BTC falls below the $102000 mark

[Grayscale Adds Shiba Inu to the List of Assets Eligible for Spot ETF Listing] Grayscale Investments announced that Shiba Inu (Shiba Inu) has been included as one of the crypto assets eligible for listing on a U.S. spot exchange-traded fund (ETF). This news was published in Grayscale's recent blog post, *Market Byte: Here Come the Altcoins*. Grayscale noted that following the launch of Bitcoin and Ethereum ETFs, the development process for ETF products targeting altcoins like Shiba Inu has been significantly simplified. The report mentioned that the first Bitcoin spot exchange-traded product (ETP) took over ten years from its proposal in 2013 to its approval in January 2024. However, the U.S. Securities and Exchange Commission's (SEC) approved 'General Listing Standards' (GLS) framework has now accelerated the rollout of cryptocurrency ETPs.

[Upbit Restricts Deposit and Withdrawal Operations for Addresses Related to MaskEx and Xinbi Guarantee] Upbit has announced restrictions on deposit and withdrawal operations for addresses related to MaskEx and Xinbi Guarantee to prevent the inflow of criminal funds and mitigate money laundering risks. Until the specific facts are confirmed, deposit and withdrawal operations for these addresses, as well as the registration of withdrawal addresses under 1 million KRW, will be prohibited. Upbit reminds users to be cautious, as virtual asset transactions through these services may be exploited for criminal activities.

[U.S. Business and Political Circles Launch Legal Offensive Against Trump's Tariff Authority] On November 4, U.S. business leaders, members of Congress, and former government officials jointly called on the Supreme Court to limit the scope of President Trump's emergency tariff authority. Groups including the U.S. Chamber of Commerce and several former national security officials have submitted nearly 40 legal briefs opposing Trump's expansion of powers under the guise of a trade war. Trump has described the case as 'one of the most important cases in American history,' emphasizing that restricting tariff authority would jeopardize national security. The U.S. Chamber of Commerce warned that trade barriers have already harmed corporate investment and consumer confidence, slowing economic growth. Bitunix analysts believe that if tariff authority is restricted, the U.S. foreign trade landscape and global risk asset pricing will be reshaped. The dollar may face short-term pressure, while improved liquidity conditions in the crypto market could benefit BTC. However, heightened volatility remains the dominant theme.

The Federal Reserve’s 25-basis-point cut last week was widely expected, but Chair Jerome Powell’s restrained tone dampened risk appetite after he hinted that December’s cut isn’t guaranteed.

OKX has announced the addition of MMT (MMT) to multiple services, including spot trading, officially launching on 2025-11-04 at 22:00 (UTC+8). Notes: - Market orders are not allowed within the first 5 minutes after the new token is listed. - The maximum amount for each limit order within the first 5 minutes after listing is $10,000.