BTC breaks through the $111000 mark

[Over 95% of Cryptocurrency Mining Equipment in Iran Operates Illegally] Iranian authorities estimate that out of the 427,000 active cryptocurrency mining devices in the country, over 95% are operating without authorization. Akbar Hasan Beklou, CEO of Tehran Province Electricity Distribution Company, stated that Iran has become the world's fourth-largest cryptocurrency mining hub, primarily due to electricity subsidies attracting illegal miners. These illegal devices consume over 1,400 megawatts of electricity daily, severely impacting the stability of the national power grid. Beklou pointed out that most illegal miners disguise themselves as industrial facilities to obtain low-cost electricity.

Member indicators show that the current price is below the EMA24 and EMA52 moving averages, and the moving averages are bearish, indicating that the short-term downward trend has not changed. Meanwhile, the distribution of chips indicates that $3857.5 is a strong support level, and if it falls below, it may further explore $3846. Combined with the K-line pattern, a cross star appears in the latest 1-hour cycle, exacerbating market hesitation and making direction choices urgent. Although the MACD bar chart shows an increase in upward momentum, the KDJ dead cross signal suppresses the rebound space. The resistance of $3869 is significant and needs to be broken through to alleviate downward pressure. Open a membership, obtain accurate support resistance calculation, and lock in trading opportunities in advance! The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.

[The Top 100 Public Companies Hold Over 1.05 Million Bitcoins] According to BitcoinTreasuries.NET data, as of November 2, 2025, the top 100 public companies holding the most Bitcoin collectively own 1,051,740 BTC. Over the past 7 days, 12 of these companies have increased their Bitcoin holdings.

[OpenAI Plans to Integrate Shopping Checkout Functionality into ChatGPT and Charge Commissions] OpenAI plans to directly integrate shopping checkout functionality into ChatGPT and charge commissions from online shopping. Walmart has become the first major retailer to partner with OpenAI, marking OpenAI's significant push into the online retail sector.

[Macro Analyst Says Bitcoin's Sideways Movement Marks Its Entry into a Mature Phase] Wall Street veteran and macro analyst Jordi Visser stated that Bitcoin's sideways movement this year is akin to a quiet IPO, marking Bitcoin's entry into a mature phase. He pointed out that early whales, after more than a decade of venture investment, are choosing to take profits, while institutional investors are gradually increasing their Bitcoin holdings.