📊 Daily Crypto Summary / 2025-10-28
🚀 Major Movements
• $BTC : $113,945 (-0.77%)
• $ETH : $4,114.59 (-1.41%)
• $LEO: $9.32 (+4.05%)
The markets show a cautious sentiment amid mixed news; altcoins face pressure ahead of major ETF launches.
📣 Major Headlines
Japan's JYPC launches the world's first stablecoin linked to the yen on Ethereum, Avalanche, and Polygon – a significant boost for the stablecoin landscape in Asia.
Citi partners with Coinbase to pilot stablecoin payments for cross-border transfers – traditional finance adopts faster payments with blockchain.
The U.S. Treasury signals a relaxation of tariffs on China with a new trade framework – potential relief for global markets and normalization of trade.
📉 What to Watch
• Launch of Solana, Litecoin, Hedera ETFs – Tuesday, observe market impact and investor inflows.
• Deadline for Mt. Gox repayments extended to October 31, 2026 – ongoing legal and financial saga affecting old investors.
• European adoption of stablecoins through ClearBank and Circle – expansion of USDC and EURC infrastructure underway.
📌 Quick Facts
• The bankruptcy of Iran's Ayandeh Bank affects 42 million customers, highlighting cryptocurrencies as an alternative.
• The growth of stablecoin infrastructure indicates broader adoption of digital currencies globally.
• Cryptocurrency ETFs could open doors for traditional investors in altcoins.
Stay tuned for more updates! 🚀
