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The U.S. Commodity Futures Trading Commission (CFTC) reported that as of the week ending November 3, stock fund speculators reduced their net short positions in the CME S&P 500 Index by 27,501 contracts, to 345,246 contracts.

TeraWulf, a Bitcoin mining company listed on NASDAQ, announced its third-quarter financial report, revealing that its Bitcoin mining revenue dropped from $43.4 million in the same period last year to $13.2 million, a decrease of approximately 69%. During the same period, high-performance computing (HPC) leasing revenue reached $63 million, an increase of 774% compared to $7.2 million in the same period last year. Total revenue was $76.2 million, a year-on-year increase of 51%, with HPC leasing contributing 83%, compared to only 14% in the same period last year.The company's net profit attributable to shareholders for the third quarter was $709.9 million, which included a non-cash gain of $728.4 million from the fair value changes of warrants and derivative liabilities; operating losses widened from $24.7 million in the same period last year to $88.2 million, with adjusted EBITDA at negative $12.8 million. As of the end of the quarter, the company held approximately $2.4 billion in cash, cash equivalents, and restricted cash.TeraWulf previously signed a 20-year lease with Anthropic to provide approximately 401 megawatts of critical IT capacity for its Justified campus in Kentucky, with contract revenue of about $19 billion during the initial term. This week, the company announced it received credit backing from Google for project financing and signed an engineering, procurement, and construction agreement with Fluor Enterprises covering three data center buildings, with the first phase expected to be delivered by the end of 2027. As of September 30, its Lake Mariner campus in New York had already generated revenue from 102 megawatts of critical IT capacity, with an additional 336 megawatts under construction; the contracted power capacity at the Muskie campus in Kentucky has been increased from 500 megawatts to 1 gigawatt, pending regulatory approval.

According to Coinglass data, the total contract open interest for ETH has decreased by 7.13% in the past 24 hours, with the current total open interest at 28.155 billion USD. Among them, Binance's open interest is 8.573 billion USD, OKX's open interest is 1.829 billion USD, Bybit's open interest is 1.955 billion USD, and Gate's open interest is 1.785 billion USD.

Bitcoin mining company turned AI cloud computing service provider IREN announced its first quarter results for the fiscal year 2027 ending September 30, 2026, with total revenue increasing by 66% quarter-over-quarter to $228 million. Among this, AI cloud business revenue grew by 182% quarter-over-quarter to $200 million, with a gross margin of 86%; Bitcoin mining revenue fell from $67 million in the previous quarter to $28 million. The net loss for the quarter was $263 million, compared to $684 million in the previous quarter, with adjusted EBITDA at $66 million.The company's contract revenue backlog increased by 22% quarter-over-quarter to $20.3 billion, with contracts and funding support already secured for the annual recurring revenue target of over $4 billion. Due to customer design adjustments and supplier delivery timelines, the expected realization time has been postponed from the end of 2026 to January 2027, and it may extend to February. Additionally, after the end of the quarter, the company signed a five-year AI cloud service contract, priced at approximately $22 million per megawatt, with the customer prepaying 90% of the GPU capital expenditures.

According to Coinglass data, the total contract open interest for ETH has decreased by 6.68% in the past 24 hours, with the current total open interest at 28.157 billion USD. Among them, the open interest on Binance is 8.63 billion USD, OKX is 1.746 billion USD, Bybit is 1.949 billion USD, and Gate is 1.573 billion USD.

VanEck's Head of Digital Asset Research, Matthew Sigel, stated that the total supply of stablecoins decreased by $11.5 billion to $291.2 billion within 30 days, with Tether and Circle accounting for about three-quarters of the decline.

