[Democrats seen gaining Senate seats and taking House in U.S. midterms]

Democrats were increasingly likely to secure an edge in both the Senate and the House in the U.S. midterm elections, CNN reported. Democrats had won 50 Senate seats, while Republicans secured 37, leaving Democrats with a net gain of five seats from the previous makeup.

Democrats were also leading in the House. Of the 234 seats decided as of the report, Democrats won 141, ahead of the Republicans' 93. If Democrats secure majorities in both chambers, the party would regain control of Congress for the first time in four years.

President Donald Trump said he would accept the midterm election results and was willing to work with Democrats.
https://coinness.com/en/news/1174281

[Crypto critic Sherrod Brown wins Ohio Senate race]

Democratic candidate Sherrod Brown, who has taken a critical stance on cryptocurrencies, defeated incumbent Republican Sen. Jon Husted in Ohio’s U.S. Senate race, Cointelegraph reported. Earlier, a crypto super PAC had spent about $63 million to unseat Brown, including $56 million from Fairshake, but failed to block Brown’s victory.
https://coinness.com/en/news/1174282

[Societe Generale completes $10M U.S. Treasury token collateral deal on Canton]

French banking giant Societe Generale said it completed a $10 million U.S. Treasury token collateral transaction on the Canton Network. The Treasurys were tokenized during the initial rollout of the Depository Trust & Clearing Corporation’s tokenization service.

The transaction demonstrated the feasibility of transferring Treasury tokens on-chain and linking them with traditional bank collateral management systems. Societe Generale previously issued its first U.S. bond token on the Canton Network in November 2025 and joined as a super validator in May this year. The bank is pursuing broader collateral management, finance and payment infrastructure using tokenized assets.
https://coinness.com/en/news/1174283

[Scallop adds XDC and XDC-based USDC for card top-ups and global payouts]

XDC Network said native XDC and USDC on the XDC Network can now be used across Scallop’s financial infrastructure, including for Scallop card top-ups, payouts to more than 70 markets worldwide, and payments through supported local QR payment networks.

The support comes after XDC Ventures made a strategic investment in Scallop. Scallop and XDC Network plan to explore agentic AI payments, ISO 20022-compatible messaging, and white-label financial applications.
https://coinness.com/en/news/1174284

[U.S. spot Bitcoin ETFs see $115.6M in net outflows]

U.S. spot Bitcoin ETFs recorded $115.6 million in net outflows on Nov. 3, according to Farside Investors. The funds posted net outflows for a third straight trading day.
- BlackRock IBIT: -$95 million
- Fidelity FBTC: +$6.8 million
- Bitwise BITB: +$21.9 million
- Morgan Stanley MSBT: +$3.3 million
- Grayscale Mini BTC: -$52.6 million
https://coinness.com/en/news/1174285

[U.S. spot Ether ETFs post $85.3M net outflow]

U.S. spot Ether ETFs recorded a net outflow of $85.3 million on Nov. 3, according to data compiled by Farside Investors. The outflow streak extended to seven consecutive trading days.
- BlackRock ETHA: -$74.4 million
- Grayscale Mini ETH: -$10.9 million
https://coinness.com/en/news/1174286

[Mercado Bitcoin hacker moves $11.5M in altcoins ahead of sell-off]

The hacker behind the attack on Brazilian exchange Mercado Bitcoin has so far distributed $11.45 million worth of altcoins across multiple wallet addresses in preparation for a sale, Arkham reported. Mercado Bitcoin previously said it would absorb the losses from the hack on Nov. 2, which totaled $40 million.
https://coinness.com/en/news/1174287

[XRP wallets holding over 1 million tokens rise to this year’s highest]

The number of wallets holding more than 1 million XRP rose by 28 over the past 10 days to 2,147, the highest level this year, according to on-chain analytics firm Santiment.
https://coinness.com/en/news/1174288

[BTC rises above $78,000]

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,028 on the Binance USDT market.
https://coinness.com/en/news/1174289

[Ethereum Foundation researcher targets end-2028 quantum-resistant transition]

Ethereum Foundation researcher Justin Drake said he aims to complete Ethereum’s transition to quantum resistance and a post-AI architecture by the end of 2028, Cointelegraph reported. The target is one year earlier than the timeline for achieving quantum resistance set out in the foundation’s existing roadmap.

At Devcon 8 in Mumbai, India, Drake outlined a plan to complete the transition through three additional network upgrades over the next 24 months. The plan does not amount to an official roadmap change, however, and the foundation is set to review the existing schedule in January 2027.
https://coinness.com/en/news/1174290

[Flap to introduce direct token launches in DEX liquidity pools]

Crypto platform Flap said it plans to introduce a "pool launch" feature that will let users launch tokens directly in DEX liquidity pools without going through a bonding curve.

