Crypto News

US spot Bitcoin ETFs recorded $643.2 million in net outflows on 30 October, reversing four days of inflows totaling $440.8 million and leaving the five-day period with a net loss of about $202.4 million. BlackRock’s IBIT saw $233.7 million leave, while Fidelity’s FBTC lost $201 million; five major funds posted outflows. Bitcoin fell to about $76,314 that day, then recovered to around $77,558 the next day. October net outflows for US spot Bitcoin ETFs were estimated at roughly $515 million to $516 million, despite IBIT attracting $932.1 million over the month. Other Bitcoin funds saw about $1.45 billion in monthly outflows, while cumulative net inflows into the funds since their January 2024 launch stood at approximately $57.05 billion. Ether ETFs also recorded $155.7 million in outflows on 30 October, bringing combined Bitcoin and Ether ETF withdrawals to $798.9 million. The figures signal unsettled institutional demand and may weigh on near-term sentiment, but ETF flows alone do not determine Bitcoin’s price; macroeconomic conditions, spot-market demand and derivatives positioning also matter.

About 97 million CORE staked through b14g were withdrawn without authorization on 31 October and moved to an attacker-controlled address, according to the protocol. b14g paused the affected contracts and is working with the Core team, security partners and exchanges to trace and recover the funds. About 68 million CORE remain on the Core chain, while partner exchanges have frozen around 9 million CORE linked to the attacker. b14g said the incident affects only CORE staked through its service. The attack could weigh on CORE sentiment as traders assess recovery prospects and any further security risks.

Bitcoin has risen in 10 of its 16 November trading periods since 2010, with an average return of 34.59% and a median return of 10.26%. The average was lifted by an exceptional 453.6% gain in November 2013; the largest November decline was 36.41% in 2018. Bitcoin fell 7.32% in October 2026, its fourth-weakest October return on record. Ethereum dropped 16.06%, its second-weakest October result. The historical November figures offer context for traders but do not predict future performance.

Trezor is investigating a report that a Safe 5 hardware wallet bought by an Indonesian customer on Tokopedia through former authorised reseller CryptoBilis may contain an unauthorised component capable of capturing recovery phrases. Trezor confirmed the report and advised affected CryptoBilis buyers to follow its official safety guidance. The suspected mobile communications module has not been verified by Trezor’s laboratory, and the reported device has not yet been examined. Four other devices from the reseller channel showed no physical modifications, and Trezor said it had received no reports of related customer losses as of 1 November. Buyers who purchased through CryptoBilis or retailers it supplied from March 2026 are advised to move funds to a wallet created with a new recovery phrase; unused devices should not be set up. Eligible customers can contact Trezor about a replacement or purchase voucher. The warning follows confirmed tampering involving some Ledger devices sold through CryptoBilis, but there is no evidence linking the suspected Trezor component to those incidents. Ledger, Trezor and OneKey have ended or suspended ties with the reseller. The case highlights hardware wallet supply-chain risks, though the number of potentially affected Trezor Safe 5 devices and further component details remain undisclosed.

Aave’s Equities Hub on Base is expanding tokenized-stock lending, allowing eligible non-US users to borrow USDC against shares in the Magnificent Seven without selling them. Launched on September 25, 2026, the isolated pool initially accepted USDC as its only borrowing asset. An Aave case study published on October 22 listed seven eligible stocks and said users can borrow and repay continuously. By October 18, deposits had reached $9.57 million—35.6% of the tokenized shares’ $26.9 million total supply—and USDC borrowing stood at $4.08 million. Borrowing wallets rose from eight at launch to 144 by mid-October, with about three-quarters new to Aave on Base. The loan-to-collateral ratio climbed from 22.2% to 42.9%, indicating increased use but also greater exposure to price declines and liquidation. Collateral factors range from 65% to 79%; the launch collateral cap was about $29 million. The tokenized shares are backed by stocks held by Alpaca Securities, with Chainlink supplying price data. Risks include falling collateral values, limited stock-market liquidity outside trading hours, eligibility restrictions, securities rights and oracle reliability. Traders should watch verified borrowing activity, risk disclosures, new collateral listings and the handling of market closures or price gaps. Aave’s Equities Hub could broaden DeFi use of tokenized securities, but its impact on AAVE and wider crypto prices remains uncertain and depends on sustained demand and product economics.

