News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Bitget Daily Digest(October 16)|SEC to Introduce Innovative Exemption Mechanism by End of 2025; Japan Plans Legislation to Ban Crypto Insider Trading; Aptos Partners with Reliance Jio to Launch Blockc2Chainlink holds 63% oracle market share as LINK price tests resistance3Top 3 Altcoins for November Gains: Experts Highlight ETH, ADA, and LINK
Flash
- 2025/10/16 23:46Merlin Chain: BTCFi earnings are steadily increasing, and 50% of the profits will continue to be used for MERL buybacksChainCatcher reported that the official Twitter account of the Bitcoin Layer2 network Merlin Chain stated that its BTCFi ecosystem continues to generate stable and sustainable revenue across multiple chains, with income sources covering staking, liquidity, and yield protocols. According to the official plan, more than 50% of the revenue will be used for ongoing buybacks of the MERL token. The related buyback mechanism is already being implemented and will be promoted in the long term. The official statement emphasized that Merlin Chain's commitment to BTCFi is not only about ecosystem expansion, but also about returning the actual value generated by ecosystem growth to the community.
- 2025/10/16 23:19Florida plans to allow the state CFO and Pension Board to invest in bitcoin and digital asset ETFsJinse Finance reported that the Florida House of Representatives has introduced Bill HB 183, which proposes to allow the state Chief Financial Officer and the State Pension Board to invest up to 10% of public funds in bitcoin, tokenized securities, NFTs, and crypto ETFs. The bill positions bitcoin as a potential store of value and inflation hedge for state funds, and allows residents to use digital assets to pay certain taxes and fees, with payments converted to US dollars and deposited into the state treasury. If passed, the bill will still require approval by the Senate and the Governor's signature, and is scheduled to take effect on July 1, 2026. This move continues the trend of states promoting bitcoin reserve plans in 2025.
- 2025/10/16 23:19Polymarket: 34% probability that Bitcoin will fall below $100,000 by the end of OctoberAccording to a report by Jinse Finance, as disclosed by Cointelegraph, traders on the Polymarket platform believe there is a 34% probability that bitcoin will fall below $100,000 by the end of October, while the probability of it surpassing $130,000 remains below 10%.