Category: crypto

Ethereum co-founder Vitalik Buterin sold 275 trillion CAT tokens for $14,216 on Lifi Diamond, continuing his trend of offloading unsolicited memecoins sent to his wallet. He also received SPURDO and TWOGE tokens this week. The broader crypto market remains bearish, with Ethereum trading below $4,000 and $812 million liquidated in 24 hours.

SpaceX has transferred 281 BTC, worth $31.28 million, to a new wallet on October 30, marking its third major Bitcoin move in ten days. The total October movements amount to over $432 million, suggesting internal restructuring rather than selling activity. The assets remain in cold storage rather than being liquidated.

The crypto market saw $825 million in liquidations in the past 24 hours, mainly from long positions. Altcoins like Bitcoin and Ethereum dropped in value, leading to a 1.6% decrease in the market cap to $3.8 trillion. The crash was driven by post-Fed rate cut uncertainty, excessive leverage, and fading investor momentum despite new ETF…

Binance Wallet has partnered with Bubblemaps to provide on-chain analytics to its non-custodial Web3 Wallet users. Bubblemaps V2 allows users to visualize token distribution, wallet clusters, and historical token movements. The platform has previously uncovered suspicious activity in high-profile crypto incidents, enhancing transparency for traders.

Brazil’s central bank is considering adding Bitcoin to its official reserves, following a legislative proposal for a $19 billion Bitcoin reserve. This initiative will be discussed at the Central Banking Autumn Meetings in Rio de Janeiro, where other countries like Germany, the Philippines, and Pakistan are also considering Bitcoin as a national reserve asset.

Bank Indonesia plans to issue digital securities backed by government bonds and the digital rupiah, creating a national stablecoin. The move aims to strengthen the rupiah, aligning with the central bank’s pillars. The initiative comes as Indonesia faces record currency lows and follows global trends in stablecoin development.

Avalon Labs has chosen the BNB Chain for the initial launch of its AI-model marketplace and Commercial Rights Tokenization standard. The platform connects GPU owners with developers through a dual-token system. The Commercial Rights Tokenization framework enables enforceable on-chain rights to access and use AI services. Avalon also offers BTCFi products like USDa stablecoin.

Webull has launched crypto futures for altcoins like Solana, XRP, and Dogecoin through a partnership with Coinbase Derivatives. Group President Anthony Denier discusses how institutional and retail demand is driving the surge in crypto futures trading. The platform aims to democratize access to crypto derivatives for investors globally.

Bybit has stopped new user registrations in Japan to comply with the stricter Financial Instruments and Exchange Act regulations. Existing Japanese users are unaffected as the company conducts an internal compliance review. Bybit aims to meet the FSA’s evolving standards, despite sacrificing short-term growth in Japan.

Ondo Finance and Chainlink have partnered to accelerate the adoption of tokenized stocks and ETFs onchain. Chainlink is now the official oracle provider for Ondo’s tokenized assets. This collaboration aims to bring global financial institutions to the blockchain and redefine access to traditional financial instruments onchain.