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Wed 4 Nov
a16z-linked entity moves $15m of HYPE to exchanges over five days
An a16z-linked entity, HYPE's largest external holder, deposited another 32,862 HYPE to exchanges, moving $15m of the token over five days, on-chain analyst Ai Yi says. It has withdrawn 3.75m HYPE since 15 July at an average of $83.5.
Bitcoin falls below $76,000, down 2.19% intraday
Bitcoin dropped below $76,000 and was trading at $75,995.10, down 2.19% intraday, according to OKX market data.
Binance hacker continues converting SOL to Bitcoin, Lookonchain says
Lookonchain says the Binance hacker is still converting SOL to BTC: splitting SOL across wallets, selling it for USDC, bridging to Ethereum to buy ETH, then swapping the ETH for BTC via THORChain.
Franklin Templeton's Canobi says funds shifting slightly from stocks to bonds after midterms
Andrew Canobi, head of Australian fixed income at Franklin Templeton, says the initial US midterm market reaction was a slight shift from stocks to bonds, with some risk aversion. He says a Democratic Congress could be seen as a check on Trump's growth agenda, notably in AI and resources.
Yi Lihua says Republicans may lose both chambers and US stocks may fall further
Liquid Capital founder Yi Lihua says Republicans will probably lose both chambers, with Texas also at risk, and expects US stocks to keep falling. He says Bitcoin has held up strongly against equities despite the bearish backdrop.
Previous related news
- Yi Lihua says Republicans may lose both chambers, Bitcoin holding up better than US stocks
- Yi Lihua says market has weathered black swan and AI is far from a bubble
- Liquid Capital's Yi Lihua says best buying chance comes at peak fear
Google Cloud and Nammu21 test blockchain automation for bank lending
Google Cloud has demonstrated technology combining AI and blockchain to automate syndicated corporate lending, bond transfers and interest payments, working with fintech firm Nammu21. The proof of concept used Google Cloud Universal Ledger and Nammu21's AI-based contract analysis.
Tron Inc. buys 154,403 TRX for about $49,760
Tron Inc. (Nasdaq: TRON) bought 154,403 TRX at an average price of $0.3238, worth about $49,760, according to Onchain Lens monitoring.
Lookonchain says trader betting on Republicans in midterms has $624,800 unrealised loss
Lookonchain says a trader betting on the Republicans in the 2026 US midterm elections is losing on all five positions, with combined unrealised losses of $624,800.
Korean stocks turn lower as investors await US midterm results
South Korea's KOSPI fell 2.7% after opening higher as investors awaited US midterm election results, with AI-related shares retreating; Samsung Electronics dropped 3% and SK Hynix 4.5%, MSX.COM data showed.
Zhongji Innolight falls 10.7% in 24 hours to $78.15
Zhongji Innolight fell 10.7% over 24 hours and was last at $78.15, market data showed.
Address withdraws 1,306 ETH worth $2.99m from Coinbase, Ai Yi says
On-chain analyst Ai Yi says address 0x2ff…D661e withdrew 1,306 ETH, worth $2.99m, from Coinbase three hours earlier at $2,286.68 per token, after ETH fell again.
Germany's DAX 40 falls to 25,600 points, down 1.0% in 24 hours
Germany's DAX 40 index fell to 25,600 points and last stood at 25,585.86, a drop of 1.0% over 24 hours, according to Gate data.
Dollar rises past 6.680 against offshore yuan, up 0.2% in 24 hours
The dollar climbed past 6.680 against the offshore yuan (USDCNH) and last traded at 6.68140, a gain of 0.2% over 24 hours, according to Gate data.
Lightelligence files for A-share IPO coaching with Shanghai regulator
Lightelligence (1879.HK) submitted A-share IPO coaching registration to the Shanghai securities regulator, with Guotai Haitong as adviser. The optical interconnect and computing firm posted 2025 revenue of RMB 106m and a net loss of RMB 1.34bn.
Apple Intelligence beta lets Alibaba's Qwen take on Siri tasks
Apple Intelligence opened for testing in the latest iOS developer beta, letting users call Alibaba's Qwen for text and image understanding and content generation in Siri, Writing Tools and Visual Intelligence. Users opt in and sign in via Apple or their Qwen account.
Previous related news
- Apple says Apple Intelligence will open for testing in China from 4 November with Alibaba's Qwen
- Cook says Apple Intelligence test version due in October with Qwen model
- Apple plans first China AI features in December, without new Siri
James Oi says US midterm market reaction hinges on gap with expectations
Market strategist James Oi says US equities' response to the midterms may depend less on which party wins than on how far results diverge from what investors had priced. He also flags the Texas governor's race as AI data-centre investment grows there.
GameFi leads crypto sector losses as meme and PayFi hold firm, SoSoValue data show
Crypto sectors mostly fell over 24 hours, with GameFi down 3.07% as Beam dropped 10.39% and AI down 1.29% as Akedo fell 32.52%, SoSoValue data show. Layer2 slipped 0.16% while SOON rose 8.67%, and Layer1 fell 0.52% as Injective gained 2.12%.
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