[UK High Court to Hold Hearing on Disposal of 60,000 Bitcoins on November 17] The main perpetrator of the 60,000 Bitcoin money laundering case, Qian Zhimin, purchased Bitcoin at an average price of 2,815 yuan per coin. By the time of his sentencing in the UK, the price of Bitcoin had risen to 750,000 yuan per coin, an increase of 266 times. Regarding the disposal of frozen assets involved in the case, the UK has not yet progressed to the stage of returning or sharing them with Chinese authorities. On October 30, the Hedong Branch of the Tianjin Public Security Bureau issued a notice stating that the public security authorities are cooperating with UK law enforcement agencies on cross-border efforts to pursue fugitives and recover assets, striving to mitigate the losses of those who participated in the fundraising. The UK High Court is scheduled to hold another hearing on the disposal of the involved Bitcoins on November 17, 2025 (UTC+8).

[Equation Founder Vida Increases BTC Holdings and Adds to Meme Coin Positions] Vida, the founder of Equation News, increased BTC holdings today as a long-term allocation and added positions in a small-cap Meme coin for short-term speculation. The total investment accounts for approximately 0.7% of personal net assets. Vida believes the current market sentiment is excessively fearful and is optimistic about the crypto market in the coming months. Reasons include the manageable correction in U.S. stocks, BTC being near the key support level of the 1-week supertrend, and the high rebound probability of some altcoins during periods of extreme pessimism. He stated that ideal buying opportunities usually occur when large institutions face liquidation, but he believes the likelihood of this happening within a year is relatively low.

The Giant Whale address DYzF92 sold 33400 SOLs worth 4.71 million US dollars. Seven months ago, the address purchased 32100 SOLs for 4.94 million US dollars and received 1283 SOL rewards (worth 181000 US dollars) through staking, resulting in a loss of 230000 US dollars. （Lookonchain）

[Santiment: Bitcoin Social Discussion Heat Reaches 4-Month High] Crypto sentiment analysis platform Santiment stated that discussions about Bitcoin on social platforms have surged. This Friday, as Bitcoin's price dropped below $95,000, the discussion heat reached a 4-month high, reflecting extreme panic and a full outbreak of FUD sentiment among retail investors.

[Yala Responds to Stablecoin YU Community Concerns, Actively Investigating the Situation] On November 16, the stablecoin protocol Yala stated that it has taken note of the community's concerns regarding the stablecoin YU and is actively investigating the matter, promising to release further updates. The DeFi community YAM pointed out that Yala's stablecoin YU is exhibiting suspicious behavior similar to USDX, with related addresses lending out USDC at high interest rates but failing to repay. An address closely associated with Yala borrowed the full amount of USDC and most of the YU funds from Euler's Yala Frontier market. Despite the high interest rates, no repayments have been made, resulting in a 100% utilization rate of market funds, leaving lenders unable to withdraw liquidity. The Euler team has since set the borrowing cap for this market to zero. YAM added that the peg on YAmericaolana is currently being maintained, with nearly $1 million USDC in its liquidity pool available for exit at the pegged price. However, it remains uncertain whether Yala is in financial distress.