Weekly Recap | Market Faces Liquidity Crunch, Global Regulations Advance, Echobit Expands Ecosystem
2025.10.20
Week of October 13 – October 19, 2025
Last week, the U.S. macroeconomic outlook remained uncertain. The dollar strengthened as investors sought safe-haven assets, while the second week of the U.S. government shutdown began to weigh on the real economy.
In the crypto market, liquidity remained tight, with short-term technical rebounds but an overall weak trend. The market continues to experience deleveraging and liquidity contraction. This week, investors will focus on the U.S. September CPI data, a key indicator for assessing the Federal Reserve’s next rate policy move.
This report provides a concise recap of last week’s key developments across the crypto industry and previews the major trends and events to watch in the coming week.
Market Pulse
Bitcoin spot ETFs in the U.S. saw net outflows of $1.225 billion last week, while Ethereum spot ETFs recorded $311 million in outflows.
OpenSea is transitioning into a crypto trading aggregator, with trading volume reaching $1.6 billion so far in October.
Three major Japanese banks announced plans to jointly issue yen- and dollar-pegged stablecoins.
Sony Bank’s subsidiary, Connectia Trust, is applying for a U.S. national banking license.
North Korean hackers uploaded over 300 malicious code packages targeting blockchain firms to the npm software registry.
The U.S. Department of Justice confirmed the seizure of 127,000 BTC, marking the largest confiscation case in history.
Japanese-listed firm Metaplanet’s market cap fell below the value of its Bitcoin reserves.
BitMine increased its Ethereum holdings to 3.03 million ETH, while Strategy acquired 220 BTC, bringing total holdings to 640,000 BTC.
Funding & M&A
A total of 20 funding rounds took place last week, raising over $700 million, mainly in DeFi, Web3+AI, and infrastructure sectors.
Open-source AI provider Inference raised $11.8 million in seed funding led by Multicoin Capital and a16z CSX.
Blockchain-based financial service company Telcoin completed a $25 million pre-Series A round.
Korean blockchain infrastructure provider DSRV raised $21.12 million in Series B funding.
Web3 entertainment company Astra Nova raised $48.3 million to expand tokenized content and creator tools.
UK-listed firm Hamak Strategy secured £35 million to support its investments in gold and Bitcoin.
U.S.-listed treasury firm TAO raised $11 million via private placement.
Self-custody digital bank Tria raised $12 million across pre-seed and strategic rounds.
Decentralized energy network Daylight raised $75 million.
Policy & Compliance
The UK plans to finalize stablecoin regulations by the end of 2026, potentially aligning with U.S. frameworks.
SEC Chair Gary Gensler expressed support for balancing innovation with effective regulation in the crypto sector.
New York City Mayor Eric Adams announced the creation of the nation’s first mayor-level Office for Digital Assets and Blockchain.
Kenya’s Parliament passed the Virtual Asset Service Providers Bill, clarifying the roles of the central bank and capital markets regulator.
Echobit Highlights
Echobit Chart Prediction Challenge
Launch of the Echobit RWA Ecosystem Program
Echobit x UMY Partnership Giveaway
New MIRA/USDT spot listing with a 10,000 USDT reward pool
2ZUSDT Futures Trading Campaign offering $20,000 in double rewards
RWA Project Voting Event with a $500 reward pool
Echobit Labs hosted Bridge the Block Korea Day
Echobit RWA Ecosystem featured by top financial media
Echobit Product Update v1.2.0 officially released
Looking Ahead (October 20 – October 26, 2025)
Ethereum treasury firm ETHZilla will execute a 10-to-1 reverse stock split on October 20.
The U.S. CFTC’s public comment period for new digital asset regulations closes on October 20.
The Federal Reserve will host its Payments Innovation Conference on October 21, discussing stablecoins and tokenization.
Meteora will conduct its Token Generation Event (TGE) on October 23.
The U.S. Bureau of Labor Statistics will release September CPI data on October 24.
An ECB executive board member will present an update on the digital euro project on October 24.
MIRA token claim from the Mira Foundation ends on October 26.
Linea Ignition liquidity incentive program runs through October 26.
Echobit will continue to track global crypto developments, spotlighting market shifts, regulatory trends, and investment opportunities — helping you navigate every market cycle with confidence.