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1Bitget 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.2Bloomberg: $263 million in political donations ready as the crypto industry ramps up for the US midterm elections3Solana Maintains 3-Year Support, Eyes $280 Resistance for Next Key Breakout
Flash
- 16:10Banks and fintech companies accelerate digital asset mergers and acquisitions, Citizens Bank predicts intensified industry consolidationAccording to ChainCatcher, market sources indicate that a recent research report from Citizens Bank in the United States shows that mergers and acquisitions in the digital asset industry are accelerating and are expected to speed up further. With the passage of the GENIUS Act (stablecoin regulations) and the anticipated introduction of the CLARITY Act (market structure), the U.S. regulatory environment has shifted from "hostile" to supportive, prompting banks, payment processors, and asset management companies to actively integrate blockchain infrastructure. The report points out that Mastercard is in talks to acquire ZeroHash for up to $2 billion, and an exchange is also close to completing a similarly sized acquisition of London-based BVNK. The complexity of technology, talent shortages, and compliance requirements make acquisitions the most practical expansion path for traditional institutions. The market capitalization of stablecoins has increased from $250 billion in mid-year to about $315 billion, and is expected to exceed $1 trillion. Citizens Bank predicts that by 2030, the tokenization market could generate nearly $100 billion in annual revenue, including trading, custody, and data services.
- 16:10Data: 10 Bitcoin ETFs saw a net outflow of 3,693 BTC in a single day, while 9 Ethereum ETFs saw a net inflow of 5,135 ETH.According to ChainCatcher, monitored by Lookonchain, 10 bitcoin ETFs saw a net outflow of 3,693 BTC, equivalent to approximately $399 million. Among them, Fidelity had an outflow of 1,482 BTC, worth $160 million, and currently holds a total of 205,365 BTC, valued at $22.2 billion. On the same day, 9 ethereum ETFs had a net inflow of 5,135 ETH, about $19.51 million. Among them, Grayscale Ethereum Mini Trust saw an inflow of 18,101 ETH, worth $68.78 million, and currently holds a total of 743,453 ETH, valued at $2.83 billion.
- 16:10Data: $1.148 billion liquidated across the entire network in the past 24 hours, mainly long positionsChainCatcher news: In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $1.148 billion, of which long positions accounted for $984 million and short positions accounted for $163 million. A total of 222,855 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $21.4298 million.