Monthly Archives: November 2025

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Longtime Houston Rep. Al Green switching to 18th Congressional District in run for reelection

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U.S. Rep. Al Green (D-Houston) ended months of speculation Friday night by declaring himself a candidate for Texas’ 18th Congressional District in 2026.

“We are here tonight, friends, because we refuse to allow President Donald Trump to decide for us who is going to represent us in the Congress of the United States of America,” said Green, speaking at his campaign kickoff event at the Wyndam Houston near NRG Park.

Green has represented Texas’ 9th Congressional District for more than 20 years. He became one of the central targets of Republican redistricting efforts this past summer, following intense pressure from Trump and Gov. Greg Abbott. State lawmakers moved the 9th from solidly Democratic territory in south and southwest Houston to Republican-leaning areas in eastern Harris County and Liberty County.

Much of Green’s traditional base, not to mention his own home, was redrawn into the 18th Congressional District. Green had stated as early as August that, while he would be on the ballot in 2026, he would not be a candidate for the 9th.

In the March primary, he likely will face the winner of a special election runoff to complete the term of the late U.S. Rep. Sylvester Turner, who served in the 18th District from January until his death in March. The runoff is between acting Harris County Attorney Christian Menefee and former Houston City Council member Amanda Edwards, both fellow Democrats.

“We’re going to fight for all sides of the 18th and 9th congressional districts, because these districts have come together now as one, and while they are the 18th, the 18th is the number that’s on the district, most of the people have come from the 9th congressional district,” Green said. “And I’m going to ask that you in the 9th now and in the 18th now as they exist, let’s start now to unify.”

The redistricting map is currently under legal challenge. A collection of civil rights groups and individuals have asked a panel of three federal judges to issue an injunction blocking the map from taking effect in time for the 2026 election. The panel has yet to issue a ruling, and the candidate filing period for that election begins Saturday.

Green is trying to claim the mantle of two of the three previous members of Congress for the 18th District, both of whom he had worked alongside: U.S. Rep. Sheila Jackson Lee, who died in July 2024 at the age of 74, and Turner, who died in March at the age of 70. Green himself is 78 and will be 79 by Election Day 2026.

He enters the primary just days after the first round of the special election to fill the remainder of Turner’s term. Menefee is 37, and Edwards is 43. Green alluded to the age difference, without naming his potential opponents in the Democratic primary, with a line reminiscent of one used by President Ronald Reagan against former Vice President Walter Mondale during the 1984 presidential campaign.

“There is some question about age, and I want you to know that I will not make an issue about anybody’s youthfulness,” Green said. “I think that people who are of age can run, so I want them to run.”

Green stressed his actions in office in making the case for the votes of residents of the new 18th Congressional District.

“You know that I will stand up to Donald Trump because you saw me do it,” Green said. “You know that I will fight for your health care because you’ve seen me do it. You know that I believe in raising the minimum wage to $25 an hour, because you’ve heard me say it.”

Green argued that, if Democrats retook control of both houses of Congress, they needed to pass the John Lewis Voting Rights Act, the George Floyd Justice in Policing Act, and the Protecting the Right to Organize (PRO) Act, overriding the use of the filibuster in the Senate if necessary, as Republicans had done in confirming Supreme Court Justice Neil Gorsuch, a Trump appointee.

“If we had used that rule, we could have prevented people from deciding now that where you are from does not allow you to buy land in the state of Texas,” Green said, in reference to Texas’ recently enacted Senate Bill 17. “We can protect people who happen to be of Asian ancestry, who have money in their pocket that they want to spend in this country to buy land, and they only want it for a residence, for a business.”

Finally, Green leaned into his record of having filed multiple articles of impeachment against Trump.

“I celebrate the people who are going to make sure that the Trumps of the world don’t have an opportunity to serve in office one day longer than they’ve already been there, which is why, when I go back to Congress, I promise you, I will file additional articles of impeachment to remove Donald Trump from office.”
https://www.houstonpublicmedia.org/articles/news/politics/2025/11/07/535536/al-green-18th-congressional-district-march-primary-houston-democrat/

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JPMorgan Just Bought 64% More Bitcoin ETF Holdings

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JPMorgan has disclosed a sharp increase in its holdings of the Bitcoin ETF IBIT, signaling rising institutional interest in cryptocurrency exposure. According to recent 13F filings, the bank reported holding 5,284,190 shares of IBIT, valued at $343 million as of September 30. This marks a 64% increase from its previous disclosure of 3,217,056 shares as of June.

