1.Multicoin: Attention Assets and Prediction Market

In recent years, the crypto space has given rise to a new type of asset—assets measured by attention value. Currently, “attention assets” mainly manifest as user-generated assets, such as NFTs, creator tokens, and Memecoins. These assets serve as the Shearing point of cultural attention tides and reflect fluctuations in attention through price volatility. Click to read

2. Spending $375 million to acquire Echo: Why Coinbase favors it

On October 21, 2025, Coinbase spent approximately $375 million to acquire the leading on-chain financing platform Echo. The Echo platform allows community members to more easily fund and invest, whether through Echo's private offerings or using Sonar's public sales. Click to read.

3. Ultimately pardoned by Trump, Binance founder CZ regains complete freedom

On October 23 local time in the United States, White House officials stated that President Trump has signed an executive order granting clemency to Zhao Changpeng (CZ), the founder of Binance, who has been convicted. Press Secretary Caroline Levitt said in a statement that Trump “exercised the power granted by the Constitution to pardon Zhao Changpeng, who was prosecuted during the Biden administration's crackdown on cryptocurrency.” The pardon has been reviewed by the White House legal counsel. Levitt stated, “These actions by the Biden administration seriously undermine the reputation of the United States as a global leader in technology and innovation. The Biden administration's war on cryptocurrency is over.” Click to read.

4.180 Days Before Zhao Changpeng's Pardon

In the midnight of October 23, 2025, Zhao Changpeng, the Chinese crypto billionaire, was announced to have received a presidential pardon from Donald Trump. According to public information, President Trump had previously expressed sympathy to his advisors regarding Zhao Changpeng's claims of “political persecution in the United States.” However, just a year earlier, on April 30, 2024, Zhao Changpeng was experiencing the darkest moment of his life: he was stripped naked, subjected to humiliating searches, had his buttocks displayed, and then was locked in a cold cell. His cellmates were muscular men with tattoos all over their faces and patterns carved on their heads. Click to read.

5. Who will succeed Powell?

On October 22, 2025, the global financial markets are holding their breath in anticipation of a suspenseful moment: the term of Jerome Powell, the Chairman of the Federal Reserve (hereinafter referred to as the “Fed”), will end on May 15, 2026. This is not only a personnel change point but also a crucial test of the direction of U.S. monetary policy, global economic stability, and the independence of the Fed. Against the backdrop of the strong return of the Trump administration, the choice of successor, the adjustment of interest rate paths, and whether the Fed can continue to withstand political pressure have become the focal points of discussion among markets, scholars, and ordinary investors. As one trader on platform X commented, “Trump's new Fed nominee has already voted for a 50 basis point rate cut… you do the math, an extended cycle is coming.” This statement has ignited market expectations and concerns about a radical shift in monetary policy following the end of the “Powell era.” Click to read.