Web3热宝

Declare that other accounts are not me, this account is me, Twitter (web3 hot treasure).

Regular investment in Bitcoin, long-termism, pulling hair to engage in contracts, once entering the crypto world, it's as deep as the sea, from now on, it's hard for gamblers to repent.

Today’s Crypto Brief | November 11

Good evening, guys!! After all the CPI excitement today, the market basically went “take a hit first, then grind back up”~

1️⃣ Prices: I just checked CoinGecko: Bitcoin is around 74,000 (almost flat over 24h, down about 0.5%), with an intraday low around 72,700; ETH is around 2,059 (down about 1.8% on the day), with a low around 2,010. BNB is around 682, SOL around 84. Total market cap is around $2.46 trillion, down about 3.2% over 24h. The Fear & Greed Index is 29, still in fear territory~
My take: It’s true that we bounced back from 72,700, but don’t mistake “recovering” for a reversal, haha. Around 74,000, we’re still grinding.

2️⃣ Rate-hike expectations are now set in stone!!! Last night’s October CPI came in at 0.4% month over month overall and 0.3% for core, right on the line Waller drew. According to the CME FedWatch figures cited by several media outlets (around November 11): there’s roughly a 90% chance of a 25-basis-point hike in December and a little over 10% chance of a 50-basis-point hike; basically, no change is no longer being priced in. U.S. stocks fell last night, with the Nasdaq down about 0.7% and the S&P 500 down about 0.4%; Nvidia also got slammed, dropping around 5.5% (Yahoo Finance).
My take: Let’s stop fantasizing that “once the data’s out, we’ll take off”—that’s it~ Expectations are still firm, so don’t chase the initial bounce.

3️⃣ Institutional ledgers are still bleeding: According to SoSoValue, U.S. spot Bitcoin ETFs saw net outflows of around $95 million on November 10 (Tuesday), marking a fourth consecutive trading day of outflows. ETH ETFs saw net outflows of only around $1.32 million on the same day. The amount has shrunk, but the trend hasn’t turned around yet.
My take: Smaller outflows don’t mean institutions are back. Don’t celebrate too soon before the ledger turns positive.

4️⃣ Altcoins are getting hit even harder: ZEC is leading the sell-off today!!! I just checked CoinGecko: it’s around 989, down about 14% over 24h and around 23% over 7 days, with an intraday low around 963. Yahoo Finance noted that this is the first time it’s fallen below 1,000 since early September~ When something has surged a lot, it’s the first to get sold off in a panic, haha.
My take: Don’t interpret “altcoins getting hit first” as meaning Bitcoin has bottomed—that’s it!!!

5️⃣ What to watch tonight: Today is Veterans Day in the U.S. The U.S. stock market opens as usual at 22:30 Shanghai time tonight, but the bond market is closed, so liquidity will be thinner. The bond market won’t reopen until Thursday; on Friday at 21:30 Shanghai time, the U.S. Bureau of Labor Statistics will release October PPI.
One quick note on AI: In a speech in Washington yesterday (original text on the Federal Reserve website), Fed Vice Chair for Supervision Bowman also pointed out that if returns on AI investments fall short of expectations, the stock market could see a sizable correction. She also mentioned that AI-related debt is expected to exceed $800 billion this year. Sentiment around Nvidia is still shaky, so in the short term we’ll have to see whether U.S. stocks can hold up~
My take: Don’t go crazy with leverage during a holiday session. Watch first, then make a move—that’s it!!!

Overall: Fear is still here, institutions are still selling, and rate-hike expectations are firmer. Bitcoin held the 72,700 level, but that doesn’t mean it’s on solid footing yet. I’m not chasing this bounce; first I’ll see whether U.S. stocks and the ETF flows can turn positive~

What do you think—when U.S. stocks open tonight, will Bitcoin hold 73,000 first, or will it test the lows again?

$BTC $ETH
#加密快报 #Crypto

Hey fam!! The institutional ledger has updated again, and it’s been outflowing for the fourth trading day in a row!!!

Data updated by SoSoValue today: U.S. spot Bitcoin ETFs saw total net outflows of about $95 million on November 10 (Tuesday)—that’s four straight days of outflows. BlackRock’s IBIT alone saw about $78.24 million flow out, while Fidelity’s FBTC shed about $36.79 million; among the 12 funds, Morgan Stanley’s MSBT was pretty much the only one seeing inflows, at about $20.03 million haha.

That’s about half the $201 million outflow from the previous day, but don’t celebrate too soon!!! IBIT’s outflows alone already outweighed MSBT’s inflows. Put simply, the biggest fund is still seeing redemptions, and real buying hasn’t returned yet～

ETH was almost flat by comparison: on the same basis, U.S. spot ETH ETFs saw net outflows of only about $1.32 million that day, versus about $184.5 million the previous day. The outflows have shrunk, but the four-day trend still hasn’t reversed.

Honestly, don’t take “smaller outflows” to mean institutions are back and call it a day!!! CPI just came in hot, rate-hike expectations are still firm, and until the ledger turns positive, don’t chase a short-lived rebound.

