According to Lookonchain monitoring, the largest SOL short address (0x35d1) on Hyperliquid has begun shorting ETH. This address is still using maximum leverage to increase its short positions in both SOL and ETH. Current positions include: - 441,400 SOL, worth $63.55 million - 335.58 ETH, worth $1.02 million

"Mastering the Art of Trading on Solana: A Comprehensive Step-by-Step Guide to Using the Full Archer Bot Like a Professional!" source: https://blocknews.com/how-to-trade-on-solana-like-a-pro-full-archer-bot-walkthrough/

According to Cointelegraph, recent analyses suggest that Bitcoin's significant price drop is not linked to the recent U.S. government shutdown or concerns about an AI technology bubble. Despite Bitcoin (BTC) reaching its lowest point in nearly eight months, some market observers initially attributed this decline to macroeconomic uncertainties stemming from the government shutdown, which concluded last week. Additionally, fears of an AI bubble impacting the crypto market were also considered. Victoria Scholar, head of investment at Interactive Investor, noted that apprehensions about an AI bubble and the market's reliance on a few tech giants have led investors to reduce their exposure to speculative assets like Bitcoin. However, onchain analyst Rational Root challenged the notion that the U.S. shutdown was a primary factor in Bitcoin's downturn during a podcast interview on YouTube. Rational Root argued that the decline from Bitcoin's all-time high of $125,100 in October was more likely due to excessive futures leverage in Bitcoin. Similarly, Bitcoin analyst PlanB dismissed the idea that AI concerns are influencing Bitcoin's price. PlanC, another analyst, stated in an X post that the AI bubble thesis could be ruled out, citing Nvidia's strong earnings as evidence. Nvidia reported record revenue of $57 billion for its third quarter ending October 26, surpassing Wall Street's expectations of $54.7 billion. PlanC suggested that the reasons for Bitcoin's slump are narrowing, with only the 4-year cycle astrology narrative and delayed global liquidity remaining. He noted that the 4-year cycle narrative is increasingly debated within the crypto industry. Swan Bitcoin CEO Cory Klippsten mentioned that institutional adoption might have ended Bitcoin's famous four-year price cycles. Global liquidity, often measured by the M2 money supply, remains a topic of interest among Bitcoin holders. Strike CEO Jack Mallers emphasized Bitcoin's sensitivity to liquidity, describing it as a 'truth machine.' Rational Root expressed optimism about Bitcoin's future, suggesting that the cryptocurrency now has a 'clean slate' and potential for upward movement. He highlighted that Bitcoin has experienced resets comparable to bear market levels three times in the past three years, each allowing for upward movement. Root anticipates a more gradual price structure moving forward. Some analysts speculate that the conclusion of the U.S. government shutdown and the resumption of regular legislative sessions could lead to increased crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026.

Coinbase is expanding its DeFi Mullet service to Brazil. source: https://www.cryptopolitan.com/coinbase-brings-defi-mullet-to-brazil/

According to Foresight News, Ryan Adams, co-founder of Bankless, released an interview segment with Vitalik Buterin. During the interview, the host asked about Ethereum's relationship with Wall Street. Buterin responded by stating, "Wall Street, I think they are users. In Ethereum, we are 'pro-users.'" Previously, Foresight News reported, citing Solid Intel, that Vitalik Buterin warned at the Ethereum Developer Conference about the potential threat of quantum computing. He suggested that quantum computing might break elliptic curve cryptography before the 2028 U.S. presidential election. Buterin urged Ethereum to transition to quantum-resistant cryptography within the next four years.

