Big Whales' Movements

Bitbase rolls out 2.0 plan with brand refresh first, product and user changes to follow

Bitbase announced Bitbase 2.0 on Nov. 2 and said the upgrade will begin with a brand refresh before moving on to product experience and user participation. The company said it chose to start with branding because brand positioning sets the standards for later product and operational decisions. With the message of "focusing on value through change," Bitbase said it wants future adjustments to follow one consistent framework rather than become a collection of disconnected features. On the same day, the platform introduced a new logo, a new visual identity system, and a brand IP called "BENIE," which it said will serve as a communication vehicle for explaining the changes in a lighter format. Bitbase added that the 2.0 concept will later be reflected in product interfaces and user flows, while details and timing will be announced through official notices. After the product phase, the company also plans to adjust how users interact with the platform. Chief Business Officer Nicholas Lo said the company wanted to set a unified standard first so that users would see a sequence of consistent changes.

Binance

1 days ago

Binance launches rewards campaign with fee rebate vouchers for KYC users

Binance has rolled out a new promotional campaign, according to an official announcement, offering rewards to eligible users without requiring registration. Users who meet the criteria can receive rewards automatically after completing trades during the event period, which runs from Nov. 2, 2026 at 19:30:00 to Nov. 22, 2026 at 07:59:59, UTC+8. The campaign includes fee rebate vouchers for KYC-verified users and a 20,000,000 USDC prize pool tied to trading allocation. Binance also said eligible users who subscribe to flexible Simple Earn products for USDT and USDC, as well as RWUSD and BFUSD, can receive yields of up to 10% APY. The exchange noted that reward rules and tier structures are calculated separately for different products. The announcement states that qualified users do not need to sign up in advance, with rewards distributed automatically once trading requirements are met.

220

Norway

1 days ago

Norway minority government faces calls to halt data center construction

Norway’s minority government is facing pressure from both parliamentary allies and opposition parties to freeze data center construction in the country, according to a Bloomberg report cited by Techub News. The push is tied to warnings about potential power supply shortages. The brief did not specify how long any freeze might last, which parties were involved, or whether the government plans to act on the demand. The report points only to rising political pressure around data center expansion and electricity availability. No additional policy details were disclosed in the source summary.

160

Donald Trump

1 days ago

Trump says oil rose less than expected during Iran war

U.S. President Donald Trump said oil prices increased less than he had expected during the Iran war, according to a newsflash published by Odaily and attributed to Sina Finance. Asked whether the United States could see gasoline at $2 again, Trump said prices could go even lower. The remarks focused on fuel costs and came in response to a question about whether cheaper gasoline could return in the U.S. market. No additional pricing data or timeline beyond the quoted comments was provided in the source item.

Nvidia

1 days ago

Melius Research Cuts Price Targets for Nvidia and Marvell

Melius Research has lowered its price targets for two chipmakers, according to a newsflash carried by Odaily and citing Sina Finance. The firm cut Nvidia’s target price to $315 from $420. It also reduced Marvell Technology’s target to $300 from $445. The update was published under Odaily’s technology category and did not include further details on the reasons behind the revisions. The report identified the companies by their tickers, NVDA.O for Nvidia and MRVL.O for Marvell Technology. No additional commentary, timeline, or supporting rationale was provided in the source item beyond the target changes themselves.

200

Bitcoin

1 days ago

21Shares says Bitcoin rose 42.7% in Q3 as U.S. spot ETFs became the main source of demand

Bitcoin gained 42.7% in the third quarter of 2026, according to a market report released by 21Shares, with U.S. spot Bitcoin exchange-traded funds emerging as the dominant source of demand during the period. The report said those ETFs posted net additions of 79,800 BTC, worth about $6.2 billion, nearly double the 41,300 BTC in newly mined supply over the same stretch. 21Shares said that shift pushed Bitcoin treasury companies out of the lead demand position. Purchases by treasury firms fell sharply, dropping from $7.1 billion in the second quarter to about $1 billion in the third quarter. At the same time, long-term holders reduced their positions by 248,000 BTC, valued at roughly $17.4 billion, close to three times the amount accumulated by ETFs in the quarter. On the mining side, the report said miner revenue in September 2026 exceeded estimated total mining costs by 6%, ending a run of 10 straight months below break-even. It also noted that BTC transaction fees covered only 0.67% of the Bitcoin network’s $2.96 billion security cost in the third quarter. Based on September 2026 price levels and network hashrate, block reward revenue after the 2028 halving is projected to cover only 80% of miners’ electricity costs.

100

Strategy

1 days ago

Mizuho keeps $165 target on Strategy, implying nearly 27% upside from $130

Mizuho maintained its Outperform rating and $165 price target on Strategy after the company’s fiscal 2026 third-quarter earnings call. Based on the current share price of $130, that target implies nearly 27% upside. Analyst Dan Dolev said Strategy holds 848,500 BTC, while its net leverage ratio has fallen from 8.4% to 2.4%. He also said the company’s $5.1 billion cash position is enough to cover 3.4 years of dividend and interest payments. Separately, Dolev noted that Strategy’s bitcoin holdings per share have declined 3.7% so far this year. The note kept focus on the company’s balance-sheet profile and bitcoin exposure following the earnings call, without changing Mizuho’s rating or target price.

U.S. midterms

1 days ago

CNN says Senate control remains unsettled on eve of U.S. midterm elections

CNN reported on the eve of the U.S. midterm elections that Democrats were nearing a path to reclaiming the Senate majority, though several key races remained tight and even deeply Republican states were still seen as potentially competitive for either party. The network expanded its list of the "most likely to flip" Senate seats to 11, adding South Carolina, while states such as Texas and Kansas moved higher in the battleground ranking after drawing little attention earlier in the year. According to the report, Democrats would need to flip four Republican-held seats and defend all of their own seats to secure a Senate majority. CNN’s polling compilation put Donald Trump’s approval at about 34%, and the report said issues including the economy, a possible war with Iran, and corruption were helping drive Democratic turnout. In the final month, Republicans spent about $560 million on advertising across the 11 races, compared with roughly $521 million for Democrats, with the Republican edge widening if Georgia and North Carolina were excluded.