Today's Highlights
1. Jinko Holdings to Announce Q3 Financial Results on October 30
2. Vangrid to Reveal Identity Protocol on October 30 via OpenSea
3. Sandbox VR Expands to Miami with New Location
4. Key Panel on Self-Custody at @labitconf 2026
5. Bitwise Updates Long-Term Bitcoin Price Forecast
Macro News
Bitcoin Falls Below $80,000 Amid Fed Rate Hike Concerns
Bitcoin dropped below $80,000 and Ethereum fell under $2,350 as market pressure increased following the Fed's decision. The possibility of another rate hike is weighing on sentiment.
Kevin Warsh's Speech Could Influence Bitcoin's Short-Term Movement
The market is closely watching Kevin Warsh's remarks. A dovish tone could boost Bitcoin, while hints of another rate hike may trigger sharp declines.
Sovereign Wealth Funds Invest in Spot Bitcoin ETFs
Sovereign wealth funds are buying spot Bitcoin ETFs, while firms like Millennium and Goldman Sachs reduced BTC exposure due to narrowing CME futures basis.
Hong Kong Maintains Base Rate at 4.25%
Hong Kong’s Monetary Authority kept the base rate unchanged at 4.25%. U.S. midterm elections may lead to stricter crypto regulations, and the Clarity Act faces uncertainty.
RBA Expected to Hike Rates in Early November
Australia’s Reserve Bank is widely expected to raise rates by 25 bps at its November 3 meeting, pushing the cash rate to 4.85%.
Industry Hotspots
FuriosaAI Valuation Surges to $2.9B After Funding Round
South Korean AI chip startup FuriosaAI raised $620 million in a D-round, boosting its valuation to $2.9 billion, challenging industry giants like NVIDIA.
Solflare Launches USDC Yield Program
Solflare introduced a USDC yield feature, allowing users to earn interest without lockups and maintain full control of their funds.
Ripple CEO Denies Shift to RLUSD
Brad Garlinghouse affirmed Ripple's commitment to XRP, rejecting claims that the company is shifting focus to its stablecoin RLUSD.
Canadian Man Sentenced for $3.8M Crypto Fraud
A Canadian man was sentenced to 25 months for a $3.8 million crypto fraud scheme involving stolen funds and luxury purchases.
Google Introduces New Crypto Security System for Banks
Google unveiled a Multi Party Computation (MPC) system to enhance crypto security, addressing the risk of key compromises that led to 43.8% of thefts in 2024.
KOL and Institutions
@BTC_NewsBot
Bitcoin price is $81,066 USD with a 0.61668% 24-hour change. Market cap change is 0.61668%, and the 7-day change is -3.89415%.
@Fed
Stocks rose slightly after the Fed held rates steady. S&P 500 gained 0.28%, Nasdaq 0.27%, and Russell 2000 0.41%. WTI crude increased 1.8%.
@DigDugTrader
Total crypto futures liquidation reached $172 million in 24 hours, with $56.14 million in longs and $116 million in shorts. Bitcoin liquidation totaled $57.59 million.
@shlomiz
U.S. markets closed slightly higher. S&P 500 rose 0.28%, Nasdaq 0.27%, and Russell 2000 led at 0.41%. Institutional activity was mixed.
@DefiLlama
Stablecoin market cap reached $299.14 billion, while DeFi TVL remains at $88.49 billion. Weekly DEX volume was $16.54 billion, with stablecoins outperforming DeFi.
@BiconomyCom
Top 24-hour gainers include $TCAPY (+366.66%), $MPLX (+72.09%), and $GROVE (+65.69%). BTC dominance is at 60.22%.
Bitvavo
Bitvavo will delist Portal to Bitcoin (PTB) on November 6, 2026. Tokens will be converted to euros if not moved by users.
US Spot Bitcoin ETFs
Bitcoin ETFs saw a $2.4 billion weekly inflow, their largest since October 2026, according to The Block.
@LUNCMetrics
LUNC price rose 0.56% to $0.00004501. Market cap is $248 million with a total supply of 6.44 trillion.
@Oracle
Oracle outperformed Nvidia in trading volume, with $144.82 per share. October 30 $142 puts are trading 20x their open interest.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.