A market that rewards builders over barkers—ship, verify, repeat.

Prices (USD, inline):
BTC $113,834.00 🔴↓ | ETH $4,408.85 🟢↑ | SOL $224.51 🟢↑ | BNB $898.32 🟢↑ | XRP $3.02 🟢↑ | ADA $0.8847🔴↓ | AVAX $29.00 🔴↓ | DOGE $0.2494 🟢↑ | DOT $4.19 🔴↓

Quick Index ⚡️

🟣 Figure’s $787.5M IPO puts a blockchain lender on Nasdaq under FIGR.
🧊 Avalanche Foundation lines up ~$1B to seed AVAX-focused treasury vehicles.
📈 BTC & ETH ETFs log strongest net inflows since July as risk appetite returns.
🇻🇳 Vietnam greenlights a five-year pilot for local crypto exchanges with heavy guardrails.
🧰 Polygon executes PoS hard fork to fix finality delays seen this week.
⚠️ XRPL validators told to roll back from rippled v2.6.0 due to stability issues.

Markets

Bitcoin and ether ETFs snapped back with the biggest net inflows since July—about $757M for BTC funds yesterday—led by Fidelity and BlackRock products, while ETH products swung to $171M in net buys. Traders framed it as a pre-FOMC positioning shift that could extend if macro data cools further. For price context, BTC has been grinding around the $114K handle with an “inverse head-and-shoulders” still in play on many desks. (According to CoinDesk.)

Figure Technology—part blockchain lender, part stablecoin issuer—priced 31.5M shares at $25 for a $5.3B valuation and begins trading on Nasdaq as FIGR. The hefty raise (above the range) signals that equity markets will finance crypto-native balance sheets again, and it gives public-market investors a fresh proxy on consumer credit tokenization. (As outlined by Reuters.)

Regulation

Vietnam approved a five-year pilot allowing licensed, VND-only crypto exchanges under strict capitalization and ownership limits. It’s cautious liberalization: domestic rails with heavy supervision. If the model works, Southeast Asia could get a new regulated liquidity hub without ceding control to offshore venues. (Finance Magnates reporting.)

In the UK, the FCA’s enforcement chief used a London stage to bang the drum on financial-crime enforcement—timely for crypto firms navigating promotions, KYC/AML and MiCA-style harmonization across Europe. Expect continued scrutiny of marketing, influencer activity and cross-border onboarding flows. (Speech published by the FCA.)

Adoption

The Avalanche Foundation is in advanced talks to raise roughly $1B via two “crypto-treasury” vehicles that would purchase AVAX, mirroring the corporate-BTC-treasury playbook. If consummated, it could deepen liquidity around AVAX and bolster Avalanche’s pitch as infrastructure for capital-markets tokenization trials. (Financial Times.)

Meanwhile, memecoin finance inches further into mainstream wrappers: the REX-Osprey DOJE fund is slated to debut in U.S. markets today under the ’40 Act, broadening broker access to DOGE exposure—even if the structure differs from ’33 Act spot funds. Volatility around launch windows is common; traders should expect wider spreads and headline-driven flows. (According to CoinDesk and Yahoo Finance coverage.)

Tech & Innovation

Polygon executed a PoS hard fork to remediate a node bug that caused 10–15 minute finality delays earlier this week. Block production continued through the hiccup, but the fix restores validator synchronization and checkpointing. For builders and integrators, today’s patch should normalize settlement assurances and reduce support-ticket noise. (Crypto.news update.)

On XRP Ledger, infrastructure providers and core notes urged validators to downgrade from rippled v2.6.0 to v2.5.1 after reports of memory usage issues and Boost-library conflicts. Ripple’s own blog previously flagged v2.6.0 caveats; the rollback keeps the consensus fix from 2.5.1 while the team prepares a patched release. Operators should review monitoring and auto-update policies to avoid correlated faults. (CoinCentral and XRPL blog.)

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One crisp read a day keeps the FUD away. Stay tuned to The Blockchain In Daily for real-time moves across markets, policy, adoption and tech—because in crypto, a lot can change between breakfast and lunch.