Altcoins

Gate Research Daily Report: Bitcoin fell 5.70% to approximately $75,970, Ethereum declined 7.70% toward $2,235, and GT retreated to around $9.54 as a sharp selloff in U.S. technology stocks triggered more than $1 billion in cryptocurrency liquidations. FOCO, DESSA, and ELSA led the gainers among tokens meeting the market capitalization threshold, reflecting selective speculative interest despite broader market weakness. Circle reported third-quarter revenue and reserve income of $865 million, while USDC onchain transaction volume grew 49% year over year. The European Banking Authority is preparing to implement enhanced supervision of USDC on November 12, highlighting the growing importance of stablecoin regulation, payment infrastructure, and institutional adoption.

Gate Research Daily Report: Bitcoin fell below $76,000 and Ethereum declined toward $2,200 as a sharp selloff in U.S. technology stocks triggered more than $1 billion in cryptocurrency liquidations. DESSA, ELSA, and DACITYCOIN ranked among the strongest gainers meeting the market capitalization screening criteria. Circle reported third-quarter revenue of $865 million, while USDC onchain transaction volume grew 49% year over year. The European Banking Authority is preparing to implement enhanced supervision of USDC as a significant e-money token on November 12, highlighting the growing importance of stablecoin regulation, payment infrastructure, and institutional adoption.

Gate Research VIP Daily Report: On November 5, BTC returned above 80,000 USDT, while ETH and GT rebounded. Total cryptocurrency market capitalization stood at approximately $2.795 trillion, up 3.7% over 24 hours, as ELSA, DRV and DGAI gained. Circle reported $865 million in Q3 revenue and reserve income and disclosed an approximately 5% workforce reduction; Morgan Stanley became one of the first banks to tokenize U.S. equities and Treasuries through DTCC; and Crédit Mutuel Arkéa confirmed a cyberattack, with customer assets unaffected and the bank yet to confirm approximately $133 million as the final loss.

Gate Research Weekly Report: Over the past week, the conclusion of the U.S. midterm elections, falling oil prices, and lower Treasury yields supported a rebound in risk assets. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite gained approximately 1.4%, 3.1%, and 1.2%, respectively, for the week. BTC rose around 3.57% over the past seven days to $80,773, while ETH gained approximately 7.71% to $2,428. Total crypto market capitalization stood at roughly $2.72 trillion, with BTC dominance rising to approximately 59.59%. Total stablecoin supply was around $294.9 billion, while BEAM, CAP, and STX ranked among the week’s strongest-performing tokens. Major industry developments included the Binance hot-wallet security incident, BitGo’s institutional Bitcoin staking service, and Ethereum’s digital public infrastructure framework. Funding primarily flowed into stablecoin-based stock trading, AI-agent infrastructure, and cross-border payments. Over the next seven days, ADI, ALLO,

Gate Research VIP Daily Report: Global risk assets remain sensitive to high interest rates and volatility in technology stocks, while BTC continues to trade within a range as the market absorbs the aftermath of the security incident. LSK, COW, and DENT gained 45.54%, 30.81%, and 25.64%, respectively, driven by supply dynamics, trading activity, and momentum. A major crypto platform resumed withdrawals following a security incident, shifting market attention toward reserve coverage and asset migration. Zcash is set to activate its NU7 upgrade on November 5, drawing attention to network compatibility and privacy technologies. Regulators will conclude their consultation on restrictions involving Russia-linked online fund flows on November 4, with compliance boundaries influencing institutional access. Meanwhile, weak guidance from a semiconductor company triggered a sharp decline in its share price, while concerns over AI investment returns and interest rates weighed on risk asset valuati

Gate Research Daily Report: Global risk assets remain sensitive to high interest rates and volatility in technology stocks, while BTC continues to trade within a range as the market absorbs the aftermath of the security incident. LSK, COW, and DENT gained 45.54%, 30.81%, and 25.64%, respectively, driven by supply dynamics, trading activity, and momentum. A major crypto platform resumed withdrawals following a security incident, shifting market attention toward reserve coverage and asset migration. Zcash is set to activate its NU7 upgrade on November 5, drawing attention to network compatibility and privacy technologies. Regulators will conclude their consultation on restrictions involving Russia-linked online fund flows on November 4, with compliance boundaries influencing institutional access. Meanwhile, weak guidance from a semiconductor company triggered a sharp decline in its share price, while concerns over AI investment returns and interest rates weighed on risk asset valuations.

