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Article
PEPE Market Outlook as Selling Pressure BuildsDespite the overall selling pressure on the market, trading volume rose 17.01% to about $388.3 million. Mercado Bitcoin breach reports identify 372.99 billion stolen PEPE tokens, valued at approximately $1.79 million. The previous chart patterns imply a potential bull market repetition, but the resistance and liquidity levels need to be closely monitored.  The market developments in PEPE are mixed, with selling pressure and rising trading volume teasers of potential changes, alongside reported thefts. PEPE Faces Selling Pressure Despite Recovery Attempts Whale Alert Desk recently shared an optimistic message about PEPE's long-term potential. The account joked about organising a moon party if the token reaches $1. It invited committed holders to attend, wearing green outfits. Source: X However, the latest intraday chart presents a different picture. PEPE as of the time of writing  traded at $0.000004719, representing a 2.61% decline over 24 hours. Prices began to decline from about $0.00000485 to $0.00000460. Buyers subsequently pushed the token towards $0.00000480. However, sellers returned before that recovery could develop into sustained upward movement. Price then settled within a narrower trading range. The support level is currently around $0.00000460. Meanwhile, resistance stands between $0.00000480 and $0.00000485. A break above resistance will be great for the momentum and a break below support would allow more selling to occur. Earlier Chart Formation Presents a Possible Bullish Scenario The longer time frame 3-day chart shows an early five-wave advance. This is a formation that began in late 2023 and is ongoing through November 2024. It was then followed by an A-B-C correction towards the approximate $0.00000627. The chart subsequently identifies a recovery resembling the earlier upward structure. Its annotations suggest possible fractal repetition across different market periods. Such formations offer comparisons, but do not guarantee identical price movements. Another important reference appears around $0.00002337. The chart identifies this region as strong-high liquidity. A breakout from it can help confirm the bullish scenario. That chart is from May 2, 2025, though. Its marked levels must not be mistaken with the current intraday support and resistance. The earlier formation is a historical formation, not necessarily a contemporary one. Mercado Bitcoin Exploit Adds Uncertainty Around PEPE Holdings The reported Mercado Bitcoin security breach introduces another concern. Lookonchain estimates the stolen assets at more than $46 million. The attacker reportedly holds 372.99 billion PEPE, worth approximately $1.79 million. Other reported holdings include AAVE, PENDLE and VIRTUAL. Ethereum and Bitcoin account for approximately $16.4 million combined. More than $9 million in stolen assets was reportedly frozen. The frozen funds do not necessarily represent recovered assets. Investigators must still establish how much remains accessible to the attacker. The reported PEPE holdings also warrant attention from market participants. Potential selling pressure depends on whether those tokens enter accessible markets. A wallet balance alone does not establish an actual sale. Transfers, exchange deposits and available liquidity would provide clearer evidence. The token's supply also puts the $1 discussion into perspective. The supplied market snapshot lists approximately 413.77 trillion PEPE tokens.The $413.77 trillion valuation is based on a one dollar valuation. The near-term focus in the short term is on price action at key timeframes. Buyers must put up resistance to nearby support and challenge. In the meantime, the stolen wallet situation might add to the confusion. 

PEPE Market Outlook as Selling Pressure Builds

Despite the overall selling pressure on the market, trading volume rose 17.01% to about $388.3 million.
Mercado Bitcoin breach reports identify 372.99 billion stolen PEPE tokens, valued at approximately $1.79 million.
The previous chart patterns imply a potential bull market repetition, but the resistance and liquidity levels need to be closely monitored.
The market developments in PEPE are mixed, with selling pressure and rising trading volume teasers of potential changes, alongside reported thefts.
PEPE Faces Selling Pressure Despite Recovery Attempts
Whale Alert Desk recently shared an optimistic message about PEPE's long-term potential. The account joked about organising a moon party if the token reaches $1. It invited committed holders to attend, wearing green outfits.
Source: X
However, the latest intraday chart presents a different picture. PEPE as of the time of writing traded at $0.000004719, representing a 2.61% decline over 24 hours. Prices began to decline from about $0.00000485 to $0.00000460.
Buyers subsequently pushed the token towards $0.00000480. However, sellers returned before that recovery could develop into sustained upward movement. Price then settled within a narrower trading range.
The support level is currently around $0.00000460. Meanwhile, resistance stands between $0.00000480 and $0.00000485. A break above resistance will be great for the momentum and a break below support would allow more selling to occur.
Earlier Chart Formation Presents a Possible Bullish Scenario
The longer time frame 3-day chart shows an early five-wave advance. This is a formation that began in late 2023 and is ongoing through November 2024. It was then followed by an A-B-C correction towards the approximate $0.00000627.
The chart subsequently identifies a recovery resembling the earlier upward structure. Its annotations suggest possible fractal repetition across different market periods. Such formations offer comparisons, but do not guarantee identical price movements.
Another important reference appears around $0.00002337. The chart identifies this region as strong-high liquidity. A breakout from it can help confirm the bullish scenario.
That chart is from May 2, 2025, though. Its marked levels must not be mistaken with the current intraday support and resistance. The earlier formation is a historical formation, not necessarily a contemporary one.
Mercado Bitcoin Exploit Adds Uncertainty Around PEPE Holdings
The reported Mercado Bitcoin security breach introduces another concern. Lookonchain estimates the stolen assets at more than $46 million. The attacker reportedly holds 372.99 billion PEPE, worth approximately $1.79 million.
Other reported holdings include AAVE, PENDLE and VIRTUAL. Ethereum and Bitcoin account for approximately $16.4 million combined. More than $9 million in stolen assets was reportedly frozen.
The frozen funds do not necessarily represent recovered assets. Investigators must still establish how much remains accessible to the attacker. The reported PEPE holdings also warrant attention from market participants.
Potential selling pressure depends on whether those tokens enter accessible markets. A wallet balance alone does not establish an actual sale. Transfers, exchange deposits and available liquidity would provide clearer evidence.
The token's supply also puts the $1 discussion into perspective. The supplied market snapshot lists approximately 413.77 trillion PEPE tokens.The $413.77 trillion valuation is based on a one dollar valuation.
The near-term focus in the short term is on price action at key timeframes. Buyers must put up resistance to nearby support and challenge. In the meantime, the stolen wallet situation might add to the confusion.
Article
Bitcoin Miner Revenue Drops as Riot Sells 10,599 BTCCryptoQuant's Puell Multiplier fell to 0.89 on November 2, its lowest reading since September 19, indicating declining miner revenue. Riot Platforms sold 10,599 BTC in Q3, reducing its Bitcoin holdings by nearly 79% to 2,418 BTC by September 30. Riot's data center contracts reached $38 billion in long-term revenue, supported by a 15-year, $28 billion agreement with an AI lab. Bitcoin miners are earning less as Bitcoin revenue declines, while Riot Platforms sold 10,599 BTC during the third quarter. CryptoQuant reported that the Puell Multiplier reached 0.89 on November 2, its lowest reading since September 19. Meanwhile, Riot reduced its Bitcoin holdings by nearly 79%, primarily to finance data center construction. https://twitter.com/cryptoquant_com/status/2117976260534214911?a=EvowgbNzmTUkSr7wbiU&s=20 CryptoQuant Tracks Declining Miner Revenue CryptoQuant said the Puell Multiplier’s seven-day average fell from 1.11 to 1.00 within one week. This represented a 10% decline in miners’ revenue relative to its annual average. The metric compares current miner earnings with their annual average.  A reading of 1.00 means miners earn their typical daily revenue. However, CryptoQuant said the latest decline does not indicate forced selling. In 2026, the multiplier stayed below 0.60 for 11 days across February, April, June, and July.  It reached its yearly low of 0.54 on June 7.  Moreover, the metric remained between 0.89 and 1.30 from August 24. CryptoQuant identified a drop below 0.89 as a break from that range. A 30-day moving average crossing below the 60-day average would also mark the first occurrence since June. Riot Sells 10,599 BTC During Third Quarter Riot Platforms reduced its Bitcoin holdings from 11,380 BTC at the end of June to 2,418 BTC by September 30. The sale represented a nearly 79% reduction during the quarter. https://twitter.com/WuBlockchain/status/2117972478962356314?a=2tIy_vAi1vtBgc9DW4s&s=20 Additionally, the company sold 20,264 BTC during the first nine months of 2026. Those sales generated approximately $1.5 billion, primarily funding data center construction. Data Center Revenue Contracts Reach $38 Billion Riot reported third-quarter revenue of $181 million, up 1% year over year. However, net income fell to $4.03 million from $104 million in the previous year's quarter. Bitcoin mining generated $116 million, representing a 28% annual decline.  Meanwhile, Riot signed a 15-year lease with an unnamed leading AI lab for 910 megawatts of IT capacity. The agreement carries an initial contract value of approximately $28 billion.  Riot's total contracted data center capacity now stands at 1,151 megawatts, with long-term contract revenue reaching approximately $38 billion.

Bitcoin Miner Revenue Drops as Riot Sells 10,599 BTC

CryptoQuant's Puell Multiplier fell to 0.89 on November 2, its lowest reading since September 19, indicating declining miner revenue.
Riot Platforms sold 10,599 BTC in Q3, reducing its Bitcoin holdings by nearly 79% to 2,418 BTC by September 30.
Riot's data center contracts reached $38 billion in long-term revenue, supported by a 15-year, $28 billion agreement with an AI lab.
Bitcoin miners are earning less as Bitcoin revenue declines, while Riot Platforms sold 10,599 BTC during the third quarter. CryptoQuant reported that the Puell Multiplier reached 0.89 on November 2, its lowest reading since September 19. Meanwhile, Riot reduced its Bitcoin holdings by nearly 79%, primarily to finance data center construction.
https://twitter.com/cryptoquant_com/status/2117976260534214911?a=EvowgbNzmTUkSr7wbiU&s=20
CryptoQuant Tracks Declining Miner Revenue
CryptoQuant said the Puell Multiplier’s seven-day average fell from 1.11 to 1.00 within one week. This represented a 10% decline in miners’ revenue relative to its annual average. The metric compares current miner earnings with their annual average.
A reading of 1.00 means miners earn their typical daily revenue. However, CryptoQuant said the latest decline does not indicate forced selling. In 2026, the multiplier stayed below 0.60 for 11 days across February, April, June, and July. It reached its yearly low of 0.54 on June 7.
Moreover, the metric remained between 0.89 and 1.30 from August 24. CryptoQuant identified a drop below 0.89 as a break from that range. A 30-day moving average crossing below the 60-day average would also mark the first occurrence since June.
Riot Sells 10,599 BTC During Third Quarter
Riot Platforms reduced its Bitcoin holdings from 11,380 BTC at the end of June to 2,418 BTC by September 30. The sale represented a nearly 79% reduction during the quarter.
https://twitter.com/WuBlockchain/status/2117972478962356314?a=2tIy_vAi1vtBgc9DW4s&s=20
Additionally, the company sold 20,264 BTC during the first nine months of 2026. Those sales generated approximately $1.5 billion, primarily funding data center construction.
Data Center Revenue Contracts Reach $38 Billion
Riot reported third-quarter revenue of $181 million, up 1% year over year. However, net income fell to $4.03 million from $104 million in the previous year's quarter. Bitcoin mining generated $116 million, representing a 28% annual decline.
Meanwhile, Riot signed a 15-year lease with an unnamed leading AI lab for 910 megawatts of IT capacity. The agreement carries an initial contract value of approximately $28 billion.
Riot's total contracted data center capacity now stands at 1,151 megawatts, with long-term contract revenue reaching approximately $38 billion.
BTC-5.06%
RIOTUS-1.28%
Article
Ondo Finance Becomes World’s Largest Tokenization PlatformOndo Finance surpasses $4 billion in tokenized real-world assets, ranking #1 out of 203 platforms tracked by RWA.xyz, with 484 tokenized assets and more than 565,000 holders GREENWICH, Conn., Nov. 5, 2026 /PRNewswire/ -- Ondo Finance, the leading tokenizer of institutional-grade financial products, today announced it has become the largest tokenization platform in the world, according to the same RWA.xyz data.Tokenized real-world assets (RWAs) have become one of the fastest-growing corners within global finance. More than $39 billion in RWAs (which exclude stablecoins) are now held onchain, up from roughly $4 billion at the start of 2025, according to RWA.xyz. The current market capitalization of Ondo tokenized products now exceeds $4 across 484 distinct real-world assets, ranking first among the 203 tokenization platforms RWA.xyz tracks and accounting for roughly 10% of all non-stablecoin tokenized value. Ondo Finance also tokenizes more assets than any other top-ten platform, and Ondo tokenized products reach more than 565,000 RWA holders onchain. Over the past year, demand has spread well beyond tokenized Treasuries. Investors are moving onchain for tokenized equities, funds and other assets they can access, trade and use around the clock. Ondo Finance has been intentional in its growth with that shift. It has built one of the widest technology platforms in the market and opened access to investors around the world outside the U.S. Through Ondo Global Markets, those investors can hold tokens providing economic exposure to U.S. stocks and ETFs directly in their own wallets across multiple blockchains. "Becoming the largest tokenization platform in the world is a milestone for Ondo, and it's a clear signal of where the market is headed," said Ian De Bode, Acting CEO and President of Ondo Finance. "We built Ondo to bring the world's most trusted financial assets onchain in a form that institutions and everyday investors alike can hold directly. Crossing $4 billion with more than half a million holders shows that Ondo tokenized products are at the center of innovation and high-quality tokenized assets are real, global and accelerating." A milestone built across the full suite The #1 ranking reflects growth across Ondo's entire tokenized product suite, including tokenized U.S. Treasuries, tokenized U.S. stocks and ETFs, and Ondo's broader institutional offerings. Ondo is the only platform ranked in the top two for both tokenized Treasuries and tokenized stocks. This week, Ondo Intelligent Portfolios also crossed $50 million, making it the largest onchain portfolio product on the market. Momentum across 2026 The ranking caps a year of rapid expansion for Ondo tokenized assets: Tokenized Treasuries: USDY is now the largest tokenized Treasuries product in the world, and Ondo has three products among the top 11, with a market capitalization of more than $3 billion, roughly a fifth of the $14.2 billion tokenized Treasuries market. Tokenized stocks and ETFs: Ondo Global Markets became the largest tokenized stock issuer within 48 hours of its September 2025 launch and now offers more than 430 tokenized U.S. stocks and ETFs across Ethereum, Solana and BSC, with more than $900 million in tokenized value. Multichain reach: Ondo tokenized products are available across 10 blockchains. Beyond Ethereum, investors hold more than $500 million in Ondo tokenized assets on Solana and Stellar, and nearly $500 million on BSC. Solana now hosts a greater variety of  Ondo tokenized assets than any other network, at 485. About Ondo Finance Ondo Finance is a blockchain-based technology company focused on tokenizing real-world assets and bringing institutional-quality financial products onchain. By bridging traditional finance and decentralized infrastructure, Ondo aims to make capital markets more accessible, transparent, and efficient. For more information about Ondo Global Markets, please visit ondo.finance/global-markets. Disclaimer [*] The tokenized assets referenced herein (including (i) the tokenized stocks, tokenized ETFs and tokenized ADRs now known as Ondo Stocks, and formerly known as Ondo tokenized stocks and ETFs, or as Ondo Global Markets tokens, (collectively, the "Ondo Stocks") and (ii) USDY tokens (collectively, the "Tokens") have not been registered under the US Securities Act of 1933, as amended (the "Act") or the securities or financial instrument laws of any other jurisdiction. The Tokens may not be offered or sold in the United States or to US persons unless registered under the Act or an exemption from the registration requirements thereof is available.  In certain jurisdictions, including the United Kingdom, Switzerland and Singapore, the Ondo Stocks and USDY tokens are offered and sold only to qualified investors or professional clients, as the case may be (or that jurisdiction's analogue thereof). Other jurisdiction-based prohibitions and restrictions apply. The issuer of the Tokens is not registered as an investment company under the US Investment Company Act of 1940, as amended, or as an Alternative Investment Fund or Undertaking for Collective Investment in Transferable Securities in the EEA, or under the securities or financial instrument laws of any other jurisdiction. Ondo Stocks provide their holders with economic exposure to the value of their underlying assets, including the value of dividends (less applicable tax withholdings). However, Ondo Stocks are not themselves stocks, ETFs or ADRs and the Ondo Stocks do not provide their holders with rights to hold or receive their respective underlying assets. Similarly, USDY tokens provide their holders with economic exposure to short-term US treasuries, but USDY tokens are not themselves US treasuries and do not provide their holders with rights to hold or receive any US treasuries. In the EEA/EU, a base prospectus relating to the Tokens has been approved by the Financial Market Authority Liechtenstein (FMA) and notified, at the issuer's request, to certain EEA Member States (the "Relevant EEA States"), making many Ondo Stocks available to both professional and retail investors, though certain Ondo Stocks are only available to professional investors in the EEA/EU. The prospectus is published at app.ondo.finance at each applicable Token's webpage. The approval of the prospectus should not be understood as an endorsement of the Tokens. Investors residing in the EU/EEA should read the prospectus, and the relevant final terms and KID for each applicable Token, before investing in order to fully understand the potential risks and rewards associated with the decision to invest. This notice is a marketing communication and does not constitute a prospectus. Certain Ondo Stocks (referred to in the UAE as "Digital Securities") have been admitted to trading on Nest Exchange Limited, a Multilateral Trading Facility for Digital Assets operated by Binance in the Abu Dhabi Global Market ("ADGM"), authorised by the Financial Services Regulatory Authority (the "FSRA"). Such Digital Securities are available for trading by those investors eligible for a Binance account. The ADGM FSRA has no responsibility for reviewing or verifying any documents in connection with the admission to trading of such Digital Securities in the ADGM. The FSRA has not approved the documents in connection with the admission to trading nor taken steps to verify the information set out in it and has no responsibility for it. No offer of securities is being made in ADGM. Prospective purchasers of such Digital Securities admitted to trading should conduct their own due diligence on such Digital Securities. In the United Kingdom, the communications herein may be deemed a financial promotion pursuant to Section 21 of the Financial Services and Markets Act 2000. To the extent that any such finding is made, the communications herein are only intended for, and directed at, investment professionals as defined in article 19 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (the "FPO") who have experience of interacting with the Ondo Stocks and USDY tokens; high net worth companies as defined in article 49 of the FPO, and/or any other persons to whom lawful communication is permitted. Any person not falling within these categories is not permitted to act upon anything within the communications herein, and shall not be entitled to rely upon their contents. Ondo Global Markets (BVI) Limited will not enter into arrangements with such persons concerning Ondo Stocks and USDY tokens as a result of this or any other communication. The Tokens are issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company. OUSG tokens are issued by Ondo I LP, a Delaware (USA) limited partnership (the "Fund"). Ondo Finance Inc., a Delaware (USA) corporation, provides tokenization services to, and is an equity holder of, Ondo Global Markets (BVI) Limited. The communications herein are only intended for eligible purchasers of, or for actual or potential business relationships or technical integrations with respect to the Tokens. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any Tokens. Nothing herein constitutes investment, legal, tax or financial advice. Acquiring the  Tokens involves risks. A holder of the Tokens may incur losses, including total loss of their purchase price. Past performance is not an indication of future results. Investors are responsible for conducting their own research, investigation, verification, checks or consultation for professional or investment advice. The communications herein may contain forward-looking statements, including, but not limited to, statements regarding future financial performance, business strategies, or expectations for the growth or development of Ondo Finance, Ondo Global Markets (BVI) Limited, or any of their respective affiliates (each, an "Applicable Entity"). These statements are based on management's current expectations, estimates, projections, and beliefs, and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. Forward-looking statements can be identified by the use of terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," or the negative of these terms or other similar expressions. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, but are not limited to, the following: economic, competitive, legal, governmental, and technological factors affecting the operations, markets, products, services, or prices of any Applicable Entity. No Applicable Entity undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Additional terms and restrictions apply. See docs.ondo.finance/legal/terms-of-service, docs.ondo.finance/ondo-stocks, ondo.finance/stocks, app.ondo.finance and (as applicable) the Token offering documents for details.

