HIVE Protocol will launch on November 12, kicking off an on-chain microstrategy experiment.

According to TradingBeats monitoring, cross-market trader TwoEyes (X handle: two_gifts_) invested approximately $7,594 in the early hours of today to buy the "Yes" prediction for "the U.S. announcing the end of its blockade on Iran by the end of November". The average execution price corresponds to an implied probability of around 21.8%. Currently, the market probability for this outcome has dropped to 17.5%, and the position is valued at roughly $6,088, with an unrealized loss of about $1,506. The same account also allocated around $1,964 to purchase the "Yes" prediction for "Russia and Ukraine reaching a ceasefire agreement by the end of the year". On Hyperliquid, TwoEyes’ current main long positions are concentrated in gold and BTC, with a combined notional value of approximately $10.749 million: - Gold: Long position worth about $6.3163 million, average entry price of $4,013.41, unrealized profit of roughly $157,400. - BTC: Long position worth around $4.4326 million, average entry price of $74,298.2, unrealized profit of about $26,800. During today’s position adjustments, the account exited its ETH long position, cut its WLD holdings by roughly half, and opened a new XRP long position worth approximately $323,900. After reducing and then repurchasing BTC, its overall BTC holding increased slightly today; gold positions were trimmed.

Official news: South Korean cryptocurrency exchange Bithumb will launch new KRW trading markets for Hyperliquid (HYPE) and Collector Crypt (CARDS). HYPE, which operates on the HyperEVM network, will have deposits and withdrawals open within two hours of this announcement, with trading set to commence at 15:00 Beijing Time on November 10. Its reference price is 100,700 KRW, and transactions require 10 network confirmations. CARDS, built on the Solana network, will offer deposits and withdrawals within three hours of the announcement, with trading expected to go live at 17:00 Beijing Time. The token’s reference price is 300 KRW, and 20 network confirmations are needed.

MEXC CEO Vugar Usi posted that the crypto exchange has, with the assistance of a top US law firm, established communication with the US Financial Crimes Enforcement Network (FinCEN). FinCEN confirmed receipt of MEXC’s written request on Monday US time, and the platform stated it is willing to fully cooperate with relevant work. Usi emphasized that MEXC’s platform is currently operating normally, with deposit, withdrawal and trading functions all unimpeded. The team has drafted a follow-up work plan and will promptly disclose relevant information to the community once progress is made. Earlier, Blockbeats reported that FinCEN ordered the severing of MEXC’s ties to the US financial system, banning US financial institutions from processing fund transfers involving the exchange. FinCEN alleged that MEXC processed at least $16 billion in funds related to sanctions evasion, cybercrime and other illegal activities between May 2021 and May 2026, involving entities from Iran, North Korea and Russia.

According to the protocol roadmap released by the XRP Ledger Foundation, the foundation has included a post-quantum-resistant signature scheme in its proposed 2027 amendment, planning to introduce the ML-DSA-44 signature algorithm to enable accounts to migrate to post-quantum-resistant keys. The scheme remains in the proposal stage: migration research is scheduled for the first half of 2027, while development, review, and audit are set for the end of 2027 or 2028. The new keys and signatures are significantly larger than existing ones, and final activation of the amendment will still require a vote from validators.

According to TradingBeats’ monitoring, after last night’s sharp crude oil price drop, the largest crude oil long whale on Hyperliquid (address starting with 0x0cc1) is currently sitting on an unrealized loss of around $12.76 million, while still holding a Brent crude oil (BRENTOIL) long position worth approximately $90.01 million, with an average entry price of $103.15. In the early hours of today, this whale placed four "reduce-only" sell orders in the $92.98–$97.98 range. Estimated across all price tiers, the total value of the orders is around $39.41 million, equivalent to roughly 41.7% of its existing long position. The orders remain pending execution. It is reported that oil prices continue to face pressure due to significant progress in US-Iran nuclear talks. Last night, Brent crude oil futures settled 5.85% lower at $92.57 per barrel, with the post-settlement drop widening to over $7 per barrel; WTI crude oil futures settled 4.38% lower at $86.85 per barrel. The estimated liquidation price for this address’s current Brent long position is approximately $81.25, around 10.1% below the current price.

According to official announcements, Upbit will list HYPE trading pairs against KRW, BTC, and USDT.