Odaily: According to Bitcoin News monitoring, Bhutan once held about 13,000 BTC, nearly twice El Salvador's holdings. Now, tracking data shows Bhutan holds 518 BTC.

Odaily reports: Binance stated in a post that it began phased withdrawal restoration at 06:00 (UTC) on November 1, and by 12:36 completed the first phase of withdrawal restoration for 15 networks and assets. As of 15:30 that day, Binance had processed a cumulative $4.649 billion in withdrawals and $1.01 billion in deposits, with net outflows of approximately $3.64 billion, accounting for 2.1% of its total $171 billion in assets under management (AUM). Binance said that withdrawal volume surged initially but has since declined and stabilized, while deposit volume has remained at a consistently high level, indicating stable market conditions.

In addition, Binance completed a new proof-of-reserves (PoR) snapshot at 00:00 (UTC) on October 31 and initiated zero-knowledge proof (ZKP) computation. The updated report is expected to be published on the PoR official website on November 2. The team is still testing the remaining networks and assets, and the restoration arrangements for subsequent phases will be announced in due course.

Odaily: Cynthia Lummis stated that hackers stole $6.3 billion worth of crypto assets this week and moved them across different blockchains within minutes. The CLARITY Act plans to establish a pilot program to promote direct intelligence sharing between crypto companies and federal law enforcement agencies. She stated that coordinated action between the industry and law enforcement can curb the transfer of stolen funds.

According to Odaily monitoring, Binance co-founder He Yi is reminding users to beware of new scam tactics emerging amid the chaos. In a post she shared, scammers have recently been using Telegram's GRAM transfer feature to send users small amounts of GRAM, along with fake Binance official announcements attached to the transaction information, falsely claiming that Binance has been hacked and that user assets are unsafe, in order to trick users into transferring their assets into a so-called Binance insurance vault.

Odaily: U.S. President Trump stated that a deal with Democrats may be reached at some point, and if Democrats win a majority, I think I will become "Mr. Veto." (Sina Finance)

Odaily Report: A Binance spokesperson stated that withdrawal levels have stabilized to a level of on-chain activity considered normal and expected, accounting for a very small proportion of assets under management. (CLS)

Odaily Report: A White House official and two people familiar with the matter revealed that the White House has been preparing for months for the possibility that Democrats could take over Congress, drawing up plans to continue advancing key parts of its agenda through executive power while also preparing for congressional investigations into the Trump administration.

Three people familiar with the matter said that since April, senior officials including Deputy White House Chief of Staff Stephen Miller and Budget Director Russell Vought have been working with the White House Counsel's Office to identify executive measures Trump can take without congressional approval, covering areas such as immigration, tariffs, housing costs, and federal spending. The White House official said that White House Counsel Will Scharf and his team are also examining "what actions Trump can lawfully take on his own, where he can push the boundaries of his authority, and how to defend those decisions in court."

Over the past month, Trump has been holding rallies across the country in an attempt to preserve Republican control of Congress. Meanwhile, his aides are said to have privately begun preparing for a potentially very different political landscape in 2027. (Jinshi)

PPP prediction market tool monitoring shows that Polymarket's "ETH to hit $2,300 in the remaining time of November" probability rose to 92%, up 44% in 24 hours.

According to the settlement rules, within the specified month, if the highest price of any 1-minute candle on Binance ETH/USDT reaches or exceeds the specified price, the market will settle as "Yes"; otherwise, it will be "No". The settlement of this market is based solely on Binance ETH/USDT price data; prices from other exchanges or trading pairs are not taken into account.

Join the PPP signal push community to stay one step ahead and seize the initiative.

Odaily reports: SpaceX Chief Operating Officer Gwynne Shotwell stated that she will donate more than 2 million SpaceX shares to fund "Trump Accounts" for children. The first batch of donated shares is currently being transferred to an escrow account and is expected to be distributed in December. The first batch of beneficiaries will be children aged 11 to 17 living in ZIP code areas where the median household income does not exceed $57,000, as well as children in areas with populations too small to calculate a median household income. Affected families are expected to be notified by Monday.

Shotwell also stated that additional donations will be finalized in the coming weeks, covering children aged 11 to 17 in families of military personnel serving overseas, foster children, and more children living in counties surrounding SpaceX headquarters in Texas where the median household income does not exceed $90,000. She thanked the U.S. Department of the Treasury, the Internal Revenue Service, the Dell Foundation, and other institutions and relevant teams for their support in advancing the program.

