CZ refutes claims that Bitcoin will go to zero, pointing out that many people have made incorrect judgments about cryptocurrencies.

Arthur Hayes (@CryptoHayes) is dumping $22.28M worth of tokens! Including: 6,400 $ETH ($15.2M), 14M $ENA ($2.76M), 323,000 $UNI ($2.24M), 1.89M $ETHFI ($1.23M), 546,609 $AERO ($398K), 120,000 $PENDLE ($244K), 3M $ZAMA ($214K).

HYPE Treasury’s Hyperliquid Strategies (PURR) has expanded its share repurchase program from $30 million to $100 million, leaving roughly $72 million in remaining repurchase capacity, and extended the program’s term to October 31, 2027. The firm’s holdings indicate it currently holds approximately 38.8 million HYPE tokens, worth around $2.96 billion at current valuations.

Beating AI Newsflash: Amazon CEO Andy Jassy stated that AWS’s core computing power demand will remain robust over the coming years, with 2026 capacity already sold out, 2027 nearly fully booked, and most 2028 capacity pre-reserved. Speaking on an Andreessen Horowitz podcast Friday, Jassy added that AWS will retain some computing resources for on-demand computing services, EC2 cloud servers, and AI model inference service Bedrock to fulfill customers’ immediate needs. For long-term order growth, Amazon maintains a relatively flexible capital expenditure strategy: the company typically procures servers and network equipment just months in advance, adjusting procurement scale based on actual demand to mitigate the risk of overcapacity if demand cools. Additionally, Amazon is advancing its in-house chip development strategy. Jassy noted that the early acquisition of Annapurna Labs is one of Amazon’s most successful buys, with the team currently developing the Trainium AI chip and Graviton CPU. Amazon’s investment in Anthropic has also driven collaboration on the Trainium chip, further aligning chip research and development with AI computing power requirements.

Franklin Templeton issued approximately $150 million in tokenized money market fund shares on the XRP Ledger on Thursday, bringing the total relevant fund shares on the network to nearly 193 million. At a per-share price of $1.039 per transaction record, the total value amounts to roughly $200 million. The new shares were issued via two $75 million subscription transactions, both transferred to a single wallet that now holds all of the fund’s shares on the XRP Ledger. On-chain records show this wallet shares the same 8 authorized signature addresses as Franklin Templeton’s issuance account, with any two of these addresses required to jointly approve transactions. However, it remains unclear whether the wallet represents a single investor or a custodian holding assets for multiple clients, while the identities of relevant investors and the source of funds have not been disclosed. These tokens correspond to shares of Franklin Templeton’s Singapore-registered OnChain USD Short-Term Money Market Fund, which primarily invests in short-term U.S. debt and money market instruments, with returns reflected in the share price. Data from RWA.xyz shows the fund’s tokenized asset size on the XRP Ledger is second only to Ripple’s RLUSD stablecoin. Holding these tokens requires approval from the issuer, which also retains the right to freeze balances and reclaim tokens.

According to a BBC report, Argentine federal judge Marcelo Martinez de Giorgi, at the request of prosecutors, has decided to drop the criminal case against Argentine President Javier Milei and his sister Karina Milei over their alleged involvement in the LIBRA cryptocurrency controversy. The judge ruled that available evidence fails to prove criminal fraud, and the incident does not constitute a crime under applicable law. In February 2025, Milei posted a link to purchase LIBRA tokens on social media platform X, claiming the project would help small businesses and startups secure funding. After the post went live, the token’s price surged rapidly, but Milei deleted the post hours later, triggering a sharp plunge in LIBRA’s value that left most investors with heavy losses and led to fraud allegations. Milei has denied endorsing the token, stating he was merely sharing information and that he stopped promoting it after learning more about the project’s details. He added that investors participated voluntarily and were aware of the associated risks. As of the publication of the BBC report, Milei had not responded to the news of the case dismissal.

Middle East tensions remain high, pushing international oil prices sharply higher on Friday. Brent crude hit a session peak of $117.45 per barrel, marking its first breach of the $117 mark since April, closing at $116.72 with a monthly gain exceeding 10%. The rally was driven primarily by expectations of a potential renewed escalation of U.S.-Iran tensions. On Friday, Trump both hinted at a possible new military strike on Iran and claimed such a conflict could end quickly. Reports indicate that the U.S. and Israeli militaries have developed plans to strike Iran again after the U.S. November midterm elections, though Trump has not yet decided whether to approve the operation. Potential targets include Iran’s missile and drone arsenals, energy infrastructure, and nuclear facilities. Separately, Iran’s Islamic Revolutionary Guard Corps stated that two supertankers hit mines in the Strait of Hormuz, carrying a combined 4.5 million barrels of crude oil; these claims have not yet been independently verified. Reuters also reported that Iran has drawn up plans to target undersea communication cables in the Gulf in response to potential new attacks by the U.S. and Israel. The energy shock is spilling over into financial markets: the U.S. 5-year breakeven inflation rate rose to 2.47%, the 10-year U.S. Treasury yield climbed to 4.99%, and the S&P 500 index fell 0.5% on Friday. Analysts warned that if the conflict spirals out of control and causes severe damage to critical oil infrastructure, international oil prices could surge further to $150 per barrel.