costs and speeding up transactions—two things every global business needs. Why This Matters for Crypto This development shows how cryptocurrencies like Bitcoin are becoming more than just digital assets—they’re evolving into functional payment systems for everyday use. A 50% reduction in transaction fees is a major incentive for any business. It’s not just about the hype anymore; it’s about efficiency. When a brand as big as Steak ‘n Shake adopts Bitcoin, it legitimizes the currency further and paves the way for other corporations to explore similar solutions. With global reach and high transaction volumes, the fast-food industry is the perfect test case for crypto scalability. If Steak ‘n Shake sees success, it could spark a wave of adoption across similar brands. FAST FOOD GIANT STEAK 'N SHAKE IS SAVING 50% ON FEES ACCEPTING #BITCOIN GLOBALLY NOT PRICED IN 🚀 pic.twitter.com/ag73ylBN44 — The Bitcoin Historian (@pete_rizzo_) October 19, 2025 What’s Next? While this move hasn’t yet made major headlines in mainstream finance—hence the phrase “Not Priced In 🚀”—crypto investors and enthusiasts see it as a bullish sign. Institutional adoption is one of the key indicators of long-term growth in the crypto space. As more companies look to reduce costs and improve transaction speeds, Bitcoin and other cryptocurrencies are likely to become essential tools in global commerce. Read Also: Tether Mints Another $1B USDT After Market Crash California Lets You Reclaim Lost Bitcoin Without Selling Steak ‘n Shake Saves Big with Global Bitcoin Payments SEC Admits U.S. Is a Decade Behind on Crypto Bitcoin Needs Just 15% Pump to Trigger $17B Short Squeeze
Key takeaways: Bitcoin price stabilized after US regional banks posted stronger-than-expected earnings, easing credit fears. One analyst predicted Bitcoin’s bull run could end in 10 days. Bitcoin ( BTC ) fell more than 5% to trade below $105,000 on Friday, extending a two-day decline as renewed US banking stress rattled risk markets and revived concerns over broader financial stability. On Friday, US banking stocks showed signs of resilience, and global market sentiment steadied pre-market. Bitcoin one-day chart. Source: Cointelegraph/TradingView However, BTC continued to struggle near $105,000, not benefiting from improved risk appetite after regional lenders delivered stronger-than-expected earnings, easing fears of a wider credit contagion. The latest shift in sentiment came after several key regional lenders, including Truist Financial, Regions Financial and Fifth Third Bancorp, reported lower provisions for credit losses than anticipated. The results offered relief to markets following Thursday’s rout, when the S&P Regional Banks Select Industry Index fell 6.3%, led by Zions Bancorporation and Western Alliance Bancorp after both disclosed loan losses stemming from fraud in distressed commercial mortgage funds. The upbeat earnings helped the S&P Regional Banks Index claw back losses, with Zions Bancorp rebounding over 6%, Truist Financial rising 2%, and Western Alliance up 1.6% in early trading. European financials, including Barclays and Deutsche Bank, pared earlier losses, while Asian lenders like Mizuho Financial and Sumitomo Mitsui also steadied after heavy selling. RBC Capital Markets said that regional banks “remain well reserved for potential losses” and have bolstered capital since 2023, suggesting the recent sell-off may have been overdone. Related: How low will Bitcoin go? Regional US ‘bank stress’ pushes BTC toward $100K Trump’s tariff comments boost optimism Adding to the improved tone, US President Donald Trump confirmed that steep tariffs on Chinese goods “will not persist” and announced plans for a summit with Chinese President Xi Jinping in two weeks. The statement, following Beijing’s willingness to collaborate on trade disputes, sparked a rebound in global markets, with US stock futures up 1.2%. BREAKING: S&P 500 futures erase losses as President Trump says high tariffs on China will NOT remain. Futures are now +75 points from their overnight low. pic.twitter.com/4cfnVAzCNX — The Kobeissi Letter (@KobeissiLetter) October 17, 2025 Market observers said the tone of risk sentiment had turned notably calmer. Cointelegraph reported earlier this week that the latest crypto and equity pullbacks “do not have long-term fundamental implications,” suggesting that the market is moving through short-term volatility rather than systemic distress. However, some analysts caution that Bitcoin’s current bull cycle may be nearing its end. Analyst CryptoBird said in an X post that the Bitcoin “bull run ends in 10 days,” basing the forecast on historical cycle patterns. Related: Bitcoin ‘bull run is over’, traders say, with 50% BTC price crash warning
