Updated: October 29, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Fed holds rates steady as two officials call for a rate hike Circle proposes treating compliant payment stablecoins as cash CFTCUpdated: October 29, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Fed holds rates steady as two officials call for a rate hike Circle proposes treating compliant payment stablecoins as cash CFTC
Learn/Daily & Weekly Reports/On-Chain Daily/MEXC On-Chain Daily Report: Fed Holds Rates Steady as Two Officials Call for a Rate Hike
MEXC On-Chain Daily Report: Fed Holds Rates Steady as Two Officials Call for a Rate Hike
Updated: October 29, 2026, 09:30 (UTC+8) | Author: MEXC
Headlines
- Fed holds rates steady as two officials call for a rate hike
- Circle proposes treating compliant payment stablecoins as cash
- CFTC plans discussion on 24/7 derivatives market trading
- Robinhood stock tokens go live on Uniswap
- Ripple expects annualized product revenue to reach $900 million
Industry Updates
Ibis Completes Pre-Seed Funding Round Led by FalconX
According to Odaily, on-chain credit platform Ibis has emerged from stealth and secured a $250 million credit facility from FalconX while also completing a pre-seed funding round led by FalconX, with the funding amount undisclosed. Anchorage Digital Bank will serve as its custody, banking, and design partner, with collateral held within its regulated custody framework. Ibis focuses on originating, tokenizing, managing risk, and servicing structured credit, initially targeting crypto assets and prediction markets before expanding into GPUs, robotics, and venture capital.
IREN Completes $363 Million AI Equipment Refinancing to Free Up Capital for Expansion
According to theenergymag, Bitcoin miner IREN has completed a $363 million AI equipment financing arranged by Wingspire Equipment Finance. The deal uses operational, revenue-generating AI computing equipment as collateral to refinance recently purchased GPU servers and networking equipment. Six lenders participated in the financing, with proceeds intended to support further expansion. IREN is transitioning from Bitcoin mining toward AI cloud services. For the fiscal year ended June 30, 2026, AI cloud revenue reached $128.8 million, up from $16.4 million in the prior fiscal year.
shturl.c App Launches Hyperliquid Perpetual Trading Across More Than 300 Markets
According to Odaily, the shturl.c app has launched Hyperliquid perpetual contract trading, allowing users to trade more than 300 crypto, stock, and commodity markets directly with their in-app USDC or SOL balances without completing additional cross-chain transfers. BTC supports leverage of up to 40x, ETH up to 25x, while selected equities and indices also support leveraged trading. Isolated margin and take-profit and stop-loss settings are supported. The app has also added Arbitrum support, enabling users to trade other tokens on the network using USDC balances.
Avail Launches ShieldTX Privacy Tool for Hyperliquid
According to The Block, Avail has launched ShieldTX, a privacy tool for Hyperliquid traders that creates a separate wallet for each perpetual position to make it more difficult for on-chain copy-trading bots to link transactions and replicate trading strategies. ShieldTX research analyzed 332,317 Hyperliquid trading wallets and estimated that traders being copied incurred a median additional execution cost of 63 basis points, or 0.63%, per trade. The research also found that approximately 29% of Hyperliquid's top 150 accounts use subaccounts, although related wallets may still be linked through on-chain data.
Thailand's Supreme Court Recognizes Bitcoin as Property Under the Law
According to Odaily, Thailand's Supreme Court recently ruled in Criminal Case No. 4929/2569 that Bitcoin has market value, can be held and traded, and can be converted into cash when a buyer exists, meaning it qualifies as property under the law. The case involved a victim converting $50,000 into Bitcoin before transferring it to a criminal group. The court determined that the Bitcoin involved was not merely intangible data without value and could therefore constitute the object of a property crime. The ruling recognizes Bitcoin as legally protected property but does not grant it the same legal-payment status as the Thai baht.
Tokenized Gold XAUa Launches on Sui
According to Odaily, Hong Kong-regulated tokenized gold XAUa has launched on Sui. The token is minted under Sui's Permissioned Assets Standard (PAS), issued by AlphaToken, and distributed to on-chain users by TBook. Each XAUa token is backed by physical gold stored in Hong Kong, while purchasing and holding the asset requires users to meet eligibility requirements. Under PAS rules, issuers can encode compliance requirements directly into on-chain policies, and transfers settle only after passing the required checks, providing compliant infrastructure for bringing gold and other real-world assets onto Sui.
Aave Adjusts Ethereum USDT Variable Borrow Rate Curve as Liquidity Tightens
According to Odaily, Aave has completed an adjustment to the USDT variable borrowing rate curve on its Ethereum market. Under the updated parameters, borrowing costs will begin rising earlier when pool liquidity tightens, helping regulate borrowing demand through higher funding costs while maintaining available liquidity. The adjustment does not alter interest already accrued on existing debt, and the new rate only affects the subsequent growth of outstanding balances. The change reflects Aave's ongoing adjustment of stablecoin borrowing risk parameters in response to liquidity conditions.
