Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

On November 6th, the renowned angel investor Naval Ravikant in Silicon Valley expressed his views on X regarding "wrapping assets on Zcash, such as real estate and stocks." He stated, "Only by holding digital, on-chain assets can we truly have meaning. Even if off-chain assets are wrapped onto the chain, at most, they can only obtain some minor tracking or accounting convenience. That's all." Naval is a well-known angel investor in Silicon Valley. He has invested in well-known tech companies like Twitter and Uber. He is also a successful entrepreneur who founded the equity crowdfunding platform AngelList and published the renowned book "The Navalmanac."

On November 6th, the founder of Binance, CZ, posted on social media, saying, "The Web 3 educational platform, Giggle Academy, has now offered free education to 70,000 children. The new version is backward-compatible with iOS 15 in order to meet a broader user base."

November 6th: With the official entry of the Eastern Time Zone of the United States into November 6th, the "shutdown" of the U.S. federal government entered its 37th day, setting a new record for the longest shutdown in history. Previously, the U.S. government experienced a 35-day shutdown from the end of 2018 to the beginning of 2019. Earlier today, according to Polymarket data, the probability on the platform that the "U.S. government shutdown will end after November 16th" has risen sharply to 44%, indicating that the U.S. government is unlikely to "reopen" in the short term. Additionally, the probabilities of the shutdown ending from November 4th to 7th are currently 3%, from November 8th to 11th are 22%, and from November 12th to 15th are 30%.

November 6th. Lately, the U.S. Court of Appeals made a ruling that the FBI is not liable for erasing a hard drive which might contain more than 3,400 bitcoins. This is because the convicted owner of the hard drive never informed the government of their ownership of the tokens. The key figure in this case, Prelim, had previously served a prison term for identity theft. After being released in July 2022, Prelim applied to the court to have the hard drive containing bitcoins returned. Nevertheless, the FBI had already erased it in accordance with their standard procedure. Prelim claimed that this action was illegal and appealed. The judge finally stated that Prelim waited too long to file the appeal and their testimony was inconsistent, raising doubts about whether they really held bitcoins. Before reaching a plea agreement and serving a prison term in November 2019, Prelim had claimed to possess "about 3,500 bitcoins." However, after being incarcerated, Prelim changed their story. A fin

On November 6th, as per official information, MGBX is scheduled to list the spot trading of TRUST (Intuition) and TITN (THORWallet) on November 6th, 2025, at 6:00 PM (SGT). Deposit opening time: November 6th, 2025, at 4:00 PM (SGT). Trading opening time: November 6th, 2025, at 6:00 PM (SGT). Withdrawal opening time: November 9th, 2025, at 7:00 PM (SGT).

On November 6th, Goldman Sachs pointed out that during the oral argument stage, several justices of the US Supreme Court questioned former President Trump's utilization of the International Emergency Economic Powers Act. This indicates that the Supreme Court is becoming more likely to rule that the government's use of emergency powers to impose tariffs is unconstitutional. The prediction market now holds that the likelihood of the Supreme Court upholding the tariffs has decreased by approximately 10 percentage points. The final ruling is expected to be announced between December 2025 and January 2026. If the Supreme Court rules against the legality of the tariffs, the government may require several months to refund the approximately $115 billion to $145 billion in tariffs that were collected by then. However, the government is likely to seek alternative legal bases to reimpose similar tariffs, meaning that the overall trade impact will remain restricted. Any tariff reduction measures a