1. Strive Increases Bitcoin Holdings, Position to Reach $3 Billion
Asset management company Strive announced it will increase its Bitcoin holdings, with its position set to reach $3 billion. Strive is set to become the second-largest publicly traded company in the world by the amount of Bitcoin held. -Original
2. U.S. Treasury Sanctions Eight Canadian OTC Exchanges
On November 6, the U.S. Treasury sanctioned eight Canadian OTC exchanges, including Nia Nations (NNCE) and Million Exchange (MillionEX). This sanction follows a recommendation from ZachXBT five months ago to sanction practices involving the abuse of Iranian OTC brokers. ZachXBT pointed out that Canada's enforcement efficiency is low globally, leading to widespread abuses. -Original
3. Nick Timiraos: If Democrats Control Senate, Trump Will Be Restricted in Reshaping the Fed
Nick Timiraos stated that if Democrats control the Senate, Federal Reserve Chair Kevin Warsh will face obstacles in personnel appointments and may only work with existing board members. Democratic control of the Senate poses constraints on Trump's efforts to reshape the Fed. Currently, the majority of board seats were appointed by other presidents and there are no vacancies; future nominees must be confirmed by a Democratic Senate. Last year, Stephen Moore's confirmation and Mickey Bowman's promotion to Vice Chair of Bank Supervision received no Democratic votes of support, and Kevin Warsh himself received only one Democratic vote from Fetterman. -Original
4. Hong Kong to Submit Bitcoin and Cryptocurrency Bill by Year-End
Hong Kong has confirmed that it will submit an important bill regarding Bitcoin and cryptocurrencies by the end of the year. The bill covers licensing systems for trading, custody, consulting, and management. -Original
5. U.S. Spot Bitcoin ETF Holdings Exceed 2.06 Million Coins, Account for 10.24% of Supply
The total on-chain holdings of the U.S. spot Bitcoin ETF have surpassed 2.06 million BTC, accounting for 10.24% of the current BTC supply, with the on-chain holding valued at approximately $20.92 billion. -Original
6. Uncle Magi's 540 ETH Long Position Liquidated, Hyperliquid Account Reduced to Zero
Uncle Magi (Huang Licheng) had his 540 ETH long position fully liquidated on November 9 at 05:51 during a drop in Ethereum, with a liquidation average price of about $2,192, resulting in a loss of around $60,000. Currently, Uncle Magi's Hyperliquid account value has been reduced to zero. -Original
7. Mr. 1,000 Increases Holdings by 5,000 BTC Over Two Days, Total Holdings Reach 6,000 BTC
On November 8, HODL15Capital reported that the holder known as Mr. 1,000 increased his holdings by 5,000 BTC over two days, bringing his total holdings to 6,000 BTC, valued at approximately $456 million. Between November 5 and 6, the holder made 6 transactions, each adding 1,000 BTC. The last transaction was recorded on November 6 at 03:38, at which point the holdings were valued at $456 million, with BTC priced at $75,980 per coin. -Original
8. LNbits Under Attack, Officials Urge Users to Immediately Stop Server Operations
The Bitcoin Lightning Network wallet LNbits has been attacked, and officials are urging all users to immediately stop LNbits server operations. The team is developing a security patch, and users will need to wait for further updates. -Original
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