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Strategy, Coinbase, Bitmine Surge In Pre-Market Trading: What's Driving Crypto Stocks Higher? – Benzinga

Cryptocurrency-linked equities were higher in pre-market trading on Monday, as major coins rallied sharply from the “Black Friday” crash.
Strategy, the world's largest Bitcoin (CRYPTO: BTC) treasury firm, was up 1.80%, while cryptocurrency exchanges like Coinbase and Bullish were up more than 2.60% each.
World's biggest Bitcoin mining firm MARA Holdings rallied over 3%, while Ethereum (CRYPTO: ETH)-centric treasury company Bitmine climbed over 6%.
See Also: Trader Who Made $160 Million Shorting Bitcoin, Ethereum Before Trump’s Tariff Threat Is Doubling Down: ‘Did Someone Know’
The rally comes after major cryptocurrencies staged a sharp recovery Sunday, overcoming the ‘Black Friday’ that wreaked havoc and led to billions in liquidations.
Investors sensed signs of de-escalation between the U.S. and China after Trump said, “It will all be fine” via his Truth Social, days after threatening 100% tariffs on the Asian nation and sparking global jitters about a trade war.
U.S. stock futures rallied Monday morning, driven by easing concerns over trade relations with China and a rebound in oil prices.
Price Action: At the time of writing, BTC was exchanging hands at $115,261.73, up 3.55% in the last 24 hours, according to data from Benzinga Pro. ETH traded up 9.32% at $4,174.39 at last check.
The MSTR stock exhibited a high growth score — a measure of the stock’s combined historical expansion in earnings and revenue across multiple periods. How does it compare to Coinbase and the other cryptocurrency-linked stocks mentioned above? Visit Benzinga Edge Stock Rankings to find out.
Read Next: 
Photo courtesy: Shutterstock
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

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Spanish teen gives lottery teams another reason not to pass on her in 2026 draft – High Post Hoops

The 2026 WNBA Draft is expected to produce a strong class of players. Spanish teen Awa Fam may not be as well-known in the U.S. as many college stars, but she has a strong case to be drafted in the lottery. Despite being only 19 years old, Fam already has experience playing professionally in Spain. She signed her first contract with Valencia to play in the Liga Femenina de Baloncesto in 2021 when she was only 15. 
At 6’4”, Fam offers great size in the paint, but that is far from her only asset. The 19-year-old has great post moves and exceptional footwork. She can also drive to the rim and knock down mid-range jump shots. Fam isn’t just a talented scorer and great rebounder, though. She also has impressive court vision and passing abilities for a young center. On defense, Fam has strong foundational skills that allow her to play many different types of coverage well in her current league. 
Fam would be a very intriguing fit next to Paige Bueckers in Dallas or a thrilling prospect for the Minnesota Lynx to boost the team’s frontcourt depth behind Napheesa Collier and Alanna Smith. If those teams needed any more motivation to consider Fam at the top of the draft, she gave it to them with her best performance of a young 2025-26 season. 
Awa Fam came off the bench when Valencia faced off with IDK Euskotren in a Spanish league game. Nevertheless, she ended up playing the second-most minutes on the team and scored the second-most points while leading the team in rebounds. 
In 25 minutes on the court, Fam scored 17 points on 6-7 shooting from the field and 5-6 shooting from the free-throw line, putting together an incredibly efficient performance. She also grabbed nine rebounds, dished out one assist, and got one steal. 
Fam was a big reason for Valencia’s 69-54 win. Seeing a young prospect play such a big role is always impressive. The feat becomes even more impressive if you consider that Fam is the youngest player on Valencia’s roster by two years and the only teenager. 
Fam and Valencia will face the Turkish powerhouse Fenerbahce next. Fenerbahce’s top frontcourt rotation currently consists of Iliana Rupert, Emma Meesseman, and Monique Billings—all three are WNBA players and battle-tested veterans in the case of Meesseman and Billings. Meesseman is also a former Finals MVP and a six-time EuroLeague champion. Jonquel Jones and Dominique Malonga also signed with Fenerbahce, but neither has suited up for the team yet. 
Even without Malonga and Jones, Fam will have to go up against a strong frontcourt rotation in her next game. If she can put together a good game against Rupert, Meesseman, and Billings, the performance would boost her draft stock even more. 
© 2025 Minute MediaAll Rights Reserved. The content on this site is for entertainment and educational purposes only. Betting and gambling content is intended for individuals 21+ and is based on individual commentators' opinions and not that of Minute Media or its affiliates and related brands. All picks and predictions are suggestions only and not a guarantee of success or profit. If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER.

