Token | Trading Volume 【YB】295.06 million 【ETC】393.98 million 【OKB】79.31 million 【DASH】178.75 million 【ETH】28.42 billion 【HYPE】346.54 million 【XPL】294.05 million 【BTC】43.39 billion 【CORE】8.46 million 【PI】61.69 million

According to Odaily Planet Daily on October 30th, data from SoSoValue shows mixed performance across various cryptocurrency sectors. The Meme sector rose 1.38% in the last 24 hours, with Pump.fun (PUMP) and OFFICIAL TRUMP (TRUMP) rising 12.98% and 13.65% respectively. The Layer 1 sector rose 1.02%, with Zcash (ZEC) continuing its significant upward trend at 10.77% and Hedera (HBAR) rising 5.22%. Meanwhile, Bitcoin (BTC) continued its pullback, falling 1.60% in the last 24 hours to around $110,000. Ethereum (ETH) fell 1.35%, remaining around $3,900. In other sectors, the CeFi sector rose 0.66%, with Binance Coin (BNB) up 0.79%; the DeFi sector rose 0.59%, with World Liberty Financial (WLFI) up 3.92%; the Layer 2 sector rose 0.52%, with Merlin Chain (MERL) up 7.50%; meanwhile, the PayFi sector fell 0.93%, but Litecoin (LTC) bucked the trend, rising 2.52%. Crypto sector indices reflecting historical performance show that the ssiAI, ssiNFT, and ssiMeme indices rose 2.42%, 1.77%, and 1.42%, respectively.

Huoxun Finance News, October 30th – Bybit announced that its Solana staking asset bbSOL has officially received institutional-grade custody support from Anchorage Digital. Anchorage Digital is the first federally chartered crypto bank in the United States, providing secure and compliant asset custody services to institutional investors. This partnership marks a significant step for bbSOL in becoming an "institutional-grade" liquid staking token (LST) within the Solana ecosystem, creating a secure and reliable pathway for regulated entities to participate in on-chain yields. bbSOL is Bybit's Solana staking asset, allowing users and institutions to earn Solana staking rewards while maintaining asset liquidity and flexibility. With Anchorage Digital Bank's secure custody solution, bbSOL holders will benefit from bank-grade security and compliance guarantees that meet US federal regulatory standards, further enhancing the trust of funds, asset management institutions, and enterprises in Solana DeFi.

Huoxun Finance News, October 30th - According to a report in the Hong Kong Wen Wei Po, Wong Tin-yau, Chairman of the Hong Kong Securities and Futures Commission (SFC), stated yesterday that Hong Kong currently lacks regulations governing listed companies' participation in cryptocurrency investments. He added that the SFC will monitor the market situation and study providing relevant guidance. Wong further stated that Hong Kong currently has no legislation regulating listed companies' participation in virtual asset treasury arrangements. Regarding listed companies claiming to adopt Digital Asset Treasuries (DAT), Wong urged investors to carefully understand what DAT is and its underlying value. He also indicated that the SFC will study the issue of listed companies purchasing Bitcoin.

Huoxun Finance News, October 30th - According to Cointelegraph, the German parliament plans to consider a motion urging the government to recognize Bitcoin as a unique decentralized digital asset and to treat it strategically. The main opposition party, the Alternative for Germany (AfD), submitted a formal motion to the Bundestag opposing over-regulation of Bitcoin. The motion, submitted on Thursday, argues that Bitcoin is fundamentally different from other crypto assets and should not be included in the EU's Crypto Asset Market Regulation (MiCA). The motion claims that over-regulation of Bitcoin-related parties in the implementation of MiCA by various countries would jeopardize Germany's innovation capabilities, financial freedom, and digital sovereignty. The party also calls for attention to the trend of Bitcoin as a national strategic reserve asset, criticizing the German government for not strategically recognizing Bitcoin. Furthermore, it advocates maintaining the current 12-month tax-free holding period, retaining the VAT exemption policy, and guaranteeing individual self-custody rights. This motion makes Germany another EU country calling for exploring a national Bitcoin reserve and relaxing MiCA regulations.