VIP Daily Industry Report

Gate Research Daily Report: On November 3, BTC showed a generally weak and volatile trend, fluctuating around $108,900. ETH, after briefly consolidating above $3,850, dipped again to around $3,790, displaying a gradual downward movement. GT, following a short rebound, came under renewed pressure and is currently consolidating near $12.9. Meanwhile, BEAT became the market focus with a remarkable +58.90% surge.In broader market developments, decentralized exchange trading volume in October hit an all-time high of $613.3 billion. ARK Invest expanded its crypto holdings beyond $2.15 billion, while Tether reported over $10 billion in net profit for the first nine months of the year and launched both a share buyback program and an investment fund license application.

Gate Research Daily Report: On October 31, BTC experienced a rapid pullback from its high followed by a short-term rebound; ETH continued its downward trend but showed signs of stabilizing at the lows; GT stabilized and rebounded around $12.57 after repeatedly breaking support; JELLYJELLY rose approximately 40.56% within 24 hours. Strategy’s Q3 profit fell to $2.8 billion, and Bitcoin’s premium hit an 18-month low; Ethereum officially scheduled the Fusaka upgrade for December 3; after a pullback, Ethereum rebounded in the evening, with its trading range narrowing.

Gate Research Daily Report: Over the past week, bitcoin has traded between $107,500 and $116,388, moving between the 100-day and 200-day moving averages, with its consolidation phase expected to continue. Ethereum has fallen below the MA5, MA10, and MA30, trading at the lower Bollinger Band, showing clear short-term pressure. RZTO surged 231.55%, driven primarily by exchange listings and social media buzz. On October 30, Sapien announced the completion of a $10.5 million seed round, boosting SAPIEN by 19.84%. Mastercard plans to acquire crypto infrastructure company Zerohash for $2 billion. The pace of interest rate cuts may slow, with traders lowering bets on a December rate reduction.

On October 29, the crypto market experienced a broad pullback, with major assets under pressure. BTC fell 0.29%, retreating from above $116,000 to around $112,000, while ETH slipped 0.11%, maintaining a high-level consolidation pattern. Capital flows shifted toward the infrastructure and application innovation sectors — Pi Network (+16.77%) surged following a KYC expansion that spurred short-term inflows; APRO Token (+22.73%) rallied on optimism surrounding its “Oracle 3.0” update and new ecosystem plan; and Puffer (+29.82%) gained traction as its UniFi AVS launch positioned it at the forefront of Ethereum scalability development. Meanwhile, t54.ai introduced x402-secure, establishing a programmable trust and verification framework for the agent ecosystem; Visa expanded its stablecoin support network, with quarterly crypto payment volumes rising fourfold year-over-year; and Tether Gold’s market value surpassed $2.1 billion, which — together with PAX Gold — now accounts for nearly 90% of the $3.7 billion token

Gate Research Daily Report: On October 27, BTC maintained a steady upward trend, trading above the 30MA, with the short-term trend leaning bullish; ETH continued its strong upward momentum, remaining above the short- and mid-term moving averages; GT broke above the upper boundary of its short-term consolidation range, showing a significant boost in short-term momentum. Additionally, PAYAI (+107.6%), DIA (+75.26%), and SYND (+20.26%) surged strongly, with rapid capital inflows into the x402 sector, keeping market hotspots active. The non-circulating supply of Bitcoin declined, with approximately 62,000 BTC flowing out of long-term holders’ wallets. JPYC launched its yen-backed stablecoin and the issuance/redemption platform JPYC EX. Meanwhile, Kalshi’s 30-day trading volume surpassed $4 billion, setting a new record for annualized trading volume.

Gate Research Daily Report: On October 24, BTC once again broke above the $110,000 mark; ETH showed a consolidating and choppy trend, rebounding slightly after finding support near $3,750; GT remained range-bound around $15.8. Most tokens continued their strong upward momentum, with market sentiment running high and trading activity notably increasing. Bitcoin’s return above $110,000 boosted optimism as market sentiment was lifted by policy and macroeconomic factors, while the awakening of a “Satoshi-era” wallet—dormant for 14 years and transferring 150 BTC—drew widespread attention.

Gate Research Daily Report: Bitcoin is at a critical juncture, having formed a short-term bottom, but buying momentum remains weak. Ethereum is trading in a narrow range, with its trend still unclear. YB has officially entered circulation and launched on platforms including Gate, boosting trading activity, with a 24-hour increase of 22.41%. SOPH rose 14.81% over the past 24 hours, with recent volatility possibly related to major capital positioning. NIL gained 8.18% in 24 hours, mainly driven by the NIL Foundation launching its testnet, which is expected to enhance network performance and attract developers. FalconX plans to acquire 21Shares to expand its presence in crypto financial products. Bitcoin’s MVRV has fallen below the 365-day moving average, potentially signaling a market bottom.

