• Coinbase secures an OCC national trust charter as PNC adds USDC payments for corporate clients. 
  • Schwab Crypto launched SOL, AVAX, and LINK trading, charging 0.75% on each trade. 
  • Trump Media holds 15,649 BTC, up 1,510 since Q2, at an average cost of $105,271.

The global crypto market cap rose 0.7% to $2.594 trillion over the past 24 hours. Bitcoin traded at $74,572.25, down 0.4% on the day and down 2.9% over the past week. Ethereum changed hands at $2,115.47, down 1.0% in 24 hours and down 6.0% over seven days. BNB edged up 0.1% to $687.80, down 1.3% weekly. XRP fell 1.8% to $1.09, down 12.5% over the week. Solana dropped 1.9% to $85.65, down 6.7% over seven days.

CoinGlass data showed $1.187 billion in liquidations over 24 hours, with longs accounting for $1.042 billion. ETH liquidations of $505 million outpaced BTC liquidations of $318 million.

Trending Searches

Dacity Coin led trending searches, up 60.0% to $0.0199. Avalanche rose 7.1% to $8.60, and Bitcoin slipped 0.7% to $74,584.89. Among top gainers, Super Inu surged 141.2% to $0.01569, Dacity Coin also made the list with its 60.0% gain, and Pieverse climbed 40.5% to $2.07.

Tokenization and Institutional Access

The New York Stock Exchange said its upcoming 24/7 tokenized securities platform will use the Avalanche blockchain to settle tokenized stocks. Binance data showed AVAX briefly topping $9 after the announcement. Charles Schwab added SOL, AVAX and LINK to Schwab Crypto, charging a 0.75% fee on each trade.

Coinbase said the OCC converted its conditional approval into a formal national trust charter. Ripple received a similar charter last month. PNC Bank will let eligible corporate clients receive USDC payments through Coinbase, with the funds converted to dollars automatically.

ETF Outflows

SoSoValue data showed Bitcoin spot ETFs losing $1.282 billion last week, with BlackRock’s IBIT accounting for $1.209 billion of that. Ethereum ETFs posted $365 million in outflows, their sixth straight week of outflows, led by $346 million from ETHA. XRP spot ETFs shed $10.4216 million on November 9.

Corporate Treasuries

Strategy bought 1,037 BTC last week, bringing its holdings to 850,364 BTC. The company said its $4.9 billion in dollar assets can cover 3.4 years of interest and dividend payments.

Yu Jin said Trump Media disclosed holdings of 15,649 BTC, up 1,510 from Q2, at an average cost of about $105,271. The company also reported net income of about $410 million for Q3, its first quarterly profit. MARA said it sold Bitcoin to repay $750 million in BTC-backed debt and approved a share buyback of up to $500 million.

Binance Security Update

Binance chief security officer Jimmy Su said outside experts will conduct an independent review of the October 29 incident. Binance is also setting up a security research fund focused on AI-related threats. Su said no single key could revoke the attacker’s on-chain approvals under the hot wallet’s MPC setup, which is why containing the breach took several hours.

Policy and Macro

Senator Elizabeth Warren will chair the Senate Banking Committee from January. Her aides listed prediction markets and the Trump family’s crypto ventures among her priorities. Canada’s budget bill would bar federally regulated financial institutions from issuing crypto directly.

US stocks rallied on Monday, with the Nasdaq up 3.33%, as Brent crude fell 5% to $92.98. US October CPI data is due at 7:00 p.m. IST today.

Related: CZ Dismisses Binance 335M-Record Data Breach Claim as a $900K Scam

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