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Bitcoin has risen again above $91,000, momentarily approaching the $92,000 mark. The question arises whether this is the beginning of a new upward momentum or just a technical bounce.
• BTC is rising along with expectations for a rate cut in December.

• Analysts believe that macroeconomics favors a return to a bull market.
Bitcoin is rising, but the market is still uncertain.
The price of bitcoin rebounded after recent declines and surpassed the $91,000 level. Despite the increases, analysts warn that technically this could still be a so-called dead cat bounce.

UBTech Robotics, the Chinese robotics giant, is beginning the deployment of humanoid Walker S2 robots at border crossings with Vietnam. This is one of the largest border infrastructure automation projects in the world.
• Robots will patrol, direct traffic, and perform logistical tasks.

• UBTech plans to produce up to 10,000 robots annually by 2027.
Humanoid Walker S2 robots are heading to the border between China and Vietnam.
Walker S2 robots will appear at checkpoints in Fangchenggang, in the Guangxi region. Their tasks will include managing the flow of travelers, patrolling, logistical work, and providing commercial services.

The largest cryptocurrency exchange in South Korea fell victim to a serious attack. Assets worth nearly 37 million USD were withdrawn from Upbit wallets, mainly from the Solana ecosystem.
• Hackers stole tokens worth 36.8 million USD from Upbit wallets.

• The exchange suspended withdrawals and promised full compensation to users.
Upbit confirms a massive leak of funds

Upbit reported a security breach of its wallets, resulting in the theft of tokens worth 36.8 million USD.
Among the withdrawn assets were memecoins (BONK, MOODENG, TRUMP), DeFi projects (SONIC, ACS, JTO, RAY), as well as SOL and USDC. The exchange immediately suspended withdrawals and assured that it would cover users' losses with its own funds.

The price of bitcoin has recently fallen, but according to macroeconomist Lyn Alden, this is just a correction and not the beginning of a major crash.
Alden believes that the current drop in BTC is natural in this cycle and there is no reason to panic.
In the medium term, bitcoin could recover to the level of 100,000 USD in 2026, and new ATHs are possible in the coming months or in 2027.

Correction in a downward trend
Since the October ATH at 126,100 USD, bitcoin has been in a downward trend, reaching a local minimum of 80,700 USD, before bouncing back to 85,600 USD.

The dynamic increase in the price of ZEC and the aggressive marketing of the project raise a debate about its role compared to Bitcoin.
The price of ZEC has increased by nearly 100% in a month, reaching 720 USD, while BTC lost 22%.

Experts warn about the risk of artificial pumping and fracturing the cryptocurrency community.

ZEC and security and impact on BTC
Analyst Eric Balchunas (Bloomberg) compared ZEC to a 'third-party candidate' in US politics – its popularity may undermine Bitcoin's position.

On the other hand, the marketing campaigns of ZEC, including paid influencer posts and headlines like 'Fidelity predicts 100,000 USD', raise doubts about artificial demand creation.

The cryptocurrency market is undergoing the largest sell-off since the pandemic, but experts believe that the bull market is still ongoing and we have not entered a bear market.
In the last 30 days, about 1 trillion USD has flowed out of the market, causing panic.
Analysts compare the current situation to the declines in 2020, suggesting that it is more of a correction than the beginning of a prolonged bear market.

Experts: the market resembles 2020, not 2021
Although declines dominate, analysts remain optimistic. "We will break through the largest wall of fears in the history of cryptocurrencies," wrote analyst Sykodelic.

Binance is once again under fire in the USA. The exchange and its former leaders have been sued for allegedly enabling cryptocurrency transfers for Hamas in the years leading up to the attack on October 7, 2023.
Binance may once again face serious legal consequences in the USA.

The lawsuit concerns the alleged facilitation of terrorist transactions.

New lawsuit against Binance
On Monday, a class action lawsuit was filed in federal court in North Dakota, signed by over 300 presumed victims and relatives of those affected in the Hamas attack.

Bitcoin is losing value again, dropping to new local lows. The latest data from the US labor market triggered another wave of selling.
The BTC price has dropped to about 84 thousand USD – the lowest in almost seven months.
The reason is fresh data from the USA, which reduced the chances of a rate cut in December.
Tom Lee indicates that the problem remains the lack of capital from market makers.
Bitcoin is under strong pressure again.
The price of bitcoin fell today to about 84,500 USD, which means a 32% correction compared to the record from October (126,080 USD).

The drop of BTC below 90,000 USD activates the largest investors. Santiment data indicates that whales are aggressively buying the dips.
Over 130 thousand large transactions in a few days.
Macro factors are beginning to favor a rebound.
Whales are accumulating at full speed
The price of bitcoin has dropped to levels not seen in seven months, but for whales, this is a signal to act. Santiment reports over 102 thousand transactions exceeding 100 thousand USD and 29 thousand above 1 million USD. Analysts emphasize that this week could end with record activity from large wallets.

The largest asset manager in the world prepares another fund based on ether. The new BlackRock ETF aims to enable ETH staking – something that has been lacking in the US market.
BlackRock registers an ETF on ETH with staking.
Change in the SEC opens the way for new products.

New offer for institutions
Following the success of Bitcoin ETFs and the first ether fund, BlackRock registers another product – this time including ETH staking. This allows institutional investors to earn passively by locking tokens without the need for technical maintenance.

After being pardoned by President Donald Trump, suggestions emerged that Changpeng Zhao might seek a refund of $4.3 billion paid as part of a settlement with the DOJ. CZ responded – and sparked another debate.
Zhao claims he does not expect a refund of the fine.
His use of 'my' raises questions about his role in Binance.

