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Chairman James Comer of the House Oversight Committee, a Republican, has called for new restrictions on government officials' participation in prediction markets, including the possibility of a complete ban. The committee released the conclusions of an investigation that began in May of this year on Friday, which examined the risks of government officials, military personnel, and those with security clearances using insider information to place bets in prediction markets. Comer stated that the committee reviewed 1,700 pages of documents and heard five bipartisan staff briefings provided by prediction market companies.Comer stated that Congress must consider further reforms to prevent public corruption and restore the American people's trust in the government. The committee believes that relevant reforms should legislate restrictions on the types of bets federal employees, lawmakers, and congressional staff can participate in within prediction markets, or directly implement a complete ban. The committee's memorandum noted that whether a complete ban on prediction market trading is imposed or only restrictions on certain contracts related to government, applying such restrictions to officials across all branches of government would reinforce the ethical expectation that government personnel should not use non-public information obtained through their positions for personal financial gain.This concern has intensified over the past year, stemming from an active-duty U.S. Army soldier using confidential information to bet on Polymarket before the arrest of former Venezuelan President Nicolás Maduro, after which government personnel, including a former White House teleprompter operator, were also found to have profited from insider information. The committee also suggested that Congress push for prediction market companies to share necessary information with federal agencies to enforce restrictions. Both Kalshi and Polymarket have stated that they have taken measures to strengthen controls, and in April of this year, the Senate passed a resolution banning lawmakers from trading in prediction markets.

Bitwise CEO posted on platform X, stating that the minimum amount for physical Bitcoin ETF trading is now $1 million, significantly reduced from $50 million a year ago. He thanked the team and partners for their efforts in expanding participation channels.

According to CNBC, HSBC analyst Frank Lee downgraded Nvidia's rating from "Buy" to "Hold," and lowered the target price from $365 to $170, indicating only about a 2.3% upside from Thursday's closing price.Lee believes that the stock price will remain under pressure until Nvidia clearly establishes a formal succession plan and the new CEO proves their execution capability. Currently, Chief Financial Officer Colette Kress is serving as the interim CEO.Lee also pointed out that the risk of the U.S. tightening chip export restrictions further cannot be ignored. Over the past six quarters, about 11% of Nvidia's revenue came from markets outside the U.S. and Taiwan, and HSBC believes these markets may become the focus of tightened export restrictions.In HSBC's pessimistic scenario, if export restrictions lead to an 11% reduction in Nvidia's revenue for the fiscal year 2028 compared to the baseline scenario, earnings per share could drop to $13.57, approximately 13% lower than HSBC's baseline forecast of $15.65, and about 14% lower than the market consensus of $15.77.

Josh, the Vice President of Engineering for DeFi at Polymarket, announced on platform X that the new trading system Nex, rewritten in Rust, has opened for sandbox testing. The system has mirrored production orders in shadow mode over the past week to verify latency, load stability, and matching accuracy, and has not officially launched yet.The disclosed internal testing data shows that the order placement latency P99 has decreased from 1.55 seconds with the existing Central Limit Order Book (CLOB) to 3.76 milliseconds, but this metric does not represent end-to-end latency. The team plans to conduct 4 weeks of shadow testing, and if it runs well, it is expected to launch in mid-December; WebSocket improvements may be released earlier.

According to Bitcoin Magazine, Robinhood announced its operational data for October, with nominal trading volume in crypto assets at $17 billion, a decrease of 21% month-over-month and a decrease of 48% year-over-year, compared to $32.5 billion in the same period last year.This data covers both the main Robinhood app and the crypto exchange Bitstamp, acquired in 2025. The trading volume on the Robinhood app fell to $6.8 billion, down 24% month-over-month and down 51% year-over-year; Bitstamp recorded $10.2 billion in transactions, down 18% month-over-month and down 45% year-over-year. The average daily crypto trading volume across both platforms was $548 million, lower than September's $713 million and last year's approximately $1.05 billion; the average daily transaction count was about 700,000, compared to 900,000 in September and 1.1 million in October last year.In contrast to the crypto business, the prediction market saw growth. In October, users completed 5.9 billion event contracts, an increase of 5% month-over-month and an increase of 136% year-over-year, compared to 2.5 billion contracts in the same period last year, with an average daily transaction of 190 million contracts. Robinhood aggregates crypto and prediction market statistics over a 31-day calendar, allowing users to bet on outcomes related to elections, sports, and economic data.During the same period, nominal stock trading volume increased by 2% year-over-year to $325 billion, with options contracts totaling 289 million, an increase of 8% year-over-year; margin balances were $22.9 billion, an increase of 39% year-over-year. The number of funded customers increased by about 130,000 to 2.89 million, with net deposits of $15.1 billion, and total assets on the platform were $383 billion, down 3% month-over-month and up 12% year-over-year.The decline in crypto trading volume coincides with a general retreat of retail investors. Bitcoin closed at about $83,500 at the end of September and has continued to decline, dropping below $70,000 for the first time since August on Friday morning, following a higher-than-expected inflation report that raised market bets on a Federal Reserve rate hike in December. The U.S. spot Bitcoin ETF saw net outflows for the sixth consecutive trading day on Thursday, with the largest, BlackRock's IBIT, experiencing outflows of about $2 billion over the nine trading days ending Wednesday, erasing all net inflows for the spot Bitcoin ETF in 2026.Robinhood did not specify the reasons for the decline in crypto trading volume; this monthly data is unaudited and preliminary. The company obtained a license in Dubai in October and will offer Bitcoin and stock trading in the Middle East starting in 2027; during the month, cash and deposit balances fell by 20% to $16.4 billion, which the company attributed mainly to customers being net buyers, a decline that has largely reversed by early November.