Ondo Finance Becomes World’s Largest Tokenization Platform

Ondo Finance surpasses $4 billion in tokenized real-world assets, ranking #1 out of 203 platforms tracked by RWA.xyz, with 484 tokenized assets and more than 565,000 holders
GREENWICH, Conn., Nov. 5, 2026 /PRNewswire/ -- Ondo Finance, the leading tokenizer of institutional-grade financial products, today announced it has become the largest tokenization platform in the world, according to the same RWA.xyz data.Tokenized real-world assets (RWAs) have become one of the fastest-growing corners within global finance. More than $39 billion in RWAs (which exclude stablecoins) are now held onchain, up from roughly $4 billion at the start of 2025, according to RWA.xyz.
The current market capitalization of Ondo tokenized products now exceeds $4 across 484 distinct real-world assets, ranking first among the 203 tokenization platforms RWA.xyz tracks and accounting for roughly 10% of all non-stablecoin tokenized value. Ondo Finance also tokenizes more assets than any other top-ten platform, and Ondo tokenized products reach more than 565,000 RWA holders onchain.
Over the past year, demand has spread well beyond tokenized Treasuries. Investors are moving onchain for tokenized equities, funds and other assets they can access, trade and use around the clock. Ondo Finance has been intentional in its growth with that shift. It has built one of the widest technology platforms in the market and opened access to investors around the world outside the U.S. Through Ondo Global Markets, those investors can hold tokens providing economic exposure to U.S. stocks and ETFs directly in their own wallets across multiple blockchains.
"Becoming the largest tokenization platform in the world is a milestone for Ondo, and it's a clear signal of where the market is headed," said Ian De Bode, Acting CEO and President of Ondo Finance. "We built Ondo to bring the world's most trusted financial assets onchain in a form that institutions and everyday investors alike can hold directly. Crossing $4 billion with more than half a million holders shows that Ondo tokenized products are at the center of innovation and high-quality tokenized assets are real, global and accelerating."
A milestone built across the full suite
The #1 ranking reflects growth across Ondo's entire tokenized product suite, including tokenized U.S. Treasuries, tokenized U.S. stocks and ETFs, and Ondo's broader institutional offerings. Ondo is the only platform ranked in the top two for both tokenized Treasuries and tokenized stocks. This week, Ondo Intelligent Portfolios also crossed $50 million, making it the largest onchain portfolio product on the market.
Momentum across 2026
The ranking caps a year of rapid expansion for Ondo tokenized assets:
Tokenized Treasuries: USDY is now the largest tokenized Treasuries product in the world, and Ondo has three products among the top 11, with a market capitalization of more than $3 billion, roughly a fifth of the $14.2 billion tokenized Treasuries market.
Tokenized stocks and ETFs: Ondo Global Markets became the largest tokenized stock issuer within 48 hours of its September 2025 launch and now offers more than 430 tokenized U.S. stocks and ETFs across Ethereum, Solana and BSC, with more than $900 million in tokenized value.
Multichain reach: Ondo tokenized products are available across 10 blockchains. Beyond Ethereum, investors hold more than $500 million in Ondo tokenized assets on Solana and Stellar, and nearly $500 million on BSC. Solana now hosts a greater variety of Ondo tokenized assets than any other network, at 485.
About Ondo Finance
Ondo Finance is a blockchain-based technology company focused on tokenizing real-world assets and bringing institutional-quality financial products onchain. By bridging traditional finance and decentralized infrastructure, Ondo aims to make capital markets more accessible, transparent, and efficient. For more information about Ondo Global Markets, please visit ondo.finance/global-markets.
Disclaimer
[*] The tokenized assets referenced herein (including (i) the tokenized stocks, tokenized ETFs and tokenized ADRs now known as Ondo Stocks, and formerly known as Ondo tokenized stocks and ETFs, or as Ondo Global Markets tokens, (collectively, the "Ondo Stocks") and (ii) USDY tokens (collectively, the "Tokens") have not been registered under the US Securities Act of 1933, as amended (the "Act") or the securities or financial instrument laws of any other jurisdiction. The Tokens may not be offered or sold in the United States or to US persons unless registered under the Act or an exemption from the registration requirements thereof is available. In certain jurisdictions, including the United Kingdom, Switzerland and Singapore, the Ondo Stocks and USDY tokens are offered and sold only to qualified investors or professional clients, as the case may be (or that jurisdiction's analogue thereof). Other jurisdiction-based prohibitions and restrictions apply. The issuer of the Tokens is not registered as an investment company under the US Investment Company Act of 1940, as amended, or as an Alternative Investment Fund or Undertaking for Collective Investment in Transferable Securities in the EEA, or under the securities or financial instrument laws of any other jurisdiction.
Ondo Stocks provide their holders with economic exposure to the value of their underlying assets, including the value of dividends (less applicable tax withholdings). However, Ondo Stocks are not themselves stocks, ETFs or ADRs and the Ondo Stocks do not provide their holders with rights to hold or receive their respective underlying assets. Similarly, USDY tokens provide their holders with economic exposure to short-term US treasuries, but USDY tokens are not themselves US treasuries and do not provide their holders with rights to hold or receive any US treasuries.
In the EEA/EU, a base prospectus relating to the Tokens has been approved by the Financial Market Authority Liechtenstein (FMA) and notified, at the issuer's request, to certain EEA Member States (the "Relevant EEA States"), making many Ondo Stocks available to both professional and retail investors, though certain Ondo Stocks are only available to professional investors in the EEA/EU. The prospectus is published at app.ondo.finance at each applicable Token's webpage. The approval of the prospectus should not be understood as an endorsement of the Tokens. Investors residing in the EU/EEA should read the prospectus, and the relevant final terms and KID for each applicable Token, before investing in order to fully understand the potential risks and rewards associated with the decision to invest. This notice is a marketing communication and does not constitute a prospectus.
Certain Ondo Stocks (referred to in the UAE as "Digital Securities") have been admitted to trading on Nest Exchange Limited, a Multilateral Trading Facility for Digital Assets operated by Binance in the Abu Dhabi Global Market ("ADGM"), authorised by the Financial Services Regulatory Authority (the "FSRA"). Such Digital Securities are available for trading by those investors eligible for a Binance account. The ADGM FSRA has no responsibility for reviewing or verifying any documents in connection with the admission to trading of such Digital Securities in the ADGM. The FSRA has not approved the documents in connection with the admission to trading nor taken steps to verify the information set out in it and has no responsibility for it. No offer of securities is being made in ADGM. Prospective purchasers of such Digital Securities admitted to trading should conduct their own due diligence on such Digital Securities.
In the United Kingdom, the communications herein may be deemed a financial promotion pursuant to Section 21 of the Financial Services and Markets Act 2000. To the extent that any such finding is made, the communications herein are only intended for, and directed at, investment professionals as defined in article 19 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (the "FPO") who have experience of interacting with the Ondo Stocks and USDY tokens; high net worth companies as defined in article 49 of the FPO, and/or any other persons to whom lawful communication is permitted. Any person not falling within these categories is not permitted to act upon anything within the communications herein, and shall not be entitled to rely upon their contents. Ondo Global Markets (BVI) Limited will not enter into arrangements with such persons concerning Ondo Stocks and USDY tokens as a result of this or any other communication.
The Tokens are issued by Ondo Global Markets (BVI) Limited, a British Virgin Islands business company. OUSG tokens are issued by Ondo I LP, a Delaware (USA) limited partnership (the "Fund"). Ondo Finance Inc., a Delaware (USA) corporation, provides tokenization services to, and is an equity holder of, Ondo Global Markets (BVI) Limited.
The communications herein are only intended for eligible purchasers of, or for actual or potential business relationships or technical integrations with respect to the Tokens. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any Tokens. Nothing herein constitutes investment, legal, tax or financial advice. Acquiring the Tokens involves risks. A holder of the Tokens may incur losses, including total loss of their purchase price. Past performance is not an indication of future results. Investors are responsible for conducting their own research, investigation, verification, checks or consultation for professional or investment advice.
The communications herein may contain forward-looking statements, including, but not limited to, statements regarding future financial performance, business strategies, or expectations for the growth or development of Ondo Finance, Ondo Global Markets (BVI) Limited, or any of their respective affiliates (each, an "Applicable Entity"). These statements are based on management's current expectations, estimates, projections, and beliefs, and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. Forward-looking statements can be identified by the use of terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," or the negative of these terms or other similar expressions. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, but are not limited to, the following: economic, competitive, legal, governmental, and technological factors affecting the operations, markets, products, services, or prices of any Applicable Entity. No Applicable Entity undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Additional terms and restrictions apply. See docs.ondo.finance/legal/terms-of-service, docs.ondo.finance/ondo-stocks, ondo.finance/stocks, app.ondo.finance and (as applicable) the Token offering documents for details.
Article
Hong Kong Passes Crypto Tax Reporting Law With 2027 StartUnder CARF, crypto-asset service providers must collect transaction information from 2027, with automatic exchanges beginning in 2028. Updated CRS rules take effect in 2028, expanding coverage to digital financial products, while information exchanges begin in 2029. Hong Kong’s Inland Revenue Department will issue guidance and provide technical support to help businesses meet the new reporting requirements. Hong Kong’s Legislative Council passed a new crypto tax reporting law on November 4. The measure implements the OECD’s Crypto-Asset Reporting Framework and requires relevant service providers to collect transaction data from 2027. The city plans automatic exchanges of crypto tax information with partner jurisdictions from 2028 under the new framework. https://twitter.com/WuBlockchain/status/2117930750469357944?s=20 Crypto Providers Face New Reporting Duties The law implements two standards developed by the Organisation for Economic Co-operation and Development. One is the Crypto-Asset Reporting Framework, known as CARF. Under CARF, service providers must collect information specified by the framework from 2027. The Inland Revenue Department will use that information for annual exchanges with partner jurisdictions starting in 2028. The OECD published CARF in 2023 as digital asset markets expanded. The framework provides for automatic exchanges of tax information on crypto-asset transactions. Hong Kong will conduct exchanges reciprocally, subject to data confidentiality and security. Updated CRS Rules Begin in 2028 The legislation also updates Hong Kong’s Common Reporting Standard, which governs annual exchanges of financial account information. The amended CRS will take effect in 2028. It extends coverage to digital financial products and strengthens reporting and due diligence requirements. However, exchanges under the updated standard will begin in 2029. The Inland Revenue Department will automatically share financial account information with suitable partner jurisdictions under the revised rules. Hong Kong has exchanged financial account information with partner jurisdictions annually since 2018 under the existing CRS. The government said the system helps tax authorities detect and combat tax evasion. Christopher Hui Sets Out Implementation Support Financial Services and the Treasury Secretary Christopher Hui said the law supports international tax transparency. He also cited efforts to combat cross-border tax evasion. Hui said alignment with international standards helps maintain Hong Kong’s standing as an international financial and commercial center. He added that the changes would reinforce confidence among crypto-asset service providers and financial institutions. Digital asset users operating or investing in Hong Kong are also included. To help businesses prepare, the Inland Revenue Department will issue guidance and has established a dedicated team. The team will provide technical support and respond to industry questions about the new requirements.

