After a brief surge of over 30%, FLM retraced, with a market cap currently standing at $11 million.

On October 29th, as per the monitoring of OnchainLens, a newly established wallet utilized 3.2 million USDT to acquire 2.94 million ASTER at a price of 1.09 USDT per ASTER. The wallet still retains 2 million USDT and is likely to continue to accumulate.

October 29: The main opposition party in Germany, the Alternative for Germany (AfD), has officially presented a motion to the federal parliament, expressing opposition to excessive regulation of Bitcoin. The motion was submitted on October 23 and argued that Bitcoin is fundamentally distinct from other cryptocurrencies and should not be encompassed within the European Union's unified cryptocurrency market regulation framework (MiCA). In the motion, the Alternative for Germany party noted that the current tax treatment of Bitcoin is "generally positive," yet there remains legal ambiguity that impedes long-term private investment. The party also called on German lawmakers to regard Bitcoin as a strategic asset for national reserves, advocate for maintaining the existing tax exemption for 12-month holding periods, keep Bitcoin exempt from value-added tax, and ensure individuals' rights to self-custody.

On October 29th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale that received 1 million ETH during an ICO was not concerned about price fluctuations because of its "low enough cost." It has been selling since the beginning of the year, and its cost per ETH is as low as $0.31. Since 2025, this whale has sold a total of 30,300 ETH, with a total value of $99.36 million, at an average selling price of $3,279. It still holds 97,750 ETH on-chain, which is worth $391 million.

October 29th. According to Politico, the U.S. government shutdown has been ongoing for nearly a month, and the situation is finally showing signs of changing. The impending key deadline, along with external pressure, is injecting new urgency into the weeks-long stalled bipartisan negotiations. Senate Majority Leader John Thune and his Senate allies, House Speaker Mike Johnson, and other House Republican leaders seem to be increasingly convinced that more moderate Democrats are willing to make compromises on a stopgap funding bill to reduce the impact of the shutdown, perhaps as early as next week. Republican leaders are deliberating on a new stopgap funding bill, with dozens of options currently under consideration, including providing temporary funding for the government until around January 21st or even extending it into March.

On October 29th, the Bank of Canada reduced its benchmark interest rate by 25 basis points to 2.25%, which was in line with market expectations and marked the second consecutive rate cut. (FXStreet)

On October 29th, based on market data, the Dow Jones Index soared to 48,000 points and reached a brand-new all-time high.