Today's Highlights
1. CoinGabbar to be Official Media Partner at MoneyAura Africa 2026
2. XRP Ledger to Receive Major Security Update on November 4
3. EtherPR to Sponsor Digital Transformation Summit in Abu Dhabi
4. Instant Payments Summit 2026 to Take Place in Toronto on November 4
5. XRP Ledger Security Update Targets Trading, NFTs, and Signatures
Macro News
Australia RBA Raises Rates to 4.85%, 18-Year High
The Reserve Bank of Australia increased interest rates to 4.85%, a level not seen in 18 years, citing inflationary pressures from AI and energy costs.
US Spot Bitcoin ETFs Record $398.6M Net Outflow
Bitcoin ETFs saw a net outflow of $398.6 million on November 2, with IBIT leading the outflow at $405 million, marking the second consecutive day of withdrawals.
Ethereum ETFs See $140M Net Outflow on November 2
Ethereum spot ETFs recorded a $140 million net outflow on November 2, with ETHA experiencing the largest single-day outflow of $138 million.
Canton to Launch Tokenized Stock with 24/7 Trading
Canton Strategic Holdings will tokenize its common stock on Canton Network, enabling 24/7 trading and atomic settlement through Tradecraft's AMM.
Apple's New CEO Faces Investor Skepticism
Apple’s new CEO John Ternus faced investor skepticism despite strong sales, with shares falling after a weak profit outlook and unclear service growth strategy.
Industry Hotspots
Tether CEO Reveals Company Holds 150,000 Bitcoin
Tether CEO Paolo Ardoino disclosed the company holds approximately 150,000 Bitcoin, revealed during a Bitcoin forum in Switzerland.
Hyperliquid Sees Large Positions in Storage and Chip Stocks
Hyperliquid has seen significant long positions in storage and chip stocks as the market corrects, with $43.78 million in net longs added in 24 hours.
EU Digital Product Passports to Go Mandatory in 2027
VeChain is preparing for EU Digital Product Passports (DPP) to become mandatory in 2027, already processing over 100,000 real events per month.
XRP vs. Stablecoins: Key Differences Highlighted
A recent analysis highlighted that XRP is a decentralized commodity with no issuer, while stablecoins like RLUSD are subject to legal freezes and jurisdictional control.
$228.66M in Long Positions Liquidated in 24 Hours
Over $228.66 million in long positions were liquidated in the crypto markets within 24 hours, indicating increased volatility and risk exposure.
KOL and Institutions
@BTC_NewsBot
Bitcoin price stands at $76,739, with a 24-hour decline of 1.37%. The 7-day change is -3.78%, with market cap also down 1.37%.
@DjakhongirMukh1
Bitcoin is trading at $77,020, down 1.74% in 24 hours. Daily spot and futures outflows have increased, indicating ongoing market pressure.
@ValeriusLabs
$AERO sees $21 million in 24-hour volume against a $478 million market cap. Open interest is at $27 million, with neutral funding rates.
@shlomiz
US stocks closed mixed on November 2, with the S&P 500 down 0.51% and the Nasdaq down 1.07%. Intel fell 8.8%, and Marvell dropped 12.5%.
@GoldLoverXo
Only Ripple and Solana are showing green in the crypto market, while the rest remain in the red, highlighting uneven performance across the sector.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.