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- Solana ETFs gained $44.48M in inflows, defying broader crypto market weakness as Bitcoin and Ethereum ETFs saw combined $290M outflows. - Bitwise Solana ETF (BSOL) surged 4.99% with $222.8M in assets, driven by staking yields and novel narratives despite SOL token's 8% weekly price drop. - On-chain data revealed 1.1M SOL transfer from Jump Crypto to Galaxy Digital, fueling speculation about Bitcoin rotation amid profit-taking pressures. - Bitcoin ETFs maintained $931M weekly net inflows ($30.2B annual to
- A $717M Bitcoin transfer from Coinbase to a new anonymous wallet has triggered market speculation about institutional activity or security measures. - Analysts highlight whale behavior implications, though anonymity complicates identifying motives like portfolio rebalancing or cold storage moves. - CoinW's BankrCoin (BNKR) listing on October 29 aims to boost short-term interest through $8,000 USDT bounties and promotional campaigns. - Market observers caution against overreacting to single large transfer
- 30-day U.S. government shutdown threatens food and heating aid for millions of low-income Americans. - Exhausted $6B SNAP fund risks 42M households; LIHEAP delays leave 300K Pennsylvania families without heating support. - Nonprofits like Propel offer $50 cash relief, but gaps persist as states struggle to compensate for federal shortfalls. - Bipartisan stalemate on ACA subsidies delays resolution, with Trump prioritizing military funding over social programs.
- Ripple's RLUSD stablecoin nears $900M market cap, up from $400M in August 2025, driven by institutional adoption and XRP Ledger growth. - Global firms added $11B in XRP reserves, while RLUSD expanded into cross-border payments and Nigerian EV transactions via Tembo e-LV. - XRP Ledger's regulatory tools (Clawback, Deep Freeze) attracted $364M in tokenized assets, including USDC and XSGD, boosting institutional trust. - Analysts highlight RLUSD as a "liquidity amplifier" for XRP, with planned 2026 Japan la
- Trump confirmed Xi Jinping pledged no military action against Taiwan during his term, easing Taipei's immediate concerns but leaving strategic uncertainties. - The U.S.-China trade deal reduced tariffs and eased rare earth restrictions, with Trump planning a China visit to stabilize bilateral relations. - Taiwan's leaders reaffirmed sovereignty commitments, while Beijing warned "all necessary measures" remain possible against unification rejection. - U.S. strategic ambiguity on Taiwan defense persists, w
Quick Take Summary is AI generated, newsroom reviewed. The Federal Reserve injected $29.4 billion overnight, its largest move since the Dot-Com Bubble. The XRP community views this as a bullish event, recalling previous rallies after Fed interventions. XRP trades near $2.48, with potential upside toward $3 if liquidity boosts continue. The Fed’s move follows a drop in U.S. bank reserves to $2.8 trillion, raising concerns about hidden stress.References X Post Reference
- 09:36Data: Institutional Bitcoin Purchases Fall Below Mining Supply for the First Time in Seven MonthsChainCatcher news, according to BeInCrypto, the net bitcoin purchases by institutional investors have fallen below the daily mining issuance for the first time in seven months. Charles Edwards, head of crypto investment firm Capriole Investments, pointed out that DAT purchases began to drop sharply from August 14; spot ETF demand also plummeted after the market crash on October 10. Currently, the combined net institutional purchase volume is already lower than the daily newly mined bitcoin supply. Edwards stated: There are currently 188 DATs holding large positions but lacking a business model, and institutional buyers' interest is much lower than before.
- 09:29Balancer forked projects affected by Balancer attackJinse Finance reported that on November 3, the DeFi protocol Balancer suffered an attack, with the current loss amount rising to $1.166 billion. Redstone co-founder Marcin tweeted a reminder that forked projects of Balancer, such as Beets on Sonic, also appear to be affected. According to DefILlama data, BEX TVL has rapidly dropped from $54 million to about $41 million, a decline of more than 24%. In addition, BEX on Berachain may also be affected, with Beets TVL currently around $10 million, down more than 30% in the past half hour.
- 09:24Berachain: Preventive measures are being taken, HONEY minting and BEX liquidity pools have been suspended.ChainCatcher News, The Berachain Foundation posted on X stating: "In the past 45 minutes, we have become aware of the vulnerability attack currently affecting Balancer and are taking precautionary measures to prevent any potential harm to the Berachain ecosystem, especially BEX. During this period, HONEY minting as well as operations related to the BEX liquidity pool/vault have been suspended. We will provide further updates soon."