Japan's Metaplanet has initiated a program to buy back 13% of its shares using a $500 million credit line. coindesk

Evernorth Holdings, supported by Ripple, has acquired $1 billion worth of XRP tokens to develop an XRP treasury. Cointelegraph

Kalshi, a prediction market platform, has initiated legal action against a New York regulator over the ban on sports betting contracts. coindesk

K33 Research reports that Bitcoin ETF inflows totaled $26.9 billion in 2023. BlackRock's IBIT accounted for $28.1 billion of the flows. Excluding BlackRock, Bitcoin ETF flows are in negative territory.

Circle begins testing the Arc blockchain in partnership with major institutions. coindesk

Trump indicates that Federal Reserve Chairman Jerome Powell will resign in "a few months."

Coinbase Prime and Figment are expanding their institutional staking offerings to include Solana, Cardano, Sui, and other blockchain networks.

Japan's payment provider TIS, with a turnover of $2 trillion, has launched a multi-token platform in partnership with Avalanche.

https://www.coindesk.com/business/2025/10/27/japan-s-usd2t-payment-provider-tis-rolls-out-multi-token-platform-with-avalanche

SharpLink plans to list $200 million worth of ETH on Consensys' Linea via ether.fi and EigenCloud.

Trump Media to Launch 'Truth Predict' Markets in Partnership with Crypto.com

Standard Economics, founded by former employees of X, xAI, and SpaceX, has raised $9 million in funding. Leading investors include Paradigm and Lightspeed Venture Partners. The company also launched “Uno,” a platform aimed at facilitating cross-border stablecoin transactions.

According to data from the ADP National Employment Report, produced by ADP Research in collaboration with Stanford University's Digital Economy Lab, preliminary estimates show an average increase of 14,250 jobs over the past four weeks in the United States. The figures point to a slowdown in the labor market.

OceanPal has secured $120 million to introduce SovereignAI and a digital asset treasury in collaboration with the NEAR Foundation. theblock.com

Bloomberg Analyst Reports Bitwise Solana Staking ETF Assets Exceed $223 Million, with Initial Volume Reaching Half of SSK

Four large investors purchased 2.74 billion PUMP, totaling approximately $14 million, according to LookOnChain.

MetaMask Launches First Season of Rewards Program with Over $30 Million in LINEA Tokens

Animoca Brands has announced the acquisition of AERO.

ETF trading volumes for SOL, HBAR, and LTC in the 30 minutes following launch.

BNB Chain to Implement Fourier Hard Fork on November 6th, Reducing Block Time to 250 Milliseconds

21Shares has launched a Pendle ETP across six Swiss exchanges, reflecting rising institutional acceptance of Pendle. More details can be found here.

The cryptocurrency market is currently experiencing a brief correction, with analysts projecting it to be short-lived. Market observers anticipate a substantial rally in altcoins as the cycle advances, accompanied by increased market overheating.