BTC breaks through the $104000 mark

Affected by macroeconomic concerns, the risk of government shutdown, and the $19 billion settlement in October, cryptocurrency related stocks such as Coinbase, Block, and Robinhood fell 11% -14% this week. （Cointelegraph）

The U.S. Spot Bitcoin ETF recorded a net outflow of $554.19 million yesterday.

[Hong Kong's First Case of Unlicensed Investment Advice Sentencing: Financial 'Influencer' Sentenced to Six Weeks in Prison] The Eastern Magistrates' Court of Hong Kong has sentenced financial 'influencer' Chau Pak Yin to six weeks in prison for providing investment advice without a license. Chau created and managed paid chat groups via social apps, violating relevant laws. This case marks the first instance in Hong Kong where someone has been sentenced to imprisonment for offering unlicensed investment advice. The Hong Kong Securities and Futures Commission (SFC) disclosed that Chau collected a total of HK$43,680 from group members and stated that it will continue to crack down on similar illegal activities and hold offenders accountable.

[Bitcoin OG Owen Gunden Deposits 500 BTC to Kraken] On November 8, according to Onchain Lens monitoring, Bitcoin OG Owen Gunden deposited 500 BTC to Kraken this morning, valued at approximately $51.68 million. Owen Gunden currently still holds 6,650 BTC, valued at approximately $685.71 million.

[Ark Invest increases holdings by 43,454 shares of BMNR stock, totaling $1.745 million] On November 8, Cathie Wood's Ark Invest increased its holdings by 43,454 shares of Bitmine Immersion (BMNR) stock through two funds, totaling $1.745 million. Among them, ARKK increased holdings by 33,698 shares, and ARKW increased holdings by 9,756 shares.