According to Bitcoin News on the X platform, the Financial Accounting Standards Board (FASB) in the United States has proposed new accounting guidelines that classify stablecoins as cash equivalents in corporate financial statements. Eligible digital assets must possess features such as cash redemption on demand, direct redemption of a certain amount of cash from the issuer by the holder, segregated management of reserve assets, and full 1:1 support from short-term high liquidity assets (DART). FASB clarifies that the definition of cash equivalents applies to digital assets such as stablecoins, and companies are required to disclose important components of cash equivalents annually. This proposal is open for public comment until November 19, 2026.

According to Ai Yi's monitoring, three addresses have cumulatively purchased approximately $12.42 million worth of ETH in the past 2 hours. Among them, addresses 0x9a4... 6EEF5 have withdrawn 3101 ETH worth $7.08 million from Binance; Address 0x45b... 58CA1 suspected to have purchased 3092 ETH worth 7.05 million US dollars from Galaxy Digital OTC; Address 0x695... 54a97 purchased 1044 ETH worth 2.39 million US dollars on the chain through Cowswap.

Nasdaq listed company Eightco Holdings announced the repurchase of 14 million shares, with a total asset size of $389 million. According to The Block, Eightco Holdings' treasury includes 302 million WLD tokens, 16278 ETH, $90 million OpenAI equity exposure, and $18 million Beast Industries equity investment.

According to BBC reports, in the 2025-26 fiscal year, HM Revenue and Customs (HMRC) sent 81172 warning letters, emails, and text messages to cryptocurrency investors, compared to 27714 in the 2023-24 fiscal year. Accountants urged investors to check their tax status.

Standard Chartered has stated that Bitcoin is expected to reach $100000 by the end of the year, with the US Treasury Department's repurchase program being the main driving factor. （Bitcoin Archive）