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Wyoming launches America's first state-issued stablecoin, FRNT, backed by fiat and supported across seven blockchains, aiming to reduce fees and boost digital transactions while funding education.
Dogecoin price dropped 2% this week and risks a deeper correction. On-chain signals show key holder cohorts exiting and bears regaining control.
Share link:In this post: Texas attorney-general Ken Paxton is investigating Meta and Character.ai for allegedly marketing chatbots as therapists without medical credentials. The probe follows a Senate inquiry into Meta after leaked documents suggested its AI could engage in romantic chats with minors. Both companies deny wrongdoing, saying their chatbots carry disclaimers that they are not licensed professionals and are intended for entertainment.
Share link:In this post: Starlink went down Monday, marking its second outage in two weeks. Thousands of users reported the issue on Downdetector, but SpaceX gave no statement. SpaceX launched more satellites that same day from Vandenberg despite the outage.
Share link:In this post: Sam Altman warned that Trump’s chip bans won’t stop China’s AI progress. He said China is advancing across multiple layers, not just hardware. OpenAI released two open-weight models to counter China’s open-source tools.
- 21:43California regulators impose a $675,000 fine on a certain exchangeJinse Finance reported that the California Department of Financial Protection and Innovation (DFPI) has imposed a $675,000 fine on bitcoin ATM operator Coinhub for violating digital asset laws. The fine includes $105,000 in compensation to California consumers who were charged fees and commissions exceeding the permitted maximum when using cryptocurrency ATMs.
- 21:29Mara Holdings sues Hood County officials for attempting to block noise control voteJinse Finance reported, citing Bitcoin News, that bitcoin mining farm Mara Holdings has sued Hood County officials in an attempt to block a vote that would allow noise control measures to be implemented near its facility. The facility operates more than 60,000 ASIC miners around the clock.
- 20:15Analyst: Bitcoin Enters Institutionally Dominated Era as Retail Trading Share PlummetsBlockBeats News, November 1, CryptoQuant analyst Axel Adler Jr published an article stating that the share of retail bitcoin transactions (in the $0–1000 range) has dropped from 1.8% in 2021 to the current 0.48%, indicating that large participants are increasingly dominating overall trading volume. As of October 2025, the daily average activity of retail transactions remains stable at $108 million, but this is significantly lower than the historical peak of $132 million to $150 million. This may suggest a change in market structure and a decline in speculative activity among smaller participants. The number of daily transactions in the $0–1000 range is about 700,000, close to the historical average, but the average transaction size has decreased compared to previous cycles, further confirming the more conservative behavior of retail participants. The bitcoin market is showing clear signs of institutionalization: over the past four years, the proportion of retail transactions has dropped sharply, indicating that market control is shifting to large institutions and the influence of small speculators on overall trends is weakening. The current retail activity remains stable at a daily level of $108 million, representing a new benchmark in a mature, institutionalized market—where the speculative frenzy of small retail investors is giving way to more robust accumulation strategies.