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Binance co-founder He Yi stated that the tightening macro environment and the changing sentiment towards AI financing prospects have led to short-term pressure on various markets, which is a normal reaction.However, she believes that the long-term development logic of Bitcoin and the cryptocurrency industry remains solid, institutional infrastructure continues to mature, market adoption pathways are constantly advancing, and volatility itself is also a part of the market's maturation process.

According to Gate market data, Bitcoin is currently priced at $64,837.80, with a 24-hour decline of 3.13%; Ethereum is currently priced at $1,806.59, with a 24-hour decline of 4.84%.CoinGlass data shows that the BTC position-weighted funding rate and the transaction volume-weighted funding rate are both at 0.0020%, overall in a bearish range; the ETH position-weighted funding rate has dropped to 0.0001%, and the transaction volume-weighted funding rate is -0.0003%, indicating that bearish sentiment is significantly stronger than BTC.Editor's note: CoinGlass standardizes the funding rates of various platforms to an 8-hour basis. The funding rate is a mechanism for the exchange of long and short funds set to keep perpetual contract prices close to spot prices. A funding rate of 0.01% indicates the benchmark rate; above 0.01% indicates a generally bullish market; below 0.005% indicates a generally bearish market.

According to Lookonchain monitoring, trader 0xc05b has encountered 7 liquidations in the past 10 hours, with a total liquidated position value of approximately 16.47 million USD.Among them, 172 BTC positions are valued at approximately 11.03 million USD, and 2984 ETH positions are valued at approximately 5.44 million USD.

According to on-chain analyst Yu Jin's monitoring, the largest treasury company of SOL, Forward Industries, transferred 1,882,812 SOL to Coinbase Prime 10 minutes ago, worth 130 million dollars.Forward Industries currently holds 8,727,000 SOL, worth 611 million dollars.

According to Catcher Predict monitoring, in the Polymarket event "Northwestern vs. Ohio State," the "Yes" option in the submarket "Game Goes to Overtime" has experienced significant fluctuations in winning probability, soaring from 31.5% an hour ago to the current 47% (a fluctuation of 15.5%). Please note the impact of related breaking news.

According to on-chain analyst Yu Jin's monitoring, 3 Pump.fun teams or early investor wallets unlocked 1.458 billion PUMP tokens 8 hours ago and transferred them to Coinbase Prime, worth 5.01 million dollars.These 3 wallets were allocated a total of 70 billion PUMP tokens, with the related tokens starting to unlock in July. The 1.458 billion PUMP tokens transferred to Coinbase Prime this month represent the amount unlocked by these 3 wallets this month; previously, 1.458 billion PUMP tokens were also unlocked last month, worth 7.58 million dollars at that time. The related wallet addresses are 85WTuj...5ERS, 96HiV4...NKVWM9, and ERRGqu...kdNYa.

U.S. Treasury Secretary Janet Yellen stated that excessive interest rate hikes would be inappropriate as the impact of energy supply shocks is about to fade. The Federal Reserve should focus on the future. The market is resilient. Bond auctions are strong, and there is robust demand for the dollar. There is confidence in the economy, the economic situation is very good, and there are no alarm signals.

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.

Multiple iOS music application developers have reported that their new apps have been stuck in Apple App Review for several weeks, including AudioThing, Igor Vasiliev, and Sugar Bytes. Apple's official review guidelines state that typically at least 50% of submissions are reviewed within 24 hours, and 90% are completed within 48 hours. AudioThing's Materia took 25 days to get approved, during which it was rejected once; its collaboration with Hainbach, Seconds, has been under review for 29 days. Pittsburgh Modular's Microvolt 3901 synthesizer VST version was released on October 27, while the iOS version has been delayed until November 12.Unfiltered Audio developer Michael Hetrick stated that Sinusoidal Run Rhythm was rejected four times for reasons including requests for a demo video, requests to prove the audio technology license for the term "Polyharmonic," and classifying SRR MIDI as a similar junk app to SRR. After more than a month of communication, the app currently only has an audio version released, while the MIDI version has not yet been launched. CRUX Synth developer Marek Dendes also mentioned that his app was rejected four times for reasons such as "designing junk content" and "duplicating existing apps," and despite multiple appeals, he has not received a response.

Matt Cole, the CEO of Bitcoin treasury company Strive, stated that Bitcoin has currently fallen to around $68,000, near the 200-week moving average, which historically has often been a good time to increase exposure to Bitcoin risk.Matt Cole mentioned that Strive has been able to continue issuing preferred shares during market downturns, thereby increasing Bitcoin's growth ratio. On December 31 of last year, when Bitcoin was approximately $87,500, Strive's growth ratio was 30%; as of September 30 of this year, when Bitcoin was around $83,600, that ratio had risen to 55%; after launching SATS and experiencing this round of decline, it has now exceeded 70%.Matt Cole also stated that since the beginning of this year, the stock price of Strive's ASST has increased by about 51%, while Bitcoin has fallen by about 19% during the same period, and the market has not yet fully reflected Strive's capital structure and long-term return potential.

