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10:23

Analysis: Market information is approaching emotional lows, and a potential "best hitting zone" may be emerging.

Analyst Murphy pointed out that the investor confidence index is approaching emotional lows. If BTC does not experience a significant rebound, a signal will be triggered next week. Short-term traders without positions may face the best opportunity. Past data shows a major trend between the red panic zone and the optimism zone. The current market sentiment is fluctuating and has not yet formed a consensus direction.
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BTC3.99%
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09:40

League of Legends 2025 World Championship T1's championship probability rises to 67%

BlockBeats News, November 9th, on Polymarket, the probability of T1 winning the League of Legends 2025 World Championship has risen to 67%, while KT Rolster's winning probability is currently at 34%. The trading volume in this prediction market has surpassed $17.69 million. The match is now in the third game, with the current score tied at 1-1. Defending champion and legendary player Faker is expected to achieve a three-peat at the World Championship and secure his sixth career World Championship title.
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08:53

Capybobo(PYBOBO) trading on Gate has been postponed, and HODLer airdrop rewards will be distributed later.

Gate News bot message, according to the latest official announcement Gate has announced an adjustment to the opening time of spot trading for the Capybobo (PYBOBO) token, with the specific opening time to be determined. As a result, the originally scheduled PYBOBO HODLer Airdrop distribution will also be delayed accordingly and will be completed before trading opens. Once the airdrop rewards are credited, users can view them in their spot accounts.
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07:24

Coinbase: The October sell-off is not the end of the cycle, but rather the adjustment the cycle needed.

PANews November 9th News, Coinbase Institutional stated in its monthly outlook report that although the crypto market remains shrouded in panic, the liquidation events in October are more likely to indicate a strong medium- to long-term rebound rather than weakness, laying a solid foundation for gains in the fourth quarter. However, a comprehensive market stabilization may take several months, and in the near term, a slow upward trend is more likely than a surge to new all-time highs. The report mentioned that current leverage levels have improved, but liquidity gaps still exist. Capital is rotating, and savvy funds are gathering around EVM chains, RWA, and yield protocols—indicating that investors are engaging in selective risk reinvestment rather than withdrawal. Macro risks still exist, but structural demand is strengthening. Coinbase ultimately believes this is the bottoming phase before the next rally.
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04:13

Analyst Willy Woo: Not every time a Bitcoin OG is active is it a sell-off; there are three common misconceptions that are mistaken for selling.

PANews November 9th – According to Cryptoslate, regarding a chart shared by Charles Edwards, co-founder of Capriole Investments, on the X platform, indicating that Bitcoin OGs are cashing out. On-chain analyst Willy Woo tweeted that not every move by OGs should be interpreted as a sale. He highlighted three key points often misunderstood as sales but may be unrelated to price-driven liquidations: Address upgrade: Many OG holders are transferring tokens from traditional addresses to Taproot addresses for security reasons (not for cashing out). Custody rotation: Tokens may be transferred to institutional custody (e.g., Sygnum).
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BTC3.99%
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03:23

Euler: Euler DAO Treasury will be migrated to a new multi-signature address

The crypto lending protocol Euler announced that it will migrate its DAO Treasury to a new multi-signature address to separate fund custody from protocol governance functions, thereby reducing operational risk. The new address has been created, and assets will be transferred, but protocol revenue will be temporarily retained for tracking purposes.
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EUL6.14%
00:24

Crypto Trader James Wynn Secures $85,380 Profit from BTC Short Position

Gate News bot message, Crypto trader James Wynn (@JamesWynnReal) has successfully closed his Bitcoin short position with 40x leverage, securing a profit of $85,380. The trade marks a positive turn for Wynn, though records indicate he still faces a $21.9M deficit to reach his breakeven point from pr
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BTC3.99%
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14:24

1confirmation founder: Silicon Valley VCs have been trying to dominate the crypto industry, but have failed to succeed due to investing in "zero-sum game" projects.