The filings also revealed that JPMorgan holds IBIT options, including $68 million in call options and $133 million in put options. It is important to note that 13F filings aggregate holdings across all bank divisions, including those of high-net-worth clients. This means these positions may not be limited to the bank’s own balance sheet.

Bitcoin itself has remained volatile in recent months, hovering just above $100,000. However, institutional flows like JPMorgan’s growing ETF holdings underscore confidence in the cryptocurrency’s long-term prospects. The bank’s sizable purchase coincides with renewed interest in regulated investment vehicles such as ETFs.

### JPMorgan’s Bitcoin Embrace

JPMorgan analysts recently stated that Bitcoin now appears undervalued relative to gold. This follows a sharp sell-off in October, which pushed Bitcoin’s price down more than 20% from its recent record high of $126,000. The decline was driven by leveraged liquidations in the futures market and market anxiety after a $128 million Balancer hack.

According to JPMorgan analyst Nikolaos Panigirtzoglou, the ratio of open interest in perpetual futures to Bitcoin’s market cap has since normalized, indicating that most excess leverage has been flushed out. The bank’s analysis also shows that Bitcoin is trading at a discount to gold when adjusted for volatility.

As gold prices climbed above $4,000 per ounce, its volatility also increased, while Bitcoin’s volatility has eased. To reach parity with gold’s private-sector investment value on a risk-adjusted basis, analysts estimate Bitcoin would need to rise toward $170,000 — roughly two-thirds higher than recent levels.

JPMorgan forecasts “significant upside” over the next six to twelve months if current market conditions persist. This reinforces the case for Bitcoin as either an alternative to gold or a complementary asset for risk-averse investors.

### Expanding Crypto Services

In addition to its growing Bitcoin ETF holdings, JPMorgan is preparing to allow institutional clients to use Bitcoin as collateral for loans by the end of 2025. This move would expand the bank’s current acceptance of crypto-linked ETFs, signaling a broader embrace of cryptocurrency within its financial services.

At the time of writing, Bitcoin is priced near $101,290, according to Bitcoin Magazine Pro data. Earlier this quarter in October, Bitcoin hit an all-time high above $126,000 but has since dropped roughly 20% from those record highs.

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JPMorgan’s increased exposure to Bitcoin through ETFs, combined with bullish price forecasts and expanded institutional services, underscores a growing acceptance of cryptocurrency as a key asset class in the evolving financial landscape.
https://bitcoinethereumnews.com/bitcoin/jpmorgan-just-bought-64-more-bitcoin-etf-holdings/

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Polymarket’s Trading Volume May Be 25% Fake, Columbia Study Finds

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**Polymarket Accused of Inflated Trading Activity Due to Wash Trading, Columbia Study Finds**

Polymarket, one of the largest blockchain-based prediction markets, may have had its trading activity significantly inflated by a practice known as wash trading, according to new research from Columbia University.

In a paper published Thursday analyzing more than two years of on-chain data, the researchers estimate that nearly 25% of the platform’s historical volume involved users rapidly buying and selling contracts—often to themselves or with colluding accounts—to inflate activity metrics without changing their net market position.

Wash trading is illegal in traditional financial markets and generally frowned upon in crypto, though it remains common, especially where user identities can be hidden. The study’s findings suggest the volume of fake trades peaked at nearly 60% of weekly volume in December 2024 and has remained an ongoing issue through October 2025.

**Sports and Election Markets Most Impacted**

The research found that sports and election markets were the most affected. In some weeks, over 90% of trades in those categories appeared inauthentic. The researchers said they developed a novel algorithm to detect wash trading based on wallet behavior, focusing on how often users open and then quickly close positions—especially when trading primarily with other wallets that exhibit the same patterns.

This method allowed the team to identify not just simple back-and-forth trades, but also complex networks of wallets forming trading loops or clusters, some involving tens of thousands of accounts. One identified cluster of over 43,000 wallets was responsible for nearly $1 million in trading volume, mostly at prices under a penny, with nearly all of it flagged as likely wash trading. In some cases, traders appeared to pass contracts through dozens of wallets in rapid succession, sometimes even holding losing positions to give the appearance of legitimate trades. The study also found evidence of users reusing capital by transferring USDC across multiple wallets, further suggesting coordinated efforts.

