bull

Telegram founder and CEO Pavel Durov stated that despite the recent general decline in the cryptocurrency market, GRAM has still risen against the trend. He believes that GRAM is the only cryptocurrency that has truly integrated into a large social ecosystem and is currently severely undervalued.Durov mentioned that GRAM should rank among the top three in the CoinMarketCap cryptocurrency market capitalization list and is confident that this goal can be achieved in the future. He revealed that over the past 48 hours, more than 1 million self-custody wallets for Gram have been activated on the Telegram platform, and GRAM has risen approximately 14% in the 24 hours prior to his post.

The founder of the Liebit Mining Pool, Jiang Zhuoer, posted on the X platform stating that there is no doubt the bull market is still ongoing. A large number of on-chain indicators and long-term indicators show that the bear market has ended, with July's low of $57,758 being the lowest point of this bear market. The only question now is whether this round of decline will stop at the Fibonacci 50% retracement level of $72,500 or at the 61.8% retracement level of $69,000 to $70,000.Jiang Zhuoer stated that after being hacked on Binance, he bottomed out DeFi altcoins at $76,600. From a long-term trading perspective, there is no problem, but one should not simultaneously hold a 100% position in BTC long. This is a huge mistake of conflating long-term and short-term trading.Subsequently, BTC fell to $72,700, hitting its 5% stop-loss line, forcing him to open a hedge short position at $73,000, which is essentially a stop-loss. Jiang Zhuoer indicated that he will wait to exit, and if BTC further drops to $70,500, he will close the hedge short position at $73,000.

Cathie Wood's investment firm Ark Invest reduced its holdings in Block, Bullish, and its own Bitcoin ETF on Monday, while increasing its positions in SoFi Technologies and Nvidia stocks. According to Ark's latest trading disclosure, it sold 68,997 shares of Block, founded by Jack Dorsey, worth $6.1 million; and sold 49,767 shares of Bullish, worth $1.1 million. On the same day, Block's stock price rose 3.6%, closing at $88.56; Bullish increased by 7%, closing at $22.8.Ark also reduced its holdings in its own Ark 21Shares Bitcoin ETF (ARKB) by $1.6 million. The fund has a net asset size of $2.15 billion and recorded a net outflow of $9.9 million on Monday, which is part of the total net outflow of $201.1 million for U.S. spot Bitcoin ETFs on that day. Meanwhile, Ark purchased $6.8 million worth of SoFi Technologies stock and $16.2 million worth of Nvidia stock.SoFi's stock price rose 3.33% to $16.75 on Monday. The company's latest financial report showed that as of the end of September, it had 503,000 crypto products, with gross revenue from crypto trading increasing by 20% quarter-over-quarter to $161.6 million; last month, SoFi also launched an interest-bearing tokenized deposit product called SoFi Earn. Nvidia's stock fell 4.27% to $178.67 on Monday, after the company stated that its board is investigating the relationship between CEO Jensen Huang and a woman identified by intelligence officials as a Chinese spy. Ark regularly adjusts ETF weights to keep individual stock holdings within 10% of the fund's portfolio.

Santiment stated that in the past two weeks, wallets holding 1 to 10 BTC have accumulated an additional 10,076 BTC, while wallets holding 10 to 100 BTC have added 4,131 BTC, totaling an increase of 14,207 BTC.Santiment pointed out that this type of holding group is usually more patient than small retail wallets, tending to increase their holdings during market panic and reduce exposure after a strong rebound. The agency believes that the inflow of over 14,000 BTC into these wallets during a significant market sell-off is a bullish signal, but it remains to be seen whether this trend can continue. If BTC stabilizes at the $75,000 level and wallets holding 1 to 100 BTC continue to accumulate, regaining $78,000 and $80,000 will further strengthen the judgment of a local bottom formation; however, if the price falls below recent lows and related wallets start to reduce their holdings, this signal will weaken.

Tom Lee, Chairman of the Ethereum treasury company Bitmine, stated that although the ETH price continues to be disappointing, this more reflects the market's lack of patience. In 2026, the wave of tokenization is steadily advancing and making significant progress, with the vast majority of tokenized assets built on Ethereum. Ethereum founder Vitalik Buterin also reaffirmed ETH's positioning as a store of value.In addition, Tom Lee believes that the cryptocurrency bull market has just begun, and the AI narrative has not absorbed all the new capital. Overall, the outlook for the cryptocurrency market remains bullish for the next 24 to 36 months, and he calls on investors to be prepared.

