The Daily Drip

Friday, October 31, 2025

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The Daily Drip — Friday, October 31, 2025

The Daily Drip

S&P Crypto Index: -4.71% (Day) / +4.78% (YTD) | Total Cap: $3.67T | BTC Dominance: 59.4%
Friday, October 31, 2025
🕷️ Halloween crash: ETF exodus, quantum threat, Layer-1 upgrades, and policy pivots shake the market

🌍 Macro Market Pulse

Crypto’s October closes with a fright: major ETF outflows ($669M), weak risk appetite, and options expiry intensified the “Halloween crash.” Despite positive rate cut headlines, macro jitters and policy uncertainty kept buyers sidelined. All eyes now turn to “Moonvember” and potential market reversals. 3 reasons for crypto dropETF outflows & macro daybook

Signal: Markets in “chop mode”—expect sharp sentiment swings until post-holiday clarity and real catalyst emerge.

📊 Sentiment Dashboard

Fear & Greed
31
Fear
Altcoin Index
30
Risk-Off
ETF Flows
-$669.4M
BTC -$488.4M / ETH -$181.1M
S&P Crypto Index
-4.71% (Day) / +4.78% (YTD)
Down
Sentiment: Deep fear—ETF pipes reverse, risk gets knocked, but core fundamentals find rare green in stablecoins and payment rails.

🔢 Market Performance

CoinNow24h %7d %YTD %Cap
BTC$109,281.971.68%-0.95%16.97%$2.18T
ETH$3,821.721.68%-1.89%14.68%$461.27B
XRP$2.502.44%0.73%20.34%$150.23B
USDT$1.00-0.06%-0.08%-0.05%$183.31B
BNB$1,077.610.49%-2.42%53.73%$148.43B
SOL$185.151.23%-3.17%-2.17%$101.80B
DOGE$0.182.44%-5.71%-41.57%$27.96B
ADA$0.600.18%-7.21%-28.32%$21.59B
TRX$0.291.07%-3.07%17.67%$27.85B
HYPE$43.02-2.25%10.51%20.55%$14.49B
  • Short squeeze after options expiry—BTC, ETH, and alts see minor rebound but October closes red.
  • Stablecoins and select tokens remain steady; quantum-resistance and DeFi rails get October’s final bid.

💰 Funding & Institutional Moves

Novo Tellus and Grand Venture ink a transformative growth deal as Pantera Capital closes Fund V, targeting AI-crypto convergence and quantum-resistant projects. Blockchain IPOs and major M&A moves pick up as institutions seek liquidity.
Novo Tellus - Grand VenturePantera Fund V close

Signal: Funding rotates toward hybrid, liquid, and quantum-resilient strategies as markets reset.

🛠️ Tech, Protocol & Ecosystem

The Ethereum Fusaka upgrade is officially locked for Dec. 3; quantum-resistant proposals debut for Bitcoin; WhiteBIT Token and eCash outperform in today’s high-volatility shuffle. Fusaka dateQuantum threat and BIP proposal

Builder focus: Real quantum prepping, Layer-1 scaling, and cross-protocol pivots as trading ranges anchor price.

⚖️ Regulation & Policy Watch

Basel, US, and global regulators accelerate new frameworks for bank crypto holdings and digital asset risk, with stablecoins and payment tokens getting new attention from policymakers.
Global bank crypto rulesUS banking regulation hearing

Signal: Bank capital rules, stablecoin policy, and data transparency set to shape Q4 risk and new product launches.

🎟️ Events, Community & Builders

  • AI16Z’s rebrand to ELIZAOS headlines token swaps, while European conference and dAppCon wrap up. Builder momentum stays hot for L2s and governance.Live crypto news
  • 500M+ active wallets milestone: global adoption is the long-term signal.500M wallet milestone
  • Builder tip: Watch quantum and Layer-1 proposals as the next alpha source amid the chop.

Builder focus: The end of “Uptober” pivots to serious execution for Q4—builders plan for on-chain winter and quantum resilience.

⚡ Risk & Tactical Lens

Bearish momentum: play ranges, only scale into strength. Monitor quantum protocol debates for black swan risk and prep stablecoin coverage at every size.

Pro tip: Uptober is over—Moonvember means trade news and proposals, not just price.

DISCLAIMER

This newsletter is for informational purposes only and is not investment advice, solicitation, or endorsement. H2cryptO does not warrant data accuracy or completeness. Crypto assets are highly volatile; always consult professional advisors, use caution, and comply with local laws before strategic, financial, or investment decisions.