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CZ stated that Binance did not sell any cryptocurrency assets, and he personally bought some cryptocurrency assets recently. He listed several possible factors for the market decline, emphasizing that correlation does not imply causation.

Solana co-founder Toly today responded to Bankless co-founder David Hoffman's earlier discussion on blockchain resource demands, stating that Solana has achieved the relevant goals and demonstrated a running test: Solana's mainnet full node, using less than a single CPU core of a low-end tablet and connected via 5G network, took only 10 seconds from zero to catch up with the latest on-chain block and participate in voting. This process also included parallel compilation (make -j) and initial snapshot synchronization.Previously, Toly stated in 2023 that the cost of running Solana would be lower than the total of all EVM chains, and the transaction volume would also exceed that of all EVM chains combined. At that time, David Hoffman responded by pointing out that Solana had not fully attempted to lower the threshold for node operation and emphasized that reducing resource demands is an important cultural requirement for the long-term operation of blockchain systems, believing that blockchains with lower resource demands are more sustainable.

OneKey founder Yishi posted on social media that the financial market's trading is never about yesterday's emotions, but rather about expectations of future consensus and liquidity. Recently, the price trend of BTC has left many investors feeling disappointed, and the entire crypto market has generally fallen into a state of fatigue, with some investors suffering severe financial losses and portfolio drawdowns.However, now is precisely not the time to succumb to despair. Market washouts and liquidity exhaustion are part of the cycle's evolution; similar phases were experienced in 2015, 2018, 2022, and will occur again in 2026. Even if BTC drops from $1 million to $500,000 in the future, the market may repeat this process. Core assets with real long-term value often establish their position when market attention is at its lowest and sentiment is most pessimistic.Investors should avoid using leverage and high-risk debt to bet on the cycle's bottom, steer clear of altcoins and fantasies of overnight wealth, and stick to core spot holdings while maintaining sufficient cash flow to ensure normal living. BTC often completes market washouts through extreme despair; only when market sentiment is completely frozen can the next round of trends begin. In a brutal market environment, survival is always the top priority, and time will ultimately filter out the investors who can endure through the complete cycle.

According to Bloomberg, Bitcoin fell to $62,000 over the weekend, hitting a new low since July. Unlike previous sudden crashes, this round of decline has gradually accumulated during relatively calm trading, and recently accelerated further with large-scale liquidations, putting continuous pressure on market investor confidence, leaving traders exhausted and desperate. On a macro level, the yield on the U.S. 10-year Treasury bond has risen above 5%, the dollar has strengthened, and persistent inflation has intensified market expectations for the Federal Reserve to tighten policies.Market analysis suggests that the short-term market direction largely depends on whether institutional demand can stabilize and whether the macro environment allows for a rebound in risk appetite. Before that, any rebound may still be relatively weak, and market volatility will remain high.Currently, all financial markets are in a risk-averse environment, with interest rates continuing to rise. Bitcoin's recent decline has erased most of the gains from its rebound above $87,000 from below $65,000, and the market is beginning to worry whether it will further drop below this year's low of about $58,000.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "Counter-Strike: Spirit vs FURIA - BLAST Rivals Playoffs," the "Map 4 Total Rounds: Over/Under 21.5" sub-market's "Over" option win rate has experienced a sharp fluctuation, dropping from 50% an hour ago to the current 28% (a fluctuation of 22%). Please note the impact of related breaking news.

Muneeb, the founder of the Bitcoin Layer 2 Stacks, posted on the X platform that liquidity is flowing out of the crypto market, which may be related to Anthropic's IPO next week. The reduction of $17 billion in stablecoin supply over the past month is an important indicator.At the same time, he believes the world is becoming increasingly uncertain, with both new opportunities and new concerns. During such times, volatility will also increase. Bitcoin sets the ceiling for the entire crypto industry; what other projects do is irrelevant, as they will ultimately fade away with the decline of Bitcoin.

