Vitalik： Holding Devconnect in Argentina could be a great opportunity to showcase the best advantages of encryption

[WLFI Acquires 10.84 Million Meme Coin 1 as Strategic Reserve] On November 5, WLFI officially announced the acquisition of 10.84 million Solana ecosystem Meme Coin 1 as a strategic reserve, aiming to strengthen WLFI's position as the leading USD1 community on Solana. WLFI stated that this move is part of promoting the adoption of USD1 on Solana and is actively collaborating with official partners bonk.fun and Raydium to rebuild the ecosystem.

Binance - H is currently priced at $0.3108, with a 27.8% increase over 24 hours. 24-hour transaction volume of 1.5 billion US dollars, an increase of 461.77%, for reference only

[Citibank: Slowdown in Bitcoin ETF Inflows Drags Down Crypto Market Performance] Citibank analysis indicates that despite strong stock market performance, the cryptocurrency market has remained weak recently, with October's liquidation wave significantly impacting investor confidence. The October 10 sell-off event led to a decline in risk appetite among leveraged traders and new spot Bitcoin ETF investors, with the latter reducing their capital inflows. The slowdown in spot Bitcoin ETF inflows has weakened a key support factor for market optimism. On-chain data shows a decrease in the number of large Bitcoin holders, an increase in small retail wallets, and a drop in funding rates, suggesting that long-term investors may be selling off and leveraged demand is diminishing. Additionally, Bitcoin falling below the 200-day moving average has further suppressed market demand. Citibank believes that spot ETF capital flows are an important indicator of sentiment in the crypto market and also points out that tightening bank liquidity could exacerbate market weakness.

**[Galaxy Digital Lowers Bitcoin Year-End Price Prediction to $120,000]** Galaxy Digital's Head of Research, Alex Thorn, lowered Bitcoin's year-end price target from $185,000 to $120,000 in a client report released on Wednesday. He noted that while Bitcoin's structural investment logic remains robust, cyclical factors are exerting pressure on its price performance. Key reasons include changes in whale distribution, reduced market interest in Bitcoin-related investments, capital flows toward gold, artificial intelligence, and stablecoins as competitive assets, as well as weak performance from treasury companies. Meanwhile, ByteTree Chief Investment Officer Charlie Morris stated that $100,000 could become a significant support level for Bitcoin, while Standard Chartered analyst Geoffrey Kendrick suggested adopting a phased buy-the-dip strategy to navigate market volatility.

The Ethereum Foundation has transferred over $600 million in assets to Safe and collaborated with the CEO of Safe Labs to complete this operation, details of which have not been disclosed yet. （Cointelegraph）