✔️ Kraken has launched a new desktop trading application.

Kraken Desktop allows users to "track the market in real-time and customize the interface using technical analysis tools."

⚠️ The Chinese giant Huawei has integrated the digital yuan (CBDC) into its HarmonyOS NEXT operating system, which is used by over 1 billion people.

🌐 Eastern Europe continues to strengthen its position in the global crypto market.

1️⃣ From July 2023 to June 2024, the region received $500 billion in crypto, accounting for 11% of the total global transaction volume in the crypto industry.

2️⃣ CEX exchanges remain the primary channel for crypto inflow, making up nearly $324 billion of the volume, while DeFi accounts for $165.5 billion.

3️⃣ Ukraine and Russia show high levels of cryptocurrency adoption, ranking 6th and 7th globally, respectively.

⛔️ The UAE-based crypto exchange M2 has suffered a hack resulting in a loss of $13.7 million.

The exchange reported that the incident has been resolved and client funds have been restored. It absorbed the losses, and all services are operating normally.

"DePIN network XYO has migrated its token to Solana ✔️

The decentralized physical infrastructure network (DePIN) XYO has shifted from Ethereum to Solana, citing the high throughput, low transaction fees, and scalability of the Layer 1 network.

The XYO token is now available on both Solana and Ethereum, providing broader cross-network access and flexibility.

🔗 DePIN refers to blockchain protocols aimed at decentralizing real-world infrastructure and systems, including communication networks, data storage, energy markets, and more."

💵 SafePal launched a crypto wallet on Telegram with Visa support.

The SafePal crypto wallet announced the launch of the Telegram crypto wallet.

It integrates CeDeFi features and supports crypto transactions via digital Visa cards."

🔍 SpotOnChain also reminds us that, historically, true rallies have started right after elections.

The company’s analysts believe that, regardless of whether Trump or Harris becomes the next president, BTC will continue its growth and potentially reach $100,000 this year.

✔️ Upcoming unlocks this week include SOL, AVAX, ADA, SEI, SUI, and others.

🔥 In many ways, a defining week awaits the crypto market:

◽️ Tomorrow, November 5, the U.S. elections will take place, with results expected around November 6. Current data on Polymarket shows Kamala Harris regaining ground, although Donald Trump still leads with a 56% to 44% advantage. The total trading volume on this event has surpassed $3 billion.

◽️ On November 7, the Federal Reserve’s decision on the key interest rate is expected. With a 99.9% probability, the market anticipates a 25 basis point reduction.

💸 Time to revisit the predictions of various thought leaders.

Here they are: Kiyosaki, Brandt, Draper, Hayes, Plan B, Novogratz, Wood, Saylor, Winklevoss.

💵 Tether will not be launching its own blockchain.

Tether's CEO, Paolo Ardoino, stated that the company currently has no plans to launch a proprietary blockchain.

He noted that several Layer 2 solutions are exploring the possibility of using USDT as a gas payment option.

✔️ Cryptocurrency companies, including Robinhood, Kraken, and Paxos, are launching a “global stablecoin network” aimed at accelerating the adoption of stablecoins worldwide and promoting new use cases for their own stablecoin, USDG.

📊 It’s reported online that 215 crypto supporters were elected to the U.S. House of Representatives, versus 105 opponents.

In the Senate, 14 crypto advocates were elected, compared to 9 critics of digital assets.

💸 The United States could purchase up to 5% of Bitcoin's total supply if a national BTC reserve is established — CoinShares

If a strategic national Bitcoin reserve is created by the Trump administration, U.S. authorities could acquire up to 5% of the total supply of the first cryptocurrency, according to CoinShares.

Experts say that the adoption of such a law would bring substantial benefits to the industry.

🇫🇷 The French gambling regulator (ANJ) plans to ban the decentralized betting platform Polymarket for users in France — all because of an anonymous local user who earned "tens of millions of dollars" betting on Trump's victory.

⚠️ FTX Co-Founder Develops a 'Crypto Fraud Detector'

Former FTX CTO Gary Wang is developing a tool for the U.S. government aimed at detecting illegal activity on cryptocurrency exchanges.

Additionally, he has requested that the court not impose a prison sentence, as he was a key witness whose testimony helped convict Sam Bankman-Fried, and his role in the FTX fraud was minimal.

Wang’s sentencing is scheduled for November 20.