Coinbase, the biggest US crypto exchange, said it won’t move forward with plans to acquire stablecoin infrastructure startup BVNK in what was a roughly $2 billion transaction https://t.co/kE4NhjvJsR ...

According to South Korea’s Maeil Business Newspaper, crypto exchange Bybit is pursuing the acquisition of Korbit, the country’s fourth-largest exchange. Sources said Bybit recently met with Korbit’s management to begin the acquisition process. Korbit is currently 60.5% owned by NXC (parent company of Nexon) and 31.5% by SK Planet, with Bybit reportedly considering starting the deal by purchasing SK’s stake before acquiring full ownership.https://t.co/2GQJsMAJgJ ...

Regulatory Landscape - Finland plans to implement its domestic Crypto-Asset Reporting Framework (CARF) starting in 2026 [1] - Finland is becoming one of the first EU countries to move ahead with CARF [1] - The OECD-led standards will require crypto exchanges to begin data collection in 2026 [1] - Global information exchange across over 50 countries is expected by 2027 [1]

🚀 Big news for all LBankers!We’ve been ranked as a Top 8 Crypto Exchange by @BTCTN News this November! 🎉With $5B+ daily volume, 930+ token listings, and our role as the ultimate memecoin discovery hub powered by EDGE and innovation, we’re just getting started 🌍🔥👉 Read more: https://t.co/STWq2hLxft#Crypto #Exchanges #LBank ...

Market Overview - The crypto market is experiencing high volatility, negatively impacting both small-cap tokens and leading assets, with the global crypto market cap dropping by 2% to $3.39 trillion and a total loss of $840 billion over the past 30 days [1] Liquidation Data - The recent selloff resulted in $1.73 billion in liquidations within 24 hours, with $1.32 billion attributed to long positions; Ethereum led with $573.91 million in liquidations, while Bitcoin followed with $499.89 million [2][3] - Over 430,000 traders have been liquidated during this period [3] Investor Sentiment - Despite the market crash, Binance recorded a net inflow of 8,403 BTC (approximately $855 million), indicating that some investors are preparing to sell Bitcoin due to market volatility [4] - Additionally, 809 million USDT entered Binance, suggesting a potential buying spree as some investors view the current situation as a buying opportunity; social sentiment has shifted towards "buying dips with confidence" [5] Large Investor Activity - Large investors continued their selloff on November 4, but the shift in sentiment could trigger a buying spree in the near future [6]

Gemini, the crypto exchange founded by billionaires Tyler and Cameron Winklevoss, is preparing to offer prediction market contracts, according to sources https://t.co/xMZhziKaDK ...

The founder of collapsed Turkish crypto exchange Thodex, who died in prison, appears to have killed himself after becoming increasingly isolated, his lawyer said https://t.co/LJqB1B7tj7 ...

Core Insights - Creditors of the defunct FTX exchange may only recover between 9% to 46% of their original losses due to the significant rise in digital asset prices since the exchange's collapse [1][2] - The disparity between court-approved dollar settlements and current market prices of cryptocurrencies, such as Bitcoin, has negatively impacted the recovery for creditors [2][3] Recovery Estimates - Bitcoin's value has surged from approximately $16,871 at the time of bankruptcy to over $110,000, resulting in a 143% cash recovery translating to only about 22% of the equivalent Bitcoin amount [3] - Ethereum's rebound to around $4,000 reduces the real recovery to 46%, while Solana's increase to approximately $200 cuts creditor value to about 12% [3] Creditor Community Reactions - The recalculation of recovery estimates has sparked debate among creditors, with many arguing that FTX's decision to convert claims into US dollars locked in losses at the market's lowest point [4] - Some creditors express frustration that they are being repaid less than the current value of the crypto they were originally owed due to the delay in repayments [5][6] Legal and Operational Context - Sam Bankman-Fried, the founder of FTX, has claimed that the company was never truly insolvent and suggested that earlier repayments could have allowed customers to repurchase their coins before prices surged [5] - The FTX estate has defended the conversion of claims to US dollars as a necessary action under U.S. bankruptcy law, which values claims as of the filing date to simplify the distribution process [6]

Core Viewpoint - Amazon's strong quarterly profit report significantly boosted the U.S. stock market, leading to a winning week and month for major indices [1][2]. Group 1: Amazon's Performance - Amazon's stock surged by 9.6% after reporting a profit that exceeded analysts' expectations, with CEO Andy Jassy noting accelerated growth in its cloud-computing business [2]. - The company's market capitalization of approximately $2.4 trillion means its stock movements have a substantial impact on the S&P 500, which would have declined without Amazon's performance [2]. Group 2: Other Influential Stocks - Apple, valued at over $4 trillion, had a less pronounced effect on the market, finishing down 0.4% despite reporting better-than-expected profits [3][4]. - Reddit's stock increased by 7.5% after also reporting stronger profit and revenue than anticipated [4]. - Coinbase Global's stock rose by 4.6% following a profit report that topped expectations [5]. Group 3: Market Trends and Expectations - Netflix announced a 10-for-1 stock split, which could make its shares more affordable while maintaining the same total value for investors, leading to a 2.7% increase in its stock price [5]. - AbbVie experienced a 4.5% decline despite reporting stronger-than-expected profits, as analysts noted that its profit growth was not as robust as before [6]. - There is increasing pressure on companies to deliver significant profit growth to justify the high valuations seen in the stock market since April [7].

Which Crypto will Binance list in November?🌕🚀🚀🚀🚀🚀🚀🌍 🔥#Binance 🔥 ...