US midterm elections vote today

Odaily reports, according to OKX market data, BTC has fallen below 77,000 USDT and is now trading at 76,993.6 USDT, down 1.38% in 24H.

Odaily: Today (November 3), the US midterm elections will hold their official voting day. As of October 31 local time, a record 50 million people had already voted early. This election is seen as Americans' assessment of the Trump administration's performance over nearly two years in office, and it will also affect the balance of power between Republicans and Democrats in Congress over the next two years, as well as their influence in various states. (CCTV International News)

Odaily reports: Japanese financial group SBI Holdings has announced that it will invest $100 million in US digital bank Erebor Bank through its US subsidiary SBI Holdings USA.Erebor was co-founded in 2025 by Anduril Industries co-founder Palmer Luckey, Owen Rapaport, and others. It has obtained a bank charter from the US Office of the Comptroller of the Currency (OCC) and deposit insurance eligibility from the US Federal Deposit Insurance Corporation (FDIC), and opened in February 2026. As of September 2026, the bank's deposits have exceeded $7 billion. Erebor primarily serves companies in defense technology, AI, energy, robotics, and advanced manufacturing, and supports stablecoin deposits and withdrawals as well as blockchain-based round-the-clock settlement.SBI stated that this investment aims to strengthen its business foundation in the US and deepen its understanding of next-generation digital banking, and that it will also explore opportunities for broader cooperation with Erebor in the future.

Odaily reports: Yi Lihua, founder of Liquid Capital, posted: "The short-term market has withstood this wave of black swans. Current midterm election expectations suggest Republicans will lose both chambers—if they win even one, that would be a positive. Meanwhile, US Treasury yields have already peaked, so there is significant divergence here. Many people are discussing an AI bubble, but AI demand is real—it's completely different from the internet bubble of the past. A short-term correction after overheating is very normal, and we are far from reaching major bubble territory."

Odaily Report: At 22:57, Tether Treasury burned 2 billion USDT on Ethereum.

Odaily Report: Tether CEO Paolo Ardoino stated that Tether has frozen over 4.5 million USDT related to the Mercado Bitcoin security incident.Mercado Bitcoin previously stated that a security incident occurred in one of its systems, with no customer losses and no data breach; as a precautionary measure, the platform temporarily suspended deposits and withdrawals.