KLEA Crypto Daily: Friday, October 17, 2025

Here’s a look back at the key stories from October 17, 2025.

CMB International Tokenizes $3.8 Billion Fund on BNB Chain

CMB International partners with BNB Chain to bring its $3.8 billion Money Market Fund onchain, providing investors with blockchain-based access to a top-performing institutional fund in the Asia-Pacific region.

Huobi Founder Li Lin Launches $1B Ether Trust Backed by Asia’s Top Investors

Huobi founder Li Lin leads the creation of a $1 billion Ether trust with prominent early Ethereum investors, aiming to tap into institutional demand for the world's second-largest cryptocurrency.

Ton Tests Key Support at $2.14 as Inflation Fears Weigh on Risk Assets

Toncoin trades at $2.14 after declining 0.9% amid a broader crypto selloff triggered by higher-than-expected US inflation data, with technical indicators pointing to oversold conditions.

Solana Decentralized Exchange Aggregator Jupiter Unveils Ultra V3 Offering Improved Trade

Solana decentralized exchange aggregator Jupiter unveils Ultra v3 offering improved trade execution, MEV protections, and 'gasless support'.

Ether Bulls Unmoved by Surprise Sell-Off Below $3.7K

Ether's price rebound potential relies on improving US credit and labor data, with traders cautious after recent liquidations and volatility in derivatives markets.

Government Crypto Investments: What’s Really Happening Behind the Scenes

Governments globally are shifting from crypto skepticism to active participation and regulation, with countries like Kenya, Nigeria, and the US exploring digital assets for economic diversification, innovation, and geopolitical strategy.

Market Makers Pause Trading During Bitcoin Crash, $19B Liquidation

Market makers halted trading during a recent flash crash, potentially contributing to increased volatility in the market. The pause in trading occurred amid a $19 billion liquidation event, impacting the cryptocurrency market.

Stocks Rebound as Wall Street Shrugs Off Bank Fears, AMEX Jumps

Wall Street rebounded from credit concerns that affected bank stocks earlier in the week, with major indices showing slight gains by midday trading. The S&P 500, Nasdaq 100, and Dow Jones all edged higher, erasing some of the losses from the previous day, while financials and bank stocks saw a recovery.

Sol Tests Critical Support at $183 as SEC ETF Delay Triggers 2.3% Decline

Solana is trading at $183.07 after the SEC postpones an ETF decision, leading to conflicting signals as it tests key support levels near the 200-day moving average.

DOGE and SHIB Are Done — Another Meme Coin Could Soon See 300% Upside

A little-known meme coin called Ark of Panda (AOP) is gaining attention with a potential 300% surge, while Dogecoin and Shiba Inu are losing momentum in the market.

France Steps Up AML Checks on Binance, Other Crypto Exchanges

France's banking regulator is intensifying Anti-Money Laundering (AML) checks on Binance and other cryptocurrency exchanges as part of efforts to enhance Europe's crypto regulation under the Markets in Crypto-Assets Regulation (MiCA). The move aims to ensure compliance with AML and Counter-Terrorist Financing (CFT) rules.

Bitcoin Plunges To $105,000: Is This A Black Friday In the Making?

Bitcoin experiences a significant drop to $105,000, signaling a reset phase with the largest crypto liquidation event in years. This decline follows escalating U.S.–China tariff concerns and a historic $19 billion futures deleveraging, impacting investor sentiment in the crypto market.

Bitcoin Plummets 5%, Ethereum, XRP, Dogecoin Tumble Over 6% As Crypto Liquidations Top $1 Billion

Bitcoin experienced a 5% drop, reaching as low as $103,856, leading to over $1.19 billion in liquidations within 24 hours. This decline was accompanied by significant losses in Ethereum, XRP, Dogecoin, and other cryptocurrencies, reflecting a bearish trend in the crypto market.

Ripple’s $1 Billion Purchase Creates RLUSD Pathway Into Fortune 500 Treasuries

Ripple's acquisition of GTreasury for $1 billion opens up a direct pathway for its stablecoin, RLUSD, into the treasuries of Fortune 500 companies. This strategic move aims to address the stablecoin distribution challenge and potentially transform RLUSD into a key player in enterprise financial infrastructure.

Bitcoin Plunges Below $105K Amid US Bank Stress

Bitcoin dropped to $104,500 due to signs of credit strain in US regional banks, sparking fears of a broader market sell-off. This decline comes as the world's largest cryptocurrency faces pressure below $110,000 and struggles to sustain momentum above key resistance levels.

Ripple Labs Plans $1 Billion Treasury to Accumulate XRP

Ripple Labs is reportedly raising $1 billion to establish a digital-asset treasury focused on accumulating XRP. This move aims to strengthen Ripple's asset management and liquidity strategy, aligning with the company's goal to integrate XRP further into global payments and liquidity solutions.

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Source: KLEA News