Binance co-founder Yi He said the exchange’s emergency-response departments operate around the clock. Staff first detected an anomaly and initiated a response; Yi He learned of the incident later through X and joined the emergency work. The statement offers no further details about the incident or its financial impact. Binance’s 24-hour emergency team is the key focus, but the report does not identify the cause or scope of the event.

Machi Big Brother increased his leveraged Ethereum (ETH) long position to 2,925 ETH, adding 800 ETH to the 2,125 ETH position recorded a day earlier, according to derivatives-tracking data. The position was reported to have an unrealized profit of $61,100. A previous snapshot also showed the wallet holding a 4,500 HYPE long. The increase signals a larger ETH bet by one trader, but does not by itself indicate broader market direction.

Powerledger (POWR) was Upbit’s top gainer at midday on 1 November 2026, rising 30.16% with 29.3 billion won in turnover. The move came amid weak market breadth: of 299 assets in Upbit’s Korean won market, 177 were lower and 85 were higher. Only two of the day’s top 10 performers had gained more than 10%, making POWR’s rally a standout but localized move.

The FBI has blamed the theft of more than $6 billion in crypto assets from Binance on TraderTraitor, a North Korean-linked hacking group. The Binance hack investigation has also drawn attention to the 2025 Bybit theft, which the FBI has linked to the same group. Investigators say some stolen funds are being converted into ETH and moved through DeFi platforms and instant-swap services. The FBI, US Secret Service and IRS Criminal Investigation published wallet addresses and urged crypto platforms to block related transfers. On-chain monitoring has tracked about $25 million flowing to THORChain, with other funds sent to SunSwap and Bitget Swap. Transfers continued for around 31 hours and showed signs of automation, underscoring the risk that stolen funds may keep moving across services. Binance says it has replenished about 90% of affected assets using company funds, its futures insurance fund and SAFU. Ten major tokens, including BTC, ETH, USDT, BNB and SOL, reportedly have at least 1:1 reserve coverage; Binance is still sourcing less-liquid assets. Earlier on-chain data showed 7,500 BTC transferred from SAFU, with 7,500 BTC remaining at the address. Binance took a new proof-of-reserves snapshot on 31 October and expects to publish a full cryptographic report on 3 November. Withdrawals were still undergoing security upgrades and testing, with restoration subject to official updates. Traders will be watching fund recovery, withdrawal availability and proof of reserves as indicators of Binance’s operational stability and market confidence.

AI token spending has more than doubled since May 2026, even as average AI inference token prices fell 67%, according to a16z data published on 31 October. Estimates put the increase in total spending at 122% to 160%. The growth is linked to AI agents, which use nearly five times as many tokens as human users. Agent token usage has risen about 14-fold since February, suggesting more automated, multi-step workloads are driving demand. The trend reflects the Jevons paradox: lower costs can encourage enough additional use to raise total spending. However, compute costs are also rising. Nvidia B300 rental prices climbed 106% since mid-July, while B200 prices rose 66%. This squeeze between falling token prices and more expensive GPUs could pressure AI inference providers, while benefiting GPU owners and cloud operators. A relatively small group of heavy users also accounts for a significant share of spending, making demand sensitive to their decisions.

J.P. Morgan Asset Management has included Bitcoin in its long-term capital market outlook for the first time. Its 2027 Long-Term Capital Market Assumptions, released on October 19, project annualised Bitcoin returns of 10% over the next 10 to 15 years. That forecast is above the bank’s estimates for private equity, US large-cap stocks and gold. The estimate is more cautious than Bitcoin’s roughly 62% annualised return over the past decade. A historical analysis cited in the earlier report found that Bitcoin holding periods of six years or longer, ending by October 22, 2026, outperformed the 10% forecast; past performance does not guarantee future results, and some five-year periods starting near the 2021 peak may have lagged. J.P. Morgan also assumes 55% annualised Bitcoin volatility and excludes the asset from its main portfolio covariance matrix, citing unstable correlations and uncertainty over its inflation-hedge role. The outlook gives institutional investors a reference point for long-term portfolio analysis, but it is not a return guarantee or a near-term trading signal.

