Wednesday Nov 5 2025 09:40
2 min
Authorities in Hong Kong continue to investigate JPEX, a digital asset trading platform, for allegedly operating without a license. Police have charged 16 individuals, including prominent figures and influencers in the crypto space. Separately, the US Treasury Department has imposed sanctions on a North Korean money laundering network using 54 digital currency addresses.
Gemini, founded by the Winklevoss twins, plans to enter the prediction market by launching event contracts. Additionally, Bitcoin mining is seeing notable activity, with Riot Platforms and CleanSpark reporting their October production and sales figures.
Delphi Digital analysts suggest that $98,900 could be Bitcoin's November low if the current bullish trend persists. In contrast, Arthur Hayes cautions that the reopening of the US government after the shutdown could increase liquidity, driving up the prices of BTC and ZEC.
Bitcoin and Ethereum spot ETFs experienced net outflows in recent days. Conversely, Solana spot ETFs recorded net inflows.
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