Hong Kong Passes Crypto Tax Reporting Law With 2027 Start

Under CARF, crypto-asset service providers must collect transaction information from 2027, with automatic exchanges beginning in 2028.
Updated CRS rules take effect in 2028, expanding coverage to digital financial products, while information exchanges begin in 2029.
Hong Kong’s Inland Revenue Department will issue guidance and provide technical support to help businesses meet the new reporting requirements.
Hong Kong’s Legislative Council passed a new crypto tax reporting law on November 4. The measure implements the OECD’s Crypto-Asset Reporting Framework and requires relevant service providers to collect transaction data from 2027. The city plans automatic exchanges of crypto tax information with partner jurisdictions from 2028 under the new framework.
https://twitter.com/WuBlockchain/status/2117930750469357944?s=20
Crypto Providers Face New Reporting Duties
The law implements two standards developed by the Organisation for Economic Co-operation and Development. One is the Crypto-Asset Reporting Framework, known as CARF.
Under CARF, service providers must collect information specified by the framework from 2027. The Inland Revenue Department will use that information for annual exchanges with partner jurisdictions starting in 2028.
The OECD published CARF in 2023 as digital asset markets expanded. The framework provides for automatic exchanges of tax information on crypto-asset transactions. Hong Kong will conduct exchanges reciprocally, subject to data confidentiality and security.
Updated CRS Rules Begin in 2028
The legislation also updates Hong Kong’s Common Reporting Standard, which governs annual exchanges of financial account information. The amended CRS will take effect in 2028. It extends coverage to digital financial products and strengthens reporting and due diligence requirements.
However, exchanges under the updated standard will begin in 2029. The Inland Revenue Department will automatically share financial account information with suitable partner jurisdictions under the revised rules.
Hong Kong has exchanged financial account information with partner jurisdictions annually since 2018 under the existing CRS. The government said the system helps tax authorities detect and combat tax evasion.
Christopher Hui Sets Out Implementation Support
Financial Services and the Treasury Secretary Christopher Hui said the law supports international tax transparency. He also cited efforts to combat cross-border tax evasion. Hui said alignment with international standards helps maintain Hong Kong’s standing as an international financial and commercial center.
He added that the changes would reinforce confidence among crypto-asset service providers and financial institutions. Digital asset users operating or investing in Hong Kong are also included.
To help businesses prepare, the Inland Revenue Department will issue guidance and has established a dedicated team. The team will provide technical support and respond to industry questions about the new requirements.
Article
Solana Liquidation Pressure Builds as SOL Tests $92Approximately $60 million in long liquidations sits below SOL, compared with $16 million in potential short liquidations above spot. Large positions remain 88% long, while smaller accounts show 59% bullish exposure, according to Market Sniper Pro's figures. The RSI from SOL is below 27.57, and the MACD indicator is on a negative trend, further confirming the downward momentum. The liquidation pressure at Solana is mounting with leveraged positioning, declining momentum and focused downside risk keeping the market on its toes. Large Traders Maintain Bullish Positions Despite Growing Downside Exposure Market Sniper Pro has drawn attention to an unusual positioning imbalance. According to the account, positions exceeding $1 million are 88% long. Smaller positions show a comparatively lower bullish allocation of 59%. Source: X The distinction suggests larger accounts remain more confident about SOL's direction. However, their positioning contrasts with the liquidation map's considerable downside exposure. This difference creates an interesting situation for traders monitoring leveraged market activity. The liquidation heatmap identifies approximately $60 million in potential long liquidations below spot. Meanwhile, short liquidations above the reference price total approximately $16 million. The difference leaves considerably more leveraged exposure vulnerable during a decline. The map places SOL's reference price around $92. Long liquidation clusters extend towards $85 and eventually $71. The largest individual concentration appears around $71, representing approximately $17 million. These figures identify potential liquidation areas, not guaranteed future price destinations. $85.12 Emerges as an Important Level for Large Positions The post also identifies a notable large-position concentration. The account reports a $5 million position level around $85.12. That price sits approximately 7.6% below the reported spot level. This concentration deserves attention because it falls within the map's downside liquidity region. A decline towards $85 could expose additional leveraged positions. Forced closures could then increase selling activity around that area. The heatmap also shows several smaller liquidation clusters between $75 and $85. Further down, the $71 concentration represents the largest individual exposure. A move towards this level could trigger additional forced selling. Above spot, green liquidation clusters appear around $98, $103 and $109. These areas represent potential short liquidations if SOL stages a recovery. Forced short closures could create additional buying demand during an upward move. Daily Technical Indicators Continue to Favour Sellers The daily chart provides further context for the liquidation data. SOL recently traded around $92.446, following a decline from approximately $122. Its price action remains confined within a descending channel established during October. Source: Tradingview The channel's upper boundary continues to restrict recovery attempts. Meanwhile, the lower trendline provides a reference for potential downside support. Recent candles show sellers maintaining control despite occasional attempts by buyers. The Relative Strength Index currently reads 27.57. This places SOL below the commonly monitored oversold threshold of 30. Its signal average stands at 34.30, showing the extent of recent momentum weakness. The MACD also remains firmly within negative territory. Its reading stands at -4.209, against a signal line of -3.363. The histogram reads -0.846, reflecting continued bearish momentum. These indicators leave SOL facing two competing market scenarios. A breakdown could expose the $85 region and deeper liquidation clusters. Conversely, recovery above 98–100 could bring nearby short liquidations into focus. A stronger reversal would require a break above the descending channel. For now, leveraged positioning and technical weakness point towards elevated market sensitivity. The $85.12 concentration deserves attention alongside the larger $71 liquidation cluster. Whether buyers defend current levels or sellers gain further ground remains unresolved. Price behaviour and changing leverage will provide the next useful signals.

Solana Liquidation Pressure Builds as SOL Tests $92

Approximately $60 million in long liquidations sits below SOL, compared with $16 million in potential short liquidations above spot.
Large positions remain 88% long, while smaller accounts show 59% bullish exposure, according to Market Sniper Pro's figures.
The RSI from SOL is below 27.57, and the MACD indicator is on a negative trend, further confirming the downward momentum.
The liquidation pressure at Solana is mounting with leveraged positioning, declining momentum and focused downside risk keeping the market on its toes.
Large Traders Maintain Bullish Positions Despite Growing Downside Exposure
Market Sniper Pro has drawn attention to an unusual positioning imbalance. According to the account, positions exceeding $1 million are 88% long. Smaller positions show a comparatively lower bullish allocation of 59%.
Source: X
The distinction suggests larger accounts remain more confident about SOL's direction. However, their positioning contrasts with the liquidation map's considerable downside exposure. This difference creates an interesting situation for traders monitoring leveraged market activity.
The liquidation heatmap identifies approximately $60 million in potential long liquidations below spot. Meanwhile, short liquidations above the reference price total approximately $16 million. The difference leaves considerably more leveraged exposure vulnerable during a decline.
The map places SOL's reference price around $92. Long liquidation clusters extend towards $85 and eventually $71. The largest individual concentration appears around $71, representing approximately $17 million. These figures identify potential liquidation areas, not guaranteed future price destinations.
$85.12 Emerges as an Important Level for Large Positions
The post also identifies a notable large-position concentration. The account reports a $5 million position level around $85.12. That price sits approximately 7.6% below the reported spot level.
This concentration deserves attention because it falls within the map's downside liquidity region. A decline towards $85 could expose additional leveraged positions. Forced closures could then increase selling activity around that area.
The heatmap also shows several smaller liquidation clusters between $75 and $85. Further down, the $71 concentration represents the largest individual exposure. A move towards this level could trigger additional forced selling.
Above spot, green liquidation clusters appear around $98, $103 and $109. These areas represent potential short liquidations if SOL stages a recovery. Forced short closures could create additional buying demand during an upward move.
Daily Technical Indicators Continue to Favour Sellers
The daily chart provides further context for the liquidation data. SOL recently traded around $92.446, following a decline from approximately $122. Its price action remains confined within a descending channel established during October.
Source: Tradingview
The channel's upper boundary continues to restrict recovery attempts. Meanwhile, the lower trendline provides a reference for potential downside support. Recent candles show sellers maintaining control despite occasional attempts by buyers.
The Relative Strength Index currently reads 27.57. This places SOL below the commonly monitored oversold threshold of 30. Its signal average stands at 34.30, showing the extent of recent momentum weakness.
The MACD also remains firmly within negative territory. Its reading stands at -4.209, against a signal line of -3.363. The histogram reads -0.846, reflecting continued bearish momentum.
These indicators leave SOL facing two competing market scenarios. A breakdown could expose the $85 region and deeper liquidation clusters. Conversely, recovery above 98–100 could bring nearby short liquidations into focus. A stronger reversal would require a break above the descending channel.
For now, leveraged positioning and technical weakness point towards elevated market sensitivity. The $85.12 concentration deserves attention alongside the larger $71 liquidation cluster. Whether buyers defend current levels or sellers gain further ground remains unresolved. Price behaviour and changing leverage will provide the next useful signals.
Article
Circle Revenue Climbs 17% as USDC Supply Reaches $73.3BCircle’s reserve income fell 8% to $658 million, while other revenue surged 627% to $207 million, including $182 million from the ARC presale. Net income rose 5% to $226 million and adjusted EBITDA climbed 85% to $317 million, despite a 5% workforce reduction. Circle launched Arc public mainnet and agreed to acquire Tazapay, while expanding USDC payment integrations through Samsung Wallet and Visa Direct. Circle reported $865 million in third-quarter 2026 revenue and reserve income, up 17% year-over-year, as average USDC circulation reached $73.3 billion. The company also recorded $226 million in net income and $317 million in adjusted EBITDA. Its results covered the quarter alongside workforce reductions, Arc’s launch and a planned Tazapay acquisition. https://twitter.com/WuBlockchain/status/2117950568593555613?a=56_IjIyrR6eP0fE90XU&s=20 Circle Earnings Reflect Mixed Revenue Sources Circle’s reserve income reached $658 million, down 8% year-over-year, as its reserve return rate fell 61 basis points. Growth in average USDC circulation partly offset that decline. Meanwhile, other revenue rose 627% to $207 million, including $182 million from the ARC token presale. USDC onchain transaction volume reached $13.9 trillion, increasing 49% year-over-year. Distribution, transaction and other costs fell 8% to $412 million. However, operating expenses increased 16% to $245 million, while adjusted operating expenses rose 13% to $139 million. Net income from continuing operations increased 5% to $226 million. Adjusted EBITDA climbed 85% to $317 million, reflecting ARC presale revenue and lower distribution costs. Circle also reduced its workforce by approximately 5% during the quarter.  The company recorded $9.15 million in restructuring charges, mainly covering severance, notice-period compensation and employee benefits. Arc Launch and Tazapay Deal Expand Operations Circle launched Arc public mainnet on September 16, with 11 founding validators and more than 100 institutional and ecosystem builders. The company completed the genesis mint of 10 billion ARC tokens.  Its developer community includes 75,000 Arc House members, 10,000 Architect ambassadors and more than 1,200 projects. Circle also signed a definitive agreement to acquire Singapore-based Tazapay, with closing expected in 2027 pending regulatory approval.  Tazapay handles more than $25 billion in annualized payment volume, works with over 60 banking and fintech partners, and supports local payouts across 100-plus markets. Stablecoins account for about 60% of its transaction volume. Payments Partnerships and USDC Activity Grow Circle said CPN annualized transaction volume reached $41.3 billion, with year-over-year growth of 15.2 times. The network enrolled 205 financial institutions. Partnerships included Binance, which announced a $100 million equity investment, and Chelsea FC, which began displaying Circle and USDC branding on team shirts for 2026/27.  Samsung Wallet enabled eligible U.S. users to send USDC to bank accounts in over 60 countries. Visa Direct also moved USDC prefunding into commercial deployment across more than 180 countries. Circle additionally announced USDC and EURC integrations with SAP-backed Tereina, alongside partnerships with Allaria and Volante Technologies.

Circle Revenue Climbs 17% as USDC Supply Reaches $73.3B

Circle’s reserve income fell 8% to $658 million, while other revenue surged 627% to $207 million, including $182 million from the ARC presale.
Net income rose 5% to $226 million and adjusted EBITDA climbed 85% to $317 million, despite a 5% workforce reduction.
Circle launched Arc public mainnet and agreed to acquire Tazapay, while expanding USDC payment integrations through Samsung Wallet and Visa Direct.
Circle reported $865 million in third-quarter 2026 revenue and reserve income, up 17% year-over-year, as average USDC circulation reached $73.3 billion. The company also recorded $226 million in net income and $317 million in adjusted EBITDA. Its results covered the quarter alongside workforce reductions, Arc’s launch and a planned Tazapay acquisition.
https://twitter.com/WuBlockchain/status/2117950568593555613?a=56_IjIyrR6eP0fE90XU&s=20
Circle Earnings Reflect Mixed Revenue Sources
Circle’s reserve income reached $658 million, down 8% year-over-year, as its reserve return rate fell 61 basis points. Growth in average USDC circulation partly offset that decline. Meanwhile, other revenue rose 627% to $207 million, including $182 million from the ARC token presale.
USDC onchain transaction volume reached $13.9 trillion, increasing 49% year-over-year. Distribution, transaction and other costs fell 8% to $412 million. However, operating expenses increased 16% to $245 million, while adjusted operating expenses rose 13% to $139 million.
Net income from continuing operations increased 5% to $226 million. Adjusted EBITDA climbed 85% to $317 million, reflecting ARC presale revenue and lower distribution costs. Circle also reduced its workforce by approximately 5% during the quarter.
The company recorded $9.15 million in restructuring charges, mainly covering severance, notice-period compensation and employee benefits.
Arc Launch and Tazapay Deal Expand Operations
Circle launched Arc public mainnet on September 16, with 11 founding validators and more than 100 institutional and ecosystem builders. The company completed the genesis mint of 10 billion ARC tokens.
Its developer community includes 75,000 Arc House members, 10,000 Architect ambassadors and more than 1,200 projects. Circle also signed a definitive agreement to acquire Singapore-based Tazapay, with closing expected in 2027 pending regulatory approval.
Tazapay handles more than $25 billion in annualized payment volume, works with over 60 banking and fintech partners, and supports local payouts across 100-plus markets. Stablecoins account for about 60% of its transaction volume.
Payments Partnerships and USDC Activity Grow
Circle said CPN annualized transaction volume reached $41.3 billion, with year-over-year growth of 15.2 times. The network enrolled 205 financial institutions. Partnerships included Binance, which announced a $100 million equity investment, and Chelsea FC, which began displaying Circle and USDC branding on team shirts for 2026/27.
Samsung Wallet enabled eligible U.S. users to send USDC to bank accounts in over 60 countries. Visa Direct also moved USDC prefunding into commercial deployment across more than 180 countries.
Circle additionally announced USDC and EURC integrations with SAP-backed Tereina, alongside partnerships with Allaria and Volante Technologies.
Article
IPX Plans to Bring ‘minicoin’ Payments to LINE FRIENDS Online and Offline Stores, Expanding IP Ex...Seoul, South Korea, November 5th, 2026, Chainwire With phased rollout targeted for the first half of 2027, the service is expected to connect LINE FRIENDS’ online and offline commerce with the Web3 ecosystem, offering customers in Korea and abroad an additional payment option for purchasing physical products with minicoin Digital IP entertainment company IPX (formerly LINE FRIENDS) plans to introduce a payment service using ‘minicoin’ at LINE FRIENDS online and offline stores. The service is intended to make digital asset payments a seamless extension of the fan experience, linking fans’ engagement with character IP to the point of purchase and connecting IPX’s online and offline commerce with a Web3-based digital ecosystem. For more than a decade, IPX has brought its character IPs to life through products, content, and pop-ups, extending these experiences across online and offline channels worldwide. Building on its expertise in IP and retail, the introduction of this service presents a new digital IP commerce model that integrates digital asset payment technology into IP merchandise purchases. Minicoin is a utility coin developed and issued by Mini Labs under an official license granted by IPX to use its globally popular ‘minini’ character IP. Its blockchain-based ecosystem seeks to transparently record activities generated through interactions between IP and fans, including creation, consumption, and transactions, and link them to registration and settlement processes. The minicoin payment service is planned for phased rollout across LINE FRIENDS stores in Korea and abroad, with a rollout targeted for the first half of 2027. The service is expected to offer international visitors and overseas fans additional payment options. K-POP SQUARE, which opened in the heart of Seoul’s Hongdae district in June 2025, welcomed over one million visitors in its first year, approximately 80% of whom were international fans from more than 90 countries. As digital assets gain traction as payment methods worldwide, the service is expected to see strong demand. “This service rollout marks an important step toward using digital assets to purchase physical merchandise, beyond trading and use within specific platforms,” said an IPX official. “We believe that the value of IP can grow further as it expands beyond connecting with fans through content and products to finding new ways to engage with them across the digital IP ecosystem. We will continue to explore new IP business opportunities that connect IP, fans, and commerce together in this evolving landscape.”  About IPX (F.K.A. LINE FRIENDS) IPX is the new corporate name of LINE FRIENDS, a global character brand that started with original characters including BROWN, CONY, and SALLY, created for use as stickers for the leading mobile messenger app LINE and its 200 million active users worldwide. IPX has announced a new business strategy that it would accelerate the global expansion of its IP businesses by diversifying its IP portfolios targeting all ages and advancing its digital and retail business. IPX provides diverse IP experiences including BT21(BTS), ZO&FRIENDS(G-DRAGON), minini, and JOGUMAN. It has also carried out its IP-based business by partnering with global companies including Netflix (original animated series) and HoYoverse (Genshin Impact) to win the hearts of over 50 million Millennials and Generation Z worldwide. IPX currently operates in 18 markets worldwide, including Seoul, New York, LA, Tokyo, and Shanghai, and operates on 8 online sales platforms. ContactsManager Jiwoo Hong Burson jiwoo.hong@bursonglobal.com Sr. Director Hanna Park Burson hanna.park@bursonglobal.com

IPX Plans to Bring ‘minicoin’ Payments to LINE FRIENDS Online and Offline Stores, Expanding IP Ex...

