[LIVE] Crypto News Today, October 16 – Crypto Crash Continues as Bitcoin Stuck Below $112K, XRP Price at $2.42; Coinbase Lists BNB: What’s the Next Crypto To Explode?

The crypto crash continued on Wednesday as selling pressure intensified across most sectors. The total crypto market cap fell another 1.2% to $3.78 trillion, with fear levels climbing as the Crypto Fear & Greed Index dropped to 32 (Fear). Amid growing uncertainty, traders are already looking for the next crypto to explode once the market stabilizes.

Bitcoin Bitcoin BTC $110,927.03 1.80% Bitcoin BTC Price $110,927.03 1.80% /24h Volume in 24h $60.34B Price 7d Learn more slipped 1.29% to stay under $112,000, while Ethereum (ETH) dropped 2.6% to around $4,023. Among top altcoins, Solana Solana SOL $193.33 3.41% Solana SOL Price $193.33 3.41% /24h Volume in 24h $8.49B Price 7d Learn more lost 3.9%, and XRP XRP $2.43 3.53% XRP XRP Price $2.43 3.53% /24h Volume in 24h $5.06B Price 7d Learn more declined 2.6%, while BNB BNB $1,182.74 4.64% BNB BNB Price $1,182.74 4.64% /24h Volume in 24h $4.46B Price 7d Learn more  managed a modest 0.6% gain after Coinbase revealed plans to list Binance’s native token for the first time. The announcement caught traders off guard, signaling a surprising truce between two rival exchanges.

Woke up to this. Thanks for the support from industry peers.

Listing a 3rd largest market cap crypto should be a no-brainer. Excellent liquidity, volume and ecosystem. Not listing it is a loss for the exchange themselves. #BNB, keep building! pic.twitter.com/h7SptEBdLS

— CZ BNB (@cz_binance) October 16, 2025

Options market data from Greekslive revealed a sharp uptick in bearish sentiment, with over $1.15 billion in Bitcoin put options traded in 24 hours. Most were positioned around the $104K–$108K range, reflecting growing downside expectations. Meanwhile, the average crypto RSI fell to 43, showing most assets remain oversold but without signs of reversal yet.

EXPLORE: 15+ Upcoming Coinbase Listings to Watch in 2025

The Next Crypto To Explode: AI Tokens Defy the Crypto Crash

While most of the market bleeds red, AI-focused crypto have emerged as rare gainers. The AI sector rose 4.51% in the past 24 hours, led by ChainOpera AI (COAI), which surged another 56.47% after jumping 25% the previous day.

COAI’s wild trajectory has become one of the most talked-about stories of 2025. After a chaotic airdrop launch, the token rocketed from $0.21 to $48 in just 17 days, a 228x rise, before crashing more than 80%. Now, it’s back above $23 with a $4.3B market cap, sparking debates over whether this is manipulation or genuine AI-driven growth.

I don’t know what $COAI is and at this point I’m too afraid to ask

— τop τick crypτo (@toptickcrypto) October 13, 2025

Even with controversy surrounding its tokenomics and transparency, COAI’s rebound shows traders are still hunting for the next crypto to explode — and for now, the AI sector remains the only bright spot amid the ongoing crypto crash.

EXPLORE: Binance $400M Compensation Fund Launched After Flash Crash – New Crypto to Buy To Make It Back?

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According to Financial Times: Trump Family Earns Over $1B in Crypto Ventures, Memecoin Boom, DeFi and Stablecoin Plays

By Fatima

A Financial Times investigation reveals U.S. President Donald Trump and his family raked in more than $1 billion in pre-tax profits over the past year from crypto-related ventures spanning trading cards, meme coins, DeFi, tokens, and stablecoins.

Their crypto empire included the TRUMP and MELANIA coins, which together generated about $427 million in sales and transaction fees. In parallel, the World Liberty Financial (WLFI) token sales brought in around $550 million. Their USD1 stablecoin also recorded a massive $2.71 billion in sales during this period.

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