Five Binance wallets sent 233.46 million XRP, worth about $296 million, to an attacker-controlled address between 20:05 and 20:09 UTC on Oct. 29, according to TRM Labs. The wallets retained only their required minimum XRP reserves. Investigators said the XRP transfers were the first in a wider breach that involved Binance-controlled wallets across multiple blockchains. Ripple froze $40.5 million in stolen RLUSD on Ethereum and restricted RLUSD in a compromised Binance wallet. The stolen XRP had not moved as of 5 a.m. UTC on Oct. 31; unlike RLUSD, XRP cannot be frozen by its issuer. Binance said its XRP and nine other listed crypto asset balances were fully backed. It reported that 90% of its assets had been replenished overall and set a Nov. 1 target to reopen withdrawals, subject to security checks. The exchange said it would publish a full proof of reserves for the ten assets by Nov. 3. The incident raises short-term concerns about exchange security and crypto market confidence, while Binance’s backing and recovery measures may help limit broader fallout.

Strategy Executive Chairman Michael Saylor says a new Bitcoin bull market began after the cryptocurrency bounced from its 200-week moving average in late June 2026. Bitcoin fell to just below $60,000 before recovering about $20,000, and traded between roughly $77,000 and $83,500 in late October. It remains about 34% below its October 2025 record near $126,000. Saylor points to bank lending against Bitcoin, tokenized securities, digital credit and a more favorable regulatory environment as potential sources of demand. He forecasts Bitcoin could reach $100,000 within a year and grow 20% to 30% annually over the next two decades. Restrictive monetary policy remains a risk to the Bitcoin bull market outlook. His view comes with a significant financial interest: Strategy holds about 845,000 to 848,250 BTC, roughly 4% of Bitcoin’s supply. Traders will be watching whether Bitcoin holds above its 200-week moving average and how monetary conditions evolve.

Chainalysis disclosed a cyberattack on October 30, 2026, in which an attacker accessed some customer records, including names, email addresses, user IDs and organizational role labels. The company attributed the intrusion to “offensive agentic techniques” but has not released technical details. Chainalysis said investigation records, transaction and query results, passwords, multi-factor authentication keys and session tokens were not accessed, based on its investigation so far. It has notified affected customers, engaged outside cybersecurity experts and is working to address vulnerabilities. The company also advised users to watch for suspicious password-reset requests and verification prompts, and to enable two-step verification. The exposed contact details could increase the risk of phishing and social-engineering attacks, but there is no reported cryptocurrency theft or exposure of investigation data.

BIT AM’s Bitcoin Fund ETF (BBIT) has received approval from Swiss regulator FINMA and is expected to list on the SIX Swiss Exchange in November 2026; an exact date has not been set. The fund invests directly and exclusively in Bitcoin under a rare regulatory exemption, with its holdings segregated from the management company’s assets. BIT describes it as Europe’s only available spot Bitcoin ETF, while the fund’s regulated investment structure differs from many European products issued as debt securities. The ETF is authorised for public sale in Switzerland. Banks and brokers elsewhere may be able to trade BBIT through SIX, but offering it to clients depends on local rules, and retail access may also await broker arrangements. The listing could widen institutional access to Bitcoin through established financial channels, but its near-term effect on BTC trading is likely limited. FINMA’s approval does not automatically apply to funds holding other cryptocurrencies.

The week of 2–8 November brings several events that could affect crypto markets. Binance says it aims to restore withdrawals by 1 November after security testing and plans to publish a full proof-of-reserves report on 2 November. Polymarket expects new markets to use its Protocol V2 from 2 November, while Initia plans to restart its network with a MoveVM security patch. Akash voters are due to decide whether to migrate the network from Cosmos to Solana; the proposal had about 98.29% support at the time of reporting. The US midterm elections begin on 3 November, with control of Congress at stake. Senators have also asked Kalshi and Polymarket to explain how they will prevent insider trading and market manipulation before election day. US October non-farm payrolls are due on 6 November, providing a key signal for interest-rate expectations and risk assets. Other developments include Zcash’s planned NU7 upgrade on 5 November, a potential XRPL fix activation from 4 November, and the phased wind-down of mETH Protocol’s cmETH rewards, with claims closing on 7 November. These dates and plans remain subject to change.

