A look at the key developments from the afternoon session on October 27th
7:00-12:00 Keywords: CZ, Ant Group, x402
1. CZ: In the future, will focus on investment business of YZi Labs, and has been invited to serve as a cryptocurrency industry advisor to heads of state in multiple countries;
2. Ant Group has applied for registration of "ANTCOIN" and other Web3-related trademarks in Hong Kong;
3. Tokens such as SUI, GRASS, EIGEN will see large unlocks this week, with a total value exceeding 3 billion US dollars;
4. Solana's co-founder retweeted x402-related articles and said "x402 is really great";
5. The entire network has liquidated 4.30 billion US dollars in the past 24 hours, mainly short positions being liquidated;
6. The total market value of stablecoins has reached 308.783 billion US dollars, with an increase of 1.305 billion US dollars in the past week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Update: Institutions Wager on Altcoins’ 100x Growth as CPI Sparks Risk-On Market Mood
- Altcoin prices may surge as investors shift focus to U.S. CPI data and risk-on sentiment, with Solana (SOL) and Ripple (XRP) highlighted as potential 100x plays. - Coinbase's $375M Echo acquisition and Pave Bank's $39M Series A funding underscore institutional confidence in blockchain infrastructure despite market volatility. - Solana's $195 rebound, 55% transaction volume surge, and $400M staking ETF inflows position it as a high-growth altcoin amid rising institutional demand. - Fed rate cut expectatio
Asia's rapid growth in stablecoins sets technological advancement in contrast with regulatory prudence
- Kaia DLT Foundation drives Asia's multi-currency stablecoin growth amid $46T 2025 global transaction volumes, outpacing traditional payment giants. - Major players like Western Union (Solana), PayPal (Paxos) and Visa (Stellar) expand stablecoin offerings, with Visa reporting $2.5B annualized volumes in Q4 2025. - China's PBOC warns of stablecoin risks to monetary sovereignty, while Hong Kong positions itself as a digital asset hub through regulated initiatives like Red Date's cross-border solutions. - Re
Bitcoin News Update: Metaplanet Initiates Share Repurchase to Narrow Disparity Between Stock Price and Bitcoin Holdings
- Metaplanet Inc. will hold a shareholder meeting on Dec 22, 2025, to address its mNAV ratio drop below 1.0x. - The company authorized a ¥75B share buyback (13.13% of shares) funded by a $500M loan secured against 30,823 BTC ($3.5B). - New capital policies prioritize buybacks when shares trade below intrinsic value and issue perpetual preferred shares for BTC purchases. - Shares rose 2.3% after the announcement, following a 74% decline from June highs, as the firm aims to accumulate 210,000 BTC by 2027.
Ethereum Updates Today: Ethereum Holds $3,930 as Key Support Following Drop Below $4,000
- Ethereum fell below $4,000 on Oct. 28, marking a 3.59% drop and ending a five-day rally, its largest decline since October 2025. - Traders monitor $3,930 support, with breakdowns risking a test of $3,870–$3,880, while $3,945–$4,000 remains a key technical battleground. - Long-term optimism persists as Ethereum’s CD 5 Index rebounds, but near-term stability hinges on overcoming resistance near $4,000. - Upcoming Fusaka upgrade aims to boost smart contract efficiency, potentially driving ETH demand and alt
Trending news
MoreCrypto prices
More
