Daily Crypto Briefing | November 4
1. $BTC Voting has opened in the U.S. midterm elections. Bitcoin rebounded to above approximately $78,000, with an intraday low of around $76,300, and remains above its 200-day moving average. Resistance is around $79,000.
2. $BNB Follow-up on the Binance hot wallet incident: Binance disclosed that approximately $6.34 billion was stolen on October 29 by North Korea's TraderTraitor group. It has worked with law enforcement to freeze approximately $2.85 billion. 98% of affected assets had been replenished by October 31, with losses covered by Binance's own reserves.
3. Binance's fund flows have shifted: in the 46 hours after reopening, net outflows were approximately $5.28 billion, or about 2% of platform assets, with most funds transferred to users' self-custody wallets. Since November 3, hourly deposits have begun exceeding withdrawals by approximately $10 million.
4. $ETH The ETH/BTC exchange rate broke above a months-long downward trendline, reaching approximately 0.0295. ETH is around $2,250–$2,290. Public companies and ETFs collectively hold over 14 million ETH, with staking yields at approximately 2.2%.
5. The total stablecoin market capitalization is approximately $291.2 billion, down about $11.5 billion over 30 days and at its lowest level since September 2025. Meanwhile, on-chain real-world assets, including tokenized Treasuries, exceed $46 billion. The return of liquidity is a key point to watch going forward.
6. Brazilian exchange Mercado Bitcoin detected over $40 million in suspicious outflows on November 2 and suspended deposits and withdrawals. Tether froze over 4.5 million USDT, and the platform said it would cover the losses.
7. On November 2, the U.S. SEC updated its crypto asset FAQ, adding three answers on governance and decentralization. These reflect staff views only and have no legal force.
8. The circulating value of tokenized stocks on-chain hit a new high of approximately $3.8 billion. Bullish announced support for issuing tokenized stocks on Aptos, Solana, and Ethereum.
#加密早报 #币安 #Bitcoin
The above is compiled from publicly available information on X and does not constitute investment advice. Please DYOR.
1. $BTC Voting has opened in the U.S. midterm elections. Bitcoin rebounded to above approximately $78,000, with an intraday low of around $76,300, and remains above its 200-day moving average. Resistance is around $79,000.
2. $BNB Follow-up on the Binance hot wallet incident: Binance disclosed that approximately $6.34 billion was stolen on October 29 by North Korea's TraderTraitor group. It has worked with law enforcement to freeze approximately $2.85 billion. 98% of affected assets had been replenished by October 31, with losses covered by Binance's own reserves.
3. Binance's fund flows have shifted: in the 46 hours after reopening, net outflows were approximately $5.28 billion, or about 2% of platform assets, with most funds transferred to users' self-custody wallets. Since November 3, hourly deposits have begun exceeding withdrawals by approximately $10 million.
4. $ETH The ETH/BTC exchange rate broke above a months-long downward trendline, reaching approximately 0.0295. ETH is around $2,250–$2,290. Public companies and ETFs collectively hold over 14 million ETH, with staking yields at approximately 2.2%.
5. The total stablecoin market capitalization is approximately $291.2 billion, down about $11.5 billion over 30 days and at its lowest level since September 2025. Meanwhile, on-chain real-world assets, including tokenized Treasuries, exceed $46 billion. The return of liquidity is a key point to watch going forward.
6. Brazilian exchange Mercado Bitcoin detected over $40 million in suspicious outflows on November 2 and suspended deposits and withdrawals. Tether froze over 4.5 million USDT, and the platform said it would cover the losses.
7. On November 2, the U.S. SEC updated its crypto asset FAQ, adding three answers on governance and decentralization. These reflect staff views only and have no legal force.
8. The circulating value of tokenized stocks on-chain hit a new high of approximately $3.8 billion. Bullish announced support for issuing tokenized stocks on Aptos, Solana, and Ethereum.
#加密早报 #币安 #Bitcoin
The above is compiled from publicly available information on X and does not constitute investment advice. Please DYOR.