Binance founder and former CEO Changpeng Zhao (CZ) said no one knows for sure why crypto prices are falling and that correlation does not prove causation, before setting out possible explanations in a post on X. He noted bitcoin hit a low of $62,006 on Sunday, a level he said was worth recording for future reference. He pointed first to money shifting into the Anthropic IPO. He also cited ETF outflows, noting U.S. spot bitcoin ETFs saw about $1.9 billion of redemptions across seven trading sessions through Nov. 13, with ether funds recording withdrawals as well. Security fears were another factor. CZ listed the Binance hack, iPhone-linked crypto wallets being drained, a Chrome exploit and Microsoft being down, saying such incidents may make some people less willing to keep funds in crypto. Hot U.S. inflation has raised expectations of another Fed rate hike, and he noted that higher yields and a stronger dollar can weigh on riskier assets such as crypto. Political uncertainty from the midterm results has also fuelled concern about potentially stricter U.S. crypto policy. CZ rejected one explanation outright, saying Binance did not sell crypto. He added that he had bought crypto in the past few days after receiving stablecoins, joking that this might be the cause. He said crypto will keep growing over the medium to long term, adding that the views were his own and not financial advice.

A consortium of 21 banks has committed about $270 million to Project Faro, a U.S. dollar stablecoin project. According to Odaily, Goldman Sachs, Citigroup, Santander and Deutsche Bank are among the reported participants. The project is planned to launch in 2027 and will be operated by a U.S.-registered issuer. SoFi has expanded its dollar stablecoin SoFiUSD to Polygon, adding to its existing support for Ethereum and Solana. The fintech company also launched SoFi Earn, a tokenized deposit product offering a 4.40% annualized yield and convertible to SoFiUSD. Tokens issued by federally chartered crypto bank Anchorage Digital can now settle transactions on Visa’s network; the first initiative involves Western Union’s USDPT. Mastercard launched stablecoin-related tools and payment features for AI agents. Circle plans to begin a pilot in Colombia to connect USDC settlement to banking channels in Latin America. The GENIUS Act was signed in 2025, establishing a U.S. regulatory framework for dollar stablecoins. Project Faro has not yet announced a token, CEO or final name. Tether and Circle account for about 85% of the stablecoin market, valued at about $290 billion.

Sahara Las Vegas says it is the first casino on the Las Vegas Strip to accept cryptocurrency deposits for gambling. According to Odaily, Bitcoin News said in a post on X that customers can deposit BTC, ETH or LTC at casino cashier counters in exchange for U.S. dollar-denominated chips or gaming vouchers. Transactions incur a 5% service fee, and all winnings are paid in U.S. dollars rather than cryptocurrency.

According to ChainCatcher citing The Defiant, DeFi lending protocol Spark’s total value locked fell 15.3% over the past week to a 30-day low, with assets valued at $5.7 billion, according to DefiLlama data. The decline reflects a change in the dollar value of tracked assets; it does not indicate the amount of funds withdrawn or a reduction in the protocol’s lending capacity.

With markets closed over the weekend, the crypto market was hit by a new round of severe price and sentiment shocks.

Satoshi Nakamoto acknowledged Bitcoin's privacy shortcomings as early as Section 10 of the white paper, and today's privacy technologies offer more nuanced answers than just "anonymity."

Goldman Sachs believes the dollar still has room to rise in the short term, but a substantial reversal will occur in 2027. The core driver supporting this rally is the continued rise in expectations for AI-related investments, and once these expectations peak, the dollar will also face the same inflection point.

Multiple attacks in October 2026 exposed the vulnerabilities of the Internet. AI agents can both attack and harden, and the key is prevention rather than patching.

According to Coinglass data, there have been 13 instances of single-day liquidations exceeding $500 million in the past year, with 3 of them exceeding $1 billion.

This week, 14 blockchain startups raised $43.5 million in funding.

JPYC has been issued for a full year and its application scenarios have expanded, but its circulation scale has only reached about a quarter of the internal target.

The departure of Nvidia founder Jensen Huang is suspected to be a meticulously planned "hunt".

Why are investors with $15 billion no longer solely investing in cryptocurrencies? Golden Finance reveals the truth behind top capital's shift towards AI and robotics.

The individual was engaged in USDT over-the-counter (OTC) trading. Because a bank card received RMB payments from an underground money exchange chain, the public security authorities initiated an investigation on suspicion of illegal business operations.