A fresh wave of speculation hit the crypto market today. After rumors spread about a massive $500 million short position belonging to an unnamed whale. Many traders quickly pointed fingers at well-known crypto whale James Wynn, suggesting he was behind the trade. But Wynn was quick to set the record straight. He is denying any involvement in the high-risk bet. Market Buzz Over a Massive Short Earlier today, several crypto accounts shared screenshots of what appeared to be a large trading position. It shows an unrealized profit and loss (PnL) of -$39 million. The post described a whale holding over $500 million in short positions, mostly in Bitcoin (BTC) and Ethereum (ETH). The crypto community immediately began speculating on the identity of the trader. Some analysts saw it as a sign of mounting bearish sentiment in the market. While others believed it could lead to a short squeeze if prices continued to rise. Comments poured in, with traders debating whether this whale was preparing to “flip long” or double down on their bearish bets. Wynn Steps In to Deny the Rumors As chatter grew, James Wynn addressed the speculation directly. In a post on X, he wrote, “For everyone that keeps asking, this is NOT me. I’m not touching perps until the market stabilises.” His statement came after multiple influencers and analysts hinted he might be the whale behind the trades. Wynn’s clarification was firm and straightforward. It is putting distance between himself and the rumored short positions. For everyone that keeps asking, this is NOT me. I’am not touching perps until market stabilises. – Wynn pic.twitter.com/Cute54swKv — James Wynn (@JamesWynnReal) October 18, 2025 Crypto commentators quickly reacted to James Wynn’s post. Some users joked that even with denials, “media farmers” would keep pushing the story. While others applauded Wynn’s transparency. One notable response came from Nasu Capital, which commented, “When whales start denying trades, that’s when you know the ocean’s getting rough. Smart move — survival over bravado.” Understanding the Whale Speculation The viral screenshot that triggered the debate appeared to show a trader sitting on a $39 million unrealized loss across multiple short positions. The largest exposure was in ETH ($295M) and BTC ($186M), showing heavy drawdowns. Market watchers noted the irony. While traders were assuming James Wynn was behind the play. The data actually showed the position was struggling, not thriving. The situation also raised questions about leverage, risk management and the growing visibility of large players in decentralized trading platforms. Wynn’s Lighthearted Follow-Up After addressing the rumors, James Wynn shifted the tone with a humorous post. About his friend YazanXBT, joking about missing out on creator rewards and hair transplant costs paid in SOL. The post reminded followers of Wynn’s characteristic humor and ability to brush off market drama. As the market digests both the rumor and James Wynn’s denial. One thing is clear: in crypto, even a single screenshot can spark chaos. But for now, Wynn insists he’s staying on the sidelines until the market finds its footing.
October 16th, 2025 – Palo Alto, USA C1 Fund Inc. Announces Equity Purchase in Ripple, Leading Enterprise Blockchain Solutions Provider C1 Fund Inc. (NYSE: CFND) (“C1 Fund” or the “Fund”), a publicly traded closed-end investment company focused on late-stage digital assets and blockchain infrastructure, today announced it has bought shares in Ripple, a global provider of enterprise blockchain technology that aims to transform cross-border payments and financial infrastructure. Ripple’s established platform is used by a diverse array of financial institutions and enterprises globally, leveraging stablecoins such as RippleUSD (RLUSD) and the XRP Ledger (XRPL) — an open-source blockchain recognized for its efficient settlement and exchange of crypto-native and traditional financial assets. “Ripple’s technology and international reach fit directly with our strategy to support core infrastructure and institutional progress in blockchain