Trader Loracle shorted SanDisk with 10x leverage, incurring an unrealized loss of approximately $3.7 million.

Bitwise has lifted its Bitcoin price target to $1.6 million by 2036 in its latest report, a projection translating to a roughly 34.3% compound annual growth rate. The firm cited growing institutional demand, limited Bitcoin supply, and concerns over fiat currency depreciation as key drivers. Previously, Bitwise had forecast Bitcoin would reach $1.3 million by 2035.

Jupiter partners with BitGo to launch institutional validators, enabling BitGo’s institutional clients to stake SOL directly via their existing custodial accounts.

According to an official announcement, Robinhood Chain has added 8 new stock tokens, namely JPMorgan Chase, Visa, PayPal, BMNR, McDonald's, Disney, Uber, and VanEck Gold Miners ETF.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on 10 individuals and one entity. The targets are linked to North Korean IT workers defrauding U.S. companies, with the proceeds funding Pyongyang’s weapons of mass destruction and ballistic missile programs. Sanctioned Russian national Ilya Boykov has exchanged approximately $3.5 million in cryptocurrency for North Korea’s Alis company since 2024. Russian national Vitold Obertas has completed nearly $2 million in cryptocurrency exchanges for North Korean officials since January 2025. Also sanctioned are North Korea-controlled, Russia-based entity FFTDC and its six IT workers, who have generated over $750,000 in revenue since 2025. Australia and the European Union have also taken similar sanctions actions this month.

U.S. midterm elections will take place next week. Prediction market data puts Democrats’ chances of winning the Senate at 64% and the House at 90%. If control of Congress changes hands, crypto policy could shift from pushing legislation to ramping up regulation, and the Clarity Act is unlikely to advance. Democratic Senator Angela Alsobrooks noted a Democratic-led Congress will not prioritize the bill. If Democrats capture the Senate, Elizabeth Warren will serve as chair of the Senate Banking Committee. Wintermute’s Head of Policy Ron Hammond predicts Warren will use subpoena power to focus on reviewing the Office of the Comptroller of the Currency (OCC)’s new bank license approvals for Ripple, Coinbase, and World Liberty Financial.

Avail has launched ShieldTX, a privacy tool for Hyperliquid traders. The tool creates an independent wallet for each perpetual contract position, reducing on-chain copy trading bots’ ability to link transaction records and replicate trading strategies. Avail analyzed 332,317 trading wallets on Hyperliquid, sampled 7 of the top 100 traders plus suspected copy trading wallets, and estimated that the median additional cost per trade for copied traders due to execution price impact is 63 basis points, or 0.63%. The research also found that roughly 29% of Hyperliquid’s top 150 accounts use sub-accounts, though these related wallets may still be linked on-chain. (The Block)