Zach Pandl, the head of research at Grayscale, published an analysis article pointing out that although the hacking attack on Binance on October 19 raised the security losses in the cryptocurrency industry to over $8 billion, a new high for 2026, the proportion of security losses relative to the total market value of cryptocurrencies has significantly decreased in the long term. Currently, Binance has covered 95% of the affected assets, and customers will not bear the losses.Stablecoin issuers like Tether and Circle have assisted in freezing approximately $2.9 billion of stolen funds, accounting for about 45% of the total stolen amount, which is expected to be returned to Binance. Zach Pandl believes that while this incident has temporarily impacted market confidence, it will ultimately drive all exchanges to establish stricter security practices, while also highlighting the importance of institutional-grade custody, prompting more U.S. investors to gain exposure to cryptocurrency assets through exchanges that offer protections such as segregated accounts, cold storage, multi-signature, and commercial insurance.

The on-chain data analysis platform Santiment stated that since Binance was hacked, the supply of ETH on the trading platform has decreased in two phases, but only one of these phases coincides with the timing of the hacker's fund transfer. Data shows that as of the close on October 28, the ETH held by the trading platform accounted for 3.56% of the total ETH supply; by the close on November 2, this ratio had dropped to 3.20%. More than half of the decline occurred on October 29, the day Binance was hacked.Data from TRM Labs shows that approximately 200,630 ETH was transferred out of Binance's hot wallet on October 29. However, the amount of ETH held by major trading platform addresses did not decrease on October 29; instead, it increased by about 39,000 ETH. Subsequently, from November 1 to November 2, as the platform reopened withdrawals, the holdings of related addresses decreased by about 313,000 ETH.From October 28 to the close on November 2, the ETH held by major trading platform addresses decreased by approximately 297,000 ETH, a decline of about 5.4%. Santiment stated that currently, based solely on trading platform data, it is not possible to determine where these ETH ultimately went, nor can it be judged whether they were transferred to cold wallets or moved to other trading platforms.

On November 2, the Japanese financial group SBI Holdings announced its financial report for the first half of the fiscal year ending March 2027 (from April to September 2026). During this period, the revenue from the cryptocurrency business was 23.083 billion yen, a year-on-year decrease of 30.1%. The business recorded a pre-tax loss of 1.595 billion yen, compared to a loss of 147 million yen in the same period last year, with losses further widening.The group's consolidated revenue increased by 17.2% year-on-year, reaching 10.575 trillion yen, setting a historical high for the first half of the year. Revenue from the cryptocurrency business accounted for about 2% of the group's total revenue. During this period, SBI continued to expand its trading infrastructure layout.

According to the latest rankings from QuestMobile, in September 2026, Alibaba's AI application Qianwen App reached 158 million monthly active users, a year-on-year increase of 5077%, ranking first in growth among apps with over 100 million monthly active users. In the domestic AI native app rankings, Qianwen ranks second, surpassing DeepSeek's 123 million, but still below the first place, Doubao, which has 419 million.This growth is related to Alibaba's large-scale promotion. In November last year, the Tongyi App was renamed to Qianwen. This Spring Festival, Alibaba announced an investment of 3 billion yuan to launch a free order campaign, allowing users to order milk tea and takeout through AI. The campaign link was widely shared in WeChat groups, and the system experienced delays due to increased traffic. QuestMobile data shows that on the first day of the campaign, Qianwen's daily active users rose from about 7.06 million to 58.48 million.The year-on-year growth of 5077% was also influenced by last year's low base. Based on year-on-year data, Qianwen's monthly active users were about 3.05 million in September last year. By March this year, Qianwen's monthly active users had reached 166 million, rising to 167 million in June, and then falling back to 158 million in September, a decrease of about 9 million compared to June, with a decline rate of approximately 5.4%.

CryptoQuant analyst CW8900 stated that the total market capitalization of stablecoins decreased from 270.3 billion dollars on October 1 to 263.4 billion dollars.

The public chain NEAR Protocol stated on X that its decentralized on-chain governance body, House of Stake, has voted to approve a proposal to reduce the annual maximum issuance rate of NEAR from 2.5% to 1.6%, to be implemented in phases over 24 months. Token holders adjusted this core parameter through public voting, and the new rate will take effect gradually per epoch according to the announced schedule.The proposal, numbered HSP-029, was put forward by Sal Ternullo from SVRN, and its forum status is approved. The proposal retains the original allocation ratio, with 90% going to staking participants and 10% entering the treasury, only adjusting the issuance cap parameter. Officials stated that the long-term issuance will decrease, and the supply schedule is available for verification.The subsequent process is as follows: the House of Stake Security Committee reviews the voting results before approval; after approval, there will be a grace period of about 90 days; the changes will only become binding after validators adopt them through protocol upgrades. Thereafter, the issuance rate will be gradually reduced each epoch, reaching 1.6% in the 24th month, and quarterly reports will track the actual issuance against the schedule.

