Hong Kong’s Securities and Futures Commission (SFC) has approved the first Solana spot ETF, becoming the third cryptocurrency ETF permitted in Asia after Bitcoin and Ethereum offerings.

TRM Labs reports that improved clarity in cryptocurrency regulations has led to a 125% increase in retail crypto transactions worldwide for two consecutive years. cointelegraph

In the past 24 hours, approximately $650 million worth of contracts have been liquidated in Bitcoin markets, with around $352 million in long positions and $298 million in short positions impacted.

Bitcoin's Fear and Greed Index plunges to 25, signaling heightened market anxiety.

The Bitcoin Fear and Greed Index declined to 25, signaling increased market fear.

The total cumulative spot trading volume of Bitcoin on Binance has reached $180 trillion. In early September, daily Bitcoin spot trading volumes ranged from $3 billion to $5 billion. Since October 10, trading volumes have surged, now stabilizing between $5 billion and $10 billion per day. The increase signals a renewed investor interest in spot trading and a possible shift toward more cautious market participation. Analysts suggest this trend may support more sustainable growth in the Bitcoin market.

Top decentralized exchanges ranked by trading volume growth over the past 30 days.

#CURRENT #MARKET

FalconX to Acquire 21Shares

Jim Cramer predicts substantial gains for cryptocurrencies today.

The market showed mixed performance today as investors monitored economic data and corporate earnings reports. Volatility persisted amid global geopolitical tensions, but concerns over inflation continued to influence trading activity. Overall, trading was cautious with certain sectors showing resilience while others experienced declines.

The landscape for Bitcoin derivatives is changing, as open interest in options begins to approach that of futures, according to Glassnode. The increasing prominence of options trading is now playing a more influential role in price movements, surpassing the impact previously driven by futures liquidations.

A hearing concerning the limited jurisdictions in the FTX allocation is set for October 23rd. The jurisdictions include 44 countries, among them China, Morocco, Bangladesh, Colombia, Egypt, Ukraine, and Russia.

Senate Democrats request Trump adviser Witkoff to disclose details of his cryptocurrency holdings.

COAI surged by 111% since yesterday, ranking among the top performers in open interest growth at 01:36 Moscow time. By 02:15, it had become a leader in futures transactions across all centralized exchanges. The asset continues to hold its top position. Chart

The NHL has finalized agreements with Kalshi and Polymarket. Further details are available at here.

Another 15,959 BTC, valued at $1.83 billion, was transferred from the LuBian wallet to four separate wallets.

US Trade Representative confirms Trump's meeting with Xi will proceed as scheduled. Bessent and I will meet with Chinese officials in Malaysia to explore potential avenues for advancing negotiations.

Aave DAO has launched a $50 million annual token buyback program, supported by revenue from the protocol. More details are available here.

The FCA has initiated legal proceedings against HTX, linked to Justin Sun, in the High Court in London over alleged illegal promotion of cryptocurrencies, Bloomberg reports.

SOL Cube is set to go public through a SPAC, with plans to invest $500 million to acquire SOL prior to completing the merger.