AICoin Daily Report (November 5)

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15 hours ago

1. Adam Back expresses willingness to buy 21 million BTC at $0.01 each

Blockstream CEO Adam Back stated that he is willing to purchase all 21 million bitcoins at a price of $0.01 each, emphasizing that Bitcoin will never go to zero. -Original

2. CZ mentions being trapped every time he buys coins and reminds of risks

CZ posted on the X platform that he has been trapped every time he buys coins, including when he bought BTC at an average price of $600 in 2014, which then dropped to $200, and when he bought BNB in 2017, which fell by 20%-30%. He revealed that he increased his holdings again yesterday and reminded everyone to be aware of the risks, stating that he will no longer disclose his holdings in the future. -Original

3. Gold price correction ends, may rise to $4,700

UBS analysts stated that the correction in the gold market has temporarily ended, with gold prices expected to reach $4,200 per ounce; if geopolitical or market risks escalate, in an optimistic scenario, gold prices could rise to $4,700 per ounce. UBS noted in a report released on Monday that the recent sell-off lacked fundamental support, and weakened price momentum led to a second round of declines in futures positions, but the underlying demand for gold remains strong. Analysts cited a report from the World Gold Council indicating that the demand for gold from central banks and individual investors continues to heat up. -Original

4. U.S. government shutdown may break 35-day historical record, impacting the crypto market

On November 5, the U.S. Senate failed to pass a temporary funding bill for the federal government on the 4th local time. This means that the current federal government shutdown, which began on October 1, may break the historical record of 35 days set from late 2018 to early 2019, becoming the longest government shutdown in U.S. history. -Original

5. Tenerife Island government plans to sell 97 bitcoins, with a rise of over 1,000 times

6. U.S. SEC pauses crypto treasury investigation due to government shutdown, may issue subpoenas

As the U.S. government shutdown enters its second month, the SEC's investigation into potential insider trading related to the crypto asset treasury strategy (DAT) used by public companies has been temporarily halted. A former SEC lawyer stated that the investigation is almost certain to resume once the government reopens, and if the preliminary investigation escalates to a formal investigation, the SEC may issue subpoenas within one to two months. Legal experts believe that although the Trump administration was relatively friendly to the crypto industry, the SEC's clarification of potential violations will help improve the regulatory framework for digital assets. -Original

7. Arthur Hayes claims the Federal Reserve may restart printing money to boost Bitcoin prices

Former BitMEX CEO Arthur Hayes stated that the Federal Reserve may restart printing money to fund U.S. debt, a move that could drive up Bitcoin prices. -Original

8. Probability of Federal Reserve rate cut in December reaches 69%, market focuses on subsequent policies

CME's "FedWatch" data shows that the probability of the Federal Reserve cutting rates by 25 basis points in December 2025 is 69%, while the probability of maintaining the current rate level is 31%. Looking ahead to January next year, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points is 55.1%, the probability of keeping rates unchanged is 19.7%, and the probability of a cumulative cut of 50 basis points is 25.2%. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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