Ethereum treasury ETHZilla sells $40M in ETH to buy back 600k shares

Maja Vujinovic, the CEO of FG Nexus, shares insights on the necessity for traditional finance (TradFi) to embrace public blockchains like Ethereum. As financial systems globally face unprecedented changes, the shift towards decentralized technologies is not just a trend but a crucial evolution for efficiency and transparency in payments, settlements, and custody. This transition could redefine how institutions operate, making it essential for them to adapt to stay competitive.

Securitize, a tokenization company backed by BlackRock, is set to go public through a $1.25 billion merger with a Cantor Fitzgerald affiliate, aiming to list on Nasdaq. This move is significant as it highlights the growing interest in digital asset tokenization and the support from major financial players like BlackRock, potentially paving the way for more innovations in the financial sector.

SharpLink is making waves in the crypto world with its plan to deploy $200 million in Ethereum through a partnership with Linea. This move is expected to significantly impact Ethereum's scaling and decentralized finance (DeFi) landscape, paving the way for greater institutional adoption and improved governance. As the crypto market continues to evolve, such strategic partnerships are crucial for driving innovation and enhancing the overall ecosystem.

In a recent analysis, Cantonese Cat discussed the current state of Dogecoin, suggesting that the cryptocurrency is approaching the end of a long accumulation phase. He emphasized that the recent market fluctuations are part of this natural process rather than a setback. While he refrained from providing specific price predictions, he noted that Dogecoin's market behavior is aligning with broader risk-on trends, often following Ethereum's movements. This insight is significant for investors looking to understand the potential future of Dogecoin.

Litecoin is making waves with a price prediction of $135 as it prepares for the launch of its ETF on Nasdaq. After recently breaking above $105, Litecoin is consolidating around $102, reflecting a bullish trend ahead of the SEC's decision. Meanwhile, PEPENODE is gaining traction with a presale reaching $1.96 million, driven by its innovative mine-to-earn model and strong community backing. With a potential ROI of 585% by 2026, the excitement around these developments highlights the growing interest in cryptocurrency investments.

Evernorth Holdings is making significant strides towards launching a publicly traded XRP treasury on the Nasdaq, having already accumulated 388.7 million XRP. This move is important as it could enhance the visibility and legitimacy of XRP in the financial markets, potentially attracting more investors and boosting the cryptocurrency's adoption.

Metaplanet, a Tokyo-listed Bitcoin treasury company, has initiated a $500 million buyback after its market-based net asset value (mNAV) dropped to 0.88. This move highlights the company's strategy to leverage its Bitcoin holdings in response to declining stock value. It’s significant as it reflects the ongoing volatility in the cryptocurrency market and how companies are adapting to maintain their financial health.

On October 28, major cryptocurrencies experienced a downturn as investors grew cautious ahead of the Federal Reserve's policy meeting. Bitcoin fell by 1.4% to $113,831, Ethereum dropped 3.7% to $4,090, XRP declined by 1% to $2.64, and BNB saw a 1.6% decrease. This decline is significant as it reflects the market's sensitivity to economic policy changes, which can impact investor confidence and market stability.

As we approach November, excitement is building in the crypto community over Bitcoin's historical performance during this month. A recent analysis by Daan Crypto Trades highlights that November has consistently been Bitcoin's best month, showcasing an average gain of 46% from 2013 to 2025. This trend has traders buzzing with anticipation, as many wonder if Bitcoin will break its cycle of volatility or continue its pattern of significant gains. Understanding these trends is crucial for investors looking to navigate the unpredictable world of cryptocurrency.

This week has started on a high note for the cryptocurrency market, with Bitcoin and Ether ETFs attracting a remarkable $283 million in inflows. This surge in investment highlights growing confidence among investors in these digital assets, signaling a potential shift in market dynamics. As more institutional players enter the space, it could pave the way for further adoption and innovation in the crypto sector.

Bitcoin miners are strategically positioning themselves with valuable power assets as the demand for AI technology surges, according to Canaccord. This shift not only highlights the adaptability of the mining industry but also suggests a promising future where these miners can leverage their resources for both cryptocurrency and AI applications. It's an exciting time for the sector, as it opens up new avenues for growth and innovation.

CreditBlockchain has launched a new cloud mining platform that allows crypto enthusiasts to mine cryptocurrency conveniently and securely without the hassle of hardware maintenance. This innovative service is powered by renewable energy sources like solar, wind, and hydroelectric power, making it an eco-friendly option in the crypto space. This matters because it not only simplifies the mining process for users but also promotes sustainability in an industry often criticized for its environmental impact.

The recent fallout surrounding Trump's ballroom project has left many crypto backers in the shadows, raising concerns about the future of the initiative. As investors grapple with the implications of this situation, the lack of transparency and public support could hinder the project's success. This matters because it highlights the challenges faced by cryptocurrency ventures in the political arena, and the potential impact on investor confidence.

Maja Vujinovic, the CEO of FG Nexus, shares insights on the necessity for traditional finance (TradFi) to embrace public blockchains like Ethereum. As financial systems globally face unprecedented changes, the shift towards decentralized technologies is not just a trend but a crucial evolution for efficiency and transparency in payments, settlements, and custody. This transition could redefine how institutions operate, making it essential for them to adapt to stay competitive.