Whale and institutional transactions:

1. Bitmine has staked an additional 159,728 ETH, bringing its total to approximately $390.6 million.
2. Three new wallets have acquired a combined total of 1,090 BTC, valued at roughly $90.38 million.
3. Kimchi has withdrawn 1.35 billion PUMP tokens, equivalent to $6.43 million, from Binance and OKX.

Today's cryptocurrency market remains volatile, with Bitcoin experiencing slight fluctuations throughout the day. Analysts warn that regulatory uncertainties and macroeconomic factors continue to influence investor sentiment. While some altcoins see modest gains, overall market capitalization shows signs of stabilization after recent declines. Experts advise caution amidst ongoing market turbulence.

According to data from Santiment, the Market Value to Realized Value (MVRV) ratio for Dogecoin (DOGE) stands at approximately 0.74, indicating that, on average, investors are incurring significant losses. Similarly, XRP's MVRV is around 0.92, also reflecting trader losses, which historically presents a lower-risk opportunity compared to periods where holders realize substantial profits.

In contrast, the 365-day MVRV ratios for Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK) have fluctuated between 0.97 and 1.04. This range suggests that the average market participants are near breakeven, with minimal signs of excessive profit-taking or capitulation pressures.

According to data from Santiment, the Market Value to Realized Value (MVRV) ratio for Dogecoin (DOGE) stands at approximately 0.74. This indicates that, on average, holders are experiencing significant losses. Similarly, the MVRV for Ripple (XRP) is around 0.92, also pointing to ongoing losses among traders. These figures suggest a historically advantageous entry point, offering lower risk compared to periods when investors are realizing substantial profits.

In contrast, the 365-day MVRV for Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK) has oscillated between 0.97 and 1.04, implying that, overall, traders are nearing break-even levels. This indicates a relatively balanced market with minimal signs of profit-taking or capitulation risk.

Zcash developers have announced that an update planned for November will triple the transaction speed. coindesk

Sophon Announces Closure of Sophon Chain Network

Sophon has announced its intention to discontinue the Sophon Chain network. The main network is scheduled to be fully shut down by November 30, 2026.

AXIS has been officially listed on Upbit's spot market for Korean won. Further details are available on Upbit's official notice.

BTC Axis Robotics (AXIS) announces new trading support across KRW, BTC, and USDT markets. Details can be found on the Upbit service center.
#Upbit #Listing
⏱️ Time (UTC): 11:00:02.021

New: AT Afro (AT) listed on Bithumb.
More details at: feed.bithumb.com

The regulatory authority has published the final version of the rule implementing the GENIUS Act, legislation signed into law by former President Donald Trump. The rule formalizes the framework established by the act, which aims to regulate certain aspects of the industry. Further details can be found on The Block's website.

Dogecoin Labs, supported by the Dogecoin Foundation, brings together MyDoge, DogeOS, and Such App in an effort to advance the adoption of DOGE in payments and decentralized finance (DeFi). The Block.

A total of 2,883,000 AXIS in prizes are up for grabs. Participants are invited to join the AXIS Robotics (AXIS) trading and net deposit top ranking event hosted by Upbit. Details are available at upbit.com.

Airdrop event commemorates the launch of the Afro (AT) KRW market, totaling 200 million won. No trading fees apply. feed.bithumb.com #Bithumb #Listing
⏱️ Time (UTC): 13:01:11.460

✅🔄 #SOL Alpenglow, the first major enhancement to Solana's consensus mechanism, has been deployed on the mainnet.

Kalshi announces that it will allow users to use cryptocurrencies such as Bitcoin and Ethereum as collateral for trading perpetual futures contracts. The platform aims to enable leveraged trading through crypto-backed loans. [Bloomberg]

Lighter plans to pursue a licensing application in the United States.

PumpFun has submitted Pump Bridge.

The DOOD token experienced a surge of nearly 300 percent since yesterday. By 13:55 Moscow time, it had risen to the top position in terms of open interest growth and maintained that lead until this evening. Today, starting at 07:51, DOOD began climbing the rankings for purchase volume across all centralized exchanges, and approximately an hour later, it secured the leading position.

#Careport 📊 Chart

The DOOD token has experienced an extraordinary surge, increasing by nearly 300 percent since yesterday. By 13:55 Moscow time, it had ascended to the top position in terms of open interest growth and maintained this lead into the evening. This morning, beginning at 07:51, the token started rising in purchase rankings across various centralized exchanges (CEXs), and approximately an hour later, it claimed the leading position.

Tesla (#TSLA) did not sell any Bitcoin during the third quarter of 2026.