--- canonical: "https://whycoinmoves.com/en/" language: en --- # Crypto news today: why the crypto market is up or down Source coverage is not truth probability. Observed returns do not establish causation. Last collection: 23/10/2026, 17:11 UTC. Events: 188. ## Market snapshots - [BTC](): $81,756.00; 24h +0.67%; Gate · USDT; 23/10/2026, 17:11 UTC. - [PEPE](): $0.000005; 24h +9.83%; Gate · USDT; 23/10/2026, 17:11 UTC. - [ZEC](): $1,249.88; 24h +3.74%; Gate · USDT; 23/10/2026, 17:11 UTC. - [LINK](): $12.04; 24h +1.45%; Gate · USDT; 23/10/2026, 17:11 UTC. - [HYPE](): $78.71; 24h +2.22%; Gate · USDT; 23/10/2026, 17:11 UTC. - [ADA](): $0.21629; 24h +2.31%; Gate · USDT; 23/10/2026, 17:11 UTC. - [AVAX](): $9.13; 24h +0.26%; Gate · USDT; 23/10/2026, 17:11 UTC. - [BCH](): $286.42; 24h +4.83%; Gate · USDT; 23/10/2026, 17:11 UTC. - [BNB](): $747.50; 24h +2.69%; Gate · USDT; 23/10/2026, 17:11 UTC. - [DOGE](): $0.07998; 24h +2.00%; Gate · USDT; 23/10/2026, 17:11 UTC. - [ETH](): $2,409.01; 24h +1.30%; Gate · USDT; 23/10/2026, 17:11 UTC. - [HBAR](): $0.07903; 24h -0.59%; Gate · USDT; 23/10/2026, 17:11 UTC. - [LTC](): $58.46; 24h +0.29%; Gate · USDT; 23/10/2026, 17:11 UTC. - [ONDO](): $0.4316; 24h +1.24%; Gate · USDT; 23/10/2026, 17:11 UTC. - [PI](): $0.07881; 24h +1.05%; Gate · USDT; 23/10/2026, 17:11 UTC. - [SHIB](): $0.000005; 24h +2.52%; Gate · USDT; 23/10/2026, 17:11 UTC. - [SOL](): $104.65; 24h +1.09%; Gate · USDT; 23/10/2026, 17:11 UTC. - [SUI](): $0.9906; 24h +1.62%; Gate · USDT; 23/10/2026, 17:11 UTC. - [TRX](): $0.3296; 24h +0.48%; Gate · USDT; 23/10/2026, 17:11 UTC. - [XLM](): $0.17681; 24h +0.81%; Gate · USDT; 23/10/2026, 17:11 UTC. - [XRP](): $1.31; 24h -0.11%; Gate · USDT; 23/10/2026, 17:11 UTC. - [UHI](): $0.033205; 24h +155.74%; CoinGecko · USD; 23/10/2026, 16:58 UTC. - [DACITY](): $0.02109; 24h +127.19%; CoinGecko · USD; 23/10/2026, 16:58 UTC. - [PEARL](): $2.00; 24h -7.03%; Gate · USDT; 23/10/2026, 17:11 UTC. - [AERO](): $0.7555; 24h -5.29%; Gate · USDT; 23/10/2026, 17:11 UTC. - [AXIS](): $0.259549; 24h -5.96%; CoinGecko · USD; 23/10/2026, 16:58 UTC. - [PUMP](): $0.004572; 24h -0.32%; Gate · USDT; 23/10/2026, 17:11 UTC. ## Latest events ### [Cysic suspends bridge after minted tokens moved to Ethereum]() The Block reports that an attacker minted 10 million CYS tokens and moved about $727,000 in proceeds to Ethereum through Mayan, deBridge and SWFT's Bridgers. Cysic suspended its bridge following the incident, according to the report. The report does not state who is responsible or whether the minted tokens were burned. ### [US spot Bitcoin ETFs post $228.6M weekly net outflow]() US spot Bitcoin ETFs lost a net $228.6 million in the week through Friday, Decrypt reported, following a $681.1 million outflow the prior week for roughly $910 million out over two weeks. The week included a $175.7 million inflow and a $261.4 million redemption day. October outflows now total about $615 million, the tracker reported; cumulative net inflows since January 2024 are $57.3 billion. ### [Analysts split on bitcoin's year-end outlook as inflation weighs]() Bitwise's Ryan Rasmussen told CoinDesk he expects bitcoin to end the year higher, potentially above $100,000, citing ETF and corporate buying, demand for hard assets and clearer regulation. LO:TECH research head Adam Morgan McCarthy, also speaking to CoinDesk, instead sees an $85,000–$95,000 range, pointing to Fed hikes in September and a roughly 75% priced chance of a December hike. CoinShares' James Butterfill and Laser Digital's Luca Invernizzi are cited as seeing macro conditions, including inflation and Treasury yields, driving direction. ### [Crypto Firms Form Quantum Alliance as 6.04M BTC Called Quantum-Exposed]() Nine crypto organizations, including Quantus, Postquant Labs, Midnight Foundation, Keystone, Abelian