Coinbase executives publicly criticized the banking industry's opposition to its national trust charter application, questioning whether this move is for consumer protection or protectionism. （Cointelegraph）
Solana ETF attracted over $400 million in inflows, indicating a surge in institutional demand. However, the SOL price trend has been weak, falling below the 211 day uptrend line and key technical support levels, and the market is watching whether the $120 mark will become the next target. （Cointelegraph）
[Binance to Delist Multiple Spot Trading Pairs] Binance announced that it will officially remove and cease trading for the following spot trading pairs on November 7, 2025, at 11:00 (UTC+8): INIT/BNB, IOTX/BTC, PEOPLE/BTC, RESOLV/FDUSD, RUNE/FDUSD, and USUAL/BTC. This adjustment aims to optimize market liquidity and enhance the user trading experience. Users are advised to complete relevant trading operations before the deadline to avoid unnecessary losses.
[Super Whale Sells $45 Billion Worth of Bitcoin in One Month, Bitcoin Price Drops Below $100,000] Over the past month, a super whale sold $45 billion worth of Bitcoin, causing the price of Bitcoin to drop by 7.4% at one point, falling below the $100,000 mark for the first time since June, down more than 20% from the historical high a month ago. The current downward trend is driven by sustained selling pressure in the spot market, differing from the crash in October triggered by sell-offs, indicating a shift in recent expectations among cryptocurrency traders. Previously, fluctuations were mostly caused by futures market liquidations.
[StakeWise DAO Recovers Approximately $20.7 Million in Stolen Assets and Will Return Them to Users] The liquid staking protocol StakeWise DAO announced that, through an emergency multi-signature transaction, it has recovered approximately 5,041 osETH (around $19 million) and 13,495 osGNO (around $1.7 million) from the Balancer hacker. The recovered osETH accounts for 73.5% of the total stolen amount, while the remaining portion could not be recovered as it was converted into ETH. All of the stolen osGNO has been successfully recovered. StakeWise stated that these funds will be returned to affected users based on their balance proportions prior to the attack, and a complete post-incident analysis report and follow-up plan will be released. It is reported that Balancer was attacked on November 3, with stolen funds exceeding $100 million.
[Adjustment of Tariff Measures on Certain Imported Goods from the U.S. by the Customs Tariff Commission of the State Council] According to an announcement by the Ministry of Finance, in order to implement the outcomes of the China-U.S. economic and trade consultations, and with the approval of the State Council, starting from 13:01 (UTC+8) on November 10, 2025, the additional tariff measures on certain imported goods originating from the United States, as stipulated in the 'Announcement No. 2 of 2025' by the Customs Tariff Commission, will cease to be implemented. Simultaneously, from the same time, adjustments will be made to the relevant additional tariff measures outlined in the 'Announcement No. 4 of 2025' by the Customs Tariff Commission. Over the next year, the 24% additional tariff rate on U.S. goods will remain suspended, but the 10% additional tariff rate will be retained. This adjustment is made in accordance with the 'Customs Law of the People's Republic of China' and other relevant laws, regulations, and fundamental principles of international law.