finance,” said Elliot Han, Chief Investment Officer of C1 Fund Inc. “We believe this investment further positions C1 Fund to participate in the evolving landscape of digital assets.” This equity purchase marks a continuation of C1 Fund’s strategy to identify innovative companies advancing responsible digital asset adoption. Dr. Najam Kidwai, Chief Executive Officer of C1 Fund Inc., commented, “We are delighted to welcome Ripple to the C1 Fund portfolio as part of our ongoing commitment to back world-class digital asset companies. This investment underscores our confidence in Ripple’s leadership and innovation in the blockchain space. As we continue to expand and diversify our portfolio, investors can look forward to additional announcements in the near future as C1 Fund pursues opportunities with industry-leading digital asset and technology companies.” About C1 Fund Inc. C1 Fund Inc . is a Maryland corporation based in Palo Alto, California. C1 Advisors LLC, which is also based in Palo Alto, California, serves as the Fund’s investment adviser. The Fund’s investment objective is to maximize the portfolio’s total return, principally by seeking capital gains on the Fund’s equity and equity-related investments. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity and equity-linked securities of companies principally engaged in the digital assets services and technology sector. The Fund intends to achieve its investment objective by investing in a portfolio of what the Fund believes to be 30 of the top digital assets services and technology companies, excluding companies whose business is principally administered in the People’s Republic of China, including Hong Kong and Macao. Investors should consider the Fund’s investment objectives, risks, charges, and expenses carefully before investing. The Fund’s prospectus, which has been filed with the SEC, contains this information and should be read carefully before investing. Forward-Looking Statements NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE Contact
“Bitcoin’s weekly Bollinger Bands recently hit record tightness,” reported chartered market technician Tony Severino on Wednesday. For now, the cryptocurrency has failed to break out above the upper band with strength, despite reaching an all-time high of $126,000 earlier this week. According to past local consolidation ranges, “it could take as long as a hundred days to get a valid breakout (or breakdown, if BTC dumps instead),” he said. Bollinger Bands are a technical analysis tool used to measure market volatility and identify potential overbought or oversold conditions in assets. Potential to Go Parabolic The analyst added that expanding from a squeeze setup like this can lead to “head fakes,” which we might have seen with the latest move. “We also might see another head fake down from here before eventually taking off higher,” he said before adding: “This has the potential to send Bitcoin parabolic, or put an end to the three-year mature bull rally.” Chief strategist at Satsuma Technology, Mark Moss, said that Bitcoin breaking out to new peaks still doesn’t look anywhere near cycle peaks, “while external fundamentals are looking hot.” You may also like: BTC Price Prediction: Analyst Eyes $400K Peak, Here’s When Bitcoin Boom Imminent? Institutional and Derivatives Data Hint at Hidden Bullish Momentum Bitcoin (BTC) Taps a New ATH Above $126K, These Alts Head South: Market Watch “Unlike 2021, the Fed is not tightening; they are loosening, ETFs and BTC [treasury companies] are creating the greatest demand shock, and the world has woken up to the ‘debasement trade’.” Uptober Still On Track Despite today’s 2.5% pullback to the $121,000 level, Bitcoin’s ‘Uptober’ is still on track with the asset up 7% so far this month. BTC has gained in 10 of the past 12 Octobers and 8 of the past 12 fourth quarters, according to Coinglass. Meanwhile, analyst ‘Sykodelic’ is one of many who claim that the four-year cycle is no more. “The clear fact here is that Bitcoin has a fairly large area in which to expand before it would recent the end of its price cycle,” he said on Wednesday. “I would not be surprised if Bitcoin will NOT drop below $100k again, as we see $100k resistance turn into $100k support,” said Stock-to-Flow model creator ‘Plan B’. The September close was the fifth month in a row in six figures, and the same happened with $10, $100, $1,000, and $10,000, he added.
