Latest Crypto News and Market Updates – October 23

1. Bitcoin, Ethereum, and Solana Continue to Drop — Market Still Weak

It’s still the “swing season” as prices show no clear trend.
Stocks of crypto-related companies in the U.S. also plunged overnight, showing growing risk aversion.

2. Global Macro Uncertainty Persists

The U.S. government remains in a prolonged shutdown.
Secretary of State Antony Blinken said Washington will announce a “major new sanctions package” against Russia within 24 hours.

3. Prediction Markets Heat Up

Limitless ($LMTS) completed its TGE with an FDV of $340M.
Polymarket is valued around $12–15B, while Kalshi is negotiating at about $10B.

4. Whale “1011 Insider” Holds $140M Bitcoin Short

Using 10x leverage, the trader partially closed the position last night, causing a small BTC rebound.
Total profit now stands near $70M.

5. Fear & Greed Index Drops to 28

Down from 31 on October 11 — the market remains dominated by fear and pessimism.

6. $MET Token Falls 10% Before Listing

Spot trading officially begins today.
Founder Chow faces a class-action lawsuit over alleged scams involving meme coins $MELANIA and $LIBRA.

7. Aptos (APT) Receives $500M Investment from BlackRock

The funding from BlackRock’s BUIDL fund ranks Aptos as the 3rd largest RWA project.
However, APT’s price remains stagnant, showing weak investor sentiment.

8. AI Trading Competition Heats Up

DeepSeek leads with +$300 in profit, while ChatGPT trails with –$7,000.
Meanwhile, meme token #SHARKS on BSC unexpectedly hits a $10M market cap.

9. Eric Trump Shares a Bitcoin Story

“Michael Saylor once told me to mortgage Mar-a-Lago to buy Bitcoin.
He’s the kind of guy who’d tell you to sell your kidney for BTC — and maybe he’s right.”

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.