I just checked CoinGecko: BTC is around 73,900 (down about 1.2% over 24h), ETH around 2,070 (down about 2.5% in a day), BNB around 681, and SOL around 83. The total crypto market cap is around $2.48 trillion, down about 3.8% over 24h. The Fear & Greed Index is 29, still in fear territory～

Do you think these redemptions are easing and things are about to stabilize, or are institutions just selling more slowly while the trend remains unchanged?

$BTC $ETH
#ETF #Crypto

Guys!! Leverage has piled up to a level rarely seen in two years. One CPI shock, and the bulls got blown up first!!!

What FXStreet spotted today (Nov. 11): In a Tuesday report, K33 Head of Research Vetle Lunde said Bitcoin perpetual futures open interest had reached around 353,000 BTC, putting it at the 99th percentile of readings over the past two years. Only 1.2% of trading days in that period saw similar levels. Even crazier, open interest rose about 12% over the past 30 days, while Bitcoin's price actually fell around 10%!!!

K33 also said funding rates on Binance and Bybit are both rising, suggesting some traders are still seeking long exposure near key support. But that doesn't mean the market is overwhelmingly bullish, haha. A drop could force long liquidations and add more pressure; a rally could force shorts to cover. Over the past 18 months, whenever open interest climbed above around 350,000 BTC, it coincided with turning points several times—the October 2025 peak, the November sell-off that year, and the bottoming process in late June 2025.

What's even more painful is how closely it's tied to U.S. stocks: K33 said Bitcoin's 30-day correlation with the Nasdaq has reached 0.75, also at the 99th percentile since 2020. During last Thursday's sell-off, Nasdaq futures plunged 7.1% in a single day (their worst day since March 2020), and Bitcoin followed with a 5.5% drop. They also looked back at previous moves: in 8 of the 9 times a Nasdaq rebound held, Bitcoin also rose, with a median gain of about 2.9%; in all 7 cases where the rebound failed, Bitcoin fell, with a median loss of about 21%. Seriously, in the short term, we still need to see whether this Nasdaq bounce can hold. Don't just stubbornly ride it out!!!

The market action makes it even clearer: I just checked CoinGlass—around $204 million worth of Bitcoin positions were liquidated over the past 24 hours, with longs accounting for about 86%. Hotter CPI and firmer rate-hike expectations—leveraged longs were the first to get blown up.

Seriously, just don't go piling on leverage right now!!! Positions are near extremes, so volatility will be amplified. It's Veterans Day today too: U.S. stocks are open, but the bond market is closed, meaning thinner liquidity.

I just checked CoinGecko: Bitcoin is around $73,700 (down about 1% over 24h), ETH around $2,061 (down about 2.4% in a day), BNB around $683, and SOL around $83. The total crypto market cap is around $2.48 trillion, down about 4.1% over 24h. The Fear and Greed Index is at 29, still in fear territory~

Do you think the liquidations are over and things can stabilize, or is there still too much leverage to unwind—and another leg down ahead?

$BTC $ETH
#杠杆 #Crypto

Guys!! Binance posted an announcement yesterday and has completely halted transfers related to MEXC!!!

Official Binance announcement (November 10, titled “Important Notice: Matters Related to Transacting with Certain Cryptocurrency Platforms”): After the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) named MEXC a “primary money laundering concern,” Binance immediately stopped processing transactions involving MEXC and its affiliated entities. Transfer requests from Binance to these addresses will be rejected; funds coming in from there will be temporarily held for compliance review. Accounts may be restricted during the review, and in serious cases, services may be terminated outright under the terms of service!!!

You might remember the background: FinCEN’s order on November 6 accused MEXC of handling at least $16 billion in funds connected to illegal activity between May 2021 and May 2026. Just a heads-up: these are allegations by U.S. regulators, not a court conviction, haha. The order won’t formally take effect for covered U.S. institutions until 30 days after it’s published in the Federal Register, but Binance has already taken action; Star, the founder of OKX, also warned on the 8th not to transfer directly from MEXC to OKX for now.

Seriously, don’t panic and think you can just “quickly move your funds elsewhere” and be done with it!!! The biggest danger right now isn’t the announcement itself—it’s scammers in your DMs claiming they can speed up the unfreezing process, offering intermediary addresses, or asking for an unfreezing fee. Only contact Binance through its official customer support. Don’t click unfamiliar links, and definitely don’t send another so-called security deposit.

I just checked CoinGecko: Bitcoin is around 73,600, ETH around 2,059, and BNB around 681; the Fear & Greed Index is at 29, still in the fear zone~

If you still have funds in your account that came from MEXC, or you’re about to transfer funds there, are you stopping and waiting for an official notice, or have your funds already been held?

$BNB $BTC
#监管 #Crypto

Guys!! Last night’s October CPI came in hotter than expected, and Bitcoin plunged straight through $74,000!!!

Official data from the U.S. Bureau of Labor Statistics (November 10): Headline CPI rose 0.4% month over month, versus the Dow Jones consensus of 0.3%; core CPI (excluding food and energy) rose 0.3%, versus expectations of 0.2%—core inflation has been stuck at 0.3% for three straight months. It was a little slower than September’s 0.6%, but still hotter than expected!!! Shelter rose 0.3% month over month, accounting for more than 30% of the overall increase by itself; food rose 0.5%, and energy rose 0.7%. And here’s the catch: because the government shutdown last October meant data wasn’t collected, officials still aren’t publishing the year-over-year figure this time, haha.

