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PropMarketCapFRESHRegulation

SEC clarifies cryptocurrency regulation: CC token is a digital commodity, not a security

The SEC's Division of Corporate Finance (the US securities market regulator) announced on November 3 that it will not seek penalties for the issuance of the CC token of the Canton Network: in its assessment, it is a digital commodity, not a security. The token gained 4%.

PropMarketCapFRESHExchanges and infrastructure

Circle cut 5% of its staff: USDC stablecoin issuer closed the quarter with a $226 million profit

The issuer of the USDC stablecoin (a coin with an exchange rate pegged to the dollar) laid off about 5% of its employees and spent $9.1 million on it, even though net profit for the quarter grew. The reduction is mentioned in a footnote to the third-quarter report.

PropMarketCapFRESHProp industry

Spotware has linked prop firms and brokers into a signal network: one participant's flag is visible to all

On November 4, Cyprus-based Spotware, the developer of the cTrader trading platform, launched the cAntifraud service. If one broker or one prop firm marks a trader as a threat, all connected companies receive a warning. Subscription - $999 per month.

PropMarketCapFRESHMacroeconomics and central banks

US ADP at 16:15 MSK: 69 thousand jobs expected vs 90 thousand a month earlier

Today ADP Research Institute publishes its report on private sector employment in the US for October. The consensus is +69 thousand jobs after +90 thousand in September. This is the first labor market figure this week, followed by NFP on Friday.

PropMarketCapFRESHRegulation

Jack Dorsey's Block to pay $764M in money laundering case

Block (Jack Dorsey's payment company, founded by the Twitter co-founder, owns the Cash App with Bitcoin purchases) has reached an agreement with the US Department of Justice to pay $764M and close the case over weak anti-money laundering controls. This is more than the company's entire quarterly profit of $566M.

PropMarketCapFRESHRegulation

56 companies refused to tokenize their shares: Amazon, Tesla and SpaceX on the list

The OKXICE joint venture (the OKX exchange and Intercontinental Exchange, owner of the NYSE) was going to launch round-the-clock trading of tokenized US stocks. 56 companies opposed it, including 49 of the 62 initially selected - about 79% of the original list.

PropMarketCapFRESHExchanges and infrastructure

$133 million stolen from a project in Europe passed through the Kraken crypto exchange: accounts frozen

Kraken has restricted access to some accounts while an investigation is underway: assets allegedly stolen from one of the crypto projects in Europe arrived on the platform. The amount in question is more than $133 million; the name of the affected project is not disclosed.

PropMarketCapFRESHCurrencies, commodities and indices

OpenAI cut the round from $30B to $20B, valuation fell to $1.25T

Investors reduced their checks in the largest private round in history: instead of $30B, OpenAI expects to raise $20B, and the company's target valuation was lowered from $1.4T to $1.25T. Caution about artificial intelligence has moved from the exchange to the private market.

PropMarketCapFRESHProp industry

Prop firm Match admitted to substituting affiliate links: the audit covered 46 prop firms

The aggregator website prop firm Match confirmed that since October 2025, clicking the purchase and promo code copy buttons redirected the original tab through the affiliate link of the selected prop firm. The function was disabled on October 29, 2026, and the audit is still ongoing.

PropMarketCapFRESHCurrencies, commodities and indices

Down 7.6% in a day: Brent oil price rebounded after report of strike on Qeshm Island

On Monday, Brent (the benchmark crude oil grade used to price oil in Europe and Asia) plunged 7.63% to $104.77 per barrel on signals of US-Iran talks. On Tuesday, quotes recovered about 1.1% after a report of a US strike on an Iranian island in the Strait of Hormuz.

PropMarketCapFRESHRegulation

CFTC chair calls $6.3 billion Binance hack an argument for cryptocurrency regulation in the US

Michael Selig, chairman of the CFTC (the US derivatives market regulator), in an interview with CNBC on October 30 called the theft from Binance an argument in favor of federal rules for crypto exchanges operating outside the US.

PropMarketCapFRESHCrypto market

Bitcoin fell below $77,000: chip sell-off dragged crypto down with it

On Tuesday morning BTC lost about 2% and is trading just below $77,000, erasing Monday's rebound. The trigger was a sell-off in the US tech sector: the Nasdaq 100 index dropped 10% from its recent high, meaning it entered a correction.

