USDC’s on-chain transaction volume has officially surpassed that of USDT. This milestone marks a significant shift in stablecoin market dominance. A new report from investment bank JPMorgan attributes this trend to USDC growth due to regulation and increased institutional demand.
Author: chloe
Bitcoin (BTC) price experienced extreme volatility during the session. It briefly tested the $110,000 psychological level on October 30th. However, the gains were quickly erased. Investors chose to “sell the news” following two key global economic announcements. The crypto market reaction to news that was seemingly positive was unexpectedly negative. The catalysts were the interest rate cut by the Federal Reserve and the signing of an expected trade deal between the United States and China.
Following the US Federal Reserve’s recent rate cut, large investors have reacted cautiously. However, on-chain data shows crypto whales accumulating tokens from specific projects. Analysis from Santiment and Nansen reveals significant movements in Cardano (ADA), Ethena (ENA), and Aster (ASTER) in the last 24 hours.
The Ethereum Foundation has opened a site that demonstrates how zero-knowledge proofs hide sensitive data while proving rules were followed. It targets people who build, hold, issue or validate tokens and need to keep certain facts private. The site acts as a library of working code and documents rather than an investment pitch.
World Liberty Financial announced it will distribute WLFI tokens worth $1.2 million. The headline states that the distribution is aimed at supporters of Donald Trump, placing the campaign on sensitive ground. The initiative combines promotional incentives with reputational risks and possible legal implications, also for those who distribute or custody the token.
Deutsche Digital Assets together with Safello have announced the launch of Staked TAO, an exchange-traded product (ETP) that tracks assets with staking rewards. The product is designed for investors seeking to earn staking income in a regulated manner without the need to manage hardware or wallets themselves, and it will be marketed on conventional stock exchanges.
The XRP price under pressure significantly in this last week of October. On-chain data from Glassnode shows an alarming increase in sales by long-term holders. This hodler movement coincides with mixed signals from large whales, creating market uncertainty.
Confidence in Cardano (ADA) is showing signs of weakness. Cardano long-term holders (LTHs) are registering losses for the first time in three months. This situation erases recently obtained gains. Data from the analytics platform Santiment confirms this bearish trend.
The Ethereum (ETH) market is showing a notable Ethereum whale division. In recent hours, on-chain movements reveal diametrically opposed strategies among large holders. An original participant from the 2014 ICO has moved $6 million in ETH to the Kraken exchange. At almost the same time, the institutional firm Bitmine invested an additional $113 million in the asset. This data was highlighted by the on-chain analytics platform Lookonchain.
The Sui Foundation has introduced a comprehensive infrastructure stack designed to bring verifiability, access control and provenance to AI workflows—from data to inference. The announcement positions the Sui Stack as the “trust layer” for the next generation of intelligent systems.
