Crypto News Today (Live) Updates October 14

BlackRock CEO Larry Fink told CBS that he now views Bitcoin as an alternative asset similar to gold. While he acknowledged that Bitcoin is “not a bad asset,” he cautioned investors against allocating a large portion of their portfolios to it. Fink also revealed that roughly half of BlackRock’s Bitcoin ETF demand came from retail investors, with 75% of them never having owned an iShares product before, highlighting growing mainstream crypto adoption.

Bhutan is migrating its national digital identity system from Polygon to Ethereum, covering about 800,000 residents. The integration with Ethereum is already complete, and the full migration is expected by Q1 2026. Ethereum Foundation Chair Aya Miyaguchi and co-founder Vitalik Buterin attended the launch event. Miyaguchi described it as the world’s first national-level Ethereum identity integration, marking a major milestone in blockchain-based digital governance.

Binance has announced its 52nd HODLer Airdrop project, Enso (ENSO). Spot trading for ENSO will begin on October 14, 2025, at 17:00 (UTC+8) with pairs including ENSO/USDT, ENSO/USDC, ENSO/BNB, ENSO/FDUSD, and ENSO/TRY. Enso is a unified network designed to connect all social and DeFi ecosystems, offering users seamless interaction and interoperability across multiple blockchain platforms.

Coinbase executive Conor Grogan revealed that $200,000 worth of BNB donated by Binance and crypto users in 2018 to Malta’s terminal cancer fund remains untouched. The donation, now valued at around $39 million, is still accessible but unclaimed. Grogan urged Maltese citizens to notify their government about the funds, emphasizing that the charity wallet is active and the substantial amount could still be used to support cancer patients in need.

According to DeFiLlama, after the October 11 flash crash, Perp DEX open interest plunged from $26 billion to below $14 billion. However, DeFi activity soared—lending protocols earned over $20 million in fees, hitting an all-time high, while DEX weekly trading volume reached a record $177 billion. Total borrowing across cross-chain lending protocols slipped under $50 billion for the first time since August, and stETH APY briefly jumped above 7%.

Silver prices skyrocketed over $2 today, climbing above $52, with December futures trading at $50.40. The market remains in backwardation, signaling tight supply and rising demand. According to economist Peter Schiff, short sellers are now in serious trouble and may soon scramble to cover their positions, potentially triggering further price spikes. The rally has also raised concerns about possible counterparty risks in the market as volatility intensifies.