XRP: Analysts expect ETF early capital inflows to exceed $1 billion

[Canaan Plans to Raise $72 Million to Expand North American Data Centers and Mining Machine Capacity] Cryptocurrency mining machine manufacturer Canaan (NASDAQ: CAN) announced that it will issue approximately 63.66 million American Depositary Shares (ADS) to specific investors through a registered direct offering at a price of $1.131 per share, with a total fundraising amount of approximately $72 million. The offering is expected to be completed on November 6, 2025. The funds will be used for the acquisition and construction of North American data centers, expansion of Bitcoin mining machine capacity, support for digital mining farm deployment and mining machine sales, as well as research and development and other corporate purposes.

Binance DCR is currently priced at $45.46, with a 24-hour increase of 118.45%. 24-hour transaction volume of 100 million US dollars, an increase of 948.6%, for reference only

[U.S. Sanctions North Korean Bankers, Accusing Them of Laundering Stolen Crypto Assets] The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against multiple bankers and related entities, accusing them of participating in laundering money for North Korea and transferring crypto assets obtained through cybercrime to fund its nuclear weapons program. The Treasury stated that North Korea has stolen over $3 billion in digital assets over the past three years, ranking first globally in scale. Those sanctioned include North Korean bankers Jang Kuk Chol and Ho Jong Son, who manage approximately $5.3 million in cryptocurrency funds. North Korea relies on bank representatives, shell companies, and networks of financial institutions in its own country and places like Russia to launder money and evade sanctions.

[James Wynn's BTC Short Position Gains $50,000] According to Arkham data monitoring, investor James Wynn established a short position when BTC's price reached $116,000. The current position size is $687,000, with an unrealized profit of $50,000. The liquidation price for this position is $111,350.

[Today, U.S. Bitcoin and Ethereum ETFs saw net outflows of 1,723 BTC and 38,833 ETH respectively] According to monitoring by Lookonchain, today 10 U.S. Bitcoin ETFs experienced a net outflow of 1,723 BTC, valued at approximately $180.02 million; 9 Ethereum ETFs saw a net outflow of 38,833 ETH, valued at approximately $138.25 million.