Investment products tied to digital assets recorded $921 million in net inflows last week, according to CoinShares. Bitcoin-focused funds led with $931 million, while Ethereum products saw their first weekly outflows in five weeks at $169 million. The surge follows softer U.S. inflation data released Friday, which renewed investor expectations for potential Federal Reserve rate cuts.

India's Madras High Court has ruled that cryptocurrencies constitute legal property under Indian law. The decision blocks WazirX from reallocating a customer's 3,532 XRP tokens to cover losses stemming from the exchange's $234 million security breach in July 2024. The court rejected WazirX's proposed loss socialization mechanism, finding no contractual basis for spreading the deficit across all users.

Coinbase's x402 payments protocol processed nearly 500,000 transactions between October 14 and October 20, marking a 10,780% increase from the previous month, according to Dune Analytics data. The protocol enables AI agents and users to conduct instant stablecoin payments without intermediaries by utilizing the HTTP 402 status code. Friday recorded the highest daily transaction count at 239,505, while Thursday saw peak transaction volume reaching $332,000.

Kyrgyzstan launched KGST, a stablecoin pegged 1:1 to the som, operating on BNB Chain. Former Binance CEO Changpeng Zhao attended the October 24, 2025 launch with President Sadyr Japarov. The National Bank will pilot a central bank digital currency in three phases, with a deployment decision expected by 2026.

Crypto hardware wallet provider Ledger has introduced a fee structure for its redesigned Multisig application, charging a $10 flat fee per transaction plus 0.05% on token transfers. The pricing model, announced alongside the Nano Gen5 device launch, has drawn criticism from developers and users who argue the fees contradict self-custody principles. Ethereum developer pcaversaccio stated the company claims alignment with cypherpunk ideals while attempting to establish centralized control over cryptocurrency transactions.

President Donald Trump plans to nominate Michael Selig for chair of the Commodity Futures Trading Commission, administration officials said. Selig serves as chief counsel of the SEC's crypto task force and senior adviser to SEC Chair Paul Atkins. The nomination comes after Trump withdrew Brian Quintenz's candidacy following opposition from crypto industry figures.

Video-sharing platform Rumble is introducing Bitcoin tipping functionality for its 51 million monthly active users through a partnership with Tether. CEO Chris Pavlovski announced the feature is currently in testing, with full rollout expected by early to mid-December 2025. The initiative was revealed at the Plan ₿ Forum in Lugano, Switzerland.

Bitcoin remains vulnerable to drawdowns of up to 50% even as institutional adoption rises, according to Tom Lee, chairman of BitMine. Lee noted that Bitcoin continues to track equity markets with amplified movements, meaning a 20% decline in the S&P 500 could result in a 40% drop for Bitcoin. Despite volatility concerns, Lee maintains his forecast that Bitcoin could reach $200,000–$250,000 by year-end.

Decentralized perpetual futures platforms recorded over $1 trillion in trading volume during October, marking a new monthly record. Hyperliquid led all decentralized exchanges with $317.6 billion in trades, while collective DEX activity peaked at $78 billion on October 10. The milestone represents approximately 30% growth over August's previous record of $762 billion.