EP 12
Crypto Markets Stabilize Following High US Inflation Liquidations
In this episode
Crypto markets stabilized with BTC hovering at $82,425.49 and ETH gaining 1.72% to $2,461.72 following macro volatility and nearly $1B in liquidations sparked by hot US inflation data. Binance expanded its derivatives lineup by launching covered call and cash-secured put options strategies, alongside reports that Binance.US is seeking a $1B valuation in a $100M funding round. In the BNB Chain ecosystem, BSC total value locked stood at $5.35B, while major industry players Mastercard and Circle advanced institutional stablecoin adoption across Europe and global banking.
- Binance launched covered call and cash-secured put short options strategies on its platform.
- Binance.US is reportedly seeking a $1B valuation in a potential $100M funding round to regain market share.
- The European Banking Authority designated Circle's USDC as the European Union's first 'significant' e-money token, taking effect November 12.
- Nearly $1B in crypto positions were liquidated after hotter-than-expected US producer inflation triggered market whipsaws.
- BNB Chain (BSC) TVL sat at $5.35B, down 0.7% over 24 hours and 5.77% over the past 7 days.
- Binance announced the upcoming delisting of EPIC and QUICK scheduled for 2026-10-28, with EPIC dropping 15.05% over 24 hours.
- Russia's central bank confirmed it will ban direct peer-to-peer crypto trades starting July 1, 2027.
- Mastercard teamed up with BVNK to launch the 'Global Money Platform' connecting fiat and stablecoin payments via a single API.