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Layer-1 blockchain Sui said support for the Suiet wallet will end after Nov. 14. Users were advised to back up each account’s recovery phrase or private key now and not share that information with anyone. Assets will remain on Sui, and users can continue to access them by importing accounts into another Sui wallet.

K33 Research said in a recent report that excessive leverage in the Bitcoin perpetual futures market has left the underlying asset vulnerable to sharp price swings. The report said BTC had posted five straight weekly losses and is now testing support around its 200-day moving average of $73,137 and the roughly $73,800 peak recorded in March 2024. Amid continued net outflows from ETFs and weak participation by institutional investors, open interest in the perpetual futures market has climbed to elevated levels, increasing the risk of sharp moves driven by either a short squeeze or a long squeeze. According to CoinMarketCap, BTC was trading at $73,512, down 0.98%, at the time of writing.

The three major U.S. stock indices opened higher today. - S&P 500: +0.9% - Nasdaq: +1.56% - Dow Jones: +0.2%

10x Research said in a report that Bitcoin has posted an average one-year return of 53.9% after U.S. midterm elections. According to the report, Bitcoin’s average returns after midterms were -13.6% after one month, -21.6% after two months, -13.3% after four months, +3.5% after six months, and +53.9% after one year. The report said Bitcoin tended to decline initially but showed a longer-term upward trajectory, with its one-year return exceeding the average returns of the S&P 500, Nasdaq 100, and gold. 10x Research added that increased volatility after midterm elections could indicate cyclical selling pressure being exhausted rather than a structural trend breakdown, and assessed that the current pullback could offer an attractive entry opportunity for long-term investors.

Nick Tomaino, founder of crypto-focused venture capital firm 1confirmation, said claims that the possibility of a Polymarket token launch has disappeared are foolish. Tomaino added that 1confirmation participated in every Polymarket funding round and, while the token-related messaging in a recently released public statement was disappointing from a promotional standpoint, the firm still believes a token launch remains possible.

Glassnode said in a weekly report that stablecoin supply shrank by $14.2 billion over the past 30 days, marking the fastest contraction since June 2022 and indicating that the fuel for a broader crypto market rally is drying up. The report said Bitcoin is undergoing a correction with little fresh capital entering the market, leaving few near-term factors to support a bullish outlook. It added that a large share of the excessive leveraged positions clustered around current price levels has already been liquidated, while some whale wallet groups have shown signs of accumulation. For a rebound, Glassnode said it is important for Bitcoin to reclaim $75,600, the realized price for short-term holders, or the average on-chain acquisition cost. On the downside, the report said a sustained move below $73,000 could lead to a prolonged consolidation phase, while a weekly close under $58,500 would invalidate the rebound scenario.

Russia’s central bank announced on its official website that it will allow regulated, qualified cryptocurrency exchanges to operate from Nov. 22. Before launch, however, exchanges must establish trading operation rules and obtain approval from financial authorities. The Russian central bank said exchanges will be required to register trading participants including brokers, asset managers and central clearing institutions, while also managing order and transaction records and carrying out trade monitoring. It added that exchanges must calculate price indicators such as current prices, volume-weighted average prices, market prices and closing prices, and report trading conditions and results to the central bank. CoinNess previously reported that the Russian central bank had allowed individual investors, or non-qualified investors, to invest in BTC, ETH and USDT.

Ethereum layer-2 network Scroll (SCR) said through its official community that it fixed a vulnerability found in a bundle proof verifier deployed on mainnet and carried out an emergency upgrade on Nov. 11. If exploited, the flaw could have allowed a previously valid proof to be reused with new public inputs to finalize an arbitrary state root and withdrawal root. Scroll said no cases of exploitation were found during the period when the vulnerability existed, and its forced inclusion mode, an emergency mechanism, was not activated.