asset manager with $11 trillion in assets, bought $899.4 million worth of Bitcoin in a single day. As Ash Crypto shared via X, the post spread quickly across the crypto community, sparking excitement and debate. Many now question how accurate this report is and what effects it might have on the cryptocurrency market. BREAKING: 🇺🇸 $11 TRILLION BLACKROCK HAS BOUGHT $899.4 MILLION WORTH OF BITCOIN TODAY. IN A SINGLE FCKING DAY !!! YOU GUYS ARE NOT BULLISH ENOUGH pic.twitter.com/QCCJtSw1e7 — Ash Crypto (@Ashcryptoreal) October 8, 2025 BlackRock’s Growing Role in Bitcoin BlackRock has been strongly increasing its exposure to Bitcoin through its iShares Bitcoin Trust (IBIT). The company started investing in Bitcoin earlier this year after getting approval for its spot Bitcoin ETF. Since then, IBIT has become one of the most successful ETFs ever launched, attracting billions of dollars in inflows. Over the past few months, BlackRock has regularly bought Bitcoin to meet the growing investor demand. For example, in mid-September, data showed that IBIT added around 1,800 BTC, worth around $209 million at the time. Other reports said additional purchases in the $190–$200 million range. So while the exact $899.4 million figure mentioned is unconfirmed, it’s clear that BlackRock is buying around that range of Bitcoin. Why This Claim Got So Much Attention A single $899 million purchase would represent one of the largest daily Bitcoin buys by any institutional investor. News like that can easily boost market confidence, especially among retail investors who see it as a sign of mainstream adoption. When big players like BlackRock buy Bitcoin, it usually shows a growing belief that digital assets have a long-term future. Institutional interest can also attract more traditional investors who prefer regulated financial products, like ETFs, over direct crypto ownership. Even rumors of large purchases can influence the market’s behavior. Traders mostly react quickly to news that big firms are entering or expanding in the crypto market. Why Investors Should Stay Cautious Despite the excitement, it’s important to be cautious. Large companies often split their buys into smaller trades to avoid moving the market too much. Because of this, it’s hard to confirm any single-day number to the dot. Misinformation spreads fast in crypto, especially when the market is already very emotional. That’s why investors should always check for verified data from multiple sources before actually reacting. Still, even smaller confirmed purchases shows that institutional demand for Bitcoin remains strong. That steady interest could support Bitcoin’s price and stability over the long term. BlackRock’s Role in Bitcoin BlackRock is becoming a key player in the Bitcoin market. Its ETF has brought Bitcoin investing into the traditional finance world, giving everyday investors an easier and safer way to gain exposure. If more big asset managers follow this path, the crypto market could see even stronger institutional participation. That might lead to higher liquidity, less volatility and broader public trust. For now, these numbers have reignited the conversation about how much influence traditional finance giants like BlackRock have on Bitcoin’s future. As always, investors should stay informed, verify sources and remember that in crypto, big headlines move faster than the facts.
The best new meme coins with massive return potential are leading the charge in crypto, blending viral appeal with real earning opportunities. From MoonBull, Official Melania, Bullzilla, Notcoin, La Culex, Useless Coin, SPX6900, and Bonk, these tokens drive community excitement and speculation. For investors seeking early access to the next breakout, this list highlights where momentum, innovation, and opportunity converge. Among all, one contender is already catching more spotlight than the rest, MoonBull. This project has woven staking, rewards, and incentives into a strategy that could rewrite the way meme coins dominate the market. Investors seeking the next breakout are asking: Is MoonBull poised to outperform the competition? Let’s dive in. 1.MoonBull Features That Change the Game What happens when a meme coin actually delivers real financial power instead of empty hype? MoonBull ($MOBU) answers that question by offering a two-fold system that combines high-yield staking with a referral engine designed for viral growth. Once its token moves into the next phase, holders unlock a staggering 95% APY staking option, something rarely seen in the meme coin arena. Staking through the dashboard is simple, with rewards calculated daily and no minimum entry, making it accessible for both whales and small investors alike. This setup not only boosts individual earnings but also strengthens token stability across the community. On the other side, MoonBull’s referral program changes the game by instantly rewarding both the sharer and the invitee with generous token bonuses. At the same time, top referrers also scoop monthly USDC prizes. Together, these features transform MoonBull into an actual growth engine and one of the Best New Meme Coins for Massive Return Potential. 2. Official Melania: Politics Meets Blockchain Buzz Official Melania has quickly established itself as a meme coin that merges cultural identity with political branding, carving out a distinct place in the cryptocurrency conversation. By tapping into the high visibility of a recognizable figure, the project fuels viral chatter and stands apart from faceless tokens that often vanish without a trace. Investors and communities alike have rallied behind its symbolism, using the coin as a way to bridge mainstream conversations with the crypto space. The result is a project that thrives on curiosity, relevance, and shareability. With its strong presence and bold positioning, Official Melania demonstrates that meme coins can effectively leverage cultural icons to remain relevant in an ever-changing market. 