On November 3, Catenaa reported that the UK's Serious Fraud Office (SFO) has launched an investigation into the cryptocurrency scam Basis Markets. Basis Markets raised approximately $280,000 through an NFT sale cryptocurrency hedge fund in late 2012. With the support of the Metropolitan Police and West Yorkshire Police, the SFO arrested two men, aged in their 30s and 40s, on suspicion of multiple fraud and money laundering charges. Investigators are appealing to informed investors to come forward and assist with the investigation.

CNBC veteran Jay Yarow joins CoinDesk to drive media and events business expansion. Yarow will oversee CoinDesk Insights, as the parent company seeks to expand its coverage of digital assets globally.

Acting Chairman Travis Hill of the Federal Deposit Insurance Corporation (FDIC) will testify at a House hearing, stating that the agency is prepared to submit a stablecoin application rule by the end of this month.

Ethereum's "bear trap" confirmed; Bitcoin tests Friday's high; XRP watch for the $2.30 level.

Bitcoin has fallen more than 18% in the past three months. From depressed investor sentiment to a simultaneous weakening of cryptocurrency stocks, market fears of an impending crypto winter are intensifying. In their latest report, Glassnode and Fasanara point out that multiple indicators suggest this pullback is more like a "mid-bull market correction" than the start of a long-term downtrend.

Solana Mobile, a subsidiary of blockchain developer Solana Labs, announced that it will officially launch its native token SKR in January next year, which is seen as a key step towards the maturity of the Web3 mobile phone ecosystem.

Bitcoin climbed back above $93,000 today (4th), driving other major cryptocurrencies to rise in tandem. However, given the still volatile market, some traders did not buy in easily, instead warning that this upward move might be a "false breakout" to lure in more buyers.

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American financial giant Charles Schwab has confirmed that it will launch a cryptocurrency spot trading service in the first half of this year, with Bitcoin and Ethereum being the first assets listed. The waiting list for "Schwab Crypto" accounts is now open for customers to register in advance.

In the past, when Bitcoin was mentioned, investors would think of nothing more than "skyrocketing prices" and "a 90% plunge from its peak." However, the market structure is quietly changing: in this market cycle, Bitcoin's maximum pullback was only about 50%, a significant reduction compared to the past. Analysts believe this reflects Bitcoin's transformation from a "speculative plaything" into a mature asset class.

Polymarket, the world's largest on-chain prediction market, has announced a major overhaul of its platform, including rebuilding its trading engine and launching a native USD stablecoin, "Polymarket USD," to cope with increasingly fierce market competition.

Will Bitcoin surge to $80,000 or pull back? Analysts say it depends on "it".

The Japanese government held a cabinet meeting today (10th) and formally passed an amendment to the Financial Instruments and Exchange Act, which for the first time defines cryptocurrencies as "financial products" for regulation, explicitly prohibits "insider trading" using undisclosed information, and requires cryptocurrency issuers to disclose information once a year in order to create a healthier market environment.