Coinbase Global Inc. is in advanced negotiations to acquire BVNK, a stablecoin infrastructure provider, for approximately $2 billion. The transaction is undergoing due diligence and is expected to close by late 2025 or early 2026, according to industry sources.

Electric Coin Co., the organization behind Zcash and its Zashi wallet, has released its fourth-quarter 2025 development roadmap. The plan prioritizes ephemeral address integration for swaps via NEAR Intents and hardware wallet enhancements for Keystone users. Zcash currently trades around $420, reflecting substantial growth from $50 in mid-September.

Decentralized perpetual futures platforms recorded over $1.3 trillion in trading volume during October, the first time on-chain exchanges exceeded the trillion-dollar mark in a single month. The figure nearly doubled September's $738 billion, with open interest reaching approximately $17.9 billion, data show.

Ethereum has held support at $3,680 through four tests since a recent market decline, each producing approximately 17% rebounds. Data show staked ETH carries an MVRV ratio of 1.7 compared to 1.5 for circulating supply, reflecting roughly 20% more unrealized profit among stakers.

Coinbase stock (COIN) hit $350 on October 31 after posting strong third-quarter results and amid reports of acquisition negotiations. The exchange reported $1.9 billion in revenue and $432.6 million in net income for Q3 2025, up 55% year-over-year. Coinbase is in late-stage talks to acquire London-based stablecoin infrastructure provider BVNK for approximately $2 billion, according to Bloomberg.

Spot Solana exchange-traded funds from Bitwise and Grayscale attracted approximately $200 million in combined net inflows during their first week of trading, excluding seed capital. Bitwise's BSOL led with $197 million in cumulative inflows since launching Tuesday, while Grayscale's GSOL recorded $2.2 million. The two funds now collectively hold over $500 million in assets.

Blockchain infrastructure firm BitMine has acquired 7,660 ETH valued at approximately $29 million from Galaxy Digital, marking renewed institutional accumulation in Ethereum. The purchase arrived in two separate transfers to BitMine's primary address, adding to the firm's previous ETH purchases exceeding $820 million. The move contrasts with declining retail sentiment, as prediction markets now show only 34% confidence that ETH will reach $5,000 by year-end.

The Electric Coin Company released its fourth-quarter 2025 roadmap on October 31, detailing priorities for privacy enhancements and technical improvements. The announcement comes as ZEC trades near $422, reaching an eight-year high and pushing the token's market capitalization above $7 billion.