Wang Chun, co-founder of F2Pool, the world’s fourth-largest Bitcoin mining pool, withdrew 3,996 ETH worth about $8.23 million around four hours ago and staked it through Lido, according to ai_9684xtpa. The wstETH received from the staking was then deposited into the DeFi lending protocol Spark (SPK).

Robinhood’s crypto trading volume in October was about $17 billion, down 21% from the previous month and 48% from a year earlier, Crypto Briefing reported. Over the same period, stock trading volume rose to about $325 billion, up 1% from the previous month and 2% from a year earlier. Options volume was 289 million contracts, little changed from the previous month and up 8% from a year earlier.

Laser Digital, the digital-asset subsidiary of Japan’s Nomura Group, is joining a tokenized investment product project tied to Saudi Arabian small and medium-sized enterprise loans, The Block reported. Partner firm ZIG Finance plans to launch "zEMS Vault," an on-chain investment product on BNB Chain, with a goal of raising $100 million. The product will use Saudi SME loans handled through Beehive’s lending infrastructure as the underlying assets, and qualified institutional investors will be able to subscribe or redeem using stablecoins. Laser Digital is set to provide risk management framework design and token-related advisory services.

Bitwise Chief Investment Officer Matt Hougan compared Hyperliquid’s growth strategy to Amazon’s and said HYPE has the potential to develop into a major global financial platform. On the Unchained podcast, Hougan said Amazon started as an online bookstore before expanding into other business areas, and Hyperliquid is similarly broadening its business beyond crypto perpetual futures into real-world assets and prediction markets. About half of Hyperliquid’s current trading volume comes from non-crypto assets such as crude oil, silver, and the S&P 500, he said. Over the past 30 days, its perpetual futures trading volume topped $254 billion, while revenue reached about $69 million over the same period. Hougan said the business diversification could become a long-term growth driver for the platform.

Stablecoin issuer Tether said it has launched QVAC BotPsy, an artificial intelligence model that can run directly on users’ devices. The model was developed based on Alibaba’s Qwen3.5 architecture and links users’ everyday requests to on-device tool execution.

StoneX has maintained a Buy rating and an $18 price target on tokenization platform Securitize, The Block reported. The financial services firm projects Securitize will generate $72.4 million in revenue this year and said the tokenized equities market could become a major growth driver. StoneX said the global equity market is worth about $169 trillion, while only about 0.002% has been tokenized on-chain, indicating substantial room for expansion.

Crypto custody firm BitGo said it will add support for four exchanges to BitGo Link, its integrated management platform for institutional investors: Binance, Bybit, Bitstamp and Deribit. With the additions, the number of exchanges supported by BitGo will expand to 10, including Coinbase, Kraken, Crypto.com, Gate, Bitget and OKX. BitGo Link helps institutional investors view asset balances across multiple exchanges in one place and manage deposits, withdrawals and account access permissions across BitGo wallets and exchange accounts.

Lending protocol Aave said MidasRWA’s mWIN can now be used as collateral on Aave Horizon. mWIN is a tokenized onchain investment product tied to the performance of an actively managed portfolio investing in investment-grade bonds across multiple sectors.

OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, plan to launch their joint tokenized stock trading platform OKXICE on Nov. 23, Bloomberg reported. The platform plans to offer more than 70 digital assets linked to stocks and ETFs, although some products, including 59 leveraged and inverse ETFs from Direxion, are not expected to be available for trading on the launch date. Meanwhile, 67 companies, including McDonald's, Coca-Cola and JPMorgan, have expressed opposition to the tokenized trading of their shares. Of the 62 companies selected by OKXICE for initial trading, 56 objected, while only six crypto-related companies, including Coinbase, Strategy and Robinhood, have not publicly opposed the plan.