Seoul, South Korea, November 5th, 2026, Chainwire
With phased rollout targeted for the first half of 2027, the service is expected to connect LINE FRIENDS’ online and offline commerce with the Web3 ecosystem, offering customers in Korea and abroad an additional payment option for purchasing physical products with minicoin
Digital IP entertainment company IPX (formerly LINE FRIENDS) plans to introduce a payment service using ‘minicoin’ at LINE FRIENDS online and offline stores. The service is intended to make digital asset payments a seamless extension of the fan experience, linking fans’ engagement with character IP to the point of purchase and connecting IPX’s online and offline commerce with a Web3-based digital ecosystem.
For more than a decade, IPX has brought its character IPs to life through products, content, and pop-ups, extending these experiences across online and offline channels worldwide. Building on its expertise in IP and retail, the introduction of this service presents a new digital IP commerce model that integrates digital asset payment technology into IP merchandise purchases.
Minicoin is a utility coin developed and issued by Mini Labs under an official license granted by IPX to use its globally popular ‘minini’ character IP. Its blockchain-based ecosystem seeks to transparently record activities generated through interactions between IP and fans, including creation, consumption, and transactions, and link them to registration and settlement processes.
The minicoin payment service is planned for phased rollout across LINE FRIENDS stores in Korea and abroad, with a rollout targeted for the first half of 2027. The service is expected to offer international visitors and overseas fans additional payment options. K-POP SQUARE, which opened in the heart of Seoul’s Hongdae district in June 2025, welcomed over one million visitors in its first year, approximately 80% of whom were international fans from more than 90 countries. As digital assets gain traction as payment methods worldwide, the service is expected to see strong demand.
“This service rollout marks an important step toward using digital assets to purchase physical merchandise, beyond trading and use within specific platforms,” said an IPX official. “We believe that the value of IP can grow further as it expands beyond connecting with fans through content and products to finding new ways to engage with them across the digital IP ecosystem. We will continue to explore new IP business opportunities that connect IP, fans, and commerce together in this evolving landscape.”
About IPX (F.K.A. LINE FRIENDS)
IPX is the new corporate name of LINE FRIENDS, a global character brand that started with original characters including BROWN, CONY, and SALLY, created for use as stickers for the leading mobile messenger app LINE and its 200 million active users worldwide. IPX has announced a new business strategy that it would accelerate the global expansion of its IP businesses by diversifying its IP portfolios targeting all ages and advancing its digital and retail business. IPX provides diverse IP experiences including BT21(BTS), ZO&FRIENDS(G-DRAGON), minini, and JOGUMAN. It has also carried out its IP-based business by partnering with global companies including Netflix (original animated series) and HoYoverse (Genshin Impact) to win the hearts of over 50 million Millennials and Generation Z worldwide. IPX currently operates in 18 markets worldwide, including Seoul, New York, LA, Tokyo, and Shanghai, and operates on 8 online sales platforms.
ContactsManager
Jiwoo Hong
Burson
jiwoo.hong@bursonglobal.com
Sr. Director
Hanna Park
Burson
hanna.park@bursonglobal.com
Article
Three Altcoins Flash Buy Signals as TOTAL3 Market RecoversAnalyst identifies buy signals for SUI, AAVE and LINK, with upside targets of $1.11, $146 and $12.71, respectively. TOTAL3 gained 0.09% to $753.89 billion after falling from about $840 billion in October; $760 billion is immediate resistance. TOTAL3’s RSI climbed to 56.19 and MACD turned bullish, but a break below $740 billion could expose support near $730 billion. Three altcoins have recorded fresh buy signals on their three-day charts as the wider market attempts to recover from its October decline. Analyst Ali Charts identified Sui, Aave and Chainlink as rebound candidates, while TOTAL3 reached $753.89 billion. However, each token faces resistance levels that must be cleared during the latest market update. Ali Charts Identifies Three Altcoin Buy Signals According to Ali Charts, Sui is showing a TD Sequential buy signal on the three-day chart. The analyst identified $0.90 as immediate resistance. A break above it could put $1.11 in view, followed by the setup resistance trendline near $1.20. https://twitter.com/alicharts/status/2117896915035795885?a=rxC-9IMZ_NcHcniFzgg&s=20 Aave has also produced a three-day TD Sequential buy signal. Ali Charts said stronger buying pressure could support a rebound toward $146. A move above that level could bring the setup resistance trendline near $176 into focus. Chainlink completes the group with its own three-day buy signal. The analyst highlighted $11.30 as LINK’s key resistance. A break above it could open a path toward $12.71, followed by the setup resistance trendline around $14. Ali Charts said prices must confirm the signals for all three assets. TOTAL3 Rebounds From Early November Lows The altcoin market capitalization has also begun recovering. TOTAL3, which excludes Bitcoin and Ethereum, stood at $753.89 billion on the latest four-hour candle. It gained approximately $684.77 million, or 0.09%. Source: TradingView The candle opened at $753.2 billion, reached $754.07 billion and recorded a low of $753.2 billion. Trading volume stood at $118.41 billion. However, TOTAL3 fell from roughly $840 billion in early October toward $735 billion in early November. The $740 billion area represents immediate support, while $760 billion is the first major resistance. A break above $760 billion could expose $780 billion and then $800 billion. Conversely, losing $740 billion could bring $730 billion into view. RSI and MACD Readings Improve The Relative Strength Index stood at 56.19, above its signal average of 48.21. It has moved above the neutral 50 level but remains below overbought territory. The Moving Average Convergence Divergence indicator has also turned bullish. Its histogram reached approximately $2 billion, while the MACD line stood at $1.03 billion. The signal line remained at negative $974.86 million.

Three Altcoins Flash Buy Signals as TOTAL3 Market Recovers

Analyst identifies buy signals for SUI, AAVE and LINK, with upside targets of $1.11, $146 and $12.71, respectively.
TOTAL3 gained 0.09% to $753.89 billion after falling from about $840 billion in October; $760 billion is immediate resistance.
TOTAL3’s RSI climbed to 56.19 and MACD turned bullish, but a break below $740 billion could expose support near $730 billion.
Three altcoins have recorded fresh buy signals on their three-day charts as the wider market attempts to recover from its October decline. Analyst Ali Charts identified Sui, Aave and Chainlink as rebound candidates, while TOTAL3 reached $753.89 billion. However, each token faces resistance levels that must be cleared during the latest market update.
Ali Charts Identifies Three Altcoin Buy Signals
According to Ali Charts, Sui is showing a TD Sequential buy signal on the three-day chart. The analyst identified $0.90 as immediate resistance. A break above it could put $1.11 in view, followed by the setup resistance trendline near $1.20.
https://twitter.com/alicharts/status/2117896915035795885?a=rxC-9IMZ_NcHcniFzgg&s=20
Aave has also produced a three-day TD Sequential buy signal. Ali Charts said stronger buying pressure could support a rebound toward $146. A move above that level could bring the setup resistance trendline near $176 into focus.
Chainlink completes the group with its own three-day buy signal. The analyst highlighted $11.30 as LINK’s key resistance. A break above it could open a path toward $12.71, followed by the setup resistance trendline around $14. Ali Charts said prices must confirm the signals for all three assets.
TOTAL3 Rebounds From Early November Lows
The altcoin market capitalization has also begun recovering. TOTAL3, which excludes Bitcoin and Ethereum, stood at $753.89 billion on the latest four-hour candle. It gained approximately $684.77 million, or 0.09%.
Source: TradingView
The candle opened at $753.2 billion, reached $754.07 billion and recorded a low of $753.2 billion. Trading volume stood at $118.41 billion. However, TOTAL3 fell from roughly $840 billion in early October toward $735 billion in early November.
The $740 billion area represents immediate support, while $760 billion is the first major resistance. A break above $760 billion could expose $780 billion and then $800 billion. Conversely, losing $740 billion could bring $730 billion into view.
RSI and MACD Readings Improve
The Relative Strength Index stood at 56.19, above its signal average of 48.21. It has moved above the neutral 50 level but remains below overbought territory.
The Moving Average Convergence Divergence indicator has also turned bullish. Its histogram reached approximately $2 billion, while the MACD line stood at $1.03 billion. The signal line remained at negative $974.86 million.
Article
House Democrats Weigh New Crypto Bill (CLARITY Act) With Expanded SEC OversightThe proposal could revive Waters’ protections, including customer fund segregation, 24-hour withdrawals and monthly proof-of-reserves reports. Democrats are considering a larger SEC role and more limited CFTC authority, reversing the House-passed CLARITY Act’s approach. The bill remains under discussion for the next Congress in January 2027, with no finalized draft, agreement or legislative timetable. House Democrats are discussing a broader crypto market structure bill that could expand SEC oversight and revive rejected investor protections. The proposal would build on Maxine Waters’ 2025 Crypto Investor and Consumer Bill of Rights amendment. Journalist Eleanor Terrett reported that discussions involve provisions from earlier House and Senate negotiations. Democrats Seek to Expand Waters’ Crypto Protections According to Terrett, three industry sources familiar with discussions involving Democratic staffers described the proposal. Lawmakers have not introduced a new bill. Waters proposed her investor protections during the House debate over the CLARITY Act in 2025.  Her amendment included customer fund segregation, 24-hour withdrawal processing, and monthly proof-of-reserves reports from auditors. It also sought protection against front-running and round-the-clock customer support. However, the House did not adopt those provisions. The broader proposal could also incorporate measures Senate Democrats negotiated with Republicans before September’s failed cloture vote. The legislation needed 60 votes to advance toward debate. Proposal Could Shift SEC and CFTC Responsibilities The discussions include giving the Securities and Exchange Commission a larger role in crypto market supervision. Meanwhile, the Commodity Futures Trading Commission could receive more limited authority. That approach differs from the House-passed CLARITY Act, which assigned the CFTC primary jurisdiction over digital commodities and intermediaries. Democrats are also considering additional ethics restrictions involving President Donald Trump and other federal officials.  Waters previously proposed the Stop TRUMP in Crypto Act, which sought limits on certain digital-asset transactions involving lawmakers and relatives. Republicans have reportedly dismissed the latest effort as a “messaging bill.” No complete draft or finalized agreement on oversight and ethics provisions has emerged. Next Congress Faces Renewed Crypto Legislation Debate The discussions concern legislation for the next Congress, beginning in January 2027. The supplied report also identifies November 3 election victories as part of the political backdrop. Ripple CEO Brad Garlinghouse said pro-crypto candidates won across both parties. He called for clear rules developed in the United States. Ripple Chief Legal Officer Stuart Alderoty also urged bipartisan cooperation on digital-asset regulation. However, lawmakers have not announced a timetable for the proposed bill. The CLARITY Act also lacks a scheduled Senate vote.

House Democrats Weigh New Crypto Bill (CLARITY Act) With Expanded SEC Oversight

The proposal could revive Waters’ protections, including customer fund segregation, 24-hour withdrawals and monthly proof-of-reserves reports.
Democrats are considering a larger SEC role and more limited CFTC authority, reversing the House-passed CLARITY Act’s approach.
The bill remains under discussion for the next Congress in January 2027, with no finalized draft, agreement or legislative timetable.
House Democrats are discussing a broader crypto market structure bill that could expand SEC oversight and revive rejected investor protections. The proposal would build on Maxine Waters’ 2025 Crypto Investor and Consumer Bill of Rights amendment. Journalist Eleanor Terrett reported that discussions involve provisions from earlier House and Senate negotiations.
Democrats Seek to Expand Waters’ Crypto Protections
According to Terrett, three industry sources familiar with discussions involving Democratic staffers described the proposal. Lawmakers have not introduced a new bill. Waters proposed her investor protections during the House debate over the CLARITY Act in 2025.
Her amendment included customer fund segregation, 24-hour withdrawal processing, and monthly proof-of-reserves reports from auditors. It also sought protection against front-running and round-the-clock customer support. However, the House did not adopt those provisions.
The broader proposal could also incorporate measures Senate Democrats negotiated with Republicans before September’s failed cloture vote. The legislation needed 60 votes to advance toward debate.
Proposal Could Shift SEC and CFTC Responsibilities
The discussions include giving the Securities and Exchange Commission a larger role in crypto market supervision. Meanwhile, the Commodity Futures Trading Commission could receive more limited authority.
That approach differs from the House-passed CLARITY Act, which assigned the CFTC primary jurisdiction over digital commodities and intermediaries. Democrats are also considering additional ethics restrictions involving President Donald Trump and other federal officials.
Waters previously proposed the Stop TRUMP in Crypto Act, which sought limits on certain digital-asset transactions involving lawmakers and relatives. Republicans have reportedly dismissed the latest effort as a “messaging bill.” No complete draft or finalized agreement on oversight and ethics provisions has emerged.
Next Congress Faces Renewed Crypto Legislation Debate
The discussions concern legislation for the next Congress, beginning in January 2027. The supplied report also identifies November 3 election victories as part of the political backdrop. Ripple CEO Brad Garlinghouse said pro-crypto candidates won across both parties. He called for clear rules developed in the United States.
Ripple Chief Legal Officer Stuart Alderoty also urged bipartisan cooperation on digital-asset regulation. However, lawmakers have not announced a timetable for the proposed bill. The CLARITY Act also lacks a scheduled Senate vote.
Article
Bitcoin Holds $80K as Traders Test Key Cost-Basis Levels, Says CryptoQuantGlassnode reports trading volume remains above its August low, while short-term holders transferred 28,690 BTC in profit to exchanges within 24 hours. Bitcoin is testing Darkfost's $80,800 volume-weighted realized price, a key break-even level for invested capital. CryptoQuant warns that holding above the Trader Realized Price could support recovery, while a failed reclaim may turn the level into resistance and expose BTC to further downside. Bitcoin is holding above $80,000 despite fresh profit-taking by short-term holders following its recent rally. Glassnode says trading volume remains above its August low, even after the latest market pullback. Meanwhile, Darkfost, Doctor Profit, and CryptoQuant are monitoring key cost-basis levels that could determine whether recent buyers defend their positions. Trading Activity Holds Above August's Low Glassnode said Bitcoin trading volume had fallen to its lowest level since 2023 before a spike in August. However, volume has remained above that low despite BTC's recent pullback. The data points to continued trading interest after months of limited activity. Darkfost reported that short-term holders sent 28,690 BTC in profit to exchanges over 24 hours. The transfers came as Bitcoin rallied above $80,000. Despite the selling, BTC closed the day above $80,000 and its 21-day and 50-day exponential moving averages. https://twitter.com/Darkfost_Coc/status/2118236266835661192?a=AMABAKW7EaKD0sd2Y6c&s=20 Bitcoin Tests Two Important Cost-Basis Levels Darkfost also placed Bitcoin's volume-weighted realized price near $80,800. This measure weights acquired supply by its dollar volume and estimates the average break-even price of invested capital. Bitcoin is now trading near that level, where holders' positions move between unrealized profit and loss. https://twitter.com/Darkfost_Coc/status/2118085438745256399?a=618uO-FeSxHVWlmvJlY&s=20 CryptoQuant separately said BTC is testing the Trader Realized Price. The metric tracks the average acquisition price of coins last moved between one and three months ago. CryptoQuant said the level can act as support when price holds above it. If BTC falls below and fails to reclaim it, recent buyers could move into losses, turning the level into resistance. https://twitter.com/cryptoquant_com/status/2117903607433478375?a=xJpbVOz21rKThnibdGo&s=20 Analysts Watch for a Stronger Reclaim Doctor Profit identified “Level 2” as the next area to watch after panic selling linked to a hack. The analyst said a break followed by a reclaim, confirmed by daily closes above the level, would suggest buyers had absorbed the selling and were regaining control. A brief touch alone would not meet that condition. Source: Doctor Profit CryptoQuant likewise said the market's reaction to the Trader Realized Price matters more than treating it as a guaranteed bottom. A sustained hold could show recent participants' cost basis remains support. A failed reclaim could instead expose Bitcoin to further downside pressure.