Coinbase CEO Brian Armstrong stated that Coinbase stores over 99% of the crypto assets it manages in cold wallets and uses the latest AI models to enhance defenses, sometimes gaining early access to model capabilities. He mentioned that Coinbase's security design takes into account the possibility of employees being deceived, ensuring that no single individual, computer, or system can independently transfer user funds. He also noted that seven of the largest banks in the world have chosen to collaborate with Coinbase, which holds over 80 licenses globally.AI agents in finance are a key focus for Coinbase. Armstrong cited predictions that by 2030, the transaction volume processed by AI agents could reach between $3 trillion to $5 trillion. He believes that crypto networks are suitable as infrastructure for agents to execute transactions, and developing financial accounts for AI agents is one of Coinbase's priorities.Regarding tokenized stocks, Armstrong stated that the trading volume of tokenized stocks on Base has exceeded $5 billion. He believes that tokenized stocks are more accessible than traditional stocks and can be integrated with DeFi protocols, allowing holders to earn yields on their stock assets.On the topic of perpetual contracts for U.S. stocks, Armstrong indicated that Coinbase has been advocating for the compliance of such products in the U.S. for years and welcomed collaboration with the heads of the SEC and CFTC on this matter. He pointed out that perpetual contracts for stocks are already being traded in markets outside the U.S. He also previewed that Coinbase Pro is set to launch soon, but did not provide a specific timeline in the post.

According to Gate market data, the Nasdaq 100 Index fell more than 1%, reaching an intraday low, while the S&P 500 Index decreased by 0.4%.

ChainCatcher reports, according to RootData market data, US stocks intraday chip stocks down: AMD.O down 3.1%, AVGO.O down 2.2%, MU.O down 2%, ARM.O down 1.7%, KLAC.O down 1.7%, AMAT.O down 1.7%.

Jamie Selway, the head of the Trading and Markets Division of the U.S. Securities and Exchange Commission (SEC), stated that the current financial markets are rapidly changing, with trading gradually moving towards 24-hour continuous operation, and new investment tools such as tokenized securities and perpetual contracts entering the market one after another.The U.S. Treasury bond market is about to implement centralized clearing, and reforms to the core mechanisms of the National Market System (NMS) are also under discussion, while the influence of retail investors and passive management institutions in the market has exceeded historical norms.Market changes create rich opportunities for new research, but as data becomes increasingly prevalent, the main challenge facing research has shifted from obtaining differentiated data to processing the ever-growing massive datasets. Researchers are increasingly using super-intelligence-driven tools to find answers, and the SEC will promote better utilization of super-intelligence and strengthen collaboration with academia. Recently, DERA has relaunched its distinguished visiting scholar program.

According to Cointelegraph, Israeli police arrested five people on Tuesday in a money laundering investigation involving approximately 16 million shekels (about 5 million USD). The related cryptocurrency transactions were arranged through a WhatsApp group.Investigators from the Lahav 433 Economic Crimes Unit suspect that the gang provided cryptocurrency services without a license and did not report transactions to the Israeli tax authorities. Police stated that the gang used fictitious agreements to make the cryptocurrency profits deposited into bank accounts appear as loans.Authorities seized wallets, computers, and tens of thousands of shekels in cash during searches of the suspects' residences. Investigators questioned the five individuals on suspicion of money laundering, fraud, and providing financial asset services without a license.

The dYdX Foundation announced on platform X that it has initiated an on-chain vote for the dYdX Chain software upgrade v9.9, which will end on November 16 at 19:32. Due to Circle decommissioning USDC on Noble, this upgrade will introduce a Canonical USDC module, gradually transitioning the underlying supported asset for USDC on the dYdX Chain from Noble USDC to Injective USDC, while the token identifier and user balances for on-chain USDC will remain unchanged.After the migration begins, USDC deposits will only be supported through Injective, and deposits from Noble (including CCTP transfers routed through Noble) will be rejected and returned; USDC withdrawals can choose between Noble or Injective, and withdrawals to other chains will no longer be supported.Once the Noble-supported portion is cleared, withdrawals to Noble will be closed upon governance approval. If on-chain USDC does not receive sufficient support, deposits and withdrawals will be automatically suspended, but trading will not be affected. If the vote passes, the upgrade is expected to be completed around November 18 at 01:00.