and security firm Hacken, launched the Quantum Alliance, Decrypt reported. The open standards body will set criteria for quantum-resistance claims and migration compatibility. The Alliance counts roughly 6.04 million BTC, about 30% of supply, as quantum-exposed at rest. ### [Stellar Core v30.0.0 released]() Stellar Core, the project's own node software, announced the release of version 30.0.0 in a post on its release channel. The announcement gives no further details on what changed in this version or on upgrade requirements for node operators. ### [TD Cowen raises Strive target on bitcoin buying]() TD Cowen lifted its price target on Strive by 27%, according to The Block, citing the company's bitcoin purchase plans and easing warrant-related stock pressure. Strive reportedly plans fresh funding to buy more bitcoin. The report does not specify the dollar amount raised, the number of bitcoin targeted, or the prior target value. ### [MSCI finalizes rule that could remove Bitcoin treasury firms from its indexes]() MSCI said in an announcement dated October 15 that it will treat "non-operating companies" as ineligible for its Global Investable Market Indexes, a change effective at the close of November 30 during its November index review, Decrypt reported. The rule targets firms whose balance sheets are dominated by a single asset, such as Michael Saylor's Strategy, which holds hundreds of thousands of Bitcoin, and Japan's Metaplanet. MSCI said it would publish the final list of affected companies on November 11. ### [BNB Smart Chain node releases version 1.8.1]() The BNB Smart Chain node project announced the release of version 1.8.1 of its node software. The announcement came from the project itself and did not state what changes, fixes or upgrade schedule the release includes. ### [New listing: Listing of DRVUSDT on Bybit Perpetual on Oct 16, 2026, 10:30AM UTC]() Independent verification remains incomplete. Routine single-source report; no generated explanation. Read the linked source. ### [KuCoin Futures New Listing: PYBOBOUSDT Perpetual Contract with Up to 8x Leverage (2026-10-16)]() Independent verification remains incomplete. Routine single-source report; no generated explanation. Read the linked source. ### [Ethereum postpones Glamsterdam activation on Hoodi testnet]() Ethereum's official blog said the October 26 activation of the Glamsterdam upgrade on the Hoodi testnet, along with the planned gas-limit increase to 200M, has been postponed. Glamsterdam, which combines the Amsterdam execution-layer upgrade with the Gloas consensus-layer upgrade, was previously activated on Sepolia on October 6; a mainnet activation date has not been decided. ### [Monero publishes GUI and CLI 0.18.5.4 'Fluorine Fermi' releases]() The Monero project announced the 0.18.5.4 'Fluorine Fermi' release of both its CLI software and its GUI wallet, describing each as a minor release containing bug fixes. According to the project, the CLI release came from 2 contributors across 6 commits with 35 new lines of code, while the GUI release came from 2 contributors across 8 commits with 38 new lines of code. The posts also give SHA256 hashes and a GPG-signed hash list for verifying downloads. ### [Solana study models geo-aware leader schedule proposal SIMD-0675]() A Solana study evaluates SIMD-0675, a proposal to reorder the stake-weighted random leader schedule so consecutive leaders are geographically close, cutting handoff latency without changing any validator's number of leader windows. It tests two parameters, STAKE\_FLOOR and RUN\_LENGTH, across 6,250 synthetic Monte Carlo networks built on today's 124 validator locations grouped in six macroregions. - [Security]() - [Regulation]() - [Exchanges]() - [Project updates]() - [Market watch]() - [General news]() [Full reading list]()