Developers will be able to set initial liquidity directly and use a vault feature to determine how separately allocated token supplies and trading fees are distributed. Flap said the feature is intended to increase flexibility in token launches and trading structures.
https://coinness.com/en/news/1174291

[Anonymous whale moves $83.4M in BTC to new address]

An anonymous whale transferred 1,073.49 BTC, worth about $83.39 million, to a new address, according to Onchain Lens. The BTC was withdrawn from BTC Markets about three months ago.
https://coinness.com/en/news/1174292

[Coinone places EVER on delisting watchlist]

South Korean exchange Coinone announced it has placed Everscale (EVER) on a delisting watchlist. The exchange said the designation followed confirmation that core services had been suspended after a key infrastructure operator announced an end to infrastructure support through the project’s official community.
https://coinness.com/en/news/1174293

[Pump.fun adds support for NEAR-based token trading]

Pump.fun, a Solana-based memecoin issuance and trading platform, said on its official X account it now supports NEAR. Users can trade tokens in the NEAR Protocol ecosystem within the Pump.fun app without bridging.
https://coinness.com/en/news/1174294

[Solana-based stock token volume hits $657M, highest since September]

Daily trading volume for Solana-based stock tokens reached $657 million on Nov. 2, the Solana Foundation said. It was the largest amount since September. Of the total, $598 million was traded through Backpack.
https://coinness.com/en/news/1174295

[MEXC ranks 2nd in Q3 crypto perp volume, says user asset safeguards strengthened]

Crypto exchange MEXC ranked second among all exchanges in third-quarter perpetual futures trading volume with a 17.43% market share, according to a TokenInsight report.

The report showed MEXC ranked fourth in total third-quarter trading volume at $1.069 trillion, with an 8.91% market share. Its market share increase from the previous quarter was 0.38 percentage points, the third largest among major exchanges. By product, MEXC ranked second in trading volume for perpetual futures tied to gold, silver, Brent crude, copper and platinum. In stock perpetual futures, Nvidia (NVDA) ranked second by trading volume.

MEXC said it is also strengthening user asset protection as trading in volatile traditional assets increases. Meanwhile, an October Proof of Reserves report released by MEXC with blockchain security auditor Hacken showed major cryptocurrencies remained overcollateralized. Reserve ratios stood at 294% for BTC, 122% for USDT and 111% for ETH, all above user deposited assets. Its Guardian Fund for user protection currently holds 100 million USDT and more than 2,000 BTC.
https://coinness.com/en/news/1174296

[Mercado Bitcoin hacker selling $1.1M in VIRTUAL]

A hacker behind the attack on Brazilian exchange Mercado Bitcoin transferred 190,000 VIRTUAL worth $1.14 million to a new address and has been selling the tokens in batches of 30,000 to 40,000 VIRTUAL through MetaMask, Onchain Lens reported.
https://coinness.com/en/news/1174297

[BTC rebound puts focus on $82.6K resistance]

Bitcoin could rise to its next resistance level at $82,600 after rebounding from around $75,700, according to Jack Yi, founder of crypto investment firm LD Capital.

Yi said BTC had remained in a downward correction for about 40 days since Sept. 22 before reaching a descending trend line near $75,700 and rebounding quickly. Yi expects the price to climb toward $82,600, the upper end of the channel. With the U.S. macro environment acting as the market’s main variable, Yi said investors should assess the next directional move only after confirming whether this correction has ended and whether BTC breaks above the $82,600 resistance level.
https://coinness.com/en/news/1174298

[Bitcoin sentiment deteriorates sharply in two weeks]

Bitcoin investor sentiment has deteriorated sharply amid uncertainty over the U.S. midterm elections and the fallout from the Binance hack, according to on-chain analytics firm Santiment.

In a post on X, Santiment said bullish commentary on BTC was 1.8 times bearish commentary on Oct. 20, but that ratio fell to 0.37 immediately after the Binance hack. Sentiment then recovered briefly, but has since slipped again to 0.51. Santiment said the U.S. midterm election outcome is heightening anxiety among retail investors, while a recovery in BTC to $79,000 amid prevailing market pessimism could signal a price rebound moving against broader sentiment.
https://coinness.com/en/news/1174299

[Jump Crypto transfers $15M in USD1 to BitGo]

Jump Crypto transferred $15 million in USD1 to BitGo in two transactions over the past hour, according to Onchain Lens. The transferred funds were later moved to BitGo’s hot wallet.
https://coinness.com/en/news/1174300

[Democrats win both chambers of Congress, likely reshaping crypto legislation]

The Defiant said the U.S. Democratic Party’s midterm election victory has given it control of both chambers of Congress, making an impact on crypto-related policy under the Trump administration unavoidable. The outlet said leadership of the House Financial Services Committee and the House Agriculture Committee, which have handled the CLARITY Act, will shift to Democrats, likely giving the party greater influence over future legislation and oversight of the president’s crypto-related business activities.

It added that the CLARITY Act remains pending before the full Senate, and even if Democrats gain influence over the Senate schedule, the threshold needed to invoke cloture remains unchanged. If the bill does not pass during the current congressional term, it will have to be reintroduced and move through the process again from the beginning.
https://coinness.com/en/news/1174301