Bitget Daily Digest（October 30）｜Tether becomes the world's 17th largest holder of US Treasuries; SEC to rule today on Nasdaq Ethereum Trust staking proposal; Alternative for Germany proposes including Bitcoin in national strategic reserves.

Today's Outlook

1. From October 30 to 31, 2025, the HODL Summit Dubai will take place in Dubai, UAE, focusing on blockchain, cryptocurrencies, and digital transformation.
2. From October 29 to 31, 2025, the Dakar Bitcoin Days III conference continues in Dakar, Senegal, addressing Bitcoin’s impact on financial inclusion and society in African countries.
3. The US SEC is set to make a decision today regarding Nasdaq’s Ethereum Trust staking proposal.

Macro & Hot Topics

1. Tether’s CEO announced that the company currently holds $135 billion in US Treasuries, making it the 17th largest holder globally.
2. Mastercard is in late-stage acquisition talks with Zerohash, with the deal valued at an estimated $1.5-2 billion, signaling a major push into stablecoins and foundational Web3 infrastructure.
3. A YZi Labs report showed that BNB’s historical supply burn has exceeded 62 million tokens, about 31.8% of the total supply, with 137 million currently in circulation.
4. MicroStrategy founder Michael Saylor predicts Bitcoin could reach $150,000 by year-end and may target $1 million in the future.

Market Performance

1. BTC and ETH experienced slight declines over the past 4 hours, with market sentiment remaining cautious. The past 24 hours saw $51.36 million in liquidations, mainly long positions.
2. US stocks closed mixed: the Nasdaq rose 0.55%, the Dow Jones fell 0.16%, and the S&P 500 remained flat, as markets focus on Powell’s comments.

3.The Bitget BTC/USDT liquidation heatmap shows the current price at 110,576; intensive high-leverage liquidations are concentrated in the 110,000–115,000 range. A breakout or breakdown could trigger significant volatility.

4.In the last 24 hours, BTC spot saw $220 million inflows and $208 million outflows, for a net inflow of $12 million.

5.Over the past 24 hours, BTC, ETH, XRP, BNB futures trading saw leading net outflows, suggesting potential trading opportunities.

News Highlights

1. Germany’s main opposition party, Alternative for Germany (AfD), submitted a motion to the Bundestag calling for Bitcoin to be included as a national strategic reserve asset and opposing excessive regulation.
2. The chairman of Hong Kong’s SFC stated new guidelines would be issued for the financial handling of digital assets and is studying the issue of listed companies holding Bitcoin.
3. Singapore’s DBS and Goldman Sachs completed their first interbank OTC crypto options trade, involving BTC and ETH.
4. US lawmakers warn that “Trump’s push to channel retirement savings into crypto” could have disastrous consequences.

Project Updates

1. Ondo Finance expands tokenized securities services to BNB Chain and partners with Bitget Wallet, enabling global investors to participate in US stocks and ETFs via Web3 wallets.
2. Helius launches “Orb,” a Solana blockchain explorer featuring AI-powered explanations and transaction heatmaps.
3. Infinit partners with Virtual Protocol to provide DeFi AI infrastructure for over 17,000 AI agents, driving deeper integration of AI and blockchain.
4. GoPlus Security forms a strategic alliance with Brevis Network to jointly develop “security oracles” for the Web3 space.
5. Telegram’s founder announces the launch of Cocoon, a decentralized AI computing network.
6. MegaETH's public sale has now raised $954 million, with subscriptions exceeding the target by 19.1 times.
7. Bitget Wallet is integrating deeply with NFT projects on BNB Chain, enabling cross-chain NFT trading functionality.
8. Animoca Brands announces the acquisition of Aerodrome Finance and confirms purchase and staking of AERO tokens.
9. MetaMask unveils upcoming features to support Bitcoin and Solana mainnets, accelerating its multi-chain wallet upgrade.
10. Sui AI Incubator Surge selects Adapt, a multi-agent protocol, as its first incubated project, accelerating the construction of its AI ecosystem.

Disclaimer: This report is AI-generated and has undergone manual fact-checking. It is for informational purposes only and does not constitute investment advice.