Terminal Finance, supported by Ethena, now holds $280 million that users sent in before trading starts. This ready pool means the order book will begin deep and active, lowering spreads and price impact for traders, market makers, and large investors. If many users pull out at once, depth can vanish quickly, raising the risk of sharp moves.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
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SharpLink, a treasury that handles large amounts of Ethereum for institutions, will send 200 million dollars’ worth of ETH into DeFi projects on Linea. The move injects fresh coins into the chain’s pools and can shift liquidity between ETH and other large holdings. Liquidity providers, market makers, and desks that hedge with futures will feel the effects through potential price moves and changing funding costs.
Galaxy Digital’s stock fell 7% after the company said it will sell $1.15B of bonds that holders can swap for company stock. The deal alters cash needs and the equity risk profile because future conversions add shares and can invite selling. Portfolio and risk managers now have new inputs for hedging and allocation across the stock, options, and bitcoin-linked assets.
Solana (SOL) price is showing weakness despite enthusiasm for its ETF. The altcoin has fallen 2.2% in the last 24 hours, trading near $201. Recent data from Glassnode indicates long-term investors are selling. Meanwhile, Solana price analysis on-chain data points to an over-leveraged market.
The analysis firm Benchmark has doubled its price target for the miner Hut 8, raising it from $36 to $78 dollars this October 28th. This revision is based on the revaluation of the Hut 8 AI and Bitcoin strategy, a hybrid business model. The market is re-rating the business model of the miner, according to Benchmark analysts.
Ottawa has started a fast track process to build clear laws for stablecoins, with details planned around 4 November. The move responds to Washington, where the GENIUS Act became law on 18 July 2025 and will be fully active in January 2027. That U.S. law requires one-for-one backing with safe assets and strict anti-money-laundering checks, drawing money and firms south of the border.
Alibaba showed new Qwen models yet gave no price for XRP, Dogecoin or Solana for November 2025. Traders now lack a clear number from a top system and must look elsewhere for clues. The gap hits hardest for funds that feed model signals into risk engines.
Aptos Token lags behind the rest of the crypto market as traders sit on their hands. The coin drops while most others trade flat or rise because people refuse to buy or sell until a headline or price move tells them what to do. The quiet drains life from smaller coins and leaves order books thin, pressuring futures and options desks first as they try to gauge whether money will rotate back into Aptos or stay in Bitcoin.
Standard Chartered says the next seven days could flip the Bitcoin picture, telling clients the week ahead might act as a market turning point. The bank’s note matters because it spans both macro data and market internals, implying potential shifts in price, liquidity, and derivatives positioning. The warning touches spot holders, futures and options traders, and funds channeling cash into BTC.
Brinc and HELLO Labs have announced a strategic alliance to identify, fund and elevate early-stage web3 startups. The collaboration aims to bring together acceleration experience, media amplification and investor-access under one roof.