On November 9, Gate founder and CEO Dr. Han was invited to the headquarters of the F1 Red Bull Racing team in Milton Keynes, UK, to participate in the "Racing the Future Vol.5" series of events and deliver a keynote speech. During this time, Dr. Han engaged in discussions with F1 Red Bull Racing team CEO and team principal Laurent Mekies, exploring global market expansion, technological innovation, and future cooperation directions.The keynote sharing session was opened by Gate Europe CEO Dr. Giovanni Cunti. Following this, Dr. Han delivered a keynote speech titled "New Rules, New Grid: Be Ready for Crypto's New Era," starting from the changes in F1 regulations to discuss the reshaping of the crypto industry under security risks, tightening regulations, and the rapid development of emerging businesses.In the face of industry changes, Dr. Han shared Gate's three major forward-looking layouts: in terms of security, launching the PoSEC fund security proof to enhance the transparency of fund storage; in terms of compliance, continuously promoting global market layouts, with compliance coverage in 81 jurisdictions; in terms of business, expanding financial services such as Gate Pay and Gate Money to promote the integration of digital assets with traditional finance.As the official sponsor of the F1 Red Bull Racing team and exclusive cryptocurrency trading platform partner, Gate also visited the Red Bull Racing factory to gain an in-depth understanding of its technology research and development and racing engineering system. In the evening, a high-profile networking dinner was held, gathering executives from both sides and invited guests to engage in in-depth discussions on technological innovation, global market expansion, and cross-industry cooperation, further deepening the cooperative relationship between the two parties.Disclaimer: This event is for entertainment and social interaction purposes only and does not constitute any offer, solicitation, or recommendation. UK users are not allowed to use Gate services through Gate.com and can only use services provided by Gate UK. Gate will not promote or provide products or services on Gate.com in restricted areas (including the UK).

According to The Block, StoneX Financial has initiated coverage of the cryptocurrency exchange Bullish, giving it a "Buy" rating and a target price of $42, indicating an upside potential of about 97%. Analyst Mark Palmer pointed out that Bullish's upcoming $4.2 billion acquisition of Equiniti is a key part of its bullish argument.Palmer stated that after the transaction is completed, Bullish will become the transfer agent for about 30% of S&P 500 companies and half of the FTSE 100 companies, controlling a critical node for converting stocks from database entries into tokens. The on-chain scale of tokenized stocks is currently about $2.1 billion, while the global stock value reaches $151 trillion, with the tokenized asset market potentially reaching $9.4 trillion by 2030.Bullish's adjusted revenue for the second quarter grew by 62% year-over-year to $92.6 million. StoneX also highlighted risks related to delays or failures in the Equiniti transaction, a slowdown in tokenization adoption, and competition from Nasdaq, DTCC, NYSE, Securitize, and others.

According to the official announcement, the cryptocurrency trading platform Bullish (BLSH), listed on the New York Stock Exchange, has appointed former NYSE President Stacey Cunningham as the company's president.Cunningham previously served as the president of NYSE Group, being the first woman to lead the exchange group, and held the position of Chief Operating Officer, responsible for technology modernization and the integration of several exchange mergers; prior to that, she held senior positions at Nasdaq. She currently also serves on the boards of Cloudflare, the New York Stock Exchange, and Georgetown University's Psaros Center for Financial Markets and Policy, and was an operating partner at private equity firm Advent, as well as an advisor to Uniswap Labs.Bullish CEO Tom Farley stated that her expertise in market structure, operational experience, and issuer relations will play a key role in the company's efforts to combine traditional financial infrastructure with blockchain technology.Bullish is advancing its tokenized securities strategy: in May 2026, it announced the acquisition of transfer agent Equiniti for $4.2 billion (serving nearly 3,000 issuer clients and over 20 million shareholders), with the transaction expected to be completed in January 2027; the company has also been approved to conduct tokenized securities trading in Gibraltar and has launched tokenized stock trading initiated by its own issuers.

According to the official announcement from OneBullEx, the platform has launched the Spartans Strategy Ambassador Program, aimed at establishing a strategy recommendation cooperation mechanism for traders, KOLs, and community managers. All platform users can apply to become ambassadors, recommending quality traders to the platform; once the recommended strategies go live and meet the standards, ambassadors can receive cash referral rewards and long-term profit sharing.It is introduced that this program combines strategy resources with continuous performance evaluation, aiming to strengthen the connection between strategy teams, professional traders, and communities, and expand the cooperation network of the Spartans ecosystem. Relevant rewards will be determined based on the actual performance of the strategies after they go live and the platform's review results. The cash reward for a single strategy can reach up to 3,300 USDT plus AUM profit-sharing rewards.

According to the official announcement from OneBullEx, the Spartans strategy ecosystem has launched the "Real Gold Seed Program," which provides real capital support for individual traders and professional strategy teams worldwide. Under this program, the platform will provide initial funding, and eligible strategy providers do not need to invest their own funds to start live trading on Spartans, offering eligible strategy owners the opportunity to expand their management scale.OneBullEx stated that the "Real Gold Seed Program" is part of OneBullEx's efforts to advance the Spartans strategy ecosystem, aiming to connect professional strategy providers with platform resources, exploring collaborative paths from strategy discovery, live evaluation to capital support, and further expanding the network of traders and strategy collaborations within Spartans.

