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Walrus (WAL) Token Listed on Binance Spot and Alpha

By
Paul Ugbede Godwin
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0

Walrus (WAL) token—native to the decentralized data storage protocol built on the Sui blockchain—has officially been listed for trading on both Binance Spot and Binance Alpha as of October 10, 2025.

This marks a major milestone for the project, which raised $140 million in a private token sale earlier this year and launched its mainnet months ago. Walrus enables developers to store, manage, and monetize large files like videos, images, audio via Move-based smart contracts, with applications in AI, media, gaming, DeFi, and more.

WAL is now available for direct spot trading with pairs like WAL/USDT. This provides broader liquidity and accessibility for retail and institutional traders. As part of the launch, Binance Alpha Binance’s early token discovery platform features WAL with an exclusive two-phase airdrop campaign.

Eligible users can claim up to 150 WAL tokens: Phase 1 first 18 hours: Requires at least 210 Alpha Points first-come, first-served. Phase 2 (next 6 hours): Lowers the threshold to 195 Alpha Points. To claim: Log into Binance Wallet > Alpha > Airdrop section > Claim (deducts 15 Alpha Points per claim). Unclaimed tokens after 24 hours are forfeited.

Alpha went live on October 9, 2025, with spot trading following on October 10. This listing validates Walrus as a key player in decentralized storage, especially amid growing demand for programmable data solutions in the AI era.

Rebecca Simmonds, Managing Executive of the Walrus Foundation, noted: “Listing WAL on Binance marks another step in that growing momentum,” highlighting real-world app development and partnerships.

Post-listing, WAL experienced initial volatility: Current Price: ~$0.41 up 3% in the last 24 hours but down ~4-10% overall from pre-announcement levels due to airdrop sell-offs and broader altcoin sentiment. Market Cap: ~$613 million circulating supply: 1.48 billion WAL; total supply: 5 billion.

High at ~$535 million in the last 24 hours, signaling strong interest despite the dip. The price dip is largely attributed to immediate sells from airdrop recipients, but community sentiment remains bullish.

Walrus also recently announced deflationary mechanics: WAL burns on usage fees, paired with USD-pegged storage pricing for stability. Spot listing on the world’s largest exchange (Binance) opens WAL to millions, potentially driving staking, governance, and data payments.

As a Sui-native project, this amplifies Sui’s growth SUI market cap: ~$12.6B, spotlighting storage innovations. Short-term sell pressure from unlocks/airdrops could persist, but long-term utility (e.g., 0.02$/GB storage, 99.99% uptime) positions it well.

The Sui blockchain ecosystem is a rapidly growing Layer 1 blockchain designed for high scalability, low latency, and developer-friendly features, leveraging the Move programming language originally developed by Meta’s Diem project.

Built by Mysten Labs, Sui focuses on enabling decentralized applications (dApps) with high throughput, low-cost transactions, and composable smart contracts. Sui has solidified its position as a top-tier blockchain, particularly for DeFi, gaming, NFTs, and decentralized storage, with projects like Walrus gaining traction after recent Binance listings.

Sui uses an object-centric data model and Byzantine Consistent Broadcast, allowing independent transactions to process in parallel, achieving up to 297,000 TPS transactions per second in tests.

Move Language: Offers secure, flexible smart contracts with asset-oriented programming, reducing vulnerabilities like reentrancy attacks.

Adds validators to increase capacity without compromising performance. Gas fees are minimal often < $0.01, with predictable pricing via USD-pegged reference fees. Enables Web2 logins like Google, Apple for Web3 apps, improving user onboarding.

Sui’s ecosystem spans DeFi, gaming, NFTs, AI, and decentralized storage, with over 900 projects and a Total Value Locked of ~$1.2 billion up 180% YoY. DeFi TVL grew 50% in Q3 2025, driven by stablecoin integration (e.g., USDC) and liquid staking.

