Crypto Market Daily Report - Market Analysis & Insights

Fear and Greed Index

78.00% Annual Percentile

46 Neutral

Total Crypto Market Cap

$2.68T

0.37%

Total Market Trading Volume

$71.73B

16.89%

Altcoin Season Index

41.67%

Quarterly Percentile

55 / 100

Total Futures Market Open Interest

1.24B

2.66%

Futures

322.98B

5.46%

Perpetuals

II. Industry Updates

Cryptocurrency Regulatory Trends

Coinbase set an Oct. 30 EEA deadline for non-MiCA stablecoins, auto-converting USDT, DAI and PYUSD to USDC, pressuring regional liquidity.

Utah filed 14 criminal charges against Kalshi's founders; the CFTC sued the state, escalating a federal-versus-state prediction-market jurisdiction fight.

Galaxy applied to the OCC for a national trust bank charter, aiming to unify custody, staking and trading under one federal framework.

Thailand's Supreme Court ruled Bitcoin qualifies as property under criminal law, strengthening theft prosecution and investor-protection confidence in Asia.

Thirty-three of sixty firms opted out of OKXICE tokenization under the SEC exemption, while DTCC launched its regulated tokenized-securities service.

Hyperliquid (HYPE): +14.31% to $91.11 as NYSE owner ICE partners with Trade[XYZ] on Oct 29 to build a CFTC-regulated US perpetual futures venue using Hyperliquid infrastructure, which already processed $650B in volume.

Ethena (ENA): +6.98% to $0.2078 with $497.8M daily volume against $4.96B TVL, riding renewed synthetic-dollar demand and Standard Chartered's $2 price-target coverage for the USDe protocol.

Canton Network (CC): +6.14% to $0.1021 after Canton Foundation granted RedStone 15.8M CC (~$1.52M) on Oct 29 to develop open-source privacy-preserving pricing software for institutional RWA trading.

Smart Money Movements

U.S. spot Bitcoin ETFs recorded $137.33 million in net inflows on October 28, extending a three-day positive streak to roughly $423.66 million, with BlackRock's IBIT absorbing $136.01 million of the total.

Strategy bought zero bitcoin during the October 19-25 week and instead spent $204.9 million repurchasing its STRC preferred shares, while still holding 848,517 BTC at an average cost near $75,446 per coin.

Strive Inc. added 6,182 BTC between October 17 and 23, bringing its treasury to 43,000 coins worth over $1.2 billion after spending roughly $335 million on October purchases funded by a $630 million preferred-share offering.

An unidentified whale sold 1.02 million Solana tokens worth approximately $104.3 million across five days, adding selling pressure as SOL slipped below the $100 level.

Tron founder Justin Sun accumulated about $51.25 million worth of PEPE, equivalent to 2.82% of total supply, over a ten-day period, while dormant whales moved 2.27 trillion PEPE valued near $10.19 million.

Events to Watch

Oct 29 (Thu)

US Q3 GDP, core PCE and weekly jobless claims; ECB rate decision and Lagarde press conference.

Nov 6 (Fri)

Hyperliquid: 180,000 HYPE unlocks ($14.4M), team distribution begins.

Phemex Crypto Market Daily: Crypto Market Daily Report - Market Analysis & Insights (Oct 29)

Table of Contents

II. Industry Updates

Cryptocurrency Regulatory Trends

Coinbase set an Oct. 30 EEA deadline for non-MiCA stablecoins, auto-converting USDT, DAI and PYUSD to USDC, pressuring regional liquidity.

Utah filed 14 criminal charges against Kalshi's founders; the CFTC sued the state, escalating a federal-versus-state prediction-market jurisdiction fight.

Galaxy applied to the OCC for a national trust bank charter, aiming to unify custody, staking and trading under one federal framework.

Thailand's Supreme Court ruled Bitcoin qualifies as property under criminal law, strengthening theft prosecution and investor-protection confidence in Asia.

Thirty-three of sixty firms opted out of OKXICE tokenization under the SEC exemption, while DTCC launched its regulated tokenized-securities service.

