November 2023 roundup of all things crypto and what’s happening in the cryptocurrency realm. What was your biggest news piece?
November 1st to November 8th:
- Coinbase crypto futures for retail US traders goes live, includes 'nano' Bitcoin trading
![](https://www.tbstat.com/wp/uploads/2023/03/20230306_Coinbase_News-1200x675.jpg)
- PayPal UK unit registers as crypto service provider
![](https://www.coindesk.com/resizer/9Ff3IFUe8lM64kuo4HIr8bAglC4=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JK6FDMEH7JCL7PY5CWEPPCUQJM.jpg)
- Funding rates for Bitcoin perpetual futures markets have flipped positive across exchanges for the first time in months, suggesting a bullish bias. Open interest is also slowly rebuilding after a wave of liquidations during the initial price surge
![](https://research-backoffice-prod.kaiko.com/wp-content/uploads/sites/2/2023/10/unnamed-48-3.png)
- In October, MicroStrategy acquired an additional 155 BTC for $5.3 million and now holds 158,400 BTC
In October, @MicroStrategy acquired an additional 155 BTC for $5.3 million and now holds 158,400 BTC. Please join us at 5pm ET as we discuss our Q3 2023 financial results and answer questions about the outlook for #BusinessIntelligence and #Bitcoin. $MSTR https://t.co/w7eRUcGobi
— Michael Saylor⚡️ (@saylor) November 1, 2023
- SBF's closing argument: Prosecution's 'movie villain' narrative lacks any clear motive
![](https://www.tbstat.com/wp/uploads/2023/09/20230727_SBF_News_2-1200x675.jpg)
- Swiss bank launches Bitcoin and Ether custody and trading services, in partnership with SEBA
![](https://www.tbstat.com/wp/uploads/2020/04/GettyImages-1091294426-scaled-e1587034116828-832x675.jpg)
- Hong Kong sets out requirements for asset tokenization in light of ‘market demand’
![](https://www.tbstat.com/wp/uploads/2019/11/shutterstock_254987725-1-1010x675.jpg)
- PayPal received a subpoena from U.S. SEC division of enforcement relating to PYUSD stablecoin
![](https://www.coindesk.com/resizer/9Ff3IFUe8lM64kuo4HIr8bAglC4=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JK6FDMEH7JCL7PY5CWEPPCUQJM.jpg)
- On Coinbase, BTC and ETH account for the majority of volumes, at 36% and 22%, respectively. Altcoins account for just 31% while stablecoins represent 10%.
However, on Korean exchanges, the vast majority of volume comes from altcoins. On Upbit, just 2% of its volume has come from ETH and just 9% from BTC
![](https://research-backoffice-prod.kaiko.com/wp-content/uploads/sites/2/2023/10/mktshare-1.png)
- ProShares launches Ether futures ETF for crypto bears
![](https://www.reuters.com/resizer/PLn0HczDKveF3K_ax0unljSUDio=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/37QXKDW5J5JDXBI4KV4H5GGN2E.jpg)
- Tether extends debt financing to Northern Data capped at $610 million
![](https://www.tbstat.com/wp/uploads/2020/09/20200914_Tether-1200x675.jpg)
- Coinbase beats estimates but sees lower trading volumes in third quarter
![](https://www.reuters.com/resizer/DGEUKeuh5kyY0B61ZR3HPl5iLaU=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/WDLQ7AOO7BL4HFMX7UBXZUR3Y4.jpg)
- Sam Bankman-Fried found guilty on all seven criminal fraud counts, sentencing set for March 28, 2024
![](https://image.cnbcfm.com/api/v1/image/107285367-16917745592023-08-11t171122z_553364842_rc2sl2ax4jqv_rtrmadp_0_usa-bankmanfried.jpeg?v=1696275186&w=1920&h=1080)
- Bitcoin settled more than 40 million transactions in a single quarter for the first time since its inception in Q3 of 2023
https://4822441.fs1.hubspotusercontent-na1.net/hubfs/4822441/HDX%20-%20Q323%20Market%20Pulse.pdf
November 9th to November 16th:
- SEC Chair Gensler says rebooted FTX run by ex-NYSE chief is possible if done 'within the law'
- Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups
![](https://www.tbstat.com/wp/uploads/2019/11/shutterstock_1286806993-1013x675.jpg)
- Lightspeed Faction launches $285M early-stage crypto fund
![](https://techcrunch.com/wp-content/uploads/2021/03/GettyImages-1267414780.jpg?resize=1200,835)
- EU Parliament approves Data Act with smart-contract kill switch provision
![](https://www.coindesk.com/resizer/HU-9PeYyvJjZDV7IaUhK-F6rno8=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OTO7BMQMHVGKNBEBL4I2KEDO6I.jpg)
- OneCoin legal chief pleads guilty to money laundering and wire fraud: DOJ
![](https://www.tbstat.com/wp/uploads/2019/05/onecoin-court-1200x675.jpg)
- Celsius Network cleared to exit bankruptcy, said it could start repaying customers in January
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iYcdjAWOa920/v0/1200x800.jpg)
- BlackRock Eth ETF confirmed in Nasdaq filing
A proposed rule change to list and trade shares of the iShares Ethereum Trust (the "Trust") under Nasdaq Rule 5711(d) ("Commodity-Based Trust Shares").https://t.co/1UIucYnsb3
— db (@tier10k) November 9, 2023
- CME just flipped Binance for the largest share of Bitcoin futures open interest
Wow, the real flippening that no one is talking about:
— Will (@WClementeIII) November 9, 2023
CME just flipped Binance for the largest share of Bitcoin futures open interest.