Market expectations for another rate hike in December increased. BTC rallied before retreating and subsequently staged a recovery from its lows last week, ending the week down 2.26%, while ETH recorded a larger decline and greater volatility. PEPE, HYPE, NIGHT, MORPHO, and STX ranked as the top five performers, with 7-day returns of +16.46%, +15.24%, +14.00%, +9.35%, and +7.42%, respectively. On-chain capital flows last week were largely driven by the Binance hot wallet attack, resulting in a clear risk rebalancing rather than a broad-based recovery in risk appetite across multiple chains. Cross-chain capital moved out of high-turnover collateral positions and mainnet asset pools, with Arbitrum leading with approximately $240 million in net inflows. Hyperliquid, meanwhile, recorded around $240 million in net outflows, making it the primary source of capital outflows, although the pace of withdrawals moderated compared with previous periods.

Gate Research Daily Report: On November 3, U.S. semiconductor shares came under pressure, while Hong Kong and South Korean equities advanced. BTC fell toward 77,000 USDT and ETH weakened, with total cryptocurrency market capitalization declining 3.04%. ELA, ARIA, and MPLX gained. North Korea denied the FBI’s attribution of the Binance theft; Mercado Bitcoin suspended deposits and withdrawals following a security incident, with the amount involved still undetermined; and Securitize expanded its tokenized U.S. equity offering to 25 products, while round-the-clock trading remains planned.

Gate Research Daily Report: On November 2, the crypto market continued its volatile recovery, with BTC rebounding toward $78,000 and ETH and GT also gaining ground, although the medium-term technical outlook has yet to show a decisive reversal. Capital rotated into tokens such as IDOL, MILADYCULT, and CENT. On the industry front, Binance gradually resumed withdrawals following a security incident but saw substantial net outflows. The FBI attributed the attack to a North Korean hacking group, while THORChain initiated an emergency pause following an Ethereum chain reorganization.

Gate Research Daily Report: On November 2, U.S. stocks weakened sharply amid concerns over AI capital expenditure, while Hong Kong stocks rebounded in consumer and oil and gas sectors. South Korean stocks fell under pressure from foreign investor selling. The crypto market staged a short-term recovery, but ETF outflows continued. Binance gradually resumed withdrawals across multiple chains following the security incident, while the market remained focused on its liquidity and reserve coverage.

Gate Research VIP Daily Report: BTC and ETH fell 2.66% and 4.51%, respectively, breaking key support levels, while GT declined 1.32% amid heightened concerns over exchange security. APEPE, HYPE, and KNTQ gained 15.94%, 10.84%, and 8.43%, respectively, supported by meme trading and decentralized finance narratives. Asset freezes linked to a potential CEX security incident reached $2.54 billion, with stablecoin issuers participating in the response. Polymarket temporarily suspended trading following a third-party security breach, bringing on-chain asset protection and Web3 infrastructure security into focus.

Gate Research Daily Report: Bitcoin fell below $80,000, while Ethereum dropped to a two-month low as security concerns surrounding a major cryptocurrency exchange triggered volatility across digital asset markets. The Nasdaq Composite declined 1.38%, Hong Kong's Hang Seng TECH Index fell 2.84%, and South Korea's KOSPI lost 1.24%. APEPE, HYPE, and KNTQ attracted trading interest amid sector rotation. CEX reported that approximately $2.54 billion in assets linked to a potential security incident had been frozen, with Tether, Circle, and other industry participants assisting in the response. Polymarket also temporarily suspended trading following a third-party security incident, highlighting growing concerns about digital asset custody, stablecoin controls, and Web3 infrastructure security.