Oct 17, 2026 · 5 min listen · Last updated October 17, 2026
From storyflo. This is your daily audio brief. Dex here — October 17th. Five that moved the crypto tape overnight. Here's the first. Let's get into it. First, from Cryptobriefing. 68 million. The significant outflows from Bitcoin and Ethereum ETFs indicate a cautious investor sentiment, potentially signaling a broader market risk aversion.
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Daily Crypto Brief · October 17th
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Bitcoin ETFs post $82.39 million in net outflows as Ethereum funds shed $69.68 million
The significant outflows from Bitcoin and Ethereum ETFs indicate a cautious investor sentiment, potentially signaling a broader market risk aversion. The post Bitcoin ETFs post $82.39 million in net outflows as Ethereum funds shed $69.68 million appeared first on Crypto Briefing.
BlackRock sells $71.78 million in Bitcoin as ETF redemptions pile up
Institutional sentiment shifts, impacting Bitcoin's market dynamics and highlighting the influence of ETF flows on cryptocurrency valuations. The post BlackRock sells $71.78 million in Bitcoin as ETF redemptions pile up appeared first on Crypto Briefing.
Taiwan Cuts Off Coinbase and Kalshi Weeks Before Local Vote: Report
Coinbase and Kalshi are now blocked in Taiwan, with users reporting access issues since October 14. This move comes just weeks before the local elections on November 28, marking the first major electoral event since President Lai Ching-te took office. A New Taipei court authorized the block due to suspicions that the platforms might violate Taiwan’s Public Officials Election and Recall Act, which prohibits profit-driven gambling tied to election outcomes.
The Criminal Investigations Bureau is concerned about maintaining election integrity and preventing potential overseas interference, although no direct accusations have been made against either company regarding funds from mainland China. This heightened scrutiny reflects Taiwan's strict stance on election wagering, with penalties that can include prison time for bettors and significant sentences for operators.
Interestingly, Kalshi has stated it does not allow trading in Taiwan, while Coinbase is currently looking into the access issues. The crackdown isn't isolated to Taiwan; South Korean authorities are also taking action against Polymarket users, highlighting a broader trend of legal pressure on platforms involved in political betting.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports Bitcoin — link in show notes.
Visa and Mastercard adopt USDC payouts across 200 countries
Visa is rolling out USDC payouts through its Inyo platform, while Mastercard is doing something similar with its BVNK platform. Both moves are aimed at giving businesses a way to access stablecoin funding across 200 countries. It's a significant step for mainstream financial institutions to embrace crypto, especially stablecoins, as they look to streamline cross-border transactions.
This is more than just a tech upgrade; it signals a growing acceptance of digital currencies in everyday business operations. Companies now have more options for managing payments, which could lead to increased adoption of cryptocurrencies in general.
Keep an eye on how this impacts liquidity and transaction speeds in the crypto space. It’s a clear indication that traditional finance is starting to integrate with blockchain tech, and we might see more partnerships like this in the future.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports USDC — link in show notes.
Dogecoin (DOGE), Shiba Inu (SHIB), Uniswap (UNI) and Ethereum (ETH) Price Analysis For October 17: Unexpected Recovery Is Here
Ethereum is at $2,455, just under resistance at $2,490, with strong support around $2,310. It bounced back from a dip earlier this week, indicating active buying interest. A daily close above $2,490 could pave the way to $2,600, while a drop below $2,310 might signal a deeper decline toward $2,100.
Uniswap is trading at $7.39, caught in a tight range between $6.80 and $7.85. It needs to close above $7.85 to signal a bullish shift, but if it falls below $6.80, it could quickly drop toward $6.25.
Dogecoin is hanging around $0.0816, trying to hold above $0.0800 after a rough October start. A close below that level could lead to further declines, while a push above $0.0860 would signal a potential trend change.
Shiba Inu is at $0.00000514, with $0.00000500 being a critical support level. If it breaks below that, it could drop to $0.00000475. On the upside, it needs to clear $0.00000528 to regain momentum.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports ETH — link in show notes.
Raoul Pal Holds Bitcoin, Solana and Ethereum, but Calls One Wildly Undervalued
Raoul Pal, CEO of Real Vision, is calling Ethereum wildly undervalued while still holding Bitcoin, Solana, and Sui. He argues that the market hasn't priced in the risks of Ethereum going offline, which could wipe out $1 trillion to $1.5 trillion in value, affecting stablecoins and DeFi significantly. His strategy involves buying assets when they fall two standard deviations below their long-term trends, a method he's stuck to for two years now.
Pal also sees a potential $10 trillion crypto market in the next 18 to 24 months, driven by rising stablecoin supply and institutional interest in on-chain assets. He believes Bitcoin is still undervalued against tech stocks but warns that weak liquidity might slow its rally. The key takeaway? Focus on long-term network value rather than short-term fluctuations.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports Ethereum — link in show notes.