What stings even more is that this data landed right on the line Waller drew this morning!!! In his London speech, he said that if core inflation is still around 0.3% or higher, a 50-basis-point hike in December should be considered. Dallas Fed President Logan also weighed in after the data came out, saying she thinks at least two more 25-basis-point hikes are needed, and that the pace could even pick up this winter~

U.S. stocks made their displeasure clear last night: the Nasdaq closed down about 0.7%, and the S&P 500 fell about 0.4% (AFP / AP). The 10-year Treasury yield closed at around 4.98%, while the 2-year yield rose about 17 basis points to 4.73%. According to CME FedWatch, a 25-basis-point hike in December is now almost fully priced in, and the odds of a 50-basis-point hike have risen from near zero to a little over 10%.

Seriously, stop fantasizing that “CPI comes out and we take off” is all there is to it!!! The data came in hot and rate-hike expectations are firmer, so don’t chase the initial bounce.

I just checked CoinGecko: Bitcoin is around $73,600 (down about 2% in 24 hours), already testing—and even slightly breaking below—the weekend low of $73,800; ETH is around $2,053 (down about 3.5% in a day), BNB around $681, and SOL around $83. The total crypto market cap is around $2.47 trillion, down about 4.3% in 24 hours. The Fear & Greed Index is 29, still in fear territory~

One more catch today: it’s Veterans Day in the U.S. Stocks are open as usual, but the bond market is closed, so liquidity will be thinner. Don’t go piling into leverage just yet; let’s wait until the bond market reopens Thursday and then see where things are headed!!!

Do you think Bitcoin will hold $73,000 first, or keep sliding toward $70,000?

$BTC $ETH
#CPI #Crypto

Today’s Crypto Briefing | November 10

Evening, folks!! The market spent the day “grinding while waiting for data”—tonight is the main event~

1️⃣ Prices: I just checked CoinGecko: BTC is around 74,200 (almost flat over 24h), ETH around 2,095 (back below 2,100 again), BNB around 689, and SOL around 85. Total market cap is about $2.47 trillion, down around 2.7% over 24h. The Fear & Greed Index is at 32, still in fear territory~
My take: It briefly got close to 75,000 this morning, but it’s been ground back down. Don’t call “not making a new low” a reversal, haha.

2️⃣ The biggest bombshell of the day was Fed Governor Waller!!! He spoke in London today (the original is on the Fed’s website): even if tonight’s October CPI looks a little better than September’s, he still supports a 25-basis-point hike in December. If core CPI is still around 0.3% month over month—or even higher—he thinks a 50-basis-point hike in December should be considered. His exact words were, “Only raising rates by 25 basis points would put the Fed’s credibility at risk.” He doesn’t want to take that chance.
This evening, Cailian Press cited CME FedWatch: the odds of a 25-basis-point hike on December 9 have risen to about 95.6%, while the odds of no change are down to just 4.4%. The target range would reach 4.00%–4.25%.
My take: Stop fantasizing that “soft CPI means we take off”—that’s not the whole story!!! Even people at the Fed are spelling it out~

3️⃣ Institutional flows are still bleeding: According to SoSoValue, U.S. spot ETH ETFs saw net outflows of around $184.5 million on Monday, November 9, marking a third consecutive trading day of outflows. BlackRock’s ETHA alone saw about $119.3 million leave. And you saw the Bitcoin numbers during the day too: Farside reported net outflows of around $201 million on the same day. The Nasdaq staged a huge rebound on Monday, but institutions kept redeeming anyway—they didn’t care one bit!!!
My take: Don’t chase a bounce until real buying comes back.

4️⃣ A quick note on AI: Reuters noticed that Anthropic, the company behind Claude, sent banks an IPO pricing document and then recalled it~ The initial reports said around 867 million shares, priced at $70 to $80, for a maximum raise of about $69.3 billion. The company said the figures were inaccurate and would be updated later. Things are starting to wobble on the AI side too—don’t pretend nothing’s happening, haha.

5️⃣ What to watch tonight: At 9:30 p.m. Shanghai time, the U.S. Bureau of Labor Statistics releases October CPI. Dow Jones expects headline CPI to rise about 0.3% month over month, and core CPI about 0.2%. Because missing data from last year’s government shutdown makes a year-over-year comparison impossible, the official report won’t include year-over-year figures this time!!!
My take: A hot reading could revive expectations of a 50-basis-point hike, but a cool one doesn’t mean we take off right away. Don’t pile on leverage before the data—wait for the release and then decide!!!

Overall: Fear is still here, institutions are still bleeding, and Waller just made the case for rate hikes even more forcefully. I’m still not chasing highs or using leverage. Let’s digest tonight’s CPI first and take it from there~

What do you think is scarier tonight: data coming in hotter than expected, or BTC first going to test that 73,800 weekend low?

$BTC $ETH
#加密快报 #Crypto

Bros!! US stocks bounced hard on Monday, but the institutional money is flowing right back out!!!

