The cryptocurrency market saw $41.47 million in liquidations over the past hour, with long positions accounting for $40.48 million and short positions $990,000, Coinglass data show. Over the past 24 hours, 160,289 traders were liquidated globally, totaling $539 million. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $8.5337 million.

Coinbase posted third-quarter net income of $432.6 million ($1.50 per share), exceeding the analyst consensus of $1.10 per share compiled by the London Stock Exchange Group, CNBC reported on October 31. Revenue reached $1.87 billion, surpassing the projected $1.8 billion, with transaction-related revenue climbing to $1 billion—a 37% increase from the second quarter. Consumer trading volume jumped 37% quarter-over-quarter to $59 billion, while institutional trading volume rose 22% to $236 billion, generating $135 million in institutional transaction revenue—a 122% quarterly gain. The exchange added 2,772 Bitcoin to its holdings, valued at approximately $299 million, and reported stablecoin revenue of $355 million with $15 billion in USDC held on its platform.

JPMorgan has tokenized a private equity fund on its proprietary blockchain and made it available to high-net-worth clients through its private banking division, WSJ reported on Oct. 30. The move marks the bank's first step in the broader rollout of its fund tokenization platform. JPMorgan said the initiative aims to enable investors to access alternative assets more conveniently through digital tokens.