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The committee believes that caution should be maintained, and that outlook assessments should be continuously updated as data changes. There remains a high level of concern regarding the uncertainty of the outlook, regardless of its direction.
The approval of the Solana ETF is not an end point, but the starting gun for a new era.
In Brief Berachain network halted to protect user assets after a Balancer V2 breach. Developers launched a hard fork to recover funds and eliminate vulnerabilities. BERA and BAL coins saw decrease in value post-security incident.
Institutional demand for Bitcoin has fallen below the rate of new coin mining for the first time in seven months, suggesting that major buyers may be pulling back.
- 11:47Berachain: Currently in the final stage of restoring ecosystem operations, has verified and received the pre-signed transaction from the white hat hacker.ChainCatcher reported that the Berachain Foundation posted on X: "Except for one oracle provider, most key partners are ready. Due to recent issues related to Stream/Elixir, the oracle provider has been under tremendous pressure over the past 24 hours. They are expected to go live within a few hours. Once they are online and the chain starts producing blocks, we will provide the latest updates here again. In the meantime, the team has verified and received pre-signed transactions from the white-hat hacker currently holding the stolen BEX funds. Once the chain resumes block production, these transactions will transfer the BEX funds from the 'white-hat' party to the foundation deployer's wallet without any further action required from the 'white-hat.' If the funds are successfully recovered, we will inform the community of the latest developments. We are in the final stage of restoring the ecosystem to normal operation and will do our utmost to ensure security."
- 11:45Opinion: Bitcoin Lacks Buying Support Below $104,800Jinse Finance reported that on November 4, analyst @ali_charts analyzed the Bitcoin UTXO realized price distribution chart from glassnode and found that below $104,800, there are relatively few UTXOs (Unspent Transaction Outputs) supporting the price of Bitcoin.
- 11:45Opinion: Ethereum is entering its final adjustment phase and may still dip to the $3,400 rangeOn November 4, well-known crypto analyst @IamCryptoWolf posted on X, stating that Ethereum is entering the final stage of the correction that began in August, and all of this is part of a larger pattern that started around $1,500. If Ethereum cannot return to $3,900 soon, he expects to buy Ethereum at $3,400.