Lido Says Institutional Staking Drew $25 Billion This Year, Speeding Ethereum’s Shift Into Financial Infrastructure [Cointerview]

The FOMC meeting today may cause volatility in cryptocurrency markets. Bitcoin, Ethereum, and XRP are facing resistance, with Bitcoin ETF inflows contrasting Ethereum outflows. The Fed's decision and guidance will impact market sentiment, with a 93.4% chance of rates staying unchanged. Bitcoin is near $81,230, Ethereum at $2,363, and XRP at $1.33.

Binance will temporarily pause Ethereum (ETH) deposits and delist several trading pairs that fail to meet its standards. The exchange cited service upgrades and market performance as reasons for the changes, according to the announcement.

Bitcoin fell below $80,000 on October 27, with cryptocurrencies weakening ahead of the Federal Reserve's decision. Bitcoin traded around $79,800, down 0.8%, while Ethereum and Solana also declined. Investors are cautious due to high interest rates and potential further rate hikes, which typically reduce demand for speculative assets like cryptocurrencies.

Ethereum developers have fixed a bug in the upcoming Glamsterdam upgrade that could have allowed theft of staked ETH. The fix changes validator deposit rules and paves the way for the upgrade, expected by late November. ETH is trading at $2,330 as of Oct. 27.

The SEC delayed GraniteShares' 3X leveraged crypto ETFs (Bitcoin, XRP, Ethereum, Solana) to November 30, 2026. The delay affects eight proposed products, including 3X long and short daily ETFs. The filing does not state the reason for the delay. The decision comes ahead of U.S. midterm elections and Fed rate decisions, adding market uncertainty.

CoinDCX, India's largest crypto exchange, lost $16M in USDT from old wallets post-July 2025 hack, despite CEO's earlier dismissal. Customer funds unaffected; exchange will cover losses. Incident highlights risks of keeping crypto on exchanges, as users don't own coins directly; no FDIC/SIPC protections exist.