Deutsche Bank officially enters the crypto custody arena! On November 11, Germany’s largest bank launched a digital asset custody service for institutional clients, supporting BTC, ETH, and several stablecoins. Notably, Deutsche Bank plans to expand into Asian financial hubs by 2027.

Dear younger me, I wish I could sit beside you on that night when you were staring at a red portfolio, hoping the next morning would bring everything back. I remember how you kept checking the chart, reading every bullish comment, and searching for one more reason not to sell. You called it conviction. You told yourself that real investors don't give up when things get difficult. But deep down, you weren't holding because you still believed in the project. You were holding because accepting a loss hurt more than watching it grow. That was the lesson nobody could teach you. The market doesn't know your entry price. It doesn't care how long you've waited or how much you want to be right. And sometimes, walking away is a much harder decision than staying. I don't regret every loss. I regret the time I spent defending a decision instead of learning from it. If I could tell you one thing, it would be this: Never let the money you've already lost decide how much more you're willing to lose. To anyone standing where I once stood, remember that protecting your future matters more than proving your past decision was right. Some lessons cost money. The important thing is not to pay for the same lesson twice. A letter I never sent, but a lesson I'll carry forward. @RallyOnChain

IS TRUMP ABOUT TO FACE TWO YEARS OF DIFFICULT GOVERNANCE? Following the Republican Party’s losses in both the House and Senate in the 2026 midterm elections, the balance of power in the U.S. will shift significantly starting January 2027. This means: - Trump will retain the presidency and control of the executive branch. - Passing new legislation on taxes, budgets, and the economy will become difficult. - He may face investigations from a Congress controlled by the Democratic Party. - Many policies on his agenda risk being delayed or obstructed. Trump will not lose the presidency, but he will have to govern with a Congress controlled by the opposition. The final two years of his term could become a highly challenging period for the Trump administration. This is also a key factor to monitor regarding U.S. economic policy, tariffs, and the regulatory framework for crypto. Information provided for reference only, intended to offer data and personal perspectives—not investment advice. Users should assess their own risk tolerance and suitability before making decisions.

DEMOCRATS WIN BIG—DOES BITCOIN FACE PRESSURE? The results of the U.S. midterm elections are leaning toward the Democratic Party. The party is projected to gain control of the House of Representatives and has a chance to take the Senate as well. A few market implications for AE to consider: - Crypto-friendly legislation may stall. - Bills like the CLARITY Act could face obstacles amid a shift in congressional control. - Market sentiment is becoming more cautious. - Investors are concerned that crypto regulatory policies may not be as favorable as under Trump. Bitcoin may face short-term pressure (and has already dropped to the $75K range). This is indeed negative news for the market in the short term. However, in the long term, Bitcoin remains heavily influenced by Fed interest rates, capital flows, and investor demand...

ETH ETF in the U.S. experiences 23 consecutive days of net outflows—unprecedented in history! October: Over $1 billion withdrawn from ETH ETFs. Specifically, on October 30: $155 million in net outflows. While institutional capital continues to flee, ETH staking volumes hit a new all-time high. https://t.co/oft6sTRBfM

The founder of the OneKey crypto wallet has issued a warning about security vulnerabilities in older iPhone models, which may make using these devices as cold wallets for storing crypto less secure than many believe. iPhone models from the 4S through the iPhone X are affected by the checkm8 vulnerability, while the iPhone XS, XR, iPhone 11, and iPhone SE (2nd generation) are flagged for the usbliter8 vulnerability. These vulnerabilities reside in the BootROM—the firmware permanently embedded in the chip during manufacturing—meaning Apple cannot fix them with iOS updates alone. However, this does not mean hackers can automatically steal Bitcoin or private keys. Exploiting these vulnerabilities typically requires physical access to the device, and attackers may still need to bypass additional security layers, such as authentication required by a wallet app. Many believe that simply purchasing an old iPhone, restoring it to factory settings, and disabling internet connectivity makes it safe to use as a cold wallet. But in reality, this is not true, as some vulnerabilities are embedded directly in the hardware.

VOTE TO MAINTAIN INTEREST RATES HAS EXCEEDED 90% This scenario was nearly anticipated. Therefore, Fed Chair Powell may respond ahead of the official announcement (already mentioned in the video). What AE needs to monitor after the meeting is the Fed’s tone and signals regarding future monetary policy, not just the interest rate decision.

Staking Ethereum and Solana hit records, but rewards are shrinking. According to Bitwise, the amount of ETH locked for staking to earn rewards reached a record 43.8 million ETH by the end of September, nearly 36% of the total supply. Solana also set a record, with 69% of total SOL staked. However, with so many participants staking, rewards are being diluted. Ethereum’s staking yield decreased from 2.81% to 2.63% annually, while Solana’s yield dropped by approximately 6%. The majority of rewards on both networks still come from newly issued tokens, not transaction fees. In terms of network activity, Solana generated $76 million in transaction fees during Q3, driven by memecoin trading, while Ethereum earned only about $41 million.

MSCI officially plans to remove Strategy from its indices! MSCI has officially announced its plan to remove Michael Saylor’s Strategy (MSTR) from its global indices, effective November 30. MSCI currently classifies companies with a business model like Strategy as non-operating enterprises—those focused solely on holding assets rather than conducting business operations. As a result, MSTR no longer meets the eligibility criteria for inclusion in their indices. MSTR is not alone; Metaplanet is also on the blacklist. The final decision list will be published on November 11. According to prior estimates by JPMorgan, being removed from MSCI indices could force Strategy to face passive selling pressure of up to $2.8 billion from index-tracking funds.

Is the White House considering using its budget to buy more Bitcoin? Patrick Witt, CEO of the White House Digital Assets Advisory Council, revealed that the U.S. government is actively exploring options to use federal funds to purchase Bitcoin on open markets, in order to supplement the Strategic Reserve. Witt affirmed that Bitcoin is the “financial infrastructure of the future.” However, direct purchases on the market still require official approval from Congress. With the midterm elections approaching… are the bosses just going to keep leaning on crypto and Bitcoin news again? 👀 Note: This information is for reference only and does not constitute investment advice.