KLEA Crypto Daily: Thursday, October 30, 2025

Published: October 31, 2025 – 00:04 UTC

Here’s a look back at the key stories from October 30, 2025.

Mastercard Eyes Acquisition of Zerohash for Stablecoin Expansion

Mastercard is reportedly nearing a $2 billion deal to acquire crypto infrastructure firm Zerohash, aiming to bolster its stablecoin and on-chain settlement capabilities.

Strategy Stock Rallies After Mixed Q3, 26% Bitcoin Yield YTD

Strategy Inc. (NASDAQ:MSTR) saw its stock rise after releasing a mixed third-quarter earnings report, with earnings per share missing estimates but revenue beating expectations. The company reported a 26% yield on Bitcoin year-to-date.

Coinbase Stock Climbs After Q3 Earnings: Here’s Why

Coinbase Global Inc. (NASDAQ:COIN) shares surged following the release of its third-quarter earnings report, surpassing analyst expectations on both earnings per share and revenue. The positive results contributed to the stock's upward movement.

ECB Targets 2027 Pilot Launch for Digital Euro

The European Central Bank plans to start a pilot for its digital euro in 2027, pending approval from EU lawmakers. This move is seen as crucial for maintaining the euro area's financial autonomy amidst increasing reliance on external payment systems and stablecoins.

JPMorgan Advances Blockchain Strategy With Upcoming Fund Tokenization Platform, Kinexys

JPMorgan is set to launch "Kinexys," a fund tokenization platform by 2026, marking a significant step into the tokenized asset space. This platform aims to digitize fund subscription and redemption processes, offering improved settlement speed, reduced costs, and greater flexibility compared to traditional structures.

Jump Crypto Swaps $205M SOL for $265M BTC in Recent Transfer

Jump Crypto reportedly exchanged 1.1 million unlocked SOL for 2,455 BTC in a recent transaction with Galaxy Digital, as per Lookonchain data. The swap, worth approximately $205 million in SOL and $265 million in BTC, highlights significant movement in the crypto market.

'Cut-Throat' Battle for Crypto ETNs Erupts in UK After Retail Ban Lifted

With retail access restored, crypto exchange-traded notes issuers slash fees to historic lows, signaling an intensifying battle for UK market dominance.

Bitcoin Bears Give Three Reasons Why the Bull Market Is Over

Bitcoin MACD’s bearish crossover and the duration after BTC’s last halving could be signs that the 2025 bull run is over, raising questions about the future trajectory of the market.

Indonesia Plans Government-Backed ‘Stablecoin’ to Complement Digital Rupiah CBDC

Bank Indonesia announces plans to create digital securities resembling stablecoins, backed by government bonds and the digital rupiah, to support the country's digital finance strategy.

Europol: Crypto crimes place ‘a significant burden’ on law enforcement

Europol warns that crypto crimes are becoming more sophisticated and organized, posing challenges for law enforcement agencies in combating activities like terrorism financing and drug trafficking.

MetaMask Advances Towards a Unified Crypto Wallet with Solana and Bitcoin

MetaMask is expanding its reach by adding native support for Solana, with plans to include Bitcoin in the future. This move aims to make MetaMask the first primary wallet to support Ethereum, Solana, and Bitcoin, streamlining user experience across different blockchains.

Elite Ferrari Clientele to Bid on Le Mans Race Car with Digital Tokens

Ferrari is introducing a "Token Ferrari 499P" for its exclusive customers to bid on a Le Mans-winning race car using digital tokens. This initiative blends luxury and blockchain technology, raising questions about the impact on cryptocurrency liquidity and the intersection of high-end markets with digital assets.

Ethereum US Spot Demand Slips Amid Crypto Market Pressure

U.S. Ethereum demand cools as ETF inflows stall, but experts see this as a rotation, not a reversal, ahead of a utility-driven cycle.

Bitcoin Slips To $110,000, Ethereum, XRP, Dogecoin Slide 3% On Thursday

Bitcoin is back to $110,000 as weak ETF inflows and fading expectations of a December rate cut weigh on bullish sentiment. Liquidations totaled $829.46 million across 167,509 traders in the past 24 hours, with the Crypto Fear and Greed Index falling deeper into the fear zone at 34.

Bitcoin Drops as Fed Signals Uncertainty Over Future Rate Cuts

Bitcoin prices fell sharply as the U.S. Federal Reserve hinted at a more cautious stance on future rate cuts, causing volatility in both traditional and digital asset markets. This decline reflects Bitcoin's increasing correlation with broader financial uncertainty.

21Shares Files for HYPE Spot ETF Amid Expanding Crypto Fund Landscape

Swiss-based 21Shares has filed with the SEC to launch an ETF offering direct exposure to the HYPE token, marking a significant move beyond Bitcoin and Ethereum ETFs. This signals a growing trend in the crypto fund landscape and regulatory approvals for altcoin-based ETFs.

Institutional Backers Plot $500M Canton Token Treasury: Report

DRW Holdings and Liberty City Ventures are reportedly exploring the creation of a Canton Network token treasury, signaling significant institutional backing for the blockchain.

Megaeth Ico Crosses $1 Billion in Commitments

The public token sale conducted via Sonar is oversubscribed by 20x, with just over nine hours until it closes.

Bybit's bbSOL Gains Institutional Custody Support from Anchorage Digital

Bybit's staked SOL token, bbSOL, is now supported for institutional custody by Anchorage Digital, reinforcing its institutional-grade standing within the Solana ecosystem.

Source: KLEA News