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.

Joe Burnett, strategic director of the Bitcoin treasury company Semler Scientific, stated on the X platform, "Compared to the B- credit ratings of MSTR and JBLU, we are gradually realizing that the pace of Bitcoin integrating into the traditional credit system is still in its early stages.

 U.S. President Trump admitted on Wednesday that although he has repeatedly mentioned the idea of running for re-election in the past few months, the Constitution clearly does not allow him to seek a third presidential term. Trump told reporters on Air Force One, "If you read the Constitution carefully, you will find it very clear that I cannot run," he added, "sadly," he currently has a high level of political support. Before Trump made the above remarks, U.S. House Speaker Johnson said on Tuesday that he did not see a "path" for Trump to seek a third term. (Golden Finance)

 Bubblemaps revealed witch attack activity in the MEGA token presale of MegaETH. It is reported that the presale rules of MegaETH clearly stipulate that each user is limited to 1 wallet, the maximum bid amount is 186,000 USD, and identity verification must be completed through the Echo platform. Bubblemaps found about 20 entities using multiple associated wallets to exceed the limit of 186,000 USD. One typical case shows that wallet address 0x9f5c obtained funds through Kraken a day ago, then dispersed the funds to 3 new wallets, using a total of 4 addresses to reach 600,000 USD, which is 3 times the allowed allocation quota.

 during the Trump administration, the growth rate of USDC exceeded that of USDT. The Trump administration clearly expressed its support for stablecoins, and the market value of the two major stablecoins—USDC issued by Circle and USDT issued by Tether—both increased.

 Metaplanet Inc. announced on X platform that it plans to hold an extraordinary shareholders' meeting on December 22, with the shareholders attending based on the shareholding registration date of October 31. Today (October 29) is the last trading day for shares with attached voting rights.

according to Cointelegraph, Truth Social, owned by Trump, will partner with Crypto.com to launch the world's first social media prediction market platform.

according to CCTV News, on October 28th local time, the U.S. Senate failed to pass a procedural vote once again with a vote of 54 to 45, to advance the "Fiscal Year 2025 Continuing Appropriations and Extension Act" aimed at ending the government shutdown. The bill, passed by the House of Representatives, proposes to temporarily restore government operations at current funding levels and requires 60 votes in the Senate to advance. This is the 13th vote on the bill, and it still has not reached the required threshold, meaning the government shutdown will continue.

 according to SolanaFloor, Bitwise's spot Solana exchange-traded fund (ETF) BSOL recorded a net inflow of $69.5 million on the first day, nearly 480% higher than the $12 million inflow on the first day of SSK.