According to DefiLlama data, Binance's 24-hour net outflow has decreased from an intraday high of about 7 billion dollars to about 3.5 billion dollars, a drop of over 50%. Meanwhile, the deposit-to-withdrawal ratio on the platform has rebounded from about 20% at the beginning of the event to about 78%.Currently, Binance's total assets are approximately 127.8 billion dollars, and various network withdrawal services are gradually resuming.

According to the data panel on the ChainCatcher official website, regarding BTC wallet balances, in the past 7 days, among the top 10 exchanges by balance, Binance had the largest decrease at 7.69%; Bybit had the largest increase at 8.5%.In terms of exchange asset transparency proof, in the past 7 days, the top three net outflows of reserve assets were Binance (-$6.53 billion), Deribit (-$257 million), and Bitfinex (-$66.36 million); the top three net inflows were OKX (+$527 million), Bitget (+$511 million), and Bybit (+$195 million).It is reported that last week Binance encountered a security incident, with approximately $6.3 billion in assets stolen, and about $3 billion has been frozen.

According to on-chain analyst Axel Adler Jr., as of November 1, the 30-day average of active Bitcoin addresses was 629,000, a decrease of 43% from the peak of 1.1 million in December 2024, currently about 10% below the annual average of 702,000.The same indicator in 2018 had dropped by 50% within three months, while the current decline has lasted nearly two years, at a relatively slow pace.

According to Coinglass monitoring, the balance of Bitcoin wallets on Binance has decreased for four consecutive days, reaching approximately 652,300 BTC today.On October 30, when Binance was hacked, its Bitcoin wallet balance was about 675,500 BTC, a reduction of approximately 23,200 BTC. Additionally, possibly influenced by Binance's opening of withdrawals, data shows that the balance of Bitcoin wallets on Binance decreased by about 15,894.17 BTC in the past 24 hours.

According to official data, in the 7 days ending October 29, Circle issued approximately 10.9 billion USDC, redeemed about 11.7 billion USDC, and the circulation decreased by approximately 800 million.The total circulation of USDC is 70 billion, with reserves of about 71.4 billion USD, including overnight reverse repurchase agreements of approximately 32.9 billion USD; government bonds with maturities of less than 3 months of about 27.5 billion USD; deposits from systemically important institutions of about 10.4 billion USD; and other bank deposits of about 600 million USD.

According to Coinglass data, the total contract open interest for ETH has decreased by 5.8% in the past 24 hours, with the current total open interest at 28.434 billion USD. Among them, Binance's open interest is 8.381 billion USD, OKX's open interest is 1.748 billion USD, Bybit's open interest is 2.092 billion USD, and Gate's open interest is 1.558 billion USD.

According to the RootData Launchpad rankings, Pons launched 2015 memes in the last 24 hours, an increase of 35.69% compared to the previous day's 1485, with 20 graduating, a 100.00% increase from the previous day's 10.During the same period, Four.Meme launched 1879, a decrease of 28.15% from the previous day, with 1 graduating, a 50.00% decrease from the previous day's 2; Flap launched 7936, a decrease of 2.39%, with 33 graduating, a decrease of 8.33%.

CryptoQuant analyst Axel Adler Jr.'s latest report indicates that the rolling distribution volume of Bitcoin long-term holders (LTH) has decreased by 22% in the past week, showing that the potential selling pressure from long-term holders has eased.However, despite Bitcoin's price remaining above the average cost basis of long-term holders, their unrealized profit margin continues to narrow. Adler points out that the distribution activity of long-term holders has weakened, but the shrinking profit buffer is still worth noting.