Odaily reports: The Securities and Futures Commission (SFC) of Hong Kong has published a consultation conclusion, proposing amendments to the Securities and Futures Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to restrict unauthorized institutions from using specific terms that may mislead the public into believing their business is regulated by the SFC or associated with exchanges, clearing houses, and virtual asset trading platforms. The terms proposed for restriction include "crypto," "cryptocurrency," "crypto coin," "digital asset," "digital coin," "token," "tokenised assets," "virtual asset," "virtual coin," as well as "exchange," "market," "trading platform," and others. The restrictions target combinations of the above terms and similar terms, rather than necessarily restricting the use of any single word on its own. The SFC expects to submit the finalized legislative amendment draft to the Legislative Council for review; if the amendments are passed, the relevant provisions will take effect six months after enactment.
Odaily reports: According to Odaily monitoring, a certain address currently holds a LIT short position worth about $3 million, with a position size of 872,288 tokens. During the previous monitoring period, the peak unrealized profit was $1.41 million; as of 12:18 on November 7, the current unrealized profit is about $780,000, a decrease of about $70,000 from the previous approximately $850,000.
Address: 0x99967871e6c4f9a5185abc57edede9e9540191f6
Odaily reports: On November 6, the Hong Kong Securities and Futures Commission (SFC) published a consultation conclusion proposing, under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, to restrict unregulated entities from using names that may mislead the public into believing they are regulated. The relevant restrictions are proposed to be extended to virtual asset trading platforms, as well as virtual assets that are not related to securities or futures contracts but can be traded or settled through virtual asset trading platforms. The proposals received broad market support. The SFC will further finalize the amendment bills to the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance, and submit them to the Legislative Council for deliberation and approval.
Odaily reports: According to Onchain Lens monitoring, an address that had been dormant for a year has resumed transferring tokens from MEXC to Binance. Recent transfers include 405,000 ASTER, worth approximately $275,500; 227,270 FF, worth approximately $19,700; and 1.47 million OP, worth approximately $149,500, with the total value of assets involved amounting to approximately $444,700.
Odaily reports that according to Onchain Lens monitoring, a certain whale has withdrawn another 16,900 LINK from Binance to its multisig wallet, worth approximately $181,600. Within 18 hours, the whale withdrew a total of 57,000 LINK through 4 transactions, worth approximately $612,600.
According to Odaily monitoring via Arkham, an address transferred 1.5 million WLD tokens to OKX three hours ago. Over the past three days, this address has cumulatively transferred 5.1 million WLD to CEXs including Coinbase and Gate, valued at over $1.8 million. The address is suspected to be associated with the Worldcoin team. Seven days ago, it received 10.258 million WLD through address "0x6325," worth $4.11 million. Three years ago, a Worldcoin team-labeled address transferred these WLD tokens to address "0x6325," when they were worth as much as $18.26 million—a decline of approximately 77.5% since then.
Odaily Report: According to monitoring by on-chain analyst Ai Yi, an address (0xBA2…aB9ff) has accumulated 740,000 LINK and 3,046.68 ETH over the past five days, spending a total of $15.15 million. The address currently holds a total of 787,000 LINK, with the average cost after adding to the position dropping to approximately $11.24, resulting in an unrealized loss of $366,000.
According to Odaily, on-chain analyst Ai Yi has monitored that a certain address spent $19.62 million on-chain three hours ago to buy 8,773.52 ETH at an average cost of $2,236.75.
Odaily Report: According to SoSoValue data, yesterday (November 6, US Eastern Time), ZEC spot ETFs recorded a total single-day net inflow of $1.7718 million. Among them, only the Zcash ETF (ZCSH) recorded a net inflow, with a single-day net inflow of $1.7718 million and a cumulative historical net inflow of $209 million. As of press time, the total net asset value of ZEC spot ETFs stands at $772 million, with a ZEC net asset ratio of 3.40% and a cumulative historical net inflow of $209 million.
