Daily Summary, 28 October

Results of the day, October 28

🇷🇺 Regulation
* The Bank of Russia proposed creating legislative regulation for cryptocurrency exchanges as soon as possible.
* Congressman Ro Khanna proposed a bill that would prohibit the President and US officials from owning, trading, or issuing cryptocurrency.
* In France, Éric Ciotti’s party is preparing a bill to create a national Bitcoin reserve of 420,000 BTC.

🏦 Companies and Institutions
* The SPB Exchange began trading a settlement futures contract on the IETHUSD index.
* Circle, the issuer of USDC, is beginning testing of its own ARC blockchain with major institutions, including: BlackRock, Visa, AWS, and Anthropic.
* Evernorth, a pocket company of Ripple Labs, bought $1 billion worth of XRP.
* Western Union will issue a stablecoin on the Solana blockchain, according to The Wall Street Journal.

📊 Markets and Tokens
* The CEO of BlackRock believes that crypto and gold are not tools for earning money, but rather protection against currency devaluation and global instability.
* The price of the HYPE token on the Lighter platform first surged by approximately 100% and then fell.
* ETHZilla, a company that consistently bought ETH for its balance sheet, sold $40,000,000 worth of Ethereum.
* The cumulative trading volume of futures on DEX exchanges in the 3rd quarter exceeded $2 trillion. Leaders: Hyperliquid, Lighter, and Aster.
* In the US, trading of the first spot ETFs on SOL, LTC, and HBAR officially started.

🌐 Events and Forecasts
* A statue of Binance founder Changpeng Zhao will be installed in Washington.
* Trump Media will launch a prediction market called Truth Predict.
* Elon Musk launched Grokipedia — an analogue of Wikipedia, currently with 885,000 articles.
* Donald Trump stated that Japan will invest $550 billion in the United States.
* Researcher Edwards warns that quantum technologies could break Bitcoin’s security within just 2 years.