Tether and Multiple Institutions Establish FASE Foundation, Plan Stablecoin Humanitarian Aid Pilot
According to Odaily, Tether has announced the establishment of the Switzerland-based nonprofit Foundation for Financial Access and Systemic Empowerment (FASE). Founding members include Anchorage Digital, Bitfury, Bybit, Chainalysis, Kraken, and the Solana Foundation, while the United Nations Office on Drugs and Crime will serve as a strategic partner. The foundation will focus on financial security, financial inclusion, access to essential resources, and responsible AI and robotics, including efforts to combat online scams and explore the use of stablecoin infrastructure to expand financial access for underserved groups.
Analysis: Growing Zcash Development Fund Sparks Reform Debate as Four Proposals Target Block Reward Allocation
According to Odaily, the expanding size of the Zcash development fund is prompting debate within the community over its block reward allocation mechanism, with net available funds currently estimated at approximately $125 million. Zcash co-founder and current Tachyon head Sean Bowe has proposed ending the current 8% block reward allocation to ZCG in a future network upgrade. Four proposals are now under discussion, covering the termination of ZCG funding, removal of the broader development fund mechanism, or a gradual reduction of allocations to zero. Supporters cite accumulating funds and governance concerns, while opponents warn that reducing funding without an alternative could affect future protocol development and maintenance.
Birch Hill Raises $4 Million Seed Round to Bring U.S. Real Estate and Energy Loans On-Chain
According to Decrypt, New York startup Birch Hill has completed a $4 million seed round led by Multicoin Capital, with participation from ParaFi Capital, Castle Island Ventures, and Nascent, bringing total funding to $6.5 million. Birch Hill currently serves as a vault manager for the on-chain lending protocol Morpho, where it evaluates credit risk and sets related risk parameters. The company has also applied to FINRA for broker-dealer registration and plans to securitize U.S. multifamily housing, agricultural, and energy loans and bring them on-chain for eligible investors.
MEXC Market Heatmap
Data Note: Data is sourced from real-time MEXC market data before 09:30 (UTC+8) and may be updated subsequently as market conditions fluctuate.
New Listing Announcement: RSGP/USDT, Listing Time: 2026-10-29 23:00:00 (UTC+8)
On-Chain Calendar
High-Risk Token Unlocks
- B2 Buzz/USDT [10-29 04:44] Unlocks 1.37m USDT, accounting for 7.64% of circulating supply, short-term sell pressure: High
- Falcon Finance/USDT [10-29 19:54] Unlocks 7.29m USDT, accounting for 2.24% of circulating supply, short-term sell pressure: High
- Walrus Protocol/USDT [10-29 19:54] Unlocks 713,304 USDT, accounting for 0.8% of circulating supply, short-term sell pressure: Medium
- Layer3/USDT [10-30 03:06] Unlocks 110,764 USDT, accounting for 2.34% of circulating supply, short-term sell pressure: High
- Portal/USDT [10-30 08:01] Unlocks 645,176 USDT, accounting for 0.76% of circulating supply, short-term sell pressure: Medium
- Renzo/USDT [10-30 10:33] Unlocks 435,959 USDT, accounting for 0.9% of circulating supply, short-term sell pressure: Medium
Key Macro Events
- Oct 29, 02:00 — United States | Federal Reserve | Interest Rate Decision [The rate path could affect Treasury yields, the dollar, and risk-asset pricing]
- Oct 29, 02:30 — United States | Federal Reserve | Press Conference [Policy guidance could reshape rate-hike expectations and U.S. dollar flows]
- Oct 29, 08:30 — Australia | Import and Export Prices [Trade-price changes could influence inflation expectations and Australian dollar rate pricing]
- Oct 29, 20:30 — United States | Core PCE Price Index [Core inflation could reshape Fed rate expectations and the U.S. dollar outlook]
- Oct 29, 20:30 — United States | Initial Jobless Claims [Labor-market changes could affect the rate path and risk-asset allocation]
- Oct 29, 21:15 — European Union | European Central Bank | Interest Rate Decision [The rate decision could affect euro rate differentials and European capital flows]
- Oct 29, 21:45 — European Union | European Central Bank | Press Conference [Policy guidance could influence euro rate expectations and market liquidity]
Security Alert
Recently, users should remain alert to cross-border crypto scams disguised as NFT investments, digital-asset opportunities, or fake trading platforms. On October 27, the U.S. Department of Justice disclosed enforcement action by its Scam Center Strike Force targeting fraudulent NFT investment schemes linked to transnational criminal networks. Such schemes often approach victims through social media or online relationships before directing them to fake investment projects and trading interfaces designed to encourage repeated transfers. Users should independently verify project websites, operating entities, and the destination of funds, avoid connecting wallets or transferring assets through links provided by unfamiliar contacts, and never continue adding funds simply because a platform displays apparent profits. If withdrawals become unavailable or additional taxes, unlocking charges, or other fees are demanded, users should stop making payments immediately and preserve wallet addresses, transaction hashes, and communications.
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Risk Disclaimer: This article is for reference only and does not constitute investment advice. The cryptocurrency market is highly volatile. Please make decisions cautiously based on your individual circumstances.
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