---
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, 12:02 UTC. Events: 176.

## Market snapshots

- [BTC](<https://whycoinmoves.com/en/coins/bitcoin>): $81,651.60; 24h -0.14%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [ZEC](<https://whycoinmoves.com/en/coins/zcash>): $1,224.58; 24h -2.31%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [HYPE](<https://whycoinmoves.com/en/coins/hyperliquid>): $77.95; 24h -0.23%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [ADA](<https://whycoinmoves.com/en/coins/cardano>): $0.21677; 24h +0.00%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [BNB](<https://whycoinmoves.com/en/coins/binancecoin>): $747.00; 24h +1.84%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [DOGE](<https://whycoinmoves.com/en/coins/dogecoin>): $0.08018; 24h +1.04%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [ETH](<https://whycoinmoves.com/en/coins/ethereum>): $2,399.73; 24h -0.16%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [HBAR](<https://whycoinmoves.com/en/coins/hedera-hashgraph>): $0.07941; 24h -1.65%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [LINK](<https://whycoinmoves.com/en/coins/chainlink>): $12.08; 24h +0.15%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [LTC](<https://whycoinmoves.com/en/coins/litecoin>): $58.94; 24h -0.85%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [SHIB](<https://whycoinmoves.com/en/coins/shiba-inu>): $0.000005; 24h +1.59%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [SOL](<https://whycoinmoves.com/en/coins/solana>): $104.40; 24h -0.12%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [SUI](<https://whycoinmoves.com/en/coins/sui>): $0.9931; 24h +0.54%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [TRX](<https://whycoinmoves.com/en/coins/tron>): $0.3304; 24h -0.06%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [XLM](<https://whycoinmoves.com/en/coins/stellar>): $0.17657; 24h -0.98%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [XRP](<https://whycoinmoves.com/en/coins/ripple>): $1.32; 24h -0.58%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [DACITY](<https://whycoinmoves.com/en/coins/dacity-coin-3>): $0.018934; 24h +161.91%; CoinGecko · USD; 23/10/2026, 11:46 UTC.
- [PEARL](<https://whycoinmoves.com/en/coins/pearl-2>): $0.855; 24h +0.00%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [AXIS](<https://whycoinmoves.com/en/coins/axis-robotics>): $0.278368; 24h -3.66%; CoinGecko · USD; 23/10/2026, 11:46 UTC.
- [PONS](<https://whycoinmoves.com/en/coins/pons>): $0.2576; 24h -0.65%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [PUMP](<https://whycoinmoves.com/en/coins/pump-fun>): $0.004626; 24h -3.69%; Gate · USDT; 23/10/2026, 12:02 UTC.
- [OA](<https://whycoinmoves.com/en/coins/onlyagent>): $0.000003; 24h -99.98%; CoinGecko · USD; 23/10/2026, 11:46 UTC.

## Latest events

### [Draft plan aims to cut Ethereum finality time to about four minutes](<https://whycoinmoves.com/en/events/ethereum-ethereum-s-four-minute-settlement-6a30c259f39a64>)

CoinDesk reported that Ethereum researchers filed a draft proposing to reduce transaction finality from about 16 minutes to roughly four, a fourfold improvement. Coordinator Ben Edgington filed it with Francesco D’Amato, Roberto Saltini, Yann Vonlanthen and Mikhail Kalinin; the design is unfinished and has no activation date, with voting timings, penalties and parts of its security analysis still unresolved.

### [Bitcoin's market share reaches highest since May as altcoins slip](<https://whycoinmoves.com/en/events/bitcoin-crypto-traders-seek-shelter-bitcoin-b4d8cc424e39c1>)

CoinDesk reported that bitcoin's dominance rate, its share of total crypto market value, hit 60% on Wednesday and stayed near that level, the highest since May. The report said bitcoin slipped below $82,000 on Thursday after briefly topping $84,000 on Wednesday, while smaller tokens fell and the CoinDesk Memecoin Index dropped more than 5%.

