Crypto Markets & On-Chain Ecosystem Developments

According to Bitcoinist, on October 28, Grant Cardone challenged venture capitalist Jason Calacanis with a proposed $1 million wager that Bitcoin will reach at least $126,210.50 by October 28, 2028. The challenge follows Calacanis' October 27 prediction that Bitcoin will never surpass its previous a

From 15:30 to 15:45 UTC on October 29, 2026, ETH saw a short-term move, with a 15-minute return of +0.43%, trading between 2357.41 and 2369.96 USDT, for an amplitude of 0.53%. The current offer is $2357.8, up 0.97% over 24 hours, but the overall technical signal remains bearish. Asks dominate the overall order book, with a bid-ask ratio of just 0.39. Ask-side volume across the top five levels is 2.0302, far exceeding bid-side volume of 0.7870. The main drivers of this move were two technical sec

From 15:30 to 15:45 on October 29, 2026 (UTC), BTC rose rapidly over 15 minutes, with a return of +0.38%, a price range of 81429.0-81776.9 USDT, and an amplitude of 0.43%. It is currently trading at $81,454.7, up 1.03% over 24 hours. Market volatility has increased, but volume has not expanded noticeably, and price action shows typical short-term impulse characteristics in a low-liquidity environment. The main driver of this move was a localized imbalance in buying pressure amid a shallow Order

According to the Optimism governance forum, the Optimism Foundation has proposed returning a portion of sequencer fees to ecosystem partners that drive key business activity on OP Mainnet. The rebate funds will come from ETH transaction fee revenues generated by the relevant transactions, not OP

According to glassnode founder Rafael, Bitcoin is currently in the drawdown window approximately 13 months after the cycle top, but the retracement magnitude is notably smaller than previous cycles. The retracements 13 months post-peak were 71.0% in 2013, 79.5% in 2017, and 74.6% in 2021, compared t

According to quantum computing firm Alice & Bob, a fault-tolerant quantum computer with approximately 29,588 physical qubits could break Bitcoin's 256-bit elliptic curve encryption in about 61.8 minutes, based on the company's theoretical resource estimates. The research also estimates that 22,593 p

Arbitrum recorded a sharp increase in blockchain activity, with daily active addresses reaching approximately 1.09 million on October 28, marking the highest level in 30 days. The surge comes as Ethereum's Layer 2 networks continue competing for users and decentralized applications. According to

According to growthepie's Arbitrum analytics dashboard, Arbitrum's daily active addresses reached approximately 1.09 million on October 28, marking their highest level in 30 days. The figure represents a 90.3% increase compared with the previous week. However, transaction activity rose only 29.3% to

Ethereum traded around $2,320 on October 29, declining approximately 2% over 24 hours as the cryptocurrency struggled to regain momentum following a broader market selloff. US spot Ethereum exchange-traded funds recorded approximately $21.4 million in net withdrawals on October 28, marking the

According to ChainCatcher, France's Senate passed a bill on Tuesday authorizing tax authorities to automatically exchange cryptocurrency transaction data with other nations. The bill, designated as No. 3421, has completed its first reading and was submitted to the National Assembly for review. The l

According to CoinDesk, Polymarket launched 5-minute cryptocurrency price prediction contracts on its CFTC-regulated U.S. platform on October 29. The platform, operated by QCX LLC, allows traders to bet whether Bitcoin, Ethereum, Solana, and XRP will close above or below their starting price within f

Tether is bringing its USDT stablecoin back to the Bitcoin network, emphasizing transaction privacy and faster payments through the Lightning Network, Cointelegraph reported on October 29. The move aims to broaden stablecoin use by leveraging Bitcoin's infrastructure for enhanced privacy

According to Jin10, prediction market platform Polymarket is investigating a series of well-timed, profitable trades placed during Israel's election this week. Hundreds of new accounts placed bets on Netanyahu and his Likud party winning ahead of Tuesday's polling close. These positions quickly

From 14:30 to 14:45 on October 29, 2026 (UTC), ETH staged a short-term rebound, rising 0.75% over 15 minutes. It traded between 2328.86 and 2353.31 USDT, with an amplitude of 1.05%. It is currently at $2347.26, up 0.51% over 24 hours. Market volatility was limited, but thin order book liquidity drew attention. The move may have been driven by a short-term price recovery amid a weak trend. Overall technical signals remain bearish, and asks in the top five levels clearly outweigh bids, with 2.5235

According to COINOTAG, over the past 24 hours, 17.83 million DOGE in leveraged long positions was liquidated amid a market-wide selloff. The liquidations hit almost entirely on the long side of the DOGE derivatives

According to Cysic's official announcement, the platform has fully resumed its cross-chain bridge service following a prior security incident. Users can now transfer CYS between Cysic mainnet and other supported blockchains. Cysic permanently burned 7,200,002 CYS on BNB Smart Chain, with the

According to Singapore Police, on October 29, Ledger hardware wallets distributed through local retailers in Singapore containing malicious components have caused approximately SGD 3.5 million in losses. Police received at least two cases starting from September 10, in which buyers of the