KEY TAKEAWAYS Governments are shifting from crypto skepticism to active participation and regulation. Kenya and Nigeria are leading in Africa with clear legal frameworks recognizing digital assets. The U.S. is exploring Bitcoin as a potential reserve asset through policy proposals like the BITCOIN Act. Motivations include economic diversification, innovation, inflation hedging, and geopolitical strategy. Seized crypto assets are increasingly being held or repurposed for national development. Regulatory clarity underpins these moves, ensuring oversight, fraud prevention, and investor protection.   Government crypto investments are becoming a pivotal chapter in the unfolding narrative of digital finance, marked by increasing regulatory clarity, strategic asset holdings, and evolving policies. Behind the scenes, governments worldwide are transitioning from hesitant observers or outright skeptics to proactive participants and regulators in the cryptocurrency space.  This article explores what is truly happening as governments invest in cryptocurrencies, regulate digital assets, and shape the future of this transformative technology. The Shift in Government Stance on Crypto Investments Once, governments viewed cryptocurrencies with suspicion or hostility, associating them mainly with illicit activities or systemic risks. However, the global rise in crypto adoption, the technology’s potential for financial innovation, and its increasing mainstream legitimacy have driven many governments to reconsider their stance.  For example, Kenya recently passed a crypto asset law aimed at providing legal clarity to boost investments in digital assets and fintech, signaling a shift toward embracing crypto as a regulated asset class that can help modernize their financial sectors. Similarly, Nigeria’s Investments and Securities Act (ISA) 2025 officially recognizes cryptocurrencies as securities. This landmark legislation brings digital assets under the regulatory umbrella of Nigeria’s Securities and Exchange Commission (SEC), creating a robust framework for investment, fraud prevention, and market integrity.  The move legitimizes crypto investments and encourages institutional and individual participation in the Nigerian crypto market, once marred by uncertainty and crackdowns. Why Some Governments Are Moving From Caution to Curiosity There are three practical drivers behind this shift. 1. Portfolio diversification and upside exposure With low rates and stretched asset prices, some public funds are exploring small crypto allocations as a hedge or a source of asymmetric upside. Several sovereign or quasi-sovereign funds have publicly acknowledged indirect or limited crypto exposure, often via ETFs, corporate proxies, or seeding positions through state-controlled entities. This approach limits direct custody and compliance complexity while capturing some market upside. 2. Seized-asset pragmatism Governments that already control meaningful crypto balances via forfeiture face choices: sell immediately (which can be politically fraught and market-moving), hold and manage the assets, or convert proceeds into specialized funds, for example, to fund public services or strategic programs. A handful of U.S. states and other jurisdictions have created specific “digital asset strategic reserves” to house seized coins and non-tax revenues. 3. Regulatory and industrial strategy For some nations, adopting permissive legal frameworks for digital assets is a competitive economic policy aimed at attracting exchanges, crypto businesses, and talent. Passing enabling laws and sometimes allowing state funds to invest signals a business-friendly stance that can catalyze fintech growth. Kenya’s recent Virtual Asset Service Providers law and similar moves across Africa and smaller European states illustrate how regulation and investment policy can work together.  Strategic Government Crypto Holdings What governments buy and hold can reveal the broader economic strategy behind their digital asset engagement. The United States government recently made headlines by transferring 668 Bitcoin to a new digital wallet, reflecting a strategy to actively manage and integrate Bitcoin into its national economic framework.  This move is part of a broader vision under the current presidential administration that views Bitcoin as a strategic asset capable of contributing to national economic resilience and inflation hedging. Proposals by lawmakers, like the BITCOIN Act introduced in Wyoming and supported by crypto advocates, call for the U.S. government to purchase and hold Bitcoin as a reserve asset, akin to gold or oil reserves.  This suggests that cryptocurrencies are being considered assets for long-term economic planning rather than speculative tools. The aim is to establish national Bitcoin reserves that could potentially reduce national debt and provide financial stability over decades. Regulatory Frameworks and Government Oversight Behind every government investment narrative is an equally critical regulatory story. Governments are building frameworks to regulate, oversee, and integrate digital assets into the broader financial system.  The U.S., for instance, has delineated roles for various federal agencies such as the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and the Internal Revenue Service (IRS) to oversee crypto assets with greater clarity. Laws such as the GENIUS Act establish firm rules on stablecoin issuance and reserve backing, as well as compliance measures for fraud prevention and consumer protection.​ In Nigeria and across several African countries, regulatory reforms explicitly address crypto assets within capital market laws, emphasizing investor protections, the prevention of illicit schemes, and enabling innovation. The Nigerian ISA 2025, credited with fostering fintech growth, is vital proof of how regulatory clarity can unlock substantial government and private investment opportunities in crypto. Motivations for Government Crypto Investments Government investments in cryptocurrencies are driven by multifaceted motivations: Economic Diversification: Cryptocurrencies represent a new frontier asset class with high growth potential. Governments seeking to diversify their national reserves or investment portfolios see crypto as an alternative that could yield high returns. Financial Innovation Leadership: By investing in and regulating crypto actively, governments can position their economies as leaders in fintech innovation and blockchain adoption. Inflation Hedge and Monetary Strategy: Digital assets like Bitcoin offer properties similar to gold as a hedge against inflation or currency devaluation, appealing to governments aiming to safeguard their monetary systems. National Security and Regulatory Control: Active government participation signals an intent to control and monitor digital asset flows, thereby mitigating risks of money laundering, tax evasion, and illicit finance associated with unregulated markets. Political Signaling and Geopolitics: Crypto as Strategic Posture Beyond returns, holding crypto can be a geopolitical signal in a multipolar environment where payment-rail diversification matters. Some governments view crypto as an instrument of strategic autonomy, a way to reduce reliance on a single currency-dominated system or to experiment with alternative cross-border settlement mechanisms.  Conversely, transparent government holdings can also attract scrutiny from international partners worried about market manipulation, illicit finance, or national-security risks. Thus, for many nations, the calculus is both financial and diplomatic. The Bank for International Settlements and other policy bodies are watching closely as tokenisation and digital assets reshape financial plumbing. Challenges and Risks Behind the Scenes Despite these efforts, government crypto investments are not without challenges. Cryptocurrencies remain highly volatile, and regulatory landscapes are complex and evolving. Balancing innovation with financial stability requires governments to develop sophisticated strategies and infrastructure. Further, governments must navigate geopolitical risks, as cryptocurrencies operate globally and cross traditional borders. Ensuring compliance with international sanctions, as managed by agencies like the U.S. Office of Foreign Assets Control (OFAC), adds a layer of complexity to government asset management in this space. Governments as Crypto Market Shapers The reality behind government crypto investments is that they are becoming sophisticated market actors who combine strategic holdings with evolving regulatory frameworks to integrate digital assets into national economies.  Countries like the United States, Nigeria, and Kenya illustrate how this shift unfolds from legal reforms that legitimize crypto to tangible asset acquisitions that reflect long-term economic planning. While still a relatively nascent area, government crypto investments are integral to the future trajectory of the crypto market, influencing everything from price stability and adoption rates to global financial innovation and security. Understanding these behind-the-scenes dynamics helps demystify how states are positioning themselves in the rapidly changing digital asset ecosystem. FAQ Why are governments investing in cryptocurrencies? Governments are investing to diversify reserves, hedge against inflation, and support innovation in the digital economy. Some also view crypto as a tool for geopolitical strategy and economic modernization. Which countries are leading government crypto adoption? The United States, Nigeria, and Kenya are notable examples. The U.S. manages seized Bitcoin holdings, Nigeria legally classifies crypto as securities, and Kenya’s new crypto asset law promotes fintech investment. How do governments use seized cryptocurrencies? Governments often convert seized crypto into national reserves, sell them for public revenue, or reinvest proceeds into digital infrastructure and innovation funds. What regulations guide government crypto investments? Frameworks such as Nigeria’s Investments and Securities Act (ISA) 2025 and the U.S. GENIUS Act define compliance, investor protection, and stablecoin management, ensuring legitimacy and oversight. Do these investments make cryptocurrencies safer for private investors? Yes, to an extent. When governments regulate and invest in crypto, they provide market legitimacy, encourage institutional participation, and improve consumer protections. What are the main risks of government crypto investments? Key risks include market volatility, cyber threats, regulatory uncertainty, and geopolitical complexities such as sanctions compliance and global financial monitoring.

