Big Josh149

💬 Your call: tomorrow's US inflation report

Forecasts for October's monthly change sit around +0.2% to +0.3%.

🅰️ Hotter than expected, crypto drops
🅱️ Cooler than expected, crypto bounces
🅲️ In line, nothing changes

Drop your letter below 👇 We'll check back tomorrow.

$BTC

#CPITestsDecemberRateOutlook

📷 Photo: Immo Wegmann / Unsplash

👨🏾‍💻 Dev corner: what is a liquidation cascade?

Over 1 billion USD in crypto positions were liquidated in 24 hours this weekend, mostly longs.

Here's how it snowballs:
1️⃣ Price dips
2️⃣ Leveraged longs hit their liquidation price
3️⃣ The exchange force-sells their positions
4️⃣ That selling pushes price lower
5️⃣ More longs get liquidated

Like dominoes, each one knocks over the next. That's why crypto can fall 5% in minutes, then bounce once the forced selling is done.

$BTC $ETH

#BitcoinFiveWeeklyLosses

📷 Photo: Robert Stump / Unsplash

🇺🇸 Tomorrow's US inflation report is unusual

October CPI comes out Tue Nov 10 at 13:30 UTC, but it won't include the usual yearly inflation rate. The 2025 government shutdown stopped data collection in October 2025, so there's no year-ago number to compare against.

What to watch instead, the monthly change:
🔹 RBC expects +0.3% for both headline and core
🔹 The Cleveland Fed's estimate: +0.24% headline, +0.21% core
🔹 September was +0.6%

Cooler than expected = relief for $BTC . Hotter = more pressure before the Fed's Dec 9 decision.

#CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds

📷 Photo: Mitchell Luo / Unsplash

🏗️ Ethereum's next upgrade just hit a delay

Developers postponed the Glamsterdam fork on the Hoodi testnet because of compatibility risks. Testnets are the dress rehearsal before the real network, so the mainnet upgrade timeline likely moves too.

Meanwhile $ETH dipped to about 2,045 overnight, and Ethereum spot ETFs saw about 365 million USD in outflows last week.

Delays aren't failures. Shipping a broken upgrade to a network holding billions would be far worse.

#EthereumSpotETFsPost$365MWeeklyOutflow

📷 Photo: Heye Jensen / Unsplash

⚖️ Crypto rules moving around the world

🔹 🇳🇬 Nigeria issued rules for non-security virtual assets
🔹 🇰🇷 South Korea is expected to unveil its Digital Asset Basic Act this month, moving exchanges from registration to licensing
🔹 🇺🇸 Proposed rules allowing crypto in 401(k) retirement plans went to the White House for final review
🔹 🇺🇸 The SEC sent proposed crypto broker-dealer rules to the White House too
🔹 🇪🇺 The EU set up a crypto sanctions task force

More rules = more paperwork, but also a clearer path for big money to come in.

Which country's move matters most to you? 👇

$BTC $BNB

#SouthKoreaDraftLawTargets15To20%ShareholderCap

📷 Photo: Wesley Tingey / Unsplash

👨🏾‍💻 Dev corner: why Keplr told Google/Apple login users to move their funds

Keplr disabled Google and Apple logins after a breach at Web3Auth, the outside company that handled those logins. Some private keys were exposed.

🔹 About 6 million USD moved from around 44,700 wallets on Nov 6–7 (part of it was Web3Auth moving funds to safety, not theft)
🔹 Wallets made with a recovery phrase or a hardware wallet were NOT affected

The lesson: "log in with Google" feels easy, but your key then depends on someone else's servers. A seed phrase you wrote down yourself depends only on you.

Using a social-login wallet? Move long-term funds to a seed-phrase or hardware wallet. And ignore anyone DMing you offering to "help recover" funds.

$ATOM $INJ

#KeplrAdvisesSocialLoginUsersToTransferAssets

📷 Photo: Alex Duffy / Unsplash

🔓 Binance just reopened HYPE and APT withdrawals

Restored on Nov 8, 10 days after the hack.

Still waiting, with Binance targeting the end of this week:
🔹 INJ
🔹 NEAR
🔹 LTC
🔹 PLASMA

Binance is also refilling its SAFU emergency fund back to about 1 billion USD after using it during the recovery.

Is your coin on the waiting list? 👇

$HYPE $INJ $NEAR

📷 Photo: Lan Gao / Unsplash

🤖 Crypto's next big test may come from AI stocks

Last week the Nasdaq fell 3.4% as AI chip stocks slumped: Micron -22%, Sandisk -27%. Crypto fell right along with them.

This week, three AI infrastructure names report:
🔹 Wed Nov 11: CoreWeave
🔹 Fri Nov 13: Cisco and Nebius

Strong numbers could calm the AI trade, and crypto has been moving with it. Weak ones could restart the selling.

Also watch Nvidia: its board opened an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence operation. The board says it has no reason to think company secrets were compromised.

$BTC

#AIChipSlumpNasdaq

📷 Photo: Alexandre Debiève / Unsplash

🔓 Token unlocks this week: mark your calendar

🔹 Wed Nov 11: Allora unlocks about 160 million ALLO, a large share of what's already circulating
🔹 Wed Nov 11: Aptos unlocks 4.54 million APT
🔹 Fri Nov 13: Aztec unlocks about 797 million AZTEC, roughly 32% of its circulating supply
🔹 Sun Nov 15: Starknet (127 million STRK) and Sei (55.56 million SEI)

The size that matters isn't the dollar amount. It's the unlock compared with what's already trading. ALLO and AZTEC are the big ones this week.