Data updated today by Farside Investors: US spot Bitcoin ETFs saw net outflows of around $201 million on Monday, November 9—making it the third trading day in a row with outflows. BlackRock’s IBIT alone saw about $213.2 million leave, while ARK’s ARKB saw around $9.9 million in outflows. Of the 12 funds, pretty much the only one seeing inflows was Morgan Stanley’s MSBT, with around $22.1 million coming in, haha.

Don’t forget, last week (November 2–6) already saw net outflows of around $1.28 billion—the worst week since late June. The Nasdaq bounced back on Monday, but institutions are still redeeming. They clearly don’t care about the rally!!!

CoinDesk (November 10) also noted analysts saying that even if October CPI comes in soft tonight, it might only trigger a brief spike. For a sustained recovery, we’ll need to see spot ETFs return to net inflows and actual buying in the market. BRN put it even more plainly: Bitcoin needs real buyers, not a lucky break in one data release. If the numbers come in hot, expectations for a December rate hike could rise again.

Honestly, don’t treat “CPI comes out tonight and we take off” as a signal to go all in!!! Reduce your leverage before the data comes out.

I just checked CoinGecko: BTC is around $74,700 (almost flat over 24h), ETH around $2,122, BNB around $690, and SOL around $86. The Fear & Greed Index is at 32, still in fear territory. October CPI will be released by the US Bureau of Labor Statistics tonight at 9:30 p.m. Shanghai time.

What do you think we should focus on more tonight—the CPI numbers, or whether institutions keep pulling money out?

$BTC $ETH
#ETF #Crypto

Hey folks!! The NYSE is about to hand the clearing and settlement of tokenized stocks over to Avalanche!!!

An official CoinDesk / Ava Labs press release (November 9) says that an upcoming alternative trading system (ATS) affiliated with the NYSE will use Avalanche as the core ledger for clearing organizations, with the goal of enabling trading, clearing, and settlement 24 hours a day～ But let’s be clear: it still needs regulatory approval and hasn’t launched yet, haha.

Here’s the key point—don’t get it twisted!!! Ava Labs Chief Business Officer John Nahas made it very clear in an interview with CoinDesk: the NYSE will build its own custom chain based on Avalanche technology that meets regulatory requirements. It’s not simply going to put stock settlement on the Avalanche public blockchain～ In plain English, Wall Street wants speed, controllable costs, and the ability to control who gets access—not to let people freely move stocks around on a public blockchain.

The system will also connect to the NYSE’s own Pillar trading engine. Clearing, settlement, and custody will happen on-chain, and they also plan to use stablecoins for funding. Stocks can be issued on different chains, but their recordkeeping and settlement will connect to this custom chain. Around the same time, Nasdaq and DTCC are also pushing their own tokenization infrastructure. Wall Street is really scrambling to claim its place on the rails!!!

Seriously, don’t take “the NYSE chose Avalanche” to mean AVAX is about to take off tomorrow and that’s the end of the story～ Traditional exchanges moving the settlement layer on-chain is a real long-term development, but in the short term, we still have to see whether regulators approve it.

I just checked CoinGecko: BTC is around $74,700 (almost flat over 24 hours), ETH around $2,119, BNB around $689, SOL around $86; AVAX is around $8.55, down about 7% on the day. The Fear & Greed Index is at 32, still in fear territory～ October CPI is also due tonight at 21:30 Shanghai time, so don’t go crazy with leverage before the data comes out.

What do you think: will tokenized stocks on these “exchange-built chains” first improve settlement efficiency, or just become another speculative theme?

$AVAX $BTC
#代币化 #Crypto

Hey folks!! The hackers have come up with a new way to launder the stolen Binance funds—this time, they’re creating their own meme coins!!!

A November 9 report from blockchain analytics firm Elliptic (both CoinDesk and The Block picked up on it): after roughly 6.3 billion was stolen on October 29, the launderers created at least six junk meme coins on NEAR between November 5 and 7 (FUK, OLCCL, MEILI, MMLI, DABI, SINU). Each one cost about 25 NEAR to create, or around $90～ Then they set up a separate liquidity pool for each coin, paired with NEAR.

The trick is pretty sneaky: one set of wallets used the stolen NEAR to buy these meme coins, while another set sold the coins back into the pools and took out the NEAR～ With a liquidity pool in between, there were no direct transfers between the two sides, making it look like “profits from normal trading,” haha. Elliptic co-founder Tom Robinson said these six coins were basically trading with themselves; genuine outside buyers accounted for less than 1% of the trading volume in every coin. Trading in all of them stopped on November 8, and four of them also pulled the remaining liquidity from their pools.

This move shifted about 117,000 stolen NEAR, worth roughly $430,000. That’s not a huge amount, but Elliptic warned that this method is extremely cheap and could easily be scaled up. The same tactic has also appeared on Tron, while on Solana, they used existing obscure coins for similar operations～ The FBI previously attributed this theft to North Korea’s TraderTraitor group. Note: these are blockchain-tracking findings and law enforcement allegations, not a court conviction.

What’s even more painful is that about 11.8 million of the stolen NEAR are still untouched, worth roughly $43.7 million～ Elliptic says this trick doesn’t hide where the funds are going; it mainly just slows down the investigation.

