🏦👀 Sony Bank has applied for a cryptocurrency banking license to issue stablecoins and provide custody services through its subsidiary Connectia Trust.

🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -465 BTC ($52.05M) 🔴
Grayscale outflows 1,261 BTC ($141.28M) and currently holds 174,683 BTC ($19.56B);
#ETH-ETFs:
NetFlow: +23,937 ETH ($97.9M) 🟢
Fidelity inflows 37,676 ETH ($154.09M) and currently holds 790,768 ETH ($3.23B).

📉🤔 #BTC CQ: Until a significant discount appears on the market to stimulate buying, potential growth will be sluggish, followed by a dump at new ATH.

On futures, after long positions are reduced by > $10 billion, traders will start returning when the price becomes attractive for entry again and when enough short positions accumulate that can be used to pump the price.

Need to go down and shake up the market

📊👀 #BTC Glassnode: Blockchain data shows continued distribution of long-term holders since July and weakening ETF inflows (-2.3k BTC this week), indicating weaker institutional demand. Meanwhile, spot markets saw a sharp but orderly sell-off, with selling on Binance partially offset by buying on Coinbase.

🐶 #DOGE There’s a huge gap on Dogecoin between $0.19 and $0.07.

🆕👀 #RECALL Coinbase adds spot trading Recall Network (RECALL)

🐳 Santiment notes that whales are actively moving #YGG, #EIGEN, #ATH, #PAXG, #PENDLE and #AAVE to exchanges.

📊 #BNB #HYPE CryptoRank: Binance Futures maintain dominance despite Hyperliquid’s rapid growth.

Despite impressive growth by Hyperliquid, Binance futures still dominate the derivatives market with a significant advantage.

🐳👀 #BTC Santiment: Whales and sharks have sold 17,554 BTC in the last 2 days

🇨🇳🥊🇺🇸 #tradewars Trump: We are in a trade war with China

💰 Top 10 Chains by Fees: Oct 2024 vs Oct 2025

Blockchain fee dynamics shifted dramatically over the past year, showing which networks adapted, and which lagged:

#HYPE Hyperliquid: Fees soared 1,600% ($2.4M → $41M) after HIP-3 enabled permissionless perpetuals and fee cuts drove record trading volume.

#BNB BNB Chain: Jumped 977% ($3M → $32.3M) amid the ongoing memecoin season.

Base: Rose 317% ($767K → $3.2M), driven by rapid user growth.

#BTC Bitcoin: Fees collapsed 73% ($11.4M → $3.1M) as Ordinals and Runes activity faded, slashing on-chain use and miner revenue.

#ETH Ethereum: Dropped 48% ($42.1M → $21.6M) as users moved to faster, and lower-cost L2s.

#SOL Solana: Declined 34% ($10M → $6.6M) as memes cooled off.

📊👀 #RWA Sentora: This chart shows how RWA value is currently distributed. Private credit leads at $17.5B, and US Treasuries are a sizable $8.3B.

👨‍💻 #ETH tops the charts as the №1 ecosystem for new developers in 2025, according to Electric Capital.

From January to September 2025, Ethereum attracted 16,181 new developers & Solana was right behind with 11,534 new devs.

#SOL’s growth has been driven largely by its high-performance DeFi and consumer app activity.

Solana and Ethereum price correlation sits at 0.96, which means investor sentiment and market flows are nearly identical across both ecosystems.

📊 Santiment: after Trump's threats of 100% duties for China, gold rallied while stocks fell and BTC fell ~11%. One could argue that BTC's fall is still in the "overreaction" range.

📊 Santiment: the most discussed tokens on social media:

- #PYUSD - since mistakenly minted 300 trillion PYUSD;
- #ETH - large Ethereum Foundation deposits to DeFi vaults, institutional supply and demand dynamics, price forecasts, and ETF inflows surpassing Bitcoin;
- #BTC - due to extensive discussions about BTC's market dominance, its comparison to altcoins and gold, and its perceived value as safe money versus speculative assets;
- #MON - upcoming airdrop.

📊 Open interest in CME futures on #BTC, #ETH, #SOL, #XRP reached $28.3 billion, surpassing Binance's $23 billion and Bybit's $12.2 billion.

🇺🇸 #TRUMP FT: Trump and his family have earned >$1 billion in pre-tax profits from cryptocurrency this year. Biggest earnings: #TRUMP and #MELANIA brought in $427m, sale of #WLFI brought in $550m.

😱🤑 Fear&Greed Index for #BTC and #ETH

💸 #BTC Over the last 24 hours, ~$445 million worth of contracts have been liquidated, of which longs have liquidated ~$287 million and shorts ~$158 million.