**Incentives Go Beyond Profits**

Despite these suspicious activities, the paper notes that many of the suspected wash trading wallets made no real profits, suggesting that the goal may have been to game future incentives like token airdrops or platform rankings, rather than to generate financial returns.

Polymarket, which allows users to bet on binary outcomes using the USDC stablecoin, does not require identity verification and charges no trading fees—features the researchers argue may make it especially vulnerable to wash trading. The study also points to speculation over a potential future token as a possible incentive for volume manipulation.

**Ongoing Debate Over Manipulation Risks**

Polymarket has previously been accused of manipulation, particularly around sensitive markets such as the U.S. presidential election. However, not everyone buys the narrative. Harry Crane, a statistics professor at Rutgers, has argued that concerns about manipulation may be overblown, or even politically motivated.

> “I believe the narrative about manipulation is an attempt by legacy media to discredit these markets, which threatens their ability to control the narrative,” Crane told CoinDesk last year.

Still, the Columbia team argues that inflated volume can distort users’ perceptions of market sentiment. They propose using network-based algorithms to flag suspicious trading patterns and restore trust in these emerging financial tools.

**Polymarket Faces Scrutiny Amid U.S. Return**

Polymarket did not return a request for comment by press time. The company is currently in the middle of a formal return to the U.S. after previously settling charges with U.S. regulators. As part of this process, the company will issue a token, its chief marketing officer said last month. At the same time, Polymarket is reportedly looking to raise funds at an up-to-$15 billion valuation.

As attention grows towards prediction markets and their potential for both transparency and abuse, the research underscores the need for robust safeguards to ensure the integrity of on-chain platforms.
https://bitcoinethereumnews.com/tech/polymarkets-trading-volume-may-be-25-fake-columbia-study-finds/

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Duquesne pulls out win over Sacred Heart on 25-point performances from Hugley, Guinyard

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https://triblive.com/sports/duquesne-pulls-out-win-over-sacred-heart-on-25-point-performances-from-hugley-guinyard/

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Chase Elliott “extremely proud” by Hendrick Motorsports latest achievement

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**Hendrick Motorsports’ #9 Chevy Crew Named Most Valuable Pit Crew of the Season by Mechanix Wear**

Chase Elliott’s #9 Chevy crew at Hendrick Motorsports was honored as the Most Valuable Pit Crew of the season by Mechanix Wear for their outstanding performance during the 2025 playoffs. Elliott expressed his admiration for the dedication and hard work his team demonstrated, praising them for delivering when it mattered most.

Mechanix Wear evaluates pit crews based on a playoff-focused metric system that considers factors such as pit stop speed, positions gained or lost during stops, and the overall strength of each stop. Excelling across all these criteria, the #9 Chevy crew delivered the best postseason performance in 2025. Their resilience and relentless effort played a key role in keeping Chase Elliott in playoff contention throughout the season.

Reflecting on the team’s success, Elliott shared:
“I’m extremely proud of our whole group. They did an exceptional job all year, and I’ve touched on how impressed I was at Phoenix and the drive to want to continue to work hard and lay it all out there, even though we weren’t in the playoffs. They just had an incredible performance on pit road and an amazing way to cap off the season. I’m extremely grateful for their attitudes, their approach, how they pick me up when I’m down or whatever it takes; they’re willing to rise to the occasion.”

**Chase Elliott’s 2025 Season Recap**

Elliott completed the 2025 Cup Series season in eighth place overall. Over 36 starts, he secured two victories, 19 top-ten finishes, and 11 top-five finishes. He also led 454 laps during the year, posting an average finish of 12.6.

**Chase Elliott’s Thoughts on Rumored 2026 Cup Series Playoff Format**

Ahead of the 2025 postseason, former Cup Series champion Chase Elliott sat down for a pre-race interview with NASCAR journalist Dalton Hopkins at Darlington. During the interview, Elliott weighed in on rumors about a potential change to the 2026 playoff format.

Currently, NASCAR utilizes a 3-3-3-1 playoff structure, featuring three races per playoff round and the elimination of four drivers each round until the final four compete for the championship. However, NASCAR plans to revise the format next season to enhance fan engagement.

Elliott shared his perspective on the rumored changes:
“I think it would be better than what we have. Because you just have a larger amount of races at a round to decide. You know, it could, it seemingly would give an opportunity to, you know, have something that’s totally out of somebody’s hands, not completely derail their championship. What is now, you know, their shop. So, it seems like, is it perfect? Probably not. But I would say that that sounds better.”

