[Strategy stock trading volume surpasses Morgan Stanley]

Strategy’s daily stock trading volume has surpassed Morgan Stanley’s, according to BitcoinTreasuries. MSTR is also posting trading volume above that of multiple mega-cap companies with trillion-dollar market capitalizations.
https://coinness.com/en/news/1173193

[Coinbase CEO says tokenized asset market is growing rapidly]

Coinbase CEO Brian Armstrong said the shift of stocks, fiat currencies and other assets onto the blockchain is accelerating. Armstrong said tokenized stocks and stablecoins are posting particularly rapid growth, with more assets expected to move into the blockchain-based financial ecosystem. Armstrong added Coinbase will continue pushing innovation in the traditional financial system.
https://coinness.com/en/news/1173194

[South Korea ruling party leans toward delaying planned crypto tax again]

South Korea’s government is weighing another delay to virtual asset taxation that had been scheduled for January next year, and the ruling Democratic Party also moved toward postponement at a general meeting of lawmakers on Oct. 27, according to Dong-A Ilbo.

Kim Han-kyu, the Democratic Party’s senior deputy floor leader for policy, told reporters after the meeting that no one opposed delaying the tax and that personal views instead favored a postponement. Kim added the overall mood appeared to be coalescing around a delay. The party is set to hold a policy consultation with the government today and convey that position.
https://coinness.com/en/news/1173195
See more: https://www.donga.com/news/Politics/article/all/20261028/134921068/2

[BTC again outperforms S&P 500 returns, Glassnode says]

Bitcoin is once again posting stronger returns than the S&P 500, according to on-chain analytics firm Glassnode. Glassnode said Bitcoin has outperformed the S&P 500 on more trading days than it has lagged over the past few weeks. In June, Bitcoin beat the index on just one of five trading days, marking its weakest showing in more than five years. Glassnode added Bitcoin’s gains could strengthen further as investors rotate into the asset classes showing the strongest momentum.
https://coinness.com/en/news/1173196

[South Korea’s finance minister says government will listen on digital asset taxes]

South Korea’s Deputy Prime Minister and Finance and Economy Minister Lee Hyoung-il said the government will listen carefully to public opinion conveyed by the Democratic Party and review it fully in consultations on taxation of virtual assets, or digital assets, Digital Asset reported.

Speaking at a ruling party-government policy meeting on digital asset taxation held at the National Assembly Members' Office Building in Seoul on today, Lee described it as an issue drawing significant public attention. Lee added the government has been gathering on-the-ground views from the industry and experts while reviewing concerns raised and calls for improvements to the system.
https://coinness.com/en/news/1173197
See more: https://www.digitalasset.works/news/articleView.html?idxno=43872

[Base targets 10x faster block production in November]

Base plans to increase block production speed tenfold through its Denim upgrade in November. The goal is to cut the current block interval to 0.2 seconds from two seconds, allowing the network to produce five blocks per second.
https://coinness.com/en/news/1173198

[Solflare halts staking rewards after security incident at external provider]

Staking reward payments on Solana wallet Solflare have been suspended after a private key-related security incident at an external staking service provider, Crypto Briefing reported. The incident means Solflare validators can no longer earn new rewards or distribute them to users who delegated stake.

User assets were not affected, according to the report. Solflare said delegated SOL remains in each user’s staking account and users still retain control of their assets. The incident occurred in the external provider’s key management process, not in user wallets.
https://coinness.com/en/news/1173199

[South Korea’s ruling party, government delay decision on further crypto tax deferral]

South Korea’s Democratic Party and the government discussed whether to further delay the planned January implementation of virtual asset taxation next year, but decided to conduct additional party-level review because of internal differences, News1 reported. Oh Gi-hyung, the ruling party’s senior member on the National Assembly’s planning and finance committee, said after a party-government meeting at the National Assembly today that some favored moving ahead with taxation after three previous delays, while others wanted further refinements on several outstanding questions, and the party would review the matter further.
https://coinness.com/en/news/1173200
See more: https://www.news1.kr/politics/assembly/6334232

[DataVault AI shares halve as BTC withdrawal issue drags into fourth month]

Nasdaq-listed DataVault AI (DVLT) has been unable to withdraw Bitcoin held at crypto exchange Biconomy for four months, while the company’s stock has plunged, Bitcoin Core developer and Casa co-founder Jameson Lopp said on X. Lopp said all of DataVault AI’s treasury funds are being held at Biconomy, and the company has requested a BTC transfer for four months without completing the withdrawal.

