according to on-chain analyst @ai_9684xtpa monitoring, a whale with a 100% success rate reduced its position by 3,400 ETH in one go, worth $13.67 million, with a profit of $186,000 for that portion.

Matrixport released a chart today, stating, "The latest round of the 'mini altcoin season' has cooled off, with market preferences shifting back to Bitcoin. The Bitcoin dominance rate had previously dropped to a phase low of about 56.8%, but has now risen to 59.5%, showing a gradual upward trend. In this round of the market, the BTC dominance ratio is rising; this phenomenon may be related to the increased participation of institutions and the concentration of funds in assets with higher liquidity and clearer compliance.

 HSBC: the rise of gold will continue into the new year, and prices will peak in the first half of 2026. 

On October 28th, The Kobeissi Letter posted on X platform that since 2024, SPAC (Special Purpose Acquisition Company) founders have raised over $24 billion, surpassing the total from the previous two years. 2025 is expected to be the strongest year for SPAC performance since 2021. Recently, most SPAC transactions have been concentrated in the nuclear energy, quantum computing, and cryptocurrency industries.

 according to Onchain Lens monitoring, a newly created wallet (0xe30...d7a7) withdrew 5.3 million USDT from Aster in the past 15 hours, and spent 3.2 million USDT to buy 2.94 million ASTER at a unit price of 1.09 US dollars. The wallet currently still holds 2 million USDT.

 the US Canary HBARETF (stock code HBR) and Canary LitecoinETF (stock code LTCC) are listed on Nasdaq, both being the first US spot ETF for this currency. In terms of asset size on the first day of listing, it is far smaller than the $290 million asset size of the Solana spot ETF listed on the same day, which is lower than market expectations.

the Korean News Agency reported that the digital asset infrastructure company BDACS announced plans to issue the Korean won stablecoin KRW1 on Circle's new blockchain Arc.

7:00-12:00 Keywords: Visa, WLFI, Truth Social, Australia

On October 29th, according to 4E observation, the US listed company ZOOZ Strategy Ltd. (ZOOZ) increased its holdings by purchasing 94 bitcoins at an average price of $11.2 million per coin, with a total holding of 1036 coins and a total value of approximately $1.15 billion, continuing its bitcoin reserve strategy. On-chain data shows that a suspected Bitmine address received 27,316 ETH (approximately $1.09 billion) from BitGo, the largest single deposit for this institution in recent months. Grayscale Solana Trust ETF (GSOL) officially listed on the New York Stock Exchange Arca today, becoming the second Solana ETF of the week, providing direct exposure and potential staking rewards for US stock investors. Meanwhile, the bitcoin financial company Sequans was found to have transferred 970 BTC to a Coinbase address, possibly for its first sale.

President Trump said he will not let the Federal Reserve raise interest rates. 

according to Trader T monitoring, the net inflow of the US spot Bitcoin ETF was 202.03 million US dollars yesterday.

 according to Trader T monitoring, the net inflow of the US spot Ethereum ETF was 244.38 million US dollars yesterday.

 according to on-chain analyst TheDataNerd (@OnchainDataNerd), 1 hour ago, the new whale address 0x617 withdrew 30,620 LINK from Binance, worth approximately $550,000.

Bitwise's European research director, André Dragosch, stated in a post on the 28th that Bitcoin is being distributed from early retail investors to institutional investors such as funds/ETPs, companies, and governments. Unlike other traditional asset categories in history, the adoption of Bitcoin started with retail investors such as cypherpunks and early adopters, followed by family offices, fund managers, ETFs, and other institutional investors making their first investments in Bitcoin. Even today, individual investors still hold about 66% of the BTC. This means that the vast majority of Bitcoin is still controlled by non-institutional investors, and in terms of institutional adoption, "we are still in the early stages." Nevertheless, there is currently a large-scale shift of BTC from retail to institutional investors happening. Institutional investors (ETPs and treasury companies) currently hold about 12.5% of the BTC supply, and this number is rapidly increasing. This shift is not something that can be achieved overnight, it is a long-term trend. And this "big shift" ultimately means that the price of BTC needs to be higher to incentivize BTC to move from early retail investors to institutional investors.

 according to TraderT monitoring, the net inflow of 202.03 million US dollars in the US spot Ethereum ETF yesterday.

 according to official sources, Perp DEX platform StandX announced the launch of a Market Making program. Currently, the application form for this program is open, aiming to provide discounted fees and token rewards to eligible market makers.

OpenSea released the tokens with the largest price increase in the past 24 hours:

Lee Chang-yong, the Governor of the Bank of Korea (central bank), stated, "If a stablecoin linked to the Korean won is introduced hastily, I would be very concerned about exchange rate fluctuations in the foreign exchange market and capital outflow issues." Governor Lee pointed out during a National Assembly Planning and Finance Committee audit, "Many people may take the stablecoin linked to the Korean won overseas, which is indeed worrisome." He also emphasized, "It is important to first conduct pilot projects with banks at the core, and then gradually expand the scope of promotion after achieving good control over capital outflows." He reiterated his concerns, stating, "From the perspective of the authorities responsible for foreign exchange management, this issue is of great concern. If a stablecoin linked to the Korean won is introduced, there is a high possibility of bypassing foreign exchange controls." In response to the opinion expressed by Democratic Party of Korea lawmaker Ahn Dae-je, who supports the introduction of a stablecoin linked to the Korean won, Governor Lee clearly expressed a different stance, saying "My opinion is completely different from yours." At the same time, he pointed out, "I do not believe that introducing a stablecoin linked to the Korean won will reduce the demand for stablecoins linked to the US dollar, as those who want to convert their assets into dollars will still choose to use stablecoins linked to the US dollar." He also added, "Although it may be premature to think that stablecoins linked to the US dollar will dominate the Korean won payment market, due to the significant increase in their future usage, further efforts are needed to improve related regulatory measures."

 the digital asset infrastructure company BDACS announced on the 29th that it plans to issue the Korean won stablecoin "KRW1" on the new blockchain "Arc" of the global financial technology company Circle. To advance this project, BDACS has signed a memorandum of understanding with Circle and established a collaborative mechanism. In addition, BDACS completed the trademark registration of "KRW1" in December 2023.

according to OnchainLens monitoring, a certain early Bitcoin holder (OG) once again deposited 200 BTC into the Kraken exchange, worth $22.52 million. In the past two weeks, this holder has deposited a total of 5,803 BTC into Kraken, with a total value of $649.6 million.