California Democrat Ro Khanna to Introduce Legislation Banning Presidents and Elected Officials from Cryptocurrency Ownership

The combined net inflows for spot Bitcoin ETFs totaled approximately $149.3 million yesterday, while Ethereum ETFs saw approximately $133.9 million in net inflows.

Lighter: An unusual event occurred in the #HYPE market yesterday driven by a high-volume bot. No liquidations or adverse effects were reported. The spike disrupted chart scaling and was subsequently removed.

The co-founder of F2Pool criticized BIP-444, describing it as a poor choice aimed at reversing a recent update to the OP_RETURN function. He stated that the firm will not be implementing a soft fork and questioned whether this is a temporary development. He also expressed concern over some developers moving in the wrong direction.

Lighter has experienced higher daily trading volumes over the past three days compared to Aster (#ASTER) and Hyperliquid (#HYPE), despite maintaining lower open interest than both. As of October 26, Lighter’s open interest stood at $1.7 billion, with daily trading volume reaching $8.6 billion.

Lighter's daily trading volume has surpassed that of Aster (#ASTER) and Hyperliquid (#HYPE) over the past three days, despite maintaining lower open interest than both. As of October 26, Lighter reported an open interest of $1.7 billion and a daily trading volume of $8.6 billion.

Ark Invest acquires $31 million in Block Inc. shares. theblock.com

Keith (0xf625aAbf0C9f527697Ff2D99B30dd794cfD76b93) has established a new wallet (0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2), transferring $5.06 million in USDC to it. The move aims to open a 10x short position on 3,464 ETH, valued at approximately $14.3 million. Previously, 0xf625 executed a short on ETH, which was automatically closed during the market downturn on October 11, resulting in an $8.3 million profit.

Leading decentralized exchanges by trading volume growth over the past 30 days.

Elon Musk unveils Grokipedia, an AI-driven encyclopedia designed to compete with Wikipedia. cointelegraph

Elon Musk launches Grokipedia, an AI-driven encyclopedia positioned as an alternative to Wikipedia. cointelegraph

Prenetics Global, listed on Nasdaq, has raised $48 million to expand its Bitcoin treasury holdings.

KERNEL Digital Asset Now Accessible in KRW Market on Upbit
upbit has announced the listing of KERNEL (USDT: 0.1655) on its platform.

Over the past 24 hours, approximately $326 million in contracts have been liquidated, consisting of roughly $218 million in long positions and $108 million in short positions.

MegaETH ICO participants exceeded the fundraising target by 8.9 times, securing $450 million in total commitments. cointelegraph

Leading GameFi Projects Without Their Own Token

Japan's Metaplanet has initiated a program to buy back 13% of its shares using a $500 million credit line. coindesk

Evernorth Holdings, supported by Ripple, has acquired $1 billion worth of XRP tokens to develop an XRP treasury. Cointelegraph

Kalshi, a prediction market platform, has initiated legal action against a New York regulator over the ban on sports betting contracts. coindesk

K33 Research reports that Bitcoin ETF inflows totaled $26.9 billion in 2023. BlackRock's IBIT accounted for $28.1 billion of the flows. Excluding BlackRock, Bitcoin ETF flows are in negative territory.

Circle begins testing the Arc blockchain in partnership with major institutions. coindesk