Cryptocurrency Price Movement: SOPH Surges Over 27% in 24 Hours

[Key Takeaway: Artistic order book appears on Binance BTC, totaling $18.18 million.] Repeated moves in key ranges expose real market depth pressure from major players...

On October 31st, Circle released a developer guide explaining how token issuers can use CCTP to enable cross-chain functionality for ERC-20 tokens other than USDC. Issuers can deploy native cross-chain tokens or configure custom connections via CCTP, employing a burn-mint model and setting their own permissions and limits; Circle cannot take over control. CCTP for non-USDC launched in September 2026, supporting EVM chains such as Ethereum, Avalanche, OP Mainnet, Arbitrum, Base, Polygon PoS, and Arc, but not non-EVM chains like Solana.

According to CME's "FedWatch" data, the probability of the Federal Reserve keeping interest rates unchanged in December is 28%, and the probability of raising rates by 25 basis points is 72%. The probability of the Federal Reserve keeping interest rates unchanged by January next year is 19.3%, the probability of raising rates by a cumulative 25 basis points is 58.4%, and the probability of raising rates by a cumulative 50 basis points is 22.3%.

On October 31, DRW founder Don Wilson published an article questioning the plans of Intercontinental Exchange (ICE) and trade[XYZ] to bring Hyperliquid to the US market. Wilson thanked Commodity Futures Trading Commission Chairman Selig and the Trump administration, and raised six key questions regarding on-chain trading advantages, position transparency, priority fee mechanisms, order book consolidation, and regulatory compliance. He inquired whether Stan Druckenmiller considered Hyperliquid's position traceability an advantage and questioned the efficiency of on-chain matching.

Binance's NEAR/USDT perpetual futures saw a 7-fold increase in trading volume within 10 minutes, reaching $710 million in the past 24 hours, a 5.99% increase. A surge in trading volume generally indicates increased market activity or large-scale buying and selling operations, which may be caused by some important market changes or news announcements. According to AiCoin data, Binance Futures ranks No. 1 globally.