sea

According to Catcher Predict monitoring, the "Sunderland vs Chelsea" event currently ranks high in trading activity on the prediction market Polymarket, with a cumulative pool size reaching 5.0753 million USD. The option with the highest market consensus is "Chelsea," corresponding to a winning probability of approximately 51.5%.

According to Bitcoin News citing research from Crypto Briefing, since 2016, whenever the Federal Reserve paused interest rate hikes and then resumed them, Bitcoin has recorded a decline within 30 days after the rate hike, with a median drop of 2.4%. We are currently in this situation: the Federal Reserve paused after raising rates in September and is expected to raise rates again soon.The research points out that the most similar historical case was in 2018, when Bitcoin fell by 42% during the period from the midterm elections to the rate hike in December. Although the sample size is only 7 instances, the current record stands at 0 wins and 7 losses.

According to a research report released by the University of Oregon Blockchain Group (Dorm DAO), the student fund recommends a full investment in the AI mining project Pearl ($PEARL), with a target price of $2.50 to $3.00. Currently, Pearl has a market capitalization of approximately $531 million.The research report points out that Pearl is a Layer 1 public chain that replaces proof of work (PoW) with matrix multiplication, using "proof of useful work (PoUW)," allowing GPUs serving AI to simultaneously ensure network security and earn tokens. The fund considers the potential listing expectations on Coinbase and Kraken, the FP8 core upgrade (which aims to reduce mining costs to nearly 0%), and the AI computing narrative as three major catalysts.The report also reveals several risks: currently, less than 1% of blocks are running real AI tasks, most of which are meaningless random matrix calculations; the token supply is expected to expand by about 86% next year; and the internal holding situation of approximately 122 million tokens (accounting for 5.8% of the total supply) produced in the early days of the mainnet launch (within 6 days) has not been disclosed, and the project currently lacks third-party code audits.

On November 6, the crypto research firm Blockworks had several members of its research team announce their departure on Twitter, including Senior Research Analyst Jake Koch-Gallup, Research Analyst Nick Carpineto, Research Analyst Kunal Doshi, Senior Protocol Strategist Silvio Busonero, and founding research team member Westie Revacc.The tweets did not mention the specific reasons for their departure, but Jake Koch-Gallup indicated that it was related to Blockworks' strategic adjustments. "It's sad to see a leading crypto research company shift its focus from research to other directions. I understand the decision to prioritize product development, but I believe independent research is more important than ever, especially as AI makes original human thought and analysis increasingly valuable."On November 3, Blockworks announced the launch of its MCP product, allowing any user to connect Blockworks to Claude, ChatGPT, Cursor, or any MCP client to start building agents. In June, Blockworks announced the acquisition of the crypto research platform Messari.

Galaxy Research Director Alex Thorn stated that after the Democratic Party won both houses of the U.S. Congress, significant progress in key digital asset legislation is still expected to be difficult, and the leadership of congressional committees will also change. He mentioned that Elizabeth Warren may become the chair of the Senate Banking Committee, while Maxine Waters is expected to regain control of the House Financial Services Committee.Several Republican lawmakers who support the crypto industry were defeated, but the pro-crypto camp did not suffer a complete loss. According to Stand With Crypto, 19 pro-crypto senators and 226 pro-crypto representatives have been elected. Tracking by Molly White shows that in 12 highly competitive elections, the side supported by crypto and AI political action committees lost 9, but won all in the safer 40 elections.Reports indicate that House Democrats are discussing expanding Waters' previously proposed "Crypto Investor Consumer Rights Act" into a broader crypto market structure bill. Thorn reiterated that no substantial progress is expected in Congress on key digital asset legislation. In the absence of legislation, the SEC, CFTC, and banking regulators have clarified crypto rules within their existing statutory authority, and the Trump administration still has two years to continue advancing related work.

In October, the seasonally adjusted non-farm payroll employment in the United States was 165,000, expected to be 65,000, and the previous value was revised from 29,000 to 60,000.

According to the security organization SEAL, the North Korean-linked hacker group TraderTraitor, suspected of attacking Binance, may have been lurking in its environment for about 8 weeks before the theft occurred on October 29.SEAL stated that the timeline and details described in Binance's preliminary report align with the group's pattern of using fake companies and recruitment processes to carry out attacks. The security organization believes that the attackers' period of lurking in the target environment provided an opportunity for the enterprise to discover the intrusion.

Grayscale's research director Zach Pandl stated that JPMorgan Asset Management will incorporate Bitcoin into its long-term investment assumptions for 2027, expecting a compound annual return of 10%, higher than other asset classes; the estimated correlation of Bitcoin with U.S. large-cap stocks is 33%.JPMorgan expects Bitcoin's annualized volatility to be 55%, and due to its unstable correlation with other assets, it will exclude Bitcoin from its main portfolio models. Its long-term assumptions also include a return of 7.5% for U.S. large-cap stocks, 9.8% for private equity, 7% for a 60/40 stock-bond portfolio, and 5.5% for gold. JPMorgan describes Bitcoin's investment characteristics as speculative assets and notes that its portfolio allocation role is related to monetary easing; adoption, regulation, and liquidity will all affect its economic characteristics. Grayscale states that the related portfolio returns depend on future returns and changes in the relationships between assets.