**A Look Back at Chase Elliott’s NASCAR Journey**

Chase Elliott made his Cup Series debut in 2015 with Hendrick Motorsports, driving the #25 Chevy as a part-time rookie. He earned his first full-time seat in 2016, piloting the iconic #24 Chevy for two seasons before transitioning to the #9 car in 2018, where he continues to race today.
https://www.sportskeeda.com/nascar/news-chase-elliott-extremely-proud-hendrick-motorsports-latest-achievement

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MLS: Costarricense Alonso Martínez anota tanto que lleva al New York City a las semifinales de Conferencia

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El costarricense Adrián Alonso Martínez volvió a destacar en la MLS al marcar uno de los goles en la victoria del New York City FC, que se impuso 3-1 sobre Charlotte FC. Este resultado permitió al conjunto neoyorquino avanzar a la siguiente ronda de los playoffs.

El argentino Nicolás Fernández anotó los dos goles restantes para que la franquicia, perteneciente al mismo grupo empresarial que el Manchester City, se impusiera en la eliminatoria por un global de 2-1.

### Próximo rival en semifinales

El siguiente encuentro para New York City FC será contra el Philadelphia Union, primer sembrado de la Conferencia Este, en una serie a partido único.

### Otro gol para Alonso Martínez

El atacante costarricense Adrián Alonso Martínez anotó al minuto 50 tras una asistencia del enganche argentino Maxi Moralez, confirmando el gran momento que atraviesa en la liga estadounidense. Ha sido una pieza clave en el ataque del equipo.

Tras una gran corrida y una definición de clase, Martínez envió el balón al fondo de las redes, sellando su nombre una vez más en la historia del club.

“El mejor delantero de la MLS”, publicó el equipo en sus redes sociales, y no es para menos: el costarricense ha roto varios récords esta temporada y ya es el tercer máximo goleador en la historia del New York City FC.

### Goles argentinos definieron la eliminatoria

El argentino Nicolás Fernández abrió el marcador para los visitantes con una gran jugada individual en el minuto 45+2. El mediocampista, llegado en julio desde el Elche español, recuperó la pelota en su propia cancha y emprendió un contragolpe, llegando hasta el área rival para definir con un potente derechazo.

Charlotte descontó en el minuto 81 gracias al israelí Idan Toklomati y se lanzó en busca del empate de la mano del delantero marfileño Wilfried Zaha, exfigura del Crystal Palace. Sin embargo, el asedio local no rindió frutos.

Para sentenciar el partido, Nico Fernández anotó el gol final en el minuto 90+10 tras picar la pelota ante la salida del arquero croata Kristijan Kahlina.

### Conclusión

El triunfo de New York City FC abrió el telón a un intenso fin de semana de definiciones en la primera ronda de playoffs de la MLS, dejando a fans y equipos expectantes de lo que viene.
https://eldiariony.com/2025/11/07/mls-costarricense-alonso-martinez-anota-tanto-que-lleva-al-new-york-city-a-las-semifinales-de-conferencia/

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Maine women’s basketball falls in season opener to St. Joseph’s

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Adrianna Smith made an impressive return to the court in her first game since missing the entire last season due to a knee injury. The 2022-23 America East Player of the Year showcased her talent during the University of Maine’s season-opening 63-62 loss to Saint Joseph’s University on Friday in Orono.

Smith finished the game with an outstanding double-double, recording 25 points, 12 rebounds, and three assists. Despite Maine trailing 58-46 with just over four minutes left, Smith sparked a dramatic comeback. She initiated the rally with a three-pointer and later nailed a crucial layup with 24 seconds remaining, narrowing the Hawks’ lead to three.

Saint Joseph’s responded with two foul shots by Rhian Stokes, pushing their lead back to five. However, Smith answered again with another layup. Stokes added one of two free throws with 16 seconds left, but Asta Blauenfeldt sealed the game for the Black Bears with a buzzer-beating three-pointer as time expired.

Blauenfeldt contributed 16 points for Maine, while Sarah Talon of Windham added 10. Cheverus graduate Maddie Fitzpatrick, the 2024 Miss Maine Basketball winner who missed her freshman season due to injury, played 16 minutes but was held scoreless.