Sui’s “DeepBook” provides a central limit order book (CLOB) for on-chain trading, used by multiple DEXes. SuiPlay: A Web3 gaming handheld pre-orders live integrating Sui’s blockchain for in-game assets. Over 1M NFT mints in 2025, with gaming dApps driving 40% of network activity.

WAL token recently listed on Binance . It offers decentralized blob storage for large files videos, images, AI datasets with 99.99% uptime and $0.02/GB pricing. WAL’s $140M raise and Binance Alpha airdrop boosted visibility.

Use Cases: AI model hosting, media streaming, and archival storage, with integrations into DeFi and gaming dApps. Projects like SuiNet use Sui for decentralized AI model training, leveraging Walrus for data storage.

Platforms like SuiFrenz enable tokenized social networks. Tokenized bonds and real estate are emerging via partnerships. Walrus’s Binance listing and SuiPlay’s gaming push signal mainstream adoption.

High FDV ~$50B at full dilution, validator centralization concerns, and competition from Solana/Ethereum. Use Walrus for dApp integration or file hosting.

Monad Airdrop Claim Portal Launches on 14th October

By
Paul Ugbede Godwin
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0

Monad, the high-performance EVM-compatible Layer 1 blockchain, has officially announced that its airdrop claim portal for the $MON token will go live on Tuesday, October 14, 2025.

This marks a key milestone ahead of the project’s mainnet launch, though the team has emphasized that the portal opening is separate from the actual token distribution and mainnet rollout—those details, including exact eligibility criteria, allocation amounts, and vesting schedules, will be revealed later.

Based on community speculation and past testnet activities, potential qualifiers include users who interacted with the Monad testnet launched February 2025, such as claiming test $MON tokens, minting NFTs like Monadverse or Lil Chogstars using DeFi apps like PancakeSwap or Ambient Finance, or earning Discord roles like “Full Access” or “Monad Recognizer.”

No first-come-first-served (FCFS) claims— you’ll have weeks to claim. Ignore unofficial links; stick to @monad’s announcements. No eligibility checker exists yet. $MON-USD perpetuals on Hyperliquid are trading around $0.12, implying a fully diluted valuation (FDV) of ~$12B based on 100B tokens.

Trading volume has hit $28M+, signaling strong anticipation. On X, excitement is building with users prepping wallets and sharing guides. Recent posts highlight the portal as a “game-changer” for parallel execution on EVM, with over 1M daily active users already on testnet.

Polymarket odds currently sit at 33% for a full October airdrop, with November/December more favored, so temper expectations.

ZORA’s Robinhood Listing and Price Surge

Zora ($ZORA), the Ethereum-based protocol powering the creator economy built on its own OP Stack Layer 2 network, was surprise-listed on Robinhood on October 9, 2025, triggering a massive 80%+ surge in its token price within hours.

The token hit an intraday high of $0.092 before settling around $0.082, pushing its market cap to ~$374M and 24-hour trading volume to $419M up 369% day-over-day. As the smallest market cap token ~$150M pre-listing ever added to Robinhood, it opened doors to millions of retail traders, frontrunning inflows and boosting visibility.

This follows Zora’s July Binance Futures debut and recent integrations like Coinbase’s Base App for easy post-tokenization. Zora has minted 1.5M+ creator tokens, processed $420M+ in volume, and driven Base’s growth surpassing Solana in daily token launches in August.

It’s positioned as a Pump.fun rival with better institutional ties and creator incentives. The surge confirmed a falling wedge breakout, targeting a potential 39% upside from current levels to ~$0.113. However, volatility remains high—expect pullbacks as markets digest the news.

The project announced via X that the claim portal will go live on October 14, 2025, but details on who qualifies, allocation amounts per user, vesting schedules, or snapshot dates remain undisclosed.

A Monad representative confirmed to outlets like Decrypt that only the portal itself launches next week—not the full airdrop or mainnet—and further tokenomics and eligibility info will be shared “in the near future.”

This opacity has fueled community speculation and skepticism, with Polymarket odds at just 33% for a full October drop higher for November/December. While waiting for official word, early testnet activity launched February 2025 is widely expected to form the basis of rewards, following patterns from projects like zkSync and Blast.

