According to the latest announcement from the Norwegian Tax Authority, over 73,000 people declared cryptocurrency holdings in 2024, totaling over $4 billion, representing a year-on-year increase of approximately 30%. Nina Schanke Funnemark, Tax Director of the Norwegian Tax Authority, stated that several measures implemented in recent years have been effective, with more people declaring their crypto assets as required to ensure tax accuracy. Data shows that approximately $550 million of the declared assets were gains, while $290 million were losses. Norway plans to require exchanges and custodians to report their crypto holdings through third parties starting in 2026.

According to Whale Alert monitoring, around 06:13 Beijing time today, 1,622,960 LINK (worth approximately US$28,883,445) was transferred from an unknown wallet to Coinbase.

Coinbase has expanded its partnership with institutional staking provider Figment, allowing Coinbase Prime customers to stake multiple PoS assets, including Solana, Avalanche, Sui, and Aptos, directly through Coinbase Custody. Previously limited to Ethereum, this partnership has facilitated over $2 billion in staking since its inception in 2023. Coinbase Prime offers trading, financing, and custody services for institutional investors across over 440 digital assets. Figment manages $18 billion in staked assets across over 40 protocols. This move comes amid the launch of several staking ETFs in the US, such as the Bitwise Solana Staking ETF (BSOL), and is expected to further expand institutional staking activity following the SEC's determination that some liquid staking does not constitute securities transactions.

Several crypto-related Super PACs (PACs) in the United States are preparing for the 2026 midterm elections and have raised approximately $263 million. This is nearly double the amount raised by Fairshake, the largest committee in 2024, and slightly more than the entire oil and gas industry's spending during the same period. The data also shows that the industry continues to expand its influence by promoting legislation and appointing friendly regulators.

According to CME's "Fed Watch," there's a 99.5% probability that the Fed will cut interest rates by 25 basis points in October, and a 0.5% probability that they'll keep rates unchanged. The probability of a cumulative 50 basis point rate cut by December is 91.6%.

The first ETFs tracking the spot prices of Litecoin and Hedera—Canary Litecoin (LTCC) and Canary HBAR (HBR)—along with the first Solana-staking ETF—Bitwise Solana Staking (BSOL), launched on October 28. The three ETFs saw a combined trading volume of $65 million on their first day, with BSOL accounting for the majority at $56 million, reaching $10 million in the first hour alone. BSOL set a record for the highest first-day trading volume for an ETF this year. As of October 20, there were 155 applications for crypto ETFs/ETPs in the US, covering 35 digital assets, primarily SOL and BTC.

Ethereum's next hard fork, Fusaka, was successfully activated on the Hoodi testnet on Tuesday, the final step following the Holesky and Sepolia testnets earlier this month. Fusaka is planned to undergo at least 30 days of testing before its mainnet launch, with core developers tentatively targeting December 3rd. The upgrade will improve Ethereum's scalability, efficiency, and security, including increasing block gas limits, expanding "blob" capacity, and introducing new node security features. The upgrade includes several Ethereum Improvement Proposals (EIPs), including EIP-7594, which introduces PeerDAS technology, enabling validators to spot-check data fragments rather than full blobs, thereby improving Layer 2 data availability. The Ethereum Foundation also launched a four-week security audit competition with a $2 million prize pool. The Fusaka hard fork comes approximately six months after Ethereum's last major upgrade, Pectra, and developers are already planning for the next upgrade, Glamsterdam.

WisdomTree has announced a partnership with Bank of New York Mellon (BNY) to provide on-chain and off-chain access for retail investor funds in its digital asset investment app, WisdomTree Prime. The app already supports Bitcoin, Ethereum, tokenized gold, and the WisdomTree digital fund, and has launched its own stablecoin, USDW, for paying fund dividends. In addition to USDW, the app also supports the stablecoins USDC and PYUSD. BNY also serves as the custodian and banking partner for USDW reserves, facilitating the integration of digital assets with traditional finance.

According to Whale Alert monitoring, around 03:04 Beijing time today, 2,029,841 LINK (worth approximately US$37,316,180) was transferred from an unknown wallet to Coinbase.

OpenAI CEO Sam Altman: Given the company's future capital needs, an IPO is the most likely path.

For decades, online advertising has been the only way the internet has stayed alive.

The real greatness of x402 is not its technology, not its products, but its business vision.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

Recommended reading for tonight: 1. What impact will the Solana ETF listing have on the SOL price? 2. A review of the 402Bridge attack and other theft cases caused by private key leaks. 3. The bubble burst of 8 star VC-backed projects.

The fourth quarter may quickly be dominated by the ETF narrative, boosting related areas such as DeFi.

Crypto VC has been declining in the market cycles of recent years. The return rates, voice, and influence of almost all VC institutions have decreased to varying degrees, and even VC coins have been "sneered at" by many investors.

$1 billion in net ETF inflows would increase the SOL price by approximately 34%.

Prediction market operator Kalshi has filed a lawsuit against the New York State Gaming Commission, accusing the regulator of exceeding its authority by ordering the platform to halt operations in the state.

Is the model unsustainable? Is the ecosystem slow to launch? Or is it because competitors are too strong and market demand is insufficient?

Solana provides Base with $500 million in hidden subsidies annually, yet few people notice. Stablecoins are becoming commoditized, and distribution channels are becoming a new moat.