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Amidst a Favorable Regulatory Climate, Canary Capital Advances in the Crypto ETF Space with Litecoin and HBAR Filings

Final Allocations to be Determined by Community Engagement Metrics, Following Rapid Oversubscription

Whale Sparks Market Activity by Withdrawing Over a Billion Tokens as Pump.fun's Buybacks Surpass $150 Million

Unveiling Arc: A New Blockchain Utilizing USDC as Native Gas Token with Major Tech and Financial Giants in the Testing Phase

Enhancing Institutional Yields through Combined Staking and Restaking Services in Linea's zkEVM Layer 2

S&P Global has assigned a "B-" credit rating to bitcoin treasury company Strategy, classifying it as junk debt but with a stable outlook. The Federal Reserve is expected to cut interest rates by 25 basis points, with a possible split in the voting. The Hong Kong Securities and Futures Commission has launched a tender for a virtual asset trading monitoring system. Citi is partnering with Coinbase to explore stablecoin payment solutions. ZEC surged significantly due to halving and privacy topics. Summary generated by Mars AI. The accuracy and completeness of this summary are still being refined and updated by the Mars AI model.

Key indicators (4:00 PM Hong Kong time on October 6 -> 4:00 PM Hong Kong time on October 27): BTC/USD -6.4...
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In Brief BlackRock's Bitcoin spot ETF boosted confidence, defying expectations of Bitcoin's end. Altcoin ETFs could eliminate current institutional investor limitations, spurring market growth. Lack of BlackRock's altcoin ETF may limit long-term support, risking market disillusionment.
- 00:28Australian financial regulator issues updated guidelines, plans to expand cryptocurrency regulatory scopeJinse Finance reported that the Australian Securities and Investments Commission (ASIC) released a revised version of Information Sheet 225 (Info Sheet 225) on Tuesday, clarifying which digital asset products and services may be classified as financial products under the Corporations Act framework. The latest update replaces the previous term "crypto-asset" with the broader term "digital assets," aiming to comprehensively cover virtual assets, tokenized assets, and token-based products without omissions. Although this guidance does not have the force of new law, ASIC stated that its purpose is to provide greater regulatory certainty for businesses ahead of the Australian Treasury's planned introduction of the Digital Asset Platforms and Payment Service Providers bills. This bill will introduce a formal licensing regime for cryptocurrency exchanges, custody platforms, and certain stablecoin issuers. In addition, ASIC reiterated that, under current laws, many digital assets—including yield-bearing tokens, staking programs, and asset-referenced stablecoins—may require an Australian Financial Services license. This final version of the guidance is based on ASIC's consultation work conducted in December 2024, expanding the number of practical case studies from 13 to 18 and adding new chapters on custody, fund management, and transitional exemptions. These practical cases cover a wide range of topics, including exchange-issued tokens, gaming-related NFTs, yield-bearing stablecoins, wrapped tokens, and staking-as-a-service platforms.
- 00:27Neutron: Bitcoin Summer Vault will close on November 1On October 29, Cosmos cross-chain smart contract platform Neutron officially announced that the Ethereum-based Bitcoin Summer Vault will be closed on November 1, and depositors have 4 days left to withdraw their funds.
- 00:27Bitcoin treasury company Sequans transfers 970 BTC, suspected to be its first saleAccording to Jinse Finance, monitored by Emmett Gallic, Sequans, a bitcoin treasury company holding over 3,200 bitcoins, has transferred 970 BTC. The company sent the bitcoin to an address, which then tested an unused address suspected to be a deposit address for an exchange. Analysts say that if confirmed, this would be the first time Sequans has sold bitcoin since its establishment.