Monad’s team has emphasized rewarding “active and diversified engagement” to build a genuine ecosystem, not just sybil-farmed volume. Eligibility is likely tied to a points-based or tiered system from testnet interactions, with multipliers for quality over quantity.

Execute on-chain actions: swaps, staking, lending, or bridging on Monad-compatible dApps. Aim for 50+ unique transactions across categories to signal “genuine user.” Wallets with 100+ TPS-equivalent activity leveraging Monad’s parallel execution may qualify for higher tiers.

Monad’s inaugural L3 campaign rewards testnet tasks like bridging or liquidity provision. Track progress for badges that could boost scores. Wave 1/2 of Monad Cards distributed to active X users and nominees may retroactively qualify holders, as they rewarded early Twitter supporters.

Monad uses advanced detection via testnet snapshots. Multi-wallet farming could disqualify you; one high-quality wallet is safer. Ignore unofficial checkers or links promising “eligibility scans.”

Stick to verified channels. With $MON perps at ~$0.12 (FDV ~$12B), rewards could be substantial for top users—but vesting is probable.

Bitcoin ETFs Holds Strong, Ethereum Pauses As BTC Whale Short ETH on Hyperliquid

By
Paul Ugbede Godwin
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0

U.S. spot Bitcoin ETFs continued their robust momentum on October 9, 2025, recording $197.8 million in net inflows and extending their positive streak to nine consecutive days. This surge was led by BlackRock’s iShares Bitcoin Trust (IBIT), which alone attracted $255.47 million, pushing its assets under management (AUM) to nearly $97 billion.

Other notable performers included Fidelity’s FBTC and ARK 21Shares’ ARKB, contributing to a total AUM across all Bitcoin ETFs of $62.77 billion. The inflows reflect sustained institutional demand amid Bitcoin’s price hovering around $121,000, bolstered by broader market optimism tied to regulatory tailwinds and corporate treasury adoption.

In contrast, spot Ethereum ETFs experienced a minor reversal, with $8.7 million in net outflows—primarily driven by withdrawals from Fidelity’s FETH $30.26 million out—ending their eight-day inflow streak.

Despite this, Ethereum ETFs maintain a solid $29.9 billion in AUM, and the outflow appears more like a brief pause than a trend shift, following $421 million in inflows just the prior day. Ethereum traded at $4,352 on October 9, down 2.3% daily but still up significantly year-to-date amid ETF-driven momentum.

This divergence underscores Bitcoin’s dominance in institutional flows, with analysts noting the “Uptober” effect amplifying BTC’s appeal as a hedge against fiat weakness. Ethereum’s brief dip may signal profit-taking after a strong run, but spot trading volumes rose 9% to $40.4 billion, hinting at underlying resilience.

Bitcoin Whale’s Bearish Ethereum Play on Hyperliquid

Adding a layer of intrigue, a prominent Bitcoin whale—previously linked to selling over $4 billion in BTC for ETH earlier this year—has pivoted to a contrarian bet against Ethereum. On October 9, 2025, the whale address cluster deposited approximately $30 million in USDC to Hyperliquid, a decentralized perpetuals exchange, to open a leveraged short position on ETH.

This move comes after the whale realized gains from prior BTC shorts and ETH rotations, but now targets ETH’s recent highs with up to 25x leverage, eyeing a liquidation threshold around $4,594. The whale’s history includes high-stakes trades: dumping 80,000+ BTC valued at $9+ billion at the time via Galaxy Digital in July for estate planning, followed by phased BTC-to-ETH swaps totaling $4 billion in August-September.

Recent activity on Hyperliquid shows this latest $30M deposit expanding shorts amid ETH’s rejection at $4,700, with the position currently facing mild unrealized losses as ETH stabilizes. Wallet balances sit under $1 million in margin, amplifying risk—liquidation could trigger if ETH surges past the threshold.