Nick Tomaino stated on X that Silicon Valley venture capitalists attempted to dominate the cryptocurrency industry, but most failed between 2021 and 2023 due to investing in unprofitable projects. In contrast, Bitcoin and Ethereum, which they did not invest in, have a combined market capitalization of over $2.5 trillion.
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BTC3.99%
ETH7.09%
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11:59

New Wallet Makes $6.27M USDC Deposit on HyperLiquid for ZEC Long Position

Gate News bot message, A fresh cryptocurrency wallet has taken a significant market position by depositing $6.27 million USDC into HyperLiquid exchange. The wallet proceeded to initiate a long position order for ZEC at $504 per token. The transaction marked the wallet's first major activity on the
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USDC-0.01%
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11:05

MLM: The Hyperliquid team is testing a protocol called BLP.

PANews November 8 News, according to MLM's post on the X platform, the Hyperliquid team is currently testing a protocol called BLP on the Hypercore testnet. It is speculated that BLP stands for BorrowLendingProtocol, a lending protocol. It appears to be a native lending market on Hypercore, with functions such as borrowing, providing, and withdrawing. Currently, this market on the testnet only supports USDC and
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USDC-0.01%
PURR4.5%
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09:55

New Wallet Withdraws $3.62M Worth of POL Tokens from Centralized Exchange

Gate News bot message, a new cryptocurrency wallet has executed a significant withdrawal of digital assets from a centralized exchange. The wallet address 0xD1a0c2a16B48506843260693E121AdFf88FBfBFe withdrew 20 million POL tokens (MATIC) with a total value of $3.62 million within a three-hour period.
POL4.07%
09:33

Early Bitcoin Holder Owen Gunden Transfers Large BTC Holdings to Exchanges

Gate News bot message, Owen Gunden, an early Bitcoin holder, has executed a significant transfer of 3,600.55 BTC (valued at $372M). The transaction details show that 500 BTC ($51.68M) has been directly deposited to centralized exchanges, while the remaining 3,100.55 BTC ($320.46M) is in transit. Ac
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BTC3.99%
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09:07

MGBX launches "KOPOP Limited-Time Series Event"

BlockBeats News, November 8th, the MGBX platform will hold the "KOPOP Limited Time Series Event" from November 8th to November 15th, 2025 (SGT), open to all users. During the event, KOPOP will restart trading and simultaneously launch deposit and social media interaction activities. Users who complete deposit, trading, and Twitter tasks will have the chance to share a prize pool of 10,000 USDT and 192,500 KOPOP.
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08:42

Canadian Prime Minister states that Canada-U.S. economic relationship has ended

Jin10 Data, November 8th: On November 7th local time, Canadian Prime Minister Trudeau stated that the increasingly close economic relationship between Canada and the United States over the past decades has ended. Trudeau said that due to the close ties with the U.S., Canada once had certain economic advantages, but now this has become a weakness for Canada. This change has been rapid and almost without transition. He called for a swift and thorough overhaul of Canada's economic strategy.
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05:17

"ZEC's first long position" starts reducing, with unrealized gains shrinking from $12 million to $3 million.

Odaily Planet Daily reports that according to Hyperbot data, the largest ZEC long position whale on the Hyperliquid platform has begun strategically reducing its holdings. The whale has decreased its position from a peak of 55,000 ZEC to currently holding 50,000 ZEC, having sold 5,000 ZEC. Currently, ZEC is priced at $567. Entry average price: $513. Unrealized profit and loss: $2.6 million. Realized profit and loss: approximately $330,000. The historical peak of unrealized profit was as high as $12 million.
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04:20

JPMorgan invests in Ethereum reserve leader Bitmine, with a holdings market value of $102 million.

JPMorgan Chase filed a holdings report with the U.S. Securities and Exchange Commission on November 7th, showing that as of September 30th, they held 1,974,144 shares of Bitmine Immersion Technologies, with a market value of $102 million. Bitmine has transitioned from a Bitcoin mining company to an Ethereum reserve company and currently holds over 3.24 million Ethereum, making it the world's first.
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ETH7.09%
BTC3.99%
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04:02

The operating cost of Kimi K2 Thinking is an order of magnitude lower than GPT-5.

Jin10 Data, November 8th: According to reports, although Kimi K2 Thinking has a parameter scale reaching trillions, its operating costs remain very low. Its API price is $0.15 (cache hit) / $0.6 (cache miss) for every million tokens input, and $2.5 for every million tokens output, which is an order of magnitude lower than GPT-5's prices ($1.25 per million tokens input, $10 output).
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