Daily Market Wrap | Oct. 30

2025-10-30 11:14:35

Abstract generation in progress

Hot Topics

ASIC expands digital asset oversight, applying existing financial laws to tokens, stablecoins, and custody, requiring up to A$10M in net assets ahead of new licensing regime.

Bitcoin fell to $108K post-Fed but rose above $110K as Trump cut China tariffs to 47% and resolved rare earths, with easing liquidity supporting further gains.

Market Updates

Consensys, MetaMask’s creator, plans an IPO led by JPMorgan and Goldman Sachs, potentially the largest Ethereum-native listing amid crypto firms’ public debuts.

Mastercard nears $1.5B-$2B acquisition of Zero Hash to boost stablecoin payments.

TeraWulf raises $500M via 2032 convertible notes for Texas data center, amid AI/HPC pivot and $9.5B Fluidstack JV.

BTC-0,16%

ETH0,07%

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