According to Bitcoin.com, CoinShares Research Director James Butterfill stated regarding the results of the U.S. midterm elections on November 3 that Bitcoin has largely priced in the expectations of a Democratic victory. With uncertainty removed, there is room for a rebound, and the expected results may not necessarily trigger another round of selling.Butterfill warned that a greater concern is the slowdown in crypto reform. The Clarity Act faces a more difficult path, and investigations into Trump-related businesses may consume political capital and generate unsettling headlines in the industry. He believes that U.S. crypto stocks may be more sensitive than Bitcoin, especially exchanges, token issuers, and businesses reliant on new regulatory licenses.Butterfill also mentioned that compliant operators could benefit from competitors facing stricter scrutiny. For Bitcoin, real yields, dollar liquidity, and ETP fund flows remain more important than the elections.

On Tuesday, Google announced that its AI products will be disabled by default for K-12 student accounts unless school administrators actively enable them. However, schools that wish to completely disable AI must also turn off Google Search, which is a tool that millions of students rely on for their daily research. Chris Phillips, Vice President and General Manager of Google Education, stated during a meeting with educators that Search and AI are deeply integrated, and schools that are uncomfortable with AI can choose not to enable Search at all.Google stated that administrators can enable or disable Gemini, Gemini Notebook, Gemini in Classroom, and Search separately. This means that schools can block the standalone chatbot while retaining the search function, but they cannot remove AI from the search itself. According to The New York Times, starting in early 2027, schools that enable Search will receive versions with regular AI features such as AI Overviews and AI Mode, or an education-focused Guided Learning experience, neither of which will offer a traditional search experience without generative AI.The announcement has sparked criticism. New York City Mayor Zohran Mamdani accused Google of trying to impose AI on public schools using its monopoly power; former Federal Trade Commission Chair Lina Khan also criticized Google for using its search monopoly to force schools to adopt AI. Currently, New York City has implemented a one-year generative AI ban for students in eighth grade and below, affecting nearly 600,000 students, while Los Angeles has also restricted the technology, with local officials originally hoping to retain Google Search and remove AI summaries. In 2024, a federal court ruled that Google illegally monopolized the U.S. search market.

Bitcoin News posted on the X platform that Bitcoin security researcher Talip stated that his team discovered over 10,000 potential vulnerabilities using AI within two months.The team consists of volunteer engineers, and some findings have been assessed, disclosed, and fixed, while other disclosures are still ongoing. Talip mentioned that AI-generated findings need independent verification, as many of them may be false positives or exaggerate the severity of the vulnerabilities.

According to Pliant's announcement, the company has completed a $80 million Series C financing round, led by Seaya Nova and Speedinvest, with participation from Illuminate Financial, Motive Ventures, and Molten. The funds will be used for expansion in the United States and Canada, entering more international markets, and accelerating the AI payment roadmap.The company stated that it has doubled its business for three consecutive years, with annual recurring revenue exceeding $100 million, and can open its B2B payment infrastructure to external AI entities such as Claude and ChatGPT through the Model Context Protocol (MCP).

Crypto journalist Eleanor Terrett published an article summarizing the key results of the U.S. midterm elections, stating that the outcomes are generally unfavorable for the Republican Party and the crypto industry. She pointed out that despite over $64 million invested by the crypto industry, it was unable to prevent Sherrod Brown from returning to the Senate, where Brown may gain a leadership position on a committee with jurisdiction over crypto issues. Sherrod Brown previously served as the chairman of the Senate Banking Committee and holds significant influence over legislation and regulation of digital assets.Eleanor Terrett noted that Brown is cautious and even skeptical about crypto, emphasizing that consumer and investor protection should take priority. He advocates for enhanced information disclosure, segregation of customer assets, combating conflicts of interest, and anti-money laundering measures, opposing industry-led lax legislation. While he does not outright reject reforms on stablecoins and market structure, he insists that the regulatory framework must become stricter and not dilute the standards of traditional financial markets.Additionally, pro-crypto representatives Bryan Steil, Zach Nunn, and Ann Wagner were defeated, and Mike Lawler has conceded to Cait Conley, although the Associated Press has yet to make a final determination on New York's 17th congressional district. Kirsten Gillibrand, chair of the Democratic Senatorial Campaign Committee, helped the Democrats secure a Senate majority that exceeded expectations. After the Republican Party lost control of the Senate, Tim Scott is expected to transition from chairman of the Banking Committee to minority leader; the outcome in French Hill's district has not yet been determined, but it appears he may narrowly win and is expected to become minority leader, with the chairmanship taken over by Maxine Waters. Pete Ricketts won in Nebraska, and Andy Barr secured the vacant Senate seat in Kentucky, succeeding Mitch McConnell and potentially competing for a position on the Banking Committee.