### [Bitcoin falls below $82,000 as AI doubts weigh on equities](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-slides-below-82-000-611012b75e6ce4>)

CoinDesk reported that bitcoin fell as much as 2.9% from midnight UTC to around $81,600, dropping below $82,000, after mixed earnings from Tesla and Meta revived doubts about AI spending and pushed equities lower in Asia. The report said the CoinDesk 80 index fell 3.2%, ether lost 2.6% to near $2,400 and the DeFi sector index slid 5.6%.

### [Spot bitcoin ETFs attract $528 million in single-day inflows](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-etfs-draw-528-million-911f99c804c383>)

Spot bitcoin ETFs drew $528 million on Wednesday, The Block reported, with BlackRock and Fidelity leading what the outlet described as a recovery in institutional demand. The same report said ether funds ended a five-day outflow streak.

### [Starknet voters back research into post-Ethereum, quantum-resistant chain](<https://whycoinmoves.com/en/events/ethereum-starknet-voters-back-research-into-b63a1162087dd4>)

Starknet voters approved research into a life beyond Ethereum, and StarkWare said it plans to release a draft whitepaper in November as it explores an independent, quantum-resistant blockchain, Cointelegraph reported.

### [Starknet community backs research into independent post-quantum Layer 1](<https://whycoinmoves.com/en/events/starknet-starknet-community-overwhelmingly-backs-research-512d263b1357bc>)

Starknet's community voted to support research into becoming an independent, quantum-resistant Layer 1, with a draft whitepaper expected in November, The Block reported. Cointelegraph reported that StarkWare plans to release the draft as it explores a blockchain beyond Ethereum. No vote tally was given.

### [TRON releases java-tron GreatVoyage v4.8.2.4](<https://whycoinmoves.com/en/events/tron-tron-java-tron-greatvoyage-v4-f4d67145efca80>)

TRON announced the release of java-tron GreatVoyage-v4.8.2.4, the project said in its own release note. The announcement names only the version and gives no details on what the update changes or when node operators should upgrade.

### [Bitcoin slips back below $84,000 as Asian equities sell off](<https://whycoinmoves.com/en/events/bitcoin-asian-stocks-tumble-bitcoin-retreats-37345a285e59ce>)

CoinDesk reported that bitcoin gave up its advance above $84,000 and retreated toward $82,000 as Asian stocks tumbled, with the CSI 300 down 2% on the day and 20% from its June peak. The report said technology shares led regional losses, Brent crude climbed above $112 a barrel and gold fell more than 1% to below $4,100 an ounce.

### [KuCoin lists Axis Robotics (AXIS)](<https://whycoinmoves.com/en/events/axis-robotics-axis-robotics-axis-listed-kucoin-8db7d5ed701ea1>)

KuCoin announced the listing of Axis Robotics (AXIS), according to the exchange's own announcement. The notice gives no trading pair, schedule or deposit details. The listing follows earlier coverage of Upbit opening a Korean won market for the token.

### [Chinese court accepts prosecutors' bid to confiscate Bitcoin seized in UK](<https://whycoinmoves.com/en/events/bitcoin-china-seeks-seize-61-800-4164ce7516a9b9>)

The Tianjin No. 2 Intermediate People's Court accepted a September 28 prosecutors' application to confiscate assets tied to Zhimin Qian, including 61,896 BTC seized in the UK, Decrypt and CoinDesk reported, citing The Paper. Bitcoin Magazine put the haul at nearly 62,000 BTC, worth about $5 billion at recent prices; Decrypt cited about $5.1 billion. Prosecutors say the scheme raised more than 40.38 billion yuan from over 102,000 investors.

