🕵️ VerifiedX Network has launched vBTC v2, now live on Base as a non-synthetic canonical asset under the ticker vBTC.b. This fully collateralized asset supports 1:1 BTC backing, automated minting and burning, and direct redemption from Base to native Bitcoin through its VFX Lockbox and Proof Publisher systems, eliminating the need for third-party attestation. vBTC.b is also compatible with the EVM ecosystem, enabling various use cases such as lending, liquidity pools, institutional vaults, payments, and on-chain settlement.

🔮 This morning on CNBC, Saylor discussed the case for Digital Credit $STRC, its impact on $MSTR, and his long-term $BTC forecast with Joe Kernen.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -942 $BTC (-$72.66M)
7D NetFlow: -15,915 $BTC (-$1.23B)

Ethereum ETFs:
1D NetFlow: -15,222 $ETH (-$32.44M)
7D NetFlow: -114,871 $ETH (-$244.79M)

Solana ETFs:
1D NetFlow: +8,312 $SOL (+$723K)
7D NetFlow: +203,326 $SOL (+$17.69M)

📊 Only Around 10% of RWA Liquidity Is Active in DeFi Protocols

According to research by Tanaka, the RWA sector is growing rapidly, but DeFi has captured almost none of the upside, with only around 10% of RWA liquidity currently active in DeFi protocols.

For instance, tokenized gold and commodities are valued at approximately $7 billion on-chain, yet only $184 million is active within DeFi. Most tokenized Treasury products are essentially on-chain PDF files wrapped with KYC requirements. Products such as BUIDL, FOBXX, USTB, and OUSG manage significant assets, but transfers remain restricted by whitelists, transfer agents, qualified purchaser checks, redemption windows, and other compliance mechanisms. #regulation

🇺🇸🗽 Republican lawmakers have introduced a bill to modernize American reserves, aiming to create a strategic reserve of #BTC in the US to diversify the country's reserve balance. They hope the US will hold about 5% in reserves, or approximately 1 million #BTC, which would be roughly equivalent to the amount of gold currently held by the US government.

🇺🇸💰 President Trump says the US will likely have to refund $149 billion in tariff revenue. #tradewars

🙅 $TRIA, $NEO, $IMX delisted from Coinbase futures

💵 250,000,000 $USDC (250,060,750 USD) minted at USDC Treasury

💸 Billionaire Mark Cuban says he sold "most" of his Bitcoin. He stated, "Bitcoin has lost the plot."

🇺🇸🗽 Rep. Begich introduces Bitcoin legislation to recognize and codify its "strategic importance" in the US.

🇺🇸🗽 Congressman Nick Begich wants the U.S. government to stockpile 5% of all Bitcoin.

🇺🇸🗣 US Congressman Mike Rulli says "there will only ever be 21 million Bitcoin."

"While governments can print unlimited amounts of money, Bitcoin's supply is permanently fixed."

🕵️ Which coins are currently exposed to quantum risk at rest?

In our latest research, we quantify Bitcoin’s exposed supply and separate exposure into two categories:

• Structural exposure: 1.92M BTC (9.6%) coins exposed by design
• Operational exposure: 4.12M BTC (20.6%) linked to wallet behavior, address reuse, and custody practices.

The larger share is operational, suggesting that part of Bitcoin’s visible exposure may still be reduced through improved wallet and custody management.

Exchange-related balances alone account for 1.63M BTC (8.1% of issued supply).

glassno.de/4v2wdJ1

🇺🇸💵 699,313,821 $USDC (699,430,257 USD) minted at USDC Treasury

📌 Top 5 News for 24 Hour:

1. $LORACLE.HL's $HYPE short surpasses $100M, down $23M. →
👁 603 | ❤️ 0 | 🔁 9

2. Mark Cuban sells most Bitcoin, criticizes its direction. →
👁 189 | ❤️ 1 | 🔁 4

3. RetoSwap hacked, $2.7 million stolen. →
👁 280 | ❤️ 0 | 🔁 3

4. Republican lawmakers propose US strategic Bitcoin reserve bill. →
👁 251 | ❤️ 0 | 🔁 3

5. Garrett's wallet moves significant funds across platforms. →
👁 247 | ❤️ 0 | 🔁 3

| |

⚠️ Fidelity says Bitcoin delivered the highest risk-adjusted return of any asset in the past 10 years.

This is the quiet before the storm.

Happens every cycle.

🤔 Bankless Co-Founder David Hoffman Says He Sold the Last of His ETH as Ryan Sean Adams Declares End of Bankless “First Era”

David Hoffman stated on X that the “CT” sentiment has shifted significantly over the past two weeks, leading him to sell the last of his ETH.

Ryan Sean Adams announced that the “first era” of Bankless has concluded, ending their six-year collaboration focused on crypto, DeFi, and Ethereum. He mentioned that Bankless has entered its “second era,” where he plans to adopt a more behind-the-scenes role while remaining bullish on ETH and Bankless.

🇺🇸💵 439,056,278 $USDC (439,162,530 USD) minted at USDC Treasury

👀 Take-Two Reaffirms GTA 6 Will Launch on November 19th This Year.

🇺🇸🕵️ Mark Cuban Says He Sold Most of His Bitcoin After It Failed to Act as a Hedge

Billionaire investor Mark Cuban has sold most of his Bitcoin holdings, concluding that the cryptocurrency did not serve as the hedge he expected amid recent geopolitical tensions involving Iran and a weakening U.S. dollar.

Cuban remains more positive on Ethereum, describing most other cryptocurrencies as “garbage.” He had previously stated that his crypto portfolio was primarily composed of Bitcoin and Ethereum.