During the period from October 20 to 26, 2025, numerous significant events occurred in the cryptocurrency world that deserve detailed attention for both newcomers and experienced market participants. Below is a comprehensive analytical digest of key news, revealing market dynamics, technological updates, regulatory initiatives, and investment trends.
Market and Prices
Throughout the week, cryptocurrency prices showed instability with elements of recovery. Bitcoin (BTC) rose above the $111,000 mark after last week's sharp decline below $104,000. Despite October's traditionally positive reputation ("Uptober"), the current October has become one of the worst in the past 10 years with approximately a 5% decline. Analysts note that macroeconomic factors, particularly US-China trade disputes and weak liquidity, are restraining recovery. However, there are positive signals: over the past week, Ether (ETH), Solana (SOL), and Binance Coin (BNB) showed growth, with Solana attracting institutional investments, serving as a kind of indicator for risk asset demand. BNB interest was boosted by the announcement of Binance founder Changpeng Zhao's pardon by US President Donald Trump, which many interpreted as a signal for returning to the American market.
Regulation and Legislation
The Trump administration is actively promoting regulatory initiatives aimed at structuring the digital asset market in the United States. The US Treasury Department opened a public consultation period for implementing stablecoin regulations under the GENIUS Act. This is an important step toward creating a more transparent and secure environment, including combating money laundering and tax issues. Negotiations are also active in the US Senate between Republicans and Democrats regarding market structure and bills, indicating high-level attention to the crypto industry at the federal level. The SEC presented a 2025 regulatory change plan covering rules for digital asset offerings and trading, as well as cryptocurrency custody and operational transparency matters.
Technological Updates and Infrastructure
A significant event was the official approval by Hong Kong's Securities and Futures Commission (SFC) of Asia's first spot Solana ETF, which will trade on the Hong Kong Stock Exchange. This expands opportunities for institutional investors and increases Solana's liquidity. Additionally, Solana is preparing for an upcoming upgrade that, according to Marinade Labs lead, aims to reduce barriers for validators, simplifying network participation and enhancing its security. Another notable trend is growing crypto startup funding: in October, 27 companies raised over $2.5 billion, with total 2025 investments exceeding $19 billion, projected to reach $25 billion, demonstrating renewed institutional capital interest in crypto projects.
Important Government Initiatives and International Cooperation
Japan is considering allowing banks to trade crypto assets alongside stocks and bonds, which could significantly expand the market and integrate digital currencies into the country's traditional financial system. In Russia, the Ministry of Finance and Central Bank agreed to legalize cryptocurrencies for foreign trade settlements and create corresponding legislative norms. This highlights growing recognition of digital assets as important international payment instruments. Furthermore, Kyrgyzstan announced plans to issue a national stablecoin based on BNB Chain, representing expanded blockchain use in government financial services.
Incidents and Security
On October 20, a major Amazon Web Services (AWS) outage occurred, affecting many crypto services and demonstrating even decentralized systems' dependence on centralized cloud providers. This sparked discussions about the need for enhanced technological independence and blockchain infrastructure resilience. Potential quantum computing threats to Bitcoin's cryptography were also discussed - leading crypto technology expert Nick Carter urged urgent attention to this issue as Bitcoin's greatest long-term security threat.
Conclusion
Key takeaways for crypto world newcomers from recent events are:
- Despite temporary price fluctuations and October's activity slowdown, the crypto market continues showing recovery signs and institutional interest.
- Regulatory processes in the US and worldwide are approaching clear rule establishment, which should enhance investor security and market legitimacy.
- Technological updates and increased crypto project accessibility expand investment and ecosystem participation opportunities.
- Attention to security and potential threats like quantum computing and cloud service centralization remains critically important for industry development.
Thus, despite a complex and volatile background, the crypto industry is actively developing, strengthening its infrastructure, and undergoing regulation, creating more stable conditions for all market participants.