CZ responds to speculation
Anndy Lian suggested that Binance 'probably' did not ask the USA for a refund of $4.3 billion paid in 2023 as part of the settlement. Changpeng Zhao addressed this by stating that the pardon itself is 'sufficient' for him and that there is a fine line between asking for more and appreciating what has been received. He also added that if any refund does appear, 'we will invest it in America.'

Despite the drop in the price of ether, Tom Lee argues that ETH is on the verge of a strong upward trend. On-chain analysts also see signals of an impending rebound.
Tom Lee predicts an ETH supercycle.
Ether is approaching a key accumulation level.

The final stretch before the rebound?
Tom Lee, president of BitMine, claims that ether is repeating the path of bitcoin from years ago. BTC, recommended by him at 1000 USD, has dropped multiple times by 75% before becoming an asset valued a hundred times higher. Lee believes that ETH is currently in a similar position, despite the drop to around 3200 USD.

Harvard University has increased its exposure to bitcoin by an impressive 280% in just three months. BTC has become the largest position in the university's investment portfolio.
Harvard has $442 million in ETFs on BTC.
Bitcoin has surpassed Microsoft and Amazon in the university's portfolio.
BTC is number one in Harvard's portfolio.
Bitcoin spot ETFs have allowed institutions easy and secure access to the digital asset market. Harvard has taken advantage of this opportunity exceptionally intensively — a report to the SEC revealed that at the end of Q3, the university had over $442 million in shares of the IBIT fund from BlackRock.

An increasing number of experts are convinced that the classic four-year bitcoin cycles are losing significance. The CEO of Bitwise claims that cryptocurrencies operate today according to completely new rules.
Bitwise rejects the theory of cyclicality.
ETFs and US politics have a greater impact on BTC than halving.

The crypto market in a new reality
Hunter Horsley, CEO of Bitwise, believes that the months-long correction is coming to an end, and the bitcoin market is in a transition phase to the next increases. In his opinion, investors should 'abandon the thinking of the previous era', based on halving and four-year cycles, as institutions and spot ETFs dominate the market today.

The analytical platform Santiment warns that when the market expects a bottom to be formed, it… usually does not get one. Bitcoin may therefore drop even further before we see a real rebound.
Santiment: true bottoms do not appear when most are watching for them.

The recent drops may be related to the panic surrounding ETFs and rumors about Michael Saylor selling BTC.
Will bitcoin drop even lower?

Santiment in a new report emphasizes that the cryptocurrency market rarely behaves according to crowd predictions. The company warns against too much certainty in determining a local bottom: true lows often occur only when most investors expect further declines.

After a six-month break, Binance is once again opening up the possibility of leveraged trading and loans in stablecoins for Polish users. This is great news for traders who have been waiting for the return of key platform features.
Binance restores margin trading and loans in stablecoins for users from Poland.
On this occasion, the exchange is launching a promotion with a total pool of 30,000 USD in USDC.

Binance returns with margin trading and loans in Poland
After months of uncertainty related to European cryptocurrency regulations, Binance announced the return of two long-awaited features for Polish users — margin trading and loans in stablecoins.

During the Warsaw conference Future Finance Summit, emotions ran high — politicians outdid each other with ideas for further limiting the cryptocurrency market in Poland. Amidst the chaos and populist declarations, however, Łukasz Pierwienis, CEO of Binance Poland, stood out as the only one talking about the realities of the industry and the need for reason in regulations.
Politicians are shocking again with their proposals — including a tax on crypto-crypto transactions.
Łukasz Pierwienis from Binance Poland pointed out that Polish regulations are the most restrictive in Europe and called for a rational approach.

Binance introduces a new BLIK One-Click feature that allows users to buy cryptocurrencies with one click – without the need to enter a code. This is another step towards simplifying payments and facilitating investment for Polish users.
The new BLIK One-Click Buy Crypto feature allows users to buy cryptocurrencies in the Binance app without a code.
The minimum purchase amount is 30 PLN, and the solution works thanks to cooperation with ZEN.COM.
Binance introduces BLIK One-Click
The largest cryptocurrency exchange in the world has announced an expansion of its integration with the BLIK payment system. Until now, users could only deposit funds, but now they can buy cryptocurrencies directly in the Binance app without the need to enter a code.

Bitcoin is losing value again, and analysts from CryptoQuant warn that if it does not maintain the level of 100,000 USD, its price could drop to as low as 72,000 USD in the coming weeks. Is this the beginning of a bear market?
CryptoQuant warns: possible drop of BTC to 72,000 USD in 1–2 months.
The key defense level is 100,000 USD – its loss could signify the end of the bull market.
CryptoQuant warns of a drop to 72,000 USD
Analysts from CryptoQuant point out that the current weakening of Bitcoin may be the beginning of a larger correction. If BTC does not stay above 100,000 USD, it may fall to as low as 72,000 USD in the next two months – warns Julio Moreno, head of the company's research department.

Binance introduces new trading pairs on its platform, including Zcash (ZEC) – one of the most popular privacy tokens, whose value has increased by over 500% in the last month. A special promotion on transaction fees has also been launched.
Binance has added DASH/USDC and ZEC/USDC pairs – trading starts on November 5.
The exchange's decision may signify a return to greater acceptance of privacy cryptocurrencies.
Privacy cryptocurrencies are returning to Binance
The largest cryptocurrency exchange in the world announced that it will start trading new pairs on November 5: DASH/USDC and ZEC/USDC. For DASH, this is a continuation of support, while for Zcash – a debut in the spot market with USDC.