Crypto Markets & On-Chain Ecosystem Developments

On Oct. 6, LG CNS launched KITL, a blockchain infrastructure platform designed to help financial institutions develop and operate digital asset services, including stablecoins, tokenized securities and real-world-linked assets. The platform combines four core capabilities: electronic wallets,

According to ChainCatcher, Cardano Foundation has spun off digital identity project Veridian as an independent Swiss company and tokenized most of its 1 million shares on the Cardano blockchain. Veridian became the first company to adopt Cardano's CIP-0113 standard, which enables token issuers to

According to Pyth DAO's official announcement, the decentralized autonomous organization has approved proposal OP-PIP-136, directing all product revenue toward purchasing PYTH tokens on the open market and depositing them into the reserve, up from the previous allocation of one-third of non-PYTH

According to Pyth official blog on October 8, Pyth DAO has approved a '100% rule' directing all DAO-received product revenue toward open-market PYTH token buybacks, replacing the previous mechanism of allocating one-third of non-PYTH treasury reserves monthly. As of end-September, Pyth's annual

Securitize has launched tokenized U.S. stocks on its platform, initially offering tokens tied to Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta, and Amazon, with SpaceX, Palantir, Circle, and Strategy expected to follow. The tokens are backed 1:1 by underlying shares held through Securitize

Greece published a draft bill proposing a 10% tax on cryptocurrency capital gains with a €500 annual exemption, marking the country's first dedicated tax framework for digital assets. The Ministry of National Economy and Finance released the proposal for public consultation until October 22, with

Greece has published a draft law proposing a 10% tax on crypto capital gains, with a €500 annual exemption per individual, following public consultation that runs until October 22. The proposal, released by the Ministry of National Economy and Finance, exempts crypto-to-crypto transactions from

According to ChainCatcher, analyst Darkfost reported on October 8 that Bitcoin short-term holders (STH) transferred over 50,000 BTC to exchanges in the past 24 hours, with over 29,500 BTC transferred at a loss, representing approximately 59% of total inflows. This marks the largest single-day loss-d

According to dRPC, the blockchain infrastructure provider has expanded its data access capabilities to support artificial intelligence agents across more than 100 networks. The service provides signed on-chain data reads, including blockchain state, wallet balances, and transaction histories,

According to Lookonchain, U.S. Bitcoin ETF saw net outflows of 5,461 BTC today (October 8), while Ethereum ETF recorded net outflows of 47,511 ETH over the same period.

First Deputy Chairman of the Bank of Russia Vladimir Chistyukhin stated that the era of anonymous cryptocurrencies is becoming a thing of the past, and investors are no longer seeking “the thrill of crypto that no one controls.” According to him, this trend reflects not only Russian but also international regulatory practices. Cryptocurrency is increasingly being viewed as a means of settlement with fully transparent transactions. After the introduction of a “strict control environment” in Russi

According to on-chain analyst Ai Yi's monitoring, trader 麻吉大哥 sold 4,700 ETH on October 8, realizing a loss of $570,000. The remaining 24,500 ETH in long positions currently face a $3.06 million unrealized loss, with a liquidation price of $2,473.56 and only $38.22 in buffer before liquidation triggers.

According to TD Cowen, the investment bank raised its Bitcoin price forecast to approximately $109,000 by year-end 2026, with an additional projection of $280,000 by 2029. The firm maintained its $260 price target for Microstrategy (MSTR), noting that while higher Bitcoin prices would increase the

Fidelity Investments stated Thursday that financial institutions are moving toward an onchain future with tokenization initiatives. Matthew Horne, head of digital asset strategists at Fidelity, explained during a panel discussion at Longitude Singapore that in the last 18 months, the institutional p

From 13:30 to 13:45 (UTC) on October 8, 2026, ETH/USDT plunged 0.78% over 15 minutes, with its price retreating from 2,539.24 USDT to 2,506.27 USDT and its amplitude reaching 1.30%. As the second-largest Crypto asset by marketcap, ETH is currently quoted at $2,508.47, down 1.94% over 24 hours and approximately 5.65% for the week, having fallen below the $2,600 threshold. The primary driver of this move was six consecutive trading days of net institutional outflows from U.S. spot Ethereum ETFs, w

From 13:30 to 13:45 on October 8, 2026 (UTC), BTC plunged 0.40% within 15 minutes, with its price retreating from 82492.4 USDT to 81777.0 USDT. Ampl reached 0.87%, and the Order Book showed extreme selling pressure. The buy/sell depth ratio was just 0.19, with a large sell wall at $82,699.5 accounting for 95.6% of the top five levels, indicating clear short-term downside pressure. The core drivers of this move were hawkish signals from the FED FOMC meeting minutes, coupled with escalating geopol

According to Matthew Horne, head of digital asset strategists at Fidelity Investments, financial institutions have irreversibly committed to an onchain future through tokenization initiatives during a panel discussion at Longitude Singapore on Thursday. "In the last 18 months, if you look at the

Machi Big Brother, a crypto trader, closed long positions in $HYPE, $BTC, and $PUMP and shifted to Ethereum. He currently holds 29,000 ETH valued at approximately $73.64 million, with a liquidation price set at $2,486.33. The move follows a market downturn and represents a strategic pivot to cut los