According to Bloomberg, Bitcoin briefly fell to nearly $62,000 over the weekend, hitting a new low since July. Unlike previous sudden crashes, this round of selling mostly occurred during relatively quiet trading periods, with prices continuing to decline until the recent days when leveraged liquidations accelerated significantly. Many small-cap tokens have retraced years of gains, and the expansion of institutional participation and the popularity of spot ETFs have not been able to prevent this round of decline.Spot buying has weakened, while U.S. Treasury yields and the dollar have strengthened. From October 30 to November 13, nearly $3 billion flowed out of U.S. spot Bitcoin ETFs. Meanwhile, persistently high inflation has raised expectations for further tightening by the Federal Reserve, with the 10-year U.S. Treasury yield breaking above 5%, increasing the opportunity cost of holding non-interest-bearing assets like Bitcoin. The Binance hacking incident has reignited market concerns about the security of trading platforms, and the results of the U.S. midterm elections have added to policy uncertainty.The Anthropic IPO may divert funds, but the scale is still unclear. Joshua Lim, co-head of market operations at FalconX, pointed out that discussions about the reasons for the decline have focused on two aspects: nearly $20 billion in stablecoin balances that have flowed out over the past month, and the potential impact of the Anthropic IPO on liquidity. Bloomberg noted that the IPO received a large number of subscriptions, and some investors may sell other holdings, including crypto assets, to raise funds, but it is currently unclear how much money has directly shifted from the crypto market to this IPO.Bitcoin rebounded from below $65,000 in August to above $87,000 in late September after the U.S. Treasury announced an expansion of long-term Treasury buybacks, but it has now retraced most of those gains, with the market refocusing on the year-to-date low of about $58,000. Ayesha Kiani, Chief Operating Officer of Monarq Asset Management, believes that short-term trends mainly depend on whether institutional demand can stabilize and whether the macro environment can allow risk appetite to recover. Before that, any rebound may be difficult to sustain, and market volatility will remain high.

The CISO of Slow Fog stated that there are underground forums selling a remote control tool claimed to support iOS versions 13 to 27.2, equipped with a centralized control panel.Attackers are said to be able to deliver phishing links via SMS, chat software, or email, attempting to gain device access after users click on them, thereby stealing Keychain data, chat records, file credentials, and data related to encrypted wallets. They can also monitor cameras, microphones, location, and screens, and support remote Shell and multi-device management.The tool claims to have six capabilities: initial access, privilege escalation, persistence after reboot, data export, real-time monitoring, and remote control, involving techniques such as bypassing pointer authentication (PAC), escaping sandboxes, and obtaining kernel read/write permissions.However, the CISO of Slow Fog expressed doubts about its compatibility, believing that its claim to support iOS 27.2 may be exaggerated or have stability issues, and speculated that the tool could be an upgraded version of Darksword. They also reminded users to update their systems in a timely manner, exercise caution when clicking on unknown links in SMS, emails, and chat software, and pay attention to the security of their devices and encrypted assets.

Coinkarma founder Benson Sun published a review of the recent market situation, stating that many traders have given back their previous profits during this downturn, with some accounts experiencing withdrawals of several million or even tens of millions of dollars, and some have lost everything and exited the market.He believes that based on the information available in September, it was not unreasonable for several traders, including himself, to judge that the market was in the "early stages of a bull market."Benson Sun stated that the subsequent events, including the Binance hack, the Democratic Party taking control of both houses of the U.S. Congress, and Jensen Huang stepping down, changed the premises on which the original judgment was based. The trading results did not meet expectations, but that does not mean the reasoning at the time was incorrect; however, when the premises change, one should not cling to the original judgment or completely deny the previous analysis.He wrote: "What should be upheld is the analytical framework, not the conclusions."

According to Lookonchain monitoring, ShapeShift founder Erik Voorhees (0x335...4a22) spent 4.75 million dollars to buy 2504 ETH in the past hour, with a purchase price of 1896 dollars per coin.

The sudden resignation of NVIDIA CEO Jensen Huang has raised concerns in the South Korean AI industry regarding GPU supply and collaboration on AI infrastructure. In response to market worries about changes in the supply of the next generation of GPUs and AI collaboration, the South Korean government assessed and stated that the GPU supply stipulated in existing contracts is expected to remain unaffected by this management change. Currently, approximately 13,100 NVIDIA B200 GPUs have been deployed, and plans to introduce new generation GPUs such as Vera Rubin are also expected to proceed as originally planned.It is reported that NVIDIA has collaborations with South Korean companies such as NAVER, Hyundai Motor Group, SK Telecom, and Kakao Mobility in the fields of AI data centers, autonomous driving, and robotics. The market believes that the impact on existing contracts in the short term is limited, but the speed and priority of future new investments, technical support, and strategic collaborations will still depend on the decisions of the new management.

According to Catcher Predict monitoring, the probability of the "Yes" option in the sub-market "Brook Lopez: Points O/U 9.5" for the event "Thunder vs. Clippers" on the prediction market Polymarket has experienced significant fluctuations, rising from 33% an hour ago to the current 58% (a fluctuation of 25%). Please note the impact of related breaking news.

