Senate Agriculture Committee Chair John Boozman said bipartisan negotiations on the CLARITY Act have resumed, with a committee markup potentially occurring before Thanksgiving. Banking Committee Chair Tim Scott's office confirmed talks restarted after crypto industry leaders mediated following an earlier stalemate over controversial DeFi provisions, according to Boozman and spokesman Jeft Naft.

Bitcoin's blockchain activity has declined sharply in 2025, with daily transaction fees dropping from approximately 4.7 BTC in January to just over 2 BTC in May—a 56% decrease. Average block size has contracted by around 10% since the first quarter, settling near 1.53 MB. Despite reduced network congestion, Bitcoin maintains price levels above $110,000, though miners now depend more heavily on block subsidies as fee income diminishes.

Cipher Mining has signed a 15-year, $5.5 billion hosting agreement with Amazon Web Services to provide 300 megawatts of computing capacity for AI workloads starting in 2026. The deal marks the former Bitcoin mining company's shift to large-scale data center infrastructure. Cipher will deploy liquid-cooled and air-cooled systems in two phases, with the first phase scheduled for August 2026.

A trader managing a $10 billion portfolio has opened $37 million in Bitcoin longs and $18 million in Ethereum longs on Hyperliquid as both assets declined. The whale previously grew an initial $850 million investment to $10 billion. The trader correctly predicted three major market moves in 2025, including October's downturn that generated $200 million in profits.

Small Bitcoin holders have sharply reduced exchange activity, with daily deposits from wallets holding less than 0.1 BTC falling from approximately 552 BTC in early 2023 to 92 BTC currently, according to CryptoQuant data. The shift follows the January 2024 launch of spot Bitcoin ETFs, which provided regulated exposure channels that reduced direct exchange interaction. ETF flows and corporate treasury purchases have become the primary drivers of network demand, replacing traditional retail trading activity.

Bitcoin closed October 2025 down nearly 4%, marking its weakest October performance since 2014. Analyst TradingShot identifies a fractal pattern suggesting a potential 32% correction toward $87,000, citing rejections at key technical levels and similarities to early 2025 price action.

Strategy purchased 397 BTC between October 27 and November 2 for $45.6 million at an average price of $114,771 per coin, according to a company filing dated November 3. The acquisition brings the software-intelligence firm's total Bitcoin holdings to 641,205 BTC, representing a combined investment of $47.49 billion at an average cost of $74,057 per BTC. The company, chaired by Michael Saylor, financed the purchase through proceeds from at-the-market equity programs, raising approximately $69.5 million during the period.

Bitcoin and Ethereum spot ETFs recorded combined net outflows of nearly $290 million for the third consecutive session, with Bitcoin trading around $107,900—down 2.5% in 24 hours. BlackRock's IBIT led Bitcoin redemptions at $149 million, while Ethereum products saw $98.2 million in withdrawals. The sustained outflows signal caution among institutional investors as markets await clearer directional cues.