Crypto Markets & On-Chain Ecosystem Developments

On-chain analytics platform Lookonchain’s monitoring data shows that Taiwanese entertainer Machi Big Brother (Huang Licheng) sold two Mutant Ape Yacht Club (MAYC) NFTs on Oct. 23 that he had purchased three years ago, receiving 1 ETH for each, for a total loss of 11.63 ETH. The sale was intended to raise funds for more trading on the decentralized exchange Hyperliquid. Lookonchain: Purchase Cost of 13.63 ETH, Total Loss of 11.63 ETH According to Lookonchain’s on-chain tracking records, Machi Big

HSBC launched its Hong Kong dollar-backed stablecoin RedCoin for over 3.3 million PayMe users as of October 23, enabling peer-to-peer transfers and merchant payments without additional account requirements. The full rollout is expected before the weekend. This initiative marks a notable

According to @WuBlockchain, HSBC launched its Hong Kong dollar-backed stablecoin RedCoin today (October 23) to over 3.3 million PayMe users. The stablecoin enables peer-to-peer transfers and merchant payments without additional account requirements. Full availability is expected before the

The Ethereum Foundation has postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for October 26. The decision stems from compatibility concerns related to EIP-8037's new gas accounting changes and their potential impact on existing mainnet smart contracts. The upgrade was

According to PANews, the UK Financial Conduct Authority (FCA) launched two parallel consultations on October 23 to gather industry feedback on DeFi guidelines and its upcoming crypto asset regulatory framework. Submissions are due November 18, with final guidance expected in January 2027. The

According to Glassnode's latest on-chain report, Gate's share of tokenized gold spot trading surged from 0.6% in 2024 to 12% year-to-date in 2026, a 20-fold expansion. The platform contributed 42% of global net open interest growth in tokenized gold perpetual contracts since early 2026, leading

According to ChainCatcher, the UK Financial Conduct Authority (FCA) launched two parallel consultations on November 18, 2026, to solicit industry feedback on DeFi and its forthcoming crypto asset regulatory framework. The first consultation targets FCA-regulated firms using or facilitating access to

From 02:00 to 03:00 UTC on October 23, 2026, ETH posted a return of +0.09%, with a price range of 2389.09 to 2396.85 USDT and an amplitude of 0.32%. Although the short-term decline was limited, overall market volatility increased, and both technical and liquidity signals point to short-term pressure. The main drivers of this move were short-term technical weakness and localized selling pressure in the order book. The 1-hour ADX reading was 33.90, indicating a clear bearish trend, while the 4-hou

From 02:00 to 03:00 (UTC) on October 23, 2026, BTC edged up 0.07% during the hour, trading between 81,241.7 and 81,462.4 USDT, with an amplitude of just 0.27%, indicating overall range-bound consolidation. It is currently trading at $81,906.5, down 1.20% over the past 24 hours. Although prices have recovered somewhat in the short term, intraday volatility remains limited and market sentiment is cautious. The move was primarily driven by a surge in energy prices, which fueled inflation concerns a

The XRP Ledger’s fixCleanup340 amendment was originally scheduled to activate on October 23, but the previous day, validator support briefly fell to 26 votes, below the 29-vote activation threshold, triggering a full reset of the entire 14-day approval timer. By 14:46 UTC, support had recovered to 29 votes, starting a new 14-day countdown; as of the latest update, support has risen to 31 votes. How fixCleanup340 activates: 35 validators, an 80% threshold, and 14 consecutive days The XRP Ledger r

According to ChainCatcher, South Korea's Financial Services Commission is researching ways to allow cryptocurrency exchanges to participate in the securities token offering (STO) market. The proposed framework would address market conditions, investor protection, licensing system integration, and co

Gate News bot: According to Gate market data, BTC has broken above 82000 USDT and is currently trading at 82002 USDT.

Gate News, Oct. 23: According to Gate market data, as of publication, AKE (AKEDO) is trading at $0.03152, up 47.46% over the past 24 hours. It hit a high of $0.03375 and a low of $0.02111, with 24-hour trading volume of $13.3863 million. Its current market cap is approximately $719 million. AKEDO is a Vibe Coding game and content creation engine and Launchpad that uses AI agents to make development 100 times more efficient than traditional LLM solutions. The AKEDO platform offers protocol and ga

Pendle has officially launched PendleLoop today, a new feature enabling users to take long positions on tokenized stocks onchain by leveraging Aave markets, according to the official @pendle_fi announcement. The platform offers incentives for users utilizing this feature, positioning itself to

Prediction market operator Underdog has partnered with crypto infrastructure provider Zerohash and plans to launch cryptocurrency and stablecoin deposit features later this year. Users will be able to deposit supported digital assets directly through the app. According to DeFiRate’s 30-day data as of October 21, Underdog’s trading volume was $1.4 billion, up 133% from the previous period. Underdog Announces Partnership with Zerohash to Launch Crypto and Stablecoin Deposits Later This Year Underd

Circle launched Circle Match on October 22, 2026, allowing eligible Circle Mint customers to match USDC minting and redemption demand in hourly auctions. Matched orders on the minting side receive rebates, while the redemption side pays settlement fees under the program’s rules. Circle’s legal terms draw a key distinction: Match determines fees and rebates for matched orders. Eligible Circle Mint customers can match opposing demand in hourly auctions Circle Match works as follows: under the trad