🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Initia L1 and Rollups Resume Normal Operations

Initia L1 and Rollups Resume Normal Operations

Initia L1 and its Rollups have resumed operations and are running normally. According to Odaily, cross-chain bridges and trading platforms are expected to resume transfers later today. LayerZero OFT assets WETH and AUSD0 will have a 24-hour withdrawal processing period, while Noble USDC withdrawals …

Machi Big Brother Closes HYPE Longs as 25x Ethereum Position Turns Slightly Profitable

Machi Big Brother Closes HYPE Longs as 25x Ethereum Position Turns Slightly Profitable

Machi Big Brother has closed his entire 10x leveraged long position of 11,000 HYPE tokens, while his 25x leveraged Ethereum long position has moved into slight profit. According to Odaily, HyperBot data showed the HYPE position was closed at a loss of about $31,600, and the Ethereum position had gro…

Cosmos Prepares ATOM Tokenomics Review With Separate Governance Proposals

Cosmos Prepares ATOM Tokenomics Review With Separate Governance Proposals

TL;DR: Cosmos contributors say tokenomics research has reached the preparation stage for public review. Proposed changes will be discussed individually, rather than treated as an already approved redesign.Cosmos contributors have outlined the next stage of work on ATOM’s economics and the Hub’s prod…

Address Reverses From SKHX Short to $3.37 Million Long, With $31.92 Million in Total Profit

Address Reverses From SKHX Short to $3.37 Million Long, With $31.92 Million in Total Profit

A wallet address closed about $720,000 in SKHX short positions and opened roughly $3.38 million in SKHX longs, while also closing about $788 in long positions. According to Odaily, the address held an SKHX long position worth about $3.05 million after the trades, and its derivatives account had cumu…

Can Republicans Flip Senate Swing States in the Midterms? Crypto Bettors Assign Odds

Can Republicans Flip Senate Swing States in the Midterms? Crypto Bettors Assign Odds

Cryptocurrency punters are assigning higher odds to Republicans failing to win any swing states in the upcoming midterms on Tuesday.Tough Road Ahead for Republicans?Betting crowd on Polygon -based Polymarket sees a 32% chance that no Republican candidates win in the swing states, down from 50% a wee…

Treehouse Community Opens Vote on Proposal to Strengthen TREE Token Security

Treehouse Community Opens Vote on Proposal to Strengthen TREE Token Security

The Treehouse community has opened a vote on a proposal to strengthen TREE token security through risk controls, with voting set to end November 4. According to Foresight News, the proposal seeks DAO approval to upgrade the TREE token contract and add a blacklist feature that could restrict specific…

Scroll Launches Holdings Checker Ahead of Network Transition

Scroll Launches Holdings Checker Ahead of Network Transition

Scroll said users can use its holdings checker to review token and DeFi positions ahead of an upcoming network transition. According to Foresight News, the official bridge will continue to support transfers between Scroll and Ethereum. Users must close or manage DeFi positions individually before th…

ChinaAMC (HK) CEO Tian Gan Says It Aims to Offer Tokenization Platform

ChinaAMC (HK) CEO Tian Gan Says It Aims to Offer Tokenization Platform

Tian Gan, CEO of ChinaAMC (HK), said the company aims to provide a transparent and liquid tokenization platform backed by a robust regulatory framework, according to Bloomberg. Gan spoke exclusively on the sidelines of Hong Kong FinTech Week.

Binance stabilizes after $6.3 billion theft, covers 95% of stolen tokens

Binance stabilizes after $6.3 billion theft, covers 95% of stolen tokens

Binance says the bleeding has slowed. The world's largest crypto exchange reported that customer withdrawals are stabilizing after a $6.3 billion theft last week.According to Reuters, the exchange said outflows spiked at first and then began to level off as service resumed. Deposit volumes, Binance …

Bitcoin's $100K Christmas Odds Collapse — Market Talk

Bitcoin's $100K Christmas Odds Collapse — Market Talk

0639 GMT - It's striking how quickly sentiment changed after the Binance hack, says Nick Forster, founder and CEO of Derive.xyz. Derive options price a 3.5% probability of Bitcoin exceeding $100,000 by Christmas, down from 6% previously. The odds of Bitcoin exceeding $90,000 stand at 14%, while the …

TRON On-Chain Transactions Exceed 16 Billion, Averaging 11.56 Million Daily

TRON On-Chain Transactions Exceed 16 Billion, Averaging 11.56 Million Daily

TRON’s cumulative on-chain transaction count has exceeded 16 billion, with an average of 11.56 million transactions processed daily. According to Odaily, Lookonchain reported the figures.

South Korea urges cryptocurrency exchanges to tighten security

South Korea urges cryptocurrency exchanges to tighten security

South Korea's financial regulator on Monday urged local cryptocurrency exchanges to tighten security measures to prevent hacking attacks, after a $6.3 billion theft at Binance last week.The Financial Services Commission held an emergency meeting with local exchanges to inspect security measures.Auth…