Core Insights - SUI, the native token of the Sui network, experienced a 9% decline to $2.10, underperforming the broader crypto market during a sector-wide selloff [1] - The token's 4.89% lag behind the crypto market indicates that the decline was specific to SUI rather than a general market weakness [1] Market Activity - The selloff exhibited characteristics of institutional liquidation, with prices dropping from $2.32 and trading volume increasing by 53% above the 7-day average [2] - The surge in trading activity suggests large-block repositioning rather than a retail-driven panic [2] Price Movements - A significant breakdown occurred at the $2.16 level, with SUI dropping through this point on a volume of 99.13 million tokens, which is 628% above its 24-hour average, indicating strong bearish pressure [3] - Following this breakdown, SUI experienced a V-shaped bounce from $2.04 as institutions appeared to buy the token at lower levels [3] Resistance and Recovery - The recovery lost momentum near the psychological resistance zone of $2.13, with declining volume suggesting that buyers lacked the conviction to push SUI higher in the short term [4] - The CoinDesk 5 Index (CD5) also saw a 3.35% drop to $1,860.70, including a flash crash to $1,826.66 before rebounding, indicating signs of institutional selling [4]

Core Viewpoint - Animoca Brands plans to go public on the Nasdaq through a reverse merger with fintech Currenc Group, aiming to create the world's first publicly-listed, diversified digital assets conglomerate [1][2]. Group 1: Merger Details - The merger is expected to close in 2026, with Animoca's co-founder stating that the company has investments across decentralized finance and NFTs [2]. - Under the merger arrangement, Currenc will acquire 100% of Animoca's shares, resulting in Animoca owning 95% of the new entity, while Currenc shareholders will hold a 5% stake [5]. Group 2: Company Background - Animoca Brands, established in 2014, has invested in notable projects such as The Open Network, Immutable, OpenSea, The Sandbox, and Decentraland [3]. - As of September 30, Animoca's portfolio includes 628 investments primarily focused on gaming and infrastructure, with additional interests in sports, art, fashion, and the metaverse [4]. Group 3: Financial Position - Animoca's digital asset treasury includes Bitcoin, Ethereum, Solana, and MOCA, which recently had a market capitalization of $208 million [5]. - The company's shares dropped 19% to $3.05 on the announcement day but had increased by 61% over the previous five trading days [1]. Group 4: Regulatory Considerations - The merger is subject to approval from Australian regulators, and Animoca was previously delisted from the Australian Securities Exchange in 2020 due to compliance issues [6].

Core Insights - AMINA Bank's Austrian subsidiary has received a Crypto-Asset Service Provider license under the Markets in Crypto-Assets framework, allowing it to offer crypto services to professional investors across the EU and EEA [1][2] - The license enables AMINA to provide services in up to 30 markets without needing separate authorizations in each jurisdiction [1][8] Company Overview - AMINA Bank operates as a Swiss-regulated financial institution under the Swiss Financial Market Supervisory Authority and holds additional licenses in Hong Kong and Abu Dhabi [4] - The Austrian subsidiary is a wholly-owned entity of the Swiss parent company [4] Services Offered - The FMA authorization includes custody services, crypto-for-fiat and crypto-for-crypto exchanges, portfolio management, and transfer services for crypto assets [3] - AMINA plans to introduce crypto staking at launch, although this service is not included in the official FMA authorization list [3] Market Context - The competition in the European institutional market is intensifying, with firms like Sygnum and traditional financial institutions such as Societe Generale and Bitpanda launching regulated crypto services [6] - Multiple firms have secured MiCA licenses in various EU member states, indicating a growing trend in the regulatory landscape [5] Regulatory Environment - The MiCA framework is under scrutiny for its regulatory complexity, with potential conflicts highlighted by Circle regarding dual-licensing requirements for stablecoins [7] - The passporting mechanism under MiCA allows firms authorized in one EU member state to operate throughout the bloc without needing separate licenses [8]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

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Group 1: Market Overview - The recent Fed rate cut in October and new trade deals between the US and China have created bullish signals for three Made in USA coins, despite the broader market being down nearly 7% week-on-week [1] - These three tokens are showing strong technical setups, with some indicating early breakout signs and others gaining momentum for potential upside in November 2025 [1] Group 2: DigiByte (DGB) Analysis - DigiByte, launched in 2014, has seen a 36.8% increase in the past 24 hours, indicating renewed momentum after a period of sideways movement with three-month gains of approximately +2.3% [2] - A "golden crossover" is anticipated on the 12-hour chart, where the 20-period Exponential Moving Average (EMA) approaches crossing above the 50-period EMA, suggesting potential sustained upward movement [3] - If the crossover occurs, DigiByte could target resistance levels between $0.0093 and $0.0097, representing an increase of roughly 11-15% from current levels, with a further target at $0.01054, a peak from July [4] Group 3: Support and Risk Levels for DigiByte - The first key support level for DigiByte is at $0.00733, with a further critical level at $0.00574, which could invalidate the bullish setup if breached [5] Group 4: Basic Attention Token (BAT) Analysis - Basic Attention Token (BAT), developed by Brendan Eich, is showing strong chart structures, with a 7% gain over the past week and a 22.6% increase over the last month, indicating a gradual recovery [7][8] - BAT is currently trading within a descending channel, a pattern that may reverse if the price breaks above its upper trendline [8]

In a 60 Minutes interview, Donald Trump responded to questions about his pardon of Changpeng Zhao (CZ), founder of Binance, saying, “I don’t know who he is,” despite granting the clemency. Trump attributed the pardon to a “witch‑hunt” by the prior administration and emphasized that his sons are in the crypto industry but “they’re not government officials.” https://t.co/ueLlFmmcX5 ...

In a 60 Minutes interview, Donald Trump responded to questions about his pardon of Changpeng Zhao (CZ), founder of Binance, saying, “I don’t know who he is,” despite granting the clemency. Trump attributed the pardon to a “witch‑hunt” by the prior administration and emphasized that his sons are in the crypto industry but “they’re not government officials.” https://t.co/ueLlFmlF7x ...

Industry Problem - "Sunk-cost-maxxing" is hindering long-term development in the crypto industry [1] - Constant pivoting prevents the building of lasting projects [1] Opinion - Ten Protocol's Rosie Sargsian identifies this as a major issue for crypto [1]

ETF Product - REX IncomeMax ETF 利用加密货币公司波动性，将价格波动转化为每周收入 [1] Investment Strategy - 该ETF投资于波动性大的加密货币公司 [1]