Bitcoin Holds $80K as Traders Test Key Cost-Basis Levels, Says CryptoQuant

Glassnode reports trading volume remains above its August low, while short-term holders transferred 28,690 BTC in profit to exchanges within 24 hours.
Bitcoin is testing Darkfost's $80,800 volume-weighted realized price, a key break-even level for invested capital.
CryptoQuant warns that holding above the Trader Realized Price could support recovery, while a failed reclaim may turn the level into resistance and expose BTC to further downside.
Bitcoin is holding above $80,000 despite fresh profit-taking by short-term holders following its recent rally. Glassnode says trading volume remains above its August low, even after the latest market pullback. Meanwhile, Darkfost, Doctor Profit, and CryptoQuant are monitoring key cost-basis levels that could determine whether recent buyers defend their positions.
Trading Activity Holds Above August's Low
Glassnode said Bitcoin trading volume had fallen to its lowest level since 2023 before a spike in August. However, volume has remained above that low despite BTC's recent pullback. The data points to continued trading interest after months of limited activity.
Darkfost reported that short-term holders sent 28,690 BTC in profit to exchanges over 24 hours. The transfers came as Bitcoin rallied above $80,000. Despite the selling, BTC closed the day above $80,000 and its 21-day and 50-day exponential moving averages.
https://twitter.com/Darkfost_Coc/status/2118236266835661192?a=AMABAKW7EaKD0sd2Y6c&s=20
Bitcoin Tests Two Important Cost-Basis Levels
Darkfost also placed Bitcoin's volume-weighted realized price near $80,800. This measure weights acquired supply by its dollar volume and estimates the average break-even price of invested capital. Bitcoin is now trading near that level, where holders' positions move between unrealized profit and loss.
https://twitter.com/Darkfost_Coc/status/2118085438745256399?a=618uO-FeSxHVWlmvJlY&s=20
CryptoQuant separately said BTC is testing the Trader Realized Price. The metric tracks the average acquisition price of coins last moved between one and three months ago. CryptoQuant said the level can act as support when price holds above it. If BTC falls below and fails to reclaim it, recent buyers could move into losses, turning the level into resistance.
https://twitter.com/cryptoquant_com/status/2117903607433478375?a=xJpbVOz21rKThnibdGo&s=20
Analysts Watch for a Stronger Reclaim
Doctor Profit identified “Level 2” as the next area to watch after panic selling linked to a hack. The analyst said a break followed by a reclaim, confirmed by daily closes above the level, would suggest buyers had absorbed the selling and were regaining control. A brief touch alone would not meet that condition.
Source: Doctor Profit
CryptoQuant likewise said the market's reaction to the Trader Realized Price matters more than treating it as a guaranteed bottom. A sustained hold could show recent participants' cost basis remains support. A failed reclaim could instead expose Bitcoin to further downside pressure.
Article
Stellar Tokenization Grows as U.S. Bank Tests USBDCStellar’s tokenized private equity market grew 57.05% in 30 days, reaching $26.9 million, according to figures shared by X Finance Bull. Active strategies and U.S. Treasury debt account for nearly 70% of Stellar’s reported real-world asset value. U.S. Bank completed a live USBDC payment pilot on Stellar, testing cross-border transfers and essential stablecoin controls. Stellar tokenization is gaining ground as private equity expands and major institutions test blockchain payments. U.S. Bank has completed a live stablecoin pilot using the network. Private Equity Records the Fastest Growth X Finance Bull shared figures showing stronger activity across Stellar’s tokenized asset market. Private equity recorded 57.05% growth over 30 days, reaching $26.9 million. That was the fastest increase among the asset categories shown. https://twitter.com/Xfinancebull/status/2116998966923465215?a=lsuy7Q5vLhP75PkQMEo&s=20 However, private equity remains relatively small beside Stellar’s larger tokenized markets. Active strategies hold approximately $1.7 billion, representing 38.41% of the reported market value. Their 30-day growth reached 21.60%, according to the supplied figures. U.S. Treasury debt follows with approximately $1.4 billion in tokenized assets. The category gained 13.80% during the same 30-day period. Its reported market share stands at 31.39%, placing it behind active strategies. Together, active strategies and Treasury debt account for nearly 70% of reported value. This concentration shows where most of Stellar’s tokenized asset activity currently sits. Private equity is growing faster, but its contribution remains comparatively modest. Other Asset Categories Show Mixed Results Corporate credit holds approximately $516.8 million across four reported products. Its value changed by just 0.01% over the measured period. Non-U.S. government debt, meanwhile, declined 8.81% to $262.3 million. Real estate recorded no change, retaining a reported value of $71.7 million. Stocks fell 3.54% to $27.3 million during the same period. Commodities fell 6.22% and diversified credit lost 0.22%. Specialty finance was up 1.00% over 30 days to $4.5 million. Private equity and active strategies therefore lead the reported growth figures. Several other categories have yet to show comparable expansion. The figures present a market with clear differences between asset classes. Larger investment products carry most of the value, while smaller segments fluctuate. Sustained growth across additional categories would provide a wider measure of adoption. U.S. Bank Completes USBDC Pilot on Stellar U.S. Bank announced its successful live pilot transaction on September 9, 2026. The payment used USBDC, the bank’s proprietary dollar-backed stablecoin. It transferred value between the bank’s North American and European entities. The transaction took place on Stellar’s public blockchain. U.S. Bank tested minting, payment, redemption, freezing and clawback functions. These controls allow the bank to manage its stablecoin throughout its lifecycle. The pilot also tested U.S. Bank’s internally developed Digital Asset Platform. That platform links the blockchain with current finance, risk, compliance and operations systems. The integration allows the bank to remain in the same control on chain transfers. U.S. Bank CEO Gunjan Kedia described the transaction as a step forward. The bank is examining ways to improve global cash management and money movement. Its work with Stellar also builds on an existing strategic relationship. Future applications under review include liquidity management and collateral mobility. The bank is also examining cross-border treasury operations and related institutional services. However, the announcement describes a pilot, not a public stablecoin rollout. For Stellar, the transaction provides a working example of institutional payment infrastructure. Meanwhile, the RWA figures show substantial value concentrated in tokenized investment products. Neither development automatically guarantees higher demand for XLM. Further adoption will depend on commercial deployment, transaction activity and actual network usage.

Stellar Tokenization Grows as U.S. Bank Tests USBDC

Stellar’s tokenized private equity market grew 57.05% in 30 days, reaching $26.9 million, according to figures shared by X Finance Bull.
Active strategies and U.S. Treasury debt account for nearly 70% of Stellar’s reported real-world asset value.
U.S. Bank completed a live USBDC payment pilot on Stellar, testing cross-border transfers and essential stablecoin controls.
Stellar tokenization is gaining ground as private equity expands and major institutions test blockchain payments. U.S. Bank has completed a live stablecoin pilot using the network.
Private Equity Records the Fastest Growth
X Finance Bull shared figures showing stronger activity across Stellar’s tokenized asset market. Private equity recorded 57.05% growth over 30 days, reaching $26.9 million. That was the fastest increase among the asset categories shown.
https://twitter.com/Xfinancebull/status/2116998966923465215?a=lsuy7Q5vLhP75PkQMEo&s=20
However, private equity remains relatively small beside Stellar’s larger tokenized markets. Active strategies hold approximately $1.7 billion, representing 38.41% of the reported market value. Their 30-day growth reached 21.60%, according to the supplied figures.
U.S. Treasury debt follows with approximately $1.4 billion in tokenized assets. The category gained 13.80% during the same 30-day period. Its reported market share stands at 31.39%, placing it behind active strategies.
Together, active strategies and Treasury debt account for nearly 70% of reported value. This concentration shows where most of Stellar’s tokenized asset activity currently sits. Private equity is growing faster, but its contribution remains comparatively modest.
Other Asset Categories Show Mixed Results
Corporate credit holds approximately $516.8 million across four reported products. Its value changed by just 0.01% over the measured period. Non-U.S. government debt, meanwhile, declined 8.81% to $262.3 million.
Real estate recorded no change, retaining a reported value of $71.7 million. Stocks fell 3.54% to $27.3 million during the same period. Commodities fell 6.22% and diversified credit lost 0.22%.
Specialty finance was up 1.00% over 30 days to $4.5 million. Private equity and active strategies therefore lead the reported growth figures. Several other categories have yet to show comparable expansion.
The figures present a market with clear differences between asset classes. Larger investment products carry most of the value, while smaller segments fluctuate. Sustained growth across additional categories would provide a wider measure of adoption.
U.S. Bank Completes USBDC Pilot on Stellar
U.S. Bank announced its successful live pilot transaction on September 9, 2026. The payment used USBDC, the bank’s proprietary dollar-backed stablecoin. It transferred value between the bank’s North American and European entities.
The transaction took place on Stellar’s public blockchain. U.S. Bank tested minting, payment, redemption, freezing and clawback functions. These controls allow the bank to manage its stablecoin throughout its lifecycle.
The pilot also tested U.S. Bank’s internally developed Digital Asset Platform. That platform links the blockchain with current finance, risk, compliance and operations systems. The integration allows the bank to remain in the same control on chain transfers.
U.S. Bank CEO Gunjan Kedia described the transaction as a step forward. The bank is examining ways to improve global cash management and money movement. Its work with Stellar also builds on an existing strategic relationship.
Future applications under review include liquidity management and collateral mobility. The bank is also examining cross-border treasury operations and related institutional services. However, the announcement describes a pilot, not a public stablecoin rollout.
For Stellar, the transaction provides a working example of institutional payment infrastructure. Meanwhile, the RWA figures show substantial value concentrated in tokenized investment products. Neither development automatically guarantees higher demand for XLM. Further adoption will depend on commercial deployment, transaction activity and actual network usage.
Article
Justin Sun Seeks Sanctions Over World Liberty’s UAE TiesJustin Sun is seeking sanctions over World Liberty Financial's alleged failure to disclose its UAE citizenship in an initial court filing. World Liberty amended its ownership disclosure after an August hearing, identifying 22 members across Florida, Delaware, Puerto Rico and the UAE. Sun plans to refile his lawsuit in California state court after the sanctions motion is resolved, following the dispute over frozen $45 million WLFI tokens. Tron founder Justin Sun is seeking sanctions against Trump-linked World Liberty Financial and its lawyers, accusing them of hiding the company’s United Arab Emirates citizenship from a California federal court. Sun announced the motion on November 3, months into his lawsuit over frozen WLFI tokens. Sun Challenges World Liberty’s Disclosure Sun said he agreed to buy $30 million in WLFI tokens in November 2024, later raising his investment to $45 million. He described himself as one of World Liberty’s earliest and largest investors. In April, Sun sued the company, alleging fraud and the unlawful freezing of his tokens. His purchase agreement allowed claims in California state or federal court, and he chose federal court. Sun said federal diversity rules require parties to have different citizenship.  A company takes on the citizenship of its owners for this purpose. World Liberty’s initial disclosure listed only itself and Florida as its sole citizenship. Its lawyers certified they knew of no other owners requiring disclosure, Sun said. UAE Ownership Appeared After August Hearing World Liberty sought private arbitration, but Sun opposed the request. He said his lawyers spent months and hundreds of thousands of dollars fighting it. At an August hearing, the court ruled that some claims should remain in open court and others go to arbitration. Less than a week later, World Liberty amended its disclosure, identifying 22 members in its ownership chain. The revised filing listed Florida, Delaware, Puerto Rico, and the UAE, according to Sun. World Liberty now argues that the federal court lacks jurisdiction because both sides include foreign parties. Sun Plans to Refile in California Sun said World Liberty’s lawyers claimed they learned about the UAE citizenship only after filing the original disclosure. He argued that either they failed to check properly or the company gave them incomplete information. He said World Liberty refused to explain the omission. His motion seeks sanctions against the company and its lawyers over what he calls a misleading court filing. Sun cited World Liberty’s public description of itself as an American, tax-paying corporation that was not organized offshore. World Liberty countersued Sun in May, calling his claims a “meritless PR stunt.” The company previously defended freezing his tokens and could not be reached for comment on the latest allegations. Sun said he will refile in California state court after the sanctions motion is resolved.

