Bitcoin sees its second-largest weekly whale accumulation of 2025

Global markets are experiencing multiple transformative catalysts supporting the recovery of risk assets. For instance, Trump has revived his proposal to distribute $2000 "tariff dividend" checks to every American using tariff revenues. While the plan faces hurdles such as congressional approval and inflationary concerns, it has already boosted consumer confidence and is expected to inject trillions of dollars in liquidity, benefitting high-growth technology sectors. Meanwhile, the U.S. government shutdown has reached a record 41 days. With the Senate having reached an agreement, it's expected to end on November 11—potentially triggering a renewed fiscal injection of tens of billions of dollars and a V-shaped rebound similar to past shutdown recoveries. Market expectations for a rate cut at the Federal Reserve's December FOMC meeting are also rising, with a 62.6% probability priced in for a 25-basis-point cut. Some Trump-backed officials even advocate for a 50-basis-point reduction, which would extend the easing cycle and further stimulate investment in crypto and AI infrastructure. Together, these factors may drive a 5–10% rebound in total crypto market capitalization, creating a window of opportunity for allocation to high-quality projects.

- BitMine Immersion Technologies (BMNR) surged ETH purchases by 34% to 110,288 tokens weekly, now holding 3.5M ETH (2.9% supply) valued at $12.76B. - Leadership overhaul appoints Chi Tsang as CEO, aligning with chairman Tom Lee's "supercycle" vision and $12K ETH price target by 2025. - Market reacts mixed as ETH dips 13.4% in two weeks, with treasury buys currently underwater and regulatory shifts like CFTC oversight emerging. - Shareholders demand transparency amid unstaked ETH holdings and evolving crypt

- Vitalik Buterin drives Ethereum's ZK innovations to solve scalability and privacy challenges, positioning ZK as crypto's next growth pillar. - Modexp precompile updates and GKR protocol reduce proof costs 50x-15x, enabling ZK-rollups to process 43,000 TPS with near-zero fees. - ZK integration with MPC/FHE/TEE expands use cases beyond DeFi, with ZK-FHE hybrids targeting enterprise adoption in healthcare and finance . - ZK Layer 2 market projected to grow at 60.7% CAGR to $90B by 2031, driven by institutio