3. Bullzilla: The Beast of Meme Coins Bullzilla storms into the meme coin space with sheer aggression and energy, branding itself as a dominant force ready to crush the competition. Its identity is rooted in power, excitement, and the thrill of speculative trading, giving it a raw edge that resonates with risk-takers. Built to thrive on hype cycles, Bullzilla rallies communities with ferocious branding that encourages holders to push harder and louder. The token embodies everything explosive about meme coins, community firepower, viral potential, and an unrelenting pursuit of attention. Its appeal lies in how it channels chaos into energy that sustains growth. Bullzilla isn’t just another token; it’s a meme coin beast designed to roar in a crowded marketplace. 4. La Culex: The Unexpected Meme Power La Culex thrives on its offbeat identity, leaning into insect-inspired energy that feels refreshingly different in the meme coin market. This quirky branding isn’t just for show; it reflects meme culture’s love of the absurd and unexpected. Instead of playing it safe, La Culex embraces the weird, and that’s precisely what drives community engagement. With tokenomics designed to create both scarcity and sustainability, it strikes a balance between novelty and market awareness. Holders view it as a bold departure from the traditional top meme coin template, lending it a niche appeal that sparks conversation and participation. La Culex’s unpredictability and uniqueness ensure it remains buzzing on investors’ radar as a coin that refuses to blend in. 5. Notcoin: Simplicity That Scales Notcoin’s greatest strength lies in its straightforward approach. In a crypto market often criticized for complexity, Notcoin embraces accessibility, making it easy for newcomers to step in without being overwhelmed. This stripped-down style has become its calling card, enabling it to expand quickly across audiences who value clarity over technical jargon. By creating an entry point that is fun, viral, and uncomplicated, Notcoin has positioned itself as a gateway for mainstream adoption. Its community thrives on inclusivity, and its lightweight identity gives it viral potential across casual circles. Notcoin has carved out a unique niche in the meme coin ecosystem by demonstrating that sometimes less really is more when it comes to growth. 6. Useless Coin: Turning Irony Into Influence Useless Coin lives up to its name by flipping expectations on its head. Its genius lies in its irony, branding itself as “useless” while becoming a surprisingly valuable community asset. In a world where meme coins thrive on inside jokes and shared humor, Useless Coin takes the joke further by embracing contradiction as its identity. The token resonates with investors who appreciate satire and are drawn to the playful idea that something labeled worthless can, in fact, gain momentum and value. Its community thrives on self-awareness, turning a meme into a collective movement. Useless Coin is proof that sometimes the strongest marketing strategy is not taking yourself too seriously. 7. SPX6900: Extreme Culture on the Blockchain SPX6900 captures attention by leaning into extreme, edgy aesthetics that echo the boldest corners of meme culture. Its unapologetic style resonates with thrill-seekers who crave rebellion, creating a project that thrives on pushing boundaries. With a design that screams viral energy, SPX6900 markets itself as more than just a token; it’s a digital identity for those who want to stand out. The coin thrives on boldness and risks, traits that often fuel rapid adoption in the speculative crypto world. Its ability to mirror the chaotic, raw side of internet culture makes it a favorite among degens who embrace the wild side of trading. SPX6900 is proof that in memes and markets alike, daring branding attracts daring communities. 8. Bonk: The Playful Powerhouse Bonk has carved a lasting spot in the meme coin universe thanks to its playful branding and strong grassroots community support. Unlike many tokens that struggle to find their identity, Bonk thrives on its lighthearted energy and its ability to spread joy across the crypto space. Its recognition across platforms has cemented its place as a familiar name in meme coin conversations, giving it both staying power and viral reach. The coin leverages community-driven fun, meme appeal, and social energy to sustain momentum, ensuring it doesn’t fade as a passing trend. Bonk continues to demonstrate how humor and participation can combine to create enduring presence. It isn’t just riding a trend; it has become part of the foundation of meme coin culture. Final Thoughts: The Meme Coin Moment Based on the latest research, MoonBull, Official Melania, Bullzilla, Notcoin, La Culex, Useless Coin, SPX6900, and Bonk are the Best New Meme Coins for Massive Return Potential that investors are closely watching. While all have their unique branding and cultural edge, MoonBull is the one making waves right now thanks to its high APY staking and smart referral incentives. This is more than a token; it’s a movement already gaining massive traction. For those seeking the strongest entry point before the market takes off, MoonBull stands out as the most compelling opportunity. The window is open, but it won’t stay that way for long. Acting now could mean securing a position before prices soar. FAQs Can small investors join MoonBull staking? Yes, there is no minimum requirement, making it accessible for everyone. What rewards can MoonBull referrers expect? Referrers earn 15% of purchases instantly plus monthly bonuses in USDC.
