Bitcoin edges higher as Tether confirms 150,000 BTC holdings, while THORChain halts swaps after the Binance hack.
MoneyTurkey | Talk of the Town | 3 November 2026
Key points
- Tether’s Bitcoin holdings now stand at 150,000 BTC, 50,000 above its published reserve figure.
- THORChain has halted cross-chain swaps after Ethereum reorganisation linked to Binance hacker flows.
- Bitcoin and Ethereum ETFs saw 1.3 billion dollars withdrawn over the past two days.
- A7A5 leads the gainers with a 583.1 percent rise in 24 hours.
The crypto market is bouncing back today after Tether revealed it now holds 150,000 Bitcoin, 50,000 more than its last reserve report. Bitcoin is trading at 77,801 dollars, up 1.5 percent in the last 24 hours, while Ethereum has gained 2.0 percent to 2,289.51 dollars. Attention is also fixed on THORChain, where swaps of Bitcoin and Ether have been paused following the recent hack.
Blue chips
Bitcoin’s 1.5 percent gain to 77,801 dollars is being linked to Tether’s larger-than-reported BTC stash. Ethereum has climbed 2.0 percent to 2,289.51 dollars, even as investors pulled 1.3 billion dollars from Bitcoin and Ethereum ETFs in two days.
BNB is up 0.7 percent at 699.11 dollars, helped by faster token burns. XRP has risen 2.5 percent to 1.28 dollars after a ledger flaw was fixed, while Solana is 2.3 percent higher at 93.47 dollars following a validator incident.
| Coin | 24h | Price | Market cap | Why it moved |
|---|---|---|---|---|
| Bitcoin (BTC) | +1.5% | $77,801 | $1.6T | Tether boosts reserves |
| Ethereum (ETH) | +2.0% | $2,289.51 | $279.7B | ETF outflows hit |
| BNB (BNB) | +0.7% | $699.11 | $91.9B | token burns accelerate |
| XRP (XRP) | +2.5% | $1.28 | $81.0B | ledger flaw fixed |
| Solana (SOL) | +2.3% | $93.47 | $55.2B | validator incident |
Biggest gainers
A7A5 has surged 583.1 percent in 24 hours to 0.012 dollars, taking its market cap to 450 million dollars. THORChain is 17.5 percent higher at 0.64 dollars despite the swap halt, while Kamino has gained 15.0 percent to 0.034 dollars after a 20 million dollar tokenized lending push.
Pieverse is up 10.8 percent at 1.15 dollars after defending the 1 dollar level. Kinetiq has added 10.6 percent to 0.49 dollars as its buyback programme expands.
| Coin | 24h | Price | Market cap | Why it moved |
|---|---|---|---|---|
| A7A5 (A7A5) | +583.1% | $0.012 | $450M | — |
| THORChain (RUNE) | +17.5% | $0.64 | $190M | swaps halted over hack flows |
| Kamino (KMNO) | +15.0% | $0.034 | $190M | $20M tokenized lending push |
| Pieverse (PIEVERSE) | +10.8% | $1.15 | $340M | defends key level |
| Kinetiq (KNTQ) | +10.6% | $0.49 | $190M | buyback program expands |
Biggest losers
Bitway leads the decliners, down 9.8 percent to 0.97 dollars amid mounting unlock pressure. Beam has fallen 7.2 percent to 0.0041 dollars after stolen tokens were burned.
Unibase is 4.1 percent lower at 0.11 dollars following its AI memory launch. Plasma has slipped 3.7 percent to 0.064 dollars on an unwind hitting support, while Provenance Blockchain is 3.6 percent lower at 0.0063 dollars.
| Coin | 24h | Price | Market cap | Why it moved |
|---|---|---|---|---|
| Bitway (BTW) | -9.8% | $0.97 | $1.5B | unlocks pressure builds |
| Beam (BEAM) | -7.2% | $0.0041 | $190M | stolen tokens burned |
| Unibase (UB) | -4.1% | $0.11 | $300M | AI memory launch |
| Plasma (XPL) | -3.7% | $0.064 | $300M | unwind hits support |
| Provenance Blockchain (HASH) | -3.6% | $0.0063 | $420M | — |
Talk of the Town asks
Which story moves the market most for you?
This wrap started on X: @FercanY.
For information only. Not investment advice.
Sources
- AMBCrypto — RUNE sees major sell-offs after FBI's demand to block Binance hacker transactions sparks debate: link
- CryptoTicker.io — THORChain halts Bitcoin and Ether swaps: Binance loot stalls, RUNE down 18 percent: link
- CryptoRank — THORChain Halts Cross-Chain Swaps After Ethereum Reorganization as RUNE Drops 18%: link
- Bybit — Convert 1 KMNO (Kamino) to OMR (Omani Rial): link
- Bybit — Convert 0.1 KMNO (Kamino) to EUR (EUR): link
- Bybit — Convert 0.01 ISK (Icelandic Króna) to KMNO (Kamino): link
- AMBCrypto — Can PIEVERSE escape its September downtrend after defending $1?: link
- CoinMarketCap — Pieverse Price Movement: Token Unlock on 14 Oct 2026: link
