on November 1, the Ministry of Finance and the State Administration of Taxation issued new rules on value-added tax for gold. On the first working day after the weekend, banks such as Industrial and Commercial Bank and Construction Bank successively announced the suspension of new purchases of accumulation gold business and physical gold exchange; some banks without explicit announcements also actually suspended physical gold exchange.

today the panic and greed index dropped to 21, changing from panic to extreme panic. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's share in the entire market (10%) + Google hot word analysis (10%).

the market shows BTC breaking through $107,000, now at $107,002.06, with a 24-hour decline of 2.45%. The market is fluctuating greatly, so please be prepared for risk control.

On November 4th, Elon Musk referenced his own tweet from April 2021 stating, "SpaceX will send a real Dogecoin to the real moon," and said, "The time has come."

StakeWise DAO has successfully executed a series of transactions through an emergency multi-signature, recovering approximately 5,041 osETH (worth about $19 million) and 13,495 osGNO (worth about $1.7 million) from the Balancer exploit attacker. The recovered osETH accounts for 73.5% of the total stolen amount, while all osGNO has been fully recovered. The portion of osETH that could not be recovered was quickly converted by the attacker to ETH.

U.S. House Speaker Johnson: The deadline for the temporary spending bill is imminent. It is hoped that this week's special election will push for a breakthrough in negotiations on the temporary spending bill.

 market fell, the current "10.11 to now 100% win rate whale" long position is currently losing more than $20 million.

Tom Lee, chairman of BitMine, stated in an interview with CNBC that the fundamentals of Ethereum are currently strong, with stablecoin trading volume and application layer revenue reaching historical highs, and price breakthroughs will follow. Tom Lee reiterated his previous year-end price predictions, expecting Bitcoin to rise to the range of 150,000 to 200,000 US dollars, while Ethereum will rise to 7,000 US dollars.

 according to lookonchain monitoring, an anonymous hacker panicked and sold again in the market downturn - selling 2,243 Ethereum at a price of $3,589 (about $8.05 million). He continues to buy high and sell low as always.

 data shows that in the past 1 hour, the total liquidation on the entire network was $619 million, of which long positions were liquidated at $605 million, and short positions were liquidated at $14.1657 million.

Daly of the Federal Reserve said that supporting rate cuts before was appropriate; cutting rates was appropriate; inflation is still above target levels and needs to be brought down; the labor market has clearly slowed down.

according to lookonchain monitoring, the "100% win rate whale" has ended its winning streak, liquidating all long positions in Bitcoin at a loss, while still reducing its long positions in ETH and SOL. His total profit and loss has changed from +33 million US dollars to -17.6 million US dollars.

according to MLM monitoring, the "1011 Insider Whale" (holding over $10 billion / Garret) has returned - after withdrawing from Binance, he deposited $20 million USDC into Hyperliquid. Subsequently, he immediately established a long position through two large market orders: 150 bitcoins (approximately $15.8 million) and 5,000 ethers (approximately $17.9 million).

Coinbase announced it will list Kite (KITE). If liquidity conditions are met and the trading area supports trading, the KITE/USD trading pair will be opened later in the day.

 bitcoin mining company TeraWulf announced that it will expand its private placement size to $900 million and set the terms of the issuance. This issuance is for 0% convertible preferred notes, with an additional $125 million oversubscription limit and a maturity date of 2032. The issuance is an extension of the company's previously disclosed $500 million financing plan, with initial purchasers having the right to exercise additional subscription rights within 13 days. The company stated that the conversion premium for these zero coupon notes is 37.5%, calculated at a closing price of $14.5 on Wednesday, with an initial conversion price of approximately $19.94 per share. If all oversubscription rights are exercised, the total financing amount will reach approximately $999.7 million, with the funds being used for the construction of the Abilene data center campus in Texas and other company purposes.

Golden Finance reported that, according to OnchainLens monitoring, the BlackRock IBIT address deposited 794.43 Bitcoins (about 87.44 million US dollars) and 48.36 Ethereum (about 18.88 million US dollars) into Coinbase in the past hour.

 US Treasury Secretary Besent: The next candidate for the chairman of the Federal Reserve may be determined before Christmas. He appreciates the 25 basis point rate cut by the Federal Reserve, but is not satisfied with the wording.

market shows that BTC has fallen below $110,000, now trading at $109,993.74, with a 24-hour decline of 2.62%. The market is fluctuating greatly, please manage your risks.

European Central Bank stated on Thursday that, if it can obtain timely approval from legislators, it may launch its digital currency pilot project in 2027. The European Central Bank believes that this project is crucial for the financial autonomy of the euro area. The European Central Bank sees it as a strategic alternative to U.S.-dominated private payment methods such as credit cards and stablecoins. The European Central Bank stated that in an era of escalating geopolitical tensions, this move is becoming increasingly important, as financial autonomy and resilience are seen as key to maintaining European economic sovereignty. After four years of research and preparation, the European Central Bank stated that it is currently considering conducting a pilot, which means that some digital euro transactions may take place as early as mid-2027, with full launch two years later.

Deputy Governor of the Reserve Bank of India stated that the introduction of stablecoins will bring a lot of policy issues that could have been avoided.