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XRP Holders Didn't Panic Despite 50% Price Drop – TradingView

The XRP community remained relatively unfazed by the recent market crash, according to on-chain data. 
The XRP Ledger (XRPL) network witnessed slightly higher activity based on a slight spike in the transaction per second (TPS) metric, but there was nothing abnormal. 
That said, it is worth noting that the number of daily transactions did top 2 million for the first time since early August on Oct. 11, according to data provided by blockchain explorer XRPScan. 
XRP's 50% price crash 
On Oct. 10, the price of the token experienced a massive crash, briefly collapsing by more than 50% to just $1.25. The Ripple-linked token reached its lowest level since November 2024 before seeing a sharp recovery. 
The token is currently trading at $2.37 on the Binance exchange after several extremely turbulent days. 
Trading volume plunges 
Even though on-chain activity was relatively calm, XRP experienced huge spikes in trading volumes across major exchanges. 
CoinGlass data shows that the intensity of trading activity has now subsided.
For instance, the trading volume recorded by XRPUSDT on Binance, the world's leading exchange, is down by 65%. The same trading pair also logged 73% and 74% drops on Bybit and OKX, respectively.
XRP's open interest keeps plunging 
The token's open interest has also plunged since the crash (from the peak of $9.15 billion recorded on Oct. 7 to just $4.2 billion on Oct. 12).
Chicago-based futures trading giant CME Group is currently in the lead in terms of XRP OI with $1.08 billion.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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Israel-Gaza live updates: 20 living hostages released after 2 years – ABC News – Breaking News, Latest News and Videos

  1. Israel-Gaza live updates: 20 living hostages released after 2 years  ABC News – Breaking News, Latest News and Videos
  2. All living Israeli hostages released as Trump to address Knesset – live updates  CNN
  3. Scoop: Direct meeting between Trump envoys and Hamas leaders sealed Gaza deal  Axios
  4. Israel Says All Hostages Have Been Released in Swap: Live Updates  The New York Times
  5. Israeli hostage release underway as Trump arrives in Middle East for Gaza peace deal  Fox News

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Can PI Price Overcome 106 Million Token Unlock to Break Higher? – BeInCrypto