Bittersweet -- there will soon be more suits than hoodies here.
(h/t @VidiellaLaura) pic.twitter.com/SIPRLMlFcy
- JPMorgan switches on programmable payments using blockchain tech
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iz72e.Mcj5PI/v1/1200x800.jpg)
- Poloniex wallet seemingly drained of around $63 million in cryptocurrency; Poloniex hack estimates rise to $114 million
![](https://www.tbstat.com/wp/uploads/2023/04/20230411_Hack_Generic_2-1200x675.jpg)
- FTX sues crypto firm Bybit to recover assets worth $953 million
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iwLvbppvwT.4/v0/1200x800.jpg)
- Genesis, Three Arrows Capital reach agreement on $1B of claims with a payment of $33 million
![](https://www.coindesk.com/resizer/3iZshAW2A0wNJ-zhqT0fJyo7Ar0=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UFSIRE2W7BFGRLAH67XQE3GXS4.jpg)
- The Block sold it's majority stake to Foresight Ventures in deal valuing it at $70M, most capital used to buy out former CEO Mike McCaffrey's stake
https://www.axios.com/pro/fintech-deals/2023/11/13/the-block-70-million-foresight-ventures
- Cboe Digital to launch margined Bitcoin and Ether futures on January 11
- Tron's dominance of the stablecoin market has grown from 23% a year ago to 37.55% today
The potential flippening that no one is talking about.
— Patrick Scott | Dynamo DeFi (@Dynamo_Patrick) November 10, 2023
Tron's dominance of the stablecoin market has grown from 23% a year ago to 37.55% now. pic.twitter.com/CzfRElB48W
- Goldman and BNP Paribas lead $95M new funding for UK-based Fnality blockchain payments firm
![](https://www.reuters.com/resizer/WTLL51eDo5Ysq4ZeA5cuoHnNdNs=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/FTGFRPKZ4VJSBJ3IWS2JEOD66M.jpg)
- Australia updates its capital gains tax guidance to include wrapped tokens and DeFi
![](https://www.coindesk.com/resizer/LjmqW1g3-VEYQ4RSxrmW4ctSgrg=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/45IGQGPRWVESFPQR5QKVNLGQRI.jpg)
- The Bitcoin Illiquid Supply metric, which measures the amount of supply held in wallets with minimal history of spending is at an ATH of 15.4M BTC
The #Bitcoin Illiquid Supply metric, which measures the amount of supply held in wallets with minimal history of spending is at an ATH of 15.4M BTC.
— glassnode (@glassnode) November 10, 2023
Changes in Illiquid Supply often move in tandem with exchange withdrawals, suggesting investors continue to withdraw their coins… pic.twitter.com/lwHQmFkoMy
- Delaware authorities reported the authors of fake BlackRock XRP filing to law enforcement
![](https://www.tbstat.com/wp/uploads/2019/06/department-of-justice-1200x675.jpg)
- India's Supreme Court turns away petition asking government to frame crypto guidelines
![](https://www.coindesk.com/resizer/Eh60WGJi1qmq0elafYzKqQ2Z_CA=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AKZSFSJXHBAXTOON6QMVT6TIRY.jpg)
- Binance Japan to list 13 new tokens, including Near and Optimism
![](https://www.tbstat.com/wp/uploads/2023/04/20230418_Binance_Generic-1200x675.jpg)
- Commerzbank wins crypto custody license in digital assets push
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iF3qOsBKeqXA/v1/1200x800.jpg)
- Judge denies motion by FTX lawyers to delay the bankruptcy process to 'find out what happened to FTX'
![](https://www.tbstat.com/wp/uploads/2023/10/20231003_FTX_4_News-1200x675.jpg)
- South Korea’s national pension fund buys $19.9 million worth of Coinbase shares
![](https://www.tbstat.com/wp/uploads/2019/06/south-korea-flag-building-1200x675.jpg)
- CoinShares tees up potential buy of Valkyrie’s crypto ETF wing
https://blockworks.co/news/coinshares-potential-buy-valkyrie
November 17th to November 24th:
- XREX obtains in-principle approval for Major Payment Institution license in Singapore
![](https://www.tbstat.com/wp/uploads/2019/12/shutterstock_793744309-1099x675.jpg)
- Derivatives trading volume on the CME exchange rose 73.5% to $57.4bn, recording the highest volumes since November 2021
![](https://miro.medium.com/v2/resize:fit:1200/1*gkc3dF1IC0Us1TMps6CTFQ.png)
