[Multiple Tokens to Undergo Large Unlocks This Week, Total Value Exceeds $76 Million] According to Token Unlocks data, multiple tokens will experience significant unlock events this week. Ethena (ENA) will unlock approximately 172 million tokens on November 5 at 15:00 (UTC+8), accounting for 2.52% of the current circulating supply, with a value of approximately $67.1 million; Memecoin (MEME) will unlock approximately 3.45 billion tokens on November 3 at 15:30 (UTC+8), accounting for 5.98% of the current circulating supply, with a value of approximately $5.4 million; Movement (MOVE) will unlock 50 million tokens on November 9 at 20:00 (UTC+8), accounting for 1.82% of the current circulating supply, with a value of approximately $3.43 million; BounceBit (BB) will unlock approximately 29.93 million tokens on November 9 at 8:00 (UTC+8), accounting for 3.85% of the current circulating supply, with a value of approximately $3.3 million.

[Huajian Medical Adjusts Strategy, Applies for U.S. Stablecoin License and Plans Fundraising to Increase Reserves] Huajian Medical (1931) announced an adjustment to its business strategy, suspending its previously planned cryptocurrency acquisition of no more than 3 billion yuan and canceling the transaction to acquire a 20.31% stake in Guofu Quantum (0290) for 3.142 billion yuan. The company stated that it will disclose Ethereum (ETH) transaction details in accordance with listing rules, while it has initiated the process of applying for a U.S. stablecoin license and plans to raise funds to increase its U.S. dollar reserves. Huajian Medical will also simultaneously advance the development of its AI algorithm platform, integrating its distribution network with the RWA platform to optimize the accuracy of its asset valuation model.

[Coinbase Reportedly Plans $2 Billion Acquisition of Stablecoin Startup BVNK] Coinbase is in talks to acquire stablecoin infrastructure startup BVNK for $2 billion, with the deal expected to be completed by late 2025 or early 2026. Founded in 2021, BVNK provides enterprise-grade stablecoin payment services, and Coinbase Ventures is already an investor. In the third quarter of 2025, the stablecoin business accounted for 20% of Coinbase's total revenue, approximately $246 million.

[An address holds a $51.56 million ASTER short position with a $1.445 million unrealized loss] On-chain analysis shows that address 0x9ee...1daAb holds a $51.56 million ASTER short position on Hyperliquid, with an average entry price of $1.2 and no additional positions added. Due to the rise in token price, this short position has shifted from profit to an unrealized loss, currently at $1.445 million. Other short positions held by this address still have an overall unrealized profit of $4.11 million.

[Trump Says Next Week's Tariff Case Is One of the Most Important in U.S. History, Will Skip Related Debate] U.S. President Trump stated that the tariff case to be heard next week is one of the most important cases in U.S. history. He emphasized that if the president cannot flexibly use tariff tools, the U.S. will be at a severe disadvantage in competition with other countries globally, especially major economies. Trump pointed out that recent successful trade agreements with multiple countries have benefited from the leverage provided by tariff policies during negotiations. Without this tool, the U.S. could face a weakening of its economic defense capabilities, potentially leading to a significant decline in the nation's economic standing. Trump announced that he will skip the Supreme Court's tariff debate on Wednesday to avoid diverting public attention from the importance of the case. He believes that this ruling will become one of the most important decisions in the history of the U.S. Supreme Court, with the outcome directly impacting the economic security and global standing of the United States.