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Short crypto and markets updates from outlets’ public feeds, rewritten by AI in our own words, credited and linked. Newest first.
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Live · checking for new flashes
Tue 3 Nov
Trader Killa says Bitcoin may chop for months before next rally
Trader Killa says Bitcoin could stay range-bound for several months, arguing that if a bottom has formed the cycle would advance faster. He says the period before the next rally may suit short-term traders.
Strategy pays first daily dividend on STRC preferred stock
Strategy (MSTR) has made the first daily dividend payment on its STRC preferred stock, BitcoinTreasuries says.
Previous related news
- Strategy shareholders approve daily dividend proposal with 99.3% of votes
- Strategy's Phong Le says STRC preferred stock to pay daily dividends after approval
- Strategy says STRC November dividend to stay at 12% annualised, paid daily
LITE falls 11.4% in 24 hours to $706.11
LITE dropped 11.4% over 24 hours and was trading at $706.11, according to MSX.COM data.
CFTC chair Michael S. Selig says equity perpetual futures can trade on US exchanges
Michael S. Selig, chair of the US Commodity Futures Trading Commission, said equity perpetual futures can trade on CFTC-registered exchanges from now on. Only designated contract markets also registered with the SEC as national securities exchanges may offer them.
Aztec Foundation releases Tierra (Alpha V6) upgrade fixing security flaws
The Aztec Foundation has released the Tierra (Alpha V6) upgrade for the Ethereum privacy layer-two network, fixing security flaws including a critical one found in V5 and adding an AI-based security testing system. Privacy proof generation is twice as fast, at about one second on local devices, and Ethereum messages reach Aztec in as little as 12 seconds.
predict.fun extends market-making rebates by a month, up to 30%
predict.fun said it is extending rebates for eligible market-making orders by one month, with up to 30% returned across all market categories. UP/DOWN and crypto markets pay 25%, while finance, politics, tech, economy, culture and weather pay 30%.
Zack Brenner says liquidity cycles and overtrading hinder pattern recognition in crypto
OpenSea product marketing lead Zack Brenner says crypto trading in the "trenches" relies on pattern recognition, but new liquidity cycles can invalidate old patterns and overtrading itself is bad trading.
Reuters poll finds strategists keep bearish dollar view as near-term strength risk grows
A Reuters foreign exchange poll found strategists' forecasts for a weaker dollar over the next year were little changed from early October, though more analysts warn the dollar could stay strong for longer as US midterm elections approach.
Euro Stoxx 50 rises past 6,200 points, up 0.8% in 24 hours
The Euro Stoxx 50 climbed past 6,200 points to 6,200.46, a gain of 0.8% over 24 hours, according to Gate data.
AXTI falls 10.7% in 24 hours to $50.03
AXTI dropped 10.7% over 24 hours and was trading at $50.03, according to MSX.COM data.
Cross River to launch tokenised lending platform on Arbitrum One
Cross River plans to launch a tokenised lending platform on Arbitrum One, which will provide the infrastructure to tokenise and manage loans from launch, with ZeroDev's embedded wallet supporting the customer experience. Offchain's enterprise services team designed the platform.
US crypto groups split over whether DeFi vaults are securities
The Crypto Council for Innovation and Aave disagree on how to judge whether DeFi vaults are securities, Eleanor Terrett reported. CCI says a manager's control and discretion over strategy should be key, while Aave, Veda Tech Labs and the Kamino Foundation argue active management alone should not make a vault a security.
Ether breaks above $2,300, up 1.18% intraday
Ether broke above $2,300 and was trading at $2,300.56, up 1.18% intraday, on OKX market data.
Moscow Exchange to list Bitcoin, ether and USDT on 1 December
The Moscow Exchange plans to launch Bitcoin, ether and Tether's USDT trading on 1 December, calling it Russia's first organised digital currency market. Trades will clear through the National Clearing Centre, with non-qualified investors capped at Rs-equivalent 300,000 roubles (about $3,700) a year per broker.
Trump says Fed rate cuts would bring the budget into balance
US President Donald Trump said that if the Federal Reserve cuts rates, the budget can be balanced. Asked about Iran, he said the US struck it very well overnight and that he did not want heavy casualties but would accept them if necessary.
SEC comment period on crypto rules ends as Bitwise and Hyperliquid seek clarity
The comment period on the US SEC's proposed cryptocurrency rules ends today. Bitwise and the Hyperliquid Policy Center called for clearer standards on when tokens are securities and on airdrops, buybacks and secondary-market intermediaries.
Previous related news
- Bitwise and Hyperliquid Policy Center urge SEC to revise crypto rule
- Hyperliquid Policy Center backs SEC crypto rule proposal with five changes
- Hyperliquid Policy Center urges SEC to exclude airdrops from securities definition
Apple chief says memory price rises are weighing on gross margin
Apple's chief executive says higher memory prices are weighing on gross margin, while Elon Musk plans to renegotiate with TSMC. US index futures were mixed, with Dow futures down 0.70% and Nasdaq 100 futures up 0.35%.
ByteDance's Seedance draws half its revenue overseas as Tencent ranks in top three customers
Overseas revenue from ByteDance's Seedance video generation model has reached 50% of the total and grew nearly fivefold in six months, sources close to Volcano Engine said. Tencent is among Seedance's top three customers in China by token use and revenue, with Bilibili in the top ten.
South Korea's FSC weighs raising exchange cold wallet custody to about 99%
South Korea's Financial Services Commission held an emergency safety inspection meeting with major crypto exchanges and custodians on 2 November, discussing a rise in the cold wallet custody ratio from the 80% required by the Virtual Asset User Protection Act to about 99%. Upbit holds over 99% of user assets in cold wallets, Bithumb about 94%, Coinone 85% and GOPAX in the low 80s.
Previous related news
- Zhao Changpeng says Binance and crypto industry underinvest in security
- CZ says crypto industry discussing security alliance and wants US government help on hacks
- CZ says withdrawals may persist after Binance attack but some funds are returning
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