Crypto Markets & On-Chain Ecosystem Developments

Bitcoin (BTC) staged a sharp short-term rebound, trading at around $80,530 as of Nov. 5. Trump Official Token (TRUMP) and World Liberty Financial (WLFI) led losses among the top 100 digital assets, as the Republican Party’s losses in the US midterm elections fueled concerns about their future. Macro Events & Crypto Hot Topics Two crypto tokens associated with US President Donald Trump led losses among the top 100 digital assets after US midterm election results sparked concerns about their futur

Crypto exchange BitMart was hacked on November 3 as it moves toward shutting down operations, according to founder Sheldon Xia. Xia wrote on X on November 4 that the company has struggled to retain key technical staff during restructuring and that its security team is severely understaffed. The hack

According to PANews, ZetaChain announced on November 5 that ZETA will migrate to Solana on December 9 as a native token, with privacy AI application ZetaLabs launching simultaneously. ZETA will serve as the core token for ZetaLabs. A governance proposal is currently under voting on ZetaHub until No

According to ApeCoin, ApeChain is migrating its cross-chain infrastructure from LayerZero to Chainlink CCIP. APE, USDC, and other key assets on ApeChain will be upgraded to Chainlink cross-chain tokens (CCT) to improve connectivity for dApps and the

According to Foresight News, Mercado Bitcoin announced it will resume operations in phases from November 9. In the first phase, users will regain access to view balances, statements, assets and investments. Transfer, withdrawal and trading features will be progressively restored after security

Mercado Bitcoin, a Brazilian cryptocurrency exchange, disclosed last month that it will fully reimburse customer losses from a hack using its own funds, with blockchain analysts estimating over $46 million was stolen. The attack targeted funds in the exchange's hot wallets and customer deposit

According to PANews, on November 5, stablecoin payment infrastructure provider Reap announced a partnership with Canza Finance to combine agentic payments and stablecoin settlement technology. The collaboration aims to enable faster and compliant cross-border fund transfers while exploring

According to Ethereum Foundation, the organization outlined a Lean Ethereum roadmap with four fork phases (H, I, J, L) targeting completion by 2029. Fork H will be the last without Lean features; I introduces leanVM

According to Cointelegraph, BitMart founder Sheldon Xia confirmed on Wednesday that the exchange's security team is severely understaffed following a fresh hacker attack. Xia stated on X that employee threats and alleged retaliation by former staff have made it difficult to retain technical

Brazilian cryptocurrency exchange Mercado Bitcoin said it will gradually restore customer account access starting Nov. 9, and pledged to use company funds to reimburse assets affected by the data breach; the exchange said, “No customer will lose their assets.” The attackers transferred funds from the exchange’s hot wallets and customer deposit addresses via standard transfers; blockchain analysts estimate that more than $46 million worth of assets were stolen. Mercado Bitcoin announces phased re

JPMorgan Asset Management included Bitcoin in its 2027 Long-Term Capital Market Assumptions (LTCMA), estimating its correlation with U.S. large-cap stocks at just 33%, below that of international equities, corporate bonds, and hedge funds. Grayscale Head of Research Zach Pandl noted that JPMorgan expects Bitcoin to deliver a 10% baseline annualized compound return over the next decade, with annualized volatility of 55%; its expected return is higher than that of all other asset classes. JPMorgan

The results of the U.S. midterm elections on November 4 fueled a sharp rally across global financial markets, with stocks and cryptocurrencies strengthening in tandem. CMC data showed Bitcoin reclaimed the $80k mark, reaching a high of $81,196. Democrats won control of both chambers of Congress in the midterms, and President Trump said he was willing to accept the results and work with Democrats. Together with growing expectations of an early easing of the U.S.-Iran conflict, this fueled a broad

South Korea's Democratic Party announced on November 5 that it will enact the Digital Asset Basic Act and establish taxation infrastructure during the postponement period for digital asset income taxation. Policy chair Kwon Chil-seung stated at a policy coordination meeting on November 5 that the

Hedera showcased blockchain solutions for regulated institutions at the Singapore Fintech Festival. The company presented three products at its booth: HashSphere for private distributed ledger technology, Asseto for asset tokenization, and CLPR for cross-ledger interoperability. The Singapore Fintec

According to Democratic Party officials, South Korea's Democratic Party called for a deferral of digital asset income taxation on November 5, while accelerating the enactment of a Digital Assets Basic Law to establish market regulations and investor protections. During the deferral period, the

According to Hedera's official announcement, the company is showcasing three blockchain solutions at the Singapore Fintech Festival: HashSphere for private distributed ledger technology, Asseto for asset tokenization, and CLPR for cross-ledger interoperability. The offerings are specifically

According to Glassnode's weekly report published on Wednesday (November 4), long liquidations concentrate between $73,000 and $76,000, while short positions stack near $87,000. The on-chain research firm indicated this price range reflects areas where the market has already experienced