Key Factor: BTC's $116 million order book imbalance suggests short-term focus on buy orders.

Binance - MET is currently priced at $0.3084, up 10.14% in the last 24 hours. 24-hour trading volume was $35.47 million, representing a 156.6% increase. (For reference only.)

Former FBI agent Patrick Steven Yaroch pleaded guilty on November 5 to wire fraud and money laundering. He used his official authority to obtain cryptocurrency credentials collected during an FBI investigation and carried out approximately 100 fraudulent transfers, illegally profiting about $2.47 million. Patrick Steven Yaroch stole assets from wallets controlled by his investigation subjects, hostile state actors, and wallets created by the FBI, and used some of the funds to pay off personal debts. Sentencing is scheduled for March 4, 2027, and he faces a maximum sentence of 20 years in prison. (Source: U.S. Department of Justice)

[US Government Approves New Matrix's Purchase of Nvidia H200 Chips] The US government has approved the purchase of Nvidia's H200 AI chips by the Chinese company New Matrix, but the company's registered office address is vacant. New Matrix was established approximately 17 months ago, with little publicly available information. The company is not listed in the directory of companies at its registered address, and campus property management personnel stated they have no record of it. The company's owner is associated with a Chinese private equity firm that has been blacklisted by the US since 2024. It is not an isolated case for a company associated with an entity subject to US national security-related trade restrictions to be allowed to purchase Nvidia chips. (Source: The Verge)

On November 3, 2026, the U.S. Securities and Exchange Commission (SEC) submitted a proposed rule for cryptocurrency broker-dealers to the White House, requesting regulatory review. The proposal involves four provisions under the Securities Exchange Act, covering broker-dealer capital, client asset protection, and record keeping. Currently, there is no publicly available draft or confirmed release date. The proposal involves rules 15c3-1, 15c3-3, 17a-3, and 17a-4, which respectively address net capital requirements, customer asset protection, and record keeping and retention. A staff statement released by the SEC in December 2025 provided guidance on some crypto asset custody arrangements, but did not amend the relevant rules or establish comprehensive custody standards. The Democratic Party won a majority of seats in both houses of Congress in the November 3, 2026 midterm elections, and is expected to gain control of the new Congress that begins on January 3, 2027. Congressional Democrats can oversee the proposal through hearings, document requests, and appropriations negotiations; its passage depends on subsequent oversight procedures. (Source: Bitcoin.com News)

Of the 88% of S&P 500 companies that have released their earnings reports, 84% reported earnings per share that exceeded consensus expectations, with an average exceedance of 2.7%. The market will focus on October CPI and core PCE inflation data next week. Cisco will release its earnings report on Thursday, with the market focused on its progress toward achieving its full-year target of $7.5 billion in AI infrastructure orders. CoreWeave will release its earnings report on Tuesday, with investors watching its AI data center construction and contract backlog. The company, along with emerging cloud service providers like Nebius, faces rising borrowing costs and debt financing pressures. (Source: Investor’s Business Daily) AI Interpretation: Next week's CPI and core PCE data are key indicators for measuring inflation stickiness. The current downward path of inflation faces uncertainty, and the market is using this data to recalibrate its expectations for the Federal Reserve's monetary policy. If inflation data is higher than expected, it will directly reduce the room for interest rate cuts and push up US Treasury yields. Investors need to be wary of the suppressive effect of a rebound in inflation on asset valuations; these macroeconomic data will be core variables determining short-term market risk appetite.