Oct 16 (Reuters) — Interactive Brokers Group reported a rise in third-quarter profit as higher customer trading activity and growing margin loans lifted revenue, even as looming rate cuts threaten to squeeze future interest income. The Greenwich, Connecticut-based brokerage posted net income of $1.31 billion, or 59 cents per share, up from $909 million, or 42 cents, a year earlier. Adjusted earnings were 57 cents per share. Net revenues climbed to $1.66 billion, up from $1.37 billion a year ago, driven by stronger lending income and higher client activity across asset classes. Pretax profit margin stood at 79%, compared with 67% in the same quarter of 2024. The company’s net interest income — the difference between what it earns on assets and pays on liabilities — rose 21% to $967 million, bolstered by higher average margin loans and customer cash balances. Brokerages such as Interactive Brokers have benefited from the elevated interest-rate environment by investing idle client funds in short-term instruments. However, the Federal Reserve’s September rate cut could begin to compress margins starting in the fourth quarter. Further rate reductions, while weighing on interest income, may boost margin trading and lift commission revenue, the company noted. Trading activity remained robust. Commission revenue jumped 23% to $537 million, reflecting a 67% surge in customer stock trading volumes and a 27% increase in options trading. Daily average revenue trades (DARTs) rose 34% year-on-year to 3.62 million. Interactive Brokers’ customer accounts grew 32% to 4.13 million, while customer equity rose 40% to $757.5 billion. The company’s margin loans increased 39% to $77.3 billion, and customer credits climbed 33% to $154.8 billion. Operating expenses declined sharply, with general and administrative costs falling 59% to $62 million, helped by the non-recurrence of $88 million in prior legal and regulatory expenses and $12 million related to European subsidiary consolidation. Those savings were partly offset by $10 million in higher advertising spend. The firm’s execution, clearing, and distribution fees fell 21% to $92 million, helped by the SEC’s elimination of the Section 31 transaction fee earlier in the year and higher liquidity rebates from exchanges. Interactive Brokers’ total equity reached $19.5 billion at quarter end. The board declared a quarterly dividend of $0.08 per share, payable on Dec. 12 to shareholders of record on Dec. 1. The company, which joined the S&P 500 in August after replacing Walgreens Boots Alliance, continues to diversify its offerings. Its platform lets clients trade stocks, options, futures, bonds, ETFs, mutual funds, precious metals, and cryptocurrencies, the latter through third-party custodians handling execution and safekeeping. Other income rose 52% to $85 million, largely from investment gains, though partly offset by smaller foreign exchange benefits. The firm’s currency diversification strategy trimmed comprehensive earnings by $33 million, reflecting a 0.25% decline in the value of its proprietary basket of global currencies.

KEY TAKEAWAYS The United States is not planning a crypto ban but is developing structured regulations for investor protection and market stability. Regulatory agencies like the SEC and CFTC are focusing on defining digital asset categories and clarifying oversight responsibilities. The GENIUS Act and ETF approvals for Bitcoin and Ethereum highlight a constructive, pro-innovation approach from lawmakers. Regulation targets fraud prevention, anti–money laundering compliance, and clearer market rules, not prohibition. Investors should expect tighter compliance and oversight, but also safer and more transparent trading environments. Even with stricter rules, crypto access and innovation will continue under regulated, institution-friendly frameworks.   US crypto ban fears stem from ongoing debates and rumors around regulation, but current realities and legislative trends suggest a far more nuanced picture. The United States is NOT moving toward an outright crypto ban; rather, regulators are actively working to create clearer, structured frameworks to integrate cryptocurrencies into the financial system while protecting investors and deterring illicit activities. For investors, understanding this regulatory landscape is critical for navigating risks and opportunities effectively. Origins of US Crypto Ban Fears Crypto ban fears in the US currently arise from the distrust and misinformation that often surround government regulation efforts. Some investors worry that harsh regulatory crackdowns might prohibit crypto ownership or trading entirely, recalling past actions in countries like China. However, the latest regulatory agenda from agencies like the US Securities and Exchange Commission (SEC) signals regulatory clarity and support rather than prohibition. For instance, recent SEC proposals include easing compliance rules, defining clear exemptions, and enabling cryptocurrency trading on national exchanges, reflecting a pro-innovation stance. Current US Regulatory Landscape and Developments 2025 has seen significant advances in crypto legislation in the United States, underscoring a constructive approach rather than a ban: The GENIUS Act, signed into law, establishes federal oversight for stablecoins, requiring full reserve backing and AML compliance, promoting investor confidence without banning digital assets. The SEC has approved Bitcoin and Ethereum ETFs, bringing cryptocurrencies closer to mainstream financial markets and enabling safer access for retail and institutional investors. Executive orders from President Trump emphasize regulatory certainty and a strategic Bitcoin reserve, indicating federal government support for digital asset integration. Despite some conservative bills concerning decentralized finance (DeFi), the regulatory bodies appear focused on clarifying accountability, not banning crypto activity outright. What’s Really Happening Behind the Legislative Scenes? The US Congress and federal regulators are navigating a complex balance between encouraging innovation and preventing abuses. Draft bills and proposals often generate headlines about possible restrictions or bans, which fuels fear. However, compromises are being sought to: Protect investors from scams and fraud. Prevent illicit use, such as money laundering and terrorist financing Define clear categories for digital assets to reduce regulatory overlap between the SEC, CFTC, and Treasury. Enable legal clarity for stablecoin issuance and use.   Talks to pass landmark crypto bills have encountered delays and disagreements, notably on DeFi rules, but these pauses reflect the complexities of policymaking rather than imminent prohibitions. Is a Full Ban Realistic in The US? A true, blanket ban faces immediate obstacles: constitutional challenges (free-speech and property arguments), enforcement complexity (self-custody and peer-to-peer transfers are hard to police), and international spillovers (capital flight and business migration). The US tends to prefer regulatory control over outright prohibition. Recent legislative energy has actually moved toward clearer frameworks and even government participation in crypto policy (for example, proposals to form a Strategic Bitcoin Reserve), not blanket prohibition.  That said, tough restrictions that effectively make access difficult, for example, shutting down major on-ramps, cracking down on unhosted wallets, or banning certain token classes as securities,   are both feasible and powerful. Regulators and lawmakers can cause the market to reprice risk rapidly without ever criminalizing individual wallets outright. Market and Investor Impacts under Different Ban Scenarios Regulatory decisions can shape the entire crypto landscape. Here’s how different ban scenarios could affect markets and investors: Targeted Service Bans or Licensing Crackdowns: Expect exchange delistings, reduced liquidity, wider spreads, and a rush to regulated venues. Investors holding assets on centralized exchanges risk freezes or forced sell-offs if regulators compel exchanges to block certain tokens.  Banking and Institutional Restrictions: If banks and brokerages are barred from servicing crypto firms, retail access via fiat rails would shrink. This would push trading toward peer-to-peer markets and offshore venues, increasing friction and risk.  Full Ownership Ban (unlikely): Short-term prices would collapse as liquidity vanishes and enforcement sweeps begin. Long term, a bifurcated market would likely emerge: a regulated domestic layer and an offshore/underground ecosystem. Even with a ban, complete suppression is unlikely because of self-custody, offshore exchanges, and decentralized protocols.   Historical and global examples show that partial bans (e.g., China’s tight prohibitions on exchanges and mining) can dramatically lower local activity, but they do not eliminate global crypto markets. Prices are global; bans shift trading venues and liquidity rather than erase demand.  Recent Policy Signals to Watch US policymaking is moving fast. Lawmakers have floated bills that would formalize government stances on Bitcoin reserves, while agencies and the White House have issued proposals to tighten tax, custody, and market-structure rules for digital assets. These developments signal an intention to bring crypto into the regulated financial system, which generally reduces legal uncertainty but can also raise compliance costs for crypto firms and restrict easy retail access.  Meanwhile, international dynamics matter: the Financial Stability Board and other global bodies continue to urge consistent cross-border rules to avoid regulatory arbitrage, a reality that increases the likelihood of coordinated restrictions on problematic activities (e.g., stablecoin reserves, leverage in lending markets). Impact on Investors: Risks and Opportunities For investors, it is important to separate fear from fact: No Outright Ban: No legislation currently bans crypto investment or trading in the US. Instead, frameworks are emerging to regulate responsibly. Increased Compliance: Exchanges and services will face more rigorous compliance requirements, possibly leading to market consolidation. This will weed out bad actors but may increase access barriers for smaller players. Investor Protection: New rules will enhance transparency, reduce fraud risks, and improve custody safeguards, making crypto investing safer. Volatility and Uncertainty: Ongoing regulatory negotiations may cause short-term price volatility due to perceived risk, but also introduce long-term stability. Innovation Focus: Regulatory clarity encourages institutional investment and product development, likely leading to more blockchain-based financial products. Practical Guidance for Investors Here’s how investors can navigate the evolving crypto landscape safely: Stay informed about policy updates from the SEC, Congress, and key agencies. Use regulated exchanges and financial products with proper licenses. Diversify holdings, considering regulatory risks as part of portfolio strategy. Exercise caution with projects lacking transparency or regulatory compliance. Consider long-term trends towards integration rather than a ban. A Pro-Crypto Regulatory Shift, Not a Ban While headlines about US crypto bans provoke concern, the reality in 2025 is of a regulatory environment moving toward clearer rules, investor protection, and financial innovation integration. The US government and agencies are not banning cryptocurrencies but are setting frameworks to make them safer and more accessible. Investors should focus on compliance, transparency, and evolving policies rather than unfounded fear. Staying proactive and informed is key to thriving in this maturing crypto market ecosystem. FAQ Is the U.S. really planning to ban cryptocurrency? No. Despite recurring rumors, there is no legislation or executive action aimed at banning crypto. Instead, lawmakers are creating clearer rules to protect investors and support innovation. What triggered the recent fears of a U.S. crypto ban? Fears stem from misinterpretation of proposed regulations, sensational media headlines, and comparisons to China’s crypto crackdowns. In reality, U.S. regulators aim to structure, not outlaw the crypto market. What is the GENIUS Act, and why is it important? The GENIUS Act introduces federal oversight of stablecoins, requiring full reserve backing and compliance with AML laws. It enhances transparency and confidence without banning digital assets. How do ETF approvals affect crypto regulation? The SEC’s approval of Bitcoin and Ethereum ETFs signals mainstream financial acceptance, encouraging safer participation by retail and institutional investors under regulatory supervision. Could stricter regulations make crypto harder to access? Possibly in the short term, especially through tighter exchange licensing and AML rules, but long-term, they create trustworthy markets and reduce fraud and volatility. Why is a full crypto ban unlikely in the U.S.? A blanket ban would face constitutional, logistical, and economic challenges, including enforcement limits and potential capital flight. The U.S. favors control through regulation, not prohibition. How might regulations impact investors and traders? Expect more compliance and fewer unregulated exchanges. However, this brings better investor protection, transparency, and institutional-grade investment options.

