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In brief Beyond Meat stock has dropped sharply from its Wednesday high, which came after it surged by 1,435% over six days. A prominent BYND trader believes this is just a healthy retrace after “mass hysteria” pumped the BYND stock. However, some analysts believe the hype will fade and the stock will return to its previous price. Emerging meme stock Beyond Meat has dropped from its Wednesday high in its first test after skyrocketing more than 1,000%. Investors are attempting to turn the stock into a buzzy trend akin to 2021’s GameStop mania, but for some, its daily decline has…

In brief Canada’s FINTRAC imposed a record C$176.9 million penalty on Cryptomus. Investigators found 2,593 AML breaches, including 7,557 unreported Iran-linked transfers. The firm operated without Canadian staff, with communications traced to Uzbekistan and Spain. Canada’s financial intelligence agency has imposed a record $126 million (Canadian $176.9 million) fine on cryptocurrency platform Cryptomus for several anti-money laundering breaches, citing failures to report thousands of suspicious transactions linked to child exploitation, ransomware, and sanctions evasion.The Vancouver-based firm, registered federally as Xeltox Enterprises Ltd. and operating as Cryptomus, failed to file more than a thousand suspicious transaction reports and over 1,500 large-value…

Dogecoin pushes through critical technical barriers in a 2.4% rally as institutional flows lift trading activity 68% above daily averages, signaling controlled accumulation within a broader Wyckoff phase.News BackgroundDOGE climbed 2.4% over the 24-hour session ending October 24 02:00, advancing from $0.1911 to $0.1957 and marking a clean breakout above the $0.1953 resistance zone. The move occurred on exceptional volume of 483 million—68% above the 24-hour average of 287 million—confirming strong institutional participation in the advance.The memecoin traded within a tight $0.0068 intraday range (3.5% volatility) while building higher lows at $0.1931, $0.1936, and $0.1949, indicating steady buying interest through…

In brief Investment bank Benchmark on Thursday raised the price target for Nasdaq-listed Bitcoin mining machine manufacturer Canaan. The company’s stock is up this week. Benchmark analyst Mark Palmer says the firm’s stock now is a good buy. Investment bank Benchmark raised Bitcoin mining hardware manufacturer Canaan’s price target to $4, citing the firm’s recent compliance notification from Nasdaq Stock Market and demand for the company’s rigs. The Nasdaq last week informed Canaan that it had reached the minimum bid price of $1 per share so would not be at risk of being delisted. Since October, the company’s stock has traded…

Bitcoin price is attempting to recover above $108,500 and $108,800. BTC could rise further if there is a clear move above the $111,200 resistance. Bitcoin started a fresh recovery wave above the $108,800 resistance level. The price is trading above $109,000 and the 100 hourly Simple moving average. There was a break above a short-term channel with resistance at $108,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it trades above the $111,200 zone. Bitcoin Price Starts Fresh Increase Bitcoin price declined again below the $109,000 level. BTC…

Global macro signals are flashing both warning and opportunity for Bitcoin (BTC). On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term. Related Reading On the other hand, significant growth in global M2 money supply strengthens the backdrop for a longer-term upside. Short-Term Correction Predicted as Trade & Liquidity Risks Mount According to head of digital asset research Geoff Kendrick at Standard Chartered, Bitcoin could briefly fall under the $100,000 mark amid intensifying global risks, particularly the escalating U.S.–China trade tensions. BTC’s price moving sideways on the daily chart. Source: BTCUSD…

Decentralized perpetual trading volume is set for a massive month in October, having just passed a record $1 trillion with a week still to spare as traders place big bets on the crypto markets.The $1 trillion milestone has already beaten August’s record of $762 billion by a considerable margin, according to data from DefiLlama.While Hyperliquid leads October with $317.6 billion in trading volume, Lighter, Aster, and edgeX have also fared well, seeing $255.4 billion, $177.6 billion and $134.7 billion, respectively, with the rest made up of smaller decentralized exchanges. Those platforms contributed to a record $78 billion in decentralized perps…

The crypto market, starved of fresh economic data due to the prolonged U.S. government shutdown, will finally get a key data point with the release of September’s Consumer Price Index (CPI) on Friday.The inflation figure could trigger larger price swings in ether ETH$3,971.71 than in bitcoin BTC$111,474.24, a store-of-value asset. Overall, however, the expected market volatility is nothing out of the ordinary.Inflation ticked higher in SeptemberThe consumer price index for September, due for release at 12:30 UTC, is expected to show the cost of living rose 3.1% from a year earlier, up from 2.9% in August and the highest in…

President Donald Trump has granted a full pardon to Changpeng Zhao, the convicted founder of crypto exchange Binance. The move follows months of lobbying by Zhao and allies who argued his prosecution was politically motivated. Sources said Zhao had also explored partnerships to bolster the Trump family’s own crypto ventures. Trump signed the pardon on Wednesday, according to the Wall Street Journal, marking one of his most controversial decisions since returning to the White House.  Advisers said he had recently expressed sympathy for Zhao, describing the Binance founder’s case as part of a broader “war on cryptocurrency” waged by the…

Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,900 and $3,955. Ethereum started a fresh recovery above $3,780 and $3,820. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $3,920. Ethereum Price Eyes Upside Break Ethereum price started a minor recovery wave from the $3,710 zone, like Bitcoin. ETH price surpassed the $3,800…