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In the U.S. midterm elections, the Democratic Party has temporarily secured 148 seats in the House and 47 in the Senate.

1 hours ago

According to real-time election data from Decision Desk HQ, as of now, 240 seats in the U.S. House of Representatives for the 2026 midterm elections have been called, with Democrats winning 148 seats and Republicans taking 92. Meanwhile, 85 U.S. Senate seats have been called, with Democrats securing 47 seats and Republicans 38.

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Trump congratulated the Democrats on their election win, stating he looks forward to working with them.

According to CBS, U.S. President Donald Trump congratulated the Democratic Party on its election victory during a phone interview with media, stating: "My message is, congratulations to the Democrats. I look forward to working with you for the good of the country."

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The Democratic Party may retake control of both chambers of Congress, with Fox News commentary noting there is no expectation of Trump disbursing funds.

Fox News commentators in the U.S. have joked that President Donald Trump may fail to fulfill his $5,000 cash handout promise. Earlier, Trump stated that if the Republican Party retains control of both the House of Representatives and the Senate in the midterm elections, the U.S. government will distribute $5,000 to every adult citizen.

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The Democratic Party's Senate seats climb to 51, reaching the majority threshold.

Per data from Decision Desk HQ, as of November 4 Beijing time, the Democratic Party has 51 confirmed Senate seats, while the Republican Party holds 40. The Democratic tally has hit the 51-seat threshold required to control the Senate.

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A crypto whale shorted 36 assets valued at $130 million, notching nearly $15 million in unrealized gains on the short position.

According to TradingBeats monitoring, the whale wallet starting with 0x0242 currently holds 36 short positions, totaling around $133 million, with an unrealized profit of approximately $14.96 million. After accounting for its remaining long positions, the account’s net unrealized profit from current contract holdings stands at roughly $14.58 million. The main profits come from short positions on Intel, SanDisk, and Google, with unrealized gains of about $3.34 million, $2.63 million, and $2.11 million respectively. Additionally, short positions on SK Hynix’s Korean stock derivative contract SKHX and ChangXin Memory’s CXMT short position have unrealized gains of around $920,000 and $900,000 respectively. Since 9 AM today, the whale has continued to add net short positions: approximately $3.47 million on Micron, $3.36 million on SanDisk, totaling around $6.83 million; while also covering a net short position on SpaceX worth roughly $2.09 million.

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French bank Société Générale accepts $10 million in tokenized US Treasuries as collateral on the Canton Network.

French bank Société Générale announced that its prime brokerage and clearing division has completed a transaction, accepting $10 million in tokenized U.S. Treasury bonds as eligible collateral on the Canton network. The relevant assets were generated via a pilot program of the Depository Trust & Clearing Corporation (DTCC)’s tokenization service, transferred on-chain, and integrated into the bank’s existing back-office and collateral management systems. Société Générale plans to gradually support regular collateral transfers, evaluate more eligible tokenized securities, and explore on-chain financing solutions including agency repo and proprietary repo. Further progress is subject to internal approvals and regulatory requirements.

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OpenAI said ChatGPT's search volume has reached 20% of Google's, while Google's search growth rate has hit a five-year high.

Beating AI Express News reports that Adam Fry, OpenAI’s head of consumer products, revealed ChatGPT’s search query volume has reached roughly 20% of Google’s, with weekly active users rising from 1 billion to 1.2 billion in two months. However, this figure is OpenAI’s own estimate, with specific query counts and comparison metrics not disclosed. Google’s search business has not slowed down, though: in Q3 2026, its search query year-over-year growth hit a five-year high, and search ad revenue rose 12% to around $63.3 billion. Similarweb data shows that 93.7% of users who visited ChatGPT.com in September 2026 also accessed Google.com, indicating most people still rely on Google even after adopting ChatGPT.

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