KEY TAKEAWAYS Fibonacci retracement helps crypto traders identify potential support and resistance levels during market pullbacks. Derived from the Fibonacci sequence, key retracement ratios include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Traders use these levels to plan entry and exit points, improving timing and reducing risk. Charting platforms like TradingView and Binance provide built-in Fibonacci tools for easy setup. Combining Fibonacci with trendlines, moving averages, RSI, and candlestick patterns strengthens trade confirmation. Fibonacci levels are most effective in trending markets—less reliable in sideways or volatile conditions.   Trading cryptocurrencies can be highly volatile and unpredictable, but traders have several technical tools to improve their chances of success. One of the most popular and effective tools is the Fibonacci retracement.  Originally developed from a mathematical sequence, Fibonacci retracement levels help traders spot potential areas of support and resistance in price charts. These levels are crucial for deciding where to enter and exit trades during trending markets. Understanding The Fibonacci Sequence and Its Trading Application The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones, typically starting with 0 and 1. From this mathematical pattern, ratios were derived that have relevance in nature, art, and financial markets. The primary Fibonacci retracement levels used in trading are 23.6%, 38.2%, 50%, 61.8%, and 78.6%.  These percentages indicate the potential retracement of the prior move price before continuing in the original direction. In trading, these levels are drawn on a price chart by identifying the swing high and swing low points of a price move. The retracement lines then form horizontal levels that indicate where price pullbacks may find support or resistance.  For example, if Bitcoin rises from $10,000 to $12,000, a pullback to the 38.2% Fibonacci level would mean a retracement down to about $11,236. Traders watch such levels for possible price reactions that help predict trend continuation or reversal. Setting Up Fibonacci Retracement on Crypto Charts To use Fibonacci retracement effectively in crypto trading, follow these steps: Identify the Trend: Determine whether the market is in an uptrend or a downtrend by analyzing price action, particularly higher highs and lows for an uptrend, or lower highs and lows for a downtrend. Select Swing Points: For an uptrend, mark the most recent low (swing low) and high (swing high). For a downtrend, mark the high first (swing high) and then the low (swing low). Draw the Fibonacci Levels: Using your charting software, apply the Fibonacci retracement tool by clicking from the swing low to swing high in an uptrend (or swing high to swing low in a downtrend). This will plot the key Fibonacci levels on the price chart. Observe Price Behavior: Watch how the price interacts with each Fibonacci level—these are potential zones of support (in an uptrend) or resistance (in a downtrend). Many trading platforms, such as TradingView, Binance, or GoodCrypto, have built-in Fibonacci retracement tools to simplify this process. Finding Entry Points with Fibonacci Levels Entry points are critical for achieving favorable risk-reward ratios. Fibonacci levels help traders identify low-risk entry positions when prices pull back during a trend. In an uptrend, traders often wait for a price retracement to a Fibonacci support level such as 38.2%, 50%, or 61.8%. These levels are considered natural pullback zones where buyers might re-enter the market. Confirmation is key. Traders look for additional signals before entering, such as bullish candlestick patterns (hammer, engulfing), an RSI bounce from oversold conditions, or volume spikes indicating buying interest near the Fibonacci level. Stops are typically placed just below the next Fibonacci retracement level to limit downside risk if the support does not hold.   Example: If Ethereum rallies from $2,000 to $3,000, a retracement to the 38.2% level around $2,618 could serve as an entry point if price shows bullish reversal signals there. This approach favors entering trades when prices temporarily pull back from extended moves rather than chasing breakout highs, leading to better entry pricing and lower risk exposure. Using Fibonacci for Exit Points Fibonacci levels also guide profitable exit strategies: During trends, prices may encounter resistance at higher Fibonacci retracement levels, presenting opportunities to take profits gradually. Traders can use Fibonacci extensions (levels like 161.8%, 200%) to project potential price targets beyond the swing high or low. Setting take-profit orders near these levels helps lock gains before potential reversals. In a downtrend, Fibonacci retracement levels above the current price provide resistance zones where shorts can be trimmed or exited. Employing Fibonacci retracements for exits requires monitoring price reaction closely. Premature exit misses potential gains, while waiting too long exposes traders to reversals. Combining Fibonacci with Other Technical Tools Fibonacci retracement works best when combined with other indicators or charting techniques to confirm signals: Trendlines: Aligning Fibonacci levels with trendlines strengthens support or resistance areas. Moving Averages: Common averages like the 50-day or 200-day moving average may coincide with Fibonacci levels. Oscillators: RSI or MACD can confirm momentum shifts near Fibonacci zones. Candlestick Patterns: Reversals or continuation patterns near Fibonacci levels add confidence. This layered analysis approach reduces false signals and enhances trading decision quality. Practical Example of Fibonacci Trading in Crypto Consider a Bitcoin chart after a recent price surge from $30,000 to $40,000: Apply Fibonacci retracement from $30,000 (swing low) to $40,000 (swing high). The key retracement levels are approximately $37,620 (23.6%), $36,180 (38.2%), $35,000 (50%), and $33,820 (61.8%). If Bitcoin pulls back to the 38.2% level around $36,180 and forms a bullish reversal candle with rising RSI momentum, a buy entry can be placed there with a stop loss below the 50% level at $35,000. Target taking profits near the previous high or Fibonacci extensions beyond $40,000. Such structured use of Fibonacci retracement helps traders buy on dips, clear stops at logical levels, and plan exits systematically. Risks and Limitations While Fibonacci retracements provide valuable insights, they are not foolproof: False breakouts or breakdowns below/above Fibonacci levels can occur in highly volatile crypto markets. Over-reliance on a single indicator without confirmation from other indicators increases risks. Fibonacci levels are more effective in trending markets rather than in choppy, sideways environments. Hence, prudent risk management with stop loss orders and position sizing is essential when trading with Fibonacci tools. Mastering Market Pullbacks: How Fibonacci Retracements Sharpen Crypto Trading Strategies Fibonacci retracement is a versatile and widely used tool in crypto trading to find strategic entry and exit points. By marking retracement levels on price charts and coupling them with other technical signals, traders can identify high-probability zones to buy dips or take profits.  This method helps improve timing, manage risk, and increase the overall efficiency of crypto trades. With practice, traders can incorporate Fibonacci retracement as a core part of their technical analysis toolkit for better trading outcomes. FAQ What is a Fibonacci retracement in crypto trading? A Fibonacci retracement is a technical tool that identifies potential price pullback zones within a trend, helping traders spot where support or resistance may occur. How are Fibonacci levels calculated? They’re based on ratios derived from the Fibonacci sequence. Common retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6%, representing possible price reversal points. How do I draw Fibonacci retracements on crypto charts? Select the swing high and swing low of a price move, then apply the Fibonacci retracement tool on your charting platform (e.g., TradingView). It will automatically display the key levels. Which Fibonacci level is the most reliable? The 61.8% retracement level (the “golden ratio”) is often considered the most significant, but reliability increases when multiple indicators confirm a signal. Can Fibonacci retracements predict exact price reversals? No. They highlight probable zones, not guarantees. Price may react around these levels, but traders should confirm entries with indicators like RSI or candlestick patterns. Are Fibonacci retracements effective in all market conditions? They work best in clear uptrends or downtrends. In choppy or sideways markets, Fibonacci levels may produce false signals. How can I combine Fibonacci with other indicators? Use Fibonacci levels alongside trendlines, moving averages, RSI, MACD, or candlestick formations to confirm trade entries and exits.

