Bitget Daily Digest(October 24)|Ethereum achieves real-time L1 block proof; Solmate surges 40% after $300M financing; Stable’s $825M pre-deposit raises insider concerns
Today's Preview
- Ten wallets linked to the actual controller of Stable Vault deposited 500 million USDT ahead of the official announcement.
- The Humanity (H) token will unlock approx. 62.5 million tokens (about 3.01% of current circulating supply, valued at $7.3 million) at 08:00 on October 25, 2025.
- The Aspecta (ASP) token will unlock 1.54 million tokens (worth about $1.54 million, accounting for 9.13% of its market cap) at 20:00 on October 24, 2025.
Macro & Hot Topics
- Ethereum co-founder Vitalik Buterin announced at the ETHShanghai 2025 Summit that Ethereum has achieved real-time L1 block proofs, and will focus on significant privacy and scalability improvements.
- Solana ecosystem company Solmate Infrastructure (SLMT) unveiled a bare-metal node and data center initiative, receiving $300 million PIPE funding and $50 million in discounted SOL support. The stock surged 40%.
- The U.S. Senate held a closed-door meeting with crypto executives to discuss legislation on decentralized finance (DeFi) regulation.
- At the 223rd Ethereum ACDE meeting: Glamsterdam proposal deadline set for October 30th; Fusaka mainnet confirmed for launch on December 3rd.
Market Updates
1.BTC rebounded above $110,000 in the past 4 hours; ETH fluctuated above $3,800. Around $13.26 million in liquidations occurred in the last 4 hours, primarily short positions.
2.All three major U.S. stock indices closed higher: Dow up 0.31%, Nasdaq up 0.89%, S&P 500 up 0.58%.

3.Bitget BTC/USDT Liquidation Heatmap: Current price at $110,490 with concentrated long/short liquidations, but short pressure is easing. A breakout could trigger major short stop-losses and potentially a short-term rally. Caution advised due to volatility.

4.In the past 24 hours, BTC spot inflow was $190 million, outflow was $169 million, net inflow: $21 million.

5.Over the past 24 hours, contract trading in BTC, ETH, USDT, BNB, XRP showed net outflows, indicating potential trading opportunities.

News Updates
- Blockchain.com obtained a MiCA license, enabling crypto services across all 30 European Economic Area countries.
- Proof company established a strategic partnership with Visa to introduce digital identity verification and crypto compliance tools.
- Russia's Ministry of Finance and Central Bank agreed to legalize cryptocurrency for international trade payments.
- Singapore launched the "BLOOM" initiative to develop AI + crypto-based Web3 financial infrastructure, promoting compliance and institutional adoption.
Project Developments
- Liechtenstein launched its sovereign blockchain: Liechtenstein Trust Integrity Network (LTIN).
- Kinetiq Foundation announced the launch of its governance token KNTQ, with TVL exceeding $1.6 billion.
- Clanker has joined the Farcaster ecosystem and initiated $CLANKER buyback and deflationary measures.
- Bitget CandyBomb launches a new project, CGN, with a 1 million CGN prize pool.
- An early UNI investor transferred another 2.5 million UNI to Wintermute, possibly indicating further token sell-offs.
- Cathie Wood disclosed an investment in Japanese Ethereum treasury company Quantum Solutions.
- Fireblocks completed the acquisition of Web3 ID solution company Dynamic, expanding on-chain developer tools.
- Tether made a strategic investment in African fintech platform Kotani Pay to support Web3 payments and cross-border expansion.
- The first phase of Stable’s advance deposit campaign quickly hit the $825 million cap, sparking community allegations of insider activity ("front-running").
Disclaimer: This report is AI-generated, with information verified by humans. This does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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