Crypto Markets React to Institutional Moves

Trump promotes China cooperation while Strategy buys 397 BTC. Ripple expands in the U.S. as Balancer hack hits $120M.
Evening-News
Trump: “Getting Along with China Makes America Better”

Trump: Getting Along with China is Better than Conflict

In an interview with CBS, US President Donald Trump emphasized that cooperation with China is in the US’s interest. Trump reiterated the importance of reconciliation between the two countries, saying, “Getting along with China makes America better.” The White House released an official timeline for the implementation of the economic and trade agreement. Treasury Secretary Scott Bessent also stated that the US has “no intention of severing ties” with China.

Strategy Buys 397 More BTC – $45.6 Million Investment

According to market sources, Strategy (formerly MicroStrategy) purchased 397 Bitcoins at an average price of $114,771 between October 27 and November 2. The total investment amounted to $45.6 million. This purchase indicates that the company views falling prices as an opportunity and is continuing its reserve strategy.

Fed Board Interest Rate Messages: “Reduction Approaching, But Gradual”

Mian: Stating that the neutral interest rate is below the current level, he said that prolonged tight policy could increase the risk of an economic downturn.

Mester: Stated that the neutral interest rate could be reached in 50-basis-point increments, but that “a 75-basis-point cut is not necessary because there is no deterioration in the economy.” She indicated she could vote again in December.

Goldman Sachs: Government Shutdown Could Have Most Severe Economic Impact in History

Goldman Sachs economist Alec Phillips warned that a potential U.S. government shutdown could cause even greater economic damage than the 35-day shutdown in 2018-2019. A six-week shutdown could reduce fourth-quarter GDP growth by 1.15 percentage points, and the recovery could be delayed until early 2026.

BlackRock IBIT Transfers 1,198 BTC and 15,121 ETH to Coinbase

According to on-chain data, BlackRock’s IBIT ETF transferred 1,198 BTC worth $129 million and 15,121 ETH worth $56 million to Coinbase. This move is interpreted as an ETF rebalancing or institutional investor entry.

Ripple Launches Digital Asset Spot Brokerage Service in the US

Ripple has launched its spot digital asset brokerage platform (Ripple Prime) for institutional investors in the US. The platform supports OTC spot trading of XRP, RLUSD, and other major assets. Integrated following the Hidden Road acquisition, the system enables cross-collateralization between FX, derivatives, fixed-income products, and digital assets.

BNB Chain Fermi Hardfork Update Released

BNB Chain has officially launched the Fermi Hardfork update. The update aims to increase transaction speed by 40% by reducing the block time from 750 ms to 450 ms.

TON Strategy Receives Warning from Nasdaq

TON Strategy received a warning letter from Nasdaq for violating shareholder approval requirements. The company is not scheduled to be delisted, but is expected to strengthen its compliance process.

Chainlink and FTSE Russell Partnership: Global Indices Move to Blockchain

Chainlink has partnered with FTSE Russell to publish index data such as Russell 1000, Russell 2000, and FTSE 100 on-chain via DataLink. This partnership will significantly expand on-chain access to institutional financial data.

Balancer V2 Attack: $120 Million Loss

BlockSec announced that over $120 million was lost in an attack on Balancer V2 and its forks, resulting from the manipulation of the stable pool constant. Attackers exploited precision scaling vulnerabilities in price calculations to gain arbitrage profits.

Animoca Brands to Go Public in 2026

Animoca Brands plans to complete its reverse merger with Currency Group in 2026. This move symbolizes the company’s return to the public market after being delisted from the ASX.

Time Magazine: Crypto and Blockchain Among the Top 300 Inventions of 2025

Time magazine included cryptocurrency and blockchain technologies in its list of the “Top 300 Inventions” for 2025. The list highlighted transformative impacts in financial infrastructure, security, and digital property.

JPMorgan: Different Stablecoin Regulations Are Hindering Global Payments

JPMorgan President Daniel Pinto said in a speech at the Hong Kong Women Leaders Summit that cross-border payments could be restricted if there is no harmonization between regional stablecoin regulations.

CryptoQuant: KOSPI Hits Record High as Volume Falls on Korean Exchanges

CryptoQuant CEO Ki Young Ju reported that the KOSPI index reached an all-time high, but trading volume on Korean crypto exchanges fell to its lowest point of the year.

CZ: Giggle Token is Not the Official Giggle Academy Token

CZ clarified that the $GIGGLE token was not officially issued by Giggle Academy and urged investors to be cautious.

The Smarter Web Company Raises $360,000

UK-based Bitcoin asset management firm The Smarter Web Company (SWC) has launched a $360,000 investment round. The funds will be used to expand Bitcoin-based investment products.

CZ’s Comment on Aster:

CZ responded to an investor who opened a 3x short position during the $ASTER price increase, saying, “This is a decentralized world, everyone can go long or short.”

StarkWare Integrates New Verifier into Starknet Mainnet

StarkWare has integrated a new open-source verifier called S-two into the Starknet mainnet. This update will accelerate validity proofs per block, increasing transaction efficiency and reducing verification costs.

 

⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk. Always do your own research before making decisions. Darkex is not liable for any financial losses.
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