BTC falls below the $113000 mark

[Ethereum ICO Participant Deposits 1,500 ETH to Kraken for the First Time] Onchain Lens monitoring shows that an Ethereum ICO participant (address: 0x60d...e932) has deposited 1,500 ETH to Kraken for the first time, valued at $6.02 million. This participant acquired 20,000 ETH during the ICO at a cost of $6,220, with the current total value reaching $80.3 million, representing a return on investment of 12,914x.

OKX has announced the addition of Piggycell (PIGGY) to multiple services, including futures contracts, officially launching on October 29, 2025, at 16:00 (UTC+8). Notes: - The opening time for PIGGYUSDT perpetual contract trading is October 29, 2025, at 4:00 PM (UTC+8). Please plan accordingly. - The funding fee settlement cycle is every 4 hours. If the funding rate reaches the upper or lower limit, the settlement frequency will be adjusted to once per hour. - The leverage range is from 0.01x to 20x. Please pay attention to risk management when trading.

[Hong Kong Secretary for Justice: Issuance of fiat-backed stablecoins requires licensing] Hong Kong Secretary for Justice Paul Lam Ting-kwok stated that in recent years, stablecoins pegged to fiat currencies have developed rapidly. Anyone issuing fiat-backed stablecoins or stablecoins claiming to be pegged to the value of the Hong Kong dollar in Hong Kong must apply for a license from the Financial Authority. Issuers must comply with regulations on reserve asset management, redemption, and more, including properly segregating client assets and maintaining a sound stability mechanism.

[Trump Says He Won't Let the Fed Raise Interest Rates, Expects 4% GDP Growth Next Quarter] On October 29, U.S. President Trump stated that by the end of his second term, an estimated $21 trillion to $22 trillion in investments would flow into the United States. He emphasized that he would not let the Federal Reserve raise interest rates and predicted 4% GDP growth for the next quarter. Additionally, Trump expressed hopes for the U.S. to hold a significant position in the chip industry.

[Trump Clearly States Opposition to Fed Rate Hikes] U.S. President Trump stated that he would not allow the Federal Reserve to implement rate hike policies. This statement could have a significant impact on market expectations and the direction of monetary policy.