A trader opened a $5.67 million long position in Nvidia with 2x leverage.

Two key Republican members of the U.S. House of Representatives said local time Wednesday that Congress is prepared to issue a subpoena to NVIDIA CEO Jensen Huang.

Ripple’s XRP Ledger lending system for banks and payment firms has secured more validator support. As of Wednesday, the Lending Amendment and its first patch each received 22 votes, up 3 from the 19 votes they held on October 19. The SingleAssetVault Amendment, which provides funding for lending pools, garnered 23 votes. Both features need at least 29 votes from the 35 default validators and must retain that support for two weeks to be enabled. The system is designed to allow lenders to deposit XRP or other tokens into vaults, with loan brokers issuing fixed-term loans to borrowers without requiring collateral.

Liquid Capital founder Yilihua (also known as JackYi) posted that after observing the Democratic Party’s strong performance earlier, he had anticipated a sharp plunge in US stocks, so he refrained from buying the dip temporarily. However, the market rebounded rapidly soon after, prompting him to enter a right-side position when BTC was around $77,000. Once BTC stabilized above $80,300, he judged that the correction had ended and the uptrend had resumed. But as he had expected, US stocks later saw a delayed sell-off, which dragged BTC down sharply. Operationally, he has taken profits on his long positions, though his spot positions remain underwater. JackYi noted that rapid price swings are hard to predict accurately, emphasizing that position sizing and risk management are key. For the market outlook, he will continue to focus on trends in US stocks and crude oil. Currently, the market faces multiple uncertainties: the Democratic Party’s stance on AI and the crypto industry, events involving Jensen Huang, and Trump’s fund-related issues. Still, his overall trend outlook remains bullish, and he plans to wait for the macro environment to clarify before seeking dip-buying opportunities.

According to Chainstack, the blockchain infrastructure provider has updated technical details of its earlier security incident. Attackers accessed the development environment on October 26, entered portions of the production environment on October 29, and accessed client account databases on October 31. The company noted that potentially exposed information includes organizational and account holder names, member email addresses, and password hashes. Attackers also accessed systems storing node credentials; while there is no evidence the credentials were read, Chainstack is still requiring customers to rotate their credentials. The firm added that attackers gained entry via a Grafana test instance with default administrator credentials, then escalated access using an unauthenticated MCP tool server and stolen machine credentials. Investigations found the attackers used the ARTEX framework, but no evidence of exploited software vulnerabilities was identified. The company confirmed that customer nodes, consoles, and APIs were not modified.

According to monitoring by OnchainLens, a transaction signed by BitGo Custody withdrew 204,044 SOL from staking, valued at approximately $16.89 million, and transferred the tokens to a wallet linked to FTX/Alameda.

According to Farside's monitoring, U.S. spot Bitcoin ETFs posted a total net outflow of $299.8 million yesterday. Among them, IBIT saw a net outflow of $269.7 million, GBTC a net outflow of $39.1 million; MSBT recorded a net inflow of $9 million, while the remaining funds had zero net flow. Separately, U.S. spot Ethereum ETFs totaled a net outflow of $144.8 million yesterday. Breakdown: ETHA had a net outflow of $129.8 million, ETHB $5.3 million, ETHW $4.8 million, FETH $4.1 million, EZET $0.8 million; the rest of the funds registered zero net flow.