Written by
Abiodun Oladokun
Edited by
Ann Maria Shibu
Pi Network’s native token, PI, has been in a sideways trend since the beginning of the month, reflecting muted buying and selling pressures in the market.
However, technical indicators are beginning to flash early bullish signals, hinting that PI could be preparing for an upward breakout. Yet, despite these bullish cues, the 106 million PI tokens set to be released over the course of this month threaten to derail the potential rally.
An assessment of the PI/USD one-day chart shows the token’s Chaikin Money Flow (CMF) climbing steadily despite its sideways price movements. This creates a bullish divergence that suggests rising inflows into the token.
For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
The CMF tracks the volume-weighted flow of money into and out of an asset over a set period, measuring whether buying or selling pressure dominates. When the CMF rises while the price remains flat or moves sideways—as seen with PI—this forms a bullish divergence, indicating that buyers are quietly accumulating the token even though the price has not yet responded. 
This trend suggests that PI demand is slowly building, and if the buy-side pressure builds even further, it could set the stage for an upward breakout above the narrow range. 
In addition, PI is trending toward its 20-day exponential moving average (EMA), confirming the gradual buildup in bullish pressures. 
The 20-day EMA measures an asset’s average price over the past 20 trading days, giving more weight to recent prices. A decisive move above the 20-day EMA signals a shift in market sentiment from neutral or bearish to bullish, reflecting increasing buying interest and momentum. 
For PI, nearing this level suggests that the token is testing the strength of current market support. A successful breach could pave the way for further upward gains, especially if accompanied by sustained buying pressure.
Despite these bullish signals, PI’s upcoming token unlock could keep the asset confined within its current range. 
According to PiScan, over 106 million PI tokens are scheduled for release for the remainder of the month, adding significant selling pressure to an already subdued market. 
If demand fails to absorb this influx, any potential upward breakout could be negated. In such a scenario, PI may continue trading sideways or even break below its range, risking a drop toward its all-time low of $0.32. 
Conversely, if buying pressure strengthens and absorbs the new supply, the token could push higher toward $0.40.
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Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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The feds say two brothers stole $25 million in crypto in 12 seconds. The defense says they merely outsmarted bots. – Business Insider

