Coinglass

2 hours agoNews Editor

Crypto liquidations hit $85.57 million over the past 24 hours

Coinglass data showed that total crypto liquidations across the market reached $85.5739 million in the past 24 hours. Long positions accounted for $52.8626 million of that total, while short positions made up $32.7113 million. Among major assets, Bitcoin saw $3.8713 million in long liquidations and $9.716 million in short liquidations. Ethereum recorded $5.1573 million in long liquidations and $7.1575 million in short liquidations. The figures provide a snapshot of derivatives market pressure over the latest 24-hour period, based on data cited by ChainCatcher from Coinglass.

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OpenAI

2 hours agoNews Editor

OpenAI said to seek a reset of Washington’s AI policy debate after the U.S. midterms

OpenAI is planning to reshape the AI policy debate in Washington after the U.S. midterm elections, according to Techub News, which cited Crypto Briefing. The report says the company aims to influence the direction of future legislation by adjusting AI policy framing and terminology. No further details were provided in the brief. The item focuses on OpenAI’s reported effort to affect how artificial intelligence policy is discussed in Washington and how that discussion could feed into the next stage of lawmaking.

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Policy Regulation

2 hours agoNews Editor

Crypto industry spends about $63 million to block Sherrod Brown’s return to Congress

The U.S. crypto industry is spending about $63 million in an effort to stop former Senator Sherrod Brown from returning to Congress in Ohio, according to CoinDesk. Of that total, crypto super PAC Fairshake has put in nearly $56 million, while a political action committee tied to the Winklevoss brothers has added about $7.2 million. Including spending from the 2024 election cycle, the industry’s political outlays aimed at Brown have now topped $100 million over the past two years. Recent polling shows Brown holding a slight lead over current Senator Jon Husted, though most surveys still place the race within the margin of error. Prediction market Kalshi gives Brown a 68% chance of winning and also puts the odds of Democrats retaking control of the Senate at 68%. Brown previously served as chair of the Senate Banking Committee and did not advance crypto legislation during that period. CoinDesk said a Democratic Senate majority could put Elizabeth Warren in line for the committee chair, while Brown could also secure an influential committee role that may affect the progress of crypto market structure bills including the CLARITY Act.

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Whale Movement

3 hours agoNews Editor

Whale Alert tracks 143.9 million USDT transfer from Bitfinex to Tether Treasury

ChainCatcher, citing Whale Alert, reported that 143,905,015 USDT was transferred from Bitfinex to Tether Treasury. The transaction was valued at about $144 million at the time of the report. The update identified the transfer route, token amount and approximate dollar value, but did not provide any additional details on the purpose of the movement. No further context was included in the source material beyond the monitoring attribution to Whale Alert and the brief transaction description published by ChainCatcher. As reported, the transfer involved USDT moving out of Bitfinex and into Tether Treasury, making it a notable large-scale stablecoin transaction in on-chain monitoring feeds.

70

OKX

2 hours agoNews Editor

Opposition to OKXICE tokenized stock issuance rises to 50 companies

Opposition to the OKXICE tokenized equities plan has expanded to 50 issuers, according to crypto journalist Eleanor Terrett. The project is a joint venture between OKX and Intercontinental Exchange, or ICE, and was set to issue tokenized shares of public companies on its TSV platform. The latest companies named as objecting to the plan are Nike, Costco, Micron, Reddit, and Nvidia. OKXICE had originally planned to tokenize shares of 62 listed companies. With 50 companies now opposing the issuance, the number of objectors accounts for about 80.6% of the firms included in the original tokenization plan. The report did not provide additional details on the companies’ objections beyond stating that they opposed the issuance of tokenized versions of their stock on the platform.

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OKX

3 hours agoNews Editor

ICE tokenized stock plan faces objections from 50 issuers, with Nike and Nvidia added

A tokenized equities project involving OKX and Intercontinental Exchange (ICE) is facing broader pushback from listed companies. Crypto reporter Eleanor Terrett said the number of issuers objecting to the plan has risen to 50. Newly added names include Nike, Costco, Micron Technology, Reddit and Nvidia. The project was originally designed to tokenize shares of 62 companies through ICE’s TSV platform. With 50 issuers now on record as opposing the effort, the scope of resistance has become a central detail in the rollout of the initiative. The update focuses on the growing list of companies that do not support having their stocks included in the tokenization program.

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IOSG Ventures

5 hours agoNews Editor

IOSG says bear-market crypto investing is shifting from narratives to real revenue and infrastructure

IOSG Ventures used a keynote at Hong Kong Money Frontier 2026 to lay out how it is approaching the current crypto bear market, arguing that the center of gravity has moved away from pure narrative trades and toward businesses with verifiable revenue, cash flow and infrastructure value. The firm said it is still investing and has adjusted its portfolio mix by reducing primary-market exposure while increasing allocations to over-the-counter deals, liquid secondary markets and incubation. The presentation framed the market through three large lenses: Bitcoin, stablecoins and Ethereum. On Bitcoin, IOSG said the four-year cycle still explains more than macro narratives, pointing to a 2025 peak and outlining internal bottoming scenarios in the $45,000-$60,000 range by late October 2026 or $40,000-$55,000 in Q1-Q2 2027. On stablecoins, the firm described 2026 as a turning-point year and said the GENIUS Act turning into law allows banks to issue dollars on-chain legally. On Ethereum, IOSG listed strengths in settlement, DeFi security, rollup finality and developer infrastructure, while also highlighting fee leakage to Layer 2s, ETH/BTC underperformance and a broader leadership question. From there, IOSG highlighted four areas where it sees real businesses making money: stablecoins and payments, prediction markets, AI plus crypto, and on-chain trading and credit. Examples cited in the talk included Circle, fun.xyz, RedotPay, Polymarket, Kalshi, Grass, Hyperbolic, Nous Research, Collector Crypt and Hyperliquid.

00

Bitcoin

3 hours agoNews Editor

Bitcoin Faces Three November Tests as Midterms, Jobs Data and Tech Earnings Put $77,000 in Focus

Bitcoin is heading into the first week of November with three major catalysts lined up: the U.S. midterm elections on Nov. 3, the October nonfarm payrolls report on Nov. 6, and earnings from AI-linked tech companies including Palantir and AMD. According to Blockcast, traders are watching whether those events reshape expectations for the Federal Reserve’s December rate decision and trigger fresh volatility across risk assets. BTC has already slipped below $80,000. The report said the token was recently trading around $77,565, after falling about 8.7% over the past 30 days. A separate spot quote cited from Binance on Nov. 1 put Bitcoin at roughly $77,723, up 0.3% over 24 hours, with a market capitalization near $1.56 trillion and a decline of more than 10% over the last month. The article said the election could affect the outlook for crypto legislation and oversight, while the jobs report may alter rate-cut or rate-hike expectations through its impact on the dollar and Treasury yields. Tech earnings, especially from companies tied to AI spending, are also being watched for their effect on broader risk sentiment. Blockcast added that the $77,000 area is now a near-term level to watch, while Galaxy Research’s Alex Thorn has pointed to the 50-week moving average near $76,540 as a separate medium-term reference rather than a guaranteed floor.

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