Crypto Markets & On-Chain Ecosystem Developments

Crypto market analyst Jamie Coutts stated on Oct. 7 that the top 200 crypto assets by market capitalization have risen just 5% since October 2021, effectively stagnant over a five-year period. The underperformance stems from new supply outpacing demand during that timeframe. Coutts noted that

Robinhood added $25 million worth of bitcoin to its balance sheet as the trading platform deepens its crypto push. Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, stated in an exclusive interview on The Starting Block on Wednesday that the

TRON launched TRXS, a regulated product providing market access to TRX with built-in staking capabilities. TRON DAO confirmed the product is designed to give investors regulated participation in the TRX market while offering exposure to the network's stablecoin ecosystem. Separately, TRON DAO

According to Coingecko, Bitcoin fell 1.5% to $84,212 on October 7, while Ethereum dropped 3.0% to $2,617. Middle East tensions triggered by Iran's tanker attacks drove crude oil, U.S. Treasury yields, and the dollar higher, weighing on risk assets. Brent crude rose above $100 per barrel, and the 10-

FIO experienced a 13.11% price decline within a 60-minute period, dropping to $0.0004 from $0.00046. The cryptocurrency's market cap stands at $402,068 with a 24-hour trading volume of $1,948.28. The rapid sell-off occurred amid relatively low trading volume, with market observers noting potential w

Abstract, the Ethereum layer-2 blockchain built by Pudgy Penguins parent company Igloo, announced on 6 October that it will shut down on 15 December. Igloo CEO Luca Netz stated the company lost tens of millions of dollars over two years funding the chain without achieving product-market fit, and

According to TRON DAO on October 6, the network launched TRXS, a regulated product providing market access to TRX with built-in staking capabilities. The product targets institutional and professional investors seeking structured exposure to TRON's native asset while earning network-based

According to market data, FIO dropped 13.11% in the past hour on October 7, now trading at $0.0004 after declining from $0.00046. The asset's 24-hour decline stands at 18.59%, with market capitalization at $402,068 and 24-hour trading

OKX unveiled OKX Money on 6 October at its OKX Now event in Singapore, launching a standalone app that converts deposits in more than 50 currencies into dollar-backed stablecoins for saving, sending, and spending. The app supports Paxos' USDG, Circle's USDC, and Tether's USDT, with free conversion b

UOS cryptocurrency declined 10.44% in one hour to $0.004288, falling from $0.005. The decline occurred amid ongoing volatility in the broader crypto market. Despite the hourly drop, UOS showed a 24-hour gain of 21.46% with trading volume reaching $7,880,710 in the last 24 hours. UOS

World Liberty Financial completed preparations to launch its WLFI app, according to a report by crypto media outlet The Block on X on October 7. Zak Folkman, co-founder and chief operating officer of World Liberty Financial, stated at Token2049 in Singapore that the app is ready for release. The com

According to FinanceFeeds, Aptos Labs has unveiled MonoMove, an upgrade to its Move smart-contract execution architecture that delivered performance improvements of up to 55 times in testing. The upgrade restructures parts of the execution process to reduce computational work when running Move

According to ChainCatcher, Stacks founder Muneeb Ali recently outlined five key priorities following his return as Stacks Labs CEO, including expanding institutional business development, simplifying management structure, releasing a two-year roadmap, strengthening communication with major STX