According to a report by the Financial Associated Press, Bitcoin has rebounded from an earlier sell-off after hitting a seven-week low. Investors are weighing the expectations that the Democratic Party will achieve a comprehensive victory in the U.S. midterm elections and its impact on the cryptocurrency industry.Thielen, head of the cryptocurrency market research firm 10x Research, stated that Bitcoin is rebounding as people are now hopeful for the resumption of peace talks, given that Trump has indicated he will respect the election results and American voters have voted against the war. The war he referred to is the conflict with Iran that broke out in February of this year. Thielen also mentioned that Bitcoin is currently in an oversold state and is expected to rebound.

According to the latest data, the Democratic Party has currently secured 218 seats in the House of Representatives, confirming control of the House. Counting is still ongoing, with the Republican Party winning 126 seats and the Democrats flipping 25 seats. It is expected that the Democrats will win by a significant margin in this election.According to the rules, there are a total of 435 seats in the House of Representatives, and to become the majority party, 218 seats must be won.

According to CNN data, the Democratic Party flipped the Senate seat in Iowa during the Senate elections, securing a total of 51 seats, while the Republican Party only has 39 seats. The Democratic Party has achieved a net gain of 6 seats and successfully gained control of the Senate.

Anthropic recently released the latest research on verifiable AI outputs and introduced the new system FlashProve.When explaining how related capabilities can be implemented in real production environments, the document references the Ethereum ecosystem L2 Mantle as a use case, and in the public research of leading AI laboratories, Mantle is regarded as one of the on-chain production practices that can be referenced.

On October 30, the French cryptocurrency market intelligence agency OAK Research released a report titled "Stablecoins Generate Huge Revenue but Do Not Flow to Public Chains," authored by Lilian Aliaga. The report states that the market capitalization of stablecoins has increased from $4 billion in January 2020 to approximately $298 billion currently, having reached $310 billion at the end of April this year, which is more than three times the total locked value of all DeFi. In the third quarter of 2026, Tether and Circle's combined revenue is approximately $2.1 billion, while the fees from the 13 public chains tracked by the agency totaled $285 million during the same period.The report separately compares the sources of revenue on both sides. Issuers primarily earn interest on reserve assets: of Circle's total revenue of $701.3 million in the second quarter of 2026, reserve income accounted for 95%, or $667.7 million, which is only a 5% year-on-year increase; during the same period, the on-chain transaction volume of USDC increased by 151% to $14.8 trillion, the average supply increased by 25%, while the reserve yield decreased by 66 basis points to 3.49%. Tether's average supply increased by 10.6% year-on-year, and DefiLlama estimates its quarterly revenue to still be around $1.5 billion. Public chains only charge fees based on transactions, and the custody scale itself does not generate revenue.In terms of specific data, in the third quarter of 2026, Ethereum's average custody of stablecoins was $146 billion, with fees of only $34.6 million; Solana's custody was less than $16 billion, with fees of $62.9 million, of which only $6.7 million remained on the protocol side. In the first quarter of 2024, Ethereum's fees were $1.17 billion, higher than the issuer revenue corresponding to its custody of stablecoins, which was about $730 million; by the third quarter of 2026, issuer revenue was approximately $986 million, while Ethereum's fees were $34.6 million. The report also states that stablecoins currently account for about 28% of Aave deposits, 37% of Morpho, and 84% of Hyperliquid.

The election forecasting agency Decision Desk Headquarters (DDHQ) predicts that Democrat Adam Hamilton successfully flipped a federal Senate seat in Kansas. He capitalized on voter dissatisfaction with President Donald Trump's tariff policies and public discontent caused by rising fuel prices due to the Iran war, becoming the first Democrat elected to the federal Senate from this American Great Plains state since 1932.According to preliminary vote counts, with 84% of ballots reported, Hamilton leads Republican Senator Roger Marshall with a vote percentage of 53% to 44%. DDHQ has declared Hamilton the winner, but other television media have yet to predict a winner.According to predictions from DDHQ and several television media outlets, Democrats have currently flipped five seats in the federal Senate elections, coming from North Carolina, Ohio, Texas, Kansas, and South Carolina. The Democrats originally needed to gain a net of four seats to control the Senate, provided that the party did not lose existing seats in other states.

According to the election forecasting agency Decision Desk Headquarters (DDHQ), Democrat James Talarico is predicted to win the federal Senate seat in Texas, defeating Republican Ken Paxton. This marks the first significant victory for the Democrats in Texas since 1988.This result brings the Democrats closer to regaining a majority in the Senate. The Democrats need a net gain of 4 seats to retake the Senate majority, and according to U.S. media predictions, the Democrats have flipped and won in the Senate elections in North Carolina and South Carolina.