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11/2
21:49
Iran's naval public relations department stated that an oil tanker caught fire after hitting a mine in the eastern part of the Strait of Hormuz. The tanker had turned off its navigation system while transiting the "eastern exclusion zone of the Strait of Hormuz." The Iranian Navy warned shipping organizations that there is a "high risk" of collision with "mines" if tanker owners do not coordinate with the Iranian Navy beforehand. Previously, Iran's Revolutionary Guard claimed that 11 vessels had caught fire in the strait since the commander of U.S. Central Command visited the Strait of Hormuz. Control over this strategic waterway has been a sticking point in negotiations to end the U.S.-Israeli war against Iran.
21:47
White House economic advisor Kevin Hassett stated that the AI investment boom is well-funded, refuting concerns raised after last week's tech stock sell-off. Hassett acknowledged risks for highly leveraged companies but believes that large, cash-rich investors can provide support if financing issues arise. He also downplayed the risk of a widespread market crash, calling the recent market weakness a normal correction after significant gains.
21:46
According to Lookonchain monitoring, BlackRock has seen continuous ETH outflows over the past month, totaling 580,145 ETH, equivalent to approximately $1.32 billion.
21:42
JPMorgan warns that a renewed US-Iran conflict after the midterm elections could trigger an equity selloff and another oil price spike. However, strategist Mislav Matejka expects any escalation to be short-lived, creating another buying opportunity. The bank remains bullish on banks, industrials, commodities, and semiconductors, while viewing gold's recent pullback as an opportunity to add exposure. JPMorgan expects the S&P 500 to reach new highs by year-end, supported by earnings growth and stabilizing technology stocks.
21:42
Iranian President Masoud Pezeshkian declared that military pressure will not force Iran into submission, vowing to resist what he described as foreign threats and excessive demands. He added that Tehran remains committed to resolving disputes through dialogue, and Iran's Supreme Leader has granted the government additional authority to pursue solutions. Pezeshkian also pledged targeted subsidies and cheaper essential goods for disadvantaged and border regions.
21:41
India's Finance Minister Nirmala Sitharaman urged the Tata Group to resolve its internal leadership dispute amicably, saying the conglomerate’s standing as a global brand and its contribution to the Indian economy make an early settlement important.
21:41
Following the US FBI and Secret Service launching an investigation into the roughly $6.4 billion hack on Binance, CFTC Chairman Michael Selig criticized offshore exchanges for lacking regulatory safeguards and proposed a "federal option" that would allow offshore platforms to register with the CFTC and comply with US cybersecurity standards. The attack triggered $643.3 million in outflows from Bitcoin ETFs last Friday, while Ethereum ETFs saw $1.61 billion in outflows in October. Binance CEO Richard Teng said the company would fully cover the losses using corporate funds and the SAFU fund, having set aside $6.34 billion. Withdrawals resumed over the weekend, with net outflows so far exceeding $3.6 billion. Binance also needs to purchase roughly $1.3 billion worth of BTC, ETH, and BNB in the open market and OTC to replenish the fund pool.
21:40
According to Lookonchain, Bitcoin ETFs recorded a 1-day net outflow of 7,919 BTC (approximately $614.26 million) and a 7-day net outflow of 2,292 BTC (approximately $177.81 million) as of Nov 2. Ethereum ETFs experienced a 1-day net outflow of 44,837 ETH (approximately $102.12 million) and a 7-day net outflow of 147,585 ETH (approximately $336.15 million) during the same period.
21:36
As part of China's national hydrogen energy strategy, the Beijing municipal government plans to have over 12,000 hydrogen fuel cell vehicles on its roads and build more than 40 hydrogen refueling stations by 2030. This goal is part of the capital's five-year plan for the hydrogen energy industry, which aims to accelerate the adoption of hydrogen vehicles in road freight, urban delivery, and passenger transport by supporting leading manufacturers to strengthen the supply chain and reduce the cost of fuel cell vehicles and key components by over 30%.
21:35
BitMine reported that it increased its holdings by 8,573 Ethereum (ETH) in the past week, bringing its total holdings to 6,060,506 ETH, which accounts for approximately 4.9% of the total Ethereum supply. The company has staked 5,227,037 ETH, and its total cryptocurrency, cash, marketable securities, and other investments amount to approximately $14.5 billion, including $498 million in cash and marketable securities.
21:31
Turkish Vice President Cevdet Yilmaz stated that the conflict triggered by Israeli actions is exerting immense pressure on the global economy, leading to a rise in world energy prices. Yilmaz pointed out that Israel's occupation of Palestine, settler violence, forced displacement, and systemic oppression, particularly in the Gaza Strip, threaten the safety of the Palestinian people and regional stability. He emphasized that the international community's primary responsibility is to take concrete steps to pave the way for the reconstruction of Gaza, halt the genocide in the occupied Palestinian territories, and sustain international efforts.
21:29
Binance's SAFU Bitcoin wallet balance has dropped to approximately 7,500 BTC after a transfer of 7,499 BTC related to a hacking incident. Binance has also published its Proof of Reserves but has not yet provided a timeline for replenishing the $1 billion SAFU fund.
21:25
On-chain monitoring platform Lookonchain, citing a report from on-chain investigator ZachXBT, stated that an EU entity allegedly lost over $106 million in cryptocurrency from multiple centralized exchange accounts. The attacker used wallet address 0x9eca to purchase 27,553 ETH on-chain at an average price of $2,286 (approximately $62.97 million), and subsequently moved these funds through various platforms.
21:18
Chinese Foreign Minister Wang Yi stated that China supports Iran in safeguarding its sovereignty and security during a meeting with visiting Iranian Deputy Security Affairs Chief Ali Bagheri Kani. Wang Yi urged all parties to focus on political solutions with a rational and pragmatic spirit, rather than resorting to armed conflict again. According to Iran's state news agency, Kani said China reiterated its full support for Tehran. Additionally, China announced that its special envoy would visit Iran, Saudi Arabia, and Oman later this month to advance the Middle East diplomatic process.
21:17
Intesa Sanpaolo SpA plans to launch a €33 billion (approximately $37 billion) takeover bid for rival Banca Monte dei Paschi di Siena SpA in the last week of this month, according to people familiar with the matter.
21:17
According to a ColeMacro tweet retweeted by Saylor, Strive increased its Bitcoin holdings by 124 BTC for approximately $10 million, at an average cost of $80,526 per coin, bringing its total holdings to 43,124 BTC. The tweet stated that most of the funds for this purchase came from existing cash.
21:17
According to an Upbit announcement, deposits and withdrawals of ZK on the ZKsync Era network will be suspended starting from November 3, 2026, at 00:00 KST (UTC+9) due to a ZKsync network upgrade. Resumption will be announced via a further notice once the stability of deposits and withdrawals is confirmed. ZK trading will not be affected.
21:10
Binance founder CZ retweeted a CoinDesk report, commenting that more countries will realize in the future that issuing local stablecoins can increase demand for their national currencies and government bonds, an area where the US dollar currently holds a significant advantage. The CoinDesk report noted that HSBC's HKD stablecoin, RedCoin, reached 50,000 users and 87.75 million HKD in circulation within its first week of launch, with plans to expand its services beyond PayMe to tokenized investment products.

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