It’s the first Monday of November—let’s recap the weekend’s highlights 👇
📊 Market snapshot
$BTC October closed at 77,430, down 7.3% for the month. Prices are now moving sideways around 78,000. First, watch the 200-day moving average at 76,500–77,000 for support; 78,800–80,000 is the first resistance zone.
Ethereum is around 2,266, with funding rates at their lowest since June and shorts looking crowded. 2,280 and 2,340 are key resistance levels.
SOL is holding between 95 and 100, while XRP is consolidating around 1.25.
🏦 Binance resumes withdrawals
Withdrawals resumed in phases starting Nov. 1. On the first day, about $4.65 billion flowed out and roughly $1.01 billion flowed in. CZ said 98% of users chose to stay. A hacker dumped tokens worth about $5 million into a shallow liquidity pool and got back only about $71; onlookers on-chain joked, “The hacker never learned how to use a DEX” 😂. The circulating “North Korean romance” story has been debunked by He Yi.
🏢 Institutional Updates
✅ Saylor posted a holdings chart over the weekend, hinting at further purchases; Strategy’s holdings are nearing 850,000 BTC
✅ Chainlink partners with South Korea’s Hanwha Investment & Securities on RWA tokenization; LINK reserves reach 6.48 million
✅ Ripple unlocked 1 billion XRP in two tranches in a single day, an unusual pace
✅ RWA on Solana surpasses $5 billion; the Breakpoint conference will be held in London mid-month
⚠️ Security Alert
BTCPay Server has issued an urgent warning: a hot wallet has been compromised. Merchants using older versions for self-hosted payment processing should watch for official updates.
🗓️ This Week’s Highlights
The U.S. midterm elections, earnings reports from tech companies such as Apple and AMD, and the nonfarm payrolls report are all due this week. Hedge funds are rapidly deleveraging, and sentiment toward tech stocks is weak. Bulls are betting on “November seasonality and a post-election rally,” while cautious investors worry that tech stocks will continue to drag on the market. What do you think? Share your thoughts in the comments 👇
⚠️ Disclaimer: This article is compiled from public information on X and may contain inaccuracies. It is for reference only and does not constitute investment advice. Crypto assets are highly volatile; please assess the risks for yourself.