Troves said its xWBTC/WBTC vault was exploited on 31 October, with preliminary losses estimated at about 8.6 BTC. The incident was linked to an outdated rebalancing contract that retained permissions after being replaced. Troves said other vaults were not affected, but it revoked the contract’s permissions and paused the xWBTC/WBTC, xSTRK/STRK and xstrkBTC/strkBTC vaults as a precaution. The team is tracing funds and exploring recovery options. It has also offered the attacker a 1 WBTC white-hat bounty in return for the remaining funds. Troves plans to publish a post-mortem and a proposal for affected depositors.

Hyperbot data shows trader Machi Big Brother has closed his Bitcoin long positions and increased his 25x leveraged ETH long from 2,125 ETH to 2,925 ETH. The ETH long is now showing about $61,100 in unrealised profit. He has also cut his 10x leveraged HYPE long from 4,500 tokens to 4,200, leaving it with an unrealised loss of roughly $12,800. An earlier update put his overall portfolio return at 0.89%, but the latest figures detail the ETH and HYPE positions separately. These leveraged trades reflect one trader’s exposure and do not establish a broader market trend.

Nasdaq-listed Next Technology Holding’s board unanimously authorized management to sell or pledge the company’s entire disclosed holding of 5,833 Bitcoin (BTC). The vote took place on Friday, October 30, 2026. The resolution takes effect once it becomes binding. The announcement does not confirm that a Bitcoin sale has taken place, or specify when one might occur. The authorization could create a potential supply overhang, but its market impact will depend on whether the company proceeds with a sale or uses the Bitcoin as collateral.

The Tether-backed FASE Foundation is targeting cryptocurrency scams and aims to support stablecoin-related aid efforts. Named founding stakeholders include Anchorage Digital, Bybit, Chainalysis, Payward, Opera and the Solana Foundation. The article also references the United Nations Office on [the remainder of the source text is unavailable]. The FASE Foundation’s focus on scam prevention and stablecoin aid could support trust in digital-asset services, but the available report does not provide details on funding, programmes or timelines.

XRP faces short-term price pressure after falling more than 6.5% following the Binance hack and breaking below the $1.25 support level. The drop pushed the token back to mid-August levels and left short-term holders underwater. Institutional demand has moved in the opposite direction. Spot XRP ETFs recorded $8.43 million in net inflows on 29 October, their strongest single-day result since 25 September. Their combined holdings now represent 1.87% of XRP’s circulating supply. The inflows come amid improving XRP fundamentals. In Q3 2026, stablecoin supply on the XRP Ledger rose 25.2% to $1.03 billion, global XRP ETP inflows increased 39.6% to $355.3 million, and ETP assets under management reached $3.32 billion. Payment volume grew 4.3%, while tokenized real-world asset value climbed 29.2% to $498.7 million. XRP gained 43% in Q3 as institutional flows strengthened. The article also points to recent institutional developments, including BNY’s use of XRP in corporate payments, Standard Chartered’s XRP custody service and Ripple’s approval for Ripple Bank. Rising ETF demand and network activity could support a recovery, but the price breakdown and broader market weakness remain risks. A November rally is possible, but not confirmed.

Ethereum staking hit a record 43.8 million ETH in Q3 2026, or 35.9% of supply, with net inflows of 1.99 million ETH for a sixth consecutive quarter. Yet the average gross annualized Ethereum staking yield fell to 2.63% from 2.81%. Solana staking also expanded, reaching 440.5 million SOL, while its gross yield declined from 6.38% to about 6%. New token issuance accounted for more than 96% of Ethereum staking rewards and nearly 90% of Solana rewards; reported yields exclude provider fees. The later report adds that Ethereum transaction activity rose 35.3% year on year, but daily fee and transaction-ordering revenue fell 40.2% quarter on quarter to 198 ETH. Institutional interest is growing, including through staking ETFs and digital-asset treasuries. However, Ethereum’s potentially weeks-long unstaking period can conflict with funds’ need to meet redemptions quickly. European products reportedly stake 50% to 60% of their holdings on average. Liquid staking tokens and tradable products may help address liquidity needs, but fees, market liquidity and token prices remain risks for traders.