According to Foresight News, Yi Lihua, founder of Liquid Capital (formerly LD Capital), expressed optimism on social media following the release of Nvidia's financial report and Google's Gemini3. He noted that the short-term risks in the U.S. stock market and AI bubble have been alleviated. Yi remains positive about potential economic easing starting in December, coupled with ongoing favorable developments in the cryptocurrency sector. Central banks in countries like the Czech Republic and Luxembourg have begun purchasing cryptocurrencies, while Japan's Financial Services Agency has reduced the cryptocurrency tax rate from 50% to 20%. Yi predicts that Bitcoin could reach one million dollars within the next five years, driven by the expansion of stablecoins and large-scale deployment of financial applications. He advises maintaining an optimistic outlook during challenging times and emphasizes the importance of risk management in spot trading strategies, suggesting that greater challenges often lead to higher rewards.

An onchain analyst said every time Bitcoin has seen a plunge like this, it has “allowed us to move higher. ” source: https://cointelegraph.com/news/bitcoin-price-drawdown-us-government-ai-bubble-crypto-analyst?utm_source=rss_feed&utm_medium=rss%3Fttl%3D0%26r%3Dxm51r2%26vfff%3D1763616819&utm_campaign=rss_partner_inbound

Young and rich investors want wealth advisers to offer crypto, and some have moved their money from those who don’t, according to a survey by Zerohash. source: https://cointelegraph.com/news/young-investors-switching-advisers-crypto-access-survey?utm_source=rss_feed&utm_medium=rss%3Fttl%3D0%26r%3Dxm51r2%26vfff%3D1763616819&utm_campaign=rss_partner_inbound

1. Vitalik Buterin warns Wall Street institutions of two major threats to Ethereum; 2. A whale, after realizing a profit of over $10 million on its short position in SOL, continues to short SOL with 20x leverage; 3. World Liberty Fi burns and redistributes $22.14 million worth of stolen WLFI tokens; 4. A whale that previously had $97 million liquidated suffers seven more consecutive liquidations on its ZEC short position, leaving its account with zero funds; 5. BOB will conduct its TGE today, with an initial airdrop of 4.15% of the total supply; 6. Registration for the programmable data chain Irys airdrop is now live; 7. ZEC liquidations exceeded $68 million in the past 12 hours; 8. Bitcoin spot ETFs saw a net inflow of $75.4696 million yesterday, the first net inflow after five days of net outflows; 9. Ethereum spot ETFs experienced a net outflow yesterday. $37.3518 million, marking the seventh consecutive day of net outflow.

Rising Japanese yields and struggling US banks hint at the "slow burn" risks analyst fears could spark Bitcoin's final downturn. source: https://cryptopotato.com/bitcoin-btc-could-be-repeating-a-q1-2025-cycle-and-the-final-shakeout-may-be-close/

William Lonergan Hill, co-founder of Samourai Wallet, has been sentenced to four years in prison for running an unlicensed crypto service used in criminal transactions. His co-founder received five years, and authorities are emphasising consequences for illegal activity linked to privacy-focused crypto tools.

Weak market structure, shrinking speculative demand, and a significant increase in risk aversion in the derivatives market.

Grayscale stated that Chainlink has the potential for further significant growth and has become the infrastructure of blockchain finance, especially in its advantageous position in the future landscape of seamless interaction between smart contracts and real-world assets, data, and institutions.

The Bitcoin sell-off was driven by medium-term holders, not long-term "whale" investors. The futures market showed signs of severe overselling following the tariff-induced liquidation.

The minutes of the Federal Reserve meeting showed that policymakers were seriously divided on whether to cut interest rates in December. The number of people who believed that no further rate cuts were needed this year did not reach a majority, but it exceeded the number of people who supported rate cuts. Some centrists would decide based on the data.

Amidst concerns about an AI bubble sweeping the market, Nvidia responded strongly with record quarterly revenue and a robust outlook, giving a boost to restless investors.

The "15th Five-Year Plan" period is a crucial stage for my country to basically realize socialist modernization. The development and utilization of digital assets will become an important force in promoting high-quality economic development, enhancing national governance capabilities, and promoting social progress.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse Morning 8," issue 2884, providing you with the latest and fastest news on the digital currency and blockchain industry.

Crypto finance is moving from its nascent stage to a mature structure dominated by compliance and institutions.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.