Odaily Report: A survey shows that if Republicans retain both chambers of Congress, the median Bitcoin year-end price forecast is $90,800; if Democrats win both chambers, the median forecast is $76,450; if the two parties split control of the Senate and House, the forecast is $84,100.

Analysts believe that Democratic control of both chambers could make it difficult for the CLARITY Act to pass over the next two years; Republicans retaining both chambers would be more conducive to advancing crypto policy, but a limited Senate majority could still lead to legislative gridlock. In the short term, Bitcoin's support range is $76,000 to $76,600, with resistance at $79,500 to $80,500; if it breaks below support, the market will focus on the 50-week moving average at around $75,700 and the 200-day moving average at around $73,100.

Odaily reports that Bitcoin mining company turned data center developer Cipher Digital announced a Q3 net profit of $31.6 million, with revenue down 63% year-over-year. Its Q3 revenue fell to $26.7 million from $71.7 million in the same period last year, of which Bitcoin mining revenue was $20.8 million, down 71% year-over-year.

Cipher Digital shifted its computing power from mining to leasing data centers to AI companies. The first phase of its Black Pearl data center in Texas began operations in August, and this business generated $5.9 million in revenue for the first time. The company posted an operating loss of $71.9 million for the quarter, wider than the $37.6 million loss in the same period last year; adjusted EBITDA swung from a profit of $40.8 million to a loss of $10 million.

Odaily report: According to Odaily monitoring, a certain address increased its BTC short position by approximately $6.45 million, currently holding 84.08833 BTC, valued at approximately $6.45 million. Its contract account has accumulated losses of approximately $38.2 million. During the operation window, it first opened a BTC long position of approximately $6.88 million, then closed it, and subsequently established a BTC short position of approximately $6.45 million.

Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925; Total P&L: loss of approximately $38.2 million

Odaily reports that Arthur Hayes posted on X that the FLOP devnet is now open to developers, who can obtain test FLOP, view blocks, and call verified inference services through a proxy. Devnet tokens have no value and do not generate rewards or airdrop weight; the chain may be reset, and there is currently no FLOP token.

Odaily report: According to Odaily monitoring, a certain address's contract account has accumulated losses of approximately $38.19 million. It reduced its BTC short position by approximately $7.68 million, with a closing amount of approximately $7.68 million at an average execution price of $76,804; it currently holds no BTC position.

Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925; Total P&L: loss of approximately $38.19 million

Odaily reports that Hyperliquid co-founder Jeff Yan stated in an interview that the key to the platform entering the US market lies in independent operating entities conducting business on top of the protocol completing regulatory compliance. Hyperliquid's HIP-3 upgrade supports third-party deployment of derivatives markets for assets such as stocks, gold, and crude oil, and the ecosystem project Trade.xyz has surpassed $500 billion in cumulative trading volume. Intercontinental Exchange (ICE) has invested in Trade.xyz to help bring related products into the US market. Yan is also bullish on the future growth potential of real-world asset tokenization (RWA).

Odaily reports: According to monitoring by ZachXBT, the European institution previously suspected of being hacked has been found to have over $27 million in anomalous withdrawals from centralized trading platforms, bringing the total funds involved in the incident to over $133 million. Some platform withdrawals occurred after its initial disclosure of the incident. ZachXBT offered a speculation yet to be confirmed, stating that the incident may involve an attack on a large financial institution located in Western Europe, and the related situation may currently be being covered up. He also stated that due to the absence of proper incident disclosure, over $30 million has already been transferred and laundered, and EU law enforcement agencies might originally have had the opportunity to freeze these funds.

Odaily: According to Yonhap, SK Group Chairman and Korea Chamber of Commerce and Industry Chairman Chey Tae-won proposed that South Korea and Japan should create at least $1 trillion in synergies through economic cooperation in areas such as AI and semiconductors, as well as joint cost reduction.

Odaily Report: South Korean President Lee Jae-myung mentioned at a State Council meeting on November 3 the recent multibillion-dollar crypto asset theft incident suffered by Binance, and called for the establishment of a cross-government cybersecurity coordination agency to oversee security protection efforts across both the public and private sectors. Lee Jae-myung stated that AI is making hacker attack techniques increasingly sophisticated, and the existing security system, which focuses primarily on post-incident inspection and response, has shown its limitations, making it necessary to establish proactive prevention mechanisms. South Korea's National Intelligence Service has currently launched emergency security inspections of more than 2,100 central and local government departments and public institutions.

According to Gate data, SK Hynix has dropped 5.3% over the past 24 hours and is currently trading at 1040.14 USDT.

Odaily reports: According to Gate data, Brent crude oil (XBRUSD) briefly rebounded to $110/barrel, currently at $110.00/barrel, with a 24-hour decline of 3.7%.

Odaily: According to market data, MiniMax has fallen 8.0% over the past 24 hours and is currently trading at 19.89 USDT.

Odaily: According to on-chain monitoring, the Mercado Bitcoin hacker transferred $8 million worth of ETH to a new wallet and may be preparing to deposit it into Tornado Cash. Currently, the hacker holds $46 million in crypto assets.

According to market data, Zhongji Innolight has dropped 11.1% over the past 24 hours and is currently trading at 79.78 USDT.

According to market data, Zhipu has fallen 9.1% over the past 24 hours and is currently trading at 55.91 USDT.

Odaily reports that on November 3, gold and silver prices rose in tandem. According to CoinGlass data, gold (XAU) is currently trading at approximately $3,956.01, up 0.99%; silver (XAG) is currently trading at approximately $50.42, up 0.74%. Trading in the precious metals derivatives market was active. On the Gate platform, XAU futures trading volume reached approximately $641 million, ranking second among global centralized exchanges, with open interest of approximately $308 million, ranking third globally; XAG futures trading volume reached approximately $249 million, with open interest of approximately $142 million, both metrics ranking third among global centralized exchanges.

Gate offers perpetual futures and CFD contracts for metals including gold, silver, and platinum, supporting 24/7 trading and USDT settlement. Its unified account system allows users to allocate assets across stocks, metals, forex, indices, and commodities.