Metaplanet drew $100 million from a Bitcoin-collateralized credit facility on October 31 to fund additional BTC purchases, options-premium operations, and share buybacks. The Tokyo-based firm holds approximately 30,823 BTC and targets 210,000 BTC by 2027. The financing tests whether credit secured against existing Bitcoin reserves can replace equity issuance when stock valuations fall below net asset value.

StakeWise DAO recovered approximately $19.3 million in osETH and $1.7 million in osGNO following the Balancer V2 exploit that drained between $110 million and $128 million across multiple chains. Stream Finance froze deposits and withdrawals after disclosing a $93 million loss from an external fund manager, causing its xUSD stablecoin to depeg to 30–50 cents. The recovered amount represents approximately 15% of total Balancer losses, while Stream's collapse occurred entirely off-chain beyond smart contract controls.

Bitcoin dropped to $100,640.15, declining 5.6% in 24 hours and briefly breaking below $100,000 on Binance futures for the first time since June 23. The decline coincided with the dollar index rising to 100.215, four consecutive days of spot ETF outflows totaling approximately $1.34 billion, and $1.3 billion in futures liquidations across crypto markets.

President Trump told 60 Minutes on November 2 that China poses a competitive crypto threat, stating the country is "getting into it very big." The assertion contrasts with Beijing's 2021 ban on crypto trading and mining. Multiple parallel systems—Hong Kong's licensed market, the e-CNY CBDC exceeding ¥7 trillion in transactions, and gray-market stablecoin adoption—create the appearance of Chinese advancement in digital assets despite the mainland prohibition.

Perpetual decentralized exchanges recorded $1.049 trillion in 30-day volume as of October 24, crossing the $1 trillion threshold for the first time, data show. On-chain open interest stands at $15.83 billion, down 12% over the same period. The surge followed major liquidations on October 10-11, when a tariff-driven selloff triggered what industry trackers described as the largest liquidation event in crypto history.

Federal Reserve Governor Christopher Waller introduced a payment account proposal on October 21 that would provide stablecoin issuers and crypto firms access to Fed payment systems without full master account rights. The account would enable Fedwire and ACH connectivity while excluding interest payments, overdraft facilities, and emergency lending access. The framework aims to support payments innovation while limiting central bank exposure to digital asset entities.