Seriously, don’t trust DMs promising to “recover your stolen funds” or offering an “inside channel”—they’re all scammers!!! If you spot a newly created meme pool that nobody’s heard of, assume it could be a laundering channel, not a chance to get rich.

I just checked CoinGecko: BTC is around 74,500, ETH around 2,112, BNB around 688, and SOL around 86; the Fear & Greed Index is at 32, still in the fear zone～ October CPI is also due at 9:30 p.m. Shanghai time tonight, so don’t go wild with leverage before the data comes out.

Do you think they’ll scale up this tactic to launder an even bigger amount?

$BTC $BNB
#币安 #安全 #Crypto

Hey folks!! Big news on Coinbase: its federal trust charter has officially come through!!!

Coinbase said in its official blog (November 9) that the Office of the Comptroller of the Currency (OCC) has granted Coinbase National Trust Company final approval～ CoinDesk also spotted the news that same day: the conditional approval from April has now been upgraded to a formal national trust bank charter. The company says the OCC approved it last Friday (November 6).

Just a heads-up: this isn’t the kind of commercial bank that takes deposits and makes loans, haha. Coinbase made it very clear too: it won’t take retail deposits or use fractional-reserve banking; the main goal is to bring its custody business under a federal regulatory framework, with payment products potentially rolling out over time. Its BitLicense and state trust charter from the New York State Department of Financial Services (NYDFS) are still in place～

On the same front, Ripple also received a formal OCC trust charter last month. But community banks aren’t happy: the Independent Community Bankers of America (ICBA) has sued the OCC, saying it overstepped its authority by granting this kind of charter to crypto companies!!!

Honestly, don’t take “getting a charter” to mean Bitcoin is about to take off tomorrow and that’s the whole story～ This is more about institutional custody moving closer to the traditional financial system. It’s a real long-term development, but in the short term we still need to see actual buying with real money.

I just checked CoinGecko: Bitcoin is around 74,800 (pretty much flat over 24h), ETH around 2,121, BNB around 689, and SOL around 86; the Fear & Greed Index is at 32, still in fear territory～

What do you think—does this kind of federal custody charter matter much to everyday users, or does it mainly make it easier for institutions to get involved?

$BTC $ETH
#监管 #Crypto

Hey folks!! The Nasdaq made a huge comeback last night, but Bitcoin didn’t follow!!!

US stocks closed higher on Monday (November 9): the Nasdaq Composite gained 2.74%, and the S&P 500 rose 2.35% (The Motley Fool / Yahoo Finance). The semiconductor index was even stronger, up about 6.9% (Seoul Economic Daily, November 10). A sharp drop in oil prices helped, and tech stocks were broadly picking up bargains, haha.

But Nvidia itself still got hammered, falling 4.27% to close at $178.67 (after closing at just $186.64 on Friday)~ The news about the board investigation was still priced in at the open!!!

What really stings is Bitcoin: after dropping to around $73,800 over the weekend, it was still stuck around $75,000 this morning. Some media outlets, citing CoinDesk, said it tracked US stocks closely on the way down, but often failed to keep up when they rebounded~ Honestly, don’t just assume “the Nasdaq rallies, so crypto takes off” and call it a day!!!

Tonight is the real main event: the US Bureau of Labor Statistics releases October CPI at 9:30 p.m. Shanghai time. Dow Jones expects headline CPI to rise about 0.3% month over month, and core CPI about 0.2% (compared with 0.6% and 0.3%, respectively, in September; CNBC). There’s another catch: because last year’s government shutdown left data missing for the same period, the official report won’t include year-over-year figures this time!!! Markets are now pricing in a little over an 80% chance of a rate hike in December. A hot reading could push those expectations higher, while a cool one doesn’t mean an immediate takeoff~

I just checked CoinGecko: Bitcoin is around $75,000 (virtually flat over 24 hours), ETH around $2,124, BNB around $690, and SOL around $86; the Fear & Greed Index is at 32, still in fear territory~ No going crazy with leverage ahead of the data!!!

What do you think will happen when CPI comes out tonight: will Bitcoin hold above $75,000 first, or go back down to test the weekend low?

$BTC $ETH
#CPI #crypto

Today's Crypto Brief | November 9

Good evening, folks!! To put it simply, today's market has been all about “getting dumped over the weekend, then grinding some more on Monday”~

1️⃣ Prices: I just checked CoinGecko: Bitcoin is around 74,000 (down a little over 2% in 24h), ETH around 2,105 (down nearly 6% in a day), BNB around 681, and SOL around 86. The total market cap is about $2.47 trillion, down roughly another 5% in 24h. The Fear & Greed Index is at 29, still in fear territory~
My take: After dipping to around 73,700 over the weekend, Bitcoin spent the day stuck around 74,000, grinding sideways with no real strength to push higher. Don’t mistake “it hasn’t made a new low” for a reversal signal, haha.

