Cobie said she never thought Echo would be acquired by Coinbase, but now it has become a reality. The Echo platform will temporarily remain independent, but will integrate the Sonar public offering product into the Coinbase system, and may open up a new channel for entrepreneurs to connect with investors, while creating investment opportunities for investors to access the Coinbase ecosystem. Earlier news, Coinbase acquired the cryptocurrency investment platform Echo for $375 million.

 according to a chart released by glassnode, the amount of open Bitcoin contracts has decreased by about 30%, with a large amount of excess leverage funds being cleared from the market. Currently, the funding rate is close to a neutral level, significantly reducing the risk of a new round of liquidation in the market.

October 21st news, according to BeInCrypto, asset management company Bitwise today launched a Bitcoin Exchange Traded Product (ETP) in the UK.

according to market news: Coinbase acquired the cryptocurrency investment platform Echo for about $375 million. 

On October 21st, the Enforcement Directorate (ED) of India froze cryptocurrency assets worth 23.85 billion rupees (approximately $270 million) related to the OctaFX scam case in India. With this latest action, the total value of assets seized and frozen in the OctaFX case has reached 26.81 billion rupees. The main culprit in the case, Pavel Prozorov, has been arrested in Spain, and India is currently working on extradition proceedings. Investigations have revealed that OctaFX lured investors through unauthorized forex trading platforms, defrauding Indian investors of 18.75 billion rupees between July 2022 and April 2023, and used shell companies and cryptocurrency channels to transfer funds. Previously, the Enforcement Directorate had seized physical assets such as yachts and luxury homes, and this latest freezing of cryptocurrency assets reveals a new path for money laundering in the case.

 the market shows AAVE falling below $220, now trading at $219.96, with a 24-hour decline of 6.24%. The market is experiencing significant fluctuations, please manage your risks.

trading of Bluwhale (BLUAI) on Binance Alpha will open on October 21, 2025 at 19:00 (UTC+8). After trading begins, users with at least 220 Binance Alpha points can receive an airdrop of 1,600 BLUAI tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the score threshold will automatically decrease by 15 points per hour.

according to official sources, the Thai listed company RSXYZ purchased 21.97 bitcoins for $2.45 million, with an average purchase price of $111,440 per bitcoin. As of October 21, 2025, the company holds a total of 74.97 bitcoins, with an average cost of $112,628 per bitcoin.

According to official sources, MGBX will launch ZBT (ZEROBASE) and RVV (REVIVE) spot trading on October 21, 2025 at 18:00 (SGT).

 according to The Information: Nvidia (NVDA.O) is discussing providing loan guarantees for OpenAI.

 the BNB Chain official post stated that the opBNB network is currently experiencing temporary service interruption. The security confirmation status and final determinism status are both affected, which may cause abnormal deposit and withdrawal operations on centralized trading platforms. The technical team is working hard to investigate the issue and will restore network full functionality as soon as possible. Progress will be immediately updated once the issue is resolved.

 according to Lookonchain monitoring, a certain whale withdrew 7527 ETH from OKX 4 hours ago (about 29.09 million US dollars), and a total of 11860 ETH (about 46.26 million US dollars) has been withdrawn in the past week.

according to on-chain analyst Yu Jin's monitoring, a certain investment institution that received 1 million SOL investment allocation sold 733,000 HYPE in the past 4 hours, worth $26.31 million, and then bought 142,000 SOL by cross-chain USDC back to the Solana network.

 the Binance HODLer airdrop has launched the 55th project - Turtle (TURTLE), which is a liquidity distribution protocol. From 08:00 on October 14, 2025 to 07:59 on October 17, users participating in the purchase of BNB guaranteed earning coins or on-chain earning coin products will receive TURTLE retroactive airdrop rewards.

 according to CryptoQuant analyst Axel Adler Jr's analysis, the Bitcoin futures flow index indicates that the market is still in a weak area (45). Bulls are trying to regain control of the market, but all have failed. Currently, the price is still below the fair value of 30 days, futures liquidity is weak, buyer initiative is significantly weakened, showing that the market bulls are showing signs of fatigue.

 according to the data of the Hong Kong stock market, as of the close of trading today, the trading volume of 6 Hong Kong virtual asset ETFs was 24.35 million Hong Kong dollars. Among them: the trading volume of Huaxia Bitcoin ETF (3042.HK) was 8.31 million Hong Kong dollars, the trading volume of Huaxia Ethereum ETF (3046.HK) was 5.71 million Hong Kong dollars, the trading volume of CSOP Bitcoin ETF (3439.HK) was 1.5 million Hong Kong dollars, the trading volume of CSOP Ethereum ETF (3179.HK) was 1.08 million Hong Kong dollars, the trading volume of Bosera HashKey Bitcoin ETF (3008.HK) was 3.98 million Hong Kong dollars, and the trading volume of Bosera HashKey Ethereum ETF (3009.HK) was 3.77 million Hong Kong dollars.

 spot gold fell below $4250 per ounce, down 2.54% intraday. New York gold futures fell below $4260 per ounce, down 2.30% intraday.

according to on-chain analyst Ai Yi (ai_9684xtpa), the whale address 0x6e1...90733 bought 183.12 WBTC at an average price of $109,219 per coin on-chain in the past 1 hour, or started a new round of banding; he previously made a profit of about $651,000 through the WBTC band in July.

 Christopher Wong, foreign exchange strategist at OCBC Bank in Singapore, said that the election of Sanae Takaichi as Japan's Prime Minister after the Restoration Party agreed to form a coalition government was expected. Due to the fiscal stability demonstrated by the coalition of the Liberal Democratic Party and the Restoration Party, this should reassure the market and the yen. The impact of this event on the USD/JPY may not be similar to the trend seen after the LDP election, as the coalition government may require Sanae Takaichi to adjust her previous support for stimulus policies. In addition, with the macroeconomic situation allowing for policy normalization, reducing some political uncertainty may pave the way for the Bank of Japan to raise interest rates on October 30.

according to the official announcement, Bithumb will list ZORA and RECALL Korean won trading pairs.