According to the official announcement from OneBullEx, the Spartans strategy ecosystem has officially launched the "Leverage Plan," with a Q4 investment pool size of 2 million USDT to support high-quality strategies that have been evaluated through real trading assessments.Under the plan framework, the maximum co-investment amount can reach up to 20 times the strategy provider's own capital, with a single strategy Bot's co-investment cap set at 1 million USDT, and the actual scale will depend on the review results and related conditions. This plan establishes a tiered cooperation mechanism centered around strategy performance, capital support, and continuous evaluation, aiming to connect strategy development with actual trading scenarios. OneBullEx stated that the plan aims to provide larger capital scales for strategy providers that have proven their capabilities in Spartans, promoting the construction and continuous growth of the Spartans strategy ecosystem.

According to The Block, Cathie Wood's Ark Invest purchased $2.44 million worth of Coinbase stock on Thursday, while the stock fell 9.69% that day.Ark Invest also sold 109,522 shares of Bullish stock, valued at approximately $2.27 million, and 119,841 shares of Bitmine stock, valued at approximately $2.28 million. Both Bullish and Bitmine saw declines of over 10% that day.

Bull Bitcoin, a Bitcoin-exclusive exchange, announced a deep integration with Payjoin, claiming to be the world's first Bitcoin exchange to offer Payjoin as a deposit and withdrawal option, introducing two new concepts: "default Payjoin" and "Payjoin transaction." Founded in 2013 by Francis Pouliot in Canada, Bull Bitcoin is the longest-operating Bitcoin-exclusive exchange globally, with its non-custodial platform allowing users in Canada, Europe, and Latin America to buy Bitcoin directly into their wallets or sell Bitcoin to bank accounts. The company also developed the free and open-source Bitcoin self-custody wallet BULL Wallet, which has been self-funded since its inception.Payjoin is an on-chain privacy protocol for Bitcoin that breaks the fundamental assumptions made by on-chain analysis companies about user behavior, such as the assumption that one of the unspent transaction outputs (UTXO) generated by a transaction is change returned to the sender. The protocol adds a layer of off-chain coordination that obscures user intent by making the amounts sent and returned ambiguous, thus protecting on-chain privacy without requiring a hard or soft fork of the Bitcoin consensus. When BULL Wallet users buy and sell Bitcoin on-chain through the built-in exchange, transactions will default to using Payjoin, helping buyers passively aggregate UTXOs in their wallets, reducing future Bitcoin miner fees while shrinking the Bitcoin UTXO set size and alleviating fee pressure for all users.Payjoin transactions are used to protect users from malicious actors attempting to glean their financial habits through on-chain analysis. Since Bitcoin transaction amounts are public, outsiders may infer personal salaries or investment strategies, and as a non-custodial exchange, Bull Bitcoin leaves an on-chain trace for every transaction. In December 2024, BULL Wallet became the world's first wallet to integrate the Payjoin V2 protocol, a project advanced in collaboration with Dan Gould and the Payjoin Dev Kit team, with all related wallet and exchange software being completely free and open-source. Users only need to download BULL Wallet, create a Bull Bitcoin exchange account, and log in through the BULL mobile app, with the rest of the process being automated.

The dust has settled on the U.S. midterm elections, with the Democratic Party winning control of both chambers of Congress, and Trump has stated that he accepts the election results. After the uncertainty dissipated, the market rebounded significantly, with the S&P 500 index rising nearly 2% in a single day, the Dow Jones index increasing by over 3%, and the VIX experiencing its largest single-day drop since April 2025. Institutions such as JPMorgan, Nomura, HSBC, and Citadel Securities have successively released bullish reports.The core logic is that institutions had significantly deleveraged before the election, and short positions in the stock market were close to a five-year high. Citadel Securities stated that the net position of CTAs in U.S. stocks is approximately negative 3.3 standard deviations, placing it in the 10th percentile since 2018. Retail investors have net bought nearly $33 billion over 22 consecutive trading days since October 5, and the corporate buyback authorization window has also quickly reopened, with new authorizations reaching $1.5 trillion this year.Tech stock valuations are compressing simultaneously. The price-to-earnings ratio of the Nasdaq 100 has dropped to 19.1 times, the lowest since October 2022; the price-to-earnings ratio of semiconductor components has fallen to 13.8 times. HSBC views the Anthropic IPO as a key turning point for a comprehensive bullish trend in tech stocks. Historical data shows that since 1938, the S&P 500 has risen in 95% of the years in the 12 months following midterm elections, with an average increase of about 14%.