2️⃣ That weekend dump still hurts: According to CoinDesk / CoinGlass (November 8–9), liquidations topped $1 billion over 24 hours, with longs making up about 90%; Bitcoin briefly plunged to around 73,800, its lowest level since August, and ETH also dipped below 2,100. The weekly chart stings even more: some analysts noted that Bitcoin closed this week around 74,900, below the 50-week moving average (around 75,500)—the first time in two months!!!
My take: A weekly close below the moving average doesn’t mean everything gets wiped out tomorrow, but it does show this correction is more than just a “small pullback”~

3️⃣ The Nvidia story didn’t do much to put anyone at ease after the US stock market opened, either~ CoinDesk was tracking NVDA down more than 4% in premarket trading, and computing-power cloud stocks weakened along with it. Crypto was the only market open over the weekend, so when risk sentiment turned, leverage got hit first. Whether traditional markets can absorb the shock on Monday is the real test.
My take: When the AI narrative wobbles, Bitcoin wobbles too. Don’t count on “the Nasdaq saving crypto” right now!!!

4️⃣ Institutional flows haven’t turned positive yet: Last week, US spot BTC ETFs saw net outflows of about $1.28 billion (the heaviest since late June), while ETH ETFs shed another roughly $365 million, marking their sixth straight week of outflows (The Block / SoSoValue). We may not have the full picture on Monday’s inflows and outflows tonight, so don’t celebrate too early~

5️⃣ Over at Binance: Alpha opened withdrawals today across four networks—BSC / ETH / Base / Arbitrum (TechFlow, November 9)—rolling them out in stages. Also today is the deadline for Senator Blumenthal to receive Binance’s confirmation that it got his request for documents. The first batch is due November 30, with everything due by January 4, 2027~
My take: If withdrawals are open, withdraw first—don’t wait for “everything to open.” Regulatory requests for paperwork don’t mean everything gets shut down tomorrow, but the pressure is getting more real!!!

6️⃣ What to watch tomorrow: At 21:30 Shanghai time, the US Bureau of Labor Statistics releases October CPI. CoinDesk’s weekly calendar says the market expects about 0.2% month over month (versus 0.6% last month); year-over-year inflation reached 3.7% last month. A hot reading could revive rate-hike worries, while a cool reading doesn’t mean prices will take off right away~
My take: Don’t pile into leverage before the data. Just wait for the numbers, then make your move!!!

Overall: Fear is still here, institutions are still selling, and the weekly chart has broken below its moving average. I’m still not chasing highs or using leverage. Let’s see if the pullback stabilizes and wait for CPI to come out before making plans~

What worries you more: tomorrow’s CPI coming in hotter than expected, or Bitcoin dipping to 70,000 first?

$BTC $ETH
#加密快报 #Crypto

Hey guys!! Binance Alpha has opened up another round of withdrawals today!!!

DeepChao TechFlow / CoinLive (November 9) spotted an official announcement: Binance Alpha has resumed withdrawals on four networks—BSC, Ethereum, Base, and Arbitrum. The official statement says that once a batch passes security checks, it’ll be opened up, and more assets and networks will be restored in stages.

They’d already reopened withdrawals for HYPE, APT, and some coins on Ethereum and Solana (ENA, PENDLE, LINK, JUP, WIF, and others were on the list), haha. Basically, the “stop the bleeding first, then reopen in batches” approach after the theft is still rolling out.

Seriously, if you can withdraw, don’t put it off!!! Don’t wait until everything’s reopened before taking action, and don’t trust anyone in your DMs offering to “speed up your withdrawal” or “move your funds for you”—they’re all scammers, plain and simple～

I just checked CoinGecko: BTC is around 74.4K, ETH around 2,128 (still down over 4% in 24 hours), BNB around 684, and SOL around 87. The Fear & Greed Index is at 29, still in fear territory～ There’s also October’s CPI data tomorrow (November 10) at 21:30 Shanghai time, so don’t go wild with leverage before the numbers come out!!!

Have you managed to withdraw the coins stuck on Alpha today?

$BNB $BTC
#币安 #提现 #Crypto

Bros!! There’s a super important date today, and Binance really needs to keep its eyes on this!!!

On November 5, U.S. Senator Richard Blumenthal (Democrat, and about to become chair of the Senate Permanent Subcommittee on Investigations) sent letters demanding records to Binance, Tether, World Liberty Financial, and Fight Fight Fight LLC, the issuer of the TRUMP coin. KuCoin Daily / BlockchainReporter (November 9) both picked up on it.

The most telling deadlines: the letter asks Binance CEO to confirm receipt with the subcommittee by today (November 9), with the first batch of documents due starting November 30. The final deadline for all four to hand everything over is January 4, 2027—right after the new Congress convenes. By then, he may have gone from “ranking member of the minority” to chair, haha.

What did he say? They’ve repeatedly requested records over the past 18 months, and Binance “has not submitted any responsive records”; if they still don’t comply, they’ll consider “other measures”—the market broadly reads that as subpoenas, end of story!!! Tether was also called out over that September 28 report, which said USDT had become a key funding channel for Iran’s shadow banking network. Note: this is an investigative request, not a court conviction.