In 2025, Gold’s market cap reached an all-time high of $30 trillion, while the price of Gold reached an all-time high of roughly $4,357 per ounce. This milestone demonstrates the enduring attractiveness of Gold.  It makes it the most valuable asset in the world, with a value that is more than the combined market caps of the world’s biggest tech companies and much higher than Bitcoin’s. Gold’s market cap is currently almost 14.5 times bigger than Bitcoin’s $2.1 trillion market cap and 1.5 times bigger than the combined market caps of the “Magnificent 7” IT heavyweights, which include Nvidia, Apple, and Microsoft. Why Is Gold Going Up?  Several economic and political issues are driving the rapid rise in Gold prices in 2025. Investors are turning to Gold as a haven and a stable store of wealth because of mounting U.S. debt, rising inflation, and conflicts throughout the world.  Gold is viewed as a “non-productive” asset that has remained steady over time, maintaining its value even in uncertain times, unlike technology stocks and cryptocurrencies. The growth includes a 64% increase in price since the beginning of the year and an astonishing 13% jump just in October. Bitcoin’s Place During the Rally Bitcoin is known as “digital Gold,” but its market performance this year has been less impressive. Since January, the price of Bitcoin has gone up by about 16%, which is less than the 45% growth in the cost of Gold.  Bitcoin has been a good store of value and hedge, but its behavior is more like that of a technology stock, which affects how investors perceive its volatility. Bitcoin’s relationship with U.S. stocks and geopolitical events has held it back a bit. Still, investors and analysts think that Bitcoin could benefit from a future capital rotation once Gold’s run settles down. Comparing Scarcity and Interest Gold and Bitcoin are both good choices for money since they share several key characteristics. They are naturally rare; there isn’t much Gold above ground, and Bitcoin’s maximum production is limited to 21 million coins, with over 19 million already produced by 2025.  This lack of availability lends them value, making them attractive to investors who distrust inflationary monetary regimes. People who were early supporters of Bitcoin came from the Gold community, seeing digital scarcity as a new frontier. But Bitcoin’s more recent growth patterns suggest that it may be seen more as a tech asset than just a place to store value. What will happen in the Future? Will Bitcoin Get Its Edge Back? Many experts believe that Gold’s recent surge is not a permanent shift away from Bitcoin, but rather part of a natural investment cycle. If Gold prices level off or drop, a significant amount of money could shift to Bitcoin, potentially causing a substantial rise in its value.  Bitcoin’s growth and acceptance as a financial asset continue, which may make it more appealing as a hedge against inflation and a weak dollar in the long run. Until then, Gold’s rise and domination show that people are worried about the economy and are turning to real assets in times of uncertainty.

Cyprus’s securities regulator has withdrawn the investment licence of BrightPool Ltd, closing the books on a six-year-old trading subsidiary once tied to London-listed IG Group. In a notice published Friday, the Cyprus Securities and Exchange Commission (CySEC) said its board voted on Oct. 13 to cancel BrightPool’s Cyprus Investment Firm authorisation (No. 378/19) after the company formally renounced it. The decision, issued under Cyprus’s Investment Services and Regulated Markets Law of 2017 and Directive DI87-05, carries no allegation of wrongdoing. “The authorisation was withdrawn due to the company’s decision to expressly renounce it,” CySEC wrote in its statement. BrightPool was set up in 2016 as IG Group’s Cyprus-based market-making and liquidity provider, operating under the domain brightpool-markets.com. Its purpose was largely to make markets for Spectrum Markets, IG’s Frankfurt-registered multilateral trading facility for listed derivatives. When Spectrum struggled to attract volume, BrightPool’s relevance waned. IG’s filings for FY 2024 and FY 2025 show impairments of £3.2 million related to Spectrum and £4.1 million tied to the Small Exchange in Chicago — both now shuttered. In August 2025, industry reports suggested that IG was handing back BrightPool’s licence as part of a wider exit from “legacy and sandbox” projects. A voluntary wind-down BrightPool itself told clients in May that it would wind down its operations and surrender its CySEC licence within six months. By June, the firm had stopped dealing in securities, according to trade-press accounts. Friday’s decision formalises that process. There is no evidence of unresolved client claims or enforcement proceedings. The move fits IG Group’s ongoing consolidation drive. The group has been slimming non-core units to focus on higher-margin derivatives and institutional prime services. FY 2025 results showed net trading revenue up 12 % to £942.8 million and net profit up 24 % to £380.4 million, buoyed by strong performance in its core CFD and options business. The BrightPool withdrawal also lands as CySEC intensifies scrutiny of the island’s investment-services sector. The regulator recently named 11 unlicensed brokers operating online without authorisation and, earlier this month, accepted a licence renunciation from VPR Safe Financial Group, operator of the Alvexo brand. CySEC’s firmer stance reflects pressure from European counterparts to keep Cyprus’s retail-FX hub clean after years of lax enforcement. Still, BrightPool’s case stands apart as a voluntary exit by an established player, not a disciplinary action. BrightPool Ltd remains registered in Cyprus under company number HE 364491 and retains a valid Legal Entity Identifier (2138007MC4C34J892J46), but without a CIF it can no longer offer investment services in the European Economic Area.

French regulators have launched an expanded crackdown on money laundering across the cryptocurrency sector, extending their oversight to major exchanges including Binance. The move marks a significant escalation in France’s efforts to align its financial system with upcoming European Union standards under the Markets in Crypto-Assets (MiCA) framework. The Prudential Supervision and Resolution Authority (ACPR), in coordination with the Financial Markets Authority (AMF), has initiated broader anti-money laundering (AML) and counter-terrorism financing (CFT) checks on crypto firms registered in France. The regulators’ findings revealed gaps in compliance across several digital asset platforms, prompting new directives for exchanges such as Binance to strengthen internal controls, improve IT infrastructure, and expand dedicated compliance teams. Firms that fail to meet these requirements within the given timeline risk facing enforcement actions or exclusion from future MiCA authorization. Binance under intensified scrutiny The move comes as French authorities continue an ongoing investigation into Binance over alleged money-laundering and tax offenses linked to its operations between 2019 and 2024. Despite being one of the first global exchanges to secure registration in France as a digital asset service provider (DASP) in 2022, Binance has faced repeated warnings to enhance transparency and improve its compliance architecture. Binance, which operates its European headquarters in Paris, has stated that it is fully cooperating with regulators and remains committed to maintaining compliance with evolving EU regulations. The company emphasized that France remains a key market in its European strategy and that it is actively upgrading its systems to meet MiCA’s stringent requirements. The latest round of inspections forms part of France’s broader effort to prepare for MiCA, the European Union’s comprehensive regulatory framework for digital assets set to take effect by late 2025. Under the updated AMF guidelines, all registered crypto asset service providers must comply with stricter operational, security, and reporting standards by December 30, 2025. Companies failing to obtain full MiCA authorization by July 1, 2026, risk losing their ability to operate legally within the EU. The AMF has positioned these reforms as essential to protecting investors, improving transparency, and ensuring that the French market upholds international AML standards. Regulators also aim to establish France as a leading jurisdiction for compliant crypto businesses by providing clear, enforceable pathways to authorization. Strengthening France’s position as a regulatory leader By expanding AML enforcement and aligning with EU rules, France is signaling its intent to become a central hub for regulated digital asset activity in Europe. The country’s proactive approach stands in contrast to jurisdictions that have taken a slower path to implementing MiCA requirements. Industry analysts suggest that this tightening of regulatory oversight may initially challenge smaller exchanges but will ultimately raise industry standards and improve investor confidence. As MiCA’s enforcement deadline approaches, the outcome of France’s AML inspections will likely serve as a model for other EU nations.  