DataVault AI said in a U.S. SEC filing on Oct. 26 that it plans to revise past financial statements over the withdrawal issue and errors in its Bitcoin accounting treatment. DVLT closed at $0.0670 on Oct. 27, down 49.55%, according to Yahoo Finance.
https://coinness.com/en/news/1173201

[BTC spot CVD chart at 12:00 a.m. UTC on Oct. 28]

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section represents cumulative volume delta, or CVD.

- The upper volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels.

- The lower CVD indicator reflects buy and sell orders by order size. As buy orders increase, the line in the corresponding color rises. The yellow line is based on orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.
https://coinness.com/en/news/1173202

[Crypto fear and greed index rises to 45, remains neutral]

CoinMarketCap’s in-house Crypto Fear and Greed Index rose two points from yesterday to 45, remaining in neutral territory. A reading closer to zero signals extreme fear in the market, while a reading closer to 100 indicates extreme optimism. CoinMarketCap calculates the index based on price movements among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.
https://coinness.com/en/news/1173203

[3,395 BTC transferred from an unknown wallet to Coinbase Institutional]

Whale Alert reported that 3,395 BTC has been transferred from an unknown wallet to Coinbase Institutional. The transaction is valued at about $274 million.
https://coinness.com/en/news/1173204

[U.S. spot BTC ETF Q3 holdings filings outpace prior quarter, top 50 firms still pending]

U.S. spot Bitcoin ETF third-quarter holdings filings are coming in faster than in the previous quarter, Alex Thorn, head of research at Galaxy Digital, said on X.

According to data Thorn shared, 773 institutional investors had filed third-quarter holdings disclosures with the U.S. SEC as of Oct. 27, local time, up about 12% from 690 at the same point in the second-quarter filing period. Reported holdings so far amount to about 23,300 BTC, equal to 7.6% of the roughly 307,300 BTC disclosed by the end of the second-quarter reporting period. At the same point in that quarter, filings had accounted for 9% of the final reported total.

Thorn said there are also early signs of rising spot BTC ETF holdings among long-term investors. Investment adviser SigFig Wealth Management disclosed spot BTC ETF holdings for the first time this quarter, with about $73 million in new client positions. He added, however, that the top 50 institutions by second-quarter holdings, including the top 20 that accounted for about 50% of total BTC-equivalent holdings in the period, have yet to file third-quarter disclosures.

Most large asset managers and investment advisers tend to file shortly before the Nov. 16 deadline, Thorn said, adding that about 97% of all filings are expected by that date.
https://coinness.com/en/news/1173205

[Bithumb reviews whether leaked personal data included user information]

South Korean cryptocurrency exchange Bithumb is analyzing the exact scope of a personal data leak following a hack into its internal mobile system, including whether user information was affected, Yonhap News Agency reported. Bithumb said it recognized yesterday that personal data had been exposed through abnormal access by an unauthorized outside party to its internal mobile groupware system.
https://coinness.com/en/news/1173206
See more: https://www.yna.co.kr/view/AKR20261028044100002?input=1195m

[CoinMarketCap altcoin season index rises 3 points to 57]

CoinMarketCap’s Altcoin Season Index stood at 57, up three points from yesterday.

