Bitcoin’s price is dancing with the devil rn after getting rejected at 85k on Wednesday 😈🖤 It slid all the way down to 80.4k earlier this morning maybe thanks to Trump stirring up drama about wars.
Most altcoins are bleeding out right behind it. ETH plunged even lower below 2.4k while XRP just lost that key 1.3 support 💀 NEAR BTW PUMP WLD and DOT got hit way harder tho.

Can 80k Actually Survive This? 🌙

After all that crazy volatility last week from the CPI and PPI numbers BTC tried to claw back above 82k over the weekend. Then a sudden flash crash knocked it down another grand on Saturday night before the bulls attempted to smash through 83k on Monday.
They got denied at first and BTC slipped back to 81k. A quick pump on Tuesday pushed it just over the line but the bulls pushed even higher on Wednesday hitting a two week peak near 85k.
That rally died fast tho and the rejection hurt bad. BTC first crashed under 83k but the bears took full control on Friday and Saturday morning driving it to 80.4k for the first time in ten days 🕸️ Even now BTC sits above 80k but it’s still down 1% today. Its market cap pulled back to 1.62 trillion while dominance holds strong at 60% on CMC.

Altcoins Keep Bleeding Red 🦇

ETH dropped by about the same percent as BTC and now chills well under 2.4k. Ripple’s token dove over 2% and sits below 1.3. It was pushing close to 1.4 on Wednesday before everything tanked. SOL looks ready to break under 100 while ZEC crashed below 1.2k.
More pain shows up in XMR XLM LINK RAIN LTC and NEAR. WLD took the biggest double digit hit but M actually fought the market with a 10% pump 🔪💉 The total crypto market cap fell over 1% in a day down to 2.7 trillion on CMC.

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Just another echo from the void by iconofsin.eth 💖

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Bank Negara Malaysia and the Bank of Thailand just jumped into BLOOM, Singapore’s cross-border settlement crew for stablecoins and tokenized deposits, this Friday. 🌸 The Monetary Authority of Singapore spilled the tea on it rn. They kicked off BLOOM back in October 2025 as this public-private squad of banks, payment networks and tech firms. Now these two central banks are chilling next to MAS as the policymaker crew. Together they’re gonna vibe with industry on how different digital money types get accepted, swapped and settled across borders. 🖤

Local Banks Already in the Game 💼

MAS also added nine fresh participants, including Mastercard, Visa and Ripple. Each new central bank brought their home lender to the party. For Malaysia it’s Maybank, which joined Friday. Maybank’s already leading one of three ringgit pilots BNM started in February. Those pilots test ringgit stablecoins and tokenized deposits for wholesale payments, both domestic and cross-border. BNM plans to drop clearer guidance on both by end of 2026. Thailand’s Kasikornbank was already a BLOOM member before its central bank signed on. The roster’s now at 24 industry members, from Circle and Coinbase to DBS, J.P. Morgan and Standard Chartered. 💀

Sorting Settlement Vibes Before Going Big 🔒

Participants will tackle three key areas. First up is how institutions accept and settle digital money across jurisdictions. Next comes interoperability between networks and systems. Then it’s all about programmable controls like identity checks, sanctions screening and transaction limits. ✨ MAS says shared frameworks will save banks from building separate deals with every counterparty or market. That should cut costs and speed up launches for real. 🚀 BNM Deputy Governor Aznan bin Abdul Aziz sounded hype about it. “A future where frictionless cross-border payments can be made using multiple digital monies is now closer to a tangible reality than a far-fetched fantasy.” BOT Deputy Governor Dr Daranee Saeju stayed more cautious tho. “The initiative also allows us to carefully explore emerging innovations, while ensuring our oversight remains prudent, proportionate, and responsive to evolving risks.” She said they’ll use BLOOM to shape regulatory approaches for tokenized money, especially in wholesale settlement. 💸 The whole thing’s giving major cross-border DeFi glow up energy fr. 🔗

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Just another echo from the void by iconofsin.eth 💖

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J. Benjamin Greenberg, a shareholder in Circle Internet Group, filed a federal lawsuit on Thursday against US President Donald Trump and World Liberty Financial, alleging that two transactions linked to the United Arab Emirates violated the Constitution’s Foreign Emoluments Clause. 😈

