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- Gryphon shareholders approved a $1.2B merger with Trump-linked American Bitcoin, creating ABTC for Nasdaq listing. - The reverse merger combines Gryphon's 130,000+ Bitcoin miners with American Bitcoin's SPAC structure to bypass traditional IPO. - ABTC aims to leverage Gryphon's low-cost energy agreements and expand mining capacity by 50,000 machines in 18 months. - Analysts highlight institutional Bitcoin interest potential, but success depends on U.S. regulatory clarity and market conditions.
- LineKong’s $7.85M investment in BTC, ETH, and SOL marks Hong Kong’s institutional crypto adoption turning point. - Hong Kong’s Stablecoins Ordinance and LEAP Framework create regulatory clarity, bridging China and global crypto markets. - The move signals digital assets as strategic hedges against inflation and geopolitical risks in Asia’s fragmented markets. - Solana’s allocation highlights institutional diversification trends, with 59% of global firms planning crypto allocations in 2025. - Hong Kong’s
Hong Kong dollar stablecoins may have greater potential than US dollar stablecoins.
- BullZilla (BZIL) launches a presale at $0.00000575 with a 1,000x projected price increase via 24 progressive 48-hour stages. - It introduces 70% APY staking (HODL Furnace) and dynamic token burns, contrasting traditional meme coins like Dogecoin lacking structured economics. - Built on Ethereum with Solana scalability integration, it targets speculative investors seeking scarcity-driven returns over community-driven narratives. - The "mutant bull" mythic branding and $100M+ whitelist demand position it a
- Canadian firm Luxxfolio raises $73M to accumulate 1 million LTC by 2026, challenging Bitcoin's corporate reserve dominance. - Litecoin's 2.4-minute confirmations, low fees, and CFTC commodity status attract institutions like MEI Pharma, which holds $110.4M LTC. - Despite technical advantages, Bitcoin retains first-mover edge via ETFs and market cap, while Luxxfolio faces $197K Q2 losses and regulatory uncertainties. - Institutional adoption hinges on liquidity solutions and real-world use cases, testing
- Solana’s DeFi TVL surged to $11.7B in 2025, narrowing its gap with Ethereum’s $91.59B, driven by 65,000 TPS speed and $0.00025 fees. - Solana outperformed Ethereum and BSC in capital efficiency, generating $562M in Q2 2025 revenue via high APRs (14% stablecoin pools vs. Ethereum’s 3%). - Ethereum retains institutional dominance via protocols like Aave, while Solana’s growth relies on retail adoption and memecoin-driven trading volumes. - Critics warn Solana’s TVL may be inflated by speculative inflows, w
- Nigeria’s cashless economy accelerates via fintech innovation, with Paystack and FAAN’s NFC cards driving financial inclusion and infrastructure efficiency. - Paystack, acquired by Stripe in 2020, processes 50%+ of Nigeria’s online transactions and integrates real-time payments, boosting settlement speeds and merchant adoption. - FAAN’s tap-and-pay NFC cards at airports reduce cash reliance, aligning with Nigeria’s 22%+ CAGR growth in digital payments and $28B market projection by 2031. - Fintech investm
- BlackRock’s ETHA ETF recorded $262M in single-day inflows, contributing to $1.83B in 5-day net inflows (85% of daily flow). - Institutional investors purchased 4.9% of Ethereum’s supply, including $89.2M by BlackRock and $21.2M by BitMine. - Ethereum’s 4.5–5.2% staking yields, PoS upgrades, and regulatory clarity (CLARITY/GENIUS Acts) drove institutional adoption. - Dencun/Pectra hard forks reduced gas fees by 90%, while Ethereum’s deflationary model and $5B in tokenized RWAs reinforced its appeal. - ETH
- Bitcoin fell below $109,000, facing key resistance at $113,600 and support near $108,000. - Bitcoin ETFs saw $1.5B outflows, contrasting with Ethereum ETFs' $307M inflows as investors shift capital. - Fed policy uncertainty and technical indicators signal bearish pressure, though long-term bullish fundamentals remain intact.
- Pepeto (PEPETO), an Ethereum-based meme coin with $6.4M raised in presale, offers zero-fee trading and cross-chain transfers to address limitations of traditional meme coins. - Its tokenomics allocate 30% to presale liquidity, 30% to staking (237% APY), and 20% to marketing, contrasting Dogecoin's $145B supply and limited $10 price potential due to trillion-dollar market cap constraints. - Audited smart contracts, no trading taxes, and whale-driven demand position Pepeto as a high-growth alternative to B
- 13:54OceanPal completes $120 million financing and partners with NEAR Foundation to launch SovereignAI and digital asset treasuryChainCatcher news, OceanPal Inc. announced today that it has completed a $120 million public company private investment in public equity (PIPE) transaction for the purchase and sale of common stock and/or pre-funded warrants. The company plans to use the net proceeds from this transaction to implement a digital asset treasury strategy through its wholly-owned subsidiary SovereignAI Services LLC ("SovereignAI"), which focuses on the commercialization of NEAR Protocol, a blockchain platform designed for artificial intelligence (AI) use cases. Through this transaction, OceanPal expects to become a major public investment vehicle via SovereignAI, providing investors with exposure to NEAR (the native token of NEAR Protocol) and the foundational AI infrastructure required to support autonomous business operations.
- 13:53The Dow Jones Index opened up by 287.62 points at 47,832.21 points.ChainCatcher news, according to Golden Ten Data, the Dow Jones Index opened up by 287.62 points on Tuesday, October 28, an increase of 0.6%, closing at 47,832.21 points; the S&P 500 Index opened up by 19.51 points, an increase of 0.28%, closing at 6,894.67 points; the Nasdaq Composite Index opened up by 139.37 points, an increase of 0.59%, closing at 23,776.83 points.
- 13:53A certain whale deposited 2.4 million USDC into Hyperliquid and then purchased 49,233 HYPE.According to ChainCatcher, Onchain Lens monitoring shows that a certain whale deposited 2.4 million USDC into Hyperliquid and then purchased 49,233 HYPE at an average price of $48.9.