According to Lookonchain monitoring, 0xc2a3, a shrewd trader with a 100% win rate, continues to increase his long positions in BTC, ETH, and SOL. Current holdings: 39,000 ETH (worth $151 million), 1,070 BTC (worth $118 million), and 569,050 SOL (worth $105 million). The trader also placed a limit order to add 40,000 SOL (worth $7.36 million) to his long position at $184.

Odaily Planet Daily reports that the European Commission is developing plans to expand central oversight of key financial market infrastructure, targeting stock exchanges and crypto asset servicers. Under the plan, the European Securities and Markets Authority (Esma) will have its powers expanded to cover "the most important cross-border entities." This move is part of the EU's "Capital Markets Union" initiative, aimed at eliminating regulatory fragmentation and enhancing EU competitiveness. The proposals are expected to be presented in December as part of a "market integration scheme." (Financial Times)

Huoxun Finance reported on November 2nd that Mark Newton, an analyst at TomLee's fund, tweeted that many people are trying to use common technical indicators to argue that cryptocurrencies have peaked. He disagrees with this view for the following reasons: 1) The Elliott Wave structure does not show any signs of a top. 2) A monthly DeMark signal has not yet appeared. 3) Weakening momentum due to sideways consolidation usually causes the MACD indicator to turn negative, but in this case, since there is no wave indicator to confirm a sharp five-wave decline from the high, the MACD turning negative is not decisive. 4) The medium-term trend has not been broken (highs and lows have been consistently higher since 2022). 5) Current market sentiment is far from the level that usually signifies a substantial peak in the crypto market.

Huoxun Finance reported on November 2nd that the Lechang City People's Court in Shaoguan, Guangdong Province, concluded a case of fraud involving foreigners. After gaining the victims' trust, the criminals guided them to invest in virtual currency on a fake platform, thereby defrauding them of their money. An investigation revealed that one foreign victim was defrauded of RMB 4,619.9. The Lechang Court sentenced the criminals to prison terms ranging from six to eight months and imposed fines. The judge reminded the public that the claim of "only defrauding foreigners" is not a legal exemption; overseas is not a lawless zone, and one should not believe the fallacy that "defrauding foreigners is not illegal."

According to data from Polymarket, as reported by Odaily Planet Daily, the trading volume for today's "League of Legends T1 vs TES" match exceeded $2.7 million, with T1 having a 76% winning probability in a best-of-five (Bo5) series.