Maple, the on-chain asset management platform, CEO and co-founder Sidney Powell stated that co-founder Joe Flanagan and COO Ryan have decided to leave. Powell co-founded Maple with Joe Flanagan in 2019. Powell mentioned that the two parties have gradually differing views on the future path of Maple, leading Joe Flanagan to choose to leave, and Ryan also deciding to resign. Powell stated that the departures are unrelated to the loan book and business health, and Joe Flanagan will support the transition until the end of 2026, while he will continue to lead the team.Powell stated that DeFi remains at the core of Maple, and existing DeFi partnerships are among the largest channels, with the company continuing to build in this area. He believes that the next step for on-chain finance is the convergence of DeFi with traditional finance, as well as fintech companies and new banks serving a large number of users. Maple plans to open underwriting strategies through Maple Earn to more allocators who wish to understand the sources of returns, and expand to more fintech companies, exchanges, and platforms through Maple Embed, allowing users to earn from real credit.Powell noted that despite the challenges faced by DeFi this year, as of the end of the third quarter, Maple's revenue for the year has increased by 82% compared to 2025. Since 2019, Maple has issued over $20 billion in loans through more than 400 loan arrangements, with assets under management growing 50 times over three years, peaking at $4.9 billion, and distributing over $150 million in returns to lenders, primarily from interest repaid by borrowers. Currently, over 150 institutional lenders are collaborating with Maple, with more than 50 partners building based on Maple Embed. Powell stated that the credit team continues to underwrite and monitor loan arrangements in the usual manner, daily operations are normal, and withdrawal requests are processed according to the standard procedures of each fund pool.

Cardano founder Charles Hoskinson stated during a YouTube live Q&A that the roadmap for Cardano has been completed, and all the features he previously promised to build have been realized. This statement came in response to a confrontation with a dissatisfied investor, shevilkid1738, who claimed that he had promised Cardano would surpass Bitcoin. Hoskinson responded that he never made such a promise, only expressing a hope to see that outcome, and believes Cardano is a better store of value than Bitcoin for multiple reasons, but he does not guarantee a price increase.Hoskinson introduced that the roadmap is divided into five phases: Byron, Shelley, Goguen, Basho, and Voltaire. The mainnet launched in September 2017 with Byron, Shelley introduced staking in July 2020, the Alonzo hard fork brought smart contracts in September 2021, the Vasil upgrade entered the scaling phase Basho in September 2022, and the Chang hard fork will open the governance phase Voltaire in September 2024; the Plomin hard fork in January 2025 will grant ADA holders actual voting rights, completing fully decentralized governance.He stated that the network is now self-governing, and he no longer has power over it, believing that the core demand of investors is actually the price, bluntly saying, "You want me to pump the price." Market data shows that ADA reached an all-time high of $3.09 in 2021, currently around $0.17, down approximately 94% from its all-time high and down 86% from the January 2024 high of $1.21.

U.S. Treasury Secretary Janet Yellen stated that Nvidia (NVDA) is an outstanding company that can continue to grow without relying on its founder.

Telegram founder Pavel Durov commented on Jensen Huang's departure, stating that the "rookie mistake" made by Huang was establishing a board of directors. Durov recalled that he was ousted by the board in 2014 for telling intelligence officers "no," and jokingly remarked about the intelligence allegations surrounding Huang that regardless of saying "yes" or "no," the board could still push founders out.Pavel Durov ultimately advised entrepreneurs: "Don't set up a board of directors; be the board of directors yourself."

Telegram founder Pavel Durov stated that he was ousted by the board in 2014 for refusing to cooperate with intelligence agents, while NVIDIA founder Jensen Huang was removed by the board in 2026 for associating with a person labeled as a spy.Durov used this to mock that founders should control the board.

The Indian cryptocurrency exchange Unocoin has released an update on the event investigation, stating that it has received the necessary information and explanations from the custodian service provider BitGo. BitGo has frozen its corporate account as requested by Unocoin on November 6, and it is currently confirmed that the freeze measures are in effect as expected.Unocoin stated that the transactions in question were not executed through the BitGo platform, but were completed externally with direct signing and broadcasting to the blockchain network. Preliminary investigations indicate that the BitGo multi-signature wallet, originally intended as a backup mechanism to ensure user asset access when the service provider is unable to provide services, may have been exploited.