[He Yi Responds to Market Doubts: This Is Not the Market Bottom, Volatility Paradigm May Have Changed] Binance co-founder He Yi responded to community users' doubts, stating that while it cannot be definitively said that the market will not enter a bear phase, this does not affect long-term confidence in the crypto industry. She pointed out that, based on historical percentages, it is clear that this is not the market bottom, but the underlying logic of the industry has changed, and the volatility paradigm has shifted accordingly. He Yi emphasized that history does not repeat itself but often rhymes, and mentioned that in every cycle, some people exit the market while others adapt calmly.

[Binance to Cease Support for RDNTOLD Token Deposit and Withdrawal Services in 2025] Binance has announced that it will cease support for RDNTOLD token deposits via the Arbitrum One network starting November 6, 2025, at 11:00 (UTC+8). At that time, RDNTOLD tokens deposited through this network will not be credited to accounts, which may result in asset loss.

Aave founder and CEO Stani Kulechov discussed ways to enhance trust and resilience in decentralized finance (DeFi) at Chainlink's SmartCon event. He emphasized the importance of building trust mechanisms and improving the system's ability to resist risks, and shared relevant practical experience. This discussion provides a new perspective for the future development of the DeFi field. （CoinDesk）

The Bank of England has promised to roll out stablecoin related regulatory rules "as quickly as the United States" to address concerns about the UK falling behind other countries in this field. （Cointelegraph）

[U.S. Government Shutdown May Last Until After November 16, Market Expectations Rise Significantly] According to Polymarket data, the probability of the contract 'U.S. government shutdown ends after November 16' has risen to 44%, indicating that the market expects the government to struggle to resume operations in the short term. The data shows that the probability of it ending 'between November 4 and 7' is 3%, 'between November 8 and 11' is 22%, and 'between November 12 and 15' is 30%. As of now, the U.S. federal government shutdown has lasted 37 days, setting a new historical record. The previous longest shutdown occurred from late 2018 to early 2019, lasting 35 days. Analysts point out that the two parties remain deadlocked over the appropriations bill, with the Senate failing to pass the temporary budget proposal put forward by Republicans in 13 consecutive votes.