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09:49
Bitcoin: Price falls below $104000, market continues to decline
The price of Bitcoin fell below $104000, continuing the overall decline in the cryptocurrency market recently. Market analysis shows that major cryptocurrency assets have been under pressure recently, and investor sentiment is becoming cautious. The community is concerned that market volatility may further intensify and needs to pay attention to future trends. (Decrypt)
09:44
Upbit支持通过Phantom钱包注册Sui网络地址
[Upbit Supports Registering Sui Network Addresses via Phantom Wallet] Upbit has announced new support for registering Sui network addresses through the Phantom wallet. Users can select 'Phantom (Sui)' on the personal wallet address management page to complete the registration. After registering the address, users can deposit and withdraw digital assets on the Sui network through Upbit. The Phantom wallet currently supports both the Solana and Sui networks. Please note that hardware wallet address registration is not yet supported, and users must complete identity verification and two-factor authentication to use personal wallet services.
09:43
Binance CEO:加密主流化需监管清晰及机构入场
[Binance CEO: Clear Regulation and Institutional Participation Needed for Crypto Mainstream Adoption] On November 4, Binance CEO Richard Teng stated at Hong Kong Fintech Week 2025 that the mainstream adoption of cryptocurrency requires clear regulation and institutional participation. Regulatory attitudes toward the crypto sector have gradually shifted, and institutional entry will significantly enhance market depth and resilience through various investment horizons, strategies, and scales. Addressing concerns about whether institutional involvement might impact the decentralized nature of cryptocurrency, Richard Teng believes that the participation of centralized players can invigorate the market while leveraging the combined value of decentralized technology and centralized user experiences.
09:32
Wintermute:加密货币表现持续落后,四年周期理论失效
[Wintermute: Cryptocurrency Performance Continues to Lag, Four-Year Cycle Theory Invalidated] Cryptocurrency market maker Wintermute stated that despite a supportive macroeconomic environment, including interest rate cuts, the end of quantitative tightening, and stock markets nearing all-time highs, the cryptocurrency market continues to underperform compared to traditional asset classes. The global liquidity expansion has failed to drive capital inflows into the cryptocurrency market. Stablecoin supply has grown by 50% this year, increasing by $100 billion, but ETF inflows have stagnated since the summer, with BTC ETF assets under management remaining around $150 billion. Digital asset trading activity has significantly declined. Among altcoins, gaming tokens saw a weekly drop of 21%, while Layer 2 networks and meme coins fell by 19% and 18%, respectively. Only the AI and DePIN sectors showed relative resilience. Wintermute pointed out that the traditional four-year cycle theory is no longer applicable to mature markets, with liquidity becoming the key driving factor. The firm will closely monitor ETF inflows and digital asset trading activity as critical indicators for market recovery.
09:30
Hot search list: ASTER's popularity has fallen, with a 12.61% drop in 24-hour sales
According to the popularity ranking, ASTER's popularity has decreased by 680000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① ASTER ($0.9001,-12.61%) ② ZEC ($471.31,23.46%) ③ DASH ($133.90,65.78%) ④ ZEN ($21.67,27.40%) ⑤ COAI ($1.22,3.39%) ASTER's main funds have strong selling power, with a net outflow of $48.5431 million in 24 hours and a transaction volume of $3.315 billion in 24 hours, of which the main funds had a net outflow of $24.3062 million.