Covering market movements, trends, narratives, charts, and key developments across the digital asset market, presented in a simple and easy-to-understand way.
Joined August 2019
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Rowan Blake retweeted
🔥LATEST: Binance names Justin Yek as its next CFO nine days after the record $6.34 BILLION hack.
Co-CEO Yi He says the transition had been underway for six months.
Outgoing CFO Kaiser Ng is leaving to “pursue a new venture” after more than five years at Binance.
Rowan Blake retweeted
Kaiser Ng, the chief financial officer at Binance, the world’s largest crypto exchange, is leaving days after hackers stole more than $6 billion in cryptocurrency from the company bloomberg.com/news/articles/…
Rowan Blake retweeted
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Rowan Blake retweeted
JUST IN: #Bitcoin treasury company DDC Enterprise $DDC just announced an IPO of their first-ever preferred stock, SAVOR ($SVOR).
The initial offering price is $20, with 13.5% annual dividends paid daily.
The IPO is expected to raise $24 million to repay convertible notes, fund the Dividend Reserve Account, and buy more BTC. 🔥
Rowan Blake retweeted
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Rowan Blake retweeted
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Tether just confirmed it holds $150,000 BTC- roughly 50,000 more than its latest reserve report showed.
That's $11.5B in Bitcoin sitting in the balance sheet of the largest stable coin issuer. Private companies now hold over 200,000 BTC in total.
The quiet accumulation by the biggest players continues🔥
JUST IN: Tether CEO Paolo Ardoino just announced they have bought an additional 50,000 #Bitcoin and now hold a total of 150,000 BTC.
This brings private companies' total BTC holdings to over 200,000 BTC. 🔥🚀
Rowan Blake retweeted
JUST IN: Tether CEO Paolo Ardoino just announced they have bought an additional 50,000 #Bitcoin and now hold a total of 150,000 BTC.
This brings private companies' total BTC holdings to over 200,000 BTC. 🔥🚀
Rowan Blake retweeted
BREAKING: 🎙💥 "This was a highly sophisticated, multi-month campaign, and FBI has attributed it to North Korea," says Binance co-CEO Richard Teng.
🗞️ "They used a combination of fake recruitment interviews, malicious software disguised as developer tools and AI techniques."
Rowan Blake retweeted
INSIGHT: @cz_binance says the @Binance run on withdrawals never came.
Outflows hit about $3.6 billion, roughly 2% of holdings, versus the 10%-30% he had expected.
Rowan Blake retweeted
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Rowan Blake retweeted
Binance Co-CEO Richard Teng: “We now are operating, we are protecting every user, and we are extremely thankful for our users’ confidence and trust”
Speaking with @DarrenBotelho on @FoxBusiness, Richard explained how Binance is protecting users and replenishing impacted assets, with 98% now restored - this is fully verifiable through our Proof of Reserves.
User funds remain safe. Binance absorbs the financial impact, not our users.
Rowan Blake retweeted
GM, frens! ☀️💙
Halfway through the week. Keep showing up, keep building, and stay consistent.
🤖 Made with AI
The crypto market doesn’t just have a price problem. It has a demand problem.
Bitcoin is struggling to hold ground near $76,800, Ethereum faces persistent selling pressure around $2,260, and altcoins (including Solana near $92) are finding little room to breathe.
But one development deserves more attention.
On November 2, US spot ETFs recorded approximately $539 million in combined outflows:
🔻 Bitcoin ETFs: $399M out
🔻 Ethereum ETFs: $140M out
That’s a significant withdrawal of capital from two of the market’s biggest assets.
There’s another detail worth watching: stablecoin supply also declined by roughly $4 billion between October 26 and November 1.
These figures don’t tell the entire story, but together they point to weaker buying support and thinner dry powder.
Here’s what I’m watching next:
→ Will institutional flows turn positive again?
→ Can BTC and ETH regain momentum above key levels?
→ Will altcoins start showing any independent strength?
→ Is fresh liquidity returning to the market?
A few green candles won’t necessarily signal a recovery. The real test is whether demand comes back.
The question isn’t just when crypto will bounce. It’s who will be buying when it does.
What’s your biggest concern about the current market?
#Crypto #Bitcoin #Ethereum #Altcoins
🤖 Made with AI
Rowan Blake retweeted
Latest Withdrawal Update
Withdrawals have now been re-enabled for the following networks and assets:
New:
✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD
✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME
Already Enabled:
✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD
We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels.
Withdrawal Update
Withdrawals have now been restored for the following assets and networks:
ETH: RLUSD, USD1, TUSD, FDUSD, XUSD
We will continue to restore additional assets and networks in phases following the completion of our security checks. Further updates will be shared through official Binance channels.
Just completed a USDT withdrawal on @binance , and everything went through smoothly. ✅
The withdrawal was successful, and the transaction has been confirmed on-chain.
Good to see withdrawal services gradually coming back online.
I’ll be keeping an eye on further updates as the phased restoration continues.
#Binance #Crypto
🚨@binance to Resume Withdrawals in Phases on November 1
Binance has announced plans to begin restoring withdrawal services on November 1, 2026, between 06:00 and 09:00 UTC.
The exchange says the initial rollout will cover selected networks and assets, with withdrawals becoming available progressively as security and readiness checks are completed.
A few important points:
🔹 Deposits remain open and unaffected.
🔹 Withdrawals will return gradually, not all at once.
🔹 Binance says user funds remain safe.
🔹 The exchange will absorb the financial impact of the stolen funds rather than passing the loss to users.
Binance says its teams have carried out security assessments and additional precautionary measures before restoring affected services.
The priority now is a safe and controlled return to normal operations.
Users should follow Binance’s official channels for updates on which networks and assets are included in phase one.
The big question now is how smoothly the phased restoration will go.
#Binance #CryptoNews #Crypto