Gold surged nearly 8% as investors sought safety amid USD weakness, Fed rate-cut expectations, geopolitical tensions, and global economic uncertainty. Gold as a Safe-Haven Asset The price of Gold (XAU/USD) experienced a nearly 8% rally this week, marking its best weekly performance in years. This significant ascent was primarily driven by a combination of risk aversion and US Dollar weakness. Gold has an established historical role as a store of value and is seen as a hedge against both inflation and currency depreciation because its value is independent of any specific government or issuer. Central banks are the largest holders of Gold, strategically using it to diversify their reserves and enhance the perceived strength and solvency of their economies. A factual record from the World Gold Council shows that central banks added a substantial 1,136 tonnes of Gold to their reserves in 2022, which is the highest yearly purchase since records began. Furthermore, Gold’s price tends to exhibit an inverse correlation with the US Dollar, US Treasuries, and risk assets like the stock market. Monetary Policy and the US Dollar’s Influence Monetary policy, particularly that set by the US Federal Reserve (Fed), and the resulting strength of the US Dollar (USD) are critical determinants of the price of Gold and other currency pairs. The US Dollar’s weakness is a key factor currently pushing Gold prices higher. The USD is being undermined by both the ongoing US government shutdown and growing market expectations for an accelerated easing cycle by the Fed. The price of Gold is largely dependent on the behavior of the US Dollar, as the asset is priced in USD (XAU/USD); thus, a stronger Dollar typically controls the Gold price, whereas a weaker one tends to push it up. Statements from Fed officials, including Chair Jerome Powell, have indicated an increased concern about labor market risks over above-target inflation. Consequently, the market is pricing in a strong expectation for the Fed to implement two more interest rate cuts of 25 basis points each this year, specifically in October and December, which continues to exert downward pressure on the US Dollar. Moreover, the fact that lower interest rates are generally beneficial for the non-yielding asset, Gold, further strengthens this theme. Geopolitical and Economic Instability Heightened geopolitical tensions and domestic economic conflicts are major catalysts for market volatility and significant shifts in asset prices. Escalating trade tensions between the US and China are a primary source of current risk aversion, which consequently supports the Gold price and weakens the USD. These tensions include the potential for the US to raise tariffs on Chinese goods and the implementation of tit-for-tat port fees on vessels. Domestically, a prolonged US government shutdown, resulting from a Congressional deadlock that saw the Senate reject a short-term funding bill, is a significant risk factor undermining confidence in the Greenback and, by extension, supporting Gold. Geopolitical risks also extend beyond trade, with events such as Russia’s attacks on gas facilities in Ukraine and a planned meeting between the US and Russian presidents contributing to overall market uncertainty. Furthermore, the text cites political turmoil in Germany and France, including the prospect of snap elections in Germany, as influential factors for the Euro (EUR) forecast. Lastly, growing concerns about the unhealthy lending practices of regional US banks have also been explicitly noted as a factor contributing to the ongoing US Dollar weakening trend.   Commodity Market Drivers: Gold and Oil The prices of both Gold and Oil are factually driven by a combination of global risks and central bank policy. Gold (XAU/USD): The precious metal is in a recent well-established uptrend driven by its status as a safe-haven asset. Specific tailwinds include renewed US-China trade tensions, broad geopolitical uncertainties, and the aforementioned US government shutdown Additionally, the anticipation of the Fed’s rate cuts—with markets fully pricing in cuts in October and December—supports non-yielding Gold while simultaneously contributing to a four-day decline in the US Dollar (USD). Technically, Gold is in an extremely overbought condition (RSI above 70), with key support near $4,200 and resistance towards the $4,400 figure. Oil: Oil prices are under distinct pressure, approaching a third consecutive weekly decline, with WTI hitting its lowest level since May. The primary factual driver for this decline is a bearish US Oil inventory report, signaling rising US inventories. Additional factors contributing to the price drop include the general sell-off in crude and market hopes for a de-escalation of geopolitical tensions, specifically a potential Ukraine truce stemming from an upcoming Trump-Putin meeting, which has contributed to oil prices being down nearly 7% over the past seven days. Top upcoming economic events: Consumer Price Index (YoY) (NZD) Date: 10/19/2025 21:45:00 Importance: HIGH. This is the primary measure of inflation in New Zealand. As the main mandate for the Reserve Bank of New Zealand (RBNZ) is price stability, this figure is critical for determining the path of interest rates and is a major driver of NZD volatility. PBoC Interest Rate Decision (CNY) Date: 10/20/2025 01:15:00 Importance: MEDIUM. The People’s Bank of China (PBoC) sets its benchmark rate here. A decision to cut or hike rates signals the central bank’s efforts to stimulate or cool the economy, impacting global financial sentiment and the Chinese Yuan (CNY). Gross Domestic Product (YoY) (CNY) Date: 10/20/2025 02:00:00 Importance: HIGH. As the broadest measure of the world’s second-largest economy, this report is essential for assessing global growth prospects. A surprise in the data can have far-reaching effects on commodity prices and risk-sensitive currencies. Consumer Price Index (YoY) (CAD) Date: 10/21/2025 12:30:00 Importance: HIGH. This is the headline figure for Canadian inflation. It heavily influences the Bank of Canada’s (BoC) outlook on monetary policy. Strong inflation keeps pressure on the BoC for rate hikes, directly impacting the CAD. Exports (YoY) (JPY) Date: 10/21/2025 23:50:00 Importance: MEDIUM. Japan’s economy is highly reliant on exports. A strong year-over-year increase signals robust global demand and a healthy external sector, which typically provides support for the Japanese Yen (JPY). Core Consumer Price Index (YoY) (GBP) Date: 10/22/2025 06:00:00 Importance: HIGH. The Bank of England (BoE) uses this measure—which strips out volatile food and energy costs—to gauge underlying UK inflation. It’s crucial for future BoE interest rate decisions and is a top market mover for the GBP. New Home Sales Change (MoM) (USD) Date: 10/23/2025 14:00:00 Importance: MEDIUM. Provides timely insight into the health of the US housing market and consumer sentiment. Higher sales indicate economic confidence and activity, which factors into the Federal Reserve’s (Fed) economic assessment of the USD. Retail Sales (MoM) (GBP) Date: 10/24/2025 06:00:00 Importance: HIGH. Consumer spending is a huge component of the UK’s GDP. This month-over-month report is a direct measure of that spending, giving a key indication of the UK economy’s growth momentum and volatility for the GBP. HCOB Composite PMI (EUR) Date: 10/24/2025 07:30:00 Importance: HIGH. This Purchasing Managers’ Index combines manufacturing and services activity across the Eurozone. It is a key leading indicator of overall Eurozone economic health and growth, often setting the market tone for the EUR. Consumer Price Index ex Food & Energy (YoY) (USD) Date: 10/24/2025 12:30:00 Importance: HIGH. The most critical data point of the week. This is the US Core Inflation rate, which is the Federal Reserve’s (Fed) primary focus for setting monetary policy. A surprise here guarantees major volatility for the USD and US Treasury yields.   The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Advanta Wealth has integrated Aveni Assist into its advisory operations, marking the company’s first use of AI-driven tools to enhance client service and reduce administrative burdens. The decision follows a wider technology strategy aimed at aligning internal operations with evolving client expectations in financial advice. The Aveni Assist solution enables Advanta advisers to automatically capture key information during in-person and virtual meetings, generate suitability reports, and automate note taking. This implementation allows staff to spend more time engaging with clients instead of managing routine documentation. “Letting the technology handle the administrative element” Mark Pearson, Managing Director at Advanta Wealth, said, “We are very focused on people — our teams and our clients — and we want to enhance their experiences overall. Technology transformation is central to this, bringing in the right tools to allow our advisers to really focus on the part of the job they are passionate about — talking to and helping their client — and letting the technology handle the administrative element.” Alongside external client support, the firm is also using Aveni Assist internally to capture and share meeting summaries, contributing to higher productivity across departments. The rollout was supported by a structured change management process to guide teams through the adoption phase. Kevin D’Arcy, Group Head of Operations at Advanta Wealth, said, “We did understand how important it was to get the implementation right and bring our team along on this journey so we invested in a tailored change management consultation to support this. We have seen really positive feedback from our team and the response to the tools has been excellent, and we are very pleased with the results and business impact so far. We’ve been really well supported by Aveni as we have gone through this process and we are considering other areas of our business where AI implementation can also bring benefits.” Robbie Homer-Plews, Chief Client Officer at Aveni, said, “Advanta Wealth has been an excellent example of how to drive positive technology transformation across its business. They considered the benefits of using AI tools to help maximise human interaction, but also acknowledged the potential adoption challenges with new technology and a shift in working practice. The investment made by Advanta Wealth to address this holistically is bringing benefits to staff and clients and already is driving some very positive time savings. We look forward to continuing to work together as this blend of human and AI approach expands across the business.” Advanta Wealth provides chartered financial advice services across the UK. Its collaboration with Aveni reflects a broader trend within wealth management to adopt technologies that streamline operations without compromising on client service.