U.S. Treasury yields rose on Friday as traders increased bets on a Federal Reserve rate hike in December. The 10-year Treasury yield, a key benchmark for mortgages, auto loans, and credit card debt, rose 2 basis points to 5.1271%. The 30-year Treasury yield, which is more sensitive to geopolitical risks, increased 3 basis points to 5.4602%. The 2-year Treasury yield, which is typically more sensitive to the Fed's short-term rate decisions, fell 1 basis point to 4.8525%. One basis point equals 0.01%, and yields move inversely to bond prices.Earlier, during Thursday's trading session, the 10-year Treasury yield rose more than 13 basis points and broke above 5%, while the 2-year Treasury yield increased by more than 15 basis points. According to the CME Group FedWatch tool, traders are currently pricing in a 100% probability of a rate hike at the Federal Reserve's meeting on December 9, with a nearly 87% chance of a 25 basis point increase and about a 13% chance of a 50 basis point increase. Energy inflation remains a concern, with oil prices expected to record a second consecutive week of decline, and the likelihood of renewed U.S. action against Iran decreasing. Oil prices fluctuated in early trading on Friday, with December West Texas Intermediate crude futures falling 0.1% to $88.63 per barrel, while Brent crude rose 0.3% to $96.11 per barrel. The October Producer Price Index will be released later on Friday, with the market expecting a month-over-month increase of 0.4%, down from 1.3% in September.

According to statistics from Lookonchain, "Brother Ma Ji" Huang Licheng has been liquidated over 2,100 times on the perpetual contract trading platform Papertrade, with a total trading loss of 2.22 million USD on that platform.

According to RootData, the top three assets by depth on the Gate platform are MU, SOXL, and KORU, with depths of 9.04 million USD, 8.89 million USD, and 8.83 million USD respectively; the top three assets by daily trading volume are SOXL, NVDA, and SNDK, with trading volumes of 517 million USD, 329 million USD, and 219 million USD respectively.

According to information from the official website, the official front-end website of the NFT trading platform Blur has officially shut down. The Blur marketplace protocol will continue to operate on-chain, and the fee switch for the BLUR token will remain active.NFT bids and listings that existed on the site have been canceled. This page allows users to retrieve their corresponding assets, including ETH in the Blur liquidity pool balance, as well as NFTs or ETH bound in outstanding loans.

According to Ember Monitoring, trader AguilaTrades has closed a short position of 500 BTC opened at $71,697, with a net profit of approximately $1.3 million.

UPBIT will stop trading support for MANTRA (MANTRA) on December 14, 2026, at 15:00. The affected trading pairs include MANTRA/KRW, MANTRA/BTC, and MANTRA/USDT. Users must complete the withdrawal of related assets by January 13, 2027.

RootData launches tokenized asset analysis features, presenting the specific performance of the platform's tokenized business around dimensions such as internal trading, transactions of self-issued products in covered trading venues, contributions from top assets, and on-chain activities. It also provides AI interpretations by sector to help users understand data changes and the underlying trading structures.Users can view relevant data in the "Tokenized Assets" section of the exchange details page, identifying the main assets driving overall trading increases or decreases through comparisons of transactions over different time periods, Top 5 asset performance, and changes in trading volume. They can observe transaction concentration and trading distribution. Additionally, by combining on-chain holding addresses, active addresses, and other indicators, users can understand changes in holdings and activities beyond just trading heat.

According to monitoring by Lookonchain, the trader 0xe813, who previously had a 100% win rate, is currently facing an unrealized loss of 7.3 million USD on their ETH long position.This trader had previously made 10 profitable trades, accumulating a profit of 6.32 million USD, but this current trade has wiped out all profits and resulted in an overall loss exceeding 1 million USD.

On November 13, the 100% stablecoin-based exchange UXUY, incubated by Binance Labs and invested by YZi Labs, announced that its App's latest version v2.0.7 has officially launched the Social Trading v1 section, further connecting AI hotspot discovery, opinion exchange, and trading operations.In the UXUY App, the earnings leaderboard covers 7 days, 30 days, and all periods, allowing users to view traders' profit performance and review their opinions and judgment basis at the time of buying and selling, summarizing experiences based on trading results to optimize their own trading strategies. AI insights automatically filter popular tokens and push relevant social hotspot information in real-time, enabling users to publish text or voice opinions around related tokens, exchange market judgments, and complete transactions with one click. The personal homepage supports a centralized display of positions, profit and loss performance, and holding opinions, making it convenient for users to share asset allocation and holding logic.UXUY founder Kevin stated, "We are helping more users understand on-chain trading, understanding the decision-making logic of top traders through real holdings and opinions, lowering the understanding and participation threshold for on-chain trading. At the same time, we are also leveraging AI to filter truly useful market information for users, discover potential profit opportunities, and provide assistance for asset research and trading judgments."