- Santander Private Bank introduces Bitcoin, Ethereum trading for clients in Switzerland
- Japan’s Osaka Digital Exchange to start digital securities trading next month
![](https://www.tbstat.com/wp/uploads/2020/01/shutterstock_563945380-1011x675.jpg)
- Crypto exchange Bullish buys 100% of CoinDesk from DCG
- Tether freezes 225m in stolen USDT linked to an international human trafficking syndicate
![](https://images.ctfassets.net/vyse88cgwfbl/1Lp5apHUys0zGIM6QIIGaO/562c7b1cc3d34fbd963aadff54d31684/Tether_blogpost_cover-1__1_.png)
- 21Shares & ARK amends its Bitcoin ETF spot filing, discloses 80bps fee
https://vxtwitter.com/EricBalchunas/status/1726593229481738448
- U.S. SEC just filed a case against Kraken for operating online crypto trading platform without registering with the agency
https://fxtwitter.com/SummersThings/status/1726725624159748172
- Binance founder Changpeng 'CZ' Zhao released on $175m bond, will be sentenced in February
![](https://www.coindesk.com/resizer/uQK7xqqWyXtcp8bKRlyq4tihbIE=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/B2IHTVNZ2ZA2DMPPH6JGKGKYXQ.jpg)
- Genesis sues Gemini to recover “preferential transfers” worth $689m
![](https://www.coindesk.com/resizer/3iZshAW2A0wNJ-zhqT0fJyo7Ar0=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UFSIRE2W7BFGRLAH67XQE3GXS4.jpg)
- Mt. Gox creditors to receive 'repayments in cash' starting in 2023: trustee email
https://fxtwitter.com/pourteaux/status/1727192415214166494
- UK finance minister announces legislation to boost the nation's digital asset sector
![](https://www.tbstat.com/wp/uploads/2020/01/shutterstock_412054315-1-1013x675.jpg)
- US prosecutors ask federal judge to prevent Binance founder CZ from returning to UAE before sentencing
![](https://www.reuters.com/resizer/FvBmLuD4a7VNwslzMB-sVF6Nt9Y=/1200x628/smart/filters:quality(80)/cloudfront-us-east-2.images.arcpublishing.com/reuters/QOIXBBXF75I7ZE7CNA7J4WZ7ZQ.jpg)
- Singapore plans more rules to curb retail crypto speculation
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ilPfAI7zywPU/v0/1200x797.jpg)
- Do Kwon’s extradition approved by Montenegro court
![](https://www.coindesk.com/resizer/DpHPzGcYDiHdWQbU6I36Q8MRV68=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YS67RQ53XBA2NLNT6AUXPA6MMM.jpg)
November 25th to November 30th:
- CEO Teng outlines 'responsible growth’ vision amid Binance’s compliance overhaul
![](https://www.tbstat.com/wp/uploads/2023/11/richard-teng-1052x675.jpg)
- Judge says former Binance CEO Changpeng Zhao cannot leave US ahead of sentencing
![](https://www.coindesk.com/resizer/R3bSouxeStzUB0LI4ggSJskCQEE=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XZPPDQC4R5H6ZKKNCG5SDSF3ZE.jpg)
- USDC stablecoin to make Japan debut in SBI tie-up
![](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fcms-image-bucket-production-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%2Fimages%2F0%2F7%2F4%2F3%2F46903470-3-eng-GB%2FCropped-1701123300photo_SXM2023112400011079.jpg?width=1260&height=630&fit=cover&gravity=faces&source=nar-cms)
- DCG struck a new repayment deal with bankrupt unit Genesis to end $620 million suit
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/isHm0E2FRDPo/v0/1200x800.jpg)
- Philippines' SEC to block access to world's largest crypto exchange Binance
![](https://www.coindesk.com/resizer/k4eZxinbZ3vMSeHmc64cWEIqVYg=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/EIW5CWDH7ZCXTHVND2CBAF5CVU.jpg)
- US Treasury seeks expanded sanctions powers in digital space
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i9e2LLSt817o/v1/1200x800.jpg)
- FTX approved to start selling $744 million in Grayscale assets
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i8TDYitoBjnE/v1/1200x814.jpg)
- MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per Bitcoin
MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per #bitcoin. As of 11/29/23, @MicroStrategy now hodls 174,530 $BTC acquired for ~$5.28 billion at an average price of $30,252 per bitcoin. $MSTR https://t.co/hSEZyzGBsr
— Michael Saylor⚡️ (@saylor) November 30, 2023
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