Honestly, after Democrats sweep both chambers in the midterms, regulators aren’t just going after legislation—they’re also going to flex their investigative powers!!! Don’t mistake a “request for records” for a raid happening tomorrow, but the paperwork pressure on Binance, stablecoins, and projects linked to the Trump family is really going to ramp up over the next few months~

Just checked CoinGecko: Bitcoin’s around 74.7K, ETH around 2,136, BNB around 687; the Fear & Greed Index is 29, still in fear territory~ Tomorrow (November 10) at 21:30 Shanghai time, October CPI is also due, so don’t go piling on leverage before the data drops!!!

Do you think Binance will hand over the records quietly, or drag things out until a subpoena arrives?

$BNB $BTC
#监管 #币安 #Crypto

Bros!! Nvidia is responsible for half the blame for this weekend’s market dump!!!

What CoinDesk spotted (the evening of Nov. 8 through Nov. 9): Nvidia’s board has launched an independent investigation. The trigger was reports that CEO Jensen Huang was having an affair with a senior executive named Alice Huang, and that U.S. intelligence agencies suspect she was passing information to Beijing. Jensen Huang himself wrote to employees, admitting to the affair and apologizing.

The company’s stance is firm: there’s currently no reason to believe that national security information or company secrets were leaked, and the investigation is being led by the board with outside independent counsel. But don’t forget: Washington already restricts Nvidia’s chip exports to China, and Megaspeed, which is linked to Alice Huang, has also been accused of helping restricted Chinese companies develop chips. In plain English, this isn’t just gossip—it’s right on the central nerve of the U.S.-China tech war!!!

The on-chain side is even more interesting: Nvidia tokenized stock NVDAX on xStock plunged about 3.55% in 24 hours, to around $180.40; Nasdaq closed Friday at just $186.60. So crypto has already given Monday’s opening a “discount,” haha.

The same wave also coincided with Iran: Secretary of State Rubio said negotiations had made no progress and the other side’s demands were unacceptable. Over the weekend, only crypto markets were open, so when risk sentiment picked up, leveraged longs got hit first. Bitcoin briefly touched around $73,800, its lowest level since August; ETH fell below $2,100, then bounced back.

Seriously, don’t comfort yourselves by focusing on “it bounced back to $75,000” right now!!! The real answer comes at the U.S. stock market open tonight. How the Nasdaq and Nvidia react will determine whether this was just a weekend scare or whether the slide continues. Just don’t go crazy with leverage ahead of the data!!!

I just checked CoinGecko: Bitcoin is around $74,800, ETH around $2,139, BNB around $687, and SOL around $87; the Fear & Greed Index is at 29, still in fear territory. And tomorrow (Nov. 10), October CPI comes out at 21:30 Shanghai time.

What do you think—when the U.S. stock market opens tonight, will Nvidia drag Bitcoin down another leg, or is the bad news already priced in?

$BTC $ETH
#英伟达 #Crypto

Bros!!! The Democrats just won both chambers, and the SEC’s crypto broker-dealer draft has already made it to the White House!!!

What Unchained / Yahoo (November 6) spotted: The White House Office of Information and Regulatory Affairs (OIRA) received the SEC’s draft on November 3. It’s titled “Amendments to Broker-Dealer Financial Responsibility and Recordkeeping and Reporting Rules Regarding Crypto Assets”~ It’s at the proposed rule stage, and it’s been labeled “economically significant,” but there’s no statutory deadline for review.

Put simply, it would amend four old rules: broker-dealer net capital (15c3-1), customer asset protection (15c3-3), and recordkeeping (17a-3, 17a-4)—specifically spelling out how crypto assets are calculated and regulated. KuCoin Daily (November 9) also included this in its industry roundup~

But here’s the most important part: the text of the draft hasn’t been made public yet!!! For now, whether people are trashing it or hyping it up, it’s all speculation. All we know is that it’s been handed off by the SEC. We won’t know whether it tightens capital requirements or locks in the current 20% BTC/ETH haircut until the official text comes out.

Honestly, after the Clarity Act stalled in the Senate, SEC Chair Atkins had already said, “Even without new legislation, we’ll write rules using our existing authority”~ Then, as soon as the election was over, this draft went to the White House. The timing is way too perfect, haha. Don’t mistake “under review” for an industry crackdown starting tomorrow, but whether brokers can offer crypto, which coins they can offer, and how much capital they need to set aside will all depend on this draft going forward!!!

I just checked CoinGecko: Bitcoin is around 75.2K, ETH around 2146, and the Fear & Greed Index is at 29, still in the fear zone~ There’s also October CPI tomorrow (November 10) at 21:30 Shanghai time, so don’t go crazy with leverage before the data comes out!!!

What do you think—will these rules be good news for compliant market entry, or another round of tightening?

$BTC $ETH
#监管 #SEC #Crypto

Bros!!! From Sunday night into the early hours of Monday, leveraged longs got absolutely flattened!!!

CoinGlass (BeInCrypto / Zhitong Finance, Nov. 9): Around $856 million in positions were liquidated across the entire market over 24 hours, wiping out more than 140,000 traders. Longs accounted for about 90.2%. PANews also spotted roughly $745 million in liquidations in just that one early-morning hour, almost all of them long positions (about $715 million). Bitcoin briefly plunged to around $73,700, its lowest level since August; ETH briefly dropped to around $2,060–$2,100, haha.