According to SoSoValue data, HYPE spot ETFs recorded a total single-day net outflow of $7.96 million yesterday (November 6, US Eastern Time).
Among them, Bitwise Hyperliquid ETF (BHYP) saw the largest single-day net outflow at $7.05 million, with cumulative historical net inflows reaching $114 million; 21Shares Hyperliquid ETF (THYP) recorded a single-day net outflow of $907,000, with cumulative historical net inflows reaching $27.41 million.
As of press time, the total net asset value of HYPE spot ETFs stands at $374 million, with a HYPE net asset ratio of 2.00% and cumulative historical net inflows of $287 million.
According to SoSoValue data, yesterday (November 6, US Eastern Time), SOL spot ETFs recorded a total daily net outflow of $25.076 million. Among them, Bitwise Solana Staking ETF (BSOL) saw the largest net outflow at $14.4424 million, with cumulative historical net inflows reaching $1.109 billion; Grayscale Solana Trust (GSOL) recorded a net outflow of $5.429 million, with cumulative historical net inflows reaching $122 million. As of press time, the total net asset value of SOL spot ETFs stands at $1.308 billion, with a SOL net asset ratio of 2.46% and cumulative historical net inflows of $1.442 billion.
According to Lookonchain monitoring, a certain whale bought another 308,517 UNI 10 hours ago, worth $2.13 million. Over the past 45 days, this whale has accumulated 1.32 million UNI, worth $11.05 million.
Odaily reports: According to a post by Leopold Stock Tracker, there is currently no confirmed source indicating that Situational Awareness, the investment fund founded by Leopold Aschenbrenner, has blown up again. However, the fund’s holdings disclosed in Q2 have seen significant drawdowns, with SanDisk falling from a stage reference price near $836 to a low under the relevant statistical measure, a drop of about 63%; Micron fell about 41%, Core Scientific fell about 56%, Nebius fell about 54%, CoreWeave fell about 55%, and Bloom Energy fell about 43%.
It is worth noting that Situational Awareness’s Q3 13F holdings report is expected to be released on November 16, at which time it will disclose the fund’s U.S. stock holdings as of September 30, and is expected to cover position changes during the period from July 1 to September 30.
Odaily Report: Tom Lee, Chairman of Bitcoin treasury company Bitmine, said in an interview with CNBC that the AI investment boom is far from over. As more and more users use tokens, demand for computing resources may continue to climb, causing computing power supply to tighten again and driving related prices higher. AI infrastructure bottlenecks may once again become a focal point of market attention. In addition, although many U.S. states and local communities welcome the economic benefits brought by AI investment, they will also seek to advance related investment on their own terms and strengthen AI safety regulation.
According to MSX.COM data, APP rose 10.3% in 24 hours and is now trading at 389.9 USDT.
Odaily Planet Daily News: The Greek parliament has passed a cryptocurrency tax framework. Starting January 1, 2027, annual net cryptocurrency gains exceeding €500 will be taxed at 10%; income from staking, crypto lending, and DeFi will be subject to a 15% income tax rate. Cryptocurrency losses exceeding €500 can be carried forward to offset future gains for five years.
The new rules clarify the tax treatment of cryptocurrency inheritance, gifts, and transfers between parents, with valuation based on prices from recognized trading platforms. Contributing cryptocurrency to a company's capital is considered a taxable transfer, while cryptocurrency sales are exempt from Greece's digital transaction tax; if the relevant income is paid in cryptocurrency, the taxable value is determined by the asset's euro price at the time of the transaction.
Investors may voluntarily declare unreported cryptocurrency gains and qualifying income within 12 months before or after the new rules take effect, and paying taxes within 60 days after declaration exempts them from late fees and interest. Whether cryptocurrency swaps trigger capital gains tax remains to be clarified, and the Greek Ministry of Finance will issue implementing rules. (Bitcoin.com News)


