[Warren seen as likely next Senate Banking chair, plans probe of Trump family crypto venture]

Democratic Sen. Elizabeth Warren, widely seen in Congress as a prominent crypto skeptic and as the likely next chair of the Senate Banking Committee next year, plans to launch sweeping investigations into companies including President Donald Trump’s family crypto venture, Politico reported.

A Banking Committee aide for Warren said the Trump family’s crypto business, Big Tech CEOs, administration officials and Wall Street executives should preserve relevant documents and prepare to answer intensive questions. Warren plans to use the committee chair’s authority over crypto policy and financial oversight to pursue corporate investigations and legislation. Politico said Warren also identified the rapid growth of private credit markets, the possibility of an AI bubble and tighter oversight of prediction markets as key agenda items.
https://coinness.com/en/news/1174880

[North Korean hackers used self-issued memecoins to launder Binance hack proceeds]

North Korean hacking groups are using self-issued memecoins to launder cryptocurrency stolen in the Binance hack, according to a report released today by blockchain analytics firm Elliptic.

Elliptic said the attackers issued newly created, worthless tokens on Tron (TRX) and Near after the theft, then moved the stolen funds into decentralized exchange liquidity pools and withdrew them to other wallets. On Near, around 117,000 NEAR, or about $430,000, moved through at least six memecoins, the report said. While the method does not completely block on-chain tracing, it can delay tracking efforts, Elliptic added, and the low cost of issuing tokens means it could also be used for larger-scale money laundering.
https://coinness.com/en/news/1174881

[NEAR Intents integrates with Talos order and execution management system]

NEAR Protocol said NEAR Intents has been integrated into Talos’ order and execution management system. Talos’ institutional clients can now access cross-chain liquidity across more than 100 native assets and over 35 chains, as well as liquidity from centralized trading platforms, through their existing systems. The Talos system has processed more than $1 trillion in cumulative trading volume.
https://coinness.com/en/news/1174882

[LayerZero to launch Zero mainnet and lzATLAS trading engine on Nov. 30]

LayerZero said its Zero mainnet and lzATLAS trading engine are scheduled to go live on Nov. 30. globemkts is handling product development, while LayerZero Atlas (ATLAS) will process trading for the product and provide instant settlement.
https://coinness.com/en/news/1174883

[Charles Schwab adds SOL, AVAX, LINK trading on Schwab Crypto]

Charles Schwab said it has added support for trading in Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) on its crypto trading platform Schwab Crypto. The addition expands the platform’s supported cryptocurrencies to five, including Bitcoin (BTC) and Ethereum (ETH).
https://coinness.com/en/news/1174884

[PNC Bank to support stablecoin payments through Coinbase partnership]

U.S. bank PNC will offer stablecoin payment services to customers through a partnership with Coinbase, Unfolded said.
https://coinness.com/en/news/1174885

[Strategy repurchases $188.3M of STRC, raises cash to $146M]

Strategy said it repurchased $188.3 million of its STRC shares using funds raised through an at-the-market common stock offering program. The company also increased its U.S. dollar cash holdings to $146 million. According to BitcoinTreasuries, Strategy has enough funds on its balance sheet to pay dividends for more than 3.4 years.
https://coinness.com/en/news/1174886

[BTC enters key $70K-$74.6K range, break lower could deepen decline]

BTC has entered a key range that could determine its next price direction, according to an analysis by on-chain analyst Darkfost.

Darkfost said BTC has reached the 0.382 Fibonacci retracement level in what Elliott Wave theory identifies as corrective wave two, at around $74,600, and could fall as low as $71,000 if the decline extends. The relative strength index was nearing 30, a commonly watched oversold threshold, while BTC was on track to close below its 200-day moving average for a fourth straight session. Darkfost added that the 200-week moving average was approaching $70,000 and aligning with the 0.5 Fibonacci retracement level, which could make that price zone a major support area. The next few weeks are likely to be a critical turning point, and a break below that range could intensify the downtrend.
https://coinness.com/en/news/1174887

[Pando hacker moves $7.4M in ETH to Tornado Cash]

A hacker transferred 3,500 ETH, worth about $7.42 million, to Tornado Cash, on-chain analyst EmberCN said. The hacker previously stole about $22 million worth of cryptocurrency from decentralized finance protocol Pando four years ago and, as the crypto market fell three days ago following the Binance hack, bought 7,548 ETH with 16.98 million DAI at an average price of $2,249.
https://coinness.com/en/news/1174888

[US stocks open higher]

The three major U.S. stock indices opened higher today.
- S&P 500: +0.80%
- Nasdaq: +0.80%
- Dow Jones: +1.30%
https://coinness.com/en/news/1174889

[Cosmos contributes IBC to Interchain, LF Decentralized to standardize ledger interoperability]

Layer-1 blockchain Cosmos (ATOM) said it is contributing IBC to Interchain and LF Decentralized to help develop it into a major open standard for interoperability across digital ledgers. Google Cloud, Wells Fargo and Figure Markets support the effort.
https://coinness.com/en/news/1174890