This short contrasts sharply with ETF inflows, potentially signaling whale caution on ETH’s overextension relative to BTC. Hyperliquid’s open interest has ballooned to records, with this trade spotlighting leveraged volatility. As one X observer noted, “Whales are flipping scripts—BTC inflows roar while ETH faces the heat.”

Bitcoin Performance is showing modest gains today, continuing the “Uptober” momentum from earlier in the month where it hit a record high above $125,000 on October 5. As of the latest data, BTC is trading at approximately $121,577, up 0.11% over the past 24 hours.

This slight uptick comes after a pullback on October 8 down ~1.8% to $121,788 and a minor recovery on October 9 up 0.41% to around $122,000. The market cap stands at $2.42 trillion, reflecting steady institutional interest amid broader economic stability.

U.S. spot Bitcoin ETFs saw positive activity earlier in the week, with analysts forecasting BTC could reach $148,500 by year-end, driven by ETF growth and a shift toward “maturity phase” investing.

Neutral to cautiously optimistic, with historical October averages showing 14.4% gains since 2013. Recent highs near $125,689 underscore resilience despite U.S. government shutdown concerns fueling a “debasement trade.”

The overall crypto market is up marginally, with a total market cap of $4.13 trillion up 0.15% in 24 hours and trading volume rising 8.23% to $203.74 billion. This follows mixed signals earlier in the week: a 2.2% dip on October 8 market cap briefly below $4T and a near-flat recovery on October 9.

Sentiment remains neutral, with 7 of the top 10 coins up in the last day, buoyed by regulatory tailwinds like high odds 90%+ for Solana ETF approvals due today.

Top gainers in the top 10: Dogecoin +2.32% leads, followed by Cardano +1.68% and BNB (+1.21%), reflecting meme coin hype and ecosystem upgrades. Stablecoins like USDT and USDC show minimal movement, providing liquidity anchors.

Capital is shifting toward high-cap alts like BNB and XRP, with forecasts for an “altcoin season” post-BTC surge. S&P Global’s new Digital Markets 50 Index tracking 15 cryptos and 35 related stocks and potential SOL ETF approvals are enhancing legitimacy.

Altcoin open interest remains elevated >1.4 ratio, signaling potential liquidations if volatility spikes. Overall, the market is stable with upside potential, aligning with October’s historical bullishness. Bitcoin’s institutional fortress strengthens, while Ethereum navigates whale skepticism.

UK Regulator Declares Google a Dominant Force in Search Market, Paving Way for Stricter Oversight

By
Samuel Nwite
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0

The United Kingdom’s Competition and Markets Authority (CMA) on Friday formally designated Google as having a “strategic market status” (SMS) in online search and search advertising — a powerful classification that could subject the tech giant to new, stricter regulations designed to promote fair competition.

The designation, the first of its kind under Britain’s new digital markets regime that came into force in January, gives the CMA enhanced powers to impose binding conduct requirements on companies deemed to have entrenched market dominance in strategically important digital sectors.

“Google has had an unparalleled position in this digital activity for an extended period,” the CMA wrote in its decision. “Other traditional general search providers are significantly smaller than Google and have been for many years. Bing is the largest of these providers, but its current shares of queries and search advertising are both less than 5%. No traditional general search providers have materially grown relative to Google for at least fifteen years.”

While the designation itself does not immediately impose obligations on Google or suggest wrongdoing, it lays the groundwork for future interventions that could reshape how the company operates its search and advertising services in the U.K.

What the CMA’s Designation Covers

The CMA’s ruling applies to Google’s core search services, its online search advertising, and AI-enabled features such as AI Overviews and AI Mode — newer tools that use artificial intelligence to generate search summaries and contextual answers. It also covers the Discover feed, “Top Stories,” and News tabs that appear within Google Search.

However, the CMA clarified that the Google News app and website, as well as search syndication services, remain outside the designation’s scope. The regulator also said it will continue monitoring developments around Google’s Gemini AI assistant, hinting that it could fall under future scrutiny as the AI search market evolves.

