1d ago
Daily Dose of Doc
Market Overview
Crypto market cap rose ~1-2% to $3.65–3.8T. Bitcoin hit ~$111K (+1-2%), Ethereum ~$3,950 (+1-2%). Top gainers: Zcash ($300), Hyperliquid (+8%). Losers: SAROS (-48%), MBG (-45%). Trading volume: $150–190B. Sentiment: Fear (Index 30–32).
Key Developments
Hong Kong approved Asia’s first spot Solana ETF (ChinaAMC), launching Oct 27.
Trump pardoned ex-Binance CEO CZ; BNB surged.
FalconX acquired 21Shares; Revolut got MiCA license for EEA crypto services.
Coinbase launched AmEx card with 4% BTC cashback; added BNB Chain support.
Tesla reported $80M Bitcoin profit in Q3.
Tether reached 500M users; WazirX resumed trading post-hack.
Bunni shut down after $8.4M exploit (funds returned).
LayerZero live on Sui; Berachain proposed 10x faster confirmations.
Bitcoin ETF outflows: $101M (Oct 22); Ethereum: $18.8M.
Sentiment & Outlook
Standard Chartered: BTC may dip below $100K briefly — Whales eye $170K BTC; altcoin “opportunity zone” after liquidations ($342M total).
Upcoming: MegaETH sale, new IDOs (Oct 27).
CPI report today may spark volatility.
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