Bitcoin Below $84,000, Ethereum ETF Outflows, and New Institutional Standards

On Monday, Bitcoin experienced a net outflow of 24,073 BTC from centralized exchanges (CEXs), marking the largest single-day outflow since March 1. This decrease in Bitcoin supply on CEXs to approximately 6.50% of the total supply is often interpreted as a bullish signal, as fewer coins are available for immediate selling.

Cardano has implemented CIP-0113 on its mainnet, establishing new standards for institutional tokenization. This standard allows issuers to embed compliance features such as identity verification and sanctions screening directly into token logic, enhancing its appeal for regulated financial institutions.

XRP has fallen to $1.47 following repeated rejections near the $1.52 to $1.55 resistance range. The token dropped to $1.45, a historical support level, whose failure could trigger further downside towards exponential moving averages.

The Solana-based tokenized silver project Dominion has announced its shutdown after a September security incident led to a liquidity collapse. Attackers compromised three of five multi-signature keys and dumped $238,000 worth of SILV tokens, highlighting risks in the DeFi space.

Securitize and LG CNS have announced a strategic partnership to develop tokenized funds, equities, and stablecoin infrastructure for South Korean financial institutions. This collaboration aims to build regulatory-compliant applications for tokenized securities and stablecoins.

Kalshi's 15-minute gold markets generated an estimated $5 million in fees in September, nearly double Ether's $2.6 million. This occurred just weeks after the gold markets launched in August, with 542 million gold contracts traded compared to 318 million Ether contracts.