Glassnode: Bitcoin $72k Resistance Accumulating, Downside Risk High if Bounce Weakens

Animoca Brands has announced that its subsidiary Animoca Asset Management has obtained a financial services license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), permitting it to conduct collective investment fund management business within or from ADGM. Minh Do, Senior Executive Officer and Director of Animoca Asset Management, stated that the license enables the firm to manage collective investment funds under a robust regulatory framework, connecting institutional capital with digital assets and agent networks.

OKX announced it will sequentially list five TradFi stock-based USDT-margined perpetual contracts on November 2: ADI/USDT, FLEX/USDT, MELI/USDT, PEP/USDT, and UMC/USDT. The respective trading opening times for each pair are 19:30, 19:45, 20:00, 20:15, and 20:30 Beijing Time.

A wallet moved all 999.953 $BTC ($78.12M) after more than 6 years of inactivity. The wallet received these 999.953 $BTC over 6 years ago, when $BTC was trading at $10,727.

According to official announcements, OKX’s Flash Earn “Hold to Earn” Phase 2 will run from 08:00 UTC+8 on November 3, 2026 to 07:59 UTC+8 on December 3, 2026, with a total prize pool of 400,000 USDC. Eligible VIP trading users who successfully register, hold USDC in their main trading account, and complete a cumulative qualifying USDC trading volume of at least $1,000 during the event period will split the daily prize pool proportionally. It is reported that OKX Flash Earn completed a product upgrade last week, adding the “Hold to Earn” model to its existing offerings of “Stake to Earn” and “Trade to Earn”. The first phase of the Hold to Earn campaign, which targets holders of designated tokenized stock assets, is still ongoing with a total prize pool of 400,000 USDT. Users can sign up for relevant activities via the “Flash Earn” > “Hold to Earn” entry in the OKX App.

According to on-chain analytics firm Lookonchain, a crypto whale has transferred all 999.953 BTC after remaining dormant for over six years, with the holdings valued at approximately $78.12 million. The BTC was deposited into the address more than six years ago, when BTC’s price stood at around $10,727.

On the first day of Hong Kong FinTech Week, HSBC Group CEO Noel Quinn stated that Hong Kong dollar retail stablecoin RedCoin has attracted around 50,000 users in over a week since its launch, with a target to expand to millions, attributing its rapid growth to the relatively lenient and secure regulatory environment set by the Hong Kong Monetary Authority (HKMA). RedCoin is one of only two licensed stablecoins in Hong Kong. Since October, it has been made available to over 3.3 million users via PayMe, supporting peer-to-peer transfers and merchant payments. It will later be rolled out to all HSBC and Hang Seng Bank customers, and integrated into the HSBC Hong Kong mobile banking app, enabling subscriptions to tokenized assets including money market funds. HSBC Hong Kong CEO Grace Wu added that merchant payments and wallet top-up functions are already live, with early usage proving encouraging. The bank also announced the same day that it will establish a Global AI and Emerging Technologies Research Institute in Hong Kong’s Northern Metropolis, slated to begin operations in early 2027.