Bitcoin (BTC) recorded an average kimchi premium of 0.97% across South Korea’s four major cryptocurrency exchanges on Saturday. The premium measures the difference between Bitcoin prices quoted in Korean won and the global dollar price. The reading indicates that local won demand remained slightly stronger, even as global markets were recovering from a losing week. The modest Bitcoin kimchi premium offers a snapshot of regional demand, but the article provides no further data on exchange-level figures or broader market flows.

Ethereum outperformed Bitcoin in the 24 hours to 02:07 UTC on Sunday, November 1, 2026. Ethereum (ETH) rose 1.28% to $2,273, while Bitcoin (BTC) gained 0.51%. The figures show stronger short-term performance for Ethereum, but the report provides no broader market context or explanation for the move.

The ETH/BTC exchange rate rose 0.79% over 24 hours to 0.02921, as Ether outperformed Bitcoin. ETH was up 1.28% at $2,273, while BTC gained 0.51% to $77,816. The ETH/BTC move indicates stronger short-term performance for Ether, but does not by itself confirm a sustained trend. The total cryptocurrency market capitalisation increased 0.2% to $2.705 trillion, with 24-hour trading volume at $68.206 billion.

Binance says it has covered $6 billion in losses from a hack. The exchange had previously reported replenishing about 90% of affected assets, up from 80%. It also said BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are now backed by reserves at 100%. The update offers traders information on Binance’s recovery progress and reserve position, but the report does not provide further details about the attack or its effect on market prices.

The FBI has linked the reported $6.4 billion Binance hack to TraderTraitor, a North Korean hacking group associated with Lazarus. In a joint notice, US agencies flagged more than 600 Ethereum addresses, as well as Bitcoin and Solana addresses, and urged crypto firms and service providers to block transactions tied to the stolen funds. Authorities say the attackers have converted some assets to ether and are moving funds through DeFi services, cross-chain bridges and swap platforms. Chainalysis CEO Jonathan Levin warned that thousands of addresses may already be involved, with the network potentially expanding to tens of thousands. Stablecoin issuers have reportedly frozen more than $2.4 billion. Binance says it has replenished about 90% of affected assets and planned to resume withdrawals. The Binance hack investigation highlights ongoing laundering risks and exchange-security concerns, though the reported freezes and asset recovery may limit some losses.

The November 2026 Web3 calendar brings together macroeconomic releases, regulatory developments, token unlocks and major technology events. In the US, midterm elections and October jobs and CPI data are due, alongside the Federal Reserve’s meeting minutes and Beige Book. The SEC plans a crypto-focused roundtable, while Lighter intends to apply to the CFTC for a derivatives license. MSCI is set to begin a plan to exclude non-operating companies from its global investable market indexes. SUI and ENA are among tokens scheduled to unlock, which could add short-term volatility. Other events include Anthropic’s target IPO week of November 16, Apple’s quarterly results, TSMC’s October revenue report, and Binance’s planned upgrade to its stock-trading service. Strategy CFO Andrew Kang is set to leave, and Coinbase CEO stock-sale plans are due to enter execution. Devcon 8, Bitcoin Amsterdam, Solana Breakpoint, Binance Blockchain Week Asia and Nvidia’s GTC Washington event are also scheduled. The November 2026 Web3 calendar highlights several potential market catalysts, but the article does not report outcomes or predict price direction.

Chainalysis estimated that the Middle East and North Africa (MENA) received about $443.3 billion in cryptocurrency value from July 2025 to June 2026, down 1.4% year on year. The figures describe the study period, not October 2026 market activity. MENA crypto adoption varied sharply by country. The United Arab Emirates grew 32% to about $104.8 billion, while Türkiye remained the region’s largest market at roughly $144.5 billion. Chainalysis also reported a fivefold increase in domestic peer-to-peer stablecoin volume in Türkiye. Iranian crypto activity was interrupted during internet blackouts. The figures measure on-chain value received, not the number of users or everyday purchases. Exchange transfers, remittances and institutional activity can affect the totals, and estimates depend on attribution methods. The report points to different national trends, but does not by itself establish a lasting change in token demand or prices.