Justin Sun Seeks Sanctions Over World Liberty’s UAE Ties

Justin Sun is seeking sanctions over World Liberty Financial's alleged failure to disclose its UAE citizenship in an initial court filing.
World Liberty amended its ownership disclosure after an August hearing, identifying 22 members across Florida, Delaware, Puerto Rico and the UAE.
Sun plans to refile his lawsuit in California state court after the sanctions motion is resolved, following the dispute over frozen $45 million WLFI tokens.
Tron founder Justin Sun is seeking sanctions against Trump-linked World Liberty Financial and its lawyers, accusing them of hiding the company’s United Arab Emirates citizenship from a California federal court. Sun announced the motion on November 3, months into his lawsuit over frozen WLFI tokens.
Sun Challenges World Liberty’s Disclosure
Sun said he agreed to buy $30 million in WLFI tokens in November 2024, later raising his investment to $45 million. He described himself as one of World Liberty’s earliest and largest investors.
In April, Sun sued the company, alleging fraud and the unlawful freezing of his tokens. His purchase agreement allowed claims in California state or federal court, and he chose federal court. Sun said federal diversity rules require parties to have different citizenship.
A company takes on the citizenship of its owners for this purpose. World Liberty’s initial disclosure listed only itself and Florida as its sole citizenship. Its lawyers certified they knew of no other owners requiring disclosure, Sun said.
UAE Ownership Appeared After August Hearing
World Liberty sought private arbitration, but Sun opposed the request. He said his lawyers spent months and hundreds of thousands of dollars fighting it.
At an August hearing, the court ruled that some claims should remain in open court and others go to arbitration. Less than a week later, World Liberty amended its disclosure, identifying 22 members in its ownership chain.
The revised filing listed Florida, Delaware, Puerto Rico, and the UAE, according to Sun. World Liberty now argues that the federal court lacks jurisdiction because both sides include foreign parties.
Sun Plans to Refile in California
Sun said World Liberty’s lawyers claimed they learned about the UAE citizenship only after filing the original disclosure. He argued that either they failed to check properly or the company gave them incomplete information. He said World Liberty refused to explain the omission.
His motion seeks sanctions against the company and its lawyers over what he calls a misleading court filing. Sun cited World Liberty’s public description of itself as an American, tax-paying corporation that was not organized offshore.
World Liberty countersued Sun in May, calling his claims a “meritless PR stunt.” The company previously defended freezing his tokens and could not be reached for comment on the latest allegations. Sun said he will refile in California state court after the sanctions motion is resolved.
Article
Grayscale Says $6B Binance Hack Highlights Crypto Custody RisksBinance says it has restored 95% of affected assets, with the remaining 5% involving less liquid tokens that require more time to recover. Tether and Circle froze approximately $2.9 billion, representing 45% of the stolen funds, while Binance absorbed the losses. Grayscale highlights institutional custody safeguards, including segregated holdings, offline storage, multi-signature wallets and insurance, as ways to strengthen investor protection. The $6 billion Binance hack has renewed scrutiny of crypto security, although Binance says customers will not absorb the losses. Grayscale Head of Research Zach Pandl said the October 19 attack, attributed to North Korea, highlights institutional custody. Binance has restored 95% of affected assets, while stablecoin issuers froze about $2.9 billion. https://twitter.com/Grayscale/status/2117730184187310371?a=lK-lCg3pFp2nOz7VMQc&s=20 Binance Restores Most Affected Customer Assets Pandl said the breach pushed reported crypto security losses above $8 billion in 2026. Excluding the Binance incident, this year's losses remain comparable to 2025. He also noted that losses have declined relative to total crypto market capitalization over time. Binance said it had covered 95% of affected assets when Grayscale published its assessment. The remaining 5% consists of less liquid tokens and will take longer to restore. Grayscale said Binance absorbed the loss on its balance sheet. Stablecoin issuers froze approximately $2.9 billion, or 45% of the stolen funds. Tether and Circle were among the issuers involved. Pandl said issuers regularly cooperate with law enforcement and expected the frozen assets to return to Binance. Grayscale Highlights Institutional Crypto Custody Pandl described the hack as a possible temporary setback for market confidence. However, he expects the incident to encourage stronger security practices across crypto exchanges. He also emphasized institutional custody for digital assets. According to Pandl, more U.S. investors are using crypto exchange-traded products, or ETPs, to gain digital asset exposure. These products provide access through institutional custody. Their safeguards typically include segregated holdings, offline storage, multi-signature wallets, strict internal procedures, and insurance. Some crypto ETPs also allow investors to contribute tokens in-kind. Pandl said this can preserve an investor's original cost basis while upgrading asset security. Hack Raises Questions About Exchange Security Standards Grayscale said the attack highlights differences between exchange holdings and institutional custody. Its report said U.S.-based ETPs hold assets with state-chartered banks and qualified custodians. Those arrangements typically include offline storage, multi-signature wallets, SOC attestations, and insurance. Pandl said the Binance incident could lead exchanges to strengthen security practices. The report also identified institutional custody as an important consideration for U.S. crypto investors.

Grayscale Says $6B Binance Hack Highlights Crypto Custody Risks

Binance says it has restored 95% of affected assets, with the remaining 5% involving less liquid tokens that require more time to recover.
Tether and Circle froze approximately $2.9 billion, representing 45% of the stolen funds, while Binance absorbed the losses.
Grayscale highlights institutional custody safeguards, including segregated holdings, offline storage, multi-signature wallets and insurance, as ways to strengthen investor protection.
The $6 billion Binance hack has renewed scrutiny of crypto security, although Binance says customers will not absorb the losses. Grayscale Head of Research Zach Pandl said the October 19 attack, attributed to North Korea, highlights institutional custody. Binance has restored 95% of affected assets, while stablecoin issuers froze about $2.9 billion.
https://twitter.com/Grayscale/status/2117730184187310371?a=lK-lCg3pFp2nOz7VMQc&s=20
Binance Restores Most Affected Customer Assets
Pandl said the breach pushed reported crypto security losses above $8 billion in 2026. Excluding the Binance incident, this year's losses remain comparable to 2025. He also noted that losses have declined relative to total crypto market capitalization over time.
Binance said it had covered 95% of affected assets when Grayscale published its assessment. The remaining 5% consists of less liquid tokens and will take longer to restore. Grayscale said Binance absorbed the loss on its balance sheet.
Stablecoin issuers froze approximately $2.9 billion, or 45% of the stolen funds. Tether and Circle were among the issuers involved. Pandl said issuers regularly cooperate with law enforcement and expected the frozen assets to return to Binance.
Grayscale Highlights Institutional Crypto Custody
Pandl described the hack as a possible temporary setback for market confidence. However, he expects the incident to encourage stronger security practices across crypto exchanges. He also emphasized institutional custody for digital assets.
According to Pandl, more U.S. investors are using crypto exchange-traded products, or ETPs, to gain digital asset exposure. These products provide access through institutional custody. Their safeguards typically include segregated holdings, offline storage, multi-signature wallets, strict internal procedures, and insurance.
Some crypto ETPs also allow investors to contribute tokens in-kind. Pandl said this can preserve an investor's original cost basis while upgrading asset security.
Hack Raises Questions About Exchange Security Standards
Grayscale said the attack highlights differences between exchange holdings and institutional custody. Its report said U.S.-based ETPs hold assets with state-chartered banks and qualified custodians.
Those arrangements typically include offline storage, multi-signature wallets, SOC attestations, and insurance. Pandl said the Binance incident could lead exchanges to strengthen security practices. The report also identified institutional custody as an important consideration for U.S. crypto investors.
Article
Ripple Expands RLUSD Custody With Standard Chartered Ripple’s reported 1 billion XRP escrow release does not mean the full amount entered circulation or reached cryptocurrency exchanges. Standard Chartered has launched RLUSD custody through its regulated DIFC branch, giving eligible institutions access to bank-backed asset protection. Ripple, Standard Chartered and LMAX are preparing a collateral arrangement for eligible RLUSD holdings across institutional trading services. RLUSD custody is gaining institutional support as Ripple manages XRP escrow releases and expands stablecoin services. Standard Chartered has launched custody support, while a separate collateral arrangement remains under development. Ripple’s Monthly XRP Release Draws Attention ALLINCRYPTO (@RealAllinCrypto) reported that Ripple had unlocked 1 billion XRP from escrow. The account cautioned readers against interpreting the release as an immediate market sale. Ripple routinely returns substantial portions of its monthly releases to escrow. https://twitter.com/RealAllinCrypto/status/2117013995211080175?a=EeIksakUc1PZGxaUCRc&s=20 The escrow system follows a scheduled release structure established by Ripple. Tokens become available each month under previously created contracts. Ripple can use portions while returning unused amounts to new escrow agreements. Consequently, the gross release figure does not represent new exchange supply. Some tokens may remain in company-controlled wallets or support business operations. Their subsequent movement determines whether additional supply reaches active markets. Traders must distinguish escrow releases from completed market transactions. Transfers to exchanges, internal movements and actual sales are separate events. Without verified transaction records, a billion-token sell-off cannot be assumed. Standard Chartered Launches RLUSD Custody Standard Chartered announced its RLUSD custody service on October 12, 2026. The service supports Ripple’s dollar-backed stablecoin issued on the XRP Ledger. Eligible institutional clients can access it through the bank’s DIFC branch. The branch operates under Dubai Financial Services Authority regulation. Clients gain access to Standard Chartered’s digital asset custody infrastructure. This gives institutions another established banking provider for safeguarding RLUSD holdings. RLUSD and XRP serve different functions within Ripple’s ecosystem. RLUSD is designed to maintain a value linked to the U.S. dollar. There is still no native token of the XRP Ledger, and the coin XRP is used for separate purposes. XRP was at the time of writing trading near $1.25. That market price does not directly measure demand for RLUSD. Stablecoin custody and XRP trading activity require separate assessment. Ripple and LMAX Prepare a Collateral Arrangement The announcement also covered planned cooperation involving Ripple, Standard Chartered and LMAX Group. The companies intend to make eligible RLUSD holdings usable as collateral. The proposed arrangement covers agreed trading and collateral management products. Under the proposed model, Standard Chartered retains custody of underlying RLUSD. LMAX receives a mirrored value for eligible collateral holdings. Clients would not need to transfer tokens directly to the trading venue. This might mitigate operational risk transfer-related issues for institutional clients.It can also help reduce counterparty risk and leverage capital usage. The collateral service is not yet available, however. The companies still must complete documentation and successfully test. Other rules, approvals and readiness of jurisdictions should also be met. Additional information will be provided as implementation takes place. Standard Chartered provides custody, while LMAX supplies institutional trading infrastructure. Ripple provides RLUSD, connecting the three companies within the proposed arrangement. Each participant handles a different part of the planned service. For Ripple, this arrangement could extend RLUSD beyond ordinary stablecoin transfers. Institutions may eventually hold assets with a bank while using their value for trading. Actual adoption will depend on implementation and client participation. 

Ripple Expands RLUSD Custody With Standard Chartered 

Ripple’s reported 1 billion XRP escrow release does not mean the full amount entered circulation or reached cryptocurrency exchanges.
Standard Chartered has launched RLUSD custody through its regulated DIFC branch, giving eligible institutions access to bank-backed asset protection.
Ripple, Standard Chartered and LMAX are preparing a collateral arrangement for eligible RLUSD holdings across institutional trading services.
RLUSD custody is gaining institutional support as Ripple manages XRP escrow releases and expands stablecoin services. Standard Chartered has launched custody support, while a separate collateral arrangement remains under development.
Ripple’s Monthly XRP Release Draws Attention
ALLINCRYPTO (@RealAllinCrypto) reported that Ripple had unlocked 1 billion XRP from escrow. The account cautioned readers against interpreting the release as an immediate market sale. Ripple routinely returns substantial portions of its monthly releases to escrow.
https://twitter.com/RealAllinCrypto/status/2117013995211080175?a=EeIksakUc1PZGxaUCRc&s=20
The escrow system follows a scheduled release structure established by Ripple. Tokens become available each month under previously created contracts. Ripple can use portions while returning unused amounts to new escrow agreements.
Consequently, the gross release figure does not represent new exchange supply. Some tokens may remain in company-controlled wallets or support business operations. Their subsequent movement determines whether additional supply reaches active markets.
Traders must distinguish escrow releases from completed market transactions. Transfers to exchanges, internal movements and actual sales are separate events. Without verified transaction records, a billion-token sell-off cannot be assumed.
Standard Chartered Launches RLUSD Custody
Standard Chartered announced its RLUSD custody service on October 12, 2026. The service supports Ripple’s dollar-backed stablecoin issued on the XRP Ledger. Eligible institutional clients can access it through the bank’s DIFC branch.
The branch operates under Dubai Financial Services Authority regulation. Clients gain access to Standard Chartered’s digital asset custody infrastructure. This gives institutions another established banking provider for safeguarding RLUSD holdings.
RLUSD and XRP serve different functions within Ripple’s ecosystem. RLUSD is designed to maintain a value linked to the U.S. dollar. There is still no native token of the XRP Ledger, and the coin XRP is used for separate purposes.
XRP was at the time of writing trading near $1.25. That market price does not directly measure demand for RLUSD. Stablecoin custody and XRP trading activity require separate assessment.
Ripple and LMAX Prepare a Collateral Arrangement
The announcement also covered planned cooperation involving Ripple, Standard Chartered and LMAX Group. The companies intend to make eligible RLUSD holdings usable as collateral. The proposed arrangement covers agreed trading and collateral management products.
Under the proposed model, Standard Chartered retains custody of underlying RLUSD. LMAX receives a mirrored value for eligible collateral holdings. Clients would not need to transfer tokens directly to the trading venue.
This might mitigate operational risk transfer-related issues for institutional clients.It can also help reduce counterparty risk and leverage capital usage. The collateral service is not yet available, however.
The companies still must complete documentation and successfully test. Other rules, approvals and readiness of jurisdictions should also be met. Additional information will be provided as implementation takes place.
Standard Chartered provides custody, while LMAX supplies institutional trading infrastructure. Ripple provides RLUSD, connecting the three companies within the proposed arrangement. Each participant handles a different part of the planned service.
For Ripple, this arrangement could extend RLUSD beyond ordinary stablecoin transfers. Institutions may eventually hold assets with a bank while using their value for trading. Actual adoption will depend on implementation and client participation.
Article
CFTC Opens U.S. Markets to Individual Stock PerpetualsQualifying CFTC-registered exchanges can now offer equity perpetual futures, provided they also meet SEC registration requirements for security futures. Chairman Michael Selig says the move expands access to risk-management and price-discovery tools while reducing reliance on offshore platforms. The development follows years of regulatory uncertainty, with CFTC-SEC cooperation providing a clearer framework for equity perpetual trading. U.S. traders can now access perpetual futures tied to individual stocks through qualifying regulated exchanges. CFTC Chairman Michael S. Selig announced the development, ending years of regulatory uncertainty surrounding equity perpetuals. The contracts can trade on designated markets also registered with the SEC as notice-registered national securities exchanges for security futures products. https://twitter.com/EleanorTerrett/status/2117619881419956623?a=ccx2IVUVbEZaYWc6N0s&s=20 CFTC Opens Trading Under Joint Regulatory Oversight Selig said equity perpetual futures, also known as Equity Perps, can begin trading for the first time on qualifying CFTC-registered exchanges. These venues must also hold the required SEC registration to trade security futures products. Journalist Eleanor Terrett reported that the CFTC approved the first perpetual futures contracts linked to individual stocks. The approval allows qualifying U.S.-regulated exchanges to offer the products under CFTC and SEC oversight. Previously, regulatory uncertainty kept equity perpetual futures outside established U.S. market structures. However, the new arrangement provides a route for these contracts to enter regulated markets. Selig Cites Risk Management and Market Access Selig said perpetual futures have become widely sought tools for risk management and price discovery. He added that U.S. traders should access these products within the CFTC's regulatory framework. According to the chairman, bringing Equity Perps into regulated markets could reduce the need for American investors to use offshore, often unregulated platforms. His statement emphasized access under applicable law and existing regulatory protections. The announcement also addresses the long-running jurisdictional uncertainty surrounding security futures and equity perpetual contracts. Selig said the products had remained in a regulatory “no man's land” because of limited coordination between agencies. CFTC and SEC Address Years of Regulatory Uncertainty Selig linked the development to the Commodity Futures Modernization Act of 2000 and the CFTC-SEC Memorandum of Understanding. Both provide the foundation for cooperation between the agencies on these products. He said the CFTC and SEC had moved beyond an era of regulatory disputes. The agencies now seek to provide clearer rules and a defined path for innovative financial products. SEC Chairman Paul S. Atkins previously described the regulatory situation as a “no man's land,” Terrett reported. The latest announcement brings individual-stock perpetual futures into qualifying U.S. exchanges under joint oversight. Selig said the approach aims to keep these products within established regulatory protections rather than leaving U.S. participants dependent on offshore venues.

