Sigma Capital CEO: The Four-Year Cycle Has Not Ended, and the Next Bear Market Could See a Decline of Up to 70%

On November 2, as per an official announcement, Binance Alpha is set to launch the Dino Tycoon (TYCOON) project on November 4. Qualified users can access the Alpha Events page once trading commences and claim the airdrop by using Alpha Points. Further details will be made public shortly.

A whale(2z4gKC) who had over 23K $SOL($4.37M) staked just woke up after 10 months of dormancy, spending 65 $mSOL($16.7K) to buy 1.12M $GHOST.

On November 2nd, according to the monitoring of HyperInsight, "Buddy" slightly increased its long position in ETH 10 minutes ago while reducing its long position in HYPE. As of the time of this writing, its total position size has reached $10.45 million.

On November 2nd, according to the on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the market has been in a sideways trading pattern for two consecutive days. All AI models have not made significant portfolio adjustments, and the AI models with a large long position are seeing some unrealized gains. Among them, DeepSeek holds long positions in five major coins and uses a DOGE short position as a hedge, with a total unrealized gain of $1940 (18%); Qwen3 maintains an "ALL IN BTC" long strategy and has an unrealized gain of $740 (19%). In various AI model strategies, the higher the ratio of short positions, the greater the loss in funds. For example, Grok and Gemini have been holding short positions at full capacity for a long time, and their funds are currently below $3000, suffering the greatest losses. Ranked by the total account balance, the current rankings are: DeepSeek ($15,108), Qwen3 ($13,668), Claude ($9,532), Grok ($6,461), Gemini ($2,922), GPT5 ($2,411).

November 2nd. As per FT, the European Commission is currently in the process of formulating a plan to enhance central oversight of key financial market infrastructures. This includes stock exchanges, cryptocurrency exchanges, and clearing institutions. The aim is to reduce regulatory fragmentation within a single market. The plan will grant enhanced authority to the European Securities and Markets Authority (ESMA) to oversee "cross-border critical entities", encompassing both crypto asset service providers and post-trade infrastructures. Germany is engaged in discussions with France to provide support for the proposal. However, countries like Luxembourg and Ireland are worried that centralizing power will undermine the competitiveness of their national financial industries. The European Commission is anticipated to present a formal "market integration plan" in December.

On November 2nd, CZ posted on "Weekend Builder Idea": AI Judge Assistant. The proposal is to train artificial intelligence by using written laws and past cases. Subsequently, utilize AI to put forward judgment suggestions for each public case. CZ holds the view that although such projects may not be rapidly adopted, they may become valuable assistants for judges, lawyers, and case-related personnel. Keep an eye on its development and apply it to prediction markets and so on. "I don't think creating such a project is difficult. I am very willing to fund a good project."