EP 10
Crypto Markets Pull Back Following September Inflation Print
In this episode
Crypto markets pulled back following hotter-than-expected US September CPI data, with Bitcoin dipping below $82,000 and BNB declining 1.83% to $728.23. Binance expanded its product suite by rolling out bStocks tokenized securities and introducing Binance AI features to streamline market research, while also announcing the delisting of EPIC and QUICK. In broader industry news, hardware wallet supply chain security took center stage after Ledger device tampering reports prompted CZ to call for transparent device casings.
- Bitcoin fell -2.13% to $81,634.0 and ETH dropped -3.89% to $2,412.27 after US September CPI reached 3.7%, beating forecasts.
- BNB slipped -1.83% to $728.23 with $62.8M in 24-hour spot volume, while BSC total value locked eased -0.5% to $5.33B.
- Binance announced it will delist EPIC and QUICK on 2026-10-28, coinciding with EPICUSDT plunging -29.14% to $0.3115.
- Binance added Blackberry (BBB), Mongodb Inc (MDBB), Penguin Solutions Inc (PENGB), and ProShares Ultra VIX ETF (UVXYB) bStocks trading pairs and enabled 4 bStocks as collateral assets.
- CZ posted that all hardware wallets must have see-through cases in the future, reacting to an open-source tool built to detect hardware tampering.
- Yi He highlighted the new Binance AI feature embedded directly into the Binance App market tab for portfolio reviews and customized updates.
- Ledger asked resellers in seven Asian markets to pull devices after a suspected $86M drain and hardware implant findings.
- Russia's largest bank, Sberbank, won regulatory approval to trade and custody Bitcoin, Ethereum, and USDT for its 110M retail users.
- Circle's USDC was classified as 'significant' under the European Union's MiCA regulatory framework.
- Strive purchased 2,822 Bitcoin for $235M following $369.2M in proceeds raised from warrant exercises.