                                   Every time Laura publishes a story, you’ll get an alert straight to your inbox!                                     <br>Enter your email<br><br>                                         By clicking “Sign up”, you agree to receive emails from Business Insider. In addition, you accept Insider’s                                         <a href="/terms" target="_blank" rel="noopener noreferrer">Terms of Service</a> and                                         <a href="/privacy-policy" target="_blank" rel="noopener noreferrer">Privacy Policy</a>.                                       <br>                                       Every time Laura publishes a story, you’ll get an alert straight to your inbox!                                     <br>Enter your email<br><br>                                         By clicking “Sign up”, you agree to receive emails from Business Insider. In addition, you accept Insider’s                                         <a href="/terms" target="_blank" rel="noopener noreferrer">Terms of Service</a> and                                         <a href="/privacy-policy" target="_blank" rel="noopener noreferrer">Privacy Policy</a>.                                       <br>Federal prosecutors allege two MIT-educated brothers pulled off a <a target="_self" class="" href="https://markets.businessinsider.com/news/currencies/crypto-fraud-crime-brothers-charged-stealing-25-million-doj-irs-2024-5" data-track-click="{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}" rel="">cryptocurrency heist</a> in a matter of seconds, stealing $25 million in a "first-of-its-kind" fraud scheme.<br>The brothers' defense? There was no fraud at all. All they did was outsmart some "predatory" automated trading bots. In the dog-eat-dog Wild West of crypto trading, it was fair game, not fraud.<br>That's what defense attorneys for Anton Peraire-Bueno, 25, and James Peraire-Bueno, 29, are set to argue when the brothers' criminal case heads to trial in Manhattan federal court on Tuesday.<br>If convicted of the conspiracy, wire fraud, and money laundering charges against them, the brothers — both highly educated in math and computer sciences — face a maximum sentence of 20 years in prison for each count.<br>The trial comes amid efforts by the Trump administration to bring more order to the <a target="_self" class="" href="https://www.businessinsider.com/trump-crypto-reserve-bitcoin-btc-eth-prices-coins-rally-questions-2025-3" data-track-click="{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}" rel="">cryptocurrency world</a>, including through new regulations.<br>Prosecutors say the pair's 12-second <a target="_self" class="" href="https://www.businessinsider.com/ethereum-vs-bitcoin-eth-btc-price-crypto-rally-spot-etfs-2025-7" data-track-click="{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}" rel="">Ethereum blockchain</a> theft in April 2023 was "meticulously planned" over at least three months, right down to their online searches for "how to wash crypto" and "top crypto lawyers."<br>"Money launder <em>statue</em> of limitations," prosecutors say they searched at one point, misspelling statute.<br>The brothers, prosecutors allege, used "bait transactions" to find three victim traders and study their trading habits.<br>They then "lured" the victims' trading bots into a carefully set, fast-acting trap.<br>The trap was set with an irresistible bundle of crypto trades — the kind of transactions that the brothers correctly guessed the victim's bots would leap at the chance to profit from, prosecutors say.<br>The brothers then sprung the trap shut. Prosecutors say they exploited a software "vulnerability" that let them quickly glimpse their prey's private transaction information and "tamper" with the purchase in a classic bait-and-switch.<br>Instead of generating an anticipated windfall, the victims found that their $25 million had purchased a pile of effectively worthless, illiquid junk crypto.<br>Along the way, prosecutors say, the brothers hid their own identities — and the location of the heist's ill-gotten gain — through a web of shell companies, crypto addresses, and foreign crypto exchanges.<br>The heist itself, prosecutors say, was executed in just 12 seconds — the brief pause between the moment a crypto trade is made and when it is officially logged on the blockchain.<br>"Using the specialized skills developed during their education, as well as their expertise in cryptocurrency trading" the brothers "exploited the very integrity of the Ethereum blockchain," prosecutors said in a 19-page indictment.<br>The Peraire-Bueno brothers "manipulated and tampered with the process and protocols by which transactions are validated and added to the Ethereum blockchain," the indictment alleges.<br>"In doing so, they fraudulently gained access to pending private transactions and used that access to alter transactions and obtain their victims' cryptocurrency."<br>The brothers' lawyers have told prosecutors that they are not interested in even considering taking a plea, prosecutors revealed at a hearing on Thursday.<br>Instead, the defense is set to push back hard against the prosecution's allegations, at trial, before a jury.<br>"There's no central authority" governing the Ethereum blockchain, Patrick Looby, who represents the elder brother, James, told US District Court Judge Jessica G. L Clarke during oral arguments in June.<br>"And there's no government regulations. Instead, economic incentives guide parties' behavior," Looby argued. Prosecutors, he said, are alleging conduct that the government has never sought to criminalize, he argued, including taking advantage of a software vulnerability or using a crypto transaction as "bait."<br>For fraud, "there needs to be a promise to the victim," he also argued.<br>"Here, there is no alleged communication at all between the Peraire-Buenos and the traders. And for that reason as well, there's no alleged intent to defraud," he told the judge.<br>The so-called victims "made very risky bets on a strategy that didn't pay out," he added. "But there was nothing stolen and there was no theft, as that word would normally be used."<br>The alleged victims lost their cryptocurrency "through pre-programmed trades without ever interacting with the Peraire-Buenos, directly or indirectly," the defense attorneys argued earlier this year, in a failed motion to dismiss the indictment.<br>"Before this indictment, no Ethereum user would have understood that thwarting a predatory attempt by 'bots' engaged in market manipulation could lead to criminal charges," they wrote.<br>"No court has ever applied these statutes to similar transactions," they argued. "And the Peraire-Buenos had no reason to know that their alleged conduct may be considered unlawful."<br>Members of the defense team declined Business Insider's requests for comment on the case. A spokesperson for the prosecution did not immediately respond to a request for comment.<br>Prospective jurors will be told on Tuesday that the trial may run into the first week of November.<br><br><br><br><br><br>Jump to<br><br><a href="https://news.google.com/rss/articles/CBMisAFBVV95cUxQRGgwRkhNR01Jc1BoRTNBRVFuRkdval9kel9VM0M4WkpXREthRkVMWWdqNVdGRnVXSVlXbkVIUXY3UHl2RGhITHc0TXV6RFN0RlVuTzMzM21oa2VkSkluZENxOENSbk5sYmpzVkZTN2dSVXpNSVhVTW12V3J1MkhBX3RETEoyRXVUdUo4bExINy1qRi1xSFFkZF9ZejNkd080LVdqZC1aNTZ1T3Z4a0V5Sw?oc=5">source</a>