[Kinetiq builds Arbitrum L2 Elysium on HyperEVM]

Kinetiq said it has built Elysium, an Arbitrum layer-two network that uses HyperEVM as its settlement layer. Kinetiq said Elysium is the first dedicated Arbitrum L2 to settle on HyperEVM and was designed to support the expansion of Hyperliquid’s DeFi and perpetual futures ecosystem. The network aims to provide applications and traders with improved trade execution conditions and performance.
https://coinness.com/en/news/1174891

[Cardano Foundation backs contribution of IBC technology to LF Decentralized Trust]

The Cardano Foundation said it is supporting efforts to contribute IBC, a technology for transferring assets and data across independent ledgers, to LF Decentralized Trust. According to the foundation, IBC has processed more than $50 billion in transaction volume across more than 200 networks since 2021. The foundation said it joined Cosmos and 22 other sponsors on Nov. 9, with the goal of helping IBC grow into a major standard across finance.
https://coinness.com/en/news/1174892

[SharpLink held 892,708 ETH as of Sept. 30]

SharpLink (SBET), a company accumulating Ethereum, announced it held 892,708 ETH as of Sept. 30, local time. The company also completed $200 million in Ethereum staking through Lido and began managing a $125 million DeFi yield fund with Galaxy (GLXY).
https://coinness.com/en/news/1174893

[Wintermute sees BTC falling to $68K if it breaks below $73K]

Crypto market maker Wintermute said in its latest market report that Bitcoin could fall further to $68,000 if it drops below $73,000.

Wintermute said risk assets have been broadly weak as regulatory concerns around the AI sector grew after the U.S. midterm elections. Last week, the S&P 500 fell 4.4% in a single day, while spot BTC ETFs saw $1.28 billion in net outflows, the largest since June this year. BTC rose to $81,000 on Nov. 4 but later gave back all of those gains, and fell to $73,500 on Sunday. Its weekly close also fell below the 50-week moving average of $75,500, ending a seven-week uptrend. On Monday, more than $1 billion in positions were liquidated, with most BTC liquidations concentrated in long positions.

Wintermute said it would remain cautious while BTC stays below the 50-week moving average. It added that a break below $73,000 and the 200-day moving average on the BTC/USD daily chart could send BTC down to $68,000. On the other hand, Wintermute said it would turn constructive if BTC reclaims $80,000 and spot ETFs post weekly net inflows.
https://coinness.com/en/news/1174894

[River Markets registers futures brokerage affiliate with U.S. CFTC]

Prediction-market trading infrastructure startup River Markets has registered an affiliate as a futures commission merchant with the U.S. CFTC, The Block reported.

According to the report, River Finance, a River Markets affiliate, has joined the National Futures Association, allowing it to manage client accounts and handle customer funds. River Markets was founded in May this year and serves hedge funds, sports funds, proprietary trading firms, and event-risk hedging companies.
https://coinness.com/en/news/1174895

[Aurora Intents, Wirex enter long-term partnership on cross-chain deposits]

Aurora said Aurora Intents and Wirex have entered a long-term partnership to bring cross-chain funding deposits to Wirex. The collaboration will begin with Aurora Intents Deposits, which lets users send funds from their existing blockchain to a single permanent deposit address, according to Aurora. The feature is based on NEAR Intents.
https://coinness.com/en/news/1174896

[Uniswap v2, v3 and v4 go live on Elysium]

Decentralized exchange Uniswap (UNI) said Uniswap v2, v3 and v4 are now live on Elysium. It added that Elysium provides 100-millisecond blocks for the Hyperliquid ecosystem, uses HYPE as its gas asset and settles on HyperEVM. Developers can integrate Uniswap starting from the first day of the launch.
https://coinness.com/en/news/1174897

[DeFi Development buys 8,881 more SOL, raising holdings to 2.609 million]

U.S. Nasdaq-listed DeFi Development (DFDV) bought an additional 8,881 SOL, bringing its total holdings to 2.609 million SOL, according to BitcoinTreasuries.
https://coinness.com/en/news/1174898

[Iran says no talks with U.S. unless Washington takes concrete action on 7 conditions]

A senior Iranian official said Iran will not engage in any negotiations with the U.S. unless Washington takes concrete action on seven conditions presented by Tehran, Iran’s Press TV reported. The official added there has been no change in Iran’s policy on negotiations with the U.S.
https://coinness.com/en/news/1174899

[Peter Schiff warns Strategy’s STRC faces heavier selling pressure if BTC plunges]

Euro Pacific Capital CEO Peter Schiff, a prominent Bitcoin critic, said on X that Strategy’s perpetual preferred stock STRC has effectively relied on share buybacks to support its price, but the cash capacity backing that support is shrinking. Schiff argued that the sharper BTC falls, the greater the selling pressure on STRC will become, and that a 12% yield is not enough to adequately offset the investment risk.
https://coinness.com/en/news/1174900