BizwavemediaPersonal Finance and Crypto Updates

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Binance founder Changpeng “CZ” Zhao announced today that he would stop disclosing his investment activities to avoid affecting market sentiment.

CZ’s recent disclosure of his ASTER investment sparked widespread trader attention and discussions, leading to rapid price movements that created major market volatility.

Blockchain data confirmed no large ASTER token sale occurred, countering rumors that contributed to market confusion around the asset’s price action.

CZ dismissed ASTER token sale rumors as fake news, which helped stabilize sentiment amid ongoing volatility surrounding the token.

BlackRock, the world’s largest asset manager, deposited approximately 2,043 BTC and 22,681 ETH into Coinbase today, according to data tracked by Arkham Intelligence.

The deposits are worth approximately $213 million in Bitcoin and $80 million in Ethereum based on current market prices.

BlackRock has been making recurring deposits of crypto assets to Coinbase Prime, signaling continued institutional engagement in the digital asset market. The asset manager uses Coinbase as a primary custodian for its crypto-related activities, including ETF operations and asset tokenization initiatives.

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Bitcoin holdings on cryptocurrency exchanges declined by around 209,000 BTC over six months as market participants moved assets away from trading platforms amid heightened price volatility, according to Santiment.

The outflow reflects a broader shift by traders and long-term holders toward off-exchange storage during periods of market turbulence. Bitcoin has faced elevated volatility driven by leveraged trading activity and institutional portfolio rotations.

Speculators have increasingly entered leveraged futures positions ahead of major market events, contributing to sustained price swings and liquidation cycles across derivatives markets.

Stream Finance, a decentralized finance (DeFi) platform focused on improving capital efficiency and maximizing yields through innovative strategies and protocols, has temporarily suspended all withdrawals and deposits after an external fund manager reported a $93 million loss in Stream’s funds.

Yesterday, an external fund manager overseeing Stream funds disclosed the loss of approximately $93 million in Stream fund assets.

In response, Stream is in the process of engaging Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP, to lead a comprehensive…

— Stream Finance (@StreamDefi) November 4, 2025

The company is currently withdrawing all liquid assets and is conducting a thorough investigation led by Keith Miller and Joseph Cutler from Perkins Coie. Stream is committed to maintaining transparency and will provide periodic updates during the investigation.

This is a developing story. Please come back for further updates.

A crypto whale deposited $500,000 in USDC into HyperLiquid today to open a 3x leveraged long position on ASTER, according to analytics platform Lookonchain.

The anonymous trader used the decentralized exchange’s perpetual futures platform to execute the large position. HyperLiquid supports leveraged trading across multiple crypto assets, including ASTER.

Crypto markets experienced a sharp liquidation event today, wiping out approximately $600 million in long positions within a single hour as leveraged traders faced massive losses.

The liquidation wave hit the volatile digital asset ecosystem during what appears to be another flash crash, forcing the closure of bullish bets across major cryptocurrency exchanges.

Recent crypto market volatility has triggered widespread liquidations of leveraged positions, particularly affecting retail traders on major exchanges. Flash crashes in the cryptocurrency space have led to rapid deleveraging events, resetting overextended trades across altcoins and Bitcoin.

Institutional accumulation during downturns contrasts with retail liquidations, signaling differing strategies amid ongoing market turbulence.

Solana’s official XRP account on Friday entered into a short back-and-forth with an XRP supporter who claimed that Ripple and its XRP token “are not on the same level” as Solana.

“If there is any!!! And I mean ANY DOUBT!!! that Ripple the company and XRP the asset are not on your level,” said the XRP supporter, tagging Solana and Western Union, which has tapped Solana for its upcoming stablecoin rollout.

The comment appeared under Ripple’s post promoting its upcoming Swell conference, which features institutional panels with executives from Citi, Franklin Templeton, and Fidelity.

“Correct, not on the same level,” Solana’s X account replied, before listing evidence of its growing institutional traction, including endorsements and integrations from Franklin Templeton, Citi, and Fidelity, as well as the approval of spot Solana exchange-traded funds in the US.

Earlier this week, Solana’s X account drew responses from members of the Ripple community after spotlighting Western Union’s decision to issue its stablecoin on Solana.

The announcement stirred debate among XRP supporters, as the remittance giant once explored Ripple’s blockchain technology and XRP for cross-border money transfers and capital optimization.