WTI crude oil can be expected to fall further toward the next support level 55.20 (which reversed the price in April and May). Expect WTI crude oil to correct up once it reaches this support level.   WTI crude oil falling inside daily impulse wave C Likely to test support level 55.20 WTI crude oil continues to fall inside the daily impulse wave C which previously reversed down from the key resistance level 62.00 (former strong support which has been reversing the price from the start of August, acting as the resistance now after it was broken at the start of October, as can be seen from the daily WTI chart below). The price earlier broke the support trendline of the daily down channel from July, which accelerated the active impulse wave C. Given the strong multi-month downtrend, WTI crude oil can be expected to fall further toward the next support level 55.20 (which reversed the price in April and May). Expect WTI crude oil to correct up once it reaches this support level. WTI crude oil Technical Analysis The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.    

BCB Group, a leading provider of payment and trading infrastructure for the digital asset economy, has announced a strategic partnership with Copper, a specialist in institutional digital asset custody, prime services, and collateral management. The collaboration strengthens interoperability between fiat and crypto markets, addressing one of the biggest friction points in institutional digital finance — efficient, compliant settlement between traditional and digital assets. Seamless On- and Off-Ramping for Institutional Clients Under the agreement, BCB Group will enable on- and off-ramping for fiat and digital currency payments for Copper’s institutional clients, integrating its regulated payments network directly with Copper’s infrastructure. In turn, Copper will provide rapid settlement and custody services for BCB’s clients, improving liquidity flow, operational efficiency, and risk management across both ecosystems. By combining Copper’s expertise in secure, segregated digital asset custody and BCB’s established payment rails and FX capabilities, the two firms aim to provide a seamless, fully compliant pathway for institutions navigating between fiat and crypto liquidity pools. Strengthening Infrastructure for On-Chain Finance Ben Lorente, Strategic Alliances Director at Copper, said the collaboration reflects growing institutional demand for frictionless digital finance infrastructure: “We are proud to be able to deliver a robust service that smooths areas of friction across payment rails, collateral management and custody. Clients are seeking straightforward and secure solutions at a time when interest in stablecoins and on-chain finance is at an all-time high. This partnership with BCB Group illustrates the power of integrated systems and showcases the maturity of the market.” The partnership comes as the institutional landscape for digital assets continues to evolve rapidly in response to regulatory clarity, technological standardization, and the expanding use of tokenized collateral in capital markets. Institutional Confidence Through Compliance and Speed Oliver Tonkin, Chief Executive Officer at BCB Group, said the collaboration marks another step toward unifying the fiat and crypto ecosystems under trusted, regulated frameworks: “Together, BCB Group and Copper are making it easy, safe, and fast for institutions to move between fiat and crypto, in one smooth, secure service. This collaboration allows clients to transact with confidence and leave legacy platforms behind. I’m looking forward to seeing how this partnership enhances institutional operations for clients seeking swift execution, regulatory certainty and the highest standards of compliance across multiple jurisdictions.” BCB Group’s global client base includes exchanges, market-makers, and financial institutions, while Copper serves as a cornerstone provider of digital asset custody and prime infrastructure for banks, hedge funds, and asset managers. The partnership reinforces a shared mission to deliver operational resilience and compliance-driven innovation as institutional adoption of digital assets accelerates. Takeaway BCB Group and Copper’s partnership represents another key bridge between fiat and crypto infrastructure, combining regulated payments with institutional-grade custody and settlement. As the digital asset economy matures, such integrations are setting new standards for speed, security, and compliance in cross-asset institutional finance.

FV Bank has introduced a new Virtual Account feature designed to help business clients automate and scale the attribution of incoming international payments. The U.S.-licensed digital bank said this functionality allows customers to assign unique, dedicated account numbers to their clients or counterparties, enabling automatic reconciliation and reducing operational overhead. The bank said that with Virtual Accounts, each counterparty can receive a pre-generated account number tied to clear deposit instructions. When funds arrive via SWIFT, ACH, Domestic Wire, or USDC stablecoin, FV Bank automatically identifies and attributes the payment to the correct underlying party. “We are addressing a real pain point for our customers” Miles Paschini, CEO of FV Bank, commented, “Our mission at FV Bank is to bring integrated accessibility and efficiency to modern banking. With the launch of Virtual Accounts, we are addressing a real pain point for our customers—automating the attribution of incoming funds and eliminating manual reconciliation, while materially improving our compliance capabilities. This feature empowers our clients to scale their operations with confidence, while maintaining the transparency and control they need in today’s fast-moving global economy.” The bank said this structure improves its internal controls by enhancing Know Your Customer’s Customer (KYCC) visibility, supporting better compliance and transaction monitoring practices. Businesses using FV Bank’s Virtual Accounts will have access to: Unique virtual account numbers for each client or counterparty Support for major payment types including SWIFT, ACH, Domestic Wire, and USDC Full API access for platform integration Advanced reporting tools Strengthened compliance and KYCC mechanisms The feature targets industries that require precise fund attribution and high-volume payment reconciliation, such as regulated legal and financial service providers, marketplaces, crypto exchanges, and payment processors. FV Bank said this solution addresses the traditional challenge of manual reconciliation, which is often slow, prone to error, and resource-intensive. By automating this process, clients can achieve greater scale and operational efficiency without compromising on control or compliance. The launch follows FV Bank’s ongoing efforts to integrate digital assets and traditional banking services under a unified, regulated infrastructure tailored for institutional and fintech clients.

On Thursday, the euro surged against the Canadian dollar, pushing above 1.6460 for the first time since spring 2009, when markets were still grappling with the aftermath of the global financial crisis. Several factors are weighing on the Canadian dollar: → Trade dynamics with the US – media reports indicate that certain Canadian sectors, including steel and automotive, face disadvantages under current trade agreements. → Falling oil prices – crude has dropped to a five-month low amid expectations of a potential meeting between the US and Russian presidents. As noted on 13 October, XTI/USD could trend towards $55 per barrel. Conversely, the euro has been supported by the softening of the US dollar. The DXY index recently retreated from a key resistance level, corresponding to the upper boundary of the channel highlighted in our 9 October analysis. Nonetheless, a closer look at EUR/CAD suggests the bullish momentum may be starting to slow. Technical Analysis of EUR/CAD Price action, with major turning points highlighted, forms a rising channel that has held significance since August. Bearish signals include: → The pair is testing the channel’s upper boundary, historically a strong resistance zone. → The mid-October rally pushed the RSI into overbought territory, signalling potential caution. Meanwhile, bullish momentum remains evident: → The clean breakout above the previous peak near 1.6400 occurred on a wide bullish candle with minimal retracement, highlighting strong buying interest. Given the current setup: → Following a 1.6% rise over the past week, profit-taking by long holders could lead to short-term consolidation near the upper channel line. → If a pullback occurs from this level, it is likely to be shallow, as buying activity may resume near the channel’s median line, supported by the former resistance at 1.6400. FXOpen offers spreads from 0.0 pips and commissions from $1.50 per lot. Enjoy trading on MT4, MT5, TickTrader or TradingView trading platforms! The FXOpen App is a dedicated mobile application designed to give traders full control of their accounts anytime, anywhere. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. Disclaimer: This sponsored market analysis is provided for informational purposes only. We have not independently verified its content and do not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.

Bitcoin (BTC) slipped to around $105,000 on Thursday, extending a sharp intraday decline that saw prices fall more than 4% from recent highs near $112,000. The world’s largest cryptocurrency remains in a broadly bullish structure after breaking out of multi-month consolidation earlier this year, but recent failures to hold above critical resistance zones have raised short-term caution among traders. Analysts note that Bitcoin’s inability to sustain momentum above the $110,000–$112,000 band, which aligns with long-term trendline resistance from prior bull markets, could open the door to deeper retracements. If this zone continues to cap rallies, a slide toward $100,000 — considered both a psychological and structural support — remains possible. Technical indicators are sending mixed signals. Short-term moving averages have turned neutral or slightly bearish, while oscillators such as the Relative Strength Index (RSI) hover in mid-range territory, suggesting a lack of strong directional conviction. The MACD, however, continues to flash mild bullishness, reflecting that underlying momentum has not fully faded. Market strategists point to $110,000 as the immediate battleground. Holding above this level could restore confidence and prompt a retest of the $124,000–$126,000 range, where Bitcoin previously faced selling pressure. A clean break below $107,000, by contrast, would likely trigger a deeper correction as traders unwind leveraged long positions. Despite the volatility, many investors view current levels as a healthy reset within a longer-term uptrend, supported by institutional flows and steady on-chain accumulation. Still, with macroeconomic uncertainty and profit-taking after record highs, Bitcoin’s short-term direction may hinge on whether buyers can defend key support in the days ahead. Ethereum (ETH) slipped to around $3,750 on Thursday, mirroring Bitcoin’s weakness as the broader crypto market faced renewed selling pressure. The second-largest cryptocurrency by market capitalization has declined nearly 7% over the past 24 hours, trading in a volatile range that has kept traders on edge. From a technical standpoint, Ethereum’s structure remains mixed. The asset has maintained its broader uptrend from earlier this year, but short-term momentum has clearly softened. Technical readings show diverging signals across timeframes. However, intraday oscillators and MACD readings have turned neutral to bearish, suggesting waning buying pressure and possible further consolidation. Analysts are closely watching two major zones. The first is resistance near $4,500–$4,600, a range Ethereum failed to reclaim during its last rally attempt. Clearing this region could reestablish bullish momentum and potentially open the door toward $5,000, a key psychological and structural level. The second is the $3,500–$3,900 support area. A decisive break below this range could expose ETH to deeper retracements, particularly if Bitcoin continues to weaken. Despite near-term volatility, Ethereum’s long-term fundamentals remain supportive. Institutional inflows through exchange-traded products, increased staking participation, and the rapid expansion of Layer-2 scaling networks continue to underpin medium-term demand. Some analysts argue that as long as ETH holds above its $3,500 base, the broader uptrend targeting $5,000 remains intact. For now, traders are positioning cautiously, balancing optimism about Ethereum’s ecosystem growth with short-term technical fragility. Whether ETH can stabilize above $3,700 in the coming sessions may determine if the current pullback is a pause — or the start of a deeper market correction.