PropMarketCapFRESHRegulation

Turkey has launched an antitrust investigation against Google over AI

On November 2, it became known that the Turkish regulator has opened a case against Google (the service belongs to the holding company Alphabet, ticker GOOGL) on suspicion of violating competition rules in the field of artificial intelligence.

PropMarketCapFRESHCurrencies, commodities and indices

War premium deflates: WTI oil price falls 2.25% and drops below $100

WTI crude oil futures (the benchmark American grade, traded on the NYMEX exchange) lost 2.25% on Monday and slid to $99.80. This is a continuation of the correction after Friday's peak of $104.03 - a five-month high.

PropMarketCapFRESHCurrencies, commodities and indices

Iran's Hormuz plan knocked Brent crude price down 3% in a day - to $110

Brent crude (the benchmark grade used to price oil in Europe and Asia) fell to $110.06, losing $3.37 in a day. The reason is not OPEC+, which on Sunday left December quotas unchanged, but Tehran's statement that the Strait of Hormuz could be opened in two days.

PropMarketCapFRESHProp industry

Prop firm rating for $10,000 a month: scandal surrounding prop firm Match

The largest prop firm comparison site prop firm Match admitted that it substituted its affiliate link even for those who simply opened the company's page or copied a promo code. Within a few days, at least six partners left it, including Apex Trader Funding and Blue Guardian.

PropMarketCapFRESHInstitutional players and funds

$643M outflow in a day from spot Bitcoin ETFs - the largest since June 25

After the Binance hack, US spot Bitcoin ETFs (exchange-traded funds through which Bitcoin is bought like a regular stock) showed an outflow of $643.3M on Friday, October 31 - the largest in four months.

PropMarketCapFRESHCurrencies, commodities and indices

Worst session since June 5: Nasdaq Composite lost 747 points in a day

On Friday, October 30, the Nasdaq Composite (the index of American technology stocks) closed at 25,437.00, down 747.73 points, or 2.86%. This is the index's worst day since June 5, and it lost more than 5% over the course of October.

PropMarketCapFRESHCurrencies, commodities and indices

Brent closed at $113.43: oil price at its highest since late April

Oil gained $2.63 per barrel on Friday after the fourth tanker attack in the Strait of Hormuz this month. Today seven OPEC+ countries are meeting online, but according to Reuters, everything is decided in advance for December: production will be left as is.

PropMarketCapFRESHInstitutional players and funds

A Nasdaq company is preparing to sell 5,833 BTC worth $449M - due to the Binance hack and quantum computers

Next Technology Holding (ticker NXTT, a software company from Japan) announced after market close on Friday, October 30, that its board of directors has authorized selling its Bitcoin or borrowing against it. This concerns 5,833 BTC - approximately $449M at a rate of about $77,000 per coin.

PropMarketCapFRESHExchanges and infrastructure

BTC is cheaper on Coinbase than on Binance: this hasn't happened since FTX's collapse

On October 29, the Coinbase Premium Index dropped to -0.27% — the lowest since November 2022, when the FTX exchange collapsed. Put simply, US investors are selling BTC more actively than they are buying it.

PropMarketCapFRESHCurrencies, commodities and indices

EUR/GBP at a 19-month low of 0.8336: the euro has lost 3.15% against the pound in five weeks

On Friday the euro broke below the March 2025 levels against the British pound: the EUR/GBP pair touched 0.8336, a 19-month low. Strong eurozone economic data failed to convince the market, while the pound is rising on expectations that the Bank of England will raise rates as early as next week.

PropMarketCapFRESHCurrencies, commodities and indices

Nasdaq 100 falls 2% after earnings reports: Intel -23%, Alphabet -12.6%, Amazon -7%

By 11:07 Moscow time on October 30, the Nasdaq 100 futures were losing more than 2% and trading around 28,960 points. The reason: weak guidance from three of the largest technology companies at once and growing concerns over their spending on artificial intelligence.

PropMarketCapFRESHCurrencies, commodities and indices

Tanker explosions near the Strait of Hormuz brought back the risk premium: Brent crude above $116

The December Brent futures contract added $1.20 (+1.04%) on Friday and reached $116.08 per barrel after reports of tankers being blown up near the Strait of Hormuz. In October, oil rose by almost 11% - the fourth consecutive month of gains.