Cryptocurrency writer Scott Dedels stated on X that a bank blocked two Bitcoin transactions without providing any "specific" reason. Dedels now hopes people can withdraw their funds and argues that financial institutions should not control how customers decide to use their money. It is currently unclear which bank blocked Dedels' Bitcoin purchases. However, the author claims it was one of the "Big Five" Canadian banks. An insider revealed that more and more Canadian banks are keen to bolster their balance sheets. In this effort, banks are becoming increasingly sensitive and hoping to retain more funds to improve their lending capacity. This "sensitivity" explains why more and more banks are prohibiting the transfer of funds to cryptocurrency.

According to BTC.com data, on November 7th, the total network transaction fee for Bitcoin reached 74.439 BTC, continuing the growth trend since November 3rd. Compared to the single-day total network transaction fee of 18.12 BTC on October 30th, which was more than 4 times higher.

According to official data from BlockBeats on November 7th, the trading volume of BRC20 assets on OKX Web3 wallet has increased across the board, with the trading volume ratio ranking first in the industry. Among them, sats' 24-hour trading volume exceeded 100 BTC, reaching 102.96 BTC, with a transaction amount of 761.48 BTC and over 21 million transactions, setting a new historical high.

Cryptocurrency intelligence company Glassnode has announced that it will abandon projects related to cryptocurrency taxation and instead focus on new solutions for institutional investors and DeFi. On November 6th, Glassnode announced the sale of its cryptocurrency tax platform, Accointing, to European cryptocurrency compliance provider Blockpit. A spokesperson stated that Glassnode will exit the cryptocurrency taxation field by selling Accointing to Blockpit, allowing the company to focus on providing new intelligent solutions for institutional clients in the digital asset space.

According to Whale Alert monitoring, at 13:19:07 Beijing time, 1,250 BTC ($43,605,596) was transferred from an unknown wallet to Binance.

Core Scientific announced an update on its operations in October 2023. The company produced 910 Bitcoins through its own mining machines in October. As of the end of the month, the company operated about 145,000 of its own Bitcoin mining machines, accounting for about 73% of the total number of machines, with a total computing power of 15.1 EH/s. In addition to self-mining, Core Scientific also provides data center hosting services, technical and operational support for about 53,000 customer-owned hosted Bitcoin mining machines. As of October 31, they accounted for about 27% of the Bitcoin mining machines operating in the company's data centers. Customer-owned machines produced about 417 Bitcoins in October, including Bitcoin rewards paid to the company based on profit-sharing agreements. 

According to a report released by CoinGecko, as of November 1, 2023, the top 14 listed Bitcoin mining companies held a total of 38,903 BTC, which accounted for 0.18% of the BTC supply, much lower than MicroStrategy's 152,333 BTC holdings. Currently, the top 14 Bitcoin mining companies hold a total of 38,903 BTC. However, this only accounts for 0.18% of the maximum Bitcoin supply (21 million), far lower than MicroStrategy's 152,333 BTC holdings. Marathon Digital, Hut 8 Mining Corp, and Riot Platforms are the top three listed Bitcoin mining companies with the most Bitcoin holdings. These three companies collectively hold 30,401 BTC, accounting for 78% of the total BTC holdings of leading mining companies. The top three Bitcoin mining companies each hold more than 3,000 BTC. In contrast, the remaining 11 companies each hold less than 3,000 BTC, with a total of 8,502 BTC.

According to data disclosed by Ordinals Wallet, the 24-hour trading volume of the Bitmap land in the Metaverse has exceeded 1 BTC. It is reported that the developer of the Bitmap protocol is blockamoto. After the protocol was launched, Ordinalswallet officially developed a map based on Bitmap for duplication checking and engraving.

Investors are continuing to pour money into the cryptocurrency market, with crypto funds experiencing their best run of inflows since the 2021 bull market, according to a report by CoinShares. Investment vehicles holding cryptocurrencies saw $261 million of net inflows last week, marking six consecutive weeks of positive influx totaling $767 million. Bitcoin funds remain dominant, bringing in most of the inflows, while Ether funds saw their largest inflows since August 2022. The recent stretch of inflows signals rising demand for crypto assets among institutional investors.

According to a report released by CoinGecko, as of November 1, 2023, the top 14 listed Bitcoin mining companies hold a total of 38,903 Bitcoins, which is 0.18% of the maximum supply of 21 million Bitcoins. This is much lower than MicroStrategy's holdings of 152,333 Bitcoins. Marathon Digital, Hut 8 Mining Corp, and Riot Platforms are the top three listed Bitcoin mining companies with the most Bitcoins, holding a total of 30,401 BTC, which is 78% of the total Bitcoin holdings of leading mining companies. The top three Bitcoin mining companies hold over 3,000 Bitcoins each, while the remaining 11 companies hold less than 3,000 Bitcoins each, totaling 8,502 BTC.