The CMA now plans to open consultations later this year to determine what specific rules or obligations to impose on Google. Potential measures could include:

  • Requiring users to easily choose and switch default search engines via “choice screens.”
  • Enforcing stronger data portability rules to prevent user lock-in.
  • Mandating fairer ranking and attribution practices to ensure third-party content and publishers are not disadvantaged.
  • Requiring explicit user consent for the use of data in AI-generated search results.

A Move Years in the Making

The decision follows a nine-month investigation launched in early 2025 after the new competition regime came into force. The probe examined whether Google’s dominance in online search was limiting innovation, creating barriers to entry for rivals, or giving the company undue leverage over the advertising ecosystem.

Google controls over 90% of the U.K. search market — a figure that has remained largely unchanged for more than a decade — giving it unmatched access to user data and advertising revenues. Regulators across Europe have long argued that this dominance allows Google to unfairly prioritize its own services in search results while making it difficult for competitors to gain traction.

Google Pushes Back

In a blog post responding to the CMA’s announcement, Google warned that excessive restrictions could harm innovation in the U.K.

“The UK enjoys access to the latest products and services before other countries because it has so far avoided costly restrictions on popular services such as Search,” the company wrote.

“Retaining this position means avoiding unduly onerous regulations and learning from the negative results seen in other jurisdictions, which have cost businesses an estimated €114 billion,” it added, referring to the economic cost of regulatory fragmentation across the European Union.

Google further argued that some proposed interventions could slow the rollout of new AI-driven features and raise costs for businesses that rely on its advertising platform.

“Many of the ideas for interventions would inhibit U.K. innovation and growth, potentially slowing product launches at a time of profound AI-based innovation. Others pose direct harm to businesses, with some warning they may be forced to raise prices for customers,” the company said.

The CMA’s action underscores the U.K.’s determination to take a more assertive role in policing the dominance of Big Tech platforms. Under the new regulatory framework, companies designated with “strategic market status” can face legally binding rules requiring them to operate in ways that promote competition and transparency — with fines of up to 10% of global turnover for violations.

Analysts say that while Google’s designation is expected to be the first of several, it also signals the growing tension between innovation and oversight in the digital economy. With AI now reshaping how users interact with search results, regulators are increasingly concerned that the same monopolistic forces that shaped the web era could dominate the AI era as well.

The CMA said it will continue to engage with Google and other stakeholders before introducing formal remedies. But for now, the move marks a historic moment — one that positions the U.K. at the forefront of global efforts to rein in the power of Silicon Valley’s biggest players without stifling technological advancement.

Deutsche Bank Predicts Central Bank Will Include Bitcoin and Gold As Reserve Portfolios By 2030

By
Paul Ugbede Godwin
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0

Deutsche Bank has forecasted that central banks are likely to include both Bitcoin and gold in their reserve portfolios by 2030, positioning them as complementary hedges against inflation, geopolitical risks, and the ongoing erosion of U.S. dollar dominance.

This outlook emerged in a series of research notes from the bank’s analysts, starting around September 2025, and gained traction in early October amid surging prices for both assets—Bitcoin surpassing $125,000 and gold nearing $4,000 per ounce.

Analysts Marion Laboure and Camilla Siazon argue that Bitcoin could evolve into a “modern cornerstone of financial security,” mirroring gold’s historical role in the 20th century. They emphasize that neither asset is expected to replace the dollar entirely, but both will likely “coexist on central bank balance sheets by 2030” due to their scarcity, low correlation with traditional assets, and strategic value.

The U.S. dollar’s portion of global reserves has fallen from 60% in 2000 to about 43% in 2025, prompting diversification. Central banks like those in China, Poland, and Turkey are already ramping up gold purchases, while Bitcoin’s institutional adoption signals growing legitimacy.

Despite being “backed by nothing,” Bitcoin’s volatility has hit historic lows even as prices rally, making it behave more like gold. Deutsche Bank highlights its potential as a store of value, especially for nations seeking to reduce U.S. financial exposure via decentralized networks.

