Despite the drop accumulation continues, with China Renaissance aiming to raise $600 million for a publicly traded crypto treasury focused solely on BNB.

With rising liquidity, regulatory clarity and institutional use, stablecoins are moving beyond crypto trading to challenge traditional payment networks, DWS said.

[Binance Launches $300 Million Token Voucher and $100 Million Institutional Support Program] On October 14, Binance announced the launch of the 'Together Initiative' to address recent crypto market fluctuations. The plan includes: 1) Issuing a total of $300 million in token vouchers for users who incurred losses exceeding $50 due to forced liquidation between October 10-11, 2025, and whose losses account for more than 30% of their net assets; 2) Establishing a $100 million low-interest loan fund to support affected institutional users in resuming operations. Token vouchers will be distributed within 96 hours, and applications for institutional support must be submitted through account managers.

[U.S. Government Seeks $1.4 Billion Bitcoin Asset Forfeiture] The U.S. government is seeking to confiscate $1.4 billion worth of Bitcoin assets, targeting a Cambodian national involved in cryptocurrency fraud. This will become one of the largest cryptocurrency asset forfeiture cases in U.S. history. The case involves complex transnational fraud activities, with victims spread across the globe. The community is concerned that such cases may impact trust in the cryptocurrency market and the regulatory environment. (Decrypt)

[Grayscale Deposits 1,856 BTC and 29,700 ETH into Coinbase] Grayscale has deposited 1,856 BTC (worth $206 million), 29,700 ETH (worth $151 million), and 10,500 SOL (worth $2 million) into Coinbase Prime. This move may be related to asset management or trading plans, with specific impacts yet to be observed. (Lookonchain)