Korean stocks plunge after the Democratic Party's "sweep", SK Hynix falls more than 10%

According to Coinglass data, global crypto liquidations reached $983 million over the past 24 hours, including $401 million in long positions and $582 million in short positions. Bitcoin liquidations hit $398 million, while Ethereum liquidations stood at $243 million. The single largest liquidation order occurred on HTX-ETH-USDT, valued at $37.9991 million.

Russia’s largest stock exchange, Moscow Exchange (MOEX), announced it will open digital currency trading services to financial market participants starting December 1, 2026. This move marks the official launch of Russia’s first organized digital currency market. According to an official announcement from MOEX dated November 2, the trading will be conducted using the existing technical infrastructure of its stock market and integrated into the unified clearing system of the National Clearing Centre. Trading hours will align with the stock market, running from 06:50 to 23:50 Moscow time daily. The first batch of supported assets includes Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with both address-free (anonymous order book) and address-based trading modes available. The market will also offer same-day settlement (TOD), next-day settlement (TOM), and swap tools for liquidity management. The exchange noted that it will gradually expand its trading products to include more international and Russian domestic digital assets in the future. The service will initially operate as a pilot program, with market participants connecting gradually based on system readiness.

According to The Block, U.S. crypto lobbying group Digital Chamber has labeled the victory of Democrat Sherrod Brown in Ohio’s Senate election as the “most consequential unfavorable result for the crypto industry.” The group noted that Brown’s policy priorities on financial stability, consumer protection, bank regulation, and combating illicit finance could influence the Democratic Party’s overall stance and policy direction on crypto assets. Brown previously served as chair of the Senate Banking Committee, taking a cautious approach to digital asset legislation and regulation while stressing risks related to illicit finance. During the recent midterm elections, crypto-focused political action committees (PACs) poured substantial funds into efforts to block his return to the Senate, but were unsuccessful. Digital Chamber’s latest comments further underscore the crypto industry’s concerns over a tightening regulatory environment following shifts in Congress’s makeup.

Beating AI Express: Kuaishou’s Kling AI has announced that Kling 4.0 Flash is now available to all users. The full version of Kling 4.0 was previously fully launched, but the Flash variant—focused on fast, low-cost video generation—had been exclusive to Black Gold annual card members since September 28. Flash retains core capabilities including text-to-video, image-to-video, and multi-material reference generation, though it makes trade-offs in video specifications and control precision. It generates a maximum 20-second, 720p video per run, while the full version supports up to 30-second, higher-resolution videos and enables scene change control via multiple keyframes. Flash currently lacks support for start/end frame or multi-keyframe control. Developers can now integrate this lightweight model into AI Agents via API, MCP, and CLI for automated, bulk video generation. Kling also offers an Adobe plugin, allowing creators to call the model directly in Photoshop, Premiere Pro, and After Effects without frequent switching between creation tools.

The whale who went long $147M in #oil is starting to give up, with total losses of $15.3M! He closed his 587,250 $CL ($51.87M) long, losing $5.83M. He still holds a long on 1M $BRENTOIL ($93.7M), with a $9.45M unrealized loss. Liquidation price: $82.4.

Per ApeCoin’s official X account, ApeChain is collaborating with Chainlink to boost its infrastructure and migrate its cross-chain stack from LayerZero to Chainlink CCIP, acting as the standard cross-chain solution for Yuga Labs’ ecosystem—home to the Bored Ape Yacht Club. Key assets on ApeChain, including APE and USDC, will be upgraded to Chainlink Cross-Chain Tokens (CCTs) to enable interoperability between dApps, the community, and these assets.