[Brazil Central Bank Issues Rules for Cryptocurrency Market Operations] The Brazil Central Bank has announced new regulations for cryptocurrency market operations.

[International Business Settlement Holdings Limited Acquires 247.8694 Bitcoins] Hong Kong-listed company International Business Settlement Holdings Limited disclosed that it acquired 247.8694 Bitcoins between October 17 and November 7, with a total value of $25.7 million.

[BlackRock Deposits Approximately $135 Million in Bitcoin to Coinbase] According to Onchain Lens monitoring, BlackRock deposited 1,271 BTC into Coinbase, valued at approximately $135 million.

[SUI Group Invests 2 Million Swiss Francs to Support Sui Ecosystem DEX Bluefin] Nasdaq-listed company SUI Group has invested 2 million Swiss francs (approximately $2.5 million) in the Sui ecosystem decentralized exchange Bluefin. The two parties plan to collaborate to introduce hedge funds, asset management companies, and market makers into the on-chain market.

**[Bitfinex Report: Crypto Market in Consolidation Phase]** The latest Bitfinex Alpha report indicates that the crypto market is currently in a consolidation phase rather than experiencing a cascading decline. Last week, Bitcoin's price fell 21.46% from its historical high in October, reaching a low of $99,045 and breaking below the psychological threshold of $100,000. The report suggests that this may signal the formation of a new consolidation bottom rather than a large-scale sell-off. Historical market and on-chain data show that the current price movement resembles mid-cycle adjustments in previous cycles, with structural participants stabilizing positions and rotating capital during this process. Bitcoin failed to hold the short-term holder cost price of $112,500, with the price retreating below this critical level, confirming a retest of deeper structural support.