On the Saint Joseph’s side, Gabby Casey led with 19 points and nine rebounds. Faith Stinon scored 16 points, while both Rhian Stokes and Jill Jekot chipped in with 11 points each. The Hawks improved their record to 1-1 with the narrow victory.
https://www.pressherald.com/2025/11/07/maine-womens-basketball-falls-in-season-opener-to-st-josephs/

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100,000,000,000 Shiba Inu (SHIB) in 24 Hours Rekindles Bullish Narrative

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Following a significant change in on-chain activity, Shiba Inu (SHIB) has experienced a modest improvement in market sentiment. Data from CryptoQuant reveals that over 100 billion SHIB tokens have reportedly left exchanges in the past day. While some market observers interpret this outflow as a bullish signal, the reality is more nuanced.

### Shiba Inu’s Exchange Flows

On-chain data highlights a net outflow of approximately 27.3 billion SHIB tokens across exchanges today, suggesting that investors are withdrawing tokens rather than depositing them. Typically, this behavior indicates that participants prefer to hold their tokens instead of selling, a pattern commonly linked to phases of accumulation.

However, in the case of SHIB, these outflows have a statistically insignificant impact on the market due to the massive supply — over 589 trillion tokens in circulation. Despite this, sentiment still plays a crucial role, and SHIB appears to be benefiting from this psychological boost.

### Price Movement and Technical Indicators

Currently, SHIB is trading at around $0.0000092 on the daily chart, bouncing off its 2024 support zone near $0.0000090 and showing a slight 2% intraday gain. Yet, technical indicators present a mixed picture.

Short-term moving averages, such as the 20-day and 50-day MAs, are beginning to flatten, suggesting that selling pressure may be easing. However, the price remains below the 200-day EMA, which is typically a strong bearish signal.

The Relative Strength Index (RSI) stands at 38, indicating SHIB is still somewhat in oversold territory, which might explain the minor rebound. Nevertheless, there is little evidence of a substantial trend reversal, as the market lacks the speculative momentum fueling previous SHIB rallies, and trading volume remains low.

### Outlook

In summary, while the recent exchange outflows provide some optimism, they are unlikely to significantly influence SHIB’s price on their own. The overall market structure remains weak, and the price is expected to fluctuate between $0.000009 and $0.000010 unless there is a major shift in demand or liquidity.

The bullish narrative around SHIB may be regaining traction, but it appears to be driven more by sentiment than by fundamental changes in the market. Investors should approach with caution and monitor key indicators for any clearer signs of a trend reversal.
https://bitcoinethereumnews.com/tech/100000000000-shiba-inu-shib-in-24-hours-rekindles-bullish-narrative/

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Bucks’ Giannis Antetokounmpo posterizes Ayo Dosunmu in NBA Cup showdown

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The game is still alive, and Giannis Antetokounmpo’s poster dunk on Ayo Dosunmu is already the highlight everyone will be talking about. The Milwaukee Bucks lead the Chicago Bulls 53-52 at halftime in their NBA Cup group-play clash at Fiserv Forum. The sequence, shared by ClutchPoints on X (formerly Twitter), provided the emotional lift Milwaukee needed in a tight affair.

Antetokounmpo’s dunk came during a physical, low-scoring first half. The two-time MVP has recorded 13 points, five rebounds, and three assists in 18 minutes, according to the live ESPN box score—numbers that don’t tell the whole story. That poster slam temporarily paused the game and swung momentum toward the Bucks at a moment when every possession mattered.

Chicago has battled through injuries entering this Cup matchup. The Bulls were thin on depth, with several rotation players missing time leading up to tipoff. This made Ayo Dosunmu’s presence and willingness to attack the paint a notable subplot before the poster play. Even with a short bench, the Bulls have stayed in the game, trading blows possession for possession.

This NBA Cup contest has been an intense battle in the best way: grinding defense, contested shots, and a handful of momentum-shifting plays. Milwaukee has leaned on its transition bursts and solid defensive positioning, while Chicago has tried to manufacture quality looks through ball movement and offensive rebounds.

The close score underlines how small edges—a single dunk, a contested three-pointer, or a loose defensive rebound—could decide the outcome. The game remains in progress, and we can expect more highlight moments and swings in the second half.

For now, Giannis’ poster dunk stands as the defining instant of this matchup.
https://clutchpoints.com/nba/milwaukee-bucks/bucks-news-giannis-antetokounmpo-posterizes-ayo-dosunmu-nba-cup