Latest Crypto News and Market Updates – October 9

1. BTC and ETH remain flat as BSC ecosystem overtakes Solana

BTC, ETH, and SOL traded sideways over the past 24 hours, but the BSC ecosystem appears to be outperforming Solana. In the previous cycle, CZ defeated FTX — and the battle between ecosystems seems far from over.

2. Leading meme tokens on Binance hold steady

Top meme tokens on Binance, including Binance Life (market cap $370M) and “$4” ($230M), dipped slightly but maintained strong momentum. Notably, both tokens have yet to be listed on Binance’s spot market, fueling speculation about potential future listings.

3. $ASTER continues to decline despite positive developments

$ASTER has dropped to around $1.87 despite launching new meme tokens on BSC. Dubbed the “Binance Launchpad for Memes” by the community, ASTER is viewed as one of the most promising meme infrastructure projects currently in the spotlight.

4. Meme liquidity on Binance rotates rapidly

Meme liquidity is shifting among major tokens: $LISTA, $CAKE, and $FORM have surged, while veteran meme coin $CHEEMS spiked over 40%. Analysts expect the rally to soon spread to other meme coins on Binance, signaling an active rotation phase.

5. OKX’s X Layer sees meme activity surge

On OKX’s X Layer, memes like “OKX Life” and “Celebrity Life” are gaining traction. OKX CEO Star stated, “We never have and never will pump coins,” though Crypto Twitter remains skeptical, responding with humorous disbelief.

6. ETH staking boom led by Grayscale and Coinbase

Grayscale announced plans to stake 857,600 ETH for its ETF, while Coinbase has expanded staking services for ETH, SOL, and other tokens in New York. The move signals a new wave of growth in Ethereum’s staking ecosystem.

7. TRUMP token remains stagnant despite DTCC listing

The $TRUMP token showed little movement even as the Canary TRUMP ETF appeared on DTCC’s list. However, the listing is purely procedural and does not indicate official approval, tempering market expectations.

8. MetaMask confirms token launch and rewards program

MetaMask has confirmed plans to launch its native token and a rewards program by the end of October. Users can earn points through mobile perpetual trading and other features — making the airdrop opportunity more appealing while it remains under the radar.

9. Coinbase integrates direct DEX trading into its app

Coinbase has introduced direct token swaps on its app through the Base network. Surprisingly, $AERO — a leading DEX token — has yet to react, suggesting a delayed market response to this new integration.

10. Binance October reserves report shows ETH holdings near zero

Binance’s latest reserves report revealed sales of about 570 BTC and a sharp drop in ETH holdings to just 3 ETH, while adding $1.1 billion in USDT. The move suggests Binance may be offloading ETH to rebalance its reserves.

11. Gold hits record high as BTC stays quiet

Spot gold prices reached an all-time high of $4,050 per ounce. Investors are now questioning where the so-called “digital gold” (BTC) stands amid the historic rally in traditional gold.

12. Fed minutes indicate likely rate cut in October

The latest Federal Reserve meeting minutes show a 94.1% probability of a 0.25% rate cut in October. Such a move could provide a positive macro boost for the crypto market in the coming weeks.

Overview

On October 9, 2025, the crypto market remained relatively stable as major coins traded sideways, while capital rotated into meme coins and staking plays. MetaMask confirmed its token launch, Coinbase expanded DEX features, and Binance restructured reserves. With the Fed expected to cut rates, optimism for a market rebound is building.

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.