Crypto News Today [Live] Updates On October 31 2025

Binance Alpha and Binance Futures have announced support for the token swap, redenomination, and rebranding of ai16z (AI16Z) to elizaOS (ELIZAOS). Starting November 6, 2025, at 10:00 UTC, Binance Alpha 2.0 will temporarily suspend AI16Z trading to complete the swap.All AI16Z tokens will automatically convert to ELIZAOS at a 1:6 ratio. Formerly one of the largest ecosystems in the AI Agents sector, the move marks a major step in the project’s evolution under its new ELIZAOS identity.

Hyperliquid founder Jeff weighed in on one of crypto’s most debated topics — venture capital influence. He argued that if Satoshi Nakamoto had accepted VC funding, “it would not have been Bitcoin,” emphasizing that protocol neutrality depends on untainted origins.Jeff believes the issue isn’t who holds tokens, but how projects begin — stressing that teams should stay true to Satoshi’s vision of neutral, fair protocols, even amid rising competition and market pressures.

A new SEC filing shows that Virtu Financial, Inc. — a global market-making and execution firm — holds a significant amount of XRP in addition to Bitcoin and Ethereum on its balance sheet. According to crypto lawyer Bill Morgan, the company appears financially strong and well-positioned.Virtu operates in over 50 countries and across 25,000+ securities, using high-frequency trading algorithms to provide liquidity in equities, ETFs, fixed income, commodities, and derivatives — signaling growing institutional integration of digital assets like XRP.

A prominent trader believes Bitcoin could find its bottom by mid-November, based on the projected intersection of the 50-day and 200-day SMAs a pattern that has historically marked local lows. He expects BTC could briefly wick down to the $98K range, which aligns with strong support zones, yet still remain within a bull market structure. Despite weakening price action, he argues sentiment never reached euphoric levels typical of cycle tops. The analyst sees the bull market extending into early 2026, urging investors to stay patient, hold BTC until new all-time highs, and only then rotate gradually into altcoins.

Bitcoin option traders are showing signs of tension as short-term implied volatility surges, while longer-dated contracts remain steady a move that hints at an incoming catalyst few are ready for. In contrast, Ethereum’s volatility curve is flattening, suggesting deeper structural uncertainty and a shifting long-term outlook.Traders have been scrambling to hedge macro and expiry risks, causing front-end skew to blow out and snap back quickly. Analysts say this divergence between BTC and ETH options could signal a rare mispricing opportunity across crypto volatility markets.

Veteran trader Peter Brandt shared an honest take on the mental challenge of trading, admitting it feels “intellectually and emotionally awkward” to hold contrary positions across different accounts. Brandt explained that while he’s a long-term Bitcoin investor, his swing trading account is currently short BTC futures, based on a megaphone pattern he’s tracking. His post underscores the tricky balance many traders face when separating long-term conviction from short-term strategy in volatile markets like crypto.

Binance has rolled out QR-based crypto payments in Argentina, letting users pay for goods and services instantly and fee-free. Shoppers can now scan any merchant’s QR code with the Binance app and pay directly using crypto like BTC or USDT, which is automatically converted to pesos at market rates via a regulated local partner. “This brings crypto into everyday life — fast, secure, and simple,” said Andrés Ondarra, Binance’s Argentina GM. The feature, powered by Binance Pay, strengthens real-world crypto use in one of Latin America’s most QR-driven economies.

Sam Bankman-Fried insists that FTX was never actually insolvent, arguing that the missing $8 billion in customer funds never left the platform. According to new bankruptcy filings, nearly 98% of creditors have already received 120% repayment, with total recoveries expected between 119% and 143%. Even after paying off $8 billion in claims and $1 billion in legal fees, the FTX estate reportedly still holds around $8 billion, reigniting debate over the company’s collapse and SBF’s ongoing defense.

Roundhill has filed for a U.S. Government Portfolio ETF, a fund designed to hold the same assets the U.S. government invests in. Essentially, it acts as a “White House asset management tracker,” giving investors a peek — and a stake — in the federal portfolio itself. The move highlights a growing trend of transparency-themed financial products that let retail investors mirror institutional or government-level strategies.

Altcoin markets are facing another rough day, with most major tokens hitting fresh lows. Investor sentiment is also sinking, reflecting growing caution across the board. However, analysts suggest that a major macroeconomic shift could be approaching, one that may turn the tide for risk assets like crypto. For now, traders are advised to stay patient and “hang tight.”

Once the Clarity Act passes, Ripple will need to hold less than 20% of XRP’s total supply to ensure the token isn’t classified as a security. Reports suggest Ripple may transfer part of its holdings to the U.S. government, aligning with compliance requirements and opening the door for IMF involvement. Under this structure, the IMF could set XRP’s global price, as it can only adopt assets already recognized by nations — fueling speculation that XRP could become the new e-SDR.

Canary Funds has updated its S-1 filing for the $XRP spot ETF, removing the “delaying amendment” that allows the SEC to control the timing. This move clears the path for an automatic launch on November 13, pending approval from Nasdaq’s Form 8-A. The timeline could shift slightly depending on the government’s reopening and any SEC comments. Interestingly, SEC Chair Paul Atkins praised firms using this auto-effective route, the same method used by Bitwise and Canary for their recent $SOL, $HBAR, and $LTC ETFs.