Prop firm news

Miners dumped 21,140 BTC worth $1.7B on Binance, their reserves at a five-year low

On October 26, miners (companies that mine new BTC) transferred 21,140 BTC to Binance in a single stream - about $1.7 billion at prices at that time. Their own reserves dropped to 1.19 million BTC, nearly a five-plus-year low.

Nasdaq -1.9%, KOSPI -8%: Wall Street's worst day since July

The US stock market fell sharply after higher inflation in the US. The Nasdaq Composite lost 1.9%, the S&P 500 - 1.1%, and the sell-off in AI- and chip-related stocks then spread to Asia, where the KOSPI plunged 8%.