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10/20
23:05
According to U.Today, as the XRP price retraced to around $1.30, XRP withdrawals from Binance fell to a five-year low, totaling only $49.7 million daily. Meanwhile, XRP inflows to Binance reached a seven-month high of 1.669 billion over the past 30 days, while total inflows to major trading platforms hit 6.05 billion, the highest since March. Analysts believe this indicates that large investors have paused long-term accumulation, shifting to a wait-and-see approach and moving significant liquidity to trading platforms. Additionally, a large on-chain transfer of 82.3 million XRP (approximately $106-107 million) occurred today, which is believed to be an internal portfolio rebalancing.
23:04
The White House announced that the Trump administration significantly reduced illegal immigration in less than two years, with over 3 million immigrants departing the United States during Donald Trump's second term. Illegal border crossings decreased by 95% compared to the Biden era, reaching a historic low. Additionally, the backlog of immigration court cases was significantly reduced, fentanyl trafficking decreased by 56%, drug overdose deaths fell by 40%, and the total U.S. mortality rate is projected to drop to an all-time low in 2025.
22:59
Coinbase CEO Brian Armstrong tweeted that crypto has eliminated many previously accepted waiting periods in traditional finance, such as stablecoins flowing cross-border on weekends and holidays, tokenized stocks enabling 24/7 global trading, decentralized exchanges settling in real-time, and on-chain lending requiring no loan officers. He noted that crypto is making money move at the speed of information.
22:48
Toyota to begin Thai production of hydrogen-powered Hilux pickup in December 2027, initially for export to Europe, Australia and New Zealand.
22:46
Unsecured bond yields for AI data center company CoreWeave have surged to 15%, raising market concerns about the sustainability of AI infrastructure investment cycles. According to the Financial Times, Ajay Rajadhyaksha, Chairman of Global Research at Barclays, noted that this primarily reflects the lower repayment priority of CoreWeave's unsecured bonds within the company's capital structure, rather than a crack in the AI capital expenditure cycle. He believes that CoreWeave's capital expenditure guidance ($35 billion to $39 billion by 2026) accounts for only about 4% to 5% of the industry total, and the true risk signal would be a significant drop in computing power prices.
22:34
Andreas Krieg, an associate professor of security studies at King's College London, stated that the UK's deployment of fighter jets to assist Saudi Arabia in defending against Houthi attacks is "a fundamental protection of British national interests in the region." He noted that the UK's prosperity is closely tied to Saudi Arabia's stability, and this move not only protects critical national infrastructure and supply chains but also reflects the "trust issues" Gulf states have with Washington following the US withdrawal from the region. This creates an opportunity for European nations to intervene, with the UK leading this trend.
22:30
A Lebanese military court has issued arrest warrants for two Hezbollah members in connection with the transfer of explosives. This follows an acknowledgment last week by a Hezbollah MP that a 500kg shipment of explosives seized by Lebanese authorities earlier this month belonged to the group.
22:25
Donald Trump's envoy, Steve Witkoff, will meet with Ukrainian President Volodymyr Zelenskyy before traveling to Moscow, a trip aimed at restarting peace talks between Ukraine and Russia, the Financial Times reported. Witkoff is also expected to ask Russia to release an American hostage.
22:14
US Treasury Secretary Scott Bessent said he doesn’t anticipate a spillover from the French bond market, which has seen surging yields that have in turn driven a broader conversation about the European nation’s finances.

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