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11/5
11/4
23:53
Evernorth: XRP Stock Financing Plan Raises $18M Less Due to Share Price Decline. CryptoSlate reports that XRP treasury firm Evernorth previously secured the effectiveness of a registration facility to sell up to 5,218,935 shares of newly issued stock to Cantor Fitzgerald affiliate CF Principal Investments. Based on the October 22 reference price of $15.46, the full allotment was originally valued at approximately $80.7 million; based on the November 3 closing price of $11.98, it is valued at roughly $62.5 million. Due to the drop in share price, the potential fundraising size was reduced by about $18 million (or 22.5%). The calculation is based on the original fixed share allotment and excludes fees and discounts.
23:51
US Vice President JD Vance stated that the Republican Party's defeat in the midterms was due to voters who supported Donald Trump in 2024 shifting toward the Democrats, noting that internal polling showed voters want an end to the war with Iran, lower inflation, the advancement of the America First agenda, and a change in the U.S.-Israel relationship. Vance bluntly stated, "The reason we lost was this war."
23:48
Citing analysis from Negar Mortazavi, a senior researcher at the Center for International Policy, Al Jazeera's live updates noted that the US midterm election results indicate the US president cannot provoke a war in the Middle East without paying a domestic political price. A war with Iran has become a major political liability for the Republican Party, resulting in higher energy costs, inflation, and economic uncertainty for American consumers.
23:43
Apple and 59 other companies have jointly opposed the US stock tokenization initiative, halting the listing of OKXICE TSV. Apple exercised its 30-day veto power under the U.S. Securities and Exchange Commission's "innovation exception," formally blocking tokenized stock trading on its new platform, OKXICE TSV. The total number of opposing companies has reached 59, including a majority of the "Magnificent Seven" tech giants (excluding Meta), SpaceX, JPMorgan Chase, and Goldman Sachs. The OKXICE TSV project, jointly launched by crypto exchange OKX and Intercontinental Exchange, originally planned to conduct on-chain trading via Uniswap v4 pools, but has currently stalled due to corporate pushback.
23:37
U.S. October Markit Services PMI Final came in at 56.1, compared to a preliminary reading of 57.9 and a September final of 58.8; the October Markit Composite PMI Final was 55.9, compared to a preliminary reading of 57.6 and a September final of 58.4.
23:33
U.S. crude oil inventories fell by 900,000 barrels last week, accompanied by a significant decline in distillate inventories. Data from the U.S. Energy Information Administration (EIA) showed that for the week ending on the latest reporting date, U.S. crude oil inventories decreased by 900,000 barrels to 409.8 million barrels; distillate inventories dropped by 3.6 million barrels to 99.3 million barrels; and gasoline inventories declined by 200,000 barrels to 209 million barrels. Excluding the Strategic Petroleum Reserve (SPR), total petroleum inventories decreased by 8.2 million barrels. The refinery utilization rate came in at 94.5%, up 1.7 percentage points sequentially; total petroleum demand, calculated on a four-week moving average basis, rose 4.2% year-over-year.
23:31
According to Bitcoin Magazine, Hut 8 has sold approximately 3,102 Bitcoin since July to fund a stock buyback of about $250 million, including roughly 954 Bitcoin sold in the third quarter and about 2,148 Bitcoin in October. The report also noted that the company's board of directors increased its share repurchase authorization to $1 billion on November 2.
23:20
Zelenskyy presented the Order of Princess Olha, First Class—Ukraine's highest decoration for women—to US First Lady Melania Trump in recognition of her significant personal contributions to humanitarian support for Ukraine and her diplomatic efforts in facilitating a ceasefire in Oleshky, Kherson Oblast. Russian and Ukrainian delegations are invited to meet at the White House on Thursday.
23:17
A post retweeted by Musk stated that Starlink Mobile is building a nationwide communications network across the U.S. that integrates satellite and terrestrial networks. Its 5G base stations will use Qualcomm chips, with deployment scheduled to begin in 2027.
23:07
Analysis: If the U.S. Democrats win control of Congress, next year's debt ceiling standoff could trigger market volatility. Analysts note that with the Democrats in control of Congress, the roles in debt ceiling negotiations may be reversed. The Democrats could leverage this to pressure the White House for policy or spending concessions, a process that threatens to heighten volatility in the bond market.

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