In the past hour, total liquidations across the network reached $39.84 million, with $37.87 million from long positions, with $1.97 million from short positions. BTC liquidation $2.21 million, ETH liquidation $2.81 million.

Huoxun Finance reported on October 22nd that according to Cryptopolitan, asset management company ProShares announced that it will launch a new cryptocurrency ETF tracking the CoinDesk20 Index and has submitted an application to the U.S. Securities and Exchange Commission (SEC) for approval. The new fund, which may be named ProShares CoinDesk Crypto20 ETF, will allow investors to invest in major cryptocurrencies such as Solana, Ethereum, XRP, and Bitcoin. Documents submitted to the SEC emphasize that the ETF is designed to mirror the performance of the CoinDesk20 Index, excluding fees and other expenses. The index does not include wrapped tokens, meme coins, or stablecoins, but instead focuses on cryptocurrencies with large market capitalization and strong liquidity. In addition, the fund plans to establish a subsidiary in the Cayman Islands to manage some derivatives contracts and ensure that these contracts do not exceed 25% of total assets. If approved, it will become one of the first diversified cryptocurrency ETFs in the United States.

According to Huoxun Finance, on October 22, Trump's second son, Eric Trump, revealed in an interview with CoinDesk that he had discussed Bitcoin with MicroStrategy founder Michael Saylor at Mar-a-Lago. Saylor immediately advised him, "Eric, you should mortgage this house. It's debt-free right now. Mortgage it immediately and buy all of it in Bitcoin." Eric Trump jokingly said that Saylor was the kind of person who would suggest "selling your liver and kidneys to buy Bitcoin," adding, "And he might actually be right."

Huoxun Finance reported on October 22nd that Binance Alpha will officially list Turtle (TURTLE). Trading on Alpha will begin at 21:00 (UTC+8) on October 22, 2025. After trading begins, users holding at least 220 Binance Alpha Points will be eligible to claim an airdrop of 200 TURTLE tokens. This airdrop is available on a first-come, first-served basis. The minimum score will automatically decrease by 15 points every hour until the event ends. Please note that claiming the airdrop will cost 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page; otherwise, their claim will be deemed forfeited.

Huoxun Finance reported on October 22nd that the Russian newspaper Izvestia has reported that the Russian Ministry of Finance and the Central Bank of the Russian Federation have reached an agreement to allow the use of cryptocurrencies for payments in foreign trade. Finance Minister Anton Siluanov announced the news on October 21st. Following a strategic meeting on "Improving Economic Efficiency and Ensuring a Fair Business Environment," Siluanov stated, "We believe that this sector should be legalized and its activities regulated by law. Therefore, we will work with the Russian Federal Financial Monitoring Service and other regulatory bodies to ensure and restore order in this area." Siluanov emphasized that using cryptocurrencies for settlements is crucial, as cryptocurrencies can be used not only for payments but also for transferring money abroad. Therefore, Siluanov stated that strengthening regulatory control will be crucial as this market becomes legalized.