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🥇 Top Crypto Gainers & Losers: Monday, November 3

📈 Top Gainers:

Mine Blue (MB) +114.3%
Jelly-My-Jelly (JELLYJELLY) +119.6%
0G (0G) +29.7%

📉 Top Losers:

Wilder World (WILD) -59.9%
Firepool (FIRE) -45.4%
BinanceLife (币安人生) -32.9%

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👍 CZ fires back at Peter Schiff with facts

Schiff claimed Bitcoin “hasn’t moved” since January while NASDAQ and gold rallied 18% and 42%. CZ simply dropped a CoinMarketCap screenshot: BTC at ~$107K and +57% YoY

Hard to argue with the chart, Peter 🤷‍♂️

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😢 CryptoRank reports that Bitcoin closed October in the red - marking its first negative October since 2018

A rare break in BTC's usually strong Q4 seasonality, as the market absorbed liquidations and macro uncertainty

Red October isn’t bearish - it’s a plot twist before the next chapter 🚀

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💸 Bitcoin is going through its “IPO phase”, says Wall Street veteran Jordie Wisse

1️⃣ BTC is in its “IPO phase” as early holders rotate into a broader investor base
2️⃣ OGs should diversify and take profits after large gains
3️⃣ Retail sees BTC as boring next to hype stocks like NVIDIA
4️⃣ Low correlation with NASDAQ makes BTC a long-term diversification tool
5️⃣ Once distribution ends and old players exit the spotlight BTC could reenter a growth phase


The next leg starts after the handover

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📺 South Park just dropped a new episode - and it’s all about launching a memecoin

The plot? Chaos, hype, influencers, and everyone trying to get rich by minting their own coin. Pretty spot-on timing for crypto culture right now

When South Park parodies your industry… congratulations, you’re mainstream 😎

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🇫🇷 France proposes new crypto tax

Lawmakers want to treat crypto as “unproductive wealth” and tax it accordingly

Bienvenue à TradFi 😏

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😲 Gate just dropped latest Proof of Reserves report:

🔼Total reserves: $11.676B
🔼Reserve ratio: 124%

While others debate transparency, Gate keeps publishing numbers and staying overcollateralized. Proof, not promises 🥂

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😲 We are going higher with steady price, 42, Fear

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☺️ Jack Dorsey’s Square will give $50 in Bitcoin to the first 20,000 merchants who start accepting BTC

The program is designed to accelerate Bitcoin adoption in everyday commerce, turning small businesses into on-chain payment hubs

At this pace, “stack sats” is about to become a business strategy, not a meme 😎

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😎 Western Union is launching a stablecoin on Solana - reports The Wall Street Journal

The century-old payments giant joins the crypto race, bringing blockchain rails to its global remittance network

From telegrams to Solana transactions - full circle in 170 years 🤗

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🤗 GM!

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🔥 Visa will start accepting payments in four stablecoins across four different blockchains with seamless fiat conversion - CEO of Visa

The company expands its crypto strategy, integrating stablecoins into its global payments network

When TradFi starts speaking stablecoin - the game officially changes 🤵

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😎 Citi is linking Coinbase to its new stablecoin payments system

Institutional clients will be able to move money on-chain directly through Coinbase infrastructure

TradFi rails just got tokenized

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⌨️ Still in Fear, 33

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📊 Weekly Crypto Asset Flows

Digital asset investment products saw $390M in outflows last week
💸 Bitcoin led the drop with $946M leaving BTC funds
🪙 Solana continued to attract capital with $421M in inflows

A mixed week for crypto capital flows 😶

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🇺🇸 Trump: I only care if the US is number one in crypto

In a recent interview, Trump doubled down on America’s role in the crypto race. No ambiguity, no middle ground

Just pure onchain patriotism 😇

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💰 MicroStrategy buys 397 more BTC, now holds 641,205

The latest purchase cost ~$45.6M at $114,771 per coin. Average cost basis: $74,057

Relentless accumulation continues ✍️

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💸 Bitcoin mirrors its COVID-era pattern

Despite liquidations 20 times larger, the structure remains intact

If it holds, BTC could reach $280K this cycle 📈

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🚬 Warren Buffett's Berkshire Hathaway keeps stacking cash instead of stocks

The company sold $6.1B worth of equities in Q3, pushing its cash reserves to a record $381.7B - a level that suggests Buffett is waiting for a major market dislocation before deploying capital

When the Oracle sits this still, he’s not sleeping - he’s hunting for blood in the streets 👀

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🚨Analysts warn Balancer may have been hacked

Several suspicious transactions tied to Balancer sparked fears of a $70M hack, as on-chain data shows a wallet holding tens of millions suddenly moving funds

DeFi security feels like a boss fight every week 😵

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🇺🇸 Trump: Crypto is the future and the US must lead

In a new interview, Trump said AI chips are a national security issue and crypto should belong to America. He also distanced himself from CZ: “I don’t know who he is”

America First, even onchain 😏

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😉 GM Fam!

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🚀 Game of the Day: It’s Crash Day!

Minibet Studios

Climb fast. Bail smart.
One second late, and it’s game over.
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😁 Jim Cramer says we “got to wait until Monday for a bounce” in the financial markets

The CNBC host suggested that recent volatility isn't done yet and traders should brace for more chop before any recovery attempt early next week

Translation: we trust the classic reverse 🤫

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✏️ We are still in Fear, but 37 now

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🎮 Gate kicking off Black Friday in full send mode:

🔼Zero-threshold cashback event for Convert users: 120,000 USDT + 10,000 GT on the table
🔼Partnering with FUTURUM to throw a Dubai crypto meetup
🔼Alpha Points airdrops #90 and #91 go live - сlaim BEAT or COMMON depending on your bag weight
🔼THORWallet (TITN) getting its first spot listing on Gate

Gate isn’t slowing down - reward cycles, listings, events, and ecosystem touches stacking week after week 🥂

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🗽 US bill proposes crypto ban for presidents and officials

Rep. Ro Khanna wants to block top government figures from owning, trading or issuing crypto

Insider trading prevention or just political positioning 👍

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🥃 IBM launched its new blockchain platform Digital Asset Heaven for institutional clients

Big Blue officially enters the crypto infrastructure race

From mainframes to mainnets 😊

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🌻 GM Frens!

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