Hyperliquid (HYPE): +14.31% to $91.11 as NYSE owner ICE partners with Trade[XYZ] on Oct 29 to build a CFTC-regulated US perpetual futures venue using Hyperliquid infrastructure, which already processed $650B in volume.

Ethena (ENA): +6.98% to $0.2078 with $497.8M daily volume against $4.96B TVL, riding renewed synthetic-dollar demand and Standard Chartered's $2 price-target coverage for the USDe protocol.

Canton Network (CC): +6.14% to $0.1021 after Canton Foundation granted RedStone 15.8M CC (~$1.52M) on Oct 29 to develop open-source privacy-preserving pricing software for institutional RWA trading.

Smart Money Movements

U.S. spot Bitcoin ETFs recorded $137.33 million in net inflows on October 28, extending a three-day positive streak to roughly $423.66 million, with BlackRock's IBIT absorbing $136.01 million of the total.

Strategy bought zero bitcoin during the October 19-25 week and instead spent $204.9 million repurchasing its STRC preferred shares, while still holding 848,517 BTC at an average cost near $75,446 per coin.

Strive Inc. added 6,182 BTC between October 17 and 23, bringing its treasury to 43,000 coins worth over $1.2 billion after spending roughly $335 million on October purchases funded by a $630 million preferred-share offering.

An unidentified whale sold 1.02 million Solana tokens worth approximately $104.3 million across five days, adding selling pressure as SOL slipped below the $100 level.

Tron founder Justin Sun accumulated about $51.25 million worth of PEPE, equivalent to 2.82% of total supply, over a ten-day period, while dormant whales moved 2.27 trillion PEPE valued near $10.19 million.

Events to Watch

Oct 29 (Thu)

Nov 6 (Fri)

Table of Contents

II. Industry Updates

Cryptocurrency Regulatory Trends

Coinbase set an Oct. 30 EEA deadline for non-MiCA stablecoins, auto-converting USDT, DAI and PYUSD to USDC, pressuring regional liquidity.

Utah filed 14 criminal charges against Kalshi's founders; the CFTC sued the state, escalating a federal-versus-state prediction-market jurisdiction fight.

Galaxy applied to the OCC for a national trust bank charter, aiming to unify custody, staking and trading under one federal framework.

Thailand's Supreme Court ruled Bitcoin qualifies as property under criminal law, strengthening theft prosecution and investor-protection confidence in Asia.

Thirty-three of sixty firms opted out of OKXICE tokenization under the SEC exemption, while DTCC launched its regulated tokenized-securities service.

Trending Tokens

Hyperliquid (HYPE): +14.31% to $91.11 as NYSE owner ICE partners with Trade[XYZ] on Oct 29 to build a CFTC-regulated US perpetual futures venue using Hyperliquid infrastructure, which already processed $650B in volume.

Ethena (ENA): +6.98% to $0.2078 with $497.8M daily volume against $4.96B TVL, riding renewed synthetic-dollar demand and Standard Chartered's $2 price-target coverage for the USDe protocol.

Canton Network (CC): +6.14% to $0.1021 after Canton Foundation granted RedStone 15.8M CC (~$1.52M) on Oct 29 to develop open-source privacy-preserving pricing software for institutional RWA trading.

Smart Money Movements

U.S. spot Bitcoin ETFs recorded $137.33 million in net inflows on October 28, extending a three-day positive streak to roughly $423.66 million, with BlackRock's IBIT absorbing $136.01 million of the total.

Strategy bought zero bitcoin during the October 19-25 week and instead spent $204.9 million repurchasing its STRC preferred shares, while still holding 848,517 BTC at an average cost near $75,446 per coin.

Strive Inc. added 6,182 BTC between October 17 and 23, bringing its treasury to 43,000 coins worth over $1.2 billion after spending roughly $335 million on October purchases funded by a $630 million preferred-share offering.

An unidentified whale sold 1.02 million Solana tokens worth approximately $104.3 million across five days, adding selling pressure as SOL slipped below the $100 level.

Tron founder Justin Sun accumulated about $51.25 million worth of PEPE, equivalent to 2.82% of total supply, over a ten-day period, while dormant whales moved 2.27 trillion PEPE valued near $10.19 million.

Events to Watch

Oct 29 (Thu)

Nov 6 (Fri)