The FOMC delivered a 25 basis point rate cut but at the same time, Fed Chair Powell's comment on “December not guaranteed” triggered a sell-off with Bitcoin sliding below $110,000 and currently stabilizing near $108,500.
Spot ETF flows flipped negative: Oct. 29 saw Bitcoin ETFs net outflows of $471 million and Ethereum ETFs net outflows of $81 million. Bitwise’s Solana ETF debuted with inflows of $69.45 million, the highest daily inflow for any ETF in 2025.
Technical battleground: immediate support is $107,000–$109,000; while heavy supply sits at $117,000 and continues to cap rallies.
Tactical posture: reduce risk, keep cash available, and prefer staggered re-entry on confirmed demand; avoid momentum chasing into headline noise.
Bitcoin is back above $85,000 and the BTC-gold ratio is approaching 20 ounces, but central-bank demand for gold and volatile ETF flows tell very different stories about the two assets
The feature routes IPO shares through Coinbase's own FINRA-registered broker-dealer and penalizes quick flipping, extending the exchange's push to trade tokenized stocks and prediction markets under one "Everything Exchange."
An Apple Pay strategy role in New York and a Google Cloud Web3 architect post in Hong Kong both list stablecoins and tokenized deposits as preferred expertise, though neither company has announced a product.
The partnership adds custody and transaction infrastructure built for banks to Kakao Group's stablecoin push, following its July tie-up with Circle and its own wallet pilot now running across 43 million Kakao Pay users.