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Wed 4 Nov
Oracle cancels $7bn AI chip lease deal with Tencent, FT reports
Oracle has cancelled a chip leasing contract with Tencent worth about $7bn after US officials raised concerns and the Trump administration applied pressure, the FT reported. Tencent was also reportedly asked by senior Guangdong officials to back domestic chips.
GENIUS Act does not waive state licensing for stablecoin firms
The GENIUS Act sets a federal framework for payment stablecoin issuers but does not exempt exchanges, wallets, payment processors and remittance firms from state money transmission or virtual currency licensing, Bitcoin.com News said.
Jump Crypto sends 15m USD1 to BitGo in two transfers
Onchain Lens monitoring shows Jump Crypto sent 15m USD1 to BitGo in two transfers within the past hour, after which the funds were moved to BitGo's hot wallet.
Santiment says Bitcoin sentiment has soured sharply over two weeks
Santiment said bullish Bitcoin commentary was 1.8 times bearish on 20 Oct but fell to 0.37 just after the Binance hack, and has since slipped to 0.51. The firm cited uncertainty over the US midterm elections and said a recovery to $79,000 could signal a rebound against the gloom.
Jack Yi says Bitcoin rebound puts focus on $82,600 resistance
LD Capital founder Jack Yi says Bitcoin rebounded quickly after touching a descending trend line near $75,700 following about 40 days of correction from 22 Sept. He sees the price climbing toward $82,600 and says investors should wait for confirmation before judging direction.
Previous related news
- Ai Yi says Bitcoin has returned to $78,000 and a bull run has begun
- Yi Lihua says Republicans may lose both chambers and US stocks may fall further
- Yi Lihua says Republicans may lose both chambers, Bitcoin holding up better than US stocks
Taiwan's Cnyes integrates RootData API for tokenised stock exchange rankings
Taiwanese financial media outlet Cnyes has connected to the RootData API, adding RootData's rankings of tokenised stock exchanges and its market data to its platform. RootData says its API serves more than 260 institutional clients.
Address with $25.8m in 30-day gains adds $3.42m SNDK short
An address, 0xfe7ce058edc7cfcde9ef8262ba51f8d4796ab7ae, has added a short position of about $3.42m in SNDK after roughly $25.8m in account gains over the past 30 days, with total profit and loss of about $9.2m.
Mercado Bitcoin hacker moves 1.92m VIRTUAL to new wallet, sells in batches
A wallet linked to the Mercado Bitcoin hacker moved 1.92m VIRTUAL, worth about $1.14m, into a new wallet and is selling it in batches of 30,000 to 40,000 tokens through MetaMask, each worth roughly $17,000 to $45,000.
China's Star 50 index jumps nearly 10% as Shanghai and Shenzhen turnover tops 2tn yuan
China's Star 50 index rose nearly 10% and the ChiNext index gained more than 6% as A-share markets rebounded, with combined Shanghai and Shenzhen turnover at 2.04tn yuan, up 334.3bn yuan on the previous session. More than 4,600 stocks advanced, including semiconductor and precious metals names.
MEXC says it ranked second in Q3 perpetual futures volume
MEXC said it ranked second among exchanges in third-quarter perpetual futures volume with a 17.43% share, citing a TokenInsight report, and fourth overall at $1.07tn. It said its October proof-of-reserves report with Hacken showed BTC reserves at 294%, USDT at 122% and ETH at 111%.
Hyperliquid trader loses about $881,000 as $52.5m in positions liquidated
A Hyperliquid trader had positions worth over $52.5m liquidated over seven days, losing about $881,000, Onchain Lens monitoring shows. The wallet holds a 40x leveraged BTC short of $5.54m, 0.27% from liquidation.
Pump.fun adds NEAR ecosystem token trading without bridging
Pump.fun says NEAR tokens are now available in its app, letting users trade tokens from the NEAR ecosystem without a cross-chain bridge.
CryptoQuant's Darkfost says Bitcoin sellers are tiring but demand is still missing
CryptoQuant analyst Darkfost said Bitcoin's seller exhaustion indicator has fallen to levels seen in bear markets, consistent with short-term profits being taken and a pullback of more than 10% from the previous high. He said such declines have historically helped form bottoms, but Bitcoin still lacks demand.
Previous related news
- Darkfost says short-term holder BTC exchange inflows stay limited despite dip below $80,000
- Darkfost says Bitcoin MVRV falls to 25.7%, entering accumulation zone
- CryptoQuant contributor IT Tech says high-cost Bitcoin holders' exchange inflows have fallen to 4.4%
Solana tokenised stock volume reaches $657m, more than double any day since September
Trading in tokenised stocks on Solana reached $657m in a single day, more than double any other day since September, Solana monitoring shows. Backpack Securities accounted for $598m.
OKX launches simple options on tokenised stocks
OKX has launched simple options initially covering four tokenised stocks, xSPCX, xMU, xGOOGL and xNVDA, offering buy and sell calls and puts with 24/7 quote-based trading from one share and no separate trading fee.
China academy and Huawei, Alibaba and Tencent back agent interoperability pact
Twenty organisations including the China Academy of Information and Communications Technology, Huawei, Alibaba, Tencent and Xiaomi released a self-discipline convention on AI agents, pledging shared infrastructure for agent registration, discovery and routing.
Chip equipment makers near completion of 2028 supply contracts
Applied Materials, ASML, Lam Research, Tokyo Electron and KLA are finalising 2028 equipment supply contracts, with some discussing 2029 orders, as AI infrastructure investment drives demand, Korean outlet The Elec reported on 3 Nov.
Apple, Home Depot and GE Vernova join objections to OKXICE tokenisation
Apple, Home Depot and GE Vernova have joined companies objecting to tokenised trading of their shares on OKXICE TSV, taking the total to 59 from 56 on 2 Nov, with objections due by 3 Nov under the SEC's 30-day window.
Previous related news
- 56 companies oppose stock-token listings on OKXICE, including Amazon and Tesla
- OKXICE says 50 companies oppose its tokenised-stock plan, including Nvidia
- Eleanor Terrett says Wall Street tokenisation rivalry intensifies over OKX and ICE plans
Coinone puts Everscale on delisting watchlist after service halt
Coinone has placed Everscale (EVER) on its delisting watchlist after confirming core services were suspended when a key infrastructure operator said it would end support via the project's official community.
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