BlackRock deposited 47463 ETH worth $140 million into Coinbase. （Onchain Lens）

Bitcoin and ether extended losses alongside weak equities, while oversold signals offered a tentative glimmer of hope for battered altcoins. What to know : Bitcoin fell 4% to $86,100, ether slid 6.7% to below $3,000. Crypto is tracking equities lower as concerns the AI bubble may collapse and weak U.S. jobs expectations hit the Nasdaq. Tokens like XRP, SOL and ADA are nearing key support levels, raising the chances of a short-term bounce.

[Musk May Represent the Republican Party in the 2026 Midterm Elections] Musk may represent the Republican Party in the 2026 midterm elections, as he has already begun funding Republican campaigns for the House and Senate in the 2026 midterms. This indicates that Musk's relationship with President Trump, which had fractured earlier this year, has thawed. During a dispute with Trump this summer, Musk had threatened to form a third party called the 'American Party,' but he has now firmly returned to the Republican camp.

[Singapore Digital Trade Platform Olea Completes $30 Million Series A Financing] Singapore digital trade platform Olea has completed a $30 million Series A financing round, with investors including Banco Bilbao Vizcaya Argentaria (BBVA), XDC Network, theDOCK, and SC Ventures under Standard Chartered Bank. The funds from this round will be used to accelerate the deployment of AI and Web3 solutions in high-growth markets, as well as to enhance products such as embedded finance and risk analysis. Since its establishment in 2022, the Olea platform has obtained a CMS license from the Monetary Authority of Singapore (MAS), providing over $3 billion in financing to more than 1,000 enterprises across 70+ trade corridors.

CryptoQuant analyst @ IT_Tech-PL pointed out that long-term Bitcoin holders are once again selling during the strong market period, and the surge in 30 day LTH distribution is one of the largest in the past 5 years. This phenomenon usually occurs near the macroscopic top rather than the bottom. （CryptoQuant）