Crypto Markets & On-Chain Ecosystem Developments

Dubai-based startup Utexo plans to relaunch Tether's USDT stablecoin on Bitcoin using the RGB protocol, with a public launch set for November 28 and Lightning Network support expected in the first quarter of 2027. The initiative aims to address speed and privacy concerns that limited Bitcoin's

According to bitcoinist, Dubai-based startup Utexo plans to relaunch Tether's USDT on Bitcoin using the RGB protocol, with a public launch set for November 28. Tether led the project's seed round in March and will deploy its USDT0 protocol. Lightning Network support is expected in the first

According to its announcement today (October 29), Galaxy Digital's subsidiary Galaxy Digital LP submitted an application to the OCC to establish Galaxy National Bank in New York. The application comes 27 days after the Independent Community Bankers of America (ICBA) sued the OCC, challenging its

According to ChainCatcher, Polymarket traders reported significant unauthorized asset transfers on October 29, with multiple users disclosing losses totaling up to $800,000. Trader Car stated that approximately $800,000 was stolen from their account with all positions liquidated, while another user

From 17:30 to 17:45 UTC on October 29, 2026, ETH fell 0.48% over 15 minutes, trading in a range of 2335.19–2353.8 USDT, with an amplitude of 0.79%. The market showed an overall short-term pullback, as the 15-minute RSI retreated from overbought territory and profit-taking was absorbed, while bids still dominated the Order Book (buy/sell volume ratio of 3.51), providing localized support. The primary driver of this move was demand for a technical correction. After the 15-minute RSI entered overbo

Michael Selig, chairman of the US Commodity Futures Trading Commission, announced on October 29 that the practice of setting market rules through enforcement actions is over. Selig made the remarks at LINK: NYC, an event hosted by Chainlink, stating "the era of regulation by enforcement is over."

Polygon Labs recently rolled out its Open Money Stack on Solana, giving businesses a single integration for bank deposits, embedded wallets, cross-network transfers, and payouts. Developers can adopt the full toolkit or select individual components without rebuilding on Solana. Fintech company

On October 29, 2026, from 17:00 to 17:15 UTC, BTC fell 0.37% over 15 minutes, trading in a range of 80,964.1–81,265.5 USDT with an amplitude of 0.37%. It is currently at $81,399.1, still up 1.16% over 24 hours. The order book bid-ask ratio of 60.69 shows bids in control, but absolute depth is limited, and short-term volatility is intensifying. The move was primarily driven by signs of easing in U.S.-Iran tensions. Vance, a senior official on Trump’s team, contacted Tehran to seek negotiations, a

Matt Hougan, chief investment officer at Bitwise, said on October 29 that Hyperliquid's HYPE token still has room to grow despite a 14% rise in price. Hougan described the token's recent rally as "just the beginning," citing low public awareness as the primary growth driver. He stated that 99.9% of

According to COINOTAG, Bitcoin futures open interest reached $54.78 billion on October 29, marking a 1.46% increase over the preceding 24 hours.

The U.S. Treasury Department sanctioned two Russian nationals on October 28 for allegedly converting millions of dollars in cryptocurrency for North Korean IT worker networks. The Office of Foreign Assets Control (OFAC) designated 10 individuals and one entity, targeting financial intermediaries

According to Lookonchain, bitcoin spot ETFs saw net inflows of 1,684 BTC (approximately $135 million) yesterday, while ethereum spot ETFs recorded net outflows of 9,081 ETH (approximately $21.1 million) on the same day.

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) designated 10 individuals and one entity on October 28, targeting Russian and North Korean nationals accused of facilitating cryptocurrency conversions for North Korean IT worker networks. Russian national Ilya Aleksandrovich

According to DTCC's official announcement, the Depository Trust & Clearing Corporation launched a blockchain tokenization service on October 28 covering 34 eligible US securities representing approximately $30 trillion in market value. The service connects the Canton Network and DTCC's private

Approximately $11 billion in Bitcoin options expire Friday on Deribit, a crypto options exchange, with Bitcoin trading near $81,500 a day after the Federal Reserve held interest rates steady at 3.75% to 4% in a 10-2 vote Wednesday. The expiry covers about 135,000 Bitcoin in contracts, roughly one-th

About $11 billion in Bitcoin options covering roughly 135,000 BTC expire tomorrow (Friday, October 30) on Deribit, with Bitcoin trading near $81,500 and approximately 86% of the contracts out of the money.

According to COINOTAG, Meta AI has mapped a scenario in which NEAR Protocol (NEAR) reaches $55-$95 by January 1, 2027, with a stretch target above $140. The model presents the setup as an intentionally extreme scenario built around a hypothetical landmark

According to Glassnode, long-term holders (defined as addresses holding coins for over 155 days) hold approximately 4 million bitcoin purchased at a cost between $85,000 and $118,000, with the majority bought in 2025. The holdings are currently worth roughly $326 billion at bitcoin's present

According to Whale Alert, on October 30 at 00:44 Beijing time, USDC Treasury minted 250 million USDC on the Solana blockchain, valued at approximately $250 million.