The index, published by the cryptocurrency data platform, is calculated by comparing the price performance of Bitcoin and the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. A CoinNess analysis shows the market is considered to be in altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, while the opposite is classified as Bitcoin season. The closer the index is to 100, the more firmly the market is seen as being in altcoin season.
https://coinness.com/en/news/1173207

[Spiral says weak demand, not technology, is holding back BTC payments]

Spiral, Block’s open-source Bitcoin development organization, said weak demand rather than technological limitations is the main factor holding back broader BTC payment adoption.

In a report published on GitHub, Spiral said payment technology such as the Lightning Network and BTC wallets has advanced significantly over the past seven years, but daily BTC usage remains limited. Holders tend to avoid spending BTC as they expect its price to rise, while merchants have little incentive to adopt BTC payments because consumer demand is low.

Spiral also said major payment companies such as Stripe and Shopify are adopting stablecoins instead of BTC, while payment protocols for AI agents are effectively being built on stablecoins. If those payment methods become established in the market, BTC could face greater difficulty entering later, Spiral said.

To boost BTC payment adoption, Spiral proposed supporting both BTC and dollar-denominated payments on the Lightning Network, targeting BTC payment demand in countries with unstable currencies, offering discounts and rewards for BTC payments, and developing new use cases such as micropayments based on AI service usage. Spiral also called on developers and payment companies to share additional ideas and relevant data.
https://coinness.com/en/news/1173208

[KOSPI buy-side sidecar triggered as index jumps 4.55%]

The Korea Exchange triggered a buy-side sidecar as gains in the KOSPI widened. The KOSPI was trading at 5,894.75, up 4.55% from the previous session. A sidecar is designed to prevent sharp moves in the futures market from spilling over into the spot market, and it is triggered when KOSPI 200 futures rise or fall more than 5% from a reference price for more than one minute.
https://coinness.com/en/news/1173209

[Anonymous whale buys $10M in HYPE from Wintermute]

An anonymous whale address beginning with 0xd06F bought 123,055 HYPE worth $10.02 million from Wintermute, Onchain Lens reported. The address had been inactive for 27 days.
https://coinness.com/en/news/1173210

[Avalanche-based Tranche Vault loses $1M in flash loan hack]

An Avalanche-based Tranche Vault suffered about $1.01 million in losses in a flash loan attack, Odaily reported. The hacker allegedly used a flash loan to inflate the vault’s share value and then repaid it while siphoning off USDC. The attack hit vaults tied to Fence Finance and Valinor Digital, and the funds had been drained through about two transactions as of now.
https://coinness.com/en/news/1173211

[Solana pushes shift toward institutional finance-led growth]

Solana is moving beyond a meme coin-driven growth model and expanding into institutional finance, Bloomberg reported, citing a Galaxy Research report.

Meme coins' share of Solana trading volume fell sharply to 15% to 20% in the second quarter from more than 50% at the end of 2024, while Solana’s share of the on-chain perpetual futures market dropped to 6% from 17% over the same period, according to the report. SOL is down about 20% from the start of the year, and U.S.-listed spot and staking SOL ETFs posted total outflows of around $50 million over the past two weeks in October.

The Solana Foundation plans to broaden practical financial use cases such as stablecoins and tokenized assets to attract participation from Wall Street institutional investors. Bloomberg said a key question for Solana’s future growth is whether it can secure a stable base of assets, developers, and users amid a weak crypto market and the rise of rivals such as Hyperliquid.
https://coinness.com/en/news/1173212

[ETH ICO whale deposits $11.59M in ETH to exchange]

An Ethereum ICO whale that bought 100,000 ETH for $31,000 11 years ago deposited 5,000 ETH worth $11.59 million into a centralized exchange three hours ago, according to on-chain analyst EmberCN. Exchange deposits are typically interpreted as being intended for a sale.

The whale moved 5,000 ETH from an address beginning with 0x5A03 to another address two days ago, then deposited the funds to the exchange in several tranches. EmberCN said the whale also sold 50,000 ETH at $5.47 per coin 10 years ago and now holds 45,000 ETH worth $105 million.
https://coinness.com/en/news/1173213