Strategy (MSTR), the corporate Bitcoin holder led by Michael Saylor, is preparing to issue credit securities in international markets. CEO Phong Le announced the initiative during the Q3 earnings call, marking the firm's expansion into digital asset-based credit instruments beyond U.S. borders. The company reported operating income of $3.9 billion and net income of $2.9 billion for Q3, reversing year-ago losses.

A Japanese state-backed utility has deployed 4.5 MW of Canaan Avalon hydro-cooled mining rigs to absorb surplus renewable energy and stabilize the national power grid. The mining hardware functions as an adjustable load buffer, powering down during high demand and reactivating when renewable generation exceeds consumption. The project positions Japan as the 11th country with government-affiliated Bitcoin mining infrastructure.

Stablecoin providers account for 60% to 75% of total daily protocol revenue across lending, decentralized exchanges, and blockchain infrastructure. Tether projects $15 billion in revenue for 2025 with a 99% profit margin, according to CEO Paolo Ardoino. Synthetic dollar USDe has risen to become the third-largest stablecoin, while Coinbase offers 3.85% APY on USDC holdings.

Venezuela is developing a national banking infrastructure that will allow citizens to hold, transfer, and convert Bitcoin and stablecoins through regulated financial institutions. The system, expected to launch by December 2025, aims to formalize widespread informal crypto usage driven by hyperinflation. Financial technology provider Conexus, which processes nearly half of the country's digital transfers, is building the blockchain infrastructure to connect local banks with crypto networks.

Zcash, Trump Coin, and ai16z have emerged as top trending cryptocurrencies, each driven by distinct catalysts including privacy demand, political speculation, and AI innovation. High 24-hour trading volumes and rapid price movements reflect thematic narratives actively shaping investor sentiment. The shifts occur amid broader market uncertainty as investors pivot toward narrative-driven assets focused on privacy, politics, and artificial intelligence.

Bitcoin is retesting the 0.85 supply quantile at $109,000, a threshold indicating 85% of circulating supply holds unrealized gains. Holding this level has historically triggered major rallies, while breaching it often leads to declines toward the 0.75 quantile at $98,000, data show. The cryptocurrency briefly dipped below this mark multiple times in recent sessions but recovered each time.

Solana is trading around $188 after several failed rally attempts, with analysts warning that a break below $180 could trigger substantial downside. Cryptocurrency analytics firm MakroVision identifies the $173–$180 range as crucial short-term support, while deeper levels at $155–$148 and potentially $115–$50 remain under focus if momentum continues to weaken.

Ethereum developers set December 3 as the mainnet launch date for the Fusaka upgrade during an All Core Developers Consensus call on October 30. The upgrade will introduce PeerDAS and expand the block gas limit from 30 million to 150 million units. Testing was completed on the Hoodi testnet on October 28, following earlier trials on Holesky and Sepolia networks.