BNB Price Breaks Higher Binance Coin ( $BNB ) has been one of the standout performers in the recent market rally, climbing above the $1,150 mark after weeks of steady gains. The move comes as Bitcoin reclaimed levels above $120K and Ethereum consolidated above $4,500, giving altcoins the push they needed. BNB’s sharp surge highlights renewed investor confidence in exchange tokens, with Binance’s strong trading volumes and ecosystem growth adding further support. BNB Price Chart Analysis Looking at the daily chart, BNB has broken through multiple resistance levels and is now trading around $1,162. Support Levels: $1,000 (psychological and structural support) $928 (50-day moving average) $860 (previous accumulation zone) $730 (200-day moving average, major long-term support) Resistance Levels: $1,200–$1,250 is the immediate upside target. BNB/USD 1-day chart - TradingView A breakout above $1,250 could pave the way for a move toward $1,400. The strong uptrend (yellow trendline) shows BNB has been respecting its bullish channel, but the recent rally looks extended and may invite short-term profit-taking. Uptober Boost for Altcoins October, also known as “ Uptober ” in the crypto space, has historically delivered strong gains across major assets. This year, the trend is repeating: $ Bitcoin , $ Ethereum , $ XRP , and $ BNB all posted double-digit weekly increases. For BNB, Uptober enthusiasm has amplified its breakout, with traders speculating that this could be the start of a bigger push if market sentiment holds. Global Risks: Can the Rally Hold? Despite the bullish setup, the market faces serious macro challenges: U.S. Government Shutdown may delay Fed decisions and stall confidence. Middle East Conflicts (Israel–Gaza and regional instability) continue to weigh on global risk appetite. Economic Uncertainty around inflation and slowing growth adds volatility. These risks mean that while Uptober is fueling gains, traders must remain cautious of sudden reversals. BNB Price Prediction: What’s Next for BNB? If BNB manages to hold above $1,150, bulls may push toward the $1,200–$1,250 zone, which could unlock further upside momentum. Beyond that, $1,400 becomes the next key resistance to watch. On the downside, a rejection at $1,200 could trigger a pullback toward $1,000 support or even deeper toward $928. As long as BNB stays above $1,000, however, the bullish structure remains intact.
Contents Toggle Quick Breakdown Hack confirmed by CZ and BNB chain team Community raises concerns over security Possible cause: human error or social-layer attack Quick Breakdown Hackers compromised BNB Chain’s official X account, promoting fake BNB airdrops. CZ and the BNB Chain team confirmed the breach, warning users to avoid malicious links. Experts suggest the hack stemmed from human error or a “social-layer attack” rather than blockchain vulnerabilities. BNB Chain’s official X account has been compromised, with hackers using the platform to promote fake airdrop campaigns. The incident has triggered widespread warnings from former Binance CEO Changpeng Zhao (CZ) and the BNB Chain team, urging users to avoid clicking on suspicious links. Hack confirmed by CZ and BNB chain team On October 1, CZ confirmed that the official BNB Chain X account had been taken over by an unidentified party. Hackers began pushing multiple posts promoting a “BNB HODLer airdrop,” directing users to a fraudulent website posing as bnbchain.org. ALERT 🚨: The @BNBCHAIN X account is compromised. The hacker posted a bunch of links to phishing websites that ask for Wallet Connect. Do NOT connect your wallet. Security teams have notified X already, working to suspend the account first, then restore access. Also take-down… — CZ 🔶 BNB (@cz_binance) October 1, 2025 “Security teams have notified X already, working to suspend the account first, then restore access. Also take-down requests to take down all phishing websites,” CZ wrote. He warned users to double-check domains, even if they appear to come from verified X accounts. BNB Chain’s Chinese-language account also verified the breach, stressing that the English account had been hacked and warning followers not to interact with any suspicious links. Community raises concerns over security The attack sparked debate within the crypto community over the security of verified X accounts. Despite BNB Chain’s “gold check mark,” hackers managed to infiltrate the account, raising questions about the