Bitcoin futures are trading at a 5.8% premium to spot prices, a metric that has been improving over the past 90 days, signaling a strong recovery in the derivatives market. (Bitcoin Archive)
BTC fell below $77,000, ETH fell below $2,250, XRP fell below $1.25, and SOL fell below $95. In the past 60 minutes, over $100 million in long positions in the cryptocurrency market have been liquidated. (Watcher.Guru)
Binance founder CZ stated that the losses from the theft were covered by Binance's own balance sheet, and Binance did not borrow, sell assets, or raise funds. Binance co-CEO He Yi stated that Binance needed to exchange some stablecoins and Bitcoin for related altcoins, and there was no funding shortfall.
November 3rd marks the official voting day for the US midterm elections. As of October 31st local time, 50 million people had already cast their ballots early. The election results will assess the Trump administration's performance and influence the balance of power in Congress. (Source: CCTV International News)