According to monitoring by Lookonchain, Gambler (0x01e2...e977) has been liquidated 6 times in the past 12 hours, with a total liquidation of 404.86 BTC, worth approximately 28.9 million USD.Currently, it still holds 143.84 BTC in long positions, worth approximately 10.2 million USD, with a new liquidation price of 70712.57 USD.

According to Crypto Briefing, the Ethereum Foundation is launching an application called Universal Ethereum Signer on the Passport Prime hardware device from Foundation, running on its KeyOS operating system. The application was developed by Nicolas Bacca, co-founder of Ledger and current CEO of ZKnox, with funding from the Ethereum Foundation, and is currently in the testing phase.This application allows users to securely review and sign Ethereum transactions on isolated hardware without having to expose their private keys to their mobile phones or computers. For Passport Prime users, this is the first time the device can act as a dedicated signer for Ethereum transactions through a third-party application. Currently, users need to manually sideload the signing application onto Passport Prime. Foundation CEO Zach Herbert stated that a future application directory will allow trusted groups to push updates directly to users, expected to launch in the winter of 2026.

According to Gate market data, NVIDIA (NVDA.O) fell by 14%, with a market value dropping below $4 trillion for the first time since July 2025.

The Federal Reserve's interest rate hike combined with the central bank's increase of the foreign exchange deposit reserve ratio to 6% has led several banks to raise their USD fixed deposit rates again, with some products exceeding 4%.In October, the average benchmark performance of USD wealth management reached 4.1%. The interest rates of foreign banks have risen significantly, while the listed rates of state-owned banks remain around 2.8%, resulting in an inverted yield curve.

According to Onchain Lens monitoring, BlackRock transferred 4,189 BTC (approximately 305 million USD) and 68,230 ETH (approximately 139 million USD) from the ETF wallet to Coinbase Prime in the past 30 minutes, with a total asset transfer amount of approximately 444 million USD.

Tron, Tether, and Chainalysis announced the establishment of a joint initiative called the "Digital Crime Task Force," aimed at identifying and combating illegal activities utilizing USDT on the Tron blockchain. The three parties stated that the task force will collaborate with law enforcement agencies through intelligence gathering to shorten the interval from threat identification to enforcement action, accelerating the asset freezing process before criminals can transfer funds. Tron founder Justin Sun stated that millions rely on USDT on Tron to sustain their livelihoods and businesses, and as digital finance reaches more people, the ability to protect must also be enhanced accordingly.The establishment of the task force comes against the backdrop of rising threats from AI-driven scams and cyberattacks in the cryptocurrency industry. Chainalysis pointed out that by 2025, the profit efficiency of AI-enabled scams will be 4.5 times that of traditional methods, with identity impersonation scams increasing by over 1400% year-on-year. Tether CEO Paolo Ardoino stated that criminals are using AI to accelerate their actions, and waiting for victims to report is no longer sufficient; Tether has collaborated with over 360 law enforcement agencies in 73 countries to freeze over $7 billion related to illegal activities.The task force plans to cover threat types including investment and romance scams, hacking attacks, terrorist financing, and North Korea-related cyberattacks. This formation follows the dissolution of a previous alliance: in 2024, Tron, Tether, and TRM Labs established the "T3 Financial Crime Group," which, according to Bloomberg earlier this month, was disbanded due to slow response and lack of coordination among members. Earlier this week, the cross-chain interoperability protocol Across resumed operations after experiencing a domain hijacking, and blockchain infrastructure provider Chainstack also disclosed that it faced an AI-driven security breach last month, leaking customer names, emails, and password hashes.

According to the Hong Kong Securities and Futures Commission, it co-hosted a seminar with the Hong Kong Monetary Authority on November 11, attended by over 200 industry professionals. The seminar topics included the opportunities brought by tokenization for secondary market trading and corporate treasury management, financial infrastructure optimization measures supporting payment and liquidity management, the role of virtual asset trading platforms in facilitating tokenized fund trading and providing liquidity, as well as cases promoting the broader application of tokenized currencies and tokenized investment products.The Executive Director of the Investment Products Division of the Hong Kong Securities and Futures Commission, Wu Jiali, stated that the development of tokenization in Hong Kong is moving from the experimental stage to commercial application, with the next phase focusing on integrating tokenized investment products, digital currencies, and financial infrastructure to drive practical applications. The Assistant Chief Executive (Financial Infrastructure) of the Hong Kong Monetary Authority, Zhou Wenzheng, stated that the Monetary Authority will continue to work closely with the Securities and Futures Commission to promote responsible innovation in the field of tokenization.