Latin American crypto exchange Ripio, with over 25 million users, has launched wARS, a stablecoin pegged to the Argentine peso, now available on Ethereum, Coinbase's Base, and World Chain. The token enables global, 24/7 fund transfers without banks or USD conversion, amid Argentina's inflation drop from 292% in April last year to 31.8%. Ripio plans similar stablecoins for other regional currencies to facilitate cross-border payments, expanding its real-world asset offerings.

In a recent Ripple On-Chain Economy episode, former central banker Marius Jurgilas, CEO of Axiology, highlighted how regulated blockchain infrastructure on XRP Ledger (XRPL) is transforming capital markets by compressing complex intermediaries into a single compliant layer. Axiology's institutional-grade platform enables tokenized bond issuance and settlement under EU DLT licensing, aiming to streamline processes like direct government bond purchases. Separately, Bitwise and VanEck updated S-1 filings for XRP spot ETFs, with analysts suggesting potential launches this month, including Canary's Nov. 13 target pending approval.

The Bitcoin white paper celebrated its 17th anniversary on October 31, with U.S. Treasury Secretary Scott Bessent tweeting praise for the network's resilience, calling it "more resilient than ever." Cardano founder Charles Hoskinson described the tweet as "profoundly magical." Separately, Cardano's cbADA borrow markets launched on Base, and Input Output unveiled the Ouroboros Phalanx upgrade, which aims to enhance security against attacks and boost transaction speeds by up to 30%. ADA traded at $0.61, ending October down 24.55%.

A new survey shows consumers are increasingly concerned that the AI-driven data center boom will drive up electricity prices, with 80% worried about impacts on utility bills. U.S. electricity demand grew 2.6% annually for commercial users like data centers over five years, while residential use rose only 0.7%. Data centers now consume 4% of U.S. electricity, projected to reach 6.7%-12% by 2028. Renewable energy expansion faces potential slowdowns due to regulatory changes, while natural gas infrastructure delays compound supply challenges.

According to Bijie.com, the US M2 money supply has jumped to a record high of $22.212 trillion.

October witnessed a significant rise in gold prices, while the Nasdaq index also saw an increase, highlighting a rotation among assets. Bitcoin, however, experienced a nearly 5% decline in October, breaking its streak of consecutive monthly gains. After reaching an all-time high of over $126,000 on October 6, Bitcoin's value plummeted, dropping to around $104,000 between October 10 and 11. This marks the first time in six years that Bitcoin has ended October with a loss. Despite the monthly decline, Bitcoin has still risen over 16% year-to-date.

Cardano founder Charles Hoskinson responded to criticism about the network's low DeFi TVL, acknowledging its gap with leaders like Ethereum but emphasizing broader governance strength with 1.3 million users holding over $15 billion in ADA. He dismissed the idea that major stablecoins like USDT would solve structural issues, noting native options like USDA exist, and attributed low TVL to passive user behavior. Hoskinson outlined a multi-year plan focusing on Bitcoin interoperability through initiatives like Midnight and RealFi to unlock billions in liquidity, while stressing that coordination, not technology, is the core challenge for 2026.

On Nov 01, 2025, 16:07 PM(UTC). Ethereum has crossed the 3,900 USDT benchmark and is now trading at 3,900.909912 USDT, with a narrowed 0.90% increase in 24 hours.

The ongoing U.S. government shutdown, now the second-longest in history, is stalling crypto legislation progress, with key deadlines like the Oct. 20 market structure markup missed. Experts note that as the shutdown persists, Congress's focus may shift to priorities like the National Defense Authorization Act, dimming prospects for crypto bills. However, optimism remains for movement on stalled legislation, with the Senate Agriculture Committee's draft bill potentially leading to a markup by Thanksgiving if feedback is positive.

According to The Information, Kraken is raising funds at a valuation of $20 billion, up from $15 billion in August, and is expected to IPO next year. This valuation would put its price-to-earnings ratio on par with its larger listed competitor, Coinbase.