Crypto Markets & On-Chain Ecosystem Developments

Andreessen Horowitz, Uniswap Labs, and the DeFi Education Fund submitted a letter on October 30 to the Illinois Department of Revenue criticizing draft cryptocurrency tax rules under the Digital Asset Tax Act. The firms argued the rules would effectively ban decentralized finance services by

According to Tyler Evans on Bitcoin Magazine TV on October 30, Bitcoin ETF flows shifted from highly negative to strong accumulation as institutions increase purchases. Evans noted that JPMorgan named Bitcoin its best-performing asset class amid Fed policy shifts and rising bond

According to the U.S. Treasury Department, on October 29, 2026, the agency sanctioned 10 individuals and one entity, including two Russian crypto middlemen, for laundering cryptocurrency proceeds from North Korean fake IT worker schemes that fund weapons of mass destruction programs. Vitold

According to Bitcoin Magazine's BMTV interview published on October 29, Senator Bill Hagerty outlined his vision for expanding the U.S. Strategic Bitcoin Reserve to hold 200,000 BTC, arguing that Bitcoin strengthens dollar dominance rather than threatening it. Hagerty opposed central bank digital

According to Bitcoin Magazine, Google previewed Google Multi-Party Compute, a crypto custody system that splits signing keys across separate environments, at its first digital assets symposium in New York on October 28, 2026. Several financial institutions are currently testing the tool in private p

According to local reports, Itau Unibanco, Brazil's largest private bank, formally registered with the Central Bank of Brazil on October 27 to intermediate and custody crypto assets. The filing comes as the country's licensing deadline approaches on October 29, 2026, requiring all companies that

According to Bitwise Asset Management's 2027 Bitcoin Long-Term Capital Market Assumptions report released on October 28, the firm raised its 2036 base-case price target for bitcoin to $1,599,766 from $1.3 million a year earlier. The forecast implies a 34.3% compound annual growth rate from the

According to Bitcoin Magazine, the BTC hash ribbon recovered on August 26 and has held for 61 consecutive days as of late October 2026. Historically, Bitcoin was higher one year later in six of seven counted recoveries, representing a 72% edge. The 30-day hash rate stands at approximately 1.1 ZH,

According to Galaxy Asset Management's head of research Alex Thorn, Bitcoin's reclaim of its 50-week moving average the week of September 20 signals the bottom is in. Galaxy notes that in the four prior instances when Bitcoin reclaimed the 50-week moving average after spending 20-plus weeks below it

According to Federal Reserve announcement on October 28, the central bank kept its benchmark interest rate unchanged at 3.75% to 4% in a 10-2 vote. Bitcoin price held near $81,000 following the decision, spiking to about $81,700 in the minutes after the announcement before retreating. The two

According to Interfax, the Bank of Russia approved NAUFOR (National Association of Securities Market Participants) as the country's first self-regulatory organization for crypto exchanges and digital depositories on October 29. The registry currently lists 23 crypto exchanges and 8 digital depositor

According to the SEC, on October 30, the agency charged two foreign-operated, Colorado-incorporated companies—BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd.—with running a crypto investment fraud that raised over $130 million from tens of thousands of retail investors. The companies operated a

Gate News bot message: Gate market data shows that PEPE is up 10.12% over the past 24 hours and is currently priced at 0 USDT.

According to COINOTAG, on Friday afternoon (Oct 30), Jupiter Lend's USDC vault displayed only 8.44 USDC available for withdrawal, despite the pool holding approximately 413.7 million USDC. Jupiter Lend is a lending protocol built on

According to Chainlink's official disclosure, the project's reserves increased holdings by 427,577 LINK tokens in October, spending over $5.3 million. The protocol's total LINK holdings now stand at 6,475,076 tokens.