ETH breaks through the $2,300 mark

CFTC Chair Michael Selig said the move gives U.S. traders a regulated alternative to “offshore, and often unregulated, venues.”

Markus Thielen predicts Bitcoin will reach $90,000 by the end of the year and questions the demand for institutional ETFs, while stating that Ethereum needs to provide more value for its holders.

[A massive $31.97 million BTC order has been executed, and major Binance futures traders are reducing their positions.] Sudden shift in fund movements sparks subtle market sentiment changes, future trends remain uncertain...

On November 3, Trump said that Tuesday's midterm elections would be better for Republicans than expected, and claimed that the inflation problem had been solved and everything was going well.

Lorenzo Valente, Head of Digital Asset Research at ARK Invest, stated that cryptocurrency hacks constitute a hidden transaction tax and value storage cost, with the losses ultimately borne by users. Since 2018, the crypto industry has lost an average of 24 basis points of its total market capitalization annually due to hacks, compared to 1.7 basis points for deposit losses due to fraud in the US banking system—a difference of approximately 14 times.