Listing Announcement - Binance will list Giggle Fund (GIGGLE) and SynFutures (F) on October 25, 2025, at 14:00 (UTC+8) [1] - Spot trading will open for GIGGLE/USDT, GIGGLE/USDC, GIGGLE/TRY, F/USDT, F/USDC, and F/TRY pairs [1] - Both GIGGLE and F will carry the Seed Tag [1] Project Information - Giggle Fund (GIGGLE) is a BNB Smart Chain-based memecoin focused on charitable causes [1] - SynFutures (F) is a decentralized exchange (DEX) and full-stack financial infrastructure provider [1]

Listing Announcements - Binance will list Giggle Fund (GIGGLE) and SynFutures (F) [1] - Seed Tag will be applied to GIGGLE and F [1]

Market Overview - The crypto market experienced selling pressure, with Bitcoin (BTC) trading at $107,800 and Ether (ETH) at $3,867, both retreating from recent gains [1] - Analysts are evaluating whether the market has formed a "lower high" pattern, which could indicate a continued decline, particularly if Bitcoin falls below the October 17 low of $103,700 [2][5] Derivatives Positioning - The Bitcoin futures market shows a recovery, with open interest rising to $26.06 billion as traders re-engage [4] - The three-month annualized basis remains stable in the neutral-to-bullish range of 5%-6% [4] - Funding rates have shifted back to mostly neutral or positive, indicating a reduction in short-side conviction, with OKX leading this change at a positive rate of 7.51% [4] - The BTC options market is strongly bullish, with an upward sloping implied volatility term structure, suggesting expectations of increased volatility [4] - The 25-delta skew has risen above 11.86%, indicating traders are paying a premium for upside exposure, reflecting confidence in a sustained rally [4] Liquidation Data - Coinglass data indicates $320 million in liquidations over 24 hours, with a 76%-24% split between longs and shorts, led by BTC ($88 million) and ETH ($85 million) [4] - The Binance liquidation heatmap highlights $112,300 as a key liquidation level to monitor [4] Market Movements - South Korean exchanges Upbit and Bithumb listed several lower market cap tokens, leading to significant price increases, such as SynFutures (F) which rose over 50% after its listing [4] - Trading volume for SynFutures increased by 669% to over $200 million [4] - Despite these gains, the broader altcoin market faced declines, with the CoinDesk 80 Index falling 4.5% in the past 24 hours, and several assets like CAKE and ETHFI losing 10% [4]

Core Insights - The crypto market is experiencing significant exchange listings, indicating increased recognition for emerging cryptocurrencies [1] - Major listings are anticipated to enhance liquidity, visibility, and price momentum for listed tokens [1] Exchange Listings - Upbit, South Korea's largest crypto exchange, will list SynFutures (F) with KRW and USDT trading pairs starting October 21 [1] - Bithumb, the second-largest exchange in South Korea, confirmed listings for ZORA and RECALL on October 21, both paired with KRW [3] Market Reactions - The F token surged over 50% in the past 24 hours, with trading volume increasing nearly 500% to around $180 million [2] - Zora's price increased by 6% following its listing announcement, trading around $0.1010, with a market capitalization growth of 125% over the past month [3] - RECALL has not yet reacted to its listing, trading near $0.39 with slight downward movement [4] New Initiatives - Binance announced the launch of its 55th HODLer Airdrop project, Turtle (TURTLE), with trading set to open on October 22 [4] - The Turtle project rewards users for on-chain actions without requiring smart contracts, and includes an airdrop of 15 million TURTLE tokens [5]

Upbit, South Korea’s largest crypto exchange, announced it will list SynFutures (F) with KRW and USDT trading pairs. SynFutures is a decentralized derivatives exchange that enables on-chain perpetual futures trading. Its native token F is used for staking and governance purposes.https://t.co/l6GmPO1QNk ...