Crypto Markets & On-Chain Ecosystem Developments

Stablecoin payments infrastructure provider Rain filed an application on Monday with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank, a national trust bank to be headquartered in New York. The proposed bank would provide fiduciary custody of digital assets a

According to Virtuals Protocol, the AI-powered crypto investment app Virtuals App entered closed beta testing on October 6. The app integrates personal AI, an embedded wallet, and market access, allowing users to discuss investment ideas in group chats, research assets, and execute trades. The iOS c

LIT's price plummeted 62.56% in just one hour, falling from a recent high of $0.36976 to $0.136472, amid heightened selling pressure across the crypto market. The token's market cap now stands at approximately $6.16 million, with a 24-hour trading volume of $24,375. The sharp decline raises

According to a Capital Market Research Institute report released on September 22, perpetual futures linked to South Korean stocks including SK Hynix surged to $176 billion in cumulative trading volume from February to August across 11 offshore digital asset exchanges. SK Hynix-linked products

Crypto exchange OKX has launched OKX Money, a stablecoin savings and payments app in parts of Latin America, Africa, South Asia, and the Middle East, offering qualifying customers an annual percentage yield of up to 10% on eligible USDG balances. The app allows users to fund accounts using more

Gate News bot message: Gate market data shows ETH breaking above 2700 USDT, with the current price at 2700.01 USDT.

According to ChainCatcher, crypto analyst Darkfost stated that Bitcoin's Bull Score Index currently sits at 80/100, remaining in a clear bullish zone with multiple indicators supporting further BTC upside. However, Darkfost noted that spot demand lags, observing that spot trading volumes remain

TOKEN2049 Singapore 2026 kicks off October 7-8 at Marina Bay Sands, expected to draw around 25,000 attendees from over 7,000 companies. The event will feature more than 500 exhibitors and 300 speakers. Bitcoin's recent climb to approximately $86,000 from roughly $58,000 in late June marks the

According to Foresight News, stablecoin payments platform Rain and payment infrastructure company Modern Treasury have separately applied to the U.S. Office of the Comptroller of the Currency (OCC) for national trust bank

The SEC is encountering obstacles regarding the Clarity Act, according to commentator Nate Geraci. Politicians have expressed reluctance to advance the legislation due to concerns over its ethics language and the need to protect large banking interests. This situation could delay regulatory

According to XRPL Korea, Ripple announced on October 3 at the XRP Seoul 2026 conference that it will use XRP as collateral to facilitate customer payment liquidity. Ripple President Monica Long stated the company is running credit-related pilots with a target activation in 2027. The event also

According to RootData, Unitas (UP) will unlock approximately 24.38 million tokens worth $5.61 million on October 13 at 12:00 AM Beijing time.

EDU's price dropped 10.03% within the last hour, falling to $0.0574 from $0.0638 amid selling pressure across the crypto market. The decline occurred as 24-hour trading volume surged to $5,994,761.2, reflecting heightened trader activity. Despite the sharp hourly drop, EDU remains up 8.30% over the

EDU's price fell sharply by 10.03% within the last hour today, dropping from $0.0638 to $0.0574. The sudden decline has coincided with a surge in trading activity, with 24-hour trading volume reaching $5,994,761.2. Despite the recent dip, EDU recorded an 8.30% gain over the past 24 hours, with the t

According to Odaily, Lighter repurchased 597,200 LIT tokens in September, bringing cumulative buybacks since TGE to 18.15 million LIT, representing 7.26% of circulating supply. The platform recorded 56.2 billion dollars in total trading volume and 4.44 million dollars in network revenue for the

According to The Fact, KB Kookmin Card, global digital asset payment infrastructure firm Moneypage, and fintech company Finger signed a partnership today (October 6) to develop collaborative business models for digital asset and stablecoin-based payment services. The

RLC declined 10.09% to $0.697 within the last hour, erasing earlier gains after peaking at $0.782. The sharp downturn reflects shifting market sentiment as traders react to volatility across the broader cryptocurrency market. The coin had recorded a 24-hour gain of 85.92% before the recent decline,