A Solana Research Institute analysis found that if financial market infrastructure shifts to public blockchains, incumbent providers’ annual revenue could fall by as much as $20.3 billion. SRI estimated that of the global FMI market’s $31.5 billion in annual revenue, only $11.2 billion would remain with existing providers after an on-chain transition. The analysis said the trading segment’s entire $13 billion in revenue would be exposed to competition, while about $6.8 billion of the clearing segment’s $10 billion in revenue would likely be retained. It added that the estimate assumes regulators do not take separate measures to protect incumbent providers. SRI said cost savings from the on-chain shift would likely accrue to users and new entrants.

Decentralized exchange GMX said GMX Dollar Vault is now supported as a collateral asset on Morpho. Users can deposit GLV [USDG], borrow USDG against it, and repeat the strategy. GMX said the estimated return on equity for a U.S. dollar-denominated position is around 28% with 2x leverage. Gauntlet will curate the market.

Bloomberg Intelligence macro strategist Mike McGlone said declines could spread across financial markets through year-end as Bitcoin, U.S. equities, and major commodities have each posted peaks in sequence. McGlone said BTC peaked on Oct. 6 last year, the Nasdaq 100 peaked on Oct. 6 this year, and gold, silver, and crude oil also formed highs in the first quarter of this year. McGlone added that a shift in the Federal Reserve’s tightening stance and changes in the political balance of power could increase downward pressure on markets. McGlone also said policy shifts away from measures that had supported energy prices and inflation could accelerate the post-inflation deflation cycle.

Barclays increased its holdings of BlackRock’s spot Bitcoin ETF IBIT by 48% in the third quarter, Cointelegraph reported. According to a 13F filing submitted to the U.S. SEC, Barclays’ IBIT holdings rose to 3.94 million shares worth around $187 million at the end of September, from 2.66 million shares worth $88.5 million at the end of June. Citigroup also disclosed a new position in Fidelity’s spot Bitcoin ETF FBTC worth about $119 million, while expanding its IBIT holdings by 50% to about 521,000 shares.

Dubai-based investment firm Cequire Capital plans to invest $100 million in Web3 startups and cryptocurrencies over the next three years, Crypto Briefing reported. The firm’s five main investment areas are stablecoins and stablechains, AI agent payments, real-world asset tokenization, privacy technology, and quantum-resistant security. It plans to allocate 60% of the total funding to venture investments, 30% to cryptocurrency investments, and 10% to co-investments.

Bitcoin Core has disclosed three security vulnerabilities that were fixed in past patches, The Block reported. One of them was identified as a high-severity flaw that could have prevented affected mining nodes from generating block templates. The other two issues could have caused delays or interruptions in block processing, or mistakenly granted trusted permissions to external connections through the Tor network. All of the vulnerabilities had already been fixed in earlier updates.

CryptoQuant said BTC investor sentiment is worsening. The firm said its analyst consensus index fell from -1.0σ to -1.8σ over the past seven days, entering what it classified as a clear bearish phase. Over the same period, BTC also slipped to around $73,000. CryptoQuant said 88 of 149 analysts who gave clear outlooks over the past seven days were bullish, while 59 were bearish. While bullish views still accounted for about 62%, the firm said overall investor sentiment had weakened significantly versus the typical level seen over the past 90 days. It added that the indicator is classified as being in a clear bearish phase when it falls below -1.5σ, and said ETF outflows, inflation concerns, and Nasdaq weakness are weighing on sentiment.

Bitcoin remained rangebound near $74,000 after falling to as low as $72,700 yesterday, even as U.S. equities recovered, CoinDesk reported. The outlet said AI cloud company CoreWeave posted earnings above market expectations, helping Nasdaq 100 futures rebound 1.7%. By contrast, the CoinDesk Memecoin Index and CoinDesk 80 Index fell 1.2% and 0.3%, respectively. Spot Bitcoin ETFs in the U.S. also continued to see outflows. According to SoSoValue, U.S. spot Bitcoin ETFs recorded net outflows of $95 million yesterday, extending the streak to four consecutive trading days. BlackRock's IBIT saw $78 million in outflows, marking a net outflow streak of eight straight trading days.