CFTC Opens U.S. Markets to Individual Stock Perpetuals

Qualifying CFTC-registered exchanges can now offer equity perpetual futures, provided they also meet SEC registration requirements for security futures.
Chairman Michael Selig says the move expands access to risk-management and price-discovery tools while reducing reliance on offshore platforms.
The development follows years of regulatory uncertainty, with CFTC-SEC cooperation providing a clearer framework for equity perpetual trading.
U.S. traders can now access perpetual futures tied to individual stocks through qualifying regulated exchanges. CFTC Chairman Michael S. Selig announced the development, ending years of regulatory uncertainty surrounding equity perpetuals. The contracts can trade on designated markets also registered with the SEC as notice-registered national securities exchanges for security futures products.
https://twitter.com/EleanorTerrett/status/2117619881419956623?a=ccx2IVUVbEZaYWc6N0s&s=20
CFTC Opens Trading Under Joint Regulatory Oversight
Selig said equity perpetual futures, also known as Equity Perps, can begin trading for the first time on qualifying CFTC-registered exchanges. These venues must also hold the required SEC registration to trade security futures products.
Journalist Eleanor Terrett reported that the CFTC approved the first perpetual futures contracts linked to individual stocks. The approval allows qualifying U.S.-regulated exchanges to offer the products under CFTC and SEC oversight.
Previously, regulatory uncertainty kept equity perpetual futures outside established U.S. market structures. However, the new arrangement provides a route for these contracts to enter regulated markets.
Selig Cites Risk Management and Market Access
Selig said perpetual futures have become widely sought tools for risk management and price discovery. He added that U.S. traders should access these products within the CFTC's regulatory framework.
According to the chairman, bringing Equity Perps into regulated markets could reduce the need for American investors to use offshore, often unregulated platforms. His statement emphasized access under applicable law and existing regulatory protections.
The announcement also addresses the long-running jurisdictional uncertainty surrounding security futures and equity perpetual contracts. Selig said the products had remained in a regulatory “no man's land” because of limited coordination between agencies.
CFTC and SEC Address Years of Regulatory Uncertainty
Selig linked the development to the Commodity Futures Modernization Act of 2000 and the CFTC-SEC Memorandum of Understanding. Both provide the foundation for cooperation between the agencies on these products.
He said the CFTC and SEC had moved beyond an era of regulatory disputes. The agencies now seek to provide clearer rules and a defined path for innovative financial products.
SEC Chairman Paul S. Atkins previously described the regulatory situation as a “no man's land,” Terrett reported. The latest announcement brings individual-stock perpetual futures into qualifying U.S. exchanges under joint oversight.
Selig said the approach aims to keep these products within established regulatory protections rather than leaving U.S. participants dependent on offshore venues.
Article
NEAR Mobile Hits #1 in Finance App Rankings and Charts Across 38 Countries as NEAR Ecosystem Gain...Escaldes-Engordany, Andorra, November 4th, 2026, Chainwire With over 1 million downloads, the NEAR ecosystem's largest mobile wallet expands its global reach while launching gasless cross-chain swaps across 120+ assets and 35+ blockchains powered by NEAR Intents. NEAR Mobile is gaining international traction, appearing in App Store rankings across 38 countries over a recent 31-day period, according to app ranking data from Toplify. The self-custodial wallet reached #1 in Finance in Serbia, #2 in Hungary, and #4 in Moldova and Oman, highlighting its growing visibility across international markets. NEAR Mobile also recently reached #7 in Finance in Finland and Nigeria. These milestones come amid growing attention around the NEAR ecosystem and its chain abstraction infrastructure. NEAR Intents, the protocol powering cross-chain execution across the ecosystem, has surpassed $33 billion in cumulative volume across 35 blockchains. With more than one million downloads, NEAR Mobile is the largest mobile wallet in the NEAR ecosystem and continues to expand its capabilities with version 4.0.0, introducing a gasless experience designed to make blockchain interactions significantly simpler. From Global Adoption to a Gasless Multichain Experience As NEAR Mobile expands its international reach, its latest update addresses one of crypto's biggest usability challenges: gas fees. Traditionally, users interacting with multiple blockchains must maintain different native tokens to pay transaction fees, even when they already hold the assets they want to transfer or swap. With version 4.0.0, NEAR Mobile sponsors relayer fees for supported transactions, enabling users to swap and move assets across supported networks without needing to hold NEAR or maintain native gas tokens across different blockchains. Powered by NEAR Intents, NEAR Mobile provides access to more than 120 assets across 35+ blockchains, combining cross-chain execution, unified balances, staking and self-custodial asset management in a single mobile interface. One Wallet. All Chains. Powered by NEAR. Unified Balances Across 35+ Blockchains Beyond removing gas complexity, NEAR Mobile addresses another major challenge in crypto: fragmented liquidity. A user holding USDC across Ethereum, Base, BNB Chain and TRON traditionally has separate balances that may require manual bridging and network switching to use together. Through NEAR Intents, NEAR Mobile can present supported liquidity from multiple networks as a unified balance, allowing users to send or swap aggregated assets without manually bridging funds first. Cross-chain swaps can settle in seconds, bringing the experience closer to using a single financial account rather than navigating multiple independent blockchains. By abstracting networks, bridges and gas tokens, NEAR Mobile makes NEAR's chain abstraction technology accessible to everyday users. The Largest Mobile Wallet in the NEAR Ecosystem With over one million downloads and growing visibility across international Finance App Store rankings, NEAR Mobile has established itself as a leading consumer application within the NEAR ecosystem. Available on both iOS and Android, the self-custodial NEAR wallet allows users to create and manage NEAR accounts, send and receive assets, stake NEAR and access multichain functionality directly from their phones. NEAR Mobile supports onboarding through Google, Apple ID or email, combining a familiar mobile experience with self-custody and on-chain account recovery. Experienced users can alternatively create or import wallets using a traditional mnemonic phrase. The wallet also provides NEAR staking and access to NPRO staking, currently offering up to 8.58% APY. As NEAR's chain abstraction ecosystem continues expanding, NEAR Mobile aims to make its infrastructure accessible through an intuitive consumer-facing application. NEAR Mobile at a Glance 1M+ downloads App Store rankings across 38 countries in a recent 31-day period #1 Finance in Serbia, #2 Hungary, #4 Moldova and Oman 120+ assets across 35+ blockchains Gasless transactions for supported actions Cross-chain swaps powered by NEAR Intents Unified multichain balances NEAR and NPRO staking Google, Apple ID, email and mnemonic onboarding On-chain account recovery and self-custody Available on iOS and Android About NEAR Mobile NEAR Mobile is the largest self-custodial mobile wallet in the NEAR ecosystem, with more than 1 million downloads across iOS and Android. Powered by NEAR Intents, the wallet enables users to manage NEAR, stake assets and access more than 120 tokens across 35+ blockchains through gasless cross-chain functionality and unified balances. Its mission is to make NEAR's chain abstraction infrastructure accessible to everyone by removing the complexity of networks, bridges and gas tokens. One Wallet. All Chains. Powered by NEAR. ContactNEAR Mobile Ferran Prat Peersyst Technology Global SL fprat@peersyst.com

NEAR Mobile Hits #1 in Finance App Rankings and Charts Across 38 Countries as NEAR Ecosystem Gain...

Escaldes-Engordany, Andorra, November 4th, 2026, Chainwire
With over 1 million downloads, the NEAR ecosystem's largest mobile wallet expands its global reach while launching gasless cross-chain swaps across 120+ assets and 35+ blockchains powered by NEAR Intents.
NEAR Mobile is gaining international traction, appearing in App Store rankings across 38 countries over a recent 31-day period, according to app ranking data from Toplify.
The self-custodial wallet reached #1 in Finance in Serbia, #2 in Hungary, and #4 in Moldova and Oman, highlighting its growing visibility across international markets. NEAR Mobile also recently reached #7 in Finance in Finland and Nigeria.
These milestones come amid growing attention around the NEAR ecosystem and its chain abstraction infrastructure. NEAR Intents, the protocol powering cross-chain execution across the ecosystem, has surpassed $33 billion in cumulative volume across 35 blockchains.
With more than one million downloads, NEAR Mobile is the largest mobile wallet in the NEAR ecosystem and continues to expand its capabilities with version 4.0.0, introducing a gasless experience designed to make blockchain interactions significantly simpler.
From Global Adoption to a Gasless Multichain Experience
As NEAR Mobile expands its international reach, its latest update addresses one of crypto's biggest usability challenges: gas fees.
Traditionally, users interacting with multiple blockchains must maintain different native tokens to pay transaction fees, even when they already hold the assets they want to transfer or swap.
With version 4.0.0, NEAR Mobile sponsors relayer fees for supported transactions, enabling users to swap and move assets across supported networks without needing to hold NEAR or maintain native gas tokens across different blockchains.
Powered by NEAR Intents, NEAR Mobile provides access to more than 120 assets across 35+ blockchains, combining cross-chain execution, unified balances, staking and self-custodial asset management in a single mobile interface.
One Wallet. All Chains. Powered by NEAR.
Unified Balances Across 35+ Blockchains
Beyond removing gas complexity, NEAR Mobile addresses another major challenge in crypto: fragmented liquidity.
A user holding USDC across Ethereum, Base, BNB Chain and TRON traditionally has separate balances that may require manual bridging and network switching to use together.
Through NEAR Intents, NEAR Mobile can present supported liquidity from multiple networks as a unified balance, allowing users to send or swap aggregated assets without manually bridging funds first.
Cross-chain swaps can settle in seconds, bringing the experience closer to using a single financial account rather than navigating multiple independent blockchains.
By abstracting networks, bridges and gas tokens, NEAR Mobile makes NEAR's chain abstraction technology accessible to everyday users.
The Largest Mobile Wallet in the NEAR Ecosystem
With over one million downloads and growing visibility across international Finance App Store rankings, NEAR Mobile has established itself as a leading consumer application within the NEAR ecosystem.
Available on both iOS and Android, the self-custodial NEAR wallet allows users to create and manage NEAR accounts, send and receive assets, stake NEAR and access multichain functionality directly from their phones.
NEAR Mobile supports onboarding through Google, Apple ID or email, combining a familiar mobile experience with self-custody and on-chain account recovery.
Experienced users can alternatively create or import wallets using a traditional mnemonic phrase.
The wallet also provides NEAR staking and access to NPRO staking, currently offering up to 8.58% APY.
As NEAR's chain abstraction ecosystem continues expanding, NEAR Mobile aims to make its infrastructure accessible through an intuitive consumer-facing application.
NEAR Mobile at a Glance
1M+ downloads
App Store rankings across 38 countries in a recent 31-day period
#1 Finance in Serbia, #2 Hungary, #4 Moldova and Oman
120+ assets across 35+ blockchains
Gasless transactions for supported actions
Cross-chain swaps powered by NEAR Intents
Unified multichain balances
NEAR and NPRO staking
Google, Apple ID, email and mnemonic onboarding
On-chain account recovery and self-custody
Available on iOS and Android
About NEAR Mobile
NEAR Mobile is the largest self-custodial mobile wallet in the NEAR ecosystem, with more than 1 million downloads across iOS and Android.
Powered by NEAR Intents, the wallet enables users to manage NEAR, stake assets and access more than 120 tokens across 35+ blockchains through gasless cross-chain functionality and unified balances.
Its mission is to make NEAR's chain abstraction infrastructure accessible to everyone by removing the complexity of networks, bridges and gas tokens.
One Wallet. All Chains. Powered by NEAR.
ContactNEAR Mobile
Ferran Prat
Peersyst Technology Global SL
fprat@peersyst.com
Article
Crypto Liquidity Dries Up Further as Stablecoin Supply FallsStablecoin capitalization declined $17 billion, or 6%, from April's $280 billion to $263 billion, its lowest level in over a year. Binance's 90-day average stablecoin capitalization fell 20% from $51 billion to $34 billion, with the platform hack contributing to the contraction. USDT and USDC remain the largest stablecoin pools at approximately $175 billion and $65 billion, while continued supply growth could support broader crypto liquidity. Stablecoin market capitalization has fallen to its lowest level in over a year, analyst Darkfost reported. Total supply declined $17 billion since April, while Binance recorded a sharper contraction after a platform hack. Historical data, however, shows USDT and USDC remain the largest stablecoin pools alongside Bitcoin’s long-term price movements. Stablecoin Market Cap Drops to $263 Billion Darkfost said total stablecoin capitalization fell from about $280 billion in April to $263 billion. The $17 billion decline represents a 6% drop over six months. Binance accounts for 70% of stablecoin supply held on exchanges. Its 90-day moving average market capitalization fell 20%, from $51 billion to $34 billion. Darkfost linked part of the decline to a platform hack, which saw about $3 billion in stablecoins extracted. However, the analyst said Binance's stablecoin capitalization had been falling for more than a year. The wider market has followed the same direction. Darkfost attributed the trend mainly to weak demand and limited incoming liquidity. The analyst also pointed to geopolitical and economic events, as well as repeated crypto exploits. These developments may make investors more cautious about holding crypto assets. Darkfost said liquidity needs to return to prevent recent market gains from reversing. USDT and USDC Lead Stablecoin Supply The historical chart tracks USDT, USDC, DAI and FDUSD alongside Bitcoin. USDT grew from about $15 billion to nearly $180 billion at its peak. It currently is around $180 billion, although recent data shows a slight retreat toward $175 billion. Source: Coinglass USDC rose from below $10 billion to roughly $60 billion to $70 billion. It now stands near $65 billion. DAI generally remains below $10 billion, while FDUSD holds a smaller market share. Stablecoin Growth and Bitcoin Price Movements Bitcoin climbed from approximately $30,000 to peaks above $120,000 before several corrections. Periods of expanding stablecoin capitalization broadly coincided with stronger BTC performance. However, new stablecoin issuance does not automatically create immediate buying pressure. The chart analysis identifies sustained USDT and USDC growth as potential support for Bitcoin and altcoins. However, prolonged stagnation or contraction could reflect weaker liquidity and speculative demand.

Crypto Liquidity Dries Up Further as Stablecoin Supply Falls

Stablecoin capitalization declined $17 billion, or 6%, from April's $280 billion to $263 billion, its lowest level in over a year.
Binance's 90-day average stablecoin capitalization fell 20% from $51 billion to $34 billion, with the platform hack contributing to the contraction.
USDT and USDC remain the largest stablecoin pools at approximately $175 billion and $65 billion, while continued supply growth could support broader crypto liquidity.
Stablecoin market capitalization has fallen to its lowest level in over a year, analyst Darkfost reported. Total supply declined $17 billion since April, while Binance recorded a sharper contraction after a platform hack. Historical data, however, shows USDT and USDC remain the largest stablecoin pools alongside Bitcoin’s long-term price movements.
Stablecoin Market Cap Drops to $263 Billion
Darkfost said total stablecoin capitalization fell from about $280 billion in April to $263 billion. The $17 billion decline represents a 6% drop over six months.
Binance accounts for 70% of stablecoin supply held on exchanges. Its 90-day moving average market capitalization fell 20%, from $51 billion to $34 billion. Darkfost linked part of the decline to a platform hack, which saw about $3 billion in stablecoins extracted.
However, the analyst said Binance's stablecoin capitalization had been falling for more than a year. The wider market has followed the same direction. Darkfost attributed the trend mainly to weak demand and limited incoming liquidity.
The analyst also pointed to geopolitical and economic events, as well as repeated crypto exploits. These developments may make investors more cautious about holding crypto assets. Darkfost said liquidity needs to return to prevent recent market gains from reversing.
USDT and USDC Lead Stablecoin Supply
The historical chart tracks USDT, USDC, DAI and FDUSD alongside Bitcoin. USDT grew from about $15 billion to nearly $180 billion at its peak. It currently is around $180 billion, although recent data shows a slight retreat toward $175 billion.
Source: Coinglass
USDC rose from below $10 billion to roughly $60 billion to $70 billion. It now stands near $65 billion. DAI generally remains below $10 billion, while FDUSD holds a smaller market share.
Stablecoin Growth and Bitcoin Price Movements
Bitcoin climbed from approximately $30,000 to peaks above $120,000 before several corrections. Periods of expanding stablecoin capitalization broadly coincided with stronger BTC performance. However, new stablecoin issuance does not automatically create immediate buying pressure.
The chart analysis identifies sustained USDT and USDC growth as potential support for Bitcoin and altcoins. However, prolonged stagnation or contraction could reflect weaker liquidity and speculative demand.
Article
XRP Wallets Hit 2026 High as Traders Watch Breakout LevelsSantiment reports 2,147 wallets holding at least one million XRP, an increase of 28 in 10 days, suggesting continued large-holder accumulation. Ali Charts identifies a four-hour Bollinger Band breakout following the tightest squeeze since August, potentially signaling a major price move. XRP trades near $1.275, with resistance at $1.35 and potential recovery targets at $1.47 and $1.55, while daily active addresses decline to 29,400. XRP’s large-holder count has climbed to its highest level this year, even as the token trades below its 200-day moving average. Santiment Intelligence reported 2,147 wallets holding at least one million XRP, while analyst Ali Charts pointed to a four-hour Bollinger Band breakout. Price data through November 4, 2026, places XRP near $1.275. Million-Token XRP Wallets Reach a 2026 High Santiment said the number of wallets holding at least one million XRP increased by 28 over 10 days. Eighteen wallets joined the million-token group during the latest three days. The total now stands at 2,147, the highest count recorded in 2026. The analytics firm said large holders often maintain longer investment horizons than short-term traders. It added that the rising wallet count during price weakness suggests large balances are growing. Santiment identified $1.20 to $1.25 as an important holding range. It said keeping the wallet count above 2,140 would support that longer-term setup. For stronger confirmation, Santiment pointed to a recovery above $1.30, followed by $1.40. It said continued growth in large-wallet numbers alongside those price gains would provide stronger evidence of accumulation. Analyst Points to a Bollinger Band Breakout Meanwhile, Ali Charts said XRP recorded its tightest Bollinger Band squeeze since August on the four-hour chart. The analyst noted that price had moved above the upper band.  https://twitter.com/alicharts/status/2117598323578204163?a=zQQTDhwbNXhrXlIhrl4&s=20 The previous squeeze of similar scale preceded a rally of nearly 71% in three days. Ali Charts said another major price move could be starting. However, the analyst did not provide a specific price target for the latest setup. XRP Holds Near $1.27 as Network Activity Falls XRP traded around $1.275 on November 4 after months of volatility. The token initially traded between $1.40 and $1.45 before falling to about $1.00 in early August. A late-August recovery lifted it toward $1.60, but momentum faded as prices declined through October. Source: Santiment The 50-day moving average stood near $1.27, while the 200-day average sat around $1.35. XRP remained slightly above the shorter average but below the longer one. The chart places immediate support near $1.27 and resistance at $1.35. A sustained move above resistance could put $1.47 in focus. Daily active addresses peaked near 938,000 in late August, alongside the price rally. The latest reading fell to approximately 29,400. However, total XRP holders continued rising, reaching about 8.29 million despite weaker prices. The chart identifies $1.55 as another potential recovery level beyond $1.47.

