Investor sentiment turned sharply bearish as crypto’s fear index plunged to 28, and $230 billion in value evaporated in a single day. The crypto market’s Fear & Greed Index flipped sharply to “fear” this week, falling to levels last seen in April, as a market sell-off erased over $230 billion in a single day. On Friday, CoinMarketCap’s Crypto Fear & Greed Index, which tracks volatility, market momentum, social media trends and dominance metrics, fell to a low of 28, which is within the “fear” category and is inching closer to “extreme fear.” CoinMarketCap data showed that on Friday, the total crypto market capitalization dropped to about $3.54 trillion, a 6% drop from $3.78 trillion the previous day. This wiped out over $230 billion in value from the sector, marking one of the sharpest single-day declines in months. Read more
French regulator ACPR is auditing Binance and other exchanges as Paris seeks a greater role in enforcing MiCA rules across Europe. Update (Oct. 17, 2025, at 11:00 am UTC): This article has been updated to add commentary by a Binance spokesperson. France’s banking regulator is reportedly conducting additional Anti-Money Laundering (AML) checks on Binance and other cryptocurrency exchanges, as Paris lobbies for more authority over Europe’s crypto industry under the Markets in Crypto-Assets Regulation (MiCA). According to a Friday Bloomberg report, the French Prudential Supervision and Resolution Authority (ACPR) is checking the Anti-Money Laundering compliance of Binance and “dozens of exchanges.” The report cited anonymous sources who noted that the checks started last year and are confidential. Read more
The best Ethereum block explorers in 2025, from Etherscan to TokenView, each offer unique tools, strengths and limitations. As Ethereum continues to scale, block explorers have become essential tools for users tracking ETH, tokens, NFTs and smart contracts. Etherscan, founded in Malaysia, excels at contract verification, token tracking and gas fee estimation, though it lacks portfolio management features. Based in Thailand, Ethplorer specializes in token-centric data. It offers portfolio tracking and a developer-friendly API, making it a strong choice for DeFi and NFT users. Read more
Sixteen years after Bitcoin’s debut, regulators continue to face hurdles in accessing reliable crypto data, with privacy laws complicating efforts. Privacy of data is among the key legal challenges to cross-border cooperation in regulating cryptocurrencies like Bitcoin and stablecoins, according to the G20’s risk watchdog. The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements (BIS), has identified persistent gaps in how governments worldwide regulate the cryptocurrency market. “This inconsistency creates challenges such as regulatory arbitrage, data gaps, and market fragmentation,” the FSB wrote in a 107-page peer review report released on Thursday. Read more
Bitcoin plunged to $104,500 in the spot market as signs of credit strain in US regional banks reignited fears of a broader market sell-off. Key takeaways: US regional bank stress hit markets as auto sector bankruptcies exposed risky loans, sending financial stock prices sinking. Bitcoin fell below the 200-day SMA, dropping to $104,500 amid $1.2 billion crypto liquidations. Read more