Tenora Financial Group Ltd, a UK-based fintech startup focused on empowering businesses to manage and mitigate foreign exchange (FX) risk, has completed its initial funding round led by Macquarie Group. The investment, raised through Macquarie’s Commodities and Global Markets division, provides institutional-scale backing to accelerate Tenora’s platform development ahead of its full launch in Q1 2026. Bringing Transparency to a Legacy-Dominated Market Founded in 2025, Tenora aims to overhaul the opaque, fragmented FX risk management landscape by combining intelligent technology with real-time visibility tools for corporates and institutions. The platform will allow businesses to model, monitor, and manage their FX exposures within a unified, automated framework — a major leap forward from the manual workflows and legacy systems that continue to dominate the sector. “To attract the backing of a major financial institution at this early stage is a strong endorsement of both the market need for our differentiated solution, and our compelling long-term strategy,” said Harry Adams, Co-Founder and Chief Executive Officer of Tenora. “Our two businesses believe that change is needed in the non-bank FX and payments industry to put the power back in the hands of finance teams. We look forward to launching our product and working together to reimagine the future of FX risk management.” Strategic Partnership with Macquarie Group As part of the investment, Macquarie Group has taken a strategic stake in Tenora and will collaborate closely on product and market development. Two senior Macquarie executives — Daniel McMahon, Associate Director, and Lachlan Green, Division Director — have joined the Tenora Board with immediate effect, reinforcing the institutional partnership between the two firms. Arturo Alonso, Senior Managing Director at Macquarie Group EMEA, said the partnership reflects Macquarie’s belief in Tenora’s vision to modernize the FX and payments space. “We are delighted to be partnering with Tenora, providing the financial and strategic backing required to develop a disruptive solution for the FX and payments industry. We have followed Harry’s journey for many years. The credibility of the team he has built around him and the significant market need for Tenora’s solution made this a highly attractive, long-term partnership for Macquarie.” Modern FX Risk Management for the Digital Age Tenora’s platform is designed for corporate treasury and finance teams seeking more control over their currency exposure. By delivering data transparency, automation, and analytics-driven decision support, Tenora aims to eliminate inefficiencies that have long hampered FX operations. The firm’s early tools, including its free Hedge Analyser, allow potential clients to evaluate exposure scenarios and receive product updates ahead of the 2026 launch. The funding round also included participation from Tenora employees and private investors, underscoring internal confidence and alignment in the firm’s growth trajectory. With the capital secured, Tenora plans to accelerate product rollout, enhance liquidity and data infrastructure, and expand partnerships across banking and non-bank financial institutions. Takeaway Tenora’s early-stage backing from Macquarie signals rising institutional appetite for fintechs tackling FX risk management. By combining regulatory credibility with technological transparency, Tenora aims to redefine how corporates understand, hedge, and control their currency exposure in a post-legacy FX ecosystem.

Ripple Labs is reportedly preparing to establish a new digital-asset treasury designed to accumulate XRP, marking a significant expansion of its blockchain ecosystem. According to Bloomberg, the San Francisco-based company is in discussions to raise at least $1 billion through a special-purpose acquisition company (SPAC) to fund the initiative. The proposed Digital Asset Treasury (DAT) would hold both newly purchased and existing XRP, strengthening Ripple’s long-term asset management and liquidity strategy. Sources close to the matter said Ripple would play a leading role in structuring and financing the treasury, though details remain under discussion. The size of the raise underscores Ripple’s ambition to reinforce XRP’s market position and integrate it further into the company’s global payments and liquidity solutions. Strategic expansion follows GTreasury acquisition The timing of the reported treasury plan aligns closely with Ripple’s recent acquisition of GTreasury, a major corporate treasury management software provider, for $1 billion. The move signals Ripple’s intention to bridge traditional finance with blockchain-based infrastructure, enabling companies to manage fiat and digital assets seamlessly. By combining GTreasury’s enterprise tools with Ripple’s blockchain technology and XRP-based payment rails, the company aims to become a cornerstone of corporate liquidity and real-time settlement systems. Industry analysts note that Ripple’s acquisition of GTreasury could significantly expand its reach into institutional finance. The integration would allow corporations to manage decentralized assets, automate cash management, and conduct on-chain settlements — an area where XRP could serve as a critical bridge asset for cross-border payments. Market speculation and Ripple’s strategic silence Despite widespread coverage by multiple outlets, Ripple has not publicly confirmed the Digital Asset Treasury initiative. Official communications from the company have so far focused solely on the GTreasury acquisition. However, the timing of both developments has fueled speculation that Ripple’s broader goal is to build a self-sustaining liquidity framework anchored by XRP. The establishment of a $1 billion XRP treasury could have far-reaching implications for the cryptocurrency market. By accumulating and managing XRP strategically, Ripple could help reduce volatility and ensure consistent liquidity for enterprise clients using the token for on-chain transactions. This initiative would also align with Ripple’s ongoing efforts to expand global adoption, particularly among financial institutions in Asia, the Middle East, and Latin America. The Digital Asset Treasury could represent one of the largest single-token reserves in the crypto industry, focusing exclusively on XRP accumulation and management. Industry observers view the move as a sign that Ripple is doubling down on its long-term vision of positioning XRP as a global liquidity asset for real-time value transfer. If finalized, the $1 billion XRP treasury would mark a pivotal moment in Ripple’s evolution — transitioning from a cross-border payments company to a comprehensive blockchain-based financial infrastructure provider. As Ripple continues to expand its product suite and global partnerships, its influence over institutional blockchain adoption appears set to grow in parallel.

Spot Bitcoin ETFs recorded a dramatic reversal on Thursday, October 16, with approximately $536 million in net outflows — marking their largest single-day decline since August 1. The move comes after several days of steady inflows earlier in the week, as digital asset markets faced heightened volatility and investors reassessed risk exposure. Leading the exodus was the ARK 21Shares Bitcoin ETF (ARKB), which saw about $275 million in outflows. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with roughly $132 million withdrawn, while BlackRock’s iShares Bitcoin Trust (IBIT) reported $29.5 million in net redemptions. Even the most dominant funds, which had consistently attracted institutional flows since their inception, were not immune to Thursday’s selloff. Ethereum ETFs mirror Bitcoin’s downturn Ethereum-based ETFs also suffered losses, registering an estimated $57 million in combined outflows across U.S.-listed products. The Grayscale Ethereum Trust (ETHE) recorded approximately $69 million in redemptions, partially offset by $46.9 million in inflows into Bitwise’s Ethereum ETF (ETHA). The contrasting movements indicate mixed investor sentiment, reflecting both continued confidence in Ethereum’s long-term prospects and short-term caution driven by macroeconomic uncertainty. Thursday’s data underscores a broader cooling in crypto ETF enthusiasm after months of strong inflows. Institutional and retail investors alike appear to be reacting to recent weakness in spot prices for both Bitcoin and Ethereum. The digital assets declined mid-week amid renewed concerns over inflation expectations, potential rate adjustments, and a stronger U.S. dollar. Analysts see short-term volatility, long-term confidence Market analysts suggest the sudden outflows may represent short-term profit-taking rather than a long-term shift in sentiment. Despite the day’s downturn, total assets under management (AUM) in U.S. Bitcoin ETFs remain robust, holding above $45 billion across major issuers. The recent approval of spot Ethereum ETFs earlier this year also continues to attract new entrants to the market, with several asset managers preparing derivative products and options-based strategies linked to crypto ETFs. The pullback comes at a pivotal time for the digital asset industry, as institutional adoption expands and regulators around the world clarify frameworks for spot and futures-based crypto investment products. Many analysts argue that ETF volatility is a natural part of price discovery in a still-developing asset class. Looking ahead, the coming week will test whether Thursday’s $593 million combined outflow marks a temporary correction or the beginning of a deeper retracement. With Bitcoin hovering around key support levels and Ethereum’s ecosystem seeing rising staking activity, investors remain divided on the short-term trajectory. Nonetheless, ETF inflows and outflows are expected to remain a reliable gauge of institutional sentiment as crypto markets mature and mainstream adoption accelerates.

