Day: 2 October 2025

Bitcoin Consolidates as Exchange Reserves Fall, Supply Tightens

Quick Breakdown  Bitcoin consolidates near $130K as short-term holders take profits, while exchange reserves drop to 2.49M BTC, signaling tightening supply. Spot outflows and accumulation trends support price recovery from $109K to $118K, though derivatives-driven momentum raises volatility risks. Sustainable upside depends on spot market participation, with on-chain data showing ...

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Eddid ONE Becomes First in Hong Kong to Offer Tokenized RWA Subscription and Redemption

Quick Breakdown  Eddid ONE becomes Hong Kong’s first app to offer RWA subscription and redemption. Stablecoin support boosts efficiency for cross-market transactions. Global expansion underway with a tokenized assets portfolio including metals, bonds, and real estate. Eddid Financial has launched a new feature on its flagship trading platform, Eddid ONE, ...

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Sui Unveils suiUSDe, a Yield-Generating Stablecoin Built Natively on Its Network

Quick Breakdown  Sui introduces suiUSDe, the first non-EVM native yield-generating stablecoin. Ethena-powered model enables returns and supports SUI token buybacks. Regulatory and market risks may challenge adoption despite strong growth potential. Sui has rolled out suiUSDe, a synthetic stablecoin developed in collaboration with Nasdaq-listed SUI Group Holdings (SUIG) and Ethena ...

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