### [US spot Bitcoin ETFs take in about $1.07 billion over three sessions](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-etfs-attract-1-08-7421d6e582dfce>)

Decrypt reported that U.S. spot Bitcoin ETFs drew $524.8 million on Wednesday, extending a three-session streak to roughly $1.07 billion and flipping October flows to a gain of about $460 million. Cointelegraph put the three-day total at $1.08 billion, while CoinDesk noted the pace remains below the $200 million-plus daily average seen in past steep rallies.

### [XRP Ledger bug fix delayed to November after validator support dip](<https://whycoinmoves.com/en/events/ripple-xrp-ledger-bug-fix-moved-969f6dcc0efb9b>)

Support for the XRP Ledger fix fixCleanup3\_4\_0 briefly fell below the threshold of 29 of 35 trusted validators during a check, resetting its two-week countdown, CoinDesk reported. The fix had been due to activate on October 23; XRPLWin now lists it for November 4, with support back at 31 of 35 validators.

### [Bitcoin slips below $82K after Tesla and Meta results unsettle tech markets](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-gives-back-its-run-c5768e2dae0af9>)

Bitcoin gave back a late run to about $85,000 and was flat just under $82,800 on Thursday Asian morning, CoinDesk reported, after mixed Tesla and Meta results sent Nasdaq futures lower. Cointelegraph said the retreat followed Tesla's lower-than-expected Q3 capital expenditure.

### [Aerodrome and Velodrome merge to launch Aero across seven networks](<https://whycoinmoves.com/en/events/aerodrome-finance-aerodrome-velodrome-merge-launch-aero-7129fef9415371>)

Aerodrome and Velodrome have merged and will launch a token called Aero across seven blockchain networks, The Block reported: Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc and Arbitrum. The report did not specify a launch date or the terms of the merger.

### [Ethereum developers postpone Glamsterdam upgrade on Hoodi testnet](<https://whycoinmoves.com/en/events/ethereum-glamsterdam-hoodi-postponed-a213aec392a42f>)

Core developers postponed the Glamsterdam upgrade on the Hoodi testnet, which Ethereum's blog says was scheduled for October 26, 2026 at 17:42:48 UTC (epoch 132,352), to allow further investigation of how EIP-8037 interacts with mainnet smart contracts. No new activation date has been set, and the blog says mainnet users and ETH holders need take no action.

### [Why did QTC drop 2.26% in 1 minute? Evidence check · 2026-10-21](<https://whycoinmoves.com/en/events/quantus-move-1792621200>)

QTC changed -2.26% over a 1-minute sampled interval on Gate · USDT. Cause unresolved; nearby reports do not establish causation.

### [Three firms notify SEC of plans for tokenized stock trading venues](<https://whycoinmoves.com/en/events/bitcoin-three-companies-have-notified-sec-0901bfeec7b6c1>)

Three companies — Tokenized Stock Venue, Perpetuals.com and OKX — have notified the U.S. Securities and Exchange Commission of plans to operate venues trading tokenized stocks, the SEC said in a Wednesday announcement reported by Bitcoin Magazine. OKX filed alongside Intercontinental Exchange for a platform called OKXICE. The SEC said listing does not mean the firms meet all rule requirements.

### [Trump didn‘t mention ‘crypto’ once in White House cybercrime roundtable](<https://whycoinmoves.com/en/events/official-trump-trump-didn-t-mention-crypto-9b2a4eabfa110d>)

Cointelegraph: “The US President detailed many schemes defrauding Americans, but referred only to “cybercurrency“ related to scams.”

- [Security](<https://whycoinmoves.com/en/topics/security.md>)
- [Regulation](<https://whycoinmoves.com/en/topics/regulation.md>)
- [Exchanges](<https://whycoinmoves.com/en/topics/listing.md>)
- [Project updates](<https://whycoinmoves.com/en/topics/upgrade.md>)
- [Market watch](<https://whycoinmoves.com/en/topics/market.md>)
- [General news](<https://whycoinmoves.com/en/topics/general.md>)

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