Uniswap Labs has officially announced the integration of Solana into its decentralized exchange (DEX) platform, significantly broadening its cross-chain capabilities. The move, revealed on October 16, 2025, allows users to connect Solana wallets and trade Solana-based tokens directly within the Uniswap Web App. This marks a milestone in Uniswap’s mission to unify decentralized finance (DeFi) liquidity across multiple blockchains. Strengthening multi-chain interoperability The addition of Solana expands Uniswap’s supported networks to over a dozen, including Ethereum, Polygon, Optimism, Arbitrum, Base, and now Solana. This development provides traders with seamless access to liquidity pools across multiple ecosystems, all from one interface. Uniswap Labs emphasized that this integration is part of its broader goal to build a universal liquidity layer where users can trade without friction, regardless of the blockchain they’re using. Solana’s high-speed and low-cost architecture makes it an ideal addition to Uniswap’s network. The blockchain’s ability to process thousands of transactions per second with minimal fees has drawn significant attention from developers, retail traders, and institutions. By bringing Solana into its ecosystem, Uniswap positions itself to capture a growing share of Solana’s rapidly expanding DeFi market, where platforms like Jupiter and Raydium have seen record trading volumes. This move also underscores Uniswap’s push toward decentralized accessibility, offering users a familiar interface while expanding their options for token swaps and liquidity management. Traders can now connect Solana-native wallets such as Phantom and Solflare, bridging the gap between Ethereum-based assets and Solana’s fast-evolving ecosystem. Roadmap for cross-chain expansion According to Uniswap Labs, this integration represents only the beginning of its Solana strategy. Future updates will include support for bridging, cross-chain swaps, and full Uniswap Wallet compatibility with Solana. These upgrades will allow users to move assets seamlessly between chains and execute complex swaps without leaving the Uniswap platform. This cross-chain functionality aims to reduce liquidity fragmentation, one of DeFi’s most persistent challenges. Uniswap’s latest update reflects a broader industry trend toward multi-chain DeFi, where decentralized exchanges and aggregators strive to connect liquidity across ecosystems. As Solana continues to attract projects and capital, the inclusion of Solana on Uniswap will likely boost user adoption and drive trading volume through improved access and interoperability. Industry analysts view this integration as a strategic play for Uniswap to maintain dominance amid increasing competition from other multi-chain DEXs and aggregators expanding into Solana’s market. For DeFi traders, the addition of Solana offers faster execution, lower costs, and greater flexibility—all key ingredients for a more unified trading experience. With Solana now live on the Uniswap Web App, the exchange continues to redefine decentralized trading by delivering a truly cross-chain ecosystem. The integration underscores Uniswap’s commitment to innovation, user accessibility, and a multi-chain future that brings the best of every blockchain into one seamless platform.

Visa has taken another major step into blockchain technology, unveiling a detailed report that signals its intention to enter decentralized finance (DeFi) through the development of on-chain lending infrastructure. The payments giant is focusing on stablecoin-based lending and programmable credit markets, aiming to bridge the gap between traditional banking and DeFi protocols. The move aligns with Visa’s broader strategy to power the next generation of digital finance by enabling regulated institutions to safely participate in blockchain ecosystems. The company’s latest report outlines how it plans to build the technological and regulatory foundation for institutional on-chain lending. Rather than issuing tokens or taking direct lending risk, Visa intends to create the APIs, compliance systems, and data tools necessary for banks, fintechs, and asset managers to connect to decentralized protocols securely. According to Visa, smart contracts and blockchain-based collateralization could provide new efficiencies for global liquidity and credit markets. Visa reframes DeFi as “on-chain finance” A key theme in Visa’s messaging is its deliberate shift from the term “DeFi” to “on-chain finance.” The language reflects the company’s effort to present decentralized technology in a framework that appeals to regulators and institutional partners. Visa describes on-chain finance as a regulated, transparent, and programmable version of DeFi, powered by stablecoins and public blockchain networks. In its report, Visa highlights the potential of programmable money and smart contracts to automate credit flows, manage risk, and support transparent lending operations. It also details risk management models such as programmatic liquidations and overcollateralization, which are standard features of decentralized lending protocols like Aave and Compound. These models, Visa suggests, could be adapted for use in regulated financial environments. Building on previous blockchain pilots This announcement follows Visa’s earlier experiments with blockchain-based payment solutions. In 2024, the company ran a pilot program using stablecoins to pre-fund cross-border settlement accounts, demonstrating how programmable assets could simplify treasury operations. The success of that initiative appears to have paved the way for Visa’s current focus on on-chain credit infrastructure. Visa’s ongoing exploration into DeFi also reflects a broader industry shift toward institutional-grade blockchain adoption. With stablecoin market capitalization surpassing $300 billion and lending protocols managing billions in on-chain assets, traditional finance players are increasingly viewing decentralized systems as viable liquidity sources. Visa’s entry could accelerate institutional participation by lowering technical and compliance barriers. By positioning itself as the infrastructure provider rather than a market participant, Visa aims to serve as the bridge between traditional finance (TradFi) and decentralized finance (DeFi). The company envisions a financial ecosystem where banks and asset managers can access blockchain liquidity through compliant and secure interfaces. This hybrid model could redefine how capital markets access credit, collateral, and yield opportunities. Although Visa’s report does not announce a specific launch date, it confirms that the company is actively engaging with regulated partners to explore pilot programs. If successful, Visa’s on-chain lending framework could mark a pivotal moment for the integration of blockchain into mainstream financial infrastructure—solidifying its role as a leader in the future of digital finance.

The U.S. Securities and Exchange Commission (SEC) has officially declared tokenization a top regulatory priority, signaling a landmark shift in how the agency approaches blockchain innovation and digital asset markets. Speaking at DC Fintech Week, SEC Chair Paul Atkins emphasized the need to close a decade-long regulatory gap and integrate blockchain technology into the structure of U.S. financial markets. A new era of financial modernization Atkins outlined that tokenization—the process of representing traditional financial assets such as stocks, bonds, or real estate on blockchain networks—will form the cornerstone of the SEC’s modernization agenda. He noted that the Commission aims to balance innovation with investor protection and market stability, ensuring that U.S. markets remain globally competitive. “Tokenization isn’t theoretical anymore. It’s already redefining how assets are issued, traded, and settled,” Atkins said. “Our responsibility is to ensure that U.S. markets can compete globally while maintaining trust and transparency.” His remarks come as global financial institutions, including major asset managers and banks, explore blockchain solutions to improve settlement speed, reduce operational costs, and enhance transparency. Industry analysts estimate that tokenization could unlock trillions of dollars in previously illiquid assets, driving efficiency across both public and private markets. Clearer rules for digital assets The SEC’s renewed focus on tokenization follows recent comments from Commissioner Hester Peirce, head of the agency’s Crypto Task Force, who stated earlier this year that “tokenized securities are still securities.” Peirce reaffirmed that blockchain-based assets remain subject to existing securities laws, highlighting the Commission’s intent to provide clarity without overhauling the legal foundation. This dual approach—encouraging innovation while upholding investor protections—marks a strategic shift from the SEC’s historically cautious tone toward digital assets. Market participants have long criticized the agency’s fragmented enforcement-driven approach. By prioritizing tokenization in its rulemaking, the SEC appears ready to offer more transparent and consistent regulatory pathways for compliant tokenized offerings. Following Atkins’ announcement, shares of blockchain-exposed companies such as Robinhood and Coinbase experienced modest gains, reflecting renewed optimism in the potential for regulated tokenized markets. Analysts say the SEC’s new position could catalyze institutional adoption and legitimize blockchain’s role in mainstream finance. According to Atkins, the SEC plans to release draft proposals addressing tokenized markets and digital asset disclosure standards before the end of the fiscal year. These initiatives are expected to outline how tokenized instruments can comply with reporting, custody, and settlement requirements under federal securities law. The move places the United States among a growing number of jurisdictions—including the European Union, Singapore, and the United Arab Emirates—actively developing frameworks for tokenized finance. If successfully implemented, the SEC’s agenda could pave the way for a more efficient, transparent, and globally competitive financial system driven by blockchain technology. Atkins concluded his remarks by reinforcing the agency’s commitment to modernization: “This is about building the next-generation market infrastructure. Tokenization is not the future—it’s the present, and the SEC must lead from the front.”