Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of October, with the ISM manufacturing PMI slipping to 48.7 from 49.1 in September, indicating contraction. Fed's Cook signals December rate cut is not a foregone conclusion: Central bank governor Loretta Mester made her first public remarks since Donald Trump's move to potentially impact her role, suggesting that a December rate cut is not guaranteed. Amazon surged 4.1% after announcing a $38 billion deal with OpenAI to supply computing power through Amazon Web Services.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$-186.5M
-2.7%
$-186.5M
$143.5B
$4.7B
ETH ETFs
$-135.8M
+38.2%
$-135.8M
$24.0B
$2.5B
US BTC Spot ETF Flows
US ETH Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$1.31B
-
$+921.46M (+236.79%)
Shorts
$138.01M
10.5%
$+83.54M (+153.37%)
Longs
$1.17B
89.5%
$+837.92M (+250.37%)
BTC
$397.10M
30.3%
$+318.99M (+408.41%)
ETH
$357.37M
27.3%
$+260.78M (+270.01%)
Michael Saylor's Strategy purchased 397 Bitcoin for $45.6 million last week bringing total holdings to 641,205 BTC, but the company's buying pace has slowed significantly with only 778 BTC acquired in October, 78% lower than September's 3,526 BTC.
Tokenized US Treasuries reached $8.63 billion in market cap by late October (up from $7.4 billion in mid-September) led by BlackRock's BUIDL at $2.85 billion, as institutions including Crypto.com, Deribit, Bybit, and DBS Bank begin accepting them as collateral for trading, repo financing, and credit transactions.
DeFi protocol Balancer suffered an ongoing exploit on Monday despite 11 audits by four security companies starting in 2021, that drained over $116 million in liquid staked Ether tokens (including OSETH, WETH, and wSTETH) through what Nansen analyst Nicolai Sondergaard identified as smart contract issues with a "faulty access check," prompting Balancer to offer a 20% white hat bounty for the funds' return within 48 hours and Berachain validators to execute an emergency network halt and hard fork to recover affected funds on its native DEX.
Zerohash has been licensed as one of the first MICA-approved stablecoin infrastructure companies.