Central banks currently hold about 35,200 tonnes of gold out of ~216,000 tonnes total supply. A 2025 World Gold Council survey shows 43% of central banks planning to increase holdings, with 95% expecting overall global reserves to rise.

This prediction aligns with broader trends: de-dollarization efforts, record ETF inflows hundreds of billions into Bitcoin ETFs since 2024, and recent U.S. policy moves like the strategic Bitcoin reserve under the Trump administration. The report, titled Gold’s Reign, Bitcoin’s Rise, has sparked widespread discussion.

scottmelker noted the weakening dollar as a key driver. Skeptics point to regulatory hurdles and Bitcoin’s past volatility, but the consensus is that this could accelerate sovereign adoption.

Deutsche Bank’s view isn’t about central banks “running to” these assets in panic but strategically allocating to them for resilience. If realized, it could solidify Bitcoin’s transition from speculative asset to global reserve contender alongside gold.

Implications of Central Banks Adopting Bitcoin and Gold by 2030

Central banks diversifying into Bitcoin and gold could accelerate the decline of the U.S. dollar’s dominance currently ~43% of global reserves, down from 60% in 2000. This shifts the global financial system toward a multipolar reserve structure, reducing reliance on fiat currencies like the dollar and euro.

Sovereign adoption would cement Bitcoin’s status as a legitimate asset class, likely boosting institutional and retail investment. This could drive Bitcoin prices higher, with some speculating $250,000+ by 2030, though volatility risks remain.

Increased central bank demand for gold already at 35,200 tonnes globally could sustain or elevate prices, potentially pushing gold beyond $4,000/oz, especially if inflation or geopolitical tensions persist.

Bitcoin’s maturing profile lower volatility despite price surges and gold’s stability could make them attractive for risk-averse central banks, potentially stabilizing portfolios but introducing new risks if Bitcoin’s price corrects sharply.

Nations like China, Russia, and BRICS countries, wary of U.S. sanctions and dollar weaponization, may accelerate Bitcoin and gold adoption to bypass SWIFT and reduce exposure to U.S. financial systems. This could weaken U.S. geopolitical leverage.

Bitcoin’s decentralized nature makes it appealing for countries seeking financial autonomy, while gold’s physicality offers tangible security. Central banks may balance both to hedge against different risks like cyber vs. physical threats.

Countries with significant Bitcoin or gold reserves could gain influence in a fragmented financial order, especially if digital assets become integral to cross-border trade or reserve settlements

Central bank Bitcoin holdings could spur investment in blockchain infrastructure, including custody solutions and regulatory frameworks. This might accelerate development of central bank digital currencies (CBDCs) or hybrid systems integrating crypto.

To accommodate Bitcoin, regulators worldwide would need to standardize rules on custody, taxation, and anti-money laundering, potentially reducing crypto’s “wild west” stigma but increasing compliance costs.

Both assets could serve as hedges against persistent inflation global CPI still elevated in 2025 and fiat debasement, protecting central bank purchasing power but potentially exacerbating wealth inequality if prices soar.

Sovereign backing could boost public confidence in Bitcoin, driving retail adoption but also raising concerns about speculative bubbles or exclusion of non-crypto holders.

Holding non-yielding assets like Bitcoin and gold could limit central banks’ ability to finance deficits or manipulate money supply, potentially altering traditional monetary policy frameworks.

Bitcoin’s low correlation with traditional assets could shift if central banks integrate it into reserves, potentially aligning its price movements more closely with macroeconomic trends. Bitcoin mining’s energy intensity could draw scrutiny, pushing central banks to favor “green” crypto solutions or face public backlash.

Central banks lack infrastructure for large-scale Bitcoin custody, and gold’s physical storage requires significant logistics, potentially slowing adoption.

If Deutsche Bank’s forecast materializes, central banks’ embrace of Bitcoin and gold could reshape global finance, legitimizing crypto, weakening dollar hegemony, and fostering a multipolar reserve system.

However, it introduces risks like market volatility, regulatory complexity, and geopolitical friction. Investors and policymakers should monitor adoption trends, regulatory developments, and price movements in both assets.

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