Ireland's central bank fined an Irish subsidiary of cryptocurrency exchange Coinbase Global 21.5 million euros ($25 million) on Thursday for breaching anti-money laundering and counter-terrorist trans... ...

Core Insights - Bitget has fully integrated with the Morph Chain layer-2 blockchain, allowing users to trade assets directly from their Bitget wallets using USDT without swaps or bridging [1] - Morph is the first network to achieve full integration with Bitget Onchain, with Bitget transferring 440 million BGB tokens to the Morph Foundation, establishing BGB as the backbone token for the network [2] - The integration positions Morph as the native onchain home for the BGB token, which serves as both the gas and governance token [3] Expansion of Services - Bitget has launched an institutional financing program offering zero-interest loans up to two million USDT for qualified participants, running from Nov. 1, 2025, to Jan. 31, 2026 [4] - A major upgrade to Bitget Onchain was announced in September, enabling users to trade, stake, and manage millions of on-chain tokens directly from their Bitget spot account, with support for Ethereum, Solana, BSC, and Base [5]

🛡️Transparency. Accountability. Trust.Bybit’s 27th Proof of Reserves confirms over 100% coverage for all major assets.#Bybit #CryptoArk ...

Progress isn’t always visible in days,noticeable in weeks,but undeniable in years.Keep walking. 🌒 https://t.co/dEvDGWVxDCPoloniex Exchange (@Poloniex):https://t.co/WxbcsyS4iA ...

According to Bloomberg, Faruk Fatih Ozer, founder and former CEO of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell. Authorities are investigating the possibility of suicide. Ozer was sentenced to 11,196 years in prison in 2023 for fraud and other crimes. Thodex was founded in 2017 and collapsed in 2021, after which Ozer fled to Albania before being extradited back to Turkey. https://t.co/XcxK2Ftfyh ...

Industry News - The former chief executive of collapsed cryptocurrency exchange Thodex, Faruk Fatih Ozer, has reportedly died in prison [1] Legal & Regulatory - Faruk Fatih Ozer was found dead in his prison cell in Tekirdag, Turkey [1]

Core Insights - MEXC's Chief Strategy Officer, Cecilia Hsueh, publicly apologized to the crypto trader known as "The White Whale" and confirmed the release of over $3 million in frozen funds, marking a significant turnaround after months of controversy [1][3] - The apology represents MEXC's first public acknowledgment of mishandling the situation, which began when the trader's account was frozen under "risk control" protocols [3] Company Response and Reforms - Hsueh admitted that MEXC's rapid growth outpaced its internal infrastructure, leading to shortcomings in risk management, operations, and public relations [2] - The new CSO took responsibility for the miscommunication and committed to implementing leadership changes to enhance transparency and operational consistency [2] Trader's Reaction and Future Plans - "The White Whale" confirmed the release of his funds but expressed that the apology lacked clarity, particularly regarding implications of wrongdoing [3] - The trader announced plans to donate all recovered funds, with half allocated to early supporters through an NFT campaign and the remainder to verified non-profit organizations [4] - An airdrop claim mechanism and community voting system will be introduced soon, emphasizing fairness in treatment regardless of follower count [5]

Core Insights - Amazon shares reached an all-time high after reporting better-than-expected earnings, driven by growth in its Amazon Web Services (AWS) business and plans to enhance AI capabilities [1][4][8] Company Performance - Amazon's stock surged nearly 10% following the release of its third-quarter earnings, which exceeded expectations [4] - First Solar's shares increased over 14% despite its third-quarter earnings per share falling short of estimates; however, revenue surpassed expectations due to strong demand from U.S. solar project developers [5] - Coinbase Global reported quarterly sales and profit that exceeded forecasts, benefiting from increased trading volume and optimism regarding U.S. regulatory outlook for digital assets [6] - DexCom's shares fell nearly 15% after providing a cautious revenue forecast for 2026 and addressing quality issues with its G7 sensor [6][9] - Erie Indemnity's shares dropped 5.5% after reporting mixed third-quarter results, with earnings per share exceeding forecasts but revenue missing expectations due to underwriting losses from severe weather [10] Market Overview - Major U.S. equity indexes finished higher, with the Dow up 0.1%, S&P 500 up 0.3%, and Nasdaq up 0.6%, reflecting gains for the week and month [3] - The market was influenced by the Federal Reserve's recent rate cut and a trade truce between the U.S. and China [3]

Core Insights - Coinbase Global Inc. shares increased by 5% in premarket trading following CEO Brian Armstrong's viral moment during the Q3 earnings call, where he read live prediction market bets [1][2] Financial Performance - Coinbase reported Q3 2025 revenue of $1.9 billion, reflecting a 25% increase from the previous quarter, driven by strong institutional trading volumes and favorable market conditions [4] - The company added 2,772 Bitcoin to its holdings in Q3, raising its total to 14,548 BTC, valued at approximately $1.6 billion [4][5] - Coinbase is now the ninth-largest corporate Bitcoin holder globally, surpassing companies like Tesla and Block [5] Market Position and Strategy - Analysts from Morningstar noted that Coinbase's early market lead helps maintain its dominance, despite increasing competition from rivals like Gemini and Bullish [6] - J.P. Morgan strategists highlighted that Coinbase's scale and regulatory clarity position it favorably for potential acquisitions under clearer U.S. regulations [6] - Armstrong acknowledged the impact of clearer U.S. regulations on growth and competition, emphasizing the need for effective execution as new players enter the market [7] Technical Analysis - Coinbase's stock price recently fell nearly 6% to around $328 after failing to maintain above the $344 level [10] - The price is consolidating within a descending triangle pattern, with the 20-day EMA acting as resistance [11] - Key Fibonacci support is near $329, aligning with an ascending trendline since July, with potential downside exposure to the 200-day EMA at $296 if broken [12][13] - A rebound above $344 could lead to a retest of $380 at the 0.618 retracement level [14]

Group 1: Government Shutdown Impact - President Trump is urging Republicans to eliminate the filibuster to facilitate the reopening of the government, indicating a potential shift in Senate rules [1] - Delays at airports are increasing due to the government shutdown, affecting air travel significantly [1] Group 2: Airline Industry Response - Major airlines including Delta, United, and American Airlines are calling on Congress to reopen the government to ensure air traffic controllers are paid, highlighting the operational challenges posed by the shutdown [2] - Airlines are advocating for an immediate passage of a clean continuing resolution to address the funding issues [2] Group 3: Company Performance - Shares of Reddit have seen a significant increase as earnings and revenue surpassed estimates, with positive guidance for the current quarter [3] - Coinbase shares are also up, reporting earnings and revenue that exceeded expectations, driven by a resurgence in both retail and institutional trading activity on its platform [3]