Seriously, that “nothing happening, just grinding sideways” over the weekend was an illusion!!! Spot ETFs already saw about $1.28 billion in outflows last week, and the short-term holder cost basis, according to Glassnode, at around $75,700 got breached too. Once leverage started unwinding, the liquidations cascaded. Don’t treat “it has to bounce after a dump” as a signal—just wait and see if real buyers step in～

I just checked CoinGecko: Bitcoin is around $75,100, ETH around $2,140, BNB around $688, and SOL around $88; the Fear & Greed Index is 29, still in fear territory～U.S. stocks open tonight, and tomorrow (Nov. 10) at 21:30 Shanghai time we also get October CPI. Don’t go piling into leveraged trades before the data drops!!!

Do you think $75K can hold, or are we going to test $70K first?

$BTC $ETH
#爆仓 #Crypto

Today's Crypto Brief | November 8

Good evening, folks!! The weekend market is still grinding sideways, but I think the books and the channels are worth watching more than the price moves～

1️⃣ First, prices: I just checked CoinGecko—Bitcoin is around 75,800 (almost flat over 24h), ETH around 2,234, BNB around 697 and still slightly in the green, and SOL around 89. The Fear & Greed Index is at 28, up from yesterday's extreme fear reading of 25 and back in the fear zone～
My take: There's little volume over the weekend and no fresh catalysts, so the grind is normal. Don't mistake “it hasn't kept dumping” for a reversal haha.

2️⃣ Institutional flows this week are more painful: The Block, citing SoSoValue, reports that US spot BTC ETFs saw about $1.28 billion in net outflows last week—their heaviest week since the end of June. Cumulative flows for 2026 went from roughly $368 million in net inflows at the start of the week to about $914 million in net outflows. Spot ETH ETFs saw another roughly $365 million flow out last week, marking their sixth consecutive week of outflows, with about $2.02 billion gone since the end of September～
My take: Wall Street didn't just “make a small adjustment” this week—they gave back this year's inflows too!! First see whether they keep selling on Monday; don't celebrate early.

3️⃣ A few things to connect today: On the regulatory front, after the US cut off MEXC's channels, OKX's Star Xu urged people to temporarily avoid transferring funds directly from MEXC to OKX. Europe has set up a crypto sanctions task force, and Binance's affected EU accounts will be closed on December 31. On the security front, private keys were exposed through Keplr social login, Gnosis Pay's legacy system was accessed without authorization (card numbers, addresses, and linked wallets may all have been exposed), and the stolen altcoins from Binance are still being swapped into Bitcoin.
My take: Each one on its own is “just another headline,” but together they show both channels and third parties becoming more fragile!! Get your funds and login methods in order first—that's much more useful than watching weekend candlesticks.

4️⃣ What to watch tomorrow: When US stocks open on Monday, see whether tech-stock sentiment spills over again. On Tuesday (November 10), the US Bureau of Labor Statistics releases October CPI at 8:30 a.m. Eastern Time, which is 9:30 p.m. Shanghai time.
My take: Don't go wild with leverage before the data; wait to see it, then act～

Overall: A quiet weekend doesn't mean nothing's happening. Institutions are still selling, regulators are tightening up on both sides, and security incidents are piling up. I'm still not chasing highs or using leverage; I'll wait for a stable pullback before gradually making moves～

What will you be watching more closely next week: whether ETF flows turn green, or getting your own exchange channels sorted out first?

$BTC $ETH
#加密快报 #Crypto

Hey folks!! If you use a Gnosis Pay branded card, you really should check your email this week!!!

The official blog (November 6) said that on November 3, monitoring detected unauthorized access to an old system powering the “Gnosis Pay branded card,” exposing some users’ information. The security team began containing the breach within two hours, rotated the affected credentials, and patched the vulnerability. Customer funds were not affected, and the enterprise platform providing white-label cards for other projects was not impacted. This legacy system for consumer-facing services was already scheduled to be taken offline on December 20.

Notifications shared by users and seen by CoinDesk / Cointelegraph said that the information potentially exposed included card numbers, home addresses, and wallet addresses linked to accounts—meaning real-world identities could be linked to on-chain addresses. The company has not disclosed how many people were affected, but says it has emailed each affected user with details of exactly what information from their account was exposed.

Online payments now require 3D Secure, and this will remain in place until the system is retired on December 20. The company also warned: if you get an unexpected email, text, or call—even if it contains your real information and actual transactions—don’t click any links. They will never ask for your seed phrase, private key, PIN, or full card number, and they will never ask you to “verify your identity” or transfer your crypto!!!

Honestly, this is another weak link in the third-party layer this week. Keplr exposed private keys through social login; this time, card details and home addresses were linked to wallets. Just because no money was stolen doesn’t mean it’s fine—the biggest concern now is phishing attempts that use your real information.

CoinGecko has Bitcoin at around 75,900 and ETH at around 2,235 right now; the market is still choppy this weekend. But this has nothing to do with price movements—check your email and watch out for phishing first.

Anyone here use a Gnosis Pay card? Have you received a notification?

$BTC $ETH
#钱包安全 #币圈