platform’s ability to safeguard official channels. “If a golden account can’t be secured, what’s the purpose of subscribing and paying that huge amount?” one X user criticized. Possible cause: human error or social-layer attack Experts have weighed in on how the breach might have occurred. Ilan Rakhmanov, CEO of ChainGPT, suggested that a BNB Chain team member may have unknowingly granted posting permissions to a malicious third-party application. Shanaka Anslem Perera, CEO of Pet Express Sri Lanka, described the breach as a “social-layer attack,” emphasizing that it was not the blockchain itself but the X account that was compromised. He advised the BNB team to freeze the account, revoke authenticator sessions, and publish a post-mortem for transparency. As of 06:00 AM UTC, the phishing posts had been removed, but the team is still working on regaining control. Meanwhile, BNB Chain validators submitted a proposal to halve gas fees and speed up block intervals, aiming to strengthen the network’s position as a leading venue for high-frequency trading and DeFi activity. “Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The official X (Twitter) account of BNB Chain was compromised on Wednesday, October 1, during the early hours of the Asian session. Attackers used the platform to promote a fraudulent “BNB HODLer Airdrop” designed to trick users into connecting their wallets to phishing sites. Binance Founder CZ Confirms BNB Chain’s X Account Hack Binance founder Changpeng Zhao (CZ) confirmed the breach in a series of posts, urging users not to interact with any of the suspicious links shared from the compromised account. “ALERT: The BNB Chain X account is compromised. The hacker posted a bunch of links to phishing websites that ask for Wallet Connect. Do NOT connect your wallet,” CZ warned. He added that the Binance exchange’s security teams had already notified X to temporarily suspend the account. The team is working to restore full control. “Always check the domains very carefully, even from official X handles. Stay SAFU!” the Binance executive articulated. In an earlier alert, CZ flagged that the account “may have been compromised.” The crypto executive advised caution before the extent of the breach was confirmed. The attacker’s post was shared through the official BNB Chain handle. It announced the BNB Chain HODLer Airdrop 53234234 and issued a call to action for BNB holders. The message included links redirecting users to malicious sites disguised as an official Binance portal. BNB Chain X Account Hacked. Source: The phishing scheme lured users to connect via WalletConnect, a popular tool for accessing decentralized applications (dApps). Once connected, attackers could potentially drain victims’ wallets. Binance has already filed takedown requests for all linked phishing sites while coordinating with X to remove the fraudulent posts. The post has since been deleted, and community members have echoed CZ’s warning to avoid interacting with it. Still, the scam post remains visible to some users, though warnings from the community quickly flagged it as illegitimate. Don interact with this post! Stolen Account 🚨 — Jesus October 1, 2025 Despite the breach, BNB’s market reacted with relative stability. At the time of writing, the token was trading at $1,010, down just 1.08% over the past 24 hours. BNB Price Performance. Source: The resilience suggests that while phishing scams remain a threat, especially on social media, investor confidence in Binance’s security response has prevented widespread panic. High-profile account compromises have become a recurring issue on X. Verified and official accounts often serve as primary communication channels for major crypto projects. Attackers exploit this trust by pushing scams that appear legitimate at first glance. Recently, bad actors commandeered the X account of Kenya’s former Prime Minister Raila Odinga to promote a fraudulent Kenya Token. The incident highlights the importance of verifying links independently and exercising caution even when posts come from official handles. “Always check the domains very carefully,” CZ emphasized. With investigations ongoing, Binance’s teams continue efforts to restore the BNB Chain account and secure its communication channels. Until then, users should ignore all recent posts that promote crypto airdrops or request wallet connections. BNB Chain did not immediately respond to BeInCrypto’s request for comment.
