Binance CEO Richard Teng thanked Trump for his pardon: "Thank you President Trump, the news of CZ's pardon is worth reflecting on - not only on his personal journey, but also on the development of the cryptocurrency industry. CZ's belief in the power of cryptocurrency and empowering users has laid the foundation for many achievements today. At Binance, we continue to move forward with a new sense of mission. We are writing a new chapter - focusing on improving the accessibility of finance through reducing costs, enhancing trust, and global innovation. We are ready to support policymakers in the United States and around the world, creating a more open and convenient financial future for the public."

according to Lookonchain monitoring, today 10 Bitcoin ETFs had a net outflow of 246 BTC (worth $27.02 million), while 9 Ethereum ETFs had a net inflow of 26,052 ETH (worth $100.56 million).

according to Bubblemaps monitoring, an entity received a $10 million worth of MET token airdrop. Specifically, wallet addresses 3vAauD and 2zVx7U received $7 million and $2 million worth of MET token airdrop respectively. On-chain data shows that the transfer records of $530,000 worth of RAY tokens and 1000 USDC coins between these two wallets indicate a relationship, suggesting they may be controlled by the same entity. Bubblemaps stated that the amount received in this airdrop may be the largest single airdrop record so far this year.

 Hong Kong-listed company Moon Inc. (HKEx code: 1723) raised approximately $8.8 million and plans to launch Bitcoin prepaid cards in Thailand and South Korea, with plans to expand across Asia. This round of financing is supported by multiple Bitcoin miners and investors through the issuance of new shares and convertible bonds.

 according to market news: Spanish listed company Vanadi Coffee (stock code: VANA.MC) added 2 bitcoins to its holdings, bringing the total number of bitcoins held by the company to 111.

 according to on-chain analyst Yu Jin's monitoring, an investor who received 1 million SOL investment allocation completed the final liquidation of 743,000 HYPE tokens, worth $28.21 million. The investor's 10-month investment in HYPE has been completely liquidated, with a total profit of $23.83 million.

according to the data of the Hong Kong stock market, as of the close of trading, the turnover of 6 Hong Kong virtual asset ETFs today was 15.3457 million Hong Kong dollars, including: Huaxia Bitcoin ETF (3042.HK) with a turnover of 6.07 million Hong Kong dollars, Huaxia Ethereum ETF (3046.HK) with a turnover of 6.58 million Hong Kong dollars, Jiashi Bitcoin ETF (3439.HK) with a turnover of 0.5738 million Hong Kong dollars, Jiashi Ethereum ETF (3179.HK) with a turnover of 0.5856 million Hong Kong dollars, Bosh HashKey Bitcoin ETF (3008.HK) with a turnover of 1.31 million Hong Kong dollars, and Bosh HashKey Ethereum ETF (3009.HK) with a turnover of 0.2263 million Hong Kong dollars.

 the market shows ETH breaking through $3900, now trading at $3900.78, with a 24-hour increase of 1.01%. The market is fluctuating significantly, so please manage risk properly.

KRAKEN: investigating issues related to TRX fund gateway.

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On October 23, according to 4E observation, Securities and Exchange Commission (SEC) Chairman Paul Atkins and Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline Pham stated that the two major regulatory agencies are striving to complete a milestone in cryptocurrency regulation by the end of the year. CFTC is focusing on the management of "spot cryptocurrency trading and tokenized collateral," while SEC is advancing the "Project Crypto" plan and proposing an innovative regulatory exemption system. Some regulatory processes are limited by the government shutdown. The White House previously suggested that SEC research safe harbors and registration exemptions, CFTC was authorized to regulate non-securities digital asset spot markets, and Congress is also pushing legislation to clarify regulatory boundaries.

according to an official announcement, Binance announced that it will suspend token deposits and withdrawals on the Shentu (CTK) network at 20:00 on October 24, 2025 to support its network upgrade and hard fork. This upgrade is expected to take place at block height 26,267,300, with an estimated time of 21:00 on October 24, 2025.

 CZ stated on social media that it is a common sense. Most people "in the crypto circle" understand this, but most people "outside the crypto circle" may not realize it yet. Tokenizing gold is not "gold on the chain". It is just tokenizing the idea of "you believe that a third party will give you gold at some point in the future" - even if their management has changed by then, maybe decades have passed, or even during wartime. This is actually a kind of "trust me bro" token. This is why no "gold coin" has really become popular.

 Cryptoquant analyst Axel Adler Jr. released a market analysis stating that both Bitcoin and the S&P 500 index are currently maintaining at the late stage of a bull market. The S&P 500 index has a return rate of 13% over the past 52 weeks, indicating that the market is still in a risk-on mode - at this stage, investors are optimistic about the economic outlook and are more inclined to allocate to stocks, cryptocurrencies, and other risky assets in pursuit of higher returns.

 according to Whale Alert monitoring, 400 million USDT (worth 4.0014809 billion US dollars) were transferred from HTX to Aave (decentralized lending platform).

 as agreed by both China and the United States, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will lead a delegation to Malaysia from October 24th to 27th for economic and trade consultations with the US. The two sides will hold consultations on important issues in the China-US economic and trade relationship in accordance with the important consensus reached in the various phone calls between the two countries' leaders this year.

 Binance Alpha announced that it will launch Meteora (MET) on October 23, 2025 at 21:00 (UTC+8) and simultaneously start an airdrop activity. Users holding at least 226 Binance Alpha points can receive 32 MET tokens on a first-come, first-served basis. If the prize pool is not fully distributed, the points threshold will automatically decrease by 15 points per hour. Claiming the airdrop will cost 15 Binance Alpha points, and users must confirm the claim on the Alpha activity page within 24 hours, otherwise it will be considered as forfeited.

The Luma team announced that its core smart contracts have successfully passed a comprehensive code audit conducted by CertiK, a globally recognized blockchain security firm.

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American investor Louis Navellier stated in a report that the recent comprehensive decline in US Treasury yields indicates that the Federal Reserve will cut interest rates. Navellier expects the Fed to cut interest rates at the meetings on October 29 and December 10, with the market expecting a 97% chance of a 25 basis point rate cut in October and a 94% chance of another 25 basis point rate cut in December.