XRP Wallets Hit 2026 High as Traders Watch Breakout Levels

Santiment reports 2,147 wallets holding at least one million XRP, an increase of 28 in 10 days, suggesting continued large-holder accumulation.
Ali Charts identifies a four-hour Bollinger Band breakout following the tightest squeeze since August, potentially signaling a major price move.
XRP trades near $1.275, with resistance at $1.35 and potential recovery targets at $1.47 and $1.55, while daily active addresses decline to 29,400.
XRP’s large-holder count has climbed to its highest level this year, even as the token trades below its 200-day moving average. Santiment Intelligence reported 2,147 wallets holding at least one million XRP, while analyst Ali Charts pointed to a four-hour Bollinger Band breakout. Price data through November 4, 2026, places XRP near $1.275.
Million-Token XRP Wallets Reach a 2026 High
Santiment said the number of wallets holding at least one million XRP increased by 28 over 10 days. Eighteen wallets joined the million-token group during the latest three days. The total now stands at 2,147, the highest count recorded in 2026.
The analytics firm said large holders often maintain longer investment horizons than short-term traders. It added that the rising wallet count during price weakness suggests large balances are growing. Santiment identified $1.20 to $1.25 as an important holding range. It said keeping the wallet count above 2,140 would support that longer-term setup.
For stronger confirmation, Santiment pointed to a recovery above $1.30, followed by $1.40. It said continued growth in large-wallet numbers alongside those price gains would provide stronger evidence of accumulation.
Analyst Points to a Bollinger Band Breakout
Meanwhile, Ali Charts said XRP recorded its tightest Bollinger Band squeeze since August on the four-hour chart. The analyst noted that price had moved above the upper band.
https://twitter.com/alicharts/status/2117598323578204163?a=zQQTDhwbNXhrXlIhrl4&s=20
The previous squeeze of similar scale preceded a rally of nearly 71% in three days. Ali Charts said another major price move could be starting. However, the analyst did not provide a specific price target for the latest setup.
XRP Holds Near $1.27 as Network Activity Falls
XRP traded around $1.275 on November 4 after months of volatility. The token initially traded between $1.40 and $1.45 before falling to about $1.00 in early August. A late-August recovery lifted it toward $1.60, but momentum faded as prices declined through October.
Source: Santiment
The 50-day moving average stood near $1.27, while the 200-day average sat around $1.35. XRP remained slightly above the shorter average but below the longer one. The chart places immediate support near $1.27 and resistance at $1.35. A sustained move above resistance could put $1.47 in focus.
Daily active addresses peaked near 938,000 in late August, alongside the price rally. The latest reading fell to approximately 29,400. However, total XRP holders continued rising, reaching about 8.29 million despite weaker prices. The chart identifies $1.55 as another potential recovery level beyond $1.47.
Article
Analyst Maps Rebound Targets for Three Major AltcoinsEthereum fell 22.64%, with analyst identifying $2,500 and $2,700 as potential recovery targets. Solana dropped 27.31%, with $90 as key support and potential upside targets at $105 and $120; Cardano's targets stand at $0.2268 and $0.2677. TOTAL3 gained 1.45% to $744.47 billion, with improving RSI and MACD momentum but resistance remaining at $760 billion and $780 billion. Three major altcoins have suffered steep losses, but their three-day charts show potential buy signals, according to analyst Ali Charts. Ethereum, Solana, and Cardano each have recovery targets for a possible rebound. Meanwhile, TOTAL3, which tracks the crypto market excluding Bitcoin and Ethereum, gained 1.45% on November 4, 2026. Analyst Identifies Three Altcoin Rebound Targets Ethereum dropped 22.64%, from $2,806 to $2,171. However, the indicator flashed a TD Sequential buy signal on the three-day chart. Ali Charts said the correction could be nearing its end. If buying pressure increases, ETH could rebound to $2,500. A break above that level would put the resistance trendline near $2,700 in focus. https://twitter.com/alicharts/status/2117754981088649688?a=IqJ4QEeOdRWURMgGEfI&s=20 Solana fell 27.31%, from $124.89 to $90.78. Its three-day chart is forming a TD Sequential buy signal. The signal needs to complete, with $90 holding as support. If it does, Ali Charts sees $105 as a target, followed by the resistance trendline near $120. Cardano fell 35.41% from $0.2822 to $0.1823. However, its three-day chart displayed a fresh 9 and a Sequential 13 buy signal. Ali Charts is watching $0.2268 if buyers return. A break above it would put the resistance trendline near $0.2677 in focus. TOTAL3 Shows Early Recovery Across Market TOTAL3 stood at $744.47 billion after gaining $10.65 billion, or 1.45%, on the four-hour candle. Volume reached $312.95 billion as capitalization consolidated between $740 billion and $750 billion. Source: TradingView The broader trend remains bearish. TOTAL3 fell from $845 billion in early October, slipping below $820 billion around October 7. It later lost $800 billion and $780 billion. A sell-off around October 29 then pushed capitalization toward $750 billion. RSI and MACD Show Improving Momentum The RSI recovered to 48.86, above its average of 38.89, but remained below the neutral 50 level. The MACD line stood at negative $3.76 billion, above the signal line at negative $4.34 billion. The histogram turned positive at $579.7 million, while both lines remained below zero. Immediate support is between $740 billion and $750 billion. Resistance is at $760 billion and $780 billion. A break above $780 billion could open the way to $800 billion. However, losing $740 billion could expose $720 billion.

Analyst Maps Rebound Targets for Three Major Altcoins

Ethereum fell 22.64%, with analyst identifying $2,500 and $2,700 as potential recovery targets.
Solana dropped 27.31%, with $90 as key support and potential upside targets at $105 and $120; Cardano's targets stand at $0.2268 and $0.2677.
TOTAL3 gained 1.45% to $744.47 billion, with improving RSI and MACD momentum but resistance remaining at $760 billion and $780 billion.
Three major altcoins have suffered steep losses, but their three-day charts show potential buy signals, according to analyst Ali Charts. Ethereum, Solana, and Cardano each have recovery targets for a possible rebound. Meanwhile, TOTAL3, which tracks the crypto market excluding Bitcoin and Ethereum, gained 1.45% on November 4, 2026.
Analyst Identifies Three Altcoin Rebound Targets
Ethereum dropped 22.64%, from $2,806 to $2,171. However, the indicator flashed a TD Sequential buy signal on the three-day chart. Ali Charts said the correction could be nearing its end. If buying pressure increases, ETH could rebound to $2,500. A break above that level would put the resistance trendline near $2,700 in focus.
https://twitter.com/alicharts/status/2117754981088649688?a=IqJ4QEeOdRWURMgGEfI&s=20
Solana fell 27.31%, from $124.89 to $90.78. Its three-day chart is forming a TD Sequential buy signal. The signal needs to complete, with $90 holding as support. If it does, Ali Charts sees $105 as a target, followed by the resistance trendline near $120.
Cardano fell 35.41% from $0.2822 to $0.1823. However, its three-day chart displayed a fresh 9 and a Sequential 13 buy signal. Ali Charts is watching $0.2268 if buyers return. A break above it would put the resistance trendline near $0.2677 in focus.
TOTAL3 Shows Early Recovery Across Market
TOTAL3 stood at $744.47 billion after gaining $10.65 billion, or 1.45%, on the four-hour candle. Volume reached $312.95 billion as capitalization consolidated between $740 billion and $750 billion.
Source: TradingView
The broader trend remains bearish. TOTAL3 fell from $845 billion in early October, slipping below $820 billion around October 7. It later lost $800 billion and $780 billion. A sell-off around October 29 then pushed capitalization toward $750 billion.
RSI and MACD Show Improving Momentum
The RSI recovered to 48.86, above its average of 38.89, but remained below the neutral 50 level. The MACD line stood at negative $3.76 billion, above the signal line at negative $4.34 billion. The histogram turned positive at $579.7 million, while both lines remained below zero.
Immediate support is between $740 billion and $750 billion. Resistance is at $760 billion and $780 billion. A break above $780 billion could open the way to $800 billion. However, losing $740 billion could expose $720 billion.
Article
SPEPE Presale Faces Scrutiny Over 1,000X ClaimBitcoin Professor advertises 2.5 million SPEPE per SOL, with contributions ranging from 0.5 SOL to 50 SOL. Solana receipts show 1 SOL received before 2.5 million SPEPE moved, but do not confirm a direct purchase. The 1,000X projection comes without a starting valuation, target market capitalisation or timeframe for the promised return. SPEPE presale promotion is drawing scrutiny after two Solana receipts showed transfers matching its advertised token allocation. Their connection to the offer remains unconfirmed. Bitcoin Professor Sets Out the Offer Bitcoin Professor describes SPEPE as a possible successor to TRUMP. The post states that the token may go up 1000x from where it is now. It urges followers to join through a specified Solana wallet. Source: X The advertised rate is 2.5 million SPEPE for every SOL. Contributions must reportedly fall between 0.5 SOL and 50 SOL. The post presents the offer as an active presale. A 1 SOL contribution would therefore receive 2.5 million tokens. The promotion imagines that holding becoming worth 1,000 SOL. No calculation or valuation model accompanies that projection. The post also offers an incentive for the first 5,000 wallets. Participants must follow X and repost the promotional message. They are also asked to submit their SOL addresses. Two Transactions Appear in the Receipts The first supplied receipt records 1 SOL received on October 30, 2026.It is displaying a successful transfer at 4:23 p.m. The sender is listed as an abbreviated address that ends with 8iVd...SqG5. Another receipt reads 2.5 million SPEPE were sent later in the same day. It has a time stamp of 6:06 p.m. which is approximately 103 minutes later. The displayed counterparty has the same abbreviated address. The matching address fragments may connect the two movements. However, shortened wallet details cannot establish who controls either account. Nor do the receipts identify the transfers' commercial purpose. Their direction also complicates a straightforward purchase interpretation. The first record shows SOL entering, while SPEPE later leaves. That sequence alone cannot establish a swap or presale allocation. The 1,000X Projection Has No Valuation Basis The quantities match the exchange rate stated in the promotion. That correspondence is worth checking against complete blockchain records. It does not, by itself, prove a completed token purchase. The receipts provide no verified current SPEPE price. They also show no market capitalisation, circulating supply or trading volume. Without those figures, the token's market value cannot be assessed. The 1,000X claim lacks a starting valuation and price target. Bitcoin Professor also gives no timeframe for the projected gain. The comparison with TRUMP does not establish that SPEPE can repeat its performance. The receiving wallet and exact token mint address require independent verification. Full transaction signatures could clarify whether both transfers were connected. The supplied screenshots do not identify the wallet operator. The promotion therefore offers a stated rate, contribution limits and return claim. The receipts provide evidence of two successful transfers, but not evidence of their purpose. Until the missing records are verified, the promised return has no demonstrated basis. The promotional wording is also visible in the account's indexed post. A separate report on the offer likewise notes the absence of valuation data, though it discusses different transaction amounts.

SPEPE Presale Faces Scrutiny Over 1,000X Claim

Bitcoin Professor advertises 2.5 million SPEPE per SOL, with contributions ranging from 0.5 SOL to 50 SOL.
Solana receipts show 1 SOL received before 2.5 million SPEPE moved, but do not confirm a direct purchase.
The 1,000X projection comes without a starting valuation, target market capitalisation or timeframe for the promised return.
SPEPE presale promotion is drawing scrutiny after two Solana receipts showed transfers matching its advertised token allocation. Their connection to the offer remains unconfirmed.
Bitcoin Professor Sets Out the Offer
Bitcoin Professor describes SPEPE as a possible successor to TRUMP. The post states that the token may go up 1000x from where it is now. It urges followers to join through a specified Solana wallet.
Source: X
The advertised rate is 2.5 million SPEPE for every SOL. Contributions must reportedly fall between 0.5 SOL and 50 SOL. The post presents the offer as an active presale.
A 1 SOL contribution would therefore receive 2.5 million tokens. The promotion imagines that holding becoming worth 1,000 SOL. No calculation or valuation model accompanies that projection.
The post also offers an incentive for the first 5,000 wallets. Participants must follow X and repost the promotional message. They are also asked to submit their SOL addresses.
Two Transactions Appear in the Receipts
The first supplied receipt records 1 SOL received on October 30, 2026.It is displaying a successful transfer at 4:23 p.m. The sender is listed as an abbreviated address that ends with 8iVd...SqG5.
Another receipt reads 2.5 million SPEPE were sent later in the same day. It has a time stamp of 6:06 p.m. which is approximately 103 minutes later. The displayed counterparty has the same abbreviated address.
The matching address fragments may connect the two movements. However, shortened wallet details cannot establish who controls either account. Nor do the receipts identify the transfers' commercial purpose.
Their direction also complicates a straightforward purchase interpretation. The first record shows SOL entering, while SPEPE later leaves. That sequence alone cannot establish a swap or presale allocation.
The 1,000X Projection Has No Valuation Basis
The quantities match the exchange rate stated in the promotion. That correspondence is worth checking against complete blockchain records. It does not, by itself, prove a completed token purchase.
The receipts provide no verified current SPEPE price. They also show no market capitalisation, circulating supply or trading volume. Without those figures, the token's market value cannot be assessed.
The 1,000X claim lacks a starting valuation and price target. Bitcoin Professor also gives no timeframe for the projected gain. The comparison with TRUMP does not establish that SPEPE can repeat its performance.
The receiving wallet and exact token mint address require independent verification. Full transaction signatures could clarify whether both transfers were connected. The supplied screenshots do not identify the wallet operator.
The promotion therefore offers a stated rate, contribution limits and return claim. The receipts provide evidence of two successful transfers, but not evidence of their purpose. Until the missing records are verified, the promised return has no demonstrated basis.
The promotional wording is also visible in the account's indexed post. A separate report on the offer likewise notes the absence of valuation data, though it discusses different transaction amounts.
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