Key Notes Binance founder notified the public of a recent hack of BNB Chain's X account. The bad actor posted some links to phishing websites that requested Wallet Connect. Later, CZ revealed that the account was restored. The last quarter of 2025 may not have started on a great note for BNB Chain due to a recent attack on its social media account. Binance founder Changpeng Zhao, CZ, took to X to alert the public that the @BNBCHAIN X account was compromised. BNB Chain Hacker Spreads Phishing Links for Wallet Connect On Oct. 1, CZ took to X to announce the attack on BNB Chain’s X account, explaining the actions that the bad actor had performed after successfully gaining control of the social media account. Apparently, the crypto founder had earlier notified his followers of the possible hack. He encouraged them to avoid clicking on any link recently posted from the account. At the time, he claimed that the BNB Chain team had swung into action and was already investigating the exploit, with a promise to provide updates as it progresses. In his follow-up post, CZ told his readers that the hacker went about posting a lot of links to phishing websites that requested Wallet Connect. ALERT 🚨: The @BNBCHAIN X account is compromised. The hacker posted a bunch of links to phishing websites that ask for Wallet Connect. Do NOT connect your wallet. Security teams have notified X already, working to suspend the account first, then restore access. Also take-down… https://t.co/QeEnCCbFZe — CZ 🔶 BNB (@cz_binance) October 1, 2025 Any user who supplied his data could have his entire holdings siphoned in a few seconds. Hence, CZ’s advice to all is “Do NOT connect your wallet.” To ensure that the impact of the hack is contained, the BNB Chain team has contacted X to get the account suspended, at least until they are certain that users and the funds are safe. By the time this article is published, CZ has already made an important update. The account is now restored. According to the made statements, all victims will get compensation. X account restored. Hacker got $13k. Security team(s) still tracking, with a possible linked KYC. Hacker went through all these trouble, plus criminal liability. He could have made more by building. Victims will be compensated in full. Social media security is not the same as… https://t.co/rVYK1NRguz — CZ 🔶 BNB (@cz_binance) October 1, 2025 Milestones for the BNB Chain The hacker decided to launch this attack at a time when the BNB Chain is enjoying the spotlight. The Maxwell hard fork on the BNB Smart Chain recently reduced block times by nearly 50%. It went from 1.5 seconds to 0.8 seconds. Also, Franklin Templeton’s $1.6 trillion asset manager integrated its BENJI Fund. This deal is more significant because it picked BNB Chain for its Real World Asset (RWA) platform expansion. In terms of price, the native token of the protocol, BNB, has risen significantly in recent weeks. From struggling to move above $800, BNB now trades at $1,011. It has recorded up to a 16.75% increase within the last 30 days. Although the news of the hack may have toggled with its performance, as the data from CoinMarketCap shows, BNB is currently 0.81% down.
Key Takeaways: Bitcoin trades near $117,500, stability anticipated. Analysts dismiss sharp decline below $110,000. Market sentiment shows cautious optimism for Bitcoin. Bitcoin Price Stability Amid Market Fluctuations Expected Bitcoin is experiencing heightened volatility as prices fluctuate between $108,000 and $117,500, drawing attention from market analysts and investors for potential movement within key support zones. Analysis suggests a retest of support is possible, but a substantial drop below $110,000 is unlikely despite market turbulence, impacting short-term investment strategies and broader market sentiment. Bitcoin’s price is currently fluctuating between $108,000 and $117,500, according to the latest data. Analysts suggest a retest of the $100,000–$113,000 support is possible but predict stability above $110,000 this week. Michael Saylor, Chairman of MicroStrategy, emphasizes a long-term bullish outlook. Rekt Fencer, a noted Twitter analyst, asserts a SEPTEMBER DUMP IS NOT COMING. $BTC already front-ran the sell-off. Both highlight Bitcoin’s resilience and potential for a future peak. Recent volatility in Bitcoin’s price has triggered concerns, yet experts foresee stability. ETF outflows have increased selling pressure, while high whale accumulation indicates continued confidence from major stakeholders. Bitcoin’s price action is receiving attention due to historical precedents. Technical indicators show support and resistance levels which suggest consolidation rather than extended decline, corroborating analyst views. Community sentiment reflects cautious optimism, yet no drastic regulatory interventions are expected. This aligns with historical September trends of negative returns but positions Bitcoin for an eventual upward trajectory. Michael Saylor remarked, “Saylor remains one of the most influential Bitcoin advocates and continues MicroStrategy’s pro-Bitcoin treasury strategy…” Analysts forecast potential financial gains, citing past trends and current indicators. Bitcoin accumulation by whale addresses suggests a buy opportunity. The uptick positions the cryptocurrency for potential growth in the next few months.
Delivery scenarios