On October 22, the crypto market experienced a volatile pullback, with major tokens under pressure. BTC fell 0.88%, consolidating near key support levels, while ETH dropped 1.63%, showing continued weakness. AI-related tokens moved against the trend — BLUAI surged 295%, driven by its listing on Gate and the “AI × Sui” narrative; COAI rose 39%, focusing on the AI Agent ecosystem; and LIGHT gained 26%, boosted by its whitepaper release and growing interest in the Bitcoin ecosystem. Meanwhile, overall market structure showed signs of stabilization. Bitcoin’s open interest declined 30% over the week, easing leverage risks, while Gate Perp DEX surpassed $1 billion in cumulative trading volume, leveraging the Gate Layer network and high-performance matching engine to emerge as a key growth driver in decentralized derivatives.

Gate Research Daily Report: On October 20, BTC is trading above the MA30, indicating that short-term bullish momentum remains, though it faces noticeable resistance above; ETH’s short-term MA5 has crossed below MA10, signaling a short-term bearish bias; GT rebounded significantly after hitting a low around 15.15 following a prior decline. Additionally, tokens such as MLN (+59.7%), AUCTION (+42.63%), and TRU (+27.85%) saw strong rebounds, with capital rapidly flowing back into the DeFi sector, keeping market hotspots active. Gate Layer’s on-chain addresses surpassed 100 million; Solana’s TVL reached a three-year high of 59.28 million SOL; and Aave V4 will support a diversified range of collateral assets, further expanding the financing scope in DeFi.

On October 17, the crypto market came under pressure, with major assets broadly declining. BTC fell 1.87%, while ETH dropped 1.70%, both maintaining weak, range-bound structures. A few thematic tokens, however, bucked the trend — XPIN surged 133.33% driven by multi-chain collaboration and mainnet expectations; ZKC rose 56.23% on mainnet progress and real-time proof updates; and KGEN gained 43.22% following its token launch and ecosystem partnership news. Meanwhile, Ethereum remained the top ecosystem by developer count, Tokenized Gold hit a new market cap high, and Chainlink launched its real-time oracle integration, marking further innovation in DeFi infrastructure.

Gate Research Daily Report: On October 16, Bitcoin continued to weaken, falling 2.24% on increased volume over the past 24 hours. Ethereum is currently trading at $3,981, down 3.17% on higher trading activity in the same period. DEGO, which is incubating BOT3 AI, saw its price surge 18.9% in the past 24 hours. The globally renowned CEX announced it would officially list YGG on October 15, driving the token up 12.7%. Benefiting from ecosystem expansion and catalysts such as the CEX Alpha competition, BLESS soared 503% in a single day. Stablecoin inflows reached $74 billion, providing liquidity support amid market declines, while JustLend DAO’s TVL surpassed $7.82 billion.

Gate Research Daily Report: On October 15, Bitcoin (BTC) experienced a strong upward move after a period of high-level consolidation; Ethereum (ETH), after a sharp decline, found support at lower levels and saw a short-term rebound; GateToken (GT) briefly touched the $17.5 mark; and BAS surged approximately 132.85% within 24 hours. Meanwhile, Base’s native token is set to launch soon, aiming to build an interconnected ecosystem on Ethereum. K33 Research Director Vetle Lunde noted in a recent report that the recent leverage flush in the market represents a “healthy adjustment.”

Last week, SNX surged over 94.48%, standing out as the top-performing token; DASH and TAO also gained 48% and 22%, respectively, showing short-term counter-trend strength. Ethereum Layer2 saw accelerated capital inflows, with Arbitrum maintaining its leading position and recording $873 million in net inflows for the week. OP Mainnet, Unichain, and Polygon PoS also experienced steady fund inflows. Total DeFi TVL approached $160 billion, up 41% year-over-year, with robust institutional capital inflows, while retail activity slowed.

On October 13, BTC showed signs of a rebound after briefly dipping to around $102,000. ETH touched a low of $3,394 before quickly stabilizing and rebounding, showing strong short-term recovery momentum. GT found solid support near $14 after a sharp decline, then consolidated and began breaking out with rising volume. In addition, tokens such as SNX (+87.3%), DASH (+50%), and TAO (+40.1%) posted strong rebounds as capital rapidly flowed back into the Privacy and DeFi sectors, reigniting market momentum. The total global stablecoin supply surpassed $301.5 billion, reaching a new all-time high. Meanwhile, USST, a stablecoin launched by Tether co-founder Reeve Collins under the STBL project, has continued to depeg since its debut. Grayscale also filed a Form 10 with the SEC for its Bittensor Trust (TAO), marking a significant step toward full regulatory registration.

Gate Research Daily Report: On October 10, BTC briefly surged above $126,000 before quickly retreating and subsequently fell below $121,800, forming a clear downward structure. ETH, after declining from a high near $4,755, briefly broke short-term support and touched a low of $4,265, followed by an oversold rebound. GT, from its peak of $17.31, gradually declined to a low of $16.10 before showing signs of a temporary bottom.Meanwhile, RAIL (+75.7%), ZEC (+41%), and SNX (+21%) rose strongly against the trend, highlighting renewed capital inflows and hot sentiment in the privacy and DeFi narrative sectors.Q3 DeFi TVL reached a record high, but user activity significantly declined. Aave partnered with Blockdaemon to facilitate institutional access to DeFi services. Flying Tulip announced its first public fundraising partner, Impossible, with whitelist applications officially open.