Holding any of these? 👇

$ALLO $AZTEC $APT

📷 Photo: Michael Chacon / Unsplash

🔴 It's official: $BTC just closed its 5th red week in a row

🔹 Last week: -4.45%, closing at 74,754
🔹 Five straight red weeks has only happened twice since 2017
🔹 Now: about 74,200, just 1.4% above the 200-day average (about 73,170)

Levels to watch this week:
🔸 Above: 77,290 (100-day average)
🔸 Below: 73,170 (200-day), then 73,005 (the Aug 21 low)

Fear & Greed: 29. Still fearful, but up from 25 on Saturday.

Does the 200-day average hold? 👇

#BitcoinFiveWeeklyLosses

📷 Photo: Erwan Hesry / Unsplash

What do you think

💬 Prediction time

$BTC 's weekly candle closes at midnight UTC tonight. To end the 4-week losing streak, it needs to close above 78,232. It's sitting around 75,800 now.

What's your call?

🅰️ Closes above 78,232, streak broken
🅱️ Closes red, fifth losing week
🅲️ Flat, somewhere in between

Drop your letter below 👇

📷 Photo: Djim Loic / Unsplash

📉 $XRP was the worst of the top five this week

7-day moves:
🔹 XRP: -7.0% (to 1.16)
🔹 SOL: -6.0%
🔹 Bitcoin: -2.2%
🔹 BNB: -1.0%
🔹 ETH: -0.7%

Twist: ETH, which fell hardest on Thursday, ended the week almost flat, while XRP kept sliding.

Holding XRP through this, or waiting for a better entry? 👇

📷 Photo: Stefan Steinbauer / Unsplash

👨🏾‍💻 Dev corner: how does "proof of reserves" work?

Exchanges publish reserve snapshots to show they hold your coins 1:1. Binance's latest covers 44 tokens.

The trick is a Merkle tree:
🔹 Every user balance is hashed
🔹 Hashes are paired and hashed again, up to one "root" hash
🔹 The exchange publishes the root

You can check your own balance is included without seeing anyone else's. Newer setups add zero-knowledge proofs so the totals can't be faked.

$BNB $BTC

📷 Photo: GuerrillaBuzz / Unsplash

⚠️ $BTC is heading for a 5th red week in a row

Weekly closes since Oct 4:
🔹 Oct 11: 83,678
🔹 Oct 18: 82,007
🔹 Oct 25: 80,053
🔹 Nov 1: 78,231
🔹 Now: about 75,800

Five straight red weeks has only happened twice since 2017:
🔹 2022: price fell another 41% over the next 12 weeks
🔹 Early 2026: price rose 14.5% over the next 12 weeks

To break the streak, BTC needs to close the week above 78,232 tonight (midnight UTC).

History doesn't decide. It just shows the range. 👇

📷 Photo: Arturo Añez / Unsplash

🔐 Binance hack: where things stand

🔹 Oct 29: Binance was hacked for a reported 6.3 billion USD
🔹 The FBI attributed the attack to TraderTraitor, a North Korean hacking group
🔹 Binance says it has replenished about 98% of affected assets from its own resources
🔹 The last 2% is mostly less liquid tokens that take longer to source
🔹 Withdrawals keep reopening network by network. Deposits stayed open

Replenishing isn't the same as recovering the stolen funds. That part is still with investigators.

Is your coin withdrawable yet? 👇

$BNB

📷 Photo: Taylor Vick / Unsplash

🇺🇸 The week's biggest risk for crypto: Tuesday

US inflation data (CPI) comes out Tue Nov 10, 8:30 a.m. ET. It's the last inflation reading before the Fed meets on Dec 9.

After the strong jobs report, futures markets were pricing about a 77% chance of a rate HIKE in December.

🔹 Hot inflation → hike more likely → pressure on $BTC and stocks
🔹 Cooler inflation → hike less likely → room for relief

Mark Tuesday. 👇

📷 Photo: Fujiphilm / Unsplash

🔓 Two token unlocks next week

🔹 Wed Nov 11: Aptos monthly unlock
🔹 Sun Nov 15: Starknet unlocks 127 million STRK

A token unlock is when coins that were locked for early investors and team members become free to trade. More supply can mean selling pressure, especially in a weak market like this one.

If you hold $APT or $STRK , put these dates in your calendar.

Will these unlocks move the price? 👇

📷 Photo: Aron Visuals / Unsplash

👨🏾‍💻 Dev corner: what is a multisig wallet?

A normal wallet has one private key. Whoever holds it can move everything.

A multisig needs several keys to approve a transaction, for example 3 out of 5. Steal one key and you still can't move the funds.

But it's only as strong as the people signing. The FBI linked the Oct 29 Binance hack to TraderTraitor, the same North Korean group it blamed for the 2025 Bybit hack, where signers of a multisig wallet were tricked into approving a malicious transaction.

Security in crypto = how many keys, where they live, and who checks what they sign.

$BTC $ETH

📷 Photo: Jozsef Hocza / Unsplash

📊 Stocks just had their worst week since April 2025

🔹 S&P 500: -2.7% for the week
🔹 But Friday bounced: Nasdaq +1.1%, Nvidia +2.8%, and IREN (a Bitcoin miner that also hosts AI computing) +20%

Crypto didn't join Friday's bounce. $BTC stayed stuck near 75,800.

When stocks fall, crypto falls with them. When stocks bounce, crypto has been slower to follow. That gap is worth watching on Monday.

Do you think crypto catches up next week? 👇

📷 Photo: Nicholas Cappello / Unsplash