Coinbase is in advanced talks to acquire London-based stablecoin infrastructure provider BVNK for $1.5 billion to $2.5 billion, according to Bloomberg sources. The deal, currently under due diligence, could close in late 2025 or early 2026. Terms remain subject to change and completion is not guaranteed.

Bitwise and Grayscale's Solana exchange-traded funds have collectively surpassed $500 million in assets under management shortly after launching on the New York Stock Exchange. Bitwise's BSOL drew nearly $70 million on its first trading day and added $130 million over the following two days, data show. Grayscale's GSOL fund began trading one day later, recording inflows of approximately $2.2 million.

Electric Coin Co. has released its fourth-quarter 2025 development roadmap, prioritizing wallet infrastructure and privacy features for the Zcash network. The plan includes ephemeral address generation, automated transparent address rotation, and Pay-to-Script-Hash multisig support. ZEC currently trades near $420, with over 4.1 million tokens held in the Orchard shielded protocol.

Cardano recorded negative exchange netflows of $3.02 million, with 37.5 million ADA tokens worth $22.8 million transferred from Coinbase to an unidentified wallet. ADA is trading between $0.60 and $0.62. Derivative data shows taker buy dominance, indicating renewed accumulation activity among large holders.

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.

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.

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.

Solana exchange-traded funds drew $44.4 million over four days, pushing total assets beyond $500 million. Bitcoin ETFs saw $191 million in outflows during the same period, while Ethereum funds declined by $98 million. The divergence signals shifting institutional capital allocation within digital assets.