On November 2nd, it was reported that the Bitcoin hash rate continued to rise, reaching a new high as of November 1st, 2023. According to the 7-day simple moving average (SMA), the network hash rate reached a record high of 464 EH/s for the first time; the 3-day SMA showed that the network hash rate soared even higher, reaching 468 EH/s.

Crypto-currency consulting platform Bankless co-founder Ryan (@RyanSAdams) wrote on X platform that Bitcoin has always been important, but because of the lack of programmable block space, like calculators being replaced by computers, Bitcoin will also be surpassed. Programmable blockchains are important because they will allow users to perform on-chain transactions, lending, minting, and other operations that can replace banking systems and achieve no banking system operations. At the same time, Ryan stated that a small percentage of cryptocurrencies will receive special "currency" status, and it will take decades for the premium of these currencies to be realized. Only the most decentralized cryptocurrencies can obtain special status, and currently BTC and ETH have a significant lead.

Botev Plovdiv FC, a Bulgarian football club, has integrated BTC and Lightning Network into its payment system and joined the decentralized protocol Nostr. Fans can use BTC for peer-to-peer payments at the Botev Plovdiv FC store and during Bulgarian Parva Liga matches. The club's Bitcoin director, George Manolov, emphasized the huge opportunities that Bitcoin provides in terms of technology, social impact, and finance.

According to an official announcement from Odaily Star Daily, Binance will perform wallet maintenance on the Bitcoin network (BTC) on November 3, 2023 at 10:00 (GMT+8), which is expected to take 30 minutes. Please note: - During the wallet maintenance period, users can still deposit and trade BTC digital assets/tokens on the Bitcoin network as usual. - Binance will suspend BTC withdrawal services on November 3, 2023 at 10:00 (GMT+8). - Binance will reopen BTC withdrawal services on the Bitcoin network after the wallet maintenance is completed, without further notice.

According to BitInfoCharts data, three Bitcoin whales that had been dormant since November 2017 simultaneously transferred a total of about 6,500 BTC around 2:45 am today, earning approximately $170 million at market prices. The three addresses are: 16XwK6UZKQxYEkYzZjP55kNzxDFq1GkBM2; 1ByTg4UG5TD9Pt84ww2GJupmkFNSg7WX9a; 1LVY5FG4knNDYhGGxutDf6Vh33SjEEAepC.

China International Capital Corporation (CICC) released the performance of global asset classes (denominated in US dollars) for October 2023. Among them, alternative asset Bitcoin ranked first with a return of 28.8%, natural gas ranked second with a return of 22.1%, and gold ranked third with a return of 7.3%.

MicroStrategy announced its Q3 2023 earnings report, which showed that the company had once again increased its BTC holdings by 155 coins at a price of $5.3 million in October. As of October 31, 2023, MicroStrategy holds a total of 158,400 bitcoins, with a total cost of $4.69 billion and a holding cost of $29,586 per coin.

According to OKX market information, Bitcoin broke through $35,000 this morning and is now priced at $35,374, with a 24-hour increase of 3.16%.

Canadian Member of Parliament Joël Lightbound celebrated Bitcoin's 15th anniversary and praised its anonymous creator, Satoshi Nakamoto, on the Parliament floor. Lightbound also disclosed his personal ownership of Bitcoin and emphasized the importance of understanding the cryptocurrency rather than just investing in it. He acknowledged Bitcoin's roots and its evolution as a beacon of hope for the underbanked and those under oppressive governance. The mention of U.S. SEC chief Gary Gensler's recognition of Nakamoto's creation in reshaping economic frameworks garnered attention, despite his unexpectedly challenging crypto position post his SEC appointment.

KuCoin recently released an investigation report, which attracted 597 cryptocurrency investors from the United Arab Emirates. 72% of the respondents prefer Bitcoin. About 48% of UAE cryptocurrency users expressed concerns about the lack of trust in cryptocurrency platforms, and 32% of respondents believe that the lack of cryptocurrency education and awareness is a major challenge in the region. This reflects the urgent need to cultivate trust and strengthen education promotion in the cryptocurrency field.