Lawsuit Hits World Liberty Over UAE Money Moves 💀

The case raises questions about whether Trump’s crypto business interests created an unfair advantage over competitors, including Circle, whose USDC stablecoin competes with World Liberty’s USD1. Greenberg’s complaint concerns the $500 million sale of a 49% stake in World Liberty to an investment vehicle backed by a member of the ruling family of the UAE. It also centers on the use of USD1 by Abu Dhabi-based MGX to fund a $2 billion investment in Binance. The Foreign Emoluments Clause restricts presidents from accepting payments from foreign governments without congressional approval. Greenberg alleges the transactions breached that provision and financially harmed Circle shareholders through unfair competition. “This action is about the President of the United States corruptly profiting from more than $2 billion in payments from a foreign government in direct violation of the constitution,” Greenberg wrote in the complaint. The filing also claims that “no president in American history has profited from his office so brazenly.” The lawsuit seeks an order preventing Trump from violating the clause, the return of allegedly illegal profits and unspecified damages. 🖤
Greenberg brought the case as an individual shareholder seeking recovery on Circle’s behalf, rather than as a lawsuit initiated by the company itself. According to a report by Bloomberg, World Liberty rejected the allegations. Its spokesperson, David Wachsman, described the claims as “without merit” and stated that the company complies with US laws and regulations. A White House spokesperson likewise denied that Trump had conflicts of interest, calling the lawsuit frivolous. Meanwhile, Circle confirmed it did not initiate, direct, authorize, or participate in the filing. 👀

Trump’s Crypto Plays Already Getting Heat 🔥

Last year, the president disclosed more than $1 billion in earnings tied to his crypto ventures, including World Liberty. Democrats in Congress pushed back, and the backlash has been blamed in part for the failure of the CLARITY Act, which was meant to set market-structure rules for the industry. Consumer advocacy group Public Citizen estimated in August that ventures tied to the president and his family have left investors at least $4.7 billion underwater since 2022, most of it unrealized. The TRUMP meme coin accounts for $3.2 billion of that and WLFI for $1 billion, while the group estimated no loss for USD1. 💸 The new case, Greenberg v. Trump, was filed in the US District Court for the District of Columbia, and the allegations have yet to be adjudicated. 😱🕸️

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Just another echo from the void by iconofsin.eth 💖

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Monero’s privacy vibes got everyone buzzing rn after its price blasted to an eight-month peak 🖤.

XMR Just Pumped Hard 💎

The token jumped with double digit gains yesterday on October 22 and crossed 650 dollars for the first time since January. A possible spark came from the GUI v0.18.5.4 Fluorine Fermi upgrade that reopened testnet and stagenet wallets plus fixed some bugs. Some analysts figured XMR would keep climbing with users like Sweep and Alaoui Capital calling for a new all time high at 1000 dollars. Yet it dipped south instead and sits at 605 dollars per CoinGecko right now. Dr Profit warned that open interest hit a historic high and recalled the last time it spiked like this the price crashed 66 percent in 20 days 😈.

ZEC Hit Some Rough Swings 🕷️

Zcash climbed nicely earlier this week and hit a nine day peak above 1360 dollars on October 21. Its rise likely came after news that the team wants to triple block production speed with the NU7 upgrade aimed for November 5. Two big investors also opened around 37 million dollars in long positions on ZEC using 10x leverage. The surge did not last though and the token now trades near 1200 dollars down about 2 percent weekly. Crypto With Gopal pointed out bearish pressure building and expects more downside soon while bears push the 1050 dollar neckline on a head and shoulders pattern. Bulls need to hold support and reclaim above 1300 dollars to break that setup.

BTC Whales Stay Greedy 🐋

Bitcoin looked set to touch 85000 dollars on October 22 but got rejected and now lingers near 81500 dollars amid rising geopolitical tensions and shaky markets overall 🌑. Still whales refuse to fold and actually loaded up more. Forty new wallets pulled over 770 million dollars worth of BTC since October 1. Earlier holders between 10 and 10000 BTC scooped almost 90000 units in one month. That kind of buying spree shrinks supply on the market and could push prices higher if demand holds steady. It might even pull in smaller buyers with fresh capital 💀.

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Just another echo from the void by iconofsin.eth 💖

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