BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Following a sharp rally in international oil prices this year, Jeff Currie, a prominent investor with a long-term bullish stance on the energy market, is now advising investors to lock in short-term profits. However, he has not altered his long-term outlook for the energy sector, arguing that a structural energy supercycle driven by deglobalization, electrification, and currency devaluation remains intact, with investment opportunities shifting from crude oil itself to energy infrastructure and supply chain resilience. Currie, founder and CEO of Real Macro, previously served as chief energy strategist at The Carlyle Group and Goldman Sachs, and is widely known as the "Godfather of Commodities". He has been consistently bullish on oil since the COVID-19 pandemic, and doubled down on that stance following the outbreak of the Iran crisis this year. Yet, in a post on social platform X, he noted that now is the time to take partial profits on short-term trades, citing two key reasons: first, oil prices have risen too fast and too far; second, further escalation of tensions in the Strait of Hormuz will have mutually devastating consequences for both sides of the conflict. Currie refers to spot crude oil and short-dated futures contracts as "prompt oil". He suggests investors consider locking in profits on these trades as well as their refined product positions. Brent crude has risen roughly 75% year-to-date, which he says has delivered ample returns for investors.

According to Reuters, an official familiar with the negotiations revealed that Qatari mediators expect to receive feedback from the United States and Iran on a new proposal aimed at advancing the talks within 36 hours.

According to data from the BIT stock platform, Shopify (SHOP.N)’s stock price dropped 17% following the release of its third-quarter results. The company reported third-quarter revenue of $3.74 billion, which missed the consensus estimate of $3.75 billion. Shopify (SHOP.N) projects its fourth-quarter revenue will grow by just over 30%.

ING Bank believes the U.S. dollar could weaken in the short term if the Democratic Party wins control of both the House of Representatives and the Senate in Tuesday’s U.S. midterm elections. “If the Democrats take control of both chambers, the dollar could face some near-term pressure,” strategists including Francesco Pesole said in a report. “The market has fully priced in the expectation that Republicans will lose control of the House, but only partially priced in the scenario of a Democratic sweep of both chambers.”

According to data from prediction market platform Predict.fun, the quarterfinal match of the 2026 League of Legends World Championship will pit TES against IG. As of now, IG’s win probability stands at 53%, while TES’s is 47%, with the two sides’ predicted odds being relatively close. Per the tournament schedule, this match will officially kick off at 06:00 Beijing Time, adopting a BO5 format; the winner will advance to the semifinals. The remaining quarterfinal matches will be held consecutively from November 4 to 7, with the other three matchups being GEN vs LYON, DK vs BLG, and T1 vs KC respectively. Note: Prediction market probabilities may change in real time based on market trading; please refer to the latest odds on the platform.

According to monitoring from Onchain Lens, FalconX has once again transferred 50,000 HYPE tokens to Coinbase, valued at around $4.2 million. Cumulative transfers of HYPE to Coinbase over the past three days total 350,000 tokens, worth approximately $30.57 million.