ARK Invest’s Crypto Exposure Tops $2.15B as Bullish Holdings Rise Across 3 Funds

A giant whale address (2z4gKC) holding 23000 SOLs (worth $4.37 million) reactivated after 10 months of silence, spending 65 mSOLs (worth $167000) to purchase 1.12 million GHOST tokens. （Lookonchain）

[Maji Slightly Increased ETH Long Positions and Reduced HYPE Long Positions] On November 2, according to HyperInsight monitoring, Maji slightly increased ETH long positions 10 minutes ago while reducing HYPE long positions. As of press time, Maji's total position size reached $10.45 million.

[Astar Community Proposes Reactivating Coretime Auto-Renewal Mechanism] The Astar community has released a proposal to initiate an XCM call from Astar to the Coretime system chain on Polkadot, aiming to reactivate the automatic Coretime renewal mechanism. If the proposal is approved, Astar Core 38 will achieve a 28-day automatic renewal, ensuring continuous network operation without requiring manual or governance-driven renewal actions. Currently, the Astar sovereign account balance is approximately 300 DOT, which, at the current rate, can support about 2 years of renewal coverage.

[EU Plans to Expand Regulation of Stock and Cryptocurrency Exchanges] The European Commission plans to expand central regulation of key financial market infrastructures, covering stock exchanges and crypto asset service providers. According to the plan, the powers of the European Securities and Markets Authority (Esma) will be extended to include 'the most significant cross-border entities.' This move is part of the EU's 'Capital Markets Union' initiative, aimed at eliminating regulatory fragmentation and enhancing EU competitiveness. The relevant proposal is expected to be presented in December as part of the 'Market Integration Package.'

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