Walsh: Politics played no role in interest rate decisions.

According to Yu Jin Monitoring, HyperLabs, the development team of Hyperliquid, filed a request to redeem 179,706 HYPE tokens from staking roughly 10 hours ago, worth approximately $14.49 million. Under staking withdrawal rules, this batch of HYPE is expected to be credited on the evening of November 4, around 7 days from now. Yu Jin pointed out that the redemption path follows the same process as the team’s prior token unlocks: after exiting staking, HYPE will first be allocated to team members, then traded over-the-counter (OTC) via market maker/institutional trading platform Flowdesk. The associated staking address is 0x43e...251.

Decentralized liquid staking protocol Diva Staking announced in a social media post that it will shut down the project and will not launch its mainnet. The team stated the decision was reached after thorough discussions, and apologized to users who deposited in its Early Staker Vaults; related funds can now be withdrawn via Enzyme with no further waiting. Since running out of funds in mid-2024, the three-person team has operated without income or compensation for roughly two and a half years. While they believed Ethereum needed a staking solution where validator keys are not controlled by a small number of centralized entities, they are no longer able to continue development. Diva launched on the Hoodi testnet earlier this summer, running stably for about four months without incidents. However, the project failed to secure support from large institutional backers for mainnet launch, and the small three-person team cannot cover the costs of a new audit and mainnet operation and maintenance. The official emphasized prioritizing security, opting for an honest wind-down rather than risking a problematic mainnet launch. The announcement also cited shifts in market conditions: the demand structure for liquid staking tokens (LSTs) has changed since the Shanghai upgrade. As of the end of June this year, BitMine, Coinbase, and Binance together hold approximately 30% of all staked ETH (11.5%, 10.9%, and 7.9% respectively), a concentration level comparable to the market’s earlier concerns when Lido’s share neared one-third. The team also congratulated Lido on advancing its Simple DVT framework and opening it to independent stakers.

According to Bitget market data, South Korea's KOSPI index rose 1% intraday, with SK Hynix opening more than 3% higher.

According to Bloomberg, citing people familiar with the matter, U.S. chip company Marvell Technology (MRVL) is in advanced negotiations to acquire data center optics manufacturer Lumentum Holdings (LITE). The report noted that a deal could be announced as early as next week, though talks remain in the non-public phase. Following the news, Lumentum’s shares rose roughly 11% in after-hours trading, valuing the company at around $91 billion at the time; Marvell’s stock fell more than 8% in after-hours trade. Lumentum primarily produces optical components for communications networks and data centers. The surge in demand for high-speed data transmission driven by AI computing workloads has drawn increased investor attention to this sector. Marvell had approximately $39.2 billion in cash and cash equivalents in its latest fiscal quarter. Bernstein analysts pointed out that the potential deal size will test the company’s financing and integration capabilities, and it will be difficult to complete the transaction entirely in cash. Marvell has benefited from strong demand for custom AI chips and networking products, with its stock nearly quadrupling so far this year. If the acquisition is finalized, it will further expand its footprint in optical technology for AI infrastructure; the company announced at the end of last year that it would acquire photonics firm Celestial AI for $3.25 billion. Earlier this month, Marvell raised its fiscal 2028 revenue outlook from $15 billion to $20 billion, citing robust demand for custom AI chips and data center networking products.

According to a Reuters report citing sources familiar with the matter, Trump Media & Technology Group (DJT.O) has signed agreements with Bloomberg, quantitative trading and market-making giant Hena International, and Jump Trading to gain faster access to posts published by Trump.

According to data from the BIT Stock Platform, U.S. stocks closed higher: the Dow Jones Industrial Average rose approximately 0.19%, the S&P 500 gained around 0.28%, and the Nasdaq increased by roughly 0.27%. The Cboe Volatility Index (VIX) closed down about 4.22% to 16.78. SpaceX (SPCX) ended the session down approximately 2.25%. Most optical communication concept stocks closed higher: Applied Optoelectronics (AAOI) rose around 6.85%, Lumentum (LITE) gained about 5.52%, Ciena (CIEN) increased by 3.43%, Credo (CRDO) rose 3.74%, and Coherent (COHR) added 1.61%. In the Neocloud sector, CoreWeave (CRWV) climbed roughly 7.32%, Nebius (NBIS) rose around 6.96%, and Astera Labs (ALAB) gained 3.67%. Most semiconductor stocks closed higher: Arm (ARM) rose approximately 4.10%, Marvell (MRVL) gained about 3.32%, AMD increased by 3.24%, Broadcom (AVGO) added 2.77%, Intel (INTC) rose 1.91%, ASML gained 1.67%, TSMC (TSM) increased by 0.60%, while NVIDIA (NVDA) fell around 1.17%. Storage stocks strengthened: Micron (MU) rose roughly 5.86%, SanDisk (SNDK) gained about 7.66%, and Western Digital (WDC) increased by 4.08%. Crypto-related concept stocks were mixed: Strategy (MSTR) rose approximately 2.66%, MARA gained around 3.67%, Bitmine (BMNR) increased by 2.15%, Coinbase (COIN) added 0.76%, while Robinhood (HOOD) fell about 3.31%.