KLEA Crypto Daily: Thursday, October 16, 2025

Published: October 17, 2025 – 00:03 UTC

Here’s a look back at the key stories from October 16, 2025.

Nasdaq-Listed Zeta Network Raises $231M via Bitcoin-Backed Private Placement

Zeta Network successfully raised $231 million through a private placement funded in Bitcoin or SolvBTC, aiming to strengthen its balance sheet. The move highlights a growing trend of utilizing Bitcoin for corporate financing.

Bank Of England Calms Crypto Market Fears, Says Stablecoin Limits Are “Temporary”

The Bank of England reassured the crypto market by stating that proposed limits on stablecoin holdings and transaction sizes are temporary measures. This announcement aims to provide stability while allowing stablecoins to play a role in the UK's payment system.

Ripple Spends $1bn to Bring Stablecoins to Corporate Treasuries

Ripple recently invested $1 billion to acquire GTreasury, a company specializing in treasury services for Fortune 500 firms. This move allows Ripple to tap into the corporate treasury market and integrate stablecoins alongside traditional financial assets, signaling a significant development in the industry.

Trump Family Reportedly $1 Billion in Profit from Crypto Ventures

U.S. President Donald Trump and his family have allegedly made over $1 billion in pre-tax profits through various crypto ventures, including memecoins, stablecoins, and decentralized finance projects. The family's digital-asset operations have rapidly expanded, with Trump's administration being notably industry-friendly.

‘This Bitcoin Bear Market Will Be Brutal’, Peter Schiff Claims as Gold Hits $4,290

Crypto critic Peter Schiff warns of an impending "brutal" bear market for Bitcoin, citing a 32% decline against gold since August. Schiff advises selling BTC for gold to avoid further losses, sparking debate in the crypto community.

Gold Hits $4,270, Bitcoin Plunges Below $110,000: What’s Moving Markets Thursday?

Gold reaches $4,270 per ounce, extending its year-to-date rally to 63%, positioning it for the best annual performance since 1979. The VanEck Gold Miners ETF rises 150% year-to-date, outperforming all other equity industries on Wall Street.

Coinbase Launches Stablecoin Payments Platform for Businesses

Coinbase introduces a business platform offering crypto payments, stablecoin yields, and accounting integrations for small and midsize firms, expanding its services in the crypto payment sector.

Kraken Acquires CFTC-Licensed Small Exchange for $100 Million

Kraken has acquired Small Exchange, a Commodity Futures Trading Commission (CFTC)-regulated Designated Contract Market, for $100 million, expanding its crypto derivatives offerings in the U.S.

IMF Warns Global Debt Nears 100% Of GDP: Could Bitcoin Be The World’s Safe Haven?

The International Monetary Fund (IMF) warns that global debt is nearing 100% of GDP, sparking debate on whether Bitcoin could serve as a safe haven in a fragile financial system amidst rising borrowing and economic challenges.

Donald Trump Said ‘They Call Me The Bitcoin President’ — Is Britain’s Nigel Farage About To Become A ‘Crypto Champion’?

The race for crypto dominance has entered politics, with U.S. president Donald Trump and Reform U.K.’s leader Nigel Farage both pitching bold visions to make their nations the global hub for digital assets. Farage pledges to make Britain a crypto powerhouse by creating a state-owned Bitcoin reserve and introducing a new crypto bill.

Public Companies Amass $100B+ in Bitcoin

The rise of institutions piling into Bitcoin has led to some surprising impacts on the market.

BlackRock Wants a Piece of Booming Stablecoin Market with Redesigned Fund

BlackRock is expanding into the stablecoin market with a redesigned money market fund, compliant with the new GENIUS Act, to provide a secure reserve vehicle for issuers.

C1 Fund Inc. Announces Equity Purchase in Ripple

C1 Fund Inc. has announced its equity purchase in Ripple, a leading enterprise blockchain solutions provider. This strategic investment aligns with C1 Fund's focus on late-stage digital assets and blockchain infrastructure, supporting Ripple's goal to revolutionize cross-border payments and financial infrastructure.

KuCoin Ranks No.1 on CER.live, Reinforcing Leadership in Crypto Security and Trust

KuCoin has maintained its top-tier ranking on CER.live, solidifying its position as a global leader in cybersecurity within the crypto industry. With a perfect cybersecurity score of 100/100, KuCoin's commitment to providing a secure trading environment for over 40 million users worldwide is reaffirmed.

The U.S. Government Seizes 127,195 BTC Linked to Chen Zhi's Scam, Bringing Total Holdings to $35.9B

The U.S. Government has seized 127,195 BTC linked to Chen Zhi's "pig butchering" scam, worth approximately $13.2 billion. This seizure increases the total U.S. Government Bitcoin holdings to 316,760 BTC, making it one of the largest known holders globally.

Source: KLEA News