Odaily reports: Mike Wilson, Chief US Equity Strategist at Morgan Stanley, said the US stock market may face several short-term correction risks in the future, including the US midterm elections, market concerns triggered by AI spending, and liquidity constraints, which could push the S&P 500 down about 9% from its recent historical high to 7,100 points. However, he believes these corrections will create opportunities to buy on dips, and expects that once the relevant risks are released, the S&P 500 could rise further to 8,000 points. Historically, since 1950, the US stock market has risen in both the 6 months and 12 months following every midterm election. Therefore, he recommends buying US stocks on dips regardless of the midterm election results. (Bloomberg)

According to data disclosed by HyperliquidNews, total withdrawals on the Hyperliquid platform have surpassed $100 billion.

Odaily Report: In the final weeks before the November 3 US midterm elections, crypto industry-related political action committees (PACs) have further ramped up their political spending, with an overall lean toward supporting Republican candidates. The three major crypto industry PACs have spent nearly $170 million combined, with Fairshake and its affiliated organizations spending $154 million and retaining $56 million for the next election cycle.

Additionally, the Digital Freedom Fund, primarily backed by the Winklevoss brothers, spent over $8 million this month, focusing on preventing Democratic candidates from winning Senate seats in Ohio, Texas, and Iowa. The Fellowship Fund, which has close ties to Tether, previously spent $3.8 million supporting Republican candidates and subsequently spent $600,000 supporting Democratic candidates, including $300,000 in support of New York Congressman Ritchie Torres.

Although the PACs in question all lean toward supporting Republicans, the industry still positions its political spending as bipartisan, aimed at supporting crypto-friendly candidates. Fairshake's major funding supporters include Coinbase, a16z, and Ripple Labs. The crypto industry's nearly $170 million in political spending this cycle has made it one of the most politically active industries in the current US congressional elections. (CoinDesk——

Odaily: Galaxy Research Head Alex Thorn posted that the USDT-adjusted discount of Bitcoin on Coinbase relative to Binance has widened to its largest level this year. However, Binance's earlier suspension of withdrawals restricted cross-platform arbitrage activity, making it difficult for this spread to accurately reflect genuine demand signals from the U.S. market. With Binance having resumed withdrawals, it is worth watching whether the spread between the two major exchanges will gradually narrow going forward.

Odaily: As the US midterm elections approach, a group of seasoned traders on Kalshi and Polymarket have begun seeking trading advantages through on-the-ground "street-walking" fieldwork and voter data analysis. Among them: former Democratic National Committee (DNC) economics professor and election model analyst Douglas Campbell, who goes by the username AlexanderHam on Kalshi, has accumulated over $800,000 in profits, ranking as the platform's sixth most profitable election trader; another trader, David Bensoussan, is primarily active on Polymarket, where under the username Scottilicious he has accumulated over $1.5 million in profits, with a position of more than $280,000 betting on Democrats winning the House, a market whose probability has now risen to approximately 94%.

Analysts suggest that some traders are seeking information advantages through fieldwork, which has raised concerns about information asymmetry and insider trading. Polymarket this week has launched an investigation into suspicious trading during the Israeli election period. (Bloomberg)

Odaily: Strive CEO Matt Cole posted a chart of the company's Bitcoin holdings on X, with the caption "New engine activated," possibly hinting that an update on increased BTC holdings may be disclosed next week. The move may be modeled after Strategy founder Michael Saylor.

Odaily reports: The U.S. crypto industry is spending approximately $63 million in an effort to prevent former Senator Sherrod Brown from returning to Congress in the Ohio election. Among this, the crypto industry super PAC Fairshake has contributed nearly $56 million, while the Winklevoss brothers' political action committee has put in another approximately $7.2 million. Combined with 2024 election spending, the crypto industry's political investment targeting Brown over the past two years has exceeded $100 million.

The latest polling shows Brown slightly ahead of incumbent Senator Jon Husted, but most poll margins remain within the margin of error. Prediction market Kalshi gives Brown a 68% probability of winning, while also predicting a 68% probability that Democrats will regain control of the Senate. (CoinDesk)